宇树科技IPO新进展：辅导工作已完成

Core Viewpoint - Yushu Technology has made significant progress towards its IPO, with the completion of its listing guidance work reported by CITIC Securities, indicating that the company is now in the "guidance acceptance" stage [1][4]. Group 1: IPO Progress - CITIC Securities submitted a report on the completion of the IPO guidance work for Yushu Technology on November 10 [1]. - The guidance process identified two main issues: the initial lack of a finalized fundraising plan and the absence of independent directors and specialized board committees [3]. - The guidance team assisted Yushu Technology in establishing a comprehensive corporate governance structure, including the appointment of three independent directors and the formation of various board committees [3]. Group 2: Company Background - Yushu Technology, founded on August 26, 2016, focuses on the research and development of high-performance quadruped and humanoid robots, with products including the Laikago and Aliengo series [6]. - The company gained significant attention earlier this year when its humanoid robot performed on a popular television show, leading to increased market interest [6]. Group 3: Future Plans - Yushu Technology plans to apply for an IPO on the Sci-Tech Innovation Board, with expectations to submit documents between October and December 2025 [7]. - The company recently changed its name from "Hangzhou Yushu Technology Co., Ltd." to "Yushu Technology Co., Ltd." and appointed Wang Xingxing as chairman [7]. Group 4: Strategic Investment - CITIC Securities has shown a strong commitment to Yushu Technology, assigning 28 staff members to the IPO guidance project, reflecting the importance placed on this initiative [8]. - CITIC Securities also holds a 0.3878% stake in Yushu Technology through its wholly-owned subsidiary [9].