Krypton Evening News | Unitree Technology Releases Manned Mech, Investors Respond; JD.com: Q1 Revenue Reached 315.7 Billion Yuan; Japan's Engel's Coefficient Reached the Highest Level Since 1980, Up 4.9% Year-on-Year
Large companies:
JD.com: Revenue in the First Quarter Reached 315.7 Billion Yuan, a Year-on-Year Increase of 4.9%
36Kr learned that JD.com released its financial report for the first quarter of 2026. The revenue in the first quarter was 315.7 billion yuan, a year-on-year increase of 4.9%. The net profit attributable to the parent company under Non-GAAP was 7.4 billion yuan. The operating profit margin of JD Retail increased to 5.6%, and the operating profit reached a record high. As of the first quarter, the number of annual active users of JD.com exceeded 740 million, and the number of quarterly active users achieved double-digit year-on-year growth for 10 consecutive quarters. The R & D investment of the JD.com system increased by 59% year-on-year in the first quarter.
ASUS' revenue in the first quarter was NT$208.37 billion
ASUS' revenue in the first quarter was NT$208.37 billion, with an estimated NT$200.13 billion; the operating profit was NT$11.9 billion. (Caixin Press)
Unitree Technology Releases Manned Mech, Investor Responds
On May 12th, Unitree released the GD01 manned transformable mech GD01, priced from 3.9 million yuan. Wang Xingxing, the founder of Unitree, personally boarded the mech's cockpit and demonstrated a live operation. According to the official introduction, this product is the world's first mass - produced manned mech, which can transform and is a civilian vehicle. It weighs about 500 kg (after carrying a person). Zhao Nan, an early investor in Unitree, said: Unitree has been exploring along its technology tree roadmap. The core of the mech robot is to showcase Unitree's superiority in core robot technologies such as sensors, controllers, and engineering capabilities to the world through an easily accessible scenario. Different from other companies, the market - breaking nature of Unitree's products themselves is the engine of marketing. (Yicai Global)
JD Health: Revenue Reached 19.467 Billion Yuan in Q1, a 17% Year-on-Year Increase
36Kr learned that JD Health announced in the Hong Kong Stock Exchange that its revenue in the first quarter of 2026 was 19.467 billion yuan, a 17% year-on-year increase; the operating profit was 1.825 billion yuan, a 70.4% year-on-year increase.
JD Logistics: Revenue Reached 60.58 Billion Yuan in Q1, a 29% Year-on-Year Increase
36Kr learned that JD Logistics announced in the Hong Kong Stock Exchange that its revenue in the first quarter was 60.58 billion yuan, a 29% year-on-year increase; the profit during the period was 860 million yuan, a 41.6% year-on-year increase.
Tencent Music: Adjusted net profit in Q1 was 2.33 billion yuan, a year-on-year increase of 4.8%
36Kr learned that Tencent Music announced its unaudited financial results for the first quarter ended March 31, 2026. The total revenue in the first quarter was 7.90 billion yuan, a year-on-year increase of 7.3%; the adjusted net profit was 2.33 billion yuan, a year-on-year increase of 4.8%; the adjusted EBITDA was 2.83 billion yuan, a year-on-year increase of 10.5%. The revenue from music-related services increased by 12.2% year-on-year to 6.51 billion yuan this quarter. Among them, the revenue from music-related membership services reached 4.57 billion yuan, a year-on-year increase of 6.6%; the revenue from music-related non-membership services grew particularly strongly, increasing by 28.0% year-on-year to 1.94 billion yuan.
ZhiYuan Robotics Launches "Hong Kong Embodied Intelligence Industry Co-creation Plan", Aims to Achieve "One, Ten, Hundred, Thousand, Ten Thousand" Goals in the Next Five Years
36Kr learned that at the First Hong Kong Embodied Intelligence Industry Summit and ZhiYuan APC2026 (Hong Kong), ZhiYuan Robotics, together with representatives from the Hong Kong government, industry, academia, scientific research, and the financial sector, officially launched the "Hong Kong Embodied Intelligence Industry Co-creation Plan". This plan focuses on five major directions: application scenarios, innovation and entrepreneurship, industry-university-research cooperation, talent cultivation, and international cooperation. It aims to help the Hong Kong embodied intelligence industry achieve the "one, ten, hundred, thousand, ten thousand" goals in the next five years: establish several joint industry-research laboratories, nurture dozens of embodied intelligence innovation enterprises, develop hundreds of industrial partners, drive the coordinated development of the industrial chain, application scenarios, and innovation forces, accelerate the integration of embodied intelligence with real business needs, and promote the Chinese embodied intelligence industry to go global.
