Unitree Technology began trading on China’s STAR Market on Aug. 19 and surged 629.44% at the open, according to a BlockBeats report citing Jin10. Based on the IPO price of 150.80 yuan per share, one winning online subscription lot sold at that level would generate a profit of 474,600 yuan. Using the same price basis, Meituan-linked entities are described as Unitree’s largest external shareholder group by stake. Through Hanhai Information, Chengdu Longzhu and Galaxy Z, the group holds about 35.1236 million shares in total, translating into an unrealized gain of more than 33.3 billion yuan. The report focuses on the first-day trading move and the scale of the paper profit tied to those holdings, without providing additional breakdowns beyond the combined share count and estimated gain.
Unitree Technology started trading on Shanghai’s STAR Market on Aug. 19, opening up 629.44%, according to BlockBeats, which cited Jin10.
Based on the issue price of 150.80 yuan per share, one winning online subscription lot sold at that level would yield a profit of 474,600 yuan.
On that basis, Meituan-linked investors rank as Unitree’s largest external shareholder group by stake. Through Hanhai Information, Chengdu Longzhu and Galaxy Z, they hold about 35.1236 million shares in total, implying an unrealized gain of more than 33.3 billion yuan.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
