The net profit of Ruisheng technology in the first quarter is 532.1 million yuan, and the market forecast is 458.7 million yuan.

Apple and China: A Mutually Beneficial Relationship

In 2019, around 46% of Apple's suppliers were Chinese companies or China-based factories. Not only do Chinese firms rely on Apple's sizable orders, but Apple also sees benefits from the country’s high cost-efficiency and growing innovation.

Unpacking China | Key Chinese Firms to Watch This Week （02/08/2026-08/08/2026）

Amid fast-paced changes that fill the business community with excitement, angst and trepidation, EqualOcean will publish a series of roundup articles to document the major events related to Chinese companies going global every week.

Apple Reportedly Tests CXMT DRAM for China-Bound iPhones and Macs

Apple is reportedly testing DRAM chips made by ChangXin Memory Technologies (长鑫存储, CXMT) for possible use in iPhones and Mac computers sold in China, as the company looks for additional memory suppliers amid a global supply squeeze.

Amap Expands Chinese-Language Ride-Hailing to 47 Countries and More Than 1,000 Cities

Amap（高德地图）, Alibaba Group（阿里巴巴集团）’s mapping and navigation platform, has expanded its Chinese-language ride-hailing service to 47 countries and more than 1,000 cities, allowing Chinese travelers to book local rides without switching to unfamiliar overseas apps.

Xiaomi and OPPO Invest in Optics Tech of Apple Supplier AAC Technologies

AAC technologies, as one of the most comprehensive consumer electronics upstream suppliers in China, plays in the verticals of acoustic, precision processing, haptics and optics.