Direct Drive Technology

Direct Drive Technology is a robotics company centered on direct-drive technology that mainly sells robot power modules in China, followed by robots. Its gearless direct-drive approach couples motors directly with loads to avoid the noise, loss and latency inherent in traditional gear transmission, making it the leading direct-drive power module supplier for consumer robots in China with a 61.1% market share on 2025 revenue. Incubated at Li Zexiang's XbotPark robotics base, the company listed on the Main Board of the Hong Kong Stock Exchange on September 29, 2026 under the ticker 6731.HK as a Chapter 18C specialist technology company, offering 50 million H shares at HK$21.6 each and raising HK$1.08 billion in gross proceeds. The stock closed its first trading day at HK$23.20, giving a market capitalization of about HK$8.57 billion.