At 8 a.m., here are the latest news: Offcn Education needs 17 years to refund 17,000 yuan; The housing prices in Hegang have risen by over 800 yuan in the past five years; The CSRC has issued a fine of 160 million yuan.
Carefort Medical
36Kr learned that Carefort Medical announced that the company intends to issue foreign shares for overseas listing (H shares) and apply for listing on the Main Board of The Stock Exchange of Hong Kong Limited to accelerate the company's global strategic layout and enhance its overseas business expansion capabilities, as well as its brand image and popularity. The work of this issuance and listing still needs to be submitted to the company's general meeting of shareholders for deliberation and obtain the filing, approval and/or verification of relevant government agencies and regulatory authorities.
Shuangdeng Group Co., Ltd.
36Kr has learned that documents from the Hong Kong Stock Exchange show that Shuangdeng Group Co., Ltd. has passed the listing hearing of the Hong Kong Stock Exchange. The joint sponsors are China International Capital Corporation, Huatai International, and CCB International.
OFFCN Education needs 17 years to refund 17,000 yuan. Staff response: There is a problem with the capital chain
Recently, Miss Liu in Wuhan reported that in order to pass the exam smoothly, she spent more than 20,000 yuan to sign up for a training course at OFFCN Education in 2024. The contract stipulated that if Miss Liu failed the written exam, OFFCN Education would refund 17,000 yuan. Later, Miss Liu failed the exam. When she approached the institution, they said that they could refund the money, but only 1,000 yuan per year. It would actually take 17 years to refund the full amount.
The reporter accompanied Miss Liu to the OFFCN Education Training School in Hongshan District, Wuhan. The staff at the front desk confirmed Miss Liu's statement. She explained that the reason for putting forward such conditions was that there was a problem with OFFCN Education's capital chain.
The staff advised Miss Liu to solve the problem through litigation. The institution could provide an online prosecution system, and she could apply online and just wait for the court session. Miss Liu didn't need to hire a lawyer, and the winning rate was 100%, but she had to wait. "Another option is to offset the money with goods. You can offset 60% of the money with goods, and the remaining money will be refunded to you in about 30 days." (Jing Shi Live)
In the past five years, housing prices in Hegang have risen by over 800 yuan, and a high - end residential complex worth millions has been recently developed
On August 10th, Hegang, a small border city in Heilongjiang Province that once became famous for its "cabbage - price" housing, is breaking the "low - price label" of the real estate market under the combined effect of industrial transformation and ecological value. It has built several high - end smart communities. Recently, the opening sale of a new real estate project in Xiangyang District, Hegang, has attracted attention and many out - of - town tourists have placed orders. The sales center of the property introduced that the community is positioned as high - end housing, mainly consisting of small high - rises and townhouses with sunken terraces. The property management fee is 2.35 yuan per square meter, and the price of a parking space with property rights is 200,000 yuan. Calculated at a unit price of 5,500 yuan, a 176 - square - meter three - bedroom and one - living - room apartment is priced at about 970,000 yuan.
According to the relevant person in charge of the Housing and Urban - Rural Development Bureau, the average price of newly built commercial housing in Hegang has steadily increased from 3,046 yuan per square meter to 3,860 yuan per square meter in the past five years. From 2019 to 2024, the number of second - hand housing transactions in Hegang has increased by 10,000 units. At the same time, the scale of housing purchases by non - locals has significantly expanded. In 2019, 1,134 units were purchased by non - locals (accounting for 16.31%), and this number rose to 5,680 units in 2024 (accounting for 34.05%), nearly a four - fold increase. (Red Star News)
The CSRC Conducts a Thorough Investigation into the Serious Financial Fraud Case of *ST Gaohong and Issues a Fine of 160 Million Yuan
The China Securities Regulatory Commission (CSRC) announced on August 9 that it had seriously investigated the serious financial fraud case of *ST Gaohong. It intends to fine the relevant responsible entities 160 million yuan and fine the third-party that colluded in the fraud 7 million yuan. In response, *ST Gaohong stated that it had received the "Prior Notice of Administrative Penalty" issued by the CSRC. According to the facts identified in the notice, the company has triggered the major illegal compulsory delisting situation stipulated in relevant regulations and may be subject to major illegal compulsory delisting. As of the close on August 8, *ST Gaohong's stock price was reported at 2.21 yuan per share, with a total market value of 2.559 billion yuan. The latest disclosed data shows that *ST Gaohong has a total of 52,000 shareholders. (CCTV Finance)
Stock Price of Crocs, the Clog Giant, Plunges 30%; US Tariffs Hit Crocs' Profits Hard
On the 7th local time, Crocs, the US-based clog manufacturer, released its latest performance report. The report predicts that the company's revenue in the third quarter of this year will decline year-on-year. Previously, analysts generally predicted a slight increase in third-quarter revenue. The company said that currently, US consumers are extremely cautious about spending on non-essential items, resulting in a decline in store footfall. Moreover, concerns about price hikes may further suppress consumer willingness.
