宇树对手也要上市了

Core Viewpoint - Hangzhou Yundongchu Technology Co., Ltd. (referred to as "Yundongchu") has initiated its IPO guidance, with CITIC Construction Investment Securities serving as the advisory institution, marking it as the third company among the "Six Little Dragons of Hangzhou" to pursue an IPO after Qunhe Technology and Yushut Technology [4][12]. Company Background - Founded in 2017 by Zhejiang University alumni Zhu Qiuguo and Li Chao, Yundongchu aims to bring robots out of the laboratory and into everyday life, with its first quadruped robot launched within a year of establishment [5][6]. - The company’s name is inspired by a Tang dynasty poem, reflecting its vision of making intelligent robots accessible to households [7]. Product Development - Yundongchu's first-generation quadruped robot, "Jueying," was introduced but faced technical limitations initially. A significant breakthrough occurred in 2020 when Southern Power Grid engaged the company for inspection tasks using robots [8]. - In 2021, the "Jueying X20" was launched, achieving IP66 protection level, making it the first quadruped robot suitable for industrial applications in China, with costs significantly lower than similar products from Boston Dynamics [8]. Market Expansion - The company has expanded its product line to include humanoid robots and wheeled robots, with plans to launch the humanoid robot "Dr.01" in 2024 and the wheeled robot "Shanmao M20" in 2025, targeting complex terrain applications [10]. - Yundongchu has successfully implemented over 600 industry projects across various sectors, including energy, emergency services, security, education, construction, and entertainment [10]. Investment and Financing - Yundongchu has attracted significant investment, completing multiple funding rounds since its inception, including a recent C round financing exceeding 500 million yuan, led by Zhaoshang International and Huaxia Fund [12]. - The company has also completed a Pre-IPO round financing recently, indicating its readiness for public listing [12]. Industry Context - The rise of Yundongchu is part of a broader trend among Zhejiang University alumni, with several companies from the "Zhejiang University system" gaining attention in the venture capital space and contributing to the innovation narrative in China [13][15]. - The entrepreneurial spirit fostered by Zhejiang University, particularly through its Zhi Ke Zhen College, has led to a high rate of startup formation among its graduates, creating a robust ecosystem for innovation and investment [15][16].