Hong Kong stocks Apple concept plate fell, Gaowei electronics fell nearly 8%

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 （13/09/2026-19/09/2026）

X  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.

From Chinese Champions to Global Players

Toyota’s success in Europe came not from one decision or a copied Japanese model, but from six decades of local adaptation—from imports and product development to French manufacturing, hybrid transformation and ecosystem integration. For Chinese companies, entry is only the start: true globalization turns local experience into organizational capability.

Shenling Signs US$415 Million Overseas Cooling Equipment Agreement, Expanding International Business

Guangdong Shenling Environmental Systems Co., Ltd.（Shenling，申菱环境）signed a US$414.64 million supply agreement with an undisclosed overseas customer on September 16, according to a disclosure reported the following morning. The air-conditioning and refrigeration equipment contract, excluding tax, is equivalent to approximately CNY2.78 billion and represents a substantial addition to the Foshan-based manufacturer’s overseas business.

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.