8点1氪丨长鑫科技中签号出炉：共约770.22万个；西班牙1-0战胜阿根廷，夺得本届世界杯冠军；月之暗面有望最快6个月内赴港上市
Today's Headline Guide
Ren Zeping's team responds to the disbandment of the VIP group chat
The State Administration for Market Regulation releases the "Guidelines for the Application of Credit Information of Individual Industrial and Commercial Households"
The price of "Industrial Vitamin" has skyrocketed, with ferromolybdenum jumping up by 1,500 yuan in a single day
Jensen Huang's leather jacket was auctioned for a sky-high price of 960,000 US dollars
South Korea promises to ease access to the Korean won and strive to achieve the goal of a "freely convertible currency"
TOP 3 Major News
CXMT's IPO Allotment Results Announced: Approximately 7.7022 Million Winning Numbers in Total
36Kr learned that CXMT has disclosed the online winning results for its initial public offering of shares, with a total of 7,702,207 winning allotment numbers. Each winning number is eligible to subscribe for 500 A-shares of CXMT.
CXMT's IPO allotment results announced
Spain beat Argentina 1-0 to win the FIFA World Cup trophy
On July 20, Beijing time, the 2026 FIFA World Cup in the United States, Canada and Mexico reached its final showdown. In regular time, Spain and Argentina drew 0-0. In extra time, Ferran Torres' goal secured Spain's 1-0 victory over Argentina, claiming the World Cup title. This marks Spain's return to the top of the world football stage after a 16-year gap.
In the first half, the two sides were deadlocked at 0-0: Argentina registered zero shots, while Spain notched 3 shots with 2 on target. In stoppage time of regular play, Argentine player Fernandez was shown his second yellow card of the match, resulting in a red card dismissal. As neither side scored in regular time, the match went into extra time. Early in the first half of extra time, a Spanish goal from an attacking combination was ruled out for a prior foul. In the 106th minute, Spanish player Ferran Torres scored with a powerful strike. At the final whistle, Spain defeated Argentina 1-0 and lifted the 2026 FIFA World Cup trophy. (CCTV News)
MoonShot is expected to go public in Hong Kong as soon as within 6 months
36Kr has learned that MoonShot has notified its investors to restructure the company and prepare for a Hong Kong IPO, with the listing expected to be completed as soon as within 6 months. On July 16, MoonShot released Kimi K3, the world's largest open-source model in terms of parameter scale, which outperformed Claude Fable 5 and GPT-5.6 So on Code Arena.
Tracking WAIC
The First Nubia NaviX Ultra Equipped with Doubao Mobile Assistant Unveiled at WAIC
On July 19, the world's first AI agent smartphone Nubia NaviX Ultra equipped with the Doubao mobile assistant was officially unveiled during WAIC. Ni Fei, Senior Vice President of ZTE Corporation and President of Nubia, stated in an interview with a reporter from CLSA that Doubao boasts leading large model and intelligent agent capabilities, while Nubia has long-term accumulated strengths in software, hardware, product engineering, quality management, distribution channels and user services. From the M153 to the current NaviX Ultra, the collaboration between the two parties is about to complete a full cycle of technical verification and product iteration. (CLSA)
The World Artificial Intelligence Cooperation Organization Will Focus on Three Key Areas of Work in the Future
The signing ceremony of the Agreement on the Establishment of the World Artificial Intelligence Cooperation Organization was held in Shanghai on the 16th, with 29 countries from Asia, Africa, Latin America and Europe signing the agreement on-site to become founding members. Reporters learned from relevant sources that this marks an important phased progress in China's initiative to promote the establishment of the World Artificial Intelligence Cooperation Organization. In the next stage, China will work with the founding members of the cooperation organization to promote the organization to start operations as soon as possible. Going forward, the cooperation organization will focus on three key areas of work. First, prioritize strengthening international cooperation on AI capacity building, through policy exchanges, technical collaboration, personnel training, joint research and other approaches, to improve the accessibility of AI technologies and services, continuously unlock the dividends of intelligent development, and ensure that developing countries can benefit equally from the new wave of intelligent transformation. Second, on the basis of conducting communication and dialogue, building policy consensus, and sharing best practices, the organization will effectively leverage its role as a platform for matching supply and demand, promote in-depth integration and mutual complementarity of advantageous resources across all countries, advance the "AI +" initiative in light of each country's national conditions, strengthen scientific and technological as well as industrial cooperation, encourage the joint development of open-source ecosystems, and deliver a batch of pragmatic cooperation outcomes that are down-to-earth and accessible to all. Third, the organization is committed to firmly upholding the purposes and principles of the UN Charter, supporting the UN in playing a better role, implementing the Global Digital Compact and the UN Sustainable Development Goals, and promoting the building of a just and equitable global governance system in the field of artificial intelligence. (Xinhua News Agency)
The First Global Whitepaper on AI Agent for B2B Payments Released
On July 18, at the 2026 World Artificial Intelligence Conference (WAIC) site, global payments and treasury management platform Sunrate, and global payment technology company Mastercard, officially jointly released the in-depth industry whitepaper "Beyond Automation: Defining Agentic Global Payments for B2B".
