每经AI快讯，1月12日，百胜智能（301083）午间公告。近日，公司与宝龙集团签署《停车场战略合作 协议》，双方停车场总合作金额计划为2亿元。宝龙集团及其关联公司在全国范围内拥有商业停车场经 营权/所有权。为了有效管理停车泊位，提高停车服务与管理水平，其需与专业运营公司合作开展停车 场运营。公司及其关联公司是停车及新能源车充电运营管理一体化停车解决方案运营商，可承接商业停 车场进行系统化运营。 ...

格隆汇1月12日丨百胜智能(301083.SZ)公布，近日，公司与宝龙集团签署《停车场战略合作协议》。宝 龙集团及其关联公司在全国范围内拥有商业停车场经营权/所有权，为了有效管理停车泊位，提高停车 服务与管理水平，需与专业运营公司合作开展停车场运营。公司及其关联公司为停车及新能源车充电运 营管理一体化停车解决方案运营商，可承接商业停车场进行系统化运营。 本次合作的核心战略价值在于为百胜智能停车场运营与具身智能机器人战略提供有力支撑并推进落地。 宝龙集团地产业务布局广泛，通过与宝龙地产的深化合作，可有效降低百胜智能自主开发停车场运营的 成本与市场门槛，快速切入多个城市的停车场运营资产项目。百胜智能的停车场智能安防硬件产品及具 身智能机器人产品得以快速进入垂直场景现场，实现公司战略目标。 宝龙集团在全国拥有众多物业项目，擅长打造"宝龙广场""宝龙天地"等商业综合体项目，具备成熟 的"地产+商业"联动模式，百胜智能与宝龙集团建立战略合作伙伴关系，能够为百胜智能智慧停车方案 提供广阔落地空间；同时百胜智能的智慧安防与具身智能技术将赋能宝龙集团存量资产的价值升级，提 升资产价值与品牌竞争力。 ...

Group 1 - The core viewpoint of the article highlights the strong performance of Shoucheng Holdings in the first quarter of 2025, with a net profit of HKD 213 million, representing a year-on-year growth of 80.5%, and the strategic transformation of the company into a technology ecosystem builder in the robotics sector [1][7] - The company's asset operation business, including parking and park management, has shown steady growth, contributing HKD 258 million in stable cash flow, with a 27% year-on-year increase in revenue [2][6] - Shoucheng Holdings has invested in nearly 20 robotics companies, achieving an overall return rate exceeding 3 times, with some project valuations increasing by over 10 times, indicating a strong potential for future investment returns [1][7] Group 2 - The company has established a 10 billion yuan robotics industry development investment fund, creating a "robotics ETF" that targets high-growth sectors such as humanoid and medical robots, showcasing its strategic positioning in the industry [3][6] - Shoucheng Holdings is addressing industry challenges such as "difficulties in product delivery" by implementing a "scene + service" model, which has already generated actual revenue through various services provided to robotics companies [3][6] - The recent addition of Academician Zhang Jianwei to the board enhances the company's technological capabilities, facilitating faster product commercialization and strengthening its position in the robotics industry [6][8] Group 3 - The company's unique resource integration ability, combining operational scenarios with advanced technology, creates a competitive advantage in the robotics field [6][7] - Collaborations with major partners, such as China Life, to establish a 10 billion yuan stabilization fund enhance asset liquidity and create a multi-dimensional synergy that is difficult for competitors to replicate [7] - The strong performance in Q1 2025, driven by both the valuation increase of the robotics fund and the optimization of parking business efficiency, reflects the success of the company's strategic transformation [7][8] Group 4 - Shoucheng Holdings captures both industry beta and individual stock alpha, benefiting from the overall explosion of the Chinese robotics industry while creating excess returns through its unique commercialization capabilities [8] - The combination of high dividends from traditional businesses and the revaluation of robotics concepts provides dual support for the company's growth [8] - The company is positioned to become a global benchmark for "technology-enabled infrastructure" as it navigates the smart revolution reshaping the real economy [8]

Core Viewpoint - The company has demonstrated significant growth in revenue and profit margins, alongside a strategic shift towards robotics and smart city operations, positioning itself to capitalize on emerging market trends [1][2][11]. Financial Performance - For the fiscal year 2024, the company reported a revenue of HKD 1.215 billion, a 37.5% increase year-over-year, and a gross profit of HKD 507 million, reflecting a 41.0% growth [2]. - The company maintains a low debt-to-asset ratio of 31.2%, indicating strong financial health within the industry [2]. - The board proposed a total dividend of HKD 888 million for the fiscal year, including a final dividend of HKD 120 million and a special dividend of HKD 768 million, showcasing a commitment to shareholder returns [2][10]. Business Segments - In the asset operation sector, the company focused on "parking + industrial parks," achieving a revenue of HKD 921 million, a 40.0% increase, by expanding its national footprint and leveraging technology [4]. - The company has successfully integrated AI technology into its parking operations, enhancing efficiency and revenue generation capabilities [4]. - The park operation segment has seen growth through projects like the Ideal Auto headquarters and partnerships that enhance service offerings [5]. Strategic Initiatives - The company has made significant strides in the robotics sector, establishing a Beijing Robotics Fund and a dedicated robotics company, which positions it to benefit from the growing demand for intelligent robotics [7][8]. - The company has invested in various innovative robotics firms, covering humanoid robots and medical automation, indicating a proactive approach to capitalizing on high-growth sectors [8][9]. Investment Stability - The company has a strong tradition of high dividend payouts, having distributed dividends 16 times since 2018, reflecting its commitment to returning value to shareholders [10]. - With substantial cash reserves of HKD 2.622 billion, the company is well-positioned to expand its investment activities and enhance its competitive edge in the robotics industry [9][10]. Conclusion - The company exemplifies a successful transformation from a traditional asset operator to a leader in smart infrastructure and robotics, demonstrating both value retention and growth potential [11].