Yushu Technology's IPO has completed coaching and filing, with CITIC, Rongcheng, and Deheng as coaching institutions

On July 18th, according to the official website of the China Securities Regulatory Commission, Yushu Technology has started listing guidance, with CITIC Securities serving as the guidance agency. The coaching filing report shows that Wang Xingxing is the controlling shareholder and actual controller of Yushu Technology. Wang Xingxing directly holds 23.8216% of the company's equity and controls 10.9414% of the company's equity through Shanghai Yuyi Enterprise Management Consulting Partnership Enterprise (Limited Partnership), totaling 34.7630% of the company's equity.

The report shows that the coaching agency for this IPO is CITIC Securities, the accounting firm is Rongcheng, and the law firm is Beijing Deheng. The report also shows that Yushu Technology's IPO is expected to be completed as early as October 2025, with a comprehensive evaluation of whether the company meets the conditions for issuance and listing, and assistance in preparing the initial public offering and listing application documents in accordance with relevant regulations. This means that starting from July 18th, Yushu Technology will complete its guidance as early as October, which means that Yushu Technology has the hope of listing on the A-share market within this year.

Previously, it was reported that Yushu Technology would choose the Science and Technology Innovation Board as its listing location. Yushu Technology has not yet responded to this. It is reported that on June 26, 2025, Wang Xingxing, founder of Yushu Technology, revealed at the Summer Davos Forum that Yushu Technology's annual revenue has exceeded 1 billion yuan. Public information shows that several well-known investment institutions have invested in Yushu Technology, including Meituan, Tencent, Alibaba, Sequoia China, Jingwei Venture Capital, Beijing Robot Industry Development Investment Fund, Shenzhen Venture Capital, etc. Yushu Technology's latest valuation has exceeded 10 billion yuan.