Han's Robot (Huayan Robotics) Company Profile: History, Products and Hong Kong Listing
Updated: 7 days ago
Huayan Robotics, known until March 2025 as Han's Robot, is a Guangdong maker of collaborative robots best known for the Elfin series. It listed on the main board of the Hong Kong Stock Exchange in March 2026. This profile sets out its history, products and listing.
Huayan Robotics at a Glance
Fact | Detail |
Company | Guangdong Huayan Robotics Co., Ltd. |
Former brand | Han's Robot, until March 2025 |
Bases | Production and R&D in Foshan and Shenzhen, Guangdong |
Offices | Tianjin, Wuxi, Chengdu, Germany and the United States |
Customers | In more than 40 countries and regions |
Stock listing | Hong Kong Stock Exchange: 1021, since March 2026 |
Market value at listing | About USD 1.11 billion |
Company History
The company released its first-generation Elfin collaborative robot in 2017 and raised three venture rounds between 2020 and 2021. It moved into a new manufacturing base in 2022 and launched the Elfin-Pro series and its S series of heavy-payload robots in 2023. In March 2025 it took the name Huayan Robotics, and a year later it went public in Hong Kong.
Key milestones
2017: First-generation Elfin cobot.
September 2020: Series A financing.
June and December 2021: Series B and B+ financing.
October 2022: Global Intelligent Manufacturing Base in use.
March 2023: Elfin-Pro series launched.
2023: S series heavy-payload robots launched.
June 2024: Elfin-Pro wins iF Design and Red Dot awards.
March 2025: Renamed Huayan Robotics.
March 2026: Listed in Hong Kong.
April 2026: Seven-axis humanoid arm series launched.
Products
Product | Description |
Elfin and Elfin-Pro | Collaborative robots, the core range |
S series | Heavy-payload collaborative robots, including the S50 |
Elfin-Ex | Explosion-proof cobot |
Echo and HY series | Seven-axis arms for humanoid robots |
STAR | Mobile manipulator |
Core components | Humanoid joint modules, frameless torque motors and axial flux motors |
The company serves industrial manufacturing, consumer electronics, healthcare and automotive logistics, and makes its own core motion components.
The Hong Kong Listing
Item | Detail |
Listing date | March 30, 2026 |
Stock code | 1021 |
Shares offered | 80.79 million H shares |
Offer price | HKD 17.00 |
Proceeds | About HKD 1.37 billion |
Cornerstone investors | HHLR Advisors and GF Management, with Morgan Stanley and others |
Proceeds are intended for research and development, production capacity, brand promotion, business development, working capital and possible acquisitions.
Note: this section is general information, not investment advice.
Strengths and Challenges
Strengths
Its own motors and joint modules.
A range that extends to heavy payloads and explosion-proof models.
Fresh capital and customers in more than 40 countries.
Challenges
Intense competition among Chinese cobot makers.
A new brand name to establish outside China.
Current Catalogue Coverage
Catalogue checked on 15 October 2026: 6 associated product records. The links below are representative entries, rather than a claim that every historical model is currently available.
Huayan Robotics FAQ
Is Han's Robot the same company as Huayan Robotics?
Yes. The company was renamed Huayan Robotics in March 2025.
Is Huayan Robotics publicly traded?
Yes, on the Hong Kong Stock Exchange under the code 1021, since March 2026.
What does Huayan Robotics make?
Elfin and Elfin-Pro collaborative robots, S series heavy-payload robots, explosion-proof cobots, humanoid arms and core motion components.
Where is Huayan Robotics based?
Its production and research bases are in Foshan and Shenzhen, in Guangdong.
How much did Huayan Robotics raise in its IPO?
About HKD 1.37 billion.
Sources
Huayan Robotics: about
IPOX: Huayan Robotics
