In the journey of globalization, the presence of Chinese enterprises has become increasingly active, and brand influence has continued to strengthen.
Recently, two dynamic news further confirmed this phenomenon. One is that JA Solar Technology (SZ002459, stock price 17.61 yuan, market value 58.399 billion yuan) has once again been awarded the "Top Photovoltaic Brand" of EUPD in Central, Northeast Africa and Africa. The other is that JD Group (HK09618, stock price 95.750 Hong Kong dollars, market value 300.2 billion Hong Kong dollars) has won the Gartner Supply Chain Technology Innovation Award for 2024.
These honors demonstrate the technical strength and market position of the two companies, as well as the brand enhancement of Chinese enterprises on a global scale. At the same time, these international awards are not only a recognition of individual achievements of enterprises, but also a powerful proof of the overall brand strength of related industries in China. They symbolize the solid steps and unlimited potential of Chinese enterprises in the process of globalization.
Strategic decision-making
Alibaba SW (HK09988): Don't rush to have Cainiao and Hema go public
On February 7th, Alibaba Group Chairman Cai Chongxin stated in a conference call that Alibaba is not in a hurry to have Cainiao and Hema go public (IPO). "We will consider separate financing for different businesses, but we will not act too hastily," said Cai Chongxin. The focus of our strategy now is to promote synergies between different businesses within the group.
Comment: We are not in a hurry to have Cainiao and Hema go public, which is in line with Alibaba's consistent stable development strategy of achieving sustainable growth through continuous innovation and optimization. Cai Chongxin's emphasis on "synergies" indicates that Alibaba is seeking to achieve complementarity and strengthening between businesses through internal integration to cope with increasingly fierce market competition.
Major Release
JA Solar Technology (SZ002459): Once again awarded the "Top Photovoltaic Brand" of EUPD in Central, Northeast Africa and Africa
Recently, JA Solar Technology was awarded the title of "Top Photovoltaic Brand" in countries and regions such as Central and Northeast Africa, Africa, South Africa, and Nigeria for the year 2024 by the globally authoritative research firm EUPD Research.
Comment: "Top Photovoltaic Brand" is an award with a wide reputation in the global photovoltaic industry and high recognition. The award marks the recognition of JA Solar's products and services in more and more countries and regions around the world.
JD Group SW (HK09618): Won the 2024 Gartner Supply Chain Technology Innovation Award
On the evening of February 14th, Gartner officially announced the 2024 Gartner Power of the Professional Supply Chain Award to the world. JD Group won the Supply Chain Technology Innovation Award, becoming the only Asian enterprise to receive the award.
Comment: The Gartner Power of the Professor Supply Chain Award has been held for ten years and is an internationally authoritative annual award that measures the innovation capability of a company's supply chain. It aims to recognize companies that have demonstrated breakthrough innovation globally to promote global supply chain intelligent transformation. Winning the championship this time demonstrates JD's continuous technological breakthroughs in the supply chain field.
Performance Announcement
China Electric Power Construction Corporation (SH601669): Subsidiary won the bid for 5.191 billion yuan offshore wind power related projects
On February 6th, China Electric Power Construction announced that its subsidiary, China Electric Power Construction Group East China Survey, Design and Research Institute Co., Ltd., had won the bid for the EPC general contracting package 1 of the Huaneng Yuhuan 2 offshore wind power project, with a winning amount of approximately 5.191 billion yuan. It is reported that the project is located in the sea area of Yuhuan City, Taizhou City, Zhejiang Province, with a site area of 41.9km and a total capacity of 504MW.
Comment: China Electric Power Construction's winning bid not only reflects its strong strength in project construction in the new energy field, but also has the potential to bring considerable revenue and net profit growth to it. In addition, with the booming development of the new energy industry, it is expected that China Electric Power Construction will continue to benefit in the coming years.
Operational measures
JD Group SW (HK09618): Over 20000 JD frontline customer service staff with an average salary increase of over 30%
On February 5th, JD Group announced that starting from February 1st, 2024, more than 20000 JD frontline customer service employees will achieve an average annual salary increase of over 30%. It is worth noting that 2024 is the 12th year for JD.com to adhere to the principle of delivering goods during the Spring Festival, and the JD customer service team will also have over 10000 people dedicated to their positions. In addition, JD.com will also provide free "visiting rooms" for the relatives of customer service employees on duty in Suqian, Chengdu, and Wuhan.
