Unitree Robotics (宇树科技) is on track for a sizeable public offering, one that will make it the first humanoid robotics company listed on China’s A-share market. The news comes with other records: Unitree got the fastest IPO approval on the Shanghai stock exchange’s science and tech sector (STAR), a record that shows just how keen Beijing is to back domestic tech firms.
Unitree’s IPO was approved on 1 June with an agreement to issue at least 40.4 million new shares – pricing yet to be stated. Its reason for raising capital is research, more hands-on product and hardware development, and the opening of new facilities. To see these aims through Unitree hopes to raise 4.2 billion yuan (about US $618 million).
Over 73 days of review, regulators dug into the commercialisation prospects of Unitree’s robots, industry trends, and the company’s embodied AI research road map to understand if the company posed a risk to investors. It went well. Now all Unitree needs to do is submit its IPO registration to the China Securities Regulatory Commission. Once done, the can begin pricing its offering and let the selling begin.
Who is Unitree?
You’ve seen them before. We don’t doubt it. They gained serious attention world-wide over the past year – first at the World AI Conference (WAIC) where their humanoid robots shocked and awed with their ability to run and do kung fu.
Before that they were focussed on robotic dogs and became one of the first companies to put quadruped robots to market. Their latest big moment was at the 2026 Spring Festival Gala when their trademark humanoids made a return to the festive stage. This time talk was on how much the tech had advanced. While at WAIC and the previous year’s gala the robots were impressive but a little stiff, in 2026 movement was slick, fast, and made the bots began to look increasingly capable.
Humanoid robotics is still a small market, and one without an obvious application. Nonetheless Unitree has managed to turn a profit since 2024 and posted RMB 1.7 billion (about US$240 million) in 2025. They are certainly a Chinese company to watch.
