Unitree Robotics made its debut on the STAR Market, with its stock price skyrocketing by 629.44% to reach 1,100 yuan per share at the opening bell, achieving a total market capitalization of 444.9 billion yuan. An investor could have reaped a profit of 474,600 yuan from a single lot. Entities associated with Liang Wenfeng were allocated approximately 1.1916 million shares, resulting in a paper profit exceeding 1.1 billion yuan. Astrend IV, a subsidiary of Shunwei Capital, which was established by Lei Jun, holds 16.106 million shares, translating into a paper profit exceeding 15.2 billion yuan. A fund under DJI had the chance to participate in Unitree Robotics' capital increase in 2018 but ultimately decided against investing. Had this investment been fully maintained at the estimated amount of 10.12 million yuan until Unitree's listing, the corresponding equity value would have surpassed 3.5 billion yuan based on the issue price. Calculated at the opening price, DJI missed out on potential gains exceeding 25 billion yuan.
