China Technology: CBO – China Brief Overnight – June 22, 2026

Research evidence excerpt

China Technology: CBO – China Brief Overnight – June 22, 2026

deploys WeChat’s own LLM, called “WeLM”.

•• BYD plans to make sub-brands independently responsible for their own profits and

losses: According to IT Home, BYD reportedly prepares to restructure its sub-brands to make

them independently responsible for their own profits and losses. The sub-brands will pay for

group-level resources including R&D, production, and procurement, based on their actual

usage, with costs managed independently. BYD’s premium brand Yangwang is at present not

included in this plan.

•• BYD expands into South Korea with plug-in hybrid models: According to IT Home, BYD’s

Korean branch announced at an event in Seoul that the company plans to introduce its DM-i

hybrid technology and launch PHEVs in South Korea to expand its market presence. BYD

believes its PHEV model Sealion 6’s monthly sales could reach 1,000 to 2,000 units, and it will

showcase its technology at the 2026 Busan International Mobility Show.

•• JD.com to share all of its AI technologies with global partners to prevent technological

barriers: According to IT Home, JD.com Founder Richard Liu said at a forum that JD.com will

open all of its AI technologies to overseas partners to prevent technological barriers.

Furthermore, JD.com launched an initiative, aiming to send 700k workers and couriers to

schools for technical training to prepare for the era of AI and robotics.

•• JD.com reports a record high number of paying users for this year's 618: According to IT

Home, JD.com reported a record high number of paying users for this year’s 618 shopping

festival as of the end of June 18. The transaction volumes for 3C digital AI products doubled

yoy, and over 1,800 home and appliance brands achieved a yoy growth rate exceeding 100%.