8 Uhr, 1 Krypton | Zhong Nanshan hat die neuesten Einschätzungen über das Coronavirus getroffen; Das Pangdulai-Shoppingcenter hat seinen Namen in Yingdulai geändert; Meng Yutong hat angekündigt, dass sie nach zwei Jahren eine WeChat-Nachricht von Dong Mingzhu erhalten habe.
Going public in progress
Chow Hong Ki
36Kr learned that Chow Hong Ki disclosed an announcement on abnormal fluctuations in stock trading, stating that the company is currently planning to issue H-shares for listing on the Hong Kong Stock Exchange, and the relevant details and plans have not been finalized. At present, the company's production and operation are normal, and there have been no significant changes in the internal and external business environment.
K-Bank
According to industry insiders, South Korea's internet bank K-Bank is currently seeking to go public again after postponing or canceling its initial public offering (IPO) plan three times. In October last year, K-Bank said it would postpone its IPO to the beginning of this year due to weak investor demand. In January this year, the bank decided to abandon its IPO plan. According to sources, K-Bank has sent an IPO prospectus to major securities firms and is expected to select the lead underwriter next week. (Sina Finance)
Top 3 Big News
Zhong Nanshan Makes Latest Judgment on COVID-19: It Can Be Prevented and Controlled, No Need to Panic
On May 19th, Zhong Nanshan was interviewed in Guangzhou and made the latest judgment on the epidemic trend of COVID-19: "This wave of COVID-19 infections can generally be prevented and controlled, and there is no need to panic." Zhong Nanshan reminded that for some elderly people over 65 years old with underlying diseases, there is a certain risk. He suggested that infected people should take specific drugs as soon as possible within 48 hours, such as Ruitravir, Xinnuotewei, and VV116, to avoid developing into severe cases. Regarding how the epidemic situation of this wave of COVID-19 will change, Zhong Nanshan predicted that it is still in the climbing stage at present, and the epidemic is expected to end before the end of June, lasting for 6 to 8 weeks. (Southern Daily)
Staff Respond to the Renaming of Pangdulai to Yingdulai
On May 20th, many netizens posted videos saying that they found the Pangdulai Mall had changed its name. The videos showed that the "Pangdulai" on the outer wall of the mall had been changed to "Yingdulai". Currently, the map shows that the name of the mall has been updated accordingly. In response, a staff member of the former "Pangdulai" Mall told Jiupai News, "It seems that a meeting was held yesterday to discuss the name change, but no official document has been issued yet." The staff member said that the character "Ying" comes from the group "Yingzhong Holdings" and is related to the group's name. According to public information, one of the shareholders of Yingdulai is Zhejiang Yingdu Culture and Media Co., Ltd. Previously, when the "Pangdulai" Mall opened, it caused controversy due to its similarity to "Fat Donglai". Fat Donglai stated that they had collected evidence and sent a lawyer's letter. (Jiupai News)
Meng Yutong Says She Received a WeChat Message from Dong Mingzhu After Two Years
On May 20th, it was rumored online that Meng Yutong, former secretary of Dong Mingzhu, was about to team up with Dong Mingzhu for a live - broadcast on Gree. In the afternoon of the same day, Meng Yutong posted the WeChat chat records with Dong Mingzhu on her social platform and wrote: "After two years, I received a WeChat message from my former boss. It's like a huge stone in my heart has finally settled. There is an inexplicable sadness and gratitude in my heart. In the past two years, there have always been all kinds of fabrications and misunderstandings in public opinion. However, I always remember the way she held my hand and said 'Don't be afraid' when I first faced the huge wave of the Internet. Although she always seemed very strict on the surface, even overly demanding in the eyes of others, as someone who had worked closely with her for two years, I could always feel her purest and kindest side. The world can't do without female bosses. Thank you. I miss you. May everything go well. 'Heaven and earth hold good wishes, and mountains and waters will always meet again.'" (Dumiao Finance)
Big Companies/Big Events
Lei Jun: Xiaomi Xuanjie O1 Has Started Mass Production
36Kr learned that Lei Jun, the chairman of Xiaomi Group, said on his Weibo that the Xiaomi Xuanjie O1, a 3nm flagship chip independently developed and designed by Xiaomi, has started mass production. Two flagship devices equipped with the Xiaomi Xuanjie O1 will be released simultaneously: the high - end flagship smartphone Xiaomi 15S Pro and the ultra - high - end OLED tablet Xiaomi Pad 7 Ultra.
