China’s Unitree Robotics rides humanoid tide as it targets US$610m IPO

South China Morning PostCenter-RightEN 1 min read 100% complete by Wency ChenMarch 20, 2026 at 02:00 PM

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Unitree Robotics, a Chinese robotics company specializing in quadruped and humanoid robots, has filed for a $610 million IPO on Shanghai's Star Market. The company's revenue surged 335% to 1.71 billion yuan in the past year, driven by increasing interest in embodied AI. Unitree plans to use the IPO proceeds to develop robot bodies, AI models, and manufacturing facilities. Between 2022 and September 2025, Unitree shipped over 30,000 quadruped robots and 5,500 humanoid robots, claiming the top global ranking for humanoid robot deliveries. Humanoid robots accounted for over half of the company's revenue in the first nine months of last year.

Key Entities & Roles

Key Player Opposition Context

Hangzhou 50% Star Market 60% Shanghai ×270% United States 70% China 80% Unitree Robotics ×590%

Keywords

unitree robotics 100% humanoid robots 90% ipo 80% quadruped robots 70% embodied intelligence 70% artificial intelligence 60% robotics 60% revenue 50% star market 40%

Sentiment Analysis

Positive

Score: 0.40

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Source

South China Morning Post

Political Lean

Center-Right (0.50)

Far LeftCenterFar Right

Classification Confidence

90%

Geographic Perspective

China

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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