From building robot dogs in garages to being at the helm with a market capitalization of 100 billion dollars, Yushu Wang Xingxing stood on the robotics bandwagon
Comparing news, Yushu Technology officially landed on the Science and Technology Innovation Board, and its stock price soared on the first day of listing. The company's issue price was 150.80 yuan/share, and the closing price reached 845 yuan/share, with a total market value of over 340 billion yuan. In terms of shareholding ratio, the market value of shares held by founder Wang Xingxing, who was born in 1990, exceeds 100 billion yuan.
Wang Xingxing's rise is not an entrepreneurial path familiar to traditional capital markets. He doesn't have a background in top universities, and he didn't get much attention in the early days of the robotics industry. He is more like an engineer who has been immersed in technology research and development for a long time.
As early as a student, Wang Xingxing had a keen interest in robots. While in college, he developed biped robots and quadruped robots at a lower cost, and launched a pure electric four-legged robot xDog at the master's level to reduce robot development costs through electric drive solutions. In 2016, xDog test videos became popular overseas. Wang Xingxing, 26, received an initial investment of 2 million yuan, then left DJI to establish Yushu Technology.
In the early days of starting a business, the robot circuit was not yet a hot topic, and Yushu Technology also faced financial pressure. In 2017, the company released the first four-legged robot Laikago (Laikago), but commercialization was not an easy path. Investors had concerns due to Wang Xingxing's grassroots background, but his emphasis on technology, products, and cost control was gradually recognized by the market.
With the development of artificial intelligence technology and the rise of the humanoid robot boom, Yushu Technology ushered in rapid growth. The 2025 Spring Festival Gala humanoid robot dance performance brought Yu Shu into the public eye. Since then, the company has received great attention from industrial capital and the market.
In the face of being sought after by the outside world, Wang Xingxing maintained his style as an engineer. He once said that technological breakthroughs in the field of robotics will take time, and excessive hype will put pressure on the industry. Compared to capital and brand exposure, he pays more attention to product development and commercial implementation.
Currently, Yushu Technology has formed a four-legged robot and humanoid robot product system, and released products such as the humanoid robot G1. As the company went public, Wang Xingxing also faced new challenges: how to grow from a technical expert to a listed company manager, and how to maintain a leading edge in an environment of increased competition in the robotics industry.
From manufacturing robots at low cost in the early years to now being at the helm of a 100 billion dollar company, Wang Xingxing is undergoing a transformation from a technology entrepreneur to an entrepreneur.
