On July 18, the official website of the China Securities Regulatory Commission revealed that Hangzhou Unitree Robotics Technology Co., Ltd. (hereinafter referred to as "Unitree Robotics") has initiated the registration process for initial public offering (IPO) counseling, with CITIC Securities serving as the advisory institution. As a pioneering domestic player in the field of legged and humanoid robots, this development signifies Unitree Robotics' formal entrance into the capital market. Wang Xingxing, the company's controlling shareholder and de facto leader, holds a total equity stake of 34.76%. From October to December of this year, the advisory institution will conduct a thorough evaluation to ascertain whether the company meets the requirements for issuance and listing, while also assisting in the preparation of the necessary listing application documents. Unitree Robotics is poised to emerge as a key player in the A-share humanoid robot sector.