Krypton Evening News | China successfully launches 8 satellites including Jixing Gaofen 07C04; Xiaohongshu may be ready to submit its IPO application in Hong Kong this month; Zhipu AI: The company has launched its latest flagship model GLM-5.2

Large companies:

Alipay: The government affairs AI assistant "Xiaozheng" has provided over 100 million services

36Kr learned that Alipay has announced that its government affairs AI assistant "Xiaozheng" has provided over 100 million services in total. As of now, "Xiaozheng" services have covered 16,000 service items and successfully landed to assist more than 70 ministerial and provincial government affairs agencies. The business scenarios comprehensively cover people's livelihood fields such as provident funds, human resources and social security, public security, and real estate.

Xiaoyu Intelligence and Sweet Potato Robotics Officially Announce a Strategic Cooperation

36Kr learned that on June 12th, Xiaoyu Intelligence and Sweet Potato Robotics officially announced a strategic cooperation. The two parties will conduct in - depth collaboration around "Industrial Embodied Brain + High - computing Power at the Edge", promote the application of embodied intelligence technology from the laboratory to industrial production lines, jointly create high - performance software - hardware integrated solutions for industrial manufacturing, and help intelligent manufacturing enter a new stage.

Xiaohongshu May Be Ready to Submit IPO Application in Hong Kong This Month
It is reported that Xiaohongshu Technology Co., Ltd. is preparing to secretly submit an application for an initial public offering (IPO) in Hong Kong before the end of this month. (Sina Finance)

Responsible Person of Shenzhen Hema Changed
36Kr learned that Tianyancha App shows that recently, industrial and commercial changes have taken place in Shenzhen Hema Network Technology Co., Ltd. Jin Ou stepped down as the legal representative and director, and was succeeded by Liao Bangpeng. Shenzhen Hema Network Technology Co., Ltd. was established in June 2017 with a registered capital of 50 million US dollars. Its business scope includes technology development, technical consultation, and technical services in the professional field of computer networks. Shareholder information shows that the company is wholly owned by Hema (Hong Kong) Co., Ltd.

Is Alibaba's Cainiao going to be disbanded? The latest official response: "False, it's a pure rumor."

36Kr learned that in response to the online rumor that Alibaba's Cainiao might be disbanded, Cainiao responded: "False, it's a pure rumor."

SAIC Group and Others Invest in Embodied Intelligent Robot Company Xuanyi Dynamics
36Kr learned that Tianyancha App shows that recently, Shenzhen Xuanyi Dynamics Technology Co., Ltd. underwent industrial and commercial changes. New shareholders include Dongfang Seiko and Shanghai SAIC Chuangyuan Venture Capital Partnership (Limited Partnership) under SAIC Group. At the same time, the registered capital increased from approximately 57.778 million RMB to approximately 67.333 million RMB.

Yibin Global Group under Wuliangye Increases Capital to Approximately 880 Million

36Kr learned that Tianyancha App shows that recently, Sichuan Yibin Global Group Co., Ltd. has undergone industrial and commercial changes, with its registered capital increasing from approximately 840 million RMB to approximately 880 million RMB. The company was established in July 2004, with Liu Xing as its legal representative. Its business scope includes enterprise management, goods import and export, glass manufacturing, ordinary glass container manufacturing, daily-use glass product manufacturing, etc. It is wholly owned by Sichuan Yibin Wuliangye Group Co., Ltd.

Investment and Financing:

“Zhiyi Technology” Successfully Completes Hundreds of Millions of Yuan in Series A and Series A+ Rounds of Financing

36Kr learned that according to Zhiyi Technology, recently, “Zhiyi Technology” has successfully completed hundreds of millions of yuan in Series A and Series A+ rounds of financing. In the Series A round, the old shareholder Yijing Capital made an exclusive capital increase. The Series A+ round was led by Yida Capital, with strategic support from Biqiu Capital. Xiqiao Capital served as the financial advisor for this round.

"Jijia Shijie" Secures Another 1 Billion Yuan in Series B2 Financing

36Kr learned that according to Jijia Shijie, recently, the physical AGI company "Jijia Shijie" has secured another 1 billion yuan in Series B2 financing. This round of financing was jointly invested by global national team funds, industrial capitals, financial institutions, and state - owned platforms such as Singapore's cross - border investment institution Lion City Capital, China - Belgium Fund (Sino - Belgian Fund), CIC Investment, Wanxiang Qianchao, Fosun RZ Capital, Huagai Capital, Jinchuang Investment, Deyi Capital, Huacang Capital, Yuanshi Fund, etc. Multiple old shareholders such as Guozhong Capital, Fortune Capital, and Turing Asset Management continued to over - invest. This round of financing will be mainly used for the continuous investment in the "dual - pyramid" data and algorithm system, the R & D and iteration of the physical AGI basic model, and the large - scale implementation in C - end family scenarios and B - end industrial scenarios.

New Products:

Zhipu: The company has launched the latest generation of flagship model GLM-5.2

36Kr learned that Zhipu announced in the Hong Kong Stock Exchange that the board of directors is pleased to announce that the company has launched the latest generation of flagship model GLM-5.2. The model offers a long context of up to 1M and continues to lead in long-range tasks. It will be open-sourced under the MIT license. It is expected that this model will help increase the call volume of the company's subsequent open platform and API business.

Today's views:

Organization: Display panel demand in 2026 is downgraded, and shipments are expected to decline by 6%
36Kr learned that according to Omdia's long - term demand forecast tracking report for display panels, the global display panel market outlook has significantly deteriorated, and the demand forecast for 2026 has been significantly downgraded. Unit demand is expected to decline by 6% year - on - year, a significant downgrade from the previously predicted 2% decline. The growth rate of the demand for display panel area has also been downgraded from the previously expected 6% to only 1%.

Other news worthy of attention:

China Successfully Launches 8 Satellites, Including Jixing Gaofen 07C04 Satellite

China has successfully launched 8 satellites, including Jixing Gaofen 07C04 Satellite. (CCTV News)