Wang Xingxing
Coverage of Wang Xingxing in the Nexus archive.
- Unitree to launch IPO next week as US-China robotics rivalry intensifies
Unitree Robotics will launch its initial public offering in Shanghai next week, selling 40.45 million shares (10% of its enlarged share capital). The company's founder, Wang Xingxing, and related parties will retain 31.29% of shares and 65.31% of voting rights post-listing, as China's robotics start-ups compete with U.S. counterparts.
- Rideable robot looks ready to stomp all over us
Unitree's rideable robot GD01 can carry a passenger and transform from two-legged to four-legged form, priced at $574,000, and is part of the company's expanding robotics ecosystem. The robot's capabilities and price point to potential uses in entertainment, research, and specialized industries. Unitree is preparing for a public listing on Shanghai's STAR Market to raise funds for embodied AI research and manufacturing expansion.