At 9:00, 1 Krypton | The Weibo accounts of Jia Guolong and Luo Yonghao have been muted. Luo Yonghao made his latest statement in his WeChat Moments. Li Xiang's accounts on multiple platforms are prohibited from being followed. Donald Trump has received the Nobel Peace Prize medal.
Today's Hotspot Guide
- Song Xuan, the vice president of public relations at Xibei, has left the company.
- Ctrip has been summoned for talks by local market regulatory authorities multiple times but still refuses to make changes.
- Brands such as Huawei and Xiaomi have been included in the iPhone trade - in program.
- The customer service of "With Huishan" responded to the "Ma Huang Chicken controversy".
- Porsche delivered 279,449 vehicles globally in 2025.
TOP 3 Big News
Jia Guolong and Luo Yonghao Banned from Weibo, Luo Yonghao's Latest Statement in Moments
At around 21:50 on January 15th, a reporter from Xinhuanghe confirmed from relevant people on Luo Yonghao's side that both the accounts "@Luo Yonghao's Crossroads" and "@Jia Guolong of Xibei" have been banned from speaking on Weibo. Wang Gaofei, the CEO of Weibo, also known as "Between Coming and Going", posted on Weibo: "In the future, if you want to have a debate, you should still do it through media interviews... The 'Negative List of Behaviors for Internet Celebrity Accounts... (8) Organizing online debates and challenges. Due to personal disputes and conflicts of interest, planning or organizing online debates and verbal attacks, or offline challenges, attacking competitors, inciting online hostility, and occupying public resources."
On the evening of January 16th, Jia Guolong posted a Weibo titled "Response to Luo Yonghao's Slander Against Xibei (Part One)" on the "Voice of Xibei People" account. "I'm Jia Guolong. It's not even ten o'clock yet. I'm here to give a comprehensive response. This is the first part. Because today, the last sentence of Luo Yonghao's public response once again maliciously incited public sentiment." Jia Guolong said, "First of all, I clearly state that since September 10th last year, neither I nor any employee of the company has reported Luo Yonghao to the police even once. Over the years, Xibei has paid taxes legally and operated in a legitimate manner, and has never done anything underhanded." He also said that the only time his wife, Zhang Liping, reported to the police was when the whole family was harassed online, and even the information of their granddaughter under five years old was dug out. His wife reported the case to Xiangshan Police Station. During the online violence created by Luo Yonghao last year, waiters at Xibei restaurants across the country were scolded, beaten, and even forced to kneel down dozens of times. Currently, this content is no longer visible.
After Jia Guolong issued the relevant public letter, Luo Yonghao posted the latest message in his Moments, "Well, he won. After a day of fuss, I can finally get back to business." (Xinhuanghe, Beijing Daily, Yicai)
Li Xiang's accounts on multiple platforms are prohibited from being followed, and many of her affiliated companies have been deregistered
On January 16th, the well - known host Li Xiang's accounts on multiple platforms, including those on Weibo, Douyin, Xiaohongshu and other platforms, were prohibited from being followed. As soon as the news came out, it attracted a great deal of attention and discussion from netizens. Third - party data shows that as of 11 a.m. on January 16th, Li Xiang had 4.21 million followers on the video platform, with a loss of 14,600 followers in the past 30 days. The commercialization level shows that the advertising quotes for her videos of 1 - 20 seconds, 21 - 60 seconds, and over 60 seconds are 200,000 yuan, 250,000 yuan, and 300,000 yuan respectively. Another investigation shows that Li Xiang is associated with 20 enterprises, among which 6 are in operation and the other 14 have been deregistered. (Jiemian News)
Brands like Huawei and Xiaomi are included in the iPhone trade - in program
On January 16th, according to the official Apple website, brands such as Huawei, OPPO, vivo, and Xiaomi have been included in Apple's Trade - in program. Phones from these brands are eligible for trade - in discounts for iPhones. A reporter selected several Huawei models to trade in for a 1TB iPhone 17 Pro and found that the maximum trade - in value could reach 4000 yuan. (Yicai Global)
Big Companies/Big Events
Song Xuan, the vice president of public relations at Xibei, has left the company
It is reported that Song Xuan, the vice president of public relations at Xibei, has left the company. Jia Guolong, the founder of Xibei Catering, posted on his personal WeChat Moments that Song Xuan left due to personal development reasons. "In last year's incident, he endured a lot of pressure and did a great deal of work." Song Xuan also said on his personal WeChat Moments, "Even at this moment, I'm still on the front line. I'll always be a Xibei person." (Jiemian News)
Ctrip Has Been Summoned for Talks by Local Market Regulatory Authorities Multiple Times
Recently, based on previous investigations, the State Administration for Market Regulation has filed a case against Ctrip Group Co., Ltd. for suspected monopoly practices by abusing its dominant market position in accordance with the Anti - Monopoly Law of the People's Republic of China.
