Krypton Evening Post: Feisuan Technology launches the first complete engineering code generation AI development assistant "Feisuan JavaAI"; Tencent Hunyuan 3D AI Creation Engine is officially launched.
Big Companies:
Fibocom: The AI Toy Large Model Solution Has Not Generated Revenue Yet
36Kr learned that Fibocom disclosed an abnormal stock trading announcement. The company's recently launched AI toy large model solution supports the access and integration of relevant AI large models at home and abroad, and is equipped with the company's Cat.1 module, which can help intelligent toys achieve AI upgrades. The company has noticed that the market has a high degree of attention to this solution. Vigorously developing comprehensive solutions of "communication + computing" and edge-side AI businesses is an important layout direction for the company in recent years. The integration of cellular wireless communication module products and solutions with AI technology is an important trend in the industry's development. However, the company's recently launched AI toy large model solution is still in the early stage of layout and business expansion, and has not yet generated revenue. There is also a certain degree of uncertainty whether it can succeed in the market application and achieve good economic benefits in the future.
36Kr learned that Tongcheng Travel released the 2025 Spring Festival travel trend: Domestic and foreign tourists experience the "Intangible Cultural Heritage" Spring Festival, and the relevant search popularity has increased by 87%; Beijing, Shanghai, Guangzhou, Shenzhen, etc. will be the first stop for foreign tourists to enter China; The cultural and tourism consumption popularity of niche destinations, especially third- and fourth-tier cities and county-level cities, is expected to increase by a greater margin; The consumption trend of chasing niche destinations has also spread from the domestic market to the outbound travel market. Among them, the booking popularity of air tickets to niche destinations in Japan such as Fukuoka, Hokkaido, Shizuoka, and Sapporo has increased significantly.
Lenovo: Working with Many Ecological Partners to Build the Tianxi Ecology for AI Terminals
36Kr learned that the 2024 Digital Innovation Summit was recently held in Beijing, and the list of "2024 Outstanding Innovative Practice Cases" was announced at the meeting. Liu Jun, Executive Vice President of Lenovo Group and President of China Region, was selected as the "Pioneer List · 2024 Digital Innovation Leading Figure" of the Digital Innovation Summit. Liu Jun said that the unique Chinese AI industry ecology covering chips, operating systems, intelligent computing centers, AI software stacks, large models, and AI applications is rapidly forming, and every aspiring enterprise needs to work together. Relying on the "Full-Stack AI" strategic layout, Lenovo is working with many ecological partners to build the Tianxi Ecology for AI terminals, the Wanquan Ecology for AI infrastructure, and the Qingtian Ecology for AI solutions and services.
UMC announced the operating results for the fourth quarter of 2024. The single-quarter profit was NT$8.5 billion, a 41% decrease quarter-on-quarter and a 35.6% decrease year-on-year, reaching the lowest point since the third quarter of 2020. The earnings per share was NT$0.68. The gross margin was 30.4% and the operating profit margin was 19.8%. Co-General Manager Wang Shi said that the performance in the fourth quarter of last year met expectations. The wafer shipment volume and capacity utilization rate were slightly better than expected. The annual revenue in 2024 increased by 4.4% compared with the previous year, reflecting the stable growth in the demand for communication, consumption, and computers. Among them, 22/28-nanometer products still accounted for the main contribution to revenue, increasing by 15% in 2024. (Jiemian)
36Kr learned that New Oriental released the performance summary for the second fiscal quarter ended November 30, 2024. The net revenue increased by 19.4% year-on-year to US$1.0386 billion, and the net revenue (excluding the revenue achieved from the self-operated products and live-streaming e-commerce business of Dongfang Zhenxuan) increased by 31.3% year-on-year to US$894.2 million. The operating profit decreased by 9.8% year-on-year to US$19.3 million, and the operating profit (excluding the operating loss generated from the self-operated products and live-streaming e-commerce business of Dongfang Zhenxuan) increased by 102.5% year-on-year to US$25 million. The net profit attributable to shareholders increased by 6.2% year-on-year to US$31.9 million.
According to the Wall Street Journal on January 21, KPMG is preparing to break the long-standing barrier and become the first of the "Big Four" accounting firms to conduct legal business in the US by taking advantage of a new plan in Arizona that "allows non-lawyers to own law firms". Arizona is expected to approve KPMG's legal business plan as early as this month. KPMG said that lawyers with Arizona licenses in the firm can provide legal services to clients across the US. Arizona's plan, launched in 2021, aims to expand the coverage of legal services, largely to address the lack of lawyer services in issues such as family law or immigration. (Jiemian)
Investment and Financing:
Shanghai Innosilicon Electronics Technology Co., Ltd. completed the first batch of nearly CNY 1 billion in the C round of financing. In this C round of financing, the National Development and Reform Commission Manufacturing Transformation and Upgrading Fund led the investment, with CICC Capital, the old shareholder Jinshi Investment, and Coretronic following the investment. The first batch of financing funds of this round of Innosilicon Electronics will be mainly used for product and process research and development, expansion of silicon carbide (SiC) wafer factories, and company operations, to continuously enhance the market competitiveness of products, strengthen the supply guarantee capacity of wafer factories, and meet the rapidly growing market demand. Since its establishment in 2017, the company has accumulated more than CNY 2 billion in equity financing.
