At 8:00, here are the latest news: After the "urination incident", Haidilao is exposed to another foreign object incident in hot pot; The Ministry of Commerce responds to the review of Meta's acquisition of Manus; Shanghai Mobile refutes the rumor of forcing employees to "cut off the internet at customers' homes".
Today's Hotspot Guide
Apple plans to release a 200-megapixel iPhone in 2028
New breakthrough in cancer vaccine: Peking University team publishes in Nature
Wang Teng, a former senior executive of Xiaomi, founded a new company
After declaring the reorganization failed, Huiyuan Group issued another statement saying it has fully taken over Beijing Huiyuan
JPMorgan Chase becomes the new issuer of Apple Card
Post-holiday prices "plummet", "10% - off air tickets" appear in many places
Top 3 Big News
Following the "urination incident", Haidilao is again exposed to a food foreign object incident in hot pot, and the guardian involved has been dealt with by the police
On the evening of January 8th, in response to the concern of consumers about "a customer in a store throwing a diaper into the hot pot", Haidilao told China News Service. On December 31st, 2025, at the Haidilao store in Yunlong Wanda Plaza, Xuzhou, a two-year-old child at a table threw a diaper into the hot pot they were using. The store immediately disposed of the pot and reported the incident to the police. The local police have legally taken corresponding measures against the guardian present on that day.
Previously, Haidilao was deeply involved in an online storm due to the "urination incident". Two 17-year-old boys urinated into a Haidilao hot pot for thrill-seeking, and this incident hit the top of the hot search list. Haidilao replaced all the tableware in the store involved, cleaned and disinfected the entire store, and sued the offenders. The two minors and their guardians were ordered to publicly apologize to Haidilao and compensate for economic losses of over 2 million yuan. On January 8th, 2026, an apology statement from Tang, the person involved in the Haidilao urination incident, and his parents was published on page 3 of People's Court Daily. Tang said in the apology statement, "I deeply realize my wrong behavior and sincerely apologize to Sichuan New-Style Catering Management Group Co., Ltd. and Shanghai Laopai Catering Management Co., Ltd. I have also received criticism and education from my parents, school, the public security department, the court, and a large number of consumers on the Internet. I will learn a profound lesson and turn over a new leaf." (China News Service, Yicai)
Ministry of Commerce Responds to Review of Meta's Acquisition of Manus
The Ministry of Commerce held its regular press conference on the 8th. He Yadong, the spokesperson of the Ministry of Commerce, said in response to a question about the review of Meta's acquisition of artificial intelligence platform Manus that the Chinese government has always supported enterprises in conducting mutually beneficial and win - win cross - border operations and international technological cooperation in accordance with laws and regulations. It should be noted that when enterprises engage in activities such as overseas investment, technology export, data transfer abroad, and cross - border mergers and acquisitions, they must comply with Chinese laws and regulations and go through the legal procedures. The Ministry of Commerce will conduct an evaluation and investigation on the consistency of this acquisition with relevant laws and regulations such as export control, technology import and export, and overseas investment in conjunction with relevant departments. (Jiemian News)
Shanghai Mobile Refutes Rumors of Forcing Employees to "Disconnect Internet at Customers' Homes", Says It Has Filed a Police Report
Recently, some media released a video exposing that on January 7, 2026, Shanghai Mobile was reported by "employees" in blue work uniforms under their real names, claiming that the company forced employees to disconnect the internet at customers' homes to increase revenue. Around 16:00 on January 8, the official Weibo account of "Shanghai Mobile" responded. It stated that recently, there have been online remarks claiming that Shanghai Mobile required home broadband installation and maintenance staff to "disconnect the internet at customers' homes". The company attaches great importance to this and hereby declares the relevant verification results as follows: Shanghai Mobile has never, in any form, required home broadband installation and maintenance staff to induce customers to handle business by forcing them to report faults. The relevant remarks seriously deviate from the facts. We have formally filed a police report with the public security organs and it has been accepted. We reserve the right to further pursue legal liability against the rumor - mongers and malicious spreaders in accordance with the law. Thank you to our customers and the general public for your attention and supervision. (The Paper)
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Large Companies/ Major Events
China National Petroleum Corporation and China National Aviation Fuel Group Announce Reorganization
36Kr learned that, according to the State-owned Assets Supervision and Administration Commission of the State Council, with the approval of the State Council, China Petroleum & Chemical Corporation and China National Aviation Fuel Group Co., Ltd. will implement a reorganization.
