Gu Gang of HNA Group: 4 bankruptcy meeting processes of RMB 2 trillion declaration of creditor's rights have been successfully completed, waiting for the ruling

Beyond Capital: Why Europe Needs Industrial Partners, Not Just Investors

Europe’s reindustrialization is creating new opportunities for Chinese companies. However, the winners will not necessarily be those seeking quick acquisitions or rapid market access. The real opportunities belong to companies capable of embedding themselves into Europe’s industrial ecosystem and supporting the long-term transformation of local industries.

Shanghai Electric Wins Malaysia’s 500MW Samalaju Project, Advancing Gas Turbine Exports

Shanghai Electric（上海电气）said on September 8 that it had won the bid for Unit 3 of the Samalaju combined-cycle gas power project in Sarawak, Malaysia. The 500MW-class unit will use a gas turbine manufactured by the Chinese group, which described the award as paving the way for its first overseas application of such equipment.

Zhipu AI’s H1 Revenue Jumps Nearly 400% as API Business Takes 86.5% of Sales

Zhipu AI（智谱）reported first-half 2026 revenue of CNY 953.9 million, up 399.7% year on year and already above its CNY 724 million full-year revenue for 2025. The result was driven by its cloud-based open platform and API business, which generated CNY 825.2 million, up 2,735.7%, and accounted for 86.5% of total revenue.

From Paris to Shanghai: The Same Project, Two Different Views of Time

In Europe-China industrial cooperation, misunderstandings often start with time. Chinese companies may see European decision-making as slow. European companies may see Chinese execution as rushed. Yet very often, neither side is wrong. They are responding rationally to different ecosystems, different levels of system interdependence and different views of risk.

Chinese Quantum Software Startup Entropy Function Raises Angel Funding for Classical Quantum-Simulation Platform

Entropy Function（熵函数）, a Shenzhen-based quantum-computing software startup, has completed an angel round worth tens of millions of yuan led by GSR Ventures（金沙江创投）, with participation from several other investors. The company said the proceeds will fund its quantum-computing platform, hiring and services for research and industrial users.