Ruisheng Technology: the net profit attributable to the parent company in the third quarter was 183 million yuan, a year-on-year decrease of 57.4%

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.

Chinese auto giant Changan Automobile (长安汽车) unveils 2030 "1445" strategy, partnering with Chinese tech leader Desay SV (德赛西威) for global intelligence synergy

On April 21, Changan Automobile Group (长安汽车集团) held its Global Strategy Launch and Global Partners Conference in Chongqing, officially releasing its "1445" global strategy for 2030. The core vision of this strategy is to build a world-class automotive group with global core competitiveness.

Chinese tech giant Huawei and Vietnam’s SHB Bank enter strategic partnership to accelerate penetration into SE Asia's financial cloud market

On April 22, Saigon-Hanoi Commercial Joint Stock Bank (SHB) of Vietnam officially announced the signing of a strategic cooperation agreement with Chinese tech giant Huawei. Under the agreement, Huawei will be deeply involved in SHB’s technical architecture design, assisting in the construction of its core data platform and providing comprehensive operational stability and security assurance.

Chinese digital payment WeChat Pay integrates national QR codes in five Asian countries, entering a unified era of "scan-and-pay" cross-border payments

On April 21, the official WeChat Pay account announced that the national QR code payment systems of South Korea, Sri Lanka, Thailand, Malaysia, and Singapore have officially integrated with WeChat Pay. This development means that Chinese tourists visiting these countries no longer need to download local apps or manually exchange currency.

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.