8:00 36Kr Briefing 丨 Foreign media reports that Jensen Huang may be dismissed by NVIDIA and no successor has been designated yet; Sudden large-scale account bans, ChatGPT has issued a response; Priority checkout for cigarette purchasers? Lingshi Youming responded to the related query.
Today's Hotspot Guide
- Wang Jianlin appointed as Chairman of Wanda Commercial Management
- Dong Yuhui's self-owned brand responds to the "first cake with 9-month shelf life" related issue
- Maserati will cooperate with Zunjie to promote localized production
- US Democratic Party plans to launch an investigation against Elon Musk and other relevant parties
- SpaceX plans to build a $24 billion supercomputing facility in Texas
TOP 3 Major News
Foreign Media: Jensen Huang May Be Removed From NVIDIA, No Successor Appointed Yet
On November 8 Eastern Time, Jensen Huang, founder and CEO of NVIDIA, admitted to an extramarital affair in a letter to employees, and apologized to the board of directors, employees and global shareholders. The board of directors of NVIDIA has announced that independent directors and external lawyers have launched an investigation. Bloomberg reported that as the co-founder of NVIDIA, Jensen Huang is famous for his hands-on and tireless management style. The company has not released a clear succession plan, and Jensen Huang does not have an obvious designated successor. He has repeatedly stated that he hopes to continue to lead NVIDIA in the coming decades, and has built an informal organizational structure around himself. According to Reuters, Dan Ives, partner and senior managing director of the U.S. investment institution Yorkville Ives, said: "Obviously, according to the investigation results of the board of directors, Jensen Huang may be removed from the position of chief executive officer." (China News Finance)
Sudden large-scale account bans, ChatGPT responds
On November 8, multiple technology communities collectively exposed that OpenAI suddenly launched a large-scale account ban incident. A large number of users reported on Reddit and domestic developer communities that their ChatGPT accounts were suspended without warning, including Pro users who pay a monthly subscription fee of 200 US dollars. Some users said they did not receive any notice before their accounts were banned, and their long-accumulated chat records and work materials became inaccessible as a result.
Some netizens speculate that this is OpenAI's move to prevent users from exploiting benefits, and it has begun to limit the maximum number of accounts on the same device. Industry insiders said that this move by OpenAI is by no means sudden. Previously, it launched reverse proxy, and merged ChatGPT and Codex into one token pool. A few days ago, it quietly locked the upper limit of paid accounts for a single device, and also released an official document titled *Understanding ChatGPT Payment Card and Device Limits*, which brought all tiers including Go, Plus, Pro 100, Pro 200 and Pro 500 under rigid quota control.
In response, the OpenAI Support account responded that since the appeal involves specific account information, it cannot be processed on public community forums. Users should submit appeals through the link in the account ban notification email; if they do not receive the email, they can contact customer service via the official appeal form or the Help Center. This response did not explain the specific reason why users' accounts were banned. (Yicai Global)
Priority Checkout for Cigarette Purchasers? Snack Youming Responds
Recently, some netizens posted on social platforms that a store of Snack Youming put up a notice stating "Cigarette buyers enjoy priority checkout", which also marked "Genuine cigarettes guaranteed, 100 times compensation for any fake one". This news quickly spread across the internet and triggered massive complaints from netizens. Some consumers left messages in the comment area, "I have only heard of priority access for military personnel and emergency treatment, and this is the first time I see priority for cigarette buyers". Others said, "If everyone is waiting in line but someone gets priority directly, no one will feel comfortable with it". It is widely acknowledged that merchants can set up fast lanes, but they cannot take purchasing cigarettes as the threshold for enjoying priority services. This differential treatment itself is very likely to convey a guidance that runs counter to tobacco control.
