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Today’s News
Zhao Wei’s 5 million yuan equity was frozen. What happened to her? ; Babytree’s former CFO Xu Chong retaliated against multiple Star executives for falsely accusing them and claimed that the police had filed a case; when will Huawei Pura70 be launched for sale, Yu Chengdong responded that “there will be good news in two days”; after Wanda introduced a 60 billion strategic investment, Xinda Alliance The board of directors expects to complete the reorganization in the second quarter; CATL's first-quarter revenue declines and the company said it will strengthen the influence of its terminal brand; fully attack the IPO: Nezha Automobile's parent company received an investment of no less than 5 billion yuan; National Medical Insurance Administration: Weight loss drugs are "again" "God" cannot be included in the medical insurance...
headlines
5 million yuan of equity in Zhao Wei's name has been frozen. What happened to her?
Zhao Wei, who has not been heard from for a long time, has become the focus of many media today. According to
industrial and commercial information, part of the equity held by Zhao Wei has been frozen recently. The subject company of the frozen equity is Hebao Entertainment Group Co., Ltd., involving an amount of 5 million yuan, and the freezing period is until April 10, 2027.
In fact, there are multiple equity freezes in Zhao Wei’s name, with a total amount exceeding 10 million yuan. Currently, she serves as the legal representative of three companies, two of which have been revoked or cancelled, leaving only one studio named Zhao Zhao (Shanghai) Film and Television Culture. In addition, Zhao Wei has invested in 13 companies abroad and indirectly invested in 50 companies, involving film and television companies, real estate development, catering and other fields.
Zhao Wei was punished by the China Securities Regulatory Commission due to the Wanjia Culture incident in 2018. At that time, Zhao Wei and her husband Huang Youlong were given a warning, fined 300,000, and banned from the securities market for five years. In addition to the dynamics of the capital market, its film and television works and variety shows have basically been removed from the shelves.
is a generation of red stars, which is embarrassing.
Characters
Babytree’s former CFO Xu Chong took revenge on multiple executives for falsely accusing the police.
Xu Chong, the original chief financial officer (cfo) of Babytree, a Hong Kong-listed maternal and child community e-commerce company, issued an open letter on April 15, saying that Beijing The Chaoyang Branch of the Municipal Public Security Bureau has recently launched a case for investigation into a case in which he was falsely accused and framed, and issued a "Notification of Case Filing". Xu Chong publicly accused many Fosun and BabyTree executives of participating in the false accusation. Fosun told Caixin that it is investigating the filing of the case within the company and will not comment on the matter until the situation is clearly understood. (Caixin.com)
When will Huawei Pura 70 go on sale? Yu Chengdong responded, "There will be good news in two days."
China Business News reported that on April 15, Huawei's official Weibo released multiple videos about the Huawei P series , and stated that Huawei’s p series has been officially upgraded to “Huawei pura”. On the morning of the 16th, Yu Chengdong, Huawei's managing director and terminal bg CEO, told reporters, "Pura70 can be regarded as p70, and there will be good news in two days." As the release time approaches, reporters recently visited Huawei offline authorized stores in Guangzhou and Shenzhen It was discovered at the time that some stores had opened "blind box booking". A Huawei dealer in Guangdong told reporters that it had completed stocking and payment on the 15th, but had not received any notification from Huawei regarding the specific distribution time of offline stores.
Robin Li said that open source is the most expensive in the field of large models
In March last year, Baidu released Wen Xinyiyan. About a year later, Baidu held another create Baidu AI Developer Conference. Robin Li, founder, chairman and CEO of Baidu, introduced the progress in the past year and announced the launch of Wenxin Large Model 4.0 tool version. Robin Li revealed the latest data of Wenxin Big Model this time, including user data exceeding 200 million. In addition, he also said that people used to think that using open source was cheap. In fact, in large model scenarios, open source is the most expensive, so the open source model will become increasingly behind. (Yicai)
Large company
After Wanda introduced 60 billion in strategic investment, the board of directors of Xindameng is expected to complete the reorganization in the second quarter.
Wanda Commercial Management After introducing 60 billion in investment, the board of directors of Dalian Xindameng Commercial Management Co., Ltd. will be reorganized. The reporter learned exclusively from people familiar with the matter that since the transaction target is to be delivered in the second quarter, it is expected that the board of directors of Xinda Alliance will also complete the reorganization at the same time as the delivery. Regarding the specific proportion of board members, since the joint investors hold a total of 60% of the shares, it is estimated that this proportion will also be reflected in the board of directors.On March 30, 2024, Wanda Commercial Management officially signed an investment agreement with five institutions including PAG Investment Group and CITIC Capital. The five investors jointly invested approximately RMB 60 billion in Dalian Xinda Alliance, holding a total of 60% of the shares. Dalian Wanda Commercial Management holds 40% of the shares. (Financial Associated Press)
CATL’s first-quarter revenue fell, and the company said it would strengthen its terminal brand influence
In the first quarter of 2024, CATL’s total operating revenue was 79.77 billion yuan, a year-on-year decrease of 10.41%; non-net profit after deducting it was 9.25 billion yuan, A year-on-year increase of 18.6%. At the performance briefing held on the evening of April 15, CATL management stated that the decline in operating income was mainly due to the decline in raw material costs and the corresponding decline in battery prices, and the company's product structure has not changed much.
