Krypton Evening News | Huawei Announces Full Open - Sourcing and Opening of CANN to Co - build Ascend Ecosystem; Shenzhen Huaqiang: Business Cooperation with Unitree Technology is in the Advancement Stage, and the Scale Needs Further Improvement; Tencent and Others Invest in Seli Technology Co., Ltd., the Latter Being a Fabless Chip Design Company

Large Companies:

Huawei Announces Full Open - Source and Openness of CANN to Build the Ascend Ecosystem

On August 5th, the Ascend Computing Industry Development Summit was held in Beijing. Xu Zhijun, the rotating chairman of Huawei, announced at the meeting that Huawei's Ascend hardware - enabled CANN would be fully open - sourced and open, and the Mind - series application - enabled kits and toolchains would also be fully open - sourced, supporting users' independent in - depth exploration and customized development. In addition, the participating representatives and Huawei jointly launched the "Initiative for the Co - construction of the CANN Open - source and Open Ecosystem" to build the Ascend ecosystem together.

Pfizer's Second - Quarter Revenue Reaches $14.65 Billion

Pfizer's second - quarter revenue was $14.65 billion, exceeding market expectations. Pfizer expects its adjusted earnings per share for the full year to be between $2.90 and $3.10, and forecasts its full - year revenue to be between $61 billion and $64 billion. (Caixin)

Shenzhen Huaqiang: Business Cooperation with Unitree Technology is in the Promotion Stage, and the Scale Needs Further Improvement

36Kr learned that Shenzhen Huaqiang stated on the interactive platform that the company is mainly engaged in the trading and trading services of electronic components. Its business cooperation with Hangzhou Unitree Technology Co., Ltd. is in the promotion stage, and the scale needs further improvement. The company does not sell Unitree robot products, but the merchants under its "Huaqiang Electronics World" sell Unitree robot products.

Geely Automobile Responds to Rumors of Intelligent Driving Team Adjustment: The Plan is Not Determined and is Still Under Discussion

Recently, the integration of intelligent driving companies and teams within the Geely system has attracted attention. It is reported that the intelligent driving team of Zeekr, Geely Research Institute, and the intelligent driving brand "Maichi Zhixing" under Megvii Technology will be merged into Chongqing Qianli Intelligent Driving Technology Co., Ltd. (hereinafter referred to as Qianli Intelligent Driving), involving about 3,000 people. On August 5th, it was learned from the inside of Geely Automobile Group that the intelligent driving field is indeed in a major adjustment. As for the integration plan, the involved brands, and the number of people, they are not determined yet, and all parties are still in discussion. (NBD)

ANA Plans to Form a Joint Venture with Joby to Provide Air Taxi Services in Japan

On August 5th, All Nippon Airways (ANA) of Japan announced that it had reached a basic agreement with the US air taxi company Joby Aviation and would conduct comprehensive consultations on establishing a joint venture to provide air taxi services in Japan. The two parties aim to ultimately deploy more than 100 air taxis, starting from Tokyo and expanding the service to the whole of Japan. (Jiemian)

Xiaomi Smart Manufacturing Fund and Others Invest in Chongqing Huahui Coating Company

36Kr learned that the Aiqicha App shows that recently, Chongqing Huahui Coating Co., Ltd. has undergone industrial and commercial changes. Its registered capital has increased from about 27.78 million yuan to about 31.67 million yuan. New shareholders include Beijing Xiaomi Smart Manufacturing Equity Investment Fund Partnership (Limited Partnership) and Guangzhou Kaide Xinghang Venture Capital Fund Partnership (Limited Partnership). At the same time, the company's main personnel have also changed. Chongqing Huahui Coating Co., Ltd. was established in August 1999, with Wang Ping as its legal representative. Its business scope includes the R & D, production, sales, and technical consultation of polyurethane paint, polyester paint, diluent, acrylic paint, and curing agent. Shareholder information shows that the company is now jointly held by Wang Ping, BYD Co., Ltd., and the above - mentioned new shareholders.

Tencent and Others Invest in Saili Technology Company, a Fabless Chip Design Company

36Kr learned that the Aiqicha App shows that recently, Saili Technology (Suzhou) Co., Ltd. has undergone industrial and commercial changes. The original shareholders such as Suzhou Wuzhong Luzhi Duanjinmiao Science and Technology Innovation Investment Partnership (Limited Partnership) have withdrawn, and new shareholders include Guangxi Tencent Venture Capital Co., Ltd. Saili Technology (Suzhou) Co., Ltd. was established in June 2021, with Zhang Ke as its legal representative and a registered capital of about 6.07 million yuan. Its business scope includes integrated circuit chip design and services, integrated circuit chips and product sales, and electronic measuring instrument sales. Public information shows that Saili Technology (Suzhou) Co., Ltd. is a fabless chip design company.

