36Kr Evening News | Xiaomi aims to sell 200 million mobile phones globally per year; Unitree Technology adds retail of publications to its business scope; Spotify fined 58 million Swedish kronor for data protection violations
Large Companies:
Spotify Fined 58 Million Swedish Kronor for Data Protection Violations
On June 3rd, the Stockholm Court of Appeal in Sweden stated that since it was found that the music streaming platform Spotify failed to handle the rights of data subjects in accordance with the EU's General Data Protection Regulation, the court ruled to fine Spotify 58 million Swedish kronor. (Jiemian)
Xiaomi Aims for Annual Global Sales of 200 Million Mobile Phones
According to Shell Finance, at Xiaomi Group's 2025 Investor Day, Lu Weibing, partner, president, head of the mobile phone division, and general manager of the Xiaomi brand of Xiaomi Group, said when analyzing the mobile phone business that the brand influence of Xiaomi mobile phones has been continuously increasing, and it has entered the top 2 in the domestic market. Xiaomi's subsequent goal is to enter the club of annual global sales of 200 million units. (Jiemian)
36Kr learned that SF Express Same - Day Delivery announced that the operating scale of its unmanned vehicles has increased to 200, and the service network covers 38 major cities nationwide. In May, the number of monthly active routes nationwide exceeded 10,000. It is reported that the White Rhino R5 unmanned vehicles deployed by SF Express Same - Day Delivery are equipped with high - precision lidars, perception cameras and other integrated devices, supporting all - weather operation. This model can achieve 100% unmanned operation in extreme weather such as heavy rain and fog, and accurately handle steep slopes in underground garages and complex road conditions during peak hours, completing high - difficulty tasks such as traffic light recognition and detouring around construction roads.
AliExpress Korea Continues to Grow, and Ma Dong - seok Remains the Spokesperson
36Kr learned that according to South Korean media reports, Ma Dong - seok will continue to serve as the spokesperson for AliExpress Korea this year. This is the third year of cooperation between AliExpress and Ma Dong - seok. In recent years, AliExpress has grown rapidly in South Korea and has become the most important platform for Chinese merchants to enter the South Korean market. According to data from the South Korean market research institution Wiseapp・Retail, in 2024, the total payment of South Korean consumers on Chinese cross - border e - commerce platforms increased significantly year - on - year, reaching 4.2 trillion won, three times that of 2022. Among them, AliExpress alone accounted for 85% of the transaction volume.
36Kr learned that according to the Aiqicha App, recently, Beijing Zero One Everything Intelligent Technology Co., Ltd. was established. The legal representative is Ma Jie, and the registered capital is 100 million yuan. Its business scope includes software development, artificial intelligence basic software development, artificial intelligence application software development, computer system services, artificial intelligence innovation and entrepreneurship service platforms, artificial intelligence theory and algorithm software development, artificial intelligence general application systems, artificial intelligence public data platforms, etc. It is wholly - owned by Zero One Everything (Hong Kong) Co., Ltd.
36Kr learned that on May 31st, the Dunhuang Academy announced the official launch of the "Digital Scripture Cave" database platform. The digital versions of more than 9,900 volumes of Dunhuang manuscripts and more than 60,700 images will be accessible to global users. The content covers Buddhist scriptures, legal codes, contracts, silk paintings, etc. Based on the Hunyuan large - model and intelligent retrieval technology, Tencent helps the website achieve more intelligent platform capabilities, providing users with functions such as ancient book retrieval, multi - language translation, classical - modern Chinese translation, intelligent Q&A, and AI summarization, so that the rich and profound Dunhuang cultural content can be better presented and understood.
Unitree Technology Adds Retail Business of Publications to Its Business Scope
36Kr learned that according to the Aiqicha App, recently, Hangzhou Unitree Technology Co., Ltd. underwent industrial and commercial changes, and the retail business of publications was added to its business scope. Unitree Technology was established in August 2016. The legal representative is Wang Xingxing, and the registered capital is about 2.5942 million yuan. It is jointly held by Wang Xingxing, Hanhai Information Technology (Shanghai) Co., Ltd., Ningbo Hongshan Kesheng Equity Investment Partnership, etc.
FAW Faway: Wins an Exterior Project Order from a Well - known New Energy Brand Customer
36Kr learned that FAW Faway announced that the company recently received a project order notice from a well - known new energy brand vehicle manufacturer. It will serve as a parts supplier to develop exterior products for its new energy vehicle models. The project is expected to start mass - production in March 2026, and the total sales amount during its life cycle is expected to be 800 million yuan. Obtaining this project will enhance the company's technological collaborative innovation ability and cost - control competitiveness, but it will not have a significant impact on this year's performance, and there are risks such as project delays, changes, suspensions, or terminations.
