Unitree's IPO roadshow, translated: what Wang Xingxing told 360 investors

What it found

• 01Unitree priced its IPO on 6 August 2026, the first time a profitable humanoid maker has carried a public price.
• 02On 7 August the company ran a three-hour online roadshow in which chairman, CEO and CTO Wang Xingxing, CFO Wang Feng and board secretary Fu Fenghua answered more than 360 investor questions.
• 03The disclosures cover a DeepSeek robot-brain partnership, the split of humanoid revenue by application, and an actuator architecture that does not use harmonic reducers.
• 04Industrial application sits at 9 percent of humanoid revenue, which is the gap between the pricing and the deployment reality.

The pricing event

What was set on 6 August 2026, and where it trades under.

Questions this report answers

• What did Unitree price at, and what does that imply?
• Where does Unitree's humanoid revenue actually come from?
• What is in Unitree's actuator stack?
• What did the company refuse to answer?

Method and sources

Translated in full from the SSE online investor roadshow held 7 August 2026, 371 typed exchanges, no video, sourced directly from roadshow.cnstock.com. Cross-checked against Unitree's STAR Board prospectus.

Every figure on this page is labelled by provenance. Filing-grade means it comes from a regulatory filing. Company-claimed means the company stated it. Third-party means a tracker, retail listing, teardown, or Core Matter estimate.