Um 8 Uhr, 1 Krypton | Der Kundenservice von Sam's Club reagiert auf die Kontroverse, die durch das Anbieten von "Orion Pie" ausgelöst wurde; Xiang Zuo soll Spielschulden von über einer Million Euro haben, und das Casino MGM Macau hat Klage erhoben, um die Schulden einzuziehen; NVIDIA wird die Vertriebsaktivitäten des H20 in China wieder aufnehmen.

Top 3 Big News

Removing Multiple Well - received Products and Adding Orion Products Causes Dissatisfaction, Sam's Club Customer Service: Adhering to the Principle of Quality First

In June 2025, Sam's Club introduced a new low - sugar Orion Pie. Through formula improvement, the sugar content was reduced by 80%, while the cocoa content increased by 30%. It is understood that this product is a new collaboration between Sam's Club and Orion, and it is only sold through Sam's Club channels. However, this Orion Pie has sparked doubts among members about the decline of Sam's Club's product selection ability.

Reporters searched on the Sam's Club membership store APP and found that in addition to Orion, products from popular brands such as Weilong, Hsu Fu Chi, and Liuliumei have successively entered Sam's Club shelves. Meanwhile, featured products like egg yolk pastries, mango sago with pomelo, and caramel biscuit mille - feuille, which once triggered a buying frenzy, have quietly been removed from the shelves. Regarding this change in product selection strategy, many members said that Sam's Club is becoming more and more similar to ordinary supermarkets.

On July 14, a media reporter called the Sam's Club membership store customer service hotline as a consumer to inquire about this matter. The staff said that the product removal information should be based on the APP prompt and promised to try their best to improve the product quality. On July 15, the reporter searched and found that the controversial Orion products could not be found on the Sam's Club membership store mini - program. The customer service responded that the products have indeed been removed from the national online platforms, and the specific reason is currently unknown as they have not received relevant notifications yet. (Consumer Daily, Jiupai News)

Xiang Zuo Owes Over One Million in Gambling Debts, and MGM Macau Casino Sues to Recover the Money

On July 15th, it was reported that Xiang Zuo, the husband of well - known actress Guo Biting and the son of Hong Kong film tycoon Xiang Huaqiang, was exposed for not repaying his gambling debts. MGM Macau Casino has sued him to recover the money, with the amount reaching HK$1.4 million (approximately RMB 1.28 million). Currently, the case is being handled by the Hong Kong District Court.

MGM China Holdings Limited stated that on December 1st, 2024, Xiang Zuo borrowed HK$2 million at its Macau casino and exchanged it for chips, with an agreement to repay the money on the same day. However, after deducting account debits and partial repayments, there is still HK$1.4 million outstanding. According to the loan agreement, the creditor can charge an annual interest rate of 18%, calculated from the date of borrowing until repayment. As of now, Xiang Zuo himself and his management team have not responded to this case. (Straight News from Shenzhen Satellite TV)

Nvidia to Resume Sales of H20 in China and Launch a New Graphics Card Called RTXpro

It is reported that Jensen Huang, the founder and CEO of American company Nvidia, announced two important developments during an interview with a CCTV reporter on July 15th: the US has approved the sale of H20 chips to China, and Nvidia will launch the RTXpro GPU.

Jensen Huang, the founder and CEO of Nvidia, said, "The US government has approved our export license, and we can start shipping. So, we will start selling H20 in the Chinese market. I'm really looking forward to shipping H20 soon. I'm very happy about this. It's really, really good news. The second piece of news is that we will also release a new graphics card called RTX Pro. This graphics card is very important because it is specifically designed for computer graphics, digital twins, and artificial intelligence."

The US government decided in April this year to ban Nvidia from selling its H20 chips in the Chinese market. The H20 is an AI accelerator launched to comply with US export restrictions and specifically designed for the Chinese market. The H20 is based on Nvidia's Hopper architecture and features CoWoS advanced packaging technology. The H20 is more suitable for vertical model training and inference and cannot meet the requirements for training trillion - level large models. Its overall performance is slightly higher than that of the 910B. (CCTV News)

Big Companies/Big Events

Following NVIDIA's H20, AMD Confirms Resumption of MI308 Chip Exports to China

Just hours after NVIDIA announced that the sale of its H20 chips in China had been approved by the US government, AMD also confirmed that it would resume exporting its MI308 chips to China.

