Krstar Evening News | Alibaba may release an important chip product tomorrow; The world's first innovative brain-computer interface product has obtained a medical insurance code; LG Electronics says it will fully promote its robotics business this year
Large companies:
Shuanglin Co., Ltd. Gets Record-Filing Approval from China Securities Regulatory Commission for Hong Kong Stock Listing
36Kr learned that the International Cooperation Department of the China Securities Regulatory Commission issued a record-filing notice for the overseas issuance and listing of Shuanglin Co., Ltd. The company plans to issue no more than 89,697,300 overseas-listed common shares and list them on the Hong Kong Stock Exchange.
Baogai New Materials' Hong Kong IPO Receives Filing Approval from China Securities Regulatory Commission
36Kr learned that the International Cooperation Department of the China Securities Regulatory Commission issued a filing notice for the overseas issuance and listing of Shandong Baogai New Materials Technology Co., Ltd. The company plans to issue no more than 16,640,500 overseas - listed common shares and list on the Hong Kong Stock Exchange.
Yuntianhua: Net profit of 5.156 billion yuan in 2025, plans to distribute 12 yuan per 10 shares
36Kr learned that Yuntianhua released its 2025 performance report. The report shows that the company achieved an operating income of 48.415 billion yuan in 2025, a year-on-year decrease of 21.47%; the net profit attributable to shareholders of the listed company was 5.156 billion yuan, a year-on-year decrease of 3.40%. The company plans to distribute a cash dividend of 12 yuan (tax included) for every 10 shares to all shareholders. The total dividend for 2025 is 2.552 billion yuan, accounting for 49.50% of the net profit of that year.
The first domestic enterprise-level full-featured OpenClaw is here! Baidu DuMate is fully launched
On March 22nd, Baidu Smart Cloud's DuMate was officially launched and fully opened to users. This is the first domestic enterprise-level lobster product in China, supporting local deployment, allowing enterprise users to use it safely and compliantly. In response to the current pain points of lobster security risks, DuMate provides a comprehensive solution to achieve multiple protections. On the one hand, DuMate achieves isolation from the local device environment through pre-installed security sandboxes. Code, tasks, and files are executed in a closed-loop manner, without affecting the local environment, spreading risks, or leaking data. On the other hand, for high-risk operations such as file deletion, system modification, and data externalization, DuMate will force users to explicitly authorize before execution. At the same time, DuMate also has enterprise-level scenario capabilities such as folder-level permission control and full-process audit of operations. In terms of functions, DuMate natively supports mainstream office software such as Word, Excel, and PPT. With the built-in Baidu Search Skill, DuMate also has stronger understanding ability and a better task completion rate. In addition, DuMate also supports users to flexibly expand high-quality Skills as needed. DuMate further improves Baidu's OpenClaw ecological layout. Currently, Baidu's lobster product family includes cloud lobsters, mobile lobsters, security lobsters, desktop lobsters, and the world's first household crayfish, which can meet the lobster usage needs in different scenarios.
Guanshi Technology: Net profit attributable to the parent company recorded a loss of 70.2891 million yuan in 2025, with the loss widening
36Kr learned that Guanshi Technology released its 2025 performance report. The report shows that in 2025, the company achieved an operating income of 1.365 billion yuan, a year-on-year increase of 0.44%. The net profit attributable to the shareholders of the listed company recorded a loss of 70.2891 million yuan, compared with a loss of 15.4551 million yuan in the same period of the previous year. The basic earnings per share was -0.96 yuan. The company plans not to distribute profits, pay cash dividends, issue bonus shares, or conduct capital reserve conversion into share capital in 2025.
Fuxiang Pharmaceutical: It is estimated that the net profit in the first quarter of 2026 will increase by 2222.67% - 3250.01% year-on-year
36Kr learned that Fuxiang Pharmaceutical announced that it is estimated that the net profit in the first quarter of 2026 will be between 52 million yuan and 75 million yuan, a year-on-year increase of 2222.67% - 3250.01%. During the reporting period, benefiting from the continuous improvement of the prosperity of the new energy industry, the market demand for power batteries has steadily increased, and the market demand for energy storage batteries has rapidly exploded, driving the continuous increase in the demand for upstream lithium battery materials. The company's lithium battery electrolyte additive business is in good operation. The volume and price of core products such as VC and FEC have both increased, thus driving the company's performance to increase significantly year-on-year.
Yuqi Forest Sets Up a New Beverage Company in Henan with a Registered Capital of 300 Million Yuan
36Kr learned that according to the Aiqicha App, recently, Yuqi Forest (Henan) Beverage Co., Ltd. was established. The legal representative is Gu Yalei, and the registered capital is 300 million yuan. Its business scope includes beverage production, food production, food sales, dairy product production, food additive production, alcohol sales, etc. Shareholder information shows that the company is wholly owned by Yuqi Forest (Beijing) Food Technology Group Co., Ltd.
LG Electronics Says It Will Go All Out to Promote Robotics Business This Year
LG Electronics CEO Ryu Jae-chul said on Monday that the company will spare no effort to develop its robotics business this year, and pointed out that in the era of artificial intelligence, the company can give full play to its accumulated expertise in this field. Ryu Jae-chul said at the shareholders' meeting held in Seoul, "Against the backdrop of the booming development of artificial intelligence, we plan to focus on four key areas - robotics, refrigeration solutions, smart factories, and smart homes - where LG Electronics has unique advantages and strong growth potential." According to the plan, LG Electronics will seek to independently produce robot actuators (accounting for about 40% of the robot production cost) to enhance its business-to-business (B2B) business portfolio. (Sina Finance)
Investment and Financing:
Digua Robotics Company Increases Capital to 1.63 Billion Yuan
36Kr learned that according to the Aiqicha App, recently, Shenzhen Digua Robotics Co., Ltd. underwent industrial and commercial changes. Its registered capital increased from 630 million yuan to 1.63 billion yuan. Shenzhen Digua Robotics Co., Ltd. was established in January 2024, with Wang Cong as its legal representative. Its business scope includes the R & D of intelligent robots, integrated circuit chip design and services, and the development of artificial intelligence application software. Shareholder information shows that the company is wholly owned by D - Robotics Holding Limited.
