On June 28, "Oriental Selection Anchor Publicly Expressed Dissatisfaction in the Live Broadcast Room" sparked heated discussions, and the anchor appeared in the Oriental Selection Live Room in the afternoon and responded publicly. "We feel that the company can point out what is not good, and we can say it." He said that the company is indeed on the cusp, these words to colleagues, partners, fans and friends in front of the camera, they may be a little sad to hear these words, but the bad guys who are good at using these for marketing will also use this as an excuse to attack the company, and he has also expressed more than once that he has experienced so many companies, and Dongfang Selection is very good, and I hope everyone will look at this matter rationally. Dunton also said that the team is working very hard to make the company better, and cannot control the direction of the Internet, but what can be done is to do a good job in product and cultural communication. (Sina Finance)
On June 28, Beijing No. 1 Intermediate People's Court announced that the administrator of Zhongzhi Enterprise Group Co., Ltd. submitted an application to this court on June 28, 2024, saying that Zhongzhi enterprises have complex related relationships, wide distribution of property, and huge debts. According to the investigation of the administrator, 247 enterprises such as Zhongzhi Enterprise Group Co., Ltd. and Zhonghai Shengfeng (Beijing) Capital Management Co., Ltd. are highly related and their legal personality is highly mixed, and the cost of distinguishing the property of 248 enterprises such as Zhongzhi Enterprise Group Co., Ltd. is too high, and the bankruptcy liquidation alone will seriously damage the fair repayment interests of all creditors. Therefore, it applied to this court for substantive merger and bankruptcy liquidation of 248 enterprises including Zhongzhi Enterprise Group Co., Ltd. (The Paper)
[Wanda's business management personnel will be relocated? According to sources familiar with the matter, some of Wanda's departments and personnel involved in commercial management business are expected to move from Beijing to Zhuhai by the end of July, while Wanda Group's headquarters and other business departments will continue to work in Beijing. In this regard, people familiar with the matter responded to reporters that only some of the personnel involved in business management were relocated. Zhuhai Commercial Management itself is based in Hengqin, Zhuhai, and this time it is the relocation of departments and personnel related to business management. At present, it is only a tentative plan, and the future may be uncertain. (CSI Taurus)
In an interview with the media, Berkshire Hathaway Chairman and CEO Warren Buffett said that after his death, almost all of his remaining wealth will be donated to a new charitable trust managed by his daughter and two sons. Buffett also made it clear that he would stop donating billions of dollars to the Bill & Melinda Gates Foundation after his death. Warren Buffett has amended his will several times. After seeing the children grow over the years, he made his current plans. Back in 2006, Warren Buffett announced annual donations to the Gates Foundation and four foundations associated with his family, but it has now been decided that donations to these five foundations will only continue while he is alive. (Interface News)
On June 26, Dong Yuhui walked into Luanping County No. 1 Middle School in Hebei Province to give a speech on "Dream Open Class" for the students of Luanping No. 1 Middle School. Dong Yuhui said: "Later, I was very surprised to be seen and liked by everyone, in fact, I think I am quite ordinary, I don't know why everyone likes it." But everyone thinks that this person seems to be able to tell more interesting knowledge or allusions, all because of the books I have read before. Let's think about it, with my appearance, do I have the premise of becoming popular on the Internet, it is impossible. Even at the time of the fire, some media still wrote that Dong Yuhui was a product of capital packaging, and I was thinking that capital was only rich, not sick. Why should he waste it on me, this money can be used for people with a better image. So I also said that the only reason I could figure it out was either good luck or good luck at the same time because I read a few books. (Luanping Media)
[Dong Mingzhu Gree's shareholders' meeting voice: Xiaomi's "air conditioner first" is untrue] Recently, there are some articles and short videos on the Internet saying that the sales of Xiaomi air conditioners have surpassed Gree air conditioners. Dong Mingzhu said at the shareholders' meeting that there have been many rumors fabricated on the Internet recently, and "we are constantly cracking down on fakes." She asked, Xiaomi said that it (air conditioner) ranked first, and it all depends on other manufacturers to make products, what is your technology? "Who is the first, consumers have rods and scales in their hearts". (CBN)