Like NVIDIA, AMD has been troubled by the AI hardware export restrictions proposed by the Biden and Trump administrations. The Biden administration introduced comprehensive AI proliferation rules, while the Trump administration, although it revoked the AI proliferation rules, imposed restrictions on the H20 and MI308 chips. AMD had confirmed that these measures could cost it approximately $800 million in inventory, procurement commitments, and related reserves. Although this figure is less than NVIDIA's $5.5 billion write - down, it is sufficient to impact AMD's financial situation. Therefore, this policy shift is good news for AMD.

After the news was announced, AMD's stock price soared nearly 5% in pre - market trading, similar to NVIDIA's increase. (IT Home)

ROMOSS Issues Latest Response After Being Suspected of "Fleeing" Following Production Shutdown

On July 15th, ROMOSS issued a statement saying that it has recently noticed a large amount of false information about the company on the internet. The company has never stopped fulfilling its commitments, and the product recall and after - sales service systems have been operating continuously as planned. For a more long - term future, in the face of this operational challenge, ROMOSS has made strategic adjustments. The main members of the company's operation team are on duty, and all available resources are being prioritized for the protection of user rights. The company promises that this recall service will be valid for a long time, and the service quality will never be affected by time or geographical differences. (Jiemian News)

Power banks to follow new national standards, safety technical specifications set to be upgraded

Recently, the quality and safety of power banks have become a hot topic. Relevant national departments are formulating stricter mandatory national standards for mobile power sources (power banks), and currently, they are soliciting public opinions. The new national standards will set stricter technical requirements. On the basis of the existing ones, test requirements for over - charging, needle - piercing, squeezing, thermal abuse, etc. will be added or upgraded; functions for monitoring safety information such as battery voltage and temperature will be added, and functions such as new capacity, intelligent voltage adjustment, and interactive communication between devices will be considered; requirements for the key production process technologies of power banks, lithium - ion batteries, and battery packs and key materials affecting battery safety will also be considered, and the safety of mobile power sources after aging will be evaluated. (CCTV News)

China's GDP grew 5.3% year-on-year in the first half of the year

At 10 a.m. on July 15, the State Council Information Office held a press conference, and the National Bureau of Statistics released the economic data for the first half of this year. Sheng Laiyun, deputy director of the National Bureau of Statistics, said that in the first half of the year, China effectively implemented more proactive and effective macro policies, and the national economy withstood the pressure and forged ahead. The economic operation was generally stable and showed a positive trend. Preliminary calculations show that the gross domestic product in the first half of the year was 6,605.36 billion yuan, a year-on-year increase of 5.3% at constant prices. (CCTV News)

Hubei Extends Marriage Leave to 15 Days, 28 Provinces in China Have Extended Marriage Leave

According to a recent announcement on the website of the Hubei Provincial People's Government, the General Office of the Hubei Provincial People's Government issued a notice on "Several Measures to Accelerate the Improvement of the Fertility Support Policy System and Build a More Practical and Effective Fertility - Friendly Society". It mentioned that employees who register for marriage in accordance with the law will have their marriage leave extended to 15 days on top of the national - stipulated marriage leave. On July 15, when a reporter inquired with the Hubei Provincial Health Commission in the capacity of a citizen, it was responded that the 15 - day marriage leave does not include weekends, and remarried employees can also enjoy the 15 - day marriage leave. This time, Hubei extended the marriage leave to 15 days, which includes the national legal 3 - day basic marriage leave and an additional 12 - day extension from Hubei Province.

Currently, 28 provinces in China have clearly extended the marriage leave. Among them, Shanxi and Gansu offer the longest marriage leave, with employees eligible for 30 days. Henan and Heilongjiang stipulate that those who undergo pre - marriage medical examinations can get an additional 7 days and 10 days respectively, with the longest marriage leave reaching 28 days and 25 days respectively. (Jing Shi Live)

A large number of low - price power banks have appeared on the second - hand trading platform, costing 7 yuan per catty without 3C certification

Recently, reporters found on a second - hand trading platform that many sellers are selling second - hand power banks in large quantities at low prices. Some sellers are selling them at 7 yuan per catty or 14 yuan per kilogram, claiming that these power banks are from railway stations. Other sellers are marking a price of 9.9 yuan each, clearly stating that the goods are from Guangzhou Airport. According to the reporters' observation, most of these power banks do not have the 3C certification mark, and their quality and safety are worrying.

