Shanghai Xianghong Wensheng Enterprise Management LLP bought a 0.99% direct stake in Lisuan Technology (Shanghai) Co. for 40 mln yuan, filings show; the LLP’s investors are known retail investors Zhao Jianping and Zhong Weiwei. Public records list Zhao Jianping and his daughter Zhao Ji among the top ten shareholders of Dongxin Co., with combined holdings valued at over 1.8 bln yuan; Dongxin is Lisuan’s largest shareholder with a 35.87% stake. Lisuan, a domestic GPU maker, launched its self‑devel

2026-07-02

Shanghai Xianghong Wensheng Enterprise Management LLP bought a 0.99% direct stake in Lisuan Technology (Shanghai) Co. for 40 mln yuan, filings show; the LLP’s investors are known retail investors Zhao Jianping and Zhong Weiwei. Public records list Zhao Jianping and his daughter Zhao Ji among the top ten shareholders of Dongxin Co., with combined holdings valued at over 1.8 bln yuan; Dongxin is Lisuan’s largest shareholder with a 35.87% stake. Lisuan, a domestic GPU maker, launched its self‑developed consumer GPULX7G100 series on JD.com on May 20 and sold out on debut. The timing of these purchases underscores sustained investor confidence in domestic GPU commercialization and Lisuan’s longer‑term outlook.

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2026-07-02

At the 2026 Shanghai IT Application Innovation Industry Development Forum, Turing Quantum and CHINA'S CPU MAKER HAIGUANG announced a quantum-encrypted distributed storage solution aimed at AI-era massive data storage and security governance. The offering combines Turing Quantum’s quantum computing and quantum-security capabilities with CHINA'S CPU MAKER HAIGUANG’s domestic compute platform to create a trusted storage system covering the full data lifecycle.

2026-07-02

Counterpoint Research forecasts 2026 foldable smartphone display panel shipments of about 27.5 mln units, up ~24% YoY, and revenue of roughly $4.4 bln, up ~48% YoY. Growth stems from volume recovery plus Apple entering the segment and a shift to higher-end, large-fold devices. Apple’s first foldable iPhone, expected in H2 2026, should lift panel procurement and boost demand for Samsung Display, high-end large-fold panels and higher-value display technologies. Supply-side: Q1 2026 already shows p