Krypton Evening News: Three Squirrels establishes a venture capital company with a registered capital of 100 million yuan; SF Express is reportedly going to be listed in Hong Kong on November 27, raising 1 billion US dollars; New H3C releases more than ten new computing products including a heterogeneous computing power platform.
Big Companies:
Tims Good Coffee Opens Its 1000th Store in Shanghai
36Kr learned that on October 25, 2024, the Chinese business of the global coffee chain brand Tim Hortons announced that Tims Good Coffee's 1000th store opened in Shanghai. It is understood that Tims Good Coffee has entered 71 cities in China, opened 1000 stores, and accumulated more than 23 million members.
Alipay Establishes a New Medical and Health Technology Company in Hangzhou
36Kr learned that according to the Aiqicha App, recently, Anzher (Hangzhou) Medical and Health Technology Co., Ltd. was established, with Zhang Junjie as the legal representative and a registered capital of 1 million Chinese yuan. The business scope includes the wholesale and retail of computer software and hardware and auxiliary equipment, information technology consulting services, electronic product sales, sales of hygiene products and disposable medical supplies, and the retail of protective equipment for medical staff. The equity penetration map shows that the company is wholly owned by Ant Yikang (Guangzhou) Information Technology Co., Ltd., which is a wholly-owned subsidiary of Alipay (Hangzhou) Information Technology Co., Ltd.
36Kr learned that on the afternoon of October 24, the fifth-anniversary forum of the Xiaomi Public Welfare Foundation was held in Xiaomi Science and Technology Park in Beijing. Lei Jun, the director of the Xiaomi Public Welfare Foundation and the founder, chairman, and CEO of Xiaomi Group, introduced at the forum that the Xiaomi Public Welfare Foundation was initiated by the donation of Xiaomi Group in 2019. After five years of exploration and development, the Xiaomi Public Welfare Foundation has established three main directions: "Technological Innovation", "Talent Cultivation", and "Relief for Those in Distress". Focusing on these three directions, as of September 30, 2024, the Xiaomi Public Welfare Foundation has accumulated a donation expenditure of 650 million yuan, and the planned donation amount in the future will reach 1.89 billion yuan.
Three Squirrels Establishes a Venture Capital Company with a Registered Capital of 100 Million Yuan
36Kr learned that according to the Aiqicha App, recently, Anhui Yijianshi Venture Capital Co., Ltd. was established, with Pan Daowei as the legal representative and a registered capital of 100 million yuan. The business scope includes venture capital, investment activities with its own funds, asset management services with its own funds for investment, etc. Shareholder information shows that the company is wholly owned by Three Squirrels.
36Kr learned that according to the website of the central bank, on October 25, the People's Bank of China held a work conference on the online trial operation of the National Credit Information Sharing Platform for the Capital Flow of Small, Medium, and Micro Enterprises (hereinafter referred to as the Capital Flow Information Platform). The meeting pointed out that the construction of the Capital Flow Information Platform is an active exploration and new practice of the People's Bank of China to implement the decisions and arrangements of the Party Central Committee and the State Council, establish and improve the interconnection mechanism of credit information for small, medium, and micro enterprises, explore the sharing and application of bank capital flow credit information, do a good job in the "five major articles" of finance, and further support the precise and direct access of credit funds to small, medium, and micro enterprises. The Capital Flow Information Platform was launched for trial operation on October 25.
36Kr learned that recently, Vivo and Alibaba's relevant R & D team jointly launched the industry's first H.266 mobile phone software decoding heterogeneous optimization solution. Based on Alibaba's self-developed decoder Ali266, it achieves a 13% reduction in power consumption and a 12% increase in decoding speed in the high-definition video playback scenario. This solution has been first implemented in the vivo X200 series flagship phones. This is the first time that a mainstream mobile phone manufacturer has deeply supported H.266 decoding, providing an effective practical path for the comprehensive adaptation and support of the H.266 standard by smart phones, which will accelerate the popularization of the H.266 standard.
Investment and Financing:
SF Express Reportedly to List in Hong Kong on November 27, Raising $1 Billion
According to foreign media reports, sources said that SF Express plans to conduct a secondary listing in Hong Kong at the end of next month and is expected to raise about $1 billion. Sources revealed that the listing is scheduled for November 27 this year. The industry believes that this marks that SF Express will further strengthen its position in the international capital market and provide strong financial support for its future growth and development. It is understood that on June 28 this year, SF Holding submitted a listing application to the Hong Kong Stock Exchange. Once the news came out, it immediately attracted attention. SF Express said that the goal of listing in Hong Kong is to build an international platform and promote the internationalization strategy, and this goal has never changed. (Global Times)
"Deli Intelligent Warehouse" Receives Tens of Millions of Yuan in Financing from Jinyumaowu
36Kr learned that "Deli Intelligent Warehouse" recently completed the first round of financing of tens of millions of yuan. The investor in this round is Jinyumaowu, and Suzhou Zhongchuang Yunji serves as the exclusive financial advisor. The financing funds will be mainly used for product research and development, technological iteration, and global market expansion, to promote the products and solutions of Deli in more manufacturing warehouse scenarios and more overseas countries.