According to relevant reports, the relevant person in charge of the Civil Aviation Administration of China said that major airports are gradually establishing self - abandonment and temporary storage areas for power banks and providing express delivery services. For power banks voluntarily abandoned by passengers or those that exceed the temporary storage period, the airports will destroy them uniformly or cooperate with regular battery recycling enterprises for scrapping and resource recycling to ensure traceability of the flow and strictly prevent untreated power banks from flowing into the market.

However, the second - hand power banks on these platforms clearly have not gone through the regular processing procedures and are suspected of illegal circulation. In response, a lawyer said that if it is verified that the sellers resell power banks without 3C certification recycled from airports or other channels, it is an illegal act. The market supervision department should promptly intervene in the investigation. Once verified, the sellers may be fined between 50,000 yuan and 200,000 yuan, depending on the severity of their illegal circumstances. (Beijing Time)

Sony Halts Sales of Xperia 1 VII Phones in Multiple Regions Due to Malfunctions Such as Unexpected Shutdowns and Restarts

On July 15th, tech media Phonearena published a blog post on July 14th, reporting that the problems with Sony's Xperia 1 VII phones are more severe than previously expected. After halting sales in Japan, Sony has also stopped selling the phones in multiple markets in Europe and other regions. According to previous reports, the Xperia 1 VII flagship smartphones have issues such as automatic shutdowns, random restarts, and failure to boot, so Sony decided to suspend the distribution and sales of the phones in Japan. Sony also issued announcements in the UK, Hong Kong, and Taiwan regions, admitting that similar problems exist with the Xperia 1 VII.

Sony has removed multiple models, including the Xperia 1 VII, from its official website in Finland, local carriers, and retailers. In an official statement issued later, Sony said that in Finland, the Xperia 1 VII phones are no longer sold through Sony's official channels. In some European regions (excluding Finland), users who want to purchase the Xperia 1 VII can buy it directly from Sony's official online store or through Amazon. The media then checked Sony's official websites in major European markets and found that the Xperia 1 VII and other phones are all shown as out of stock on the official websites of Germany, France, Spain, the UK, etc. (IT Home)

Geely Auto Signs Merger Agreement with Zeekr

On July 15, Geely Holding Group announced that its subsidiary Geely Automobile Holdings Limited (hereinafter referred to as "Geely Auto", stock code: 0175.HK) and Zeekr Intelligent Technology Co., Ltd. (hereinafter referred to as "Zeekr", stock code: NYSE: ZK) have officially signed a merger agreement. Geely Auto will acquire all the remaining shares of Zeekr it does not already own, and Zeekr shareholders can choose to receive cash or exchange for Geely Auto shares as consideration. (Jiemian News)

S.F. Express Responds to Demotion and Transfer of CMO Xu Bensong: It's a Normal Job Transfer

According to news in the afternoon of July 14th, it was reported that Xu Bensong, the CMO of S.F. Express, was demoted and transferred due to a "major abnormal event", and the new CMO will be succeeded by Geng Yankun, the former CIO (Chief Information Officer) of S.F. Group. In response, some media outlets verified the information with S.F. Express, and S.F. Express responded that the transfer of the CMO is a normal job transfer. (Sina Finance)

Zhu Xiaohu Says Large Models Will Consume 90% of Agents

Zhu Xiaohu, the managing partner of GSR Ventures, posted on a social platform, discussing topics related to large models and AI agents. Zhu Xiaohu said that today's AI agent startups are very similar to individual webmasters in the early days of the Internet. The cases summarized by DeepSeek of individual webmasters who started from scratch and eventually grew into influential Internet companies are worth referring to for today's AI agent entrepreneurs.

