8:00 am, First Kr ｜Spring Airlines recruits married and childbearing "stewardesses"; The market regulatory authority confirms the production chaos of "smoking and spitting in sauerkraut vats" is true; YAO Runhao steps down as the legal representative and executive director of Shanghai Papergames.

Today's Hot News Guide

• The ALS drug developed by Cai Lei has brought hope to patients with specific genotypes.
• Direct flights between China and India have officially resumed after a five - year hiatus.
• Zhu Lidan, the legal representative of Hang Sheng Beverage Group Co., Ltd., has left the company.
• The former CEO of Stellantis said that Tesla might not exist in 10 years, and Elon Musk responded.
• Domestic oil prices are expected to drop again, and you may save 11.5 yuan when filling up a tank.

Top 3 Big News

Spring Airlines Launches Cabin Attendant Recruitment for Married Women with Children

Recently, Spring Airlines held a recruitment press conference in Lanzhou. At the press conference, Spring Airlines announced the launch of a special recruitment program for "flight matrons". The cabin attendant positions are open to married women with children, with the age limit extended to 40. The educational requirement is a full-time undergraduate degree or above, and the height should be between 162cm and 174cm. There is no work experience requirement.

The recruitment head of Spring Airlines introduced that the "flight matron" group has strong affinity and ability to handle emergencies. They have advantages in serving children and dealing with emergencies. It is understood that previous recruitment for flight attendants was usually for those aged between 18-25, and some airlines extended the age limit to 28-32. (Litchi News)

Market supervision bureau confirms the existence of chaotic production practices like "smoking and spitting in pickled cabbage pools"

Recently, a video of the production process at a pickled cabbage enterprise in Huludao, Liaoning, has outraged netizens. In the video, a man stands in a pickled cabbage pool, turning the pickled cabbage with a pitchfork while smoking throughout and spitting casually into the pool. The appalling lack of hygiene is truly shocking.

On October 27, the local market supervision bureau responded, confirming that the incident is true. Currently, the provincial regulatory authorities have intervened, and the relevant municipal leaders in charge have also arrived at the scene for an investigation. However, key information such as the name of the involved enterprise and the time when the video was shot still awaits further response. (Cover News)

Yao Runhao Resigns as Legal Representative of Shanghai Diezhi Technology Co., Ltd.

36Kr learned that according to the Aiqicha App, recently, industrial and commercial changes have taken place in Shanghai Diezhi Technology Co., Ltd. Yao Runhao has resigned as the legal representative and executive director of the company, and Yao Fei has taken over as the legal representative and serves as a director. The company was established in March 2019 with a registered capital of 100 million RMB. Its business scope includes advertising release, retail of clothing and accessories, and online cultural business. It is wholly owned by Suzhou Diezhi Network Technology Co., Ltd.

Large Companies/ Major Events

China and India Resume Direct Flights After Five Years

According to reports from The Hindustan Times and AFP on the 26th, India and China resumed direct flights on the same day. The first flight was operated by IndiGo, India's largest airline, departing from Kolkata to Guangzhou at 10 p.m. Indian Standard Time. The reports said that this marks "an important step towards rebuilding relations" between the two most populous countries in Asia after five years. Previously, there have been regular flights between India and Hong Kong, China. Flights from New Delhi, the capital of India, to Shanghai and Guangzhou will also be launched in November. (Global Times)

Bessent: The US no longer considers imposing 100% tariffs on Chinese goods

On October 26, the China-US economic and trade teams concluded a two-day consultation in Kuala Lumpur, the capital of Malaysia. Reuters reported that this was the fifth face-to-face consultation between the China-US economic and trade teams since May this year. After the talks, Bessent said in an interview with US media that after the two-day talks in Kuala Lumpur, the two sides reached a "very substantial framework agreement", and the US "no longer considers" imposing 100% tariffs on Chinese goods. (Global Times)

