Unitree Fast-Tracks Shanghai IPO With Target Valuation of $6.2 Billion
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Unitree Robotics’ R1 humanoid robot is showcased at the Hangzhou Robotics Exhibition in Hangzhou on May 15, 2026. Photo: VCG
Chinese humanoid robotics startup Unitree Robotics is fast-tracking its initial public offering on Shanghai’s tech-focused STAR Market, seeking a valuation of roughly 42 billion yuan ($6.2 billion).
The Shanghai Stock Exchange’s listing committee will review Unitree’s application on June 1, just 73 days after formally accepting it on March 20, according to an exchange filing on Monday.
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- Unitree Robotics fast-tracks IPO on Shanghai’s STAR Market, seeking ~42 billion yuan ($6.2B) valuation.
- Listing committee review set for June 1, 73 days after application acceptance on March 20.
- Revenue surged to 1.17 billion yuan (9 months of 2025); net profit 105 million yuan; humanoid robots account for 51.5% of revenue.
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Who’s Who
- 英文名
- Chinese name: 宇树科技 English name: Unitree Robotics
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What Happened When
- 2023：
- Unitree Robotics launched its first humanoid robot.
- Full year 2024：
- Unitree Robotics reported revenue of 392 million yuan and turned profitable with a net income of 94.5 million yuan.
- 2025：
- Unitree Robotics performed on national television during the Lunar New Year gala; the humanoid robot segment accounted for 51.5% of total revenue in the first 9 months of 2025 while the company reported revenue of 1.17 billion yuan and net profit of 105 million yuan for the first three quarters of 2025.
- 2026：
- Unitree Robotics performed on national television during the Lunar New Year gala.
- March 20, 2026：
- Shanghai Stock Exchange formally accepted Unitree's IPO application.
- Monday, May 25, 2026：
- A Shanghai Stock Exchange filing disclosed details of the IPO application review schedule.
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