Unitree Robotics IPO soars ~460% on Shanghai STAR Market debut
Unitree, the world's largest humanoid-robot shipper, debuted on Shanghai's STAR Market on 2026-08-19; priced at ¥150.80, shares jumped as much as ~630% intraday and closed up ~460% at ¥845, valuing it around $50B and making it the first humanoid-robot stock on China's A-share market.
Key facts
- IPO price ¥150.80/share; raised ¥6.1B (~$905M); 10% float (~40.45M new shares)
- Day one: intraday high ~+630%, close ~+460% at ¥845; valuation ~ $50B
- 2025 revenue ¥1.70B (vs ¥392.8M in 2024); 2025 net profit ¥278.2M
- Shipped >5,000 humanoid robots in 2025; overseas sales 44% of 2025 revenue
- Yahoo Finance report lists DeepSeek and Tencent among investors
What happened
Unitree published its prospectus on July 30, priced on August 6, and listed on August 19. The debut far exceeded the average 2026 China IPO first-day gain (279%).
Why it matters
The listing puts a public-market price on the humanoid boom and gives China's leading low-cost humanoid maker capital to scale; Unitree's founder targeted 10,000-20,000 humanoid shipments in 2026.
Changelog
- 2026-09-29: created
Related events
- Honor's humanoid 'Flash' wins Beijing robot half-marathon in 50:26, beating human world record ★★★
- Unitree open-sources UnifoLM-WLA-1.0 humanoid foundation model (Apache-2.0) ★★★
Sources (3)
- pressYahoo Finance: Unitree Robotics stock soars 460% in Shanghai IPO debut
- officialShanghai Stock Exchange / Global Times: Unitree kicks off STAR market IPO pricing
- pressGasgoo: Unitree launches STAR Market IPO issuance
id: 2026-08-19-unitree-ipo-star-market · updated 2026-09-29 · open in the interactive timeline