Tech Brief (March 13): China Plans to Accelerate AI Legislation

Published: Mar. 13, 2026 12:02 p.m. GMT+8

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Cambricon swings to profit

Cambricon Technologies Corp. Ltd. reported a net profit of 2.1 billion yuan ($306 million) for 2025, rebounding from a net loss of 452 million yuan in 2024, according to its annual report released Thursday. Revenue surged 453.2% year-on-year to 6.5 billion yuan. The artificial intelligence chipmaker plans to distribute a cash dividend of 15 yuan per 10 shares and issue 4.9 additional shares for every 10 shares held by shareholders, using its capital reserve.

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Cambricon Technologies reported a 2025 net profit of 2.1 billion yuan with a 453.2% revenue increase to 6.5 billion yuan and announced dividends and bonus shares.
AIsphere raised $300 million in Series C funding to advance AI video models, while China aims to accelerate AI-related legislation.
Warnings were issued over OpenClaw’s industrial risks, and maiden flights were scheduled for Long March 12B (2026) and Hyperbola-3 (by end-2025).

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Who’s Who

Cambricon Technologies Corp. Ltd.: Cambricon Technologies Corp. Ltd., an AI chipmaker, reported a net profit of 2.1 billion yuan ($306 million) in 2025, rebounding from a 452 million yuan loss in 2024. Its revenue surged 453.2% year-on-year to 6.5 billion yuan. The company plans to issue a cash dividend and additional shares to shareholders.

AIsphere: AIsphere, an AI video generation startup, successfully completed a $300 million Series C funding round. The investment, led by CDH Investments' Hong Kong fund, will be used to enhance its video foundation models, research real-time world models, and build a global talent team. Other participants included China Ruyi Holdings Ltd. and E-Town Capital.

CDH Investments: CDH Investments led a Series C funding round for AIsphere, an AI video generation startup, through its Hong Kong fund, CDH VGC, and CDH Baifu. The $300 million investment will help AIsphere advance its video foundation models and global talent acquisition.

China Ruyi Holdings Ltd.: China Ruyi Holdings Ltd. is an investor in the AI video generation startup, AIsphere. They participated in AIsphere's Series C funding round, which successfully raised $300 million.

37 Interactive Entertainment Network Technology Group Co. Ltd.: 37 Interactive Entertainment Network Technology Group Co. Ltd. participated in the Series C funding round for AIsphere, an AI video generation startup. This investment, alongside CDH Investments, China Ruyi Holdings Ltd., and E-Town Capital, contributed to AIsphere securing $300 million.

E-Town Capital: E-Town Capital was among the participants in AIsphere's $300 million Series C funding round. AIsphere is an AI video generation startup that will use the proceeds to iterate its video foundation models, research real-time world models, and build a global talent team.

China Aerospace Science and Technology Corp. Commercial Rocket Co. Ltd.: China Aerospace Science and Technology Corp. Commercial Rocket Co. Ltd. announced that the Long March 12B rocket will have its maiden flight in the first half of 2026. This new-generation, reusable rocket, 4 meters in diameter, is designed for commercial launches, including low-Earth orbit satellite constellations, and has a carrying capacity of approximately 20 tons to low-Earth orbit.

Interstellar Glory Aerospace Science and Technology Co. Ltd.: Interstellar Glory Aerospace Science and Technology Co. Ltd., also known as i-Space, is planning the maiden flight and recovery test of its Hyperbola-3 rocket. This medium-to-large liquid oxygen-methane rocket is scheduled to launch by the end of the year from the Hainan Commercial Spacecraft Launch Site. The flight will utilize an offshore recovery method, which is more fuel-efficient than a land-based recovery.

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What Happened When

2024：: Cambricon Technologies Corp. Ltd. reported a net loss of 452 million yuan.

2025：: Cambricon Technologies Corp. Ltd. reported a net profit of 2.1 billion yuan, rebounding from a net loss in 2024.

Thursday, March 13, 2026：: Cambricon Technologies released its annual report for 2025, including profit and revenue details for the year.

Thursday, March 13, 2026：: AIsphere announced completion of a $300 million Series C funding round.

Thursday, March 13, 2026：: Minister of Justice He Rong stated China will accelerate AI and low-altitude economy legislation in 2026, during the fourth session of the 14th National People’s Congress.

Thursday, March 13, 2026：: National Industrial Information Security Development Research Center issued a risk warning regarding OpenClaw’s use in industry.

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