National Standing Committee: Promote the intelligent transformation of infrastructure such as transportation, logistics, and energy
(Image from the Internet)
On September 22, Premier Li Keqiang of the State Council presided over the executive meeting of the State Council, calling for cross-cyclical adjustment, stable and reasonable expectations, and maintaining stable economic operation; deliberating and adopting the "14th Five-Year Plan" new infrastructure construction plan to promote the expansion of domestic demand, promote transformation, and increase stamina; and deploy and accelerate the reinforcement of small and medium-sized disease-prone reservoirs to improve water supply and disaster prevention and mitigation capabilities.
The meeting pointed out that the scientific layout and promotion of the construction of new infrastructure based on information networks and driven by technological innovation during the "14th Five-Year Plan" period are conducive to promoting stable growth, adjusting the structure, and benefiting people's livelihood.
First, it is necessary to strengthen the construction of information infrastructure. Promote the coordinated expansion of the national backbone network and the metropolitan area network, and carry out the acceleration transformation of the Gigabit optical network. Promote the commercialization and large-scale application of a new generation of mobile communication networks. Improve space information infrastructure such as satellite communications, navigation, and remote sensing. Develop ubiquitous and collaborative IoT.
Second, we must steadily develop integrated infrastructure. Build a multi-level industrial Internet platform to promote financial innovation. Combined with the promotion of new urbanization, promote the intelligent transformation of infrastructure such as transportation, logistics, energy, and municipal administration. Improve the level of digitalization of agriculture. Build people's livelihood infrastructure such as telemedicine and online education.
Third, we must promote the in-depth integration of universities, scientific research institutes and high-tech enterprises, and enhance high-level cross-cutting-edge research capabilities. Support the research and development of common basic technologies in the industry. Build an open and professional maker space, and promote mass entrepreneurship and innovation in depth.
Fourth, we must encourage diversified input and promote open cooperation. Support private and overseas capital to participate in new infrastructure investment and operation. Participate in the formulation of relevant international rules and standards. Fifth, we must establish and improve the safety supervision system and enhance the ability to guarantee safety. (Source: Chinese government website)
The State Railway Group signed strategic cooperation agreements with 9 banks
On September 23, China National Railway Group Co., Ltd. signed strategic cooperation agreements with nine banks, namely China Development Bank, Export-Import Bank of China, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, Postal Savings Bank of China and China Merchants Bank. According to the agreement, the two sides reached intentional cooperation opinions in investment and financing, electronic payment, cash management, capital settlement, overseas financial services, etc., focusing on expanding the pragmatic and open "railway + finance" cooperation model, continuously improving the inclusive service capabilities of railways and finance, providing high-quality and efficient financial guarantees for railways in transportation powerhouses, and providing transportation support for the implementation of major national strategies. (Source: China Railway)
AVIC Group signed a cooperation framework agreement with the People's Government of Jilin Province
On September 23, AVIC and the Jilin Provincial Government signed a cooperation framework agreement. According to the cooperation framework agreement, the two sides will carry out all-round cooperation in air passenger transport, cargo logistics, aviation products, material procurement and other aspects in accordance with the principles of mutual benefit, mutual promotion and win-win cooperation, work together to promote the high-quality development of Jilin aviation industry, and create a new benchmark for win-win cooperation between the central and local governments. (Source: Civil Aviation Resources Network)
HNA Chairman Chen Feng and others were taken compulsory measures in accordance with law for suspected violations and crimes
On September 24, HNA Group announced that it had received a notice from the Hainan public security organs that Chen Feng, chairman of HNA Group Co., Ltd., and Tan Xiangdong, ceo of HNA Group Co., Ltd., had been taken compulsory measures in accordance with the law for suspected violations and crimes. The announcement said that the operation of HNA Group and its member enterprises is stable and orderly, the bankruptcy reorganization work is smoothly carried out according to law, and production and operation are not affected in any way. (Source: Daily Economic News)
COSCO SHIPPING Port acquires a 35% stake in the CTT terminal at the Port of Hamburg, Germany
Cosco Shipping Ports GmbH and Hamburg Port and Logistics AG (HHLA) announced that they signed an agreement for COSCO SHIPPING Ports to acquire a 35% stake in the Container Terminal Tollerort terminal (CTT terminal) at the Port of Hamburg, Germany.
