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Huawei 5 times the salary to recruit genius teenagers! Wanda refutes rumors of mass layoffs...

author:Sales & Management

Author: Zicheng

TO news interpretation

Huawei 5 times the salary to recruit talented teenagers

On May 19, Huawei's recruiter Weibo announced that Huawei is recruiting "talented teenagers" around the world, and Huawei is eager for "talented teenagers" who are capable and willing to challenge world-class problems.

Huawei 5 times the salary to recruit genius teenagers! Wanda refutes rumors of mass layoffs...

The requirements are not limited to academic qualifications or schools. He has made special achievements in mathematics, physics, chemistry, materials, computers, intelligent manufacturing and other related fields and is interested in becoming a technology leader. The bonus points are heavyweight scientific research achievements/papers/patents, graduation from key laboratories/top classes, and awards in top international competitions. Huawei said that it will provide "talented teenagers" with world-class challenges, mentors, global platforms and resources, and 5+ times salary.

Huawei 5 times the salary to recruit genius teenagers! Wanda refutes rumors of mass layoffs...

Interpretation: Huawei's "Genius Youth" program is a project launched by Huawei founder Ren Zhengfei in 2019 to attract top talents with top challenges and top salaries.

In June 2019, Ren Zhengfei, Huawei's founder and CEO, signed an internal document proposing for the first time a "talented youth" recruitment plan to recruit outstanding young people from around the world. According to the plan at that time, the salary of the "genius boy" was divided into three levels, the highest grade was 1.82 million to 2.01 million yuan, the second was 1.405 million to 1.565 million yuan, and the third level was 896,000 to 1.008 million yuan.

From 2020 to 2021, Huawei recruited about 26,000 fresh graduates, of whom more than 300 were "talented teenagers" defined by Huawei. In 2022, Huawei plans to recruit more than 10,000 fresh graduates.

Last year, on June 10, Huawei's voice community recently disclosed Ren Zhengfei's selection criteria for talented teenagers, saying, "The current education system may still be stuck in the era of the industrial revolution, and the theoretical construction is not enough, which is not suitable for the information age. The most important thing for the talented teenager in our company is to look at his problem-solving ability, not his comprehensive quality. ”

In March this year, Huawei founder Ren Zhengfei answered a question about Huawei's talented young people leaving to start a business at a symposium of winners and experts inside and outside the "Unveiling the Difficult Problems" Spark Award, Ren Zhengfei said, "We can't monopolize talents, employees want to go out to start a business or go to other companies, people make the best use of their talents, and play their value, which is useful to the country." Ren Zhengfei said that there are also reflections on the talent mechanism, for example, some people do not use what they are best at after entering the company, and not playing a role is equivalent to wasting their youth.

Ren Zhengfei said at the time that entering Huawei, the title of "genius boy" is gone, positioning "genius teenager" is mainly used for the grading and salary of entry, "All new employees in the Sanyapo induction training, everywhere is the topic announced by the list, everyone has to enthusiastically reply to the post, someone will read this post, someone will come to you for coffee, you have to communicate seriously, objections or approvals." They are selecting people, and these experts have the power to rank you on the spot and set jobs, because they are very good experts themselves. If he thinks you can develop, the rank will be set high, so why do you have to start at the lowest level? He can also pull you into his project team, and you go straight into the big project team. A large project team does not refer to a large scale, but a high-end project team. ”

According to official data, in 2022, Huawei's total R&D expenditure will be RMB161.5 billion, with R&D expenses accounting for 25.1% of sales revenue, and the proportion of R&D invested in R&D is a record high, and more than 10% of sales revenue is invested in R&D every year, with a cumulative R&D investment of more than 977.3 billion yuan in the past decade.

Huawei 5 times the salary to recruit genius teenagers! Wanda refutes rumors of mass layoffs...

As of December 31, 2022, Huawei had approximately 207,000 employees, and R&D employees accounted for 55.4% (approximately 114,000) of the total number of employees. It holds a total of 120,000 valid authorized patents worldwide. In 2022, Huawei continued to rank first with 7,689 PCT international patent applications.

