Today's news: Dong Mingzhu was re-elected as the chairman of Gree Electric Appliances; Weilai passed the hearing of the Hong Kong Stock Exchange

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Dong Mingzhu was re-elected as the chairman of Gree Electric Appliances

Dong Mingzhu was re-elected as chairman of Gree without suspense.

On February 28, Gree Electric Appliances held the first extraordinary shareholders' meeting in 2022, and all eight proposals were passed, of which Dong Mingzhu was elected chairman of Gree Electric Appliances by a high vote.

At this conference, Dong Mingzhu responded to Gree mobile phones, split listing plans, Gree titanium and other issues.

Dong Mingzhu said that Gree Electric Appliances does not do mobile phones to seize market share, but has its own plans, and will "insist on making mobile phones". She said that the company has the idea of splitting and listing, and hopes that several major sectors of Gree Electric Appliances can be listed in the future, but the listing is not to circle money, but to release brand value.

As for investors' doubts about Gree Electric Appliances' stake in Gree Titanium, she said that at that time, the debt acquisition was to see the future of energy storage, "1.8 billion, may not even be able to build a plant." I think it's very valuable. It is the best time (to acquire Gree Titanium)."

In addition, Dong Mingzhu said that as a home appliance company, the first face is the change in the real estate market, followed by the price increase of materials, some materials even rose by 50%, Gree to ensure quality and quantity, do not cut corners, indeed face a lot of pressure, only rely on innovation to reduce costs. In December last year, Gree was sentenced to compensate Oaks 167 million yuan for patented technology problems.

This re-election means that Dong Mingzhu will take charge of Gree Electric Appliances until 2025. Dong Mingzhu has been the chairman of Gree Electric Appliances since 2012, and has led Gree to glory, but because of its frequent remarks, it has gradually become a celebrity Internet celebrity.

Since 2021, the overall performance of Gree Electric Appliances' stock price has been weak, and the market value has evaporated by nearly 180 billion. As of February 28, the close was 36.77 yuan, down 1.08%, with a total market value of 217.475 billion yuan.

Carrefour closed more than 20 stores last year

Carrefour's wave of store closures continues.

On February 28, Carrefour Guangzhou Wanguo, which has been in business for nearly 20 years, officially closed its doors. According to the carrefour international store billboard, the store opened on August 20, 2002, and is also Carrefour's first store in Guangzhou, but it is now closed due to the expiration of the contract. After the news came out, many consumers said that it was difficult to accept, and it was another "memory of the times".

This is not the first time carrefour has closed its stores since the beginning of 2022. According to the data, since 2022, a total of 3 Carrefour stores have announced the closure of stores. These include carrefour Chongqing Shapingba store for 16 years, Carrefour Guangzhou Wanguo store for 20 years, and Carrefour Nanchang Shanghai Road store.

At the same time, as early as last year, Carrefour closed more than 20 stores, and in the second half of the year alone, it closed 7 hypermarkets, 8 convenience stores and 3 select stores, most of which are old stores that have been operating for more than 10 years.

Carrefour entered the Chinese mainland market in 1995 and was one of the first foreign retail companies to do business in China. In 2010, the number of Carrefour stores reached 249, and it was located in almost all major cities. However, with the impact of e-commerce platforms and the change of people's consumption concepts and many other reasons, traditional hypermarkets such as Carrefour began to decline.

In order to keep up with the new era, Carrefour has also made changes, such as entering the membership system. In 2021, Carrefour China opened 2 member stores in Shanghai's Pudong New Area and Qingpu District, but it still has little effect. According to the latest financial report data, Carrefour's revenue in 2021 fell by more than 10% year-on-year.

It is worth mentioning that Walmart, another traditional supermarket giant, also closed three stores in one day on February 24. The life of the hypermarket is not good, and the traditional supermarket does not know where the road is in the future.

