Krypton Evening Post: Datang Group, PowerChina and others have established a clean energy development company in Tibet; The embodied algorithm team of Zhiyuan Robot has launched the EnerVerse architecture; The management of Volkswagen in Germany will reduce salaries by 300 million euros within five years.
Big Companies:
36Kr learned that the Tianyancha App shows that recently, Tibet Zangdongnan Clean Energy Development Co., Ltd. was established, with Shen Peng as the legal representative and a registered capital of 10 billion yuan. Its business scope includes power generation business, power transmission business, power supply (distribution) business, new energy technology research and development, solar power generation technology services, wind power generation technology services, mechanical and electrical equipment sales, engineering and technology research and experimental development, etc. Shareholder information shows that the company is jointly held by Tibet Development and Investment Group Co., Ltd., Datang Tibet Energy Development Co., Ltd. under Tang Dynasty Group, and Sinohydro Corporation Limited under PowerChina.
Volkswagen's management in Germany will cut salaries by 300 million euros within five years
On January 8 local time, Gunnar Kilian, a member of the Volkswagen Board of Directors in Germany, told the media that Volkswagen's management will reduce salaries by a total of 300 million euros by 2030, and the salary reduction for board members will be greater. In December last year, Volkswagen's management and the union reached an agreement to lay off 35,000 people in Germany by 2030. At the same time, the union also proposed that the management should also be responsible for the past decision-making mistakes. (CCTV News)
Hyundai Motor starts selling on Amazon.com in the United States
South Korea's Hyundai Motor Company said on Wednesday that it has started selling cars on Amazon.com. A year ago, Hyundai Motor signed a strategic partnership with the US retail giant. Hyundai Motor said that starting from January 7 local time, US consumers can browse, order and purchase any new Hyundai vehicle through Hyundai dealerships participating in Amazon Automotive Services and arrange to pick up the vehicle from the dealership. (Sina Finance)
Jeju Air, South Korea's largest low-cost airline, said on Wednesday that it will cut nearly 1,880 flights in the first quarter in an effort to enhance operational safety. Previously, a Boeing 737-800 passenger plane of the company had a fatal crash, killing 179 people. In a press release, Jeju Air said that the company plans to reduce 1,878 flights during the winter period ending in March, including 838 domestic routes and 1,040 international routes. A spokesperson for Jeju Air said that the company plans to cut another 30 flights in the near future, bringing the total number of flights cut in the first quarter to more than 1,900. (Sina Finance)
Home furnishing leader Eureka Smart Home will enter Lazada
36Kr exclusively learned that on January 7, at a closed-door sharing session, Xue Yaqi, the head of the international business of Eureka Smart Home (formerly Eureka), said that it will enter the Southeast Asian e-commerce platform Lazada to open an online brand flagship store for overseas local stores; at the same time, it will continue to absorb more pan-home furnishing brands to Lazada. It is understood that this is the first cross-border e-commerce cooperation project after Eureka Smart Home clearly defined going overseas as one of the three strategies in 2025.
Gree's patent for predicting the remaining lifespan of washing machines is announced
36Kr learned that the Tianyancha Intellectual Property Information shows that recently, the patent for "A Method and Device for Predicting the Remaining Lifespan of a Washing Machine" applied by Zhuhai Gree Electric Appliances Co., Ltd. has been announced. The abstract shows that the embodiment of the invention determines the influence degree coefficient of the operating parameters on various materials by obtaining the operating parameters of the washing machine, and determines the individual aging index for the material based on the influence degree coefficient; determines the comprehensive aging index for characterizing the aging relationship of the material through the influence interaction effect path and the individual aging index; based on the comprehensive aging index, generates a lifespan prediction result for characterizing the remaining lifespan of the washing machine, realizing the prediction of the lifespan of the washing machine.
Investment and Financing:
Lingyun Guang: The acquisition of JAI Company's equity is completed
36Kr learned that Lingyun Guang announced that the company has held 100% of the shares of JAI Company through its wholly-owned grandson company SINGPHOTONICS SMART VISION PTE. LTD. The delivery procedures of this transaction have been completed in full, and the company has transferred and accepted 99.95% of the equity of JAI controlled by JAI GROUP HOLDING ApS (of which 4.38% is treasury stock) and 0.05% of the equity held by minority shareholders in accordance with the provisions of the transaction agreement.
