8:01 Krypton 丨 Adjust the time off to formulate participants' recommendations to reconsider the policy; Wang Huiwen resigned as a director of Meituan for health reasons; The daughter of the general manager of publicity of listed companies won the championship, and was questioned and hyped

Top 3 news

Participants in the policy-making of the leave policy say it should be reconsidered: there is a general dissatisfaction at the moment

News on June 25, Wei Xiaoan, chief expert of the World Tourism Cities Federation, former director of the Department of Policy and Regulation of the National Tourism Administration, and director of the Department of Planning, Development and Finance, said in an interview that after the May Day holiday this year, there was actually only one day off, and everyone was generally dissatisfied. He said that China's holiday system is called the 115-day holiday system, plus weekends, nearly 1/3 of the 365 days a year are on vacation. This structure is not too small in terms of the total amount of time, and it is at a medium level internationally. What is lacking is the implementation of statutory holidays. (Sohu News, Oriental Headlines)

Wang Huiwen resigned as a director of Meituan due to personal health reasons

36Kr learned that Meituan issued an announcement that Wang Huiwen applied to resign as a director of Meituan due to "personal health reasons". Previously, Wang Huiwen has changed from an executive director of Meituan to a non-executive director. In the afternoon of the same day, according to informed sources, Wang Huiwen had health problems since mid-May and had recently temporarily left work and was in a state of recuperation and medical treatment.

The daughter of the general manager of publicity of listed companies won the title was questioned and hyped, Xiamen Municipal Education Bureau: verifying

On the afternoon of June 24, Sanda Membrane Guanwei, a listed company on the Science and Technology Innovation Board, announced that the daughter of the company's general manager Fang Fulin scored 710 points in the college entrance examination, and won the highest score in physics in Fujian Province in 2023. As soon as the news came out, it attracted the attention of netizens and shareholders.

On the morning of the 25th, the upstream news reporter called Sanda Membrane Environmental Technology Co., Ltd., and the company's board secretary and securities affairs representatives all said that they were not aware of the matter, and the student's school also said that it did not pay attention to the matter. The Xiamen Municipal Education Bureau said that the relevant departments were verifying the situation of the students mentioned in the article with the company. (Upstream News)

Big company/big event

In 2023, the total box office of the Dragon Boat Festival will exceed 900 million

36Kr learned that according to the real-time data of Lighthouse Professional Edition, as of 21:33 on June 24, the total box office of the 2023 Dragon Boat stall (June 22-June 24) exceeded 900 million, entering the top two in the total box office of the Dragon Boat File in Chinese film history, with a total of 22.250 million moviegoers and a total of 1.282 million screenings.

The Adidas Douyin operator was fined 200,000 yuan for false propaganda

Recently, Shanghai Boguan Ruisi E-Commerce Co., Ltd. was fined 200,000 yuan by the Xuhui District Municipal Supervision Bureau for false or misleading commercial promotion. The reason for the punishment shows that from April 1, 2022 to March 31, 2023, the parties were entrusted by Adidas Sports (China) Co., Ltd. to operate the live broadcast operation activity of the Douyin store "adidas official flagship store". In the December 2022 live broadcast event, the parties had repeatedly advertised that consumers could enjoy discounts after lighting up the lights (requiring consumers to spend a dime) and joining the fan group, but the actual verification confirmed that consumers can get the same discount regardless of whether they light the sign and join the fan group. (Signal Finance)

Huawei Supply Chain Company: It has supplied Huawei Mate 60 high-end flagship mobile phone

It was learned from Huawei Supply Chain that the company has supplied Huawei Mate60 high-end flagship mobile phones. According to reports in early June, Huawei has recently raised its 2023 mobile phone shipment target to 40 million units, and Huawei set this target at the level of 30 million units at the beginning of the year. According to market research institute Omdia, Huawei mobile phone shipments will be 28 million units in 2022. (China Securities News)

Evergrande's Hong Kong headquarters building was renamed as a company of Jack Ma

On June 23, Yunfeng Financial, a Hong Kong listed company, issued an announcement on the change of the name of the building where the registered office and principal place of business are located. According to the announcement, the name of the building of Yunfeng Financial's registered office and principal place of business was changed from "China Evergrande Center China Evergrande Centre" to "YF Life Centre", pursuant to which the company's registered office address and principal place of business were updated to Room 1803-1806, 18/F, MassMutual Insurance Centre, 38 Gloucester Road, Wan Chai, Hong Kong, with effect from 23 June 2023. Except for the change of name of the building, the physical location of the company's registered office and principal place of business remains unchanged.

