At 8:00, One Krushers Minute｜The General Office of the State Council: Exempt public kindergartens from charging fees for the one-year pre-school education; The Supreme People's Court stipulates that "agreements not to pay social insurance are invalid"; Shenzhen Metro Group lends Vanke another 1.68 billion yuan.
Top 3 Big News
State Council Office: Exempt Preschool Education Fees for the Last Year in Public Kindergartens
Recently, the General Office of the State Council issued the "Opinions on Gradually Implementing Free Preschool Education". The "Opinions" clearly state that starting from the autumn semester of 2025, the preschool education fees for children in the last year of public kindergartens will be exempted.
The standard for exempting preschool education fees shall be implemented in accordance with the preschool education fee standards (excluding meal fees, accommodation fees, miscellaneous fees, etc.) of public kindergartens approved by local people's governments at or above the county level and their education and price authorities. For school - age children studying in private kindergartens approved by the education department, the preschool education fees shall be correspondingly reduced or exempted with reference to the exemption level of local public kindergartens of the same type.
The part of the preschool education fees in private kindergartens that exceeds the exemption level can continue to be charged to the families of children in the kindergarten as stipulated. For the part of the kindergarten's reduced income due to the exemption of preschool education fees, the finance department shall subsidize the kindergarten by comprehensively considering the number of children in the kindergarten whose preschool education fees are exempted and the actual average per - student preschool education fee level in the local area. (Xinhua News Agency)
New Social Insurance Regulations to Take Effect on September 1st: Any Agreement on "Not Paying Social Insurance" Is Invalid
On August 1st, the Supreme People's Court held a press conference to release the "Interpretation (II) of the Supreme People's Court on Issues Concerning the Application of Law in the Trial of Labor Dispute Cases". The interpretation will come into force on September 1st. The judicial interpretation clearly stipulates that any agreement on "not paying social insurance" is invalid, whether it is through mutual negotiation or a unilateral commitment by the employee. The judicial interpretation further stipulates that if an employee terminates the labor contract on the grounds that the employer has failed to pay social insurance premiums in accordance with the law and requests the employer to pay economic compensation, the people's court shall support it in accordance with the law. (CCTV News)
Major shareholder Shenzhen Metro Group continues to provide financial support to Vanke, and Vanke secures another loan of 1.681 billion yuan
On August 5th, China Vanke Co., Ltd. (Vanke A, 000002.SZ) issued an announcement stating that Shenzhen Metro Group Co., Ltd., Vanke's largest shareholder, will provide Vanke with a shareholder loan of up to 1.681 billion yuan. This is the second loan Vanke has received from Shenzhen Metro Group within a week. On July 30th, the major shareholder Shenzhen Metro Group had already provided it with a loan of 869 million yuan. Similar to previous loans, this loan will be used to repay the principal and interest of Vanke's bonds issued in the public market, as well as the designated loan interest approved by the lender. The loan term is no more than 3 years, and the current loan interest rate is 2.34%. Statistics show that since the beginning of this year, Shenzhen Metro Group has cumulatively provided Vanke with loans totaling 24.369 billion yuan. (The Paper)
Large companies/Major events
TSMC Fires Multiple Employees for Illegally Obtaining 2-Nanometer Chip Information
According to Nikkei Asia, TSMC has fired multiple employees who violated regulations on accessing sensitive information about cutting-edge chip technology and has initiated legal proceedings in this regard. Multiple sources familiar with the matter revealed that several former TSMC employees were suspected of attempting to obtain key proprietary information related to the development and production of 2-nanometer chips during their tenure.
In response, TSMC stated that in a recent routine monitoring, it "discovered unauthorized activities and then detected a potential leakage of trade secrets." On August 4, TSMC said it had taken "strict disciplinary actions against the involved individuals and initiated legal proceedings." TSMC refused to disclose specific details of the involved technology. TSMC also said, "The company has a zero-tolerance policy for any behavior that endangers the protection of trade secrets or harms the company's interests. Such violations will be dealt with strictly and pursued to the full extent of the law." (Phoenix Tech)
Shenzhen's Huaqiangbei Bans Kids from Delivering Takeaways on Behalf of Others
On the evening of August 4th, a notice titled "Notice on Not Allowing Children to Participate in Takeaway Delivery Activities" circulated online, bearing the signature of the Huaqiangbei Sub - district Office. On August 5th, reporters confirmed from the Huaqiangbei Sub - district Office in Futian District, Shenzhen that the notice was indeed issued by the sub - district and was addressed to all merchants and property management companies in the jurisdiction.
