Excelland Robotics begins trading on HKEX under 03231
Excelland Robotics listed on the Hong Kong Stock Exchange after selling 45 million H shares at HK$14.45 per share.

Evidence notes
- The offering generated net proceeds of approximately HK$576.6 million.
- Cumulative sales exceeded 114,600 robots across more than 5,100 customers through March 2026.
- Proceeds are intended for product development, manufacturing capacity and international expansion.
Company overview
Commercial delivery, cleaning and customer-service robot manufacturer.