宇树科技完成上市辅导，财务数据披露在即

Core Viewpoint - Yushutech is preparing for an IPO, expected to submit its prospectus between October and December 2025, following a successful listing counseling process that began in mid-July 2023 [3]. Group 1: Company Overview - Yushutech has rebranded by removing "Hangzhou" from its name and is finalizing its IPO preparations [3]. - The company's revenue is derived from three main product categories: quadruped robotic dogs (65%), humanoid robots (30%), and components (5%) [3]. - Approximately 80% of the quadruped robotic dogs are utilized in research, education, and consumer sectors, while the remaining 20% are used in industrial applications [3]. Group 2: Financial Insights - Yushutech's latest funding round (C round) in mid-June raised nearly 700 million yuan, with a post-investment valuation exceeding 12 billion yuan [4]. - The company is expected to provide detailed financial data in its upcoming IPO filing [3]. Group 3: Market Impact - Morgan Stanley's report indicates that Yushutech's IPO could serve as a catalyst for future financing activities in the embodied intelligence sector and establish a valuation benchmark [3]. - An investor noted that Yushutech's successful listing could lead to a significant short-term increase in its market capitalization due to scarcity effects [3]. Group 4: Product Development - Yushutech has recently updated its product lines, launching the G1-D wheeled humanoid robot for data collection and the H2 full-size humanoid robot with a bionic face [4]. - The company plans to introduce a more powerful robotic dog by the end of October 2023 [4].