

Group 1 - Geely Auto and Zeekr officially announced a merger, allowing Zeekr shareholders to choose between cash or exchanging for Geely shares as compensation [4] - Li Xiang, CEO of Li Auto, responded to the leak of the interior design of the Li One, stating it disrupted the release schedule and underestimated potential users' curiosity [6] - ByteDance is reportedly developing mixed reality glasses, codenamed "Project P," to compete with Meta's upcoming Phoenix glasses [8] - NVIDIA announced the resumption of H20 sales in China and the launch of a new GPU tailored for the Chinese market [9][10] - Xiaopeng Heavens completed a $250 million Series B financing round, bringing its total financing to approximately 5.4 billion RMB [23] Group 2 - The first foldable iPhone is expected to be priced between $1,800 and $2,000, with a projected profit margin exceeding 50% [37] - ByteDance has reformed its performance evaluation system, emphasizing the "M" rating for stable and good performance, while increasing the incentive range for this category [21][22] - JD Health has opened its first self-operated medical beauty clinic in Beijing, with plans for further expansion [23] - Jianghuai Automobile reported a loss of 680 million RMB in the first half of 2025, attributed to reduced sales and increased competition [28] - Tesla opened its first showroom in India, with the Model Y starting at approximately 499,000 RMB, facing high tariffs [43]