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风雪腊梅
风雪腊梅
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2021-06-29
???
Tesla propelled CATL to the "center stage".
宁德时代最近成为新能源界的C位担当,一是因为董事长曾毓群暴涨的身价,二是因为和特斯拉的一纸电池合约。 6月28日,宁德时代发布公告称,公司已与特斯拉签订协议,将在2022年1月至2025年12月期间,
Tesla propelled CATL to the "center stage".
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风雪腊梅
风雪腊梅
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2021-06-15
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风雪腊梅
风雪腊梅
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2021-06-12
[666] [666] [666]
Tiger Brokers helped BOSS Zhipin list on Nasdaq, which opened 75% higher on its first day of trading.
北京时间6月12日,BOSS直聘登陆纳斯达克,首日开涨75%。 老虎证券作为互联网承销商,与高盛、摩根士丹利、UBS、华兴、海通等国际知名大行同列BOSS直聘招股书封面,展现出老虎证券作为头部互联网科
Tiger Brokers helped BOSS Zhipin list on Nasdaq, which opened 75% higher on its first day of trading.
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风雪腊梅
风雪腊梅
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2021-06-12
[666] [666] [666]
Tiger Brokers helped BOSS Zhipin list on Nasdaq, which opened 75% higher on its first day of trading.
北京时间6月12日,BOSS直聘登陆纳斯达克,首日开涨75%。 老虎证券作为互联网承销商,与高盛、摩根士丹利、UBS、华兴、海通等国际知名大行同列BOSS直聘招股书封面,展现出老虎证券作为头部互联网科
Tiger Brokers helped BOSS Zhipin list on Nasdaq, which opened 75% higher on its first day of trading.
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风雪腊梅
风雪腊梅
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2021-05-25
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风雪腊梅
风雪腊梅
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2021-05-25
???
Why was Nio "abandoned" after announcing a breakup on May 20th?
携手多年,蔚来与传统车企的两段“恋情”均无疾而终。 5月20日,这一天因谐音被年轻人视作另一个情人节。长安汽车却在这一天发布了一则“分手”公告,其控股子公司“长安蔚来”正式更名为阿维塔科技。阿维塔科技
Why was Nio "abandoned" after announcing a breakup on May 20th?
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风雪腊梅
风雪腊梅
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2021-05-25
???
Goldman Sachs raises its target price for CSPC Pharmaceutical (01093.HK) to HK$13.5 with a "Buy" rating.
高盛发表报告,将石药集团 2021至2023年各年净利润预测分别上调7.6%、4.2%、5.9%,以分类加总估值法计,将目标价由12.5元提高至13.5元,评级「买入」,包括创新药估值由1,110亿元下调至859亿元,以反映新药降价的影响,不过仿制药估值就由240亿元上调至520亿元,因随着更多新的非专利药通过带量采购获得市场份额,令相关业务增长前景将得到改善。而考虑到疫情期间价格上涨,原料药估值由140亿元上调至230亿元。
Goldman Sachs raises its target price for CSPC Pharmaceutical (01093.HK) to HK$13.5 with a "Buy" rating.
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风雪腊梅
风雪腊梅
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2021-05-25
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风雪腊梅
风雪腊梅
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2021-05-25
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风雪腊梅
风雪腊梅
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2021-05-25
???
New Hope Services has a 50.01% success rate in winning a single lot; every 10 lots subscribed is guaranteed to win one lot.
5月24日,$新希望服务$发布公告,发售价已按每股发售股份3.80港元厘定,预期股份将于2021年5月25日上午九时正开始在联交所买卖,股份将以每手1,000股股份为单位进行买卖。一手中签率50.01%,认购10手稳中一手。香港公开发售的发售股份最终数目为2000万股,相当于任何超额配股权获行使前根据全球发售初步可供认购发售股份总数的10.0%。截至本公告日期,超额配股权尚未获行使。
New Hope Services has a 50.01% success rate in winning a single lot; every 10 lots subscribed is guaranteed to win one lot.
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20:55","market":"us","language":"zh","title":"Tesla propelled CATL to the \"center stage\".","url":"https://stock-news.laohu8.com/highlight/detail?id=2147863759","media":"华尔街见闻","summary":"宁德时代最近成为新能源界的C位担当,一是因为董事长曾毓群暴涨的身价,二是因为和特斯拉的一纸电池合约。\n6月28日,宁德时代发布公告称,公司已与特斯拉签订协议,将在2022年1月至2025年12月期间,","content":"<p><a href=\"https://laohu8.com/S/300750\">CATL</a>He has recently become a central figure in the new energy industry, firstly because of the skyrocketing net worth of Chairman Zeng Yuqun, and secondly because of his...<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>A battery contract.</p><p>On June 28, CATL issued an announcement stating that it has signed an agreement with Tesla to supply lithium-ion power battery products to Tesla from January 2022 to December 2025, which is the next four years. Tesla determines the specific procurement details through orders, and the final sales amount is subject to the actual settlement of the purchase order issued by Tesla.</p><p>In the future, Tesla's Model 3, Model Y, and other models will use battery packs from CATL.</p><p><img src=\"https://static.tigerbbs.com/a713164f29f737032b723520c810364e\" tg-width=\"600\" tg-height=\"427\" referrerpolicy=\"no-referrer\"></p><p>Affected by this news, CATL's stock price hit a new high on June 29, reaching 519.60 yuan per share during trading, with its total market capitalization exceeding 1.2 trillion yuan. At the close of trading, CATL's stock price closed at 508.51 yuan per share, up 2.96%. It became the first technology stock in the A-share market to enter the trillion-yuan club.</p><p>It is worth mentioning that since last year, CATL's stock price has skyrocketed, with its total market capitalization rising from 0.23 trillion yuan to 1.18 trillion yuan, an increase of more than four times.</p><p>On June 29,<a href=\"https://laohu8.com/S/601995\">CICC</a>The evaluation of this cooperation stated that CATL's agreement with Tesla this time is stronger than the previous one. Considering that downstream demand exceeded expectations, CATL has raised its profit forecast and increased its target price by 9% to RMB 600. CICC also raised its profit forecasts for CATL for 2021-2023 by 10%, 25% and 8%, to RMB 11 billion, RMB 20 billion and RMB 26.7 billion respectively.</p><p><a href=\"https://laohu8.com/S/601555\">Dongwu Securities</a>A recent research report maintains a buy rating on CATL with a target price of 607.5 yuan. The reasons for its rating include: the strategic cooperation agreement with automakers is tied to battery production capacity, which can solve battery supply bottlenecks and ensure that production capacity is not limited.</p><p>In addition, CICC analysts Zeng Tao and others pointed out in their report that the agreement did not specify the Chinese market, which means that CATL will take the opportunity of cooperating with Tesla's global market supply to accelerate the global expansion of its products. Boosted by global demand, CATL's global market share is expected to reach more than 30% in the long term.</p><p>This is another handshake between two leading companies. For CATL, which has already reached a trillion-yuan market capitalization, its deep ties with its largest customer, Tesla, are not only related to the battery installation capacity brought by that customer, but also an important ticket to breaking into the overseas power battery market.</p><p><h2><b>secondary</b><b>\"Holding hands\"</b></h2>It is reported that in 2018, when Musk signed the agreement to establish Tesla's Shanghai factory, he secretly met with Zeng Yuqun, chairman of CATL, but the two sides did not reach a substantive agreement.</p><p>At the “2019 World Artificial Intelligence Conference”, the two met again and finalized their cooperation intentions in just over 40 minutes.</p><p>In February 2020, a contract brought two leading companies in the new car and power battery industries together. At that time, CATL signed a \"Production Pricing Agreement (China)\" with Tesla, intending to supply lithium-ion power battery products to Tesla from July 2020 to June 2022.</p><p>Under this contract, CATL will supply batteries for Tesla's Model 3 produced in Shanghai. Following Tesla's launch of the Model Y in early 2021, the scope of cooperation between the two parties is expected to further expand.</p><p>On June 25 this year, based on this Agreement, the two parties signed the aforementioned cooperation framework Agreement, the \"Production Pricing Agreement\". The agreement stipulates that CATL plans to supply Tesla with lithium-ion power battery products over the next four years. Some analysts believe that the difference between the two cooperation framework agreements lies in the removal of \"China,\" indicating that this supply agreement will cover the world.</p><p>The further deepening of cooperation between the two sides was actually foreshadowed long ago.</p><p>On June 3, Reuters, citing sources familiar with the matter, reported that CATL plans to build a large-scale power battery plant in Shanghai to supply half of Tesla's batteries for electric vehicles and rooftop energy storage worldwide.</p><p>Rumors suggest that the Shanghai factory will have an annual production capacity of 80GWh, while CATL's current capacity is 69.1GWh, with 77.5GWh under construction.</p><p>In addition, the recent \"blunder\" incident at CATL is also related to Tesla. Recently, someone claiming to be a CATL employee revealed that CATL is forcing manager-level employees to purchase Tesla Model 3s. Some employees claimed that the company's promotional activity for purchasing Teslas is to clear out Tesla inventory with \"problematic batteries\".</p><p>CATL stated that there were no quality issues and that there was no forced purchase. \"Regarding employee purchases of Teslas, the company is encouraging employees to buy electric vehicles at preferential prices in order to promote full electrification. There is no mandatory requirement, nor is it limited to Tesla, including most of the brands it supplies. It is stated that this program has been going on for three years, and last year it was during the National Day holiday.\"</p><p><h2><b>\"Binding\" deepens</b></h2>Regardless of the error, the relationship between Tesla and CATL is becoming even stronger.</p><p>CATL's Q1 2021 financial report shows that sales to the company's top five customers accounted for 41.08% of the current accounts receivable, and the company's main customers are large domestic and foreign automakers. The 2020 annual report shows that the difference in sales to the company's third and fourth largest customers is not significant.</p><p><img src=\"https://static.tigerbbs.com/7b1d28e7bc0109ab77f6fbdfcfb26e8f\" tg-width=\"640\" tg-height=\"213\" referrerpolicy=\"no-referrer\"></p><p>According to Century Securities,<b>Calculated based on the installed capacity,</b><b>In 2020, Tesla was CATL's third largest customer, and by the first quarter of 2021, Tesla had jumped to become its largest customer.</b><img src=\"https://static.tigerbbs.com/71035fcd7b52b58275f0aaf4030589c9\" tg-width=\"640\" tg-height=\"232\" referrerpolicy=\"no-referrer\"></p><p>The deepening bond between the two parties is not only due to Tesla's rise to become the largest customer. More importantly, Tesla is one of the key tickets for CATL to break into the overseas power battery market.</p><p>Previously, Jiang Li, Vice General Manager and Board Secretary of CATL, stated that<b>The cooperation between CATL and Tesla is not limited to the domestic market. The new contract may mark the beginning of the two parties' power battery cooperation going global.</b></p><p>Public data shows that CATL has already ranked first in terms of installed power battery capacity. In 2020, the Ministry of Industry and Information Technology published a valid catalog of more than 6,800 new energy vehicle models, of which more than 3,400 were equipped with power batteries by CATL, accounting for the highest proportion among all power battery manufacturers.</p><p>CATL's advantage in the global power battery competition is also further expanding.</p><p>According to the latest data from South Korean industry Research firm SNE Research, global electric vehicle battery energy consumption reached 47.8 GWh in the first quarter of 2021, a year-on-year increase of 127%, with CATL's significant growth in the first quarter being the main driving force.</p><p>Data shows that in the first quarter, CATL's battery installations increased by 320.8% year-on-year to 15.1 GWh, and its market share expanded again from 25% for the whole of 2020 to 31.5%, while its biggest competitors, LG Chem and...<a href=\"https://laohu8.com/S/PC\">Panasonic</a>Panasonic's market share fell to 20.5% and 16.7% respectively, while Panasonic's market share dropped by nearly 10 percentage points within a year.</p><p>However, the higher you climb, the colder it gets, and CATL still needs to face many competitors at home and abroad.</p><p>Overseas, companies such as LG Chem are eyeing the market covetously; Domestically,<a href=\"https://laohu8.com/S/002594\">BYD</a>This has already posed a threat to CATL. In March of last year, BYD released a blade battery based on lithium iron phosphate material, and gradually opened it up to third-party automakers from its own use.</p><p>Therefore, deepening its ties with Tesla at this time may have some benefits for CATL, both in terms of installed power battery capacity and further enhancing its competitiveness in domestic and international markets.</p><p><h2><b>\"C position\"</b><b>Challenge</b></h2>Although Tesla's battery contract propelled CATL to the forefront, this trillion-dollar company already has a very solid position in the new energy field.</p><p>As a leading global power battery supplier, CATL not only supplies new car manufacturers such as Tesla, but also cooperates with traditional automakers such as Mercedes-Benz and Honda. Three new domestic car manufacturers have also chosen CATL's power batteries.