1 Kr at 8 o'clock | Xu Jiayin pleaded guilty and showed remorse in court during the first-instance trial; The traffic management department responded to the change of new energy vehicle license plates from green to white; Libulibu AI responded to the pornographic content generated.
Today's Hotspot Guide
Lululemon is being investigated in the US for potentially containing "forever chemicals".
The price of "fixed - price" gold products has dropped by up to 17% in the past week.
China will improve the drug price formation mechanism.
The 2.0 version of the tax - refund policy for outbound travelers is expected to be launched before the end of April.
Apple is ramping up efforts on the iPhone Fold.
Top 3 Big News
The First - Instance Trial of Evergrande Group, Evergrande Real Estate, and Xu Jiayin's Case
From April 13th to 14th, 2026, the Intermediate People's Court of Shenzhen City, Guangdong Province, publicly held a trial for the case. The defendant unit, Evergrande Group Co., Ltd., was charged with illegal absorption of public deposits, fundraising fraud, illegal issuance of loans, fraudulent issuance of securities, illegal disclosure of important information, and unit bribery. The defendant unit, Evergrande Real Estate Group Co., Ltd., was charged with fraudulent issuance of securities. The defendant, Xu Jiayin, was charged with illegal absorption of public deposits, fundraising fraud, illegal issuance of loans, illegal use of funds, fraudulent issuance of securities, illegal disclosure of important information, embezzlement of duty, and unit bribery. During the trial, the court presided over the prosecution and the defense in conducting court investigations and debates around the alleged facts. The defendant units and Xu Jiayin made their final statements. Xu Jiayin expressed his guilt and repentance in court. The court will pronounce the judgment at a later date. Some deputies to the National People's Congress, members of the Chinese People's Political Consultative Conference, relatives of the defendant, and representatives of fund - raising participants attended the trial as observers. (CCTV News)
Traffic management department responds to the change of new - energy vehicle license plates from green to white
Recently, some netizens posted videos on social platforms, saying that they were very curious after seeing vehicles on the road with motor vehicle license plates in white with black characters. By searching on social platforms, it was found that new - energy vehicle license plates in white with black characters have appeared in many places across the country. The publishers of relevant posts expressed their love for this style of license plates, believing that they look more high - end.
On April 13th, according to media reports from the traffic management department, artificially fading the license plates of new - energy motor vehicles is an act of defacing vehicle license plates, which is an illegal act. If citizens encounter such license plates, they can report them to the traffic management department. Article 11 of the Road Traffic Safety Law of the People's Republic of China clearly stipulates that motor vehicle license plates should be hung as required and kept clear and complete, and shall not be deliberately blocked or defaced. Article 95 states that those who deliberately block, deface or fail to install license plates as required will be given a warning or fined not less than 20 yuan but not more than 200 yuan in accordance with Article 90. (Yicai Global)
Libulibu AI Apologizes for Content Security Issues
On April 14th, Libulibu AI issued a statement regarding the strengthening of content security management: We have noticed and attached great importance to the recent media discussions on the security issues of AI - generated content. We immediately launched an internal special investigation and conducted a comprehensive self - inspection of the platform's generation capabilities and review mechanisms. After the investigation, it was found that in some boundary scenarios of individual complex combinations of prompt words and evasive expressions, the platform generated content that did not meet the specifications. We sincerely apologize for this. This incident has also sounded an alarm for us, making us clearly realize that there are still deficiencies in content security boundary recognition and mechanism improvement, and we have not reached the required standards. The relevant issues have been technically fixed immediately, and the risk paths have been comprehensively blocked. At the same time, we have also strengthened offensive and defensive drills and upgraded the review mechanism to continuously improve the recognition ability and disposal efficiency, and reduce risks from the source. We have also launched an internal responsibility review mechanism to further improve the relevant management and review processes. (Jiemian News)
Large Companies/ Major Events
BYD Responds to Fire in a Multi - level Parking Garage at Pingshan Campus: It's a Special Parking Area for Test and Scrapped Vehicles, Fire Extinguished, No Casualties
