Huawei denied that China Post would fully undertake the agent of the Hongmeng Zhixing user center
In response to the news that "China Post will fully take over the user center agent of HarmonyOS Zhixing in Huawei's automotive business", HarmonyOS Zhixing issued a statement saying that China Post is building a new HarmonyOS Zhixing user center and developing together with the existing AITO Wenjie user center in charge of Cialis. It was previously reported that the AITO authorized user experience center built by Cialis will also be handed over to China Post or hosted.
Xiaomi Auto: Preparations are underway to participate in the Beijing Auto Show
According to Xiaomi Auto's Weibo, at present, Xiaomi Auto is progressing smoothly, and all projects such as technology research and development, production line climbing, and sales and service system construction are progressing steadily as scheduled. When everything is ready, we will announce the official release time to you through official channels as soon as possible. Thank you all for your interest in Xiaomi Auto and your love for Xiaomi SU7. We are also preparing for the Beijing Auto Show.
National Development and Reform Commission: Support the construction of logistics infrastructure to make up for shortcomings
The National Development and Reform Commission revised and issued the "Special Administrative Measures for Investment in the Central Budget for the Construction of Urban and Rural Cold Chain and National Logistics Hubs". Among them, it is proposed that this special project will support the construction of the following projects in the form of investment subsidies: logistics infrastructure to make up for shortcomings. Focus on supporting the national logistics hub, national backbone cold chain logistics base and national demonstration logistics park that have been included in the annual construction list of basic, public and public welfare facilities to make up for the shortcomings, including multimodal operation station projects, high-standard public storage facilities new, expansion and intelligent transformation projects, bonded storage facilities projects, public logistics information platform and information improvement projects, emergency logistics facilities projects, etc.
State Administration for Market Regulation: Formula food for special medical purposes and infant formula milk powder cannot be commissioned for production
The State Administration for Market Regulation has drafted the Measures for the Supervision and Administration of Entrusted Production of Food (Draft for Comments), which is now open to the public for comments. It mentions that formula food for special medical purposes and infant formula milk powder shall not be commissioned for production. Production and operation entities such as food production and processing workshops that are included in the management of local legislation shall not engage in food commissioned production activities. According to the relevant requirements of the food production license, the food that needs to be produced by a complete process shall not be entrusted to multiple entrusted parties for segmented production. The entrusting party shall not entrust the production of the same health food in sections.
Airlines have lowered the ticket refund fee, and the change of aircraft type can also be refunded free of charge
China Southern Airlines and China Eastern Airlines have successively issued new regulations on ticket refunds and changes for airlines, making large-scale adjustments to the refund and change fees and scope of ticket refunds, which will be implemented from January 10. According to the content of the new regulations of the airline, the adjustment of ticket refund and change rules has reduced the proportion of ticket refund and change fees, and expanded the scope and applicable scenarios of free ticket refunds and changes, such as free refunds and changes for aircraft types and expensive tickets within a certain period of time, and relaxed the rules for cancellations and changes for passengers due to illness. Rates for voluntary refunds vary depending on the class of service. Taking 2,000 yuan full-price economy class as an example, the refund and change of full-price ticket (Y class) can save 100 yuan compared with before, and the ticket price of discount ticket (M, U, E, T, etc.) is about 1,000 yuan, which can save 50-150 yuan compared with before, and the R class that did not refund or change in the past is now 20% for the forward (more than 7 days) refund rate, and 75% for the departure (within 48 hours), but the price of R class is relatively low, and the average can save 150 yuan compared with before.
Thirteen departments, including the Ministry of Industry and Information Technology, will achieve 5G and gigabit optical network access in counties and towns in border areas by the end of 2025
Thirteen departments, including the Ministry of Industry and Information Technology, issued a notice on accelerating the construction of "broadband frontiers". It mentions that by the end of 2025, 5G and gigabit optical networks will be connected to counties and towns in border areas, 100% of administrative villages, rural areas with more than 20 households, border management and trade institutions, and inhabited islands will be connected to broadband (including optical fiber, 4G or 5G), mobile network coverage will be basically achieved along border national and provincial highways, and network coverage will be achieved on demand in inland sea areas. By the end of 2027, more than 95% of administrative villages, border management and trade institutions in border areas will be connected to 5G networks, 5G network coverage will be basically achieved in areas with more than 20 rural populations and along border national and provincial highways, 100% of inhabited islands will be connected to 5G networks, and 5G network coverage will be basically achieved in inland seas and territorial waters.
