Unitree Robotics' restructuring fuels IPO speculation in China
scmp.com —
Unitree Robotics, a leading Chinese humanoid robot startup, has transitioned to a joint stock limited company, sparking speculation about a potential initial public offering. This change allows the company to issue and transfer shares. The restructuring, effective Thursday, May 29, 2025, was attributed to "company development needs," according to a letter to business partners. This move is seen as a step towards raising capital for expansion, as the robotics sector booms in China. Unitree's CEO reportedly mentioned a possible Hong Kong listing during a recent visit. The company's shift aligns with the rapid growth of AI-driven robotics firms in China.