Author: Zicheng
Interpretation of TO news
Suddenly! Jia Yueting, the line of life and death!
On April 7, the Intermediate People's Court of Shenzhen, Guangdong Province, served an enforcement ruling on LeTV Holdings (Beijing) Co., Ltd., LeTV Sports and Culture Industry Development (Beijing) Co., Ltd., and Jia Yueting Announcement.
According to the announcement, in accordance with relevant regulations, the court auctioned and sold more than 100 million shares of LeTV held by Jia Yueting, the person subject to execution, to pay off debts, with an estimated current value of about 46.14 million yuan.
According to relevant news, this is also Jia Yueting's last asset in China. Some industry insiders believe that this judicial auction may cause certain fluctuations in the stock market of LeTV.
Interpretation: Although it is difficult to protect itself, Jia Yueting still pays attention to the trends of the domestic automobile industry.
After the popularity of Xiaomi cars, Jia Yueting also issued an article questioning the innovative value of Xiaomi cars. After the accident of Gaohe Automobile, Jia Yueting also sued the founder Ding Lei and angrily sued Gaohe for plagiarism. Gao He was not used to him, and directly called Jia Yueting to return to China, which was undoubtedly a slap in the face to Jia Yueting.
Since running away to the United States, Jia Yueting has not returned to China, and has become a joke among domestic netizens after dinner.
To get back to the point, it is nothing new for Jia Yueting's assets to be auctioned. As early as 2019, the most valuable asset under Jia Yueting's name, Beijing Shimao Gongsan, was publicly auctioned "7% off", but it experienced four embarrassing failed auctions, and it was not until July 29, 2021 that the receiver was found.
This not only depreciated the most valuable assets in Jia Yueting's name step by step, but also made his hope of trying to use Shimao Gongsan to cash out to save LeTV from the crisis.
It is said that Shimao Gongsan, located in the prosperous business district of Sanlitun, Beijing, was once a "token of love" for the marriage of Jia Yueting and Sun Hongbin. In 2016, when LeTV's capital chain was tight, Jia Yueting said that he wanted to sell Shimao Gongsan, and thus established a relationship with Sun Hongbin, which made Sun Hongbin fall into the LeTV quagmire step by step, and finally the investment of 15 billion yuan was almost lost.
It is worth mentioning that abroad, Jia Yueting is also facing the dilemma of being driven away at any time.
In 2014, Jia Yueting founded FF, and since then he has left the United States due to the financial crisis of LeTV, and his car-building plan has never been able to escape the fate of lack of money.
In February, the landlord of Faraday Future's headquarters, Rexford & Co., filed a lawsuit in court, claiming that the company had failed to pay multiple rents. According to the latest agreement, Faraday Future will need to pay nearly $1 million in rent in three installments, the most recent of which is on the 15th of this month, and if it fails to pay, it will be evicted.
In a week or so, the first amount of funds needs to be handed in, which is almost impossible for Jia Yueting, who is now short of money, to cash. In other words, Jia Yueting's FF is most likely to move out of the U.S. headquarters building.
In addition, because FF has been warned of delisting because its stock price has been below $1 for 30 consecutive trading days, according to the rules, FF needs to get its stock price back to $1 in the next 180 days, that is, by June 25 this year, and maintain it for at least 10 days, otherwise it will face delisting.
When the office building of the US headquarters is difficult to protect and the company is facing delisting at all times, Jia Yueting's dream of building a car is estimated to be about to suffocate.
Huawei officially announced that more than 4,000 applications have joined the HarmonyOS ecosystem
On April 7, Huawei officially announced that more than 4,000 applications have joined the HarmonyOS ecosystem. From January 18 this year, when Huawei announced that the first batch of more than 200 application vendors were accelerating the development of HarmonyOS native applications, to the end of March, more than 4,000 applications, an increase of 20 times in just two months.
Huawei revealed that at present, the HarmonyOS ecosystem has achieved complete vertical industry coverage, including convenient life, travel, cultural tourism, financial management, social information, productivity tools, audio-visual entertainment, games and other leading applications, all of which are vying to start the development of HarmonyOS native applications.
Interpretation: Since the establishment of the project in 2015, the history of HongmengOS has been close to 10 years. Originally, HarmonyOS was designed as an operating system for Internet of Things (IoT) devices, but it can also be used for terminals such as smartphones. The changes in the external situation have made Huawei launch Hongmeng in a bit of a hurry. Since 2020, Huawei has continuously updated multiple versions of HarmonyOS to cover more than 800 million devices.
