China's steel enterprises profits 207.4 billion yuan in 2020, with YoY increase of 6.59%
Preliminary statistics show that in 2020, the sales revenue of key iron and steel enterprises was 470.3 billion yuan, a year-on-year increase of 10.86%; total profits were 207.4 billion yuan, a year-on-year increase of 6.59%; average sales profit...
Cylindrical lithium batteries raised prices amid increasing shipment volumes
Tenpower raises prices of cylindrical lithium batteries amid increasing shipment volumes
Xbed Xi Hotel receives RMB100 million in financing
Recently, Xbed Xi Hotel, a brand of Xbed Technology, announced that it has received a strategic investment of 100 million yuan.
Bytedance tests new customer credit product Fangxinhua
ByteDance has launched a new financial lending product in Douyin, following the launch of Fangxinjie, Manfen, and Beiyongjin.
Memoray completes tens of millions of yuan in Series B financing
Memoray has recently completed a Series B financing of tens of millions of RMB. This round of financing was jointly invested by Zeyu Capital, Suzhou Proxima Ventures, and Tibet Ruishang Venture Capital. This is a new round of financing after the...
JD Health and AstraZeneca start strategic cooperation
On November 17, JD Health and AstraZeneca, the world's leading multinational pharmaceutical company, reached a strategic cooperation.
Tesla opens largest V3 overcharge station in North China
It is said that by the end of 2020, Tesla will build nearly 650 super charging stations, more than 5,000 super charging piles, and more than 2,000 destination charging piles in China, covering more than 270 major cities and inter-city connections...
Sier Education closes multi-mln-dollar Pre-A led by Qiming Venture Partners
Sier Education, a financial education brand, recently announced the completion of its Pre-A round financing that was led by Qiming Venture Partners and followed by some returm investors. Sier Education has raised millions of US dollars in this round.
Lei Jun: Xiaomi to start the second-phase construction of its smart factory
Lei Jun, founder and president of Xiaomi Technology, revealed that Xiaomi had planned to start the second-phase construction of its high-end mobile phone smart factory in Beijing Economic and Technological Development Zone, at the 2020 Zhongguancun...
Eugenlight Technologies closes Series A of RMB tens of millions
Eugenlight Technologies, an optical component company focusing on high-speed optoelectronic integrated packaging and light engine technology, recently announced that it had completed its Series A round of financing worth tens of millions of yuan.
BPassword closes angel round led by Eagle Fund
BPassword, a password management tool based on blockchain technology, recently announced the completion of its angel round of financing led by the well-known investment institution Eagle Fund and followed by Linkmass Technology.
Microtera Semiconductor closes Series A with RMB tens of millions
Microtera Semiconductor, headquartered in Guangzhou Science City, has completed its Series A round of financing recently, raising tens of millions of yuan. The investment was jointly led by Microtera Semiconductor’s two original shareholders, namely...
Vertex Ventures completes new fund raising of RMB three bln
Vertex Ventures announced on September 8 that it had completed the fundraising of an RMB fund with a total scale of 3 billion yuan, adding which the total size of funds managed by Vertex Ventures’ China Fund reaches more than 10 billion yuan.
Sinopec establishes its first fund with RMB five bln
Enze Fund, initiated by Sinopec Group Capital, has recently completed its industrial and commercial registration, marking the establishment of Sinopec’s first fund. According to the person in charge, the total capital scale of Enze Fund has reached...
Baidu Huangpu Academy has cultivated 135 chief AI architects
On September 6, Huangpu Academy, which was jointly founded by Baidu and the National Engineering Laboratory for Deep Learning Technology and Application, held the 3rd graduation ceremony in Beijing, with 65 students graduating. The academy is...