Day: 2026年2月20日

HONG KONG, Feb 20, 2026 - (ACN Newswire via SeaPRwire.com) – The 2026 CCTV Spring Festival Gala concluded with a spectacular display that served as a global collective debut for China’s robotics industry. On a stage shared by millions, companies such as Unitree Robotics, Magic Atom Robotics, Galbot, and Songyan Dynamics showcased the peak of domestic engineering and embodied intelligence. All of these companies are either invested in or deeply positioned within the robotics portfolio of Shoucheng Holdings Limited (0697.HK).This showcase, described by industry observers as the "Chinese Embodied Intelligence Parade," signaled the industry’s imminent transition into large-scale commercialization. As a national-level flagship event, the Gala serves as a barometer of technological readiness. The simultaneous appearance of multiple portfolio companies highlights Shoucheng Holdings’ industrial standing and marks a strategic pivot from the validation stage to the harvest phase.Systematic Deployment: Building a Robust Industry-Chain StructureShoucheng Holdings’ investment logic extends beyond simply picking star startups. Instead, it has constructed a systematic framework covering the most critical nodes of the robotics industry chain:Full-Machine Manufacturing and Scalability: Represented by Unitree Robotics, focusing on engineering maturity and the capability for large-scale commercial production.Embodied Intelligence Systems: Represented by Galbot, focusing on the deep integration of AI and hardware—the brain-body coordination that defines the future of the industry.Core Engineering and Power Systems: Represented by Songyan Dynamics, diving deep into the underlying power systems and mechanical components that provide the foundation for all robotic movement.This multi-layered approach—covering Full Machine, Systems, and Components—provides the portfolio with both growth elasticity and structural stability against market volatility.2026 Inflection Point: Driving Value Re-ratingFrom a financial perspective, Shoucheng Holdings’ robotics returns are shifting from incremental growth to structural explosion, driven by two core catalysts:First Catalyst is Valuation Re-rating through Industrial Leadership: As robotics moves from laboratory concepts to real-world delivery, companies with proven execution are seeing significant valuation uplifts. The national-level endorsement of the Spring Festival Gala has solidified these companies' market-leader status, generating positive feedback in financing and orders. According to market data, projects such as Galbot and X Square Robotics have already generated absolute investment returns exceeding 10x in recent financing rounds.Second catalyst is The "IPO Harvest Year" of the Capital Cycle: 2026 is poised to be the year when Shoucheng’s long-term bets move into concentrated realization. Unitree Robotics is currently in the final stages of IPO counseling and is expected to become the flagship robotics IPO of China. Analysts estimate that approximately four robotics companies within the portfolio will launch or complete their IPO processes within the year. As these assets move from private to public markets, the pricing logic will shift from technological speculation to performance-driven liquidity premiums.Scenario Closed-Loop: Evolving into an "Industrial Orchestrator"Beyond capital deployment, Shoucheng Holdings’ most forward-looking move is the construction of a commercialization closed-loop. The company is leveraging its deep resources in core commercial districts, smart parking networks, and medical parks to provide high-frequency application scenarios for its portfolio companies.Global Debut of the Robotics Service