8:00 am, Kr 36 | Freshippo apologizes and removes products from shelves for rectification after product labels spark controversy over sexual innuendo; Duan Yongping on Wang Ning: His understanding of business is even stronger than that of Steve Jobs; Haidilao's national stores decline customers bringing pets into the store for dining.
Today's Hotspot Guide
Xu Yao, the former CEO of Trisolaris Company, was executed by firing squad for poisoning his boss, Lin Qi, to death.
Computing power leasing was suddenly hit by rumors, and listed companies responded.
Fangdonglai established a cultural and entertainment company.
The pork of a subsidiary of Shuanghui was reported to have exceeded the antibiotic standard by 37 times, and the company responded to the reason for the excess.
People familiar with the matter said that ByteDance will open the subscription right of "Doubao shares" to Seed employees this month.
Top 3 Big News
Controversy over Sexual Suggestion in Product Labels: Hema Apologizes and Removes Products for Rectification
Recently, a "pink fungus" product under Hema has sparked controversy due to the alleged sexual suggestion in its label design. The picture shows that the product is named "Hema Mushroom Planet Princess Pink Ear", with its origin in Shandong. There is a female profile silhouette on the right side of the product label, accompanied by the text "Pink and cute, a newbie in the mushroom world".
Many netizens have stated that this design easily makes people think of vulgar and pornographic content, which is suspected of skirting the edge of regulations and causes public discomfort. According to China News Service, on the evening of May 25th, Hema responded that it sincerely apologized to netizens and consumers for the discomfort caused by the product label. Hema stated that all relevant products have been removed from shelves immediately after receiving feedback, and internal review and improvement have been carried out on the listing review process. Hema firmly opposes the presentation and dissemination of vulgar and inappropriate information, and will continuously strengthen the review of product quality and labels to avoid similar incidents from happening again. (China News Service, Jiemian News)
Duan Yongping on Wang Ning of Pop Mart: His business understanding is even stronger than Steve Jobs'
On the evening of May 25th, a netizen asked Duan Yongping on a social platform, "What do you think of Wang Ning? Is he like Steve Jobs, both a time-teller and a clock-maker?" In response, Duan Yongping replied on May 26th, "I think Wang Ning's understanding and pursuit of his own products are on the same level as Jobs, at least they will be in the future. Wang Ning seems to have a slightly stronger understanding of business than Jobs." Previously, Duan Yongping posted that he had swapped all his shares in coal company China Shenhua Energy for shares in the trendy toy company Pop Mart (09992.HK). (Jiemian News)
Haidilao: Stops the Pilot Program for Dining with Pets, and Relevant Stores Will No Longer Provide In - person Pet - accompanying Reception Services
On May 26th, Haidilao issued a relevant statement regarding dining with pets, stating that after considering various opinions, the company has decided to stop this pilot program. As of now, the three pilot stores will no longer provide in - person pet - accompanying reception services. The rest of Haidilao's stores across the country will continue to follow relevant regulations and decline customers from bringing pets into the stores for dining (except for legally recognized working dogs such as guide dogs). (Jiemian News)
Big Companies/Big Events
Xu Yao, the former CEO of Trisolaris Company, was executed by death penalty for poisoning his boss Lin Qi to death
On May 21, 2026, Xu Yao, the highly - publicized poisoner and the former CEO (Chief Executive Officer) of Trisolaris Universe (Shanghai) Culture Development Co., Ltd., was executed by death penalty. Xu Yao poisoned his boss, Lin Qi, the then chairman of Youzu Networks Co., Ltd. (002174.SZ), causing his death, and at least four other people were also poisoned. On the day when Xu Yao was executed, one of the victims left a message on social media with emotion: "Justice may be delayed, but it will never be absent."