On April 14th, in response to the online rumor of a factory fire, BYD stated that "Early this morning, a fire broke out in a multi - level parking garage at our Pingshan campus. This garage is a special parking area for test and scrapped vehicles. Currently, the fire has been extinguished, and there are no casualties." Previously, the Pingshan District Fire and Rescue Bureau issued a statement saying that at 2:48 am on April 14th, 2026, a fire broke out in a multi - level parking garage in Maluanshan Street, Pingshan District. The emergency and fire departments at both the municipal and district levels rushed to the scene for disposal immediately. The fire has been extinguished, and there are no casualties. (The Paper)
Behind the sudden cancellation of a large number of "May Day" flights: The wave of flight cancellations due to high oil prices is spreading globally
Recently, many netizens have posted screenshots on social platforms showing that their pre - booked "May Day" holiday flights have been cancelled. Most of the cancelled flights are those bound for Southeast Asia and Oceania. Reporters learned from several airlines that the number of flights voluntarily cancelled has indeed increased since April, with Southeast Asia and Oceania being the major areas. This is closely related to the sharp rise in oil prices. Compared with domestic airports, the fuel prices at some international airports are higher. Coupled with the impact of demand and competition, some routes are the first to be cancelled. Such a situation is spreading in the global airline market and gradually changing the competitive landscape of the aviation industry and travelers' travel choices. (Yicai Global)
Lululemon Under Investigation in the US for Possible Presence of "Forever Chemicals"
According to a Reuters report, Ken Paxton, the Attorney General of Texas, USA, posted on social media platform X on April 13 local time, stating that an investigation has been launched into the sports and leisure brand Lululemon due to the possible presence of "forever chemicals" in its sportswear. Paxton said that this investigation will verify whether Lululemon's sportswear contains per - and polyfluoroalkyl substances (PFAS). In response, a Lululemon spokesperson said that the company is aware of the investigation and will cooperate. The Lululemon spokesperson responded, "The company does not use per - and polyfluoroalkyl substances in its products." The spokesperson added that previously, a small amount of this substance was only used in durable waterproof products, and the company completed the phase - out of it in the fiscal year 2023. (China News Service)
Surpassing 200,000 hours of human videos, BeingBeyond releases the next-generation embodied world model H0.7
BeingBeyond releases the new-generation embodied world model Being-H0.7, becoming the industry's first commercially available world model that can be deployed on the edge side. This model is based on the currently largest domestic dataset of 200,000 hours of human videos. It uses latent space reasoning instead of video generation and is deployed in real-time on the low-cost edge computing platform Orin NX with 75 TOPS for the first time. Being-H0.7 ranks first overall in 6 world-renowned evaluation lists (topping 4 of them). The company says that H0.7 has achieved cross-ontology migration and the ability to understand the physical world, and has currently established cooperative relationships with several domestic embodied ontology enterprises.
Is TCL Electronics Selling Its TV Manufacturing Business in India? Company Response: It Doesn't Hold the Asset
In response to the rumor that TCL Electronics plans to sell shares in its TV manufacturing division in India, a TCL Electronics representative responded on the 14th, saying, "The company does not own the assets mentioned in the previous reports." According to previous reports, TCL Electronics Holdings Limited is considering selling some of its shares in the local TV manufacturing division to Indian buyers to boost business growth. (Sina Tech)
The price of "fixed - price" gold products dropped by up to 17% in the past week
In the past week, the prices of "fixed - price" gold products from multiple brands have declined to varying degrees. On April 14, data released by a trading software showed that in the past week, the price fluctuations of "fixed - price" gold were mainly concentrated in gold accessories priced below 3,000 yuan, and there was no obvious change in gold accessories priced above 3,000 yuan yet. The market transaction price of Laofengxiang's lotus pendant (1g) dropped from a peak of 1,683 yuan to 1,398 yuan in the past week, a decrease of 285 yuan, or a 17% decline; the market transaction price of China National Gold's four - leaf clover pendant (0.3g) dropped from 579 yuan to 504 yuan, a decrease of 75 yuan, or a 13% decline; the market transaction price of China National Gold's little golden horse bracelet dropped from 876 yuan to 798 yuan, a decrease of 78 yuan, or a 9% decline.
