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勇敢的謝爾頓

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勇敢的謝爾頓

2021-05-07

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Dropbox Q1 revenue of $510 million, net income up 21% year over year

勇敢的謝爾頓

2021-05-07

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勇敢的謝爾頓

2021-03-31

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勇敢的謝爾頓

2021-03-28

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勇敢的謝爾頓

2021-03-26

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Bilibili-SW won 10% of the first lot, and subscribed 25 lots to win the first lot

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2021-03-25

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@我就是阿硕:$Cellect Biotechnology Ltd.(APOP)$7.3空，5.1走了，目前來看操作很犀利[暗中觀察]

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2021-03-23

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Tencent Music Q4 and Full-Year Financial Report Bright, After-Hours Stock Price Once Hit a New High

勇敢的謝爾頓

2021-03-17

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According to the report, Dropbox's total revenue in the first quarter was US$511.6 million, an increase of 12% compared with US$455.0 million in the same period of last year. Excluding the impact of exchange rate changes, it was an increase of 11% year-on-year; Net income of $47.6 million, up 21% from net income of $39.3 million in the same period last year; Non-GAAP adjusted net income was $141.8 million, compared to $69.8 million a year earlier.</p><p>Dropbox's first-quarter revenue and adjusted earnings per share both beat Wall Street analysts' estimates, driving its shares up nearly 2% after hours.</p><p><img src=\"https://static.tigerbbs.com/7cdec3e6dcc56ee4828167017836a71e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><b>First quarter results summary:</b></p><p>Dropbox's total revenue in the first quarter was $511.6 million, an increase of 12% compared with $455.0 million in the same period last year. Excluding the impact of exchange rate changes, it was an increase of 11% year-on-year, which exceeded Wall Street analysts' expectations. According to<a href=\"https://laohu8.com/S/YHOO\">Yahoo</a>According to the data provided by the financial channel, nine analysts had expected Dropbox's total revenue in the first quarter to reach $505.18 million on average.</p><p>On a U.S. GAAP basis, Dropbox's first-quarter net income was $47.6 million, up 21% compared to a year-ago net income of $39.3 million. Excluding certain one-time items (not in accordance with U.S. GAAP), Dropbox reported adjusted net income of $141.8 million in the first quarter, compared to $69.8 million in the prior-year quarter.</p><p>On a U.S. GAAP basis, Dropbox's diluted earnings per share attributable to common shareholders were $0.12 in the first quarter, compared to $0.09 in the year-ago quarter. Excluding certain one-time items (not in accordance with U.S. GAAP), Dropbox's diluted earnings per share attributable to common shareholders were $0.35 in the first quarter, compared to $0.17 in the year-ago quarter, a performance that also beat Wall Street analysts' expectations. According to<a href=\"https://laohu8.com/S/YHOO\">Yahoo</a>According to data provided by the financial channel, the average of 10 analysts had expected Dropbox to report adjusted earnings of $0.3 per share in the first quarter.</p><p>Dropbox posted a gross profit of $402.3 million in the first quarter, compared to a gross profit of $351.9 million a year earlier. Dropbox earned $42.5 million from operations in the first quarter, compared to $26.8 million a year earlier.</p><p>Dropbox's total operating expenses were $359.8 million in the first quarter, compared to $325.1 million in the prior-year quarter. Among them, R&D expenditure was US$181.2 million, compared to US$181.8 million in the same period last year; Sales and marketing expenses were $102.7 million, compared to $104.3 million a year earlier; General and administrative expenses were $58.6 million, compared to $39 million in the prior year period; Impairment charges related to real assets were US$17.3 million, compared to no such charge in the same period last year.</p><p>Dropbox's total ARR (Accounting Yield Method, a measure of profitability) was $2.112 billion at the end of the first quarter, up 13% compared to the prior-year quarter. Excluding the impact of currency movements, Dropbox's total ARR at the end of the first quarter increased by $60.5 million compared to the previous quarter and 12% compared to the prior year quarter.</p><p>Dropbox had 15.83 million paid subscribers at the end of the first quarter, compared to 14.59 million at the end of the first quarter of fiscal 2020; The average revenue per paid user was $132.55, compared to $126.30 in the prior-year quarter.</p><p>On a U.S. GAAP basis, Dropbox had a gross margin of 78.6% in the first quarter, compared to 77.3% a year earlier. Excluding certain one-time items (not in accordance with U.S. GAAP), Dropbox's first-quarter gross margin was 80.2%, compared to 78.3% in the prior-year quarter.</p><p>On a U.S. GAAP basis, Dropbox's operating margin was 8.3% in the first quarter, compared to 5.9% a year earlier. Excluding certain one-time items (not in accordance with U.S. GAAP), Dropbox's operating margin was 29.1% in the first quarter, compared to 16.1% a year earlier.</p><p>Dropbox's net cash from business operating activities in the first quarter was $115.7 million, compared with $53.3 million in the same period last year. Dropbox's operating cash flow in the first quarter was $108.8 million, compared to $25.5 million in the prior-year quarter.</p><p>At the end of the first quarter, Dropbox held cash and cash equivalents and short-term investments totaling $1.916 billion.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dropbox Q1 revenue of $510 million, net income up 21% year over year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDropbox Q1 revenue of $510 million, net income up 21% year over year\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-07 04:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>May 7, Cloud Storage Service Providers<a href=\"https://laohu8.com/S/AMC\">Dropbox</a>U.S. stocks reported the company's first quarter fiscal 2021 earnings after the bell. According to the report, Dropbox's total revenue in the first quarter was US$511.6 million, an increase of 12% compared with US$455.0 million in the same period of last year. Excluding the impact of exchange rate changes, it was an increase of 11% year-on-year; Net income of $47.6 million, up 21% from net income of $39.3 million in the same period last year; Non-GAAP adjusted net income was $141.8 million, compared to $69.8 million a year earlier.</p><p>Dropbox's first-quarter revenue and adjusted earnings per share both beat Wall Street analysts' estimates, driving its shares up nearly 2% after hours.</p><p><img src=\"https://static.tigerbbs.com/7cdec3e6dcc56ee4828167017836a71e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><b>First quarter results summary:</b></p><p>Dropbox's total revenue in the first quarter was $511.6 million, an increase of 12% compared with $455.0 million in the same period last year. Excluding the impact of exchange rate changes, it was an increase of 11% year-on-year, which exceeded Wall Street analysts' expectations. According to<a href=\"https://laohu8.com/S/YHOO\">Yahoo</a>According to the data provided by the financial channel, nine analysts had expected Dropbox's total revenue in the first quarter to reach $505.18 million on average.</p><p>On a U.S. GAAP basis, Dropbox's first-quarter net income was $47.6 million, up 21% compared to a year-ago net income of $39.3 million. Excluding certain one-time items (not in accordance with U.S. GAAP), Dropbox reported adjusted net income of $141.8 million in the first quarter, compared to $69.8 million in the prior-year quarter.</p><p>On a U.S. GAAP basis, Dropbox's diluted earnings per share attributable to common shareholders were $0.12 in the first quarter, compared to $0.09 in the year-ago quarter. Excluding certain one-time items (not in accordance with U.S. GAAP), Dropbox's diluted earnings per share attributable to common shareholders were $0.35 in the first quarter, compared to $0.17 in the year-ago quarter, a performance that also beat Wall Street analysts' expectations. According to<a href=\"https://laohu8.com/S/YHOO\">Yahoo</a>According to data provided by the financial channel, the average of 10 analysts had expected Dropbox to report adjusted earnings of $0.3 per share in the first quarter.</p><p>Dropbox posted a gross profit of $402.3 million in the first quarter, compared to a gross profit of $351.9 million a year earlier. Dropbox earned $42.5 million from operations in the first quarter, compared to $26.8 million a year earlier.</p><p>Dropbox's total operating expenses were $359.8 million in the first quarter, compared to $325.1 million in the prior-year quarter. Among them, R&D expenditure was US$181.2 million, compared to US$181.8 million in the same period last year; Sales and marketing expenses were $102.7 million, compared to $104.3 million a year earlier; General and administrative expenses were $58.6 million, compared to $39 million in the prior year period; Impairment charges related to real assets were US$17.3 million, compared to no such charge in the same period last year.</p><p>Dropbox's total ARR (Accounting Yield Method, a measure of profitability) was $2.112 billion at the end of the first quarter, up 13% compared to the prior-year quarter. Excluding the impact of currency movements, Dropbox's total ARR at the end of the first quarter increased by $60.5 million compared to the previous quarter and 12% compared to the prior year quarter.</p><p>Dropbox had 15.83 million paid subscribers at the end of the first quarter, compared to 14.59 million at the end of the first quarter of fiscal 2020; The average revenue per paid user was $132.55, compared to $126.30 in the prior-year quarter.</p><p>On a U.S. GAAP basis, Dropbox had a gross margin of 78.6% in the first quarter, compared to 77.3% a year earlier. Excluding certain one-time items (not in accordance with U.S. GAAP), Dropbox's first-quarter gross margin was 80.2%, compared to 78.3% in the prior-year quarter.</p><p>On a U.S. GAAP basis, Dropbox's operating margin was 8.3% in the first quarter, compared to 5.9% a year earlier. Excluding certain one-time items (not in accordance with U.S. GAAP), Dropbox's operating margin was 29.1% in the first quarter, compared to 16.1% a year earlier.</p><p>Dropbox's net cash from business operating activities in the first quarter was $115.7 million, compared with $53.3 million in the same period last year. Dropbox's operating cash flow in the first quarter was $108.8 million, compared to $25.5 million in the prior-year quarter.</p><p>At the end of the first quarter, Dropbox held cash and cash equivalents and short-term investments totaling $1.916 billion.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3a51a02ea9a24f4d4f0b9e4e8e4c6bc7","relate_stocks":{"DBX":"Dropbox Inc."},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133691576","content_text":"5月7日，云存储服务提供商Dropbox美股盘后公布了该公司的2021财年第一季度财报。报告显示，Dropbox第一季度总营收为5.116亿美元，与上年同期的4.550亿美元相比增长12%，不计入汇率变动的影响为同比增长11%；净利润为4760万美元，与上年同期的净利润3930万美元相比增长21%；不按照美国通用会计准则的调整后净利润为1.418亿美元，相比之下上年同期为6980万美元。\nDropbox第一季度营收和调整后每股收益均超出华尔街分析师预期，从而推动其盘后股价上涨近2%。\n\n第一季度业绩概要：\nDropbox第一季度总营收为5.116亿美元，与上年同期的4.550亿美元相比增长12%，不计入汇率变动的影响为同比增长11%，这一业绩超出华尔街分析师预期。据雅虎财经频道提供的数据显示，9名分析师此前平均预期Dropbox第一季度总营收将达5.0518亿美元。\n按照美国通用会计准则，Dropbox第一季度净利润为4760万美元，与上年同期的净利润3930万美元相比增长21%。不计入某些一次性项目（不按照美国通用会计准则），Dropbox第一季度的调整后净利润为1.418亿美元，相比之下上年同期为6980万美元。\n按照美国通用会计准则，Dropbox第一季度归属于普通股股东的每股摊薄收益为0.12美元，相比之下去年同期为0.09美元。不计入某些一次性项目（不按照美国通用会计准则），Dropbox第一季度归属于普通股股东的每股摊薄收益为0.35美元，相比之下去年同期为0.17美元，这一业绩也超出华尔街分析师预期。据雅虎财经频道提供的数据显示，10名分析师此前平均预期Dropbox第一季度调整后每股收益将达0.3美元。\nDropbox第一季度毛利润为4.023亿美元，相比之下上年同期的毛利润为3.519亿美元。Dropbox第一季度运营利润为4250万美元，相比之下上年同期为2680万美元。\nDropbox第一季度总运营支出为3.598亿美元，相比之下上年同期为3.251亿美元。其中，研发支出为1.812亿美元，相比之下上年同期为1.818亿美元；销售和营销支出为1.027亿美元，相比之下上年同期为1.043亿美元；总务和行政支出为5860万美元，相比之下上年同期为3900万美元；与不动产资产相关的减值支出为1730万美元，而上年同期并无这项支出。\n截至第一季度末，Dropbox的总ARR（会计收益率法，一种衡量盈利性的方法）为21.12亿美元，与上年同期相比增长13%。不计入汇率变动影响，Dropbox截至第一季度末的总ARR与上一季度相比增长6050万美元，与上年同期相比增长12%。\n截至第一季度末，Dropbox的付费用户人数为1583万人，相比之下截至2020财年第一季度末为1459万人；平均每付费用户收入为132.55美元，相比之下上年同期为126.30美元。\n按照美国通用会计准则，Dropbox第一季度毛利率为78.6%，相比之下上年同期为77.3%。不计入某些一次性项目（不按照美国通用会计准则），Dropbox第一季度毛利率为80.2%，相比之下上年同期为78.3%。\n按照美国通用会计准则，Dropbox第一季度运营利润率为8.3%，相比之下上年同期为5.9%。不计入某些一次性项目（不按照美国通用会计准则），Dropbox第一季度运营利润率为29.1%，相比之下上年同期为16.1%。\nDropbox第一季度来自于业务运营活动的净现金为1.157亿美元，相比之下上年同期为5330万美元。Dropbox第一季度运营现金流为1.088亿美元，相比之下上年同期为2550万美元。\n截至第一季度末，Dropbox所持现金和现金等价物以及短期投资总额为19.16亿美元。","news_type":1,"symbols_score_info":{"DBX":0.9}},"isVote":1,"tweetType":1,"viewCount":3506,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105453549,"gmtCreate":1620320405681,"gmtModify":1704341977568,"author":{"id":"3572783242188448","authorId":"3572783242188448","name":"勇敢的謝爾頓","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572783242188448","idStr":"3572783242188448"},"themes":[],"htmlText":"[666]&nbsp;","listText":"[666]&nbsp;","text":"[666]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105453549","repostId":"1158264878","repostType":4,"isVote":1,"tweetType":1,"viewCount":2918,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354359307,"gmtCreate":1617146591009,"gmtModify":1704696326733,"author":{"id":"3572783242188448","authorId":"3572783242188448","name":"勇敢的謝爾頓","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572783242188448","idStr":"3572783242188448"},"themes":[],"htmlText":"[666]&nbsp;","listText":"[666]&nbsp;","text":"[666]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354359307","repostId":"2123217063","repostType":4,"isVote":1,"tweetType":1,"viewCount":2647,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352366174,"gmtCreate":1616895691298,"gmtModify":1704799774471,"author":{"id":"3572783242188448","authorId":"3572783242188448","name":"勇敢的謝爾頓","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572783242188448","idStr":"3572783242188448"},"themes":[],"htmlText":"[666]&nbsp;","listText":"[666]&nbsp;","text":"[666]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/352366174","repostId":"1184604009","repostType":4,"isVote":1,"tweetType":1,"viewCount":2419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358791815,"gmtCreate":1616727938337,"gmtModify":1704797968696,"author":{"id":"3572783242188448","authorId":"3572783242188448","name":"勇敢的謝爾頓","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572783242188448","idStr":"3572783242188448"},"themes":[],"htmlText":"[666]&nbsp;","listText":"[666]&nbsp;","text":"[666]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/358791815","repostId":"2122440827","repostType":4,"repost":{"id":"2122440827","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1616712839,"share":"https://ttm.financial/m/news/2122440827?lang=en_US&edition=fundamental","pubTime":"2021-03-26 06:53","market":"hk","language":"zh","title":"Bilibili-SW won 10% of the first lot, and subscribed 25 lots to win the first lot","url":"https://stock-news.laohu8.com/highlight/detail?id=2122440827","media":"老虎资讯综合","summary":"香港公开发售项下初步可供认购香港发售股份获大幅超额认购。合共接获270,785份有效申请，认购合共1.306亿股香港发售股份，相当于香港公开发售项下初步可供认购香港发售股份总数约174.19倍。假设并无行使超额配股权，按发售价每股发售股份808.00港元计算，估计公司将收取全球发售所得款项净额约198.735亿港元。倘悉数行使超额配股权，公司将就行使超额配股权后将予发行的额外375万股发售股份获得额外募集资金净额约29.961亿港元。","content":"<p>March 26 news, this Friday<a href=\"https://laohu8.com/S/09626\">Bilibili-SW</a>The company issued 25 million shares at a price of HK$ 808 per share and 20 shares per lot, which is expected to be listed on March 29th.</p><p>According to the closing price of US stocks on Thursday of $96.65, the equivalent price of Hong Kong stocks is about HK$ 743, a discount of 8.05% from the pricing of Hong Kong stocks of HK$ 808.<img src=\"https://static.tigerbbs.com/600bb34eb6bcc8659f2d28eb2a9dd432\" tg-width=\"657\" tg-height=\"547\" referrerpolicy=\"no-referrer\">Bilibili was subscribed 174.19 times during the Public Offer Stage and the final number of Offer Shares allocated to the Public Offer was 3 million, representing approximately 12% of the total Offer Shares (before any Over-allotment Option is exercised). A total of 270,785 valid applications were received, with a successful rate of 10% and 25 successful lots subscribed.</p><p>In addition, the International Offering was significantly over-subscribed and the final number of Offer Shares was 22 million, representing approximately 88% of the total number of Offer Shares.</p><p><b>Subscription ladder:</b></p><p>The entrance fee per lot (20 shares) of Group A is approximately HK$19,959.12.</p><p>Group B has 300 lots (6,000 shares), with the funds required for the subscription of approximately HK$5,987,736.46, and 7 lots (140 shares) were allocated.