Krypton Evening News | Meng Wanzhou Serves as Huawei's Rotating Chairperson; The National Development and Reform Commission Allocates the Fourth Batch of 69 Billion Yuan in Ultra-Long-Term Special Treasury Bonds This Year to Support the Trade-In of Consumer Goods; Beyondsoft Officially Launches the "Singapore Innovation Center"
Large Companies:
US Approves First Eyeglass Lenses to Slow Myopia Progression
According to EssilorLuxottica, on September 25, its Essilor Stellest lenses obtained the US marketing approval through the De Novo review pathway of the US Food and Drug Administration (FDA), becoming the first eyeglass lenses approved by the US FDA that have been clinically proven to slow the progression of myopia in children. The data from a US prospective, randomized, double - blind, multicenter clinical trial showed that the lenses slowed myopia progression by an average of 71% over two years. (Jiemian)
36Kr learned that, according to the Aiqicha App, recently, Chengdu Jinzheng Win - win Enterprise Management Partnership (Limited Partnership) was established. The executing partner is Jinhui Honghu (Shenzhen) Enterprise Management Co., Ltd., with a capital contribution of about 500 million RMB. Its business scope includes enterprise headquarters management, enterprise management, information consulting services, and enterprise management consulting. The partner information shows that this partnership is jointly funded by Sichuan Jinduo Investment Co., Ltd., a subsidiary of Luzhou Laojiao Group, and Jinhui Honghu (Shenzhen) Enterprise Management Co., Ltd.
BeyondSoft Officially Launches Its "Singapore Innovation Center"
Recently, BeyondSoft held a forum in Singapore with the theme of "Global Reach Within Your Grasp". At the forum, BeyondSoft announced the official launch of its "Singapore Innovation Center" and unveiled a new overseas investment strategy. In addition, at the press conference, BeyondSoft officially signed MOUs with three enterprises, including Meijin Energy, Wenhua Online, and Baosheng Software, to comprehensively deepen strategic cooperation, further demonstrating BeyondSoft's determination to build a win - win ecological system and laying a good foundation for its subsequent development.
Kuaishou Upgrades Its Organizational Structure Related to the Company's Business Ecosystem
36Kr learned that on September 30, Kuaishou issued an announcement, stating that it would upgrade the organizational structure related to the company's business ecosystem and restructure the relevant business scenarios of the original local, e - commerce, and commercialization teams. In this adjustment, the Local Life Business Unit was officially renamed the Life Services Business Unit, and the businesses related to local and lead - generation advertising were merged into this unit; the original e - commerce advertising business within the commercialization internal loop was merged into the e - commerce business unit; the adjusted commercialization business unit will support the platform's advertising middleware capabilities and focus on developing businesses such as content consumption, comprehensive platforms, brand marketing, Juxing, and the Kuaishou Alliance.
Meng Wanzhou Serves as Huawei's Rotating Chairperson
36Kr learned that according to Huawei's official website, according to the company's rotating chairperson system, Ms. Meng Wanzhou will serve as the rotating chairperson from October 1, 2025, to March 31, 2026, presiding over the company's board of directors and the standing committee of the board.
US "Starship" Plans Another Test Flight in Mid - October
SpaceX announced on the 29th that it plans to conduct the 11th test flight of its next - generation heavy - lift launch vehicle "Starship" on October 13. The company said that the main goals of this test flight include collecting data for the development of the next - generation "Super Heavy" booster, conducting pressure tests on the spacecraft's heat shield system, and conducting experiments and validations for future spacecraft returns to the launch site. (Sina Finance)
Meitu Design Studio Connects to Alibaba Qianniu to Provide Services for Taobao and Tmall Merchants
36Kr learned that Meitu Design Studio, a subsidiary of Meitu, recently connected to the Alibaba business management platform Qianniu. The first - batch "AI product image" capabilities will provide corresponding AI visual generation services for Taobao and Tmall merchants. Official information shows that the core functions of Meitu Design Studio currently cover product image generation, photo retouching and modification, poster design, and other needs.