This is the first authoritative report in the global payments industry that systematically explains how "Agentic AI" reshapes the entire B2B cross-border payment process. It clearly points out that cross-border payments are leaping from the "digitalization and datafication" phase to the third stage — Autonomy, where AI agents with reasoning and planning capabilities autonomously orchestrate and optimize end-to-end enterprise payment and treasury operations after authorization, providing a practical paradigm for the B2B industry to use AI to break through cross-border payment pain points. (Jiemian News)
Multiple AI safety governance outcomes are collectively released in Shanghai
On the morning of July 19, during the 2026 World Artificial Intelligence Conference, the Frontier AI and Agent Safety Forum was held in Shanghai. More than 20 top global experts and decision-makers gathered at the scene, collectively releasing multiple influential reports and outcomes in the field of AI safety, and conducting in-depth discussions on cutting-edge artificial intelligence risk management and global industrial governance. The forum focuses on three core themes: "Frontier AI Risk Monitoring", "Agent Out-of-Control Risks and Emergency Management", and "Frontier AI Risk Management and Global Perspectives". It arranges multiple keynote speeches and roundtable dialogs, bringing together senior practitioners from relevant UN agencies, leading domestic and foreign artificial intelligence enterprises, and internationally authoritative think tanks, as well as top experts from domestic scientific research institutes, to unblock the communication channel between technical practice and policy research. Five landmark research outcomes were launched collectively at the forum site, covering technical tools, classification specifications, emergency plans, and industry panorama assessment, to build a complete artificial intelligence safety management system. (CCTV News)
Baidu Yijing Unveils Digital Human Video Podcast Solution at WAIC, Achieving Breakthrough in Digital Human Micro-Expression Technology
36Kr learned that on July 17, during the World Artificial Intelligence Conference (WAIC), Baidu Yijing officially launched its digital human video podcast solution on-site. This technology achieves a major breakthrough in digital human micro-expression rendering, enabling natural interjection behaviors and professional film-level audio-visual presentation capabilities. The solution addresses long-standing industry pain points including high costs of real-person interview production, stiff facial expressions of traditional digital humans, disjointed multi-party dialogue experiences, and distorted modal stitching results, which will promote the industrialized mass production of in-depth interview content powered by digital humans. Actual test data shows that this digital human podcast solution reduces production costs by 74%, enhances content expressiveness by 785%, increases average viewing duration by 29%, and delivers overall character naturalness that outperforms mainstream models available on the market.
AI Non-Invasive Diagnosis Rate for the "King of Cancers" Exceeds 90%
The 2026 World Artificial Intelligence Conference and the High-Level Meeting on Global AI Governance was held in Shanghai. At the themed forum "AI Empowers a New Paradigm for Life Health", Liu Yingbin, Director of the Shanghai Cancer Institute from China, shared his experience of applying artificial intelligence to the diagnosis and treatment of biliary and pancreatic tumors.
