Krypton Evening News | Marubi Biotechnology: Planning to issue H-shares and apply for listing on The Stock Exchange of Hong Kong Limited; BeiGene: Revenue in the third quarter was 10.077 billion yuan, a year-on-year increase of 41.1%. BeiGene: Revenue in the third quarter was 10.077 billion yuan, a year-on-year increase of 41.1%.

Large companies:

Marubi Biotechnology: Planning to issue H-shares and apply for listing on The Stock Exchange of Hong Kong Limited

36Kr learned that Marubi Biotechnology announced that in order to enhance the company's capital strength and overseas financing ability, further improve the company's comprehensive competitiveness, and accelerate the company's internationalization strategy for its business, in accordance with the company's overall development strategy and operational needs, the company intends to issue H-shares (hereinafter referred to as "this issuance") and apply for listing on the Main Board of The Stock Exchange of Hong Kong Limited (hereinafter referred to as "HKEX").

Bilibili: The number of advertisers placing e-commerce ads during Double 11 increased by 109% year-on-year, and the GMV of consumer goods priced above 1,000 yuan increased by 63% year-on-year

36Kr learned that Bilibili's data shows that during this year's Double 11, the number of advertisers placing e-commerce ads on Bilibili increased by 109% year-on-year, and the GMV of consumer goods priced above 1,000 yuan increased by 63% year-on-year. It is understood that the average new customer rate brought by Bilibili to all industries reached 55%, among which the new customer rates of industries such as watches and jewelry, household daily necessities, food and beverages, and beauty products all exceeded 60%.

Zhejiang Shimai Pharmaceutical Co., Ltd. - B Submits IPO Application to the Hong Kong Stock Exchange

36Kr learned that Zhejiang Shimai Pharmaceutical Co., Ltd. - B has submitted an IPO application to the Hong Kong Stock Exchange, with Huatai International serving as the exclusive sponsor.

BeiGene: Q3 Revenue Reached 10.077 Billion Yuan, a Year-on-Year Increase of 41.1%

36Kr learned that BeiGene released its third-quarter financial report. The report shows that the revenue in the third quarter was 10.077 billion yuan, a year-on-year increase of 41.1%; the net profit was 689 million yuan, turning a profit from a loss year-on-year. The revenue in the first three quarters was 27.595 billion yuan, a year-on-year increase of 44.2%; the net profit was 1.139 billion yuan, turning a profit from a loss year-on-year. The change in performance was mainly due to the growth in product revenue and cost management, which promoted the improvement of operational efficiency.

Tencent Music: Total revenue in the third quarter reached 8.46 billion yuan, a year-on-year increase of 20.6%

36Kr learned that Tencent Music released its third-quarter financial report. The report shows that the total revenue in the third quarter was 8.46 billion yuan, a year-on-year increase of 20.6%, and the adjusted net profit was 2.48 billion yuan, a year-on-year increase of 27.7%. Among them, the online music business achieved excellent performance across the board, continuously driving the high-quality growth of Tencent Music. In the third quarter, the revenue from online music services increased by 27.2% year-on-year to 6.97 billion yuan, and the average monthly revenue per paying user increased from 10.8 yuan in the same period of 2024 to 11.9 yuan.

Hon Hai: Details of cooperation with OpenAI will be announced next week

Hon Hai said that it will announce the details of its cooperation with OpenAI next week. (Cailian Press)

Investment and financing:

“Yunji Avionics” Completes Angel Round Financing Exceeding 10 Million Yuan

36Kr learned that “Yunji Avionics,” a developer and manufacturer of intelligent integrated avionics systems, announced the completion of an angel round financing exceeding 10 million yuan. This round of financing was led by the Seed Investment Fund of Beijing Economic - Technological Development Area, and the funds raised will be used to enhance R & D capabilities and capacity building.

New Products:

ZhiYuan Robotics Announces New Patent for Interactive Robots

36Kr learned that according to the AiQiCha App, recently, ZhiYuan Innovation (Shanghai) Technology Co., Ltd. applied for and announced a patent for "Interaction Method, Robot, Electronic Device, and Medium". The patent abstract shows that this patent provides an interaction method, a robot, an electronic device, and a medium.

Today's Viewpoint:

Lee Chang-yong, Governor of the Bank of Korea: Policy changes, including the direction, all depend on data
On November 12th, Lee Chang-yong, the governor of the Bank of Korea, stated that although the central bank is still in an easing cycle, the timing and magnitude of any future interest rate changes — or the policy direction — could vary according to the upcoming data. "Given the negative output gap, our official stance is to maintain an easing monetary policy cycle," Lee Chang-yong said. "However, the magnitude, timing, and even the change in direction of interest rate cuts will depend on the new data we will see." (Jiemian)

Other news worthy of attention:

National Energy Administration: Explore the construction of regulating power sources such as pumped - storage and new - type energy storage

36Kr learned that the National Energy Administration has issued a guiding opinion on promoting the integrated and integrated development of new energy. It mentioned that the multi - variety complementary development level of new energy should be improved. Optimize the power source structure and energy storage configuration ratio of the "desert, Gobi, and wasteland" new energy bases. Build regulating power sources such as concentrated solar power plants according to local conditions, and reasonably control the demand for new coal - fired power installations in the bases. Encourage methods such as molten salt thermal energy storage coupled with peak - shaving and on - site green ammonia production and co - firing to improve the in - depth cooperation level between new energy and coal - fired power and increase the proportion of green electricity in the bases. Support areas with conditions to give full play to the supporting and regulating roles of concentrated solar power, pumped - storage, and new - type energy storage, and explore the creation of 100% new energy bases.
The first flying car factory is located in Guangzhou
Recently, the first electric vertical take - off and landing (eVTOL) flying car factory with an annual production capacity of "tens of thousands of vehicles" has entered the trial production stage in Guangzhou. This marks that in the low - altitude economy field, this type of product has entered the large - scale manufacturing stage in China for the first time. The AGV automatic lifting vehicles in the workshop send the core equipment of the flying car - the aircraft fuselage - to each workstation. This type of equipment was mainly used in automobile production before to ensure the consistency of the production line rhythm, laying a foundation for future large - scale production. It is reported that after completing relevant verifications and obtaining airworthiness certificates, the factory will gradually enter mass production according to the plan, achieving a leap from "small - batch verification" to "large - scale manufacturing" for flying cars. (CCTV News)