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20/10/2026 11:52

UBTech surges 8%, signs MOU with Ras Al Khaimah, UAE member to promote robot application deployment

The Economic Daily News (20th special report) UBTech (09880) is currently up 8.4%, trading at HK$69.95. The stock has traded approximately 6.73 million shares, involving HK$464 million, with a high of HK$71.6 and a low of HK$65.15; DJI Robotics (02432) rises 5.3%, trading at HK$17.75; Woan Robotics (06600) gains 4.1%, trading at HK$42.88.

UBTech has signed a memorandum of understanding with the Ras Al Khaimah government to promote real-scenario testing, demonstration, and commercial deployment of humanoid robot systems in industrial, commercial services, healthcare, and cultural tourism applications. Both parties plan to explore jointly launching a project called the 'Humanoid Robot Climate Research Program,' using Ras Al Khaimah as a regional platform to advance the development of cutting-edge humanoid robot technologies suitable for the Gulf region.

Ras Al Khaimah is the largest city and capital of the Emirate of Ras Al Khaimah in the United Arab Emirates. It is the sixth-largest city in the UAE, following Dubai, Abu Dhabi, Sharjah, Al Ain, and Ajman.

In addition, UBTech recently led the drafting and participated in the official release of the first batch of six national standards for humanoid robots, namely 'Technical Requirements for Humanoid Robots - Part 1: General Principles,' 'Technical Requirements for Humanoid Robots - Part 2: Environmental Perception,' 'Technical Requirements for Humanoid Robots - Part 3: Decision and Planning,' 'Technical Requirements for Humanoid Robots - Part 4: Motion Control,' 'Technical Requirements for Humanoid Robots - Part 3: Decision and Planning,' and 'Technical Specifications for Humanoid Robot Simulation Testing Platform,' promoting coordinated development of key technologies in humanoid robots. To date, UBTech has cumulatively participated in drafting and releasing 73 related standards, including 4 international standards and 42 national and industry standards.

Currently, the Hang Seng Index stands at 23,969, down 217 points or 0.9%, with main board turnover exceeding HK$99.9 billion. The Hang Seng China Enterprises Index is at 8,060, down 67 points or 0.8%. The Hang Seng Tech Index is at 4,062, down 45 points or 1.1%. (vs)
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