appConfigEntityId

bodyType

customContents

entityId

entityUuid

isVideo

articlePageQuery

article

articleSchemaContent

content

hooksArticlePageAdvertisementConfigArticle

hooksArticlePageFloatingButtonConfigArticle

appConfig

filter

json

liveArticle

Zhou Xin

Unitree Robotics, the country’s top humanoid robot maker, said it would file documents to an onshore stock exchange in mainland China between October and December this year, suggesting it will soon go public.
While the Hangzhou-based firm’s statement did not specify whether it was seeking a listing in Shanghai, Beijing or Shenzhen, a source familiar with the matter said that the company was eyeing an onshore initial public offering (IPO) as the first step.
“At present, the company is actively advancing preparations for its IPO,” Unitree said. “It is expected to submit the filing documents to the stock exchange between October and December 2025 for an A-share sale.”
Unitree, which was founded nine years ago by Chinese entrepreneur Wang Xingxing, has become the poster child of China’s booming robotics industry. Its valuation in the private market soared this year, as it secured backers such as China Mobile, Alibaba Group Holding, Ant Group and Tencent Holdings. Alibaba owns the Post.

The company did not disclose business or financial details in the statement. It only said that 65 per cent of its revenue last year came from “quadruped robots”, with 30 per cent from humanoid robots and the remainder from component products.
About 80 per cent of its robot dogs sold were for research, education and consumer use, with the remaining 20 per cent used for inspection and firefighting. Humanoid robots were entirely used in research, education and consumer fields, Unitree said.
Unitree said that over the next three months, its employees would learn what they needed to do as part of a listed company and it would make sure its property, trademarks and patents were properly handled. It also said it would set out clear business objectives.

In the statement, the company also tried to dispel fears about its robot dogs being retrofitted with armaments for military use, as it seeks to draw a distinction between its technology and the defence industry ahead of the IPO.
The statement came after hobbyists and military fans showed videos of quadruped robots fitted with machine guns. In May last year, China’s state-owned broadcaster CCTV posted a video of an unarmed Unitree Go2 robot dog used for reconnaissance during a China-Cambodia military exercise.
The company denied working with the military, saying that it “has always been a civilian robotics company”, according to a statement dated August 27 that was published on Tuesday.
“Since its establishment, Unitree has been committed to the application of high-performance general-purpose robots in different industries within the civilian field and has made explicit statements and restrictions in the company’s official website, product manuals, partner agreements and various other documents,” the statement said.

Unitree sells seven models of robot dogs, with prices that range from US$2,700 for its Go1 to US$100,000 for its industrial quadrupeds B1 and B2.
“All parties are kindly reminded to exercise careful identification and not to regard other companies’ robot products or third-party modified devices as Unitree products,” the statement said. “We hope that Unitree robots can bring a safer and more enjoyable life to people all over the world.”
Earlier this year, the company was accused of security breaches in its Go1 robot dog, which had exposed the product to potential hacking, allowing unauthorised users to gain control of the machine and access its video cameras.
Unitree shut down a third-party cloud tunnel service in May for containing a “security vulnerability”. The company reiterated its clarification on the shut down on Tuesday.
Additional reporting by Coco Feng


Hisense unit gains in Hong Kong debut amid rush of mainland Chinese corporate spin-offs

Hong Kong stock exchange moves to ease spin-offs and shareholder approval rules

4 mainland Chinese firms jump into cooling Hong Kong IPO market

Mainland China’s stock exchanges mount charm offensive amid Hong Kong IPO boom

Robotics maker Unitree to file IPO documents in fourth quarter for likely mainland listing

Unitree Robotics’ Go2-W robot dog interacted with an attendee during the Mobile World Congress (MWC) in Barcelona on March 3, 2025. Photo: AFP

Unitree’s robot dogs attract interest at the 2024 Hong Kong Computer & Communications Festival. Photo: Jelly Tse

Germany’s then Defence Minister Christine Lambrecht (second left) with a robot dog made by US robotics firm Boston Dynamics, on July 11, 2022. Photo: AFP

Unitree’s humanoid robot in a bout during the 2025 World Robot Conference in Beijing on August 8, 2025. Photo: Xinhua

Chinese humanoid robotics firms Unitree, UBTech, AgiBot adopt Nvidia’s new ‘robot brain’

Nvidia’s Jetson AGX Thor developer kit and production modules come as a number of Chinese humanoid robot makers enter mass production this year. Photo: Handout

A pair of robots from Unitree Robotics compete in a kickboxing match at the inaugural World Humanoid Robot Games in Beijing on August 15, 2025. Photo: Reuters

China’s Unitree, X-Humanoid top medal total in the world’s first humanoid robot games

Robots compete in the 100-metre final on Sunday at the inaugural World Humanoid Robot Games in Beijing. Photo: Reuters

Robots prepare to fight during the free combat competition at the 2025 World Humanoid Robot Games in Beijing. Photo: EPA

Unitree’s H1 robot wins 1,500 metre race as China hosts world’s first humanoid games

Humanoid robots take part in a test 100 metre run ahead of the World Humanoid Robot Games in Beijing on Thursday. Photo: Reuters

Humanoids play football during the World Humanoid Robot Games in Beijing on Friday. Photo: EPA

A humanoid wearing boxing gloves at the World Humanoid Robot Games in Beijing on Friday. Photo: EPA

Founder of China’s Unitree sees lack of advanced AI as biggest roadblock to mass robot use

Wang Xingxing, founder of Unitree Robotics, speaks at the Summer Davos gathering in northern China’s Tianjin in June. Photo: Xinhua

Visitors watch humanoid robots fight at the Unitree booth during the World Robot Conference in Beijing. Photo: cnsphoto via Reuters

China’s Unitree debuts US$5,900 humanoid robot in race to make cheaper products

Unitree’s R1 humanoid is priced to be affordable for individual developers and consumers. Photo: Handout

Unitree Robotics said its R1 was ‘born for sport’. Photo: Handout

Business

Banking & Finance

China Business

Companies

Money

Tech

Big Tech

News

China

China Future Tech

Money & Wealth

Robotics

Hong Kong

Hong Kong Economy

Unitree’s IPO statement played down concerns after hobbyists and military fans posted videos of its robot dogs fitted with machine guns


Unitree’s IPO statement played down concerns after hobbyists and military fans posted videos of its robot dogs fitted with machine guns.


Robotics maker Unitree to file IPO documents in fourth quarter for likely mainland listing

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}Unitree’s IPO statement played down concerns after hobbyists and military fans posted videos of its robot dogs fitted with machine guns

Unitree’s IPO statement played down concerns after hobbyists and military fans posted videos of its robot dogs fitted with machine guns