Tian Yuan Hong Kong team assisted Beijing Yunji Technology Co., Ltd. (Stock Code: 02670.HK) (“Yunji”) in completing its initial public offering and listing on the Main Board of the Hong Kong Stock Exchange on October 16, 2025. Yunji is the fourth specialized technology company to list in 2025 after the addition of Chapter 18C to the Main Board Listing Rules of the Hong Kong Stock Exchange. The public offering in Hong Kong was oversubscribed by more than 5,000 times, demonstrating a strong market response. CITIC Securities (Hong Kong) Limited and CCB International Capital Corporation Limited served as the joint sponsors for this listing project.
Yunji is a leading AI-enabled robot service technology company. According to Frost & Sullivan, Yunji was the largest player in the global hotel service robot intelligent agent market in terms of revenue from the hotel sector in 2024. In 2024, Yunji ranked first globally in the number of robots simultaneously online and the number of consumers served among participants with robots capable of adapting to three-dimensional multi-layered spaces. From robots capable of interacting with the real world to AI-powered digital systems that optimize decision-making, Yunji provides customers with highly adaptable and scalable products and services. Its robots have been deployed in 331 prefecture-level administrative regions in China, covering almost every city at this level, and are used in various scenarios such as commercial buildings, medical institutions, factories, and residential communities to provide services, demonstrating excellent cross-scenario adaptability and stability.
In this IPO project, Tian Yuan Hong Kong served as Yunji's Hong Kong legal counsel and drafted the prospectus, providing high-quality Hong Kong legal services throughout the entire process. Leveraging its profound industry insights and precise understanding of Hong Kong capital market rules, the team successfully helped the company showcase its core technological features and strategic advantages. Their professional competence and responsible attitude earned high praise and unanimous recognition from Yunji and various intermediaries. Yunji's successful IPO fully demonstrates Tian Yuan Hong Kong's outstanding ability to provide one-stop, high-quality, industry-customized legal solutions in a complex regulatory environment, further strengthening its leading reputation and industry influence in the Hong Kong capital market business for the technology sector.
In this project, the Tian Yuan Hong Kong team was led by Managing Partner Nan Li, with assistance from Isabelle Wu, Crystal Zhang, Haobo Zhang, Ran Wei, Connie Chen, and Fuhua Deng.
