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HONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Asiaray Media Group Limited (“Asiaray” or the “Group”; stock code: 1993.HK), an established out-of-home (“OOH”) media company with a strategic focus on advertising media management at mass transportation hubs, has announced its annual results for the financial year ended 31 December 2025 (the “Year”), delivering a second consecutive year of net profit growth and a third consecutive year of gross profit margin improvement. Profit for the year rose by 101.8% to RMB21.0 million, compared with RMB10.4 million in 2024 and a net loss of RMB9.9 million in 2023, while gross profit margin increased to 33.8%, from 28.7% in 2024 and 21.9% in 2023. Gross profit reached RMB309.8 million (2024: RMB306.7 million), supported by the Group’s ongoing portfolio optimization, asset upgrading and disciplined execution, despite a still-challenging operating environment.During the Year, the Group continued to improve the quality of its media portfolio and strengthen operational efficiency. Revenue was RMB916.1 million, compared with RMB1,069.2 million in 2024, reflecting the Group’s deliberate focus on higher-quality assets and more profitable growth. The Group also maintained a healthy financial position, with cash and cash equivalents, including restricted cash, amounting to RMB200.3 million as at 31 December 2025, providing a solid foundation for future development. Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to RMB363.6 million.Business HighlightsMetro Lines and Billboards Segment Posts Strong Results via Innovation and Optimized OperationsThe segment delivered strong results, supported by continued demand for prime advertising resources and the Group’s disciplined operating approach. Segment revenue increased to RMB497.5 million, while gross profit rose to RMB187.0 million and gross profit margin expanded to 37.6%, up from 26.0% in 2024, increased by 11.6 percentage points. The improvement reflected stronger performance across Hong Kong billboards, metro media in Mainland China and Singapore’s Thomson-East Coast MRT Line.During the Year, the Group’s billboards in prime locations in Hong Kong continued to attract strong advertiser interest, with bookings fueled by mega events and stronger market activity. Building on this momentum, the Group was granted the exclusive concession for advertising media resources at the Eastern Harbour Crossing, further strengthening its footprint across the city’s key transport arteries. Meanwhile, expanding beyond traditional billboards, the Group introduced innovative formats such as building wraps and ferry-pier coverings, pushing the boundaries of OOH advertising. These initiatives solidified the segment’s position as a key growth driver for the Group.Bus and Other Segment Revitalizes through Merging Creativity with Engineering ExcellenceThe segment continued to improve profitability through portfolio refinement and stronger operating discipline. Segment revenue was RMB236.9 million, while gross profit reached RMB96.0 million and gross profit margin increased to 40.5%, compared with 25.2% in 2024, improved by 15.3 percentage points. This reflected the Group’s continued focus on asset quality, return enhancement and a more efficient operating structure.With a refined portfolio, the Group revitalized the segment by delivering creative, impactful advertising, such as immersive bus shelter campaigns for beverage brands that engaged commuters through “five senses” experiences and interactive installations. Leveraging its solid experience with Sydney bus shelters, the Group successfully delivered several advanced engineering projects, including an 820m² rooftop LED retrofit. It also upgraded city-wide bus shelters into a smart Digital Out-of-Home (“DOOH”) network featuring panels with real-time performance and cutting-edge technology enabling context-aware, data-driven creative adjustments. These improvements have boosted campaign effectiveness and reinforced the segment’s long-term value.O&O New Media Strategy and DOOH+ Platform Enhance Value for Advertisers, Media Resources Owners and AudiencesThe Group continued to advance its Outdoor and Online (“O&O”) New Media Strategy and DOOH Plus (“DOOH+”) platform which remain central to its long-term growth plan. By combining premium OOH resources with online and data-driven capabilities, the Group has been able to deliver more measurable and more effective advertising solutions.One of the key highlights during the Year was a multi-month bus shelter takeover for a leading beverage brand, in which the Group regularly refreshed creative concepts with interactive games, multi-sensory installations, and 3D setups. By maintaining high engagement over an extended period, the campaign demonstrated the Group’s ability to turn individual projects into longer-term partnerships through sustained creative excellence and O&O-enabled audience experiences.Moreover, the Group further strengthened