Wo'an Robotics, a Portfolio Company of Nanjing Venture Capital Group's Co-invested Sub-funds, Successfully Lists on the Hong Kong Stock Exchange
January 7, 2026
On December 30, 2025, Wo'an Robotics (Shenzhen) Co., Ltd. (hereinafter referred to as "Wo'an"), a portfolio company of Nanjing Yuanling Equity Investment Partnership (Limited Partnership) (hereinafter referred to as "Yuanling Fund") and Shenzhen Fortune Capital Chuanghong Private Equity Investment Partnership (Limited Partnership) (hereinafter referred to as "Fortune Capital Chuanghong Fund")—the co-invested sub-funds of Nanjing Venture Capital Group—was listed on the Hong Kong Stock Exchange, becoming the "first stock of AI embodied home robots". Wo'an's offering price was HK$73.8 per share, with a total initial fundraising of HK$1.64 billion and a market capitalization of HK$16.4 billion upon listing.

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Wo'an is one of the very few companies worldwide that have launched a number of world-first products in the AI embodied home robot industry and successfully commercialized them. Leveraging the advantages of an integrated industrial chain covering production, sales and R&D, especially its three independently developed core AI embodied technologies—AI machine vision control technology, robot positioning and environment construction technology, and distributed neural control network technology—Wo'an has rolled out a series of world-first products, including Acemate, the world's first AI tennis robot capable of playing against real humans, Kata Friends, the world's first AI companion robot with a locally deployed large model, and the world's first multi-functional household robot. Its products are exported to more than 90 countries and regions overseas, with key markets including Japan, Europe and North America. According to the public report by Frost & Sullivan, ranked by revenue scale in 2024, Wo'an has become the world's largest provider of AI embodied home robot systems and the only company in this field with a comprehensive layout of home robot categories for household life scenarios.

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Nanjing Yuanling Equity Investment Partnership (Limited Partnership) was established in May 2019, with Source Code Capital as the fund manager. The fund has a total size of RMB 2 billion. The Nanjing Industrial Development Fund, entrusted to Nanjing Venture Capital Group for management, invested in Yuanling Fund in 2019. The fund has continuously focused on three core themes: Internet+, Intelligence+, and Global+, and invests in advanced technologies, industrial internet, enterprise services, consumer internet, overseas expansion and other fields.
Shenzhen Fortune Capital Chuanghong Private Equity Investment Partnership (Limited Partnership) was established in August 2020, with Fortune Capital as the fund manager. The fund has a total size of RMB 6.944 billion. The Chuangrun Mother Fund, entrusted to Nanjing Venture Capital Group for management, invested in Fortune Capital Chuanghong Fund in 2021. The fund focuses on five advantageous tracks and invests in new-generation information technology, intelligent manufacturing, mass consumption and enterprise services, healthcare, military industry and other fields.

Source: Gong Yuxiang, Shao Yifu, Fund Department

Reviewer: Xue Yao

Publisher: You Yi