AsianFin -- Hong Kong-listed robotics firm UBTech Holdings Co. Ltd. saw its shares climb more than 9% following reports that the company has secured a major contract valued at over RMB 90.51 million (approximately $13 million) from MiYi Automotive Technology.
The contract represents the largest humanoid robot order globally to date, highlighting UBTech’s growing dominance in the robotics sector. The project involves the supply of advanced humanoid robots tailored for applications in the automotive industry.
UBTech has rapidly expanded its footprint in AI-driven robotics, focusing on education, service, and industrial robots. The latest deal underscores its ability to capture high-value contracts amid rising demand for automation and intelligent manufacturing solutions.