VT Markets Review: Unitree IPO and UNITREEUSD Details
Humanoid robotics and embodied AI are becoming an increasingly important part of the global technology landscape, with Unitree emerging as one of the companies attracting attention in this space.
Ahead of its planned listing on Shanghai’s STAR Market, investors and traders are watching the company’s growth, valuation and expanding product portfolio. VT Markets has also introduced UNITREEUSD, providing CFD exposure to price movements linked to Unitree.
About Unitree
Founded in Hangzhou in 2016, Unitree develops humanoid robots, quadruped robots, robotic arms and motion-control technologies.
Its best-known products include the Go2 quadruped robot, H1 full-sized humanoid and G1 humanoid. These platforms are used across areas such as research, education, inspection and industrial applications.
The company operates within the growing field of embodied AI, where artificial intelligence is integrated into physical machines capable of interacting with real-world environments.
Business Highlights
Unitree recorded nearly RMB 1.7 billion in revenue in 2025, up from RMB 393 million previously.
Key business figures include:
-More than 5,500 humanoid robots shipped in 2025
-Humanoids accounted for 51.5% of core business revenue during the first nine months of 2025
-Core-business gross margin reached 60.13%
-Adjusted net profit excluding non-recurring items reached RMB 590 million
-Humanoids accounted for 51.5% of core business revenue during the first nine months of 2025
-Core-business gross margin reached 60.13%
-Adjusted net profit excluding non-recurring items reached RMB 590 million
The company also develops key robotics technologies and components internally, including motion and control systems.
Unitree IPO Details
Unitree plans to list on the Shanghai Stock Exchange STAR Market under stock code 688836.
The proposed IPO includes approximately 40.45 million new A-shares, representing 10% of its enlarged share capital.
The company aims to raise around RMB 4.2 billion, implying a pre-listing valuation of approximately RMB 42 billion.
The proceeds are expected to support:
-Intelligent robot AI models
-Robot bodies and motion technologies-New robotics products-Manufacturing expansion-Research and future development
-Robot bodies and motion technologies-New robotics products-Manufacturing expansion-Research and future development
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