Financial Technology | CITIC Securities-sponsored leading enterprise in comprehensive intelligent on-site logistics robots, KAILUOSHI Technology, successfully listed on the Hong Kong Stock Exchange

(Source: Citic Securities)

On March 24, 2026, Zhejiang Keles Technology Group Co., Ltd. (hereinafter referred to as Keles Technology, 2729.HK) successfully listed on the Main Board of the Hong Kong Stock Exchange, with an offering size of HK$613 million. Citic Securities served as the joint sponsor, joint overall coordinator, joint global coordinator, joint bookrunner, and joint lead transaction agent.

Focused on core embodied intelligence technologies

Leading the digital and intelligent transformation of logistics warehousing

Keles Technology is a leading domestic provider of comprehensive intelligent in-warehouse logistics robots, focusing on embodied intelligence technology and intelligent systems as the core to reshape modern logistics infrastructure. Centering on key scenarios of warehouse automation, Keles Technology has built a portfolio of robot products and automated solutions covering critical steps such as storage and retrieval, handling, and sorting. It is widely used in sectors including automotive, consumer electronics, pharmaceuticals, and e-commerce, continuously improving industry logistics operation efficiency and the level of warehousing intelligence.

Keles Technology has deeply participated in the upgrade of the modern supply chain system, with long-term focus on innovations in in-warehouse logistics automation, and is committed to becoming a strong driving force leading the digital and intelligent transformation of logistics warehousing. Based on 2024 revenue, Keles Technology ranks among the top five in China’s comprehensive intelligent in-warehouse logistics robot industry.

Citic Securities leverages its comprehensive service advantages

Helping technology-driven innovation companies go global

With professional and efficient execution capabilities, Citic Securities precisely seized key project milestones, effectively advanced the overall process, helped Keles Technology successfully complete the filing with the China Securities Regulatory Commission and pass the Hong Kong Stock Exchange’s listing hearing, and achieved a successful listing. This issuance saw strong market interest: the Hong Kong public offering was subscribed 2,153.26 times over, and the international placing achieved 3.37 times oversubscription.

Citic Securities has fully devoted itself to writing the big article on technology finance, deepening its efforts in the embodied intelligence industry. Based on its profound understanding of the industry and solid investment banking professional capabilities, it has efficiently promoted project implementation. This support for Keles Technology’s successful listing further demonstrates Citic Securities’ professional strength in serving embodied intelligence companies.

Keles Technology

(Stock code: 2729.HK)

Established in 2014, Keles Technology is a leading domestic provider of comprehensive intelligent in-warehouse logistics robots. It is committed to redefining supply chain operation models through advanced robot technology. Keles Technology has extensive embodied intelligence technology capabilities and a diversified portfolio of independently developed robot products. By integrating robot hardware with intelligent dispatching software, it builds a systematic design and deployment framework. It can customize flexible and scalable solutions according to warehouse layouts and operating processes, greatly improving warehousing efficiency, lowering costs and dependence on manual labor, helping traditional warehouses upgrade to intelligent logistics facilities, and meeting modern commercial dynamic logistics needs across the board.

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