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Unitree IPO winning rate at approximately 0.018%, signaling heated investor demand_我的网站
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China's Unitree Robotics announced on Tuesday evening the preliminary results of its offline share placement and the winning numbers for its online offering as part of its initial public offering (IPO) on the STAR Market. A total of 19,414 winning numbers were issued in the online offering, with each winning number entitled to subscribe for 500 A-shares.
After the clawback, the final size of the online offering stood at 9.707 million shares, with a final winning rate of approximately 0.018 percent, or less than two in 10,000, which is far below ChangXin Memory Technologies' 0.47 percent.
The Hangzhou-based company set the offer price at 150.8 yuan ($22.35) per share, valuing the company at roughly 61 billion yuan upon issuance.
Market expectations are running high for Unitree's performance following its market debut. Data show that A-share IPOs have posted an average first-day gain of 276.04 percent so far in 2026. Based on this average, investors winning one lot of Unitree shares could see a paper profit of more than 200,000 yuan. If benchmarked against the STAR Market's average first-day gain of 466.61 percent this year, the paper profit could reach 351,800 yuan per lot.
The company is set to become China's first mainland-listed humanoid robot maker. Since its establishment, Unitree has focused on the research, development, production and sales of high-performance general-purpose humanoid robots, quadruped robots, robotic components and embodied AI models.
Unitree's IPO places a leading player in China's fast-growing humanoid robot industry in the capital-market spotlight. For Unitree, tapping the capital market will provide stronger support for sustained R&D investment and capacity expansion, Liu Dingding, a veteran industry analyst, told the Global Times.
Global Times
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B | Pawan Kalyan is riding high on the massive success of his last film, They Call Him OG. The blockbuster success of the Sujeeth directorial reaffirmed his number uno status at the box-office stamina. All eyes are on the actor’s next big entertainer, Ustaad Bhagat Singh, directed by Harish Shankar. The film has completed its shoot, and the team is gearing up for a huge promotional campaign that begins with the first single’s promo on December 9, 2025. Pawan’s energetic dance number Devi Sri Prasad, who has delivered several chartbusters for Pawan Kalyan in the past, is composing the music. Inside buzz suggests that the first song will present Pawan in a stylish, energetic dancing avatar, something fans have been eagerly waiting to witness again on the big screen. The makers reportedly planned the special number to highlight Pawan’s onscreen charisma. The fact that he is shaking a leg after a long time prompted the makers to leave no stone unturned to make the choreography special. The collaboration between Pawan Kalyan and Harish Shankar has already set expectations high, especially after their earlier blockbuster Gabbar Singh (2012). With the shoot wrapped, the film has entered its final phase of post-production. The team exudes confidence about the output and is preparing to announce the official release date soon, adding to the growing excitement. Pawan’s trademark swag Ustaad Bhagat Singh is tipped to be a complete entertainer filled with action, humour, and Pawan’s trademark swagger. Sreeleela plays the female lead in this film. Harish Shankar, known for writing punchy dialogues and crafting mass-appeal sequences, is reportedly shaping the film as a celebration of Pawan’s star persona. As anticipation peaks, fans are gearing up for a grand promotional rollout starting with the first single promo. Fans are hoping that the trio - Pawan, Harish and Devi Sri Prasad – will recreate their earlier Gabbar Singh magic. Also Read: Pawan Kalyan Poses With Ustaad Bhagat Singh Team on The Last Day of Shoot。
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