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Whip Bull Evening News: Baidu launched a new round of cadre rotation; Shell intends to double the main listing; Chuanjili has acquired Meizu

Editor's note: Whiplash will take stock of the important events that occurred today in the form of evening newspapers, covering the international and domestic science and technology Internet, and delivering industry information to practitioners and users in the technology industry.

— Domestic News — —

1. Shell announced its intention to double-major listing on the Hong Kong Stock Exchange

Shell today announced that it intends to list its Class A ordinary shares on the Main Board of the Hong Kong Stock Exchange in the form of an introductory basis with a par value of US$0.00002 per share. The Company's American Depositary Shares, representing three shares per ADSS, will continue to maintain a principal listing position and trade on the NYSE. Pending final approval by the Hong Kong Stock Exchange, the Company's shares are expected to commence trading on the Main Board of the Stock Exchange on May 11 under the ticker symbol "2423" and will be traded at 100 shares per lot.

2, OEM Apple car Apple Car? Foxconn: No comment

The latest news shows that Apple's orders in the automotive field may be entrusted to Hon Hai Group, a longtime partner that assembles the iPhone, the parent company of "Foxconn". Revelations from The Leaves ApplePro show that the development of Apple's car is underway, and the official release will still be in 2025 or the end of 2024. For this news, on May 4, Foxconn said that it would not comment on market rumors.

3. Kong Suying reported her ex-husband Rong Lanxiang, the principal of Shandong Lanxiang, in real name

Kong Suying, one of the founders of Shandong Lanxiang Technical School, publicly reported rong Lanxiang, the principal of Shandong Lanxiang Technical School, in a short video platform on May 4, accusing him of suspected of smuggling guns, rape, organizing inter-provincial fights between criminal and evil forces, false lawsuits resulting in more than 351 residents being homeless, and claiming that he had sufficient evidence in his hands to prove that he was willing to bear all the legal consequences if it were not a fact.

4, Tesla built a second factory in Shanghai, related people: is to expand production, not the second factory

According to Xiaoxiang Morning Post, in response to the "construction of a second factory in Shanghai", the accurate information obtained from relevant people inside Tesla is "it is an expansion of production, not a second factory". Yesterday, it was reported that Tesla said in a thank-you letter to the Shanghai municipal government that it plans to double local production capacity by putting into operation a new factory in Shanghai, thereby making it Tesla's largest car export center in the world for the production of Model 3 and Model Y.

5. The SEC will include more than 80 Chinese stocks such as Station B in the "pre-delisting list"

According to the official website of the US SEC, the agency added 88 Chinese stocks, including JD.com, Bilibili and Pinduoduo, to the "pre-delisting" list, bringing the number of Chinese stocks on the list to 105. Among the new companies, there are Huaneng International, China Aluminum, Bilibili, Pinduoduo, 36Kr, Tencent Music, Ctrip, Xiaopeng Automobile, JD.com, China Mobile, NetEase, Niolai Automobile, PetroChina, Kexing Bio and other companies.

6. Baidu's new round of cadre rotation: Shen Jian leads the intelligent cloud, and He Junjie is responsible for the mobile ecology

Baidu founder, chairman and CEO Robin Li sent a full email announcing the launch of a new round of cadre rotation: Shen Ji, executive vice president of Baidu Group, as the head of the Intelligent Cloud Business Group (ACG); He Junjie (Jackson) was promoted to senior vice president of the group and rotated as the head of Baidu's mobile ecological business group (MEG); Dr. Wang Haifeng continued to serve as the group's executive vice president and CTO, and no longer concurrently served as the head of the ACG.

7, May 1 box office nearly 300 million, industry insiders: to rebuild confidence in the film market

In the case of the withdrawal of a number of domestic films and the closure of the two major box office theaters in Shanghai and Beijing, the May 1st show contributed 297 million yuan to the box office. A number of industry insiders said that the industry originally did not have hope for this May 1st show, but the single-day box office on May 2 reached 80 million, which was the highest single-day box office in the past two months, and the overall performance of nearly 300 million box office was not as good as in previous years, but the rise in operating rate and the overall improvement of market activity did inject confidence into the film industry.

8. The Ningde era opened 10.83% lower, and the company's net profit in the first quarter fell by 23.62% year-on-year.

The Ningde era opened 10.83% lower today at 365 yuan. According to the first quarter report of 2022 recently disclosed by CATL, the company achieved operating income of 48.678 billion yuan in the first quarter, an increase of 153.97% year-on-year. The net profit attributable to the shareholders of the listed company was 1.493 billion yuan, down 23.62% year-on-year, and the net profit attributable to the shareholders of the listed company after deducting non-recurring gains and losses was 977 million yuan, down 41.57% year-on-year.

