Shenzhen-based smart glasses company Ewen Technology has completed a $150 million funding round, valuing the company at over $1 billion post-investment.
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Zhang Yuhang, Beijing Municipal Bureau of Economy and Information Technology: Developing the word-based economy and exploring business models such as quantity-based pricing, performance-based payment, and subscription-based hosting.
According to Mars Finance, Zhang Yuhang, a second-level inspector of the Beijing Municipal Bureau of Economy and Information Technology, stated on July 8th that the next step will be to create a new form of intelligent economy. This includes developing a word-based economy, building word-based factories, and exploring business models such as quantity-based pricing, performance-based payment, and subscription-based hosting; accelerating research and development of key technologies for embodied intelligence and robot products, and improving the systematic evaluation capabilities of robots; supporting the innovative development of intelligent terminals such as smartphones, smart computers, smart glasses, and smart homes, and improving the pilot-scale testing service system. (Beike Finance)
Phyto-intelligence company Opto-Elephant Technology has completed hundreds of millions of yuan in angel round financing.
Recently, Guangxiang Technology announced the completion of its angel round of financing, totaling hundreds of millions of yuan. This latest round saw deep participation from leading financial and industrial investment firms, including Zhuhai Science and Technology Industry Group, Xingzheng Capital, Songhe Capital, Shunxi Fund, Muhua Kechuang, See Fund, Yichen Capital, and listed company Xingyun Technology. Existing shareholders 01VC and L2F Light Source Entrepreneur Fund also continued to invest. It is understood that this round of funding will be primarily invested in the research and development of physical native base models and the commercial delivery of embodied intelligent robot products. (Daily Economic News)
Linkage Technology: First-half net profit expected to increase by 73%-139% year-on-year; semiconductor testing equipment industry continues to enjoy upward momentum; company has ample order backlog.
According to Mars Finance, LianDong Technology (301369.SZ) announced that it expects its net profit attributable to shareholders of the listed company for the first half of 2026 to be between RMB 21 million and RMB 29 million, representing a year-on-year increase of 73.39%-139.44%. The performance change is mainly attributed to strong demand from downstream application areas such as AI, high-performance computing, and new energy vehicles, leading to a continued upward trend in the semiconductor testing equipment industry. The company seized the strategic window of domestic substitution for semiconductor testing equipment, leveraging its technological accumulation and brand advantages to vigorously expand the market. During the reporting period, the company had a sufficient order backlog, achieving steady growth in operating performance. Note: The company's Q2 net profit is expected to be between RMB 18 million and RMB 26 million, compared to RMB 3 million in Q1. Based on this, Q2 net profit is expected to increase by 415%-649% quarter-on-quarter. (Cailian Press)
Shenhao Technology established a smart computing technology company with a registered capital of 50 million yuan.
According to Mars Finance, Tianyancha App shows that Hangzhou Shenhao Intelligent Computing Technology Co., Ltd. was established on July 7. The legal representative is Tao Zhifeng, the registered capital is 50 million RMB, and the business scope includes technical services, technical development, technical consulting, technical exchange, technology transfer, technology promotion, digital technology services, data processing and storage support services, cloud computing equipment technical services, big data services, artificial intelligence industry application system integration services, etc. It is wholly owned by Shenhao Technology.
Shenzhen Huaqiang: The company is the general distributor of Huawei computing components (including Ascend and Kunpeng).
According to Mars Finance, Shenzhen Huaqiang (000062.SZ) released an investor relations activity record announcement. The company is a major authorized distributor of Murata globally and has recently observed increased customer orders, increased inventory replenishment, and proactive restocking. For some out-of-stock models, the company prioritizes meeting the procurement needs of major customers. The company is also the general distributor of Huawei computing components (including Ascend and Kunpeng) and will continue to promote the technology and products of Huawei computing components, actively assisting Huawei in building its computing power ecosystem. Shenzhen Huaqiang Intelligent Computing Technology Co., Ltd. is a recently established company, positioned as a comprehensive AI computing power service provider. In the future, the company's main development direction will be centered on Huawei computing components (including Ascend and Kunpeng), collaborating with various partners to provide chips, modules, and other products to the domestic AI industry, while simultaneously providing end-to-end capabilities such as customized solutions, technical services, and supply chain support, jointly building a domestic AI full-stack ecosystem covering the edge, cloud, and device. (Cailian Press)
Novartis acquires British biotechnology company Myricx Bio for $1.5 billion
Novartis has agreed to acquire Myricx Bio, a UK-based cancer treatment group, in a deal that could be worth up to $1.5 billion, marking the latest acquisition of a British biotechnology company by a foreign firm. (Sina Finance)