8:00 AM, 1st Krypton | "Zhang Xuefeng.skill" launched on GitHub stirs controversy; Master Kong's "One More Bottle" promotion reported to be not honored in many stores; WeChat responds to the claim that a couple earns 2 million yuan annually by using AI to write WeChat official account articles.

Today's Hotspot Guide

Liu Qiangdong and Zhang Zetian established a new company named "Tianqiang".

NASA released the clearest lunar photos ever.

France emptied 129 tons of gold stored in the United States.

Li Jiaqi posted a statement late at night denying his retirement.

Amazon will stop providing support for older Kindle devices.

Meiyijia: Has terminated cooperation with 606 franchisees.

Top 3 Big News

“Zhang Xuefeng.skill” Launched on GitHub, Sparked Controversy. Lawyer: It May Infringe on Multiple Rights Such as Personality Rights

Recently, an open - source project named “Zhang Xuefeng.skill” has attracted wide attention on the GitHub platform. This project collects five of the late well - known education consultant Zhang Xuefeng's works, more than a dozen in - depth interviews, over 30 quotes, and multiple key decision - making records during his lifetime. It refines his unique consulting style, decision - making logic, and way of expression, and packages them into an AI agent skill file. Users can obtain consulting advice highly imitating Zhang Xuefeng's thinking and tone through AI tools in a dialogue form. This technological attempt has been called “cyber resurrection” by some netizens.

In this regard, lawyers believe that the personality and economic interests carried by the name of the deceased are protected by law, and the resulting economic interests can be inherited and enjoyed by the close relatives. Without the consent of the close relatives, using the name of the deceased for the naming and commercial promotion of AI agent products may not only mislead the public into believing that the product has a specific connection with Zhang Xuefeng or his family, but also directly infringe on the personality and economic interests carried by the name of the deceased. Therefore, Zhang Xuefeng's close relatives have every right to request the actor to bear civil liabilities such as ceasing the infringement, making an apology, and compensating for losses in accordance with Article 994 of the Civil Code. (Red Star News)

Consumers Fail to Redeem Master Kong's "One More Bottle" at Multiple Stores

Recently, media reports have indicated that Master Kong's green tea "One More Bottle" promotion has sparked numerous complaints. Consumers in various regions have reported difficulties in redeeming their prizes, with merchants shifting the blame and other issues. What was originally intended as a marketing activity to reward consumers has instead led to a trust crisis. This is a classic promotional method that the brand has brought back after 17 years. Many consumers, after winning the prize, visited multiple stores and even returned to the original place of purchase but still couldn't redeem the prize. Calling the customer service hotline also yielded no results. On social media, many netizens have also reported that "the stores here won't redeem the prizes." Some consumers angrily said, "Don't hold the event if you can't handle the redemption." (Sina Finance)

WeChat Responds to "A Couple Earns 2 Million Yuan a Year by Writing on WeChat Official Accounts with AI"

Recently, on social media, the trend of using AI to set up "one - person companies" has become extremely popular. According to a business interview account, a couple used AI to write on WeChat official accounts to earn traffic fees and made 2 million yuan a year. However, according to public information, the vast majority of the so - called 2 - million - yuan annual income comes from the 299 - yuan deposit fees charged to "content experts" or trainees, rather than advertising revenue from official account traffic.

On April 9th, the WeChat team responded to a reporter from The Paper, stating that the WeChat public platform has always encouraged real - person creation. Recently, the platform has noticed the behavior of using automated tools to replace real - person creation. The "WeChat Public Platform Operation Regulations" clearly state again that official accounts and service accounts are not allowed to use AI, scripts, interfaces, or other automated methods to replace real - person content creation, publishing, and other processes. They are also not allowed to spread or promote tutorials or services for such automated creation. Once discovered, the platform will take corresponding measures against relevant accounts according to the severity of the violation. (The Paper)

Big Companies/Big Events

Tencent Cloud Announces Price Increase

On April 9th, Tencent Cloud issued a price adjustment notice for products related to AI computing power, container services, and EMR. In view of the continuous surge in global demand for AI computing power and the significant increase in the cost of the core hardware supply chain, to ensure the service quality and the continuous supply of computing resources, Tencent Cloud will adjust the list prices of products related to AI computing power, container services, and Elastic MapReduce (EMR) starting from May 9th, 2026. For product services related to AI computing power: a 5% increase; for product services related to the native nodes of the container service TKE: a 5% increase; for product services related to Elastic MapReduce (EMR): a 5% increase. (Jiemian News)

