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	<title>Venture &#8211; Spress</title>
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	<description>Spress is a general newspaper in English which is updated 24 hours a day.</description>
	<lastBuildDate>Tue, 25 May 2021 16:25:07 +0000</lastBuildDate>
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		<title>Huawei will switch to making chips for electric cars</title>
		<link>https://en.spress.net/huawei-will-switch-to-making-chips-for-electric-cars/</link>
		
		<dc:creator><![CDATA[Thục Anh (TH)]]></dc:creator>
		<pubDate>Tue, 25 May 2021 16:25:07 +0000</pubDate>
				<category><![CDATA[Tech]]></category>
		<category><![CDATA[audio]]></category>
		<category><![CDATA[Auto Shanghai]]></category>
		<category><![CDATA[Automobile company]]></category>
		<category><![CDATA[ban]]></category>
		<category><![CDATA[Car manufacturer]]></category>
		<category><![CDATA[cars]]></category>
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		<category><![CDATA[Changan]]></category>
		<category><![CDATA[chips]]></category>
		<category><![CDATA[Cooperation]]></category>
		<category><![CDATA[Crossover Seres SF5]]></category>
		<category><![CDATA[Electric]]></category>
		<category><![CDATA[Electric Car]]></category>
		<category><![CDATA[Electric cars]]></category>
		<category><![CDATA[electricity]]></category>
		<category><![CDATA[Huawei]]></category>
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		<guid isPermaLink="false">https://en.spress.net/huawei-will-switch-to-making-chips-for-electric-cars/</guid>

					<description><![CDATA[Huawei joined hands with Chongqing Changan, a Chinese auto company, and began to engage in chip development for electric vehicles. According to Reuters news agency, two sources familiar with the matter said that Huawei and Chongqing Changan have been collaborating in the field of semiconductor chip production informally for the past few months. Meanwhile, another [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>Huawei joined hands with Chongqing Changan, a Chinese auto company, and began to engage in chip development for electric vehicles.</strong><br />
<span id="more-18153"></span> According to Reuters news agency, two sources familiar with the matter said that Huawei and Chongqing Changan have been collaborating in the field of semiconductor chip production informally for the past few months. Meanwhile, another source said that the two sides will soon form a joint venture to develop and produce chips.</p>
<p> Huawei is starting to move into the car business after being hit by a US ban that made it lose access to chip design software for smartphones. The company recently launched the Seres SF5 crossover between Huawei and energy firm Cyrus. This model features smartphone connectivity and automatically transfers music and navigation information between the two sides, and is equipped with voice control technology and an audio system with 11 speakers. <img decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_24_236_21029373/a50d3608224acb14925b.jpg" width="625" height="415"> <em> Visitors at Auto Shanghai exhibition in Shanghai (China). Photo: Reuters.</em> Sources familiar with the matter said that, in addition to working with Changan to develop joint venture-branded smart cars, Huawei also plans to launch its own branded electric vehicles. and is in talks to buy a controlling stake in the electric vehicle division of a small domestic automaker. Huawei&#8217;s partnership with Chongqing Changan comes amid a global shortage of semiconductors and particularly affects carmakers. According to observers, switching to the automotive chip business is a more appropriate new direction, especially when the company is unable to produce chips for smartphones due to the bans from the US. Changan is currently unavailable for comment. Meanwhile, Huawei said it will let automakers make announcements about their cooperation relationships. Battery maker CATL, also part of the partnership, was also unavailable for comment.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">18153</post-id>	</item>
		<item>
		<title>Korea invests nearly 40 billion USD in the US</title>
		<link>https://en.spress.net/korea-invests-nearly-40-billion-usd-in-the-us/</link>
		
		<dc:creator><![CDATA[PV/VOV-Tokyo]]></dc:creator>
		<pubDate>Tue, 25 May 2021 10:03:05 +0000</pubDate>
				<category><![CDATA[Tech]]></category>
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		<category><![CDATA[billion]]></category>
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		<category><![CDATA[electricity]]></category>
		<category><![CDATA[Factory]]></category>
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		<category><![CDATA[president]]></category>
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		<guid isPermaLink="false">https://en.spress.net/korea-invests-nearly-40-billion-usd-in-the-us/</guid>

					<description><![CDATA[On the occasion of the Korea-US Summit taking place during the visit to the US by South Korean President Moon Jae-in, four major Korean corporations announced plans to invest 44 trillion won ($39.4 billion) in the US. At the recent Korea-US Business Roundtable at the headquarters of the US Department of Commerce with the participation [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>On the occasion of the Korea-US Summit taking place during the visit to the US by South Korean President Moon Jae-in, four major Korean corporations announced plans to invest 44 trillion won ($39.4 billion) in the US.</strong><br />
