Investors: Yushu Technology may seek an IPO on the Science and Technology Innovation Board.

According to investors related to Yushu Technology, Yushu Technology plans to IPO on the Sci-Tech Innovation Board in the future. On May 29, 2025, Yushu Technology announced that Hangzhou Yushu Technology Co., Ltd. had changed its name to "Hangzhou Yushu Technology Limited Company" due to the company's development needs. At that time, the media reported that this move by Yushu Technology could be seen as completing a stock reform. As for why the name was changed, it is believed by outsiders that it may be to pave the way for the IPO. Yushu Technology had responded that "this is a routine change in the company's operations." According to previous media reports, Yushu Technology completed its Series C financing, with the market estimating the pre-investment valuation of this round to be over 10 billion yuan.