Krypton Evening News | DJI has won a key procedural victory in its lawsuit against the U.S. Department of Defense, and the U.S. market still remains highly dependent on DJI's drones; Goldman Sachs says the market's forecasts for the Federal Reserve's interest rate hikes are still overly aggressive.

Large Companies:

Super Info Tech: Net profit in the first half of the year hit 51.7253 million yuan, down 28.25% year on year
36 Kr learned that Super Info Tech disclosed its semi-annual report, achieving an operating revenue of 565 million yuan in the first half of 2026, down 64.92% year on year; the net profit attributable to shareholders of the listed company was 51.7253 million yuan, down 28.25% year on year; the basic earnings per share was 0.33 yuan.

Guoquan: Revenue reached 3.947 billion yuan in the first half of the year, representing a 21.8% year-on-year growth
36Kr learned that Guoquan released its semi-annual report, achieving a revenue of 3.947 billion yuan in the first half of 2026, up 21.8% year on year; net profit stood at 213 million yuan, with a 12.1% year-on-year increase; core operating profit hit 225 million yuan, rising 18.3% compared with the same period of last year.

Geely Auto's Gui Shengyue Responds to Management Adjustment: Moving from Founder-driven to a Mature Stage Driven by System and Team

36Kr learned that on August 17, Geely Automobile Holdings Limited announced its management adjustment plan. Gui Shengyue, Vice Chairman of the Board of Directors of Geely Auto, said: "This marks that Geely Auto has moved from the 'founder-driven' startup and development stages to a mature stage driven by 'system and team'. The enterprise has shifted from relying on personal charisma and authority to relying on organizational systems and talent echelons, which means more transparent corporate governance, more professional decision-making and more scientific management. For internal talents, it is also a signal that the career development ceiling has been broken."

Semir Apparel: Net profit increased by 47.45% year-on-year in the first half of the year, proposing a cash dividend of RMB 1.5 per 10 shares
36Kr has learned that Semir Apparel disclosed its semi-annual report. In the first half of 2026, the company achieved an operating revenue of RMB 6.722 billion, representing a year-on-year increase of 9.32%; the net profit attributable to shareholders of the listed company was RMB 479 million, up 47.45% year-on-year; the basic earnings per share was RMB 0.18. The company intends to distribute a cash dividend of RMB 1.5 (tax included) for every 10 shares.

Corus's IPO on the Sci-Tech Innovation Board (STAR Market) Has Been Approved
36Kr learned that on August 17, the Listing Review Committee of the Shanghai Stock Exchange held its 47th deliberation meeting in 2026. The review result shows that the initial public offering of Guangdong Corus CNC Technology Co., Ltd. meets the requirements for issuance, listing and information disclosure.

Xinlian Electronics: Net profit in the first half of the year reaches 453 million yuan, a year-on-year increase of 140.95%

36Kr has learned that Xinlian Electronics disclosed its semi-annual report. In the first half of 2026, the company recorded operating revenue of 408 million yuan, up 8.25% year on year; net profit attributable to shareholders of the listed company was 453 million yuan, up 140.95% year on year; basic earnings per share stood at 0.54 yuan.

DJI Wins Key Procedural Victory in Lawsuit Against U.S. Department of Defense, U.S. Market Remains Highly Dependent on DJI Drones
According to DJI, on August 14 local time in the United States, the lawsuit filed by DJI against the U.S. Department of Defense has achieved major substantive progress. The U.S. Court of Appeals for the District of Columbia Circuit ruled that the lower court shall rehear the case of DJI being added to the Pentagon's "Chinese Military Companies" (CMC) blacklist. This ruling marks a significant procedural victory for DJI's years-long legal rights defense in the United States. In response to this latest ruling from the Court of Appeals, DJI stated in a statement provided to reporters: "We welcome this positive ruling made by the U.S. Court of Appeals, which is an important step toward finally correcting the improper listing. This ruling also further confirms DJI's consistent stance of firmly opposing the use of its products and technologies for any military or war purposes. In the future, we will continue to resolutely safeguard the legitimate rights and interests of the company and users across the globe through legal means." (Global Times)

Qianwen Office open-sources MyContext, building a brand-new context infrastructure for Agents
36Kr has learned that Qianwen Office recently open-sourced its brand-new context infrastructure "MyContext". It can process massive amounts of heterogeneous personal work data into exclusive work profiles that are easy for Agents to understand, enable Agents to comprehend users and real business workflows, and finally realize human-machine collaboration in links including decision-making and execution, to improve the performance of Agents in work scenarios.

