en.Wedoany.com Reported - Unitree Technology's STAR Market IPO will be reviewed on June 1. If approved, the company will become the first humanoid robot enterprise to be listed on the STAR Market. The Shanghai Stock Exchange disclosed this news on May 25.

Unitree Technology's IPO was formally accepted by the Shanghai Stock Exchange on March 20, marking the second case under the STAR Market's "pre-review" system. On April 1, the company was selected for on-site inspection of initial public offerings. A securities firm investment banker told media that the smooth review indicates Unitree Technology has passed the on-site inspection.

The inquiry response published on May 25 disclosed updated financial data: For fiscal year 2025, Unitree Technology's revenue reached 1.699 billion yuan, with net profit attributable to the parent company after deducting non-recurring gains and losses of approximately 591 million yuan. The gross profit margin for its main business was 60.13%, an increase of nearly 16 percentage points from 44.22% in 2023. The high gross margin is primarily attributed to core barriers and pricing power derived from full-stack self-developed technology, as well as cost advantages from large-scale production. Unitree Technology's self-research and self-production rate for core components exceeds 90%, effectively controlling upstream supply chain risks and ensuring profitability stability and sustainability.

Unitree Technology stated that the sustained growth in operating revenue is jointly determined by factors such as industry development stage, competitive landscape, downstream application progress and market demand, product competitiveness, and brand position. Profitability is also affected by operational factors including unit cost changes and period expense fluctuations. Meanwhile, the company expects operating revenue for the first half of 2026 to be approximately 1.052 billion yuan to 1.128 billion yuan, representing a year-on-year increase of about 35.62% to 45.41%.

Recently, multiple embodied intelligence companies have intensively initiated A-share IPO processes. On May 18, Deep Robotics' STAR Market IPO was accepted, planning to raise 2.503 billion yuan; on May 19, Leju Robot's ChiNext IPO was accepted, planning to raise 2.6 billion yuan.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com