Krypton Evening Post | Prada Group's revenue increased by 16% in the first half of the year, and Miu Miu's growth rate slowed down significantly; Inspur Data released its self-developed AI data operating system
Large Companies:
Tuniu: A new round of passenger flow peak is expected to arrive in the early to mid-August
36Kr has learned that after entering August, students still have plenty of remaining time in their summer vacation, and the demands for parent-child tours, summer retreat tours, coastal and island tours and other travel categories continue to be released. A new round of passenger flow peak is expected to come in the early to mid-August. According to the latest booking data from Tuniu as of now, in the second half of the summer vacation, destinations including Shanghai, Beijing, Chengdu, Sanya, Guangzhou, Nanjing, Guiyang, Hangzhou, Chongqing and Qingdao are expected to become more popular choices for Tuniu's domestic travel users.
Prada Group's H1 revenue increases by 16% in the first half of the year, Miu Miu's growth rate slows down significantly
In the first half of 2026, Prada Group's revenue rose 16% year-on-year at constant exchange rates to 3.048 billion euros (approximately 23.7 billion yuan), with an organic growth of 5%, of which the growth rate in the second quarter was 7%. By brand, Prada's retail sales in the first half of the year increased by 3% year-on-year, and the growth rate climbed to 6% in the second quarter, mainly driven by comparable-caliber growth and full-price sales. Miu Miu's retail sales increased by 3% year-on-year, with the growth rate in the second quarter remaining flat with that in the first quarter. Compared with its 49% growth rate in the first half of last year, the growth rate has slowed down markedly. Versace, which was acquired by the group at the end of 2025, recorded a net revenue of 305 million euros in the first half of the year, and its performance development is in line with expectations. (Jiemian)
Yake Technology: The company's production and operation is in normal condition, and no major changes have taken place in its internal operating environment
36Kr learned from the announcement of Yake Technology that the cumulative deviation of the closing price decline of the company's stock trading over three consecutive trading days (July 29, 2026, July 30, 2026, July 31, 2026) has exceeded 20%, which falls into the category of abnormal stock trading fluctuation. The company has not found any undisclosed major information that has been reported by public media in the recent period and may or has produced a significant impact on the company's stock trading price. At present, the production and operation of the company is in normal state, and no major changes have occurred in its internal operating environment. After verification, there are no major matters that should be disclosed but have not been disclosed by the company, its controlling shareholders and actual controllers related to the company.
Vanke Elects Xu Enli as Chairman of the Board
On July 31, China Vanke held its first extraordinary general meeting of shareholders in 2026, and the proposal on the board of directors re-election was reviewed and approved. According to the announcement of the resolution from the first meeting of the new board of directors, Xu Enli was elected as the Chairman of the company, and Huang Yu was re-appointed as the President of the company. Vanke stated that Xu Enli has long been engaged in enterprise management, has years of deep experience in the real estate sector, and has served as the principal of public listed companies on both A-share and Hong Kong stock markets. The partnership of Xu Enli and President Huang Yu matches the corporate characteristics of Vanke and the requirements of the current situation, which is conducive to continuously promoting risk resolution and business development. (Securities Times)
Ant International: Its global account service has been adopted by more than half of China's medium and large game manufacturers
36Kr has learned that during the 2026 ChinaJoy event, Ant International announced that its global account service has been adopted by more than half of China's medium and large game manufacturers, including industry leaders such as Kuro Game, Perfect World and NetEase. Meanwhile, a large number of AI application enterprises, short drama platforms and small and medium-sized game development studios have also connected to this service. Relevant data from Ant International shows that the transaction volume of Chinese digital entertainment merchants expanding overseas has achieved rapid growth in the first half of 2026.
To build an "electronic fence" targeting "ghost takeaway": triple coordinate comparison of the business place specified in the license, the food production address for takeaway, and the rider's food pickup address
It was learned from the State Administration for Market Regulation on July 31 that to further eradicate the breeding ground for "ghost takeaway" from the source and prevent unqualified takeaway merchants from accessing online platforms, the State Administration for Market Regulation is actively promoting the application and popularization of electronic licenses in the governance of online catering food safety, which is equivalent to issuing an "electronic ID card" to every takeaway merchant. Takeaway platforms can automatically extract the business place information on the electronic business qualification certificate to build an "electronic fence", and carry out triple coordinate comparison with the food production address provided by the takeaway merchant and the actual food pickup address of the rider, to confirm that the takeaway merchant "truly exists", and effectively eliminate illegal order transferring problems such as entrusting others to process and produce food. (People's Daily)
Investment and Financing:
CoreChips Technology Raised Over USD 200 Million in Financing in the First Half of the Year
In the first half of 2026, CoreChips Technology, a provider of high-performance automotive-grade and industrial chip computing platforms, completed a financing of more than USD 200 million. A number of new shareholders including industrial capital and local state-owned assets participated in this round, while existing shareholders continued to make follow-on investments. The investors cover sectors including automotive semiconductors, smart transportation, industrial intelligence and AI chips. The funds raised will promote CoreChips to accelerate the global large-scale delivery of automotive chips, and support the development of edge-side intelligent computing platforms at the same time. At present, CoreChips Technology has released the 5nm AI cockpit and driving integrated chip "Dragon Eagle II", taking the lead in the layout of the edge-side central computing platform field.
