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.

Alibaba (阿里巴巴) and Tencent (腾讯) Earnings Reports Signal AI Expansion; Platform Enterprises Accelerate Global Layout

On May 13, Alibaba (阿里巴巴) and Tencent Holdings (腾讯控股) released their latest financial reports, with computing power and AI expansion becoming the primary focus of market attention. Simultaneously, JD.com (京东) and Pinduoduo (拼多多) are accelerating brand expansion in the cross-border e-commerce sector, while Meituan's (美团) international food delivery business continues to progress.

Zeekr 9X (极氪9X) to Expand Overseas in Q3, Entering Middle East, Central Asia, and European Markets as First Batch

According to the Q1 2026 earnings call held today by Geely Automobile (吉利汽车 / 0175.HK), the Zeekr 9X (极氪9X) model will officially launch its overseas layout in the third quarter of this year, with plans to gradually enter the Middle East, Central Asia, and European markets starting from September.

BYD (比亚迪) in Talks to Take Over Idle European Factories, Accelerating Localized EV Manufacturing

According to reports, BYD (比亚迪) is currently in negotiations with the Stellantis (斯特兰蒂斯) Group and several other European automakers, planning to take over idle automotive plants in regions such as Italy to utilize existing European production capacity for the advancement of localized electric vehicle (EV) manufacturing.

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.