Krypton Evening News | Kraft Heinz recalls some bacon products due to Listeria contamination; Pop Mart responds to the news of buying a building in the UK for £63 million: It's a false rumor; South Korea's Samyang Foods invests $150 million to build its first overseas factory in Zhejiang, China.
Large Companies:
Pop Mart Responds to Rumor of Buying UK Building for £63 Million: False News
36Kr learned that on July 3, social media reported that Pop Mart had bought the building at 149 - 151 Oxford Street in London through its Singaporean company for £63 million. In response, an insider at Pop Mart said, "It's false news."
Sony WH - 1000XM6 Reaches Cooperation with QQ Music's "Premium Sound Quality Certification"
36Kr learned that recently, Sony's newly launched dual - core ultra - flagship noise - canceling over - ear headphones, the WH - 1000XM6, have reached cooperation with QQ Music's "Premium Sound Quality Certification". The two parties will conduct in - depth collaboration in the field of audio technology. It is reported that since the launch of the "Premium Sound Quality Certification", QQ Music has jointly conducted in - depth acoustic performance tests on the Sony WH - 1000XM6 with the third - party independent laboratory, ReaLab. The tests focused on its frequency response and total harmonic distortion (THD). Currently, over 50 brand products have completed testing and certification under QQ Music's "Premium Sound Quality Certification", and several products under Sony have successively reached cooperation.
South Korea's Samyang Foods to Invest $150 Million in First Overseas Factory in Zhejiang, China
South Korean instant noodle producer Samyang Foods said on Thursday that it has started building its first overseas production factory in China to meet the growing demand for its signature products. The company said in a press release that the new factory will involve an investment of 201.4 billion won (approximately $148 million). The new factory will be located in Jiaxing, Zhejiang Province, with an annual production capacity of 840 million servings of "Buldak" instant noodles. The factory is scheduled to be completed in January 2027 and will mainly supply products to the local Chinese market.
Amazon Global Store's Summer Sale "Global Discount Festival" to Kick Off from July 8 to 12
36Kr learned that Amazon Global Store announced today that its first annual - level summer sale, the "Global Discount Festival", specially designed for Chinese consumers, will officially kick off from July 8 to 12. During this period, over 30,000 international brands and more than 2 million overseas products will participate in this "Global Discount Festival", and millions of new global products will be launched simultaneously. Consumers can enjoy free shipping worldwide without a minimum order amount, but they need to claim a free - shipping coupon to enjoy free shipping at checkout. The free - shipping coupon is only applicable to products that meet the free - shipping conditions. For specific details, please check on the checkout page. They can also enjoy various shopping experiences such as the fastest delivery of overseas goods in 2 days. At the same time, the new "Imported Supermarket" has also been launched, providing consumers with a new and cost - effective one - stop shopping option for daily necessities.
36Kr learned that on July 3, Tencent Games launched the "Special Campaign for the Protection of Minors in the Summer of 2025". On the basis of strictly implementing anti - addiction regulations, it focused on family account management and launched two features: the "Temporary Game Switch" and "Parents' Self - initiated Facial Recognition", to meet parents' multi - scenario control needs. So far, Tencent has provided parents with a complete set of game management tools, hoping to help parents solve the current problems in family digital management.
Kraft Heinz Recalls Some Bacon Products Due to Listeria Contamination
The U.S. food safety regulatory agency said on Wednesday that packaged food manufacturer Kraft Heinz will recall approximately 367,812 pounds of Oscar Mayer turkey bacon due to concerns that these products may be contaminated with Listeria. According to the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS), this recall will affect vacuum - packed, fully cooked turkey bacon produced between April 24 and June 11. These bacon products were shipped to retailers across the United States and exported to the British Virgin Islands and Hong Kong, China.
New Products:
Polestar to Produce New Model in Europe
Swedish - based electric vehicle manufacturer Polestar said on Thursday that its upcoming SUV model, the Polestar 7, will be produced at a factory that Volvo Cars is building in Slovakia. This will be the brand's first model to be manufactured in Europe. Polestar said in a statement that it has signed a memorandum of understanding with Volvo Cars on this matter, and the model is planned to be launched in 2028. Both companies are controlled by China's Geely Group and its founder, Li Shufu.
JD Logistics Launches Self - developed VAN Driverless Light Truck
36Kr learned that according to JD Logistics' official account, on July 2, at the 17th International Transportation Technology and Equipment Exhibition, JD Logistics first launched its self - developed driverless light truck product, the JD Logistics VAN. The JD Logistics VAN driverless light truck has a large cargo space of 24 cubic meters, making it the driverless light truck with the largest cargo capacity in the logistics industry. It can replace traditional 4.2 - meter trucks for logistics transfer and station - to - station transportation.
Investment and Financing:
Shanghai Naiben Cloud Chain Technology Co., Ltd. Completes Angel - round Financing of 5 Million Yuan
36Kr learned that recently, Shanghai Naiben Cloud Chain Technology Co., Ltd. announced the completion of an angel - round financing of 5 million yuan. This round of financing will be used for technology R & D upgrades, business expansion, and deepening the ability of customized services.
Today's Views:
Takakazu Amamiya of the Bank of Japan: The Central Bank is in a Phase of Pausing Interest Rate Hikes
Takakazu Amamiya, a member of the Bank of Japan, said on Thursday that the central bank is in a phase where it can pause interest rate hikes, but it should resume the interest rate - hiking cycle after some time. When giving a speech in Mie Prefecture, Japan, he said that the Bank of Japan is gradually approaching its price target, and to maintain this momentum, the central bank should maintain its current loose policy stance.
Other Notable News:
Republicans in the U.S. House of Representatives overcame a key procedural hurdle and advanced Donald Trump's large - scale tax and spending plan a few hours after midnight on Wednesday local time. The House of Representatives ultimately voted 219 in favor and 213 against, essentially bringing Trump's "Great and Beautiful Bill" into the final voting stage.
India's Tire Export Value Increases by 9% Year - on - Year, Hitting a Record High
On July 3, data from the Indian Ministry of Commerce showed that in the 2024 - 2025 fiscal year, India's tire export value reached a record high of 2.5051 trillion rupees, a 9% increase from 2.3073 trillion rupees in the previous fiscal year. Among them, the United States remains the largest export destination, accounting for 17% of India's tire exports by value, followed by Germany (6%), Brazil (5%), the United Arab Emirates (4%), and France (4%).
It is reported that the Trump administration has lifted some export license requirements for chip design software to China. According to a report by the South China Morning Post, citing statements from Siemens, Synopsys, and Cadence, the U.S. government lifted export control measures on some chip design software to China on Thursday. All three globally leading electronic design automation (EDA) software developers said that in the future, their relevant product exports to China will no longer require special approval. A research report released by Morgan Stanley in May showed that the three companies together accounted for approximately 82% of the Chinese EDA software market last year.
China's First Offshore Trade Stamp Duty Tax - Assistance Scenario Launches in Xiamen
On July 1, the Xiamen Global Supply Chain and Offshore Trade Financial Service Platform successfully launched the country's first offshore trade stamp duty tax - assistance scenario, which will help enterprises registered in the Xiamen Free Trade Zone to actually enjoy the policy benefit of exemption from stamp duty on sales contracts, injecting strong impetus into enterprises' offshore trade business.