8:00, Yike Daily Briefing | The man involved in the concert affair sues Coldplay for invasion of privacy; The Japanese government issues tsunami evacuation instructions to over 2 million people; Maternity leave in various regions is extended to 158 days or more.

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Sunwoda

36Kr learned that Sunwoda submitted a listing application to the Hong Kong Stock Exchange, and the joint sponsors are Goldman Sachs and CITIC Securities.

Top 3 Big News

The male protagonist in the concert affair incident sues Coldplay, citing privacy infringement, mental distress, and professional damage as reasons

On July 29th local time, Andy Byron officially sued Coldplay, citing privacy infringement, mental distress, and professional damage as reasons. He claims that the band "publicly exposed him without consent, thus permanently damaging his life."

Previously, on July 16th local time, an unexpected shot of a couple who very much didn't want to be on camera was captured during Coldplay's concert in Boston. They hid in fright when they saw themselves being broadcast on the big screen, and lead singer Chris Martin also joked and asked if they were having an affair. It is reported that Byron is the CEO of the "Astronomer" technology company, and female colleague Cabot is the company's chief human resources officer. Byron is married and has two children. Cabot divorced in 2022. Byron has issued a statement publicly apologizing to his wife. Shortly after the incident sparked heated discussions, Byron's wife deleted her social media account and removed her husband's surname from her username. (Cover News, Jimu News)

The Japanese government has issued tsunami evacuation instructions to over 2 million people

Reporters learned on the 30th local time that statistics from the Japanese Fire and Disaster Management Agency showed that as of 17:00 local time, nearly 230 secondary administrative regions across Japan had issued tsunami evacuation instructions to over 2 million people.

After a strong earthquake occurred in the far - sea area off the eastern coast of Kamchatka in the early morning of the 30th, the Japan Meteorological Agency issued tsunami warnings for many parts of the country, saying that waves up to 3 meters high were expected in some areas. At a press conference in the afternoon of the 30th, the Japan Meteorological Agency said that the influence of the tsunami was expected to last for at least about one more day.

On the evening of July 30th local time, the Japan Meteorological Agency downgraded the "tsunami alert" along the Pacific coast from Hokkaido to the Tohoku region of Japan to a "tsunami advisory". (CCTV News)

Maternity leave in various regions has been generally extended to 158 days or more

On July 30, the State Council Information Office held a press conference to introduce the childcare subsidy system and fertility support measures. In terms of time support, the maternity leave system has been further improved. Provinces (autonomous regions and municipalities) have generally extended maternity leave to 158 days or more; all have established a paternity leave of about 15 days for spouses and a parental childcare leave ranging from 5 to 20 days. (China News Service)

Large companies/ Major events

Starbucks Responds to Sale of China Region Stake, Over 20 Acquirers Interested in Starbucks' China Region Stake

On July 30, Starbucks CEO Brian Niccol said during an earnings conference call when discussing the sale of Starbucks' stake in China that more than 20 acquirers have shown interest in this asset, and the company hopes to retain a "significant" stake.

It is reported that Starbucks' revenue in the third quarter was $9.5 billion. Same - store sales decreased by 2%, a decline higher than expected. Net profit was $558.3 million, a significant year - on - year decline. Adjusted earnings per share were 50 cents, falling short of analysts' expectations of 65 cents. Same - store sales in the Chinese market increased by 2%, the first increase in 18 months. The company's CEO said that the revival plan is "ahead of schedule" and new products will be launched in 2026. To boost business in the US market, the company is carrying out store reforms, including reducing waiting times, updating menus, and redecorating. Starbucks has cut store construction costs by 30%. The company will invest an additional $500 million in human resources for its directly - operated stores in the US in the coming year. (Cailian Press, Titanium Media)

You can also apply for the child - rearing subsidy through Alipay or WeChat, and streamline the application materials for the child - rearing subsidy to the greatest extent.

Wang Haidong, the director of the Population and Family Department of the National Health Commission, said at a press conference held by the State Council Information Office that the child - rearing subsidy is mainly applied for online through the national unified child - rearing subsidy information management system. People can apply online without leaving home. At the same time, we have also retained the offline handling channels and manual services. People who are unable to apply online due to special reasons can go to the townships or sub - districts where the infants are registered to handle the application. Everyone can independently choose the handling channel according to their own actual situation. (China.org.cn)

Wang Ziru Subject to Another Compulsory Execution of 2.46 Million Yuan

According to the China Enforcement Information Disclosure Network, recently, a new piece of information about Wang Ziru as an enforced person has been added, with the execution target exceeding 2.46 million yuan. The enforcing court is the People's Court of Huiyang District, Huizhou City.

