36氪_让一部分人先看到未来

In four provinces including Shanghai, Zhejiang, Jiangsu and Shandong, it is clearly stipulated that the age limit for some recruitment conditions has been relaxed to 40 years old.

TOP3 Big News

Many provinces have clarified that the age limit for recruiting civil servants in some positions has been relaxed to 40 years old

With the vigorous registration for the 2025 provincial-level government agencies (units) civil service examination, recently, six provinces including Sichuan, Shanghai, Zhejiang, Shandong, Tianjin, and Jiangsu have successively released the provincial examination announcements, marking the official launch of a new round of public official selection. In this provincial examination, the recruitment plans of many provinces are inclined towards fresh college graduates and the grassroots frontline. Four provinces including Shanghai, Zhejiang, Jiangsu, and Shandong have clearly stated that the age limit for some recruitment conditions has been relaxed to 40 years old.

From the perspective of specific policies, the practices in places such as Zhejiang and Shanghai are particularly noticeable. Zhejiang clearly stipulates that for fresh graduates with a master's degree or above, those applying for positions in township (sub-district) agencies for outstanding village cadres, and the current heads of the village "Two Committees", the age can be relaxed to 40 years old. Shanghai's age relaxation policy for fresh master's and doctoral students, as well as the special considerations for applying for full-time cadre positions in the labor union and women's federation system in the specialized agencies of the workers, youth, and women's federations, also reflects the flexibility and inclusiveness of talent selection. (Qianjiang Evening News)

Alipay Responds to "Huabei Deducted Successfully but Bill Not Cleared"

On November 11, many netizens reported encountering abnormal Alipay services, unable to make payments, with messages such as "Payment Failed", "Transaction Creation Failed", and "Service Exception" displayed when making payments. Some netizens claimed that there were issues such as Yu'E Bao withdrawals not arriving in the account, and Huabei repayments being deducted successfully but the bills not being cleared.

In response, the official Alipay response stated: Due to a local failure in the system message database, the payment functions of some users were affected. This failure will not affect the users' fund security, and the failure has been repaired as of 10:50 am. We sincerely apologize for the inconvenience caused to you. (Sina Technology)

Bitcoin Surpasses $88,000, with a Total Market Capitalization Exceeding $1.72 Trillion

At 8 p.m. on November 10, Bitcoin reached the $80,000 mark, setting a new historical high price record. Regarding ETFs, the coinglass website shows that the Bitcoin spot ETF has seen a continuous net inflow. On November 6, the total net inflow was $622 million, on the 7th, the net inflow reached $1.359 billion, and on the 8th, the net inflow was $292 million. Similarly, the Ethereum spot ETF has also shown a continuous net inflow in the last three trading days, with net inflows of $52.3 million, $79.7 million, and $85.9 million respectively. On November 12, Bitcoin broke through $88,000, continuing to set a new high, rising by more than $7,500 or 9.5% within 24 hours, with a total market capitalization exceeding $1.72 trillion. (Jiemian News, Cai Lian She)

Big Companies / Major Events

"Hairstylist Xiaohua" Boosts Huaihua City's Consumption by 120 Million Yuan, with Over 200,000 Visitors in 7 Days

Recently, "Hairstylist Xiaohua" has quickly become popular on the Internet due to his sincere service. The location of his barbershop, Changnipopo Village, Chengnan Street, Hecheng District, Huaihua City, Hunan Province, has become an internet-famous check-in place. In just 7 days, netizens from all over the country have come in a continuous stream, with a cumulative visitor flow of more than 200,000 people. The Commerce Department of Huaihua City promptly took action, organizing the local "Huai Xiaochuang" live-streaming team to fully promote consumption. It has driven on-site consumption of over 20 million yuan and the city's consumption of 120 million yuan. (Qilu Evening News)

The 7th China International Import Expo Concludes in Shanghai with Intended Deal Amount Exceeding 80 Billion US Dollars

