36氪_让一部分人先看到未来

At present, several candidates have been arranged to be trained in different positions.

TOP3 Big News

Dong Mingzhu Says She Has Found a Successor for Gree

According to the Hunan Daily, on February 20, Dong Mingzhu, the Chairperson and President of Zhuhai Gree Electric Appliances Inc., revealed in the "Zhuojian" program that the issue of Gree Electric Appliances' successor has been arranged, and currently, there are three to four potential candidates. Dong Mingzhu stated in the program that Gree's successor plan is not an empty talk but a well-considered strategic layout. She pointed out that several candidates have been arranged to undergo training in different positions, and the key is to screen out the most suitable person for Gree's future development through practice. (Hunan Daily)

In 2025, 8 Provinces Will No Longer Divide Arts and Sciences, and the Number of College Entrance Examination Applicants May Continue to Rise

On February 19, a reporter from China Business News learned from the Ministry of Education that the national unified examination time for the college entrance examination in 2025 has been determined and will be held on June 7 and 8. In 2025, China will continue to steadily promote the comprehensive reform of the college entrance examination. The fifth batch of the new college entrance examination is about to be implemented. Eight provinces, including Shanxi, Inner Mongolia, Henan, Sichuan, Yunnan, Shaanxi, Qinghai, and Ningxia, will no longer divide arts and sciences and officially implement the "3 + 1 + 2" model. It is understood that 21 provinces in China have implemented the new college entrance examination in four batches previously.

In addition, population experts predict that the number of college entrance examination applicants in 2025 may continue to increase. Official data shows that the number of national college entrance examination applicants in 2024 reached 13.42 million, an increase of 510,000 compared with the previous year. Population scholar He Yafu analyzed to the reporter that the high school graduates in 2025 are mainly the birth population in 2007. Although the number of births in 2007 is not particularly outstanding, in recent years, the admission rate of regular high schools has continued to increase, and the number of repeat students has also been increasing. Therefore, the number of college entrance examination applicants in 2025 is likely to continue to grow. (China Business News)

Pokémon Claims 107 Million Yuan, "Pokémon: Replica" Mobile Game Offline and Issues Apology Statement

According to IT Home on February 20, in September 2024, the Pokémon official website released the "First Instance Judgment Announcement on the Case of Infringement of the Company's Copyright and Unfair Competition Behavior by 'Pokémon: Replica'". The court's first instance judgment requires Guangzhou Maichi Network Technology Co., Ltd. to compensate the Pokémon Company for economic losses and reasonable expenses for rights protection totaling 107 million yuan. IT Home notes that Guangzhou Maichi Network Technology Co., Ltd., the developer of the mobile game "Pokémon: Replica", recently issued a public apology statement, admitting its infringement and announcing the removal of the game from the shelves. (IT Home)

Big Companies/Big Events

200 Chinese Suspected Fraudsters from Myawaddy Repatriated to China

According to CCTV News, on the afternoon of February 20, as a chartered flight of China Civil Aviation landed at Nanjing Lukou International Airport in Jiangsu Province, the Chinese police escorted the Chinese suspected fraudsters involved in fraud crimes in the Myawaddy area of Myanmar who were repatriated to China by Myanmar via Thailand. A total of 200 suspects in this batch will be escorted back on four chartered flights. It is expected that more than 800 Chinese suspected fraudsters involved in fraud crimes will be escorted back to China one after another in the coming days. This is a significant landmark achievement in the international police law enforcement cooperation among China, Myanmar and Thailand. (CCTV News)

Gree's Official Response to Changing the Name of Specialized Stores to "Dong Mingzhu Healthy Home": Mainly New Stores

