On September 22nd, Faraday Future announced that the board of directors has appointed Matthias Aydt as the global CEO of FF.
On September 11th, Kaixin Auto announced that it has signed a non-binding letter of intent for acquisition with WM Motor.
NETA to invest $40 million in Hong Kong Science Park (HKSP) for new HQ and R&D.
SMIC and others surged over 5% at the opening due to the sudden release of Huawei Mate 60 Pro.
The DJI Automotive is seeking external financing, with an estimated valuation of up to $1.5 billion.
Baidu's Q2 saw revenue and profit growth, with Robin Li exploring generative AI and large language model opportunities.
DP Technology secures 100 million US dollars funding, advances AI for science.
Tencent's net profit in the second quarter increased by 33% year-on-year, and the usage time of video accounts nearly doubled.
Tencent Music Entertainment Group experiences a mix of joy and worry in Q2, with paid users reaching 99.4 million but social entertainment declining significantly.
The new energy intelligent heavy truck company ZERON has announced the completion of a ＄19 million Pre-A round of financing.
Missfresh secures $27 million in new financing, with stock price surging over 100%.
Mogo Auto, a company offering autonomous driving technology and operation services, has successfully raised 580 million yuan ($83 million) in C2 round financing.
GravityXR, a chip development company specializing in extended reality (XR) glasses, has completed a pre-A+ round of financing worth hundreds of millions of yuan.
Chinese millimeter-wave radar startup Sinpro announced that it has completed an A round of financing worth hundreds of millions of yuan. This round of financing was led by NIO Capital and Xiaomi's industrial investment affiliate.
Chinese intelligent chassis solution provider BIBO announced the completion of its Round A financing worth 200 million yuan ($29 million) on April 10.
DeepLang AI, an AI startup founded by a team from the Natural Language Processing Laboratory at Tsinghua University (THUNLP), has completed a new round of financing with a market valuation of approximately $100 million.
SENSilicon, a company that develops high-performance digital-analog hybrid and signal chain chips, announced on April 3 the completion of a round A financing worth 120 million yuan ($17 million).
Naturobot, an enterprise automation process platform to provide information for the management and performance improvement of enterprises, has received Pre-A2 round financing.
DeepWay, an intelligent truck manufacturer based in China, has secured over 1.2 billion yuan ($174 million) in funding after completing its A+ round financing of 770 million yuan ($117 million).
On March 23, Shanghai-based RISC-V chip technology startup StarFive announced that it had received an investment from Chinese search giant Baidu of an undisclosed amount.