Unitree Robotics

Unitree Robotics is a Hangzhou maker of general-purpose humanoid robots (G1, H1/H1-2, H2, H2-X, R1). It also sells quadruped robots, robotic arms, dexterous hands, LiDAR and its UnifoLM robot models; quadrupeds were its original business (Go2, B2, A2). Its prospectus says it shipped more than 5,500 humanoid robots in 2025, which ranked first in the world, and humanoids became its largest revenue segment at 51.78% of 2025 revenue. It listed on the Shanghai STAR Market on 19 August 2026, the first embodied-intelligence company on the A-share market.

6 humanoid models · 1 deployment on file · researched 2026-11-08

Headquarters
Hangzhou, China
Founded
2016
Ownership
Public · 688836.SH
Website
unitree.com
Focus
research, education, entertainment, industrial
Leadership
Wang Xingxing Founder and CEO ↗
Revenue
CNY 1,700,000,000 (2025, company total (prospectus: 1.70 billion yuan, about 1.699 billion yuan in the company's statement); humanoid robots alone were 868 million yuan, 51.78% of the total) ↗
Last round
IPO (Shanghai STAR Market) · 2026-08
Investors
China Mobile, Tencent, JinQiu Capital, Alibaba, Ant Group, Geely Capital
Production
5,500 shipped by 2025 · Prospectus: humanoid shipments 'exceeded 5,500 units in 2025, excluding wheeled dual-arm robots'; 2023-2025 sales were 33,294 quadruped robots and 5,632 humanoid robots ↗
1

Humanoids

Each model as the maker has shown it. Specs are maker-stated; a dash means no source states the figure.

ModelStatusAnnouncedHeightWeightDoFPayloadRuntimePrice
H2 ↗bionic head with facial features and 2-DOF neck; arm payload rated ~7 kg, peak ~15 kg; 0.972 kWh quick-release battery; optional Thor compute module Commercial2025-10 182 cm70 kg 317 kg 3 h $30KH2 $29,900, tax and shipping excluded; H2 EDU contact sales
R1 ↗low-cost lightweight humanoid with a large multimodal model for voice and images; fully open joint and sensor interfaces; battery life about 1h Commercial2025-07 123 cm29 kg 262 kg 1 h $5Kfrom $4,900 (R1 AIR, 20 DOF, about 27 kg); R1 $5,900; R1 EDU contact sales; tax and shipping excluded
G1 ↗1320x450x200mm standing, folds to 690mm; 23 DOF (EDU 23-43) with optional Dex3-1 force-control three-finger hand; arm load about 2 kg (EDU about 3 kg); quick-release 9000mAh battery Commercial2024-05 132 cm35 kg 232 kg 2 h $14KUS $13.5K, tax and shipping excluded (G1 EDU: contact sales); listed as 'Price from $16K' in a 2024-07 news item
H1 / H1-2 ↗Unitree's first full-size humanoid; moving speed 3.3 m/s (company calls it a world record); 864Wh quick-swap battery; 360 N.m knee. H1-2 variant: about 178 cm, about 70 kg, 27 DOF, 7-DOF arms Commercial2023-08 180 cm47 kg —— — not published
H2-X ↗weight stated as '65+ kg'; dual hot-swappable batteries (1.152 kWh) plus magnetic body charging; continuous walking approx. 8h; head LED display; pitched for security patrol, manufacturing, commercial and home services Commercial— 172.5 cm— 317 kg 8 h $25KH2-X $25400, tax and shipping excluded; H2-X EDU contact sales
"Superman" (unnamed high-performance humanoid) ↗unveiled 17 Aug 2026; two-meter standing high jump and top sprint speed of 12.66 m/s with 0.85 m leg length; developed in just over three months (Xinhua) Prototype2026-08 —— —— — not published
2

Deployments

Named customers, what the robots do there, and how far it has gone.

CustomerWhatWhenStage
China Mobile ↗Unitree to supply smaller humanoid robots valued at CNY46 million under a CNY124 million China Mobile humanoid tender shared with AgiBot2025-07Order
3

Dated facts

Milestones, orders, factories and filings, newest first.

