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The Melancholic Saga of Xiaomi in India

In January 2024, Xiaomi unveiled the Redmi Note 13 5G series in India, achieving an outstanding sales feat of nearly CNY 900 million within a mere two days. Expressing gratitude on Twitter, Xiaomi India thanked its consumers, hailing the series as "super smartphones that redefine excellence." The commitment echoed the promise to persist in delivering innovation and premium products to the Indian market.

Embodied Intelligence Company ROBOTERA Raises Nearly CNY 500 Mn in Series A Round

On July 7, Tsinghua University-backed embodied intelligence company ROBOTERA announced the completion of a nearly CNY 500 million Series A funding round. The funds will be used for the development and mass production of humanoid robot hardware and software technologies.

ROBOTPHOENIX Submits Prospectus to HKEX

ROBOTPHOENIX officially submitted its prospectus to the Hong Kong Stock Exchange on June 30, 2025, planning to list on the main board under Chapter 18C. Agricultural Bank of China International is acting as the sole sponsor.

Indonesian Expresses Willingness to Collaborate with China on Battery Ecosystem Project

On June 29, Indonesian President Prabowo stated that the Indonesian battery ecosystem project will make Indonesia the only country in Southeast Asia capable of achieving integrated production across the entire value chain of battery manufacturing, from upstream to downstream. He expressed willingness to work with Chinese partners to promote this milestone strategic project.

Cainiao Opens New Overseas Warehouse in Canada to Accelerate Global Supply Chain Expansion

It has been reported that Cainiao, an Chinese e-commerce supply chain solutions provider, has officially launched its second self-operated overseas warehouse in Canada.