Unitree Technology has officially listed on the STAR Market, drawing participation from several high-profile institutions. DeepSeek, High-Flyer Quant and Jiuzhang Assets, all under Liang Wenfeng, were allocated a combined roughly 1.1916 million shares through strategic placement and offline IPO subscriptions. Based on the opening price, those holdings were sitting on more than 1.1 billion yuan in unrealized gains, underscoring strong investor demand around the debut.