3 stories mentioning HKG:9880Updated 1h ago
Every FINWIRES story that references HKG:9880, newest first.
BASiC Semiconductor (HKG:9971) entered into a strategic cooperation with UBTech Robotics (HKG:9880), according to a Wednesday Hong Kong bourse filing.The parties will collaborate on the application of silicon carbide (SiC) power devices in the embodied intelligent humanoid robot niche.The companies will also jointly expand the application scenarios of intelligent semiconductor manufacturing, the filing said.
UBTech Robotics (HKG:9880) completed the conversion of 5.5 million domestic shares into H-shares on July 16, according to a bourse filing Thursday.Following the conversion, the company's H shares increased to 438.2 million, representing about 87.1% of its total share capital, while domestic shares declined to 65.2 million, or nearly 13%.The converted H-shares will begin trading on the Hong Kong Stock Exchange on Friday.
Ubtech Robotics (HKG:9880) officially launched its UWORLD U1 Series of full-size ultra-bionic humanoid robots as part of a move to introduce robots to daily human life, according to a Wednesday release.The series has three models, with one semi-torso version and two full-body robots, starting from 119,800 yuan.As of Wednesday, orders for robots under the series stood at over 13,361 units, the robotics firm said.The move supports the company's goal of human-robot companionship and collaboration through three steps: automating dangerous tasks, offering companionship, and eventually seamless interaction between humans and robots, according to Chairman and CEO James Zhou.