  • 2026-10Abnormal-trading notice: shares rose a cumulative 30%+ deviation over Oct 22, 23 and 26; rolling P/E 465.22 versus 38.54 industry average; company warned humanoid commercialization is at an early stage ↗
  • 2026-09Dual-class shares: founder Wang Xingxing is the only holder of Class A shares (4,407.4296 万), each carrying 10 times the votes of a Class B share ↗
  • 2026-08Listed on the Shanghai Stock Exchange STAR Market on 19 August 2026 as 688836; issued 4,044.6434 万 (40,446,434) new shares, lifting registered capital to RMB 40,446.4340 万 ↗
  • 2026-08IPO priced at 150.80 yuan per share for about 40.45 million shares (10% of post-offering capital), about 6.10 billion yuan gross proceeds; offline subscriptions were 2,760.67 times the initial offline size ↗
  • 2026-08Offer valued Unitree at about 60.993 billion yuan, a P/E of 219.23 versus 38.56 for general-equipment peers; retail demand exceeded shares available by more than 8,000 times, a STAR Market record ↗
  • 2026-08First-half 2026 revenue about 1.15 billion yuan, up 48.54% year on year ↗
  • 2026-07IPO application accepted by the SSE on March 20, approved by the listing committee June 1 (73 days, a record pace), CSRC registration approved July 2 ↗
  • 2026-06Announced H2 Plus, an NVIDIA Isaac GR00T reference humanoid robot for academic research ↗
  • 2026-02Unveiled the UnifoLM-X1-0 embodied model and deployed it for testing in its own robot factory, with robots assembling other robots ↗
  • 2025-08Won four gold medals (1500 m, 400 m, 100 m obstacle, 4x100 m relay) at the first World Humanoid Robot Games in Beijing; H1 hit 5+ m/s ↗
  • 2025-06Completed a Series C round jointly led by China Mobile, Tencent, JinQiu Capital, Alibaba, Ant Group and Geely Capital at a post-investment valuation above RMB 12 billion ($1.64 billion) ↗
  • 2025Revenue rose from 159.13 million yuan (2023) and 392.77 million yuan (2024) to 1.70 billion yuan (2025); 2025 net profit 278.21 million yuan; overseas revenue 731.66 million yuan, 43.65% of main-business revenue ↗
  • 2025Humanoid robots went from 1.88% of revenue in 2023 (quadrupeds 75.78%) to 868 million yuan and 51.78% in 2025, becoming the largest segment ↗
4

Not yet confirmed

Claims seen in only one non-official place. Shown so they can be checked, not as findings.

  • Headcount: 480 employees with about 175-184 in R&D, 516 at end-2025, and Wang Xingxing saying 'more than 1,000'. These come only from web-search snippets (36kr, KuCoin, itiger) and conflict, so employees is left null
  • First-day trading on 2026-08-19: opened at 1,100 yuan (+629%) and closed at 844.80 yuan (+460.34%). Seen only in search snippets (Gasgoo, The Deep Dive, aiweekly) and not fetched
  • TechNode says 2024 revenue was 'over one billion yuan'. The prospectus figure reported by the SSE/China Daily is 392.77 million yuan, so the prospectus number is used
  • Wang Xingxing's prospectus titles (chairman, general manager and CTO) come only from search snippets; the company site calls him founder and 'current CEO'
S

Sources

Retrieved 2026-11-08.

  1. About Unitree — Unitree Robotics
  2. Unitree G1 Humanoid agent — Unitree Robotics
  3. Unitree H1 / H1-2 — Unitree Robotics
  4. Unitree H2 — Unitree Robotics
  5. Unitree H2-X — Unitree Robotics
  6. Unitree R1 — Unitree Robotics
  7. Investor Relations — Unitree Robotics
  8. News Center — Unitree Robotics
  9. 宇树科技 关于变更注册资本、公司类型及修订《公司章程》并办理工商变更登记的公告 (2026-001) — Unitree Robotics (SSE filing)
  10. 宇树科技 股票交易异常波动公告 (2026-004) — Unitree Robotics (SSE filing)
  11. China Daily | Unitree IPO draws spotlight to China's fast-growing humanoid robot sector — Shanghai Stock Exchange (reprinting China Daily)
  12. Global Times | Unitree Robotics kicks off STAR market IPO pricing — Shanghai Stock Exchange (reprinting Global Times)
  13. Chinese robot maker Unitree to debut on Shanghai market Wednesday — eHangzhou (Xinhua)
  14. Unitree raises hopes of mega market debut — eHangzhou (China Daily)
  15. China Mobile Awards Record USD17 Million Robot Tender to AgiBot and Unitree — Yicai Global
  16. Unitree Robotics begins IPO prep, valued at $1.6 billion after Series C funding — TechNode