People familiar with the matter: Singapore's sovereign wealth fund, Baillie Gifford, etc. subscribed for shares in MiniMax's Hong Kong IPO
According to people familiar with the matter, institutions such as investment firm Baillie Gifford and Singapore's sovereign wealth fund GIC bought shares in MiniMax Group's highly anticipated HK$4.8 billion (US$619 million) Hong Kong initial public offering (IPO). The company's IPO price was set at the upper end of the indicative range. People familiar with the matter said that the shares offered to institutional investors (excluding those offered to cornerstone investors) attracted more than 70 times the subscriptions. They also said that the transaction received more than 460 quotes from institutional investors. (Sina Finance)
Apple Plans to Release 200-Megapixel iPhone in 2028
According to Huanqiu.com, Apple plans to equip the iPhone to be launched in 2028 with a 200-megapixel main camera for the first time. This is also the first significant upgrade of the main camera pixel specification of the iPhone by Apple in six years since the main camera of the iPhone 14 series was upgraded to 48 megapixels in 2022. It is worth noting that at the end of last year, there were reports that Apple's iPhone supply chain would undergo major adjustments - Samsung will produce high-end image sensors for the iPhone 18 series at its factory in Austin, Texas, USA. This marks that Apple has broken Sony's exclusive supply of image sensors for the iPhone. (Jiemian News)
New Breakthrough in Cancer Vaccines: Peking University Team Publishes in Nature
Early on January 8th, Beijing time, the latest achievements of Peking University regarding cancer vaccines were published in Nature. The team led by Chen Peng from the College of Chemistry and Molecular Engineering at Peking University, in collaboration with the team led by Xi Jianzhong and the team from Shenzhen Bay Laboratory, proposed a new strategy of "degradable vaccines" for the first time, providing a new path to overcome the medical problem of cancer immune tolerance. In experiments at different levels, from cells and mice to patient - derived organoid models, the efficacy of the iVAC molecule has been verified time and time again. "I was very excited when I saw that the tumor growth in all the mice was effectively inhibited. Compared with traditional immune checkpoint blockade therapies, iVAC showed significantly better anti - tumor effects," said Han Yu, a postdoctoral researcher and one of the first authors. (Caixin)
Wang Teng, a former senior executive of Xiaomi: Founded a new company after leaving Xiaomi
36Kr learned that Wang Teng, the former general manager of Xiaomi's China market department, posted that he started preparing for entrepreneurship after leaving Xiaomi. Recently, his new company has been established, named "Today Is a Good Day to Rest". The goal is to develop products related to sleep health. Wang Teng said that he has currently assembled a startup team, and the core members mainly come from leading technology giants such as Xiaomi and Huawei.
CHAGEE Responds to Rumors of Hong Kong Listing: No Plan for Now
On January 7th, it was reported that Chinese tea beverage chain brand CHAGEE is considering a listing in Hong Kong. People familiar with the matter said that CHAGEE has initiated preliminary discussions with investment banks regarding the listing plan. The potential financing amount could reach hundreds of millions of US dollars, and it might happen this year. The relevant consultations are still ongoing, and the company may also decide not to proceed with the Hong Kong listing plan. Additionally, the plan still needs regulatory approval. In response to the rumors of a potential secondary listing in Hong Kong, CHAGEE told reporters that there is currently no plan. (The Paper)
After announcing the failure of the reorganization, Huirun Group issued another statement saying it would take full control of Beijing Huirun
On January 8, Huirun Group, the former shareholder of Beijing Huirun Food and Beverage Co., Ltd. (hereinafter referred to as "Beijing Huirun"), issued a solemn statement regarding the re - takeover of the Huirun brand. It stated that the reorganization investor, Shanghai Wensheng, had failed to fulfill the terms of the "Reorganization Investment Agreement". Not only did it default on 850 million yuan in investment funds, but it also illegally produced counterfeit products using non - Huirun system raw materials through contract manufacturers. Based on this, Huirun Group announced that it would take full control of the brand - related business and suspend the performance of the original agreement and ancillary contracts. (The Paper)
He Xiaopeng: Humanoid robots and flying cars will be mass-produced on a large scale this year
On the afternoon of January 8th, XPeng Motors launched four new models, including the new all-electric XPeng G6, the new all-electric XPeng G9, the range-extended XPeng G7, and both all-electric and range-extended versions of the XPeng P7+. All four new models will be equipped with XPeng Motors' second-generation VLA large model. He Xiaopeng said that this is the first large model in the physical world in the industry to achieve the initial capabilities of L4 level. He also revealed that this year, XPeng will witness the implementation and large-scale mass production of physical AI. It will start operating Robotaxis and mass-produce humanoid robots and flying cars on a large scale. (Securities Times)
Vanke A: Yu Liang Retires at the Mandatory Age and No Longer Holds Any Position in the Company
It is reported that on January 8th, Vanke A announced that Yu Liang, due to reaching the mandatory retirement age, submitted a written resignation letter to the company's board of directors on January 8th, 2026, resigning from his positions as a director and executive vice - president.
