YU Tree Tech IPO Lottery Odds Drop to 0.03%, Requiring 16M Yuan for One Lot

YU Tree Tech's NEEQ listing lottery rate is estimated at 0.03%, significantly lower than peers. Investors need over 16 million yuan in Shanghai holdings to secure a single allotment.

Woofun AI reports that the online subscription lottery for Yushu Technology's new listing on August 10th may yield a winning rate of only 0.03%. This figure represents approximately one-fifteenth of the odds for Changxin Technology, which stands at 0.47%. Of the 40.4464 million shares publicly issued, roughly 6.47 million are allocated for online initial issuance. Given the allotment ratio of one unit per 5,000 yuan of Shanghai market value, investors must hold more than 16 million yuan to approximate securing one lot.

Wang Xing retains 31.29% ownership, while major shareholders include Meituan (9.65%), Sequoia China (7.11%), and Matrix Partners China (5.45%). Other notable investors include Xiaomi Shunwei Capital (4.425%), CITIC Securities (4.49%), Alibaba (0.673%), Tencent (0.596%), ByteDance (0.596%), Beijing Robot Industry Development Investment Fund (3.83%), Shenzhen Capital Group (2.55%), and China Internet Investment Fund (2.11%). The company projects 2025 revenue of 1.699 billion yuan and non-GAAP net profit of 591 million yuan.