New stock news | It is rumored that Yushu Technology's stock reform is nearing completion, and consideration is being given to listing in mainland China or Hong Kong.
The humanoid robot company Hangzhou Unitree Technology Co., Ltd. (Unitree Robotics) is nearing completion of its stock reform and has been renamed "Unitree Technology Co., Ltd.", with an estimated valuation between 10 to 15 billion Chinese yuan.
According to reports, the stock reform of Hangzhou Unitree Robotics Co., Ltd. (Unitree Robotics) owned by Siasun Robot & Automation Co., Ltd. is close to completion and has been renamed "Unitree Technology Co., Ltd.," with an estimated valuation between 10 billion and 15 billion yuan. If it goes public later, it may consider listing in mainland China or Hong Kong.
Insiders revealed that the stock reform of Unitree Technology is nearing completion, and before going public, it may carry out pre-IPO financing. "The new round of financing is still being discussed, and it should be mainly industrial investment with a valuation exceeding 10 billion yuan but less than 15 billion yuan. If it goes public later, both mainland China and Hong Kong stocks will be considered."
It is reported that Unitree Technology has undergone multiple rounds of financing, with investors including Shunwei Capital, Sequoia China, Deep Creation Investment, Weiwei Venture Capital, Rongyi Investment, Beijing Siasun Robot & Automation Industrial Investment Fund, Meituan Dragon Ball, CITIC SEC (06030), and Shanghai Technology Innovation Fund.
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