At 8:00, here are the latest news: Patagonia's customer service responds to the so - called "Earth usage fee"; An airport in Florida, the United States, is renamed "Donald Trump International Airport"; Some merchants launch AI large - model paper funerary items during the Tomb - Sweeping Festival.
Today's Hotspot Guide
Apple officials claim that the "Lockdown Mode" has not been breached by anyone so far.
Hongguo responds to the theft of ordinary people's faces by AI short dramas, and some footage of the involved characters has been replaced.
The notice of the increase in the fuel surcharge for domestic flights has been withdrawn.
Domino's Pizza appoints Nicola Frampton as CEO.
A "Starlink" satellite of SpaceX in the United States has gone missing.
The Reserve Bank of Australia announces the cancellation of the surcharge for bank card payments starting from October.
Top 3 Big News
Patagonia Customer Service Responds to "Earth Usage Fee": It's True, and the Plan Will Be Tried Out for a Month
Recently, the outdoor sports brand Patagonia has sparked heated discussions due to the introduction of the "Earth Usage Fee" policy in its Tmall flagship store. This policy requires consumers to prepay a logistics packaging fee when shopping (15 yuan for the first item and 5 yuan for each additional item). If the consumer does not return the goods after receiving them, the fee will be refunded. If the goods are returned, the fee will be deducted and donated to environmental protection projects. The brand claims that the purpose is to reduce the environmental impact of online shopping. In the afternoon of March 31st, a reporter consulted the official customer service of Patagonia's Tmall flagship store about this matter. The customer service said that the "Earth Usage Fee" policy is true. It is expected to start on April 1st, but it is not certain whether it will be implemented permanently or only for a certain period.
The customer service also explained that the "Earth Usage Fee" is equivalent to "orders in the store are no longer free of shipping. If there are returns or exchanges, the process is the same as before." If the consumer does not return the goods after receiving them, the shipping fee paid when placing the order can be refunded. Currently, Patagonia's Tmall flagship store is just leading this initiative of non - free shipping. In addition, regarding the controversy caused by the "Earth Usage Fee" online, the customer service said that they have noticed it but did not make any other responses. (Qianjiang Video)
An airport in Florida, USA, renamed as "Donald Trump International Airport"
Ron DeSantis, the Republican governor of Florida, USA, signed a bill on the 30th, deciding to rename Palm Beach International Airport in the state as "Donald Trump International Airport".
Palm Beach International Airport is not far from former US President Donald Trump's Mar - a - Lago estate. In February this year, the Florida State Legislature, where Republican lawmakers hold the majority, approved the bill to rename the airport. Democrats oppose this bill. The bill was then submitted to DeSantis for signature.
Since Trump began his second term as president, his name has appeared on one national symbol after another. The US Treasury Department announced on the 26th of this month that it will print Trump's signature on US dollar bills to "commemorate the 250th anniversary of the founding of the United States". This will be the first time the signature of an incumbent president appears on US dollar bills. In December last year, the board of directors of the "Kennedy Center for the Performing Arts", whose members were hand - picked by Trump, voted to rename the center as the "Trump - Kennedy Center for the Performing Arts". This is a landmark cultural institution located in Washington, the capital of the United States. The name change has been strongly opposed by Democrats and the Kennedy family. (The Paper)
During the Tomb-Sweeping Festival, some merchants have launched AI large model paper figurines, with a considerate note: Can be used even if you don't know computers
As the Tomb-Sweeping Festival approaches, some netizens browsing e-commerce platforms have found that some stores have put up a bucket of AI paper figurines full of creative ideas. They have also replicated paper figurine single products of internationally leading and popular large AI models such as OpenClaw, DeepSeek, and ChatGPT, with prices starting from 35.9 yuan.
According to the product details introduction, this paper-made large AI model is in the shape of an all-in-one machine, which is delicate, small, and easy to operate. There is a considerate note: It can be used even if you don't know computers and can be used as a Bluetooth speaker or voice assistant; those who understand technology can also "deploy" it as a local AI model ornament. The product is mainly made by pure paper handicraft, with realistic details and a strong sense of atmosphere. It is shipped from Chenzhou, Hunan.
