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Longi Green Energy expects a net loss of RMB 3.4–3.8 billion for H1 2026, marking its 11th consecutive quarterly loss. The company is pivoting to back…

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Longi Green Energy expects a net loss of RMB 3.4–3.8 billion for H1 2026, marking its 11th consecutive quarterly loss. The company is pivoting to back contact battery technology to navigate industry overcapacity, while Hillhouse Investment has exited its top 10 shareholder list.

Z.ai has opened a flagship store on Tmall offering standardized GLM Coding Plan subscriptions. The company is using the e-commerce channel to package AI services as consumer products as its open platform and API business expands. Those services accounted for 86.5% of H1 2026 revenue.

Xiaohongshu launched its cross-border e-commerce project Redshop in July, focusing on curated products such as handicrafts and design-oriented goods. The invitation-only platform uses direct shipping and AI-assisted translation and is positioned differently from broad-market platforms such as Temu and TikTok Shop.

Unitree Robotics launched the G1+ humanoid robot on September 14, with the standard model priced at RMB 95,000. Upgrades include a new neck structure, higher joint torque, improved thermal management, enhanced visual and tactile sensing, and better long-range voice interaction. Battery life remains about two hours.

Dreame reportedly saw about 10,000 employees leave or lose their jobs between June and the end of August. The company has reportedly dissolved its AI smart lock unit and sharply reduced its home appliance R&amp;D team, while retaining selected sales, supply chain, and support functions.

WeRide reported an H1 2026 net loss attributable to shareholders of RMB 790 million. Revenue rose 73.3% YoY to RMB 346 million, while gross profit increased 107% to RMB 126 million. Gross margin reached 36.6%.

GAC Group signed a letter of intent with FAW to acquire part of FAW’s stake in an undisclosed vehicle manufacturing joint venture through a share issuance. If completed, FAW is expected to become GAC’s second largest shareholder. The proposed transaction remains subject to further agreements and regulatory approvals.

Bilibili reported Q2 2026 revenue of RMB 7.94 billion, up 8% YoY, with advertising revenue rising 28% and becoming its largest revenue source. The company also announced plans to issue USD 700 million in zero-coupon convertible bonds to support AI and other business investments.

GL Ventures partner Yan Wentao is reportedly the leading candidate to become DeepSeek’s CFO and is undergoing resignation procedures at the investment firm. DeepSeek founder Liang Wenfeng has reportedly sought a finance chief born after 1990 as the company advances its capital market plans.

Pony.ai unveiled a new Level 4 autonomous heavy-duty truck at IAA Transportation 2026. Developed with GAC Commercial Vehicle, the battery electric model is part of Pony.ai’s fourth-generation robotruck platform and is scheduled to enter mass production later in 2026.

Leapmotor said cumulative production of its B01 and B10 models surpassed 300,000 units on September 14. The milestone took 18 months, the fastest for any Leapmotor series. The B10 also became the company’s fastest model to reach 60,000 cumulative exports.

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SenseTime sees visual understanding and controllable generation as steps toward AI that can reason and act across physical environments.

Multimodal AI breakthrough could come within two years, SenseTime scientist says

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The revised partnership gives Seres greater control of Aito while keeping the brand within Huawei’s HIMA ecosystem.

Seres takes the lead at Aito as Huawei reshapes its role

IPO Zaozhidao is a Chinese media outlet that provides timely coverage of IPO developments and related market signals.

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CATL manufactures batteries that power electric vehicles, energy storage, and renewable energy infrastructures globally.

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The move comes as Europe increases regulatory scrutiny of the company's expanding footprint.

CATL tightens supplier scrutiny in push for carbon-neutral EV batteries

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Longi Green Energy reports H1 loss

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