Yushu Technology initiated its IPO subscription today, with an estimated profit of approximately $216,000 for successfully allocated investors in one lot.

August 10th, today Yushu Technology started its IPO subscription. The latest price for Yushu Technology (Unitree) perpetual contract on Trade.xyz is $86.4, approximately 582.99 CNY. Based on a post-IPO total share capital of about 404 million shares, the corresponding market capitalization is approximately $34.9 billion, approximately 235.5 billion CNY.

Yushu Technology's IPO issue price is 150.8 CNY per share, and the pre-market contract price is about 3.86 times the issue price. The IPO on the Sci-Tech Innovation Board plans to issue 40.4464 million shares, accounting for 10% of the post-issue total share capital; with each lot consisting of 500 shares, the subscription payment for a single lot is about 75,400 CNY.

If calculated based on the latest price on Trade.xyz, the value of 500 shares is about 291,400 CNY. After deducting the 75,400 CNY subscription payment, the potential profit for a single lot is approximately 216,000 CNY; the potential return on investment relative to the subscription amount is about 286%.

Furthermore, as of the time of writing, the 24-hour trading volume of Yushu Technology on Trade.xyz is $1.62 million, with open interest reaching $7.72 million, indicating that there is still room for increased trading activity, and future pricing remains uncertain.