</p><p>Han<a href=\"https://laohu8.com/S/600617\">Guoxin Energy</a>According to statistics from analyst firm SNE, CATL has ranked first in the global ranking of power battery installations for four consecutive years. In 2020, CATL's global installed capacity of power batteries was 34GWh, with a market share of nearly a quarter.</p><p>With the booming new energy sector, this behind-the-scenes giant has been coming to the forefront since last year, attracting capital attention. For example, clearance sale in 2020<a href=\"https://laohu8.com/S/NIO\">Nio</a>Subsequently, Hillhouse Capital turned its heavy investment in CATL, subscribing to a 10 billion yuan private placement.</p><p>CATL's soaring stock price has also attracted more attention from investors. On May 21, CATL also hosted a research visit of 54 people from 33 institutional investors, including large public funds, foreign institutions, and securities asset management firms. These institutional investors are mainly concerned about the development of solid-state batteries, the company's three strategic directions, and its layout in the photovoltaic field.</p><p>CATL is not the only company recognized by the outside world; its chairman, Zeng Yuqun, has also repeatedly ranked among the top on the Forbes rich list.</p><p>As of 11:30 a.m. on June 28, the Forbes Rich List showed that Zeng Yuqun, chairman of CATL, had a net worth of US$44.7 billion (approximately RMB 288.8 billion), ranking 30th globally. This is his first time entering the top 30 of the list.</p><p>In early May, Zeng Yuqun successfully became the richest man in Hong Kong. With a net worth of US$34.5 billion, he shook the list of Hong Kong's richest people, which had been dominated by the \"Li family\" for more than 20 years. His personal wealth once surpassed that of Lee Shau-kee (US$32.1 billion) and Li Ka-shing (US$34.4 billion).</p><p>At that time, Zeng Yuqun's ranking on the global rich list rose to 42nd, and now he has broken into the top 30.</p><p>Within a year, CATL has repeatedly gained popularity and attracted much attention in both the primary and secondary markets. As the first A-share listed technology company with a market capitalization of one trillion yuan, how long can CATL stand in the center position?</p>","source":"wallstreetcn_api","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla propelled CATL to the \"center stage\".</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla propelled CATL to the \"center stage\".\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-06-29 20:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/300750\">CATL</a>He has recently become a central figure in the new energy industry, firstly because of the skyrocketing net worth of Chairman Zeng Yuqun, and secondly because of his...<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>A battery contract.</p><p>On June 28, CATL issued an announcement stating that it has signed an agreement with Tesla to supply lithium-ion power battery products to Tesla from January 2022 to December 2025, which is the next four years. Tesla determines the specific procurement details through orders, and the final sales amount is subject to the actual settlement of the purchase order issued by Tesla.</p><p>In the future, Tesla's Model 3, Model Y, and other models will use battery packs from CATL.</p><p><img src=\"https://static.tigerbbs.com/a713164f29f737032b723520c810364e\" tg-width=\"600\" tg-height=\"427\" referrerpolicy=\"no-referrer\"></p><p>Affected by this news, CATL's stock price hit a new high on June 29, reaching 519.60 yuan per share during trading, with its total market capitalization exceeding 1.2 trillion yuan. At the close of trading, CATL's stock price closed at 508.51 yuan per share, up 2.96%. It became the first technology stock in the A-share market to enter the trillion-yuan club.</p><p>It is worth mentioning that since last year, CATL's stock price has skyrocketed, with its total market capitalization rising from 0.23 trillion yuan to 1.18 trillion yuan, an increase of more than four times.</p><p>On June 29,<a href=\"https://laohu8.com/S/601995\">CICC</a>The evaluation of this cooperation stated that CATL's agreement with Tesla this time is stronger than the previous one. Considering that downstream demand exceeded expectations, CATL has raised its profit forecast and increased its target price by 9% to RMB 600. CICC also raised its profit forecasts for CATL for 2021-2023 by 10%, 25% and 8%, to RMB 11 billion, RMB 20 billion and RMB 26.7 billion respectively.</p><p><a href=\"https://laohu8.com/S/601555\">Dongwu Securities</a>A recent research report maintains a buy rating on CATL with a target price of 607.5 yuan. The reasons for its rating include: the strategic cooperation agreement with automakers is tied to battery production capacity, which can solve battery supply bottlenecks and ensure that production capacity is not limited.</p><p>In addition, CICC analysts Zeng Tao and others pointed out in their report that the agreement did not specify the Chinese market, which means that CATL will take the opportunity of cooperating with Tesla's global market supply to accelerate the global expansion of its products. Boosted by global demand, CATL's global market share is expected to reach more than 30% in the long term.</p><p>This is another handshake between two leading companies. For CATL, which has already reached a trillion-yuan market capitalization, its deep ties with its largest customer, Tesla, are not only related to the battery installation capacity brought by that customer, but also an important ticket to breaking into the overseas power battery market.</p><p><h2><b>secondary</b><b>\"Holding hands\"</b></h2>It is reported that in 2018, when Musk signed the agreement to establish Tesla's Shanghai factory, he secretly met with Zeng Yuqun, chairman of CATL, but the two sides did not reach a substantive agreement.</p><p>At the “2019 World Artificial Intelligence Conference”, the two met again and finalized their cooperation intentions in just over 40 minutes.</p><p>In February 2020, a contract brought two leading companies in the new car and power battery industries together. At that time, CATL signed a \"Production Pricing Agreement (China)\" with Tesla, intending to supply lithium-ion power battery products to Tesla from July 2020 to June 2022.</p><p>Under this contract, CATL will supply batteries for Tesla's Model 3 produced in Shanghai. Following Tesla's launch of the Model Y in early 2021, the scope of cooperation between the two parties is expected to further expand.</p><p>On June 25 this year, based on this Agreement, the two parties signed the aforementioned cooperation framework Agreement, the \"Production Pricing Agreement\". The agreement stipulates that CATL plans to supply Tesla with lithium-ion power battery products over the next four years. Some analysts believe that the difference between the two cooperation framework agreements lies in the removal of \"China,\" indicating that this supply agreement will cover the world.</p><p>The further deepening of cooperation between the two sides was actually foreshadowed long ago.</p><p>On June 3, Reuters, citing sources familiar with the matter, reported that CATL plans to build a large-scale power battery plant in Shanghai to supply half of Tesla's batteries for electric vehicles and rooftop energy storage worldwide.</p><p>Rumors suggest that the Shanghai factory will have an annual production capacity of 80GWh, while CATL's current capacity is 69.1GWh, with 77.5GWh under construction.</p><p>In addition, the recent \"blunder\" incident at CATL is also related to Tesla. Recently, someone claiming to be a CATL employee revealed that CATL is forcing manager-level employees to purchase Tesla Model 3s. Some employees claimed that the company's promotional activity for purchasing Teslas is to clear out Tesla inventory with \"problematic batteries\".</p><p>CATL stated that there were no quality issues and that there was no forced purchase. \"Regarding employee purchases of Teslas, the company is encouraging employees to buy electric vehicles at preferential prices in order to promote full electrification. There is no mandatory requirement, nor is it limited to Tesla, including most of the brands it supplies. It is stated that this program has been going on for three years, and last year it was during the National Day holiday.\"</p><p><h2><b>\"Binding\" deepens</b></h2>Regardless of the error, the relationship between Tesla and CATL is becoming even stronger.</p><p>CATL's Q1 2021 financial report shows that sales to the company's top five customers accounted for 41.08% of the current accounts receivable, and the company's main customers are large domestic and foreign automakers. The 2020 annual report shows that the difference in sales to the company's third and fourth largest customers is not significant.</p><p><img src=\"https://static.tigerbbs.com/7b1d28e7bc0109ab77f6fbdfcfb26e8f\" tg-width=\"640\" tg-height=\"213\" referrerpolicy=\"no-referrer\"></p><p>According to Century Securities,<b>Calculated based on the installed capacity,</b><b>In 2020, Tesla was CATL's third largest customer, and by the first quarter of 2021, Tesla had jumped to become its largest customer.</b><img src=\"https://static.tigerbbs.com/71035fcd7b52b58275f0aaf4030589c9\" tg-width=\"640\" tg-height=\"232\" referrerpolicy=\"no-referrer\"></p><p>The deepening bond between the two parties is not only due to Tesla's rise to become the largest customer. More importantly, Tesla is one of the key tickets for CATL to break into the overseas power battery market.</p><p>Previously, Jiang Li, Vice General Manager and Board Secretary of CATL, stated that<b>The cooperation between CATL and Tesla is not limited to the domestic market. The new contract may mark the beginning of the two parties' power battery cooperation going global.</b></p><p>Public data shows that CATL has already ranked first in terms of installed power battery capacity. In 2020, the Ministry of Industry and Information Technology published a valid catalog of more than 6,800 new energy vehicle models, of which more than 3,400 were equipped with power batteries by CATL, accounting for the highest proportion among all power battery manufacturers.</p><p>CATL's advantage in the global power battery competition is also further expanding.</p><p>According to the latest data from South Korean industry Research firm SNE Research, global electric vehicle battery energy consumption reached 47.8 GWh in the first quarter of 2021, a year-on-year increase of 127%, with CATL's significant growth in the first quarter being the main driving force.</p><p>Data shows that in the first quarter, CATL's battery installations increased by 320.8% year-on-year to 15.1 GWh, and its market share expanded again from 25% for the whole of 2020 to 31.5%, while its biggest competitors, LG Chem and...<a href=\"https://laohu8.com/S/PC\">Panasonic</a>Panasonic's market share fell to 20.5% and 16.7% respectively, while Panasonic's market share dropped by nearly 10 percentage points within a year.</p><p>However, the higher you climb, the colder it gets, and CATL still needs to face many competitors at home and abroad.</p><p>Overseas, companies such as LG Chem are eyeing the market covetously; Domestically,<a href=\"https://laohu8.com/S/002594\">BYD</a>This has already posed a threat to CATL. In March of last year, BYD released a blade battery based on lithium iron phosphate material, and gradually opened it up to third-party automakers from its own use.</p><p>Therefore, deepening its ties with Tesla at this time may have some benefits for CATL, both in terms of installed power battery capacity and further enhancing its competitiveness in domestic and international markets.</p><p><h2><b>\"C position\"</b><b>Challenge</b></h2>Although Tesla's battery contract propelled CATL to the forefront, this trillion-dollar company already has a very solid position in the new energy field.</p><p>As a leading global power battery supplier, CATL not only supplies new car manufacturers such as Tesla, but also cooperates with traditional automakers such as Mercedes-Benz and Honda. Three new domestic car manufacturers have also chosen CATL's power batteries.</p><p>Han<a href=\"https://laohu8.com/S/600617\">Guoxin Energy</a>According to statistics from analyst firm SNE, CATL has ranked first in the global ranking of power battery installations for four consecutive years. In 2020, CATL's global installed capacity of power batteries was 34GWh, with a market share of nearly a quarter.</p><p>With the booming new energy sector, this behind-the-scenes giant has been coming to the forefront since last year, attracting capital attention. For example, clearance sale in 2020<a href=\"https://laohu8.com/S/NIO\">Nio</a>Subsequently, Hillhouse Capital turned its heavy investment in CATL, subscribing to a 10 billion yuan private placement.