<span id="more-18085"></span> At the recent Korea-US Business Roundtable at the headquarters of the US Department of Commerce with the participation of South Korean President Moon Jae-in, Samsung Electronics announced that it will invest 17 billion USD to build the project. new semiconductor chip factory in the US.</p>
<p> Two battery manufacturers LG Energy Solution and SK Innovation also decided to proceed with an investment plan of 14 billion USD, including both private investment and joint venture with the US company. Hyundai Motor Company announced an investment of $7.4 billion to expand production and charging infrastructure for electric cars in the US. <img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_23_65_38942346/13681c140856e108b847.jpg" width="625" height="416"> <em> Photo: YONHAP News</em> Semiconductor chip maker SK Hynix will spend $1 billion to establish a large-scale Research and Development (R&#038;D) Center to innovate new growth areas such as artificial intelligence (AI), solutions NAND memory chips in Silicon Valley. At the conference, businesses emphasized the importance of the North American market in the key business segments of the future, such as the information and communication technology industry (including semiconductor chips), batteries, and batteries. electric bowl; announced to expand the market through cooperation with businesses with advanced American technology and needs, possessing new technologies. Also at this event, the leading US chemical company &#8211; DuPont announced a plan to build a Research and Development Center in Korea, to develop original technologies for semiconductor chip materials. Attending the Korea-US Business Roundtable, the Korean side included Minister of Industry, Trade and Resources Moon Seung-wook and leaders of major corporations SK, Samsung electronics, Hyundai automobiles, LG Energy Solution. , Samsung Biologics, SK Bioscience. The US side includes Commerce Secretary Gina Raimondo, along with leaders of Qualcomm, GM International, Novavax, DuPont, and Ampere Computing.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">18085</post-id>	</item>
		<item>
		<title>Samsung will build a new semiconductor chip factory in the US worth 17 billion USD</title>
		<link>https://en.spress.net/samsung-will-build-a-new-semiconductor-chip-factory-in-the-us-worth-17-billion-usd/</link>
		
		<dc:creator><![CDATA[editor]]></dc:creator>
		<pubDate>Sun, 23 May 2021 20:40:08 +0000</pubDate>
				<category><![CDATA[Tech]]></category>
		<category><![CDATA[Advanced]]></category>
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		<category><![CDATA[build]]></category>
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		<category><![CDATA[Korea]]></category>
		<category><![CDATA[LG Energy Solutions]]></category>
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		<category><![CDATA[North America]]></category>
		<category><![CDATA[Plan]]></category>
		<category><![CDATA[president]]></category>
		<category><![CDATA[Samsung]]></category>
		<category><![CDATA[Semiconductor]]></category>
		<category><![CDATA[SK Innovation]]></category>
		<category><![CDATA[The battery]]></category>
		<category><![CDATA[USD]]></category>
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		<guid isPermaLink="false">https://en.spress.net/samsung-will-build-a-new-semiconductor-chip-factory-in-the-us-worth-17-billion-usd/</guid>

					<description><![CDATA[Four major Korean corporations have announced plans to invest 44 trillion won ($39.4 billion) in the US, of which Samsung plans to build a new $17 billion semiconductor factory. Major Korean corporations including: Sumsung, Hyundai Motor, SK and LG announced plans to invest nearly 40 billion USD in the US. (Source: Business Korea) Specifically, at [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>Four major Korean corporations have announced plans to invest 44 trillion won ($39.4 billion) in the US, of which Samsung plans to build a new $17 billion semiconductor factory.</strong><br />
<span id="more-17668"></span> <img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_22_194_38932027/7d94da8ac1c8289671d9.jpg" width="625" height="436"> </p>
<p> <em> Major Korean corporations including: Sumsung, Hyundai Motor, SK and LG announced plans to invest nearly 40 billion USD in the US. (Source: Business Korea)</em> Specifically, at the Korea-US Business Roundtable held at the headquarters of the US Department of Commerce with the attendance of South Korean President Moon Jae-in on May 21 (local time), Samsung Electronics announced announced that it will invest 17 billion USD to build a new semiconductor chip factory in the US. Two battery manufacturers LG Energy Solution and SK Innovation also decided to proceed with an investment plan of 14 billion USD, including both private investment and joint venture with the US company. Hyundai Motor Company announced an investment of $7.4 billion to expand production and charging infrastructure for electric cars in the US. Meanwhile, semiconductor chip maker SK Hynix will spend $1 billion to set up a large-scale Research and Development (R&#038;D) Center to innovate new growth areas such as artificial intelligence (AI). ), the NAND memory chip solution in Silicon Valley. At the conference, businesses emphasized the importance of the North American market in the key business segments of the future, such as the information and communication technology industry (including semiconductor chips), batteries, and batteries. electric bowl. Korean companies claim to expand the market through cooperation with American businesses that have demand and have advanced technology. Also at this event, the leading US chemical company DuPont announced plans to build a Research and Development Center in Korea, to develop original technologies for semiconductor chip materials. Attending the Korea-US Business Roundtable, the Korean side included Minister of Industry, Trade and Resources Moon Seung-wook and leaders of major corporations SK, Samsung electronics, Hyundai automobiles, LG Energy Solution. , Samsung Biologics, SK Bioscience. The US side includes Commerce Secretary Gina Raimondo, along with leaders of Qualcomm, GM International, Novavax, DuPont, and Ampere Computing. (according to Business Korea)</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">17668</post-id>	</item>
