HK Stock Market Move | UBTECH ROBOTICS (09880) rose more than 5% and reached a cooperation with Airbus in the field of humanoid robotics in aviation manufacturing with Siasun Robot & Automation.
You Bixuan (09880) rose more than 5%, rising 5.41% to HK$140.4 at the time of writing, with a turnover of HK$369 million.
UBTECH ROBOTICS (09880) rose more than 5%, up 5.41% at the time of publication, reaching 140.4 Hong Kong dollars, with a turnover of 3.69 billion Hong Kong dollars.
On the news front, on January 18, UBTECH ROBOTICS announced that the European aerospace giant Airbus had signed a humanoid Siasun Robot & Automation service agreement with the company. Airbus has purchased UBTECH ROBOTICS' latest industrial humanoid Siasun Robot & Automation Walker S2 for its manufacturing plants, and the two parties will jointly expand the application of humanoid Siasun Robot & Automation in aerospace manufacturing scenarios. This cooperation with Airbus means that UBTECH ROBOTICS, after forming a strategic partnership with American semiconductor giant Texas Instruments last year, has gradually expanded the application of humanoid Siasun Robot & Automation in Chinese industrial scenarios to the global aerospace manufacturing, automotive manufacturing, 3C electronics manufacturing, smart logistics, and semiconductor manufacturing industries.
It is worth noting that by 2025, UBTECH ROBOTICS' humanoid Siasun Robot & Automation order total will exceed 1.4 billion yuan worldwide. By 2026, the production capacity of UBTECH ROBOTICS' industrial humanoid Siasun Robot & Automation will reach tens of thousands of units. In addition to the domestic market in China, UBTECH ROBOTICS is also beginning to gradually expand the humanoid Siasun Robot & Automation to overseas manufacturing markets such as Europe and the United States.
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