Tracking the region’s most significant mergers, acquisitions, and funding rounds. From early-stage bets to blockbuster buyouts, we track the capital flows redrawing the Delta’s corporate map.
Characterized as the video edition of the AI code editor Cursor, Anijam.ai supports production of high-definition videos ranging from five to 20 minutes in length.
“Companies are no longer asking whether AI can be deployed,” founder and CEO Hu Min said. “The real question is whether AI can be turned into productivity safely, reliably and sustainably.”
In recent years, the Taizhou-based company has been accelerating its transition from a legacy sewing machine maker to a pioneer of advanced manufacturing.
The partnership highlights growing industry recognition that dedicated chips optimized for spatial computing could become critical as AI glasses move toward mass adoption.
Vizta Lab develops AI-enhanced optical imaging products focused on long-range observation scenarios such as birdwatching, stargazing and outdoor photography.
This comes as competition among the country’s large language model developers intensifies, driving demand for capital to secure compute, attract talent and accelerate commercialization.
Roughly one in every three tins of caviar sold worldwide now comes from the Chinese company Xunlong Technology, now in the process of seeking an IPO in Hong Kong.
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.
Proceeds from the latest funding will be used to advance core technologies and accelerate large-scale deployment across specialized industrial scenarios nationwide.
The company has developed an end-to-end platform covering design, validation, algorithms, testing and mass production, allowing it to deliver system-level solutions across braking, steering and motion control.
During over-the-counter (OTC) trading the day before the company went public, shares had already leaped 169.29% to HK$20.52, signaling strong pre-debut momentum.
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).
Its approach centers on a “software-defined aircraft” concept, drawing parallels with Tesla’s transformation of the automotive industry through software-centric design.
Founder Yang Yuzhi said the company aims to evolve its offerings “from rehabilitation tools into intelligent mobility assistants,” helping older users maintain independence and improve quality of life.
Zhejiang has remained one of China’s most active IPO regions, with the province accounting for eight deals — roughly a quarter of the total in the first quarter of 2026.
The offering marks Manycore as the first global space-intelligence company to go public and the first among Hangzhou’s so-called “Six Little Dragons” to hit the capital markets.
Jiangsu ranked second with five listings, followed by Guangdong and Anhui with two each, highlighting Zhejiang’s widening lead in both listing volume and fundraising scale.
This announcement concluded a transaction that had taken nearly a year to complete, marking a pivotal expansion of Ant’s financial services footprint beyond mainland China.
Thermal management has emerged as a critical battleground in EV competition, directly affecting battery longevity, driving range and operational safety.
ATVs are a staple in North American agriculture and recreation, with roughly one million farms and ranches relying on them and millions of off-road enthusiasts fueling annual demand.
Headquartered in Jiaxing’s Nanhu district, Galaxis Robotics was founded in 2014 by a husband-and-wife team holding doctoral degrees from Massachusetts Institute of Technology and Cornell University.
Unitree’s IPO bid follows the success of Shenzhen-based UBTech, which was the first humanoid robotics company to list on the Hong Kong Stock Exchange in late 2023.
Founded in 2016, Diagens develops a mix of medical imaging software, devices and related services designed to enhance diagnostic efficiency and clinical quality.
A proprietary new manufacturing facility is entering ramp-up production, with annual capacity expected to exceed 10,000 dexterous hands and 200,000 miniature actuators by year-end.
The funding comes as competition intensifies in smart glasses and AI wearables, where Chinese startups are racing to carve out specialized niches ahead of larger electronics brands.
Moxin said its research led the company to identify what it describes as the “Scaling Law” for spatial intelligence.
Characterized as the video edition of the AI code editor Cursor, Anijam.ai supports production of high-definition videos ranging from five to 20 minutes in length.
“Companies are no longer asking whether AI can be deployed,” founder and CEO Hu Min said. “The real question is whether AI can be turned into productivity safely, reliably and sustainably.”
In recent years, the Taizhou-based company has been accelerating its transition from a legacy sewing machine maker to a pioneer of advanced manufacturing.
The partnership highlights growing industry recognition that dedicated chips optimized for spatial computing could become critical as AI glasses move toward mass adoption.
