
Memory chip designer Zentel rides DRAM waves, files for Hong Kong IPO
The filing came one day after leading domestic DRAM producer Changxin Memory Technologies cleared a key listing hurdle in Shanghai.

The filing came one day after leading domestic DRAM producer Changxin Memory Technologies cleared a key listing hurdle in Shanghai.

Despite clearing the latest review, analysts continue to flag structural risks tied to Grascent’s past IPO setbacks and operational profile.

Wang opened up for the first time on the thinking behind GD01, which the company describes as the world’s first mass-produced, rideable mech robot.

The company, incubated by NetEase Fuxi, the internet giant’s AI research arm, develops intelligent massage and physiotherapy robots for clinics, spas and wellness centers.

The 13-point agreement covers pricing, merchant treatment, rider protections and platform governance.

Xynova plans to showcase the product publicly for the first time at the ICRA 2026 robotics conference in Vienna on June 2.

The Hangzhou-based company said the device addresses three common problems in water sports photography: lack of camera assistance, water damage risks and difficult drone controls.

Media reports on May 22 said the latest round had expanded to 70 billion yuan ($10.33 billion), with a pre-money valuation of about $45 billion.

The startup said it aims to reduce dependence on imported equipment while lowering inspection costs and improving efficiency for Chinese semiconductor and electronics manufacturers.

Willit comes in sunglasses and photochromic versions. The sunglasses model has already sold more than 1,000 units on Taobao, according to the product page.