Unitree Robotics Sets Sci-Tech Innovation Board IPO Price at RMB 150.80 per Share; DeepSeek Secures 933,390 Shares in Strategic Placement

On August 7, Unitree Technology announced its upcoming listing on the STAR Market, with an initial public offering (IPO) of 40,446,434 shares, representing 10% of its total post-offering share capital, at a price of RMB 150.80 per share. Hangzhou DeepSeek AI Basic Technology Research Co., Ltd. (DeepSeek), as a strategic investor, was allocated 933,390 shares, amounting to approximately RMB 141 million. During an online investor conference held the same day, Unitree CEO Wang Xingxing stated that the company has signed a Strategic Cooperation Memorandum with DeepSeek, under which the two parties will collaborate in three areas: general artificial intelligence (AGI) research and development, high-performance general-purpose robots, and large AI models. Wang also disclosed that Unitree has already shipped over 5,500 humanoid robots in 2025, excluding wheeled dual-arm robots.