Evening News from Krypton | Xiaomi: Actively recalling some power banks of model PB2030MI; Pinduoduo enters the self-produced short drama market, recruiting planning, creative, and shooting personnel; Douyin E-commerce pioneers the strictest quality inspection system for jewelry and jade.
Large Companies:
Xiaomi: Actively Recalls Some Power Banks of Model PB2030MI
36Kr learned that Xiaomi Service issued an announcement on the after - sales service policy for the active recall of some power banks of model PB2030MI. The announcement stated that affected by the incoming battery cells from upstream suppliers, some products of the PB2030MI power bank, due to the small - scale use of the 2.0 version of a certain supplier's 126280 - type battery cells, may have certain safety hazards in extreme scenarios for a very small number of products. After communicating and applying with the market regulatory authorities, Xiaomi decided to actively initiate a recall plan. The scope of the products to be recalled this time is some PB2030MI power banks produced between August and September 2024, totaling 146,891 units.
YouTube Says It Has Reached an Agreement with Fox to Continue Content Cooperation
On August 28 local time, YouTube posted on a social platform, "We are pleased to announce that we have reached an agreement with Fox to continue providing its content on the YouTube TV platform." At the same time, it added in a blog update, "This means that Fox - owned channels, including the Fox Broadcasting Network, Fox News Channel, and Fox Sports Channel, will continue to serve subscribers together with more than 100 other channels."
Pinduoduo has started recruiting talents for short dramas, presumably in preparation for self - produced short dramas. It is understood that Pinduoduo has posted a recruitment notice for "short drama production operations" on the recruitment platform. The requirements include being responsible for the production of short drama content, including pre - production topic planning, organizing script creation, controlling shooting and post - production, etc. Those with experience in film and television drama content on major content platforms are preferred, and those with experience in creating popular short dramas are even better.
Douyin E - commerce Launches the Strictest Jewelry and Jade Quality Inspection System
36Kr learned that recently, the "Douyin E - commerce Open Day - Quality Inspection Special Session" was held in Guangzhou. At the event, Douyin E - commerce launched the strictest jewelry and jade quality inspection system, introduced the operation process of the Quality Inspection, Warehousing, and Distribution Integrated Center (QIC), and announced a service upgrade plan. Survey data shows that 70% of consumers choose to buy jewelry and jade products on Douyin E - commerce because of the QIC service guarantee.
Chu Ruixue Takes Over Xinxuan's First Live - stream: Over 24 Million Views in 2 Hours
36Kr learned that on August 29, Kuaishou e - commerce anchor Chu Ruixue started a live - stream in Guangzhou. As Chu Ruixue's first live - stream after officially taking over Xinxuan, the online popularity exceeded 2 million within 20 minutes of the start of the live - stream, and the total number of viewers exceeded 24 million within 2 hours of the live - stream.
36Kr learned that Lei Jun posted that the first batch of models for the Xiaomi HyperOS 3 Beta Version has started to be pushed gradually, and more models will start the recruitment process one after another.
Nvidia Faces Trial in California over an Engineer's "Theft" of Trade Secrets
A federal judge in California, USA, ruled on Thursday that Nvidia must stand trial because an engineer accidentally exposed alleged self - driving trade secrets stolen from a former employer during a video conference. The judge believes that there is sufficient "circumstantial" evidence to prove that this Silicon Valley artificial intelligence giant benefited from confidential data from the European automotive technology company Valeo, so there is reason to submit the case to a jury. Nvidia denies the allegation of using the stolen data to develop its parking assistance technology. However, in Thursday's ruling, U.S. District Judge Noel Wise rejected Nvidia's request to dismiss Valeo's lawsuit.
Leapmotor Responds to the Rumor that FAW is Planning to Invest in Leapmotor
In response to the rumor that FAW is planning to invest in Leapmotor, Cao Li, the senior vice - president of Leapmotor, made a response during the Chengdu Auto Show on August 29. He said, "I'm also quite puzzled about the cooperation with FAW. The cooperation projects in the strategic agreement have been advancing. If there are other cooperation contents such as equity, our official will announce it immediately." On August 20, multiple media reported that FAW was planning to invest in Leapmotor and become its strategic shareholder. The report said that people familiar with the matter revealed that FAW plans to make a preliminary offer to acquire about 10% of Leapmotor's shares, and the plan has been in the process of circulation and promotion within relevant departments of FAW.
