Five major platforms suddenly stopped Internet deposits, Guangdong’s first personal bankruptcy case, Baidu plans to build a car

Today’s Topics in Guirongyi News

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Following Alipay’s removal of bank Internet deposit products two days ago, including Tencent Financial Management and JD Finance , Duxiaoman Finance, Ctrip Finance, Lufax and other platforms have followed suit and removed Internet deposit products. Although there are still some platforms that still sell Internet deposit products, industry insiders believe that it is only a matter of time before larger-scale delistings will come. The recent speech by Sun Tianqi, director of the Financial Stability Bureau of the Central Bank, is considered to be the main reason for the removal of Internet deposits. On the 15th, Sun Tianqi "named" deposits on third-party Internet platforms, emphasizing that Internet financial platforms carrying out such financial businesses are illegal financial activities of "driving without a license" and should also be included in the scope of financial supervision. This "wave of delisting" has triggered discussions from all parties. Many users are still worried about the future trends of the products they already own. Some netizens believe that regulatory authorities have implemented risk control in a timely manner. Industry insiders are more worried about the subsequent regulatory policies and whether the policies will require "one size fits all" for this type of products. How to balance the benefits and risks that Internet products bring to small and medium-sized banks is believed to be the focus of this regulation.

In the first "personal debt liquidation" case in Guangdong Province, the company of Wang Mouhui and Xiao Moucui collapsed due to poor management, and the couple owed nearly 6 million yuan in debt to the bank due to guarantees. In view of the integrity of the two people who actively cooperated with the execution and truthfully declared their property, the Dongguan First Court included them in the first batch of personal debt centralized liquidation pilots and determined the debt restructuring plan as follows: the person subject to execution cooperates with the court to dispose of the property under his name, and the proceeds are in accordance with the statutory Distribute sequentially; retain 3,000 yuan for monthly living expenses, and use the remaining income for debt repayment; determine a 10-year bankruptcy protection period, during which all regulations will be complied with, and debts will be exempted and rights restored upon expiration.

Following the news that Huawei may cooperate with Changan and CATL in some form, Baidu has also been closely associated with the word "car making".

First of all, the future of autonomous driving is still difficult to predict.

In Lu Qi’s era, driverless driving is undoubtedly Baidu’s “highlight”. Over the past few years, despite various rumors, Baidu has still achieved a lot in this regard.

Second, can new energy vehicles become Baidu’s new engine?

By entering the field of new energy vehicle manufacturing, can Baidu get a share of the pie and catch up with the Internet “powerful powers”? ?Not very realistic.

Third, judging from the current situation, it is a bit late to enter the game and build cars.

Building cars and new energy vehicles is a good idea. However, Huawei does not dare to directly enter the field of car manufacturing, but only wants to be a "supplier". The prospect of Baidu's entry is also very unpredictable.

Quarongyi Information: Technology, Capital and Economic Trends

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Recently, the U.S. Department of Commerce officially issued an announcement stating that in order to "protect the U.S. national On the grounds of "security", a total of 77 entities were included in the "Entity List". The vast majority of them are Chinese companies, including Semiconductor Manufacturing International Corporation, DJI, China State Shipbuilding Corporation and other companies. The "entity list" also includes five domestic universities: Beijing Institute of Technology, Beijing University of Posts and Telecommunications, Nanjing University of Aeronautics and Astronautics, Nanjing University of Science and Technology, and Tianjin University. According to Reuters, this move is considered to be Trump's attempt to consolidate the "legacy" left by his tough policy toward China before he leaves office as president of the United States. In response, DJI said it was disappointed with the decision, but its drone products can still be sold in the United States. After SMIC's assessment, it is believed that this matter will have no significant adverse impact on the company's short-term operations and financial conditions, but will have a significant adverse impact on the research and development and production capacity construction of advanced processes of 10nm and below. The company will continue to communicate with relevant U.S. government departments, actively seek solutions, and strive to minimize the adverse impact.

Recently, China Car Rental announced that the sale of the company’s equity by China UCAR has been completed. This also means that the once most valuable asset of the China Department has nothing to do with Lu Zhengyao. China Car Rental has truly realized the "de-Lu Zhengyaoization".