The notice mentioned that recently, the minor children of some merchants and property management staff have participated in "delivering takeaways on behalf of others" in Huaqiangbei. "The original intention of parents to cultivate their children's independence and encourage them to'stay away from electronic products and participate in social practice' is understandable and worthy of affirmation. However, since the children are still young, such activities pose unpredictable safety hazards and may also involve relevant legal issues, which have attracted extensive attention and discussion."
The notice called on all merchants to stop allowing children to participate in "delivering takeaways on behalf of others" from now on and not to allow takeaways in this business district to be delivered by children. "The sub - district has held talks with relevant takeaway platforms to prohibit children from delivering takeaways." (Yangcheng Evening News)
Li Auto Announces: The Ideal i8 Will Have a Unified Max Version, with the Price Reduced to 339,800 Yuan, and the Pro and Ultra Versions Will Be Cancelled
On August 5th, Li Auto announced that it has decided to unify the configuration versions of the Ideal i8. The Ideal i8 Max will be the standard configuration, and the selling price will be adjusted from 349,800 yuan to 339,800 yuan. Meanwhile, a platinum audio system worth 10,000 yuan will be given away for free, and a rear - cabin entertainment screen set will be available as an optional add - on at a price of 10,000 yuan. Users who originally chose the Ultra version at a price of 369,800 yuan can now get all the originally selected configurations for only 349,800 yuan. For users who originally chose the Pro version, Li Auto will provide options for cancellation or upgrade and offer exclusive services.
It is understood that some users previously complained that the version options of the Ideal i8 were rather complicated and difficult to choose from. Some high - end optional configurations were not supported. In particular, users hoped that the refrigerator would be a standard feature and that the second - row screen would be available as an optional add - on. (Red Star News)
Trump: Tariffs on Indian goods imported to the US will be "significantly" raised within the next 24 hours
On August 5 local time, US President Donald Trump said in an interview with CNBC that, in view of India's continuous purchase of Russian oil, he will "significantly" raise the tariffs on Indian goods imported to the US within the next 24 hours. The current tariff rate is 25%. Trump did not specifically mention the new tariff rate for India. One day earlier, on August 4, Trump posted on his social media platform "Truth Social" that India not only buys a large amount of Russian oil but also sells most of it on the open market to make huge profits. Therefore, he will significantly raise the tariffs that India pays to the US. (CCTV News)
Goldman Sachs Allegedly Plans to Acquire Stake in World's Second-Largest Ice Cream Manufacturer for €15 Billion, Häagen-Dazs May Change Hands
It is reported that Goldman Sachs, a Wall Street giant, may acquire the stake in Froneri, the world's second-largest ice cream manufacturer, from French private equity firm PAI for €15 billion (approximately RMB 125 billion) in the near future. According to people familiar with the matter, Goldman Sachs' asset management division plans to acquire the stake in Froneri through a continuation fund. Froneri is a joint venture established in 2016 by PAI and multinational giant Nestlé, with each holding a 50% stake. Currently, it produces well - known ice cream brands such as Häagen - Dazs, Oreo, and Cadbury for the US market. (Cailian Press)
All Hema membership stores will cease operations, and the last membership store will close on August 31
On August 4, it was reported that all Hema membership stores will cease operations. On July 29, an announcement at the Beijing Shijiezhihua store of Hema X Membership Store showed that the store would stop operating on July 31, two days later. Also on July 31, the Xiangcheng store in Suzhou and the Yanziji store in Nanjing of Hema X Membership Store also closed. After that, there was only one Hema X Membership Store left in the country. However, when a reporter from Economic Observer called the Shanghai Senlan store of Hema X Membership Store, the customer service confirmed that this store would also close on August 31. So far, all of Hema's membership stores have ceased operations. This means that Hema has completely divested its membership store business, which was once regarded as the "second growth curve" and was claimed to be a competitor to Costco. (Economic Observer)
More than 21.42 million yuan worth of compulsory enforcement has been carried out against Smartisan Technology under Luo Yonghao
According to the Aiqicha app, recently, two new pieces of information about being a person subject to enforcement have been added for Smartisan Technology (Chengdu) Co., Ltd. The total amount of the enforcement target is more than 21.42 million yuan, and the enforcement court is the People's Court of Haidian District, Beijing. Smartisan Technology (Chengdu) Co., Ltd. was established in May 2012. The legal representative is Guan Zhiliang, and the registered capital is approximately 31.498 million yuan. Its business scope includes basic software services, application software services, organizing cultural and artistic exchange activities, and hosting exhibition and display activities. The information on the main personnel shows that Luo Yonghao serves as the chairman of the company and holds approximately 23% of the shares. (21st Century Business Herald)
The Shanghai Stock Exchange Issues a Circular on Matters Related to Shanghai Shangwei New Materials Co., Ltd.
