HK Stock Market Move | SHOUCHENG (00697) rose more than 3%, Beijing Siasun Robot & Automation Fund made additional investment in Yushu Technology.

SHOUCHENG (00697) rose more than 3%, rising 2.48% as of the time of writing, closing at 1.65 Hong Kong dollars with a turnover of 11.7295 million Hong Kong dollars. In terms of news, SHOUCHENG announced that its subsidiary, Beijing Siasun Robot & Automation Industrial Development Investment Fund (Limited Partnership) under the First Journey Capital group, has made additional investments in Hangzhou Yushu Technology Co., Ltd. after an initial investment in 2024. This investment aims to further promote product iteration and upgrades for the invested company, enhancing its leading position in the industry. Yushu Technology is a well-known civilian Siasun Robot & Automation company that focuses on the independent research, production, and sales of consumer-grade and industry-grade high-performance bipedal/humanoid Siasun Robot & Automation and dexterous robotic arms. This investment will help Yushu Technology further integrate the entire Siasun Robot & Automation industry chain, continuously leading the development of Siasun Robot & Automation and embodied intelligence industry. In the future, the group will continue to increase its investment layout in the Siasun Robot & Automation industry, especially with high-potential enterprises and industry leaders with fast progress. By investing in chain-leading enterprises, exploring investment opportunities in the upstream and downstream industrial chain, the group aims to accelerate the commercial cycle and deeply empower the development of invested companies in the embodied intelligence industry.