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Xinhuanet Co., Ltd. (603888.SH): Conducted close contact and access testing on some mainstream open-source and closed-source large models in the domestic market.
On February 11, Gelonghui reported that Xinhuanet Co., Ltd. (603888.SH) stated on the interactive platform that it is actively participating in the research and exploration of industry applications for large models. It has closely engaged with and conducted integration testing of several mainstream domestic open-source and closed-source large models, integrating various innovative applications to assist in the intelligent upgrade of content editing and dissemination, while exploring the development path of digital and real integration based on the Xinhuanet AIGC application enabling platform.
China Cosmetic Association: In 2024, the total trade volume of the Chinese Cosmetic market is expected to reach 1,073.822 billion yuan, a year-on-year increase of 2.8%.
On January 20th, at the "China Cosmetic Association - 2024 China Cosmetic Industry Data Release Conference" hosted by the China Spice and Cosmetic Industry Association (hereinafter referred to as China Cosmetic Association) and jointly organized by Xinhuanet Co., Ltd. and the Industry Research Center of China Cosmetic Association, Dr. Yan Jiangying, chairman of the China Cosmetic Association, released key data and development trends for the China Cosmetic Industry in 2024. Yan Jiangying stated that according to research conducted by the Industry Research Center of the China Cosmetic Association in collaboration with relevant Institutions, the total trading volume of the China Cosmetic market in 2024 is expected to reach 1,073.822 billion yuan, marking a year-on-year growth of 2.8%. Meanwhile, based on online trading.
Xinhuanet`s Unit Comits 30 Million Yuan to Form Investment Partnership
Xinhuanet Co., Ltd. (603888.SH): Yilian Investment intends to invest 30 million yuan to establish Changsha Quanzhong Venture Capital Partnership.
On January 6th, Gelonghui announced that Xinhuanet Co., Ltd. (603888.SH) has established the Changsha Quan Zhong Venture Capital Partnership (Limited Partnership) with multiple parties, and on January 6, 2025, signed the Partnership Agreement for the Changsha Quan Zhong Venture Capital Partnership (Limited Partnership). The total fundraising scale of the Fund is 1 billion yuan, with the first phase of fundraising reaching 0.652 billion yuan, and Yilian Investment, as a limited partner of the Fund, has subscribed 30 million yuan in its own funds, accounting for 4.601% of the subscribed amount for the first phase of the Fund.
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