On November 9, Jiemian News contacted the customer service of Snack Youming to verify whether the above notice is a unified rule of the brand. The customer service representative told the reporter from Jiemian News that "the company has not issued relevant documents so far, and this is not a regulation applicable to all stores across the brand". The customer service also noted that selling cigarettes has clear qualification requirements: stores must obtain the Tobacco Monopoly Retail License first before carrying out cigarette retail business. Stores need to purchase cigarette supplies from local tobacco companies, and the procurement chain does not go through the brand headquarters. Nevertheless, the brand party has corresponding intervention and management authority over its franchised stores. In response to the controversial notice mentioned above, the customer service stated that they will transfer the relevant clues to the corresponding supervision department for verification and handling. (Jiemian News)
AI Frontier
Anthropic Unveils New Versions of Fable and Mythos Models
Anthropic PBC has released new versions of the Mythos and Fable artificial intelligence models, hoping to consolidate its leading position in the AI development field before its highly anticipated U.S. stock market listing. Anthropic stated that Fable 5.2, which is scheduled to be released on Monday, can handle more difficult software engineering work, perform more hardware-related tasks such as controlling robots, and process long-running projects. This model is also capable of coordinating more than 1,000 AI agents at the same time. Mythos 5.2, the model of the same series, has fewer protective measures in the fields of cybersecurity and life sciences, and will be promoted to some institutions through the previously announced verification program. Anthropic said that both of these two models are faster than previous versions, and Fable is priced lower. (Sina Finance)
Qianwen Work 2.0 Released, the First Team Agent Supporting Multi-person and Agent Collaboration
36Kr learned that on November 9, Qianwen Work released its 2.0 version, which is the largest upgrade since it went online three months ago. This version launches the industry's first "Collaboration" feature that supports multi-person and Agent collaboration, and rolls out core capabilities including "Human-AI Co-creation", "Resource Space", "Automatic Task" and "Three-terminal Interconnection" at the same time, enabling Agents to expand their service targets from individuals to teams and organizations. At present, all functions have been fully launched on the Qianwen Work client.
Alibaba Cloud Token Plan Quota Increased by Over 70%
36Kr has learned that on November 9, Alibaba Cloud raised the subscription quota for the personal version of Token Plan. The monthly fees for the three tiers of Lite, Essential and Standard packages remain unchanged, and the monthly quota has been increased by approximately 74% to 78%.
Anthropic's expected valuation plummets by 40%, US-listed tech stocks are sold off, putting AI giants under pressure
Recently, a large number of US tech stocks have been sold off, and the return on investment in the AI sector is under increasing scrutiny. According to reports, some potential investors are prepared to give Anthropic an IPO valuation of 1.2 to 1.3 trillion US dollars, a drop of up to 40% from the previous expected 2 trillion US dollars. According to the latest report from the UK's Financial Times, investors expect Anthropic's valuation to be close to 1.5 trillion US dollars. Separately, foreign media reported that OpenAI has completed raising 11 billion US dollars in its latest round of financing, with the remaining shares expected to be finalized in the coming weeks. The total size of this round of financing may rise to 20 billion US dollars, valuing the company at around 1.25 trillion US dollars. The report noted that OpenAI initially aimed to raise at least 300 billion US dollars at a valuation of 1.4 trillion US dollars, but under the current market environment, the company has had to scale back its financing plan. (Bloomberg)
Major Companies / Major Events
Customs Tariff Commission of the State Council: Continue to suspend the 24% additional tariff rate imposed on US imports for 2 months, and maintain the 10% additional tariff rate imposed on US imports
36Kr has learned that the Customs Tariff Commission of the State Council has issued an announcement on adjusting the additional tariff measures for imported goods originating in the United States. To implement the consensus reached at the Washington meeting between the heads of state of China and the United States, in accordance with the Customs Tariff Law of the People's Republic of China, the Customs Law of the People's Republic of China, the Foreign Trade Law of the People's Republic of China and other laws and regulations as well as the basic principles of international law, with the approval of the State Council, starting from 13:01 on November 10, 2026, the additional tariff measures specified in the Announcement of the Customs Tariff Commission of the State Council on Imposing Additional Tariffs on Imported Goods Originating in the United States (Announcement No. 4 of the Customs Tariff Commission 2025) are adjusted, the 24% additional tariff rate on US imports will continue to be suspended for 2 months, and the 10% additional tariff rate on US imports will be retained.
