Chinese humanoid robot leader Autonavi Technology launched its IPO preliminary inquiry on the Sci-Tech Innovation Board on August 5. It plans to issue 40.4464 million new shares, raising 4.202 billion yuan, with a market valuation expected to exceed 40 billion yuan. The final issue price will be set on August 6, with subscription opening on August 10. The listing marks a milestone for embodied intelligence commercialization.
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