Material corporate disclosures, operating changes, transactions, governance and company-level developments.
Beijing Kunyuan Xinsuan Technology Co. , Ltd. has been established with a business scope covering artificial intelligence general application systems, AI theory and algorithm software development, intelligent robot sales, AI hardware sales, and intelligent robot research and development. The company is jointly held by Jingbeifang and other shareholders.
Dongyangguang has established a wholly owned subsidiary, Dongyangguang Future Laboratory Technology (Beijing) Co. , Ltd. , recently incorporated in Beijing. The subsidiary's business scope covers artificial intelligence application software development, AI theory and algorithm software development, and intelligent robot research and development.
BYD plans to launch a humanoid robot at its Di Space venue in August 2026. On July 25, the Di Space WeChat account published a promotional poster for the robot with a caption: "In early August, a new friend wants to get to know you." The announcement marks BYD's entry into humanoid robotics.
JD. com has acquired the 'Systems' property at Brook Green in London to serve as its European headquarters. The Grade A office spans approximately 127,000 square feet, was built in 1936 and recently renovated. The transaction price was not disclosed. In March, JD launched its European online retail platform Joybuy. The company previously bought a Westminster office for £37 million in April last year and a logistics park in the East Midlands late last year.
Aohata, based in Takehara, Hiroshima, launched its 'Spoon Free' jam in plastic bottles in August 2022. The product, which can be squeezed directly onto bread without a spoon, saw shipment value grow about threefold in three years, bucking a declining market. Available in six flavors from 365 yen, the strawberry variant is the most popular.
KDDI on January 28 launched Buffmee, an AI app developed with about 30 media and publishing partners including Kyodo News. The app answers user questions using articles and clearly attributes sources, aiming to enhance information reliability and professionalism. Publishers earn revenue based on usage frequency and gain reader exposure. The app is free for basic use, with paid options for exclusive content, and supports searches for popular recipe books and railway magazine data. Future plans include collecting nearby restaurant articles from expired food magazines and direct reading of cited sources. The content pool includes about 150 sources.
SAIC Motor's core subsidiaries disclosed management changes on July 28, 2026. Lu Xiao, former SAIC-GM president, succeeded Wang Jun as SAIC Motor Passenger Vehicle president. Xu Ping, former Huayu Automotive president, took over as SAIC-GM president. Tao Hailong, former SAIC Volkswagen president, returned as Huayu Automotive president. In the first half of 2026, SAIC-GM sold 231,200 vehicles, down 5.68% year-on-year, while new energy sales reached nearly 50,000, up 81.1%. SAIC Motor Passenger Vehicle sold about 549,000 vehicles, up 49.4%, with new energy sales surging 218.1% to 239,000 units.
Hainan Yuanzhi Technology Co. , Ltd. was incorporated on July 28, with Huaxing Yuanchuang among its co-shareholders. The new entity will operate in areas including artificial intelligence application software development, AI basic resources and technology platforms, intelligent robot research and development and sales, as well as integrated circuit chip design and related services.
The Nanping Haikuang Joint Investment Development Partnership (Limited Partnership) has been formally established, with a business scope that includes mineral washing and processing, services for estimating and compiling mineral resource reserve reports, mineral resource reserve evaluation, and sales of mining machinery. The partnership is jointly funded by Hainan Mining Co. , Ltd. and other investors.
Taiwan's Keelung District Prosecutors Office has detained a business manager surnamed Zhang from Nvidia on suspicion of smuggling advanced chips to mainland China in violation of US export controls. The office seized 50 AI servers equipped with Nvidia GB300 chips and over 9 million New Taiwan dollars in cash. Zhang is the seventh defendant to be detained without bail since the investigation began in May. The case is part of a broader probe into illegal exports of Supermicro AI servers.
Ruyi Films (stock code 002739) announced on its investor interaction platform that its summer film projects include 'Ba Xian!' releasing on July 18 and 'Nianhui Buneng Ting! 2' releasing on August 1, with the company being one of the producers for both films. The company also clarified that it is currently not involved in the production of 'Kung Fu Women's Football'.
