Unitree deep dive: Wang Xingxing approves every expense over 100 yuan
ChinaTalk · rss · 2026-09-10
ChinaTalk translates a Caijing feature on Unitree CEO Wang Xingxing: he personally approves expenses over 100 yuan, grades execs below 1 on a 0-1.5 scale, and rewards whistleblowers up to 500,000 yuan. After its August 2026 STAR Market IPO — briefly valued at 440 billion yuan — doubts center on R&D spending: 145 million yuan in 2025, just 8.53% of revenue vs UBTech's 25.4%. The free 2025 Spring Festival Gala yangge performance triggered explosive growth: quadruped sales up 222% to 23,000 units, humanoids up 1,165% to 5,215 units.
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