9. The price of the M5 four-wheel drive version of the M5 model has increased by up to 15,000 yuan

AITO Motors announced a price adjustment for the M5 4WD model. The price of the M5 four-wheel drive performance version model increased by 15,000 yuan, and the adjusted starting price was 294,800 yuan. The price of the four-wheel drive flagship model rose by 12,000 yuan to an adjusted price of 331,800 yuan; the price of the four-wheel drive to the best version model was not adjusted for the time being, and it was still 288,800 yuan. The price adjustment will take effect from 00:00 on May 6.

10, lululemon responded to "shoddy charging and being punished": the relevant batch of products has been removed from the shelves

Yoga pants brand Lululemon posted that it is deeply sorry for the fact that the filling of the Navigation men's down vest does not meet the national standard. The company removed the relevant batch of products at the first time, carried out detailed internal verification, and actively carried out rectification. According to reports, Lululemon Affiliate LuluLemon Trading (Shanghai) Co., Ltd. was fined more than 81,000 yuan and confiscated more than 23,000 yuan by the Beijing Xicheng District Market Supervision and Administration Bureau for violating Article 50 of the Product Quality Law.

11. The person in charge of the sauerkraut manufacturer in the pit was fined 2 million yuan

According to the credit China website, Hunan Jinrui Food Co., Ltd., a processing enterprise of "Soil Pit Sauerkraut", was given a penalty of suspension of production and business, and the legal representative of the enterprise and the director of the production plant were fined 1 million yuan respectively. The administrative penalty decision shows that Yang Licai, the legal representative of Jinrui Food, did not perform the main responsibility for food safety, and in order to reduce production costs, he purchased "soil pit" sauerkraut with food safety risks for production. Sun Zhiyong, the factory, knew that the "soil pit" sauerkraut could not provide product quality certificates, and there were food safety risks, so he cooperated with Yang Licai to put the raw materials of the "soil pit" sauerkraut into production without inspection.

12. Li Zhiqiang quit Sydney Company and was suspected of helping Sydney evade taxes

Recently, Hangzhou Chenfan E-commerce Co., Ltd., an affiliate of Sydney, underwent industrial and commercial changes, and the original investor Li Zhiqiang withdrew. Hangzhou Chenfan E-commerce Co., Ltd. was established in October 2016 with a registered capital of 6.0386 million yuan, and Zhu Chenhui (Sydney) is the legal representative and chairman of the board and holds shares. According to the tax department of Hangzhou City, Zhejiang Province, Zhu Chenhui (Sydney) and Lin Shanshan were punished for tax evasion, and Li Zhiqiang was suspected of planning, implementing and helping Zhu Chenhui and Lin Shanshan evade taxes.

13. NIO's response was included in the "pre-delisting list" by the US SEC

In response to the US SEC's inclusion of NIO in the "pre-delisting list", NIO responded today, "NIO has been actively exploring possible solutions to protect the interests of stakeholders." The Company will continue to comply with applicable laws and regulations and strive to maintain its listing status on the HKEX/NYSE. ”

14, SHEIN responds to the acquisition of the British fast fashion brand: the news is untrue

According to BoF Fashion Business Review, Chinese cross-border fashion e-commerce shein may be interested in bidding for British fast fashion brand Missguided, and other potential buyers include apparel retailers Asos, JD Sports and private equity funds CVC Capital Partners and Carlyle Group. In response, SHEIN responded that the message was untrue. It is understood that SHEIN has expanded several times through acquisitions and investments.

15. Chuanjili has acquired Meizu

Today, it is reported that Meizu has been acquired by Geely and is completing the closing stage. In response to this matter, Meizu officials did not comment. In January this year, some media reported that Geely Group's mobile phone company was in contact with mobile phone manufacturer Meizu to negotiate an acquisition. At the same time, the transaction is in the due diligence stage, and the price is not clear. At the time, Geely said it would not comment on market rumors. Meizu responded that it was grateful for its concern for Meizu technology.

16. Zeng Yuqun responded to CATL's lawsuit against competitors

At the online performance conference of CATL Times, Chairman Zeng Yuqun responded to the company's separate lawsuits against competitors such as Xinxinhang and Hive Energy, saying that innovation is the first driving force leading development, and protecting intellectual property rights is to protect innovation. Zeng Yuqun mentioned that cataline times and Tafer New Energy also had similar lawsuits and won the lawsuit. Tafer New Energy put forward the technical licensing requirements to the company, which can not only protect intellectual property rights, protect innovation, but also jointly promote the development of the industry.