On November 10, the 7th China International Import Expo concluded in Shanghai. It is learned that the transactions at this expo were active. The intended transaction amount calculated on an annual basis was 80.01 billion US dollars, an increase of 2.0% compared with the previous session. The enterprise exhibition of this expo continued to maintain an ultra-large scale of 360,000 square meters. A total of 3,496 exhibitors from 129 countries and regions participated, and 186 enterprises and institutions became "full-attendance students" for the seventh session. Among them, 297 were Fortune Global 500 companies and industry leaders, reaching a historical high. (Securities Times)

Tesla Achieves the Largest Five-Day Gain in Four Years

On Monday, November 11 (Eastern Time), the three major U.S. stock indexes closed higher collectively. The Dow Jones Industrial Average rose by 0.69%, the S&P 500 Index increased by 0.1%, and the Nasdaq Composite Index climbed by 0.06%; all continued to set new historical highs. Popular technology stocks had mixed performances. Tesla rose nearly 9%, achieving the largest five-day gain in four years. Its market value increased by $92.3 billion (approximately 667.2 billion yuan) overnight, with a total market value of $1.12 trillion, rising to the seventh position in U.S. stocks. Since the close on November 4, Tesla has soared by 44.25% in five trading days. (Daily Economic News)

South Korea's Ski Tourism Industry Faces Challenges: Skiing Population Drops by Over 40%

According to a report by The Korea Times on the 9th, affected by factors such as the decrease in the number of skiers and climate change, South Korea's ski tourism industry is currently facing operational difficulties. It is expected that during the upcoming ski season, the number of ski resorts open to the public in South Korea will significantly decrease. One of the main reasons for the closure of ski resorts is the reduction in the number of tourists. Statistical data shows that during the 2011 - 2012 ski season, the number of tourists at South Korean ski resorts exceeded 6.8 million. Subsequently, the number of skiers began to decline. In the 2021 - 2022 ski season, the number of skiers dropped sharply to approximately 3.8 million, a decrease of more than 40% within ten years. Another key reason is the warming of winters caused by climate change. (CCTV Finance)

LG Energy Solution is said to have reached an agreement with SpaceX and is developing batteries for the Starship.

It is reported that informed sources said that LG Energy Solution has reached an agreement with SpaceX and has begun to develop cylindrical lithium-ion batteries for the power supply and auxiliary power unit of the latter's next-generation heavy-lift launch vehicle, the Starship. (Jiemian News)

In October, the lending rate remained at a historically low level, and the growth of personal housing loans improved

It is learned from the People's Bank of China that the weighted average interest rate of newly issued enterprise loans in October was about 3.5%; the newly issued personal housing loan interest rate was about 3.15%, both at historically low levels. In addition, the scale of personal housing loans stabilized in October, which was significantly better than the average monthly reduction of 69 billion yuan in the first 9 months, and also better than the level in the same period of the previous two years. It shows that the growth of personal housing loans has improved. (CCTV News)

The Ministry of Education: Kindergartens cannot be listed as enterprise assets in domestic and overseas markets.

36Kr learned that according to the website of the Ministry of Education, the person in charge of the relevant departments of the Ministry of Education answered reporters' questions about the relevant issues of the "Pre-school Education Law of the People's Republic of China". The relevant person in charge said that in terms of holding restrictions, it is stipulated that no unit or individual may use financial funds, state-owned assets, collective assets or donated assets to hold or participate in holding for-profit private kindergartens. Public kindergartens cannot be transformed into private kindergartens. Social capital cannot control public kindergartens and non-profit private kindergartens through mergers and acquisitions, and kindergartens cannot be listed as enterprise assets in domestic and overseas markets.

Faraday X Appoints Ma Xiao as Global CEO

On November 11, according to Faraday Future, Faraday X appoints Ma Xiao as the Global CEO. Ma Xiao will be responsible for implementing the FX strategy and fully promoting the success of the FX brand. It is reported that FF and FX have established cooperative relationships with four Chinese OEMs, signed two strategic framework agreements and two memorandums of understanding, and have made significant progress recently. (Jiemian News)