ComplexIn February 2026, Shoucheng Holdings officially launched the world’s first Integrated Robotics Service Complex in Shougang Park. This facility integrates experience, sales, maintenance, and service, marking Shoucheng’s transition from a pure investor to a deep industrial operator and "scenario orchestrator."Scenario Empowerment through "Taozhu New Creation Hub"This commercial pathway is being accelerated through the Taozhu New Creation Hub brand. By creating a path from stage exposure to offline experience and livestream conversion, Shoucheng is turning high-tech innovations into tangible consumer products. This model allows the company to capture not only equity appreciation but also stable commission and service-based cash flows, shifting toward efficiency-driven growth.Shoucheng Holdings has evolved far beyond a traditional financial investor to become an Industrial Resource Integrator and Scenario Orchestrator. Through its Capital + Scenario + Platform model, the company has built a multi-dimensional return structure. As 2026 marks the first year of large-scale robotic commercialization, Shoucheng’s years of strategic accumulation are reaching a point of resonance, triggering a comprehensive re-rating of its market value. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Brisbane, Australia--(ACN Newswire via SeaPRwire.com - February 20, 2026) - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is delighted to announce a new partnership with Tickford Racing, bringing together two high-performance organisations to celebrate a shared obsession: turning small, hard-earned gains into potentially big competitive advantages. As part of this partnership, Tickford Racing, one of Australia's leading Supercars teams, will trial GMG liquid graphene products including G® LUBRICANT and THERMAL-XR® as detailed below, display the GMG logo on its race cars, promote GMG on its website and in social media and host track/pit customer events.This collaboration marks an exciting milestone for GMG as it showcases how graphene-enabled technologies can be explored in one of the most demanding and visible performance arenas in the world — top-tier Supercars racing. The partnership recognises motorsport as a stage where preparation, innovation and execution are publicly tested at pace, and where every marginal gain matters.Tickford Racing and GMG will celebrate this shared performance mindset through a "test, learn and scale" approach — starting with targeted trials, capturing real-world performance data, and building credible proof points that have the potential to extend beyond the circuit into everyday industrial applications.The GMG branding placement on the Supercar is shown below:Figure 1To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/284654_57c32bb984c859b2_001full.jpgFigure 2To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/284654_57c32bb984c859b2_002full.jpgFigure 3To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/284654_57c32bb984c859b2_003full.jpgInitial collaboration areas are expected to include:Operational efficiency trials across Tickford's workshop and event infrastructure (where applicable), targeting any measurable reliability and potential performance improvements that both teams can share with key stakeholders.A structured case-study pipeline that documents outcomes, learnings and potential real-world application pathways for GMG's customers and partners, highlighting results as they emerge.Content and storytelling that bring the excitement of elite motorsport together with advanced materials science.B2B engagement opportunities leveraging Tickford Racing's partner ecosystem and corporate network, creating celebratory moments for