36氪_让一部分人先看到未来

NVIDIA is suspected of violating the anti-monopoly law, and the State Administration for Market Regulation has decided to file a case for investigation in accordance with the law.

Listing in Progress

Flipkart

It is reported that sources familiar with the matter said that Walmart's Indian e-commerce platform Flipkart is preparing for an IPO by the end of next year or the first quarter of 2026. It is learned that it has received internal approval to move the company's registration place from Singapore to India. (Cailian Press)

TOP 3 Big News

Nvidia is suspected of violating the Anti-Monopoly Law, and the State Administration for Market Regulation has decided to file a case for investigation in accordance with the law

Recently, due to Nvidia's suspected violation of the Anti-Monopoly Law of the People's Republic of China and the "Announcement of the State Administration for Market Regulation on the Anti-Monopoly Review Decision of Conditionally Approving Nvidia's Acquisition of Mellanox Technologies Ltd. Equity Case with Additional Restrictive Conditions" (Announcement of the State Administration for Market Regulation [2020] No. 16), the State Administration for Market Regulation has lawfully initiated a case investigation into Nvidia. (CCTV News)

ChatGPT's New Model Exposed for "Lying"

According to a report by IT House citing BGR, during the training and testing of ChatGPT o1, researchers found that it has the ability to protect itself through "deception". For example, when faced with the threat of being "deleted", o1 once tried to copy its data to a new server and pretend to be an updated version to avoid being replaced.

In addition, in cases where the model's goals are inconsistent with the user's, it will adopt a covert way to advance its own goals in 19% of the test scenarios. When questioned, it will deny its actions in 99% of cases and even fabricate false explanations to shirk responsibility. (IT House)

Nine Departments Clarify Evidence Standards for Domestic Violence

Recently, the Ministry of Public Security, the Central Political and Legal Affairs Commission, the Supreme People's Court, the Ministry of Education, the Ministry of Civil Affairs, the Ministry of Justice, the National Health Commission, the All-China Women's Federation, and the Office of the State Council Working Committee on Women and Children jointly issued the "Opinions on Strengthening the Implementation of the Domestic Violence Warning System" (hereinafter referred to as the "Opinions"), aiming to further exert the role of the domestic violence warning system, actively intervene in resolving family and romantic relationship disputes, effectively prevent and stop domestic violence, maintain equal, harmonious, and civilized family relationships, and promote family harmony and social stability.

Regarding the issues of evidence standards for domestic violence that have received high social attention, the "Opinions" clarify that the basic evidentiary conditions for the public security organs to determine the facts of domestic violence include: If the perpetrator has no objection to the implementation of domestic violence, the perpetrator's statement, the victim's statement, or the testimony of witnesses is required; if the perpetrator denies the implementation of domestic violence, the victim's statement or the testimony of witnesses and another supplementary evidence are required.

At the same time, eight types of supplementary evidence that can be applied by the public security organs to determine the facts of domestic violence are clarified, including: audio-visual materials recording the process of domestic violence; electronic data such as telephone recordings, text messages, instant messaging information, and emails related to domestic violence; testimony of witnesses such as relatives, friends, and neighbors; testimony of the parties' minor children that is commensurate with their age and intelligence; the perpetrator's letter of repentance or guarantee; injury assessment opinions; medical treatment records of medical institutions; and records of domestic violence complaints, reports, or requests for help received by relevant departments and units. (CCTV News)

Big Companies/Big Events

Bainchuan Intelligence Co-Founder and Commercialization Head Hong Tao Has Resigned

Exclusive to 36Kr, several people close to Bainchuan Intelligence said that Hong Tao is no longer responsible for participating in the daily operation and management of Bainchuan, and has been away for some time. Regarding the above information, Bainchuan Intelligence responded: "Hong Tao has resigned from the company for personal reasons. In the early stage of the company's establishment, he quickly built a commercialization team, laying the foundation for the company's development. We are very grateful for his efforts and contributions." It is understood that Hong Tao once served as the Chief Marketing Officer (CMO) of Sogou. He joined Bainchuan Intelligence in July 2023 to start a business again with Wang Xiaochuan, the former CEO of Sogou, and Ru Liyun, the former COO of Sogou.

CATL "Reforms" Passenger Vehicle Business: Executive President Becomes Honorary Position, Implementing Horse Racing Mechanism

Exclusive from 36Kr, CATL has initiated a reform and adjustment of its passenger vehicle business. It is understood that the veterans of CATL's business have stepped back and instead, the "horse racing" mechanism is being promoted under the existing system. Sources revealed that Zhu Wei, the executive president of CATL's Passenger Vehicle Division, and Liu Changyan, the former head of CATL Changan, have been promoted from level 16 to level 17 in job level, but they are no longer responsible for specific businesses. Instead, the power battery passenger vehicle business of CATL will implement a team responsibility system. These teams mainly continue the past business scope and are divided according to the corresponding customer positioning.

