IPO

Hangzhou-based Unitree Robotics has secured official approval from the Shanghai Stock Exchange for its initial public offering, setting a pre-review speed record and solidifying its position as the first embodied AI pure-play on the Chinese A-share market.

Unitree Robotics is heading to its highly anticipated June 1 listing hearing with an updated prospectus that highlights the delicate balance between explosive revenue growth and skyrocketing R&D expenses.

Hangzhou-based Deep Robotics has had its application for an initial public offering on the Shanghai STAR Market accepted, revealing a massive revenue surge and a pivot toward embodied AI and humanoids.

Unitree Robotics has officially filed for a listing on the Shanghai STAR Market, revealing a massive jump in profitability and claiming the global lead in humanoid shipments for 2025.

While pure-play humanoid stocks remain scarce, investors are flocking to component suppliers like Schaeffler, driving a 150% stock rally and highlighting a massive appetite for the "Physical AI" sector ahead of a wave of anticipated 2026 IPOs.