<img src=\"https://static.tigerbbs.com/ff5c1f0b136a1ce8a37005b6bd8511d7\" tg-width=\"554\" tg-height=\"609\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/49851feed08019a4dd4d7771cf10179a\" tg-width=\"559\" tg-height=\"458\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b796e41bb1aa4dd1b64a8229db766dc3\" tg-width=\"560\" tg-height=\"489\" referrerpolicy=\"no-referrer\">The net proceeds of approximately HK$19,873 million will be used for the following purposes: approximately 50% for content to support healthy and high-quality user growth, the growing content ecosystem and the development of our community; Approximately 20% for research and development to improve user experience and enhance user-centric commercialization capabilities; Approximately 20% is used for sales and marketing, which aims to promote user growth and enhance brand awareness; and approximately 10% for general corporate purposes and working capital requirements.</p><p>It is reported that Bilibili originated from the ACG content community website founded in 2009. At present, it has developed into an iconic brand and a leading video community for China's younger generation, providing a large number of rich content to meet the diverse interests of young people. The platform centers on professional user-generated video (PUGV), supplemented by live broadcast, professional organization-generated video (OGV), etc. The content categories cover many fields such as life, games, entertainment, animation, technology and knowledge.</p><p>In March 2018, the company listed on NASDAQ in the United States under the symbol BILI. As of the closing of U.S. stocks on March 25, 2021,<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>The total market capitalization of nearly $33.7 billion.</p><p>It is worth noting that according to the prospectus, Chen Rui, chairman and CEO of the board of directors, holds 14.2% of the shares and is the largest shareholder of the company; Tencent Holdings holds 12.4% as its second largest shareholder; President Xu Yi holds 8% of the shares and is the third largest shareholder of the company; Alibaba Taobao China Holdings Co., Ltd. is the fourth largest shareholder, holding 6.7%.</p><p>Bilibili has a large and rapidly growing user base. In 20Q4, the monthly active users of the platform reached 202 million, a year-on-year increase of 55%. At the same time, Bilibili mobile monthly active users increased by 49% between 2019 and 2020, which was the highest growth rate of mobile monthly active users among the top ten video mobile applications in China in 2020, which was higher than the average growth rate of the other nine video mobile applications in the same period (11.9%).</p><p>In terms of financial data, revenue has grown rapidly in recent years. From 2018 to 2020, the net turnover of the Company was RMB4,129 million, RMB6,778 million and RMB11,999 million, respectively, with a CAGR of 70.5%. The gross profit margin for the same periods was 20.7%, 17.6% and 23.7%, respectively.</p><p>During the Track Record Period, Bilibili recorded a net loss primarily because the company has been in a high growth stage and strategically invested in user growth through investments in brands and quality content to prepare for long-term profitability.</p><p>In terms of revenue structure, the company has realized diversified monetization models, mainly generating revenue from mobile games, value-added services, advertising, e-commerce and other aspects.</p><p>In terms of industry, pan-video platforms in China are mainly commercialized through advertising, mobile games, live streaming, membership and paid content and other channels. Since 2016, various commercialization channels in the pan-video market in China have grown significantly and are expected to continue to expand at a relatively high rate in the future. Among them, Z + generation, as the driving force and trend leader of all kinds of online consumption in China, is regarded as the golden group in the pan-video market. Video content has become an important way for Gen Z + to communicate and interact. In 2020, Gen Z + reached 452 million people, of which 74.3% watched various forms of video content, and this penetration rate is expected to further increase to 99.1% by 2025.</p><p>Generation Z + has become the most important pillar of China's pan-video market, accounting for 64.8% of the market size of the pan-video market in 2019, and the per capita output value increased from RMB516 in 2016 to RMB1,280 in 2019, and then to RMB3,042 in 2025.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bilibili-SW won 10% of the first lot, and subscribed 25 lots to win the first lot</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBilibili-SW won 10% of the first lot, and subscribed 25 lots to win the first lot\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-26 06:53</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>March 26 news, this Friday<a href=\"https://laohu8.com/S/09626\">Bilibili-SW</a>The company issued 25 million shares at a price of HK$ 808 per share and 20 shares per lot, which is expected to be listed on March 29th.</p><p>According to the closing price of US stocks on Thursday of $96.65, the equivalent price of Hong Kong stocks is about HK$ 743, a discount of 8.05% from the pricing of Hong Kong stocks of HK$ 808.<img src=\"https://static.tigerbbs.com/600bb34eb6bcc8659f2d28eb2a9dd432\" tg-width=\"657\" tg-height=\"547\" referrerpolicy=\"no-referrer\">Bilibili was subscribed 174.19 times during the Public Offer Stage and the final number of Offer Shares allocated to the Public Offer was 3 million, representing approximately 12% of the total Offer Shares (before any Over-allotment Option is exercised). A total of 270,785 valid applications were received, with a successful rate of 10% and 25 successful lots subscribed.</p><p>In addition, the International Offering was significantly over-subscribed and the final number of Offer Shares was 22 million, representing approximately 88% of the total number of Offer Shares.</p><p><b>Subscription ladder:</b></p><p>The entrance fee per lot (20 shares) of Group A is approximately HK$19,959.12.</p><p>Group B has 300 lots (6,000 shares), with the funds required for the subscription of approximately HK$5,987,736.46, and 7 lots (140 shares) were allocated.<img src=\"https://static.tigerbbs.com/ff5c1f0b136a1ce8a37005b6bd8511d7\" tg-width=\"554\" tg-height=\"609\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/49851feed08019a4dd4d7771cf10179a\" tg-width=\"559\" tg-height=\"458\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b796e41bb1aa4dd1b64a8229db766dc3\" tg-width=\"560\" tg-height=\"489\" referrerpolicy=\"no-referrer\">The net proceeds of approximately HK$19,873 million will be used for the following purposes: approximately 50% for content to support healthy and high-quality user growth, the growing content ecosystem and the development of our community; Approximately 20% for research and development to improve user experience and enhance user-centric commercialization capabilities; Approximately 20% is used for sales and marketing, which aims to promote user growth and enhance brand awareness; and approximately 10% for general corporate purposes and working capital requirements.</p><p>It is reported that Bilibili originated from the ACG content community website founded in 2009. At present, it has developed into an iconic brand and a leading video community for China's younger generation, providing a large number of rich content to meet the diverse interests of young people. The platform centers on professional user-generated video (PUGV), supplemented by live broadcast, professional organization-generated video (OGV), etc. The content categories cover many fields such as life, games, entertainment, animation, technology and knowledge.</p><p>In March 2018, the company listed on NASDAQ in the United States under the symbol BILI. As of the closing of U.S. stocks on March 25, 2021,<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>The total market capitalization of nearly $33.7 billion.</p><p>It is worth noting that according to the prospectus, Chen Rui, chairman and CEO of the board of directors, holds 14.2% of the shares and is the largest shareholder of the company; Tencent Holdings holds 12.4% as its second largest shareholder; President Xu Yi holds 8% of the shares and is the third largest shareholder of the company; Alibaba Taobao China Holdings Co., Ltd. is the fourth largest shareholder, holding 6.7%.</p><p>Bilibili has a large and rapidly growing user base. In 20Q4, the monthly active users of the platform reached 202 million, a year-on-year increase of 55%. At the same time, Bilibili mobile monthly active users increased by 49% between 2019 and 2020, which was the highest growth rate of mobile monthly active users among the top ten video mobile applications in China in 2020, which was higher than the average growth rate of the other nine video mobile applications in the same period (11.9%).</p><p>In terms of financial data, revenue has grown rapidly in recent years. From 2018 to 2020, the net turnover of the Company was RMB4,129 million, RMB6,778 million and RMB11,999 million, respectively, with a CAGR of 70.5%. The gross profit margin for the same periods was 20.7%, 17.6% and 23.7%, respectively.</p><p>During the Track Record Period, Bilibili recorded a net loss primarily because the company has been in a high growth stage and strategically invested in user growth through investments in brands and quality content to prepare for long-term profitability.</p><p>In terms of revenue structure, the company has realized diversified monetization models, mainly generating revenue from mobile games, value-added services, advertising, e-commerce and other aspects.</p><p>In terms of industry, pan-video platforms in China are mainly commercialized through advertising, mobile games, live streaming, membership and paid content and other channels. Since 2016, various commercialization channels in the pan-video market in China have grown significantly and are expected to continue to expand at a relatively high rate in the future. Among them, Z + generation, as the driving force and trend leader of all kinds of online consumption in China, is regarded as the golden group in the pan-video market. Video content has become an important way for Gen Z + to communicate and interact. In 2020, Gen Z + reached 452 million people, of which 74.3% watched various forms of video content, and this penetration rate is expected to further increase to 99.1% by 2025.</p><p>Generation Z + has become the most important pillar of China's pan-video market, accounting for 64.8% of the market size of the pan-video market in 2019, and the per capita output value increased from RMB516 in 2016 to RMB1,280 in 2019, and then to RMB3,042 in 2025.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5864d278f2595d2e7918e2cb2d118419","relate_stocks":{"BILI":"哔哩哔哩","09626":"哔哩哔哩-W"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2122440827","content_text":"3月26日消息，本周五哔哩哔哩-SW发布公告，公司发行2500万股，每股定价808港元，每手20股，预期3月29日上市。按照周四美股的收盘价96.65美元计算，折合港股价格约为743港元，较港股808港元的定价折价8.05%。公开发售阶段哔哩哔哩获174.19倍认购，分配至公开发售的发售股份最终数目为300万股，占发售股份总数的约12%（任何超额配股权获行使前）。合共接获270785份有效申请，一手中签率10%，认购25手稳中一手。此外，国际发售获大幅超额认购，发售股份最终数目为2200万股，相当于发售股份总数的约88%。申购阶梯：甲组每手（20股）入场费约19959.12港元。乙组头为300手（6000股），申购所需资金约5,987,736.46港元，获配7手（140股）。所得款项净额约198.73亿港元将用作以下用途：约50%用于内容，以支持健康和高质量的用户增长，不断增长的内容生态和我们的社区发展；约20%用于研发以改善用户体验和加强以用户为中心的商业化能力；约20%用于销售及营销，旨在促进用户增长及提升品牌知名度；及约10%用于一般企业用途及运营资本需要。据悉，哔哩哔哩起源于2009年创立的ACG内容型社区网站，目前已发展成为中国年轻一代的标志性品牌及领先的视频社区，提供大量丰富的内容以满足年轻人多元的兴趣。平台以专业用户生成视频（PUGV）为中心，辅以直播、专业机构生成视频（OGV）等，内容品类覆盖生活、游戏、娱乐、动漫、科技和知识等众多领域。2018年3月，公司在美国纳斯达克上市，代码BILI。截至2021年3月25日美股收盘，哔哩哔哩的总市值接近337亿美元。值得关注的是，根据招股书显示，董事会主席兼CEO陈睿持股14.2%，为公司最大股东；腾讯控股持股12.4%为其第二大股东；总裁徐逸持股8%，为公司第三大股东；阿里巴巴淘宝中国控股有限公司为第四大股东，持股6.7%。哔哩哔哩拥有庞大且快速增长的用户基础。20Q4，平台月活用户达到2.02亿人，同比增长55%。同时，哔哩哔哩移动端月活用户于2019年至2020年间增长49%，为2020年中国前十大视频移动端应用中移动端月活用户增长幅度最高，高于其余九大视频移动端应用在同期的平均增长率(11.9%)。财务数据方面，近年来营收增长迅猛，2018年至2020年，公司净营业额分别为人民币41.29亿元、67.78亿元及119.99亿元，复合年增长率为70.5%；同期毛利率分别为20.7%、17.6%及23.7%。于业绩记录期，哔哩哔哩录得净亏损，主要是因为公司一直处于高增长阶段，并通过投资于品牌及优质内容，战略性投入用户增长，为长期盈利能力作准备。营收结构方面，公司实现了多元的变现模式，主要从移动游戏、增值服务、广告、电商及其他方面带来收入。行业方面，中国的泛视频平台主要通过广告、移动游戏、直播、会员和付费内容及其他渠道进行商业化。自2016年以来，中国泛视频市场的各种商业化渠道显著增长，预期未来将以相对较高的速度继续扩张。其中，Z+世代作为中国各类线上消费的驱动力和趋势引领者，被视为泛视频市场的黄金群体。视频内容已经成为Z+世代交流和互动的重要途径。2020年Z+世代达到4.52亿人，其中74.3%观看各种形式的视频内容，预期到2025年此渗透率将进一步提升到99.1%。Z+世代已成为中国泛视频市场最重要的支柱，2019年占泛视频市场市场规模的64.8%，人均产值从2016年的人民币516元增加至2019年的人民币1280元，再到2025年的人民币3042元。","news_type":1,"symbols_score_info":{"09626":0.9,"BILI":0.9}},"isVote":1,"tweetType":1,"viewCount":3524,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351738975,"gmtCreate":1616632229797,"gmtModify":1704796631643,"author":{"id":"3572783242188448","authorId":"3572783242188448","name":"勇敢的謝爾頓","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572783242188448","idStr":"3572783242188448"},"themes":[],"htmlText":"[666]&nbsp;","listText":"[666]&nbsp;","text":"[666]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351738975","repostId":"351485009","repostType":1,"repost":{"id":351485009,"gmtCreate":1616626269001,"gmtModify":1704796523176,"author":{"id":"3483669283508638","authorId":"3483669283508638","name":"我就是阿硕","avatar":"https://static.tigerbbs.com/ef3a6f12848da8815606073e69dae4be","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3483669283508638","idStr":"3483669283508638"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/APOP\">$Cellect Biotechnology Ltd.(APOP)$</a>7.3空，5.1走了，目前來看操作很犀利[暗中觀察]&nbsp;","listText":"<a href=\"https://laohu8.com/S/APOP\">$Cellect Biotechnology Ltd.(APOP)$</a>7.3空，5.1走了，目前來看操作很犀利[暗中觀察]&nbsp;","text":"$Cellect Biotechnology Ltd.(APOP)$7.3空，5.1走了，目前來看操作很犀利[暗中觀察]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351485009","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2761,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353393450,"gmtCreate":1616459537670,"gmtModify":1704794322177,"author":{"id":"3572783242188448","authorId":"3572783242188448","name":"勇敢的謝爾頓","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572783242188448","idStr":"3572783242188448"},"themes":[],"htmlText":"[666]&nbsp;","listText":"[666]&nbsp;","text":"[666]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353393450","repostId":"2121510889","repostType":4,"repost":{"id":"2121510889","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1616456389,"share":"https://ttm.financial/m/news/2121510889?lang=en_US&edition=fundamental","pubTime":"2021-03-23 07:39","market":"us","language":"zh","title":"Tencent Music Q4 and Full-Year Financial Report Bright, After-Hours Stock Price Once Hit a New High","url":"https://stock-news.laohu8.com/highlight/detail?id=2121510889","media":"老虎资讯综合","summary":"盘前，市场对腾讯音乐娱乐集团即将发布的财报普遍感到乐观，助推了腾讯音乐股价的强劲表现，其盘中股价一度上冲至31.12美元，创下上市以来的新高，并报收于30.89美元。在腾讯音乐公布财报后，其盘后股价一度涨超2.14%，并创下31.55美元的历史新高。其中环比净增长为430万，付费率达9%，高于第三季度的8%和2019年同期的6.2%。","content":"<p>March 23rd, after the US stock market closed on March 22nd (Monday),<a href=\"https://laohu8.com/S/TME\">Tencent Music</a>(TME.US) reported its fourth quarter and full year 2020 earnings results.</p><p>After the announcement of the financial report, its after-hours share price once rose by more than 2.14% and hit an all-time high of $31.55.<img src=\"https://static.tigerbbs.com/205ce59be0c5db585c7e736c69dd28fb\" tg-width=\"615\" tg-height=\"510\" referrerpolicy=\"no-referrer\"></p><p>According to the financial report, the company's revenue in the fourth quarter was RMB 8.34 billion (USD 1.28 billion), a year-on-year increase of 14.3%. The market expected RMB 8.334 billion, compared with RMB 7.293 billion in the same period last year. Among them, revenue from online music services increased by 29.0% year-on-year, up from 25.9% in the third quarter of 2020. Revenue from music subscription services was RMB1.58 billion (US$242 million), representing a year-on-year increase of 41.9%. Advertising services recorded over 100% year-over-year growth in the fourth quarter of 2020.</p><p>Net profit attributable to the company's shareholders in the fourth quarter was RMB1.2 billion (US$183 million), with earnings per ADS of RMB0.71, compared with market expectations of RMB0.68 and RMB0.62 in the same period last year.</p><p>In the fourth quarter, online music paying users reached 56 million, up 40.4% year-on-year, with a net increase of 4.3 million quarter-on-quarter, and the payment rate historically broke 9%, up from 8% in the third quarter and 6.2% in the same period of 2019.</p><p>It is worth noting that in the fourth quarter of 2020, the number of long audio albums of the company increased by 370% year-on-year, greatly enriching the long audio content pool; The long audio MAU penetration rate increased to 14.8% from 5.5% in the same period last year, and the average daily usage time of long audio users continued to grow.</p><p>Revenue for the full year 2020 increased by 14.6% year-on-year to RMB29.15 billion (US$4.47 billion), and net profit attributable to the Company's shareholders for the full year 2020 increased by 4.3% year-on-year to RMB4.16 billion (US$637 million).</p><p>Mr. Peng Jiaxin, CEO of Tencent Music, said: \"By investing in multiple formats of music genres, we have further strengthened our content leadership and increased user engagement, which is reflected in the continuous growth of users' total usage time on our platform. Our initial investment in long audio began to pay off, with the penetration rate of long audio in our user base reaching 15% in the fourth quarter of 2020, up from 6% in the same period last year.