BUSINESSMay 26 · 05:12 UTCSCMP CHINAHoward Liu

Unitree Robotics reports plunge in first-quarter profits days before crucial IPO hearing

Unitree Robotics, a leading Chinese humanoid robot company, reported a significant first-quarter profit decline amid rising expenses and a price war, raising concerns ahead of its June 1 Shanghai Stock Exchange Star Market IPO review. The company's financial struggles threaten its public listing plans.

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Unitree RoboticsorganizationShanghai Stock ExchangeorganizationStar MarkettopicHangzhouplacehumanoid robot industrytopicIPO applicationtopicprice wartopic

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