Pingzhi information: the subsidiary selected 10.58 million yuan from the relevant procurement of the marketing department of China Mobile Guizhou company

Chinese Restaurant Brands Going Global: What Keeps Customers Coming Back After the Opening?

How long can the queues outside a brand’s first overseas store last? And how many customers drawn in by the novelty will become regulars? For Chinese restaurant brands expanding internationally, opening a store is only the beginning of the challenge of building a local business and retaining customers.

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.

Neolix Raises Nearly US$400 Million in Series E to Expand Autonomous Delivery Network

Neolix（新石器）announced on October 20 that it had completed a Series E financing round of nearly US$400 million, with proceeds earmarked for regional service hubs and autonomous-driving technology. The company says its global fleet now exceeds 30,000 Level 4 delivery vehicles, although overseas deployments remain at different stages of testing and commercial operation.

China Mobile Returns to A-share Market Planning to Issue 965 Mn Shares

The announcement shows that the funds raised by the telecommunication company will be used for projects such as 5G boutique network construction, new Cloud infrastructure construction, gigabit smart home construction, new-generation information technology research and development, digital intelligence ecology construction, and so on.

China Mobile Plans to Achieve Full-Coverage in All Chinese County-Level Cities

The communication giant is helping China's government build the largest 5G network in the world and is considering further 5G popularization.