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Unitree Robotics IPO oversubscribed 8,288 times as final online winning rate drops to 0.0181%_我的网站

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A |     WASHINGTON -- An Army private who fled to North Korea before being returned home to the United States last month has been detained by the U.S. military, two officials said Thursday night, and is facing charges including desertion and possessing sexual images of a child.The eight counts against Pvt. Travis King are detailed in a charging document seen by The Associated Press. The officials who confirmed King's confinement spoke to The Associated Press on condition of anonymity because the charges have not been publicly announced.King's mother, Claudine Gates, said in a statement that she loved her son “unconditionally” and was “extremely concerned about his mental health.”“As his mother, I ask that my son be afforded the presumption of innocence,” she said.Desertion is a very serious charge and can result in imprisonment for as much as three years. King is also accused of kicking and punching other officers last year, unlawfully possessing alcohol, making a false statement and possessing a video of a child engaged in sexual activity. That allegation dates to July 10, the same day he was released from a South Korean prison where he had served nearly two months on assault charges.One week later, King, 23, ran across the heavily fortified border from South Korea and became the first American detained in North Korea in nearly five years. He was set to be sent to Fort Bliss, Texas, where he could have faced potential additional disciplinary actions and discharge.Officials said King was taken to the airport and escorted as far as customs. But instead of getting on the plane, he left and later joined a civilian tour of the Korean border village of Panmunjom. He ran across the border, which is lined with guards and often crowded with tourists, in the afternoon. After about two months, Pyongyang abruptly announced that it would expel him. He was flown on Sept. 28 to an Air Force base in Texas.His release from North Korea was aided by Swedish officials who took King to the Chinese border, where he was met by U.S. Ambassador to China Nicholas Burns, the Swedish ambassador to China and at least one U.S. Defense Department official. He was then flown to a U.S. military base in South Korea before heading to the U.S.Once back in the U.S., King was taken to Brooke Army Medical Center at Fort Sam Houston outside San Antonio. He went through what the military describes as a “reintegration” process that included medical exams, psychological assessments and debriefings. And he was also allowed to meet with family.Because he had willingly run into enemy hands, he legally was kept in military custody throughout that process.At the time, officials said they did not know exactly why North Korea decided to let King go, but suspected Pyongyang determined that as a low-ranking serviceman he had no real value in terms of either leverage or information. King joined the Army in January 2021, and served as a cavalry scout.While he was gone, Army leaders declared him absent without leave, opting to not consider him a deserter, which is far more serious. By declaring King a deserter, the Army would have to conclude that King left and intended to stay away permanently. In times of war, desertion can carry the death penalty.Service members can go AWOL for several days, but may return voluntarily. The punishment can include confinement in the brig, forfeiture of pay or dishonorable discharge and it is largely based on how long they were away and whether they were apprehended or returned on their own.The charging document does not provide significant detail on any of the allegations, though it does accuse King of knowingly possessing a video of a child engaging in sexual conduct last July 10 and says that he solicited a user of Snapchat, a social media platform, to produce images of underage sexual activity.Sean Timmons, an attorney who specializes in military law at the Tully Rinckey law firm and who reviewed the charging document, said all the transactions that occurred on Snapchat were not secure or private and were accessible by the government. “He probably reasonably believed his illegal conduct would have no evidentiary trail, but Snapchat actually saves everything,” Timmons said.___Associated Press writer Tara Copp in Washington contributed to this report.。    

Visitors watch humanoid robots of Unitree Robotics boxing at the World Intelligence Expo 2026 in Tianjin, north China, May 30, 2026. The World Intelligence Expo 2026 opened to the public here on Saturday. The expo brings together over 700 exhibitors to showcase cutting-edge technologies, products and application scenarios in the field of artificial intelligence (AI). (Photo: Xinhua)
    Visitors watch humanoid robots of Unitree Robotics boxing at the World Intelligence Expo 2026 in Tianjin, North China, on May 30, 2026. The expo brings together over 700 exhibitors to showcase cutting-edge technologies, products and application scenarios in the field of artificial intelligence (AI). Photo: XinhuaDue to intense demand, the final online winning rate of Unitree Robotics' IPO - China's first humanoid robot A-share stock - is razor-thin 0.0181 percent, the company announced on Monday. In plain language: you needed to be one of the lucky 5,525 applicants to get shares. 
Unitree Robotics is heading to the STAR Market of the Shanghai Stock Exchange. The company set the offer price at 150.8 yuan ($22.35) per share, valuing the company at roughly 61 billion yuan on issuance. A total of 40.45 million shares are being offered, the company released its IPO subscription results on Monday, when the IPO subscription started, with payment due by August 12. 
Investors piled in so heavily that the preliminary online subscription multiple hit an eye-watering 8,288.82 times - far above the 100-times threshold that triggers the clawback mechanism, according to Unitree's announcement
Before the clawback, more than 9.78 million accounts had submitted valid applications for a staggering 53.64 billion shares, producing a preliminary winning rate of just 0.012 percent - roughly one in 8,289.
After the adjustment between offline and online tranches, the final online allocation was fixed at 9.707 million shares - about 30 percent of the post-strategic-placement total.
According to a report released by the Smart Analytics Global (SAG) on Monday, Unitree's humanoid robot shipment accounted for 31 percent in the world in the first half of 2026, with shipments rising 170 percent year-on-year to approximately 5,900 units, ranking second after another Chinese robot vendor AGIBOT.
Chinese humanoid robot manufacturers together accounted for 97 percent of global shipment in the first half of the year, remaining the center of the current humanoid robotics boom, SAG report showed.
Global Times

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