Relevant person in charge of Weilai: The shortage of chips exceeds previous estimates
Large companies
Huawei wins the payment license, WeChat and Alipay usher in new rivals
The mobile payment industry welcomes a new “player”. Tianyancha shows that Huawei has obtained a payment license by acquiring 100% equity of Xunlian Zhipay. With the entry of Huawei, the two giants of WeChat Pay and Alipay may have a new rival. (Sina Technology)
Relevant person in charge of Weilai: The shortage of chips exceeds previous estimates
In response to Weilai’s announcement of the temporary suspension of production, on March 27, the relevant person in charge of Weilai said that the shortage of chips exceeded previous estimates, and he is still paying close attention to industry supply and actively coordinating supply chain resources. It is currently expected to resume production after five working days from the shutdown, but the long-term supply situation remains to be seen. (China Securities Journal)
Xiaomi: The Redmi K40 series went on sale in 23 days and the domestic sales exceeded 1 million units
It was learned that on March 27, Xiaomi announced on its official WeChat account that the domestic sales of the Redmi K40 series exceeded 1 million units after 23 days of sales. It is understood that the Redmi K40 was officially released on February 25, equipped with the Snapdragon 870 flagship processor, 4520mAh power, and sold at 1999 yuan.
Red Star Macalline sells Red Star Real Estate for 20 billion yuan, and Sino-Ocean Capital is the takeover party
It is reported that Red Star Macalline signed a contract with Sino-Ocean Capital to package and sell its Red Star Real Estate to Sino-Ocean Capital at a price of approximately RMB 20 billion. Red Star Macalline’s funds have been relatively tight recently. In order to alleviate the urgent need, it has set a premium for its highest-quality real estate business segment-Red Star Real Estatetransfer. (21st Century Business Herald)
The news that TSMC’s 12-inch wafers will increase prices, TSMC: Do not comment on price issues
It is reported in the market that the foundry TSMC will increase its 12-inch wafer quotations quarter by quarter this year. TSMC said yesterday that the company is committed to providing customer value and does not comment on price issues. Media reports quoted sources as saying that TSMC’s 12-inch wafers will increase their prices starting from April this year, with an increase of about US$400 (about NT$11,400) per wafer, and will increase quarterly. TSMC exclusively produced 7-nanometer and 5-nanometer process technologies worldwide last year. According to research firm ICInsights, TSMC’s revenue per wafer reached US$1,634, the highest in the industry and 1.42 times higher than UMC. (Interface News)
Goldman Sachs sells $10.5 billion stocks in a single day
Transaction data show that on Friday, Goldman Sachs liquidated US$10.5 billion worth of stocks in a single day. That day, some leading stocks, including technology giants and media groups, lost 35 billion US dollars in market value. Before the U.S. stock market opened that day, Wall Street Investment Bank sold $6.6 billion worth of shares in Baidu, Tencent Music, and Vipshop. Subsequently, shares of ViacomCBS, Discovery Inc, and Farfetch Ltd flowed out of $3.9 billion.
Youzan released 2020 performance: the number of chain stores increased by 10 times, and the total transaction volume exceeded 100 billion
It was learned that China Youzan (08083.HK) announced its 2020 results. Performance shows that in 2020, the total transaction volume of merchants served by Youzan reached 103.7 billion yuan, a year-on-year increase of 61%; new paying merchants were 59,940, a year-on-year increase of 10%. The average annual sales of merchants exceeded 1 million, a year-on-year increase of 36%.
Amazon may face a class action lawsuit for failing to provide employees with prescribed meal times
According to foreign media reports, a lawsuit alleging that Amazon’s distribution center in California failed to provide employees with prescribed meal times has been transferred to federal court, and lawyers are seeking class action status. The case was filed for the first time in the San Francisco County Superior Court in February this year and was transferred to the U.S. District Court for the Northern District of California on Friday. (CnBeta)
NASA provided up to $400 million in funding for private companies to develop the space station
NASA now hopes to allow private companies to develop and build new space stations, and has provided up to four companies with up to $400 million in funding. These funds will be provided under the Commercial Low Orbit Destination (CLD) project. According to NASA estimates, the commercial manned program has saved them between 20 billion and 30 billion U.S. dollars.cost. Starting in the fourth quarter of 2021, private companies will be provided with financial support under the CLD project to allow them to start developing their own space stations. (CnBeta)
Investment and financing
Yincheng Network (Taiwan Bills Network) completed the C round of 500 million yuan financing, comprehensively building a new bill ecology
It was learned that Jiangsu Yincheng Network Technology Co., Ltd. recently held a press conference at the Hualuxe Hotel in Nanjing, and officially announced the completion of the C round of 500 million yuan financing. This round of financing was jointly led by Hillhouse Ventures and its old shareholder DCM, followed by Yangzi State Investment and Jiangbei Technology Investment, and old shareholders Tangzhu Capital, Huagai Capital and Jingwei China continued to increase. China Renaissance Capital acted as the exclusive financial advisor for this round of transactions. The financing will be used for platform R&D and technology investment, market promotion and marketing, and innovative business development.
