BUSINESSMay 26 · 05:12 UTCSCMP WORLDHoward 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, just before its June 1 IPO listing hearing on the Shanghai Stock Exchange's Star Market. The company's financial struggles could impact its IPO prospects.

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Unitree RoboticsorganizationShanghai Stock ExchangeorganizationStar MarketorganizationHangzhouplacehumanoid robot boomtopicprice wartopicinitial public offering (IPO)topic

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