UBTECH acquires controlling stake in Zhejiang Fenglong Electric
UBTECH announced acquisition of a controlling stake in Zhejiang Fenglong Electric to strengthen humanoid robot supply-chain integration.
Evidence notes
- UBTECH announced a controlling-stake acquisition in Zhejiang Fenglong Electric.
- The transaction is positioned as a supply-chain and manufacturing-scale move.
- The deal supports UBTECH's humanoid commercialization and production strategy.
Company context
Chinese robotics manufacturer known for AI-powered humanoid robots (e.g., Walker series), service robots, educational kits, and smart robotic solutions across industries including logistics, healthcare, and STEM education. Listed on HKEX (9880.HK), founded March 2012.