</p><p>CATL's soaring stock price has also attracted more attention from investors. On May 21, CATL also hosted a research visit of 54 people from 33 institutional investors, including large public funds, foreign institutions, and securities asset management firms. These institutional investors are mainly concerned about the development of solid-state batteries, the company's three strategic directions, and its layout in the photovoltaic field.</p><p>CATL is not the only company recognized by the outside world; its chairman, Zeng Yuqun, has also repeatedly ranked among the top on the Forbes rich list.</p><p>As of 11:30 a.m. on June 28, the Forbes Rich List showed that Zeng Yuqun, chairman of CATL, had a net worth of US$44.7 billion (approximately RMB 288.8 billion), ranking 30th globally. This is his first time entering the top 30 of the list.</p><p>In early May, Zeng Yuqun successfully became the richest man in Hong Kong. With a net worth of US$34.5 billion, he shook the list of Hong Kong's richest people, which had been dominated by the \"Li family\" for more than 20 years. His personal wealth once surpassed that of Lee Shau-kee (US$32.1 billion) and Li Ka-shing (US$34.4 billion).</p><p>At that time, Zeng Yuqun's ranking on the global rich list rose to 42nd, and now he has broken into the top 30.</p><p>Within a year, CATL has repeatedly gained popularity and attracted much attention in both the primary and secondary markets. As the first A-share listed technology company with a market capitalization of one trillion yuan, how long can CATL stand in the center position?</p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://wallstreetcn.com/articles/3634141\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/983e0432c72ee1117f6c5b8a19ed6e25","relate_stocks":{"300750":"宁德时代","TSLA":"特斯拉"},"source_url":"https://wallstreetcn.com/articles/3634141","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147863759","content_text":"宁德时代最近成为新能源界的C位担当,一是因为董事长曾毓群暴涨的身价,二是因为和特斯拉的一纸电池合约。\n6月28日,宁德时代发布公告称,公司已与特斯拉签订协议,将在2022年1月至2025年12月期间,也就是未来四年,向特斯拉供应锂离子动力电池产品。具体的采购情况特斯拉以订单方式确定,最终销售金额须以特斯拉发出的采购订单实际结算为准。\n未来,特斯拉旗下的Model 3、Model Y等车型将会使用来自宁德时代的电池组。\n\n受此消息影响,6月29日,宁德时代股价再创新高,盘中股价一度达到519.60元/股,总市值突破1.2万亿元。截至收盘,宁德时代股价报收508.51元/股,涨幅达2.96%。成为A股中第一家跨进万亿俱乐部的科技股。\n值得一提的是,自去年以来,宁德时代的股价如同坐上火箭,总市值由0.23万亿元上涨至1.18万亿元,涨幅超过4倍。\n6月29日,中金公司对此合作评价称,宁德时代此次与特斯拉的协议较之前合作力度更大,考虑到公司下游需求超预期,上调宁德时代的盈利预测,并将目标价调升9%至600元人民币。中金还上调了宁德时代2021-2023年的盈利预测10%、25%和8%,分别至110亿元、200亿元和267亿元。\n东吴证券近日发布研报称,维持宁德时代买入评级,目标价格为607.5元。其评级理由就包括:与车企的战略合作协议系绑定电池产能,能解决电池供应瓶颈,确保产能不受限。\n另外,中金分析师曾韬等在报告中指出,此次协议未约定中国市场,意味着宁德时代将以配合特斯拉全球市场供应为契机,推动产品加速走向全球。全球需求提振下,宁德时代远期全球市场份额有望达到30%以上。\n这是两家头部企业的再次握手。对于已经站上万亿市值高位的宁德时代而言,与第一大客户特斯拉的深度捆绑,不仅关乎该客户带来的电池装机量,更是一张突围海外动力电池市场的重要门票。\n二次“牵手”\n据悉,2018年,马斯克在签署特斯拉上海工厂落地协议时,曾秘密会见宁德时代董事长曾毓群,不过双方未达成实质性协议。\n在“2019世界人工智能大会”上,二人再度会面,用40多分钟敲定了合作意向。\n2020年2月,一份合约让新造车和动力电池的两家头部企业真正走到一起。彼时,宁德时代与特斯拉签订《Production Pricing Agreement (China)》,拟于2020年7月至2022年6月期间向特斯拉供应锂离子动力电池产品。\n据此合约,宁德时代为特斯拉在上海生产的Model 3供应电池。2021年初,特斯拉推出Model Y后,双方的合作范围也有望进一步扩大。\n今年6月25日,在该协议的基础上,双方又签订了上文提及的合作框架协议《Production Pricing Agreement》。协议约定宁德时代计划在未来四年向特斯拉供应锂离子动力电池产品。有分析认为,前后两份合作框架协议的区别在于去掉了“China”,预示着本次供货协议将覆盖全球。\n双方的合作进一步深入,其实早就有预示。\n6月3日,路透社援引知情人士消息称,宁德时代计划在上海新建一家大型动力电池厂,提供特斯拉在全球范围内一半用于电动汽车和屋顶储能的电池。\n有传言称,上海工厂年产能将达到80GWh,而宁德时代现有产能为69.1GWh,并有77.5GWh产能在建中。\n另外,宁德时代日前发生的“乌龙事件”也与特斯拉有关。近日,有自称是宁德时代员工的人员爆料,宁德时代强制经理级别员工购买特斯拉Model 3,有员工称公司推出购买特斯拉的优惠活动,是为了清掉“电池有问题”的特斯拉库存。\n宁德时代则表示,没有质量问题,也没有强制购买。“关于员工购买特斯拉是公司为推行全面电动化,以优惠价格鼓励员工购买电动车,没有强制,也不限于特斯拉,包括其大部分供货的品牌。称此活动已持续三年,去年是在国庆节期间。”\n“绑定”加深\n不论乌龙事件如何,特斯拉和宁德时代的关系都在进一步绑定。\n宁德时代2021年Q1财报显示,公司面向前五大客户的销售金额占当期应收比例为41.08%,公司主要客户为大型境内外车企。2020年年报显示,公司面对第三和第四大客户的销售额差距不大。\n\n而据世纪证券,按装机口径计算, 2020年特斯拉为宁德时代第三大客户,而到2021年第一季度,特斯拉一跃成为最大客户 。\n双方的绑定加深,不仅在于特斯拉跃升为最大客户。更关键的是特斯拉是宁德时代突围海外动力电池市场的重要门票之一。\n此前,宁德时代副总经理、董事会秘书蒋理曾表示,宁德时代与特斯拉的合作不局限于国内。新合约或许就是双方的动力电池合作走出国门的开始。\n公开数据表明,宁德时代在动力电池装机量上已经处于C位。2020年工信部公布的新能源车型有效目录共有6800多款车型,其中宁德时代配套动力电池的有3400多款,在全部动力电池厂商中占比最高。\n宁德时代在全球动力电池竞争中的优势也在进一步扩大。\n据韩国行业调研机构SNE Research最新数据,2021年第一季度,全球电动车电池能耗为47.8 GWh,同比增长127%,宁德时代一季度的大幅增长为主要推动力。\n数据显示,第一季度,宁德时代电池装机量同比增长320.8%至15.1 GWh,市占率从2020年全年的25%再度扩大至31.5%,而其最大竞争对手LG化学以及松下的市占率则分别下降至20.5%和16.7%,松下市占率一年内下降近10个百分点。\n但高处不胜寒,宁德时代仍然需要面对海内外不少竞争对手。\n在海外,有LG化学等企业虎视眈眈;在国内,比亚迪已经对宁德时代构成了威胁。去年3月,比亚迪发布了基于磷酸铁锂材料的刀片电池,并逐渐从自用开放给第三方车企。\n因而,此时与特斯拉加深绑定,对宁德时代而言,无论是对动力电池装机量,还是进一步提升海内外市场竞争力,或许都存在一些好处。\n“C位”挑战\n虽然本次是特斯拉的电池合约将宁德时代送上C位,但这家万亿市值的公司,在新能源领域的地位已经十分稳固。\n作为全球头部动力电池供应商,宁德时代不仅为特斯拉等新造车代表供货,还与奔驰、本田等传统车企合作。国内新造车三家企业也选择了宁德时代的动力电池。\n韩国新能源分析机构SNE统计称,宁德时代已连续四年在全球动力电池装车量排名中居于首位。就在2020年,宁德时代动力电池的全球装车量为34GWh,市场份额接近四分之一。\n随着新能源板块的火爆,这家幕后巨头从去年开始走向台前,获得资本关注。例如,在2020年清仓蔚来后,高瓴资本就转而重仓宁德时代,认购了100亿元的定增。\n股价飙升的宁德时代,也受到更多投资者的关注。5月21日,宁德时代还接待了33家机构投资者共54人的调研,其中包括大型公募基金、外资机构以及券商资管等。这些机构投资者们关心的话题,主要在固态电池发展、公司三大战略方向以及光伏领域的布局等方面。\n被外界认知的不止有宁德时代,其董事长曾毓群也屡次跻身福布斯富豪榜的前列。\n截至6月28日上午11点半,福布斯富豪榜的实时榜单显示,宁德时代董事长曾毓群身价达到447亿美元(约合2888亿元人民币),位列全球第30位。这是他首次进入榜单前30名。\n而就在5月初,曾毓群成功问鼎香港首富。他以345亿美元的身价,动摇了被“李氏家族”霸榜20余年的香港首富榜,个人财富一度超过李兆基(321亿美元)和李嘉诚(344亿美元)。\n彼时,曾毓群在全球富豪榜上的排名升至全球第42名,而今他已经突围进前30名。\n一年之内,宁德时代多次出圈,在一、二级市场备受关注。作为A股第一家万亿市值的科技公司,宁德时代在C位上又能矗立多久?","news_type":1,"symbols_score_info":{"300750":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":5698,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187301724,"gmtCreate":1623738198968,"gmtModify":1704210035732,"author":{"id":"3581155580868820","authorId":"3581155580868820","name":"风雪腊梅","avatar":"https://static.tigerbbs.com/6098bb5390cb75567a6e67bf6a793e29","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581155580868820","authorIdStr":"3581155580868820"},"themes":[],"title":"","htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187301724","repostId":"1126523309","repostType":4,"isVote":1,"tweetType":1,"viewCount":4675,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188415570,"gmtCreate":1623458608690,"gmtModify":1704204095328,"author":{"id":"3581155580868820","authorId":"3581155580868820","name":"风雪腊梅","avatar":"https://static.tigerbbs.com/6098bb5390cb75567a6e67bf6a793e29","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581155580868820","authorIdStr":"3581155580868820"},"themes":[],"title":"","htmlText":"[666] [666] [666] ","listText":"[666] [666] [666] ","text":"[666] [666] [666]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188415570","repostId":"1156959915","repostType":4,"repost":{"id":"1156959915","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623429803,"share":"https://ttm.financial/m/news/1156959915?lang=en_US&edition=fundamental","pubTime":"2021-06-12 00:43","market":"us","language":"zh","title":"Tiger Brokers helped BOSS Zhipin list on Nasdaq, which opened 75% higher on its first day of trading.","url":"https://stock-news.laohu8.com/highlight/detail?id=1156959915","media":"老虎资讯综合","summary":"北京时间6月12日,BOSS直聘登陆纳斯达克,首日开涨75%。\n老虎证券作为互联网承销商,与高盛、摩根士丹利、UBS、华兴、海通等国际知名大行同列BOSS直聘招股书封面,展现出老虎证券作为头部互联网科","content":"<p>On June 12, Beijing time, BOSS Zhipin listed on Nasdaq, rising 75% on its first day.<img src=\"https://static.tigerbbs.com/57551fd25362c75885fbb928efe43f8a\"></p><p>As an internet underwriter, Tiger Brokers was featured on the cover of BOSS Zhipin's prospectus alongside internationally renowned banks such as Goldman Sachs, Morgan Stanley, UBS, China Renaissance, and Haitong, demonstrating Tiger Brokers' influence as a leading internet technology investment bank.<br></p><p><br></p><p>According to the latest prospectus, BOSS Zhipin will publicly issue 48 million American Depositary Shares (ADSs) at a price of $19 per share, raising approximately $912 million, with a total market capitalization of $7.599 billion at the opening.</p><p>This valuation has surpassed the combined valuation of 51job, which is publicly valued at $5 billion, and Zhaopin.com, which is only valued at $1.7 billion in the private equity market due to delisting, making it the most valuable Chinese recruitment platform.</p><p>Of course, achieving such a high valuation indicates, to some extent, that BOSS Zhipin has also gained recognition from the capital market for its financial performance.</p><p><b>Financial Performance</b></p><p>BOSS Zhipin's recent financial performance can be summarized as follows: strong revenue growth momentum; Gross profit grew strongly, and the gross profit margin remained stable; Although operating profit is low, it has already achieved a turnaround from loss to profit; Operating cash flow surged.</p><p>Specifically, BOSS Zhipin's revenue reached $298 million in 2020, a surge of 95.4% compared to $152 million in 2019. In the first quarter of 2021, the company's revenue reached $120 million, a year-on-year increase of 178.9%.</p><p>BOSS Zhipin's gross profit was $261 million in 2020, a 98.7% increase from $131 million in 2019, while it reached $104 million in the first quarter of 2021, a year-on-year increase of 178.4%. Meanwhile, the company's gross profit margins remained almost unchanged at 86.20%, 87.65% and 86.45% in 2019, 2020 and the first quarter of 2021, respectively.</p><p>In 2019, 2020, and the first quarter of 2021, BOSS Zhipin achieved operating profits of US$392,800, US$1,356,000, and US$350,000 and US$400,000, respectively, with operating profit margins of 0.3%, 0.5%, and 0.3%. During the same period, the company reported net losses of US$112 million, US$188 million and US$40.972 million, respectively.</p><p>In 2019, 2020, and the first quarter of 2021, BOSS Zhipin's operating cash flow was -$16.1318 million, $60.676 million, and $25.235 million, respectively.</p><p>As of March 31, 2021, BOSS Zhipin held $626 million in cash and $332 million in liabilities. During the twelve months ended March 31, 2021, the company had free cash flow of US$102 million.</p><p><b>Research Analysis</b></p><p>BOSS Zhipin hopes to gain support from the US capital market to help them continue their expansion in the Chinese market.</p><p>Judging from the company's financial performance, their revenue and gross profit margin have grown rapidly, and they have achieved a turnaround from loss to profit at the operational level. The free cash flow as of March 31, 2021, exceeded $101 million, which is impressive.</p><p>In China, the market for providing online recruitment services for job seekers and employers is huge and has a promising future.</p><p>Goldman Sachs is the lead underwriter for this transaction. Over the past twelve months, the company has led the underwriting of IPO shares with an average return of 42.9%, which is in the middle range compared to the performance of all major underwriters during the same period.</p><p>The number one risk facing BOSS Zhipin is that the company may face a series of competitive pressures, such as talent networks or other mainstream international recruitment companies entering their markets. Once these become a reality, they will threaten their growth prospects or force them to significantly increase marketing spending, suppressing profitability.</p><p>China's various high-margin online businesses often eventually attract a large number of competitors, and the main means of competition is price wars, which is obviously not good news for the future returns of stocks.</p><p>From a valuation perspective, the price BOSS Zhipin offered to US IPO investors implies a company value-to-revenue ratio of around 19.2. Although this figure is higher than the current overall level of software-as-a-service stocks, BOSS Zhipin's revenue growth momentum is stronger. They have already crossed the profitability threshold at the operational level and generated considerable free cash flow.</p><p>Therefore, although BOSS Zhipin's IPO price is not cheap, it is still worth paying attention to for investors interested in the growth prospects of China's online recruitment market.</p><p><img src=\"https://static.tigerbbs.com/361ada34c84eeaafbb2e860b6eb0db6f\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tiger Brokers helped BOSS Zhipin list on Nasdaq, which opened 75% higher on its first day of trading.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTiger Brokers helped BOSS Zhipin list on Nasdaq, which opened 75% higher on its first day of trading.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-12 00:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 12, Beijing time, BOSS Zhipin listed on Nasdaq, rising 75% on its first day.<img src=\"https://static.tigerbbs.com/57551fd25362c75885fbb928efe43f8a\"></p><p>As an internet underwriter, Tiger Brokers was featured on the cover of BOSS Zhipin's prospectus alongside internationally renowned banks such as Goldman Sachs, Morgan Stanley, UBS, China Renaissance, and Haitong, demonstrating Tiger Brokers' influence as a leading internet technology investment bank.<br></p><p><br></p><p>According to the latest prospectus, BOSS Zhipin will publicly issue 48 million American Depositary Shares (ADSs) at a price of $19 per share, raising approximately $912 million, with a total market capitalization of $7.599 billion at the opening.</p><p>This valuation has surpassed the combined valuation of 51job, which is publicly valued at $5 billion, and Zhaopin.com, which is only valued at $1.7 billion in the private equity market due to delisting, making it the most valuable Chinese recruitment platform.