Chinese technology creator Unitree Robotics has revealed plans to go public on the Shanghai Stock Exchange’s tech-centred STAR market.
In a social media post on Sept. 2, the company said it expected to submit the necessary filing documents to the exchange during this year’s fourth quarter. Unitree is aiming to have a US$7-billion-dollar valuation after making its debut. A potential timeline for when the public listing would occur was not made known.
Unitree has already established itself as profitable company, raking in over US$141 million in revenue per annum. The robot manufacturer has been pioneering dog-like quadruped and humanoid robots since its founding in 2016. It is currently China’s leader in the field.
Its founder, Wang Xingxing, recently became one of the youngest AI leaders on the TIME100 AI List at only 35 years of age. He was listed alongside major influences like Elon Musk, Sam Altman, Jensen Huang, Mark Zuckerberg and Masayoshi Son.
At this year’s World Humanoid Robot Games in Beijing, the robotics expert took home four gold medals for the admirable performance of its robots in a series of obstacle and track races.
These automatons have several advanced features, including remote control capabilities at distances up to 30 metres, obstacle avoidance and artificial intelligence integration. The humanoid robots can fight, use LiDAR tech for depth perception and environmental scanning and complete useful tasks in industrial settings.
The quadrupeds are utilized for surveillance, carrying heavy items or equipment over rough terrain and search and rescue purposes. They can also perform triple backflips, which is pretty cool.
🚨Chinese robot maker Unitree just filed for a $7B IPO with >$140M in revenue making it the biggest public humanoid robot company.
65% of its revenue comes from robot dogs (70% global market share) and 30% from humanoids.
China’s engineering society just continues to build. pic.twitter.com/8Hr84nHdpg
— Deedy (@deedydas) September 8, 2025
Read more: Swiss robotic dogs are now climbing up stairs to deliver fast food
Unitree among inner circle of Chinese tech leaders
Chinese leader Xi Jinping met with Xingxing and other leading influences in an exclusive meeting this February.
The select group also included Alibaba Group Holding Ltd – ADR (NYSE: BABA) (LON: 0HCI) founder Jack Ma, Huawei CEO Ren Zhengfei, representatives from DeepSeek, BYD Company ADR (OTCMKTS: BYDDY) and battery maker Contemporary Amperex Technology Co Ltd (SHE: 300750).
Jinping praised Unitree for its progress in the robotics field at the Great Hall of the People in Beijing. The formal event was held as a show of support for China’s private sector and was intended to address the ongoing tech rivalry with the United States.
In addition to robotics, AI and semiconductors were key themes of the gathering. Approximately 45 Chinese technology executives were in attendance.
Read more: Humanoid robots smash each other’s circuits at inaugural Beijing contest
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