Unitree Robotics Opens Subscriptions With 12 Securities Firms Backing

Unitree Robotics initiates subscriptions today with 12 securities firms involved. CITIC Securities holds over 4 million shares via intermediaries and acts as sponsor.

Woofun AI reports that Unitree Robotics commences offline and online subscription procedures today. At least 12 securities firms participate in the process, with five utilizing CITIC Securities' private equity funds as intermediaries to indirectly invest in the company. As the designated sponsor, CITIC Securities employs an integrated 'investment + investment banking' strategy. The firm is required to make follow-up investments during the IPO. Following the August 7 issuance announcement, China Securities Investment received an allocation of 808,900 shares. Through its alternative and private fund subsidiaries, CITIC Securities holds a minimum of 4 million shares in Unitree Robotics.