Unitree clears key hurdle to Shanghai IPO as Chinaโs humanoid robot wave gathers pace
Unitree Robotics, one of the leading forces in mainland Chinaโs booming humanoid robot sector, has cleared a major hurdle for its highly anticipated initial public offering (IPO) after passing a listing committee hearing on Monday. The Hangzhou-based company filed to list on Shanghaiโs Star Market on March 20. Following two rounds of regulatory inquiries and an on-site inspection, the hearing approval opens the door for the IPO to proceed to registration and issuance. Unitree said it aimed to...