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Unitree Robotics Shares Jump 460% on Shanghai IPO Debut

8/20/2026

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Summary

Unitree Robotics Soars

Unitree Robotics’ shares surged more than sixfold on its Shanghai STAR Market debut.
The IPO priced shares at 150.80 yuan, raising about 6.1 billion yuan ($905 million).
Shares opened at 1,100 yuan, peaked there, and closed at 845 yuan, 460% above the IPO price.
DeepSeek invested 140.8 million yuan for a 2.3% stake, making Unitree the first mainland humanoid robot IPO.

Summary

Unitree Breaks Record

Unitree delivered more than 5,500 humanoid robots in 2025, the highest global volume.
The company introduced a “Superman” humanoid that can sprint 12.66 m/s and jump two meters.
IPO proceeds of about 4.2 billion yuan will fund AI research, robot prototypes, and a manufacturing base.
Analysts say rapid revenue growth may pressure profit margins as R&D and sales expenses rise sharply.

History

Historical Context

SoftBank’s 2015 launch of Pepper, the first mass-produced humanoid, saw its initial 1,000 units sell out in 60 seconds and reached about 27,000 units before production paused in 2021. The robot, built by Aldebaran (acquired by SoftBank that year), spurred worldwide research use and set a commercial precedent that underpins today’s rapid scaling ambitions of Chinese firms such as Unitree Robotics.

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Unitree Robotics Soars

Unitree Robotics’ shares surged more than sixfold on its Shanghai STAR Market debut.
The IPO priced shares at 150.80 yuan, raising about 6.1 billion yuan ($905 million).
Shares opened at 1,100 yuan, peaked there, and closed at 845 yuan, 460% above the IPO price.
DeepSeek invested 140.8 million yuan for a 2.3% stake, making Unitree the first mainland humanoid robot IPO.

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