Unitree Robotics Files for $610 Million IPO on Shanghai Stock Exchange to Test Humanoid Robot Interest

Chinese startup Unitree Robotics has filed for an IPO on the Shanghai Stock Exchange, aiming to raise 4.2 billion yuan ($610 million). The company reported a 335% increase in operating income for 2025, with humanoid robots now representing 51.5% of its revenue. The IPO reflects China's push to lead in humanoid robotics and AI automation.

Published Mar 21, 2026

Unitree Robotics has filed an IPO application to raise 4.2 billion yuan ($610 million) on the Shanghai Stock Exchange. The company’s operating income increased by 335% year-on-year in 2025, reaching 1.708 billion yuan, with net profit rising by 674%.

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Humanoid robots are pivotal to Unitree, comprising 51.5% of revenue in early 2025. China aims to enhance humanoid robot deployment and AI in production, although real-world applications are currently limited. Unitree shipped over 5,500 units last year, capturing 32.4% of the global humanoid market.