Recently, Gree's offline specialized stores in many places across the country have been changing their signs to "Dong Mingzhu Healthy Home", and at the same time, several online live-streaming rooms related to Gree Electric Appliances have also been renamed to "Dong Mingzhu Healthy Home". In response, the relevant person in charge of Gree Electric Appliances said that "Dong Mingzhu Healthy Home" is actually Gree Electric Appliances' plan to comprehensively upgrade the terminal SI this year. "Dong Mingzhu Healthy Home" is mainly for new stores, but some stores will be upgraded based on the previous Dong Mingzhu stores. The person in charge also said that the threshold for opening a "Dong Mingzhu Healthy Home" is not low, and only merchants who are qualified to operate all types of household appliances will be authorized to open a store. "Not all merchants have this ability." Regarding the explanation of this "conditional", the person said, "This depends on the store size." However, regarding the cost of opening a store, the person did not disclose it, only saying: "Generally, we will support a part of the decoration cost." (Southern Metropolis Daily)

The three major U.S. stock indexes closed lower collectively, and most large technology stocks weakened.

36Kr learned that at the close of trading on February 20, the three major U.S. stock indexes closed lower collectively. The Dow Jones Industrial Average fell by 1.01%, the Nasdaq Composite Index fell by 0.47%, and the S&P 500 Index fell by 0.43%. Most large technology stocks weakened. Arm fell by more than 2%, Tesla, Amazon, Netflix, and Meta fell by more than 1%, and Google declined slightly; Nvidia, Microsoft, and Apple rose slightly. Popular Chinese concept stocks were mixed. Alibaba and Bilibili rose by more than 8%, JD.com and Weibo rose by more than 5%, and Baidu rose by more than 1%; iQIYI fell by more than 9%, NetEase fell by more than 2%, and XPeng Motors fell by more than 1%.

Jack Wu of Alibaba: Increase Investment in Three Major AI Fields in the Next Three Years

36Kr has learned that at the earnings analyst conference call for the third quarter of the fiscal year 2025, Jack Wu, CEO of Alibaba Group, stated that on the basis of continuing to focus on the three major business types of domestic and international e-commerce business, AI + cloud computing technology business, and Internet platform products, in the next three years, Alibaba will focus on the core of the AI strategy and increase investment in three major areas: First, invest in the infrastructure construction of AI and cloud computing; second, invest in the AI basic model platform and AI-native applications; third, invest in the AI transformation and upgrading of existing businesses.

DeepSeek Denies Financing Rumors

According to Jiemian News, regarding the news that "DeepSeek is considering conducting external financing for the first time", on February 20, as reported by Tencent Technology, some relevant person from DeepSeek stated that the financing news are all rumors. On the evening of February 19, as reported by the tech media The Information, DeepSeek is considering its first external financing. Insiders revealed that DeepSeek has internally started to discuss whether to accept external financing to obtain more AI chips and server resources. (Jiemian News)

Weibo's Integration with DeepSeek is Under Internal Testing

36Kr has learned that on February 20, the integration of Weibo Zhisou with DeepSeek is undergoing internal testing. Weibo CEO Wang Gaofei has posted multiple Weibo Zhisou contents on Weibo, such as "#Will the Increase in Social Insurance Costs Affect Riders' Incomes?##The Causes and Consequences of Oil Tankers#", etc. The DeepSeek R1 model, in combination with the existing discussion contents on Weibo, has provided clear conclusions. This integration of Weibo with DeepSeek not only helps improve the quality and experience of Weibo search, but also will provide intelligent services for users in more scenarios.

Yu Chengdong: First to launch the Turing Dragon Travel Platform, Angel Seat Active Safety Protection, and Huawei Galaxy Communication

The Hongmeng Zhixing Zunjie Technology Conference will be held on the 20th. Yu Chengdong, Executive Director of Huawei, Chairman of the Terminal BG, and Chairman of the Intelligent Vehicle Solution BU, announced on the spot "A new leap from passive intelligence to autonomous intelligence", and first launched the Turing Dragon Travel Platform, Angel Seat Active Safety Protection, and Huawei Galaxy Communication. (Securities Times)

Nezha 2 Breaks $10 Million Overseas Box Office in Just 4 Days, with a Cumulative Global Box Office Revenue of 12.4 Billion Yuan

