Unitree Robotics, a Hangzhou-based humanoid robot maker, clears a key regulatory step toward a Shanghai listing after passing a listing committee hearing on Monday. The company applied to list on the STAR Market on March 20, and the process moves through two rounds of regulatory questions and an on-site inspection before the committee’s approval. With the hearing cleared, Unitree can proceed to the next stages, including registration and issuance, for its initial public offering. TechNode reports that the company’s review is among the fastest STAR Market approvals, citing a total timeline of 73 days from acceptance on March 20 to approval. The reporting also notes that the IPO is expected to place Meituan-backed entities among the company’s leading shareholders, though specific ownership shares are not detailed in the provided excerpts. Both outlets characterize the milestone as a significant hurdle for Unitree’s highly anticipated public offering as China’s humanoid robot industry expands.