China's Unitree Robotics, the Hangzhou-based robot maker behind the viral G1 and H1 humanoid robots, has filed for a 610 million USD IPO on Shanghai's Star Market. The company reported 1.71 billion yuan revenue last year, up 335% year-on-year, riding the wave of surging interest in embodied AI. https://scmp.com/business/banking-finance/article/3347365/chinas-unitree-robotics-rides-humanoid-tide-it-targets-us610m-ipo #China #Tech #Robotics #Unitree #IPO
China’s Unitree Robotics rides humanoid tide as it targets US$610m IPO

Prospectus reveals that company’s revenue jumped 335 per cent last year, while net profit surged nearly eight times.

South China Morning Post