[Lifan plans to acquire Gaohe? Gaohe responded: do not make any evaluation or explanation] On June 28, in response to the rumors of the industry's "Lifan plan to acquire Gaohe", Gaohe Automobile said, "At this stage, it is impossible to make any evaluation or explanation for any transactions and negotiations that have not reached a written agreement." "It is reported that Gaohe Automobile will usher in a receiver - Lifan Technology, which may become the next Celis. (Sina Finance)
[Netizens suggested investigating whether Wang Yanqiu borrowed the account of student Jiang Ping to participate in the competition, Lianshui County: Under investigation] On June 28, it was reported that recently, Jiang Ping, a student at Lianshui Secondary Vocational School in Jiangsu Province, has attracted attention for her results in global mathematics competitions. Regarding netizens' suggestions on investigating "whether Jiang Ping's results in the competition are the result of his teacher borrowing Jiang Ping's registered account to brush scores", the official website of the People's Government of Lianshui County, Jiangsu Province replied to the "Lianshui County-Leadership Mailbox", "We have received the problem you reported and are currently investigating and handling. (The Paper)
[Apple Vision Pro officially released in China] On June 28, Apple Vision Pro was officially launched in China. Before 9 o'clock in the morning, the reporter came to the Apple direct store in Sanlitun, Beijing, and there was no queue at the scene, except for a few "fruit fans" who took the headset, and there were some consumers who came to experience the headset. The reporter noticed that at present, Apple's official website does not provide users with the service of going to Apple retail stores to pick up Vision Pro, and the delivery to Beijing needs to wait until July 3 and 4. According to the clerk, you can only buy it by making an appointment to try it on. When talking about the lack of goods, the clerk said, "It's quite a lot." (National Business Daily)
[Error correction with GPT-4 GPT-4!] OpenAI Launches CriticGPT Model] According to a press release issued by OpenAI on Thursday (June 27), the company has launched a new GPT-4-based model, CriticGPT, to catch errors in ChatGPT's code output. What CriticGPT does is what makes people use GPT-4 to find GPT-4 errors. The model can make critical comments on ChatGPT's response results, thereby helping AI trainers to provide explicit AI assistance to AI trainers for errors found in the process of "reinforcement learning based on human feedback (RLHF)". (Finance Associated Press)
On June 28, the Heytea applet ordered on the order page, and the new light milk tea product "Little Milk Gardenia" that had just been launched has been renamed "Little White Gardenia". At present, Heytea has not issued an official statement to respond to this matter. Recently, Heytea and the Finnish national treasure brand Marimekko jointly launched a new milk tea product "Little Milk Gardenia". However, after the new product was launched, it was accused of playing with homophonic stalks because of its pronunciation, and netizens complained that it was too vulgar and it was embarrassing to order offline. (Oriental Finance & Economics)
According to The Information, OpenAI's AI model sales revenue has surpassed Microsoft's similar business revenue, and its annual revenue from AI models has reached $1 billion. (Interface News)
[It is reported that MediaTek has entered the Samsung flagship machine chain and become one of the main chip suppliers of Galaxy S25] On June 28, it was reported that MediaTek's products have the opportunity to enter the Samsung Galaxy S25 supply chain and become one of the main chip suppliers of the next generation of flagship mobile phones. Samsung's S25 phone will not only use Qualcomm's Snapdragon 8 Gen 4 chip and Samsung's own Exynos 2500 chip, but may also use MediaTek's Dimensity chip in some regions, which is speculated to be MediaTek's Dimensity 9400 chip, which has not yet been announced. (Science and Technology Innovation Board Daily)
On June 28, according to the Financial Times, Bill Gates defended the rapid growth of energy use caused by artificial intelligence systems, arguing that the technology will eventually offset its large electricity consumption. Speaking in London, Gates urged environmentalists and governments to "not be overly concerned" about the huge amount of electricity needed to run new generative AI systems, with big tech companies like Microsoft racing to invest tens of billions of dollars in massive new data centers. Gates said tech companies will pay a "green premium" or higher price on clean energy as they seek new sources of electricity, which could help drive the development of clean electricity. (Interface News)
