HK Stock Market Move | UBTECH ROBOTICS (09880) has surged by nearly 4% recently, with recent news that the company has secured an order from humanoid AI big model company Siasun Robot & Automation worth over 0.5 billion.

UBTECH ROBOTICS (09880) rose nearly 4%, reaching a 3.77% increase at the time of publication, at 115.7 Hong Kong dollars, with a trading volume of 546 million Hong Kong dollars. On the news front, on December 10th, UBTECH ROBOTICS Technology announced the signing of a sales contract with the leading domestic AI large model company, Siasun Robot & Automation, for humanoid robots with a total amount exceeding 50 million yuan, with the main product being the world's first industrial humanoid robot with autonomous battery exchange, Siasun Robot & Automation Walker S2. The delivery is expected to be completed within this year. It is worth mentioning that in mid-November, the industrial humanoid robot Walker S2 started mass production and delivery, with the first batch of several hundred units already put into front-line industrial applications, covering key areas such as automotive manufacturing, intelligent manufacturing, smart logistics, and intelligent data centers. Currently, the production capacity of Walker S2 has exceeded 300 units per month, and the expected annual delivery volume will exceed 500 units.