Ubtech Robotics Shareholders Approve Key Acquisition to Strengthen Supply Chain

Ubtech Robotics shareholders vote to acquire a stake in Zhejiang Fenglong Electric, securing critical electronics for its humanoid robot production and supply chain.

Shareholders of Ubtech Robotics have overwhelmingly approved a strategically vital acquisition aimed at securing critical components for its humanoid robot production. The vote, held at an extraordinary general meeting in Shenzhen on March 10, 2026, grants the company authorization to acquire a stake in Zhejiang Fenglong Electric Co., Ltd., a manufacturer of electronics relevant to advanced robotics.

A Clear Mandate for Strategic Growth

The shareholder mandate was decisive. Over 500 million voting shares were represented at the meeting, with all board members in attendance. An independent vote counter oversaw the proceedings. Under applicable exchange rules, no shareholder was obligated to abstain, resulting in a clear directive for the company's management to proceed.

This move is a calculated step toward vertical integration. By bringing a supplier like Zhejiang Fenglong Electric into its corporate structure, Ubtech Robotics intends to mitigate supply chain risks and stabilize production costs. The strategy explicitly aims to reduce dependency on external partners for specialized electronics and hardware.

Building a Cohesive Production Strategy

The acquisition aligns with other recent corporate actions, forming a coherent supply chain strategy. Just days prior, on March 4, 2026, Ubtech's subsidiary Wuxi Youqi finalized a framework agreement with TQ Automation Engineering. That pact secures the supply of automation products and services through the end of 2028.

Together, these steps illustrate a dual approach: securing long-term supply contracts while simultaneously integrating upstream component suppliers to gain greater control and efficiency.

Scaling Production with Localized Sourcing

The company has outlined ambitious production targets that underscore the importance of a resilient supply network. For 2026, Ubtech Robotics plans to manufacture 5,000 units of its humanoid robots, with a goal to double that output to 10,000 units in 2027.

A key part of this scaling involves an increased reliance on domestic Chinese suppliers for high-precision components, including motor systems and ball screws. This localization initiative is designed to optimize the cost structure as the company transitions toward mass serial production.

Next Steps for Corporate Governance

Attention now turns to the next item on the corporate calendar. A subsequent extraordinary general meeting is scheduled for March 19, 2026, in Hong Kong. Shareholders wishing to participate must ensure their transfer documents and share certificates are registered by the deadline of March 13, 2026.