Xiaomi Vice President Fired For “Obscenity”
On May 23, Chinese smartphone maker Xiaomi fired its vice president Wang Lingming for violating the article 44 of China’s public safety law.
5/24/20191 min read
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Revenue From CATL's Power Battery Systems Up 132% in 2021
On Thursday, Chinese battery giant CATL released its 2021 annual report. Its operating income reached 130.356 billion yuan ($20.1 billion) in 2021, a year-on-year increase of 159.06%.
4/22/20223 min read
Kuaishou Wins Exclusive Partnership With 2020 Spring Festival Gala
Kuaishou has established an exclusive interactive partnership with CCTV’s annual New Year’s Gala, according to Chinese media LatePost.
Tencent Responds to the Collective Server Crash of Popular Games in the Early Morning
On the early morning of January 12th, multiple popular game servers under Tencent experienced issues simultaneously, resulting in a large number of online players being disconnected.
1/12/20242 min read
Geely Releases Second Hybrid Model
The Geely Emgrand L Hi • X compact sedan was officially unveiled on Thursday. This is Geely's second hybrid model and also the first with the 1.5 TD-3DHT Leishen system.
4/15/20222 min read
ByteDance Denies Collaborating with Nubia to Develop AI Smartphones
ByteDance responds to "Collaborating with Nubia to develop AI smartphones": The information is not true, and there are no related plans.
1/3/20251 min read
Beijing to Use Winter Olympics as Global Launchpad for Digital Yuan
China's digital yuan is set to undergo a closely watched pilot run at this year's Winter Olympics.
1/8/20225 min read
Huawei May License 5G Tech Exclusively to a US Firm
Chinese tech giant Huawei is willing to license its 5G technology to a western company, hopefully a U.S. company, said Huawei CEO Ren Zhengfei at a panel on September 26.
Chinese E-cigarette Company RELX Debuts on NYSE, Market Value Reaches $45.8B
Chinese e-cigarette company RELX Technology on Jan. 22 was officially listed on the New York Stock Exchange (NYSE) under the symbol “RLX”, becoming the first Chinese e-cigarette brand to start public trading.
1/25/20213 min read
Coffee Brand Seesaw Coffee Completes A++ Round Financing
Seesaw Coffee has completed an A++ round financing worth several hundred million yuan. This round of financing was led by BA Capital and followed by Costone Capital.
2/28/20223 min read
Lei Jun Withdraws From Xiaomi Technology (Wuhan) Co., Ltd.
According to Tianyancha App, Xiaomi Technology (Wuhan) Co., Ltd. has changed its legal representative from Lei Jun to Zeng Xuezhong on Monday.
12/7/20212 min read
Geely Unveils Plan for Launch of New Cars in 2023
Chinese automaker Geely will launch new cars every month this year, more than 90% of which will be new energy vehicles, with the main goal of increasing the firm's market share.
1/19/20233 min read