Yushu Pre-IPO Price Surges Above $90, Projected Individual Profit Soars to $23,000

BlockBeats News, August 7th, prior to the Unitree IPO on Trade.xyz, the perpetual contract price surged significantly to $90.495, approximately 610 CNY, representing a 24-hour gain of up to 23.1%. The corresponding post-listing market value is about $36.5 billion, approximately 246.7 billion CNY.

Based on Unitree's IPO issue price set yesterday at 150.8 CNY per share, it is expected to bring a 4.04x return on the IPO price. Unitree's Innovation Board IPO plans to issue 40.4464 million shares, accounting for 10% of the post-issue total share capital, with an allocation of 500 shares per successful allotment and an estimated individual payment of around 75,000 CNY.

Based on Trade.xyz pricing 500 shares worth 305,000 CNY, deducting the subscription payment, the net profit is approximately 230,000 CNY.