Latest news with #Hangzhou
Yahoo
11 hours ago
- Automotive
- Yahoo
Zeekr Group Announces May 2025 Delivery Update
HANGZHOU, China, June 1, 2025 /PRNewswire/ -- ZEEKR Intelligent Technology Holding Limited ("Zeekr Group" or the "Company") (NYSE: ZK), the world's leading premium new energy vehicle group, today announced its delivery results for May 2025. In May, Zeekr Group delivered a total of 46,538 vehicles across its Zeekr and Lynk & Co brands, reflecting a 15.2% year-over-year growth and 12.6% increase compared to the previous month. This accomplishment was realized thanks to the trust and support of nearly 1.95 million users. In particular, the Zeekr brand delivered 18,908 vehicles, while Lynk & Co delivered 27,630 vehicles. About Zeekr Group Zeekr Group, headquartered in Zhejiang, China, is the world's leading premium new energy vehicle group from Geely Holding Group. With two brands, Lynk & Co and Zeekr, Zeekr Group aims to create a fully integrated user ecosystem with innovation as a standard. Utilizing its state-of-the-art facilities and world-class expertise, Zeekr Group is developing its own software systems, e-powertrain and electric vehicle supply chain. Zeekr Group's values are equality, diversity, and sustainability. Its ambition is to become a true global new energy mobility solution provider. For more information, please visit Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "future," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to," or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law. Investor Relations Contact In China: ZEEKR Intelligent Technology Holding LimitedInvestor RelationsEmail: ir@ Piacente Financial CommunicationsTel: +86-10-6508-0677Email: Zeekr@ In the United States: Piacente Financial CommunicationsBrandi PiacenteTel: +1-212-481-2050Email: Zeekr@ Media Contact Email: Globalcomms@ View original content: SOURCE ZEEKR Intelligent Technology Holding Limited
South China Morning Post
a day ago
- General
- South China Morning Post
China flight turns back after smoke found coming from camera battery, power bank
A China Southern Airlines flight from Hangzhou to Shenzhen was forced to return to the airport 15 minutes after take-off on Saturday after the crew found smoke coming from a passenger's camera battery and power bank. According to a social media post by the airline, the camera batteries and power bank of a passenger on board flight CZ6850 started to produce smoke soon after taking off. 'The crew handled it properly and quickly eliminated the safety risk . To ensure safety, the flight immediately returned to the airport, and landed safely 15 minutes after take-off,' the airline said. The company reminded passengers to strictly abide by civil aviation safety regulations and to properly carry and use batteries and power banks. It also promised to help affected passengers. According to a video clip posted by Beijing Youth Daily, the cabin was filled with thick smoke. Some passengers were passing bottles of water to a flight attendant who was trying to put out the smoke and calm the passengers. Hong Kong's Civil Aviation Department banned the use of power banks during flights starting on April 7. Passengers should keep power banks under their seats or in the pocket in front of them, as they are no longer allowed to store power banks in overhead compartments. However, the Hong Kong aviation regulator stopped short of outright banning the batteries from carry-on luggage.
Time of India
a day ago
- Sport
- Time of India
At Asian Athletics Championships, India's gold rush continues
Indian athletes continued to make waves at the Asian Athletics Championships on Friday. Long distance runner Gulveer Singh, high jumper Pooja and heptathlete Nandini Agasara shone bright to win gold medals on the penultimate day of the meet in Gumi, South Korea. Parul Chaudhary claimed silver in a national record time of 9:12.46s in women's 3,000m steeplechase. After Friday's show, India held on to its second position in the medals tally with eight gold, seven silver and three bronze for a total count of 18. China is on top with 26 medals — 15 gold, 8 silver and 3 bronze. GULVEER DOES A DOUBLE One of the first gold medals for India came through Army runner Gulveer, who clocked 13:24.77s in the men's 5,000m event to beat Qatar's Mohamed Al-Garni's Asian championships record of 13:34.47s set in 2015. Gulveer, a Hangzhou Asian Games bronze medallist, ran a measured race to become the first Indian in the ongoing edition of the Asian meet to win back-to-back gold. The 26-year-old had won the men's 10,000m gold on the opening day. 'My goal in Gumi was to win the first position in both 5,000m and 10,000m. Though the weather conditions weren't ideal during both events, I stuck to my plan of achieving a good timing,' he said. Thailand's Kieran Tuntivate was close second with a timing of 13:24.97s, while Japan's Nagiya Mori finished third clocking 13:25.06s. Another Indian in the fray, Abhishek Pal, came sixth with a timing of 13:33.51s. POOJA CREATES HISTORY Haryana mason's daughter Pooja created history after becoming only the second Indian woman to win gold in high jump at the Asian level. Bobby Aloysius had won gold way back in 2000, followed by a silver in 2002 edition of the continental meet. The promising 18-year-old cleared the bar at 1.89m to post a personal best and win the country's second gold of the day. She tried to raise the bar but wasn't able to clear 1.92m in all three attempts. 'It was a good day for me as I was among the champions at the senior continental level,' Pooja said. NANDINI 3RD INDIAN WOMAN HEPTATHLETE TO WIN GOLD India's third gold came through Nandini Agasara, who scored a come-from-behind win over China's Liu Jingyi to claim a sensational top podium finish in heptathlon. The Indian was trailing her Chinese rival by 54 points ahead of the 800m, and made a stunning comeback to secure a total of 5941 points. Jingyi finished second with 5869 points, while Chinese Taipei's Cai Juan Chen came third accumulating 5608 points. Nandini became only the third Indian woman to win an Asian heptathlon gold after Soma Biswas (2005) and Swapna Barman (2017). PARUL REWRITES 3000M STEEPLECHASE NATL RECORD Parul Chaudhary had a good run in women's 3,000m steeplechase, improving the national record to 9:12.96s enroute her silver finish. 'My race strategy was to stay with the leading runner (Norah Jeruto Tanui of Kazakhstan). I tried my best but she surged ahead in the final lap. I am happy to have improved the national record,' Parul said. MEN'S 4X100M RELAY TEAM DISQUALIFIED It was a bad day for the men's 4x100m relay team — Manikanta Hoblidar, Amlan Borgohain, Rahul Kumar and Pranav Gurav — as they were disqualified during the heats for baton exchange outside the zone.
