Industrial robotics and embodied intelligence company Mech-Mind, described in the report as the "first embodied intelligence eye-brain-hand stock," debuted on the Hong Kong Stock Exchange on Sept. 1, 2026. Founder and CEO Shao Tianlan said the listing itself was only one step, adding that what matters more is becoming a public company. He also said he still sees himself as an engineer and spends about half of his time on core technology, application scenarios, and product iteration.
Shao criticized parts of the embodied intelligence sector for relying on data collection centers and industrial projects to generate revenue while lacking sufficient proof of commercialization. He used the phrase "turning the secondary market into the primary market" to describe high-risk companies with business models that have not been fully validated entering public markets too early. In his view, that approach is short-termist and could harm tech entrepreneurship, China’s innovation ecosystem, and the health of capital markets. Shao positioned Mech-Mind as a technology-driven company and said its management principle is to stay factual, avoid exaggeration, and reject falsification. He added that the company aims to become a key general intelligent component provider for the embodied intelligence era, comparable to Microsoft and Siemens in their respective roles. The IPO drew participation from long-term funds and industrial capital, including Baillie Gifford.
According to ChainCatcher, Mech-Mind, an industrial robotics and embodied intelligence company described as the "first embodied intelligence eye-brain-hand stock," listed on the Hong Kong Stock Exchange on Sept. 1, 2026.
Founder and CEO Shao Tianlan said the listing was only an action in itself, and that what really matters is the company becoming a public company. He added that he still considers himself an engineer and spends about half of his time on core technology, application scenarios, and product iteration.
Shao Tianlan on listing timing in embodied intelligence
Shao said some embodied intelligence companies rely on data collection centers and industrial projects to generate revenue, while their commercialization remains insufficiently validated. He used the phrase "turning the secondary market into the primary market" to describe high-risk companies entering public markets before their business models have been fully proven.
He said that approach is driven by short-term gains and would cause significant damage to tech entrepreneurship, China’s innovation ecosystem, and the healthy development of capital markets.
How Mech-Mind is positioning itself
Shao described Mech-Mind as a new technology-driven company. He said its expectation management principles are to stay realistic, avoid exaggeration, and not fabricate, adding that the company hopes to become a key general intelligent component in the embodied intelligence era, similar to the roles Microsoft and Siemens have played.
The IPO attracted participation from multiple long-term funds and industrial capital investors, including Baillie Gifford.
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