According to public information, Vantone Insurance belongs to Yunfeng Financial, a subsidiary of Jack Ma and Yu Feng. On August 18, 2017, Yunfeng Financial Group announced that it had partnered with Ant Financial, the Government of Singapore Investment Corporation and other institutions to acquire MassMutual Asia, which is responsible for Hong Kong and Macau in the United States, for HK$13.1 billion. In November 2018, Yunfeng Financial Group officially completed the acquisition of 60% equity interest in Vantone Asia from Vantone International. (Daily Economic News)

Himalaya became an Apple podcast certified hosting platform

36Kr learned that Himalaya, Chinese podcast platform, announced that it will become an Apple podcast certified hosting platform from now on. As of press time, Himalaya is the only certified podcast hosting platform for Apple Podcasts in Chinese mainland. It is understood that Himalaya, as a domestic podcast creator hosting platform, currently hosts more than 26,000 podcast albums, and the number of podcast users Chinese platform also exceeds 160 million. With this cooperation with Apple Podcasts, Himalaya will promote the development of the Chinese podcast ecosystem by providing more complete hosting services.

TikTok is reportedly forming partnerships with U.S. warehouses seeking to compete with Amazon and Temu

On June 23, TikTok established a partnership with US warehouses to ensure that products sold on its app can smoothly reach consumers, aiming to compete with Amazon and Temu. TikTok has signed agreements with outside logistics companies that lease and operate warehouses to store inventory, pack and ship orders for sellers, rather than building its own warehouse network, people familiar with the matter said. It is reported that TikTok is currently testing fulfillment services with US sellers. (Interface News)

PwC Global takes over its Australian company and changes CEO

PwC's global leaders have reportedly taken control of the Australian company at the center of the tax scandal and replaced its chief executive. Justin Carroll, chairman of the company's governance committee, was quoted as saying Kevin Burrows would move from Singapore to Sydney to replace Kirstin Stubbins as CEO. The company also plans to sell its government advisory arm to private equity investor Allegro Funds for $1. (Interface News)

Cathay Pacific Chief Executive Officer Lam Siu Po: 200 to 300 cabin crew will be recruited on the mainland this year

It is reported that Cathay Pacific cabin crew were accused of discrimination against non-English speaking passengers earlier, resulting in the dismissal of 3 flight attendants. Cathay Pacific Chief Executive Lim Siu Po said details of recruiting cabin crew on the mainland are being planned, which are expected to start in July and will be recruited nationwide, but hope they serve flights departing from Hong Kong, tentatively expect to recruit 200 to 300 people this year, and will continue to expand the number in the future. (Interface News)

Li Ka-shing's Changshi Group wants to win 30 billion yuan seaview project? People close to Longguang responded: The news is true

It is reported that "Li Ka-shing's Changshi Group wants to win 30 billion yuan of seascape projects". According to online news, Changshi has contacted HSBC and hopes to take over the corresponding debt of the Hong Kong "Kaiyue" project jointly developed by KWG Pacific and Longguang, which is a mortgage loan of about 10.2 billion yuan held by syndicates such as HSBC and Standard Chartered. People close to Longguang responded: "The above news is true, the claim of 'Kaiyue' is within the scope of the planned restructuring of the two companies, and if the claim is transferred to Changshi Group by the syndicate at this moment, the company is worried that Changshi will oppose the debt restructuring and force the project to embark on the road of auction transfer, which will eventually lead to the project changing owners." (China Securities News)

Japan plans to issue a new version of banknotes in July next year, updating the pattern after nearly 20 years

According to reports, Japan's Ministry of Finance and the central bank are coordinating the issuance of new banknotes of 10,000 yen (about 500 yuan) and other denominations as soon as July 2024. The new 10,000-yen note features a portrait of industrialist Eiichi Shibusawa, known as the "father of Japanese capitalism," on the obverse. This is the first time since 2004 that the banknote pattern has been updated. The matter will be announced shortly. (Interface News)

Musk: After a major adjustment, the chances of another successful test launch of SpaceX "Starship" have greatly increased

On June 24, Musk said that after the first test launch failed in April, SpaceX had implemented "far more than 1,000 adjustments" to the Starship. He noted that SpaceX has changed the way the vehicle operates to orbit, and the chances of another test launch are greatly increased, "maybe 60 percent, depending on how well we do with the separation between stages." Musk revealed in a Twitter audio conversation with Bloomberg senior reporter Ashlee Vance that investment in the Starship project could approach $3 billion this year. (Interface News)

Tier IV began selling self-driving EV buses, which were purchased from BYD

Japanese autonomous driving software company Tier IV has reportedly developed its own pure electric (EV) bus, which went on sale on June 21. The company is expected to purchase vehicles from BYD and install sensors to support autonomous driving, and the sales price is expected to be 50 million yen (about 2.5 million yuan). (Interface News)

TikTok e-commerce is expected to reach $15 billion in GMV in Southeast Asia this year, far exceeding last year's performance

TikTok CEO Zhou Shou Capital met with Indonesian Trade Minister Zurkifli Hassan earlier this month and pledged to invest $10 billion in Indonesia over the next 2 to 5 years. TikTok Shop's e-commerce sales in Indonesia this year will more than double from last year's $2.5 billion, according to people familiar with the matter. According to industry estimates, TikTok Shop's total merchandise transaction volume (GMV) across Southeast Asia is expected to reach $15 billion this year, up from $4.4 billion last year, and account for the majority of its global e-commerce business. (Interface News)

IBM is planning to buy software company Apptio for up to $5 billion, or reach a deal by the end of this week

