Krypton Evening News | The URM general retrieval large model in Alibaba's LMA 2 advertising large model series made its debut at the TongAI Conference; Liufen Technology and AAC Technologies reached a comprehensive strategic cooperation; The main cable erection of the world's largest - span four - main - cable suspension bridge, with a total length of about 26 kilometers, was completed.
Large Companies:
36Kr learned that on May 26, the Ctrip Group Global Partners Conference was held in Shanghai, with more than 3,000 representatives from the tourism industry in 74 countries and regions around the world attending. Liang Jianzhang, co-founder and Chairman of the Board of Ctrip Group, and Sun Jie, CEO of Ctrip Group, announced a number of strategic initiatives at the conference: First, to set up a 1 billion yuan tourism innovation fund, aiming to support breakthrough and innovative development in the tourism sector and incentivize projects and individuals that have made outstanding contributions in tourism innovation scenarios; Second, to reach strategic cooperation with multiple international hotel groups from Thailand, Malaysia, and Indonesia to improve the service standards of the regional hotel service industry through joint marketing and service upgrades; Third, to jointly build a "two-way service hub" with 10 domestic destinations and 5 overseas tour operators in response to the national strategy of promoting inbound tourism.
36Kr learned that Fliggy AI's "Ask a Question" recently updated some of its functions. The accuracy of information query and generation of the "Intelligent Transportation Advisor" and "Hotel Advisor" in the product has been improved, and now covers information such as aircraft models, cabin classes, and hotel types; A new AI role, the "Member Assistant", has emerged, which can help users query their membership levels and corresponding exclusive benefits; The practicality of the hand-drawn itinerary map has also been significantly enhanced. In addition, "Ask a Question" has also optimized several basic functions, including the search engine input suggestion (SUG) function and the one-click generation of long travel plan images function.
36Kr learned that at the first International Conference on General Artificial Intelligence (TongAI Conference), Alimama first demonstrated its latest progress in AIGR (Generative Recommendation) in China, and the URM general recall large model in Alimama's LMA 2 advertising large model series made a grand debut. It is reported that this large model can more accurately predict consumers' potential shopping needs, bringing better advertising results to merchants and a better shopping experience to consumers.
Liufen Technology Reaches a Comprehensive Strategic Cooperation with AAC Technologies
36Kr learned that recently, Liufen Technology announced a comprehensive strategic cooperation with AAC Technologies. The two parties will establish a collaborative innovation mechanism and closely cooperate to meet the future needs of high-precision positioning and attitude measurement and intelligent applications, and realize the industrial application of high-precision positioning services and high-precision positioning core components. It is reported that Liufen Technology focuses on providing high-precision positioning product services, is compatible with the Beidou satellite navigation and positioning system, and is also compatible with GPS, Galileo, and GLONASS systems. It has the global positioning service ability of software-hardware integration and independently develops high-precision positioning GNSS modules, IMU modules, and integrated communication and navigation T-BOX and other terminal hardware products.
Fujie Environmental Protection: Signs a Major Routine Business Contract Worth 244 Million Yuan
36Kr learned that Fujie Environmental Protection announced that recently, the company signed the "Procurement and Associated Services Contract for the Sludge Drying and Granulation System, Deodorization System and Their Supporting Equipment for the Third-phase Expansion Project of Bailonggang Wastewater Treatment Plant, BLG3-2.3 Bid" with Beijing General Municipal Engineering Design & Research Institute Co., Ltd. The contract amount is tentatively set at 244 million yuan (including tax). If there are any reductions or additions to the project during the implementation process, the contract amount will be adjusted accordingly to form the final contract settlement price.
Homay Solar: Signs a 1 Billion Yuan Household Photovoltaic Cooperation Agreement
36Kr learned that Homay Solar announced that Homay Solar and its wholly-owned subsidiary signed a cooperation agreement with Huarong Financial Leasing Co., Ltd. The subject of this contract is the maintenance and repair services of household photovoltaic system equipment and power station equipment provided by the company. It is estimated that the cooperation scale will be 1 billion yuan within 3 years from the effective date of this agreement (subject to actual situation). The specific amount shall be subject to the actually signed sales orders. This contract is a major routine business contract for the company and is expected to have a positive impact on the company's operating performance in 2025 and subsequent years.
