NEWS
Today’s News
Musk supports Dogecoin ; The former chairman of Gree Real Estate was taken compulsory measures; Bitcoin fell below $18,000; Henan New Fortune Group has been suspected of related crimes for 11 years; ByteDance Education Business Major adjustment; NetEase Onmyoji mobile game responds to controversy; StepN will trace accounts in mainland China; Huayou Cobalt : plans to raise 17.7 billion yuan more; Meta will launch a virtual clothing store Avatars Store...
Characters
Musk supports it Dogecoin
TeslaCEO Elon Musk said on Twitter, "I will continue to support Dogecoin." It is reported that the virtual currency has plummeted across the board recently, and Dogecoin once fell by nearly 10%. As soon as Musk's remarks came out, Dogecoin rose rapidly in the short term, and its 24-hour decline narrowed to 1.2%. In addition, Musk was recently sued by an American Dogecoin investor, claiming compensation of US$258 billion (approximately RMB 1.7 trillion)
The former chairman of Gree Real Estate was taken compulsory measures
Former chairman of Gree Real Estate Lu Junsi was suspected of leaking inside information and was subject to criminal coercive measures by the Shangrao Municipal Public Security Bureau. On the evening of June 16, Gree Real Estate issued a board resolution announcement showing that due to work adjustments, the Gree Real Estate Board of Directors removed Lu Junsi from the position of chairman. On June 17, Gree Real Estate’s share price rose 6.64%. Some investors said that Lu Junsi's dismissal was a good thing for Gree Real Estate in promoting the reorganization with Zhuhai Duty Free. (Yicai)
The co-founder of Youjia Apartment responded to the thunderstorm
Recently, there were reports that the YOU+ apartment exploded, and its subsidiary Youjia Youth Entrepreneurship Community Beijing Suzhou Bridge Community posted a "Notice to all Youjia tenants in Sanyi Temple No. 2 Courtyard" Letter", claiming that the operator owed rent, property fees, late fees and other related expenses, which led to the termination of the original lease contract. In response to this, YOU+ co-founder Liu Xin said: "During the epidemic, YOU+ decided to cut off its arms to survive." He also said that an official announcement is being written about this matter. (All Weather Technology)
Large companies
Henan New Fortune Group has been suspected of related crimes for 11 years
On June 18, the Xuchang Municipal Public Security Bureau issued a notice confirming that the major shareholder of the village bank involved, Henan New Fortune Group Investment Holding Co., Ltd., was suspected of serious crimes. The police have arrested a number of suspects and seized and frozen a number of assets involved in the crime. It has been preliminarily discovered that since 2011, a criminal gang headed by Lu, the actual controller of the company, is suspected of using village banks to commit a series of serious crimes.
The Henan Banking and Insurance Regulatory Bureau and the Henan Provincial Local Financial Supervision Bureau also responded, saying that financial management departments at all levels are closely cooperating with the public security organs to carry out investigations, and the online transaction systems of village and town banks such as Yuzhou Xinminsheng have been manipulated and exploited by Henan New Fortune Group. The facts have been preliminarily ascertained and the relevant financial situation is being investigated. ( Red Star News )
Bitcoin fell below $18,000
On June 19, Bitcoin fell below the $18,000 mark, reaching a minimum of $17,601. This is also the lowest price of Bitcoin since December 2020. Bitcoin has fallen for 11 consecutive days, setting a record for its longest losing streak since its birth in 2009. (Beijing Business Daily)
ByteDance Education Business Major Adjustment
We learned from multiple independent sources that ByteDance Education Business has undergone major adjustments, and it is estimated that about 3,000 people will be optimized. The current total number of people in this business is less than 5,000. The optimized business lines cover intelligent learning at home and abroad, teenagers, Xuelang, Kaiyan, guagualong, education center, etc., leaving only intelligent learning for the public, Dali Intelligence, and adult businesses. Optimizing employees will receive “N+2” compensation.In November 2021, ByteDance's education business has undergone a major personnel adjustment. This optimization is also regarded as ByteDance's initiative to divest low-profit businesses and pave the way for its IPO in Hong Kong. As of press time, ByteDance has not given a formal response to the aforementioned information. (Science and Technology Daily)