China Construction Machinery Industry Association: Sales of excavators by major manufacturing enterprises in December 2023 decreased by 1.01% year-on-year
According to the statistics of major excavator manufacturers by the China Construction Machinery Industry Association, 16,698 excavators of various types were sold in December 2023, a year-on-year decrease of 1.01%, of which 7,625 were domestic, a year-on-year increase of 24%, and 9,073 were exported, a year-on-year decrease of 15.3%. From January to December 2023, a total of 195018 excavators were sold, down 25.4% year-on-year, including 89,980 domestic units, down 40.8% year-on-year, and 105038 exports, down 4.04% year-on-year.
Chongqing: By 2027, the revenue of the city's integrated circuit packaging and testing industry will exceed 20 billion yuan
The General Office of the Chongqing Municipal People's Government issued the Action Plan for the Development of Chongqing Integrated Circuit Packaging and Testing Industry (2023-2027). Among them, it is proposed that by 2027, the revenue of the city's integrated circuit packaging and testing industry will exceed 20 billion yuan, more than 10 new integrated circuit packaging and testing enterprises will be added, including more than 2 enterprises with revenue of more than 500 million yuan, compound semiconductors, power semiconductors, silicon photonic chips, and MEMS sensors will lead the country, and the support capacity of integrated circuit packaging and testing capabilities for pillar industries will be significantly enhanced, and an integrated circuit packaging and testing industry cluster with important international influence will be built.
Accelerate the "live" of data and strengthen the new advantages of the digital economy
Recently, many departments have intensively released measures related to the digital economy, implemented the "Implementation Plan for Promoting Common Prosperity in the Digital Economy", and carried out the special action of "signal upgrading". Many places have also anchored the principle of "going ahead and opening a new situation", coordinated the promotion of data valorization, digital industrialization, and industrial digitization, and comprehensively strengthened the new advantages of high-quality development of the digital economy.
Nearly eighty percent of the surveyed fund managers are bullish on A-shares, and the technology direction is the most "favored"
Recently, fund managers of E Fund, Bank of Communications Schroders, Wanjia, ABC Huili, Penghua and other fund companies have been surveyed by Tiantian Fund Network. According to the survey data, 76% of fund managers believe that the A-share market will rise in 2024, 24% believe that the market will remain volatile, and no one is bearish. The result is not much different from last December. According to the survey results, the technology sector is the most optimistic sector for fund managers in 2024, with 71% of votes.
Cainiao released an RFID application report
Recently, the "RFID Application Report in the FMCG Industry" jointly drafted by Cainiao and China Garment Science and Technology Innovation Research Institute was officially released. RFID technology is a non-contact automatic identification technology, which uses wireless radio frequency to transmit data between the reader and the radio frequency card in a non-contact two-way way to achieve target identification and data exchange purposes. At present, Cainiao has not only stepped into the first echelon of global UHF RFID readers, but also created an integrated software and hardware solution based on RFID, which has also been applied in food, footwear and clothing, logistics and other industries, and has successfully helped related enterprises reduce costs and increase efficiency.
A number of mobile phone manufacturers have raised their shipment targets, and domestic brands have taken turns to hit the high-end market
Recently, news about mobile phone manufacturers raising shipment targets has come out frequently. It is understood that Transsion's mobile phone shipment target in 2024 is expected to increase by 30 million units, Huawei's sales of new phones will increase by 20 million to 30 million units, and Honor will increase by 20 million units. "This year, mainstream domestic mobile phone manufacturers have indeed raised their shipment targets. Huawei, Xiaomi and other manufacturers have added a certain number of orders to the supply chain, more concentrated in the field of mid-to-high-end mobile phones such as folding screens. This will squeeze Apple's market share and bring new changes to the mobile phone market, which is warming up this year. Li Huaibin, an analyst at Navers, a consulting agency, said.
The Beijing Stock Exchange has a "unique scenery", and the penetration rate of VC/PE of listed companies has increased in the past six months
Changing the state of frequent breakdowns, the Beijing Stock Exchange has seen a good rise in stock prices and good liquidity in the past three months, and has become the most popular sector in the A-share market. According to statistics, after December 2023, the number of valid subscriptions for new shares on the Beijing Stock Exchange has increased by 3 times compared with the previous month. In addition, at the end of 2023, the average daily turnover of the BSE 50 increased by nearly 10 times compared with the beginning of the year. Benefiting from the surge in stock prices and liquidity, the company's valuation has also been restored. In 2023, the latest average P/E ratio of companies listed on the Beijing Stock Exchange has increased by as much as 1 times compared with the average P/E ratio on the date of issuance. As an important driving force behind science and technology innovation enterprises, venture capital and private equity investment (VC/PE) have a penetration rate of 88% among companies listed on the Beijing Stock Exchange in the past six months. Combined with a number of favorable factors such as short queuing time and low listing threshold, the Beijing Stock Exchange has attracted more and more attention from VC/PE.
