Episode Details

More than 3,000 cuttingedge robots and related products packed the 2026 World Robot Conference, which opened in Beijing on Wednesday, the same day that Unitree Robotics made its debut on the STAR Market in Shanghai and surged 629.44 percent to 1,100 yuan ($163) per share from its initial public offering price.

2026年世界机器人大会于周三在北京开幕，展会汇集3000余台前沿机器人及相关产品。就在同一天，宇树科技登陆上海科创板上市，股价较发行价暴涨629.44%，达到每股1100元（折合163美元）。

As the Beijing conference showcased China's strength as the world's largest producer of robots and a supplychain hub for the industry, Shanghai's capital market bet on what comes next — whether that industrial muscle can drive faster innovation, lower costs and, ultimately, expand share in the global robotics market, industry experts said.

业内专家表示，北京这场大会展现出中国作为全球最大机器人生产国与行业供应链中心的实力；而上海资本市场则押注后续发展：这套产业实力能否推动创新提速、降低成本，并最终扩大中国机器人在全球市场的份额。

That bet played out vividly on Unitree's first trading day. At its peak, a single winning IPO allotment translated into a paper profit of up to 474,600 yuan. Although the shares retreated from that high, they still closed at 845 yuan, up 460.3 percent, valuing the company at 341.77 billion yuan.

这份押注在宇树科技上市首日表现得淋漓尽致。该股盘中巅峰时，中一签账面盈利最高可达47.46万元。尽管股价自高点回落，收盘仍报845元，涨幅460.3%，公司市值达3417.7亿元。

Pan Helin, a member of the expert committee for information and communication economy of the Ministry of Industry and Information Technology, said the surge reflects robust investor confidence in China's embodied artificial intelligence industry.

工信部信息通信经济专家委员会委员盘和林表示，股价暴涨反映出投资者对中国具身智能产业抱有十足信心。

"Despite the share price retreating from its opening high amid broader market pressure, Unitree's performance far outpaced earlier expectations," he said.

他称：“受大盘整体压力影响，股价虽较开盘高点有所回落，但宇树科技的市场表现仍远超此前预期。”

During the 14th FiveYear Plan (202125) period, President Xi Jinping made multiple visits to robotics companies. At the 2026 World AI Conference and HighLevel Meeting on Global AI Governance in Shanghai last month, Xi said that AI is moving from the digital world into the physical world, and he called for greater efforts to advance technological innovation, industrial development and scenariobase