The initial price inquiry for Unitree Technology's STAR Market IPO has begun, with the estimated market value expected to exceed 4 billion yuan.

Huo Xing Finance reports that on August 5, according to prior announcements, August 5 is the initial pricing date for Yushu Technology’s STAR Market IPO. After pricing is completed, subscription will open on August 10, with both online and offline subscription dates falling on August 10, and the payment deadline set for August 12. The initial pricing period on August 5 runs from 9:30 to 15:00, during which the sponsor (lead underwriter) conducts verification of offline investors and strategic investors pay their subscription funds. On August 6, the offering price will be determined, along with the list of qualified bidders and their eligible subscription quantities; strategic investors will also confirm their final allocation numbers and proportions. Yushu Technology aims to raise RMB 4.202 billion through this IPO, offering 40.4464 million new shares, representing 10% of the post-offering total share capital of 404 million shares. The market estimates Yushu Technology’s IPO valuation will exceed RMB 40 billion. Based on the STAR Market’s minimum subscription unit of 500 shares and the estimated valuation, the IPO price is projected at approximately RMB 104 per share, implying a payment of about RMB 52,000 per subscription lot. However, the final pricing outcome remains subject to market participants’ determination. (Jin Shi)