Core Viewpoint - The company maintains a "buy" rating for Shou Cheng Holdings (00697), highlighting its strong market position in the parking lot operation sector and its strategic expansion into the robotics industry, supported by stable cash flow and unique business models [1] Group 1: Robotics Industry Expansion - The company has opened the first permanent robotics technology experience store in Beijing during the National Day holiday, showcasing 1,000 SKU robot products across various life scenarios, enhancing consumer interaction and sales [1] - Plans to establish 20 additional stores nationwide within the next year to promote the popularization of robotics products and strengthen its robotics industry ecosystem [1][2] - The company has invested in several leading firms in the robotics sector, covering humanoid, medical, and industrial robots, and has formed a new subsidiary to build a comprehensive robotics industry ecosystem [2] Group 2: Financial Performance - In the first half of 2025, the company reported revenue of HKD 731 million, a year-on-year increase of 36%, driven by efficient operations of new and existing projects [3] - Asset operation revenue reached approximately HKD 511 million, up 26% from the previous year, while asset financing revenue surged by 69% to about HKD 220 million [3] - The company declared an interim dividend of HKD 273 million, with a high payout ratio of 80%, and announced a special dividend of HKD 768 million in March 2025 [3]