Some netizens commented in the comment section, "The problem lies in whether there can be stickiness. In the end, large models will definitely consume all agents, but many players who leave in the middle can also go home with full rewards." In response, Zhu Xiaohu replied, "Consume 90%." (Sina Tech)

Founder of Jiahe Yipin Accuses of Food Delivery Wars: More and More Merchants Will Go Bankrupt

On the afternoon of July 14th, Liu Jingjing, the founder of Jiahe Yipin, posted on Weibo to accuse of the chaos of "platform subsidies". The post pointed out the phenomenon of "customers enjoying discounts, platforms gaining popularity, and merchants bearing the brunt of the cost". The "10 billion subsidy" forces merchants to bear the majority of the expenses, leaving them in a dilemma of "no traffic if not participating, and losing money if participating". A customer can buy a 43-yuan takeaway for 1 cent, with the platform subsidizing 15 yuan and the merchant bearing 28 yuan.

Restaurants for dine-in are facing multiple survival challenges. Liu Jingjing pointed out that the dine-in customer flow has decreased due to the "restriction on alcohol consumption for official purposes". At the same time, they are being "exploited" by group-buying and live-streaming. Coupled with the fact that food delivery platforms snatch two or three hundred million customer flows from dine-in every day, the survival space for dine-in continues to shrink. However, restaurants still need to bear fixed costs such as food ingredients, rent, labor, energy, and taxes, as well as high service fees and traffic fees from the platforms, resulting in a sharp increase in operating pressure. More and more merchants will go bankrupt. Tens of millions of merchants are almost reduced to takeaway processing factories, becoming the ammunition in the melee of the three giants. And food delivery riders are still consumables "exchanging health for tomorrow". (Sohu Technology)

Tesla Announces the Price of Model Y in the Indian Market, Twice as Expensive as in China

On July 15th local time, Tesla officially entered the Indian market. The official website of this electric vehicle manufacturer shows that Tesla has started selling Model Y cars in India with a starting price of approximately $69,770 and is preparing to open its first showroom in Mumbai, the financial capital of India.

The official website of Tesla shows that the price of the rear - wheel drive Model Y is approximately 6 million Indian rupees (equivalent to $70,000), which is the highest among major markets; the price of the long - range rear - wheel drive Model Y is about 6.8 million rupees (equivalent to $79,000). In comparison, the starting price of this car is $44,990 in the United States, 263,500 yuan (approximately $36,700) in China, and 45,970 euros ($53,700) in Germany. (Cailian Press)

Wang Xingxing, CEO of Unitree Robotics: There has been a significant increase in robot shipments this year

On July 15th, at the press conference for "Strivers on the New Journey" held by the State Council Information Office, Wang Xingxing, the founder & CEO of Unitree Robotics, stated that the shipment volume of Unitree Robotics' robots has increased significantly compared to last year. (Yicai Global)

The EU says it has no intention of taking any trade countermeasures before August 1st

An EU spokesperson said that the EU has no intention of taking any trade countermeasures before August 1st. US President Trump announced on the 12th that starting from August 1st, a 30% tariff will be imposed on goods imported from the EU. European Commission President von der Leyen said on the 13th that the EU will extend the suspension period of counter - measures against US tariffs until early August. (CCTV News)

SpaceX, owned by Musk, will launch Starlink service in Vietnam in the fourth quarter

Vietnamese state media reported on Tuesday, citing a government official, that SpaceX is expected to launch its Starlink satellite internet service in Vietnam starting from the fourth quarter of 2025. According to the report, Pham Duc Long, the deputy minister of the Ministry of Science and Technology of Vietnam, said, "The goal of the Ministry of Science and Technology is to immediately approve the pilot service using low - orbit satellites after the investor completes the investment procedures and establishes a legal entity in Vietnam. The goal is to deploy the service in the fourth quarter of 2025." (Sina Finance)

The three major U.S. stock indexes showed mixed performance, and popular Chinese concept stocks strengthened collectively

36Kr learned that at the close on July 15, the three major U.S. stock indexes showed mixed performance. The Nasdaq rose 0.18% to a new closing high, the Dow fell 0.98%, and the S&P 500 index fell 0.4%. Large technology stocks also showed mixed performance. NVIDIA rose more than 4%, while Microsoft, Amazon, Google, and Apple rose slightly. Tesla and Meta fell more than 1%, and Netflix fell slightly. Popular Chinese concept stocks strengthened collectively. Kingsoft Cloud rose more than 18%, Alibaba and Baidu rose more than 8%, Bilibili rose more than 7%, JD.com rose more than 4%, Pinduoduo and NetEase rose more than 2%, and NIO and XPeng Motors rose more than 1%.

