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Bestechnic (Shanghai) Co. Ltd. A

Bestechnic (Shanghai) Co., Ltd. is a company that researches, designs, and sells low-power wireless computing SoC chips in China and internationally. Its products include wireless audio chips, smart wearable chips, and smart hardware chips, which are used in low-power smart audio and video terminals such as Bluetooth headsets, smartwatches, and smart glasses. The company was founded in 2015 and is based in Shanghai, China.

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Robotics & Physical AI

Range Technology to invest 1 billion yuan in frontier tech fund; Bestechnic plans buyback of 50 million to 100 million yuan

Range Technology plans to contribute 1 billion yuan of its own funds to invest in Xiamen Shidai Shenyuan Venture Capital Fund Partnership, a limited partnership. The fund has a total committed size of 4.90001 billion yuan, with Range Technology holding a 20.4081 percent stake. The fund will focus on frontier technology areas such as artificial intelligence and embodied intelligence. Bestechnic plans to repurchase shares worth 50 million to 100 million yuan, at a price not exceeding 150 yuan per share, for employee stock ownership plans or equity incentives. CATL's wholly owned subsidiary Ningbo Wending plans to participate as a limited partner in Xiamen Shidai Yiyuan Venture Capital Fund Partnership, with a committed contribution of 1.12 billion yuan and a 19.4175 percent stake in the fund. The company's controlling shareholder Xiamen Ruiting will also participate in the fund as a limited partner, making this investment a related-party co-investment. Hangcha Group plans to issue convertible bonds to raise no more than 2.259 billion yuan, with a term of six years, for a forklift robot smart factory project, a new energy forklift expansion project, a forklift robot and logistics robot research and development project, and to supplement working capital. Weikang Pharmaceutical has received an approval notice from the National Medical Products Administration for a supplementary application for clinical trials of its Huangjia Ruangan Granules, agreeing to conduct a Phase III clinical trial for liver fibrosis caused by chronic hepatitis B virus infection.
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Bestechnic's 2026 interim net profit was 171 million yuan, down 43.87% year on year

Bestechnic released its 2026 interim report, with net profit attributable to the parent company of 171 million yuan, down 43.87% from the same period last year. Total operating revenue was 1.351 billion yuan, down 30.29% year on year. Net cash inflow from operating activities was 219 million yuan, up 96.82% year on year. The latest gross margin was 42.47%, up 3.19 percentage points year on year, marking a second consecutive year of increase. Diluted earnings per share were 0.72 yuan, down 44.28% year on year.
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