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Industrial And Commercial Bank Of China: In the first quarter of 2025, the Net income decreased by 3.81%, and total Assets surpassed 51.5 trillion.
Industrial And Commercial Bank Of China 2025 first quarter Earnings Reports: Total Assets exceed 51.5 trillion, non-performing rate stabilizes but profits are under pressure. Summary of key points: Financial performance declined: In the first quarter...
Contemporary Amperex Technology and other Battery manufacturers compete with new products as the supercharging and fast charging storm approaches | New forces at the auto show.
① Battery manufacturers took center stage at the auto show, with Contemporary Amperex Technology, Sunwoda Electronic, and Eve Energy Co., Ltd. competing with new products at the Shanghai Auto Show; ② A storm of ultra-fast charging has arrived, with megawatt fast-charging products from companies like BYD, Huawei, and ZEEKR showcased at the auto show.
When Autos "roll" towards the sky: Xpeng Huitian, Fengfei, GAC and others showcase eVTOL for the first time at the Shanghai Auto Show | New Forces in the Auto Show.
① The 2-ton level eVTOL from Fengfei Aviation, Xiaopeng Huitian's "land aircraft carrier", and GAC high domain's GOVY-Aircar all made their appearance at the Shanghai Auto Show; ② Reports indicate that these manufacturers' eVTOLs/flying cars are making their debut at the Shanghai Auto Show.
The Shanghai Auto Show witnesses the "mutual rush" of Chinese and foreign enterprises: multinational car companies are deeply cultivating the Chinese market while domestic supply chain enterprises are accelerating their move towards Global.
① The 2025 Shanghai Auto Show focuses on smart electric vehicles, with foreign car companies accelerating their integration into the China supply chain, and local innovative forces rising; ② Under the pressure of transformation, Toyota deepens its local layout by establishing a wholly-owned factory in Shanghai, betting on localization and supply chain synergy; ③ Joint venture brands strengthen collaboration in local innovation chains, as China supply chain companies accelerate their dominance in the Global smart electric vehicle industry.
BYD: In Q1, revenue and net profit both saw growth, with the New energy Fund driving record performance.
BYD Q1 revenue and net profit both increased: New energy Fund driven record performance, expanding production to prepare for Global market. Key points: Strong performance growth: Q1...
Shengfeng Development Enters Multi-Year Strategic Partnership With Contemporary Amperex Technology. Collaboration Is Expected To Be Valued At ~$42M