China Car Rental fell into the position of "selling out", which was the reason for Luckin's thunder. In fact, China Car Rental's stock price continues to decline. Under the influence of the epidemic, Chinese people's travel demand has plummeted, and China Car Rental's performance in 2020 has been very dismal. It is understood that Lu Zhengyao has always preferred an asset-heavy model in capital operations. This is true for his three major listed and listed companies, Luckin Coffee, China Car Rental, and China UCAR. The asset-heavy model brings huge financial pressure, but "burning money" is difficult to reverse the decline in performance. There may be no money to burn in the future, which may also lead to China Car Rental having to become an "abandoned child" to a certain extent. Related transactions between Chinese companies are very frequent, which allows each company in the chain to develop rapidly after its establishment. But the fatal thing is that once a problem occurs in one internal link, it can easily affect the entire ecology. At present, the business empire built by Lu Zhengyao is crumbling. The Shenzhou system, which played with capital, was eventually counterattacked by capital.

On the afternoon of December 20, 8 representative companies officially settled in the China Sound Valley·Economic Xinchuang Industrial Park on the Pearl River Road in Hefei Economic Development Zone, including the Artificial Olfaction of Fudan Hefei Advanced Technology Research Institute Sensor project. Relevant departments of the Hefei Economic Development Zone introduced that this is another result of the cooperation between the zone and well-known domestic universities. The area of ??focus is microelectronics, Fudan University’s dominant discipline. In the future, they will cooperate to build an advanced materials and micro-nano sensing laboratory, based on artificial intelligence sensing. Technology, conduct research in related fields in production and life, such as using artificial intelligence olfactory technology to detect abnormal smells and pollutant gases in urban air.

On the 20th, the Shenzhen National Center for Applied Mathematics was officially unveiled. The center is one of the first thirteen national applied mathematics centers and the first national mathematics center in Shenzhen. In the future, the center will carry out large-scale computing and rapid algorithm research by focusing on four core directions: network information, precision medicine, scientific and engineering calculation and design software, financial technology and digital economy, and cooperate with Huawei, Tencent, Mindray, BGI and other enterprises Cooperate to provide technical solutions to solve the bottleneck problem and help Shenzhen's economic development.

Shi Dinghuan, Chairman of the Organizing Committee of the 2020 World Internet of Things Conference and former Secretary-General of the Ministry of Science and Technology, introduced in his keynote report that the current global output value of the Internet of Things is about 15 trillion US dollars, and its average annual growth rate is close to 23. It is expected that this growth rate will reach 30 after 2021, and by 2025, the global IoT output value will reach 30 trillion US dollars. He introduced that China is the country with the most application practices and innovative development of the Internet of Things, and China accounts for about 1/4 of the global Internet of Things output value; one of the main reasons is that China has completed more than 700,000 5G base stations, and the annual output value this year is expected to exceed 2 trillion yuan.

December 19 News According to the Bloomberg Billionaires Index, Tesla’s stock price rose late on Friday, boosting Elon Musk’s net worth by nearly $9 billion. Reaching US$167.3 billion. It also signals a $139.7 billion increase in Musk's wealth this 12 months.

Multiple sources said that SoftBank will submit an initial public offering application for its first special purpose acquisition company on Monday to raise US$500 million to US$600 million. SPAC is a shell company with no specific business. It will be listed in the form of IPO. The listing costs are borne by investors. Its sole purpose is to acquire promising unlisted companies so that the acquired companies can quickly go public. Goldman Sachs and Citigroup are responsible for the listing of SoftBank's SPAC, which will be used to acquire a company that SoftBank has never invested in. SoftBank is said to be preparing at least two other SPACs.

The following are today’s equity financing events compiled for you by Querongyi Information

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News on December 21, Suzhou Sutong Semiconductor Technology Co., Ltd. The company (referred to as "Sutong Semiconductor") announced the completion of a Series A financing of more than 150 million yuan, led by Junhai Chuangxin, followed by funds such as Yuanhe Holdings, and Hubei Xiaomi Yangtze River Industry Fund and Yaotu Capital continued to invest.

After the completion of this round of financing, Sutong Semiconductor will expand its product line layout, recruit a world-class R&D team, and accelerate the design and launch of Wi-Fi with leading performance

Sutong Semiconductor is a company headquartered in Suzhou Industrial Park Wireless chip design company, established in July 2018, currently has R&D facilities in Shanghai, Seoul, South Korea, and Silicon Valley in the United States. The core team has successfully developed and mass-produced dozens of Wi-Fi, Bluetooth, and cellular 4G models around the world. /LTE wireless SoC chip. As a high-tech enterprise of the new generation of information technology, the company and its R&D personnel have won honors such as the 2020 Jiangsu Province Mass Entrepreneurship Talent Enterprise, the 2020 Suzhou Leading Talent Enterprise, the 2019 Suzhou Industrial Park Leading Talent Enterprise, and the 2019 Jinji Lake Craftsman Leading Enterprise. The team has extensive experience in participating in Wi-Fi 6 standardization and has been continuously following up on future technologies applied to Wi-Fi 7.

