Unitree Robotics launches Shanghai IPO to become first mainland humanoid robot maker
Unitree Robotics, a Hangzhou-based manufacturer specializing in quadruped and humanoid robots, has launched its initial public offering (IPO) on the Shanghai Stock Exchange’s STAR Market. The company priced its shares at 150.8 yuan each, aiming to raise approximately 6.1 billion yuan ($904 million). This move positions Unitree as the first mainland-listed humanoid robot manufacturer.
Founded in 2016 by Wang Xingxing, Unitree has seen significant growth, with revenue reaching nearly 1.7 billion yuan in 2025. Unlike many competitors in the robotics sector, the company is profitable, reporting an adjusted net profit of approximately 600 million yuan. Its product lineup includes the G1, H1, and R1 humanoid models, as well as widely used quadruped robots.
The IPO has seen intense investor interest, with retail subscriptions being heavily oversubscribed. Strategic investors include DeepSeek, which acquired a 2.31% stake, and Tencent, which holds a 2.23% stake. Other participants in the strategic placement include the National Social Security Fund and various industrial capital groups. The company intends to use the raised capital to advance research in embodied AI, humanoid robot development, and the construction of new manufacturing bases.
Entities
DeepSeek · Shanghai Stock Exchange · Tencent · Unitree · Unitree Robotics · Wang Xingxing
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 10 SOURCES] The company's post-IPO market capitalization is estimated at approximately 61 billion yuan. abmedia.io · www.ithome.com · news.cnyes.com · www.cnnbrasil.com.br · digitalphablet.com · +5 more
- [● 20 SOURCES] The company aims to be the first mainland-listed humanoid robot manufacturer. mix929.com · sputniknews.cn · srnnews.com · wixx.com · wkzo.com · +14 more
- [● 21 SOURCES] Unitree Robotics has priced its Shanghai initial public offering at 150.8 yuan per share. mix929.com · sputniknews.cn · srnnews.com · wixx.com · wkzo.com · +16 more
- [● 4 SOURCES] DeepSeek is a strategic investor in Unitree Robotics, acquiring a 2.31% stake. abmedia.io · apollo-news.net · www.edigest.hk · www.chinesepress.com
- [● 16 SOURCES] Unitree Robotics reported a revenue of nearly 1.7 billion yuan in 2025. mix929.com · wdez.com · jack1065.com · srnnews.com · wixx.com · +11 more
- [● 7 SOURCES] The company's 2025 humanoid robot shipments exceeded 5,500 units. sputniknews.cn · apollo-news.net · www.dimsumdaily.hk · www.edigest.hk · www.ithome.com · +2 more
- [● 3 SOURCES] Tencent is a strategic investor in Unitree Robotics, acquiring a 2.23% stake. abmedia.io · apollo-news.net · www.edigest.hk
- [● 17 SOURCES] The company seeks to raise approximately 6.1 billion yuan ($904 million). mix929.com · sputniknews.cn · srnnews.com · wixx.com · wkzo.com · +11 more