China’s securities regulator approves Unitree Robotics’ registration to list on the Shanghai Stock Exchange’s STAR Market, clearing the final formal step before the company can price and sell shares. The Hangzhou-based humanoid robot maker previously completed the Shanghai exchange’s listing review roughly a month earlier. With the China Securities Regulatory Commission’s approval, Unitree moves to finalize key details of the share offering, including its underwriting plan, pricing, and subscription arrangements.
Multiple outlets report that the approved IPO is expected to raise about $619 million (around 4.2 billion yuan), a figure that is described as a potential benchmark for valuations in China’s “embodied AI” and robotics sectors. Coverage also notes that Unitree’s next steps will determine timing, with a possible debut discussed as occurring as early as late in the year, depending on market and procedural progress. The reports consistently characterize the approval as the last hurdle in the listing process.
