Technology
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Xinyi Information Technology nets nearly RMB200m in Series A+ round
Xinyi Information Technology has garnered nearly 200 million yuan in a Series A+ round of financing. This round was led by CTC Capital Partners, with participation from SinoWisdom and three existing investors Frees Fund, Oriental Jiafu Asset Management and Septwolves.
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Dream Ink Technologies nets nearly RMB100m Series A+ round
Dream Ink Technologies has garnered nearly 100 million yuan in a Series A+ round of financing from Maison Capital, Zhongji Investment and other participating investors. This round of financing continues to open.
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Ant Financial and computer federation set up a research fund
Recently, Ant Financial Group and China Computer Federation (CCF) reached a strategic cooperation and jointly established a research fund.
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Ziroom and TCL Industrial set up a joint innovation lab in Shenzhen
Ziroom and TCL Industrial Holdings have jointly established a joint innovation laboratory in Shenzhen.
According to the introduction of Ziroom, the Joint Innovation Lab is based on the design of Ziroom’s intelligent whole-house product “Zhengzu 4.0”. -
Geely’s subdiary sells mini satellite at RMB10 mln with worldwide shipping
Recently, GeeSAT-10(01), a cube satellite developed by Shikongdaoyu.com, which is a Geely-owned company, had its debut on a Douyin live channel and started sales to the public.
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Vivo’s Beijing R&D Center opens to accelerate application of 5G technologies
On June 10, Vivo’s Beijing R&D Center settled in the IT Industrial Park of Electronic Zone.
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Lingxi Technology nets tens of millions of yuan in Series A+ round
The enhanced intelligence company Lingxi Technology has secured tens of millions of yuan in a Series A+ round of financing.
Founded in 2018, Lingxi Technology is a platform company dedicated to using AI technology to enhance human resource productivity. -
Spring Rain Doctor receives new strategic investment from Sogou
Beijing Spring Rain Software Co Ltd (Spring Rain Doctor) undergoes a business registration change, and Sogou’s operating body, Beijing Sogou Information Services, becomes a new shareholder. In the meantime, Sogou CEO Wang Xiaochuan has also become a new board member of Spring Rain Doctor.
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China’s tech contracts value exceeds 2 trillion yuan for the first time
The total volume of China’s contracted technology transactions exceeded 2 trillion yuan for the first time, hitting a record 2. 23984 trillion yuan in 2019, up 26.6 percent over the previous year, according to the data released by the Ministry of Science and Technology.
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Risong Technology launches IPO at Shanghai STAR Market
Risong Technology (688090: SH), a smart-machine and solution provider, was listed on Shanghai STAR Market. The company raised RMB463.94605 million in an offering of 16.84 million shares at 27.55 yuan apiece. Risong Technology closed at CNY 100.01 apiece, 263.01% higher than its issuance price.