On July 6, UBTECH fell 3.76% in regular trading, trading at 102.7 HKD/share, with turnover of 81.82 million HKD. Multiple negative catalysts converged over the weekend, pressuring the stock at the open of the new trading week.

The company's newly launched UWORLD U1 ultra-bionic humanoid robot series faced a wave of online criticism over the weekend. Users and media widely noted significant discrepancies between promotional CG renders and actual product performance, citing mechanical gait, stiff facial expressions, limited 2-4 hour battery life, and lack of practical household functions despite prices ranging from 119,800 to 990,000 yuan. Reports indicated some pre-order holders expressed intent to cancel, undermining confidence in the 13,000+ unit order backlog announced at the June 30 launch event.

Compounding the sentiment, the company disclosed on July 3 that it received a filing notice from the CSRC for H-share full circulation involving 5.4539 million domestic shares to be converted into tradeable H-shares. While the scale is limited, the incremental supply expectation weighed on short-term market sentiment.

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