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[Huang Zheng surpasses Zhong Shanshan to become China's richest man, with a net worth of US$48.6 billion]The Bloomberg Billionaires Index shows that Zheng, 44, has become China's richest man. With a net worth of $48.6 billion, he has surpassed Zhong Shanshan (US$47.4 billion), the Chinese bottled water king who has topped the list since April 2021. (Cailian News)

[ByteDance was reported to be seeking $5 billion in loan refinancing, the company responded: no comment]Recently, there have been reports that ByteDance is actively negotiating with relevant financial institutions, hoping to refinance its existing $5 billion loan for three years. This move is expected to become one of the largest loan refinancing transactions by Chinese borrowers this year. Previously, ByteDance had finalized a total of $5 billion in loans in 2021, with half of them being term credit and half being revolving credit. This refinancing may be to reduce financing costs, optimize debt structure or meet other financial needs. The reporter asked ByteDance for confirmation, but the other party declined to comment. (21 Finance)

[An explosion occurred on a cargo ship container at Ningbo Zhoushan Port. The shipping company: All personnel have been evacuated]On the afternoon of August 9, an explosion occurred on a container ship at the container terminal of Beilun Port Area of ​​Ningbo Zhoushan Port. According to CCTV news, it was initially determined that the container on the ship exploded, and there were no casualties. A shipping person revealed to reporters that the ship was an ocean-going vessel of YML (Yang Ming Marine Transport). "The cargo was a refrigerated and dangerous cargo of Class 5.2 peroxidants picked up by HMM Shipping Company, which shared a cabin with YML Shipping Company. When it was sailing from Shanghai to the Middle East, the cargo was not plugged in during the transshipment process at Ningbo Phase III Terminal, causing an explosion." At the same time, the person said that the container was loaded at a constant temperature, but due to the high temperature in Ningbo recently, whether there was improper operation that caused the temperature to rise remains to be investigated. (Times Weekly)

[Jiang Xiaobai responds to the apology from Tian Quan, the anchor of Oriental Selection: We do not accept it and will further safeguard our legitimate rights and interests] On the evening of August 9, Jiang Xiaobai Liquor Industry issued a statement regarding the apology letter from Tian Quan, the anchor of Oriental Selection, saying, "The apology letter published by the personal account of 'Oriental Tianquan is a second-hand English teacher' addressed the audience as 'friends' and was not signed or sealed. The attitude of the apology was insincere, and it attempted to cover up the obvious fact that the live broadcast maliciously dragged down and defamed the brand. Our company does not accept this informal form and insincere apology. We will further safeguard our legitimate rights and interests by filing complaints with relevant state departments and taking normal legal actions." (Sina Finance)

[Jiang Xinjie joins Baidu as the number one public relations officer]On August 9, it was officially confirmed that Jiang Xinjie would join Baidu. According to an insider from Baidu, Jiang Xinjie has already taken up his post and will serve as Baidu's PR manager, reporting to Liang Zhixiang, senior vice president of Baidu Group. Jiang Xinjie became famous in the 2001 college entrance examination with "The Death of Red Hare", and was later admitted to Nanjing Normal University. After graduation, he joined China Youth Daily, wrote many investigative articles, and served as the PR manager in many Internet companies. (Bianniushi)

[326 items in the education and training, second-hand and other categories in the video account showcase will be closed]Video Account announced that the Video Account showcase will upgrade some categories from August 22, optimize merchant entry rules, including the opening status of some categories under 26 first-level categories such as clothing and home appliances will be adjusted, and targeted access categories will be more stringent, and some categories will be temporarily closed or closed. Among them, 326 items in categories such as education and training and second-hand will be adjusted from being temporarily closed to being closed. Orders generated before the closure of the category will not be affected, and merchants must continue to provide fulfillment services on the Video Account store platform for users whose orders have not been completed. (Phoenix)

[Nezha Auto responds to vehicle insurance renewal: There is no refusal of insurance]On August 9, in response to recent media reports about the renewal of Nezha Auto vehicles, Nezha Auto issued a statement saying that according to data retrieved from relevant databases, the overall renewal rate of vehicles sold has dropped by more than 8%, which is lower than the industry average. After further verification by all parties, there is no case of insurance companies refusing to insure Nezha Auto brand models. Previously, media reported that recently many Nezha Auto owners reported that they encountered insurance companies refusing to quote or a sharp increase in premiums when renewing their vehicles. In response, the reasons given by insurance companies are mostly that the online car-hailing rate is high and the rates cannot be reduced. (Sohu)

