The first stock of humanoid robots UBTECH (09880) raises another $315 million to help with the large-scale delivery and implementation of humanoid robots.

According to Zhitong Finance App, on July 22, UBTECH (09880) raised 315 million US dollars through a private placement. It is worth noting that before the placement of UBTECH, the company has recently received a continuous stream of positive orders. On July 18, UBTECH Technology won a bid of 90,511,500 yuan for a robot equipment procurement project, which is currently the largest procurement order for humanoid robot companies in the world. On July 13, UBTECH officially announced that its Tian Gong Zhe robot for scientific research and education has received orders for one hundred units, with an expected delivery of over 300 units this year.