Krypton Evening News | Didi Hitch has joined hands with the police in Minhang, Shanghai, to crack down on multiple hitchhiking cheats; Ruikeda: Its humanoid robot products have now started small-batch supply, and the sales revenue is expected to reach about 10 million yuan in 2025; LG Chem will build its first hydrogenated vegetable oil plant in South Korea.

Large companies:

Fengli Intelligent: Net profit attributable to the parent company in the first half of the year was 3.2244 million yuan, a year-on-year decrease of 68.79%

36Kr learned that Fengli Intelligent announced that the company achieved an operating income of 242 million yuan in the first half of the year, a year-on-year increase of 0.25%; the net profit attributable to shareholders of the listed company was 3.2244 million yuan, a year-on-year decrease of 68.79%; the basic earnings per share were 0.03 yuan.

Reach Aerospace: Products for humanoid robots have now started small-scale supply, with expected sales revenue of about 10 million yuan in 2025

36Kr learned that Reach Aerospace announced that recently, the media noticed that the company has products applied to humanoid robots, which are in small-scale supply. As of now, after the previous R & D, the company's humanoid robot products have now started small-scale supply. It is estimated that the sales revenue of this business segment in 2025 will be about 10 million yuan, accounting for 0.41% of the operating income in 2024. Since it is still in the early stage of the industry, its proportion in the company's actual performance is relatively small, and there is still uncertainty about the sales revenue achieved by this business segment in that year.

Didi Hitch joins hands with Minhang Police in Shanghai to crack down on multiple hitch - ride cheating apps

36Kr learned that in May this year, Xinzhen Police Station of Minhang Public Security Bureau received a report from Didi stating that some cybercriminals were using cheating apps to help hitch - ride drivers quickly snatch orders, seriously undermining the fairness of order - snatching and the trading order of hitch - rides. Recently, based on the clues provided by Didi, the Minhang Police in Shanghai arrested a suspect who made cheating apps for hitch - ride order - snatching and seized five cheating apps such as "GG Bond" and "Little Fox", with the involved funds exceeding 2 million yuan. Currently, the suspect, Li, has been approved for arrest by the procuratorial organ on suspicion of disrupting computer information systems.

Yutong Bus: Sold 3,219 units in July, a year-on-year decrease of 4.05%

36Kr learned that Yutong Bus announced that it sold 3,219 units in July 2025, a year-on-year decrease of 4.05%. From January to July 2025, the company's cumulative sales volume reached 24,500 units, a year-on-year increase of 2.63%.

Fenbi: Estimated revenue in the first half of the year is not less than 1.472 billion yuan, and net profit is not less than 215 million yuan

36Kr learned that Fenbi released its performance forecast for the first half of 2025. It is estimated that the revenue in the first half of the year will be not less than 1.472 billion yuan, the net profit will be not less than 215 million yuan, and the adjusted net profit will be not less than 260 million yuan.

Peak Reaches a Cooperation Agreement with Feishu

36Kr learned that Peak, a sports footwear and apparel brand, announced a formal cooperation with Feishu, a product under ByteDance. It will fully introduce Feishu to accelerate the construction of a digital management system featuring "collaboration + business efficiency improvement".

Anta Responds to the Acquisition of Reebok

Recently, there have been market rumors that Anta Sports is about to complete the acquisition of the American sports shoe brand Reebok. Anta Sports' corporate communication department responded to this news, saying, "We do not comment on market rumors. We recommend referring to the information officially released by the company." (Jiemian)

LG Chem to Build South Korea's First Hydrotreated Vegetable Oil Plant

On August 4th, LG-Eni Biorefining, a subsidiary of South Korea's LG Chem, announced that it will build a hydrotreated vegetable oil (HVO) plant in Seosan City, South Korea. LG Chem said that this will be South Korea's first HVO plant, which is expected to be completed in 2027 with an annual production capacity of 300,000 tons. (Jiemian)

Investment and Financing:

"Zhongwan International" Co-Leads $40 Million Series A2 Financing Round for RD Technologies

36Kr learned that "Zhongwan International" recently announced that, as a co-lead investor, it, together with existing and new investors such as ZAGlobal, BrightVenture, and Hivemind Capital, has completed a $40 million Series A2 financing round for RD Technologies Group (hereinafter referred to as "RD Technologies"). Other institutions participating in this financing round also include Sequoia Capital China (HSG), Eternal Digital Capital, Junshi Investment, and Guotai Junan International Private Equity Fund.

New Products:

Pony.ai Launches Autonomous Driving Ride-Hailing Service in Pudong, Shanghai

36Kr learned that Pony.ai announced today that as one of the first batch of companies to obtain the new batch of intelligent connected vehicle demonstration operation licenses in Shanghai, it has jointly launched a regular Robotaxi service for the public in the Jinqiao and Huamu areas of Pudong with Jinjiang Taxi. From 7:30 a.m. to 9:30 p.m. from Monday to Friday, citizens can call a Robotaxi as a means of transportation through the "Pony.ai" mobile app or mini-program. The operation routes cover core business districts, landmark locations, and popular subway stations such as the People's Government of Pudong New Area, Lalaport Shopping Center, Century Park, and the subway station of Pudong Football Stadium.

Today's Views:

Luo Junjie of China National Machinery Industry Federation: The overall production and sales situation of mechanical industry products in the first half of the year was better than the same period last year

On August 4, Luo Junjie, the vice president of China National Machinery Industry Federation, said at the press conference on the economic operation situation of the mechanical industry that under the superimposed effect of the existing policies and the new round of "two new" policies with increased efforts and expanded scope, the domestic market demand improved, driving the overall production and sales situation of mechanical industry products to be better than the same period last year. In the first half of the year, among the 122 major products under key monitoring, the output of 84 products increased year-on-year, accounting for 68.9%, 7.4 percentage points higher than the same period of the previous year; the output of 38 products decreased year-on-year, accounting for 31.1%. (China Securities Journal)

Other news worthy of attention:

Joint Reminder from the State Administration for Market Regulation and the China Consumers Association: Ordinary Foods Cannot Claim Health - Care Functions

Recently, the State Administration for Market Regulation and the China Consumers Association jointly issued a reminder to alert consumers that ordinary foods are not allowed to claim health - care functions or involve disease prevention and treatment. Recently, on online shopping platforms, illegal merchants have packaged ordinary foods as "health - care wines" and exaggerated their efficacy. Chinese laws strictly prohibit false advertising of foods, and health foods cannot replace drug treatment. When making a purchase, consumers should recognize the product packaging labels. When buying health foods, they need to recognize the "blue hat" logo and purchase through regular channels to avoid easily believing promotional information from unknown sources. (The Paper)