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[Pang Donglai statement: The so-called person in charge of Xuchang Pang Donglai, Li Xiaomin, is not an employee of the company]Pangdonglai Trading Group released a statement on its official WeChat account, saying that recently, multiple online platforms released news that "Xuchang Pangdonglai Trading Group Co., Ltd.'s inspection team came to Bian to inspect projects," saying that Li Xiaomin, a relevant person in charge of Xuchang Pangdonglai Trading Group Co., Ltd., led an inspection team to Kaifeng to inspect projects. In response to the above matters, our company now solemnly declares the following: Upon verification, the "Li Xiaomin, a relevant person in charge of Xuchang Pangdonglai Trading Group Co., Ltd." mentioned in the above news is not an employee of our company, and our company has not authorized him to conduct external business negotiations. Our company currently has no development plans for other areas outside of Xuchang City, Henan Province and Xinxiang City, Henan Province. All acts of financing, investment promotion and franchising in the name of our company are suspected of being illegal and criminal. (Securities Times)

[Duan Yongping responded to Buffett's reduction of nearly half of Apple shares: no plans to reduce holdings]According to Berkshire Hathaway's quarterly report released on Saturday, the company sold nearly half of its Apple shares. In response to a question from netizens, Duan Yongping (nicknamed Dadao Wuxingwoxing) said, "I have no plans to reduce my holdings in Apple unless I am called away. The main reason is that I don't know what else I can buy after selling. And I think in the long run, I can accept the returns that Apple can bring me in the future. Buffett is different. He is a professional investor and he has more choices." (Daily Economic News)

[Making friends was exposed by students as cutting leeks]According to media reports, the owner of a Douyin men's shoe brand store said that he had purchased a total of about 80,000 yuan in services on the Jiaogepengyou E-commerce Academy, of which the "21-day companionship" service alone cost 54,800 yuan. If the human cost investment, live broadcast room decoration costs, and traffic investment costs within this cycle are taken into account, the total investment is close to 150,000 yuan. According to the introduction of the Jiaogepengyou promotion at that time, after the Jiaogepengyou companionship team took over, the GMV of the original store could be increased by 3-5 times. But in the end, the owner found that the Jiaogepengyou training instructor's eloquence during the lecture, the invincible operation promoted by the companionship team during the promotion, etc., had almost no effect once they were implemented.
The original agreement was to run for 21 days, but the time was extended by several days after communication. Even so, the actual transaction volume of the two accounts in the hands of the store owner, after more than a month, after deducting fake orders and returned orders, was only 35 orders, and the actual GMV was less than 4,000 yuan. (Phoenix Network Technology)

[Nvidia responds to AI chip shortage: Blackwell samples are widely tested and mass production will be increased in the second half of the year]In response to the news that Nvidia's AI chip was delayed, on August 4, Nvidia responded to reporters: "As we said before, demand for Hopper is very strong, Blackwell sample trials have begun widely, and production is expected to increase in the second half of the year. Other than that, we do not comment on rumors." Earlier media reports said that Nvidia's AI chip design defects may cause the release to be delayed by three months or more, affecting customers such as Meta, Google and Microsoft. (Yicai)

[Musk: The brain-computer chip has been successfully implanted in the second human patient]Musk revealed that his brain-computer interface company Neuralink successfully implanted a second brain-computer interface chip into a human patient. This is another major progress after the first patient was implanted in January this year. Musk shared the news on a podcast with Lex Fridman on Friday. During the eight-hour conversation, Musk mentioned that the second implant is currently progressing smoothly. Musk said: "I don't want to draw conclusions too early, but the second implant seems to be progressing very well. The signal is strong, there are many electrodes, and it works very well." (IT Home)

[Spending 3 million to hire Ming Dao to livestream and sell goods, only 200,000 yuan sold! The brand asked for a refund, and the artist's company responded]"We spent several million to hire Ming Dao to do a special live broadcast during the '618' period. In the end, after deducting the refund, we only sold more than 200,000 units. The cost difference is too huge, not even one-tenth of it. We hope to get a refund in proportion." Ms. Yang, a relevant person in charge of Bencao Company, told Red Star News reporter.
On the day of the live broadcast, Ming Dao broadcast from about 10 am to about 6 pm, a total of 6 hours and 1 minute, with more than 10,000 real-time viewers and a total of 2.127 million viewers. Bencao Company also prepared 50,000 products for this purpose. However, the large number of viewers did not bring a large number of orders. After the entire live broadcast, the sales volume was only 348,000, and a large number of returns were generated within 1 month after the live broadcast, "the return rate was more than half." The actual sales volume was only more than 2,000 orders, totaling more than 200,000.
In response, Hangzhou Wuyou Media Co., Ltd. (hereinafter referred to as Wuyou Company), where Mingdao works, said that they offered after-sales solutions such as extending the use period of live streaming slices and continuing to sell goods for him through live streaming, but the other party's only request was a refund, and they also hired "online water army" to attack. The company has fulfilled the contract as agreed, and if it cannot be properly resolved, they are also prepared to sue to protect their rights. (Red Star News)

