8 AM Latest News: World's First Gestation Robot Expected to Launch in a Year, Fat Donglai Responds to Ex - Inmate Recruitment, NVIDIA to "Contribute" 15% of Revenue to US Government

This system not only simulates the uterine environment but is also installed in a humanoid robot.

Going Public in Progress

Luxiao Technology

36Kr learned that Luxiao Technology issued an announcement stating that the company is planning to issue shares overseas (H shares) and list on the Hong Kong Stock Exchange. The company is discussing the specific implementation work of this H-share listing with relevant intermediary institutions, and the relevant details have not been finalized.

Top 3 Big News

Prototype of the world's first gestation robot expected to be launched within a year: priced at no more than 100,000 yuan

Recently, several technology media outlets have reported a piece of news that sounds "incredible": the "robot mother" may come into being within a year. The reports state that Dr. Zhang Qifeng from Nanyang Technological University in Singapore is developing the world's first gestation robot.

Different from traditional in vitro fertilization and surrogacy, this system not only simulates the uterine environment but is also installed in a humanoid robot body - enabling the "robot mother" to replicate the entire human experience from pregnancy to childbirth. It is understood that currently, this technology is the technology of the gestation box, which is just combined with the robot's abdomen. The "prototype" is expected to be launched within a year and priced at no more than 100,000 yuan. (Beijing News)

Fat Donglai Responds to Recruiting Released Prisoners: Based on the Kindness and Beauty of Human Nature

Recently, the matter that Fat Donglai plans to recruit released prisoners has sparked a heated discussion. On the evening of August 10th, Yu Donglai, the founder of Fat Donglai, posted a statement about recruiting "released prisoners" on the social platform, further responding to this matter.

Fat Donglai stated that this recruitment of "released prisoners" is based on the kindness and beauty of human nature. It hopes that people from all groups can receive respect and care from society and enable everyone to live a life with dignity. Those who have once broken the law have actually become equal and legal citizens after serving their sentences. "We should help them regain the ability to reintegrate into society and lead a corresponding good life." (Jiemian News)

British Media: NVIDIA and AMD Agree to "Contribute" 15% of Their Revenues to the US Government to Obtain Export Licenses for China

The British "Financial Times" reported on August 11 that US chip companies NVIDIA and Advanced Micro Devices (AMD) have agreed to "contribute" 15% of their revenues from selling chips in China to the US government in exchange for export licenses issued by the Trump administration. US officials said that NVIDIA will "share" 15% of its revenues from selling H20 chips in China, and AMD will also hand over the same proportion of revenues from its MI308 artificial intelligence (AI) chips to the US government. The report pointed out that this practice of demanding a portion of corporate revenues in exchange for export licenses is unprecedented. (Observer.com)

Big Companies/Big Events

Shenzhen Responds to Unmarried Couples Being Ineligible for Child - Rearing Subsidies: Specific Implementation Rules Await Unified Deployment by Guangdong Province

On August 6th, a netizen posted a message saying that they received a text message from the Shenzhen Health Commission, informing them that since they gave birth without marriage registration, they did not meet the legal requirements for having children and thus could not receive relevant child - rearing subsidies. The post immediately sparked a heated discussion among netizens.

The netizen further expressed confusion about the above response. According to the "Regulations of Guangdong Province on Population and Family Planning" and the "Administrative Measures of the Health Commission of Guangdong Province on Birth Registration", it is clearly stated that unmarried couples can handle birth registration. "I also registered in accordance with the law. My child is registered. I used the maternity insurance when giving birth and also received the maternity allowance normally. That is to say, the whole process recognized her birth."

