"Titanium Morning News" Tencent Pictures main body will be merged into CDG; Tesla recalls more than 570,000 cars in the United States; State Administration of Radio, Film and Television: the total remuneration of actors must not exceed 40% of the total production cost

On February 10, it was reported that the main part of Tencent Pictures will be adjusted from THE PCG (platform and content business group) to the CDG (enterprise development business group), while Cheng Wu, vice president of Tencent Group and CEO of Yuwen, will continue to lead the business sector.

According to public information, Tencent Pictures was established in September 2015 as a wholly-owned subsidiary of Tencent and is under the IEG (Interactive Entertainment Business Group). In the 2018 Tencent "930" adjustment, most of the entertainment businesses, including Tencent Pictures, were merged into PCG.

After this adjustment, Tencent Pictures, as the film and television label of Tencent, will focus on the development of melodic works of the times and assume more social responsibilities. The development of Tencent Pictures' original IP film and television with strong commercial attributes will be entrusted to Xinli Media, Yuwen Film and Television, and Tencent Animation under PCG, which are subsidiaries of Yuwen Group.

Among them, Xinli Media will focus on the production of head IP projects; Yuwen Film and Television is responsible for mining more reading resources, focusing on joint development with external partners, and promoting a large number of online IP film and television; Tencent Animation is responsible for cultivating national comic IP and cooperating with external partners to promote the film and television of animation IP.

Judging from the list of past films, Tencent Pictures has participated in a large number of related film and television drama works, such as "1921" released on July 1 last year, and the TV series "Human World", which set a new high rating for CCTV in the past three years.

According to a person close to the adjustment within Tencent, the group will continue to support Tencent Pictures to develop more such film and television works, and "making money" is not Tencent's first goal of film and television.

As for the projects currently planned to be developed and developed by Tencent Pictures, such as the second season of "Qingyu Nian" and "Son-in-law 2" and related teams will be merged into the reading text, the episodes will not be affected; Tencent Animation IP film and television projects and related employees such as "Under One Man" (movies and episodes) will be merged into Tencent Animation.

For this adjustment, some analysts believe that Tencent also takes into account that at the moment when the Internet dividend has peaked, traffic is no longer the primary target of the entertainment market, and high-quality content is the core of building a large cultural entertainment.

Titanium media excerpt:

The Chinese mobile phone market in 2022 is still not optimistic, but it also sees huge opportunities. After more than ten years of popularization, smart phones have penetrated into every life and work scenario of users, and after experiencing multiple machine changes, users have higher and higher requirements for products and higher sensitivity to experience details. In some high-frequency scenarios, such as game experience, smooth performance, etc., there are still unsatisfactory places in the industry, and this is the opportunity of OnePlus.

——Li Jie, President of OnePlus China

Some financial products or services can only be provided to specific objects, and they must be resolutely implemented in the digital environment, and cannot be sold indiscriminately throughout the network. The sale of private placement products to specific targets should achieve the following three points.

First, the sale must be licensed. Where a non-licensed Internet platform does not directly display, introduce or promote private equity products through the licensed institution's page, it shall be strictly determined to be illegally engaged in financial product sales activities, and shall be strictly investigated and severely punished in accordance with law.

Second, the requirements that are visible to specific objects should not be relaxed. Private placement products should not be advertised indiscriminately on the Internet, cannot be seen by everyone, can only be seen by specific objects, and the rules for determining "specific objects" on the Internet should be prudent and cannot be ignored.

Third, the certification of qualified investors in the purchase process is the key. Online and offline accredited investor certification should be consistent. The division of responsibilities between financial institutions and distribution agencies should be clear.

——Sun Tianqi, director of the Financial Stability Bureau of the Chinese Min bank

More attention:

Tesla recalled more than 570,000 vehicles in the United States because the sound of the pedestrian warning system may be obscured

According to the website of the National Highway Traffic Safety Administration (NHTSA) on February 10, Tesla recalled more than 578607 vehicles in the United States. Recall information shows that the Boombox feature allows sound to be played through external speakers while the vehicle is moving, potentially masking the sound of the Pedestrian Warning System (PWS), increasing the risk of crash.

State Administration of Radio, Film and Television: The total remuneration of actors shall not exceed 40% of the total cost of production

On February 10, the State Administration of Radio and Television issued the "14th Five-Year Plan for the Development of Chinese Television Dramas". Strictly deal with actors and relevant institutions that have violated laws and regulations such as tax evasion, "yin and yang contracts", and "sky-high film remuneration", and strictly implement the provision that the total remuneration of all actors in each TV series shall not exceed 40% of the production cost, and the remuneration of the main actors shall not exceed 70% of the total remuneration.

