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Grandall Advised RoboTechnik for A-Share IPO

Grandall Law FirmRelease Date: 2018-11-01

The application of RoboTechnik Intelligent Technology Co. Ltd. (“RoboTechnik”) for IPO on the GEM board was approved on the 163rd meeting of the 17th Offering Examination Committee of CSRC on October 30, 2018.

Founded in April 2011, RoboTechnik is a hi-tech company engaging in the development and manufacturing of intelligent manufacturing execution system, intelligent production equipment, intelligent storage system and intelligent material transferring system with industrial internet, industrial AI and industrial big data as its technological core. With a complete system for R&D, design, fabrication, testing, sale and service, the company provides flexible, intelligent and efficient solutions for PV and clean energy, electronics and semi-conductors, automobile precision components, food and pharmaceuticals, and other areas and offers tailored smart manufactory solution to clients. Meanwhile, its intelligent manufacturing execution system is able to control, optimize, manage and track the entire industrial production process, product quality and plant resources. According to audit by independent accountant, RoboTechnik’s business proceeds in 2017 was RMB 428,862,172.92, and net profits (net of non-recurring profit and loss) attributable to shareholders of its parent company was RMB 88,319,989.68.

Grandall Shanghai has been retained as the counsel to RoboTechnik for the project and provided it with comprehensive and high-quality professional service. Members of the professional team for this project include Qian Dazhi, Shao Zhen and Wang Zhen.

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