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Xpeng on Thursday announced its unaudited financial results for the second quarter of this year. The firm's total revenues were 3.761 billion yuan during the second quarter, representing an increase of 27.5% from the previous quarter.
A prospectus released recently by Chinese EV maker WM Motor has triggered hot debate in the country. The high pay received by Freeman Shen, the firm's Founder, Chairman and CEO, has drawn scrutiny amid declining company revenue and major losses.
Chinese conglomerate Fosun International Limited has stated that it officially notified Moody's on October 12 of its decision to terminate business engagement with the rating service, ceasing to provide relevant information on the firm effective from that day.
On Feb. 24, 2021, China’s leading video streaming platform Bilibili (NASDAQ: BILI) announced unaudited financial results for the fourth quarter of the year, as well as for the fiscal year ending on Dec. 31, 2020.
Chinese electric vehicle (EV) maker Nio Inc. posted better than expected first quarter results, despite being forced to halt production in late March due to the global semiconductor shortage.