8:00 am, 1st Kr. Zhang Xue responds to Chen Guangbiao gifting a Rolls-Royce worth 13 million yuan; Yu Hui Tong Hang once promoted brands like UCECOYA, with sales exceeding tens of millions; Elon Musk responds to the cold reception of OpenAI stocks in the secondary market.
Today's Hotspot Guide
Douyin's Lifestyle Services Undergoes Major Organizational Restructuring
Hangzhou Market Supervision Department Launches Investigations into Companies like Suoxiang
Iran: The Strait of Hormuz Will Be Permanently Closed to Enemies
The Wholesale Price of Original Cases of Feitian Moutai Rises to 1,730 Yuan per Bottle
Eli Lilly's Oral GLP - 1 Drug Approved for Weight Loss in the US
Top 3 Big News
Zhang Xue Responds to Chen Guangbiao's Gift of a Rolls-Royce Worth 13 Million Yuan
On April 1st, Chen Guangbiao posted a video on a social platform, stating that he would gift Zhang Xue, the founder of Zhangxue Motorcycle, a Rolls-Royce worth 13 million yuan. In the early morning of April 2nd, Zhang Xue responded, saying, "Then I'll accept it. By the way, I'm looking for a nearby second-hand car dealer (with high credibility and authority) to come and buy it at a 20% discount. I'll donate the money to the Smile Angel Foundation. We'll just have to make do with using a van to pick up customers." Previously, Zhang Xue had said that she still hadn't obtained a driver's license for cars. (Yicai Global)
"With Hui on the Way" Responds to Promoting "Yusiyi": Deeply Apologetic, Full Refunds
On April 1st, CCTV exposed that "Australian Yusiyi" fabricated its overseas origin and brand background. The so - called Melbourne factory was actually a car repair shop, and the products were actually produced by domestic contract manufacturers. After the incident escalated, all official flagship stores of Yusiyi on Douyin, Tmall, etc. were shut down. The brand issued a statement that night to respond to the controversy, and multiple departments have simultaneously launched investigations. According to previous reports, the top live - streaming room "With Hui on the Way" had promoted products related to this brand, with sales reaching 10 million - 25 million yuan and sales volume between 75,000 and 100,000 orders, making it one of the important sales channels.
On April 2nd, "With Hui on the Way" responded to promoting "Yusiyi". "With Hui on the Way" stated that in response to the recent reports by CCTV about the issues of Yusiyi's relevant merchants and products, it has paid high attention, initiated a comprehensive review and verification immediately, and is closely following up on the investigation progress of relevant departments. "We are grateful for everyone's long - standing trust. Considering the priority of protecting consumers' rights and interests, before the official investigation results are released, we can advance the full refund for consumers who purchased Yusiyi products in our live - streaming room to ensure everyone's rights and interests," said "With Hui on the Way".
The core of this storm is a popular health supplement that claims to be "imported from Australia" and quickly increased its sales volume with the support of live - streaming rooms and celebrity endorsements. Yusiyi has long promoted itself with the selling points of being an "Australian precision nutrition brand" and having "TGA certification". The unit price of products such as blueberry lutein ranges from 293 yuan to 434 yuan, and the cumulative sales volume of the whole series has exceeded 4 million bottles. (Yicai Global, Dumiao Finance, The Paper)
Elon Musk Responds to OpenAI Stocks Cooling off in the Secondary Market
It is reported that OpenAI's stocks have fallen out of favor in the secondary market and have even become almost unsellable in some cases, while investors are quickly flocking to its biggest competitor, Anthropic. Tesla CEO Elon Musk responded to a related report shared by netizens on a social platform and commented, "Not surprising at all." (Sina Finance)
Large Companies/ Major Events
Douyin's Local Services Undergoes Major Organizational Structure Adjustment, with Small and Medium-sized Merchants Becoming More Important
36Kr has exclusively learned that recently, Douyin's Local Services completed its second major organizational structure adjustment after the appointment of Pu Yanzi. This adjustment re-divides the departments into online and offline ones based on the scale of merchants. Customers with a monthly GMV of over 50,000 yuan are placed in the online department, which is divided into three sections: KA (with a monthly GMV of over 100,000 yuan), Self-service (with a monthly GMV between 50,000 and 100,000 yuan), and Hospitality. The first two of these are further subdivided by industry into Food & Beverage and In-store General. Customers with a monthly GMV of less than 50,000 yuan are placed in the offline department. The offline department is divided into the Northern Region, Southern Region, and Eastern Region according to geographical areas. Compared with the previous regional division, the Shanghai Region and the Central Region have been removed, and the Eastern Region has been added. Merchants in the Central Region have been redistributed to the Northern and Eastern Regions. The core logic of this adjustment is to stratify by merchant volume and divide labor by business scenarios, bidding farewell to the extensive management model of the previous "full-region regionalization" and forming a setup of "in-depth brand cultivation online and on-the-ground penetration offline". Capturing small and medium-sized merchants is the key area of focus for Douyin's Local Services in the future.
