9:00 am, 1st Krypton | Auto critic Chen Zhen investigated for tax evasion, case details exposed; New national standard for food delivery: Riders must take a 20-minute break after continuous orders for over 4 hours; Wang Chuanfu responds to BYD's domestic sales decline
Today's Hot News Guide
Some banks have raised deposit interest rates.
Meituan, JD Daojia, and Taobao Flash Delivery have issued statements.
The three major airlines: Free ticket refund and change policies for China - Japan routes have been extended until March 28 next year.
Tastin: The online data on store openings and closures is seriously inaccurate. The number of closed stores from January to November is 67.
Pangdonglai has registered trademarks such as "Donglaige" for clothing, shoes, and hats.
Top 3 Big News
Details of Chen Zhen's tax evasion case exposed: He established a shell studio and declared an annual comprehensive income of only over 1 million yuan.
On December 5, Chen Zhen, an online car reviewer, attracted wide attention due to his tax evasion case and being banned from speaking across the network. Subsequently, the details of Chen Zhen's tax evasion case were also made public. According to CCTV News, from 2021 to 2023, Chen Zhen declared an annual comprehensive income of only over 1 million yuan, which was seriously inconsistent with his online popularity. When the tax inspection department first interviewed Chen Zhen about his income, he claimed that he had completed the self - inspection and tax payment for previous years. The inspectors legally obtained the fund transfer information of all Chen Zhen's bank accounts and third - party payment platforms and found that he had withdrawn advertising labor remuneration transferred from a certain online video platform through a third - party payment platform, with a cumulative amount of 1.5725 million yuan, and he did not declare and pay taxes.
An in - depth investigation found that in 2022, Chen Zhen established a personal cultural and creative studio and declared and paid personal income tax according to the production and business income of individual industrial and commercial households. However, the studio had no actual office space and no employees. The so - called production and business income was actually the labor remuneration he obtained from his platform account. In the face of a complete chain of evidence, Chen Zhen finally admitted the illegal facts and actively cooperated by providing complete bank statements and transaction records. Recently, the tax department made a decision to recover the tax, add late - payment fines, and impose a penalty on Chen Zhen, totaling 2.4748 million yuan. All the above funds have been recovered and deposited into the treasury. (CCTV News, Jiemian News)
New national standard for takeaways: Riders must pause order dispatching for 20 minutes after continuously taking orders for more than 4 hours.
In response to problems in the takeaway industry in recent years, such as "ghost takeaways", irrational competition, and insufficient protection of the rights and interests of takeaway delivery riders, the State Administration for Market Regulation recently issued the recommended national standard "Basic Requirements for Takeaway Platform Service Management". The new national standard clearly limits the working hours of delivery riders: In principle, the daily order - taking duration should not exceed 8 hours. After reaching 8 hours, riders need to confirm before continuing to take orders; a fatigue reminder should be issued and order dispatching should be paused for 20 minutes after continuously taking orders for more than 4 hours. Platforms should not force or indirectly force riders to work overtime through algorithm optimization, order - rushing rewards, etc.
At the same time, the standard requires platforms to optimize the dispatching algorithm, considering multiple factors such as road conditions, weather, and merchant meal preparation time, to avoid squeezing the delivery time due to an unreasonable algorithm. If a merchant fails to prepare the meal on time, the system should extend the order time and allow riders to transfer the order for free or cancel the order without liability. The calculation of delivery duration should comply with the safe speed limit, and the average speed of electric bicycles should not exceed 15 kilometers per hour. (Beijing News)
BYD's domestic sales decline, and Wang Chuanfu gives the latest response.
