Unitree Technology to open subscription on August 10; Yunshenchu Technology completes IPO coaching; Zhejiang's embodied intelligence industry landscape unveiled

Unitree Technology will open subscription on August 10, and Yunshenchu Technology has completed IPO coaching as it races toward listing. Hangzhou is home to more than 700 embodied intelligence companies, and the industrial cluster's output value reached 106.8 billion yuan in 2025, with domestic market shares of 80% in quadruped robots and 50% in humanoid robots. The "Zhejiang Embodied Intelligence Wolong Map" released by the Hangzhou Venture Capital Association and others includes 128 representative companies, divided into five tiers: bodies, brains and cerebellum, supply chain, scenario applications, and listed companies.