36Kr Evening News | Lu Weibing: Progress in large AI models and applications far exceeds expectations; Country Garden: The equity contract sales amount in November was approximately 2.35 billion yuan.
Large Companies:
36Kr learned that China National Petroleum Corporation announced that three joint - ventures jointly established by its wholly - owned subsidiary Taihu Investment and relevant parties have been established, and have respectively signed equity acquisition contracts with relevant parties. The three joint - ventures, PetroChina Xinjiang Gas Storage, PetroChina Xiangguosi Gas Storage, and PetroChina Liaoning Gas Storage, will respectively acquire 100% equity of Xinjiang Oilfield Gas Storage Company, Xiangguosi Gas Storage Company, and Liaohe Oilfield Gas Storage Company, with a total acquisition amount of 40 billion yuan. This transaction is conducive to ensuring the stable operation and high - quality development of the company's natural gas industry chain.
People familiar with the matter revealed that Paramount Global has more than doubled the proposed break - up fee in its acquisition offer for Warner Bros. Discovery to $5 billion. This move aims to make its acquisition plan more attractive and defeat competitors. If the two parties reach an agreement but the transaction ultimately fails to be completed, this sum will be paid to Warner Bros. The people familiar with the matter said that this shows that Paramount is confident that its merger plan can pass regulatory review. Paramount previously proposed a break - up fee of $2.1 billion. (Sina Finance)
36Kr learned that recently, Mafengwo released its 2025 winter "travel guide". Mafengwo's big data shows that the popularity of "winter travel" has increased by 300% week - on - week in the past week, and the average popularity of "skiing" in various places has increased by more than 66%. The visa - free policy has enabled Russia to "take off" successfully in the winter tourism market this year, and the popularity of Murmansk, a top destination for aurora viewing, has soared by 533%.
36Kr learned that according to the Aiqicha App, Xugong Guangcheng Intelligent Equipment (Chongqing) Co., Ltd. was established. The legal representative is Hu Sile, and the registered capital is 4 million yuan. Its business scope includes the sales of intelligent robots, industrial Internet data services, the sales of charging piles, the sales of vehicle charging, and the leasing of charging control equipment. The equity penetration chart shows that the company is indirectly wholly - owned by Xugong Group Construction Machinery Co., Ltd.
Lu Weibing: Progress in AI Large Models and Applications Far Exceeds Expectations
Lu Weibing, partner/president of Xiaomi Group, president of the mobile phone department, and general manager of the Xiaomi brand, posted the 12th episode of answering netizens' questions on social media yesterday. He responded to questions related to Luo Fuli's joining Xiaomi and the future AI new strategy. He said that in fact, we have started intensive investment in AI in the previous quarters. Although we can't disclose too much now, our progress in AI large models and applications far exceeds expectations. (Sina Technology)
36Kr learned that AliExpress is becoming the main platform for domestic two - wheeled electric vehicles to go global. During the 2025 "Black Friday", the sales of two - wheeled electric vehicles on AliExpress increased by 40 times year - on - year, attracting brands such as Ingear and Dayu Zhixing to settle in. Among them, Ingear achieved three - digit sales growth on AliExpress for three consecutive months. Statista predicts that the global annual sales will reach 77.3 million units within five years, and it is entering a market worth hundreds of billions of dollars.
The EU to Launch an Investigation into Meta over the Use of AI in WhatsApp
It is reported that the EU will launch an investigation into Meta over the use of artificial intelligence in WhatsApp. (Jiemian)
36Kr learned that Country Garden announced that in November, the company achieved a contracted sales amount attributable to shareholders' equity of approximately 2.35 billion yuan and a contracted sales floor area attributable to shareholders' equity of approximately 300,000 square meters.
Anthropic Reaches a $200 - million Agreement with Snowflake
On December 4th, Snowflake and artificial intelligence startup Anthropic announced a multi - year agreement worth $200 million to provide Anthropic's Claude large model on the cloud software company's platform. The two parties hope to deploy AI agents in "the world's largest enterprises" to help enterprises use Snowflake AI agents driven by Anthropic's Claude model. (Jiemian)
Palantir Releases an Operating System for US AI Infrastructure, with Partners Including NVIDIA
On December 4th, Palantir Technologies released an operating system called Chain Reaction for US artificial intelligence infrastructure. The founding partners include CenterPoint Energy and NVIDIA. The statement said that Chain Reaction aims to accelerate the construction of AI infrastructure by collaborating with energy producers, power distributors, data centers, and infrastructure builders. (Jiemian)
Investment and Financing:
36Kr learned that Hozon New Energy Automobile Co., Ltd. (the entity company of Nezha Automobile) issued an announcement to recruit co - beneficial debt investors from the public. According to the recruitment announcement, the total planned financing amount this time does not exceed 100 million yuan, and the final recruitment will be determined by the administrator based on the registration of investors. This financing is co - beneficial debt financing, and the borrowed funds and the interest and other expenses generated will be legally recognized as the co - beneficial debt of the debtor.