Trump Says Tariff Collection to Start on August 1st, Agreement with Vietnam Almost Finalized

On July 15th local time, US President Trump said that tariff collection would start on August 1st. He also stated that the agreement with Vietnam was almost finalized. (CCTV News)

Kunming Airport Responds to Landing Gear Damage of a Flight: No Casualties

On July 15, Kunming Changshui International Airport responded to the release of its operation status. On the evening of July 14, after Flight UB805 of Myanmar National Airlines from Yangon to Kunming landed at Kunming Changshui International Airport, it was unable to taxi out of the runway normally due to damage to the right main landing gear. Kunming Changshui International Airport immediately activated the emergency plan. The passengers on board left the aircraft safely, and there were no casualties. The aircraft has now been removed from the runway, and the airport is currently operating normally.

Previously, some netizens posted on social platforms that at 10:27 p.m. on July 14, the landing gear of a Myanmar Airlines B737 - 800 broke when it landed on Runway 03 at Kunming Airport, and the No. 2 engine scraped the ground. (CCTV.com, Jiemian News)

The Cutting - Edge of AI

OpenAI's $3 billion acquisition falls through, Google swoops in for Windsurf's talent and technology with $2.4 billion

According to media reports, OpenAI originally planned to acquire the popular AI programming startup Windsurf for $3 billion. However, it suddenly announced the cancellation of the deal last Friday local time, and Windsurf instead reached a cooperation with Google. Google issued a statement saying that the company will hire Windsurf's CEO Varun Mohan, co - founder Douglas Chen, and some R & D employees to join Google's DeepMind team. According to the statement, Google did not acquire any shares of Windsurf and will not have any control over it. Windsurf will remain independent, and about 250 employees will continue to stay. It is revealed that as part of the cooperation, Google will pay a licensing fee of $2.4 billion to obtain exclusive technology licensing from Windsurf. After the deal was announced, Jeff Wang, the business director of Windsurf, will temporarily take over as CEO. (Jiemian News)

Amazon Launches Preview Version of AI Programming Tool Kiro

Amazon, the leading cloud computing company, announced the launch of the preview version of its AI programming tool, Kiro. Different from other AIs that "blindly write code" upon receiving prompts, Kiro can collaborate with programmers to define requirements, system designs, and tasks to be implemented before writing any code. This puts Amazon in direct competition with existing tools such as GitHub's agent model and Google's Gemini Code Assist. Kiro is free during the preview period, and three pricing tiers are planned for the future. Andy Jassy, the CEO of Amazon, said that Kiro "has the opportunity to change the way developers build software." (Securities Times)

Elon Musk Announces the Launch of Grok's Anime AI Companion Function, Some Free Users Can Also Try It

On July 15th, it was reported that Elon Musk announced on Monday local time that paid subscribers of Grok can now try out the new "Companions" feature of the AI chatbot. However, some free users also claim that they can access this feature. The first batch of virtual avatars launched by Grok includes the anime character Ani and the cartoon panda Rudy. According to TestingCatalog, Ani also has an "NSFW mode", in which the character will wear lingerie, which is more in line with the preferences of otaku players and leads the AI industry. (IT Home)

Financial Reports of Big Companies

Pop Mart: It is expected that the profit for the six months ended June 30, 2025 will increase by no less than 350% compared with the same period last year

36Kr learned that Pop Mart announced that it is expected that the revenue of the Group for the six months ended June 30, 2025 may increase by no less than 200% compared with the revenue for the six months ended June 30, 2024; it is expected that the profit of the Group during this period (excluding the fair value change gains and losses of financial instruments that have not been fully counted) may record an increase of no less than 350% compared with the Group's profit in the same period last year.

Yonghui Superstores Forecasts a Loss of 240 Million Yuan in the First Half of the Year

On July 14, Yonghui Superstores Co., Ltd. released the "Announcement on the Expected Loss of the First Half of 2025", forecasting a net loss of 240 million yuan attributable to the shareholders of the listed company in the first half of 2025.