Gallbladder cancer and pancreatic cancer are known as the "King of Cancers" due to their hidden early symptoms, rapid progression, and extremely high mortality rate. Many patients are already in the advanced stage when diagnosed. Even top-tier doctors can rarely secure a 10-year survival period for their patients. Early screening and early diagnosis are the key to extending survival time. The intervention of AI has greatly enhanced the combined diagnostic performance of pre-operative plain CT scan and liquid biopsy, pushing the non-invasive diagnosis rate of gallbladder cancer up to 92%. Liu Yingbin stated: "After artificial intelligence penetrates into the medical field, it has fundamentally transformed the diagnosis and treatment paradigms of malignant tumors. (CCTV Finance)
AI Cutting-Edge Frontiers
Alibaba's latest large language model Qwen 3.8 is coming, the official version is expected to be open-sourced soon
36Kr learned that on July 19, Alibaba's latest large language model Qwen 3.8 will be released and open-sourced. At present, the Qwen3.8-Max preview version has been launched on Alibaba Cloud Token Plan, Qoder and QoderWork first, allowing users to experience the capabilities of this new model in advance. The official version of Qwen3.8-Max will be launched and open-sourced in the near future.
Major Companies / Key Events
IKEA China to Sell 8 Stores in a Concentrated Transaction
According to reports, IKEA China is selling off idle stores located in eight cities in a concentrated manner. A reporter from Beijing Daily Client learned from JLL, a commercial real estate services and investment management firm, that the firm has obtained an exclusive sales mandate from Ingka Group, IKEA's parent company, to sell IKEA's self-owned idle properties located in eight cities: Shanghai, Guangzhou, Tianjin, Harbin, Nantong, Xuzhou, Guiyang and Ningbo, as a whole. This marks the largest concentrated disposal of self-owned assets in IKEA's nearly 30-year history of entering the Chinese market, reflecting the home furnishing retail giant's comprehensive strategic restructuring in the Chinese market. (Beijing Daily)
Moon's Dark Side Kimi Team: Computing Power Shortage, New Membership Signups Temporarily Suspended
According to 36Kr, on July 19th, Moon's Dark Side Kimi released a statement regarding the computing power shortage and the temporary suspension of new membership signups. Over the past 48 hours, the volume of user requests has far exceeded forecasts and is approaching the load limit of the existing cluster. To guarantee the service experience for existing subscribed users, the Kimi team has decided to suspend new C-end user subscriptions effective immediately, allocating all available computing power to serving existing subscribers to ensure all their legitimate rights and interests remain unaffected. The team is also advancing computing power expansion at full speed. As new computing resources are deployed sequentially, more subscription slots will be gradually opened until full normal subscription operations are restored. For future new subscribers, the Kimi team will separate Kimi's core benefits (including Kimi Web, Kimi APP, Kimi Work) from Kimi Code benefits, to enable more precise computing power allocation and ensure a high-quality user experience.
Multiple commonly used apps exposed for setting loan traps
According to investigations, some apps induce users to borrow money by offering discounts and other benefits. Some consumers reported that upon opening Douyin Pay, they immediately received a ¥6 instant discount coupon for purchases using the monthly payment service. When a reporter ordered takeout on Meituan, the checkout page showed that using Meituan Pay could save 1 cent and return a ¥5 takeout coupon. On iQIYI's "Xiaoya Loan", it was advertised that a 1-month iQIYI Gold VIP membership would be given as a gift; at the entrance of Mango TV's "Mang Hao Loan", the phrase "free membership" was directly marked. Before consumers even step into the lending arena, they are already surrounded and targeted by loan marketing advertisements. Packaging loans — a financial decision that should be made with great caution — into a casual, one-tap operation in daily apps, virtually weakens the due prudence that consumers should exercise. (Chinanews.com)
Ren Zeping's Team Responds to Dissolution of VIP Group Chats
A widely circulated chat screenshot in investment circles recently shows that someone in Ren Zeping's paid group lashed out at him for "having no bottom line for membership fees". The investor stated that he followed Ren Zeping's market judgment of a "tech bull market", went all-in and bought Demingli and Jiangbolong with margin financing, only to face a margin call and lose over 10 million yuan, claiming his "entire life is ruined". The circulated screenshot shows the involved group was named "Zeping Macro VIP Group 30" with 494 members in total. Later, sources revealed that Ren Zeping's team had disbanded all groups to avoid negative public sentiment amid market declines.