Daoshi Technology (300409) reported 2026 first-half revenue of RMB 4.794 billion, up 31.21% year-on-year; net profit attributable to shareholders of RMB 290 million, up 25.92%; and non-recurring adjusted net profit of RMB 283 million, up 34.33%. The strategic resources segment drove growth with revenue of RMB 2.586 billion, up 49.31%, accounting for 53.93% of total revenue and achieving a gross margin of 28.25%. The company's cathode copper plant in the Democratic Republic of Congo was 14.32% complete.
Spotify experienced two global service outages on July 27. The first outage occurred in the early morning, causing login failures, music loading issues, and search problems, which were resolved within about an hour. Hours later, a second outage disabled all core functions globally, including playback, account management, and streaming. The company confirmed a systemic failure and took three hours to restore full service. Third-party monitoring data showed a decline in user error reports.
Shigeru Miyamoto will step down as representative director of Nintendo in June 2025, transitioning to an advisory role. He will continue to participate in the development of Switch 2 games as a creative advisor. In a recent interview, he said he rarely plays games alone but often plays with his grandchildren. He keeps the console at home and helps younger grandchildren clear bosses when they are scared.
SK Hynix plans to begin mass production and shipment of next-generation LPDDR6 mobile memory in the second half of 2026. The product, completed in March 2026, uses a sixth-generation 10-nanometer (1c) process, achieving 10.7 Gbps speed — 33% faster than LPDDR5X — and over 20% lower power consumption through sub-channel architecture and dynamic voltage and frequency scaling (DVFS). The first customer is Chinese brand Xiaomi. SK Hynix also targets the AI server market with 512 GB SOCAMM modules for agentic AI. ChangXin Memory is preparing for DDR6 production but remains years away, giving SK Hynix a market window.
As of week 29 of 2026, iPhone 17 series shipments in China have surpassed the entire iPhone 16 series. The standard model achieved 149% of iPhone 16's same-period shipments, Pro Max 109% (9% growth), Pro 72%, iPhone 17e 64%, and iPhone 17 Air 82%. The standard model features a 120Hz ProMotion display and 256GB base storage at RMB 5,999. Third-party data shows 68% of potential users prioritize high refresh rate, and first-week sales surged 185% year-on-year.
Johnson & Johnson announced on July 27 it has agreed to pay $5.5 billion to resolve about 69,000 US lawsuits alleging its talc-based baby powder caused ovarian cancer. The settlement covers 99.75% of pending cases and requires approval from at least 95% of plaintiffs. The first payment of up to $3 billion is due in 2027, with the remainder after 2028. The company denies the claims and has discontinued talc products globally. The settlement does not cover a separate UK class action.
NHU (Xinhecheng) has indirectly established a wholly owned subsidiary, Xinchang NHU Functional Materials Co. , Ltd. , on July 28. The new company has a registered capital of 30 million yuan and is headed by legal representative Zhou Guiyang. Its business scope includes research and development of new materials, bio-based materials, and electronic specialty materials, as well as sales of civil aviation materials.
Guanghong Technology announced that its liquid cooling server business will gradually enter mass production in the second half of 2024. The company is accelerating production site and line setup while collaborating with clients on technical challenges. It is already involved in manufacturing and testing AI server components such as computing boards, liquid cooling modules, and dedicated power supplies, with plans to expand into server assembly.
Shengyi Technology has started construction of its second factory in Songshan Lake, with a total investment of approximately RMB 5.2 billion. The facility will focus on advanced materials for AI servers, smart automotive electronics, and high-end packaging substrates. Upon completion, it will have an annual production capacity of 48 million square meters of high-performance copper-clad laminates and 100 million meters of commercial bonding sheets.
Leapmotor, through its wholly-owned subsidiary Zhejiang LingSheng Power Technology Co. , Ltd. , has set up Huzhou LingSheng Precision Manufacturing Co. with a registered capital of 210 million yuan (RMB). The new company, led by legal representative Wu Cun, will engage in the manufacturing of auto parts, electronic components, electric motors, industrial robots, and the research and development of intelligent robots.