Crocs said that the US tariff policy will damage the company's profitability. In the second half of this year, the additional costs brought by tariffs to the company are estimated to be $40 million, and it may reach $90 million for the whole year, approximately equivalent to 647 million yuan. Affected by this news, the stock price of Crocs traded on the Nasdaq Exchange plunged nearly 30% on the 7th, marking the largest single-day decline in nearly 14 years. (CCTV Finance)
US government offers $1 billion settlement to UCLA, California governor slams it as 'extortion'
California Governor Gavin Newsom on local time August 8th slammed the Trump administration's demand for a $1 billion settlement from the University of California, Los Angeles (UCLA), calling it "extortion."
US Fox News reported that a proposed settlement agreement sent to the school on the 8th requires UCLA to pay the US federal government $1 billion in installments. "Politico" cited sources and a draft of the settlement agreement it obtained, revealing that the $1 billion settlement will be paid in installments over three years to resolve issues such as the school's "alleged violation of civil rights" and force the school to make major reforms to its operations.
UCLA had more than $500 million in federal research funds frozen by the US government. As a member of the University of California Board of Regents, Newsom opposes Trump's freeze on UCLA's funding. He said on the 7th, "I will do everything in my power to encourage them to make the right decision and not become another law firm that bends the knee, another company that sells its soul, or another institution that takes the easy way out and would rather make a wrong choice than take the difficult but right path." (Global Times)
Official Response: There is no gold mine in the Wulanhada Volcanic Group
According to the news from the Integrated Media of Ulanqab, Inner Mongolia, on August 9th, Shanxiangmei (Chahar Right Rear Banner) Cultural Tourism Co., Ltd. issued an "Important Notice on Civilized Tourism in the Wulanhada Volcanic Group", stating that "There are no gold deposits: the local area does not have the conditions for gold mineralization; there are a small amount of agates on the surface: you can pick up the small scattered agates on the surface as souvenirs; excavation is strictly prohibited: it is forbidden to carry tools such as shovels for any excavation!"
Previously, some netizens posted videos claiming that they had dug out agates and gold in the Wulanhada Volcanic Group in Inner Mongolia. The videos showed that some people were digging near the volcanic group with tools such as shovels, causing holes to appear on the ground. (Metro Express)
Police Announcement: TreePai APP Suspected of Fund - Raising Fraud, Multiple Suspects Taken into Criminal Custody
On August 10th, the Luozhuang Branch of the Linyi Public Security Bureau announced that it had launched an investigation into the suspected fund - raising fraud case involving Wang Mouqing, Cui Moulong and others. Since March 2024, suspects Wang Mouqing, Cui Moulong and others developed and operated an APP named "TreePai". Through the platform's participation - auction and entrusted - auction model, they lured the public with high - return promises, raising funds from unspecified groups in society with an obvious intention of illegal appropriation. Currently, multiple suspects including Wang Mouqing and Cui Moulong have been taken into criminal custody in accordance with the law. The case investigation, judicial auditing, and efforts to recover stolen funds and reduce losses are being actively promoted.
