SIASUN(SZ:300024) Xin Lang Cai Jing·2026-01-05 04:38Core Viewpoint - Yushu Technology has showcased its humanoid robot H2's advanced capabilities, including aerial side kicks and spinning kicks, which have garnered significant attention, particularly due to the founder's reaction during the demonstration [1][3][10]. Product Development - The H2 robot, released in October last year, features 31 high-degree-of-freedom joints and a hybrid hydraulic and motor drive system, allowing for explosive movements and precise control [5][12]. - Yushu Technology's product lineup includes quadruped robots, humanoid robots, and dexterous robotic arms, with the consumer-grade humanoid robot G1 priced from 99,000 yuan and the lighter R1 starting at 29,900 yuan [5][12]. Market Position and Growth - Yushu Technology is experiencing rapid growth, with projected revenue exceeding 1 billion yuan for 2024, as stated by the founder at the Summer Davos Forum [7][14]. - The company has maintained profitability annually since 2020, according to early investors [7][14]. Retail Expansion - The company plans to open its first physical store in Beijing, where customers can experience and purchase robots directly [7][14]. IPO Status - Yushu Technology began its IPO counseling in July last year, with CITIC Securities as the advisory firm [7][14]. - The founder holds a 34.763% stake in the company, combining direct ownership and control through a partnership [7][14]. - There were rumors regarding the suspension of the "green channel" for the IPO, which the company has denied, asserting that its IPO process is proceeding normally [7][14][15].