Reports indicate that on June 1st, Unitree Technology's IPO application for the STAR Market was approved by the listing committee of the Shanghai Stock Exchange. The company aims to raise approximately 4.202 billion yuan, with funds earmarked for core projects including intelligent robot model development, robot body research, and the construction of an intelligent manufacturing base.

Following this development, the net worth of founder Wang Xingxing, based on his shareholdings, has reportedly surged to 14 billion yuan.

According to corporate registry information, Wang Xingxing is associated with six active enterprises. These include Unitree Technology Co., Ltd., Shanghai Yuyi Enterprise Management Consulting Partnership (Limited Partnership), and Hangzhou Unitree Robot Co., Ltd.

Within these companies, Wang Xingxing holds positions such as legal representative. His business interests span sectors including technology and management consulting.