Kong Fuli Takes Over Three Companies Under Wahaha Group Again

36Kr learned that the Aiqicha App shows that recently, Hangzhou Wahaha Precision Machinery Co., Ltd., Hangzhou Wahaha Lewei Food Co., Ltd., and Hangzhou Wahaha Hongzhen Biotechnology Co., Ltd. have undergone industrial and commercial changes. Zong Qinghou stepped down as the legal representative and chairman of the above-mentioned companies. Kong Fuli was appointed as a director, and Zhu Lidan was appointed as the legal representative and manager. At the same time, many key personnel have also changed. Recently, Zong Qinghou has stepped down from several companies under Wahaha, including Chengdu Wahaha Changsheng Food Co., Ltd., Chengdu Wahaha Changsheng Beverage Co., Ltd., Nanjing Wahaha Hongzhen Drinking Water Co., Ltd., etc.

BMW will invest 65 billion won in South Korea to expand the parts logistics center

The South Korean branch of BMW Group stated that by 2027, it will invest 65 billion won (approximately 340 million yuan) in the Ansung Regional Distribution Center (RDC) to expand the total area of the park to 1.5 times its current size. BMW Korea invested 130 billion won to build the Ansung Regional Distribution Center in 2017. If the newly announced investment plan is included, the company's cumulative investment in this logistics center will reach 195 billion won. (Caixin News Agency)

Haoyue Care: The company plans to acquire 100% equity of Sibao Care for 360 million yuan

36Kr has learned that Haoyue Care announced that the company, together with Sibao Co., Ltd., Liang Liangsheng and Sibao Care, jointly signed the "Equity Transfer Agreement", stipulating that the company will acquire 100% equity of Sibao Care held by Sibao Co., Ltd., and the transaction price is 360 million yuan. After the completion of this transaction, the company will hold 100% equity of Sibao Care. This transaction does not constitute a related transaction or a major asset reorganization. The equity transfer matter still needs the relevant parties to complete the transfer procedures of the target equity in accordance with the agreement. Whether it can be successfully implemented in the end is still uncertain.

GEM: Sign a Cooperation Agreement with Vale Indonesia to Jointly Develop Nickel Resources and Build an HPAL Plant

36Kr learned that GEM announced that on November 10, 2024, the company and PT Vale Indonesia Tbk jointly signed a project investment cooperation framework agreement witnessed by the President of Indonesia. The two sides will build a nickel resource high-pressure acid leaching green smelter and its supporting infrastructure in Central Sulawesi Province, Indonesia. Part of the nickel ore from a mining area of PTVI will be processed into a mixed hydroxide precipitate product (MHP) containing nickel and cobalt that meets market standard specifications. The target production capacity is 66,000 tons of nickel content in MHP per year, and the positive consideration is given to the development of a cathode and precursor plant (downstream plant).

ST Baili: Received a Regulatory Work Letter from the Shanghai Stock Exchange

36Kr learned that ST Baili announced that it received a regulatory work letter from the Shanghai Stock Exchange. The balance of funds non-operatingly occupied by the company's actual controller, Wang Hairong, is 132 million yuan, which has reached 24.46% of the absolute value of the company's latest audited net assets. The Shanghai Stock Exchange requires the actual controller to immediately rectify and repay the non-operational funds occupied in full as soon as possible.

Jingwei Shares: Establishing a New Lithium Battery Company

36Kr has learned that Jingwei Shares announced that the company held the 13th meeting of the 6th Board of Directors on November 11, 2024, and the "Motion on the Company's Establishment of a New Lithium Battery Company" was reviewed and approved. According to the company's development plan, the company has invested in the construction of a lithium battery project. Currently, the technical verification has been completed, and the project construction has reached the expected goals. In order to improve management efficiency and business accounting, the company has separated the lithium battery project from the Lithium Battery Division of Qinhuangdao WeiKaWei Auto Parts Co., Ltd. and jointly established a new company, "Qinhuangdao Titanium Lithium New Energy Co., Ltd." with Qinhuangdao WeiKaWei. The registered capital of the new company is 100 million yuan. The company subscribes to contribute 20 million yuan, accounting for 20% of the registered capital, and Qinhuangdao WeiKaWei subscribes to contribute 80 million yuan, accounting for 80% of the registered capital.

