TSMC INCREASES MCU OUTPUT BY 60% TO EASE AUTOMOTIVE SUPPLY TSMC said in an e-mail statement that it will increase production of microcontroller units by 60% this year in favor of automakers that are in short supply. TSMC said it would redistribute its production capacity, and its MCU production in 2021 would be 60% higher than that in 2020 and 30% higher than that before the pandemic in 2019. HIMALAYA SUBMITTED ITS IPO PROSPECTUS TO THE US SEC, WITH Himalaya submitted its IPO application to the US SEC, with Goldman Sachs, Morgan Stanley, Bank of America and CICC as co underwriters, and Tencent, Yuewen, Baidu, Xiaomi, tal and Sony Music as its strategic investors.According to the prospectus, the Himalayan revenue in 2020 will be 4.05 billion yuan, a year-on-year increase of over

50%.

INTEGRATED SAAS AND TALENT MANAGEMENT PLATFORM BEISEN On May 11, Beisen, an integrated SAAS and talent management platform, announced the completion of round f financing of US $260 million. Meanwhile, it released new features of spring 2021 series of new products. With "integrated HR SaaS + low code platform" as the core, Beisen continued to lay out human resources cloud services to help all walks of life quickly realize the digital STEEL SHORTAGE IN SOUTH KOREA: RAW MATERIAL PRICES SOAR 80 After the outbreak of the epidemic last year, South Korea's construction demand shrank, and major steel enterprises reduced production one after another. As the construction industry recovers faster than expected this year, the demand for steel bars is surging. According to statistics, South Korea's current national steel inventory is only 80% of the same period last year. At this juncture,

a

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THE INCREASE OF EXTERNAL DEMAND DRIVES THE CONTINUOUS Stimulated by the rapid recovery of overseas economy and the great increase of steel demand, China's steel export continued to increase. According to the data of the steel logistics professional committee of China IOT, the index of new export orders of the steel industry in April was 51.7%, which was 8 percentage points higher than that in March, entering the expansion range again. THE FIRST FLOOD OF THIS YEAR OCCURRED IN QIANTANG RIVER According to the Zhejiang Provincial Water Resources Department, the Lanxi station of Qiantang River reached the warning level at 7 am on the 24th, and the No.1 flood of this year occurred in the Qiantang River Basin. At present, the total water storage of large and medium-sized reservoirs in Zhejiang Province is 25.569 billion cubic meters, 1.675 billion cubic meters more than that of the TURKEY LAUNCHES ANTI DUMPING INVESTIGATION ON DIESEL On April 1, 2021, Turkey's Ministry of trade announced that it decided to launch an anti-dumping investigation against the diesel engine (Turkish: G ü C ü 15kw'ı Ge ı Meyen diesel motor) with power no more than 15kw, which originated in China, mainly involving the products under the Turkish customs code of 8408.90.41.90.00. WEILAI AND JIANGHUAI SET UP JIANGLAI ADVANCED Relying on jianglai company, Weilai and JAC will deepen manufacturing cooperation, continuously optimize operation cost, improve operation efficiency and management ability, and explore and cultivate new business ability. This text is a result of machine translation. Bitcoin up nearly $1000 in the short term, up more than 3% in the day. FRESHHEMA: FUTURE OF ALIBABA? This report will focus on Fresh Hema. Fresh Hema (Hema, 盒马鲜生) will help to bring Alibaba's new retail ambition into reality. Alibaba firstly creates the word "new retail" and define it as a data-driven way to integrate online and offline. EqualOcean believes that Hema will be one of the most critical parts of Alibaba's future direction TSMC INCREASES MCU OUTPUT BY 60% TO EASE AUTOMOTIVE SUPPLY TSMC said in an e-mail statement that it will increase production of microcontroller units by 60% this year in favor of automakers that are in short supply. TSMC said it would redistribute its production capacity, and its MCU production in 2021 would be 60% higher than that in 2020 and 30% higher than that before the pandemic in 2019. HIMALAYA SUBMITTED ITS IPO PROSPECTUS TO THE US SEC, WITH Himalaya submitted its IPO application to the US SEC, with Goldman Sachs, Morgan Stanley, Bank of America and CICC as co underwriters, and Tencent, Yuewen, Baidu, Xiaomi, tal and Sony Music as its strategic investors.According to the prospectus, the Himalayan revenue in 2020 will be 4.05 billion yuan, a year-on-year increase of over

50%.

INTEGRATED SAAS AND TALENT MANAGEMENT PLATFORM BEISEN On May 11, Beisen, an integrated SAAS and talent management platform, announced the completion of round f financing of US $260 million. Meanwhile, it released new features of spring 2021 series of new products. With "integrated HR SaaS + low code platform" as the core, Beisen continued to lay out human resources cloud services to help all walks of life quickly realize the digital STEEL SHORTAGE IN SOUTH KOREA: RAW MATERIAL PRICES SOAR 80 After the outbreak of the epidemic last year, South Korea's construction demand shrank, and major steel enterprises reduced production one after another. As the construction industry recovers faster than expected this year, the demand for steel bars is surging. According to statistics, South Korea's current national steel inventory is only 80% of the same period last year. At this juncture,

a

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EQUALOCEAN.COM

THE INCREASE OF EXTERNAL DEMAND DRIVES THE CONTINUOUS Stimulated by the rapid recovery of overseas economy and the great increase of steel demand, China's steel export continued to increase. According to the data of the steel logistics professional committee of China IOT, the index of new export orders of the steel industry in April was 51.7%, which was 8 percentage points higher than that in March, entering the expansion range again. THE FIRST FLOOD OF THIS YEAR OCCURRED IN QIANTANG RIVER According to the Zhejiang Provincial Water Resources Department, the Lanxi station of Qiantang River reached the warning level at 7 am on the 24th, and the No.1 flood of this year occurred in the Qiantang River Basin. At present, the total water storage of large and medium-sized reservoirs in Zhejiang Province is 25.569 billion cubic meters, 1.675 billion cubic meters more than that of the TURKEY LAUNCHES ANTI DUMPING INVESTIGATION ON DIESEL On April 1, 2021, Turkey's Ministry of trade announced that it decided to launch an anti-dumping investigation against the diesel engine (Turkish: G ü C ü 15kw'ı Ge ı Meyen diesel motor) with power no more than 15kw, which originated in China, mainly involving the products under the Turkish customs code of 8408.90.41.90.00. WEILAI AND JIANGHUAI SET UP JIANGLAI ADVANCED Relying on jianglai company, Weilai and JAC will deepen manufacturing cooperation, continuously optimize operation cost, improve operation efficiency and management ability, and explore and cultivate new business ability. This text is a result of machine translation. Bitcoin up nearly $1000 in the short term, up more than 3% in the day. FRESHHEMA: FUTURE OF ALIBABA? This report will focus on Fresh Hema. Fresh Hema (Hema, 盒马鲜生) will help to bring Alibaba's new retail ambition into reality. Alibaba firstly creates the word "new retail" and define it as a data-driven way to integrate online and offline. EqualOcean believes that Hema will be one of the most critical parts of Alibaba's future direction EQUALOCEAN - TECH FOR EQUAL EqualOcean is an international information service provider and investment research firm that aims to become a global platform for industrial innovation. We guide organizations with our analysis and help them solve complex business problems. MIDEA GROUP INTRODUCES COOPERATION WITH HUAWEI AND ITS At the current time, 12 Midea devices used Huawei's HarmonyOS operating system (in 7 categories). This cooperation with Huawei has already existed since the end of December 2020. This fits perfectly with the strategy of Huawei, which sees HarmonyOS not only as a smartphone operating system but also as an operating system of household items, cars, and other technical devices. CHINA PLANS TO RETURN MARS SAMPLES AROUND 2030 Xu Hongliang, a spokesman for the National Space Administration, said that China will carry out near Earth Asteroid sampling return and main belt comet circling exploration missions around 2025; Implement Mars sampling return mission around 2030; In the future, China will carry out the Jupiter system orbit exploration mission and interplanetary crossing exploration mission. ALIBABA IS WORKING ON CROSS-BORDER SHEIN COPY It has now been revealed that Alibaba is working on a cross-border B2C e-commerce platform for fast fashion. The project is led by the team of AliExpress. It seems that they want to use Shopify to build their own stores and find drop shippers. For this purpose, they are currently hiring people, some of whom will also optimize advertising on Facebook, Google, YouTube, Instagram, and other FOOD E-COMMERCE COMPANY MISSFRESH AHEAD OF US IPO Missfresh has filed its prospectus in the United States and plans to be listed on NASDAQ with the stock code "MF". Through the IPO, it is believed to be looking to raise USD 100M. Missfresh was founded in 2014 and is an eCommerce platform that provides fresh food. By March 31, 2021, Missfresh has established 631 warehouses in 16 cities in China, with a total customer base of over 31 million ALIBABA CONTINUES TO WORK ON AUTONOMOUS SOLUTIONS FOR Cainiao and Alibaba Damo Institute collaborate to develop unmanned trucks. Thus, they will soon test logistics trucks on open roads. The motivation here is seen as increasing the operational efficiency of the logistics business and speeding up the time limit of the "last kilometer". Small models are already being used to test the delivery of packages on university campuses. This briefing is A NEW NON PERMANENT MEMBER OF THE UN SECURITY COUNCIL On June 11 local time, members of the United Nations General Assembly voted at the UN headquarters in New York to elect non permanent members of the Security Council for the year 2022-2023. According to the electoral system, Albania, Brazil, Ghana, Gabon and the United Arab Emirates have won more than two-thirds of the votes to become members of the New Security Council, succeeding the ZTE 5G RAN SCHEME SUCCESSFULLY OBTAINED CC EAL3 Recently, ZTE's 5g ran solution has successfully passed the common standard for information technology security assessment (CC) EAL3 + certification, becoming the first supplier in the industry to pass the CC EAL3 + certification with the complete system of 5g ran series products as the protection profile. TRACK LAYING AND CONNECTION OF JIANGXI SHENZHEN HIGH SPEED At about 10 o'clock today, at the construction site of Heyi village, Heping County, Heyuan City, Guangdong Province, with the last 500 meter rail of Guangdong section stably laid on the ballastless track slab, the track laying of the whole line of Jiangxi Shenzhen high-speed railway was officially completed, laying the foundation for Guangdong and Jiangxi to enter the two-hour traffic circle GUOTAI JUNAN AND NANFANG HAVE THE MOST FUND PORTFOLIOS It is learned from Lide fund that Lide Fund Research Institute has issued the performance ranking of licensed investment advisor portfolios of public funds, which takes the risk attributes of fund portfolios as the core evaluation criteria, and ranks the performance of fund investment advisors according to five portfolio classification criteria. According to the report classification, currency TSMC INCREASES MCU OUTPUT BY 60% TO EASE AUTOMOTIVE SUPPLY TSMC said in an e-mail statement that it will increase production of microcontroller units by 60% this year in favor of automakers that are in short supply. TSMC said it would redistribute its production capacity, and its MCU production in 2021 would be 60% higher than that in 2020 and 30% higher than that before the pandemic in 2019. HIMALAYA SUBMITTED ITS IPO PROSPECTUS TO THE US SEC, WITH Himalaya submitted its IPO application to the US SEC, with Goldman Sachs, Morgan Stanley, Bank of America and CICC as co underwriters, and Tencent, Yuewen, Baidu, Xiaomi, tal and Sony Music as its strategic investors.According to the prospectus, the Himalayan revenue in 2020 will be 4.05 billion yuan, a year-on-year increase of over

50%.

INTEGRATED SAAS AND TALENT MANAGEMENT PLATFORM BEISEN On May 11, Beisen, an integrated SAAS and talent management platform, announced the completion of round f financing of US $260 million. Meanwhile, it released new features of spring 2021 series of new products. With "integrated HR SaaS + low code platform" as the core, Beisen continued to lay out human resources cloud services to help all walks of life quickly realize the digital STEEL SHORTAGE IN SOUTH KOREA: RAW MATERIAL PRICES SOAR 80 After the outbreak of the epidemic last year, South Korea's construction demand shrank, and major steel enterprises reduced production one after another. As the construction industry recovers faster than expected this year, the demand for steel bars is surging. According to statistics, South Korea's current national steel inventory is only 80% of the same period last year. At this juncture,

a

DIGITAL CURRENCY ELECTRONIC PAYMENT: NOT A WARNING SIGNSEE MORE ON

EQUALOCEAN.COM

THE INCREASE OF EXTERNAL DEMAND DRIVES THE CONTINUOUS Stimulated by the rapid recovery of overseas economy and the great increase of steel demand, China's steel export continued to increase. According to the data of the steel logistics professional committee of China IOT, the index of new export orders of the steel industry in April was 51.7%, which was 8 percentage points higher than that in March, entering the expansion range again. THE FIRST FLOOD OF THIS YEAR OCCURRED IN QIANTANG RIVER According to the Zhejiang Provincial Water Resources Department, the Lanxi station of Qiantang River reached the warning level at 7 am on the 24th, and the No.1 flood of this year occurred in the Qiantang River Basin. At present, the total water storage of large and medium-sized reservoirs in Zhejiang Province is 25.569 billion cubic meters, 1.675 billion cubic meters more than that of the TURKEY LAUNCHES ANTI DUMPING INVESTIGATION ON DIESEL On April 1, 2021, Turkey's Ministry of trade announced that it decided to launch an anti-dumping investigation against the diesel engine (Turkish: G ü C ü 15kw'ı Ge ı Meyen diesel motor) with power no more than 15kw, which originated in China, mainly involving the products under the Turkish customs code of 8408.90.41.90.00. WEILAI AND JIANGHUAI SET UP JIANGLAI ADVANCED Relying on jianglai company, Weilai and JAC will deepen manufacturing cooperation, continuously optimize operation cost, improve operation efficiency and management ability, and explore and cultivate new business ability. This text is a result of machine translation. Bitcoin up nearly $1000 in the short term, up more than 3% in the day. FRESHHEMA: FUTURE OF ALIBABA? This report will focus on Fresh Hema. Fresh Hema (Hema, 盒马鲜生) will help to bring Alibaba's new retail ambition into reality. Alibaba firstly creates the word "new retail" and define it as a data-driven way to integrate online and offline. EqualOcean believes that Hema will be one of the most critical parts of Alibaba's future direction TSMC INCREASES MCU OUTPUT BY 60% TO EASE AUTOMOTIVE SUPPLY TSMC said in an e-mail statement that it will increase production of microcontroller units by 60% this year in favor of automakers that are in short supply. TSMC said it would redistribute its production capacity, and its MCU production in 2021 would be 60% higher than that in 2020 and 30% higher than that before the pandemic in 2019. HIMALAYA SUBMITTED ITS IPO PROSPECTUS TO THE US SEC, WITH Himalaya submitted its IPO application to the US SEC, with Goldman Sachs, Morgan Stanley, Bank of America and CICC as co underwriters, and Tencent, Yuewen, Baidu, Xiaomi, tal and Sony Music as its strategic investors.According to the prospectus, the Himalayan revenue in 2020 will be 4.05 billion yuan, a year-on-year increase of over

50%.

