During the epidemic: How did these 10 high-tech companies perform?
Since the closure of Wuhan due to the epidemic on January 23, in just 4 months, China's high-tech industry has experienced the most difficult development period in history. Survival and transformation have filled every corner inside and outside the Great Wall; let Chinese people read it all There are all kinds of enterprises, there are those who breathe with the country and switch production to fight the epidemic, those who protect employees' lives at the expense of corporate interests, those who play children's temper and ask for orders, there are also executives who personally "investigate" competitors, and some become Internet celebrities for the company Those who bring goods, and of course those who are not afraid of the power of US imperialism and resist...
There are a thousand companies, and there are a thousand kinds of epidemic ecology. Today, 10 companies are selected to take stock of their performance and survival status during the epidemic.
No. 10 - CLP Electric: Executives became “Internet celebrities” due to circumvention
Among the nearly 4,000 A-share listed companies, China Electric Motor Co., Ltd., with an annual revenue of 600 million yuan and a total market value of less than 3 billion yuan, is very inconspicuous. A magical operation shocked all A-share company executives. He actually climbed over the wall to "inspect" a competitor's workshop and was caught doing so.
After the incident was exposed, countless netizens praised him as a "conscience boss", and CEC Electric came into the public eye because of this. After the stock market opened on Monday, the stock price approached the daily limit.
However, for CEEC, this matter was too outrageous. Since then, Wang Jianyu and his CEEC fell into a period of silence, and even the other party involved in the case, Huayong Electric, also kept silent, giving CECM face enough.
It was not until the recent general meeting of shareholders that Wang Jianyu entered the public eye again, but he kept silent about his personal experience, but talked about the market layout of the acquisition of the German motor manufacturer VEM.
No. 9 - Nokia Bell: The Fortune 500 who behaves like a child
Nokia Bell is the only joint venture among central enterprises directly supervised by the State-owned Assets Supervision and Administration Commission of the State Council, and it is also Nokia's exclusive operating platform in China.
At the beginning of this year, it participated in the 5G centralized procurement bidding process of China's three major operators, and its series of performances were extremely inconsistent with its status as the world's top 500, giving people an image of "crying children have milk to drink".
First, when it was not selected in the centralized procurement of China Mobile in early April, Nokia Bell immediately complained to China Unicom, and at the same time accused the winning bidders of being unkind; who knew that the house leak happened to be rainy all night, and Nokia was in the joint 5G procurement of China Unicom & China Telecom at the end of April. After losing again, he cried out helplessly and expressed his determination with "Don't forget your original intention, commit to China".
Perhaps it was just the childlike cuteness of Nokia Bell. After China Unicom officially opened the tender on April 30, the plot reversed.
No. 8 - Lenovo: The scolding continues, but the need for change continues
Lenovo’s covert support for Qualcomm led to Huawei’s failure to meet the standards, and was assisted by the British media as a non-Chinese company’s two gods. So far, as long as Lenovo is mentioned, some people have stood up to Lenovo, angry and reprimanded, and ridiculed.
The computer equipment that Lenovo aided in the construction of Leishenshan and Huoshenshan in Wuhan, Hubei was also criticized by netizens; so that Lenovo did not dare to reply to netizens, but chose to do things in silence.
This year's epidemic has led to widespread digitization and networking of teaching and offices across the country, which has made Lenovo more determined on its digital transformation route that started in 2017. Currently, the revenue from its smart IoT transformation business has accounted for about 10% of its total revenue in China. %.
On May 11, Lenovo officially launched new commercial IoT products and solutions, and at the same time announced its IoT development map, clarifying Lenovo's core competitiveness in the next ten years.
The important thing is that Lenovo wants to use this appearance to express to the Chinese people its determination to be born in China, grow up in China, and serve China.
No. 7-Hikvision: triggering concerns about industry ceiling
As a global leader in security, Hikvision has maintained a good low-key style for a long time. Even if it has been named by the US government many times, it has turned major issues into minor ones, as if such a company does not exist in the world.
In fact, Hikvision's products can be found in every corner of the world, on roads, parks, communities, shopping malls... wherever cameras can be installed, there are Hikvision products.
But in the face of the epidemic, Hikvision also hesitated. In the first quarter, it recorded a total of 9.429 billion yuan, a year-on-year decrease of 5.17%, and realized a net profit of 1.496 billion yuan, a year-on-year decrease of 2.59%. The negative growth of revenue and the negative growth of net profit in the first quarter for two consecutive years seem to tell us that the best era of security is coming to an end, and the worst era may be coming.