</p><p>Of course, achieving such a high valuation indicates, to some extent, that BOSS Zhipin has also gained recognition from the capital market for its financial performance.</p><p><b>Financial Performance</b></p><p>BOSS Zhipin's recent financial performance can be summarized as follows: strong revenue growth momentum; Gross profit grew strongly, and the gross profit margin remained stable; Although operating profit is low, it has already achieved a turnaround from loss to profit; Operating cash flow surged.</p><p>Specifically, BOSS Zhipin's revenue reached $298 million in 2020, a surge of 95.4% compared to $152 million in 2019. In the first quarter of 2021, the company's revenue reached $120 million, a year-on-year increase of 178.9%.</p><p>BOSS Zhipin's gross profit was $261 million in 2020, a 98.7% increase from $131 million in 2019, while it reached $104 million in the first quarter of 2021, a year-on-year increase of 178.4%. Meanwhile, the company's gross profit margins remained almost unchanged at 86.20%, 87.65% and 86.45% in 2019, 2020 and the first quarter of 2021, respectively.</p><p>In 2019, 2020, and the first quarter of 2021, BOSS Zhipin achieved operating profits of US$392,800, US$1,356,000, and US$350,000 and US$400,000, respectively, with operating profit margins of 0.3%, 0.5%, and 0.3%. During the same period, the company reported net losses of US$112 million, US$188 million and US$40.972 million, respectively.</p><p>In 2019, 2020, and the first quarter of 2021, BOSS Zhipin's operating cash flow was -$16.1318 million, $60.676 million, and $25.235 million, respectively.</p><p>As of March 31, 2021, BOSS Zhipin held $626 million in cash and $332 million in liabilities. During the twelve months ended March 31, 2021, the company had free cash flow of US$102 million.</p><p><b>Research Analysis</b></p><p>BOSS Zhipin hopes to gain support from the US capital market to help them continue their expansion in the Chinese market.</p><p>Judging from the company's financial performance, their revenue and gross profit margin have grown rapidly, and they have achieved a turnaround from loss to profit at the operational level. The free cash flow as of March 31, 2021, exceeded $101 million, which is impressive.</p><p>In China, the market for providing online recruitment services for job seekers and employers is huge and has a promising future.</p><p>Goldman Sachs is the lead underwriter for this transaction. Over the past twelve months, the company has led the underwriting of IPO shares with an average return of 42.9%, which is in the middle range compared to the performance of all major underwriters during the same period.</p><p>The number one risk facing BOSS Zhipin is that the company may face a series of competitive pressures, such as talent networks or other mainstream international recruitment companies entering their markets. Once these become a reality, they will threaten their growth prospects or force them to significantly increase marketing spending, suppressing profitability.</p><p>China's various high-margin online businesses often eventually attract a large number of competitors, and the main means of competition is price wars, which is obviously not good news for the future returns of stocks.</p><p>From a valuation perspective, the price BOSS Zhipin offered to US IPO investors implies a company value-to-revenue ratio of around 19.2. Although this figure is higher than the current overall level of software-as-a-service stocks, BOSS Zhipin's revenue growth momentum is stronger. They have already crossed the profitability threshold at the operational level and generated considerable free cash flow.</p><p>Therefore, although BOSS Zhipin's IPO price is not cheap, it is still worth paying attention to for investors interested in the growth prospects of China's online recruitment market.</p><p><img src=\"https://static.tigerbbs.com/361ada34c84eeaafbb2e860b6eb0db6f\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3aee31599ee7010691cc73f0ff8ac182","relate_stocks":{"BZ":"BOSS直聘"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156959915","content_text":"北京时间6月12日,BOSS直聘登陆纳斯达克,首日开涨75%。\n老虎证券作为互联网承销商,与高盛、摩根士丹利、UBS、华兴、海通等国际知名大行同列BOSS直聘招股书封面,展现出老虎证券作为头部互联网科技投行的影响力。\n\n根据最新招股书信息显示,BOSS直聘将公开发行4800万股美国存托股份(ADS),发行价定为每股19美元,募资约9.12亿美元,总市值开盘时是75.99亿美元。\n而这个估值已经超过公开估值50亿美元的前程无忧和由于退市只能在私募基金市场有估值17亿美元的智联招聘之和,成为估值最高的中国招聘平台。\n当然,能达到如此高额的估值,在一定程度上表明BOSS直聘也有着自己的在财务上的表现得到了资本市场的认可。\n财务表现\nBOSS直聘近期的财务表现大约可以做如下概括:营收增长势头强劲;毛利润增长强劲,毛利润率保持稳定;运营利润虽然低,但是已经实现了扭亏为盈;运营现金流猛增。\n具体而言,BOSS直聘2020年营收达到了2.98亿美元,较之2019年的1.52亿美元猛增95.4%之多,而2021年第一季度,公司营收就达到了1.20亿美元,同比增幅更高达178.9%。\nBOSS直聘毛利润2020年为2.61亿美元,较之2019年的1.31亿美元增长98.7%,而2021年第一季度达到1.04亿美元,同比增幅高达178.4%。与此同时,在2019年、2020年和2021年第一季度当中,公司毛利润率分别为86.20%、87.65%和86.45%,几乎保持不变。\n2019年、2020年和2021年第一季度,BOSS直聘分别实现运营利润39.28万美元、135.60万美元和35、40万美元,运营利润率分别为0.3%、0.5%和0.3%。同期内,公司净亏损分别为1.12亿美元、1.88亿美元和4097.20万美元。\n2019年、2020年和2021年第一季度,BOSS直聘运营现金流分别为-1613.18万美元、6067.60万美元和2523.50万美元。\n截至2021年3月31日,BOSS直聘持有现金6.26亿美元,负债3.32亿美元。截至2021年3月31日的十二个月内,公司自由现金流为1.02亿美元。\n研究分析\nBOSS直聘希望获得美国资本市场的支持,帮助他们在中国市场上继续扩张。\n从公司的财务表现看,他们营收和毛利润率增长迅猛,运营层面已经实现扭亏为盈。截至2021年3月31日的自由现金流超过1.01亿美元,令人印象深刻。\n在中国,为求职者和雇主提供线上招聘服务,市场体量是很巨大的,前景是很可观的。\n高盛是本次交易的领衔承销商,在过去十二个月时间内,该公司领衔承销的IPO股票,平均回报率为42.9%,在所有主要承销商同期业绩的比较当中位于中游水平。\nBOSS直聘面前的头号风险是,该公司可能会面对一系列竞争压力,比如人才网络,或者其他主流国际招聘公司进入他们所在的市场,而这些一旦成为现实,就将威胁到他们的增长前景,或者是迫使他们大幅提升营销支出,打压盈利能力。\n中国各种利润率较高的线上业务,往往最终都会吸引大量竞争者,而最主要的竞争手段就是大打价格战,而这对于股票未来的回报显然不是什么好消息。\n从估值角度看,BOSS直聘为美国IPO投资者开出的价格意味着公司企业价值营收比率为19.2左右,虽然这一数字高于软件即服务股票当前的总体水平,但是BOSS直聘的营收增长势头更为强劲,他们已经在运营层面越过盈利门槛,并且产生了可观的自由现金流。\n因此,虽然BOSS直聘IPO价格称不上低廉,但是对于那些有意于中国线上招聘市场成长前景的投资者而言,这一股票还是值得关注的。","news_type":1,"symbols_score_info":{"BZ":0.9}},"isVote":1,"tweetType":1,"viewCount":5628,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188616027,"gmtCreate":1623431853569,"gmtModify":1704203685745,"author":{"id":"3581155580868820","authorId":"3581155580868820","name":"风雪腊梅","avatar":"https://static.tigerbbs.com/6098bb5390cb75567a6e67bf6a793e29","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581155580868820","authorIdStr":"3581155580868820"},"themes":[],"title":"","htmlText":"[666] [666] [666] ","listText":"[666] [666] [666] ","text":"[666] [666] [666]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188616027","repostId":"1156959915","repostType":4,"repost":{"id":"1156959915","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623429803,"share":"https://ttm.financial/m/news/1156959915?lang=en_US&edition=fundamental","pubTime":"2021-06-12 00:43","market":"us","language":"zh","title":"Tiger Brokers helped BOSS Zhipin list on Nasdaq, which opened 75% higher on its first day of trading.","url":"https://stock-news.laohu8.com/highlight/detail?id=1156959915","media":"老虎资讯综合","summary":"北京时间6月12日,BOSS直聘登陆纳斯达克,首日开涨75%。\n老虎证券作为互联网承销商,与高盛、摩根士丹利、UBS、华兴、海通等国际知名大行同列BOSS直聘招股书封面,展现出老虎证券作为头部互联网科","content":"<p>On June 12, Beijing time, BOSS Zhipin listed on Nasdaq, rising 75% on its first day.<img src=\"https://static.tigerbbs.com/57551fd25362c75885fbb928efe43f8a\"></p><p>As an internet underwriter, Tiger Brokers was featured on the cover of BOSS Zhipin's prospectus alongside internationally renowned banks such as Goldman Sachs, Morgan Stanley, UBS, China Renaissance, and Haitong, demonstrating Tiger Brokers' influence as a leading internet technology investment bank.<br></p><p><br></p><p>According to the latest prospectus, BOSS Zhipin will publicly issue 48 million American Depositary Shares (ADSs) at a price of $19 per share, raising approximately $912 million, with a total market capitalization of $7.599 billion at the opening.</p><p>This valuation has surpassed the combined valuation of 51job, which is publicly valued at $5 billion, and Zhaopin.com, which is only valued at $1.7 billion in the private equity market due to delisting, making it the most valuable Chinese recruitment platform.</p><p>Of course, achieving such a high valuation indicates, to some extent, that BOSS Zhipin has also gained recognition from the capital market for its financial performance.</p><p><b>Financial Performance</b></p><p>BOSS Zhipin's recent financial performance can be summarized as follows: strong revenue growth momentum; Gross profit grew strongly, and the gross profit margin remained stable; Although operating profit is low, it has already achieved a turnaround from loss to profit; Operating cash flow surged.</p><p>Specifically, BOSS Zhipin's revenue reached $298 million in 2020, a surge of 95.4% compared to $152 million in 2019. In the first quarter of 2021, the company's revenue reached $120 million, a year-on-year increase of 178.9%.</p><p>BOSS Zhipin's gross profit was $261 million in 2020, a 98.7% increase from $131 million in 2019, while it reached $104 million in the first quarter of 2021, a year-on-year increase of 178.4%. Meanwhile, the company's gross profit margins remained almost unchanged at 86.20%, 87.65% and 86.45% in 2019, 2020 and the first quarter of 2021, respectively.</p><p>In 2019, 2020, and the first quarter of 2021, BOSS Zhipin achieved operating profits of US$392,800, US$1,356,000, and US$350,000 and US$400,000, respectively, with operating profit margins of 0.3%, 0.5%, and 0.3%. During the same period, the company reported net losses of US$112 million, US$188 million and US$40.972 million, respectively.</p><p>In 2019, 2020, and the first quarter of 2021, BOSS Zhipin's operating cash flow was -$16.1318 million, $60.676 million, and $25.235 million, respectively.</p><p>As of March 31, 2021, BOSS Zhipin held $626 million in cash and $332 million in liabilities. During the twelve months ended March 31, 2021, the company had free cash flow of US$102 million.</p><p><b>Research Analysis</b></p><p>BOSS Zhipin hopes to gain support from the US capital market to help them continue their expansion in the Chinese market.</p><p>Judging from the company's financial performance, their revenue and gross profit margin have grown rapidly, and they have achieved a turnaround from loss to profit at the operational level. The free cash flow as of March 31, 2021, exceeded $101 million, which is impressive.</p><p>In China, the market for providing online recruitment services for job seekers and employers is huge and has a promising future.</p><p>Goldman Sachs is the lead underwriter for this transaction. Over the past twelve months, the company has led the underwriting of IPO shares with an average return of 42.9%, which is in the middle range compared to the performance of all major underwriters during the same period.</p><p>The number one risk facing BOSS Zhipin is that the company may face a series of competitive pressures, such as talent networks or other mainstream international recruitment companies entering their markets. Once these become a reality, they will threaten their growth prospects or force them to significantly increase marketing spending, suppressing profitability.</p><p>China's various high-margin online businesses often eventually attract a large number of competitors, and the main means of competition is price wars, which is obviously not good news for the future returns of stocks.</p><p>From a valuation perspective, the price BOSS Zhipin offered to US IPO investors implies a company value-to-revenue ratio of around 19.2. Although this figure is higher than the current overall level of software-as-a-service stocks, BOSS Zhipin's revenue growth momentum is stronger. They have already crossed the profitability threshold at the operational level and generated considerable free cash flow.</p><p>Therefore, although BOSS Zhipin's IPO price is not cheap, it is still worth paying attention to for investors interested in the growth prospects of China's online recruitment market.</p><p><img src=\"https://static.tigerbbs.com/361ada34c84eeaafbb2e860b6eb0db6f\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tiger Brokers helped BOSS Zhipin list on Nasdaq, which opened 75% higher on its first day of trading.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTiger Brokers helped BOSS Zhipin list on Nasdaq, which opened 75% higher on its first day of trading.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-12 00:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 12, Beijing time, BOSS Zhipin listed on Nasdaq, rising 75% on its first day.<img src=\"https://static.tigerbbs.com/57551fd25362c75885fbb928efe43f8a\"></p><p>As an internet underwriter, Tiger Brokers was featured on the cover of BOSS Zhipin's prospectus alongside internationally renowned banks such as Goldman Sachs, Morgan Stanley, UBS, China Renaissance, and Haitong, demonstrating Tiger Brokers' influence as a leading internet technology investment bank.<br></p><p><br></p><p>According to the latest prospectus, BOSS Zhipin will publicly issue 48 million American Depositary Shares (ADSs) at a price of $19 per share, raising approximately $912 million, with a total market capitalization of $7.599 billion at the opening.</p><p>This valuation has surpassed the combined valuation of 51job, which is publicly valued at $5 billion, and Zhaopin.com, which is only valued at $1.7 billion in the private equity market due to delisting, making it the most valuable Chinese recruitment platform.