On December 25, shares of Fenglong soared to their daily limit at the market's opening, buoyed by the acquisition news revealed by UBTECH, a frontrunner in the humanoid robot sector. This isn't an isolated incident; earlier, similar moves were observed, including Qiteng Robotics' proposed takeover of Shengtong Energy, the planned acquisition of Jiamei Packaging by the founder of Dreame Technology, and Dongjie Intelligence's bid for Aobo Intelligence. Although the involved companies have stated they "will not pursue backdoor listings within the next 36 months," they are nonetheless vying to acquire listed entities. As the robotics industry stands on the brink of a boom, timing is of the essence.

Interviewees suggest that snapping up an existing listed platform offers a quicker and more reliable route than pursuing an independent initial public offering (IPO). The presence (or lack thereof) of a listed platform serves as a significant criterion for external investors evaluating a company's robustness and future potential. Securing a 'shell' in advance not only paves the way for subsequent capital maneuvers by the company but also assures further financing opportunities and exit strategies for investment firms.