China Aviation Industry Corporation (AVIC) and partners established AVIC Zhipu (Chengdu) Technology Co., Ltd. with registered capital of 205 million yuan, focusing on electrical instruments, electronics, and import-export business.
Hangzhou Xinyun Semiconductor Group's registered capital increased from 1.3 billion to 1.35 billion yuan, a 4% rise. The company, established in 2020, is wholly owned by Hangzhou Langxun Technology.
Zong Fuli recently established two new companies in Shanghai: Shanghai Hongyi Culture Media and Shanghai Hongxuan Business Management, with registered capitals of 20 million and 1 million yuan respectively.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.