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music Q4 and Full-Year Financial Report Bright, After-Hours Stock Price Once Hit a New High</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music Q4 and Full-Year Financial Report Bright, After-Hours Stock Price Once Hit a New High\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-23 07:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>March 23rd, after the US stock market closed on March 22nd (Monday),<a href=\"https://laohu8.com/S/TME\">Tencent Music</a>(TME.US) reported its fourth quarter and full year 2020 earnings results.</p><p>After the announcement of the financial report, its after-hours share price once rose by more than 2.14% and hit an all-time high of $31.55.<img src=\"https://static.tigerbbs.com/205ce59be0c5db585c7e736c69dd28fb\" tg-width=\"615\" tg-height=\"510\" referrerpolicy=\"no-referrer\"></p><p>According to the financial report, the company's revenue in the fourth quarter was RMB 8.34 billion (USD 1.28 billion), a year-on-year increase of 14.3%. The market expected RMB 8.334 billion, compared with RMB 7.293 billion in the same period last year. Among them, revenue from online music services increased by 29.0% year-on-year, up from 25.9% in the third quarter of 2020. Revenue from music subscription services was RMB1.58 billion (US$242 million), representing a year-on-year increase of 41.9%. Advertising services recorded over 100% year-over-year growth in the fourth quarter of 2020.</p><p>Net profit attributable to the company's shareholders in the fourth quarter was RMB1.2 billion (US$183 million), with earnings per ADS of RMB0.71, compared with market expectations of RMB0.68 and RMB0.62 in the same period last year.</p><p>In the fourth quarter, online music paying users reached 56 million, up 40.4% year-on-year, with a net increase of 4.3 million quarter-on-quarter, and the payment rate historically broke 9%, up from 8% in the third quarter and 6.2% in the same period of 2019.</p><p>It is worth noting that in the fourth quarter of 2020, the number of long audio albums of the company increased by 370% year-on-year, greatly enriching the long audio content pool; The long audio MAU penetration rate increased to 14.8% from 5.5% in the same period last year, and the average daily usage time of long audio users continued to grow.</p><p>Revenue for the full year 2020 increased by 14.6% year-on-year to RMB29.15 billion (US$4.47 billion), and net profit attributable to the Company's shareholders for the full year 2020 increased by 4.3% year-on-year to RMB4.16 billion (US$637 million).</p><p>Mr. Peng Jiaxin, CEO of Tencent Music, said: \"By investing in multiple formats of music genres, we have further strengthened our content leadership and increased user engagement, which is reflected in the continuous growth of users' total usage time on our platform. Our initial investment in long audio began to pay off, with the penetration rate of long audio in our user base reaching 15% in the fourth quarter of 2020, up from 6% in the same period last year.\"</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/06c120bbb961941a6910f63352c38f2b","relate_stocks":{"TME":"腾讯音乐"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121510889","content_text":"3月23日讯，3月22日(周一)美股收盘后，腾讯音乐(TME.US)公布了2020年四季度及全年财报。公布财报后，其盘后股价一度涨超2.14%，并创下31.55美元的历史新高。财报显示，公司四季度营收为人民币83.4亿元(12.8亿美元)，同比增长14.3%，市场预期83.34亿元，去年同期72.93亿元。其中，在线音乐服务收入同比增长29.0%，高于2020年第三季度的25.9%。音乐订阅服务收入为人民币15.8亿元(2.42亿美元)，同比增长41.9%。广告服务在2020年第四季度录得超过100%的同比增长。四季度归属于公司股东的净利润为人民币12亿元(1.83亿美元)，每ADS盈利0.71元，市场预期0.68元，去年同期0.62元。四季度在线音乐付费用户达到5600万，同比增长40.4%，环比净增长为430万，付费率历史性破9%，高于第三季度的8%和2019年同期的6.2%。值得注意的是，2020年第四季度，公司长音频专辑数量同比增长370%，极大丰富了长音频内容池；长音频MAU渗透率从去年同期的5.5%增长至14.8%，长音频用户日均使用时长持续增长。2020年全年收入同比增长14.6%至人民币291.5亿元(44.7亿美元)，2020年全年归属于公司股东的净利润同比增长4.3%至人民币41.6亿元(6.37亿美元)。腾讯音乐首席执行官彭迦信先生表示：“通过投资多种格式的音乐类型，我们进一步加强了内容的领先性，提高了用户的参与度，这体现在用户在我们平台上的总使用时间的连续增长。我们最初在长音频方面的投资开始得到回报，2020年第四季度长音频在我们用户群中的渗透率达到15%，高于去年同期的6%。”","news_type":1,"symbols_score_info":{"TME":0.9}},"isVote":1,"tweetType":1,"viewCount":2648,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325778581,"gmtCreate":1615940895043,"gmtModify":1704788660108,"author":{"id":"3572783242188448","authorId":"3572783242188448","name":"勇敢的謝爾頓","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572783242188448","idStr":"3572783242188448"},"themes":[],"htmlText":"WoW","listText":"WoW","text":"WoW","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325778581","repostId":"2119897930","repostType":4,"isVote":1,"tweetType":1,"viewCount":2972,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":358791815,"gmtCreate":1616727938337,"gmtModify":1704797968696,"author":{"id":"3572783242188448","authorId":"3572783242188448","name":"勇敢的謝爾頓","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572783242188448","authorIdStr":"3572783242188448"},"themes":[],"htmlText":"[666]&nbsp;","listText":"[666]&nbsp;","text":"[666]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/358791815","repostId":"2122440827","repostType":4,"repost":{"id":"2122440827","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1616712839,"share":"https://ttm.financial/m/news/2122440827?lang=en_US&edition=fundamental","pubTime":"2021-03-26 06:53","market":"hk","language":"zh","title":"Bilibili-SW won 10% of the first lot, and subscribed 25 lots to win the first lot","url":"https://stock-news.laohu8.com/highlight/detail?id=2122440827","media":"老虎资讯综合","summary":"香港公开发售项下初步可供认购香港发售股份获大幅超额认购。合共接获270,785份有效申请，认购合共1.306亿股香港发售股份，相当于香港公开发售项下初步可供认购香港发售股份总数约174.19倍。假设并无行使超额配股权，按发售价每股发售股份808.00港元计算，估计公司将收取全球发售所得款项净额约198.735亿港元。倘悉数行使超额配股权，公司将就行使超额配股权后将予发行的额外375万股发售股份获得额外募集资金净额约29.961亿港元。","content":"<p>March 26 news, this Friday<a href=\"https://laohu8.com/S/09626\">Bilibili-SW</a>The company issued 25 million shares at a price of HK$ 808 per share and 20 shares per lot, which is expected to be listed on March 29th.</p><p>According to the closing price of US stocks on Thursday of $96.65, the equivalent price of Hong Kong stocks is about HK$ 743, a discount of 8.05% from the pricing of Hong Kong stocks of HK$ 808.<img src=\"https://static.tigerbbs.com/600bb34eb6bcc8659f2d28eb2a9dd432\" tg-width=\"657\" tg-height=\"547\" referrerpolicy=\"no-referrer\">Bilibili was subscribed 174.19 times during the Public Offer Stage and the final number of Offer Shares allocated to the Public Offer was 3 million, representing approximately 12% of the total Offer Shares (before any Over-allotment Option is exercised). A total of 270,785 valid applications were received, with a successful rate of 10% and 25 successful lots subscribed.</p><p>In addition, the International Offering was significantly over-subscribed and the final number of Offer Shares was 22 million, representing approximately 88% of the total number of Offer Shares.</p><p><b>Subscription ladder:</b></p><p>The entrance fee per lot (20 shares) of Group A is approximately HK$19,959.12.</p><p>Group B has 300 lots (6,000 shares), with the funds required for the subscription of approximately HK$5,987,736.46, and 7 lots (140 shares) were allocated.<img src=\"https://static.tigerbbs.com/ff5c1f0b136a1ce8a37005b6bd8511d7\" tg-width=\"554\" tg-height=\"609\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/49851feed08019a4dd4d7771cf10179a\" tg-width=\"559\" tg-height=\"458\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b796e41bb1aa4dd1b64a8229db766dc3\" tg-width=\"560\" tg-height=\"489\" referrerpolicy=\"no-referrer\">The net proceeds of approximately HK$19,873 million will be used for the following purposes: approximately 50% for content to support healthy and high-quality user growth, the growing content ecosystem and the development of our community; Approximately 20% for research and development to improve user experience and enhance user-centric commercialization capabilities; Approximately 20% is used for sales and marketing, which aims to promote user growth and enhance brand awareness; and approximately 10% for general corporate purposes and working capital requirements.</p><p>It is reported that Bilibili originated from the ACG content community website founded in 2009. At present, it has developed into an iconic brand and a leading video community for China's younger generation, providing a large number of rich content to meet the diverse interests of young people. The platform centers on professional user-generated video (PUGV), supplemented by live broadcast, professional organization-generated video (OGV), etc. The content categories cover many fields such as life, games, entertainment, animation, technology and knowledge.</p><p>In March 2018, the company listed on NASDAQ in the United States under the symbol BILI. As of the closing of U.S. stocks on March 25, 2021,<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>The total market capitalization of nearly $33.7 billion.</p><p>It is worth noting that according to the prospectus, Chen Rui, chairman and CEO of the board of directors, holds 14.2% of the shares and is the largest shareholder of the company; Tencent Holdings holds 12.4% as its second largest shareholder; President Xu Yi holds 8% of the shares and is the third largest shareholder of the company; Alibaba Taobao China Holdings Co., Ltd. is the fourth largest shareholder, holding 6.7%.</p><p>Bilibili has a large and rapidly growing user base. In 20Q4, the monthly active users of the platform reached 202 million, a year-on-year increase of 55%. At the same time, Bilibili mobile monthly active users increased by 49% between 2019 and 2020, which was the highest growth rate of mobile monthly active users among the top ten video mobile applications in China in 2020, which was higher than the average growth rate of the other nine video mobile applications in the same period (11.9%).</p><p>In terms of financial data, revenue has grown rapidly in recent years. From 2018 to 2020, the net turnover of the Company was RMB4,129 million, RMB6,778 million and RMB11,999 million, respectively, with a CAGR of 70.5%. The gross profit margin for the same periods was 20.7%, 17.6% and 23.7%, respectively.</p><p>During the Track Record Period, Bilibili recorded a net loss primarily because the company has been in a high growth stage and strategically invested in user growth through investments in brands and quality content to prepare for long-term profitability.</p><p>In terms of revenue structure, the company has realized diversified monetization models, mainly generating revenue from mobile games, value-added services, advertising, e-commerce and other aspects.</p><p>In terms of industry, pan-video platforms in China are mainly commercialized through advertising, mobile games, live streaming, membership and paid content and other channels. Since 2016, various commercialization channels in the pan-video market in China have grown significantly and are expected to continue to expand at a relatively high rate in the future. Among them, Z + generation, as the driving force and trend leader of all kinds of online consumption in China, is regarded as the golden group in the pan-video market. Video content has become an important way for Gen Z + to communicate and interact. In 2020, Gen Z + reached 452 million people, of which 74.3% watched various forms of video content, and this penetration rate is expected to further increase to 99.1% by 2025.</p><p>Generation Z + has become the most important pillar of China's pan-video market, accounting for 64.8% of the market size of the pan-video market in 2019, and the per capita output value increased from RMB516 in 2016 to RMB1,280 in 2019, and then to RMB3,042 in 2025.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bilibili-SW won 10% of the first lot, and subscribed 25 lots to win the first lot</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBilibili-SW won 10% of the first lot, and subscribed 25 lots to win the first lot\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-26 06:53</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>March 26 news, this Friday<a href=\"https://laohu8.com/S/09626\">Bilibili-SW</a>The company issued 25 million shares at a price of HK$ 808 per share and 20 shares per lot, which is expected to be listed on March 29th.</p><p>According to the closing price of US stocks on Thursday of $96.65, the equivalent price of Hong Kong stocks is about HK$ 743, a discount of 8.05% from the pricing of Hong Kong stocks of HK$ 808.<img src=\"https://static.tigerbbs.com/600bb34eb6bcc8659f2d28eb2a9dd432\" tg-width=\"657\" tg-height=\"547\" referrerpolicy=\"no-referrer\">Bilibili was subscribed 174.19 times during the Public Offer Stage and the final number of Offer Shares allocated to the Public Offer was 3 million, representing approximately 12% of the total Offer Shares (before any Over-allotment Option is exercised). A total of 270,785 valid applications were received, with a successful rate of 10% and 25 successful lots subscribed.</p><p>In addition, the International Offering was significantly over-subscribed and the final number of Offer Shares was 22 million, representing approximately 88% of the total number of Offer Shares.</p><p><b>Subscription ladder:</b></p><p>The entrance fee per lot (20 shares) of Group A is approximately HK$19,959.12.</p><p>Group B has 300 lots (6,000 shares), with the funds required for the subscription of approximately HK$5,987,736.46, and 7 lots (140 shares) were allocated.<img src=\"https://static.tigerbbs.com/ff5c1f0b136a1ce8a37005b6bd8511d7\" tg-width=\"554\" tg-height=\"609\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/49851feed08019a4dd4d7771cf10179a\" tg-width=\"559\" tg-height=\"458\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b796e41bb1aa4dd1b64a8229db766dc3\" tg-width=\"560\" tg-height=\"489\" referrerpolicy=\"no-referrer\">The net proceeds of approximately HK$19,873 million will be used for the following purposes: approximately 50% for content to support healthy and high-quality user growth, the growing content ecosystem and the development of our community; Approximately 20% for research and development to improve user experience and enhance user-centric commercialization capabilities; Approximately 20% is used for sales and marketing, which aims to promote user growth and enhance brand awareness; and approximately 10% for general corporate purposes and working capital requirements.</p><p>It is reported that Bilibili originated from the ACG content community website founded in 2009. At present, it has developed into an iconic brand and a leading video community for China's younger generation, providing a large number of rich content to meet the diverse interests of young people. The platform centers on professional user-generated video (PUGV), supplemented by live broadcast, professional organization-generated video (OGV), etc. The content categories cover many fields such as life, games, entertainment, animation, technology and knowledge.</p><p>In March 2018, the company listed on NASDAQ in the United States under the symbol BILI. As of the closing of U.S. stocks on March 25, 2021,<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>The total market capitalization of nearly $33.7 billion.</p><p>It is worth noting that according to the prospectus, Chen Rui, chairman and CEO of the board of directors, holds 14.2% of the shares and is the largest shareholder of the company; Tencent Holdings holds 12.4% as its second largest shareholder; President Xu Yi holds 8% of the shares and is the third largest shareholder of the company; Alibaba Taobao China Holdings Co., Ltd. is the fourth largest shareholder, holding 6.7%.</p><p>Bilibili has a large and rapidly growing user base. In 20Q4, the monthly active users of the platform reached 202 million, a year-on-year increase of 55%. At the same time, Bilibili mobile monthly active users increased by 49% between 2019 and 2020, which was the highest growth rate of mobile monthly active users among the top ten video mobile applications in China in 2020, which was higher than the average growth rate of the other nine video mobile applications in the same period (11.9%).</p><p>In terms of financial data, revenue has grown rapidly in recent years. From 2018 to 2020, the net turnover of the Company was RMB4,129 million, RMB6,778 million and RMB11,999 million, respectively, with a CAGR of 70.5%. The gross profit margin for the same periods was 20.7%, 17.6% and 23.7%, respectively.</p><p>During the Track Record Period, Bilibili recorded a net loss primarily because the company has been in a high growth stage and strategically invested in user growth through investments in brands and quality content to prepare for long-term profitability.</p><p>In terms of revenue structure, the company has realized diversified monetization models, mainly generating revenue from mobile games, value-added services, advertising, e-commerce and other aspects.</p><p>In terms of industry, pan-video platforms in China are mainly commercialized through advertising, mobile games, live streaming, membership and paid content and other channels. Since 2016, various commercialization channels in the pan-video market in China have grown significantly and are expected to continue to expand at a relatively high rate in the future. Among them, Z + generation, as the driving force and trend leader of all kinds of online consumption in China, is regarded as the golden group in the pan-video market. Video content has become an important way for Gen Z + to communicate and interact. In 2020, Gen Z + reached 452 million people, of which 74.3% watched various forms of video content, and this penetration rate is expected to further increase to 99.1% by 2025.