"Wewo Technology" Announced the Completion of a Several Hundred Thousand Yuan Seed Round Financing
36Kr learned that "Wewo Technology" recently announced the completion of a several hundred thousand yuan seed round financing. This round of financing is led by Qiji Chuangtan and followed by the Turing AI Research Institute. This round of financing will be mainly used for technology research and development and commercialization.
New Products:
36Kr learned that Feisuantech announced the global launch of the JavaAI development assistant "Feisuantech JavaAI". Compared with fragmented AI code generation, the Feisuantech JavaAI development assistant realizes the input of development requirements through natural language or voice, precise requirement analysis and software design, and automatically outputs a complete set of engineering source code including configuration class files, Java source code directory resource files, and test resources, saying goodbye to the cumbersome work of manual "coding, SQL scripts, configuration files", etc.
Shanghai Guodi Center Will Launch the 2.0 Version of the Humanoid Robot "Deep Snake"
At the opening ceremony of the Guodi Center Embodied Intelligence Training Ground, Jiang Lei, the chief scientist of the National and Local Joint Humanoid Robot Innovation Center, said that in 2025, humanoid robots will begin to be mass-produced and widely applied starting from the elderly care service scene. He pointed out that the humanoid robot industry is growing rapidly, with an output value of CNY 2.76 billion in 2024, and it is expected to double to CNY 5.3 billion in 2025, and is expected to reach CNY 75 billion in 2029. Humanoid robots are regarded as a key technology to solve the aging problem, and 2025 will be the first year of mass production. In terms of technology, humanoid robots will integrate embodied intelligence, autonomous driving and other technologies to form a new scientific research paradigm. The Guodi Center will launch the 2.0 version of the humanoid robot "Deep Snake", and emphasizes the importance of core technologies such as planetary reducers. (Cailian Press)
Tencent Hunyuan 3D AI Creation Engine Officially Launched
36Kr learned that according to Tencent, the Tencent Hunyuan 3D AI Creation Engine has been officially launched. This creation engine can directly generate 3D models through prompt words or pictures. In addition, it also has a variety of functions such as a 3D function matrix, 3D editing, 3D generation workflow, and a creative material library.
Today's Views:
Saudi Aramco CEO: China Is Driving Global Oil Demand Growth
On January 21 local time, Amin Nasser, CEO of Saudi Aramco, said in an interview with the media that global oil demand is expected to increase by about 1.3 million barrels per day this year to 106 million barrels per day. Nasser said that the "good" demand from China is still driving global oil demand growth, "China and India account for nearly 40% of the global oil consumption growth, and the demand is increasing year by year". (Jiemian)
Lei Jun: The Delivery Volume of Xiaomi SU7 Exceeded Tesla Model 3 Last Month
36Kr learned that Lei Jun, Chairman and CEO of Xiaomi Group, reposted the Weibo of Li Xiaoshuang, Vice President of Xiaomi Automobile, and said that the delivery volume of Xiaomi SU7 exceeded Model 3 last month. The pure electric car sales list posted by Li Xiaoshuang shows that in December 2024, the sales volume of Xiaomi SU7 was 25,815 units, ranking fifth; the sales volume of Tesla Model 3 was 21,046 units, ranking sixth.
Pan Jian, Co-Chairman of CATL, said at the Davos Forum that CATL announced in December last year to establish a joint venture power battery factory with Stellantis in Spain. CATL is also expected to announce a new joint venture factory project with other original equipment manufacturers (OEMs) in Europe this year. Including the joint venture factory in Spain, CATL has currently deployed three battery factories in Europe. (Jiemian)
China National Nuclear Corporation: Elect Lu Tiezhong as the Company's Chairman
36Kr learned that China National Nuclear Corporation issued an announcement that after a vote by all directors, Lu Tiezhong was elected as the chairman of the company's fifth board of directors. The term of office is from the date of approval by the board of directors until the expiration of the company's fifth board of directors.
Other News Worth Paying Attention To:
The Ministry of Commerce Held a Roundtable for European Enterprises
36Kr learned that according to the Ministry of Commerce, on January 21, Ling Ji, Vice Minister of Commerce and Deputy Representative for International Trade Negotiations, presided over a roundtable for European enterprises to listen to the problems and suggestions of European enterprises in China. Ling Ji said that China-EU economic and trade cooperation has a solid foundation, with deep integration of industrial and supply chains and value chains, strong cooperation momentum, and great potential. China not only has a vibrant and super-large market, but also has a complete industrial and supply chain, a concentration of innovation resources, and a rich application scenarios. It is an important part of the global market, which is conducive to long-term investment by European enterprises. European enterprises are welcome to give full play to their own advantages and improve their own competitiveness by investing in and deeply cultivating the Chinese market. The Ministry of Commerce will continue to provide good service guarantees for foreign-funded enterprises, including European enterprises, in their investment and operation in China.