Wang Jianlin Appointed as Chairman of Wanda Commercial Management
36Kr has learned that according to data from the Tianyancha App, Dalian Wanda Commercial Management Group Co., Ltd. recently completed industrial and commercial registration changes. Chen Hongtao has stepped down from the position of chairman, and Wang Jianlin has taken over the post. It is worth noting that Wang Jianlin previously stepped down as chairman of the company back in 2012. Founded in September 2002, the company has Chen Hongtao as its legal representative, with a registered capital of approximately 27.16 billion yuan. Its business scope covers commercial complex management services, non-residential real estate leasing, property management and other related services, and it is jointly held by Dalian Wanda Group Co., Ltd., Wang Jianlin, Tencent Mobility Limited and other shareholders.
ST Cicro: Resumes trading and removes other risk warnings as of November 11, with its securities short name changed to "Cicro"
36Kr learned from the announcement of ST Cicro that the company's stocks will be suspended for one day on November 10, 2026. Starting from November 11, trading will resume, other risk warnings will be removed, the securities short name will be changed from "ST Cicro" to "Cicro", the extended short name will be adjusted to "Cicro Microelectronics", the securities code remains unchanged, and the daily price fluctuation limit is still 20%.
Dong Yuhui's self-owned brand responds to the "9-month shelf life of its first cake"
Recently, the mille-feuille cake series, the first product of the self-owned brand "Heyu Chunshi" launched by Yu Hui Tong Xing, has sparked controversy for its marked 9-month shelf life. Many netizens questioned whether the product contains a large amount of preservatives, and labeled it as "over-processed food loaded with excessive food additives". On November 9, Jiemian News consulted the online customer service of Heyu Chunshi flagship store that "whether the 9-month shelf life of this cake relies on preservatives for fresh-keeping". The customer service responded that the 9-month shelf life applies to the scenario of "unpacked and frozen stored below -18℃", which is realized by frozen fresh-keeping plus sealed packaging instead of preservatives. The customer service also noted that the cake is a self-operated product under the self-owned brand "Heyu Chunshi", with complete and compliant raw material qualifications and quality inspection records, which is totally safe and reassuring for consumers. (Jiemian News)
Maserati will cooperate with Zunjie to promote localized production
It is learned on November 9 that the cooperation project between Maserati and Zunjie is named "Maserati Design", which is a tripartite cooperation among Huawei, JAC and Stellantis. At present, the appearance of the new car has been confirmed, and further mass production progress is scheduled for the fourth quarter of next year. (Yicai Global)
Zunjie may launch a brand new sub-brand with a price range of 400,000 to 500,000 RMB, focusing on SUV models
It has been learned from people familiar with the matter that Zunjie may launch a completely new sub-brand, with the pricing set at roughly 400,000 to 500,000 RMB, and SUVs as its main product offering. "Its cooperation with Maserati falls under two separate projects, and the specific details of the sub-brand have not been officially finalized at present," the insider disclosed. There were previous market rumors that the tripartite cooperation between Stellantis, the parent company of Maserati, Huawei and JAC is nearly finalized, and two new all-electric models are currently planned, which will be manufactured by the Zunjie Super Factory. (CLS)
WorkBuddy Apologizes and Releases Compensation Measures
On the evening of November 8, WorkBuddy, an AI tool under Tencent, released the "Statement and Compensation Announcement on the DeepSeek-V4.1 Flash Discount Campaign", apologizing to users for failing to announce the adjustment of the preferential activity in a timely manner, and announced the compensation plan: For accounts that have used DeepSeek-V4.1 Flash from 14:00 on November 5 to 23:59 on November 8, all point consumption generated by using the DeepSeek-V4.1 Flash model during this period will be settled at a 50% discount of the original price, and the difference (that is, 50% of the total actual consumed points) will be fully refunded. The refund does not require application, the system will automatically calculate and process the return, which is expected to be credited to the accounts within 7 working days. (Yicai)
The central bank conducted 182 billion yuan in overnight reverse repo operations on November 9
36Kr learned that on November 9, 2026, the People's Bank of China carried out 182 billion yuan of overnight reverse repo operations through the fixed-rate quantity bidding method, fully meeting the demands of primary dealers. The operating interest rate is 1.25%.
