news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

Large companies:

LONGi Green Energy established Longsheng New Materials Technology Co., Ltd. in Yinchuan

36Kr learned that Aiqicha App showed that Yinchuan Longsheng New Materials Technology Co., Ltd. was established recently, with Hao Kai as the legal representative and a registered capital of RMB 7 million. Its business scope includes new material technology research and development, new material technology promotion services, technical glass product sales, technical glass product manufacturing, graphite and carbon product manufacturing, graphene material sales, etc. Shareholder information shows that the company is wholly owned by Longi Green Energy Technology Co., Ltd.

Germany's plan to provide 5 billion euros in subsidies to TSMC wafer joint venture gets EU approval

The European Union approved Germany's plan to provide 5 billion euros ($5.5 billion) in subsidies to TSMC to help the company build a wafer fab in eastern Germany with Infineon Technologies, NXP Semiconductors and Robert Bosch. The German subsidies "will strengthen Europe's semiconductor production capacity, help us achieve our green and digital transformation, and create opportunities for high-skilled jobs," EU Competition Commissioner Margrethe Vestager said in an emailed statement.

Xinxuan's "818 E-commerce Festival": Single-session sales exceeded 10 million orders

36Kr learned that on August 18, Xinxuan launched a special live broadcast for the "818 E-commerce Festival". This live broadcast covered multiple categories such as personal care and beauty, clothing, mobile phones and digital products, daily necessities, fresh food, home appliances, maternal and child products, and nearly 300 products. Data showed that the total sales of the entire live broadcast exceeded 10.96 million items.

NIO releases battery swap plan for all counties: battery swap will be available in all counties across the country by 2026

36Kr learned that according to the official Weibo of NIO, NIO officially released the plan of charging in all counties, which is divided into two parts: charging in all counties and battery swapping in all counties. Before June 30, 2025, 14 provincial-level administrative regions including Beijing, Shanghai, Guangdong, Jiangsu, Zhejiang, Anhui, Hubei, Shandong and more than 1,200 county-level administrative regions will complete battery swapping in all counties; before December 31, 2025, 13 additional provincial-level administrative regions including Hunan, Hebei, Shaanxi, Guangxi, Yunnan, Guizhou, Jiangxi, Hainan, Shanxi and other 13 provincial-level administrative regions will complete battery swapping in all counties. Starting from 2026, NIO will tackle the construction of battery swapping stations in the remaining provincial-level administrative regions.

Panasonic reportedly to cooperate with Subaru and Mazda to build electric vehicle battery production base

Panasonic Holdings has reportedly reached final arrangements to partner with Subaru and Mazda to establish an electric vehicle battery production base in Japan.

Black Myth: Wukong is online, with nearly 400 million sales and may have paid back

On August 20, the domestic 3A game "Black Myth: Wukong" was officially launched. The hot sales data released by Steam showed that "Black Myth: Wukong" has topped the sales volume in China in the week from August 6 to August 13. According to the national game sales list, from the start of pre-orders to July 13, the game's sales reached 1.2 million, with sales of nearly 400 million yuan. Previously, Feng Ji, the founder of Game Science, revealed that the development cost of the game's players' experience per hour is about 15 million to 20 million yuan. The team estimated that the overall game time will reach more than 15 hours, and the actual development time is more than 1.5 times this time. If calculated in this way, the R&D cost will be at least 400 million yuan. Compared with the current sales, the game may have paid off.

Black Myth: Wukong has over 1 million online players

36Kr learned that the domestic game "Black Myth: Wukong" was officially launched at 10 am today. As of 11 am, the number of concurrent online players on the Steam platform reached 1.045 million, surpassing "CS2" to top the Steam hot list.

GAC Aion Changsha plant will be completed and put into production

36Kr learned that according to the Changsha Economic Development Zone, GAC Aion Changsha Intelligent Ecological Factory will be completed and put into production on August 21, with an annual production capacity of 200,000 new energy vehicles. GAC Aion Changsha Branch was registered and established in Changsha Economic Development Zone in October 2023 and construction started.

Problems were discovered during the first test flight, with cracks appearing in the structure of the Boeing 777X passenger aircraft

Boeing discovered cracks in the structure of the 777X during its first test flight on August 19. The company said it would ground its test fleet to replace the faulty part and find out the cause of the problem. The company said the part is a structural part between the engine and the fuselage, and it has notified federal regulators and customers of the situation. Boeing has 540 orders for the new aircraft, which are scheduled to start delivery in 2025. It is not clear whether the problem will affect the delivery date of the aircraft.

