Unitree Robotics’ shares rose 542% on Wednesday in its Shanghai market debut.
The Chinese robotics maker raised about 6.1 billion yuan ($905 million) in its IPO.
Unitree Robotics shares closed over 460% higher Wednesday as the Chinese humanoid robot maker made its stock market debut in Shanghai.
Shares had jumped nearly 630% before paring gains to close at 845 yuan.
The Hangzhou-based robot maker, whose backflipping and dancing machines have drawn global attention, raised about 6.1 billion yuan ($905 million) in its IPO, according to its prospectus.
The IPO also drew backing from Chinese AI company DeepSeek, which invested about 140.8 million yuan.
Unitree's product lineup spans bipedal humanoid robots that can walk and manipulate objects with dexterous hands, as well as four-legged robots used for tasks such as hazard detection.
Ahead of its listing, Unitree unveiled a new humanoid robot called "Superman," which it says can jump two meters from a standing position and run at speeds of up to 12.66 meters per second.
Unitree is the latest high-profile Chinese tech name to hit Shanghai's STAR Market.
Morgan Stanley in June raised its forecast for China's humanoid robot shipments to 50,000 units this year.
