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The IPO application of Hangzhou DeepCloud Technology Co., Ltd. for listing on the Science and Technology Innovation Board has been officially approved, marking it as the second robot entity (Note: Here, 'robot entity' is retained for precision, though 'robot manufacturer' or 'robot firm' could also be apt alternatives depending on the desired nuance) among the cohort planning to go public on the board this year. Unitree Technology, another member of the 'Hangzhou Six Little Dragons' and a pioneer in the quadruped robot sector, revealed its prospectus in March of this year. Financial data reveals that DeepCloud's operating revenues stood at 50.11 million yuan, 103 million yuan, and 337 million yuan for the years 2023 to 2025, respectively, showcasing a remarkable compound annual growth rate of 159.51% over this three-year period.
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