In response, a staff member of the Shenzhen Health Commission said that in the current policy, the definition of "giving birth in line with laws and regulations" is indeed premised on a marital relationship. However, the staff member also emphasized that the specific implementation rules need to wait for the unified deployment of Guangdong Province: "The current reply is based on the existing regulations, but whether a marriage certificate is required in the end will be subject to the requirements of the province - wide unified child - rearing subsidy application system to be launched at the end of August." (Nanfang Daily)

Box Office Exceeds 574 Million, "Little Monsters from Langlang Mountain" Breaks Records

According to data from online platforms, the cumulative box office of the animated film "Little Monsters from Langlang Mountain" has exceeded 574 million, breaking the box office record of domestic 2D animated films in Chinese film history. (CCTV News)

PGY Denies Educating Consumers: Video Taken out of Context

Recently, a short video titled "Yu Huiyong, the chairman of PGY, responds to 'We won't pander to consumers' and 'We are educating consumers to become mature'" has sparked controversy.

On August 10, a relevant person in charge of PGY replied to reporters that the short video deliberately intercepted the most controversial part of the chairman's speech to create opposition. "The complete content has a cause - and - effect relationship and is not what was taken out of context in the text." The remarks considered by PGY to be "taken out of context" were from the following passage spoken by Yu Huiyong in the video. The original text was: "I think there are two types of business. The first is to take advantage of consumers' ignorance, and the second is to educate consumers to become mature. For so many years, PGY has been on the path of educating consumers to become mature. We won't pander to consumers. They are not clear about so - called cheapness and the like. We want to inform consumers, and finally it's the consumers' own choice." (Shanghai Securities News)

Wahaha Responds to Cutting Distributors with Annual Sales Below 3 Million Yuan

Recently, some media reported that Wahaha had cut distributors with annual sales below 3 million yuan, and some of them were merged into larger distributors, leading to disputes over payments. On August 11, Wahaha Group responded that since the beginning of this year, the number of newly added Wahaha distributors has been far greater than the number of terminated contracts. The changes in the distributor system are based on market strategies and cooperation intentions, which are normal dynamic optimizations and not targeted at customers of a specific scale. (Jiemian News)

Actor Gao Yalin Has Been Added to the List of Those Subject to Enforcement for 3.1 Million Yuan

Recently, a new piece of information about being subject to enforcement has been added for actor Gao Yalin (formerly known as Gao Yalin) and Tianjin Zhengyuan Film and Television Media Co., Ltd. The amount subject to enforcement is more than 3.104 million yuan, and the enforcing court is the Second Intermediate People's Court of Beijing.

According to the Aiqicha App, Tianjin Zhengyuan Film and Television Media Co., Ltd. was established in July 2022. Its legal representative is Chen Liang, with a registered capital of 1 million yuan. Its business scope includes film production services, agency services for other cultural and artistic activities, cultural and entertainment agency services, and the organization of cultural and artistic exchange activities. Gao Yalin holds a 10% stake in the company. (Sanxiang City Express)

400,000 shares held by Romoss are frozen

Recently, Shenzhen Huazhongke New Material Technology Co., Ltd. has added a piece of equity freezing information. The person subject to execution is Shenzhen Romoss Technology Co., Ltd., the enterprise where the equity is located is this company, the amount of frozen equity is RMB 400,000, the freezing period is 3 years, and the enforcing court is the People's Court of Nanshan District, Shenzhen City. (Jiemian News)

CATL: Mining operations at the Yichun project have been suspended after the mining license expired on August 9. This matter has little impact on the company's overall operations.

36Kr learned that CATL stated on the interactive platform that after the mining license for its Yichun project expired on August 9, the company has suspended mining operations. It is currently applying for the renewal of the mining license as soon as possible in accordance with relevant regulations and will resume production as soon as it receives approval. This matter has little impact on the company's overall operations.

China Automobile Dealers Association: The cumulative trading volume of second - hand cars nationwide increased by 2.17% year - on - year in the first seven months

36Kr learned that the China Automobile Dealers Association released a brief analysis of the second - hand car market in July 2025. In July, the trading volume of the national second - hand car market reached 1.6609 million vehicles, a month - on - month increase of 0.2% and a year - on - year increase of 3.2%. The transaction amount was 106.007 billion yuan. From January to July, the cumulative trading volume of second - hand cars was 11.231 million vehicles, a year - on - year increase of 2.17%, an increase of 238,700 vehicles compared with the same period last year. The cumulative transaction amount was 729.244 billion yuan.