relationship building, collaboration and commercial introductions.Simon Brookhouse, CEO of Tickford Racing commented: "GMG's work sits at the intersection of advanced materials and real-world efficiency, and that's a space we're passionate about exploring. While this isn't about changing what's on the race car, it is about applying an elite performance mindset to trials, insights and outcomes that can translate into everyday industry. Teaming up with GMG is an exciting step for Tickford Racing, and we're looking forward to celebrating the innovations and results that come from this partnership."Craig Nicol, CEO & Managing Director of the Company, commented "Motorsport is the ultimate proving ground — everything is measured, everything is exposed, and performance is earned on the smallest margins. Partnering with Tickford Racing is a proud and exciting moment for GMG. They operate in a world where preparation, reliability and execution are non-negotiable, and that makes them an ideal partner to help us validate performance thinking in the real world. We're thrilled to join forces with a team known for innovation and outcomes under pressure and to celebrate the proof points we build together through our test—learn—scale approach in support of GMG's growth and customers."Jack Perkowski, Chairman & Non Executive Director of the Company, commented "Partnering with Tickford Racing is an exciting milestone in GMG's journey from advanced materials innovation to real-world commercialisation. As a board, we are focused on backing collaborations that can validate our technology in demanding environments and open doors to new industrial relationships. Tickford's high-performance culture, strong brand and deep connections across the automotive and industrial sectors make it an ideal partner to help showcase what GMG's graphene-enabled solutions can do, and to support our long-term growth ambitions."About Tickford RacingTickford Racing is one of Australia's leading Supercars teams, based in Melbourne, competing at the highest level of touring car competition and delivering an industry-leading platform across performance engineering, content and partner experience. More: https://tickfordracing.com.au/About GMGGMG is an Australian-based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via an in-house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, "tuneable" and low/no contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities and secure market applications. In the energy savings segment, GMG has initially focused on graphene-enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating), which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is a graphene lubricant additive focused on saving liquid fuels, initially for diesel engines.In the energy storage segment, GMG and The University of Queensland are working collaboratively, with financial support from the Australian Government, to progress R&D and commercialisation of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed at improving the performance of lithium-ion batteries.GMG's four critical business objectives are to:Produce graphene and improve/scale production and cell production processes.Build revenue from energy savings products.Develop next-generation battery technologies.Develop supply chain, partners and project execution capability.For further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company — craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas, Focus Communications Investor Relations — leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking StatementsThis news release includes certain statements and information that may constitute "forward-looking