Roborock Receives CSRC Clearance for Hong Kong Listing, Q1–Q3 Revenue Exceeds USD 17.2 Billion
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Roborock, a leading smart vacuum maker, has secured key regulatory clearance for a Hong Kong listing. The company reported strong revenue growth but a significant drop in net profit for the first three quarters of 2025.
Roborock Technology Co., Ltd. has made a key step toward a Hong Kong listing. The company recently received a filing approval notice from the China Securities Regulatory Commission (CSRC) for an overseas listing, planning to issue up to 33.11 million H shares on the Main Board of the Hong Kong Stock Exchange, subject to further regulatory requirements.
Founded in 2014, Roborock specializes in smart cleaning appliances and has been listed on Shanghai’s STAR Market since 2020. The planned H-share issuance aims to diversify financing channels and enhance the company’s global brand visibility and competitiveness.
Financially, Roborock posted strong revenue growth but weaker profitability in the first three quarters of 2025. Revenue reached RMB 120.66 billion (approx. USD 17.24 billion), up 72.22% year-on-year, while net profit attributable to shareholders fell 29.51% to RMB 10.38 billion (approx. USD 1.48 billion). Sales and marketing expenses more than doubled to RMB 31.8 billion (approx. USD 4.54 billion), while R&D spending rose 60.56% year-on-year to RMB 10.28 billion (approx. USD 1.47 billion).
According to CIC Consulting, Roborock held 23.4% of the global robot vacuum market by GMV in 2024. In the first three quarters of 2025, global shipments reached 3.79 million units, representing a 20.7% market share. Overseas growth was particularly strong, with Roborock capturing 40% market share on Amazon North America during Black Friday promotions.
Source：IPOzaozhidao
