"To put it jokingly, we used to make 'dogs,' but today we can finally make 'humans'," said Zhu Qiuguo, founder and CEO of Yun Shen Chu Technology, humorously summarizing his team's years of effort in describing the company's technological leap from quadrupedal robots to humanoid robots.

On December 25th, according to multiple media reports, Yun Shen Chu Technology completed a pre-IPO funding round worth several billion yuan, led by the National Artificial Intelligence Industry Fund with JD.com participating as a co-investor. Just one day prior, the China Securities Regulatory Commission (CSRC) website disclosed that Yun Shen Chu Technology had completed its IPO counseling filing on December 23rd.

Following Qunkee Technology and Yushu Technology, Yun Shen Chu Technology becomes the third company among the "Hangzhou Six Little Dragons" to initiate an IPO process.

Yun Shen Chu Technology's capital activities have been intensive and rapid this year.

Less than a month ago, the company announced the completion of a Series C funding round exceeding 500 million yuan, jointly led by CMB International and China Asset Management, with participation from several institutions including funds affiliated with China Telecom and China Unicom. According to Qichacha data, since its inception, Yun Shen Chu Technology has undergone a total of 10 funding rounds.

This latest Pre-IPO round introduces national-level capital and significant industrial investors, demonstrating strong market confidence in its development prospects.

Based on the IPO counseling filing report, Yun Shen Chu Technology plans to submit its counseling acceptance application to the Zhejiang Securities Regulatory Bureau between April and June 2026, making final preparations for its initial public offering.

The company's controlling shareholder and actual controller is Zhu Qiuguo, who directly holds 16.39% of shares and indirectly holds 10.74% through an employee stock ownership platform. Acting in concert with the company's CTO, Li Chao, they collectively control 32.6% of the company's shares.

Zhu Qiuguo's reference to moving from making "dogs" to "humans" accurately reflects the evolution of Yun Shen Chu Technology's product line. The company first gained fame for its quadrupedal robots (commonly known as "robotic dogs") and has now successfully launched humanoid robot products.

In April 2025, Yun Shen Chu Technology launched the world's first wheel-legged robot designed for complex terrain for industrial applications, the Lynx M20. This product combines the speed of wheeled robots with the flexibility of legged robots, enabling it to handle extreme working environments.

In October, the company introduced the world's first industrial-grade, all-weather humanoid robot, the DR02, which boasts an IP66 protection rating and wide-temperature operational capability, breaking the limitation of humanoid robots being usable only in controlled environments.

According to a report by International Data Corporation (IDC), in the 2024 global quadrupedal robot market, Yun Shen Chu Technology ranked second with an 18.9% market share by sales volume, trailing only another Chinese company, Yushu Technology.

Zhu Qiuguo previously revealed that the company's revenue in 2024 increased by over 100% year-on-year, and it is projected that robot shipments will reach the 10,000-unit level in 2025.

Transitioning from the laboratory to industrial application is a chasm that many technology companies must cross. Yun Shen Chu Technology converts robotic technology into practical productivity by deeply cultivating industrial applications.

In the field of power inspection, the company's robotic dogs have been deployed in nearly thirty substations of the China Southern Power Grid, helping to reduce operational and maintenance costs by approximately 70% and improve operational efficiency by over 50%.

In the security patrol sector, the robotic dog security patrol solution deployed by the company at the Chengzhong Branch of the Xining Public Security Bureau in Qinghai Province has significantly enhanced the efficiency and safety of patrol duties.

At the Yiwu International Trade Market, known as the "World Supermarket," the Jueying X30 robotic dog serves as a "mobile security station," taking on responsibilities such as patrolling key areas and identifying fire hazards, becoming the market's first "24/7" technological security guard.

In the Hoh Xil uninhabited area at an altitude of 4,600 meters, the company's robotic dog transformed into the "world's first robotic Tibetan antelope," infiltrating herds of Tibetan antelopes and moving with them during migration to provide data support for wildlife research.

Yun Shen Chu Technology's business footprint already covers all 34 provincial-level administrative regions in China and 44 countries and regions overseas.

In the extreme beach environment of the NEOM future city in Saudi Arabia, the Jueying X30 robotic dog established Saudi Arabia's first fully automated outdoor inspection system, completely replacing manual inspections in high-risk environments.

At a large warehouse park in North America, the integration of Yun Shen Chu Technology's robotic dogs with an intelligent security platform achieved full-process automation of "perception-analysis-decision-action" within the warehouse environment, enhancing monitoring capabilities and emergency response speed.

The strategic cooperation with JD.com has opened new market opportunities for Yun Shen Chu Technology. During the 2025 "Double Eleven" shopping festival, the company's new dexterous intelligent robotic dog, the Jueying Lite3, equipped with JD.com's JoyInside, launched on the JD.com platform, marking a key milestone in the transition of Yun Shen Chu's robotic dogs from "research-grade" to "consumer-grade."

Yun Shen Chu Technology, together with Yushu Technology, Game Science, BrainCo, DeepSeek, and Qunkee Technology, are collectively known as the "Hangzhou Six Little Dragons." These six rapidly growing tech unicorns are becoming new name cards for Hangzhou's innovation economy.

Currently, three of these six companies have clearly embarked on the IPO sprint: Qunkee Technology (Kujiale) is aiming for a Hong Kong listing; Yushu Technology completed its IPO counseling in November 2025; and Yun Shen Chu Technology has just initiated its counseling process.

This year, Yun Shen Chu Technology successively completed its joint-stock reform, multiple funding rounds, and its IPO counseling filing, drawing a perfect conclusion for 2025.

From a laboratory by West Lake to markets in 44 countries and regions worldwide; from quadrupedal robots to humanoid robots; from technological breakthroughs to commercial implementation, the path traversed by Yun Shen Chu Technology is a microcosm of the rise of China's hard tech companies.

As Zhu Qiuguo and his team knock on the door of the capital market, the story of the robotics era is just turning to a new page.