宇树科技IPO辅导“通关”，四个月跑完上市前哨战

Core Viewpoint - Yushu Technology Co., Ltd. is accelerating its path to the capital market with plans to apply for an IPO in China, having achieved annual revenue exceeding 1 billion yuan and continuous profitability [1][3][15]. Group 1: IPO Progress - Yushu Technology has completed its IPO counseling work, with CITIC Securities as the counseling institution, confirming that the company has established a sound corporate governance system [3][8]. - The counseling process took four months, starting from July 8 to November 10, indicating a smooth path towards the IPO [4][8]. - The company plans to submit its IPO application documents between October and December 2023, with relevant operational data to be disclosed at that time [6][15]. Group 2: Company Overview - Founded on August 26, 2016, Yushu Technology focuses on the research, production, and sales of consumer and industrial robots, including quadruped robots, humanoid robots, and robotic arms [5][11]. - The company has approximately 1,000 employees and is led by founder Wang Xingxing, who holds a 23.82% stake in the company [5][6]. Group 3: Financial Performance - Yushu Technology's annual revenue has surpassed 1 billion yuan, and it has maintained profitability since 2020 [15][21]. - The company has successfully completed multiple financing rounds, with the latest C round raising nearly 700 million yuan, pushing its valuation to over 12 billion yuan [14][15]. Group 4: Product Portfolio - The company has a diverse product matrix, primarily supported by its quadruped robots and humanoid robots, with the quadruped robots accounting for about 70% of the global market share [18][21]. - Yushu Technology's quadruped robots, such as the Go series, target the consumer market, while the B series focuses on industrial applications [18][19]. - The humanoid robots, H1 and G1, are designed for various applications, with G1 priced at 99,000 yuan, aimed at the consumer and educational markets [19][21]. Group 5: Market Strategy - Yushu Technology has positioned itself well in the market by leveraging over 95% self-developed core hardware and achieving a 60% component reuse rate between its quadruped and humanoid robots [22][23]. - The company has also focused on building a developer ecosystem to support secondary development, enhancing its commercial viability [23][24].