its programmatic DOOH capabilities and deepened cooperation with key ad-tech partners. One such campaign for a contact-lens brand used dynamic creative optimization at bus shelters, displaying real-time temperature and UV-index data and automatically adjusting content to current weather conditions. This context-aware execution showcased the Group’s ability to deliver precise, real-time O&O solutions that create added value for both brands and audiences, reinforcing O&O as a key driver of optimization and profitable growth.ProspectsAsiaray will continue to pursue disciplined growth through portfolio optimization, operational excellence, and selective investment in high-potential media assets. Building on its proven strategies and positioning O&O as the central driver of growth, the Group believes this approach provides a sound foundation for sustainable development, even amid ongoing macroeconomic uncertainty. Looking ahead, the Group will remain focused on strengthening its core platforms across transport hubs, expanding data-driven solutions, and creating long-term value for shareholders and stakeholders.Mr. Vincent Lam JP, Chairman and Executive Director of Asiaray, concluded, “We are pleased with the continued improvement in our profitability and margin performance. These results reflect the discipline of our strategy and the commitment of our team. While the market remains challenging, we believe our stronger operating foundation and clearer strategic direction position us well for the future.”About Asiaray Media Group Limited (stock code: 1993.HK)Established in 1993, Asiaray is an out-of-home media company in Greater China with a strategic focus on managing mega transport advertising media, including airports, metro lines, and high-speed rail lines. As of now, the Group’s business network spans nearly 40 cities in Greater China, with advertising media resources available at over 25 airports (including exclusive concession rights at 22 airports); providing exclusive advertising media resources in a total of 15 metro lines, including the Singapore Thomson-East Coast Line (TEL), and a total of16 high-speed rail line and railway stations, including the High-Speed Rail Hong Kong West Kowloon Station and the China-Laos Railway (Yumo Line). Additionally, the Group has been granted exclusive advertising media resources at the Hong Kong-Zhuhai-Macao Bridge (Zhuhai Port), as well as on KMB and LWB bus shelters. In recent years, the Group has actively engaged in programmatic advertising transactions with various ad-tech partners such as Hivestack by Perion, and Vistar Media by T-Mobile.Asiaray is also dedicated to investing in corporate social responsibility and environmental protection initiatives. The company has received the “Hong Kong Green Organisation” award and has been recognised as a “Caring Company”.For more detailed information about Asiaray, please visit its official website: www.asiaray.com or follow the Group’s WeChat official account via the QR code provided (ID: asiaray_airport). Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - JS Global Lifestyle Company Limited (Stock Code: 1691.HK) ("JS Global" or the "Group") has announced its annual results for 2025, reporting revenue of USD1.66 billion, representing a year-on-year increase of 4.1%. Gross profit was USD534 million, up 4.6% year-on-year, with gross profit margin improving to 32.2%. On an adjusted basis, the Group’s revenue from third parties reached USD1.565 billion, an increase of 14.8% year-on-year, while adjusted net profit was USD31.10 million, up 338.0% year-on-year. This demonstrates the very strong performance of the Group’s core operations and a clear improvement in profitability on an adjusted basis.In 2025, the SharkNinja APAC segment delivered strong growth, mainly driven by continued market share gains of its core product categories, successful expansion into new product categories and rapid entry into new markets. For example, in the cordless vacuum cleaner market in Japan, the brand strength and product competitiveness of Shark continued to improve. At the same time, the Group continued to launch new products in the Japan market, such as upgraded portable blenders and new cooking appliances, further enriching Ninja’s product portfolio in Japan. The Group’s core categories in Australia and New Zealand also continued to perform well, mainly benefiting from the strong performance of new products such as cordless vacuum cleaners, ice beverage makers and coffee machines. In other countries and regions in Asia Pacific, the Group is also actively expanding, accelerating its layout and development in emerging markets.In 2025, the Joyoung segment achieved modest growth in domestic sales revenue, mainly driven by the contribution of differentiated new products and product mix optimisation, and realised a recovery in profitability through initiatives such as tighter control of selling expenses and improved marketing efficiency. Various “trade-in of old for new” and “government subsidy” policies launched by different levels of government in China boosted demand for certain mid- to high-end products. In response, Joyoung promptly launched its “Space Series” of new products, which focus on key value propositions such as high quality, stylish design, outstanding value-for-money and health and wellness, enhancing consumers’ quality of life while better addressing their emotional needs.Overall, in 2025, while maintaining steady revenue growth, JS Global further strengthened the growth potential and earnings resilience of its principal businesses. