China Tech Digest: Geely Unveils First UAV Production Line In Wuhan; Huawei’s Smart Wearables Shipments Rank First In China

Geely unveils first UAV production line in Wuhan

The launch of Geely General Aviation Manufacturing Base and its first UAV unveiling ceremony was held in Wuhan, marking the completion of Chinese first general aviation aircraft composite material automated production line.

Huawei’s smart wearables shipments rank first in China

As of September 2021, Huawei’s smart wearables shipments ranked first in China, and its global cumulative shipments exceeded 80 million, citing data from the company. Up to now, Huawei has served more than 320 million users worldwide, and the global monthly active users of Huawei Health have reached 83 million.

Utilization of intelligent customer service in China’s banking industry rises to 81%

The China Banking Association recently published "China Banking Customer Service Center and Remote Banking Development Report 2020″. The report shows that the comprehensive utilization rate of intelligent customer service technology in China’s banking industry has risen to 81%, an increase of 10 percentage points from 2019.

Horizon Robotics leads pre-A round in self-driving technology company Leadgentech

Horizon Robotics has led a pre-A round in Chinese autonomous driving technology company Leadgentech. This round was completed in September this year, worth tens of millions of RMB. Zhenxin Capital, famous economist Deng Haiqing and the company’s core team members also participated in the round. The funds will be mainly used to accelerate the commercialization of urban self-driving buses and self-driving logistics vehicles, as well as the large-scale expansion of technical teams.

AR optical waveguide module developer Raypaitech completes series A+ round

Chinese AR optical waveguide module developer Raypaitech has raised tens of millions of RMB in series A+ round of financing, led by GF Qianhe, participated from Country Garden Venture Capital and Step Holdings. Proceeds of the round will be used for team expansion, production line expansion and product iterations. At present, Raypaitech has built a new plant in Kunshan, Jiangsu province, which will be put into use in Q1 next year.

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