Um 9 Uhr - 1 Krypton | Ein Mitarbeiter von Nezha Automobile hat angegeben, dass er schon zwei Monate lang nicht mehr in die Firma gegangen ist; Das Bildungsministerium hat auf die Sachlage der gerichteten Weiterbildung von Narinaxi reagiert, bisher gibt es noch keine Untersuchungsergebnisse; Der Bilibili - Account des Produzenten von "Golddigger Game" wurde gesperrt.
Going Public in Progress
PPLabs Technology Limited
36Kr learned that according to the Hong Kong Stock Exchange, PPLabs Technology Limited has submitted a listing application to the Hong Kong Stock Exchange. The joint sponsors are ICBC International and Shenwan Hongyuan Hong Kong.
Changguang Chenxin
36Kr learned that Lingyun Optics announced that its affiliated company, Changguang Chenxin, submitted an application for the initial public offering of overseas-listed shares (H shares) and listing on the Main Board of the Hong Kong Stock Exchange on June 19, 2025. On the same day, it published the application materials for this issuance on the website of the Hong Kong Stock Exchange. Changguang Chenxin's main business is the R & D, design, testing, and sales of high-performance CMOS image sensors, as well as related customization services. Its products are mainly used in high-tech fields such as machine vision, scientific instruments, and professional imaging. As of the date of the announcement, Lingyun Optics holds 10.22% of the shares of Changguang Chenxin.
Top 3 Big News
Nezha Auto employees haven't gone to the company for two months, and the company's amount subject to enforcement exceeds 158 million yuan
Recently, Nezha Auto employees said they received a notice to work from home, and the office access control has become invalid. If they want to move out their personal belongings, the administrative department has to report to the relevant local departments and the property management. Nezha employees said that due to salary issues, they haven't gone to the company for two months.
According to the National Enterprise Bankruptcy and Reorganization Case Information Network, on June 19th, a new bankruptcy case was added for Nezha Auto's affiliated Hozon New Energy Automobile Co., Ltd. The applicant is Shanghai Yuxing Advertising Co., Ltd., the handling court is the Intermediate People's Court of Jiaxing City, Zhejiang Province, and the administrator institution is Zhejiang Zicheng Law Firm.
The Aiqicha App shows that Hozon New Energy Automobile Co., Ltd. was established in October 2014, with Fang Yunzhou as the legal representative and a registered capital of approximately 2.837 billion yuan. Risk information shows that the company currently has more than a hundred pieces of information as a person subject to enforcement, with a total amount subject to enforcement exceeding 158 million yuan. In addition, the company also has multiple pieces of information on restrictions on high - consumption, equity freezing, and closed cases. (Cover News)
Department of Education Responds to Narinaxi's Directed Training Incident: Relevant Departments Are Conducting Investigations, No Results Yet
Recently, the self - exposed directed training incident of actress Narinaxi has raised public doubts. On June 13th, reporters inquired through the director's mailbox on the website of the Education Department of Inner Mongolia Autonomous Region about whether Narinaxi had defaulted on the directed training agreement back then, and whether she attended middle school in Beijing and then returned to Inner Mongolia to take the college entrance examination. The response received on the same day was, "Your letter has been received and has been forwarded to the relevant department as required."
