DJI responded to reports that it was once Unitree Robotics' largest external shareholder and exited in 2019, stating it had no comment.

Unitree Robotics officially launched online and offline IPO subscription today. Its offering price is 150.80 yuan per share, with a post-issue total market cap of around 60.993 billion yuan and total fundraising of nearly 6.1 billion yuan, while the offering P/E ratio hits 219.23 times. Notably, the firm received early investment from DJI, though the stake was ultimately exited via DJI’s capital reduction. It is understood that Unitree founder Wang Xingxing briefly worked at DJI before starting his venture, but resigned shortly after to launch his startup. In 2018, DJI acquired roughly 17% of Unitree’s shares for 10.1286 million yuan, valuing the company at approximately 60 million yuan at the time. DJI’s stake in Unitree was once registered with industrial and commercial authorities, making it Unitree’s largest external shareholder, but DJI reduced its capital in 2019 and exited the company’s shareholder roll. Estimates suggest that if DJI had held onto the stake until now, its value would likely reach billions of yuan. In response to the news, DJI said it would not comment. (Source: Sina Technology)