Pandaily’s Digest #20220516
Last Friday, Chinese EV manufacturer BYD announced that the company has exclusively developed an “intelligence Torque Adaption Control” (iTAC) system.
BYD Releases Intelligence Torque Adaption Control System
Last Friday, Chinese EV manufacturer BYD announced that in order to improve the driving performance of electric vehicles while laying a solid safety foundation, the company has exclusively developed an “intelligence Torque Adaption Control” (iTAC) system. Its new e-platform 3.0 models will be equipped with this technology.
China’s First Homemade C919 Passenger Airplane Completes Flight Test
According to the Commercial Aircraft Corporation of China (COMAC), at 6:52 on May 14, a C919 aircraft numbered B-001J took off from Shanghai Pudong Airport and landed safely at 9:54, marking the successful first flight test of the aircraft.
Starna Therapeutics Secures 150 Million Yuan in A-Round Financing
Starna Therapeutics, a Chinese firm focusing on the research and development of new mRNA drugs, recently announced the completion of round-A financing totaling 150 million yuan ($22.1 million).
LiangDao Intelligence Releases China’s First Pure Solid-State Flash LiDAR
LiangDao Intelligence, a leading Chinese provider of LiDAR sensors, officially released its self-developed pure solid-state flash lateral LiDAR, LDSense Satellite, to customers in the domestic market on May 13. The product reportedly adopts automotive-grade LiDAR technology with both performance and cost advantages.
ByteDance Launches Music Creation Tool “Sponge Band”
Beijing-based tech firm ByteDance has recently launched an app called “Sponge Band,” Tech Planet reported on Monday. According to an official introduction, this product will better serve users with music editing needs on Soda Music and Douyin, the Chinese mainland version of TikTok.
Four-Wheel Drive Version of Huawei AITO M7 Enters China’s MIIT Declaration List
Huawei’s AITO M7 rear-drive vehicle model appeared in the declaration list of China’s Ministry of Industry and Information Technology last month. According to another list released by the MIIT last Thursday, the firm has evidently added a new four-wheel-drive version to the product line.
AR Smart Glasses Brand INMO Bags $10M in Round-A Financing
AR smart glasses brand INMO Technology has recently completed round-A financing worth nearly $10 million, featuring exclusive investment from Hello Group Inc., and with MM Capital acting as the exclusive financial consultant.
Huawei Reportedly to Hold Product Launch Event on May 23
According to posts by two Chinese digital bloggers on May 14, Huawei’s new product launch event is expected to be held on May 23, during which laptops, office products and IoT items will be released.
ByteDance’s Douyin Introduces Interest-Based Social Function
ByteDance’s Douyin, the Chinese mainland version of TikTok, has recently launched an “interest matching” function, which focuses on socializing based on short video content, Tech Planet reported on Monday.
Alibaba.com Launches “Digital Seaport” Program to Help Cross-Border Merchants
Alibaba.com, a leading e-commerce marketplace operated by Hangzhou-based internet giant Alibaba, recently launched the “Digital Seaport” program, aimed at helping cross-border merchants better cope with the risks and challenges posed by the pandemic.