On the morning of June 20th, reporters contacted the Education Department of Inner Mongolia Autonomous Region again. A staff member from the relevant department told reporters that regarding the matter of Narinaxi, relevant departments are conducting investigations, and there are no results yet. There may be a unified response after a conclusion is reached. (Dawan News)
The Bilibili account of the producer of "The Gold Digger Game" has been blocked
On June 19th, an interactive video game called "The Gold Digger Game" was launched on the Steam platform. It was directed by Hu Yaohui and developed and published by Qianfang Studio. It is reported that the game design is based on the real experiences of the creative team. The "Mutual Assistance Message Board" function was launched with the aim of providing a "warm mutual assistance camp for male players". However, it triggered an uproar in public opinion as it was suspected of inciting gender confrontation and stigmatizing women. On the first day of the game's launch, the director's Bilibili account was blocked. (Jimu News)
Large companies/ Major events
Labubu Collectors Cash Out $100,000 After Quitting the Hobby
Previously, netizens had a heated discussion about whether the "High-Energy Ahead" series would still maintain a high premium three months later. The series was globally launched on April 24th, with a unit price of $99. In early June this year, the hidden model "Ego" of this series was sold at a price dozens of times higher on a trendy toy platform, approaching $5,000, and some popular regular models were resold for over $500. On June 19th, the price of the brand-new, unopened "Ego" model dropped to around $2,000. The aforementioned collector cashed out over $100,000 after selling all their Labubu collectibles recently. (21st Century Business Herald)
Air India: The crashed airliner was "well-maintained" before the accident
Air India said on June 19 that the Boeing 787 - 8 airliner that crashed near Ahmedabad Airport in Gujarat last week was "well-maintained" before the accident and no problems were found. In a statement, Air India said, "This airliner was well-maintained. The last major inspection was in June 2023, and the next one is scheduled for December 2025. The right engine of the airliner was thoroughly overhauled in March 2025, and the left engine was inspected in April 2025. Both the aircraft and the engines are regularly monitored, and no problems were found before that (fatal) flight." (Xinhua News Agency)
People familiar with the matter respond to Zhang Yiming's return to the front line of the company: He travels between Beijing and Singapore and participates in review and discussion meetings every month
Zhang Yiming, the founder of ByteDance, is becoming active again on the front line of the company. His main workplace has been moved from Singapore to Beijing. Since the second half of last year, he has regularly participated in review and discussion meetings of ByteDance's core management and AI project leaders, indicating his high attention to the AI business. People familiar with the matter revealed that Zhang Yiming travels between Beijing and Singapore every month and actively participates in the company's strategic discussions. (The Paper)
A large number of 3C certificates for Romoss power banks have been revoked, and Romoss power banks can no longer be found in the Douyin flagship store
An inquiry on the National Certification and Accreditation Information Public Service Platform of the State Administration for Market Regulation revealed that a large number of 3C certifications for fast - charging mobile power banks of Romoss Technology - related companies have been revoked. The remaining 3C certifications are related to chargers and sockets.
In addition, Romoss power banks can no longer be found in the Romoss Douyin flagship store. Only charging plugs and wiring are available. In the Douyin Mall, only a few individual merchants are still selling Romoss power banks. However, in the Romoss flagship stores on JD.com and Taobao, power bank products are still being sold normally. In response, Sina Technology contacted Romoss customer service, and they said they were not yet clear about the specific reasons for the product removal on Douyin. (Sina Technology)
Changzhou Jurassic Water World's "Free Admission for Women in Bikinis" Draws Doubts, Staff: It Has Been Taken Off the Shelf
Recently, the "Free Admission for Women in Bikinis" event launched by Changzhou Dinosaur Park's Jurassic Water World has sparked many netizens' doubts. According to the third-party platform ticket-purchasing page of the Jurassic Water World in the Dinosaur Park posted by tourists, this ticket is applicable to women. The applicable condition is "wearing a bikini and being between 18 (inclusive) and 70 (exclusive) years old calculated by birthday". The available booking date is June 27th, and the estimated final price is 0 yuan.
By the time the relevant information was spreading, 94 tickets had been sold. Some female tourists who had experienced the event said that they must wear a bikini before entering the park to enjoy free admission. Changing into a bikini after entering the park does not meet the requirements. Some netizens questioned that the scenic area was using women as a gimmick to attract male tourists to consume. On June 20th, the scenic area's customer service said that the "bikini-wearing tickets" were sold out. Since it was a time-limited event, it was not clear whether they would be put on the shelves again. In addition, a staff member of the park said that they received a notice from the company at noon on June 19th, and the tickets had been taken off the shelves across the whole network, but the company did not explain the specific reason for taking them off. (Jiemian News, Jiupai News)
Foxconn Enters Core Component Manufacturing for the First Time to Strengthen Its Position in India's iPhone Supply Chain
According to a blog post published by the Financial Times on June 19th, Foxconn is setting up mass production of iPhone metal middle frames in India for the first time, thereby strengthening its position in Apple's manufacturing strategy in India. IT Home, citing the blog post, reported that among Foxconn's current factories in India, the Sriperumbudur plant is mainly responsible for assembling iPhones, the Hyderabad plant is mainly for AirPods production lines, and there is also the upcoming Bangalore plant.
