Chinese language robotics startup Unitree Robotics has utilized for an preliminary public providing on the Shanghai Inventory Alternate, aiming to lift round 4.2 billion yuan (approx $610 million).
The transfer comes as investor curiosity in humanoid robots continues to rise.
The Hangzhou-based firm plans to make use of the funds to enhance its AI fashions, develop new robotic merchandise, and develop its manufacturing capability.
Unitree has just lately gained robust public consideration in China. Its humanoid robots had been featured in a significant Spring Pageant TV occasion, the place they carried out complicated martial arts routines alongside human dancers, reports CNBC.
The IPO might grow to be one of many largest tech listings in China lately, supported by authorities efforts to spice up superior industries like robotics, AI, and automation.
335% in income development
Founder Wang Xingxing is firmly in management, with a 23.8 per cent direct fairness stake and practically 69 per cent of voting rights.
Financially, the corporate has seen speedy development. Its income rose 335% in 2025 to succeed in 1.71 billion yuan, whereas internet revenue jumped sharply by over 600%.
Humanoid robots have grow to be the principle driver of this development, contributing greater than half of whole income in 2025, up from round 28% the earlier 12 months.
Nonetheless, a shift towards extra reasonably priced fashions has barely diminished revenue margins, as Unitree focuses on scaling manufacturing and adoption.
At the moment, lots of Unitree’s robots are utilized in areas like enterprise reception, guided excursions, inspections, and light-weight manufacturing duties. Tour-guide functions alone make up a big portion of its enterprise.
Unitree shipped greater than 5,500 robots final 12 months, capturing over 32% of the worldwide humanoid robotic market.
Unitree humanoid robots, particularly the G1 and H2 fashions, are getting used to push the boundaries of AI-driven mobility and embodied AI, utilizing martial arts as a major check platform to display superior stability, agility, and sturdiness.
In early 2026, these robots had been featured in public performances executing complicated, coordinated martial arts routines (Kung Fu) in Beijing, showcasing their means to deal with dynamic actions and preserve stability
Who’re Unitree Robotics’ shareholder?
Exterior shareholders embrace Meituan, HongShan China (previously Sequoia China), and Matrix Companions China, holding about 9.6%, 7.1%, and 5.5% respectively, based on the report.
Main tech firms like Tencent, Alibaba, Ant Group, Xiaomi, and ByteDance have additionally invested, together with corporations like BYD and Geely, and state-backed funds from cities like Shanghai and Beijing.
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