Krypton Evening News | Citroën appoints a new CEO; HarmonyOS-powered computers are officially launched, marking an important breakthrough for domestic operating systems in the PC field; The Ministry of Finance decides to conduct market-making support operations for government bonds.
Large Companies:
36Kr learned that on May 18th, International Museum Day, Baidu Baike officially launched the "Digital Cultural Relic Protection Plan". National - level cultural relics lost overseas, such as the bronze statues of the 12 animal heads from the Old Summer Palace, the Liao - Dynasty tri - colored arhat statues, and the Northern Song Dynasty porcelain pillow inscribed with "Peace for the Country and Home", can be "experienced on - site" without going abroad. Just search for "Return of Overseas Cultural Relics" on Baidu. In the first batch, 475 3D digital cultural relics were launched. It is reported that Baidu Baike uses ACG image - to - 3D and image - to - video technologies to create high - precision AI digital avatars for Chinese cultural relics lost overseas, and constructs an online cultural relic viewing experience in combination with relevant entries.
36Kr learned that at 8 p.m. on May 16th, the first wave of early purchases for Tmall's 618 officially started. On the first day of the opening, Alimama helped more than 1.4 million merchants grow their business, and the sales of 100,000 products doubled. Alimama's WXT Unbounded Edition "Super Live" helped more than 18,000 live - streaming rooms achieve an almost six - fold explosive growth in sales. In addition, Alimama's 3 billion yuan in red envelope subsidies for this 618 are being distributed successively, and some merchants have received high - value subsidies of up to 600,000 yuan.
On May 19th, Stellantis announced that Xavier Chardon has been appointed as the CEO of the Citroën brand, and this appointment will take effect on June 2nd, 2025. He will report to Jean - Philippe Imparato, the expanded European COO of Stellantis.
Nissan discusses discontinuing the commercial vehicle "NV200 VANETTE"
According to Kyodo News, Nissan Motor Co., Ltd. is discussing discontinuing the commercial vehicle "NV200 VANETTE" manufactured at the Shonan Plant (Hiratsuka City, Kanagawa Prefecture) of its subsidiary "Nissan Shatai". Among Nissan's plans, the option of closing the Shonan Plant has been mentioned. The NV200 VANETTE, which has weak sales growth, will not be transferred to other plants for production. Nissan plans to cut models to reduce costs. Nissan is discussing transferring the employees of the Shonan Plant to the group company "Nissan Shatai Kyushu" (Karata - machi, Fukuoka Prefecture). One proposal is to have the employees participate in the production of the large SUV "PATROL", which is popular in the Middle East and other regions, and the new large - sized RV "ELGRAND" planned to be launched in 2026.
The Spanish government orders Airbnb to block more than 65,000 illegal vacation rental listings
On May 19th, the Spanish government stated that due to Airbnb's violation of existing relevant regulations, it has ordered the platform to block more than 65,000 illegal vacation rental listings on its platform. Previously, Spanish government departments had issued three resolutions to Airbnb, ordering it to withdraw a total of 65,935 tourism housing advertisements.
The personal computer that first applies the Hongmeng operating system was officially launched in Chengdu this afternoon (May 19th), which marks an important breakthrough for domestic operating systems in the personal computer field.
New Products:
The starting price of Huawei's first Hongmeng folding computer is 23,999 yuan
On May 19th, Huawei officially launched two Hongmeng computers: the first Hongmeng folding computer, Huawei MateBook Fold Master Edition, and the Huawei MateBook Pro, both of which are equipped with the HarmonyOS 5 system. The starting price of the Huawei MateBook Fold Master Edition is 23,999 yuan, and the starting price of the Huawei MateBook Pro is 7,999 yuan.
Vidda launches the C3 series of three - color laser projectors
36Kr learned that Vidda recently launched new products in the C3 series of three - color laser projectors, including the C3s, C3 Ultra, and C3 Pro. The entire series is equipped with MCL39 lasers, MT9681 chips, and optical zoom lenses, supports Dolby Vision, and has passed the JD brightness certification. Among them, the C3 Ultra and C3 Pro even achieve 1.67 - fold optical zoom.
NVIDIA launches the NVIDIA RTX PRO server
On May 19th, on the first day of the Taipei COMPUTEX 2025, NVIDIA announced the launch of the NVIDIA RTX PRO server and the NVIDIA Enterprise AI Factory Verified Design, aiming to accelerate the transformation of the multi - trillion - dollar enterprise IT data center infrastructure into an AI factory. The NVIDIA RTX PRO server supports up to eight RTX PRO 6000 Blackwell GPUs, integrates the NVIDIA BlueField - 3 Data Processing Unit (DPU), and the NVIDIA ConnectX® - 8 SuperNIC with a built - in PCIe Gen 6 switch, and can become the core power of an AI factory.