Wanda Group: The news of large-scale layoffs on the Internet is untrue

Wanda Group issued a statement on its official website on May 20, saying that the company is indeed optimizing and adjusting, involving the compression of individual departments, but there is no large-scale layoff, some departments are still increasing personnel, and large-scale layoffs are false news. Earlier, it was reported that people close to Wanda Group said that the group would start large-scale layoffs before June to reduce personnel costs. At the same time, Wanda also "pounced money" everywhere through pledge financing, reduction of holdings and cash-out.

Huawei 5 times the salary to recruit genius teenagers! Wanda refutes rumors of mass layoffs...

Interpretation: A few years ago, Wang Jianlin said in a public speech that in a few years, Wanda's rental income will reach 100 billion yuan. He also proudly chanted at the scene: "Let the wind and waves rise, sit firmly on the fishing boat." ”

Since last year, Wanda Group has continued to race the ground, aggressively digging the bottom, and during the real estate turbulence period, it has put on a posture of a white knight and successfully landed. However, it has recently been reported that Wanda Group is negotiating a debt moratorium with banks, and the cash flow pressure brought by Zhuhai Wanda Commercial Management's tortuous road to listing has once again attracted attention from the outside world.

This move of Wanda Group is regarded by the outside world as the company's liquidity pressure has been very severe. At the internal meeting held a few days ago, Wang Jianlin also admitted that Wanda encountered phased difficulties.

The short-term liabilities of Dalian Wanda Commercial Management have soared because the company included the share repurchase proceeds of Zhuhai Wanda Commercial Management Group in this item for statistics. This is also the biggest hanging sword on the head of Wanda Group.

Wang Jianlin had high hopes for Zhuhai Wanda Commercial Management's asset-light model, which quickly initiated the process of listing in Hong Kong, submitting its first prospectus in October 2021. However, what Wang Jianlin did not expect was that Zhuhai Wanda Commercial Management's road to listing was quite bumpy, and three consecutive IPO applications ended without success.

Under high pressure, the company began to take action from many sides to save the decline. Within the company, cost reduction and efficiency improvement have become the key words. Externally, the Wanda department began to "pounce money" everywhere to alleviate the liquidity crisis.

Wanda has also restarted overseas financing that has been suspended for a long time, and Dalian Wanda Commercial is the first domestic-funded private enterprise to resume offshore capital market financing in 2023. In January and February this year, Dalian Wanda Commercial Management issued a 402-year and a 300 million 3-year US dollar bond, each with a coupon rate of up to 11%, to refinance existing debt. In March, Dalian Wanda Commercial Management planned to apply for the issuance of 6 billion yuan of small public bonds, but was questioned by the China Securities Regulatory Commission.

In addition to pledge financing and bond issuance, Wanda also cashed out by reducing its holdings in the secondary market. In addition, some market sources said that Wang Jianlin has repeatedly traveled to cities in Northeast China and Central China to contact the local government to provide support, but the effect is not optimistic.

Wang Jianlin once said that becoming the richest man is not his goal, his goal is to become a world-class multinational company. But for now, Wanda Group still has a long and tortuous road to this goal.

Zhu Wenchen, the former richest man in Henan and the actual controller of Furen Pharmaceutical, disappeared

*ST Furen recently announced on the Shanghai Stock Exchange that it paid attention to a "Notice of Case Registration Service Announcement" about the actual controller, the content of which showed that the actual controller of the company, Zhu Wenchen, was suspected of information disclosure violations and violations, and on April 3, the China Securities Regulatory Commission Inspection Corps decided to file a case against him, but repeatedly contacted him without success, and announced the service of the "Notice of Case Registration" in accordance with the law. This also means that up to now, Zhu Wenchen has disappeared.

Huawei 5 times the salary to recruit genius teenagers! Wanda refutes rumors of mass layoffs...

Interpretation: The rise and fall of Furen Pharmaceutical is inseparable from Zhu Wenchen and Furen Group.

