View Post

OPPO investing to YKC Clean Energy Technologies in its Series B3 Financing

In All, China Business News by China Business ForumLeave a Comment

YKC Clean Energy Technologies (YKC Charging), a leading Chinese provider of EV charging and energy management services, has recently announced the completion of its Series B3 financing with investment from top smart device manufacturer OPPO, concluding three significant financing rounds within a space of just nine months following investments from CATL and NIO Capital. YKC Charging is one of the …

View Post

40 companies will invest in total $13.56 billion to Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone

In All, China Business News by China Business ForumLeave a Comment

A total of 40 companies from the Chinese mainland, Hong Kong and other countries and regions will invest 86.6 billion yuan (US$13.56 billion) in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, the attendees were told at the 2021 Qianhai Investment Promotion Conference held on November 19. A ceremony was held to mark the settlement of the 40 investment …

View Post

ZTO Reports Third Quarter 2021 Unaudited Financial Results

In All, China Business News by China Business ForumLeave a Comment

ZTO Express, a leading and fast-growing express delivery company in China announced today its unaudited financial results for the third quarter ended September 30, 2021. The company delivered a parcel volume growth of 23.3% while maintaining high customer satisfaction and an industry-top level of quality of earnings. Adjusted net income reached RMB1,147.9 million which grew 13.7% over that of last …

View Post

Illumina and Sequoia Capital China Select First Startups to join Genomics Incubator in China

In All, Startups in China by China Business ForumLeave a Comment

First-of-its-kind Incubator will support companies poised to deliver breakthrough applications in genomics and multiomics. Illumina, Inc., and Sequoia Capital China, a leading investment firm, today jointly announced the selection of the first two startup companies joining the Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina. Located in Zhangjiang Cell Industrial Park, Shanghai, the incubator will serve as a …