Overseas & Leverage
All border crossings between Belarus and Ukraine are closed indefinitely
On February 24, the Belarusian Border Guard Commission announced that all border crossings with Ukraine would be closed indefinitely.
The impact of the situation in Russia and Ukraine on the global capital market
What are the implications of tensions in Ukraine on global markets? Looking at the Russian market, the ruble fell to record lows in interbank trading. Russia's Moscow Exchange suspended trading, and the St. Petersburg Stock Exchange closed its business (according to the latest news, Moscow Exchange said it would reopen at 10 a.m. local time on the 24th). From the perspective of global markets, the latest news on February 24, the three major US stock index futures fell to more than 2%. European futures tumbled, and Asian stocks fell across the board. In addition, spot gold prices hit a more than a year high, with cereal prices soaring, CBOT wheat up 17 percent, corn up 10 percent and soybeans up 8 percent.
eBay turned from profit to loss in the fourth quarter of fiscal 2021, with the number of annual active buyers and sellers both declining
eBay released its fiscal fourth quarter and full year 2021 financial results. For the quarter, eBay reported revenue of $2.6 billion, up 5% year-over-year, total transactions of $20.7 billion, down 10% year-over-year, and net loss from continuing operations of $893 million under U.S. GAAP, from profit to loss. eBay's annual active buyers decreased by 9% to 147 million worldwide active buyers; the number of annual active sellers decreased by 8% to the total number of active sellers worldwide was 17 million. (Interface)
Ford CEO: There is no plan to split the electric vehicle or fuel vehicle business, it must surpass Weilai and Tesla
On Wednesday, local time, Ford CEO Jim Farley said at a wolf research conference broadcast live online that there are no plans to split the electric vehicle or gasoline vehicle business. He added: "We know that NIO and Tesla are our competitors and we have to beat them, not just match them." And we have to beat our competitors in the internal combustion engine space. On the vehicle distribution side, Farley said Ford needs to eliminate "expensive inventory" from its sales system and make it easier for consumers to book and track the vehicle's assembly process before it is delivered. (Sina Technology)
Faraday Future: The first FF 91 pre-production vehicle is assembled
The first FF 91 pre-production vehicle was assembled at the Hanford plant. In the coming months, FF will continue to manufacture more quasi-production vehicles for final engineering verification and certification work. According to the previous plan, FF will start mass production of FF91 in the third quarter of 2022. (Securities Times)
Twitter announced it will issue $1 billion in senior bonds for general corporate use
According to reports, Twitter announced on the 23rd that it will issue $1 billion in senior bonds. Twitter said the bonds will be privately offered to qualified institutional buyers and mature in 2030. The bonds will be Twitter's preferred debt, with interest paid semi-annually. Interest rates and other terms will be determined through negotiations with the initial purchaser on Twitter. Twitter plans to use the net proceeds from the offering for general corporate purposes, which may include capital expenditures, investments, debt repayments, repurchases of the company's common stock, working capital, and potential acquisitions and strategic transactions. (Sina Technology)
ZUCKERBERG: Meta is developing AI voice assistants for metaversities
Zuckerberg said Wednesday that Meta is advancing AI research to generate virtual worlds with speech, and Meta also needs to improve human-voice assistant interaction and enhance translation between different languages. According to Zuckerberg, Meta is developing a new generative AI model in which users describe the virtual world to the AI, and the AI is automatically generated based on the description. Not only that, Meta is also developing new AI technologies that allow users to communicate with voice assistants in a more natural way, and in the future this technology can also be used in the metaverse, allowing users to communicate with AI in the metaverse. (Sina Technology)
Company & News
Dongwei Semiconductor: Operating income of 782 million yuan in 2021, an increase of 153.28% year-on-year
Dongwei Semi-Guide released the 2021 performance express, with operating income of 782 million yuan in 2021, an increase of 153.28% year-on-year; net profit attributable to the mother of 146 million yuan, an increase of 429.12% year-on-year.
HeartPulse Medical: Revenue in 2021 was 685 million yuan, an increase of 45.59% year-on-year
Heartpulse Medical released the 2021 performance express, with operating income of 685 million yuan in 2021, an increase of 45.59% year-on-year; net profit attributable to the mother of 316 million yuan, an increase of 47.30% year-on-year.
