Unitree Robotics, China's dancing humanoid robot maker, skyrockets 629% in stock market debut

China's Unitree Robotics, a global high-performance quadrupedal robot industry pioneer, made a massive stock market debut in Shanghai on Wednesday, with shares rising more than 600%.

The initial public offering of China's humanoid robot maker listed at 1,100 yuan on the STAR Market Index, reflecting an increase of 629.44% above its offer price of 150.8 yuan.

The company raised 6.1 billion yuan ($904 million) as it offered 40.4 million shares in the IPO. The company will use money raised for artificial intelligence model development, a new products programme, humanoid robot research and manufacturing expansion projects.

The company allotted close to 20% of the offer to strategic investors, including DeepSeek, a Tencent Holdings-affiliated investment vehicle, and investment vehicles of China Southern Power Grid Co, China Telecom Corp and China National Petroleum Corp.

According to the prospectus, Unitree's IPO values the firm at 35.89 times sales.

The robots of the Hangzhou-based manufacturer are popular for performing a full range of motions, including dance and backflipping. In February, the firm's G1 robots performed martial arts and showed a full range of motions live on stage during China's Spring Festival Gala.

On Monday, Unitree unveiled "Superhuman", a new humanoid robot capable of jumping two metres from a standing position and sprinting at speeds up to 12.66 metres per second.

About Unitree Robotics

Founded by Wang Xingxing, Unitree Robotics, officially known as Yushu Technology Co Ltd, is a world-renowned civilian robotics firm focused on the research and development (R&D), production and sales of consumer- and industry-class high-performance humanoid robots, according to its website. It is the world's first company that started retail sales of high-performance quadruped robots.

It has shipped over 5,500 humanoid robots in 2025, making a profit of 278 million yuan.

The company's robot dogs start at $2,700. Its child-size G1 model sells at $13,500.

Last month, Chinese memory chipmaker CXMT's shares climbed 466% on the debut day.