Chinese robotics startup EngineAI has confidentially filed for an initial public offering in Hong Kong, working with China International Capital Corp. and Citic Securities Co. on the potential share sale announced in June 2026 [1]. EngineAI’s filing marks a significant step as it seeks to enter public markets in the region.
Meanwhile, Dreame Technology, a Chinese manufacturer of robotic vacuum cleaners and other smart home appliances, is considering a Hong Kong IPO as soon as next year. The company is working with advisers and could raise several hundred million dollars in the process [2]. Dreame previously explored a US listing in 2024 but now appears focused on Hong Kong for its public debut.
Founded in 2017, Dreame operates more than 4,000 stores globally and produces a broad range of products including robot vacuums, lawn mowers, pool cleaners, air purifiers, and hair stylers [2]. The company raised 3.6 billion yuan in a Series C funding round in 2021 led by Huaxing Growth Capital and CPE Funds Management, fueling its rapid expansion [2].
While reports note EngineAI’s filing is confidential, Dreame has not yet filed but is actively preparing for an IPO.
No public dates have been set for Dreame’s offering, but the company is aiming for a listing in 2027 based on current plans [2]. As of now, EngineAI’s next update will depend on regulatory review in Hong Kong.
The filings by both companies signal growing interest from Chinese robotics firms in tapping Hong Kong’s capital markets to scale their operations and raise funds.