8:00 1Kr | An employee of Sushiro claimed that he was required to "thaw frozen shrimp with his bare hands", and the involved store gave a response; DeepSeek is expanding its recruitment by 150 people with zero AI research positions; The share price of Moore Threads has plummeted for two consecutive days.

Today's Hotspot Overview

• Longsys: Completed the first repurchase of 1.2495 million A-shares of the company
• Wang Naiyan from Xiaomi has left the company to start a business, with the focus on physical AI
• Enflame Technology is about to be listed, and a number of brokerages have made advance layouts
• Moutai has made its sixth price adjustment within this year
• Apple is exposed to have signed a long-term NAND agreement with no upper price limit

TOP 3 Major News

Sushiro Responds to the Incident of Employees Thawing Frozen Shrimp With Bare Hands

Recently, a netizen claiming to be an employee of Sushiro Shijiazhuang The Mixc Store posted on social platforms that a "training instructor" at the store required employees to thaw frozen shrimp with their bare hands, which has aroused public concern. Sushiro responded to Jiemian News that the company launched an internal investigation immediately after noticing the relevant information. The method mentioned in the online post is not the thawing method stipulated by Sushiro, and it is a wrong operation by some employees. The involved employee has been given a demerit in accordance with the regulations and received enhanced training. Sushiro stated that the company has formulated corresponding thawing methods and internal operation guidelines based on the characteristics of different ingredients, and general ingredients should be thawed in a refrigerated thawing refrigerator. At present, the company is carrying out a comprehensive inspection of all stores to correct wrong operations, and simultaneously strengthening training for all store employees. (Jiemian News)

DeepSeek Expands Recruitment by 150 Roles, With 0 AI Research Positions

On September 8, domestic large model vendor DeepSeek released its latest recruitment plan, opening around 150 vacancies, targeting senior engineers with 2 to 10 years of work experience. Different from the comprehensive cross-department recruitment expansion in June, this round of recruitment has taken a distinct shift: all positions are focused on engineering implementation, with not a single AI research-related role included.

For an AI company long known for being "small yet highly specialized", an expansion of 150 new headcount is by no means a small scale. According to the recruitment information released by DeepSeek, this recruitment covers two major job tracks: Backend Development Engineer, covering six directions including large model research platform, Agent framework components, R&D efficiency infrastructure, DeepSeek API, online services and data engineering; Agent Elastic Computing R&D Engineer, which is divided into two directions: platform development and underlying systems. (Jiemian News)

The stock price of Moore Threads has plummeted for two consecutive trading days

On September 8, Moore Threads, the leading domestic GPU manufacturer, opened lower and dived rapidly at the beginning of the trading session, once falling by more than 10% and hitting a new record low of 371.17 yuan. As of the close of the day, Moore Threads was quoted at 400.11 yuan, down 15.38 yuan, or 3.70%, with a total trading volume of 5.615 billion yuan for the whole day and a total market value of 188.063 billion yuan. According to the announcement, 25.7745 million restricted shares from the offline placement of Moore Threads' initial public offering were lifted from the sale ban on September 7. Regarding the reason for the limit down on that day, a reporter from Yicai called the securities affairs representative of Moore Threads as an investor, and the staff said that it was the day of large-scale lifting of the ban on offline placement restricted shares, and investors should treat it rationally, as the company's fundamentals are normal. (Yicai, Sina Finance)

The Cutting Edge of AI

DeepSeek V4.1 Flash Launches Internal Beta of Its Intermediate Version

DeepSeek V4.1 Flash has kicked off the internal beta test for its intermediate version. As introduced, it adopts a new model architecture, features native multimodal support, and delivers stronger capabilities, faster running speed and lower usage cost. (CLS)

Tencent Docs Launches "AI Workbench"

36Kr has learned that Tencent Docs has announced a full-platform upgrade of its AI services, officially launching the "AI Workbench". This upgrade is based on the Agent kernel framework provided by WorkBuddy, combined with Tencent Docs' self-developed editing engine and professional skills, enabling AI to go far beyond simple content generation and further integrate into the complete workflow of real documents and office tasks. The previously launched "human-AI collaborative writing" feature has also been embedded into the AI Workbench, so that AI can not only generate content, but also directly modify the original files.