[Toyota Motor is reported to be considering allowing employees to work four days a week to attract more talent] On June 28, Toyota Motor is reported to be considering allowing employees to work four days a week to attract more talent. If an agreement is reached with the unions, the policy could be implemented as early as this year. (Economic Observer)
[Hyundai Motor will expand the number of R&D engineers and other technical positions by 1,100 from next year to 2026] Hyundai Motor will expand the number of R&D engineers and other technical positions by next year to 2026. In the 10th round of salary negotiations held on June 28, Hyundai Motor and its employers agreed to hire an additional 500 employees next year and 300 employees in 2026, and the company plans to expand the number of hires to 1,100 in addition to the 300 already negotiated. (Oriental Fortune Network)
[Alibaba Cloud announced that it will shut down data center services in Australia and India] Alibaba Cloud announced on its official website on the evening of June 27 that based on the careful evaluation and review of the global infrastructure investment layout plan, Alibaba Cloud has decided to shut down data center services in Australia and India while increasing investment in data centers in Southeast Asia, Mexico and other regions. Since December 2023, Alibaba Cloud has released multiple rounds of notifications and technology migration plans to customers in data centers in Australia and India. According to the above historical notice, Alibaba Cloud's India regional data center will cease service after 24:00 Mumbai time on July 15, 2024, and the Australian regional data center will cease service after 24:00 local time on September 30, 2024, Sydney, Australia. (IT House)
Meta said it would consider blocking all news content from Facebook if the Australian government forces Facebook to pay a license fee to media outlets to display links, in line with the company's decision to implement similar laws in Canada. (Straight Flush)
Apple's iPhone shipments in China rose 40% in May, a slower pace than in April, despite significant discounts at major retailers in the weeks leading up to the June shopping festival. Apple's mobile phone shipments grew in March after a two-month decline in the beginning of the year, and Chinese shipments jumped 52% in April. Part of this is due to the fact that Apple and its Chinese distributors have been slashing promotions since the start of 2024, which will continue until the June 18 shopping festival sale. Prior to this, Apple's latest-generation phone sales had seen double-digit declines. (Sina Finance)
Microsoft's $13 billion deal with OpenAI faces additional scrutiny from the European Union Microsoft's $13 billion investment in OpenAI will be subject to further scrutiny by the European Union's antitrust regulators, who are preparing to investigate its competitors over OpenAI's exclusive use of Microsoft cloud technology. EU Antitrust Commissioner Margrethe Vestager is expected to rule out an investigation under EU merger rules on Friday, instead announcing that regulators will ask more questions about Microsoft's competitors and customers about Microsoft's exclusivity clauses with OpenAI and whether they could have a negative impact on competition. (Straight Flush Finance)
Toyota plans to launch an electric vehicle equipped with an autonomous driving system in China in 2025 According to reports, Toyota plans to launch the first electric vehicle equipped with an advanced autonomous driving system for the Chinese market in 2025. GAC Toyota will launch the Bozhi 3X SUV, the first model to be equipped with this system, which can provide advanced driver assistance functions for parking and navigation on highways and in urban traffic. GAC Toyota is working with Momenta Global to develop the system. (CBN)
On June 28, Dida Travel was officially listed on the main board of the Hong Kong Stock Exchange under the stock code 02559.HK, with CICC, Haitong Securities and Nomura Securities as joint sponsors. As a result, the first share of shared travel in China was officially born. According to the announcement, Dida Travel offered 39.091 million shares globally, including 19.5455 million shares for international offering and 19.5455 million shares for public offering. The final offering price of Tick Travel is HK$6 per share, and the net proceeds of the global offering are approximately HK$182 million (currently approximately RMB170 million). (IT House)
According to the Hong Kong Stock Exchange documents, on June 28, SF Holding Co., Ltd. submitted a listing application to the Hong Kong Stock Exchange, with Goldman Sachs, Huatai International and JPMorgan Chase as the joint sponsors. (Interface News)
On June 28, Ruqi Travel officially launched the IPO of Hong Kong stocks, and will sell 30,004,800 shares globally from June 28 to July 5. Hong Kong offers accounted for about 10% of the total, while international offerings accounted for about 90%. Before the public offering, Ruqi's cornerstone investors included GAC Industry, Pony.ai, WeRide, and Voyager. (Securities Times)
