Standard Robots files for Hong Kong IPO a third time; a post-90s founder built an AMR unicorn but still runs at a loss

Standard Robots has submitted its prospectus to the Hong Kong exchange for the third time. On the industrial autonomous mobile robot, or AMR, track, the Shenzhen company is a genuine dark horse: its client list spans 3C electronics and automotive manufacturing and includes Huawei, Xiaomi, Toyota and NIO. From a 12-square-metre room Founder Wang Yongkun, … Read more

AgiBot files for Hong Kong IPO as ex-Huawei chief Deng Taihua steers humanoid maker to a capital exit

AgiBot has confirmed it is launching a Hong Kong listing, and it chose its timing with intent: the filing landed on the same day the Hong Kong exchange’s revised listing rules took effect. For a three-year-old humanoid maker, the move marks the shift from building product to cashing out capital. From zero to one in … Read more

China’s industrial-robot champion Estun delivers over 10,000 units in a single quarter

The lead is durable. Estun first took the national crown in 2025 with a 10.6 per cent share and 25 per cent annual shipment growth, lifting local brands’ combined share above 56 per cent. It has now led domestic shipments for eight consecutive years and six consecutive quarters. The moat is vertical. While peers lean … Read more

BeingBeyond’s 500,000-hour bet: a Peking professor’s pure-model path to embodied AI

Lu’s company, BeingBeyond, just released Being-H0.8, an implicit tactile world-action model trained on 500,000 hours of first-person human video, the largest such corpus among embodied models globally. Its progression tells the story: H0 at 3,000 hours in July 2025, H0.5 at 35,000 hours supporting 30 robot types in January, H0.7 at 200,000 hours in April, … Read more

Embodied data enters the ‘out-of-box’ era: why robot training needs model-ready data

What ‘model-ready’ means Jianzhi Robotics calls the data it sells ‘Model-Ready Data’, data you can feed straight to a model without rework. It needs three traits at once: high precision, multimodality and diversity. Hand-tracking error of 2-3cm, the industry norm, means the model sees a finger a full digit off, so it grabs through cup … Read more

Unitree’s IPO cleared: the $10k humanoid that ate the competition

From loss to 600m profit Three years ago the company was loss-making; two years ago quadrupeds were its only revenue. Now humanoids are half the business, with 2025 net profit hitting 600 million yuan. Revenue grew tenfold from 159 million yuan in 2023 to 1.7 billion yuan in 2025, while gross margin rose to 60.4 … Read more

Why China’s Cleaning-Robot Makers Are Climbing the Windows

For a decade the cleaning-robot story happened on the floor. Sweeping, mopping, self-emptying, auto water refills, each feature layered on, each price war driving the category toward saturation. Now Chinese makers are looking up, from the plane to the facade, and the window-cleaning robot is having its moment. Cui Haishun, who runs the window-robot business … Read more

Xiaomi Open-Sources Robotics-U0, a Unified Model That Manufactures Robot Training Data

Xiaomi has released and open-sourced Xiaomi-Robotics-U0, which it calls the first unified generative model for embodied AI, and the bottleneck it targets is the one everyone agrees on but few have solved: robot training data. Language models drank from the internet; robots have no equivalent “physical-world internet.” Useful data, vision, action and state together, mostly … Read more

We Walked 100+ Robot Booths at WAIC 2026. The Tipping Point Is Real.

The shift at WAIC 2026 was not in any single product but in the script. Past editions debated what humanoid robots were even for. This year the answer was stacked on the booths: humanoids moving totes in warehouses around the clock, picking among 3,000 pharmacy SKUs, putting a Coke in the fridge and a dirty … Read more

Sudo’s WAIC Debut: From One Skill to Ten, and a 22-DOF Hand

Sudo, a robotics startup barely a year old and already carrying a valuation around 20 billion yuan, used its WAIC debut to argue that the path to general-purpose physical intelligence is not more isolated demos but accumulating atomic skills. On the booth, more than ten capabilities ran at once, grasping unseen objects, two-hand cloth wrapping, … Read more