Unitree Robotics Submits STAR Board IPO Application, Plans to Raise 4.202 Billion Yuan

LightningPacketLoss · 2026-03-20T11:23:09+00:00

Unitree Robotics applied for an IPO on the STAR Market on March 20th, focusing on high-performance humanoid and quadruped robots. The company has maintained a leading position in sales in recent years, with revenue expected to grow significantly from 2022 to 2025, and plans to raise 4.202 billion yuan to fund new product research and development as well as the construction of manufacturing facilities.

LightningPacketLoss

2026-03-20 11:23:09

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On March 20th, the Shanghai Stock Exchange official website showed that Yushu Technology Co., Ltd. (hereinafter referred to as “Yushu Technology”)'s Sci-Tech Innovation Board IPO application has been accepted, with CITIC Securities as the sponsor.

According to the prospectus, Yushu Technology is a globally renowned, internationally leading high-performance general-purpose robot company, focusing on the research, development, production, and sales of high-performance humanoid robots, quadruped robots, robot components, and embodied intelligent models. The company is a pioneer in the global market for the commercial sale and industry application of high-performance quadruped robots, and has maintained leading global sales of high-performance humanoid and quadruped robots in recent years.

In terms of performance, from 2022 to the first three quarters of 2025, Yushu Technology achieved operating revenues of 1.23 billion yuan, 1.59 billion yuan, 3.92 billion yuan, and 11.67 billion yuan, respectively; net profits attributable to the parent company were -22.10 million yuan, -11.14 million yuan, 94.50 million yuan, and 105 million yuan.

For this IPO, Yushu Technology plans to raise 4.202 billion yuan, which will be used for projects including intelligent robot model research and development, robot body research and development, new intelligent robot product development, and the construction of an intelligent robot manufacturing base.

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