Krypton Evening News | QuMei Home Furnishing: Overseas Subsidiary Plans to Issue Overseas Bonds of No More Than 900 Million Norwegian Kroner; Duan Yongping's Shareholding in Pop Mart Rises to 6.04%; Spot Silver Drops Below $74 Per Ounce
Large companies:
Swedish AI startup Lovable expands multi-year partnership with Google Cloud
It is reported that Swedish AI startup Lovable has expanded its multi-year partnership with Google Cloud to integrate the Gemini model and AI-optimized infrastructure, thereby expanding its AI-driven software development services to global users. (Jiemian)
Bank of America: Vera CPU sales of NVIDIA are expected to reach $20 billion in the second half of fiscal year 2027
The team of Vivek Arya, an analyst at Bank of America, has updated the research report on NVIDIA. The institution estimates that the sales of Vera CPU are expected to reach $20 billion in the second half of fiscal year 2027; the annualized revenue scale of the products in the next fiscal year will exceed $50 billion, and NVIDIA is expected to become one of the world's leading server CPU suppliers. (Sina Finance)
Duan Yongping's shareholding ratio in Pop Mart has increased to 6.04%
36Kr learned that according to the equity disclosure of the Hong Kong Stock Exchange, Duan Yongping's shareholding ratio in Pop Mart's H-shares increased from 5.69% to 6.04% on May 28.
Yanzhou Coal Mining: Plans to acquire 100% equity interests in New Energy Group and Shanneng Power Sales under its controlling shareholder for RMB 16.415 billion
36Kr learned that Yanzhou Coal Mining announced that the company intends to acquire 100% equity interests in New Energy Group and 100% equity interests in Shanneng Power Sales under its controlling shareholder, Shanneng Group, for a cash consideration of RMB 16.415 billion. The purpose of this transaction is to rapidly expand the scale of the power business by injecting high - quality power assets, strengthen emerging industries, and at the same time effectively reduce competition in the same industry between the company and its controlling shareholder in the power business segment, and further standardize the company's governance.
Qumei Home Furnishings: Overseas subsidiary plans to issue overseas bonds worth no more than 900 million Norwegian kroner
36Kr learned that Qumei Home Furnishings announced that its overseas third - level subsidiary, Ekornes QM Holding AS, plans to issue overseas bonds with a total amount of no more than 900 million Norwegian kroner (including 900 million Norwegian kroner or equivalent foreign currencies), with a term of no more than 3 years (including 3 years).
Zhihu: Adjusted net profit in Q1 2026 was 17.16 million yuan, a year-on-year increase of 147.2%
36Kr learned that Zhihu released its performance report for the first quarter of 2026. The report shows that Zhihu's revenue in the first quarter was 652 million yuan, a quarter-on-quarter increase of 1.3%; the adjusted net profit was 17.16 million yuan, a year-on-year increase of 147.2%, and it achieved a turnaround from losses quarter-on-quarter. Among them, the revenue from paid content and IP operations was 402 million yuan, a quarter-on-quarter increase of 15.8%, accounting for 61.7% of the total revenue; the revenue from marketing services was 191 million yuan, accounting for 29.4%; other revenue was 57.8 million yuan, accounting for 8.9%. As of the end of the first quarter, the total of Zhihu's cash and cash equivalents, time deposits and short-term investments was 4.49 billion yuan.
Amazon Prime Membership Launches in South Africa with Monthly Fee Under $4
E-commerce company Amazon announced on Wednesday that its paid Prime membership service has officially launched in South Africa. Members can enjoy express delivery and access to audio-visual content. The monthly fee is 59 South African rand (equivalent to $3.61), and the annual fee is 399 rand. (Sina Finance)
Baofeng Energy: Appointed Liu Huaibao as the Company's Vice President
36Kr learned that Baofeng Energy announced that the company held the third meeting of the fifth - session board of directors on June 2, 2026, and reviewed and approved the "Proposal on Appointing Senior Management of the Company". It agreed to appoint Liu Huaibao as the company's vice president, with a term starting from the date of the review and approval of this board meeting until December 31, 2026.
