The proposed IPO would add to GEM’s Shenzhen and Swiss listings, with proceeds aimed at expansion and development.

After pool cleaning, the startup is expanding into AI-driven robotics for lawn care and other outdoor applications.

With ten million units sold, Hanvon Ugee’s XPPen has grown into the world’s second largest seller of pen displays.

Smaller players are launching affordable models in a fight for survival amid an overcapacity struggle.

Already active in several markets, the startup expects to exceed RMB 100 million in GMV by year’s end.

After another cash infusion, the onus is on the EV maker to prove it can turn a profit.

After two decades shaping wireless and consumer tech, he now leads one of the world’s top EV battery suppliers.

The incident adds reputational pressure at a time when the brand is already contending with slowing growth.