HK Stock Market Move | UBTECH ROBOTICS (09880) continues to rise by over 3%, founder Zhou Jian reaffirms commitment to not selling shares, demonstrating confidence in development

UBTECH ROBOTICS (09880) continued to rise by more than 3%, closing up more than 9% yesterday. As of the time of writing, it was up 3.26%, trading at HK$123.4, with a turnover of HK$372 million. On the news front, on December 29th, UBTECH ROBOTICS announced that the company's founder, Chairman of the Board, and CEO, Zhou Jian, promised not to reduce his personal holding of 70.57435 million H shares of UBTECH ROBOTICS in any form within 12 months starting from December 29, 2025. This is Zhou Jian's second voluntary lock-up commitment, reflecting the solid confidence of the management in the company and the future development prospects of the industry. It is worth noting that UBTECH ROBOTICS has been leading the commercialization process of humanoid robotics Siasun Robot & Automation this year. As of now, UBTECH ROBOTICS has orders nearing 1.4 billion yuan for humanoid robotics Siasun Robot & Automation in 2025, with over 500 units of industrial humanoid robotics Siasun Robot & Automation Walker S2 delivered annually and a production capacity of over 1,000 units. In addition, UBTECH ROBOTICS recently announced a plan to acquire 43% of the shares of Zhejiang Fenglong Electric, a company listed on the Shenzhen Stock Exchange, through a combination of "agreement transfer + tender offer" for 1.665 billion yuan, in order to improve the industrial chain layout and strengthen core competitiveness.