Big Companies
Securities Daily: Science and Technology Innovation Board IPO Company List will be pre-disclosed today
On March 18, the Shanghai Stock Exchange launched the Science and Technology Innovation Board Stock Issuance and Listing Review Information Disclosure System, and officially accepted the review of the Science and Technology Innovation Board Stock Issuance and Listing Application Document. According to regulations, after the issuer submits an application for issuance and listing to the Shanghai Stock Exchange through the sponsor through electronic documents, the Shanghai Stock Exchange shall make a decision on whether to accept the application documents within 5 working days after receiving the application documents. This means that the list of IPO companies on the Science and Technology Innovation Board submitted on March 18 will be pre-disclosed on the Shanghai Stock Exchange today. (Securities Daily)
Yunji went to the United States to submit an IPO prospectus: revenue in 2018 was 13.015 billion yuan, doubling year-on-year
member e-commerce platform Yunji officially submitted a listing prospectus to the US SEC with the code YJ, and the lead underwriters are Morgan Stanley , Credit Suisse, JPMorgan Chase , and CICC . The prospectus shows that Yunji's GMV in 2016, 2017 and 2018 were 1.8 billion yuan, 9.6 billion yuan and 22.7 billion yuan respectively. In 2018, Yunji's total revenue reached 13.015 billion yuan, a year-on-year growth rate of 101.97% compared with the annual revenue of 6.444 billion yuan in 2017.
Tencent President Liu Chiping : There is no plan to split and list at present
Tencent President Liu Chiping said at the performance meeting: "Although our net cash is a little negative now, I think it depends on our market value. Compared with this market value, it is very strong cash flow. In fact, our net liability is not an impact. As for which split and listing, for the whole We will maintain active attention to the new capital market environment on China, but there are no plans now. We have no plans to split up now. "(Sina Finance)
Musk sent an internal email to urge Tesla employees that delivery is the top priority
Tesla CEO O Elon Musk 5 sent an email to all employees on Thursday, urging employees in all positions to voluntarily assist in completing the delivery work. This move is not uncommon, as Tesla executives, including Musk himself, often call on all employees to help them achieve their quarterly goals. But the company's current employee base has dropped significantly from the fourth quarter of 2018. (Sina Technology) Former executives of China United Airlines joined Luckin as vice president, responsible for strategic cooperation,
Luckin Coffee announced today that Wu Gang, former executive vice president of China United Airlines Co., Ltd., joined Luckin Coffee and served as vice president of the company. He will be in charge of corporate strategic cooperation, be responsible for Luckin Coffee API open platform cooperation and in-depth cross-border cooperation in financial banking, civil aviation, telecom operators and other industries, and report to CEO 4 Qian Zhiya . Wu Gang has served as executive vice president of China United Airlines Co., Ltd. and has worked in civil aviation fields such as Air China, China Eastern Airlines, and China United Airlines for more than 20 years. (Sina Technology)
Hema Fresh CEO Hou Yi: Hema will invest huge investment in Beijing and Shanghai to lay out Hema Small Station
At the 2019 Lianshang.com Conference, Hema Fresh CEO Hou Yi said that Hema will not engage in price wars, but will invest huge market expenses to seize the Shanghai and Beijing markets and lay out Hema Small Station. (Cailianshe)
SF Holdings: The subsidiary issued corporate bonds of no more than 2 billion yuan and was approved by the China Securities Regulatory Commission
SF Holdings issued an announcement stating that its wholly-owned subsidiary Tyson Holdings received an approval from the China Securities Regulatory Commission on March 20, approving Tyson Holdings to publicly issue corporate bonds with a total face value of no more than 2 billion yuan to qualified investors. SF Holdings stated that this company bond issuance method, and the first issue issuance will be completed within 12 months from the date of approval and issuance of the China Securities Regulatory Commission; the remaining bond issuance will be completed within 24 months from the date of approval and issuance of the China Securities Regulatory Commission.
