Zhang Yushuo

2 days ago | yicaiglobal.com | Zhang Yushuo

Nio to Still Turn Profitable in Fourth Quarter, CEO Says After First-Quarter Loss Widens 30% audio is not supported! Nio to Still Turn Profitable in Fourth Quarter, CEO Says After First-Quarter Loss Widens 30% (Yicai) June 4 -- Nio is still expected to achieve its profitability target in the fourth quarter, its chief executive officer said after the Chinese new energy vehicle startup's net loss expanded by more than 30 percent in the first quarter.

2 days ago | yicaiglobal.com | Zhang Yushuo

(Yicai) June 4 -- China has launched this year’s campaign to promote new energy vehicles in rural areas, and it has a broader coverage than last year. This year’s NEV promotion campaign includes 124 models from BYD, Geely Automobile, GAC Aion, Xpeng Motors, Leapmotor, Li Auto, and other automakers, according to a joint notice issued by the Ministry of Industry and Information Technology and four other departments.

3 days ago | yicaiglobal.com | Zhang Yushuo

(Yicai) June 3 -- Tourism spending in Shanghai surged during the recent Dragon Boat Festival, fueled by theme parks and sporting events. Total tourism spending -- including food, accommodation, transportation, sightseeing, shopping, entertainment, and education -- reached CNY12.5 billion (USD1.7 billion), up 3 percent year on year, according to the city’s Big Data monitoring system. Shanghai welcomed 6.5 million visitors over the three-day holiday from May 31 to June 2.

1 week ago | yicaiglobal.com | Xu Wei |Liao Shumin |Zhang Yushuo |Chen Junjun

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1 week ago | yicaiglobal.com | Xu Wei |Liao Shumin |Zhang Yushuo |Chen Junjun

We sent you a codeEnter it below to verify via You'll need a passwordMake sure it's 8 characters or moreSHOW PASSWORD/HIDE PASSWORDSuccess! Welcome to Yicai GlobalFind your Yicai Global accountCheck your emailWe've sent an email to with a confirmation code. Enter the code below to reset your password. If you don't see the email, check your junk, spam or other folders. Change your passwordStrong passwords include numbers,letters,and special characters.