Unitree Robotics will undergo a Shanghai Stock Exchange listing committee review on June 1 for its proposed IPO. The company seeks to raise RMB 4.2 bi…

The robotics startup plans to raise about 4.2 billion yuan on Shanghai’s STAR Market, with humanoid machines now its largest revenue source

A filing shows adjusted profit fell 53 per cent, even as revenue continued to rise, highlighting tough competition in humanoid robot sector.