On July 16, the WeChat official account "Zeping Macro" published "Nine Pieces of Advice for Stock Investors", seemingly responding to the circulated screenshot. The article emphasized that "the market has its ups and downs, with its own rules, charm, but also cruelty"; "Investing with idle funds is a key principle, do not use leverage, and do not invest with borrowed money". In the following two days, this official account successively released multiple articles on "do not add leverage". It mentioned that "recently we have heard of individual cases where people paid a painful price for using leverage. Due to personal privacy concerns, it is difficult to verify the full context and actual situation described by that individual". It stated that this situation is completely contrary to our long-emphasized risk warning principle of "no leverage, no stock investment with debt", and is poles apart from our advocacy.
The official account page shows that the annual fee for Zeping Macro VIP membership is 2980 yuan, including 100 video courses, 2 internal live broadcasts per month, priority access to offline events, and other benefits. The subscription notes mention that in compliance with regulatory requirements, no stock recommendations are involved in the entire courses; the membership is not suitable for people who prefer fast-in fast-out short-term operations or have low risk resistance. This week, Ren Zeping's team has disbanded all VIP group chats. (Yicai)
2026 Annual Total Box Office Exceeds 20 Billion
According to data from online platforms, as of July 19, the 2026 annual overall box office (including advance sales) has surpassed 20 billion, with *Pegasus 3*, *Love Letter to Grandma*, and *Blade of the Guardians: Wind Rises Over the Desert* temporarily ranking top three on the box office chart.
SAMR Releases Guidelines for the Application of Credit Information of Individual Industrial and Commercial Households
36Kr learned that the State Administration for Market Regulation (SAMR) has issued the recommended national standard Guidelines for the Application of Credit Information of Individual Industrial and Commercial Households, clarifying the content of credit information for individual industrial and commercial households and their main application scenarios.
Six-Month Performance Check for IPO-Queue Brokerages: Dongguan Securities' H1 Net Profit Surges Over 70%
36Kr learned via Brokerage China that Dongguan Securities, currently in the IPO queue, has taken the lead in releasing positive performance news. Recently, Jinlong Co., Ltd. disclosed Dongguan Securities' unaudited first-half performance, showing that the firm has maintained steady performance growth since the start of this year, with a net profit of 820 million RMB marking a year-on-year increase of over 70%. This performance growth of Dongguan Securities has also provided critical support for its shareholder Jinlong Co., Ltd. to turn its non-recurring net profit from loss to profit. There are currently 4 brokerages in the IPO queue, namely Dongguan Securities, Caixin Securities, Hualong Securities, and Bohai Securities.
