Explainer-What is Unitree and why are China’s humanoid robot makers racing to list?

AI summary

Chinese robot maker Unitree has priced its Shanghai initial public offering at 150.8 yuan per share, with subscriptions to start on ‌Monday, as it seeks to raise 6.1 billion yuan ($904 million) in a deal that ‌would see it become the first mainland-listed humanoid robot manufacturer. Below are some facts about Unitree, and why it is leading ​several Chinese robotics companies towards public listings. WHAT IS UNITREE?