According to previous reports, Youzu Networks announced in a solemn statement from the board of directors that on December 25, 2020, the company received a notice from the family of Mr. Lin Qi, the chairman and general manager, actual controller, and controlling shareholder of the company. Mr. Lin Qi passed away on December 25, 2020, due to ineffective medical treatment. Youzu Networks' official WeChat account posted: "Farewell, young man." On December 23, 2020, Lin Qi, the chairman of Youzu Networks, was poisoned and sent to the hospital's ICU. In the police notice that evening, the "Mr. Lin" mentioned was Lin Qi, and the "Mr. Xu" was presumably Xu Yao, the former non - independent director of Youzu Networks who was once appointed as the CEO of Trisolaris Universe. (Economic Observer, Caijing.com)
Chen Keming Food: Starting from today, it will comprehensively stop the production and sales of products with expressions related to "hand-rolled".
36Kr learned that Chen Keming Food issued a statement regarding issues related to the "hand-rolled" trademark, stating that the company has deeply reflected and will take the following actions: First, starting from today, it will comprehensively stop the production and sales of products with expressions related to "hand-rolled"; Second, it will simultaneously initiate the rectification of the packaging, promotional content, and communication materials of relevant products; Third, it will establish a special task force to conduct a comprehensive review of trademarks and promotional materials for all product categories.
Computing power leasing hit by rumors, listed companies respond
According to the news, DeepSeek recently announced that the price of the DeepSeek-V4-Pro API has been permanently reduced to 25% of the original price, setting a new low for the price of global large models. In addition, a rumor about "all listed companies will be prohibited from deploying overseas cards without invoices in the future" has been spreading on the Internet. In response, when some companies were asked for verification, a relevant person in charge of a listed computing power leasing enterprise replied that they had noticed this rumor, but were unclear about the source of the information, and had not received relevant requirements for the time being. The person in charge of another listed computing power leasing enterprise told reporters that generally, due to compliance requirements, listed computing power enterprises are unlikely to deploy overseas cards without invoices. "At least in our company, there is no situation where computing power cards don't have invoices." (China Securities Journal)
Yin Yanliang, Founder of RT-Mart, Passed Away
According to a comprehensive report from Taiwan media by China Overseas Chinese Network, Yin Yanliang, a well - known entrepreneur in Taiwan, China and the president of Ruentex Group, passed away at Taipei Veterans General Hospital early on May 26 at the age of 76. Yin Yanliang was one of the most representative entrepreneurs in Taiwan. The "Ruentex Kingdom" he built spanned multiple fields such as construction, real estate, finance, department store retail, biotechnology and medical care, and international investment. The RT - Mart hypermarket system he established in the Chinese mainland earned him the reputation of the "Father of RT - Mart" and made him an important representative figure in the cross - strait retail industry. (China Overseas Chinese Network, Yicai Global)
Fat Donglai Establishes a Cultural and Entertainment Company
On May 26th, Tianyancha shows that recently, Xuchang Fat Donglai Leyu Cultural and Entertainment Co., Ltd. was established, with Yu Longfei as the legal representative. The company's registered capital is 200,000 RMB. Its business scope includes amusement activities, sales of toys, animation, game and entertainment supplies, etc. It is wholly owned by Xuchang Fat Donglai Tiancheng Cultural and Entertainment Co., Ltd. (Dahe Financial Cube)
Antibiotics in Pork of Shuanghui Subsidiary Reportedly 37 Times Over the Standard, Company Responds to the Cause of Exceedance
On the evening of May 25th, the news that the antibiotics in the pork of a Shuanghui subsidiary were reported to be 37 times over the standard sparked wide attention. On the morning of May 26th, the stock price of Shuanghui Development dropped by more than 5% during intraday trading. As of the morning close, the stock price fell 3.9% to 24.8 yuan per share, with a total market value of 85.9 billion yuan. On the morning of the 26th, a reporter called the representative of the securities affairs of Shuanghui Development in the capacity of an investor. The other party said that according to the report of the investigation team sent by the company to the local area, lincomycin was caused by the use of veterinary drugs in the upstream pig - breeding process, and the company would strengthen the management of pig suppliers in the future. The other party also mentioned that the subsidiary is not involved in breeding business in Wangkui. Its main business is slaughtering and processing, and it will increase the frequency of testing for veterinary drug residues in the future. (Yicai Global)
Tencent Appbao for Mac Officially Launches Public Beta
36Kr learned that on May 26th, Tencent Appbao for Mac officially launched its public beta. The public beta version supports the operation of Android apps and mobile games on Mac; it also supports the upload and operation of EXE files. Appbao for Mac supports 4K high - definition resolution and adopts HiDPI + Retina screen technology, achieving a refresh rate of up to 120 frames and millisecond - level response for mouse and keyboard clicks.
