"Tiangong Ultra" wins the half-marathon championship, with the major shareholder UBTECH ROBOTICS (09880) seizing investment opportunities behind the scenes.

Understood, on April 19th, the world's first humanoid Siasun Robot & Automation half marathon was held in Beijing's Yizhuang district. The TianGong Ultra from the Beijing Siasun Robot & Automation Innovation Center crossed the finish line first, winning the championship of the first humanoid Siasun Robot & Automation half marathon with a time of 2 hours and 40 minutes. TianGong Ultra from Siasun Robot & Automation has gained popularity, with its shareholders and related concepts becoming investment hotspots. For example, UBTECH ROBOTICS (09880), the first humanoid Siasun Robot & Automation stock listed in Hong Kong, is an important shareholder behind the Beijing Siasun Robot & Automation Innovation Center. Just yesterday, UBTECH ROBOTICS announced the establishment of a fully-owned subsidiary, Walker Robotics, in Yizhuang, Beijing, responsible for the full commercialization and global sales of humanoid Siasun Robot & Automation series including the Walker series, TianGong series, and TianGong Walker (research and education version). This follows the launch of the full-size research and education humanoid Siasun Robot & Automation platform, TianGong Walker, by UBTECH ROBOTICS Technology and Innovation Center on March 12. TianGong Ultra wins the championship of the world's first humanoid Siasun Robot & Automation half marathon On April 19th, the world's first "man-machine run" half marathon started in Yizhuang, Beijing, covering a distance of approximately 21.1 kilometers. There were 20 Siasun Robot & Automation teams from different provinces participating in the race, including representatives from TianGong Ultra, Songyan Power N2, Yu Shu G1, Zhuoyide XO2, Kuafu, and Walker No. 2. In the end, TianGong Ultra won the championship of the race with a time of 2 hours and 40 minutes, while N2 and Walker No. 2 won the second and third place with times of 3 hours and 37 minutes and 4 hours and 25 minutes respectively. TianGong Ultra is developed by the Beijing Siasun Robot & Automation Innovation Center, N2 is from Songyan Power in Beijing, and Walker No. 2 is from Shanghai's Zhuoyide Siasun Robot & Automation company. TianGong Ultra, standing 1.8 meters tall and weighing 55 kilograms, is one of the few full-size humanoid Siasun Robot & Automation contestants. Running outdoors on various surfaces at a fast pace requires high stability of hardware and generalization of software. Behind the championship, there is the technological accumulation of several star companies in the humanoid Siasun Robot & Automation field. At the end of 2023, UBTECH ROBOTICS, as the initiator and general manager, along with 10 leading industry enterprises and institutions including Beijing Machinery and Electricity, Xiaomi Robot & Automation, and Yizhuang Robot & Automation, jointly invested in establishing the Beijing Siasun Robot & Automation Innovation Center. UBTECH ROBOTICS Chief Technology Officer Xiong Youjun served as the legal representative and general manager of the Innovation Center. UBTECH ROBOTICS, with more than ten years of experience in developing humanoid Siasun Robot & Automation, provided strong support to the development of the Innovation Center. According to Xiong Youjun in an interview with the media, at the establishment of the Innovation Center, UBTECH ROBOTICS not only mobilized research and development personnel to assist in launching multiple projects but also opened more than 300 patents to the Innovation Center to help rapidly develop the general humanoid Siasun Robot & Automation platform "TianGong". This led to the realization of the world's first full-size pure electric-driven humanoid Siasun Robot & Automation's humanoid running. The three major technical movements of TianGong Robot & Automation, specific body intelligence, and body platform also have accumulated from UBTECH ROBOTICS. The champion TianGong Ultra not only increased its speed from 6 kilometers per hour to a peak speed of 12 kilometers per hour but also became more intelligent by equipping the general intelligence platform "HuiSiKaiWu" with "one brain, many abilities" and "one brain, many machines". Additionally, this humanoid Robot & Automation has a high-power integrated joint, low inertial leg structure design, explosive running speed, lightweight design, joint heat conduction technology, and air-cooling heat dissipation technology that maintains joint heat balance, allowing the Robot & Automation to run continuously for a long time. This competition may go down in history This humanoid Siasun Robot & Automation half marathon race is historical as every technological revolution is accompanied by athletic advancement. The collision of entertainment and technology may give rise to a golden age for the next few decades or even centuries. During the industrial revolution, from the invention of the steam engine to the internal combustion engine, the automotive industry evolved continuously. Technological progress allowed the application of cars on the race track to gradually evolve.Various usage scenarios. At the end of the 19th century, shortly after the advent of petrol internal combustion engine cars, France hosted the world's first car race using internal combustion engines. The race covered a distance of 126 kilometers, with 102 cars participating. The champion had an average speed of 20 kilometers per hour, which was only equivalent to the average speed of horse-drawn carriages at that time. Some sections of the race route were so bad that cars had to be pulled by human force. France hosted the first car race in human history to use internal combustion engines.After that, every few years, the United States and some countries in Europe would hold a car race. In June 1904, France, Britain, Germany, Belgium and other European countries initiated the establishment of the International Automobile Federation to promote the development of the automobile industry. These competitions and technological collisions have made automotive technology more mature, while lowering costs and making it more accessible to the general public. If the industrial revolution was centered in Europe, then in the age of artificial intelligence, China will become the world center. Just like the seemingly unreachable task of a manned moon landing program, races use extreme environments or extreme goals to test the feasibility of