Unitree denies report of 50 billion yuan IPO valuation

Unitree denies report of 50 billion yuan IPO valuation

Unitree Robotics, a leading Chinese robotics startup, has denied reports of a 50 billion yuan (approximately S$9 billion) valuation for its planned initial public offering (IPO). The company has been preparing for an IPO and is expected to submit listing application documents in the fourth quarter of 2025 [1].

Unitree's IPO would be a significant event for the Chinese tech market, following a period of regulatory scrutiny that has slowed down IPOs. The company, which is based in Hangzhou, has secured backing from major tech giants such as Alibaba, Tencent, and automaker Geely Holding Group [1]. Unitree's robots, including humanoid and quadruped models, have gained popularity in research, entertainment, and sports events across China.

Despite the company's strong growth and profitability, Unitree has clarified that the reported valuation of 50 billion yuan is not accurate. The company has stated that it is actively preparing for its IPO and expects to submit the filing documents between October and December 2025 [2]. The exact valuation and amount to be raised in the IPO are yet to be disclosed.

Unitree's IPO is expected to take place on an onshore stock exchange in mainland China, with the Shanghai STAR Market being a potential listing destination [2]. The company's IPO will be closely watched by investors and financial professionals, as it represents a significant milestone for the Chinese tech sector and the global robotics industry.

References:
[1] https://www.businesstimes.com.sg/startups-tech/startups/chinese-robotics-startup-unitree-eyeing-50-billion-yuan-ipo-valuation-sources
[2] https://www.scmp.com/business/banking-finance/article/3324049/unitree-dispels-fear-armed-quadrupeds-ipo-stressing-robots-civilian-use