</p><p>Of course, achieving such a high valuation indicates, to some extent, that BOSS Zhipin has also gained recognition from the capital market for its financial performance.</p><p><b>Financial Performance</b></p><p>BOSS Zhipin's recent financial performance can be summarized as follows: strong revenue growth momentum; Gross profit grew strongly, and the gross profit margin remained stable; Although operating profit is low, it has already achieved a turnaround from loss to profit; Operating cash flow surged.</p><p>Specifically, BOSS Zhipin's revenue reached $298 million in 2020, a surge of 95.4% compared to $152 million in 2019. In the first quarter of 2021, the company's revenue reached $120 million, a year-on-year increase of 178.9%.</p><p>BOSS Zhipin's gross profit was $261 million in 2020, a 98.7% increase from $131 million in 2019, while it reached $104 million in the first quarter of 2021, a year-on-year increase of 178.4%. Meanwhile, the company's gross profit margins remained almost unchanged at 86.20%, 87.65% and 86.45% in 2019, 2020 and the first quarter of 2021, respectively.</p><p>In 2019, 2020, and the first quarter of 2021, BOSS Zhipin achieved operating profits of US$392,800, US$1,356,000, and US$350,000 and US$400,000, respectively, with operating profit margins of 0.3%, 0.5%, and 0.3%. During the same period, the company reported net losses of US$112 million, US$188 million and US$40.972 million, respectively.</p><p>In 2019, 2020, and the first quarter of 2021, BOSS Zhipin's operating cash flow was -$16.1318 million, $60.676 million, and $25.235 million, respectively.</p><p>As of March 31, 2021, BOSS Zhipin held $626 million in cash and $332 million in liabilities. During the twelve months ended March 31, 2021, the company had free cash flow of US$102 million.</p><p><b>Research Analysis</b></p><p>BOSS Zhipin hopes to gain support from the US capital market to help them continue their expansion in the Chinese market.</p><p>Judging from the company's financial performance, their revenue and gross profit margin have grown rapidly, and they have achieved a turnaround from loss to profit at the operational level. The free cash flow as of March 31, 2021, exceeded $101 million, which is impressive.</p><p>In China, the market for providing online recruitment services for job seekers and employers is huge and has a promising future.</p><p>Goldman Sachs is the lead underwriter for this transaction. Over the past twelve months, the company has led the underwriting of IPO shares with an average return of 42.9%, which is in the middle range compared to the performance of all major underwriters during the same period.</p><p>The number one risk facing BOSS Zhipin is that the company may face a series of competitive pressures, such as talent networks or other mainstream international recruitment companies entering their markets. Once these become a reality, they will threaten their growth prospects or force them to significantly increase marketing spending, suppressing profitability.</p><p>China's various high-margin online businesses often eventually attract a large number of competitors, and the main means of competition is price wars, which is obviously not good news for the future returns of stocks.</p><p>From a valuation perspective, the price BOSS Zhipin offered to US IPO investors implies a company value-to-revenue ratio of around 19.2. Although this figure is higher than the current overall level of software-as-a-service stocks, BOSS Zhipin's revenue growth momentum is stronger. They have already crossed the profitability threshold at the operational level and generated considerable free cash flow.</p><p>Therefore, although BOSS Zhipin's IPO price is not cheap, it is still worth paying attention to for investors interested in the growth prospects of China's online recruitment market.</p><p><img src=\"https://static.tigerbbs.com/361ada34c84eeaafbb2e860b6eb0db6f\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3aee31599ee7010691cc73f0ff8ac182","relate_stocks":{"BZ":"BOSS直聘"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156959915","content_text":"北京时间6月12日,BOSS直聘登陆纳斯达克,首日开涨75%。\n老虎证券作为互联网承销商,与高盛、摩根士丹利、UBS、华兴、海通等国际知名大行同列BOSS直聘招股书封面,展现出老虎证券作为头部互联网科技投行的影响力。\n\n根据最新招股书信息显示,BOSS直聘将公开发行4800万股美国存托股份(ADS),发行价定为每股19美元,募资约9.12亿美元,总市值开盘时是75.99亿美元。\n而这个估值已经超过公开估值50亿美元的前程无忧和由于退市只能在私募基金市场有估值17亿美元的智联招聘之和,成为估值最高的中国招聘平台。\n当然,能达到如此高额的估值,在一定程度上表明BOSS直聘也有着自己的在财务上的表现得到了资本市场的认可。\n财务表现\nBOSS直聘近期的财务表现大约可以做如下概括:营收增长势头强劲;毛利润增长强劲,毛利润率保持稳定;运营利润虽然低,但是已经实现了扭亏为盈;运营现金流猛增。\n具体而言,BOSS直聘2020年营收达到了2.98亿美元,较之2019年的1.52亿美元猛增95.4%之多,而2021年第一季度,公司营收就达到了1.20亿美元,同比增幅更高达178.9%。\nBOSS直聘毛利润2020年为2.61亿美元,较之2019年的1.31亿美元增长98.7%,而2021年第一季度达到1.04亿美元,同比增幅高达178.4%。与此同时,在2019年、2020年和2021年第一季度当中,公司毛利润率分别为86.20%、87.65%和86.45%,几乎保持不变。\n2019年、2020年和2021年第一季度,BOSS直聘分别实现运营利润39.28万美元、135.60万美元和35、40万美元,运营利润率分别为0.3%、0.5%和0.3%。同期内,公司净亏损分别为1.12亿美元、1.88亿美元和4097.20万美元。\n2019年、2020年和2021年第一季度,BOSS直聘运营现金流分别为-1613.18万美元、6067.60万美元和2523.50万美元。\n截至2021年3月31日,BOSS直聘持有现金6.26亿美元,负债3.32亿美元。截至2021年3月31日的十二个月内,公司自由现金流为1.02亿美元。\n研究分析\nBOSS直聘希望获得美国资本市场的支持,帮助他们在中国市场上继续扩张。\n从公司的财务表现看,他们营收和毛利润率增长迅猛,运营层面已经实现扭亏为盈。截至2021年3月31日的自由现金流超过1.01亿美元,令人印象深刻。\n在中国,为求职者和雇主提供线上招聘服务,市场体量是很巨大的,前景是很可观的。\n高盛是本次交易的领衔承销商,在过去十二个月时间内,该公司领衔承销的IPO股票,平均回报率为42.9%,在所有主要承销商同期业绩的比较当中位于中游水平。\nBOSS直聘面前的头号风险是,该公司可能会面对一系列竞争压力,比如人才网络,或者其他主流国际招聘公司进入他们所在的市场,而这些一旦成为现实,就将威胁到他们的增长前景,或者是迫使他们大幅提升营销支出,打压盈利能力。\n中国各种利润率较高的线上业务,往往最终都会吸引大量竞争者,而最主要的竞争手段就是大打价格战,而这对于股票未来的回报显然不是什么好消息。\n从估值角度看,BOSS直聘为美国IPO投资者开出的价格意味着公司企业价值营收比率为19.2左右,虽然这一数字高于软件即服务股票当前的总体水平,但是BOSS直聘的营收增长势头更为强劲,他们已经在运营层面越过盈利门槛,并且产生了可观的自由现金流。\n因此,虽然BOSS直聘IPO价格称不上低廉,但是对于那些有意于中国线上招聘市场成长前景的投资者而言,这一股票还是值得关注的。","news_type":1,"symbols_score_info":{"BZ":0.9}},"isVote":1,"tweetType":1,"viewCount":4574,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138236751,"gmtCreate":1621941645173,"gmtModify":1704364814915,"author":{"id":"3581155580868820","authorId":"3581155580868820","name":"风雪腊梅","avatar":"https://static.tigerbbs.com/6098bb5390cb75567a6e67bf6a793e29","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581155580868820","authorIdStr":"3581155580868820"},"themes":[],"title":"","htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138236751","repostId":"1119328389","repostType":4,"isVote":1,"tweetType":1,"viewCount":4908,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138230978,"gmtCreate":1621941177294,"gmtModify":1704364807277,"author":{"id":"3581155580868820","authorId":"3581155580868820","name":"风雪腊梅","avatar":"https://static.tigerbbs.com/6098bb5390cb75567a6e67bf6a793e29","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581155580868820","authorIdStr":"3581155580868820"},"themes":[],"title":"","htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138230978","repostId":"2137158515","repostType":2,"repost":{"id":"2137158515","kind":"news","pubTimestamp":1621865791,"share":"https://ttm.financial/m/news/2137158515?lang=en_US&edition=fundamental","pubTime":"2021-05-24 22:16","market":"hk","language":"zh","title":"Why was Nio \"abandoned\" after announcing a breakup on May 20th?","url":"https://stock-news.laohu8.com/highlight/detail?id=2137158515","media":"36氪","summary":"携手多年,蔚来与传统车企的两段“恋情”均无疾而终。\n5月20日,这一天因谐音被年轻人视作另一个情人节。长安汽车却在这一天发布了一则“分手”公告,其控股子公司“长安蔚来”正式更名为阿维塔科技。阿维塔科技","content":"<p>After years of working together, both of Nio' relationships with traditional automakers ended without a trace.</p><p>May 20th is considered another Valentine's Day by young people because of its homophone.<a href=\"https://laohu8.com/S/000625\">Changan Automobile</a>However, on this day, it issued a \"breakup\" announcement, and its holding subsidiary \"Changan Nio\" was officially renamed Avita Technology. Avita Technology will operate entirely in a market-oriented manner, operate independently, and develop independently, partnering with Changan Automobile, Huawei, and others.<a href=\"https://laohu8.com/S/300750\">CATL</a>Working together to create<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>The Connected Electric Vehicle (CHN) platform aims to create a series of intelligent vehicle products.</p><p>With the establishment of Avita Technology, the role of Nio has diminished in Changan's projects to build a high-end new energy brand. According to Tianyancha, Nio only holds 4.62% of the company's shares left.</p><p>On the other hand, GAC and Nio also quietly ended their relationship. On April 6, GAC NIO officially changed its name to Hycan Technology. According to Tianyancha, Nio shares have been diluted to only 4.4589%, and Li Bin, founder and chairman of Nio, stepped down as the legal representative of GAC NIO in January this year.</p><p>Both of Nio' relationships began in 2017, with Nio dating Changan Automobile in April and December of that year, respectively.<a href=\"https://laohu8.com/S/601238\">GAC Group</a>A strategic cooperation agreement was signed. \"Just like dating and getting married, you initially observe many people and finally choose the most suitable one,\" said Zhu Huarong, chairman of Changan Automobile, at the signing ceremony.</p><p>The \"most suitable\" partner at the time seems to be no longer suitable, but after joining hands with the newcomers, Changan and GAC's path to high-end new energy vehicles may still not be easy.</p><p><b>1</b></p><p><b>The story behind the breakup</b></p><p>According to Li Bin's earlier statement, the joint venture project between Nio and Changan is actually a case of \"each learning from their own strengths\". Nio needs to leverage Changan's strengths in R&D, manufacturing, and supply chain, while Changan has high hopes for NIO's advantages in electric vehicles, electronics, and intelligent technologies.</p><p>In August 2018, Changan Nio was established in Nanjing Jiangning Development Zone. Since then, Changan Nio has made little substantial progress. For more than two years, Changan Nio has made no progress in its strategic planning, brand LOGO, and products.</p><p><img src=\"https://static.tigerbbs.com/b8d4a5af89da269277bcc7ed798c41ec\" tg-width=\"550\" tg-height=\"367\" referrerpolicy=\"no-referrer\">Source: Changan Nio official website</p><p>Under these circumstances, Chang'an became somewhat restless. In June 2020, Changan Nio underwent business registration changes. Tan Benhong, executive vice president of Changan Automobile, succeeded Li Bin as chairman of Changan Nio. Through cash capital increases and other means, Changan increased its total stake in Changan Nio to 95.38%, while Nio only held 4.62%.</p><p>Regarding \"giving up\" Nio,<a href=\"https://laohu8.com/S/600030\">CITIC Securities</a>Automotive analyst Wang Yuan believes that Changan originally \"hoped to build its own mid-to-high-end brand with the help of Changan Nio' team,\" but Changan Nio is progressing slowly. After the equity adjustment, \"Changan can firmly grasp control of Changan Nio,\" which makes it easier to control the pace of brand planning.</p><p>But in fact, Nio had his own difficulties.</p><p>Shortly after Changan Nio settled in Nanjing, Nio entered the \"most difficult year of 2019,\" and Li Bin was jokingly referred to as \"the most miserable person in 2019.\" In 2019, Nio suffered negative incidents such as vehicle spontaneous combustion and breakdowns, and its performance was also \"appalling\". Financial reports show that Nio suffered losses of over 11 billion yuan in 2019, with average monthly sales of less than 2,000 vehicles. At that time, Nio \"seemed willing but unable to handle joint venture projects.\"</p><p>It wasn't until April 29 last year, when Nio China's headquarters moved into Hefei and successfully secured 7 billion yuan in strategic investment, that the situation in Nio improved. \"But Nio, who received the life-saving money, is probably more concerned with saving himself.\"</p><p>Compared to Changan Nio, GAC NIO \"runs faster\".</p><p>On April 10, 2018, GAC NIO was officially established. A year later, GAC NIO launched its new brand, \"HYCAN,\" and introduced its first mass-produced model, the 007.</p><p><img src=\"https://static.tigerbbs.com/41421e69999953af1285c6b40308adef\" tg-width=\"550\" tg-height=\"366\" referrerpolicy=\"no-referrer\">Source:<a href=\"https://laohu8.com/S/02238\">GAC Group</a>official</p><p>According to official information, the GAC NIO 007 was born from the pure electric GEP2.0 platform of GAC New Energy's intelligent ecosystem factory, while also incorporating the intelligent technology genes of Nio. Therefore, 007 is known as \"Little Nio\" by the market, and GAC has set a sales target of \"15,000 vehicles in 2020\" for 007.</p><p>However, GAC NIO has not gained consumer recognition. According to data from the China Passenger Car Association, GAC NIO sold only 659 vehicles in 2020, a dismal sales performance.</p><p>Xiao Ming, a sales consultant at GAC NIO, analyzed for Future auto Daily (ID: auto-time) that as a brand jointly invested and operated independently by GAC and Nio, \"many consumers simply cannot distinguish between GAC NIO and Nio.\" The 007 is very similar to models such as the GAC AION LX and Nio ES6 in many ways, and the problem of homogenization is prominent.