UBTech

UBTech stands as one of the few companies globally possessing full-stack humanoid robot technology capabilities. The Shenzhen-based company went public on the Hong Kong Stock Exchange in December 2023, becoming the first publicly traded humanoid robot company worldwide. With over 1,600 patents accumulated by 2022, including nearly 50% invention patents, UBTech has established itself as a technology leader in AI-powered robotics across multiple sectors including industrial manufacturing, smart healthcare, and elderly care.

Company Overview

Founded in 2012 by Zhou Jian, UBTech began with small humanoid robot research and has evolved into a broad-portfolio robotics enterprise. The company’s mission centers on bringing intelligent robots into everyday life, making human living more convenient, intelligent, and personalized.

The company operates across four major business segments: humanoid robots for industrial applications, AI education solutions, smart logistics, and smart elderly care. UBTech has partnered with multiple automakers for factory deployment, making it the only humanoid robot company collaborating with several car manufacturers globally. The Walker S series has entered more automotive factories for training than any other industrial humanoid robot.

In December 2023, UBTech made history when its Walker S humanoid robot rang the gong alongside CEO Zhou Jian at the Hong Kong Stock Exchange listing ceremony—the first time a humanoid robot participated in such a ceremony. The company raised approximately HK$906 million in its IPO, achieving a market capitalization of around HK$38 billion at listing.

Core Products

Walker Series Humanoid Robots

The Walker series represents UBTech’s flagship humanoid robot platform, evolving through multiple generations since 2018. The current industrial versions—Walker S, S1, and S2—stand 1.7 meters tall and feature force-compliant drive joints with rigid-flexible coupling hybrid systems for stable locomotion in manufacturing environments.

Walker S2, launched in November 2025, achieved mass production and delivery, representing a milestone for industrial humanoid robots. The robot features autonomous battery swapping capability within 3 minutes and can lift 15kg payloads with ±162° waist rotation.

Cruzr Commercial Service Robot

Cruzr serves as UBTech’s commercial service platform, deployed in hospitals, exhibition halls, and corporate environments. Based on proprietary U-SLAM indoor positioning and navigation technology, Cruzr provides reception, guidance, and information services with autonomous navigation and multi-language interaction capabilities.

Smart Elderly Care Solution

UBTech’s smart elderly care solution comprises five service robot types and a cloud platform, covering service operations, daily care, safety monitoring, memory care, emotional companionship, and medical rehabilitation. The solution has been deployed at facilities including Shenzhen Shekou Merchants Guanyi Home, Shanghai Songjiang Xinkai Nursing Home, and Hong Kong University Shenzhen Hospital.

Technology & Innovation

UBTech has developed broad humanoid robot technologies including high-performance servo actuators, large language model integration, semantic VSLAM navigation, learning-based motion control, visual perception, and multimodal interaction systems.

The company’s BrainNet 2.0 and Co-Agent technologies enable dual-loop AI systems for industrial humanoid robots, achieving both single-robot autonomy and swarm intelligence coordination. Walker S1 introduced end-to-end learning-based whole-body motion control for dexterous manipulation and stable walking in complex industrial scenarios.

UBTech leads multiple national standards for humanoid robots and embodied intelligence as part of the National Robot Standardization Committee’s Humanoid Robot Standards Working Group.

Market Presence

UBTech has established partnerships across multiple sectors:

Industrial Manufacturing: Collaborations with Dongfeng Liuzhou Motor, Geely’s Zeekr brand, and other automakers for factory robot deployment.

Healthcare & Elderly Care: Joint ventures with Medistone Healthcare Technology for medical robotics and Japanese elderly care leader Medical Care Service (MCS) for global elderly care robot solutions.

Education: Ranked as China’s largest AI education robot provider by revenue in 2022 with 22.5% market share, though educational robot sales have declined from 128,000 units (2020) to 22,000 units (2022).

International Reach: Commercial service robots deployed at overseas 4S dealerships for international automotive brands, with operations expanding across Asia and beyond.

Key Milestones

• 2012: Company founded in Shenzhen
• 2014: First small humanoid robot Alpha developed
• 2016: 540 Alpha robots performed at CCTV Spring Festival Gala
• 2017: Cruzr commercial service robot launched
• 2018: First-generation Walker humanoid robot released
• 2021: Walker X unveiled; Health Business Division established
• 2022: Smart elderly care solution won Edison Invention Award
• 2023: Listed on Hong Kong Stock Exchange (9880.HK) as “first humanoid robot stock”
• 2024: Walker S1 industrial humanoid robot launched; partnerships with automakers expanded
• 2025: Walker S2 achieved mass production and delivery; appeared at 15th National Games opening ceremony

Frequently Asked Questions

What products does UBTech offer for healthcare applications?

UBTech provides smart elderly care solutions including companion robots, assisted walking robots, and delivery robots for nursing homes and hospitals. The Cruzr commercial service robot is also deployed in healthcare facilities for patient guidance and information services. The company has partnered with medical technology companies to develop AI-powered nursing and companion humanoid robots.

Is UBTech publicly traded?

Yes, UBTech is listed on the Hong Kong Stock Exchange under stock code 9880.HK. The company went public on December 29, 2023, becoming the world’s first publicly traded humanoid robot company. At listing, the company raised approximately HK$906 million with an initial market capitalization of around HK$38 billion.

How does Walker S compare to other humanoid robots?

Walker S series stands 1.7 meters tall with 41 servo joints featuring force feedback, making it one of the most advanced industrial humanoid robots commercially deployed. Unlike Tesla’s Optimus which remains in development, Walker S2 has achieved mass production and factory deployment. The robot features unique capabilities including autonomous battery swapping and 15kg payload capacity with wide-range waist rotation.