UBTECH ROBOTICS Shares Surge Again, Humanoid Robot U1 Pre-Orders Exceed 3800 Units

Stock News06-15

The stock of UBTECH ROBOTICS (09880) has surged once more, gaining over 7%. At the time of writing, the shares are up 6.65% to HK$113.9, with a turnover of HK$512 million.

Reports indicate that the U1 humanoid robot, designed primarily for emotional companionship, has garnered over 3,800 pre-orders within ten days of its launch, with corresponding deposits totaling more than ten million yuan. The product page on "U-World's JD.com Self-operated Flagship Store" shows that two ultra-bionic humanoid robot models (male and female versions) are now available for pre-order with a deposit of 3,000 yuan per unit. They are expected to be available on the market by June 30, though the final price has not yet been announced. The remaining balance for orders will be due starting in the early hours of July 16.

Furthermore, on June 11, Muxi Co., Ltd. and UBTECH ROBOTICS formally signed a strategic cooperation agreement in Nanjing, establishing a joint venture named Xixuan Chuangzhi Technology (Wuxi) Co., Ltd. The aim is to bridge the collaborative barriers between embodied intelligent terminal applications and domestic high-end computing power, supporting the domestic embodied AI industry in advancing towards a new stage of independent, high-quality development. The project is scheduled to achieve mass production by 2028. At that time, it is expected to create a secure and reliable "domestic brain" for China's embodied AI industry, significantly enhancing the autonomous perception, decision-making, and execution capabilities of humanoid robots.

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