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Unitree Technology issues announcement: urgent risk warning!

Unitree Technology issued a stock trading abnormal fluctuation announcement on the evening of October 20, warning that the cumulative deviation of its stock price over three consecutive trading days exceeded 30%. On October 20, the stock closed at 526.03 yuan per share, with a market value of 212.8 billion yuan and a rolling price-to-earnings ratio of 388.25 times, higher than the industry average of 39.51 times. The company stated that there is no major undisclosed information that should be disclosed and that its operations are normal. The announcement warned that the humanoid robot industry is still in the early commercialization stage, and if large-scale commercialization falls short of expectations, there is an investment risk of valuation regression.

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