— International News — —

1) Gates said Musk could make Twitter worse

According to Phoenix Technology, Microsoft co-founder Bill Gates said he wasn't sure what the future of Twitter would look like under Elon Musk. Gates said Musk may indeed make Twitter worse, but his past record is not. His achievements at Tesla and SpaceX are very exciting. He assembled a good team of engineers and had those who work in these areas present them in a less daring way, a little skeptical that this time would not happen, but should keep an open mind and never underestimate Elon.

Uber Q1 revenue was $6.854 billion, up 136% year-on-year

Uber released the company's fiscal first quarter 2022 earnings. Uber's revenue for the quarter ended March 31 was $6.854 billion, up 136% from $2.903 billion in the year-ago quarter, and 141% year-over-year excluding the impact of currency movements, and net loss attributable to Uber was $5.930 billion, compared to a net loss attributable to Uber of $108 million in the same period last year, a significant increase year-over-year.

3. The report said that the first Apple Store union election in the United States is scheduled for June 2

According to a document provided to The Verge, Apple has reached an agreement with Apple Store employees in Atlanta to hold union elections on June 2. If the vote is successful, these employees will be the first people in the company to join the union. Employees who will vote next month work at the Apple Store at the Cumberland mall in Atlanta.

4) Airbnb's CEO expects the company to downsize its offices and increase its travel expenses

Airbnb CEO Brian Chesky said he plans to downsize the office as the evolution of workplaces has made employee locations more dispersed, and expects the company to increase spending on travel expenses, according to Interface. The company will drastically reduce its office space and potentially spend a little more money on travel entertainment to gather people. Chesky said they can now work from almost anywhere in the world without a pay cut, a move he believes could attract other companies to follow suit, boosting the company's business.

5. Korean media: Samsung Electronics has set up a special working group to accelerate the pace of large-scale mergers and acquisitions

According to foreign media sources quoted by Jiwei Network, Samsung Electronics has set up a task force directly under the CEO responsible for the new business unit, and some analysts believe that large-scale mergers and acquisitions are coming. The task force is directly managed by Han Jong-hee, Vice President and Head of the DX Division, and chaired by Kim Jae-yoon, Deputy General Manager, who was the head of the Planning Team of the Management Support Office. Approximately 10 executives and employees from across the department, including the Planning and Strategy division, joined the group and are expected to accelerate the M&A initiative.

6. Activision Blizzard was sued by New York City due to the acquisition of Microsoft

According to it House, activision Blizzard has been subjected to a series of new lawsuits and allegations. New York City filed a lawsuit against Activision Blizzard, accusing Activision Blizzard CEO Bobby Kotick of rushing to sell the company to Microsoft to evade responsibility for wrongdoing and receive huge bonuses. New York City demanded that Activision Blizzard hand over a large number of internal documents, including materials related to the Deal with Microsoft, five other potential buyers at the time of the sale negotiations, a board memorandum, and documents that helped determine Kotick's understanding of the company's sexual harassment issue.

7) Musk slammed Apple for taxing the Internet by 30 percent: Definitely not

A few days ago, in response to the report that Apple's payment service was filed by the European Union antitrust lawsuit, Tesla CEO Elon Musk said on Twitter on Tuesday that apple's App Store commission is like a 30% tax on the Internet, which is definitely not OK. Apple's App Store has been charging 30 percent to app developers since its formation in 2008. Currently, the App Store has become one of the largest business centers in the world.

8, Apple listed the iPad Air2 and iPad mini as obsolete products

Apple reportedly added the iPad Air 2 and iPad mini 2 to its list of obsolete products, both of which have been out of market for more than five years. According to reports, the iPad Air 2 was released in October 2014 and is the first iPad Air equipped with touch ID fingerprint sensor. The iPad mini 2 was launched in November 2013. Some netizens said: "I think it can still be used, anyway, there is no money to buy new ones." "The first generation of iPad Air is still in use, and watching TV has no impact."

9. TCL responded to LG Electronics' lawsuit against infringement of TV-related standard patents

LG Electronics reportedly filed a lawsuit in the Eastern District Court of Texas, alleging that TCL's TVs sold in the United States infringed its standard patents. LG Electronics pointed out in the litigation documents that after filing an extension of the patent licensing contract with TCL in November 2018, it had proposed more than 10 negotiations in more than 2 years, but TCL refused. LG Electronics originally proposed the renewal period of the patent license contract at the end of 2018, but TCL only responded for the first time in February 2020. In response, TCL said that it had learned the relevant information and would respond appropriately to the lawsuit.

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