Morgan Stanley has released the "China AI 60" list! In addition to Tencent and Alibaba, these companies are also on the list.
The competitiveness of AI in China has shifted from 'catching up in computing power' to 'defining applications.'
Jiangsu Zongyi plans to acquire Jilaiwei to extend the Industry Chain. The target company had previously planned to IPO on the GEM | Read the announcement.
① The company states that this acquisition of Jilai Micro will help focus the company's Global Strategy and strengthen the core industries in the field of Information Technology, while also expanding the company's revenue scale and profitability, enhancing overall operational efficiency, and increasing the company's ability to withstand risks; ② The target company disclosed an IPO prospectus in 2022, reporting a compound annual growth rate of 50% in revenue during the reporting period.
A "bloody foreign object" was found in Shanghai Laiyifen's rice dumplings, and Wufangzhai responded late at night.
① On the night of May 12, Wufangzhai issued a statement in response to the online public sentiment regarding its partner brand Shanghai Laiyifen's "jujube sticky rice dumpling" products, and established a special task force for investigation; ② Previously, a consumer in Jiangsu discovered foreign objects in the Shanghai Laiyifen jujube sticky rice dumpling, and Shanghai Laiyifen has comprehensively removed that batch of products from shelves and provided refunds, exchanges, and additional compensation.
A blood-stained band-aid found in zongzi? Shanghai Laiyifen: An investigation has been initiated and all products from the same batch have been removed from shelves | Quick read announcement.
① In response to the foreign object found in the zongzi, Shanghai Laiyifen stated that it has initiated a full chain investigation process and has fully removed this batch of honey date zongzi products from the shelves; ② From the product packaging, the entrusted processing party for this product is Wufangzhai. A representative from Wufangzhai responded that they are cooperating with Shanghai Laiyifen and government departments in the investigation.
Eating zongzi suspected to contain a bloodied band-aid? Shanghai Laiyifen: Fully recalled, thorough investigation throughout the supply chain.
① Shanghai Laiyifen has launched a full chain investigation into the public sentiment regarding the sweet date sticky rice dumpling products and is communicating with consumers to ensure their rights. ② The company has fully removed this batch of sweet date sticky rice dumpling products from shelves, and consumers can return or exchange them at nearby stores and receive additional compensation.
Chunxue Food: Plans to add 0.018 million tons of processing capacity this year and will gradually attempt to expand the brand overseas | Highlights from the Earnings Conference.
① The market for white feather chickens in 2024 is relatively sluggish; however, Chunxue Foods achieved profitability by actively expanding overseas markets and controlling costs. ② Chunxue Foods' Director Zheng Weixin stated that in 2025, the company will gradually attempt to expand its brand, sales business, and product research and development overseas.