Xinya Zhicheng with Two Consecutive Daily Limit: Business Does Not Involve Semiconductor Design, Manufacturing, Packaging, etc.
36Kr learned that Xinya Zhicheng issued an announcement on the abnormal fluctuation of stock trading. The company noticed that some media platforms and investor communities associated the event of "Huawei officially announced the Tao (τ) Law on May 25" with its business. The company is mainly engaged in the manufacturing of lithium - ion battery materials, the manufacturing of chemical materials and electronic adhesives, and the sales and service of electronic information products. The company's business does not involve semiconductor design, manufacturing, packaging, etc. The cooperation between the company and this customer also does not involve the R & D, design and manufacturing of semiconductors and related products.
ByteDance Applies to Register the "Agent World" Trademark
36Kr learned that according to the intellectual property information from Tianyancha, recently, Beijing Bytedance Network Technology Co., Ltd. applied to register multiple "AGENT WORLD" trademarks. The international classifications include education and entertainment, scientific instruments, etc. Currently, the status of all these trademarks is pending substantive examination. The company was established in October 2018, with Shui Hengyi as its legal representative and a registered capital of 100 million US dollars. Its business scope includes designing, producing, acting as an agent for, and releasing advertisements, etc. It is wholly owned by ByteDance Group (Hong Kong) Limited. Public data shows that in April this year, on the 2.5 version of the Coze platform under ByteDance, a new AI Agent collaboration and evolution ecosystem function named "Agent World" was officially launched. This function provides independent cloud devices, memory, and identity systems for AI Agents, and constructs an open interactive learning community.
People familiar with the matter: ByteDance opened the subscription right of "Doubao shares" to Seed employees this month
According to four people familiar with the incentive plan, ByteDance is offering low-cost stock options linked to its Seed artificial intelligence department to employees of this department. This is the first time that ByteDance has issued equity for a specific business unit. This incentive mechanism allows employees to share the growth benefits of the Seed department without having their benefits diluted by the performance of other business lines of ByteDance. (Sina Finance)
Chinese humanoid robots account for over 80% of the global market
According to customs statistics, in the first quarter of this year, the Chinese robot industry has accelerated its pace of expanding into overseas markets. The total export value of various separately categorized "robots" reached 11.32 billion yuan, and the products are sold to 148 countries and regions around the world. Currently, there are more than 140 complete machine enterprises of Chinese humanoid robots, with an annual shipment of 14,400 units, accounting for 84.7% of the global market. Eight out of every ten humanoid robots in the world come from China. Data shows that the market size of China's embodied intelligence industry is expected to reach 400 billion yuan in 2030, and is projected to exceed one trillion yuan in 2035. (CCTV Finance)
Shanghai Weifu New Materials: Peng Zhihui Does Not Participate in Specific R & D Work, and the Consumer-grade Embodied Intelligent Robot Business Is Uncertain
36Kr learned that Shanghai Weifu New Materials announced that Zhiyuan Innovation is one of the company's indirect shareholders. Its production, operation, and core technology development are independent of the company. As of now, there are no other related-party transactions that need to be disclosed between the company and Zhiyuan Innovation. The company operates independently in terms of personnel, finance, assets, business, and institutions, and has the ability and conditions to operate independently in the market. As the chairman of the company, Peng Zhihui does not hold any senior management or other administrative positions in the company and does not participate in specific R & D work. The company's consumer-grade embodied intelligent robot business is currently still in the R & D stage. It will take a certain period and verification process for the company to develop new products and achieve large-scale mass production. Whether the product R & D will ultimately succeed, the product launch time, and the market promotion situation after the product is launched are all uncertain. There are risks that the R & D progress may slow down, the market environment may change, competition may intensify, and market promotion and customer development may be insufficient, resulting in the product benefits falling short of expectations. The company is still unable to predict the impact on its revenue and profit in 2026.