According to previous reports, the "TreePai E - Shopping" platform attracted attention in the investment circle due to the paralysis of its withdrawal system. From interviews with multiple investors, it was learned that some people lost 900,000 yuan they borrowed and invested in the platform. On the afternoon of July 24th, at the TreePai E - Shopping City Square in Linyi, Shandong, the white seals pasted on the closed glass doors were particularly eye - catching. At the square entrance, several security guards in gray uniforms patrolled back and forth. In the nearby parking lot, several police cars were parked in an orderly manner. Police officers were on duty around the cordon, gently persuading people who tried to approach the office area. (People's Daily, China National Radio Network)
XPeng Motors Responds to Unauthorized Use of Customer's 5,000 Points: It Involves User Privacy, Suggest Feedback via Email
On August 9th, Ms. Zhang from Shenzhen, Guangdong, said that she bought a P7i at the XPeng Motors 4S store in Longhua Guanlan Automobile City in June 2023. At that time, the salesperson said that she could be given 5,000 points in the name of participating in the old - bringing - new activity. The points were stored on the phone of another colleague in the store. If Ms. Zhang wanted to redeem them, the products could be directly mailed to her after she made the selection. Two years later, when Ms. Zhang wanted to redeem products, the salesperson told her that the points had already been used up. Ms. Zhang couldn't accept this and was blocked by the salesperson during the rights - protection process. Later, Ms. Zhang contacted the XPeng Motors headquarters and uploaded some chat records, but was told that there was no substantial evidence. Ms. Zhang said that this matter had not been resolved.
After that, the reporter contacted the official customer service of XPeng Motors. The customer service said that since the matter the reporter asked about involved user privacy, it was not convenient to provide feedback over the phone. They suggested re - providing feedback via email. As of the time of publication, the reporter had not received the official email receiving address. (Dianshi News)
LV's First Chocolate Store in China to Close on the 10th, with the Cheapest Chocolate Priced at 240 Yuan
On the 8th, both the customer service of Shanghai Qiantan Taikoo Li and the official customer service of LV confirmed to reporters that LV's first chocolate store in China, located in Shanghai Qiantan Taikoo Li, will close on August 10th. "The chocolate specialty store has successfully completed its operation cycle. If there are plans to open new stores in the future, they will be announced through the official platform," said an LV customer service representative. According to a previous report by Zhongxin Jingwei, when the store first opened, it sold a variety of chocolate products inspired by LV's design elements, with prices ranging from 240 yuan to 3,200 yuan. Among them, a box of milk chocolate bars (5 pieces) priced at 240 yuan was called the "cheapest item" of LV by netizens. (Zhongxin Jingwei)
Over 5.12 million person - times have participated in subsidized vocational skills training nationwide
On August 9th, according to the Ministry of Human Resources and Social Security, since the beginning of this year, the country has launched a large - scale vocational skills training and improvement campaign to increase the supply of skilled workers in short - supply in the manufacturing and service industries. In the first half of the year, over 5.12 million person - times have completed subsidized training. (CCTV News)
The total box office of movies during the 2025 summer movie season exceeded 8.5 billion yuan
Data from Dengta Professional Edition shows that as of 16:32 on August 10, the total box office (including pre-sales) of the 2025 summer movie season (from June to August) exceeded 8.5 billion yuan. (Jiemian News)
Concerned about the Impact of US Tariffs, Only One-Third of Large Japanese Enterprises Expect Economic Growth
A survey released by Japan's Kyodo News on August 10 showed that under the situation where the additional tariffs imposed by the United States on Japan have brought uncertainties to the economy, only about one-third of large Japanese enterprises expect the Japanese economy to continue to grow. In contrast, 70% of the enterprises made this judgment in a survey in January this year.
From July 9 to August 1, Kyodo News surveyed 113 large Japanese enterprises such as Toyota Motor Corporation and Nippon Yusen Kabushiki Kaisha, asking for their views on the outlook of the Japanese economy. Among the enterprises that responded to the survey, 33% expect the Japanese economy to experience moderate growth, 56% expect zero growth, and 11% expect a moderate contraction.