36Kr learned that the Shanghai Stock Exchange issued a circular on matters related to Shanghai Shangwei New Materials Co., Ltd. Recently, the stock of Shanghai Shangwei New Materials Co., Ltd. has experienced serious abnormal fluctuations on multiple occasions. The company has issued risk warning announcements several times, reminding investors to make prudent investments and pay attention to investment risks. In recent days, the stock price of this company has continued to fluctuate significantly. Some investors engaged in abnormal trading behaviors during the trading process of this stock, which affected the normal trading order of the market and misled investors' normal trading decisions. The Shanghai Stock Exchange has taken self - regulatory measures of suspending account trading against relevant investors in accordance with regulations. The Shanghai Stock Exchange once again reminds investors to pay attention to risks, participate prudently, and conduct transactions in compliance with regulations.
Official Response to Tourists' Alleged Graffiti on the Wall of Huayan Temple in Datong: Caused by Wiping Away Surface Dust with Fingers
Recently, some netizens claimed that someone had engraved words on the wall of Huayan Temple in Datong, Shanxi Province. The incident quickly sparked a heated discussion among netizens. On the 5th, a staff member of the Datong Liao and Jin Culture and Art Museum, the management institution of Huayan Temple, told a reporter from China National Radio that the marks were just temporary imprints formed after the surface dust was wiped away, and they did not cause any damage to the paint layer of the outer wall of the hall.
The staff member of the Datong Liao and Jin Culture and Art Museum said that after on - site investigation and appraisal, the marks on the wall were actually caused by tourists wiping away the surface dust with their fingers, not by carving. As a precious wooden structure from the Liao Dynasty, the wall of the Bogujiaozang Hall in Huayan Temple has a unique tapering structure characteristic of ancient buildings, which makes it easy for dust to accumulate naturally on the vertical surface. The marks were just temporary imprints formed after the surface dust was wiped away, and they did not cause any damage to the paint layer of the outer wall of the hall, so no intervention or repair is needed. (China National Radio)
USA: Tourists from some countries need to pay a maximum deposit of $15,000 when entering the country
The United States is launching a pilot program for a new regulation on the entry of foreign nationals, which may require some inbound travelers to pay a deposit of up to $15,000. According to an interim rule published in the U.S. Federal Register on August 5, the U.S. State Department will collect a maximum deposit of up to $15,000 from applicants from some countries for business and tourist visas to the United States. This pilot program will last for 12 months and is expected to take effect 15 days after its official announcement.
This project is, to some extent, targeted at tourists from countries with a historically high rate of overstaying visas. It can be regarded as the latest move by the Trump administration to tighten U.S. immigration policies. It is expected that the U.S. State Department will announce the list of countries whose citizens need to pay the deposit within a few days at the earliest. (Caixin)
Elon Musk's fortune has evaporated by $75 billion this year, and he may lose the title of the world's richest person this year
Elon Musk's role as the head of the "Department of Government Efficiency" seems to have had a greater impact on his wealth than expected. According to the Bloomberg Billionaires Index, so far this year, Musk's wealth has shrunk by more than $75 billion, and his net worth has dropped to about $357 billion, far lower than the peak of over $450 billion at the end of 2024. The decline is mainly due to the performance of his 13% stake in Tesla. Tesla's stock price has fallen by nearly 20% this year.
