RoboTechnik to list H shares in Hong Kong on September 29 for silicon photonics push

Suzhou-based automation specialist RoboTechnik will list H shares in Hong Kong on September 29 under code 3757, offering 11.88 million shares at up to HK$436 each for expected proceeds of about HK$4.96 billion. After acquiring German photonics-equipment maker ficonTEC, most of its revenue now comes from machines that assemble and test silicon-photonic devices.

• Offering 11.88 million H shares at up to HK$436 each
• Expected proceeds of about HK$4.96 billion after expenses
• ficonTEC has installed over 1,200 assembly and testing systems
• Photovoltaics accounted for 95% of RMB1.57 billion revenue in 2023