INTEGRATED SAAS AND TALENT MANAGEMENT PLATFORM BEISEN On May 11, Beisen, an integrated SAAS and talent management platform, announced the completion of round f financing of US $260 million. Meanwhile, it released new features of spring 2021 series of new products. With "integrated HR SaaS + low code platform" as the core, Beisen continued to lay out human resources cloud services to help all walks of life quickly realize the digital STEEL SHORTAGE IN SOUTH KOREA: RAW MATERIAL PRICES SOAR 80 After the outbreak of the epidemic last year, South Korea's construction demand shrank, and major steel enterprises reduced production one after another. As the construction industry recovers faster than expected this year, the demand for steel bars is surging. According to statistics, South Korea's current national steel inventory is only 80% of the same period last year. At this juncture,

a

DIGITAL CURRENCY ELECTRONIC PAYMENT: NOT A WARNING SIGNSEE MORE ON

EQUALOCEAN.COM

THE INCREASE OF EXTERNAL DEMAND DRIVES THE CONTINUOUS Stimulated by the rapid recovery of overseas economy and the great increase of steel demand, China's steel export continued to increase. According to the data of the steel logistics professional committee of China IOT, the index of new export orders of the steel industry in April was 51.7%, which was 8 percentage points higher than that in March, entering the expansion range again. THE FIRST FLOOD OF THIS YEAR OCCURRED IN QIANTANG RIVER According to the Zhejiang Provincial Water Resources Department, the Lanxi station of Qiantang River reached the warning level at 7 am on the 24th, and the No.1 flood of this year occurred in the Qiantang River Basin. At present, the total water storage of large and medium-sized reservoirs in Zhejiang Province is 25.569 billion cubic meters, 1.675 billion cubic meters more than that of the TURKEY LAUNCHES ANTI DUMPING INVESTIGATION ON DIESEL On April 1, 2021, Turkey's Ministry of trade announced that it decided to launch an anti-dumping investigation against the diesel engine (Turkish: G ü C ü 15kw'ı Ge ı Meyen diesel motor) with power no more than 15kw, which originated in China, mainly involving the products under the Turkish customs code of 8408.90.41.90.00. WEILAI AND JIANGHUAI SET UP JIANGLAI ADVANCED Relying on jianglai company, Weilai and JAC will deepen manufacturing cooperation, continuously optimize operation cost, improve operation efficiency and management ability, and explore and cultivate new business ability. This text is a result of machine translation. Bitcoin up nearly $1000 in the short term, up more than 3% in the day. FRESHHEMA: FUTURE OF ALIBABA? This report will focus on Fresh Hema. Fresh Hema (Hema, 盒马鲜生) will help to bring Alibaba's new retail ambition into reality. Alibaba firstly creates the word "new retail" and define it as a data-driven way to integrate online and offline. EqualOcean believes that Hema will be one of the most critical parts of Alibaba's future direction EQUALOCEAN - TECH FOR EQUAL EqualOcean is an international information service provider and investment research firm that aims to become a global platform for industrial innovation. We guide organizations with our analysis and help them solve complex business problems. MIDEA GROUP INTRODUCES COOPERATION WITH HUAWEI AND ITS At the current time, 12 Midea devices used Huawei's HarmonyOS operating system (in 7 categories). This cooperation with Huawei has already existed since the end of December 2020. This fits perfectly with the strategy of Huawei, which sees HarmonyOS not only as a smartphone operating system but also as an operating system of household items, cars, and other technical devices. CHINA PLANS TO RETURN MARS SAMPLES AROUND 2030 Xu Hongliang, a spokesman for the National Space Administration, said that China will carry out near Earth Asteroid sampling return and main belt comet circling exploration missions around 2025; Implement Mars sampling return mission around 2030; In the future, China will carry out the Jupiter system orbit exploration mission and interplanetary crossing exploration mission. ALIBABA IS WORKING ON CROSS-BORDER SHEIN COPY It has now been revealed that Alibaba is working on a cross-border B2C e-commerce platform for fast fashion. The project is led by the team of AliExpress. It seems that they want to use Shopify to build their own stores and find drop shippers. For this purpose, they are currently hiring people, some of whom will also optimize advertising on Facebook, Google, YouTube, Instagram, and other FOOD E-COMMERCE COMPANY MISSFRESH AHEAD OF US IPO Missfresh has filed its prospectus in the United States and plans to be listed on NASDAQ with the stock code "MF". Through the IPO, it is believed to be looking to raise USD 100M. Missfresh was founded in 2014 and is an eCommerce platform that provides fresh food. By March 31, 2021, Missfresh has established 631 warehouses in 16 cities in China, with a total customer base of over 31 million ALIBABA CONTINUES TO WORK ON AUTONOMOUS SOLUTIONS FOR Cainiao and Alibaba Damo Institute collaborate to develop unmanned trucks. Thus, they will soon test logistics trucks on open roads. The motivation here is seen as increasing the operational efficiency of the logistics business and speeding up the time limit of the "last kilometer". Small models are already being used to test the delivery of packages on university campuses. This briefing is A NEW NON PERMANENT MEMBER OF THE UN SECURITY COUNCIL On June 11 local time, members of the United Nations General Assembly voted at the UN headquarters in New York to elect non permanent members of the Security Council for the year 2022-2023. According to the electoral system, Albania, Brazil, Ghana, Gabon and the United Arab Emirates have won more than two-thirds of the votes to become members of the New Security Council, succeeding the ZTE 5G RAN SCHEME SUCCESSFULLY OBTAINED CC EAL3 Recently, ZTE's 5g ran solution has successfully passed the common standard for information technology security assessment (CC) EAL3 + certification, becoming the first supplier in the industry to pass the CC EAL3 + certification with the complete system of 5g ran series products as the protection profile. TRACK LAYING AND CONNECTION OF JIANGXI SHENZHEN HIGH SPEED At about 10 o'clock today, at the construction site of Heyi village, Heping County, Heyuan City, Guangdong Province, with the last 500 meter rail of Guangdong section stably laid on the ballastless track slab, the track laying of the whole line of Jiangxi Shenzhen high-speed railway was officially completed, laying the foundation for Guangdong and Jiangxi to enter the two-hour traffic circle GUOTAI JUNAN AND NANFANG HAVE THE MOST FUND PORTFOLIOS It is learned from Lide fund that Lide Fund Research Institute has issued the performance ranking of licensed investment advisor portfolios of public funds, which takes the risk attributes of fund portfolios as the core evaluation criteria, and ranks the performance of fund investment advisors according to five portfolio classification criteria. According to the report classification, currency HIMALAYA SUBMITTED ITS IPO PROSPECTUS TO THE US SEC, WITH Himalaya submitted its IPO application to the US SEC, with Goldman Sachs, Morgan Stanley, Bank of America and CICC as co underwriters, and Tencent, Yuewen, Baidu, Xiaomi, tal and Sony Music as its strategic investors.According to the prospectus, the Himalayan revenue in 2020 will be 4.05 billion yuan, a year-on-year increase of over

50%.

INTEGRATED SAAS AND TALENT MANAGEMENT PLATFORM BEISEN On May 11, Beisen, an integrated SAAS and talent management platform, announced the completion of round f financing of US $260 million. Meanwhile, it released new features of spring 2021 series of new products. With "integrated HR SaaS + low code platform" as the core, Beisen continued to lay out human resources cloud services to help all walks of life quickly realize the digital STEEL SHORTAGE IN SOUTH KOREA: RAW MATERIAL PRICES SOAR 80 After the outbreak of the epidemic last year, South Korea's construction demand shrank, and major steel enterprises reduced production one after another. As the construction industry recovers faster than expected this year, the demand for steel bars is surging. According to statistics, South Korea's current national steel inventory is only 80% of the same period last year. At this juncture,

a

TESLA'S SUPPLIER CATL TO ROLL OUT SODIUM-ION BATTERY Tesla's Supplier CATL to Roll Out Sodium-Ion Battery, Reducing Import Reliance. The firm's chairman announced this move on May 23. Chinese battery manufacturer Contemporary Amperex Technology ( CATL, 300750:SZ) will start marketing sodium-ion batteries around July 2021, the company's chairman Robin (Yuqun) Zeng said on May 23. THE INCREASE OF EXTERNAL DEMAND DRIVES THE CONTINUOUS Stimulated by the rapid recovery of overseas economy and the great increase of steel demand, China's steel export continued to increase. According to the data of the steel logistics professional committee of China IOT, the index of new export orders of the steel industry in April was 51.7%, which was 8 percentage points higher than that in March, entering the expansion range again. THE CHINESE GOVERNMENT WILL PROVIDE EMERGENCY HUMANITARIAN Tian Lin, spokesman of the state agency for international development cooperation, said that in order to help the Palestinian government and people cope with the emergency humanitarian crisis and demonstrate the international humanitarian spirit, the Chinese government launched the emergency response mechanism for humanitarian assistance on May 20, and will provide emergency ANT GROUP AND OTHER FIVE COMPANIES PASSED THE MULTI-PARTY Recently, the national financial technology evaluation center (bank card testing center) announced the first batch of products that have passed the evaluation of multi-party security computing financial application technology. Six products from five companies, including ant group, Huakong qingjiao, Weizhong bank, matrix element and rich number technology, have passed the evaluation. ONLINE FREIGHT LALA STARTS TO BUILD CARS, FOCUSING ON THE After Baidu, Xiaomi, 360, didi and other major manufacturers announced the construction of vehicles, recently, wangchuanhuolala has also started the construction project to attract talents in new energy truck manufacturing.It can be seen from the open recruitment channels that huolala has released new energy truck product experts and other

positions.

THE FIRST FLOOD OF THIS YEAR OCCURRED IN QIANTANG RIVER According to the Zhejiang Provincial Water Resources Department, the Lanxi station of Qiantang River reached the warning level at 7 am on the 24th, and the No.1 flood of this year occurred in the Qiantang River Basin. At present, the total water storage of large and medium-sized reservoirs in Zhejiang Province is 25.569 billion cubic meters, 1.675 billion cubic meters more than that of the THE PLAN AND ACTION PLAN OF BUILDING A WORLD-CLASS SALT Today, we learned from the Qinghai Salt Lake Research Institute of the Chinese Academy of Sciences that the review meeting of the plan and action plan for building a world-class Salt Lake industrial base was held in Beijing on May 20. In the next step, the expert committee will propose to set up a leading group at the national level, establish and improve the work coordination mechanism HIMALAYA SUBMITTED ITS IPO PROSPECTUS TO THE US SEC, WITH Himalaya submitted its IPO application to the US SEC, with Goldman Sachs, Morgan Stanley, Bank of America and CICC as co underwriters, and Tencent, Yuewen, Baidu, Xiaomi, tal and Sony Music as its strategic investors.According to the prospectus, the Himalayan revenue in 2020 will be 4.05 billion yuan, a year-on-year increase of over

50%.

INTEGRATED SAAS AND TALENT MANAGEMENT PLATFORM BEISEN On May 11, Beisen, an integrated SAAS and talent management platform, announced the completion of round f financing of US $260 million. Meanwhile, it released new features of spring 2021 series of new products. With "integrated HR SaaS + low code platform" as the core, Beisen continued to lay out human resources cloud services to help all walks of life quickly realize the digital STEEL SHORTAGE IN SOUTH KOREA: RAW MATERIAL PRICES SOAR 80 After the outbreak of the epidemic last year, South Korea's construction demand shrank, and major steel enterprises reduced production one after another. As the construction industry recovers faster than expected this year, the demand for steel bars is surging. According to statistics, South Korea's current national steel inventory is only 80% of the same period last year. At this juncture,

a

TESLA'S SUPPLIER CATL TO ROLL OUT SODIUM-ION BATTERY Tesla's Supplier CATL to Roll Out Sodium-Ion Battery, Reducing Import Reliance. The firm's chairman announced this move on May 23. Chinese battery manufacturer Contemporary Amperex Technology ( CATL, 300750:SZ) will start marketing sodium-ion batteries around July 2021, the company's chairman Robin (Yuqun) Zeng said on May 23. THE INCREASE OF EXTERNAL DEMAND DRIVES THE CONTINUOUS Stimulated by the rapid recovery of overseas economy and the great increase of steel demand, China's steel export continued to increase. According to the data of the steel logistics professional committee of China IOT, the index of new export orders of the steel industry in April was 51.7%, which was 8 percentage points higher than that in March, entering the expansion range again. THE CHINESE GOVERNMENT WILL PROVIDE EMERGENCY HUMANITARIAN Tian Lin, spokesman of the state agency for international development cooperation, said that in order to help the Palestinian government and people cope with the emergency humanitarian crisis and demonstrate the international humanitarian spirit, the Chinese government launched the emergency response mechanism for humanitarian assistance on May 20, and will provide emergency ANT GROUP AND OTHER FIVE COMPANIES PASSED THE MULTI-PARTY Recently, the national financial technology evaluation center (bank card testing center) announced the first batch of products that have passed the evaluation of multi-party security computing financial application technology. Six products from five companies, including ant group, Huakong qingjiao, Weizhong bank, matrix element and rich number technology, have passed the evaluation. ONLINE FREIGHT LALA STARTS TO BUILD CARS, FOCUSING ON THE After Baidu, Xiaomi, 360, didi and other major manufacturers announced the construction of vehicles, recently, wangchuanhuolala has also started the construction project to attract talents in new energy truck manufacturing.It can be seen from the open recruitment channels that huolala has released new energy truck product experts and other

positions.