</p><p>Generation Z + has become the most important pillar of China's pan-video market, accounting for 64.8% of the market size of the pan-video market in 2019, and the per capita output value increased from RMB516 in 2016 to RMB1,280 in 2019, and then to RMB3,042 in 2025.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5864d278f2595d2e7918e2cb2d118419","relate_stocks":{"BILI":"哔哩哔哩","09626":"哔哩哔哩-W"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2122440827","content_text":"3月26日消息，本周五哔哩哔哩-SW发布公告，公司发行2500万股，每股定价808港元，每手20股，预期3月29日上市。按照周四美股的收盘价96.65美元计算，折合港股价格约为743港元，较港股808港元的定价折价8.05%。公开发售阶段哔哩哔哩获174.19倍认购，分配至公开发售的发售股份最终数目为300万股，占发售股份总数的约12%（任何超额配股权获行使前）。合共接获270785份有效申请，一手中签率10%，认购25手稳中一手。此外，国际发售获大幅超额认购，发售股份最终数目为2200万股，相当于发售股份总数的约88%。申购阶梯：甲组每手（20股）入场费约19959.12港元。乙组头为300手（6000股），申购所需资金约5,987,736.46港元，获配7手（140股）。所得款项净额约198.73亿港元将用作以下用途：约50%用于内容，以支持健康和高质量的用户增长，不断增长的内容生态和我们的社区发展；约20%用于研发以改善用户体验和加强以用户为中心的商业化能力；约20%用于销售及营销，旨在促进用户增长及提升品牌知名度；及约10%用于一般企业用途及运营资本需要。据悉，哔哩哔哩起源于2009年创立的ACG内容型社区网站，目前已发展成为中国年轻一代的标志性品牌及领先的视频社区，提供大量丰富的内容以满足年轻人多元的兴趣。平台以专业用户生成视频（PUGV）为中心，辅以直播、专业机构生成视频（OGV）等，内容品类覆盖生活、游戏、娱乐、动漫、科技和知识等众多领域。2018年3月，公司在美国纳斯达克上市，代码BILI。截至2021年3月25日美股收盘，哔哩哔哩的总市值接近337亿美元。值得关注的是，根据招股书显示，董事会主席兼CEO陈睿持股14.2%，为公司最大股东；腾讯控股持股12.4%为其第二大股东；总裁徐逸持股8%，为公司第三大股东；阿里巴巴淘宝中国控股有限公司为第四大股东，持股6.7%。哔哩哔哩拥有庞大且快速增长的用户基础。20Q4，平台月活用户达到2.02亿人，同比增长55%。同时，哔哩哔哩移动端月活用户于2019年至2020年间增长49%，为2020年中国前十大视频移动端应用中移动端月活用户增长幅度最高，高于其余九大视频移动端应用在同期的平均增长率(11.9%)。财务数据方面，近年来营收增长迅猛，2018年至2020年，公司净营业额分别为人民币41.29亿元、67.78亿元及119.99亿元，复合年增长率为70.5%；同期毛利率分别为20.7%、17.6%及23.7%。于业绩记录期，哔哩哔哩录得净亏损，主要是因为公司一直处于高增长阶段，并通过投资于品牌及优质内容，战略性投入用户增长，为长期盈利能力作准备。营收结构方面，公司实现了多元的变现模式，主要从移动游戏、增值服务、广告、电商及其他方面带来收入。行业方面，中国的泛视频平台主要通过广告、移动游戏、直播、会员和付费内容及其他渠道进行商业化。自2016年以来，中国泛视频市场的各种商业化渠道显著增长，预期未来将以相对较高的速度继续扩张。其中，Z+世代作为中国各类线上消费的驱动力和趋势引领者，被视为泛视频市场的黄金群体。视频内容已经成为Z+世代交流和互动的重要途径。2020年Z+世代达到4.52亿人，其中74.3%观看各种形式的视频内容，预期到2025年此渗透率将进一步提升到99.1%。Z+世代已成为中国泛视频市场最重要的支柱，2019年占泛视频市场市场规模的64.8%，人均产值从2016年的人民币516元增加至2019年的人民币1280元，再到2025年的人民币3042元。","news_type":1,"symbols_score_info":{"09626":0.9,"BILI":0.9}},"isVote":1,"tweetType":1,"viewCount":3524,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354359307,"gmtCreate":1617146591009,"gmtModify":1704696326733,"author":{"id":"3572783242188448","authorId":"3572783242188448","name":"勇敢的謝爾頓","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572783242188448","authorIdStr":"3572783242188448"},"themes":[],"htmlText":"[666]&nbsp;","listText":"[666]&nbsp;","text":"[666]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354359307","repostId":"2123217063","repostType":4,"isVote":1,"tweetType":1,"viewCount":2647,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352366174,"gmtCreate":1616895691298,"gmtModify":1704799774471,"author":{"id":"3572783242188448","authorId":"3572783242188448","name":"勇敢的謝爾頓","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572783242188448","authorIdStr":"3572783242188448"},"themes":[],"htmlText":"[666]&nbsp;","listText":"[666]&nbsp;","text":"[666]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/352366174","repostId":"1184604009","repostType":4,"isVote":1,"tweetType":1,"viewCount":2419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104901301,"gmtCreate":1620347957703,"gmtModify":1704342281742,"author":{"id":"3572783242188448","authorId":"3572783242188448","name":"勇敢的謝爾頓","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572783242188448","authorIdStr":"3572783242188448"},"themes":[],"htmlText":"[666]&nbsp;","listText":"[666]&nbsp;","text":"[666]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/104901301","repostId":"2133691576","repostType":4,"repost":{"id":"2133691576","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620333000,"share":"https://ttm.financial/m/news/2133691576?lang=en_US&edition=fundamental","pubTime":"2021-05-07 04:30","market":"us","language":"zh","title":"Dropbox Q1 revenue of $510 million, net income up 21% year over year","url":"https://stock-news.laohu8.com/highlight/detail?id=2133691576","media":"老虎资讯综合","summary":"5月7日，云存储服务提供商Dropbox美股盘后公布了该公司的2021财年第一季度财报。报告显示，Dropbox第一季度总营收为5.116亿美元，与上年同期的4.550亿美元相比增长12%，不计入汇率","content":"<p>May 7, Cloud Storage Service Providers<a href=\"https://laohu8.com/S/AMC\">Dropbox</a>U.S. stocks reported the company's first quarter fiscal 2021 earnings after the bell. According to the report, Dropbox's total revenue in the first quarter was US$511.6 million, an increase of 12% compared with US$455.0 million in the same period of last year. Excluding the impact of exchange rate changes, it was an increase of 11% year-on-year; Net income of $47.6 million, up 21% from net income of $39.3 million in the same period last year; Non-GAAP adjusted net income was $141.8 million, compared to $69.8 million a year earlier.</p><p>Dropbox's first-quarter revenue and adjusted earnings per share both beat Wall Street analysts' estimates, driving its shares up nearly 2% after hours.</p><p><img src=\"https://static.tigerbbs.com/7cdec3e6dcc56ee4828167017836a71e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><b>First quarter results summary:</b></p><p>Dropbox's total revenue in the first quarter was $511.6 million, an increase of 12% compared with $455.0 million in the same period last year. Excluding the impact of exchange rate changes, it was an increase of 11% year-on-year, which exceeded Wall Street analysts' expectations. According to<a href=\"https://laohu8.com/S/YHOO\">Yahoo</a>According to the data provided by the financial channel, nine analysts had expected Dropbox's total revenue in the first quarter to reach $505.18 million on average.</p><p>On a U.S. GAAP basis, Dropbox's first-quarter net income was $47.6 million, up 21% compared to a year-ago net income of $39.3 million. Excluding certain one-time items (not in accordance with U.S. GAAP), Dropbox reported adjusted net income of $141.8 million in the first quarter, compared to $69.8 million in the prior-year quarter.</p><p>On a U.S. GAAP basis, Dropbox's diluted earnings per share attributable to common shareholders were $0.12 in the first quarter, compared to $0.09 in the year-ago quarter. Excluding certain one-time items (not in accordance with U.S. GAAP), Dropbox's diluted earnings per share attributable to common shareholders were $0.35 in the first quarter, compared to $0.17 in the year-ago quarter, a performance that also beat Wall Street analysts' expectations. According to<a href=\"https://laohu8.com/S/YHOO\">Yahoo</a>According to data provided by the financial channel, the average of 10 analysts had expected Dropbox to report adjusted earnings of $0.3 per share in the first quarter.</p><p>Dropbox posted a gross profit of $402.3 million in the first quarter, compared to a gross profit of $351.9 million a year earlier. Dropbox earned $42.5 million from operations in the first quarter, compared to $26.8 million a year earlier.</p><p>Dropbox's total operating expenses were $359.8 million in the first quarter, compared to $325.1 million in the prior-year quarter. Among them, R&D expenditure was US$181.2 million, compared to US$181.8 million in the same period last year; Sales and marketing expenses were $102.7 million, compared to $104.3 million a year earlier; General and administrative expenses were $58.6 million, compared to $39 million in the prior year period; Impairment charges related to real assets were US$17.3 million, compared to no such charge in the same period last year.</p><p>Dropbox's total ARR (Accounting Yield Method, a measure of profitability) was $2.112 billion at the end of the first quarter, up 13% compared to the prior-year quarter. Excluding the impact of currency movements, Dropbox's total ARR at the end of the first quarter increased by $60.5 million compared to the previous quarter and 12% compared to the prior year quarter.</p><p>Dropbox had 15.83 million paid subscribers at the end of the first quarter, compared to 14.59 million at the end of the first quarter of fiscal 2020; The average revenue per paid user was $132.55, compared to $126.30 in the prior-year quarter.</p><p>On a U.S. GAAP basis, Dropbox had a gross margin of 78.6% in the first quarter, compared to 77.3% a year earlier. Excluding certain one-time items (not in accordance with U.S. GAAP), Dropbox's first-quarter gross margin was 80.2%, compared to 78.3% in the prior-year quarter.</p><p>On a U.S. GAAP basis, Dropbox's operating margin was 8.3% in the first quarter, compared to 5.9% a year earlier. Excluding certain one-time items (not in accordance with U.S. GAAP), Dropbox's operating margin was 29.1% in the first quarter, compared to 16.1% a year earlier.</p><p>Dropbox's net cash from business operating activities in the first quarter was $115.7 million, compared with $53.3 million in the same period last year. Dropbox's operating cash flow in the first quarter was $108.8 million, compared to $25.5 million in the prior-year quarter.</p><p>At the end of the first quarter, Dropbox held cash and cash equivalents and short-term investments totaling $1.916 billion.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dropbox Q1 revenue of $510 million, net income up 21% year over year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDropbox Q1 revenue of $510 million, net income up 21% year over year\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-07 04:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>May 7, Cloud Storage Service Providers<a href=\"https://laohu8.com/S/AMC\">Dropbox</a>U.S. stocks reported the company's first quarter fiscal 2021 earnings after the bell. According to the report, Dropbox's total revenue in the first quarter was US$511.6 million, an increase of 12% compared with US$455.0 million in the same period of last year. Excluding the impact of exchange rate changes, it was an increase of 11% year-on-year; Net income of $47.6 million, up 21% from net income of $39.3 million in the same period last year; Non-GAAP adjusted net income was $141.8 million, compared to $69.8 million a year earlier.</p><p>Dropbox's first-quarter revenue and adjusted earnings per share both beat Wall Street analysts' estimates, driving its shares up nearly 2% after hours.</p><p><img src=\"https://static.tigerbbs.com/7cdec3e6dcc56ee4828167017836a71e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><b>First quarter results summary:</b></p><p>Dropbox's total revenue in the first quarter was $511.6 million, an increase of 12% compared with $455.0 million in the same period last year. Excluding the impact of exchange rate changes, it was an increase of 11% year-on-year, which exceeded Wall Street analysts' expectations. According to<a href=\"https://laohu8.com/S/YHOO\">Yahoo</a>According to the data provided by the financial channel, nine analysts had expected Dropbox's total revenue in the first quarter to reach $505.18 million on average.</p><p>On a U.S. GAAP basis, Dropbox's first-quarter net income was $47.6 million, up 21% compared to a year-ago net income of $39.3 million. Excluding certain one-time items (not in accordance with U.S. GAAP), Dropbox reported adjusted net income of $141.8 million in the first quarter, compared to $69.8 million in the prior-year quarter.</p><p>On a U.S. GAAP basis, Dropbox's diluted earnings per share attributable to common shareholders were $0.12 in the first quarter, compared to $0.09 in the year-ago quarter. Excluding certain one-time items (not in accordance with U.S. GAAP), Dropbox's diluted earnings per share attributable to common shareholders were $0.35 in the first quarter, compared to $0.17 in the year-ago quarter, a performance that also beat Wall Street analysts' expectations. According to<a href=\"https://laohu8.com/S/YHOO\">Yahoo</a>According to data provided by the financial channel, the average of 10 analysts had expected Dropbox to report adjusted earnings of $0.3 per share in the first quarter.</p><p>Dropbox posted a gross profit of $402.3 million in the first quarter, compared to a gross profit of $351.9 million a year earlier. Dropbox earned $42.5 million from operations in the first quarter, compared to $26.8 million a year earlier.</p><p>Dropbox's total operating expenses were $359.8 million in the first quarter, compared to $325.1 million in the prior-year quarter. Among them, R&D expenditure was US$181.2 million, compared to US$181.8 million in the same period last year; Sales and marketing expenses were $102.7 million, compared to $104.3 million a year earlier; General and administrative expenses were $58.6 million, compared to $39 million in the prior year period; Impairment charges related to real assets were US$17.3 million, compared to no such charge in the same period last year.</p><p>Dropbox's total ARR (Accounting Yield Method, a measure of profitability) was $2.112 billion at the end of the first quarter, up 13% compared to the prior-year quarter. Excluding the impact of currency movements, Dropbox's total ARR at the end of the first quarter increased by $60.5 million compared to the previous quarter and 12% compared to the prior year quarter.</p><p>Dropbox had 15.83 million paid subscribers at the end of the first quarter, compared to 14.59 million at the end of the first quarter of fiscal 2020; The average revenue per paid user was $132.55, compared to $126.30 in the prior-year quarter.</p><p>On a U.S. GAAP basis, Dropbox had a gross margin of 78.6% in the first quarter, compared to 77.3% a year earlier. Excluding certain one-time items (not in accordance with U.S. GAAP), Dropbox's first-quarter gross margin was 80.2%, compared to 78.3% in the prior-year quarter.</p><p>On a U.S. GAAP basis, Dropbox's operating margin was 8.3% in the first quarter, compared to 5.9% a year earlier. Excluding certain one-time items (not in accordance with U.S. GAAP), Dropbox's operating margin was 29.1% in the first quarter, compared to 16.1% a year earlier.</p><p>Dropbox's net cash from business operating activities in the first quarter was $115.7 million, compared with $53.3 million in the same period last year. Dropbox's operating cash flow in the first quarter was $108.8 million, compared to $25.5 million in the prior-year quarter.</p><p>At the end of the first quarter, Dropbox held cash and cash equivalents and short-term investments totaling $1.916 billion.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3a51a02ea9a24f4d4f0b9e4e8e4c6bc7","relate_stocks":{"DBX":"Dropbox Inc."},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133691576","content_text":"5月7日，云存储服务提供商Dropbox美股盘后公布了该公司的2021财年第一季度财报。报告显示，Dropbox第一季度总营收为5.116亿美元，与上年同期的4.550亿美元相比增长12%，不计入汇率变动的影响为同比增长11%；净利润为4760万美元，与上年同期的净利润3930万美元相比增长21%；不按照美国通用会计准则的调整后净利润为1.418亿美元，相比之下上年同期为6980万美元。\nDropbox第一季度营收和调整后每股收益均超出华尔街分析师预期，从而推动其盘后股价上涨近2%。\n\n第一季度业绩概要：\nDropbox第一季度总营收为5.116亿美元，与上年同期的4.550亿美元相比增长12%，不计入汇率变动的影响为同比增长11%，这一业绩超出华尔街分析师预期。据雅虎财经频道提供的数据显示，9名分析师此前平均预期Dropbox第一季度总营收将达5.0518亿美元。\n按照美国通用会计准则，Dropbox第一季度净利润为4760万美元，与上年同期的净利润3930万美元相比增长21%。不计入某些一次性项目（不按照美国通用会计准则），Dropbox第一季度的调整后净利润为1.418亿美元，相比之下上年同期为6980万美元。\n按照美国通用会计准则，Dropbox第一季度归属于普通股股东的每股摊薄收益为0.12美元，相比之下去年同期为0.09美元。不计入某些一次性项目（不按照美国通用会计准则），Dropbox第一季度归属于普通股股东的每股摊薄收益为0.35美元，相比之下去年同期为0.17美元，这一业绩也超出华尔街分析师预期。据雅虎财经频道提供的数据显示，10名分析师此前平均预期Dropbox第一季度调整后每股收益将达0.3美元。\nDropbox第一季度毛利润为4.023亿美元，相比之下上年同期的毛利润为3.519亿美元。Dropbox第一季度运营利润为4250万美元，相比之下上年同期为2680万美元。\nDropbox第一季度总运营支出为3.598亿美元，相比之下上年同期为3.251亿美元。其中，研发支出为1.812亿美元，相比之下上年同期为1.818亿美元；销售和营销支出为1.027亿美元，相比之下上年同期为1.043亿美元；总务和行政支出为5860万美元，相比之下上年同期为3900万美元；与不动产资产相关的减值支出为1730万美元，而上年同期并无这项支出。\n截至第一季度末，Dropbox的总ARR（会计收益率法，一种衡量盈利性的方法）为21.12亿美元，与上年同期相比增长13%。不计入汇率变动影响，Dropbox截至第一季度末的总ARR与上一季度相比增长6050万美元，与上年同期相比增长12%。\n截至第一季度末，Dropbox的付费用户人数为1583万人，相比之下截至2020财年第一季度末为1459万人；平均每付费用户收入为132.55美元，相比之下上年同期为126.30美元。\n按照美国通用会计准则，Dropbox第一季度毛利率为78.6%，相比之下上年同期为77.3%。不计入某些一次性项目（不按照美国通用会计准则），Dropbox第一季度毛利率为80.2%，相比之下上年同期为78.3%。\n按照美国通用会计准则，Dropbox第一季度运营利润率为8.3%，相比之下上年同期为5.9%。不计入某些一次性项目（不按照美国通用会计准则），Dropbox第一季度运营利润率为29.1%，相比之下上年同期为16.1%。\nDropbox第一季度来自于业务运营活动的净现金为1.157亿美元，相比之下上年同期为5330万美元。Dropbox第一季度运营现金流为1.088亿美元，相比之下上年同期为2550万美元。\n截至第一季度末，Dropbox所持现金和现金等价物以及短期投资总额为19.16亿美元。","news_type":1,"symbols_score_info":{"DBX":0.9}},"isVote":1,"tweetType":1,"viewCount":3506,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105453549,"gmtCreate":1620320405681,"gmtModify":1704341977568,"author":{"id":"3572783242188448","authorId":"3572783242188448","name":"勇敢的謝爾頓","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572783242188448","authorIdStr":"3572783242188448"},"themes":[],"htmlText":"[666]&nbsp;","listText":"[666]&nbsp;","text":"[666]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105453549","repostId":"1158264878","repostType":4,"repost":{"id":"1158264878","kind":"news","pubTimestamp":1620312617,"share":"https://ttm.financial/m/news/1158264878?lang=en_US&edition=fundamental","pubTime":"2021-05-06 22:50","market":"us","language":"zh","title":"Those who flock to Shanghai for talent, hot money and new cars","url":"https://stock-news.laohu8.com/highlight/detail?id=1158264878","media":"未来汽车日报","summary":"提起上海这座城市，不同的人都会给出不一样的描述。摩登西化、精致小资，都是它的标签，却又不完全是它的样子。在不少汽车人眼里，上海，还是车轮上的上海。从第一辆合资轿车桑塔纳，到中国最早的专业国际车展，从坐","content":"<p>When it comes to the city of Shanghai, different people will give different descriptions. Modern Westernization and exquisite petty bourgeoisie are all its labels, but they are not exactly what it looks like. In the eyes of many car people, Shanghai is still Shanghai on wheels.