Visitors record a humanoid robot performance staged at the booth of Unitree Robotics during a high-tech expo in Beijing on March 20. TANG KE/FOR CHINA DAILY
Chinese humanoid robot maker Unitree Robotics will face Shanghai's listing committee next week for its planned STAR Market initial public offering, as the company reported surging revenue growth, expanding margins and accelerating overseas deployment of its products.
The Shanghai Stock Exchange said it would meet on Monday to review Unitree's IPO application, formally moving one of China's highest-profile robotics startups closer to a public listing.
Unitree simultaneously disclosed updated 2025 financial data, showing revenue rose to about 1.7 billion yuan ($236 million), as China's humanoid robotics sector draws growing investor attention amid a global race to commercialize embodied artificial intelligence.
The Hangzhou, Zhejiang-province based firm said gross margin from its core business climbed to 60.13 percent in 2025, up nearly 16 percentage points from 44.22 percent in 2023, helped by increasing vertical integration and in-house manufacturing. Unitree said more than 90 percent of its core components are now self-developed and self-produced.
