Mecamand passed the Hong Kong Stock Exchange hearing. It is the first unicorn company in Xiong'an New Area

Comparatively, Mecamand (Xiong'an) Robotics Technology Co., Ltd. passed the Hong Kong Stock Exchange listing hearing on August 16, becoming the first company to declare and pass the hearing from Xiong'an. The company was founded by the Tsinghua Overseas Returnees team in 2016 and moved its registered place of registration to Xiong'an in 2024. It is the first unicorn company in Xiong'an New Area.

Mercamander positions “AI+3D vision+robot” and independently develops the Mech-GPT multi-modal large model and “eye to hand” full-stack technology system. In 2025, it ranked first in the global AI+3D vision-guided general intelligent robot component market with a 22.1% share. Revenue from 2023 to 2025 increased from $181 million to $389 million, adjusted net loss narrowed to $109 million, and the share of overseas revenue rose to 50.3%.

The company has deployed more than 27,000 units, and its customers include Ningde Times, BYD, Toyota, BMW, etc. Previously, it was invested by institutions such as Qiming Venture Capital, Intel Capital, Meituan, IDG, and Sequoia China.