information" within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward-looking statements", are not historical facts and are made as of the date of this news release.Forward-looking statements in this news release include, but are not limited to, statements regarding: the partnership with Tickford Racing and the expected nature, scope, celebrations and outcomes of the collaboration; potential efficiency, reliability and performance improvements across Tickford's workshop and event infrastructure; the development of case studies and proof points and their potential relevance to GMG's customers and stakeholders; and the potential for the partnership to support GMG's growth and customers. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including, without limitation, assumptions regarding the Company's ability to successfully collaborate with Tickford Racing, to identify and execute relevant trials, to measure and interpret performance outcomes, and to translate any results into commercially relevant insights or offerings.Forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation, that trials with Tickford Racing do not proceed as currently contemplated or at all, do not yield the expected data or performance outcomes, or do not lead to commercially relevant insights; that GMG's products and technologies do not perform as expected in real-world conditions; and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated November 4, 2025, available on the Company's profile at www.sedarplus.ca.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are contained or incorporated by reference herein, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284654 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Feb 20, 2026 - (ACN Newswire via SeaPRwire.com) – Shoucheng Holdings Ltd. (0697.HK) said all outstanding convertible bonds have been fully converted into shares, marking the completion of a capital event affecting both shareholder structure and market liquidity.The conversion optimizes the company’s capital structure and releases trading liquidity. Early participants in the bonds have largely taken profits, removing a technical constraint on the company’s equity and prompting investors to reassess valuation as the firm advances its robotics-focused strategy.Convertible bonds, which combine debt and equity characteristics, were originally issued to raise long-term funding for the company’s robotics ecosystem while offering flexible exit options for investors. The conversion period coincided with a concentrated results phase for the portfolio: three invested companies — Unitree Robotics, Galbot and Songyan Dynamics — gained national attention during China’s 2026 Spring Festival Gala, providing visible validation of investment value.During the “Wu BOT” performance, Unitree Robotics’ humanoid robot formation executed complex movements including backflips and martial-arts stances, demonstrating advanced dynamic control capabilities. With 0.001-second servo response and millisecond-level synchronization, the robots completed continuous table-jump parkour and aerial flips. A proprietary dexterous hand enabled rapid prop switching. As a third-time participant in the broadcast, the company’s progress reflects Shoucheng’s early positioning in robot manufacturing.Songyan Dynamics made its first appearance, presenting consumer-oriented humanoid robots capable of lifelike eye movement, facial expression and breathing-like body motion. Positioned in the consumer segment, the company’s pricing strategy targets broader adoption, and the nationwide exposure is expected to accelerate retail demand.Galbot demonstrated embodied intelligence through real-time autonomous manipulation tasks including