SSE Accepts Unitree IPO Application; Robot Gross Margin Nears 60%

WealthCoffee · 2026-03-21T15:11:57+00:00

Unitree Robotics has submitted an IPO application to the STAR Market, aiming to raise 4.202 billion yuan. The prospectus shows that revenue is expected to increase year by year from 2022 to 2024, with a turnaround to profit in 2024, and net profit reaching 105 million yuan in the first nine months of 2025.

WealthCoffee

2026-03-21 15:11:57

Abstract generation in progress

Caixin First Public Disclosure of Yushu’s Financials. On March 20, the Shanghai Stock Exchange official website showed that humanoid robot company Yushu Technology Co., Ltd. has accepted its IPO application on the STAR Market, with plans to raise 4.202 billion yuan.

Yushu Technology’s prospectus was also made public, revealing that from 2022 to 2024, the company’s revenue was 123 million, 159 million, and 392 million yuan, respectively, with revenue from January to September 2025 increasing to 1.167 billion yuan; net losses were 22.1 million and 11.15 million yuan in 2022 and 2023, respectively. The company turned profitable in 2024 with a net profit of 94.5 million yuan, and from January to September 2025, net profit reached 105 million yuan.

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