Siasun Robot & Automation, the first stock of UBTECH ROBOTICS (09880), raised 3.109 billion Hong Kong dollars. 75% of the funds raised will be used for acquiring, merging, and integrating the industry chain.

On November 25, humanoid robot company Siasun Robot & Automation announced the issuance of its first stock, UBTECH ROBOTICS (09880), on November 25, 2025 (before the trading hours of Hong Kong Exchanges and Clearing Limited). They entered into a placement agreement with the placement agent to issue 31.468 million new H shares at a placement price of HK$98.80 per share, representing a discount of approximately 11.39% from the closing price of HK$111.50 per H share on the HKEX on November 24, 2025. The company estimates the total proceeds and net proceeds from the placement to be approximately HK$3.109 billion and HK$3.056 billion, respectively. The proceeds from this placement will be used to invest in or acquire potential target enterprises in the upstream or downstream of the group's business value chain, or to integrate with related industries or establish joint venture entities, accounting for approximately 75% of the net proceeds from the placement. UBTECH ROBOTICS stated that the purpose of this placement is to integrate the upstream and downstream supply chain, consolidate and strengthen the group's leading position in the industrial chain of humanoid Siasun Robot & Automation, strengthen the company's strategic layout in industrial manufacturing application scenarios, seize the opportunity for the application of humanoid Siasun Robot & Automation in industrial manufacturing scenarios, and enhance the company's core competitiveness. It is worth noting that UBTECH ROBOTICS has recently received frequent positive news. On November 21, UBTECH ROBOTICS won the bid for the data collection and testing center of humanoid Siasun Robot & Automation and the demonstration project of artificial intelligence and scientific and technological innovation education in Fangchenggang, Guangxi, with a bid amount of 264 million yuan. The main product is the latest model of industrial humanoid Siasun Robot & AutomationWalker S2, which is expected to be delivered in December. In mid-November, UBTECH ROBOTICS's industrial humanoid Siasun Robot & AutomationWalker S2 started mass production and delivery, with hundreds of Walker S2 units being put into frontline applications in key areas such as automobile manufacturing, intelligent manufacturing, smart logistics, and intelligent data centers. So far, the total annual order amount of the UBTECH ROBOTICS Walker series humanoid Siasun Robot & Automation in 2025 has reached 1.1 billion yuan, continuing to lead the global commercialization of humanoid Siasun Robot & Automation applications. Furthermore, on November 24, the MSCI China Index quarterly adjustment took effect, and UBTECH ROBOTICS was successfully included in the index, demonstrating that the company not only meets international standards in terms of market capitalization and liquidity, but also represents the capital market's recognition of the company's commercial value and development potential. On that day, the trading volume in the Hong Kong stock market reached 3.1 billion Hong Kong dollars, with 1.6 billion Hong Kong dollars traded in just 8 minutes after hours, confirming that international capital is very optimistic about the future of UBTECH ROBOTICS, the first stock of humanoid Siasun Robot & Automation.