Xiaomi shares in Tongyu Automotive Technology Co., Ltd

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.

Haier Breaks Ground on Thai Washing Machine Plant with US$150 Million First Phase

Haier Smart Home（海尔智家）broke ground on a washing machine factory in Thailand’s Rayong Province on October 26. The project has a planned total annual capacity of 3 million units, with US$150 million allocated to a first phase designed for 1 million units a year. Haier describes it as its largest overseas intelligent washing machine factory.

Lens Technology Reports AI Server Component Orders as Dongguan Capacity Enters Ramp-Up

Lens Technology（蓝思科技）said in an October 26 investor-relations disclosure that it had completed an expansion of AI server-related capacity at its Songshan Lake campus in Dongguan. The company said liquid-cooling modules, high-end precision cabinets and high-speed optical interconnect components had passed validation by leading North American computing companies and secured volume orders, with production entering the ramp-up stage.

DSBJ Sets Hong Kong Offer Price at HK$86.80 Ahead of Planned October 28 Listing

Suzhou Dongshan Precision Manufacturing Co., Ltd.（苏州东山精密制造股份有限公司）, known as DSBJ, disclosed a final Hong Kong offer price of HK$86.80 per share ahead of its scheduled October 28 main-board debut. The offering would give the Chinese electronics manufacturer an additional offshore financing channel as it expands its printed circuit board and optical communications businesses.

Jetour Signs MoU for Vehicle Assembly Project in Iraq’s Kurdistan Region

Jetour（捷途）, the SUV brand under Chery Group（奇瑞集团）, signed a memorandum of understanding with its Iraqi distributor Harlem Group（哈林集团）on October 25 to develop a knock-down vehicle assembly project in Zakho, in Iraq’s Kurdistan Region. The agreement sets out a proposed move from vehicle imports and distribution toward local assembly, although production capacity, investment value and a start-up timetable have not been disclosed.