香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明， 並 明 確 表 示，概 不 對 因 本 公 告 全 部 或 任 何 部 份 內 容 而 産 生 或 因 倚 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任 。 董事 會 謹此 對 吳先 生於 任 期內 對 本公 司作 出 之寶 貴 貢獻 致以 由 衷謝 意 。 承董 事 會命 非執行董事辭任 首 程控股 有 限 公 司 （ 「 本公司 」 ） 董 事 會 （ 「 董 事 會 」 ） 宣佈， 吳禮順先 生（「吳 先 生 」）因工 作 調動，辭任 本公 司 非執 行 董事 之職 務 ，自 2025年 7 月28日 起生 效 。 吳 先 生 已 確 認 ， 彼 與 董 事 會 之 間 並 無 意 見 分 歧 ， 亦 無 就 彼 辭 任 之 任 何 事 宜 須提 呈 本公 司 股東 注意 。 首 程控股 有 限公 司 主席 趙天暘 香港 ，2025 年 7 月 28 日 於 本 公 ...

北京首农食品集团有限公司(首农食品集团)是北京市政府属大型国有农业食品企业，产业横跨农牧渔 业、食品加工、商贸物流、房地产及资产管理，综合实力居中国农业食品行业前列，是首都食品供应保 障的核心载体。首农REIT以首农食品集团投资、建设并持有的中关村移动智能服务创新园作为底层资 产，是响应国家盘活存量资产号召、服务首都"科技创新中心"战略定位的有力举措，也是首个获批的总 部型科技创新产业（300832）园REITs项目。首农食品集团以首农REIT为突破口，在推动存量资产有效 盘活、吸引社会资本及树立城市更新投融资模式创新典范等方面迈出坚实有力步伐，为行业树立了标 杆，并有着重要的示范引领价值。 集团未来将坚定不移地持续加大在中国核心基础设施不动产领域的投资布局，依托全产业链协同效应及 REITs先发优势，把握行业扩容机遇，为中国核心基础设施资产的高效盘活与价值提升注入更强动力。 首程控股(00697)发布公告，近日，公司的全资附属公司北京首源欣荣投资有限公司(首源欣荣)和集团所 属首程基石旗下公司(公司的全资附属公司)参与管理的北京平准基础设施不动产股权投资基金合伙企业 (有限合伙)(北京平准基金)投资创金合信 ...

Core Viewpoint - The company is actively investing in the Beijing Pingzhun Infrastructure Real Estate Investment Fund and the Shounong REIT, aiming to revitalize existing assets and align with national policy directives [1][2] Group 1: Investment Activities - The company's wholly-owned subsidiary, Beijing Shouyuan Xinrong Investment Co., Ltd., is involved in managing the Beijing Pingzhun Fund, which is investing in the Shounong REIT [1] - The Shounong REIT is backed by the Shounong Food Group, a major state-owned agricultural enterprise in Beijing, and serves as a significant initiative to activate existing assets [1] Group 2: Strategic Importance - The Shounong REIT is the first approved headquarters-type technology innovation industrial park REIT project, supporting the capital's strategy as a "Technology Innovation Center" [1] - The investment in the Shounong REIT is seen as a model for urban renewal financing and is expected to attract social capital [1] Group 3: Future Plans - The company plans to continue increasing its investment in China's core infrastructure real estate sector, leveraging its full industry chain synergy and REITs first-mover advantage [2] - The focus will be on enhancing the efficiency and value of core infrastructure assets in China [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而産生或因倚賴該等內容而引致的任何損失承擔任何責任。 本公司董事會欣然宣佈，近日，本公司之全資附屬公司北京首源欣榮投資有限公司(「 首源欣榮」)和本集團所屬首程基石旗下公司（本公司之全資附屬公司）參與管理的北 京平准基礎設施不動產股權投資基金合夥企業(有限合夥)(「北京平准基金」)投資創金 合信首農產業園封閉式基礎設施證券投資基金(「首農REIT」),本次投資將進一步推動 存量資產有效盤活，積極響應國家政策導向，並推動本集團在核心資產及科技創新領域 的深耕與拓展。 北京首農食品集團有限公司(「首農食品集團」)是北京市政府屬大型國有農業食品企業， 產業橫跨農牧漁業、食品加工、商貿物流、房地產及資產管理，綜合實力居中國農業食 品行業前列，是首都食品供應保障的核心載體。首農REIT以首農食品集團投資、建設 並持有的中關村移動智能服務創新園作為底層資產，是響應國家盤活存量資產號召、服 務首都「科技創新中心」戰略定位的有力舉措，也是首個獲批的總部型科技創新產業園 R ...