Alibaba Launches QoderWake 1.0

36Kr has learned that Alibaba has released the digital employee product QoderWake 1.0. As introduced, users can describe job requirements in one sentence, and QoderWake will generate a corresponding role document. After users finish modification, configuration and confirmation, a digital employee that grasps information including job responsibilities, collaboration relationships and work permissions can be generated. At present, QoderWake has built-in 10 positions including front-end developer, back-end developer, product manager, content operator, data analyst, project administrator, UI designer and more.

ByteDance to launch real-time spatial video generation AI model

ByteDance is preparing to launch a real-time spatial video generation AI model. It is reported that the model is built based on Seedance, ByteDance's existing film-level video generation AI model, which will allow users to create interactive virtual worlds for live streaming, short dramas and games, place users in a highly immersive three-dimensional virtual environment, with functions similar to Google's Genie. (Financial Associated Press)

Major Companies / Major Events

Anthropic Abandons Acquisition of Israeli AI Startup Decart

According to people familiar with the matter, Anthropic has decided not to acquire the artificial intelligence startup Decart. One of the services provided by the startup is stack optimization, which aims to help AI developers squeeze every bit of performance out of chips. In early August, the news that Anthropic planned to acquire Decart was first released, with the expected transaction size reaching 6 billion US dollars. This is regarded as the largest acquisition of Anthropic so far, and also a major transaction of Anthropic before its IPO. (Sci-Tech Innovation Board Daily)

Longsys: The first repurchase of the company's A-shares totals 1.2495 million shares, with a total transaction value of 448 million yuan

36Kr learned from the announcement of Longsys that on September 8, 2026, the company repurchased 1.2495 million A-shares for the first time through the dedicated repurchase securities account via centralized bidding, accounting for 0.29% of the total share capital, with a total transaction amount of 448 million yuan. According to the previous plan, the company intends to use its own or self-raised funds to repurchase shares through centralized bidding for equity incentive or employee stock ownership plan. The total repurchase fund shall be no less than 400 million yuan and no more than 800 million yuan, and the repurchase price shall not exceed 735 yuan per share.

The three major U.S. stock indexes fell collectively, with Baidu down nearly 7%

36Kr learned that at the close of trading on September 8, the three major U.S. stock indexes fell collectively: the Dow Jones Industrial Average fell 1.18%, the Nasdaq fell 0.32%, and the S&P 500 fell 0.58%. Most large-cap tech stocks declined: NVIDIA dropped by more than 2%, Apple and Microsoft fell by over 1%, Amazon, Meta and Google posted slight declines, while Tesla rose by more than 3%. Most popular Chinese concept stocks in the U.S. market went down while a few went up: Baidu fell by nearly 7%, Pinduoduo and JD.com dropped by more than 2%, Alibaba, Weibo, NIO and XPeng Inc. posted slight declines, iQIYI rose by more than 11%, Bilibili climbed by over 6%, and Li Auto and NetEase saw a modest increase.

Li Tuchun, founder of Taizi Milk, has passed away

On September 8, multiple sources reported that Li Tuchun, former president and chairman of the board of Hunan Taizi Milk Group, had passed away. His son Li Shuai confirmed the news to The Cover News. The name Li Tuchun is no stranger to people familiar with China's private economy. From starting from scratch to claiming the title of "Bidding King" on CCTV, from introducing foreign capital and signing a performance bet agreement to the break of the capital chain, from being imprisoned for 15 months to being acquitted, to continuing to fight after successive failures in his later years — Li Tuchun's life, just like the Taizi Milk brand he founded, has experienced countless ups and downs. (Jiemian News)

The United States adjusts the scope of application of ad valorem tariffs on some Canadian products

US President Donald Trump signed a proclamation on September 8 local time, announcing the adjustment of the scope of application of the additional 50% ad valorem tariff imposed on some Canadian products. The relevant adjustment will take effect on September 15. The proclamation states that the US government previously determined that the relevant measures taken by Canada in the motor vehicle sector are discriminatory against US businesses and have imposed burdens on them. To offset the relevant impact, the United States previously decided to impose an additional 50% ad valorem tariff on some Canadian products. (CCTV News)

International copper price hits new all-time high, high-performing low PE copper industry stocks are unveiled

Driven by the market's optimistic expectation for copper demand from power grid construction, artificial intelligence and data center construction, the copper price of LME (London Metal Exchange) has kept rising since the start of this year. On September 8, the LME copper price touched 14,624 US dollars per ton during intraday trading, setting a new all-time high. The research report of Orient Securities holds that the copper sector is expected to usher in the dual resonance of earnings upward revision and valuation recovery. In the A-share market, there are 25 listed companies engaged in the copper industry chain, whose main businesses are related to copper mines, copper alloys, copper processing and other relevant fields. In the first half of 2026, the net profit of 19 copper industry stocks posted a year-on-year growth of over 15% (including those that turned losses into profits).