According to Hummingbird News, with the astonishing box office record in China, "Nezha 2" has jumped into the top 8 most commercially successful animated films in history. As of February 19, the cumulative global box office revenue has reached 12.4 billion yuan. Last weekend, the film was released in the North American market, competing with the concurrently screened and heavily promoted blockbusters "Captain America 4" and "Paddington Bear 3". According to statistics from the international film data website Comscore, as of February 19, the cumulative global box office of "Nezha 2" this year has exceeded nearly $1.7 billion, firmly topping the annual box office chart and leading far ahead of other contemporary films. For example, the current global total box office of "Detective Chinatown 1900" and "The Lion King: Legend of Mufasa" is only around $450 million. Looking at the global box office on the 17th, "Nezha 2" also topped the list with $280 million, while the popular film "Captain America 4: New World Order" released concurrently in North America had a daily box office of only $180 million, paling in comparison. (Hummingbird News)

Ray Media Applies for Multiple Ne Zha 2 Character Trademarks

36Kr learned that according to the intellectual property information on Tianyancha, recently, the producer of Ne Zha 2, Beijing Ray Media Co., Ltd., has applied to register multiple word trademarks such as "Shen Zhengdao" and "Shen Xiaobao", as well as multiple character graphic trademarks such as the Immortal of Boundless Merit and Lady Shiji. The international classifications include buttons and zippers, kitchen and bathroom appliances, daily chemical products, etc. Currently, the trademark status is waiting for substantive examination. Beijing Ray Media Co., Ltd. was established in October 2004. Its legal representative is Wang Changtian, with a registered capital of 1.89 billion Chinese yuan. Its business scope includes radio and television program production, TV series production, and film distribution, and it is wholly owned by Enlight Media.

Ele.me: In 2023, the social insurance payment pilot for Blue Knights has been launched to accelerate the comprehensive protection of riders

On the afternoon of February 20, Ele.me's official WeChat public account posted that since February 2023, Ele.me, together with its ecological partners, has been carrying out pilots in some cities as planned to pay social insurance for Ele.me's Blue Knights, and continuously increasing the intensity and scope of special subsidies for stable riders. Ele.me stated that it will continue to implement various social insurance plans for new employment groups as advocated and required by policies, and comprehensively accelerate the promotion of comprehensive rights and interests protection for delivery riders. (Securities Times)

It is reported that 01Wanwu plans to split the digital human business

36Kr has learned from multiple independent sources that 01Wanwu, an AI unicorn founded by Kai-Fu Lee, has recently undergone many internal changes: It plans to split the digital human business, led by Yang Changpeng, the head of digital human business research and development at 01Wanwu. Lan Yuchuan, the head of the 01Wanwu AI video remix project, and the new project SparkView is an AI video editing tool. Regarding the above information, 01Wanwu responded: 01Wanwu had an income of more than 100 million yuan last year, and this year it will grow rapidly. 01Wanwu is not only continuously launching more applications to explore value. In this process, 01Wanwu will also quickly adjust the projects according to the market PMF, including strengthening the investment in some businesses, encouraging projects with commercial potential to conduct independent financing, and also including shutting down some projects.

Apple AI Confirmed to Launch Simplified Chinese in April, with New Features to Come Online Simultaneously

According to IT Home news, after the launch of iPhone 16e, Apple updated the official pages of iOS 18, iPadOS 18, and macOS Sequoia, further clarifying the release time of the next round of updates.

According to the latest information, Apple plans to launch the new Apple Intelligence (Apple Intelligence) features and language support in early April. Compared with the previously mentioned April time range, the time given this time is more specific. This update will include iOS 18.4, iPadOS 18.4, and macOS Sequoia 15.4. Apple plans to add support for Simplified Chinese, English (India, Singapore), French, German, Italian, Japanese, Korean, Portuguese (Brazil), and Spanish for Apple Intelligence in these updates, while more languages such as Vietnamese will be launched later in 2025. (IT Home)

Microsoft Releases Quantum Chip, Saying Quantum Computers Are Expected to Come Out Within Several Years

According to The Paper, on February 19 local time, Microsoft released its first quantum computing chip named Majorana 1, stating that the chip uses a new state of matter, making it the "world's first topological object". Microsoft said that with this chip, the company expects to be able to develop a quantum computer that can solve "meaningful industrial-scale problems" in the next few years, rather than the decades previously expected by the scientific community.

