The concept of lithium extraction from salt lakes continued to strengthen

The Next Crossroad of SaaS: Vertical or Horizontal?

The SaaS (Software as a Service) industry has developed in China over nearly three decades. From horizontal SaaS formats to Vertical SaaS, great changes have taken place. Now the SaaS industry has entered a boom stage.

15 Chinese Companies to Watch in September 2022 – New Consumption

Editor's note: We at EqualOcean tracked the major funding rounds or industry events that took place in China's new consumption space in September 2022. And the following is a list of deals that we have selected for you, based on a number of criteria including the funding amount, the financial backers, and the segments in which the companies operate.

Fremont Micro Devices Raises CNY 500 Million from Pre-IPO Funding Round

Fremont Micro Devices is a high-tech enterprise focusing on developing non-volatile memory products and high-efficiency power management solutions. It officially announced the completion of a CNY 500 million (USD 70.3 million) Pre-IPO financing round, led by Huaxun Found.

Chip Company Witinmem Raises CNY 100 Million from Series B+ Funding Round

Witinmen Technology is a high-tech enterprise focusing on developing computing-in-memory chips and system solutions. It officially announced the completion of a CNY 100 million (USD 13.9 million) Series B+ financing round, led by Shenzhen Capital Group.

China Unicom to Step Down from NYSE in October

The action took effect in May this year after the board of directors decided to terminate the ADR, later issuing a notice to the ADR agency BNY Mellon.