Krypton Evening News | Tencent Cloud's database TDSQL wins the Gold Award for Chinese Patents; Baidu ePurchase releases the B2B industry intelligent agent, which can generate hundreds of videos in 10 seconds and connect global business opportunities in over 20 languages; Guangdong: Build a "Waste-Free City" across the province by 2035.
Large Companies:
36Kr learned that in the face of active new players in the domestic market, Ctrip is accelerating its global layout. Recently, Ctrip has opened over 1,100 overseas positions in 75 cities across 23 countries including London and Tokyo, covering business lines such as hotels and vacations. Meanwhile, it has established a 1-billion-yuan tourism innovation fund and reached strategic cooperation with hotel groups in Thailand, Malaysia and other countries. In Q1 2025, the booking volume of Ctrip's international platform Trip.com increased by over 60% year-on-year. CEO Jane Sun said that the target for the proportion of overseas revenue will be doubled in the next 3 - 5 years. Industry insiders pointed out that emerging platforms will have difficulty shaking the supply chain and service advantages of leading OTAs like Ctrip in the short term, and the industry is forming a competitive pattern of "in-depth domestic development" and "global expansion".
Tencent Cloud Database TDSQL Wins the Gold Award for Chinese Patents
36Kr learned that Tencent's continuous heavy investment in the field of basic software has borne fruit. Recently, it was learned from the National Intellectual Property Administration that the core patent of Tencent Cloud Database TDSQL, "Database Transaction Processing Method, Device and Server", won the 25th Gold Award for Chinese Patents. Public data shows that as of the end of March 2025, Tencent has cumulatively invested over 340 billion yuan in R&D and applied for over 860,000 patents in major countries and regions around the world, with over 460,000 patent authorizations.
36Kr learned that on June 11th, Baidu E-Procurement's Digital Intelligence Conference grandly launched the first B2B industry agent solution, as well as the AI+ Empowerment Plan and the Beyond Plan. It is understood that Baidu E-Procurement's B2B industry agent has the ability to batch-generate AI videos. With just 10 seconds of daily videos and store product information, combined with user demand analysis and intelligent topic selection, it can automatically generate over a hundred high-quality videos for four scenarios including store promotion, product introduction, category experience sharing, and knowledge sharing, completely liberating the productivity of merchants. At the same time, it has launched the ability to batch-produce videos in over 20 languages, supporting over 20 language versions in multiple regions around the world. With one click, product videos can be translated into the languages of global buyers, helping Chinese manufacturing reach overseas markets directly.
WeChat Contact "Yuanbao AI" Announces Upgrade, to Continuously Connect with More Tencent Products
36Kr learned that on June 10th, WeChat contact "Yuanbao AI" announced an upgrade. Users only need to send a Video Account link to "Yuanbao AI", and Yuanbao can understand the content of the Video Account and provide detailed answers. The product interface shows that Yuanbao AI can automatically extract the key points of the Video Account content, generate summaries, and summarize the video content and captions. This ability is based on Tencent's Hunyuan large-model's multi-modal understanding ability and has been fully launched in the WeChat contact "Yuanbao AI". Tencent said that Yuanbao will continuously connect with more Tencent products, releasing AI capabilities in user-accessible usage scenarios and providing users with "useful AI".
36Kr learned that according to the Aiqicha App, recently, Shanghai Meinian Xinzhi Technology Co., Ltd. was established. The legal representative is Wu Tao, and the registered capital is 10 million yuan. Its business scope includes computer system services, artificial intelligence application software development, artificial intelligence theory and algorithm software development, artificial intelligence basic software development, artificial intelligence general application systems, artificial intelligence basic resources and technology platforms, etc. Shareholder information shows that the company is jointly held by Shanghai Yizhi Qichen Technology Center (Limited Partnership), Shaoxing Meizhi Jiayue Enterprise Management Partnership (Limited Partnership), Meinian Health Industry Holding Co., Ltd., and Shenzhen Qianhai Gaozu Asset Management Co., Ltd.
