Latest news and articles about China tech startups
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Songyan Power, founded by Tsinghua dropout Jiang Zheyuan, rose from a rented villa prototype to national prominence after viral demos and a spring‑festival appearance, securing over RMB2bn in funding. The company’s pivot from MPC to deep reinforcement learning and a sub‑RMB10,000 consumer robot have driven momentum, but serious technical, supply‑chain and cash‑management risks remain.