Information on Vanke's official website shows that Yu Liang obtained a master's degree in economics from Peking University in 1997 and joined Vanke in 1990. He served as the chairman of the board, president, and CEO of Vanke in 2017. In January 2025, Vanke's management team was adjusted, and Yu Liang resigned from the position of chairman of the board and served as a group director and executive vice - president. (Beijing News)
Samsung Electronics Forecasts: Company Profits to Nearly Triple Due to Soaring Memory Chip Prices
Driven by the surging demand related to artificial intelligence, which has led to a significant increase in the prices of memory chips, South Korea's Samsung Electronics expects its profits in the last three months of last year to triple, hitting a record high. According to the earnings guidance released by the company on January 8th, the world's largest memory chip manufacturer anticipates an operating profit of 20 trillion won in the fourth quarter and consolidated sales of approximately 93 trillion won. (Sina Finance)
JPMorgan Chase Becomes the New Issuer of Apple Card
Apple announced on January 7 that JPMorgan Chase will replace Goldman Sachs as the new issuer of the Apple Card. Apple said that the transition process for this partnership is expected to take up to 24 months. Although Apple has changed its partner bank, the Apple Card will continue to conduct transactions through the Mastercard payment network. (Sina Finance)
National Healthcare Security Administration: Strive to Build a Convenient Payment System in About Three Years
On January 8th, the General Office of the National Healthcare Security Administration issued the "Notice on Vigorously Promoting Convenient Payment Methods such as Face Recognition Payment, One - Code Payment, Mobile Payment, and Credit Payment", clarifying the acceleration of the implementation of face recognition payment, one - code payment, mobile payment, and credit payment in various medical scenarios. It aims to comprehensively establish a convenient healthcare insurance payment system in about three years. According to the notice, in principle, each province should have no less than two cities for the initial promotion. Each province should ensure that the initial promotion areas and designated medical institutions achieve tangible results in 2026, basically cover all provincial co - ordinated areas in 2027, and fully implement it in all eligible designated medical institutions within the province in 2028. (CCTV Finance)
Musk Says the Ultimate Goal Is to Produce 10,000 Starship Vessels per Year
Elon Musk, the CEO of SpaceX, recently announced one of the most ambitious manufacturing goals in the history of the space industry: to produce 10,000 Starship vessels per year. On January 4th local time, the official account of the US news website SMX on X posted that SpaceX will produce Starship vessels in the same way as it produces airplanes. The company spent $250 million to build a GigaBay factory at Starbase, aiming to accelerate the production of Starships. This 700,000-square-foot factory is designed to produce up to 1,000 rockets per year. (Sina Finance)
IKEA's Latest Response to the Closure of 7 Stores
Market news indicates that IKEA will cease operations at 7 stores, including the Baoshan store in Shanghai, starting from February 2nd this year.
In response, IKEA told reporters that in the face of changes in the retail environment and consumer behavior, the company will continuously evaluate and optimize its business portfolio, channel layout, and operational structure. Specific measures include transforming, closing, or adding business units. This adjustment is one step in the deepening process of IKEA China's "Grow+" strategy, aiming to focus resources on building channels and capabilities that are closer to consumers, including the construction of small - scale stores, price investment, and the upgrade of digital and omnichannel experiences.
