On 19 August, Unitree Technology (688836.SH) listed on the Shanghai Stock Exchange’s STAR Market, becoming the first pure-play humanoid-robot stock on the A-share market. Priced at 150.80 yuan per share, it opened at 1,100 yuan, pushing its market capitalisation above 400 billion yuan. At that open, a single winning IPO lot could be worth up … Read more
The Shanghai United Assets and Equity Exchange recently disclosed a listing: CNPC Kunlun Capital is transferring 0.6349 per cent of Shandong Future Robot, equal to 234,372 shares, at a reserve price of 20 million yuan. The pure state-industry investor has deep ties to the company. In May 2025 the two signed an investment deal spanning … Read more
Beijing Zhongke Yuandongli Technology recently closed a several-hundred-million-yuan B2 round led by Chery Smart Technology, an arm of Chery Holdings. The proceeds will fund R&D on new-energy smart agricultural machinery and embodied-AI agricultural robots, scaled delivery and faster overseas expansion. Tianyancha records show the company has completed eight funding rounds, backed by a mix of … Read more
Gasgoo Embodied Intelligence has learned that Acorn Robot, an embodied-manipulation company, recently closed an angel round led by China Merchants Venture Capital and NIO Capital, with the Tsinghua alumni seed fund following on. Only four months after a nearly 100 million yuan seed round in March, the two rounds together have raised several hundred million … Read more
On 18 August, the Shenzhen Municipal People’s Government and China Telecom Corporation signed a strategic cooperation framework agreement. Shenzhen Party secretary Jin Lei and deputy secretary and mayor Qin Weizhong met China Telecom chairman Ke Ruiwen and general manager Liu Guiqing and jointly witnessed the signing. Jin and Qin thanked China Telecom for its active … Read more
Shenzhen’s artificial-intelligence sector is pushing hard to go global, and Russia has become one of the association’s priority outward markets. That is what Zhang Zhehao, deputy secretary general for international relations at the Shenzhen Artificial Intelligence Industry Association, told Shenzhen Press Group on 17 August, local time in Kazan, where he attended the fourth “Rostok: … Read more
For years, three words trailed SMIC wherever it went: behind, restricted, catching up. It could not buy the best tools, could not take the most advanced orders, and the market kept asking the same question: when would it close the gap with TSMC? For a company carrying the hopes of China’s domestic chipmaking, simply surviving … Read more
Zeng Yi’s office tea was refilled again and again as the conversation unfolded, a typical Guangdong reception: no need to sit stiff, but the matter was clear. He speaks with a Chaoshan accent, not fast, always finishing a sentence with a smile, eyes narrowing, leaning in, easy to relax around. Talk of AI and RISC-V … Read more
AI large models are evolving from a business and product into the infrastructure a company runs on. Past software and hardware firms organised by product, with AI as one function among imaging, voice, recommendation or interaction. After foundation models arrived, AI reached product definition, user interaction and service distribution. Teams once split by product must … Read more
Yesterday OpenAI expanded its Daybreak cyber-security programme and launched GPT-5.6-Cyber, a model built for security scenarios. Notably, GPT-5.6-Cyber splits AI cyber capability into two directions: Daybreak Blue for defence work, and Daybreak Red for advanced security research and attack simulation. This red-blue confrontation is the core drill mechanism traditional security uses to validate system safety. … Read more