Automakers are accelerating the research and development of their own chips! Great Wall Motor's chip company has established a presence in Nanjing.

① Recently, Great Wall Motor signed a strategic cooperation agreement with Nanjing Jiangbei New Area, and the RISC-V automotive chip design company cultivated by Great Wall Motor, Zijing Semiconductors, established its presence in Nanjing Jiangbei New Area; ② In recent years, domestic car manufacturers, both new forces in vehicle manufacturing and traditional car companies, have been actively engaged in chip research and development.

cls.cnDec 28 08:59 ET

Anhui Fuhuang Steel Structure: Merging to position itself in the high-speed vision track, no further expansion in the steel structure business | Company research.

① The head of Anhui Fuhuang Steel Structure's Business stated that there will no longer be significant investments in the steel structure business, and the high-speed vision business will become the focus of the company's development; ② The high-speed vision Industry is a XINXINGCHANYE. From the bid amount, Zhongke Shijie occupies 49% of the Global bid amount for high-speed cameras in December, an increase of 8 percentage points year on year.

cls.cnDec 26 06:13 ET

2024 Year-End Review | Honda and Nissan Merger, Volkswagen "Internal Slimming" Global Car Market Faces Layoffs and Factory Closures Frenzy.

On December 23, Honda Motor and Nissan Motor jointly announced that they have signed a memorandum of understanding regarding a merger, which will officially initiate merger negotiations; Previously, Volkswagen issued a statement that it would reduce more than 0.035 million employees at its German factories by 2030; According to incomplete Statistics by reporters, in just a few months approaching the end of the year, nearly 10 companies in the Global automotive Industry are experiencing painful layoffs or have already made corresponding decisions.

cls.cnDec 23 20:37 ET

A consortium including CRRC Corporation has won a $5.6 billion contract for metro construction in Dubai.

① The new metro contract in Dubai has been awarded to a consortium of Turkish and Chinese companies, with CRRC Corporation responsible for the railroads system; ② The blue line spans a total length of 30 kilometers, has three transfer stations, and upon completion, will cross the Dubai River for the first time through a 1300-meter-long bridge; ③ The blue line project is expected to generate a benefit-cost ratio of 2.60 by 2040, with anticipated total revenues exceeding 56.5 billion dirhams.

cls.cnDec 19 22:25 ET

Another photovoltaic leader is heading to the Middle East. JA Solar Technology plans to invest 4 billion yuan to build Battery component production capacity in Oman | Quick read announcement.

① After planning projects in Egypt, JA Solar Technology announced plans to invest in Oman to build a project with an annual production capacity of 6 GW of high-efficiency Battery cells and 3 GW of high-power Battery modules, with a total investment of nearly 4 billion yuan; ② The Middle East and North Africa region has become a new destination for photovoltaic export, with many Chinese companies officially announcing plans and progress, aiming for production as early as 2025.

cls.cnDec 19 10:47 ET

Tuesday, Tech Pulls Back, While Traders Await FOMC Rate | Wall Street Today

Moomoo Recap USDec 17 16:03 ET