Krypton Evening Post | The Ministry of Foreign Affairs responds to the rumor that China is considering resuming the import of Japanese aquatic products in the first half of next year; The Starbucks strike will expand to more than 300 stores in the United States.
Big Companies:
Tencent's Public Relations Director Zhang Jun Denies the WeChat Gift-Giving Meeting Minutes
36Kr learned that on December 24, Zhang Jun of Tencent posted in his Moments denying that there is a business plan for WeChat to give gifts, and stated that it is a rumor. "Why do some people always prefer to believe it rather than not? We do not have an ambitious plan for ourselves. We just want to do something down-to-earth. Please, don't set a business plan for us."
According to Blue Whale Finance, it was learned from multiple informed sources that Chen Zhijie, the head of ByteDance's TikTok algorithm, may resign in the near future. Currently, he has started a startup in the AI field. Informed sources said that Chen Zhijie's startup direction is the AI Coding direction, and he has been in contact with investors one after another. (Cailian Press)
Ford Recalls 11,900 Vehicles in the US
The National Highway Traffic Safety Administration (NHTSA) disclosed on December 24 that Ford is recalling 11,922 2023 - 2024 F - 150 Lightning BEVs in the US. The ball joint nut of the front upper control arm of the vehicle may not be tightened properly, resulting in the separation of the front upper control arm from the steering knuckle assembly, causing the vehicle to lose steering and control, increasing the risk of a collision. (Jiemian)
Amber Enterprises Is Reportedly Planning to Spin Off and List Its Electronic Business
It is reported that sources revealed that Amber Enterprises plans to spin off and list its electronic business. (Jiemian)
Starbucks Strike to Expand to More Than 300 Stores in the US
The Starbucks Workers Union said that the strike at Starbucks stores in the US will expand to more than 300 stores on Tuesday, and it is expected that more than 5,000 workers will participate. This five-day strike will end later on Christmas Eve. The strike began last Friday after wage increase negotiations with Starbucks reached a deadlock. The union said that as of Monday, the strike has affected stores in cities such as Los Angeles, Chicago, Seattle, Boston, Dallas, New York, Denver, and Pittsburgh, resulting in the temporary closure of more than 60 stores. (Sina Finance)
Small Commodity City: Implementing the Yiwu International Trade Reform Plan
36Kr learned that Small Commodity City announced that in order to implement the "Overall Plan for Deepening the Comprehensive International Trade Reform in Yiwu City, Zhejiang Province", the company will rely on the construction of the chinagoods Small Commodity Digital Trade Comprehensive Service Platform, vigorously promote the innovative development of import trade, give full play to the functions of the Yiwu Comprehensive Bonded Zone, promote the "Standard into the Market", establish a small commodity standard system, promote the "Yiwu China Small Commodity City" brand management, strengthen market-oriented cooperation with international shipping companies, and promote the construction of domestic consolidation centers and overseas warehouses.
Netflix Sues Broadcom over VMware Virtual Machine Patents
Netflix filed a lawsuit against Broadcom in the Northern District Court of California on Monday, claiming that VMware's vSphere virtualization platform, owned by Broadcom, infringes on five of Netflix's technical patents related to virtual machine communication. (Cailian Press)
Tesla's Shanghai Energy Storage Super Factory is about to be completed and is expected to be completed by the end of this year. It is expected to break the construction speed of its vehicle super factory, achieving the entire process from construction to completion in 7 months. On May 23 this year, Tesla's Energy Storage Super Factory started construction in Lingang, Shanghai. After the groundbreaking ceremony, Lingang Group also completed the signing of China's first batch of ultra-large-scale electrochemical commercial energy storage systems Megapack with Tesla. It is understood that Tesla's Shanghai Energy Storage Super Factory will start production in the first quarter of 2025, with an annual planning capacity of 10,000 commercial energy storage batteries Megapack, with an energy storage scale of nearly 40 GWh (gigawatt-hours), and the products will be supplied to the global market. (Jiefang Daily)
Investment and Financing:
36Kr learned that Tianyancha App shows that recently, Zhengzhou Airport New Industry Development Equity Investment Fund Partnership (Limited Partnership) was established, with the executive partner being Zhengzhou Airport Private Equity Fund Management Co., Ltd., with a contribution of 5 billion yuan. The business scope includes venture capital, engaging in equity investment, investment management, and asset management activities with private equity funds. It is jointly funded by Zhengzhou Airport Industrial Investment Guidance Fund (Limited Partnership), Zhengzhou Airport Kechuang Investment Group Co., Ltd., Henan Gangyuan Capital Co., Ltd., and Zhengzhou Airport Private Equity Fund Management Co., Ltd.