MOFCOM Responds to Meta's Acquisition of Manus and Issues Related to Enterprises' Cross - border Operations
The Ministry of Commerce held its regular press conference on April 2nd. A reporter asked about the measures China would take regarding Meta's acquisition of Manus and issues related to enterprises' cross - border operations. He Yadong, the spokesperson of the Ministry of Commerce, responded that the Chinese government supports enterprises in carrying out cross - border operations and technological cooperation as needed. Relevant actions need to comply with Chinese laws and regulations and fulfill legal procedures. (Xinhua News Agency)
Zhangxue Motorcycle's Winning Racer Speaks Out: Without Any One of the Three, Winning the Race Would Be Impossible
On March 29th, at the Portimão Circuit in Portugal. In the last few laps, 34-year-old Valentin Debise, riding the No. 53 motorcycle, steadily stayed ahead of his competitors. Finally, with an advantage of 3.685 seconds, he crossed the finish line of the second round of the World SuperSport Championship (WorldSSP), securing a double victory for the weekend. What made this possible was the Chinese motorcycle "rookie" - Zhangxue Motorcycle 820RR-RS. This victory brought a large number of orders for Zhangxue Motorcycle and also won Valentin Debise attention and fans in China.
On April 1st, in an exclusive interview with a reporter from NBD (National Business Daily), Valentin Debise said, "An excellent racer, an excellent motorcycle, and an excellent team. Without any one of the three, it's impossible to win the race." After winning the championship, Valentin Debise fully understood the weight of Zhangxue Motorcycle's slogan "Extreme Passion". (National Business Daily)
Tencent Cloud: Apologizes and Announces Compensation Plan
On April 2nd, Tencent Cloud's official Weibo post stated: This morning, some users experienced abnormal login issues, which have now been fully resolved. We apologize for the inconvenience. We will compensate affected users with 1000 Credits. On the same day, Zhang Jun, the public relations director of Tencent, reposted the Weibo and said: We're very sorry that the abnormal login of Workbuddy has brought inconvenience and trouble to your work and plans. The issue has now been fully resolved. We will directly compensate all affected users with 1000 Credits, and the credits will be automatically credited to their accounts. We apologize to everyone again! (Caixin)
You Siyi Marketing Planning Company Under Investigation
On April 1st, after China Media Group reported on the chaos in the "imported" health supplement market, the Hangzhou market regulatory authorities immediately launched an investigation into Hangzhou Suoxiang Marketing Planning Co., Ltd. Ye Zhenlin, the squadron leader of the Administrative Law Enforcement Team of the Binjiang District Market Supervision and Administration Bureau in Hangzhou, said that they had retrieved the company's contracts and chat records. From May 2023 to March 2024, the company provided brand marketing planning services for Guangzhou Yalayuan Company. At present, they have collected relevant materials such as service content and financial transactions, and are questioning the company's responsible person to further verify the relevant situation. Currently, they have filed a case to investigate the company's suspected advertising violations. Next, they will strictly and promptly investigate and punish the suspected illegal acts of the involved enterprise in accordance with laws and regulations, respond to social concerns with effective actions, and fully safeguard the legitimate rights and interests of consumers. (CCTV News)
The three major U.S. stock indexes closed mixed, with Tesla falling more than 5%
36Kr learned that at the close on April 2nd, the three major U.S. stock indexes closed mixed. The Dow Jones Industrial Average fell 0.13%, the Nasdaq Composite rose 0.18%, and the S&P 500 Index rose 0.11%. Large technology stocks showed mixed performance. Intel rose more than 4%, Netflix rose more than 3%, Microsoft rose more than 1%, and NVIDIA and Apple had slight increases; Tesla fell more than 5%, and Meta, Google, and Amazon had slight declines. Popular Chinese concept stocks also closed mixed. 36Kr and Zhihu rose more than 7%, Tencent Music rose more than 2%, and NIO and XPeng Group rose more than 1%; Miniso, JD.com, Alibaba, and Weibo fell more than 1%.
