【PW hot spot】Xiaopeng Automobile: It is expected to solve the problem of rising battery costs in 1-3 quarters

Today is March 29, 2022, and there are 277 days left until the end of the year. On March 29, 2018, iQiyi was listed in the United States at $18 per share.

Xiaopeng Automobile: It is expected to solve the problem of rising battery costs in 1-3 quarters

He Xiaopeng, chairman of Xiaopeng Motors, said at the financial report performance meeting that at present, Xiaopeng Motors has maintained cooperation with several major battery suppliers, and this partnership is extremely valuable, and believes that after 1-3 quarters, it will have the ability to control the battery cost problems caused by rising material prices. In addition, He Xiaopeng revealed that Xiaopeng Automobile will carry out Robotaxi test operations on the Xiaopeng G9 in the fourth quarter of this year.

He Xiaopeng mentioned that Xiaopeng Automobile will launch two new model platforms and its first model in 2023, namely the C-class platform and the B-class car platform. The new platform will inherit and develop Xiaopeng Motors' electrification and intelligent driving capabilities, as well as manufacturing processes (such as ultra-large integrated die casting), to cover a wider range of user groups in the mid- and high-end market with great growth potential.

In the fourth quarter of 2021, Xiaopeng Automobile achieved revenue of 8.56 billion yuan, compared with 2.85 billion yuan in the same period last year, and the market expected 8.422 billion yuan; the net loss was 1.29 billion yuan, compared with a net loss of 787 million yuan in the same period of the previous year, and the net loss expected by the market was 2.693 billion yuan. Revenue for the first quarter is expected to be between RMB7.2 billion and RMB7.3 billion. 41,751 vehicles were delivered in the fourth quarter, up 222% year-over-year.

In the whole year of 2021, Xiaopeng Automobile's revenue was 20.99 billion yuan, an increase of 259.1% year-on-year; the annual delivery of 98,155 vehicles, an increase of 263% year-on-year, won the annual delivery championship of the new car-making forces. Among them, the delivery volume of Xiaopeng P7 exceeded 60,000 units, accounting for 61.7%.

He Xiaopeng, chairman and CEO of Xiaopeng Motors, revealed at the 2021 earnings performance conference that the medium- and long-term goal is to increase the company's overall gross profit margin to more than 25%.

Huawei: Net profit in 2021 was 113.7 billion yuan, up 75.9% year-on-year

Huawei released its 2021 annual report, with annual revenue of 636.8 billion yuan, down 28.6% year-on-year, and net profit of 113.7 billion yuan, an increase of 75.9% year-on-year. R&D investment reached 142.7 billion yuan, accounting for 22.4% of the annual revenue, and the cumulative R&D expenditure invested in ten years exceeded 845 billion yuan. Meng Wanzhou, Chief Financial Officer of Huawei, said: "Our scale has become smaller, but our profitability and cash flow acquisition capabilities are increasing, and the company's ability to cope with uncertainty is constantly improving. "In 2021, Huawei's operating cash flow reached 59.7 billion yuan; the asset-liability ratio was reduced to 57.8%.

In terms of revenue structure, the operator business was 281.5 billion yuan, accounting for 44.2% of the total revenue, and the overseas revenue accounted for more than 50%; the enterprise business was 102.4 billion yuan, accounting for 16.1% of the total revenue, and the revenue of emerging services increased by 30%; the consumer business was 243.4 billion yuan, accounting for 38.2% of the total revenue, and the revenue of smart wear and smart screen increased by 30%.

Huawei's business architecture changes HiSilicon became a first-level department

In Huawei's 2021 annual report released yesterday, Huawei listed the latest business architecture map, in which HiSilicon became a first-level department of Huawei.

According to reports, HiSilicon is a semiconductor company founded in 2004 by Huawei, formerly known as Huawei Integrated Circuit Design Center. HiSilicon is committed to creating a leading performance, safe and reliable semiconductor cornerstone for multi-scenario intelligent terminals such as smart cities, smart homes, and smart travel.

Miao Wei, deputy director of the Economic Committee of the National Committee of the Chinese People's Political Consultative Conference: In specific scenarios, the development and application of automatic driving can be faster

According to Sina Technology, recently, the eighth China Electric Vehicle 100 Forum was held in Beijing, miao Wei, deputy director of the Economic Committee of the National Committee of the Chinese People's Political Consultative Conference, said that after exchanging views with Robin Li, he found that it is more prudent to fully realize unmanned driving, but in some logistics, communities and ports and other specific scenarios, the development and application of automatic driving can be completely faster.

In Miao Wei's view, "If China did a good job in the first half of the automotive industry's transformation, the intelligence of the second half is the key to victory." "However, car intelligence is not an easy task, it requires full-stack participation with digital perception, calculation, execution, interconnection, etc., is a complete set of systems."

Miao Wei pointed out that the deep collaboration across industries is crucial to the intelligent development of the next generation of automobiles, not only the participation of automobile OEMs, but also the close collaboration of machinery, communications, artificial intelligence, Internet, chips, road transportation, urban construction, etc., and ultimately building the car into a large-scale mobile intelligent terminal.

The labor agreement for takeaway riders is not standardized, and the Heilongjiang Provincial Human Resources and Social Security Department interviews Meituan

According to CCTV news, recently, the Meituan riders in Heilongjiang Province reported the problem of arrears of wages, and the Heilongjiang Provincial Human Resources and Social Security Department held a video conference on March 28 to conduct an online interview with the Meituan. This is also the first time that the human resources and social security department has interviewed the platform company to promote the healthy development of the new employment form since the implementation of the "Guiding Opinions on Safeguarding the Labor Protection Rights and Interests of Workers in New Employment Forms" in the province.

The UK allocated £685 million for decarbonisation of the aerospace sector

According to Interface News, the UK government has said it will allocate a record £685 million to the Aerospace Technology Institute (ATI) over the next three years to develop aerospace technology. That amount is £235 million more than in the previous three years. The UK government says the funding will be used to support research and development of zero-carbon and ultra-low emission aircraft technology.

Apple intends to cut iPhone SE production in the second quarter or affect demand due to high inflation

According to Nikkei, apple plans to reduce iPhone SE production by 20 percent next quarter due to lower demand than expected, or cut production orders by about 2 million to 3 million units from the original plan; reduce orders for AirPods wireless headphones by more than 10 million units for the whole of 2022.

Earlier this month, Apple released a 5G version of the iPhone SE, a low-cost phone aimed primarily at buyers in emerging markets. Counterpoint Research said the 4G version of the earlier iPhone SE accounted for 12 percent of total iPhone sales from the second quarter of 2020 release period until the end of 2021.

Apple also reportedly asked suppliers to reduce overall production of the iPhone 13 series by 2 million units from previous plans, but Apple said the adjustment was based on seasonal demand.