Chinese refiner Sinopec reported a decline in third-quarter net profit and revenue on Monday. The world’s largest refiner announced its capacity decrease, when it posted a 52.1 percent year-on-year decline in net profit to 8.54 billion yuan ($1.2 billion) for the third quarter while its revenue meanwhile was 790.4 billion yuan, down 9.8 percent from…
Chinese smartphone maker Oppo launched its Find X8 series in Chengdu, Sichuan province in October. [Photo provided to chinadaily.com.cn] Chinese smartphone maker Oppo launched on Thursday its Find X8 series featuring a camera system co-engineered with Swedish optics brand, Hasselblad, and said that the upcoming lineup is expected to be available both in China and…
As the harvest season peaks, fresh corn processing enterprises in Hezheng county, Linxia of Gansu province, are at their busiest. “This is the prime time for processing fresh corn in large quantities,” said the head of the Shengrong fruit corn planting base in Hezheng county. “Key steps like freshness preservation, washing, sterilization, and packaging all…
Photo provided to China Daily At the±800 kV Tianzhong DC transmission line maintenance site, the buzz of a large drone could be heard as it transported an 18-kilogram glass insulator to the work area in just one minute — this marks the first time a heavy-lift drone was used in Xinjiang Uygur autonomous region for…
An employee sorts coal at a facility in Changji Hui autonomous prefecture, Xinjiang Uygur autonomous region, in September. [Photo/Xinhua] CHN Energy Investment Group announced on Thursday that it has developed integrated spectral coal quality rapid detection technology, marking a significant advancement for China’s coal quantity and quality control, said industry experts. The technology, jointly developed…
The company logo of Sinopec Corp is displayed at a news conference in Hong Kong. [Photo/Agencies] China Petroleum & Chemical Corp, or Sinopec, saw its first geothermal power generation demonstration project connected to the grid and started generating electricity recently, amid China’s commitment to diversifying away from traditional oil and gas operations. Located in a…
The skyline of Beijing. [Photo/VCG] Regarding China as one of its most important markets, US-based medical device manufacturer Align Technology looks to make China play a greater role in its global strategy, said a senior executive of the company. “China to Align is the second-biggest market after the US, and our role in China is…
Adora Cruises unveiled the name of its second China-built large cruise ship as the “Adora Flora City” in Guangzhou, the capital of Guangdong province, on Friday. [Photo provided to chinadaily.com.cn] Adora Cruises, a flagship enterprise in China’s cruise sector, unveiled the name of its second China-built large cruise ship as the “Adora Flora City” in…
A C919 aircraft arrives at Shanghai Hongqiao International Airport on July 29, 2024. [YIN LIQIN/CHINA NEWS SERVICE] China’s first domestically developed single-aisle passenger jet C919 has entered a new stage of multi-carrier operation. So far, 11 aircraft have been delivered, transporting more than 700,000 passenger trips, said its manufacturer on Friday. The commercial operation of…
LiPure Energy, a Beijing-based battery firm, said it has successfully built China’s first production line to manufacture all-solid-state lithium batteries and has already launched mass production. With a target production capacity of 200 megawatt-hours, the line is able to charge 200,000 electric scooters simultaneously, the company said. Once operating at full capacity, it is expected…