According to reporters' understanding, Ctrip had been summoned for talks by local market regulatory authorities multiple times before. In July 2025, the Zhengzhou Market Supervision and Administration Bureau summoned the company due to Ctrip's "unauthorized price adjustment" issue, pointing out that it used technological means to interfere with merchants' pricing. In August of the same year, the Guizhou Provincial Market Supervision and Administration Bureau summoned platforms including Ctrip, requiring them to prohibit practices such as "choosing one of two" and price fraud. In September, the Zhengzhou Market Supervision and Administration Bureau summoned Ctrip again, demanding rectification of unreasonable restrictions such as "forced activation and inability to withdraw". In December, the Yunnan Provincial Tourism and Homestay Industry Association publicly accused Ctrip of implementing "choosing one of two" and unilaterally increasing commissions, and launched evidence collection. Meanwhile, the Huizhou Homestay Association in Huangshan City, Anhui Province also reported similar problems. (Nanfang Daily)
Some direct-sale stores of Moutai in provincial regions: Tax-compliant enterprises can apply to purchase Feitian Moutai at 1,499 yuan, and the "bundled sales" policy is cancelled
According to research, recently, some direct-sale stores of Moutai in provincial regions have opened the application for purchasing Feitian Moutai (53% ABV, 500ml) at 1,499 yuan per bottle to tax-compliant enterprises. Compared with last year, this year's policy has been significantly optimized. When tax-compliant enterprises apply to purchase Feitian Moutai at the regular price, they no longer need to buy other non-standard Moutai products in a bundled way. (Cailian Press)
Recycling and Utilization of Used Power Batteries in New Energy Vehicles to Initiate Full - Lifecycle Supervision
On January 16, six departments including the Ministry of Industry and Information Technology jointly issued the Interim Measures for the Management of Recycling and Comprehensive Utilization of Used Power Batteries in New Energy Vehicles. Following the management concept of "full channels, full chains, and full lifecycle", these measures will come into effect on April 1, 2026. The measures focus on the standardized management of all sources of used power batteries, such as battery production, vehicle scrapping, battery - swapping operations, and maintenance replacement through full - channel management. The management measures mainly introduce systems like "scrapping of vehicles with integrated batteries". It clearly states that "if the power battery is missing from a scrapped new energy vehicle, the vehicle shall be deemed incomplete, and specific measures will be stipulated separately", thus preventing the situation where the flow of used power batteries is difficult to track. (Xinhua News Agency)
Four Mobile Phone Manufacturers, Xiaomi, OPPO, vivo, and Transsion, Lower Their Annual Shipment Forecasts
On January 16th, affected by the price increase of storage in the upstream supply chain, many mobile phone manufacturers have recently reduced their annual orders for complete machines. Xiaomi and OPPO have cut orders by over 20%, vivo by nearly 15%, and Transsion to less than 70 million units. The models with order cuts from each manufacturer mainly focus on mid - to low - end and overseas products. Regarding this news, manufacturers such as Xiaomi, OPPO, vivo, and Transsion have not made any responses. Thanks to the cost advantage of domestic supply chains, Huawei's products still have a certain profit margin. Huawei is currently discussing price cuts for product series such as Pura, nova, and Enjoy to further capture the market. Although Honor is also under pressure from the increase in storage prices, its goal of achieving a 15% market share in the Chinese market remains unchanged. (Jiemian News)
"Journey with Hui" Customer Service Responds to "Controversy over Mahuang Chickens": There Are No Food Safety Issues
Recently, the live - streaming room "Journey with Hui" led by Dong Yuhui promoted the "Wanxi Mahuang Chicken" during the "Anhui Tour of Yue Shan He" event, which raised doubts from the Anhui Lu'an Mahuang Chicken Industry Association. On the evening of January 15th, The Paper, posing as a consumer again, inquired with the "Journey with Hui" customer service about the controversial product. The customer service sent three paragraphs of text and the conclusion parts of three test reports, mainly stating two points: First, the sold products are of qualified quality; second, "Mahuang Chicken" is a common industry term.