AliExpress Unveils Growth Plans for the US, South Korea, and Latin America
36Kr learned that recently, AliExpress, the cross - border e - commerce platform under Alibaba, released an interpretation of the "Must - Compete Cross - border Markets in 2026" policy, sending a clear signal: While consolidating the foundation of compliant operations, it will fully ramp up efforts in the three core markets of the United States, South Korea, and Latin America. Through substantial investment and policy incentives, it will open up new growth channels for merchants. Among them, the South Korea site will join the Brand+ brand expansion overseas program; during the May promotion on the US site, the GMV increased by over 50%, leading to a peak in merchant registrations; in Brazil, it seizes the opportunity of tax cuts and uses chartered flights to accelerate customs clearance.
The three major U.S. stock indexes closed mixed, and most of the popular Chinese concept stocks rose
36Kr learned that at the close on May 26, the three major U.S. stock indexes closed mixed. The Dow Jones Industrial Average fell 0.23%, the Nasdaq Composite rose 1.19%, and the S&P 500 Index rose 0.61%. Large technology stocks showed mixed performance. Arm rose more than 4%, Tesla and Google rose more than 1%, and Meta rose slightly; Netflix fell more than 1%, and Apple, Microsoft, and Amazon fell slightly. Most of the popular Chinese concept stocks rose. XPeng Group rose more than 6%, NetEase rose more than 5%, Tencent Music rose more than 4%, Bilibili rose more than 3%, Pinduoduo rose more than 2%, and NIO rose more than 1%; JD.com fell more than 1%, and Alibaba and Baidu fell slightly.
Micron Technology's total market value exceeds $1 trillion
According to JIN10 Data on May 26, the stock price of Micron Technology (MU.O) rose 18% to $886 per share, hitting a new all-time high again. Its total market value reached $1 trillion. Since the beginning of this year, Micron Technology has accumulated a gain of 210%. (JIN10 Data)
GlobalWafers Plans to Raise Prices in the Second Half of the Year
Xu Xiulan, the chairperson of semiconductor wafer manufacturer GlobalWafers, said in a conference call on the 25th that the market situation this year is different from last year, "significantly better." However, costs have risen and depreciation has increased. The company is actively communicating with customers about raising prices in the second half of the year. In addition to strong AI demand, non-AI applications such as automotive and industrial products are also gradually recovering. Currently, GlobalWafers' 12-inch production capacity is fully utilized, and the utilization rates of other small and medium-sized wafers are also quite high. The visibility extends to the third quarter. (Caixin)
Elon Musk Once Discussed the Merger of SpaceX and Tesla with Colleagues
It is reported that Elon Musk once discussed with his colleagues the possibility of merging Tesla and SpaceX. (Caixin Press)
Samsung Electronics to Allow Employees to Use External AI Models Starting Next Month
An internal memo released by Samsung Electronics on May 26 shows that the company will allow employees to use generative artificial intelligence (AI) models developed by other companies, such as ChatGPT, starting next month. The memo states that Samsung plans to officially launch an external generative AI service in June, targeting employees in its Device eXperience (DX) division, which covers the company's display, mobile device, and home appliance businesses. According to industry insiders, Samsung also plans to offer training courses on AI applications in the second half of the year, and it is expected that about 2,000 executives from Samsung Electronics and its major subsidiaries will participate. (Sina Finance)
TSMC Issues Urgent Statement: Employee Benefits to Keep Increasing Amid Rumors of Dividend Cuts Causing Employee Dissatisfaction