[Li Jingwen, Vice President of Vivo China Marketing and Sales, resigns]Recently, vivo announced internally that Li Jingwen, former vice president of marketing and sales of vivo China, resigned for personal reasons, and the successor has not yet been announced. During his tenure, he reported to Cheng Gang, president of the China region. People familiar with the matter revealed: Li Jingwen joined vivo through campus recruitment in 2014 and has been with vivo for about 10 years. It is worth mentioning that vivo China has been in a state of change in recent years, with frequent personnel changes. During the five years, the position of president of vivo China has been replaced four times in a row. In November 2023, the position of president of China will be taken over by Cheng Gang, who also serves as president of iQOO Global Market. The first three were Liu Hong, Ni Xudong, and Ding Yi. (Leifeng.com)

[Dan Bin responded to Buffett's reduction of nearly half of Apple shares: We have no intention of following the reduction]Dan Bin wrote on Weibo: I was not surprised to see the news that "Berkshire's holdings of Apple shares dropped from 789 million shares in the first quarter to about 400 million shares, a drop of nearly 50%." But I was still a little surprised to see such a large reduction. Apple accounts for about 10% of Oriental Harbor's holdings. Even if we saw Mr. Buffett reducing his holdings, we did not follow suit, because in the era of artificial intelligence, Apple is also one of the companies that benefited the most. After the release of Apple 16 and Apple 17 artificial intelligence mobile phones, the probability of new growth levels and growth space is still relatively high. (Jiemian News)

[Tesla's Texas supercomputing cluster is named "Cortex" and has 100,000 Nvidia chips]Musk revealed the name of the recently built Texas supercomputing cluster after visiting it over the weekend. Musk wrote on X that the supercomputing cluster at the Texas Gigafactory is named "Cortex," noting that he had just completed a walkthrough of the new facility. "Cortex" has about 100,000 Nvidia H100 and H200 chips, which are used to train neural networks for fully autonomous driving (FSD) and the humanoid robot Optimus. (IT Home)

[Xiaocaiyuan plans to be listed on the Hong Kong Stock Exchange: the average daily sales of a single store has declined]Following the launch of the Hong Kong IPO by Green Tea Group Co., Ltd. (hereinafter referred to as Green Tea), which specializes in Hangzhou cuisine, Xiaocaiyuan International Holdings Co., Ltd. (hereinafter referred to as Xiaocaiyuan), which specializes in Anhui cuisine, recently submitted an IPO application to the Hong Kong Stock Exchange. The prospectus shows that during the reporting period (i.e., from 2021 to 2023 and the first four months of 2024), Xiaocaiyuan continued to expand its stores. Although its performance continued to grow, its average daily sales per store began to decline in 2023. (Daily Economic News)

[Wu Sheng talks about Pang Donglai's transformation into Yonghui: no longer pursuing large-scale chain stores]At the New Species Explosion·Wu Sheng Business Method Release 2024 event, Wu Sheng, founder of the Scene Lab, said when talking about Pang Donglai's explosive transformation into Bubugao and Yonghui Supermarket, "You will find that whether it is Pang Donglai, Aldi, or Sam's Club, they actually have many high-quality products that target specific regions, specific communities, and specific groups of people. They are no longer pursuing large-scale chains." Wu Sheng pointed out, "We really need a longer time dimension to see those changes, how it has truly changed our lives and our surroundings, and our neighborhood. We also give our predictions based on long-term positive and negative feedback - slow connection: business that does not grab eyeballs, precious low prices." Wu Sheng pointed out, "The preciousness lies in that it does not sacrifice quality because of the low price. The preciousness of the low price also lies in that it can truly touch the true inner needs of every consumer. That kind of soft and continuous stretch constitutes our real life." (Sina Finance)

[Involving "File Transfer Assistant", the Ministry of National Security urgently reminds]On August 4, it was reported that in recent years, cases of confidentiality leaks caused by the use of online office programs have occurred frequently, exposing a series of risks and hidden dangers. For example: cloud assistants leak confidential documents; image and text recognition applets leak confidential originals; AI writing leaks confidential content; work groups leak confidential information. Taking the "File Transfer Assistant" as an example, some office workers illegally transfer confidential files to the "Transfer Assistant" for the convenience of work. They don't know that after the confidential files are uploaded to the network, the automatic synchronization and storage process of computers and mobile devices greatly increases the risk of foreign spy intelligence agencies obtaining related files through Trojan viruses. The national security agency warns: Do not engage in confidentiality when working online; be careful when using applets; check personal devices frequently; and enterprises and institutions attach importance to education. (Guangming.com)

