TechExplainer: What is Unitree and why are China’s humanoid robot makers racing to list?
Chinese robot maker Unitree has set the price of its Shanghai initial public offering at 150.8 yuan per share. Subscription is due to begin on Monday, with the company seeking to raise 6.1 billion yuan, or $904 million. The transaction would make Unitree the first humanoid robot manufacturer listed on mainland China’s stock market. The planned flotation comes as Chinese makers of humanoid robots race to pursue public listings.
Explainer: What is Unitree and why are China’s humanoid robot makers racing to list?
