Whispers of an IPO had been circulating since 2023, when the company was still known as Lingshi Henmang. That August, it ...

As growth slows, Meituan is counting on its unified membership program to deepen user engagement across its ecosystem.

Huawei officially introduced a new artificial intelligence deployment framework for the manufacturing sector on April 28, ...

A key milestone is Konka’s progress in red micro LED chips. It has refined vapor deposition, activation, and bonding processes, reportedly reaching a 98% bonding yield rate. That indicative ...

At the model layer, Terminus has developed industry-specific AIoT domain models built atop the DeepSeek platform. This tech stack links AI systems and applications across modalities, enabling vertical ...

Anker Innovations posted RMB 247.1 billion in full-year 2024 revenue, up 41.1% YoY, with net profit at RMB 21.1 billion. In Q1 2025, revenue rose 36.9% to RMB 59.3 billion. R&D spending for 2024 hit ...

Alibaba has released and open-sourced eight new Qwen3 “hybrid inference models.” These include two MoE models—Qwen3-235B-A22B and Qwen3-30B-A3B—and six dense models ranging from Qwen3-32B to ...

Konka Group posted a 141.8% jump in Q1 2025 profit to RMB 258 million, driven by tighter integration of its electronics and semiconductor arms. Advances in micro LED chips, storage controllers, and AI ...

China’s largest budget snack chain, Mingming Henmang, filed for a Hong Kong IPO after surpassing 14,000 stores nationwide. Formed from a 2023 merger, it generated RMB 555 billion in 2024 sales but ...

Pop Mart’s overseas revenue rose around 475% YoY in Q1 2025, driven by growth in the Americas and Europe. Demand surged with the release of the Labubu 3.0 series, sparking queues from Los Angeles to ...

Midea Group reported RMB 128.4 billion in Q1 2025 revenue, up 20.6% YoY, with net profit rising 41.1% to RMB 12.75 billion. The growth was driven by B2B momentum and overseas sales, with industrial ...

Singapore-based Co-Axis has secured SGD 1.25 million in catalytic capital from the Richardson Family and Temasek Trust’s Catalytic Capital for Climate and Health (C3H) to co-finance early-stage ...