Core Viewpoint - The company, 首程控股, is establishing a new subsidiary, 首程机器人先进材料产业有限公司, to enhance its presence in the robotics industry by focusing on advanced materials for humanoid robots [1] Group 1: Company Strategy - The new subsidiary will focus on the industrialization of core advanced materials such as electronic skin materials, tendon materials, and lightweight PEEK materials [1] - This initiative aims to significantly enhance the company's ability to integrate the entire robotics industry chain [1] Group 2: Industry Impact - The establishment of the new company is intended to create a comprehensive ecosystem for humanoid robots, positioning the company as a leading specialized service provider in the robotics industry [1] - The move is expected to empower existing robot projects and improve their performance and competitiveness [1]

Core Viewpoint - The establishment of Shoucheng Robot Advanced Materials Industry Co., Ltd. by Shoucheng Holdings' wholly-owned subsidiary Shouwu Investment Holdings Ltd. aims to invest and incubate key upstream materials required for the robotics industry [1] Group 1 - The new company will focus on the industrialization of core advanced materials such as electronic skin materials, tendon materials, and lightweight PEEK materials [1] - The investment strategy will systematically target advanced materials for robotics and other new industry sectors with high synergy potential [1]

Core Viewpoint - The recent interim results of Shoucheng Holdings have demonstrated strong resilience in its core business, achieving significant breakthroughs in revenue and net profit, laying a solid foundation for future growth [1][2]. Financial Performance - Shoucheng Holdings reported a total revenue of approximately HKD 731 million for the first half of the year, representing a year-on-year growth of 36%. The asset operation business generated HKD 511 million, up 26%, while the asset financing business saw a substantial increase of 69% to HKD 220 million [5]. - The company's net profit attributable to shareholders reached HKD 339 million, a 30% increase year-on-year, with adjusted EBITDA growing by 22% to HKD 587 million [5]. Market Position and Strategy - The company has established a comprehensive national network in the parking asset management sector, achieving full coverage of major transportation hubs across the country, which enhances its brand influence and market position [6]. - Shoucheng Holdings is actively transitioning its traditional parking business towards an integrated service model that includes charging facilities, aligning with the growing trend of electric vehicles [6]. - The company has launched an AI customer service system that has reduced the workload of human staff by over 50%, indicating a significant transformation in operational efficiency [7]. Investment and Growth Potential - The asset financing segment has shown remarkable growth, with a 69% increase, highlighting the company's strong capabilities in capital operations [8]. - Shoucheng Holdings has established a 10 billion RMB stabilization fund in partnership with China Life, further solidifying its market position in the REITs sector [8]. - The company has made significant investments in the robotics sector, including companies like Yushutech and others, which are expected to drive future growth and innovation [9][10]. Financial Health and Dividends - Shoucheng Holdings has a total asset value of HKD 14.35 billion, with a low debt ratio of only 7.9%, indicating strong financial stability [14]. - The company has a cash reserve exceeding HKD 8 billion, providing a solid buffer for future opportunities and risks [14]. - The company plans to distribute a special interim dividend of HKD 1.159 billion for the fiscal year 2025, reflecting its commitment to shareholder returns [17]. Conclusion - Shoucheng Holdings is transitioning from a traditional infrastructure service provider to a new infrastructure platform embracing the smart economy, supported by a robust financial structure and strategic investments in high-growth sectors like robotics [20][21].

Core Viewpoint - The establishment of the Advanced Materials Industry Company by Shou Cheng Holdings aims to enhance the company's position in the robotics industry by focusing on upstream key materials essential for robotics development [1] Group 1: Company Strategy - The new company will focus on investing and incubating advanced materials required for the robotics industry, including electronic skin materials, tendon materials, and lightweight PEEK materials [1] - This initiative is part of the company's strategic layout to address key segments in the upstream of the robotics industry chain, thereby filling gaps in the supply chain [1] - The establishment of the Advanced Materials Industry Company is expected to significantly enhance the company's ability to integrate the entire industry chain and improve the performance and competitiveness of existing robotics projects [1] Group 2: Industry Impact - The company aims to create a comprehensive ecosystem for humanoid robots, positioning itself as a leading specialized financial service provider in the robotics industry ecosystem [1] - The focus on advanced materials is seen as a critical opportunity in the ongoing industrialization process of robotics, which is expected to drive long-term value creation for shareholders [1]