Group 1 - The investment in the embodied intelligence industry is experiencing a significant surge, with the company "Accelerated Evolution" completing over 100 million RMB in A+ round financing led by Shoucheng Holdings [2] - Since its establishment in 2023, Accelerated Evolution has completed six rounds of financing, attracting investments from notable firms such as Shoucheng Holdings and Inno Angel Fund [2] - The company focuses on high-frequency usage and user feedback to continuously improve its hardware and software capabilities, achieving leading performance and reliability in the industry [2] Group 2 - The main product of Accelerated Evolution is the "Booster T1," a bipedal humanoid robot that stands 1.1 meters tall and weighs 29 kg, with mass production set to begin in October 2024 [3] - The Booster T1 robot won first place in a speed competition at the IEEE-RAS Humanoids 2024 conference, showcasing its competitive edge in the market [3] - Accelerated Evolution plans to enter the consumer market with the upcoming release of the Booster K1 robot [3] Group 3 - Accelerated Evolution is one of the early companies to develop a robot operating system and development platform, which enhances research efficiency and lowers development barriers [4] - The company is part of a broader investment strategy by Shoucheng Holdings, which has invested in numerous core enterprises across the humanoid robot and AI systems sectors [4] - Shoucheng Holdings has initiated a global brand recruitment plan for "robot comprehensive experience stores," indicating a strategic expansion in the robotics market [4]

表格類別： 股票 狀態： 新提交 公司名稱： 首程控股有限公司 呈交日期： 2025年7月24日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | | 00697 | 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 事件 | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | 已發行股份總數 | | | | | 已發行股份（不包括庫存股份）數 目 | | 佔有關事件前的現有已發 行股份（不 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而産生或因倚賴該等內容而引致的任何損失承擔任何責任。 加速進化致力於打造簡單、可靠、實用的人形機器人產品，依託「本體+系統+開發者工 具」的差異化產品戰略，在人形本體研發、端到端全身運動控制大模型及系統級軟體工 程等方面構建深厚的全棧技術壁壘。此次投資將為加速進化在產品研發、商業場景拓展 和產能建設等方面提供更大動能，進一步加速其技術創新與市場拓展進程。 本集團未來將堅定不移地持續加大在機器人產業的投資佈局，尤其是與優質、高潛力企 業進行持續合作，通過投資領先的主機廠企業，本集團將挖掘上下游產業鏈投資機會， 推動被投企業產業加速商業閉環和開拓更多落地場景。 承董事會命 首程控股有限公司 主席 趙天暘 香港，2025年7月24日 自願公告 北京機器人基金投資加速進化 本公告乃由首程控股有限公司（「本公司」，連同其附屬公司「本集團」）自願發出。 本公司董事會欣然宣佈，近日，本集團所屬首程資本旗下公司（本公司之全資附屬公司） 所管理的北京機器人產業發展投資基金（ ...

