SHOUCHENG (00697.HK): fund invests in Arctic Bear Chip, expanding AI infrastructure and domestic computing power layout

NewTimeSpace News: On 20 August 2026, Shoucheng Holdings Limited (stock code: 00697) announced in a voluntary announcement that a fund managed by a company under Shoucheng Capital within the Group (a wholly-owned subsidiary of the Company) has recently invested in Arctic Bear Chip Information Technology (Xi'an) Co., Ltd. The investment will effectively empower the invested company's core technology R&D and iteration upgrades, promoting the domestic substitution process in the field of full-scenario real-time inference.

According to the announcement, Arctic Bear Chip is committed to becoming an AI infrastructure service provider for large model applications, leveraging frontier technology systems including self-developed AI acceleration modules, chiplet and 3DDRAM designs to provide customers in large model inference application scenarios with overall solutions featuring low cost and short delivery cycles. The investment will inject strong development momentum into Arctic Bear Chip in key areas such as core product mass production delivery and technology iteration upgrades, helping it consolidate its core technology barriers and market competitive advantages.

The announcement states that the Group will continue to increase its investment layout in frontier technology, deepen strategic cooperation with quality enterprises in segmented industries, and, through capital empowerment and industrial synergy, align with China's AI infrastructure construction and domestic computing power ecosystem deployment trends, continuing to promote technological innovation and scaled implementation of domestic computing power solutions.

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