SHOUCHENG (00697): World Union Holdings makes its initial public offering and lists on the Shenzhen Stock Exchange

SHOUCHENG (00697) announced that the fund managed by First Capital, a subsidiary of the Group, has invested in SMIC Supply Chain Management Co., Ltd. (SMIC Supply Chain, stock code: 001220.SZ) in March 2021. The company completed its initial public offering of shares and officially listed on the Shenzhen Stock Exchange main board on February 3, 2026. SMIC Supply Chain is a leading integrated logistics company, focusing on providing customized, integrated, and embedded supply chain logistics solutions for multinational manufacturing enterprises. The funds raised from this listing will help SMIC Supply Chain further strengthen its comprehensive transportation network layout and operational capabilities, enhance logistics and warehousing service levels, and improve the timeliness and accuracy of information systems, thereby continuously expanding SMIC Supply Chain's market share and driving steady growth in performance. The successful listing of SMIC Supply Chain this time is another important achievement of the Group under the "industry + capital" dual-wheel drive strategy, demonstrating the Group's forward-looking layout in the logistics and supply chain field and precise investment capabilities, creating value for all shareholders of the company. In the future, the Group will continue to firmly promote the "industry + capital" dual-wheel drive strategy, deepen industrial investment layout, further enhance long-term growth potential, and continuously create returns for all shareholders of the company.