HK Stock Market Move | UBTECH ROBOTICS (09880) increased by nearly 5% again. The company has significantly raised the shipment target of the Walker S series humanoid robots to 5000 units.

UBTECH ROBOTICS (09880) rose nearly 5% again, as of the time of writing, it rose by 2.7% to 102.7 Hong Kong dollars, with a turnover of 627 million Hong Kong dollars. On the news front, on April 1st, UBTECH ROBOTICS disclosed its performance for 2025. In 2025, the company's full-size humanoid intelligent Siasun Robot & Automation (not remote-controlled or for entertainment purposes, height above 160cm) became the company's largest source of revenue, with revenue reaching 820 million yuan, a year-on-year increase of 2203.7%; sales reached 1079 units, a year-on-year increase of 35866.7%. The company's R&D investment in 2025 exceeded 500 million yuan, accounting for 25.4% of revenue, with R&D investment in the full-size humanoid intelligent Siasun Robot & Automation exceeding 270 million yuan. JP Morgan released a research report stating that UBTECH ROBOTICS held an investor conference after its performance announcement, with management positioning 2026 as the year of "large-scale commercialization". The shipment target for the Walker S series humanoid robots has been significantly raised from 2,000 to 3,000 units to 5,000 units, with production capacity planning towards 10,000 units. The bank quoted UBTECH ROBOTICS management emphasizing that while government orders are still a key driving force, they also acknowledge the need to shift towards more industrial and overseas deployments to demonstrate the sustainability of the business model.