Investment and Financing:
36Kr learned that PetBeibei, a comprehensive pet O2O service platform, announced that its subsidiary brand, Elvis Valley, received strategic investment from angel investor Cheng Xiaohua in its angel round, which will promote the accelerated implementation of the "online + offline" dual - wheel - drive model and reshape the service standards for pet live - animal trading. The positioning of Elvis Valley for this investment is a full - life - cycle service platform for pets. It is revealed that Elvis Valley has opened an offline store in Foshan. In June this year, the second store will open in Nanshan District, Shenzhen. It is expected that there will be more than 10 directly - operated stores within this year, franchising will be opened at the end of the year, and the number of stores is expected to reach 50 next year.
Hangzhou Yihui Technology Co., Ltd. completes tens of millions of yuan in pre - A round financing
36Kr learned that Hangzhou Yihui Technology Co., Ltd. announced the completion of its pre - A round of financing, led by Jilu Assets, with several industrial capitals such as Zhongtian Capital and Shengyin International following the investment. It is understood that the first batch of investment funds is 46 million yuan, and additional investment will be made according to the growth of market data in the future. All parties signed a strategic investment agreement in Hangzhou Xitou.
Today's Views:
36Kr learned that recently, the State Administration of Foreign Exchange released the data on bank settlement and sales of foreign exchange and banks' overseas payments on behalf of customers for April 2025. Li Bin, the deputy director and spokesperson of the State Administration of Foreign Exchange, said that in April, the cross - border capital inflow of non - bank sectors such as enterprises and individuals reached 17.3 billion US dollars. From the perspective of major channels, first, China's foreign trade showed a certain degree of resilience, and the cross - border capital inflow under the goods trade reached 64.9 billion US dollars, maintaining a relatively high level. Second, foreign investors' willingness to allocate RMB assets continued to improve. In April, foreign investors net - increased their holdings of domestic bonds by 10.9 billion US dollars, which was at a relatively high level. In late April, foreign investment in domestic stocks turned to net buying. Third, the main outflow channels were stable and orderly. In April, the net outflow of service trade funds was basically flat compared with the previous month; the seasonal increase in the remittance of foreign - invested enterprises' profits was lower than that of the same period last year; inbound and outbound direct investment was basically stable, and the cross - border capital flow of related - party enterprise lending changed from net outflow to basically balanced.
At the Shenzhen Stock Exchange's 2025 Global Investor Conference, Shen Li, Managing Director of Morgan Stanley and Head of China On - shore Equity Business, said that the progress of Sino - US trade negotiations exceeded expectations, which helped boost the risk appetite of international investors. At the Morgan Stanley China BEST Conference, more than 80% of investors said they might increase their exposure to Chinese stocks in the near future. He believes that the valuation attractiveness of the Chinese market is still significant. Overseas investors generally have high expectations for the growth potential of enterprises in sectors related to technology or artificial intelligence R & D, new consumption, and high - end manufacturing, and have started to make more active arrangements in these areas.
Other Noteworthy News:
The Ministry of Finance decides to conduct treasury bond market - making support operations
36Kr learned that the Ministry of Finance issued a notice stating that in order to support treasury bond market - making, improve the liquidity of the secondary market for treasury bonds, and improve the treasury bond yield curve that reflects market supply and demand, the Ministry of Finance decides to conduct treasury bond market - making support operations.
36Kr learned that recently, with the approval of the State Council, the Ministry of Industry and Information Technology, the National Development and Reform Commission, the Ministry of Education, the Ministry of Science and Technology, the Ministry of Finance, the State Administration for Market Regulation, the National Financial Regulatory Administration, the National Intellectual Property Administration, and the China Association for Science and Technology jointly issued the "Implementation Opinions on Accelerating the High - Quality Development of the Science and Technology Service Industry" (hereinafter referred to as the "Implementation Opinions"). Guided by the principles of innovation - driven, market - oriented, integrated development, systematic promotion, and quality - first, it aims to strengthen service providers, optimize the development ecosystem, enhance service capabilities, achieve scale growth and quality improvement, accelerate the transformation and industrialization of scientific and technological achievements, and strongly support the integrated development of scientific and technological innovation and industrial innovation.