The Aiqicha App shows that there are 4 enterprises associated with Wang Ziru. Only Shenzhen Yuechen Automobile Beauty Co., Ltd. and Ruzhi Toy Store in Huicheng District, Huizhou City are in business. The risk information shows that in February 2024, 1.5 million yuan of Wang Ziru's equity in Shenzhen Yuechen Automobile Beauty Co., Ltd. was frozen, with the freezing period from February 28, 2024, to February 27, 2027. (Yicai Global)

Apple's official account accidentally posted Samsung's promotional video

On July 30th, netizens noticed that Apple's official Weibo account, "Apple Support", had an embarrassing incident and unexpectedly gave free promotion to Samsung's Galaxy Z Flip7 phone.

The account posted a message on Weibo with a caption introducing the parental control function of Apple devices, but the accompanying video was actually a promotional video for the Samsung Galaxy Z Flip7. Currently, the Weibo post has been deleted. Some speculations suggest that this embarrassing incident might be due to Apple and Samsung using the same advertising agency in China, causing someone to get confused during the operation. (IT Home)

Trump: The final effective deadline for tariffs on August 1st will not be extended

On July 30th, it was reported that Trump said the final effective deadline for tariffs on August 1st will not be extended. (Jiemian News)

Fed Chair: No Decision Made on September Interest Rates Yet

On July 30 local time, Federal Reserve Chair Jerome Powell said it's too early to say whether the Fed will cut the federal funds rate in September as the financial markets expect. At a news conference after the latest round of monetary policy meetings, Powell said the Fed has not made any decisions on the September interest rates. Powell said they "will refer to information about the economy on the eve of the next interest rate meeting."

The U.S. Federal Reserve concluded its two-day monetary policy meeting on the 30th and announced that it would keep the target range for the federal funds rate unchanged between 4.25% and 4.50%. (CCTV News)

"Air ticket taxes are too high", Ryanair to abandon operations at 3 French airports

Irish airline Ryanair said on July 30 that it will abandon its operations at three French airports because the low-cost carrier cannot afford the "sky-high" air ticket taxes imposed by the French government. Ryanair said it will withdraw its operations from the airports in the southwestern French cities of Brive and Bergerac, and the eastern city of Strasbourg. Ryanair currently operates routes from these airports to Portugal and Scotland in the UK. Earlier this spring, the airline had already withdrawn its operations from Vatry Airport in northeastern France. Ryanair said that due to the French government's 180% increase in air ticket taxes in March this year, the company "had to cut its winter 2025 capacity by 13%", which means axing 25 routes. (Xinhua News Agency)

Identities of Chinese citizens killed in Russian plane crash confirmed, consulate general has contacted their relatives

Regarding the fact that there was a Chinese citizen on the crashed passenger plane in Russia's Amur Oblast on July 24, the Chinese Consulate General in Khabarovsk told reporters on the 30th that the identity of the deceased Chinese citizen has been confirmed, and the consulate general has also contacted the relatives. The Chinese Consulate General in Khabarovsk also said that it will continue to maintain close communication with the families of the victims and relevant Russian departments to jointly handle relevant matters properly.

According to previous reports by Russian media such as TASS, a Russian An - 24 passenger plane carrying 49 people crashed in Amur Oblast on the 24th. All people on board were killed, including a Chinese citizen. (Global Times)

An Executive of Blackstone Group Killed in New York Shooting

A shooting incident occurred on the evening of the 28th in a high - rise office building in Manhattan, the center of New York City. At least five people, including the gunman, were killed, and many others were injured. According to the same - day report of The Wall Street Journal, citing people familiar with the matter, the victims included an executive of Blackstone Group, a U.S. investment giant.

