Geely Holding Vice President Zheng Xin: The integration of the Battery Business aims for the "elimination race," with the future self-supply ratio of Geely Autos' Cells reaching 30% | Financial Exclusive Interview.

① Geely Holding Group has announced the completion of the strategic integration of its Battery Business, officially establishing a new Battery Industry Group called Ji Yao Tong Xing; ② Geely Holding Group's Vice President and CSO Zheng Xin stated that in the future, the Battery Industry will inevitably concentrate towards the leading players as competition in the Autos industry intensifies. This integration of the Battery Business is essentially aimed at helping Geely win this elimination match.

cls.cn01:12 ET

Xiaomi has launched its first inference open-source large model, Mimo! With 7 billion parameters, it surpasses OpenAI's o1-mini and Alibaba's QwQ-32B-Preview.

Under the same conditions of reinforcement learning (RL) training data, MiMo-7B shows a significantly greater potential in mathematics and coding than other widely used models in the industry, including well-known RL starter models such as DeepSeek-R1-Distill-7B and Qwen2.5-32B.

wallstreetcn00:00 ET

Chinese humanoid robots are seizing a global $5 trillion "big track"!

Morgan Stanley expects that by 2050, a total of 1 billion humanoid robots will be deployed globally, with annual revenue reaching 4.7 trillion dollars, nearly double the total revenue of the top 20 global Auto Manufacturers in 2024. China's policy support, technological advancements, and manufacturing foundation place it in a leading position in the field of humanoid robots, especially in the Hardware supply chain.

wallstreetcnApr 29 08:19 ET

Warren Buffett's 60-Year Legacy: What to Watch for at Berkshire Hathaway Shareholders Meeting?

Moomoo News GlobalApr 29 05:49 ET · Headlines

The market may reach a critical juncture in the short term, with Banks and Electrical Utilities showing repeated activity, and the Technology Sector poised to take off.

Track the entire lifecycle of the main Sector.

cls.cnApr 28 21:20 ET

The pattern of the Chinese smartphone market changed in the first quarter: Xiaomi topped the chart for the first time in ten years, while Apple's market share declined.

① The Analyst believes that the main reasons for Xiaomi's rise to the top are the optimization of its channel system and the national subsidy policy for purchasing devices. ② The overall market fundamentals remain relatively weak, and the shipment volume has not yet recovered to the level of the same period before the pandemic.

cls.cnApr 28 01:10 ET