According to Microsoft, the company has spent 17 years working on this research project, which is the company's longest-running research project. The Majorana 1 quantum chip uses 8 topological qubits and uses semiconductor indium arsenide and superconductor aluminum in the construction process, hoping to eventually be expanded to integrate 1 million qubits. Zulfi Alam, vice president of Microsoft Quantum, said that the Majorana 1 quantum chip "will fundamentally redefine the next stage of the quantum journey". (The Paper)

Airbus CEO: If tariffs affect deliveries to the US, non-US customer needs will be prioritized

On Thursday (February 20), Airbus CEO Guillaume Faury said that if tariff policies disrupt the company's imports in the US, the European aircraft manufacturer may prioritize delivering products to non-US customers. When talking about the company's performance in an interview with the media, Faury said: "We have a significant demand from other parts of the world. Therefore, if we encounter very significant difficulties in delivering to the US, we can make adjustments and deliver products to other customers who are eager for aircraft in advance." (Caixin)

Google Pays €326 Million in Back Taxes to Italy to Settle Tax Dispute

According to the news on February 20 local time, the US Internet giant Google has paid €326 million in back taxes to the Italian Tax Agency. The Milan Prosecutor's Office has submitted an application to the judge to end the investigation into Google's tax evasion case.

It was found that between 2015 and 2019, Google did not declare and pay taxes on the income generated in Italy. In 2017, Google paid €306 million in back taxes to the Italian tax authorities for the previous 15 years that it had not paid. (CCTV News)

The Supreme Court of Brazil requires the social media platform X to pay a fine of over 8 million reais

According to a ruling announced on the 20th local time, Justice Alexandre de Moraes of the Supreme Court of Brazil ordered the American social media platform X to pay a fine of 8.1 million reais (approximately 1.42 million US dollars) because the platform did not comply with the judicial order. The legal representative of the X platform in Brazil refused to comment. (CCTV News)

Tesla Says It Will Pilot Virtual Queuing at Supercharger Stations and Continue to Expand the Charging Network at a Rate of More Than 20% Annually

Tesla said on the 19th local time that it will launch a virtual queuing system at selected Supercharger stations in the second quarter, which will help alleviate confusion and reduce waiting times. The company said that if the feedback on the virtual queuing pilot is positive, the system will be rolled out on a broader basis. The company said: "We will also continue to expand the network at a rate of more than 20% per year, closely monitoring demand at the station level." (Sina Finance)

Toyota Unveils New Hydrogen Fuel Cell with 20% Increased Range

It is reported that Toyota Motor Corporation publicly displayed the new hydrogen fuel cell (FC) system for the first time at an exhibition in Tokyo on the 19th. The range, which was one of the difficulties in achieving a hydrogen energy society, has been increased by approximately 20% and the cost has been reduced through this system. Not only for passenger vehicles, but the system can also be installed in commercial vehicles such as large trucks, where the demand is expected to increase. Toyota plans to launch it in markets such as Japan, Europe, North America, and China from 2026. The new FC system can change the number of components called "Cell" according to the size of the vehicle, covering from large vehicles to small ones. The durability has also been doubled, allowing for a driving range of more than 1 million kilometers. (Caixin News Agency)

Mercedes-Benz expects a significant decline in profits this year and plans to cut production costs by 10% in the next few years

The German automaker Mercedes-Benz said on the 20th that it expects a significant decline in profits this year and outlined a plan to enhance competitiveness, including cutting production costs by 10% in the next few years. The company said it expects sales of cars and vans to be slightly lower this year than in 2024, and its adjusted sales margin for the automotive division is guided at 6% - 8%, lower than 8.1% in 2024. Mercedes-Benz reduced the 2024 dividend from €5.30 per share in 2023 to €4.30 and decided to repurchase up to €5 billion worth of shares within a 24-month period. (Sina Finance)