On December 5, BYD held an extraordinary general meeting of shareholders in Pingshan, Shenzhen. At the meeting, Wang Chuanfu, the chairman and president of BYD, said that BYD's domestic sales have declined this year. On the one hand, BYD's current technological leadership is not as strong as in previous years, and the market's amazement at its technological achievements has decreased. Coupled with the increasing homogenization in the industry, this change conforms to the cyclical law of product and technology development. On the other hand, pain points in user needs, such as slow charging speed at low temperatures, also urgently need to be solved through technological breakthroughs. "The reason I say the current technology is not leading enough is that there will be major technological releases later, but it's not convenient to disclose them at present," Wang Chuanfu said. BYD's core competitiveness lies in technology, and the company's team of 120,000 engineers is the key confidence and support for the company's subsequent technological breakthroughs and the restoration of its leading edge. (China Securities Journal)
Big Companies/Big Events
Tastin: The online data on store openings and closures is seriously inaccurate. The number of closed stores from January to November is 67.
36Kr learned that on December 5, Tastin issued a statement: In recent media reports on the brand's franchise data, the store opening and closing data of Tastin from "Jihai Brand Monitoring" was cited, and this data is seriously inaccurate. As of the end of November 2025, Tastin has 11,124 stores in operation. From January to November 2025, the number of closed stores is 67, and the number of relocated stores is 238. This third - party data monitoring platform never communicated or verified with the brand before releasing the data. Thanks to the media for their continuous attention to Tastin. Tastin reserves the right to pursue legal liability for the act of "Jihai Brand Monitoring" and other third - party platforms in releasing inaccurate data.
Hangzhou Wahaha Group Co., Ltd., with Zong Fuli as its president, becomes a defendant, and the court session is on December 11.
On December 5, a reporter from Yicai noticed that public information shows that Hangzhou Wahaha Group Co., Ltd. (referred to as "Hangzhou Wahaha Group") has a new court session announcement. Hangzhou Wahaha Group is the defendant, and the plaintiff is Mr. Zhao. The case is a labor dispute. The case will be heard on December 11. Currently, the case is in the first instance of civil litigation. Zong Fuli is currently the president of Hangzhou Wahaha Group. On September 12, Zong Fuli officially submitted a resignation application to Hangzhou Wahaha Group, resigning from core positions such as the company's legal representative, director, and chairman. (Yicai)
Meituan, JD Daojia, and Taobao Flash Delivery have issued statements.
Recently, Meituan, JD Daojia, and Taobao Flash Delivery respectively issued statements on implementing the recommended national standard "Basic Requirements for Takeaway Platform Service Management":
They will voluntarily implement the national standard "Basic Requirements for Takeaway Platform Service Management", integrate the standard requirements into the platform's operation management and service processes, continuously optimize platform rules, improve the service management level of merchants and delivery riders, enhance the consumer experience, and safeguard the rights and interests of delivery riders, consumers, and merchants. (Caixin)
Pangdonglai recruits experts under 50 years old with an annual salary of 1 million yuan.
On December 5, Pangdonglai officially released recruitment information for top - notch talents in professional fields. The article said that Pangdonglai is recruiting top - notch talents in professional fields such as cultural research, human resources, product development, and quality management. The age requirement is under 50 years old (including 50 years old). The treatment includes paid leave of no less than 60 days and an annual salary of no less than 1 million yuan. (Blue Whale News)
Damai International App is launched globally.
36Kr learned that Damai International, a global performance service platform, has launched an independent App, which has been listed on the Apple App Store in various regions around the world. It is understood that the Damai International App continues the functions and experience of the official website, supports multi - language browsing in simplified Chinese, traditional Chinese, English, Japanese, Korean, etc., and is connected to the Alipay global payment network, providing options for multiple payment methods and multi - currency payments.
Yadea apologizes, and the customer service responds that the controversial electric vehicle has been taken off the shelves.
On December 5, Yadea issued a statement about its new national standard models: Recently, netizens have closely followed the problems of our company's "Maodou" new national standard model, such as "unable to carry children" and "lack of storage space", which has even led to doubts about the new national standard and management policies. In fact, these are not the provisions of the new national standard but inaccurate understandings of the implementation requirements. Our company's models have different versions, aiming to provide precise travel solutions for different usage scenarios and groups of people.
