SHOUCHENG (00697) subsidiary fund's invested company Yushu Technology has successfully completed its initial public offering and listed on the Sci-Tech Innovation Board.
First Journey Holdings (00697) announced that Yu Shu Technology Co., Ltd. (Yu Shu Technology, stock code: 688836.SH), which is managed by a fund under First Journey Capital (a wholly-owned subsidiary of the group), has completed its initial public offering and officially listed on the Shanghai Stock Exchange's STAR Market on August 19, 2026.
SHOUCHENG (00697) announced that the fund managed by the company's wholly-owned subsidiary, Shoucheng Capital, has completed its initial public offering and officially listed Yushu Technology Co., Ltd. (Yushu Technology, stock code: 688836.SH) on the Shanghai Stock Exchanges Sci-Tech Innovation Board (STAR Market) on August 19, 2026.
Yushu Technology is an internationally leading high-performance general-purpose Siasun Robot & Automation company, focusing on the research and development, production, and sales of high-performance general-purpose humanoid Siasun Robot & Automation, quadruped Siasun Robot & Automation, Siasun Robot & Automation components, and embodied intelligence models. It has achieved the global first sale and industry deployment of high-performance quadruped Siasun Robot & Automation, with overall technology standards and market share ranking among the world's leaders. The funds raised from this listing will help Yushu Technology further strengthen its core technology R&D layout, enrich its product matrix, and build intelligent manufacturing bases, thereby enhancing the autonomous innovation capability and industrial ecology construction across the entire supply chain, continuously consolidating its industry-leading advantages, and promoting the large-scale application and high-quality development of the embodied intelligence industry.
The successful listing of Yushu Technology demonstrates the Group's foresight in the embodied intelligence sector and precise investment capabilities. It also fully embodies the Group's investment philosophy of continuously discovering high-quality, high-potential enterprises in the market and partnering with top companies and outstanding founders for the long term, effectively creating value for all shareholders of the company. In the future, the Group will continue to deepen its industrial investment layout in cutting-edge technology fields, further unleash long-term growth potential, and consistently create returns for all shareholders.
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