NetEase Onmyoji Mobile Game responded to controversy
On June 19, @NetEase Onmyoji Mobile Game’s official Weibo posted a post in response to recent controversial issues such as “maritime armies” and “internal personnel causing conflicts among players”. Onmyoji stated that it is absolutely not and impossible to arrange for any account to publish any content that triggers controversy and conflicts among players. It does not allow individual internal members to speak on behalf of the official, nor does it allow any internal personnel to harm game characters or players in various ways. (IT Home)
I Love My Home responds to the rumors of refusal to pay employees’ wages
Recently, I Love My Home was exposed to the news that it was in arrears with employee wages and refused to pay employees’ social security. At the headquarters, there was even a scene where employees held up banners to defend their rights, which attracted attention in the industry. In this regard, the latest response from I Love My Family stated that the "refusal to pay wages and refuse to pay social security" and other contents are not true. The dispute stems from the company's decision to terminate the Hefei franchise business due to the epidemic and strategic adjustments, and individual franchisees expressed dissatisfaction with the company's withdrawal from Hefei. After the market, they were dissatisfied with the settlement fees and caused trouble. (China Fund News)
StepN will check accounts in mainland China
web3 StepN, a chain game company, issued the "Announcement on Checking Accounts in Mainland China" saying that StepN will check accounts in mainland China and stop providing GPS to mainland users on July 15, 2022. and IP address services.
Two days after the announcement, the price of BSC chain running shoes dropped by 90%, from 25BNB to 13BNB, and the lowest dropped to 1.5BNB. The floor price of running shoes dropped from 30,000 yuan to 3,000 yuan, and the price of its game token GST also dropped from 200 Yuan fell to 20 yuan, and many players lost all their money.
Huayou Cobalt: Plans to raise additional capital of 17.7 billion yuan
to invest in the Indonesian Huashan Nickel and Cobalt Company's nickel cobalt hydroxide wet process project with an annual output of 120,000 tons of nickel metal, and Guangxi Huayou Lithium Industry Company's annual output of 50,000 tons of battery grade lithium salt project, supplement working capital. ( Securities Times )
Syngenta Group accelerates the Science and Technology Innovation Board IPO process, and the financing scale is expected to reach 65 billion
On June 17, Syngenta Group announced that group director Yang Lin was appointed as the group’s chief accountant. It is understood that , this appointment is to accelerate the IPO process of Syngenta Science and Technology Innovation Board. The company has not yet responded to the latest listing progress. (Yicai)
Tencent Holdings: Under the share award plan, 6.094 million new shares were issued to no less than 2,400
Tencent Holdings announced that the board of directors has resolved to comply with the general mandate granted by the company’s shareholders at the 2022 annual general meeting (up to The number of shares that can be issued and allotted is 1,922,397,278 shares) to issue a total of 6,094,004 new shares to issue a total of 5,920,272 award shares under the 2019 Plan in respect of awards to be granted to no less than 2,400 awardees in July 2021; and In respect of the above items, a total of 173,732 additional award shares were issued in connection with the awards granted, subject to adjustments for distributions in kind.
The United States may force iPhones to switch to USB-C
A group of Senate Democrats reportedly called on the U.S. Department of Commerce to follow Europe's lead and force all smartphone manufacturers to make devices that adhere to universal charging standards. The senators believe that ports like and Apple 's Lightning create unnecessary electronic waste and create an economic burden on consumers.
