On July 8, 2026, global automotive safety leader Autoliv and XPENG Group formally signed a strategic cooperation framework agreement in Guangzhou. The two parties will deepen collaboration across active safety, passive safety, intelligent cockpit, and sustainable development.
GigaDevice released its H1 2026 earnings forecast, expecting revenue of approximately 11.5 billion CNY, up 177% year-on-year; attributable net profit is expected to rise 1,099%. The surge is driven by strong recovery in memory chip and MCU demand, as well as rapid growth in automotive electronics business.
Tinci Materials (002709.SZ) released its 2026 interim earnings forecast, projecting H1 net profit of 2.7-3 billion CNY, up more than tenfold year-on-year. The profit surge is driven by significant electrolyte shipment growth and cost optimization from falling raw material prices.
Chery Automobile's Tiggo 4 model has officially launched in Kazakhstan, with a starting price of 9.99 million tenge (approximately RMB 138,000). The vehicle features adaptive upgrades for the Central Asian market, including a winter package (seat heating, steering wheel heating, windshield heating) and intelligent driving assistance systems. This marks a new phase in Chery's localization strategy in Central Asia, laying groundwork for further expansion into Russia, Uzbekistan, and neighboring markets.
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