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On September 8, the Science and Technology Innovation Board Daily published a report stating that there was speculation suggesting Unitree Robotics' initial public offering (IPO) had reached a valuation of USD 7 billion (around RMB 49.9 billion). In response to this news, a key official from Unitree Robotics clarified that, as of now, the company has not engaged in any internal or external discussions regarding IPO valuation. Thus, the valuation figures circulating in the media are inaccurate.
Earlier, Unitree Robotics initiated IPO counseling on July 18, appointing CITIC Securities as its advisor. The company plans to submit its IPO application documents between October and December this year. At that time, pertinent operational data will be made public.
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