DZUG (01635) rose more than 7%, with its A-shares hitting the daily limit-up. At the time of writing, the stock was up 7.91% to HK$4.23, with a turnover of HK$454 million. Public information shows that DZUG's core businesses primarily cover urban gas, environmental municipal services, and financial venture capital. The company is one of the major shareholders of Shenzhen Capital Group. Equity penetration data from industry insights reveals that DZUG directly holds a 10.8% stake in Shenzhen Capital Group, ranking fourth among all shareholders. Including indirect holdings, its total stake reaches 13.93%. Shenzhen Capital Group has numerous external investments, including two high-profile IPO-bound companies: Unitree Robotics and Moore Threads. Notably, Moore Threads recently disclosed its prospectus for an initial public offering on the STAR Market, with the preliminary inquiry date set for November 19 and the subscription date for November 24. Additionally, on November 15, regulatory filings showed that Unitree Robotics has completed its IPO and listing guidance process.