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Unitree Robotics' prospectus reveals over 70% of revenue from R&D procurement. Wang Xingxing states that in 2025, over 70% of humanoid robot shipments will go to academic and research institutions, drawing a parallel to the PC-era microcomputer labs.
Unitree Robotics' IPO on Shanghai's Star Market, valued at US$9 billion, is set to benchmark China's AI robotics sector, with backing from AI company DeepSeek and others.
Unitree Robotics uses a 'four-step ladder' strategy—research sales, consumer/commercial markets, government procurement, industrial pilots—to gradually cultivate demand for humanoid robots, with each step funding and providing infrastructure for the next.
A Unitree Robotics humanoid robot performed a traditional Chinese martial arts sequence outdoors, demonstrating fluid kicks, stances, and precise movements with strong balance and coordination.