Apple Store Official Flagship Store Officially Enters Douyin Mall
36Kr learned that on August 29, the Apple Store official flagship store officially entered the Douyin Mall, and users can buy Apple products and accessories on the Douyin Mall.
HEMA Has Applied for Trademarks Related to "Super HEMA NB"
36Kr learned that on August 29, HEMA's affordable community supermarket HEMA NB was officially renamed "Super HEMA NB". The Aiqicha App shows that HEMA (China) Co., Ltd. has applied to register multiple trademarks such as "Super HEMA NB" and "Super HEMA". The international classifications involve bed sheets, medical devices, leather goods, etc. Currently, some of the above - mentioned trademarks have been successfully registered.
New Products:
Tencent Yuanbao Launches an AI Oral English Practice Companion Function
36Kr learned that on August 29, Tencent Yuanbao officially launched an AI oral English practice companion function. This function provides users with a 24 - hour online private foreign teacher. Through modes such as Chinese - English comparison, oral English evaluation, and targeted repeated reading, it helps users improve their oral English ability anytime and anywhere. Currently, this function has been fully launched on the mobile version of Tencent Yuanbao. Users can click the phone icon on the home page, switch to the oral English practice companion mode, and start a free conversation.
Investment and Financing:
Walmart Announces It Will Invest $260 Million in El Salvador in the Next Five Years
On August 28 local time, Walmart Mexico and Central America announced that it will invest $260 million in El Salvador in the next five years. The company said that the funds will be used for opening new stores, renovating existing stores, upgrading factories and distribution centers, strengthening the logistics network, and improving the technological level, etc., to consolidate the company's omni - channel strategic layout.
"Hefei Tianyao" Completes a Series A Financing of Tens of Millions of Yuan
36Kr learned that "Hefei Tianyao", a developer of semiconductor material cadmium zinc telluride, recently announced the completion of a Series A financing of tens of millions of yuan, led by Houxue Capital, followed by SMIC Juyuan and Guoyuan Fund. The funds will be mainly used for expanding production lines, product R & D, expanding overseas markets, and downstream detector integration business.
Today's Views:
On the afternoon of August 28, the National Data Administration successfully held the "Data Infrastructure Thematic Exchange Event" at the 2025 China International Big Data Industry Expo in Guiyang. Liu Liehong, a member of the Leading Party Members' Group of the National Development and Reform Commission and the director of the National Data Administration, pointed out that the national data infrastructure is gradually forming a new - type infrastructure system aiming at releasing data value, supported by the network, based on computing power, and focusing on the construction of data circulation and utilization facilities. Looking forward to the 15th Five - Year Plan period, the National Data Administration will further focus on high - quality standard construction, large - scale facility deployment, and market - oriented ecological operation, and continuously build a world - leading, convenient, efficient, and self - sufficient national - level data infrastructure to effectively support the development of the digital economy, scientific and technological innovation, and the construction of a unified national market.
Other Noteworthy News:
The South Korean government said on Friday that it plans to expand the trade response budget nearly 70 times to 2.1 trillion won ($1.5 billion) in 2026 to support the follow - up measures of the South Korea - US tariff agreement. The South Korean government said that the proposal, which was passed at the State Council meeting earlier that day, represents a significant increase compared to the 30 billion won trade response budget in 2025. Of the proposed 2.1 trillion won budget, 1.9 trillion won will be used for cooperation projects in areas such as shipbuilding and semiconductors.
The Box Office of the Qixi Festival in 2025 Exceeds 100 Million Yuan
36Kr learned that according to data from Maoyan Professional Edition, as of 13:16, the cumulative box office of the Qixi Festival in 2025 (August 29) exceeded 100 million yuan. "7 Days", "Chasing the Wind and Shadows", and "Little Monsters in Langlang Mountain" ranked in the top three respectively.