Volkswagen stops development of internal combustion engines, GOLDEN DRAGONS earn nearly $200 billion in a year

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Volkswagen announced that it is stopping the development of internal combustion engines and going all in on adding electricity

Not long after Audi announced that it would not be developing any new combustion engines, Volkswagen's CEO recently told the world that the company has no more plans for the development of a new internal combustion engine. Like Audi, VW will improve its existing internal combustion engines to meet upcoming emissions standards, which will still be needed for some time to come, and VW will need internal combustion engine sales to complete the massive electrification transition of Volkswagen vehicles. On March 5, Volkswagen announced its Acclerate strategy: by 2030, the company expects to complete a 70 percent market share of electric vehicles in Europe; in China and the U.S. the figure is 50 percent. Many domestic and international netizens have expressed regret because VW has many famous high-performance models, such as the Audi RS, Porsche 911 and the W12 engine that VW is proud of. VW plans to have 80% of its batteries come from suppliers under its control by 2030. This is VW's next major strategy, following the $7 billion creation of the MEB pure electrification platform. VW's existing internal combustion engines - both the fourth-generation EA888 and EA211 EVO engines - will meet Euro 7 emissions regulations by 2025. With the electrification transition on the horizon, there's really no need to develop new internal combustion engines either.

With nearly $200 billion in revenue a year, what makes Goldilocks tick?

People eat for heaven, the herd, how to always win? Now, a new revolution around the Chinese family kitchen scene has quietly started.

Last night (March 23), the Golden Dragonfish released its 2020 annual financial report, realizing double-digit growth in revenue and net profit - 2020 operating income of 194.9 billion yuan, an increase of 14.2% year-on-year; attributable to shareholders of listed companies, net profit of 6 billion yuan, an increase of 11.0% year-on-year.

In 1991, the first bottle of "Golden Dragon Fish" small-package cooking oil was officially launched, opening a new chapter in China's traditional grain and oil industry.

The first report card after the IPO:

Revenue of nearly 200 billion, net income of 6 billion

This is a company with more than 30 years of history of growth. 1988, Golden Dragon Fish in Shenzhen Shekou, Shekou, the construction of the first factory. In the early stage of development, with a series of classic advertising jingles known to the majority of Chinese consumers, and then through continuous innovation and grafting of new products, new categories, from a single cooking oil brand gradually developed into a comprehensive kitchen food brand, is one of the indispensable and important role in the kitchen of Chinese families.

In less than half a year, the market capitalization soared 100 billion

Golden Dragonfish with what?

The total market capitalization of goldfish exceeds 400 billion yuan, soaring more than 100 billion yuan from the first day of listing.

First of all, this stems from the absolute leading position of gold dragonfish in China's grain and oil industry. Since its development to date, the Golden Dragonfish in China's packaged rice and flour, as well as small packages of edible vegetable oil industry steadily occupy the leading position. According to Nielsen data, the company ranked first in terms of market share in small-packaged edible vegetable oil, packaged flour modern channel, and packaged rice modern channel in 2017-2019 by sales volume. In addition, the company ranks high in the market share of the feed ingredients, fats and oils technology industry.

And this is the result of the continuous development and innovation of a long-established brand. Sitting on 546 patents authorized, 259 invention patents, has always been rooted in science and technology, innovative research and development of circular economy industry model, through the deep processing, the full development and utilization of rice, soybeans, corn, wheat and other agricultural products of the value of resources, drive the processing of agricultural products from the primary processing to the transformation of deep processing, so as to achieve the transformation and upgrading of the industry, so that the industrial field is wider, higher value-added, The industry chain is much longer.

At the same time, GOLDEN DRAGONFISH reduces costs through the model of integrated enterprise groups located in strategic points.

Nowadays, the company has 66 production bases in operation

Channel is the king, and the strategy of diversified channel layout is the icing on the cake in terms of reflecting the brand value and the continuous guarantee of food safety.

Some industry insiders analyze that the resource capacity that goldfish has is not comparable to that of general grain and oil companies, including upstream resources, global supply chain resources, grain resources, etc. It is not only one of the best in the Chinese market, but also one of the best in the world in terms of food safety. It is not only one of the top grain and oil companies in the Chinese market, but also has a relatively strong voice in the global market.

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Sword refers to TSMC! Intel smashed 20 billion dollars to build a factory to enter the chip foundry

The old chip giant Intel finally stopped "squeezing toothpaste"! The company under the leadership of the new CEO, the official launch of a new flexible and versatile chip foundry, wafer outsourcing methods, and TSMC, SMIC, Samsung and other enterprises to compete to achieve **** win. March 24, Intel's new CEO Pat Kissinger in the "engineering technology to create the future" global live event officially launched the "IDM 2.0" strategy. "IDM 2.0" strategic plan, including three parts: in the future, more of its own chip manufacturing business will be outsourced to third-party foundries, to solve the crisis of 7nm development progress slow; to the United States to invest $ 20 billion in the construction of two brand new chip plant in Arizona, expanding the consolidation of Intel IDM leader; the establishment of a new "Intel Foundry Services", the use of Intel factories for external semiconductor design companies OEM chip manufacturing. Kissinger also revealed that the first 7-nanometer client CPU delivery production is expected to be realized in the second quarter of this year. This means that Intel will, on the one hand, the use of TSMC, Samsung, the resources of the two companies to manufacture 7nm chips for Intel, on the other hand, will also be through the Intel foundry model, with upstream design companies, directly and wafer foundry leader TSMC, SMIC, Samsung, etc. to seize the foundry market share. Foreign media commented that, with the accumulation of years of technological advantages, the future of Intel or is expected to "pry" the existing foundry, packaging market pattern, the realization of the new IDM development model.