In addition to fixed - price gold accessories, the prices of small gold beans, which are popular among young people for "collecting gold", have also declined to a certain extent. The market transaction price of Laofengxiang's gold beans (1g) dropped from 1,314 yuan to 1,195 yuan, a decrease of 119 yuan, or a 9% decline; the market transaction price of China National Gold's little golden pig (0.1g) dropped from 213 yuan to 169 yuan, a 21% decline. (Securities Times)
Law Enforcement Department: Hello Bikes to Be Punished if It Fails to Correct Excessive and Illegal Bike-sharing Placement
On April 13th, law enforcement officers rechecked the rectification situation and found that there were still a large number of unregistered bikes in areas such as Shengde Zique and Guijie Street in Dongcheng District. After investigation, it was determined that Hello Bikes had failed to place its bikes as required by the traffic administrative department and refused to make corrections, which violated relevant provisions of the "Regulations on the Management of Non-motor Vehicles in Beijing" and the "Interim Measures for the Supervision and Management of Internet-based Rental Bikes in Beijing". In response to Hello Bikes' failure to place bikes as required by the traffic administrative department and its refusal to make corrections, in accordance with Article 20, Paragraph 1 and Article 31 of the "Regulations on the Management of Non-motor Vehicles in Beijing" and the "Discretionary Benchmark for Transportation Administrative Penalties in Beijing", the General Team will impose administrative penalties on Hello Bikes in accordance with the law and reduce its operation scale. Currently, the case is being handled in accordance with legal procedures. (Jiemian News)
China to Improve the Drug Price Formation Mechanism
The General Office of the State Council issued the "Several Opinions on Improving the Drug Price Formation Mechanism" on April 14, proposing 14 measures. These include optimizing the initial pricing mechanism for newly launched drugs such as innovative drugs, giving play to the guiding role of the medical insurance payment standard in drug price formation, guiding pharmacies to reasonably set retail drug prices, and strengthening the supply guarantee and price stabilization of short - supply drugs. The opinions require strengthening drug price governance and put forward targeted measures such as implementing drug price risk early - warning, improving the drug price risk disposal system, preventing the impact of irrational bidding winning on supply, severely punishing illegal and irregular behaviors such as price hikes due to shortages in the production and operation of drugs and raw and auxiliary materials, strengthening full - chain penetrating audit and supervision in the medical field, and establishing a drug medical insurance value evaluation system to guide drug prices to operate within a reasonable range. (Xinhua News Agency)
The total box office in 2026 exceeded 12.5 billion yuan
According to data from online platforms, as of 12:08 on April 14th, the total box office (including pre-sales) of movies in 2026 exceeded 12.5 billion yuan. (Jiemian News)
As OpenAI Shifts Strategy, Its $852 Billion Valuation Faces Investor Doubts
Reports suggest that as OpenAI refocuses its strategy on the enterprise market and prepares to tackle competition from Anthropic, its staggering $852 billion valuation is under scrutiny from its own investors. Some OpenAI investors have revealed that despite the company's preparations for an initial public offering (IPO) as early as this year, the aforementioned strategic adjustment may leave it in a relatively vulnerable position when competing with Anthropic and a resurgent Google. (Jiemian News)
2.0 Version of Tax Refund for Overseas Visitors Expected to Be Launched Before the End of April
It was learned on April 14 during the 6th China International Consumer Products Expo that the 2.0 version of tax refund for overseas visitors is currently in the process of approval and is expected to be launched before the end of April. (China Securities Taurus)
First-quarter performance reports are being released one after another, with many industry leading companies making their appearances
According to statistics, on April 14, a total of 29 listed companies released announcements related to their first-quarter performance in 2026, including many industry leading companies. In terms of net profit scale, 16 companies had a net profit of over 100 million yuan. Four companies, namely Salt Lake Industry Co., Ltd., Shenhuo Co., Ltd., Kingsoft Office Software Co., Ltd., and Satellite Chemical Co., Ltd., all exceeded 2 billion yuan; Huadian Technology Co., Ltd. exceeded 1 billion yuan. In terms of changes in net profit, Kingsoft Office Software Co., Ltd. led with a year-on-year increase of up to 437.35%; Shenhuo Co., Ltd. and Yaxiang Integration Co., Ltd. had an increase of over 200%; Salt Lake Industry Co., Ltd., Jinhui Mining Co., Ltd., CSSC Defense Co., Ltd., and Northern Rare Earth Group High-Tech Co., Ltd. followed closely, with their first-quarter performance all achieving a year-on-year doubling growth. (Securities Times)
National Bureau of Statistics: The price of live pigs (external ternary) decreased by 4.2% month-on-month in early April
36Kr learned that according to the National Bureau of Statistics, the monitoring of the market prices of 50 important means of production in 9 major categories in the national circulation field shows that compared with the late March, the prices of 30 products increased, 18 decreased, and 2 remained flat in early April 2026. Among them, the price of live pigs (external ternary) was 9.1 yuan per kilogram, a month-on-month decrease of 4.2%.
