Taobao Flash tightens food safety checks amid crackdown on ‘Ghost Kitchens’
The platform now allows merchants to apply for labels such as “delivery-only,” “dine-in available” and “open kitchen.”
Year: 2026
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HeymanTech bags Series A funds as waterproof robot hand goes deeper
HeymanTech’s core product is the WA series waterproof dexterous hand, which it describes as the world’s first commercially deployed IP68-rated robotic hand.
Leapmotor tops 80,000 deliveries for first time, expands Europe push
Leapmotor delivered a cumulative 173,658 vehicles in the first five months of the year, still well short of its full-year target of 1 million units set at the start of the year.
Chipmaker Qiushui nets shy of $30M to scale Micro LED production
Qiushui is currently building an 8-inch hybrid bonding production line in Ningbo, expected to come online in October.
Metal parts maker posts 80% jump in Q1 revenue on AI cooling demand
For companies like Eldar, once focused on conventional metal machining, the surge has opened a fast-growing niche supplying precision components used in next-generation cooling systems.
Hikvision teams up with Master Kong to digitize factories, supply chain
Under the partnership, Hikvision will provide end-to-end solutions for Master Kong’s production sites, covering planning, construction, operations and maintenance.
Qwen AI glasses top Tmall’s 618 smart eyewear sales chart
Within 10 hours, it topped bestseller lists across multiple e-commerce platforms including Tmall, JD.com and Douyin, according to the company.
Cainiao REIT advances toward approval in potential Zhejiang first
This move brings it a step closer to becoming Zhejiang’s first warehouse and logistics REIT sponsored by a private enterprise.
Zhejiang leads China IPO rankings with $1 billion raised in Jan-May
Zhejiang’s province-wide total reached 13 listings and 9.94 billion yuan in fundraising during the first five months of the year.
Hangzhou’s ‘296X’ gains traction as investment climbs 15% in Jan-Apr
The initiative, launched in late 2025, forms the centerpiece of Hangzhou’s effort to build new industrial growth engines.