Krypton Evening News | Yonghui Supermarket: Nationwide adjusted and renovated stores implement purchase restrictions on products from Pangdonglai; IM Motors Technology changes its leadership; Meituan Xiaoxiang Supermarket initiates overseas expansion, with Saudi Arabia as the first stop.
Big Companies:
Yonghui Superstores: Implementing Purchase Limits on Pangdonglai Products in Nationally Adjusted Stores
36Kr learned that according to the public account of "Henan Yonghui Superstores", on December 16, Yonghui Superstores Co., Ltd. issued a notice on the purchasing behavior of Pangdonglai products, stating that Yonghui Superstores is implementing purchase limits on Pangdonglai products in nationally adjusted stores. The specific purchase limit measures for products are subject to the information on purchase-limited products displayed in the stores.
Baidu Applies for Registration of Baidu Short Drama Trademark
36Kr learned that according to the intellectual property information of Tianyancha, recently, Baidu Online Network Technology (Beijing) Co., Ltd. has applied for the registration of the "Baidu Short Drama" trademark. The international classification is website services, scientific instruments, education and entertainment. The current trademark status is waiting for substantive examination.
Apple Reportedly Plans to Launch Thinner iPhones
According to The Wall Street Journal, Apple is preparing for a series of significant design adjustments to its iPhone series products and possibly other products in an effort to revitalize growth. Insiders revealed that starting from next year, Apple plans to launch iPhones that are thinner than the existing 8mm models. The new models will be cheaper than the Pro models and adopt a simplified camera system to reduce costs. (Jiemian)
IM Motors Changes Leadership
36Kr learned that according to the App Aiqicha, recently, IM Motors Technology Co., Ltd. has undergone industrial and commercial changes. Wang Xiaoqiu has stepped down as the legal representative and chairman, and Jia Jianxu has taken over. IM Motors Technology Co., Ltd. was established in December 2020 with a registered capital of approximately 13.77 billion yuan. Its business scope includes technical services, development, consultation, exchange, transfer, and promotion in the fields of automotive technology, network technology, information technology, computer technology, and electronic technology. It is jointly held by Shanghai Yuanjie Intelligent Technology Equity Investment Fund Partnership (Limited Partnership), Hangzhou Haoyue Enterprise Management Co., Ltd., and SAIC Motor Corporation Limited, etc.
Meituan's Xiaoxiang Supermarket Initiates Overseas Expansion, with the First Stop in Saudi Arabia
36Kr learned from multiple independent sources that Meituan's front warehouse business "Xiaoxiang Supermarket" has started the process of overseas expansion, with the first stop still in Saudi Arabia, led by "former Meituan employee" Liu Wei. Liu Wei previously served as the person in charge of Kuailv-related businesses, the regional business department of Meituan Youxuan, and the product department of the In-store Business Group. According to insiders, the members of the Xiaoxiang Supermarket overseas expansion project are mainly selected from Youxuan, Kuailv, and Xiaoxiang businesses. Among them, the R & D team goes first, with more than 100 people, and the business team also has dozens of people. "The scale is not small, but the early stage is done very carefully, and the confidentiality is also very high."
Guming Updates Its Prospectus: Revenue of 6.441 Billion Yuan in the First Three Quarters of 2024
36Kr learned that on December 15, Guming Holdings Limited updated its prospectus. In the first three quarters of 2024, Guming's GMV (gross merchandise volume) was 16.6 billion yuan, an increase of 20.4% compared to the same period in 2023. As of September 30, 2024, the number of Guming stores reached 9,778. In terms of revenue and profit, the prospectus shows that in the first three quarters of 2024, Guming's revenue was 6.441 billion yuan, and the adjusted profit (measured by non-IFRS) was 1.149 billion yuan. Guming's revenue mainly comes from selling goods and equipment to franchisees and providing services.
Tencent Holdings: Today, It Spent Approximately 700 Million Hong Kong Dollars to Repurchase 1.72 Million Company Shares
36Kr learned that Tencent Holdings announced that it spent approximately 700 million Hong Kong Dollars to repurchase 1.72 million company shares today, with the repurchase price per share ranging from 403.8 Hong Kong Dollars to 410.8 Hong Kong Dollars.
Bio-Thera: Signed an Authorization License and Production, Supply and Commercialization Agreement with SteinCares for up to 8 Million US Dollars
36Kr learned that Bio-Thera announced that it signed an authorization license and production, supply and commercialization agreement with SteinCares to license the exclusive product commercialization rights of BAT2306 (Secukinumab) injection in Brazil and other Latin American regions to Stein. The transaction amount is a total of up to 8 million US Dollars for the down payment and milestone payments, including a 1.2 million US Dollars down payment, cumulative milestone payments of no more than 6.8 million US Dollars, and a double-digit percentage of net sales as income sharing.