THE FIRST FLOOD OF THIS YEAR OCCURRED IN QIANTANG RIVER According to the Zhejiang Provincial Water Resources Department, the Lanxi station of Qiantang River reached the warning level at 7 am on the 24th, and the No.1 flood of this year occurred in the Qiantang River Basin. At present, the total water storage of large and medium-sized reservoirs in Zhejiang Province is 25.569 billion cubic meters, 1.675 billion cubic meters more than that of the THE PLAN AND ACTION PLAN OF BUILDING A WORLD-CLASS SALT Today, we learned from the Qinghai Salt Lake Research Institute of the Chinese Academy of Sciences that the review meeting of the plan and action plan for building a world-class Salt Lake industrial base was held in Beijing on May 20. In the next step, the expert committee will propose to set up a leading group at the national level, establish and improve the work coordination mechanism IS CHINA'S BEIDOU A BETTER VERSION OF GPS AND GLONASS A satellite system with global coverage is termed a Global Navigation Satellite System (GNSS). Current GNSSs include the Global Positioning System (GPS) developed by the United States, the Global Navigation Satellite System (GLONASS) operated by Russia and the BeiDou Navigation Satellite System (BDS), which was launched by China in June 2020, and the European Union’s Galileo. CHERY COMMERCIAL VEHICLES AND ALIBABA CLOUD REACH Today, Chery commercial vehicle announced that it has reached a strategic cooperation with Alibaba cloud. The two sides will promote digital upgrading in automobile R & D, marketing, manufacturing and other aspects. At the same time, Chery announced the official launch of ICAR ecological brand, as a "digital special zone", the first

pilot.

BOSS DIRECTLY ENGAGED IN NASDAQ PRICING $19 / ADS According to the science and technology innovation board daily on the 11th, boss direct employment officially landed on the Nasdaq market with the stock code BZ and the issue price of US $19 / ads, which is at the top of the proposed issue range. According to this calculation, boss directly engaged in this financing of 912 million US dollars, with a valuation of 8.886 billion US dollars APPLICATION FOR DITHER TRADEMARK CCTV: the global semiconductor market recovers strongly, and China has become the world's largest semiconductor consumer market for many

years in a row

TWO FDA EXPERTS AGAINST ALZHEIMER'S DRUG APPROVAL RESIGN According to US media reports on June 10 local time, two members of the Advisory Committee of the US Food and Drug Administration (FDA) have decided to resign because they oppose the FDA's approval of the US Biogen company's drug aducanumab for the treatment of Alzheimer's disease. David knopman, a neurologist who voted against approval, and Joel Perlmutter, a neurologist at the University of BP CONSIDERS PLANS TO SPIN OFF ITS IRAQ BUSINESS BP is working on a plan to spin off its business in Iraq. The new company will hold an interest in BP's Rumaila oilfield in Iraq, one of the world's largest, people familiar with the matter said. If BP wants to integrate its Iraq business into a new company, it must first reach an agreement with Iraq's state-owned Basra oil company and Iraq's national oil marketing organization (SOMO), both of STATION B APPLIES FOR TRADEMARK REGISTRATION OF CHEERS Tianyancha app shows that recently, Shanghai huandian Information Technology Co., Ltd., an affiliated company of station B, has applied to register a number of "cheers theater" trademarks. The international classification involves education and entertainment, beer and beverage, etc., and the current trademark status is under application. AUTO STOCKS STRENGTHENED AGAIN, XIAOKANG SHARES CLOSED Consumer Staples. MINISO after COVID-19: Open to Online Business, Stall Economy and Embracing IP for Toys. The company recovered to the pre-pandemic level, but not the same outlook in 2019. NORTHEAST CEMENT ENTERPRISES START SUMMER OFF PEAK A few days ago, Jilin, Heilongjiang and Liaoning issued notices to require cement clinker enterprises to carry out peak shifting production in summer. Among them, all enterprises with kilns in Jilin Province have started summer peak shifting production since June 10 and stopped kilns for 15 days; All enterprises with kilns in Heilongjiang Province started peak shifting production in summer CHINA'S FIRST AUTO CHIP INSURANCE MECHANISM LAUNCHED Today, with the support of the electronic information department of the Ministry of industry and information technology and the first Department of equipment industry, and under the guidance of Beijing Municipal Bureau of economy and information technology, the signing ceremony of automobile chip insurance sponsored by China automobile chip industry innovation strategic alliance was held in EQUALOCEAN - TECH FOR EQUALRESEARCHEO 500EVENTSSECTORSREAL ESTATEDINGDONG MAICAI EqualOcean is an international information service provider and investment research firm that aims to become a global platform for industrial innovation. We guide organizations with our analysis and help them solve complex business problems. HIMALAYA SUBMITTED ITS IPO PROSPECTUS TO THE US SEC, WITH Himalaya submitted its IPO application to the US SEC, with Goldman Sachs, Morgan Stanley, Bank of America and CICC as co underwriters, and Tencent, Yuewen, Baidu, Xiaomi, tal and Sony Music as its strategic investors.According to the prospectus, the Himalayan revenue in 2020 will be 4.05 billion yuan, a year-on-year increase of over

50%.

INTEGRATED SAAS AND TALENT MANAGEMENT PLATFORM BEISEN On May 11, Beisen, an integrated SAAS and talent management platform, announced the completion of round f financing of US $260 million. Meanwhile, it released new features of spring 2021 series of new products. With "integrated HR SaaS + low code platform" as the core, Beisen continued to lay out human resources cloud services to help all walks of life quickly realize the digital STEEL SHORTAGE IN SOUTH KOREA: RAW MATERIAL PRICES SOAR 80 After the outbreak of the epidemic last year, South Korea's construction demand shrank, and major steel enterprises reduced production one after another. As the construction industry recovers faster than expected this year, the demand for steel bars is surging. According to statistics, South Korea's current national steel inventory is only 80% of the same period last year. At this juncture,

a

BYTEDANCE'S PIVOT TOWARDS EDUCATION The product mix. ByteDance's education business includes K-12, vocational education, higher education, and competency-based education. Among these, the company invests most heavily in K-12 with two products released and competency-based education. It has also been making attempts to enter the business of educational informatization

and hardware

TESLA'S SUPPLIER CATL TO ROLL OUT SODIUM-ION BATTERY Tesla's Supplier CATL to Roll Out Sodium-Ion Battery, Reducing Import Reliance. The firm's chairman announced this move on May 23. Chinese battery manufacturer Contemporary Amperex Technology ( CATL, 300750:SZ) will start marketing sodium-ion batteries around July 2021, the company's chairman Robin (Yuqun) Zeng said on May 23. DIGITAL CURRENCY ELECTRONIC PAYMENT: NOT A WARNING SIGNSEE MORE ON

EQUALOCEAN.COM

APPLE AND CHINA: A MUTUALLY BENEFICIAL RELATIONSHIP Apple and China: A Mutually Beneficial Relationship. In 2019, around 46% of Apple's suppliers were Chinese companies or China-based factories. Not only do Chinese firms rely on Apple's sizable orders, but Apple also sees benefits from the country’s high cost-efficiency and growing innovation. Over 380 suppliers to Apple in China cover

almost

THE FIRST FLOOD OF THIS YEAR OCCURRED IN QIANTANG RIVER According to the Zhejiang Provincial Water Resources Department, the Lanxi station of Qiantang River reached the warning level at 7 am on the 24th, and the No.1 flood of this year occurred in the Qiantang River Basin. At present, the total water storage of large and medium-sized reservoirs in Zhejiang Province is 25.569 billion cubic meters, 1.675 billion cubic meters more than that of the FRESHHEMA: FUTURE OF ALIBABA? This report will focus on Fresh Hema. Fresh Hema (Hema, 盒马鲜生) will help to bring Alibaba's new retail ambition into reality. Alibaba firstly creates the word "new retail" and define it as a data-driven way to integrate online and offline. EqualOcean believes that Hema will be one of the most critical parts of Alibaba's future direction EQUALOCEAN - TECH FOR EQUALRESEARCHEO 500EVENTSSECTORSREAL ESTATEDINGDONG MAICAI EqualOcean is an international information service provider and investment research firm that aims to become a global platform for industrial innovation. We guide organizations with our analysis and help them solve complex business problems. HIMALAYA SUBMITTED ITS IPO PROSPECTUS TO THE US SEC, WITH Himalaya submitted its IPO application to the US SEC, with Goldman Sachs, Morgan Stanley, Bank of America and CICC as co underwriters, and Tencent, Yuewen, Baidu, Xiaomi, tal and Sony Music as its strategic investors.According to the prospectus, the Himalayan revenue in 2020 will be 4.05 billion yuan, a year-on-year increase of over

50%.

INTEGRATED SAAS AND TALENT MANAGEMENT PLATFORM BEISEN On May 11, Beisen, an integrated SAAS and talent management platform, announced the completion of round f financing of US $260 million. Meanwhile, it released new features of spring 2021 series of new products. With "integrated HR SaaS + low code platform" as the core, Beisen continued to lay out human resources cloud services to help all walks of life quickly realize the digital STEEL SHORTAGE IN SOUTH KOREA: RAW MATERIAL PRICES SOAR 80 After the outbreak of the epidemic last year, South Korea's construction demand shrank, and major steel enterprises reduced production one after another. As the construction industry recovers faster than expected this year, the demand for steel bars is surging. According to statistics, South Korea's current national steel inventory is only 80% of the same period last year. At this juncture,

a

BYTEDANCE'S PIVOT TOWARDS EDUCATION The product mix. ByteDance's education business includes K-12, vocational education, higher education, and competency-based education. Among these, the company invests most heavily in K-12 with two products released and competency-based education. It has also been making attempts to enter the business of educational informatization

and hardware

TESLA'S SUPPLIER CATL TO ROLL OUT SODIUM-ION BATTERY Tesla's Supplier CATL to Roll Out Sodium-Ion Battery, Reducing Import Reliance. The firm's chairman announced this move on May 23. Chinese battery manufacturer Contemporary Amperex Technology ( CATL, 300750:SZ) will start marketing sodium-ion batteries around July 2021, the company's chairman Robin (Yuqun) Zeng said on May 23. DIGITAL CURRENCY ELECTRONIC PAYMENT: NOT A WARNING SIGNSEE MORE ON

EQUALOCEAN.COM

APPLE AND CHINA: A MUTUALLY BENEFICIAL RELATIONSHIP Apple and China: A Mutually Beneficial Relationship. In 2019, around 46% of Apple's suppliers were Chinese companies or China-based factories. Not only do Chinese firms rely on Apple's sizable orders, but Apple also sees benefits from the country’s high cost-efficiency and growing innovation. Over 380 suppliers to Apple in China cover

almost

THE FIRST FLOOD OF THIS YEAR OCCURRED IN QIANTANG RIVER According to the Zhejiang Provincial Water Resources Department, the Lanxi station of Qiantang River reached the warning level at 7 am on the 24th, and the No.1 flood of this year occurred in the Qiantang River Basin. At present, the total water storage of large and medium-sized reservoirs in Zhejiang Province is 25.569 billion cubic meters, 1.675 billion cubic meters more than that of the FRESHHEMA: FUTURE OF ALIBABA? This report will focus on Fresh Hema. Fresh Hema (Hema, 盒马鲜生) will help to bring Alibaba's new retail ambition into reality. Alibaba firstly creates the word "new retail" and define it as a data-driven way to integrate online and offline. EqualOcean believes that Hema will be one of the most critical parts of Alibaba's future direction HAIER BALANCES SMART HOME DEMAND AT HOME AND OVERSEAS Haier Balances Smart Home Demand at Home and Overseas Trends. Haier Smart Home (600690:SZ), one of the three leading home appliances brands in China, is undergoing a business transformation. We are aiming to evaluate how Haier’s key business drivers are performing with the current COVID-19 situation. Secular slow down in the property

market

DJI | | EQUALOCEAN

DJI, founded in November, 2016 and headquartered in Shenzhen, is an aircraft and flight imaging system technology company. Established by Wang Tao, the company has received financings from Accel Partners, Sequoia China, Aeternam Stella and so on. Rivals that have direct and indirect competition with DJI globally include SkyX, Skyhawktravel, GDU Technology, etc. XIAOMI REORGANIZES TEAM TO MAKE MOBILE CHIP According to the semiconductor industry, Xiaomi, a local mobile phone giant, is recruiting a team to rejoin the mobile chip circuit.People familiar with the matter said that Xiaomi is now in licensing negotiations with relevant IP suppliers, but the company has started recruiting teams outside. US SENATE PASSES US INNOVATION AND COMPETITION ACT 2021 According to CNN, the U.S. Senate passed the U.S. innovation and competition act of 2021 with 68 votes in favor and 32 votes against local time on the 8th. DIDI REGISTERED THE TRADEMARK OF LIVING COIN CAN The national development and Reform Commission issued the "plan for improving the government's pork reserve regulation mechanism and ensuring supply and price stability in the pork market". IFLYTEK SIGNED STRATEGIC COOPERATION AGREEMENT WITH JAC Today, iFLYTEK and JAC signed a strategic cooperation framework agreement in Hefei. According to the agreement, the two sides will cooperate in the business fields of intelligent cockpit, intelligent Internet of vehicles, intelligent driving, intelligent sales and service, so as to promote mutual benefit and win-win results and realize common development. SAMSUNG FOUNDRY'S FIRST SAFE IN CHINA ™ CLOUD PARTNERS Fastone recently announced that it has officially become the first safe in Samsung foundry ™（ Samsung advanced foundation ecosystem) cloud partners to jointly build a one-stop IC Design cloud platform and provide an on the go cloud chip design platform. SAFE ™ Launched in 2018, it aims to ensure in-depth collaboration among Samsung foundry, ecosystem partners and customers to deliver WANG YI TALKS WITH SOUTH KOREAN FOREIGN MINISTER ZHENG On June 9, 2021, State Councilor and foreign minister Wang Yi had a telephone conversation with South Korean Foreign Minister Zheng Yirong. Wang Yi said that the "India Pacific strategy" promoted by the United States is full of cold war thinking and provokes group confrontation, which is not conducive to the overall situation of regional peace and stability, and China firmly opposes it. As HAINAN FREE TRADE PORT COMPLETES THE FIRST NON RESIDENT According to Hainan International Energy Trading Center, the first non resident online transaction in Hainan was completed recently in the trading center. The online transaction involving non residents is the first business pilot conducted by two overseas enterprises through the trading center, which is a bold innovation to implement "non residents can participate in the trading and capital CHINA'S FIRST "BLUE CARBON" PROJECT COMPLETED IN QINGDAO Today, the signing ceremony of "Guangdong Zhanjiang Mangrove afforestation project" carbon emission reduction transfer agreement was held in Qingdao, Shandong Province, marking the formal completion of China's first "blue carbon" project transaction. According to experts, "blue carbon" generally refers to the fixed organic carbon in seagrass beds, mangroves, salt marshes and coastal ecosystems INTEGRATED SAAS AND TALENT MANAGEMENT PLATFORM BEISEN On May 11, Beisen, an integrated SAAS and talent management platform, announced the completion of round f financing of US $260 million. Meanwhile, it released new features of spring 2021 series of new products. With "integrated HR SaaS + low code platform" as the core, Beisen continued to lay out human resources cloud services to help all walks of life quickly realize the digital HIMALAYA SUBMITTED ITS IPO PROSPECTUS TO THE US SEC, WITH Himalaya submitted its IPO application to the US SEC, with Goldman Sachs, Morgan Stanley, Bank of America and CICC as co underwriters, and Tencent, Yuewen, Baidu, Xiaomi, tal and Sony Music as its strategic investors.According to the prospectus, the Himalayan revenue in 2020 will be 4.05 billion yuan, a year-on-year increase of over

50%.