According to local media reports, the gunman was identified as Shane Tamura, 27 years old. He entered the building at 345 Park Avenue with a rifle and started shooting around 6:30 p.m. Eastern Time. Then he took the elevator to the 33rd floor of the building and shot himself there. The reported building houses the headquarters of investment firm Blackstone Group and the National Football League, as well as offices of some other companies. (Global Network)

Xiaomi Auto Calls for Correct Understanding and Use of Assisted Driving, Emphasizing That Assisted Driving Is Not Autonomous Driving

On the evening of July 29th, Xiaomi Auto officially released the latest "Answers to Netizens' Questions about Xiaomi Auto (Episode 186)". According to the official introduction, the newly upgraded Xiaomi end-to-end assisted driving has been significantly optimized in high-speed scenarios. After the upgrade, the high-speed navigation-assisted driving function operates more stably and provides a more comfortable driving experience.

Meanwhile, Xiaomi Auto also called again, "Assisted driving is not autonomous driving at this stage. Please correctly understand and use the relevant assisted driving functions, ensure that you always pay attention to road conditions, and be ready to control the vehicle at any time." (Sina Technology)

Approximately 900 billion yuan is initially budgeted for the "child - rearing subsidy funds" this year.

On July 30th, the State Council Information Office held a press conference to introduce the child - rearing subsidy system and related fertility support measures. Approximately 900 billion yuan is initially budgeted for the "child - rearing subsidy funds" this year. Regarding the funds required for the national basic standard subsidy, the central government will provide subsidies to local governments at a certain ratio, with the central government generally bearing about 90%. (CCTV News)

Yang Guofu Launches Self-service Hot Pot at a Price of $59.9 per Person

Recently, many netizens have posted photos of Yang Guofu's self-service hot pot stores. Reporters learned from Yang Guofu's franchise hotline that currently, Yang Guofu's self-service hot pot is in the pilot phase, and there are only relevant stores in Qingdao, Shandong Province. Reporters learned from the store that the price of Yang Guofu's self-service hot pot is set at $59.9 per person. (Blue Whale News)

Foci Pharmaceutical: Current production and business operations are normal, and there are no major matters that should be disclosed but have not been disclosed.

Foci Pharmaceutical issued an announcement on July 30th. The cumulative deviation of the closing price increase of the company's stock has exceeded 20% within two consecutive trading days, which falls under the category of abnormal fluctuations in stock trading. After verification, there are no corrections or supplements needed for the information previously disclosed by the company. The company's recent business operations are normal, and there have been no significant changes in the internal and external business environment. Neither the company nor its controlling shareholder or actual controller has any major matters that should be disclosed but have not been disclosed, or any major matters in the planning stage. During the period of abnormal stock fluctuations, the company's controlling shareholder and actual controller did not buy or sell the company's stock. (Jiemian News)

ZWSOFT: The company was sued by Autodesk for copyright infringement in a U.S. court

ZWSOFT announced on July 30 that the company was sued by Autodesk, Inc. for copyright infringement and other matters in the U.S. District Court for the Northern District of California. The amount involved in the lawsuit has not been determined. Autodesk requests the court to issue injunctions, including preliminary and permanent injunctions, against the company and relevant entities to prohibit them from continuing to engage in relevant copyright infringement and improper use of trade secrets. The company does not recognize Autodesk's claims and will actively take effective measures to defend itself in the lawsuit to effectively safeguard the interests of the company and its shareholders. At present, it is impossible to predict the impact on the company's current and future profits and losses. The final actual impact shall be subject to the effective judgment of the court. (Jiemian News)

Ministry of National Defense: Nearly 100,000 high school graduates applied for the Air Force's recruitment of pilots this year, and the number of admissions remained at a high level

On the afternoon of July 30, the Ministry of National Defense held a regular press conference. Zhang Xiaogang, the spokesperson of the Ministry of National Defense, said at the meeting that nearly 100,000 high school graduates applied for the Air Force's recruitment of pilots this year, and the number of admissions remained at a high level, covering nearly 900 ordinary high schools in 31 provinces (autonomous regions and municipalities directly under the Central Government). The admission scores far exceeded the special - type enrollment control lines of each province. Among them, 91 ethnic minority young students became outstanding pilots in the blue sky. Starting from the Army Day on August 1st, the Air Force will use the Y - 20 to send new flight cadets to the Aviation University for registration. (Jiemian News)

Lutnick: 'Huge' tariffs will be imposed if drugs are not produced in the US

US Commerce Secretary Howard Lutnick said in an interview with CNBC that the US will impose "huge" tariffs if drugs are not produced in the United States. Lutnick said that Trump will announce his drug policy in the next two weeks. Lutnick said that the pharmaceutical and automotive industries are key to reaching a trade agreement with the EU. (Sina Finance)

