Ruisheng Technology: the net profit attributable to the parent company in the third quarter was 183 million yuan, a year-on-year decrease of 57.4%

Apple and China: A Mutually Beneficial Relationship

In 2019, around 46% of Apple's suppliers were Chinese companies or China-based factories. Not only do Chinese firms rely on Apple's sizable orders, but Apple also sees benefits from the country’s high cost-efficiency and growing innovation.

JD Logistics (京东物流) Facilitates the Launch of Rox Motor’s (极石汽车) UAE Spare Parts Center, Reducing Middle East After-Sales Repair Cycles by Over 7 Times

On April 29, JD Logistics (京东物流) and the high-end intelligent rugged SUV brand Rox Motor (极石汽车) officially announced a deep partnership. A regional automotive spare parts center, co-constructed and operated by both parties in Dubai, UAE, has officially commenced operations.

Geely Auto (吉利汽车) Officially Enters Austria, Partnering with AutoWallis to Cultivate Central European NEV Market

On April 28, Geely Auto (吉利汽车) and AutoWallis, a well-known Austrian automotive distribution company, officially signed a cooperation agreement. Under the terms of the agreement, AutoWallis will gain exclusive import and distribution rights for the Geely (吉利) brand in the Austrian market.

CATL (宁德时代) and HyperStrong (海博思创) Secure 60GWh Mega-Order, Launching Mass Production Era for World's Largest Sodium-Ion Storage Project

On the evening of April 27, CATL (宁德时代) and HyperStrong (海博思创), a leading domestic energy storage system integrator, signed a strategic cooperation agreement in Ningde, Fujian. The two parties announced a partnership involving a total of 60GWh in sodium-ion battery orders for energy storage over the next three years.

Xiaomi and OPPO Invest in Optics Tech of Apple Supplier AAC Technologies

AAC technologies, as one of the most comprehensive consumer electronics upstream suppliers in China, plays in the verticals of acoustic, precision processing, haptics and optics.