SHOUCHENG (00697): Beijing Robotics Fund Invests in Xingdong Era

Stock News11-13

SHOUCHENG (00697) announced that its wholly-owned subsidiary, Shoucheng Capital, has invested in Beijing Xingdong Era Technology Co., Ltd. (Xingdong Era) through the Beijing Robotics Industry Development Investment Fund (Limited Partnership). This investment will significantly boost the investee company's R&D capabilities, accelerate product upgrades, and expand robotics technology applications across broader scenarios.

Xingdong Era is a leading Chinese intelligent robotics developer integrating hardware and software solutions, specializing in industrial logistics and retail applications. Its product portfolio includes the full-size humanoid robot L7, commercial service robot Q5, and dexterous five-fingered robotic hand XHand1. The funding will primarily support R&D talent development and manufacturing preparation, driving breakthroughs in core robotics technologies while enhancing multi-scenario solution implementation and industrial application capabilities.

The group reaffirmed its commitment to expanding investments in the robotics sector, particularly through strategic partnerships with industry leaders. This initiative aims to establish a comprehensive humanoid robotics ecosystem, foster upstream-downstream industry chain collaboration, and propel high-quality sustainable development within the robotics industry.

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