Zhaoyi obtains investment from Alibaba to jointly build a new manufacturing ecology for home furnishings
It was learned that on March 27, Chengdu Zaoyi Software Co., Ltd., a senior domestic home customization information solution provider, received Alibaba investment. Zouyi Software will join hands with Alibaba’s home manufacturing platform Laiping Zhizhi and home improvement and home design platform Laiping Designer to jointly establish a “new manufacturing platform.” Based on the new manufacturing technology of “same source integration”, the three parties will use a set of data to open up both ends of home design and production, deeply drive the industry’s industrialized standard manufacturing, and create a closed loop of intelligent manufacturing for the industry from design, production to contract fulfillment.
New products
Xiaomi 2021 spring new product launch will be held on March 29th
It is reported that this conference will release a number of new Xiaomi products including Xiaomi Mi 11 Pro, 11 Ultra, 11 Youth Edition, Mi Folding Screen Phone, Mi Band 6, New Mi Notebook Pro, Mi Xiaoai Speaker 2, etc. The released Xiaomi 11 Pro is likely to be the first to be equipped with Samsung’s new-generation flagship image sensor GN2, and the image performance is worth looking forward to.
Ford cooperated with HP to use 3D printing waste to make F-250 truck parts
According to technology blog Engadget, Ford Motor announced that, together with HP and three other companies, the remaining 3D printing powder and parts will be used in injection molded plastic parts. Ford said that after confirming the reliability of recycled parts, it will introduce similar parts to at least 10 models in the future. (Interface News)
Other important news
73 IPO companies voluntarily withdrew their applications
Data shows that there have been 73Companies planning to be listed on the Science and Technology Innovation Board and ChiNext actively withdrew their IPO applications. Among them, 28 companies were planning to be listed on the Science and Technology Innovation Board and 45 companies were planning to be listed on the ChiNext. Among them, there are only 10 projects sponsored by CITIC Securities, ranking first in number. The supervisory authority emphasized that the “passing through with illness” will be dealt with seriously and will never be allowed to be removed; the intermediary should further strengthen its inspection responsibility and urge them to improve their ability to perform their duties and due diligence. The industry believes that the high percentage of withdrawing application materials reflects the low quality of the sponsor’s practice, and the head institution should strengthen self-discipline and take active actions. (China Securities Network
China’s vaccine inoculation at home and abroad both exceeded 100 million
Following the recent global supply of China’s new crown vaccine exceeding 100 million doses, on the 28th, the State Council’s Joint Prevention and Control Mechanism held a press conference to formally announce that as of 24:00 on the 27th, the country’s cumulative reported vaccination of new crown vaccines exceeded 100 million doses. ,Safe and effective. Since the National Health Commission updated the new crown vaccination status on March 24, my country has added more than 3 million doses of vaccination every day. In the next step, all localities will continue to take multiple measures to promote free vaccination for the entire population and build the world’s largest immune barrier through various convenient methods such as temporary vaccination sites, mobile vaccination sites, and door-to-door vaccination in key places. (Xinhua Viewpoint)
A pilot program for “double reduction” of student burdens? Ministry of Education response: Beware of inaccurate information
It was learned that the press office of the Ministry of Education @微言教育 stated on Weibo that recently, information has been circulating on the Internet about the pilot work to reduce the burden of compulsory education students’ homework and off-campus training. In this regard, the relevant person in charge of the Ministry of Education said It is normal work to regulate off-campus training and reduce the excessive extracurricular burden of students. National and local policies are based on the official channels to prevent misinformation from forming inaccurate information.
CITIC Securities: The culmination of pessimistic expectations has emerged in April fundamentals broke
CITIC Securities believes that the cautious sentiment of investors is gradually increasing after the holiday. The current pessimistic expectations have reached the peak, and the bottom of the market has been confirmed. Investor sentiment and behavior will calm down in April, but it will take time for the market to form a new round of sustained rise. , The fundamentals will replace liquidity as the breaking factor. The configuration should continue to shift to the new main line. Firstly, after the current round of market adjustments, the cost-effective growth sectors such as semiconductor equipment and military industry, etc., the second is the epidemic-damaged sectors such as tourism hotels and aviation, and the third is to benefit from the recovery of overseas demand. Varieties such as auto parts and home appliances, etc. The fourth is the varieties expected to continue to be booming in the quarterly report, such as non-ferrous metals and chemicals. (Securities Times)
Tianfeng strategy: The short-term IPO rhythm slows down, and the overall issuance scale and rhythm of the internal science and technology innovation board in the medium and long-term will likely remain stable
Tianfeng Strategy pointed out that since the beginning of the year, 26 sci-tech innovation board companies have suspended review, terminated review, and terminated registration, reaching a high level of withdrawal in the short term.During the peak period, the proportion of voluntary withdrawals reached 88.46%, and the IPO on the Science and Technology Innovation Board seemed to have some waves. We believe that the short-term sci-tech innovation board’s withdrawal peak is mainly due to the following two reasons. First, under the background of regulatory standardization, the problem of insufficient practice capacity of sponsors has been exposed. Second, some reporting companies have problems with unclear positioning and information disclosure. Looking forward, although the pace of short-term IPOs slows down, the overall issuance scale and pace of the internal science and technology innovation board will likely remain stable in the medium and long term. (China Business News)