NetEase: In the fourth quarter of 2021, revenue increased by 23% year-on-year, and the number of independent musicians on the platform exceeded 400,000
NetEase announced its financial results for the fourth quarter and full year of 2021. According to the financial report, in the fourth quarter of last year, NetEase's revenue was 24.4 billion yuan, an increase of 23% year-on-year, and the market expected 24.273 billion yuan; the net profit under Non GAAP was 6.6 billion yuan; the net profit of GAAP was 5.694 billion yuan, compared with 976 million yuan in the same period last year, an increase of 483% year-on-year, and the market expected 3.6 billion yuan. In addition, NetEase Cloud Music's net income in the fourth quarter of last year was 1.9 billion yuan, and the net income in 2021 was 7 billion yuan, the gross profit margin of NetEase Cloud Music was positive for three consecutive quarters, and the number of independent musicians on the platform exceeded 400,000. NetEase Youdao achieved quarterly profitability for the first time.
Tencent reports that it plans to be carbon neutral by 2030
For the first time, Tencent released the "Tencent Carbon Neutrality Goals and Action Route Report". Tencent put forward the goal of carbon neutrality: no later than 2030, to achieve full carbon neutrality of its own operations and supply chain, and to achieve 100% green electricity. In 2021, Tencent's greenhouse gas emissions totaled 5.111 million tons. Among them, the direct emissions from greenhouse gas emission sources owned or controlled by the company and the indirect emissions from purchased electricity or other energy sources were 19,000 tons and 2,349,000 tons, respectively; other indirect emissions generated by upstream and downstream of the supply chain were 2.743 million tons.
Capital & Venture Capital
"CZUR" received tens of millions of yuan of A+ round financing
Focusing on smart office equipment, "Chenger CZUR" has recently completed tens of millions of yuan A+ round of financing. This round of financing is led by Pangu Venture Capital, followed by Yunmu Capital and acting as the exclusive financial advisor. The funds in this round of financing will be mainly used for new product development and research and development, global channel construction and supply chain construction. According to reports, at present, the scanning scene and the conference scene are the key directions of the research and development of the adults, and the main coverage technologies are AI image processing and AI audio and video technology.
"Lingchong New Energy" received a PreA round of financing of 50 million yuan
New energy technology service provider "Lingchong New Energy" recently announced the completion of a 50 million yuan PreA round of financing, jointly led by Zhengxuan Investment and Lushi Investment, and followed by ZTE Crowd Investment and Xi'an Investment Holdings. The financing will be used for the company's next-generation product development, team building and supplementary working capital.
Hard discount chain brand "Outlok" completed nearly 100 million yuan A round of financing
Hard discount chain brand "Outlaw" recently completed nearly 100 million yuan A round of financing led by Innovation Factory and followed by Boundless Capital. This round of financing will be mainly used for store expansion and supply chain building. According to reports, the Outrik SKU is controlled within 1000, and it is mainly based on standard product categories such as beauty and daily care, leisure snacks, drinks and beverages, and takes the "explosive logic of the ultimate single product operation".
"Manga Technology" received tens of millions of Pre-A round of financing
Recently, Shanghai Manga Technology Co., Ltd. completed tens of millions of Pre-A round of financing, and obtained exclusive investment from Xingfu Capital. This round of financing is mainly used for the research and development of core technologies of additive manufacturing industrial software, global market promotion and industry application landing. According to reports, Manga Technology is a 3D printing software company, committed to the independent research and development of additive manufacturing industrial software CAD/CAM, providing intelligent additive manufacturing industrial software solutions for medical, educational, aerospace, industrial and consumer goods industries.
Industrial intelligence CAD manufacturer "Sequencing Technology" completed the A round of financing
Shanghai Set Order Technology Co., Ltd. (Set Order Technology) announced the completion of the A round of financing, this round of financing led by ByteDance, Lianchuang Yongjun followed by investment, the old shareholders SIG, Jianfeng Evergreen, GaoRong Capital, Lenovo Venture Capital continued to increase, the funds will be mainly used to strengthen R & D strength and business expansion and other aspects. According to reports, Sexu Technology is an innovative enterprise that provides intelligent design and manufacturing software products and services, establishes an intelligent design technology system for industrial machinery design scenarios, and its core business is cloud-native intelligent industrial design SaaS services, as well as engineering services.
"Moodles" completes Pre-A round of funding
Food technology company "moodles" has recently completed tens of millions of yuan Pre-A round of financing, this round is led by GGV Capital, and the old shareholders Feng materials and Renshan Capital have all followed suit. The latest round of financing is expected to be used for the construction of the flexible production intelligent manufacturing plant, and is expected to be officially put into operation in May this year. According to reports, moodles products are divided into two categories, one is the basic standard rice noodle products; the other is to supply the B-end of the industrial standard rice, noodles, supply chain restaurants.