agibot unitree robot shipping revenue growth

AgiBot hit 10,000 units shipped by March 30. Morgan Stanley says global humanoid robot shipments in 2025 could reach 13,000 to 16,000, with China making about 90%. Unitree's 2025 revenue jumped 335% with 60% gross margins. UBTech launched its Walker S2 into mass production. So China's producing nearly all humanoid robots and the pace is speeding up. TrendForce projects Unitree and AgiBot to control around 80% of 2026 shipments. Embodied intelligence is a key focus in the 2026 to 2030 plan. Similar to the EV supply chain growth. I looked for US ETFs with exposure and found it's limited. $KWEB is internet-focused, $CQQQ has a small A-share slice, so they mostly miss it. $CNQQ includes names like CATL, BYD, and Xiaomi, though it's a small fund with a short history. 60% gross margins on a hardware company scaling fast. That number stood out to me.