</p><p>From Santana, the first joint venture sedan, to China's earliest professional international auto show, from sitting with China's largest automobile group in production and sales scale, to walking at the forefront of the new four modernization wave, Shanghai's development has been accompanied by the wheels rolling forward. Compared with Wuhan and Changchun, the development of Shanghai automobile industry is more like an evolutionary history of modern Chinese automobile industry.</p><p>Today, on 6,340 square kilometers of land in Shanghai, with<a href=\"https://laohu8.com/S/600637\">Oriental Pearl Tower</a>As the center, in the north, there are many OEMs and parts giants occupied Jiading Automobile City; South, there are<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>The upstart of Lingang brought up by himself; In the west, there are wealthy people<a href=\"https://laohu8.com/S/00708\">Evergrande Automobile</a>And<a href=\"https://laohu8.com/S/TSM\">TSMC</a>and other key suppliers; To the east, there is a mature industrial area centered on SAIC-GM, as well as semiconductor technology advantages.<a href=\"https://laohu8.com/S/600895\">Zhangjiang Hi-Tech</a>Technical Park.</p><p>These large and small car enterprises and parts enterprises promote the development of Shanghai and even the national automobile industry. With the development of the new four-modernization wave, betting on new energy has become another topic, so it can be seen that new cars and new cars are now rushing to Shanghai.</p><p>In the past few years, with the new car building movement in full swing, a battle for \"Detroit, China\" new energy vehicles has also started in many cities in China. From Beijing, Shanghai and Wuhan to Hefei and Chongqing, the dream of \"finding the next Tesla\" not only swept the whole venture capital circle, but even local governments turned into VCs aiming at new energy projects and were eager to pull the trigger.</p><p>Standing on the eve of the new energy wave, is Shanghai ready?</p><p><b>Go to Lingang to learn lessons</b></p><p>In March 2021, Lingang New Area welcomed a group of government officials and entrepreneurs who came to \"learn from experience\", and Wu Qibin, founder of New Energy Battery Cloud Platform, was also one of them. At the end of the visit, he posted a message in his circle of friends: Linjiang Linhai Shanghai, airport, seaport and free port.</p><p>Prior to this, Wu Qibin also registered a branch in Lingang, mainly engaged in the technology development and parts sales of new energy vehicles. In his view, the development prospect of Lingang is very good, and it is likely to be \"Pudong of the future\".</p><p>It is nearing dusk, and Lingang, which is located in the southeast corner of Shanghai and 75 kilometers from the city center, does not have the loneliness of suburbs. A year ago, when Tesla completed its \"settlement\" in Lingang in just more than 200 days, the former continuous rotation and high efficiency seemed to be infiltrated in this land together with the factory building rising from the ground.</p><p>As one of Tesla's two largest factories in the world, the Shanghai Gigafactory has extraordinary capacity and status. After introducing this top-tier in the new energy vehicle circle,<a href=\"https://laohu8.com/S/600848\">Shanghai Lingang</a>It has also become a benchmark for sniping new energy projects.</p><p>Even if you have seen large machinery such as tower cranes working here 24 hours a day, it will still be surprising how fast Lingang changes. On the way here, the driver pointed out casually: \"It turns out that two department stores have closed their doors after opening here, and the traffic is too small to make much money.\" In the eyes of locals, this place is remote, vast and sparsely populated, and used to be \"the poorest place in Shanghai\".</p><p>The turning point was the arrival of Tesla. Compared with six months ago, the wasteland on the west side of Tesla's factory has turned into a flat small \"dock\", with hundreds of containers neatly discharged and logistics trucks coming in and out densely. The doorman said that this is the stronghold of several logistics companies, and the container is the related parts of Tesla vehicles.</p><p><img src=\"https://static.tigerbbs.com/c1bebed5e74b5692c4c9673c092067a5\" tg-width=\"1080\" tg-height=\"622\" referrerpolicy=\"no-referrer\"></p><p>Source: Future Auto Daily</p><p>What had originally been a muddy desolate land now surrounded the factory, and it was gradually filled with fireworks. On both sides of the road opposite the west gate of the second phase of Tesla factory, it is red, and there are temporary restaurants with tents everywhere. From breakfast to lunch, there are all kinds of stir-fry dishes, and even small supermarkets, where the workers in charge of building Tesla factory all solve their three meals a day.</p><p>Not only that, but longer-term planning continues. Along Zhengjia Road, the west gate of Tesla Gigafactory, about two kilometers south, is a factory land with an area of 460,000 square meters reserved for Tesla in Lingang.</p><p>Even though official website of Shanghai land market shows that the land has been \"streamlined\". However, according to Zhao Zhendong, investment manager of the investment management department of Lingang Industrial Zone Economic Development Co., Ltd., although there is a \"flow bid\", land is a scarce resource, and \"Tesla team should not let go easily.\"</p><p>Looking around now, there is still a barren open grassland. The workers who laid river piles on the spot told Future Auto Daily that a factory will be built here in the future, but it is not clear which enterprise it is. \"Now the laying of river piles has just started, muck trucks and bulldozers have just started to work, and it will take eight or nine months before the factory starts.\"</p><p><img src=\"https://static.tigerbbs.com/abe3bcc07d6dd227b34d58a2e4cdbf2f\" tg-width=\"1080\" tg-height=\"622\" referrerpolicy=\"no-referrer\"></p><p>Lingang partial land planning map (partial) Source: Future Automobile Daily</p><p>However, as Tesla gradually becomes the largest factory in Lingang, its voice continues to increase, and suppliers who are in a strip of water with it choose to set up camp here. Late September last year, including<a href=\"https://laohu8.com/S/603179\">Xinquan Shares</a>Thirteen projects, including Jinyuansheng, Jinyuansheng, etc., officially landed in Lingang New Area, covering various supporting products such as body, chassis, sensors and electronic components.</p><p>According to the incomplete statistics of Future Auto Daily, more than 10 \"Tesla\" suppliers settled in Lingang New Area in 2020. This also means that within half an hour, Tesla can easily collect the required parts in Lingang New Area.</p><p>\"As long as the quality allows, Tesla's localization rate can continue to improve, which will also bring more innovation opportunities for domestic enterprises.\" In an interview with Future Auto Daily, the relevant person said so. According to the plan, Lingang's production capacity target for new energy vehicles is 1 million. In addition to Tesla factory, Zhiji automobile will also be produced in SAIC Passenger Car Lingang factory.</p><p>\"Lingang is like a blank sheet of paper. In the next five years, it needs to take the road of other auto cities for 10 years or even 20 years.\" The above-mentioned person said that in the face of the wave of new energy vehicles, Lingang chose to bet on electrification and<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>At present, it has attracted a number of technology companies such as Tucson Future and Horizon.</p><p><b>New forces rushed to Shanghai</b></p><p>At the end of 2014, the car-building project had not yet landed,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Qin Lihong, co-founder and president of Automobile, came to Shanghai and rented a temporary office in an office building near Anting subway station. It was not until October 2015 that Nio Automobile officially entered the office of Shanghai Automobile Innovation Port.</p><p>Afterwards, Li Bin recalled that before Nio was officially founded, he reached a consensus with Qin Lihong: it was more likely to build a high-end brand in Shanghai. Although in an interview with the media later, Li Bin said that he came to Jiading on his own initiative. \"Nio will not choose to settle here because of the favorable policies of a local government.\"</p><p>However, when there is a watershed in the capital market, the fate of new cars that urgently need long-term blood transfusion, including Nio, is closely related to whether they can get the support of local governments. The enthusiasm for investment in the market is no longer, and investment from the \"national team\" becomes the greatest hope. However, for Shanghai, even without special support policies, new car manufacturers have always yearned for it.</p><p>In March this year,<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Jidu Automobile, a joint venture company established with Geely, also chose to land in Shanghai. On April 19,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>CEO Li Xiang announced that Shanghai R&D headquarters will open its doors at the end of April, and the overall scale can accommodate 2,000 people. This is a rare large-scale expansion since the founding of Li Auto, and the building where Li Auto is located was originally one of the offices of SAIC Volkswagen.</p><p>It is no accident that new forces are rushing to Shanghai.</p><p>Compared with other cities, Shanghai's betting on new energy vehicles borders on paranoia. On February 25th, Shanghai issued the Implementation Plan for Accelerating the Development of New Energy Vehicle Industry in Shanghai (2021-2025). By 2025, the output value of new energy vehicles in Shanghai will exceed 350 billion yuan, accounting for more than 35% of the output value of the city's automobile manufacturing industry, of which the annual output of local new energy vehicles will exceed 1.2 million.</p><p><img src=\"https://static.tigerbbs.com/ba85e66649157b720c807d4c7075dc7f\" tg-width=\"1080\" tg-height=\"676\" referrerpolicy=\"no-referrer\"></p><p>Source: Pixabay</p><p>When backed by government policies, positive signals are also transmitted to the whole market.</p><p>An automobile industry headhunter working in Shanghai told Future Auto Daily that at present, new car manufacturers in Shanghai have started a war to grab people. \"Now it belongs to the seller's market for us, and some new energy vehicle companies throw over more than 20 Hire counts at every turn, chasing us to ask about the recruitment progress almost every day.\"</p><p>In the direction of recruitment, it is not difficult to smell the change of wind direction. The recruitment demand is the strongest, and it begins to concentrate on positions that favor Internet technology, such as intelligent network connection, autonomous driving and digital marketing, which also invisibly supports the future direction of car companies.</p><p>If Lingang is a rookie who has focused the industry's attention on Shanghai again, then Anting, 100 kilometers away, is the foundation of Shanghai's automobile industry. While Lingang is making rapid progress towards new energy, An Ting, an automobile veteran, also began to turn around.</p><p>Today's Anting not only gathers people including Nio,<a href=\"https://laohu8.com/S/600104\">SAIC Group</a>、<a href=\"https://laohu8.com/S/601633\">Great Wall Motors</a>There are many car companies, as well as a number of technology R&D companies such as intelligent network connection, chips and driverless driving. Some people even regard this as the Silicon Valley of China's automobile industry.</p><p><img src=\"https://static.tigerbbs.com/1adefca6eaa111814d102a77de4a6985\" tg-width=\"1080\" tg-height=\"622\" referrerpolicy=\"no-referrer\"></p><p>SAIC Volkswagen MEB factorySource: Future Auto Daily</p><p>\"Anting has the most complete supply chain resources and car company list in Shanghai at present, and can reach customers at any time.\" After resigning from SAIC, Li Wei chose to start a business in the field of intelligent cockpit, and finally set the company's address in Anting.<a href=\"https://laohu8.com/S/V03.SI\">Startups</a>The most needed convenience. \"</p><p>Walking down the streets of Anting, there is also no shortage of \"fresh\" elements such as self-driving cars. Didi launched Robotaxi (autonomous driving rental) in Anting. A safety driver told Future Auto Daily that if you want to experience driverless vehicles, you can make an appointment one day in advance. If the travel route is within the autonomous driving operation range, you can call the idle autonomous vehicle nearby.</p><p><b>A new generation of Autobots</b></p><p>As early<a href=\"https://laohu8.com/S/GM\">General Motors</a>Executives flew private jets from Detroit to Ohio factories to solve problems. When Shanghai plays a core role and stands at the top of the automobile industry chain, many car companies unanimously settle their R&D centers in Shanghai. Under the huge wings of the electrification wave, new choices and opportunities also fall on the shoulders of every car person.</p><p>Su Tong, who has worked in a traditional car company in Shanghai for nearly five years, agrees with this. Because of the intrusion of new forces, when he saw that his colleagues with almost the same work experience had changed jobs to new car companies, but their annual salary had doubled, he felt that his mentality had \"collapsed\".</p><p>In Su Tong's eyes, at the age of 35, he has to not only work with his head covered but also consider the prospect in the workplace. \"The internal transformation efficiency of traditional car companies is somewhat low, and the new forces are developing too fast. I am worried that if this continues, I will be eliminated and become unemployed middle-aged.\" Seeing the changes in the industry, he also had the idea of changing jobs. In his opinion, work like intelligent cockpits and autonomous driving represents the future.</p><p>Because of the lack of relevant work experience, all the resumes submitted were lost, but Su Tong never gave up. In order to facilitate finding a job, when he bought a house in 2020, he finally chose Anting after looking around. He decided to teach himself about autonomous driving or opt for an internal transfer. \"This process may be a little hard, but once you learn it, the future development will definitely be better than it is now.\"</p><p>In order to attract more talents in the new energy field, Shanghai is also constantly increasing its bargaining chips and competitiveness. In February this year, the Shanghai Municipal Government said that it could give direct settlement and talent rewards to qualified outstanding talents in the field of new energy vehicles. Su Tong also hopes that this way will truly settle Shanghai.</p><p>Jacky, who works in human resources, smelled the wind in the industry early. From auto parts companies to new power car companies, he is currently the human resources director of a hydrogen fuel cell company. He also sees the greater demand of the industry and is ready to set up a headhunting company. \"I am 45 years old this year, and I will not change jobs again. In his plan, I will continue to find my own value within the automotive system.\"</p><p>\"At present, Shanghai is the city with the most high-end automobile talents. Many foreign companies and suppliers are headquartered in Shanghai, and high-end talents are Shanghai's biggest advantage.\" Zhang Xiang, a member of the expert think tank of new energy and intelligent networked automobile industry, told Future Auto Daily.</p><p>In fact, although Shanghai is vigorously attracting the new energy automobile industry, its high environmental protection requirements, tax revenue per mu and labor cost have also invisibly shut out a considerable number of heavy-manufacturing and low-threshold enterprises. Setting up the R&D center in Shanghai can maximize the benefits.</p><p>\"This is the trend of industrial economic transformation. When the scale of a region reaches a certain level, it will be difficult to carry other resources.\" Xu Jian, chief ecological officer of Horizon, told Future Auto Daily that the scale of industrial economy is not large enough in one place. In the future, the manufacturing industry needs to be combined with the service industry and the information industry, so that the local scale is not its main competitive advantage.</p><p><img src=\"https://static.tigerbbs.com/b073d71d026e5c127a1843d1aa678f4b\" tg-width=\"1080\" tg-height=\"647\" referrerpolicy=\"no-referrer\"></p><p>A corner of Auto CitySource: Future Auto Daily</p><p>Before joining Horizon, Xu Jian served as the executive general manager of Shanghai Automobile City Development Co., Ltd. for many years. In his view, with the technological changes in artificial intelligence and transportation, people are more and more adapted to decentralized office, and for enterprises, they will also adopt a flexible way to manage it.</p><p><b>Can you break the \"ceiling\"?