STEEL SHORTAGE IN SOUTH KOREA: RAW MATERIAL PRICES SOAR 80 After the outbreak of the epidemic last year, South Korea's construction demand shrank, and major steel enterprises reduced production one after another. As the construction industry recovers faster than expected this year, the demand for steel bars is surging. According to statistics, South Korea's current national steel inventory is only 80% of the same period last year. At this juncture,

a

TESLA'S SUPPLIER CATL TO ROLL OUT SODIUM-ION BATTERY Tesla's Supplier CATL to Roll Out Sodium-Ion Battery, Reducing Import Reliance. The firm's chairman announced this move on May 23. Chinese battery manufacturer Contemporary Amperex Technology ( CATL, 300750:SZ) will start marketing sodium-ion batteries around July 2021, the company's chairman Robin (Yuqun) Zeng said on May 23. BYTEDANCE'S PIVOT TOWARDS EDUCATION The product mix. ByteDance's education business includes K-12, vocational education, higher education, and competency-based education. Among these, the company invests most heavily in K-12 with two products released and competency-based education. It has also been making attempts to enter the business of educational informatization

and hardware

THE CHINESE GOVERNMENT WILL PROVIDE EMERGENCY HUMANITARIAN Tian Lin, spokesman of the state agency for international development cooperation, said that in order to help the Palestinian government and people cope with the emergency humanitarian crisis and demonstrate the international humanitarian spirit, the Chinese government launched the emergency response mechanism for humanitarian assistance on May 20, and will provide emergency ANT GROUP AND OTHER FIVE COMPANIES PASSED THE MULTI-PARTY Recently, the national financial technology evaluation center (bank card testing center) announced the first batch of products that have passed the evaluation of multi-party security computing financial application technology. Six products from five companies, including ant group, Huakong qingjiao, Weizhong bank, matrix element and rich number technology, have passed the evaluation. IS CHINA'S BEIDOU A BETTER VERSION OF GPS AND GLONASSSEE MORE ON

EQUALOCEAN.COM

ONLINE FREIGHT LALA STARTS TO BUILD CARS, FOCUSING ON THE After Baidu, Xiaomi, 360, didi and other major manufacturers announced the construction of vehicles, recently, wangchuanhuolala has also started the construction project to attract talents in new energy truck manufacturing.It can be seen from the open recruitment channels that huolala has released new energy truck product experts and other

positions.

THE PLAN AND ACTION PLAN OF BUILDING A WORLD-CLASS SALT Today, we learned from the Qinghai Salt Lake Research Institute of the Chinese Academy of Sciences that the review meeting of the plan and action plan for building a world-class Salt Lake industrial base was held in Beijing on May 20. In the next step, the expert committee will propose to set up a leading group at the national level, establish and improve the work coordination mechanism INTEGRATED SAAS AND TALENT MANAGEMENT PLATFORM BEISEN On May 11, Beisen, an integrated SAAS and talent management platform, announced the completion of round f financing of US $260 million. Meanwhile, it released new features of spring 2021 series of new products. With "integrated HR SaaS + low code platform" as the core, Beisen continued to lay out human resources cloud services to help all walks of life quickly realize the digital HIMALAYA SUBMITTED ITS IPO PROSPECTUS TO THE US SEC, WITH Himalaya submitted its IPO application to the US SEC, with Goldman Sachs, Morgan Stanley, Bank of America and CICC as co underwriters, and Tencent, Yuewen, Baidu, Xiaomi, tal and Sony Music as its strategic investors.According to the prospectus, the Himalayan revenue in 2020 will be 4.05 billion yuan, a year-on-year increase of over

50%.

STEEL SHORTAGE IN SOUTH KOREA: RAW MATERIAL PRICES SOAR 80 After the outbreak of the epidemic last year, South Korea's construction demand shrank, and major steel enterprises reduced production one after another. As the construction industry recovers faster than expected this year, the demand for steel bars is surging. According to statistics, South Korea's current national steel inventory is only 80% of the same period last year. At this juncture,

a

TESLA'S SUPPLIER CATL TO ROLL OUT SODIUM-ION BATTERY Tesla's Supplier CATL to Roll Out Sodium-Ion Battery, Reducing Import Reliance. The firm's chairman announced this move on May 23. Chinese battery manufacturer Contemporary Amperex Technology ( CATL, 300750:SZ) will start marketing sodium-ion batteries around July 2021, the company's chairman Robin (Yuqun) Zeng said on May 23. BYTEDANCE'S PIVOT TOWARDS EDUCATION The product mix. ByteDance's education business includes K-12, vocational education, higher education, and competency-based education. Among these, the company invests most heavily in K-12 with two products released and competency-based education. It has also been making attempts to enter the business of educational informatization

and hardware

THE CHINESE GOVERNMENT WILL PROVIDE EMERGENCY HUMANITARIAN Tian Lin, spokesman of the state agency for international development cooperation, said that in order to help the Palestinian government and people cope with the emergency humanitarian crisis and demonstrate the international humanitarian spirit, the Chinese government launched the emergency response mechanism for humanitarian assistance on May 20, and will provide emergency ANT GROUP AND OTHER FIVE COMPANIES PASSED THE MULTI-PARTY Recently, the national financial technology evaluation center (bank card testing center) announced the first batch of products that have passed the evaluation of multi-party security computing financial application technology. Six products from five companies, including ant group, Huakong qingjiao, Weizhong bank, matrix element and rich number technology, have passed the evaluation. IS CHINA'S BEIDOU A BETTER VERSION OF GPS AND GLONASSSEE MORE ON

EQUALOCEAN.COM

ONLINE FREIGHT LALA STARTS TO BUILD CARS, FOCUSING ON THE After Baidu, Xiaomi, 360, didi and other major manufacturers announced the construction of vehicles, recently, wangchuanhuolala has also started the construction project to attract talents in new energy truck manufacturing.It can be seen from the open recruitment channels that huolala has released new energy truck product experts and other

positions.

THE PLAN AND ACTION PLAN OF BUILDING A WORLD-CLASS SALT Today, we learned from the Qinghai Salt Lake Research Institute of the Chinese Academy of Sciences that the review meeting of the plan and action plan for building a world-class Salt Lake industrial base was held in Beijing on May 20. In the next step, the expert committee will propose to set up a leading group at the national level, establish and improve the work coordination mechanism ENTER THE OFF-SEASON CEMENT DEMAND DECLINE Since June, the main cement producing areas in East China have ushered in high temperature and rainy weather, the construction progress has slowed down, the cement market is in the traditional off-season, and the shipment volume has declined significantly. Cement stocks have climbed to their highest level this year. According to Baichuan Yingfu monitoring, on June 3, the cement storage XIAOMI REORGANIZES TEAM TO MAKE MOBILE CHIP According to the semiconductor industry, Xiaomi, a local mobile phone giant, is recruiting a team to rejoin the mobile chip circuit.People familiar with the matter said that Xiaomi is now in licensing negotiations with relevant IP suppliers, but the company has started recruiting teams outside. US SENATE PASSES US INNOVATION AND COMPETITION ACT 2021 According to CNN, the U.S. Senate passed the U.S. innovation and competition act of 2021 with 68 votes in favor and 32 votes against local time on the 8th. U.S. STOCKS CLOSED MIXED, WITH AMAZON UP 2.07% At the end of Tuesday, large technology stocks in the US were mixed, with apple up 0.67%, Microsoft down 0.49%, Amazon up 2.07%, Google up

0.68%, Netflix down

DIDI REGISTERED THE TRADEMARK OF LIVING COIN CAN The national development and Reform Commission issued the "plan for improving the government's pork reserve regulation mechanism and ensuring supply and price stability in the pork market". SAMSUNG FOUNDRY'S FIRST SAFE IN CHINA ™ CLOUD PARTNERS Fastone recently announced that it has officially become the first safe in Samsung foundry ™（ Samsung advanced foundation ecosystem) cloud partners to jointly build a one-stop IC Design cloud platform and provide an on the go cloud chip design platform. SAFE ™ Launched in 2018, it aims to ensure in-depth collaboration among Samsung foundry, ecosystem partners and customers to deliver "CHINA TIME HONORED BRAND" WUFANGZHAI WILL BE LISTED IN A Recently, wufangzhai's listing pre disclosure document was posted on the CSRC website, and the sponsor was Zheshang securities. This time, the company plans to raise 1.056 billion yuan to invest in smart food workshop, digital industry wisdom Park, R & D center and information construction, Chengdu production base transformation and other projects and supplement working capital. HAINAN FREE TRADE PORT COMPLETES THE FIRST NON RESIDENT According to Hainan International Energy Trading Center, the first non resident online transaction in Hainan was completed recently in the trading center. The online transaction involving non residents is the first business pilot conducted by two overseas enterprises through the trading center, which is a bold innovation to implement "non residents can participate in the trading and capital CHINA'S FIRST "BLUE CARBON" PROJECT COMPLETED IN QINGDAO Today, the signing ceremony of "Guangdong Zhanjiang Mangrove afforestation project" carbon emission reduction transfer agreement was held in Qingdao, Shandong Province, marking the formal completion of China's first "blue carbon" project transaction. According to experts, "blue carbon" generally refers to the fixed organic carbon in seagrass beds, mangroves, salt marshes and coastal ecosystems TENCENT VIDEO RELEASES SUPPORT PLAN FOR CHINESE YOUNG Yesterday, Tencent video released the support plan for Chinese young animation directors jointly sponsored by Wuhu animation human space. The support plan will collect works from the three major tracks of "daydream" theme animation short film, free creation theme and University animation works. EQUALOCEAN - TECH FOR EQUALRESEARCHEO 500EVENTSSECTORSREAL ESTATEDINGDONG MAICAI EqualOcean is an international information service provider and investment research firm that aims to become a global platform for industrial innovation. We guide organizations with our analysis and help them solve complex business problems. HIMALAYA SUBMITTED ITS IPO PROSPECTUS TO THE US SEC, WITH Himalaya submitted its IPO application to the US SEC, with Goldman Sachs, Morgan Stanley, Bank of America and CICC as co underwriters, and Tencent, Yuewen, Baidu, Xiaomi, tal and Sony Music as its strategic investors.According to the prospectus, the Himalayan revenue in 2020 will be 4.05 billion yuan, a year-on-year increase of over

50%.

INTEGRATED SAAS AND TALENT MANAGEMENT PLATFORM BEISEN On May 11, Beisen, an integrated SAAS and talent management platform, announced the completion of round f financing of US $260 million. Meanwhile, it released new features of spring 2021 series of new products. With "integrated HR SaaS + low code platform" as the core, Beisen continued to lay out human resources cloud services to help all walks of life quickly realize the digital STEEL SHORTAGE IN SOUTH KOREA: RAW MATERIAL PRICES SOAR 80 After the outbreak of the epidemic last year, South Korea's construction demand shrank, and major steel enterprises reduced production one after another. As the construction industry recovers faster than expected this year, the demand for steel bars is surging. According to statistics, South Korea's current national steel inventory is only 80% of the same period last year. At this juncture,

a

BYTEDANCE'S PIVOT TOWARDS EDUCATION The product mix. ByteDance's education business includes K-12, vocational education, higher education, and competency-based education. Among these, the company invests most heavily in K-12 with two products released and competency-based education. It has also been making attempts to enter the business of educational informatization

and hardware

TESLA'S SUPPLIER CATL TO ROLL OUT SODIUM-ION BATTERY Tesla's Supplier CATL to Roll Out Sodium-Ion Battery, Reducing Import Reliance. The firm's chairman announced this move on May 23. Chinese battery manufacturer Contemporary Amperex Technology ( CATL, 300750:SZ) will start marketing sodium-ion batteries around July 2021, the company's chairman Robin (Yuqun) Zeng said on May 23. DIGITAL CURRENCY ELECTRONIC PAYMENT: NOT A WARNING SIGNSEE MORE ON

EQUALOCEAN.COM

APPLE AND CHINA: A MUTUALLY BENEFICIAL RELATIONSHIP Apple and China: A Mutually Beneficial Relationship. In 2019, around 46% of Apple's suppliers were Chinese companies or China-based factories. Not only do Chinese firms rely on Apple's sizable orders, but Apple also sees benefits from the country’s high cost-efficiency and growing innovation. Over 380 suppliers to Apple in China cover

almost

THE FIRST FLOOD OF THIS YEAR OCCURRED IN QIANTANG RIVER According to the Zhejiang Provincial Water Resources Department, the Lanxi station of Qiantang River reached the warning level at 7 am on the 24th, and the No.1 flood of this year occurred in the Qiantang River Basin. At present, the total water storage of large and medium-sized reservoirs in Zhejiang Province is 25.569 billion cubic meters, 1.675 billion cubic meters more than that of the FRESHHEMA: FUTURE OF ALIBABA? This report will focus on Fresh Hema. Fresh Hema (Hema, 盒马鲜生) will help to bring Alibaba's new retail ambition into reality. Alibaba firstly creates the word "new retail" and define it as a data-driven way to integrate online and offline. EqualOcean believes that Hema will be one of the most critical parts of Alibaba's future direction EQUALOCEAN - TECH FOR EQUALRESEARCHEO 500EVENTSSECTORSREAL ESTATEDINGDONG MAICAI EqualOcean is an international information service provider and investment research firm that aims to become a global platform for industrial innovation. We guide organizations with our analysis and help them solve complex business problems. HIMALAYA SUBMITTED ITS IPO PROSPECTUS TO THE US SEC, WITH Himalaya submitted its IPO application to the US SEC, with Goldman Sachs, Morgan Stanley, Bank of America and CICC as co underwriters, and Tencent, Yuewen, Baidu, Xiaomi, tal and Sony Music as its strategic investors.According to the prospectus, the Himalayan revenue in 2020 will be 4.05 billion yuan, a year-on-year increase of over

50%.

