HK Stock Market Move | UBTECH ROBOTICS (09880) rose more than 5% in early trading. The company officially released the wheeled industrial humanoid robot Siasun Robot & Automation Cruzr Y1.

UBTECH ROBOTICS (09880) rose more than 5% in early trading, up 5.11% as of the time of writing, at HK$94.650, with a turnover of HK$96.5798 million. On the news front, on June 25th, the OPPO Technology Conference and Supply Chain Technology Exhibition opened at the OPPO Bay Area Park. UBTECH ROBOTICS' new Cruzr Y1 wheeled industrial humanoid Siasun Robot & Automation made its global debut for the first time, demonstrating the complete process of box unstacking and stacking on site, becoming the core highlight of this industrial humanoid track at the exhibition. It is worth noting that UBTECH ROBOTICS' globally first full-size ultra-bionic humanoid Siasun Robot & Automation U1 series will be launched on June 30th. The product received nearly 4000 pre-orders within 10 days of its launch, reaching over 5000 units by June 21st. UBTECH ROBOTICS revealed that the production scale of the U1 series is expected to reach 10,000 units this year. In addition, UBTECH ROBOTICS has set a production target of 10,000 units for the industrial humanoid Siasun Robot & Automation.