"Industrial Vitamin" Price Surges, Ferromolybdenum Jumps 1,500 Yuan in a Single Day
Molybdenum is known as the "industrial vitamin" and is widely used in steel metallurgy, high-end equipment, new energy and other fields. China ranks first globally in molybdenum ore reserves. In the first half of this year, the domestic molybdenum market continued to strengthen. The manager of the Smelting Branch of China Molybdenum Co., Ltd. China Region introduced: "Currently, this bag weighs one ton, and its price on July 14 was 332,000 yuan. On July 13, the price was 330,500 yuan, marking a 1,500-yuan increase in just one day." The product that rose by 1,500 yuan per ton in a single day is ferromolybdenum, which is produced by smelting and processing molybdenum concentrate. As an alloy additive, it is supplied in large quantities to special steel enterprises. The cumulative increase in ferromolybdenum prices in the first half of the year has approached 30%. Industry insiders pointed out that the core reason for the continued price surge lies in the structural pattern of tight supply in the molybdenum market. In addition, technological iterations in emerging tracks such as new displays, perovskite photovoltaics, and semiconductors have opened up entirely new incremental space for the molybdenum industry, driving the molybdenum market to upgrade from industrial rigid demand to the high-end new materials sector. (CCTV Finance)
China's 100-Billion-Yuan Designer Toy Track Is on the Horizon
According to incomplete statistics, there are currently over 36,000 enterprises related to designer toys in China. The emerging occupation of "designer toy designer" is also gaining increasing popularity among young people. To cultivate reserve talent for the industry, some designer toy enterprises have launched "school-enterprise cooperation open courses" with art academies. In addition to the technical background and competence requirements of the students' own majors, the courses also cover applied capabilities related to AI technology. Data shows that the market size of China's IP designer toy consumption is expected to exceed 1 trillion yuan in 2027, and reach nearly 1.3 trillion yuan in 2029. In the future, the designer toy industry will generate a large number of job demands. (CCTV Finance)
USD deposit interest rates change in July, foreign banks launch limited-time rate hikes
Since July, some foreign-funded banks have launched limited-time high-yield USD time deposit campaigns, generally raising USD deposit interest rates across all maturities, with the annualized interest rate of some products reaching 4%. In contrast, the USD deposit interest rates of large state-owned banks, national joint-stock banks, and urban commercial banks have not been adjusted recently. Industry experts remind investors to reasonably control the allocation ratio in line with their actual capital usage needs. (China Securities Taurus)
Zhuang Dan, President of Yangtze Optical Fibre and Cable: Demand for Polarization-Maintaining Optical Fiber to Grow by 10x or Even 20x in Next One to Two Years
On July 18, Zhuang Dan, Executive Director and President of Yangtze Optical Fibre and Cable, stated at the "Photonic Computing and Optical Interconnection: A New Dual-Driven Paradigm for AI Infrastructure Forum" hosted by Lightelligence during the 2026 World Artificial Intelligence Conference, that the global optical fiber market demand has shifted from telecom-driven to intelligent computing center-driven. It is projected that by 2030, the global FTTx (Fiber to the x) market will register a 2.47% compound annual growth rate (CAGR), while the CAGR for intelligent computing centers will reach 20.74%. "With its exceptional stability, polarization-maintaining optical fiber is emerging as the optimal connection medium for the CPO silicon photonics era," Zhuang Dan noted. He also predicted that driven by the new generation of high-performance CPUs and silicon photonic optical components, the demand for polarization-maintaining optical fiber will surge by 10 times or even 20 times in the next 1 to 2 years. (The Paper)
JAC Motors: 1.5467 million Shares Repurchased, With Total Funds Used Reaching 34.9948 Million Yuan
36Kr learned that on July 19, JAC Motors issued an announcement stating that the company intends to use its own funds to repurchase the company's shares through centralized bidding transactions. All the shares repurchased this time will be fully cancelled to reduce the company's registered capital. The total amount of funds for this share repurchase shall be no less than 50 million yuan (inclusive) and no more than 100 million yuan (inclusive), the repurchase price shall not exceed 64 yuan per share (inclusive), and the final number of repurchased shares and their proportion in the company's total share capital shall be subject to the actual repurchase situation of the company. The repurchase implementation period shall not exceed 3 months from the date when the repurchase plan is reviewed and approved at the company's first extraordinary general meeting in 2026. As of July 17, 2026, the company has cumulatively repurchased 1.5467 million shares, accounting for 0.07% of the company's total share capital. The repurchase price range is from 21.4 yuan per share to 23.37 yuan per share, with a total of 34.9948 million yuan of funds used (excluding transaction fees).