ZhiYuan Robotics Secures Tens of Millions of Yuan in Orders from Fuling Precision Industry

36Kr learned that, according to ZhiYuan Robotics, recently, Zhiyuan Innovation (Shanghai) Technology Co., Ltd. reached a project cooperation worth tens of millions of yuan with Fuling Precision Industry Co., Ltd. Nearly a hundred Expedition A2-W robots will be deployed in Fuling Precision Industry's factory. This is the first large-scale commercial order case of embodied robots in the domestic industrial field.

It's rumored that Cai Jing, the so - called "hidden master" at Alibaba, has left the company. Alibaba has not responded yet

On August 11th, it was rumored that Cai Jing, the so - called "hidden master" at Alibaba, has left the company. His status on internal and external platforms of Alibaba shows as "retired from the arena". In response, Alibaba has not given a response for the time being. (Sina Tech)

Ant Group Denies Rumor of Co - building the World's First Rare Earth RMB Stablecoin with the People's Bank of China and China National Rare Earth Group

36Kr learned that Ant Group posted a message on its official Weibo, stating that it has noticed online rumors claiming that "Ant Group is co - building the world's first rare earth RMB stablecoin with the People's Bank of China and China National Rare Earth Group" and using this to induce investors to pay attention to related sectors. Ant Group has never had such plans with relevant institutions. The public is advised to distinguish carefully and beware of being deceived.

Dalian Wanda Group Has Been Enforced to Execute Over 2.4 Billion Yuan

36Kr learned that the Aiqicha App shows that recently, Dalian Wanda Group Co., Ltd. has a new piece of information as an enforced person subject to execution, with an execution target of over 2.4 billion yuan. The executing court is the Beijing Financial Court. The risk information shows that Dalian Wanda Group Co., Ltd. currently has nearly 10 pieces of information as an enforced person subject to execution, with a total executed amount of over 7.6 billion yuan. In addition, the company also has multiple pieces of information on equity freezing.

Beijing: Yizhuang to Mass-produce 10,000 Embodied Intelligent Robots by 2027

On August 9th, "Several Measures of Beijing Economic-Technological Development Area to Promote the Innovative Development of Embodied Intelligent Robots" were released at the 2025 World Robot Conference. It is understood that the development area will comprehensively support the development of enterprises through ten "hardcore" measures to precisely empower embodied intelligent robots. By the end of 2027, Beijing Economic-Technological Development Area will achieve the mass-production capacity of 10,000 embodied intelligent robots. (Beijing Daily)

Beijing Lifts Housing Purchase Restrictions Outside the Fifth Ring Road and Boosts Housing Provident Fund: Industry Experts Say It Will Effectively Drive Transactions

On the evening of August 8th, Beijing announced new real estate policies, adjusting the restrictions on the number of housing purchases outside the Fifth Ring Road and increasing the support of the housing provident fund. According to observations of some Beijing property projects over the weekend, the market responded quickly, and some projects had transactions on the night when the new policies were announced. Industry insiders said that since the performance of Beijing's real estate market in July was weaker than expected, which provided a basis for policy adjustment, and areas outside the Fifth Ring Road account for more than 70% of the market supply, the relaxation of purchase restrictions will effectively drive the market. (Yicai Global)

Multiple provinces and cities launch "Scottish Premier League-style" football leagues, and the "Hebei Futsal Super League" is still recruiting foreign players

On the evening of August 10th, another "Scottish Premier League-style" event - the opening match of the 2025 Hebei Futsal Super League was held. The Shijiazhuang team defeated the Zhangjiakou team at home. During this summer after the "Scottish Premier League" emerged, against the backdrop of promoting consumption and expanding domestic demand, a series of mass sports events featuring amateur players, city (urban area) confrontations, ticket - root economy, and official promotion have successively kicked off across the country. In terms of football, the 2025 Jiangxi Urban Football Super League ("Gan Chao") has reached the fifth round, the "Hebei Futsal Super League" will last until April next year, and the Wuhan Urban Football Super League ("Han Chao") and the Hunan Football League ("Xiang Chao") will also start in August 16th and September. (The Paper)

