In the Clouds: Planned IPO to Raise Approximately $2.503 Billion for Investment in Embodied AI Algorithm and Model Development Projects

BlockBeats News, May 18, Hangzhou Yunshenchu Technology Co., Ltd. released its prospectus. The document shows that the company's 2025 annual revenue from Embodied AI Robot Project reached 322.3773 million yuan; Product Components Project revenue reached 11.9501 million yuan; and Supporting Services revenue reached 2.573 million yuan.

According to the resolutions of the company's 2026 First Extraordinary General Meeting of Shareholders and the Ninth Meeting of the First Board of Directors, the funds raised in this offering amount to 2,502.511 million yuan. After deducting the issuance expenses, the funds will be invested in the Embodied Algorithm and Model R&D Project, Robot Body and Solution R&D Project, Embodied AI Robot Industrialization Project, and Embodied AI Robot Base Construction Project. (Jinse Finance)

Source: BlockBeats

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