Xiaomi's 'end-to-end' smart driving will start internal testing at the end of November, accelerating the development of domestic smart driving.

Lei Jun, Chairman of Xiaomi Group, stated on the 29th that on October 30, Xiaomi autos' nationwide navigation system that can be used in all cities will start full push, while Xiaomi Smart Driving with end-to-end + VLM visual language large model will achieve "spot to spot", with targeted invitation for internal testing at the end of November, and pioneer version push at the end of December.

cls.cnOct 30 08:06

Observations from china spacesat Application Conference: Industry chain gathers from upstream to downstream, attracting attention to satellite internet security solutions.

1. Caixin reporters on-site at the forum and accompanying exhibition, understand the development trends of the satellite industry; 2. Orders have increased significantly compared to last year, with attention to satellite internet security solutions.

cls.cnOct 25 16:42

It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.

①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.

cls.cnOct 18 13:13

The industrial cycle fluctuates and competition is fierce. China spacesat's H1 net profit is expected to drop by more than 90% year-on-year. | Quick announcement reading.

In the first half of the year, china spacesat continued to be under pressure, with rare net income losses in Q1 and Q2 performance, originally the largest contributor to the company's performance, which was also unsatisfactory. China's commercial space industry has entered a relatively rapid development stage, and the demand for satellite industry applications continues to increase, but market competition is constantly intensifying, and the market structure is more complex.

cls.cnJul 8 21:34

Revenue cliff-like decline received regulatory inquiry. ST Navigation stated that this year's operation may continue to lose money.

ST Navigation states that due to large fixed cost expenditures such as personnel salaries, depreciation of factory buildings, and amortization of land use rights, it is expected to continue to operate at a loss in 2024. The company's high-precision and high-reliability inertial navigation systems, acceleration measurement modules and other products currently under research and development, design and production can be used in the commercial aerospace field, and relevant products are being verified according to customer requirements.

cls.cnJul 4 19:26

Exclusive| PingPong responds to the massive fine imposed by the Central Bank: It is aimed at the domestic business of the subsidiary before its acquisition. The original business has now been closed, and all rectifications will be completed by 2022.

① PingPong's exclusive response to the Financial Federation said that the central bank's recent fines were against some irregularities in the domestic payment business carried out by Zhejiang Aerospace Electronics before it was acquired in 2019 and those responsible for operations at the time, and had nothing to do with PingPong's business. ② PingPong began team rectification work after the acquisition was completed in 2021, shut down the original business, and completed all rectification in 2022

cls.cnJun 6 14:20