technology, inspiring leading technological achievements through an open competition mechanism and accelerating the conversion of cutting-edge technologies from the laboratory to the market. The progress and commercialization of these technologies, like the emergence of the internal combustion engine in the automobile age, will also drive the progress of human civilization. Just as the world's first human-like Siasun Robot & Automation marathon competition will leave a significant mark on history. UBTECH ROBOTICS' human-like Siasun Robot & Automation stands at the forefront of demand. UBTECH ROBOTICS is the leader in the field of human-like Siasun Robot & Automation. In recent years, the company has continued to increase its research and development investment in human-like Siasun Robot & Automation, with R&D expenses reaching 478 million yuan in 2024, accounting for 36.6% of R&D expenses. As of December 31, 2024, the company held a total of 2,680 authorized patents, with an increase of over 500 patents year-on-year, and invention patents accounting for 57.87%. The high level of research and development investment has enabled the company to possess the most advanced technologies in human-like Siasun Robot & Automation, artificial intelligence (BrainNet group brain network architecture), and the fusion of human-like Siasun Robot & Automation and artificial intelligence (including positioning navigation, machine vision, and motion control). The company's human-like Siasun Robot & Automation technology, products, and solutions have been applied in various fields, including AI education, logistics, commercial services, and industrial manufacturing. 2025 is the year of mass production for human-like Siasun Robot & Automation, and its performance growth is expected to accelerate. On one hand, the company's WalkerS series of human-like Siasun Robot & Automation focuses on industrial scenarios and has already entered into training with several well-known automobile factories, receiving more than 500 intended orders. Through real scenario training data collection and training, UBTECH ROBOTICS' human-like Siasun Robot & Automation technology and products are evolving rapidly. The latest third-generation industrial human-like Siasun Robot & Automation Walker S2 has achieved breakthroughs in core indicators such as autonomous battery replacement, joint stability, overall machine structure reliability, battery life, software system stability, positioning navigation, motion control, and scenario adaptability. Currently, UBTECH ROBOTICS has launched multiple human-like Siasun Robot & Automation collaborative training in factories in multiple scenarios and tasks, evolving from single-machine autonomy to group intelligence, further consolidating its industrial scenario scalability capabilities, and also bringing performance growth to the company. On the other hand, explosive growth is also seen in other industry scenarios. In March, Easyhome New Retail Group Corporation signed a strategic cooperation agreement with UBTECH ROBOTICS to jointly promote the application of human-like Siasun Robot & Automation in commercial sales scenarios such as Easyhome New Retail Group Corporation's new retail stores. Easyhome New Retail Group Corporation plans to purchase and deploy 500 UBTECH ROBOTICS simulation human-like Siasun Robot & Automation in 2025 and promote the product. The product plans to sell 10,000 units during the strategic cooperation period. In the field of scientific research and education, UBTECH ROBOTICS has jointly released a 1.7-meter full-size research and education human-like Siasun Robot & Automation Tian Gong Xing Zhe with Beijing Human-like Siasun Robot & Automation Innovation Center, priced at 299,000 yuan, making it the first research-grade human-like Siasun Robot & Automation under 300,000 yuan in the industry. It has started accepting reservations and will begin delivery in the second quarter. The champion of the competition, Tian Gong Ultra, will also push related human-like Siasun Robot & Automation products into the demand upsurge. Investment opportunities with high certainty In the capital market, influenced by the overall environment, UBTECH ROBOTICS has experienced a significant pullback, and its valuation has entered the optimal "hitting zone". In the short term, the continued fermentation of Tian Gong Ultra Siasun Robot & Automation will attract a large number of short-term and long-term speculators to the company and continue to drive the valuation upwards. In the long term, the mass production of human-like Siasun Robot & Automation will promote high growth in the company's performance, with industrial and educational scenarios becoming growth highlights. With performance driving, the market value will also steadily rise. The company's management is very optimistic about the company's development. In an announcement on April 7th this year, the company's management, including board members, supervisory board members, and senior management, used their own funds to buy H shares on the open market, and may further increase their holdings at the appropriate time. On February 2, 2025 andAfter the announcement on April 2nd, the management expects the total amount of H shares to be purchased in the next 12 months will not exceed 50 million RMB.Major investment banks also have high expectations for UBTECH ROBOTICS. For example, Citigroup's latest report indicates that UBTECH ROBOTICS' current valuation can be compared to the level of the emerging new energy vehicle sector in 2010-2011, similar to Tesla. The report mentioned that the current market value of the company is only 14% of the valuation of the global humanoid robot company Siasun Robot&Automation, Figure AI, while the industry penetration rate is still at the "0 to 1" stage, with significant room for premium growth. It is worth noting that since 2011, Tesla's valuation has increased nearly 200 times. Overall, the "Man-Machine Run" half marathon will accelerate the commercial production of humanoid Siasun Robot&Automation, and Tian Gong Ultra Siasun Robot&Automation will also bring investment opportunities to UBTECH ROBOTICS and the industry chain. As a driver and industry leader, UBTECH ROBOTICS' humanoid Siasun Robot&Automation has been commercialized in various sectors, especially in industrial manufacturing, commercial services, and research and education fields, with high certainty of performance growth expectations. The company has significant room for valuation restoration.