Unitree Robotics Gets CSRC Approval for Shanghai IPO Targeting 42 Billion Yuan Valuation

Unitree Robotics has received approval from China’s securities regulator for a Shanghai initial public offering, South China Morning Post reported. The China Securities Regulatory Commission granted the nod about a month after the company cleared a review by the Shanghai Stock Exchange’s listing committee.

Unitree is finalizing its underwriting plan, pricing and share subscriptions for a potential debut as early as late July.

The robot maker plans to raise about 4.2 billion yuan by selling at least 40.4 million shares, a minimum 10 per cent stake that implies an initial valuation of around 42 billion yuan. The proceeds will fund robot model development, robot-body research, new products and manufacturing capacity, according to its prospectus. Unitree is headquartered in Hangzhou.

The company generated 1.7 billion yuan in revenue and 591 million yuan in adjusted profit in 2025. By comparison, Hong Kong-traded peer UBTech Robotics brought in 2 billion yuan in revenue last year but posted a net loss of roughly 700 million yuan. UBTech’s market capitalisation stood at about HK$54.8 billion as of July 2.