[Shixi Biotech completes tens of millions of yuan in angel + round of financing] Shixi Biotech completes tens of millions of yuan in angel + round of financing. This round of financing was co-led by Beijing Life Park Venture Capital, Tiantu Investment and Yayi Capital, followed by BeiGene Bio Island Innovation Center, with Xiaochi Capital continuing to invest, and Haoyue Capital serving as the exclusive financial advisor. The financing will be used for the research and development of the company's core projects, clinical application and team replenishment. (Smartbeast analysis here to see more)
On June 28, Carl Power, an autonomous driving company incubated by Didi, announced the completion of a 600 million yuan Series A financing, which will be used to accelerate the large-scale application and commercialization of L4 autonomous driving formation technology. In the past year, Carl Power has raised more than 1 billion yuan. (Smartbeast analysis here to see more)
On June 28, AstraZeneca CICC Medical Industry Fund announced that the B round of equity financing of Full-Life Technology Co., Ltd., a radiopharmaceutical treatment company in which it participated, has been completed. The financing will help the Company fast-track the development of its radiopharmaceutical pipeline and the development of drug manufacturing capabilities, as well as optimize its proprietary discovery platform, UniRDC. The financing was co-led by Prosperity7 Ventures, a diversified growth fund of Aramco Ventures, and AstraZeneca CICC Healthcare Industry Fund, with new shareholders Yunjiu Capital, Xia Yan Medical USD Fund and in-system darts Xia Yan Fund and Guanghua Wutong Fund, as well as existing shareholders Cheng Capital, Sequoia China and Jiachen Capital. (Smartbeast analysis here to see more)
Google announced the release of the Gemma 2 large language model for researchers and developers around the world. According to reports, Gemma 2 has two parameter sizes, 9 billion (9B) and 27 billion (27B), and compared with the first generation, its performance is higher, the inference efficiency is higher, and significant security improvements are built-in. According to Google, the Gemma 2 27B is more competitive than its twice-larger counterparts; The performance of the 9B is also at the leading level in its class, outperforming the Llama 3 8B and other open models. (Sina Finance)
[Huawei,Pura70Beidou Satellite Message Edition is here,It's only 100 yuan higher than the ordinary version]6month28day,HuaweiPura70Beidou Satellite Message Edition is officially on sale,12GB+512GB version is priced at 6099 yuan,12GB+1TB version is priced at 7099 yuan,It's only 100 yuan higher than the ordinary version。 It is reported that in addition to the original functions of Pura70, the version on sale this time has added the Beidou satellite message function, which supports sending/receiving satellite messages, not only can you freely edit text but also send picture messages, and when there is no ground network, it can also transmit information more accurately and efficiently. (Upstream News)
On June 28, the Nezha L pure electric version of the SUV was officially launched, with a total of 3 models and a price range of 139,900-162,900 yuan, which will be delivered in July. The new model is equipped with CATL long-life battery cells with a capacity of 68 kWh and a range of 510 km. In terms of appearance, the new car continues the double waistline design of the extended range version, with a length, width and height of 4770/1900/1660mm and a wheelbase of 2810mm. (Bullwhip)
It is reported that the Leap Leap3.0 flagship model Leap C16 was officially launched, divided into two power forms: pure electric and extended range, with a total of 6 versions and a price range of 155,800-185,800 yuan. It is reported that the car is positioned as a medium and large six-seater SUV, with a 2+2+2 three-row layout, equipped with Qualcomm 8295 cockpit chip, OrinX intelligent driving chip, and a standard 800V high-voltage platform. (Oriental Fortune Network)
[Seven departments: strengthen the service of scientific and technological innovation functions such as stocks, new third boards, and regional equity markets, and strengthen policy support for cross-border financing of technology-based enterprises] News on June 28, recently, the People's Bank of China, the Ministry of Science and Technology, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the State Administration of Financial Regulation, the China Securities Regulatory Commission, the State Administration of Foreign Exchange and other seven departments jointly issued the "Work Plan on Doing a Solid Job in Science and Technology Finance". The "Work Plan" puts forward a series of targeted work measures around cultivating a financial market ecology that supports scientific and technological innovation.
