UBTECH Robotics
UBTECH is China's oldest and best-known humanoid-robot company, and in 2023 it became the first humanoid-robot maker to list on the Hong Kong Stock Exchange.
Company Overview
- UBTECH was founded in 2012 and became a global pioneer of mass-oriented humanoid robots, with the Walker series as its flagship.
- It listed on the Hong Kong Stock Exchange in December 2023, becoming the world's first listed humanoid-robot pure-play.
- Beyond humanoids, UBTECH serves education, commercial service and logistics with a broad robot portfolio.
Key Facts
| Full Name | UBTECH Robotics Corp. |
|---|---|
| Chinese Name | 深圳市优必选科技股份有限公司 |
| Founded | 2012 |
| Headquarters | Shenzhen, China |
| Founder | Zhou Jian (周剑) |
| Stock Code | 09880.HK (Hong Kong) |
| Core Products | Walker/Walker S humanoids, Alpha mini robots |
Data Snapshot
| H1 2026 Revenue | RMB 1.27B (+104.2% YoY) |
|---|---|
| H1 2026 Humanoid Sales | 16,123 units (+268.3%) |
| UWORLD U1 Orders | 13,361 units (delivery starts Sep 2026); price RMB 119,800–990,000 |
| 2025 Elderly-Care Revenue | RMB 420M (+89.1%); Walker X in 237 care chains |
| Education Market | Largest global share (~23%, 2025) |
| Overseas Revenue (2025) | RMB 475M — 23.7% of total; Airbus cooperation |
| Stock | 9880.HK — world's first listed humanoid company (Dec 2023) |
Products & Specs
| Product | Type | Key Specs | Status |
|---|---|---|---|
| Walker S / S2 | Industrial humanoid | Factory and logistics operations | Mass production |
| Walker X | Elderly-care humanoid | Deployed in 237 care chains; partner insurance rental model covering 143K seniors | Deployed |
| UWORLD U1 | General-purpose humanoid | RMB 119,800–990,000; 13,361 pre-orders | Delivery from Sep 2026 |
| Wukong | Companion robot | Consumer companion | Available |
| Jimu / uKit / UGOT | Education robots | ~23% global education-robot share | Mass production |
Key Customers & Partners
- Elderly-care — 237 chains via Youmai Kangyang (麦迪科技) edition; PICC "rental + insurance" pilot (14.3万 seniors)
- Airbus — overseas cooperation
- Industrial OEMs and education institutions worldwide
Recent Milestones
- 2012 — Founded in Shenzhen by Zhou Jian
- Dec 2023 — HK IPO, world's first listed humanoid company
- 2025 — Elderly-care revenue RMB 420M (+89.1%); education share ~23% globally
- H1 2026 — 16,123 humanoids sold (+268.3%)
- Sep 2026 — UWORLD U1 delivery starts (13,361 orders)
Actuators & Sensors
- In-house servo actuator technology across Walker and smaller robots.
- Walker S focuses on stable biped locomotion and human-robot interaction.
- Vision, audio and ultrasonic perception for service scenarios.
Supply-Chain Analysis
- UBTECH develops most servo joint hardware in-house in Shenzhen.
- Reducers sourced from domestic suppliers; scale in education helps amortize R&D.
- The HKEX listing provides international capital for humanoid scale-up.
Competitor Comparison
Versus newer startups (Unitree, AgiBot): UBTECH has longer history and commercial track record in service humanoids, while startups are more aggressive on industrial automation and AI-native design.
Frequently Asked Questions
What does UBTECH Robotics do?
UBTECH Robotics (优必选科技) is a Chinese robotics company whose focus is Walker/Walker S humanoids, Alpha mini robots. It sits in the fast-moving Chinese humanoid and embodied-AI segment, where companies compete on joint actuation, perception and manufacturing cost.
How does UBTECH Robotics compare with humanoid leaders such as Unitree, Fourier or Tesla Optimus?
China's humanoid field is crowded. UBTECH Robotics is part of that ecosystem, competing against better-known names such as Unitree and Fourier and international programs like Tesla Optimus. Differentiation usually comes from Walker/Walker S humanoids, Alpha mini robots, plus supply-chain and cost advantages common to Chinese builders.
Where is UBTECH Robotics based?
UBTECH Robotics (优必选科技) is headquartered in Shenzhen, China, China, one of the country's robot-industry clusters.