UBTECH ROBOTICS Surges Over 6% on Launch of New Consumer Robot Brand

Stock News05-22

UBTECH ROBOTICS (09880) rose over 6% in trading. At the time of writing, the stock was up 5.96% to HKD 119.2, with a turnover of HKD 950 million.

On the news front, on May 20, the company's founder, Zhou Jian, announced via Weibo the launch of a new consumer-grade humanoid robot brand named UWORLD. The "consumer-grade humanoid robot" is primarily targeted at personal and household scenarios. At this stage, its core applications focus on emotional companionship, education, and entertainment, with exploration beginning into general-purpose task services.

The market is currently showing a clear stratification, ranging from entry-level products priced under ten thousand yuan to general-purpose products aimed at future home services. The pace of bringing these robots to the mass market is accelerating continuously.

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