SHOUCHENG (00697) announced that its wholly-owned subsidiary, Shouwo Investment Holdings Limited, plans to establish Shoucheng Robot Advanced Materials Industry Limited. The new company is dedicated to extending the robotics industry chain layout and constructing a comprehensive robotics ecosystem represented by humanoid robots, positioning itself as the most influential specialized industrial-financial service provider in the robotics industry ecosystem.

The Advanced Materials Industrial Company will focus on investment and incubation around upstream key materials required by the robotics industry. Following the principles of "industrial cultivation, ecosystem collaboration, and forward-looking layout," the company will systematically invest in advanced robotics materials and other emerging industry sectors with high synergy potential.

The establishment of the Advanced Materials Industrial Company represents an important extension of the Group in the upstream of the robotics industry chain, helping to address industry chain shortcomings and further empowering the Group's robotics ecosystem development.

This establishment marks a significant strategic move by the Group to position itself in key upstream segments of the robotics industry chain, aiming to capture major development opportunities in advanced materials during the robotics industrialization process. The company will specialize in the industrialization of core advanced materials including electronic skin materials, tendon rope materials, and lightweight PEEK materials, which will significantly enhance the Group's full industry chain integration capabilities and further improve the comprehensive robotics industry chain ecosystem represented by humanoid robots. This initiative will empower existing invested robotics projects while enhancing their performance and competitiveness, creating long-term value returns for all shareholders.