State Tobacco Monopoly Administration: Plans to Implement Total Quantity Management for E-cigarette-related Production Enterprises
36Kr learned that the State Tobacco Monopoly Administration issued a notice on publicly soliciting opinions on the "Notice of the State Tobacco Monopoly Administration on Amending Some E-cigarette Regulatory Policy Documents (Draft for Comments)". The revised content mentions that in order to achieve a balance between supply and demand in the e-cigarette market, total quantity management will be implemented for e-cigarette-related production enterprises, and production capacity and production scale will be verified in accordance with laws and regulations. The tobacco monopoly administrative department under the State Council will comprehensively consider factors such as tobacco control, verified production capacity, market demand, enterprise orders, and compliance, and classify and verify the annual production scale, which will be used as the upper limit for the production and trading volume of corresponding product categories in the natural year for control.
Five departments require: Platforms such as Zhaopin, BOSS Zhipin, 58.com, Maimai, Douyin, Kuaishou, Sina Weibo, and Baidu Tieba should strengthen the governance of the online recruitment space and safeguard the legitimate employment rights and interests of job seekers.
Recently, five departments, including the Ministry of Human Resources and Social Security, the Cyberspace Administration of China, the Ministry of Industry and Information Technology, the Ministry of Public Security, and the National Administration of Financial Regulation, have carried out administrative guidance on standardizing the release of recruitment information on online platforms. The five departments require that online platforms such as Zhaopin, BOSS Zhipin, 58.com, Maimai, Douyin, Kuaishou, Sina Weibo, and Baidu Tieba should further strengthen their main responsibilities for information content management, ensure that the qualification review is in place, the information is clearly indicated, the content review is in place, the risk prevention is in place, and the disposal and control are in place. They should continuously improve the levels of compliant operation, technical prevention algorithms, and rights and interests protection, strengthen the governance of the online recruitment space, and safeguard the legitimate employment rights and interests of job seekers. (CCTV News)
Iran: The Strait of Hormuz Will Be Permanently Closed to Enemies
Ali Akbar Velayati, the foreign affairs advisor to Iran's Supreme Leader and former foreign minister, said on his personal social media account that the Strait of Hormuz is open to the world, but it will be permanently closed to the enemies of the Iranian people and their strongholds in the region. Velayati said that the end of the conflict depends on Iran's decision - making and strength, not on the delusions and arrogance of the aggressors. (CCTV News)
The wholesale price of original cases of Feitian Moutai has risen to 1,730 yuan per bottle, and i-Moutai has tightened the purchase rules again
The wholesale reference price disclosed by "Yimao Shijia" shows that the price of original cases of 2026 Feitian Moutai has been rising for many days recently, reaching 1,730 yuan per bottle on April 2. Meanwhile, i-Moutai, the official self-operated platform of Kweichow Moutai, has tightened the purchase rules again, limiting each person to one order per day. That is, each person has only one chance to purchase per day, and can buy 1 - 6 bottles at a time. After placing an order once, they cannot make another purchase on the same day. When i-Moutai launched Feitian Moutai at the beginning of this year, each person was limited to a cumulative purchase of 12 bottles per day; starting from January 4, it was changed to a cumulative limit of 6 bottles per person per day, which could be placed in multiple orders. (Caixin)
US Announces 100% Tariff Imposition on Imported Patent Drugs and Pharmaceutical Ingredients
It was learned on April 2nd local time that the US government will impose a 100% tariff on some imported drugs. The White House issued a notice on the same day, stating that US President Trump signed a document that day. According to Article 232 of the Trade Expansion Act of 1962, the US will impose a 100% tariff on imported patent drugs and pharmaceutical ingredients. This measure also provides a path for exemption or tariff reduction, aiming to force pharmaceutical companies to reach agreements with the White House on drug prices and industrial reshoring. (CCTV News)