		<item>
		<title>Little is known about the future Challenger 3 main tank project of the British army</title>
		<link>https://en.spress.net/little-is-known-about-the-future-challenger-3-main-tank-project-of-the-british-army-2/</link>
		
		<dc:creator><![CDATA[Theo Minh Tuấn/Quân đội nhân dân]]></dc:creator>
		<pubDate>Sat, 22 May 2021 01:50:12 +0000</pubDate>
				<category><![CDATA[Tech]]></category>
		<category><![CDATA[Army]]></category>
		<category><![CDATA[British]]></category>
		<category><![CDATA[British Army]]></category>
		<category><![CDATA[British Ministry of Defense]]></category>
		<category><![CDATA[Challenger]]></category>
		<category><![CDATA[Challenger 2]]></category>
		<category><![CDATA[Challenger 3]]></category>
		<category><![CDATA[Contractors]]></category>
		<category><![CDATA[Dead]]></category>
		<category><![CDATA[DM11]]></category>
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		<category><![CDATA[LEP]]></category>
		<category><![CDATA[Little known]]></category>
		<category><![CDATA[machine]]></category>
		<category><![CDATA[main]]></category>
		<category><![CDATA[Main force]]></category>
		<category><![CDATA[Modernization]]></category>
		<category><![CDATA[Nato]]></category>
		<category><![CDATA[Of project]]></category>
		<category><![CDATA[Project]]></category>
		<category><![CDATA[Rheinmetall BAE Systems Land]]></category>
		<category><![CDATA[TANK]]></category>
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		<category><![CDATA[World class]]></category>
		<guid isPermaLink="false">https://en.spress.net/little-is-known-about-the-future-challenger-3-main-tank-project-of-the-british-army-2/</guid>

					<description><![CDATA[The British Army is accelerating its main tank modernization program, aiming to create a &#8216;world-class&#8217; Challenger 3 that will become &#8216;NATO&#8217;s deadliest machine&#8217; by 2030. The British Army has just approved plans to upgrade its Challenger 2 main tank force. Rheinmetall BAE Systems Land Joint Venture Rheinmetall BAE Systems Land is the main contractor implementing [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>The British Army is accelerating its main tank modernization program, aiming to create a &#8216;world-class&#8217; Challenger 3 that will become &#8216;NATO&#8217;s deadliest machine&#8217; by 2030.</strong><br />
<span id="more-17202"></span> The British Army has just approved plans to upgrade its Challenger 2 main tank force. Rheinmetall BAE Systems Land Joint Venture Rheinmetall BAE Systems Land is the main contractor implementing the upgrade program and carrying out the necessary work for the important project. this in the last years of this decade.</p>
<p> <strong> Modernization plan</strong> The production of the Challenger 2 main tank began in 1994 and lasted until 2002. The tank was officially commissioned in 1998. Immediately after that, the search for a way to modernize the equipment. of Challenger 2 began to be implemented, but until recently, all the ideas were not developed, for various reasons. However, the basic reason for refusing to modernize the Challenger 2 tank was lack of finance. <img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_21_304_38922496/c3badcd3c7912ecf7780.jpg" width="625" height="468"> <em> RBLS introduces the tank model of the Challenger 2 Life Extension Project project in 2019.</em> At the end of 2015, the British Ministry of Defense launched the Challenger Life Extension Project 2 (LEP), to upgrade its existing tank fleet. The project was originally planned to follow a &#8220;small&#8221; modernization, focusing only on instrumentation. The project was then completed in 2019. However, in 2019, the LEP program was relaunched, with new requirements. Proposals are currently being made for a larger modernization, focusing on weapons systems, power plant complexes, turrets and other structures. In addition, the project also considers modifying the volume and cost of the modernization process. In 2019, the German-British joint venture Rheinmetall BAE Systems Land (RBSL) proposed the Challenger-2 modernization project. In September of the same year, the new experimental tank of the project appeared at an exhibition. Then the necessary tests are carried out, in order to determine the actual characteristics and compare with other competing development projects. As a result, RBSL&#8217;s project was recognized as the most successful and recommended for full-scale implementation. On May 7, 2021, the British Ministry of Defense announced the signing of a contract for the project. Some contents of the proposed modernization program have been reported in detail. Accordingly, the project will upgrade the Challenger-2 main tank into the Challenger 3 version. <strong> Main tank for the future</strong> Between 1994 and 2002, the British Army purchased 386 Challenger-2 tanks and 22 training vehicles. By 2010, the number of equipment in the lineup was reduced to 225 and has remained at that level to this day. According to previous plans, such a main tank force would be maintained until 2035. However, now the plan has been revised, regarding the Challenger 3 project. