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Unitree Shares Extend Slide, Now Half Below IPO Peak
Unitree Robotics shares fell again on Wednesday, extending a slide that has erased more than half the stock's value since its blockbuster Shanghai IPO debut, reviving scrutiny of China's STAR Market listing mechanism.
Unitree sets US$9 billion Shanghai IPO as DeepSeek backs robotics expansion
Unitree priced its STAR Market listing at RMB 150.8 per share, valuing the company at RMB 61 billion and targeting RMB 6.1 billion in proceeds, with subscriptions opening August 10. DeepSeek is a strategic investor as Unitree pivots from quadrupeds to humanoids and invests heavily in growth.
AgiBot and Unitree Are Racing to Hong Kong and Shanghai With Opposite Bets on What Makes a Robot Worth Billions
AgiBot has confirmed its Hong Kong IPO process targeting a US$4.8-6.0 billion valuation, one day before Unitree opens STAR Market book-building at US$5.85 billion. The two companies represent divergent technology philosophies -- AgiBot bets on AI-first, Unitree on hardware-first -- and the market is about to price both simultaneously.
Unitree Robotics Opens Book-Building Tomorrow as China's First Profitable Humanoid Maker Seeks a US$6.2 Billion Valuation
Unitree Robotics opens STAR Market IPO book-building on August 5, 2026, seeking a floor valuation of RMB 42 billion (approximately US$5.85 billion) after completing a record 104-day review process. The company is China's first profitable humanoid robot manufacturer, with RMB 1.2 billion in 2025 revenue and positive net income, setting a pricing benchmark for the wave of humanoid robotics IPOs expected in the next 12 to 18 months.
Washington Just Locked Its Door to Chinese Humanoids, and Unitree Was Standing on the Porch
The FCC on July 28 barred new Chinese humanoid and quadruped robots and connected power inverters from the US equipment authorizations they need to be imported or sold, effective immediately upon publication. Already-authorized models stay legal for now. The move blocks Unitree's planned August North America launch and formalizes the robot trade's split into rival blocs.
Shimizu Corporation Tests Unitree Humanoid Robots for Construction Sites
Shimizu Corporation has initiated field trials of AI-powered humanoid robots, including models from Unitree, to address Japan's severe labor shortage in the construction industry.
Related Articles
A Humanoid Was Asked to Change a Light Bulb. NVIDIA's Flagship AI Tied a Robot Doing Nothing At All.
A new open benchmark called Fiatlux puts a Unitree G1 humanoid through climbing a ladder and replacing an overhead light bulb in one continuous episode. NVIDIA's flagship GR00T N1.7 model scored statistically the same as a policy that does nothing, and even expert human teleoperation could not complete the climbing subtasks, pointing to whole-body control, not AI reasoning, as the real bottleneck.
One Robot Vulnerability Got a Patch. The Other Got an IPO.
Universal Robots patched a critical, unauthenticated remote-code-execution flaw in its PolyScope 5 controller within a normal coordinated-disclosure cycle. A wormable Bluetooth exploit affecting Unitree's G1, H1, Go2, and B2 robots has gone unpatched for over a year, surviving the company's IPO and a return appearance at IFA Berlin. The gap between the two responses tracks who each company sells to, not how dangerous the machine is.
The Valuation Is the Least Useful Number in a Robotics SPAC Deck
PlusAI, Agility Robotics, XTEND AI Robotics, and Unitree all went public or announced going public within the same ten-day window. What each disclosed, or omitted, about current revenue and orders before the valuation headline is a better predictor of what buyers are getting than the deal size itself.
The Humanoid Industry's Rental Pitch Has a 0.6 Percent Problem
AgiBot just extended its humanoid rental program to seven Middle Eastern countries, the latest evidence that Robot-as-a-Service has become the industry's growth story. But UBTECH's newly filed H1 2026 results, the only audited numbers a major humanoid maker has published, show services revenue at just 0.6 percent of sales. Real revenue still comes from selling hardware, and Unitree's own filings tell the same story.
RoboGesture Teaches Humanoid Robots to Gesture While Speaking
Researchers from Peking University and Tsinghua University built RoboGesture, a framework that generates real-time, speech-synchronized gestures for humanoid robots, tested on a Unitree G1 ahead of ECCV 2026.
What Is a Quadruped Robot? Definition, Capabilities, and Where They Actually Work
A Unitree Go2 costs $1,600. A Boston Dynamics Spot costs $75,000. Both walk, climb stairs, and carry sensors. The 46-fold gap has almost nothing to do with locomotion. It has everything to do with what happens after the robot arrives.
ROBOTS BUILT BY UNITREE ROBOTICS
LEADERSHIP
Wang Xingxing (Founder / CEO / CTO)