The Token factory has been established in Wuxi, relying on Huawei's Ascend 384 cluster, marking the advent of the 'intelligent unit billing' era for computing power.

① The first batch of Wuxi Token Factory will deploy four Huawei Ascend 384 super-node servers; ② Unicorn companies have emerged in the Token Factory sector; ③ Institutions claim that domestic Token Factories will enter a period of rapid development, with companies possessing certain computing power resources, reasoning optimization capabilities, and cloud service capacities actively planning and implementing initiatives.

cls.cnMay 18 07:07

April's overseas revenue rankings for Chinese mobile games have been released: Shengqu Games has three titles in the top 10 by revenue, while Yostar occupies the top two spots on the growth chart.

①The competitive landscape of China's mobile gaming industry in overseas markets is becoming increasingly clear; ②Data shows that in April, SLG (strategy games), survival strategy, merge, and anime-style RPG products were the main contributors to revenue; hyper-casual puzzle and merge games were the primary categories for gaining traction in overseas markets; ③Industry insiders believe that currently, leading Chinese mobile game developers rely on hit titles to secure a stable foundation, while emerging developers quickly capture market gaps and achieve breakthroughs with distinctive thematic products.

cls.cnMay 17 18:14

The 'Token Factory' begins practical implementation: operators launch procurement worth tens of billions, and major companies accelerate their positioning.

① Ningxia Branch of China Telecom released the centralized procurement project for the "Token Factory" generation capability service, marking the first large-scale procurement project named after the Token Factory among the three major telecom operators, valued at the billion-dollar level. ② The Token Factory is considered "the business model with the fastest short-term growth for model vendors and the most certain commercialization potential in its early stages." ③ Baidu recently announced that Baidu Intelligent Cloud will upgrade its "MaaS Model Service" to the "Token Factory."

cls.cnMay 16 13:42

The inclusion of data assets on balance sheets is accelerating, with leading enterprises already surpassing hundreds of millions in scale. Urban investment companies are leveraging this to secure additional financing.

① A total of 134 companies disclosed data resource-related entries in their 2025 annual reports, with a combined entry value reaching 3.86 billion yuan. In contrast, there were only 91 companies in 2024, with entry values falling short of 2 billion yuan. ② Data asset financing is not merely an innovation in a single financial instrument but rather a systematic project involving property rights systems, valuation frameworks, financial products, regulatory coordination, and ecosystem services.

cls.cnMay 15 15:14

Long-life liquid and high specific energy solid-state technologies remain in their respective development tracks, with industry insiders predicting that 300Wh/kg will become the competitive high ground for next-generation batteries | CIBF2026

①The reduction in costs has become a key factor in alleviating supply and demand contradictions and promoting the scaled development of the industry, with long-term release of energy storage demand; ②Lithium battery technology continues to advance, making breakthroughs in four directions: ultra-large capacity, ultra-long lifespan, ultra-low cost, and long-duration energy storage; ③Based on the currently announced timelines, 300Wh/kg will be the competitive high ground for the next generation of batteries, with even higher energy density targets of 400-500Wh/kg also in planning for the long term.

cls.cnMay 14 10:43

With quarterly revenue recovering and cash flow turning positive, has Zhonggong Education emerged from its darkest hour?

Offcn Education recently disclosed its 2025 annual report and the first-quarter report for 2026. Financial data shows that in 2025, the company achieved revenue of 2.24 billion yuan, a year-on-year decrease of 14.84%; net profit attributable to shareholders of the listed company was 48.89 million yuan, a year-on-year drop of 73.38%. The overall performance continued the contraction trend seen in recent years, far from its peak revenue period of over 10 billion yuan, with its market value falling from a high of around 200 billion yuan to approximately 16 billion yuan currently. Despite the pressure on annual figures, quarterly financial indicators suggest marginal stabilization. In the fourth quarter of 2025,

wallstreetcnMay 11 11:27