Unitree Robotics IPO Soars 460% on Debut, Market Cap Hits 341.8B Yuan

Unitree Robotics, a leading Chinese maker of humanoid and quadruped robots, debuted on the STAR Market on August 19, 2025. The stock opened at 1,100 yuan and closed at 845 yuan, up 460.34% from its IPO price of 150.8 yuan. The market cap reached 341.8 billion yuan, briefly topping 400 billion intraday. The stock was heavily traded, reflecting strong investor demand.

Founder Wang Xingxing, who started the firm a decade ago, celebrates the milestone as China prioritizes robotics and embodied AI. The company plans to use the IPO proceeds to expand production, boost R&D, and enter global markets. It is known for its Go2 quadruped robot and humanoid research. These robots are used in inspection, education, and industrial settings.

Analysts say the successful listing may inspire more robotics IPOs, but caution that such valuations could be hard to sustain due to competition and technology changes.