Musk's leading position as the world's richest person has been eroded by his rivals: Larry Ellison, the founder of Oracle, and Mark Zuckerberg, the CEO of Meta, are closing in. Currently, the gap between Musk's and Ellison's fortunes is only about $54 billion. Oracle has witnessed explosive growth this year, rising by more than 50% thanks to its AI strategy and cloud - computing business, causing Ellison's wealth to soar rapidly. If this trend continues, Musk is very likely to lose the title of the world's richest person before the end of the year. (Sina Finance)
Wanda Film Faces Another Shareholding Reduction by Major Shareholder, Which Is an Affiliated Company of Alibaba
On August 4th, Wanda Film released an announcement regarding a 1% change in the equity of shareholders holding more than 5% of the company's shares. The announcement shows that Hangzhou Zhenxi Investment Management Co., Ltd., a shareholder holding more than 5% of the company's shares, plans to reduce its holdings of the company's shares by no more than 29,411,164 shares in total, that is, no more than 1.3927% of the company's total share capital, through centralized bidding and block trading within three months after 15 trading days from the date of the announcement.
Hangzhou Zhenxi is an affiliated company of Alibaba Group. According to Wanda Film's 2024 annual report, Hangzhou Zhenxi is the fourth - largest shareholder of the company. After this shareholding reduction, Hangzhou Zhenxi holds 126,706,536 shares of the company, accounting for 6% of the company's total share capital. (Jiemian News)
Tencent's Zhang Jun Responds to Cloud Customer Service Impersonating Tencent Meeting: Fortunately, the App Name Gave It Away
On August 5th, it was reported that CCTV had exposed software such as the so - called "Cloud Customer Service" in May this year. In fact, these are some remote - control apps that scammers induce victims to download. They induce users to gradually turn on the screen - sharing function, thus carrying out fraud activities.
Zhang Jun, the public relations director of Tencent, posted a response on the evening of August 4th, saying, "Just now when I saw this thing, I rubbed my eyes hard, thinking I was seeing things. The imitation was seamless. Fortunately, the app name below gave it away. Here is the real Tencent Meeting. Everyone, don't be deceived." (IT Home)
An insider at NetEase responded to the downtime of multiple NetEase games: It was a network failure in the computer room, and it's very difficult to troubleshoot
On the morning of August 5th, multiple games under NetEase, such as "Onmyoji", "Identity V", "Seven Days in the World", and "A Record of Mortal's Cultivation to Immortality", experienced abnormalities.
An insider at NetEase told the media, "There was also a small problem with the internal office system popo. Messages can be sent and received, but some business operations can't be carried out." The insider analyzed that this downtime was most likely caused by problems with NetEase's internal servers. NetEase also issued an internal announcement confirming this view. "Due to a network failure in the computer room, some services of POPO (cloud storage, tasks, workbench, open platform, etc.)... The operation and maintenance team is dealing with it urgently." "The main issue is that the scope of the downtime is too large, making it very difficult to troubleshoot. Just restarting the servers would take half a day." (IT Home, Phoenix Tech)
Elon Musk Claims: Tesla Owners Will Be Able to Play Games While Driving in 3 - 6 Months
On August 5th, a video circulating on X recently showed that a car owner was playing "Grand Theft Auto" while enabling the FSD function in a Cybertruck. Tesla CEO Elon Musk commented on the video, stating that drivers will soon be able to play video games while driving. This "crazy" feature will be launched as soon as 3 to 6 months from now, provided that it gets approval from local regulatory authorities. Although this feature sounds exciting, the current FSD has not been officially recognized as a "fully autonomous driving" system. Tesla has also repeatedly emphasized that despite the continuous improvement of the FSD function, the driving responsibility still lies with the car owner, who must be ready to take over the vehicle at any time. (IT Home)
Beingmate Responds to Milk Powder Price Hike: No Price Increase for All Products
Recently, media reported that many parents posted on social platforms saying that prices of mother and baby products such as milk powder, diapers and baby food had increased, including some products of brands like Beingmate.
In response, Beingmate replied that all of its products had not increased in price, asking the public not to believe or spread rumors. In addition, on August 3, the Douyin account of Beingmate's official flagship store also posted a video saying that Beingmate adheres to a 5% profit margin and there has been no price increase for all products. Beingmate mentioned that it continuously promises to make an honest profit. "The implementation of the national child - rearing subsidy program shows that a major direction of national policy is to reduce the cost of child - bearing, rather than an opportunity for relevant enterprises to seek profits." (Jiemian News)
Trump: May Announce New Fed Chair Soon
On August 5 local time, US President Donald Trump said that he might announce the new chair of the Federal Reserve soon. During an interview with CNBC, Trump said that he had narrowed down the list of potential future Fed chairs to four candidates, and the list does not include Treasury Secretary Scott Bessent. (CCTV News)
NVIDIA: There are no backdoors, kill switches, or monitoring software in the chips
36Kr learned that NVIDIA issued a statement saying that there are no backdoors, kill switches, or monitoring software in its chips.
