$SHOUCHENG (00697.HK)$ Increased by over 11%, as of the time of writing, reported at 1.57 HKD, with a trading volume of 0.429 billion HKD.

In terms of news, SHOUCHENG announced that recently, a company under its subsidiary SHOUCHENG Capital (a wholly-owned subsidiary of the company) managed the Peking Siasun Robot & Automation Industry Development Investment Fund (Limited Partnership) (Peking Robot Fund), which invested in Yunsheng Intelligent Innovation (Shenzhen) Co., Ltd. (Yunsheng Company), further promoting the iteration and upgrade of the invested company's products and enhancing its competitiveness in the Global market.

It is reported that Cloud Whale is a company focused on the consumer robot field, committed to developing revolutionary Technology products, creating high-performance Smart Home cleaning robots oriented towards user needs, and is a "leading enterprise in the Global smart cleaning robot market". This investment will help Cloud Whale further increase its investment strength in the field of household intelligent tools, bringing users around the world a more comprehensive and upgraded intelligent cleaning and service experience.
The announcement states that the group will unwaveringly continue to increase its investment layout in the robot industry in the future, committed to empowering through capital and industry synergy, and relying on a unique ecosystem to assist invested companies in achieving leapfrog development, allowing more Consumers in China and even globally to benefit from the freedom and convenience brought by new Technology.
Editor/Rocky