AMD received all necessary approvals to acquire Xilinx and the deal is expected to close on Feb. 14

On February 10, chip giant AMD announced that it has obtained all the necessary approvals to continue to acquire Xilinx, all conditions for the completion of the transaction have been met except for the remaining customary transaction conditions, and the company expects the transaction to be completed on or around Valentine's Day on February 14, 2022. It is reported that AMD acquired Xilinx on October 27, 2020 for a $35 billion all-stock transaction. After the acquisition is completed, AMD will complete the deployment of the compute cloud, edge and intelligent terminal chip platforms.

Huanrui Century responded to rumors of tax arrears: It is inconsistent with the facts and is a problem left over from history

On February 10, in response to relevant articles such as "Huanrui Century Owes Taxes" that appeared on the Internet, Huanrui Century issued a statement on Weibo saying that the relevant articles were inconsistent with the facts. The problems involved in the "tax balance" in the information released by the State Administration of Taxation in Fuling District, Chongqing Municipality, were caused by relevant facts before 2008, when Xingmei United (Note: the main body of the enterprise before the restructuring of listed companies) had not yet been included in the Huanrui system, which had nothing to do with the operation of Huanrui Century, and the above problems had been resolved as early as the bankruptcy reorganization stage of Xingmei United, and would not have a further impact on the operation of Huanrui Century.

Twitter's fourth-quarter revenue of $1.57 billion, up 22% year-over-year

On February 10, Twitter announced its financial results for the fourth quarter and full year of 2021 as of December 31. In the fourth quarter, Twitter's revenue was $1.57 billion, up 22% year-over-year, and net profit was $182 million, compared to $222 million in the year-ago quarter. For the entire year of 2021, Twitter's revenue was $5.08 billion, up 37% year-over-year; a net loss of $221 million, compared to a net loss of $1.14 billion in 2020.

SMIC's fourth quarter 2021 revenue hit a record high, up 53.8%

On February 10, SMIC released a performance report: the company's consolidated operating income in the fourth quarter of 2021 was 10.26 billion yuan, an increase of 53.8% year-on-year, a record high; the net profit attributable to shareholders of listed companies was 3.414 billion yuan, an increase of 172.7% year-on-year.

For the substantial increase in fourth-quarter results, SMIC explained that on the one hand, sales revenue increased due to the increase in wafer sales, the increase in average selling prices and changes in the product portfolio; followed by the increase in returns from investment in associated companies and financial assets.

SMIC said that in 2021, the unaudited operating income was 35.6 billion yuan, compared with the previous year's operating income of 27.4 billion yuan, and the unaudited net profit attributable to the shareholders of the listed company in 2021 was 10.7 billion yuan, compared with the net profit attributable to the shareholders of the listed company was 4.3 billion yuan in the previous year.

At one point, the intraday plunge of nearly 9%, and the stock price of CATL hit a new four-month low

On February 10, the stock price of Ningde Times, a leading stock in the A-share new energy sector, once fell below the 500 yuan mark, with the largest intraday decline of nearly 9%, and finally closed down 5.32%, closing at 518.1 yuan / share, a new low since October 13, 2021, compared with the record high (692 yuan / share) set in the intraday on December 3, 2021 has fallen by 25.13%.

For the future trend of the Ningde era, some insiders believe that the overseas central bank entering the interest rate hike cycle may continue to suppress the high-valuation sector, and the process may be similar to the bursting of the Nasdaq technology network stock bubble in 2000; but some analysts believe that with the advancement of the spring market, growth stocks are expected to usher in a certain rebound, with the value of the stock rotation effect.

ELAND responded with "cost 75 yuan down jacket sold 1598 yuan was fined"

On February 10, Yi Nian (Shanghai) Fashion Trading Co., Ltd. issued an apology statement saying that it was deeply sorry for the fact that the company was punished recently, and the main reason for the punishment was that a style in the ELAND brand product was administratively punished because the ingredients did not meet the product standards indicated on the product. Because of this incident, consumers mistakenly believe that the processing cost of the ELAND brand is the total cost of the goods.

Ministry of Commerce: Sales of winter Olympics licensed commemorative goods increased by 21.2 times year-on-year

On February 10, at the regular press conference held by the Ministry of Commerce, Gao Feng, spokesman of the Ministry of Commerce, introduced the consumption situation and highlights of this year's online New Year Festival. He said that the New Year Goods Festival follows the principle of "government guidance, enterprise-oriented, and market-oriented operation" and simultaneously holds the "Shanghai Cooperation Organization National Characteristic Commodity E-commerce Live BroadcastIng Activity", which has achieved remarkable results. Among them, the sales of Winter Olympic goods and ice and snow equipment are strong. Sales of winter Olympics licensed commemorative goods increased by 21.2 times year-on-year, and sales of ski equipment and ski clothing increased by 62.9% and 61.2% respectively year-on-year.