Musk's Company X will launch a P2P payment service this year
Elon Musk's social media platform X announced in a blog post that it will launch a peer-to-peer (P2P) payment service this year. X said as the platform commits to the "revolution of 2024", these payments will unlock "more user utility and business opportunities". The blog post did not provide specific details about how the payment service will work or when it will be officially launched. X's payments subsidiary, X Payments LLC, has so far only been licensed to remittance in 14 states, according to the U.S. Multi-State Licensing System website.
U.S. car rental giant Hertz sold Tesla's used cars at a low price, and previously announced that it would shrink its EV fleet
U.S. car rental giant Hertz Global Holdings began selling used Tesla cars on its website, and a few months ago, the company announced plans to scale back its electric fleet. Hertz's inventory currently shows that there are about 518 Tesla used vehicles for sale, including about 455 Model 3s. What remains is the electric car maker's best-selling Model Y.
South Korea's population over 70 years old is the first to exceed the 20s age group
According to Korean media reports, the "Resident Registration Population Statistics at the End of 2023" released by the Ministry of Public Administration and Security of South Korea on the 10th shows that the number of people over 70 years old has reached 6,319,402, and 6,197,486 people aged 20 to 29 have exceeded the population. It is predicted that South Korea will enter a super-aging society with more than 20% of the population over 65 years old next year. Last year, the registered population of South Korea was more than 51.32 million, a year-on-year decrease of 0.22%, showing a downward trend for four consecutive years.
The MBUX Virtual Assistant is unveiled: Mercedes-Benz delivers the most anthropomorphic interactive experience to date
Mercedes-Benz will bring a number of forward-looking technologies to the exhibition at the 2024 International Consumer Electronics Show (CES), which will revolutionize the in-cabin experience with "hyper-personalized" digital innovations and define the technology trend in the digital age. The new MBUX Virtual Assistant delivers the most immersive Mercedes-Benz interactive experience to date. It is built on the MB.OS operating system, using powerful generative AI technology and active intelligence technology, with four characteristics: "natural", "predictable", "personalized" and "empathetic".
According to the report, the U.S. educational toys market is expected to grow at an average annual growth rate of 9.5%.
According to the latest "Educational Toys Market Strategic Insights" report released by Future Market Insights, the global educational toys market value is expected to grow from $56.312 billion in 2024 to $139.554 billion in 2034. The educational toys market is expected to drive this growth at a rapid average annual growth rate of 9.50% over the next decade.
UBS analysts: hydrogen energy is expected to account for 12% of energy consumption in 2060
Guo Yifan, a petrochemical analyst at UBS Securities, said that the growth of some emerging fields will drive the demand for hydrogen energy, which mainly includes the growth of demand in the fields of commercial vehicles, carbon reduction in the steel industry, shipbuilding industry, and energy storage industry. It is estimated that hydrogen energy will account for 12% of energy consumption by 2060. In the future, as the number of hydrogen vehicles continues to increase, it is estimated that after 2025, at least 60% to 70% of the country's hydrogen refueling stations can be profitable.
Qualcomm and Bosch have launched a new in-vehicle central computing platform that supports digital cockpit and driver assistance functions
At CES 2024, Qualcomm and Bosch unveiled the automotive industry's first in-vehicle central computing platform capable of running both infotainment and advanced driver assistance systems (ADAS) functions on a single system-on-chip (SoC). Bosch has announced a new in-vehicle central computing platform that integrates cockpit and ADAS functions, based on the Snapdragon Ride™ Flex SoC.
Suzuki Motor will invest about $4.2 billion to build a second car plant in Gujarat, India
Japanese automaker Suzuki Motor Corp. will invest 350 billion rupees ($4.21 billion) to build a second car plant in the Indian state of Gujarat to boost production capacity in India, the president of the company's Suzuki Motor Corp.
Intel will launch automotive AI PC chips to challenge Nvidia and Qualcomm
Intel said it will launch a car version of its latest artificial intelligence (AI) PC chip, competing with Qualcomm and Nvidia in the semiconductor market, which could power the brains of future cars. Intel also said it will acquire French startup Silicon Mobility, which designs SoC technology and software to control electric vehicle motors and on-board charging systems.
Applied Materials and Google have announced a partnership to advance the next generation of AR computing platforms
U.S. semiconductor maker Applied Materials announced that it is partnering with Google to develop augmented reality (AR) technology. The collaboration will be used for the next generation of AR lightweight visual display systems. Together, the two companies aim to accelerate the development of multiple generations of products, applications, and services.
