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Details of the crash of the passenger plane of China Eastern Airlines have been announced, and no survivors have been found丨 large company dynamics

【Today's Spotlight】

Details of the crash of the China Eastern Airlines passenger plane have been announced, and no survivors have been found

The relevant personnel of the Civil Aviation Administration informed that Flight MU5735 of China Eastern Airlines took off from Kunming at 13:16 on March 21, and maintained a cruising altitude of 8900 meters at 14:17 to enter the Guangzhou control area. At 14:20, the controller found that the altitude of the aircraft dropped sharply, and immediately called the crew several times, but did not receive any reply, and at 14:23 the radar signal of the aircraft disappeared, and after verification, the aircraft crashed in Teng County, Wuzhou City, Guangxi Zhuang Autonomous Region. As of the 22nd, no surviving personnel on board have been found. The aircraft was introduced on June 22, 2015, and as of the time of the accident, a total of 8,986 flights, totaling 18,239 hours. (CCTV News)

China Eastern Airlines: Meet the airworthiness requirements before the flight takes off All passengers' families have been contacted

At 9:00 p.m. on March 22, the National Emergency Response Command held a press conference in Wuzhou, Guangxi. At the press conference, the spokesperson of China Eastern Airlines introduced the current rescue work: First, pay close attention to the search and rescue situation of passengers, closely contact with the party committee and government of Guangxi Zhuang Autonomous Region, Wuzhou Municipal Party Committee and Municipal Government, and be ready to provide resources and capacity guarantees at any time; second, make every effort to do a good job in the assistance of passengers' families, quickly open an assistance hotline, and at the same time take the initiative to contact their families through various channels, fully grasp the passenger information as soon as possible, and contact the families of all 123 passengers within 24 hours. Set up more than 100 family assistance work teams to carry out family assistance work in an orderly manner; the third is to carry out a large-scale investigation of potential safety hazards, comprehensively strengthen flight, aircraft maintenance, air security and passenger and cargo inspection and link control, and ensure the absolute safety of aviation operation with the highest standards, strictest requirements, strongest strength and most practical style. (CCTV News)

President of Boeing: Technical experts have been dispatched to provide full support for the investigation under the leadership of the Civil Aviation Administration of China

President Boeing sent an open letter to all employees on yesterday's China Eastern Airlines accident: Since the air crash, it has maintained close communication with customers and regulatory authorities, and sent technical experts to provide full support for the investigation work under the leadership of the Civil Aviation Administration of China. Information on relevant developments will be provided, as permitted by the Principles of International Accident Investigation.

Dinglong Culture: Fang Fang, Chief Financial Officer, took flight "MU5735"

Dinglong Culture announced at noon on March 22 that "many executives of Dinglong Culture took flight MU5735" and "7 directors of Dinglong Culture were on the wrecked plane" and other online rumors were not true. After verification, Ms. Fang Fang, the Company's Chief Financial Officer, took flight "MU5735" at 13:15 on March 21, 2022. The company will pay close attention to the follow-up progress of this accident, properly arrange the pension work of the relevant employees' families and the company's various production and operation work, and will fulfill the information disclosure obligation in a timely manner in accordance with relevant regulations.

【Science and Technology Circle】

Xiaomi Group: Achieved adjusted net profit of 22.0395 billion yuan in 2021, an increase of 69.5% year-on-year

Xiaomi Group's total revenue in 2021 reached RMB328.3 billion, an increase of 33.5% year-on-year, and adjusted net profit reached RMB22 billion, an increase of 69.5% year-on-year. Global smartphone shipments increased 30.0% year-on-year to 190.3 million units in 2021. Xiaomi executives introduced in the conference call that in December 2021, the number of monthly active users of MIUI reached 510 million, an increase of 28.4% year-on-year.