Comprehensively strengthen the professional capacity building of financial services, support banking financial institutions to build an exclusive organizational structure and risk control mechanism for science and technology finance, and improve internal systems such as performance appraisal and due diligence exemption. Establish a green channel for the issuance of bonds by science and technology enterprises, and promote the bond issuance and financing of science and technology enterprises from the aspects of financing docking, credit enhancement, and rating. Strengthen the functions of serving scientific and technological innovation such as stocks, the New Third Board, and regional equity markets, and strengthen policy support for cross-border financing of technology-based enterprises.
We will focus on supporting small and medium-sized science and technology enterprises, improve credit and insurance products that adapt to the characteristics of science and technology enterprises in the start-up and growth stages, further promote regional equity market innovation pilots, and enrich the sources of funds and exit channels for venture capital funds. We will build a science and technology finance ecosystem, encourage all localities to form science and technology finance alliances, support exchanges and cooperation between various financial institutions and science and technology intermediary service organizations, and provide diversified relay financial services of "angel investment, venture capital, private equity investment, bank loans, and capital market financing" for science and technology enterprises. (National Business Daily)
[Ministry of Industry and Information Technology: From January to May, the output of smartphones increased by 12% year-on-year, and the output of integrated circuits increased by 32.7% year-on-year] On June 28, the Ministry of Industry and Information Technology reported that from January to May, the added value of the electronic information manufacturing industry above designated size increased by 13.8% year-on-year, and the growth rate was 7.6 and 5.1 percentage points higher than that of the industrial and high-tech manufacturing industries in the same period. In May, the added value of the electronic information manufacturing industry above designated size increased by 14.5% year-on-year. From January to May, among the main products, the output of mobile phones was 620 million units, a year-on-year increase of 10.6%, of which the output of smartphones was 460 million units, a year-on-year increase of 12%; the output of microcomputer equipment was 128 million units, a year-on-year increase of 1.9%; The output of integrated circuits was 170.3 billion, a year-on-year increase of 32.7%. (Straight Flush Finance)
[China Automobile Association: From January to May, a total of 5.987 million Chinese brand passenger cars were sold, a year-on-year increase of 25.2%] On June 28, according to the statistical analysis of the China Association of Automobile Manufacturers, in May 2024, a total of 1.323 million Chinese brand passenger cars were sold, an increase of 4% month-on-month and a year-on-year increase of 20.4%, accounting for 63.7% of the total passenger car sales, and the market share increased by 10.2 percentage points over the same period last year. From January to May 2024, a total of 5.987 million Chinese brand passenger cars were sold, a year-on-year increase of 25.2%, accounting for 61.3% of the total passenger car sales, and the market share increased by 8.2 percentage points over the same period last year. (Beijing News)
[China Academy of Information and Communications Technology: 30.329 million mobile phone shipments in the domestic market in May, a year-on-year increase of 16.5%] On June 28, data from the China Academy of Information and Communications Technology showed that in May 2024, 30.329 million mobile phones were shipped in the domestic market, a year-on-year increase of 16.5%, of which 25.531 million 5G mobile phones, a year-on-year increase of 26.6%, accounting for 84.2% of mobile phone shipments in the same period. (Securities Times)