Recently, CATL has begun to highlight its own brand in cooperation with multiple car companies. For example, after the release of Huawei's Hongmeng Zhixing cooperation models Zhijie s7 and Wenjie m9, CATL released corresponding promotional videos. In addition, CATL is also increasing its brand investment for end consumers, including placing battery advertisements in some high-traffic areas. (Caixin.com)
Fosun International continues to “slim down”, and Fosun International sells its stake in Belgium’s Fugee Insurance Company for about 670 million euros
Fosun International continues to “slim down and stay fit”. The company recently disclosed details of a deal with BNP Paribas to sell shares in Belgian insurance company Ageas. The announcement showed that the total price of the sale ranged from 626 million to 670 million euros (approximately 5.2 billion to 5.6 billion Hong Kong dollars). Fosun International stated that the shares sold accounted for no more than 8.19% of the total issued shares of ageas. After the transaction is completed, its shares in ageas sa/nv will not exceed 1.9525 million shares. The company said the sale was part of a strategy to streamline its investment portfolio and focus on its core businesses. (Interface)
Fully attack on IPO: Nezha Automobile’s parent company received no less than 5 billion yuan of investment
html On April 15, Nezha Automobile’s parent company Hezhong Automobile announced that it had received at least 5 billion yuan of investment to accelerate the IPO process. It is reported that the investors this time are all local state-owned assets, including Tongxiang State-owned Capital Investment and Operation Co., Ltd., Yichun Jinhe Equity Investment Co., Ltd., and Nanning Minsheng New Energy Industry Investment Partnership (Limited Partnership). On the same day, they jointly cooperated with Hezhong Automobile Signed the "Joint Agreement on High-Quality Development of Hezhong Automobile".According to the agreement, the parties to the contract will jointly provide a total investment of no less than 5 billion yuan to Hezhong Automobile. Public information shows that Nezha Automobile currently has three vehicle production bases in China, located in Tongxiang, Zhejiang, Yichun, Jiangxi and Guangxi. Nanning, respectively, corresponds to the three local state-owned assets involved in this investment. (21st Century Business Herald)
The European Union plans to launch an investigation into China’s medical equipment procurement. Mindray Medical responded: It has always participated in market competition in compliance with laws and regulations.
According to a report by Bloomberg on the 15th, the European Union will launch an investigation into China’s medical equipment procurement in order to eliminate the suspicion of the Chinese government. Concerns about unfairly favoring domestic suppliers. It is reported that the main purpose of the investigation is to engage in dialogue with China to ensure a fair and open market. It will be the first invocation of the EU's so-called International Procurement Instrument (IPI). After the news came out, Mindray Medical, a leading domestic medical device company, also responded to related matters. The company stated that Mindray Medical has always actively practiced the concept of free trade, strictly abided by the laws, regulations and regulatory requirements of various countries around the world, and participated in market competition in compliance with laws and regulations. (Securities Times)
Investment and Financing
Microsoft invests US$1.5 billion in UAE AI company g42
Microsoft announced on April 16 that it will invest US$1.5 billion in UAE artificial intelligence company g42. Under the partnership agreement, Microsoft President Brad Smith will join g42's board of directors, and g42 will use Microsoft's Azure cloud to develop its artificial intelligence applications. The investment gives Microsoft a minority stake in g42.(Interface)
Hong Kong stock "aigc's first share" Mobvoi is expected to be listed on April 24.
html According to news on April 16, Mobvoi announced that the company plans to sell 84.568 million shares globally and 8.457 million shares in Hong Kong, China. In fact, There are 76.111 million shares on offer, with an additional 15% over-allotment option; the IPO will be held from April 16 to April 19, 2024, and the expected pricing date is April 22; the offer price will not exceed HK$4.10 per offer share, Each board lot is 1,000 shares; CICC and CMB International are the joint sponsors; the shares are expected to be listed on the main board of the Stock Exchange on April 24, 2024. With generative AI and voice interaction technology as its core, the company provides AI generated content (AIGC) solutions, AI enterprise solutions, smart devices and accessories. (Interface)New technologies/products/services
National Medical Insurance Administration: No matter how “miraculous” a weight-loss drug is, it cannot be included in medical insurance
html On April 16, the National Medical Insurance Administration published “Is the “miraculous weight-loss drug” included in medical insurance? "The article clearly states that no matter how "magical" a weight-loss drug is, it cannot be covered by medical insurance. The article stated that a drug called "semaglutide" is sought after by many beauty lovers. In China, semaglutide is currently approved for hypoglycemic indication and has been included in medical insurance. However, the National Medical Insurance Administration emphasized that in 2020, the National Medical Insurance Administration issued the "Interim Measures for the Management of Basic Medical Insurance Drugs" which clearly stipulates that there are 8 categories of drugs that cannot be reimbursed by medical insurance, and drugs that "improving living conditions" are one of them. (Beijing Business Daily)Honda releases a new pure electric brand and plans to launch six pure electric models in China by 2027.
Honda China today released a new electric brand "Ye". The new brand models are based on Honda's new pure electric W architecture, and it plans to launch six models in China by 2027. By 2035, Honda will achieve 100% electrification in the Chinese market. (Financial Associated Press)
* title picture purchased from Visual China
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