Xin Guobin, Vice Minister of the Ministry of industry and information technology, investigated the development of Intelligent Manufacturing in Beijing

Chassis Supply Chain's "iPhone Moment": China's Tier 1 Shift as LeeKr Emerges

Over the past decade, China's electric vehicle (EV) industry has evolved from a niche experiment into a leading force in the global automotive landscape. In the first ten months of 2025, China exported over 2 million EVs, nearly double the year-earlier figure. From European city streets to Southeast Asian highways and Latin American urban centers, Chinese EVs have emerged as one of the most prominent symbols of a new era of “Made in China.”

Hypershell (极壳科技) Secures $50 Million Series B+ Funding Co-Led by Ant Group (蚂蚁集团) and Meituan Dragonball Capital (美团龙珠), Accelerating Global Expansion of Consumer-Grade Exoskeletons

Consumer-grade exoskeleton startup Hypershell (极壳科技) announced the completion of its $50 million Series B+ financing round co-led by Ant Group (蚂蚁集团) and Meituan DragonBall (美团龙珠), bringing its total Series B series funding to $120 million to accelerate its global leadership in human-augmentation robotics.

Unpacking China | Key Chinese Firms to Watch This Week （10/05/2026-16/05/2026）

Amid fast-paced changes that fill the business community with excitement, angst and trepidation, EqualOcean will publish a series of roundup articles to document the major events related to Chinese companies going global every week.

"Bowintec" completed a Pre-A financing round of nearly 300 million RMB, accelerating the large-scale implementation of industrial embodied intelligence.

Boyuan Capital, the market-oriented investment platform under Bosch, and GalaxyBot, a leading company in embodied intelligence, jointly incubated a joint venture — Bowintec (博银合创), which announced the completion of a Pre-A financing round, raising nearly 300 million RMB.

Himalaya Turns to Hong Kong for IPO

On September 14, after withdrawing the IPO application on US SEC, China's online audio platform Himalaya submitted an IPO prospectus to the Hong Kong Stock Exchange. The underwriters are Goldman Sachs, Morgan Stanley and CICC.