Core Insights - The "Robot Venture Capital Theme Exchange Conference" hosted by Shoucheng Holdings highlighted the importance of capital in driving technological transformation and industry collaboration in the robotics sector [1][2] - Shoucheng Holdings is transitioning from a traditional financial investor to a new type of industry builder, focusing on long-term engagement and ecosystem development [2][5] - The conference unveiled the "2025 Top 20 Most Investable Robot Companies" and "2025 Top 30 Most Growth-Potential Robot Companies" lists, showcasing leading firms in the robotics industry [1] Group 1: Investment Strategy - The robotics industry is entering a phase where capital must not only identify technology but also facilitate its practical application [2] - Shoucheng Holdings employs a comprehensive investment strategy that includes early-stage investment, continuous resource integration, and market transformation through various financial tools [2][5] - The company has established a portfolio of dozens of robotics-related enterprises across various technological domains, indicating a systematic approach to investment [3] Group 2: Market Application - The focus on "scene-based implementation" is crucial for the robotics industry to transition from narrative benefits to actual profitability [4] - Shoucheng Holdings leverages its extensive experience in urban renewal and industrial parks to create real-world application scenarios for robotics [4] - The company is developing a "purchase-then-lease" model to facilitate rapid deployment of domestic robotic products in various sectors, including healthcare and education [4] Group 3: Ecosystem Development - Shoucheng Holdings is forming a platform-based capital system that emphasizes investment diversification and strategic collaboration, reducing project risk and enhancing industry control [5] - The company’s investment strategy targets enterprises with reasonable valuations and clear delivery paths, supporting their growth through collaborative product development and resource linkage [5][6] - This integrated approach allows Shoucheng Holdings to maintain a unique position in the capital market, balancing cash flow stability with growth potential in the robotics sector [6]

Core Viewpoint - The recent acquisition of the Yumi Community in Shanghai by AIA Insurance highlights the growing interest of insurance capital in real estate investments, driven by declining interest rates and a scarcity of quality assets [1][2]. Investment Trends - As of July 22, 2023, four insurance companies have announced 13 real estate investments totaling approximately 4.747 billion yuan, showing a significant increase compared to the same period last year [2]. - Insurance companies are increasingly focusing on rental-type properties such as shopping centers, office buildings, and long-term rental apartments to secure stable rental income [1][2]. Market Environment - The current low interest rate environment has made traditional fixed-income assets less appealing, prompting insurance capital to seek alternative investment channels [2][3]. - The yield on 10-year government bonds was reported at 1.69% as of July 22, 2023, while the maximum guaranteed interest rate for most ordinary life insurance products is around 2.5% [3]. Investment Strategies - Insurance capital is diversifying its investment methods, moving away from heavy investments in real estate stocks to include direct equity investments, private equity funds, and public REITs [3][4]. - The focus is on high-quality real estate in core urban areas, with expected net operating income rates around 4%, which can cover liability costs [4]. Research and Development Needs - The current allocation of insurance capital to real estate is relatively low, indicating potential for growth as the policy environment improves [6]. - There is a need for enhanced research and investment capabilities within insurance companies to effectively manage real estate investments, which involve complex market, financial, operational, and legal considerations [5][6]. Exit Strategies - The ability to exit real estate investments is a significant consideration for insurance capital, with public REITs and bulk transactions being the primary exit channels [7]. - Recommendations include easing the entry barriers for public REITs and promoting the development of asset securitization products to facilitate smoother exits [7].

Group 1 - The core viewpoint of the article highlights the imminent IPO of Yushutech, a leading humanoid robot company, and the significant investment returns expected for Shicheng Holdings, which holds a 4.087% stake in Yushutech [1][2] - Yushutech has achieved remarkable growth, with annual revenue surpassing 1 billion RMB in 2024, nearly doubling from the previous year, and its flagship product, Unitree Go1, capturing over 60% of the global consumer quadruped robot market [3][4] - Shicheng Holdings' investment strategy in Yushutech has proven effective, with the company's valuation increasing from 8 billion RMB to 12 billion RMB in just eight months, indicating a 50% increase in the value of Shicheng's holdings [3][4] Group 2 - Shicheng Holdings has established a comprehensive ecosystem in the robotics sector, integrating capital, application scenarios, and the industrial chain, which enhances its competitive advantage [4][5] - The company has made significant investments in various robotics firms, achieving over threefold returns in the robotics sector within a year, with some projects yielding returns as high as tenfold [4][5] - Shicheng Holdings is transforming its infrastructure operational advantages into a technology implementation accelerator, providing real-world environments for portfolio companies to enhance their market presence [6][8] Group 3 - The launch of Yushutech's IPO marks a critical validation moment for Shicheng Holdings' investment model, which combines stable cash flow from REITs with high-growth potential from robotics investments [7][8] - Shicheng Holdings' market capitalization is currently around 10 billion HKD, significantly lower than its asset value and industrial potential, suggesting a potential re-evaluation as Yushutech's IPO progresses [8]