Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the change-wp-admin-login domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/u168781334/domains/cashmycurrency.com/public_html/wp-includes/functions.php on line 6170
China’s Unitree unveils ‘Superman’ robot as fervour builds ahead of Shanghai debut | The Express Tribune – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

China’s Unitree unveils ‘Superman’ robot as fervour builds ahead of Shanghai debut | The Express Tribune

China’s Unitree unveils ‘Superman’ robot as fervour builds ahead of Shanghai debut | The Express Tribune

Unitree becomes the first general-purpose robotics company to list on mainland China’s stock market

A staff member places a Unitree’s R1 humanoid robot back in its seat at a Unitree store in Beijing, China, August 1, 2026. — REUTERS


SHANGHAI/BEIJING:

China’s Unitree on Monday unveiled a new high-speed robot it dubbed “Superman”, days before becoming the first general-purpose robotics company to list on mainland China’s stock market.

Unitree, the world’s biggest humanoid-robot maker by ​sales, will start trading in Shanghai on Wednesday after raising 6.1 billion ​yuan ($905 million) in an initial public offering last week.

The company, based ⁠in the eastern Chinese tech hub of Hangzhou, said it developed the new robot ​in just over three months. It achieved a standing jump of two metres and ​reached a top speed of 12.66 metres per second.

The Shanghai debut coincides with the opening of the World Robot Conference in Beijing, adding to investor attention on a company whose humanoid robots ​have drawn global notice for running, dancing and performing martial arts.

The IPO was ​more than 8,000 times oversubscribed by retail investors, a record for Shanghai’s tech-focused STAR Market.

In a social-media ‌post last ⁠week, Unitree said it had cumulatively produced and delivered about 18,000 bipedal humanoid robots across multiple models as of July.

Derivatives market points to strong debut

Unitree said the robot remained a work in progress and could be improved further in the coming months.

Founder ​Wang Xingxing gained national ​prominence after securing ⁠a front-row seat at a summit hosted by Chinese President Xi Jinping for leading technology entrepreneurs last year.

The startup is also ​backed by some of China’s most influential technology companies, including ​Tencent, Alibaba, ⁠and DeepSeek.

ReadChina unveils living AI — robots work, drive and interact

Ahead of Unitree’s Shanghai listing, derivative trading in offshore markets has pointed to a strong debut.

Its shares may also benefit from a broader recovery in Chinese technology stocks following ⁠last month’s ​selloff.

The STAR50 Index has rebounded about 15% from ​a three-month low hit in early August.

Scroll to Top