Robotechnik intelligent technology announces impairment provisions, H-share listing progress

Robotechnik Intelligent Technology announced impairment provisions totaling RMB 8,317,479.18 for the first three quarters of 2025, significantly impacting the period's net profit. The largest component was an inventory write-down of RMB 25,286,918.29, which exceeded 30% of the company's net profit from the last audited fiscal year. Other provisions included credit impairment losses for accounts receivable and other receivables, alongside reversals for notes receivable, contract assets, and other non-current assets. The company emphasizes these provisions align with accounting standards and reflect a cautious approach.

Concurrently, Robotechnik Intelligent Technology has submitted an application to the Hong Kong Stock Exchange for the issuance and listing of H-shares, with the application materials published on the HKEX website on October 28, 2025. This move aims to expand its capital base through offshore investors and qualified domestic institutional investors. The H-share listing is contingent upon regulatory approvals from the CSRC, HKEX, and other relevant bodies, and is subject to market conditions.

In addition, the company's Q3 2025 report shows a 59.04% decrease in revenue and a 344.24% decrease in net profit attributable to shareholders year-to-date. The balance sheet reflects a significant increase in total assets, primarily due to a major asset restructuring that integrated Feikong Taike, leading to notable increases in inventory, construction in progress, and goodwill. These financial adjustments and strategic capital market moves underscore a transformative period for Robotechnik Intelligent Technology.