HONG KONG, Apr 20, 2026 - (ACN Newswire) - Organised by the Hong Kong Trade Development Council (HKTDC), the 3rd Smart Lighting Expo and the 17th Hong Kong International Lighting Fair (Spring Edition) open today and will run for four consecutive days from 20 to 23 April at the Hong Kong Convention and Exhibition Centre (HKCEC) in Wan Chai. Under the theme “Go Smart, Live Green”, the twin lighting fairs introduce a number of new zones this year, including the debut of “Light Lab”, which focuses on lighting solutions that combine innovation and sustainability, unveiling the latest lighting trends for 2026.

Jenny Koo, Deputy Executive Director of the HKTDC, said: “This year’s twin lighting fairs bring together some 900 exhibitors, including new exhibitors from the Netherlands and Vietnam. A number of industry leaders are participating, including Absen, whose LED displays were in use at the World Cup and World Expos, and has been ranked first nationally in LED display exports for 16 consecutive years, and Shanghai Sansi, which supplies over 60% of the screens in Times Square, New York. Overall, our exhibitor lineup is strong. As one of the key events of Business of Innovation and Technology Week (BIT Week), the Smart Lighting Expo focuses on cutting edge lighting technologies and applications. This year, the newly launched Smart Commercial Display & Stage Audio-Visual Zone features lighting products and equipment related to cultural tourism and performing arts. As top-tier trade events for lighting products and technologies, the twin lighting fairs not only help promote Hong Kong as an international innovation and technology hub but also support the development of the megaevent economy by fostering cross industry exchange and collaboration.”

According to Statista, the global smart lighting market is expected to reach US$44 billion by 2030. An analysis released by the International Energy Agency in March said that a second wave of LED transformation is imminent. In regions including Africa, Latin America and the Asia Pacific (excluding India and Chinese Mainland), LED penetration remains relatively low. In the residential sector alone, around 30% of lighting fixtures worldwide have yet to be upgraded, creating opportunities for high efficiency LED technologies. At the same time, early generation LED products, which account for nearly 15% of global residential lighting fixtures and have an average lifespan of 10 to 15 years, are gradually reaching the end of their service life, creating opportunities for high efficiency and more intelligent lighting systems.

Against the backdrop of surging demand for high efficiency and intelligent lighting, this year’s fairs curate multiple highlights that bring advanced lighting technologies into real world application scenarios. The newly introduced “Light Lab” in Hall 3 features three scenario-based designs that present a range of products in an immersive manner, allowing visitors to experience their characteristics in different settings. The Lumin Garden displays garden lighting, smart lamp posts and solar luminaires. Shanghai Sansi LED Lighting presents plant lighting fixtures that use proprietary independent ceramic technology, delivering heat dissipation efficiency superior to metal structures. Combined with precise spectral control and professional optical systems, the solution meets the needs of plants at different growth stages.

The Lumin Arena showcases professional grade lighting performance with stadium lights and high bay lights. Foshan Electrical and Lighting, which provides lighting for the China National Youth Football Training Centre, presents its new overseas sports lighting product, the F Series stadium lights, manufactured using full aluminium forging technology. Under the same illuminance level, the lights are 20% to 45% lighter than traditional fixtures and use high thermal conductivity 1060 pure aluminium, effectively reducing LED chip operating temperatures. With a lifespan of up to 100,000 hours, maintenance requirements are significantly reduced. The Lumin Gallery focuses on high-end museum lighting, displaying modular track lights and spotlights that highlight the integration of precise light control and aesthetics. Guangdong ThinkGis presents ultralow glare spotlights that emphasise glare control, reducing eye stimulation through specialised optical design and enhancing operational comfort and safety.

As for the group pavilion, the twin lighting fairs receive strong support from Zhongshan City, as a Special Partner City this year, bringing the Zhongshan Guzhen Pavilion and Zhongshan Henglan Pavilion to form the Zhongshan Smart Home Zone, showcasing competitive lighting manufacturing capabilities and innovative solutions. The Shanghai Pudong Intelligent Lighting Association participates in the Smart Lighting Expo for the third consecutive year, setting up the Smart Ecosystem and IoT Supply Chain Area, together with brands including BWEETECH, AIDimming, Darkoo and TYF, presenting the latest developments in smart lighting and IoT solutions. In addition, pavilion from Shenzhen also participate, while the Spring Lighting Fair brings together pavilion from Xiamen, as well as new pavilions from Changzhou Zouqu and Zhejiang, further expanding industry exchange.

Four major lighting trends move forward in parallel, showing new directions in smart, low carbon, immersive and human centric lighting

As artificial intelligence technologies continue to mature, lighting products are no longer limited to basic illumination functions. Instead, they integrate design, aesthetics, health, personalised experiences and sustainability, and even become an important part of urban and social infrastructure. Exhibitors at the Smart Lighting Expo and Spring Lighting Fair fully demonstrate the four major lighting trends currently taking shape in the market.

Smart lighting: enhancing flexibility and scenario experience through technology

Many exhibitors focus on intelligent control and scenario-based applications to enhance the flexibility and user experience of lighting systems. BWEETECH (Booth: 1B-E18) showcases its Bwee Smart Control Knob, which has won the MUSE Design Award and iF Design Award. The product supports the Zigbee protocol and integration with platforms such as Apple Home, offering stepless dimming from 1% to 100% and millisecond level response, enabling easy whole home smart control. KC Lighting (Booth: 1E-A02) presents its M7 Micro 48V Track System, which supports Casambi and DALI smart control. With its ultra slim and flexible design, the system meets the needs of precise lighting layout and scenario management in residential and high-end commercial spaces.In addition, Xiamen PVTECH (Booth: 1E-B02) introduces its off grid intelligent lighting control panel, featuring multiple preset office and meeting room scenarios and one touch human-centric lighting (HCL) switching, demonstrating the practical application potential of smart lighting in workplace environments.