Taobao Flash Sale and Ele.me Jointly Exceed 40 Million Daily Orders
36Kr learned that on May 26, Taobao Flash Sale and Ele.me jointly announced that the daily order volume has exceeded 40 million. Data shows that non-tea beverage orders on Taobao Flash Sale account for 75%, and the growth of non-meal category orders far exceeds expectations. At the same time, Taobao Flash Sale effectively guarantees the fulfillment level, and the on-time order rate reaches 97%.
Fosun Pharma: Its Subsidiary HLX22 Receives Orphan Drug Designation in the EU
36Kr learned that Fosun Pharma announced that its subsidiary Henlius Europe GmbH received a letter from the European Commission, and HLX22 (Recombinant Humanized Anti-HER2 Monoclonal Antibody Injection) for the treatment of gastric cancer has received orphan drug designation. HLX22 is a new anti-HER2 monoclonal antibody independently developed by Fosun Pharma under a license from AbClon, Inc., and is intended for the treatment of solid tumors such as gastric cancer and breast cancer. This designation will help HLX22 enjoy policy support in subsequent R & D, registration, and commercialization in the EU. However, new drug R & D involves risks, including the possibility of clinical trial termination.
New Products:
NIO's New ET5 and ET5T Are Equipped with Senlingdong 4D Imaging Radar
36Kr learned that on the evening of May 25, NIO's new ET5 and ET5T were launched, equipped with Senlingdong 4D imaging radar. It is understood that the 4D imaging radar generates a higher-resolution point cloud map through the improvement of complex antenna arrays, waveform design, and signal processing algorithms. And through the unique penetration characteristics of millimeter waves, it can more accurately and timely capture the target tracking and perception behind obstacles, identify hidden risks earlier than the human eye and optical sensors, and thus achieve effective, accurate, and early risk warning.
Investment and Financing:
36Kr learned that recently, Guangzhou Deng's Grandma Operation and Management Co., Ltd. announced the completion of a Series B financing of tens of millions of yuan, which was exclusively invested by Zhongjing Investment Holding (Hainan) Co., Ltd. The financing funds will be used to deepen the supply chain construction, accelerate the expansion of the regional market, and promote product R & D and innovation.
36Kr learned that recently, Zhongjiang Minda International Engineering Design Co., Ltd. completed a Series A financing of 10 million yuan. This round of financing will be used to deepen technology R & D, introduce advanced design software and digital management platforms, and improve design efficiency and quality; At the same time, expand the professional talent team, focus on recruiting high-end talents in fields such as planning, architecture, and municipal engineering, and help the company further expand the market and improve its national layout.
Weichuangxiang Technology (Beijing) Co., Ltd. Receives 20 Million Yuan in Series A Financing
36Kr learned that recently, Weichuangxiang Technology (Beijing) Co., Ltd., a zero-code intelligent automation technology service provider, received 20 million yuan in Series A financing, jointly invested by Bailian Capital and Kih Fund. The financing funds will be mainly used for product R & D iteration and market expansion.
Today's Views:
UBS Survey: Electric Vehicle Sales Are Still Expected to Maintain an Upward Trend
UBS expects that the overall growth trend of electric vehicles will still be better than what the survey shows, and sales are still expected to increase. In UBS's model, the bank currently predicts that the compound annual growth rate of global electric vehicle sales from 2024 to 2027 will be 17% (previously predicted to be 22%), mainly due to the slowdown in the growth trend of the US market. The bank predicts that the global electric vehicle penetration rate will be 25% in 2025 (previously predicted to be 26%) and will rise to 41% in 2030 (previously predicted to be 49%). (Caixin)
Other Noteworthy News:
It is reported that Japan plans to allocate 900 billion yen in national funds for the US tariff emergency assistance program. (Jiemian)
On May 26, with the successful erection of the last cable strand, the Yanjie Yangtze River Bridge successfully completed the main cable erection, laying a solid foundation for subsequent key nodes such as steel truss girder hoisting and main bridge closure. It is reported that the Yanjie Yangtze River Bridge is the world's longest four-main-cable suspension bridge, with a total project length of about 26 kilometers and a main span of 1,860 meters. The upper layer is a highway with a design speed of 100 kilometers per hour, and the lower layer is an urban expressway with a design speed of 80 kilometers per hour. (CCTV News)