9:01 AM, 36Kr | Trump plans to end electric vehicle subsidies; Hengdian extras' salaries are reduced; The annual average salary of urban non-private units is 120,698 yuan.
Listing in Progress
Fuao Intelligent Suspension System (Changchun) Co., Ltd.
36Kr learned that the Aiqicha App shows that recently, Fuao Intelligent Suspension System (Changchun) Co., Ltd. was established. The legal representative is Wang Mingyu, with a registered capital of 200 million yuan. The business scope includes the manufacturing of automotive parts and accessories, the research and development of automotive parts, the remanufacturing of automotive parts, the retail of automotive parts and accessories, the wholesale of automotive parts and accessories, the sales of mechanical parts and components, the manufacturing of general parts and components, etc. Shareholder information shows that the company is held by Fuao Automotive Parts Co., Ltd. and FAW Equity Investment (Tianjin) Co., Ltd. with a shareholding ratio of 66.6% and 33.4% respectively.
TOP3 Big News
Trump Plans to Terminate Electric Vehicle Subsidies
On November 14 local time, media reports said that the transition team of US President-elect Donald Trump plans to cancel the $7,500 tax credit that consumers can receive when purchasing electric vehicles. This preferential subsidy is one of the core measures of President Biden's Inflation Reduction Act (IRA). Wedbush analyst Dan Ives said, "Trump's election as president is generally negative news for the electric vehicle industry, but we believe it is a huge benefit for Tesla."
The reason for this benefit is that Tesla has never been the biggest beneficiary of this subsidy. Compared with Tesla, which sells cars directly, this subsidy is more beneficial to other automakers who enjoy tax benefits through the "leasing loophole".
No wonder Musk agrees with Trump's plan to cancel the electric vehicle subsidy. Tesla's representatives told Trump's transition committee that they support the cancellation of this subsidy. Musk said earlier this year that the cancellation of the subsidy may have a slight impact on Tesla's sales, but it will have a greater impact on competitors, including traditional automakers such as General Motors. (Wall Street Insights)
Hengdian Extra Actors' Pay Cut, Basic Fee for Extra Actors Changed to 135 Yuan per 10 Hours
Recently, a picture circulated online claims that the pay for extra actors in Hengdian World Studios has been reduced. The picture shows: "The original basic fee for mass actors is 120 yuan per 8 hours, with an overtime rate of 15 yuan per hour. It has been adjusted to 135 yuan per 10 hours, with an overtime rate of 13.5 yuan per hour. This adjustment will be implemented starting from November 15, 2024."
In response, the reporter from Blue Whale News contacted the Actors' Guild of Hengdian World Studios to confirm the authenticity of the notice. In addition, many Hengdian extra actors also said that they have received the relevant notice recently. At the same time, an extra actor told the reporter of Blue Whale News: "The price in the notice is not the actual amount received. The guild will take 10%." At the beginning of this year, due to the explosion of micro-short dramas and the surge in demand for actors, the salary of Hengdian extra actors was once raised. According to the Upstream News, the basic remuneration for extra actors for a total of 40 days around the Spring Festival once increased to 180 yuan per day. (Blue Whale News)
National Bureau of Statistics: The annual average salary of non-private units in urban areas in 2023 is 120,698 yuan
Data released by the National Bureau of Statistics shows that in 2023, the annual average salary of employed persons in non-private units in urban areas across the country is 120,698 yuan, an increase of 6,669 yuan compared with the previous year, with a nominal growth of 5.8%, and a real growth of 5.5% after deducting price factors. The annual average salary of employed persons in private units in urban areas across the country is 68,340 yuan, an increase of 3,103 yuan compared with the previous year, with a nominal growth of 4.8%, and a real growth of 4.5% after deducting price factors. (China Business Network)
Big Companies/Big Events
JD.com Denies Rumors about Fire in Wuxi Logistics Park: The Burned Warehouse is a Storage Warehouse with Low-Value Commodities
36Kr learned that according to the JD.com spokesperson, recently, there are online rumors such as "Mobile phones worth more than one billion yuan were burned", "The entire logistics park is unrecognizable", "The logistics park is full of packaged express deliveries, all of which are flammable items, including mobile phone batteries", and "Temporary workers who have been working for 12 hours secretly smoke". After verification, the above statements are all fabricated rumors. The burned warehouse is a storage warehouse, not a sorting and operating warehouse. There is not a single mobile phone or any express package. The items stored are daily general merchandise and other low-value commodities. Currently, the logistics park has gradually resumed normal operations. Regarding the above rumors, JD Logistics has reported the case to the police.