In the product review section, some buyers left messages saying, "It's so small, and I can feel the boss's dedication." Another buyer left a comment saying, "The times are developing very fast. I hope grandpa will like it." The store owner also replied, "Yes, this is a pure hand-made and pure paper model. It is generally used for sacrificial ceremonies. This is a new product on the shelves in the store." (Kuaikeji)
Big Companies/Big Events
Tourism and Culture Bureau Responds to Pet-Friendly Hotel Recommending Dog Meat: It's a Specialty Dish in Panjiang Town
On March 27, a netizen posted that they had booked a hotel with the "pet-friendly" label in order to take their puppy on a vacation. However, they received an official text message from the hotel that actively recommended the specialty dog meat in Panjiang and also described its related effects.
On March 30, a journalist contacted the hotel. The staff said that they are indeed a pet-friendly hotel, and customers can bring their pets to stay. As for dog meat, they recommended that customers go to Panjiang Town to eat it, as it is a local specialty, and the hotel itself does not sell dog meat. A staff member of the Tourism and Culture Bureau of Guiding County told the journalist, "Dog meat is a specialty dish in Panjiang Town, and there is a street full of dog meat restaurants there." When asked whether it is appropriate for a "pet-friendly" hotel to recommend dog meat, the staff member did not give a direct answer and suggested that the journalist report the issue to the local 12345 hotline.
According to an article on the official website of the People's Government of Guiding County on April 19, 2016, Panjiang dog meat has a long history, dating back to the Ming and Qing dynasties when it was regarded as a tonic. In recent decades, the dog meat industry in Panjiang has gradually taken shape and has become well-known both at home and abroad. At that time, there were 29 dog meat restaurants in Panjiang, which could receive more than 5,300 guests at one time. (Jimu News)
Apple officially claims that the "Lockdown Mode" has never been breached
Apple officially confirmed recently that since the launch of the Lockdown Mode in 2022, in nearly four years, there has not been a single case globally where an Apple device with this feature enabled has been successfully invaded by commercial spyware.
Apple spokesperson Sarah O'Rourke clearly stated: "We have never received any reports of Apple devices with the Lockdown Mode enabled being successfully attacked by commercial spyware." This is also Apple's second public confirmation of the effectiveness of this feature's protection capabilities since its launch.
After users actively enable this feature, the system will shrink the attack surface by significantly restricting functions, including blocking most types of information attachments, disabling complex web technologies, and intercepting the device's automatic connection to insecure Wi-Fi networks. The core goal is to resist attacks from state - level spyware developed by institutions. Since the launch of the feature, Apple has sent early - warning notices of suspected targeted attacks to users in more than 15 countries around the world. (Kuaikeji)
Hongguo Customer Service Responds to AI Short Drama Using Ordinary Person's Likeness Without Permission; Some Footage of Involved Character Replaced
Recently, a makeup artist blogger reported that the AI short drama "Peach Blossom Hairpin" on the Hongguo platform was suspected of using her ancient-style makeup look without authorization. The appearance, makeup, clothing, and accessories of a greedy and lustful villain in the drama were "exactly the same" as photos she had previously posted. The blogger stated that the relevant photos were only shared on Xiaohongshu and WeChat Moments and were not authorized for use in short dramas. By noon on March 31, the image of the involved character in Episode 12 of "Peach Blossom Hairpin" on the Hongguo platform had been replaced, but it still appeared in other episodes.
Hongguo's short drama customer service responded that they take the issue seriously, have recorded it, and will contact the relevant parties. They mentioned that some short dramas on Hongguo are produced by the platform, while others are uploaded by third parties. The account that posted the drama on Douyin is "Funny Anime Theater," and the affiliated company is Chengdu Weima Weila Culture Communication Co., Ltd.