[Xpeng confirms organizational structure adjustment: three new functional areas of AI model development, AI application development, and AI performance development]In July this year, based on China's first mass-produced end-to-end AI large model, Xiaopeng Motors has taken the lead in pushing the "universally useful" intelligent assisted driving XNGP to all cities across the country. Recently, the company has made corresponding organizational adjustments to the autonomous driving department, and newly established three major functional areas: AI model development, AI application development, and AI performance development, aiming to accelerate the evolution of AI capabilities and the AI ​​transformation of the organization, and continue to bring users AI intelligent driving products and experiences that exceed expectations. (Sina Technology)

[Kudy Coffee discloses the charging rules for convenience stores: a 10% service fee is charged for monthly gross profit of 8,000 yuan per store]On August 9, Kudi Coffee disclosed the details of the fees charged for franchised convenience stores. The collection method is divided into two categories and five levels. The first category is single-store cooperation. The minimum service fee is 8,000 yuan in monthly gross profit. A 10% service fee is charged for 8,000-12,000 yuan. Each 4,000 yuan is a level, and each level increases by 5%, which is 15%, 20%, and 25% in sequence. The maximum charge is 30% for more than 20,000 yuan. The second category is franchise cooperation. The minimum service fee is 12,000 yuan in monthly gross profit. Each 8,000 yuan is a level, and each level also increases by 5%. The maximum charge is 30% for more than 40,000 yuan. Compared with the service fee collection ratio of Kudi standard stores, the minimum charge is higher, which is 20,000 yuan in monthly gross profit. For example, stores with a monthly gross profit of 20,000-30,000 yuan will charge a 10% service fee, and the fee will increase in this step. (Interface)

[TikTok and Amazon cooperate: You can shop from Amazon without leaving the short video app]TikTok announced a partnership with Amazon, allowing users to purchase products from Amazon without leaving the short video app. Users will see Amazon product recommendations in "For You" and can link their TikTok account with their Amazon account through a "one-time, safe, fast, and easy" setting. Once the accounts are linked, users can complete their purchases on Amazon through product ads without leaving the TikTok app, achieving a faster and smoother experience. (Sina Finance)

[Gaohip filed for bankruptcy reorganization, and its boss Ding Lei has been restricted from spending many times]According to Qichacha, the People's Court of Yancheng Economic and Technological Development Zone recently made public the pre-reorganization decision of HiPhi Auto's affiliated company Human Horizons (Jiangsu) Technology Co., Ltd. Human Horizons applied for reorganization of the company and also applied for pre-reorganization on the grounds that its assets could not repay all due debts, but it had reorganization value and reorganization possibility. (Shanghai Securities News)

[It is reported online that Yu Chengdong is holding a new triple-folding screen phone. Triumph Technology responded: We are confirming whether the photo is true or not. We are not aware of the situation at present.]On the morning of August 9, several digital bloggers posted photos of Huawei's executive director Yu Chengdong operating a new phone in the cabin on social platforms. The photo shows Yu Chengdong holding a new three-fold screen phone. In this regard, the reporter contacted Kaisheng Technology's investor relations department as an investor. The relevant person said that they have noticed it, but whether the photos circulating on the Internet are true or not, we are also confirming the news and do not have the situation at present. Does the company have three-fold screen technology? The person said that the company and its customers have a confidentiality agreement, and it is not convenient to talk about these related hot issues. Public information shows that Kaisheng Technology's UTG products are currently mainly used in folding screen mobile phones. (Daily Economic News)

[Dong Mingzhu resigns from Gree's medical equipment company]Recently, Chengdu Gree Xinhui Medical Equipment Co., Ltd. has undergone industrial and commercial changes. Dong Mingzhu resigned as the legal representative and chairman, and was replaced by Li Gangfei. Public information shows that Li Gangfei is the assistant to the president of Gree Electric. (Caijing.com)

[KFC starts limiting sauce]Recently, some netizens discovered that KFC has started to limit the sauces. According to pictures provided by netizens, a KFC takeaway bag was marked with "For the KFC products you purchased, we only provide French fries and golden chicken nuggets with a dipping sauce." @东方财经 asked KFC's official customer service, who said, "Golden chicken nuggets come with sweet and spicy sauce and sweet and sour sauce, French fries come with ketchup, and other products currently do not have dipping sauces. If you want additional dipping sauces, you need to discuss it with the restaurant." As for whether French fries can be served with chicken nuggets sauce, the customer service said, "There is no way to give it. French fries now come with ketchup as standard." (Tencent)

