Yushu Technology has successfully secured financing! Many leading investors such as China Mobile, Tencent (00700), Alibaba (09988), Ant Financial, and others have participated in the funding round.

Yushu Technology has completed financing. According to the "Science and Technology Innovation Board Daily", Yushu recently completed the delivery of the C-round financing that started at the end of last year, with funds from Mobile Fund, Tencent, Jin Qiu, Alibaba, Ant Financial, and Geely Capital as the main investors, and the majority of existing shareholders also participated in the investment. Business data shows that Yushu Technology has completed 9 rounds of financing. In February 2024, it completed nearly 1 billion yuan in Series B2 financing, with participants including Shenzhen Capital, Zhongwang Investment, Rongyi Investment, Weixing Capital, Source Code Capital, Meituan Strategic Investment Department, Zhongxin Jinshi, Borui Zhilian, Junchi Capital, and others. On May 29th, Yushu Technology announced to its partners that, due to the company's development needs, Yushu Technology is now officially named Hangzhou Yushu Technology Co., Ltd. At that time, all businesses of the original company will continue to operate under the new company name, and all contracts signed by the original company remain valid. This means that Yushu Technology has completed its transformation into a joint-stock company, raising speculation about whether it will proceed with the IPO listing in the future. At the 2025 Spring Festival Gala, the humanoid Siasun Robot & Automation H1 from Yushu Technology performed a dance, becoming one of the most eye-catching stages that night and attracting attention from the industry. At the recent Beijing Intelligence Source Conference, Yushu Technology CEO Wang Xingxing stated that whether it's the January Spring Festival Gala or the recent fighting competition, the purpose is to showcase the current development of Siasun Robot & Automation to the public and generate some commercial value. For example, the humanoid Siasun Robot & Automation rental market has been very hot in the first half of the year. According to the "Science and Technology Innovation Board Daily", the humanoid Siasun Robot & Automation is mainly used in areas such as exhibition hall guidance and scientific research education, and there is still some way to go before it reaches the true consumer market for large-scale applications. Wang Xingxing also admitted that it is not quite realistic to let Siasun Robot & Automation do housework directly, but through activities such as dancing and fighting, it can gradually learn various full-body movements to achieve the ultimate goal of liberating human productivity. Wang Xingxing also stated that Yushu Technology's product development is not limited to humanoid Siasun Robot & Automation, but currently, AI is mainly based on human data collection, so Siasun Robot & Automation, which resembles a human, will be easier to train and implement. He believes that when AGI (Artificial General Intelligence) truly arrives, the form of Siasun Robot & Automation will become more diverse. At the end of May, Yushu Technology released a new product poster preview, announcing that the company is about to launch a humanoid Siasun Robot & Automation with 26 degrees of freedom. The price of the new product has not been announced yet, but the price given on the poster by Yushu Technology is "$?000," hinting that the price may be in the thousands of dollars. Previously, Yushu Technology has released two humanoid Siasun Robot & Automation models, H1 and G1. Among them, G1 attracted wide attention both inside and outside the industry due to its ultra-low price of 99,000 yuan. According to the current exchange rate, if the price is in the four-digit US dollars range, the new product that Yushu Technology is about to release is expected to be lower than G1. This article was originally published by Cai Lian Society, GMTEight editor: Chen Wenfang.