SDIC power: plans to transfer 60% equity of Xinyuan China

ERP Provider Yonyou Is China’s Answer to SAP

Yonyou ranks first in the Chinese ERP market, while SAP is the fourth.

Axera’s ADAS Chip Enters Europe Through Leapmotor Electric Hatchback

Axera（爱芯元智）said on October 20 that its advanced driver-assistance chip had entered the European market in a new compact electric hatchback from Leapmotor（零跑汽车）. The deployment extends the Chinese chip designer’s overseas reach through an existing automotive customer rather than a separately announced supply agreement with a European automaker.

ZEEKR MAKES PARIS MOTOR SHOW DEBUT ON THE BACK OF 200% YEAR ON YEAR GROWTH IN EUROPE

The brand sets out its long-term commitment to Europe and expansion plans, and unveils the Zeekr 9X, its first luxury model, reflecting its New Class of Luxury vision, alongside the all-new Zeekr 7X, to European automotive audiences.

Runjian Signs US$200 Million Overseas AI Inference Contract, Keeping Computing Resources in China

Runjian（润建股份）disclosed on October 18 that its wholly owned subsidiary Wuxiang Yungu（五象云谷）had signed a one-year AI token services contract with an unidentified overseas company. The agreement includes a US$200 million minimum annual purchase commitment, equivalent to approximately CNY 1.338 billion, with computing resources hosted in China and services accessed remotely through an API.

Yonyou 1H 2020 Revenue Falls below CNY 3 Billion amid the Pandemic

... and its SaaS transition is adding more pressure to its operation.