DingTalk, WeChat Cross-Platform Interoperability; Sohu Financials Released

With the rapid development of the internet industry, various platforms are constantly breaking boundaries to achieve resource sharing and business collaboration. Recently, the enterprise collaboration platform DingTalk took a significant step forward by achieving cross-platform functionality with WeChat. Now, you can directly initiate DingTalk meetings within WeChat and easily share the meetings with WeChat friends, who can conveniently join the meetings by registering with their phone number.

In terms of finance, Sohu Corporation has released its economic operation data for the fourth quarter and the whole year of 2023. According to Sohu’s financial report, its total revenue for the fourth quarter reached $141 million, while the cumulative revenue for the entire year was $601 million. Based on the company’s strong performance, Sohu’s board of directors decided to increase the company’s stock repurchase plan, raising the maximum limit from the original $80 million to $150 million.

Meanwhile, Apple recently faced heavy fines from the EU for allegedly abusing app store rules and was fined 1.8 billion euros. In response, Apple stated that it would appeal, arguing that the EU’s decision failed to fully consider the facts.

In the field of technology, during the national “Two Sessions,” Lei Jun of Xiaomi Group and Zhou Hongyi of Qihoo 360 brought several suggestions about the future of artificial intelligence. Lei Jun advocated for promoting AI literacy from the basic education stage, strengthening the construction of AI majors in higher education, and encouraging enterprises and educational institutions to jointly cultivate applied AI talents. Zhou Hongyi focused on proposals concerning security and AI, aiming to lay a solid foundation for the digitalization and development of the digital economy and to promote the industry’s evolution from digitalization to intelligence.

In terms of trademark registration, China Unicom recently filed several trademark applications related to “Unicom Metavision” and “Unicom Xingluo,” covering fields such as scientific instruments and communication services, with the current status being under review.

Cyber Group announced that based on open-source and self-developed video generation technology, their InsightGPT graphic video algorithm marketing product is officially launched, including “AI Selling Point Video” and “AI Dynamic Effect Poster” two sub-products, and they are currently inviting specific users for experience testing.

In the automotive industry, national NPC deputy He Xiaopeng presented several suggestions on exploring regulations for autonomous driving. These include allowing some cities to conduct low-speed autonomous driving pilots on major thoroughfares near public charging stations at night and conducting autonomous driving and parking trials for some users.

Finally, the BMW Group has launched a significant battery assembly plant construction plan in Thailand, announcing an investment of over 1.6 billion Thai baht (around 42 million euros) to acquire advanced equipment and systems, further strengthening its competitiveness in the electric vehicle field.

Global Automotive Industry Development Dynamics: It is reported that BMW Group is already in the planning stage, and plans to start the production of pure electric vehicles in Thailand from the second half of next year.

GAC International Capital Changes: According to the latest data from the Tianyancha app, GAC International Automobile Sales & Service Co., Ltd., recently underwent a change in industrial and commercial capital. Its registered capital increased significantly from 198 million yuan to 700 million yuan, an increase of approximately 253.5%. At the same time, the company’s legal representative has changed from Yu Jun to Feng Xingya, and several key management personnel have been replaced.

Extreme 07 Model Testing: On March 4th, the Extreme brand announced via its official Weibo account that the Extreme 07 model has successfully completed winter testing at minus 40 degrees Celsius.

Pony.ai Joint Venture Establishment: Also on March 4th, Pony.ai officially announced through its WeChat public account that they held a signing ceremony with South Korean technology company GemVaxLink in Seoul, and the two parties decided to establish a joint venture. This joint venture is expected to be established in Seoul within this year, focusing on the joint research and development of autonomous driving technologies and applications.

Real Estate Market Trends: Recently, Vanke’s stocks and domestic bonds have been hit by the market, with the price of AH shares both falling. Market media suggest that Vanke may be negotiating with lending institutions, especially insurance companies, about extending the terms of non-standard debts. In addition, China Evergrande Group has added 14 new information records as an executed person in a short time, involving a total execution target amount of 130 million yuan. Risk information shows that the total amount executed on Evergrande’s real estate group has exceeded 44.9 billion yuan. Meanwhile, Country Garden issued a subsequent announcement regarding its earlier liquidation application, stating that it will decide whether to lodge an appeal with the Hong Kong High Court based on the progress of overseas restructuring and will further inform shareholders and investors.

