Unitree Tech: Online Investors Forfeit 8,734 Shares
Unitree Tech announced on August 13 that online investors subscribed to 9,698,266 shares but forfeited 8,734 shares, while offline investors subscribed to 22,650,148 shares with zero forfeitures. All forfeited shares from both channels — totaling 8,734 shares — were taken up by the sponsor (lead underwriter), amounting to 1,317,087.20 yuan. This represents roughly 0.03% of the offering size after excluding the final strategic placement, and about 0.02% of the total offering scale.
China Mobile: Unified National Token Package Plans Coming
On August 13, China Mobile executives revealed at the interim earnings call that the company will introduce unified national Token package plans for both public and enterprise markets. Targeting high-frequency scenarios and high-value customers, these packages will flexibly bundle Tokens, models, data traffic, devices, and member benefits for on-demand subscriptions. Meanwhile, China Mobile is accelerating AIDC deployment to boost Token production capacity.
JD.com’s Q2 Non-GAAP Net Profit Up 20.3% Year-Over-Year
On August 13 (Beijing time), JD.com released its Q2 and interim results for 2026. In Q2, JD.com posted revenue of 346.4 billion yuan, maintaining a strong grip on electronics and home appliances while daily necessities continued steady growth. Service revenue hit 79.3 billion yuan, climbing to 22.9% of total revenue, with home-scenario services surging 69.6% year-over-year. Non-GAAP net profit attributable to ordinary shareholders for Q2 2026 reached 8.9 billion yuan, up 20.3% from a year ago — a clear inflection point in the company’s profitability trajectory.
Bear Electric’s H1 Net Profit Plunges Over 40%
On August 13, Bear Electric released its 2026 semi-annual report. During the reporting period, the company generated 2.349 billion yuan in operating revenue, down 7.34% year-over-year. Net profit attributable to listed shareholders tumbled 41.30% to 120 million yuan, with non-GAAP net profit also falling 41.59% — a profit decline far steeper than the revenue drop.
Lenovo’s Q1 FY2026/27 Adjusted Net Profit Soars 176%
On August 13, Lenovo Group (0992.HK) reported its Q1 results for fiscal year 2026/27, posting revenue of $26.943 billion (approximately 183.4 billion yuan), up 43% year-over-year. Adjusted net profit reached $1.075 billion (about 7.3 billion yuan), surging 176%, with an adjusted net margin of 4%.
Notably, the ISG (Infrastructure Solutions Group) generated 57.9 billion yuan in revenue, up 98% year-over-year, with operating profit of roughly 5.3 billion yuan, also climbing 98%. Its operating margin hit 9.1%, improving 11.1 percentage points year-over-year and 5.5 percentage points sequentially. AI server backlog orders jumped from 140 billion yuan last quarter to 360 billion yuan.
Three Food Delivery Platforms to Pilot “Red Light Pause” in Beijing
The second consultation dialogue on “breaking the rat race for the greater good” in the platform economy was held on August 13, 2026, focusing on optimizing algorithms for delivery riders. Meituan, Taobao Flash Purchase, and JD Delivery — three major platforms — joined riders in co-governance discussions. These platforms will first roll out the “red light pause” initiative in Beijing, where time spent waiting at red lights is deducted from riders’ assessment windows. Market regulators in Beijing and Shanghai stated they will continue leveraging the multi-stakeholder consultation mechanism to address more industry-wide issues, fostering tangible measures that contribute to the innovative and healthy development of the national platform economy.
SMIC’s Q2 Revenue Hits $3.006 Billion, Up 36.06%
SMIC announced on August 13 that its Q2 2026 sales revenue reached $3.006 billion, a 36.06% increase year-over-year. Gross profit for the quarter stood at $761 million, compared to $450 million in the same period last year. The gross margin for Q2 was 25.3%, versus 20.1% in Q1 2026 and 20.4% in Q2 2025.
Xunlei’s Q2 Total Revenue Reaches $102.7 Million, Up 38.9%
On August 13, Xunlei released its unaudited financial results for the second quarter ended June 30, 2026. Total revenue for Q2 was $102.7 million, up 38.9% year-over-year. Thanks to improvements in membership and advertising businesses, gross profit grew 23.1% to $57.3 million, with a gross margin of 55.8%. By segment, membership services revenue reached $44.5 million, up 22.6% year-over-year, while live streaming and other services generated $58.2 million, up 54.8%, driven by growth in overseas voice live streaming and advertising revenue.
