Unitree Robotics IPO soars ~460% on Shanghai STAR Market debut
Confirmed
Importance: major (4 of 5)Status
- Claim
Confirmed
- Our reporting
- High confidence
- Importance
- Major (4 of 5)
- Last verified
- 29 September 2026
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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.
Sources
3 sources from 3 sites. Numbers match the chips in the text.
3 sources: 1 primary, 2 press
Primary
- Shanghai Stock Exchange / Global Times: Unitree kicks off STAR market IPO pricingenglish.sse.com.cn, official
Press
- Yahoo Finance: Unitree Robotics stock soars 460% in Shanghai IPO debutfinance.yahoo.com, press
- Gasgoo: Unitree launches STAR Market IPO issuanceautonews.gasgoo.com, press
Changes
- Filed