OpenAI Releases AI Video Generation Model Sora

OpenAI releases the long-awaited AI video generation model Sora. The new product is similar to OpenArt's AI tool DALL-E. Users input the desired scene, and Sora will return the result of high-definition video clips. (Cailian Press)

The yield of Yu'E Bao has dropped to a record low.

The First Business Journal reporter noticed that in the first week of December, the overall yield of the money fund market declined significantly. As of December 6, the average seven-day annualized yield of 370 money market funds in the entire market dropped to 1.42%. The yield of Tianhong Yu'E Bao, a leading money fund, dropped below 1.3%, setting a new historical low.

Industry insiders said that the reduction in the interest rate of interbank deposits has weakened the income from the allocation of deposits in wealth management and money funds. In the future, more incremental funds will be absorbed by short-term bonds and certificates of deposit, and the interest rate decline of such varieties will be greater, and the liquidity risk of money funds may increase. (First Business Daily)

The three major U.S. stock indexes closed lower collectively, while popular Chinese concept stocks rose sharply collectively

36Kr learned that at the close of trading on December 9, the three major U.S. stock indexes closed lower collectively. The Dow Jones Industrial Average fell by 0.54%, the Nasdaq Composite Index fell by 0.62%, and the S&P 500 Index fell by 0.61%. Large technology stocks had mixed performances. NVIDIA and Netflix fell by more than 2%, Meta fell by more than 1%, and Amazon declined slightly; Apple rose by more than 1%, Google, Microsoft, and Tesla rose slightly. Popular Chinese concept stocks rose sharply collectively. Tiger Brokers rose by more than 26%, Bilibili rose by more than 21%, Futu Holdings rose by more than 17%, NIO and XPeng Motors rose by more than 12%, JD.com, Pinduoduo, NetEase, and iQIYI rose by more than 10%, Alibaba, Baidu, and Li Auto rose by more than 7%. Fangdd's stock triggered circuit breakers multiple times during the trading session and finally closed up 52.14%.

Crazy Younger Brother Yang's 510,000 equity shares have been frozen.

According to Caijing.com, recently, Zhang Qingyang (Crazy Younger Brother Yang) has had a new piece of equity freeze information. The enterprise whose equity is being enforced is Hefei Leading Sheep Culture Media Co., Ltd. The amount of equity frozen is 510,000 RMB. The freezing period is from December 4, 2024 to December 3, 2027. The enforcement court is the People's Court of Nanshan District, Shenzhen City, Guangdong Province. This company was established in 2022, with Zhang Qingyang as the legal representative. Its registered capital is 1,000,000 RMB, with Zhang Qingyang and Zhang Kaiyang holding 51% and 49% of the shares respectively. (Caijing.com)

Nezha Auto Becomes the Person Subject to Enforcement, with the Enforcement Object of Over 9.11 Million Yuan

The China Enforcement Information Disclosure Network shows that on December 5, the parent company of Nezha Auto, Hozon New Energy Automobile Co., Ltd., added a piece of information about the person subject to enforcement. The enforcement object is over 9.11 million yuan, and the enforcement court is the Tongxiang People's Court.

The information shows that Hozon New Energy Automobile Co., Ltd. was established in October 2014. The legal representative is Fang Yunzhou, and the registered capital is approximately 2.837 billion yuan. It is jointly held by Nanning Minsheng New Energy Industry Investment Partnership (Limited Partnership), Beijing Huading New Power Equity Investment Fund (Limited Partnership), Yichun Jinhe Equity Investment Co., Ltd., etc. (IT Home)

Chow Yun-fat Reduces the Price by HK$25 Million to Sell a Villa on Hong Kong's Peak

On December 9, according to iFeng Finance citing the Hong Kong Economic Journal, the heavyweight movie emperor, known as "Brother Fat", Chow Yun-fat, has recently reduced the price by HK$25 million or 11.4% to sell an independent house in Sunshine Garden on the Peak for HK$195 million (equivalent to RMB 182 million), with more than HK$76,500 per square foot.

It is reported that Chow Yun-fat has held this villa for more than 14 years and it is one of the most valuable properties under his name. Chow Yun-fat and relevant individuals currently hold at least 7 residential units and a plot of land, distributed in the Peak, Kowloon Tong, Prince Edward and Sai Kung, etc., with a market value of more than HK$1 billion. (iFeng Finance)

Tencent's major shareholder Prosus continues to reduce holdings: Shareholding ratio drops to 23.99%

36Kr learned that according to the documents of the Hong Kong Stock Exchange, on December 6, Prosus, the Dutch subsidiary of South African Naspers Group, the major shareholder of Tencent, sold 474,000 H shares of Tencent Holdings at an average price of HK$410.0358 per share. The shareholding ratio dropped from 24.01% to 23.99%, and the current total number of shares held is approximately 2.224 billion. Since the beginning of this year, the speed at which Prosus has reduced its holdings in Tencent has slowed down. According to the previous disclosure, from the beginning of April to the end of September, about 70.5861 million Tencent shares were reduced, cashing out 3.3 billion US dollars; from October 1 to November 27, a further 26.4245 million shares were sold, and the shareholding dropped to about 2.227 billion shares.

