POLISCOPE
Back to feed
NewsWPLG Local 10 – Main FeedAugust 19, 2026Miami-Dade

Unitree humanoid robot maker completes Shanghai stock market debut

Unitree, a Chinese humanoid robot manufacturer, raised $904 million in its initial public offering (IPO) on the Shanghai Stock Exchange, with shares closing 460% higher on their first day of trading. The company plans to use the proceeds to fund research and development and expand its manufacturing base, despite facing potential sales impacts from a recent U.S. import ban on its new robot models.

roboticsstock marketinternational tradetechnologyChinaUnited States
Read the full story at WPLG Local 10 – Main Feed

Why It Matters

The IPO marks the first time a mainland Chinese humanoid robotics company has gone public, signaling significant investor interest in the sector and setting a potential valuation benchmark for other robotics firms.

Key Facts

  • Unitree raised approximately $904 million (6.1 billion yuan) in its IPO.
  • Shares were priced at $22.36 (150.80 yuan) and closed at $125.31 (845 yuan), a 460% increase.
  • Unitree is the first publicly traded humanoid robotics maker in mainland China.
  • Unitree reported $250 million (1.7 billion yuan) in revenue in 2025.
  • Over 40% of Unitree's 2025 revenue came from overseas markets.
  • The U.S. accounted for 13% of Unitree's revenue last year.
  • The U.S. Federal Communications Commission banned imports of new foreign-made humanoid and quadruped robots in July.
  • Unitree shipped over 5,000 robots last year, contributing to a global total of 15,000.
  • Global shipments of humanoid robots are estimated to reach 18,500 in the first half of 2026.
  • Proceeds from the IPO are earmarked for R&D and manufacturing base development.

Who's Mentioned

personWang Xingxing“Founder of Unitree.”organizationFederal Communications Commission“U.S. agency that banned imports of certain foreign-made robots.”organizationOmdia“Technology research and advisory group.”organizationUnitree“Chinese humanoid robot maker that recently went public.”organizationMorningstar“Investment research firm.”organizationUBTech“Another major Chinese humanoid robot maker.”locationShanghai Stock Exchange“The exchange where Unitree listed its shares.”