All three major U.S. stock indexes closed lower, and most large-cap tech stocks declined

36Kr learned that at the close on August 11, all three major U.S. stock indexes fell. As of the close, the Dow Jones Industrial Average dropped 0.45%, the Nasdaq Composite declined 0.3%, and the S&P 500 Index slipped 0.25%. Most large-cap tech stocks fell. Apple, Amazon, Meta, Microsoft, Nvidia, and Google posted slight declines; Intel rose more than 3%, Tesla climbed more than 2%, and Netflix edged up slightly. Among popular Chinese concept stocks, there were mixed performances. XPeng Motors rose nearly 6%, Tencent Music Entertainment Group gained more than 2%, and Bilibili, NIO, and Pony.ai advanced more than 1%; Li Auto fell more than 2%, and iQiyi, Weibo, Baidu, Alibaba Group, and Pinduoduo declined more than 1%.

Apple Releases iOS 26 Developer Beta 6 with Multiple New Ringtones

On August 12th, Apple released the sixth developer beta of its mobile operating system, iOS 26, and simultaneously pushed system updates for devices such as iPads, Apple Watches, Apple TVs, and Macs. iOS 26 beta 6 includes a curated ringtone group featuring six ringtones: Buoyant, Dreamer, Tech, Pop, Reflected, and Surge, a final verdict on the controversy regarding the camera app's sliding direction, a brand - new setup guide experience, and other updates. (Jiemian News)

Dell Responds to Rumors of the So - called 'Core Timeline of Exit Plan': It's a Rumor

Recently, the so - called 'core timeline of the exit plan' has been circulating on the Internet regarding Dell. The relevant rumors have attracted market attention. Regarding the information mentioned in the rumors, namely the so - called 'official announcement released by Dell on August 5th' and the 'information disclosed by regulatory authorities', reporters have conducted a comprehensive search of the disclosures of regulatory authorities and the contents published on Dell's global and Chinese official websites, but found no relevant information. In response to this rumor, Dell stated: 'This is a rumor, and we will not comment on rumors.' (Jiemian News)

Tesla's FSD to Receive Major Update Next Month, Musk Says Handling of Rare Road Conditions to Be Greatly Improved

It is reported that Tesla CEO Elon Musk revealed last week that Tesla will launch a major FSD update in September, and he also disclosed some key points of the update. Musk emphasized that this FSD software update will bring "significant improvements", especially in handling rare road conditions. He pointed out: "Next month's FSD software update will bring significant phased improvements in dealing with rare road conditions."

In addition, Musk also provided specific details of the changes, saying that the need for drivers to focus their attention will be "greatly reduced", but drivers still need to pay attention in some cases such as "complex intersections, bad weather or abnormal events". (IT Home)

Linux Founder Says Google Engineers' Code is Trash, Calling it "Making the World Worse"

It is reported that Palmer Dabbelt, a member of Google's Android team, submitted a RISC-V patch code on August 8th, intending to be included in the Linux 6.17 kernel. However, due to its poor quality and late submission, it was rejected and "publicly punished" by Linus Torvalds, the founder of Linux.

Linus stated in the mailing list that the code submitted by Palmer Dabbelt was "of poor quality and seriously overdue", and warned that "if such trash code is submitted again or the submission is delayed, it will no longer be accepted".

When specifically listing the problems with the code, Torvalds' wording remained sharp. He said it "makes the world worse" and emphasized that "this kind of thing needs to be completely cleaned up". Finally, Torvalds strongly advised him to submit the code for the Linux kernel 6.18 as early as possible next time, and hoped that there would be no more trash in the code. (Sina Technology)

The Cutting - Edge of AI

Grok 4 is now free for all users worldwide

36Kr learned that Elon Musk said Grok 4 is now available for free to all users. Free users are allowed a small number of queries per day, and subscriptions are required if the limit is exceeded.