SIA released the latest data: the total sales of the global semiconductor industry reached $48 billion in November last year, the first increase in more than a year
The U.S. Semiconductor Industry Association (SIA) said that the total sales of the global semiconductor industry reached $48 billion in November 2023, up 5.3% year-on-year and 2.9% month-on-month. SIA said it represents 99 percent of the U.S. chip industry and nearly two-thirds of non-U.S. chip companies by revenue, and publishes sales data compiled by the World Semiconductor Trade Statistics Organization. "Global semiconductor sales in November 2023 grew year-on-year for the first time since August 2022, indicating that the global chip market continues to strengthen as we enter the new year," said John Neuffer, President of SIA. Looking ahead, the global semiconductor market is expected to achieve double-digit growth in 2024. ”
1. Recently, "Singularity Energy" completed the C round of financing, with a total financing of 300 million yuan. This round of financing was jointly led by BOCOM Investment and CCB Investment, followed by CIMC Capital and Guangzhou Industrial Investment. According to the data, Singularity Energy was established in 2018 and is committed to the technical research and product development of core equipment in advanced energy storage systems.
2. The humanoid robot R&D company "Xingdong Era" received an angel round of financing of over 100 million yuan, led by Lenovo Venture Capital, followed by Jinding Capital and Qingkong Tiancheng, and the old shareholder Century Jinyuan over-invested, and Huaxing Capital served as the exclusive financial advisor for this financing. This round of financing will be mainly used for the research and development of embodied intelligence and general humanoid robots, as well as the continuous construction of the company's talent and technical barriers.
3. Recently, "Ou Siwei" completed nearly 100 million yuan of Pre-A round of financing, this round of financing by the force joint venture capital investment, Hefei high-tech investment, Broadcom integration follow-investment, light source capital as a financial advisor. This round of financing funds will be used to continue to increase investment in technology research and development of automotive chips to provide security guarantee for accelerating the mass production of products.
4. According to public information, Zhihe Computing Technology (Shenzhen) Co., Ltd. underwent industrial and commercial changes on January 9, 2024. Founded in October 2022, the company has completed angel rounds and Pre A rounds of financing of hundreds of millions of yuan, with investors including Walden Technology, CDH VGC (Innovation and Growth Fund), New Alliance Capital, Lingang Science and Technology Venture Capital, Zhejiang University Lianchuang, Wofone Industrial, Zhongyiren Capital, etc.
1. iFLYTEK announced that the company plans to spin off its subsidiary iFLYTEK Medical to be listed on the Hong Kong Stock Exchange. Calling the company's securities department as an investor, the staff said that the company had considered the matter of spinning off the subsidiary in 2021, and it was delayed due to the epidemic since then. At present, the company believes that it has the conditions to restart related matters, and it is also to grasp the current development opportunity of artificial intelligence in the medical industry, and the listing on the Hong Kong Stock Exchange has also built an international strategic platform for the company.
2. According to statistics, as of January 9, the three major exchanges in Shanghai, Shenzhen and North China have announced the termination of IPOs this year, all of which are due to active "order cancellation". In terms of sub-sectors, there are 3 on the Science and Technology Innovation Board and 3 on the Growth Enterprise Market, 1 on the main board of the Shanghai Stock Exchange, and 2 on the Beijing Stock Exchange. From the perspective of industry, most of these IPO termination companies are concentrated in the biomedical and integrated circuit industries, with 4 and 2 respectively. Combing through the inquiry letters of the exchange to the 7 "abandoned candidates", it can be seen that the risk of performance decline, business growth and continuous operation ability, and core R&D capabilities are the focus of the exchange's inquiry.
3. Xidian New Energy announced that the RMB ordinary shares issued by the company will be listed on the main board of the Shanghai Stock Exchange on January 11, 2024, with an issue number of 40.4 million shares and an issue price of 29.02 yuan per share. The company's main business is the research and development, design, production and sales of electrical connection products, including battery connection systems and composite busbars.
What are the opportunities in the refractory market?
Forward-looking Industry Analysts:
Hello and thank you for your question!
Refractory is a serious overcapacity industry, which has been in a state of disorderly competition since the early 90s of the last century. There are many refractory production enterprises in mainland China, which are highly dispersed, and the market is currently transforming in the direction of gradual standardization. At this time, the choice of refractory materials to enter the market needs to be carefully considered.
In terms of output, data from the China Refractory Association shows that in 2022, the national refractory output will be 23.01 million tons. Combined with the annual reports of various companies, in 2022, the output of Beijing Lier refractories will reach 561,000 tons, with a market share of 2.44%; The output of refractories of Pu Nai Co., Ltd. reached 530,600 tons, with a market share of 2.31%; The output of refractories of Ruitai Technology reached 578,600 tons, with a market share of 2.51%.
For more research and analysis of this industry, please refer to the 2023-2028 China Refractory Industry Market Demand and Investment Forecast and Analysis Report of Qianzhan Industry Research Institute.
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