DHC

NEOM Seeks Chinese Investment Amid Recent Financial Challenges

Chinese Battery Makers Invest Over 30 Billion Baht in Thailand

Apple CEO Meets Indonesian President to Discuss Investment Plans

U.S. House Committee Passes Bill That Would Ban TikTok in the U.S

The Speaker of the US House of Representatives plans to include the TikTok-related bill in a comprehensive foreign aid package for a vote, with the Senate expected to swiftly follow suit.

Meituan Announces Appointment of Wang Puzhong as CEO of "Core Local Commerce" Division

Meituan announced the appointment of Wang Puzhong as the CEO of the "Core Local Commerce" division in response to intense competition in the local life sector.

AI Technology Provider RealAI Completes New Round of Strategic Financing

According to EqualOcean, recently, AI security infrastructure provider RealAI(瑞莱智慧) announced the completion of a new round of strategic financing, with investors including the Beijing Artificial Intelligence Industry Investment Fund(北京市人工智能产业投资基金).

Rapid Growth in Saudi Electronic Payments and E-commerce

Knowdee Intelligence Completes Nearly CNY 100 Mn Pre-A Round Financing

EqualOcean has learned that on April 16th, Knowdee Intelligence(诺谛智能), a company focusing on the "AI + Manufacturing" sector, has successfully completed its Pre-A round of financing. This round of financing was led by Summitview Capital(武岳峰科创), with follow-up investments from Trilobite Venture Capital(三叶虫创投) and Tsingzhi Capital(清智资本), along with additional investment from Lenovo Group(联想集团), totaling nearly CNY 100 million.

CATL's First Quarter Net Profit Reaches CNY 105.1 Billion, a 7% Year-on-Year Increase

CATL released its financial report for the first quarter of 2024.

China's Bus Exports Surge in 2024: Yaxing and Ankai Buses Expand Operations in the Saudi M

Microsoft Invests in UAE AI Giant G42, Achieving Multilevel Strategic Cooperation

AIoT Firm Terminus Completes CNY 2 Billion Series D Financing

EqualOcean has learned that recently, Terminus(特斯联), an artificial intelligence Internet of Things enterprise, completed a Series D financing round of CNY 2 billion.

Cloud and Data Security Startup Rubrik to Go Public in the United States

Rubrik will go public in the United States to seek financial support to further promote technological innovation.

BOE Released Q1 2024 Performance Forecast

Benefiting from the rebound in the panel industry, BOE is expected to see a significant year-on-year increase in net profit in the first quarter of this year.

XPeng Motors "Largest Single Shipment in History" Dispatched to Germany

NetEase Announces Renewed Partnership with Blizzard, Explores New Opportunities in Mobile

Tencent Releases 2023 ESG Report, Deepens Commitment to "Tech for Good"

Notably, in 2023, Tencent Holdings (00700:HK) saw an increase in its ESG rating in the S&P Global Sustainability Assessment, surpassing industry giants such as Google and Meta to secure a position among the top five globally.

China and Brazil Reach Milestone Agreement on Clean Energy Transmission Project

EqualOcean has learned that on April 3, 2024, China and Brazil signed a 30-year concession agreement concerning the Brazil Northeast Ultra-High Voltage Direct Current (UHVDC) transmission line project, expected to be operational by 2029.

Huawei Outperforms Competitors in Mobile Network and Cloud Sales in Latin America

EqualOcean has learned from Huawei's 2023 annual report that its sales in the Americas reached USD 4.89 billion, a 10.9% increase compared to 2022. This growth is primarily driven by Latin America as Huawei faces bans on operations in the United States and Canada. In 2022, Huawei's sales in Latin America amounted to CNY 31.8 billion (approximately USD 4.4 billion).

BaishanCloud Announces Collaboration with Saudi Telecom Operator center3