Bullish

Unitree Robotics STAR Market Listing Sets Founder Wang Xingxing Net Worth Above 18.3 Billion Yuan

2026-08-07 11:00

Unitree Robotics files for STAR Market listing at 150.80 yuan/share, implying a 60.99B yuan valuation. Founder Wang Xingxing’s stake reaches 18.31B yuan, with strategic placements involving Tencent and DeepSeek.

Woofun AI reports that Unitree Robotics announced its STAR Market listing plan on August 6, establishing an issue price of 150.80 yuan per share. The issuance comprises 40.4464 million shares, representing 10% of the post-issuance total share capital, and aims to raise approximately 6.099 billion yuan, corresponding to a market capitalization of roughly 60.99 billion yuan.

Founder Wang Xingxing holds 33.36% of the shares directly and indirectly, valuing his stake at approximately 18.312 billion yuan, a substantial increase from the 6.69 billion yuan recorded on the 2025 New Fortune Rich List. The company established two employee asset management plans for 171 key personnel, allocating 1.8004 million shares with a lock-up period of up to 36 months. Nine strategic investors acquired 8.0893 million shares, accounting for 20% of the issuance; participants include DeepSeek (933,400 shares), Shanghai Qishan Investment (9,033,000 shares), and state-owned enterprises such as PetroChina and China Southern Power Grid. Online and offline subscriptions are scheduled to commence on August 10.

WOOFUN AI

Impact Assessment · Quick Read

The listing validates Unitree Robotics' valuation at nearly 61 billion yuan, significantly boosting founder wealth. Strategic participation by Tencent and DeepSeek signals strong institutional confidence in the humanoid robotics sector. The substantial lock-up periods for employees and strategic investors may reduce near-term selling pressure, supporting price stability post-listing.
Generated by WOOFUN AI · For reference only, not investment advice

Comments

Me
Replying to @User
0/800

No comments yet.

Notifications

Sign in to view messages
View all messagesManage subscriptions