Chinese humanoid robotics company Unitree Robotics has recently completed its Series C financing round, which began at the end of last year, according to the latest market news.

Citing a source familiar with Unitree Robotics' financing matters, Sina Technology reported on Thursday that the financing has indeed been completed recently.

It is understood that Unitree Robotics' Series C financing was co-led by China Mobile's fund, Tencent, Jinqiu Capital, Alibaba, Ant Group, and Geely Capital, with most of its existing shareholders also participating.

Notably, Unitree Robotics' pre-money valuation currently exceeds 10 billion yuan (approximately $1.39 billion).

In late May, Unitree Robotics completed its shareholding restructuring, officially transforming from a limited liability company into a joint-stock company.

Typically, a shareholding restructuring is a prerequisite for a company's initial public offering (IPO).

Therefore, despite the company's response at the time that "this is a routine operational change," the market speculated that it was preparing for an IPO.

And in late April, Unitree Robotics founder Wang Xingxing commented on the topic of listing in Hong Kong, stating that the company has operations in Hong Kong and numerous collaboration opportunities.

Regarding whether Unitree Robotics will list in Hong Kong in the future, he said, "It is possible, but uncertain."

Unitree Robotics was founded in 2016 and is headquartered in Hangzhou, Zhejiang Province.

The company specializes in the independent research, development, production, and sales of consumer-grade and industrial-grade high-performance general-purpose legged/humanoid robots and dexterous robotic arms.

Its humanoid robot H1 interacted with human dancers to perform a traditional Chinese folk dance during this year's Spring Festival Gala on China Central Television, attracting significant market attention.