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Real-time News
On January 19th, according to Qichacha APP, Beijing Manifold Space Technology Co., Ltd. recently underwent industrial and commercial registration changes, adding Shenzhen Hubble Technology Investment Partnership (Limited Partnership), a subsidiary of Huawei, as a shareholder. Simultaneously, its registered capital increased to approximately 2.524 million RMB. Qichacha information shows that the company was established in May 2025, with Wu Wei as its legal representative. Its business scope includes the development of basic artificial intelligence software, the development of artificial intelligence application software, and information technology consulting services. Public information indicates that Manifold Space is a company focusing on world models and embodied intelligence.On January 19th, Hongbai New Materials announced that it expects to achieve a net profit attributable to owners of the parent company of -150 million yuan to -110 million yuan in 2025. It also expects to achieve a net profit attributable to owners of the parent company after deducting non-recurring gains and losses of -165 million yuan to -120 million yuan in 2025. The main reasons for the companys poor operating performance during the reporting period are as follows: First, the imbalance between supply and demand in the upstream and downstream of the industry has not improved, and industry competition remains fierce. Although the sales volume of the companys main products has achieved steady year-on-year growth, product sales prices are still at historically low levels. Second, construction in progress was transferred to fixed assets during the period, increasing depreciation and operating costs. Third, related expenses increased during the period, including share-based payment expenses accrued for the implementation of the equity incentive plan and an increase in convertible bond interest accrued compared to the same period last year.The onshore yuan closed at 6.9636 against the US dollar at 16:30 on January 19, up 54 points from the previous trading day.Following the latest tariff threats from the United States, European luxury goods stocks fell 3%, marking their sixth consecutive day of decline and a cumulative drop of 7.3% over the past three days.Ukraines power company DTEK: Its energy facilities in Odessa were "severely" damaged in a Russian nighttime attack.
