Yushu Technology completed listing counseling and entered the acceptance stage or became one of the most watched technology IPOs in recent years

The Zhitong Finance App learned that according to the official website of the China Securities Regulatory Commission, humanoid robot research and development company Yushu Technology officially completed listing guidance on November 10 and has now entered the counseling and acceptance stage. CITIC Securities acted as the mentoring agency for this counseling, which means that the company is one step closer to submitting a prospectus.

The listing process accelerates the submission of prospectus

Since launching listing guidance in mid-July this year, Yushu Technology has completed a number of preliminary tasks, including changing the company's name — removing the “Hangzhou” administrative division from the original name to meet listing requirements and national brand layout. According to the statement issued by the company on September 2, it is expected to officially submit the IPO application documents from October to December and simultaneously disclose more detailed financial data. After completing the counseling and acceptance, the prospectus submission process will officially commence.

Industry insiders pointed out that if this listing progresses smoothly, Yushu Technology's IPO is expected to become one of the largest and most watched local technology company listing projects in China in recent years.

“The first echelon of humanoid robots” YuShu Technology is developing rapidly

Established in 2016, Yushu Technology is a leading domestic research and development enterprise for humanoid robots and four-legged robots. The company excels at self-developed motion control, sensing systems and intelligent algorithms. Its four-legged robot products have long been active in scientific research institutions, industrial inspection, and educational experiments due to their high flexibility and strong obstacle crossing ability. In recent years, the company has made rapid progress in the field of humanoid robots, and many core technologies have entered the mass production verification stage, and it is regarded as one of the representative enterprises of the humanoid robot industry in China.

As the country accelerates the implementation of “robot +” application scenarios and the continuous improvement of the industrial chain, the humanoid robot industry is entering a new commercialization window. The market generally believes that Yushu Technology's choice to promote listing at this time will help further improve the capital structure, increase investment in R&D, and seize greater opportunities in the global robot competition pattern.

Industry observers expect that with the submission of the prospectus, Yushu Technology's core technical strength, business model and future plans will be further presented to the market and become the focus of attention in the capital market.