Bawangchaji launches tea eggs across its menu, priced at 5 yuan per unit for individual order

The official account of Bawangchaji (Shanghai) released a statement on social platforms on September 7 that 7 stores in Shanghai have officially launched tea eggs, including Shanghai Jinmao Tower Store, Shanghai Changning CapitaLand Raffles City Store, Shanghai Pulmonary Hospital Affiliated to Tongji University Store and others. The product is named "White Mist Red Dust Tea Egg", with a single order price of 5 yuan. If purchased with a full-price drink, the add-on price is 2.5 yuan; before 10:30 every day, customers who buy designated breakfast drinks and choose the set meal with tea eggs can enjoy a 20% discount.

On September 8, Jiemian News called the Bawangchaji Shanghai Jinmao Tower Store, and the staff said that the tea egg service launched by the store is currently in the testing phase, and it is only available for dine-in rather than takeout. In addition, the 2.5-yuan add-on price is a limited-time event that runs from September 7 to September 21, and the original price will be restored after the event ends. The official customer service of Bawangchaji told Jiemian News that the tea egg service is currently only available in Shanghai, and it is uncertain whether it will be promoted in more cities in the future, so people need to follow the subsequent announcements of the brand. (Jiemian News)

Wang Naiyan from Xiaomi has left his post to start a business, with his entrepreneurial direction focusing on Physics AI

36kr has learned that Wang Naiyan, the person in charge of autonomous driving technology at Xiaomi Auto, has recently resigned. He is currently in frequent contact with investors to launch his startup and explore the Physics AI track. As of press time, Xiaomi has not given any response to this news.

Travel Frog will cease operations on December 8

On September 8, @Travel Frog - Journey in China released a service suspension announcement, stating that due to the expiration of the IP licensing cooperation, "Travel Frog · Journey in China" will officially cease operations on December 8, 2026. At 14:00 on September 8, 2026: the download entrances on all platforms will be closed, players will no longer be able to download this game, and in-game top-up and new user registration will be suspended at the same time. At 18:00 on December 8, 2026: the game operation will be officially stopped, the game servers will be shut down, and the official game website will be taken offline. By then, players will not be able to log in to the game through the game servers. After the game servers are shut down, all account data, character materials and other game-related information in each server will be completely erased. (Jiemian News)

Multiple departments have issued a notice to expand the coverage of basic medical insurance for groups including flexible employees

Six departments including the National Healthcare Security Administration, the Ministry of Finance, and the Ministry of Transport recently jointly issued a notice, launching a special campaign to improve the quality of basic medical insurance enrollment for flexible employees, migrant workers, and personnel engaged in new forms of employment. The campaign is planned to last for around 3 years, to continuously expand the scale of basic medical insurance participation of groups such as flexible employees, with the priority of increasing the number of people enrolled in employee basic medical insurance. (CCTV News)

Enflame Technology is about to be listed, many securities firms have made advance layouts

On the evening of September 7, Enflame Technology released the announcement of issuance results. In this issuance, nearly 16,900 shares that online investors gave up to subscribe were all underwritten by the sponsor (joint lead underwriter), with the underwriting amount reaching 2.3991 million yuan. According to the third-level penetration of the shareholder list in Enflame Technology's prospectus conducted by the reporter of Securities Times China, financial institutions such as securities firms, insurance companies and trusts have entered the market very early through previous investments. Among them, the alternative investment subsidiary of GF Securities directly invested more than 2.8 million shares, making it the securities firm with the largest number of shares held. The alternative investment subsidiary of Guotai Haitong also directly invested more than 960,000 shares, and this securities firm also participated extensively through its subordinate equity investment platforms, with the total number of shares held reaching at least 1 million. The two private equity subsidiaries under China International Capital Corporation made their layouts quite early, starting five years ago. In addition, more than ten securities firms including Guosen Capital and Hua'an Jiaye also participated in it through indirect investment methods. As Enflame Technology's listing is approaching, how much returns these early layouts can bring is worthy of continuous attention. (Securities Times)

CATL's Hong Kong-listed shares once fell by more than 4.5%

36Kr learned that on September 8, CATL's Hong Kong-listed shares once dropped by over 4.5%, hitting the intraday low since March 10, with the lowest intraday price at HK$546.50. As of the closing, the Hong Kong stock was quoted at HK$562.00, with a decrease of 1.83%.

