Unitree Robotics' estimated profit per successful IPO subscription is nearly 200,000 yuan, with IPO subscription opening on August 10.

On Trade.xyz, Unitree’s pre-IPO perpetual contract is quoted at $68.2, equivalent to approximately 460 yuan. This translates to a post-listing market cap of around $27.9 billion, or roughly 190.6 billion yuan. Based on the IPO prospectus, the target offering valuation is about 42 billion yuan, which is expected to deliver a 4.5x return for new investors after the stock opens for trading. Unitree plans to issue approximately 40.45 million shares for its Shanghai Stock Exchange STAR Market IPO, accounting for 10% of the total share capital post-issuance. The IPO prospectus sets a target offering valuation of 42 billion yuan; the 40.45 million shares correspond to an offering market cap of 4.2 billion yuan, with an estimated share price of around 104 yuan (the final price will be determined via bookbuilding and may be adjusted). Each lot consists of 500 shares, with an estimated subscription payment of about 52,000 yuan per successful lot. Calculated based on Trade.xyz’s pricing, the opening would yield a 4.5x return, meaning each 500-share lot is worth 234,000 yuan, translating to a profit of approximately 182,000 yuan after deducting subscription payments.