Big company morning newspaper | Michelle Ice City plans to list "Changjin Lake" on the A-share market to become the box office champion of the National Day file

(Finishing/Lu Siye)

Today is Friday, October 8, the new working day has begun, and the dynamics of these large companies in the past holiday are worth paying attention to: Michelle Ice City sprintSaint A shares, has completed the IPO counseling filing; Ctrip responded to the report of suspected "two choice one" monopoly; China Evergrande and Evergrande Property short suspension of trading, pending the publication of major transaction announcements...

First, let's look at the IPO and investment and financing news:

Sources say iQiyi is considering listing in Hong Kong as soon as the end of 2021

According to Bloomberg, iQiyi is considering raising $500 million to list in Hong Kong as soon as the end of this year, and considering Bank of America, Goldman Sachs and CLSA as its listing underwriters. As of now, the news has not received a response from iQiyi. iQiyi's U.S. stocks rose rapidly before the market, once falling more than 2%, and now down 0.94%.

WM Motor expects to receive more than $300 million in D1 round of financing

On October 5, WM Motor announced that it expects to receive more than $300 million in D1 round financing. The Round of Financing was led by PCCW Limited ("PCCW") and Shun Tak Group Limited ("Shun Tak Group"), including US dollar investment institutions under GF Shun Tak Investment Management Limited. The company will then sign a D2 round of financing agreements with several other internationally renowned investment institutions, and the total amount of this round of financing is expected to reach about 500 million US dollars.

Lenovo Group's IPO application for the Sci-Tech Innovation Board was accepted

On October 4, Lenovo Group announced on the Hong Kong Stock Exchange that it had submitted to the SSE the application materials for the proposed issuance of Chinese depositary receipts and listing materials (including the application version of the prospectus), and received a letter from the SSE confirming the acceptance of the application on 30 September 2021.

The IPO of Michelle Ice City has been counseled for filing

On October 1, the official website of the Henan Securities Regulatory Bureau announced that Mi xue Bingcheng Co., Ltd. intends to issue shares in the A-share market for the first time and list it, and is receiving counseling from GF Securities, and has been filed for counseling at the Henan Securities Regulatory Bureau on September 29, 2021. At present, Michelle Ice City has opened more than 10,000 stores.

Next up are the other dynamics:

515 million domestic trips during the National Day holiday, recovering to 70.1% of the same period before the epidemic

On October 7, according to the Ministry of Culture and Tourism, based on the data of local cultural and tourism departments, communication operators and online travel service providers, according to the data center of the Ministry of Culture and Tourism, from October 1 to 7, 515 million domestic tourism trips were made nationwide, a year-on-year decrease of 1.5% according to the comparable caliber, and recovered to 70.1% of the same period before the epidemic according to the comparable caliber. Achieved domestic tourism revenue of 389.061 billion yuan, a year-on-year decrease of 4.7%, recovering to 59.9% of the same period before the epidemic. Tourist satisfaction reached 85.5.

In 2021, the National Day box office of 4.387 billion yuan hit the second place in history, and "Chosin Lake" accounted for 70%.

According to the data of The Lighthouse Professional Edition, as of 24:00 on October 7, the box office of the National Day file in 2021 was 4.387 billion yuan, second only to the box office performance of the National Day file in 2019 of 4.466 billion. In the 7 days of the National Day holiday, the box office of "Chosin Lake" exceeded 3.205 billion yuan (the cumulative box office since its release was 3.41 billion), becoming the box office champion of the National Day file, and the single film contributed more than 70% of the National Day box office.

Zhongyu Group: Investing in Evergrande Bills and Evergrande Automobile shares will result in significant losses

On October 7, Zhongyu Group announced on the Hong Kong Stock Exchange that it expected that in its interim results for the six months ended September 30, it would cause "significant losses" due to its investment in Evergrande Group's senior notes and Evergrande Automobile shares. In terms of changes in the fair value of Evergrande Notes and Evergrande Automobile's shares, the company will record an unrealized loss of approximately US$135 million and US$296 million respectively, and will announce interim results in late November. After the sale of Evergrande Automobile's shares on October 5, the remaining 10 million shares of Evergrande Automobile were sold in the open market for an average of HK$3.35 per share;

After rectifying the "virtual currency speculation", more than 20 coin-related companies announced their withdrawal from the Chinese market

According to the "Securities Daily" news on October 7, before September 24, ten departments such as Chinese Bank issued new regulations to rectify the "virtual currency speculation", and subsequently, a number of virtual currency trading platforms, mining companies, and market websites have expressed positive responses to regulatory policies. According to incomplete statistics, as of October 7, more than 20 virtual currency-related companies announced that they would stop providing related services to users in China and fully withdraw from the Chinese market. People in the industry generally believe that this supervision can be described as a precision strike, and the "gray area" that was not clearly stipulated before has been clarified. The domestic virtual currency market has been hit hard, and there may be no chance of "resurgence".