[Robot Kuaipao is testing on the road in Jinan? Local authorities: No approval for driverless taxis to be tested on the road]The news that "Carrot is coming to Jinan" has been circulating on the Internet platform recently. It was learned from multiple sources that the "road test vehicle" discussed by netizens has a "Lu Q" license plate, not a local Jinan license plate. From the photos and videos provided by netizens, it can be seen that this new energy vehicle often appears on the Industrial North Elevated Road and Jinan's main urban roads. On the afternoon of August 8, relevant staff from the Jinan Intelligent Connected Vehicle Road Testing and Demonstration Application Joint Conference Office stated that road testing must be approved by the three departments of Industry and Information Technology, Transportation, and Public Security before it can be tested on designated roads. At present, no driverless car test notifications have been received, and no driverless taxi road tests have been approved. (Daily Economic News)

[Two former executives from Google and Oracle join artificial intelligence company CoreWeave]Brannin McBee, co-founder and chief development officer of artificial intelligence company CoreWeave, said Chen Goldberg, who most recently served as general manager and vice president of engineering at Alphabet Inc.'s Google division, will serve as senior vice president of engineering. McBee said Sachin Jain, Oracle's senior vice president of artificial intelligence infrastructure and product management, will serve as chief operating officer. (Sina Finance)

Disney to invest at least $5 billion in UK and Europe over next five years to produce movies and TV showsJan Koeppen, president of Disney Europe, the Middle East and Africa, said that Disney plans to invest at least $5 billion in the UK and continental Europe in the next five years to produce blockbuster movies and TV shows. The success of the movie "Deadpool and Wolverine" shows that superhero movies are still alive and well. (Tencent)

[Botai Automation completes nearly 100 million yuan of angel + round financing]Botai Automation Technology (Shanghai) Co., Ltd., a company that develops self-controlled general-purpose high-end CNC systems, announced that it had completed an angel+ round of financing at the beginning of the year, with a financing amount of nearly 100 million yuan, led by Shida Investment, followed by GGV Capital and Yiyuan Investment, and old shareholder Glory Capital continued to make additional investments. (Rui Beast AnalysisLog in to see more)

[China Resources Beverage IPO reportedly approved by Hong Kong Stock Exchange]It is reported that China Resources Beverage's initial public offering (IPO) has been approved by the Hong Kong Stock Exchange and may raise up to US$1 billion. The report said that the pre-roadshow may be launched as early as the end of August, and the timetable has not yet been finalized. (Interface)

[AI startup Glean is reportedly close to a new round of financing, with a valuation that could increase to $4.5 billion]AI startup Glean is close to a new round of financing, with its valuation expected to double to $4.5 billion from six months ago, according to people familiar with the matter. It is reported that DST Global, a venture capital firm founded by Israeli investor Yuri Milner, is in talks to lead the round. The details of the investment have not yet been finalized and may change. (Rui Beast AnalysisLog in to see more)

【Kuandeng Technology completes B2 round of financing of 100 million yuan】On August 9, according to Kuandeng Technology, Kuandeng Technology has completed a B2 round of financing of 100 million yuan, which was jointly invested by Guangdong Rongtai Capital and Zhejiang Deqing Government Industrial Fund. According to Kuandeng Technology, Kuandeng Technology has currently provided autonomous driving mass production data services to many car manufacturers and supply chains, and has obtained large-scale mass production orders from many companies including BYD, Geely, NVIDIA, Xiaopeng, and Huawei. (Rui Beast AnalysisLog in to see more)

[Yinglai Technology completes RMB 20 million B round of financing]Tangshan Yinglai Technology Co., Ltd. has completed a RMB 20 million B round of financing, with the investment from Dongfang State-owned Assets. The funds from this round of financing will be used to further promote the research and development and production of its laser vision system. Yinglai Technology is a developer focusing on laser vision sensor solutions for industrial robots. Its products include 5 series of laser vision weld tracking systems. Previously, Yinglai Technology had completed its A round of financing.Rui Beast AnalysisLog in to see more)

[Kaiwu Ares releases the world's first "hybrid mining humanoid robot"] According to Kaiwu Information's official Weibo account, Kaiwu Ares released the world's first "hybrid mining humanoid robot" - Ares-X1 on August 8. It is reported that the appearance design of Ares-X1 imitates humans, enabling it to better adapt to the mining environment and complete complex tasks, while improving flexibility and maneuverability. Combining artificial intelligence and big data technologies, Ares-X1 is able to achieve intelligent decision-making and autonomous control, and adjust operating strategies in real time according to task requirements and environmental changes. The company plans to continue to develop innovative technologies closely related to humanoid robots for mining, including intelligent operation optimization models, environmental perception and autonomous obstacle avoidance algorithms, robot health management and maintenance decision support systems, etc., to enhance the robot's autonomous decision-making in mining operations. (NetEase)

