Unitree Robotics, a prominent Chinese humanoid robot manufacturer headquartered in Hangzhou, has finalized its pre-initial public offering (IPO) tutoring process. The company, a unicorn backed by Citic Securities, completed regulatory approvals with the Zhejiang Securities Regulatory Bureau, signifying a crucial step toward an upcoming listing on the Shanghai Stock Exchange. This pre-listing period commenced on July 18th. The government has stated this milestone represents a significant milestone in China’s continued efforts to enhance its domestic technology sector. The process involved rigorous checks and assessments designed to ensure compliance with regulatory standards.
Credits: News – South China Morning Post
