宇树科技，拟申请上市

Core Viewpoint - The report from CITIC Securities indicates that Yushu Technology Co., Ltd. has completed its IPO guidance work and is prepared to apply for its initial public offering in China, having established a sound corporate governance structure and met the requirements for listed companies [1][8]. Group 1: IPO Guidance and Corporate Structure - CITIC Securities has been providing guidance to Yushu Technology since July 8, when they submitted the IPO guidance registration materials [4]. - The controlling shareholder of Yushu Technology is Wang Xingxing, who holds 23.82% of the shares directly and controls an additional 10.94% through a partnership, totaling 34.76% [4]. - As of November 10, the report confirms that Yushu Technology has a complete governance structure, accounting practices, and internal control systems necessary for a public company [8]. Group 2: Company Background and Financials - Yushu Technology was founded on August 26, 2016, focusing on the R&D, production, and sales of high-performance general-purpose robots and dexterous robotic arms [8]. - The company reported annual revenue exceeding 1 billion yuan (approximately 142 million USD) and has grown to a workforce of around 1,000 employees [8].