Starbucks and Boyu Capital officially establish a joint venture to jointly operate Starbucks' retail business in the Chinese market
On April 2nd local time, Starbucks announced the official establishment of a joint venture with alternative asset management firm Boyu Capital to jointly operate Starbucks' retail business in the Chinese market. According to the agreement, Boyu will hold up to 60% equity in the joint venture, while Starbucks will retain 40% equity and continue to be the owner and licensor of the Starbucks brand and intellectual property. The new joint venture currently operates approximately 8,000 directly - managed coffee shops, and these coffee shops will gradually transition to the franchise model. The common long - term goal of both parties is to ultimately expand the number of stores to 20,000. (Jiemian News)
ZhiJie Automobile Officially Announces Guo Rui as Chairman and CEO
On April 2nd, ZhiJie Automobile officially announced the appointment of Guo Rui as Chairman and CEO, who will be fully responsible for the company's operation and management, effective immediately. (Securities Times)
Hermès to Open New Store in Sanlitun, Beijing
36Kr learned that on April 2nd, Hermès announced that it will open a new store in Sanlitun, Beijing. This is Hermès' fourth store in the Chinese capital since 1997.
The Ministry of Commerce and other departments are conducting the purchase and storage of central reserve frozen pork
In order to maintain the stable operation of the pork market and give better play to the regulatory role of the central reserve, the Ministry of Commerce, the National Development and Reform Commission, and the Ministry of Finance have recently been carrying out the purchase and storage of central reserve frozen pork. Next, the Ministry of Commerce will continue to closely monitor the pork market, strengthen trend analysis, and work with relevant departments to do a good job in reserve regulation to ensure the stable operation of the market. (CCTV News)
Leaked iPhone 18 Pro Mold Reveals Epic Reduction of Dynamic Island
On April 2nd, a blogger posted the metal mold of the iPhone 18 Pro on a social platform. From the details of the mold openings at the top, the area of the Dynamic Island on the iPhone 18 Pro is significantly smaller compared to its predecessors. It is reported that the iPhone 18 Pro series features a brand - new Dynamic Island design. The overall size has been reduced by approximately 35% compared to the current models. Through technological breakthroughs, Apple has successfully hidden some of the core Face ID components beneath the screen, effectively reducing the area of the front openings. As a result, the iPhone 18 Pro has the highest screen - to - body ratio in Apple's history. (Kuaikeji)
Reports say Qualcomm and MediaTek to cut production of 4nm mobile processors by about 15 - 20 million units in total
It is reported that the supply - chain pressure caused by the recent sharp rise in the price of memory chips has begun to seriously affect the demand in the smartphone market. MediaTek and Qualcomm are significantly reducing the shipments of 4nm smartphone chips, with an estimated reduction of about 15 - 20 million units, equivalent to 20,000 - 30,000 wafers. (Caixin)
Questions Raised over the Increase in Accounts Receivable of Hengyu Xintong: Latest Response
During the morning trading session on April 2nd, the stock price of Hengyu Xintong declined. According to the news, Hengyu Xintong released its annual report for 2025 on the evening of April 1st. The market has doubts about the continuous increase in the proportion of the company's accounts receivable to its operating revenue. The annual report shows that the amount of the company's accounts receivable at the end of 2025 increased by 19% compared with the beginning of the year, mainly due to the unsettled sales payments during the reporting period. In response, a staff member from the securities department of Hengyu Xintong said that the 2025 annual report may fall short of investors' expectations in some aspects, but the stock price is affected by multiple factors. Regarding the increase in accounts receivable, the staff member from the securities department of Hengyu Xintong stated that there are indeed risks, and some accounts receivable may not be recovered. The company has also made provisions for bad debts. The increase in the proportion of accounts receivable is mainly related to the periodicity of the company's settlement with its customers. The customers have a certain settlement process and payment cycle, and the company is just one link in the customers' settlement process. (China Securities Journal)
