王兴兴，聊宇树科技上市！

Core Viewpoint - The interview with the founder of Yushu Technology highlights the rapid development and competitive landscape of the AI humanoid robot industry, emphasizing the importance of product quality and strategic planning for future growth [2][3][23]. Group 1: Company Strategy and Product Development - Yushu Technology focuses on improving product quality, pricing, and customer experience to compete effectively in both domestic and international markets [2][3]. - The company aims to establish a robust ecosystem around its robots, including rental markets and secondary developers, which requires a significant volume of sales [6]. - The humanoid robot G1 was priced at 99,000 yuan last year, while the new model R1 has dropped to 39,900 yuan, indicating a rapid decrease in pricing to encourage wider adoption [3][4]. Group 2: Technological Advancements and Challenges - The company acknowledges the need for breakthroughs in embodied AI models to enhance the capabilities of robots, which are currently limited by hardware constraints [10][11][15]. - The development of humanoid robots is expected to accelerate in the next 3 to 5 years, with a potential for significant technological advancements [7][9]. - The company is cautious in its investment in AI models, recognizing that smaller teams can sometimes yield better results than larger ones [12][19]. Group 3: Market Expansion and Global Strategy - Approximately 50% of Yushu Technology's revenue comes from international markets, indicating a strong commitment to global expansion [17]. - The company has been focusing on building a comprehensive business chain for overseas applications since 2018, well before the concept gained popularity [17]. - The humanoid robot market is projected to double in annual shipments, with the potential for even greater growth if significant technological breakthroughs occur [22]. Group 4: Future Outlook and IPO Plans - The company is in the process of preparing for an IPO, viewing it as a step towards more mature management and operational practices [23][24]. - The IPO is seen as a way to provide accountability to shareholders and reflect the company's growth over the past nine years [24].