
Unitree Robotics
Low-cost humanoids and robot dogs
Unitree Robotics makes low-cost robot dogs and humanoids (Go2, G1, H2), sold widely to labs, schools and developers. Founded in 2016 by Wang Xingxing, it listed in Shanghai in August 2026, the first humanoid maker listed in mainland China.
- Price leader: the G1 humanoid launched in 2024 at about 99,000 yuan (~$16k), the R1 in 2025 at 39,900 yuan.
- Revenue grew from 159M yuan (2023) to about 1.7B yuan (2025), per its IPO filings.
- Shares rose 460% on their August 2026 debut, closing at a value of about 342B yuan.
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