Summary
Unitree Robotics made a blockbuster debut on Shanghai's STAR Market, with its stock surging 629.44% to 1,100 yuan from an IPO price of 150.8 yuan. The Hangzhou-based company, which develops quadruped and humanoid robots, plans to use the IPO proceeds for AI model development, hardware R&D, new products, and manufacturing capacity, capitalizing on China's robotics boom.
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