[OpenAI has unpublished tools to detect cheating using ChatGPT]On August 4, OpenAI has unpublished tools to detect cheating using ChatGPT. (Sina Finance)

【Fuxiang Aesthetics Completes Nearly 100 Million Yuan Series A Financing】Silk protein biomaterial company Fuxiang Aesthetics has completed a round of A financing of nearly 100 million yuan. The financing was jointly led by Yuhai Capital and Shaanxi New Era Capital, and followed by Herui Venture Capital. The funds from this round of financing will be mainly used for the clinical trials of core products FS-31 and FS-32, and the commercial promotion of FS-21 and FS-22 and the company's international business expansion. (Rui Beast AnalysisClick here to see more)

【Oxford Intelligence Completes Angel Round Financing】Hangzhou Oxford Intelligence announced the completion of its angel round of financing. The funds will be mainly used for the company's research and development and market expansion in the field of artificial intelligence. Oxford Intelligence was founded in 2024 and is an AI valuation solution provider. It focuses on using AI-enabled valuation methods, using databases and AI algorithms tailored for multiple industries to provide customers with valuation solutions. (Rui Beast AnalysisClick here to see more)

[Qixiaomiao completes 7 million yuan angel round financing]Qixiaomiao, an intelligent taxation enterprise service platform, announced the completion of a 7 million yuan angel round of financing. The funds will be mainly used for product iteration, intelligent taxation system construction, brand promotion and talent team optimization. Qixiaomiao was founded in 2021. The company's developed taxation tools and information system "Intelligent Taxation SaaS Platform" provides enterprise taxation and value-added services from company establishment to invoicing, bookkeeping, tax filing, etc. for small and medium-sized enterprises. (Rui Beast AnalysisClick here to see more)

[Geely Galaxy's first global model E5 is on the market, with a limited-time starting price of 109,800 yuan] Geely Auto announced on August 3 that Geely Galaxy's first global model E5 was officially launched. The new car has a total of 5 models, with a limited-time guide price range of 109,800 yuan to 145,800 yuan. The car adopts the new self-developed GEA architecture, is positioned as a pure electric compact SUV, and will focus on the global market, providing left and right drive models. In addition, it will also adopt the Galaxy Flyme Auto car system jointly created by Geely Auto and Starry Meizu. The system is jointly created by Geely Auto and Starry Meizu. The car is equipped with the first domestically produced automotive-grade 7nm chip "Longying No. 1", which has 8TOPS AI computing power. (Jimu News)

[Avita 11/12 extended-range version will be officially launched in September, and Avita 07 will be launched simultaneously]On August 3, during the live broadcast of Avita "TA"'s Shanghai Challenge Mission, Changan Automobile Chairman Zhu Huarong said that the Avita 11 extended-range version and Avita 12 extended-range version will be officially launched in September. Zhu Huarong also said that the Avita 07 extended-range and pure electric versions will also be launched in September. (IT Home)

[China Low-altitude Economic Alliance established in Beijing]On August 4, the establishment ceremony of the China Low-altitude Economy Alliance Council and the China Low-altitude Economy High-quality Development Roundtable Meeting were held in Beijing on the 3rd. At the meeting, the China Low-altitude Economy Alliance was officially announced. Luo Jun, Executive Director and Secretary General of the China Low-altitude Economy Alliance, said at the meeting that the development of low-altitude economy is of great significance to activate China's three-dimensional space resources, promote economic structural adjustment and the transformation and upgrading of traditional industries. At present, the low-altitude economy industry as a whole is still in its early stages. (China News Network)

[Cui Dongshu: China accounts for 65% of the world's new energy vehicle market share from January to June 2024]On August 4, according to a statement by Cui Dongshu, secretary general of the China Passenger Car Association, global automobile sales in January-June 2024 reached 43.9 million units, and new energy vehicles reached 7.39 million units. The share of new energy vehicles in January-June 2024 reached 16.8%, of which pure electric vehicles accounted for 11%, plug-in hybrid vehicles accounted for 5.8%, and hybrid vehicles accounted for 6.3%, and the share of oil-electric hybrid vehicles increased. In 2022, China's global share of new energy passenger vehicles exceeded 63%; in 2023, China accounted for 63.4% of the world's share; in January-June 2024, it continued to maintain a share of 64.5%, of which China's global share of new energy passenger vehicles in April-June reached 67%. (Cailian Press)