Unitree Technology Lists on STAR Market, Becoming the First Humanoid Robot Stock on China's A-Share Market

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Unitree Technology officially listed on the STAR Market on August 19, becoming the first humanoid robot stock on China's A-share market. On its debut, the stock closed at 845 yuan per share, up 460.34 percent, with a total market value of 341.772 billion yuan. It opened sharply higher by 629.44 percent, pushing its market value to 444.9 billion yuan. The company is headquartered in Hangzhou's Binjiang district. Its research and development team remains at the Fengda Creative Park, while the sales team has moved to a new office building at the China Data Valley Tower. According to the prospectus, the company's revenue from 2023 to 2025 was 159 million yuan, 393 million yuan, and 1.699 billion yuan respectively, and its humanoid robot shipments exceeded 5,500 units in 2025. A total of 171 executives and core employees spent 270 million yuan to participate in the strategic placement, with Wang Xingxing subscribing 15 million yuan.