Luxi Chemical: the net profit in 2021 is expected to increase by 452% - 464% year-on-year

Yuanpu Huang: Looking into China's Entrepreneurship and Innovation in 2023

On November 30, the boutique consulting firm AYO Innovation Consulting hosted the AYO 500FOR 500 ceremony in Shanghai to promote cooperation between multinational companies and the local startups. Yuanpu Huang, the founder and CEO of EqualOcean, delivered an inspiring speech with the theme of "China's Entrepreneurship and Innovation in 2023" and here we present the edited transcript.

Huazhu Group Q3 2022 Earnings: Turnover up 24.4% YOY

Jin Hui, CEO of H World commented: “Although we have been seeing COVID prevention measures gradually easing across China since early November, we remain cautious on the business recovery path in the near-term as there are still some of newly confirmed recent cases in many cities and provinces in China. Therefore, our near-term focus will remain on cost control and prudent capex spending to ensure the Company’s operational and cash flow safety.”

CanSemi Technology Bags Hundreds of Mn from Series B Financing

CanSemi Technology, a wafer manufacturer, recently announced it had bagged CNY several hundred million in Series B financing led by Guangzhou Tech Industry Fund.

Compound Photoelectric Semiconductor Designer GOODUN Bags CNY 50 Mn from Series A+

GOODUN(Chinese:固立得), a compound photoelectric semiconductor designer, completed Series A+ financing round worth CNY 50 million, led by Fumanxin Capital and Xintao Capital.

15 Companies to Watch in November 2022 – Technology

Editor's note: We at EqualOcean tracked the major funding rounds or industry events in China's technology space in November 2022. And the following is a list of deals we have selected for you based on several criteria, including the funding amount, the financial backers, and the segments in which the startups operate.