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2026-09-25 11:41:44 Citi's research report cited management as saying that UBTECH ROBOTICS (09880.HK) maintained its 2026 industrial humanoid robot shipment target of 4,000-5,000 units, with bipedal and wheeled robots each accounting for half. Although around two-thirds of current humanoid robot demand comes from government data training centers, industrial user orders are expected to gradually replace training center demand over the next one to two years. UBTECH ROBOTICS believed EBITDA may turn profitable in 2H26, and net profit may be recorded in 2027. In addition, UBTECH ROBOTICS is set to launch its self-developed simulation platform to reduce reliance on NVIDIA Corporation (NVDA.US) robotics toolkits and pave the way for import substitution across the broader ecosystem in the future. The broker maintained its Buy rating on UBTECH ROBOTICS with a TP of HKD125. ~ AASTOCKS Financial News Website: www.aastocks.com | |