UBTECH ROBOTICS (09880) plans to issue 30,155,450 new shares, raising approximately HK$2.41 billion.

UBTECH ROBOTICS (09880) announced on July 22, 2025 (before the trading hours of the Stock Exchange) that the company has entered into a placing agreement with a placing agent. The company plans to place 30,155,450 new H shares through the placing agent at a placing price of HK$82.00 per H share, representing a discount of approximately 9.14% compared to the closing price of HK$90.25 per H share reported on the Stock Exchange on July 21, 2025. The net proceeds from the placing is approximately HK$2.41 billion, which is intended for the company's business operations and development (including working capital, general corporate purposes, domestic and overseas investments, and project construction and decoration), as well as to repay the amounts owed to financial institutions under the group's credit facilities (including principal and accrued interest).