The blogger shared comparison images, noting that the character in the drama was not only highly similar in appearance and clothing but was also portrayed as a "short, fat, idle, and lecherous" villain. The blogger demanded an apology from the production company and the removal of the infringing footage. Many netizens expressed anger over the unauthorized use of the portrait and malicious defamation. Some also voiced concerns about their personal photos being used in AI creations without permission. A query on the Hongguo App revealed that the drama had gained 40.54 million views. While the images of the involved character in Episodes 11 and 12 had been replaced, the content on other platforms remained unchanged. Hongguo's short drama officials responded via email that they had received the feedback and were verifying and addressing the issue. (China News Service, Yangtze Evening News)
Notice of Increase in Fuel Surcharge for Domestic Flights Withdrawn
Duocai Guizhou Airlines issued a notice to ticket agents on the afternoon of the 31st, stating that the fuel surcharge for domestic flights would increase five - fold on April 5th. Specifically, for flights of 800 kilometers (inclusive) or less, the surcharge would be raised from the current 10 yuan to 60 yuan, and for flights over 800 kilometers, it would be increased from the current 20 yuan to 120 yuan. Just now, reporters learned that the airline has sent another notice to agents, saying that due to the Civil Aviation Administration's withdrawal of the fuel information for April that had been released, the notice issued by the company in the afternoon is invalid. A new business notice will be issued after the authority issues a new notice. (Yicai Global)
The first "housing acquisition and replacement" model in Shanghai was signed to relieve the rental pressure on new urban residents and young people
On March 31, the first "housing acquisition and replacement" model in Shanghai was officially signed in Jing'an District. This signing marks a breakthrough in the market - oriented revitalization of existing housing and the efficient procurement of affordable rental housing in Jing'an District, providing a replicable and promotable pilot practice for the procurement of affordable rental housing and housing improvement in the whole city of Shanghai. It is reported that the "housing acquisition and replacement" pilot is not only a key measure for Jing'an District to improve the housing system of simultaneous rental and purchase, but also an innovative practice to revitalize existing assets and optimize the allocation of housing resources. By converting existing housing with good locations and convenient transportation into affordable rental housing, it can quickly relieve the rental pressure on new urban residents and young people, and significantly enhance the regional talent attraction and service capacity. (CCTV News)
Oracle Initiates Another Round of Layoffs, Affecting Thousands
According to two people familiar with the matter, software maker Oracle has begun informing employees that the company is conducting a new round of layoffs. The sources said that the layoff scale reaches thousands of people. Since the information involves confidentiality, the sources requested anonymity. As of May 2025, the company employed a total of 162,000 employees. (Sina Finance)
The three major U.S. stock indexes closed higher collectively, and NIO rose more than 9%
36Kr learned that at the close on March 31, the three major U.S. stock indexes rose collectively. The Dow Jones Industrial Average rose 2.49%, the Nasdaq Composite rose 3.83%, and the S&P 500 Index rose 2.91%. Large technology stocks generally rose. Arm rose more than 10%, Meta rose more than 6%, Google and NVIDIA rose more than 5%, Tesla rose more than 4%, Microsoft, Amazon, and Netflix rose more than 3%, and Apple rose more than 2%. Most popular Chinese concept stocks strengthened. NIO rose more than 9%, iQiyi rose more than 6%, Baidu and Bilibili rose more than 4%, Pinduoduo rose more than 3%, Alibaba, JD.com, and XPeng Motors rose more than 2%, and NetEase rose more than 1%; Tencent Music fell slightly.
The world's smallest QR code is developed, capable of storing data intact for hundreds of years
The Vienna University of Technology in Austria, in collaboration with the German data storage technology company Cerabyte, has successfully developed a QR code with an area of only 1.98 square micrometers. This QR code is smaller than most bacteria and can only be seen with the help of an electron microscope. It has been included in the Guinness World Records. Its storage density is also astonishing: more than 2 terabytes (TB) of data can be stored within the area of an A4 sheet of paper. More importantly, the QR code is engraved on a ceramic carrier, and the data can be stored intact for hundreds of years without continuous energy consumption, which is environmentally friendly.
Compared with modern data centers that consume a huge amount of electricity, ceramic storage does not require continuous energy input, significantly reducing the impact on the environment. In the future, the team plans to explore new materials and improve the writing speed to promote the technology from the laboratory to industrial applications. (Caixin and Science and Technology Daily)
It's reported that the iPhone 20 will feature an under - display camera, ultra - narrow bezels, and rounded corners
Phonefuturist posted a tweet on the X platform on March 30, revealing that Apple's 20th - anniversary model, the iPhone 20, will adopt ultra - narrow bezels with a thickness of only 1.1 millimeters and unique rounded edges, making the phone look like a seamless glass panel. In the tweet, the term "Frame" usually refers to the thickness of the frame/middle frame, which is generally related to the overall body thickness. However, based on the context here, it refers to the screen bezel, which means "the width of the black border around the screen". According to the source, to match the ultra - narrow bezels, the iPhone 20 will adopt a "true full - screen design" and be equipped with a four - curved waterfall screen. All four edges of the screen will naturally curve towards the middle frame of the phone body. The source said that this full - screen design faces huge technical challenges. Apple has to hide the front - facing camera under the screen panel, and the Face ID module also needs to be moved to the bottom of the screen.