Galaxy Microelectric: Temporarily suspended due to the impact of the new crown pneumonia epidemic

Galaxy Microelectronics announced in the evening that the Changzhou Municipal Epidemic Prevention and Control Command decided to use March 19 to March 21 to focus on two rounds of regional full nucleic acid testing, and the management decided to temporarily stop production after careful discussion. The company belongs to the manufacturing enterprises, the temporary suspension of production affected by the epidemic will delay the production and delivery of some of the company's products, which will have a certain adverse impact on the company's first quarter performance. The company's initial investment project "Semiconductor Discrete Devices Industry Upgrading Project" is currently in the stage of hydropower installation and decoration engineering, and there is still uncertainty about the epidemic situation, which is expected to adversely affect the completion progress of this stage to a certain extent.

Realme Xuqi: Chip shortages have eased, and the mobile phone market fell more than expected in the first quarter

On March 22, Xu Qi, vice president of realme and president of China, said that the shortage of mobile phone chips has eased since the beginning of this year, and the price of some chips has been reduced, but it remains to be seen whether the overall cost of mobile phones has declined. However, due to the decline in the mobile phone market in the first quarter than expected, it is expected that the competition in the mobile phone market will further intensify in the next year. (The Paper)

Dutch antitrust agencies fined Apple another 5 million euros

Dutch antitrust agencies said Monday that Apple had submitted a new proposal to try to resolve the dispute. The Dutch User and Market Rights Protection Agency (ACM) failed to disclose the content of Apple's new plan, and it has fined Apple 5 million euros ($5.5 million). Apple does not allow dating software developers to use non-Apple payment methods in the Netherlands, and the Netherlands is dissatisfied. Since the dispute arose in January, the Netherlands has fined Apple nine times, accumulating 45 million euros. (Sina Technology)

Qualcomm announced the establishment of a $100 million Snapdragon Meta Universe Fund

According to Qualcomm China, Qualcomm announced the establishment of a $100 million Snapdragon Metaverse Fund to invest in developers and enterprises that create unique immersive XR experiences and related core AR and AI technologies. (Financial Associated Press)

【Internet】

DingTalk released a new logo to officially launch do not disturb mode

On March 22, DingTalk released a new logo and brand slogan. It is reported that this is the first time that DingTalk has updated the logo in the 7 years since its establishment. In addition, DingTalk officially launched the Do Not Disturb mode, which users can turn on after work, and the mobile phone will no longer receive message notifications such as single chat and group chat. (CCTV Technology)

For the first time, DingTalk published its ecological strategy map and announced that it would be commercialized

At the 2022 DingTalk press conference, President Ye Jun released the DingTalk ecological strategy, announced the ecological panorama of DingTalk for the first time, and launched the immersive ToB application - Cool Application. DingTalk only does the basic capability platform, maintains the positioning of the collaborative office and application development platform unchanged, continues to strategically invest in basic products such as documents, audio and video, and the rest is handed over to the ecology, including professional applications in industry applications, people, property, supply and marketing research and other scenarios, and fully ecological hardware. In addition, Ye Jun announced that DingTalk will be commercialized, put forward a key customer strategy, and will form a key customer team to serve customers together with Alibaba Cloud ecology and DingTalk ecosystem. (36Kr)

On March 22, Alibaba Group announced that it will continue to expand its repurchases, expanding the size of its share repurchase program from $15 billion to $25 billion, which will last until the end of March 2024. The move also set a record for the repurchase size of Chinese stocks. According to the official announcement, Alibaba Group's Board of Directors also announced the appointment of Shan Weijian, Executive Chairman of Taimeng Investment Group (PAG), as an independent director of the Board of Directors, effective March 31, 2022, and will become a member of the Audit Committee.

Tencent Music's Q4 2021 online music paid users reached a new high of 76.2 million, and it is planned to be listed for the second time in Hong Kong

Tencent Music released its 2021 Q4 and annual financial reports. According to the financial report, in Q4 and 2021, Tencent Music's overall performance was healthy and continued to grow steadily, with a number of core data such as total revenue and the company's adjusted net profit meeting or exceeding market expectations, and the number of online music paid users reaching a new high of 76.2 million. In addition, Tencent Music plans to be re-listed on the Main Board of the Stock Exchange of Hong Kong Limited in the form of an introduction subject to regulatory approval.

