After Unitree's IPO Acceptance, the Logic Behind Galbot's Valuation Exceeding 20 Billion Yuan Emerges
Unitree Technology's recent IPO acceptance has ignited the robotics industry. A detail in its prospectus reveals that Unitree sold over 15 million yuan worth of robots to Galbot between January and September 2025. This transaction highlights a clear industrial division of labor: while Unitree provides stable hardware platforms, Galbot focuses on advanced AI models and scenario-based applications, driving its valuation beyond 20 billion yuan.