According to people familiar with the matter, Hyundai Steel, a subsidiary of Hyundai Motor Group, is studying a plan to build an automotive steel plant in the United States to deal with the Trump administration's trade protectionist policies. Sources said that Hyundai Steel has discussed this investment plan, estimated at 10 trillion won (approximately 6.9 billion US dollars), with several US officials, including government officials in Georgia. Hyundai Motor Group has an automotive manufacturing plant in Georgia. (Sina Finance)
CATL participates in the establishment of an investment partnership with the investment fund, etc.
36Kr learned that the Tianyancha App shows that on January 8, Xiamen Puyu Investment Partnership (Limited Partnership) was established, with Xiamen Puquan Private Equity Fund Management Partnership (Limited Partnership) as the executive partner, with a contribution of approximately 800 million yuan. The business scope includes engaging in investment activities with its own funds, enterprise management, and enterprise management consulting. Partner information shows that this enterprise is jointly funded by Fujian Times Zeyuan Equity Investment Fund Partnership (Limited Partnership) invested by CATL, Shenzhen Lvshui Changqing Venture Capital Partnership (Limited Partnership), and Xiamen Puquan Private Equity Fund Management Partnership (Limited Partnership).
New Products:
36Kr learned that Ecovacs released the overseas version of Deebot X8, DEEBOT X8 Family, for the main markets such as North America, Europe, and Asia-Pacific at the Consumer Electronics Show CES 2025. At the exhibition, Ecovacs announced that the overseas version of X8 will be globally launched in February.
Sharge releases a new overseas sub-brand loomos and launches loomos AI glasses
36Kr learned that Sharge released its high-end sub-brand loomos for the overseas market and loomos AI glasses at the CES site. loomos AI glasses will receive immediate assistance from a voice assistant driven by GPT-4o, such as text translation, object recognition, memory parking space, and information retrieval. loomos AI glasses will launch a crowdfunding campaign on the Kickstarter platform around January 21. The official also revealed that it will set up branches in North America, Europe, and other regions.
The embodied algorithm team of Zhiyuan Robot launches EnerVerse architecture
36Kr learned that the embodied algorithm team of Zhiyuan Robot has launched the EnerVerse architecture, with the autoregressive diffusion model as the core, guiding the action planning by generating the future embodied space. The team designed a sparse memory mechanism to maintain the context logic of the long-range task and proposed a freely anchored perspective to flexibly express the 4D space. Experiments show that EnerVerse has excellent 4D generation ability and has reached the current best (SOTA) level in the action planning task.
Today's Views:
Indonesian Industry Minister Agus Gumiwang Kartasasmita said at a press conference that according to the country's localization rate regulations, Apple must produce some smartphones or components locally, and the AirTag it plans to build a factory to produce is "only an auxiliary product". Agus said: "As of this afternoon, the government has no reason to issue the localization rate certificate required by Apple to sell the iPhone 16 in Indonesia... Apple needs to negotiate with us so that we can issue the certificate." He also said that Apple may be sanctioned for continuing to not comply with local investment regulations, but this will be the government's last resort, "We will look for other ways or options." Agus added that the Indonesian government has sent suggestions to Apple. (Jiemian)
Elon Musk says that if the US dollar inflation is solved, the price of Bitcoin will fall
Tesla CEO Elon Musk predicted on Tuesday that if the US dollar inflation problem is solved, the prices of cryptocurrencies such as Bitcoin and Dogecoin may fall. Musk posted on X: "If the US dollar inflation is solved, under other equal conditions, the price of buying cryptocurrencies in US dollars will actually decrease. What is important is the ratio of the US dollar to cryptocurrencies." (Sina Finance)
Commerzbank: Adequate supply and persistent inflation put pressure on the European bond market
Hauke Siemssen, an interest rate strategist at the research department of Commerzbank, said that under the influence of "sticky" inflation, the evolving supply wave and resilient US data, the trading volume of the European bond market remains high. Siemssen said: "Because the primary market is still busy, and the US ADP and initial jobless claims data to be announced today do not seem likely to be disappointing, it seems that the European bond market is difficult to get relief today." (Sina Finance)
Other News Worth Paying Attention To:
South Korea's Small and Medium Business Administration said on Wednesday that it will provide 1.5 trillion won (1.03 billion US dollars) in financial support to South Korean small and medium-sized enterprises that have suffered trade losses due to the recent depreciation of the won. This is part of the plan that the Small and Medium Business Administration reported to South Korea's Acting President Choi Sang-mu this year. The Small and Medium Business Administration also said that in order to revitalize the venture capital market, a fund of 1.9 trillion won will be established, and 1,000 start-up companies will be cultivated in strategic industries such as system semiconductors and artificial intelligence by 2025. (Sina Finance)