Comment: JD's salary increase measures not only recognize the hard work of employees, but also reflect the company's strategy of optimizing talent structure and improving service quality, which helps to improve employee satisfaction and loyalty. Meanwhile, with the continuous delivery services during the Spring Festival, JD.com provides free services to relatives of customer service employees who stick to their posts; Quota; Visiting Room; Quota;, It also demonstrates the humanistic care of the enterprise and shapes an excellent employer brand image.
Meituan-W (HK03690): In 2024, we will continue to promote the full chain governance of fraud and corruption in key areas
On February 5th, Meituan announced that the company will continue to focus on promoting the full chain governance of fraud and corruption in key areas such as commodity procurement, service procurement, product spare parts procurement, and major business cooperation in 2024, eliminating systemic risks of fraud and corruption, and jointly building and sharing a clean cooperation ecosystem with a large number of honest and trustworthy cooperative enterprises.
Comment: In the current fiercely competitive market, Meituan's move helps to improve supply chain management efficiency, control procurement costs, and attract more honest partners to jointly build a healthy business ecosystem. By eliminating the systemic risks of fraud and corruption, Meituan is also expected to further consolidate its market position and enhance its brand influence.
Industrial expansion
Geely Automobile (HK00175): Signed a vehicle procurement agreement with Geely Krypton
On February 7th, Geely Automobile announced that in order to introduce the new energy vehicles of the Geely Krypton brand into the Mexican market, the company has entered into a vehicle procurement agreement with Geely Krypton. Based on this agreement, the group has conditionally agreed to purchase the entire vehicle and related after-sales parts and accessories from Geely Krypton Group for resale in Mexico. As of December 31, 2026, for the three fiscal years, the suggested annual upper limits under the vehicle procurement agreement will be approximately RMB 674 million, RMB 1.564 billion, and RMB 3.129 billion, respectively.
Comment: This move not only aligns with Geely Automobile's strategic plan to expand its overseas markets, enhance Geely Automobile's competitiveness in overseas markets, but also helps to enhance the global awareness of the Jike brand, laying a solid foundation for its global development.
New product launch
Tencent Holdings (HK00700): WeChat Mini Program Launches "Low Temperature Rain, Snow, and Frozen Information Reporting Platform"
On February 5th, Tencent official WeChat announced the emergency launch of the "Low Temperature, Rain, Snow, and Frozen Information Reporting Platform" in collaboration with the National Disaster Reduction Center of the Ministry of Emergency Management and the National Emergency Broadcasting of China Central Radio and Television. Users can quickly report disaster situations through WeChat mini programs, as well as use it for personal help or assistance; At the same time, the platform can also view dynamic warning information released by the National Emergency Broadcasting Center, as well as popular science content on frozen rain and snow disaster prevention, allowing readers to master emergency avoidance skills.
Comment: Against the backdrop of heavy snowfall, freezing rain and other weather affecting many areas, Tencent has launched the& Quota; Low temperature, rain, snow, and freezing information reporting platform; Quota; It can effectively improve the efficiency of disaster response, reflect its responsibility in social responsibility, and also help shape a higher quality brand image.
CRRC (SH601766): Shenzhen Metro Tunnel Structure Intelligent Diagnosis Vehicle Successfully Offline
Recently, the intelligent diagnostic vehicle for Shenzhen subway tunnel structure jointly developed by CRRC and Shenzhen University has been successfully launched. The new generation of railway tunnel "diagnostic tool" will provide strong technical support for the stable operation of domestic subway lines. It is reported that the diagnostic vehicle comes with a power system, which can achieve functions such as traction control, vehicle ground communication interaction, continuous operation in orbit, remote monitoring, and equipment data collection and processing. It has five major characteristics: high integration, intelligent application, low maintenance cost, green environmental protection, and strong scalability.
Comment: The intelligent diagnostic vehicle for subway tunnel structure is a comprehensive diagnostic equipment that can achieve functions such as internal cavity photography, inner wall inspection, and contour scanning inside subway tunnels. The intelligent diagnostic vehicle for Shenzhen subway tunnel structure, successfully launched by CRRC, marks an important step in China's railway tunnel inspection field. This product has high integration and strong intelligence, which can greatly improve the efficiency and accuracy of tunnel detection, and is expected to become a key technical guarantee for the stable operation of subway lines.