In addition, 68% of the Japanese enterprises surveyed said they were "concerned" or "somewhat concerned" about the impact of the additional tariffs imposed by the United States. (Xinhua News Agency)
UK Ministry of Defence Concealed Radioactive Wastewater Leak into the Sea
UK media reported on August 9, citing documents from the Scottish Environment Protection Agency, that the UK Ministry of Defence had concealed for years the radioactive wastewater leak into the sea in western Scotland. The report said that the nuclear warhead storage facility of the British Navy in that area had leaked wastewater contaminated with tritium due to repeated ruptures of old pipes. Tritium is a radioactive and harmful substance. The documents showed that the pipes in that area had ruptured multiple times in 2010, 2019, and 2021. The report also stated that the UK Ministry of Defence had tried to conceal relevant information for years on the grounds of national security. (CCTV News)
UK Regulator Approves Boeing's Acquisition of Spirit AeroSystems
On August 10th, the UK Competition and Markets Authority (CMA) recently announced its approval of Boeing's proposed acquisition of Spirit AeroSystems. In July 2024, Boeing agreed to acquire its supplier, Spirit AeroSystems, at a price of $37.25 per share. This all - stock deal values Spirit at $4.7 billion. (Jiemian News)
Americans Rush to Buy Electric Vehicles Before Tax Credit Ends
In July this year, the U.S. Congress passed the so - called "big and beautiful" bill strongly promoted by President Trump. The bill stipulates that the U.S. government will no longer provide tax credits for electric vehicles starting from September 30th this year. According to a report on the U.S. CNBC website on the 9th, in order to enjoy the $7,500 tax credit per vehicle before the deadline, American consumers are competing to buy electric vehicles.
Data shows that in July, the proportion of electric vehicle sales in the total sales of all passenger cars that month reached 9.1%, hitting a record high. In addition, the sales volume of used electric vehicles in the United States in July was also close to 36,700, also setting a new monthly high. The company expects that the third quarter may set a record for electric vehicle sales. In the fourth quarter of this year, the sales volume of electric vehicles in the United States may "plummet". (CCTV Finance)
ChatGPT-4o Re-launched
OpenAI announced in an official statement that GPT-4o has been re-launched for Plus and Team users. If users need to use it across multiple platforms, they can enable "Show legacy models" in the settings of the ChatGPT web version to access GPT-4o. Previously, after the release of GPT-5, OpenAI stopped offering GPT-4o, a decision that sparked controversy among users. (Cailian Press)
ABB Robots Showcase AI-driven Industrial Scenarios at WRC
36Kr learned that during the 2025 WRC, ABB Robots demonstrated its latest breakthroughs in the field of autonomous multifunctional robots through three innovative demonstration areas.
The new-generation OmniCore™ controller cabinet boosts the robot's operating speed by 25% and achieves excellent path accuracy within 0.6 millimeters, demonstrating the ability to maintain both high precision and high speed in motion control. The "Follow me" AI technology enables robots to directly learn tasks by imitating human actions without complex programming, significantly lowering the technical threshold for small and medium-sized enterprises to deploy automation. The PoWa collaborative robot showcases its integrated advantages in terms of industrial-grade speed, collaborative ability, lightweight and compact design in applications such as welding and loading/unloading.
Huawei to Release Breakthrough Achievements in AI Inference Field
Huawei will release breakthrough technological achievements in the field of AI inference at the 2025 Financial AI Inference Application Landing and Development Forum on August 12. It is reported that this achievement may reduce China's reliance on HBM (High Bandwidth Memory) technology in AI inference, improve the inference performance of domestic large AI models, and complete a key part of China's AI inference ecosystem. (Science and Technology Innovation Board Daily)
Yanjing Beer: Net profit attributable to the parent company in the first half of the year increased by 45.45% year-on-year
36Kr learned that Yanjing Beer disclosed its semi - annual report on August 10. In the first half of the year, the company achieved an operating income of 8.558 billion yuan, a year - on - year increase of 6.37%. The net profit attributable to shareholders of the listed company was 1.103 billion yuan, compared with 758 million yuan in the same period last year, a year - on - year increase of 45.45%. The basic earnings per share were 0.3913 yuan.
Jaguar Land Rover's Q1 Report: Global Revenue Reaches £6.6 Billion, Down 9% Year-on-Year
Jaguar Land Rover recently released its financial report for the first quarter of fiscal year 2026 (April to June 2025). Its global revenue reached £6.6 billion, a 9% year-on-year decrease; pre-tax profit was £351 million, a 49% year-on-year decrease; and the global wholesale sales volume during the same period was 87,286 units. As of the end of this fiscal quarter, Jaguar Land Rover's global free cash flow reached £758 million. (Caixin)
Compiled | Yuting He