Krypton Evening News | USANA appoints WANG Sheng as President of China Region; Kuaishou: The live-streaming function of the Kuaishou app has gradually resumed normal service; NVIDIA is restructuring its cloud team by merging the original cloud business team with the engineering and operations departments.

Large companies:

Fliggy: The number of times platform merchants use AI operation tools will increase by 2.4 times in 2025

36Kr learned that on December 23rd, the "Walking Token - 2025 Travel AI Index" released by Fliggy showed that Fliggy's AI platform has cumulatively connected to 214 large models. The consumption of Tokens has increased by 20 times compared with last year, and the average daily number of user calls has increased by 7.7 times year-on-year; the number of times platform merchants use AI operation tools has increased by 2.4 times year-on-year.

Peacebird Group Establishes a New Investment Company in Hainan

36Kr learned that according to the AiQicha App, recently, Peacebird (Hainan) Investment Co., Ltd. was established. The legal representative is Zhang Jiangping, and the registered capital is 50 million yuan. Its business scope includes asset management services with self-owned funds, information consulting services, enterprise management consulting, investment activities with self-owned funds, etc. Shareholder information shows that the company is wholly owned by Peacebird Group Co., Ltd.

USANA Appoints Mr. Wang Sheng as President of the China Region

36Kr has learned that USANA BabyCare has officially announced the appointment of Mr. Wang Sheng as President of the USANA China Region, and he will continue to serve as the Global Vice President. This appointment takes effect immediately. It is understood that since Mr. Wang Sheng joined USANA BabyCare in January 2022, he has successively held core positions such as Vice President of Sales and General Manager of the China Region.

Wuliangye Group Sets Up a New Supply Chain Management Company in Hainan

36Kr learned that according to the Aiqicha App, Hainan Haixinrong Supply Chain Management Co., Ltd. was recently established. The legal representative is Ye Xi, and the registered capital is 100 million yuan. Its business scope includes food sales, the operation of genetically modified cotton seeds, and liquor business. The equity penetration chart shows that the company is indirectly wholly-owned by Sichuan Yibin Wuliangye Group Co., Ltd.

Kwai: The live streaming function of the Kwai app has gradually resumed normal service

36Kr learned that Kwai announced that the live streaming function of its Kwai app was subjected to a cyber - attack around 22:00 on December 22, 2025. The company immediately activated its emergency response plan. After full - force handling and system repair, the live streaming function of the Kwai app has gradually resumed normal service. Other services of the Kwai app were not affected. The company always adheres to the compliance bottom line and firmly opposes any illegal content and behavior. The company strongly condemns the illegal and criminal acts of the dark - gray industries. It has reported the above - mentioned matters to the public security organs and relevant departments, and will take other appropriate legal remedies as the situation requires to safeguard the rights and interests of the company and its shareholders.

Apple to Significantly Increase Samsung DRAM Procurement Ratio

Affected by the rapid increase in the price of memory chips, Apple is expanding its procurement of Samsung memory chips for iPhones. This shift in the supply pattern is expected to enable Samsung to account for approximately 60% to 70% of the supply of low-power dynamic random access memory (DRAM) used in the iPhone 17. In previous generations of iPhone products, the supply ratio between Samsung and SK Hynix was more balanced, and Micron also participated as a smaller supplier. (Cailian Press)

US luxury retail giant Saks Global is reported to be considering filing for bankruptcy

According to people familiar with the matter, Saks Global, the parent company of high - end department store chain Saks Fifth Avenue, is considering bankruptcy as a last resort. Sources said that before the debt of more than $100 million due at the end of this month, the company has limited options and is exploring ways to increase cash, including raising an emergency fund or selling assets. (Sina Finance)

Warner Bros. Discovery: Board to Review Paramount's Revised Acquisition Offer

Warner Bros. Discovery announced on December 22 (local time) that it has confirmed receiving Paramount and Skydance's revised acquisition offer. The board will carefully evaluate the offer based on the terms of the agreement between Paramount and Netflix. The board maintains its recommendation of the merger agreement with Netflix. (Jiemian)

NVIDIA is restructuring its cloud team by merging the original cloud business team with the engineering and operations departments

It is reported that NVIDIA is restructuring its cloud team by merging the original cloud business team with the engineering and operations departments. (Cailian Press)