Vizta Lab develops AI-enhanced optical imaging products focused on long-range observation scenarios such as birdwatching, stargazing and outdoor photography.
This comes as competition among the country’s large language model developers intensifies, driving demand for capital to secure compute, attract talent and accelerate commercialization.
Roughly one in every three tins of caviar sold worldwide now comes from the Chinese company Xunlong Technology, now in the process of seeking an IPO in Hong Kong.
Beyond the Big Chip Fund, talks reportedly include major internet players such as Alibaba and Tencent, alongside other state-backed investors.
The two companies will work together on robot data collection, embodied AI model training, industrial deployment and core component supply.
The move formalizes the completion of the company’s previously announced angel round rather than a fresh financing deal.
This marks the company’s second financing deal in just over two months, as capital continues flowing into China’s embodied AI sector.
Visual reconstruction has emerged as one of the most closely watched areas globally in brain-computer interface development.
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.
Proceeds from the latest funding will be used to advance core technologies and accelerate large-scale deployment across specialized industrial scenarios nationwide.
The approval suggests a potential reopening window for Chinese companies seeking US listings, following tighter regulatory scrutiny in recent years.
Earlier discussions had suggested a baseline valuation of $10 billion, though negotiations remain ongoing and final terms could still change.
The company has developed an end-to-end platform covering design, validation, algorithms, testing and mass production, allowing it to deliver system-level solutions across braking, steering and motion control.
During over-the-counter (OTC) trading the day before the company went public, shares had already leaped 169.29% to HK$20.52, signaling strong pre-debut momentum.
Under the plan, Wanwei will spend about 7.16 billion yuan ($105 million) to secure 21.88% of voting rights in Ningbo-based Shanshan Corp.
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).
Its approach centers on a “software-defined aircraft” concept, drawing parallels with Tesla’s transformation of the automotive industry through software-centric design.
Founder Yang Yuzhi said the company aims to evolve its offerings “from rehabilitation tools into intelligent mobility assistants,” helping older users maintain independence and improve quality of life.
Zhejiang has remained one of China’s most active IPO regions, with the province accounting for eight deals — roughly a quarter of the total in the first quarter of 2026.
The offering marks Manycore as the first global space-intelligence company to go public and the first among Hangzhou’s so-called “Six Little Dragons” to hit the capital markets.
At the core of Spirit AI’s approach is what it calls a “diversified data” framework aimed at extending the Scaling Law into embodied intelligence.
Jiangsu ranked second with five listings, followed by Guangdong and Anhui with two each, highlighting Zhejiang’s widening lead in both listing volume and fundraising scale.
Tongshifu’s heavy reliance on copper-based products also leaves earnings sensitive to fluctuations in metal prices.
This announcement concluded a transaction that had taken nearly a year to complete, marking a pivotal expansion of Ant’s financial services footprint beyond mainland China.
Diagens is emerging as an outlier in an industry often weighed down by heavy computing costs and long monetization cycles.
The deal underscores a broader trend of traditional vision-tech players moving from supporting roles into the forefront of the smart glasses sector.
Thermal management has emerged as a critical battleground in EV competition, directly affecting battery longevity, driving range and operational safety.
This latest development also positions Manycore Tech as potentially the first public company focused on spatial intelligence globally.
ATVs are a staple in North American agriculture and recreation, with roughly one million farms and ranches relying on them and millions of off-road enthusiasts fueling annual demand.
Headquartered in Jiaxing’s Nanhu district, Galaxis Robotics was founded in 2014 by a husband-and-wife team holding doctoral degrees from Massachusetts Institute of Technology and Cornell University.
Unitree’s IPO bid follows the success of Shenzhen-based UBTech, which was the first humanoid robotics company to list on the Hong Kong Stock Exchange in late 2023.
Founded in 2016, Diagens develops a mix of medical imaging software, devices and related services designed to enhance diagnostic efficiency and clinical quality.
A proprietary new manufacturing facility is entering ramp-up production, with annual capacity expected to exceed 10,000 dexterous hands and 200,000 miniature actuators by year-end.
The funding comes as competition intensifies in smart glasses and AI wearables, where Chinese startups are racing to carve out specialized niches ahead of larger electronics brands.