UBTECH Robotics
Shenzhen humanoid and service robot maker listed on the Hong Kong Main Board, known for the Walker S industrial humanoids
UBTECH Robotics was founded in Shenzhen in March 2012 and listed its H shares on the Main Board of the Hong Kong Stock Exchange on 29 December 2023 under stock code 9880. The IPO priced at HK$90 per share and raised gross proceeds of HK$1,015.38 million, with E-Town International Holding (Hong Kong) as the sole cornerstone investor. Its line-up runs from the Walker S industrial humanoids and Walker C commercial humanoids to Cruzr wheeled service robots and Alpha consumer robots. Since listing the company has raised further equity through general-mandate placings of new H shares in October and November 2024 and in February, July and November 2025, all priced in Hong Kong dollars. In December 2025 it agreed to buy not less than 43% of Zhejiang Fenglong Electric, a deal put to shareholders at an EGM on 10 March 2026.
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- Founded
- 2012
- Country
- China
- Nov 25, 2025Placing (new H shares)—
- Jul 28, 2025Placing (new H shares)—
- Feb 27, 2025Placing (new H shares)—
- Nov 26, 2024Placing (new H shares)—
- Oct 29, 2024Placing (new H shares)—
- AnalysisSkild AI and Figure top the largest humanoid and embodied-AI funding rounds of 2025-2026, as money moves from robot bodies to robot brains
- MarketService robot sales jump 24% on logistics machines while humanoids sold about 7,000 units in 2025, IFR says
- MarketHumanoid shipments jump 432% to nearly 25,000 in the first half as Chinese makers take over 95% of the market, IDC says
- FundingD-Robotics raises US$400 million to sell its Sunrise chips as the compute layer for China's robot makers
- BusinessUBTech sells 921 full-size humanoids in first half as robot revenue rises 1,445%