Estun Automation
Native name | 南京埃斯顿自动化股份有限公司 |
|---|---|
| Company type | Public |
| SZSE: 002747 SEHK: 2715 | |
| Industry | Robotics |
| Founded | March 1993 |
| Founder | Wu Bo |
| Headquarters | Nanjing, Jiangsu, China |
Key people | Wu Bo (Chairman) Wu Kan (President) |
| Revenue | CN¥4 billion (2024) |
| CN¥−817 million (2024) | |
| Total assets | CN¥10.14 billion (2024) |
| Total equity | CN¥1.89 billion (2024) |
| Website | www |
Estun Automation (Chinese: 埃斯顿自动; pinyin: Āisīdùn zìdòng) is a publicly listed Chinese company that engages in the provision of industrial robot solutions.
According to Frost & Sullivan, Estun has ranked first in terms of shipments among domestic enterprises in the Chinese industrial robot solutions market for many years.[1][2]
Background
In 1993, Estun was founded in Nanjing, Jiangsu by Wu Bo, a former lecturer at Nanjing Forestry University who later worked at the Jiangsu Machinery & Equipment Import & Export Corporation.[1][2][3]
Estun originally focused on computer numerical control systems for machine tools and then moved to industrial robots.[4][3] It entered the industrial robot space in 2012.[3]
In 2015, Estun held its initial public offering becoming a listed company on the Shenzhen Stock Exchange.[1][3]
In 2016, Estun acquired a 20 percent stake in Euclid, an Italian 3D vision technology company.[3][4]
In 2017, Estun acquired UK motion controller firm Trio for £15 million as well as German company M.A.i for €8.87 million. It also acquired a minority interest in Barrett Technology for $9 million.[3][4]
In 2020, Estun completed the acquisition of a 32.5% stake in German welding robotic company CLOOS.[3][4]
In June 2025, Estun applied for a secondary listing on the Hong Kong Stock Exchange although its initial application lapsed. It made a second attempt in January 2026.[1] In March 2026, Estun was listed on the Hong Kong Stock Exchange.[5]
References
- ^ a b c d ""工业机器人一哥"埃斯顿二度闯关港交所". China Business Journal. 20 January 2026.
- ^ a b "36Kr Global · Industry: Chinese Industrial Robots - Evolving from Made in China to Made for Global". 36Kr. 30 July 2025. Retrieved 27 February 2026.
- ^ a b c d e f g "The Robot Renaissance — China Investment, Global implications" (PDF). Bernstein Research. Archived (PDF) from the original on 15 February 2026. Retrieved 27 February 2026.
- ^ a b c d Atkinson, Robert D. (11 March 2024). "How Innovative Is China in the Robotics Industry?". Information Technology and Innovation Foundation. Archived from the original on 27 January 2026. Retrieved 27 February 2026.
- ^ "War fallout hits debuts of three IPOs in Hong Kong - RTHK". news.rthk.hk. Retrieved 15 March 2026.