Former Stellantis CEO Says Tesla May Cease to Exist in 10 Years, Musk Responds

Carlos Tavares, the former CEO of Stellantis, said in a recent interview, "We cannot rule out the possibility that at some point, he will decide to leave the automotive industry and focus on humanoid robots, SpaceX, or artificial intelligence. Elon Musk will leave the automotive industry." Tavares then added that BYD is seizing Tesla's market share with more efficient and economical cars. "Tesla's market value loss will be huge because its valuation is incredibly high. I'm not sure if Tesla will still exist in 10 years. It's an innovative corporate group, but they will be defeated by BYD's efficiency." Electric vehicle analyst Sawyer Merritt shared the content of Tavares' interview on X, and Musk briefly responded, saying that Tavares "knows nothing." (Sina Finance)

Zhu Lidan, the legal representative of Hongsheng Beverage Group Co., Ltd., has left the company

It has been confirmed from people familiar with the matter that Zhu Lidan, the legal representative of Hongsheng Beverage Group Co., Ltd., has left the company, and her office has been emptied. Wahaha has not responded to this. Zhu Lidan was once a core executive of Wahaha and served as the legal representative or executive in 158 companies of the "Wahaha Group" and "Hongsheng Group". (Jiemian News)

Domestic oil prices are expected to be cut again, saving about $1.6 (11.5 yuan) to fill up a tank

The new round of price adjustment window for domestic refined oil products will open at 24:00 on October 27. Based on the views of comprehensive institutions, this price adjustment may see the ninth reduction this year. According to calculations by Jinlian Chuang, as of the ninth working day on October 24, the average price of the reference crude oil varieties was $60.44 per barrel, with a change rate of -6.22%. The retail prices of domestic gasoline and diesel should be reduced by 290 yuan per ton. The ninth reduction in the retail prices of gasoline and diesel this year is about to be implemented as scheduled. Calculated according to the current range, the price of gasoline and diesel per liter may be reduced by about $0.03 - $0.035 (0.22 - 0.24 yuan). The fuel costs of car owners will be further reduced. For gasoline, taking a small car with a fuel tank capacity of 50 liters as an example, filling up a tank of gas will cost about $1.6 (11.5 yuan) less. (China News Service)

Trump is expected to make a decision on the Fed chair before the end of this year

US President Donald Trump is expected to make a decision on the next Fed chair before the end of this year. (Sina Finance)

JD.com Approved for Insurance Brokerage License in Hong Kong, Officially Enters Hong Kong's Financial Market

According to the official website of the Insurance Authority of Hong Kong, Jingda HK Trading Co., Limited, a subsidiary of JD.com, has recently been approved for an insurance brokerage license. The permitted business scope includes general and long - term business (including linked long - term insurance), and the person - in - charge is Lam Che Chuen. Meanwhile, the company has recently changed its name to "JD Insurance Advisors (Hong Kong) Limited". The license is valid until October 13, 2028, for a period of three years. In addition, JD.com has publicly recruited insurance - related positions on recruitment platforms through multiple entities to form a professional insurance team. (China Business Journal)

Jensen Huang to Deliver Keynote Speech at GTC Washington, D.C. Summit

NVIDIA will hold the GTC Washington, D.C. Summit in Washington from October 27th to 29th. Jensen Huang will deliver a keynote speech at 12:00 noon Eastern Time on October 28th. In addition to product news, his speech also includes a roadmap on "how AI will reshape industries, infrastructure, and the public sector." (Cailian Press)

China's Artificial Sun Expected to Be Completed in 2027

Recently, Mao Ning, the spokesperson of the Ministry of Foreign Affairs, shared China's "artificial sun" with the world: It is expected to be completed in 2027 and is expected to become the world's first device to achieve fusion power generation in human history. (Cover News)

NVIDIA Says Its Market Share in China Has Dropped to Zero

At a recent event organized by Citadel Securities in the United States, Jensen Huang, the CEO of NVIDIA, made some striking remarks. He pointed out, "NVIDIA's market share in the Chinese market has plummeted from 95% to zero. Currently, we have completely exited the Chinese market." (China Business Journal)