Regarding the malls where the closed offline stores are located, they will be sub - leased or sold. IKEA responded that it is evaluating the specific arrangements for the disposal of relevant land assets, and the specific progress will be subject to official announcements. (Cailian Press)
Post - holiday ticket prices plunge, "10% - off air tickets" appear in many places
After the New Year's Day, the prices of air tickets on many domestic routes have plunged. Some ticket prices have even dropped to as low as 10% of the original price, and some consumers choose to travel during off - peak periods. Regarding the ticket price cuts, industry insiders in civil aviation said that this is related to the decrease in passenger flow after the holiday, and airlines can adjust ticket prices appropriately. "This is also a normal phenomenon and conforms to the post - holiday market rules. Passengers with holidays might as well take advantage of the off - season to 'hunt for bargains' and enjoy low - price discounts." (Meijing.com)
Lei Jun: Plans to Invest an Additional 200 Billion Yuan in the Next Five Years
36Kr learned that Lei Jun posted a message saying, "In 2020, we clearly defined the strategy of building the company on technology and proposed to invest 100 billion yuan in R & D over five years. We've been persevering for five or six years, and the results are gradually emerging. Of course, we still need to continue to increase R & D investment to create better products. Therefore, we plan to invest an additional 200 billion yuan in the next five years."
OpenAI Plans to Acquire the Core Team of Executive Coaching AI Tool Convogo
It is reported that AI giant OpenAI is bringing the core team of enterprise software platform Convogo under its wing. The Convogo platform is mainly targeted at executive coaches, consultants, talent development leaders, and human resources teams, and can help them automate leadership assessment and feedback reports while optimizing relevant processes. An OpenAI spokesperson said that the company did not acquire Convogo's intellectual property or technology this time, but rather recruited its team to strengthen its "AI cloud business." According to people familiar with the matter, the deal is an all - stock transaction, and the three co - founders of Convogo, Matt Cooper, Evan Cate, and Mike Gillette, will all join OpenAI. (Sina Finance)
Apple CEO Cook's total compensation last year was $74.2948 million
On January 8 local time, Apple disclosed in a filing with the U.S. Securities and Exchange Commission (SEC) that the company's Chief Executive Officer Tim Cook's total compensation in 2025 was $74.2948 million. (Jiemian News)
Anta Plans to Acquire 29% Stake in German Brand Puma
Anta Sports has made an offer to the French Pinault family to acquire their 29% stake in German sportswear brand Puma. If the deal is completed, Anta will replace the Pinault family as Puma's largest single shareholder. According to public information, Anta Sports was previously listed as one of the potential bidders for Puma. If it proceeds with the bid, Anta may team up with a private equity fund, similar to its previous acquisition of Amer Sports. Other potential bidders include Li-Ning, Japanese brand Asics, brand management giant Authentic Brands Group, and private equity firm CVC. A source said that the progress of Anta's acquisition of Puma has stalled. (Sina Finance)
Nestle Recalls Some Infant Formula in 50 Countries
Nestle recently stated on January 8 that the recall of products potentially affected by toxic contamination has been launched in at least 50 countries. Multiple major markets in Latin America, Asia, Africa, and the Middle East are affected, including Brazil, Chile, China, Egypt, Qatar, Saudi Arabia, and the UAE. Australia and New Zealand are also included. At least 27 European countries have already implemented the recall. Previously, on January 6, Nestle announced a recall notice for some batches of infant formula products in 31 countries and regions around the world. Earlier, Nestle posted on its official website that the company had tested all arachidonic acid oils and related fat mixtures used in the production of potentially affected infant formula products. Nestle explained that it had found quality issues with the fat raw materials supplied by the vendor, and there may be Bacillus cereus in the relevant batches of infant formula. This bacterium can potentially cause foodborne illnesses. (CCTV News)
i Maotai Adjusts the Supply of Fine Maotai, 1-Kilogram Maotai, and Year of the Horse Chinese Zodiac Wine
36Kr learned that on January 8th, i Maotai adjusted the supply of Fine Maotai, 1-kilogram Maotai, and Year of the Horse Chinese Zodiac Wine. Starting from January 9th, 53% ABV 500ml Kweichow Moutai (Fine) will be available on the i Maotai APP at 09:09 every day, with a daily purchase limit of 6 bottles per user. Starting from January 10th, 53% ABV 1L Flying Fairy Maotai (with a purchase limit of 6 bottles per user) and 53% ABV 100ml Flying Fairy Maotai gift sets will be added. In addition, the supply schedule of the Year of the Horse Kweichow Moutai Precious Edition (53% ABV 500ml) in 2026 will be optimized, with four major time points throughout the year: the Spring Festival period (February 10th - 16th, the 23rd to the 29th day of the 12th lunar month); the i Maotai Brand Day (May 19th - May 25th); the Mid-Autumn Festival period (September 19th - 25th, the 9th to the 15th day of the 8th lunar month); and the Winter Gathering (December 22nd - 28th).