COSCO SHIPPING Ports Co., Ltd. is the world's leading port operator with a terminal portfolio of five major port clusters along China's coast, Southeast Asia, the Middle East, Europe, South America and the Mediterranean. The Port of Hamburg is the largest port in Germany and one of the most important hubs of European trade with China, with abundant rear collection and transportation facilities, and is also an important European node of China-Europe trains.
According to reports, Hamburg Port & Logistics AG, as one of the largest port enterprises and integrated logistics suppliers in Europe, its three container terminals in the Port of Hamburg have attracted the routes of the world's three major maritime alliances to dock here with their superior geographical conditions and efficient operation and management capabilities, and have maintained stable performance growth over the years. (Source: China News Network)
Chuanwang Zhenhui returned to the Jingdong system to participate in investment-related work
According to reports, after a brief eight-month absence from JD.com, Wang Zhenhui returned to the JD system as a consultant to participate in investment-related work. Wang Zhenhui joined JD.com in April 2010 and has served as the general manager of JD.com North China Regional Branch, the president of JD.com Intelligence, and the head of the operation system. In April 2017, JD.com established the JD Logistics Sub-Group, and Wang Zhenhui became the CEO of JD Logistics. At the end of last year, JD.com suddenly announced that Wang Zhenhui left his job due to personal reasons, and the group appointed Yu Rui, the former chief human resources officer, to take over as CEO of JD Logistics. (Source: LatePost)
Hainan Nongken Holdings reached a strategic cooperation with JD.com
Recently, Hainan Agricultural Reclamation Investment Holding Group Co., Ltd. and Jingdong Group signed a strategic cooperation agreement, the two sides will seize the opportunity of Hainan free trade port construction, build an efficient and intelligent agricultural system, and strengthen and optimize the efficient agriculture with tropical characteristics.
It is understood that Hainan Nongken Holdings and Jingdong Technology, a subsidiary of Jingdong Group, will carry out in-depth cooperation in an all-round way around smart agriculture, intelligent supply chain, warehousing and logistics, industrial platform and rural revitalization. Grasping the important opportunity of Hainan's construction of a free trade port, the two sides will combine the industrial system and technological advantages to promote the transformation of agriculture on a large scale, standardization, intelligence and efficiency, comprehensively promote the development of smart agriculture, and promote the reform and development of agricultural reclamation in Hainan. (Source: Hainan Daily)
Blessing Trucks or switching to Hong Kong IPO does not rule out shelving the IPO plan to the United States
On September 23, according to people familiar with the matter, Fuyou Trucks is evaluating the feasibility of transferring to Hong Kong for listing, and has launched internal negotiations on the listing of the transfer to Hong Kong, and does not rule out that it will shelve its IPO plan to the United States. Previously, on May 15, Beijing-based road freight platform Fuyou Trucks officially submitted its first F-1 IPO prospectus to the U.S. Securities and Exchange Commission (SEC), and the company plans to list on the NASDAQ under the trade code "FOYO". Goldman Sachs, UBS and CICC are co-lead underwriters for their IPOs.
Founded in 2015, Fuyou Trucks is a technology logistics platform focusing on vehicle transportation, and Fuyou Trucks builds intelligent logistics systems mainly through big data and AI technology. According to the relevant interest, the operating entity of Fuyou Truck is "Beijing Fuyou Duoduo Information Technology Co., Ltd.", and the company has completed 8 rounds of financing since its establishment in 2013. According to the prospectus, Fuyou Trucks' latest financing occurred in April 2021, which is a Series E preferred stock financing with a total consideration of up to $200 million. (Source: Zhitong Finance)
Lu Ge was awarded the Top 500 Private Enterprises in China
On September 25, the All-China Federation of Industry and Commerce released the list of the top 500 private enterprises in China in 2021, and Hefei WeitianYuntong (Luge) was shortlisted for the second consecutive year with its high-quality development momentum, ranking 432nd, up 45 places from last year.
It is reported that the "Top 500 Private Enterprises in China" is produced on the basis of the research of private enterprises on the scale of the All-China Federation of Industry and Commerce, and is an authoritative list to measure the strength of China's private enterprises. The shortlist for two consecutive years fully reflects the industry's high recognition of the steady development of Luge.
