Unitree Technology Employee Asset Management Plans to Participate in IPO Strategic Placement, Wang Xingxing Subscribes 15 Million RMB

Odaily Planet Daily News According to the prospectus for its initial public offering and listing on the STAR Market, Unitree Technology disclosed that the company's senior management and core employees intend to participate in the strategic placement of this offering through asset management plans, namely Unitree Technology Employee No. 1 Asset Management Plan and Unitree Technology Employee No. 2 Asset Management Plan. The number of shares to be placed strategically shall not exceed 10% of the total offering size, equating to 4,044,643 shares. Additionally, the total subscription amount shall not exceed 271.5 million RMB. The final number of shares for the strategic placement will be determined after the issuance price is set.

Among them, all funds raised from Unitree Technology Employee No. 1 Asset Management Plan will be used for participating in this strategic placement, specifically, the consideration for the strategic placement amounts to 218.5 million RMB. All funds raised from the Employee No. 2 Asset Management Plan will also be used for this strategic placement, with the consideration amounting to 53 million RMB. The list shows that the participants in the Unitree Technology Employee No. 1 Asset Management Plan include 161 individuals, such as Financial Director Wang Feng. The Unitree Technology Employee No. 2 Asset Management Plan comprises 10 participants, including Chairman Wang Xingxing, with Wang Xingxing subscribing for 15 million RMB.