
UBTECH Robotics Calls March EGM to Approve 43% Stake in Zhejiang Fenglong Electric

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UBTECH Robotics Corp Ltd has scheduled an extraordinary general meeting on March 10, 2026, in Shenzhen to seek shareholder approval for acquiring a 43% stake in Zhejiang Fenglong Electric Co., Ltd. This acquisition aims to enhance UBTECH's business scope in the technology and electrical sectors. The meeting will outline shareholder eligibility and procedural requirements. Currently, the stock has a Sell rating with a price target of HK$135.00.
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