Krypton Evening News | Feishu becomes one of the first companies in the collaborative office field to obtain the ISO 42001 certification; Sohomor Innovation launches the world's first AI supramolecular intelligent manufacturing platform; Spokesperson of the Ministry of Commerce answers questions on the joint arrangement of China-US economic and trade consultations in Kuala Lumpur.
Large Companies:
Pop Mart's First Store in the Middle East Opens
36Kr learned that on October 27 local time, Pop Mart's first store in the Middle East opened at Hamad International Airport in Doha, the capital of Qatar. The first store in the Middle East is also Pop Mart's first offline store globally to operate 24 hours a day, 7 days a week.
Vodafone to Acquire German Cloud Service Company Skylink for €175 Million
British telecom giant Vodafone said on Thursday that it will acquire German cloud and digital transformation company Skylink from private - equity firm Waterland for €175 million (about $200.9 million) to expand its service offerings. Skylink has more than 500 employees in Germany and Europe, specializing in managing cloud deployments on Microsoft and Amazon Web Services platforms and implementing artificial - intelligence solutions for enterprise customers. After obtaining regulatory approval, the transaction is expected to be completed by the end of March 2026. (Sina Finance)
36Kr learned that recently, Feishu officially passed the strict review of international certification body DNV (DET NORSKE VERITAS) and became one of the first companies in the collaborative office field to obtain the ISO/IEC 42001:2023 artificial - intelligence management system certification.
New Products:
Zhi Yuan Research Institute Releases Wujie Emu 3.5
36Kr learned that on October 30, Zhi Yuan Research Institute released the Emu 3.5 multi - modal world large - scale model. It is reported that Emu 3.5 was trained on a large - scale multi - modal dataset of over 10 trillion tokens. The training duration of its video data has increased from 15 years to 790 years, and the number of parameters has risen from 8B to 34B. In terms of multi - modal narrative ability, Emu 3.5 can generate immersive story experiences around any theme, unleashing infinite imagination. In addition, the model can achieve cross - scene embodied operations and has generalized action planning and complex interaction capabilities.
Shanhai Innovation Releases the World's First AI Supramolecular Manufacturing Platform
Shanhai Innovation released the world's first AI supramolecular platform, "Chaoyu Synthrix™". It is reported that this platform is a professional - level chemical material R & D agent that combines generative AI and a computational tool orchestration engine. It can quickly understand instructions such as "synthetic path optimization", "crystal stability prediction", and "co - crystal ligand screening", output executable solutions, conduct simulation verification, and carry out experimental design, shortening the R & D decision - making cycle and solving the pain points of low experimental efficiency, high computational cost, and limited design space in supramolecular material R & D.
Investment and Financing:
Yuantian Biotech Receives Strategic Investment from Toyota Tsusho (Shanghai)
36Kr learned that Yuantian Biotech recently announced that it has received a strategic investment from Toyota Tsusho (Shanghai) Co., Ltd. This round of financing, together with the investment from Tianchuang Capital in September this year, constitutes consecutive capital actions, with a cumulative financing of tens of millions of yuan. After this financing, the two parties will jointly develop back - end application products in related fields such as clothing yarns, industrial yarns, food packaging, and engineering plastics. Relying on the automotive industry chain advantages and accumulation in the Japanese market of Toyota Tsusho (Shanghai) Co., Ltd., Yuantian Biotech hopes to enter the automotive supply chain system and open up international markets such as Japan through diversified products.
Today's Views:
36Kr learned that a research report from China Merchants Securities shows that quantum technology is accelerating from frontier science to national strategy and industrial practice, becoming the most promising high - tech growth engine in the next decade. Generally speaking, quantum technology can be divided into six main fields: quantum computing, quantum communication, quantum sensing, quantum materials, quantum simulation, and quantum optics. Quantum computing, quantum communication, and quantum sensing have become the three most promising directions for industrialization in the current quantum technology system, with clear technological paths and definite application requirements.
Other Noteworthy News:
36Kr learned that the spokesperson of the Ministry of Commerce answered reporters' questions on the joint arrangement of China - US economic and trade consultations in Kuala Lumpur. The Ministry of Commerce said that through the consultations in Kuala Lumpur, the China - US economic and trade teams reached the following main consensus: First, the US will cancel the so - called 10% "fentanyl tariff" imposed on Chinese goods (including goods from the Hong Kong Special Administrative Region and the Macao Special Administrative Region), and the 24% reciprocal tariff imposed on Chinese goods (including goods from the Hong Kong Special Administrative Region and the Macao Special Administrative Region) will continue to be suspended for one year. China will adjust its counter - measures against the above - mentioned US tariffs accordingly. The two sides agreed to continue to extend some tariff exclusion measures. Second, the US will suspend the implementation of the 50% penetration rule for export controls announced on September 29 for one year. China will suspend the implementation of relevant export control measures announced on October 9 for one year and will study and refine specific plans. Third, the US will suspend the implementation of its Section 301 investigation measures against China's maritime, logistics, and shipbuilding industries for one year. After the US suspends the implementation of relevant measures, China will also suspend the implementation of its counter - measures against the US for one year. In addition, the two sides also reached a consensus on issues such as fentanyl anti - drug cooperation, expanding agricultural product trade, and handling individual cases of relevant enterprises. The two sides further confirmed the results of the economic and trade consultations in Madrid. The US made positive commitments in areas such as investment, and China will properly resolve issues related to TikTok with the US.
On October 30 local time, Chinese President Xi Jinping held talks with US President Donald Trump in Busan. Xi Jinping emphasized that China's economic development momentum is good. The growth rate in the first three quarters of this year reached 5.2%, and the growth rate of global goods trade imports and exports reached 4%. This was achieved by overcoming both internal and external difficulties and is not easy. China's economy is like a vast ocean with a large scale, strong resilience, and great potential. We have the confidence and ability to cope with various risks and challenges. The Fourth Plenary Session of the 20th Central Committee of the Communist Party of China reviewed and approved the suggestions for the national economic and social development plan for the next five years. Over the past 70 years, we have adhered to a long - term plan and worked steadily one step at a time. We have never thought of challenging or replacing anyone. Instead, we have concentrated on running our own affairs well, striving to be better ourselves and sharing development opportunities with countries around the world. This is an important secret to China's success. China will further deepen reforms in an all - round way and expand opening - up, focusing on promoting effective improvement in the quality and reasonable growth in the quantity of the economy, and promoting the all - round development of people and the common prosperity of all people. It is believed that this will also open up broader space for China - US cooperation. (Xinhua News Agency)
The Economic Growth Rate of the APEC Region is Expected to Reach 3.1% in 2025
According to information from APEC on October 30, the latest "APEC Regional Trends Analysis" report shows that supported by the enhanced resilience of trade activities and strong demand for high - tech products, the economic growth rate of the APEC region is expected to reach 3.1% in 2025, slightly higher than the previous forecast of 3.0%. The report says that the growth momentum will slow down in 2026, with the growth rate dropping to 2.9%. (CCTV News)
36Kr learned that five departments including the Ministry of Finance jointly issued a notice to improve the duty - free store policy to support the boosting of consumption. It mentioned optimizing the management of the domestic tax refund (exemption) policy, actively supporting duty - free stores at ports and downtown duty - free stores to sell domestic products, encouraging duty - free stores to introduce more high - quality characteristic products that can reflect China's excellent traditional culture, and increasing the sales of domestic products in duty - free stores. Further expand the product categories of duty - free stores and include more portable consumer goods in the business scope. Newly added popular products such as mobile phones, miniature drones, sports goods, health foods, non - prescription drugs, and pet foods will enrich the shopping options for passengers.