Founded UBTECH Shenzhen. Walker humanoid series. HKEX IPO Dec 2023 earning Humanoid Robot First Stock title. Pivoting to industrial/service humanoids. At its June 2026 launch event UBTECH unveiled the U1 full-size ultra-bionic humanoid with 13,361 orders at launch and a 2027 capacity target of 50,000 units; in Aug 2026 it placed 1.42M new H shares at HK$92 (~HK$131M). Zhou expects humanoid-related revenue to exceed 80% of total in 2026.