Agibot IPO valuation needs more data due to insufficient shipment samples

Zhiyuan announced it has started the process for an IPO in Hong Kong, claiming "No. 1 global shipments of general-purpose humanoid robots in 2025." This conclusion sparked discussion in investment circles and tech media, but as a quantitative researcher, I focus on data quality, statistical standards, and model verifiability. Currently, public information shows Zhiyuan hasn't disclosed specific absolute shipment figures, comparison baselines, statistical periods, or definition scopes. Without reproducible underlying data, any claim of being "No. 1" can only be treated as noise in quant models, not as a pricing factor.