Omdia: Rising storage costs drive up device prices, and the smartphone market in mainland China will decline slightly by 1% in 2026
36Kr learned that the latest research from Omdia shows that in the first quarter of 2026, due to the price increase of some brand products caused by rising costs, the overall market continued to show a downward trend. The smartphone market in mainland China decreased by 1% year-on-year, with shipments reaching 69.8 million units. Huawei ranked first with shipments of 13.9 million units, accounting for 20% of the market share. Apple ranked second with shipments of 13.1 million units, with a market share of 19%. OPPO shipped 11 million units in the first quarter after realme's return, ranking among the top three in the market. vivo shipped 10.5 million units, ranking fourth. Xiaomi shipped 8.7 million units, ranking fifth.
The three major U.S. stock indexes closed higher collectively, and the Nasdaq rose for ten consecutive trading days
36Kr learned that at the close on April 14, the three major U.S. stock indexes all rose. The Dow Jones Industrial Average rose 0.66%, the Nasdaq rose 1.96%, achieving ten consecutive trading days of gains, and the S&P 500 Index rose 1.18%. Large technology stocks generally rose. Meta rose more than 4%, and NVIDIA, Tesla, Google, and Amazon rose more than 3%. Microsoft rose more than 2%. Popular Chinese concept stocks strengthened collectively. iQiyi rose more than 11%, JD.com rose nearly 8%, Baidu rose more than 5%, and Alibaba, Bilibili, and XPeng Group rose more than 2%. Pinduoduo and NIO rose more than 1%.
Tesla's Push for Robotaxis Triggers Cash Flow Concerns, with Rising Expenses Straining Finances
Tesla has drawn significant attention as its foray into robotaxis and self-driving cars begins to put pressure on its cash flow, despite nearing a major milestone in its full self-driving program. Some analysts believe that Tesla's capital expenditure this year could exceed $20 billion, with some estimates even as high as $25 billion to $30 billion, depending on the company's growth targets. Such a level of investment is likely to lead to a decline in free cash flow. (Sina Finance)
Amazon may be close to reaching a deal to acquire GlobalStar in an effort to compete with Starlink
People familiar with the matter revealed that Amazon is close to reaching a deal to acquire GlobalStar in an effort to compete with Starlink. (Cailian Press)
The first batch of Apple's new affordable computer, the MacBook Neo, has sold out, and Apple is urgently placing a large number of additional orders with suppliers Hon Hai and Quanta.
Apple's new affordable computer, the MacBook Neo, has achieved early success in the consumer market. It is reported that the first batch of products has already sold out, prompting Apple to urgently place a large number of additional orders with suppliers Hon Hai and Quanta. The MacBook Neo has been available globally since March 11th. There are reports that the delivery time for this laptop, which is priced at $599 (starting at 4,599 yuan in China), has been extended to May. Apple has also raised its sales forecast for the MacBook Neo from 7 million units to 10 million units. Meanwhile, the inventory of the A18 Pro chip used in the MacBook Neo has become a key constraint on the production capacity of this laptop. (Cailian Press)
Apple Increases Investment in iPhone Fold
On April 14th, although the growth momentum of the foldable screen phone market has slowed down in recent years, it is reported that Apple has increased the panel inventory for its first foldable screen phone, the iPhone Fold, by 20%. (Sina Finance)
Oracle Accused of Targeting Employees with Stock Options in Recent Layoffs
According to reports, the recent large - scale layoffs by technology giant Oracle have sparked controversy. Former employees have accused the company of possibly using algorithms to deliberately target senior employees and high - performing talents who hold unexercised stock options during the layoff process. The reports indicate that after Oracle laid off approximately 30,000 employees on March 31st, a former security alert manager who had worked at the company for more than three decades posted on LinkedIn, saying that the layoffs seemed to follow an "algorithm" that specifically targeted senior individual contributors and middle - level managers, "especially those with unexercised stock options." This accusation has quickly raised external doubts about the fairness of Oracle's layoffs. (Sina Finance)
