Yilian network: Yilian network plans to reduce its holdings of no more than 2.2 million shares

Chassis Supply Chain's "iPhone Moment": China's Tier 1 Shift as LeeKr Emerges

Over the past decade, China's electric vehicle (EV) industry has evolved from a niche experiment into a leading force in the global automotive landscape. In the first ten months of 2025, China exported over 2 million EVs, nearly double the year-earlier figure. From European city streets to Southeast Asian highways and Latin American urban centers, Chinese EVs have emerged as one of the most prominent symbols of a new era of “Made in China.”

Chery Group Surpasses 7 Million Cumulative Vehicle Exports, a First for Chinese Automakers

Chery Group（奇瑞集团）exported 196,984 vehicles in August, up 52.1% year on year, taking its cumulative vehicle exports beyond 7 million units. The company said it is the first Chinese automaker to pass that threshold.

Zhipu AI’s H1 Revenue Jumps Nearly 400% as API Business Takes 86.5% of Sales

Zhipu AI（智谱）reported first-half 2026 revenue of CNY 953.9 million, up 399.7% year on year and already above its CNY 724 million full-year revenue for 2025. The result was driven by its cloud-based open platform and API business, which generated CNY 825.2 million, up 2,735.7%, and accounted for 86.5% of total revenue.

BYD’s Overseas Revenue Tops China Revenue for the First Time

BYD（比亚迪）reported CNY 181.27 billion in revenue outside China in the first half of 2026, exceeding its CNY 163.55 billion of revenue from China, including Hong Kong, Macao and Taiwan. Overseas revenue represented 52.57% of group revenue, the first time it has surpassed the China figure on BYD’s geographical reporting basis.

Chinese Quantum Software Startup Entropy Function Raises Angel Funding for Classical Quantum-Simulation Platform

Entropy Function（熵函数）, a Shenzhen-based quantum-computing software startup, has completed an angel round worth tens of millions of yuan led by GSR Ventures（金沙江创投）, with participation from several other investors. The company said the proceeds will fund its quantum-computing platform, hiring and services for research and industrial users.