According to the Aiqicha App, Yonghui Superstores Co., Ltd. was established in April 2001, with Zhang Xiansong as its legal representative and a registered capital of approximately 9.07 billion yuan. Its business scope includes the retail and wholesale of prepackaged food, bulk food, health food, dairy products, etc. Shareholder information shows that the company is jointly held by Guangdong Juncai International Trading Co., Ltd., Zhang Xiansong, Zhang Xuanning, etc.

External investment information shows that the company has directly invested in dozens of enterprises, which are located in Fujian, Sichuan, Shaanxi and other places. Its business map covers areas such as catering, supply chain, and e - commerce, and currently more than 60 of them are in operation. In addition, through direct or indirect means, the company has actual control over more than a hundred enterprises. Branch information shows that the company has established more than 70 branches, and currently 51 of them are in operation. (Daily Economic News)

Cool Products

Apple Abandons Self-developed Folding iPhone and Decides to Adopt Samsung's Plan

On July 15th, Ming-Chi Kuo, an analyst at TF International Securities, published a blog post on the article-sharing platform Medium, stating that Apple has decided to adopt Samsung Display's plan for its first folding iPhone. Ming-Chi Kuo is an expert on Apple's supply chain and has previously disclosed information about Apple's product developments in advance on multiple occasions. According to his disclosure, Apple has decided to abandon its self-developed plan and switch to Samsung Display's existing plan.

Among them, Fine M-Tec, a supplier with close cooperation with Samsung, will mainly supply the hinge part, which will deepen the supply chain cooperation between Apple and Samsung Display. The display hinge is one of the keys to a crease-free design, which can effectively disperse and control the stress generated during folding and reduce the formation of creases. (Jiemian News)

Illustration

Investment and Financing

Google to Invest $25 Billion in the United States Over the Next Two Years for Data Centers and AI Infrastructure

Google announced on July 15 that it will invest $25 billion in multiple states covered by the largest power grid in the United States over the next two years for the construction of data centers and artificial intelligence infrastructure. Google also said it will spend $3 billion to modernize two hydropower plants in Pennsylvania to meet the growing power demand of data centers and the artificial intelligence sector in the region. (Sina Finance)

"Zhiyuan Robotics" Obtains Strategic Investment from Zhengda Robotics

36Kr learned that recently, "Zhiyuan Robotics" has obtained a strategic investment from Zhengda Robotics. Zhengda Robotics will assist Zhiyuan Robotics in exploring and developing full - scenario businesses in vertical fields such as life science and technology, new retail, new consumption, and health and wellness services.

XPeng HT Completes $250 Million Series B Financing

36Kr learned that on July 15, XPeng HT announced the completion of a $250 million Series B financing. This round of financing will be used to ensure the smooth progress of XPeng HT's R & D, large - scale mass production, and commercialization of flying cars. It is understood that the mass - production process of the "Land Aircraft Carrier" is accelerating across the board. XPeng HT's world's first mass - production factory for flying cars has been capped, and equipment debugging is underway. It is planned to be completed in the fourth quarter of this year, and the "Land Aircraft Carrier" will also be mass - produced and delivered in 2026.

"Huayi Quantum" Completes Hundreds of Millions of Yuan in Series A Financing

36Kr learned that "Huayi Quantum", an ion trap quantum computing company, recently completed hundreds of millions of yuan in Series A financing. This round of financing was jointly led by the Zhongguancun Special Fund for Independent Innovation of the National Social Security Fund (managed by Legend Capital), the Beijing Information Industry Development Investment Fund, and Legend Capital. The funds will be used to accelerate the R & D iteration of core quantum computing technologies and the implementation of industrial applications.

"Flash Shuttle Auto" Completes Pre-A Round of Financing Worth 20 Million RMB

36Kr learned that recently, "Flash Shuttle Auto" completed a Pre-A round of financing worth 20 million RMB. This round of financing was jointly participated in by industrial capital and new consumer funds. The funds will be mainly used for the continuous R & D iteration of its core product - the "in - car immersive entertainment operating system", the construction of a high - quality content ecosystem, and market expansion.

AI Map

Jensen Huang Appears in Beijing, and the H20 Ban is Lifted.

Compiled | Xiaoguo