Goodix Technology on July 27 launched the GR511x, a single-chip solution for continuous glucose monitoring (CGM). The chip integrates a Bluetooth Low Energy radio and an electrochemical sensor analog front end (AFE), enabling customers to build CGM products that are miniaturized, highly accurate, and power-efficient. The solution supports thinner designs and volume production for next-generation CGM devices.
Maccura Biotechnology and bioMérieux have signed a strategic cooperation agreement focused on the integration of intelligent laboratory ecosystems. The partnership aims to explore deep integration of products and technologies, leveraging complementary advantages for system synergy.
Spanish AI company Multiverse Computing announced in 2026 the completion of a EUR 500 million Series C round at a pre-money valuation of EUR 1.5 billion, making it a unicorn. The round was co-led by Forgepoint Capital International, BNPP SIVF and Bullhound Capital, with other investors including Santander, Tikehau, HP Inc. , Orange Ventures, and others. Total funding reaches EUR 701.3 million. The company's CompactifAI technology compresses AI models by 80% to 95% with minimal accuracy loss. Since its Series B in June 2025, annualized revenue has grown more than tenfold, and Q1 2026 sales surged 96 times year-on-year. The funds will be used to expand its efficient model library, R&D, sovereign AI factory infrastructure, and presence in key markets.
Volkswagen Group reported H1 2026 operating profit of 5.931 billion euros, down 11.6% year on year, with operating margin narrowing to 3.8% from 4.2%. Net profit after tax dropped 30.7% to 3.1 billion euros. Global deliveries fell 6.3% to 4.1 million vehicles, while China deliveries plunged 25.9% to 971,000. The company faces mounting challenges from geopolitical risks, trade conflicts, and intensifying competition, particularly from Chinese automakers whose European market share reached 12.0% in May 2026, surpassing Japanese brands. Volkswagen plans to reduce its global annual capacity to 9 million vehicles and streamline its product lineup.
Benxi Steel Plate Co. , Ltd. has fully redeemed all of its convertible corporate bonds, marking the completion of its redemption obligations. The company confirmed that all issued convertible bonds have been paid off, concluding the program.
Trina Solar has wholly established Changhe Intelligent Technology Co. , Ltd. in Qingyang, Gansu, with a registered capital of 20 million yuan (2000 wan). The company will engage in satellite remote sensing data processing, AI application software development, AI public data platforms, and internet security services. It is wholly owned by Jiangsu Tianhe Computing Technology Co. , a Trina Solar subsidiary.
Kayou has launched its first independently incubated original trendy IP, Hari&Hacci, co-created with artist Meng Mei, whom it has signed as an exclusive artist. The company established a new trendy toy brand, OYYO, and will debut the IP with enamel plush dolls at the QDF Shanghai International Trendy Collection Exhibition in August. In 2024, Kayou's revenue exceeded RMB 10 billion, up nearly 300%, with trading card gross margin at 71.3%. Doll revenue was RMB 321 million (3.2% of total), other toys RMB 1.023 billion (10.2%), and stationery RMB 513 million (5.1%).
Jin Xiaojian, former Party secretary and chairman of Offshore Oil Engineering Co. , Ltd. , a subsidiary of China National Offshore Oil Corporation (CNOOC), is suspected of serious violations of discipline and law. He is currently under disciplinary review by the Central Commission for Discipline Inspection and the National Supervisory Commission's team at CNOOC, along with supervisory investigation by the Yingkou City Supervisory Commission in Liaoning Province.
Binjiang Group has established a new real estate development subsidiary, Hangzhou Binjia Real Estate Development Co. , Ltd. , in Hangzhou. The company has a registered capital of RMB 100 million and is indirectly wholly owned by Binjiang Group. Liu Qi is the legal representative, and its business scope includes real estate development and operation.
