M 115 core Robotics China

Wang Xingxing 王兴兴

Unitree — volume leader in humanoids; more shipped in 2025 than all US players combined

Homepage

Positions

Founder & CEO · Unitree Robotics

verified 2026-07-08

Companies

Unitree Robotics — founder & CEO

Collaborators & adjacent figures

M 116 · Peng Zhihui the two highest-profile individuals in Chinese humanoids

Signals

2026-03-01 STAR Market IPO filed — ~$610M raise at ~$7B valuation; first audited financials in the humanoid sector (~60% gross margins claimed)
2025-12-31 5,500+ humanoids shipped in 2025; targeting 10–20K in 2026

Observation notes

Owns the unit-volume and BOM-cost story in humanoids (G1 at ~$16K vs Figure 03 at ~$130K). The IPO prospectus is the sector's first audited look at real economics — track it.