Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
UBTECH ROBOTICS CORP LTD Class H ( (HK:9880) ) has issued an announcement.
UBTECH ROBOTICS CORP LTD has announced a significant milestone by securing its first procurement contract for large-sized bipedal humanoid robots, Walker S1 and Walker C, intended for use in automobile factories. This contract marks a crucial step towards the commercialization of its embodied intelligent humanoid robots in industrial manufacturing scenarios, validating their application in such environments. The company has already received an advance payment and remains committed to further research, development, and preparation for mass production.
More about UBTECH ROBOTICS CORP LTD Class H
UBTECH ROBOTICS CORP LTD is a company incorporated in the People’s Republic of China, operating in the robotics industry. It specializes in the development and commercialization of intelligent humanoid robots, focusing on industrial manufacturing and commercial hospitality sectors.
YTD Price Performance: 48.41%
Average Trading Volume: 13,461,052
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$36.03B
See more data about 9880 stock on TipRanks’ Stock Analysis page.