Founder of Leapmotor Cars Refutes Rumors of His Death
Recently, the news of the death of Zhu Jiangming, the founder and chairman of Leapmotor Cars, has attracted wide attention. On May 20th, Zhu Jiangming himself released a video to refute the rumors, saying, "Yesterday, I unexpectedly received greetings from many friends. To be honest, I was quite helpless when seeing such rumors. As an entrepreneur, I used to strive to prove that Leapmotor was still alive. Now that the company is doing well, I still have to prove that I'm still alive." Zhu Jiangming said, "This also makes me realize that it's easy to spread rumors but difficult to refute them. Here, I'd like to let everyone know that I'm safe. At the same time, I sincerely hope that the online public opinion can be healthier and clearer, so that we can work with peace of mind in a fair and orderly environment." (Sina Tech)
Nestle China Responds to Perrier Scandal Report: Products Sold in China Comply with Relevant Laws and Regulations
On May 20th, in response to the recent media reports on the "Perrier" scandal investigation report, Nestle China told a reporter from The Paper that Nestle Waters and Premium Beverages has noted the conclusions put forward by the French Senate's investigation committee regarding the practices in the bottled water industry, highlighting the common challenges faced by today's bottled mineral water companies and the need for greater clarity and consistency in implementing regulatory systems. Nestle China stated that "food safety is our top priority. The company reiterates that all its natural mineral water products on the market are always safe to drink and have the characteristic mineral components as indicated on the label. The products sold by the company in China comply with relevant Chinese laws and regulations and have always been safe to drink."
According to a report by Xinhua News Agency on May 20th, the French Senate's investigation committee released an investigation report on the "Perrier" mineral water product scandal on the 19th. The report shows that Nestle, the producer of "Perrier" and headquartered in Switzerland, has engaged in consumer fraud, and relevant French government departments have been ineffective in supervision and are even suspected of deliberately covering up for the company, including helping to conceal water source pollution and relaxing the standards for mineral water treatment. (The Paper)
CATL Rises Over 16% on First Day of Hong Kong Listing
On May 20th, the company made its debut on the Hong Kong stock market. The issue price was HK$263 per share, and a total of 136 million shares were issued. The net proceeds were approximately HK$35.331 billion. On the first day of its Hong Kong listing, CATL opened 12.55% higher at HK$296 per share. As of the close, it rose 16.43% to HK$306.2 per share, with a total market capitalization of HK$1.38 trillion. (CNR.com)
Zhipu Qingyan, Kimi and Others Notified of Illegal Collection and Use of Personal Information
The National Cyber and Information Security Information Notification Center issued a notice. After testing by the Quality Supervision and Inspection Center for Computer Information System Security Products of the Ministry of Public Security, 35 mobile apps in the AppGallery were found to have illegally and irregularly collected and used personal information. Many AI apps were involved in the notice. According to the notice, apps such as "Zhipu Qingyan (Version 2.9.6)" actually collected personal information beyond the scope authorized by users; apps such as "Kimi (Version 2.0.8)" collected personal information that had no direct connection with their business functions; apps such as "Wow (Version 1.16.5)" and "Maoxiang (Version 1.57.0)" were accused of having some permissions declared in their configuration files that had no direct connection with all the business functions of the mobile apps. (Jiemian News)
NVIDIA Responds to Setting Up New Office Space in Shanghai: Leasing a New Office Space as Part of Continued Efforts in China
NVIDIA is leasing a new office space for its existing employees in Shanghai. On May 20th, in response to rumors that NVIDIA would set up a new office space in Shanghai, NVIDIA stated, "We are leasing a new office space for our existing employees, which is part of our continued efforts in China." (The Paper)
Interest Rates of Large-Value Certificates of Deposit Cut to Below 2% by Multiple Banks
On May 20th, a new round of deposit interest rate cuts arrived. Multiple banks, including the Industrial and Commercial Bank of China, the Bank of China, and the China Construction Bank, have lowered the interest rates of various products such as current deposits, time deposits, and call deposits. As the "interest rate cut wave" in bank deposits continues, large-value certificates of deposit, once regarded as a "powerful tool for attracting deposits," are gradually falling out of favor. Recently, while multiple banks have reduced the interest rates of time deposits, they have also simultaneously lowered the interest rates of large-value certificates of deposit products. Currently, large-value certificate of deposit products are about to fully enter the "1 era." (Financial Times)
Yin Bitong, former vice president of Midea, is reported to have joined Hisense Group. A person familiar with the matter: He has indeed joined
