On August 20th, marking the second day of its market debut, Unitree Robotics, heralded as the 'A-share market’s first humanoid robot stock', experienced a sustained downturn in its share price throughout the trading session. By the closing bell, the stock price had tumbled to 687 yuan, representing a significant decline of 18.70%. Consequently, the company's total market capitalization shrank to below 280 billion yuan. In stark contrast to its zenith market value of 444.9 billion yuan achieved at the opening bell on its inaugural trading day, Unitree Robotics has witnessed a staggering erosion of over 160 billion yuan in market value within a mere two trading days.