Unitree gearing up for IPO; Shanghai review next week

China's leading humanoid robot maker posts 1.7 billion yuan in yearly revenue

Chinese humanoid robot maker Unitree Robotics will face Shanghai's listing committee next week for its planned STAR Market initial public offering, as the company reported surging revenue growth, expanding margins and accelerating overseas deployment of its products.

The Shanghai Stock Exchange said it would meet on Monday to review Unitree's IPO application, formally moving one of China's highest-profile robotics startups closer to a public listing.