Financial Market Trends: Goldman Sachs Group recently decided to remove Apple from its “Conviction Buy List”, citing Apple’s lackluster stock performance and concerns about persistent sluggish demand for its main products. Goldman Sachs revealed to the media that they would review their “Conviction Buy List” monthly and remove investment choices that are no longer suitable.

Baoneng Group Legal Litigation: Recent legal proceedings information from Tianyancha reveals that Yao Zhenhua and several companies under Baoneng Group have added a new legal record for resuming execution, involving an amount of up to 830 million yuan. The case is being executed by the Jinan Intermediate People’s Court.

Caitong Securities Personnel Changes: Rumors say that the director of the Caitong Securities Research Institute, Li Yuebo, has resigned. In response, Caitong Securities stated that Director Li Yuebo needs to take a leave of absence due to personal health reasons. In his absence, the work of the Institute will be carried out by Deputy Director Xu Wangjun.

The 50 billion yuan private securities investment fund jointly established by China Life and New China Insurance has now completed the relevant product filing and has become a new force in the market. It is reported that the fund had already successfully received part of its paid-in capital before the filing was completed, demonstrating its readiness to engage in market transactions.

On the other end of the financial sector, Beijing Du Xiaoman Credit Co., Ltd. has recently significantly increased its capital, with its registered capital soaring from the original 1 million yuan to 100 million yuan, all of which was fully invested by Beijing Du Xiaoman Payment Technology Co., Ltd.

In the consumer sector, Haidilao International Holding Ltd., known for its direct sales model, has announced the opening of franchise rights, aiming to accelerate the expansion of its restaurant network through a diversified business strategy. Haidilao has established a franchising division responsible for drafting franchise details and the business cooperation process.

Meanwhile, Shanshan Commercial Group Co., Ltd. is also enhancing its capital strength, with its registered capital increased from 2.5 billion yuan to 3 billion yuan, and there has also been a change in the legal representative within its organizational structure.

In response to negative social media rumors about “suspected mouse tails found in ham,” Shandong Longda Meat Foodstuff Co. quickly responded. After investigation and authentication by authoritative organizations, the foreign object found in the product was confirmed not to be a mouse tail, thereby alleviating consumer concerns.

In the baijiu market, an insider from Shanxi Fenjiu revealed that starting from March 15, the ex-factory price of its core brand Qinghua 20 will increase by 20 yuan per bottle.

In terms of corporate personnel changes, Shanghai Maling announced a change in senior personnel. Zhang Qingfeng resigned from his positions as director and president of the company due to personal work adjustments and also left his position as a member of the Board’s Strategic Committee.

Additionally, in Chongqing’s commercial development, Yiwu Small Commodity City (Chongqing) Digital Industry Park Co., Ltd. was formally established, a joint investment by Chongqing Changshou Development Investment (Group) Co., Ltd. and Small Commodity City.

The well-known baijiu company Jiugui Liquor has experienced a change in senior management, with a new legal representative and chairman now in place, and the company’s structure and management team have also been adjusted accordingly.

In the logistics industry, JD.com has announced to the market its third-party product free shipping service upgrade plan. Based on already achieving free shipping for 90% of goods, JD.com plans to implement free shipping for the remaining 10% of third-party goods by the end of the month, providing the service for consumers who spend at least 59 yuan.

YTO Express is also expanding its business scope, with the latest investment in the agricultural technology sector, holding approximately 67% of the shares of Urumqi Pioneer Weirui Agricultural Technology Co., Ltd., indicating YTO’s diversified business strategy.

News of company equity changes reveals that recent capital increase activities have raised the registered capital of Ningde Runyuan Electricity Technology Co., Ltd. from 50 million yuan to 63 million yuan, a 26% increase in registered capital. In this equity structure adjustment, Contemporary Amperex Technology Co. Limited (CATL), as the sole shareholder, firmly holds the company’s control.

The capital-increased Ningde Runyuan Electric Energy Technology Co., Ltd., as an important subsidiary of CATL, is dedicated to the research and development of electric energy technology. This capital expansion will further promote the company’s technological innovation and market expansion.

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