Robot gearbox maker Laifual falls nearly 15% in Hong Kong debut
It is also one of only two domestic manufacturers to have achieved mass production and commercial deliveries of harmonic drives for humanoid robots.
Month: July 2026
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Leapmotor June deliveries jump 95% YoY, cross 90,000-unit milestone
The June figure marked Leapmotor’s third consecutive monthly delivery record, following 71,387 vehicles in April and 81,569 in May.
Xinghe Fusion raises $122 million in record debut financing round
Unlike the better-known tokamak, a stellarator generates its magnetic field entirely through complex external three-dimensional coils.
Insurer PICC launches China’s first R&D flight insurance for drone
The launch comes as Chinese developers accelerate work on drones, eVTOL aircraft and other next-generation aircraft.
Satellite developer Puxing Space secures angel+, pre-Series A funding
The fundraising comes as China’s commercial space industry shifts from policy support toward large-scale deployment.
Nanjing University backs Jiangsu’s first uni-funded tech transfer VC fund
The initiative marks the first time Nanjing University has directly contributed capital to a market-oriented venture fund.
Tsinghua-backed Discover Robotics raises over $100M in angel round
The company focuses on integrating AI with robotics and is leveraging Wuxi’s advanced manufacturing ecosystem to accelerate commercialization.
GTAC nets nearly $15M to expand avionics for airliners, eVTOLs
The company’s customer base now spans China’s three major civil aviation markets: large commercial aircraft, eVTOLs and heavy unmanned aerial vehicles.