On June 16, it was reported via the Tianyancha App that Hangzhou Unitree Technology Co., Ltd. has recently undergone a significant business alteration, with its registered capital rising from approximately 2.594 million yuan to approximately 2.889 million yuan, marking an increase of roughly 11%. Established in August 2016, the company is led by Wang Xingxing as its legal representative. Its scope of operations encompasses the research and development of intelligent robots, sales, and the manufacture of industrial robots. Among its shareholders are Wang Xingxing, Hanhai Information Technology (Shanghai) Co., Ltd., and Ningbo Sequoia Kesheng Equity Investment Partnership (Limited Partnership), among others.