China’s most recognizable robotics company just got the green light to go public. Unitree Robotics received final approval from the China Securities Regulatory Commission on July 3, 2026, for a listing on the Shanghai STAR Market that aims to raise approximately 4.2 billion yuan, or around $619 million.
What the numbers actually look like
Unitree reported revenues of 1.699 billion yuan (roughly $250 million) for fiscal year 2025, alongside a net profit of 278 million yuan, or about $41 million.
The more interesting data point is the revenue mix. Humanoid robots accounted for 51.5% of Unitree’s revenue in the first nine months of 2025, up from 27.6% in all of 2024. The company shipped over 5,500 humanoid robots in 2025.
The IPO structure calls for the issuance of at least 40.45 million shares, representing a minimum 10% stake in the company. Proceeds are earmarked for AI model research, robot body development, new product lines, and construction of a smart manufacturing base.
