Unitree Robotics has completed its IPO guidance process, according to a report posted Friday on the China Securities Regulatory Commission (CSRC) website by its listing sponsor, CITIC Securities.

After the guidance, CITIC Securities concluded that Unitree Robotics has established the necessary corporate governance structure, accounting foundations, and internal control systems expected of a public company.

The CSRC website now lists the company’s IPO status as “guidance acceptance”, signaling that it has entered the final review stage before a potential public offering.