Microsoft's GitHub Head Departs as AI Coding Market Competition Intensifies

Facing fierce competition from AI-driven coding tools, Microsoft's GitHub division is about to lose its leader, and the company has not yet announced a successor. Thomas Dohmke has served as GitHub's CEO since 2021. He joined the company in 2015 when his former startup, HockeyApp, was acquired by Microsoft. In a memo sent to employees on August 11 (which Dohmke also made public in blog form), he said he would "become a founder again" after leaving, but would stay on until the end of the year "to assist in guiding the transition." (Sina Finance)

OpenAI Applies for Multiple GPT-5 Trademarks in China

36Kr learned that recently, on the 7th, the US-based OpenAI released its latest AI model, GPT-5. According to the Aiqicha App, OPENAI OPCO, LLC has applied to register two "GPT-5" trademarks. The international classifications are website services and scientific instruments, and the status of the above trademarks is under review after rejection. It's worth mentioning that a technology company in Shenzhen once applied to register two "GPT-5" trademarks. However, the above trademarks have all been rejected and are in an invalid state.

Baichuan Intelligence Releases Open-Source Medical-Enhanced Large Model Baichuan-M2

36Kr learned that on August 11th, Baichuan Intelligence officially released the open-source medical-enhanced large model Baichuan-M2. Baichuan-M2 scored 60.1 on HealthBench, surpassing OpenAI's latest open-source model gpt-oss120B with a 32B size.

Financial Reports of Large Companies

Dier Laser: Net profit in the first half of the year was 327 million yuan, a year-on-year increase of 38.37%

36Kr learned that Dier Laser disclosed its semi - annual report for 2025. The company achieved an operating income of 1.17 billion yuan in the first half of the year, a year-on-year increase of 29.2%; the net profit attributable to shareholders of the listed company was 327 million yuan, a year-on-year increase of 38.37%; the basic earnings per share was 1.2 yuan.

Juri Optoelectronics: Net profit in the first half of the year was 45.6088 million yuan, a year-on-year increase of 37.87%

36Kr learned that Juri Optoelectronics disclosed its semi-annual report for 2025. The company achieved an operating income of 302 million yuan in the first half of the year, a year-on-year increase of 8.06%; the net profit attributable to shareholders of the listed company was 45.6088 million yuan, a year-on-year increase of 37.87%; the basic earnings per share was 0.17 yuan.

Yingli Co., Ltd.: Net profit in the first half of the year was 6.2773 million yuan, a year-on-year increase of 23.06%

36Kr learned that Yingli Co., Ltd. disclosed its semi - annual report for 2025. In the first half of the year, the company achieved an operating income of 1.05 billion yuan, a year-on-year increase of 39.62%; the net profit attributable to shareholders of the listed company was 6.2773 million yuan, a year-on-year increase of 23.06%; the basic earnings per share was 0.03 yuan.

Youzan: Net profit of approximately 73 million yuan in the first half of the year, turning losses into profits

36Kr learned that on August 11, Youzan released its performance report for the period ending June 30, 2025. The financial report shows that in the first half of 2025, Youzan's revenue was approximately 710 million yuan, a year-on-year increase of approximately 4%; the net profit was approximately 73 million yuan, turning losses into profits, and the net inflow of operating cash was approximately 87 million yuan.

Wanhua Chemical: Net profit in the first half of the year was 6.123 billion yuan, a year-on-year decrease of 25.1%

36Kr learned that Wanhua Chemical disclosed its semi-annual report for 2025. In the first half of the year, it achieved an operating income of 90.901 billion yuan, a year-on-year decrease of 6.35%; the net profit attributable to shareholders of the listed company was 6.123 billion yuan, a year-on-year decrease of 25.1%; the basic earnings per share was 1.95 yuan.

