Ubtech Humanoid Robot Orders Surpass 1.3 Billion Yuan on New Government Contract
UBTECH Robotics Corp Ltd has secured a fresh procurement contract, propelling its total order book for the Walker series humanoid robots to RMB 1.3 billion yuan (US$179 million) for 2025. The continued order growth underscores the accelerating commercial adoption of industrial humanoid robotics in the Chinese market.
The company announced on Thursday that it won a bid valued at RMB 143 million yuan (US$19.7 million) to develop a humanoid robot data collection and training center in Jiujiang, Jiangxi province. This project will utilize the company’s latest Walker S2 model, an industrial humanoid robot equipped with autonomous battery-swapping capabilities.
This latest agreement culminates a period of rapid deal-making for the Hong Kong-listed firm, which has secured multiple contracts exceeding RMB 100 million in the fourth quarter alone. The surge in orders reflects the transition of humanoid robotics from research and development to tangible industrial application.
The deal coincides with Ubtech’s inclusion in the MSCI China Index and a newly announced capital raise intended to bolster its supply chain integration. As mass production stabilizes, the company aims to leverage these financial and operational milestones to solidify its position in the nascent but competitive global humanoid robot sector.
Accelerating Commercial Momentum
The Jiujiang contract is the latest in a series of significant wins for Ubtech this year. According to company data, the aggregate value of orders for its Walker series in 2025 has reached RMB 1.3 billion. This figure notably excludes orders for its full-size research robot "Tiangong Xingzhe" and the smaller "AI Wukong" models, focusing strictly on its industrial-grade lines.
Commercial activity intensified in the second half of the year. In September, Ubtech secured a procurement contract worth RMB 250 million, which was the largest global order for humanoid robots at the time. This was followed by an RMB 126 million order in October. Momentum peaked in November with three separate wins: an RMB 159 million deal, a record-breaking RMB 264 million single-order contract, and the most recent RMB 143 million Jiujiang project.
Production and Delivery Estimates
To meet rising demand, Ubtech has ramped up its manufacturing capabilities. The company initiated mass production and delivery of the industrial Walker S2 model in mid-November, with hundreds of units already deployed to frontline industrial applications.
Current production capacity for the industrial humanoid line stands at 300 units per month. Management expects total deliveries for the year to exceed 500 units, indicating a swift conversion of its order book into deployed assets.
Capital Markets and Supply Chain Strategy
Ubtech has recently strengthened its financial position and market visibility. On November 24, the company was added to the MSCI China Index, a move likely to broaden its exposure to global institutional investors.
Following this inclusion, Ubtech announced on November 25 a proposed placement of 31.468 million new H shares. The placement is expected to raise approximately HK$3.109 billion. The company intends to allocate 75% of the net proceeds toward investing in or acquiring upstream and downstream supply chain enterprises, as well as participating in industry consolidation. This capital allocation strategy aims to reinforce Ubtech's status as a "chain leader" within the humanoid robotics ecosystem.
Regional Deployment
The newly awarded project in Jiujiang aims to establish the first large-scale humanoid robot data collection and training center in Jiangxi province. The facility is designed to support broad scenario coverage and advanced technological development.
Ubtech management stated that the company plans to leverage Jiujiang’s local manufacturing base to expand practical training and application scenarios. The goal is to create typical application cases that can be scaled, driving the mass adoption of humanoid robots across more diverse industrial sectors.