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China Ruyi (00136.HK): Beijing Ruyi plans to acquire 100% of Beijing Youai Mutual Entertainment Technology's shares for 259 million yuan
Gelonghui, May 7, 丨 China Ruyi (00136.HK) announced that on May 7, 2024, Beijing Ruyi (the company's controlled structural entity) and the seller entered into an equity transfer agreement. According to this, the seller (Beijing Chaoxi Guangnian Information Technology Co., Ltd., Beijing Youyi Technology Co., Ltd.) conditionally agreed to acquire sales shares equivalent to 100% of the target company Beijing Youai Mutual Entertainment Technology Co., Ltd., at a cost of RMB 259 million (subject to adjustment). After the equity transfer is completed, the target company will become an indirect wholly-owned subsidiary of the company, and the target company's financial business
Buck the trend and buy mines! Ganfeng Lithium added 2.5 billion yuan to “finger” African lithium mines
① Ganfeng Lithium announced that the subsidiary plans to acquire the remaining 40% of Mali Lithium's shares for 340 million US dollars (about 2.5 billion yuan); ② This transaction will help the company obtain the right to operate and manage the Goulamina spodumene mine project. According to calculations, the company will invest a total of about 4 billion yuan to win 100% of Mali Lithium's shares.
Within two days, the three cities made a statement to push driverless cars to launch intelligent connected vehicles in many places to “run” throughout the city
Local governments are taking action to let more “smart cars” drive on the “smart road.” On May 7, the Shenzhen Municipal Transportation Bureau officially released the “Shenzhen Intelligent Connected Vehicle Road Test and Demonstration Application Sixth Batch Open Road Catalogue”. A total of 43 roads were opened this time, with a total mileage of about 106.01 kilometers.
“Catfish” is really here! BYD Financial Insurance has been approved to use unified national traffic insurance policies and rate coefficients. Can it stir up the NEV insurance market?
① On the morning of May 6, the official website of the State Administration of Finance issued an approval, agreeing that BYD Financial Insurance will use nationally unified Jiaotong Insurance terms, basic insurance premium rates, and corresponding rate fluctuation factors in some regions. ② On May 3, BYD set up an insurance service portal in the official app. ③ New energy vehicle insurance faces the problems of high insurance, high compensation, and profit difficulties, which is the reason why many car companies are currently “passively” entering the financial insurance market.
In April, these listed companies were “broken through the threshold”! Drone concept stocks were surveyed by a group of institutions. A list of individual stocks with the highest number of visits received by the agency
① Sort through the list of listed companies that received more than 400 institutional visits in April (with photos). Lanqi Technology, Huaming Equipment, and Tianfu Communications ranked in the top three; ② Huazuan Testing and Hikvision, which are under the same drone concept, are all “famous on the list”.
BYD, big announcement!
During the May 1st holiday, the NEV market is booming.
Under multiple pressures, the performance of new car builders in April was very different: ideally to respond with price cuts, NIO surged year-on-year
① Ideal completed the delivery of 25,787 vehicles in April, a slight increase of 0.4% year-on-year and a decrease of 11.03% month-on-month. ② NIO Auto delivered 15,620 vehicles in April, up 134.6% year on year. Since the beginning of April, NIO Auto's price reduction strategy has been showing results. ③ Zero Sports delivered 1,5005 vehicles in April, a year-on-year increase of 71.96%.
Tram delivery “Super Smash” in April: NIO is booming, Xiaopeng is left behind, and the Xiaomi SU7 delivered over 7,000 vehicles in the first month
On the first day of the May 1st holiday, domestic electric vehicle companies' delivery reports were released one after another!
Prodelight --- ICT-Link SIP terminal “Yealink” sales partner case study released
Prodelight ＜5580＞ revealed ICT-Link's Yealink introduction and sales partner case study on the 30th. The company provides the cloud telephone system “INNOVERA,” and is taking on the challenge of developing innovative systems. Yealink is a global IP communication equipment manufacturer that focuses on the IP communication area and makes use of high quality, high flexibility, wide compatibility, and speedy specialized technical support. ICT-Link is a good friend
Robot leaders did not increase revenue, did not increase profits, and market competition intensified Eston's losses for the second consecutive quarter
① Eston's 2023 and 2024 Q1 continued to experience no increase in revenue and profit, and last year's Q4 and this year's Q1 also experienced the first loss of non-net profit deduction since listing. ② The company explained that competition in the industry market intensified, and the company expanded to undertake intelligent production line business, resulting in a certain decline in gross margin. ③ In terms of business development, the company is speeding up the deployment of segments such as photovoltaics, power batteries, energy storage, and new energy vehicles.