Tmall unveils a new strategy: upgrade to a D2C digital service platform
On September 23, Chui Xue, vice president of Alibaba Group and vice president of Tmall Business Group, released a new strategy for Tmall, in the next stage, Tmall will move from e-commerce global marketing to enterprise global direct service consumers (D2C), from crowd operation to global consumer and product lifecycle management. "Tmall should do a good job in serving D2C and help enterprises directly face global consumers (D2C)." Chuixue believes that Tmall should think together with enterprises: "How to do long-term user loyalty, what is the next new product." ”
According to reports, D2C is the abbreviation of Direct to Consumer, which means that the enterprise is directly to the consumer. Through an online store, companies can reach the widest range of consumers, gain insight into consumer needs, and flexibly adjust their business strategies. (Source: Blue Whale Finance)
ByteDance will launch an independent export e-commerce APP
Recently, it was learned that ByteDance is testing an independent export e-commerce platform and plans to launch it in October 2021. According to sources, the standalone app will be similar to Alibaba's AliExpress. In the past month or so, the Byte team has also been intensively involved in many big sellers in East China, inviting the latter to participate in the platform test.
In addition to the latest rumors of ByteDance testing independent export e-commerce platforms, there was also news that the Douyin e-commerce independent APP will be officially launched in October, and the project is promoted by Kang Zeyu, president of Douyin E-commerce. In this regard, the relevant person in charge of Douyin e-commerce said that he would not comment. (Source: Phoenix Finance)
SPC: Clarify the rules for determining labor relations in new forms of employment, such as couriers and ride-hailing drivers
On September 23, at a press conference held by the State Council New Office to ensure the comprehensive construction of a well-off society in an all-round way, He Rong, vice president of the Supreme People's Court in charge of daily work and a first-level justice, said that the rules for determining labor relations in new employment forms such as couriers, online ride-hailing drivers, and e-commerce anchors were clarified, and the healthy development of the economic development of the guided and standardized platform and the protection of the legitimate rights and interests of workers were unified. (Source: Beiqing Network)
The National Development and Reform Commission and the Ministry of Natural Resources jointly released the list of the third batch of demonstration logistics parks
Recently, the National Development and Reform Commission and the Ministry of Natural Resources jointly issued the "Notice on Doing a Good Job in the Third Batch of Demonstration Logistics Parks" (click for details), determined the list of the third batch of 24 demonstration logistics parks, cancelled the title of 2 demonstration logistics parks, and required relevant provincial (autonomous regional, municipal) government departments to further improve the coordination mechanism for the work of demonstration logistics parks, grasp the implementation of various policies and measures that have been introduced by the state and localities, and add new logistics storage land to the demonstration logistics parks. Priority will be given to inclusion in the supply plan for construction land in the region and key guarantees will be given. At the same time, we will actively promote the solution of difficulties and problems faced by the development of the park, and support the construction of major logistics infrastructure in the demonstration logistics park that meets the conditions. (Source: National Development and Reform Commission website)
The action plan for the construction of new infrastructure in the field of transportation was released
Recently, the Ministry of Transport issued a notice on printing and distributing the Action Plan for the Construction of New Infrastructure in the Field of Transportation (2021-2025). (Click for details)
The "Action Plan" points out that by 2025, a number of key transportation infrastructure projects will be created, a number of replicable and popularized application scenarios will be formed, a number of technical standards and specifications will be formulated and revised, and the integrated development of transportation infrastructure networks and transportation service networks, information networks and energy networks will be promoted, the ability of accurate perception, accurate analysis, fine management and meticulous service will be significantly enhanced, intelligent management will be deeply applied, integrated services will be widely covered, and the operation efficiency, safety level and service quality of transportation infrastructure will be effectively improved.