New Products:
36Kr learned that on September 30, Zhipu, a leading domestic large - scale model manufacturer, officially released and open - sourced the new - generation large - scale model GLM - 4.6, achieving significant improvements in key capabilities such as Agentic Coding. Zhipu officially announced that GLM - 4.6 has been deployed with FP8+Int4 mixed quantization on Cambricon's domestic chips, which is the first FP8+Int4 model - chip integrated solution put into production on domestic chips. At the same time, based on the vLLM inference framework, Moore Threads' new - generation GPUs can stably run GLM - 4.6 based on native FP8 precision.
36Kr learned that Tesla announced through its official Weibo account that it is working hard to scale up the production of humanoid robots, planning to launch the third - generation model by the end of 2025 and start mass - production in 2026. Elon Musk expects to produce one million units annually before 2030.
Investment and Financing:
AI Infrastructure REIT Company Fermi Increases IPO Size, Aims to Raise $650 Million
The AI infrastructure REIT company Fermi has increased the proposed financing size of its upcoming initial public offering (IPO). The company currently plans to issue 32.5 million shares at a price of $18 to $22 per share, raising $650 million. (Cailian Press)
Other Noteworthy News:
36Kr learned that the Ministry of Finance and the Ministry of Commerce issued a notice on carrying out the work of building an international consumption environment. The central government will provide financial subsidies to pilot cities. During the implementation period, each international consumption center city will receive a total subsidy of 200 million yuan, and each other city will receive a total subsidy of 100 million yuan. The subsidy funds will be released in two batches. Part of the funds will be released in the first year of the pilot, and the remaining funds will be released based on the performance evaluation results. Pilot cities can, in accordance with the market - oriented principle, support eligible business entities in the form of subsidies and rewards as required. The scope of pilot city applications includes cities at the prefecture - level and above (including municipalities directly under the Central Government, cities specifically designated in the state plan, provincial capitals or autonomous region capitals, prefecture - level cities, prefectures, and leagues). About 15 pilot cities will be supported, including eligible international consumption center cities and other cities with strong consumption - driving effects, great development potential, and a large number of overseas tourists. The policy will be implemented for two years.
36Kr learned that recently, the National Development and Reform Commission, together with the Ministry of Finance, has allocated the fourth batch of 69 billion yuan in ultra - long - term special treasury bonds this year to support the trade - in of consumer goods. So far, the entire 300 billion yuan in central funds for the year has been allocated. Next, relevant departments will further organize local governments to reasonably manage the work pace, improve the fund use plan, evenly and orderly disburse the subsidy funds, strengthen the supervision of product quality and prices, severely crack down on illegal and irregular behaviors such as subsidy fraud, and smoothly and orderly implement the policy of trading in consumer goods to ensure that the subsidy funds are effectively utilized.
36Kr learned that according to the China Securities Regulatory Commission (CSRC), Wu Qing, the Party Secretary and Chairman of the CSRC, held a special symposium in Beijing, having in - depth exchanges with representatives of some listed companies, industry institutions, and intermediary institutions, as well as members of the China Capital Market Society, and fully soliciting their opinions and suggestions. At the symposium, participants put forward specific opinions and suggestions on how to formulate the 15th Five - Year Plan for the capital market and further comprehensively deepen the reform of the capital market. The main suggestions include: further deepening the reform in areas such as issuance and listing, refinancing, and mergers and acquisitions, improving the policy implementation mechanism, and continuously enhancing the attractiveness and inclusiveness of the capital market; providing greater support for listed companies to become stronger and better, guiding listed companies to increase dividend payouts and share repurchases, further playing the role of institutional investors in corporate governance, and continuously improving the quality and investment value of listed companies; supporting high - quality securities and fund companies and other industry institutions to build world - class investment banks and investment institutions, promoting the high - quality development of intermediary institutions such as accounting firms and law firms, and accelerating the improvement of comprehensive strength and international competitiveness; further enriching the product and service system of the A - share market, such as stock indices, ETFs, and derivatives, to better serve the preservation and appreciation of residents' wealth; improving the convenience of cross - border investment and financing and further improving the institutional opening - up level of the capital market; etc.