Co-Working Space Provider Ucommune Experienced Jaw-Dropping Losses
Founded in 2015, the Beijing-based Ucommune (优客工场) is a co-working space provider that creates a large-scale intelligent agile office ecosystem in China. Recently, the company released its second annual report, with net loss reaching CNY 2.163 billion.
Updated 14 hours ago
Hanvon Technology Launched New E-Reader to Stir Up China’s Paperless Market
Established in 1998, Hanvon technology (汉王科技） is a pioneer in China’s character recognition technology and intelligent interactive products. On May 10, the company has announced the launch of a new e-note device N10, featuring a 10.3-inch E ink display.
May 11, 2022 09:59 PM
Telecom Gear Maker CICT Mobile Passes Pre-Listing Review of STAR Market
Shanghai Stock Exchange showed that CICT Mobile Communication Technology passed the pre-listing review of the Sci-Tech Innovation Board, and the firm planned to raise CNY 4 billion (USD 595.114 million), the cumulative loss of the company from 2019 to 2021 exceeds CNY 4.5 billion.
May 11, 2022 06:56 PM