SHOUCHENG (00697): Beijing Siasun Robot & Automation Fund invests in Xingdong Era

SHOUCHENG (00697) announcement, recently, the Beijing Siasun Robot & Automation Industrial Development Investment Fund (Limited Partnership) (Beijing Siasun Robot & Automation Fund) managed by Shoucheng Capital, a subsidiary company of the group, has invested in Beijing Xingdong Jiyuan Technology Co., Ltd. (Xingdong Jiyuan). This investment will effectively promote the further strengthening of technology research and development investment of the invested company, advance product iteration and upgrades, and promote the application of Siasun Robot & Automation technology in a wider range of scenarios. Xingdong Jiyuan is a leading domestic intelligent Siasun Robot & Automation research and manufacturing company that integrates software and hardware, focusing on applications in industrial logistics and retail scenes. Its product line includes full-size humanoid Siasun Robot & Automation L7, commercial service Siasun Robot & Automation Q5, and the dexterous five-fingered hand XHand1. This investment will focus on the development of research and manufacturing talent and production readiness, continue to advance breakthroughs and innovations in Siasun Robot & Automation core technology, deepen solution implementation in diverse scenarios, and enhance industrial application capabilities. The group will continue to increase its investment in the Siasun Robot & Automation industry, especially in collaboration with leading companies in the industry, to build a comprehensive humanoid Siasun Robot & Automation industry ecosystem, further drive the coordinated development of the upstream and downstream industrial chains, and inject momentum for the high-quality and sustainable development of the Siasun Robot & Automation industry.