The three major U.S. stock indexes closed mixed, with most large technology stocks falling
36Kr learned that at the close on January 8, the three major U.S. stock indexes showed mixed performances. The Dow Jones Industrial Average rose 0.55%, the Nasdaq Composite fell 0.44%, and the S&P 500 Index rose 0.01%. Most large technology stocks declined. Intel dropped more than 3%, NVIDIA fell more than 2%, and Microsoft declined more than 1%. Netflix, Apple, and Meta had slight drops. Google, Amazon, and Tesla rose more than 1%. Most popular Chinese concept stocks rose. Bilibili rose more than 6%, Tencent Music and Alibaba rose more than 5%, XPeng Motors rose more than 3%, and JD.com rose more than 2%. Baidu dropped more than 3%, iQiyi fell more than 2%, and NIO declined more than 1%.
China will launch a new round of "Double First-Class" initiative, directing newly added higher education resources towards populous provinces and central and western regions
It is reported that journalists learned from the 2026 National Education Work Conference held on January 8th that in 2026, the Ministry of Education will take the classified promotion of college reforms as a major strategic task, launching a new round of "Double First-Class" initiative, comprehensively promoting the high - quality development of local ordinary colleges and universities, and encouraging applied - oriented universities to actively align with regional major strategies. Regarding the rational adjustment of the layout and quantity of colleges and universities, the Ministry of Education will direct newly added higher education resources towards populous provinces and central and western regions, improve the counterpart support mechanism among eastern, central and western colleges and universities, and accelerate the revitalization of higher education in the central and western regions. (Xinhua News Agency)
CES Quick Guide
Navimow Continent Unveils Five New Products at CES 2026 and Systematically Proposes the "Navimow Standard" for the First Time
According to 36Kr, during CES 2026, Navimow Continent, a smart lawn mower robot brand, launched five new products. These include the X4 flagship series, which is designed for large - area all - terrain yards and features extreme performance; the H2 series, equipped with triple - fusion positioning technology and specially designed for complex yards; the i2 AWD, which is suitable for small and medium - sized areas and has an all - wheel - drive system that won't damage the grass, and the i2 LiDAR, which combines precise navigation and ease of use; as well as the Terranox series for commercial scenarios. At the same time, Navimow Continent systematically proposed the "Navimow Standard" for the first time, and all its products support "Drop and Mow" (deployment - free and automatic mapping).
Great Wall Motor Unveils Multiple Products at CES 2026
36Kr has learned that Great Wall Motor showcased four vehicle models, including the Wey Gaoshan 9 and the Tank 500 Hi4-T Intelligent Enjoyment Edition, at CES 2026. It also demonstrated a number of cutting-edge technologies. In terms of intelligent technologies, Great Wall Motor launched ASL - Spatial and Language Intelligent Agent, an intelligent agent that perceives the world from a 3D perspective, covering both in - vehicle and out - of - vehicle scenarios. In 2026, more models under Great Wall Motor will be equipped with the VLA large model. Meanwhile, Great Wall Motor will also extend high - level intelligent driving assistance to more mid - range models.
On the Market Now
MiniMax
An AI company founded just four years ago is set to enter the capital market. On January 8, an announcement from MiniMax showed that the company will issue shares at the upper - limit price of HK$165 per share and list on the Hong Kong Stock Exchange on January 9. In the pre - listing grey market trading, MiniMax's share price once soared by more than 32% during the session. As of the close, data from Futu Securities showed that MiniMax's grey market closed up 24.61%, at HK$205.60 per share.
During the subscription period, MiniMax has become the focus of new - share subscriptions in the Hong Kong stock AI sector recently. According to Futu Securities, MiniMax's final margin subscription amount exceeded HK$283.1 billion, and the public offering part was over - subscribed by more than 1,837 times, attracting 420,000 subscribers. It is one of only two new stocks in the recent period to receive applications from over 400,000 people. Before its listing, MiniMax had received investment and support from many top - tier institutions such as Mihoyo, Alibaba, Tencent, Xiaohongshu, Hillhouse Capital, IDG Capital, Sequoia Capital, Matrix Partners, Mingshi Capital, and Yunqi Partners. (Sina Finance)
Xinmai Semiconductor
36Kr learned that according to documents from the Hong Kong Stock Exchange, on January 7th, Xinmai Semiconductor Technology (Hangzhou) Co., Ltd. submitted a listing application to the Hong Kong Stock Exchange, with Huatai International as the sole sponsor.