On May 20th, according to a person familiar with the matter, "Yin Bitong, the former vice president of Midea Group, has recently officially joined Hisense Group and taken up the position of President of the Air Industry (in preparation), responsible for the development of all air - conditioning businesses under Hisense Group, including the household and central air - conditioning businesses of Hisense and Kelon, as well as the Hisense Hitachi air - conditioning business." At present, an insider within Hisense has confirmed that "he has indeed joined." On May 19th, Hisense Group issued a notice to all departments, industrial clusters, and affiliated companies of the group, stating that "according to work needs, the board of directors of the group company has decided to appoint Yin Bitong as the President of the Air Division (in preparation)." (Sina Technology)
Ctrip Releases 2025 Dragon Boat Festival Travel Trends: Driven by Parent-Child, Pet, and Performance Tourism, Intangible Cultural Heritage and Inbound Tourism Remain Popular
36Kr learned that Ctrip has officially released a forecast report on the travel trends for the 2025 Dragon Boat Festival. Against the backdrop of the continuous recovery of the tourism market, the travel market during the Dragon Boat Festival holiday has returned to the stable growth range. Generally speaking, domestic local and suburban tours account for 50% of the market, dominating the scene. Meanwhile, integrating elements such as micro-vacations, summer getaways, and folk custom experiences has become a prominent feature of the Dragon Boat Festival tourism market. The fact that the Dragon Boat Festival coincides with Children's Day has greatly stimulated the enthusiasm of parent-child families to travel. Young people choose to travel with their furry friends or opt for a "performance + travel" package during the festival when there are numerous performances. Among overseas trips, short- and medium-haul destinations within a 3-hour flight radius, such as Japan, South Korea, and Thailand, are favored by tourists, and inbound tourism remains popular.
Multi - hazard Comprehensive Early - warning Platform Mini - program "National Emergency Radio Early - warning" Launched
36Kr learned that on May 20th, China Media Group launched the multi - hazard comprehensive early - warning service platform mini - program "National Emergency Radio Early - warning", which is technically supported by Tencent. As the first multi - hazard emergency information service application of China Media Group that concurrently provides disaster - relief news, disaster - prevention science popularization, and pre - disaster early - warning, the mini - program "National Emergency Radio Early - warning" will provide early - warning and disaster - prevention services for users across the country in real - time, covering more than 40 important disasters such as lightning, rainstorms, floods, severe convective weather, typhoons, and high temperatures. The mini - program accesses real - time early - warning data from the National Early - warning Information Release Center and the National Marine Environmental Forecasting Center. By using the location positioning function of WeChat users, it provides authoritative, comprehensive, and accurate early - warning information push and disaster - prevention and risk - avoidance guidelines.
Ministry of Housing and Urban-Rural Development: Over 940 million people in China live in urban areas
At 10 a.m. on May 20th, the State Council Information Office held a press conference. Qin Haixiang, the deputy minister of the Ministry of Housing and Urban-Rural Development, said at the conference that by the end of 2024, the permanent population urbanization rate had reached 67%, and 940 million people lived in urban areas. The comprehensive carrying capacity of cities has been steadily improved, the living environment has been continuously improved, and the quality of urban development and the people's living standards have been significantly enhanced. (CCTV News)
Two Departments: The Pilot Reform of "Combining Two Certificates" for Imported Automobiles and Motorcycles Expanded to Huangpu Customs
36Kr learned that the General Administration of Customs and the Ministry of Public Security issued an announcement. To further optimize the business environment and improve the clearance efficiency of imported motor vehicles, they decided to expand the scope of the pilot reform of "combining the
The Private Economy Promotion Law Comes into Effect Today
The Private Economy Promotion Law of the People's Republic of China officially came into effect today (May 20th). As China's first fundamental law specifically regarding the development of the private economy, it not only incorporates the "Two Unswervings" for the first time but also establishes the legal subject status of the private economy through legislation. The Private Economy Promotion Law consists of 9 chapters and 78 articles, clearly stipulating that the private economy is an important part of the socialist market economy and that promoting the sustained, healthy, and high - quality development of the private economy is a major long - term national policy. In terms of ensuring fair competition, it improves the institutional mechanism for private economic organizations to fairly participate in market competition in the field of market access and determines effective policies and practices in practice as legal systems. (CCTV News)
KFC Applies for Trademark of 'Calm Thursday'
36Kr learned that according to the AiQicha App, recently, KFC International Holdings LLC applied to register a trademark for "Calm Thursday", with the international classification being convenience foods. Previously, the company had successfully registered multiple trademarks for "Crazy Thursday", and McDonald's Corporation has also registered the trademark for "McGod".