Microsoft's revenue - share payments to OpenAI are currently capped at $38 billion
It is reported that Microsoft's revenue - share payments to OpenAI are currently capped at $38 billion. In the latest cooperation deal with Microsoft, OpenAI will save a total of $97 billion by 2030. (Caixin Press)
Investment and financing:
Wang Teng's AI Sleep Company Secures New Round of Financing with Support from Multiple Capital Sources
36Kr learned that according to the Aiqicha APP, recently, Wang Teng's sleep health company, Today's Good Rest, has completed a new round of financing. In this round, CMC Capital, Yunjiu Capital, Junli Capital, Honghui Fund, and Hillhouse Venture Capital have been introduced. In January this year, the company had already completed a seed - round financing with a total scale of several million yuan, and the investors included Zhipu AI, Hillhouse Venture Capital, etc. Beijing Today's Good Rest Technology Co., Ltd. was established in January 2026, with a registered capital of approximately 1.1086 million yuan. The legal representative is Wang Teng. Its business scope includes health consultation services, artificial intelligence application software development, artificial intelligence basic software development, etc. It is jointly held by Wang Teng, Shanghai Lingzhi New - Creation Venture Capital Partnership (Limited Partnership), Zhipu Innovation (Shanghai) Technology Co., Ltd., ST Sleepeasy, etc.
New Products:
Google Says It Has Discovered for the First Time Hackers Using AI to Develop "Zero-Day" Vulnerability Attack Tools
Security researchers at Google, a subsidiary of Alphabet Inc., said they believe a cybercriminal gang used artificial intelligence to develop a hacking tool that can bypass the defense mechanisms in a software widely used to manage computer systems. According to a report released on Monday, the plot was foiled after Google alerted the tool's developer. The report said this is the first time Google's threat intelligence team has discovered hackers using AI-generated "zero-day" vulnerabilities in this way. A zero-day vulnerability refers to a defect that the developer is not yet aware of, leaving the defenders no time to patch the vulnerability before it is exploited. (Sina Finance)
Alibaba Launches AI Store Assistant, with an Average Inquiry-to-Order Conversion Rate Increase of Over 10%
36Kr learned that on May 11th, Alibaba launched a brand - new AI Store Assistant, which is the first customer service agent in the e - commerce industry with pre - sales and after - sales service capabilities. Measured data shows that after merchants connect to the AI Store Assistant, the average rate of transferring to human customer service drops by 45%, and the conversion effect of the "AI + human" collaboration is over 10% higher than that of pure human customer service.
Today's Viewpoint:
Tencent's Zhang Jun: WeChat's "visitor function" is locked and will not be developed or provided
36Kr learned that Zhang Jun, the public relations director of Tencent, posted on Weibo, saying, "The function of testing the number of viewers on a small scale (not specific to individuals) has been misunderstood. But this is our responsibility. As far as I remember, everyone has repeatedly stated that they don't want the read status function and the visitor function. Here, I'd like to emphasize again: These two functions are locked and will not be developed or provided. As for the function of displaying the number of viewers of WeChat status in this small - scale test, it has also been stopped."
CITIC Securities: Policies are favorable in multiple dimensions. It is recommended to pay attention to the left-side layout opportunities in the consumer medical sector.
36Kr learned that a research report from CITIC Securities stated that recently, the policy side has encouraged the development of consumer medical care in multiple dimensions. Based on the intensive policy statements, CITIC Securities believes that the consumer medical track has long-term potential, with high latent demand and broad development space. At the same time, the valuation of the current consumer medical sector is at the bottom of the past five years. With the favorable policy orientation and the recovery of corporate operations, the allocation value of the sector is prominent. In the first quarter of 2026, leading companies demonstrated strong performance. It is recommended to pay attention to the left-side layout opportunities in the consumer medical sector. The consumer medical sector is at an inflection point of marginal improvement. Benefiting from the favorable policies in multiple dimensions and the low valuation, the investment benefits of the sector are significant and the allocation value is prominent. The consumer medical industry is maintained at an "outperform the market" rating.
Other news worthy of attention:
Japan's Engel's coefficient reaches the highest level since 1980
Data released by Japan's Ministry of Internal Affairs and Communications on the 12th showed that the "Engel's coefficient," which reflects the proportion of food expenditure in household consumption expenditure, reached 28.8% in fiscal year 2025, hitting the highest level since fiscal year 1980. (CCTV News)
Next-generation Mars helicopter rotor speed breaks the sound barrier
According to the latest report on the official website of the National Aeronautics and Space Administration (NASA), the United States has completed a key test of the next-generation Mars helicopter rotor. The tip speed of its blades reached 1.08 Mach (1 Mach is equal to the speed of sound) in a simulated Martian atmospheric environment, breaking the sound barrier. This will lay the foundation for future Mars aircraft to carry heavier scientific instruments and payloads and conduct low-altitude exploration. (Caixin Press)