Shaoneng Co., Ltd.: proposed to jointly contribute to the establishment of a new energy business project company with Dashun company

3Q 2020 Results: Banking Industry Meets Expectations

Chinese banks have been gradually recovering from the pandemic.

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 Proposes Export Restrictions on 23 AI Technologies, Keeps API Services Outside Large-Model Transfer Rules

China’s Ministry of Commerce and Ministry of Science and Technology published proposed additions to the country’s technology-export catalogue on October 16, covering 23 AI technologies. Accompanying guidance distinguishes transfers of restricted technology from services such as overseas API access, while a temporary registration requirement has already taken effect.

Scanning China's Micro-Financing Market by Replaying Minsheng’s History

The genesis of China's micro-financing market has experienced ups and downs over the last decade.

China Minsheng Bank Announces 1H 2020 Results: Revenue Up, Net Income Down

The bank's revenue rose by 11% and net income went down by 10% during the first half of 2020.