Greenland Holdings: The Rumor of the Executive President Being "Missing" Is False

Recently, some individual online self - media articles claimed that Chen Jun, the executive president of Greenland Holdings, was suspected of being "missing". In response, Greenland Holdings stated that the relevant online information was false. As of now, Chen Jun is still performing his duties normally in the company. However, due to personal family reasons, he has applied for personal leave from the company. (The Paper)

Mercedes-Benz expects a significant drop in car sales and a substantial decline in revenue this year

The Mercedes-Benz Group has warned that due to tariffs hitting the sales of its cars and vans, it expects its full-year revenue this year to be significantly lower than last year. The German luxury carmaker had previously stated that due to market volatility caused by tariffs, it was unable to provide financial guidance with the necessary certainty. The company said on Wednesday that it now expects car sales in 2025 to be significantly lower than last year. The company said it expects car sales in the second half of this year to be on par with the first half. (Sina Finance)

The Cutting Edge of AI

Four AI Researchers at Apple Jump Ship Within a Month

According to a report, Mark Gurman of Bloomberg reported on July 30 that Apple has lost four artificial intelligence experts to Meta in a single month, indicating that the iPhone maker's AI strategy has hit another setback.

People familiar with the matter said that Bowen Zhang, a key researcher in Apple's multimodal AI field, left the company on Friday and will join Meta's newly established superintelligence team. He was a member of Apple's Foundation Model (AFM) team and developed the core technology behind Apple's AI platform. Prior to this, Meta had poached Ruoming Pang, the head of Apple's AI team. Bloomberg reported that his compensation package was worth more than $200 million (approximately 1.435 billion yuan at the current exchange rate). In addition, two other researchers from the team, Tom Gunter and Mark Lee, recently joined Meta. (IT Home)

OpenAI Launches ChatGPT Study Learning Mode

On July 29th local time, OpenAI officially launched the ChatGPT Study learning mode. The mode is mainly targeted at the education field, offering four methods: interactive prompts, scaffolded responses, personalized education, and knowledge point checks, which can provide in - depth interpretations of the problem - solving ideas and processes for each difficult problem. As of now, this function is available to users of the free version, Plus, Pro, and Team, while the ChatGPT Edu version will launch this function within the next few weeks. (Yicai Global)

The national AI open-source platform "Innovation Community" is launched, and ZTE opens up 11 achievements

On July 30th, according to ZTE, the national AI open-source platform "Innovation Community", which is coordinated and guided by the State-owned Assets Supervision and Administration Commission of the State Council and led by China Mobile, was officially launched. As one of the first co-constructing units, ZTE will open source a total of 11 core achievements at once, including 6 self-developed large models and 5 industry datasets, to fully build one-stop support for "models - data - tools". In the future, ZTE will continue to focus on three major areas: model open-sourcing, chip adaptation, and intelligent agent applications. (Jiemian News)

Financial reports of large companies

Microsoft's Revenue Reached $76.441 Billion in Q4, with Net Profit Up 24% Year-on-Year

Microsoft released its financial reports for the fourth quarter and the full year of fiscal year 2025. The reports show that Microsoft's revenue in the fourth quarter was $76.441 billion, representing an 18% increase compared to $64.727 billion in the same period of the previous year, and a 17% increase excluding the impact of exchange rate fluctuations. The net profit was $27.233 billion, a 24% increase compared to $22.036 billion in the same period of the previous year, and a 22% increase excluding the impact of exchange rate fluctuations. The diluted earnings per share were $3.65, a 24% increase compared to $2.95 in the same period of the previous year, and a 22% increase excluding the impact of exchange rate fluctuations. (Sina Finance)

Meta's net profit in the second quarter was $18.337 billion, a year-on-year increase of 36%

Meta Platforms, Inc. reported second-quarter revenue of $47.52 billion, a year-on-year increase of 22%, compared with the estimated $44.83 billion. The net profit was $18.337 billion, a year-on-year increase of 36%. The operating profit was $20.44 billion, a year-on-year increase of 38%, compared with the estimated $17.24 billion. The company's earnings per share in the second quarter were $7.14, compared with $5.16 in the same period last year and the estimated $5.89. Meta currently expects its full-year capital expenditure to be between $66 billion and $72 billion, up from the previous forecast of $64 billion to $72 billion. (NBD.com)

