Offer Terms

Unitree offered roughly 40.45 million shares at 150.80 yuan apiece. That share count represented about 10 percent of the company after the offering. Expected gross proceeds were approximately 6.10 billion yuan.

IPO Timeline

The Shanghai Stock Exchange accepted the application on 20 March, and its listing committee approved it on 1 June. The source describes the interval as 73 days. Trading on the STAR Market began on 19 August 2026.

Use of Proceeds

Unitree plans to put about 4.20 billion yuan into four projects. The work spans models for intelligent robots and development of robot bodies. It also covers new robot products and a manufacturing base for intelligent robots.

First-Day Trading

The shares started at 1,100 yuan, compared with the 150.80-yuan offer price. They closed at 845 yuan, about 460 percent above the offer price.

Key Investors

DeepSeek contributed approximately 140.8 million yuan to the IPO. Tencent was already an investor.

Sources

This article was researched and fact-checked against the following sources: