<p>宇樹機器人在國內首次公開募股（IPO）上的進展引發了與這一類人形機器人巨頭相關股票的購買熱潮，交易者紛紛搶購其 IPO 前投資者和商業合作伙伴的股票。在宇樹更接近於在上海科技重鎮科創板上市之際，投資者正在把握今年最重要的主題投資之一。宇樹週一表示，交易所將於下週審核其申請。上海大眾公用事業公司的股票週二上漲至 6.03 元，漲幅達到 10%，這是上海證券交易所對主板上市公司允許的最大日波動幅度。房地產開發商北京首都開發的股價上漲 5.2%，至 5.02 元，而化工公司金髮科技的股價上漲 5.5%，至 18.57 元。這三家公司早前均披露通過子公司或風險投資基金投資了宇樹。參與宇樹供應鏈的江蘇藍天公司和湖南美華智能製造公司也出現了大幅上漲。與此形成鮮明對比的是，中國基準的 CSI 300 指數當天上漲 0.5%。這種購買情緒凸顯了投資者對宇樹的熱情，宇樹在其機器人在慶祝中國農曆新年的國家贊助的春節聯歡晚會上跳舞和表演武術後，知名度大幅提升。投資者認為，中國在與西方國家競爭開發尖端技術的人形機器人市場中具有技術優勢。“人形機器人行業正處於從技術突破到規模化商業化的新階段，” 中國券商萬聯證券的分析師蔡子林表示。“在政策支持和人工智能大模型的推動下，人形機器人有望成為一個具有巨大潛力的新興產業。2026 年是驗證大規模生產和應用的關鍵窗口。” 如果上海交易所批准其 IPO，大眾公用和北京首都等公司將從其在宇樹的投資價值飆升中受益。根據上海交易所的數據，609 家在科創板交易的公司平均市盈率為 101 倍，而主板上市公司的市盈率為 14.3 倍。大眾公用早前表示通過一家深圳風險投資公司投資了宇樹，但未提供更多細節，而北京首都則表示其一家子公司持有宇樹 0.3% 的股份。宇樹的供應商在週二的表現也不錯。向總部位於杭州的宇樹銷售鋰電池的江蘇藍天公司股價上漲 10%，至 22.35 元。提供宇樹減速器配件的湖南美華智能製造公司股價上漲 6.3%，至 33.60 元。根據宇樹的招股説明書，計劃通過 IPO 籌集 42 億元人民幣（約合 6.188 億美元）。由於研發支出和銷售費用增加，第一季度利潤較去年同期下降超過 50%。</p>

大眾公用

金發科技

<p>Unitree Robotics 的 IPO 進展導致其投資者和合作夥伴的股票購買激增，上海大眾公用的股價上漲了 10%，北京首都開發的股價上漲了 5.2%，金髮科技的股價上漲了 5.5%。這種熱情反映了投資者對中國類人機器人市場的信心，預計到 2026 年將實現顯著增長。儘管由於費用增加，第一季度利潤下降了 50%，Unitree 仍計劃通過 IPO 籌集 42 億元人民幣</p>