Iranian Media: Iran and the US May Return to Islamabad to Resume Negotiations
According to a report by Iran's Press TV on the 15th, the Iranian and US delegations may restart negotiations in Islamabad, the capital of Pakistan, later this week. The previous round of negotiations between Iran and the US failed to reach an agreement, and there were differences on multiple issues. (Xinhua News Agency)
US Energy Secretary: US energy prices will continue to rise until navigation in the Strait of Hormuz resumes
US Energy Secretary Chris Wright admitted on April 13 that US energy prices may continue to rise until "meaningful" vessel traffic resumes in the Strait of Hormuz. Chris Wright said that shipping in the Strait of Hormuz will resume within the next few weeks. (CCTV News)
NVIDIA Denies Rumors of "Negotiating to Acquire a Large PC Manufacturer"
On April 13 local time, there were reports that NVIDIA was seeking to acquire a large company, a move that would "reshape the landscape of the personal computer industry." The reports said that NVIDIA had been in negotiations for this deal for more than a year. In response, NVIDIA said that the reports were untrue and that it was not in talks to acquire any PC manufacturers. (Jiemian News)
KuaiKan Comic to Develop Multiple AI Applications, Involving AI Character Interaction, etc.
36Kr learned that on April 14th, KuaiKan Comic is internally promoting not just one app, but a product matrix composed of multiple apps centered around AI capabilities. This AI application matrix may cover multiple user needs and usage scenarios, involving dimensions such as AI character interaction, open world, and cross - dimensional companionship.
Google Announces $10 Million in Grants to Help 40,000 Manufacturing Workers Master AI Skills
On April 13 local time, Google announced a $10 million grant to support the American Institute of Manufacturing in helping the U.S. workforce embrace a new era of industrial innovation. This funding will enable 40,000 current and future manufacturing workers to master AI skills and expand apprenticeship training opportunities to 15 regions across the United States. (Jiemian News)
SpaceX's Starlink business revenue may grow by 50% to $11.4 billion in 2025
It is reported that the latest financial data of Elon Musk's SpaceX shows that the revenue of the Starlink business will grow by 50% to $11.4 billion in 2025. However, the other two businesses of SpaceX - rocket launches and artificial intelligence - have failed to generate sufficient growth to convince investors to pay for the astonishing valuation that Musk is seeking. (Jiemian News)
Going public in progress
Nuclea Energy
Nuclea Energy, which is dedicated to developing nuclear micro - reactors for the off - grid market and data centers, filed an application with the U.S. Securities and Exchange Commission on April 13, planning to raise up to $50 million through an initial public offering (IPO). Nuclea Energy's core product is the "Morpheus Micro - reactor", a transportable, factory - prefabricated nuclear reactor with a sealed core. It is specifically designed for scenarios such as remote Arctic regions and indigenous communities in Canada, mining and resource extraction, data centers and critical infrastructure, national defense and national security. Currently, the company is still in the development stage and has not generated any revenue. (Sina Finance)
UFactory
36Kr learned that the China Securities Regulatory Commission (CSRC) website disclosed that the IPO counseling status of Shenzhen UFactory Technology Co., Ltd. (referred to as "UFactory") has recently been changed to "counseling acceptance." Previously, UFactory filed for counseling registration with the Shenzhen Securities Regulatory Bureau on December 30, 2025, planning to conduct an initial public offering (IPO) and list on the Shenzhen Stock Exchange. The counseling brokerage is Guotai Haitong Securities.
The Cutting - Edge of AI
Seedance 2.0 Fully Opens API Services
36Kr learned that ByteDance's Volcengine has officially launched the Seedance 2.0 series of API services. It is reported that Seedance 2.0 supports four types of input: text, images, audio, and video. Volcengine has established portrait and copyright safety standards for Seedance 2.0, covering all modalities involved in video generation and the entire process before and after creation.
MiniMax Agent Desktop Update: New Pocket Feature Added, Supporting Integration with Feishu, WeChat, etc.