</b></p><p>Although he has a place in the auto industry and is constantly in custody<a href=\"https://laohu8.com/S/000690\">Baoxin Energy</a>But that doesn't mean Shanghai can sit back and relax.</p><p>In a sense, the automobile industry has become a pearl in Shanghai's industry, thanks to the basic parts system built by SAIC Volkswagen in the early days. With the first fully localized car production line after the reform and opening up, it has derived a large number of parts subsidiaries around Anting Factory as the center.</p><p>After that, SAIC Volkswagen's annual sales volume of one million vehicles has also made SAIC a well-deserved overlord, and has long occupied the position of the highest A-share car company. However, when the automobile industry is facing transformation, from the performance of SAIC, we can also see the challenges faced by Shanghai automobile industry on the road of transformation.</p><p>In 2020, SAIC's revenue and net profit suffered a double decline, with declines of 12% and 20.2% respectively, setting new lows in nearly five years. The double decline of enterprise revenue is reflected in the local decline in output value.</p><p>In 2020, the total industrial output value of Jiading's automobile industry decreased by 9.9% year-on-year to 367.61 billion yuan, which was 7.6 percentage points higher than that of the non-automobile industry. In the same period, the automobile parts industry also experienced a decrease of 2.5%. Among them, the total industrial output value of Anting Town fell by 1.8%, only completing 86.3% of the annual plan.</p><p>The decline was mainly due to the weak performance of joint ventures. In 2020, the net profit of SAIC Volkswagen decreased by 22.65% year-on-year to 15.489 billion yuan, and the net profit of SAIC-GM decreased by 62.56% year-on-year to 4.103 billion yuan. Based on this calculation, the net profit contributed by SAIC Volkswagen and SAIC-GM in 2020 decreased by more than 10 billion yuan compared with the same period.</p><p>\"Japanese has become the touchstone of the automobile market, and it has stronger resistance than German and American models.\" An independent brand executive sighed to Future Auto Daily. If you get from<a href=\"https://laohu8.com/S/601238\">GAC Group</a>In terms of revenue, in 2020, the revenue of GAC Toyota and GAC Honda joint venture car companies both increased by more than 10%. This directly drove Guangzhou's automobile production to 2,952,100 units in 2020, leading the production capacity of Shanghai (2,646,800 units) by more than 300,000 units in the same period.</p><p>Meanwhile, the Shenzhen-based<a href=\"https://laohu8.com/S/002594\">BYD</a>In July 2020, the market value surpassed SAIC. This means that from the perspective of the capital market, even if SAIC's production and sales scale, business level and profitability far exceed BYD's, BYD has more imagination under the trend of new energy reform. Today, BYD's market value has exceeded 430 billion yuan, nearly twice that of SAIC.</p><p>In the field of new energy, it is not too late for SAIC to start. As early as 2010, SAIC provided new energy vehicles for the Shanghai World Expo, and then Roewe brand also launched hybrid models and pure electric models. However, in the face of fierce competition in the field of new energy, this former automobile overlord failed to escape the fate of being overtaken.</p><p>The introduction of Tesla is undoubtedly Shanghai's biggest bet on the new energy industry in the past two years. Facts have proved that the Tesla effect has indeed detonated the whole new energy industry chain, providing a foundation for the development of new energy industry in Lingang. But another cruel reality is that most of these supporting providers are concentrated in low-threshold fields such as manufacturing, and some core \"three electricity\" technologies are still firmly held by Tesla.</p><p><img src=\"https://static.tigerbbs.com/2dd86ad6b3abc06ac8170231b74cfe9f\" tg-width=\"1080\" tg-height=\"608\" referrerpolicy=\"no-referrer\"></p><p>Source: Future Auto Daily</p><p>More importantly, when Tesla's aura is gone, how can Shanghai put together the missing puzzle of the new energy automobile industry?</p><p>\"In fact, for the current parts companies, the dividend window period of Tesla's circle of friends has passed.\" Zhao Zhendong said that after weighing the pros and cons, some Tesla suppliers believe that they can meet the demand through transportation or storage near the warehouse. At present, in Shanghai's new energy automobile industry chain, there is still a lack of battery, motor, electronic control and other related enterprises.</p><p>In fact, not only in Shanghai, but also nationwide, Chinese parts enterprises are still generally uncompetitive compared with some foreign parts giants. Take automotive chips as an example. According to the statistics of iHS, a research institute, the current global automotive semiconductor market is about 41 billion US dollars, with European, American and Japanese companies accounting for 37%, 30% and 25% of the market shares respectively, while Chinese companies are only 3%. According to the data of China Automotive Chip Industry Innovation Strategic Alliance, 90% of China's vehicle chips need to be imported.</p><p>\"The strength of domestic suppliers is far inferior to that of foreign countries.<a href=\"https://laohu8.com/S/600617\">Guoxin Energy</a>Industry, the key is to build your own system in core systems and algorithms. \" An automotive quality management system personnel told Future Auto Daily that this cannot rely solely on foreign suppliers, and requires more investment in basic research. \"If a strong alliance is achieved in China and incorporated into the overall national plan, it is promising to establish an advantage in Shanghai's conditions.\"</p><p>\"Just like Qian Xuesen returned to China to start a business decades ago, whether you are from the inland or overseas Chinese, as long as you want to start a business or chase your dream in the field of smart cars, heroes from all walks of life can come to Shanghai and come to Hong Kong.\" Relevant sources said that this is an open source city, and at the same time, they also hope to put the \"stuck neck\" technology here.</p><p>Nowadays, the voice of domestic substitution is getting more and more intense. Shanghai, a city with rivers and boats and cars, seems to have started the second venture of new energy vehicles. Can new hope be bred in this land full of innovation?</p>","source":"WLQC","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Those who flock to Shanghai for talent, hot money and new cars</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThose who flock to Shanghai for talent, hot money and new cars\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">未来汽车日报</strong><span class=\"h-time small\">2021-05-06 22:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p>When it comes to the city of Shanghai, different people will give different descriptions. Modern Westernization and exquisite petty bourgeoisie are all its labels, but they are not exactly what it looks like. In the eyes of many car people, Shanghai is still Shanghai on wheels.</p><p>From Santana, the first joint venture sedan, to China's earliest professional international auto show, from sitting with China's largest automobile group in production and sales scale, to walking at the forefront of the new four modernization wave, Shanghai's development has been accompanied by the wheels rolling forward. Compared with Wuhan and Changchun, the development of Shanghai automobile industry is more like an evolutionary history of modern Chinese automobile industry.</p><p>Today, on 6,340 square kilometers of land in Shanghai, with<a href=\"https://laohu8.com/S/600637\">Oriental Pearl Tower</a>As the center, in the north, there are many OEMs and parts giants occupied Jiading Automobile City; South, there are<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>The upstart of Lingang brought up by himself; In the west, there are wealthy people<a href=\"https://laohu8.com/S/00708\">Evergrande Automobile</a>And<a href=\"https://laohu8.com/S/TSM\">TSMC</a>and other key suppliers; To the east, there is a mature industrial area centered on SAIC-GM, as well as semiconductor technology advantages.<a href=\"https://laohu8.com/S/600895\">Zhangjiang Hi-Tech</a>Technical Park.</p><p>These large and small car enterprises and parts enterprises promote the development of Shanghai and even the national automobile industry. With the development of the new four-modernization wave, betting on new energy has become another topic, so it can be seen that new cars and new cars are now rushing to Shanghai.</p><p>In the past few years, with the new car building movement in full swing, a battle for \"Detroit, China\" new energy vehicles has also started in many cities in China. From Beijing, Shanghai and Wuhan to Hefei and Chongqing, the dream of \"finding the next Tesla\" not only swept the whole venture capital circle, but even local governments turned into VCs aiming at new energy projects and were eager to pull the trigger.</p><p>Standing on the eve of the new energy wave, is Shanghai ready?</p><p><b>Go to Lingang to learn lessons</b></p><p>In March 2021, Lingang New Area welcomed a group of government officials and entrepreneurs who came to \"learn from experience\", and Wu Qibin, founder of New Energy Battery Cloud Platform, was also one of them. At the end of the visit, he posted a message in his circle of friends: Linjiang Linhai Shanghai, airport, seaport and free port.</p><p>Prior to this, Wu Qibin also registered a branch in Lingang, mainly engaged in the technology development and parts sales of new energy vehicles. In his view, the development prospect of Lingang is very good, and it is likely to be \"Pudong of the future\".</p><p>It is nearing dusk, and Lingang, which is located in the southeast corner of Shanghai and 75 kilometers from the city center, does not have the loneliness of suburbs. A year ago, when Tesla completed its \"settlement\" in Lingang in just more than 200 days, the former continuous rotation and high efficiency seemed to be infiltrated in this land together with the factory building rising from the ground.</p><p>As one of Tesla's two largest factories in the world, the Shanghai Gigafactory has extraordinary capacity and status. After introducing this top-tier in the new energy vehicle circle,<a href=\"https://laohu8.com/S/600848\">Shanghai Lingang</a>It has also become a benchmark for sniping new energy projects.</p><p>Even if you have seen large machinery such as tower cranes working here 24 hours a day, it will still be surprising how fast Lingang changes. On the way here, the driver pointed out casually: \"It turns out that two department stores have closed their doors after opening here, and the traffic is too small to make much money.\" In the eyes of locals, this place is remote, vast and sparsely populated, and used to be \"the poorest place in Shanghai\".</p><p>The turning point was the arrival of Tesla. Compared with six months ago, the wasteland on the west side of Tesla's factory has turned into a flat small \"dock\", with hundreds of containers neatly discharged and logistics trucks coming in and out densely. The doorman said that this is the stronghold of several logistics companies, and the container is the related parts of Tesla vehicles.</p><p><img src=\"https://static.tigerbbs.com/c1bebed5e74b5692c4c9673c092067a5\" tg-width=\"1080\" tg-height=\"622\" referrerpolicy=\"no-referrer\"></p><p>Source: Future Auto Daily</p><p>What had originally been a muddy desolate land now surrounded the factory, and it was gradually filled with fireworks. On both sides of the road opposite the west gate of the second phase of Tesla factory, it is red, and there are temporary restaurants with tents everywhere. From breakfast to lunch, there are all kinds of stir-fry dishes, and even small supermarkets, where the workers in charge of building Tesla factory all solve their three meals a day.</p><p>Not only that, but longer-term planning continues. Along Zhengjia Road, the west gate of Tesla Gigafactory, about two kilometers south, is a factory land with an area of 460,000 square meters reserved for Tesla in Lingang.</p><p>Even though official website of Shanghai land market shows that the land has been \"streamlined\". However, according to Zhao Zhendong, investment manager of the investment management department of Lingang Industrial Zone Economic Development Co., Ltd., although there is a \"flow bid\", land is a scarce resource, and \"Tesla team should not let go easily.\"</p><p>Looking around now, there is still a barren open grassland. The workers who laid river piles on the spot told Future Auto Daily that a factory will be built here in the future, but it is not clear which enterprise it is. \"Now the laying of river piles has just started, muck trucks and bulldozers have just started to work, and it will take eight or nine months before the factory starts.\"</p><p><img src=\"https://static.tigerbbs.com/abe3bcc07d6dd227b34d58a2e4cdbf2f\" tg-width=\"1080\" tg-height=\"622\" referrerpolicy=\"no-referrer\"></p><p>Lingang partial land planning map (partial) Source: Future Automobile Daily</p><p>However, as Tesla gradually becomes the largest factory in Lingang, its voice continues to increase, and suppliers who are in a strip of water with it choose to set up camp here. Late September last year, including<a href=\"https://laohu8.com/S/603179\">Xinquan Shares</a>Thirteen projects, including Jinyuansheng, Jinyuansheng, etc., officially landed in Lingang New Area, covering various supporting products such as body, chassis, sensors and electronic components.</p><p>According to the incomplete statistics of Future Auto Daily, more than 10 \"Tesla\" suppliers settled in Lingang New Area in 2020. This also means that within half an hour, Tesla can easily collect the required parts in Lingang New Area.</p><p>\"As long as the quality allows, Tesla's localization rate can continue to improve, which will also bring more innovation opportunities for domestic enterprises.\" In an interview with Future Auto Daily, the relevant person said so. According to the plan, Lingang's production capacity target for new energy vehicles is 1 million. In addition to Tesla factory, Zhiji automobile will also be produced in SAIC Passenger Car Lingang factory.</p><p>\"Lingang is like a blank sheet of paper. In the next five years, it needs to take the road of other auto cities for 10 years or even 20 years.\" The above-mentioned person said that in the face of the wave of new energy vehicles, Lingang chose to bet on electrification and<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>At present, it has attracted a number of technology companies such as Tucson Future and Horizon.</p><p><b>New forces rushed to Shanghai</b></p><p>At the end of 2014, the car-building project had not yet landed,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Qin Lihong, co-founder and president of Automobile, came to Shanghai and rented a temporary office in an office building near Anting subway station. It was not until October 2015 that Nio Automobile officially entered the office of Shanghai Automobile Innovation Port.</p><p>Afterwards, Li Bin recalled that before Nio was officially founded, he reached a consensus with Qin Lihong: it was more likely to build a high-end brand in Shanghai. Although in an interview with the media later, Li Bin said that he came to Jiading on his own initiative. \"Nio will not choose to settle here because of the favorable policies of a local government.\"</p><p>However, when there is a watershed in the capital market, the fate of new cars that urgently need long-term blood transfusion, including Nio, is closely related to whether they can get the support of local governments. The enthusiasm for investment in the market is no longer, and investment from the \"national team\" becomes the greatest hope. However, for Shanghai, even without special support policies, new car manufacturers have always yearned for it.</p><p>In March this year,<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Jidu Automobile, a joint venture company established with Geely, also chose to land in Shanghai. On April 19,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>CEO Li Xiang announced that Shanghai R&D headquarters will open its doors at the end of April, and the overall scale can accommodate 2,000 people. This is a rare large-scale expansion since the founding of Li Auto, and the building where Li Auto is located was originally one of the offices of SAIC Volkswagen.</p><p>It is no accident that new forces are rushing to Shanghai.</p><p>Compared with other cities, Shanghai's betting on new energy vehicles borders on paranoia. On February 25th, Shanghai issued the Implementation Plan for Accelerating the Development of New Energy Vehicle Industry in Shanghai (2021-2025). By 2025, the output value of new energy vehicles in Shanghai will exceed 350 billion yuan, accounting for more than 35% of the output value of the city's automobile manufacturing industry, of which the annual output of local new energy vehicles will exceed 1.2 million.