The detailed text states that for the product "Baishixuan Dabie Mountain Yellow - Fat Hen" recommended by "Journey with Hui", the tested items such as veterinary drug residues, antibiotics, antibacterial drugs, and prohibited drugs are all qualified, and there are no food safety issues. Regarding the breed of the chicken, the "Journey with Hui" customer service sent a text introduction, stating that "Mahuang Chicken" is a general industry name, generally referring to chickens with mahuang - colored feathers, and there are large - scale breedings in many provincial regions across the country. (The Paper)
Silver counters are attracting a surge of popularity, and industry insiders predict that the silver price will continue to rise
Entering 2026, the silver price hit a record high, breaking through the 20-yuan mark per gram. On January 16th, the silver price remained volatile at a high level, and the spot silver price was still strong, staying above 20 yuan. At the Jinduoyinduo Jewelry Square in Zhengzhou City, the counters for silver jewelry and investment silver bars, which were previously unpopular, have clearly seen a significant increase in popularity. Industry insiders generally believe that, due to factors such as industrial demand and the public's psychology of buying on the upswing, the silver price is likely to maintain an upward trend with fluctuations in 2026. (Daxiang News)
Yulian Teahouse Responds to "Milk Tea Can Only Be Purchased in Bundled Packages, Not Individually"
"It's the first time I've heard that milk tea needs to be bundled with other items." Recently, many netizens have reported on social platforms that the signature product "Special Strong Tea Diamond Amber Milk" (hereinafter referred to as "Amber Milk") and the recent new product "Tangerine and Pear Amber Ice" (hereinafter referred to as "Pear Ice") of the well - known milk tea brand "Yulian Teahouse" are priced at more than 20 yuan per cup for dine - in. However, when ordering through the food delivery platform or its mini - program for takeout, customers can only purchase packages and cannot order individual cups. The packages bundle other drinks or tea snacks, with prices ranging from 48 yuan to 66 yuan. On January 15th, the operator of Yulian Teahouse's public hotline told The Paper that an option for single - cup Amber Milk will be launched in the future, but the specific time is not yet known. There is no notice of adjustment for Pear Ice for the time being. (The Paper)
Gree Distributes Nearly 5.6 Billion Yuan in Dividends
On January 15th, Gree Electric Appliances, Inc., of Zhuhai issued the "Announcement on the Implementation of Interim Equity Distribution for 2025". According to the plan, Gree Electric Appliances intends to distribute cash dividends based on the company's existing total share capital of 5.585 billion shares after excluding the 16.267 million repurchased shares. It plans to distribute a cash dividend of 10 yuan (tax included) for every 10 shares to all shareholders, without issuing bonus shares or converting capital reserves into additional shares. The total cash dividend distributed this time will exceed 5.585 billion yuan, and the remaining undistributed profits will be carried forward to future years for distribution.
