UBTECH Robotics Corp. announced its plan to adopt the incentive scheme for its H shares.
UBTECH (09880) announced that its board of directors recommended the adoption of an H-share incentive plan at the board meeting held on July 31, 2024. The H-share incentive plan will take effect after being reviewed and approved by shareholders at the extraordinary general meeting. The plan aims to promote the company's long-term sustainable development and achieve performance targets, align the interests of incentive recipients with shareholders, investors, and the company, enhance the company's cohesion, and promote the maximization of the company's value; and improve the company's incentive mechanism to attract, motivate, and retain directors who make significant contributions to the company's continuous operation, development, and long-term growth.
UBTECH (09880.HK) plans to issue 1.42 million new H-shares, with a total contract value of 0.131 billion Hong Kong dollars.
On August 1st, Gelunhui announced that UBTECH (09880.HK) has entered into a placement agreement with placement agents (Guotai Junan International and TradeGo Markets) on August 1, 2024. Under this agreement, the placement agents have agreed to use their best efforts individually (but not jointly or jointly and individually) as agents of the company, to induce subscribers to subscribe for a total of 1.42 million new H shares at a placement price of HKD 92.00 per H share, in accordance with the provisions of the placement agreement and within the limits of its terms. The placement shares account for approximately 0.34% of the company's issued share capital as of the date of this announcement, as well as the issued shares and the placement.
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UBTECH ROBOTICS Launches New Incentive Scheme
UBTECH (09880) plans to adopt a H-share incentive plan.
UBTECH (09880) has announced that the board of directors of the company held a board meeting on July 31, 2024...
Hong Kong Stocks News | UBTECH (09880) rose more than 8%, expected to increase revenue by more than 72% year-on-year in the first half of the year. The global humanoid robot industry competition is accelerating.
UBTECH (09880) rose more than 8%. As of press time, it increased by 8.22%, closing at HKD 108 with a turnover of HKD 12.8821 million.
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Express News | Ubtech Robotics Corp Sees Revenue of RMB450 Mln to RMB500 Mln for Six Months
UBTECH ROBOTICS: ESTIMATED INTERIM RESULTS FOR THE SIX MONTHS ENDEDJUNE 30, 2024 AND BUSINESS UPDATE
UBTECH expects revenue to be around 0.45 billion to 0.5 billion yuan in the first half of the year, a year-on-year increase of approximately 72% to 91%.
UBTECH (09880) announced that it is expected to achieve revenue of approximately RMB 0.45-0.5 billion in the first half of 2024, an increase of approximately 72% to 91% compared with the same period last year. The announcement stated that the increase in revenue was mainly due to the completion of delivery of projects contracted in the previous year, which led to the growth of the group's revenue from education robotics and robotic solutions; and the continuous launch of new consumer-grade intelligent products, driving the growth of revenue from consumer robotics and other intelligent hardware devices.
UBTECH Robotics Sees 1H Rev CNY450.0M-CNY500.0M >9880.HK
UBTECH Robotics Expects 1H Revenue to Increase Substantially >9880.HK
Express News | Ubtech Robotics Corp Ltd - Sees H1 Revenue up About 72-91% Y/Y
Hong Kong stock announcement Trenching | Orient Securities' net income attributable to the parent in the first half of the year increased by 11.05% year-on-year to 2.111 billion yuan. Kingsway expected net loss to narrow in the first half of the year.
UBTECH (09880) is expected to have a revenue of approximately 0.45-0.5 billion yuan in the first half of the year, with a year-on-year growth of about 72%-91%.
UBTECH ROBOTICS Projects Robust Revenue Growth
UBTECH (09880) is expected to have a revenue of approximately 0.45-0.5 billion yuan in the first half of the year, with a year-on-year growth of about 72%-91%.
UBTECH (09880) announced that the group is expected to generate revenue of approximately RMB 0.45 billion in the first half of 2024.
HK stocks have fluctuated | UBTECH (09880) rose more than 5% in early trading, and Tesla will produce humanoid robots on a small scale next year. The industry has ushered in a high-speed development window.
UBTECH (09880) rose more than 5% in early trading. As of press time, it has risen 3.01%, to HKD 109.4, with a turnover of HKD 4.0504 million.
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