Unitree Robotics has announced its IPO pricing on the Shanghai Star Market, aiming to raise approximately CNY6.1 billion (around USD843 million). The company plans to offer up to 40.4 million shares at CNY150.80 (about USD22.35) each, representing 10% of its total equity and valuing the company at roughly CNY61 billion (USD8.4 billion). Based on the IPO price, his net worth could potentially reach around CNY18.3 billion (USD2.5 billion). Funds raised from the IPO will be allocated as follows: CNY2 billion for smart robot model R&D, CNY1.1 billion for general robot R&D, CNY445 million (USD61 million) for developing new-generation intelligent robot products, and CNY624 million (USD86 million) for establishing an intelligent robot manufacturing base. Maintaining robust in-house R&D, fostering deep supply chain collaborations, and building strong software ecosystems will be essential for sustained growth and competitiveness.