36Kr learned that according to the Aiqicha App, recently, Datang Bachuan (Chongqing) Clean Energy Co., Ltd. was established. The legal representative is Zheng Meng, and the registered capital is 37.324 million yuan. Its business scope includes power generation, power transmission, power supply (distribution), solar power generation technology services, power generation technology services, etc. The equity penetration chart shows that the company is jointly held by Yu'neng (Group) Co., Ltd., a wholly - owned subsidiary of Datang International Power Generation Co., Ltd., and Chongqing Longyu Urban and Rural Construction and Development Co., Ltd.
The UK Energy Regulator Allocates £28 Billion for Upgrading the Energy Network
The UK energy regulator, the Office of Gas and Electricity Markets (Ofgem), announced on December 4th that it will allocate £28 billion for enterprises to invest in the stability, security, and resilience of the energy network. Among them, £17.8 billion will be used to maintain the UK's gas network, and £10.3 billion will be used to strengthen the power transmission network. It is expected that the total investment will reach £90 billion by 2031. (Jiemian)
New Products:
According to LanJing News, a supply - chain insider confirmed that "ByteDance is indeed testing the market this time, and the inventory of mobile phones is not large. The first - batch of products has an inventory of about 30,000 units." At the same time, "after this round of products is sold out, the project party has not added more materials." This also means that the market circulation volume will remain stable in the short term. "ByteDance and ZTE have started the research and development of the second - generation products. Without other variable factors, it is expected to be shipped by the end of 2026." (Cailian Press)
People Familiar with the Matter: Novo Nordisk is Preparing to Launch Ozempic in India in December
The Danish pharmaceutical company Novo Nordisk will launch its diabetes drug Ozempic in India this month. Three people familiar with the matter said that Novo Nordisk is working hard to strengthen its foothold in the world's most populous country. One of the people familiar with the matter said: "Novo Nordisk hopes to launch Ozempic in the market before generic drugs offer a cheaper version." (Sina Finance)
Today's Views:
The US Commerce Secretary Criticizes the EU's Digital Regulatory Regulations Again
US Commerce Secretary Howard Lutnick criticized the EU's digital regulatory regulations again in an interview with the media on December 3rd. He believes that Europe's technology rules are causing significant losses to itself. Lutnick said in an interview with CNBC that there is ready - available capital for large technology companies to invest in and develop artificial intelligence in Europe. If Europe adopts the rules of the Trump administration on artificial intelligence, it will also receive huge investments like the United States. He also revealed that he has made similar statements to the UK. (Xinhua News Agency)
South Korea's Exports are Expected to Exceed $700 Billion for the First Time this Year
South Korea's Ministry of Trade, Industry and Energy said on Thursday that due to the strong performance of major export items such as semiconductors, automobiles, and ships, South Korea's exports in 2025 will reach a record high. Data from the Ministry of Trade, Industry and Energy shows that in the first 11 months of this year, South Korea's exports reached $640.2 billion, exceeding the full - year record of $628.7 billion in 2022. (Sina Finance)
Gabriel Galípolo, the president of the Central Bank of Brazil, recently said that the rapid influx of Chinese e - commerce goods is becoming an important external factor affecting Brazil's price structure, creating "imported deflation" in Brazil. Against the background of high - level fluctuations in food and energy prices, it provides a buffer for controlling inflation. (Xinhua Finance)
Samsung Establishes an AI Research Institute, with Li Kangxu as the First - term Director
Samsung Electronics has appointed Li Kangxu, a manager in his 30s, as the first - term director of the newly established "Samsung Research (SR) Nova Artificial Intelligence (AI) Research Institute". (Sina Finance)
Other Noteworthy News:
On December 3rd local time, the US Securities and Exchange Commission (SEC) postponed for the second time this year the deadline for hedge funds and other large investors to comply with the short - selling and related stock - lending disclosure regulations. The SEC issued a directive stating that the deadline for investment managers to comply with the short - selling regulations is now postponed to January 2nd, 2028, and the deadline for complying with the related stock - lending disclosure regulations is postponed to September 28th, 2028. "The Commission believes that these temporary exemptions are in the public interest and consistent with the purpose of protecting investors." (Jiemian)
The City of San Francisco, USA, Sues Several Ultra - processed Food Manufacturers
The city of San Francisco, USA, filed a lawsuit against 10 large US food manufacturers on December 2nd, accusing these companies of producing ultra - processed foods that may cause diseases such as type 2 diabetes, fatty liver, and cancer. The prosecutor in San Francisco said that these companies have created a public health crisis and made huge profits from it, and must be responsible for the harm caused. San Francisco is seeking compensation and civil penalties and asking the court to order these companies to stop deceptive marketing and change their marketing methods. (Xinhua News Agency)