HK Stock Market Move | UBTECH ROBOTICS (09880) rose over 6% in the afternoon. In the first half of the year, the humanoid Siasun Robot & Automation sold over 16,000 units, an increase of 268% year-on-year.
UBTECH (09880) rose over 6% in the afternoon. As of the time of reporting, it increased by 6.38% to HK$84.15, with a transaction volume of HK$644 million.
UBTECH ROBOTICS (09880) rose over 6% in the afternoon. As of the time of writing, it had increased by 6.38% to HKD 84.15, with a trading volume of HKD 644 million.
In news, UBTECH ROBOTICS mid-term results showed that the company achieved a revenue of RMB 1.269 billion in the first half of the year, representing a year-on-year growth of 104.2%. According to UBTECH ROBOTICS official WeChat account, the sales volume of its humanoid Siasun Robot & Automation reached 16,123 units in the first half of the year, a year-on-year increase of 268.3%; among these, full-sized embodied humanoid Siasun Robot & Automation accounted for 921 units, while non-full-sized non-embodied humanoid Siasun Robot & Automation accounted for 15,202 units. The company stated that sales in these three categories are ranked first globally.
It is worth noting that UBTECH ROBOTICS has currently established a strategic layout that advances in three scenarios: industrial, commercial, and household consumption. It is expected that in the second half of the year, multiple product lines from the Walker series, Cruzr series, and U1 series will be fully produced and begin delivery, fully activating the growth momentum in the three major scenarios.
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