Krypton Evening News | Didi's overseas charter service launches in 26 cities across 11 countries; JD.com and Xiaohongshu launch the "Red JD Plan": Xiaohongshu ads can redirect to JD.com shopping pages; XPeng MONA 03 launches the MAX version.
Large companies:
Lenovo Launches "Youth with AI" Education Special Offer Program for College Students
36Kr learned that Lenovo officially announced the launch of the "Youth with AI" education special offer program for college students. This program focuses on three core benefits: purchase, service, and growth. By integrating corporate and campus resources, it creates a complete cultivation chain for college students from the application of technical tools to the development of professional competitiveness. It is reported that as the core part of the "growth benefits" in Lenovo's "Youth with AI" program for college students, the Lenovo College Student AI Elite Challenge uses Tianxi Personal Super Intelligent Agent, Lenovo moto AI phones, and Lenovo AI tablets as technical carriers, and conducts AI application development competitions around three scenarios: learning, entertainment, and job - hunting.
Anna Van Acker, President of Merck China, Steps Down
Anna Van Acker, Senior Vice President of Merck globally and President of Merck China, has stepped down from her position as President of Merck China. She will leave China and return to Europe for a new role. Merck China did not comment on inquiries from Yicai. (Yicai)
Sinopec Establishes Xinyuan Electronic Materials Company in Shanghai with a Registered Capital of 1 Billion Yuan
36Kr learned that recently, Shanghai Xinyuan Electronic Materials Co., Ltd. was established, with Sun Qiming as the legal representative and a registered capital of 1 billion yuan. Its business scope includes the sales of electronic special materials. The equity penetration chart shows that the company is indirectly controlled by China Petroleum & Chemical Corporation.
Didi's Overseas Chartered Car Service Launches in 26 Cities across 11 Countries
36Kr learned that Didi's overseas chartered car service has been launched. The first batch of launched cities covers 26 cities in 11 countries such as Singapore, Malaysia, Thailand, Japan, and South Korea. Consistent with the domestic chartered car model, Didi's overseas chartered car service provides standard chartered car services. Taking Singapore as an example, there are currently three packages: 5 hours with 100 kilometers, 8 hours with 200 kilometers, and 300 kilometers within 10 hours. The vehicle models include comfortable 5-seaters, comfortable 7-seaters, luxury 5-seaters, luxury 7-seaters, and luxurious 7-seaters, meeting the needs of different numbers of passengers, sightseeing routes, and consumption scenarios.
Techpool Bio-Pharma: Yipei Growth Hormone Injection Approved for Market Launch
36Kr learned that Techpool Bio-Pharma issued an announcement stating that the official website of the National Medical Products Administration has announced that the company's submitted Yipei Growth Hormone Injection (brand name: Yipeisheng) has been approved for market launch. This drug is indicated for the treatment of slow growth caused by growth hormone deficiency in children aged 3 years and above.
Li Auto: Net profit in Q1 was 647 million yuan, down 81.7% quarter-on-quarter
36Kr learned that Li Auto released its financial report for the first quarter of 2025. The report shows that Li Auto's net profit in this quarter was 647 million yuan, a year-on-year increase of 9.4% and a quarter-on-quarter decrease of 81.7%. The total vehicle deliveries in the first quarter were 92,864 units, a year-on-year increase of 15.5%. It is expected that the vehicle deliveries in the second quarter of 2025 will range from 123,000 to 128,000 units, a year-on-year increase of 13.3% to 17.9%.
Fliggy: Some airlines have notified that the fuel surcharge will be reduced starting from June 5
36Kr learned that on May 29, Fliggy, an online travel service platform, stated that it had received notifications from some airlines that the collection standard for domestic flight fuel surcharges would be adjusted starting from 0:00 on June 5, 2025 (based on the ticketing time). The adjusted standard is as follows: For adult passengers, fuel surcharges will be waived for each passenger on routes of 800 kilometers (inclusive) or less; for routes over 800 kilometers, each passenger will be charged 10 yuan, a reduction of 10 yuan compared to before the adjustment. Xiang Min, the person in charge of Fliggy's domestic air ticket business, said that as the traditional peak tourist season, summer, is approaching, the demand for domestic civil aviation travel will enter a stage of rapid growth. This reduction in the fuel surcharge will accelerate the release of consumer demand.
The transaction volume of categories with national subsidies during Tmall 618 increased by 283% year-on-year
36Kr learned that as of May 26, in the first phase of Tmall 618, the total transaction volume of categories such as home appliances, home decoration, mobile phones, and digital products that participated in the national subsidy increased by 283% compared with last year's Double 11. The transaction volume of 40 brands, including Midea, Haier, Ecovacs, and Youshaumu, exceeded 100 million yuan. It drove double-digit year-on-year growth in the overall transaction volume of industries such as home appliances, home furnishings, home decoration, and 3C digital products. The year-on-year transaction volume of more than 3,000 brands doubled, releasing strong consumption vitality.
JD.com and Xiaohongshu Launch the "Hongjing Plan": Xiaohongshu Ads Can Redirect to JD.com Shopping Pages
36Kr learned that JD.com and Xiaohongshu have upgraded their strategic cooperation and launched the "Hongjing Plan". Specifically, starting from June 5th this year, except for some special categories, all brand merchants settled on JD.com can use the "Grass-Sowing Direct Access" function on Xiaohongshu. When placing ads on Xiaohongshu, they can add JD.com shopping links. Users can directly jump to the JD.com App by clicking on the ads, achieving a direct connection from content promotion to transaction conversion.
