Krypton Evening News | Mixue Ice Cream & Tea to Build "Snow King Park" in Its Hometown of Henan; DHL Group Signs Memorandum of Understanding with JD.com; Japanese Chip Company Rapidus Receives Investments from Canon, SoftBank, Sony and Other Companies
Large Companies:
Tesla's Self-driving Technology Completes Road Tests in Abu Dhabi
The Integrated Transport Centre (ITC) in Abu Dhabi announced on Thursday that under the supervision of a driver, it had overseen Tesla's completion of road tests of its latest self-driving technology in the local area. Tesla's test project in Abu Dhabi aims to promote innovation in transportation within the approved regulatory framework, establish a test model for advanced driver assistance and autonomous driving technologies in the UAE, and seek a careful balance between safety requirements and the encouragement of modern innovation. (Caixin)
Mixue Bingcheng to Build "Snow King Paradise" in Its Hometown of Henan
It was learned from a person close to Mixue that the first "Snow King Indoor Paradise" project of Mixue Bingcheng is located at the group's headquarters in Zhengzhou, Henan. Currently, all work is progressing steadily. It is reported that the paradise takes the Snow King IP as the core to create a sweet and fantastic Snow King world. It plans to have multiple indoor theme experience areas, deeply integrating the three scenarios of Mixue Bingcheng's global headquarters, global flagship store, and theme park to create a trinity experience system of "playing + shopping + experiencing". (Dahe Financial Cube)
Meizu in Talks with Third-party Hardware Partners, Possible Target: Cube Technology
According to media reports, Meizu announced externally that it would suspend the self-developed hardware project for new domestic mobile phones and is actively in talks with third-party hardware partners. It was learned from an informed source that the partner Meizu is in talks with may be Cube Technology. The aforementioned informed source said, "Currently, Cube Technology has an intention to cooperate with Meizu. The specific cooperation is still in the process of communication and promotion, and the cooperation situation depends on the communication on the product side." (Caixin)
On February 26, SKF, an established bearing company, announced that SKF Vertevo will be the name used by SKF's automotive business when it operates as an independent company. This announcement marks an important step for SKF in promoting the spin-off of its automotive business. According to the plan, SKF aims to list SKF Vertevo on the Nasdaq Stockholm Stock Exchange in the fourth quarter of this year, but the plan still requires the board of directors to propose a spin-off and listing plan and obtain approval from the shareholders' meeting. (Jiemian)
DHL Group Signs Memorandum of Understanding with JD.com
36Kr learned that on February 27, DHL Group and JD.com announced the signing of a memorandum of understanding. The two parties will conduct in-depth cooperation in the fields of innovative logistics and e-commerce, providing a one-stop solution for German brands to enter the Chinese market and expand their European business. According to the agreement, DHL will recommend high-quality German brands to JD.com. German companies can directly reach Chinese consumers through JD Worldwide without setting up a physical company in China.
36Kr learned that Doubao Mobile issued a solemn statement regarding the malicious hype of the "Doubao Mobile Assistant vulnerability" by black public relations. It mentioned that ByteDance attaches great importance to user information security and has a public security vulnerability response platform, offering generous rewards to vulnerability reporters. As of now, we have not received a detailed report on the Doubao Mobile Assistant vulnerability, nor have we received any notifications from relevant network security regulatory authorities. According to the "Regulations on the Management of Network Product Security Vulnerabilities" of the country, the illegal public disclosure of vulnerabilities is suspected of violating the law. The online vulnerability demonstration video requires users to actively ask AI to view malicious emails or text messages to trigger an attack. Without user instructions, AI will not automatically perform high-risk operations. In response to the attack method demonstrated in the video, Doubao Mobile Assistant has upgraded the corresponding protection measures.
TikTok Mall's 3.8 Good Products Festival to Officially Kick off on March 4
The 3.8 Good Products Festival of TikTok Mall will officially start on March 4, focusing on the core scenarios of women's self-pampering and gift-giving, while covering scenarios such as spring renewal, starting school, and resuming work. It will enrich the product supply to meet the diverse consumption needs of consumers. Currently, the recruitment for the 3.8 Good Products Festival has been fully launched. To help merchants better meet consumer demand, TikTok E-commerce will issue "consumer vouchers" subsidized by the platform, launch diverse gameplay and rich resource support in the shelf and content fields, and upgrade platform product tools to lock in the definite growth of merchants' business from multiple dimensions.