</p><p><img src=\"https://static.tigerbbs.com/ba85e66649157b720c807d4c7075dc7f\" tg-width=\"1080\" tg-height=\"676\" referrerpolicy=\"no-referrer\"></p><p>Source: Pixabay</p><p>When backed by government policies, positive signals are also transmitted to the whole market.</p><p>An automobile industry headhunter working in Shanghai told Future Auto Daily that at present, new car manufacturers in Shanghai have started a war to grab people. \"Now it belongs to the seller's market for us, and some new energy vehicle companies throw over more than 20 Hire counts at every turn, chasing us to ask about the recruitment progress almost every day.\"</p><p>In the direction of recruitment, it is not difficult to smell the change of wind direction. The recruitment demand is the strongest, and it begins to concentrate on positions that favor Internet technology, such as intelligent network connection, autonomous driving and digital marketing, which also invisibly supports the future direction of car companies.</p><p>If Lingang is a rookie who has focused the industry's attention on Shanghai again, then Anting, 100 kilometers away, is the foundation of Shanghai's automobile industry. While Lingang is making rapid progress towards new energy, An Ting, an automobile veteran, also began to turn around.</p><p>Today's Anting not only gathers people including Nio,<a href=\"https://laohu8.com/S/600104\">SAIC Group</a>、<a href=\"https://laohu8.com/S/601633\">Great Wall Motors</a>There are many car companies, as well as a number of technology R&D companies such as intelligent network connection, chips and driverless driving. Some people even regard this as the Silicon Valley of China's automobile industry.</p><p><img src=\"https://static.tigerbbs.com/1adefca6eaa111814d102a77de4a6985\" tg-width=\"1080\" tg-height=\"622\" referrerpolicy=\"no-referrer\"></p><p>SAIC Volkswagen MEB factorySource: Future Auto Daily</p><p>\"Anting has the most complete supply chain resources and car company list in Shanghai at present, and can reach customers at any time.\" After resigning from SAIC, Li Wei chose to start a business in the field of intelligent cockpit, and finally set the company's address in Anting.<a href=\"https://laohu8.com/S/V03.SI\">Startups</a>The most needed convenience. \"</p><p>Walking down the streets of Anting, there is also no shortage of \"fresh\" elements such as self-driving cars. Didi launched Robotaxi (autonomous driving rental) in Anting. A safety driver told Future Auto Daily that if you want to experience driverless vehicles, you can make an appointment one day in advance. If the travel route is within the autonomous driving operation range, you can call the idle autonomous vehicle nearby.</p><p><b>A new generation of Autobots</b></p><p>As early<a href=\"https://laohu8.com/S/GM\">General Motors</a>Executives flew private jets from Detroit to Ohio factories to solve problems. When Shanghai plays a core role and stands at the top of the automobile industry chain, many car companies unanimously settle their R&D centers in Shanghai. Under the huge wings of the electrification wave, new choices and opportunities also fall on the shoulders of every car person.</p><p>Su Tong, who has worked in a traditional car company in Shanghai for nearly five years, agrees with this. Because of the intrusion of new forces, when he saw that his colleagues with almost the same work experience had changed jobs to new car companies, but their annual salary had doubled, he felt that his mentality had \"collapsed\".</p><p>In Su Tong's eyes, at the age of 35, he has to not only work with his head covered but also consider the prospect in the workplace. \"The internal transformation efficiency of traditional car companies is somewhat low, and the new forces are developing too fast. I am worried that if this continues, I will be eliminated and become unemployed middle-aged.\" Seeing the changes in the industry, he also had the idea of changing jobs. In his opinion, work like intelligent cockpits and autonomous driving represents the future.</p><p>Because of the lack of relevant work experience, all the resumes submitted were lost, but Su Tong never gave up. In order to facilitate finding a job, when he bought a house in 2020, he finally chose Anting after looking around. He decided to teach himself about autonomous driving or opt for an internal transfer. \"This process may be a little hard, but once you learn it, the future development will definitely be better than it is now.\"</p><p>In order to attract more talents in the new energy field, Shanghai is also constantly increasing its bargaining chips and competitiveness. In February this year, the Shanghai Municipal Government said that it could give direct settlement and talent rewards to qualified outstanding talents in the field of new energy vehicles. Su Tong also hopes that this way will truly settle Shanghai.</p><p>Jacky, who works in human resources, smelled the wind in the industry early. From auto parts companies to new power car companies, he is currently the human resources director of a hydrogen fuel cell company. He also sees the greater demand of the industry and is ready to set up a headhunting company. \"I am 45 years old this year, and I will not change jobs again. In his plan, I will continue to find my own value within the automotive system.\"</p><p>\"At present, Shanghai is the city with the most high-end automobile talents. Many foreign companies and suppliers are headquartered in Shanghai, and high-end talents are Shanghai's biggest advantage.\" Zhang Xiang, a member of the expert think tank of new energy and intelligent networked automobile industry, told Future Auto Daily.</p><p>In fact, although Shanghai is vigorously attracting the new energy automobile industry, its high environmental protection requirements, tax revenue per mu and labor cost have also invisibly shut out a considerable number of heavy-manufacturing and low-threshold enterprises. Setting up the R&D center in Shanghai can maximize the benefits.</p><p>\"This is the trend of industrial economic transformation. When the scale of a region reaches a certain level, it will be difficult to carry other resources.\" Xu Jian, chief ecological officer of Horizon, told Future Auto Daily that the scale of industrial economy is not large enough in one place. In the future, the manufacturing industry needs to be combined with the service industry and the information industry, so that the local scale is not its main competitive advantage.</p><p><img src=\"https://static.tigerbbs.com/b073d71d026e5c127a1843d1aa678f4b\" tg-width=\"1080\" tg-height=\"647\" referrerpolicy=\"no-referrer\"></p><p>A corner of Auto CitySource: Future Auto Daily</p><p>Before joining Horizon, Xu Jian served as the executive general manager of Shanghai Automobile City Development Co., Ltd. for many years. In his view, with the technological changes in artificial intelligence and transportation, people are more and more adapted to decentralized office, and for enterprises, they will also adopt a flexible way to manage it.</p><p><b>Can you break the \"ceiling\"?</b></p><p>Although he has a place in the auto industry and is constantly in custody<a href=\"https://laohu8.com/S/000690\">Baoxin Energy</a>But that doesn't mean Shanghai can sit back and relax.</p><p>In a sense, the automobile industry has become a pearl in Shanghai's industry, thanks to the basic parts system built by SAIC Volkswagen in the early days. With the first fully localized car production line after the reform and opening up, it has derived a large number of parts subsidiaries around Anting Factory as the center.</p><p>After that, SAIC Volkswagen's annual sales volume of one million vehicles has also made SAIC a well-deserved overlord, and has long occupied the position of the highest A-share car company. However, when the automobile industry is facing transformation, from the performance of SAIC, we can also see the challenges faced by Shanghai automobile industry on the road of transformation.</p><p>In 2020, SAIC's revenue and net profit suffered a double decline, with declines of 12% and 20.2% respectively, setting new lows in nearly five years. The double decline of enterprise revenue is reflected in the local decline in output value.</p><p>In 2020, the total industrial output value of Jiading's automobile industry decreased by 9.9% year-on-year to 367.61 billion yuan, which was 7.6 percentage points higher than that of the non-automobile industry. In the same period, the automobile parts industry also experienced a decrease of 2.5%. Among them, the total industrial output value of Anting Town fell by 1.8%, only completing 86.3% of the annual plan.</p><p>The decline was mainly due to the weak performance of joint ventures. In 2020, the net profit of SAIC Volkswagen decreased by 22.65% year-on-year to 15.489 billion yuan, and the net profit of SAIC-GM decreased by 62.56% year-on-year to 4.103 billion yuan. Based on this calculation, the net profit contributed by SAIC Volkswagen and SAIC-GM in 2020 decreased by more than 10 billion yuan compared with the same period.</p><p>\"Japanese has become the touchstone of the automobile market, and it has stronger resistance than German and American models.\" An independent brand executive sighed to Future Auto Daily. If you get from<a href=\"https://laohu8.com/S/601238\">GAC Group</a>In terms of revenue, in 2020, the revenue of GAC Toyota and GAC Honda joint venture car companies both increased by more than 10%. This directly drove Guangzhou's automobile production to 2,952,100 units in 2020, leading the production capacity of Shanghai (2,646,800 units) by more than 300,000 units in the same period.</p><p>Meanwhile, the Shenzhen-based<a href=\"https://laohu8.com/S/002594\">BYD</a>In July 2020, the market value surpassed SAIC. This means that from the perspective of the capital market, even if SAIC's production and sales scale, business level and profitability far exceed BYD's, BYD has more imagination under the trend of new energy reform. Today, BYD's market value has exceeded 430 billion yuan, nearly twice that of SAIC.</p><p>In the field of new energy, it is not too late for SAIC to start. As early as 2010, SAIC provided new energy vehicles for the Shanghai World Expo, and then Roewe brand also launched hybrid models and pure electric models. However, in the face of fierce competition in the field of new energy, this former automobile overlord failed to escape the fate of being overtaken.</p><p>The introduction of Tesla is undoubtedly Shanghai's biggest bet on the new energy industry in the past two years. Facts have proved that the Tesla effect has indeed detonated the whole new energy industry chain, providing a foundation for the development of new energy industry in Lingang. But another cruel reality is that most of these supporting providers are concentrated in low-threshold fields such as manufacturing, and some core \"three electricity\" technologies are still firmly held by Tesla.</p><p><img src=\"https://static.tigerbbs.com/2dd86ad6b3abc06ac8170231b74cfe9f\" tg-width=\"1080\" tg-height=\"608\" referrerpolicy=\"no-referrer\"></p><p>Source: Future Auto Daily</p><p>More importantly, when Tesla's aura is gone, how can Shanghai put together the missing puzzle of the new energy automobile industry?</p><p>\"In fact, for the current parts companies, the dividend window period of Tesla's circle of friends has passed.\" Zhao Zhendong said that after weighing the pros and cons, some Tesla suppliers believe that they can meet the demand through transportation or storage near the warehouse. At present, in Shanghai's new energy automobile industry chain, there is still a lack of battery, motor, electronic control and other related enterprises.</p><p>In fact, not only in Shanghai, but also nationwide, Chinese parts enterprises are still generally uncompetitive compared with some foreign parts giants. Take automotive chips as an example. According to the statistics of iHS, a research institute, the current global automotive semiconductor market is about 41 billion US dollars, with European, American and Japanese companies accounting for 37%, 30% and 25% of the market shares respectively, while Chinese companies are only 3%. According to the data of China Automotive Chip Industry Innovation Strategic Alliance, 90% of China's vehicle chips need to be imported.</p><p>\"The strength of domestic suppliers is far inferior to that of foreign countries.<a href=\"https://laohu8.com/S/600617\">Guoxin Energy</a>Industry, the key is to build your own system in core systems and algorithms. \" An automotive quality management system personnel told Future Auto Daily that this cannot rely solely on foreign suppliers, and requires more investment in basic research. \"If a strong alliance is achieved in China and incorporated into the overall national plan, it is promising to establish an advantage in Shanghai's conditions.\"</p><p>\"Just like Qian Xuesen returned to China to start a business decades ago, whether you are from the inland or overseas Chinese, as long as you want to start a business or chase your dream in the field of smart cars, heroes from all walks of life can come to Shanghai and come to Hong Kong.\" Relevant sources said that this is an open source city, and at the same time, they also hope to put the \"stuck neck\" technology here.</p><p>Nowadays, the voice of domestic substitution is getting more and more intense. Shanghai, a city with rivers and boats and cars, seems to have started the second venture of new energy vehicles. Can new hope be bred in this land full of innovation?</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://auto-time.36kr.com/p/1212796999585922\">未来汽车日报</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2dd86ad6b3abc06ac8170231b74cfe9f","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://auto-time.36kr.com/p/1212796999585922","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158264878","content_text":"提起上海这座城市，不同的人都会给出不一样的描述。摩登西化、精致小资，都是它的标签，却又不完全是它的样子。在不少汽车人眼里，上海，还是车轮上的上海。从第一辆合资轿车桑塔纳，到中国最早的专业国际车展，从坐拥中国产销规模最大的汽车集团，到走在新四化浪潮前列，上海的发展一直都伴随着车轮滚滚向前。和武汉、长春相比，上海汽车行业的发展，更像一部近代中国汽车工业的进化历史。如今在上海6340平方公里的土地上，以东方明珠为中心，北面，有众多主机厂和零部件巨头盘踞的嘉定汽车城；南面，有特斯拉凭一己之力带起的临港新贵；西面，有财大气粗的恒大汽车和台积电等关键供应商；东面，则是以上汽通用为中心成熟的产业片区，以及具有半导体技术优势的张江高科技园区。这些大大小小的车企和零部件企业，推动着上海乃至全国汽车产业的发展。随着新四化浪潮的发展，押注发力新能源成为又一课题，于是又可以看到，新造车以及新新造车们如今齐齐奔向上海滩。过去几年，随着新造车运动的如火如荼，一场“中国底特律”新能源汽车争夺战，也在国内诸多城市间开始打响。从北京、上海、武汉到合肥、重庆，“寻找下一个特斯拉”的梦想，不仅席卷了整个创投圈，连地方政府也化身VC瞄准新能源项目跃跃欲试扣动扳机。站在新能源浪潮变革前夜，上海准备好了吗？去临港取经2021年3月，临港新片区又迎来一批前来“取经”的政府官员和企业家，新能源电池云平台创始人吴奇斌也是其中一员。参观即将结束时，他在朋友圈发文感慨：临江临海大上海，空港海港自由港。在此之前，吴奇斌在临港也注册了分公司，主要做新能源汽车的技术开发和零部件销售。在他看来，临港的发展前景很好，很可能是“未来的浦东”。天色已经接近黄昏，地处上海东南角、距离市中心75公里的临港却没有郊区常有的落寞。一年前，当特斯拉仅用200余天的时间，就完成了在临港的“落户”，曾经的连轴转、高效率似乎和拔地而起的厂房一起都浸润在这片土地里。作为特斯拉全球最大的两个工厂之一，上海超级工厂的产能和地位都非同小可。在引入这位新能源汽车圈顶流后，上海临港也成为狙击新能源项目的标杆。即便看过塔吊等大型机械24小时不间断在这里施工，但临港变化之快仍会令人感到惊讶。来到这里的途中，司机随手向外一指：“原来有两家百货公司在这里开店后都关门了，人流量太少，挣不到什么钱。”在当地人眼中，这里位置偏僻，地广人稀，曾经是“上海最穷的地方”。转折点是特斯拉的到来。和半年前相比，特斯拉工厂西侧的荒地已化身平整的小型“码头”，数百个集装箱整齐排放，物流卡车密集地出入。门卫表示，这里是多家物流公司的据点，集装箱内正是特斯拉汽车的相关零部件。来源：未来汽车日报原本一片泥泞的荒凉地，如今围绕着工厂，也渐渐充满了烟火气。特斯拉工厂二期西门对面的马路两侧，放眼望去红彤彤一片，到处都是帐篷搭起的临时餐馆，从早餐到午饭炒菜一应俱全，甚至还有小型超市，负责建造特斯拉工厂的工人都在这里解决自己的一日三餐。不仅如此，更长远的规划还在继续。沿着特斯拉超级工厂西门的正嘉路，一直向南约两公里，就是临港为特斯拉预留的一块面积达46万平方米的工厂用地。即便上海土地市场官网显示，该地已经“流标”。但在临港产业区经济发展有限公司招商管理部招商经理赵振东看来，虽然出现了“流标”，但土地作为稀缺资源，“特斯拉团队应该不会轻易放手。”现在放眼望去，那里仍是一片荒芜的空旷草地，现场铺设河道桩的工人告诉未来汽车日报，未来这里会建设厂房，但并不清楚是哪家企业。“现在河道桩铺设刚刚开始，渣土车和推土机刚开始作业，距离工厂动工还需要八九个月。”临港局部土地规划图（局部） 来源：未来汽车日报不过随着特斯拉逐渐成为临港最大的工厂，话语权不断加大，也让和它一衣带水的供应商纷纷选择在此安营扎寨。去年9月底，包括新泉股份、锦源晟等在内的13个项目正式落地临港新片区，涵盖车身、底盘以及传感器和电子元器件等各类配套产品。据未来汽车日报不完全统计，2020年有超过10家“特斯拉系”供应商入驻临港新片区。这也意味着，在半小时之内，特斯拉就能轻松在临港新片区集齐所需零部件。“只要质量允许，特斯拉的本地化率还可以继续提高，这也会给国内企业带来更多的创新机会。”在接受未来汽车日报采访时，相关人士如此表示。按照规划，临港对于新能源汽车产能目标是100万辆，除了特斯拉工厂，智己汽车也将会在上汽乘用车临港工厂生产。“临港就像一张白纸，在接下来的5年，需要走其他汽车城10年甚至20年的路。”上述人士表示，面对新能源汽车浪潮，临港选择押注电动化和智能化，目前已经吸引图森未来、地平线等一批科技企业。新势力奔赴上海滩2014年底，造车项目还没有落地，蔚来汽车联合创始人、总裁秦力洪就来到上海，在安亭地铁站附近的写字楼里租下一间作为临时办公室。直到2015年10月，蔚来汽车才正式进入上海汽车创新港办公。事后李斌回忆，蔚来还未正式创立时，他就和秦力洪达成共识：在上海打造一个高端品牌的可能性更大。虽然之后在接受媒体采访时，李斌表示来嘉定是自己主动为之，“蔚来并不会因为某个地方政府的利好政策就选择落户在此。”但当资本市场出现分水岭，包括蔚来在内，急需长期输血的新造车，各自命运的走向则和能否获得地方政府的支持紧密相关。市场的投资热情不再，来自“国家队”的投资成为最大的希望。然而对于上海来说，即便没有特殊的扶持政策，新造车们也一直都是心向往之。今年3月，百度与吉利合资组建的合资公司集度汽车也选择落地上海。4月19日，理想汽车CEO李想宣布上海研发总部在4月底即会开门入驻，整体规模可容纳2000人。这是理想汽车成立以来，少有的大规模扩张，而理想汽车所在的大厦也原本是上汽大众的办公地点之一。新势力齐齐奔向上海滩并非偶然。和其它城市相比，上海押注新能源汽车的态度近乎偏执。2月25日，上海市出台《上海市加快新能源汽车产业发展实施计划(2021—2025年)》，到2025年，上海新能源汽车产值突破3500亿元，占全市汽车制造业产业产值35%以上，其中本地新能源汽车年产量超过120万辆。来源：Pixabay当有政府政策作为后盾，积极的信号也传导给整个市场。一位在上海工作的汽车行业猎头告诉未来汽车日报，目前上海的新造车企业已经开启抢人大战，“现在对我们来说属于卖方市场，一些新能源汽车企业动辄就是二十多个Hire Count（招聘人数）丢过来，几乎每天都追着我们询问招聘进度。”在招聘的方向里，也不难嗅出风向的变化。招聘需求最为旺盛的，开始集中在智能网联、自动驾驶以及数字化营销等偏向互联网技术的岗位，这也在无形中佐证了车企未来的发力方向。如果临港是把行业目光再度聚焦在上海的新秀，那100公里外的安亭则是上海汽车产业安身的根本。在临港向着新能源狂飙猛进的同时，汽车老兵安亭也开始大象转身。如今的安亭，不仅云集了包括蔚来、上汽集团、长城汽车等众多车企，还有智能网联、芯片以及无人驾驶等一批科技研发公司，有人甚至将这里看作是中国汽车业的硅谷。上汽大众MEB工厂 来源：未来汽车日报“安亭拥有目前上海最完备的供应链资源和车企名单，可以随时接触到客户。”从上汽集团辞职后，李维选择在智能座舱领域创业，最终把公司地址定在安亭，“这是有我们这种创业公司最需要的便利。”走在安亭的街上，也不乏自动驾驶汽车这样的“新鲜”元素。滴滴在安亭投放了Robotaxi（自动驾驶出租），一位安全驾驶员告诉未来汽车日报，想要体验无人驾驶车辆，可以提前一天预约，如果出行路线在自动驾驶运行范围内，就可以呼叫附近空闲的自动驾驶车。新一代汽车人正如早期通用汽车高管从底特律乘坐私人飞机，到俄亥俄州工厂解决问题一般。当上海扮演着核心角色，站在汽车产业链顶端，不少车企不约而同地将研发中心落户上海，电气化浪潮的巨大翅膀扇动下，新的选择和际遇也落在了每一位汽车人的肩上。在上海一家传统车企工作近5年的苏童对此深以为然。因为新势力的闯入，当他看到与自己工作经验几乎一样的同事跳槽到新造车公司，年薪却翻了一倍，他觉得自己的心态“崩了”。在苏童眼中，35岁的自己在职场里不仅要蒙头干活还要考虑前景问题。“传统车企内部转型效率有些低，新势力发展得太快了，我担心再这样下去会被淘汰变成待业中年。”看到行业的变化，他也有了跳槽的想法，在他看来，像是智能座舱和自动驾驶方面的工作，才代表着未来。因为缺少相关的工作经验，投出的简历也全都石沉大海，不过苏童始终没有放弃。为了方便找工作，2020年买房时，看了一圈，他最终还是选择了安亭。