Amap Responds to the "Development of Mine-sweeping List": Relevant Products Are Indeed Being Pushed Forward

36 Kr has learned that on September 8, in response to the widely spread online news that "Amap is developing a 'Mine-sweeping List' product, which will display the pitfalls of stores based on real user reviews", Amap stated in its response that the relevant product is indeed under development, and the specific functions and presentation form shall be subject to the final launched version.

Apple is revealed to have signed a long-term NAND supply agreement without a price cap

The price of memory chips keeps rising, and the bargaining power is being transferred. According to media reports, Apple has recently changed its usual practice of conducting short-term price negotiations with chip suppliers, shifting to multi-year long-term agreements and giving up part of its bargaining margin in exchange for supply certainty. According to media reports on local time September 7, Apple may have recently signed a long-term agreement (LTA) for NAND flash memory supply. The report notes that the counterparty of the transaction, supply volume and pricing terms have not been disclosed so far, but according to judgments from relevant market practitioners, the most probable supplier is Kioxia, the Japanese flash memory chip manufacturer, which is already one of Apple's core NAND suppliers. The report states that the term of this agreement may be 3 to 5 years, and no price cap is set. Previously, multi-year long-term agreements in the industry were mainly concentrated in the field of High Bandwidth Memory (HBM). This extension to NAND has thus attracted extraordinary attention. (CLS)

XPeng Robotics Production Line Officially Put Into Operation

36Kr learned from XPeng Motors that XPeng's robotics production line has been officially put into operation, and the high-level general-purpose humanoid robot has completed automated final assembly and walked off the production line independently. It is understood that XPeng's robotics production line is the world's first automated production line for high-level general-purpose humanoid robots, which is independently designed and forward-developed by XPeng. It deeply integrates the mature quality system of the automotive industry with the precision manufacturing of humanoid robots, builds an intelligent manufacturing system with high precision, high flexibility and high automation, with the automation rate of core processes exceeding 80%, laying a foundation for large-scale mass production and rapid capacity expansion. It is reported that XPeng's robots will officially enter the large-scale mass production stage by the end of this year, and will be launched and delivered in 2027.

Moutai's Sixth Price Adjustment in the Year

According to information collected from Moutai's self-operated stores in multiple regions, the retail price of 53%vol 500ml Feitian Kweichow Moutai has been raised from 1753 yuan per bottle to 1766 yuan per bottle, with only one month elapsed since the last price adjustment. This is the sixth price adjustment of Kweichow Moutai within the current year. In addition to Feitian Moutai, the price of 53%vol 1L Feitian Kweichow Moutai has been adjusted from 3269 yuan per bottle to 3291 yuan per bottle. Furthermore, this round of price increase also covers 53%vol 500ml Five-Star Kweichow Moutai, 53%vol 200ml Kweichow Moutai, and 53%vol 500ml×2 Kweichow Moutai (Bingwu Year of the Horse). Two other products have seen slight price reductions in this adjustment, which are 53%vol 50ml×5 Kweichow Moutai (Golden Version) and 43%vol 500ml Feitian Kweichow Moutai. (The Paper)

Evergrande Auto board meeting postponed to September 16

36Kr learned that on September 8, Evergrande Auto issued an announcement on the Hong Kong Stock Exchange, noting that the board meeting for approving the Group's annual results for the years ended December 31, 2024 and 2025, as well as the interim results for the six months ended June 30, 2025, has been rescheduled to September 16, 2026. The trading of the company's shares will remain suspended until further notice.

