Unitree Robotics ripped higher on its first day on the Shanghai stock market on Wednesday, closing at 845 yuan after investors bought the shares at 150.80 yuan apiece. That left Unitree Stock more than 460% above its offer price by the close, a debut that instantly turned the company into one of the market’s biggest robotics stories.
For Fei Qin, the listing fits a bigger shift in how investors see AI. “Robots are where AI leaves the screen and enters the economy,” she said, and Unitree is trying to prove that point in public markets rather than in a lab. The company, officially known as Yushu Technology Co Ltd and based in Hangzhou in eastern China, is the world’s biggest humanoid robot maker and shipped more than 5,500 humanoid robots last year.
The numbers help explain why the debut drew such attention. A move from 150.80 yuan to 845 yuan is a gain of about 460.5%, calculated by dividing the 694.20-yuan increase by the original offer price. Unitree also reported a net profit of 278 million yuan in 2025, making it one of the few companies in the sector to make money at a time when many robotics businesses are still burning cash while chasing scale.
The listing took place on the technology-focused Star Market, which is widely seen as China’s Nasdaq, and it arrives as Beijing treats robotics as a strategic priority in its push for leadership in advanced technology. That policy backdrop matters because the company’s market success sits inside a far more crowded race: the humanoid robotics industry is still pulling in huge amounts of investment, and the US and China are battling to dominate both the robot market and the AI models that drive it.
Unitree sells a range of devices, from sensors and automated arms to four-legged and human-like machines, and its debut gives investors a public price on a company that has already become a symbol of China’s industrial ambition. What remains unanswered is how much cash the Shanghai IPO raised and how Unitree plans to use it, a detail that will matter as the company tries to turn a spectacular first day into a longer market story.