Investment and Financing:
Shenzhen "YiftPay" Completed a 2 Million Yuan Seed Round Financing
36Kr Guangdong learned that according to the WeChat public account of "YiftPay", recently, YiftPay (Shenzhen) Intelligent Technology Co., Ltd. (hereinafter referred to as "YiftPay") completed a 2 million yuan seed round financing, and the investor was not disclosed. "YiftPay" focuses on digital and intelligent solutions for industry applications and value-added services in Internet payment, mobile payment, cross-border payment, etc., as well as accompanying enterprise consulting and one-stop software development. It aims to provide one-stop aggregated payment services for various banks, payment institutions, and merchants.
Shexu Technology Completed a New Round of Strategic Financing of 30 Million Yuan, with a Cumulative Financing of Over 100 Million Yuan in 2024
36Kr learned that Shexu Technology, an industrial AI generative design software and solution provider, recently completed a 30 million yuan strategic financing, with an exclusive investment from a strategic investor in the semiconductor industry. This round of funds will mainly be used to strengthen the R & D investment in AI generative industrial design software and to build a sales and operation system covering more industries and regions. So far, Shexu Technology has completed two rounds of financing within one year, with investors including AMBA Capital, Yonghua Investment, Lenovo Ventures, etc.
New Products:
Avida Technology Co., Ltd. Released the Digital Chip EDA Logic Synthesis adsDesigner Product
36Kr learned that recently, Avida Technology Co., Ltd. released its independently developed digital chip EDA logic synthesis adsDesigner product in Hangzhou. This product is a complete set of tools from RTL logic synthesis to physical layout, which can simultaneously optimize multiple goals such as timing, area, power consumption, and physical layout, and realizes the "one-click" (Push Button Flow) fully automatic process from RTL to physical layout. Compared with the traditional digital EDA software, it greatly reduces the complex and non-convergent iterations between RTL logic synthesis and physical implementation.
Kimi Released the Visual Thinking Model k1
36Kr learned that Kimi released the visual thinking model k1. The k1 model is built based on reinforcement learning technology, natively supports end-to-end image understanding and thinking chain technology, and extends its capabilities to more basic science fields beyond mathematics. In the benchmark ability tests of basic science disciplines such as mathematics, physics, and chemistry, the performance of the first-generation k1 model exceeded that of OpenAI o1, GPT-4o, and Claude 3.5 Sonnet.
Today's Views:
Goldman Sachs Predicts that the Federal Reserve May Not Cut Interest Rates Next Month
Goldman Sachs strategists recently stated that the Federal Reserve, which is expected to cut interest rates by 25 basis points on Wednesday, may also convey an important message of slowing down the pace of future interest rate cuts. In addition, Goldman Sachs revised its forecast for 2025, canceling the expectation of an interest rate cut in January, and still expects interest rate cuts in March, June, and September, with the expected terminal interest rate slightly raised to 3.5% - 3.75%. The recent comments of the Federal Reserve clearly indicate the desire to slow down the pace soon, citing that the unemployment rate is lower than the forecast of the Federal Open Market Committee, while the inflation rate is higher. (Jiemian)
Institution: The Indian Personal Computer and Tablet Market Is Expected to Grow by 6% in 2025
36Kr learned that according to Canalys, in the third quarter of 2024, the Indian personal computer and tablet market (including desktops, laptops, and tablets) had a strong start, with a year-on-year growth of 12%, and the total shipments reached 6.3 million units. This is mainly due to the 49% surge in tablet shipments, with a total shipment of 1.9 million units. Laptop shipments also grew steadily, increasing by 3% to 3.5 million units, while desktop shipments decreased by 12% to 780,000 units. According to the latest forecast by Canalys, it is expected that the Indian personal computer and tablet shipments will grow by 17% in 2024 and an additional 6% in 2025.
Other News Worth Noting:
Maimai Gaopin Releases Annual Talent Report, Intensifying Job Competition in the New Energy Vehicle Industry
36Kr learned that recently, Maimai Gaopin released the "2024 Annual Talent Migration Report". The report shows that from 2022 to October 2024, the talent supply and demand ratio in the new economy industry has been increasing year by year. From January to October 2024, the talent supply and demand ratio has risen again to 2.06, further intensifying the job competition for talents. Although the job search is more difficult, the salary of positions has maintained an upward trend. The average monthly salary of newly issued positions in 2022 was 41,394 yuan, rising to 42,789 yuan in 2023, and in the January-October period of 2024, the average monthly salary slightly increased again to 42,874 yuan. It is worth noting that as the new energy vehicle industry intensifies the reshuffle, the talent supply and demand ratio in this industry has significantly increased from 1.77 to 2.04.
State Taxation Administration: Sales Revenue of Traditional Industries Increased by 5.4% Year-on-Year in the First 10 Months
The latest data released by the State Taxation Administration shows that since this year, traditional industry enterprises such as clothing, furniture, and home appliances in China have accelerated digital transformation and upgrading, and increased efforts in new product research and development under the support of a series of policies such as tax incentives, achieving a relatively fast growth in sales revenue. Data from the State Taxation Administration shows that in the first three quarters of this year, the amount of tax incentives for scientific and technological innovation enjoyed by traditional industries increased by 21.5% year-on-year. From the perspective of value-added tax invoice data, in the first 10 months, the sales revenue of traditional industries increased by 5.4% year-on-year. (CCTV News)