Absolutely explosive! One winning lot earned ¥470,000—the strongest new IPO of the year is here

This year’s wildest A-share IPO subscription returns have been rewritten by Unitree Technology!

On its first trading day, the stock opened 629% higher at ¥1,100. Most astonishingly, one winning lot could earn ¥474.6k, while the company’s market cap soared to ¥444.9 billion. Investors who won a lot this time received an enormous windfall—truly effortless gains!

This surge far exceeded everyone’s expectations and completely defied the usual logic of new-stock rallies.

Unitree Technology’s IPO price was ¥150.8, with an IPO P/E ratio as high as 219.23 times, compared with just 38.56 times for the industry—a staggering premium. Even with such a high IPO valuation, market funds still scrambled aggressively for shares, showing just how bullish investors are on humanoid robotics and embodied intelligence.

What really convinced me that this stock is no ordinary one was its top-tier strategic placement lineup.

The National Social Security Fund, Tencent, Kunlun Capital, China Southern Power Grid, and Tianyi Capital all participated. Nine top institutions subscribed for more than ¥1.2 billion in total, with state-backed investors and internet giants collectively taking major positions and showing full confidence.

The key detail: DeepSeek made a strong strategic placement investment, with a 36-month lock-up—far longer than the 12 months for other institutions.

This essentially confirms a major industry event: two of the six “Little Dragons of Hangzhou” are now closely tied together. A top AI foundation-model team and a leading robotics hardware company are joining forces to focus on embodied intelligence—the core reason the capital market is willing to assign such an extreme premium.

After the fierce competition in AI computing power, the next major theme will most likely be the commercialization of embodied intelligence and robotics. Unitree’s surge looks more like an early warm-up for the sector’s rally. #我的七夕交易分享