On October 26, 2026, Unitree Robotics (688836.SH) disclosed that its stock had witnessed abnormal fluctuations, with the cumulative deviation in closing prices surpassing 30% across three consecutive trading sessions (October 22, 23, and 26). By that point, the company's trailing price-to-earnings (P/E) ratio had soared to 465.22 times, towering over the industry average of 38.54 times for the general equipment manufacturing sector. Unitree Robotics urges caution, noting that the humanoid robot industry remains in its nascent commercialization phase, fraught with uncertainties regarding technological advancement, market demand, and supply chain evolution. The widespread adoption of embodied AI technology confronts numerous hurdles, encompassing perceptual precision and the stability of motion control. Should commercialization fall short of expectations, the company's revenue trajectory and financial performance could suffer, potentially triggering a valuation adjustment.