Tag: #star-market5 results
Unitree Robotics is preparing for its first public offering and listing on Shanghai’s STAR Market, with an issue price of ¥150.80 per share. DeepSeek investment-related cooperation is reportedly planned across three areas, while the offering will comprise approximately 40.45 million shares.
Unitree opened online IPO subscription on Aug. 10 for a listing on the Shanghai Stock Exchange’s STAR Market. Chinese media described it as the country’s first IPO by a humanoid robot maker, drawing attention to the company’s small public float and sector position.
Unitree Robotics priced its Shanghai STAR Market IPO at RMB150.80 per share for 40.45 million shares. Hangzhou DeepSeek AI Basic Technology Research, the developer of DeepSeek, received a strategic allocation worth about RMB141 million with a 36-month lockup.
China's full market added 30 new IPO listings in Q1, raising 258.79 billion yuan total. ChiNext, STAR Market, and Beijing Exchange accounted for 80% of new firms. Total listed companies hit 5503, with Beijing Exchange surpassing 300 firms.
Enflame Technology started IPO inquiry on Shanghai's Star Market. The AI chip unicorn follows hot semiconductor listings. Investor demand for domestic AI chips stays robust.