Wang Xingxing, the robotics aficionado who founded China’s industry-leading Unitree Robotics, made headlines when the 35-year-old was seated in the front row at President Xi Jinping’s high-profile business symposium earlier this week.
“Artificial-intelligence-driven robots are evolving at an incredibly fast pace, surpassing my expectations. Every day brings new surprises,” Wang, who is also the company CEO, told CCTV after the Xi symposium. “I believe that by the end of the year, humanoid robots will reach a whole new level.”
With Unitree remaining privately owned, investors have been chasing its suppliers instead. Zhejiang Changsheng Sliding Bearings’ stock price in Shenzhen jumped 62 per cent in the past five trading days and over 600 per cent in the past 12 months. Ningbo Shuanglin Auto Parts surged 575 per cent from a year ago.