ZTE has reached a cooperation with U Mobile, and will strengthen cooperation in all aspects of 5G
ZTE recently signed a memorandum of understanding with U Mobile at U Mobile headquarters. The partnership between ZTE and U Mobile will prompt both parties to strengthen cooperation in all aspects of 5G, including on-site testing, 5G demonstration and the application of Massive MIMO technology.(Securities Times)
GM announced plans to invest $300 million to build an electric vehicle factory
It is reported that GM will announce an investment of $300 million on Friday to build a Chevrolet electric and autonomous vehicle factory outside the traditional car city of Detroit in the United States. (First Financial)
Yitu Medical and Huawei jointly released the intelligent medical cloud, integrating big data, AI, cloud technology
On March 21, at the 2019 Huawei China Ecological Partner Conference held in Fuzhou, Yitu Medical and Huawei jointly released the major strategic cooperation results - Smart Medical Cloud. Yitu Medical said that this release is the first time that AI medical companies have deeply integrated multiple point-shaped diseases to form a patient-centered scenario-based solution; it is also the first time that AI has been cloud-based and artificial intelligence medical solutions have officially entered the cloud era.
Walmart innovates its e-commerce business, and the chief technology officer announced his resignation
According to Reuters , according to an internal memorandum, Walmart Chief Technology Officer Jeremy King is about to resign. Jeremy King joined Walmart in 2011 and was responsible for improving Walmart's e-commerce technology platform in the United States. Under King's leadership, Walmart has integrated a large number of stores into the online system and has begun to provide a number of convenient shopping services such as online orders in-store, easy return and exchange, and online grocery pickup. (Yiou)
Alibaba Liu Bo: In 2019, it will launch a new Taobao marketing platform
36Kr news, Alibaba Group marketing platform business department General Manager Liu Bo said that in 2019, Alibaba will make the greatest efforts to integrate the three businesses of Juhuasuan, Tiantian Special Sales, and Taobao rush purchases, and launch a new Taobao marketing platform. At the same time, based on this, three goals are proposed: to make the most efforts to sink in 200 cities in China, to create 1,000 industrial belts in China to customize C2M, and to detonate 30,000 Taobao brands.
Investment and Financing
is positioned as "Uber" in the wealth management field. "Meixin Federation" received a C1 round of tens of millions of dollars in financing
yesterday officially announced the completion of a C1 round of financing of tens of millions of dollars, led by BitRock Capital, followed by old shareholders such as Qianshan Capital, Bertelsmann Asia Fund (BAI), South Korea Venture Capital Partners (KIP), and Fupu Capital. This round of financing will be used to improve platform construction, provide higher quality pre-, mid- and post-investment services for wealth management channels, expand the team and service radius, and further invest in the research and development of cutting-edge technologies such as AI.
" Indonesian version Manbang" Kargo completed a seed round of $7.6 million
36 Kr, "Indonesian version Manbang" Kargo Technologies announced that it had completed a seed round of $7.6 million led by Sequoia India, which is one of the largest seed rounds in Southeast Asia. Other investors in this round include 10100 fund founded by Uber founder Travis Kalanick, Agaeti Ventures, Zhen Fund, etc.
entered the AI chip market from touch and voice. "Prinxinchi" received tens of millions of yuan in A round of financing
AI chip company Prinxinchi has completed a round of financing of tens of millions of yuan, and the investor is Volcano Stone Capital. Prinxinchi received angel round investments such as Qinghe Investment and Zhuhai High-Tech Investment in January 2018. Principal is an AI chip company that starts from touch and voice AI chips and provides overall software and hardware solutions for chips and algorithms for smart terminal product solutions such as 3C and home appliances. Specifically, Principal has completely developed its own products in the three aspects of core IP, SOC architecture, and algorithms. It currently focuses on two types of products: touch chips and voice chips.
