Unitree to list in Shanghai Aug 19 after $905 mln IPO
This digest was compiled by AI from multiple sources — links to the originals are below.
Unitree, the world's largest humanoid robot maker by sales, will begin trading on the Shanghai STAR Market on Aug 19 after raising 6.1 billion yuan ($905 million) in an IPO that was more than 8,000 times oversubscribed. The World Robot Conference will open in Beijing the same day, with more than 300 companies expected to showcase over 2,000 exhibits. The second World Humanoid Games are scheduled for Aug 22-26 at the Ice Ribbon arena.
Key Facts
- Unitree raised 6.1 billion yuan ($905 million) in its Shanghai STAR Market IPO, which was more than 8,000 times oversubscribed by retail investors.
- More than 300 companies are expected at the World Robot Conference in Beijing from Wednesday through Sunday, showcasing over 2,000 exhibits and launching more than 150 products.
- The second World Humanoid Games will run Aug 22 to 26 at Beijing's Ice Ribbon arena, with 51 disciplines, 1,301 matches, 666 teams and 2,056 robots from 16 countries.
- Unitree founder Wang Xingxing is scheduled to address the World Robot Conference main forum on Thursday.
Unitree's Shanghai Debut
Unitree, the world's largest humanoid robot maker by sales, will become the first humanoid robot maker to list in mainland China when its shares begin trading on the STAR Market in Shanghai on Aug 19. The Hangzhou-based company raised 6.1 billion yuan ($905 million) in its initial public offering, which was more than 8,000 times oversubscribed, a record for the tech-focused bourse seen as China's version of the Nasdaq. Unitree founder Wang Xingxing will address the World Robot Conference main forum in Beijing on Thursday. Other Chinese android makers UBTECH and Dobot trade in Hong Kong, while Agibot is pursuing an IPO there.
World Robot Conference
More than 300 companies are expected at the World Robot Conference in Beijing from Wednesday through Sunday, showcasing over 2,000 exhibits and launching more than 150 products. The conference opens on the same day as Unitree's Shanghai listing, with investor enthusiasm around Chinese humanoids at new heights but the conversation shifting from viral demonstrations to commercial reliability. The second World Humanoid Games will run Aug 22-26 at the Ice Ribbon arena with 51 disciplines and 1,301 matches. This year's Games feature 666 teams and 2,056 robots from 16 countries, up 138 percent in teams and fourfold in robots from last year.
Commercial Reality
China already dominates humanoid robot sales globally, with Chinese firms accounting for the vast majority of global android deliveries last year, outpacing Tesla, Figure AI and Boston Dynamics. Research and educational institutions accounted for the majority of Unitree's sales, while industrial deployments remained less than 10 percent in the first three quarters of 2025. Within China, the Humanoid Games involve 157 companies, 641 teams and 1,975 robots, with teams from 27 Chinese universities. Competitions at the Games simulate real-life conditions in production, logistics, hospitality and construction.
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Unitree to list in Shanghai Aug 19 after $905 mln IPO
