According to the latest equity disclosure data from the Hong Kong Stock Exchange on November 12, Shoucheng (0697.HK) shareholder Zhao Tianyang purchased 0.5 million shares at an average price of HK$1.0551 per share, involving approximately HK$0.5276 million. It is worth noting that Zhao Tianyang's shareholding is not an isolated incident. The management of Shoucheng has also been frequently increasing its holdings of the company's shares. Data shows that Shoucheng's non-executive director Liu Jingwei has accumulated approximately 0.2 million shares since November. "Generally speaking, the shareholding behavior of shareholders reflects their judgment on the company and the current valuation. Such insider shareholding behavior is often seen as a strong signal of confidence in the future development of the company, especially against the backdrop of current market volatility. The management's increased shareholding behavior further highlights their confidence in the company's future development prospects and a high degree of recognition of the company's growth value. As a core infrastructure asset services provider in China, Shoucheng has always focused on two core businesses of asset integration and asset operations. Through high-quality operational services, precise investment capabilities, and a capital circulation model, it continuously optimizes its asset structure, enhances asset value, achieves its own scale expansion, and creates greater value for shareholders and society. "In the third quarter of this year, Shoucheng once again received the highest credit rating AAA from China Chengxin International Credit Rating Co., Ltd. and United Credit Rating Evaluation Co., Ltd., with a stable outlook. The company's solid operational quality, asset quality, and overall strength have once again been recognized by authoritative institutions. Focusing on the capital markets, Shoucheng is still undervalued. Against the backdrop of improving market liquidity environment, targets like Shoucheng that frequently receive increased holdings from the management and have low valuations are expected to stand out with their solid operational and asset quality, further gaining attention in the capital markets.