Core Insights - The core viewpoint of the article highlights the significant decline in IPO fundraising in China, with a focus on government policy directing funds towards specific industries such as electric vehicles (EV) and semiconductors, while overall IPO activity remains low compared to previous years [2][4][5]. IPO Fundraising and Activity - In the first nine months of 2023, the total IPO fundraising in mainland China was approximately $10.065 billion, a decrease of 84% compared to the highest fundraising year of 2022, which was $63.346 billion [4]. - The number of IPOs in 2023 was only 75, representing just 20% of the 375 IPOs recorded in the same period of 2021 [4][5]. - The Shanghai Composite Index is currently at a 10-year high, which typically facilitates easier fundraising for companies [4]. Industry Focus - The IPOs that did occur were predominantly in sectors prioritized by the government, such as EVs and semiconductors, indicating a strategic focus on enhancing the manufacturing sector [2][5]. - Notable companies in the IPO rankings include those in the automotive supply chain, with five out of the top ten fundraising companies related to automotive components [5][6]. Government Policy and Market Dynamics - Financial institutions are controlling the supply of IPOs to prevent market crashes, leading to a preference for certain industries while larger IPOs in non-manufacturing sectors are redirected to Hong Kong [5]. - The article mentions that semiconductor-related companies are being prioritized for listing, reflecting the government's emphasis on high-tech industries [6][7]. Future Outlook - There is an expectation for continued IPO activity in high-tech sectors, with companies like Unitree Robotics and Moore Threads planning to submit their IPO applications [9]. - The Chinese government is likely to maintain its support for high-tech industries, as indicated by recent discussions at the 20th Central Committee meeting regarding economic policies for 2026-2030 [9][10].

（文章来源：21世纪经济报道） 8月9日，宇树科技创始人王兴兴在世界机器人大会上透露，自己曾经最坚决反对人形机器人，宇树直到 2022年都完全没有做人形机器人。但以ChatGPT为代表的AI技术进步显著以及马斯克等对于尖端技术关 注度高，当时宇树有客户直接找到宇树、愿意给钱下订单，直接导致宇树开始做人形机器人。 ...

当时宇树有客户直接找到宇树，愿意给钱下订单，直接导致宇树开始做人形机器人。 今日宇树CEO王兴兴在世界机器人大会上透露，自己曾经最坚决反对人形机器人，宇树直到2022年都完 全没有做人形机器人。但以ChatGPT为代表的AI技术进步显著以及马斯克等对于尖端技术关注度高，当 时宇树有客户直接找到宇树，愿意给钱下订单，直接导致宇树开始做人形机器人。 ...

今日宇树CEO王兴兴在世界机器人大会上透露，自己曾经最坚决反对人形机器人，宇树直到2022年都完 全没有做人形机器人。但以ChatGPT为代表的AI技术进步显著以及马斯克等对于尖端技术关注度高，当 时宇树有客户直接找到宇树、愿意给钱下订单，直接导致宇树开始做人形机器人。 （文章来源：第一财经） ...