Unitree Robotics has priced its initial public offering on Shanghai’s Star Market at 150.8 yuan per share, setting a valuation benchmark of 60.99 billion yuan, or approximately US$9 billion, for China’s embodied-AI sector. Widely billed as mainland China’s first humanoid stock, the Hangzhou-based company secured this milestone through a filing released on Thursday evening, driven by strong retail investor interest and backing from prominent artificial intelligence entities like DeepSeek.
Shanghai Star Market Debut and Pricing Details
According to the regulatory filing released on Thursday evening, Unitree Robotics set its IPO price at 150.8 yuan per share. The offering officially values the Hangzhou-headquartered robotics firm at 60.99 billion yuan (US$9 billion). The flotation positions the company as the primary publicly traded vehicle for humanoid robotics on mainland China’s technology-focused Star Market.
Market Drivers and Strategic Backing
The public offering arrives amid surging retail investor excitement for domestic robotics and artificial intelligence applications. Unitree’s market entry is further bolstered by high-profile AI backers, including DeepSeek, aligning the hardware manufacturer directly with advancements in software intelligence and embodied-AI frameworks.