In terms of main tasks, it includes smart highway construction actions, smart waterway construction actions, smart port construction actions, smart hub construction actions, transportation information infrastructure construction actions, transportation innovation infrastructure construction actions, and standard and specification improvement actions. (Source: Ministry of Transport website)
The Ministry of Transport issued a guide for the construction of an electronic release platform for imported containers based on blockchain
Recently, the Ministry of Transport issued the "Guidelines for the Construction of Electronic Container Release Platforms for Imported Containers Based on Blockchain", which put forward platform construction requirements, clarified the data format and interaction requirements of container documents on the chain such as bills of lading, sea waybills, and equipment handover orders, promoted port and shipping enterprises to strengthen coordination and linkage, accelerated platform application and data sharing, promoted blockchain-based electronic release of imported containers, promoted the digital transformation of shipping, and improved the business environment at ports.
In order to accelerate the application of blockchain in the field of transportation, the Ministry of Transport will take the research on the global shipping service network based on blockchain as the key target task of the Ministry, actively promote the experimental application, and list the implementation of the "smooth travel project" of imported e-commerce goods ports and shipping as one of the practical things that are closer to the people's livelihood in transportation in 2021. At present, 8 ports such as Shanghai and Ningbo Zhoushan have realized the electronic release of import container ports based on blockchain, and the average processing time of port and shipping documents for major imported e-commerce goods has been compressed from 2 days to less than 4 hours. (Source: Ministry of Transport website)
"Backdoor" Sur Express Nezha Express has made new progress in the network
On September 23, Jiangsu Guoxin Huaxia Information Industry Group Co., Ltd., the parent company of Nezha Express, released a message saying that the company will base itself on overall planning and focus on future strategies, fully integrate social resources, and reach a cooperation framework agreement with Soll Express. (Click for details)
According to the news, as a once-well-known domestic express delivery company, Sur Express takes "enterprise parts + LTL express" as its market positioning, serves the B2B market, takes enterprises and factories as the core customer group, and takes "3-100KG" as the core weight segment. Jiangsu Guoxin Huaxia takes state-owned enterprises as a revitalization of social resources, optimizes the development of the industry, and after several rounds of communication with the manager of Sura Express and multi-party evaluation, it has reached an agreement - it intends to host the business affairs of Sur Express, integrates the B-end business resources of Sur Express with the existing national distribution network and C-end partner resources of Nezha Express, optimizes the structure of goods, creates a B/C interconnection advantage network, improves operational efficiency, and seeks common development. (Source: 21st Century Business Herald)
Luckin Coffee announced a $187.5 million settlement letter of intent with U.S. investors
On September 21, Luckin Coffee issued three consecutive announcements announcing that the company had reached several "milestones" in its restructuring plan and capital market disclosures, including: the signing of a $187.5 million settlement letter of intent with the plaintiffs in the US class action lawsuit; the company's formal filing of a debt restructuring plan for convertible bond creditors with the Cayman Court; and the company's formal filing of its 2020 annual report, including audited financial reports, to the U.S. Securities and Exchange Commission (SEC). However, it remains doubtful whether the settlement can be approved by the U.S. courts.
According to the announcement, Luckin Coffee signed a $187.5 million letter of intent with the plaintiffs in the US class action lawsuit, which is far lower than previous legal speculation on the matter , last December, a lawyer predicted that Luckin Coffee may face a total of about $11.2 billion in investor litigation damages. However, Luckin also pointed out in the announcement that the settlement agreement still needs to be approved by the Cayman court that supervises the company's conditional liquidation, as well as the US court that hears the class action. (Source: CCTV)
Hairou Innovation announced the completion of two rounds of financing of more than $200 million
Recently, Hairsoft Innovation announced the completion of two consecutive rounds of financing, with a total amount of more than 200 million US dollars. The amount raised will be used to enhance technical strength and product capabilities, global market expansion and layout, supply chain management and organizational structure construction. Among them, the Series C financing was led by Wuyuan Capital, followed by Sequoia China, Source Code Capital, VMS Dingpei Group, Walden International, and Potential Energy Capital. The D round of financing was led by Today Capital, and Sequoia China, Wuyuan Capital, Source Code Capital, Lenovo Star, and Zero One Venture Capital followed the investment, and Potential Capital continued to serve as the exclusive financial advisor of the company. Up to now, Hairou Innovation has completed seven rounds of financing, and completed three rounds of financing of B+, C and D within one year, which means that the company's ability to adhere to the deep ploughing of box warehouse robot (ACR) products, technologies and services has been recognized by the capital market.