Shareholder information on Aiqicha shows that Gree Electric Appliances, Inc., of Zhuhai is jointly held by Zhuhai Mingjun Investment Partnership (Limited Partnership), Jinghai Internet Technology Development Co., Ltd., Dong Mingzhu, etc. Among them, Dong Mingzhu holds 1.8% of the company's shares and is the sixth-largest shareholder. (Jiemian News)
Most popular Chinese concept stocks declined in pre - market trading of U.S. stocks, while Pinduoduo rose more than 1%
36Kr learned that most popular Chinese concept stocks declined in pre - market trading of U.S. stocks. Pinduoduo, NetEase, and NIO rose more than 1%. Li Auto fell 0.98%, Alibaba fell 0.54%, XPeng Motors fell 0.48%, Bilibili fell 0.36%, and JD.com fell 0.24%.
smart's cooperation with multiple charging pile companies has been interrupted, and the official says there is no plan to resume it for now
It was learned on January 16 that the charging cooperation between smart cars and multiple charging operators such as Xingxing Charging, Teclai, and Xiaoju Charging has been interrupted, and the station resources of these companies have been removed from the charging map of the smart car App. A person familiar with the matter said that the interruption may be due to financial pressure, and there will be no further renewal of the contract. (Sina Technology)
Tax authorities remind taxpayers to conduct self - inspections on their overseas income in the past three years
It is learned from relevant departments of the State Taxation Administration that tax authorities have continuously strengthened the publicity and guidance on the tax payment of overseas income of resident individuals. Since last year, taxpayers have been reminded to conduct self - inspections on their income obtained from overseas from 2022 to 2024. According to the provisions of laws and regulations such as the Tax Collection and Administration Law, if a taxpayer fails to file a tax return or makes calculation errors, resulting in non - payment or under - payment of taxes, the tax authorities can recover the taxes and late fees within three years; if it constitutes tax evasion, it will be handled in accordance with the law. (Xinhua News Agency)
Japan Demands X to Take Measures Against Grok's Forged Pornographic Images
The Japanese government said on January 16 that it has demanded that social media platform X take measures to curb the behavior of using its artificial intelligence tool Grok to tamper with and sexualize images. Grok, developed by xAI, an AI company owned by Elon Musk, is built into Musk's social media platform X. This tool has been misused to generate false sexually explicit content based on real people and spread it on the X platform. The victims include many women and minors. (Jiemian News)
Porsche delivered 279,449 vehicles globally in 2025, a year-on-year decrease of 10%
On January 16, Porsche issued a statement saying that its global deliveries decreased by 10% to 279,449 vehicles in 2025. Among them, the deliveries in North America remained flat at 86,229 vehicles; the deliveries in Europe (excluding Germany) decreased by 13% to 66,340 vehicles; the deliveries in the German market decreased by 16% to 29,968 vehicles. Porsche said that the decline in deliveries in the European and German markets was due to the impact of EU cybersecurity regulations, which led to a supply shortage of the 718 and Macan models equipped with internal combustion engines. (Jiemian News)
Anthropic Appoints Microsoft Senior Executive Irina Ghose as General Manager for India
Artificial intelligence startup Anthropic said on Friday that it has appointed former Microsoft executive Irina Ghose as the general manager for India. Ghose served as the general manager of Microsoft's India business for two years and left the U.S. tech giant in December 2025 after 24 years of work. (Sina Finance)
Ford May Discuss Battery Procurement for Overseas Factories with BYD
According to people familiar with the matter, Ford Motor is in talks with Chinese company BYD to discuss supplying batteries for hybrid vehicles manufactured at the US company's overseas factories. The people familiar with the matter said that Ford is in discussions with multiple battery suppliers, and BYD is one of them. Due to the internal nature of the discussions, the people familiar with the matter requested anonymity. They said that no agreement has been reached yet. BYD leads the world in electric vehicle sales. (Sina Finance)
