【Global Business Updates】1, SAIC Motor: Wholesale sales of 456,000 vehicles in January, an increase of 13% year-on-year.

Global Business Updates

1. SAIC Motor: In January, the wholesale sales of vehicles were 456,000 units, an increase of 13% year-on-year, and the terminal delivery reached 518,000 units. Among them, independent brands, new energy, overseas market performance is eye-catching, while the main joint ventures maintain a stable and good development trend, especially SAIC Volkswagen, single-month sales increased by 51.7% year-on-year.

2. Shanghai Starbucks Coffee Business Co., Ltd. Wuxi Zhenze Road Store and Wuxi Changxing Building Store were confiscated by the Wuxi Xinwu District Market Supervision and Administration Bureau and fined more than 690,000 yuan and 670,000 yuan respectively for using expired food raw materials and operating expired food by tampering, replacing and tearing up the shelf life labels of the concocted food raw materials; and wiping the towels on the food contact surfaces could not be used exclusively.

3. Bosch Group of Germany: Despite the challenges brought by the epidemic and the shortage of chip supply, Bosch's sales in China in 2021 hit a record high thanks to the rapid recovery in the automotive, industrial technology and consumer goods sectors.

4. The National Academy of Engineering of the United States announced the list of additional academicians of the National Academy of Engineering in 2021, including 111 academicians and 22 foreign academicians. These include SpaceX founder Musk, LG Energy Solutions Michigan President Gray Denise, Georgio Electric's head of smart grid business development McDonald John, and Academician of the Chinese Academy of Sciences and Professor of Beijing Institute of Technology Fang Daining.

5. Hon Hai Precision said it will launch two electric vehicles this year and will start production of electric vehicles in Ohio, USA, in February 2022.

6. Disney's financial report shows that Disney's revenue in the first fiscal quarter was $21.82 billion, compared with $16.25 billion in the same period last year. Analysts had previously expected the company to generate revenue of $20.27 billion. The fiscal first-quarter adjusted EPS was $1.06 and analysts expected $0.57.

7, the Swedish National Institute said that Italy will build Europe's largest battery factory. Lars Carlström, CEO and owner of the Italian company Italvolt: At the moment, electric vehicles are a growing industry in Europe. Asia has a big leading edge in battery manufacturing. We are ten years behind China.

8. Jingdong modified the rules for returning shopping to Beijing beans: after the order is completed, you need to click to collect.

9. The Saul Zaenz Company is selling the rights to to which it has owned many years of tolkien's novels, including a large number of rights to the film adaptations of The Lord of the Rings and The Hobbit, games, peripherals, events, theme parks, and similar adaptations of The Singular Diamond and The Unfinished Story of Noumenoor and Middle-earth, which are estimated to be selling for more than $2 billion.

10. The State Administration of Radio, Film and Television issued the "14th Five-Year Plan" For the development of Chinese television dramas: the total remuneration of actors in each television drama shall not exceed 40% of the total cost.

11. Regarding the sale of the company's assets for the previous 1 yuan, Blu-ray Development said that since the transaction was carried out in the context of guaranteed delivery and debt reduction, the sale of assets through debt-bearing acquisitions can reduce the company's liabilities by about 9.191 billion yuan (including operating liabilities).

12. Bosch expects that due to chip shortages and rising raw material costs, global automobile production will reach about 85 million units in 2022, up from more than 80 million vehicles last year, but about 8% lower than in 2019 before the epidemic. "There is still a lot of uncertainty about the lack of cores." Stephen, chairman of the board of directors of the Bosch Group, said.