All three major U.S. stock indexes closed lower, and most large technology stocks declined
36Kr learned that at the close on August 5, all three major U.S. stock indexes declined. The Dow Jones Industrial Average fell 0.14%, the Nasdaq Composite dropped 0.65%, and the S&P 500 Index declined 0.49%. Most large technology stocks declined. Microsoft, Meta, and Netflix fell more than 1%, NVIDIA dropped nearly 1%, and Google, Apple, and Tesla posted slight declines. Intel rose more than 3%, and Amazon climbed nearly 1%. Popular Chinese concept stocks showed mixed performance. Zhihu rose more than 6%, Bilibili and XPeng Motors climbed more than 2%, and Pinduoduo and iQiyi posted slight gains. Baidu and NIO fell more than 2%, and JD.com, Alibaba, and Li Auto posted slight declines.
Hainan Airlines Launches "One Passenger, Two Pets" Service: Allowing Passengers to Bring Two Pets into the Cabin
On August 4th, Hainan Airlines announced the launch of the "One Passenger, Two Pets" service, allowing passengers to bring two pets into the cabin under the premise of meeting the regulations. Changchun has officially joined the in - cabin pet transportation service network, and the restrictions on purchasing in - cabin pet tickets at stopover stations have also been lifted. A total of 112 stopover routes have been included in the service scope. As of now, Hainan Airlines has provided in - cabin pet services in 35 departure cities across the country, covering more than 450 routes. (Daily Economic News)
South Korea's Minimum Hourly Wage in 2026 to Be 53.51 Yuan, Up 2.9% from This Year
The Ministry of Employment and Labor of South Korea announced on the 5th that the final minimum hourly wage for 2026 has been set at 10,320 won (approximately 53.51 yuan), a 2.9% increase from this year. The increase in the minimum hourly wage next year is higher than that of this year (1.7%) and 2021 (1.5%). Calculated based on the minimum hourly wage, the minimum monthly salary (calculated based on 209 working hours per month) will be 2.15688 million won, which will apply to all units in various industries. (Sina Tech)
The Cutting - Edge of AI
OpenAI Releases AI Models with Open Weights
On August 5th, OpenAI stated that two models named GPT-oss-120b and GPT-oss-20b respectively will be launched on the AI software hosting platform Hugging Face. After users input instructions, these models can generate text, but they do not support images or videos. The company said that these models can also perform complex tasks such as writing code and searching for information online.
It is worth noting that both of these models are open-weight systems, similar to Meta's Llama model. The "weights" mentioned here refer to the parameters of the AI model. OpenAI has made public numerous numerical parameters obtained and adjusted by the models during the training process to enable developers to better customize the models. However, OpenAI has not made public the data used to train the models, so these models do not meet the criteria of a truly open-source AI model. (Sina Finance)
Financial Reports of Big Companies
BP's operating cash flow in the second quarter was $6.27 billion, higher than market expectations
BP's operating cash flow in the second quarter was $6.27 billion, compared with an estimate of $6.15 billion; its adjusted earnings per share in the second quarter were $0.1503, compared with an estimate of $0.12; and its revenue in the second quarter was $47.68 billion, compared with $48.25 billion in the same period last year. (Caixin on the Beat)
DHL Group's Q2 Revenue Drops 3.9% Year-on-Year to €19.8 Billion
On August 5th, according to DHL Group's financial report, in the second quarter of 2025, the group's revenue decreased by 3.9% year-on-year to €19.8 billion; the earnings before interest and taxes (EBIT) increased by 5.7% year-on-year to €1.4 billion; the EBIT margin rose by 0.7 percentage points to 7.2%. Based on the current assessment, DHL Group expects that its performance guidance for the fiscal year 2025 remains unchanged: it is estimated that the full - year EBIT will reach at least €6 billion, and the free cash flow (excluding mergers and acquisitions) will be approximately €3 billion. (Jiemian News)
Investment and Financing
"Songyan Power" Completes Hundreds of Millions of Yuan in Series A++ Round Financing
36Kr learned that "Songyan Power" recently completed hundreds of millions of yuan in Series A++ round financing. This round of financing was led by Jinpu Capital, with follow-on investments from institutions such as BAIC Capital, CICC Capital, JinkoSolar, Yunhui Capital, Youshan Capital, Zhuoyuan Capital, and Yuanzhi Future.
