# Chinese Robot Maker Unitree Wins Approval for $619 Million Shanghai IPO

*2026-07-05 10:02 UTC · Business · 1 min read*

> China cleared humanoid-robot maker Unitree for a $619 million Shanghai IPO, setting up mainland China's first major humanoid-robotics stock listing.

China's securities regulator approved humanoid-robot maker Unitree Robotics for a listing on Shanghai's STAR Market, clearing the company to raise roughly 4.2 billion yuan ($619 million). The approval, confirmed July 3, 2026, is valid for 12 months and lets Unitree begin underwriting, pricing and share subscriptions, with a debut possible as early as late July.

Unitree, founded in Hangzhou in 2016 by engineer Wang Xingxing, plans to sell at least 40.4 million shares — a stake of roughly 10% — implying a total valuation near 42 billion yuan ($6.2 billion). The company has been profitable since 2020 and posted about 1.7 billion yuan in revenue in 2025.

The listing would make Unitree mainland China's first major humanoid-robotics IPO, ahead of rivals AgiBot and EngineAI, which are also pursuing public listings. Unitree markets itself as a top global shipper of humanoid units, a ranking AgiBot disputes.

## Sources

- [thenextweb.com](https://thenextweb.com/news/unitree-shanghai-ipo-approval)
- [finance.yahoo.com](https://finance.yahoo.com/technology/articles/chinese-robot-maker-unitree-wins-052743978.html)

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TechTools News · https://techtools.cz/tools/news/article/1950-chinese-robot-maker-unitree-wins-approval-for-619-million-shanghai-ipo
Česká verze: https://techtools.cz/tools/news/clanek/2023-cinsky-vyrobce-robotu-unitree-ziskal-souhlas-pro-ipo-v-sanghaji-za-619-milionu