Cumulative deliveries of the Xiaomi SU7 series have exceeded 500,000 units
36Kr has learned from Xiaomi Auto that the cumulative deliveries of the Xiaomi SU7 series have exceeded 500,000 units.

Investment and Financing:

AI video generation platform Higgsfield completes new $400 million financing round
It is reported that Higgsfield, an AI video generation platform, has successfully closed a new $400 million financing round, with investors including DST Global, Goldman Sachs, Liberty Global and the investment arm under Intel, among others. This financing round has pushed Higgsfield's valuation to $5.4 billion. Data shows that the company's annualized revenue in August this year has reached as high as $700 million, 34 times higher than the scale of only about $20 million a year ago. (Jiemian)

New Products:

Alipay Launches China's First Agent Business Infrastructure
36kr has learned that Alipay released the first full-stack agent business infrastructure and the AHA protocol system for multi-agent cross-end interconnection today, and is partnering with more than 20 enterprises including Qwen, Huawei, OPPO, BYD and Geely to jointly build an agent interconnection ecosystem. It is reported that "Abao", the super service agent under Alipay, has completed AI-enabled access to more than 10,000 services so far, and its cross-end service is supported by 5 major mobile phone brands and 16 mainstream automobile manufacturers.

Unitree Robotics Unveils "Superman"
36Kr has learned that Unitree Robotics has launched its new humanoid robot "Superman". According to Unitree Robotics, this humanoid robot has broken the limits of all human beings. With a 0.85-meter leg length, it can jump 2 meters high from a standing position, and reach a top speed of 12.66m/s, surpassing the global standing high jump and running speed records of all human beings across the world. This brand-new complete robot has been developed for only more than 3 months, and there is huge room for further improvement in the coming months.

Today's Viewpoint:

National Bureau of Statistics: Consumption vitality in the sinking market is increasing
On August 17, Fu Linghui, Spokesperson, Chief Economist and Director-General of the Department of Comprehensive National Economic Statistics of the National Bureau of Statistics, stated at the press conference of the State Council Information Office that with the accelerated construction of the county-level commercial system and the extension of logistics distribution systems and information networks to rural areas, the consumption vitality of the sinking market is growing. From January to July, the total retail sales of consumer goods in rural areas accounted for 13.4% of the total retail sales of social consumer goods, 0.2 percentage points higher than the same period of the previous year. (Securities Times)

Goldman Sachs Says Market Expectations for Fed Rate Hikes Remain Too Aggressive
On August 17, it was reported that Goldman Sachs Group stated that bets on Federal Reserve interest rate hikes in the market are still too aggressive, given that inflation in the world's largest economy is cooling. Jan Hatzius, chief economist of the investment bank, wrote in a report to clients that a rate hike at the Fed's September meeting has become "extremely unlikely" due to declining retail sales data, weaker-than-expected employment figures and slowing inflation growth. "Under our baseline economic forecast, the inflation situation is more likely to improve further rather than deteriorate again going forward. We still believe the market pricing for the federal funds rate is too hawkish," Hatzius wrote in the report released on Sunday. (Jiemian)

Other Noteworthy News:

National Bureau of Statistics of China: The total retail sales of national online goods and services reached 11.7214 trillion yuan from January to July, representing a year-on-year increase of 4.8%
 

Fu Linghui, spokesperson of the National Bureau of Statistics of China, said at the press conference held by the State Council Information Office on the 17th that from January to July this year, China's equipment manufacturing industry and high-tech manufacturing industry maintained a good growth momentum. The output of industrial robots increased by 28.5% year on year, and the output of 3D printing equipment and lithium-ion batteries increased by 52.3% and 40.2% respectively year on year. (CCTV News)