Krypton Evening News | Tesla's global sales surpassed Audi's for the first time in history last year; Huawei Qiankun VPD Parking Valet Driving's first commercial pilot was officially launched at Shenzhen Airport; It is rumored that Cainiao is splitting up. An insider: It's fake news.

Big Companies:

Zhengdan Co., Ltd.: Expected to Earn 1.1 Billion - 1.3 Billion Yuan in 2024, with a Year-on-Year Growth of 11039% - 13064%
36Kr has learned that Zhengdan Co., Ltd. has released the 2024 annual performance forecast. It is expected that the net profit attributable to shareholders of the listed company will be 1.1 billion - 1.3 billion yuan, an increase of 11039.13% - 13064.42% compared with the same period of the previous year. The main reason is that during the reporting period, the production and sales of the company's main products TMA and TOTM increased significantly compared with the previous year, the sales unit price increased significantly, and the unit cost remained basically stable. The operating income and profit of the anhydride and ester business increased significantly year-on-year.

Tesla's Global Sales Surpassed Audi's for the First Time in History Last Year
Tesla's car sales last year, although lower than expected, surpassed for the first time in history one of the most sought-after high-end car brands in Germany, Audi. Data released by Audi today shows that its sales in 2024 were 1.67 million units, a 12% decrease from the previous year. Meanwhile, Tesla delivered 1.79 million vehicles last year. Audi said on Monday that its sales in markets such as Germany, China, and North America declined. The delivery of pure electric models dropped to around 164,000 units. (Caixin News Agency)

Loctek Inc.: Estimated Net Profit for 2024 to Decrease by 46.35% - 52.66% Year-on-Year
 36Kr has learned that Loctek Inc. has released its 2024 annual performance forecast. It is expected that the net profit attributable to shareholders of the listed company will be 30 million yuan - 34 million yuan, a year-on-year decrease of 46.35% - 52.66%; the net profit after deducting non-recurring gains and losses will be 18 million yuan - 21 million yuan, a year-on-year decrease of 16.65% - 28.56%. The main reasons for the performance changes include a significant decrease in non-recurring income from the sale of overseas warehouses, an increase in R & D investment in new products, an increase in the operating area of overseas warehouses leading to upfront rent, and high ocean freight rates affecting the profit of cross-border e-commerce business, etc.

STO Express: Expected to Earn 950 Million - 1.05 Billion Yuan in 2024, with a Year-on-Year Increase of 178.84% - 208.19%
36Kr learned that STO Express released the 2024 annual performance forecast. The company expects to achieve a net profit attributable to shareholders of the listed company of 950 million - 1.05 billion yuan in 2024, with a year-on-year growth of 178.84% - 208.19%.

The registration for Douyin E-commerce's 2025 Commission-Free Product Card has begun, with a subsidy of 13.5 billion and an upgraded intensity

In 2024, through the commission-free product card policy, Douyin E-commerce saved over 10 billion yuan in cumulative costs for more than 1.5 million merchants. In 2025, the intensity of the commission-free product card policy has been further upgraded: Douyin E-commerce will allocate 13.5 billion to continuously subsidize merchants, reaching a historically high level. It is introduced that the product card is an essential tool for Douyin E-commerce merchants to manage shelves and seek business growth. The commission-free product card policy of Douyin E-commerce will continue to help merchants earn the first pot of gold in 2025.

Haitian Flavoring and Food Co., Ltd. Submits Listing Application to the Hong Kong Stock Exchange

36Kr learned that according to the announcement of the Hong Kong Stock Exchange, Foshan Haitian Flavoring and Food Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange.

Kingdom Software Co., Ltd.: It is expected to have a net loss of 198 million yuan to 284 million yuan in 2024

36Kr learned that Kingdom Software Co., Ltd. announced that it is expected to achieve a net profit attributable to the owners of the parent company of -284 million yuan to -198 million yuan in 2024. Compared with the same period of the previous year, it will suffer a loss. The main reasons for the performance change are the reduction in financial IT revenue and the decline in non-financial business revenue during the reporting period, the impairment provision for long-term equity investment, the proposed impairment provision for goodwill, and the non-recurring profit and loss decreased by about 65.14 million yuan compared with the same period of last year. This performance forecast has not been audited by a certified public accountant, and the relevant asset impairment test work is still in progress. The estimated impact amount is a preliminary calculation result.
The recruitment for "Douyin Mall Spring Festival Fair" has officially started
36Kr learned that on January 13, the recruitment conference for the "Douyin Mall Spring Festival Fair" officially started, and it was announced that this major promotion will be held from January 28 to February 5. It is understood that the "Spring Festival Fair" extends the delivery time limit to after the fifth day of the Lunar New Year, and relaxes some detailed rules of the logistics assessment, adopts the protection policy of "relaxing the experience score and ensuring the logistics score", to reduce the worries of merchants. In addition, the "Spring Festival Fair" increases the investment in platform support, providing 10 billion traffic incentives, tens of millions of platform subsidies, special product guarantees, and differentiated product configurations and other rights and interests to help merchants comprehensively layout the entire domain operation and achieve off-peak business growth.
Shaanxi Energy: The cumulative power generation in 2024 is 53.043 billion kWh, with a year-on-year growth of 19.74%