BYD's response to the online claim that its flash-charging model has an order backlog of 250,000 units: The information is untrue

Recently, there were reports that BYD held a conference call, during which the management disclosed that the order backlog for vehicles supporting flash charging technology was about 250,000 units, and sufficient production capacity would be achieved in the first quarter of 2027. On September 8, the BYD side stated that the above information is untrue. (Red Star News)

"The originator of copycat vehicles" responds to the stock's daily limit surge

On September 8, Zotye Auto (000980.SZ) hit the daily limit immediately after the market opened, at a price of 1.84 yuan per share, with a total market value of 9.278 billion yuan. The stock closed at 1.84 yuan that day, up 10.18%, with a trading volume of 642 million yuan and a total market value of 9.278 billion yuan. On the news side, Zotye Auto held its 4th extraordinary shareholders' meeting of 2026 on the 7th, and reviewed and approved the election of 3 non-independent directors. At the same time, Zotye Auto stated on the investor platform that the R&D of the company's brand-new self-developed models is being carried forward steadily.

A Yicai reporter called the securities affairs representative of Zotye Auto in the identity of an investor, and the staff stated that the election of non-independent directors at the shareholders' meeting on the 7th should not have a necessary causal link with the rise of the company's stock price on the 8th. The stock price rise is a spontaneous market behavior with many possible driving factors. In addition, the company plans to launch new vehicles within this year, "but this is only a plan." (Yicai, Sina Finance)

Li Qiang: Strengthen credit support, improve financial tools such as urban renewal funds, and build a diversified and sustainable investment and financing system

On September 8, the State Council held its 21st special study session with the theme of "Advancing High-quality Urban Renewal and Promoting Connotative Urban Development". Li Qiang, Premier of the State Council, emphasized that urban renewal is a systematic project that requires strengthened overall planning and coordination to form strong joint efforts. It is necessary to increase government investment, strengthen the guarantee of factor resources, make overall and proper use of various policy funds, enhance fiscal and financial coordination, and push forward the construction of major engineering projects. We should give better play to the role of market forces, strengthen credit support, improve financial tools including urban renewal funds, and establish a diversified and sustainable investment and financing system. It is imperative to accelerate the improvement of the policy and institutional system, strengthen the legal guarantee, and adjust and optimize relevant policies, laws and regulations, standards and specifications in terms of planning, land use, fiscal and taxation, finance and other fields in due course in accordance with the practical needs of urban renewal. (Xinhua News Agency)

Innolight: Controlling Shareholder Unpledges 2 Million Shares

36Kr learned from the announcement of Innolight that Zhongji Holding, the controlling shareholder of the company, has completed the share unpledge procedure for 2 million shares it holds, which accounts for 1.65% of its total held shares and 0.17% of the total share capital of the company. As of the date of the announcement, Zhongji Holding and its persons acting in concert have a total of 3.328 million shares under pledge, accounting for 1.72% of their total combined shareholding.

*ST Cuihua: Receives Prior Notice of Listing Termination

36kr learned from the announcement of *ST Cuihua that the company has received the *Prior Notice of Listing Termination* issued by the Shenzhen Stock Exchange. As the company failed to disclose its 2025 annual report within the statutory time limit, its shares were suspended from trading as of May 6, 2026. The annual report was still not disclosed within two months after the trading suspension, so the shares resumed trading on July 7 and were subject to delisting risk warning. Within two months from the date when the delisting risk warning was implemented, the 2025 annual report guaranteed to be true, accurate and complete by more than half of the directors has still not been disclosed, which triggers the delisting situation. The Shenzhen Stock Exchange intends to decide to terminate the listing and trading of the company's shares. If the final decision is to terminate the listing, the company's shares will be transferred to the delisting sector for quotation and transfer.

Many leading manufacturers have raised product prices intensively, and the battery price surge is spreading at an accelerated pace

The price hike trend in the lithium battery industry has spread to the battery segment. Recently, a number of leading manufacturers have raised their product prices intensively, followed by small and medium-sized battery enterprises one after another, and a new round of battery price surge is spreading rapidly across the industry. It is understood that this round of cell price increase is ostensibly driven by the cost rise brought by the adjustment of battery consumption tax, while the deeper driving force comes from the change of the industry's supply and demand pattern. However, although battery manufacturers have a strong willingness to raise prices, the actual implementation shows a differentiated trend. Industry insiders said that this price adjustment is more like a stress test, which may trigger a new round of industry reshuffle, and will force enterprises to make every effort to reduce costs and increase efficiency, pushing the focus of competition to shift towards integration, high-end orientation and globalization. (Securities Times)

It is reported that the initial daily output of Apple's foldable-screen iPhone is only several hundred units, and the production ramp-up is being accelerated

