Unitree Robotics founder Wang Xingxing and AgiBot co-founder Peng Zhihui have joined an advisory board of the Shanghai Stock Exchange (SSE), in a move underscoring Beijing’s strategic drive to deepen ties between the onshore stock market and high-tech innovation.
Advertisement
The SSE on Monday announced the formation of its third Committee on Science and Technology Innovation – a 60-member advisory body that includes prominent figures such as chip-tool veteran Gerald Yin Zhiyao and John Deng Zhonghan, often dubbed “the father of the Chinese chip”.
Yin, who renounced his US citizenship and restored his Chinese nationality, chairs and leads Shanghai-based Advanced Micro-Fabrication Equipment (AMEC), while Deng is chief executive of Beijing-based chip designer Vimicro International.
Established in 2019 to guide the development of the Star Market – China’s Nasdaq-style tech board – the committee has steadily expanded, from 48 members initially to 58 in 2023 and now a full roster of 60.
The latest line-up spans a broad range of strategic sectors, featuring Trina Solar founder and chairman Gao Jifan, Great Wall Motor chief growth officer Li Ruifeng, and BrainCo founder Han Bicheng, whose neuro-technology start-up is a rival to Elon Musk’s Neuralink.
Advertisement
BrainCo and Unitree, both based in Hangzhou, Zhejiang province, are recognised among the city’s “Six Little Dragons” – a group of pioneering robotics firms driving advances in humanoid and intelligent machines. Both are also preparing for public listings.