Dago Bio Completes Over $20 Million A+ Round Funding to Accelerate Novel Molecular Glue Drug Development
Dago Bio Completes Over $20 Million A+ Round Funding to Accelerate Novel Molecular Glue Drug DevelopmentLate 2024, Dago Bio (hereinafter referred to as Dago), a biotechnology company focused on developing molecular glue drugs targeting undruggable targets, announced the successful completion of a Series A+ financing round exceeding $20 million. This round was co-led by Zhejiang Province's "4+1" Biomedicine and High-end Medical Device Industry Fund, Takeda Ventures, Fengchuan Capital, Longmen Capital, HaoYue China Healthcare Fund, and AIM-HI Accelerator Fund...
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Star Ace Capital Group and Abu Dhabi Investment Office Partner to Build a Global Esports Industry Benchmark
Star Ace Capital Group and Abu Dhabi Investment Office Partner to Build a Global Esports Industry BenchmarkStar Ace Capital Group recently announced a five-year strategic partnership with the Abu Dhabi Investment Office (ADIO). Under the agreement, Star Ace Capital Group will relocate its global headquarters to Abu Dhabi and collaborate closely with ADIO to foster the growth of Abu Dhabi's gaming, media, and entertainment industries...
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Xiao Chen, a Chinese expert, Elected Chair of IEC/TC45: China's Influence in Nuclear Instrumentation and Control Standardization Reaches New Heights
Xiao Chen, a Chinese expert, Elected Chair of IEC/TC45: China's Influence in Nuclear Instrumentation and Control Standardization Reaches New HeightsOn January 21st, the State Administration for Market Regulation of China announced that Xiao Chen, an expert from China National Nuclear Corporation (CNNC), was elected Chair of the International Electrotechnical Commission's Technical Committee 45 (IEC/TC45) on nuclear instrumentation and control. This is the first time an expert from an Asian country has held this position, marking a new high in China's influence on international standardization in the field of nuclear instrumentation and control...
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The Central Political and Legal Affairs Work Conference Focuses on Autonomous Driving Legislation: Fast-Tracking Industry Development
The Central Political and Legal Affairs Work Conference Focuses on Autonomous Driving Legislation: Fast-Tracking Industry DevelopmentFrom January 12th to 13th, the Central Political and Legal Affairs Work Conference was held in Beijing. The conference emphasized the importance of using scientific legislation to address new challenges, specifically mentioning the Ministry of Justice's need to proactively propose legislative suggestions for key areas, emerging fields, and areas involving foreign affairs...
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The SHEIN Foundation Officially Launches: Partnering with ACT to Drive Textile Recycling and Sustainable Development in Africa
The SHEIN Foundation Officially Launches: Partnering with ACT to Drive Textile Recycling and Sustainable Development in AfricaOn January 20th, online retailer SHEIN officially announced the launch of the SHEIN Foundation, dedicated to fostering sustainable development and inclusive growth in the communities where it operates. Serving as SHEINs philanthropic arm, the Foundation will focus on improving community well-being, protecting biodiversity, and advancing sustainable transformation...
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Arm's Massive Fee Hike and Potential In-House Chip Development: A Precursor to a Seismic Shift in the Chip Industry?
Arm's Massive Fee Hike and Potential In-House Chip Development: A Precursor to a Seismic Shift in the Chip Industry?Arm Holdings (ARM), a leading global supplier of chip technology, is poised for a strategic overhaul that could fundamentally reshape the landscape of the chip industry. According to Reuters, based on internal documents and executive testimony revealed during a lawsuit with Qualcomm last month, Arm plans to increase its chip design licensing fees by as much as 300% and is even considering developing its own chips, directly competing with its largest customers...
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Chinese New Year Elements Sell Like Hotcakes Overseas: Cross-border E-commerce "Spring Festival Economy" Booms, Cainiao Overseas Warehouses Help Merchants Capture Market Share
Chinese New Year Elements Sell Like Hotcakes Overseas: Cross-border E-commerce "Spring Festival Economy" Booms, Cainiao Overseas Warehouses Help Merchants Capture Market ShareAs the 2024 Chinese Lunar New Year approaches, the festive atmosphere is spreading overseas. Products featuring Chinese New Year elements are experiencing a sales surge, creating a vibrant "Spring Festival Economy" on cross-border e-commerce platforms...
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ByteDance Accelerates its Overseas Short-Form Drama Market Expansion with the Launch of Melolo APP, Aiming for Global Digital Entertainment Leadership
ByteDance Accelerates its Overseas Short-Form Drama Market Expansion with the Launch of Melolo APP, Aiming for Global Digital Entertainment LeadershipByteDance is aggressively expanding its overseas short-form drama business and has made significant progress. Industry insiders reveal that the company has established a dedicated overseas short-form drama team and is actively recruiting for roles such as overseas short-form drama user product managers and European and American copywriters...
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Pinduoduo's "New Quality Supply" Strategy: Deep Integration of Merchant Rights Protection and High-Quality Development of Industrial Clusters
Pinduoduo's "New Quality Supply" Strategy: Deep Integration of Merchant Rights Protection and High-Quality Development of Industrial ClustersOn January 8, 2024, Pinduoduo announced the establishment of a "Merchant Rights Protection Committee," chaired by Zhao Jiazhen, Executive Director and Co-CEO of Pinduoduo Group. This signifies a significant elevation in the platform's commitment to protecting merchant rights...
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The 6th Industrial Internet Competition Concludes Successfully, Ushering in a New Era for High-Quality Development of the Digital Economy
The 6th Industrial Internet Competition Concludes Successfully, Ushering in a New Era for High-Quality Development of the Digital EconomyThe 6th Industrial Internet Competition recently concluded with a spectacular closing ceremony. Held under the theme "Toward Digitalization, Enhancing Quality with Innovation," the competition, launched in October, attracted over 1,000 teams from 30 provinces and municipalities across China...
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CGN's 500MW Cold Lake Wind Power Project in Qinghai Achieves Full-Capacity Grid Connection, Boosting Green and Low-Carbon Development
CGN's 500MW Cold Lake Wind Power Project in Qinghai Achieves Full-Capacity Grid Connection, Boosting Green and Low-Carbon DevelopmentChina General Nuclear Power Group (CGN) announced the successful full-capacity grid connection of its 500-megawatt (MW) wind power project in Cold Lake, Qinghai Province. This project, one of the first batch of large-scale wind and photovoltaic projects in the sandy, gobi, and desert areas prioritized by the nation, boasts an annual power generation exceeding 1...
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Changan Automobile and EHang Intelligent Sign Strategic Cooperation Agreement to Build Future Flying Car Ecosystem
Changan Automobile and EHang Intelligent Sign Strategic Cooperation Agreement to Build Future Flying Car EcosystemOn December 22nd, EHang Intelligent and Changan Automobile officially signed a strategic cooperation agreement, committing to jointly build a future transportation ecosystem and collaborating across the entire industry chain of flying car research and development, manufacturing, sales, and operation. This collaboration marks a crucial step for both industry giants in the low-altitude economy sector, significantly boosting the construction and development of a new three-dimensional transportation ecosystem, and offering consumers more diversified travel options...
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