Ledong Robot (01236) Cornerstone Co., Ltd. lifted the ban, Kang Chengheng Vision stated that it will be held for a long time

The ban on the shares subscribed by Ledong Robotics (01236) cornerstone investors was lifted on November 11, 2026. Zhitong Finance learned from Kang Chengheng Vision Investment Co., Ltd. (hereinafter referred to as “Kang Chengheng Vision”), the cornerstone shareholder of Ledong Robotics, that Kang Chengheng Vision is optimistic about the long-term growth potential of Ledong Robotics in the field of physical AI perception and intelligent mowing robots, and plans to continue to hold shares in the company after the ban is lifted.

Yuan Yakang, chairman of Kang Chengheng Vision, said, “We are optimistic about the long-term value of Ledong Robotics. We will not rush to reduce our holdings due to the lifting of the ban. There are no plans to reduce our holdings within half a year. We will continue to hold shares in the company and support the company's development for a long time. If there is a plan to reduce holdings after six months, it will also be carried out in an orderly manner. Developing future industries such as artificial intelligence and cultivating new quality productivity is an important direction for the country to promote self-reliance and self-improvement in high-level science and technology. China's robot industry is entering a new stage of large-scale application. The value of perception, as the core ability of robots to understand the physical world, will be further demonstrated. Chairman Zhou Wei and his team have invested in sensing technology for a long time and introduced related technology to the global market through our own brand of lawnmower robots. This is an important reason for our investment. We will continue to be patient capital to support the growth of more Chinese technology companies that have mastered key core technologies.”

According to the announcement of the distribution results of Ledong Robotics, Kang Chengheng Vision received 10.5082 million H shares in the company's global sale, with a subscription amount of approximately HK$277 million. This batch of shares accounts for about 3.15% of the issued share capital of Ledong Robotics. The last day of the ban period is November 10, 2026.

Ledong Robotics was founded in 2017 and listed on the main board of the Hong Kong Stock Exchange on May 11, 2026. It is known as the “First Space Intelligent Robot Stock” of the Hong Kong Stock Exchange. With visual perception as the core, the company provides sensors and algorithm modules such as lidar to robot manufacturers to provide underlying sensing capabilities for robots to move autonomously and understand the environment. Ledong Robotics also uses sensing and navigation technology for its own brand ANTHBOT intelligent lawnmower robot, opening up and verifying a second growth curve. In the first half of 2026, Ledong Robotics achieved total revenue of RMB 523 million, an increase of 35.2% over the previous year, of which revenue from visual perception products was RMB 309 million and revenue from intelligent mowing robots was RMB 201 million (up 159.1% year on year).

Since its launch, Ledong Robotics has continued to expand its sensing technology and complete machine business. The company announced in October that it signed a cooperation agreement with Huazhong University of Science and Technology to jointly develop flexible 3D tactile sensors and array systems. In the same month, the company signed an agreement to acquire German garden equipment company SABO to expand offline channels for mowing robots through its professional retail network in Europe.