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_21_304_38922496/bf92a2fbb9b950e709a8.jpg" width="625" height="292"> <em> He started implementing the Challenger 2 Tank Life Extension Project since 2015.</em> In March 2021, a new assessment of defense and security was published, which made a request to reduce the tank fleet. Accordingly, only 148 tanks will be used in the future and will be repaired and modernized. This allows them to remain in service until the 2040s. The remaining 77 vehicles will be retired from service. The new contract between the British Ministry of Defense and RBSL accepts this option and begins implementation. The main work of the Challenger 3 project will be carried out at the RBSL plant in Telford (UK). This project will provide 200 jobs, including 130 vacancies for engineers. Individual units will be provided by other companies, where another 450 jobs will be created. In the coming years, contractors will have to complete the project development and prepare the production line. The first tanks to be upgraded are scheduled to arrive in 2027. The last of 148 main battle tanks will return to service in 2030. The total cost of this modernization project, according to the contract. , would be £800 million (about £5.4 million/tank). The British Ministry of Defense highly appreciates the prospects of the new project. The country&#8217;s military expects the Challenger 3 to become a &#8220;world-class tank&#8221; and &#8220;NATO&#8217;s deadliest machine&#8221;. In addition, new weapons and other modern systems will allow the British Challenger-3 to surpass modern Russian main battle tanks. <strong> Comprehensive upgrade </strong> RBLS&#8217;s Challenger 3 project involves extensive modernization of the existing tank line, with the replacement of most major systems and equipment. As a result, the new tank will enhance mobility, increase protection, firepower and other important stats. In addition, the upgraded tank can function as part of a command combat system, along with a modern control system and easy data exchange. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_21_304_38922496/ac11bd78a63a4f64162b.jpg" width="625" height="292"> <em> The main changes of the Challenger 3 project.</em> During the upgrade process, the tank shell will receive new modular front armor. Its composition and properties are not specified, but the degree of protection is reported to be significantly increased. To replace the old tower, a new hood was developed with reinforced armor and the volume required to install new equipment. In the future, tanks will also receive active defense complexes. Challenger-3&#8217;s weapon system is equipped with a 120mm smoothbore gun Rheinmetall Rh 120 L55A1 manually loaded. Cannons can use a full range of existing and new ammunition for different purposes. In particular, the tank&#8217;s ammunition base will include new high-explosive fragmentation ammunition, with a DM11 programmable fuse. Additional weapons will include a remotely controlled machine gun combat module. RBSL intends to carry out a radical overhaul of the fire control system and other equipment on the tank. The lens system, control computer and other components of the tank will be selected new, without using the standard equipment of the Challenger 2. The fire control system will be combined with the associated vehicles. modern communication, providing the exchange of data on the tactical situation. <strong> Project outlook</strong> The Challenger 2 Life Extension Project (LEP) program has passed its first phase and is entering a new phase. In the coming years, the joint venture Rheinmetall BAE Systems Land and related companies will have to organize new content and kick-start work on a series of equipment modernization. According to the general plan, by 2030, the British army will completely renew its main tank force. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_21_304_38922496/5246422f596db033e97c.jpg" width="625" height="292"> <em> Challenger 3 will be the main tank of the British army in the future.</em> Due to a lack of funding, the British army could not afford to maintain a large tank fleet, and currently has only 225 main tanks. The modernization of all these equipment also becomes impossible and about a third of the tanks will have to be decommissioned due to lack of funds to restore. Besides, the increase in the capabilities of upgraded tanks is not only due to the benefit of new equipment and weapons. It is also based on the objective limitations and shortcomings of existing tanks. Accordingly, the Challenger-2 has not undergone a major upgrade and its characteristics remain at the level of the late 1990s. This fact led to the need to develop an entirely new combat unit. However, from a technical point of view, experts say that Rheinmetall BAE Systems Land&#8217;s Challenger 3 project seems quite successful. The proposed solutions are indeed capable of improving the technical characteristics and increasing the combat capabilities of existing tanks. In addition, all the necessary capabilities of a modern main tank are provided.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">17202</post-id>	</item>
		<item>
		<title>Little is known about the future Challenger 3 main tank project of the British army</title>
		<link>https://en.spress.net/little-is-known-about-the-future-challenger-3-main-tank-project-of-the-british-army/</link>
		