Adidas' net profit in the second quarter reached 369 million euros, a year-on-year increase of 94%

Adidas' revenue in the second quarter was 5.95 billion euros, a year-on-year increase of 2.2%, with a forecast of 6.21 billion euros; the net profit was 369 million euros, a year-on-year increase of 94%, with a forecast of 336.3 million euros; the gross profit margin was 51.7%, compared with 50.8% in the same period last year, and the forecast was 51.5%. (Jiemian News)

Nissan's revenue in the first quarter reached 2.71 trillion yen

Nissan released its financial report for the first quarter of 2025 on July 30, showing that its revenue was 2.7069 trillion yen, compared with 2.9984 trillion yen in the same period of the previous year. The net loss was 115.8 billion yen, while it had a net profit of 28.6 billion yen in the same period of the previous year. (Jiemian News)

CATL: Achieved a net profit attributable to shareholders of 30.512 billion yuan in the first half of the year, a year-on-year increase of 33.02%

36Kr learned that CATL issued an announcement stating that the company's operating income in the first half of the year was 178.886 billion yuan, a year-on-year increase of 7.27%; the net profit attributable to shareholders in the first half of the year was 30.512 billion yuan, a year-on-year increase of 33.02%; the net cash flow from operating activities was 58.687 billion yuan, a year-on-year increase of 31.26%.

Starbucks' net revenue in the third fiscal quarter was $9.5 billion, compared with analysts' expectation of $9.29 billion

Starbucks released its financial report for the third fiscal quarter. The net revenue in the third fiscal quarter was $9.5 billion, compared with analysts' expectation of $9.29 billion. The adjusted earnings per share in the third fiscal quarter were $0.50, compared with the estimate of $0.65. Same - store sales in the third fiscal quarter decreased by 2% year - on - year, compared with the estimated decrease of 1.5%. (Caixin Press)

Hermès' Sales Rise 9% in Q2

Axel Dumas, the executive chairman of Hermès, said that the company has no plans to further raise prices this year so far. Previously, the company generally raised prices by 7% globally and an additional 5% in the U.S. market, attempting to fully pass on the impact of tariffs to U.S. customers. Hermès said that its sales in the second quarter ended June reached 3.9 billion euros (equivalent to $4.5 billion), up 9% at constant exchange rates, basically in line with market expectations. (Sina Finance)

XGIMI Technology: Net profit in the first half of the year is expected to increase by 2062% year-on-year

36Kr learned that XGIMI Technology issued an announcement, expecting to achieve an operating income of 1.626 billion yuan in the first half of 2025, a year-on-year increase of 1.63%; the net profit attributable to the owners of the parent company is 88.6622 million yuan, a year-on-year increase of 2062.33%.

Luckin Coffee: Net revenue in Q2 reached 12.36 billion yuan, a year-on-year increase of 47%

36Kr learned that Luckin Coffee released an announcement stating that its net revenue in the second quarter was 12.36 billion yuan, a year-on-year increase of 47%; the net profit in the second quarter was 1.25 billion yuan, a year-on-year increase of 44%.

Prada's net revenue in the first half of the year reached 2.74 billion euros, an 8% year-on-year increase

Prada released its financial report for the first half of 2025 on July 30, showing a net revenue of 2.74 billion euros, an 8% year-on-year increase, and a net profit of 386 million euros. (Jiemian News)

Airbus reported revenues of €29.61 billion in the first half of 2025

Airbus released its financial report for the first half of 2025 on July 30, showing revenues of €29.61 billion, a net profit of €1.525 billion, and an adjusted earnings per share of €1.93. (Jiemian News)

Cool Products

Chen Zhuo of Avita: Plans to Launch the First Co-created Product with Huawei in the Second Half of Next Year

Chen Zhuo, the President of Avita Technology, revealed today that the company and Huawei are currently smoothly and orderly promoting the Hi Plus model. The joint team of both sides, nearly a thousand people, has been stationed at Avita's Chongqing headquarters. The first co-created product will also be launched in the second half of next year. Before 2030, Avita plans to launch 17 new models, covering niche markets such as MPVs and sports cars. (Caixin)

Compiled | Qiuxia