Since September last year, Huawei has been actively promoting cooperation with major leading application companies, hoping that they will join the HarmonyOS native ecosystem. Since then, domestic companies such as Alipay, NetEase, Meituan, AutoNavi Map, JD.com, iQiyi, iFLYTEK, Ctrip, DingTalk, and Zhihu have successively announced that they will launch HarmonyOS native application development based on HarmonyOS NEXT, covering many vertical industries.
The rapid development of the HarmonyOS ecosystem is supported by major Internet manufacturers on the one hand, and the support of local applications on the other hand. In the past, many provinces and cities have launched the development of HarmonyOS native applications for local government affairs and people's livelihood applications and vertical applications.
For example, the Shanghai People's Livelihood Service Super App has taken the lead in launching the Hongmeng process with the bidding and Zhejiang Zheli Office App, and more than 300 applications have started the development of Hongmeng native applications in Guangdong, a major Internet province, and various people's livelihood, media, automobile, and life applications in Sichuan, Guangxi, Shandong, Hebei, Anhui and other provinces and cities have also joined Hongmeng.
In addition, the online State Grid App, which is the official unified online service entrance of the State Grid, also officially launched the development of HarmonyOS native applications and meta-services not long ago.
In fact, before Huawei, there were already a number of tech giants trying to develop operating systems that could compete with Android and iOS. For example, Alibaba launched YunOS in 2012, which is recognized as China's first domestic mobile phone operating system, Microsoft worked with Nokia to develop Windows Phone, and Samsung worked with Intel to develop Tizen, but ultimately failed to survive.
Zhang Jianfeng, president of Ali Damo Academy, said frankly in 2020 that there are actually more than 1,000 mobile phone operating systems on the market, but it is not that if the technology is good, someone must use it. Because the operating system is not a technical problem, but an ecological problem. Developers can support up to two operating systems, and the development cost determines that it is impossible for a third or fourth operating system to become mainstream.
In Huawei's internal view, if an operating system wants to survive, a market share of 16% is a "life and death line". Thanks to the hot sales of Mate60 series mobile phones and other products, in the fourth quarter of 2023, HarmonyOS seems to have crossed this "life and death line" in the Chinese market.
According to recent data released by Counterpoint Research, in the fourth quarter of 2023, the share of HarmonyOS in China's smartphone market exceeded 16%, an increase of 13 percentage points from two years ago, and the gap with Apple's iOS narrowed to 4 percentage points.
It is not difficult to imagine that with the rapid development of Hongmeng, it will intensify the competition between Huawei and domestic and foreign mobile phone companies, especially some mainstream brands are also laying out operating systems. Huawei's abundant technical strength, human resources, and industry appeal will be its greatest strength.
Lu Zhengyao was forced to pay 1.89 billion yuan
On April 7, Lu Zhengyao was forcibly detonated on Weibo's hot search. According to the China Enforcement Information Disclosure Network, Lu Zhengyao added a new piece of information on the person subject to enforcement, with an enforcement target of more than 1.89 billion yuan, and the enforcement court is the Beijing Fourth Intermediate People's Court.
It is understood that Lu Zhengyao is the founder of Shenzhou Youche and Luckin Coffee, and after leaving Luckin, he founded Cudi Coffee.
According to the National Business Daily, what impact will the enforcement have on Cudi Coffee's cash flow or expansion rate? ”
Interpretation: According to the combing, Lu Zhengyao still has 9 pieces of information on consumption restrictions, the unfulfilled amount of the final case exceeds 2.5 billion yuan, and 2 equity freezing cases related to UCAR.
There has been a lot of discussion about the specific reasons for this enforcement. Some industry insiders have made the following analysis:
1. Judging from the time when the case was filed, the case was only filed on April 3.
According to the relevant procedures and regulations, there should be no judge in this case for the time being, and all information is only known to the parties or their lawyers. Therefore, it is normal for the outside world to not know the specific reason at present.
2. Judging from the case number, this is an enforcement case.
The word "execution" in "(2024) Jing 04 Zhi No. 287" means that the person subject to enforcement, Lu Zhengyao, has previously had an effective judgment, but he may not have fulfilled it himself. Therefore, the plaintiff may apply to the court to enforce the judgment that has previously taken effect based on the second-instance judgment of the previous case. However, there is no information about this effective judgment at present.
3. From the perspective of the enforcement court, the enforcement court is the Beijing Fourth Intermediate People's Court.
Generally speaking, such cases are enforced in the basic courts, but why is it the Intermediate People's Court this time? It is very likely that Lu Zhengyao's spouse, Guo Lichun, is a Canadian national, and cases involving foreigners are generally enforced by the Intermediate People's Court.