The Spring Festival activities of Kuaishou in 2026 have ended. Platform data shows that driven by red envelope gameplay such as "Shake the Fortune Tree" and New Year-themed activities, the DAU scale reached a new historical high, breaking the peak for two consecutive Spring Festivals. The number of users participating in the "Shake to Get Red Envelopes" activity increased by over 60% year-on-year, and users exchanged red envelopes more than 10 times on average in the "Exchange Red Envelopes" gameplay. The fortune code has become a new way to send New Year greetings, with Chongqing, Harbin, and Changchun ranking among the top three cities where people like to scan the code the most. Nearly 80 million users participated in the "Huozai Celebrates the New Year" and "Spring Friends Spend Money" activities.
Investment and Financing:
"Salute to the Unknown" Completes Over 100 Million Yuan Pre-A Round of Financing
36Kr learned that recently, the AI sports technology company "Salute to the Unknown" announced the completion of over 100 million yuan in Pre-A round of financing. This round of financing was jointly invested by multiple institutions such as Skyworth Capital, Boyu Capital, Lenovo Capital, and GF Qianhe. Chuangling Capital served as the exclusive financial advisor for this round. The funds raised this time will be mainly used for global market expansion, new product R & D, and core technology innovation.
Japanese Chip Company Rapidus Receives Investment from Canon, SoftBank, Sony, etc.
On February 27, Rapidus announced that it had completed financing totaling 267.6 billion yen (approximately $1.7 billion), with funds coming from the Japanese government and private enterprises. Among them, an independent administrative institution under the Ministry of Economy, Trade and Industry of Japan invested 100 billion yen. This strategic financing plan will help Rapidus steadily advance its R & D process and achieve the mass production target of 2-nanometer logic semiconductors by 2027. Rapidus also announced that it had received private equity financing from 32 companies, totaling 167.6 billion yen. The investors include Canon, Japan Bank for International Cooperation, Fujitsu, NTT, SoftBank Group, and Sony Group. (Jiemian)
Other Noteworthy News:
The Political Bureau of the CPC Central Committee held a meeting on February 27 to discuss the draft outline of the 15th Five-Year Plan for National Economic and Social Development of the People's Republic of China to be submitted by the State Council to the Fourth Session of the 14th National People's Congress for review and the draft of the "Government Work Report" for deliberation. The meeting pointed out that to do a good job in the government's work this year, under the strong leadership of the CPC Central Committee with Comrade Xi Jinping as the core, guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, we should thoroughly implement the spirit of the 20th National Congress of the CPC and all plenary sessions of the 20th CPC Central Committee, earnestly implement the arrangements of the Fourth Plenary Session of the 20th CPC Central Committee and the Central Economic Work Conference, fully, accurately, and comprehensively implement the new development concept, accelerate the construction of a new development pattern, focus on promoting high-quality development, adhere to the general tone of seeking progress while maintaining stability, coordinate the overall situations at home and abroad, better coordinate development and security, implement more active and effective macroeconomic policies, enhance the forward-looking, targeted, and coordinated nature of policies, continuously expand domestic demand and optimize supply, improve the quality of incremental resources and revitalize existing resources, develop new productive forces according to local conditions, advance the construction of a unified national market in depth, continuously prevent and resolve risks in key areas, focus on stabilizing employment, enterprises, the market, and expectations, promote the effective improvement of the quality and reasonable growth of the quantity of the economy, maintain social harmony and stability, and achieve a good start for the 15th Five-Year Plan. (Xinhua News Agency)
The Ministry of Commerce Announces Adjustment of Anti-discrimination Measures Against Canada
36Kr learned that according to a notice on the website of the Ministry of Commerce, the Ministry of Commerce announced the adjustment of anti-discrimination measures against Canada. According to Announcement No. 11 of the Ministry of Commerce in 2025, in the following situations, the anti-discrimination measures can be adjusted, suspended, or cancelled in accordance with the procedures: (1) The government of the investigated country (region) has adjusted or cancelled the investigated measures or practices; (2) The government of the investigated country (region) has provided appropriate compensation to China for the damage caused; (3) The investigated country (region) and China have reached a consensus solution through consultations; (4) The government of the investigated country (region) has taken further substantial measures; (5) Other appropriate circumstances. Recently, China and Canada have formed a preliminary joint arrangement for handling relevant economic and trade issues. The Canadian government has officially announced partial adjustment of the restrictive measures such as additional tariffs on steel and aluminum products imported from China. After verification by the investigating authority, it meets the above circumstances (1) and (3). Therefore, it has been decided to make corresponding adjustments to the current anti-discrimination measures, and no additional anti-discrimination-related tariffs will be imposed on some imported goods originating from Canada. The adjustment of the additional tariff measures will be announced separately.