Australia Accuses Microsoft of Misleading 2.7 Million Users

Australia's competition regulator said on Monday that it had filed a lawsuit in the Federal Court, accusing Microsoft Australia and its parent company, Microsoft, of allegedly misleading around 2.7 million Australian customers. The Australian Competition and Consumer Commission (ACCC) accused the company of misleading customers regarding subscription options and price increases after integrating its artificial intelligence assistant, Copilot, into the Microsoft 365 plan. (Sina Finance)

Venture capital institutions compete for private placements, and the money - making effect of the new "hunting ground" is prominent

The "hunters" in the primary market are opening up a new "hunting ground". Since the beginning of this year, as the A - share private placement market has gradually recovered, venture capital institutions have been active in it and have become a force that cannot be ignored. According to data from Eastmoney Choice, a total of 101 private placement projects have been implemented in the A - share market in the first nine months of this year, with actual funds raised of approximately 800 billion yuan, a significant increase compared to 129 projects and 155.8 billion yuan raised throughout last year. Behind this phenomenon, venture capital institutions are upgrading their traditional strategies and turning their attention to the "semi - primary" market, which lies between the negotiated pricing in the primary market and the liquidation and exit in the secondary market. (Shanghai Securities News)

U.S. Federal Government Shutdown Continues, Food Assistance for Low-Income Americans to End on November 1st

On October 25th local time, the U.S. Department of Agriculture issued a notice on its website stating that the federal government's "Supplemental Nutrition Assistance Program" will end on November 1st. The USDA said that the funds have run out. Currently, no benefits will be issued on November 1st. It is reported that the federal government's "Supplemental Nutrition Assistance Program" covers approximately 42 million people, mainly low-income groups, the disabled, and the elderly. These people can use government - subsidized food stamps to buy food at designated stores. (CCTV News)

Multiple securities firms rename corporate bonds as "Sci - tech Innovation Bonds", with nearly 60 billion yuan issued this year

Since the launch of the first batch of sci - tech innovation bonds by securities companies in May, the scale of sci - tech innovation bonds issued by securities firms has been steadily rising this year. Recently, First Capital announced that it would change its issued corporate bonds into sci - tech innovation bonds, and the use of the raised funds would also be modified accordingly, mainly for investments in science and technology innovation - related businesses. In addition, Western Securities and GF Securities have also taken similar measures, highlighting the high enthusiasm of securities firms in the field of sci - tech innovation bond issuance. According to Wind statistics, using the listing date as the statistical standard, as of October 24 when the reporter filed this report, the issuance scale of sci - tech innovation bonds by securities firms this year has approached 60 billion yuan. Industry insiders expect that with the support of relevant policies, the issuance of sci - tech innovation bonds will continue to grow at a relatively fast pace in the future. (Economic Information Daily)

Faraday Future Establishes an Auto Finance Company in the US and Completes License Application

36Kr learned that Faraday Future announced the establishment of FF Auto Finance Company, Faraday Finance Inc., and the completion of the application for the relevant auto finance license submitted to the California Department of Financial Protection and Innovation, aiming to accelerate the sales of new vehicles. The financial solutions include auto purchase loans and long - term vehicle leasing services.

The ALS drug developed by Cai Lei has brought hope to patients with specific genotypes

Cai Lei, who is in the advanced stage of amyotrophic lateral sclerosis (ALS), has lost the ability to speak, swallow, and move. He can only communicate with the help of an eye - controlled device, yet he still works late into the night every day. The drug he developed has brought hope to patients with specific genotypes. A girl in her twenties regained her life after taking the medicine. Even though these breakthroughs cannot be used for his own treatment, he is still excited: "Many lives have been saved, and it's a great achievement." When asked if he has any regrets, Cai Lei said frankly, "I'm not afraid of death. At worst, I'm contributing myself to all patients." (ifeng.com)

The issuance scale of green and gold bonds has increased significantly, and the "green premium" highlights market favor

Since the beginning of this year, the issuance scale of green financial bonds has increased significantly year-on-year, and the issuance scale in the first three quarters has exceeded the full-year level of 2024. Wind data shows that as of October 26, the scale of green financial bonds issued since the beginning of this year is 431.6 billion yuan, while the total issuance scale of green financial bonds in the whole year of 2024 was 220.5 billion yuan. Experts said that the growth of the issuance scale of green financial bonds helps financial institutions consolidate their liability base, improve asset quality, and do a good job in green finance. Looking forward, there is still some room for improvement in aspects such as standard improvement and strengthening of information disclosure for green financial bonds. (China Securities Journal Network)

