Core Viewpoint - UBTECH Robotics completed a placement of 30.15545 million shares, raising a total of HKD 2.41 billion (approximately USD 315 million), marking the largest stock placement financing in the history of humanoid robot listed companies [1] Group 1: Fundraising Details - The funds raised will be used to pay suppliers and service providers, with over HKD 1 billion allocated for this purpose [1] - This placement raised more funds than the total of the previous four placements combined [1] Group 2: Market Reception - The placement attracted significant interest from national sovereign funds, key industry capital, long-term funds, and multi-strategy funds [1] - Morgan Stanley upgraded UBTECH's H-share rating to "Overweight," setting a target price of HKD 135 [1] Group 3: Future Implications - The funds are expected to provide strong financial support for the rapid expansion of humanoid robot delivery and production capacity [1]