Yun Shenchu Technology has officially started its IPO preparation process.

Hangzhou Yun Shenchu Technology Co., Ltd. has initiated its IPO preparation process, with CITIC Securities serving as the advisor. Founded in 2017, the company focuses on the research and development of quadrupedal and humanoid robots. Founder Zhu Qiuguo is an associate professor at Zhejiang University and currently controls 32.60% of the company's shares. Yun Shenchu Technology recently completed a Series C financing round of over 500 million RMB and completed its shareholding reform in early November.