Unitree Robotics debuted today on the Shanghai Stock Exchange, in a session where China's best-known humanoid robot manufacturer's actions were rising 629.4%.
© Lusa
19/08/2026
by
Lusa
Lusa
This was the first initial public offer from a company in this sector in mainland China, although not the first in the country, since UBTech Robotics debuted on the stock exchange of the Hong Kong semi-autonomous region in 2023.
The operation assesses Unitree at around EUR 7.8 billion. According to the Value Add VC portal, this only puts it behind two US rivals: 1X Technologies, supported by OpenAI (which developed ChatGPT), and Figure AI, which has the support of Nvidia and Microsoft.
The company indicated that almost half of the amount raised will be devoted to the research and development of intelligent models for robots, as well as investments in robotic bodies, new products and the construction of an intelligent manufacturing center.
Technology gained notoriety inside and outside China for the public demonstrations of its humanoid robots, including participations in the traditional Lunar New Year television gala of the Chinese state station CCTV.
On Monday, Unitree presented a new model, called “Superman”, able to jump to a height of two meters and run at 12.7 meters per second, which “overcomes all human records”, despite being in development for “a little more than three months” and therefore “still have plenty of room to improve”.
The company warned that the large-scale marketing of the new model may “take longer than expected”, since robotic hands are not yet accurate or durable enough.
Founded in 2016 and headquartered in Hangzhou, eastern China, Unitree develops quadruped and humanoid robots. The company is currently the world's largest seller of humanoid robots, which already represent more than half of its revenues, and also produces components such as robotic hands, collaborative arms and sensors.
The Chinese press stressed that 90% of Unitree's supply chain is in China, a country that considers advanced technologies and industrial applications of artificial intelligence as a strategic sector.
The Chinese Government claims that by 2025 more than 140 Chinese companies had launched more than 330 humanoid robot models.
In July, the United States banned the importation of humanoid robots manufactured abroad, alleging national security issues, a measure that mainly affects Chinese companies.