The British Museum Receives a Donation of Chinese Ceramics Worth £1 Billion
On November 13, the British Museum, which is still mired in the scandal of the theft of 2,000 items from its collection, announced that the Percival David Foundation will donate all of its approximately 1,700 pieces (sets) of Chinese ceramic collections to the British Museum. These porcelain pieces are worth up to £1 billion, including precious cultural relics such as the Chenghua Doucai Chicken Cup of the Ming Dynasty and the Blue and White Yunlong Pattern Elephant Ear Vase with the inscription of the 11th year of the Zhizheng era of the Yuan Dynasty.
In August last year, the theft of approximately 2,000 items from the British Museum became the "biggest scandal in the museum's history", and The Times even described the case as a "national disgrace". After the incident, the museum director and deputy director resigned one after another. Subsequently, on domestic social media, the call for "The British Museum to Return Chinese Cultural Relics for Free" once topped the trending list.
The British Museum is the museum that collects the most lost Chinese cultural relics. Its collection history can be traced back to the establishment of the museum in 1753. The official website of the British Museum shows that there are more than 23,000 Chinese cultural relics in the museum, and 2,000 of them are on long-term public display. (Global Times)
Anti-Fraud Lao Chen Says His Resignation Was Too Impulsive: He Disdains Himself the Most Now
Recently, "Anti-Fraud Lao Chen" said in an interview that his resignation was too impulsive and he didn't see himself clearly. He stated, "The person I despise the most now is myself. Every day I dream that I am an auxiliary police officer, and my dream is to become a regular officer."
"Anti-Fraud Lao Chen", whose real name is Chen Guoping, was originally a police officer in the Haigang Branch of the Qinhuangdao Public Security Bureau. In 2021, he unexpectedly became popular by connecting with anchors in a PK live stream and gained attention. After becoming popular in the live stream, "Anti-Fraud Lao Chen" gained millions of fans and became the most famous anti-fraud police officer overnight. His catchphrase "Have you downloaded the National Anti-Fraud Center APP?" has become an internet buzzword. On April 8, 2022, Chen Guoping announced his resignation. In the video, he said, "In order to realize my personal dream of public welfare and not to cause more trouble to my unit due to my personal public welfare behavior, I resigned from my position as a police officer." Chen Guoping once said that in that situation, he had no better choice. His health condition made it difficult for him to balance work and live streaming. In addition, there were endless doubts, and he didn't want to cause more trouble to his unit. (Haibao News, The Beijing News)
The Latest Development of the Incident Where the 6,000-yuan Electric Bike Ordered for 300 Yuan on the Ninth Could Not Be Verified and Canceled. The User Has Successfully Picked up the Vehicle
Recently, some media reported that a user placed an order for a 6,399-yuan Ninth electric bike on the platform for only 300 yuan, but was refused when going to the offline store to pick up the vehicle. In response, the Ninth Company issued a statement saying that the problem was caused by a setting error by the e-commerce operation colleagues. To show apology, the company decided to assume corporate responsibility and fulfill the verification and cancellation commitment for all nearly 500 users who placed orders. According to the latest progress reported by the original media, the user has successfully verified and picked up the vehicle.
On November 15, the price of Feitian Moutai dropped significantly. The quoted price for the original case of 2024 Feitian Moutai is 2250 yuan per bottle.
36Kr has learned that the latest wholesale reference price disclosed on November 15 shows that on November 15, the quoted price for the original case of 2024 Feitian Moutai is 2250 yuan per bottle, which is 50 yuan lower than the previous day; the quoted price for the loose bottle of 2024 Feitian Moutai is 2190 yuan per bottle, which is 30 yuan lower than the previous day.