Yinman Mining, a wholly-owned subsidiary of Xingye Silver Tin, reported a production safety accident at its underground mine on July 26, resulting in one fatality and no injuries. The mining area has been suspended, while the processing plant remains operational. A surface stockpile of 350,000 tonnes of ore can sustain production for about two and a half months. The cause of the accident is under investigation.
The Dongguan Digital Human Body and Smart Sleep Innovation Consortium was inaugurated on July 27 at DeRUCCI headquarters, with about 300 attendees. Academician Yin Zhouping was appointed chief scientist, and DeRUCCI CTO Chen Wenze as administrative chief engineer. The consortium launched its proprietary sleep vertical large model, deployed in the T12 series, enabling sleep report generation, personalized plans, and smart home device coordination. Several top hospitals, including Peking University Third Hospital, established AI research wards for home-clinic bidirectional sleep monitoring. The consortium plans a medical-grade sleep data center targeting millions of ergonomic data models and tens of billions of sleep behavior records for early disease warning.
As of July 27, ten A-share listed companies have terminated their Hong Kong listing plans this year, spanning energy, manufacturing, and consumer electronics. Reasons include prolonged approval processes and control stability concerns. For instance, Xinao Gas withdrew after nearly a year without regulatory approvals, while Broad Ocean Motor cited a controlling shareholder's divorce affecting a 26.82% stake. Meanwhile, 393 companies are awaiting Hong Kong stock exchange hearings, including 107 A-share issuers, as domestic IPO scrutiny tightens and review cycles lengthen.
BYD has launched the Racco, an electric light vehicle in Japan, with an entry-level price below 2 million yen (about 1.58 million Singapore dollars or 96,000 Hong Kong dollars) after including taxes and government subsidies. The Racco has a range of at least 210 kilometers, surpassing the Nissan Sakura's 180 kilometers. BYD aims to secure 10,000 orders by the end of 2026, as the company seeks to expand its foothold in Japan's kei car market dominated by domestic automakers. As of end-2025, BYD's cumulative sales in Japan since its 2023 entry stood at just over 7,400 vehicles.
Honor held an imaging technology press conference in Hengdian on July 28, showcasing film-grade imaging technology developed in collaboration with ARRI, the global film industry brand. The technology covers the entire filmmaking process from shooting to color grading. The two companies will jointly establish an imaging technology lab to embed Hollywood's light and color standards into mobile imaging at the foundational level. The collaboration will first be implemented on the Robot Phone, then extended to the Magic9 series and other products.
Xinhe Semiconductor and Lenovo Group released an EDA Agent at the 2026 Design Automation Conference (DAC) that achieves a full AI closed-loop for PCB design. The tool has been implemented in Lenovo's AI PC motherboard, boosting automated library building efficiency by 50% and SERDES simulation optimization efficiency by over 80%.
Country Garden Services Group Co. , Ltd. and Foshan Hengyuan Enterprise Management Service Co. have jointly established Foshan Jingxing Robot Co. , which was incorporated on July 28 with Zhao Xiaoguang as legal representative. The company's business scope covers service consumer robot manufacturing and sales, smart robot research and development and sales, and industrial robot manufacturing.
Jiangfeng Electronics has established a wholly owned subsidiary, Shaoxing Jingfeng Xintuo Semiconductor Materials Co. , Ltd. , with a registered capital of RMB 10 million. The legal representative is Bian Yijun, and the business scope covers the manufacturing, sales, and research and development of electronic special materials.
Tencent announced on Monday the return of its classic virtual pet service QQ Pet in a redesigned form. The new version features 3D character models driven by the company's in-house Hunyuan Hy3 large language model, which supports natural interactions and proactive responses. The model, based on a mixture-of-experts architecture with 295 billion total parameters and 21 billion active parameters, supports a context window of up to 256,000 tokens and was open-sourced on July 6. The updated QQ Pet retains classic gameplay while introducing new appearances and personality types.