INTEGRATED SAAS AND TALENT MANAGEMENT PLATFORM BEISEN On May 11, Beisen, an integrated SAAS and talent management platform, announced the completion of round f financing of US $260 million. Meanwhile, it released new features of spring 2021 series of new products. With "integrated HR SaaS + low code platform" as the core, Beisen continued to lay out human resources cloud services to help all walks of life quickly realize the digital STEEL SHORTAGE IN SOUTH KOREA: RAW MATERIAL PRICES SOAR 80 After the outbreak of the epidemic last year, South Korea's construction demand shrank, and major steel enterprises reduced production one after another. As the construction industry recovers faster than expected this year, the demand for steel bars is surging. According to statistics, South Korea's current national steel inventory is only 80% of the same period last year. At this juncture,

a

BYTEDANCE'S PIVOT TOWARDS EDUCATION The product mix. ByteDance's education business includes K-12, vocational education, higher education, and competency-based education. Among these, the company invests most heavily in K-12 with two products released and competency-based education. It has also been making attempts to enter the business of educational informatization

and hardware

TESLA'S SUPPLIER CATL TO ROLL OUT SODIUM-ION BATTERY Tesla's Supplier CATL to Roll Out Sodium-Ion Battery, Reducing Import Reliance. The firm's chairman announced this move on May 23. Chinese battery manufacturer Contemporary Amperex Technology ( CATL, 300750:SZ) will start marketing sodium-ion batteries around July 2021, the company's chairman Robin (Yuqun) Zeng said on May 23. DIGITAL CURRENCY ELECTRONIC PAYMENT: NOT A WARNING SIGNSEE MORE ON

EQUALOCEAN.COM

APPLE AND CHINA: A MUTUALLY BENEFICIAL RELATIONSHIP Apple and China: A Mutually Beneficial Relationship. In 2019, around 46% of Apple's suppliers were Chinese companies or China-based factories. Not only do Chinese firms rely on Apple's sizable orders, but Apple also sees benefits from the country’s high cost-efficiency and growing innovation. Over 380 suppliers to Apple in China cover

almost

THE FIRST FLOOD OF THIS YEAR OCCURRED IN QIANTANG RIVER According to the Zhejiang Provincial Water Resources Department, the Lanxi station of Qiantang River reached the warning level at 7 am on the 24th, and the No.1 flood of this year occurred in the Qiantang River Basin. At present, the total water storage of large and medium-sized reservoirs in Zhejiang Province is 25.569 billion cubic meters, 1.675 billion cubic meters more than that of the FRESHHEMA: FUTURE OF ALIBABA? This report will focus on Fresh Hema. Fresh Hema (Hema, 盒马鲜生) will help to bring Alibaba's new retail ambition into reality. Alibaba firstly creates the word "new retail" and define it as a data-driven way to integrate online and offline. EqualOcean believes that Hema will be one of the most critical parts of Alibaba's future direction HAIER BALANCES SMART HOME DEMAND AT HOME AND OVERSEAS Haier Balances Smart Home Demand at Home and Overseas Trends. Haier Smart Home (600690:SZ), one of the three leading home appliances brands in China, is undergoing a business transformation. We are aiming to evaluate how Haier’s key business drivers are performing with the current COVID-19 situation. Secular slow down in the property

market

DJI | | EQUALOCEAN

DJI, founded in November, 2016 and headquartered in Shenzhen, is an aircraft and flight imaging system technology company. Established by Wang Tao, the company has received financings from Accel Partners, Sequoia China, Aeternam Stella and so on. Rivals that have direct and indirect competition with DJI globally include SkyX, Skyhawktravel, GDU Technology, etc. XIAOMI REORGANIZES TEAM TO MAKE MOBILE CHIP According to the semiconductor industry, Xiaomi, a local mobile phone giant, is recruiting a team to rejoin the mobile chip circuit.People familiar with the matter said that Xiaomi is now in licensing negotiations with relevant IP suppliers, but the company has started recruiting teams outside. US SENATE PASSES US INNOVATION AND COMPETITION ACT 2021 According to CNN, the U.S. Senate passed the U.S. innovation and competition act of 2021 with 68 votes in favor and 32 votes against local time on the 8th. DIDI REGISTERED THE TRADEMARK OF LIVING COIN CAN The national development and Reform Commission issued the "plan for improving the government's pork reserve regulation mechanism and ensuring supply and price stability in the pork market". IFLYTEK SIGNED STRATEGIC COOPERATION AGREEMENT WITH JAC Today, iFLYTEK and JAC signed a strategic cooperation framework agreement in Hefei. According to the agreement, the two sides will cooperate in the business fields of intelligent cockpit, intelligent Internet of vehicles, intelligent driving, intelligent sales and service, so as to promote mutual benefit and win-win results and realize common development. SAMSUNG FOUNDRY'S FIRST SAFE IN CHINA ™ CLOUD PARTNERS Fastone recently announced that it has officially become the first safe in Samsung foundry ™（ Samsung advanced foundation ecosystem) cloud partners to jointly build a one-stop IC Design cloud platform and provide an on the go cloud chip design platform. SAFE ™ Launched in 2018, it aims to ensure in-depth collaboration among Samsung foundry, ecosystem partners and customers to deliver WANG YI TALKS WITH SOUTH KOREAN FOREIGN MINISTER ZHENG On June 9, 2021, State Councilor and foreign minister Wang Yi had a telephone conversation with South Korean Foreign Minister Zheng Yirong. Wang Yi said that the "India Pacific strategy" promoted by the United States is full of cold war thinking and provokes group confrontation, which is not conducive to the overall situation of regional peace and stability, and China firmly opposes it. As HAINAN FREE TRADE PORT COMPLETES THE FIRST NON RESIDENT According to Hainan International Energy Trading Center, the first non resident online transaction in Hainan was completed recently in the trading center. The online transaction involving non residents is the first business pilot conducted by two overseas enterprises through the trading center, which is a bold innovation to implement "non residents can participate in the trading and capital CHINA'S FIRST "BLUE CARBON" PROJECT COMPLETED IN QINGDAO Today, the signing ceremony of "Guangdong Zhanjiang Mangrove afforestation project" carbon emission reduction transfer agreement was held in Qingdao, Shandong Province, marking the formal completion of China's first "blue carbon" project transaction. According to experts, "blue carbon" generally refers to the fixed organic carbon in seagrass beds, mangroves, salt marshes and coastal ecosystems EQUALOCEAN - TECH FOR EQUALRESEARCHEO 500EVENTSSECTORSREAL ESTATEDINGDONG MAICAI EqualOcean is an international information service provider and investment research firm that aims to become a global platform for industrial innovation. We guide organizations with our analysis and help them solve complex business problems. HIMALAYA SUBMITTED ITS IPO PROSPECTUS TO THE US SEC, WITH Himalaya submitted its IPO application to the US SEC, with Goldman Sachs, Morgan Stanley, Bank of America and CICC as co underwriters, and Tencent, Yuewen, Baidu, Xiaomi, tal and Sony Music as its strategic investors.According to the prospectus, the Himalayan revenue in 2020 will be 4.05 billion yuan, a year-on-year increase of over

50%.

STEEL SHORTAGE IN SOUTH KOREA: RAW MATERIAL PRICES SOAR 80 After the outbreak of the epidemic last year, South Korea's construction demand shrank, and major steel enterprises reduced production one after another. As the construction industry recovers faster than expected this year, the demand for steel bars is surging. According to statistics, South Korea's current national steel inventory is only 80% of the same period last year. At this juncture,

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TOP 10 CHINESE HOME APPLIANCES COMPANIES Haier (600690:SH) topped with a 16% market share, followed by Whirlpool and Midea (000333:SZ), accounting for 11% and 7%, respectively. Regarding white home appliances, including washing machines, air conditioners and refrigerators, Chinese giants' are giving a rosy performance in both market share and production

capacity.

FRESHHEMA: FUTURE OF ALIBABA? This report will focus on Fresh Hema. Fresh Hema (Hema, 盒马鲜生) will help to bring Alibaba's new retail ambition into reality. Alibaba firstly creates the word "new retail" and define it as a data-driven way to integrate online and offline. EqualOcean believes that Hema will be one of the most critical parts of Alibaba's future direction GROWTH AND CHALLENGES OF PINDUODUO, THE CHINESE EBAY Still, the increasing branding quality and boosting efficiency in C2M may pose challenges here. We apply a 2.5% perpetual growth rate. Our bull case and bear case scenario valuations suggest a 33% upside and 26% downside, respectively. In the long term, from EqualOcean’s perspective, there are two essential parts to identifying PDD’s

future

THE FIRST FLOOD OF THIS YEAR OCCURRED IN QIANTANG RIVER According to the Zhejiang Provincial Water Resources Department, the Lanxi station of Qiantang River reached the warning level at 7 am on the 24th, and the No.1 flood of this year occurred in the Qiantang River Basin. At present, the total water storage of large and medium-sized reservoirs in Zhejiang Province is 25.569 billion cubic meters, 1.675 billion cubic meters more than that of the CHANGAN AUTOMOBILE: CHANGAN WEILAI, A HOLDING SUBSIDIARY Changan Weilai New Energy Automobile Technology Co., Ltd., a holding subsidiary of Chongqing Changan Automobile Co., Ltd., was officially renamed avita Technology Co., Ltd. on May 20, according to Changan Automobile's announcement. SK HYNIX RESPONDS TO THE LEAKAGE ACCIDENT: IT HAS BEEN Sk Hynix responds to the leakage accident: it has been properly handled on the same day. Three workers were injured in a leakage accident of hydrofluoric acid during the inspection of equipment on the 5th floor of SK Hynix Lichuan M16 plant, according to South Korean media. M16 plant is the DRAM production plant completed before. EQUALOCEAN - TECH FOR EQUALRESEARCHEO 500EVENTSSECTORSREAL ESTATEDINGDONG MAICAI EqualOcean is an international information service provider and investment research firm that aims to become a global platform for industrial innovation. We guide organizations with our analysis and help them solve complex business problems. HIMALAYA SUBMITTED ITS IPO PROSPECTUS TO THE US SEC, WITH Himalaya submitted its IPO application to the US SEC, with Goldman Sachs, Morgan Stanley, Bank of America and CICC as co underwriters, and Tencent, Yuewen, Baidu, Xiaomi, tal and Sony Music as its strategic investors.According to the prospectus, the Himalayan revenue in 2020 will be 4.05 billion yuan, a year-on-year increase of over

50%.

STEEL SHORTAGE IN SOUTH KOREA: RAW MATERIAL PRICES SOAR 80 After the outbreak of the epidemic last year, South Korea's construction demand shrank, and major steel enterprises reduced production one after another. As the construction industry recovers faster than expected this year, the demand for steel bars is surging. According to statistics, South Korea's current national steel inventory is only 80% of the same period last year. At this juncture,

a

DIGITAL CURRENCY ELECTRONIC PAYMENT: NOT A WARNING SIGNSEE MORE ON

EQUALOCEAN.COM

TOP 10 CHINESE HOME APPLIANCES COMPANIES Haier (600690:SH) topped with a 16% market share, followed by Whirlpool and Midea (000333:SZ), accounting for 11% and 7%, respectively. Regarding white home appliances, including washing machines, air conditioners and refrigerators, Chinese giants' are giving a rosy performance in both market share and production

capacity.

FRESHHEMA: FUTURE OF ALIBABA? This report will focus on Fresh Hema. Fresh Hema (Hema, 盒马鲜生) will help to bring Alibaba's new retail ambition into reality. Alibaba firstly creates the word "new retail" and define it as a data-driven way to integrate online and offline. EqualOcean believes that Hema will be one of the most critical parts of Alibaba's future direction GROWTH AND CHALLENGES OF PINDUODUO, THE CHINESE EBAY Still, the increasing branding quality and boosting efficiency in C2M may pose challenges here. We apply a 2.5% perpetual growth rate. Our bull case and bear case scenario valuations suggest a 33% upside and 26% downside, respectively. In the long term, from EqualOcean’s perspective, there are two essential parts to identifying PDD’s

future

THE FIRST FLOOD OF THIS YEAR OCCURRED IN QIANTANG RIVER According to the Zhejiang Provincial Water Resources Department, the Lanxi station of Qiantang River reached the warning level at 7 am on the 24th, and the No.1 flood of this year occurred in the Qiantang River Basin. At present, the total water storage of large and medium-sized reservoirs in Zhejiang Province is 25.569 billion cubic meters, 1.675 billion cubic meters more than that of the CHANGAN AUTOMOBILE: CHANGAN WEILAI, A HOLDING SUBSIDIARY Changan Weilai New Energy Automobile Technology Co., Ltd., a holding subsidiary of Chongqing Changan Automobile Co., Ltd., was officially renamed avita Technology Co., Ltd. on May 20, according to Changan Automobile's announcement. SK HYNIX RESPONDS TO THE LEAKAGE ACCIDENT: IT HAS BEEN Sk Hynix responds to the leakage accident: it has been properly handled on the same day. Three workers were injured in a leakage accident of hydrofluoric acid during the inspection of equipment on the 5th floor of SK Hynix Lichuan M16 plant, according to South Korean media. M16 plant is the DRAM production plant completed before. EQUALOCEAN - TECH FOR EQUAL EqualOcean is an international information service provider and investment research firm that aims to become a global platform for industrial innovation. We guide organizations with our analysis and help them solve complex business problems. TOP 10 CHINESE HOME APPLIANCES COMPANIES Haier (600690:SH) topped with a 16% market share, followed by Whirlpool and Midea (000333:SZ), accounting for 11% and 7%, respectively. Regarding white home appliances, including washing machines, air conditioners and refrigerators, Chinese giants' are giving a rosy performance in both market share and production

capacity.