Recently, news spread that some employees at TSMC were dissatisfied with the company's potential reduction of welfare levels and were considering following in the footsteps of Samsung Electronics' workers to go on strike. This has drawn wide attention from the global semiconductor industry. Given TSMC's crucial influence on the entire industry and even the technology sector, if TSMC gets caught in labor - management issues, the global economy could face a huge impact. This has led industry insiders to speculate that TSMC will actively take measures to prevent strikes and other actions. Based on various sources, TSMC issued an urgent statement on the 25th in response, stating that employee dividends have not decreased. The company is confident that the annual growth rate of employee dividends this year will exceed that of last year. TSMC expressed its gratitude for the employees' contributions and, considering the company's steady future development, expects employee dividends to continue to grow. (Caixin)
Tesla Supercharger Cards are now available to non-Tesla owners
36Kr learned that according to Tesla, Tesla Supercharger Cards are now available to non-Tesla owners.
Yuewen Group officially launched the overseas webtoon platform ToonScroll
36Kr learned that recently, Yuewen Group officially launched the overseas webtoon platform ToonScroll, stepping up its efforts in the new track of webtoon going global. The platform plans to launch over a thousand webtoons within this year.
The forefront of AI
Code Arena: Alibaba's Tongyi Qianwen 3.7 Surpasses GPT and Gemini in Programming Ability, Second Only to Claude Series
36Kr learned that in the early morning of May 26th, the global third - party programming ranking list Code Arena released its results. Alibaba's latest flagship model, Qwen 3.7 - Max, scored 1541, surpassing models such as GPT - 5.5 and Gemini - 3.5 - Flash. It ranks second globally among large - model manufacturers, only behind the Claude series.
The Grok Build beta version under xAI is open to SuperGrok and X Premium+ users
On May 25th local time, xAI announced in a post that Grok Build is now open for beta testing to all SuperGrok and X Premium+ users. This feature supports the Plan Mode, generates images and videos through the Imagine tool, and builds automated processes or orchestrators via the Command Line Interface (CLI). (Jiemian News)
Alibaba Cloud Launches New Overseas AI Product Website Qwen Cloud
36Kr learned that on May 26th, Alibaba Cloud launched a new AI product website Qwen Cloud, the Agent product MuleRun, as well as a series of updates to the intelligent agent programming platform Qoder and the general desktop intelligent agent QoderWork for the overseas market in Singapore. At the same time, it achieved an upgrade of the cloud infrastructure for Agents.
Alipay: "AI Payment" has completed 300 million AI agent payments
36Kr learned that on May 26th, Alipay announced that "AI Payment" has completed 300 million AI agent payments and supports 95% of general agent frameworks, becoming the world's first large-scale commercially available AI-native payment infrastructure. At the same time, Alipay launched the world's first Token Pay service and AI wallet product. Together with the previously launched AI payment and AI collection, it has built a full-stack AI-native payment system for the AI era.
Meituan Errands Releases Skill to Access AI Agent Ecosystem, Compressing Multi-step Form Operations into a Single-round Dialogue
36Kr learned that recently, multiple AI assistants have connected to Meituan Errands to provide users with one-stop same-city services. Meanwhile, Meituan released the "Errands Skill", opening up the errand order placement ability to the AI assistant ecosystem in the form of encapsulated Skills. With the rapid rise of the AI Agent ecosystem, the entry point for users to initiate errand requests is no longer limited to the Meituan App, but may come from any AI assistant, such as OpenClaw, Cursor, WeChat, Feishu, etc. The release of the Errands Skill means that no matter which AI assistant users use, they can place an order with Meituan Errands by saying a single sentence. The system automatically completes scenario recognition, address matching, price estimation, and order submission, compressing the original multi-step operations into one step.