36Kr learned that MiniMax has released two updates for the MiniMax Agent desktop version: The Pocket feature is launched (Beta version), supporting integration with mainstream IM communication software such as Feishu, WeChat, WeCom, and Slack; The Computer Use feature is launched, allowing the Agent to view the screen, operate the mouse and keyboard like a human, and directly operate software on the user's computer.
Meituan Launches AI Product "Xiaotuan Health Butler"
36Kr learned that on April 14th, at the Wuzhen Health Conference, Meituan officially launched the AI product "Xiaotuan Health Butler" focusing on family health management and a new paid membership service called "Health Card". The former provides basic services such as asking about illnesses and medications, and health consultations. It also supports family health record management and intelligent interpretation of medical examination reports. Users can jump to online medicine purchases, online medical consultations, or make appointments for offline medical treatment during the conversation. The "Health Card" offers cash - back services for purchasing over a thousand types of medicines, including more than 300 original research drugs.
Novo Nordisk Announces Strategic Partnership with OpenAI
Novo Nordisk announced on April 14 that it has established a strategic partnership with OpenAI. This collaboration will leverage advanced artificial intelligence capabilities to analyze complex data sets, screen potential drug candidates, and shorten the cycle from basic research to benefiting patients. (Jiemian News)
Microsoft Plans to Develop New Features for Copilot to Compete with OpenClaw
It is reported that Microsoft is developing a series of new features for its AI assistant Copilot, aiming to make it closer to OpenClaw. Microsoft said that the company is currently "exploring the potential of technologies such as OpenClaw in enterprise application scenarios." These new features include introducing an "always-on" team of intelligent agents within Microsoft 365 applications. (Jiemian News)
Financial Reports of Big Companies
LVMH Group's Revenue Drops 6% in Q1
LVMH Group's revenue in the first quarter of 2026 was 19.121 billion euros (equivalent to approximately 153.7 billion Chinese yuan), a 6% year - on - year decline, with organic revenue growing by 1%. The group mentioned that it saw robust organic revenue growth in China, Asia, and the United States, while the Middle East market was severely affected by the ongoing conflicts there, dragging down the group's organic revenue by 1% in the first quarter. By division, fashion and leather goods, which account for nearly 50% of the revenue, declined by 9% year - on - year, with organic revenue decreasing by 2%. The remaining divisions, in order of size, are luxury retail, jewelry and watches, perfumes and cosmetics, and wines and spirits, with year - on - year declines of 3%, 2%, 6%, and 2% respectively, and organic revenue growth of 4%, 7%, 0%, and 5% respectively. (Jiemian News)
Shentong Express: Net profit of 1.369 billion yuan in 2025, a year-on-year increase of 31.63%
36Kr learned that Shentong Express released its performance report. In 2025, it achieved a total operating income of 55.586 billion yuan, a year-on-year increase of 17.84%; the net profit attributable to shareholders of the listed company was 1.369 billion yuan, a year-on-year increase of 31.63%; the basic earnings per share was 0.92 yuan.
BP Releases Q1 Trading Update: Outstanding Oil Trading Performance, Expected Increase in Net Debt
On April 14, BP released its trading update report for the first quarter of 2026. The report shows that BP expects the oil trading results in the first quarter to be "outstanding." Financially, due to a significant expected increase in working capital of between $4 billion and $7 billion, the company expects its net debt as of the end of the first quarter to rise from $22 billion at the end of 2025 to a range of $25 billion to $27 billion. (Jiemian News)
Yanjing Beer: Net profit reached 1.679 billion yuan in 2025, a year-on-year increase of 59.06%
36Kr learned that Yanjing Beer disclosed its annual report. In 2025, it achieved an operating income of 15.333 billion yuan, a year-on-year increase of 4.54%; the net profit attributable to shareholders of the listed company was 1.679 billion yuan, a year-on-year increase of 59.06%; the basic earnings per share was 0.596 yuan. The company plans to distribute a cash dividend of 2 yuan (tax included) for every 10 shares.
Ordos: Net profit of 2.363 billion yuan in 2025, a year-on-year increase of 27.93%
36Kr learned that Ordos disclosed its annual report. In 2025, it achieved an operating income of 25.741 billion yuan, a year-on-year decrease of 9.37%; the net profit attributable to shareholders of the listed company was 2.363 billion yuan, a year-on-year increase of 27.93%; the basic earnings per share was 0.84 yuan. The company plans to distribute a cash dividend of 7 yuan (including tax) for every 10 shares.