France emptied 129 tons of gold in the United States, earning 12.8 billion euros

According to Reuters, the Banque de France (the central bank of France) replaced 129 tons of gold held in the vault of the Federal Reserve Bank of New York in the United States between July 2025 and January 2026 by selling old gold and buying new gold bars instead of refining. This portion of gold accounts for about 5% of France's total gold reserves. The report said that due to the high gold price during the trading period, this operation brought France a total of 12.8 billion euros in non - recurring capital gains. François Villeroy de Galhau, the governor of the Banque de France, said that the new gold bars are stored in Paris because gold bars of higher standards are traded in the European market, and he denied that this move was politically motivated. (NBD)

Li Jiaqi Denies Retirement in a Late-Night Post

On April 8th, at the 2026 Taobao Live Awards Ceremony, Li Jiaqi choked with emotion while giving a speech, expressing his gratitude to the first-generation live streamers for the past decade. He admitted that he used to be afraid to leave the live streaming room, but this year he has the confidence to possibly miss two months of live broadcasts because "all the girls know that I'm making a new attempt." Subsequently, the topic "Li Jiaqi Says He May Miss Two Months of Live Broadcasts" trended on social media. Late that night and early the next morning, Li Jiaqi posted responses on Xiaohongshu and Weibo, stating that he is not retiring. He said that he will miss the live broadcasts to film a variety show. He also corrected a slip of the tongue in the comment section, saying it's two months, not two quarters, and the filming for the first month has already ended. (Jiemian News)

Trump: The 10 Cease - fire Terms Are "Fake News"

US President Donald Trump posted on social media on the 8th, saying that The New York Times and CNN had respectively reported a "completely false set of 10 terms" regarding the Iran cease - fire negotiations. "The aim is to smear those involved in the peace process. These 10 points are a complete fabrication and a hoax."

According to a report by The New York Times on the 8th, the 10 terms proposed by Iran are as follows: 1. The United States guarantees not to invade Iran; 2. Iran controls the Strait of Hormuz; 3. End all wars on all fronts in the region, including the war with Lebanon's Hezbollah; 4. Withdraw all US combat troops from all bases and deployment points in the region; 5. Pay compensation to Iran; 6. Accept Iran's uranium enrichment activities; 7. Lift all primary sanctions against Iran; 8. Lift all secondary sanctions against Iran; 9. Revoke relevant resolutions of the International Atomic Energy Agency; 10. Revoke relevant resolutions of the United Nations Security Council. (CCTV News)

Shenzhen Health Commission Releases Report on "Ambulance 'Canceling Order' Delaying Rescue, Leading to Patient's Death"

Recently, the pre - hospital emergency rescue incident at Shenzhen Jian'an Hospital has attracted wide public attention. In response, the Shenzhen Health Commission of Guangdong Province issued a statement on the evening of April 8. The statement said that after investigation, Shenzhen Jian'an Hospital failed to send the patient to the designated hospital as per the 120 dispatch instructions, violating relevant provisions of the "Regulations on Medical Emergency Rescue in Shenzhen Special Economic Zone". The Longhua District Health Bureau has imposed a fine of 76,000 yuan on the hospital in accordance with the law; the Municipal Health Commission has, in accordance with relevant regulations, ordered the hospital to suspend pre - hospital medical emergency rescue services for six months starting from March 18, 2026. Currently, regarding issues such as the hospital's delayed rescue and untimely transfer of the patient, the patient's family has filed a civil lawsuit. The court has entrusted a professional judicial appraisal institution to conduct a medical damage appraisal, and subsequent handling will be carried out in accordance with the law and regulations based on the appraisal results. (China Youth Daily)

Shenzhen Captures 90% of the Global Consumer 3D Printing Market

Nine out of every 10 consumer 3D printers sold globally come from China, specifically Shenzhen. Four Shenzhen-based companies, Tiertime, Creality, Anycubic, and Snapmaker, collectively hold approximately 90% of the global entry-level 3D printer market share, becoming the "Four Heavenly Kings" in the 3D printing industry. In 2025, China exported 5.03 million 3D printers, a year-on-year increase of 33.2%; the total export value reached 11.354 billion yuan, a year-on-year increase of 39.1%, breaking through the 10-billion-yuan mark for the first time. According to data from the National Bureau of Statistics, in 2025, the production of 3D printing equipment increased by 52.5% year-on-year, outpacing the growth of industrial robots and new energy vehicles, making it the fastest-growing segment in the advanced manufacturing category. (Securities Times)