The central parity rate of RMB against the US dollar is set at 6.7188
36Kr learned that on November 9, the central parity rate of RMB against the US dollar was set at 6.7188, down 20 points.
Public funds carried out more than 2,000 research activities last week, with the electronics and other industries being highly favored
Data from PaiPaiWang of Public Funds shows that in the past week (November 2 to November 8, 2026), a total of 142 public fund institutions participated in A-share research activities, covering 170 individual stocks in 27 Shenwan Class-1 Industries, with a total of 2173 research visits. Compared with previous weekly research statistics, it reflects strong research enthusiasm. Last week, the number of public fund research visits in 6 industries exceeded 100, among which the electronics industry topped the list with 479 research visits. In addition, the number of public fund research visits in both the pharmaceutical and biological industry and the machinery and equipment industry was no less than 200. (Securities Times)
US Democrats Plan to Launch Investigations Against Elon Musk and Others
Democratic lawmakers in the US Congress said on the 8th that after the Democrats take control of Congress in January next year, they will launch investigations into US billionaire Elon Musk, White House Chief of Staff Stephen Miller and some enterprises. Democratic U.S. Representative Robert Garcia and U.S. Senator Elizabeth Warren made the above remarks in a TV interview that day. (Xinhua News Agency)
Apple Open-Sources HALO, Haptic Perception Becomes the Core Focus of A-Share Market Correlation Mapping
Apple's research team recently disclosed the humanoid robot autonomous control system HALO on arXiv and open-sourced the relevant code. This achievement mainly verifies the feasibility of zero-shot transfer at the semantic layer, while its impact on the A-share sector is more oriented to narrative enhancement. The benefited directions will be concentrated in the relevant links that make up for the clear technical shortboard of haptic perception. (Sina Finance)
SpaceX Plans to Build a $240 Billion Supercomputing Facility in Texas
SpaceX plans to construct an artificial intelligence supercomputing facility equipped with an independent natural gas power plant in Texas. The total investment of the project reaches 24 billion US dollars, which is about 17 times the value of the company's Bitcoin holdings. SpaceX that holds Bitcoin completed the largest initial public offering (IPO) in its history in June this year, and now the company plans to build a self-powered supercomputing facility in Texas. (Sina Finance)
ETFs on the Shanghai Stock Exchange have posted net inflows for 28 consecutive trading days, with a total amount exceeding 540 billion yuan
From September 22 to November 6, ETFs on the Shanghai Stock Exchange recorded net inflows for 28 consecutive trading days, with a total net inflow of 541.235 billion yuan. Among them, the single-day net inflow on November 3 reached 63.454 billion yuan, hitting a new high for the year. By product type, from September 22 to November 6, the top three products by net inflow were CSI 300 ETF of Huatai-PineBridge (95.152 billion yuan), STAR 50 ETF of China Asset Management (71.695 billion yuan), and CSI 300 ETF of E Fund (60.115 billion yuan). (Securities Times)
Berkshire Hathaway Inc. is preparing to issue yen-denominated bonds
According to people familiar with the matter, Berkshire Hathaway has commissioned Mizuho Securities and BofA Securities to prepare for a potential benchmark-scale yen-denominated, fixed-rate senior unsecured bond issuance plan. The bonds will be registered with the U.S. Securities and Exchange Commission (SEC). People familiar with the matter said the official announcement of the deal is expected to be made in the near future, but "subject to market conditions". (Sina Finance)
ECB President Lagarde Signals Possible Interest Rate Hike in December
Christine Lagarde, President of the European Central Bank, hinted in an interview with Japan's Yomiuri Shimbun that the ECB may raise interest rates again at the Governing Council meeting to be held next month. Lagarde pointed out that "we know inflation data will remain high in the coming quarters", expressing a sense of crisis over rising prices. Regarding the interest rate hike in December, she said: "Based on the information we have at present, unless major changes take place, the policy direction will be in line with my expectations." (Sina Finance)
Elon Musk: SpaceX's Computing Power Deal With Anthropic Is Not a One-Sided Bet
Venture capitalist Chamath Palihapitiya previously put forward that the computing power contract between SpaceX and Anthropic includes a termination clause, with which SpaceX can drastically raise prices for this AI lab. On November 8, Elon Musk refuted this statement, saying that this transaction is not a one-sided bet. When replying to the clip of Palihapitiya's speech reposted by AI commentator Rohan Paul on the X platform on the evening of the 8th, Musk wrote: "Of course, this is a two-way constraint. If the supply of computing power is sufficient and the price goes down, SpaceX's revenue will also decline. In the casino, you take full responsibility for your own wins and losses, neither side has anything to complain about." (Sina Finance)