Express News | Dongfangtong: Termination of 100% equity transfer of subsidiary Taize Technology
Express News | BYD's Q1 net profit was 4.569 billion yuan, up 10.62% year-on-year
The automotive sector is once again strengthening, and the joint efforts of the central government, local authorities, and enterprises are expected to drive an increase of 1 to 2 million new cars
Combined with factors such as the intense hosting of the Beijing Auto Show and the successive introduction of “trade-in” policies and rules by local authorities and companies, the market closed on April 29, and related sectors, including complete vehicles, car dismantling, and auto parts, once again strengthened collectively. Among them, stimulated by the continuous introduction of local automobile consumption policies, Hong Kong stocks such as Zero Run, NIO, and Ideal generally rose; among A-shares, Zotye Auto had the highest increase, reaching 6.67%, and at one point it was close to a standstill in the intraday period.
Why Tesla Rival BYD Charges Up To 3x More For EVs In Europe While China Prices Remain Shockingly Low
While fears of a Chinese EV invasion grip the United States, a surprising trend has emerged: China's top electric vehicle maker, BYD Co. (OTC:BYDDY) (OTC:BYDDF), isn't flooding Europe with bargain-basement cars. Instead, it's charging significantly higher prices compared to their home market, raking in hefty profits.
Counting down to 2 days, industry leaders gathered at the Chongqing Battery Show “Ning Wang” to earn 10 billion dollars in Q1, and Tianqi Lithium is expected to lose 4 billion dollars in the lithium battery industry. Who is working for whom now? |Chongqin
① Under the “volume increase and price reduction” market, the Q1 performance of lithium battery industry chain companies was divided, and the future development trend of the battery industry attracted market attention. Coinciding with this, CIBF 2024 will be held in Chongqing from April 27 to 29; ② New technologies such as solid-state batteries have become a hot topic in the market. The Co-CEO of Zhiji Auto said that the first generation of Lightyear solid-state batteries will actually be mass-produced within this year.
Warren Buffet-Backed BYD Takes On Luxury EV Market With New Premium Sedan, Posing Direct Challenge For Mercedes-Benz
Chinese EV giant, BYD (OTC:BYDDF) (OTC:BYDDY), backed by Warren Buffett's Berkshire Hathaway, is set to make a bold move in the luxury EV market with the unveiling of its premium brand's first sedan at the Beijing auto show, posing a direct challenge to luxury automakers such as Mercedes-Benz.
Sales of Huawei phones increased by nearly 70% in the first quarter, institutions predict a moderate recovery in the mobile phone market
According to Counterpoint's mobile phone sales report data, smartphone sales in China increased 1.5% year on year in the first quarter of 2024, achieving positive year-on-year growth for the second consecutive quarter. Huawei stood out from all mobile phone brand manufacturers in the first quarter, with a year-on-year increase of 69.7%.
Everweft Lithium Energy Q1 revenue and net profit double drop, energy storage battery shipments exceed power batteries|Financial Report Interpretation
① Everweft Lithium Energy's net profit for the first quarter of this year was 1,066 billion yuan, down 6.49% year on year; ② The company's energy storage battery shipments doubled year on year, surpassing power batteries.
Assembly business expands Lansi Technology: introducing more new projects this year to increase product value | Direct performance meeting
① The smartphone and computer business increased. Lansi Technology's Q1 revenue and net profit this year increased by 57.52% and 379.02%, respectively. ② It is expected that the assembly business will continue to develop new customers and categories this year to maintain the growth of this business. The peak order season for the industry will look forward to the second half of the year.
Commercial banks have finally followed the new car loan regulations. CMB, Ping An, and WeZhong are supporting Tesla's “0 down payment” car purchase plan. Why is it so low-key?
Following auto finance companies, commercial banks are also following up and implementing new car loan regulations.