Amazon to Stop Supporting Older Kindle Devices

Amazon is about to stop providing technical support for Kindle devices released before 2012. These devices will no longer be able to access the Kindle Store and will basically be unable to load any new content. The company has set the deadline as May 20, 2026. (Sina Finance)

Disney Reportedly Plans to Lay Off Up to 1,000 Employees, First Major Move After New CEO Takes Office

On April 9, it was reported that Disney plans to lay off up to 1,000 employees in the coming weeks. Most of the positions to be cut will be concentrated in the marketing department. This is one of the first major moves after the new CEO, Josh D'Amaro, took office.

Since Bob Iger, D'Amaro's predecessor, returned as CEO in 2022 and launched a major restructuring, Disney has laid off more than 8,000 employees in total. People familiar with the matter said that the current layoff plan was formulated before D'Amaro took over. As of the end of fiscal year 2025, Disney had a total of 231,000 employees, about 80% of whom worked in the experience business (theme parks and consumer products). Most of the previous layoffs were concentrated in the entertainment business, ESPN sports channel, and corporate operations, while the theme park and cruise businesses have been expanding. (Jiemian News, China New Finance)

Zhang Xue to Auction Championship Racing Car and Trophy, Donating All Proceeds to Li Yapeng's "Smile Angel Foundation"

On the evening of April 8th, Zhang Xue, the founder of Zhang Xue Motorcycle, released a video stating that he will auction a championship replica racing car, a championship trophy, and a championship cap with his signature at 8 p.m. on April 10th. The starting bid is 400,000 yuan, and the proceeds from the auction will be donated to Li Yapeng. "You decide where the recipient is and what the purpose is. I trust you," he said. He also revealed that the starting bid for the racing car is 400,000 yuan. "It's a bit shabby, so I'm going to add more. The (championship) trophy is irreproducible and will be given away together with the racing car. There's also the champion's cap with my signature." It is reported that a ceiling price will also be set for this auction. (Beijing News)

Meiyijia: Has Terminated Cooperation with 606 Franchisees

On April 9th, Meiyijia released a progress report on the phased handling of the tobacco product operation issues of some stores. After a comprehensive self - inspection, in accordance with relevant requirements and the terms of the franchise compliance agreement, the company has legally and contractually terminated the cooperation with relevant franchisees for the stores found to have major abnormal tobacco - related operations during the investigation and do not meet the conditions for continued cooperation, a total of 606 stores. Subsequently, for the stores that have been verified and confirmed by the tobacco monopoly administrative department and legally dealt with, the company will handle them in accordance with regulations immediately and will never tolerate any violations. On March 14th, the 2026 "Guangdong 3·15 Gala" exposed that several Meiyijia convenience stores were suspected of selling fake cigarettes. It is reported that the investigation team conducted undercover investigations in three cities, Guangzhou, Foshan, and Dongguan, and purchased problematic cigarettes in 10 Meiyijia convenience stores. (Jiemian News, National Business Daily)

Liu Qiangdong and Zhang Zetian Establish a New Company Named "Tianqiang"

According to the Aiqicha App, on April 9th, Suqian Tianqiang Enterprise Management Co., Ltd. was established. The legal representative is Li Ruiyu, and the registered capital is 10 million RMB. The business scope includes enterprise management, information technology consulting services, and the wholesale of computer software, hardware, and auxiliary equipment. The equity penetration chart shows that the company is wholly owned by Beijing Tianqiang Kuntai Investment Management Co., Ltd., which is jointly owned by Liu Qiangdong and Zhang Zetian. In fact, the layout of the "Tianqiang Group" did not start in 2026. Earlier, the two had already entered the private equity investment field through Hainan Sanya Tianbo Industrial Private Equity Fund Management Co., Ltd. The company was established in 2021, with Zhang Zetian holding 49% of the shares, Liu Qiangdong holding 30%, and Li Ruiyu holding 21%. So far, the "Tianqiang Group" has formed a capital matrix with Beijing Tianqiang Kuntai as the controlling core, Suqian Tianqiang Equity and Sanya Tianqiang Enterprise Management as the investment execution entities, and Hainan Tianbo Private Equity as the professional fund management platform. (Yicai Global, Cailian Press)

