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Alice Ye

Senior editor with 15 years in news and financial media. Covers China's AI, electric vehicles, and robotics, with a focus on industry trends, technological innovation, and capital markets.

MINISO's Net Profit Falls Over 30% in Q3 Despite Revenue Growth, TOP TOY Doubles Sales

MINISO reported a sharp decline in net profit for the third quarter of 2025 despite beating revenue guidance, as aggressive global expansion and direct store investments weighed on margins. The Chinese lifestyle retailer's net profit attributable to shareholders dropped 31% year-on-year to RMB 441 million ($61

Agibot Launches "LinkSoul" Platform to Democratize Humanoid Robot Personality Configuration

Shanghai-based robotics startup Agibot officially released "LinkSoul" on November 24, 2025, a software platform designed to enable the comprehensive customization of humanoid robot personalities, voices, and cognitive behaviors through a low-code interface. The platform, characterized by the company as a "robot soul customization factory,"

Alibaba's Qwen AI App Hits 10 Million Downloads in First Week, Outpacing ChatGPT Launch

Alibaba's Qwen AI assistant app has surpassed 10 million downloads within its first week of public testing, becoming the fastest-growing AI application to date and outstripping the initial uptake of ChatGPT, Sora, and DeepSeek. The milestone marks a significant shift in the global AI landscape as Chinese

Huawei to Launch Mate 80 RS Ultimate Design with Redesigned Premium Features

Huawei Technologies is preparing to unveil a revamped flagship device with significant design changes and enhanced specifications, according to recent reports from technology media outlets. According to a report published by technology news site HuaweiCentral on November 23, 2025, the upcoming Mate 80 RS Ultimate Design will mark a departure

China's Moore Threads Launches IPO as Domestic GPU Market Leader

Moore Threads, positioning itself as China's first publicly traded GPU maker, opened its subscription today with the highest initial public offering price of any new stock this year. The company is issuing 70 million shares at RMB 114.28 per share, aiming to raise approximately RMB 8 billion

BYD's Liu Xueliang on Cracking Japan's Kei-Car Market with Light EVs

BYD Japan has unveiled its strategy to transform Japan's automotive landscape with the introduction of a light electric vehicle (EV) specifically designed for the Japanese market. In an interview published by Nikkei Chinese on November 23, 2025, Liu Xueliang, President of BYD Japan and Head of BYD Asia-

Chinese Humanoid Robot Sets Guinness World Record with 106-Kilometer Cross-Provincial Walk

A humanoid robot developed by Chinese robotics company Agibot has secured a Guinness World Record after completing a 106-kilometer journey from Suzhou to Shanghai, marking the longest distance ever walked by a humanoid robot. The achievement demonstrates a significant milestone in robotics reliability and brings commercial applications of humanoid

Xiaomi Auto Unveils Enhanced HAD Driving Assistance System with Reinforcement Learning

Xiaomi Auto officially launched its "Xiaomi HAD Enhanced Version" driving assistance system at the Guangzhou Auto Show on November 21, marking a significant technological advancement in the company's automotive capabilities. The upgrade represents the first deployment of reinforcement learning combined with world model training methods, following

NIO's William Li Says China's EV Shakeout May Take a Decade to Reach Equilibrium

NIO Inc. founder, chairman and CEO William Li said the smart electric vehicle competition has entered what he described as the "finals stage," emphasizing that survival and steady development will be crucial as the industry's true equilibrium may not emerge for another 10 years. Speaking at

China EV Maker Behind DENAGO, GOTRAX Eyes HK IPO After 200% A-Share Rally

Taotao Vehicle Co. Ltd., a manufacturer of electric low-speed vehicles from China's Jinyun County, has launched its second attempt at capital markets, filing for a Hong Kong Stock Exchange listing two years after its successful Shenzhen debut. The company, which ranks second globally in electric low-speed