# Benmo Technology shares up over 50% since listing; profitability pressure and price-cut concerns remain unresolved

- Source: OFweek Robotics
- Published: 2026-10-15T03:55:00.000Z
- RoboHot: https://robohot.news/en/items/ziqjbhq184x8c77xu9nfbwr17
- Original: https://robot.ofweek.com/2026-10/ART-8321201-12003-30707243.html

## Summary

Benmo Technology listed on the Hong Kong Stock Exchange Main Board on September 29, rising 7.41% to HK$23.2 that day and closing at HK$32.5 on October 14, up more than 50% from its HK$21.6 IPO price. The article reviews the technical advantages of its two direct-drive motor series, M6 and M15, and prospectus data: 2025 revenue of 282 million yuan, 97.4% from power modules. It also notes four pressures, including widening losses and the average selling price of direct-drive power modules falling from 77 yuan to 32 yuan, and argues that the second half, in which the company must prove it can turn a profit, has only just begun.