Green lighting: driving low carbon transformation and sustainable development

Many products on display cleave to the trend of green lighting, which helps the industry advance low carbon transformation. Absen (Booth: 1BB01) showcases its A25 Series low carbon energy saving LED display, which consumes less than one kilowatt hour of electricity per square metre per day and delivers over 50% energy savings compared to traditional solutions. Guangdong Zhongqian New Energy (Booth: 1B-E02) presents solar street lights powered by renewable energy, equipped with sleep mode and long-lasting battery life, suitable for smart city and public lighting applications.Meanwhile, Ningbo Yadu Lighting (Booth: 1D-E18) introduces solar garden lights that combine solar power with USBC charging, providing long duration illumination for residential and outdoor environments.

Entertainment lighting: creating immersive light and shadow and interactive experiences

A wide range of lighting products emphasise interactive lighting effects and immersive experiences, injecting new elements into performances, gaming and cultural settings. Zhongyuan Innovation (Booth: 1B-D11) presents its Ambit 3 + Spot GREENTEK dynamic backlight, supporting 16 million colours and synchronised audiovisual lighting effects, designed specifically for gaming and entertainment environments. Zhongshan Walton Lighting (Booth: 1BC05) showcases its Gobo Projection Light that supports DMX512 control and multiple dynamic animation effects, widely used in stages, events and tourist attractions. Ledmy (Booth: 3E-B02) introduces its 360-degree neon lighting series, featuring uniform omnidirectional illumination and high design flexibility, commonly applied in stadiums, cultural projects and landmark developments.

Human centric lighting: enhancing visual comfort and quality of life

The fairs also feature products that leverage visual comfort for physical and mental wellbeing. Shenzhen Norming Lighting (Booth: 1E-C24) presents dim-to-warm track lights with colour temperature that changes naturally with brightness, high colour rendering and flicker free design, enhancing comfort in dining and living spaces. In addition, Mascuge (Booth: 3E-A03) introduces an aroma diffuser humidifying lamp that integrates soft lighting with aromatherapy and humidification, creating a relaxing lighting environment for homes and leisure spaces.

Two Major Forums Examine Market Hot Topics

In addition to exhibition displays, the twin lighting fairs host a series of events to foster industry exchange. A highlight of the Spring Lighting Fair, the Asian Lighting Forum, will be held on 20–21 April, under the themes “Luminous Spectacle: Immersive Entertainment Lighting Experience” and “LightScape Aesthetics: LuminArt in Landscape and Public Space Design”. Award-winning lighting designers, including concert lighting expert from ANH Design Company (Taiwan) and the Bund’s landscape lighting designer from Tungsten (Shanghai), will share the latest trends in immersive entertainment lighting and outdoor lighting.

Meanwhile, the Smart Lighting Solution Forum at the Smart Lighting Expo will be held on 21 April under the theme “Illuminating Smart Living: Infinite Possibility of Light”. Industry experts will discuss smart home lighting, human-centric entertainment lighting, and the development of the lighting supply chain ecosystem, helping the industry grasp future application directions.

Exhibitor Opple Lighting, as the official partner of the buyers’ VIP lounge at the Hong Kong International Lighting Fair (Spring Edition), is showcasing its SDL smart spectral lighting technology, and will also participate in on‑site product promotions and launch events.

Photo download:https://bit.ly/3QbJEr1

Websites

Hong Kong International Lighting Fair (Spring Edition): hklightingfairse.hktdc.com/

Smart Lighting Expo: smartlightingexpo.hktdc.com/

Exhibition Event: https://www.hktdc.com/event/smartlightingexpo/tc/programme

HKTDC Media Room: http://mediaroom.hktdc.com/en

Media enquiries

About HKTDC

The Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. 

HONG KONG, Apr 2, 2026 - (ACN Newswire) - Shoucheng Holdings’ (0697.HK) investments in the robotics sector are moving from early-stage positioning toward value realization.

Management has disclosed that, by the end of 2025, the Company—through multiple industry funds under its management—had cumulatively invested more than RMB 2 billion across the broader robotics industry chain, covering more than 20 companies. According to the Chairman’s Statement for 2025, the valuation of the investment portfolio of the Beijing Robot Industry Development Investment Fund (Limited Partnership) increased by approximately fourfold. On that basis, the corresponding unrealized book gain is estimated at around RMB 8 billion. The robotics business has therefore become one of the most closely watched sources of incremental upside for Shoucheng Holdings in the near term.

Based on disclosed projects, Shoucheng Holdings’ robotics strategy is not a series of isolated bets, but rather a systematic deployment across the industry chain. In the field of embodied intelligence and robotics, the Company has made concentrated investments in more than 20 leading companies, including Unitree Robotics, Noetix Robotics, Galbot, DEEP Robotics, Booster Robotics, and Galaxea AI. In the latest Chairman’s Statement, Chairman Zhao Tianyang characterized this approach as “track-level deployment”.

Unlike some purely financial investors, Shoucheng Holdings is advancing its robotics business from simply “holding equity stakes” to “operating an industry”. Following an integrated path of “investment + operations + ecosystem,” the Company is building capabilities centered on “funds + scenarios + industry chain,” providing robotics companies with capital support, application scenarios, supply-chain integration, and commercialization pathways. On the offline channel side, its robotics consumer experience brand, Taozhu New Creation, has established five stores in Beijing, with locations including Shougang Park, Beijing Capital International Airport Terminals 2 and 3, and Wangfujing APM, among other core venues. To date, the Company has signed agreements with nearly 100 robotics companies as authorized agents.

Market analysts note that the valuation logic for Shoucheng Holdings’ robotics business is transitioning from book valuations in the primary market toward more observable pricing in the capital markets. As a representative investment within Shoucheng Holdings’ robotics portfolio, Unitree Robotics—together with its IPO progress—provides the market with a clearer anchor for assessing the value of Shoucheng Holdings’ robotics assets.

From a longer-term perspective, the data points of “more than RMB 2 billion invested, more than 20 companies covered, and portfolio valuation increasing approximately fourfold to around RMB 8 billion” already outline the basic contours of Shoucheng Holdings’ robotics strategy:At the front end, the Company secures leading projects through its funds.In the mid-stage, it accelerates commercialization through channels and service systems.At the back end, it opens up exit and re-rating opportunities through IPOs and capital operations.

