HK Stock Market Move | UBTECH ROBOTICS (09880) rose over 4% in early trading, partnering with FAW-Volkswagen to advance the implementation of humanoid Siasun Robot&Automation in logistics scenarios.
UBTECH ROBOTICS (09880) rose over 4% in early trading. As of press time, it was up 4.55% at HK$65.5, with a turnover of HK$145 million.
UBTECH ROBOTICS (09880) rose over 4% in early trading. As of press time, it was up 4.55% at HK$65.5, with a turnover of HK$145 million.
On the news front, according to UBTECH ROBOTICS' official WeChat account, the company recently entered into a strategic partnership with FAW-Volkswagen Automotive Co., Ltd. The two parties will jointly advance the development and testing of application scenarios for embodied intelligence Siasun Robot&Automation in the logistics sector, while building demonstration application scenarios to accelerate the deployment and application of humanoid Siasun Robot&Automation in the intelligent manufacturing sector, and promote the implementation and rollout of humanoid Siasun Robot&Automation intelligent manufacturing solutions.
It is worth noting that UBTECH ROBOTICS and Xiamen C&D Inc. recently held a strategic cooperation signing ceremony in Xiamen. The two parties will jointly establish a joint venture company to build the "You Ecology Technology Center Fujian Headquarters," and plan to jointly achieve a sales target of no less than 10,000 UBTECH ROBOTICS humanoid Siasun Robot&Automation units by 2030, promoting the large-scale implementation of embodied intelligence in real industrial scenarios.
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