Krypton Evening News | Elon Musk: FSD is the core driving force that boosts the demand for Tesla's vehicles; ByteDance has established a new technology company in Zhongwei with a registered capital of 2.2 billion RMB.
Large Companies:
Negotiations over the merger between Temasek's CapitaLand Investment and Mapletree are reportedly stalled
On July 23, according to reports, the merger negotiations between CapitaLand Investment and Mapletree Investment, two major real estate asset management firms backed by Temasek Holdings, have hit a stalemate, with the two sides having differences over issues including valuation. After months of discussions, the two parties have slowed down the advancement of the potential merger transaction, and other differences also cover issues such as the post-merger company's management arrangement, personnel adjustment plans, and underperformance of some businesses. However, the two sides may still resume negotiations in the future. (Jiemian)
Alibaba Cloud: The Zhenwu chip super node has been successfully adapted to Qwen3.8 and launched on Bailian to provide inference services
36Kr learned that on July 23, Alibaba Zhenwu M890 super node has been successfully adapted to Qwen3.8, and launched on the Alibaba Cloud Bailian platform to provide model inference services. This is the first super node in China that can successfully run large models with over 2 trillion parameters.
Nestlé's first-half sales reach 43.1 billion Swiss francs
36Kr learned that Nestlé Group has officially released its 2026 first-half performance financial report. In the first half of the year, Nestlé Group posted sales of 43.1 billion Swiss francs, with an actual internal growth rate of 1.5%, net profit of 3.5 billion Swiss francs, basic earnings per share (EPS) of 1.35 Swiss francs, and free cash flow of 3.4 billion Swiss francs.
Midea and Other Parties Take Equity Stakes in Junduo Robotics
36Kr learned from Tianyancha App that Suzhou Junduo Robotics Co., Ltd. recently underwent industrial and commercial registration changes, adding Midea Investment Co., Ltd., Meike Zhizhen (Suzhou) Venture Capital Partnership (Limited Partnership) and other entities as new shareholders. Meanwhile, its registered capital increased from about RMB 10.752 million to about RMB 12.354 million. Founded in January 2018, the company's legal representative is Jie Dangyang. Its business scope covers the R&D, manufacturing, sales, installation, leasing and maintenance of robots and automated equipment, and it is now jointly held by Jie Dangyang, Dong Yan and the aforementioned new shareholders.
ByteDance Establishes New Technology Company in Zhongwei with Registered Capital of RMB 2.2 Billion
36Kr learned from Tianyancha App that Zhongwei Saishang Mingsha Technology Co., Ltd. was recently founded. Its legal representative is Tian Kai, with a registered capital of RMB 2.2 billion. Its business scope covers information technology consulting services, software development, information system integration services, retail of computer software, hardware and auxiliary equipment, etc. Shareholder information shows that this company is wholly owned by Beijing ByteDance Network Technology Co., Ltd.
China Literature Launches Cultural and Creative AI Agents "Buddy Series"
36Kr learned that recently, China Literature Group has released the Buddy series of vertical AI agents for the cultural and creative industry, upgraded three products including the writer assistant NovelBuddy, comic and drama assistant DramaBuddy, and copyright assistant IPBuddy, forming an integrated AI tool matrix covering content creation, IP adaptation, and copyright development.
Ant Group's affiliated companies and other investors take stakes in Lexiang Intelligence
36Kr learned from Tianyancha App that Suzhou Lexiang Intelligent Technology Co., Ltd. has recently undergone industrial and commercial changes, adding Shanghai Yunyang Enterprise Management Consulting Co., Ltd. under Ant Group, Anhui Taiyun Investment Management Co., Ltd. and other entities as new shareholders. At the same time, its registered capital increased from approximately 1.965 million RMB to approximately 2.173 million RMB. Established in December 2024, the company takes Guo Renjie as its legal representative, with business scope covering R&D of intelligent robots, development of artificial intelligence application software and other related businesses. It is now jointly held by Guo Renjie, Suzhou Lingma Technology Partnership, the above-mentioned new shareholders and other stakeholders.
Investment and Financing:
"Lingshuo Intelligent" Raises Tens of Millions RMB in Additional Series A Financing
36Kr learned that "Lingshuo Intelligent" has announced the completion of additional Series A financing, with the additional investment amount reaching the tens of millions RMB level, jointly participated by Lushi Investment and Dynamic Balance Capital. Earlier, Lingshuo Intelligent had completed the Series A financing jointly participated by CSC Capital and Xi'an Financial Investment.
"Deeplore" recently completed tens of millions of yuan in seed round financing
36Kr learned that the underwater AI nature exploration technology company "Deeplore" has recently completed a seed round financing of tens of millions of yuan, co-invested by 5Y Capital and Shunwei Capital. The funds will be mainly used for expanding the R&D team and in-depth research of underwater AI technology, accelerating the launch and iteration of the first AI diving mask, and building the technical foundation of the intelligent platform for underwater nature exploration.
New Products:
Feishu Agent Product Feishu aily Upgraded, Supporting Autonomous Work and Team-shared Agents
36Kr learned that on July 23, the Agent product Feishu aily within Feishu has been fully upgraded. The new version of Feishu aily can work based on information including Feishu messages, documents, calendars, meetings, tasks and multidimensional spreadsheets within the scope of user authorization, proactively follow up on tasks, and cooperate with team members or other agents through division of labor.
Weimob Launches Internal Test for "Weimob Star Meta" AI-Native Product
36Kr has learned that Weimob WAI will soon be upgraded to "Weimob Star Meta", which is an AI-native intelligent operation system targeting the e-commerce retail track. The "AI-native" feature of Weimob Star Meta is reflected in two aspects: at the interaction level, it transforms from the traditional GUI graphical interface to LUI language interaction, allowing merchants to start business operations through natural language conversations; at the capability level, Weimob splits the industry know-how accumulated from serving thousands of retail brands into standardized, independently invocable and freely combinable Skill modules, so that the Agent is endowed with task decomposition and Skill scheduling capabilities, realizing the scenario of "Conversation Equals Operation".
Today's Viewpoint:
Elon Musk: FSD is the core driving force driving Tesla's vehicle demand
After market hours on Wednesday US Eastern Time, Tesla CEO Elon Musk stated at the earnings conference that the fundamental demand for Tesla remains strong, and FSD is the core driving force driving demand. "In regions where FSD Full Self-Driving has been approved for launch, the optional installation rate is extremely high. Many customers essentially purchase vehicles for FSD, which is equivalent to getting a free car when buying an FSD package. As FSD is successively approved in countries around the world, we expect similar explosive growth in demand across all regions, and the prospect of this business is very optimistic." (Sina Finance)
Other Noteworthy News:
U.S. Securities and Exchange Commission Approves New Rules, Nasdaq to Accelerate Delisting of Micro-cap Listed Companies
Nasdaq Inc. will revise its listing rules to speed up the delisting of enterprises with continuously deteriorating operating conditions. Previously, regulators have been continuously focusing on the frequent drastic price fluctuations and market manipulation allegations in the trading of micro-cap stocks. The U.S. Securities and Exchange Commission (SEC) approved a new rule on Wednesday: if the market value of the listed securities of a Nasdaq-listed company stays below 5 million US dollars for 30 consecutive days, the company's stock will be immediately suspended from trading and the delisting process will be initiated, with appeal channels greatly narrowed. This set of stricter listing standards is expected to fully impact the micro-cap stock and low-priced penny stock markets. (Sina Finance)