cracking walnuts, picking up glass fragments and folding clothes. Actions were driven by its AstraBrain model rather than pre-programmed sequences, illustrating practical deployment of embodied AI and highlighting Shoucheng’s positioning in core decision-making technology.Together, the three companies covered motion, interaction and intelligence capabilities, presenting a complete robotics ecosystem and reinforcing the company’s “capital + scenarios + industrial chain” investment model. The timing of the conversion alongside the technology showcase provided gains for bondholders and clarified the pathway for value realization.Liquidity Release and Shareholder Structure AdjustmentMarket performance suggests the conversion was driven by accumulated gains. Since issuance, the company’s share price rose alongside progress in hard-technology investments, particularly in 2025 as robotics commercialization accelerated. Bondholders realized profits through share conversion and subsequent selling, while some long-term institutional investors retained shares, forming a structure combining short-term exits and long-term holdings.Completion of the conversion removes potential selling pressure linked to convertible bond redemption. Newly issued shares have been largely absorbed, improving the shareholder base and trading flexibility. Capital raised through the conversion strengthens the balance sheet, supporting expansion of the Taozhu retail network, robotics investment and secondary development services.Shift Toward Fundamentals-Driven ValuationThe conversion occurs at a key development stage. Shoucheng has built a full-chain robotics investment matrix covering upstream materials, manufacturing and downstream application scenarios. The Taozhu network plans more than 20 locations nationwide by mid-2026, while secondary development and materials businesses expand simultaneously.With technical trading factors removed, investor focus is expected to return to fundamentals. Commercialization progress and earnings realization will become primary drivers of valuation.Analysts say completion of the conversion reflects coordination between capital operations and business development. Long-term funding supports participation in the robotics commercialization cycle, while liquidity release shifts valuation from a capital-structure-constrained model toward fundamentals-based pricing reflecting ecosystem growth potential.Industry ContextEmbodied intelligence has been incorporated into national industrial planning, and 2026 is widely regarded as the first year of large-scale scenario deployment. Shoucheng’s model combining capital, deployment scenarios and supply-chain positioning provides differentiated exposure to the sector’s growth.Market participants expect volatility to stabilize after technical pressure clears. Over the longer term, commercialization of portfolio companies, expansion of retail channels and scaling of secondary development services may support both earnings and valuation growth.Company representatives said completion of the conversion reflects market confidence and will allow continued investment in distribution channels, development services and materials. The company aims to strengthen its role as an integrated robotics ecosystem service provider and deliver long-term shareholder value. