BRIEF: Ubtech wins humanoid robot contracts

9880.HK
WeRide, Pony AI makes infrastructure

Robotics maker Ubtech Robotics Corp. Ltd. (9880.HK) said on Sunday it won contracts to supply its Walker S1 and Walker C embodied intelligent humanoid robots for use in automobile production and commercial hospitality applications.

The company called the contracts a ‘critical milestone’ in commercializing its

embodied intelligent humanoid robots for industrial manufacturing scenarios. It added their deployment in automotive production also serves as a proof of concept. Ubtech plans to accelerate its commercialization of such products, including through preparation for their mass production and delivery.

Shares of Ubtech opened up 3% at HK$83.90 on Monday, and were up 1.7% in the afternoon session. The shares are down nearly 60% from their 52-week high.

By Lau Chi Hang

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