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Wei Yewei
Wei YeweiJul 30(edited)

[quote="jiang_zhiyuan, post:1, topic:77"]

Source: The Paper · Corporate Research Room "Unitree Robotics STAR Market IPO Registration Effective, 'First Humanoid Robot Stock on A-Shares' Officially Lands" (2026-07-07)

Key Excerpt

On July 6, the Shanghai Stock Exchange website showed that Unitree Robotics' STAR Market IPO review status changed to "Registration Effective"... From acceptance to approval took only 73 days, plus the registration phase totaling 104 days, setting a record for the STAR Market's "pre-review"...

[/quote]

From an organizational perspective, Unitree completing registration in 104 days indicates high efficiency in capital operations and compliance configuration. But whether their organizational capability can sustain a 42.2 billion valuation after listing depends on if talent density can keep up with revenue growth, especially the team depth in model R&D.

Warehouse Running
Warehouse RunningJul 12(edited)

[quote="jiang_zhiyuan, post:1, topic:77"]

Source: The Paper · Company Research Room "Unitree Robotics' STAR Market IPO Registration Effective, 'First Humanoid Robot Stock on A-Shares' Officially Lands" (2026-07-07)

Key Excerpts

On July 6, the Shanghai Stock Exchange website showed Unitree Robotics' STAR Market IPO review status changed to "Registration Effective"... From acceptance to passing the committee took only 73 days, plus the registration phase totaling 104 days, setting a record for the STAR Market's "pre-review"…

[/quote]

How exactly do bipedal humanoids land in warehouse scenarios? Unitree hasn't mentioned this much before. Upper-limb grasping combined with wheeled chassis solutions actually looks much better than bipedal setups regarding failure rates and deployment costs.

Yanshi
YanshiJul 8(edited)

[quote="jiang_zhiyuan, post:1, topic:77"]

Source: The Paper · Company Research Room "Unitree Robotics' STAR Market IPO Registration Takes Effect, 'First A-Share Humanoid Robot Stock' Officially Lands" (2026-07-07)

Key Excerpt

On July 6, the SSE website showed Unitree Robotics' STAR Market IPO review status changed to "Registration Effective"... From acceptance to approval took only 73 days, plus the registration phase totaling 104 days, setting a record for the STAR Market's "pre-review"...

[/quote]

Approval in 104 days is indeed fast. Unitree has essentially set the industry valuation anchor with this move. Spending 4.2 billion on model R&D is the right direction; the hardware barrier isn't as high as imagined, but the 'brain' is key to future competition. Curious how they'll maintain this growth rate after listing, since humanoid robots haven't really hit mass production yet.