Investment and Financing
CREAO AI Completes Tens of Millions of US Dollars in Financing
36Kr learned that according to Prosperity7, CREAO AI has completed tens of millions of US dollars in financing. The leading investors are the diversified venture capital fund Prosperity7 Ventures under Aramco Ventures and Matrix Partners. The company has also received continued investment from previous investors, including Yunqi Partners, Lishi Capital, Hillhouse Capital Ventures, Sequoia Capital China, and Huaye Tiancheng Capital. In less than a year, CREAO AI has accumulated more than $30 million in financing.
"BlueDot Touch" Completes Over 100 Million Yuan Series C+ Round of Financing
36Kr learned that "BlueDot Touch" recently announced the completion of a Series C+ round of financing exceeding 100 million yuan, jointly invested by institutions such as Puquan Capital under CATL, Zhipu Robotics, Galaxy General, Opt, and Galaxy Yuanhui. This is the third round of financing exceeding 100 million yuan completed by BlueDot Touch within nearly a year.
"Pangbot" Completes Nearly 200 Million Yuan in Series A Rounds of Financing
36Kr learned that "Pangbot" has completed a series of Series A financing rounds, with a cumulative amount of nearly 200 million yuan in three rounds. Leading institutions such as Shenqi Capital, Mingshi Venture Capital, BlueRun Ventures, Jinqiu Fund, and Huachuang Capital participated in the investment, and Gaohe Capital served as the exclusive financial advisor. This financing will be used for the company's product technology iteration and to accelerate the promotion of the global brand and market layout.
Cool Products
Gaode's First Embodied Robot to Make Debut
It is learned from Gaode that Gaode's first embodied robot product will make its public debut at the 2026 Yizhuang Robot Half - Marathon. This product comes from Gaode's Embodied Business Department. It is a quadruped robot and is the first embodied robot product launched by Alibaba Group. This robot will complete a series of task challenges through autonomous perception, decision - making and interaction in the open environment at the competition site. (Shanghai Securities News)
Renault Korea Plans to Launch New Models Annually by 2029
It is reported that Renault Korea plans to launch new models every year by 2029 and start producing the next - generation electric vehicles in Busan from 2028. (Caixin Press)
Youdao Dictionary Pen A7S Officially Launched
36Kr learned that on the 14th, NetEase Youdao officially launched the Youdao Dictionary Pen A7S, with a first - release price of 349 yuan. The Youdao Dictionary Pen A7S integrates model clusters such as Doubao, Qianwen, DeepSeek, and Ziyue, allowing users to freely switch according to reasoning or language scenarios.
Amazon's Satellite Internet Project Leo Unveils Aviation Antenna
On April 13 local time, Amazon launched the Leo aviation antenna specially designed for commercial aviation. This antenna utilizes the low - Earth - orbit satellite network and can provide a download speed of up to 1 Gbps and an upload speed of 400 Mbps, which is sufficient to support all passengers on the plane to simultaneously engage in 4K video streaming, gaming, or collaborative work. Currently, Amazon has reached cooperation agreements with Delta Air Lines and JetBlue Airways. (Jiemian News)
Key Events by 36Kr
The short - video column of "Krypton Big Events" offers a vivid interpretation of major events in the business world. How crazy can AI be to protect its "accomplices"?
A Small Survey on the "Enrichment Methods" of Young People
Enrichment is a term in zoo academia. Originally, it refers to zoos enriching the environment to help captive animals get rid of monotony and depression and reduce stereotyped behaviors. Nowadays, more and more people are using this term on themselves. These "self - enrichment measures for humans" include but are not limited to: making a breakfast carefully; taking a road they've never walked on; visiting a food joint alone; chatting with a vegetable vendor about the prices of vegetables...
These tangible small things might be a form of spiritual self - rescue for young people. Have you ever broken the repetitive and boring normal life through some minor changes, making you feel safe, fulfilled, and refreshed again, and regaining control of your life? Scan the QR code below and share your "Enrichment Tips".
A Small Survey on the "Enrichment Methods" of Young People
Compiled | Kris