Ideal Auto Establishes a New Sales and Service Company in Yan'an

36Kr has learned that the Aiqicha App shows that recently, Yan'an Ideal Zhizao Automobile Sales and Service Co., Ltd. was established. The legal representative is Nie Maolin, with a registered capital of 1 million Chinese yuan. The business scope includes automobile sales, second-hand car brokerage, information consultation services, retail of automotive parts, operation of electric vehicle charging infrastructure, chauffeur service, ticket agency services, and sales of charging piles, etc. Shareholder information shows that the company is wholly owned by Beijing Liding Automobile Sales Co., Ltd., which is a wholly-owned subsidiary of Leading Ideal HK Limited under Ideal Auto.

Galaxy Securities: The securities industry shows performance elasticity, and the recovery momentum may continue

36Kr learned that the research report of Galaxy Securities pointed out that under the promotion of a series of policy combinations, the confidence of investors in China's capital market has been continuously restored, the trading activity has continued to increase, and the prosperity of the securities industry has returned to the upward channel. The continuation of a relatively loose liquidity environment, the continuous optimization of the capital market environment, the reshaping of investor confidence, and other factors jointly promote the improvement of the industry's profit expectations. It is expected that listed securities companies will continue to show performance elasticity in the fourth quarter. Three types of targets in the sector are favored: First, the leading securities companies with strong comprehensive strength; second, the securities companies that are expected to enhance their core competitiveness through mergers and acquisitions; and third, the securities companies with a better digital transformation and development.

Airbus predicts that China will need more than 9,500 new aircraft by 2043

36Kr learned that Airbus predicts that in the next 20 years, China will need more than 9,500 (9,520) new passenger and cargo aircraft, accounting for more than 20% of the global total demand during the same period. The world will need 42,430 new aircraft in the next 20 years. Airbus predicts that the new aircraft delivered to China will include 7,950 single-aisle aircraft represented by the A220 and A320 series, and 1,570 wide-body aircraft represented by the A330neo and A350 aircraft (including 190 new cargo aircraft). Nearly 75% of the aircraft will be used to support the fleet expansion, and 25% will replace existing aircraft.

Several banks increase the quick payment limit of third-party payment platforms, and the industry expects more banks to follow suit

In recent months, several banks have announced that they will increase the quick payment transaction limit for Alipay or Tenpay. Some banks have increased the single transaction limit to 4 times the original amount, up to 200,000 yuan; the monthly cumulative limit has been increased to 10 times the original amount, up to 6 million yuan. Mobile payment will be able to handle large-scale consumption scenarios more easily. It is worth noting that the "quick payment" mentioned above refers to binding the bank card to the user's commonly used third-party payment App for payment, making the payment more efficient and convenient. The increase in the quick payment limit by banks is also considered by the industry as an important measure to stimulate customers' consumption willingness, and it is also expected to drive further growth in the bank's transaction scale and transaction frequency, etc. (Everyday Economic News)

Part of the Central Fiscal Budget for Subsidy Funds for Urban Affordable Housing Projects in 2025 Has Been Advanced

The Ministry of Finance recently issued a notice, advancing the allocation of a budget of 56.6 billion yuan for part of the central fiscal subsidy funds for urban affordable housing projects in 2025. Among them, the budget for housing security is 11.9 billion yuan, the budget for village-in-city renovation is 10 billion yuan, the budget for the renovation of old residential areas is 33.2 billion yuan, and the budget for the renovation of shantytowns (urban dilapidated houses) is 1.5 billion yuan. (CCTV News)

The Forefront of AI

ByteDance's General Image Editing Model SeedEdit Starts Testing

36Kr learned that on November 11, ByteDance announced the latest general image editing model SeedEdit on the official website of the Doubao Model Team. It is understood that SeedEdit supports effortless image editing with a single sentence, including various editing operations such as image retouching, outfit changing, beautification, style transformation, and adding or deleting elements in a specified area. The model can be driven to edit any image through simple natural language. Currently, the model has started testing on the Doubao PC client and the Jimeng web page.

