Krypton Evening News | Tencent ima launches a new knowledge Agent - copilot; Magic Atom: Aims to achieve $14 billion in revenue by 2036

Large companies:

Magic Atom: Aims to Reach $14 Billion in Revenue by 2036

36Kr learned that on April 28th, Pacific Time, the Global Embodied Intelligence Innovation Summit (GEIS) hosted by Magic Atom in Silicon Valley came to an end. At the summit, the company released its self-developed world model Magic-Mix, the dexterous hand MagicHand H01, and the flagship humanoid robot MagicBot X1. At the conference, the company for the first time publicly disclosed Magic Atom's long-term revenue target: by 2036, the company will strive to reach a revenue scale of $14 billion. It also announced that it will continuously invest $1 billion in the next five years to build a dedicated ecosystem for the secondary development of robots.

Geely Auto: Revenue in the First Quarter Exceeds 80 Billion Yuan for the First Time, Core Net Profit Attributable to Shareholders Increases by 31% Year-on-Year

36Kr learned that Geely Auto released its performance report for the first quarter of 2026. In the first quarter of 2026, the total sales volume reached 709,358 units, a year-on-year increase of 1%. Benefiting from the strong growth of export sales and the increase in the sales proportion of high-value products, the Group's revenue during the period increased by 15% year-on-year; the core net profit attributable to shareholders was 4.56 billion yuan, a year-on-year increase of 31%; the current gross profit margin was 17.5%, a year-on-year increase of 11%. As of the end of the first quarter of 2026, the company's total cash level reached 60.2 billion yuan.

iReader Technology: Fully Promote the Industrial Layout of AI Short Dramas in 2026

iReader Technology stated at its 2025 annual performance briefing that in 2026, the company will fully promote the industrial layout of AI short dramas to achieve large - scale breakthroughs in the content ecosystem. It will significantly increase resource investment and strengthen the strategic layout in overseas markets. In the domestic market, the cost structure of AI short dramas will change significantly. In overseas markets, the traffic channels are relatively diversified. The company will vigorously promote the coordinated expansion of multiple content forms such as digital reading, high - quality short dramas, and AI comic dramas overseas, and build a global content production and distribution system covering multiple languages and regions. (Securities Times)

China Life Insurance: Net profit in the first quarter was 19.5 billion yuan, a year-on-year decrease of 32.3%

36Kr learned that China Life Insurance released its first-quarter report. In the first quarter of 2026, the company achieved operating income of 93.291 billion yuan, a year-on-year decrease of 15.3%; the net profit attributable to shareholders of the parent company was 19.505 billion yuan, a year-on-year decrease of 32.3%.

CRRC: Net profit in the first quarter was 3.378 billion yuan, a year-on-year increase of 10.66%

36Kr learned that CRRC disclosed its first-quarter report. In the first quarter of 2026, the company achieved an operating income of 53.819 billion yuan, a year-on-year increase of 10.57%; the net profit attributable to shareholders of the listed company was 3.378 billion yuan, a year-on-year increase of 10.66%.

360: Net profit in the first quarter was 109 million yuan, turning from loss to profit year-on-year

36Kr learned that 360 released its first-quarter report. In the first quarter of 2026, the company achieved an operating income of 2.011 billion yuan, a year-on-year increase of 7.9%. The net profit attributable to shareholders of the listed company was 109 million yuan, turning from loss to profit year-on-year.

Ganfeng Lithium: Net profit in the first quarter was 1.837 billion yuan, turning a profit year-on-year

36Kr learned that Ganfeng Lithium released its first-quarter report. In the first quarter of 2026, the company achieved an operating income of 9.196 billion yuan, a year-on-year increase of 143.81%; the net profit attributable to shareholders of the listed company was 1.837 billion yuan. In the same period of the previous year, it suffered a loss of 356 million yuan, turning a profit year-on-year.

Chongqing Brewery: Net profit in the first quarter was 438 million yuan, a year-on-year decrease of 7.4%

36Kr learned that Chongqing Brewery disclosed its first-quarter report. In the first quarter of 2026, the company achieved an operating income of 4.35 billion yuan, a year-on-year decrease of 0.12%; the net profit attributable to shareholders of the listed company was 438 million yuan, a year-on-year decrease of 7.4%.

