Electronic ID card stocks opened stronger, and Nanwei software rose by the limit

Beyond Capital: Why Europe Needs Industrial Partners, Not Just Investors

Europe’s reindustrialization is creating new opportunities for Chinese companies. However, the winners will not necessarily be those seeking quick acquisitions or rapid market access. The real opportunities belong to companies capable of embedding themselves into Europe’s industrial ecosystem and supporting the long-term transformation of local industries.

Chixin Semiconductor Reports Exclusive UWB Supply Win for Samsung’s Galaxy SmartTag3

Chixin Semiconductor（驰芯半导体）, a Changsha-based chip designer, has secured exclusive supply of the ultra-wideband chip for Samsung’s（三星）Galaxy SmartTag3, according to an October 18 report based on an interview with founder and chairman Jing Zhenhai. The reported selection gives the Chinese supplier a place in an international consumer-electronics product, although shipment volumes and contract value were not disclosed.

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.

China Southern Airlines Plans to Establish an Independent Cargo Airlines Subsidiary

CAAC has approved the new cargo subsidiary of China Southern Airlines, and the new subsidiary will join the Southern Air Cargo Logistics company.

Bad Quarter for Leading Chinese Airlines – China Southern Alone Shows Profits for Q3 2020

The three major China airlines have notified investors that the financial performance of the whole year 2020 may be seriously affected by the spread of COVID-19. Only China Southern had a positive update to share.