In 1993, Zhu Wenchen established Henan Furen Pharmaceutical Co., Ltd. and gradually began asset acquisition and expansion. Since then, Furen Pharmaceutical's products have covered traditional Chinese medicine preparations, western medicine preparations, biochemical pharmaceuticals, biopharmaceuticals, APIs and other categories. Through the pharmaceutical business, Zhu Wenchen has accumulated a lot of wealth, and in 2012, he became the richest man in Henan with 7.6 billion yuan, and the following year with a fortune of 8.5 billion yuan.

On November 13, 2017, Furen Pharmaceutical announced that it would acquire 100% of Kaifeng Pharmaceutical Group held by 14 transaction partners, including Furen Pharmaceutical Group, by a combination of issuing shares and paying cash, with a total transaction price of 7.809 billion yuan. and raise funds from the non-public offering of shares to no more than 10 eligible specific objects, with a total amount not exceeding RMB5.3 billion.

From the perspective of the volume of Kai Pharmaceutical Group and Furen Pharmaceutical, it is clear that this is a "snake swallowing" acquisition. This acquisition became the largest acquisition in China's capital market at that time, and through this acquisition, Zhu Wenchen's personal wealth also skyrocketed.

However, the good times did not last long, on July 16, 2019, Furen Pharmaceutical announced a dividend plan of more than 62 million yuan, but three days later, Furen Pharmaceutical announced that the company's available funds were only more than 3.77 million.

However, the financial report shows that at the end of the first quarter of 2019, the company's book currency funds were as high as 1.816 billion yuan, why can't even get more than 60 million yuan now, there is an uproar.

On October 27, 2020, after an investigation by the China Securities Regulatory Commission, Furen Pharmaceutical was punished for a number of violations such as false records, overdue debts, capital occupation, and illegal guarantees, and imposed a fine of 1.5 million yuan on the actual controller Zhu Wenchen and was banned from the market for 10 years.

According to the investigation, Zhu Wenchen has used up to 2.7 billion yuan of capital over the years, and he will use the money from non-operating funds to buy overseas assets, including a California vineyard-level villa worth more than $15 million and covering 395 acres.

Some investors lamented that Furen Pharmaceutical has fallen from the former "pharmaceutical white horse" to the situation of delisting, and Zhu Wenchen's Furen business empire has also collapsed.

From the richest man to the old Lai, the legendary life of Furen Pharmaceutical CEO Zhu Wenchen can be described as full of mysteries.

TO people/opinions

Dong Mingzhu said that Gree had not bought other people's technology

On May 20, at the third Jiangsu Development Conference, Dong Mingzhu, chairman and president of Zhuhai Gree Electric Appliance Co., Ltd., said: We started from an enterprise with 200 people, from an enterprise with an annual output of 10 million to today's scale of 200 billion, mainly from innovation. Gree Electric has not had a joint venture for more than 30 years, has not introduced technology, and has not bought other people's technology, all of which have been developed through its own team. So far, we have 110,000 patented technologies.

Baidu Vice President Ma Jie left, and the metaverse business "Xi Long" fell into a marginal crisis

Ma Jie, vice president of Baidu and head of Baidu's "Xiyang" business, has recently left, although the Xiyang team has not been disbanded, but the future is not clear, and some personnel have been transferred or resigned. Insiders said that the metaverse business is difficult to see a good business model in the short term, the profitability is poor, and Baidu's shift to AIGC-related business and unwillingness to invest more resources in the metaverse business are the main reasons for the marginalization of Xiyang. As of press time, Baidu has not responded to this news.

Chen Rui, chairman and CEO of station B: The number of ChatGPT-related videos on station B exceeded 200 million

Chen Rui, chairman and CEO of Bilibili, said in a speech at the 10th China Network Audiovisual Conference on the 30th, "Young people's interest in scientific and technological content is getting stronger and stronger, and at present, technology-based videos have become one of the most popular content for users on station B. In 2022, 200 million users watched technology videos on site B. "The data shows that in the past year, the submission of artificial intelligence-related videos on station B increased by more than 86% year-on-year, and the cumulative number of ChatGPT-related videos exceeded 200 million. At present, the average number of monthly active UP owners of station B has reached 3.8 million, and the average monthly video submission volume has exceeded 17.6 million.