Australia: Over 4.7 million social media accounts of minors closed
The Australian government said on January 16 that more than 4.7 million relevant accounts have been closed since the social media ban targeting minors under the age of 16 came into effect. The latest data released by the Office of the eSafety Commissioner of the Australian government shows that since the ban took effect on December 10 last year, social media platforms have closed about 4.7 million accounts identified as belonging to minors under the age of 16 within a few days. (Xinhua News Agency)
The lawsuit filed by Elon Musk against OpenAI will enter the trial process in late April
OpenAI and Microsoft have not escaped a lawsuit. On January 15th local time, a federal judge in Oakland, California, USA, rejected the application of OpenAI and Microsoft to dismiss the accusations made by Elon Musk. The judge ruled that the case will enter the jury trial process in late April. In 2024, Elon Musk filed a lawsuit against OpenAI, accusing the startup of deviating from its founding mission as a public charity. After receiving billions of dollars in funding from Microsoft, OpenAI plans to transform into a for - profit enterprise. A spokesperson for OpenAI said in response that Musk's lawsuit is baseless and is part of his continuous harassment, and they look forward to proving this in court. (Cailian Press)
Wall Street's major banks laid off a total of 10,600 employees last year, the highest level in nearly a decade
The largest U.S. banks laid off the most employees last year in nearly a decade as executives sought to control costs by trimming what is typically their most expensive line item. As of the end of December, the total number of employees at the six major banks - JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs Group, and Morgan Stanley - was 1.09 million, down about 10,600 from the same period last year, the lowest level since 2021. The last time such a large - scale lay - off occurred in this group was in 2016, when the number of employees decreased by about 22,000 compared with the previous year. (Jiemian News)
Jamie Dimon: Firmly Denied Any Possibility of Becoming the Fed Chair
On January 15th, Eastern Time in the United States, Jamie Dimon, the CEO of JPMorgan Chase, firmly denied any possibility of him becoming the Fed chair. He also stated that even if the president invited him, he would not accept the position. When specifically asked if he would consider becoming the Treasury Secretary, Dimon's tone was more cautious. He said that he would at least listen to the president's ideas, but then he immediately made it clear that he had no intention of leaving JPMorgan Chase. (Caixin Press)
Going Public in Progress
Big Boy Catering International Holdings Limited
36Kr has learned that according to documents filed with the Hong Kong Stock Exchange, Big Boy Catering International Holdings Limited has submitted a listing application to the Hong Kong Stock Exchange, with BOCI Securities Limited as the sole sponsor.
Changjing Technology
36Kr learned that the official website of the China Securities Regulatory Commission disclosed that Jiangsu Changjing Technology Co., Ltd. (hereinafter referred to as "Changjing Technology") completed the record-filing registration for counseling with the Jiangsu Securities Regulatory Bureau on January 15, 2026. It plans to conduct an initial public offering of stocks and be listed, and the counseling brokerage is Huatai United Securities.
The Forefront of AI
Meituan Launches Open-Source “Re-thinking” Model
36Kr learned from the official Weibo account of Meituan's LongCat that as an upgraded version of the LongCat-Flash-Thinking model, LongCat-Flash-Thinking-2601 is now open-source. The new model has reached the SOTA level of open-source models on core evaluation benchmarks such as agent search, agent tool invocation, and tool interaction reasoning. In random complex tasks that rely on tool invocation, it can significantly reduce the adaptation training cost of new tools in real scenarios. The new model also supports the “re-thinking” mode, which can simultaneously activate 8 “brains” to perform tasks. You can experience it for free on the official website of LongCat.
