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Krypton Evening News | The power generation of China Energy Group has exceeded 1 trillion kilowatt-hours in advance; "Didi Autonomous Driving" completed a Series C financing of 298 million US dollars; The Shenzhou-19 spacecraft and rocket assembly have been transferred to the launch area, and the launch is planned to be carried out at an appropriate time in the near future.

卜算籽2024-10-22 18:55
It is reported that the crisis in Samsung Electronics' semiconductor business has spread to the talent field, and a large number of employees are considering job-hopping.

Big Companies:

Suning Tesco's Application for Arbitration on Wanda's 5.04 Billion Equity Repurchase Payment Accepted
36Kr learned that on the evening of October 22, Suning Tesco issued an announcement stating that the arbitration request made by the company as the applicant has been accepted by the China International Economic and Trade Arbitration Commission. The announcement shows that Suning Tesco requests to adjudicate that Dalian Wanda Group Co., Ltd. pay the equity repurchase payment of RMB 5,040,598,551.33 to Suning Tesco Group Co., Ltd. and its subsidiary Suning International Group Co., Ltd. At the same time, it requests to adjudicate that Dalian Wanda Commercial Management Group Co., Ltd. assumes joint and several liability for the above payment obligation of Wanda Group.

Dolce & Gabbana CEO: Future IPO Consideration, Current Focus on Business Consolidation
Dolce & Gabbana CEO Alfonso Dolce said on October 21 that the company is not ready for an IPO yet, but is prepared to consider it in the future. "Before that, we hope to consolidate the business," (Jiemian).

Chow Tai Fook: Retail value in the third quarter decreased by 21.0% year-on-year
36Kr learned that Chow Tai Fook announced that the retail value in the third quarter decreased by 21.0% year-on-year. Among them, the same-store sales of direct-sale stores and franchise stores in the mainland decreased by 24.3% and 20.3% respectively year-on-year. The Hong Kong and Macau markets were affected by citizens' outbound travel during the summer vacation and the changes in the consumption patterns and preferences of mainland tourists. The same-store sales decreased by 30.8% year-on-year. The same-store sales in Hong Kong fell by 27.8%, while in Macau it decreased by 40.2%.

The Philippines seeks to cooperate with enterprises such as TSMC and UMC to expand the country's chip manufacturing business

The head of the main electronics industry organization in the Philippines, Dan Lachica, said that the Philippines is in contact with enterprises such as TSMC and United Microelectronics Corporation (UMC) to seek equipment and expertise to expand the chip manufacturing business. Lachica stated: "I hope that enterprises such as TSMC or UMC consider deploying depreciated equipment to us. In exchange, we will train Filipino workers so that they can participate in the global business." (Caixin)

Investment and Financing:

"Didi Autonomous Driving" Completes $298 Million Series C Financing

Didi Autonomous Driving announced that it has completed a $298 million Series C financing round. This round of financing is led by GAC Group, with Didi's participation. The financing funds will be used to increase investment in the research and development of autonomous driving technology and accelerate the launch of the first mass-produced Robotaxi (autonomous taxi). (Beijing Business Today)

"Aipu Yang Laser" Completes Multi-Million Yuan Pre-A Round Financing

Recently, Shenzhen Aipu Yang Laser Technology Co., Ltd. announced the completion of a multi-million yuan Pre-A round of financing, which was exclusively invested by Tongchuang Weiye. This round of financing will be used for the research and development and expansion of production of advanced pan-semiconductor laser application equipment. (Jiemian)

Google Announces the Removal of Site Link Search Boxes from Search Results

On October 22, Google announced that it will remove the site link search boxes from search results starting from November 21, 2024. The site link search box is a quick search method that allows users to conduct precise searches within a specific website. It is understood that this decision is based on Google's observation of the declining user usage rate over the years. (Global Network)

Cofco Sugar: Net profit attributable to the parent company in the first three quarters is 1.162 billion yuan, down 19.33% year-on-year
36Kr learned that Cofco Sugar announced that in the first three quarters, it achieved operating income of 22.713 billion yuan, down 4.86% year-on-year; the net profit attributable to the parent company was 1.162 billion yuan, down 19.33% year-on-year; the basic earnings per share was 0.5434 yuan. Among them, the operating income in the third quarter was 7.757 billion yuan, down 30.41% year-on-year; the net profit attributable to the parent company was 300 million yuan, down 55.41% year-on-year.

