Krypton Evening News | Huawei will mass-produce the "one-stage end-to-end" intelligent driving next year and is mainly focusing on large models; Qunar: Reservations for Spring Festival travel routes have been initiated first, and it is cheaper to depart from new first-tier and second-tier cities; Xiaomi applies for the REDMI graphic trademark.

Big Companies:
 

Shennong Group: The company's revenue from pig sales in November was 407 million yuan

36Kr learned that Shennong Group issued an announcement that in November, the company sold 193,400 pigs (including 185,100 commercial pigs), with a sales revenue of 407 million yuan. In November, the price of the company's commercial pigs showed a downward trend. The average selling price of commercial pigs was 16.71 yuan per kilogram, a decrease of 4.3% compared to October 2024. From January to November 2024, the company sold a total of 2,059,900 pigs (including 1,923,400 commercial pigs), with a sales revenue of 4.091 billion yuan.
 Honor Applies for Multiple Magic Series Trademarks Such as Magic Zoom Image, etc.
36Kr learned that the Aiqicha App shows that recently, Honor Terminal Co., Ltd. has applied for the registration of multiple trademarks such as "Magic Zoom Image", "Magic Image", "Magic Heat Dissipation", "Magic Portrait", and "Magic Erase". The international classifications of the above trademarks are all scientific instruments, and the trademark statuses are all in the process of application for registration.

Sunny Optical Technology: In November, the shipment of mobile phone camera modules was 37.406 million units, a year-on-year decrease of 28.1%
36Kr learned that Sunny Optical Technology issued an announcement that the shipment of mobile phone lenses reached 111 million units in November, a year-on-year decrease of 5.6%; the shipment of mobile phone camera modules was 37.406 million units, a year-on-year decrease of 28.1%.

Huawei to Mass Produce "One-Step End-to-End" Intelligent Driving Next Year, Focusing on Large Models
Exclusive from 36Kr, the Intelligent Driving Product Line of Huawei's Vehicle BU has established a technical development department, which is parallel to technical departments such as perception and planning control. It is understood that this department is led by Li Guangfeng, an experienced veteran in the AR map business, and the team size is about 50 people, including two engineers who joined through Huawei's "Genius Youth" recruitment program, responsible for planning control and large model directions respectively. Some insiders speculate that this team will be responsible for the combination of end-to-end and large models, which will be a more cutting-edge direction for the evolution of intelligent driving technology. It is understood that the "one-step end-to-end" solution will be an important capability of Huawei's Intelligent Driving System ADS 4.0 version, which is expected to be launched next year.

SoftBank Group: Repurchased its own stocks worth 24.06 billion yen in November

SoftBank Group: Repurchased its own stocks worth 24.06 billion yen in November. (Sina Finance)
 

Tianqi Lithium Chairman: In 2023, China's lithium salt supply accounted for 68% of the global supply, but the dependence on foreign lithium resources is still relatively high

Tianqi Lithium Chairman Jiang Anqi stated at the 13th China Listed Companies Summit in 2024 that China is the world's major lithium salt production base. In 2023, China's lithium salt supply accounted for 68% of the global total supply, but the overall endowment of lithium resources is not high. From the perspective of geographical distribution, salt lake lithium resources are mainly located in the high-altitude areas of the Qinghai-Tibet Plateau. Sichuan is rich in lithium spodumene resources, but they are all affected by factors such as weak infrastructure and fragile ecological environment. The mining difficulty is relatively large, and the development progress is not as expected, resulting in the current high dependence on foreign lithium resources in the domestic lithium salt industry. If the self-sufficiency rate of resources can be further improved, it will better promote the quality and efficiency improvement of the domestic lithium battery industry chain. (Everyday Economic Network)

Zhang Xu Appointed as Chairman of Moutai Liquor Sales Company

36Kr has learned that the Tianyancha App shows that recently, Guizhou Moutai Liquor Sales Co., Ltd. has undergone industrial and commercial changes. Wang Xiaowei stepped down as the legal representative and chairman, and Zhang Xu succeeded him; Huang Jie stepped down as director and general manager, and Fu Xiaobo was appointed as the general manager. In addition, some key personnel have also changed. Guizhou Moutai Liquor Sales Co., Ltd. was established in May 2000 with a registered capital of 10 million RMB. Its business scope includes the sales of Moutai Liquor and its series of products, the sales of beer and beverages, and the sales of packaging and other materials. It is respectively held by Guizhou Moutai Co., Ltd. and China Guizhou Moutai Distillery (Group) Co., Ltd. with a 95% and 5% stake.

NIO and Mastercard Sign Strategic Cooperation Agreement
36Kr learned that, according to NIO's official Weibo, NIO and Mastercard signed a strategic cooperation agreement in Shanghai. According to the agreement, NIO and Mastercard will conduct comprehensive and multi-level in-depth strategic cooperation on a global scale in businesses such as user value-added services, payment innovation, data services and consulting, joint marketing, ESG, etc. The two sides will work together to provide value-added services and exclusive benefits such as charging and battery swapping, maintenance, car rental, and business travel VIP rights for Mastercard cardholders, and explore establishing an in-car payment function for NIO users to realize in-car seamless payment for charges such as charging, parking, passage, and shopping.
Foxconn to Enter the Field of Nursing Robots
According to Taiwan Economic Daily, Chiang Chih-hsiung, General Manager of Foxconn's B Business Group and Digital Health, said that they are planning to enter the "nursing robot" field and hope to integrate AI technology to help nurses solve repetitive problems. He emphasized that the "nursing robot" is an important layout of Foxconn Chairman Liu Yangwei, but everything is still in the planning stage, and the details cannot be disclosed too much to the outside world. (Jiemian)

360 Reduces Registered Capital to 7 Billion Yuan
36Kr has learned that according to Tianyancha App, recently, 360 has undergone industrial and commercial changes, and its registered capital has been reduced from approximately 7.145 billion yuan to approximately 7 billion yuan. 360 Security Technology Co., Ltd. was established in June 1992, with Zhou Hongyi as the legal representative. Its business scope includes Internet security services, Internet equipment sales, Internet data services, industrial Internet data services, etc. It is jointly held by Tianjin Qixin Zhicheng Technology Co., Ltd., Hu Huan, Zhou Hongyi, etc.