Electric bikes collectively increased in price in April, with a rise of 200 - 300 yuan per unit

On April 7th, reporters visited electric bike stores in Hangzhou and found that many brands had received price - adjustment notices from manufacturers. An Aima dealer said that the price of newly arrived electric bikes in April will increase by 200 to 300 yuan per unit; a Yadea dealer revealed that the terminal prices are expected to be raised from April 15th, and the maximum increase of mainstream models may exceed 300 yuan. Currently, the prices of new - national - standard bikes in the store have not increased. Dealer Mr. Kong analyzed that the core reason for this collective price increase is the significant rise in the cost of upstream raw materials, including aluminum for frames, batteries, plastics and other materials, which have all increased in price simultaneously.

Mainstream brands such as Yadea, Tailing, and Aima have collectively announced that they will raise the prices of their products since April 1st, with the increase generally ranging from 100 to 300 yuan. Dealers reminded that there are still some in - stock bikes before the price increase in the stores, and the selling prices will remain unchanged for the time being, but the inventory is limited. It is recommended that customers with urgent needs place orders as soon as possible. Yadea explained in its price - adjustment letter that the prices of metal materials such as aluminum, copper, and iron have increased by more than 40%, and the prices of chemical raw materials such as plastic particles have increased by more than 80%. Coupled with the continuous rise in comprehensive costs such as logistics and energy, production and operation are facing severe challenges. (Popular News, Kuaikeji)

NASA Releases the Sharpest Lunar Photos Ever, and Artemis 2 Has Set Off on Its Return Journey

The Orion spacecraft, which carried out the Artemis 2 crewed lunar flyby mission, left the influence of the Moon's gravitational field at 13:23 EDT on April 7 (01:23 Beijing Time on April 8) and officially set off on its return journey to Earth. The spacecraft is expected to splash down near the coast of San Diego, California, on the evening of April 10, completing a 10-day lunar flyby mission. During the mission, NASA released a batch of high-resolution photos taken by the spacecraft during its lunar flyby on April 6, including stunning images such as "Earthset" and "solar eclipse." The "Earthset" photo taken from the far side of the Moon clearly shows the Earth slowly sinking below the lunar horizon; another set of "solar eclipse" images records the moment when the Moon completely blocked the Sun, resulting in a total solar eclipse that lasted nearly 54 minutes. NASA said that these images are the sharpest photos of the lunar surface and the Earth-Moon combination ever taken.

Lunar Photos

Li Yapeng Thanks Chen Guangbiao for Donating 10 Million Yuan and Clarifies Rumors about "Restricted Use"

In the evening of April 9th, Li Yapeng responded to netizens in the live - streaming room, "Brother Biao really donated 10 million yuan in real money, and it has already arrived in the account. There are no restrictions on its use. There may be some misinformation online. He fully supports our children's hospital, and we are extremely grateful!" (The Paper)

Almost all equity of the actual controller of Sleepeasy has been frozen

On the evening of April 9th, Sleepeasy, "the first stock in China's mattress industry", released an announcement regarding the successive freezing of shares held by its controlling shareholder. The announcement revealed that 9.7438 million shares of the company held by its controlling shareholder, Zhejiang Huayi Intelligent Manufacturing Co., Ltd. (hereinafter referred to as "Huayi Intelligent Manufacturing"), have been successively frozen, accounting for 11.49% of its total shareholding and 2.65% of the company's total share capital. (Jiemian News)

National TV Channels Completely Eliminate False Medical Advertising

The official WeChat account of the National Radio and Television Administration stated that in response to issues such as false promotion, exaggeration, using treatment effects as proof, and promoting cure rates and effective rates in radio and television medical advertisements that once damaged the rights and interests of the people, the National Radio and Television Administration has carried out a centralized rectification across the country since August 2025. It has worked with provincial radio and television administrative departments to formulate special work plans, and taken measures such as complaint acceptance, monitoring and investigation, judgment and identification, and urging rectification to increase the intensity of disposal and strengthen collaborative governance to ensure timely discovery, accurate identification, and effective handling of illegal advertisements. As of the end of March this year, national TV channels have completely eliminated false medical advertising. Next, the Radio and Television Administration will work with provincial radio and television administrative departments to continue to conduct monitoring and investigations, keep open advertising complaint acceptance channels such as phone calls, emails, official websites, and WeChat official accounts, resolutely safeguard the legitimate rights and interests of the general public, and effectively consolidate the results of the centralized rectification by strengthening the construction of the rule of law to resolutely prevent the recurrence of problems. (Yicai Global)