As projects such as Unitree Robotics move into the capital-market spotlight, the book value of Shoucheng Holdings’ robotics investments, its industrial synergy capabilities, and its subsequent monetization path are becoming increasingly clear.

HONG KONG, Apr 1, 2026 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) will stage four flagship technology fairs this April, including InnoEX, jointly organised by the Innovation, Technology and Industry Bureau (ITIB) of the HKSAR Government and the Hong Kong Trade Development Council (HKTDC), Hong Kong Electronics Fair (Spring Edition) (EFSE), Hong Kong International Lighting Fair (Spring Edition) (LFSE) and Smart Lighting Expo (SLE), all at the Hong Kong Convention and Exhibition Centre. The four major technology fairs bring together over 3,700 exhibitors from 28 countries and regions.

InnoEX and the EFSE will be held concurrently from 13 to 16 April, showcasing a wide spectrum of innovation and technology as well as industry applications. The fairs will feature global innovation and technology achievements, cutting-edge electronic products and advanced technology solutions, driving breakthroughs across multiple sectors and offering businesses the latest market developments and collaboration opportunities. The LFSE and the SLE will take place from 20 to 23 April (Monday to Thursday), presenting the latest smart lighting solutions and innovative products. The four fairs are open to industry, investors, trade buyers and users from various sectors, including SMEs, for sourcing and networking opportunities.

Jenny Koo, Deputy Executive Director of the HKTDC, said, “As we enter the peak exhibition season in April, the HKTDC presents four major spring technology fairs, bringing together more than 3,700 exhibitors from 28 countries and regions, showcasing Hong Kong’s strengths as an international exhibition and convention hub. Proactively aligning with the National 15th Five-Year Plan and supporting the I&T policy outlined in the government’s latest Budget, both InnoEX and the EFSE will showcase AI-driven frontier technologies and market-ready applications, as well as a wide array of advanced technologies and cutting-edge electronic products, supporting Hong Kong’s development into an international I&T hub. Together with the LFSE and the SLE, these events present advanced technologies and cutting-edge products, fostering business networking and cross-sector collaboration, and continuously leverage Hong Kong’s unique advantage as a platform for ‘bringing in’ and ‘going global’.”

RoboPark brings together leading robotics companies to foster technology exchange and support global expansion

This year’s InnoEX, themed “Innovate • Automate • Elevate”, covers five key areas: AI+, Robotics, the Low-altitude Economy, Property Technology and Retail Technology. A major highlight is “RoboPark”, which makes its debut across both InnoEX and the EFSE and brings together technology companies from Hong Kong, Chinese Mainland and overseas. The zone showcases more than 100 robots across a wide range of application scenarios, covering “Commercial & Industrial”, “Health & Living”, as well as “Entertainment & Social”.

RoboPark features four of the world’s top five best-selling humanoid robot manufacturers in 2025[1], namely AgiBot, EngineAI, UBTECH and Unitree. Other exhibitors include DEEP Robotics from “Hangzhou’s Six Little Dragons”, four additional companies from “Shenzhen’s Eight Great Guardians of Embodied Intelligence” including AI² Robotics, Digit Robotics, LimX Dynamic and PaXini, together with Hong Kong start-ups Rice Robotics and SOTA Robotics. Overseas exhibitors from the United Kingdom, Singapore and more will also participate. Over the four-day exhibition period, some 40 events will be held at RoboPark, including technology demonstrations, application sharing sessions and networking platforms, helping enterprises expand into overseas markets and explore new opportunities.

This year’s InnoEX further expands its global reach, showcasing exhibitors from 21 countries and regions, including Hong Kong, Chinese Mainland, Macao, Australia, Austria, Canada, France, Germany, Hungary, India, Israel, Japan, Kazakhstan, Malaysia, the Netherlands, the Philippines, Poland, Singapore, Sri Lanka, Thailand, the United Kingdom and the United States. The Chinese mainland reinforces its presence with 17 provinces and cities, including Beijing, Shanghai, Guangzhou and Shenzhen, collectively forming 18 pavilions. These include delegations such as Zhongguancun from Beijing and Xi’an Jiaotong University, which are leveraging Hong Kong as a high-value international platform to showcase the latest technological R&D achievements and expand into overseas markets. In addition, leading Chinese Mainland technology giants, including Huawei International, China Mobile Hong Kong, iFLYTEK, Tencent Cloud International and Lenovo (Hong Kong) will also participate.

The exhibition brings together R&D achievements and innovative solutions from the government, industry, academia and research sectors. The Digital Policy Office of the HKSAR Government will once again set up a large-scale “Smart Hong Kong Pavilion”, which will showcase over 100 I&T solutions from over 20 government departments and public organisations as well as award-winning entries by local I&T sector and students from various I&T competitions. The Pavilion this year will be themed “AI+ Hong Kong” and focus on artificial intelligence (AI) application across different domains in Hong Kong, establishing eight exhibit areas namely, “AI+ Public Services”, “AI+ Medical Innovations”, “AI+ Everyday Experience”, “AI+ Robotics Innovations”, “AI+ Mobility Revolution”, “AI+ Safety and Security”, “AI+ Infrastructure Development”, and “AI+ Low-altitude Economy”.

InnoEX will, for the first time, co-organise the “Low-Altitude Economy Conference” with the Working Group on Developing the Low-Altitude Economy, bringing together industry experts to analyse policy trends and market potential, and to explore application scenarios and collaboration opportunities in Hong Kong. A dedicated Low-Altitude Economy Zone will also be set up to showcase applications of low-altitude technologies and facilitate industry collaboration. Participating companies include Transcendence, Harmony SkyTech, Damoda, among others.

All R&D centres established by the Hong Kong SAR Government will participate in InnoEX this year, including the Hong Kong Applied Science and Technology Research Institute (ASTRI) and the Nano and Advanced Materials Institute (NAMI), which officially merged on 1 April, as well as the Logistics and Supply Chain MultiTech R&D Centre (LSCM), the Hong Kong Research Institute of Textiles and Apparel (HKRITA), and the Microelectronics R&D Institute (MRDI). Cyberport, Hong Kong Science and Technology Parks Corporation and the Hong Kong-Shenzhen Innovation and Technology Park will also bring more than 40 start-ups to exhibit.