IS CHINA'S BEIDOU A BETTER VERSION OF GPS AND GLONASS A satellite system with global coverage is termed a Global Navigation Satellite System (GNSS). Current GNSSs include the Global Positioning System (GPS) developed by the United States, the Global Navigation Satellite System (GLONASS) operated by Russia and the BeiDou Navigation Satellite System (BDS), which was launched by China in June 2020, and the European Union’s Galileo. LU JIAZUI: SUPERVISOR LI MINKUN'S FAMILY MEMBERS TRADE Lu Jiazui announced that the securities account of Yin Shujun, the spouse of Li Minkun, the supervisor of the company, bought and sold the company's shares from February 10, 2021 to June 4, 2021, which constituted a short-term transaction. On February 10, 2021, Yin Shujun purchased 20000 shares of the company's shares (which have been declared as required). On June 4, 2021, Yin Shujun sold his SOFTBANK GROUP COMPLETED 1 TRILLION YEN SHARE REPURCHASE Consumer Staples. MINISO after COVID-19: Open to Online Business, Stall Economy and Embracing IP for Toys. The company recovered to the pre-pandemic level, but not the same outlook in 2019. SHANGHAI CONSTRUCTION ENGINEERING: WON THE BID FOR 3.799 Shanghai Construction Engineering announced that recently, the company received the letter of acceptance for the construction of phase IV Project (except pile foundation) of International Business Garden in Linkong 12 plot, with the bid winning price of about 3.799 billion

yuan.

GOODWAY: SHORT TERM CONTROLLABLE IMPACT OF CHIP SHORTAGE Goodway said on the interactive platform that the impact of the current chip shortage on the company's production can be controlled in the short term, and it is expected that the chip supply shortage will be gradually alleviated in the second half of the year. DEHONG SHARES: COMPLETED THE REPURCHASE AND CANCELLATION Dehong shares announced that the repurchase and cancellation of the company's equity incentive restricted shares has been completed. A total of 1330700 shares of restricted shares were repurchased and cancelled this time. After the cancellation, the total share capital of the company was reduced from 262692612 shares to 261361901 shares, and the proportion of shares held by each shareholder ALIBABA CLOUD ADDS TWO NEW DATA CENTERS IN INDONESIA AND Alibaba cloud has added two new data centers in Indonesia and the Philippines, and plans to invest more than 6 billion yuan to expand infrastructure and support localized ecological development within three years. According to the official introduction, the scale of Alibaba cloud in the overseas market has increased more than 10 times in three years. According to Gartner, alicloud ranks first AVIC CAPITAL: SECURITIES ABBREVIATION TO BE CHANGED TO AVIC capital announced that the company plans to change its name to "AVIC Industrial Finance Holding Co., Ltd." and change its securities abbreviation from "AVIC capital" to "AVIC Industrial Finance". EQUALOCEAN - TECH FOR EQUALRESEARCHEO 500EVENTSSECTORSREAL ESTATEDINGDONG MAICAI EqualOcean is an international information service provider and investment research firm that aims to become a global platform for industrial innovation. We guide organizations with our analysis and help them solve complex business problems. HIMALAYA SUBMITTED ITS IPO PROSPECTUS TO THE US SEC, WITH Himalaya submitted its IPO application to the US SEC, with Goldman Sachs, Morgan Stanley, Bank of America and CICC as co underwriters, and Tencent, Yuewen, Baidu, Xiaomi, tal and Sony Music as its strategic investors.According to the prospectus, the Himalayan revenue in 2020 will be 4.05 billion yuan, a year-on-year increase of over

50%.

STEEL SHORTAGE IN SOUTH KOREA: RAW MATERIAL PRICES SOAR 80 After the outbreak of the epidemic last year, South Korea's construction demand shrank, and major steel enterprises reduced production one after another. As the construction industry recovers faster than expected this year, the demand for steel bars is surging. According to statistics, South Korea's current national steel inventory is only 80% of the same period last year. At this juncture,

a

DIGITAL CURRENCY ELECTRONIC PAYMENT: NOT A WARNING SIGNSEE MORE ON

EQUALOCEAN.COM

TOP 10 CHINESE HOME APPLIANCES COMPANIES Haier (600690:SH) topped with a 16% market share, followed by Whirlpool and Midea (000333:SZ), accounting for 11% and 7%, respectively. Regarding white home appliances, including washing machines, air conditioners and refrigerators, Chinese giants' are giving a rosy performance in both market share and production

capacity.

FRESHHEMA: FUTURE OF ALIBABA? This report will focus on Fresh Hema. Fresh Hema (Hema, 盒马鲜生) will help to bring Alibaba's new retail ambition into reality. Alibaba firstly creates the word "new retail" and define it as a data-driven way to integrate online and offline. EqualOcean believes that Hema will be one of the most critical parts of Alibaba's future direction GROWTH AND CHALLENGES OF PINDUODUO, THE CHINESE EBAY Still, the increasing branding quality and boosting efficiency in C2M may pose challenges here. We apply a 2.5% perpetual growth rate. Our bull case and bear case scenario valuations suggest a 33% upside and 26% downside, respectively. In the long term, from EqualOcean’s perspective, there are two essential parts to identifying PDD’s

future

THE FIRST FLOOD OF THIS YEAR OCCURRED IN QIANTANG RIVER According to the Zhejiang Provincial Water Resources Department, the Lanxi station of Qiantang River reached the warning level at 7 am on the 24th, and the No.1 flood of this year occurred in the Qiantang River Basin. At present, the total water storage of large and medium-sized reservoirs in Zhejiang Province is 25.569 billion cubic meters, 1.675 billion cubic meters more than that of the CHANGAN AUTOMOBILE: CHANGAN WEILAI, A HOLDING SUBSIDIARY Changan Weilai New Energy Automobile Technology Co., Ltd., a holding subsidiary of Chongqing Changan Automobile Co., Ltd., was officially renamed avita Technology Co., Ltd. on May 20, according to Changan Automobile's announcement. SK HYNIX RESPONDS TO THE LEAKAGE ACCIDENT: IT HAS BEEN Sk Hynix responds to the leakage accident: it has been properly handled on the same day. Three workers were injured in a leakage accident of hydrofluoric acid during the inspection of equipment on the 5th floor of SK Hynix Lichuan M16 plant, according to South Korean media. M16 plant is the DRAM production plant completed before. EQUALOCEAN - TECH FOR EQUALRESEARCHEO 500EVENTSSECTORSREAL ESTATEDINGDONG MAICAI EqualOcean is an international information service provider and investment research firm that aims to become a global platform for industrial innovation. We guide organizations with our analysis and help them solve complex business problems. HIMALAYA SUBMITTED ITS IPO PROSPECTUS TO THE US SEC, WITH Himalaya submitted its IPO application to the US SEC, with Goldman Sachs, Morgan Stanley, Bank of America and CICC as co underwriters, and Tencent, Yuewen, Baidu, Xiaomi, tal and Sony Music as its strategic investors.According to the prospectus, the Himalayan revenue in 2020 will be 4.05 billion yuan, a year-on-year increase of over

50%.

STEEL SHORTAGE IN SOUTH KOREA: RAW MATERIAL PRICES SOAR 80 After the outbreak of the epidemic last year, South Korea's construction demand shrank, and major steel enterprises reduced production one after another. As the construction industry recovers faster than expected this year, the demand for steel bars is surging. According to statistics, South Korea's current national steel inventory is only 80% of the same period last year. At this juncture,

a

DIGITAL CURRENCY ELECTRONIC PAYMENT: NOT A WARNING SIGNSEE MORE ON

EQUALOCEAN.COM

TOP 10 CHINESE HOME APPLIANCES COMPANIES Haier (600690:SH) topped with a 16% market share, followed by Whirlpool and Midea (000333:SZ), accounting for 11% and 7%, respectively. Regarding white home appliances, including washing machines, air conditioners and refrigerators, Chinese giants' are giving a rosy performance in both market share and production

capacity.

FRESHHEMA: FUTURE OF ALIBABA? This report will focus on Fresh Hema. Fresh Hema (Hema, 盒马鲜生) will help to bring Alibaba's new retail ambition into reality. Alibaba firstly creates the word "new retail" and define it as a data-driven way to integrate online and offline. EqualOcean believes that Hema will be one of the most critical parts of Alibaba's future direction GROWTH AND CHALLENGES OF PINDUODUO, THE CHINESE EBAY Still, the increasing branding quality and boosting efficiency in C2M may pose challenges here. We apply a 2.5% perpetual growth rate. Our bull case and bear case scenario valuations suggest a 33% upside and 26% downside, respectively. In the long term, from EqualOcean’s perspective, there are two essential parts to identifying PDD’s

future

THE FIRST FLOOD OF THIS YEAR OCCURRED IN QIANTANG RIVER According to the Zhejiang Provincial Water Resources Department, the Lanxi station of Qiantang River reached the warning level at 7 am on the 24th, and the No.1 flood of this year occurred in the Qiantang River Basin. At present, the total water storage of large and medium-sized reservoirs in Zhejiang Province is 25.569 billion cubic meters, 1.675 billion cubic meters more than that of the CHANGAN AUTOMOBILE: CHANGAN WEILAI, A HOLDING SUBSIDIARY Changan Weilai New Energy Automobile Technology Co., Ltd., a holding subsidiary of Chongqing Changan Automobile Co., Ltd., was officially renamed avita Technology Co., Ltd. on May 20, according to Changan Automobile's announcement. SK HYNIX RESPONDS TO THE LEAKAGE ACCIDENT: IT HAS BEEN Sk Hynix responds to the leakage accident: it has been properly handled on the same day. Three workers were injured in a leakage accident of hydrofluoric acid during the inspection of equipment on the 5th floor of SK Hynix Lichuan M16 plant, according to South Korean media. M16 plant is the DRAM production plant completed before. EQUALOCEAN - TECH FOR EQUAL EqualOcean is an international information service provider and investment research firm that aims to become a global platform for industrial innovation. We guide organizations with our analysis and help them solve complex business problems. TOP 10 CHINESE HOME APPLIANCES COMPANIES Haier (600690:SH) topped with a 16% market share, followed by Whirlpool and Midea (000333:SZ), accounting for 11% and 7%, respectively. Regarding white home appliances, including washing machines, air conditioners and refrigerators, Chinese giants' are giving a rosy performance in both market share and production

capacity.

IS CHINA'S BEIDOU A BETTER VERSION OF GPS AND GLONASS A satellite system with global coverage is termed a Global Navigation Satellite System (GNSS). Current GNSSs include the Global Positioning System (GPS) developed by the United States, the Global Navigation Satellite System (GLONASS) operated by Russia and the BeiDou Navigation Satellite System (BDS), which was launched by China in June 2020, and the European Union’s Galileo. LU JIAZUI: SUPERVISOR LI MINKUN'S FAMILY MEMBERS TRADE Lu Jiazui announced that the securities account of Yin Shujun, the spouse of Li Minkun, the supervisor of the company, bought and sold the company's shares from February 10, 2021 to June 4, 2021, which constituted a short-term transaction. On February 10, 2021, Yin Shujun purchased 20000 shares of the company's shares (which have been declared as required). On June 4, 2021, Yin Shujun sold his SOFTBANK GROUP COMPLETED 1 TRILLION YEN SHARE REPURCHASE Consumer Staples. MINISO after COVID-19: Open to Online Business, Stall Economy and Embracing IP for Toys. The company recovered to the pre-pandemic level, but not the same outlook in 2019. SHANGHAI CONSTRUCTION ENGINEERING: WON THE BID FOR 3.799 Shanghai Construction Engineering announced that recently, the company received the letter of acceptance for the construction of phase IV Project (except pile foundation) of International Business Garden in Linkong 12 plot, with the bid winning price of about 3.799 billion

yuan.

GOODWAY: SHORT TERM CONTROLLABLE IMPACT OF CHIP SHORTAGE Goodway said on the interactive platform that the impact of the current chip shortage on the company's production can be controlled in the short term, and it is expected that the chip supply shortage will be gradually alleviated in the second half of the year. DEHONG SHARES: COMPLETED THE REPURCHASE AND CANCELLATION Dehong shares announced that the repurchase and cancellation of the company's equity incentive restricted shares has been completed. A total of 1330700 shares of restricted shares were repurchased and cancelled this time. After the cancellation, the total share capital of the company was reduced from 262692612 shares to 261361901 shares, and the proportion of shares held by each shareholder ALIBABA CLOUD ADDS TWO NEW DATA CENTERS IN INDONESIA AND Alibaba cloud has added two new data centers in Indonesia and the Philippines, and plans to invest more than 6 billion yuan to expand infrastructure and support localized ecological development within three years. According to the official introduction, the scale of Alibaba cloud in the overseas market has increased more than 10 times in three years. According to Gartner, alicloud ranks first AVIC CAPITAL: SECURITIES ABBREVIATION TO BE CHANGED TO AVIC capital announced that the company plans to change its name to "AVIC Industrial Finance Holding Co., Ltd." and change its securities abbreviation from "AVIC capital" to "AVIC Industrial Finance". EQUALOCEAN - TECH FOR EQUALRESEARCHEO 500EVENTSSECTORSREAL ESTATEDINGDONG MAICAI EqualOcean is an international information service provider and investment research firm that aims to become a global platform for industrial innovation. We guide organizations with our analysis and help them solve complex business problems. HIMALAYA SUBMITTED ITS IPO PROSPECTUS TO THE US SEC, WITH Himalaya submitted its IPO application to the US SEC, with Goldman Sachs, Morgan Stanley, Bank of America and CICC as co underwriters, and Tencent, Yuewen, Baidu, Xiaomi, tal and Sony Music as its strategic investors.According to the prospectus, the Himalayan revenue in 2020 will be 4.05 billion yuan, a year-on-year increase of over

50%.

