Yushu’s new token subscription has a single account lottery winning probability of around 0.36%, with large investors holding no subscription advantage over retail investors.

Unitree Technology will launch simultaneous offline and online IPO subscription applications today. Shanghai Stock Exchange accounts with an average daily market value of RMB 60,000 or more will receive 12 subscription numbers, with a maximum top-up subscription of 6,000 shares. Institutional and retail investors have identical IPO allotment odds. According to multiple institutional forecasts, the online allotment rate per subscription number for Unitree is approximately 0.0003 (3 in 10,000), meaning the overall allotment probability for a single account with a top-up subscription of 12 numbers is around 0.36%. Unitree’s pre-IPO perpetual contract on Trade.xyz is trading at $86.4 today, equivalent to roughly RMB 582.99. The IPO offering price is RMB 150.8 per share, with the pre-IPO contract price standing at about 3.86 times the offering price. This STAR Market IPO plans to issue 40.4464 million shares, representing 10% of the total share capital post-issuance. One subscription lot consists of 500 shares, with a single lot subscription payment of approximately RMB 75,400. Calculated based on Trade.xyz’s latest price, 500 shares are valued at around RMB 291,400. After deducting the RMB 75,400 subscription payment, the potential profit per lot is approximately RMB 216,000.