"CAS Xinyang" Completes RMB 100 Million Level Financing
36Kr learned that "CAS Xinyang" has officially announced the completion of RMB 100 million level financing. This round of financing is led by industrial strategic investors, with Haiyuan Capital and Longgang Guidance Fund participating as co-investors. The funds raised in this round will be mainly invested in the construction of the synthetic biology platform, to further accelerate the development of multi-chassis cells and the product industrialization process, and complete the strategic layout of bulk bioproducts in the biomanufacturing sector. Eck Capital acted as the exclusive financial advisor for CAS Xinyang in this transaction.
New Products:
Xpeng, Agibot and other enterprises will take the lead in accessing Seedance 2.5
36Kr learned from Volcano Engine that the new-generation video generation model Seedance 2.5 was officially released today. Volcano Engine will launch API services for enterprise users in the near future. A number of enterprises including XCMG Group, Xpeng, Agibot, Lingchu Intelligence, Weifen Smart, Qiongche Intelligence, Xspark AI have reached cooperation intentions with Volcano Engine and will be the first batch of partners to access Seedance 2.5.
ByteDance Releases Video Generation Model Seedance 2.5
According to 36Kr, ByteDance has announced the official release of its new-generation video generation model Seedance 2.5. Seedance 2.5 is being successively launched on platforms including Jimeng AI and Doubao Pro, and its API service will also be available on Volcano Ark in the near future. According to information from Volcano Engine, on the release day of Seedance 2.5, a number of enterprises including XCMG Group, XPeng Motors, Lingchu Intelligence, Weifen Smart Flight and Qiongche Intelligence have confirmed cooperation, and will take the lead in introducing the capabilities of this model.
Inspur Data Releases Self-developed AI Data Operating System
36Kr learned that Inspur Data has officially announced the full upgrade of its corporate strategy, evolving from a traditional cloud computing and distributed storage service provider to an AI infrastructure service provider, and officially launched its self-developed AI data operating system. This system is a system software that manages the three-in-one resources of computing power, algorithms and data. Adopting the dual-architecture design of "data base + computing power engine", it features technologies such as innovative data-computing separation architecture, lock-free coroutine scheduling framework, and all-flash native layout algorithm, and is also equipped with full-time full-domain dynamic evolution architecture, multi-core multi-mode high-efficiency inference engine, and DesignRun full-process operating environment for agents.
Today's Viewpoint:
Four authorities: Strengthen related party transaction management, enhance identification of related parties, and standardize the review and disclosure of related party transactions
36Kr learned that four authorities including the State Administration of Financial Regulation have issued the Implementation Opinions on Improving the Governance of Financial Institutions. The Implementation Opinions put forward that the level of risk prevention and control should be improved. Promote financial institutions to establish and improve a comprehensive risk management system, improve and implement risk prevention and control mechanisms, continuously enhance capabilities in risk identification, analysis and judgment, assessment, measurement, monitoring, control and mitigation, prevent and resolve various hidden risks at the source, and handle all kinds of potential risks in accordance with the law and in a prudent manner, so as to realize full coverage of risk prevention and control for affiliated institutions, businesses and products. Strengthen related party transaction management, enhance identification of related parties, and standardize the review and disclosure of related party transactions. Improve the consolidated management of risks and capital.
Other newsworthy updates:
Ministry of Industry and Information Technology: The cumulative telecom business revenue in the first half of the year reached 887.3 billion yuan, down 2.1% year on year
36Kr learned that the Ministry of Industry and Information Technology released the economic operation performance of the communications industry in the first half of 2026. In the first half of the year, the cumulative telecom business revenue reached 887.3 billion yuan, with a year-on-year decrease of 2.1%. The total telecom business volume calculated at the constant price of the previous year increased by 7.7% year on year. The scale of mobile phone users has maintained steady growth, and 5G users have achieved rapid development. By the end of June, the total number of mobile phone users of the three basic telecom enterprises and China Broadnet reached 1.844 billion, representing a net increase of 17.04 million households compared with the end of last year. Among them, the number of 5G mobile phone users reached 1.288 billion, a net increase of 84.34 million households compared with the end of last year, accounting for 69.9% of the total mobile phone users. The construction of 5G networks continues to be deepened. By the end of June, the total number of 5G base stations reached 5.102 million, a net increase of 263,000 units compared with the end of last year, accounting for 39.1% of the total number of mobile base stations, and the proportion was 0.9 percentage points higher than that in the first quarter.
South Korea is reportedly considering easing labor regulatory requirements for its new semiconductor industrial cluster, and scrapping the 52-hour weekly working hour cap
According to informed officials disclosed on Friday, the South Korean government is evaluating relevant plans to significantly relax labor supervision requirements for the new semiconductor industrial cluster located in Gwangju in the southwest of the country, including loosening the existing 52-hour weekly working hour limit. In addition, the South Korean government is considering extending the calculation cycle of the flexible working hour system from the current 1 month to 6 months. (Sina Finance)