A 5 billion yuan bet on China’s humanoid ‘brain’ race
A price-to-sales multiple near 200 times The other side of the headline matters. Public figures put Qianxun’s 2026 revenue target at about 100m yuan on roughly 200 units. A 20bn yuan valuation against 100m yuan of sales is a price-to-sales ratio close to 200 times. A company just starting to earn revenue is being priced … Read more