</p><p>In addition, GAC NIO has experienced multiple marketing incidents, which have greatly affected its brand image. This may have exacerbated the \"disintegration\" between GAC and Nio.</p><p>At the end of 2020, GAC NIO officially announced...<a href=\"https://laohu8.com/S/WB\">Weibo</a>They announced they would accept digital currency for car purchases Because Bitcoin is not legal tender in China, GAC NIO quickly faced criticism from netizens and the media. Two hours later, the official Weibo post was deleted.</p><p><img src=\"https://static.tigerbbs.com/7ea7142fe3de9dcc9fcba4e31b6eafae\" tg-width=\"550\" tg-height=\"610\" referrerpolicy=\"no-referrer\">Source: Nio official</p><p>\"The (outrageous) performance in marketing may be due to financial constraints,\" Xiao Ming said. According to Tianyancha, GAC NIO's registered capital is 500 million yuan. GAC NIO has not received public financing in more than two years since its establishment. Its announcement shows that it only received 2.405 billion yuan in strategic investment from Zhujiang Investment Management and GAC Aion in January of this year.</p><p>“GAC NIO is short of money, but Nio may not have enough money and energy to operate GAC NIO,” Wang Yuan believes.</p><p>However, Qin Lihong, co-founder and president of Nio Motor Company, clarified that although they faced some financial challenges, the money invested in the joint venture was not affected. \"Their (GAC NIO and Changan Nio) development (setbacks) were not (simply because of) money issues.\"</p><p>\"Nio will always bless and help them (Changan Nio and GAC NIO), but they need to find their own path.\"</p><p><b>2</b></p><p><b>How can their respective \"high-end dreams\" be realized?</b></p><p>After abandoning Nio, Changan found new partners—Huawei and CATL.</p><p>According to Changan Automobile, Huawei will leverage its ICT technology advantages to jointly build a full value chain with Avita Technology, including R&D, channels, services, and ecosystem, to provide users with full-stack intelligent vehicle solutions and achieve the level of intelligence in electric vehicles. As a power battery provider and new energy solution service provider, CATL empowers Avita Technology with intelligent electric vehicle power battery technology to jointly create a safe and convenient energy ecosystem.</p><p><img src=\"https://static.tigerbbs.com/395d65636f06d67a7219b5c99a09baf7\" tg-width=\"550\" tg-height=\"303\" referrerpolicy=\"no-referrer\">Source: Huawei official website</p><p>Joining forces with Huawei may be the best choice for Changan to accelerate the development of its intelligent electric vehicle business. After all, several automakers that have partnered with Huawei so far have all \"tasted success\". Collaborating with Huawei to develop the Seres SF5<a href=\"https://laohu8.com/S/601127\">Sokon Group</a>BAIC, which successfully doubled its stock price and jointly launched the Jihu Alfa S with Huawei, also experienced a continuous surge.</p><p>On the other hand, if Changan wants to achieve success in the field of high-end new energy vehicles and secure funding and technology in its own hands, it still needs to rely on itself. After all, Huawei has a large number of automotive customers, and how to gain a differentiated advantage is a challenge.</p><p>\"I tried this model (of automakers collaborating with Huawei) at UC before, but it failed miserably.\"<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>Chairman He Xiaopeng stated frankly in a media interview. He believes that automakers relying on Huawei is like mobile phone manufacturers outsourcing their operating systems; this kind of cooperation is very challenging. Only<a href=\"https://laohu8.com/S/AAPL\">Apple</a>Only by adopting a vertical integration model that integrates software and hardware can we take control of our core competitiveness.</p><p>On May 24, Huawei issued another statement reiterating, \"To date, we have not invested in any car companies. We will not invest in any car companies in the future, much less hold controlling stakes or participate in them.\"</p><p>As if anticipating Huawei's \"decisiveness,\" Changan Automobile's stock price fell by 6.30% after Changan Nio changed its name to Avita Technology, a stark contrast to the previous surge in the stock prices of \"Huawei automotive concept stocks\" such as Sokon Group.</p><p>GAC NIO found a new partner in January of this year – Zhujiang Investment Management.</p><p><img src=\"https://static.tigerbbs.com/af7ff90335425adbb55651f2f1a44354\" tg-width=\"550\" tg-height=\"366\" referrerpolicy=\"no-referrer\">Source: Hycan Auto</p><p>On January 6, GAC Group issued an announcement stating that it agreed to its joint venture, GAC NIO, to implement a capital increase and share expansion plan by introducing strategic investors GAC Aion and Zhujiang Investment Management, and signed related agreements for the capital increase and share expansion, with a total capital increase of approximately RMB 2.405 billion.</p><p>According to the plan, GAC NIO hopes to deliver 250,000 vehicles and generate a total output value of over 40 billion yuan by 2025. Regarding new cars, GAC NIO will launch an A-class sedan and an A-class SUV this year based on the GAC Aion model. The A-class sedan may be priced under 200,000 yuan.</p><p>On April 6, GAC NIO officially changed its name to Hycan Technology. Yang Ying, CEO of Hycan Auto, believes that \"Pearl River Investment Management Group has a presence in cutting-edge technology fields such as artificial intelligence, big data applications, blockchain, intelligent manufacturing, data supercomputing and processing, as well as in new retail supermarkets such as Hopson One. Hycan Auto can leverage these advantages to participate in multiple car usage scenarios for consumers and provide a more comprehensive service experience.\"</p><p>Despite the high-level confidence, the awkward reality cannot be ignored. Competitive pressure from its sibling, GAC Aion, still exists. How to clearly distinguish Hechuang's new car from GAC Aion's products is an unavoidable challenge.</p><p>(At the interviewee's request, some figures in this article are pseudonyms.)</p>","source":"sina_symbol","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why was Nio \"abandoned\" after announcing a breakup on May 20th?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy was Nio \"abandoned\" after announcing a breakup on May 20th?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">36氪</strong><span class=\"h-time small\">2021-05-24 22:16</span>\n</p>\n</h4>\n</header>\n<article>\n<p>After years of working together, both of Nio' relationships with traditional automakers ended without a trace.</p><p>May 20th is considered another Valentine's Day by young people because of its homophone.<a href=\"https://laohu8.com/S/000625\">Changan Automobile</a>However, on this day, it issued a \"breakup\" announcement, and its holding subsidiary \"Changan Nio\" was officially renamed Avita Technology. Avita Technology will operate entirely in a market-oriented manner, operate independently, and develop independently, partnering with Changan Automobile, Huawei, and others.<a href=\"https://laohu8.com/S/300750\">CATL</a>Working together to create<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>The Connected Electric Vehicle (CHN) platform aims to create a series of intelligent vehicle products.</p><p>With the establishment of Avita Technology, the role of Nio has diminished in Changan's projects to build a high-end new energy brand. According to Tianyancha, Nio only holds 4.62% of the company's shares left.</p><p>On the other hand, GAC and Nio also quietly ended their relationship. On April 6, GAC NIO officially changed its name to Hycan Technology. According to Tianyancha, Nio shares have been diluted to only 4.4589%, and Li Bin, founder and chairman of Nio, stepped down as the legal representative of GAC NIO in January this year.</p><p>Both of Nio' relationships began in 2017, with Nio dating Changan Automobile in April and December of that year, respectively.<a href=\"https://laohu8.com/S/601238\">GAC Group</a>A strategic cooperation agreement was signed. \"Just like dating and getting married, you initially observe many people and finally choose the most suitable one,\" said Zhu Huarong, chairman of Changan Automobile, at the signing ceremony.</p><p>The \"most suitable\" partner at the time seems to be no longer suitable, but after joining hands with the newcomers, Changan and GAC's path to high-end new energy vehicles may still not be easy.</p><p><b>1</b></p><p><b>The story behind the breakup</b></p><p>According to Li Bin's earlier statement, the joint venture project between Nio and Changan is actually a case of \"each learning from their own strengths\". Nio needs to leverage Changan's strengths in R&D, manufacturing, and supply chain, while Changan has high hopes for NIO's advantages in electric vehicles, electronics, and intelligent technologies.</p><p>In August 2018, Changan Nio was established in Nanjing Jiangning Development Zone. Since then, Changan Nio has made little substantial progress. For more than two years, Changan Nio has made no progress in its strategic planning, brand LOGO, and products.</p><p><img src=\"https://static.tigerbbs.com/b8d4a5af89da269277bcc7ed798c41ec\" tg-width=\"550\" tg-height=\"367\" referrerpolicy=\"no-referrer\">Source: Changan Nio official website</p><p>Under these circumstances, Chang'an became somewhat restless. In June 2020, Changan Nio underwent business registration changes. Tan Benhong, executive vice president of Changan Automobile, succeeded Li Bin as chairman of Changan Nio. Through cash capital increases and other means, Changan increased its total stake in Changan Nio to 95.38%, while Nio only held 4.62%.</p><p>Regarding \"giving up\" Nio,<a href=\"https://laohu8.com/S/600030\">CITIC Securities</a>Automotive analyst Wang Yuan believes that Changan originally \"hoped to build its own mid-to-high-end brand with the help of Changan Nio' team,\" but Changan Nio is progressing slowly. After the equity adjustment, \"Changan can firmly grasp control of Changan Nio,\" which makes it easier to control the pace of brand planning.</p><p>But in fact, Nio had his own difficulties.</p><p>Shortly after Changan Nio settled in Nanjing, Nio entered the \"most difficult year of 2019,\" and Li Bin was jokingly referred to as \"the most miserable person in 2019.\" In 2019, Nio suffered negative incidents such as vehicle spontaneous combustion and breakdowns, and its performance was also \"appalling\". Financial reports show that Nio suffered losses of over 11 billion yuan in 2019, with average monthly sales of less than 2,000 vehicles. At that time, Nio \"seemed willing but unable to handle joint venture projects.\"</p><p>It wasn't until April 29 last year, when Nio China's headquarters moved into Hefei and successfully secured 7 billion yuan in strategic investment, that the situation in Nio improved. \"But Nio, who received the life-saving money, is probably more concerned with saving himself.\"</p><p>Compared to Changan Nio, GAC NIO \"runs faster\".</p><p>On April 10, 2018, GAC NIO was officially established. A year later, GAC NIO launched its new brand, \"HYCAN,\" and introduced its first mass-produced model, the 007.</p><p><img src=\"https://static.tigerbbs.com/41421e69999953af1285c6b40308adef\" tg-width=\"550\" tg-height=\"366\" referrerpolicy=\"no-referrer\">Source:<a href=\"https://laohu8.com/S/02238\">GAC Group</a>official</p><p>According to official information, the GAC NIO 007 was born from the pure electric GEP2.0 platform of GAC New Energy's intelligent ecosystem factory, while also incorporating the intelligent technology genes of Nio. Therefore, 007 is known as \"Little Nio\" by the market, and GAC has set a sales target of \"15,000 vehicles in 2020\" for 007.</p><p>However, GAC NIO has not gained consumer recognition. According to data from the China Passenger Car Association, GAC NIO sold only 659 vehicles in 2020, a dismal sales performance.</p><p>Xiao Ming, a sales consultant at GAC NIO, analyzed for Future auto Daily (ID: auto-time) that as a brand jointly invested and operated independently by GAC and Nio, \"many consumers simply cannot distinguish between GAC NIO and Nio.\" The 007 is very similar to models such as the GAC AION LX and Nio ES6 in many ways, and the problem of homogenization is prominent.</p><p>In addition, GAC NIO has experienced multiple marketing incidents, which have greatly affected its brand image. This may have exacerbated the \"disintegration\" between GAC and Nio.</p><p>At the end of 2020, GAC NIO officially announced...<a href=\"https://laohu8.com/S/WB\">Weibo</a>They announced they would accept digital currency for car purchases Because Bitcoin is not legal tender in China, GAC NIO quickly faced criticism from netizens and the media. Two hours later, the official Weibo post was deleted.