Apple Fined 48 Million Euros in France Over iPhone Marketing Issues

French news website l’Informé reported on Monday that a French court has fined Apple 48 million euros (approximately $55.9 million) as regulators believe the company's long - standing iPhone marketing strategy has been unfair to mobile operators. The report said that a court in Paris stated that Apple's marketing contracts, which forced operators to pay for iPhone advertisements, commit to purchasing quantities at a fixed retail price, and allow Apple to use their brands and patents for free, are all illegal. The case was filed in 2013 by the General Directorate for Competition, Consumption and the Repression of Fraud (DGCCRF), a department under the French Ministry of Finance. (Sina Finance)

Meituan to Provide Social Insurance Subsidies for Food Delivery Riders Nationwide

36Kr learned that on October 27th, Meituan announced via its official WeChat account that the endowment insurance subsidy for its food delivery riders would be available nationwide. It is understood that this is the first social insurance subsidy program in the industry open to all food delivery riders. Currently, Meituan has initially established a multi - level welfare and security network covering all its riders. Among them, basic security includes endowment insurance subsidies, "work - related injury insurance for riders", accidental injury insurance, special weather subsidies, etc.; advanced security includes critical illness care for riders and their families, education funds for their children, etc. Meanwhile, work - related benefits such as work meals, physical examinations, female care, family trips, and vocational training are also provided.

Pan Gongsheng: Research and implement policy measures to support individuals in repairing their credit, with plans to execute at the beginning of next year

On October 27th, at the 2025 Financial Street Forum Annual Conference, Pan Gongsheng, the Governor of the People's Bank of China, stated that policy measures to support individuals in repairing their credit are being studied and implemented.

According to the "Regulations on the Administration of the Credit Investigation Industry", in the credit investigation system, the retention period of default records is 5 years. In the past few years, affected by force majeure such as the COVID - 19 pandemic, some individuals had debt overdue. Although they fully repaid the debts afterwards, the relevant credit records still continued to affect their economic lives. To help individuals speed up the repair of their credit records and at the same time give play to the binding effect of default credit records, the People's Bank of China is researching and implementing a one - time personal credit relief policy. For the personal default information of those who defaulted on loans below a certain amount since the pandemic and have repaid the loans, it will not be displayed in the credit investigation system. After going through the relevant procedures, the People's Bank of China will, together with financial institutions, make necessary technical preparations, and this measure is planned to be implemented at the beginning of next year. (Daily Economic News)

Boeing Defense Workers Reject Latest Contract Offer, Strike Continues for 13 Weeks

On Sunday local time, striking workers at Boeing Defense in the St. Louis area of the United States rejected the company's latest contract offer. The 13 - week - long strike has delayed the delivery of Boeing's fighter jets and other projects. "Boeing claims they listened to their employees, but today's vote proves they didn't," said IAM International Union President Bryan Bryant in a statement. "Boeing's executives continue to insult those who build the world's most advanced military aircraft, which protect our military personnel and the nation's security." (Sina Finance)

Two new technology companies were established in Hefei by companies under iFlytek

36Kr learned that according to the Aiqicha App, recently, Hefei Lingxiang Technology Co., Ltd. and Hefei Linghan Technology Co., Ltd. were established. Their business scopes both include big data services, industrial Internet data services, socio - economic consulting services, etc. Shareholder information shows that both are jointly held by Anhui Xunfei Yunchuang Technology Co., Ltd., a wholly - owned subsidiary of iFlytek, and other parties.

