Unitree Robotics Surges 629% at Open, Market Cap Reaches 444.9 Billion Yuan

Bot Telegraph August 19th report, Unitree Robotics’ stock opened with a 629% increase, reaching a price of 1,100 yuan per share, with a single-sign profit of 474,600 yuan, bringing the company’s total market capitalization to 444.9 billion yuan. As a global leader in the high-performance general-purpose robotics industry, Unitree Robotics ranks first worldwide in shipments of both quadruped and humanoid robots. In the first half of this year, the company recorded operating revenue of 1.152 billion yuan, a year-on-year increase of 48.54%; its net profit attributable to the parent company, excluding non-recurring gains and losses, was 244 million yuan, a year-on-year decrease of 19.34%.

Source: Bot Telegraph China