Markets
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Lefan CEO Ends Feud with Former Employee, Lou Bin Responds: No Further Action
A razor review by tech YouTuber Lou Bin sparked controversy after his analysis favored Flyco’s F8 over Laifen’s P3 Pro, citing price-performance issues. Laifen’s CEO responded, alleging unfair practices involving Lou’s ex-employee brother. Accusations and rebuttals ensued, with Laifen detailing issues surrounding the ex-employee. Both the CEO and ex-employee have since declared an end to the public dispute, and Lou Bin stated he would not pursue further defamation unless it repeats.
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Chengdu Topway Delivers First Domestically Produced 8.6 Gen OLED CMM, Breaking Key Barrier
Chengdu Topway has successfully produced and delivered China’s first domestically developed 8.6th generation Common Metal Mask (CMM) to a leading client. This marks a significant breakthrough in OLED core material production, addressing a critical technology gap. The 2620 x 2290mm CMM is designed for medium-to-large sized displays and enables lower production costs. Overcoming challenges in exposure, etching, and tension control, this achievement reduces reliance on foreign technology and strengthens China’s advanced display ecosystem.
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Can-Am Unveils Next-Gen Defender, Engineered for Superior Performance
Can-Am, a BRP Inc. brand, introduces its next-generation Defender side-by-side vehicle for 2026. Aimed at farmers, ranchers, and off-road enthusiasts, the redesigned Defender features a new 95-horsepower Rotax ACE engine, improved suspension with increased ground clearance, and braking enhancements. Ergonomic upgrades include a larger cab with more legroom and an optional touchscreen display with GPS navigation. Over 200 accessories are available to customize the Defender for various work and recreational needs.
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Fabricated Kidnapping: Influencer Detained for False Claims of Daughter Abduction
A Douyin user, Wang Moumou, created a fake missing-child post using AI, generating widespread concern. The fabricated video detailed a fictional abduction, complete with a pilfered image of a child. Investigations revealed the hoax, leading to Wang’s arrest. He confessed to using AI to gain online followers. The incident highlights the dangers of AI-generated misinformation and the ethical implications of exploiting social media algorithms for personal gain, prompting calls for increased media literacy and responsible online behavior.
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Jet Li, 62, Shares Health Update from Hospital Bed Amid Hyperthyroidism Battle
Martial arts star Jet Li recently shared a photo from a hospital bed, describing it as “another trial of impermanence.” The 62-year-old actor, known for films like “Hero” and “Lethal Weapon 4,” previously reassured fans about his health, citing a “hardware issue” requiring repairs. Li, who has addressed past death rumors with a philosophical view on social media traffic, has openly discussed his hyperthyroidism. His influential filmography includes classics such as “Shaolin Temple” and “Once Upon a Time in China.”
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Zedcor Inc. Grants Restricted Share Units
Zedcor Inc. (TSXV: ZDC) announced the grant of 60,000 Restricted Share Units (RSUs) to its employees, effective August 14, 2025. This aligns employee incentives with shareholder value under the company’s 10% RSU/DSU plan. The RSUs vest incrementally over three years, with one-third vesting annually from the grant date. Investors should note the three-year expiration from the grant date. Zedcor provides tech-driven security solutions across North America.
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ComEd: Power Restored to 80% After Weekend Storms
Following severe storms with 70 mph winds, ComEd is working to restore power to northern Illinois. Over 80% of impacted customers have been brought back online. As of Sunday morning, roughly 40,000 customers remained without power, primarily in areas like Crystal Lake and Rockford. Over 500 crews are deployed, and ComEd anticipates restoring power to nearly all customers by Monday afternoon, prioritizing critical infrastructure. The utility urges caution around downed lines and offers various reporting and tracking tools. ComEd has invested significantly in grid modernization, improving reliability.
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Death to the Mechanical Parking Space: A Failing System
A recent report indicates a decline in the popularity and sales of mechanical parking systems in China since 2020. Developers are losing interest due to user-unfriendly designs, difficulty parking modern wider vehicles, and lack of maintenance leading to damaged or unsafe systems. While policies mandate parking spaces, they don’t require mechanical systems, which are often used by developers solely for compliance. The industry is urged to improve R&D and competitiveness, as user satisfaction with fully automated systems highlights mechanical parking’s potential with better execution.
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SEG Announces 2025 Half-Year Results
SINOPEC Engineering Group (SENGF) announced strong H1 2025 results, with revenue up 10.1% to RMB 31.559 billion and net profit increasing 4.8% to RMB 1.388 billion. New contract values reached a record RMB 71.158 billion, a 42.1% YoY increase, driven by an 82.7% surge in overseas contracts. Key projects include the Maoming Refinery Transformation and Hassi Messaoud Refinery in Algeria. An interim dividend of RMB 0.160 per share was declared. The company maintained an industry-leading AA ESG rating.
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Boston Riders: Get a Free Sneak Peek at the 2026 Can-Am & Sea-Doo Lineup!
BRP Inc. invites Boston area residents to an exclusive preview of its 2026 Can-Am and Sea-Doo lineups on August 19, 2025, at the Boston Convention and Exhibition Center. Attendees will get a first look at new on- and off-road vehicles, personal watercraft, pontoons, parts, accessories, and apparel. BRP product experts will also be present. Access is free, but registration is required via the provided form. BRP is a global leader in powersports with brands like Ski-Doo, Sea-Doo, and Can-Am.