Chinese humanoid robots creator Ubtech Robotics Corp Ltd (OTCMKTS: UBTRF) will be augmenting its manufacturing capabilities by taking a considerable stake in a major mechanical component supplier.
Last week, the company agreed to acquire a 43 per cent interest in Zhejiang Fenglong Electric Co Ltd (SHE: 002931) for US$237 million. Once the deal closes, UBTech will assume control of Zhejiang’s board.
UBTech says the acquisition is intended to harness Zhejiang Fenglong’s manufacturing know-how to fast-track development and deployment of its humanoid robot creations. UBTech just produced its 1,000th flagship Walker S2 bot and aims to scale up production to 10,000 by the end of next year. To date, the company has received orders for these robots in excess of US$112 million.
Zhejiang Fenglong produces hydraulic components, auto parts and garden machinery. The company is a leader in China’s combustion engine parts industry. It has multiple production facilities in the country with approximately 75,000 square feet of floor space between them. Details about how its manufacturing expertise will benefit UBTech are currently unclear.
In addition to Walker S2, renowned for its ability to change its own battery, UBTech has a portfolio of humanoid robot variations. One of them, the UBTech Panda Robot, is capable of performing Tai Chi and Yoga, dancing and drawing intricate designs or handwriting. Its panda bear face is emblematic of China’s official animal: the Giant Panda. The robotic creation resides at the Chinese Pavilion in Dubai to greet guests.
In early December, UBTech signed a deal with the humanoid robot centre in China’s coastal city of Fangchenggang worth US$37 million to deploy its robots across the Chinese-Vietnamese border. Local authorities are using them for a pilot project that will consist of patrolling checkpoints and inspecting copper, steel and aluminum at certain manufacturing facilities.
Msci Inc (NYSE: MSCI) (FRA: 3HM) accepted UBTech onto the China Index last month. This index measures the performance of large and mid-cap companies in the Chinese equity market. It serves as a benchmark for investors seeking exposure to Chinese stocks. The index is tracked by the performance of an assortment of exchange traded funds.
November also saw UBTech giving Microsoft AI CEO Mustafa Suleyman a tour of its headquarters.
Thrilled to welcome Microsoft AI CEO @MustafaSuleyman and the team to UBTECH headquarters!
It was an inspiring day of discussions on the future of AI and humanoid robots. The future is intelligent, and it's built on collaboration.🤝#AI #Robotics #Microsoft #UBTECH #innovation pic.twitter.com/Kz789LRiQF
— UBTECH Robotics (@UBTECHRobotics) November 19, 2025
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