Xinwangda : Plans to jointly establish a company with Dongfeng Group for 255 million yuan
On June 17, Xinwanda Electronics Co., Ltd. announced that its subsidiary Xinwanda Auto Battery plans to jointly establish a company with Dongfeng Group and Dongfeng Group Hongtai jointly invested in the establishment of a joint venture to conduct research and development of cells, modules and related components for power batteries and energy storage batteries to meet the product needs of Dongfeng Group, Dongfeng Hongtai and their related parties for automotive power batteries and energy storage batteries. . As of the announcement date, the parties to the transaction plan to sign a "Joint Venture Contract." The registered capital of the joint venture company is RMB 500 million, and the equity structure is as follows: Sunwanda Automobile Battery plans to subscribe for a capital contribution of RMB 255 million, accounting for 51% of the registered capital of the joint venture; Dongfeng Group plans to subscribe for a capital contribution of RMB 175 million, accounting for 51% of the joint venture's registered capital. 35% of the company's registered capital; Dongfeng Hongtai plans to subscribe for RMB 70 million, accounting for 14% of the joint venture's registered capital. (Interface News)
Investment and Financing
Shanghai Xinshida completed a C2 round of financing of nearly 300 million yuan
Recently, Shanghai Xinshida announced the completion of a C2 round of financing of nearly 300 million yuan. This financing was jointly led by Yitang Changhou Fund and Galaxy Capital, followed by several institutions such as Wuxi Luen Tai Investment and Jiuzhao Investment, and original shareholder Zhang Jiang Haoheng continued to invest. The funds raised will be mainly used for R&D team expansion, new product R&D investment, new production capacity, customer expansion, etc. Corestar is a high-tech enterprise specializing in independent research and development of CIS image sensors, providing customers with CMOS image sensor chips in mobile phones, security, vehicles, wearable devices, AIoT and other fields. ( Lieyun.com )
Shanghai Dapeng VR completed a new round of tens of millions of yuan in financing
Recently, Shanghai Dapeng VR announced the completion of a new round of tens of millions of yuan in financing, funded by Huaqiang Capital, Qianyi Capital and United Optoelectronics. Industrial fund Lianxin Fund jointly invests. This round of funds will be used to continue to increase investment in core technology, product research and development, introduction of high-precision talents, and upstream and downstream ecology. Founded in 2015, Dapeng VR is an artificial intelligence virtual reality product and content company. Its products include VR all-in-one machines, PC-VR helmets, and pan-entertainment VR content platform 3D Bobo. (Yingwei.com)
Hangzhou Shengli Technology completed a 100 million yuan Series C financing
Recently, Hangzhou Shengli Technology announced the completion of a 100 million yuan Series C financing. This round of financing was directly invested by Guotai Junan Securities , Industrial Securities , Caitong Securities , Debon Securities and other securities firms for direct strategic investment. Guochuang Zhongding and Tianchuang Capital jointly invested. The old shareholder Zhejiang Mintou Investment Co., Ltd. continued to invest. Raise. The financing funds will be used to further improve Shengli's layout in the securities field, increase its share of the securities market and develop more strategic customers. Shengli Technology was founded in 2005. It is a financial technology company that focuses on securities/futures/spot/derivatives high-speed trading and market quotation systems, exchange core matching engine systems, risk control systems, etc. (Shengli Technology)
New technology/product/service
Meta will launch a virtual clothing store Avatars Store
On June 17, Zuckerberg, founder of Facebook parent company Meta, said that it is launching a virtual clothing store called Avatars Store on platforms such as Facebook, Instagram and Messenger. A virtual clothing store where users can purchase virtual clothing for their avatars. The brands initially introduced by Avatars Store include Balenciaga, Prada and Thom Browne. A Meta spokesperson said the virtual costumes will cost between $2.99 and $8.99. (Interface News)
Tesla electric truck Semi is about to be launched
According to news on June 19, Tesla and Frito-Lay are preparing to deliver the long-awaited 100 Tesla Semi electric vehicles.Teslarati reports that Tesla has added an active Supercharger (Megacharger) to its Frito Lay and PepsiCo facilities in Modesto, California, in preparation for deliveries. (ITt Home)
* Picture purchased from Vision China
