Unitree shares surge as a lot as 620 p.c amid enthusiasm for burgeoning area of human-like robots.
Revealed On 19 Aug 2026
China’s Unitree Robotics has soared in its market debut, an indication of buyers’ confidence in Chinese language innovation within the burgeoning area of human-like robots.
Shares of Unitree surged greater than 620 p.c on Wednesday because it started buying and selling in Shanghai, lifting the Hangzhou-based firm’s market capitalisation to as excessive as 445 billion yuan ($66bn).
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Unitree’s shares on the tech-oriented STAR Market ended the day up 460 p.c.
Unitree, whose predominant opponents embrace China’s AgiBot and US-based Tesla and Boston Dynamics, had priced its preliminary public providing at 150.8 yuan per share for a corporation valuation of about 61 billion yuan ($9bn).
The landmark IPO marked the primary itemizing of a humanoid robotics firm in mainland China.
Unitree, based in 2016 by engineer Wang Xingxing, is one among China’s main makers of humanoid robots, with its demonstrations of human-like figures performing dancing and martial arts routines capturing widespread consideration.
Final 12 months, Unitree reported transport greater than 5,500 humanoid robots to clients worldwide, making the corporate a number one participant in commercialising the frontier know-how.
Unitree unveiled its newest humanoid robotic on Monday, a mannequin dubbed Superman that’s marketed as being able to leaping two metres excessive and operating 12.66 metres per second.
Rinat Mirzaitov, the founding father of Humanoid Analytics, mentioned the thrill round Unitree displays its outstanding place in a area with few critical challengers.
“It is among the few firms in humanoid robotics with real income, profitability and significant manufacturing quantity,” Mirzaitov instructed Al Jazeera.
Mirzaitov mentioned that whereas Unitree is among the many strongest gamers within the areas of analysis, schooling and growth, it doesn’t dominate all the humanoid market.
“Its predominant problem is popping {hardware} and manufacturing management into utility and workflow management,” he mentioned.
Robotics have change into a significant entrance within the battle for tech supremacy between the USA and China.
Final month, the administration of US President Donald Trump introduced a ban on imports of Chinese language-manufactured humanoid robots, citing nationwide safety dangers.
China controls about three-quarters of the worldwide marketplace for humanoid robots and autonomous automobiles, in accordance with JP Morgan.
Worldwide gross sales of humanoid robots are projected to succeed in $300bn by 2035, up from $2bn in 2025, in accordance with monetary trade analyses cited by JP Morgan.
