Unitree Shares Retreat After STAR Market Debut

Single-source brief: TMTPost reports a sharp six-day drop after Unitree Robotics’ STAR Market listing.

What Changed

Unitree Robotics closed at 591.53 yuan on Wednesday, according to TMTPost. That was down 1.87% for the day.

The shares touched an intraday low of 571 yuan. TMTPost said about 200 billion yuan in market value vanished in six trading days.

That represented nearly half the company’s value from its peak, TMTPost reported.

Listing Context

Unitree listed on China’s STAR Market about a week earlier. TMTPost called it China’s first listed humanoid robotics company.

Its IPO price was 150.80 yuan per share. The company issued 40,446,434 shares, equal to 10% of post-IPO share capital.

The IPO price-to-earnings ratio was 219.23 times. TMTPost said the relevant industry average was 38.56 times.

On its first trading day, shares opened at 1,100 yuan. That was 629% above the IPO price.

What Remains Unknown

The supplied evidence does not explain the share decline. It also provides no independent confirmation of the reported market-value change.

This is a public-market move, not evidence of a new robot deployment, product result, or operating change.