Unitree Robotics Launches IPO on Shanghai's STAR Market, Becoming China's First Listed Humanoid Robot Maker

Unitree Robotics, a leading Chinese humanoid robot manufacturer, has officially opened subscriptions for its Initial Public Offering on Shanghai's STAR Market. The IPO is expected to value the company at approximately 61 billion yuan (about $9 billion) and makes Unitree the first mainland-listed pure-play humanoid robot maker, signaling significant investor interest in the robotics sector.