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Over the past two years, Shoucheng Holdings (0697.HK) has persistently faced a major valuation overhang in the capital markets, namely the supply-side pressure created by the gradual exit of early shareholders through block trades.In his Chairman’s Statement, Chairman Zhao Tianyang said that this historical issue has now entered a stage of clear easing. Looking back at the company’s shareholder structure, Shoucheng Holdings introduced multiple rounds of strategic investors during its entrepreneurial and transformation phases. Angel-round investors included Chow Tai Fook Enterprises and ORIX; Series A investors included Hopu, JD.com, and Beijing State-owned Capital Operation and Management Center; while Series B investors included institutions such as Sunshine Insurance. These shareholders supported the company’s development for periods ranging from three to five years to as long as seven to eight years, and their gradual exits are, in essence, a normal process of capital rotation during a company’s growth.More importantly, Zhao Tianyang noted in the statement that most of the shares sold by exiting shareholders were proactively taken up by top-tier international investors and professional institutional investors from both China and overseas. This means that the sell-down pressure that previously troubled the market has largely been absorbed. It also indicates that ownership is shifting from early-stage and purely financial investors to professional institutions with stronger conviction in the company’s long-term value proposition, resulting in simultaneous improvements in both shareholder structure and shareholder quality. For the market, this is not only an inflection point in supply-side pressure, but also the basis for a shift in valuation logic.Chairman Zhao Tianyang also stated that the company is determined to ensure that investors at different stages can all share in the rewards of the company’s growth, further strengthening market expectations for the realization of the company’s long-term value. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Sigenergy Technology (Shanghai) Co., Ltd. (hereinafter referred to as "Sigenergy" or the "Company"), a leading global provider of AI-native solar-storage-charging solutions, officially passed its listing hearing with the Hong Kong Stock Exchange (HKEX) today.A spiring to be the "Apple of the Energy World," Sigenergy has reshaped the energy product ecosystem with "AI + Energy Storage" at its core. By positioning AI as the underlying capability permeating product design, system operation, and user interaction, the Company has achieved a leap from "manufacturing" to an "intelligent system platform." Leveraging disruptive AI product power and a precise global high-end strategy, the Company has demonstrated extraordinary growth momentum: revenue surged over 150-fold within two years, and the gross margin for 2025 exceeded 50%, showcasing a new paradigm of "value-driven growth" to the capital market.Revenue Grew 150-fold in Two Years; Profitability Ranks Among the Top in the IndustryAccording to the latest data disclosed in the prospectus, Sigenergy's revenue scale has demonstrated extreme growth momentum. As of December 31, 2025, the Company’s operating revenue soared from RMB 58 million in 2023 to RMB 9 billion in 2025, achieving an astonishing growth of over 150-fold within two years.While achieving rapid expansion in revenue scale, the Company's profitability has also significantly improved. Its gross margin rose steadily from 31.3% in 2023 to 50.1% in 2025, with an adjusted net margin as high as 35.9% in 2025. Both indicators rank among the top in the global distributed energy storage industry. This reflects that the Company has successfully broken away from the common low-price competition framework of the industry, enhanced its pricing power through technological advantages, and thereby achieved synergistic growth in both scale expansion and profitability levels.From "5-in-One" to Full-Scenario Coverage: Reshaping the Energy Management ParadigmSigenergy's core product, SigenStor, with its pioneering "5-in-one" design concept, has completely restructured the system morphology of distributed energy storage. SigenStor deeply integrates the solar inverter, power conversion system (PCS), battery pack, DC fast charging module, and energy management system (EMS) into a single platform. Through "AI + stackable" technology, users can flexibly expand system capacity as easily as building "LEGO" blocks. This highly integrated and extremely standardized system architecture optimizes the installation experience and provides the foundation for large-scale channel replication and global promotion.At the system level, the Company has achieved near 0-millisecond on/off-grid switching technology through hardware-software synergy and system control optimization. Compared to traditional backup power solutions, its "seamless switching" characteristic minimizes the impact of grid fluctuations or interruptions on end-user electricity consumption. This ensures the continuous operation of critical loads in residential scenarios and effectively avoids production and operational losses caused by instantaneous power outages in industrial and commercial (C&I) scenarios.On this basis, the Company has constructed a product portfolio covering residential, C&I, and large-scale utility power plants. In residential and C&I scenarios, the Company adopts modular, highly integrated, and scalable designs, enabling systems with flexible deployment and continuous upgrade capabilities. In utility-scale scenarios, the Company provides long-term value to customers centered on the concepts of "high yield, long-term safety and reliability, and simple O&M."This multi-scenario layout is built upon platform-based capabilities anchored in a unified technical foundation. Through integrated hardware-software design, a unified data architecture, and control logic, the Company has achieved technical synergy and capability reuse across different products and scenarios. This system enhances R&D efficiency and product iteration speed, providing the underlying support for the Company's global scale replication and long-term profitability."AI in All" Constructs a "Growth Flywheel", Driving a Fundamental Leap in Ecological ValueSigenergy adheres to the "AI in All" strategy, viewing AI as a fundamental capability permeating product design, system operation, and user interaction. At the critical juncture of the global energy transition toward intelligence and systematization, the Company is driving energy management from single-device control toward multi-device synergy and global optimization. In this way, dispersed devices, complex energy flows, and diverse application scenarios are integrated into a highly synergistic whole, empowering the entire energy system with unified dispatching and continuous evolution capabilities.Based on this strategy, all core products of Sigenergy have pre-allocated computing power, data interfaces, and control capabilities during the architectural design stage. Whether it is the SigenStor residential system, AC EV chargers, or C&I and utility-scale products, all can seamlessly access the AI ecosystem. This means the Company is building not just individual devices, but an AI-centric energy system capable of cross-scenario synergistic operation. The dimension of competition has upgraded from single-product performance to a comprehensive competition of system capabilities, ecological capabilities, and continuous evolution capabilities.The deeper value of AI capabilities lies in the formation of a "Growth Flywheel." As the number of globally deployed devices increases, while ensuring data security and user rights, the AI system continuously accumulates real-world operational data such as weather, electricity prices, power generation, loads, and user habits. This makes power consumption decisions more precise and system operations more efficient, thereby forming an ever-deepening ecological barrier.More importantly, this capability has directly translated into commercial value. In overseas high-end markets with dynamic electricity pricing, the AI system can assist users in optimizing power strategies to maximize energy economic benefits. Taking the Swedish market as an example, the system has helped users reduce their average electricity costs by approximately 70%, directly converting AI capabilities into "tangible economic returns" and creating incremental value that traditional products cannot provide. Leveraging its leading AI application capabilities, Sigenergy has achieved a fundamental leap from an "energy equipment manufacturer" to an "AI-centric energy system platform."Leading Global Market Share; Comprehensive Upgrade of Delivery CapabilitiesAs of December 31, 2025, the Company has established partnerships with 172 distributors and over 17,600 installers from 85 countries, covering core markets such as Europe, Asia-Pacific, North America, and Africa, and extending to emerging regions like Latin America, Central Asia, and South Asia. The Company has built a relatively sophisticated sales, service, and technical support network globally, laying a solid foundation for rapid localization in high-threshold markets and serving as the driving force for long-term growth.Against the backdrop of intensified industry competition, Sigenergy persists in a