SoftBank Group raises full-year performance forecast, with both first-half revenue and operating profit hitting record highs
On November 9, Japanese telecommunications operator SoftBank Group released its financial results for the first half of fiscal 2027, and raised its full-year performance forecast. The company expects full-year revenue to reach 7.9 trillion yen, higher than the previous forecast of 7.5 trillion yen; the operating profit forecast is raised from 1.1 trillion yen to 1.16 trillion yen; the net profit attributable to shareholders of the parent company is raised from 560 billion yen to 610 billion yen, partially reflecting the gains brought by the sale of preferred equity in Energy Global. (Sina Finance)
Nvidia Announces Investment Plans for Multiple South Korean AI Startups
Nvidia released a statement on November 9, noting that the company's senior executives met with more than 20 South Korean startups covering fields including foundational models, physical AI, AI infrastructure and AI semiconductors, together with the Vice Minister of the Ministry of Science and ICT of the Republic of Korea. Nvidia announced its investment in Point2, a South Korean AI interconnection technology startup, and plans to further invest in AI lab Motif Technologies, physical AI startup RLWRLD, and enterprise-level AI company Upstage. (Jiemian News)
The three major U.S. stock indexes closed higher collectively, with large-cap tech stocks broadly rising
36Kr learned that at the close of trading on November 9, the three major U.S. stock indexes rose collectively, with the Nasdaq up 2.74%, the S&P 500 up 2.35%, and the Dow up 2.15%. Large-cap tech stocks saw broad gains: Micron Technology and Western Digital rose more than 6%, Tesla and Meta rose more than 5%, Amazon, Microsoft and Apple rose more than 2%, Alphabet recorded a slight increase, while NVIDIA fell more than 4%. Most popular Chinese concept stocks listed in the U.S. declined: iQIYI fell more than 5%, Alibaba and Pinduoduo fell more than 3%, JD.com and Bilibili fell more than 2%, Li Auto and Baidu fell more than 1%, and NetEase posted a slight rise.
AMD: 5th Generation EPYC Processors Provide Host Infrastructure for Google TPU 8tx
On November 9, AMD announced that its 5th generation EPYC server processors will deliver host infrastructure for Google Cloud TPU 8tx. TPU 8tx is the first cloud TPU system that supports hardware-enforced confidential computing. The two parties will combine AMD EPYC processors, Infinity Guard security technology and Google TPU computing power to help enterprises run AI workloads such as inference, fine-tuning and reinforcement learning on the cloud while protecting sensitive data. AMD stated that its EPYC processors have become the host CPU choice for more than 10 leading hyperscale cloud service providers and cutting-edge AI laboratories across the world. (CLS)
Google Announces Full Official General Availability of Pathways on the Cloud
On November 9, Google announced that Pathways is now fully officially open on the Google Cloud Platform. Pathways is a large-scale distributed machine learning runtime system independently developed by Google, which has been used to train large models such as Gemini, and is currently open to Google Cloud customers. (CLS)
Goldman Sachs data shows hedge funds rapidly sold off global tech stocks last week
Concerns that the Democratic Party of the United States may block data center construction have triggered a sharp reassessment of AI trades, and hedge funds sold off global tech stocks at one of the fastest paces on record last week. Tech stocks were the sector that recorded the largest net selling magnitude across global and US markets last week, with the percentage amount roughly matching the data tracked by Goldman Sachs Group since 2016. According to the bank's prime brokerage data as of November 6, this also sparked the largest single-stock net selling wave in four months. (CLS)
RemeGen: Signs Exclusive Global Licensing Agreement for Pan-RAS (ON) Small Molecule Inhibitor, with an upfront payment of RMB 50 million and maximum milestone payment of RMB 4.87 billion
36Kr learned from the public announcement of RemeGen that the company has signed the "Licensing Agreement" with Yantai RemeGen Pharmaceutical, and obtained the exclusive global license for the Pan-RAS (ON) small molecule inhibitor. The company will pay an upfront payment of RMB 50 million, a maximum milestone payment of RMB 4.87 billion, and pay royalties at a rate of 3% to 7% of the annual net sales. The company's current oncology product pipeline is mainly focused on solid tumor ADCs and bispecific antibodies. The newly introduced Pan-RAS (ON) small molecule inhibitor project can complement the existing pipeline, expand the company's oncology product portfolio, and create opportunities for joint development with other assets in the company's pipeline in the future.
