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Unitree gearing up for IPO; Shanghai review next week
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.
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caixinglobal.com
Unitree Fast-Tracks Shanghai IPO With Target Valuation of $6.2 Billion
The robotics startup plans to raise about 4.2 billion yuan on Shanghai’s STAR Market, with humanoid machines now its largest revenue source
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scmp.com
Ahead of IPO review, Unitree Robotics filing shows first-quarter profits plunged
A filing shows adjusted profit fell 53 per cent, even as revenue continued to rise, highlighting tough competition in humanoid robot sector.