The ESFE will focus on AI-driven electronic products across three major areas: Smart Home & Solutions, Health Tech & Gadgets and Pet Intelligence. Around 50 new products will make their debut at the fair, offering buyers a one-stop sourcing platform and insights into the latest trends. The “Startup Zone” remains a key highlight, bringing together over 60 start-ups, including representatives from the Hong Kong Internet of Things, Angel Investment Foundation and Shenzhen InnoX Academy, showcasing innovative products and solutions while fostering collaboration and investment opportunities. The fair will also feature an “Immersive Experience Zone”, where local I&T companies will present immersive interactive experiences using VR, AR and XR technologies, such as “VR Dragon Boat Experience” and “Smart Tattoo Trial Machine”.

InnoEX and the ESFE will jointly host more than 100 events, covering the major themes of the two exhibitions and featuring insights from industry experts and leaders. In the area of AI+, a representative from Deloitte will share perspectives on “human-centric AI” and market developments, while an expert from Google will explore the future of smart home experiences. In the field of retail technology, the seminar “Retail 4.0: Reshaping Consumer Experiences”, co-organised by the Hong Kong Retail Management Association, will bring together companies including VISA and Tradelink. In addition, overseas government representatives will also participate and share insights. Among them, the Vice-minister of AI and Digital Development of Kazakhstan will lead a delegation to exhibit and speak, sharing the latest developments and opportunities in the country’s low-altitude economy, and offering participants an international perspective.

Twin lighting fairs gather industry leaders, “Light Lab” makes its debut as the highlight attraction

The Smart Lighting Expo and the Hong Kong International Lighting Fair (Spring Edition) are themed “Go Smart • Live Green” this year, bringing together some 900 exhibitors from Hong Kong, Chinese Mainland and overseas, with new participants from the Netherlands and Vietnam. The two fairs will gather numerous renowned brands and industry leaders, including Foshan Electrical and Lighting, a lighting provider for the China national football team; OPPLE Lighting, a winner of multiple world-class design awards offering healthy lighting solutions; Shanghai Sansi, which supplies over 60% of the display screens in Times Square, New York; and Absen, an LED display provider featured at the NBA All-Stars Games, the FIFA Qatar World Cup and Qatar Doha World Expo, and a Guinness World Record holder. These companies will showcase the latest lighting products and technologies.

This year, the fairs receive strong support from Zhongshan City, which joins as the Special Partner City for both lighting fairs, with the inaugural Zhongshan Guzhen Pavilion and the Zhongshan Henglan Pavilion making their debut at the SLE. Participating exhibitors include “Enterprise Above Designated Size” such as Bairan, Faner, and Zhongqian. The Shanghai Pudong Intelligent Lighting Association also returns to the SLE for the third consecutive year, presenting the “Intelligent Ecosystem & IoT Supply Chain Zone”, showcasing the latest solutions from well-known brands such as BWEETECH, AIDimming, Darkoo, and TYF, alongside a pavilion from Shenzhen. As for the LFSE, exhibitors include the Xiamen Pavilion, and newly participating Changzhou Zouqu District Pavilion and Zhejiang Pavilion.

A brand-new “Light Lab” will debut this year, presenting a range of smart lighting products through scenario-based design and immersive displays. Featured exhibits include products like the solar lantern by Zhongshan Faner Lighting Technology (Lumin Garden), a new series of stadium lighting by Foshan Electrical and Lighting (Lumin Arena), and the hill spotlight series by Shanghai Sansi (Lumin Gallery).

This year, the SLE will introduce a new “Smart Commercial Display and Stage Audio-visual Zone”. Industry leader Absen will showcase its latest low-carbon, energy-saving and large-format displays, which adopt innovative technologies to achieve energy savings of over 50%, supporting the outdoor advertising sector in accelerating its green transformation. The “Hall of Aurora”, a signature highlight of the LFSE, is also not to be missed. A series of events will be held during the fairs, including the “Smart Lighting Solution Forum” at the SLE and the “Asian Lighting Forum” at the LFSE, fostering industry exchange.

The Business of Innovation and Technology Week (BIT Week), driven by the ITIB and the HKTDC, will feature a series of major I&T events. In addition to InnoEX, the EFSE, and the SLE, BIT Week highlights include the 3rd Hong Kong World Youth Science Conference, organised by the Hong Kong Alumni Association of Beijing Universities, the Hong Kong Web3 Festival 2026, which focuses on internet technologies and applications, and the International Academicians Hong Kong Forum as a BIT Week event for the first time, featuring the dual themes of “Artificial Intelligence and Ageing” and “Artificial Intelligence and Education”. In addition, during the exhibition period, the World Internet Conference Asia-Pacific Summit, hosted by the World Internet Conference (WIC) and organised by the HKSAR Government and co-organised by the ITIB, will take place concurrently from 13 to 14 April. Focusing on innovation and technology in the Asia-Pacific region, the summit will promote global digital innovation and technological exchange, create synergy with BIT Week events, and further strengthen Hong Kong’s position as a regional digital hub and an international I&T centre.

[1] Source: Omdia Market Radar: General-purpose Embodied Intelligent Robots, 2026, published on 8 January 2026.

Photo download: https://bit.ly/4cn3oPV

Websites

- InnoEX: innoex.hktdc.com/tc
- Hong Kong Electronics Fair (Spring Edition): hkelectronicsfairse.hktdc.com/tc
- Hong Kong International Lighting Fair (Spring Edition): hklightingfairse.hktdc.com/tc
- Smart Lighting Expo: smartlightingexpo.hktdc.com/tc

Media enquiries

Yuan Tung Financial Relations:
Salina Cheng Tel: (852) 3428 2362 Email: salcheng@yuantung.com.hk
Tiffany Leung Tel: (852) 3428 2361 Email: tleung@yuantung.com.hk

HKTDC’s Communications & Public Affairs Department:
Stanley So Tel: (852) 2584 4049 Email: stanley.hp.so@hktdc.org
Navin Law Tel: (852) 2584 4525 Email: navin.cm.law@hktdc.org
Serena Cheung Tel: (852) 2584 4272 Email: serena.hm.cheung@hktdc.org

About HKTDC

The Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels.