At the same time, Hikvision must always be wary of backstabbing by the U.S. government.
In order to improve the unfavorable situation, Hikvision made multiple attacks, planning to divest the best-developed fluorite business unit, and at the same time increase the development of emerging businesses such as memory chips, robots, machine vision, and automobiles; next, Hikvision officially Entering the smart security inspection market, it is foreseeable that a number of small and medium-sized enterprises will be beaten to death.
No. 6-Midea: Robots are holding back and strengthening industrial control
Compared with Hisense's generous layoffs of 10,000 employees, Midea is a very conscientious company. It insists on not laying off employees or cutting salaries, and only freezes part of the salaries of about 100 executives.
In the first quarter of this year, Midea's revenue and profits both fell by more than 20% year-on-year, which was far better than the 45% average decline in the white goods market.
In terms of overall business layout, KUKA Robotics, which was acquired at a cost of 29.2 billion yuan in 2017, has seen a decline in performance for two consecutive years. In addition to helping Midea build automated production lines and optimize logistics equipment, this European romantic beauty left Midea with more feathers. So far, an investment of about 30 billion yuan has only yielded a profit of 300 million yuan, which has seriously damaged Midea's brand reputation, and investors have repeatedly launched attacks on this.
But as a fait accompli, Midea can only grit its teeth and stick to it; but on the other hand, Midea continues to increase the layout of frequency converters and servers, and in early April, Midea invested 740 million yuan in Hekang Xinneng. However, recently, Luanping Huitong, a subsidiary of Hekang Xinneng, believed that Hekang Xinneng caused a loss of 63.665 million yuan to Luanping Huitong due to insufficient funds, and demanded that Hekang Xinneng pay compensation; at the same time, the major shareholder Ye Jinwu unilaterally sold the company's equity , and must also compensate shareholder Long Tengyun 10 million yuan.
Just after the acquisition, before there was time to integrate it, the subject matter caused such a drama, which is a headache for Midea Group.
No. 5-Wuling: The fastest recovering car company
Ever since Wuling announced that it would switch to producing masks, it is no longer just the god of mountain cars in Qiu Ming, but also the patron saint of China’s epidemic prevention.
Throughout Wuling's development history, it has been closely linked to the fate of the country every time. Just as it said when it switched to producing masks: We will produce what the people need. It became the first company among many domestic car companies to switch to the production of masks, and it inspired BYD, GAC and other companies that subsequently switched to the production of masks.
At the same time, Wuling is worthy of the title of "God Car" and is also the first car company to successfully recover from the epidemic. In March, Wuling won the title with sales of 130,000 vehicles. In April, sales increased by 13.5% year-on-year, for two consecutive months Continue to develop for the better and successfully emerge from the haze of the epidemic.
On the 25th of this month, Wuling Shenche, which has experienced 35 years of ups and downs, will usher in the 22 millionth vehicle off the assembly line. For the Chinese auto market with consumption upgrades, "22 million" is of great significance to Wuling. It is not only an affirmation of its past achievements, but also In the new journey to meet the needs of the people in the future, Wuling's new LOGO will be rolled off the production line simultaneously with the "22 millionth car", and will compete in the next autumn with an innovative attitude.
No. 4-Gree: Live broadcast to bring goods to fight the epidemic
There is never a lack of topics in the world with Gree. At the moment of the epidemic, Gree scored zero in February and only a few hundred million yuan in March. For Gree, a Fortune 500 company, it is not enough to pay utility bills. Ms. Dong quickly took advantage of being an internet celebrity.
Unexpectedly, the first live broadcast on April 24 was overturned with a score of 233,500 yuan because Ms. Dong was not familiar with the road; but this did not affect Ms. Dong's mood at all. With an impressive performance of more than 300 million yuan per game and 700 million yuan in the third game, she became the queen of live streaming.
While Ms. Dong was successfully promoted to be an old driver with online celebrities, Gree also had good news. On May 12, the court finally made a judgment on the dispute between Gree and its old rival Oaks that began in January 2017. Oaks was ordered to compensate Gree 4,000 Ten thousand yuan.