【Auto Circle】

Xu Jiayin: "Hengchi 5" must achieve mass production on June 22

At 7 o'clock tonight, Evergrande New Energy Automobile Group held a "Hengchi 5" mass production mobilization meeting, and Xu Jiayin, chairman of the board of directors of Evergrande Group, said at the meeting that it will be three months and June 22 must achieve hengchi 5 mass production. (Sina Finance)

"The salary of the post is about 500,000 to 800,000, if the interview result is good, you can give a higher level of grading, the salary is higher, and there are options." Liu Sheng, a research and development personnel of an automaker, said that he recently received an invitation to search for relevant talents for Didi Car. Liu Sheng believes that Didi has begun to establish an independent research and development system and lay out research and development teams in Beijing and Shenzhen. At present, Didi has not yet replied to the car construction.

Xiaomi Group: The size of the automotive business research and development team has exceeded 1,000 people

Xiaomi Group: Following the announcement of car-building plans in March 2021, Xiaomi's smart electric vehicle business has advanced faster than expected. Up to now, the scale of the automotive business R&D team has exceeded 1,000 people, and it will continue to expand R&D in core areas such as autonomous driving and intelligent cockpit in the future; it is expected to be officially mass-produced in the first half of 2024.

Weichai Group: Ferretti Italy plans to list in Hong Kong at the end of March

According to Weichai Power, at 5 p.m. on March 21, the press conference of Ferretti Co., Ltd. to Hong Kong was held in Beijing. Ferretti Group is one of the world's oldest Italian luxury yacht producers and a recognized leader in the global luxury yacht industry. In 2012, Weichai Group strategically reorganized Ferretti Group, promoting Ferretti into a new stage of healthy development. In order to accelerate capital securitization, Ferretti AG of Italy is scheduled to be listed in Hong Kong on March 31.

Century Huatong: At present, orders for new energy auto parts from Tesla, Weilai, BYD and other new energy vehicles have increased year by year

Century Huatong said on the interactive platform that the company's automobile industry sector has gradually increased its cooperation with new energy vehicle companies in recent years in line with the needs of market changes and development, and at present, orders for new energy auto parts from Tesla, Weilai, Xiaopeng Automobile, WM, BYD and other new energy vehicles have increased year by year, and the business volume has increased significantly.

Tesla's German factory officially put into production Musk personally delivered the key to the first Model Y owner

On March 22, it was reported that Tesla's Berlin Gigafactory will officially open on March 22, local time, and the first batch of German-made Model Y will also begin to be delivered. Tesla CEO Musk has arrived at the German Gigafactory ahead of schedule and will personally deliver the Model Y car keys to the first owner.

【Big Consumption】

Insiders: Moutai official new e-commerce platform "may be online at any time"

It was learned from informed sources that Moutai "secretly" launched the development plan of new e-commerce half a year ago, and the initial work is basically completed, and its official new e-commerce platform will be "possible to go online at any time"! (Shanghai Securities News)

【Real Estate Circle】

Sean, Executive Director of China Evergrande: China Evergrande's overseas debt contract is US$22.7 billion

At a conference call for investors of China Evergrande Group held this evening, Sean, executive director of China Evergrande Group, said that China Evergrande's overseas debt contract is currently $22.7 billion. At present, the company is organizing an intermediary team to further sort out and summarize specific information. (Sina Finance)

Evergrande Property: The company has deposits of about 13.4 billion yuan that have been enforced by the relevant banks

Evergrande Property announced on the Hong Kong Stock Exchange that in the course of reviewing its financial reports for the year ended 31 December 2021, it was found that the Company had deposits of approximately RMB13.4 billion, and the pledge deposit provided by a third party had been enforced by the relevant banks. The Company will set up an independent investigation committee and arrange for experts to investigate the pledge guarantee.

