Ankai bus: from January to may, the cumulative sales volume was 1009, a year-on-year decrease of 10.79%

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.

DYU Raises Nearly CNY 100 Million in Pre-B Round to Expand Overseas Retail and Smart-Mobility Products

DYU（大鱼智行）, a Chinese electric-bike and smart light-mobility company, announced on September 10 that it had completed a Pre-B funding round of nearly CNY 100 million. Tongxin Capital（同鑫资本）led the round, with several other institutional investors participating. The proceeds will support product development, AI capabilities, international brand building and supply-chain improvements.

Anjoy Foods Plans USD 74.25 Million Indonesia Joint Venture to Expand Local Production

Anjoy Foods Group（安井食品）has approved a joint venture to establish food production and sales operations in Indonesia, with the two partners committing combined cash contributions of at least USD 74.25 million. The board approved the proposal on September 9, according to a company announcement dated September 10.

Shanghai Electric Wins Malaysia’s 500MW Samalaju Project, Advancing Gas Turbine Exports

Shanghai Electric（上海电气）said on September 8 that it had won the bid for Unit 3 of the Samalaju combined-cycle gas power project in Sarawak, Malaysia. The 500MW-class unit will use a gas turbine manufactured by the Chinese group, which described the award as paving the way for its first overseas application of such equipment.

Wingtech Technology Is Building 12-Inch Semiconductor Wafer Factory

The new 12-Inch factory will generate CNY 3.3 billion revenue per year for the large semiconductor manufacturer.