Judging from the information in the judgment that has been made public, Shanghai SPDB AXA Asset Management Co., Ltd. had a contract dispute case with Lu Zhengyao and Guo Lichun, and the enforcement court was the Beijing Fourth Intermediate People's Court. The judgment has the following sentence: Guo Lichun, as Lu Zhengyao's spouse, agreed to bear the joint debts under the Risk Control Agreement and the Supplemental Agreement to the Risk Control Agreement with Lu Zhengyao.
This means that Guo Lichun agreed to share this debt with Lu Zhengyao. And among the 1.89 billion yuan that Lu Zhengyao was executed this time, it is likely that Guo Lichun will also bear the part.
4. Who is Li Huan, who was forced to pay 1.896 billion together with Lu Zhengyao?
There is not much information about Li Huan on the Internet. The information that can be found is: during the period when Lu Zhengyao served as the legal representative of UCAR Co., Ltd., Li Huan held as much as 27.80% of the shares, and concurrently served as the chairman of Beijing Borgward Automobile Co., Ltd.
After the bankruptcy of Borgward, Beiqi Foton and Lu Zhengyao went to court. Beiqi Foton applied to the Beijing Arbitration Commission for property preservation, and the name of Li Huan was included in the list of respondents requesting sealing, seizure or freezing.
Some netizens believe that Lu Zhengyao's enforcement this time may pose a severe challenge to the external financing and operation of Cudi Coffee, and have a negative impact on the brand image and market reputation of Cudi Coffee, thereby shaking the foundation of consumers' trust in the brand.
For Lu Zhengyao himself, the society is full of various controversies. Some people say that he is a "giant fraud", and Lu's routine has been tried and tested repeatedly in the capital market, and the leeks harvested have been wave after wave.
Some people also say that he is a business giant, with a very keen sense of smell and sober cognition, and can always seize the opportunity and open up new horizons in his field.
What are your thoughts on this?
TO Characters/Perspectives
Lei Jun responded to why Xiaomi makes cars fast: It has 14 years of experience and accumulation in entrepreneurship
According to reports, a few days ago, Liu Tao, CEO of Zhiji Automobile, posted on Weibo praising Xiaomi Auto for making cars efficiently and high-speed, but wondered how it was so efficient and high-speed.
Lei Jun said that Xiaomi has 14 years of experience and accumulation in entrepreneurship, and has set up a very reliable R&D team, and now there are about three or four thousand engineers. Among them, at least a thousand people are experts, and these experts have helped Xiaomi to avoid many detours. "And the foundation of China's industrial chain is very good, and it is very perfect to make smart electric vehicles, so if you don't take a detour in three years, you can get the first car out, there is a chance. Lei Jun said.
Mr. Yu said it was unethical to force employees to please customers
Recently, Yu Donglai, the founder of Fat Donglai, mentioned his service attitude requirements for employees in the program "2024 Donglai", he said: "It is evil and immoral to let employees smile at customers. Most of the time (employees) are in a normal mood, and I did this, and I don't need to laugh, but I also laugh some of the time, because I feel that it is quite valuable. Be sure to understand human nature, and then use scientific methods to do your business. ”
TO Corporation's movements
Evergrande has lost more than 110 billion yuan in five years, and the cumulative delivery volume is 1,389 units
On the evening of April 5, according to the announcement of Evergrande Automobile, Newton Group's strategic investment was terminated, and the company's previously proposed transaction and the revision of the terms of the debt-to-equity swap have not made any further progress. According to the previous announcement, the main content of Newton Group's share subscription agreement is that Newton Group will make a strategic investment of about 500 million US dollars in Evergrande Automobile and provide 600 million yuan of transitional funds, and the main content of the debt-to-equity swap agreement is that Evergrande Group, Xu Jiayin and other creditors will offset the debt of 20.895 billion Hong Kong dollars owed by Evergrande Automobile by subscribing to new shares of Evergrande Automobile.
In 2023, Evergrande Automobile's total revenue will be RMB1.34 billion, of which more than RMB1.1 billion will come from property sales, accounting for more than ninety percent of the overall revenue. Evergrande Automobile lost 11.995 billion yuan last year (27.664 billion yuan in 2022). Statistics show that Evergrande Automobile has been manufacturing cars for 5 years, with a cumulative loss of 110.841 billion yuan and a cumulative delivery of 1,389 units.
