On August 24, the stock price of C Unitree-W (688836.SH) commenced trading at a lower level and maintained a downward trajectory throughout the day. It eventually closed at 603.08 yuan, marking a decrease of over 10%. This decline resulted in the company's total market capitalization shrinking to 243.9 billion yuan. In comparison to the closing price of the preceding trading day, Unitree Robotics witnessed a staggering evaporation of market value exceeding 20 billion yuan within that single day. Furthermore, when juxtaposed with its opening price on the inaugural day of listing, the company's market value has dwindled by more than 200 billion yuan. Unitree Robotics made its debut on the STAR Market on August 19, with its stock price soaring to a peak of 1,100 yuan on the very first day, and its market capitalization briefly surpassing the 440 billion yuan milestone. However, since then, the company has been on a sustained downward trend.