Unitree Robotics wins approval for a $619 million Shanghai IPO
On July 3, 2026, China's CSRC approved Unitree Robotics for a Shanghai STAR Market IPO set to raise about $619 million (4.2 billion yuan), with trading expected as early as late July 2026. Unitree shipped roughly 5,500 humanoid robots in 2025, around a third of the global market, and grew adjusted net profit about 674% year over year. It is one of the largest public-market bets yet on humanoid robots and embodied AI.