Zhang Chaoyang said that the hype of domestic large models is overheated, and the Internet opportunity is not over

In the recently held "2023 Sohu Technology Summit" interview, he talked about his views on the involvement of many domestic enterprises in large-model competition. Zhang Chaoyang believes that due to the involvement of algorithms and natural language processing, the research and development of large model products needs to have a background foundation and sufficient financial strength. At present, the artificial intelligence industry is developing rapidly around the world, and the hype of large models in China is a bit overheated at this time, and it is necessary to maintain a clear understanding of the development of Internet technology. Zhang Chaoyang stressed that the Internet continues to be the biggest opportunity for young people, because the revolution brought by the Internet and the opportunities brought by it have not ended, such as from video media to short video interaction, and then to diversified live broadcast forms, there are various business models for young entrepreneurs to choose.

Lee Ka-chiu: The Hong Kong-Shenzhen Innovation and Technology Park will become the largest I&T platform in Hong Kong

The Chief Executive of the Hong Kong Special Administrative Region, Mr John Lee Ka-chiu, said in a video speech at the 2023 Greater Bay Area Science Forum "Guangdong-Hong Kong-Macao Innovation and Development" sub-forum that the Hong Kong-Shenzhen Innovation and Technology Park in the Loop will become the largest I&T platform in Hong Kong, and will form the Shenzhen-Hong Kong Innovation and Technology Co-operation Zone together with the Shenzhen Innovation and Technology Innovation Park. Under the "one country, two systems", the Co-operation Zone will realize "one district, two parks" located on "both sides of one river", gather global talents, and contribute to the high-level opening up of the Greater Bay Area.

Zhu Xufeng: It cannot be said that ChatGPT surpasses all the technologies in history

News on May 20, Zhu Xufeng, dean of the School of Public Administration of Tsinghua University, recently said that ChatGPT is a subversive innovation, but from the perspective of the social impact of the development of science and technology in human history for thousands of years, the current development of artificial intelligence has not reached the level of influence of steam engines and printing. He said that in the long historical development of human beings, the invention of technology must have an impact on society. But you can't just look at recent inventions and say that it will surpass all the technologies in history, I don't think you can say that. At the same time, new technologies will bring security, privacy, ethics and other issues, we need to strengthen governance and strengthen ethical supervision.

Midea founder He Xiangjian invested 3 billion yuan to establish a science fund

At the opening ceremony and main forum of the 2023 Greater Bay Area Science Forum, the "He Xiangjian Science Fund" initiated by Midea Group founder He Xiangjian in his personal name was officially released. It is reported that He Xiangjian will personally contribute 3 billion yuan to establish the science fund.

TO data speaks

The per capita deposit in Beijing and Shanghai exceeded 200,000 yuan, and the per capita deposit in Hangzhou exceeded that of Guangzhou and Shenzhen with 160,000 yuan

Household deposits refer to the savings deposits of residents absorbed by banking financial institutions through credit and deposits absorbed by other means at the disposal of the household sector (a sector composed of households and non-profit institutions serving them). According to local statistical bulletins and public data, the reporter found that among the top 8 cities with household deposit balances, 6 cities have exceeded 2 trillion yuan, of which Beijing and Shanghai have exceeded 5 trillion yuan. In addition, Hangzhou and Tianjin are also close to the 2 trillion mark, and the growth rate of household deposits in Hangzhou ranks first among the eight cities. In terms of per capita deposits, the per capita household deposits in Beijing and Shanghai have exceeded 200,000 yuan, reaching 268,000 and 213,000 respectively. After Beijing and Shanghai, Hangzhou's per capita deposit reached 160,000 yuan, ranking third.

Huawei 5 times the salary to recruit genius teenagers! Wanda refutes rumors of mass layoffs...