Eli Lilly's Oral GLP-1 Drug Approved for Weight Loss in the US
Eli Lilly announced on April 1 (local time) that its oral small-molecule GLP-1 receptor agonist, Orforglipron, has been approved by the US FDA for marketing to treat adult obesity or overweight. (Jiemian News)
Microsoft is Developing High-Performance Large Models In-House to Reduce Dependence on OpenAI
Microsoft has stated that the company is working on developing high-performance and cutting-edge large models. This statement also acknowledges that it is seeking to reduce its reliance on the models of its partner, OpenAI. Mustafa Suleyman, the CEO of Microsoft AI, said in a Bloomberg interview published on April 2nd that the company plans to create "world-class" multimodal large models suitable for various types of data such as text, audio, and images. (Sina Finance)
SpaceX Reportedly Seeks to Go Public at a Valuation of Over $2 Trillion
It is reported that SpaceX has raised its target valuation for the IPO to over $2 trillion. The world's most valuable startup is preparing for what could be the largest listing transaction in history. People familiar with the matter said that before talks with potential IPO investors in the coming weeks, the rocket, satellite, and artificial intelligence company under Elon Musk and its advisors are presenting this figure to potential investors. A valuation of over $2 trillion means that SpaceX's valuation has increased by nearly two - thirds in just a few months. According to previous reports, SpaceX's valuation after the acquisition of xAI was $1.25 trillion. (Caixin)
Berkshire Hathaway is reported to have hired banks to issue yen-denominated bonds
Berkshire Hathaway is reported to have hired banks to issue yen-denominated bonds. (Caixin)
Going public
Chow Tai Fook
36Kr learned that documents from the Hong Kong Stock Exchange show that Guangdong Chow Tai Fook Industrial Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with CITIC Securities as the sole sponsor.
CHANDO
36Kr learned that according to documents from the Hong Kong Stock Exchange, CHANDO Global Holdings Limited has submitted a listing application to the Hong Kong Stock Exchange. The joint sponsors are Huatai International and UBS Group.
AGS Health
It is reported that AGS Health, owned by Blackstone Group, has submitted an application to conduct an IPO in India, aiming to raise $500 million. (Cailian Press)
PT Merdeka Gold Resources Tbk - S
36Kr learned that according to documents from the Hong Kong Stock Exchange, PT Merdeka Gold Resources Tbk - S submitted a listing application to the Hong Kong Stock Exchange, and the sponsor is CLSA.
Huaheng Biotech
36Kr learned that Huaheng Biotech announced that the company is carrying out relevant work on applying for the issuance of overseas-listed shares (H shares) and listing on the Main Board of The Stock Exchange of Hong Kong Limited. The company recently received the "Notification on Filing for Overseas Issuance and Listing of Anhui Huaheng Biotechnology Co., Ltd." issued by the China Securities Regulatory Commission. The company plans to issue no more than 31.9593 million overseas-listed common shares and list on The Stock Exchange of Hong Kong.
The Cutting-Edge of AI
The average daily Token usage of the Doubao large model exceeds 120 trillion, and the public beta of Seedance 2.0 API is launched
36Kr learned that on April 2nd, Volcengine announced at the AI Innovation Roadshow in Wuhan that the public beta of Seedance 2.0 API is open to enterprise users. It is reported that as of March this year, the average daily Token usage of the Doubao large model has exceeded 120 trillion, doubling in the past three months and increasing by 1000 times compared to when it was launched in May 2024. Currently, the number of enterprises with a cumulative Token usage of over one trillion on Volcengine has increased from 100 at the end of last year to 140.
