Manycore IPO draws over 1,000x demand ahead of Hong Kong debut
The Hangzhou-based company’s public tranche was oversubscribed about 1,071 times, with total margin financing and subscriptions reaching HK$131.2 billion ($16.75 billion).
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AI model developer Shengshu partners Alibaba Cloud to expand video tools
The collaboration spans the full AI stack, including data processing, model training, inference acceleration and application deployment.
Zhejiang University study finds path to non-addictive pain relief drug
Cannabinoid compounds are known to be effective in treating conditions such as chronic pain, anxiety and epilepsy, but their clinical use has been constrained by risks of addiction and other side effects.
Geely posts 937,000-unit Q1 sales as EV share tops 50% amid tech push
The results come as Geely marks its 40th anniversary and advances its long-term “One Geely” strategy outlined in the 2024 “Taizhou Declaration.”
Qwen adds excel-generating agent to expand AI workflow tools
The rollout addresses a common limitation in existing AI assistants, which often output tables in text form or require pre-set templates, leaving users to manually transfer results into spreadsheet software.
Geely unveils new hybrid system with ultra-low fuel consumption targets
Conventional gasoline engines typically operate at around 30%–35% thermal efficiency, while leading hybrid systems from Toyota and peers reach about 40%–41%.
Unitree H1 robot sets sprint record ahead of Beijing half marathon
The result on April 11 places the robot close to the top recorded human sprint speed of legendary Jamaican sprinter Usain Bolt.
China expands energy storage push with first nickel-hydrogen export shipment
In recent years, the port has rolled out shore power systems across all terminals except liquid chemical berths and has expanded clean fuel bunkering services to support low-emission shipping.
Jack Technology breaks ground on humanoid robot HQ in Hangzhou
The project will combine research and development, intelligent manufacturing and global operations within a 52,000-square-meter complex.
Xingtu Aerospace breaks ground on precision spacecraft parts plant in Huzhou
It aims to build an end-to-end technology stack spanning materials, processes, equipment, inspection and data, with a focus on domestic substitution in core aerospace components.