Behind the denial of the rumor of listing in Hong Kong by Galaxy General: The goal of the shareholding reform is to raise funds normally in the future

Against the backdrop of the continuous rise in the popularity of embodied intelligence, the market is paying close attention to the listing plans of related companies.

On December 9th, media reports said that domestic humanoid robot unicorn Galaxy General is preparing for an IPO in Hong Kong and is expected to submit its listing application in the first quarter of next year.

This rumor has drawn much attention, which may be related to the recent completion of the shareholding reform of Galaxy General.

Tianyancha shows that recently, the company name of Galaxy General was changed from Beijing Galaxy General Robot Co., Ltd. to Beijing Galaxy General Robot Co., LTD., that is, the company type was changed from a limited liability company to a joint stock company. This is often regarded as a prelude to the preparation for an IPO.

In response to this, a relevant person in charge of Galaxy General exclusively told Xin Feng that the above information is not true. The company's shareholding reform is to meet the subsequent normal financing needs and introduce new investors in the primary market.

Humanoid robots have become a "hot track" in the capital market in recent years. In China, several players have emerged, such as Galaxy General, Yushu Technology, and Zhiyuan Robotics.

In June this year, Galaxy General completed a new round of financing of 1.1 billion yuan, led by Strategic investors from CATL and Puquan Capital, with participation from well-known investors such as China Development Bank's Guokai Kechuang, Beijing Robot Industry Fund, and GGV Capital.

Based on publicly available information, Galaxy General has already completed its initial commercialization.

In September this year, Wang He, the founder of Galaxy General, disclosed in an interview that Galaxy General has successfully established over 10 smart pharmacies equipped with humanoid robots in Haidian District, Beijing, and plans to open 100 such pharmacies across the country within the year.

With the advancement of scene penetration, Galaxy General is expected to accumulate more scene data and contribute more growth space to its performance development.

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