Core Insights - The core point of the article is that Leju Robotics has successfully completed a nearly 1.5 billion yuan Pre-IPO financing round and is preparing for an upcoming IPO, indicating strong investor interest in the humanoid robotics sector [2][5]. Financing and Investment - Leju Robotics has raised nearly 1.5 billion yuan in its latest financing round, with participation from various investors including Shenzhen Longhua Capital and Tencent Industrial Win-Win Fund [3]. - Since its inception, Leju Robotics has completed six financing rounds, attracting a diverse range of investors [3]. - As of October 22, 2025, there have been 134 investment events in the humanoid robotics sector in China, showing sustained investment interest despite market fluctuations [3]. Market Environment - The current capital environment in the humanoid robotics sector is characterized by both "structural warming" and "bubble clearing," with funding increasingly concentrated among leading companies [4]. - Experts predict a potential capital winter in the humanoid robotics sector in the next one to two years, which may lead to a survival of the fittest scenario for many startups [4][5]. Company Developments - Leju Robotics has changed its name to Leju Intelligent (Shenzhen) Co., Ltd. as part of its preparations for an IPO [5]. - The company has launched multiple product lines, including general humanoid robots and logistics robots, and has achieved mass production in various applications [6][7]. - The company has invested in several upstream and downstream enterprises to enhance its supply chain and achieve a 95% localization rate in its products [7]. Strategic Partnerships and Applications - Leju Robotics has formed partnerships with various companies to develop solutions for different sectors, including logistics and AI security [7]. - The company is collaborating with over 40 ecosystem partners, including major tech firms like Huawei and Tencent, to explore extensive industrial applications [7]. Future Outlook - Leju Robotics aims to continue its focus on industrialization across various scenarios, although the path from "technological feasibility" to "commercial feasibility" remains challenging [8].