Investment and Financing:
36Kr learned that Henxing Science and Technology announced that based on strategic development needs, the company plans to invest in establishing a company in Vietnam and gradually invest in building a project with an annual output of 150,000 tons of high - performance prestressed steel strands. The total investment is expected to be no more than $10 million. The funds will come from the company's self - owned funds and self - raised funds. This investment needs to go through the approval or filing procedures of relevant domestic departments, as well as the investment permission and enterprise registration procedures in Vietnam, and there are uncertain risks.
"Tianchen Biology" Completes Over 200 Million Yuan in Series C Financing
36Kr learned that according to Tianchen Biology's official WeChat account, "Tianchen Biology" announced the completion of over 200 million yuan in Series C financing. This round of financing was jointly led by Honghui Fund and the original shareholder Qiming Venture Partners, with Linchuang Lanwan Fund, Beida Fund, and Zhenmai Fund following the investment. The original shareholders such as Sanyi Capital and Shanxi Securities Innovation continued to increase their investment. The financing funds will be mainly used for the Phase III clinical trials of the core pipeline - the new - generation anti - IgE antibody LP - 003 and the subsequent commercialization preparations, as well as the Phase II clinical development of multiple indications of the world - first complement dual - function antibody LP - 005, further consolidating Tianchen Biology's innovation advantage in the field of allergic and complement diseases.
"Saturn Vision" Completes Series B Financing
36Kr learned that recently, "Saturn Vision" announced the completion of Series B financing. Jinyuzui Venture Capital and Shengze Industrial Investment jointly invested tens of millions of yuan. During this round of financing, the old shareholders Bangsheng Capital and Daosheng Capital continued to increase their investment.
New Products:
Huawei Watches Connect to Pangu and DeepSeek Large - Models
36Kr learned that at today's Huawei Smart Wearable and Sports Health New Product Technology Communication Conference, Huawei officially announced that the new - generation smart flagship Huawei WATCH 5 will connect to the Pangu large - model and the DeepSeek large - model and integrate professional models for wearable sports and health, bringing new upgrades in voice interaction, sports and health, and ecological interconnection. At the same time, the new on - wrist Xiaoyi can intelligently analyze nearly 200 indicators in more than 20 sports and health fields of users, bringing more personalized and professional sports and health experiences to users.
lululemon Launches the Go Further Women's Running Collection
36Kr learned that based on the tests, feedback, and adjustments of athletes, lululemon officially launched the Go Further women's running collection today. It is understood that in the future, lululemon will also launch more innovative products from the FURTHER project, including a new daily running shoe to be released in August this year. In addition, lululemon's research team and partners have begun to release the preliminary research results of the FURTHER project at scientific research summits, and more report content will be released in 2026.
Today's Views:
Lei Jun, the founder of Xiaomi, disclosed at the Xiaomi Investor Conference that the price of the newly launched Xiaomi YU7 cannot be the rumored 235,900 yuan, and the official pricing will be determined 1 - 2 days before the sale. According to Lei Jun, the losses of Xiaomi's automobile business are gradually narrowing, and it is expected to turn profitable in the third to fourth quarter this year. The total budget for the intelligent driving R & D of YU7 reaches 3.5 billion yuan, and the overall investment is at a leading level in the industry. (The Paper)
Bank of England Governor: Inflation Data Is Not Particularly Surprising
It is reported that Bailey, the governor of the Bank of England, said that the inflation data is not particularly surprising. The labor market has become looser. (Yicai)
Other Noteworthy News:
36Kr learned that according to the website of the central bank, in order to meet the temporary liquidity needs of financial institutions, in May 2025, the People's Bank of China conducted standing lending facility operations worth 140.1 million yuan for financial institutions, including 0.1 million yuan for overnight loans and 140 million yuan for 7 - day loans. At the end of May, the balance of the standing lending facility was 140 million yuan. The interest rates of the overnight, 7 - day, and 1 - month standing lending facilities were 2.25%, 2.40%, and 2.75% respectively, all down 0.1 percentage points from the end of last month.
The Ministry of Culture and Tourism released data showing that during the Dragon Boat Festival holiday in 2025, various places held a variety of cultural and tourism activities, expanded new business forms and new scenarios, and strived to meet the holiday life needs of the people. The national cultural and tourism market was safe, stable, and orderly. According to the calculation of the Data Center of the Ministry of Culture and Tourism, during the 3 - day Dragon Boat Festival holiday, 119 million domestic trips were made, a 5.7% year - on - year increase; the total domestic tourism consumption was 42.73 billion yuan, a 5.9% year - on - year increase. (CCTV News)
36Kr learned that the All - China Federation of Industry and Commerce Automobile Dealers Chamber released the "Initiative on Opposing 'Involution - Style' Competition and Promoting the High - Quality Development of the Automobile Distribution Industry". It mentioned that the entire industry should focus on the overall situation of the high - quality development of the Chinese automobile industry, strictly abide by the principle of fair competition, and resolutely resist the "Involution - Style" competition in the form of "price wars". Attention should be paid to the brand image. Frequent adjustments to sales policies and product prices should be avoided, as it will increase the sales difficulty of dealers and affect the brand image among consumers.