Google DeepMind CEO: China's AI models lag behind the US by only a few months
On January 15th, Eastern Time, Demis Hassabis, the CEO of DeepMind, a subsidiary of Google and a leading figure in the global AI field, said in a podcast that China's AI models may only lag behind the progress in the US and the West by a few months. Hassabis said that Chinese AI developers, including DeepSeek and the "Six AI Tigers" in China, have released several advanced AI models in the past year, which are comparable to their US counterparts in major AI benchmark tests. Chinese technology giants such as Alibaba, Baidu, and Tencent have also increased their investment in the field of artificial intelligence in the past year. (Caixin)
Dreametech AI Smart Ring Reaches a Cooperation with the Human-Computer Interaction Laboratory of Tsinghua University
36Kr learned that recently, Dreametech AI Smart Ring officially announced a deep strategic cooperation with the Human-Computer Interaction Laboratory of Tsinghua University. This cooperation will focus on areas such as sensor performance verification of smart wearable devices, development of multi-vital sign health algorithms, and research on sleep stage algorithms. The two parties will conduct systematic verification experiments on the multi-modal sensors (including optical heart rate sensors, blood oxygen sensors, temperature sensors, etc.) equipped in the smart ring, testing the stability and reliability of data collection under static, dynamic conditions, and different skin types and environmental conditions to ensure that the hardware layer can provide high-quality signal input.
Financial Reports of Large Companies
Shenghong Technology: Net profit is expected to increase by 260%-295% year-on-year in 2025
36Kr learned that Shenghong Technology announced that it expects its net profit to reach 4.16 billion yuan - 4.56 billion yuan in 2025, a year-on-year increase of 260.35% - 295.00%. In key areas such as AI computing power, data centers, and high-performance computing, multiple high-end products have achieved large-scale mass production, driving the product structure to upgrade towards high value and high technical complexity. The proportion of high-end products has increased significantly, promoting the company's high-speed performance growth.
Cambridge Technology: Net profit in 2025 is expected to increase by 51.19% - 66.79% year-on-year
36Kr learned that Cambridge Technology announced that the company expects its net profit attributable to shareholders of listed companies in 2025 to reach RMB 252 million to RMB 278 million. Compared with the same period of the previous year, it will increase by RMB 85.3188 million to RMB 111.3188 million, a year-on-year increase of 51.19% - 66.79%. It is estimated that the net profit attributable to shareholders of listed companies after deducting non - recurring gains and losses in 2025 will be between RMB 249 million and RMB 275 million. Compared with the same period of the previous year, it will increase by RMB 97.7457 million to RMB 123.7457 million, a year-on-year increase of 64.62% - 81.81%.
Junda Co., Ltd.: Expected net loss of 1.2 billion - 1.5 billion yuan in 2025
36Kr learned that Junda Co., Ltd. announced that it expects a net loss attributable to shareholders of the listed company of 1.2 billion - 1.5 billion yuan in 2025, compared with a loss of 591 million yuan in the same period of the previous year. The net profit after deducting non - recurring gains and losses is expected to be a loss of 1.4 billion - 1.8 billion yuan, compared with a loss of 1.118 billion yuan in the same period of the previous year. The basic earnings per share is expected to be a loss of 4.54 - 5.67 yuan per share, compared with a loss of 2.6 yuan per share in the same period of the previous year.
Investment and Financing
"Shuli Innovation" Completes Hundreds of Millions of Yuan in Series B+ Financing
36Kr learned that recently, "Shuli Innovation" completed a Series B+ financing of hundreds of millions of RMB. This round of financing was jointly invested by the National SME Development Fund, Orient Fortune Capital, and old shareholders. The funds raised in this round will be mainly used to continuously build a diversified industrial application and full - chain innovation ecosystem for brain - computer interface technology.
Cool Products
MediaTek Launches Dimensity 9500s and Dimensity 8500
36Kr has learned that on January 15th, MediaTek launched the Dimensity 9500s and Dimensity 8500 mobile chips. It is reported that the Dimensity 9500s uses the flagship 3nm process and a full large-core architecture. The octa-core CPU includes one Cortex-X925 super-large core with a clock speed of up to 3.73GHz, three Cortex-X4 super-large cores, and four Cortex-A720 cores. The Dimensity 8500 is equipped with a more powerful octa-core Mali-G720 GPU. Its peak performance is 25% higher than the previous generation, and its power consumption is 20% lower compared to the peak performance of the previous generation.
Compiled | Chenxi