UBTECH ROBOTICS (09880) saw its stock price soar by 5.23% in Tuesday's trading session following news of a significant contract win for its humanoid robots. The company's smart logistics subsidiary, UQI, has secured a 30 million yuan procurement contract with Tianqi Automation Engineering Co., Ltd. for its Walker S series industrial humanoid robots.

According to the official announcement, the delivery of these advanced robots is scheduled to be completed by December 31, 2025. This contract comes on the heels of a previous 250 million yuan procurement deal for UBTECH's embodied AI humanoid robot products and solutions, highlighting the growing demand for the company's innovative technologies.

The humanoid robot sector is experiencing a surge in large-scale orders, signaling a shift towards industrialized applications. UBTECH's success in securing substantial contracts positions it as a key player in this rapidly evolving market. Industry experts predict that China's humanoid robot market could reach 8.239 billion yuan by 2025, representing about 50% of the global market share.

As industrial scenarios become the primary testing ground for humanoid robots, UBTECH's ability to deliver at scale could drive further growth and market recognition. The company's focus on enhancing mass production capabilities for its Walker series robots is likely to support its competitive edge in meeting the increasing demand for advanced robotic solutions across various industries.