Management of China Merchants Shekou: It is in contact with a number of housing enterprises to talk about mergers and acquisitions, and the industry is not easy this year

From the 2021 annual performance meeting of China Merchants Shekou, it was learned that when talking about the actions of mergers and acquisitions projects, Jiang Tiefeng, managing director of China Merchants Shekou, said that at present, China Merchants Shekou is in contact with a number of housing enterprises, and if there is progress, it will be disclosed, and the company will cautiously promote mergers and acquisitions. "Some projects look good from the outside world, but in fact, they don't work at all when they go in and do their due diligence." Jiang Tiefeng said. (The Paper)

Sunac China: Postponement of reviewed last year's results, expected net profit to fall by about 85%

Sunac China announced that it expects to postpone the release of its 2021 audited annual results. Net profit attributable to the Company's owners is expected to decline by approximately 85% in 2021 compared to 2020, and core net profit is expected to decline by approximately 50% from 2020. It is mainly due to the investment loss of shell shares disposed of by the company in 2021, and at the same time due to the severe environmental impact of the real estate industry in the second half of 2021.

The Guangzhou Intermediate People's Court of Guangdong Province stated in a March 17 announcement on the dispute over the financial loan contract of Guangzhou Baoshi Logistics Co., Ltd., Yao Zhenhua, Shenzhen Baoneng Investment Group Co., Ltd., and Shenzhen Jushenghua Co., Ltd., stating that when the court accepted the case, because Yao Zhenhua's whereabouts were unknown, it served him with a copy of the (2021) Yue 01 Min Chu No. 1750 Civil Complaint, evidentiary materials, notice of response to the lawsuit, notice of evidence, notice of notification to members of the collegial panel, and instructions for the Internet of judgment documents. Integrity Oversight Card. In response to the above news, Yicai learned from Baoneng insiders that Yao Zhenhua is currently working in the company, "Yesterday (March 21), he also went to Baoneng Automobile's Shenzhen factory for work inspection."

【Medical Circle】

Liuyao Pharmaceutical Co., Ltd.: The company has carried out close communication with Pfizer and China Pharmaceutical, and has reached a cooperation so far

LiuYao co., Ltd. said on the interactive platform that the company has carried out close communication with the manufacturer Pfizer and the commercial operator China Pharmaceutical in the Chinese mainland market on the distribution of Pfizer oral new crown drugs in Guangxi, and has reached cooperation so far that the first batch of drugs will arrive in Guangxi in the near future.

【Logistics Industry】

Prologis, the world's largest warehouse owner, launched a bid for Blackstone's €21 billion warehouse assets

According to FT Chinese.com on March 22, Prologis, the world's largest warehouse owner, has launched a bid for Blackstone's logistics portfolio, which will be the largest private real estate transaction ever. Prologis made a slightly more than €21 billion non-binding takeover offer to Mileway, a portfolio of nearly 2,000 European warehouses that Blackstone has built over the past six years through acquisitions, according to people familiar with the matter. (Financial Associated Press)

【Financial Street】

The national endowment insurance was approved to open for business

On March 22, the Banking and Insurance Regulatory Commission issued a reply saying that it agreed to open the National Pension Insurance Co., Ltd. with a registered capital of 11.15 billion yuan. The reply shows that Ye Haisheng was approved as the chairman of the national pension insurance and Huang Tao as the general manager. Among them, Ye Haisheng is the director of the Capital Project Management Department of the State Administration of Foreign Exchange. In terms of shareholders, the shareholder composition of national pension insurance is relatively diversified, including bank wealth management subsidiaries, insurance companies, securities companies, financial service platforms of central enterprises, and companies under local state-owned assets operation platforms.

Will you join Quanguo Fund? Zhao Yi, the 2020 public champion, responded: I am not convenient to confirm now

On March 22, the industry news, ABC Huili Zhao Yi has submitted a resignation application to the company, the next stop or will join the Quanguo Fund. In this regard, Zhao Yi told the financial reporter of Yin persimmon, "This first wait, I am not convenient to say now." I don't know about these things that others have passed on, so let's talk about it later, I'm not convenient to confirm it now, wait a while. Quanguo Fund said, "We don't know, the Agricultural Bank of China Huili did not issue an announcement, subject to the announcement of the Agricultural Bank of China Huili." Follow-up if we have news will be communicated in time. (Silver Persimmon Finance)

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