Unitree Robotics kicks off STAR Market IPO with up to 109b yuan valuation

Unitree Robotics, one of China's leading humanoid robot manufacturers, has begun the pricing phase of its initial public offering on Shanghai's STAR Market. Reports indicate the company's valuation could exceed 109 billion yuan, making it one of the largest robotics listings on the exchange. The IPO is expected to give Unitree significant capital to expand R&D, scale manufacturing capacity, and strengthen its position in the global humanoid robot market. Buyers sourcing humanoid robots from China should track this closely, as a publicly listed Unitree may offer greater production stability, longer-term support, and expanded product lines.