⬤ Unitree is taking another step toward going public after wrapping up its mandatory pre-IPO tutoring—a compliance process that Chinese companies need to complete before listing on Shanghai's Star Market. The robotics company has finished this preparation phase and is now ready to submit its formal IPO application, which it originally aimed to file by year-end. This tutoring requirement is part of China's listing framework designed to ensure companies meet regulatory standards for disclosure and governance before hitting the public markets.
⬤ The move comes during a surge of interest in robotics companies, particularly those working on humanoid robots and advanced automation. Back in September, Reuters reported that sources pegged Unitree's target valuation at around $7 billion, though the company quickly pushed back through a spokesperson, calling that figure "untrue." The actual valuation expectations remain under wraps for now.
⬤ With the tutoring phase done, Unitree joins other tech companies using China's Star Market to raise capital and expand operations. The next phase involves regulatory review, where officials will evaluate documents and conduct due diligence. This progress is noteworthy because it shows real momentum in the high-growth robotics sector and highlights how the Star Market continues supporting emerging tech companies as humanoid robotics gains traction worldwide.
Artem Voloskovets
Artem Voloskovets