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Ubtech Robotics (09880.HK): Shipment of humanoid robots exceeds one thousand units, leading to a significant increase in revenue and gross profit.
Event: The company released its 2025 annual earnings announcement, surpassing expectations. In 2025, the company achieved operating revenue of 2.001 billion yuan, representing a year-on-year increase of 53.3%; the net loss attributable to shareholders was 703 million yuan, compared to 1.1 billion yuan in 2024.
Liang Wenfeng internally announced that DeepSeek V4 will be released in late April.
Sina Tech News, April 10th, by reporters: According to multiple insiders who spoke to the media, Liang Wenfeng, founder of DeepSeek, recently revealed in internal communications that DeepSeek's next-generation flagship large model, DeepSeek V4, will be officially released in late April. Recently, two interaction modes, “Quick Mode” and “Expert Mode,” have quietly gone live on the DeepSeek web platform, supporting concise searches and handling long-term, complex problem-solving tasks. This has sparked industry speculation about the release of the V4 model. Relevant information indicates that DeepSeek V4 will not only feature a trillion-parameter scale and million-level context length.
Wanlian Securities: Humanoid robots are expected to gradually enter the consumer market, with domestic supply chains potentially taking a leading role.
It is recommended to focus on companies that possess core component technologies such as motors, reducers, and controllers, and are capable of achieving low-cost, high-quality mass production.
Goldman Sachs has released a list of the main net purchases and net sales of Hong Kong stocks by southbound funds last week (table).
Goldman Sachs issued a report on Sunday (the 5th) stating that southbound funds recorded a net inflow of 3.2 billion USD into Hong Kong stocks last week. The firm also listed the main Hong Kong stocks that saw net buying and net selling by southbound funds last week: 1) Main Hong Kong stocks with net buying from southbound funds last week │ Net inflow amount last week Tencent (00700.HK) │ 352 million USD Xiaomi-W (01810.HK) │ 260 million USD Hang Seng China Enterprises Index ETF (02828.HK) │ 180 million USD Geely (00175.HK) │ 55 million USD Xunyi (03317.HK) │ 22 million USD 3SBio (015...
Cathay United Securities has raised its target price for Ubtech Robotics (09880.HK) to HKD 184.77, maintaining an "Outperform" rating.
Guotai Junan Securities published a research report stating that Ubtech Robotics (09880.HK) achieved significant revenue growth last year, with over a thousand units of its embodied AI humanoid robots sold, and its net loss narrowed. Last year, the company's total orders for humanoid robots amounted to nearly 1.4 billion yuan. The brokerage expressed optimism about the company’s leadership in advancing the humanoid robotics industry and anticipated further progress in its future financial performance. The brokerage raised its net profit forecasts for Ubtech Robotics’ attributable to parent company shareholders to 5 million yuan and 502 million yuan for 2026 and 2027 respectively, while introducing a new forecast of 799 million yuan for 2028. It also increased the target price to 184.77 yuan, equivalent to a projected price-to-sales ratio of 22 times, maintaining an 'Overweight' rating.
Fenglong Co., Ltd.: The board of directors approved the report to all shareholders regarding the tender offer by Ubtech Robotics.
Gelonghui, April 7 | Fēnglóng Co., Ltd. announced that the Sixth Meeting of the Fourth Board of Directors was convened and voted via telecommunication on April 7, 2026. The Board of Directors reviewed and approved the proposal titled 'Regarding the Deliberation.'