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Robot Unicorn Yushu Technology's IPO: 52,000 Yuan per Lot, Sci-Tech Innovation Board Listing Imminent

On August 5, Yushu Technology, a frontrunner in China's humanoid robot sector, kicked off its IPO on the Sci-Tech Innovation Board. The preliminary inquiry ran from 9:30 to 15:00 that day, with the sponsor and lead underwriter simultaneously checking offline investors and handling strategic placement payments. The final issue price and valid bidders will be determined on August 6, followed by online and offline subscription openings on August 10, and the payment deadline on August 12.

Yushu Technology plans to issue 40.4464 million new shares, representing 10% of its post-issue total share capital of 404 million shares. The fundraising target is set at 4.202 billion yuan, and market expectations place the company's valuation above 40 billion yuan. Based on this valuation and the 500-share subscription unit on the Sci-Tech Innovation Board, the estimated issue price is around 104 yuan per share, translating to a subscription amount of approximately 52,000 yuan per lot. However, the actual issue price will be finalized through market inquiries.

As the "first humanoid robot stock" on A-shares, Yushu Technology's listing is a milestone for the embodied intelligence and robotics industry chain. The raised funds, exceeding 4 billion yuan, will significantly boost its capabilities in robot body R&D, breakthroughs in embodied intelligence large models, and capacity building. This move is expected to propel the domestic embodied intelligence sector into a new phase of scale and commercialization.

Key Points

  • IPO Timeline: Preliminary inquiry on August 5, final pricing on August 6, subscriptions on August 10, and payment deadline on August 12.
  • Fundraising: 4.202 billion yuan planned, with 40.4464 million new shares issued.
  • Estimated Price: Around 104 yuan per share, with a lot size of 500 shares costing about 52,000 yuan.
  • Market Impact: Marks the first humanoid robot IPO on A-shares, signaling accelerated growth for embodied intelligence.