On September 3, MECH-MIND ROBOT fell 5.19% in regular trading, trading at 93.05 HKD/share, with turnover of approximately 25.30 million HKD. The stock has now declined for three consecutive trading days since its Hong Kong listing on September 1, with the cumulative drop from its IPO price of 101.70 HKD exceeding 8%.

On the news front, the company listed on the HKEX main board at the top of its indicative price range at 101.70 HKD per share, but broke below the offer price on its debut, closing down 1.87% on Day 1 and falling another 1.55% to 98.25 HKD on Day 2. Notably, as of the first trading day close, the greenshoe stabilization fund had already consumed approximately 219 million HKD, leaving only around 134 million HKD — roughly 37% of the total — suggesting limited remaining capacity to support the share price through the stabilization period ending September 26.

MECH-MIND ROBOT was founded by a Tsinghua University alumni team in 2016, specializing in AI-powered 3D vision, intelligent planning, and dexterous manipulation components for robots. The company holds a 22.1% global market share by revenue in the AI+3D vision-guided universal intelligent robot component segment and serves over 100 Fortune Global 500 enterprises across automotive, new energy, consumer electronics, and logistics industries.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)