Going Public in Progress
Liuliumei Passed the Listing Hearing at the Hong Kong Stock Exchange
36Kr learned that according to documents from the Hong Kong Stock Exchange, Liuliumei Co., Ltd. passed the listing hearing at the Hong Kong Stock Exchange.
Foretrek (Zhejiang) Intelligent Technology Co., Ltd. Submits Listing Application to Hong Kong Stock Exchange
36Kr learned that according to documents from the Hong Kong Stock Exchange, Foretrek (Zhejiang) Intelligent Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange. The joint sponsors are CITIC Securities, China International Capital Corporation, Huatai International, and HSBC.
Zhejiang Jingtong New Materials Group Co., Ltd. Submits IPO Application
36Kr learned that according to documents from the Hong Kong Stock Exchange, Zhejiang Jingtong New Materials Group Co., Ltd. submitted an IPO application.
Silvercorp Metals Inc. Submits Listing Application to the Hong Kong Stock Exchange
36Kr learned that on May 26, according to documents disclosed by the Hong Kong Stock Exchange, Silvercorp Metals Inc. submitted a listing application to the Hong Kong Stock Exchange, with CITIC Securities as the sole sponsor.
Dajin Heavy Industry Plans to Launch a HK$700 Million IPO in Hong Kong as Early as May 28
According to IFR, Dajin Heavy Industry plans to launch a HK$700 million IPO in Hong Kong as early as May 28. (Sina Finance)
Financial Reports of Large Companies
Xiaomi Group: Revenue Reached 99.14 Billion Yuan in Q1
36Kr learned that Xiaomi Group released its financial report for the first quarter of 2026. The report shows that Xiaomi Group achieved a revenue of 99.14 billion yuan in the first quarter, and the adjusted net profit was 6.1 billion yuan. During the period, Xiaomi's R & D investment was 9 billion yuan, a year - on - year increase of 33.4%. Xiaomi said that it will invest at least 16 billion yuan in the AI field this year, and the investment will exceed 60 billion yuan in the next three years. In terms of the development of the base model, the intelligence index and Agent index of the base large - model Xiaomi MiMo - V2.5 - Pro Artificial Analysis rank first among global open - source large models. The Xiaomi MiMo large model helped Hermes Agent top the global call volume list and became the top - contributing model.
MINISO: Revenue in Q1 Reached 5.688 Billion Yuan, a Year-on-Year Increase of 28.5%
36Kr learned that MINISO released its unaudited financial results for the first quarter. The revenue in the first quarter reached 5.688 billion yuan, a year-on-year increase of 28.5%, benefiting from the low-single-digit same-store sales growth at the group level. The adjusted net profit was 551 million yuan, compared with 587 million yuan in the same period of the previous year. As of March 31, 2026, the total number of the company's stores reached 8,565, with a net increase of 797 year-on-year.
Pony.ai: Q1 Revenue Soars 145% Year-on-Year, Robotaxi Revenue Hits Record High
36Kr learned that on May 26th, Pony.ai released its financial report for the first quarter of 2026. The report shows that the total revenue in the first quarter reached 236 million yuan, a year-on-year increase of 145%; the gross profit was 38.36 million yuan, a year-on-year increase of 140.1%. The Robotaxi business achieved a record single-quarter revenue of 59.12 million yuan, a year-on-year increase of 395.4% and a quarter-on-quarter increase of 28.7%; the passenger fare revenue increased by 456.5% year-on-year. As of May 2026, the scale of the Robotaxi fleet exceeded 1,700 vehicles. Based on the strong performance in the first quarter, the company has raised its 2026 Robotaxi business target: it is expected that the annual Robotaxi revenue will be more than 3.5 times that of 2025, the fleet size will exceed 3,500 vehicles, and it will cover more than 20 cities at home and abroad.
