SHOUCHENG Surges Over 8% Intraday as Soochow Securities Maintains "Buy" Rating

Deep News
Sep 05

SHOUCHENG (00697) surged over 8% during trading, and as of press time, the stock was up 7.24% at HK$2.37 with turnover reaching HK$381 million.

Recently, the Beijing Robot Industry Development Investment Fund under SHOUCHENG announced the completion of an additional investment of tens of millions of RMB in Songyan Power. This marks the fund's second round of investment support for Songyan Power following the initial investment in March 2024.

In the first half of this year, SHOUCHENG achieved revenue of approximately HK$7.31 billion, representing a year-on-year increase of 36%, while net profit attributable to shareholders reached HK$3.39 billion, up 30% year-on-year.

Soochow Securities Company Limited noted that the company demonstrated steady revenue growth in the first half of the year with accelerated deployment in the robotics industry. From an industrial investment perspective, since 2025, the company's multiple industry funds have completed investments in several core enterprises. The current investment portfolio covers key companies across the robotics industry chain, including Unitree Robotics, Galaxy General, Starmap, and Songyan Power. Considering the company's solid main business operations combined with its deep strategic positioning in humanoid robotics, the firm maintains its "buy" rating on the company.

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