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Feb 20, 2026 - (ACN Newswire via SeaPRwire.com) – At the 2026 China Central Television Spring Festival Gala, the integration of technology and culture put humanoid robot group performances at center stage. Unitree Robotics, Galbot and Songyan Dynamics presented their core products together, generating widespread online discussion due to their technical demonstrations. All three embodied-intelligence companies are portfolio investments of Shoucheng Holdings (0697.HK), making the Hong Kong-listed firm the most directly associated listed company within the Gala robotics theme.The companies’ performance on a national platform not only demonstrated their technological capabilities but also validated Shoucheng Holdings’ strategy combining capital investment, real-world deployment scenarios and industrial-chain positioning.The Spring Festival Gala, watched by an estimated 1.4 billion viewers nationwide, applies strict selection standards to technology partners. Participants must demonstrate technical maturity, reliability and scenario customization capability. The inclusion of all three portfolio companies reflects their positions across algorithm intelligence, robot hardware and consumer deployment, forming a full value-chain layout with differentiated technical advantages.Unitree Robotics: Third Appearance Demonstrates High-Dynamic Motion LeadershipUnitree Robotics appeared at the Gala for the third time, taking a central role in the “WuBOT” segment. A formation of 16 humanoid robots performed complex martial-arts movements including backflips and horse stances, integrating robotics and traditional performance.Using proprietary high-concurrency cluster control systems and AI positioning algorithms, the robots achieved continuous table-jump parkour, aerial flips exceeding three meters in height and repeated single-leg flips, with millisecond-level synchronization accuracy. A newly developed dexterous hand enabled rapid prop changes and stable manipulation.These demonstrations reflect ongoing advances in core component development. The company’s self-developed harmonic reducer achieves transmission efficiency above 90% while reducing costs by about 40% compared with imported components, supporting scalable production.Shoucheng Holdings has supported Unitree through multiple funding rounds and by providing real-world testing environments in Shougang Park. In 2025, Unitree produced about 6,500 robots and shipped more than 5,500 units, with roughly 70% global market share in quadruped robots, establishing a leading position in domestic robot manufacturing.Galbot: Autonomous Decision-Making Demonstrates Embodied AIIf Unitree represents robotic motion capability, Galbot represents decision intelligence. As the Gala’s designated embodied-AI robot partner, Galbot appeared in a performance segment featuring real-time interaction. Its robot autonomously cracked walnuts, picked up glass fragments, folded clothes and assembled food items.All actions were generated through the embodied AI model AstraBrain, rather than pre-programmed sequences, demonstrating real-time environmental perception and decision-making. The company’s embodied handling model has been recognized among Beijing’s major artificial-intelligence achievements.Commercially, Galbot has established a closed loop from technology to product deployment. Its industrial embodied robot Galbot S1 has already entered production lines at major manufacturers including CATL. Since investing in 2024, Shoucheng has provided capital support and assisted the company in building a dual strategy targeting both industrial and consumer markets. The national exposure is expected to accelerate industrial orders and consumer adoption.Songyan Dynamics: Consumer-Level Interaction Targets Household ScenariosSongyan Dynamics made its first appearance at the Gala and was designated the exclusive biomimetic humanoid robotics partner. In a comedy segment, its consumer robots performed cartwheels, flips and running movements while displaying lifelike eye expressions, facial