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

Odaily Planet Daily News Unitree Technology disclosed in its prospectus for the initial public offering of shares and listing on the Science and Technology Innovation Board that the company's senior management and core employees plan to participate in the strategic placement of this issuance 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 strategically placed shall not exceed 10% of the size of this issuance, which is 4,044,643 shares. Meanwhile, the total subscription amount shall not exceed RMB 271.5 million. The final number of shares for the strategic placement will be determined after the issuance price is set.

Among them, the funds raised by Unitree Technology Employee No. 1 Asset Management Plan will all be used to participate in this strategic placement, i.e., to pay the consideration for this strategic placement of RMB 218.5 million. The funds raised by Employee No. 2 Asset Management Plan will all be used to participate in this strategic placement, i.e., to pay the consideration for this strategic placement of RMB 53 million. The list shows that the participants of Unitree Technology Employee No. 1 Asset Management Plan include 161 people including CFO Wang Feng, and the participants of Unitree Technology Employee No. 2 Asset Management Plan include 10 people including Chairman Wang Xingxing, of which Wang Xingxing's subscription amount is RMB 15 million.