On July 30, Unitree Technology disclosed in its prospectus for the initial public offering of shares and listing on the STAR Market that the company's senior management and core employees intend to participate in the strategic placement of this issuance through asset management plans, namely Unitree Technology Employee No.1 Asset Management Plan and Unitree Technology Employee No.2 Asset Management Plan. The number of shares to be subscribed in the strategic placement shall not exceed 10% of the total issuance size, i.e., 4,044,643 shares. Meanwhile, the total subscription amount shall not exceed 271.5 million yuan, with the final number of shares for the strategic placement to be determined after the issuance price is set. Specifically, all funds raised by Unitree Technology Employee No.1 Asset Management Plan will be used for this strategic placement, i.e., the payment for the strategic placement amounts to 218.5 million yuan. All funds raised by Unitree Technology Employee No.2 Asset Management Plan will also be used for this strategic placement, i.e., the payment amounts to 53 million yuan. The list shows that the participants in Unitree Technology Employee No.1 Asset Management Plan include 161 individuals, such as Financial Director Wang Feng, while the participants in Unitree Technology Employee No.2 Asset Management Plan include 10 individuals, such as Chairman Wang Xingxing, with Wang Xingxing subscribing for 15 million yuan.
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