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Four years after ChatGPT, Xiaohongshu’s AI restraint gives way to urgency

17 mins read

Pulses

Aito M7 deliveries hit 450,000

just now
Jiemian News
The Harmony Intelligent Mobility Alliance, or HIMA, said cumulative Aito M7 deliveries reached 450,000 units on May 19.

BYD blade battery charges in minutes

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IT Zhijia
Sun Huajun, CTO of BYD's battery business, said the company's second-generation blade battery can charge from 10% to 70% in five minutes without reducing lifespan and maintains performance at -30 degrees Celsius.

Niu revenue rises 33% in Q1

just now
DoNews
Niu Technologies reported Q1 2026 revenue of RMB 910 million, up 33.4% YoY, as electric scooter sales reached 261,624 units and net loss came in at RMB 93.9 million.

SMIC gets approval for stake buy

just now
Huxiu
SMIC received regulatory approval to acquire the remaining 49% of SMIC North for RMB 40.6 billion, making the unit wholly owned through an all-stock transaction.

GigaDevice launches gate drivers

just now
Jiemian News
GigaDevice launched three brushless motor gate drivers on May 19, covering 40-, 120, and 600-volt platforms, with all models reportedly in mass production.

Lalamove files seventh IPO bid

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FunTalk
Lalamove has filed for a Hong Kong IPO for the seventh time, ahead of a November 8 deadline tied to redemption clauses on USD 4.8 billion in convertible preferred shares.

Deep Robotics files Shanghai IPO

just now
DoNews
Deep Robotics has filed for a Shanghai Stock Exchange IPO to raise RMB 2.5 billion after reporting 2025 revenue of RMB 340 million and net profit of RMB 28.68 million.

Bambu Lab faces developer backlash

just now
Huxiu
Bambu Lab drew flak from the open-source community after sending a legal notice to a developer who built a tool to bypass the company’s software restrictions.

Lens Technology to buy Ju Teng stake

just now
Guandian
Lens Technology plans to acquire a 27.81% stake in Ju Teng International for HKD 734 million, then offer HKD 2.2 per share for the remaining shares.

CR Land secures REIT approval

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Guandian
China Resources Land (CR Land) received Hong Kong Stock Exchange approval on May 15 to spin off two shopping malls into a Shenzhen REIT expected to raise RMB 5.41 billion.

Chery names Polish footballer as envoy

just now
Chery
Chinese automaker Chery has appointed Polish professional footballer Robert Lewandowski as its global brand ambassador, the company announced on May 18.

Guilin Bank to delay IPO

just now
Phoenix Business Weekly
Guilin Bank has delayed its IPO timeline by nearly one year while it works through property title issues and pending litigation.

SigmaStar targets LiDAR output

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36Kr
SigmaStar Technology expects mass production of its automotive LiDAR chips by 2027, targeting ten million units in shipments after domestic vehicle deployments.

Alibaba to unveil new Qwen product

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36Kr
Alibaba Cloud will introduce a new product for its Qwen large model family during its May 20 summit.

Tencent opens Ardot public beta

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36Kr
Tencent has launched public beta testing for Ardot, an AI-powered design platform that reportedly generates editable drafts from natural language and supports Figma imports.

Baixin Bank profit falls 31%

just now
Jiemian News
Baixin Bank reported 2025 net profit of RMB 453 million, down 30.58% YoY, citing a RMB 3.58 billion credit impairment loss as advertising spending rose 103%.

Xiaomi phone shipments fall 35%

just now
Jiemian News
Xiaomi’s China smartphone shipments fell 35% in Q1 2026, pushing the company out of the domestic top five as hardware costs rose and new releases slowed.

Hwatsing wins repeat chip order

just now
Jiemian News
Hwatsing said it has secured a repeat order from a major Chinese chipmaker for its Mast-BN300, a 12-inch wafer edge polishing tool used in advanced process manufacturing.

Ecovacs, Roborock profits fall

just now
TMTPost
Ecovacs and Roborock reported lower Q1 2026 profits despite revenue growth, as competition, subsidy rollbacks, and high customer acquisition costs weighed on margins.

Shimai Pharmaceutical files IPO

just now
36Kr
Zhejiang's Shimai Pharmaceutical has submitted an IPO application to the Hong Kong Stock Exchange, with Huatai International as sole sponsor.
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