Elon Musk: Tesla May Lease Instead of Sell the Optimus Robot
Elon Musk recently stated that Tesla will most likely lease its humanoid robots to customers rather than sell them. Tesla has launched the early mass production of Optimus at its Fremont factory, and it is expected to start delivering products to external customers around the end of 2027. (CLS)
SK Hynix Plans to Expand Its US Team to Deepen Cooperation with Core Customers
SK Group stated on November 9 that South Korean chip manufacturer SK Hynix is preparing to expand the size of its workforce in the US, a move intended to strengthen connections with key large US customers such as NVIDIA. According to SK Group, SK Hynix plans to make new executive appointments and restructure its US business system around December 3. (Sina Finance)
IPO in Progress
Shenzhou Semiconductor's IPO application will be reviewed at the deliberation meeting on November 16
36Kr has learned that the Listing and Examination Committee of the Shanghai Stock Exchange is scheduled to hold the 58th Listing and Examination Committee deliberation meeting of 2026 on November 16, 2026, to review the initial public offering matter of Jiangsu Shenzhou Semiconductor Technology Co., Ltd.
Sakana AI plans to conduct an IPO as early as the fall of 2027
According to reports, Japanese AI company Sakana AI is preparing for an Initial Public Offering (IPO), and may get listed in Japan or the United States as early as the fall of 2027. The company has hired Goldman Sachs as its IPO consultant. (CLS)
Longxing World's IPO on Shanghai Stock Exchange Has Been Approved at the Review Meeting
36Kr has learned that the Listing Review Committee of the Shanghai Stock Exchange convened its 57th deliberation meeting in 2026. The review result shows that the initial public offering of Guangdong Longxing World Technology Co., Ltd. complies with the issuance conditions, listing conditions and information disclosure requirements.
Large Enterprise Financial Reports
Sohu: Total revenue in the third quarter reached 133 million U.S. dollars
36Kr learned that on November 9, Sohu Inc. released its financial report for the third quarter of 2026. According to the financial report, Sohu's total revenue in the third quarter was 133 million U.S. dollars. Among that, the marketing service revenue of Sohu Inc. was 15 million U.S. dollars, and the online game revenue was 114 million U.S. dollars. The financial report shows that the marketing service revenue in the third quarter was 15 million U.S. dollars, representing a 10% year-on-year increase; the online game revenue was 114 million U.S. dollars, representing a 30% year-on-year decline; the net loss stood at 15 million U.S. dollars.
Five major state-owned aviation central enterprises recorded a combined net profit of about 4.7 billion yuan, compared with roughly 5.19 billion yuan in the same period a year earlier
By the end of October, the Q3 financial reports of listed companies in the aviation industry have been disclosed one after another. AVIC Shenyang Aircraft, AVIC Xi'an Aircraft, AECC Aero Engine Power, AVIC Airborne Systems and AVIC Optoelectronics, these five listed central SOE platforms that correspond to key segments of aviation equipment including complete aircraft manufacturing, aero engines, airborne systems and connectors, realized a total attributable net profit of 4.678 billion yuan in the first three quarters. Compared with the figure of about 5.19 billion yuan in the same period last year, this "profit map" is not flat. Some companies have seen their revenue and profit drop at the same time; some have posted a revenue growth of over 20%, but their profits have not yet risen substantially; other companies have maintained double-digit growth driven by new demand. (National Business Daily)
Shennong Group: Sales revenue of commercial hogs in October reached 591 million yuan, up 49.24% year on year
36Kr learned from the announcement of Shennong Group that in October 2026, the company sold 428,400 commercial hogs, representing a year-on-year increase of 55.9% (of which 65,500 commercial hogs were sold to slaughtering enterprises within the group). The sales revenue of commercial hogs was 591 million yuan, up 49.24% year on year. The average selling price of commercial hogs was 9.83 yuan per kilogram, down 6.02% month on month.
