[Electric Dog] Ctrip recently announced that the company’s director Shen Dou has resigned as a director, effective July 1, 2022. He Junjie, senior vice president of Baidu, was appointed as the successor director of Ctrip Group after Shen Dou resigned.

[Electric Dog]

Ctrip recently announced that the company’s director Shen Dou has resigned as a director, effective July 1, 2022. Baidu Company Senior Vice President He Junjie was appointed as the successor director of Ctrip Group after Shen Dou resigned.

In October 2019, Ctrip announced that the company director nominated by Baidu and Baidu CFO Yu Zhengjun had submitted his resignation and resigned as the company's director. Baidu Senior Vice President Shen Dou took over until his resignation.

It is worth noting that in May this year, Baidu announced personnel changes. Shen Dou, executive vice president of Baidu Group and former head of the Mobile Ecosystem Group (MEG), became the head of the Intelligent Cloud Group (ACG). This time he took over He Junjie, a director of Ctrip, was promoted to senior vice president of the group and rotated as the head of MEG.

He Junjie joined Baidu as Vice President in June 2019. He was previously responsible for Baidu M&A, SIM (Strategic Investment Management), SOM (Sales Operations and Management), FP&A (Financial Planning and Analysis) and other departments. He is currently still a lover Board member of Qiyi .

Ctrip’s latest annual report shows that Baidu is Ctrip’s major shareholder, holding 10.8% of the shares. Baidu’s chairman and CEO Robin Li is also among Ctrip’s directors.

This morning, Hubei Xingji Times Technology Co., Ltd. and Zhuhai Meizu Technology Co., Ltd. held a strategic investment signing ceremony in Hangzhou, officially announcing that Xingji Times holds a 79.09% controlling stake in Meizu Technology and has obtained independent rights to Meizu Technology. control.

According to Sina Technology, under the new equity structure, the new management structure of Xingji Times and Meizu has also surfaced: Shen Ziyu, vice chairman of Xingji Times, also serves as chairman of Meizu Technology; co-founder of Xingji Times, CEO Wang Yong joined Xingji Times in July 2021. Previously, he served as vice president of ZTE and deputy general manager of ASUS Computer China; Huang Zhipan served as the CEO of Meizu Technology.

reported that Shen Ziyu said that Meizu will retain an independent team and release a new flagship next year. Meizu Technology was established in March 2003. Meizu Technology CEO Huang Zhipan joined Meizu in 2004 and has served in important positions such as Meizu’s finance, supply chain, and overseas business director. He was appointed as Meizu CEO by the Meizu Board of Directors in January 2021.

Both parties emphasized that Meizu Technology will continue to operate as an independent brand after this strategic investment. Huangzhang , as the product strategic consultant of Meizu Technology, continues to contribute to the development of Meizu Technology. In addition, Meizu Technology’s senior management team will also remain stable.

Yesterday evening, Meitu company announced on the Hong Kong Stock Exchange that it expected that the company may record a net loss of approximately RMB 274.9 million to RMB 349.9 million in the six months ending June 30, 2022. Compared with the net loss of approximately RMB 137.7 million in the same period last year, the net loss increased by approximately 99.6% to 154.1%. The expected increase in net losses is primarily due to the impairment of purchased cryptocurrencies.

Meitu stated that according to International Financial Reporting Standards , the company expects that the purchased Ethereum and the purchased Bitcoin will recognize impairment losses of approximately US$18.5 million (approximately 124 million yuan) and approximately US$27.1 million (approximately 1.82 million yuan) respectively. billion RMB), totaling approximately US$46.5 million (approximately RMB 312 million).

announcements show that Meitu announced in announcements on March 7, 2021, March 17, 2021, and April 8, 2021 that it had purchased a total of approximately 31,000 units of Ethereum and approximately 940.89 units of Bitcoin, for a total consideration of They are approximately US$50.5 million (approximately RMB 339 million) and US$49.5 million (approximately RMB 332 million) respectively.