Unitree Robotics Draws 12 Brokerages to Shareholder Ranks as CITIC Securities Stays Deeply Involved in IPO

Unitree Robotics started its online and offline subscription on August 10, 2026. A shareholder penetration analysis that goes three levels deep shows at least 12 securities firms holding positions in the company, as reported by Securities Times China. Of these, five brokerages have taken limited partner (LP) roles in a private equity fund managed by CITIC Securities, which indirectly invests in Unitree. CITIC Securities is the sponsor for Unitree’s IPO, and its “investment plus investment banking” model is expected to generate multiple returns from the deal. CITIC Securities is also required to join the IPO as a follow-on investor. According to the offering announcement published on August 7, CITIC Securities Investment, serving as the follow-on subscriber, was allocated 808,900 shares. Based on the disclosed stakes, CITIC Securities, through its alternative investment subsidiary and its private equity subsidiary, holds more than 4 million shares of Unitree in total. The subscription is now underway.