Yushu Technology, the First Humanoid Robot Stock in A-shares, to List on August 19 with an Issue Valuation of Approximately 61 Billion Yuan
Yushu Technology listed on the Sci-Tech Innovation Board on August 19, with an issue price of 150.80 yuan per share, corresponding to a valuation of approximately 60.993 billion yuan. The issue price-to-earnings ratio was 219.23 times, significantly higher than the industry average. It issued 40.4464 million shares, accounting for 10% of the total share capital, and is expected to raise approximately 6.099 billion yuan. The online subscription rate was only 0.018%, making it one of the most difficult stocks to win a subscription on the Sci-Tech Innovation Board. Expected revenue in 2025 is about 1.7 billion yuan, with a net profit attributable to shareholders of 591 million yuan.