On August 6, Unitree Technology (688836.SH) announced that its initial public offering of shares on the STAR Market has been priced at RMB 150.80 per share. The offering consists of 40,446,434 shares, representing 10% of the total post-offering share capital. The offering price-to-earnings ratio is 219.23 times, higher than the industry average P/E ratio of 38.56 times. The total funds expected to be raised are approximately RMB 6.099 billion, with net proceeds of approximately RMB 5.917 billion. Strategic placement subscribers were allocated 8,089,286 shares, including the Social Security Fund, DeepSeek, and China National Petroleum Corporation. The online subscription date is August 10, and the payment date is August 12.
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Unitree Technology: Offering Price Set at RMB 150.80/Share, Online Subscription Date August 10
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