[The new generation of BMW Brilliance X3 long-axis version has completed the declaration of the Ministry of Industry and Information Technology: wheelbase 2975mm, new design language]In the "Announcement of Road Motor Vehicle Manufacturers and Products" (386th batch), the new generation X3 long-axis version of BMW Brilliance was unveiled. As a replacement model, the new car adopts a new design language. The iconic double kidney grille adopts an irregular shape, which looks more domineering, and the interior is decorated with vertical and diagonal trims. The car has increased by 110mm on the basis of the standard wheelbase version, reaching 2975mm, which is consistent with the standard wheelbase version of BMW X5. The length, width and height of the new car are 4865/1920/1664mm respectively, and the wheelbase is 2975mm. In terms of power, the car is equipped with a 2.0T turbocharged engine with a maximum power of 211kW. In terms of transmission, it is matched with an 8-speed manual transmission. (IT Home)

[Seres Blue Electric E5 new car completed declaration: 1.5-liter plug-in hybrid power, new front face]The Ministry of Industry and Information Technology announced the 386th batch of new product announcements of the "Announcement on Road Motor Vehicle Production Enterprises and Products", including the new Seres Blue Electric E5. In terms of appearance, the Blue Electric E5 adopts a closed design, a new front face shape, and is equipped with a through-type LED daytime running light. The rear styling of the new car is basically the same as the current model, with a through-type taillight design, hidden exhaust, and the addition of the "Seres-Hubei" logo. The declaration information shows that the size of the new Blue Electric E5 is 4760/1865/1710 mm, with a wheelbase of 2785 mm, which is consistent with the current model, and provides 5-seat and 7-seat layout versions. In terms of power, the Blue Electric E5 is equipped with a 1.5-liter plug-in hybrid system, the engine model is H15R, the maximum power is 70 kilowatts, and the maximum power of the drive motor is 160 kilowatts. Compared with the current model, the maximum power of the new car engine is reduced by 11 kilowatts, and the maximum power of the drive motor is increased by 30 kilowatts. (IT Home)

[Ford Motor launches three co-branded electric bicycles]On August 9, Ford Motor Company announced that it has officially launched three co-branded electric bicycles with bicycle company N+, namely Ford Mustang co-branded electric bicycle, Ford Mustang co-branded electric bicycle, and Ford Mustang 60th Anniversary Limited Edition. The commemorative edition will be sold exclusively through Ford dealers. Currently, both Ford Mustang co-branded electric bicycles have opened pre-sale channels. The vehicles will begin to be delivered in the second half of this year. (Interface)

["Beijing Live Streaming Sales Compliance Guidelines" released]On August 9, the Beijing Municipal Administration for Market Regulation officially released the "Beijing Live Streaming Sales Compliance Guidelines" (hereinafter referred to as the "Guidelines"). The "Guidelines" will further promote the shift of the focus of live streaming sales governance from in-progress supervision and post-event punishment to pre-event prevention, help all participants effectively prevent and resolve compliance risks, fully protect the legitimate rights and interests of consumers, and promote the orderly competition and innovative development of the live streaming sales industry. The "Guidelines" put forward specific compliance requirements for live streaming sales platform operators, live streaming sales room operators, live streaming sales personnel and live streaming sales service agencies one by one in accordance with the relevant provisions of existing laws, regulations and departmental rules, totaling four chapters and 31 articles. (Beijing News)

[China Association of Automobile Manufacturers: Commercial vehicle sales in July were 268,000 units, down 20.4% month-on-month and 6.6% year-on-year]According to data released by the China Association of Automobile Manufacturers, in July, commercial vehicle production and sales reached 256,000 and 268,000 units, down 22.4% and 20.4% month-on-month, and down 10.5% and 6.6% year-on-year, respectively. From January to July, commercial vehicle production and sales reached 2.262 million and 2.336 million units, up 0.4% and 3.5% year-on-year, respectively. (China Economic Net)

[China Passenger Car Association released the July retail sales ranking of new energy manufacturers, with BYD, Geely and Ideal ranking the top three]On August 9, the China Passenger Car Association released the retail sales ranking of new energy manufacturers in July 2024. BYD, Geely Auto, and Ideal Auto ranked in the top three, and Tesla China ranked fourth. (IT Home)