News on June 24, people familiar with the matter said that IBM is in deep negotiations on the acquisition of software company Apptio, seeking to expand in the field of automation technology. It is reported that the two sides are discussing a price between $4.5 billion and $5 billion, which could reach an agreement by the end of this week. Founded in 2007, Apptio sells online services that help companies manage information technology budgeting, forecasting and analytics. Apptio is currently owned by private equity firm Vista Equity Partners. (Interface News)

TSMC's Kumamoto plant's production capacity is in short supply, and outsourcing orders for packaging and testing will increase

According to media reports, Sony revealed that TSMC's new Kumamoto plant capacity cannot meet demand, and is discussing with TSMC the possibility of investing in a second factory in Japan. TSMC Kumamoto mainly produces CMOS sensing elements for Sony, and Sony believes that the plant's capacity is in short supply and needs more capacity, which means that the number of orders for outsourcing in the latter part of the packaging and testing will increase simultaneously. (CaiLian News)

Tesla's first "supercomputer" may go into production in July

The Tesla AI team posted a product progress timeline for Tesla's custom supercomputer platform Dojo on Twitter, saying that the computer will go into production in July this year, and by early 2024, Dojo will be one of the 5 most advanced supercomputers in the world. The industry expects that when the Dojo supercomputer begins to deliver, it may see faster iterations and improvements in Tesla FSD. (CaiLian News)

Amazon and Google announced that they will expand their investment in India

On June 24, Amazon and Google promised to expand investment in India. On Friday, local time, US President Joe Biden and Indian Prime Minister Narendra Modi held talks at the White House with executives of technology giants such as Apple, Microsoft, Amazon and Google. Amazon announced on the 23rd that it will increase its investment in India to $26 billion by 2030. Alphabet CEO Pichai announced that Google will open a global fintech hub in the GIFT City in Modi's hometown of Gujarat. Pichai also said that Google's AI chatbot Bard will introduce more Indian languages. (Interface News)

AI at the forefront

Well-known AI researcher Devlin briefly jumped to OpenAI before returning to Google

According to reports, people familiar with the matter revealed that well-known artificial intelligence researcher Jacob Devlin has returned to his original job. In January, Devlin left Google to join rival OpenAI after complaining internally about how Google was training its chatbot software, Bard AI. (CaiLian News)

Palmfun Technology: The company and Yumi will jointly develop an "AI game creation platform"

36Kr learned that Palmfun Technology said on the interactive platform that the company and Beijing Yumi Interactive Entertainment Technology Co., Ltd. recently reached a business cooperation. By integrating the core technologies and superior resources of both parties, the company and Yumi will jointly develop the "AI Game Creation Platform", aiming to lower the development threshold of open-world games, realize that individuals and small teams can also develop large-scale open-world games, and share game results through the platform to achieve AI+UGC. This cooperation is the company's innovative exploration of the application of AI technology to game creation and game experience. There are uncertainties in the R&D and application progress and future benefits of this cooperation.

Amazon's AWS invested $100 million to establish a generative AI innovation center

Amazon Web Services announces the creation of the Generative AI Innovation Center to help customers build and deploy generative AI solutions. Amazon Web Services is investing $100 million in the center, and Highspot, Lonely Planet, Ryanair, and Twilio are working with the center to explore the development of generative AI solutions. (Interface News)

Investment and financing

"Qingqian Intelligence" completed tens of millions of yuan in angel round financing

36Kr learned that AI inference deployment solution provider "Qingqian Intelligence" announced the completion of tens of millions of yuan in angel round financing. This round of financing is exclusively led by Oasis Capital, and the financing funds will be mainly used for algorithm research and development, product development and team expansion. According to reports, at present, Qingqian Intelligent has launched MLGuider, an inference optimization toolchain for AI models, which adapts and optimizes for the current mainstream hardware environment.

"Lifu Biotech" completed a series B financing of nearly 200 million yuan

36Kr exclusively learned that "Lifu Biotechnology" has recently completed a series B financing of nearly 200 million yuan, led by Guanzi Venture Capital, followed by Zhonglan Venture Capital, Huagai Capital and Zehui Capital, etc., this round of funds is mainly used for the industrial production of furandicarboxylic acid (FDCA) and the construction of a 10,000-ton industrial line. According to reports, Lee Biologics, founded in 2014, is a platform-based high-tech enterprise focusing on the R&D and industrialization production of FDCA, the core monomer furandicarboxylic acid FDCA of bio-based new materials, and its downstream application development and promotion.

Domestic Market Financing Weekly

Last week, more than 80 financing events were disclosed in the domestic primary market, mainly focusing on advanced manufacturing, energy and environmental protection, corporate services, automobile travel and other fields.

The following project set consists of the Top50 projects "most concerned by investors" on the venture capital platform in the past week, involving popular tracks such as advanced manufacturing, enterprise services, energy and environmental protection, semiconductors, metaverse, and consumer e-commerce. If you are interested in a project, welcome to go to the Mini Program and click "Contact" to apply for a matchmaking →

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