$1 Billion Strategic Cooperation Launched, with Both Capital and Industrial Synergy Making Efforts
Recently, UBtech and internationally renowned investment institution Infini Capital formally signed a $1 billion strategic partnership agreement. The cooperation between the two parties will focus on two aspects: capital support and industrial synergy. According to the cooperation agreement, the high-tech fund under Infini Capital will provide UBtech with a total strategic financing credit line of $1 billion, with financing methods including participating in placements, subscribing to convertible bonds, and granting cash withdrawal rights. In particular, the granting of a fast financing channel with $1 billion cash withdrawal rights to UBtech when needed will greatly enhance UBtech’s ability in major industrial layout.
Deepening Industrial Synergy: Jointly Building an Ecosystem and Expanding the Middle East Market
In addition, the two parties have reached a number of industrial strategic cooperation contents by leveraging their respective advantages: Infini Capital plans to increase its holdings of UBtech’s shares at an appropriate time, aiming to become an important shareholder of UBtech with a shareholding ratio not exceeding 5%; the two parties will join hands with investors in the upstream and downstream industrial chains of humanoid robots to assist UBtech in building an ecosystem; Infini Capital will make full use of the previously invested artificial intelligence and robot industry chain enterprises to help UBtech create humanoid robots with stronger functions and lower costs; at the same time, it will assist UBtech in exploring the Middle East market, establishing a joint venture in the Middle East, planning to build a super factory, a R&D center and a Middle East headquarters in the Middle East, and jointly promoting Chinese humanoid robots to the world.
Infini Capital: Focusing on Emerging Technologies and Deeply Engaging in Investment in Chinese High-Tech Enterprises
The internationally renowned investment institution Infini Capital manages a number of primary and secondary funds, with dual headquarters in Abu Dhabi, UAE and Hong Kong, China. It has a diversified investment layout, covering investment themes such as strategic emerging technologies, artificial intelligence, humanoid robots, and intelligent manufacturing. Recently, multiple funds under Infini Capital have deeply participated in the placements and cornerstone investments of many Hong Kong-listed high-tech companies such as SenseTime, 4Paradigm, China Ruyi, BYD, Lens Technology, and Caocao Mobility, and have provided more than HK$10 billion in capital support for the rapid development of Chinese high-tech companies.
International Capital is Optimistic about China’s Robot Industry, and UBtech’s Commercialization is Accelerating
This cooperation marks the long-term optimism of international patient capital in China’s humanoid robot industry, and is another major layout of international capital following the participation of the world’s largest sovereign wealth fund in UBtech’s placement. As the “first stock of humanoid robots”, UBtech continues to promote the application of humanoid robots and has achieved global leadership. Up to now, the company has cooperated with leading enterprises in the industry such as BYD, Dongfeng Liuzhou Motor, Geely Automobile, FAW-Volkswagen Qingdao Branch, Audi FAW, BAIC New Energy, SF Express, and Foxconn. The industrial humanoid robot Walker S series is the humanoid robot that has entered the most factory training sessions in the world. In segmented fields such as bathroom manufacturing, its robots can work in collaboration with the Bathroom shower base assembling machine. Through visual recognition and flexible grasping technology, they can complete precise docking of the base and waterproof sealing rings, screw locking and other processes, shortening the assembly cycle to 15 seconds per piece and reducing the defect rate by 30%, demonstrating commercial potential in precision manufacturing scenarios. In July, the company won the bid for a 90.5115 million yuan robot equipment procurement project of Miyee (Shanghai) Automobile Technology Co., Ltd., which is currently the largest procurement order won by a humanoid robot enterprise in the world.
Strategic Cooperation Empowers UBtech to Accelerate the Commercialization of Humanoid Robots
Through this strategic cooperation, Infini Capital will help UBtech continue to invest in technological research and development, market expansion and industrial layout, promote UBtech to maintain a leading position in the field of humanoid robots, accelerate the commercialization process, and further improve market share and profitability.
