StoryFunding
EACON Group lists on Hong Kong Stock Exchange in world's first autonomous mining IPO
EACON GroupEACON Autonomous Mining Haulage
EACON Group (stock code 07687.HK) completed an initial public offering on Hong Kong Stock Exchange on July 8, 2026, becoming the world's first publicly listed autonomous mining company. The IPO raised approximately HK$2.30 billion (US$293M) with a market capitalisation of HK$13.0 billion at listing, attracting cornerstone investors including Zijin Mining, XCMG, Fidelity International, and J.P. Morgan.
- IPO raised HK$2.30 billion (approximately US$293M) with final price HK$87.92 per share
- Market capitalisation at listing: HK$13.0 billion (~USD 1.67 billion)
- Stock code 07687.HK; 11 cornerstone investors including Zijin Mining and XCMG
- Company operated 2,580 autonomous trucks across 30 mines with 55.5% market share in China