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

LightningPacketLoss · 2026-03-21T13:20:14+00:00

Unitree Robotics Co., Ltd. applied for STAR Market IPO on March 20, with China International Capital Corporation (CITIC Securities) as the sponsor. The company focuses on high-performance robot R&D with leading sales figures. Revenue is projected to grow significantly from 2023 to 2025, with plans to raise 4.202 billion yuan for multiple intelligent robot projects.

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2026-03-21 13:20:14

Abstract generation in progress

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 has pioneered the global sale and industry application of high-performance quadruped robots, with global sales of high-performance humanoid and quadruped robots maintaining a leading position in recent years.

In terms of performance, from 2023 to 2025, the company’s operating revenue is projected to be 159 million yuan, 392 million yuan, and 1.708 billion yuan, respectively; net profit attributable to the parent company is expected to be -11.1451 million yuan, 94.5018 million yuan, and 288 million yuan, respectively.

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

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