Megvii Technology's former driver was sentenced for trying to extort 3 million yuan from the chairman

Hu Zijian, who used to work as a driver at Megvii Technology, threatened to sell recordings with sensitive information to competitors and demanded 3 million yuan from the company's chairman of the board of directors, Yin Qi. On October 7, the Haidian District Court of Beijing Municipality disclosed the verdict in Hu Zijian's case: Yin Qi reported that Hu Zijian had unsuccessfully asked for money and was arrested by the police on February 9, 2021. The Haidian court convicted him of extortion and sentenced him to 4 years' imprisonment and a fine of 10,000 yuan. Hu Zijian pleaded guilty and accepted punishment.

The founder of Elite Education posted: Admitting that investment is too aggressive

On October 7, Zhang Xi, chairman of Elite Education, posted in the circle of friends, apologizing to relatives and friends, elite customers and elite employees, and saying that he was dedicated to education, but indeed the investment expansion was too aggressive and neglected investment and financial management, resulting in today's situation.

Zhang Xi also said that he has always regarded the elite as his only, never thought of coveting pleasure, just wanted to do a good job, and the result was the opposite. "In order to do a good job in education, I really lost my family, but it is such a result, so sorry and regretful."

China Merchants Securities: President and Chief Information Officer Xiong Jiantao resigned

China Merchants Securities announced on October 7 that the company's board of directors received a written resignation report submitted by Xiong Jiantao, executive director, president and chief information officer of the company, on October 7. Xiong Jiantao decided to focus on other personal affairs and applied to resign from all positions held by the company's executive director, president, chief information officer and other positions on the company's board of directors and management. According to the regulations, Xiong Jiantao's resignation takes effect from the date of delivery to the board of directors, and Mr. Huoda, the chairman of the company, will act as president. At present, the company is operating normally.

China Evergrande, Evergrande Property: The company has suspended trading for a short time, pending the publication of a major transaction announcement

On October 4, China Evergrande and Evergrande Property announced on the Hong Kong Stock Exchange that the company's shares were temporarily suspended from trading. China Evergrande said it was awaiting the publication of a transaction announcement containing material disclosures. Evergrande Property said it was pending the publication of an announcement made under the Hong Kong Code on Takeovers and Mergers, which constituted inside information and a possible general offer for the Company's shares.

iQiyi, Tencent, and Youku have completely cancelled advanced on-demand

On October 4, iQiyi, Tencent Video and Youku announced the cancellation of the advanced on-demand service for episodes. In September this year, Tencent Video was named by the Shanghai Municipal Consumer Protection Commission for suspected bundled sales because it had to pay in order to unlock the advanced on-demand model, and at the same time, the Shanghai Municipal Consumer Protection Commission also named iQiyi and Youku, saying that it hoped that other platforms with similar situations could actively follow suit.

Little Red Book advertised suspected of disrespecting women, responding that the supplier was improperly operating

On October 2, Xiaohongshu's advertisements on some social platforms caused controversy, and some users believed that this content was suspected of disrespecting women. In this regard, the official account of Xiaohongshu apologized under the notes that partially reflected the problem, and said that the advertisement was an improper operation by an external advertising agency supplier in December 2020, and the problem was found at the first time, and the advertisement was immediately removed and all cooperation with the supplier was terminated.

Ctrip responded to the reported suspected "either-or" monopoly: it firmly supports fair competition

On the evening of October 1, in response to the weekend hotel App's report on Ctrip's suspected "two choice one" monopoly, Ctrip issued a statement saying that before the holidays, hotels will generally remove a large number of pre-sale inventory on Ctrip's platform in order to increase revenue, and have made positive communication and explanations for "misunderstandings". Ctrip said it firmly supports fair competition in the hotel industry and opposes "choosing one of the two", while Ctrip values all partners.

On October 2, the weekend hotel APP issued another statement on the official WeChat saying that it did not agree with Ctrip's statement response. Weekend Hotel APP reiterated that since March this year, the cooperative hotels have been forced by Ctrip to remove the cooperation products on the "Weekend Hotel" many times, and in mid-April this year, they have directly expressed their dissatisfaction and indignation to Ctrip on the ban, but have not received positive responses and apologies.

NetEase Youdao announced the sale of K9 discipline training business

On October 1, NetEase Youdao issued an announcement that it would sell its after-school tutoring business (K9) in the compulsory education stage, which includes Youdao's after-school tutoring services for disciplines in China's compulsory education system and its related assets and liabilities. The deal is expected to close by the end of the year. NetEase Youdao's financial report for the second quarter of fiscal 2021 shows that the revenue of the aforementioned training business accounts for about 24% of the company's total revenue.