Where to Go: Reservations for Spring Festival Travel Flight Routes Kick Off First, Departing from New First-Tier and Second-Tier Cities is Cheaper
36Kr learned that as December begins, with less than two months until the Spring Festival, on the Qunar platform, the ticket prices during the Spring Festival travel period show a downward trend. Some flight routes offer discounted cabins, and the ticket reservations on this Tuesday reached a new high in nearly two months. The travel time is concentrated before New Year's Eve. This means that the presale of Spring Festival travel tickets has begun. From the perspective of flight routes, the ticket prices for flights departing from big cities such as Beijing, Shanghai, Guangzhou, and Shenzhen are still relatively high, while the ticket prices for flights departing from new first-tier and second-tier cities are relatively low. For example, for flights departing from cities such as Qingdao, Wuhan, and Xi'an, the ticket prices for return routes have also dropped to between 40% and 60% off.

Weight loss drugs are in short supply, and Eli Lilly will spend $3 billion to expand its US production base
Eli Lilly will invest an additional $3 billion to expand its production base in the US to increase the production of its blockbuster diabetes and weight loss drugs. According to a statement on Thursday, the latest investment is the company's largest outside its headquarters in Indiana and will expand a new production facility in Wisconsin, with construction expected to begin next year. This move will help meet the growing demand for injectable drugs such as Mounjaro and Zepbound. (Zhitong Finance)

Doubao supports the generation of images with specified text, and the App has started testing
36Kr has learned that recently, Doubao, an intelligent AI assistant under ByteDance, has upgraded its text-to-image generation capability to support the one-click generation of specified text. Users can add text requirements in the image generation prompt to generate images with specified text. Currently, this function has started testing in the Doubao App, and Dream has also conducted a small-scale test.

Investment and Financing:

"Luma AI" Completes Multi-Million Dollar Financing
36Kr has learned that "Luma AI", an AI vision company in Silicon Valley, USA, has recently completed a new round of financing, with an amount of several million dollars. The investment lineup of this round includes four European and American companies or funds: Amazon, AMD, Factorial Funds, and LDV Capital. Meanwhile, the old shareholders A16Z, Amplify Partners, and Matrix Partners continue to increase their stakes. It is understood that this round of financing is mainly used to accelerate the development of visual artificial intelligence basic models and products.

New Products:

Xiaomi Applies for REDMI Graphic Trademark
36Kr has learned that according to the intellectual property information from Tianyancha, recently, Xiaomi Technology Co., Ltd. has applied to register the "REDMI" graphic trademark, with the international classification of leather goods. Currently, the trademark status is awaiting substantive examination. According to media reports, previously, REDMI Redmi mobile phone officially announced that Redmi has officially changed to REDMI, and the brand image has been completely renewed.

Today's Viewpoint:

Institution: Global smartphone shipments are expected to reach 1.22 billion units in 2024, with a 6% year-on-year increase.
36Kr learned that Canalys data shows that in the third quarter of 2024, the global smartphone market grew by 5% year-on-year, achieving a year-on-year rebound for four consecutive quarters. Although the global economic situation has recovered to some extent since the first half of this year, and consumer demand has gradually picked up, due to the rising cost pressure and the increasingly fierce competition in the low-end market since the second half of this year, Canalys remains cautiously optimistic about the shipment performance in the second half of this year. Global smartphone shipments are expected to be 1.22 billion units in 2024, with a 6% year-on-year increase. After a strong rebound this year, in the long term, the growth of the smartphone market will enter a plateau period starting from 2025, and the compound annual growth rate from 2024 to 2028 is further reduced to 1%.

Other news worthy of attention:

Ministry of Agriculture and Rural Affairs: The average price of pork in national agricultural product wholesale markets decreased by 0.9% compared to yesterday
According to the monitoring of the Ministry of Agriculture and Rural Affairs, on December 6, the "Agricultural Product Wholesale Price Index 200" was 121.08, a decrease of 0.53 points compared to yesterday, and the "Vegetable Basket" Product Wholesale Price Index was 122.24, a decrease of 0.67 points compared to yesterday. As of 14:00 today, the average price of pork in national agricultural product wholesale markets was 23.13 yuan per kilogram, a decrease of 0.9% compared to yesterday. (Securities Times)

Temasek in Singapore Establishes S$10 Billion Private Credit Platform
Temasek Holdings in Singapore announced on December 6 the establishment of a private credit platform with an initial portfolio size of approximately S$10 billion (approximately US$7.5 billion). The investment portfolio will include direct investments and credit funds. (Jiemian)

More than 4.1 million 5G base stations have been built and put into operation in China
It is learned from the Ministry of Industry and Information Technology that as of now, more than 4.1 million 5G base stations have been built and put into operation in China. The 5G network is continuously extending to rural areas, achieving "5G coverage in every township". 5G has been integrated into 80 major categories of the national economy, and the breadth and depth of its application are constantly expanding. (Xinhua News Agency)