On June 10th, Toyota Motor and Daimler Trucks announced that they had reached a final agreement to merge Hino Motors under Toyota and Mitsubishi Fuso Truck and Bus under Daimler Trucks. The statement said that Mitsubishi Fuso Truck and Bus and Hino Motors will be integrated on an equal footing and will cooperate in the fields of commercial vehicle development, procurement, and production. The new listed holding company is planned to start operations in April 2026. (Jiemian)
General Mills Reportedly Considering Selling Its Häagen-Dazs Stores in China
People familiar with the matter revealed that General Mills is considering selling its Häagen-Dazs ice-cream stores in China; the US food company is facing challenges in its sales in China. General Mills, headquartered in Minnesota, is working with advisors on potential asset disposal. People familiar with the matter said that this process may start this year. Since the information is not public, the people familiar with the matter requested anonymity. General Mills may seek to sell these assets for hundreds of millions of dollars. (Sina Finance)
Regarding the matter of being wholly acquired by Hong Kong-listed Tencent Music Entertainment Group, Himalaya said on June 11th that the acquisition will be officially completed after all pre-conditions are met. According to previous similar cases, it usually takes about one year or even longer. Currently, Himalaya is still operating normally as an independent entity. Himalaya said that all kinds of contracts signed with partners will be fulfilled as agreed, and the rights and interests of each customer will be protected by law. At the same time, Himalaya will keep its existing brand, independent operation of existing products, core management team, and strategic development direction unchanged. (Shanghai Securities News)
36Kr learned that at the 2025 China Intelligent Computing Center Full-Stack Technology Conference, Shuguang Digital Energy responded to the implementation challenges of data centers in terms of selection, design, deployment, and operation and maintenance around the concept of "liquid-cooling as a service". Zhang Peng, the vice-president and CTO of Shuguang Digital Energy, pointed out that this service system covers the entire process of the liquid-cooling system from planning and design to operation and maintenance management, and through the SLiquid intelligent operation and maintenance platform, it achieves a leap from "manual control" to "intelligent control" of liquid-cooling. Through the integration of standardization and customization, Shuguang Digital Energy comprehensively lowers the threshold for liquid-cooling deployment, improves the efficiency of the entire chain, and provides all-scenario and sustainable liquid-cooling ecological support for intelligent computing centers.
Investment and Financing:
Nissan Supplier Marelli Files for Bankruptcy Protection and Gets $1.1 Billion in New Financing
Japanese auto parts company Marelli Corp said in a statement on Wednesday that it has filed for Chapter 11 bankruptcy protection in the United States. There has been uncertainty in its negotiations with creditors in the past few months. The automotive interior and lighting equipment manufacturer, majority-owned by private equity firm KKR, said it has received a $1.1-billion financing commitment from lenders, and about 80% of its creditors have signed agreements supporting its restructuring. The company said in the statement: "Throughout the process and in the future, Marelli expects that the Chapter 11 bankruptcy proceedings will not have any impact on its operations." (Sina Finance)
DHL Plans to Invest Over €500 Million in the Middle East by 2030
German logistics giant DHL said on Wednesday that it plans to invest more than €500 million (about $571.3 million) in the Middle East, with a strategic focus on the rapidly expanding markets in Saudi Arabia and the UAE. The company said that this investment will be completed by the end of 2030 and will cover all four of DHL's business segments to significantly strengthen the logistics infrastructure in the region. "The Middle East is becoming an important trading hub, facilitating trade between Asia, Europe, and the United States, and it is also a gateway to Africa," the company said. (Jiemian)
Today's Views:
36Kr learned that on June 11th, the 2025 Volcengine FORCE Spring Driving Force Conference was held in Beijing. Liu Jun, the executive vice-president of Lenovo Group and the president of its China region, said that Lenovo's "trusted hybrid computing solution" extends the security capabilities of Tianxi Personal Super Intelligent Agent from the terminal to the cloud, achieving "security without the Internet and the same security with the Internet". It is understood that Lenovo Personal Cloud 1.0 has core technologies such as TEE (Trusted Execution Environment), trusted transmission, and end-cloud mutual trust. Lenovo Personal Cloud 1.0 is equipped with a large-language model with 72 billion parameters and provides users with a dedicated memory space starting from 100GB. Combined with RAG technology, it forms an expandable knowledge base, providing strong data security and privacy protection for each AI execution.
Other Notable News:
Guangdong: Build a "Waste-Free City" Across the Region by 2035
36Kr learned that the General Office of the People's Government of Guangdong Province issued the "Work Plan for Building a Region-wide 'Waste-Free City' in Guangdong Province". It proposes that by 2025, all prefecture-level and above cities in the province will comprehensively carry out the construction of "waste-free cities", and the intensity of solid waste generation will continue to decrease. By 2027, the proportion of hazardous waste landfilled will stabilize and decline, the intensity of solid waste generation will significantly decrease, and the resource utilization rate will significantly increase. By 2035, a "waste-free city" will be built across the region, and the indicators of solid waste generation intensity and the level of recycling will generally rank among the top in the country.
On June 10th local time, Li Chenggang, China's international trade negotiator and vice-minister of commerce, said in London when talking about the first meeting of the China-US economic and trade consultation mechanism that the two sides had professional, rational, in-depth, and candid communication. The two sides have in principle reached a framework for implementing the consensus of the phone call between the two heads of state on June 5th and the consensus of the Geneva talks. (People's Daily)