Tonghuashun Responds to Rumors of "Illegal Stock Recommendation"
On November 14, there were market rumors that Tonghuashun was involved in illegal stock recommendation and was placed under investigation, and its business operations might be suspended for several months. It is reported that some investment advisor communication groups of Tonghuashun have been dissolved. A relevant person from Tonghuashun responded, "There is no illegal stock recommendation, and there is no investigation." (Shanghai Securities News, Blue Whale News)
Tencent Executives Rotate, Two Vice Presidents Take on New Roles
In the past half year, Tencent's various business groups have been continuously making adjustments to the organizational structure. The reporter learned that on the afternoon of November 15, Tencent internally issued a document announcing a new executive rotation arrangement. This rotation mainly involves two Tencent vice presidents. First, Tencent Vice President Zhang Xiaochao was transferred from the Basic Products Department of the WeChat Business Group (WXG) to the Head of the Social Platform and Application Line of the Platform and Content Business Group (PCG). Second, Tencent Vice President Yao Xiaoguang ended his three and a half years of concurrent position in PCG and continues to serve as the President of the Tianmei Studio Group of the Interactive Entertainment Business Group (IEG), focusing on the game business and leading Tianmei to accelerate the development of global business. At the same time, Yao Xiaoguang will serve as a consultant for the PCG social platform and application line, continuously promoting and supporting the strategic transformation of the social platform business and the strategic synergy with the game business. (21 Finance)
CATL Applies for "Xiaoyao" Trademark
36Kr learned that the Aiqicha App shows that recently, Contemporary Amperex Technology Co., Limited has applied to register one "Xiaoyao" trademark, with the international classification of scientific instruments. In September 2024, the company also applied to register one "CATL Xiaoyao" trademark, with the international classification of scientific instruments. Currently, the status of the above trademarks is awaiting substantive examination.
Lei Jun: Xiaomi SU7 is expected to deliver over 20,000 units in November this year
During the 2024 Guangzhou Auto Show, Xiaomi Auto held a press conference. Lei Jun said that the delivery of Xiaomi SU7 exceeded 20,000 units in October, and it is expected to deliver more than 20,000 units in November. (Sina Technology)
Sinogen Biopharma and Fanhua Group Reach Cooperation
36Kr has learned that recently, Sinogen Biopharma has announced a cooperation with Fanhua Group. Taking Sinogen Biopharma's oral aging inhibitor, RejuvenAge, as an opportunity, the two sides will jointly promote the development of key health industries such as local aging intervention. According to the official introduction, Sinogen Biopharma is a joint venture between Sinogen and Sinopharm. Currently, it has introduced RejuvenAge and a series of cutting-edge technical secrets and exclusive patents in the field of aging intervention, including those from Harvard University and Mayo Clinic.
GAC Feng Xingya: Deepen Cooperation with Huawei to Achieve the Goal of 2 Million Self-owned Brand Vehicle Sales by 2027
At the Guangzhou Auto Show, Feng Xingya, the general manager of GAC Group, announced the three-year "Panyu Action", aiming to achieve that self-owned brands account for more than 60% of the group's total sales by 2027, with a challenge to reach 2 million self-owned brand vehicle sales. In the next three years, GAC's self-owned brands will intensively launch 22 new models, including 7 to be listed in 2025, comprehensively covering all mainstream new energy power forms such as pure electric, extended-range, and plug-in hybrid; GAC Trumpchi will deeply cooperate with Huawei to launch three new series of medium and high-end SUV, MPV, and sedan models, all equipped with Huawei's advanced intelligent driving technology; The main models of Aion and Hyper will be fully equipped with GAC's extended-range technology. (Cailian Press)
Elon Musk and Sam Altman's Legal Dispute Escalates, Accusing OpenAI of Trying to Monopolize the Generative AI Market
The feud between Elon Musk and Sam Altman is escalating. In a court filing, he accused OpenAI of attempting to monopolize the generative AI market and sacrificing safety to gain an edge in the competition. On November 7, Elon Musk's lawyers wrote in an amended complaint filed with the Federal Court in Oakland, California: "Microsoft and OpenAI are apparently not satisfied with their monopoly (or near-monopoly) in the generative AI field and are now actively trying to eliminate competitors like xAI by getting investors to commit not to fund them." (Sina Finance)
LG Energy Solution's stock price plunged 12.1%, marking the largest single-day drop in history
36Kr learned that the KOSPI in Seoul, South Korea, closed at 2416.86 points. Samsung Electronics in the South Korean stock market closed up 7.21%, setting the largest single-day gain since March 24, 2020. The stock price of battery manufacturer LG Energy Solution plummeted 12.1%, setting the largest single-day drop in history.
