Qingshan Paper: net profit of 154 million yuan in the first three quarters

Chinese Restaurant Brands Going Global: What Keeps Customers Coming Back After the Opening?

How long can the queues outside a brand’s first overseas store last? And how many customers drawn in by the novelty will become regulars? For Chinese restaurant brands expanding internationally, opening a store is only the beginning of the challenge of building a local business and retaining customers.

Jiuri New Materials and Partners Plan Acquisition of Dutch Photoinitiator Business IGM

Jiuri New Materials（久日新材）said on November 10 that it and six co-investors plan to acquire the Dutch holding company behind photoinitiator producer IGM Resins. The transaction has an estimated total purchase price of approximately EUR 251 million, including refinancing and deferred consideration.

Cambridge Industries Group Plans Optical Module Capacity Expansion Across Four Countries

Cambridge Industries Group（剑桥科技）, or CIG, reaffirmed plans to add at least 10 million units of annual high-speed optical module capacity by the end of 2027. The expanded capacity will be allocated across production sites in China, Malaysia, Mexico and the United States.

Vital Optics Unit Signs InP Substrate Supply Letter of Intent with Coherent

Vital Optics（光智科技）said on November 6 that its controlling subsidiary Guangdong Xianrui Technology（广东先锐科技）had signed a long-term supply letter of intent with Coherent Corp.（高意）. The proposed supply of six-inch indium phosphide substrates from 2027 to 2029 has an estimated transaction value of no less than USD 601 million.

ByteDance Considers Second Phase of Brazil Data Centre Project

ByteDance（字节跳动）is seeking a developer for a potential second phase of its data centre project at the Port of Pecém in Brazil’s Ceará state, Bloomberg reported on November 6, citing people familiar with the plans. The proposed expansion remains under discussion.