UBTECH Robotics

UBTECH ROBOTICS CORP LTD describes itself as a leading humanoid robots and smart service robots company. Established in March 2012, it was listed on the main board of the Hong Kong Stock Exchange on 29 December 2023 under stock code 9880.HK. The company states that it has independently developed a full stack of humanoid robotic technologies and engages in the research and development, design, smart production, and commercialization of Embodied AI humanoid robots in industrial, commercial, and household scenarios. Its stated mission is 'bringing intelligent robots into every family, and making everyday life more convenient and intelligent'. Its offerings span humanoid service robots, AI education solutions, commercial service robots and solutions, logistics robotics, smart elderly care solutions, and consumer-grade smart hardware.

UBTECH ROBOTICS CORP LTD was established in March 2012. On 29 December 2023, the company was listed on the main board of the Hong Kong Stock Exchange under stock code 9880.HK. According to its own company profile, it has developed a full stack of humanoid robotic technologies independently and engages in the research and development, design, smart production, and commercialization of Embodied AI humanoid robots in industrial, commercial, and household scenarios. The company states that it establishes four technology clusters: Embodied AI Brain, Humanoid Cerebellum, High-Performance Hardware, and Swarm Intelligence, and that in terms of Embodied AI Brain it has established a system with self-developed models including foundation large model Thinker, world model Thinker-WM, and action model Thinker-VLA.

• UBTECH ROBOTICS CORP LTD was established in March 2012.

• On 29 December 2023, UBTECH was listed on the main board of the Hong Kong Stock Exchange (stock code: 9880.HK).

• As Walker S struck the gong, UBTECH Robotics became the first humanoid robot company listed on the main board of the HKEX.

• UBTECH was officially included in the HKEX Tech 100 Index.

• UBTECH and Hitachi entered into a strategic partnership to jointly explore intelligent solutions across multiple fields.

• UBTECH partnered with collaborators to accelerate global expansion, bringing humanoid robots to European retail logistics environments.

A leading humanoid robots and smart service robots company; among the few global leaders in full-stack humanoid robot technologies.

• UBTECH U1 PRO

  Described as pioneering the mass production of 1:1 full-size ultra-bionic humanoids.

• Walker S

  Referenced in a news item about UBTECH Robotics becoming the first humanoid robot company listed on the main board of the HKEX.

• 2026

  UBTech's persistent losses, humanoid robot order fulfillment and 'mass-production video fraud' questioned

  UBTech reported 2025 revenue of RMB 2.001 billion and a net loss of RMB 789 million, with net operating cash outflow of RMB 784 million and accounts receivable of RMB 1.842 billion with slow collection; it has still not turned a profit 14 years after founding. Its U1 companion robot had 13,361 pre-orders, but deposits were refundable, and it later disclosed that only 1,500–2,000 units could be delivered within the year, raising market doubts about the quality of the orders; previously, the founder of US-based Figure publicly questioned the authenticity of its humanoid robot mass-production video, and UBTech called the claim untrue and released additional videos. On patents, Weilai Huoban had sued for RMB 60 million in compensation, and the patent involved was later declared invalid. Progress: media reports. Entity involved: Shenzhen UBTech Technology Co., Ltd. Scope: UBTech listed company operations and order disclosures.

  Source

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• Unconfirmed

  UBTECH releases Thinker-Sim simulation platform[8]优必选发布Thinker-Sim仿真平台cfi.net.cn

  UBTECH formally released Thinker-Sim, an embodied-intelligence simulation platform.

• 2026.11.03

  Reported2026.11.03

  UBTECH unveils a bionic humanoid robot[9]优必选发布超仿生人形机器人ai.zol.com.cn

  UBTECH introduced a full-size bionic humanoid robot at the Light of Internet Expo in Wuzhen. The article states that the product is priced at 169,800 yuan and is part of its consumer-facing UWORLD robot brand.

• Unconfirmed

  Reported2026.08.29

  UBTech reports H1 2026 revenue up 104.2%, adjusted EBITDA loss narrows[10]优必选上半年营收 12.7 亿元，经调整 EBITDA 亏损收窄ifanr.com

  UBTech released its 2026 interim results: first-half revenue was 1.27 billion yuan, up 104.2% year on year, gross profit was 570 million yuan, up 160.9%, and adjusted EBITDA was -170 million yuan, a 45.9% reduction in loss. Humanoid robot sales totaled 16,123 units, up 268.3%.

• Unconfirmed

  UBTECH introduces AMR logistics robots and solution[11]优必选介绍AMR智能物流机器人及解决方案donews.com

  UBTECH introduced its AMR smart logistics robots and solution for manufacturing, e-commerce logistics and public-service settings.

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1. 1UBTECH: Humanoid Robot | AI Education Robot | Commercial Robot Solutionsubtrobot.com
2. 2About-UBTECHubtrobot.com
3. 3News-UBTECHubtrobot.com
4. 4UBTECH U1 PROubtrobot.com
5. 5UBTech's persistent losses, humanoid robot order fulfillment and 'mass-production video fraud' questionedfinance.sina.com.cn
6. 6UBTech's persistent losses, humanoid robot order fulfillment and 'mass-production video fraud' questionedfinance.sina.com.cn
7. 7UBTech's persistent losses, humanoid robot order fulfillment and 'mass-production video fraud' questionedlianandlien.com
8. 8优必选发布Thinker-Sim仿真平台cfi.net.cn
9. 9优必选发布超仿生人形机器人ai.zol.com.cn
10. 10优必选上半年营收 12.7 亿元，经调整 EBITDA 亏损收窄ifanr.com
11. 11优必选介绍AMR智能物流机器人及解决方案donews.com