Unitree Employees Report Limited Celebration After IPO

Unitree went public, but some employees said they were not particularly happy about it. The company has become a standout in the robotics industry on the back of its low-cost, high-performance positioning, and founder Wang Xingxing has become one of the most closely watched entrepreneurs. According to PANews, a Caijing interview said Unitree’s high efficiency appears to be built on highly centralized management and long-term high-pressure work. Reimbursements above 100 yuan may require the founder’s approval, employee reports are expected to be brief, and researchers have at times worked on multiple projects at once, with overtime becoming routine. Employees also said the company’s performance, reward, and punishment system emphasizes penalties more than rewards, while salary and benefits are not necessarily competitive. On the day of the IPO, there was no celebration inside the company, and employees continued working without even a bottle of soda to mark the listing. A shareholder employee said that after the listing, the company must deal not only with technical issues but also with stock price swings and outside criticism.