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UBTECH Robotics Announces Strategic Acquisition and Financial Resolutions

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UBTECH Robotics Announces Strategic Acquisition and Financial Resolutions

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UBTECH ROBOTICS CORP LTD Class H ( (HK:9880) ) has issued an update.

UBTECH ROBOTICS CORP LTD has announced its 2025 sixth extraordinary general meeting to discuss key resolutions, including the acquisition of a 7% equity interest in Wuxi Uqi Intelligent Technology Co., Ltd. for RMB130,130,000. The company also seeks approval for a bank credit limit and guarantees for subsidiaries, indicating a strategic move to enhance its financial and operational capabilities.

The most recent analyst rating on (HK:9880) stock is a Hold with a HK$113.00 price target. To see the full list of analyst forecasts on UBTECH ROBOTICS CORP LTD Class H stock, see the HK:9880 Stock Forecast page.

More about UBTECH ROBOTICS CORP LTD Class H

UBTECH ROBOTICS CORP LTD is a joint stock company established in the People’s Republic of China, focusing on robotics and automation technology. The company is involved in the development and manufacturing of intelligent robots, with a market focus on advancing technological solutions in automation and artificial intelligence.

Average Trading Volume: 12,636,845

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$52.62B

See more insights into 9880 stock on TipRanks’ Stock Analysis page.

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