Today’s key business developments are outlined below: Qunhe Technology, recognized as the first among the “Hangzhou Six Little Dragons,” commenced its global share offering on April 9 and is set to list on the Hong Kong Stock Exchange on April 17, under the stock code “0068.” During an event on April 8, renowned beauty livestreamer Li Jiaqi announced a two-month hiatus from livestreaming, dispelling retirement rumors and clarifying that his absence is to participate in filming for the show “Paris Partners.” On the evening of April 8, Zhang Xue revealed her intention to auction a replica championship racing car and trophies, with all proceeds earmarked for Li Yapeng’s YanRan Angel Foundation. Tencent Cloud announced on April 9 that, due to a surge in global demand for AI computing power and rising hardware supply chain costs, it would implement a 5% price increase for AI computing power, container services, and Elastic MapReduce-related products, effective May 9. On April 9, MeiYiJia reported progress in addressing tobacco-related operational issues at some of its stores, having completed inspections of 41,061 stores nationwide and terminating partnerships with 606 franchisees exhibiting significant tobacco-related operational irregularities. On April 8 (local time), following a reorganization of its AI team, Meta unveiled its first closed-source model, Muse Spark, which emphasizes scientific reasoning, multimodal tasks, and intelligent shopping. The model demonstrated outstanding performance in multiple benchmark tests, contributing to a more than 6% surge in Meta’s stock price.