The latest news indicates that Foxconn plans to set up a new factory in the ESR Industrial Park in Oragadam, Tamil Nadu, specializing in the production of iPhone metal middle frames. Previously, only Tata Electronics in India supplied these components, and the latter recently became Apple's partner for iPhone and MacBook repairs in India. (IT Home)
Starting from June 20, the railway department expands the pilot scope of high - speed rail pet consignment services
36Kr learned that according to the official account of China Railway, to better meet the needs of passengers traveling with pets, the railway department will expand the pilot scope of high - speed rail pet consignment services starting from June 20, 2025. It covers 25 stations and 38 EMU trains on 8 high - speed railways such as the Beijing - Shanghai, Beijing - Guangzhou, Beijing - Harbin, and Shanghai - Kunming high - speed railways. Passengers can consign one pet cat or dog on the same train. The pet should be domestically raised, in good health, with a single weight not exceeding 15 kilograms and a shoulder height not exceeding 40 centimeters.
The number of single - person households in South Korea exceeded 8 million for the first time
Data released by Statistics Korea on June 19 showed that the number of single - person households in South Korea exceeded 8 million for the first time in 2024. This reflects the impact of changes in the marriage and child - bearing concepts of South Koreans on South Korea's social structure in recent years. South Korean media reported, citing data from the statistics agency, that as of October 2024, the number of single - person households in South Korea reached 8.003 million, an increase of 616,000 from the previous year. Among single - person households, about 5.1 million were in employment, which was the first time to exceed the 5 - million mark since relevant records began. (Xinhua News Agency)
Suning Plans to Sell Four Carrefour Subsidiaries for 4 Yuan to Continuously Reduce Debt and Lighten the Burden
On the evening of June 19th, Suning Group Co., Ltd. issued an announcement stating that Carrefour China Holdings N.V. (hereinafter referred to as "Carrefour China"), a wholly-owned subsidiary of Suning International and a subsidiary of the company, signed an "Equity Transfer Agreement" with Shanghai You'an Legal Consulting Co., Ltd. (representing Shanghai Jiafu Qishu Enterprise Service Partnership (Limited Partnership)).
Specifically, Carrefour China will sell 100% of the equity of Ningbo Carrefour Commercial Co., Ltd., Hangzhou Carrefour Supermarket Co., Ltd., Zhuzhou Carrefour Commercial Co., Ltd., and Shenyang Carrefour Commercial Co., Ltd. it holds at a consideration of 1 yuan each. The total sale amount of the transaction targets in this deal is 4 yuan. After the completion of the transaction, these four companies will no longer be included in Suning's consolidated financial statements.
Regarding the reasons for the sale, Suning stated in the announcement that the company's current strategic focus has been adjusted to focus on the core business of home appliances and 3C products. It is continuously promoting the streamlining of non-core business units, taking multiple measures to further reduce the company's debt level and continuously resolve the company's debt burden. (Jiemian News)
Source: Baidu's self-driving taxi subsidiary, Apollo Go, plans to enter the Southeast Asian market as early as the end of 2025
A source said that Baidu's self-driving taxi subsidiary, Apollo Go, plans to enter the Southeast Asian market as early as the end of 2025. Apollo Go will mainly focus on the markets in Singapore and Malaysia in Southeast Asia. (Sina Finance)
Google Search Vulnerability Exposed: Apple and Microsoft Official Website Suffixes Can Be Parasitized with Fraudulent Phone Numbers
On June 20th, news came that the cybersecurity company Malwarebytes published a blog post on June 19th, revealing that online fraud gangs are exploiting a Google Ads vulnerability to insert fake customer service phone numbers into the search results of official websites such as Microsoft and Apple. The blog post introduced that the online fraud gangs purchase Google Ads and direct the links to the official domain names of well - known websites such as Microsoft, Apple, HP, and PayPal. Hidden parameters are appended to the ad links. When users click on them, it seems that they are entering the real websites, but the parameters will automatically insert fake phone numbers into the page. (IT Home)
The top 20 undergraduate majors in employment satisfaction are announced: 9 are in humanities and social sciences
On June 11, the 2025 Employment Blue Book (including "The 2025 Employment Report of Chinese Undergraduates" and "The 2025 Employment Report of Chinese Vocational College Students") was officially released, revealing the top 20 majors in employment satisfaction in 2025.
