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Unitree Robotics surges 629% on STAR Market debut, valued at CNY444.91 bln

Unitree Robotics made its trading debut on Shanghai Stock Exchange’s STAR Market on Wednesday, opening at 1,100 yuan per share, a 629.44% jump from its IPO price, giving the firm a market capitalization of 444.91 billion yuan. Retail investors holding one standard 500‑share IPO allotment stood to book around 474,600 yuan in paper profit if selling at the opening price. Founded in 2016 by Wang Xingxing and headquartered in Hangzhou, Unitree is among China’s rare general‑purpose robotics firms generating substantial revenue and consistent profits. For the January‑June period of 2026, the company posted operating revenue of 1.152 billion yuan, rising 48.54% year‑on‑year.

2026-08-19Briefs

Chinese Firms Lead Global Humanoid Robot Shipments in First‑Half 2026

Global humanoid robot shipments reached approximately 19,100 units in the first half of 2026, more than tripling from 5,100 units a year earlier, according to data from U.S.-based market research firm Smart Analytics Global (SAG), with Shanghai-based AGIBOT overtaking Hangzhou-based Unitree to claim the top market share. AGIBOT shipped 8,400 units in the first half of the year, accounting for 44% of global shipments, while Unitree ranked second with 5,900 units, SAG said. Both Chinese companies substantially outsold major U.S. players including Tesla, Figure AI and Agility Robotics, underscoring the rapid development of China’s humanoid robotics industry. SAG, headquartered in California, projects global humanoid robot shipments will reach approximately 60,000 units this year and rise to 500,000 units by 2030....

2026-08-10China

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Briefs

China Telecom's TeleAI incubates embodied AI startup Gamma Robotics
China Telecom's Artificial Intelligence Research Institute (TeleAI) has incubated Gamma Robotics, an embodied AI company that has recently registered in Shanghai's Xuhui district and moved into Mosu Space, according to company information. Gamma Robotics is an independent market-oriented entity invested by China Telecom Group and incubated by TeleAI. It will co-build a humanoid robot laboratory with TeleAI.
13 hours ago
MIRACLE AUTOMATION's Jiangsu robot data center amasses PB-scale embodied AI data
MIRACLE AUTOMATION, the automotive equipment maker operating the Jiangsu Province Embodied Intelligent Robot Industrial Data Collection and Training Center, has accumulated nearly 20,000 hours and PB-scale multimodal embodied AI data, the company said. The center has built 36 first-level application scenarios and 163 second-level segmented data-collection scenarios. MIRACLE AUTOMATION is seeking to translate its long-standing production-line experience into data and technology capabilities that can support the industrial deployment of embodied AI.
13 hours ago
Shenzhen's YITA DYNAMICS raises over 100 mln yuan in seed funding
Shenzhen-based embodied intelligence operation platform and power system company YITA DYNAMICS said it has completed seed and seed-plus funding rounds totaling more than 100 million yuan ($14 million). The rounds were jointly invested by Matrix Partners China, SenseTime Guoxiang Capital, CCB International, L2F Light Source Entrepreneur Fund, Galbot and Fourier Intelligence. Founded in May 2026, YITA DYNAMICS is focused on building underlying infrastructure for embodied intelligence hardware and has developed compliant force-controlled dual arms and high-performance joint modules.
18 hours ago
Robot Warriors Challenge held in Beijing E-Town with 29 teams competing
The autumn edition of the 2026 Robot Warriors Challenge was held on Oct. 18 at the Nanhaizi Park waterfront plaza in the Beijing Economic-Technological Development Area, also known as Beijing E-Town, with 29 teams from across China taking part. As an independent event IP created by Beijing E-Town, the competition aims to push robots beyond running and jumping demonstrations toward real-world operational tasks. MirrorMe Technology, GENISOM AI Milk Long Team B, Xingyuan Dynamics Team A and AK Brothers Team B won their respective categories.
18 hours ago
AGIBOT, Wuhan partners launch humanoid robot smart retail warehouse
AGIBOT has partnered with Wuhan Culture and Tourism Group and Zhongyun Weixun to build the world's first smart retail warehouse operated by full-size bipedal humanoid robots. Its Expedition A3 Ultra robot has begun offering self-service retail services at Jiangyushang on the Wuhan riverside. The project has completed 827 orders in its phase to date, with a robot grasping success rate of more than 97%.
18 hours ago
Tesla's third-generation Optimus robot ready for mass production
Tesla's third-generation Optimus humanoid robot is ready for mass production, refocusing market attention on the sector. Artificial intelligence is moving from the digital world into physical space, with humanoid robots viewed as one of the most important embodiments of physical AI.
18 hours ago
China launches National Data Group in Xiong'an to boost data sector
China established National Data Group Co., Ltd. in Xiong'an New Area, Hebei province, on Oct. 20. The group is a central state-owned enterprise whose main responsibility is the development and utilization of data resources, with headquarters in Xiong'an. The group was set up to advance data resource development and utilization, unlock the value of data elements, support artificial intelligence development and foster the data industry ecosystem, according to the company. After its establishment, it will strengthen central-local coordination and industrial collaboration under the guidance of relevant authorities, promote shared capabilities, experience and business expansion, and work to grow data value, strengthen the data industry and improve the data ecosystem.
1 days ago
Galileo's E1 quadruped robot wins gold at 2026 Canton Fair design awards
Galileo (Tianjin) Technology Co., Ltd.'s E1 series intelligent bionic quadruped robot has won a gold award at the 2026 Canton Fair Design Innovation Award (CF Award). The E1 series is fully self-developed by Galileo, with its complete machine structure, integrated servo joints and bionic gait and posture control algorithms 100% independently controllable. It holds more than 300 independent intellectual property rights. Equipped with all-terrain adaptive posture adjustment and force-sensing technology, the robot can autonomously identify unstructured complex terrain such as stairs, ramps and rubble. It is designed for applications including petrochemicals, power operation and maintenance, rail transit, emergency rescue and security patrol inspection.
1 days ago