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Bairong sees strong rebound in Q1


Bairong sees strong rebound in Q1
By Cheng Yu |
chinadaily.com.cn |
Updated: 2021-04-15 18:17
Bairong Inc, a Chinese provider of financial big data analytics and other services, has gained strong business momentum by earning a total of 409 million yuan ($62.58 million) in revenue in the first quarter of this year. [Photo provided to chinadaily.com.cn]
Bairong Inc, a Chinese provider of financial big data analytics and other services, has gained strong business momentum by earning a total of 409 million yuan ($62.58 million) in revenue in the first quarter of this year, registering a significant 92 percent year-on-year increase according to its latest fiscal report. ....

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Geely's Connected Car Unit ECARX Bags USD200 Million in New Funding


Geely’s Connected Car Unit ECARX Bags USD200 Million in New Funding
Dou Shicong
Geely’s Connected Car Unit ECARX Bags USD200 Million in New Funding
(Yicai Global) Feb. 25 ECARX has raised more than USD200 million in its second round of fundraising, giving the smart car technology developing arm of Chinese vehicle giant Geely Automobile Holdings a value of over USD2 billion.
The Series A+ round was led by state-backed investment company China Reform Holdings Corp., the Hangzhou, eastern Zhejiang province-based company said today.
This is on top of CNY1.3 billion (USD201.5 million) that the company secured in Series A financing last October with search engine giant Baidu and US venture capital firm Susquehanna International Group as principal investors. ....

Vastra Gotalands Lan , Kim Taylor , China Reform Holdings Corp , Susquehanna International Group , Geely Automobile Holdings , Yicai Global , Big Data , United Kingdom Based , கிம் டெய்லர் , சீனா சீர்திருத்தம் ஹோல்டிங்ஸ் கார்ப் , லஸ்‌கசந சர்வதேச குழு , கீளி ஆட்டோமொபைல் ஹோல்டிங்ஸ் , பெரியது தகவல்கள் , ஒன்றுபட்டது கிஂக்டம் அடிப்படையிலானது ,

China's CEIC, China Reform set up $1.55 billion new energy fund


By Reuters Staff
1 Min Read
SINGAPORE (Reuters) - State-run China Energy Investment Corp (CEIC) and China Reform Holdings Corp have set up a 10.02 billion yuan ($1.55 billion) fund to invest in clean and renewable energy projects, the state assets regulator said on Friday.
Upon launch, the fund is expected to generate about 50 billion yuan worth of financing in projects using wind, solar and hydrogen and energy storage, the State-owned Assets Supervision and Administration Commission said.
China has pledged to cap its carbon emissions at peak levels in 2030 when its total wind and solar installed capacity is forecast to top 1.2 billion kilowatts. ....

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