South China Morning Post
2 days ago
- Business
- South China Morning Post
Unitree Robotics changes to joint stock limited company, fanning IPO speculation
China's top humanoid robot start-up Unitree Robotics has converted into a company limited by shares, a move that has fanned speculation around its public listing plans, as Chinese robotics firms rapidly expand amid the country's fervour for the artificial intelligence (AI)-enabled machines. Advertisement Unitree has changed from a limited liability company into a joint stock limited company, an equivalent to a company limited by shares, according to records on Chinese corporate database Qichacha published on Thursday. In a letter to business partners, the company said the move was 'due to company development needs', according to a report by the state-run Chinese news outlet Securities Times. A robot dog from Unitree is seen at Zhejiang Overseas Talent Innovation Park in Hangzhou, China, April 23, 2025. Photo: Dickson Lee A joint stock limited structure lets a company issue and transfer shares, allowing it to raise more capital as it scales up its operations. Chinese media outlets have called Unitree's restructuring a move that paved the way for its initial public offering. Hangzhou-based Unitree did not immediately respond to a request for comment. During Hong Kong chief executive John Lee Ka-chiu's visit to Hangzhou in April, Unitree founder and CEO Wang Xingxing reportedly told him that a listing in Hong Kong was a possibility. Advertisement
Yahoo
2 days ago
- Business
- Yahoo
Chinese AI start-up DeepSeek pushes US rivals with R1 model upgrade
By Brenda Goh and Eduardo Baptista SHANGHAI/BEIJING -Chinese artificial intelligence startup DeepSeek released the first update to its hit R1 reasoning model in the early hours of Thursday, stepping up competition with U.S. rivals such as OpenAI. DeepSeek said via developer platform Hugging Face that R1-0528 was a minor version upgrade of R1 that nevertheless significantly improved its depth of reasoning and inference capabilities, including better handling of complex tasks, bringing its performance closer to OpenAI's o3 reasoning models and Google's Gemini 2.5 Pro. The launch of R1 in January went globally viral, sent tech shares outside China plummeting, and challenged the view that scaling AI requires vast computing power and investment. Since R1's release, Chinese tech giants like Alibaba and Tencent have released models claiming to surpass DeepSeek's. Thursday's update was initially light on details in contrast to the launch of R1 in January which was accompanied by a multi-authored academic paper that the AI community worldwide has parsed to understand the firm's strategies. The Hangzhou-based firm said later in a short post on X that R1-0528 featured improved performance. In a longer post on WeChat, DeepSeek said the rate of "hallucinations", false or misleading output, was reduced by about 45-50% in scenarios such as rewriting and summarizing. It said the update also enabled it to creatively write essays, novels and other genres, and had improved capabilities in areas such as generating front-end code and role-playing. "The model has demonstrated outstanding performance across various benchmark evaluations, including mathematics, programming, and general logic," DeepSeek said. DeepSeek's success has upended beliefs that U.S. export controls were holding back China's AI advancements, after it released AI models that were on a par or better than industry-leading models in the United States at a fraction of the cost. The startup added on Thursday that a variant of its update was created by taking the reasoning process used by the R1-0528 model, to then further enhance Chinese tech giant Alibaba's Qwen 3 8B Base model, a process known as distillation. The result was a performance surpassing the original Qwen 3 model by over 10%. "We believe that the chain-of-thought from DeepSeek-R1-0528 will hold significant importance for both academic research on reasoning models and industrial development focused on small-scale models," DeepSeek added. Bloomberg reported the update on Wednesday. It said that a DeepSeek representative had told a WeChat group it had completed what it described as a "minor trial upgrade" and that users could start testing it. In response to competition from Deepseek, Google's Gemini has introduced discounted tiers of access while OpenAI cut prices and released an o3 Mini model that relies on less computing power. Deepseek is still widely expected to release R2, a successor to R1. Reuters reported in March, citing sources, that R2's release was initially planned for May. DeepSeek also released an upgrade to its V3 large language model in March.
