The subscription and payment process for Unitree Robotics' IPO has concluded, with Wang Xingxing directly holding approximately 21.4% of the shares.

Odaily Planet Daily reports that Unitree Technology has released an announcement regarding the results of its initial public offering (IPO) on the Science and Technology Innovation Board (STAR Market), disclosing that the online and offline subscription and payment processes for this offering have concluded. Prior to this offering, Wang Xingxing, the controlling shareholder and actual controller of the company, held a total of 34.763% of the company's shares. Through a special voting rights arrangement, Wang Xingxing controlled a total of 68.7816% of the company's voting rights. After this offering, Wang Xingxing directly holds 21.4395% of the company's shares. Under the differential voting rights arrangement, Wang Xingxing controls a total of 65.309% of the company's voting rights, thus becoming the actual controller of the company.