On December 21, Aite Community Hotel announced that it has received strategic investment from Youxi Movie Hotel. It is reported that the two parties will carry out in-depth cooperation in user and member operations, IP hotel research and development, and hotel Internet transformation in the future.

Aite Social Hotel is strategically supported by two major listed companies, Tongcheng Elong and Dream Lily. Tongcheng Elong has strong online traffic and leading hotel smart technology, and Dream Lily’s top zero-pressure sleep products are Aite Social Hotel. Hotel Group brings a deeper user experience from online technology to offline scenarios. In terms of user operations, we create a circle culture and a new community economy for guests, and are committed to becoming a new concept community hotel brand with a light luxury life experience.

On December 21, it was reported that Guangzhou Ruipai Medical Co., Ltd., a disposable endoscope manufacturer, completed nearly 100 million yuan in Series A financing. This round of financing was led by Eight Roads Capital, with participation from original shareholder Yuanhe Yuandian. The financing funds will be used to further consolidate and expand product research and development pipelines, accelerate the advancement of automated production lines, and expand the brand's market investment.

Founded in 2015, Ruipai Medical is a global supplier focusing on providing overall solutions for disposable endoscopic minimally invasive surgeries. Its product development plans cover urology, gynecology, otolaryngology, and respiratory surgery. Department of Medicine, General Surgery, etc. Its team's layout in the field of disposable endoscopes began as early as 2010. It is the first company in the country to obtain the third-class registration certificate for disposable electronic bladder endoscopes. It is also the company that currently holds the third-class registration certificate in the field of disposable endoscopes. The enterprise with the most registration certificates.

According to news on December 21, family education platform Huiyi said it had completed a new round of financing of several million yuan, with the investor being Blue Elephant Capital. Ke Xiaocheng, founder of Huggies.com, said that this round of financing will be invested in content research and development, technology research and development, product system expansion and platform efficiency upgrade.

Huihuishuo was established in June 2019. Based on family education and life scenarios, it provides comprehensive education services such as content products, communities, and online education around the growth of the mother group. Currently, the platform has more than 200,000 users, more than 40,000 paid annual members, and the community service network covers hundreds of cities. At the product level, Huggies focuses on the parenting method of intensive reading of picture books, and provides three levels of services around parent-child reading scenarios, namely exclusive book boxes, picture book supporting parenting content, and picture book parenting online courses.

According to news on December 20, recently, Pinle Wine Serving Culture (Beijing) Co., Ltd. (referred to as "Pingle Serving Wine") completed tens of millions of yuan in Series A financing, funded by Midas Capital. ), female entrepreneur and investor Zhao Yingyu invested. It is reported that this financing will be mainly used for the development of IP wines and supply chain construction in cooperation with the company's upstream partners, Japan's top 100 century-old wineries; the research and development of tipsy wines suitable for young people; the construction of digital infrastructure; and the development of products focusing on target users. Brand promotion and human resources development.

Founded in 2013, Pinle Wine Serving has built a trinity of competition barriers in the food and beverage industry of "digital media, e-commerce retail, and certification training." LVMH's MHD, Cartier, Michael Kors, Ping An of China, CMIG, McKinsey and other brands have established cooperative relationships with Pinot Wine.

Over the years, the company has participated in the operation of the world's authoritative wine list selection "China Wine List Awards", "China Young Sommelier Competition" and "China Sommelier Competition", and founded the first "China Sake Awards".

Luma Intelligent Technology (Shanghai) Co., Ltd., a digital transformation service provider in the hotel industry, announced that it has completed Series B financing. This round of financing was led by CPE, with participation from old shareholder Cloud Time Capital, Dianping founder Zhang Tao, and Zoom angel investors. The funds will be used for the development and implementation of hotel digital applications and related talent investment, focusing on promoting the research and development expansion of the "HIOS" hotel smart cloud platform, as well as the market promotion of hotel SaaS products.