Masdar, a Middle East Energy Giant, Aims to Become One of the World's Largest Renewable Energy Groups
On October 21, it was reported that Masdar, the largest renewable energy company in the Middle East, has made a plan to increase its wind and solar power generation capacity to 100 gigawatts by 2030. Its scale is roughly equivalent to the total power generation capacity of the UK. If the goal is achieved, Masdar will become one of the world's largest renewable energy companies, and its installed power generation capacity will exceed that of competitors such as Iberdrola, Engie, and RWE Group. (Jiemian)

It is reported that the crisis in Samsung Electronics' semiconductor business has spread to the talent field, and a large number of employees are considering job-hopping

Under the background that the Device Solutions (DS) department, which is responsible for the semiconductor business at Samsung Electronics, is facing two major crises: the weak competitiveness of advanced manufacturing processes and the slow delivery of HBM memory to major customers, a large number of DS department employees are considering job-hopping to competitor SK Hynix or South Korean government research institutions. (Caixin)

The number of visitors to Li Jiaqi's live-streaming room increased by more than 30% on the first day of sale.
On the evening of October 21, the Tmall Double 11 spot goods went on sale, and the sales in Li Jiaqi's live-streaming room exceeded expectations. According to an insider close to Li Jiaqi's team, at 9 p.m. on the 21st, one hour after the Tmall Double 11 spot goods went on sale, the number of visitors to Li Jiaqi's live-streaming room increased by more than 30% year-on-year, and many domestic brands were sold out in seconds. According to public reports, Li Jiaqi's live-streaming room has invested 500 million in the red envelope rain for this year's Double 11. On the first day of presale, the amount of products added to the shopping cart in Li Jiaqi's live-streaming room increased by more than 20% compared to last year, and many brand products were sold out in seconds.

New Products:

Dreame's First Offline Store in the US Opens, Further Accelerating Its Market Deployment in the US

Recently, Dreame's first offline store in the US officially opened at Westfield Century City in Los Angeles. This is Dreame's first official layout of offline retail stores in the US. The store is located in Beverly Hills, a high-end living area in California, USA, and it has a rich variety of intelligent cleaning home appliance products. This year, Dreame has further accelerated its market deployment in the US. It is understood that on September 14, Dreame's first pop-up store in the US opened at Arcadia Mall in Los Angeles; on October 9, Dreame held its first local product tasting event in New York.

Today's Opinion:

Airbus: China's Passenger Transport Demand Has Significantly Rebounded, and Output at Tianjin Factory May Increase in the Future
On October 22, Christian Scherer, the Chief Executive Officer of Airbus' Civil Aircraft Business, said that currently, China's passenger transport demand has significantly rebounded, and the demand for aircraft production capacity is also continuously increasing. In the future, the output at the Tianjin factory may be increased. He stated that the C919 aircraft independently developed by China has emerged as a competitor to Airbus. However, as the market continues to grow, he believes there is sufficient space to accommodate new competitors, and he welcomes this. When asked about the consecutive accidents involving Boeing's aircraft recently, he believes that incidents occurring in the industry will not bring new opportunities for the business. He pointed out that the aviation market is competitive, and if a competitor declines, it is not necessarily a good thing for the group or the industry. (Jiemian)

Other News Worth Noting:

The Shenzhou-19 spacecraft and rocket assembly have been transported to the launch area, and the launch is planned to be carried out at an appropriate time in the near future.
According to the China Manned Space Engineering Office, at 00:00 on October 22, 2024 Beijing Time, the Shenzhou-19 manned spacecraft and the Long March 2F Yao-19 carrier rocket assembly have been transported to the launch area. Currently, the facilities and equipment at the launch site are in good condition. Subsequently, various functional inspections and joint tests before the launch will be carried out as planned, and the launch is planned to be carried out at an appropriate time in the near future. (Xinhua News Agency)

China Energy Group's Electricity Generation Exceeds One Trillion Kilowatt-hours Ahead of Schedule
36Kr learned that, according to the official WeChat account of China Energy Voice, as of October 20, the cumulative annual electricity generation of China Energy Group reached 1002.16 billion kilowatt-hours, completing 80.8% of the annual plan. It exceeded the one-trillion-kilowatt-hour mark 13 days earlier than last year, firmly standing on a new level of an average monthly electricity generation of 100 billion kilowatt-hours. Among them, the cumulative annual electricity generation of new energy and renewable energy reached 198.5 billion kilowatt-hours, with a year-on-year growth of 19.7%, and the proportion increased by 2.5 percentage points. The group's new energy installed capacity exceeded 100 million kilowatts, and the maximum load reached 182 million kilowatts. In August, the electricity generation was 122.11 billion degrees, setting a historical record for the highest monthly electricity generation. In September, the total electricity generation set another highest record for the same period, with an increase of 10.2%.