</p><p><img src=\"https://static.tigerbbs.com/7ea7142fe3de9dcc9fcba4e31b6eafae\" tg-width=\"550\" tg-height=\"610\" referrerpolicy=\"no-referrer\">Source: Nio official</p><p>\"The (outrageous) performance in marketing may be due to financial constraints,\" Xiao Ming said. According to Tianyancha, GAC NIO's registered capital is 500 million yuan. GAC NIO has not received public financing in more than two years since its establishment. Its announcement shows that it only received 2.405 billion yuan in strategic investment from Zhujiang Investment Management and GAC Aion in January of this year.</p><p>“GAC NIO is short of money, but Nio may not have enough money and energy to operate GAC NIO,” Wang Yuan believes.</p><p>However, Qin Lihong, co-founder and president of Nio Motor Company, clarified that although they faced some financial challenges, the money invested in the joint venture was not affected. \"Their (GAC NIO and Changan Nio) development (setbacks) were not (simply because of) money issues.\"</p><p>\"Nio will always bless and help them (Changan Nio and GAC NIO), but they need to find their own path.\"</p><p><b>2</b></p><p><b>How can their respective \"high-end dreams\" be realized?</b></p><p>After abandoning Nio, Changan found new partners—Huawei and CATL.</p><p>According to Changan Automobile, Huawei will leverage its ICT technology advantages to jointly build a full value chain with Avita Technology, including R&D, channels, services, and ecosystem, to provide users with full-stack intelligent vehicle solutions and achieve the level of intelligence in electric vehicles. As a power battery provider and new energy solution service provider, CATL empowers Avita Technology with intelligent electric vehicle power battery technology to jointly create a safe and convenient energy ecosystem.</p><p><img src=\"https://static.tigerbbs.com/395d65636f06d67a7219b5c99a09baf7\" tg-width=\"550\" tg-height=\"303\" referrerpolicy=\"no-referrer\">Source: Huawei official website</p><p>Joining forces with Huawei may be the best choice for Changan to accelerate the development of its intelligent electric vehicle business. After all, several automakers that have partnered with Huawei so far have all \"tasted success\". Collaborating with Huawei to develop the Seres SF5<a href=\"https://laohu8.com/S/601127\">Sokon Group</a>BAIC, which successfully doubled its stock price and jointly launched the Jihu Alfa S with Huawei, also experienced a continuous surge.</p><p>On the other hand, if Changan wants to achieve success in the field of high-end new energy vehicles and secure funding and technology in its own hands, it still needs to rely on itself. After all, Huawei has a large number of automotive customers, and how to gain a differentiated advantage is a challenge.</p><p>\"I tried this model (of automakers collaborating with Huawei) at UC before, but it failed miserably.\"<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>Chairman He Xiaopeng stated frankly in a media interview. He believes that automakers relying on Huawei is like mobile phone manufacturers outsourcing their operating systems; this kind of cooperation is very challenging. Only<a href=\"https://laohu8.com/S/AAPL\">Apple</a>Only by adopting a vertical integration model that integrates software and hardware can we take control of our core competitiveness.</p><p>On May 24, Huawei issued another statement reiterating, \"To date, we have not invested in any car companies. We will not invest in any car companies in the future, much less hold controlling stakes or participate in them.\"</p><p>As if anticipating Huawei's \"decisiveness,\" Changan Automobile's stock price fell by 6.30% after Changan Nio changed its name to Avita Technology, a stark contrast to the previous surge in the stock prices of \"Huawei automotive concept stocks\" such as Sokon Group.</p><p>GAC NIO found a new partner in January of this year – Zhujiang Investment Management.</p><p><img src=\"https://static.tigerbbs.com/af7ff90335425adbb55651f2f1a44354\" tg-width=\"550\" tg-height=\"366\" referrerpolicy=\"no-referrer\">Source: Hycan Auto</p><p>On January 6, GAC Group issued an announcement stating that it agreed to its joint venture, GAC NIO, to implement a capital increase and share expansion plan by introducing strategic investors GAC Aion and Zhujiang Investment Management, and signed related agreements for the capital increase and share expansion, with a total capital increase of approximately RMB 2.405 billion.</p><p>According to the plan, GAC NIO hopes to deliver 250,000 vehicles and generate a total output value of over 40 billion yuan by 2025. Regarding new cars, GAC NIO will launch an A-class sedan and an A-class SUV this year based on the GAC Aion model. The A-class sedan may be priced under 200,000 yuan.</p><p>On April 6, GAC NIO officially changed its name to Hycan Technology. Yang Ying, CEO of Hycan Auto, believes that \"Pearl River Investment Management Group has a presence in cutting-edge technology fields such as artificial intelligence, big data applications, blockchain, intelligent manufacturing, data supercomputing and processing, as well as in new retail supermarkets such as Hopson One. Hycan Auto can leverage these advantages to participate in multiple car usage scenarios for consumers and provide a more comprehensive service experience.\"</p><p>Despite the high-level confidence, the awkward reality cannot be ignored. Competitive pressure from its sibling, GAC Aion, still exists. How to clearly distinguish Hechuang's new car from GAC Aion's products is an unavoidable challenge.</p><p>(At the interviewee's request, some figures in this article are pseudonyms.)</p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://36kr.com/p/1238480617460099\">36氪</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/41421e69999953af1285c6b40308adef","relate_stocks":{"601238":"广汽集团","NIO":"蔚来","000625":"长安汽车"},"source_url":"https://36kr.com/p/1238480617460099","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137158515","content_text":"携手多年,蔚来与传统车企的两段“恋情”均无疾而终。\n5月20日,这一天因谐音被年轻人视作另一个情人节。长安汽车却在这一天发布了一则“分手”公告,其控股子公司“长安蔚来”正式更名为阿维塔科技。阿维塔科技将完全市场化运作,独立经营,独立发展,与长安汽车、华为、宁德时代携手共创智能电动网联汽车平台(CHN),打造智能汽车产品系列。\n伴随着阿维塔科技的成立,长安打造高端新能源品牌的项目里,蔚来的角色更加淡化。天眼查显示,蔚来所持该公司股份仅剩4.62%。\n另一边,广汽和蔚来也默默结束了恋情。4月6日,广汽蔚来正式更名为合创科技。天眼查显示,蔚来股份被稀释到仅剩4.4589%,蔚来创始人、董事长李斌于今年1月退出广汽蔚来法定代表人。\n蔚来的两段恋情均开始于2017年,当年4月和12月,蔚来分别和长安汽车、广汽集团签署了战略合作协议。“就像谈恋爱结婚一样,最初会观察很多人,最后会选择最合适的那个。”签约仪式上,长安汽车董事长朱华荣曾这样说道。\n当初“最合适”的合作对象似乎已不再适宜,但携手新人后,长安和广汽的高端新能源之路或许仍不轻松。\n1\n分手背后的故事\n按照李斌早前的说法,蔚来与长安的合资项目其实是一种“各取所长”。蔚来需要借助长安在研发制造与供应链方面的实力,长安则对蔚来的三电、智能化技术优势抱有期望。\n2018年8月,长安蔚来落户于南京江宁开发区。在此之后,长安蔚来却鲜有实质性进展。两年多时间,长安蔚来的战略规划、品牌LOGO和产品并无进展。\n来源:长安蔚来官方\n在此情况下,长安有些坐不住了。2020年6月,长安蔚来发生工商变更。长安汽车执行副总裁谭本宏接替李斌成为长安蔚来的董事长。通过现金增资等方式,长安合计持有长安蔚来的股权增加至95.38%,蔚来仅持有4.62%。\n关于“放弃”蔚来,中信证券汽车分析师王媛认为,长安本来“希望借助长安蔚来的团队打造自己的中高端品牌”,但长安蔚来进展缓慢,调整股权后“长安可以将长安蔚来的控制权紧紧掌握在自己手中”,便于掌控品牌规划的节奏。\n但其实,蔚来有自己的苦衷。\n长安蔚来落户南京不久后,蔚来便步入“最艰难的2019年”,李斌也被调侃为“2019最惨的人”。2019年,蔚来遭遇了车辆自燃、趴窝等负面事件,业绩也“惨不忍睹”。财报显示,2019年蔚来亏损超过110亿元,月均销量不足2000辆。彼时的蔚来,“对合资项目似乎心有余而力不足”。\n直到去年4月29日,蔚来中国总部入驻合肥,并顺利拿下70亿元战略投资,蔚来的情况才有所好转。“但拿到救命钱的蔚来,更关注的可能是救自己。”\n相较于长安蔚来,广汽蔚来算“跑得比较快”。\n2018年4月10日,广汽蔚来正式成立。一年后,广汽蔚来便发布了旗下全新品牌——“HYCAN 合创”,并推出了首款量产车型007。\n来源:广汽集团官方\n据官方介绍,广汽蔚来007诞生于广汽新能源智能生态工厂纯电GEP2.0平台,同时融入了蔚来的智能化科技基因。因此,007被市场称为“小蔚来”,广汽为007制定了“2020年1.5万辆”的销量目标。\n然而,广汽蔚来并未获得消费者的认可。乘联会数据显示,广汽蔚来2020年销量仅659辆,销量惨淡。\n广汽蔚来销售顾问肖明向未来汽车日报(ID:auto-time)分析称,作为由广汽和蔚来共同投资且独立运营的品牌,“很多消费者根本分不清广汽蔚来和蔚来有什么区别”,007与广汽AION LX、蔚来ES6等车型在很多方面十分雷同,同质化问题突出。\n此外,广汽蔚来还发生过多次营销事故,品牌形象大受影响。这或许加剧了广汽与蔚来的“分崩离析”。\n2020年末,广汽蔚来在官方微博宣布接受数字货币购车。由于比特币在中国并非法定货币,广汽蔚来迅速遭到网友和媒体的批评,两个小时后,官方删除了此条微博。\n来源:蔚来官方\n“在营销方面的(出格)表现或许是因为受困于资金限制”,肖明称。天眼查显示,广汽蔚来的注册资金为5亿元人民币。广汽蔚来成立两年多未获得公开融资,其发布的公告显示,直到今年1月才获得珠江投管和广汽埃安的24.05亿元战略投资。\n“广汽蔚来缺钱,但蔚来可能没有充足的钱和精力去经营广汽蔚来。”王媛认为。\n不过,蔚来汽车联合创始人、总裁秦力洪曾澄清道,虽然在财务方面面临一些挑战,但是投向合资公司的钱并未受影响,“它们(广汽蔚来和长安蔚来)的发展(遇挫),也不是(单纯因为)钱的问题 ”。\n“蔚来永远祝福、帮助它们(长安蔚来和广汽蔚来),但是它们的路需要自己去找。”\n2\n各自的“高端梦”如何实现?\n放弃蔚来后,长安找到了新的伴侣——华为和宁德时代。\n据长安汽车介绍,华为将发挥其ICT技术优势,与阿维塔科技联合构建研发、渠道、服务、生态等全价值链环节,为用户提供全栈智能汽车解决方案,实现电动汽车智能化水平。宁德时代作为动力电池提供商和新能源解决方案服务商,以智能电动汽车动力电池技术赋能阿维塔科技,共创安全便捷的能源生态系统。\n来源:华为官方\n联手华为,或许是长安加速推进智能电动车业务最好的选择。毕竟,目前牵手华为的几家车企均“尝到了甜头”。与华为共同打造赛力斯 SF5 的小康股份喜提股价翻倍,与华为联合发布极狐阿尔法 S 的北汽也迎来连续大涨。\n但另一方面,要想在高端新能源车领域有所成就,将资金和技术抓在自己手中,长安还得靠自己。毕竟,华为的汽车客户众多,如何取得差异化优势,是个难题。\n“(车企与华为合作的)这种模式,以前我在UC尝试过,后来死得很惨。”小鹏汽车董事长何小鹏接受媒体采访时曾直言。他认为,车企依赖华为,就像手机制造商把操作系统交给外人来做,这种合作方式挑战很大。只有苹果采用的软硬件一体化的垂直整合模式,才能把核心竞争力掌握在自己手里。\n5月24日,华为再次发布声明重申道,“至今为止,我们并未投资任何车企。未来也不会投资任何车企,更不会控股、参股。”\n仿佛是预见到华为如此“绝然”,在长安蔚来更名为阿维塔科技后,长安汽车的股价下跌6.30%,与此前小康股份等“华为汽车概念股”股价疯涨截然相反。\n广汽蔚来则在今年1月找到了新的合作伙伴——珠江投管。\n来源:合创汽车\n1月6日,广汽集团发布公告称,同意其合营公司广汽蔚来通过引入战略投资者广汽埃安、珠江投管实施增资扩股方案并签署增资扩股相关的协议,共计增资约24.05亿元。\n根据规划,广汽蔚来希望能在2025年实现交付量25万辆,总产值超400亿元。在新车方面,广汽蔚来将基于广汽埃安的车型,在今年推出A级轿车和A级SUV,其中A级轿车的售价或将定为20万元以内。\n4月6日,广汽蔚来正式更名为合创科技。合创汽车CEO杨颖认为,“珠江投管集团在人工智能、大数据应用、区块链、智能制造、数据超算及处理等前瞻科技领域,以及合生汇等新零售商超业态领域均有布局。合创汽车可以借助这些优势参与消费者的多个用车场景,提供更完善的服务体验。”\n尽管高层信心满满,尴尬的现实仍无法忽视。来自同门兄弟广汽埃安的竞争压力依然存在。合创的新车如何与广汽埃安的产品清晰地彼此区分,是无法回避的一大难题。\n(应受访者要求,文中部分人物为化名)","news_type":1,"symbols_score_info":{"601238":0.9,"000625":0.9,"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":4789,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138128803,"gmtCreate":1621918917702,"gmtModify":1704364447822,"author":{"id":"3581155580868820","authorId":"3581155580868820","name":"风雪腊梅","avatar":"https://static.tigerbbs.com/6098bb5390cb75567a6e67bf6a793e29","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581155580868820","authorIdStr":"3581155580868820"},"themes":[],"title":"","htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138128803","repostId":"2138503001","repostType":2,"repost":{"id":"2138503001","kind":"news","pubTimestamp":1621907817,"share":"https://ttm.financial/m/news/2138503001?lang=en_US&edition=fundamental","pubTime":"2021-05-25 09:56","market":"us","language":"zh","title":"Goldman Sachs raises its target price for CSPC Pharmaceutical (01093.HK) to HK$13.5 with a \"Buy\" rating.","url":"https://stock-news.laohu8.com/highlight/detail?id=2138503001","media":"AAFN","summary":"高盛发表报告,将石药集团 2021至2023年各年净利润预测分别上调7.6%、4.2%、5.9%,以分类加总估值法计,将目标价由12.5元提高至13.5元,评级「买入」,包括创新药估值由1,110亿元下调至859亿元,以反映新药降价的影响,不过仿制药估值就由240亿元上调至520亿元,因随着更多新的非专利药通过带量采购获得市场份额,令相关业务增长前景将得到改善。而考虑到疫情期间价格上涨,原料药估值由140亿元上调至230亿元。","content":"<p><div>Goldman Sachs issued a report raising its net profit forecasts for CSPC Pharmaceutical Group by 7.6%, 4.2%, and 5.9% for 2021, 2023, and raising its target price from RMB 12.5 to RMB 13.5 using the category-based aggregate valuation method, with a \"buy\" rating. This includes lowering the valuation of innovative drugs from RMB 111 billion to RMB 85.9 billion to reflect the impact of new drug price reductions. However, the valuation of generic drugs was raised from RMB 24 billion to RMB 52 billion, as more new generic drugs gain market share through volume-based procurement, improving the growth prospects of related businesses. Considering the price increase during the pandemic, raw materials for pharmaceuticals...</p><p><a href=\"http://www.aastocks.com/apps/data/iphone/news/newscontent.aspx?newsid=NOW.1100825&style=5&chgstyle=1&categoryid=stock&width=320&market_id=hk&fontary=3&platform=iPhone&language=sc&isfirstreq=1&sourceid=aafn&datatype=0\">Web page link</a></div></p>","source":"aastocks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Sachs raises its target price for CSPC Pharmaceutical (01093.HK) to HK$13.5 with a \"Buy\" rating.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sachs raises its target price for CSPC Pharmaceutical (01093.HK) to HK$13.5 with a \"Buy\" rating.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">AAFN</strong><span class=\"h-time small\">2021-05-25 09:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div>Goldman Sachs issued a report raising its net profit forecasts for CSPC Pharmaceutical Group by 7.6%, 4.2%, and 5.9% for 2021, 2023, and raising its target price from RMB 12.5 to RMB 13.5 using the category-based aggregate valuation method, with a \"buy\" rating. This includes lowering the valuation of innovative drugs from RMB 111 billion to RMB 85.9 billion to reflect the impact of new drug price reductions. However, the valuation of generic drugs was raised from RMB 24 billion to RMB 52 billion, as more new generic drugs gain market share through volume-based procurement, improving the growth prospects of related businesses. Considering the price increase during the pandemic, raw materials for pharmaceuticals...</p><p><a href=\"http://www.aastocks.com/apps/data/iphone/news/newscontent.aspx?newsid=NOW.1100825&style=5&chgstyle=1&categoryid=stock&width=320&market_id=hk&fontary=3&platform=iPhone&language=sc&isfirstreq=1&sourceid=aafn&datatype=0\">Web page link</a></div></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"http://www.aastocks.com/apps/data/iphone/news/newscontent.aspx?newsid=NOW.1100825&style=5&chgstyle=1&categoryid=stock&width=320&market_id=hk&fontary=3&platform=iPhone&language=sc&isfirstreq=1&sourceid=aafn&datatype=0\">AAFN</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4b6684517506a0b0f4c4c5a1c4889261","relate_stocks":{"01093":"石药集团"},"source_url":"http://www.aastocks.com/apps/data/iphone/news/newscontent.aspx?newsid=NOW.1100825&style=5&chgstyle=1&categoryid=stock&width=320&market_id=hk&fontary=3&platform=iPhone&language=sc&isfirstreq=1&sourceid=aafn&datatype=0","is_english":false,"share_image_url":"https://static.laohu8.com/51f6b9126f36f92bbf92982596066e5a","article_id":"2138503001","content_text":"高盛发表报告,将石药集团 2021至2023年各年净利润预测分别上调7.6%、4.2%、5.9%,以分类加总估值法计,将目标价由12.5元提高至13.5元,评级「买入」,包括创新药估值由1,110亿元下调至859亿元,以反映新药降价的影响,不过仿制药估值就由240亿元上调至520亿元,因随着更多新的非专利药通过带量采购获得市场份额,令相关业务增长前景将得到改善。