Vietnamese Electric Vehicle Manufacturer VinFast's Indian Assembly Plant is Officially Inaugurated, with an Annual Production Capacity of up to 150,000 Vehicles

On August 4th local time, Vietnamese electric vehicle manufacturer VinFast officially held the inauguration ceremony of its electric vehicle assembly plant in the SIPCOT Industrial Park in Tamil Nadu, India. The Tamil Nadu plant of VinFast is the company's fifth project globally and the third officially operational production base. It is also VinFast's first plant outside Vietnam. After full operation, the plant is expected to directly create 3,000 to 3,500 jobs locally and thousands of indirect jobs. In the initial stage, the plant will focus on assembling two electric SUV models, VF 7 and VF 6. The initial annual production capacity is 50,000 vehicles, which can be increased to 150,000 vehicles in the future to meet the growing market demand. (Jiemian)

Investment and Financing:

China National Aviation Fuel Establishes an Investment Company with 1 Billion Yuan

36Kr learned that the Aiqicha App shows that recently, China National Aviation Fuel Group Investment Co., Ltd. was established, with Duan Jingju as its legal representative and a registered capital of 1 billion yuan. Its business scope is to engage in investment activities with its own funds. Shareholder information shows that the company is wholly - owned by China National Aviation Fuel Group Co., Ltd.

Strong Brain Technology is Reportedly Seeking Pre - IPO Financing at a Valuation of Over $1.3 Billion

Strong Brain Technology is in talks to raise funds at a valuation of over $1.3 billion and may conduct an initial public offering (IPO) in Hong Kong or the Chinese mainland later. People familiar with the matter said that the company, founded in 2015 by Harvard alumnus Han Bicheng, is in talks to obtain about $100 million in pre - IPO financing. The people said that the startup has started preparing listing documents, but the listing location or other details have not been determined. The discussions about financing and IPO are still full of uncertainties, and the specific details may change according to market conditions. The representative of the startup has not responded to the request for comment. (Sina Finance)

New Products:

Wondershare SkyMagic is Officially Launched on Both Ends

36Kr learned that on August 5th, Wondershare Technology officially opened the Web - end creation platform Wondershare SkyMagic Creation Square and launched the mobile - end AIGC application new product Wondershare SkyMagic AI App. The price of a single AI video generation is as low as $0.25 in the first month. Currently, Wondershare SkyMagic AI App has been launched on the Apple App Store and multiple Android app stores. In addition, Wondershare Technology also launched the Wondershare SkyMagic Creation Engine for developers and enterprise users, opening API interfaces and supporting the MCP protocol.

Unitree Technology Releases a New Quadruped Robot Dog

36Kr learned that on August 5th, Unitree Technology released a new quadruped robot dog product, Unitree A2, with a whole-machine weight of about 37 kilograms and a battery life of 20 km when unloaded. The video shows that the maximum running speed of A2 is 5 meters per second, and the maximum climbing height is 1 meter.

Today's Views:

Dajia Weikang: Continuously Optimistic about New Chinese Medicine and Innovative Drugs, Closely Monitoring and Exploring Layout Feasibility

36Kr learned that Dajia Weikang stated on the interactive platform that some of the R & D products of its subsidiary Tianji Caotang, such as Sacubitril Valsartan Sodium Tablets, are undergoing technical reviews, and Ezetimibe Atorvastatin Calcium Tablets are being prepared for application. The company continuously optimistically views the development potential and market prospects of new Chinese medicine and innovative drugs, closely monitors, and explores the feasibility of layout to improve the industrial chain layout.

Many Members of the Bank of Japan's Policy Board: Cutting Bond Purchases Too Quickly May Affect Market Stability

According to the minutes of the Bank of Japan's June meeting, many members of the policy board believe that if the central bank cuts bond purchases too quickly, it may have unforeseen impacts on market stability. (Sina Finance)

Other Notable News:

The Number of Effective Customers in the Futures Market Exceeds 2.6 Million, Reaching a Record High

According to the latest statistics from the China Futures Market Monitoring Center, in the first half of 2025, the whole market added 410,000 new futures customers, a 2.5% increase compared with the same period last year. As of the end of June 2025, the total number of effective customers in the whole market climbed to 2.61 million, reaching a record high, a 12% year - on - year increase. (Securities Times)

The General Office of the State Council Issues the "Opinions on Gradually Implementing Free Preschool Education"

Recently, the General Office of the State Council issued the "Opinions on Gradually Implementing Free Preschool Education". The "Opinions" clarify that starting from the autumn semester of 2025, the tuition and miscellaneous fees for children in public kindergartens in the first year of preschool education will be waived. The standard for waiving tuition and miscellaneous fees shall be implemented in accordance with the tuition and miscellaneous fees standards for public kindergartens approved by local people's governments at or above the county level and their education and price - control departments (excluding meal fees, accommodation fees, and miscellaneous fees). For school - age children studying in private kindergartens approved by the education department, the tuition and miscellaneous fees shall be correspondingly reduced according to the exemption level of local public kindergartens of the same type. The part of the tuition and miscellaneous fees of private kindergartens that exceeds the exemption level can be continued to be charged to the families of children in the kindergarten as stipulated. The financial department shall subsidize the kindergartens for the part of the income reduction caused by the waiver of tuition and miscellaneous fees, comprehensively considering the number of children in the kindergarten whose tuition and miscellaneous fees are waived and the actual average tuition and miscellaneous fees per student in the local area. (Xinhua News Agency)