		<dc:creator><![CDATA[MINH TUẤN (Theo Topwar)]]></dc:creator>
		<pubDate>Tue, 18 May 2021 02:59:12 +0000</pubDate>
				<category><![CDATA[Tech]]></category>
		<category><![CDATA[Army]]></category>
		<category><![CDATA[British]]></category>
		<category><![CDATA[British Army]]></category>
		<category><![CDATA[British Ministry of Defense]]></category>
		<category><![CDATA[Cannons]]></category>
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		<category><![CDATA[Challenger 2]]></category>
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					<description><![CDATA[The British Army is accelerating its main tank modernization program, aiming to create a &#8216;world-class&#8217; Challenger 3 that will become &#8216;NATO&#8217;s deadliest machine&#8217; by 2030. The British Army has just approved plans to upgrade its Challenger 2 main tank force. Rheinmetall BAE Systems Land Joint Venture Rheinmetall BAE Systems Land is the main contractor implementing [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>The British Army is accelerating its main tank modernization program, aiming to create a &#8216;world-class&#8217; Challenger 3 that will become &#8216;NATO&#8217;s deadliest machine&#8217; by 2030.</strong><br />
<span id="more-15708"></span> The British Army has just approved plans to upgrade its Challenger 2 main tank force. Rheinmetall BAE Systems Land Joint Venture Rheinmetall BAE Systems Land is the main contractor implementing the upgrade program and carrying out the necessary work for the important project. this in the last years of this decade.</p>
<p> <strong> Modernization plan</strong> The production of the Challenger 2 main tank began in 1994 and lasted until 2002. The tank was officially commissioned in 1998. Immediately after that, the search for a way to modernize the equipment. of Challenger 2 began to be implemented, but until recently, all the ideas were not developed, for various reasons. However, the basic reason for refusing to modernize the Challenger 2 tank was lack of finance. <img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_12_16_38811092/5969061a1858f106a849.jpg" width="625" height="468"> <em> RBLS introduces the tank model of the Challenger 2 Life Extension Project project in 2019. </em> At the end of 2015, the British Ministry of Defense launched the Challenger Life Extension Project 2 (LEP), to upgrade its existing tank fleet. The project was originally planned to follow a &#8220;small&#8221; modernization, focusing only on instrumentation. The project was then completed in 2019. However, in 2019, the LEP program was relaunched, with new requirements. Proposals are currently being made for a larger modernization, focusing on weapons systems, power plant complexes, turrets and other structures. In addition, the project also considers modifying the volume and cost of the modernization process. In 2019, the German-British joint venture Rheinmetall BAE Systems Land (RBSL) proposed the Challenger-2 modernization project. In September of the same year, the new experimental tank of the project appeared at an exhibition. Then the necessary tests are carried out, in order to determine the actual characteristics and compare with other competing development projects. As a result, RBSL&#8217;s project was recognized as the most successful and recommended for full-scale implementation. On May 7, 2021, the British Ministry of Defense announced the signing of a contract for the project. Some contents of the proposed modernization program have been reported in detail. Accordingly, the project will upgrade the Challenger-2 main tank into the Challenger 3 version. <strong> Main tank for the future</strong> Between 1994 and 2002, the British Army purchased 386 Challenger-2 tanks and 22 training vehicles. By 2010, the number of equipment in the lineup was reduced to 225 and has remained at that level to this day. According to previous plans, such a main tank force would be maintained until 2035. However, now the plan has been revised, regarding the Challenger 3 project. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_12_16_38811092/f722ac51b2135b4d0202.jpg" width="625" height="292"> <em> He started implementing the Challenger 2 Tank Life Extension Project since 2015. </em> In March 2021, a new assessment of defense and security was published, which included a request to reduce the tank fleet. Accordingly, only 148 tanks will be used in the future and will be repaired and modernized. This allows them to remain in service until the 2040s. The remaining 77 vehicles will be retired from service. The new contract between the British Ministry of Defense and RBSL accepts this option and begins implementation. The main work of the Challenger 3 project will be carried out at the RBSL plant in Telford (UK). This project will provide 200 jobs, including 130 vacancies for engineers. Individual units will be provided by other companies, where another 450 jobs will be created. In the coming years, contractors will have to complete the project development and prepare the production line. The first tanks to be upgraded are scheduled to arrive in 2027. The last of 148 main battle tanks will return to service in 2030. The total cost of this modernization project, according to the contract. , would be £800 million (about £5.4 million/tank). The British Ministry of Defense highly appreciates the prospects of the new project. The country&#8217;s military expects the Challenger 3 to become a &#8220;world-class tank&#8221; and &#8220;NATO&#8217;s deadliest machine&#8221;. In addition, new weapons and other modern systems will allow the British Challenger-3 to surpass modern Russian main battle tanks. <strong> Comprehensive upgrade </strong> RBLS&#8217;s Challenger 3 project involves extensive modernization of the existing tank line, with the replacement of most major systems and equipment. As a result, the new tank will enhance mobility, increase protection, firepower and other important stats. In addition, the upgraded tank can function as part of a command combat system, along with a modern control system and easy data exchange. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_12_16_38811092/6c9235e12ba3c2fd9bb2.jpg" width="625" height="292"> <em> The main changes of the Challenger 3 project.</em> During the upgrade process, the tank shell will receive new modular front armor. Its composition and properties are not specified, but the degree of protection is reported to be significantly increased. To replace the old tower, a new hood was developed with reinforced armor and the volume required to install new equipment. In the future, tanks will also receive active defense complexes. Challenger-3&#8217;s weapon system is equipped with a 120mm smoothbore gun Rheinmetall Rh 120 L55A1 manually loaded. Cannons can use a full range of existing and new ammunition for different purposes. In particular, the tank&#8217;s ammunition base will include new high-explosive fragmentation ammunition, with a DM11 programmable fuse. Additional weapons will include a remotely controlled machine gun combat module. RBSL intends to carry out a radical overhaul of the fire control system and other equipment on the tank. The lens system, control computer and other components of the tank will be selected new, without using the standard equipment of the Challenger 2. The fire control system will be combined with the associated vehicles. modern communication, providing the exchange of data on the tactical situation. <strong> Project outlook</strong> The Challenger 2 Life Extension Project (LEP) program has passed its first phase and is entering a new phase. In the coming years, the joint venture Rheinmetall BAE Systems Land and related companies will have to organize new content and kick-start work on a series of equipment modernization. According to the general plan, by 2030, the British army will completely renew its main tank force. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_12_16_38811092/11e0479359d1b08fe9c0.jpg" width="625" height="292"> <em> Challenger 3 will be the main tank of the British army in the future.</em> Due to a lack of funding, the British army could not afford to maintain a large tank fleet, and currently has only 225 main tanks. The modernization of all these equipment also becomes impossible and about a third of the tanks will have to be decommissioned due to lack of funds to restore. Besides, the increase in the capabilities of the upgraded tank is not only due to the benefit of new equipment and weapons. It is also based on the objective limitations and shortcomings of existing tanks. Accordingly, the Challenger-2 has not undergone a major upgrade and its characteristics are still at the level of the late 1990s. This fact led to the urgent need to develop a completely new combat unit. However, from a technical point of view, experts say that Rheinmetall BAE Systems Land&#8217;s Challenger 3 project seems quite successful. The proposed solutions are indeed capable of improving the technical characteristics and increasing the combat capabilities of existing tanks. In addition, all the necessary capabilities of a modern main tank are provided.</p>
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		<title>After the creation of joint venture 2021, INTO1 was arranged by the company to stay in the &#8216;alum-coated&#8217; dormitory.</title>
		<link>https://en.spress.net/after-the-creation-of-joint-venture-2021-into1-was-arranged-by-the-company-to-stay-in-the-alum-coated-dormitory/</link>
		
		<dc:creator><![CDATA[editor]]></dc:creator>
		<pubDate>Tue, 11 May 2021 21:25:05 +0000</pubDate>
				<category><![CDATA[Architecture]]></category>
		<category><![CDATA[All right]]></category>
		<category><![CDATA[alumcoated]]></category>
		<category><![CDATA[arranged]]></category>
		<category><![CDATA[Ba Vien]]></category>
		<category><![CDATA[bonus]]></category>
		<category><![CDATA[Chau Kha Vu]]></category>
		<category><![CDATA[Company]]></category>
		<category><![CDATA[Creation]]></category>
		<category><![CDATA[Curtains]]></category>
		<category><![CDATA[Dark]]></category>
		<category><![CDATA[dormitory]]></category>
		<category><![CDATA[Girls]]></category>
		<category><![CDATA[Horror film]]></category>
		<category><![CDATA[INTO1]]></category>
		<category><![CDATA[joint]]></category>
		<category><![CDATA[Lam Mac]]></category>
		<category><![CDATA[Living conditions]]></category>
		<category><![CDATA[Luu Vu]]></category>
		<category><![CDATA[MIKA]]></category>
		<category><![CDATA[NINE]]></category>
		<category><![CDATA[RIKIMARU]]></category>
		<category><![CDATA[Santa]]></category>
		<category><![CDATA[Save Chapter]]></category>
		<category><![CDATA[stay]]></category>
		<category><![CDATA[Truong Gia Nguyen]]></category>
		<category><![CDATA[Venture]]></category>
		<category><![CDATA[Voltage regulation]]></category>
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					<description><![CDATA[In the latest vlog, INTO1 had a lottery to divide the dorm room. The idea that after successfully debuting from the 2021 Joint Creation program, 11 boys will be given a lot of good resources and good living conditions from the company. But no, in the latest vlog, INTO1 had a lottery to divide the [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>In the latest vlog, INTO1 had a lottery to divide the dorm room.</strong><br />