Cyberspace Administration of China: From March 1, algorithms must not be used to influence online public opinion

Call takeaway to book a hotel, the membership price is more expensive than the non-member price, order takeaway, the platform price is more expensive than the store price, stay on a video for a few seconds, and then brush to all the similar content, such a situation, may never appear again

The Provisions on the Administration of Recommendation of Internet Information Service Algorithms jointly issued by the Cyberspace Administration of China and four other departments some time ago will take effect on March 1, 2022. The Provisions clearly state that algorithm recommendation service providers must not use algorithms to block information, over-recommend, manipulate lists, and other such interference information presentation; must not use algorithms to induce minors to become addicted to the Internet; and must not use algorithms to implement unreasonable differential treatment on transaction conditions such as transaction prices based on consumer preferences, trading habits, and other characteristics.

Previously, it has become a well-known fact that Internet manufacturers use big data to kill, using personal information to analyze consumers' purchasing power, and then push different pricing, and the introduction of this regulation means that algorithm-related industries officially bid farewell to the era of barbaric growth.

I believe that after the formal implementation of the new regulations, the scientific regulatory system has slowly established and improved, the implementation has regulations, the market has supervision, the industry has self-discipline, and the days when everyone was worried about being calculated by algorithms are gone forever.

NIO will be listed on the Hong Kong Stock Exchange in March through hearings

On 28 February, NIO announced that it had passed the hearing of the Hong Kong Stock Exchange and obtained the in-principle approval for the secondary listing on the main board of the Hong Kong Stock Exchange, and issued the relevant listing documents. According to the disclosure documents of the Hong Kong Stock Exchange, NIO Group is trading in 10 shares of Class A ordinary shares per lot, and plans to start trading on March 10. Nio Automobile adopted the introduction of the listing method this time, which simply summarized the listing behavior of not financing, and at the same time, did not dilute the interests of existing shareholders.

As for the reasons for listing in Hong Kong, WEIlai explained that providing investors with more trading location options and more flexible trading hours will help introduce more investors and be beneficial to the company's long-term development.

TikTok will expand the maximum video length to 10 minutes

On February 28, short video platform TikTok announced today that it will expand the maximum video length to 10 minutes. A TikTok spokesperson said: "Last year, TikTok launched a longer 3-minute video that allowed users more time to create and entertain on TikTok. Today, we're excited to start rolling out the ability to upload videos up to 10 minutes long, hopefully this will open up more creative possibilities for creators around the world." ”

Production was suspended at all Toyota plants in Japan

According to the Nikkei Chinese Network, on March 1, all Toyota plants in Japan (14 factories and 28 production lines) were shut down. The reason is that the suppliers that make Toyota auto parts have been attacked by cyberattacks, and the Toyota system that manages the supply of parts has been affected.

The company said on the evening of February 28 that it was "very sorry for the trouble caused to the relevant factories."

According to reports, Toyota is producing the "Corolla" and other products at the Takaoka plant in Aichi Prefecture, and the high-end car "Lexus" at the Tahara plant in the prefecture. In addition, many models are expected to be affected. The one-day shutdown at all plants in Japan will affect the production of about 13,000 vehicles, equivalent to 4 to 5% of Toyota's monthly production capacity in Japan.

The Apple Store opens up third-party payment channels to dating apps

According to Reuters, Apple said in a letter to the Dutch consumer watchdog that the company has complied with an order to open its App Store to alternative payment providers of dating apps in the Netherlands.

Apple announced on Jan. 5 that for the first time ever, the company will allow apps to bypass App Store payments, introducing external payment options. Apple typically requires developers to use the company's own payment system, which helps it charge commissions on apps on its platform.

The Dutch Consumer and Market Authority previously fined Apple $5.7 million (about 36.081 million yuan) a week for failing to comply with the order, saying apple's proposed solutions placed an unfair burden on developers.

Meta was exposed to disband the VR/AR operating system team

It is reported that Meta has disbanded as the company's virtual reality and augmented reality device development operating system work team, and some engineers have been transferred to the AR glasses and Oculus headset team. Meta's team developing operating systems for virtual reality and augmented reality devices is about 300 people.

It has been previously reported that Meta has stopped developing a customized operating system for quasi-reality and augmented reality devices, but Meta has responded that it does not plan to stop developing operating systems for VR/AR devices.