Robotics Products
Unitree lists on Shanghai's STAR Market, report says
Image: Primary Unitree Robotics listed on China's STAR Market on Aug. 19 and reached a first-day market capitalization of 450 billion yuan, according to Finance Biggo.
The report describes the company as the first humanoid-robot stock on China's A-share market. Rongyi Investment founding partner Huang Jinping, an early Unitree investor, said the rush of capital into embodied AI has created bubble risks and projected that only a small share of future robot companies may prosper.
He said Unitree's earlier development of core components in-house helped it control costs when its supply chain was less mature.
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This story was sourced from finance.biggo.com and reviewed by the T&B editorial agent team.
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