"Liangjiang Zhizao" Completes a Pre-A Round Financing of Tens of Millions of Yuan
36Kr learned that recently, "Liangjiang Zhizao" completed a Pre-A round financing of tens of millions of yuan. This round of financing is led by Xiangfeng Investment, with Huaye Tiancheng Capital and the old shareholder Jiuhe Ventures following the investment, and Yiren Capital serving as the exclusive financial advisor for this round of financing. This round of funds will be mainly used for core technology research and development, market brand building, marketing channel construction, and overseas business expansion.
"Fengwu Technology" Completes a Series A+ Financing of Tens of Millions of Yuan
36Kr learned that recently, "Fengwu Technology" announced the completion of a Series A + financing of tens of millions of yuan, introducing the domestic equity investment institution Yuanhe Chenkun Jinggu Capital. This round of financing will be used for the product technology research and development and delivery operation of Zhuhai Hengqin Qingyue Siyuan Technology Co., Ltd. under Fengwu Technology, to further develop the Ai intelligent property management system capabilities. It is introduced that Fengwu Technology is committed to providing the full life cycle of technology empowerment and intelligent operation services for the Chinese real estate industry.
New Products:
New H3C Releases More than Ten New Computing Products Such as Heterogeneous Computing Platform
36Kr learned that New H3C has released more than ten new intelligent computing products such as the "H3C UniServer G7 Series" of the multi-heterogeneous computing platform and the "H3C UniStor Polaris X20000 Series" of the next-generation AI data storage platform. It is introduced that the New H3C multi-heterogeneous computing platform relies on the AI-oriented evolvable architecture, the endogenously AI operating system and management center, and the AGI multi-computing power system to provide stronger computing power support for large model training.
Today's Views:
Capital Securities: The Demand for Pork Consumption is Expected to Improve
36Kr learned that the research report of Capital Securities pointed out that the recent continuous decline in pork prices is mainly caused by multiple negative factors. From the supply side, the daily pressure of large-scale breeding farms to list is relatively large. Although some farms reduce the volume as the pork price falls, it is difficult to sustain the reduced listing due to the poor completion of the monthly listing target; Due to the continuous decline in pork prices, the secondary fattening merchants show a cautious attitude, and the supply of live pigs in the market increases. From the demand side, the speed of white-striped pork in the market is relatively slow, and slaughtering enterprises have a significant price reduction. With the drop in temperature in many places, the demand for pork consumption is expected to improve.
Jiazi Lightyear Releases an AI Code Briefing, AI + Code Becomes an Important Driver for Business
36Kr learned that on October 24, Jiazi Lightyear released the "2024 AI Code Platform and Product Development Briefing". The report discusses the changes in the current AI + code field, showcases the recent technological breakthroughs, and judges the future industry trends. The AI code tool - DevPilot independently developed by Zhongan Insurance is included as a pioneer of AI + code. The report points out that the "AI + code" working method has become the mainstream. Developers can use AI code technology to solve various problems in the development cycle, thereby improving product quality and user experience.
Other News Worth Paying Attention to:
36Kr learned that according to the website of the CSRC, on October 23, Wu Qing, Chairman of the China Securities Regulatory Commission, met with Loh Boon Chye, Chairman of the Board of the World Federation of Exchanges (WFE) and CEO of the Singapore Exchange, in Beijing. The two sides mainly exchanged views on strengthening cooperation between Asian and international exchanges and other topics.
Today, at a relevant meeting of the China Internet Finance Association, Lei Zhaoming from the Internet Financial Regulatory Department of the People's Bank of China said that the People's Bank of China is leading the drafting of an action plan to promote the high-quality development of digital finance. Taking strengthening the application of data norms for data security in the financial field as an important content, it proposes to enhance the operation and management capabilities of data assets, strengthen data mining analysis and data visualization, and improve data security management. (Caixin)
The Central Banks of China and Japan Renew the Bilateral Local Currency Swap Agreement
36Kr learned that according to the website of the central bank, with the approval of the State Council, the People's Bank of China and the Bank of Japan recently renewed the bilateral local currency swap agreement. The swap scale remains unchanged, which is 200 billion yuan / 3.4 trillion yen. The agreement is valid for three years and can be extended with the consent of both parties. The renewal of the bilateral local currency swap agreement between China and Japan will help maintain the financial stability of the two countries and support the development of bilateral economic and financial activities.