China Company Gifts Flats To Employees: In today’s times, there is no assurance of how long a job will last. At some places there are reports of layoffs and at other places companies are reducing expenditure on employees. But a Chinese company has taken such a decision for its staff, which is surprising everyone.

This company has announced to distribute 18 flats among its employees. The price of these flats is between Rs 1.3 crore to Rs 1.50 crore. These flats are being given to those employees who have completed at least three years of service in the company.

According to the report of South China Morning Post, the aim of the company is to retain the employees for a long time and motivate them to learn new skills. About 450 employees work in this company that provides flats to its employees.

Zhejiang Guosheng Company gave flats

Zhejiang Guosheng Automotive Technology has given this gift to its employees. The company produces automotive components. Regarding this decision, the General Manager of the company said that this is a decision taken under long term consideration.

He told that, this year 5 employees are being given flats. At the same time, 8 more flats will be distributed next year. There is a plan to give a total of 18 flats in three years. The area of ​​all these flats is 1076 to 1615 square feet. The total output value of the company in 2024 was $70 million.

Flats will be transferred after so many days

All the flats have been built within 5 kilometers of the industrial area. The company is also getting the employees to sign a contract. Under which the flats will be handed over to them after the completion of the work and the flats will be transferred to the employees only after completing 5 years of official service.

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Chinese companies dominate the market of devices worn on the wrist. This market has increased in the second quarter of the year and Chinese company Huawei holds number one here. Another Chinese company Xiaomi has strengthened its position in second place and is continuously leading from Apple. American tech giant Apple is standing third in this market. Let us know that the status quo has remained at three places before the last one year. However, Xiaomi has strengthened her legs at the second position.

Huawei at the forefront

In the second quarter of 2025, Huawei shipped 9.9 million devices and remains the king of this market. This Chinese company has 20 percent market share. Xiaomi at the second position is not far behind. Xiaomi shipped 95 million units in the second quarter and is presenting a tough fight for Huawei with 19.3 percent market share. Apple has a 15 percent stake in this market and has sold 7.4 million devices.

Xiaomi saw fast growth

Xiaomi was already in second place, but has seen fast growth. With a growth of 61 percent on an annual basis, Xiaomi has increased its distance from Apple. Apple has also benefited from 28 percent growth on an annual basis. If we talk about the entire market, then it has increased by 12.3 percent on an annual basis.

Samsung suffered a big loss

Samsung has suffered a loss on an annual basis in the market of devices worn on the wrist like smartwatch or fitness band. Among the top five companies, Samsung is the only company that had to face negative growth. In the second quarter of this year, Samsung’s shipment has reduced by 2.1 percent compared to last year.

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Adani group on tie-up with chinese company byd: The Adani Group has dismissed the media report outright, claiming that it is exploring the possibility of alliance with Chinese companies BYD and Beijing Velion New Energy Technology in the field of battery manufacturing and clean energy technology. Adani Enterprises Limited, the leading company of Adani Group, clarified to the stock market on Monday that the news of Chinese companies on Monday clarified the news and the news Are wrong.

In a statement, the Adani Group clearly stated, “The Adani Group is not exploring any kind of cooperation with BYD for battery manufacturing in India. Similarly, we are not discussing any kind of partnership with Beijing Velion New Energy Technology.”

Reports were rejected by Adani Group

The statement further stated that in some reports it was claimed that the group chairman Gautam Adani is “leading the discussion” with BYD officials to carry forward his efforts in the field of battery and clean energy in India.

However, the Adani Group already has a huge portfolio of clean energy, from solar module construction to wind power equipment and green hydrogen. The group is increasing its solar module construction by 10 gigawatt per year and wants to almost double its wind turbine manufacturing capacity to 5 GWing per year. The group is also considering setting up a feature for the manufacture of the electrolyzer used in the production of green hydrogen.

1000 billion investment target in next 5 years

Significantly, the Adani Group has set a target of capital investment of 1000 billion (1 lakh crore) in the next five years. It is believed that this will bring a complete change in the infrastructure of the country. The business of Adani Group is spread over thermal and renewable power generation, transmission, distribution, LNG, PNG, CNG, LPG, battery storage, hydrogen trucks, EV charging stations, pumps, hydro and mining. Additionally, it is India’s second largest cement manufacturer, and is also active in aerospace, defense, data center and real estate areas.

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