Interpretation: On the whole, the household deposit balances of Beijing and Shanghai are in the first echelon. The data shows that Shanghai, which ranked second in household deposit balance, had 2.575946 billion yuan more than Guangzhou in third place, which was ahead of Chongqing, which ranked fourth, in total household deposits.

As strong first-tier cities, Beijing and Shanghai are very developed in high-tech industries, modern service industries and headquarters economy. According to data recently released by the National Bureau of Statistics, in 2022, among urban non-private units, the highest income is for employees in the information transmission, software and information technology service industries, with an average annual salary of 220,400 yuan, followed by the financial industry, scientific research and technical services, with 174,300 yuan and 163,500 yuan respectively. Beijing and Shanghai are cities with a high concentration of jobs in these high-income industries.

After Beijing and Shanghai, household deposits in Guangzhou, Chongqing, Shenzhen and Chengdu are all in the echelon of 2 trillion yuan, of which the gap between Guangzhou, Chongqing and Shenzhen is very small, and household deposits in the three cities are between 2.4 trillion and 2.7 trillion.

It is worth noting that the top 8 cities in household deposits include Beijing, Shanghai, Guangzhou, Chongqing, Shenzhen, Chengdu and Tianjin, seven megacities with a population of more than 10 million in mainland China. Only Hangzhou, which ranks seventh, is not yet a megacity.

In general, the scale of the city is large, the population of the central urban area is large, and the total household deposits of the city tend to be in the forefront. This is because the per capita income level of urban residents is significantly higher than that of rural residents, so the larger the urban population, the higher the overall household savings. At the same time, the urban areas of megacities and megacities have developed prominently in emerging industries, modern service industries and advanced manufacturing industries, especially many employees in modern service industries and high-tech industries have higher income levels. Therefore, the total amount of household deposits is also relatively large.

Tang Haizi, vice chairman of the Expert Committee of Hangzhou Planning Commission, analyzed that Hangzhou, as the capital of Zhejiang, is the center of the province, and many important enterprises in the province have moved their headquarters to Hangzhou, and Hangzhou has gathered a large number of high-paid talents. At the same time, Hangzhou's financial industry is relatively developed, including funds, venture capital and other financial institutions have developed rapidly. Third, Hangzhou's e-commerce and digital economy are very developed, gathering leading enterprises and a large number of talents. There are many high-paying jobs, so there are more savings per capita.

The value of Chongqing's automobile exports to the five Central Asian countries increased by nearly 40 times

According to Chongqing customs data, in the first four months of this year, Chongqing exported 4,119 vehicles to the five Central Asian countries, with a cargo value of 490 million yuan, 17.8 times and 39.6 times that of the same period last year, respectively. In recent years, domestic cars have gained popularity in Central Asian countries, and orders have gradually increased. In order to further improve the level of customs clearance facilitation, Chongqing Customs has also established a green channel for the export of commercial automobiles, specifically guiding enterprises to fully enjoy measures benefiting enterprises such as "appointment inspection".

TO company trends

WeChat palm payment release

On May 21, according to the WeChat public account, WeChat palm payment was officially released, and users can currently perform palm brushing operations on face brushing devices. You need to bind your personal WeChat account to the device now and enter the palm pattern. When spending, point your palm at the scanning area of the payment device and confirm that the payment will be completed. Compared with face payment, palm payment is higher in terms of security and accuracy. Different from fingerprint recognition to read the epidermal lines of the fingers, palm prints read the palmar and cardiovascular lines, which can avoid exposure and copy forgery.

Huawei 5 times the salary to recruit genius teenagers! Wanda refutes rumors of mass layoffs...

Micron's products sold in China failed cybersecurity reviews

A few days ago, the Office of Cybersecurity Review conducted a cybersecurity review of Micron's products sold in China in accordance with the law. The review found that Micron's products had serious cybersecurity problems, causing major security risks to the mainland's critical information infrastructure supply chain and affecting mainland national security. To this end, the Cybersecurity Review Office concluded that it would not pass the cybersecurity review in accordance with the law. In accordance with the Cybersecurity Law and other laws and regulations, operators of critical information infrastructure in mainland China should stop purchasing Micron products.