General Motors to lay off more than 1,000 software engineers

According to reports, people familiar with the matter said that General Motors will lay off more than 1,000 software engineers to streamline its software and service departments. It is understood that the number of layoffs in Michigan, USA will exceed 600. General Motors said in a statement: "In the process of building the company's future, we must simplify processes, pursue speed and excellence, make bold choices, and prioritize investments that will have the greatest impact. Therefore, we will lay off certain teams in the software and service departments. We thank those who have helped the company build a strong foundation and enable General Motors to move forward." The statement did not specify the number of layoffs.

New Products:

GM releases GMC Yukon All-Terrain 4WD Ultimate SUV

General Motors is expanding its high-end GMC Yukon SUV lineup. As part of its large SUV model refresh for the 2025 model year, the company has released the All-Terrain 4WD (AT4) Ultimate GMC Yukon SUV model. The new All-Terrain 4WD Ultimate Yukon SUV model is positioned between the luxury "Denali" and "Denali Ultimate" models.

Investment and Financing:

Huawei and Avita Technologies sign investment agreement

On August 20, the signing ceremony of the comprehensive strategic cooperation between Huawei and Changan Automobile and Avita's investment in Yinwang was held in Chongqing. Avita Technology will officially invest in Yinwang Intelligent Technology Co., Ltd., holding a 10% stake, and jointly support the company's future development with Huawei. Yu Chengdong, Huawei's executive director, chairman of the terminal BG, and chairman of the intelligent vehicle solutions BU, said: "Huawei will continue to fully support Yinwang in creating leading products and technologies and becoming a leader in automotive intelligent components and solutions. At the same time, it will also support Avita to become a leading high-end smart electric brand."

Hangzhou Bosheer Trading Co., Ltd. received tens of millions of Pre-A round financing

36Kr learned that recently, Hangzhou Bosheer Trading Co., Ltd. announced the completion of a Pre-A round of financing of 10 million yuan. The investor in this round is Changzhou Jiayi Zaide Venture Capital Center. This round of financing will be used for technology upgrades, product innovation, expansion of production and sales scale. At the same time, it will further improve the Internet of Things function of the product, realize the remote control, intelligent monitoring, data analysis and other functions of the product, and actively apply artificial intelligence technology.

Southeast Asian digital bank "YUP" completes over US$30 million in Series B financing

36Kr learned that Southeast Asian digital bank "YUP" recently completed a round B financing of more than 200 million yuan (30 million+ US dollars), led by Hong Kong venture capital firm MindWorks Capital, and co-investors include XVC, SWC Global, Richen Pioneer and Antao Capital. The funds from this round of financing will be used to further expand the user base, expand the market, and participate in local banking licenses.

Today's Viewpoint:

Yuan Bingsong responded to "lost contact": As the founder of Lai Dian, I cooperated with the investigation and made a comprehensive statement

Regarding the claim of "lost contact" and the loss of state-owned assets during the cooperation between Lai Dian Technology and the state-owned assets of Pujiang County, Zhejiang Province, Yuan Bingsong said that he had transferred all the shares of Lai Dian Technology in August 2021. "As for whether there is any state-owned assets circulating, the judicial authorities of Pujiang County have filed a case for investigation, involving seven or eight people. As the founder of Lai Dian, I cooperated with the relevant departments in the investigation and made a comprehensive statement of what I know. I believe there will be a fair conclusion."

Other news worth noting:

The list of domestic AI apps in July is released: Jianying, ChatGPT, and Meitu Xiuxiu have achieved monthly active users exceeding 100 million

36Kr learned that Feifan Research and Development released the TOP50 usage list of domestic AI App products in July 2024: Jianying ranked first with 8.546 billion usages, Meitu Xiuxiu ranked second with 2.127 billion usages, and Doubao ranked third with 684 million usages. In addition, judging from the active user data on the App side, Jianying, ChatGPT and Meitu Xiuxiu all achieved monthly active users of over 100 million.

my country's first independently developed pile-based crude oil export point was successfully put into use

On August 18, China National Offshore Oil Corporation put into operation the first independently designed and manufactured pile-based crude oil export point in my country's Beibu Gulf, and successfully completed the first ship's oil extraction and export operation at the Wushi 23-5 oilfield, marking a new breakthrough in the overall technology of my country's extremely shallow water export points.