# Unitree Robotics IPO tests China’s humanoid robot boom

2026-08-09T20:45:54+00:00 | World & Diplomacy | Indian Opinion Desk

Corroboration: 1 independent outlet

Unitree Robotics, the Hangzhou-based maker of humanoid and quadruped robots, has priced its initial public offering on the Shanghai Stock Exchange at about $22 per share, seeking to raise around $900 million at a valuation of roughly $9 billion, The New York Times reports. The company shipped more humanoid robots than any other manufacturer last year and generated $250 million in revenue in 2025, with sales quadrupling and the firm turning profitable. However, profit dropped 55% in the first quarter of 2026 due to competitive pressure and higher R&D spending, the Times reports. The IPO is the first by a humanoid robotics firm on mainland China's bourse and is seen as a key test of investor appetite for the sector. Chinese manufacturers shipped about 18,500 humanoid robots in the first half of this year against around 4,000 by US firms, giving China a production lead, Omdia estimates.

## Coverage

- hindustantimes.com <https://www.hindustantimes.com/business/chinas-humanoid-robots-are-moving-faster-unitree-ipo-puts-robot-boom-to-the-test-can-it-beat-the-us-101786294071042.html>
- ndtvprofit.com <https://www.ndtvprofit.com/markets/humanoid-ipo-race-why-unitree-is-leading-a-wave-of-chinese-robotics-firm-to-the-public-markets-11890144#publisher=newsstand>

Tags: China, humanoid robots, IPO, robot industry, Unitree Robotics, US competition
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