The purpose of this network security review of Micron's products is to prevent product network security problems from endangering the security of national critical information infrastructure, which is a necessary measure to maintain national security. China firmly promotes high-level opening-up, as long as it complies with the requirements of Chinese laws and regulations, welcomes enterprises from all over the world and various platform products and services to enter the Chinese market.

Huawei 5 times the salary to recruit genius teenagers! Wanda refutes rumors of mass layoffs...

Gree disbanded the core team of mobile phones, or no longer released new mobile phone products

Recently, Gree Electric has disbanded the core team of mobile phones. An employee who left last year revealed that Gree mobile phone business was first established in Zhuhai and moved its core team to Shenzhen around 2019. The Shenzhen team, which includes development, testing and administrative HR departments, peaked at close to 100 people, the person said. But since last year, the Shenzhen team has gradually disbanded, and by mid-2022 there will be more than 40 people left, after which "the Shenzhen team is all disbanded, and there should be no more mobile phones in the future." The person said.

AIWAYS recommends that employees advance the social security provident fund at their own expense, and have been in arrears of wages for two consecutive months

On May 21, according to the Times Weekly News, the salaries of Aiways employees in March and April not only still failed to be issued, but even launched a plan for employees to advance social security and provident funds at their own expense. Screenshots of the corporate WeChat chat of Aiways employees show that on May 18, Aiways issued an internal notice saying that in view of the current company's capital situation, in order to meet the needs of employees who just need it, the channel for self-funded social security provident fund payment will be opened. In addition to the delayed payment of wages, the office in Yangpu, Shanghai has a power outage due to rent arrears, and all employees are working from home, and the official Aiways APP cannot operate normally.

Visit ofo Devi American Coffee Shop: Coffee shops are not currently profitable

Recently, ofo founder Dai Wei went to the United States to start a business and opened a coffee shop called About Time Coffee, which caused heated discussions. There are bloggers who visit About Time Coffee. The blogger introduced that the coffee shop currently has five stores in New York, located in prosperous areas, in addition to specialty pearl coffee, selling regular coffee, the price is $2-4, and the same marketing method as the Internet celebrity store, new users can wear the app registration for the first time, but also free five cups. They have also made a promotion on social media, and coffee shops should not be making money at the moment.

Tesla is offering a discount of about $1,300 on some Model 3 models in U.S. inventory

Tesla's U.S. official website shows that Tesla is offering a discount of about $1,300 on some Model 3 models in U.S. inventory. Industry analysts say Tesla has slashed prices in multiple regions this year, and in the face of economic headwinds and increased competition, the company is adopting the strategy of traditional automakers, offering incentives to clear inventory.

Huawei 5 times the salary to recruit genius teenagers! Wanda refutes rumors of mass layoffs...

Xiabu Group opens paid membership model Individual revenue may increase by 600 million yuan

On May 20, on the occasion of the 25th anniversary of the establishment of Xiabu Group, the first five major brands of Xiabu Pet Fan Festival and super member free eating card online press conference was held in Beijing. This is a blockbuster promotion jointly launched by a number of brands under Xiabu Group. With the launch of the Super Member Eat Card, Xiabu Group officially opened a new mode of paid membership operation. In the future, Xiabu Group will realize the dual revenue model of "normal operation + paid membership", and Xiabu Group predicts that paid members will bring at least 600 million yuan in membership fee income by the end of 2023.

Meituan's food delivery platform KeeTa plans to cover Hong Kong by the end of the year

Meituan officially launched its new takeaway platform KeeTa in Hong Kong, China, and KeeTa's self-titled standalone app has been launched on major mobile app stores, and will officially launch its service at 8 a.m. on May 22. It is reported that KeeTa adopts a gradual expansion strategy in Hong Kong, with the densely populated Mong Kok and Tai Kok Tsui areas as the first stop, followed by the gradual expansion of new areas, and plans to complete the coverage of Hong Kong within this year.

Huawei 5 times the salary to recruit genius teenagers! Wanda refutes rumors of mass layoffs...

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