Jensen Huang's Leather Jacket Sold for a Staggering $960,000
According to US media reports on the 17th local time, an iconic leather jacket belonging to Jensen Huang, CEO of NVIDIA, was auctioned for $960,000 (equivalent to approximately 6.513 million yuan at the current exchange rate). The final transaction price reached 16 times the highest pre-auction estimate, and all proceeds will be donated to charity programs. (Jinan Times)
Iranian Foreign Ministry: Memorandum of Understanding Does Not Allow the U.S. to Open an Independent Parallel Route in the Strait of Hormuz
On local time July 18, the Iranian Foreign Ministry stated that Article 5 of the Iran-U.S. Memorandum of Understanding prohibits the United States from opening an independent parallel route in the Strait of Hormuz. The Iran-U.S. Memorandum of Understanding is based on mutual commitments between the two countries. As long as the United States fulfills its commitments, Iran will abide by its own commitments. (CCTV News)
SK Chey Tae-won: Semiconductor Demand to Rise at Least 50% Next Year
On July 19, Chey Tae-won, Chairman of SK Group and Chairman of the Korea Chamber of Commerce and Industry, stated at a media roundtable held during the Jeju Forum that global semiconductor demand will see substantial growth next year. Demand in the artificial intelligence (AI) sector is projected to increase by 60% to 100% compared to this year, and overall demand for semiconductor products will also rise by at least 50% to 60%. However, new supply next year will be nearly zero, and the supply-demand gap is likely to widen further. Chey Tae-won predicted that following energy and power equipment, material supply and facility construction could become new bottlenecks restricting industrial development. He noted that with the growth of the AI industry, shortages may emerge for electrical wires and related materials, prices of related products have already risen, and submarine cables are also in short supply. Since construction specifications change every one to two years, construction difficulty is also increasing. (The Paper)
South Korea Pledges to Ease Access to Korean Won, Aims to Achieve "Freely Convertible Currency" Status
According to reports, South Korea's Ministry of Economy and Finance announced on July 19 that it will step up efforts to improve access to the Korean won, with the goal of developing it into a "freely convertible currency". The ministry unveiled a roadmap for the internationalization of the Korean won, which refers to creating an environment where foreigners can access or use the currency outside South Korea without any obstacles. The ministry stated: "To realize the internationalization of the Korean won, we need to establish a sound offshore Korean won trading and settlement system, and eliminate institutional restrictions." The South Korean government pointed out that advancing the internationalization of the Korean won is crucial given the country's strong economic fundamentals and the continuous development of its capital market system. (CLS)
Apple Raises Prices of Some iPhone Models in Japan
Due to the depreciation of the Japanese yen coupled with a sharp surge in semiconductor prices, the U.S. company Apple raised the prices of iPhones in Japan on the 17th. Among the models, the higher-priced iPhone 17 Pro Max saw its price increase from 194,800 yen to 214,800 yen, marking a 20,000-yen (approximately 834.6 yuan) hike, representing a roughly 10.3% price increase. Industry analysis suggests that Apple may have adjusted the prices of its products in response to exchange rate fluctuations. Against the backdrop of a widespread pullback in the U.S. stock market's technology sector, Apple's share price has recently trended upward against the general market movement, pushing the company's market capitalization to 4.9 trillion U.S. dollars. During trading on the 17th, the company's market value briefly surpassed that of NVIDIA, reclaiming the top spot in global market capitalization. (CCTV Finance)
Ongoing Listing Process
One-Thousandth GEM IPO Review Terminated
On July 18, according to the disclosure on the Shenzhen Stock Exchange website, due to the withdrawal of the issuance and listing application by Shenzhen Qianfenyi Intelligent Technology Co., Ltd. and its sponsor, the Shenzhen Stock Exchange decided to terminate the review of its initial public offering of shares and listing on the Growth Enterprise Market. (Jiemian News)
Beijing Zhuoli Laser Technology Co., Ltd. has its STAR Market IPO review status updated to "Inquired"
According to the official website of the Shanghai Stock Exchange, on July 18, the STAR Market IPO review status of Beijing Zhuoli Laser Technology Co., Ltd. was changed to "Inquired". (JIEMIAN News)
Large Corporations' Financial Reports
Feilihua: H1 2026 Net Profit Expected to Rise 21.78%-39.82% YoY
36Kr learned that Feilihua announced that its net profit attributable to shareholders of the listed company for the first half of 2026 is expected to be between 270 million yuan and 310 million yuan, representing a year-on-year increase of 21.78% to 39.82%. The performance change is mainly driven by the improved prosperity of the global semiconductor industry. The company seized the opportunities of domestic substitution, achieving steady revenue growth in its semiconductor segment. Meanwhile, the demand for quartz electronic fabric testing increased, generating 150 million yuan in sales revenue during the reporting period. Note: The company's Q2 net profit is estimated to be 126 million to 166 million yuan, compared with 144 million yuan in Q1. Based on this calculation, the Q2 net profit is expected to change by -12% to 15% quarter-on-quarter.
