HK Stock Market Move | UBTECH ROBOTICS (09880) rose over 4% in early trading and reached a strategic cooperation agreement with Texas Instruments. They have recently secured a large number of orders.

UBTECH ROBOTICS (09880) rose more than 4% in early trading, and as of the time of writing, it was up 3.04% to 118.6 Hong Kong dollars with a trading volume of 277 million Hong Kong dollars. On the news front, according to Securities Times, on December 14th, it was reported that Texas Instruments has reached a strategic cooperation agreement with UBTECH ROBOTICS. Texas Instruments has purchased UBTECH ROBOTICS' industrial humanoid Siasun Robot & Automation Walker S2, and is currently deploying and testing applications on its production line. UBTECH ROBOTICS will introduce more of Texas Instruments' components in the core parts of the humanoid Siasun Robot & Automation, and in the future, the two parties will have in-depth discussions and cooperation on the product, technology, and application of the humanoid Siasun Robot & Automation for strategic cooperation in the semiconductor manufacturing industry. It is worth mentioning that UBTECH ROBOTICS has recently secured a number of large orders. The over 50 million yuan AI large model enterprise order disclosed on December 10th, with the core delivery product being the world's first independent swappable industrial Siasun Robot & Automation Walker S2, not only includes hardware supply, but also opens up the underlying interface to support partners in achieving deep integration of "AI large model + Siasun Robot & Automation body". In addition, just in November, UBTECH ROBOTICS also won orders for a 143 million yuan Jiujiang humanoid Siasun Robot & Automation data collection and training center project, a 264 million yuan Guangxi border port project, and a 159 million yuan Zigong data collection center project.