China Tech Digest: Lenovo Plans To List On STAR Board Within Months


Lenovo to IPO on the Science and Technology Innovation Board

Lenovo Group’s CFO Huang Weiming revealed in an interview that the return to domestic listing is to cope with the business opportunities generated by China’s new infrastructure.

Huang Weiming said: "The prospectus is currently under preparation, and the detailed content is not convenient for disclosure. According to the listing procedure, all management has completed the training, and we will submit it to the Shanghai Stock Exchange and strive to be listed in China within the next few months."

"Tianwen No. 1″ has a flight mileage of more than 450 million kilometers and will circle Mars around Lunar New Year’s Eve

It is learned from China Aerospace Science and Technology Corporation that China’s first Mars exploration mission "Tianwen-1″ has a total flight mileage of more than 450 million kilometers and is about 170 million kilometers from the earth.

It is expected that around February 10th, which is around Lunar New Year’s Eve, "Tianwen No.1″ will conduct near Mars braking and start a journey around Mars.

Chinese research team published a paper saying that two domestic covid vaccines are effective against South African variants

The Chinese Center for Disease Control and Prevention Gao Fu and others said that the domestically-made inactivated Covid-19 vaccine and the domestically-made recombinant protein subunit Covid-19 vaccine in phase 3 clinical trials are effective against the new South African variant (SARS-CoV-2 variant of concern (VOC)501Y.V2).

The results showed that although the neutralizing effect of the sera of these two vaccines against the new South African variant decreased slightly, it still retained most of the neutralizing activity, suggesting that the two vaccines still have a protective effect on the new South African variant.

PricewaterhouseCoopers: Chinese unicorn companies slow down their plans to go list overseas, and the proportion of domestic listings rises to 59%

The "PwC China Unicorn CEO Survey 2020″ was released today. The report shows that due to the accelerated reform of the registration system of the Sci-tech Innovation Board and ChiNext, and taking into account the uncertain impact of the US stock listing policy, Chinese unicorn companies are planning to list in China more.

This proportion of enterprises has increased from 43% in 2019 to 59% in 2020. At the same time, the pace of unicorn companies going to list overseas has slowed down.

The proportion of companies that have postponed or have no plans for overseas expansion has risen from 25% in 2019 to 59% in 2020. The Asia-Pacific region continues to be the top choice for unicorn overseas expansion.

China’s national funds investing in satellite Internet

Private satellite company CommSat has obtained a 100 million yuan level strategic investment from the China Internet Investment Fund.

This is the first time that China Internet Investment Fund has deployed in the private aerospace field. The fund was established with the approval of the State Council and jointly initiated by the Central Cyberspace Administration of China and the Ministry of Finance. The total planned size of the fund is 100 billion yuan, and the first phase is 30 billion yuan.

Officials say chip problems should be gradually eased

According to the Association of Transportation, from the perspective of the supply area of ​​chip production, as the pandemic situation gradually improves, the recovery of production capacity should improve.

Due to the strong upstream monopoly of chips, the supply contradiction has been exacerbated. As the Chinese New Year approaches, the peak production season for electronic consumer products ends, and the demand for chips will gradually decrease.

Therefore, the contradiction in the supply of chips in the future will be significantly reduced.

Tesla’s Shanghai Super Charging Pile Factory was officially put into operation, after it took less than a year from the project to the start of production

Tesla’s Shanghai Super Charging Pile Factory was officially completed and put into production, representing the world’s leading third-generation Super Charging Pile (V3) has officially launched. It took less than half a year for the project to be officially launched in August 2020.

Google co-founder Sergey Brin sets up a family office in Singapore

The family office of Google co-founder Sergey Brin (Sergey Brin), Bayshore Global Management, recently submitted a document to regulators stating that the company opened an office in Singapore at the end of last year.

Its deputy chief investment officer Marie Young and was appointed as the head of the department.

CNNIC: The number of Chinese Internet users has reached 989 million, and the Internet penetration rate has reached 70.4%

The China Internet Network Information Center (CNNIC) released the 46th "Statistical Report on China’s Internet Development Status".

The report shows that as of December 2020, the number of Internet users in China reached 989 million, an increase of 85.4 million from March 2020, and the Internet penetration rate reached 70.4%, an increase of 5.9 percentage points from March 2020.

The number of mobile Internet users in China has reached 986 million, an increase of 88.85 million from March 2020, accounting for 99.7% of the total.

The number of online shopping users in China reached 782 million, an increase of 72.15 million from March 2020, accounting for 79.1% of the total Internet users.

The number of mobile online shopping uses reached 781 million, an increase of 73.09 million from March 2020, accounting for 79.2% of mobile Internet users.

The number of users of online video (including short videos) in China reached 927 million, an increase of 76.33 million from March 2020, accounting for 93.7% of the total Internet users. Among them, short video users reached 873 million, accounting for 88.3% of the total netizens.

 
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