Wang Mingyang, former deputy Party secretary and vice president of Offshore Oil Engineering Co. , Ltd. , is under investigation for suspected serious violations of discipline and law. The probe is conducted by the Central Commission for Discipline Inspection and the National Supervisory Commission discipline inspection team at China National Offshore Oil Corporation, together with the Tianjin Municipal Supervisory Commission.
Goldwind Technology's wholly-owned subsidiary, Ningbo Tianshuo New Energy Investment, has co-founded Hengfeng Lvneng (Shanghai) New Energy Co. , Ltd. with a registered capital of RMB 100 million. The company will engage in power generation, transmission and distribution, as well as wind, solar and energy storage technology services. The venture is also jointly held by Donggang Haitou Energy Technology.
Samsung Electronics’ mobile experience division is considering using Chinese-made DRAM in low-end and mid-range smartphones sold in China, including Galaxy A series models, to offset rising component costs. The company plans to adopt lower-cost Chinese LPDDR5X memory amid pressure on margins. Samsung’s China smartphone market share has fallen to 0.6%. The specific supplier and final procurement decision remain uncertain.
Tinci Materials has begun supplying sodium-ion battery electrolyte and an integrated solution including sodium hexafluorophosphate and NaFSi to top companies such as CATL. The company plans to build supporting production capacity to ensure supply as demand for sodium-ion battery electrolytes emerges.
Jianyou Co. , Ltd.' s wholly owned subsidiary Emerge Bioscience Pte. has obtained U. S. Food and Drug Administration (FDA) approval for its Biologics License Application (BLA) for insulin aspart injection. The product is indicated to improve glycemic control in adult and pediatric patients with diabetes.
Eoptolink Technology issued a positive interim earnings forecast, but its shares have fallen about 50% from their historical high. The company attributed the decline to reliance on imported high-end optical chips, particularly EML chips for 1.6T optical modules, leading to uncontrollable cost fluctuations.
Tohoku Electric Power announced on the 27th that construction of the dry storage facility at the Onagawa nuclear plant in Miyagi Prefecture will be delayed from July to September, marking the second postponement after an initial delay from May. The company cited the Nuclear Regulation Authority's ongoing review as the reason. The facility will comprise two buildings capable of storing up to 1,380 fuel assemblies. The first building is scheduled to start operations in March 2028, with construction of the second building beginning in August 2030, unchanged from the original plan.
Kaiyodo, a leading Japanese figure manufacturer, opened a direct store in Osaka's Shinsekai area on July 17. The store, named Kaiyodo Hobby Lobby Osaka, aims to attract inbound tourists and promote the company's modeling culture. It offers latest and classic products including figures, plastic models, and capsule toys, along with a display area and workshops. The company started in 1964 and previously closed a direct store in Kadoma in November 2025.
The European Commission on July 24 issued a preliminary investigation conclusion to TikTok, stating that the platform's minor account settings fail to meet the safety standards of the Digital Services Act. The Commission's finding is part of its enforcement of the DSA. Separately, TikTok has faced cumulative fines of more than 900 million euros from EU regulatory bodies over the past three years.
Northern Copper's controlling shareholder, Zhongtiaoshan Group, has committed to transferring its equity in Hujiayu Mining Company and the associated peripheral mining rights of the Hujiayu Copper Mine to Northern Copper within 24 months of obtaining those rights. However, the mining rights procedures are currently incomplete, and the conditions for injecting the assets into the listed company are not yet satisfied.
Meituan announced on July 27 the launch of CatPaw, an enterprise AI platform offering an out-of-the-box AI workbench and enterprise-grade agent development and hosting capabilities. The platform has been deployed internally across 90,000 employees, with over 30,000 agents built. CatPaw has completed validation in real-world scenarios including dining, beauty, and pet hospitals.
The Thai Court of Appeal for Specialised Cases on July 8, 2026 upheld a landmark ruling in favor of Luckin Coffee, finding the defendant guilty of bad-faith trademark registration. The court ordered cancellation of the disputed trademarks, a permanent injunction, and compensation of over 95 million baht (about $3 million), the highest in Thai IP history. The defendant had previously counterclaimed for 100 billion baht. The judgment is the first to formally recognize the concept of bad-faith trademark preemption in Thailand.