SK Hynix's Wuxi Company Increases Capital to $630 Million
36Kr learned that Tianyancha App shows that recently, SK Hynix System IC (Wuxi) Co., Ltd. has undergone industrial and commercial changes, and its registered capital has increased from $385 million to approximately $630 million, with an increase of 64%. SK Hynix System IC (Wuxi) Co., Ltd. was established in August 2018, with Li Xianghe as the legal representative. Its business scope includes the production and sales of imported and exported integrated circuits, electronic components, and parts of the above products, and the provision of related technical services. The company is jointly held by Wuxi Industrial Development Group Co., Ltd. and SK hynix system ic Inc.
New Products:
36Kr learned that Shanghai has issued the notice of the "Shanghai Work Plan for the Development of Medical Artificial Intelligence (2025 - 2027)". It is proposed to promote rehabilitation robots such as exoskeletons and external treatment equipment such as traditional Chinese medicine acupuncture and massage robots, monitor the rehabilitation status of patients in real time, and achieve full coverage of intelligent rehabilitation services in rehabilitation specialized hospitals and rehabilitation departments of medical institutions in the city.
36Kr learned that on December 21, the 2024 OpenCloudOS Annual Conference was held in Beijing. At the conference, the OpenCloudOS community officially announced the latest cooperation achievements and innovative practice cases. Currently, the number of upstream and downstream co-construction enterprises in the OpenCloudOS community has reached 800, reaching more than 150,000 developers, with an installation volume exceeding 15 million nodes, completing the replacement of more than 900,000 cores of CentOS, and being compatible with more than 96,000 hardware and software, achieving full coverage from the source community, commercial version to the community stable version.
Today's Views:
36Kr learned that recently, Digital China Information Service Company made an appearance at the 21st China International Finance Forum. At the forum, Ma Hongjie, Vice President of Digital China Information Service Company, stated that in the future, the IT of enterprises must be an agile architecture based on cloud native, and at the same time, driven by AI technology to achieve the agile empowerment of data elements to production scenarios. Therefore, based on the transformation concept of "Data and Cloud Integration", Digital China Information Service Company continuously promotes the digital transformation of banks from platform-level products and financial innovation scenarios. Currently, Digital China Information Service Company has broken the monopoly of foreign enterprises in the field of financial informatization by independently developing the industry's first set of overall bank application architecture ModelB@nk1.0.
Next year, a more proactive fiscal policy will be implemented. "More proactive" means to increase the fiscal deficit ratio, increase expenditure intensity, and accelerate the expenditure progress. At the same time, a larger scale of government bonds will be arranged to provide more support for stabilizing growth and adjusting the structure. In addition, the structure of fiscal expenditure will be optimized to make funds more accurately benefit the people's livelihood, promote consumption, and increase momentum. In general, next year's fiscal funds will be allocated earlier, faster, and in a larger amount. (CCTV News)
Abott and DexCom Reach Settlement on Patent Dispute over Continuous Glucose Monitoring Devices
On December 24, Abbott announced that it has reached an agreement with medical device company DexCom to resolve all patent disputes between the two parties regarding continuous glucose monitoring devices. The agreement also stipulates that the two parties will not file lawsuits against each other regarding patent, commercial appearance, and design right disputes within the next 10 years. In this settlement, neither party needs to pay any amount.
Other News Worth Noting:
Foreign Ministry Spokesperson Mao Ning presided over a regular press conference. Mao Ning pointed out that on the issue of the discharge of Fukushima nuclear-contaminated water into the sea, the most crucial thing is for the Japanese side to earnestly fulfill its own commitments. After effectively participating in the implementation of long-term international monitoring and independent sampling and other monitoring activities, China will adjust relevant measures based on scientific evidence and gradually resume the import of Japanese aquatic products that meet the standards. China's position against the discharge of Fukushima nuclear-contaminated water into the sea remains unchanged. (The Paper)
36Kr learned that the National Development and Reform Commission publicly solicits opinions on the "Opinions on Deepening and Enhancing the Service Level of 'Obtaining Electricity' and Comprehensively Creating a Modern Electricity Business Environment (Draft for Soliciting Opinions)". The public solicitation of opinions will be from December 24, 2024 to January 24, 2025. It is mentioned that by 2029, China will basically build a modern electricity business environment with convenient electricity access, high-quality power supply, green electricity consumption, universal service, collaborative regulation, and monitoring. Build a number of first-class cities with a strong international competitive advantage in the electricity business environment, construct a number of benchmark areas with a leading and exemplary role in the electricity business environment, develop a number of characteristic towns and villages with regional influence in the electricity business environment, drive the overall improvement of the "Obtaining Electricity" service level in urban and rural areas across the country, and significantly enhance the sense of gain and satisfaction of the people in accessing and using electricity.