**Hot Topics**

**Meituan Order Refund Issues Trend on Social Media, Customer Service Responds**

Recently, "Meituan order refunds not received" became a trending topic on social media, with multiple users reporting that their order refunds had not been credited to their accounts. In response to user feedback regarding Meituan's "order refund delays," Meituan's official customer service responded late on August 24th, stating that due to a surge in customer service inquiries, they have urgently established a dedicated customer service team to specifically collect, investigate, and track orders reported through various social media channels.

**Cambricon Hits New Highs Again, Stock Price Breaks Through 1,300 Yuan**

AI hardware stocks surged again, with Cambricon reaching new record highs. The stock opened up over 6%, breaking through 1,300 yuan, and was up 7.95% at 1,342 yuan at the time of reporting.

**Xiaomi SU7 Extended Version Exposed, Pricing Could Reach 400,000 Yuan Level**

Recently, multiple bloggers on social platforms have exposed road test images of a new Xiaomi Corp. vehicle model. Some bloggers claim the tested vehicle is the Xiaomi SU7 extended version.

**Tea Brand Responds to Plagiarism Allegations: Confirms Unauthorized Usage**

On August 25th, following posts by multiple bloggers claiming that a tea brand's collaborative notebook with Shanghai Rainbow Chamber Singers plagiarized their works, the company responded confirming there was indeed unauthorized usage of some content. The team plans to establish a dedicated investigation group for comprehensive self-examination and correction, re-reviewing ongoing content and promptly addressing any issues found.

**Major Companies**

**Another Apple AI Team Executive Jumps to Meta, 5 People Previously Poached**

Since beginning high-salary recruitment efforts in late June, Meta, led by CEO Zuckerberg, has successfully recruited multiple top AI talents from competitors like OpenAI and Apple. Apple has been significantly affected, losing 5 employees including key figure Ruoming Pang, who led the foundation model team. According to the latest foreign media reports, Meta continues poaching from Apple's AI team, with another executive recently joining Meta. The latest departure is Frank Chu, Apple's head of cloud AI infrastructure, who led an AI team focusing on cloud infrastructure, training, and search.

**ByteDance Responds to "AI Glasses" Reports: Circulated Information Inaccurate**

On August 25th, following media reports that ByteDance was about to launch an AI glasses product with detailed supply chain information, a ByteDance representative stated that the related product is still in early exploration stages with no release plans. Given the complex upstream and downstream supply chains involved in hardware products, the circulated information is inaccurate, and investors should be aware of risks.

**New Products**

**iPhone 17 Series to Abandon Titanium Metal: Likely Due to Cost Considerations**

According to information from a prominent tech blogger, consistent with previously leaked news, except for the new iPhone 17 Air model, other iPhone 17 series models will abandon titanium metal bodies. Based on previous leaks, iPhone 17 Pro and iPhone 17 Pro Max will adopt aluminum bodies. Compared to titanium, aluminum has lower density, making devices lighter and easier to process and transport, though aluminum performs inferior to stainless steel and titanium in terms of premium feel. The new iPhone 17 series is reportedly set for official release on September 9th, with iPhone 17, iPhone 17 Air, iPhone 17 Pro, and iPhone 17 Pro Max appearing together.

**Xiaomi 16 Series Camera Specs Exposed: 50MP Front and Rear Cameras, Major Leica Enhancement**

According to a prominent tech blogger, consistent with previous leaks, the new Xiaomi 16 series will continue major camera upgrades, featuring a 50MP front-facing selfie camera with significantly improved low-light performance, supporting AF focus, wide viewing angle, and 4K 60fps video recording. The rear camera is also 50MP, with the Xiaomi 16 standard version featuring a 50MP 1/1.3-inch large sensor main camera, while the Xiaomi 16 Pro includes a 50MP 1/1.3-inch ultra-high dynamic range main camera with built-in ToF lens. Leica imaging algorithms have also been significantly enhanced. The Xiaomi 16 standard version will feature upright telephoto, while the Xiaomi 16 Pro will include periscope telephoto. The Xiaomi 16 Pro will adopt a horizontal large matrix camera design resembling the Xiaomi 11 Ultra, containing Leica triple cameras. The new Xiaomi 16 series is expected to debut as early as late September, representing Xiaomi Corp.'s most powerful high-end flagship.