-
6 days ago | 
yicaiglobal.com | Tang Shihua
(Yicai) May 9 -- Shares of Huaxiang Electronic briefly surged after the Chinese auto parts manufacturer announced plans to partner with firms including Zhiyuan Robotics, also known as AgiBot, to establish a humanoid robot production facility. Huaxiang [SHE: 002048] closed 0.4 percent lower at CNY16.98 (USD2.40) in Shenzhen today after rising as much as 7.9 percent at the open.
-
6 days ago | 
yicaiglobal.com | Tang Shihua
(Yicai) May 9 -- Chinese mining manager JCHX Mining Management has secured local backing to take full control of CMH Colombia, the owner of the Alacrán Project, a major copper-gold-silver deposit in Colombia. JCHX intends to acquire the remaining 50 percent stake in CMH through its Swiss subsidiary, Veritas Resources, at an estimated price of USD108 million to USD128 million, the Beijing-based company announced yesterday.
-
6 days ago | 
yicaiglobal.com | Tang Shihua
(Yicai) May 9 -- Beijing will host the 2025 World Humanoid Robot Games in August, with the event aiming to highlight robot application technology's diversity, innovation, and practicability. The competition will be held at the Beijing National Stadium and the National Speed Skating Oval from Aug. 15 to 17, local officials announced on May 7. It will include 19 events in three game categories: competitive, show, and scene-based.
-
1 week ago | 
yicaiglobal.com | Tang Shihua
(Yicai) May 7 -- China’s E-P Equipment and Germany’s Jungheinrich have entered into an original equipment manufacturer partnership to produce forklifts and warehouse handling equipment under a new joint brand. The new brand will be known as AntOn by Jungheinrich, the Hangzhou-based supplier of forklifts and components announced late yesterday.
-
1 week ago | 
yicaiglobal.com | Tang Shihua
(Yicai) May 6 -- Chinese developer of artificial intelligence chips Cambricon Technologies said it plans to raise CNY5 billion (USD693 million) through a private placement of shares to finance new projects and software products.
-
1 week ago | 
yicaiglobal.com | Tang Shihua
(Yicai) May 6 -- DBN Group’s genetically modified soybean seed, which is engineered to be both insect resistant and herbicide tolerant, has been granted a planting license in Brazil, the biggest soybean producer in South America, marking a key step for the Chinese agri-tech firm’s expansion into the region.
-
2 weeks ago | 
yicaiglobal.com | Tang Shihua
(Yicai) April 29 -- Shares of BAIC BluePark New Energy Technology fell despite the Chinese electric carmaker narrowing its first-quarter loss and after it also revealed a plan to raise CNY6 billion (USD825 million) for its vehicle business and an artificial intelligence platform. BAIC BluePark [SHA: 600733] ended 3.4 percent lower at CNY7.20 (99 US cents) a share in Shanghai today. The stock is down 10 percent since the end of last year.
-
2 weeks ago | 
yicaiglobal.com | Tang Shihua
(Yicai) April 28 -- Shares of Zigong Conveying Machinery Group surged by the daily limit after the Chinese manufacturer of belt conveyors secured a USD406 million contract for a bauxite project in Guinea, West Africa. Zigong [SHE: 001288] jumped by 10 percent at the opening bell but faced pressure from sluggish market sentiment, ultimately closing up just 2.7 percent at CNY29.59 (USD4.10) in Shenzhen today. The Shenzhen Component Index finished the day down 0.6 percent.
-
3 weeks ago | 
yicaiglobal.com | Tang Shihua
(Yicai) April 24 -- Shares in Visionox advanced today, before being dragged down by the broader market, after the Chinese display manufacturer said that it plans to invest CNY5 billion (USD690 million) to construct a global research and development center for active-matrix organic light-emitting diodes display technology in the Kunshan, eastern Jiangsu province to expand the application of AMOLED screens across more scenarios.
-
3 weeks ago | 
yicaiglobal.com | Tang Shihua
(Yicai) April 21 -- Tengyuan Cobalt Industry New Materials, a Chinese manufacturer of electric vehicle battery materials, plans to invest CNY980 million (USD134.2 million) to construct a new mineral processing plant in the Democratic Republic of the Congo, aiming to strengthen its access to raw materials. Tengyuan intends to establish a joint venture with a local partner to develop the plant in Lualaba province in southern Congo, the Ganzhou-based company announced yesterday.
