Super high dividends, super bullish performance, super strong layout! SHOUCHENG(00697) "Three Firm Supports" Siasun Robot & Automation Industry.

In 2025, "embodied intelligence" and "Siasun Robot&Automation" were mentioned in the government work report for the first time. This marks a new stage in the integration of "smart + physical entities" driven by digital technology, with Siasun Robot&Automation and embodied intelligence becoming important directions for China's future industries and key areas of global technological competition. Looking at the booming humanoid Siasun Robot&Automation market this year, according to Markets and Markets forecasts, the market size is expected to grow from $1.8 billion in 2023 to $13.8 billion in 2028, with a compound annual growth rate of 50.2%. Goldman Sachs even has a super optimistic expectation that the market will reach $154 billion by 2035. It can be seen that the race track of Siasun Robot&Automation and embodied intelligence as the next world-class development theme and national strategic direction will not change due to investors/organizations exiting for short-term profits. This is also the core reason behind SHOUCHENG (00697) recently announcing "three firm commitments" to support the Siasun Robot&Automation industry. On April 1st, SHOUCHENG released a statement declaring its confidence in the potential of China's technological innovation, the long-term development momentum of the Siasun Robot&Automation industry, and its commitment to accompany innovative entrepreneurs through cycles to drive industry development forward. Furthermore, SHOUCHENG pointed out in the announcement, "The company will always adhere to a long-term investment philosophy, whether continuing to invest during market downturns or growing with companies during prosperous periods. We will assist invested companies in steady progress through strategic investment and resource integration. In the future, the company will increase its investment in the Siasun Robot&Automation field, focusing on China's most competitive top enterprises and striving to build a strong investment portfolio." It is not difficult to see that in the current period of controversy and opportunity in the Siasun Robot&Automation industry, SHOUCHENG has interpreted the essence of responsible investment and long-termism through these "three firm commitments", demonstrating resilience in navigating industry fluctuations. For investors, this company, which has a strong base in infrastructure asset management and holds the ticket to the Siasun Robot&Automation industry, may be an excellent choice to weather market cycles. Behind the "three firm commitments", accurately capturing the inflection point of the technological revolution In fact, as early as 6 or 7 years ago, SHOUCHENG began exploring a new model of industry-investment integration, targeting the potential track of "hard technology" and laying out in the hot areas of smart electric vehicles and Siasun Robot&Automation. It is understood that at the end of 2023, SHOUCHENG joined forces with strategic shareholder Beijing Guanguan (Beijing State-owned Capital Operation Management Co., Ltd.) to jointly establish the Beijing Siasun Robot&Automation Industry Development Investment Fund with a total scale of 10 billion RMB, focusing on the entire Siasun Robot&Automation industry chain. Within just one year of its establishment, the Siasun Robot&Automation Fund completed screening of hundreds of projects in the Siasun Robot&Automation industry chain, precisely investing in a batch of high-quality innovative enterprises including Yushu Technology, Galaxy General, Xinghai Map, Unci Technology, Wanxun Technology, and Wolante. The investment portfolio covers various cutting-edge fields such as humanoid Siasun Robot&Automation, medical Siasun Robot&Automation, and embodied intelligence. This is not SHOUCHENG's first foray into industrial investment. Prior to this, SHOUCHENG participated in the development of the smart electric vehicle industry chain and invested in companies like Ideal Auto, Horizon, and Mozhixing. Now, Horizon Siasun Robot&Automation's Hong Kong stock price has risen by over 150% in the year. Benefiting from a deep understanding of the national strategy to nurture future industries and precise control over the development direction of the Siasun Robot&Automation industry, in addition to industrial investments in Siasun Robot&Automation, SHOUCHENG has also carried out in-depth layout along the entire Siasun Robot&Automation industry chain. The company has developed a "investment-production-service" full-cycle business ecosystem through activities such as agency sales, leasing services, supply chain integration, and technology incubation. This not only provides commercial landing scenarios for Siasun Robot&Automation enterprises but also feeds back investment ecology through industrial synergy effects, forming a unique production-investment interaction paradigm. In 2025, Siasun Robot&Automation's strategy has further upgraded, and SHOUCHENG has established the first Siasun Robot&Automation Technology Industry Co., Ltd. This company will accelerate the landing of high-quality Siasun Robot&Automation enterprises and excellent machine products through sales agency, financing lease, industry consulting, and supply chain management. SHOUCHENG will become an industry service provider in the era of Siasun Robot&Automation, with the company expecting to generate revenue this year. Sharing long-term dividends with investors Thanks to the combined efforts of asset operations and asset integration, SHOUCHENG's revenue reached 1.215 billion Hong Kong dollars in 2024, a year-on-year increase of 37.5%; gross profit was 507 million Hong Kong dollars, a year-on-year increase of 41.0%. This performance stands out in a macroeconomic downturn and a market full of fluctuations.In the current uncertainty, the company's double-digit revenue and profit growth are particularly rare.At the same time, SHOUCHENG's ample cash on hand and sound asset structure also highlight the "golden content" of the annual report. During the reporting period, the company's highly liquid assets reached HK$43.68 billion, with an asset-liability ratio of 31.2%, much lower than the industry average. Behind the stellar performance in 2024 is the "steady progress" financial moat built by SHOUCHENG through ample monetary funds and a low asset-liability ratio. This is also the key cornerstone of the company's innovative model of "100 billion fund + full-chain empowerment". It is worth mentioning that SHOUCHENG has also announced a dividend distribution of HK$8.88 billion for the full year of 2024 + special dividend for 2025, in addition to a mid-year dividend of HK$2.08 billion for 2024, totaling HK$10.96 billion. In addition, the company plans to use an amount not exceeding HK$3 billion for repurchases in 2025, with total dividends and repurchases reaching HK$13.96 billion, far exceeding market expectations. Now, with the development of the intelligent industry driven by core companies such as Yushu Technology, the domestic intelligent industry is advancing rapidly. SHOUCHENG, with a solid fundamental outlook, is an important window for Hong Kong investors to enter the global leading Siasun Robot & Automation target and the entire industry chain investment. The unexpectedly high dividends reflect SHOUCHENG's active sharing of the long-term dividends of the Siasun Robot & Automation industry with investors. Conclusion Recently, CICC and Founder have successively released company research reports. Both reports believe that SHOUCHENG's asset operation and asset integration segments are growing steadily, with the moat further strengthened, and the company is expected to maintain a good development trend. At the same time, both reports maintain a "outperform the industry" rating. Currently, SHOUCHENG is promoting the development of the Chinese Siasun Robot & Automation industry from the laboratory to various industries through investment layout and full-industry empowerment, and sharing development dividends with investors through super high dividends. With the release of policy dividends and acceleration of commercialization, SHOUCHENG is expected to become the benchmark target for anchoring new production forces in the Hong Kong stock market, creating sustainable excess returns for investors.