Car owners complained that Xiaomi SU7 was not delivered and the paint was removed, and Xiaomi Auto: Relevant policies will be introduced to solve it
On April 4, a woman in Shenzhen, Guangdong Province posted that she had purchased the Xiaomi SU7 founding version of the car, but the paint had been peeled off before the car was delivered. On the 7th, Ms. Mo, the party concerned, introduced that the car was told that there was a bump during the transportation process, and a piece of paint fell off the front cover of the car, and the paint could only be repaired and compensated for 5000 points (the purchasing power in Xiaomi Mall was equal to 500 yuan) and then delivered normally. After Ms. Mo refused, the other party proposed a solution of up to 20,000 points, but did not support the replacement of a new car, and the return deposit could not be refunded, which was rejected by Ms. Mo again. Ms. Mo insisted on replacing the new car.
In this regard, Xiaomi Auto customer service said that it is not possible to replace a new car, and it will take a long time to reorder, and it can be negotiated with the delivery center, and relevant policies will be introduced to solve such problems in the future. The staff of the Shenzhen Xiaomi delivery center said that when it comes to the privacy of car owners, the person in charge of the delivery center will deal with it.
Banned by a U.S. court from selling walkie-talkies worldwide, Hytera fell to a halt
On April 7, Hytera, an A-share listed company, suddenly announced on its official website that according to the order of the U.S. court, Hytera is not allowed to sell any products containing walkie-talkie technology anywhere in the world until further notice.
Hytera disclosed the "Progress Announcement on Major Litigation", which explains the reasons for the US ban:
In June 2022, Hytera filed a lawsuit with the Shenzhen Intermediate People's Court against the company's newly designed and developed H series products for non-infringement of Motorola's trade secrets and copyrights.
After the case went to trial, Motorola filed a motion for an anti-suit injunction in the U.S. District Court for the District of Illinois, asking Hytera to withdraw the lawsuit in Shenzhen, and the U.S. court granted the motion on March 25, 2024.
Recently, Hytera received an order from a U.S. court finding that the company had failed to fully comply with its anti-suit injunction, temporarily prohibiting Hytera from selling two-way radio technology products worldwide, and imposing a fine of US$1 million per day until the company fully complied with the anti-suit injunction. As soon as this announcement came out, Hytera's share price fell in response, with a market value of 7.7 billion yuan as of press time.
Meituan's customer service responded to the price increase of bicycles during holidays, and the starting price was adjusted from 1.5 yuan to 1.8 yuan
On April 6, some netizens found that the price of Meituan Bicycles increased during the Qingming holiday, and the starting price rose from the original 1.5 yuan/15 minutes to 1.8 yuan/15 minutes. In response, Meituan's customer service responded that many places across the country have adjusted prices and set holiday prices.
Meituan said that starting from April 4 in Shanghai, the starting price on holidays is 1.8 yuan/15 minutes, and the duration fee is 1 yuan/15 minutes. It is uncertain whether the fee will continue to be implemented on subsequent holidays. It is worth mentioning that the starting price of Qingju Bicycle and Hello Bicycle in Shanghai has not changed, and is still 1.5 yuan/15 minutes.
Apple's customer service responded that the iPhone alarm clock will not recognize the time off: it needs to be added manually
April 7 is the first working day after the Qingming holiday, some netizens said that the alarm clock set by the Apple mobile phone did not ring, resulting in being late for work and school, and a number of topics related to the iPhone alarm clock will not recognize the holiday on Weibo, which has received more than 20 million views. In this regard, Apple's customer service replied that the iPhone alarm clock needs to be manually added and set, and there is no way to automatically identify which day of the holiday. This situation can be recorded feedback, if there is more feedback, maybe colleagues in the engineering department will do relevant adoption.
JD Health responds to rumors of drug research and development
On April 7, in response to the news of "Jingdong's layout of drug research and development" on the Internet, the relevant person in charge of Jingdong Health responded: "At present, there are some voices on the Internet saying that we want to engage in drug research and development, which is actually inaccurate. Drug research and development is not in our business layout, and there will be no in the future. We recently did a user study, and maybe these speculations are related to the content of the research. The research was done for the purpose of upgrading the platform service and launching the 'free replacement after expiration' service. ”
Huawei will hold the HarmonyOS Spring Communication Conference on April 11 and will release car and PC products
According to reports, on April 7, the reporter learned that Huawei will hold a Hongmeng spring communication meeting on April 11, at which time it will release car and PC related products, as for the P70 that the outside world is concerned about and whether the intelligence world will be released at the meeting, it is worth paying attention to. It was also reported that a person familiar with the matter said that Huawei plans to find a "suitable time" to "re-release" the Zhijie S7 model this spring. Compared with the Zhijie S7 released in November last year, the new car may have a change in equipment and the price will remain the same.
#贾跃亭#
#华为#
#陆正耀#