CSSC Hanguang semi annual report: the net profit in the first half of the year was 44.9768 million yuan, a year-on-year increase of 14%

Beyond Capital: Why Europe Needs Industrial Partners, Not Just Investors

Europe’s reindustrialization is creating new opportunities for Chinese companies. However, the winners will not necessarily be those seeking quick acquisitions or rapid market access. The real opportunities belong to companies capable of embedding themselves into Europe’s industrial ecosystem and supporting the long-term transformation of local industries.

Manus Parent Butterfly Effect Raises More Than $500 Million After Meta Deal Unwind

Butterfly Effect, the China-founded company behind AI agent Manus, has completed a funding round of more than US$500 million, the company announced on October 8. Boyu Capital and IDG Capital led the round, with existing investors Tencent, HSG and ZhenFund also participating. The company did not disclose its valuation or how it plans to use the proceeds.

Wasion Unit Reports More Than CNY 4 Billion in Overseas Contract Awards

Wasion Holdings Limited（威胜控股）said its subsidiary Wayon Energy Technology had secured overseas contract awards worth more than CNY 4 billion from the start of 2026 through October 8. The orders cover data-center infrastructure and power-distribution equipment, with data-center thermal-management products and solutions accounting for more than CNY 570 million.

Maxscend’s Market Value Falls CNY 7 Bn in One day

Though the company achieved a remarkable performance in the first three quarters of 2020, the accusation of tunneling has had a negative impact on its stock price.

Maxscend Invests CNY 800 Mn on New Semiconductor Manufacturing Base

The radiofrequency manufacturer plans to improve its RF SAW filter production capacity and finally to realize domestic substitution for RF SAW filters.