development path that combines high-end positioning with globalization. Through "strategic superiority" via technology—deeply integrating modular design, full-scenario integration, and AI dispatching algorithms—the Company effectively avoids homogenized competition and continuously enhances product added value. The prospectus shows that high-value markets such as Australia and Europe have become core pillars of the Company's business growth, with sales revenue ranking in the top two. In global benchmark markets with stringent requirements for product performance and safety, according to market reports from the Australian energy consultancy SunWiz, Sigenergy ranked first in market share for systems under 1,000kWh in Australia, Ireland, and South Africa in 2025; it also holds leading positions in markets such as the UK, Sweden, and the Benelux region. This series of market performances fully validates the Company's strong brand premium and commercialization capabilities in high-end market segments.To support global expansion, the Company has constructed three major manufacturing bases centered in Shanghai Lingang, Jinqiao, and Nantong, Jiangsu. Among them, the Nantong Smart Energy Center officially commenced production in the first quarter of 2026, with a total investment of RMB 500 million and a total construction area of 136,000 square meters. With an annual capacity exceeding 300,000 inverters and battery PACKs, it is one of the world's largest single-unit distributed energy storage factories. Through a synergistic system of "advanced manufacturing bases + intelligent industrial systems + deep AI empowerment," the Company has not only achieved the rapid release of large-scale capacity but also built high-consistency and high-reliability global delivery capabilities, forming a critical manufacturing barrier against competitors.For this Hong Kong listing, the Company intends to use the proceeds for R&D investment, global sales network expansion, and intelligent manufacturing upgrades. Following the successful passing of the hearing, Sigenergy will continue to leverage its "AI-native" technological advantages, driving the industry's transition from traditional equipment competition to a comprehensive transformation defined by AI-driven systems, ecosystems, and long-term value.For inquiries, please contact:EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITEDMs. Claire ZhangTel: (852)3468 8171 Email: project_alps.list@everbloom.com.cn Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Singapore, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - S CUBE Capital’s Fixed Income Tactical Opportunities Fund II, managed by the Singapore-based investment manager specializing in Global and Indian strategies, has been ranked by Bloomberg as the top-performing USD fixed income fund. The firm outperformed strategies managed by leading global institutions across a universe of funds spanning 15 Asia Pacific markets including Singapore, Hong Kong, India, China, Japan, Korea, Taiwan, Australia and Mauritius.Over the one-year period ending January 31, 2026, Bloomberg reported that FITOF – Fund II delivered total returns of 12.44%, outperforming its nearest peer by more than 200 basis points. This recognition follows a similar distinction received by S CUBE two years ago and underscores the strength of the firm’s investment framework, as well as its deep expertise in navigating global credit markets. While the fund remains focused on high-quality bonds, its positioning has maintained a meaningful overweight to Indian credits, reflecting strong conviction in the country’s macroeconomic trajectory.Commenting on the performance, Hemant Mishr, Founder and CIO, S CUBE Capital, said "We are delighted to receive this recognition – it is particularly special as it marks our second such recognition in the past three years and comes against a backdrop of heightened geopolitical risk and a challenging macroeconomic environment. To be acknowledged alongside such a strong cohort of global funds is a testament to the strength of our team and the rigor of our investment framework.“We are seeing strong investor interest supported by favourable tailwinds. A change of guard at the US Fed is reinforcing expectations of a more dovish monetary policy. At the same time rising stress in the private credit market is likely to catalyse a rotation of capital towards public credit strategies- an area where we are well positioned to capture attractive risk-adjusted opportunities” adds Hemant."Balaji Swaminathan, Founder and CEO, S CUBE Capital added “We are pleased to be recognized once again for delivering consistent returns for our investors. Our focus remains on combining rigorous credit selection with deep on-the-ground insights to capture opportunities across Asia and our overweight position in Indian dollar issuers has been a key driver of our performance. As India’s role in the global economy continues to strengthen, we believe our platform is well positioned to connect international