Fuel price hikes prompt express delivery companies to collectively raise prices

Recently, express delivery companies have successively raised express delivery fees in many places, including Shandong, Fujian, Jiangxi and other regions. According to the "Customer Notification Letters" issued by various express delivery companies, the rising fuel prices have led to increased costs. Some express delivery companies said that since March, affected by force majeure factors, fuel prices have fluctuated sharply and continued to rise. The cost of the logistics supply chain has increased significantly. To maintain the express delivery network service, the receiving prices have been raised. Taking Shandong as an example, companies such as STO Express, J&T Express, and ZTO Express announced that they would raise the receiving prices on April 1st. The price for 0 - 3 kilograms per order will be increased by 0.15 yuan, and the subsequent weight price for orders over 3 kilograms will be increased by 0.05 yuan per kilogram. Customers with inventory orders need to make up the price difference. Many consumers are worried whether this price increase will affect the prices for end - consumers. Regarding this price increase, an industry insider told a reporter from Yicai Global that this round of price increases mainly targets e - commerce orders, and the prices for individual orders from end - consumers currently remain unchanged. (Yicai Global)

All three major U.S. stock indexes closed higher, with Amazon rising more than 5%

36Kr learned that at the close on April 9, all three major U.S. stock indexes rose. The Dow Jones Industrial Average rose 0.58%, the Nasdaq Composite rose 0.83%, and the S&P 500 Index rose 0.62%. Most large technology stocks rose. Amazon rose more than 5%, Meta rose more than 2%, NVIDIA rose more than 1%, and Tesla, Apple, Google, and Arm rose slightly; Microsoft fell slightly. Most popular Chinese concept stocks fell. Baidu and NIO fell more than 4%, Pinduoduo and iQiyi fell more than 3%, Bilibili and XPeng Motors fell more than 2%, Tencent Music and Li Auto fell more than 1%; Alibaba and JD.com rose more than 1%.

Investment and Financing

"Amaite Medical" Secures Over 200 Million Yuan in Series D Financing

36Kr learned that on April 9th, "Amaite Medical" announced the completion of over 200 million yuan in Series D financing. This round of financing was led by Zhejiang Collaborative Life - Health Fund, with institutions such as Henan Key Intellectual Property Fund and Global Hedge Fund Management Co., Ltd. participating in follow - on investments. The funds will be used to accelerate the R & D of core products (including the commercially available carbon dioxide non - nephrotoxic contrast device and the in - development fully degradable stent), global market promotion, and international strategic layout.

“Kepler Robotics” Completes Hundreds of Millions of Yuan in Series A++ Round Financing

36Kr learned that recently, “Kepler Robotics” officially announced the completion of hundreds of millions of yuan in Series A++ round financing. This round of financing was led by SAIF Partners, and Ningbo Ruyi Co., Ltd. and Shenzhen Minbo Optoelectronics Co., Ltd. made strategic investments. Tan Zhengrong, the CFO of Kepler Robotics, said that the capital and industry shareholder resources introduced in this round of financing will provide strong support for the company's technology R & D, scenario implementation, and commercial expansion. Meanwhile, the company is about to launch the first full - stack force - tactile data acquisition solution natively adapted to the VTLA full - perception model in China.

Polygon Labs is raising up to $100 million for its payment business

According to people familiar with the matter, Polygon Labs, a blockchain developer that provides underlying support for the prediction market platform Polymarket and other crypto projects, is in early-stage financing talks with investors and plans to raise up to $100 million to develop a new stablecoin payment business. (Sina Finance)

The Cutting Edge of AI

Tencent Releases Major Version QClaw V2

36Kr learned that on April 9th, Tencent announced the launch of the major version QClaw V2. The new version (V0.2.5) implements three core capabilities: multi-Agent, application connector, and Lobster Butler. It allows users to create multiple Agents, and each Agent can customize different expertise, skills, and permissions. At the same time, it integrates with numerous third-party applications, reducing the number of steps for single-task operations by over 60%. Regarding the security issue that users are most concerned about, QClaw has launched the "Lobster Butler" function, which is the first to achieve native security protection. In QClaw, users can enable a secure environment with one click to intercept risks such as malicious prompts, skill poisoning, accidental file deletion, and leakage of sensitive information.