Big Company Financial Reports

Leapmotor: Revenue in the Third Quarter Reaches 9.86 Billion Yuan, with a Year-on-Year Growth of 74.3%

36Kr has learned that Leapmotor has released its third-quarter financial report. The report shows that the company's operating income in the third quarter was 9.86 billion yuan, with a year-on-year growth of 74.3%; the delivery volume reached 86,165 units, with a year-on-year growth of 94.4%; the operating cash flow was 1.96 billion yuan, and the free cash flow was 1.32 billion yuan. In terms of gross profit margin, thanks to the optimization of the sales structure, continuous cost control, and the scale effect brought about by the increase in sales, Leapmotor's gross profit margin in the third quarter of 2024 was 8.1%, showing significant improvement both year-on-year and quarter-on-quarter. It is understood that the company expects that the operating cash flow and free cash flow in the fourth quarter will continue to be positive and develop in a better direction, and the gross profit in the fourth quarter will also be further improved.

COSMAX: Revenue in the Third Quarter Increased by 15.6% Year-on-Year

COSMAX, a cosmetics design and manufacturing (ODM) company, released its third-quarter financial report on November 11. It shows that the consolidated operating income reached 529.8 billion Korean won (approximately 2.7 billion yuan), an increase of 15.6% year-on-year; the operating profit was 43.4 billion Korean won, an increase of 30.4% year-on-year. The cumulative operating income in the first three quarters of this year reached 1.6081 trillion Korean won, setting a new historical high for the company's cosmetics business. (Caixin)

Investment and Financing

"Keli Oral English" Completes Millions of Yuan Angel Round Financing

36Kr learned that the AI oral English learning software "Keli Oral English" has recently completed an angel round financing of millions of yuan. The investors are Jiacheng Capital and Yuanhe Capital. Yuanhe Capital serves as the exclusive financial advisor for this round and subsequent financings. The funds from this round of financing will be mainly used for team expansion, core technology research and development, and market promotion.

"BioLegend" Completes a New Round of Financing Worth Hundreds of Millions of Yuan

36Kr has learned that "BioLegend" has announced the completion of a new round of strategic financing, with a total financing amount of hundreds of millions of RMB. This round of financing is led by Cathay Innovation, with Yahuì Investment, Haihe Kaileying Industrial Fund, Shenzhen Capital Group, Haiwang Capital, and Wanwu Venture Capital participating as co-investors. This financing will provide important financial support for BioLegend's market expansion and product research and development, further helping the company accelerate its market layout at home and abroad and the iteration of technological innovation.

Cool Products

The second-generation Vision Pro is likely to be launched in 2025.

Mark Gurman stated in the latest issue of the "Power On" newsletter that Apple's second-generation Apple Vision Pro is expected to be launched between the fall of 2025 and the spring of 2026. Analyst Ming-Chi Kuo recently pointed out that Apple has adjusted its head-mounted display product launch strategy, postponing the launch of the low-cost Apple Vision head-mounted display to after 2027. Currently, Apple is concentrating on developing the second-generation Apple Vision Pro. This strategic shift shows Apple's emphasis on the high-end head-mounted display market.

Gurman said that the second-generation Vision Pro may be similar to the existing model, and the main changes will be reflected in the internal hardware upgrade. At the same time, the Mac extended screen option launched by Apple in visionOS 2.2, including widescreen and ultra-widescreen display functions, may become the core application of Vision Pro, helping Apple maintain its advantage in the highly competitive market. (IT Home)

2024: The Most Brutal 618 and the Most Rational Double Eleven

The 618 in 2024 can be described as the most "brutal" one for platforms and merchants. None of the platforms, brands, or consumers are winners. Half a year later, has the Double Eleven in the e-commerce industry ushered in a turning point? What reflections will there be in the industry?

At 7 p.m. on November 12 (this Tuesday), the 36Kr live stream invited Ni Shu, a senior e-commerce expert and the host of the tech blog "Ni Shu's Thinking Dark Time", as well as Wei Shijie, the host of "Business Chat Jane's talk" and a media person, to join us to talk about the 2024 Double Eleven. Make an advance reservation to lock in.

Edited by | Wang Xinye