Investment and Financing:
"Optical Link Technology" Completes Nearly 500 Million Yuan Series A Financing
36Kr learned that "Optical Link Technology" recently completed a Series A financing of nearly 500 million yuan, refreshing the records of industry startups in terms of the company's valuation and cumulative financing scale. This round was jointly led by Gaorong Capital, Legend Capital, and Cornerstone Capital, with leading industrial capitals such as GLP Yinsan Capital, Ren'ai Capital, and Xinhe Capital, as well as individual entrepreneurs like Pei Zhenhua participating in the follow - on investment; old shareholders such as Junlian Capital, Sequoia China, Hillhouse Capital, Zhenzhi Capital, and Shangshi Capital made over - subscribed follow - on investments.
New Products:
Qianwen Announces Full Openness to Third - Party Agents and Skills, with KFC, Luckin Coffee, Mixue Ice Cream & Tea, and China Eastern Airlines to Be the First to Connect
36Kr has learned that the Qianwen App has announced that it will fully open up to third - party Agents and Skills. All enterprises can operate their own brand Agents on Qianwen. Currently, the first batch of enterprises, including Luckin Coffee, KFC, Mixue Ice Cream & Tea, and China Eastern Airlines, are conducting Agent service tests on Qianwen and will be launched one after another.
Today's Views:
Shanghai: Promote the Application of Artificial Intelligence in the Government Affairs Field in an Orderly Manner to Continuously Optimize and Improve the Modernization Level of Urban Governance
36Kr learned that the Shanghai Government Affairs Intelligence Work Promotion Meeting was held on the morning of June 2nd. Gong Zheng, the Deputy Secretary of the Shanghai Municipal Party Committee and the Mayor, pointed out that in accordance with the deployment of the Municipal Party Committee, systematic planning and phased promotion should be strengthened to quickly formulate the "construction drawings" and "timelines" for the region, department, and unit, and promote the implementation of all tasks of government affairs intelligence work by using the experience of pilot projects to guide the overall situation. Work coordination should be strengthened to further connect the data chain, business chain, and responsibility chain, vigorously promote the sharing of computing power, the association of language materials, and the integration of chain intelligence, and produce more leading, exemplary, and driving government affairs intelligence achievements and related industrial development achievements.
Other News Worth Paying Attention To:
Passenger Car Association: From May 1st to 31st, the retail sales of new energy passenger vehicles in the national market reached 974,000 units, a 5% year-on-year decrease compared with the same period last year.
36Kr learned that data from the Passenger Car Association shows that from May 1st to 31st, the retail sales of new energy passenger vehicles in the national market reached 974,000 units, a 5% year-on-year decrease compared with the same period last year and a 15% increase compared with the same period last month. The cumulative retail sales since the beginning of this year have reached 3,732,000 units, a 14% year-on-year decrease. From May 1st to 31st, the wholesale volume of new energy passenger vehicles by national passenger vehicle manufacturers reached 1,365,000 units, a 12% year-on-year increase compared with the same period last year and an 11% increase compared with the same period last month. The cumulative wholesale volume since the beginning of this year has reached 5,318,000 units, a 2% year-on-year increase.
Japanese government approves supplementary budget worth over 3 trillion yen
The Japanese government approved the supplementary budget for fiscal year 2026 at an extraordinary cabinet meeting on June 3. The budget was submitted to the plenary session of the House of Representatives for deliberation on the same day, and the government plans to push for its passage in the Diet on the 5th. According to the budget, the total supplementary budget is about 3.11 trillion yen (1 US dollar is approximately equal to 160 yen), which will be used for electricity and gas subsidies, the continuation of gasoline price subsidies, and providing subsidies to liquefied petroleum gas users through local governments. Among them, 2.5 trillion yen is set aside as "reserve funds for dealing with the Middle East situation", mainly for the continued implementation of the gasoline price subsidy policy. (Xinhua News Agency)
Spot silver fell below $74 per ounce
36Kr learned that spot silver fell below $74 per ounce, down 1.49% intraday.