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2026-07-04

Wujie Dynamics founder and CEO Zhang Yufeng said global humanoid robot production in 2025 was roughly 20,000 units, but most were deployed in non‑commercial scenarios and humanoids capable of practical, on‑site work remain virtually absent. He added

Wujie Dynamics founder and CEO Zhang Yufeng said global humanoid robot production in 2025 was roughly 20,000 units, but most were deployed in non‑commercial scenarios and humanoids capable of practical, on‑site work remain virtually absent. He added that capital‑market interest in the embodied‑intelligence sector has accelerated in 2026, with industry financing in 1H2026 already surpassing total financing for 2025.
2026-07-04

At the Yabuli Forum Innovation Annual Conference in Shanghai (July 3-4), Yushu Technology co-founder Chen Li said the company has completed in-house R&D and production of core components and underlying architecture, enabling end‑to‑end manufacture of

At the Yabuli Forum Innovation Annual Conference in Shanghai (July 3-4), Yushu Technology co-founder Chen Li said the company has completed in-house R&D and production of core components and underlying architecture, enabling end‑to‑end manufacture of quadruped and humanoid robots, robotic arms, pump bodies and dexterous hands. He said joint‑motor core technology is fully self‑developed and the upstream only involves basic raw materials such as copper wire and magnets, with the supply chain fully autonomous and controllable. Chen added Yushu’s self‑developed stack delivers leading cost‑performance, reliability, stability and consistency, and the firm continues to invest in control, perception, navigation and AI algorithm R&D, with multiple patent filings.
2026-07-04

Yushu Technology co-founder Chen Li said at the Yabuli forum that the smart-robotics industry could see three market-moving breakthroughs in the next 2–5 years: a unified end-to-end robot large model; continued declines in hardware costs plus longer

Yushu Technology co-founder Chen Li said at the Yabuli forum that the smart-robotics industry could see three market-moving breakthroughs in the next 2–5 years: a unified end-to-end robot large model; continued declines in hardware costs plus longer lifespans and scaled manufacturing; and the build-out of low-cost, large-scale compute infrastructure. He defined an embodied-intelligence 'ChatGPT moment' as robots that, in about 80% of unfamiliar scenes, can complete roughly 80% of tasks from voice or text commands. Chen forecasted that by 2030 embodied-intelligence robots will trigger a consumer wave and materially raise productivity and labor skill levels.
2026-07-04

Peking University’s School of Integrated Circuits and the Shanghai Institute of Microsystem and Information Technology (Chinese Academy of Sciences) have developed the world’s first neurodynamics system chip using phase‑change memristors. The chip re

Peking University’s School of Integrated Circuits and the Shanghai Institute of Microsystem and Information Technology (Chinese Academy of Sciences) have developed the world’s first neurodynamics system chip using phase‑change memristors. The chip reduces single‑step latency to 2.12 ms and delivers 50–478x speedups versus advanced GPUs on cortical reconstruction tasks, addressing a decades‑long real‑time computing bottleneck; results were published in Science in the early hours of the 3rd.
2026-07-04

Changguang Satellite has completed an equity financing of nearly Rmb5 bln led by Changfa Group and Lushi Investment, with participation from Chengtong Fund, Orient Asset Management and others; existing investors including Haitong Innovation and Shenz

Changguang Satellite has completed an equity financing of nearly Rmb5 bln led by Changfa Group and Lushi Investment, with participation from Chengtong Fund, Orient Asset Management and others; existing investors including Haitong Innovation and Shenzhen Capital Group also followed. Proceeds will be deployed to three priorities: accelerate satellite mass-production capacity and scale manufacturing efficiency; advance the Jilin-1 satellite constellation to strengthen high-resolution data acquisition; and deepen remote-sensing data applications to expand industry-specific solutions.
2026-07-04

Shanghai Shipping Exchange said heavy rain in southern China has kept power-plant daily burn low and the peak electricity season has not arrived, slowing downstream inventory drawdown. Falling coal prices have damped purchases and traders are largely

Shanghai Shipping Exchange said heavy rain in southern China has kept power-plant daily burn low and the peak electricity season has not arrived, slowing downstream inventory drawdown. Falling coal prices have damped purchases and traders are largely sidelined; northern anchorages have ample waiting tonnage. On July 3 the exchange's China Coastal (bulk) Composite Freight Index closed at 1,037.36, down 6.7% from the prior reading.
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