ESTUN Automation Company Profile: History, Acquisitions, Financials and Stock
Updated: Oct 15
ESTUN Automation is a Chinese maker of industrial robots, motion control and CNC systems, listed in Shenzhen and, since March 2026, in Hong Kong. It was founded in Nanjing in 1993 and reported revenue of CNY 4 billion for 2024. This profile sets out its history, acquisitions, results and share data.
ESTUN at a Glance
Fact | Detail |
Company | Estun Automation Co., Ltd. |
Founded | March 1993, by Wu Bo |
Headquarters | Nanjing, Jiangsu, China |
Revenue | CNY 4 billion in 2024 |
Result | Loss of CNY 817 million in 2024; profit of CNY 35 to 50 million expected for 2025 |
Stock listings | Shenzhen: 002747; Hong Kong: 2715 |
Market capitalization | About USD 3.9 billion in October 2026 |
Company History
Wu Bo, a former lecturer at Nanjing Forestry University, founded ESTUN in 1993 to make numerical control systems for metal-forming machines. The company entered the industrial robot market in 2012 and listed in Shenzhen in 2015. It then bought its way into core technologies abroad: the British motion control firm Trio in 2017 and a stake in the German welding robot maker Cloos in 2020.
Key milestones
1993: Founded in Nanjing.
2012: Enters industrial robots.
2015: Listed on the Shenzhen Stock Exchange.
2017: Trio Motion acquired.
2020: Stake in Cloos acquired.
June 2025: First Hong Kong listing application, which lapsed.
March 9, 2026: Shares begin trading in Hong Kong.
Acquisitions and Investments
Year | Company | Detail |
2016 | Euclid | 20% stake in an Italian 3D vision company |
2017 | Trio Motion | British motion controller maker, for GBP 15 million |
2017 | M.A.i | German automation company |
2017 | Barrett Technology | Minority interest |
2020 | Cloos | German welding robot maker; purchase of a 32.5% stake completed |
Financial Performance
Period | Revenue | Net result |
2024 | CNY 4 billion | Loss of CNY 817 million |
2025 | Profit of CNY 35 to 50 million expected | |
First half of 2026 | CNY 2.58 billion, about flat | Profit of CNY 161 million |
ESTUN swung from a large loss in 2024 to a small profit in 2025. Part of the first-half 2026 profit came from a fair value gain of about CNY 100 million linked to an asset restructuring, so the underlying improvement is smaller than the headline suggests.
Hong Kong Listing
Item | Detail |
First trading day | March 9, 2026 |
Offer price | HKD 15.36, the bottom of the indicated range |
Shares sold | 96.78 million |
Net proceeds | HKD 1.41 billion |
First-day trading | Down about 14% by midday |
The proceeds are intended for robot and intelligent manufacturing capacity, research and product upgrades, market expansion in China and abroad, and working capital.
Products
Industrial robots for the automobile, electronics, metal processing and new energy sectors.
Computer numerical control systems for machine tools.
Motion controllers, through Trio.
Intelligent manufacturing equipment and systems.
ESTUN product reviews on All Things Cobots
Stock Information
Item | Detail |
Listings | Shenzhen: 002747; Hong Kong: 2715 |
Market capitalization | About USD 3.9 billion in October 2026 |
Share price | Equivalent to about USD 4.05 for the Shenzhen shares |
One-year change | Up about 14% |
Note: share prices are indicative figures as of early October 2026 and change daily. This section is general information, not investment advice.
Strengths and Challenges
Strengths
Its own motion control and CNC technology alongside robots.
European welding and control know-how from Cloos and Trio.
Fresh capital from the Hong Kong listing.
Challenges
A heavy loss in 2024 and only a thin profit since.
A weak Hong Kong debut.
Price pressure in the Chinese robot market.
Current Catalogue Coverage
Catalogue checked on 15 October 2026: 5 associated product records. The links below are representative entries, rather than a claim that every historical model is currently available.
ESTUN FAQ
Is ESTUN publicly traded?
Yes, in Shenzhen under 002747 and in Hong Kong under 2715.
When was ESTUN founded?
In 1993, in Nanjing, by Wu Bo.
Does ESTUN own Cloos?
It completed the purchase of a 32.5% stake in the German welding robot maker in 2020.
Is ESTUN profitable?
It lost CNY 817 million in 2024 and expected a profit of CNY 35 to 50 million for 2025.
What does ESTUN make?
Industrial robots, CNC systems, motion controllers and intelligent manufacturing equipment.
Sources
Bamboo Works: Estun drops in Hong Kong debut
FilingReader: Estun interim report 2026
Wikipedia: Estun Automation
CompaniesMarketCap: Estun Automation
