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Chinese tech firm Cemt Co., Ltd. received nearly 200 million yuan ($31.39 million) in a B round of financing, with investors including Oriza Prior, CCB Trust and Moom Group.
During the late hours of October 7, Huawei released an internal message stating that Ryan Ding, Deputy Chairman of the firm's supervisory board, had died early that morning at the age of 53 due to a sudden illness.
Chinese streaming platform Ximalaya requested to withdraw its initial public offering (IPO) plan in the U.S. on Friday, after applying for a listing in the country in April earlier this year.
In last week’s VC news, China’s largest 3D printing service provider Wenext raises $55 million in a Series B round, cloud-gaming platform Well-link completes $62.78 million in its own Series B round, and more.
Wuhan-based firm Silicon Integrated, a provider of high-performance intelligent audio and optical solutions, has completed a round D of financing worth several hundred million yuan.
Shanghai-based chip firm Biren Technology held the Biren Explore Summit 2022 on August 9, during which it formally released its first general-purpose GPU chip series: the BR100.
Ambilight Inc, an electrochromic technology developer, announced on Thursday that it had completed a C-round of financing worth hundreds of millions of dollars led by Huaping Investment.
Chinese food delivery service platform Ele.me has recently piloted smart helmets in Shanghai and other Chinese cities, and plans to deploy over 100,000 helmets nationwide this year.
On July 27, Hangzhou-based Luntek Technology announced its completion of round-C financing, led by Addor Capital.
Guangzhi Cao, a former Tesla engineer and former Head of Perception at XPeng Motors, who was involved in allegations of commercial theft, has joined Pegasus, a Chinese automated driving startup.
DJI, a Shenzhen-based drone company, launched a new compact DJI Mic wireless microphone system for the mainland Chinese market on December 22, for a price tag of 1,499 yuan ($215).
At a regular press conference on March 16, China's Foreign Ministry Spokesperson Wang Wenbin responded to a question about TikTok.