reactions and breathing-like body motion.Natural coordination of neck and arm movements during dialogue emphasized household companionship functions. The advancement stems from its self-developed low-cost servo motor technology, which reduces motor cost to roughly one-third of the industry average, supporting mass adoption.Shoucheng Holdings, the company’s largest external investor, led early financing in 2024 and promoted market expansion through livestream channels and offline retail networks. Pre-orders have risen in 2026, and national exposure is expected to further improve brand recognition in the consumer humanoid robot market.Integrated Ecosystem Validates Investment StrategyThe joint appearance of the three companies demonstrates Shoucheng’s ecosystem investment model. Unlike traditional financial investors, Shoucheng participates in portfolio development through funding, scenario deployment and industrial collaboration, forming an investment-empowerment-exit cycle.Through its robotics investment fund, the company provides long-term capital support. Public interviews indicate book returns exceeding four times over two years in robotics investments, with some projects surpassing tenfold returns.On the deployment side, Shoucheng provides real-world testing environments including industrial parks and large-scale parking infrastructure to accelerate iteration and optimization.Market ImplicationsCapital markets responded positively to the Gala exposure. Analysts say the national endorsement enhances brand recognition and strengthens Shoucheng’s positioning in the robotics sector. Accelerating commercialization among portfolio companies could bring tangible earnings growth, while a potential Unitree Robotics IPO may generate substantial equity gains.Shoucheng has invested in nearly 20 robotics industry companies, forming a complete ecosystem. As the sector expands, the scarcity and growth potential of its integrated layout may attract additional capital attention.OutlookShoucheng’s investment strategy focuses on early-stage identification, precise positioning and long-term participation across robot manufacturing, embodied intelligence and consumer deployment.The simultaneous appearance of three portfolio companies represents both a display of past investment results and the beginning of value realization. Expansion of the Taozhu retail network and development of additional channels are expected to support commercialization of more portfolio companies. Further progress in materials and secondary-development businesses may strengthen the company’s competitive positioning within the robotics supply chain. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

香港, 2026年2月20日 - (亚太商讯 via SeaPRwire.com) - 资本市场再迎重要信号，首程控股（0697.HK）公告披露旗下可转债已全部完成转股，标志著这一影响公司股权结构与市场流动性的重要事项正式收官。此次全额转股不仅实现了公司资本结构的优化升级，更带来了市场流动性的全面释放，前期参与转债的获利盘已顺利了结，为公司后续聚焦机器人硬科技生态布局扫清了资本层面的障碍，也推动市场对其估值进行重新审视。作为资本市场常见的融资工具，可转债兼具债性与股性，首程控股此前发行可转债的核心目的在于为其机器人产业生态布局募集长期资金，同时为投资者提供灵活的退出选择。公告显示，此次可转债转股价格与公司核心业务发展周期高度契合，转股期间恰逢首程控股机器人生态迎来密集收获期——三家被投企业宇树科技、银河通用、松延动力在2026年央视春晚的舞台上大放异彩，以硬核技术实力成为当晚最具话题度的科技亮点，为资本市场提供了最直观的价值验证。在《武BOT》节目中，宇树科技的人形机器人方阵以行云流水的后空翻、马步等高难度动作，向全球观众展示了中国机器人动态控制的顶尖水准。依托0.001秒级伺服回应与毫秒级集群同步技术，机器人完成了全球首次连续花式翻桌跑酷、弹射空翻等极限挑战，其自研灵巧手更实现了道具的快速更换，将科技与武术的融合推向新高度。作为第三次登上春晚的"老兵"，宇树科技的每一次突破都印证了首程控股在本体制造赛道的前瞻布局。首次亮相春晚的松延动力，则在小品《奶奶的最爱》中展现了机器人温情的一面。其小布米与小顽童N2两款产品凭借仿生交互设计，呈现出拟人化的眼神、面部表情，甚至身体呼吸般的自然起伏，让机器人不再是冰冷的机械，而是能与家庭产生情感连接的伙伴。作为首程控股在消费级赛道的核心落子，松延动力以万元级定价打破行业壁垒，此次春晚的国民级曝光，为其进一步打开C端市场注入了强劲动力。银河通用与沈腾、马丽共同演绎的《我最难忘的今宵》，则成为具身智能技术的最佳秀场。机器人"小盖"在舞台上即时自主完成盘核桃、捡玻璃碎片、叠衣服等一系列精细操作，所有动作均依托自研具身大模型"银河星脑AstraBrain"的自主决策，而非预设程式。这一能力印证了具身智能从实验室走向真实场景的可行性，也凸显了首程控股在"机器人大脑"核心环节的战略卡位。三家被投企业分工明确、各展所长，覆盖了从高动态运动、仿生交互到具身智能的全技术链条，不仅向亿万观众展现了中国机器人产业的完整生态，更让首程控股"资本+场景+产业链"的布局逻辑得到国家级舞台的背书。