Core Viewpoint - Shenzhen Zhaowei Electromechanical Co., Ltd. has received approval from the China Securities Regulatory Commission for its overseas listing, allowing it to issue up to 69.05845 million ordinary shares on the Hong Kong Stock Exchange [3]. Company Overview - Zhaowei Electromechanical was established in 2001 and is a leading provider of integrated micro-drive and drive system solutions, primarily serving high-growth industries such as smart automobiles, robotics, consumer technology, medical technology, and advanced industrial manufacturing [4]. - The company was listed on the A-share market on December 4, 2020, and as of November 21, 2025, it has a total market capitalization of approximately RMB 24.7 billion [4]. - According to a report by Frost & Sullivan, Zhaowei Electromechanical ranked first in China and fourth globally in terms of revenue in 2024 [4]. IPO Details - The company submitted its prospectus to the Hong Kong Stock Exchange on June 18, 2025, with joint sponsors being China Merchants Securities International and Deutsche Bank [4].

Group 1 - The total order amount for UBTECH's Walker series humanoid robots is expected to exceed 630 million yuan by 2025, indicating strong market demand and growth potential in the humanoid robotics sector [1] - Shenzhen has seen multiple humanoid robotics companies reporting business successes, contributing to the city's ambition to become a hub for humanoid robotics [1][3] - The development of humanoid robots in Shenzhen is closely linked to the emphasis on standardization, which enhances collaboration and efficiency among enterprises [3] Group 2 - Shenzhen has proposed to build a global AI pioneer city, creating a favorable environment for the growth of the embodied robotics industry, with a focus on establishing a standard system in key areas [3][4] - UBTECH has participated in drafting over 40 national and industry standards related to intelligent robots and AI, leveraging this experience to contribute to humanoid robot standards [4] - The establishment of national standards for gear systems by Zhaowei Electromechanical has helped domestic companies reduce trial and error costs in technology development [6] Group 3 - The Shenzhen AI Industry Association is actively working on a standard system for intelligent perception and motion control, aiming to create internationally influential group standards in key areas [6] - Shenzhen has gathered over 70,000 companies in the robotics industry chain, forming a complete ecosystem that covers core components, manufacturing, application scenarios, and industry services [6] - The high standards set by Shenzhen are driving the quality development of the humanoid robotics industry, moving from concept to large-scale application in various scenarios [6]

Core Viewpoint - Shenzhen Zhaowei Electromechanical Co., Ltd. is planning to issue up to 69,058,450 overseas listed ordinary shares and list on the Hong Kong Stock Exchange, with joint sponsors being CMB International and Deutsche Bank [1][2]. Company Overview - Zhaowei Electromechanical is an integrated provider of micro transmission and drive system solutions, targeting high-growth industries such as smart vehicles, embodied robotics, consumer technology, medical technology, and advanced industrial manufacturing [4]. - The company has developed a "1+1+1" collaborative innovation system comprising transmission systems, micro motor systems, and electronic control systems to meet the high demands for system integration, response speed, and space utilization efficiency in the era of digital intelligence [4]. - By deeply integrating these three systems, the company achieves high-performance drive control in a compact size, catering to the increasingly stringent market demands for precision, miniaturization, and intelligence [4]. - Zhaowei Electromechanical has launched three major platform-based proprietary brand products: high-performance servo motor series, drum motors, and dexterous hands, covering high-potential industries such as high-end smart consumer products, advanced manufacturing, and humanoid robots [4]. - According to a Frost & Sullivan report, the company ranks first in China and fourth globally in terms of revenue [4].

Core Viewpoint - The company, Zhao Wei Electric, is in the process of applying for the issuance of overseas listed foreign shares (H shares) and plans to list on the main board of the Hong Kong Stock Exchange [1] Group 1 - The company has recently received a notification from the China Securities Regulatory Commission regarding the filing for overseas issuance and listing [1] - The issuance is subject to approval from relevant regulatory bodies, including the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange, indicating that there are uncertainties involved in the process [1]

Core Viewpoint - Shenzhen Zhaowei Electromechanical Co., Ltd. is in the process of applying for the issuance of overseas listed foreign shares (H shares) and listing on the main board of the Hong Kong Stock Exchange, having received a notice from the China Securities Regulatory Commission (CSRC) regarding the registration for overseas issuance and listing [1][2]. Group 1 - The company plans to issue no more than 69,058,450 overseas listed ordinary shares for listing on the Hong Kong Stock Exchange [1]. - The company must report any significant events to the CSRC through the registration management information system from the date of the notice until the completion of the overseas issuance and listing [1]. - Within 15 working days after the completion of the overseas issuance and listing, the company is required to report the issuance and listing situation to the CSRC [1]. Group 2 - If the company does not complete the overseas issuance and listing within 12 months from the date of the notice, it must update the registration materials if it intends to continue [2]. - The notice confirms the registration information for the company's overseas issuance and listing but does not imply any substantive judgment or guarantee regarding the investment value of the company's securities or investor returns by the CSRC [2]. - The company still needs to obtain approvals from the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange, indicating that there are uncertainties regarding this matter [2].