iQIYI and Hongguo Short Drama Announce a Deep Cooperation to Jointly Launch High-Quality Micro-Short Dramas

36Kr learned that on January 13, iQIYI and Hongguo Short Drama jointly announced their cooperation at the "High-Quality Micro-Short Drama Industry Development Exchange Conference". They will launch cooperation in IP joint development, joint production, and content licensing of finished products to jointly launch more high-quality micro-short dramas. This year, iQIYI will take high-quality as the creative goal and launch the "Thousand High-Quality Micro-Dramas Plan" and the "Hundred High-Quality Short Dramas Plan". The content types include diverse themes such as ancient costume romance, urban romance, history, and suspense.
Xiaomi Personnel Adjustment: The Strategic Cooperation Department Gets a New General Manager, and the Business is Managed by Lu Weibing

Xiaomi recently announced an internal personnel adjustment. Xu Ran, the former general manager of the Group's Strategic Cooperation Department, has been transferred, and the position has been taken over by Wei Na, who reports to the Group President Lu Weibing. (Sina Technology)

It is reported that Guming has begun to assess investors' interest in its Hong Kong IPO.

36Kr has learned that, according to reports, informed sources have disclosed that Guming has started to evaluate investors' interest in its Hong Kong IPO. It is understood that Guming is expected to begin accepting investors' subscriptions after the Spring Festival, and this IPO may raise up to 300 million US dollars.

Investment and Financing:

Guangzhou "Huishan Medical" Completes Series A Financing
36Kr Guangdong learned that according to the WeChat official account of "Shoujian Investment", recently, Guangzhou Huishan Medical Technology Co., Ltd. (hereinafter referred to as "Huishan Medical") has completed Series A financing. The amount of financing has not been disclosed. The investor is Shoujian Investment Capital, and the funds will be mainly used for the construction of the company's GMP workshop and IND declaration. "Huishan Medical" is an R & D provider of immune disease cell medicine, an innovative enterprise focusing on the field of immune disease cell medicine, and is committed to the research and development and application of cell regenerative medical technology.

New Products:

Huawei Qiankun VPD Valet Parking Pilot Officially Launched at Shenzhen Airport
36Kr learned that on January 13, 2025, the launch test ceremony of Shenzhen Airport's autonomous valet parking and the technical seminar on the large-scale application of autonomous valet parking were held. This is the world's first commercial pilot of Huawei Qiankun Intelligent Driving Valet Parking Driver (VPD) at an airport, aiming to improve the efficiency of airport parking and car-finding through intelligent driving technology, and provide passengers with a more convenient and intelligent travel experience.

Today's Opinion:

Rumor has it that Cainiao is to be split, but insiders say: It's a false rumor
Recently, there has been a rumor online that "Cainiao is to be split". Insiders from Alibaba and Cainiao claim that this is a false rumor. Currently, Cainiao is only adjusting the production relations for some of the platform's logistics businesses. The main logistics business of Cainiao remains unchanged, and it will continue to vigorously develop global express delivery, supply chain, and logistics technology, etc. (Sina Technology)

Other news worthy of attention:

China Association of Automobile Manufacturers: In 2024, new energy vehicle sales reach 40.9% of the total new vehicle sales, an increase of 9.3 percentage points compared to 2023
36Kr has learned that data from the China Association of Automobile Manufacturers shows that in 2024, the production and sales of new energy vehicles were completed at 12.888 million and 12.866 million respectively, with year-on-year growth of 34.4% and 35.5% respectively. The new vehicle sales of new energy vehicles reached 40.9% of the total new vehicle sales, an increase of 9.3 percentage points compared to 2023. Among them, the sales of pure electric vehicles accounted for 60% of new energy vehicles, a decrease of 10.4 percentage points compared to last year; the sales of plug-in hybrid vehicles accounted for 40% of new energy vehicles, an increase of 10.4 percentage points compared to last year.