China’s Unitree plans $7 billion IPO valuation as humanoid robot race heats up
On September 7, 2025, Chongqing, Chongqing, Chongqing International Expo Center at the world smart industry EXPO 2025 after a boxing match after a boxing match from Unitree Robotics.
China News Service | China News Service | Getty Images
Unitree Robotics, one of China’s hottest technology initiatives, plans the first public offering that can value the company 50 billion Yuan ($ 7 billion) and help to establish itself as a global leader in humanoid robots.
The so -called humanoid robots are artificial intelligence -supported machines designed to resemble people in appearance and movement with applications in industrial and service sectors.
Based on Zhejiang, Unitree, China has founded himself as a leader in the field of humanoid robot, and his listing plans can make him one of the first specializing companies in the public technology.
The company’s new valuation target, which was first reported by Reuters, will refer to two people who have knowledge of plans and make a sharp leap from the latest donation collection tour reported In June. At that time, the company attracted great supporters such as Geely, Alibaba and Tencent.
Unitree is in a publication in the X account on 27 August, IPO summarized its plansHe said that he actively advances the preparations for the listing and expects to send the application documents in the fourth quarter of the year.
IPO remains unclear how Unitree is trying to raise. The company has recently told Local Chinese media It has been profitable since 2020 and has revenues exceeding 1 billion Chinese Yuan ($ 140.35 million).
Unitree did not respond to CNBC’s comments.
An offer of this size will be one of the largest Chinese technology lists in recent years. The mainland stock exchange is revived gradually after years of regulatory examination and volatility.
Unitree’s listing plan comes while increasing its efforts to support local champions in Beijing artificial intelligence. The founder Wang Xingxing was reported to be among the Chinese President Xi Jinping and a group of technology leaders who attended a rare meeting.
In 2023, the Chinese Ministry of Industry and Information Technology was called for “production” and published instructions for humanoid robots Until 2025.
Competition Heats
Unitree is part of a wave of Chinese humanoid robot companies, including AGibot, also known as Zhiyuan Robotics and Galbot, a Beijing -based robot launching supported by the Hong Kong government.
These companies are in a hurry to distribute their robots to factories in China. Home manufacturers such as BYD and Geely have already reportedly placed some of the humanoid robots of Unitree in production lines.
Meanwhile, Chinese humanoid robots, the World Robot Conference and the World Humanoid Robot Games, such as the center took place in recent public events.
According to Lian Jye Su, an independent analyst and consulting firm Omdia Chief Analyst, as these companies rushed to be deployed their robots in factories in China, a public offering can help China to establish itself as the leading company in humanoid robots.
“Unitree is one of the world’s leading vendors in mobile robots and will probably be the best player in the humanoid robot industry,” Unitree said.
According to estimates from Omdia, a total of 15,000 units are expected to be sent this year, and Unitree’s only domestic rival Agibot’s share.
Competition is also warming internationally. The US saw its own developing humanoid robot players such as Boston Dynamics and figure AI. However, Tesla’s Optimus seems to be managing the package in commercial preparation, CEO Elon Musk refers to about 5,000 production plans this year.
However, analysts previously said that China has made an early leadership in the field of humanoid robotics in terms of commercial products and pricing.
A research note from Morgan Stanley last month is that the Unitree G1 was the most widely used humanoid robot, given the low $ 16,000 starting price score. Tesla’s Optimus Gen2 Humanoid Robot It is expected to cost at least $ 20,000.
Meanwhile, Unitree introduced the Unitree R1, a new humanoid recently at a starting price of $ 5,900. According to Morgan Stanley, this is not cheaper humanoid the most advanced, but they will be valuable for Unitree to collect the critical data required to train new generation robot models.
Nevertheless, while China’s early pioneering the commercial success of humanoid robots, analysts say that the US has strong aspects in a wider AI robotic environment.
There are strong chipset producers like the USA Nvidia And Intellike hyperssscalers Google And MetaOmdia analyst water is robotic software vendors such as physical intelligence and SKKAI, which gives the “general humanoid robot ecosystem” equal, even more robust.
For example, Chinese humanoid robot producers – including Unitree robots – became the early adopting of Nvidia’s humanoid robot technologies. This includes NVIDIA’s recently released Jetson Agx Thor Platform.
Merrill Lynch analysts, in a recent study, global humanoid robot posts will reach 18,000 units in 2025 from 2,500 units to 18,000 units. In addition, a 3 billion global robot population is estimated by 2060.