OpenAI Says It Plans to Reserve Some IPO Shares for Retail Investors

OpenAI Chief Financial Officer Sarah Friar said on Wednesday that the company plans to set aside a portion of shares for retail investors to subscribe to in its initial public offering (IPO). Reports last year said that the artificial intelligence startup was preparing for an IPO, with a potential valuation of up to $1 trillion, and might file a listing application with securities regulators as early as the second half of 2026. (Sina Finance)

Meta's New Superintelligence Team Unveils First AI Model, Shifts to Closed-Source

Meta Platforms released its latest artificial intelligence (AI) model on Wednesday. This is the first model launched since CEO Mark Zuckerberg restructured the company's AI division with billions of dollars in investment to keep up with competitors. The highly anticipated model is called Muse Spark and was developed by Meta Superintelligence Labs (MSL), a new team led by Chief AI Officer Alexandr Wang and composed of high - paid AI researchers. Muse Spark will power Meta's AI chatbot and, departing from the company's previous open - source strategy, will adopt a closed - source model, meaning its design and code will not be made public. (Sina Finance)

OpenAI Criticizes Anthropic for Limited Computing Power Resources

As Anthropic gains momentum in the booming artificial intelligence market, OpenAI sent a memo to investors this week, strongly criticizing this major competitor for having an "obviously small growth curve" and stating that its computing power resources are limited. According to the memo, OpenAI plans to achieve a computing power scale of 30 gigawatts by 2030, while it is estimated that Anthropic will only reach about 7 to 8 gigawatts by the end of 2027. (Sina Finance)

OpenAI's advertising revenue is expected to reach $2.5 billion this year

OpenAI is telling investors that it expects a significant increase in advertising revenue as the company is looking for new ways to support the growing costs of artificial intelligence development. It is reported that the company expects its advertising revenue to reach $2.5 billion this year and to rise significantly in the coming years. The data shown to investors allegedly indicates that advertising revenue will increase to $11 billion in 2027, $25 billion in 2028, $53 billion in 2029, and reach $100 billion by 2030. (Sina Finance)

Earnings Reports of Big Companies

New Hope: Sales revenue of commercial pigs reached 1.547 billion yuan in March, a year-on-year decrease of 19.86%

36Kr learned that New Hope announced that the company sold 1.3047 million commercial pigs in March 2026, with a month-on-month change of 32.83% and a year-on-year change of 18.00%. The relatively large month-on-month change was mainly due to the low sales volume base in February as it coincided with the Spring Festival holiday. The sales revenue of commercial pigs was 1.547 billion yuan, with a month-on-month change of 16.62% and a year-on-year change of -19.86%. The average sales price of commercial pigs was 9.74 yuan per kilogram, with a month-on-month change of -14.93% and a year-on-year change of -33.06%. The relatively large year-on-year change was mainly caused by oversupply in the market.

USI Technology: Consolidated operating revenue in March was 4.688 billion yuan, a year-on-year decrease of 6.08%

36Kr learned that USI Technology announced that the company's consolidated operating revenue in March 2026 was 4.688 billion yuan, a decrease of 6.08% compared with the consolidated operating revenue in the same period last year, and a month-on-month increase of 25.36% compared with the consolidated operating revenue in February 2026. The company's consolidated operating revenue from January to March 2026 was 13.349 billion yuan, a decrease of 2.19% compared with the consolidated operating revenue in the same period last year.

CITIC Securities Performance Report: Net Profit Reached 10.216 Billion Yuan in Q1, a Year-on-Year Increase of 54.6%

36Kr learned that CITIC Securities released its performance report. In the first quarter of 2026, it achieved an operating income of 23.155 billion yuan, a year-on-year increase of 40.91%; the net profit attributable to shareholders of the parent company was 10.216 billion yuan, a year-on-year increase of 54.6%.

Why has a smart helmet become the king's favorite?

The new live show "Insight Global" is officially launched, offering a global perspective to understand Chinese businesses.

The first episode starts with a smart helmet, the one worn by the King of Spain while skiing. Why is it a helmet from the Chinese brand LIVALL? Starting from Shenzhen, how did it enter more than 70 countries? Should Chinese brands focus on building traffic or brand reputation first when going global? On April 10th at 19:00, we've invited Zheng Bo, the founder of LIVALL, and Ruan Fei, the founder of Fengling Capital, to explore how Chinese brands can navigate the new business cycle.

Compiled | Meng Huiyu