Iván Hernández Dalas: Shoucheng Holdings launches Robotics Advanced Materials Co.

Shoucheng has invested in humanoid robotics developers such as NOETIX, whose system is shown here.

Shoucheng Holdings has invested in humanoid robotics developers such as NOETIX. Source: NOETIX

In its annual earnings report last week, Shoucheng Holdings Ltd. said it is accelerating its robotics strategy. It has established the Shoucheng Robotics Advanced Materials Industrial Co. through its Shouwo Investment subsidiary.

The new unit will focus on key robotics components such as electronic skin, tendon cables, and lightweight polyether ether ketone polymer (PEEK) composites. Shoucheng said it will address critical gaps in the robotics value chain and mark its expansion beyond “investment + application” as it builds an ecosystem from materials to systems and applications.

Industry observers noted that the new materials company also spans the value chain from capital investment to scenario deployment and now upstream materials, according to Shoucheng. The Hong Kong, China-based part of Shougang Group asserted that it well-positioned for significant long-term growth, as the development and commercialization of humanoid robots progresses.

Chinese company continues building ecosystem

On the business front, Shoucheng Holdings said it is accelerating its robotics strategy. The company has invested in leading firms including Unitree, Galbot, Galaxea-AI, and Booster Robotics. This week, Shoucheng reportedly invested in humanoid developer NOETIX Robotics Inc.

Shoucheng added that it is advancing large-scale deployment of robotics across diverse scenarios such as IAT Automobile Technology’s production lines, the Chengdu ICD autonomous charging station, and Peking University’s Shougang Hospital for surgical applications.

Last month, portfolio companies under Shoucheng’s robotics ecosystem won 37 medals at the World Humanoid Robot Games. Meanwhile, the “Shoucheng Robotics Experience Store” outside Beijing’s National Speed Skating Oval achieved daily sales exceeding RMB 30,000 ($4,200 U.S.), reflecting strong public enthusiasm for robotics adoption, said the company.

Shoucheng reports 2025 results

On Aug. 31, Shoucheng Holdings announced its fiscal 2025 interim results, reporting total revenue of HK$731 million ($93 million U.S.), up 36% year over year. Net profit attributable to shareholders reached HK$339 million ($43.4 million U.S.), representing a 30% increase.

Operating income was HK$511 million ($65.5 million U.S.), up 26%, while asset finance income grew 69% to HK$220 million ($28.2 million U.S.).

The company also declared a total payout of HK$1.159 billion (148.6 million U.S.) for FY2025, with a dividend yield of nearly 8%, alongside repurchasing more than 40 million shares, which it said underscored management’s strong confidence in long-term value.

Financially, Shoucheng said it holds more than HK$8 billion ($1 billion U.S.) in cash, has fully repaid all bank loans, maintains a gearing ratio of just 7.9%, and has been awarded the highest AAA rating by domestic credit agencies for three consecutive years, reflecting its robust financial position.

Editor’s note: RoboBusiness 2025 will feature a keynote panel on “Closing the Robotics Gap with China” and a session on the “Global Implications of China’s Robotics Push.” Registration is now open for the event, which will be on Oct. 15 and 16 in Santa Clara, Calif.


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