Humanoid robots have become Beijing’s strategic priorityHumanoid robots dance at the Unitree booth during the World Artificial Intelligence Conference in Shanghai, China, July 17, 2026. The retail portion of the IPO was 5,526 times subscribed, with individual investors submitting 9.8 million orders, according to an exchange filing released on Monday (Aug 10). The Hangzhou-based company sold 40.4 million shares at 150.8 yuan apiece, raising about 6.1 billion yuan (US$904 million) to become mainland China’s first publicly traded humanoid robot maker. A successful listing could also build momentum for other Chinese robotics companies pursuing IPOs, including Leju Robotics and Deep Robotics. Another humanoid robot developer, Shanghai AgiBot Innovation Technology, has started the process for a Hong Kong listing, Securities Daily reported in July.