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Unitree Robotics announced that the Chinese robotics startup plans to go public in the fourth quarter of this year.
The company shared on social media that they are actively preparing for their initial public offering. They anticipate submitting their filing documents to the stock exchange between October and December 2025, at which point their operational data will be officially disclosed.
Approximately 65 percent of Unitree’s sales come from quadruped robots, 30 percent from humanoid robots, and the remaining 5 percent from component products. Based in Hangzhou, the company noted that about 80 percent of their quadruped robots are utilized in research, education, and consumer markets, with the remaining 20 percent used in industrial applications like inspection and firefighting. All humanoid robots are dedicated solely to research, education, and consumer sectors.
As of July 18, the China Securities Regulatory Commission indicated that Unitree had engaged Citic Securities as an advisor for their IPO.
Founded in August 2016, the company has registered capital of approximately CNY 364 million (around USD 51 million). The founder and CEO, Wang Xingxing, who also serves as the legal representative, owns nearly 35 percent of the company both directly and through other avenues.
Investors include Meituan, Tencent Holdings, Alibaba Group, HongShan Capital Group, Matrix Partners China, Beijing Robot Industry Development Investment Fund, and Shenzhen Capital Group. Its recent valuation surpassed CNY 10 billion (roughly USD 1.4 billion).
Since gaining popularity earlier this year, several stocks associated with or suspected to be connected to the company experienced significant surges. Some listed firms officially denied partnerships with Unitree or clarified that their dealings accounted for only a small portion of their business, while other companies confirmed collaborations.
For example, Zhongji Innolight stated it does not directly hold shares in Unitree, but a fund in which it has invested owns a stake. Its stock has more than tripled so far this year.
Digital China Group announced a partnership with Unitree involved in selling robotics products and providing industry-specific application solutions for sectors such as energy, emergency services, petrochemicals, mining, and transportation. Its shares have increased by 22 percent this year.
Shenzhen Huaqiang Industry revealed in late July that it had established a partnership with Unitree; however, the related business activities are still in development, and the scope of the collaboration has yet to expand. Since January, its stock has risen by 24 percent.
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