UBTECH ROBOTICS stock soared 5.05% in intraday trading on Friday, marking a significant price movement for the robotics company.

The surge appears to be driven by the company's recently announced strategic cooperation agreement with Hitachi (China) Co., Ltd. The partnership aims to jointly explore humanoid robot applications in smart manufacturing scenarios, with the collaboration already entering a substantive verification phase. Hitachi has begun introducing UBTECH's industrial-grade humanoid robot WalkerS2 in select manufacturing environments to conduct on-site operation testing and application scenario validation.

The two companies plan to focus on deep cooperation across Hitachi's elevator, building systems, healthcare, industrial equipment, and semiconductor manufacturing equipment segments, with the goal of driving intelligent transformation and upgrading in the manufacturing industry. This partnership represents a significant business development that could expand UBTECH's market reach and application scenarios for its robotics technology.