However, recent supply - chain information shows that Apple has encountered obstacles in its research and development. Engineers find it difficult to ensure that light can perfectly penetrate the screen glass, and the recognition accuracy of the sensors in the under - screen environment still fails to meet the standards. The tech media Wccftech pointed out that there is still about 18 months until the mass production of this commemorative phone, and Apple's R & D team has sufficient time to solve these technical flaws. (Sina Tech)
Apple Responds to the Push of the Mainland China Version of AI: Not Officially Launched in Mainland China, but Noticed That Some Users Received the Push
Early in the morning on March 31st, some netizens posted on social platforms, claiming that the highly - anticipated mainland China version of Apple's intelligent service could now be activated and used. According to the posts of several digital bloggers, for mainland China version iPhone 15 Pro and above models, after the system is updated to iOS 26.4, there is a certain probability that the original "Siri" function will be upgraded to "Apple Intelligence and Siri", which means users can activate the mainland China version of Apple Intelligence that has been delayed for two years.
A reporter consulted an Apple support expert online. The staff member said that Apple Intelligence has not been officially launched in Mainland China. Regarding the push received by some users, Apple is aware of it and is conducting an investigation. As for questions such as the underlying model for access, the above - mentioned staff member said that since the relevant function has not been officially launched, there is no specific information available.
The reporter noticed that the currently updated mainland China Beta version of Apple Intelligence supports functions such as real - time translation, visual intelligence, photo object removal, collaboration tools, AI - generated emojis, and image creation. In addition, for mainland China version iPhone 16 and subsequent models with Apple Intelligence activated, users can directly call the visual recognition AI through the camera control button. (New Yellow River)
Moutai officially raises the ex-factory price, and some distributors in Shenzhen suspend shipments
On March 30, Moutai officially adjusted the price, and the sales contract price of 53% vol Feitian Moutai increased by 100 yuan per bottle. Reporters visited several offline stores in Shenzhen and found that some distributors had postponed shipments, and some products ordered from the manufacturer the previous day had not arrived at the stores. Many merchants admitted that currently, the price of Moutai fluctuates frequently, and the market changes almost every day. No one dares to hold inventory easily. Meanwhile, at the offline retail end, some stores have raised the selling price of relevant products by nearly 100 yuan. (CBN)
Domino's Pizza Appoints Nicola Frampton as CEO
Domino's Pizza Group issued a statement on March 31, saying that after a comprehensive selection process, it has officially appointed Nicola Frampton as the Chief Executive Officer. Frampton has served as the interim CEO since November 2025. (Jiemian News)
For overdue debts under 10,000 yuan settled within 31 days, the overdue record will no longer be shown on the credit report
To address the "credit dilemma" faced by the public and support individuals with damaged credit who actively repay their debts to rebuild their credit, and to boost the continuous economic recovery, the People's Bank of China introduced a "one-time credit repair policy" in December 2025. This policy will expire on March 31st. Eligible individuals (whose overdue debts occurred between 2020 and 2025 and with a single - amount debt ≤ 10,000 yuan) will have their overdue records in the credit system not displayed if they fully repay the debt on that day. Those with overdue and unsettled debts will miss this repair opportunity. Earlier, many banks have intensively issued reminders to urge borrowers to repay their debts as soon as possible. (CCTV Finance)
Toyota Plans to Join the Fuel Cell Joint Venture Cellcentric Formed by Daimler Truck and Volvo
On March 31, Toyota Motor Corporation announced that it plans to join the fuel cell joint venture Cellcentric formed by Daimler Truck and Volvo Group as an equal shareholder. (Yicai Global)
Korean Air to Implement Cost-Saving Measures in Response to Soaring Aviation Fuel Prices
On March 31, it was reported that Korean Air will implement cost-saving measures starting from April 1 to mitigate the impact of soaring aviation fuel costs. The airline said it is setting internal targets to cut expenses unrelated to flight operations. The report said this could include marketing and public relations costs. (Jiemian News)
South Korea's Duty - Free Shop Sales Declined in February
On March 31st, data released by the Korea Duty - Free Shop Association showed that the sales of duty - free shops in February this year were 962.4 billion won (equivalent to about 4.4 billion yuan), a 10.1% decline from the previous month and a 3.8% decrease year - on - year, showing an overall downward trend. Among them, the sales to foreign consumers were 704.7 billion won, a 7.7% year - on - year decline and a 10.4% decrease from the previous month. During the same period, the sales to domestic consumers were 257.6 billion won, a year - on - year increase of 8.7%. (Jiemian News)
A "Starlink" satellite of SpaceX is out of contact
