China's Unitree unveils 'Superman' robot as fervour builds ahead of Shanghai debut

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.

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