王興興：宇樹科技上市是企業的 “高考”
Yushu Technology founder Wang Xingxing stated at the 2025 World Robot Conference that going public is a process of corporate growth, similar to the college entrance examination, marking the maturity of management and operations. Yushu Technology has begun its listing guidance, with controlling shareholder Wang Xingxing holding 34.763% of the shares, and is expected to become the second publicly listed humanoid robot company. SHOUCHENG made its initial investment in Yushu in 2024 and received policy support in 2025
According to the Zhitong Finance APP, on August 9th, Wang Xingxing, founder and CEO of Yushu Technology, stated in an interview at the 2025 World Robot Conference (WRC) that Yushu Technology has been established for 9 years, and in a sense, going public can be seen as a process for a student to continue learning and growing. Going public is akin to taking the college entrance examination, allowing the company to move towards a more mature stage in management and operations. "This is an account of our development over the past nine years, as well as an account to our shareholders."
The official website of the China Securities Regulatory Commission showed on July 18th that Yushu Technology has initiated the listing guidance, with CITIC Securities serving as the guidance institution. The guidance filing report indicates that Wang Xingxing is the controlling shareholder and actual controller of Yushu Technology, holding 23.8216% of the company's shares directly, and controlling an additional 10.9414% of the shares through Shanghai Yuyi Enterprise Management Consulting Partnership (Limited Partnership), totaling 34.7630% control of the company.
This means that Yushu has begun the IPO process and is expected to become the second humanoid robot company to go public after Zhiyuan Robotics. SHOUCHENG first invested in Yushu in 2024 and made additional investments this year. Kang Yu, general manager of the board office of SHOUCHENG, stated that in 2025, various capital sources have entered the embodied intelligence track, which has also received policy support