Tencent released its annual report, announcing for the first time the proportion of underage game play

On March 24, Tencent disclosed for the first time the proportion of underage game play in its annual report: in the fourth quarter of 2020, minors under the age of 18 accounted for 6.0% of its online game play in China, with minors under the age of 16 accounting for 3.2% of its play. Revenue in the fourth quarter of 2020 amounted to RMB133.67 billion, representing a year-over-year increase of 26% from the fourth quarter of 2019, which was higher than market estimates. Among them, online game revenues grew 29% to RMB39.1 billion in Q4; total smartphone game revenues and PC game revenues amounted to RMB36.7 billion and RMB10.2 billion, respectively.During 2020, Tencent's total revenues amounted to RMB482.064 billion, an increase of 28% from FY2019, with online game revenues reaching RMB156.1 billion, accounting for more than 30% of the revenue. In terms of SaaS products, Tencent Meeting has become the largest standalone cloud meeting application in China, and newly launched "Tencent Meeting Rooms" and "Meeting Room Connector", which are compatible with customers' existing audio/video equipment and provide a high-quality interactive communication experience. Tencent WeChat is now serving more than 5.5 million people. Enterprise WeChat currently serves more than 5.5 million enterprise customers and connects with more than 400 million WeChat users. The results also show that Tencent spent 69.638 billion yuan on employee benefits in 2020, compared to 53.123 billion yuan in the same period last year, while the number of employees increased to 85,858 from 62,885 last year.

TikTok's proposed group chat feature: will the socialization path work?

There is news that TikTok may push the group chat function, which means that this hot global app may enter the social field. if TikTok goes online with the group chat function, the domestic version of Jieyin is likely to be brewing the same action, which brings a lot of variables for the whole social industry market. Data shows that as of August 2020, the number of daily active users of Jieyin has exceeded 600 million. TikTok, on the other hand, has about 100 million monthly users in the United States, while the number of daily active users is about 50 million, and the number of its downloads worldwide is about 2 billion. Such a large user base provides huge data and user support for TikTok to socialize. Technically the design of the group chat function is not complicated and there is no technical threshold, so the front obstacle for TikTok to launch the social function is basically equal to zero. And once TikTok's overseas market trial is successful, the domestic are also likely to socialize their operations. TikTok will launch the group chat function is likely to be a functional attempt, which also shows TikTok diversified operational thinking, whether it is successful or not is not important, the important thing is to understand the user's thoughts through the launch of the group chat function, and combined with the platform to create a better experience for the user scene. There is no problem with TikTok as the first breakthrough point, but the operation is really difficult as well.

CICC: Automotive chip will be at the high point of the wave of automatic driving

CICC research report said that the end game of the future of the car is to realize the intelligent terminal of automatic driving. Autopilot will become a technology wave of technology giants competing for, and under this influential technology wave, automotive chips, especially self-driving chips, will be in the heights of the wave of autopilot. According to the analysis and comparison of the mainstream processor architecture of Tesla, Nvidia, Mobileye, Horizon, etc., we believe that the simplified architecture of "CPU+ASIC" may become the mainstream commercialization. Benefit from the industrialization of autonomous driving, automotive chip is expected to industry chain upward, from Tier2 to the new Tier1, the right to speak and bargaining power. Moreover, China's autonomous driving SoC chip companies are expected to gain advantages in future competition through open platforms and localized services.

The following is today's equity financing events compiled by Share Rongyi Information for you

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Intelligent beer brewing equipment research and development company Aigueru won nearly 10 million yuan of Pre-A round of financing

In January 2016, Aigueru completed 4 million yuan of angel round of financing, led by Haofang Venture Capital, followed by Ginkgo Valley. Ginkgo Valley followed.In the second half of 2017, Love Gollum completed a 6 million yuan angel plus round of financing, led by Ginkgo Valley, followed by Silver Chain Capital and Haofang Venture Capital.

Intelligent travel operator Hejun Mobility completed $6 million in angel round financing

Hejun Mobility was founded in 2020, and wants to use a new model to enter the sinking market, which can be roughly summed up as follows: reconstructing a de-centralized "drip" in the way of Shopify. "

The new model is to enter the sinking market.

Jane's Yogurt completes 800 million RMB B round of financing, will be used for pasture construction to build a super supply chain

Jane's Yogurt recently completed a total of 800 million RMB B round of financing. The company's newest partner, CITIC Agriculture Fund, is the first in a long line of companies that have been able to secure the right to purchase a new product for their customers.

Industry Capital led the first round of financing of tens of millions of dollars for Eastinghouse Electric

After this round of financing, Eastinghouse Electric will further strengthen its research and development and layout in the field of intelligent security ecosystems to build a full-scenario solution capability, and strive to provide global users with higher security and smarter security solutions.

Synaptic Medical has closed a $60 million Series G financing round

Synaptic Medical, a cardiac electrophysiology company, has closed a $60 million Series G financing round. ("Synaptic Medical"), a cardiac electrophysiology company, has closed a $60 million Series G financing round led by Huagai Capital, followed by Yuan Sheng Venture Capital and longtime shareholder SIG, with Hoyue Capital acting as the exclusive financial advisor for the round. HeartNop Medical was founded in Minnesota in 2005 and established a wholly-owned subsidiary in Beijing in 2007, is a leading cardiac electrophysiology company, currently has more than ten product lines for diagnosis and treatment of arrhythmia diseases, sales covering nearly 800 hospitals nationwide, while multiple products have obtained registration certificates from the United States, the European Union and Japan to form sales.