China Renaissance CEO Bao Fan Officially Stepped Down
Bao Fan, the CEO of China Renaissance, has stepped down from his position after a year of cooperating with an ongoing investigation and being out of the public eye.
2/2/20243 min read
Tag: #China
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Sequoia China Stands Tall on Its Own as ‘HongShan’
The venture capital firm will be led by founder Neil Shen in China, and is one of two global units being separated from its U.S. counterpart to operate independently.
XPeng Aeroht Opens New Trial Production Factory
On July 25, He Xiaopeng, Chairman of XPeng Motors, announced on social media that XPeng Aeroht, an affiliate of XPeng, officially opened its new trial factory.
7/25/20222 min read
AI Company Mobvoi to Go Public in Hong Kong as Early as Q2
Mobvoi, an artificial intelligence company founded by Li Zhifei, a former Google scientist and senior natural language scientist, will reportedly submit its prospectus to the Hong Kong Stock Exchange in the second quarter.
Former Alibaba CEO Daniel Zhang Joins Firstred Capital
The former Chairman and CEO of Alibaba Group, is set to join Firstred Capital as a managing partner.
Blizzard Halts Game Services in China as Licenses With NetEase Expire
Blizzard Entertainment, a leading game developer and publisher based in California, announced on November 16 that it will be suspending most game services in mainland China due to the expiration of current licensing agreements with China's NetEase.
Former Apple Supplier OFilm's VP Is Under Police Surveillance
OFilm, a former Apple supplier and a manufacturer of camera modules, released a notice stating that Cai Gaoxiao, director and deputy general manager of the company, has resigned and is under residential surveillance by public security authorities.
Co-CEO of Alibaba-Backed IM Motors Comments on Recent Tesla Accident in China
Liu Tao, the co-CEO of Alibaba-backed IM Motors, commented on a recent fatal incident involving a Tesla vehicle in China. The executive believed that the Amercian EV maker had resorted to incredible excuses and even caused vehicle owners to monitor brake pedals with cameras.
He Xiaopeng Predicts that Robotaxi Will Reach A Turning Point in Two Years
XPeng Motors Chairman He Xiaopeng predicts that Robotaxi will reach a turning point in two years and suggests major car companies to transition to end-to-end technology.
Lenovo Responds to Headquarters Logo Being Painted as "Huawei"
Lenovo responded to headquarters logo being painted as Huawei: "Employees share funny picture for a laugh."
Drone regulations in the "Capital of Drones" Shenzhen wins applause
Local authorities across China began rolling out new drone regulations. Wu Xi, a southeastern city in Jiangsu province and Sichuan already had such regulations....
XPeng Adjusts Organizational Structure to Reverse the Downward Trend of Vehicle Sales
Chinese electric vehicle maker XPeng is adjusting its organizational structure. The restructuring started about a week ago and is still in progress. It is expected that new appointments will be announced in the next week.