Investment and financing:

"Qingtian Rent" Completes Hundreds of Millions of Yuan in Pre-A Round Financing

On April 29th, "Qingtian Rent" announced the completion of hundreds of millions of yuan in Pre-A round financing. The investors in this round include industrial players such as Zhengda Robot under Zhengda Group and Changxin Co., Ltd. Multiple listed companies such as Meige Intelligent and Lens Technology participated, and old shareholders Mingjia Capital, Zhixing Investment, and Ruizi Venture Capital oversubscribed. The financing funds will be mainly used for the construction of a national performance service network, the upgrade of robot assets and dispatching systems, the improvement of the logistics insurance system, the refinement of standardized scenario products, and the expansion of the global service network.

Xunming Biotech Completes $35 Million Series A+ Round of Financing

36Kr learned that Xunming Biotech has recently completed a $35 million Series A+ round of financing. This round of financing was led by Sequoia China, with participation from Matrix Partners China and Boyuan Capital. Existing shareholders such as Wuyuan Capital, Qiming Venture Partners, and New Alliance Capital continued to increase their investments. Xunming Biotech stated that the funds raised in this round will be used to promote the construction of its self - developed innovative functional antibody design platform AuraIDE™, strengthen the construction of the base model and agent capabilities, improve the high - throughput and high - content experimental platform facilities, and further connect the key links of the agent from project establishment, molecular design to transformation and implementation.

New Products:

Tencent IMA Launches a Brand - New Knowledge Agent - Copilot

36Kr learned that on April 29th, Tencent IMA officially launched the knowledge agent Copilot, which supports users to create their exclusive agents. Copilot has a built - in memory system. Through four major modules including Copilot settings, user profiles, long - term memory, and experience and skills, it can remember the user's background, habits, and ongoing matters, enabling continuous cross - scenario calls and reducing repeated inputs.

Today's Views:

Didi: During the May Day holiday, the demand for out-of-town rides is expected to increase by 56% compared to the period before the holiday, and the car rental reservation volume is expected to rise by 30% year-on-year

Didi Chuxing predicts that the peak of ride-hailing demand before the May Day holiday will start at 15:00 on April 30th, reach its peak at 17:00, and last until 19:00. Throughout the holiday, the demand for out-of-town Didi rides is expected to increase by 56% compared to the period before the holiday. The car rental market is also heating up. It is estimated that the reservation volume of Didi car rental will increase by 30% compared to the same period last year, and more than half of the orders come from new users. The top 10 car pick-up cities are: Beijing, Guangzhou, Urumqi, Chengdu, Shenzhen, Shanghai, Hangzhou, Lanzhou, Guiyang, and Nanning. Half of the users choose new energy vehicles, which is 2.1 times that of the same period last year.

Other noteworthy news:

Beijing Market Supervision and Administration Bureau Summons 8 Electric Bicycle Enterprises Including Yadea and Aima

On April 29, it was learned from the Beijing Market Supervision and Administration Bureau that since the beginning of this year, the market supervision departments in Beijing have taken various measures such as unannounced inspections, surprise night checks, traceability investigations, and inspections and tests to severely crack down on illegal acts of over - standard modification of electric bicycles. In response to the typical problems found in the special rectification action, recently, the Beijing Market Supervision and Administration Bureau carried out a warning summons for 8 electric bicycle production enterprises including Yadea, Aima, Tailing, Ninebot, Niu, Xiaodao, Sunra, and Luyuan, as well as their sales agents in Beijing, and clearly put forward the requirements of "two implementations and five prohibitions". That is, enterprises need to strictly implement the main responsibility for quality and safety and strictly implement the regulations on mandatory product certification; it is prohibited to produce and sell vehicles inconsistent with the certified samples, to reserve modification space, to sell uncertified vehicles, to sell sub - standard vehicles, and to install and modify electric bicycles, so as to effectively ensure the travel safety of consumers. (Beijing Youth Daily)