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Founded by six young entrepreneurs, Shuai Shuai Fireworks defied expectations with sales exceeding RMB 10 million in its first year.

The two snack retailers are racing toward IPOs with Mixue-like expansion, but lack its supply chain discipline and margin control.

Despite its record scale, the deal’s co-co model highlights both rising ambition and lingering skepticism in a cooling market.

Young CEO Wang Shoucheng reflects on Yonghui’s outlook after a sweeping reform inspired by Pangdonglai.

There’s more to car door safety than simply unlocking a latch.

Shen’s appointment comes amid a major reshuffle at the AI startup.

The automaker is aiming to balance its partnership with Huawei as it asserts control over its smart mobility future.

Xpeng, Li Auto are developing on-vehicle AI models with billions of parameters, but size alone may not guarantee better performance.