Alibaba Releases New Generation Large Language Model Qwen3.6-Plus of Qianwen
36Kr learned that Alibaba has released the new generation large language model Qwen3.6-Plus of Qianwen. Qianwen 3.6 has native multi-modal understanding and reasoning capabilities. In actual test scenarios such as front-end web development and complex warehouse-level tasks, Qianwen 3.6 can independently disassemble tasks, plan paths, conduct tests and make modifications until the task is completed. Currently, Qwen3.6-Plus has been listed on Alibaba Cloud Bailing, with a minimum of 2 yuan per million Tokens (tokens) of input; Qianwen 3.6 has also landed on Alibaba's AI applications and platforms such as Wukong and Qianwen App.
Wukong Integrates with Domestic Programming Model Qwen3.6-Plus
36Kr learned that on April 2nd, Alibaba officially released the new-generation large language model Qwen3.6-Plus, and Alibaba's flagship AI application for the enterprise market, Wukong, completed the integration.
Step 3.5 Flash 2603 Model of Jieyue Xingchen Launched
36Kr learned that Jieyue Xingchen has officially launched a new model, Step 3.5 Flash 2603. It is understood that Jieyue Xingchen's Step 3.5 Flash 2603 is a practical developer model for high - frequency programming and daily Agent workflows, which is continuously optimized based on Step 3.5 Flash. It has been specifically enhanced for scenarios such as code generation, debugging, refactoring, and Agent workflows. Subscribers of the Step Plan can directly call the API of this model.
ZeroCloud is launching the "Cloud Lobster" OpenClaw service
36Kr learned that ZeroCloud has officially launched the "Cloud Lobster" OpenClaw service. It allows one - click deployment on the cloud and has built - in multi - model combinations. Users don't need to configure any API Key or environmental parameters. For AI model calls, based on intelligent scheduling and multi - model routing technology, ZeroCloud can automatically match the optimal model according to the task complexity. The "Cloud Lobster" doesn't require complex configuration and can quickly and seamlessly access overseas models such as Codex and Claude. At the same time, it supports one - click access to Feishu, DingTalk, WeCom, etc.
Financial reports of large companies
Yanjing Beer: Net profit in Q1 is expected to increase by 55%-65% year-on-year
36Kr learned that Yanjing Beer announced that it expects the net profit attributable to shareholders of listed companies in the first quarter of 2026 to be between 256 million yuan and 273 million yuan, a year-on-year increase of 55%-65%.
Soft Control Co., Ltd.: The net profit attributable to the parent company in 2025 was 403 million yuan, a year-on-year decrease of 20.36%
36Kr learned that Soft Control Co., Ltd. released its 2025 performance report. The report shows that in 2025, the operating income reached 8.323 billion yuan, a year-on-year increase of 15.95%; the net profit attributable to shareholders of the listed company was 403 million yuan, compared with 506 million yuan in the same period of the previous year, a year-on-year decrease of 20.36%; the basic earnings per share was 0.3952 yuan.
Topstar: In 2025, the net profit was 73.8725 million yuan, a year-on-year increase of 130.12%
36Kr learned that Topstar released its 2025 performance report. The report shows that during the period, the company achieved an operating income of 2.51 billion yuan. The revenue of the intelligent energy and environmental management system business further shrank by 25.55% year-on-year. By the end of 2025, the company had basically completed the divestiture of this business. In 2025, the company achieved a net profit attributable to shareholders of the listed company of 73.8725 million yuan, a year-on-year increase of 130.12%. The overall gross profit margin was 28.25%, a year-on-year increase of 13.66 percentage points.
