Management

Gree Group Aims to Further Tap NEV Sector With 20% Stake in Changyuan Group

Gree Group Aims to Further Tap NEV Sector With 20% Stake in Changyuan Group

China’s Gree Electric Appliances Inc., the world’s largest producer of air conditioners, aims to spend CNY5.2 billion (USD823 million)…

May 17, 2018
Liao Shumin
UGG Plans Brand Makeover in China

UGG Plans Brand Makeover in China

UGG and its parent company Deckers Outdoor Corp., long-regarded as makers of premium snow boots, aim to reposition in the Chinese market as a comprehensive fashion brand.

May 16, 2018
Lv Jingyu
Shanghai Putailai to Open Lithium Battery Parts Factory in Inner Mongolia

Shanghai Putailai to Open Lithium Battery Parts Factory in Inner Mongolia

Lithium-ion battery anode maker Putailai New Energy Technology Co. will set up a processing factory in China's northern Inner Mongolia Autonomous…

May 16, 2018
Tang Shihua
360 Security Plans USD1.7 Billion Private Placement to Fund AI, Big Data

360 Security Plans USD1.7 Billion Private Placement to Fund AI, Big Data

360 Security Technology Inc. is planning a private placement of shares to raise nearly CNY10.8 billion (USD1.7 billion) as the…

May 16, 2018
Liao Shumin
Airbus Sends Team to Assist Sichuan Airlines Windshield Blowout Probe

Airbus Sends Team to Assist Sichuan Airlines Windshield Blowout Probe

Airbus SAS has sent a technical team to help Chinese and French authorities investigate how a cockpit windshield separated mid-flight from an A319 operated by Chinese carrier Sichuan Airlines.

May 16, 2018
Liao Shumin
China's Jiayou Logistics Plans to Establish Subsidiary in Singapore to Extend Global Reach

China's Jiayou Logistics Plans to Establish Subsidiary in Singapore to Extend Global Reach

China’s Jiayou International Logistics Co. will invest USD5 million to establish a wholly-owned subsidiary in Singapore to expand its overseas markets, particularly in Southeast Asia and Africa.

May 14, 2018
Tang Shihua
Foxconn to Break Ground on USD10 Billion Wisconsin Factory Next Month

Foxconn to Break Ground on USD10 Billion Wisconsin Factory Next Month

Hon Hai Precision Industry Co., better known as Foxconn and the largest contracted iPhone maker, plans to start building its…

May 14, 2018
Liao Shumin
Coolpad Sues IPO-Ready Xiaomi for Patent Infringement

Coolpad Sues IPO-Ready Xiaomi for Patent Infringement

A unit under smartphone maker Coolpad Group Ltd. is suing Xiaomi Inc. and its affiliates for patent infringement just a week after the accused filed to go public in Hong Kong.

May 11, 2018
Liao Shumin
JD.Com Misses First-Quarter Profit Expectations After Chasing New Retail

JD.Com Misses First-Quarter Profit Expectations After Chasing New Retail

JD.Com Inc., China's second-largest online retailer, yielded lower-than-expected profits in the first quarter after stepping up investment in physical stores,…

May 9, 2018
Liao Shumin
Pret Composites Forms New Unit to Develop Heat-Resistant Materials

Pret Composites Forms New Unit to Develop Heat-Resistant Materials

Shanghai Pret Composites Co. is partnering up with Shanghai Bantai Enterprise Development Center Ltd., a partnership comprising core members of…

May 9, 2018
Tang Shihua
Bike-Sharing Giant Ofo’s Bicycle Orders From Shanghai Phoenix Falls 60% on New Rules, Competition

Bike-Sharing Giant Ofo’s Bicycle Orders From Shanghai Phoenix Falls 60% on New Rules, Competition

China’s leading shared-bike services provider Beijing Bikelock Technology Co., better known as Ofo, has failed to keep up with the…

May 7, 2018
Xu Wei
Lifan Looks to Raise USD390 Million to Power NEV Push

Lifan Looks to Raise USD390 Million to Power NEV Push

Chinese carmaker Lifan Industry Group Co. is mulling a private offering of 261 million shares to raise up to CNY2.48 billion (USD390 million) as it looks to crack the new-energy vehicle sector.

May 7, 2018
Liao Shumin

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