Novo Nordisk: Plans to Launch Oral Tablets of Wegovy in the United States in January 2026

Novo Nordisk stated that the oral tablets of Wegovy® have been approved in the United States, becoming the first oral GLP - 1 drug for weight management. Novo Nordisk plans to launch the oral tablets of Wegovy in the United States in January 2026. (Cailian Press)

Investment and Financing:

Mianbi Intelligence Completes Hundreds of Millions of Yuan in Financing

36Kr learned that Mianbi Intelligence announced that it had recently completed hundreds of millions of yuan in financing. This financing was jointly participated in by Jingguorui, Guoke Investment, CICC Porsche Fund, Miju Capital, and Heji Investment. The raised funds will be mainly used to increase R & D investment in efficient large models on the edge side and accelerate the commercialization process of edge - side AI.

"Obita" Completes Pre-A Round of Financing, with a Cumulative Financing Scale of Nearly $30 Million in Two Rounds

36Kr learned that "Obita" recently announced the completion of its Pre-A round of financing. The company has completed two rounds of financing, with a cumulative financing scale of nearly $30 million. This round of financing was led by a leading US dollar fund, and followed by old shareholders Yuanjing Capital, Mirana Ventures, and Legend Capital. The raised funds will be mainly used to accelerate business development and promote the construction of core products and global payment infrastructure.

New Products:

DeepRoute.ai's VLA Model Enters Mass Production in Vehicles for the First Time

36Kr learned that the new intelligent advanced version of Great Wall Motors' Wei brand Lanshan was officially launched, becoming the world's first mass-produced vehicle equipped with DeepRoute.ai's VLA (Vision-Language-Action) model.

Zhipu AI Unveils New Flagship Model GLM-4.7

36Kr learned that Zhipu AI has released its new flagship model, GLM-4.7. It is understood that GLM-4.7 enhances coding capabilities, long-term task planning, and tool collaboration for coding scenarios, and improves the overall performance in chatting, writing, and role-playing.

Today's Perspective:

Guotou Securities: The performance growth rate of listed banks is expected to pick up slightly in 2026, and the revaluation of domestic banks is not over

36Kr learned that Guotou Securities released a research report stating that the performance growth rate of listed banks is expected to pick up slightly in 2026. The central bank is paying less attention to quantitative targets, and the slowdown in credit growth will continue. The growth trend of financial investment is better than that of credit. Against the background of weakening aggregate, the structure will be more important. Regions that can continue to increase leverage and banks whose credit share can steadily increase will benefit more. Currently, the banking industry is operating steadily, and the fundamentals are expected to improve moderately. Compared with the global situation, the valuations of domestic banks are still low. Coupled with the relatively small institutional holdings, the bank believes that the path of the upward shift of the banking valuation center is far from over. It is expected that the valuations of Hong Kong-listed banks will also continue to converge with the A-share banking sector.

Other news worthy of attention:

Three Departments Issue "Notice on Improving the Kindergarten Tuition Policy"

36Kr learned that the National Development and Reform Commission, the Ministry of Education, and the Ministry of Finance issued a notice on improving the kindergarten tuition policy. The notice states that the tuition of for - profit private kindergartens shall be subject to market - regulated prices. Kindergartens shall reasonably determine the tuition standards based on factors such as the cost of running the kindergarten and market supply and demand, and report them to the education administrative departments at or above the county level. Education, development and reform, and finance departments at all localities should strengthen supervision. When necessary, they may conduct cost surveys to guide reasonable tuition charging and curb excessive tuition fees.

National Energy Administration: As of the end of November, the total number of electric vehicle charging infrastructure (chargers) in China reached 19.322 million, a year-on-year increase of 52.0%

36Kr learned that the National Energy Administration released the national electric vehicle charging facility data for November. According to the data from the national charging facility monitoring and service platform, as of the end of November 2025, the total number of electric vehicle charging infrastructure (chargers) in China reached 19.322 million, a year-on-year increase of 52.0%. Among them, there were 4.625 million public charging facilities (chargers), a year-on-year increase of 36.0%. The rated total power of public charging piles reached 210 million kilowatts, with an average power of approximately 45.34 kilowatts; there were 14.697 million private charging facilities (chargers), a year-on-year increase of 57.8%. The installed electricity capacity of private charging facilities reached 129 million kilovolt - amperes.