Six medical majors made the list, namely: Medical Imaging, Clinical Medicine, Anesthesiology, Integrated Traditional Chinese and Western Medicine, Medical Imaging Technology, and Nursing; nine humanities and social science majors (majors that liberal arts students can apply for) made the list, namely: Sports Training, Broadcasting and Hosting Arts, Photography, International Economics and Trade, Dance, Law, Ideological and Political Education, Social Sports Guidance and Management, and Radio and Television Directing; five science and engineering majors made the list, namely: Mathematics and Applied Mathematics, Chemistry, Physics, Electrical Engineering and Automation, and Biomedical Engineering. (Dahe Daily)
Ele.me: Logistics Supervisor Suspected of Duty - Related Crime Has Been Referred to Public Security Authorities
36Kr learned that it was rumored online that an Ele.me employee was taken away by the police for investigation. On June 20th, Ele.me responded that through an internal investigation, it was found that Han Liu, the logistics supervisor, was suspected of duty - related crime, and the company voluntarily reported the case to the public security authorities. Recently, the police have summoned relevant personnel to cooperate in the investigation. Ele.me adheres to the culture of integrity and honesty, and will never tolerate any behavior that crosses the red line, and will resolutely handle such matters in accordance with laws and regulations.
World's Largest Diamond Exchange Damaged: Impact on Israel's Diamond Industry
On the morning of June 19th local time, Iranian ballistic missiles attacked Israel again. This time, some missiles landed directly near the Israel Diamond Exchange in Ramat Gan. The huge destructive power of the missiles caused considerable damage to the nearby buildings. The glass facades of many buildings, including the diamond exchange, were largely shattered.
The Israel Diamond Exchange is the world's largest diamond exchange, and diamond processing is one of Israel's monopoly industries. The attack on the diamond trading center may have a certain impact on Israel's diamond industry.
It is understood that Ramat Gan, the affected area, is one of Israel's major manufacturing centers. There are also many financial trading institutions in the area. It is the largest satellite city in the Tel Aviv metropolitan area, the capital of Israel. (Global Military)
Pop Mart Has Established a Film Studio
As LABUBU has become extremely popular globally, IPs like LABUBU, which gained popularity through blind boxes, have been questioned for "lacking a story core." Comparing with Disney's IP matrix, the industry points out that Pop Mart's overall premium - earning ability is limited. "For film and TV IP content like Disney's, in - depth IP stories are used to enhance fans' loyalty, and its gross profit margin can usually reach 3 to 5 times that of blind - box products. This means that if Pop Mart can introduce a more diverse content operation model based on its existing popular products, the profitability of its derivatives is expected to be further improved." Industry insider Xia Yuchen said.
Wang Ning, the founder of Pop Mart, clearly realizes the above - mentioned risks and is trying to break the single play mode of blind boxes. He not only plans to build a Pop Mart theme park but also intends to strengthen the "infrastructure" at the content level and will launch the animated series "LABUBU and Friends". Wang Ning revealed that Pop Mart will also produce movies and has officially established a film studio. (Southeast Morning Post)
The Cutting - Edge of AI
LimX Dynamics Launches TRON 1 Perception Expansion Kit, Extending Perception Research to Multi - Terrain 3D Space
36Kr learned that LimX Dynamics has launched the perception expansion kit for its multi - form bipedal robot TRON 1. By integrating lidar and depth cameras and equipping with high - computing - power modules, relying on TRON 1's ability to move on complex terrains, it extends perception - related scientific research tasks to multi - terrain 3D space, providing out - of - the - box software and hardware support for key scientific research tasks such as 3D mapping, re - localization, path planning, and autonomous navigation.