Core Viewpoint - The establishment of the Advanced Materials Industry Company by Shoucheng Holdings' wholly-owned subsidiary is a strategic move to extend the robotics industry chain and create a comprehensive ecosystem centered around humanoid robots [1][2] Group 1: Company Strategy - The new company will focus on investment and incubation of key materials for robotics, including electronic skin materials, tendon materials, and lightweight PEEK materials [1] - This initiative is seen as a significant extension of Shoucheng Holdings' upstream capabilities in the robotics industry, aiming to fill gaps in the industry chain and enhance the existing robotics ecosystem [1][2] - The strategic move reflects the company's commitment to seizing major opportunities in the materials sector during the industrialization of robotics [1] Group 2: Industry Positioning - By controlling upstream core materials, the company aims to strengthen its integration capabilities across the entire industry chain and improve the performance and competitiveness of its invested robotics projects [1] - The establishment of the Advanced Materials Company is a key step in deepening the company's layout in the robotics industry chain, potentially driving strategic implementation in new materials and artificial intelligence [2] - Shoucheng Holdings has already invested in leading companies through its industrial fund and established a robotics technology company to promote applications in various sectors, completing a full industry chain layout from upstream materials to downstream applications [2]

Group 1: Financial Performance - The company reported a total revenue of HKD 731 million for the first half of 2025, representing a year-on-year growth of 36% [1] - The net profit attributable to shareholders reached HKD 339 million, with a year-on-year increase of 30% [1] - The asset operation business generated revenue of HKD 511 million, up 26% year-on-year, while the asset financing business saw a significant increase of 69%, reaching HKD 220 million [1] Group 2: Dividend and Share Buyback - The company maintained a high dividend tradition, with total dividends amounting to HKD 1.159 billion for the year, resulting in a dividend yield of nearly 8% [1] - Over 40 million shares have been repurchased, showcasing the company's commitment to returning value to shareholders [1] Group 3: Asset Operation and Financing - The company achieved nationwide coverage of its transportation hub parking network, with the launch of the Xi'an Xianyang T5 terminal project featuring 5,200 parking spaces [1] - An intelligent customer service system was implemented, reducing the workload of human customer service by over 50% [1] - The company successfully exited some investments and participated in multiple strategic placements through a dual-driven approach of robots and REITs [1] Group 4: Robotics Sector Development - The robotics segment is accelerating, with investments in over ten leading companies, promoting large-scale applications in automotive production lines, automatic charging, and medical surgeries [2] - A strategic cooperation agreement was signed with Alter Automotive to deeply apply robotic technology in intelligent manufacturing and new energy vehicle production lines [2] - The company achieved significant recognition at the World Humanoid Robot Sports Competition, winning 37 medals, becoming the largest behind-the-scenes winner [2] Group 5: New Initiatives in Robotics - A robot experience store was established outside the "Ice Ribbon" venue, generating an average daily revenue of over 30,000 yuan, indicating strong market enthusiasm for robotic applications [2] - The company announced the establishment of a "Robotics Advanced Materials Industry Company" through its wholly-owned subsidiary, focusing on key upstream areas such as electronic skin and lightweight PEEK materials [2] - This initiative aims to build a complete ecosystem represented by humanoid robots, covering materials, complete machines, and applications, providing performance and cost advantages for industrialization [2]

Core Viewpoint - The establishment of Shouwo Investment Holdings' subsidiary, Shoucheng Robot Advanced Materials Industry Co., Ltd., aims to extend the robot industry chain and create a comprehensive ecosystem centered around humanoid robots, positioning itself as a significant player in the robot industry ecosystem [1] Group 1: Strategic Initiatives - The new advanced materials company will focus on investing and incubating key upstream materials required for the robot industry, enhancing the company's capabilities in the robot ecosystem [1] - The initiative is part of the company's strategic layout to address critical upstream segments of the robot industry chain, seizing significant opportunities in the advanced materials sector during the industrialization of robotics [1] Group 2: Focus Areas - The advanced materials company will concentrate on the industrialization of core advanced materials such as electronic skin materials, tendon materials, and lightweight PEEK materials, which will significantly enhance the company's integration capabilities across the entire industry chain [1] - This move is expected to improve the performance and competitiveness of existing robot projects, ultimately creating long-term value returns for all shareholders [1]

Core Viewpoint - The establishment of Shouwo Investment Holdings' subsidiary, Shoucheng Robotics Advanced Materials Industry Co., Ltd., aims to extend the robotics industry chain and create a comprehensive ecosystem centered around humanoid robots, positioning the company as a significant player in the robotics industry ecosystem [1] Group 1: Strategic Initiatives - The new advanced materials company will focus on investing in and incubating key upstream materials required for the robotics industry, enhancing the company's capabilities in the robotics ecosystem [1] - The initiative is part of the company's strategic layout to address critical upstream segments of the robotics industry chain, seizing significant opportunities in the advanced materials sector during the industrialization of robotics [1] Group 2: Focus Areas - The advanced materials company will concentrate on the industrialization of core advanced materials such as electronic skin materials, tendon materials, and lightweight PEEK materials, which will significantly enhance the company's integration capabilities across the entire industry chain [1] - This focus will further improve the ecosystem surrounding humanoid robots, empowering existing robotics projects and enhancing their performance and competitiveness [1]