Investment and Financing

“Xinsheng Semiconductor” Completes Nearly 300 Million Yuan in Series B+ Round of Financing

Recently, the filter company “Xinsheng Semiconductor” announced that it has completed 288 million yuan in a Series B+ round of financing. This round of financing was led by Hongtai Fund, and other investors include Hongsheng Capital, Tenghua Investment, Zhongshan Financial Holdings, Hefei Construction Investment Group, and Binhu Financial Investment Group. Among them, Hongsheng Capital, as an old shareholder, continued to increase its investment; Tenghua Investment can provide professional capital market strategic support for Xinsheng Semiconductor, focusing on assisting in promoting the company's IPO process. After this round of financing, Xinsheng Semiconductor will rely on the state - owned capital fund resources in Chongqing, Hefei, and Zhongshan to further strengthen its R & D capabilities and accelerate the layout of its overseas business.

"Libo Biotech" Completes Nearly 100 Million Yuan Pre-A Round of Financing

36Kr learned that recently, "Libo Biotech", a company focusing on the R & D of innovative small-molecule drugs targeting RNA, announced the completion of a nearly 100 million yuan Pre-A round of financing. This round of financing was jointly led by Tasly Capital and Panlin Capital, with Yuansheng Venture Capital, the "4+1" Biomedical and High-end Medical Device Industry Fund of Zhejiang Province, and Chengxin Venture Capital participating in the follow-on investment. Haoyue Capital served as the exclusive financial advisor for this round of financing. With the support of this round of financing, Libo Biotech will accelerate the IND application and clinical research of its leading pipeline and continue to expand its layout in the field of small molecules targeting RNA.

GaN Power Device Developer "Gallium Future" Completes Hundreds of Millions Yuan in Series B++ Financing

36Kr learned that "Gallium Future" has completed hundreds of millions yuan in Series B++ financing, exclusively invested by Beihai Shanpang. The funds will be mainly used for the R & D of high-voltage/high-power products, supply chain construction, business expansion, etc. "Gallium Future" was founded in October 2020 and focuses on the R & D and application of GaN power devices. It has mass-produced more than 40 product models, covering application scenarios from 30W to 10kW under 650V and 900V voltages.

Cool Products

Apple Reportedly Preparing to Launch All-New Ultra-Low-Cost MacBook with A18 Pro Processor

According to DIGITIMES citing supply chain sources, Apple is preparing to launch an all-new ultra-low-cost MacBook to shake up the laptop market. Some components are expected to enter mass production by the end of the third quarter of 2025, and the full system assembly work may also start before the end of the year. The starting price of the new model will be between $599 and $699, a significant reduction from the current starting price of $999 for the MacBook Air (or the student discount price of $899). Sources said that the new model will feature the same A18 Pro processor as the iPhone 16 series and a 12.9-inch display, slightly smaller than the 13.6-inch screen of the MacBook Air. (Sina Finance)

Hydrogen Source Intelligence Unveils "Winged Intelligence · Aerial Robot" AI Drone

36Kr learned that Beijing Hydrogen Source Intelligence Technology Co., Ltd. held a new product launch event for the "Winged Intelligence · Aerial Robot" in Yizhuang, Beijing, officially introducing the world's first multi - purpose drone integrated with an AI brain (Level 4 autonomous flight) and unveiling the new brand image "Winged Intelligence". The Level 4 system installed on the Winged Intelligence AI drone uses lidar, millimeter - wave radar, communication and navigation integrated technology, and edge computing architecture to achieve autonomous obstacle avoidance and complex path planning in environments without satellite signals and with strong electromagnetic interference, and can fly autonomously to a certain extent without a pilot.

Doosan Robotics Unveils New Generation Embodied Intelligent Humanoid Robot DOBOT Atom Ⅱ

36Kr learned that on August 11th, according to news from Doosan Robotics, the 2025 World Robot Conference recently opened in Beijing. Lang Xulin, the chief scientist of Doosan Technology, released the new generation of embodied intelligent humanoid robot DOBOT Atom Ⅱ. Lang Xulin said that Doosan's humanoid robots have received orders from dozens of leading global enterprises and have been delivered to leading customers in industries such as global universities and enterprises.

Compiled | Anya

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