律动BlockBeats
律动BlockBeats|Aug 19, 2026 09:00
From building a robotic dog in a garage to becoming a leader with a market value of billions, Yushu Wang Xingxing has stepped into the trend of robotics BlockBeats News: On August 19th, Yushu Technology officially listed on the Science and Technology Innovation Board, and its stock price surged on the first day of listing. The company's issuance price is 150.80 yuan/share, with a closing price of 845 yuan/share and a total market value exceeding 340 billion yuan. According to the shareholding ratio, the founder Wang Xingxing, born in 1990, holds shares with a market value exceeding 100 billion yuan. The rise of Wang Xingxing is not a familiar entrepreneurial path in traditional capital markets. Without a background in top universities or gaining a lot of attention in the early days of the robotics industry boom, he is more like an engineer who has been immersed in technology research and development for a long time. As early as his student days, Wang Xingxing had a strong interest in robots. During his university years, he developed bipedal and quadruped robots at a lower cost, and launched the pure electric quadruped robot XDog during his master's degree, reducing the cost of robot development through an electric drive solution. In 2016, XDog test videos became popular overseas, and 26 year old Wang Xingxing received his first investment of 2 million yuan before leaving DJI to establish Yushu Technology. In the early stages of entrepreneurship, the robotics industry had not yet become a hot topic, and Yushu Technology also faced financial pressure. In 2017, the company released its first quadruped robot Laikago, but commercialization was not easy. Investors once had concerns about Wang Xingxing's "grassroots background," but his emphasis on technology, products, and cost control gradually gained market recognition. With the development of artificial intelligence technology and the rise of humanoid robots, Yushu Technology is experiencing rapid growth. The humanoid robot dance performance on the 2025 Spring Festival Gala brought Yushu into the public eye, and since then, the company has received high attention from industrial capital and the market. In the face of external pursuit, Wang Xingxing still maintains an engineer style. He has stated that technological breakthroughs in the field of robotics require time, and excessive hype can put pressure on the industry. Compared to capital and brand exposure, he focuses more on product development and commercial implementation. At present, Yushu Technology has formed a product system of quadruped robots and humanoid robots, and released products such as the humanoid robot G1. With the company going public, Wang Xingxing is also facing new challenges: how to grow from a technical expert to a manager of a listed company, and how to maintain a leading edge in the increasingly competitive environment of the robotics industry. From manufacturing robots at low cost in his early years to becoming the leader of a billion dollar company today, Wang Xingxing is undergoing a transformation from a technology entrepreneur to an entrepreneur. [Original link]
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