Thai Tiansi's Guangzhou Yaoneng Energy Drink Co. , Ltd. was fined 800,000 yuan by the Guangzhou Yuexiu District Market Supervision Administration after multiple inspections found its Red Bull Vitamin Taurine drink failed to meet the company's self-declared pantothenic acid standards. Only 203 cans from one batch were successfully recalled, while two other batches were not. Yangyuan Beverage, the distributor in northern China and seller of the taurine drink, reported a 33.8% revenue increase for that product line in 2025 but an overall 11.9% revenue decline and net profit drop of 26.8%.
Serbia-Hungary-based insurtech Ominimo has closed a 20.1 million euro ($23 million) Series B round led by the European Bank for Reconstruction and Development's venture arm, valuing the company at 1.4 billion euros ($1.6 billion) and granting it unicorn status. The profitable company, founded in 2024, will use the funds to accelerate growth rather than for daily operations. Ominimo reported rapid premium growth from about 26.3 million euros in 2024 to 157.8 million euros in 2025, and currently around 306.8 million euros.
Fuju Food Group, an Osaka-based food-service chain, invited 30 hearing-impaired students and their parents from two support schools to view the Tenjin Festival fireworks on July 25. The event, held from a special viewing area near the launch site, was organized by President Masahiro Fujio to ensure inclusivity. The company has held the event annually since 2016, except during the COVID-19 pandemic, and aims to foster social connections through disability employment and shared happiness.
CIMC Enric subsidiary Nantong CIMC Pacific Offshore Engineering has signed a batch of new clean energy vessel orders worth about RMB 3.388 billion from multiple international and domestic clients. The orders include LNG bunkering vessels, other liquefied gas carriers, feeder container ships, and marine fuel tanks. The company's total orders in hand now stand at about RMB 23.735 billion, a record high, with production scheduled through 2029.
According to an IDC report, Alibaba Cloud captured a 37% market share in China's AI game cloud model services and AI applications market in 2025. The report highlights a shift in game industry demand from raw computing power to models and AI applications. An increasing number of game companies are leveraging the Qianwen model to develop customized models tailored to game scenarios, prioritizing business innovation and player experience.
Times Green Energy Co. , Ltd. , a wholly owned subsidiary of Contemporary Amperex Technology Co. (CATL), has increased its registered capital from RMB 2 billion to RMB 3.5 billion. The company, founded in 2006, focuses on research and development for offshore wind power, wind farms, emerging energy technologies, and online energy monitoring.
Zhongqi Co. , Ltd. said it will acquire a stake in Ningbo Qianwan New Area Xinwan Intelligent Technology Service Co. through a capital increase and share expansion to operate the Ningbo Test Field project. The project, currently under construction, is scheduled to be completed and start operations in 2029. Upon commencement, Zhongqi will dispatch a management team to oversee daily operations.
Tesla reported a 57% drop in second-quarter 2026 operating profit to $398 million, with operating margin falling to 1.4% from 4.1%. Free cash flow turned negative at -$1.09 billion for the first time in over two years as capital expenditure surged 142% to $5.79 billion. The earnings miss sent shares down 14.52%, wiping out $214.5 billion in market capitalization. The automotive gross margin excluding credits was 16.3%, and Model 3/Y accounted for over 97% of deliveries. Regulatory credit revenue fell nearly 70% to $146 million.
On July 27, 2026, Guangdong Xiangyu Xinmei New Materials Co. , Ltd. was established, co-owned by Xiamen Xiangyu Nonferrous Metals Co. , a wholly-owned subsidiary of Xiamen Xiangyu, along with other parties. The new company's business scope covers sales of high-performance non-ferrous metals and alloy materials, metal materials, metal products, and building materials.