深圳市兆威机电股份有限公司（以下简称"公司"）正在进行申请发行境外上市外资股（H股）并在香港 联合交易所有限公司（以下简称"香港联合交易所"）主板挂牌上市（以下简称"本次发行"）的相关工 作，公司于近日收到中国证券监督管理委员会（以下简称"中国证监会"）出具的《关于深圳市兆威机电 股份有限公司境外发行上市备案通知书》（国合函〔2025〕2074号）（以下简称"备案通知书"）。备案 通知书主要内容如下： 一、公司拟发行不超过69,058,450股境外上市普通股并在香港联合交易所上市。 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：003021 证券简称：兆威机电 公告编号：2025-053 深圳市兆威机电股份有限公司 关于发行境外上市外资股（H股）获得中国证监会备案的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 备案通知书仅对企业境外发行上市备案信息予以确认，不表明中国证监会对公司证券的投资价值或者投 资者的收益作出实质性判断或者保证，也不表明中国证监会对公司备案材料的真实性、准确性、完整性 作出保证或者认定。 公司本次发行尚需取得香港证券 ...

Group 1 - The China Securities Regulatory Commission (CSRC) disclosed that two companies have recently obtained approval for overseas issuance and listing [1] - The companies are Maiwei (Shanghai) Biotechnology Co., Ltd. and Shenzhen Zhaowei Electromechanical Co., Ltd. [1] - Maiwei Biotechnology plans to issue no more than 62,664,600 overseas listed ordinary shares and list on the Hong Kong Stock Exchange [1] - Zhaowei Electromechanical plans to issue no more than 69,058,450 overseas listed ordinary shares and also list on the Hong Kong Stock Exchange [1]

证券代码：003021 证券简称：兆威机电 公告编号：2025-053 深圳市兆威机电股份有限公司 关于发行境外上市外资股（H 股）获得中国证监会备案的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 三、公司完成境外发行上市后 15 个工作日内，应通过中国证监会备案管理 信息系统报告发行上市情况。公司在境外发行上市过程中应严格遵守境内外有关 法律、法规和规则。 四、公司自备案通知书出具之日起 12 个月内未完成境外发行上市，拟继续 推进的，应当更新备案材料。 备案通知书仅对企业境外发行上市备案信息予以确认，不表明中国证监会对 公司证券的投资价值或者投资者的收益作出实质性判断或者保证，也不表明中国 证监会对公司备案材料的真实性、准确性、完整性作出保证或者认定。 公司本次发行尚需取得香港证券及期货事务监察委员会和香港联合交易所 等相关监管机构、证券交易所的批准、核准，该事项仍存在不确定性。公司将根 据该事项的进展情况依法及时履行信息披露义务，敬请广大投资者注意投资风险。 1 特此公告。 深圳市兆威机电股份有限公司 深圳市兆威机电股份有限公司（以下简称"公司" ...

兆威机电公告称，公司申请发行境外上市外资股（H股）并在港交所主板上市，近日收到中国证监会备 案通知书。公司拟发行不超69,058,450股境外上市普通股并在港交所上市。自通知书出具日至发行结束 前，若发生重大事项需报告；完成发行上市后，应报告发行情况。本次发行尚需取得港证监会和港交所 等批准，存在不确定性。 ...

Macro Dynamics - The National Internet Information Office and the Ministry of Public Security have released a draft for public consultation regarding the "Regulations on Personal Information Protection for Large Internet Platforms," which mandates that personal information collected within China must be stored domestically [2][3] - The draft encourages large internet platform service providers to innovate in technologies, products, and services related to personal information protection and to participate in the formulation of international standards and rules for personal information protection [3] Market Data - The Nasdaq Composite Index rose by 0.88% on November 21, with major tech stocks showing mixed results; Oracle fell over 5%, while Google and Intel rose over 3% and 2% respectively [11] - The Nasdaq China Golden Dragon Index increased by 1.23%, with notable gains from NIO, Bilibili, and Li Auto [12] Company Dynamics - China Energy Construction Group has appointed Ni Zhen as the new Party Secretary and Chairman, replacing his previous role as General Manager [13] - Jiangsu Railway Group has appointed Ma Tengfei as the new Party Secretary and Chairman, marking a significant leadership change [14][15] - Meituan announced the establishment of "Rider Apartments" nationwide, providing rental subsidies to riders to ensure their rent remains below market levels [16] - Shenzhen Zhaowei Electromechanical Co., Ltd. and Maiwei (Shanghai) Biotechnology Co., Ltd. have received approval from the China Securities Regulatory Commission for their IPOs in Hong Kong [17]