# Chinese Robot Maker Unitree Surges 460% in Shanghai Stock Debut, Hits $66 Billion Valuation

*2026-08-20 10:01 UTC · Business · 1 min read*

> Unitree's Shanghai trading debut sent its stock up 460%, lifting the humanoid robot maker's valuation to $66 billion, above Baidu and JD.com.

Shares of Unitree, China's best-known humanoid and quadruped robot maker, surged as much as 629% and closed up 460% on their Wednesday debut on Shanghai's STAR Market, a Nasdaq-style board for tech companies. The rally pushed Unitree's valuation to roughly $66 billion, up from the $9 billion it was assigned when it priced its IPO.

The Hangzhou-based company, founded in 2016 by Wang Xingxing, raised about 6.1 billion yuan ($904 million) in the offering, which was oversubscribed more than 8,000 times, a record for the STAR Market. Unitree posted 1.7 billion yuan ($252 million) in revenue and 600 million yuan ($89 million) in profit in 2025, with 45% of sales coming from overseas.

The surge puts Unitree's market value ahead of established Chinese tech giants Baidu and JD.com, and above U.S. rival Figure AI's $39 billion valuation. Chinese firms now account for 97% of global humanoid robot shipments in the first half of 2026, though Unitree still faces a July 2026 U.S. ban on foreign-made robots and a Pentagon designation as a "Chinese military company."

## Sources

- [fortune.com](https://fortune.com/2026/08/19/unitree-china-dancing-robots-ipo-trading-surge-valuation/)
- [cnn.com](https://www.cnn.com/2026/08/18/tech/china-unitree-ipo-intl-hnk)

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TechTools News · https://techtools.cz/tools/news/article/2221-chinese-robot-maker-unitree-surges-460-in-shanghai-stock-debut-hits-66-billion
Česká verze: https://techtools.cz/tools/news/clanek/2294-cinsky-vyrobce-robotu-unitree-vyskocil-na-burze-v-sanghaji-o-460-hodnota-firmy