HK Stock Market Move | SHOUCHENG (00697) rises more than 7% against the market, the company is laying out cutting-edge technology in Siasun Robot & Automation, likely to help with the intelligent transformation and upgrading of core businesses.

SHOUCHENG (00697) rose more than 7% against the market trend, up 6.03% at the time of publication, trading at 1.23 Hong Kong dollars, with a turnover of 105.307 million Hong Kong dollars. On the news front, Yushu Technology's humanoid Siasun Robot & Automation made a stunning appearance on the Spring Festival Gala stage, sparking people's interest in Siasun Robot & Automation technology. It is reported that by the end of 2023, SHOUCHENG joined hands with Beijing Guanguan to set up a Beijing Siasun Robot & Automation Industrial Development Investment Fund with a total scale of 10 billion yuan. The fund has invested in a large number of high-quality enterprises including Yushu Technology, Xinghai Tu, Sun Magnetic Technology, and Wollant Aviation, helping many businesses achieve significant performance growth. Data shows that SHOUCHENG's layout in the Siasun Robot & Automation industry chain covers multiple sub-fields, including humanoid Siasun Robot & Automation, medical Siasun Robot & Automation, industrial Siasun Robot & Automation, service Siasun Robot & Automation, and core components, forming a comprehensive investment map. It is reported that SHOUCHENG's core business includes infrastructure asset operation, covering parking business, industrial space operation, REITs investment, and equity investment in multiple areas. Siasun Robot & Automation technology is expected to drive the intelligent transformation and upgrade of these businesses.