<span id="more-13201"></span> <img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_10_523_38800892/0f984959571bbe45e70a.jpg" width="625" height="289"> </p>
<p> The idea that after successfully debuting from the 2021 Joint Creation program, 11 boys will be given a lot of good resources and good living conditions from the company. But no, in the latest vlog, INTO1 had a lottery to divide the dorm room, and the results were: House A includes 1 double room and 4 single rooms: &#8211; Double room: Luu Vu and Chau Kha Vu &#8211; Single room: Santa, Rikimaru, Nine, AK Luu Chuong • House B includes 5 single rooms: Mika, Lam Mac, Ba Vien, Truong Gia Nguyen, Patrick. The results of this room division made fans quite satisfied. However, after the bedroom scenes were shown, netizens &#8220;passed out&#8221; and became angry. INTO1&#8217;s dorm has two mysterious flavors, two dark and dark parts, two parts for horror when you turn on the flash, two parts for use through the air &#8211; super thick screen TV with curtains, windows, two parts The silk alum of the royal aura is very suitable for horror movies. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_10_523_38800892/b148f489eacb03955ada.jpg" width="625" height="352"> Double room of Luu Vu and Chau Kha Vu: the room is considered to be quite beautiful, has a private bath, separate clothes room <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_10_523_38800892/9fc7df06c144281a7155.jpg" width="625" height="347"> Santa Room: the room is good, but the yellow one is said to be like a wedding chair in Vietnam <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_10_523_38800892/35616ba075e29cbcc5f3.jpg" width="625" height="702"> Rikimaru room: locker like 80-90s <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_10_523_38800892/ca42968388c1619f38d0.jpg" width="625" height="351"> Room Nine: in the basement, as gloomy as in a horror movie <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_10_523_38800892/35276fe671a498fac1b5.jpg" width="625" height="694"> AK Room Luu Chuong: Pretty nice, with curtains more luxurious than other rooms <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_10_523_38800892/ab9bf35aed1804465d09.jpg" width="625" height="352"> Mika room: the most alkaline room of all, the length of the bed is probably quite short compared to Mika&#8217;s 1m76 <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_10_523_38800892/e4eabd2ba3694a371378.jpg" width="625" height="351"> The Mika room also gets a bonus with an ancient television <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_10_523_38800892/cb869d4783056a5b3314.jpg" width="625" height="352"> Patrick&#8217;s room: bold of the boy&#8217;s native Thailand <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_10_523_38800892/785e2f9f31ddd88381cc.jpg" width="625" height="351"> Room Lam Mac: brightest room, but &#8220;get that,&#8221; this room does not have a private bathroom. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_10_523_38800892/1ec74a065444bd1ae455.jpg" width="625" height="337"> Ba Vien Room: In the ancient style, quite suitable for you <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_10_523_38800892/368563447d069458cd17.jpg" width="625" height="351"> Truong Gia Nguyen: Looks pretty good Comparing this year&#8217;s dormitory with the group of seniors from previous years will also see a big difference. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_10_523_38800892/babbe97af7381e664729.jpg" width="625" height="836"> However, there is also information saying that the whole group will manually redecorate the room. Hopefully, after the members redesign the room again, it will make it less alum.</p>
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		<title>Alber Elbaz died at the age of 59</title>
		<link>https://en.spress.net/alber-elbaz-died-at-the-age-of-59/</link>
		
		<dc:creator><![CDATA[Tiểu Võ]]></dc:creator>
		<pubDate>Mon, 10 May 2021 22:58:07 +0000</pubDate>
				<category><![CDATA[Fashion]]></category>
		<category><![CDATA[age]]></category>
		<category><![CDATA[Alber]]></category>
		<category><![CDATA[Alber Elbaz]]></category>
		<category><![CDATA[Bright price]]></category>
		<category><![CDATA[Cherish]]></category>
		<category><![CDATA[collection]]></category>
		<category><![CDATA[Designer]]></category>
		<category><![CDATA[Died]]></category>
		<category><![CDATA[Elbaz]]></category>
		<category><![CDATA[Fashion Designer]]></category>
		<category><![CDATA[Gabriela Hearst]]></category>
		<category><![CDATA[Haute Couture Xuan]]></category>
		<category><![CDATA[Johann Rupert]]></category>
		<category><![CDATA[Lanvin]]></category>
		<category><![CDATA[Marc Jacobs]]></category>
		<category><![CDATA[Maroc]]></category>
		<category><![CDATA[Paris]]></category>
		<category><![CDATA[Passed away]]></category>
		<category><![CDATA[Pierpaolo Piccioli]]></category>
		<category><![CDATA[Summer 2021]]></category>
		<category><![CDATA[Venture]]></category>
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					<description><![CDATA[Fashion designer Alber Elbaz died in Paris (France). The cause of his death has not been disclosed. Page Who What Wear reported that fashion designer Alber Elbaz died on Saturday (April 24) at a hospital in Paris (France). Alber Elbaz died at the age of 59. Photo: Vogue. The information of designer Alber Elbaz&#8217;s death [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>Fashion designer Alber Elbaz died in Paris (France). The cause of his death has not been disclosed.</strong><br />
