IPO Zaozhidao

The EV maker reported another quarter of non-GAAP profit amid healthy demand for the ES8 and ES9.

The company expects to begin trading in Hong Kong on September 9 as it raises capital for R&D, expansion, and acquisitions.

Three newer product lines accounted for 13.1% of the company’s first-half revenue.

The startup says its system can autonomously complete a 55-step workflow using the same tools and workspace designed for humans.

The company is pushing deeper into industrial deployments while broadening its humanoid robot lineup across commercial and consumer uses.

The ride-hailing company plans to expand its fleet in China while targeting Hong Kong and the UAE for overseas deployment.

It plans to use the proceeds to fund R&D, expand overseas, and broaden its AI and 3D vision product portfolio.

Unitree’s IPO has raised valuation benchmarks, sharpening investor focus on companies that can scale production and sustain commercialization.

Rapid GPU cloud growth contrasted with more modest gains in AI applications.