China Executive Insights
Shanghai-based Volant Aerotech has secured over 1,900 orders worth $66 billion for its VE25-100 eVTOL, completed China first manned transition flight, and restructured for IPO.
China Long March 10B world-first sea-based net recovery system eliminates landing legs for higher payload and reliability, using a 144m recovery ship with 0.5m positioning accuracy.
Sungrow launches commercial solid-state transformers for AI data centers, using 800V DC architecture to cut power distribution footprint by 50% and achieve 98.5% peak efficiency.
ChangXin Memory Technologies, or CXMT, has started the issuance process for its STAR Market IPO, with subscriptions scheduled for July 16. The Chinese DRAM maker plans to raise RMB29.5 billion. CXMT is China’s largest DRAM producer and one of the country’s most important memory chip companies, in a market still dominated globally by Samsung, SK Hynix and Micron. The company will issue 6.69 billion shares before any over-allotment option, equal to about 10% of its post-issuance share capital. [TechWeb, in Chinese] Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Your support helps TechNode continue to provide credible, on-the-ground journalism and industry insights about the Chinese tech industry.
Xiaomi EV has opened reservation consultations for SkyNomad, known in Chinese as Xiaomi Pengcheng, its new smart SUV series focused on flexible in-car space. The product line is positioned separately from Xiaomi’s SU7 and YU7 series. The first SkyNomad model is expected to use a flat floor and long-rail seat layout, allowing the cabin to switch between multiple seating and storage configurations. Xiaomi has not disclosed the vehicle’s price or official launch date. [IT Home, in Chinese] Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Your support helps TechNode continue to provide credible, on-the-ground journalism and industry insights about the Chinese tech industry.
Wisson introduces the Flexible Charge automatic charging service engine with zero-second adaptive tolerance, covering public, dedicated, and home EV charging across 130+ vehicle models.
Beijing AI for Science labs deploy autonomous robotic scientists capable of designing experiments, collecting data, and discovering new materials autonomously, marking a shift in research paradigm.
Sugon unveils China first fully domestic 100,000-card AI supercluster, the Dawn 8000, integrating supercomputing and AI computing on a unified architecture connected to the national computing network.
Jiying 2.0-s physics foundation model achieves zero-shot generalization across unseen geometries, materials, and boundary conditions, marking a milestone in physics AI for engineering simulation.
China Long March 10B rocket succeeds on maiden launch and executes the nation first sea-based net recovery of a first-stage booster, joining the reusable rocket club.
DJI on Thursday unveiled the DJI EV50, its first vertical takeoff and landing (VTOL) fixed-wing cargo drone designed for long-range regional transport. The company said the aircraft reached an operating altitude of 8,861 meters during a Mount Everest scientific expedition earlier this year, exceeding the mountain’s summit by 12 meters and setting a new record for high-altitude operations by a VTOL drone. During the 12-day expedition, the EV50 completed 32 flights, including 12 missions carrying atmospheric monitoring equipment. Taking off from Everest Base Camp at an altitude of 5,200 meters, the drone climbed as much as 3,730 meters in a single flight to collect atmospheric data at the designated observation altitude. According to Ye Chunxiang, a professor at Peking University’s College of Environmental Science and Engineering and the expedition’s lead researcher, continuous atmospheric observation above 8,000 meters has long posed technical challenges due to the limitations of manned expeditions, weather balloons, fuel-powered fixed-wing aircraft, and multirotor drones.
Cost-efficient AI models from DeepSeek, Zhipu AI, and Qwen have captured over 20% of OpenRouter's weekly token share, signaling a structural shift in how developers choose AI infrastructure.