Ministry of Civil Affairs: Pilot programs are underway to issue elderly care service consumption subsidies to seniors with moderate to severe disabilities

The Ministry of Civil Affairs held a press conference on the morning of October 27. Relevant officials introduced that the pilot programs to issue elderly care service consumption subsidies to seniors with moderate to severe disabilities are currently being carried out. Activities such as open days at nursing homes and free trial stays are being organized. Localities are encouraged to operate special silver - haired tourist trains and hold filial piety and respect - for - the - elderly shopping festivals. In combination with the national "Elderly Care Service Consumption Season" event, support will be provided for holding various expos and trade fairs in the field of elderly care services, and high - quality elderly products and service projects such as senior health care, sojourn for health, and rehabilitation aids will be launched. (CCTV News)

Moutai Continues to Decline. The Wholesale Price of 2025 Feitian Moutai in Original Cases is Reported at 1,735 Yuan per Bottle

36Kr learned that the wholesale reference prices disclosed on October 27 show that on the same day, the price of 2025 Feitian Moutai in original cases dropped by 20 yuan compared with the previous day, reaching 1,735 yuan per bottle; the price of single bottles of 2025 Feitian Moutai dropped by 15 yuan compared with the previous day, reaching 1,715 yuan per bottle. The price of 2024 Feitian Moutai in original cases dropped by 20 yuan compared with the previous day, reaching 1,800 yuan per bottle; the price of single bottles of 2024 Feitian Moutai dropped by 10 yuan compared with the previous day, reaching 1,750 yuan per bottle.

Ford CEO Says Trump's Tariffs Cost the Company About 20% of Its Profits

Jim Farley, the CEO of Ford Motor Company, said that the tariffs imposed by US President Donald Trump have cost the company more than $2 billion in additional expenses. Farley shared the impact of Trump's tariffs on Ford's production activities during an interview on Sunday. "There are parts, fasteners, and insulation sleeves for wires from other countries," he said, adding that the automaker paid tariffs of more than 70% on some components. "This has given us a bill of $2 billion. About 20% of our global profits will disappear due to the tariffs." (Sina Finance)

Vice President of XPeng Motors Responds to He Xiaopeng's Position Change: Based on the New Company Law, Executive Directors Are Uniformly Updated to Directors

36Kr learned that the vice president of XPeng Motors posted a response to He Xiaopeng's position change: "Based on the implementation of the new Company Law, the position of executive director no longer exists in each company and has been uniformly updated to director. Since this substantial change is really minor, there is no need for an update; last week, XPeng's new headquarters building was inaugurated, and a new address change was made, so the corresponding content was also updated on the system incidentally."

Wang Hui Takes Over as Chairman of Avita

36Kr learned that according to the Aiqicha App, recently, there was an industrial and commercial change in Avita Technology (Chongqing) Co., Ltd. Zhu Huarong stepped down as the chairman, and Wang Hui took over. The company was established in July 2018. Its legal representative is Chen Zhuo, and its registered capital is approximately 3.065 billion yuan. Its business scope includes the second - class value - added telecommunications services, road motor vehicle production, small and micro - passenger car rental services, R & D of auto parts, sales of new cars, sales of new energy vehicle complete vehicles, etc. Shareholder information shows that the company is jointly held by Changan Automobile, CATL, Chongqing Anyu Private Equity Investment Fund Partnership (Limited Partnership), etc.

Song Yang has replaced Shao Jingping (James) as the head of the Marketing Center of JD Retail Platform

36Kr learned that an insider at JD responded to the personnel change: Song Yang has replaced Shao Jingping (James) as the head of the Marketing Center of JD Retail Platform. Shao Jingping was dismissed for personal reasons and the process is underway.

Amazon Plans to Invest $1.6 Billion in Its Dutch Business

Amazon announced on Monday that it plans to invest 1.4 billion euros (approximately $1.63 billion) in the Netherlands over the next three years. The company said that this is the largest investment it has made in the fifth-largest economy in the eurozone since it started operating in the Netherlands in 2020. (Sina Finance)

Walmart China Appoints Liu Peng as President of Sam's Club Business

36Kr learned that Walmart China announced that Liu Peng has joined Walmart China and will serve as the President of Sam's Club Business, reporting directly to Zhu Xiaojing, President and CEO of Walmart China, effective immediately. Jane Ewing, the acting President of Sam's Club Business, will return to Walmart International after completing her overseas assignment and acting duties as scheduled by the end of this year.

