Unitree Robotics Wins Approval for $618 Million STAR Market IPO

Unitree Robotics has won approval from China’s securities regulator for an initial public offering on Shanghai’s STAR Market, bringing one of the country’s most prominent humanoid robot makers closer to a public listing.

The China Securities Regulatory Commission said on Thursday that it had received the Shanghai Stock Exchange’s review opinion and Unitree’s registration documents, and approved the company’s IPO registration.