HONG KONG, Mar 30, 2026 - (ACN Newswire) - Shoucheng Holdings (0697.HK) is accelerating the evolution of its robotics business from pure equity investment toward a deeper commercialization infrastructure stage. In the company’s newly released 2025 Chairman’s Statement, Chairman Zhao Tianyang made it clear that Shoucheng Holdings is leveraging its extensive offline asset management scale to build the “last mile” that brings the robotics industry from the laboratory to the market.

According to the Chairman’s Statement, Taozhu New Manufacturing Hub, the robotics commercialization platform under Shoucheng Holdings, has already been successfully launched in top-tier commercial locations such as Beijing Shougang Park, Terminal 3 Parking Building of Beijing Capital Airport, and Beijing Wangfujing APM. Zhao Tianyang revealed in the statement that these stores have enjoyed strong foot traffic, and that their operating performance has far exceeded expectations.

Building on its initial success, Shoucheng Holdings plans to further expand its store network to 20 locations within 2026, covering leading commercial districts in core cities such as Beijing, Shanghai, Shenzhen, and Chengdu. This is not merely an expansion of retail outlets, but also the establishment of hubs for real-world robot demonstrations and user interaction.

On the online front, the company has officially launched the “Barrier Breaker Program”, using social platforms such as Douyin and Xiaohongshu for livestream sales and in-depth product teardowns, transforming hard-tech products into consumer-grade or commercially applicable products that the public can readily understand and adopt. At present, Shoucheng Holdings has become an authorized distributor for nearly 100 robotics companies. To further lower procurement barriers for end users, Shoucheng has also partnered with “Beijing Robotics Financial Leasing Company” to provide integrated leasing services for research institutions, medical institutions, and large enterprises, using financial tools to accelerate robot adoption.

In addition, Shoucheng Holdings is drawing on its deep expertise in infrastructure asset management to provide robots with natural testing grounds and operating venues. The Chairman’s Statement notes that the company jointly launched the country’s first “Auto-Charging Robot Pop-up Experience Station” at Chengdu ICD, demonstrating how robots can empower traditional commercial spaces.

Chairman Zhao Tianyang also set out a clear development goal in the statement: going forward, Shoucheng Holdings will continue to advance its strategy of upgrading parking lots into robot operation bases, thereby forming a complete closed loop of “investing in robotics companies – empowering portfolio companies through offline sales – carrying out in-depth offline scenario operations.” Through the interlocking of investment, channels, and scenarios, Shoucheng Holdings is building a formidable competitive moat in the robotics sector.

HONG KONG, Mar 29, 2026 - (ACN Newswire) - 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.

HONG KONG, Mar 29, 2026 - (ACN Newswire) - Against the backdrop of continued momentum in humanoid robots and embodied intelligence, Shoucheng Holdings (0697.HK) is rapidly gaining market attention for its expanding presence in the robotics sector. According to the latest 2025 Chairman’s Statement, the Beijing Robotics Industry Development Investment Fund, which the company co-manages, has achieved approximately fourfold growth in portfolio valuation over the past four years, demonstrating strong capabilities in deal sourcing and value realization. At the same time, Shoucheng Holdings has invested in more than 20 leading companies in embodied intelligence and robotics, covering multiple areas including humanoid robots, quadruped robots, medical robotics, and the low-altitude economy, gradually building a relatively comprehensive industry footprint.

Based on disclosed projects, the company’s investment portfolio already includes a number of representative enterprises such as Unitree Robotics, Galbot, Xinghaitu, TowardPi Medical, Volant, and DEEP Robotics. Management has also previously disclosed that the funds under the company’s management have cumulatively invested more than RMB 2 billion in the robotics industry, completing over 40 transactions. As the valuations of leading projects continue to rise and exit timelines gradually progress, Shoucheng Holdings is expected to unlock profits in the future through fund distributions, management fees, and carried interest.

Taking Unitree Robotics, which has submitted a listing application, as an example, based on minimum post-offering dilution calculations, the value of the relevant equity stake held by the Beijing Robotics Fund has increased from approximately RMB 520 million to approximately RMB 1.55 billion, generating about RMB 1 billion in book value appreciation. This also reflects, from another angle, the return potential accumulated by Shoucheng Holdings through its forward-looking positioning in the robotics sector.

In addition to investment returns, another differentiated advantage of Shoucheng Holdings lies in its ability to combine industrial investment with asset operation capabilities. Leveraging managed scenarios such as parking facilities, industrial parks, and airports, the company can provide portfolio robotics companies with support in product display, testing, energy replenishment, operations and maintenance, and commercialization deployment, gradually forming a closed-loop model of “investment + scenarios + operations.” This not only helps improve the deployment efficiency of portfolio companies, but also has the potential to enhance the utilization efficiency and commercial conversion capability of the company’s assets.

In terms of shareholder returns, the company proposed a total dividend of HKD 780 million for 2025, corresponding to a dividend yield of approximately 5.6%. While continuing to increase its investment in robotics and embodied intelligence, Shoucheng Holdings has also demonstrated an operating profile that balances growth potential with shareholder returns.

HONG KONG, Mar 28, 2026 - (ACN Newswire) - When a Robotaxi enters a parking structure, what it needs is no longer just a parking space, but a full infrastructure system to support its operations - including energy replenishment, dispatching, maintenance, data connectivity, and a complete fully autonomous end-to-end operational capability. For that reason, the underlying logic of the traditional parking lot is being redefined: it is no longer merely a static space for vehicle storage, but is rapidly evolving into a critical node for the operation of future unmanned systems.

In its 2025 Annual Report, Shoucheng Holdings Limited (0697.HK) judged that parking lots will become the largest robot operating bases in the future. Zhao Tianyang, Chairman of the Board of Shoucheng Holdings, further explained the logic behind this view in the annual report: "What we see is not merely today's parking spaces, but the key nodes of future smart digital infrastructure." Based on this understanding, the role of the parking lot is changing - from a traditional supporting space for static transport to an infrastructure platform that supports robot operation, dispatch, and services.

