Core Viewpoint - The article discusses the initiation of the listing guidance for Yushu Technology, indicating its preparation for an initial public offering (IPO) with the assistance of CITIC Securities as the guiding institution [2][6]. Group 1: Company Overview - Yushu Technology was established on August 26, 2016, and has a registered capital of 364 million yuan [6][7]. - The legal representative of the company is Wang Xingxing, who directly holds 23.8216% of the company's shares and controls a total of 34.7630% through a partnership [3][6]. - The company operates in the C39 category of computer, communication, and other electronic equipment manufacturing, as well as C34 general equipment manufacturing [3][6]. Group 2: Listing Guidance Details - The listing guidance agreement was signed on July 7, 2025, with CITIC Securities, Deheng Law Firm, and Rongcheng Accounting Firm involved in the process [4][5]. - From July to September 2025, the guiding institutions will conduct training sessions to ensure that the personnel understand the legal regulations and responsibilities associated with being a public company [5][6]. Group 3: Financial Performance and Market Position - Yushu Technology has achieved annual revenues exceeding 1 billion yuan and has maintained profitability since 2020 [8][10]. - The company holds a 69.75% market share in global quadruped robot sales and ranks first in humanoid robot shipments as of 2023 [10]. - Yushu Technology has completed 10 rounds of financing, with a pre-investment valuation exceeding 10 billion yuan, supported by notable investors such as Meituan, Sequoia China, and Tencent [10].