STEEL SHORTAGE IN SOUTH KOREA: RAW MATERIAL PRICES SOAR 80 After the outbreak of the epidemic last year, South Korea's construction demand shrank, and major steel enterprises reduced production one after another. As the construction industry recovers faster than expected this year, the demand for steel bars is surging. According to statistics, South Korea's current national steel inventory is only 80% of the same period last year. At this juncture,

a

DIGITAL CURRENCY ELECTRONIC PAYMENT: NOT A WARNING SIGNSEE MORE ON

EQUALOCEAN.COM

TOP 10 CHINESE HOME APPLIANCES COMPANIES Haier (600690:SH) topped with a 16% market share, followed by Whirlpool and Midea (000333:SZ), accounting for 11% and 7%, respectively. Regarding white home appliances, including washing machines, air conditioners and refrigerators, Chinese giants' are giving a rosy performance in both market share and production

capacity.

FRESHHEMA: FUTURE OF ALIBABA? This report will focus on Fresh Hema. Fresh Hema (Hema, 盒马鲜生) will help to bring Alibaba's new retail ambition into reality. Alibaba firstly creates the word "new retail" and define it as a data-driven way to integrate online and offline. EqualOcean believes that Hema will be one of the most critical parts of Alibaba's future direction GROWTH AND CHALLENGES OF PINDUODUO, THE CHINESE EBAY Still, the increasing branding quality and boosting efficiency in C2M may pose challenges here. We apply a 2.5% perpetual growth rate. Our bull case and bear case scenario valuations suggest a 33% upside and 26% downside, respectively. In the long term, from EqualOcean’s perspective, there are two essential parts to identifying PDD’s

future

THE FIRST FLOOD OF THIS YEAR OCCURRED IN QIANTANG RIVER According to the Zhejiang Provincial Water Resources Department, the Lanxi station of Qiantang River reached the warning level at 7 am on the 24th, and the No.1 flood of this year occurred in the Qiantang River Basin. At present, the total water storage of large and medium-sized reservoirs in Zhejiang Province is 25.569 billion cubic meters, 1.675 billion cubic meters more than that of the CHANGAN AUTOMOBILE: CHANGAN WEILAI, A HOLDING SUBSIDIARY Changan Weilai New Energy Automobile Technology Co., Ltd., a holding subsidiary of Chongqing Changan Automobile Co., Ltd., was officially renamed avita Technology Co., Ltd. on May 20, according to Changan Automobile's announcement. SK HYNIX RESPONDS TO THE LEAKAGE ACCIDENT: IT HAS BEEN Sk Hynix responds to the leakage accident: it has been properly handled on the same day. Three workers were injured in a leakage accident of hydrofluoric acid during the inspection of equipment on the 5th floor of SK Hynix Lichuan M16 plant, according to South Korean media. M16 plant is the DRAM production plant completed before. EQUALOCEAN - TECH FOR EQUALRESEARCHEO 500EVENTSSECTORSREAL ESTATEDINGDONG MAICAI EqualOcean is an international information service provider and investment research firm that aims to become a global platform for industrial innovation. We guide organizations with our analysis and help them solve complex business problems. HIMALAYA SUBMITTED ITS IPO PROSPECTUS TO THE US SEC, WITH Himalaya submitted its IPO application to the US SEC, with Goldman Sachs, Morgan Stanley, Bank of America and CICC as co underwriters, and Tencent, Yuewen, Baidu, Xiaomi, tal and Sony Music as its strategic investors.According to the prospectus, the Himalayan revenue in 2020 will be 4.05 billion yuan, a year-on-year increase of over

50%.

STEEL SHORTAGE IN SOUTH KOREA: RAW MATERIAL PRICES SOAR 80 After the outbreak of the epidemic last year, South Korea's construction demand shrank, and major steel enterprises reduced production one after another. As the construction industry recovers faster than expected this year, the demand for steel bars is surging. According to statistics, South Korea's current national steel inventory is only 80% of the same period last year. At this juncture,

a

DIGITAL CURRENCY ELECTRONIC PAYMENT: NOT A WARNING SIGNSEE MORE ON

EQUALOCEAN.COM

TOP 10 CHINESE HOME APPLIANCES COMPANIES Haier (600690:SH) topped with a 16% market share, followed by Whirlpool and Midea (000333:SZ), accounting for 11% and 7%, respectively. Regarding white home appliances, including washing machines, air conditioners and refrigerators, Chinese giants' are giving a rosy performance in both market share and production

capacity.

FRESHHEMA: FUTURE OF ALIBABA? This report will focus on Fresh Hema. Fresh Hema (Hema, 盒马鲜生) will help to bring Alibaba's new retail ambition into reality. Alibaba firstly creates the word "new retail" and define it as a data-driven way to integrate online and offline. EqualOcean believes that Hema will be one of the most critical parts of Alibaba's future direction GROWTH AND CHALLENGES OF PINDUODUO, THE CHINESE EBAY Still, the increasing branding quality and boosting efficiency in C2M may pose challenges here. We apply a 2.5% perpetual growth rate. Our bull case and bear case scenario valuations suggest a 33% upside and 26% downside, respectively. In the long term, from EqualOcean’s perspective, there are two essential parts to identifying PDD’s

future

THE FIRST FLOOD OF THIS YEAR OCCURRED IN QIANTANG RIVER According to the Zhejiang Provincial Water Resources Department, the Lanxi station of Qiantang River reached the warning level at 7 am on the 24th, and the No.1 flood of this year occurred in the Qiantang River Basin. At present, the total water storage of large and medium-sized reservoirs in Zhejiang Province is 25.569 billion cubic meters, 1.675 billion cubic meters more than that of the CHANGAN AUTOMOBILE: CHANGAN WEILAI, A HOLDING SUBSIDIARY Changan Weilai New Energy Automobile Technology Co., Ltd., a holding subsidiary of Chongqing Changan Automobile Co., Ltd., was officially renamed avita Technology Co., Ltd. on May 20, according to Changan Automobile's announcement. SK HYNIX RESPONDS TO THE LEAKAGE ACCIDENT: IT HAS BEEN Sk Hynix responds to the leakage accident: it has been properly handled on the same day. Three workers were injured in a leakage accident of hydrofluoric acid during the inspection of equipment on the 5th floor of SK Hynix Lichuan M16 plant, according to South Korean media. M16 plant is the DRAM production plant completed before. EQUALOCEAN - TECH FOR EQUAL EqualOcean is an international information service provider and investment research firm that aims to become a global platform for industrial innovation. We guide organizations with our analysis and help them solve complex business problems. TOP 10 CHINESE HOME APPLIANCES COMPANIES Haier (600690:SH) topped with a 16% market share, followed by Whirlpool and Midea (000333:SZ), accounting for 11% and 7%, respectively. Regarding white home appliances, including washing machines, air conditioners and refrigerators, Chinese giants' are giving a rosy performance in both market share and production

capacity.

IS CHINA'S BEIDOU A BETTER VERSION OF GPS AND GLONASS A satellite system with global coverage is termed a Global Navigation Satellite System (GNSS). Current GNSSs include the Global Positioning System (GPS) developed by the United States, the Global Navigation Satellite System (GLONASS) operated by Russia and the BeiDou Navigation Satellite System (BDS), which was launched by China in June 2020, and the European Union’s Galileo. LU JIAZUI: SUPERVISOR LI MINKUN'S FAMILY MEMBERS TRADE Lu Jiazui announced that the securities account of Yin Shujun, the spouse of Li Minkun, the supervisor of the company, bought and sold the company's shares from February 10, 2021 to June 4, 2021, which constituted a short-term transaction. On February 10, 2021, Yin Shujun purchased 20000 shares of the company's shares (which have been declared as required). On June 4, 2021, Yin Shujun sold his SOFTBANK GROUP COMPLETED 1 TRILLION YEN SHARE REPURCHASE Consumer Staples. MINISO after COVID-19: Open to Online Business, Stall Economy and Embracing IP for Toys. The company recovered to the pre-pandemic level, but not the same outlook in 2019. SHANGHAI CONSTRUCTION ENGINEERING: WON THE BID FOR 3.799 Shanghai Construction Engineering announced that recently, the company received the letter of acceptance for the construction of phase IV Project (except pile foundation) of International Business Garden in Linkong 12 plot, with the bid winning price of about 3.799 billion

yuan.

GOODWAY: SHORT TERM CONTROLLABLE IMPACT OF CHIP SHORTAGE Goodway said on the interactive platform that the impact of the current chip shortage on the company's production can be controlled in the short term, and it is expected that the chip supply shortage will be gradually alleviated in the second half of the year. DEHONG SHARES: COMPLETED THE REPURCHASE AND CANCELLATION Dehong shares announced that the repurchase and cancellation of the company's equity incentive restricted shares has been completed. A total of 1330700 shares of restricted shares were repurchased and cancelled this time. After the cancellation, the total share capital of the company was reduced from 262692612 shares to 261361901 shares, and the proportion of shares held by each shareholder ALIBABA CLOUD ADDS TWO NEW DATA CENTERS IN INDONESIA AND Alibaba cloud has added two new data centers in Indonesia and the Philippines, and plans to invest more than 6 billion yuan to expand infrastructure and support localized ecological development within three years. According to the official introduction, the scale of Alibaba cloud in the overseas market has increased more than 10 times in three years. According to Gartner, alicloud ranks first AVIC CAPITAL: SECURITIES ABBREVIATION TO BE CHANGED TO AVIC capital announced that the company plans to change its name to "AVIC Industrial Finance Holding Co., Ltd." and change its securities abbreviation from "AVIC capital" to "AVIC Industrial Finance".

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TAL

30.00

-3.27（-9.83%）

Yihai International

55.30

-5.95（-9.71%）

BYD Electronics

52.80

3.55（+7.21%）

Futu

154.70

9.22（+6.34%）

Haidilao

42.15

-2.8（-6.23%）

Geely

22.25

1.3（+6.21%）

Zhihu

9.78

0.55（+5.96%）

Man Wah

19.74

1.08（+5.79%）

San'an Optoelectronics

28.98

1.58（+5.77%）

Wantai

235.70

12.19（+5.45%）

Lomon Billions

36.89

1.89（+5.4%）

offcn

26.76

1.37（+5.4%）

iQIYI

14.47

0.72（+5.24%）

Fuyao

53.25

2.55（+5.03%）

NARI

31.00

1.48（+5.01%）

CR Micro

63.01

2.97（+4.95%）

Jiugui

252.80

11.8（+4.9%）

GSX Techedu

27.08

-1.29（-4.55%）

Linklogis

16.88

-0.8（-4.52%）

CATL

432.21

17.43（+4.2%）

Top Sports

12.48

0.48（+4%）

China Southern Power Grid

10.55

-0.42（-3.83%）

Angelyeast

59.80

-2.28（-3.67%）

Hansoh

32.95

-1.25（-3.65%）

Ming Yuan Cloud

37.20

-1.4（-3.63%）

OneConnect

13.50

-0.5（-3.57%）

Bilibili

108.93

3.69（+3.51%）

GigaDevice

142.62

4.62（+3.35%）

NSIG

28.22

0.91（+3.33%）

In depth

_Consumer Staples_

MINISO after COVID-19: Open to Online Business, Stall Economy and Embracing IP for Toys Jun 04, 2021 07:30 PM Zepp Health Boosts R&D, Goes Global to Minimize Reliance on Xiaomi Trip.com's New Start – the Hong Kong IPO Pinduoduo: A Buy-the-Dip Opportunity?

Insight

_Financials_

360 DigiTech: a Maturing Chinese Fintech with Flexibility and Promise Jun 03, 2021 10:55 AM

Insight

_Financials_

Lexin, A Fintech to Benefit from China's Crackdown on Ant Group May 31, 2021 02:21 PM

Insight

_Automotive_

Xpeng's P5 Is The Next Killer Model in China's Booming EV Space May 27, 2021 04:29 PM

Insight

_Healthcare_

Genetron Health's Self-Developed Mutation Capsule Differentiates It

from Others

May 26, 2021 05:17 AM

_Automotive_

Tesla China's Orders in May Nearly Halved due to Increased Scrutiny

_Industrials_

Biden Expands Trump's Blacklist of Prohibited Chinese Companies

_Automotive_

Tesla's May Orders in China Reportedly Halved from April

Research

_Technology_

Equity Research Report: Xiaomi Corporation May 20, 2021 07:23 PM

Insight

_Financials_

China's Fintech: 6 Listed Firms Giving Access to Asia's Most Vibrant

Ecosystem

May 21, 2021 06:33 PM

Insight

_Automotive_

A Peek into China's Best-Selling EV, a Product of GM and SAIC's Joint

Venture

May 13, 2021 10:14 PM

In depth

_Technology_

Qualcomm: New Growth Points in China Fraught with Competition and Chip

Shortage Risks

The chipmaker experienced significant growth in the last quarter, owing to the strong demand for smartphone chips, especially in the

Chinese market.

May 23, 2021 07:39 PM

_Technology_

58 Group's Former Vice President Li Xiaoyang to Join Baidu amid

Personnel Changes

The new head of investment, Li Xiaoyang, has a low-profile and pragmatic style, perhaps in line with Baidu's investment style, reporting directly to the firm's chairman and CEO, Li Yanhong. Jun 03, 2021 03:49 PM

_Technology_

TSMC Discloses the Latest Innovations at 2021 Online Technology

Symposium

The global chip giant is introducing the N6RF for enhanced 5G smartphone and WiFi 6/6e performance, N5A for state-of-the-art automotive applications, and enhancements across the range of 3DFabric

technologies.

Jun 03, 2021 03:46 PM

_Technology_

Qualcomm and Xiaomi Pour USD 190 Mn into Autonomous Driving Startup

Zongmu Technology

Following the investment, the firm is eyeing an IPO on the Science and

Technology Board.