investors with high-quality credit opportunities in the region”.About S CUBE CapitalS CUBE is a global fund management company domiciled in Singapore and regulated by the Monetary Authority of Singapore (MAS). We are a strong and dedicated team of internationally experienced experts delivering institutional investment expertise to client. Our team has managed investments of over USD 50 billion in our previous roles and has a cumulative experience of over 100 years in Global Financial Markets across assets including Credit, Equities, Fixed Income, Rates, FX and Commodities. For more information visit https://scubecapital.com/.Media contact:Namrata Sharma+65 81383034Namrata.sharma@adfactorspr.com  Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Mar 29, 2026 - (ACN Newswire via SeaPRwire.com) - The 2025 annual report of Shoucheng Holdings (0697.HK) sends a clear signal: the company is entering what it describes as its “best period in history.” The key to this assessment lies not merely in the growth of a single business segment, but in the fact that, after eight years of continuous transformation, Shoucheng Holdings has established a dual-engine core business model of “industrial funds + asset management” and is now entering a new phase of accelerated earnings realization.In his Chairman’s Statement, Chairman Zhao Tianyang noted that over the past eight years, the company has completed a continuous evolution from the divestment of non-performing assets and the injection of high-quality assets, to asset restructuring, deep industrial cultivation, and finally the realization of returns. Today, the company is steadily entering a stage of medium-to-high-speed growth. This also means that Shoucheng Holdings has moved beyond its earlier restructuring-and-recovery logic and into a new cycle marked by clear core businesses, a mature business model, and accelerating value release.From a business framework perspective, “industrial funds + asset management” has become the company’s most important growth engine. The former is responsible for value discovery, project investment, and securing high-quality assets, while the latter is responsible for operational efficiency enhancement, cash flow accumulation, and asset appreciation. Together, they form a closed-loop model spanning investment, operation, and exit, giving the company stronger earnings stability and greater certainty of future growth.Among these businesses, the industrial fund segment has delivered particularly strong growth. In 2025, revenue related to the company’s industrial fund business reached approximately HKD 402 million, representing a year-on-year increase of about 37%. This shows that the segment has moved beyond a single management-fee model and entered a new phase driven by a dual engine of “management fees + investment returns.” At the same time, the company is advancing the launch of two core funds: a strategic emerging and future industries fund, and a special fund for asset restructuring, with its fund matrix continuing to expand.The asset management business has further strengthened the company’s earnings foundation. In 2025, Shoucheng Holdings assisted in the issuance of seven publicly offered REITs and served more than 20 projects, corresponding to a total issuance scale of over RMB 100 billion. The company also continued to expand its presence in technology parks, consumer infrastructure, data centers, and clean energy. In its static transportation business, the company has promoted an upgrade from a single parking-fee model to diversified commercial revenue generation. Innovative business revenue accounted for 20% of the segment, while revenue yield per parking space increased by 17%, demonstrating the company’s ability to achieve both stable cash flow and asset appreciation.Overall, what is most noteworthy about Shoucheng Holdings at present is not just its earnings growth itself, but the fact that its dual-core businesses of “industrial funds + asset management” have formed a complete closed loop, and the company is now moving from “completing transformation” to “realizing value.” The phrase “best period in history” is the most fitting testament to this pivotal leap forward. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Mar 29, 2026 - (ACN Newswire via SeaPRwire.com) - Shoucheng Holdings (0697.HK) is redefining the commercial value of parking lots. According to information released in the company’s 2025 annual report, parking lots are no longer merely static spaces that rely on parking fees for profit. Instead, they are being upgraded into intelligent digital infrastructure nodes serving Robotaxis, Robovans, and even eVTOL aircraft. Shoucheng uses the term “mother port” to describe this transformation, meaning that parking lots in the future will do far more than provide parking spaces. They will also support charging, berthing, maintenance, dispatching, automatic docking, and other back-end support services, becoming critical hubs in autonomous mobility systems.This