The German automotive and pharmaceutical industries condemn the US tariffs

The German Association of the Automotive Industry said on the 19th that the US plan to impose a tariff of about 25% on imported cars is a "provocation" and called on the EU to reach an agreement with the US. The association's chairman, Müller, said that using tariffs as a negotiation tool is wrong, and the risk of a global trade conflict having a negative impact on the global economy is high. The German Chamber of Commerce and Industry said that Trump's imposition of tariffs on imported cars will seriously damage the German automotive industry. In addition, the German pharmaceutical industry is worried about the upcoming trade conflict with the US. The German Federation of Pharmaceutical Research and Producers said on the 19th that the imposition of tariffs may have a considerable impact and even affect the supply of drugs to patients. (CCTV News)

The Forefront of AI

xAI Claims Grok 3 Will Be Provided for Free

36Kr has learned that xAI, the artificial intelligence company under Elon Musk, announced that the Grok 3 model is now available for free use (until the server crashes). Users who subscribe to X Premium+ and SuperGrok services will not only be able to prioritize the experience of advanced functions such as the voice mode but also will obtain in-depth usage rights of Grok 3. On February 20, the Grok application of xAI, the artificial intelligence company under Elon Musk, rose to the top of the free App list in the US App Store, surpassing OpenAI's ChatGPT App. (36Kr, Jiemian News)

Tencent Wealth Management Link integrates the Fully Powered DeepSeek-R1 Model and Launches a Financial AI Assistant

36Kr has learned that on February 20, Tencent Wealth Management Link officially integrated the fully powered DeepSeek-R1 model and simultaneously supports the Tencent Hunyuan large model. Users can download the Tencent Wealth Management Link App and experience it by clicking the search box on the homepage or entering the stock market section. It is understood that Tencent Wealth Management Link has previously launched AI services, which are applied in scenarios such as the Wealth Management Link community and intelligent customer service. After upgrading and integrating with DeepSeek, Tencent Wealth Management Link further consolidates professional financial information data, WeChat official account articles, and other resources, making its financial services more professional and timely.

US Research Institution Releases Largest AI Model Evo 2 in Biology Field

The Arc Institute in the US released a communique on its official website on the 19th, stating that the artificial intelligence (AI) biology model Evo 2, jointly developed by researchers from the institute, US chipmaker NVIDIA, and Stanford University in the US, was officially released on the same day. The communique said that based on the previous generation model Evo 1, Evo 2 has evolved into the largest AI model in the biology field at present. This model is trained based on 9.3 trillion nucleotides from more than 128,000 genomic data. (Xinhua News Agency)

Investment and Financing

"SenseTime Healthcare" Completed Over 100 Million Yuan Pre-A Round Financing

36Kr learned that "SenseTime Healthcare" has recently completed the first round of financing of over 100 million yuan. Yingfeng Holdings and Renwei Technology Development Company, an investment platform under People's Medical Publishing House, jointly led the investment, and several investment institutions followed the investment. This financing will be used to promote the research and development and implementation of its medical large model "Dayi" and the "SenseCare® Smart Hospital" comprehensive solution, as well as to continuously consolidate commercial cooperation.

"Qingti Diandan" Secures Tens of Millions of Dollars in Series A Financing

36Kr has learned that "Qingti Diandan," a product of Hebei Juliwangluo Technology Co., Ltd., has received tens of millions of dollars in Series A financing, led by VentureSpring Capital and Global Growth Partners. The funds will be used to upgrade the "in-store + takeout" solution, with core functions including: NFC second-ordering (efficiency increased by 40%), intelligent scheduling (cost reduction by 18%, fulfillment rate of 98%), and full-scenario coverage. The solution breaks through the commission pressure through "in-store customer attraction + takeout cost reduction", with an average of 100,000 orders per day for three years, covering hundreds of cities.

"Deep Synthesis" Secures Tens of Millions of Yuan in Angel Round Financing

36Kr has learned that "Deep Synthesis" has recently completed an angel round financing of tens of millions of yuan. This round of financing is invested by Houxue Capital, Lihe Finance, and Xiaomiao Langcheng. The raised funds will be mainly used for the construction of an automated click chemistry laboratory, as well as the establishment of an azide compound library and an AI data base.

