Ant Group has restructured its shareholder setup in January to align voting rights with economic interests, eliminating the potential for single or joint shareholder control.
Recently, ByteDance has made further adjustments to its salary and incentive policies. Many employees believe that this is actually a disguised 'pay cut'.
DJI released its first intelligent 3D model editing software called 'DJI Modify'. This software claims to be as simple as retouching photos for model editing.
Tesla CEO Elon Musk said that while it's challenging to legally introduce the Cybertruck on Chinese roads, the company could consider shipping some models for static display.
On January 11, 2024, Orienspace's "Gravity-1" rocket launched from Haiyang, Shandong, deploying three satellites and setting global records for solid rocket thrust and solid bundle launch vehicle design.
On January 8th, at the new product launch event this afternoon, the OPPO Find X7 Super Standard Edition smartphone was officially released from $563 to $704.
On January 5th, Wang Hua, the General Manager of Xiaomi's PR Department, stated that "until the official launch event of Xiaomi EV is over, all information and posters related to Xiaomi EV versions and prices are fake."
Chinese electric vehicle manufacturer NIO revealed on Monday that it has signed a share subscription agreement with CYVN Holdings L.L.C.,. Under this agreement, CYVN will make a total cash investment of US$2.2 billion in NIO.
On December 6th, XPeng Motors announced that Volkswagen's investment in XPeng has been completed, with a subscription amount of approximately $705.6 million.
Chinese EV maker, Li Auto, is planning to expand its operations overseas next year, targeting initial markets in the Middle East and possible North African countries, according to multiple sources.
Recently, Grace Tao, Vice President of Tesla Global, emphasized the importance of the Chinese supply chain for Tesla's development in an interview with the media.
Chinese fast-fashion e-commerce platform, Shein, has reportedly submitted an application to the U.S. Securities and Exchange Commission in secret, to prepare for a U.S. listing. It will be one of the largest IPOs in the U.S. securities market in recent years.
