On June 29, UBTECH rose 5.05% in regular trading, trading at 94.0 HKD/share, with turnover of HKD 167 million. The stock was driven higher by a dual catalyst of new product launches targeting both industrial and consumer markets.
On the news front, UBTECH unveiled its brand-new Cruzr Y1 wheeled industrial humanoid robot for the first time globally, completing a full live demonstration of container depalletizing and palletizing workflows at the exhibition. Simultaneously, the company's U1 series — billed as the world's first full-size ultra-bionic humanoid robot — is set to officially launch on June 30. Pre-sale orders for the U1 have already surpassed 5,000 units after approximately 20 days on the market, far exceeding last year's full-year sales of just over 1,000 units for full-size humanoid robots. UBTECH has set production targets of 10,000 units each for the U1 consumer series and industrial humanoid robots, signaling clear volume expectations across both B2B and B2C segments.
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