Chinese robotics company Unitree made a striking public-market debut on Shanghai’s STAR Market.
Its shares climbed as much as 629% during the first day of trading before closing at 845 yuan, around 460% above the IPO price of 150.80 yuan.
Unitree raised approximately 6.1 billion yuan ($904 million) through the IPO and plans to use the proceeds for research and development and expanding manufacturing capacity.
The company develops humanoid and four-legged robots and reported roughly 1.7 billion yuan in revenue for 2025.
The strong debut reflects growing investor enthusiasm around humanoid robotics and its potential role in the future of AI.
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