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Unitree's Shanghai STAR Market IPO Sees Oversubscription Exceeding 8,000 Times
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News EditorChinese humanoid robot maker Unitree has launched its initial public offering on Shanghai's STAR Market, drawing oversubscription of more than 8,000 times. Around 9.8 million orders participated in the subscription, with total demand reaching $1.2 trillion against a raise of only about $900 million. The company priced its shares at 150.8 yuan each, implying a valuation of roughly $9 billion. Unitree is issuing 40.45 million shares, representing 10% of total share capital. Proceeds will fund robotics software and hardware R&D, new product launches, and production capacity expansion. The company shipped over 5,000 robots in 2025, becoming the first pure humanoid robot maker to list on a main board in China.
Chinese humanoid robot maker Unitree has gone public on Shanghai's STAR Market, and the response has been staggering. The offering drew oversubscription of more than 8,000 times. Around 9.8 million orders took part, pushing total subscription demand to $1.2 trillion. The company is raising only about $900 million.
The shares were priced at 150.8 yuan each, putting the company's valuation at roughly $9 billion. Unitree is selling 40.45 million shares, around 10% of its total share capital.
Proceeds from the listing are earmarked for robotics software and hardware R&D, new product development, and production capacity expansion.
Unitree shipped more than 5,000 robots in 2025. It is the first pure humanoid robot maker to list on a main board in China. (CryptoBriefing)
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