<p>Unitree Robotics’ progress on its domestic initial public offering (IPO) has sparked a buying frenzy of stocks with exposure to the humanoid robot juggernaut, as traders snapped up shares of its pre-IPO investors and business partners. Investors were navigating one of the most important thematic investments this year after Unitree took a step closer to a listing on Shanghai’s tech-heavy Star Market. Unitree said Monday that the exchange authority would vet its application next week. Shares of Shanghai Dazhong Public Utilities, a supplier of power and gas, jumped to 6.03 yuan on Tuesday, a 10 per cent increase, the maximum daily swing allowed by the Shanghai stock exchange for companies listed on its main board. Property developer Beijing Capital Development surged 5.2 per cent to 5.02 yuan, while chemical firm Kingfa Science &amp; Technology climbed 5.5 per cent to 18.57 yuan. All three companies earlier disclosed they had invested in Unitree through either subsidiaries or venture funds. Jiangsu Azure Corp and Hunan Meihu Intelligent Manufacturing, two companies involved in Unitree’s supply chain, also surged. In sharp contrast, China’s benchmark CSI 300 Index ended the day 0.5 per cent higher. The buying sentiment underscores investors’ enthusiasm for Unitree, which has grown in visibility after its robots danced and performed martial arts at the annual state-sponsored Spring Festival Gala celebrating the Chinese New Year. Investors see China as holding a technological edge in the humanoid robot market compared to Western countries, as the world’s largest economies compete to develop cutting-edge technologies. “The humanoid robotic industry is now at a new moment of moving from technological breakthroughs to scaled commercialisation,” said Cai Zilin, an analyst at Wanlian Securities, a Chinese brokerage. “With policy support and the AI large models, humanoid robots are expected to become an emerging industry with huge potential. The year of 2026 is a critical window to corroborate mass production and adoption.” Companies like Dazhong Public and Beijing Capital are set to benefit from soaring values of their investments in Unitree, if the Shanghai exchange approves its IPO. The 609 companies trading on Shanghai’s Star Market traded at an average of 101 times earnings, compared with 14.3 times for the main board-listed ones, according to the data from the Shanghai exchange. Dazhong Public said earlier that it invested in Unitree through a Shenzhen venture-capital firm, without giving more details, while Beijing Capital said that one of its subsidiaries held a 0.3 per cent stake in the robot maker. Unitree suppliers also performed well on Tuesday. Jiangsu Azure Corp, which sells lithium batteries to the Hangzhou-based company, rallied 10 per cent to 22.35 yuan. Hunan Meihu Intelligent Manufacturing, which provides Unitree with decelerator accessory parts, jumped 6.3 per cent to 33.60 yuan. Unitree plans to raise 4.2 billion yuan (US$618.8 million) from the IPO, according to its prospectus. First-quarter profit slumped more than 50 per cent from a year ago on increased research expenditure and sales expenses.</p>
<div class="lb-trans"><p>宇樹機器人在國內首次公開募股（IPO）上的進展引發了與這一類人形機器人巨頭相關股票的購買熱潮，交易者紛紛搶購其 IPO 前投資者和商業合作伙伴的股票。在宇樹更接近於在上海科技重鎮科創板上市之際，投資者正在把握今年最重要的主題投資之一。宇樹週一表示，交易所將於下週審核其申請。上海大眾公用事業公司的股票週二上漲至 6.03 元，漲幅達到 10%，這是上海證券交易所對主板上市公司允許的最大日波動幅度。房地產開發商北京首都開發的股價上漲 5.2%，至 5.02 元，而化工公司金髮科技的股價上漲 5.5%，至 18.57 元。這三家公司早前均披露通過子公司或風險投資基金投資了宇樹。參與宇樹供應鏈的江蘇藍天公司和湖南美華智能製造公司也出現了大幅上漲。與此形成鮮明對比的是，中國基準的 CSI 300 指數當天上漲 0.5%。這種購買情緒凸顯了投資者對宇樹的熱情，宇樹在其機器人在慶祝中國農曆新年的國家贊助的春節聯歡晚會上跳舞和表演武術後，知名度大幅提升。投資者認為，中國在與西方國家競爭開發尖端技術的人形機器人市場中具有技術優勢。“人形機器人行業正處於從技術突破到規模化商業化的新階段，” 中國券商萬聯證券的分析師蔡子林表示。“在政策支持和人工智能大模型的推動下，人形機器人有望成為一個具有巨大潛力的新興產業。2026 年是驗證大規模生產和應用的關鍵窗口。” 如果上海交易所批准其 IPO，大眾公用和北京首都等公司將從其在宇樹的投資價值飆升中受益。根據上海交易所的數據，609 家在科創板交易的公司平均市盈率為 101 倍，而主板上市公司的市盈率為 14.3 倍。大眾公用早前表示通過一家深圳風險投資公司投資了宇樹，但未提供更多細節，而北京首都則表示其一家子公司持有宇樹 0.3% 的股份。宇樹的供應商在週二的表現也不錯。向總部位於杭州的宇樹銷售鋰電池的江蘇藍天公司股價上漲 10%，至 22.35 元。提供宇樹減速器配件的湖南美華智能製造公司股價上漲 6.3%，至 33.60 元。根據宇樹的招股説明書，計劃通過 IPO 籌集 42 億元人民幣（約合 6.188 億美元）。由於研發支出和銷售費用增加，第一季度利潤較去年同期下降超過 50%。</p>
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Unitree’s IPO progress spurs stock buying of firms with exposure to robot maker

Unitree 的 IPO 進展推動了投資者購買與該機器人制造商相關公司的股票