According to multiple people familiar with the matter, the first Apple foldable iPhone that the market has long anticipated only has an initial daily output of "several hundred units" due to Apple's extremely strict quality control standards, and Apple and its suppliers are making every effort to speed up the production ramp-up. As previously reported, Apple plans to produce 8 to 10 million foldable-screen iPhones within this year, and hopes to stimulate market demand with this model featuring a brand-new exterior design, so as to boost revenue. The report states that senior industry insiders indicated that according to the originally planned production target, tens of thousands of foldable iPhones need to be produced per day under normal circumstances. (Jiemian News)

Intel and ASML Advance High-NA EUV Mass Production, Over 1 Million Wafers Processed

Intel Foundry and ASML announced that the two parties are continuously promoting the mass production application of High Numerical Aperture (High NA) Extreme Ultraviolet Lithography (EUV) technology. At present, Intel has processed more than 1 million wafers through early equipment certification, R&D and partial mass production links. High NA EUV has been used in the mass production of partial layers of the "Panther Lake" Intel Core Ultra 3 series processors. Intel said that the performance of Intel 18A process products adopting High NA EUV has reached or exceeded that of similar layers using the traditional 0.33 numerical aperture EUV lithography platform. The two sides will continue to promote the transition of photomasks from the current 6-inch to the large-size 6×12-inch photomasks. At the same time, through the photomask stitching technology, customers can obtain part of the advantages of High NA EUV under the existing 6-inch photomask conditions. (Jiemian News)

SPD Bank: To suspend the agency personal precious metal business of Shanghai Gold Exchange at a proper time after September 25

36 Kr has learned that SPD Bank released an announcement, stating that the bank will suspend the agency personal precious metal business of Shanghai Gold Exchange at a proper time after September 25, 2026, and close the transaction permissions of this business on channels including mobile banking, online banking, and outlet counters. After the closure, the operation permissions of position-holding customers for position closing, selling and physical delivery will be restricted. To safeguard the rights and interests of customers, it is recommended that existing position-holding customers complete operations including selling, position closing or physical withdrawal for all kinds of contracts they hold through channels such as mobile banking, online banking and outlet counters before September 25, 2026.

Survey: The probability of the Federal Reserve raising interest rates in September stands at 60.4%

According to CME "FedWatch": The probability that the Federal Reserve will hold interest rates steady by September is 39.6%, while the probability of a total 25 basis points rate hike is 60.4%. By October, the probability that the Federal Reserve will keep interest rates unchanged is 29.1%, the probability of a total 25 basis points rate hike is 54.9%, and the probability of a total 50 basis points rate hike is 16.1%. (Jiemian News)

Investment banking teams of Anthropic and OpenAI are pushing for the two companies to secure top-tier credit ratings after their IPOs

Investment banking advisors for Anthropic and OpenAI are lobbying relevant institutions, expecting the two enterprises to obtain investment-grade credit ratings after their upcoming initial public offerings (IPOs). Such ratings will reduce the borrowing costs for the two companies' ambitious AI infrastructure construction plans. According to insiders, in recent weeks, Morgan Stanley and Goldman Sachs, representing the two leading AI labs, have held communications with credit rating agencies, targeting access to the $11.7 trillion corporate bond market after their listings. Analysts from rating agencies noted that the investment banks representing Anthropic and OpenAI have stated that the two companies will release huge liquidity and optimize their balance sheet status after completing the listing process. (Sina Finance)

Juli Sling has been subject to enforcement of more than 18.6 million yuan

36Kr has learned from the Tianyancha App that recently, Juli Sling Co., Ltd. added a new record of person subject to execution, with the enforcement target amounting to more than 18.6 million yuan, and the enforcing court being Shanghai Railway Transportation Court. The company was founded in December 2004, with Yang Jianguo as its legal representative and a registered capital of 960 million yuan. Its business scope covers the R&D, production and sales of steel wire ropes, steel wire rope slings, steel wires, steel strands, chemical fiber slings and other related products. It is jointly held by Juli Group Co., Ltd., Yang Jianzhong and other shareholders, and Yang Zi is a shareholder who holds shares in the company indirectly.

