Founded in 2016, Hai Robotics specializes in autonomous case-handling robots that retrieve containers from warehouse racks. The company’s HaiPick Climb system, introduced in 2025, features robots that ascend racks using guide channels, allowing for higher storage density and narrower aisles in existing facilities.
The company reported revenue of RMB 2.02 billion in 2025 and RMB 1.12 billion in the first half of 2026, marking a 70% increase compared to the previous year. Gross margins improved from 16% in 2023 to 34.4% in the first half of 2026, though the firm remains loss-making.
International expansion is a key growth driver, with overseas revenue accounting for 50.2% of the total in the first half of 2026. As of August 2026, over 10,000 HaiClimber robots have been contracted across 12 countries, with notable clients including Panasonic, Arvato, ITOCHU, and ANTA.
Hai Robotics is currently pursuing a Hong Kong listing with Goldman Sachs and CITIC Securities acting as joint sponsors. The company expects to remain in a net loss position for 2026 as it continues to invest in global sales, marketing, and project implementation.
