United Robotics approved for Sci-Tech Board listing

Chinese company "Unitrary Robotics," which specializes in manufacturing humanoid robots and quadruped robots, announced that it has passed the listing review on the Science and Technology Innovation Board of the Shanghai Stock Exchange. The company plans to raise approximately 616 million dollars through an initial public offering, with the proceeds to be used for research and development projects, developing new products, and establishing a manufacturing base for intelligent robots. Data indicates that the company's revenue is expected to grow from 159 million yuan in 2023 to around 1.7 billion yuan in 2025, with projections of revenue ranging between 1.052 billion and 1.128 billion yuan during the first half of 2026.

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