SIASUN(SZ:300024) Nan Fang Du Shi Bao·2025-09-02 09:28Group 1 - The company, Yushu Technology, is actively preparing for its initial public offering (IPO), expected to submit the IPO application between October and December 2025 [2] - The company's revenue is derived from three main product categories: quadruped robotic dogs (65%), humanoid robots (30%), and components (5%) [2] - Approximately 80% of the quadruped robotic dogs are utilized in research, education, and consumer sectors, while the remaining 20% are applied in industrial fields such as inspection and firefighting [2] Group 2 - The company has emphasized its commitment to being a civilian robotics company focused on high-performance general-purpose robots for various applications in the civilian sector [2] - After completing its shareholding reform in late May, Yushu Technology began its listing guidance in mid-July, with CITIC Securities serving as the advisory institution [2] - The founder and actual controller, Wang Xingxing, holds a direct stake of 23.8216% in the company and controls an additional 10.9414% through a partnership, totaling 34.7630% [2] Group 3 - Wang Xingxing views the IPO as a significant milestone in the company's journey towards more mature operations and a way to account for the company's development over the past nine years [3] - Since 2018, Yushu Technology has been expanding into overseas markets, with an average of 50% of its revenue coming from international sales in recent years [3] - The company predicts that the global shipment of humanoid robots is expected to double annually in the coming years [3]