Orbbec Plans H-Share Offering and Hong Kong Listing to Deepen Global Strategy

Bot Telegraph July 22nd report, Orbbec recently announced that in order to deepen its global strategic layout, establish an international capital operation platform, diversify financing channels, and enhance the company’s comprehensive competitiveness and international influence, it is planning to issue overseas-listed shares (H-shares) and list them on the Hong Kong Stock Exchange.

As of now, the company is in discussions with relevant intermediary agencies regarding the specific progress of this H-share issuance and listing, and the related details have not yet been finalized. This H-share issuance and listing will not lead to changes in the company’s actual controller.

Orbbec is a leading domestic 3D vision perception technology company. Its products are widely used in fields such as robotics, AIoT, and biometric recognition, providing robots with environmental perception and visual capabilities. The company was listed on the Science and Technology Innovation Board in 2022, and this plan to list in Hong Kong is considered a significant step in its internationalization strategy.

Source: Bot Telegraph China