As disclosed in a September 22 Hong Kong Stock Exchange (HKEX) filing, Zhongshan Broad-Ocean Motor Co has submitted its prospectus for a HKEX debut, with Citi and Huatai International acting as joint sponsors.
The document identifies Broad-Ocean as a motors and electric drive systems supplier, covering building and home appliance motors, starters and generators, and NEV powertrain systems and key components.
This year, Broad-Ocean has accelerated its efforts in the robotics sector, notably in July through a partnership with Tongji University to launch a joint research center for advanced technology in embodied robot actuators. The collaboration yielded breakthroughs in motor lightweighting and dexterous hand technology.
In terms of strategic investment, Broad-Ocean has acquired a stake in Mech-Mind, a top-tier robotics innovator specializing in "AI+3D" vision systems. The partnership also focuses on advancing the engineering and industrialization of critical robotic modules.