Samsung Electronics plans to repurchase approximately 10 trillion won worth of stocks
It is reported that Samsung Electronics plans to repurchase approximately 10 trillion won worth of stocks within the next one year. (Jiemian News)
Hyundai Motor is reportedly going to appoint its first non-Korean CEO
According to the news, sources familiar with the matter said that Hyundai Motor will appoint Jose Munoz, the global Chief Operating Officer, as the Chief Executive Officer on November 15. This will make him the first non-Korean CEO in a South Korean conglomerate. Munoz previously worked at Toyota and Nissan and joined the Hyundai Motor Group in 2019. The Hyundai Motor Group is expected to replace several CEOs in the automotive, construction, engineering and other departments. (Jiemian News)
SK Hynix is Considering Introducing ASML High NA EUV Equipment, Sources Say
According to sources, SK Hynix's Chief Technology Officer Seon-yong Cha stated that the company is considering introducing ASML's High NA EUV lithography equipment, which costs 400 million US dollars, to produce the next-generation memory chips. (Caixin)
The UK government announces that it will pass legislation to ban new coal mining
On November 14 local time, the UK Prime Minister's Office stated that the UK will pass legislation as soon as possible to restrict the issuance of new coal mining licenses and prohibit new coal mining projects. This measure is part of the UK's efforts to promote energy transformation and reduce carbon emissions, aiming to address climate change and help keep the global temperature increase within 1.5°C. This year, the UK closed its last coal-fired power station. The UK Energy Minister said that coal mining has provided energy for the UK for more than 140 years, but it is time to welcome the arrival of the clean energy era. (CCTV News)
Gundam Model Kits to Increase in Price, the First Price Hike Since Production Began in 1969
According to the Nikkei Chinese website, on November 13, BANDAI SPIRITS, a subsidiary of Bandai Namco Holdings, announced that it will increase the suggested retail price of plastic model kits from April 2025. This is the first price increase since production began in 1969. Including the plastic model kits of the popular anime "Mobile Suit Gundam", a total of 71 products will increase in price by approximately 3% - 43%. More products will increase in price after 2025. (Jiemian News)
Syngenta's seed business reaches cooperation with McDonald's and Lopez Foods in North America
On November 14, Syngenta Group announced that its seed business has reached a cooperation with McDonald's and its supplier Lopez Foods in North America, aiming to improve feed efficiency and reduce greenhouse gas emissions during beef production. (Jiemian News)
Buffett's Latest Portfolio: Building Position in Domino's Pizza, Reducing Holdings in Apple
The filings submitted by Warren Buffett's Berkshire Hathaway on November 14 local time show that the company made new investments in Domino's Pizza and Pool Corp in the third quarter, while reducing holdings in Apple and Bank of America, etc. As of September 30, Berkshire Hathaway holds 1.28 million shares of Domino's Pizza and 400,000 shares of Pool Corp. (Jiemian News)
Ford Fined $165 Million by the US for Failing to Recall Problem Vehicles in a Timely Manner
On November 14 local time, the National Highway Traffic Safety Administration of the United States stated on the same day that Ford Motor has agreed to accept a civil fine of $165 million. Previously, the US government investigation found that the automaker failed to recall vehicles with rearview camera defects in a timely manner. It is understood that Ford needs to pay $65 million in cash, invest $45 million in advanced data analysis, new testing facilities, and other projects, and another $55 million will be suspended for payment if Ford complies with the agreement. (CCTV News)
Airbus CEO: SpaceX would not pass the antitrust test in Europe
The CEO of aerospace group Airbus, Guillaume Faury, said on November 14 that if Elon Musk's rocket-to-satellite project SpaceX had to operate in Europe, it would raise antitrust concerns. "It is very concentrated, while in European projects we are very decentralized and distributed," said Airbus CEO Guillaume Faury. "So it is the launcher, the satellite, the manufacturing, the operation of the constellation. He stated at an aviation event in Frankfurt: "This is a highly concentrated model, and in fact, in Europe, due to antitrust rules, we are not allowed to consider this model." (Sina Finance)
Samsung Electronics Says It Has Reached a Preliminary Wage Agreement with the Union
Samsung Electronics said on November 14 that it has reached a preliminary agreement with the major workers' union in South Korea to increase wages by 5.1%. Samsung Electronics stated that union members will start a one-week voting on the agreement from November 14, which includes more holidays, reward points that can be used to purchase Samsung electronic products, and other benefits. (Jiemian News)
The Forefront of AI
Haitong Securities: Huawei Embodied Intelligence Center Starts Operation, OPENAI Agent to Be Released in January Next Year
36Kr learned that Haitong Securities released a research report stating that the embodied intelligence and humanoid robot industries are ushering in a golden period of development. Policy support and technological breakthroughs are driving the rapid expansion of the market. Technology giants such as Huawei and XPeng are actively laying out embodied intelligence and robot technologies, driving the deepening of industry applications. At the same time, OpenAI plans to launch an agent with computer control capabilities, laying the foundation for the further application of embodied intelligence. It is recommended to pay attention to the core technology enterprises in the embodied intelligence and humanoid robot industry chain, especially the leading enterprises with R & D strength and scene landing capabilities.
