Desai Xiwei: add the post of vice chairman to be held by gaodapeng

Chinese Restaurant Brands Going Global: What Keeps Customers Coming Back After the Opening?

How long can the queues outside a brand’s first overseas store last? And how many customers drawn in by the novelty will become regulars? For Chinese restaurant brands expanding internationally, opening a store is only the beginning of the challenge of building a local business and retaining customers.

Midea Completes Controlling Acquisition of Italian Medical Imaging Firm Esaote

Midea Group (美的集团) completed its acquisition of a controlling stake in Italian medical imaging company Esaote S.p.A. (百胜医疗) on October 9, the companies said. Esaote will join Midea Healthcare while continuing to operate as an independent business headquartered in Genoa, with research and manufacturing facilities in Italy and the Netherlands.

ANTA Sports Becomes PUMA’s Largest Shareholder in €1.51 Billion Deal

ANTA Sports Products Limited（安踏体育用品有限公司）completed its acquisition of a 29.06% stake in PUMA SE on October 7, paying €1.5055 billion in cash to Artémis SAS, the investment company of the Pinault family. The transaction makes ANTA PUMA’s largest shareholder and gives the Chinese sportswear group a significant stake in a major European brand, while leaving PUMA independently governed.

Li Auto, Nvidia and Desay SV Automotive Sign a Tripartite Agreement 

Li Auto's second product, a full-sized SUV, will be the first to use Nvidia's Orin system-on-chip product. 

Self-driving and IoV to be New Business Engines for Desay SV

The intelligent cockpit has been the firm’s core business, taking up 90% of revenues; Desay SV is pivoting towards ADAS and IoV to capture opportunities in the era of autonomous driving.