Shenzhen Customs data: Jan–Apr robot exports reached RMB 4.03 bln, 25.5% of national robot export value—roughly one yuan in every four. Backed by a complete Greater Bay Area ecosystem that compresses core components, finished machines, control systems and integration services into a shortened value chain, Shenzhen firms achieve faster product iteration and flexible delivery. Shenzhen-made robots are now exported to more than 100 countries and regions.

The New York Times reports Iran’s traditional conservative–reformist divide has been upended after the assassination of former supreme leader Khamenei, with the conservative camp splitting into pragmatists who favor ending hostility with the U.S. and opening the economy, and hardliners who reject concessions (including on nuclear issues) and advocate prolonging the war. Four senior Iranian officials and two IRGC members told the paper that public disagreements mask deeper backstage ruptures as factions compete to win the allegiance of new supreme leader Mujtaba. Pragmatists — reportedly including senior IRGC generals, parliament speaker Qalibaf, President Pezeshkian and national security council secretary Gen. Zolghadr — have gained the upper hand and have pushed for accepting a ceasefire, direct talks with U.S. Vice President Vance and an agreement with Trump. IRGC commanders have consolidated de facto governing power since the war began, and Deputy Vice President for Administrative Affairs Mohammad-Jafar Ghaempanah said the new supreme leader does not have final decision authority, indicating a shift toward more collective decisionmaking.

Changguang Satellite has completed an equity financing of nearly Rmb5 bln led by Changfa Group and Lushi Investment, with participation from Chengtong Fund, Orient Asset Management and others; existing investors including Haitong Innovation and Shenzhen Capital Group also followed. Proceeds will be deployed to three priorities: accelerate satellite mass-production capacity and scale manufacturing efficiency; advance the Jilin-1 satellite constellation to strengthen high-resolution data acquisition; and deepen remote-sensing data applications to expand industry-specific solutions.