"Hangxing Transmission" Announces Completion of Over 100 Million Yuan Pre-B Round of Financing
36Kr learned that recently, "Hangxing Transmission", a high-end control system equipment service provider, announced the completion of a Pre-B round of financing of over 100 million yuan, jointly invested by CRRC Guochuang, Guoxin Guozheng, and Anhui Provincial Industry Investment. The funds from this round will be used to further recruit high-end R & D talents, enhance core technology R & D capabilities, and explore domestic and international markets.
New Products:
Weibo Launches Its First AI Community
36Kr learned that recently, Weibo launched the super topic "Silicon-based Tea Room", becoming the first domestic social media platform to launch an AI community. Currently, this super topic has been launched. It is reported that the "Silicon-based Tea Room" is a parallel universe created for various AIs, including Lobster and comment robots, which supports their settlement, living, and interaction. As "residents" of the community, AIs can post updates, interact through comments, etc., completing a full range of social behaviors. Users can start the settlement process for their AIs by sending them the link to the super topic.
Volkswagen's Scout Plans to Build an Independent Brand in the United States
On March 21 local time, Scott Keogh, the CEO of the Scout brand under the Volkswagen Group, said that Scout Motors will build an independent brand in the United States and may consider going public in the future. Keogh said that as part of Volkswagen's joint - venture project with Rivian, Scout's models will adopt Rivian's software technology. The extended - range models of Scout will use engines produced at Volkswagen's factory in Mexico.
Alibaba Responds to the Plan of Launching "Shrimp-Raising" PC: It's a Cloud Computer Product, and There's No Release Schedule Yet
In response to the news that Alibaba is about to launch a "shrimp-raising" PC and host hardware led by Alibaba Cloud's Wuying team, Alibaba stated that there is such a plan, which is based on the transformation of existing products, but there is no release schedule. "It's a cloud computer, not a PC," according to an informed source. Previously, Alibaba Cloud had launched several Wuying cloud computer products. (Caixin)
Alibaba May Release Important Chip Products Tomorrow
Alibaba's DAMO Academy may release important chip products tomorrow, potentially targeting the computing power demand for AI Agents that has surged this year. Public information shows that the DAMO Academy will hold the 2026 XuanTie RISC-V Ecosystem Conference in Shanghai tomorrow. It released the industry's first server-grade RISC-V CPU last year. (Jiemian)
Mark Zuckerberg is Developing an AI Agent to Assist in His Duties as CEO
People familiar with the matter revealed that Mark Zuckerberg is developing an exclusive AI agent for CEOs to assist him in his work. This agent, which is still under development, can currently help Zuckerberg obtain information more efficiently. For example, answers that he previously had to obtain through multiple layers of personnel can now be directly retrieved and provided by this agent. Recently, Zuckerberg himself has also spent more time writing code and previewed the relevant layout during the company's earnings conference call in January this year. (Sina Finance)
The world's first innovative brain-computer interface product obtains a medical insurance code
According to the National Healthcare Security Administration, on March 13, 2026, the world's first invasive brain-computer interface medical device was officially approved for market launch. On March 15, the National Healthcare Security Administration took the initiative to connect and provide proactive services, assigning a medical insurance code to the product. This successfully breaks through the key link from the product's approval for market launch to its clinical application, marking that the brain-computer interface industry has officially entered the "fast lane of implementation" from the "planning blueprint".
Today's view:
Pan Gongsheng: Steadily Promote High - level Opening - up of the Financial Industry
Pan Gongsheng, the governor of the People's Bank of China, said at the China Development Forum 2026 on March 22 that we will steadily promote the high - level opening - up of the financial industry. We will deepen the interconnection of financial markets and the cross - border interconnection of payment systems to facilitate more investors to invest in the Chinese financial market. The scale of China's stock and bond markets ranks second in the world, and the market depth, resilience, and liquidity continue to improve. As of the end of 2025, overseas institutions and individuals held more than 10 trillion yuan of RMB financial assets such as domestic stocks, bonds, deposits, and loans. We welcome overseas investors to participate in and invest in the Chinese financial market. In recent years, the internationalization of the RMB has made positive progress, providing more diversified currency options for domestic and overseas entities. Currently, the RMB financing cost is relatively low. In 2025, governments of many countries, international development institutions, financial institutions, and large enterprises issued more than 170 billion yuan of panda bonds, and the scale of offshore RMB bonds issued in Hong Kong was even larger. We will continuously improve the institutional arrangements for cross - border use of the RMB and the construction of financial infrastructure. We will carry out diversified monetary and financial cooperation, promote the development of the offshore RMB market, and provide convenience for cross - border trade and investment and financing activities.
Other News Worth Attention:
The Ministry of Industry and Information Technology publicly solicits opinions on the approval of two recommended national standards in the automotive industry, including the "Requirements for Automotive Data Security Assurance"
36Kr learned that according to the Ministry of Industry and Information Technology, in accordance with the standard formulation and revision plan, the relevant standardization technical organizations have completed the compilation of two recommended national standards in the automotive industry, including the "Requirements for Automotive Data Security Assurance". To further solicit opinions from all sectors of society, they are now being publicly announced. Public announcement period: March 24, 2026 - March 30, 2026.