Zelos Raises USD 100 Million in Series B4 Round, Led by Ant Group

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.

From Chinese Champions to Global Players

Toyota’s success in Europe came not from one decision or a copied Japanese model, but from six decades of local adaptation—from imports and product development to French manufacturing, hybrid transformation and ecosystem integration. For Chinese companies, entry is only the start: true globalization turns local experience into organizational capability.

Shenling Signs US$415 Million Overseas Cooling Equipment Agreement, Expanding International Business

Guangdong Shenling Environmental Systems Co., Ltd.（Shenling，申菱环境）signed a US$414.64 million supply agreement with an undisclosed overseas customer on September 16, according to a disclosure reported the following morning. The air-conditioning and refrigeration equipment contract, excluding tax, is equivalent to approximately CNY2.78 billion and represents a substantial addition to the Foshan-based manufacturer’s overseas business.

GalaxySpace Completes First Laos Satellite Internet Trial, Extending Southeast Asian Expansion

GalaxySpace（银河航天）completed its first low-Earth-orbit satellite internet trial in Laos on September 15, using its Mini-Spider（小蜘蛛网）experimental constellation to support a live high-definition audio and video call. Conducted in Vientiane at 23:14 Beijing time, the demonstration adds another overseas testing location for the Chinese satellite manufacturer as it expands cooperation in Southeast Asia.C

COOEC Starts Fabrication on US$4 Billion Qatar Project, Expanding Its Overseas Prime-Contractor Role

Offshore Oil Engineering Co., Ltd.（COOEC，海油工程）began steel fabrication for QatarEnergy’s（卡塔尔能源）Bul Hanine offshore redevelopment project at its Qingdao manufacturing base on September 15. The two engineering packages have a combined contract value of approximately US$4 billion, making the project China’s largest international offshore oil and gas engineering contract by value, according to COOEC.