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UBTECH ROBOTICS: Annual Report 2024
Robot Concept stocks rose across the board. SUTENG JUCHUANG (02498) increased by 7.03%. Daiwa pointed out that this year may be a year for the release and expansion of applications of humanoid robot models.
Jinwu Financial News | Robot Concept stocks rose overall, with Sutech Juchuang (02498) up 7.03%, FOURTH PARADIGM (06682) up 6.61%, Yuejiang (02432) up 5.51%, Ubtech (09880) up 5.32%, and Horizon Robotics (09660) up 0.46%. In terms of news, Daiwa released a report stating that 2025 is likely to be the year for the release and application expansion of humanoid robot models. The firm indicated that the rate of self-production and the reduction in costs for key components exceeded expectations. It also mentioned that the actuators and AI algorithms in the humanoid robot supply chain are likely to perform well in the short term.
Chinese humanoid robots are seizing a global $5 trillion "big track"!
Morgan Stanley expects that by 2050, a total of 1 billion humanoid robots will be deployed globally, with annual revenue reaching 4.7 trillion dollars, nearly double the total revenue of the top 20 global Auto Manufacturers in 2024. China's policy support, technological advancements, and manufacturing foundation place it in a leading position in the field of humanoid robots, especially in the Hardware supply chain.
Express News | Ubtech Robotics Says Co Obtains First Procurement Contract for Humanoid Robots for Manufacturing Scenarios
Hong Kong Stock Announcement Gold Mining | BYD Company (01211) reported a net income of 9.155 billion yuan in the first quarter, an increase of 100.38% year-on-year.
SIHUAN PHARM (00460): The facial filler (child's face needle) independently developed by Meiyan Space has obtained market approval from the National Medical Products Administration; GRANDPHARMA (00512): The early detection product for urological tumors has achieved its first commercial prescription in mainland China.
UBTECH (09880.HK): First procurement contract for humanoid robots with embodied intelligence in small batch industrial manufacturing scenarios.
On April 27, Gelonghui reported that UBTECH (09880.HK) announced substantial progress in its earlier entry into several well-known Autos factories to conduct training with embodied intelligent humanoid robots. On April 24, 2025, the company signed a large purchase contract for bipedal humanoid robots with the buyer, procuring products including the large bipedal humanoid robots Walker S1 and Walker C, primarily for production manufacturing and commercial reception in Autos factories. Currently, the company has received the advance payment for the purchase from the other party. This purchase contract signifies the company's commercial implementation in the industrial manufacturing scenarios of embodied intelligent humanoid robots.
小白公主 : Decrease in trading volume.