Unitree Technology is finally decided, listing on August 19 at an issue price of 150.80 yuan per share, raising 6.1 billion yuan, with a total market value surpassing 60 billion yuan and a price-to-earnings ratio soaring over 200 times
Approaching the IPO, market heat and reactions
▶️ Chips are extremely scarce:
The winning rate is only about 0.018%, with a single win costing 75,400 yuan. The entry barrier for retail investors is high, and almost all the shares are taken by institutions in groups
▶️ Last-minute kick to show off his muscles:
On the eve of its launch, it directly released a new product with an extreme running speed of 12.66 meters per second, forcibly raising technical barriers and attracting significant capital attention
▶️ Pitcher lineup bonuses:
Besides the national team fund, top AI players like DeepSeek have also been brought in. The market is paying not just for hardware, but also for expectations of embodied intelligence for large models
🧩 In the short term,
The first five trading days have no price change limit, and combined with the initial floating volume being very small—only 7.44%—the opening is likely to be heavily driven by sentiment, causing very sharp price fluctuations
🧩 In the medium to long term,
Unitree is setting the benchmark for the entire humanoid robot sector. A valuation of 60 billion yuan already far exceeds current performance. Whether it can hold the market going forward depends not on how much the four-legged dog sells, but on whether humanoid robots can truly achieve large-scale commercialization in factories and households
Stock code: 688836
Non-investment advice for DYOR
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