is the "Didi" in the manufacturing industry, and " Cloud Factory " received tens of millions of yuan in A3 financing from Foxconn
online manufacturing service provider "Cloud Factory" received tens of millions of yuan in A3 financing from Foxconn, with strategic investment from Foxconn. This round of financing will be mainly used for R&D and platform operations on the online manufacturing chain. We have reported on cloud factories many times that it integrates self-operated factories and other processing plants into a large "processing resource pool". At the same time, it develops a set of online manufacturing platforms, where customers can upload drawings and other processing materials on the platform. The platform can realize a series of processes such as automated rapid quotations, generation of standardized work orders, and allocate them to suitable factories.
entered the commercial vehicle post-maintenance service market, and "Rui Xiude" completed a 15 million yuan Pre-A round financing
integrated solution supplier for commercial vehicle enterprise diagnosis and repair services, "Rui Xiude" completed a 15 million yuan Pre-A round financing in January this year. This round of financing will be used to increase investment in product technology research and development, upgrade the intelligent diagnosis and repair service system, and strengthen marketing and platform construction. Ruixiude was established in September 2014 and mainly provides integrated solutions for commercial vehicle manufacturers and upstream and downstream enterprises to troubleshoot and repair services. The company hopes to help partners and users improve the efficiency and accuracy of troubleshooting and repair through upstream and downstream linkage, cross-vehicle system integration, vehicle network integration and intelligent diagnosis and repair, and reduce maintenance costs.
New product
Amazon launches the new youth version Kindle, priced at 658 yuan
Amazon has updated its lowest price e-book reader. This new Kindle has built-in adjustable reading light and 6-inch electronic ink touch display, priced at 658 yuan and is priced at 89.99 US dollars overseas. This is the first time Amazon has configured a reading light on a Kindle that costs less than $100.
In addition, the new Kindle version supports font optimization technology, 16-level grayscale, 4GB storage space, body size 160mm x 113mm x 8.7mm, and weight 174 grams. Supports Kindle Format 8 (AZW3), Kindle (AZW), TXT, PDF, unprotected MOBI, PRC and other formats.
Other important news
Beijing Internet Finance Association: Prevent illegal financial activities in the name of "virtual currency" and other variants
36Kr News, the Beijing Internet Finance Industry Association issued a document saying that all relevant institutions and individuals in Beijing, all financial business and activities must be included in the scope of national supervision. Taking "STO" as an example, groups suspected of illegal financial activities and involving such activities will be severely punished, such as expelling, closing website platforms and mobile apps, and revoking business licenses. The association said that it is wary of criminals hyping up tokens under the banner of IFO and IEO, or under the banner of "sharing economy", "token economy", "crowdfunding", "consensus economy", etc., and conducting virtual currency speculation in IMO.
China Mobile Yang Jie: It will implement the 5G+ plan and change the 4G single billing model
China Mobile Chairman Yang Jie pointed out at the performance press conference that China Mobile will make every effort to promote the formulation of 5G standards, the maturity of technology, the application of business, and the construction of the ecosystem. Yang Jie said that China Mobile will focus on "4G changes life and 5G changes society" in the next step, insisting on paying equal attention to the public customer market and the government and enterprise industry vertical fields, and implementing the 5G+ plan. Yang Jie hopes that 5G terminals are multi-mode, multi-frequency and multi-form, and actively explore new business models to change the model of 4G billing mainly based on a single dimension of traffic. (Sina Technology)
Statita: The top 3 payment services in China in 2018 are , Alipay , WeChat Pay and QQ Wallet
data analysis company Statista released the "2019 Chinese Technology Giants" survey report this week. The results show that among all digital payment services, Alipay ranks first, and WeChat Pay and QQ Wallet ranked second and third respectively. Baidu Wallet and ApplePay ranked fourth and fifth. Statista pointed out that in the field of digital payments, whether online or offline, 60% of respondents said they use digital financial services every day. (Pinwan)