Huajuyouxi Group: Total revenue in the first quarter was $555.7 million, a year-on-year increase of 12.4%
36Kr learned that Huajuyouxi Group released its financial report for the first quarter of 2026. In this quarter, Huajuyouxi's total revenue was $555.7 million, a year-on-year increase of 12.4%, reaching the highest year-on-year growth rate in recent years. Under non - US GAAP, Huajuyouxi's operating profit and EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) in the first quarter reached $38 million and $45.7 million respectively, with year-on-year increases of 22.5% and 13.2%. At the same time, Huajuyouxi Group announced an upgrade to its shareholder return plan. From 2026 to 2028, the group can repurchase up to $600 million worth of stocks and distribute dividends of $900 million, with a total amount of $1.5 billion over three years.
Investment and Financing
"Lingyi Automobile" Completes $200 Million Series B2 Round of Financing
36Kr learned that "Lingyi Automobile", a new energy heavy truck and intelligent driving technology enterprise, announced the completion of a $200 million Series B2 round of financing. This round of financing has attracted industrial capital such as Zijin Mining, Yankuang Capital under Shandong Energy Group, Sanhua Holding, and domestic consumer goods enterprises; international investment institutions such as Temasek and E Fund; and local investment institutions such as Gaocheng Capital, Chaoxi Capital, Changshi Capital, Huoshui Capital, Yuanhe Puhua, and Yuzun Capital. Combining with the previous financing of 1.2 billion RMB, Lingyi Automobile has accumulated a total financing scale of $400 million in the past two months.
“Qiaotian Intelligence” Completes Hundreds of Millions of Yuan in Series A+ Financing
36Kr learned that “Qiaotian Intelligence” has completed hundreds of millions of yuan in Series A+ financing, exclusively invested by the National Industrial Mother Machine Industry Investment Fund. The funds will be used for the expansion of high - end production capacity, the R & D iteration of core technologies, and the global market layout. Qiaotian Intelligence was established in 2016 and focuses on robot end - effectors and peripheral equipment for automobile OEMs. Its product portfolio includes quick - change plates, magnetic mold - changing systems, grinding machines, industrial connectors, etc.
"Guanglun Intelligence" Completes a New Round of Financing
36Kr has learned that recently, "Guanglun Intelligence" has completed a new round of financing. This round was led by Ant Group, with participation from state-owned, industrial, and financial institutions such as CIC Capital, Greater Bay Area Common Home Fund, Semir Fangdao Fund, Shandong Fuhong (an industrial fund managed with the participation of Foxconn Industrial Internet), Xinneng Investment, and Linxin Investment. Meanwhile, existing shareholders such as 37 Interactive Entertainment, Guofang Innovation, Daohe Long - term Investment, and Dingshi Asset Management have over - subscribed. The funds from this round of financing will be mainly used for core technology investment related to the data and evaluation infrastructure of physical AI, continuously strengthen the construction of large - scale delivery capabilities, and accelerate the exploration of global markets and ecological cooperation.
Cool Products
SK Hynix Unveils Temperature - Controlled Cooling Storage Technology "iHBM"
SK Hynix announced on the 26th that the company has launched the "iHBM" technology. This technology significantly reduces the heat generated during product operation by integrating an integrated cooling element "ICE*" within the HBM package. SK Hynix plans to apply the iHBM technology to next - generation products such as HBM5 to meet the strict heat dissipation control requirements of ultra - high integration and high - bandwidth application scenarios like high - performance computing (HPC) and AI data centers, further enhancing the stability and operating efficiency of the overall system. (Caixin Press)
The Honor 600 series is officially launched
36Kr learned that on May 25th, the new product launch event of the Honor 600 series was held in Xiamen. The Honor 600 series has launched three models: the Pro version, the Super version, and the Youthful version. The price after national subsidy starts from 2,294.15 yuan.
Compiled | Kris