Going Public in Progress

Seres

Seres Group is expected to start trading on the Hong Kong Stock Exchange on November 4th, with the offering price not exceeding HK$131.5 per share. (Cailian Press)

Xiamen Haichen Energy Storage Technology Co., Ltd.

36Kr learned that documents from the Hong Kong Stock Exchange showed that Xiamen Haichen Energy Storage Technology Co., Ltd. submitted a listing application to the Hong Kong Stock Exchange. The joint sponsors are Huatai International, CITIC Securities, ABC International, and BOC International.

The Cutting - edge of AI

ByteDance's Marketing Cloud Discloses Self-developed Large Model for AI Advertising Governance for the First Time, with Review Efficiency Increased by 75%

36Kr learned that during the 32nd China International Advertising Festival, ByteDance's Marketing Cloud introduced its core strategy for building an advertising security defense line of "full - link governance + using AI to regulate AI". In the third quarter of this year, it pre - intercepted more than 840,000 AI - related advertising violation materials. Meanwhile, ByteDance's Marketing Cloud disclosed for the first time its self - developed multi - modal large model in the field of AI advertising governance. This model can complete the review of 90% of the materials within 10 minutes, with the review efficiency increased by 75% compared with the traditional era.

Meituan's LongCat-Video Officially Released and Open-Sourced

36Kr learned that on October 27th, Meituan's LongCat team released and open-sourced the LongCat-Video video generation model. With a unified model, it has achieved the state-of-the-art (SOTA) performance in open-source projects on basic tasks of text-to-video and image-to-video generation. Relying on pre-training for the native video continuation task, it can generate coherent long videos in minutes, ensuring cross-frame temporal consistency and the rationality of physical motion. The team believes that the release of the video generation model is the first step in exploring the "world model." In the future, with the ability to accurately reconstruct the operating state of the real world, the LongCat model will be integrated into in-depth interactive business scenarios such as autonomous driving and embodied intelligence.

Qualcomm Unveils AI Chip, Enters Data Center Market to Challenge NVIDIA

Qualcomm is entering the lucrative AI data center market with new chips and computers, aiming to challenge NVIDIA in the fastest-growing segment of the industry. The company said that the AI200 chip will start shipping next year and can be used as a standalone component, an expansion card that can be inserted into existing devices, or as part of a complete rack server provided by Qualcomm. The first customer for the product is Humain, an AI startup in Saudi Arabia, which plans to deploy 200 megawatts of computing power based on this new chip starting in 2026. (Sina Finance)

Shuanglin Co., Ltd.: Has Cooperated with Two Domestic New - Force Automobile Manufacturers to Develop Linear Joint Modules for Their Humanoid Robot Projects

36Kr learned that Shuanglin Co., Ltd. stated during an institutional research that as of now, in the robot screw business, the company has made clear progress as planned in both customer expansion and production capacity construction. In terms of customer expansion, the company has cooperated with two leading domestic new - force automobile manufacturers to develop linear joint modules for their humanoid robot projects. The company has carried out multiple rounds of sample deliveries and small - batch deliveries, and the customer feedback on the installation effect is good. At the same time, the company is also conducting technical exchanges and sample deliveries with multiple domestic robot manufacturers and dexterous hand enterprises. In addition, the company has carried out multiple cooperation negotiations with a leading foreign screw enterprise, successfully obtained small - batch orders for ball screws and roller screws, and the orders have passed customer acceptance and been delivered. At the same time, the two sides are continuously communicating about the cooperation on some parts of the whole vehicle, and multiple rounds of factory inspections have been carried out. Subsequently, the two sides will further promote strategic cooperation matters.

Ant Group's AI health application AQ launches new features such as family health risk warning

36Kr learned that on October 27, focusing on the health management of chronic diseases among the elderly, Ant Group's AI health application AQ launched a number of features: It can intelligently interpret the data by simply taking a photo of the sphygmomanometer or blood glucose meter, and can follow - up questions like a doctor, and support instant warning of abnormal health data; An AI sphygmomanometer jointly launched with Yuwell can automatically synchronize data and generate a weekly health report for long - term blood pressure management; A chronic disease medication reminder function is launched, and both parents and children will receive timely notifications to reduce the situation of forgetting or missing taking medicine and avoid the recurrence of the disease; It supports sharing health records with family members, so that children can view, manage and give reminders regarding their parents' medical records and physical examination reports at any time.