To understand this transformation, the key is to grasp the fundamental difference between the traditional parking model and the "E Park" model. Under the traditional model, parking lot revenue mainly comes from parking fees, the core asset is parking space resources, the main customers are vehicle owners, and the operating logic is essentially the management of space and time, with relatively limited growth potential. Under the E Park model, however, the parking lot is no longer a single space-leasing asset, but is upgraded into an integrated service platform for Robotaxis, Robovans, and various types of robots.

This change is first reflected in the revenue structure. Revenue sources in the traditional parking business are relatively simple, whereas the E Park model can layer in multiple income streams, including dispatch service fees, charging or battery-swapping and custody fees, O&M and OTA service fees, advertising fees, and smart service integration fees, significantly broadening the boundaries of profitability. At the same time, the core assets of the parking lot are upgraded from mere parking space resources to a composite system of "site resources + energy-replenishment facilities + dispatching capabilities + robot access capabilities." In other words, the future value of a parking lot will no longer depend primarily on how many cars it accommodates, but on how deeply it can serve how many unmanned systems.

The customer structure is also changing in parallel. Traditional parking lots primarily serve end-user vehicle owners. Under the E Park model, however, the service base expands to a coexistence of To B, To C, and To Robot - serving autonomous driving operators, end users, and robot devices themselves, thereby forming a new infrastructure ecosystem. At the same time, parking lots designed for unmanned systems can enable 24-hour automatic docking and a fully unmanned closed loop throughout the process through dedicated lanes, space-efficient design, energy-replenishment facilities, and data interfaces, thereby improving space utilization and overall operational efficiency.

To turn this judgment into a replicable path in the real world, the key lies in validation and implementation in real scenarios. Shoucheng Holdings has chosen to begin with high-traffic, high-density transport hubs and core urban scenarios, promoting deep integration between robotic capabilities and parking assets. One landmark case is the introduction of the Hobbs W1 intelligent robot from Noetix Robotics at the Terminal 3 parking building of Beijing Capital International Airport, where technology was used to enhance both asset operating efficiency and passenger experience. Another example is Shoucheng Holdings' collaboration with its portfolio company Wisson Robotics to build the country's first automatic charging robot pop-up experience station in the underground parking lot at Chengdu IFS ICD, driving the parking lot's evolution from a single parking space into an intelligent operating scenario integrating parking and charging, and further validating the deep embedding of robotic technology into urban infrastructure.

From a broader macro perspective, the reason Shoucheng Holdings has been able to advance this path lies in its ownership of an asset base capable of accommodating new demand. As Robotaxis, Robovans, and embodied intelligent robots accelerate into urban scenarios, cities will require a large number of distributed nodes to undertake energy replenishment, dispatching, and maintenance functions. Compared with building new facilities from scratch, parking lots naturally possess advantages such as wide geographic distribution, well-developed spatial conditions, easy access to power supply, and clearly defined asset characteristics. They have therefore become the most practical and efficient carriers for this new demand.

Against this backdrop, Shoucheng Holdings' advantage in network-based deployment is being rapidly converted into real capability. The Company manages more than 100 parking lot projects nationwide, with a total area of several million square meters, covering core economic regions and providing a foundation for standardized retrofitting and large-scale replication. This means that its previously scattered static parking resources are now poised to be restructured into a multi-city, multi-node robot operating infrastructure network. At the same time, improvements at the operational level are also supporting this transition. In 2025, the Company's parking space turnover rate increased by 7.1%, its full-occupancy rate reached 55%, and innovative business revenue accounted for 20% of total revenue, demonstrating that through the application of AI technologies, refined operations, and expanding scenario applications, it is driving parking lots' transformation from traditional legacy assets into platform-based, growth-oriented assets.

Accordingly, for Shoucheng Holdings, the proposition that "parking lots will become the largest robot operating bases in the future" is no longer merely a forward-looking judgment. It is a practical path that is being continually validated and is expected to achieve replication at scale.

HONG KONG, Mar 27, 2026 - (ACN Newswire) - In the Hong Kong stock market, the key to consistently winning investor trust lies not just in periodic earnings growth, but in the ability to stably transform operating results into shareholder returns. According to the latest 2025 annual results report disclosed by Shoucheng Holdings (0697.HK), the company proposes a dividend of 780 million HKD, corresponding to an average annual market value dividend yield of approximately 5.6%. Looking at the long term, since its strategic transformation in 2018, the company has continuously advanced business transformation and structural optimization, leading to steady improvements in profitability and cash flow quality. It has maintained stable dividends for many consecutive years, with a cumulative dividend scale of approximately 6 billion HKD over eight years, shifting the investment logic from "growth expectations" toward "balancing both growth and returns".

It is noteworthy that this dividend does not rely on high leverage or short-term overdrafts; rather, it is a proactive return built on improved balance sheets, enhanced operating quality, and optimized cash flow. As of December 31, 2025, the company's bank balances and cash stood at 3.671 billion HKD, with total borrowings of 979 million HKD. The cash-to-interest-bearing debt coverage ratio is approximately 3.75 times, demonstrating strong dividend sustainability and a significant financial safety margin.

Over the past eight years, Shoucheng Holdings has gradually formed a smart infrastructure asset service system centered on parking asset management, industrial space management, REITs investment, and equity investment, constructing a composite model of "operational efficiency + asset management + capital circulation". Mature businesses such as parking and industrial parks continue to provide steady cash flow, serving as the practical foundation for the company's dividends. Meanwhile, REITs investments, the robotics ecosystem, and emerging industry funds further open up space for profit realization and valuation enhancement.

Among these, the robotics business is becoming a significant incremental driver of Shoucheng Holdings' long-term value. In recent years, the company has continuously refined its robotics layout around "investment + operations + ecosystem," systematically investing in several leading robotics enterprises. Through scenario integration, channel construction, and industrial services, it has pushed projects from technical verification to commercial implementation. As relevant companies accelerate financing, see valuation increases, or move toward IPOs, the robotics segment is expected to continuously strengthen the company's mid-to-long-term profit release and shareholder return capabilities.