Sources: More than half of Samsung's 4nm production capacity is allocated to HBM4 chips

It is reported that Samsung Electronics plans to drastically increase the supply of HBM4 from the third quarter of this year. To achieve this goal, the company has significantly raised the wafer input for HBM4 chips since the middle of this year to launch mass production. The chips are manufactured with the 4nm (SF4) process of Samsung Foundry. According to internal and external sources of the company, as of last month, over 50% of Samsung Electronics' total 4nm production capacity has been allocated to HBM4 chips. (CLS)

SpaceX's total market value returns to $2 trillion, and its share price hits a new high since July 7

SpaceX's share price rose 3.65% to $153.350 per share, hitting a new high since July 7, with a total market value of $2.02 trillion. (Cailian Press)

Adjustment to the President of Volvo Car Greater China Sales Company

He Kuo has been appointed as President of Volvo Car Greater China Sales Company with immediate effect, taking full charge of Volvo's sales business in China. The former president Yu Kexin has left the position. This is another personnel change in Volvo's core management team in China following the adjustment of President and CEO of Volvo Greater China in May this year. Volvo stated that this adjustment will not affect the business strategy of the China region, and the company will continue to cooperate closely with dealer partners to promote the steady development of its business. (Yicai)

CEO of Arm: AI is Expected to Help Humanity Conquer Cancer, and "Chip Shortage" Has Become the Top Bottleneck

Rene Haas, CEO of the British chip design firm Arm, stated that AI may help humanity conquer cancer within our lifetime. However, before that, the entire industry needs to prioritize solving one problem: how to manufacture sufficient chips to provide computing power for AI. Haas argues that the scale of AI's demand for chips and memory is unprecedented in the semiconductor industry. A wafer fabrication plant costs as high as tens of billions of US dollars, and its construction period usually takes two to three years. He pointed out that the whole industry is currently in a state of "absolute supply constraint", and this tight supply situation is expected to last for a period of time. (CLS)

OpenAI Chief Scientist Says AI May Soon Enter the Self-Evolution Stage, Expects the Industry to Voluntarily Slow Down Development

OpenAI Chief Scientist Jakub Pachocki warned that artificial intelligence is evolving at an extremely fast pace, which is becoming increasingly difficult for humans to understand and control. He said he expects AI labs to voluntarily slow down their development speed out of safety considerations. Pachocki wrote in an article on September 6 that developers can try to guide AI more strictly to keep it aligned with human interests, and can also "slow down future development when necessary". He said: "I anticipate and hope that voluntary slowdowns in development will become a common practice before a common safety threshold is established." (Sina Finance)

IPO in Progress

Market News: Moore Threads has submitted a confidential Hong Kong stock listing application

According to market sources, Moore Threads has submitted a confidential application for listing on the Hong Kong Stock Exchange. (Sina Finance)

Investment and Financing

Mistral has completed its €3 billion Series D financing, with a post-money valuation exceeding €21 billion

On September 8, French artificial intelligence company Mistral announced that it has closed a €3 billion Series D financing round, with a post-money valuation of over €21 billion. This is the largest equity financing ever achieved by a European technology enterprise to date. Samsung Electronics led this financing round, while Scaleup Europe Fund under EQT and existing investor PSG Equity co-led the investment. Mistral noted that the new capital will be used to expand investment in computing power and infrastructure, strengthen the R&D of cutting-edge AI models, and promote commercialization and international expansion. (Jiemian News)

"Xiaoyu Intelligent Manufacturing" Completes a New Round of Financing of Several Hundred Million Yuan

36Kr learned that on September 8, "Xiaoyu Intelligent Manufacturing" announced that it has completed the B3 round of financing of several hundred million yuan, with investors including Blooming Star, Kamet Capital from Singapore and Guoke Yingfeng Fund. This is the third round of financing completed by Xiaoyu Intelligent Manufacturing in 2026. In February this year, the company completed the B round of financing of several hundred million yuan led by Huaye Tiancheng; in May, it completed the B+ round of financing of several hundred million yuan jointly invested by BAIC Industrial Investment, Fosun RZ Capital and C&D Emerging Investment.

World model enterprise "WorldMind" completes tens of millions of yuan in angel round financing

36Kr has learned that WorldMind, a world model enterprise, has recently completed tens of millions of yuan in angel round financing. The investor is YuanSheng Capital. The capital raised from this round will be mainly used for team building and expansion, as well as infrastructure construction and basic model training. Point Stone Capital acts as the exclusive financial advisor of the company.

Cool Products

Xiaomi MiMo Launches Its First AI Desktop Application

36Kr has learned that the preview version of Xiaomi MiMo desktop client has launched open invitation testing, which is the first AI desktop application of Xiaomi MiMo for individual users.

Compiled ｜ Putao