SpaceX confirmed on March 30 that a satellite in its satellite internet system "Starlink" experienced an anomaly in orbit on the 29th and lost communication. The company and the "Starlink" mission team are investigating the cause of the incident and will continue to monitor the satellite and trackable debris. (Xinhua News Agency)
Samsung Electronics Announces Cancellation of Treasury Stocks Worth 145 Billion KRW
Samsung Electronics said on Tuesday that as part of a stock repurchase program aimed at enhancing shareholder value, the company plans to cancel treasury stocks worth 14.5 trillion KRW (approximately $9.5 billion). The company stated in a regulatory filing that approximately 73.3 million common shares and 13.6 million preferred shares will be cancelled on Thursday. The company said that this move follows the board's decisions to repurchase its own shares in February and July last year. (Sina Finance)
The Reserve Bank of Australia Announces the Cancellation of Surcharges on Card Payments Starting from October
Australia's central bank said on Tuesday that it will cancel the surcharges on debit and credit card payments for consumers starting from October 1st and gradually reduce the inter - bank fees paid by businesses. It is expected to save consumers and businesses approximately A$2.5 billion annually. (Sina Finance)
Nebius to Invest $10 Billion in Building an AI Data Center in Finland to Further Expand into the European Market
Nebius Group, an artificial intelligence infrastructure company, announced on Tuesday that it will build a new 310-megawatt data center in Finland to continue its rapid expansion in Europe. As the demand for artificial intelligence computing power continues to grow, the data center, valued at over $10 billion, will become one of the largest data centers in Europe. (Sina Finance)
Mitsubishi Materials to Invest in US Rare Earth Company ReElement Technologies
Japanese metal producer Mitsubishi Materials said on March 31 that it will acquire shares in US rare earth company ReElement Technologies and plans to cooperate with the latter through offtake and processing agreements. Mitsubishi Materials said that its shareholding accounts for only a small part of ReElement Technologies and did not disclose further details. (Jiemian News)
South Korean camera company expands from supplying iPhones to humanoid robots
South Korea's LG Innotek plans to accelerate its transformation, reduce its reliance on iPhone sales, and become a leading provider of AI and robot solutions. The company has started supplying camera modules to Boston Dynamics and plans to jointly develop robot components. The vision system is an important perception part in humanoid robots. Except for Tesla, other companies have adopted the multi-sensor fusion model. (Caixin Press)
The forefront of AI
NVDB of the Ministry of Industry and Information Technology Reminder: Guard Against Counterfeit OpenClaw Download Websites and Installation Files
36Kr learned that recently, the Network Security Threat and Vulnerability Information Sharing Platform (NVDB) of the Ministry of Industry and Information Technology detected that some attack organizations are taking advantage of the popularity of OpenClaw (commonly known as "Lobster") to create counterfeit OpenClaw download websites and installation files, luring users to download installation files containing malicious programs. Once users run the installation files with malicious programs, these files will stealthily load the malicious programs on the terminal devices, release and implant remote control Trojans, which may lead to consequences such as cyber - attacks, system compromise, and information leakage. It is recommended that users download and install OpenClaw and its skill plugins through trusted channels, be cautious when clicking on unknown links, and guard against the risks of cyber - attacks.
Anthropic accidentally leaked part of the internal source code of its code assistant Claude Code
Anthropic confirmed on Tuesday that there had been a partial leak of the internal source code of its popular artificial intelligence code assistant, Claude Code. A spokesperson for Anthropic said in a statement, "This incident did not involve or leak any sensitive customer data or credential information. It was a packaging issue during the release caused by human error, not a security breach. We are implementing relevant measures to prevent such situations from happening again." (Sina Finance)
Financial reports of large companies
MM is Busy: Total Profit and Comprehensive Income in 2025 Reached 2.329 Billion Yuan, a Year-on-Year Increase of 180.9%
36Kr learned that MM is Busy announced on the Hong Kong Stock Exchange that in 2025, it achieved revenues of 66.17 billion yuan, a year-on-year increase of 68.20%; the total profit and comprehensive income for the year was 2.329 billion yuan, a year-on-year increase of 180.9%.
MINISO: Total revenue reached 21.44 billion yuan in 2025, a year-on-year increase of 26.2%
36Kr learned that MINISO released its financial results for the year 2025. In 2025, the total revenue of MINISO Group was 21.44 billion yuan, a year-on-year increase of 26.2%; the gross profit was 9.65 billion yuan, a year-on-year increase of 26.3%, with a gross profit margin of 45.0%, a year-on-year increase of 0.1 percentage points; the adjusted net profit was 2.9 billion yuan, a year-on-year increase of 6.5%, and the adjusted net profit margin was 13.5%. In 2025, the global retail sales of MINISO Group were 37.1 billion yuan, and the total financial revenue was 21.44 billion yuan, a year-on-year increase of 26.2%. Among them, the revenue of the MINISO brand was 19.52 billion yuan, a year-on-year increase of 22.0%, and the revenue of the TOP TOY brand was 1.92 billion yuan, a year-on-year increase of 94.8%.
