Yushu Technology's Sci-Tech Innovation Board IPO registration submitted, humanoid Siasun Robot & Automation's shipment volume ranks first worldwide.

On June 2nd, Yushu Technology Co., Ltd. (referred to as Yushu Technology) applied for the registration status of the Science and Technology Innovation Board (STAR Market) of the Shanghai Stock Exchange to be changed to "registration submitted." CITIC SEC is its sponsor institution, and it plans to raise 4.202 billion yuan. The prospectus shows that Yushu Technology is a world-renowned and internationally leading high-performance general-purpose Siasun Robot & Automation company, focusing on the research, development, production, and sales business of high-performance general-purpose humanoid Siasun Robot & Automation, quadruped Siasun Robot & Automation, Siasun Robot & Automation components, and embodied intelligent model. During the reporting period, the company's main business income was mainly composed of quadruped Siasun Robot & Automation and humanoid Siasun Robot & Automation. With the core technology of general-purpose Siasun Robot & Automation independently developed by stack, the company continuously enriches its product matrix and leads the innovation and industrialization of the high-performance general-purpose Siasun Robot & Automation industry. It has obtained a major market share in the global markets of quadruped Siasun Robot & Automation and humanoid Siasun Robot & Automation, especially gaining high visibility and market share in overseas markets. The company was the first to achieve public sales and industry landing of high-performance quadruped Siasun Robot & Automation globally. In recent years, global sales of high-performance general-purpose humanoid Siasun Robot & Automation and quadruped Siasun Robot & Automation have maintained a leading position. Humanoid and quadruped Siasun Robot & Automation are widely used by many well-known universities, research institutions, technology companies, and global developers both domestically and internationally, especially recognized in overseas markets. During the reporting period, the company's total sales of quadruped Siasun Robot & Automation exceeded 33,000 units, establishing its dominant position in the global quadruped Siasun Robot & Automation market. In 2025, the company's humanoid Siasun Robot & Automation shipments exceeded 5,500 units (pure humanoid, excluding wheeled dual-arm Siasun Robot & Automation), ranking first in global shipments. While continuously researching and iterating the humanoid Siasun Robot & Automation and quadruped Siasun Robot & Automation body products, the company has fully researched and developed core models algorithms of intelligent entities, reinforcement learning, motion control, heat dissipation management, energy management, intelligent systems such as motor drive, and high-performance motors, reducers, agile hands, laser radar, sensors, and various Siasun Robot & Automation core components. In terms of application scenarios, the company's general-purpose Siasun Robot & Automation has achieved large-scale applications in numerous industries and consumer markets. On the one hand, the company has promoted the expansion and application of general-purpose Siasun Robot & Automation in inspection, exploration, firefighting, rescue, and public services globally, providing more efficient, safe, and intelligent solutions for industries such as energy and chemical, intelligent firefighting, and smart cities. On the other hand, with the "high-performance + high cost-effective" strategy, the company has extensively covered the research and consumer markets of general-purpose Siasun Robot & Automation, promoting its application in fields such as scientific research, education, cultural performances, and intelligent services, and gaining a leading market share in the industry. Financially, in 2023, 2024, and 2025, Yushu Technology's operating income was approximately 159 million yuan, 393 million yuan, and 1.699 billion yuan respectively. During the same period, the net profits were approximately -11.1451 million yuan, 95.4747 million yuan, and 278 million yuan respectively. Based on the current operating conditions and market environment of the company, the main financial data for the period from January to June 2026 is estimated as follows: