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Unitree Robotics surges 629% to $62 bln valuation in Shanghai share debut_我的网站

A | (ECNS) -- Chinese humanoid robot maker Unitree Robotics surged 629.44 percent to open at 1,100 yuan (about 161.99 U.S. dollars) per share in its Shanghai STAR Market debut Wednesday. The opening gave the company a market capitalization of nearly 445 billion yuan ($62 billion), more than seven times its valuation at the IPO price. The shares were priced at 150.8 yuan in the IPO. At the opening price, a 500-share IPO allotment represented a paper gain of about 474,600 yuan. Unitree develops high-performance legged and humanoid robots for consumer and industrial use, as well as dexterous robotic arms. It was the world’s first company to publicly sell high-performance quadruped robots and among the earliest to bring them into industrial applications. (By Intern Yang Hongran, Zhang Dongfang)
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Chen Xi, spokesperson for China's Ministry of National Defense
China firmly opposes the unfounded accusations and smears made by the Philippines and Australia against China. Regarding the Philippine side's deliberate provocations and attacks on the Chinese personnel at Ren'ai Jiao, the China Coast Guard has issued a statement and released evidence. The Chinese side took necessary countermeasures, which were professional, restrained and beyond reproach, Chen Xi, a spokesperson for the Chinese Ministry of National Defense (MND), said on Friday.
Chen made the remarks when asked to comment on reports that the Philippines and Australia held the Defense Ministers' Meeting and issued a joint statement, expressing "serious concern" over recent actions taken by the China Coast Guard at Ren'ai Jiao. In the statement, they also urged all parties to operate "professionally and safely."
"It must be emphasized that Ren'ai Jiao is part of China's Nansha Qundao and an inherent territory of China. Whatever the Philippine side says or does cannot change this fact. What the Philippine side should do is to remove the illegally grounded warship BRP Sierra Madre (LT-57) as soon as possible," said Chen.
The Chinese side will continue to conduct rights-protection and law enforcement activities to thwart any violations or provocations and safeguard national sovereignty and maritime rights and interests, Chen said.
"We urge relevant countries to stop peddling false narratives, provoking confrontation and undermining regional peace and stability," the MND spokesperson said.
Global Times
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