Chinese robot maker Unitree seen worth over $7.4 billion after IPO, Citic says - The Economic Times

Unitree Technology expects a valuation exceeding fifty billion yuan after its Shanghai IPO. The robot maker aims to raise funds for innovation and production expansion. This listing occurs amid heightened tech rivalry between China and the United States. Washington has recently restricted advanced foreign-made robots from U.S. sales. Unitree will set its IPO price soon and accept investor subscriptions.

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