All three major U.S. stock indexes closed lower, and most large technology stocks declined
36Kr learned that at the close on May 20, all three major U.S. stock indexes declined. The Dow Jones Industrial Average fell 0.27%, the Nasdaq Composite dropped 0.38%, and the S&P 500 Index declined 0.39%. Most large technology stocks declined. Google and Amazon fell more than 1%, while Apple, NVIDIA, Arm, Meta, and Microsoft had slight declines. Tesla and Netflix had slight increases. Popular Chinese concept stocks had mixed performances. Alibaba, NetEase, and Tencent Music rose more than 1%, and JD.com, Baidu, and Bilibili had slight increases. iQiyi, NIO, and XPeng Motors fell more than 1%, and Weibo, Li Auto, and Pinduoduo had slight declines.
Japan Considers Accepting US Tariff Cuts Instead of Exemptions
According to foreign media reports, Japan is considering accepting US tariff cuts instead of exemptions. (Yicai Global)
Apple-Epic Lawsuit Escalates
On May 20th, the latest court documents shared by Tim Sweeney, the CEO of Epic, showed that the dispute between Epic Games and Apple over the return of "Fortnite" to the App Store has escalated again. If Apple continues to reject the approval of "Fortnite" on the US App Store, or if the two parties fail to reach a settlement before the hearing on May 27th, the "executive in charge of compliance" at Apple must appear in court in person.
Apple responded, "The injunction does not change our legal right to terminate Epic's developer account (in 2020)." Meanwhile, Apple also reiterated its stance that it will not consider allowing "Fortnite" to return to the App Store until all US lawsuits are concluded. (IT Home)
Fraud Rampant in US Metaverse Social Platforms
Recently, the US "Wall Street Journal" reported that "Facebook" and "Instagram" under a US metaverse platform company have become the primary platforms for global fraud gangs. False advertisements and fake merchants are rampant, not only causing heavy property losses to users but also exposing the systematic loopholes in content supervision of the metaverse platform company. In the face of external criticism, a spokesperson for the metaverse platform company said that the company has taken multiple measures. However, according to internal data obtained by the "Wall Street Journal", in recent years, the company has continuously reduced its investment in combating fraudulent advertisements due to concerns that it might "accidentally harm" other advertisements and affect revenue. (CCTV International News)
Thailand has received approximately 13.4 million foreign tourists so far this year, a year-on-year decrease of 1.75%
Thailand's Tourism Ministry said on Tuesday that the number of foreign tourists in Thailand decreased by 1.75% year-on-year from January 1 to May 18 this year. The Tourism Ministry said in a statement that during this period, approximately 13.4 million foreign tourists visited Thailand. China is the largest source market, with the number of tourists reaching 1.83 million. (Sina Finance)
Reports say Samsung Electronics will produce chips for Nintendo's Switch 2 console
According to people familiar with the matter, Nintendo has commissioned Samsung Electronics to help produce the main chip for its Switch 2 console. This move could help Nintendo increase the production of the console and achieve sales of 20 million units by March 2026, higher than expected. (Sina Finance)
Brazilian Minister Says Government Has No Special Aid Plan for Azul Airlines for Now
Brazil's Tourism Minister Celso Sabino said on Monday that despite Azul Airlines facing financial difficulties, the Brazilian government is not currently considering providing special aid to it, but funds from a local fund will soon be available for airlines. Sabino said during a break at an event in Rio de Janeiro: "The Brazilian government has no intention of offering preferential treatment to any specific company. The government is considering the entire industry." (Sina Finance)
The Cutting - Edge of AI
Google Launches AI Suite - Google AI Ultra at $249.99 per Month
Early on the morning of May 21st, Google unveiled its AI suite, Google AI Ultra, at the "I/O 2025" Global Developers Conference. Google AI Ultra integrates Google's best current models, various advanced features, and 30T of cloud storage to help professionals in fields such as film and television, finance, and healthcare improve work efficiency and save time through AI. The monthly fee is $249.99 (approximately 1809 yuan). With AI Ultra, users can experience the highest - version Gemini application, which sets a maximum usage limit in the field of in - depth research and supports video generation with Veo 2. Users can also get early access to the breakthrough Veo 3 model, which is highly suitable for programming, academic research, and complex creative work. Moreover, Ultra subscribers will be able to use the brand - new enhanced reasoning mode, Deep Think 2.5 Pro, in the coming weeks. (Jiemian News)
Tuya Smart Launches Open-Source Framework TuyaOpen
36Kr learned that recently, Tuya Smart launched an open-source project called TuyaOpen, which supports mainstream open-source software and hardware ecosystems. Developers can transplant and deploy the project onto chips or development boards. Meanwhile, TuyaOpen integrates voice interaction, LLM (Large Language Model), and low-code development tools, enabling developers to call large models such as DeepSeek, Tongyi Qianwen, ChatGPT, and Gemini. Currently, TuyaOpen has helped developers incubate cases like home management humanoid robots and AI toys.
