Unitree Robotics has launched the initial IPO inquiry for its STAR Market listing, with market projections indicating its IPO market value could exceed 40 billion yuan.

According to previous announcements, August 5 marks the preliminary inquiry date for Unitree Technology’s IPO on the STAR Market. Following the inquiry, subscriptions will open on August 10, with both online and offline subscriptions scheduled for that same day, and the payment deadline set for August 12. The preliminary inquiry period on August 5 runs from 9:30 a.m. to 3:00 p.m., during which the sponsor (lead underwriter) verifies offline investors, and investors participating in strategic placement pay their subscription funds. On August 6, the offering price will be finalized, valid bidders and their tradable share quotas will be determined, and strategic placement investors will confirm their final allocated share amount and proportion. Unitree Technology’s IPO aims to raise 4.202 billion yuan, with 40.4464 million new shares offered publicly, accounting for 10% of the post-issuance total share capital, bringing the post-issuance total to 404 million shares. Market estimates value Unitree Technology’s IPO at over 40 billion yuan. Based on the STAR Market’s new share subscription unit of 500 shares and the estimated offering valuation, the IPO price is approximately 104 yuan per share, with one lot of new shares requiring a payment of around 52,000 yuan. However, the exact deviation in IPO inquiry results remains to be confirmed by market participants. (Jinshi)