Unitree Technology has officially launched the price inquiry process for its IPO on the STAR Market. The preliminary inquiry date is August 5, with online and offline subscriptions on August 10. Before the issuance, there are 46 direct shareholders. Founder Wang Xingxing controls a combined 68.78% of voting rights. Meituan affiliates are the largest external institutional shareholder, holding a total of 9.6488%. Some A-share listed companies hold indirect stakes through investments in private equity and venture capital funds. CITIC Securities indirectly holds approximately 0.76% through platforms such as Jinshi Growth. Kingfa Sci. & Tech., New China Life Insurance, and Wolong Electric Drive indirectly hold approximately 0.25%, 0.10%, and 0.083% respectively. In terms of business cooperation, Unitree Technology's component suppliers cover areas such as reducers, bearings, visual sensors, chips, batteries, and materials. Several companies have announced cooperation but indicated that the corresponding revenue contribution is relatively low.
Citrini Research Finds Humanoid Robots Advancing Without a Single ChatGPT Moment
Humanoid robots are making meaningful progress in autonomy, dexterity and repetitive real-world tasks, but widespread commercial deployment remains a work in progress, according to a report published Wednesday by Citrini Research. After a week meeting robotics labs, engineers and investors across the San Francisco Bay Area, the firm found most humanoid robots remain in development, training and tele-operated demonstrations, with real-world deployments closer to pilots than clear return-on-investment opportunities. The report examined whether robotics is approaching its own ChatGPT moment and highlighted advances from GeneralistAI and Skild AI, along with Figure AI's demonstration involving 250,000 packages, suggesting the field may advance through a mosaic of signals rather than one defining breakthrough. Basic humanoid locomotion is effectively a solved problem while complex dexterity remains more difficult, and simple repetitive tasks are already trainable. Investment in the broader robotics infrastructure is keeping pace: Tesla Inc has been preparing production lines for Optimus, XPeng Inc has launched an automated production line for its IRON humanoid robot, and Figure AI is securing access to up to 100,000 Vera Rubin GPUs from NVIDIA Corp to train the models powering its humanoid robots. The report concluded robotic autonomy is developing along a curve rather than arriving through one decisive breakthrough, with broad generalizability remaining the longer-term goal.
Spirit AI aims to deliver humanoid robots that respond to verbal commands as early as next year
Gao Yang, co-founder and chief scientist of Chinese startup Spirit AI, told Reuters that humanoid robots capable of handling most basic tasks on verbal command could become a reality as early as next year. "By mid-2027, you will be able to speak to a robot in natural language and it will complete a series of actions to carry out a task," he said, expressing confidence in the pace of software advances. The company has already achieved a roughly 90 percent success rate on simple tasks, but challenges remain with fine movements such as loosening a bottle cap and with handling unexpected situations, and adoption in ordinary households is still expected to take time. About 1,000 contract workers at the company wear data-collection devices at home and in factories, gathering movement data to train the robots. Spirit AI was founded in 2024 and has about 300 full-time employees. It has raised more than 670 million dollars to date and has deployed dozens of humanoid robots at battery giant CATL and online retail giant JD.com.
Tesla Seeks Federal Ruling Over Terafab Name for $16.8 Billion Chip Complex
Tesla and SpaceX are seeking a federal ruling that the Terafab name does not infringe trademark rights held by TERA-print, adding a legal fight to the company's planned $16.8 billion chip complex. Tesla filed three Terafab-related trademark applications in May, and the planned Texas operation would manufacture, package and test advanced logic and memory chips for Optimus robots, Cybercabs and SpaceX data centers. Tesla shares slipped roughly 1% to $362.84 on Friday. The stock trades 8.66% above its $333.92 GF Value, indicating investors still pay a premium for Tesla's long-term growth ambitions. The larger question is whether Tesla can turn the $16.8 billion capital commitment into reliable semiconductor output, since bringing chip production in-house adds execution risk around yields, utilization, engineering talent and manufacturing discipline.
Meituan
Beijing Bewinner Communications Co Ltd
Beijing Shengtong Printing Co Ltd
Wuxi Best Precision Machinery Co Ltd
CITIC Securities Co Ltd
Kingfa Sci&Tech Co Ltd
Wolong Electric Group Co Ltd
China Merchants Securities Co Ltd
New China Life Insurance Co Ltd
Shanghai Beite Technology Co
Shanghai Moons' Elec Co Ltd
Argus Shanghai Textile Chemicals Co Ltd
Yushu Technology