Yiyao Technology
36Kr learned that according to the disclosure on the website of the China Securities Regulatory Commission, Shanghai Yiyao Technology Co., Ltd. (hereinafter referred to as "Yiyao Technology") has completed the record-filing for counseling with the Shanghai Securities Regulatory Bureau. It intends to conduct an initial public offering of stocks and list on the stock market. The counseling brokerage is Shenwan Hongyuan Securities Underwriting and Sponsoring Co., Ltd.
Huasheng Lithium Battery Materials Co., Ltd.
36Kr learned that Huasheng Lithium Battery Materials Co., Ltd. announced that the company is planning to issue shares (H shares) overseas and list on the Hong Kong Exchanges and Clearing Limited. This move aims to accelerate the global strategic layout, enhance overseas financing capabilities, and improve the company's capital strength and comprehensive competitiveness. Currently, the company is discussing specific implementation plans with relevant intermediaries, and the details have not been finalized. The issuance and listing of H shares will not lead to changes in the company's controlling shareholder and actual controller.
Montage Technology Group Limited
Two people familiar with the matter revealed that Montage Technology Group Limited, a Chinese semiconductor design company, plans to conduct a secondary listing in Hong Kong as soon as this month. It intends to raise between $800 million and $1 billion through a share offering, adding another highlight to the bustling fundraising pace in the Hong Kong market. Data from the London Stock Exchange Group shows that if Montage Technology achieves its target of raising $1 billion in this offering, it will be the largest new - share issuance in the Hong Kong market since Zijin Gold Mining's $3.53 billion listing in Hong Kong last September. (Sina Finance)
The Cutting - Edge of AI
JD.com Establishes "Chameleon Business Unit", Second Batch of Self-developed AI Toys to Be Fully Launched in Mid-January
36Kr exclusively learned that JD.com has established a "Chameleon Business Unit" to comprehensively undertake the development and commercialization of core AI products such as JoyAI App, JoyInside, and digital humans. It is understood that the new second batch of AI toys is in preparation. This time, the new products will introduce AI toys for people of all ages and will be fully launched in mid-January. JD's digital humans are deeply applied in multiple scenarios such as live streaming, customer service, culture and tourism, brand endorsement, sports commentary, and celebrity avatars. They have served over 50,000 brands in total, and digital human live streaming has been opened to merchants for free.
Zhipu Goes Public, Tang Jie Demands Full Return to Fundamental Model Research in Internal Letter
On January 8th, the day Zhipu went public, Tang Jie, a professor at the Department of Computer Science and Technology of Tsinghua University, the founding initiator and chief scientist of Zhipu, issued an internal letter announcing that a new - generation model, GLM - 5, would be launched soon. The internal letter also introduced three technological directions that Zhipu will focus on in 2026, including the design of a brand - new model architecture, a more general RL (Reinforcement Learning) paradigm, and the exploration of continuous learning and autonomous evolution of the model. All of them revolve around the improvement of the fundamental model capabilities. (LatePost)
OpenAI is reported to have set aside 10% of the company's shares as an employee stock incentive pool
U.S. technology media The Information, citing two people familiar with the matter on January 7, reported that OpenAI set aside an employee stock incentive pool equivalent to 10% of the company's shares last fall when the company's valuation reached $500 billion. (Sina Finance)
Moore Threads Officially Releases Version 1.1 of Open-Source Large Model Distributed Training Simulation Tool SimuMax
According to 36Kr, based on information from Moore Threads, recently, Moore Threads officially released version 1.1 of the open - source large model distributed training simulation tool, SimuMax. On the basis of fully inheriting the high - precision simulation capabilities of v1.0, this version has achieved an important upgrade from a single tool to an integrated full - stack workflow platform, providing systematic support for the simulation and optimization of large model training. This update focuses on three core innovations: a user - friendly visual configuration interface, intelligent parallel strategy search, and a System - Config generation pipeline that integrates computing and communication efficiency modeling. The new version also improves the compatibility with the mainstream training framework Megatron - LM and enhances the modeling accuracy of complex communication behaviors in hybrid parallel training, making the simulation environment closer to real production scenarios.
Compiled | Exploding Cheese Tofu