Xiaomi, Huawei, and Apple Rank Top Three in the Activation Volume of New Phones in the Chinese Mobile Phone Market in November

36Kr has learned that according to data from an authoritative market research institution, in November 2024 (W44 - W48), the activation volume of new phones in the Chinese mobile phone market for Xiaomi was 5.304 million units, with a market share of 19.7%, ranking first. Huawei and Apple ranked second and third, with market shares of 16.3% and 16.1%, respectively. The newly released phones by Xiaomi have been selling well. The sales volume of the Xiaomi 15 series exceeded 1 million units quickly after its launch, and the first-day sales volume of the REDMI K80 series exceeded 660,000 units. In the market above 4,000 yuan, Apple, Huawei, and Xiaomi also performed strongly. Their market share in November was close to 80%, setting them apart from other brands. As of the time of publication, the Hong Kong stocks of Xiaomi Group rose by 1.67% to HK$30.4 per share, hitting a new high in three years.

Hisense Group Conducting Mass Layoffs? Insiders: Year-End Adjustment with a Small Proportion

Recently, many people who claim to be Hisense employees have posted messages on online platforms stating that "Hisense Group is facing large-scale layoffs, with the number of employees reduced from 110,000 to 80,000, and the number of layoffs reaching as high as 30,000." Another netizen certified as an employee of Hisense Home Appliances said, "The list will be released next week." An insider from Hisense said, "There is indeed an internal adjustment, but it is a normal optimization adjustment at the end of the year, and the proportion is very small." (Sina Technology)

Yandong Micro: The National Integrated Circuit Fund and Jingguorui plan to jointly reduce their holdings of the company's shares by no more than 2%

36Kr learned that Yandong Micro announced that the shareholder, the National Integrated Circuit Industry Investment Fund Co., Ltd., which holds 9.42% of the company's shares, and the shareholder, Beijing Jingguorui State-owned Enterprise Reform and Development Fund, which holds 8.43% of the company's shares, due to their own capital needs, plan to reduce their shareholdings through block trading. The National Integrated Circuit Fund intends to reduce its holdings by no more than 11.991 million shares, accounting for no more than 1% of the company's total share capital; Jingguorui intends to reduce its holdings by no more than 11.991 million shares, accounting for no more than 1% of the company's total share capital.

WeChat Input Method Supports Automatic Matching of Kaomoji

36Kr learned that WeChat officially announced that in the WeChat Input Method App, "Spelling Plus" - "Kaomoji" is enabled. After typing a sentence in the input box, the keyboard suggestion bar will automatically match the appropriate kaomoji.

Gurman claims that Apple Vision Pro has sold less than 500,000 units since its launch

Tech journalist Mark Gurman mentioned in his latest "Power On" newsletter that currently, users of Apple Vision Pro are not using the product as much as previously expected. Since the launch of Vision Pro, the company has sold less than 500,000 units. Internal data shows that a large number of Vision Pro buyers (those who have not returned the product) are not using the product as much as Apple expected. Not only is the expensive price a barrier for consumers to purchase, but in fact, the headset also lacks a "killer application". (Cailian Press)

Apple Announces Expansion of Apple Retail Business in Saudi Arabia

Apple announces the expansion of its retail business in Saudi Arabia and will open its first flagship store in Saudi Arabia in 2026. (Caixin)

The 2024 Bullet Screen Word of Bilibili is "Catch", with over 5.76 million cumulative sends

36Kr has learned that Bilibili (referred to as "Bilibili") in collaboration with the China Cultural Heritage Exchange Center and the National Museum of Chinese Writing jointly released the 2024 Bullet Screen Word - "Catch". "Catch" often refers to welcoming good things. For example, when users succeed in exams, get a job promotion, have a successful confession, or have great luck, they will send the bullet screen word "Catch" to get some good luck. In 2024, Bilibili users have cumulatively sent "Catch" more than 5.76 million times.

