From BigGo Finance · BigGo Finance · · 1m 40s
China's Nine Government Departments Back Embodied AI
Unitree Robotics surges 11% as China's nine government departments endorse embodied AI.
In brief
Unitree Robotics surges 11% as China's nine government departments endorse embodied AI. China's nine government departments issued a joint policy to boost embodied AI applications in commerce, driving Unitree Robotics' market value to 190.8 billion yuan. Originally reported by BigGo Finance.
Policy Catalyst
China's Ministry of Commerce and eight other departments issued a joint opinion on accelerating technology-driven commerce.
Embodied AI Focus
The policy explicitly called for raising the application level of embodied AI and other new technologies.
Robot Standards Take Effect
China's State Administration for Market Regulation approved six national standards for humanoid robots effective April 1 next year.
Unitree Robotics Surge
Unitree Robotics shares rose over 11% intraday to 471.65 yuan per share, lifting market value to 190.8 billion yuan.
First Half Results
Unitree reported revenue of 1.152 billion yuan up 48.54% year on year and net profit of 274 million yuan.
Wang Xingxing on Standards
Wang Xingxing, Unitree's founder, said national standards will accelerate and standardize humanoid robot industry development.
AI Progress
Unitree deployed GPT-6 on robots for task testing with potential embodied AI breakthrough in one to two years.
Market Share
The top five humanoid robot companies by revenue are all Chinese, accounting for 57.4% of global market.
Hong Kong Partnership
Hong Kong established first 'Embodied AI International Application Training Ground' with Unitree as partner.
Market Correction
Unitree's market value dropped over 200 billion yuan from peak to 163.849 billion yuan on October 15.
Third Quarter Report
Unitree will release third-quarter 2026 financial results on October 29.
Here's the gist
China's nine government departments issued a joint policy to boost embodied AI applications in commerce, driving Unitree Robotics' market value to 190.8 billion yuan.