Tencent ima.copilot Releases Windows Version
36Kr has learned that, less than a month after the launch of the Mac version, Tencent's ima.copilot (abbreviated as ima) has officially launched the Windows version. ima is an AI intelligent workbench with a knowledge base as the core for learning and office scenarios, and is an efficiency tool that integrates searching, reading, and writing. This product is technically supported by Tencent Hunyuan Large Model. Different from general AI applications, ima has two data sources, one is the entire network information source library, and the other is the user's personal knowledge base.
Big Company Financial Reports
Lenovo Group: Revenue in the second fiscal quarter reached 127.9 billion yuan, with a year-on-year growth of nearly 24%
36Kr learned that Lenovo Group announced its second fiscal quarter results for the 2024/25 fiscal year ending September 30, 2024. The financial report shows that Lenovo Group's revenue in this quarter was 127.9 billion yuan, with a year-on-year growth of nearly 24%; according to non-Hong Kong financial reporting standards, the net profit was nearly 2.9 billion yuan, with a year-on-year growth of 48%; the revenue of businesses other than PCs accounted for nearly 46%.
Cool Products
GAC's independent brand will launch 7 new vehicles next year, covering pure electric, extended-range, and plug-in hybrid models
36Kr has learned that at the 2024 Guangzhou Auto Show, Feng Xingya, the general manager of GAC Group, announced that in the next three years, GAC's independent brand will intensively launch 22 new vehicle models. Among them, 7 models will be listed in 2025, fully covering all mainstream new energy power forms such as pure electric, extended-range, and plug-in. GAC Trumpchi will cooperate deeply with Huawei to launch three new series of SUV, MPV, and sedan models, all equipped with Huawei's advanced intelligent driving; the main models of Aion and Hyper will be fully equipped with GAC's extended-range technology.
Ledo Auto Makes Its Debut at Guangzhou International Auto Show
36Kr learned that Ledo Auto makes its debut at the Guangzhou International Auto Show and releases the L60 vehicle-mounted large freezer, priced at 2,880 yuan. Meanwhile, Ledo L60 starts the push of the 1.0.5 OTA version on November 15, and a new OTA version will also be pushed at the end of the year.
Li Xiang Auto: The OTA 6.5 Version In-Vehicle Infotainment System Will Be Officially Rolled Out at the End of November
36Kr has learned that Li Xiang Auto showcased the Li Xiang L series and Li Xiang MEGA at the 2024 Guangzhou International Automobile Exhibition and held the 2024 Guangzhou International Auto Show Intelligent Conference. Li Xiang Auto announced the latest progress of its new-generation intelligent driving technology architecture - the end-to-end + VLM dual-system, and declared that the OTA 6.5 version in-vehicle infotainment system will be officially rolled out at the end of November, with new functions such as parking space-to-parking space intelligent driving, R-MAI rearward misacceleration inhibition, R-AEB rearward automatic emergency braking, and in-hand in-vehicle infotainment.
Big Events of Kr
The "Big Events of Kr" short-video column vividly interprets major events in the business world. The average wages of 31 provinces in China in 2023 have been announced, and these three industries have the highest incomes!
Is the "Haimati" photo being banned by the postgraduate entrance examination site just a problem of excessive retouching?
Compiled by |Hao Yuqi