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IPO Review for Humanoid Robots Tightens: The Capitalization Wave Meets a Rational Recalibration

IPO review standards for the humanoid robot and embodied intelligence sectors are continuing to tighten, with regulatory focus shifting to three substantive verifications: revenue authenticity, commercialization sustainability, and independent core technology capability. Some companies with pending applications have received supplementary verification inquiries and must further justify product deployment scenarios and customer repurchase logic, slowing their listing pace. Leading companies with full-stack in-house development capabilities that have secured stable bulk orders in industrial, research, and commercial scenarios still have a basis for listing, while companies relying on prototype demonstrations and externally purchased core components will see their listing timelines lengthen significantly.

Part of the event: IPO Review for Humanoid Robots Tightens, Regulation Shifts Toward Substantive Verification

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