转股时点与这一科技盛事的高度契合，为可转债持有人提供了丰厚的获利空间，也让市场看到了公司生态价值兑现的清晰路径。从市场表现来看，此次可转债全额转股背后是显著的获利效应驱动。数据显示，首程控股可转债发行以来，公司股价伴随硬科技布局的持续落地稳步攀升，尤其是2025年以来，随著机器人产业政策红利释放与商业化进程加速，公司股价累计涨幅显著，可转债持有人通过转股后减持实现了可观收益。截至转股完成公告发布，前期参与转债的机构与个人投资者已基本完成获利了结，部分长期机构投资者则选择保留转股后的股份，看好公司长期发展潜力，形成了"短期获利退出 + 长期价值持有"的良性格局。全额转股的落地为市场带来了流动性的全面释放。此前受可转债转股潜在压力影响，公司股价存在一定的流动性约束，而随著全部转债完成转股，这一约束正式解除。转股新增股份经过前期获利盘消化后，市场筹码结构得到优化，筹码集中度趋于合理，为后续资金进出提供了更大空间。同时，转股资金的全额到位，进一步充实了公司的资本金，公司资产负债率得到优化，财务结构更趋稳健，为其后续陶朱新造局门店扩张、机器人产业投资、二次开发业务推进等核心战略的落地提供了坚实的资本支撑。值得注意的是，此次可转债全额转股恰逢首程控股业务发展的关键节点。当前公司已构建起覆盖机器人上游材料、中游整机制造、下游场景应用的全产业链投资矩阵，陶朱新造局计画2026年6月前在全国核心城市开设20+家门店，机器人二次开发业务与材料公司布局同步推进，业务发展势能持续提升。获利盘的顺利了结，意味著前期因转债转股预期带来的市场波动因素已消除，市场关注焦点将全面回归公司业务基本面，硬科技生态的商业化进展与业绩兑现能力将成为驱动股价的核心逻辑。市场分析人士指出，首程控股可转债全额转股的完成，是公司资本运作与业务发展协同推进的重要体现。一方面，转股资金为公司硬科技布局提供了长期稳定的资金支持，助力其在机器人产业商业化黄金周期抢占先机；另一方面，流动性释放与获利盘了结推动公司估值从"转债约束型"向"基本面驱动型"转变，估值逻辑将更聚焦于其机器人全生态布局的稀缺性与成长性。从行业背景来看，当前具身智能已纳入国家"十五五"规划重点方向，机器人产业正从实验室走向规模化落地，2026年被业内视为场景化交付元年。首程控股凭借"资本 + 场景 + 产业链"的生态赋能模式，已在机器人赛道建立起差异化竞争优势，此次可转债全额转股的落地，进一步理顺了公司资本与业务的协同关系，为其分享万亿级产业红利奠定了坚实基础。对于后续市场表现，多家机构表示看好首程控股的长期投资价值。随著获利盘了结与流动性释放，公司股价波动将更趋平稳，而陶朱新造局门店扩张带来的业绩增长、被投企业商业化落地带来的投资收益兑现、二次开发业务的规模化推进等核心催化剂，将持续为公司估值提供支撑。短期来看，市场或经历筹码消化后的企稳阶段，长期则有望伴随机器人产业的爆发实现估值与业绩的双重提升。首程控股相关负责人表示，此次可转债全额转股的顺利完成，离不开资本市场的认可与支持。公司将以此为契机，进一步聚焦机器人全生态综合服务商的战略目标，持续加大在管道建设、二次开发、材料布局等核心业务的投入，推动更多被投企业实现商业化落地，以扎实的业绩回报广大投资者。未来，公司将继续保持资本运作与业务发展的协同性，为股东创造长期稳定的投资价值。 Copyright 2026 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

香港, 2026年2月20日 - (亚太商讯 via SeaPRwire.com) - 央视总台马年春晚圆满落幕。在这场全球华人瞩目的文化盛宴上，人形机器人集群表演成为最具话题度的亮点之一。宇树科技、松延动力、银河通用、魔法原子四家企业携核心产品同台亮相，以硬核技术惊艳全球观众。值得一提的是，宇树科技、松延动力、银河通用这三家"春晚明星"的共同背后，站着同一位布局者 - 首程控股（00697.HK）。从资本布局到场景落地，从技术研发到国民级曝光，首程控股凭借对机器人赛道的前瞻押注，在马年春晚完成了一次教科书级的生态价值兑现，成为这场科技盛宴中当之无愧的最大赢家。三强同台，首程投资矩阵霸屏春晚舞台本届春晚的机器人表演，堪称中国人形机器人产业的"实力大阅兵"。作为官方认证的核心合作伙伴，宇树科技、松延动力、银河通用分别在高动态集群控制、消费级产品落地、具身大模型应用三大核心赛道，展现了中国硬科技的顶尖水准，而这恰好构成了首程控股机器人投资版图的关键支柱。三度登上春晚舞台的宇树科技，此次为《武BOT》节目提供人形机器人方阵，精准演绎后空翻、马步等高难度武术动作。依托自研高并发集群控制系统与AI融合定位算法，机器人实现了全球首次连续花式翻桌跑酷、弹射空翻、单脚连续空翻等多项突破，集群同步精度控制在毫秒级，再度刷新了全球人形机器人集群表演的技术标杆。松延动力作为首次亮相春晚的"新面孔"，荣获总台"仿生人形机器人独家合作伙伴"及"人形机器人合作伙伴"双重身份认证。在小品《奶奶的最爱》中，其小布米与小顽童N2两款万元级消费产品，不仅完成侧手翻、空翻、跑步等流畅动作，更展现出拟人眼神、面部神态，以及对话时颈部与手臂的自然配合，身体甚至呈现呼吸起伏的幅度，标志着国产人形机器人正加速走向家庭场景。银河通用则以"指定具身大模型机器人"身份完成春晚首秀，与沈腾、马丽共同演绎《我最难忘的今宵》。机器人"小盖"在舞台上实时自主完成盘核桃、捡玻璃碎片、叠衣服、串烤肠等一系列灵巧操作，所有动作均非预设程序，而是依托具身大模型"银河星脑AstraBrain"的自主决策能力，实时感知环境并作出响应，充分印证了具身智能技术"可实用、能落地"的产业价值。三家企业分工明确、各擅胜场，不仅向世界展示了中国机器人产业的完整生态，更让首程控股的投资眼光得到了最具说服力的验证。资本+场景+生态，首程赋能逻辑全面跑通如果说投资是发现价值，那么赋能就是创造价值。首程控股之所以能成为春晚背后的"最大赢家"，核心在于其并非单纯的财务投资者，而是通过"资本+场景+生态"的全链条战略，深度参与被投企业的成长与变现，这也是其区别于其他投资机构的核心竞争力。在资本层面，首程控股凭借对硬科技赛道的深刻理解，在宇树科技、松延动力、银河通用的成长关键期完成布局，为企业的技术研发与规模化扩张提供了坚实的资金支持。如今，三家企业均已成长为各自赛道的头部玩家，银河通用的具身大模型机器人已落地多地银河太空舱，松延动力实现消费级产品量产，宇树科技更是开启IPO进程，首程的投资价值正迎来全面爆发。在场景层面，首程控股近期落地的陶朱新造局机器人科技体验·销售·维保·服务综合体，为这些被投企业搭建了线下变现的核心渠道。作为"前店后厂"的商业新模式，是全球首家集机器人科技体验、销售、维保、服务于一体的全链条生态中心，今年将规划20家门店，成为宇树科技、松延动力、银河通用等企业产品触达C端消费者、承接B端定制需求的重要载体。春晚的国民级曝光，将与线下渠道形成强大协同，大幅缩短产品从"舞台爆款"到"市场爆款"的转化路径。在生态层面，首程控股通过整合资源，推动被投企业之间的协同合作。从春晚舞台上的技术互补，到线下场景中的产品联动，首程正逐步构建起一个"技术研发——场景应用——商业变现"的完整机器人生态闭环。这种生态化赋能，让每一家被投企业都能共享平台资源，形成1+1>2的协同效应。从春晚出圈到业绩兑现，首程成长曲线清晰可见正月初五迎财神，在这个寓意财富与机遇的日子里，首程控股的春晚"大秀"，不仅是其品牌影响力的一次跃升，更是其业绩增量确定性的一次重要释放。对于首程控股而言，三家被投企业的春晚亮相，具有双重价值。一方面，春晚作为全球最大的流量池，为被投企业带来了海量的品牌曝光，将直接推动其产品销量的增长，而被投企业的业绩提升，将通过股权收益、分红等方式，为投资者带来实实在在的财务回报。另一方面，此次集体亮相，充分验证了首程控股机器人投资战略的正确性与前瞻性。随着陶朱新造局的全国布局，以及被投企业技术的持续成熟，首程控股的机器人生态将从"投资布局期"全面进入"价值兑现期"。从硬科技投资到线下场景运营，从单一企业赋能到生态协同发展，首程控股正在走出一条独具特色的成长之路。春晚舞台上的高光时刻，只是其价值兑现的一个起点。未来，随着更多被投企业的崛起和线下渠道的完善，首程控股的业绩增长将迎来新的引擎，其在资本市场的价值也将得到更充分的体现。在马年新春，首程控股以一场惊艳的"科技秀"，向市场证明了其作为硬科技领域专业投资者的实力。随着机器人产业的加速爆发，这位春晚背后的"最大赢家"，正朝着更广阔的未来稳步前行。 Copyright 2026 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com