Furthermore, in the latest Chairman's Statement, Chairman Zhao Tianyang explicitly expressed "gratitude" to investors and continued to emphasize "creating long-term value for investors". This statement is not merely a declaration of attitude but sends a clear signal: Shoucheng Holdings is placing shareholder returns and long-termism in a more prominent position. For the market, the significance of eight years of continuous dividends has long transcended a simple profit distribution; it serves as a more certain anchor of confidence for long-term capital amidst complex economic cycles.

HONG KONG, Mar 27, 2026 - (ACN Newswire) – 26 March, Unisound (09678.HK) announced its audited annual results for the year ended December 31, 2025. As the Company's first annual results announcement since listing, it underscores strong growth momentum and continued improvement in its financial profile.

Revenue Mix Continues to Improve, with Faster Growth in H2

For the full year of 2025, Unisound achieved total revenue of $175 million, representing a year-on-year (YoY) increase of 29%. Revenue in the second half of the year increased by 33% YoY to $117 million.

It is worth noting that the Company's large language model (LLM) business generated a full-year revenue of $88.43 million, surging by over 10 times YoY. In particular, this business contributed approximately $72.49 million in H2 revenue, five times the level recorded in H1, demonstrating a compelling capacity for large-scale commercial application.

Losses Narrowed Significantly, Making the Path to Profitability Increasingly Clear

Alongside the rapid revenue growth, the Company's losses improved markedly. In the second half of 2025, the Company's net loss narrowed by 84% YoY, and its adjusted loss narrowed by 92% YoY, approaching break-even. This reflects the Company's ongoing improvements in cost control and operational efficiency.

Simultaneously, some of the Company's operating metrics saw marked improvement. The adjusted expense ratio declined significantly by 10 percentage points YoY, while selling expenses decreased rather than increased and accounted for only 5.4%, highlighting a clear improvement in cost-to-efficiency ratio. In 2025, revenue per employee reached $365,300, up 25% YoY from $292,900 in 2024. Employee productivity continued to lead the industry, clearly underscoring the Company's core strengths in technology-driven, lean operations.

Dual-Engine Strategy Gains Traction, with AI in Healthcare and AI in Daily Life Advancing in Tandem

In 2025, driven by both technological breakthroughs and policy tailwinds, global demand for AI continued to rise. Unisound adhered to its "Strong Foundation Model + Deep Application" strategy, continued to strengthen its multimodal technology foundation, and drove the continuous elevation of the global influence of its proprietary large model matrix in fields such as healthcare, speech, and OCR.

On the commercialization front, the Company leveraged its AI-native organization to accelerate business execution, and its dual-engine strategy in AI in Healthcare and AI in Daily Life delivered notable results. During the reporting period:

The AI in Daily Life business achieved revenue of $140 million, a YoY increase of 30.8%. Among this, the Transportation segment recorded nearly 40% YoY growth. At present, AI agent applications based on the Shanhai large model have been deployed in more than 10 cities, including Qingdao, Ningbo, Shenzhen and Nanning. In addition, cumulative AI chip shipments exceeded 110 million units, further validating the Company's scale capabilities in endpoint AI products.

The AI in Healthcare business achieved revenue of $35.38 million, a YoY increase of 22.3%, with average revenue per customer growing by 53.2% YoY. In 2025, over 70% of the hospitals the Company collaborated with were tertiary hospitals, and more than one-third of customers had maintained continuous cooperation for over three years. The medical-record entry and generation products powered by the medical large model delivered a 10-fold YoY increase in full-annual medical record generation at a single campus of a leading Class III hospital. The commercial insurance AI agent platform recorded a 37-fold YoY increase in case processing volume. In deep cooperation with a leading insurance group, the expense control rate was effectively raised to approximately 20%, delivering more than $145 million in incremental cost management compared with traditional review methods, comprehensively empowering insurance institutions to refine their medical risk management operations.

Continued R&D Investment Strengthens the Technology Moat

To consolidate its industry-leading position, the Company continued to invest heavily in R&D in 2025. Full-year R&D expenses exceeded $55.09 million, accounting for 75% of the Company's adjusted operating expenses, while R&D personnel accounted for 69% of the total workforce. This sustained investment drove breakthroughs across multiple technology areas. For example, in the MedBench 4.0 evaluation, the Company ranked first place in three technical paradigms: "Medical AI Agent," "Medical Large Language Model," and "Medical Multimodal Large Model," earning a "Triple Crown."

Outlook: Deepening the Technological Foundation and Expanding Application Boundaries

Looking ahead, Unisound will continue to deepen its "Strong Foundation Model + Deep Application" strategy. On the technological front, the Company will continue to increase strategic investment in foundational large models and strive to maintain a world-class level. On the application front, it will use the large-scale expansion of MaaS (Model-as-a-Service) and AI agents as its core growth engine, driving exponential growth in its AI in Daily Life and AI in Healthcare businesses. Meanwhile, the Company is actively exploring the establishment of a recurring revenue system through models such as API calls and Token-based billing, and regards opportunities in consumer-facing (C-end) products as a second growth curve to further expand its commercialization boundaries.

Between Q2 and Q3 2026, Unisound will launch a native AI agent large model for programming and office applications, which is expected to double both intelligence density and token production efficiency.

FINANCIAL HIGHLIGHTS

HONG KONG, Mar 25, 2026 - (ACN Newswire) – Kingsoft Corporation Limited (“Kingsoft” or the “Company”; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its 2025 annual results and fourth quarter results for the period ended 31 December 2025.

For the year of 2025, the revenue of Kingsoft recorded RMB 9,682.9 million. Revenue from the office software and services, and online games and others represented 61% and 39% of the Company’s total revenue for the year 2025, respectively. Gross profit amounted to RMB 7,863.8 million. Profit attributable to owners of the parent increased 29% year-on-year to RMB 2,004.4 million.

