Core Viewpoint - Cloudwise Technology (01037) saw a significant increase of 17.86%, reaching HKD 0.99, with a trading volume of HKD 12.2876 million, following the announcement of a strategic cooperation memorandum with UBTECH regarding humanoid robots [1] Group 1: Company Developments - Cloudwise Technology's wholly-owned subsidiary, Cloudwise (Shenzhen) Technology Co., Ltd., has signed a memorandum of understanding with UBTECH for potential strategic cooperation in humanoid robot business [1] - Under the memorandum, Cloudwise Shenzhen will handle global sales, marketing, and after-sales service for UBTECH's humanoid robot products, while UBTECH will focus on research, production, technical support, and product upgrades [1] - This division of labor creates a precise complementarity of "R&D production + market service" [1] Group 2: Industry Insights - UBTECH is one of the few companies globally with full-stack technical capabilities in humanoid robots, holding the highest number of effective patents in this field [1] - UBTECH's subsidiary, UQI, has signed a procurement contract with Tianqi Automation Engineering Co., Ltd. for the purchase of industrial humanoid robots from the Walker S series, totaling RMB 30 million, to be delivered by December 31, 2025 [1] - Including this order, UBTECH's Walker series humanoid robots have secured contracts worth nearly RMB 430 million, with approximately RMB 50 million of humanoid robot orders delivered in the first half of the year [1]