"Pacini" Completes a New Round of Series A Financing, Strategically Led by JD.com
36Kr learned that "Pacini" has completed a new round of Series A financing. This round is strategically led by JD.com, with follow - on investments from Puyao Xinyie, Hongzhao Fund, Zhangke Yaokun, listed company Newland, Beijing Changping Advanced Energy Manufacturing Industry Direct Investment Fund, Caixin Capital, and Fuzhuo Investment. Existing shareholders such as Hunan Caixin Industrial Fund, Junxi Capital, TCL Venture Capital, and Yida Capital have continued to increase their investments. Gengxin Capital China continues to serve as the exclusive strategic financial advisor.
"Ruishou Pets" announced the completion of tens of millions of yuan in angel - round financing on August 5th
36Kr learned that "Ruishou Pets" announced the completion of tens of millions of yuan in angel - round financing on August 5th. This round of financing was invested by Huangshan District Agriculture, Culture and Tourism Development Co., Ltd. in Huangshan City. The funds obtained from the financing will be mainly invested in the research and application of embryo engineering technology, the upgrade of the pet genetic defect screening and blocking platform based on single - cell amplification technology, the expansion of the service network, and the optimization of the supply - chain system.
Cool Products
Unitree Technology Unveils New Quadrupedal Robot Dog
36Kr learned that on August 5th, Unitree Technology launched a new quadrupedal robot dog product, the Unitree A2. The whole machine weighs approximately 37 kilograms and has a battery life of 20 km when unloaded. Videos show that the A2 can reach a maximum running speed of 5 meters per second and a maximum climbing height of 1 meter. According to the videos, the A2 can withstand an adult male jumping on its back and can also maintain stable walking on complex terrains such as gravel roads. According to the information disclosed by Unitree Technology, this product is designed for industrial applications.
Video of Apple's Brain-Controlled Device Exposed: ALS Patient Controls iPad with Thoughts
On August 5th, it was reported that in May this year, Apple announced new accessibility features, including Brain-Computer Interface (BCI). For users with limited mobility, iOS, iPadOS, and visionOS will add support for a switching control protocol for BCI. Apple stated that this breakthrough technology enables device control without physical operation, which means that the iPhone, iPad, and Apple Vision Pro will support thought control.
On August 4th, the first video of Apple's brain-controlled device was exposed. The Stentrode device developed by its partner Synchron was minimally invasively implanted on the surface of the cerebral blood vessels through the jugular vein, making thought control a reality. In the video, Mark Jackson, an ALS patient, became one of the first recipients of the implant in 2023. Now, he can select icons, open apps, and even type text on the iPad with just his thoughts. (Sohu Technology)
Early Access to Apple Music for Android 5.0: Adjusted Buttons and Pinned Music
On August 5th, tech media 9to5Mac published a blog post reporting that Apple is inviting Android users to test the 5.0 Beta version of the Apple Music app. Although it doesn't feature the same "liquid glass" design as iOS 26, it introduces pill-shaped buttons and adds the "Pin Music to Library" function. In terms of appearance, Apple has adjusted the buttons in the new Android version of Apple Music, replacing the rounded rectangular buttons with pill-shaped ones. This change has been applied to the shuffle, repeat, and autoplay functions at the top of the queue, but the home screen widgets remain unchanged for now. (IT Home)
Tribute to Kodak Super 8: Startup Launches Camp Snap CS-8 Retro-Style Handheld "Movie Camera"
On August 5th, startup Camp Snap launched a retro CS-8 camera. The overall design is inspired by Kodak's classic Super 8 film movie camera and is priced at $149 (approximately 1,070 Chinese yuan at the current exchange rate). According to the introduction, the Camp Snap CS-8 features a pistol-grip structure and a trigger-style shutter button. Users can start or stop recording simply by pressing the trigger with their index finger, claiming to be "intuitively operated and especially suitable for quickly shooting short videos." There is a physical meter on the side of the body to display the remaining battery power and SD card storage space. The device has no display screen and only provides an electronic viewfinder to further restore the experience of using a film movie camera. There is a series of knobs on the side of the body to switch between filters such as black and white/retro brown, and another knob can adjust the aspect ratio, supporting 16:9, 4:3, 9:16 (portrait), and square formats. (IT Home)
Compiled | Xiaoguo