Financial reports of large companies

Three Squirrels: Net profit in the third quarter was 22.2689 million yuan, a year-on-year decrease of 56.79%

36Kr learned that Three Squirrels released its third-quarter report. In the third quarter, it achieved an operating income of 2.281 billion yuan, a year-on-year increase of 8.91%; the net profit attributable to shareholders of the listed company was 22.2689 million yuan, a year-on-year decrease of 56.79%.

Sichuan Gold: Net profit in the third quarter was 160 million yuan, a year-on-year increase of 184.38%

36Kr learned that Sichuan Gold released its third-quarter report. The operating income in the third quarter was 346 million yuan, a year-on-year increase of 161.19%; the net profit attributable to shareholders of the listed company was 160 million yuan, a year-on-year increase of 184.38%.

Contemporary Amperex Technology Co., Ltd. (CTBC Biotech): Net profit in the third quarter was 11.6249 million yuan, a year-on-year decrease of 93.74%

36Kr learned that CTBC Biotech released its third-quarter report. The company's operating income in the third quarter was 671 million yuan, a year-on-year decrease of 17.74%. The net profit attributable to shareholders of the listed company was 11.6249 million yuan, a year-on-year decrease of 93.74%.

Henrui Medicine: Net profit in the third quarter was 1.301 billion yuan, a year-on-year increase of 9.53%

36Kr learned that Henrui Medicine released its third-quarter report. The revenue in the third quarter was 7.427 billion yuan, a year-on-year increase of 12.72%; the net profit attributable to shareholders of listed companies was 1.301 billion yuan, a year-on-year increase of 9.53%.

China National Electric Apparatus Research Institute Co., Ltd.: Net profit in the third quarter was 123 million yuan, a year-on-year decrease of 1.57%

36Kr learned that China National Electric Apparatus Research Institute Co., Ltd. released its third-quarter report. The revenue in the third quarter was 1.146 billion yuan, a year-on-year increase of 4.52% (after adjustment); the net profit attributable to shareholders of the listed company was 123 million yuan, a year-on-year decrease of 1.57% (after adjustment).

Cool Products

Ultra-small Semiconductor Devices Help Chips Stabilize Voltage and Filter Noise

The low-dropout linear regulator (LDO) is the "voltage-stabilizing heart" inside the chip, which can provide clean and stable power for different functional modules. A research team from the Ulsan National Institute of Science and Technology in South Korea has developed an ultra-small hybrid LDO, which is expected to significantly improve the power management efficiency of advanced semiconductor devices. It can not only output voltage more stably but also filter out noise. At the same time, it occupies less space, providing a new solution for high-performance system-on-chips in fields such as artificial intelligence and 6G communication. The relevant research results were published in the latest issue of the IEEE Journal of Solid-State Circuits. (Science and Technology Daily)

iPhone 17e may be released next year, which will be Apple's cheapest model

The blogger Digital Chat Station said that Apple will launch the iPhone 17e in the first half of next year. This device will feature a 60Hz screen and be upgraded to the Dynamic Island design. It will be Apple's cheapest model. Compared with the iPhone 16e, the biggest change in the iPhone 17e is that the screen has been upgraded from the previous notch screen to the Dynamic Island screen. Starting from the iPhone 17e, the notch screen will completely disappear from Apple phones, although the refresh rate will still be 60Hz. (Kuaikeji)

Montage Technology Announces Mass Production of the Fourth Generation DDR5 RCD Chip

36Kr learned that on October 27th, Montage Technology announced that it has completed the mass production of the fourth generation DDR5 registered clock driver (RCD04) chip. According to Montage Technology, the RCD04 chip is a core component of high - performance server and data center memory systems, with a maximum data transfer rate of up to 7200MT/s, which is more than 12.5% higher than the previous generation product.

Compiled | Chenxi