China Merchants Highway: Net profit in 2025 decreased by 13.38% year-on-year, plans to distribute RMB 3.73 per 10 shares
36Kr learned that China Merchants Highway released its annual report for 2025. The report shows that during the period, the company achieved an operating income of 13.36 billion yuan, a year-on-year increase of 5.11%; the net profit attributable to shareholders of the listed company was 4.61 billion yuan, a year-on-year decrease of 13.38%. The company plans to use 6,795,094,992 shares as the base to distribute a cash dividend of RMB 3.73 (tax included) per 10 shares to all shareholders, without issuing bonus shares or converting capital reserves into shares.
Investment and Financing
Shize Biotech Completes 500 Million Yuan in Series C/C+ Rounds of Financing
36Kr learned that Shize Biotech announced the consecutive completion of 500 million yuan in market - based financing in the Series C/C+ rounds, and has completed market - based financing for six consecutive years. The financing was jointly led by China National Venture Capital Investment Fund and Jiangsu Industrial Investment and Social Security Fund, with follow - on investments from Yuyao Industrial Investment, BOC Capital, Shanghai Minhang Financial Investment, Shanghai Pudong Haitong Fund (Haitong Leading Area Mother Fund), Huajin Investment (under Zhuhai Science and Technology Industry Group), and Jiaxing Inno - Tech. Existing shareholders such as Fengrui Capital, Suzhou Angel Mother Fund, Xinxi Capital, and Qisheng Capital continued to increase their investments. This financing will be used to further support Shize Biotech in advancing several "First - in - China" or "First - in - the - World" allogeneic universal iPSC - derived cell new drugs independently developed by the company to the critical confirmatory clinical stage, improving the company's large - scale and standardized production capacity of "off - the - shelf" neural cell new drugs, as well as the quality management and control system, and ensuring the accessibility of the commercial application of Shize Biotech's universal cell new drugs.
"Xinghaitu" Completes Nearly 2 Billion Yuan Series B+ Round of Financing
36Kr learned that "Xinghaitu" has obtained nearly 2 billion yuan in a Series B+ round of financing. The participants in this round of financing include industrial capitals such as Walden International, Lens Technology, and Xixin Investment; long - term funds such as Xiuyuan Capital, Hongzhang Investment, and Yuhai Capital; state - owned funds such as Financial Street Capital, Jinpu Investment, and Beijing Science and Technology Innovation; as well as PE institutions such as funds under CICC Capital, Puhua Capital, and Hongtai Fund.
AI Large Model Product "Qiqu" Completes Tens of Millions of RMB in Financing
36Kr learned that recently, "Qiqu", an AI large model product independently developed by Singularity Player (Shenzhen) Technology Co., Ltd., an enterprise in the MOVA ecosystem, has completed tens of millions of RMB in financing. This round of financing will be used for in - depth research on the native AI base of "Qiqu", as well as the business operation of the "Qiqu" large model, team expansion and other needs.
"Boundaryless Ark" Completes Rounds of Hundreds of Millions in Financing
36Kr learned that according to the official WeChat account of EC Capital, recently, "Boundaryless Ark" has completed two rounds of Pre-A financing, invested by the wearable device brand AfterShokz, as well as Guoruiyuan Fund, Hengsong Capital, and Shanghai Angel Club. The company has rapidly completed four rounds of financing in the past year, with a cumulative financing amount of hundreds of millions of yuan. It is understood that these two rounds of financing will be mainly used for continuously researching and developing the core capabilities of the self-developed AIOS (EVA OS), iterating the product matrix, building the developer ecosystem, and promoting commercialization. EC Capital served as the exclusive financial advisor for Boundaryless Ark in these two rounds of financing.
"EagleView Intelligent Wings" Completes Angel Round Financing Worth Tens of Millions of Yuan
36Kr learned that "EagleView Intelligent Wings", a bionic flapping-wing flying robot company, has recently completed an angel round financing worth tens of millions of yuan. The financing was led by Qigao Capital, with Miracle Plus and the Shanghai Jiao Tong University Mother Fund participating. The funds will be mainly used for product mass production, research and development of the next-generation embodied intelligent flying robots, and the construction of the world's first robot fluid simulation engine.
Compiled | Wacai