shift is, in essence, a rewriting of the business model. Traditional parking lots mainly depend on time-based parking fees. Under Shoucheng’s E Park model, however, revenue streams are expanding to include dispatch service fees for autonomous vehicles, charging, battery swapping, and hosting fees for robots, maintenance and OTA service fees, commercial display and advertising revenue, and intelligent business integration income. Accordingly, the core assets of a parking lot are no longer limited to the number of parking spaces, but now also include site resources, intelligent platforms, charging and battery-swapping facilities, dispatching capabilities, and ecosystem support capabilities for autonomous operations.Behind this transformation lies a change in the commercialization logic of the autonomous driving industry. In the past, the sector focused more on whether vehicles could operate on the road. Today, the key factors determining operating efficiency are increasingly concentrated in back-end functions such as charging, berthing, maintenance, and dispatching. Where vehicles go to recharge after completing orders, where they park during off-peak hours, how faults are handled, and how cross-regional fleets are deployed efficiently now determine not only whether a single vehicle can be put on the road, but also whether an entire fleet can sustain operations and scale up. For this reason, parking lots are no longer the end point of the mobility chain; they are becoming the starting point of the next round of operations.Shoucheng’s unique advantage lies in its strong ability to integrate site resources and drive industrial synergies. Through models such as PPP and BOT, the company has long acquired operating rights and concession rights, with business coverage spanning airports, healthcare, public services, and other diversified scenarios, giving it the foundation to build a city-level node network. At the same time, Shoucheng also has a dual-engine capability combining industrial funds and asset operations. On one end, it is strategically positioned in embodied intelligence and robotics; on the other, it upgrades static transportation sites, enabling parking lots to more smoothly accommodate the emerging needs of the autonomous driving and robotics industries.In terms of implementation, this model has already begun to prove itself. Shoucheng has advanced robotics applications in relevant scenarios at Terminal 3 of Beijing Capital International Airport, and together with Wisson Robotics, it has built a demonstration project featuring robots and automatic charging at the Chengdu ICD project, promoting the extension of underground parking lots from single-purpose parking spaces to intelligent operational scenarios featuring integrated parking and charging. This shows that the “mother port” model is not just a concept, but is gradually moving toward practical application.It is foreseeable that in the future, the key to competition among parking lots will no longer be simply the number of parking spaces or parking turnover rates, but rather who can connect dispersed nodes into a citywide service network covering charging, berthing, operations and maintenance, and dispatching needs. What Shoucheng Holdings is betting on is no longer just parking fee income, but a more imaginative entry point into downstream service infrastructure in the era of autonomous mobility. For Shoucheng, parking is not the destination; “mother port services” are the real starting point of its new business model. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Mar 29, 2026 - (ACN Newswire via SeaPRwire.com) - Shoucheng Holdings (697.HK) is accelerating the build-out of its end-to-end REITs platform. In 2025, the company recorded investment income of HKD 222 million in this segment, along with dividend income of HKD 54.075 million, for a combined total of approximately HKD 276 million, representing about 19.2% of total revenue. This business has gradually become an important source of profit.At the same time, the company partnered with China Life to establish a REITs stabilization fund with a total size of RMB 10 billion, further extending its reach into capital allocation and strengthening its closed-loop capabilities across investment, management, operation, and exit. As the business continues to deepen, Shoucheng Holdings is simultaneously advancing allocations to existing REITs and building reserves of incremental infrastructure assets, thereby continuously enhancing its capabilities in asset sourcing, operational synergies, and capital operations.In his Chairman’s Statement, Chairman Zhao Tianyang assessed that the infrastructure asset market is now approaching an “inflection point.” Following the earlier price correction, the company will comprehensively scale up investment in 2026, continue to actively position itself around high-quality infrastructure assets and REITs opportunities, and seize the next market window. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com