Markets
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XGIMI: Automotive Projectors in Mass Production, H1 Net Profit Expected to Surge 20x YoY
XGIMI Technology projects first-half 2025 revenues of RMB 1.626 billion, a 1.63% YoY increase, and a 2062.33% surge in net profit to RMB 88.66 million. This profitability boost is attributed to R&D focus, improved supply chain efficiency, and cost control. During the period, XGIMI launched new projector models and expanded globally through retail channels in Europe, North America, Japan, and Australia. The company also extends its projection technology into automotive applications, including in-car rear projection systems.
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Essential Utilities Announces Dividend Increase
Essential Utilities Inc. (WTRG) announced a 5.25% increase in its quarterly cash dividend to $0.3426 per share, payable on September 2, 2025, to shareholders of record on August 12, 2025. This marks Essential’s 80th consecutive year of quarterly dividends and 35 dividend increases in the last 34 years. Essential Utilities operates under the Aqua and Peoples brands, serving 5.5 million people across nine states, focusing on water, wastewater, and natural gas services.
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CATL Reports 30.5 Billion Yuan Net Profit in H1, Up Over 33% Year-on-Year
CATL announced strong financial results for the first half of 2025, with revenues reaching RMB 178.9 billion (up 7.27% year-over-year) and net profit soaring to RMB 30.5 billion (up 3
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Google Engineer Killed by Falling Branch While Hiking
A Google engineer, Angela Lin, 29, died on July 19th in Yosemite National Park after being struck by a falling tree branch while hiking the Tuolumne Grove Trail with her boyfriend and friends. The incident occurred about a mile from the parking area when branches fell from a tree, hitting Lin on the head and causing fatal injuries. Despite immediate CPR and the arrival of park rangers and paramedics, Lin was pronounced dead at the scene. The trail was temporarily closed and has since reopened.
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Cerro de Pasco Resources Announces Fiscal Year 2025 Results and Strategic Progress
Cerro de Pasco Resources (GPPRF) reported a significant turnaround in fiscal year 2025, achieving a net income of $24.6 million compared to a $29.3 million loss in the prior period. This was driven by a $35.9 million gain from the sale of its Santander mine, which eliminated over $70 million in liabilities. The company ended the year with $11.5 million in cash and is now focused on advancing its Quiulacocha Tailings Project, initiating a 40-hole drilling program.
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China’s Esports User Base Reaches 490 Million, Nearly 35% of Total Population
The “2024 China Esports Industry Career Development Report” reveals China’s esports sector is booming, driven by policy support, user growth, and career opportunities. With 490 million users, esports is a key digital economy driver offering both full-time and flexible jobs, including emerging roles like instructors. Streaming and competitions, like League of Legends S14,
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Li Xiang: My Wife Was Introduced by Mao Kankan, and I am Deeply Saddened by His Passing
During an interview, Li Auto CEO Li Xiang shared personal reflections, emphasizing the significant influence of the late Mao Kankan on his life, including introducing him to his wife and gaming friends. Li also discussed his views on parenting, advocating for valuing children’s individuality and supporting their choices, even unconventional ones. He further expressed appreciation for his wife’s dedication to their family. The interview also revealed Li’s entrepreneurial past and ongoing friendships through gaming. The article notes Mao Kankan’s earlier prominence and tragic passing.
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Doubled Income, Doubled Jobs: Delivery Riders Earning $4,000+ a Month – Order Volume Tells the Story
Beijing food delivery riders are experiencing increased earnings due to a surge in orders, particularly after the launch of Taobao Flash Sales. Some riders are earning over ¥30,000 monthly. A forum highlighted the positive cycle created by healthy competition: platform growth, increased merchant revenue, higher rider incomes, and enhanced consumer benefits. Data shows a significant rise in riders and their income, boosting employment and consumer confidence. Merchants also report increased revenue and easier agent recruitment.
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Zhihu Inc. Announces Second Quarter 2025 Earnings Release Date
Zhihu (NYSE: ZH; HKEX: 2390) will release its Q2 2025 financial results on August 27, 2025, before U.S. market opening. A conference call will follow at 7:00 A.M. ET, featuring a Q&A session. Participants must pre-register online to receive dial-in details. A live and archived webcast will be available on Zhihu’s investor relations website (https://ir.zhihu.com). Zhihu is a leading online content community in China.