Unitree Chairman Wang: "Humanoid Robot Industry Resembles the Early PC Era"...Confident in Growth

Investor Event Held Ahead of Unitree's Listing on Chinese Stock Market
Public Offering Price Set at 150.8 Yuan, Valuation Reaches Approx. 12.8 Trillion Won
Targeting Factory and Home Service Markets in the Mid- to Long Term

Wang Xingsing, chairman of Unitree (Weisukeji), a robotics company preparing for a stock market debut in China, compared the current developmental stage of the robotics industry to the early days of the personal computer (PC) industry, expressing confidence in the sector's growth potential.

According to Chinese media outlets, including China News Service and The Paper, Wang spoke at an online event for investors on the previous day, stating, "The embodied intelligence (physical AI) industry is still in its initial development stage."

Unitree, which is seeking an IPO on the Chinese mainland stock market, recently set its public offering price at 150.8 yuan per share and plans to raise 6.1 billion yuan (approximately 1.2851 trillion won). Based on this, the company's valuation stands at about 61 billion yuan (around 12.8 trillion won). Subscription for shares will begin on August 10.

Chairman Wang noted that Unitree ranked first globally in humanoid robot shipments last year, describing the upcoming listing as a new starting point for the company.

On July 17 (local time), the unitree (Weisu Keji) robot GD01 (first on the right), capable of carrying a person, is displayed at the 2026 World Artificial Intelligence Conference (WAIC) venue in Shanghai, China. Photo by Yonhap News.

When asked whether a price-earnings ratio (PER) of 219 times could be justified, Wang responded, "The markets for our main products, humanoid and quadruped robots, offer vast market opportunities and promising application prospects."

He added, "In the short- to mid-term, humanoid robots will be primarily used in scientific research, applied development, science education, cultural performances, and smart services." He continued, "Our long-term goal is to deploy them as service robots in factories and households."

Wang explained, "In the future, humanoid robots can be deployed for physically strenuous activities, as well as for work that is risky, burdensome, and highly repetitive." He believes, "People will be freed from these exhausting tasks and will be able to dedicate more time and mental energy to innovative activities."

He also expressed his expectations, saying, "Much like inventions such as machine tools, automobiles, computers, and the Internet, humanoid robots will bring more innovation and entrepreneurship opportunities to human life, advancing society as a whole."

Furthermore, Wang remarked, "At present, global AI and embodied intelligence technologies are standing on the eve of a breakthrough. Humanity is moving toward a new dawn of civilization." He proposed, "Let us work together to achieve the ultimate human dream of artificial general intelligence (AGI)."

Regarding Unitree's future direction, Wang stated that the company will continue to advance core software and hardware technologies while also actively exploring a broader range of product types and models, including humanoid robots, quadruped robots, and robots capable of carrying people.

This content was produced with the assistance of AI translation services.