Congratulations to Direct Drive Tech on Its Listing on the Hong Kong Stock Exchange Today! | 5Y News
Robot Powertrains Enter the Direct-Drive Era — No Gearboxes Required
On September 29, Direct Drive Dynamics (Beijing) Technology Co., Ltd. (hereinafter referred to as "Direct Drive Tech," 06731.HK) officially listed on the main board of Hong Kong Exchanges and Clearing Limited.
On its first trading day, Direct Drive Tech opened at HK$22.48, up 4.07% from its IPO price of HK$21.6, giving it a market cap of HK$8.308 billion — carrying forward the momentum of over 200x oversubscription during its book-building phase.
From left: Kai Liu, Partner at 5Y Capital; Di Zhang, Founder of Direct Drive Tech; and Bo Zhang, Managing Director at 5Y Capital
Direct Drive Tech is a robotics technology company built around direct-drive technology. By having motors output torque directly — eliminating the reducer stage found in conventional powertrain solutions — the company supplies direct-drive power modules for robots and has extended its technology applications to complete robot systems.
From R&D to mass production, Direct Drive Tech has established a commercial foundation in the consumer robotics sector. According to Frost & Sullivan data cited in the company's prospectus, in 2025, Direct Drive Tech shipped 8.5 million sets of robot direct-drive power modules, a more than 45-fold increase from 2023.
By the end of 2025, Direct Drive Tech had established partnerships with four of the world's top ten consumer robotics providers by revenue. The scaled deployment of its power modules has provided a foundation for the company to continue advancing technology iteration and product commercialization.
Beyond power modules, Direct Drive Tech is also expanding into complete robot systems, having successively released Xingtian, TITA, and D1 — wheeled-legged robots — while exploring modular assembly robots and swarm control of wheeled-legged robots.
As robotics application scenarios continue to expand, power system performance, structure, and cost have become critical considerations in product development. Direct-drive technology offers a distinct technical pathway for robot power systems, and Direct Drive Tech will see growing opportunities for application and commercialization.
Congratulations to Direct Drive Tech on its listing on Hong Kong Exchanges and Clearing Limited. We look forward to the team using this milestone as a new starting point to continue advancing the R&D and application of direct-drive technology and robotics products.
