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  • 2026
  • July
  • 2

Day: July 2, 2026

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  • News

Unitree gets final regulatory go-ahead for Shanghai listing

Yangtzeer observers2026-07-022026-07-0204 mins

Based on the proposed fundraising and offering structure, the IPO implies a minimum post-listing valuation of about 42 billion yuan for Unitree.

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Fudan-backed HidFunc raises nearly $15M to scale sodium battery production

Yangtzeer observers2026-07-022026-07-0207 mins

The company’s anode-free architecture aims to reduce manufacturing costs while achieving energy densities closer to lithium-ion cells.

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  • Heavy Hitters
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China Mobile brings $737 million Yangtze Delta AI computing hub online

Yangtzeer observers2026-07-022026-07-0203 mins

Jiashan is the only location in Zhejiang included among the country’s 10 national data center clusters under the “East Data, West Computing” initiative.

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Ant-backed home robot startup JoyIn snags $74M pre-Series A round

Yangtzeer observers2026-07-022026-07-0204 mins

The financing comes as China’s embodied AI sector shifts beyond industrial deployments toward consumer applications.

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SunUp Fusion bags follow-on funds weeks after $100 million round

Yangtzeer observers2026-07-022026-07-0205 mins

Those characteristics could allow future fusion plants to be deployed closer to cities, industrial parks and data centers.

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Geely exports top 100,000 vehicles in June for first time

Yangtzeer observers2026-07-022026-07-0204 mins

Sales have now risen on both a monthly and annual basis for four consecutive months.

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Hangzhou unveils China’s first AI startup guide for one-person companies

Yangtzeer observers2026-07-022026-07-0204 mins

The release came one day after Hangzhou unveiled a three-year action plan to become China’s leading hub for AI-powered one-person companies.

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Robot gearbox maker Laifual falls nearly 15% in Hong Kong debut

Yangtzeer observers2026-07-022026-07-0204 mins

It is also one of only two domestic manufacturers to have achieved mass production and commercial deliveries of harmonic drives for humanoid robots.

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Leapmotor June deliveries jump 95% YoY, cross 90,000-unit milestone

Yangtzeer observers2026-07-022026-07-0203 mins

The June figure marked Leapmotor’s third consecutive monthly delivery record, following 71,387 vehicles in April and 81,569 in May.

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Recent News

  • Alibaba unveils AI agent for superconductor discovery
  • Alibaba bans Claude Code internally over security concerns
  • Insurer introduces China’s first embodied robot insurance
  • RobotGym lands $15M pre-Series A to spur embodied AI for eldercare
  • Gestala raises record $62 million for non-invasive ultrasound BCIs

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