Unitree, the 'No. 1 humanoid' company, enters final stretch for IPO... subscription on the 10th of next month

Unitree, China’s No. 1 humanoid robot maker, is moving ahead with a STAR Market IPO in Shanghai.

The company plans to start bookbuilding on the 5th, set the offer price on the 6th, and begin subscription on the 10th next month.

It aims to raise about 4.2 billion yuan by issuing new shares equal to 10% of total equity.

Founder Wang Xingxing is expected to retain control after the listing.

Strong recent earnings growth and its claimed No. 1 global humanoid market share could boost sentiment toward China’s physical AI and robotics sector.