The currently launched model is the "single - person commuting version", which mainly serves the daily single - person commuting group and focuses on meeting basic travel needs. In addition, the same series of products also include the "fashion version" and the "parent - child mom version", which are respectively optimized in terms of styling design, riding experience, safety, and practicality to cover more user groups and will be launched one after another in the future. However, there was a lack of effective connection in the launch rhythm of different versions before, and there were also some inadequate considerations in the vehicle design, which brought inconvenience and trouble to consumers who have been looking forward to different needs. We deeply apologize for this.
When asking the customer service about the "controversy over Yadea's new national standard electric vehicles", the customer service of Yadea's official flagship store responded that the controversial electric vehicle model has been temporarily taken off the shelves, and no notice of restocking has been received. It is not clear whether it is still on sale in offline stores. When asked whether the model was taken off the shelves because of too many complaints, the customer service did not respond directly but only replied with a smiling - crying expression. (Sina Technology, Sohu Technology)
Pangdonglai has registered trademarks such as "Donglaige" for clothing, shoes, and hats.
36Kr learned that on December 4, at the Xuchang Pangdonglai Life Plaza, there was a continuous stream of customers who came specifically to buy down jackets. According to the Aiqicha App, Xuchang Pangdonglai Trading Group Co., Ltd. has successfully registered more than 20 trademarks for clothing, shoes, and hats, such as "Donglaige", "June Risingsun", and "Freedom · Love".
People familiar with the matter: The brand update of Ele.me will not affect the organizational structure.
After the "Ele.me" App is updated to the latest version, it will be completely refreshed as "Taobao Flash Delivery" and will be more deeply integrated into Alibaba Group's "big consumer platform" strategy. Will there be any adjustments to the organizational structure of the Ele.me team? Will the functions it undertakes change? In response, people familiar with the matter said: "This brand update will not affect the organizational structure." (The Paper)
Some banks have raised deposit interest rates.
"Our bank has raised the deposit interest rate. The 3 - year fixed - deposit interest rate for new funds of 200,000 yuan or more is 1.9%, and the 3 - year fixed - deposit interest rate for non - new funds of 200,000 yuan or more is 1.8%; the 3 - year fixed - deposit interest rate for 50,000 yuan or more is 1.75%, the 2 - year fixed - deposit interest rate for 50,000 yuan or more is 1.6%, and the 1 - year fixed - deposit interest rate for 50,000 yuan or more is 1.5%," a customer service manager of a branch of Bank of Hangzhou in Dongcheng District, Beijing, told reporters. The customer service manager said that the 3 - year fixed - deposit interest rate for new funds of 200,000 yuan or more has been raised by 10 basis points compared with the previous rate and will be implemented from December. Reporters' investigations found that, similar to Bank of Hangzhou, Bank of Ningbo and Shengjing Bank have also raised the interest rates of some deposit products recently. Industry insiders believe that some banks' raising of deposit interest rates is a phased measure to attract deposits. (China Securities Taurus)
The three major airlines: Free ticket refund and change policies for China - Japan routes have been extended until March 28 next year.
Air China, China Eastern Airlines, and China Southern Airlines have successively issued notices on the special handling of tickets for Japan - related routes. Passengers traveling before March 28, 2026 (inclusive) on flights entering, leaving, or transiting through Japan can get free ticket refunds and changes. Previously, the free ticket refund and change policy ended on December 31, 2025. (Yicai)
Netflix will acquire the film and television studio and streaming business of Warner Bros. at a price of $27.75 per share.
On December 5, Netflix issued a statement saying that it has reached a final deal to acquire the film and television studio and streaming business of Warner Bros. Discovery in a cash - and - stock transaction at a price of $27.75 per share, with an overall enterprise valuation of approximately $82.7 billion (equity value of $72 billion). The transaction is expected to be completed after Warner Bros. Discovery completes the spin - off of its global network business unit, Discovery Global. It is currently expected to be completed in the third quarter of 2026. (Jiemian News)