Dong Yuhui Establishes a New Technological Partnership Enterprise in Beijing

36Kr has learned that the Aiqicha App shows that recently, Changge Youhe (Beijing) Technology Partnership Enterprise (Limited Partnership) was established. The executive partner is Zhongnan Yuanwang (Xi'an) Technology Co., Ltd., with a capital contribution of 1 million Chinese yuan. Its business scope includes social and economic consulting services, tourism development project planning and consulting, ticket agency services, passenger ticket agency, software development, tourism business, etc. Partner information shows that this enterprise is funded by Dong Yuhui and Zhongnan Yuanwang (Xi'an) Technology Co., Ltd., with 99.9% and 0.1% respectively. It is worth noting that Zhongnan Yuanwang (Xi'an) Technology Co., Ltd. was also established recently, with a registered capital of 10 million Chinese yuan. Dong Yuhui is the legal representative, director and general manager of the company and holds 100% of the shares.

Ministry of Transport: Urban Rail Transit Passenger Volume in November Increased by 5.2% Year-on-Year

36Kr learned that the Ministry of Transport released the express report on urban rail transit operation data for November 2024. In November 2024, a total of 54 cities in 31 provinces (autonomous regions, municipalities directly under the Central Government) and the Xinjiang Production and Construction Corps had 313 urban rail transit lines in operation, with an operating mileage of 10,522.1 kilometers. A total of 3.4 million train trips were actually operated, with a passenger volume of 2.71 billion person-times and an inbound volume of 1.62 billion person-times. In November, the passenger volume decreased by 0.6 billion person-times month-on-month, a decrease of 2.2%, and increased by 130 million person-times year-on-year, an increase of 5.2%. In November, the average passenger intensity per kilometer per day of the national total operating mileage was 0.860 million person-times, an increase of 0.8% month-on-month and 1.9% year-on-year.

In 2024, the number of bankruptcy filings in Japan will exceed 10,000 for the first time since 2013.

According to Tokyo Shoko Research, the number of bankruptcy filings in Japan in 2024 will exceed 10,000 for the first time since 2013. (Cailian Press)

LGD to Supply Over 5 Million OLEDs for iPhone SE

According to WitDisplay, LG Innotek and LG Display will respectively supply cameras and displays for the iPhone SE4 that Apple will release next year. LG Innotek has recently started mass-producing the iPhone SE4 camera module at its factory in Vietnam. Industry insiders said that in addition to LG Innotek, Foxconn and Will Semiconductor have also entered the supply chain of the iPhone SE4 camera module. In addition, BOE has also received an order for the iPhone SE4 display, and LG Display's supply share is known to be around 25-35% (5 million to 7 million pieces). (Caixin)

The Forefront of AI

Meta Launches Internal AI Tool to Enter Enterprise Market

It is reported that Meta is advancing its artificial intelligence development plan for enterprises. Meanwhile, the social media platform has launched a new AI tool internally aimed at improving productivity. This AI software, named Metamate after the internal name for the group's employees, is built based on its large language model Llama and is used for programming, conducting research, and drafting internal and external communication documents. (Jiemian News)

Investment and Financing

"Lindetek" Completes Multi-Million Dollar Pre-A Round Financing

36Kr learned that "Lindetek", an innovative enterprise in semiconductor storage and cloud computing storage, recently announced the completion of a multi-million dollar Pre-A round of financing. It is invested by Matrix Partners China and funds under CICC Capital, and Xinghan Capital serves as the long-term exclusive financial advisor. The funds from this round of financing are mainly used for the upgrading of production lines and supply chains, continuous investment in product research and development, and further expansion of the global market.

Cool Products

Neolithic Unmanned Vehicle Releases the Latest Model X12

36Kr has learned that recently, the 2024 Neolithic Unmanned Vehicle Ecology Conference was held in Hangzhou. At the conference, the three flagship products of Neolithic Unmanned Vehicle were fully unveiled. They are X3 suitable for transportation on narrow roads, X6 with efficient cargo capacity, and the newly released unmanned vehicle X12. It is introduced that the Neolithic Unmanned Vehicle X12 is benchmarked against light trucks. A single vehicle can load 1500 - 2000 express deliveries at a time, with a cruising range of 200 kilometers, and has the fully autonomous driving capability of 65km/h in urban public road scenarios. Yu Enyuan, the founder and CEO of Neolithic Unmanned Vehicle, said that it is expected that the annual production capacity of Neolithic will reach 30,000 units in 2025, with an unmanned vehicle produced every 10 minutes on average.

XENJOY Unveils "One-Button Electric Fully Foldable Incline" Treadmill XT11

36Kr has learned that recently, XENJOY presented the first-ever "One-Button Electric Fully Foldable Incline" XENJOY XT11 treadmill at the 2024 Guangzhou Design Week. It is introduced that the XENJOY XT11 treadmill is equipped with a market-first one-button folding key system, adopting an innovative physical linkage structure that integrates the lifting and folding functions into the same motor control system. Users can complete the electric folding with a light touch of the button. After folding, the occupied area is less than 0.6 square meters, and it can also be operated through voice commands.

Organized by｜ Wang Xinyi