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8:01 Krypton丨Laoxiangji failed to go public five times in five years; two fuel vehicles returned to the top ten in sales; Changxin Technology disclosed a prospectus and is expected to be issued on July 16
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Source: 36氪
Today’s Hot Topics Guide Huabei apologizes for the repayment page not opening properly SMIC’s market value surpasses Kweichow Moutai The cost of iPhone 18 Pro Max has risen sharply, and the starting price may remain at 9,999 yuan Nvidia will cooperate with Hugging Face to develop an open source robot model Many states in the United States may sue next week to block the Paramount-Warner Bros. deal TOP 3 big news Laoxiangji failed to go public five times in five years LXJ International Holdings Limited (referred to as "Laoxiangji")'s prospectus submitted to the Hong Kong Stock Exchange on January 8, 2026, expired on July 8. This company, known as "the number one Chinese fast food company", has failed to hit the capital market for the fifth time in five years. (Interface News) Two fuel vehicles return to the top ten in sales. After briefly bidding farewell to the top ten in sales, fuel vehicles are back. Under the market trend where the penetration rate of new energy vehicles has remained above 60% for three consecutive months, two fuel vehicles - Toyota Camry and Volkswagen Lavida - returned to the top ten in passenger car retail sales in June 2026, breaking the situation where there were no fuel vehicles in the sales list in May. According to the May passenger car retail sales rankings released by Chedi.com, Toyota Camry ranked ninth with 17,114 units and Volkswagen Lavida ranked tenth with 15,444 units. In May, the top ten sales lists were historically dominated by new energy models. At that time, the Lavida had fallen to 18th place, the Sylphy was 20th, and the Camry was even relegated to 24th place. Among the top 10 retail sales, Tesla Model Y ranked first with 38,654 units, Geely Xingyuan ranked second with 33,359 units, and Leapmotor A10 ranked third with 24,865 units. The return of fuel vehicles has been affected by the relative decline in oil prices. In June, the price of domestic refined oil products ushered in two rounds of reductions, with the cumulative price of No. 92 gasoline falling by 0.81 yuan per liter in two months. The substantial reduction in vehicle costs has restored the economical use of fuel vehicles to a certain extent. On the other hand, as the prices of bulk materials and chips continue to rise, the pressure on the cost side of new energy vehicles has increased, and the discounts for some models have been reduced. Under the circumstances of ebb and flow, the cost performance of fuel vehicles