Meet Walker S, the first humanoid robot to strike the gong at Hong Kong Stock Exchange.
Walker S, a full-size humanoid robot developed by UBTech (优必选科技, HK: 9880), was one of the highlights alongside the robotics company’s much-heralded IPO on HKEX on December 29, 2023.
Walker S, which UBTech said is a new model catering to industrial manufacturing, made its first public appearance on the day of the Shenzhen-based firm’s trading debut.
In a video clip documenting the IPO, the company’s iconic Panda Robot is seen stepping onto the stage and walking toward Zhou Jian, the founder, chairman and CEO of UBTech.
Photo courtesy of UBTech
In the meantime, it is seen carrying a mallet in one hand, its tip wrapped in red cloth — a color symbolizing good fortune in Chinese tradition.
After Zhou grasped the mallet handed over by the robot, he struck the gong together with Walker X — also carrying a mallet and standing on his left-hand side.
This was part of the Asian financial center’s IPO ritual to celebrate the firm’s listing, which is seen by market watchers as the pinnacle of a 11-year entrepreneurial odyssey.
Media reports alleged that UBTech’s Walker series has a gross margin of 51.2%, with an average unit price of nearly 5.99 million yuan (US$838,085).
Screenshot from UBTech’s video footage
Nevertheless, it has yet to disclose the specs of Walker X and how it differs with its two predecessors, namely, Walker and Walker S.
According to Chinese media reports, Walker S is the product of Uqi Robot (优奇机器人), a joint venture formed in 2023 by UBTech and Miracle Automation (天奇股份). UBTech owns 78% of its stake, with the remainder controlled by Miracle Automation.
Building capacity, step by step
Uqi, which chose the eastern Chinese city of Wuxi as its headquarters, is devoted to the development and production of humanoid robots to be applied in automaking.
cnrobopedia reported earlier that the new venture will roll out humanoid bipeds by the end of this year.
Walker S, whose name was not revealed then, will steadily become capable of tasks ranging from material handling and flexible assembling to tightening torque for machine screws, according to an exchange filing by Miracle Automation.