Direct Drive Technology Timeline

Events

• 2026-10-16 - Manufacturing - Lenovo expands Shenzhen pilot-production base and adds six manufacturing partners - The MaaS workshop expanded from 4,000 to 11,000 square metres; Lenovo reports fourfold capacity expansion. The first 50 MileBot exoskeleton units were assembled, tested and delivered in under a week after materials were ready. Existing work includes TITA… - source: finance.sina.com.cn
• 2026-09-29 - Market Signal - Direct Drive Technology begins trading on Hong Kong Stock Exchange - The global offering comprised 50 million shares at HK$21.60 each, raising approximately HK$1.08 billion in gross proceeds. The Hong Kong public offering was approximately 208.56 times subscribed. Proceeds are allocated approximately 50% to R&D, 20% to… - source: tradingview.com
• 2026-09-21 - Market Signal - Direct Drive Technology launches Hong Kong global offering - The offering materials estimate approximately HK$982.5 million of net proceeds. About 50% of net proceeds is allocated to robotics research and development and 20% to production capacity and efficiency. Direct Drive technology had been incorporated into more… - source: cibo.hk
• 2026-09-17 - Regulatory - Direct Drive Technology clears renewed HKEX listing hearing - CITIC Securities is the sole sponsor of the proposed Hong Kong listing. The company primarily sells direct-drive robot actuator modules and also sells wheel-legged robots. Its prospectus cites 61.1% of China consumer-robot direct-drive module revenue and… - source: bastillepost.com
• 2026-08-26 - Partnership - Everybot secures Korean distribution rights for Direct Drive Tech quadrupeds - Everybot plans to combine its autonomy and 3-D vision software with Direct Drive Tech quadruped and wheel-legged platforms. The agreement establishes a Korean commercial channel for industrial use cases rather than a one-off demonstration. Direct Drive Tech… - source: newsis.com