Unitree Robotics sets IPO price at 150.8 yuan, with DeepSeek, Tencent and others participating in strategic placement

Unitree Robotics set the offering price for its Shanghai Stock Exchange IPO at 150.8 yuan per share on Aug. 6 and will raise about 6.1 billion yuan. DeepSeek (Hangzhou DeepSeek) participated in the strategic placement with 933,400 shares worth 141 million yuan, subject to a 36-month lockup. Tencent-affiliated Shanghai Qishan Investment also acquired 903,300 shares.

An important aspect of Unitree Robotics’ listing is that DeepSeek and Tencent-affiliated Shanghai Qishan Investment joined the strategic placement as investors with strategic cooperation ties or long-term cooperation intentions with the issuer. DeepSeek’s allocation was valued at about 141 million yuan and carries a 36-month lockup, making public information available showing that recipients of the shares were selected with medium- to long-term involvement in mind, rather than for short-term cash management.