According to CoinMeta, Unitree had a 5,550-fold oversubscription on the IPO section of the Shanghai Science and Technology Innovation Board. UBS indicates that the grey market opened at a ratio of 3.5 times. The company raised $900 million in IPO, with a pricing of 150.80 yuan per share and a valuation of approximately $9.1 billion. Investors placed 9.8 million orders, showing exceptionally strong retail demand. Morningstar analysts stated that Unitree's IPO provides an important A-share valuation benchmark for embodied AI and humanoid robots. According to Omdia data, Unitree plans to ship over 5,500 humanoid robots by 2025, accounting for 37% of the global market share. The company has gained a leading position in the early stages of the robotics industry and is expected to trigger a wave of robot listings in Asia.