Unitree, the Hangzhou humanoid-robot maker, has set its IPO offer price at 150.80 yuan per share, valuing the company at 60.9 billion yuan (roughly 8.5 billion US dollars) and pulling in 1.9 billion yuan more than the shares on offer. Institutions pushed the price about 45 percent above the preliminary estimate, a repricing that lands … Read more
The path was paved by policy. A June 2025 directive let Greater Bay Area firms listed in Hong Kong list on the Shenzhen exchange. Dobot, which debuted on the HK bourse in December 2024, became the first H-to-A case from the region. Its ChiNext application was accepted just 17 days after a new reform paper … Read more
Founder Wang Yongkun, just 35, started the company in 2016 from a 12-square-metre office with a five-person team and a startup loan. He bet early on laser-SLAM autonomous mobile robots, machines that route, avoid and schedule themselves on the factory floor. A 2018 cash crunch nearly killed it; at 26 he took over as CEO, … Read more
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
Date Round Amount Key Investors Aug 13, 2019 Strategic Tens of millions RMB CAS Star, Tsinghua University Asset Management, Fortune Capital, Huakong Fund, Jiangmen VC, Turing Ventures Sep 14, 2021 Series A Hundreds of millions RMB Luster LightVision, Xinglian Capital (Z Fund), Beijing Dafan, Tongzhi Investment, Xingtang Tongzhi, Rongpin Investment Sep 26, 2022 Series B … Read more