What Is A

On June 20, the IPO guidance public announcement system on the CSRC website showed that Yingrun Technology Co., Ltd. and its guiding broker Guotai Junan submitted the 'Completion Report of Guidance Work' to the Shanghai Securities Regulatory Bureau. Yingrun Technology submitted its guidance filing on December 19, 2024, with the guidance work lasting for a year and a half. The company is a fabless semiconductor chip design firm, primarily engaged in the design and supply of high-performance solid-state drive (SSD) controller chips, while also providing SSD and storage system solutions. Its products are widely used in fields such as cloud computing, artificial intelligence, data center management, and intelligent driving.

On June 12, the Hyperliquid HIP-4 prediction market launched new price predictions for HYPE, ETH, and SOL through Outcomes (result contracts). Hyperliquid Outcomes utilizes a fully collateralized mechanism and a non-linear settlement method, providing users with flexibility akin to options and expanding the strategy space. Additionally, it is natively integrated into the HyperCore chain, sharing full-margin collateral with the platform's spot and perpetual contracts, enabling seamless liquidity interchange and reuse.

On June 11, Liu Liehong, Secretary of the Party Leadership Group and Director of the National Data Bureau, hosted a symposium titled 'Enhancing Data Regulations to Empower AI Innovation' on June 4. Experts from institutions such as Capital Medical University, the National Earth Observation Science Data Center, Higher Education Press, China University of Political Science and Law, Tsinghua University, and University of International Business and Economics, along with representatives from companies like DeepSeek, ByteDance, Alibaba Cloud, and Tencent, provided suggestions on improving the foundational data system and promoting data-driven AI innovation. Xia Bing, a member of the Party Leadership Group and Deputy Director of the National Data Bureau, also attended the meeting. Participants unanimously agreed on the need to balance data development and security, maintain a goal-oriented and problem-oriented approach, and advance the market-oriented allocation reform of data elements to better meet the needs of AI development. They emphasized the importance of enhancing data-related institutional regulations, building a high-quality data supply system geared towards AI development, further unlocking the value of data elements, and achieving new results in empowering AI innovation through data elements. Key officials from the Bureau's Policy and Planning Department also participated in the meeting.