Yihetang: The entire staff uses Feishu and accelerates the enterprise's process of embracing AI
36Kr learned that Yihetang announced that its entire staff will use Feishu and accelerate the enterprise's process of embracing AI. At the same time, Yihetang and Feishu jointly held the "Efficiency Pioneer & AI Competition", focusing on the cutting - edge field of AI, stimulating employees' innovative thinking and practical ability, and exploring more innovative solutions to improve work efficiency and optimize service processes.
Investment and financing:
Series A Financing of Shandong Zhongyue New Energy Co., Ltd.
36Kr learned that recently, Shandong Zhongyue New Energy Co., Ltd. successfully completed a Series A financing of 48 million yuan. The funds from this round of financing will be precisely invested in the upgrading of core businesses. In the photovoltaic power generation segment, the funds will be used to expand large-scale ground-mounted photovoltaic power stations, introduce high-efficiency photovoltaic modules and intelligent operation and maintenance systems to improve power generation efficiency; in the direction of energy storage systems, it will focus on supporting the research and development of new lithium batteries and the construction of energy storage power stations to solve the problem of intermittency in new energy power generation; in the field of smart charging, it will accelerate the national layout of charging piles, develop an intelligent charging management platform, and optimize the user charging experience.
Chalk, a competitor to Databricks, completes $50 million Series A financing
Chalk, an artificial intelligence infrastructure startup, announced on Wednesday that it has completed a $50 million Series A financing round, with the company valued at $500 million. This financing round was led by Felicis. Based in San Francisco, Chalk is committed to helping enterprises quickly connect their proprietary data to artificial intelligence and machine learning models, enabling companies to make real-time decisions using AI. The company said that fintech companies like MoneyLion use Chalk to make instant decisions on fraud detection and loan approvals, while solar energy company Sunrun uses Chalk to determine the installation locations of rooftop solar panels. (Sina Finance)
New products:
Hongdao Embodied Intelligent Robot Operating System Released
36Kr learned that on May 29th, the press conference for the Hongdao Embodied Intelligent Robot Operating System was held in Beijing. As a national new - type industrialized operating system, the Hongdao Operating System pioneered the robot electronic architecture integrating the "big brain" and "small brain". With its core technologies such as micro - kernel architecture, high real - time determinacy, distributed collaborative computing, and safety and reliability, it was officially launched, providing key support for the domestic robot operating system to achieve self - control.
Tmall Genie's Whole-Home Intelligence Unveils Multiple Product and Technological Innovation Achievements
36Kr learned that on May 29th, the New Product Launch Conference of Tmall Genie's Whole-Home Intelligence and the FY26 Ecosystem Partners Conference were held at the Alibaba Xixi Campus in Hangzhou. At the event site, with the theme of "Initiating a New Smart Ecosystem and Co-creating an AI Home", Tmall Genie's Whole-Home Intelligence made a high-profile release of multiple product and technological innovation achievements, including Tmall Genie's Whole-Home Intelligence 2.0 and the Spatial Intelligence Agent. Meanwhile, the conference disclosed the latest progress of Tmall Genie's Whole-Home Intelligence "Hundred-City Lighthouse Plan": the offline experience stores have covered more than 30 cities across the country, and the store layout in over 100 core cities nationwide will be completed within the year. The flagship store in Hangzhou also had a grand opening on the day of the conference.
XPeng MONA 03 Launches MAX Version
36Kr learned that on May 28th, XPeng Motors launched the MONA M03 Max model, which is equipped with two NVIDIA Orin X chips and supports urban intelligent assisted driving capabilities. This model is available in two versions: the 502 long - range version and the 600 ultra - long - range version, with official guide prices of 129,800 yuan and 139,800 yuan respectively. According to XPeng Motors, the MONA 03 model received 12,566 firm orders within one hour of its launch, and the selection rate of the MAX version reached 83%.
Today's Viewpoint:
Agency: The combined revenue of the top five NAND Flash brand manufacturers in the first quarter was $12.02 billion
36Kr learned that according to TrendForce, in the first quarter of 2025, facing inventory pressure and a decline in end - customer demand, the average selling price (ASP) of NAND Flash suppliers decreased by 15% quarter - on - quarter, and the shipment volume decreased by 7%. Even though the prices of some products rebounded at the end of the quarter, driving up demand, the combined revenue of the top five NAND Flash brand manufacturers ultimately reached $12.02 billion, a quarter - on - quarter decrease of nearly 24%. Looking forward to the revenue performance in the second quarter, as the inventories of end - buyers gradually drop to a healthy level, the prices of NAND Flash have bottomed out and rebounded. Coupled with the fact that changes in the international situation have prompted some manufacturers to actively increase their purchases, it is estimated that the revenue of brand manufacturers in the second quarter is expected to increase by 10% quarter - on - quarter.
Other news worthy of attention:
Asia's Jet Fuel Exports to the U.S. West Coast in May to Reach a One-Year High
Shipping tracking data and three trading sources said that due to refinery outages in California driving up oil prices and import demand, Asia's jet fuel exports to the U.S. West Coast in May are expected to reach at least a one-year high. According to shipping tracking data from Kpler and estimates from two sources, exports in May (mainly from South Korea) are expected to be close to 600,000 metric tons (4.28 million barrels). Kpler data shows that the last time it was close to this level was in February last year. (Sina Finance)
Beijing Daxing Airport Expected to Transport 414,000 Passengers During the Dragon Boat Festival Holiday
36Kr learned that according to Beijing Daxing International Airport, during the Dragon Boat Festival holiday (from May 31 to June 2), Daxing Airport is expected to transport 414,000 passengers, with an average of about 138,000 passengers per day, a year-on-year increase of 8.5%. It is expected to handle 2,738 flights, with an average of about 913 flights per day, a year-on-year increase of 5.3%. The peak travel period will occur on May 30, when it is expected to handle 960 flights and transport 153,000 passengers.