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Unitree shares soar on Shanghai trading debut

Unitree shares soar on Shanghai trading debut

B2🇹🇼 中文🇺🇸 English

August 20th, 2026

Unitree shares soar on Shanghai trading debut

B2
Please note: This article has been simplified for language learning purposes. Some context and nuance from the original text may have been modified or removed.

🇺🇸 English

Unitree, a major Chinese humanoid robot maker, saw its shares surge as much as 629% in its Shanghai trading debut on Wednesday.

宇樹科技中國主要的仿人機器人製造商,其股票在上海首日交易時一度上漲629%

The company raised about 6.1 billion yuan ($904 million) in its listing on the STAR market.

該公司在科創板上市時籌集了約61億元人民幣(9.04億美元)

Its shares closed 460% higher at 845 yuan ($125.31).

其股價收盤上漲460%報845元人民幣(125.31美元)

Advanced robotics is a key sector in the technology rivalry between China and the U.S.

先進機器人中美科技競爭中的關鍵領域。

China leads in production capacity and manufacturing scale.

中國在生產能力和製造規模上領先

Last year, Unitree and AGIBOT each shipped over 5,000 humanoid robots globally, far ahead of U.S. rivals, according to Omdia.

根據Omdia的數據去年宇樹科技和智元機器人各自在全球出貨超過5000台人形機器人遠超美國競爭對手

For the first half of 2026, Omdia estimates Chinese makers will ship around 18,500 units.

Omdia估計2026年上半年中國製造商將出貨約18500台

Analysts say many humanoid robots are still used mainly for demonstrations and research.

分析師表示許多人形機器人目前仍主要用於展示和研究

Morningstar analyst Kangyuxiao Li said the real test is whether companies can achieve reliable performance in large-scale industrial deployments.

晨星分析師李康宇表示真正的考驗在於企業能否在大規模工業應用中實現穩定表現

Unitree said it will use IPO proceeds for robot research and manufacturing development.

宇樹科技表示將把首次公開募股所得資金用於機器人研發和製造發展

Unitree is the first publicly traded humanoid robotics maker in mainland China.

宇樹科技中國大陸第一家上市人形機器人製造商

Its debut coincided with the World Robot Conference in Beijing.

它的上市時間正好與北京世界機器人大會同時發生。

The company reported about 1.7 billion yuan ($250 million) in 2025 revenue, with over 40% from overseas.

該公司報告2025年營收約17億元人民幣(2.5億美元)其中超過40%來自海外

The U.S. accounted for roughly 13% of revenue last year, but a U.S. ban on new foreign-made robots could affect future sales.

美國去年約占營收的13%,美國對新外國製造機器人的禁令可能影響未來的銷售

Omdia's Lian Jye Su said Chinese makers will likely seek markets outside the U.S., such as Europe.

Omdia的蘇連傑表示中國製造商可能會尋找美國以外的市場例如歐洲

August 20th, 2026

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