Tencent Launches Hunyuan-T1 Reasoning Model as China AI Race Heats up
"Weilai Xiaoli" quarterly report: Ideal is "far ahead" in the battle for pure electric vehicles, while Xiaopeng and Weilai expect annual losses and hope for profits in the fourth quarter.
① Ideal Autos' revenue in 2024 is 144.5 billion yuan, a year-on-year increase of 16.6%, breaking the 100 billion yuan mark for two consecutive years. ② Xiaopeng Autos' gross margin has significantly improved, with the overall gross margin rising from 1.5% in 2023 to 14.3%. ③ NIO Autos is confident in achieving its profit target for the fourth quarter of this year.
Wang Xing: Meituan's AI strategy is offensive.
① Wang Xing has clearly stated that he is very interested in AI, and Meituan's strategy regarding AI is offensive rather than defensive. ② Data disclosed by the Meituan Research Institute shows that Meituan has contributed 1.4 billion yuan for rider social insurance. ③ Meituan plans to increase its resource investment in overseas markets by 2025 to achieve better development.
Weekend reading | In just six months of vehicle manufacturing, 32 billion was amassed, Xiaomi delivered the strongest Earnings Reports in history.
With the success of car manufacturing, Xiaomi's image has almost undergone a transformation in 2024. The noise around "Xiaomi Autos 0.099 million" before its launch has dissipated, and the average selling price of Xiaomi Autos has exceeded 0.234 million yuan, with a gross margin of 20.4% in a single quarter, surpassing that of its counterpart, which is recognized as a high-end brand in the market.
The game license has arrived in March! Black Myth: Wukong has been approved for the PS5 in the Chinese market, with major titles from Tencent and NetEase gathering around it.
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Zijin Mining Group's revenue has exceeded 300 billion, achieving a historic high. Chen Jinghe: There should be a mindset of preparation for "winter" | Interpretations
① In 2024, Zijin Mining Group's net profit increased by more than 50% to reach 32.051 billion yuan, with revenue exceeding 300 billion yuan for the first time; ② The company's Director, Chen Jinghe, emphasized the need to be prepared for 'winter' in terms of mindset.