The share price of Shanghai Dazhong Public Utilities (Group) Co., Ltd. hit another all-time high during trading. The company holds shares in Shenzhen Capital Group, which has invested in Unitree Robotics and Moore Threads.

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$DZUG (01635.HK)$The stock price hit another all-time high during the session, now up over 6% to HKD 4.89.

In terms of developments, Datong Public Utilities previously stated on an interactive platform that the company holds shares in Shenzhen Capital Group (SCGC), which, along with its funds, owns shares in Unitree Robotics. It is reported that Unitree Robotics is expected to submit its IPO application documents to the stock exchange in the fourth quarter of this year. Additionally, on September 26, information disclosed on the Shanghai Stock Exchange’s official website showed that Moore Threads’ STAR Market IPO application passed the review by the Listing Committee of the Shanghai Stock Exchange. After its establishment, Moore Threads received investments from multiple institutions, including SCGC.

Editor/Jeffy

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