DEEP Robotics edges closer to STAR market after IPO tutoring
The progress makes it the latest among the so-called “Hangzhou Six Dragons” to move toward public markets.
Year: 2026
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Leapmotor April deliveries hit record as low-cost smart EVs gain traction
The company delivered 71,387 vehicles during the month, up 73.9% from a year earlier, marking its highest monthly total on record.
Hangzhou’s ‘296X’ clusters outpace industry growth in Q1
Output from the clusters rose 8.5% year-on-year, outpacing large-scale industrial growth by 1.6 percentage points.
China’s unmanned vessel logs record long-distance voyage
The journey marked China’s first ultra-long-distance autonomous navigation by an unmanned vessel in open waters.
Alibaba turns AI agents into ‘digital staff’ with Qoderwake launch
The system is designed for software engineering, operations and data analysis roles, with Alibaba describing it as “production-ready, secure and self-evolving.”
Unitree debuts new dual-arm humanoid robot at record low price
Unlike full humanoid systems, the robot’s lower half comes as either a fixed base or a mobile platform, while its end effectors are interchangeable.
BIBO steers into funding lane as smart chassis race heats up
The company plans to step up investment in electro-mechanical braking (EMB), as easing regulations and new model launches position 2026 as a key year for commercialization.
Senpure loses its aroma as instant tea cools, brews early rebound
A key pressure point is the rapid expansion of freshly made tea drinks. China now has more than 400,000 such outlets, with chains like Mixue Bingcheng operating about 53,000 stores.
Hangzhou district moves to turn ‘China Compute Valley’ vision into reality
By 2035, officials expect the district’s AI industry revenue to surpass 100 billion yuan ($14.6 billion), forming the backbone of the envisioned hub.
Zhejiang launches nuclear unit, expands mixed-ownership model
Once fully completed, the plant is expected to generate more than 54 billion kilowatt-hours of electricity annually—enough to meet the needs of over 5 million people.