# China manufacturing

Latest news and articles about China manufacturing

Total: 5 articles found

A large bucket wheel excavator operates in a vast industrial mining area, illustrating heavy machinery in action.
Business

RMB180m in Bonuses and a Mountain of Cash: How a Henan Crane Maker Rewrote the Rules on Pay

Henan Mining Crane Co. distributed RMB60m in cash at an annual meeting and RMB180m in total year‑end bonuses, equal to two‑thirds of 2025 net profit, benefiting over 7,000 employees. The move—driven by majority owner Cui Peijun and paired with commission‑heavy incentive structures and labour‑sensitive policies—highlights a pragmatic approach to retention and productivity amid broader cost‑cutting in Chinese manufacturing.

SoBiz2026年2月17日 07:44
#Henan Mining Crane#Cui Peijun#profit sharing
Retro cassette tape featuring Chinese text, perfect for vintage music themes.
Technology

SMIC Projects Roughly 40,000‑Wafer Monthly Capacity Gain in 2026 but Flags Rising Depreciation

SMIC expects its monthly capacity to rise by about 40,000 12‑inch wafer equivalents by the end of 2026 over last year, but warns that early equipment purchases may not immediately translate into full production. Heavy capital spending will lift depreciation by around 30% year‑on‑year in 2026, squeezing margins unless utilization and cost efficiency improve.

NeTe2026年2月11日 02:24
#SMIC#Zhao Haijun#wafer capacity
A business professional in a suit practicing archery with targets outdoors on a sunny day.
Business

Family Control, Faulty Toilets and Forced Make‑ups: How Arrow Home’s Governance and ESG Gaps Are Hitting Its Business

Arrow Home, a major Chinese sanitaryware maker, faces mounting reputational and financial strain after consumer complaints, alleged labor‑rights violations and a family‑dominated governance structure exposed weaknesses in its ESG performance. Despite middling Wind ESG ratings and a recent publicity partnership, falling revenues and a dividend plan that exceeds net profit raise questions about the company's long‑term resilience.

NeMo2026年2月9日 11:34
#Arrow Home#ESG#corporate governance
Dramatic night view of SpaceX facility with fog and lights in Brownsville, Texas.
Technology

Musk’s Three‑Hour Blueprint: Space Data‑centres, Robot Factories and a Stark Warning on China’s Manufacturing Lead

In a three‑hour interview Elon Musk argued that the next phase of AI will be decided by where compute is powered and who makes the machines. He envisions orbital solar‑powered data centres and humanoid robots that can build more robots as the key levers, while warning that China’s manufacturing depth and rising power output present a structural challenge to the United States.

NeTe2026年2月6日 11:51
#Elon Musk#SpaceX#xAI
Detailed view of audio mixing console with glowing LED buttons.
Business

China’s Mulinsen Posts First Annual Loss Since Listing as It Buys Upstream LED Chipmaker

Mulinsen (木林森) warned of its first annual loss since going public in 2015, forecasting a 2025 net loss of 11–15 billion yuan. The company is simultaneously buying a controlling stake in Purui Optoelectronics to secure LED chip and packaging capabilities, a long-term strategic bet that won’t offset near-term financial pain.

NeMo2026年2月3日 18:50
#Mulinsen#LED industry#Purui Optoelectronics