Unitree Robotics Hits 444.9 Billion Yuan Valuation as Employees See Wealth Gains

Unitree Robotics debuted on the STAR Market on August 19, with its stock price surging 629% to 1,100 yuan, pushing its market cap to 444.9 billion yuan. While founders and institutional investors saw massive gains, the story also highlights early employees who held stock options at 1 yuan per share during the company's 2017 financial struggles.