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Unitree Robotics has priced its Shanghai STAR Market IPO at 150.80 yuan per share, raising approximately 6.1 billion yuan, with offline subscriptions oversubscribed 2,760 times, as the company becomes the first humanoid robot maker listed on China’s domestic A-share market.
DeepSeek has invested 140.8 million yuan in Unitree’s Shanghai IPO, acquiring a 2.31% strategic placement stake, and the two Hangzhou-based companies have agreed to jointly develop AI models for humanoid robots, targeting the physical-world reasoning capability that current language models lack.
Hangzhou has deployed a team of 15 traffic management robots at West Lake tourist sites, marking the first coordinated team deployment of robot traffic police in real-world operations, following a two-month pilot at major sporting events.