started · updated
Unitree Robotics surges in Shanghai IPO debut FAST-MOVING
Unitree Robotics, a Hangzhou-based manufacturer of humanoid and quadruped robots, made a major debut on the Shanghai Stock Exchange's STAR Market on August 19, 2026. The company raised approximately 6.1 billion yuan (US$904-905 million) through its initial public offering, marking it as the first humanoid robot maker to be listed on mainland China's stock market.
Investor demand was exceptionally high, with retail subscriptions exceeding the available shares by more than 8,000 times. Following the debut, shares surged by over 600%, rising from an IPO price of 150.8 yuan to 1,100 yuan, bringing the company's valuation to approximately 61 billion yuan.
Unitree, founded in 2016 by Wang Xingxing, has become a significant player in the global robotics market, shipping over 5,500 humanoid robots last year. The company recently unveiled a new humanoid model named 'Superman,' which is capable of running at 12.66 meters per second and jumping up to 2 meters high. The listing highlights growing investor interest in 'embodied AI' and China's strategic push to lead in advanced robotics and artificial intelligence technologies.
Entities
DeepSeek · Hangzhou · STAR Market · Shanghai Stock Exchange · Unitree · Unitree Robotics · Wang Xingxing
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 2 SOURCES] Unitree reported a net profit of 278 million yuan in 2025. thefrontierpost.com · www.upday.com
- [● 4 SOURCES] The retail portion of the IPO was oversubscribed by more than 8,000 times. forbes.cz · www.notizie.it · www.upday.com · gulfnews.com
- [● 3 SOURCES] The company's new humanoid robot, named 'Superman', can run at speeds of 12.66 meters per second and jump up to 2 meters high. forbes.cz · cafef.vn · gulfnews.com
- [● 3 SOURCES] The company's valuation reached approximately 61 billion yuan following the listing. www.businesstimes.com.sg · www.dimsumdaily.hk · gulfnews.com
- [● 10 SOURCES] Unitree Robotics raised 6.1 billion yuan (approximately US$904-905 million) in its initial public offering. www.businesstimes.com.sg · forbes.cz · internet.cnmo.com · cafef.vn · www.dimsumdaily.hk · +4 more
- [● 2 SOURCES] Unitree shipped more than 5,500 humanoid robots last year. thefrontierpost.com · www.upday.com
- [● 5 SOURCES] The company's shares rose by over 600% during its Shanghai debut, reaching 1,100 yuan from an IPO price of 150.8 yuan. www.businesstimes.com.sg · internet.cnmo.com · cafef.vn · www.notizie.it · thefrontierpost.com
- [● 9 SOURCES] Unitree is the first humanoid robot maker to be publicly traded on mainland China's stock market. www.businesstimes.com.sg · forbes.cz · internet.cnmo.com · cafef.vn · www.dimsumdaily.hk · +3 more