SoftBank founder Masayoshi Son seeks cooperation with TSMC to build a $1 trillion AI center in Arizona
Masayoshi Son, the founder of SoftBank Group, is seeking cooperation with TSMC to realize his biggest bet to date - building a trillion - dollar industrial park in Arizona to produce robots and artificial intelligence. According to people familiar with Son's ideas, he envisions building a large - scale manufacturing center similar to Shenzhen in China to bring high - tech manufacturing back to the United States. TSMC has already planned to invest $165 billion in the United States and has started large - scale production at its first factory in Arizona. (Sina Finance)
Concerns about AI-Generated Code: The Gap in Manual Review Poses a New Security Threat
On June 20th, Cloudsmith released a report on June 18th, pointing out that the quantity of AI-generated code has skyrocketed, but manual code review cannot keep pace. The report shows that among developers using AI, 42% of the code is generated by AI. Among them, 16.6% of developers rely on AI to contribute "most" of the code, and 3.6% of the code is completely machine-generated. (IT Home)
SK Group and Amazon to Invest Approximately $5.1 Billion to Build South Korea's Largest AI Data Center
South Korea's Ministry of Science and ICT said on Friday that South Korea's SK Group and Amazon's cloud service provider AWS will invest approximately 7 trillion won (equivalent to about $5.11 billion) to build a data center in the southern city of Ulsan, including $4 billion from AWS. (Sina Finance)
Lenovo's Dai Wei: Hybrid AI is the Only Way to Achieve AI for All
36Kr learned that at the 2025 MWC Shanghai Intelligent Data Center Summit held on June 20, Dai Wei, Senior Vice President of Lenovo Group and General Manager of the China Solutions & Services Business Group, stated that hybrid AI is the only way to achieve AI for all. It is understood that Lenovo's hybrid AI advantage set covers the entire process of customers' AI application implementation, including five major capability layers: hybrid infrastructure, enterprise data and knowledge base, model factory, agent platform, and AI services. Based on these five capability layers, Lenovo can develop general and vertical industry solutions with rich model tools and modular design, forming an AI solution application library that meets security and ESG requirements.
Investment and Financing
United Imaging Intelligence Completes RMB 1 Billion Series A Financing
36Kr learned that according to the Aiqicha App, recently, Shanghai United Imaging Intelligence Healthcare Co., Ltd. completed its Series A financing with a total scale of RMB 1 billion. This financing was jointly led by E Fund Private Fund Management Co., Ltd. and Shanghai Guotou Investment, and jointly funded by institutions such as Shanghai United Investment, Shengshi Capital, Suzhou Venture Capital Group, Junwei Venture Capital, Qingsong Capital, Zhangjiagang Venture Capital, and United Imaging Healthcare.
"Shangyue Intelligent Technology" Completes a New Round of Pre-A+ Round Financing
36Kr learned that "Shangyue Intelligent", an integrated service provider of artificial intelligence data, has completed a new round of financing. The investor is Hankou Fund. This round of financing will be used for the expansion of low-altitude economic data annotation business, the upgrade of the Honeycomb Annotation System, and the application of medical imaging data, etc., to promote the company's further in-depth layout in the field of artificial intelligence data services.
Beijing Qiaosi Huaxia Property Management Co., Ltd. Completes Series A Financing of 20 Million Yuan
36Kr learned that recently, Beijing Qiaosi Huaxia Property Management Co., Ltd. has completed a Series A financing of 20 million RMB. This financing will help Qiaosi Huaxia further expand its business, and the funds will be mainly used to accelerate the expansion of the hotel business network and deepen the existing business.
Machine vision company Huicui Intelligence completes tens of millions of yuan in Series B+ financing
36Kr learned that recently, Hangzhou Huicui Intelligence Technology Co., Ltd. completed tens of millions of yuan in Series B+ financing. This round of financing was invested by Xi'an Hangcheng Innovation Engine Investment Fund. Previously, Huicui Intelligence received hundreds of millions of yuan in investment from well - known investment institutions such as Fortune Capital and CAS Yangtze River Delta Capital. The purpose of this round of financing is to continue to deeply promote the R & D of relevant core technologies, market expansion, and the commercialization process.
Cool products
New Features of Microsoft's Win11 Screenshot Tool: Record Screen and Export as GIF Animations, Adjustable Quality, Up to 30 Seconds
On June 20th, tech media NeoWin published a blog post on the same day, reporting that Microsoft has invited members of the Windows Insider Program in the Dev and Canary channels to test the new version of the native screenshot tool for Windows 11. The main new feature is the ability to record the screen and export it as a GIF animation. (IT Home)
Compiled | Yuan Si