单月股价涨超61%、超6.3亿元人形机器人订单，「优必选」加速蜕变

Core Viewpoint - UBTECH Robotics is experiencing a resurgence with significant orders and a stock price increase of over 61% in September, indicating a positive market response to its commercial progress and partnerships [2][3]. Commercialization Progress - In September, UBTECH signed a humanoid robot procurement contract worth over 32 million with a well-known automotive technology company, with delivery planned for 2025 [2]. - The company also won a project for the procurement and installation of intelligent data collection and testing center equipment in Guangxi, amounting to 126 million [2]. - As of now, the Walker series humanoid robots have secured contracts totaling over 630 million, with nearly 50 million already delivered in H1 [2][3]. - The company aims to deliver 500 industrial humanoid robots by 2025, with Citibank raising its shipment forecast to over 500 units [3][5]. Market Performance - UBTECH's stock price peaked at 328 HKD but fell to 40.8 HKD before recovering to 131.2 HKD as of October 17 [11]. - The stock saw a significant increase of over 61% in September, driven by positive market sentiment and broader trends in the robotics sector [3][11]. - The company has entered a strategic partnership with Infini Capital for 1 billion USD, focusing on financial support and industrial collaboration [11]. Industry Context - The humanoid robot sector is influenced by developments in Tesla's Optimus project, which has catalyzed interest and investment in related companies [12][15]. - UBTECH is positioned as a leader in humanoid robotics, but faces competition from emerging companies like Zhiyuan Robotics and Yushu Technology, which are also accelerating their IPO processes [13][14]. - The overall market for humanoid robots is expected to see significant developments in Q4, with multiple catalysts anticipated [15][16].