According to Bloomberg, as reported by RuiXiang Capital, the Chinese intelligent robot manufacturer Yushu Technology, which is preparing to list on the Shanghai STAR Market, is expected to have a valuation exceeding 50 billion yuan after its IPO. RuiXiang Capital estimates that Yushu Technology will invest at least 2 billion yuan in embodied intelligent large models post-listing; however, the company still lags behind international giants in this area, thus it is seeking financing to bridge the gap.
RuiXiang Capital stated that the current penetration rate of the humanoid robot industry is less than 1%, and they believe there will be a significant "leading effect" in the future. They expect a concentrated explosion of commercial applications will still require at least two to three years, emphasizing their long-term optimism about Yushu Technology and their intention to hold long-term.
RuiXiang Capital has an indirect investment in Yushu Technology. According to documents from the Shanghai Stock Exchange, Yushu Technology's IPO has been accepted, with a fundraising amount of 4.2 billion yuan