JL Mag fortified by strategic status of rare earths in U.S.-China trade war
The state-owned maker of rare earth magnets reported strong profit growth in the first quarter, reversing two years of declines Key Takeaways: As a maker of rare earth magnets that…
Chenqi keeps racking up losses in congested China ride-hailing race
The shared economy platform bled more red ink last year, as its hyped robotaxi business fails to show any signs of breakthroughs Key Takeaways: Chenqi lost 564 million yuan in…
Lianhe Sowell launches listing into stock market storm
The machine vision company’s shares tumbled on their second trading day last Friday, as it searches for a formula to jumpstart its stalling growth Key Takeaways: Lianhe Sowell’s shares rose…
Pateo Connect revs up for IPO, belching widening losses and slumping margins
A mounting flow of red ink and external risks could turn off investors to one of China’s leading smart cockpit makers as it drives towards a Hong Kong listing Key…
Yunji rides robotics wave to Hong Kong IPO with A-list of backers
Digitization of China’s hospitality sector is boosting demand for related robots, providing fertile ground for the company’s products Key Takeaways: Yunji Technology has filed to list in Hong Kong, reporting…
Horizon’s lead grows in smart driving race with new product rollouts
The provider of advanced driver assistance systems (ADAS) and autonomous driving (AD) technology said its revenue rose 53.6% last year Key Takeaways: Horizon Robotics’ revenue rose 53.6% last year, as…
ECARX reports its first profit, expects added revenue from Volkswagen tie-up
The maker of digital cockpits used in smartcars reported its revenue rose 4% in the fourth quarter, as one of its main profit metrics turned positive for the first time…
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