Shoucheng sheds ‘old economy’ label with robotic pivot
The company, whose businesses over the years have included everything from steel to fund management, is trying its hand at robotic investment and incubation Key Takeaways: Shoucheng’s gross profit declined…
BRIEF: Ubtech wins humanoid robot contracts
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…
BRIEF: Ubtech revenue grows, loss narrows in 2024
Robot manufacturer Ubtech Robotics Corp. Ltd (9880.HK) announced on Sunday its 2024 revenue grew 23.7% year-over-year to 1.3 billion yuan（$180 million）, as its loss narrowed by 8% to 1.16 billion…
Yunji rides robotics wave to Hong Kong IPO with A-list of backers
Digitization of China’s hospitality sector is boosting demand for related robots, providing fertile ground for the company’s products Key Takeaways: Yunji Technology has filed to list in Hong Kong, reporting…
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