According to an HKEX filing, Shanghai XianGong Intelligent Technology Co Ltd has submitted a listing application.

China's State Council issued the Urban Renewal "15th Five-Year" Plan, calling for a steady push to redevelop urban villages. Redevelopment methods will include demolition-and-rebuild, rehabilitation/upgrading, and mixed approaches, with priority for villages with urgent resident needs and elevated urban-safety or social-governance risks. The plan requires strict implementation of "one project, two plans," ensuring expropriation/demolition compensation is in place and project financing is balanced. It also tightens planning, design and construction management of resettlement housing to secure reasonable schedules and build quality.

MOFCOM said the Suzhou Statement, the first minister-level outcome of this year’s APEC China year, signals a clear push for win-win cooperation and provides a growth impulse to a pressured Asia‑Pacific economy. APEC ministers agreed the forum should play a larger role in keeping supply chains open, committing to safeguard trade routes and the steady flow of essential goods. The communique emphasizes connectivity over fragmentation and cooperation over confrontation, signaling policy intent to bolster more resilient, efficient and inclusive Asia‑Pacific supply networks.