Shares of SEER TECH (06106) commenced trading on the Hong Kong Stock Exchange today. The company's shares opened flat in the morning session.

The listing announcement confirmed an issue price of HK$101.6 per share. A total of 10.4973 million shares were offered, with a board lot size of 50 shares. The net proceeds from the offering are approximately HK$995 million.

At the time of writing, the stock was trading at HK$101.6, unchanged from the issue price, with a turnover of HK$241 million.

Company Overview and Market Position

The company is a smart robotics firm with its core technology centered on robot control systems, often referred to as the "robot brain." Its proprietary robot control technology forms the foundational platform for its smart robot products and serves as a key differentiator in its business.

According to market research, the company holds the leading global market share by sales volume for robot controllers, at 24.8%. In the Chinese market, its share is even more dominant, reaching 45.2%.

Customer Base and Business Reach

The company has established an extensive customer network, comprising over 2,000 system integrators and end-users spread across more than 35 countries and regions.

In the 2025 fiscal year, 82.7% of the company's revenue was generated from mainland China, with the remainder coming from overseas markets.

To date, more than 2,000 different robot models have been deployed using the company's platform. These deployments span over 20 distinct industries, including 3C electronics, automotive, automation equipment, new energy, semiconductors, construction machinery, and biopharmaceuticals.