Tencent Hunyuan Launches Game Visual Generation Platform, the First Industrial-Grade AIGC Game Content Production Engine
36Kr learned that on May 20th, Tencent officially launched the Hunyuan Game Visual Generation Platform, which is the first industrial-grade AIGC game content production engine built on the Hunyuan large model, significantly optimizing the game asset generation and game production processes. It is designed for industrial-grade game content production and provides a series of AI tools for game art designers, helping game design companies quickly generate high-quality game materials/concept drafts that meet their creative intentions, and increasing the efficiency of game art design by dozens of times. Currently, the "Hunyuan Game" provides an experience entry through the official website of Tencent Hunyuan and is open for applications from designers in the game industry.
Meituan to Open Up AI Programming Capabilities and Launch New Product NoCode
36Kr exclusively learned that Meituan will officially launch an AI programming tool called "NoCode" in the near future, targeting the Vibe Coding direction. At the beginning of May, one of Meituan's corporate entities registered a new domain name "nocode.cn". After accessing this domain name, it can be found that the product has entered the gray - scale testing phase. It is understood that "NoCode" is developed by Meituan's R & D Quality and Efficiency Team, which belongs to Meituan's basic R & D platform.
Financial Reports of Large Companies
Douyu: Revenue from innovative businesses, advertising, and other sources reached 383 million yuan in Q1, a year-on-year increase of 60.2%
36Kr learned that Douyu released its financial report for the first quarter of 2025. In this quarter, Douyu's total revenue was 947 million yuan, of which revenue from innovative businesses, advertising, and other sources was 383 million yuan, a year-on-year increase of 60.2%; gross profit was 114 million yuan, a year-on-year increase of 4.1% and a quarter-on-quarter increase of 62.6%; operating loss was 26.1 million yuan, a year-on-year decrease of 84.3%; adjusted net loss was 20.9 million yuan, a year-on-year narrowing of 75.6%. In Q1 of this quarter, Douyu's average monthly active users (MAU) on mobile were 41.4 million, the average number of paying users was 2.9 million, and the average revenue per paying user (ARPPU) was 216 yuan.
