EngineAI, a Chinese maker of humanoid robots, has filed confidentially for an initial public offering in Hong Kong, Bloomberg reported on June 12, 2026. The Shenzhen-based startup is working with China International Capital Corp and Citic Securities on the possible share sale.
The company raised $200 million in a Series B in April that pushed its valuation above 10 billion yuan ($1.5 billion), in a round led by a fund tied to Henan Investment Group and the electronics supplier Luxshare Precision Industry. EngineAI was founded in 2023 by a team drawn from top universities, led by chief executive Zhao Tongyang.
On June 1, EngineAI opened a 12,000-square-metre factory in Shenzhen and began shipping its first batch of T800 robots. The company says the line can turn out a humanoid every 15 minutes, and is geared for 10,000 units annual capacity. The pitch to IPO investors is a real manufacturing base, not just viral demo videos.
EngineAI is joining a rush of Chinese robot makers racing to public markets. Unitree, the sector leader, has filed for a $7 billion IPO; the BYD-backed PaXini is also weighing a listing. About $22.6 billion has already been raised in Hong Kong IPOs this year.
