Deep Robotics has completed IPO tutoring for a prospective listing on Shanghai’s Star Market and is expected to submit its prospectus at a later date, IPO Zaozhidao reported, citing documents filed by China Securities with the Zhejiang branch of the China Securities Regulatory Commission on April 16.
According to the report, Deep Robotics’ listing tutoring involved only one phase, from December 23 last year to April 16. The issues identified during the process concerned the signing of labor contracts and the establishment of an internal control system.
The development makes Deep Robotics another member of Hangzhou’s “six little dragons” to make substantive IPO progress. On April 16, Manycore Tech officially listed on the Hong Kong Stock Exchange, becoming the first company among the group to go public. On March 20, Unitree Robotics’ Star Market IPO application was accepted. Separately, media reports have said BrainCo has confidentially filed a prospectus with the Hong Kong Stock Exchange.
Founded in 2017, Deep Robotics focuses on embodied intelligence, a field that refers to artificial intelligence systems designed to interact with and learn from the physical world. The company is a national high-tech enterprise specializing in the R&D, production, sales, and servicing of quadruped robots, humanoid robots, and core components. It has built an end-to-end technology system spanning perception, decision-making, and execution. Its technologies have reportedly been deployed across multiple new scenarios.
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Deep Robotics has emphasized products defined by real-world use cases. Its Jueying quadruped robot series was the first in the world to achieve fully autonomous substation inspections, according to the company. The system has an overall recognition accuracy rate of 96.5% and has been deployed in more than 100 substations operated by State Grid Corporation of China, China Southern Power Grid, and other customers.
Deep Robotics’ products are also used in emergency firefighting and rescue, security patrols, and industrial operations and maintenance. Its core product business covers 50 countries and regions, with deployments in more than 1,200 industry scenarios, according to the company. In 2025, it ranked first globally in market share for industrial applications of quadruped robots, according to IPO Zaozhidao.
Separately, Zhu Qiuguo, Deep Robotics’ founder and CEO, has said the company is developing standardized integrated robotics solutions. Through open platforms and technical interfaces, it is working with industry partners to build vertical applications, lower adoption barriers, and reduce integration costs for industrial users.
Deep Robotics is also moving from technology R&D toward scaled mass production. It is building flexible automated production lines to support global expansion and working with international partners to bring solutions tested in China’s complex industrial settings to overseas markets. The company aims to take part in the restructuring of the global industrial value chain and strengthen China’s early position in embodied intelligence.
This article was adapted based on a feature originally written by and published on IPO Zaozhidao. KrASIA is authorized to translate, adapt, and publish its contents.