Cool Products
Musk Confirms Tesla Plans to Launch Autonomous Taxis in June
During an interview at Tesla's headquarters in Austin on Tuesday, Musk said that after the debut in Austin, Tesla plans to expand its autonomous taxi service to Los Angeles and San Francisco. Musk stated that the autonomous taxi service in Austin will start with about 10 vehicles, and if the initial operation goes smoothly without accidents, it will quickly expand to thousands of vehicles. (Sina Finance)
Mediatek's First 2nm Chip to Go into Tape-Out in September
On May 20th, the Commercial Times published a post reporting that at the 2025 Taipei International Computer Show, MediaTek CEO Tsai Li-hsing announced its first 2nm chip, which is estimated to go into tape-out in September 2025. The official has not revealed more details, but the media speculates that the chip will be manufactured by TSMC and may be the next-generation flagship smartphone SoC or an application-specific integrated circuit (ASIC) chip customized for NVIDIA's NVLink Fusion system. (IT Home)
The World's Smallest Electric Autonomous Bipedal Robot Unveiled
A research team from Carnegie Mellon University in the United States announced the development of the world's smallest known electric autonomous micro bipedal robot named "Zippy". This robot is less than 4 centimeters tall. With its sophisticated on - board battery, actuators, and control system, it can not only start autonomously but also perform actions such as walking, turning, jumping, and climbing at a speed of 10 steps per second. The relevant research results were presented at the 2025 IEEE International Conference on Robotics and Automation. (Science and Technology Daily)
Investment and Financing
Overseas HR service provider "sailglobal" secures millions of US dollars in seed - round financing
36Kr learned that the overseas HR service provider "sailglobal" recently announced the completion of a seed - round financing of millions of US dollars. This round of financing will be mainly used for AI technology R & D, expansion of overseas service networks, and the construction of a global talent team. It is reported that sailglobal is a one - stop global human resources management platform incubated by a domestic human resources enterprise.
Zhongwu Industrial Operation (Shandong) Co., Ltd. Completes 500 Million Yuan Series A Financing
36Kr learned that recently, Zhongwu Industrial Operation (Shandong) Co., Ltd. completed a Series A financing of 500 million yuan. This round of financing will be used for expanding the acquisition network, ensuring farmers' income, and optimizing warehousing facilities. It is understood that Zhongwu Industrial Operation (Shandong) Co., Ltd. is mainly engaged in the acquisition and sales of grains (corn, wheat), cotton sales, pig business, and the recycling and sales of renewable resources.
"Tea Star People" under Heyi Technology Co., Ltd. Completes Nearly 50 Million Yuan in Angel Round Financing
36Kr learned that "Tea Star People," a brand under Heyi Technology, a provider of intelligent solutions for the tea industry, recently completed nearly 50 million yuan in angel round financing. The funds from this round will mainly be used for technology research and development and production capacity construction. The company has officially launched a Pre - A round financing plan, aiming to raise 30 million yuan to accelerate industrialization. Among them, the first phase of 5 million yuan will be used for the mass production of intelligent tea - drinking terminals, and the remaining 25 million yuan will be invested in the construction of an industrial closed - loop system. It is worth noting that this round allows for phased financing, providing flexible participation paths for investors.
"Junhemeng Biotech" Completes Tens of Millions of Yuan Strategic Round of Financing
36Kr learned that recently, "Junhemeng Biotech" completed a strategic financing of tens of millions of yuan, exclusively invested by CSPC Guofang Fund. Kaicheng Capital served as the exclusive financial advisor for multiple consecutive rounds. The funds from this round of financing will be used to advance the development of the company's R & D product pipeline, deepen the technological layout in the fields of serious medical care and consumer medical care, and accelerate the clinical progress, application process, and market promotion of the company's product pipeline.
Zhejiang Shun'an Holding Group Co., Ltd. Completes 30 Million Yuan Series A Financing
36Kr learned that recently, Zhejiang Shun'an Holding Group Co., Ltd. announced the completion of a 30 million yuan Series A financing. This financing will accelerate its layout in areas such as artificial intelligence and ESG green investment. At the same time, it will deepen cooperation with local governments and the industrial chain, and promote the implementation of innovative scenarios such as "smart health communities" and "new energy technology systems". It is understood that Zhejiang Shun'an Holding Group focuses on strategic emerging industries such as new energy, big health, medical innovation, and intelligent manufacturing.
Anhui Yijiu Intelligent Technology Co., Ltd. Completes Angel Round Financing Worth Tens of Millions of Yuan
36Kr learned that recently, Anhui Yijiu Intelligent Technology Co., Ltd. completed an angel round financing worth tens of millions of yuan. The funds from this round will be mainly used for core technology R & D, product matrix upgrade, and market channel expansion.
"Digital Optic Core" Completes Tens of Millions of RMB in Series A+ Round Financing
36Kr learned that "Digital Optic Core" recently completed tens of millions of RMB in Series A+ round financing, led by Guangdong Hengqin Shenhe Industrial Investment, with follow - on investments from institutions such as Dafeng Industry, Fanghua Fund, and Dalai Misi. The funds from this round of financing will mainly be used for the continuous R & D and design of chips, the expansion of the team, and the improvement of the internal division of labor in the company.
Compiled | Dingding Fried Noodles