Lenovo Holdings: Net profit of 9.799 billion yuan in 2025, a year-on-year increase of 28%
36Kr learned that Lenovo Holdings released its performance report for 2025. The report shows that for the year ended December 31, 2025, the company's total revenue was 605.945 billion yuan, a year-on-year increase of 18%; the net profit attributable to the equity holders of the company for the year was 9.799 billion yuan, a year-on-year increase of 28%; the basic earnings per share were 0.45 yuan.
Digital China Holdings: Operating revenue reached RMB 21.015 billion in 2025, a 26% increase compared to the same period last year
36Kr learned that Digital China Holdings released its 2025 performance announcement. The report shows that during the period, the company's operating revenue was RMB 21.015 billion, a 26% increase compared to the same period last year; the net profit attributable to the parent company turned from a loss to a profit, changing from a loss of RMB 254 million in the same period last year to a profit of RMB 31.42 million. It is worth noting that the company disclosed the Non-IFRS (Non-International Financial Reporting Standards) indicators for the first time. Among them, the adjusted net profit increased from a loss of RMB 127 million in the same period last year to RMB 215 million; the adjusted EBITDA increased significantly from RMB 299 million in the same period last year to RMB 612 million, achieving a 104% doubling growth.
Investment and Financing
OpenAI Completes $122 Billion in Financing, Valued at $852 Billion
OpenAI has completed a round of financing transactions, raising $122 billion from investors at a valuation of $852 billion. This is the largest round of financing the company has ever had, which will support its high - cost investments in chips, data centers, and talent. (Sina Finance)
MOVA Ecosystem Company "Lingjie Qidian" Completes Tens of Millions in Financing
36Kr learned that recently, "Lingjie Qidian", an enterprise in the MO VA ecosystem, announced the completion of a new round of tens of millions in financing. The funds from this round will be mainly invested in three major directions: core technology research and development, expansion of the product matrix, and global channel layout.
“Bose Quantum” Completes RMB 1 Billion Series B Financing
36Kr learned that “Bose Quantum” has completed a RMB 1 billion Series B financing. This round of financing was jointly led by Beijing Financial Holdings, ICBC Capital, Chaoyang Shunxi, CMBC International, Shenzhen Investment Holdings, and Yida Capital. Turing Asset Management, Dingxing Quantum, Bofu Fund, Guangdong Science Investment, and Guangzhou Financial Holdings participated in the follow - on investment, and more than a dozen old shareholders made additional investments. This round of financing will be mainly invested in four key areas: technological breakthroughs, chip manufacturing processes, mass production, and ecological expansion.
"Yuansi Biopeptide" Completes $150 Million Series B Financing
36Kr learned that "Yuansi Biopeptide" announced the completion of a $150 million Series B financing. It was led by an international biotech fund, co - led by Decheng Capital and CDH VGC. The follow - on investors include a wholly - owned subsidiary of the Abu Dhabi Investment Authority (ADIA), Temasek's independently wholly - owned subsidiary Temasek Bright Capital, Qiming Venture Partners, Boyuan Capital, and well - known industrial investment institutions. Meanwhile, existing shareholders such as AstraZeneca, Lilly Asia Ventures, Sinovation Ventures, Wuyuan Capital, GL Ventures, Biotech Development Fund, and Lenovo Capital and Incubator Group continued to support the company. The funds will be mainly used to deepen the intelligent iteration of its self - developed macrocyclic peptide discovery platform Synova™ and accelerate the transformation of the company's diversified innovative drug pipeline into the clinical stage.
Cool Products
Joby Aviation's First Mass-Produced Electric Air Taxi Begins Test Flights
Joby Aviation said on Wednesday that its first mass-produced electric air taxi has begun flying. The aircraft will undergo certification tests by U.S. federal regulatory agencies to obtain a Type Inspection Authorization (TIA), which is an important milestone for the aircraft to obtain commercial operation certification. (Sina Finance)
MOVA Launches Two Smart Glasses
36Kr learned that MOVA's AI smart life business has released the Yaomu G2 AI glasses and the AR S8 AR glasses, officially entering the smart wearable device market.
Compiled | Yuting He