According to the app of ETFinance, UBTECH (09880) rose nearly 6% in early trading, and as of press time, it rose 2.96%, at HKD 170.7, with a turnover of HKD 17,5342,000.

On June 3, Rockwell Automation, the world's largest industrial automation and digital transformation company, announced further cooperation with NVIDIA to promote the development of safer and smarter industrial AI mobile robots. Sinolink Securities believes that the addition of AI giants is the core driving force for the development of humanoid robot industry. Looking ahead, the robot sector will face intensive catalysts with the Tesla shareholder meeting on June 13, the Shanghai Artificial Intelligence Conference on July 4, and the Beijing World Robot Conference on August 21.

UBTECH recently announced that its wholly-owned subsidiary, Beijing UBTECH Intelligent Robotics Co., Ltd., signed a technology service contract with Miracle Automation Engineering Co., Ltd., appointing Beijing UBTECH to develop application software and algorithms for humanoid robots on automobile and smart logistics production lines and paying a total of RMB 30 million as development fees. The signing of the technical service contract marks a substantive progress between the company and Miracle Automation Engineering in the landing of humanoid robots in new energy vehicle engineering, smart logistics engineering and other application scenarios.