For the fourth quarter of 2025, the Company’s revenue reached RMB 2,618.3 million. Revenue from the office software and services, and online games and others represented 67% and 33% of the Company’s total revenue for the fourth quarter of 2025, respectively. Gross profit for the fourth quarter of 2025 increased 10% quarter-on-quarter to RMB 2,147.7 million. The Company’s gross profit margin increased by two percentage points quarter-on-quarter to 82%. Profit attributable to owners of the parent increased 112% year-on-year to RMB 975.0 million.

Mr. Jun LEI, Chairman of the Company, commented: “In 2025, we remained committed to technology empowerment and focused on enhancing our core capabilities. Kingsoft Office Group continued to stay committed to its core strategy of 'AI, Collaboration, and Internationalization', deepened its presence in the AI office market, and developed future-oriented intelligent office products tailored to the full-scenario office needs of both individual and enterprise users. For the online games business, we further deepened our expertise in classic wuxia IP and actively expanded into diversified game categories and global markets.”

Mr. Tao ZOU, Chief Executive Officer of the Company, added, “In 2025, the Company's total revenue reached RMB 9,682.9 million, representing a year-on-year decrease of 6%. Of this, revenue from the office software and services business was RMB 5,928.7 million, up 16% year on year and maintaining steady growth. Revenue from the online games and others business amounted to RMB 3,754.1 million, down 28% year on year, primarily due to the high base last year and the decline in revenue from existing games. After release in early 2026, Goose Goose Duck has received positive market reception and has surpassed 30 million cumulative new users. This demonstrated our potential in expanding into new game genres and injected fresh growth momentum into the online games business.”

Business Review

Office Software and Services

In 2025, revenue from the office software and services business increased 16% year-on-year to RMB 5,928.7 million. Revenue from this segment in the fourth quarter of 2025 also grew 17% year-on-year to RMB 1,750.4 million. The WPS individual business, WPS 365 business, and WPS software business all delivered growth in 2025.

Kingsoft Office Group continues to advance its core strategy of "AI, Collaboration, and Internationalization". The Company is pursuing a dual-track approach, encompassing "Office AI Reconstruction and Upgrade" and "AI Office Native Exploration." On one hand, it is driving a comprehensive intelligent upgrade across its existing WPS component suite to reshape the full-scenario office experience. On the other hand, it is exploring an agent-native office paradigm, with its office AI agent "WPS Lingxi" evolving into an "all-around AI office companion," marking an entry into the era of office AI agents. WPS 365 has undergone a comprehensive AI-driven upgrade, establishing a multi-dimensional framework that spans technology infrastructure, collaboration systems, intelligent search, and digital employee ecosystems— comprehensively empowering enterprises in their digital and intelligent transformation while enhancing office collaboration and operational efficiency. The Company's international expansion is progressing steadily, with advancement of the international personal version of WPS product upgrades and overseas node deployment, and the international version of WPS 365 now offering globally integrated office capabilities.

For WPS individual business, the user base continued to expand steadily, with both domestic and international operations achieving quality growth. The number of WPS cloud documents in China surpassed 290 billion, reflecting sustained user engagement. The multi-platform product strategy yielded notable results. In overseas markets, the cumulative number of paying users grew substantially, with particularly strong growth among large-screen users.

For WPS 365 business, the Company continued to advance product and service upgrades guided by the core principles of integration, intelligence, and internationalization, launching industry-specific editions. The Company further consolidated its advantage among central and state-owned enterprises, while accelerating expansion into private enterprises, foreign-invested enterprises, and local state-owned enterprises, while also advancing channel ecosystem development to further enhance its market presence.

For WPS software business, the Company actively participated in domestic office software tenders from governments and enterprise clients, maintaining industry leadership in the flow-layout and fixed-layout document markets. Kingsoft continued to advance the implementation of government digitalization projects, support the development of digital platforms in multiple regions, and effectively empower the intelligent upgrading of government office operations.

Online Games and others

The online games and others business generated revenue of RMB 3,754.1 million in 2025, with fourth-quarter revenue amounting to RMB 867.9 million.

In the fourth quarter, the Company’s flagship PC game JX3 Online(剑网3) enhanced its costume design through technological upgrades, and its Chinese aesthetic style was widely praised by players. The version optimization and service upgrades completed at the end of 2025 have received positive market feedback, and we will further increase investment in gameplay and narrative experience. Our classic JX series PC games and its inherited mobile games like World of Sword: Origin, continued to iterate on content and versions, maintaining stable operations in both domestic and overseas markets.

Social deduction game Goose Goose Duck officially launched in January 2026. It recorded over 5 million new users on launch day, surpassed 30 million cumulative new users, and ranked No.1 on the iOS free chart for most of the past two months. Driven by word-of-mouth and organic traffic, it penetrated the broader social circle.

Two casual games from the Angry Birds series also received publishing licenses and are expected to launch in China in 2026, further enriching our casual games portfolio. 

Starsand Island, our cozy pastoral life simulation game began early access in February 2026. With its unique art style and gameplay, the game established a good reputation among core players worldwide. Going forward, we will actively optimize the game based on player feedback to lay a solid foundation for the official version launch in the second half of the year.

Mr. Jun LEI concluded, “Looking ahead, Kingsoft Office Group will deepen the application of AI agent technology across full-scenario office environments, strengthen the core competitiveness of WPS 365 as an intelligent collaboration platform, and accelerate the execution of its internationalization strategy. For online games business, we will continue to focus on premium content development and global publishing, sustain the vitality of classic IPs, and foster the growth of new game genres to achieve sustainable development. We will deepen technological innovation and commercial expansion, actively expand global market opportunities, and create long-term value for our shareholders.”

About Kingsoft Corporation Limited

Kingsoft (3888.HK) is a leading Chinese software and internet service company listed on the Hong Kong Stock Exchange. It has three main subsidiaries: Kingsoft Office, Seasun Holdings and Kingsoft Shiyou. With the implementation of the “transformation toward mobile internet” strategy, Kingsoft has completed a comprehensive transformation in its overall business and management model. The Company has established a strategic layout with office software and interactive entertainment as its pillars, and cloud services and artificial intelligence as its new starting points. Kingsoft has nearly 9,000 employees worldwide and holds a significant market share domestically. For more details, please refer to http://www.kingsoft.com.