Unitree Robotics: IPO Price Set at 150.80 Yuan per Share, with DeepSeek and Tencent’s Shanghai Qishan Participating in Strategic Placement

Bot Telegraph August 6th report, Unitree Robotics (stock code 688836.SH) has announced the initiation of its initial public offering (IPO) and listing process on the Science and Technology Innovation Board (STAR Market). The offering price is set at 150.80 yuan per share, with a total issuance of 40,446,434 shares, accounting for 10% of the company’s total share capital post-issuance. The price-to-earnings (P/E) ratio for this offering is 219.23 times, significantly higher than the industry average of 38.56 times. If the issuance is successfully completed, the company expects to raise a total of approximately 6.099 billion yuan, with a net amount of about 5.917 billion yuan after deducting issuance expenses. Based on the total share capital post-issuance, the corresponding total market capitalization is approximately 60.993 billion yuan. Regarding the issuance structure, the final strategic placement amount is 8,089,286 shares, with participants including the National Council for Social Security Fund, DeepSeek, China National Petroleum Corporation Kunlun Capital Co., Ltd., and Tencent’s subsidiary Shanghai Qishan Investment Co., Ltd., among other institutions. Notably, the shares allocated to DeepSeek have a lock-up period of 36 months. In terms of the issuance schedule, the online subscription date is set for August 10th, and investors are required to complete payment by August 12th.

Source: Bot Telegraph China