Eoptolink: H1 Net Profit Forecasted to Rise 78%-103% YoY, Driven by Sustained Growth in AI-Related Computing Power Investment and Optimized Product Mix
36Kr learned that Eoptolink announced that its net profit attributable to shareholders of the listed company for the 2026 half-year period is expected to be between 7.00 billion yuan and 8.00 billion yuan, representing a year-on-year increase of 77.56% to 102.93%. The performance change is mainly driven by the continuous growth of artificial intelligence-related computing power investment and the optimization of product structure, leading to a substantial increase in the company's sales revenue and net profit compared with the same period of the previous year. Financial Note: The company's Q2 net profit is estimated to be 4.22 billion yuan to 5.22 billion yuan, and the Q1 net profit was 2.78 billion yuan. Based on this calculation, the Q2 net profit is expected to increase by 51% to 87% quarter-on-quarter.
SF-Diamond: H1 2026 Net Profit Expected to Rise 36.24%-77.11% Year-on-Year
36Kr learned that SF-Diamond announced that its net profit attributable to shareholders of the listed company for the first half of 2026 is expected to range from RMB 72.5023 million to RMB 94.2529 million, representing a year-on-year growth of 36.24% to 77.11%. The performance change is mainly driven by the steady overall business development of the company, with simultaneous growth in operating revenue and profit. The CVD diamond business segment of its subsidiary has achieved rapid growth and become a new performance driver, while the company has continuously promoted cost reduction and efficiency improvement. Note: The company's Q2 net profit is estimated to be between RMB 30 million and RMB 51 million, compared to its Q1 net profit of RMB 43 million. Based on this calculation, the Q2 net profit is expected to change by -31% to 19% quarter-on-quarter.
ThunderSoft: H1 2026 Net Profit Expected to Rise 50%-55% YoY
ThunderSoft announced that its net profit attributable to shareholders of the listed company for the first half of 2026 is expected to range from 238 million yuan to 246 million yuan, representing a year-on-year increase of 50% to 55%. The performance change is mainly driven by the company's adherence to its globalization and AIOS strategies, active expansion of global business, and deepened application of AIOS technologies, leading to an expected year-on-year revenue growth of over 30%. Note: The company's Q2 net profit is projected to be between 135 million yuan and 143 million yuan, compared to the 102 million yuan net profit recorded in Q1. Based on these figures, Q2 net profit is expected to see a sequential growth of 32% to 39%.
Cool Products
SenseTime Launches Flagship SenseNova U1 Pro
36Kr learned that on July 18, SenseTime officially launched its flagship large model SenseNova U1 Pro (hereinafter referred to as U1 Pro). Positioned as a delivery-grade native multimodal agent foundation for long-horizon tasks, U1 Pro achieves deep unification of understanding, generation, and action. Built on its native unified architecture and through in-depth iterations in the field of visual creation, U1 Pro is now equipped with "delivery-grade" complex image creation capabilities.
NetEase Youdao Unveils AI Headset OpenPods at WAIC Debut Exhibition
On July 18, 2026, at the site of the World Artificial Intelligence Conference (WAIC) 2026, NetEase Youdao publicly showcased the Youdao OpenPods for the first time. This device supports real-time simultaneous interpretation across over a dozen languages, and is equipped with functions including audio recording transcription, automatic generation of structured meeting minutes, and mind mapping. It is reported that this headset has entered formal mass production, and is scheduled to be officially launched and unveiled in August. Youdao stated that OpenPods will enter overseas markets in the future. (Jiemian News)
Edited by｜Baby Bok Choy