U Tree Technology IPO imminent? Investors: Prefer to list on A-share market.

Yushu Technology recently completed a Series C financing round, with funds from the mobile fund, Tencent, Jinqiu, Alibaba, Ant Financial, and Geely Capital. Informed sources revealed that the fundraising scale of this round is approximately 700 million RMB, with a post-financing valuation of Yushu Technology reaching about 12 billion RMB. This financing round may be the last round before Yushu's IPO, with a lower possibility of another round of financing before listing. It is reported that currently, Yushu Technology and its investors are actively advancing the IPO process, with the first choice being a listing on the A-share market, followed by Hong Kong. This year, Yushu Technology, riding the wave of AI, has become a leading company in quadruped robots and humanoid robots nationwide.