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Wang Xingxing stated that "this year humanoid robots will reach a new level," Zhejiang XCC Group plans to invest 1.5 billion in the screw project | Brief announcement.
① After expanding the screw rod production capacity by changing part of the fundraising projects in September last year, Zhejiang XCC Group plans to invest 1.5 billion yuan to construct projects such as planetary roller screws; ② Zhejiang XCC Group stated that the past two years have been an important stage for the company's business transformation and upgrading, focusing on the new screw rod business; ③ Recently, Wang Xingxing, the founder of Yushu Technology, mentioned that the entire AI humanoid robot is expected to reach a new level by the end of this year.
Investing in industry funds + establishing a joint venture, Cathay Biotech Inc. "leverages" Contemporary Amperex Technology and Hefei State Assets.
① Behind Cathay Technology are two major giants, Cathay Biotech Inc. and Contemporary Amperex Technology. ② Cathay Technology mainly engages in the research, production, and sales of products applying Cathay Biotech Inc.'s polyamide composite materials in the fields of power batteries, energy storage, and other New energy areas. ③ The招商凯赛新材料基金 (Zhaoshang Cathay New Materials Fund), co-founded by Cathay Biotech Inc., Hefei State-owned Assets, and China Merchants Shekou Industrial Zone Holdings, was established with a registered capital of 0.65 billion yuan.
Apple entering the foldable smartphone market is expected to bring significant incremental Orders to related manufacturers.
Market news indicates that Apple plans to finalize the supply chain for the foldable iPhone by April this year and expects to begin large-scale production of related components in the second half of this year. This phone is expected to be released in the second half of 2026.
The main line of Technology continues to evolve, and the AI computing power sector is expected to gain strength.
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1 euro sells off 6 European subsidiaries, Ningbo Huaxiang Electronic aims to solve the long-term losses in its Europe Business.
① Ningbo Huaxiang intends to sell Ningbo Huaxiang Europe, which includes six companies in Germany, Romania, and the United Kingdom, with a preliminary transaction price set at 1 Euro; ② Since 2014, Ningbo Huaxiang's European Business has been suffering from significant losses for a long time, greatly affecting the overall development of the listed company; ③ Currently, Ningbo Huaxiang implements a long-term Global Strategy of "expanding in North America, reducing in Europe, and stabilizing in China."
Tesla is ready to deploy FSD functionality in China, with Asia Vets driving new growth.
① Informed sources revealed that Tesla is preparing a software update for Chinese customers to provide driving assistance features similar to those of the "Full Self-Driving" (FSD) in the USA market. ② China International Capital Corporation's Research Reports indicate that 2025 is expected to be a significant year for the quality development of intelligent driving, with the dual potential positive catalysts of Tesla's FSD entering China and Robotaxi being one of the main themes for the entire year.