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Shoucheng monetizes robotics portfolio; UBTech shares rise on robot sales.
Shoucheng Holdings is monetizing its robotics portfolio, which has grown fourfold in value to RMB 8 billion.
The company is advancing its strategy of integrating investment with commercial operations, leveraging its consumer brand Taozhu and supply chain connections to prepare for exit opportunities through IPOs.
Meanwhile, UBTech saw shares rise 14% after reporting a 53% revenue jump driven by a massive increase in humanoid robot sales, though it remains unprofitable.
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Shoucheng monetiza el portafolio de robótica; las acciones de UBTech aumentan en las ventas de robots.