But what everyone recognizes most about Gree is that in the face of the bleak revenue in the first quarter, Gree did not change its face and recruited 5,000 employees against the trend, becoming a rare and conscientious enterprise in the epidemic; Major investment in new online channels; and plans to distribute dividends to shareholders in the second half of the year; continuous operations have allowed Ms. Dong to successfully gain fans again.
No. 3-Foxconn: Waterloo and gear shifting upgrades in parallel
In the manufacturing industry, Foxconn is well-known as the king of foundry. In recent years, it has actively deployed its global layout and set up factories in the United States and India. More importantly, due to the impact of Apple’s order cuts, several Foxconn factories in mainland China have frequently reported layoffs, and informal employees of labor agencies bear the brunt. At the same time, the reduction in overtime work has also forced many employees to leave their jobs voluntarily.
Affected by this, Foxconn's attitude towards local brands in mainland China has quietly changed. Its boss Terry Gou has stated that he will fully support domestic brands, pointing to orders from Huawei, which has already entered the arms of BYD.
In addition to OEM, Foxconn is also quietly changing its traditional ecology. The long-prepared semiconductor project finally made the latest progress. On April 16, Foxconn’s high-end semiconductor packaging and testing project with a total investment of 60 billion yuan officially settled in Qingdao West Coast New District; 5 On March 13, Foxconn joined hands with Hailo and Socionext to officially launch a new era of AI edge computing image processing solutions, demonstrating that Foxconn is continuously advancing its technological depth and breadth layout.
No. 2-BYD: Two-faced angel struggling to survive
BYD is a Chinese high-tech company that was second only to Huawei in terms of activity during the epidemic. The blade battery launched has detonated the lithium battery new energy market. The battery industry may be in trouble again, and BYD is expected to return to the top of the king.
BYD has always been criticized by the industry for its large and complex internal organizational structure. While working hard to produce masks, Boss Wang finally took action and established five "Fudi" companies in one go, and introduced the original auto parts-related products. In industrial chain business, the intention of “specializing in technology” is obvious. BYD also launched the Changsha IGBT factory, injecting a boost into the annual output of 500,000 new energy vehicles.
What really made BYD an Internet celebrity was its switch to the mask business. From decision to production, BYD only took 10 days. In May, the production capacity was as high as 50 million pieces per day. This is how the world's largest mask manufacturer was established. ; But in a moment of enthusiasm, she fell into a contract trap set by the United States. Masks worth more than 1 billion US dollars were forced to become an "elderly leftover woman". Where she will go is still unknown.
Masks have made BYD more and more famous, but it cannot hide its devilish and angelic side. It once became the target of public criticism due to forced holidays and false resumption of work. The reason behind this is the sharp decline in performance and extremely low profit margins during the epidemic, which makes BYD's "mercy" The balance is tilted toward money, and the mask business has become the key to BYD's year-on-year growth in its performance in the first half of the year.
No. 1-Huawei: Since ancient times, heroes have suffered many hardships
Huawei's 5G is the world's leading company. In the face of various unfavorable external environments, all Huawei employees have been highly united and concentrated on solving difficulties, demonstrating very strong resilience and demonstrating the strong side of Chinese technology companies' development and survival.
After more than a year of preparation, Huawei's newly released P40 mobile phone has negligible traces of American components; HMS is also accelerating to break through Google's blockade; among global 5G orders, Huawei has won the most 91 in one fell swoop, and has become China's 5G construction The biggest winner...
Everything seemed to be going well, but the U.S. blockade seemed to be drifting away from Huawei. However, what awaited Huawei was an unprecedented storm.
On May 15, the U.S. government shamelessly revised its control rules and shamelessly announced that companies around the world need to obtain U.S. certification licenses as long as they use U.S. equipment and technology to supply products to Huawei.
This means that Huawei's previous efforts to de-Americanize have been greatly reduced. The Alstom incident in 2013 has happened again. The Chinese people and the industry are all worried about Huawei's future.
As a sanctioned party, Huawei was forced to issue a protest vow that "we have no choice but to win!"
summary
The various behaviors of enterprises are the manifestations of the choices made by various high-tech enterprises in the face of the national crisis. In their own way, they express their concern and support for the national crisis, their anxiety and persistence for the survival of the enterprise, and their struggle and rise against unreasonable suppression. Perhaps during this period There have been some setbacks, but on the whole, China's high-tech enterprises share the same fate with the country and breathe with the people. They have always supported the overall good development of the Chinese economy.
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