Jun 03, 2021 12:18 PM

_Automotive_

XPeng Says Second-Quarter Deliveries Could Beat Guidance After posting strong May vehicle delivery figures, a top executive at Chinese electric vehicle company XPeng Motors said the company could exceed its previous guidance for second-quarter deliveries. Jun 03, 2021 10:35 AM

_Industrials_

Tesla's Battery Supplier CATL Signs 10-Year Agreement with Great Wall

Motor

The two companies are aiming at deeper cooperation towards the carbon

neutrality.

Jun 02, 2021 11:28 PM

_Technology_

TSMC: US Plant Starts Construction, Expected to Start Operation in

2024

The world's largest chip manufacturer is accelerating its global

expansion.

Jun 02, 2021 11:27 PM

ResearchMore__

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_Financials__, _ _Technology_ The Star Market Overview 1Q 2021 May 03, 2021 09:18 AM

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_Healthcare__, _ _Financials__, _

_Technology_

WIA2020 | 30 Tech Entrepreneurs in China Apr 22, 2021 03:11 PM

Research

_Technology_

China: Transcending the Cloud Mar 01, 2021 07:00 PM

_Automotive_

Li Auto's Sales in May Up by 101% Year-on-Year

_Automotive_

Baidu Aims to Roll Out First Car in 2022

_Automotive_

BYD Said to Launch New High-end Model in Q4, Priced at Up to USD

125,400

_Consumer Staples_

Shiyuedaotian Completes Series B Funding of CNY 1.45 Bn On May 31, this financing round was jointly led by Sequoia Capital China and Yunfeng Capital, followed by CMC Capital, Taihe Capital and

GenBridge Capital.

May 31, 2021 05:03 PM

_Technology_

Huawei's Ren Zhengfei Calls for Focus on HarmonyOS and Software

Businesses

On May 30, in an internal memo, Huawei founder Ren Zhengfei called on the company's employees to dare to lead the world in the software field, thus gaining greater independence and autonomy while the company is actively seeking growth outside its hardware business. May 31, 2021 01:35 PM

_Automotive_

CATL, Major Battery Supplier, Hits CNY 1 Trillion Market Cap for First

Time

Shares of Contemporary Amperex Technology (CATL), the battery supplier to Chinese electric vehicle company NIO, as well as Tesla, surged in Shenzhen trading on Monday, sending its market capitalization to touch CNY 1 trillion (USD157 billion) for the first time and marking a significant moment in the development of China's new energy vehicle

industry.

May 31, 2021 11:25 AM

_Automotive_

First Model Sold in Huawei Channel Begins Delivery Chongqing Sokon's Seres SF5, the first model sold in Huawei's channel, was delivered to its first owners on May 29, as scheduled. May 31, 2021 11:07 AM

_Industrials_

JD Logistics Lands on Hong Kong Stock Exchange As of now, the company's stock price is HKD 41.7 with a market value of HKD 274.4 billion. May 28, 2021 02:59 PM _Consumer Discretionary_ China's Tech Regulatory Woes Might Have Caused Zuoyebang's IPO

Suspension

The company's application has been postponed owing to misleading marketing and pricing strategies, some in the industry believe. May 28, 2021 09:33 AM

In depth

_Technology_

Driverless Truck Innovator TuSimple: Not as Strong as Some Think On April 15, 2021, TuSimple became the first Nasdaq-listed self-driving company. May 17, 2021 02:43 PM

_Automotive_

NIO Delivered 6,711 Vehicles in May, Up 95.3% from a Year Ago Jun 01, 2021 04:54 PM

_Automotive_

XPeng Delivered 5,686 Units in May, Up 483% from a Year Ago Jun 01, 2021 04:28 PM

_Automotive_

XPeng Starts Beta Testing of Latest System, Debuts Memory Parking

Feature

Jun 01, 2021 10:06 AM

_Healthcare_

Alibaba Health's FY2021 Financial Performance: Net Profit Up 198.5% The revenue of Alibaba Health in the fiscal year 2021 hit CNY 15.52 billion, finally breaking even. May 27, 2021 01:58 PM _Consumer Discretionary_ Xiaomi Racks CNY 76.9 Bn Revenue in Q1 2021 The results exceeded analyst expectations as Xiaomi pounced into the market gap left by Huawei. May 27, 2021 11:49 AM

_Automotive_

Li Auto Says Global Chip Shortage Could Continue into Next Year Li Auto's Q1 revenue jumped 320% year-on-year to $545.7 million, beating expectations. May 27, 2021 10:07 AM

_Technology_

Kingsoft's Q1 2021: Net Profit Surges 1,763% On May 25, Kingsoft released its financial report for the first quarter of 2021, along with solid revenue growth, surging net income and rising R&D costs. May 26, 2021 06:13 PM

_Technology_

US Removes Xiaomi from Trade Blacklist As Xiaomi officially turned away from the battle with the US government, a higher court formally lifted all restrictions on US investment in the company – the stock price of Xiaomi surged afterward to around 1.80% to HKD 28.250 in pre-marketing trading on

Wednesday.

May 26, 2021 04:26 PM

_Automotive_

Li Auto Announces Q1 2021 Financial Results Li Auto has been producing decent financial results but the stock price of the firm has had a downward trend over the past six months. May 26, 2021 02:10 PM

More news

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countries.

__Updated 1 min ago * Ren Zeping of Soochow Securities: RMB exchange rate has appreciation Foundation __Updated 23 mins ago * The United States, Britain and France sign trilateral agreement to expand the scope of Naval Operations __Updated 1 hour ago * Huawei has donated all of Hongmeng's basic capabilities to open source in an all-round way __Updated 1 hour ago * Haitong strategy: this wave of A-share market rise will be a considerable range, is expected to create a new year's high sustained

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__Updated 1 hour ago * "White paper on 6G overall vision and potential key technologies"

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November

__Updated 2 hours ago * Since the beginning of this year, more than 300 new third board companies have completed stock issuance and financing __Updated 2 hours ago * Anmeng, President of Qualcomm: 5 5g mobile phones shipped per

second in China

__Updated 3 hours ago * Renren video was taken off shelves due to bad content of "quick

watch"

__Updated 3 hours ago * German media: Xiaomi and German Telecom successfully realize 5g

vonr call

__Updated 3 hours ago * Zhuo Chuang information: it is estimated that as of June 13, the billet profit in Tangshan area will be about 355 yuan / ton, up on a month on month basis __Updated 3 hours ago * Leaving Guangzhou from 12:00 on June 7 requires a negative nucleic acid test certificate within 48 hours __Updated 3 hours ago * Guotai Junan: the rising market driven by the decline of denominator side risk assessment gradually opened __Updated 3 hours ago * The investment promotion and protection agreement signed by Hong Kong and Mexico will come into force on June 16 __Updated 4 hours ago * Microsoft's $16 billion acquisition of nuance, an AI company, has been approved by US antitrust authorities __Updated 4 hours ago * During the "three summers" period, nearly 30% of the country's summer harvest progress, and the overall progress of agricultural production is smooth __Updated 4 hours ago * CEO Jiang Xiaobai talks about live broadcasting with goods: promotion of KOL and low price discount into live broadcasting room have little significance __Updated 5 hours ago * Economic Daily front page headline: land transfer revenue collection and management responsibilities why transfer __Updated 5 hours ago * Pig prices have been slashed all the way down: Farmers' profit from raising a pig in "highlight time" is as high as 3000 yuan, and now they are losing more than 1000 yuan __Updated 5 hours ago * Huawei invests in lithography machine company and becomes the seventh largest shareholder __Updated 5 hours ago * Square will invest $5 million to build a solar bitcoin mining

facility

__Updated 5 hours ago * Zhihu CEO Zhou Yuan: over 2.4 billion times of response views in the special activity of "asking for answers from science" __Updated 5 hours ago * Google and Facebook respond to G7 minimum enterprise tax agreement: support tax reform and pay more taxes __Updated 5 hours ago * Japanese automakers will spend $26 billion on R & D this year. __Updated 6 hours ago * Chairman of Kexing biology: vaccination with the third dose of vaccine antibody can rapidly increase by 10 times __Updated 6 hours ago * Foreign trade enterprises are still "hard to find a box" and some shipping routes have increased nearly 10 times __Updated 6 hours ago * In principle, vehicles in Nansha District of Guangzhou can only get

in and out

__Updated 6 hours ago * Sesame credit: in the past seven years since its establishment, it has accumulated 400 billion yuan free deposit for users __Updated 6 hours ago * 600 million people in China are short-sighted, more than 90% of college students are short-sighted __Updated 6 hours ago * Chinese Foreign Minister Wang Yi: China Indonesia cooperation has been upgraded from "three wheel coach" to "four wheel drive" __Updated 7 hours ago * France welcomes G7 agreement on minimum tax rate for multinational

enterprises

__Updated 7 hours ago * Lijie sold Mead Johnson's China business to Chunhua capital for

$2.2 billion

__Updated 7 hours ago * Inspection of flood control and drought relief work in the Yellow River Basin by the State Flood Control General Administration __Yesterday 11:03 PM * Wang Yong investigates and inspects the flood control work in

Jiangxi and Fujian

__Yesterday 10:46 PM * Beijing is carrying out carbon peak assessment and formulating a carbon neutral action plan __Yesterday 10:07 PM * The Thai government officially approved the opening of Phuket to foreign tourists from July 1. __Yesterday 09:03 PM * The number of public offering ETFs was 106, which exceeded the total amount of last year __Yesterday 08:32 PM * The UK will provide more than 100 million vaccines to developing

countries.

__Updated 1 min ago * Ren Zeping of Soochow Securities: RMB exchange rate has appreciation Foundation __Updated 23 mins ago * The United States, Britain and France sign trilateral agreement to expand the scope of Naval Operations __Updated 1 hour ago * Huawei has donated all of Hongmeng's basic capabilities to open source in an all-round way __Updated 1 hour ago * Haitong strategy: this wave of A-share market rise will be a considerable range, is expected to create a new year's high sustained

rise

__Updated 1 hour ago * "White paper on 6G overall vision and potential key technologies"

officially released

__Updated 2 hours ago * Weilai responds to the rumor about "Gemini": it is not a low-end product, Weilai brand will maintain its high-end positioning __Updated 2 hours ago * Baidu launched a one-stop college entrance examination service, which has been connected to apple, Huawei, oppo and vivo __Updated 2 hours ago * Samsung quantum dot OLED panel is expected to mass produce in

November

__Updated 2 hours ago * Since the beginning of this year, more than 300 new third board companies have completed stock issuance and financing __Updated 2 hours ago * Anmeng, President of Qualcomm: 5 5g mobile phones shipped per

second in China

__Updated 3 hours ago * Renren video was taken off shelves due to bad content of "quick

watch"

__Updated 3 hours ago * German media: Xiaomi and German Telecom successfully realize 5g

vonr call

__Updated 3 hours ago * Zhuo Chuang information: it is estimated that as of June 13, the billet profit in Tangshan area will be about 355 yuan / ton, up on a month on month basis __Updated 3 hours ago * Leaving Guangzhou from 12:00 on June 7 requires a negative nucleic acid test certificate within 48 hours __Updated 3 hours ago * Guotai Junan: the rising market driven by the decline of denominator side risk assessment gradually opened __Updated 3 hours ago * The investment promotion and protection agreement signed by Hong Kong and Mexico will come into force on June 16 __Updated 4 hours ago * Microsoft's $16 billion acquisition of nuance, an AI company, has been approved by US antitrust authorities __Updated 4 hours ago * During the "three summers" period, nearly 30% of the country's summer harvest progress, and the overall progress of agricultural production is smooth __Updated 4 hours ago * CEO Jiang Xiaobai talks about live broadcasting with goods: promotion of KOL and low price discount into live broadcasting room have little significance __Updated 5 hours ago * Economic Daily front page headline: land transfer revenue collection and management responsibilities why transfer __Updated 5 hours ago * Pig prices have been slashed all the way down: Farmers' profit from raising a pig in "highlight time" is as high as 3000 yuan, and now they are losing more than 1000 yuan __Updated 5 hours ago * Huawei invests in lithography machine company and becomes the seventh largest shareholder __Updated 5 hours ago * Square will invest $5 million to build a solar bitcoin mining

facility

__Updated 5 hours ago * Zhihu CEO Zhou Yuan: over 2.4 billion times of response views in the special activity of "asking for answers from science" __Updated 5 hours ago * Google and Facebook respond to G7 minimum enterprise tax agreement: support tax reform and pay more taxes __Updated 5 hours ago * Japanese automakers will spend $26 billion on R & D this year. __Updated 6 hours ago * Chairman of Kexing biology: vaccination with the third dose of vaccine antibody can rapidly increase by 10 times __Updated 6 hours ago * Foreign trade enterprises are still "hard to find a box" and some shipping routes have increased nearly 10 times __Updated 6 hours ago * In principle, vehicles in Nansha District of Guangzhou can only get

in and out

__Updated 6 hours ago * Sesame credit: in the past seven years since its establishment, it has accumulated 400 billion yuan free deposit for users __Updated 6 hours ago * 600 million people in China are short-sighted, more than 90% of college students are short-sighted __Updated 6 hours ago * Chinese Foreign Minister Wang Yi: China Indonesia cooperation has been upgraded from "three wheel coach" to "four wheel drive" __Updated 7 hours ago * France welcomes G7 agreement on minimum tax rate for multinational

enterprises

__Updated 7 hours ago * Lijie sold Mead Johnson's China business to Chunhua capital for

$2.2 billion

__Updated 7 hours ago * Inspection of flood control and drought relief work in the Yellow River Basin by the State Flood Control General Administration __Yesterday 11:03 PM * Wang Yong investigates and inspects the flood control work in

Jiangxi and Fujian

__Yesterday 10:46 PM * Beijing is carrying out carbon peak assessment and formulating a carbon neutral action plan __Yesterday 10:07 PM * The Thai government officially approved the opening of Phuket to foreign tourists from July 1. __Yesterday 09:03 PM * The number of public offering ETFs was 106, which exceeded the total amount of last year __Yesterday 08:32 PM

 



EqualOcean is an information service provider and investment research company that aims to become a global platform for industrial innovation. Founded in February 2014 and headquartered in Beijing, with a client network covering over 50 countries, the firm provides comprehensive professional services, including industry research, investment analysis, innovation consulting, data products, corporate branding and international strategy.

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