而考虑到疫情期间价格上涨,原料药估值由140亿元上调至230亿元。高盛指,石药第一季销售额为67亿元人民币,按年同比增长9.9%,略高於预期,主要因为降价後新产品的销售增长较快,而且肿瘤产品组合强劲。即使产品降价,但第一季的利润率明显扩张,毛利率按年扩张3.1个百分点至77%,预计全年的研发费用将达到34亿元,以支持加快临床进度。(ha/da)~阿思达克财经新闻网址: www.aastocks.com","news_type":1,"symbols_score_info":{"01093":1}},"isVote":1,"tweetType":1,"viewCount":5067,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131739657,"gmtCreate":1621894878679,"gmtModify":1704363837443,"author":{"id":"3581155580868820","authorId":"3581155580868820","name":"风雪腊梅","avatar":"https://static.tigerbbs.com/6098bb5390cb75567a6e67bf6a793e29","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581155580868820","authorIdStr":"3581155580868820"},"themes":[],"title":"","htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/131739657","repostId":"2136991934","repostType":2,"isVote":1,"tweetType":1,"viewCount":4993,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131730649,"gmtCreate":1621894834881,"gmtModify":1704363835488,"author":{"id":"3581155580868820","authorId":"3581155580868820","name":"风雪腊梅","avatar":"https://static.tigerbbs.com/6098bb5390cb75567a6e67bf6a793e29","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581155580868820","authorIdStr":"3581155580868820"},"themes":[],"title":"","htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/131730649","repostId":"2138156307","repostType":2,"isVote":1,"tweetType":1,"viewCount":4903,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131489741,"gmtCreate":1621873805683,"gmtModify":1704363732130,"author":{"id":"3581155580868820","authorId":"3581155580868820","name":"风雪腊梅","avatar":"https://static.tigerbbs.com/6098bb5390cb75567a6e67bf6a793e29","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581155580868820","authorIdStr":"3581155580868820"},"themes":[],"title":"","htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/131489741","repostId":"1184977128","repostType":2,"repost":{"id":"1184977128","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621820119,"share":"https://ttm.financial/m/news/1184977128?lang=en_US&edition=fundamental","pubTime":"2021-05-24 09:35","market":"hk","language":"zh","title":"New Hope Services has a 50.01% success rate in winning a single lot; every 10 lots subscribed is guaranteed to win one lot.","url":"https://stock-news.laohu8.com/highlight/detail?id=1184977128","media":"老虎资讯综合","summary":"5月24日,$新希望服务$发布公告,发售价已按每股发售股份3.80港元厘定,预期股份将于2021年5月25日上午九时正开始在联交所买卖,股份将以每手1,000股股份为单位进行买卖。一手中签率50.01%,认购10手稳中一手。香港公开发售的发售股份最终数目为2000万股,相当于任何超额配股权获行使前根据全球发售初步可供认购发售股份总数的10.0%。截至本公告日期,超额配股权尚未获行使。","content":"<p>On May 24,<a href=\"https://laohu8.com/S/03658\">New Hope service</a>According to an announcement, the Offer Price has been fixed at HK$3.80 per Offer Share, and it is expected that dealings in the Shares on the Stock Exchange will commence at 9:00 a.m. on May 25, 2021, and the Shares will be traded in board lots of 1,000 Shares. Based on the offer price of HK$3.80 per offer share, the company is estimated to receive net proceeds from the global offering of approximately HK$707 million.</p><p><img src=\"https://static.tigerbbs.com/f7f85e82f8f9efb4f937d407ae8b6733\" tg-width=\"1059\" tg-height=\"824\" referrerpolicy=\"no-referrer\"></p><p><b>Allocation Results:</b></p><p>Group A has 1,000 shares per lot, with an entry fee of HK$4,747.37. The success rate for a single lot is 50.01%, and subscribing to 10 lots guarantees one lot.</p><p>Group B consists of 1.5 million shares (1,500 lots), with approximately HK$7,121,2042.85 required for subscription, and 1.5 million shares (1,500 lots) were allocated.</p><p><img src=\"https://static.tigerbbs.com/2c728eeb8ddfd6d91ae851b582887681\" tg-width=\"780\" tg-height=\"446\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b773ec6c9871b372073c187926de0f76\" tg-width=\"769\" tg-height=\"685\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/817e46d9b3b39cba82e51b7bd54628ec\" tg-width=\"783\" tg-height=\"198\" referrerpolicy=\"no-referrer\"></p><p>A total of 14,792 valid applications were received under the Hong Kong Public Offering, involving a total of 95.073 million shares, which is approximately 4.75 times the total number of 20 million shares offered in Hong Kong. No Offer Shares were reallocated from the International Offering to the Hong Kong Public Offering as the Hong Kong Public Offering was oversubscribed by less than 15 times. The final number of Offer Shares in the Hong Kong Public Offering is 20 million, representing 10.0% of the total number of Offer Shares initially available for subscription under the Global Offering prior to the exercise of any Over-allotment Option.</p><p>The Offer Shares initially offered under the International Offering have been moderately oversubscribed, and the oversubscription in the International Offering represents 1.78 times the total number of Offer Shares initially available under the International Offering. There are 130 placees in the International Offering. The final number of Offer Shares allocated to placees under the International Offering is 210 million.</p><p>Pursuant to the International Offering and pursuant to the Cornerstone Investment Agreement with the Cornerstone Investors, the number of Offer Shares subscribed by the Cornerstone Investors, namely Neptune Investment Holdings Limited (Neptune), Green Better Limited, Peak Reinsurance Limited, China Sichuan International Investment Limited, Keltic Investment (HK) Limited, and Golden Star International Pty Limited, has now been determined. Neptune, Green Better, Peak Reinsurance, Sichuan International Investment, Keltic, and Golden Star have subscribed for 30.63 million, 10.213 million, 10.21 million, 20.394 million, 18.947 million, and 10.21 million Offer Shares, respectively, representing approximately 15.3%, 5.1%, 5.1%, 10.2%, 9.5%, and 5.1% of the number of Offer Shares under the Global Offering, assuming the Over-allotment Option is not exercised. And approximately 3.8%, 1.3%, 1.3%, 2.6%, 2.4% and 1.3% of the total issued share capital of the Company upon completion of the Global Offering.</p><p>In addition, the Company has granted an over-allotment option to the International Underwriters, which may be exercised by the Sole Global Coordinator at any time from the date of the International Underwriting Agreement until 30 days after the last date for submitting applications for the Hong Kong Public Offering, to require the Company to issue up to 30 million Shares (representing 15% of the Offer Shares initially available for subscription under the Global Offering) at the offer price of the International Offering to make up for the over-allocation in the International Offering (if any). As at the date of this announcement, the Over-allotment Option has not been exercised.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>New Hope Services has a 50.01% success rate in winning a single lot; every 10 lots subscribed is guaranteed to win one lot.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNew Hope Services has a 50.01% success rate in winning a single lot; every 10 lots subscribed is guaranteed to win one lot.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-24 09:35</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On May 24,<a href=\"https://laohu8.com/S/03658\">New Hope service</a>According to an announcement, the Offer Price has been fixed at HK$3.80 per Offer Share, and it is expected that dealings in the Shares on the Stock Exchange will commence at 9:00 a.m. on May 25, 2021, and the Shares will be traded in board lots of 1,000 Shares. Based on the offer price of HK$3.80 per offer share, the company is estimated to receive net proceeds from the global offering of approximately HK$707 million.</p><p><img src=\"https://static.tigerbbs.com/f7f85e82f8f9efb4f937d407ae8b6733\" tg-width=\"1059\" tg-height=\"824\" referrerpolicy=\"no-referrer\"></p><p><b>Allocation Results:</b></p><p>Group A has 1,000 shares per lot, with an entry fee of HK$4,747.37. The success rate for a single lot is 50.01%, and subscribing to 10 lots guarantees one lot.</p><p>Group B consists of 1.5 million shares (1,500 lots), with approximately HK$7,121,2042.85 required for subscription, and 1.5 million shares (1,500 lots) were allocated.</p><p><img src=\"https://static.tigerbbs.com/2c728eeb8ddfd6d91ae851b582887681\" tg-width=\"780\" tg-height=\"446\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b773ec6c9871b372073c187926de0f76\" tg-width=\"769\" tg-height=\"685\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/817e46d9b3b39cba82e51b7bd54628ec\" tg-width=\"783\" tg-height=\"198\" referrerpolicy=\"no-referrer\"></p><p>A total of 14,792 valid applications were received under the Hong Kong Public Offering, involving a total of 95.073 million shares, which is approximately 4.75 times the total number of 20 million shares offered in Hong Kong. No Offer Shares were reallocated from the International Offering to the Hong Kong Public Offering as the Hong Kong Public Offering was oversubscribed by less than 15 times. The final number of Offer Shares in the Hong Kong Public Offering is 20 million, representing 10.0% of the total number of Offer Shares initially available for subscription under the Global Offering prior to the exercise of any Over-allotment Option.</p><p>The Offer Shares initially offered under the International Offering have been moderately oversubscribed, and the oversubscription in the International Offering represents 1.78 times the total number of Offer Shares initially available under the International Offering. There are 130 placees in the International Offering. The final number of Offer Shares allocated to placees under the International Offering is 210 million.</p><p>Pursuant to the International Offering and pursuant to the Cornerstone Investment Agreement with the Cornerstone Investors, the number of Offer Shares subscribed by the Cornerstone Investors, namely Neptune Investment Holdings Limited (Neptune), Green Better Limited, Peak Reinsurance Limited, China Sichuan International Investment Limited, Keltic Investment (HK) Limited, and Golden Star International Pty Limited, has now been determined. Neptune, Green Better, Peak Reinsurance, Sichuan International Investment, Keltic, and Golden Star have subscribed for 30.63 million, 10.213 million, 10.21 million, 20.394 million, 18.947 million, and 10.21 million Offer Shares, respectively, representing approximately 15.3%, 5.1%, 5.1%, 10.2%, 9.5%, and 5.1% of the number of Offer Shares under the Global Offering, assuming the Over-allotment Option is not exercised. And approximately 3.8%, 1.3%, 1.3%, 2.6%, 2.4% and 1.3% of the total issued share capital of the Company upon completion of the Global Offering.</p><p>In addition, the Company has granted an over-allotment option to the International Underwriters, which may be exercised by the Sole Global Coordinator at any time from the date of the International Underwriting Agreement until 30 days after the last date for submitting applications for the Hong Kong Public Offering, to require the Company to issue up to 30 million Shares (representing 15% of the Offer Shares initially available for subscription under the Global Offering) at the offer price of the International Offering to make up for the over-allocation in the International Offering (if any). As at the date of this announcement, the Over-allotment Option has not been exercised.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6b69e234a63c2c0a69ccede7b0faaa18","relate_stocks":{"03658":"新希望服务"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184977128","content_text":"5月24日,新希望服务发布公告,发售价已按每股发售股份3.80港元厘定,预期股份将于2021年5月25日上午九时正开始在联交所买卖,股份将以每手1,000股股份为单位进行买卖。按发售价每股发售股份3.80港元计算,公司将收取的全球发售所得款项净额估计约为7.07亿港元。分配结果:甲组每手1000股,入场费4747.37港元。一手中签率50.01%,认购10手稳中一手。乙组头为150万股(1500手),申购所需资金约71212042.85港元,获配150万股(1500)手。根据香港公开发售接获合共14,792份有效申请,涉及合共9507.3万股,相当于香港发售股份总数2000万股约4.75倍。由于香港公开发售的超额认购少于15倍,概无发售股份由国际发售重新分配至香港公开发售。香港公开发售的发售股份最终数目为2000万股,相当于任何超额配股权获行使前根据全球发售初步可供认购发售股份总数的10.0%。国际发售初步提呈发售的发售股份已获适度超额认购,及国际发售中的超额认购相当于国际发售项下初步可供认购的发售股份总数的1.78倍。国际发售共有130名承配人。国际发售项下分配予承配人的发售股份最终数目为2.1亿股。根据国际发售及依据与基石投资者订立的基石投资协议,基石投资者(即海王星投资控股有限公司(海王星)、Green Better Limited、鼎睿再保险有限公司、中国四川国际投资有限公司、Keltic Investment (HK) Limited及Golden Star International Pty Limited认购的发售股份数目现已厘定。海王星、Green Better、鼎睿再保险、四川国际投资、Keltic及Golden Star已分别认购3063万股、1021.3万股、1021万股、2039.4万股、1894.7万股及1021万股发售股份,假设超额配股权未获行使,分别相当于全球发售项下发售股份数目的约15.3%、5.1%、5.1%、10.2%、9.5%及5.1%;及全球发售完成后公司已发行股本总额的约3.8%、1.3%、1.3%、2.6%、2.4%及1.3%。此外,公司已向国际包销商授出超额配股权,可由独家全球协调人自国际包销协议日期起直至递交香港公开发售申请截止日期后30日内随时行使,以要求公司按国际发售项下发售价发行最多3000万股股份(占全球发售项下初步可供认购发售股份的15%),以补足国际发售中的超额分配(如有)。截至本公告日期,超额配股权尚未获行使。","news_type":1,"symbols_score_info":{"03658":0.9}},"isVote":1,"tweetType":1,"viewCount":4760,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}