他决定自学自动驾驶方面的知识，或者选择内部转岗。“这个过程可能会有点辛苦，不过一旦学成，未来发展肯定会比现在要好。”为了吸引更多的新能源领域的人才，上海也在不断加大筹码和竞争力。今年2月，上海市政府表示，针对符合条件的新能源汽车领域优秀人才，可以给予直接落户、人才奖励等支持。苏童也寄希望于这个方式真正落定上海。从事人力资源工作的Jacky则早早嗅到了行业的风向。从汽车配件公司到新势力车企，目前在一家氢燃料电池公司担任人力资源总监的他，也看到了行业更大的需求，准备成立一家猎头公司。“我今年已经45岁了，接下来不会再跳槽了”，在他的计划里，将继续在汽车体系内寻找自己的价值。”“目前上海是汽车高端人才最多的城市，很多外企和供应商总部在上海，高端人才是上海最大的优势。”新能源与智能网联汽车产业专家智库成员张翔告诉未来汽车日报。事实上，上海虽然在大力吸引新能源汽车产业，但其较高的环保要求、亩均税收以及人工成本，也在无形中将相当一部分重制造、低门槛的企业拒之门外。将研发中心设在上海，反而可以将利益最大化。“这是产业经济变革的趋势，当一个地区的规模达到一定程度，就很难再去承载其它资源。”地平线首席生态官徐建告诉未来汽车日报，产业经济并不是在一个地方的规模足够大就可以，未来制造业需要和服务业以及信息业等相结合，使得不以当地的规模作为它最主要的竞争优势。汽车城一角 来源：未来汽车日报加入地平线前，徐建曾担任上海汽车城发展有限公司执行总经理多年，在他看来，随着人工智能以及交通等方面的技术变革，人们越来越适应分散式办公，对于企业来说，同样会采用灵活的方式去管理。能否打破“天花板”？虽然在汽车业占有一席之地，并不断在押宝新能源的道路上狂飙突进，但这并不意味着上海能够高枕无忧。某种意义上，汽车业成为上海产业里的一颗明珠，得益于早期以上汽大众为主力搭建起的基础零部件体系，其凭借改革开放以后的第一条完全国产化的轿车产线，以安亭工厂为中心，在其周边衍生出大量的零部件子公司。之后上汽大众动辄百万辆的年销量，也让上汽集团成为当之无愧的霸主，并长期占据着A股市值最高车企的地位。然而当汽车产业面临转型，从上汽的表现中，也能窥见上海汽车产业在转型路上面临的挑战。2020年，上汽集团的营收和净利润出现了双下滑，跌幅分别达到12%和20.2%，创下近五年新低。企业营收双降，反应在地方上则是产值下跌。2020年，嘉定汽车产业的工业总产值同比下降9.9%至3676.1亿元，降幅高出非汽车产业7.6个百分点，同期汽车零部件的产业也出现了2.5%的跌幅。其中安亭镇的工业总产值下跌了1.8%，仅完成全年计划的86.3%。下滑主要是合资公司表现疲软。2020年，上汽大众净利润同比下滑22.65%至154.89亿元，上汽通用净利润同比下滑62.56%至41.03亿元。以此计算，上汽大众和上汽通用在2020年贡献的净利润，较同期减少超过100亿元。“日系已经成为汽车市场的试金石，比德系和美系拥有更强的抗跌能力。”一位自主品牌高管向未来汽车日报感慨。如果从广汽集团的营收来看，2020年，广汽丰田和广汽本田两家合资车企营收涨幅均超过10%。这直接带动2020年广州汽车产量达到295.21万辆，领先同期上海地区产能（264.68万辆）超30万辆。与此同时，总部位于深圳的比亚迪，在2020年7月，市值就超越了上汽。这意味着站在资本市场的角度，即便上汽集团的产销规模、营业水平、盈利水平都远超比亚迪，但在新能源变革的趋势下，比亚迪却拥有更大的想象空间。时至今日，比亚迪的市值已经超过4300亿元，是上汽集团的近2倍。在新能源领域，上汽集团的起步并不算晚。早在2010年，上汽集团就为上海世博会提供新能源汽车，随后荣威品牌也相继推出混合动力车型和纯电动车型。不过面对新能源领域的激烈竞争，这位昔日的汽车霸主，也未能逃过被赶超的命运。引入特斯拉无疑是上海近两年对新能源产业最大的押注，事实证明，特斯拉效应也的确引爆了整个新能源产业链，为临港发展新能源产业提供了基础。但另一个残酷现实在于，这些配套商大多集中在生产制造等低门槛领域，一些核心“三电”技术，仍被特斯拉牢牢掌握在自己手中。来源：未来汽车日报更关键的是，当特斯拉的光环不再，上海该如何拼齐新能源汽车产业缺失的拼图？“其实对于目前的零部件企业来说，特斯拉朋友圈的红利窗口期已经过了。”赵振东表示，一些特斯拉供应商在权衡利弊后，认为通过运输或者临近储存在仓库就可以满足需求。目前在上海新能源汽车产业链条中，仍然缺少电池、电机以及电控等相关企业。事实上，不只是上海，在全国范围内，中国零部件企业和一些国外零部件巨头相比仍普遍缺乏竞争力。以汽车芯片为例，研究机构iHS统计数据显示，目前全球汽车半导体市场规模约为410亿美元，欧洲、美国和日本公司所占的市场份额，分别为37%、30%和25%，中国公司仅为3%。根据中国汽车芯片产业创新战略联盟数据，中国9成的车载芯片都需要进口。“国内供应商的实力远远不如国外，打造中国新能源产业，关键是在核心系统以及算法等方面打造自己的体系。”一位汽车质量管理体系人员告诉未来汽车日报，这不能仅仅依靠国外供应商，需要加大基础研究的投资。“如果国内实现强强联合，并且纳入国家整体规划，以上海的条件很有希望树立优势。”“就像几十年前钱学森回国创业，不管你是来自内陆还是海外华人，只要想在智能汽车领域创业或者追梦，各路英雄豪杰都可以来上海，来临港。”相关人士表示，这是一个开源的城市，同时也希望把“卡脖子”技术放在这里。如今国产替代的声音愈演愈烈，上海这座襟海带江，舟车辏集的城市，似乎开启了新能源汽车的二次创业，在这片充满创新的土地上，能孕育出新的希望吗？","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2918,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351738975,"gmtCreate":1616632229797,"gmtModify":1704796631643,"author":{"id":"3572783242188448","authorId":"3572783242188448","name":"勇敢的謝爾頓","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572783242188448","authorIdStr":"3572783242188448"},"themes":[],"htmlText":"[666]&nbsp;","listText":"[666]&nbsp;","text":"[666]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351738975","repostId":"351485009","repostType":1,"repost":{"id":351485009,"gmtCreate":1616626269001,"gmtModify":1704796523176,"author":{"id":"3483669283508638","authorId":"3483669283508638","name":"我就是阿硕","avatar":"https://static.tigerbbs.com/ef3a6f12848da8815606073e69dae4be","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3483669283508638","authorIdStr":"3483669283508638"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/APOP\">$Cellect Biotechnology Ltd.(APOP)$</a>7.3空，5.1走了，目前來看操作很犀利[暗中觀察]&nbsp;","listText":"<a href=\"https://laohu8.com/S/APOP\">$Cellect Biotechnology Ltd.(APOP)$</a>7.3空，5.1走了，目前來看操作很犀利[暗中觀察]&nbsp;","text":"$Cellect Biotechnology Ltd.(APOP)$7.3空，5.1走了，目前來看操作很犀利[暗中觀察]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351485009","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2761,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353393450,"gmtCreate":1616459537670,"gmtModify":1704794322177,"author":{"id":"3572783242188448","authorId":"3572783242188448","name":"勇敢的謝爾頓","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572783242188448","authorIdStr":"3572783242188448"},"themes":[],"htmlText":"[666]&nbsp;","listText":"[666]&nbsp;","text":"[666]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353393450","repostId":"2121510889","repostType":4,"repost":{"id":"2121510889","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1616456389,"share":"https://ttm.financial/m/news/2121510889?lang=en_US&edition=fundamental","pubTime":"2021-03-23 07:39","market":"us","language":"zh","title":"Tencent Music Q4 and Full-Year Financial Report Bright, After-Hours Stock Price Once Hit a New High","url":"https://stock-news.laohu8.com/highlight/detail?id=2121510889","media":"老虎资讯综合","summary":"盘前，市场对腾讯音乐娱乐集团即将发布的财报普遍感到乐观，助推了腾讯音乐股价的强劲表现，其盘中股价一度上冲至31.12美元，创下上市以来的新高，并报收于30.89美元。在腾讯音乐公布财报后，其盘后股价一度涨超2.14%，并创下31.55美元的历史新高。其中环比净增长为430万，付费率达9%，高于第三季度的8%和2019年同期的6.2%。","content":"<p>March 23rd, after the US stock market closed on March 22nd (Monday),<a href=\"https://laohu8.com/S/TME\">Tencent Music</a>(TME.US) reported its fourth quarter and full year 2020 earnings results.</p><p>After the announcement of the financial report, its after-hours share price once rose by more than 2.14% and hit an all-time high of $31.55.<img src=\"https://static.tigerbbs.com/205ce59be0c5db585c7e736c69dd28fb\" tg-width=\"615\" tg-height=\"510\" referrerpolicy=\"no-referrer\"></p><p>According to the financial report, the company's revenue in the fourth quarter was RMB 8.34 billion (USD 1.28 billion), a year-on-year increase of 14.3%. The market expected RMB 8.334 billion, compared with RMB 7.293 billion in the same period last year. Among them, revenue from online music services increased by 29.0% year-on-year, up from 25.9% in the third quarter of 2020. Revenue from music subscription services was RMB1.58 billion (US$242 million), representing a year-on-year increase of 41.9%. Advertising services recorded over 100% year-over-year growth in the fourth quarter of 2020.</p><p>Net profit attributable to the company's shareholders in the fourth quarter was RMB1.2 billion (US$183 million), with earnings per ADS of RMB0.71, compared with market expectations of RMB0.68 and RMB0.62 in the same period last year.</p><p>In the fourth quarter, online music paying users reached 56 million, up 40.4% year-on-year, with a net increase of 4.3 million quarter-on-quarter, and the payment rate historically broke 9%, up from 8% in the third quarter and 6.2% in the same period of 2019.</p><p>It is worth noting that in the fourth quarter of 2020, the number of long audio albums of the company increased by 370% year-on-year, greatly enriching the long audio content pool; The long audio MAU penetration rate increased to 14.8% from 5.5% in the same period last year, and the average daily usage time of long audio users continued to grow.</p><p>Revenue for the full year 2020 increased by 14.6% year-on-year to RMB29.15 billion (US$4.47 billion), and net profit attributable to the Company's shareholders for the full year 2020 increased by 4.3% year-on-year to RMB4.16 billion (US$637 million).</p><p>Mr. Peng Jiaxin, CEO of Tencent Music, said: \"By investing in multiple formats of music genres, we have further strengthened our content leadership and increased user engagement, which is reflected in the continuous growth of users' total usage time on our platform. Our initial investment in long audio began to pay off, with the penetration rate of long audio in our user base reaching 15% in the fourth quarter of 2020, up from 6% in the same period last year.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music Q4 and Full-Year Financial Report Bright, After-Hours Stock Price Once Hit a New High</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music Q4 and Full-Year Financial Report Bright, After-Hours Stock Price Once Hit a New High\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-23 07:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>March 23rd, after the US stock market closed on March 22nd (Monday),<a href=\"https://laohu8.com/S/TME\">Tencent Music</a>(TME.US) reported its fourth quarter and full year 2020 earnings results.</p><p>After the announcement of the financial report, its after-hours share price once rose by more than 2.14% and hit an all-time high of $31.55.<img src=\"https://static.tigerbbs.com/205ce59be0c5db585c7e736c69dd28fb\" tg-width=\"615\" tg-height=\"510\" referrerpolicy=\"no-referrer\"></p><p>According to the financial report, the company's revenue in the fourth quarter was RMB 8.34 billion (USD 1.28 billion), a year-on-year increase of 14.3%. The market expected RMB 8.334 billion, compared with RMB 7.293 billion in the same period last year. Among them, revenue from online music services increased by 29.0% year-on-year, up from 25.9% in the third quarter of 2020. Revenue from music subscription services was RMB1.58 billion (US$242 million), representing a year-on-year increase of 41.9%. Advertising services recorded over 100% year-over-year growth in the fourth quarter of 2020.</p><p>Net profit attributable to the company's shareholders in the fourth quarter was RMB1.2 billion (US$183 million), with earnings per ADS of RMB0.71, compared with market expectations of RMB0.68 and RMB0.62 in the same period last year.</p><p>In the fourth quarter, online music paying users reached 56 million, up 40.4% year-on-year, with a net increase of 4.3 million quarter-on-quarter, and the payment rate historically broke 9%, up from 8% in the third quarter and 6.2% in the same period of 2019.</p><p>It is worth noting that in the fourth quarter of 2020, the number of long audio albums of the company increased by 370% year-on-year, greatly enriching the long audio content pool; The long audio MAU penetration rate increased to 14.8% from 5.5% in the same period last year, and the average daily usage time of long audio users continued to grow.</p><p>Revenue for the full year 2020 increased by 14.6% year-on-year to RMB29.15 billion (US$4.47 billion), and net profit attributable to the Company's shareholders for the full year 2020 increased by 4.3% year-on-year to RMB4.16 billion (US$637 million).</p><p>Mr. Peng Jiaxin, CEO of Tencent Music, said: \"By investing in multiple formats of music genres, we have further strengthened our content leadership and increased user engagement, which is reflected in the continuous growth of users' total usage time on our platform. Our initial investment in long audio began to pay off, with the penetration rate of long audio in our user base reaching 15% in the fourth quarter of 2020, up from 6% in the same period last year.\"</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/06c120bbb961941a6910f63352c38f2b","relate_stocks":{"TME":"腾讯音乐"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121510889","content_text":"3月23日讯，3月22日(周一)美股收盘后，腾讯音乐(TME.US)公布了2020年四季度及全年财报。公布财报后，其盘后股价一度涨超2.14%，并创下31.55美元的历史新高。财报显示，公司四季度营收为人民币83.4亿元(12.8亿美元)，同比增长14.3%，市场预期83.34亿元，去年同期72.93亿元。其中，在线音乐服务收入同比增长29.0%，高于2020年第三季度的25.9%。音乐订阅服务收入为人民币15.8亿元(2.42亿美元)，同比增长41.9%。广告服务在2020年第四季度录得超过100%的同比增长。四季度归属于公司股东的净利润为人民币12亿元(1.83亿美元)，每ADS盈利0.71元，市场预期0.68元，去年同期0.62元。四季度在线音乐付费用户达到5600万，同比增长40.4%，环比净增长为430万，付费率历史性破9%，高于第三季度的8%和2019年同期的6.2%。值得注意的是，2020年第四季度，公司长音频专辑数量同比增长370%，极大丰富了长音频内容池；长音频MAU渗透率从去年同期的5.5%增长至14.8%，长音频用户日均使用时长持续增长。2020年全年收入同比增长14.6%至人民币291.5亿元(44.7亿美元)，2020年全年归属于公司股东的净利润同比增长4.3%至人民币41.6亿元(6.37亿美元)。腾讯音乐首席执行官彭迦信先生表示：“通过投资多种格式的音乐类型，我们进一步加强了内容的领先性，提高了用户的参与度，这体现在用户在我们平台上的总使用时间的连续增长。我们最初在长音频方面的投资开始得到回报，2020年第四季度长音频在我们用户群中的渗透率达到15%，高于去年同期的6%。”","news_type":1,"symbols_score_info":{"TME":0.9}},"isVote":1,"tweetType":1,"viewCount":2648,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325778581,"gmtCreate":1615940895043,"gmtModify":1704788660108,"author":{"id":"3572783242188448","authorId":"3572783242188448","name":"勇敢的謝爾頓","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572783242188448","authorIdStr":"3572783242188448"},"themes":[],"htmlText":"WoW","listText":"WoW","text":"WoW","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325778581","repostId":"2119897930","repostType":4,"repost":{"id":"2119897930","kind":"news","pubTimestamp":1615932278,"share":"https://ttm.financial/m/news/2119897930?lang=en_US&edition=fundamental","pubTime":"2021-03-17 06:04","market":"hk","language":"zh","title":"VW stock soars nearly 30% as it vows to compete with Tesla for the first brother in electric cars","url":"https://stock-news.laohu8.com/highlight/detail?id=2119897930","media":"华尔街见闻","summary":"在大众汽车最新的目标中，该传统汽车公司计划今年销售100万辆电动汽车，并最晚于2025年成为全球电动汽车市场的领导者。","content":"<p>In recent times, Volkswagen has held a succession of launches indicating that it has replaced<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Ambition to become a global leader in electric vehicles.</p><p>Among Volkswagen's latest targets, the legacy car company plans to sell 1 million EVs this year and become the global EV market leader by 2025 at the latest.</p><p>Volkswagen's European shares surged 29% at one point on Tuesday.</p><p><img src=\"https://wpimg.wallstcn.com/9d4b4ad8-389c-4a7a-a855-0d55dc4e9642.png\" tg-width=\"638\" tg-height=\"364\" referrerpolicy=\"no-referrer\"></p><p>It comes after VW announced it would standardize key technologies for electric vehicles and create economies of scale that neither Tesla nor other automakers can match.</p><p>On Monday, Volkswagen announced plans to build six \"gigafactories\" in Europe and expand charging infrastructure in Europe, North America and China.</p><p>On the battery side, the Wolfsburg-based company will also focus on developing a \"new unified battery,\" which is scheduled to launch in 2023 and will be used in 80% of VW's electric vehicles by 2030.</p><p>Volkswagen CEO Herbert Diess said in an interview with CNBC that the next 15 years will see the development of electric vehicles, while software will be the core driver of the automotive industry and enable autonomous driving.</p><p>Diess is also optimistic about the gap between Tesla and legacy European automakers, and whether it can be bridged.</p><p>It takes the lifecycle, it takes the product, it takes the capacity of the factory, it takes the market, it takes earning the trust of the customer, he said.</p><p>Finally, Diess also denied rumors that they would work with Tesla and said it would pursue its own technical route, approaching and then surpassing.</p>","source":"wallstreetcn_api","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>VW stock soars nearly 30% as it vows to compete with Tesla for the first brother in electric cars</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVW stock soars nearly 30% as it vows to compete with Tesla for the first brother in electric cars\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-03-17 06:04</span>\n</p>\n</h4>\n</header>\n<article>\n<p>In recent times, Volkswagen has held a succession of launches indicating that it has replaced<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Ambition to become a global leader in electric vehicles.</p><p>Among Volkswagen's latest targets, the legacy car company plans to sell 1 million EVs this year and become the global EV market leader by 2025 at the latest.</p><p>Volkswagen's European shares surged 29% at one point on Tuesday.</p><p><img src=\"https://wpimg.wallstcn.com/9d4b4ad8-389c-4a7a-a855-0d55dc4e9642.png\" tg-width=\"638\" tg-height=\"364\" referrerpolicy=\"no-referrer\"></p><p>It comes after VW announced it would standardize key technologies for electric vehicles and create economies of scale that neither Tesla nor other automakers can match.</p><p>On Monday, Volkswagen announced plans to build six \"gigafactories\" in Europe and expand charging infrastructure in Europe, North America and China.</p><p>On the battery side, the Wolfsburg-based company will also focus on developing a \"new unified battery,\" which is scheduled to launch in 2023 and will be used in 80% of VW's electric vehicles by 2030.</p><p>Volkswagen CEO Herbert Diess said in an interview with CNBC that the next 15 years will see the development of electric vehicles, while software will be the core driver of the automotive industry and enable autonomous driving.</p><p>Diess is also optimistic about the gap between Tesla and legacy European automakers, and whether it can be bridged.</p><p>It takes the lifecycle, it takes the product, it takes the capacity of the factory, it takes the market, it takes earning the trust of the customer, he said.</p><p>Finally, Diess also denied rumors that they would work with Tesla and said it would pursue its own technical route, approaching and then surpassing.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3623923\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3e707b08b9b2e46de2e172fbe3a489c3","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://wallstreetcn.com/articles/3623923","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2119897930","content_text":"最近一段时间，大众汽车接连召开发布会，表明取代特斯拉成为全球电动汽车领导者的雄心壮志。在大众汽车最新的目标中，该传统汽车公司计划今年销售100万辆电动汽车，并最晚于2025年成为全球电动汽车市场的领导者。大众汽车欧股周二一度飙升29%。此前，大众宣布要将电动车的关键技术标准化，并产生特斯拉和其他汽车生产商都无法匹敌的规模效应。周一，大众宣布将在欧洲建立六个“超级工厂”的计划，并扩大在欧洲，北美和中国的充电基础设施建设。在电池方面，总部位于沃尔夫斯堡的公司还将重点开发“新的统一电池”，该电池计划于2023年推出，到2030年，该电池将在大众80％的电动汽车中使用。大众汽车CEO Herbert Diess在接受CNBC采访时表示，未来15年将见证电动汽车的发展，而软件将成为汽车行业的核心驱动力，并实现自动驾驶。关于特斯拉与欧洲传统汽车制造商之间的差距，以及是否可以弥补这一差距，Diess也感到乐观。他表示，这需要生命周期，需要产品，需要工厂的产能，需要市场，需要赢得客户的信任。最后，Diess还否认了他们将与特斯拉合作的传言，并表示将寻求自己的技术路线，接近然后超越。","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2972,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}