SHOUCHENG (00697) invests in Yuanhuan Intelligent

SHOUCHENG (00697) has announced that recently, a fund managed by a company under its Shoucheng Capital unit (a wholly-owned subsidiary of the Company) invested in Shanghai Yuanhuan Intelligent Technology Co., Ltd. (Yuanhuan Intelligent). This investment will effectively empower the investee company to advance iterative upgrades of its core products and expand its team, further accelerating the implementation of application scenarios. Yuanhuan Intelligent is committed to building an artificial intelligence metamodel technology system that can verify the effectiveness of model architectures, data systems, and training methods, providing systematic solutions to industry pain points such as high computing power consumption, high labor costs, low iteration efficiency, and insufficient interpretability in traditional AI R&D. This investment will inject strong development momentum into Yuanhuan Intelligent in key areas such as core technology R&D iteration and talent reserves, helping it continuously optimize its R&D layout in the field of AI metamodel technology and further accelerate the commercialization of diverse application scenarios. In the future, the Group will unswervingly continue to increase its investment layout in cutting-edge technology, deepen strategic cooperation with high-quality enterprises in segmented fields, and, through capital empowerment and industrial collaboration, continuously deepen its layout at the model level and expand upstream into data and computing power, further extending into the frontier of AI underlying technology R&D, and helping China's artificial intelligence industry achieve high-quality development.