Yifei Technology
翼菲科技
Yifei Technology (翼菲科技, 06871.HK) is a Chinese industrial robotics and automation company founded in 2012 by Zhang Sai, a Tsinghua graduate who later studied at Columbia University before returning to China . The company went public on the Hong Kong Stock Exchange on May 18, 2026, becoming the first light-industry full-category robotics enterprise listed under Chapter 18C of the HKEX Listing Rules .
The company operates through two main arms: Yifei Robot (翼菲机器人), which focuses on standardized robot products, and Yifei Automation (翼菲自动化), which handles customized integration projects . Its robots have been deployed across over a thousand light-industry scenarios spanning 3C electronics, pharmaceuticals, food, semiconductors, and auto parts, with clients including BYD, Lens Technology, Unilever, and East Paper .
Yifei has been backed by FreeS Fund (峰瑞资本), which invested in 2016 and counts the IPO as its third Hong Kong listing of 2026 . In 2025, the company launched embodied-intelligence robotics R&D, targeting flexible assembly and soft-material handling—tasks that traditional industrial robots struggle with—rather than replicating existing capabilities like box-moving or screw-driving .
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Coverage
Congratulations to "Yifei Technology" on its listing on the Hong Kong Stock Exchange — FreeS Fund's third Hong Kong IPO of 2026.
"All Spark" — the "spark source" from *Transformers*
Zhang Sai's 13-Year Oral History of Robotics Entrepreneurship: The Rise and Fall of the "Big Four," Grinding It Out to the End, and Betting on Embodied AI and Global Expansion
Embodied AI doesn't need to reinvent the wheel for industrial robots.
The Busier the Robotics Race Gets, the More We Need to Respect the Fundamentals | Li Feng Column
The Hype, Patterns, and Non-Consensus of Robotics Investing
From One-Tenth to One-Third Market Share: How Did Domestic Industrial Robots Break Through? | FreeS Fund Dialogue
The Past, Present, and Future of Domestic Industrial Robots
The 6 Questions Young People Care About Most: We Asked 17 Founders | FreeS Fund Youth Festival & Graduation Season Special
Passion and conviction are what carry you through the darkness.




