Unitree Robotics' "green channel" for an A-share listing has been put on hold, mainland media reported, as authorities concerned about the bubble in the overheated robotic industry.
"Green channel" is a mechanism designed to streamline the review process and shorten the time required for companies to go public by prioritising applications and simplifying procedures.
The company's overall initial public offering plan will proceed through the standard listing process. The cancellation of "green channel" does not affect its listing, the report said.
Unitree Robotics has not responded to the suspension of the green channel so far.
According to data from Chinese startup database IT Juzi, as of December 27, 2025, China’s robotics sector recorded 610 financing events this year, nearly triple the number of 2024 with total funding exceeding 57 billion yuan (HK$63.51 billion), highlighting the sector’s unusually high level of capital activity.
Unitree Robotics is one of the mainland's manufacturers of intelligent robots. It is also one of the "Hangzhou Six Little Dragons," a nickname for a group of fast-growing Chinese technology unicorns based in Hangzhou. The company completed its A-share IPO tutoring process in November 2025.
If successfully listed, the company is expected to become the first humanoid robotics company to debut on the A-share market.
Mainland robotics companies such as Deep Robotics and Leju Robotics have also begun advancing their listing plans since last year.
Cynthia ZHONG