USI: Consolidated Operating Revenue in October Reached 6.644 Billion Yuan, Up 18.87% Year on Year
According to 36Kr, USI announced in its official release that the company's consolidated operating revenue in October 2026 hit 6.644 billion yuan, marking a year-on-year increase of 18.87% and a month-on-month decrease of 11.25%. The total consolidated operating revenue of the company from January to October 2026 reached 53.524 billion yuan, up 8.72% year on year.
Investment and Financing
Li Auto's Venture Capital Subsidiary Increases Capital by RMB 100 Million
36Kr learned from Tianyancha App that Chongqing Chezhiyuan Venture Capital Co., Ltd. has recently undergone industrial and commercial changes, with its registered capital rising from RMB 600 million to RMB 700 million, an increase of RMB 100 million. Established in March 2022, the company has Wang Yang as its legal representative, and its business scope covers venture capital (limited to investment in unlisted enterprises), and it is wholly owned by Chongqing Chezhixuan Technology Co., Ltd. The group information from Tianyancha shows that this company is an affiliate of Li Auto Group.
"Uliche Robotics" completes RMB 500 million Pre-Series A financing
36Kr has learned that "Uliche Robotics" has completed a Pre-Series A financing of RMB 500 million. Existing shareholders Xianuo Investment and Yonghua Investment have made excess additional investments in multiple consecutive rounds, and new institutional investors cover industrial and financial investors including Greenland Group, Keli Sensing, Huagong Venture Capital, Xinjing Fuying, Hongniao Qihang Fund, Yulin Industrial Investment, etc.
Douyin-affiliated Xingluo Shiguang Increases Its Registered Capital to Approximately 36.383 Billion Yuan
36Kr learned from Tianyancha App that Shenzhen Xingluo Shiguang Technology Co., Ltd. has recently undergone industrial and commercial changes. Its registered capital has increased from RMB 28.3825 billion to RMB 36.3825 billion, up by RMB 8 billion with a growth rate of about 28.19%. Founded in September 2022, the company appoints Shi Yulei as its legal representative, and its business scope includes information system integration services, software development, import and export of goods, technology import and export, and the wholesale and retail of computer software, hardware and auxiliary equipment. It is wholly owned by Douyin Group (Hong Kong) Co., Ltd.
"Qingxi Intelligent Research" completes nearly 100 million yuan Angel round financing
Recently, "Qingxi Intelligent Research" has closed an angel round of financing worth nearly 100 million yuan. The investors include SMIC PES, GL Ventures, Agibot, Fengwu Capital, Orient Jiafu and multiple funds with industrial backgrounds. Founded for less than half a year, Qingxi Intelligent Research has made phased progress in AI-enabled material R&D and industrial delivery, with accumulatively signed orders reaching tens of millions of yuan. Its customers cover industrial enterprises and scientific research institutions in sectors including advanced manufacturing, semiconductors and new materials. It has also signed a full-stack entrusted material R&D order with a leading smart terminal customer. At the same time, the company is about to release the world's first full-modal expert-level intelligent characterization and analysis model, which will further promote the productization of professional model capabilities. In addition, the new-generation rare earth permanent magnet material independently developed by Qingxi has advanced to the pilot-scale test transformation stage, targeting mass production in 2027.
Cool Products
2027 Voyah Zhiying to Be Launched on November 13
36Kr learned that on November 9, Voyah Auto officially announced that the 2027 Voyah Zhiying, an intelligent ultra-fast charging all-electric large 5-seater SUV, will be officially launched on November 13.
Compiled by Jihe Yu