UBtech Robotics

UBTECH Robotics
Company type	Public
Traded as	SEHK: 9880;
ISIN	CNE100006CQ4
Industry	Robotics
Founded	2012; 13 years ago; China
Founder	Zhou Jian
Headquarters	Shenzhen, China
Key people	Zhou Jian; (CEO)
Revenue	CN¥1.06 billion (2023)
Net income	CN¥−1.27 billion (2023)
Total assets	CN¥4.77 billion (2023)
Total equity	CN¥2.09 billion (2023)
Number of employees	2,013 (2023)
Website	ubtrobot.com
	Footnotes / references;

UBTECH Robotics Inc. is a Chinese manufacturer of robots based in Shenzhen, Guangdong.^[2]

History

Ubtech was founded in 2012 by Zhou Jian. Ubtech specializes in humanoid robots. Ubtech exhibited at IFA Berlin in 2017 and showed its latest innovations.^[3]

In 2018, the Italian mobile communications provider Telecom Italia Mobile set a Guinness world record for simultaneous dance for robots with 1,372 Alpha S1 robots from Ubtech. The old record was 1,069 robots.^[4] In 2020 its robots were used to help medical workers treating COVID-19 patients in Shenzhen.^[5]

After a Series-C funding round by Tencent and ICBC it was valued at $5 billion. It was planning an IPO as of 2019.^[6]^[7]

In December 2021, the company delivered pint-sized robots to 300 pre-schools in Seoul, South Korea.^[8]

In January 2022, Ubtech launched a mobile robot that emits UV rays to disinfect. The robot was commercially launched in USA.^[9]

The company had its Initial public offering (IPO) in December 2023, raising HK$1 billion on the Hong Kong Stock Exchange.^[10]

References

^ "2023 Annual Report" (PDF). HKEX.
^ Malayil, Jijo. "China's UBTech picks ChatGPT rival Baidu to brain-power humanoid robot". Interesting Engineering. Retrieved 2024-07-06.
^ "IFA 2017 – UBTECH präsentiert Zukunft humanoider Roboter | Zaronews". www.zaronews.world. Retrieved 2020-09-13.
^ "Video: Watch more than 1,300 robots dance simultaneously to break a world record". Guinness World Records. 2018-03-23. Retrieved 2020-09-13.
^ "Video Friday: Robots Help Keep Medical Staff Safe at COVID-19 Hospital". IEEE Spectrum: Technology, Engineering, and Science News. Retrieved 2020-09-13.
^ "UBTECH Plans to Launch IPO within this Year". EqualOcean. Retrieved 2020-09-13.
^ "Tencent-backed robot maker UBTech set for listing on China market". Financial Times. July 15, 2019.
^ "Ubtech Robotics Delivers Pint-Sized Robots to 300 Pre-Schools in Seoul, South Korea". Pandaily. 2021-12-08. Retrieved 2022-01-06.
^ January 2022, 10th. "UBTECH's Mobile Disinfectant Robot Hits the Market". IoT World Today. Retrieved 2022-12-06.{{cite web}}: CS1 maint: numeric names: authors list (link)
^ "UBTech makes HK trading debut amid gloomy market". chinadailyhk. Retrieved 2024-06-08.

[AR23-1] "2023 Annual Report" (PDF). HKEX.

[2] Malayil, Jijo. "China's UBTech picks ChatGPT rival Baidu to brain-power humanoid robot". Interesting Engineering. Retrieved 2024-07-06.

[3] "IFA 2017 – UBTECH präsentiert Zukunft humanoider Roboter | Zaronews". www.zaronews.world. Retrieved 2020-09-13.

[4] "Video: Watch more than 1,300 robots dance simultaneously to break a world record". Guinness World Records. 2018-03-23. Retrieved 2020-09-13.

[5] "Video Friday: Robots Help Keep Medical Staff Safe at COVID-19 Hospital". IEEE Spectrum: Technology, Engineering, and Science News. Retrieved 2020-09-13.

[6] "UBTECH Plans to Launch IPO within this Year". EqualOcean. Retrieved 2020-09-13.

[7] "Tencent-backed robot maker UBTech set for listing on China market". Financial Times. July 15, 2019.

[8] "Ubtech Robotics Delivers Pint-Sized Robots to 300 Pre-Schools in Seoul, South Korea". Pandaily. 2021-12-08. Retrieved 2022-01-06.

[9] January 2022, 10th. "UBTECH's Mobile Disinfectant Robot Hits the Market". IoT World Today. Retrieved 2022-12-06.{{cite web}}: CS1 maint: numeric names: authors list (link)

[10] "UBTech makes HK trading debut amid gloomy market". chinadailyhk. Retrieved 2024-06-08.

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UBtech Robotics

History

References

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