The move sets the stage for a 33 billion yuan ($4.9 billion) share sale on Shanghai's Nasdaq-style STAR Market, that would rank among the market's biggest-ever offerings, the exchange said.

The memory-chip maker has completed its pre-IPO tutoring work, paving the way for a listing on the city’s STAR market as the company catches up with South Korean and U.S. rivals

Unitree shares decline as founder flags limits of humanoid robots, MiniMax launches new AI-native creation platform