UBTECH ROBOTICS' stock plummeted 10.56% during intraday trading on Monday, as multiple negative factors converged to pressure the share price.

The company's newly launched UWORLD U1 ultra-bionic humanoid robot series faced widespread online criticism over the weekend, with users and media highlighting significant discrepancies between promotional renders and actual product performance. Concerns were raised about mechanical gait, stiff facial expressions, limited 2-4 hour battery life, and lack of practical household functions despite premium pricing. Reports indicated some pre-order holders expressed intent to cancel, undermining confidence in the order backlog announced at the product launch.

Adding to the selling pressure, the company recently disclosed receiving 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 during the trading session.