UNITREE ROBOTICS PRICES SHANGHAI IPO AT $22/SHARE

Hangzhou-based Unitree plans to sell 40.4 million shares to raise 6.1 billion yuan ($904 million) on the Shanghai Stock Exchange. The IPO pricing values the company as a major player in China's robotics sector. DeepSeek, the Chinese AI startup, is backing the offering with a $20.8 million investment. The firms have agreed to jointly develop AI models for humanoid robots, signaling deeper integration between robotics hardware and large language models. Unitree's 2025 shipment figures—exceeding 5,500 units—demonstrate momentum in a competitive market dominated by Chinese robotics developers. The capital raise will likely fund product development and manufacturing capacity expansion. The IPO comes amid growing interest in humanoid robots and autonomous systems across Asia, with multiple Chinese firms pursuing public listings in the sector.