Big Company Financial Reports

NetEase: Achieve a total revenue of 105.3 billion yuan in 2024, with an annual R & D investment of 17.5 billion yuan

36Kr learned that NetEase released its fourth-quarter and full-year financial report for 2024. The financial report shows that NetEase achieved a total revenue of 105.3 billion yuan in 2024, of which it achieved a revenue of 26.7 billion yuan in the fourth quarter. The annual revenue of games and related value-added services was 83.6 billion yuan, and the revenue in the fourth quarter was 21.2 billion yuan. Thanks to the outstanding performance of agent games such as "Naraka: Bladepoint" for PC, "World of Warcraft" and "Hearthstone", the PC game revenue in the fourth quarter increased by 57% year-on-year. In addition, NetEase's R & D investment in 2024 was 17.5 billion yuan, which is also the fifth consecutive year that NetEase's R & D investment has exceeded 10 billion yuan.

Bilibili: Net income of 26.83 billion yuan in 2024, with a year-on-year growth of 19%

Bilibili announced on February 20 that the total net income for the fourth quarter of 2024 was 7.73 billion yuan ($1.0596 billion), and for 2024 it was 26.83 billion yuan ($3.6759 billion), with year-on-year growth of 22% and 19% respectively. The adjusted net profit for the fourth quarter was 452 million yuan ($61.9 million), while the adjusted net loss for the same period of the previous year was 555.8 million yuan. In 2024, the adjusted net loss was 39 million yuan ($5.3 million), shrinking by 99% year-on-year. (Jiemian News)

Luckin Coffee: Total net revenue of 34.475 billion yuan in 2024, with a year-on-year growth of 38.4%

36Kr learned that Luckin Coffee disclosed its fourth-quarter and full-year financial reports for 2024. In 2024, Luckin Coffee's total net revenue was 34.475 billion yuan, with a year-on-year growth of 38.4%; In 2024, the company opened 6,092 new stores throughout the year, and the total number of stores reached 22,340 by the end of the year; The average monthly number of transaction customers in 2024 was 71.8 million, with a year-on-year growth of 48.5%.

Renault Group: Revenue of 56.2 billion euros in fiscal year 2024, with a year-on-year growth of 7.4%

36Kr learned that Renault Group released its fiscal year 2024 financial report. The financial report shows that in fiscal year 2024, Renault Group's revenue reached 56.2 billion euros, with a year-on-year growth of 7.4%, and a 9.0% growth at constant exchange rates (compared to 2023). Net income was 2.8 billion euros (excluding capital losses due to the disposal of Nissan shares, Nissan's contribution, and partial impairment of Nissan's investment, totaling -2.0 billion euros, with a year-on-year growth of 21%), with a year-on-year growth of 21%. As of December 31, 2024, the net cash financial situation of the automotive business set a record, reaching 7.1 billion euros, an increase of 3.4 billion euros compared to December 31, 2023, almost doubling.

Cool Products

iFLYTEK Releases Fully Domestic Integrated Machine

36Kr has learned that recently, iFLYTEK has launched two fully domestic AI infrastructure products: the Spark DeepSeek Tower Integrated Machine and the Spark DeepSeek Integrated Machine. Both products adopt a fully domestic technical architecture from the underlying chip to the upper-level application, ensuring a closed-loop of data security through physical isolation. Among them, the iFLYTEK Spark DeepSeek Tower Integrated Machine supports flexible deployment in the office, and the iFLYTEK Spark DeepSeek Integrated Machine is suitable for deployment in the computer room, covering a variety of deployment scenarios to help developers and technology innovation enterprises accelerate business innovation.

Micron Releases New Solid State Drive Product 4600 PCIe 5.0 NVMe SSD

On February 20, Micron Technology, an American memory chip manufacturer, announced the launch of the Micron 4600 PCIe 5.0 NVMe SSD solid-state storage drive. This product is designed for gamers, creators, and professionals. The 4600 SSD is Micron's first PCIe 5.0 SSD, featuring Micron's G9 TLC NAND technology. It has a sequential read rate of 14.5GB/s and a sequential write rate of 12.0GB/s, with performance twice as high as the previous generation products. (Jiemian News)

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