<span id="more-13000"></span> Page <em> Who What Wear</em> reported that fashion designer Alber Elbaz died on Saturday (April 24) at a hospital in Paris (France).</p>
<p> <img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_25_119_38632418/0e353ed01992f0cca983.jpg" width="625" height="937"> <em> Alber Elbaz died at the age of 59. Photo: Vogue.</em> The information of designer Alber Elbaz&#8217;s death was confirmed by Compagnie Financìere Richemont &#8211; his joint venture partner in AZ Factory. Richemont founder and chairman Johann Rupert said in a statement on April 25: &#8220;I have lost not only a colleague but also a dear friend. Elbaz is one of the brightest and most beloved characters in the fashion industry. He has built a reputation, a talented person with a special vision. Alber Elbaz was born in 1961 in Morocco. He spent 14 years working for the Lanvin brand, from 2001-2015. At the end of October 2015, Elbaz left the position of creative director of the French fashion house. He was interrupted in the fashion industry for the next five years. Earlier this year, Alber Elbaz launched its collection at AZ Factory in the fashion sense <em> Haute Couture Spring &#8211; Summer 2021</em> . This collection marks the return of Elbaz after a 5-year hiatus. The original Moroccan designer introduced the movie &#8220;Show Fashion&#8221; to launch this collection. At the beginning of the film, Alber Elbaz talks about his health condition and the disease he has suffered. Besides, Elbaz also talked about the friends in the fashion industry who reminded him to return such as Marc Jacobs, Pierpaolo Piccioli, Gabriela Hearst. Sai when he was a creative director for 14 years at Lanvin, Alber Elbaz wanted to make a difference. He teamed up with Richemont to launch his latest fashion venture. Through it, Elbaz wishes to create a lasting relationship between designers and consumers. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_25_119_38632418/9a12a4f783b56aeb33a4.jpg" width="625" height="429"> <em> Alber Elbaz contributed to make Lanvin shine on the world fashion map. Photo: Vogue.</em></p>
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		<title>Originally won a well-known venture capital for nine years, but still cannot go public, how did Zhangtongjiayuan move its funds?</title>
		<link>https://en.spress.net/originally-won-a-well-known-venture-capital-for-nine-years-but-still-cannot-go-public-how-did-zhangtongjiayuan-move-its-funds/</link>
		
		<dc:creator><![CDATA[editor]]></dc:creator>
		<pubDate>Sun, 25 Apr 2021 11:28:07 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Capital]]></category>
		<category><![CDATA[funds]]></category>
		<category><![CDATA[Move]]></category>
		<category><![CDATA[Originally]]></category>
		<category><![CDATA[Public]]></category>
		<category><![CDATA[Venture]]></category>
		<category><![CDATA[wellknown]]></category>
		<category><![CDATA[won]]></category>
		<category><![CDATA[Years]]></category>
		<category><![CDATA[Zhangtongjiayuan]]></category>
		<guid isPermaLink="false">https://en.spress.net/originally-won-a-well-known-venture-capital-for-nine-years-but-still-cannot-go-public-how-did-zhangtongjiayuan-move-its-funds/</guid>

					<description><![CDATA[Two years ago, I wrote about the company Zhangtongjiayuan. They are homegrown and cultivated and claim to be the industry leader. Home Education is actually an industry where a complete set of equipment such as cameras and access cards are installed in kindergartens. Parents can pay to watch their children&#8217;s performance in the kindergarten (camera [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>Two years ago, I wrote about the company Zhangtongjiayuan. They are homegrown and cultivated and claim to be the industry leader. Home Education is actually an industry where a complete set of equipment such as cameras and access cards are installed in kindergartens. Parents can pay to watch their children&#8217;s performance in the kindergarten (camera live broadcast).</strong></p>
<p><span id="more-8408"></span> This kind of equipment is sold well in first- and second-tier cities with large floating populations, as well as kindergartens in areas where the parents work. For one or two hundred yuan, you can remotely see children frolicking, eating and playing in the kindergarten. This is actually a typical scene where technological advancement benefits ordinary workers. It is a very good thing.</p>
<p>It is said that the industry is very good, and the room for growth is large enough, but when it comes to the company Zhangtongjiayuan, it is a bit weird.</p>
<p>As early as August 2018, I wrote an article &#8220;Thousands of Parents of Pre-paid Parents of Zhangtong Jiayuan’s &#8220;Forced Demolition&#8221; of Agents&#8221;. In Sichuan, Chongqing and other places, after disputes between Zhangtong Jiayuan and agents, I jumped The agent directly contacted the kindergarten and used &#8220;delete data&#8221; to coerce users to pay in advance. At that time, there were thousands of parents of young children involved.</p>
<p>Later, I heard that Zhangtong Jiayuan sued the agent Xia at the time, claiming that it spread false information and harmed the company&#8217;s reputation. However, I did not find the judgment of the case on the trial documents website, so the two parties should have settled it in private. But how the affected parents resolved it, and I didn&#8217;t find any public information online, I don&#8217;t know.</p>
<p>All disputes are actually explained from the perspective of &#8220;replenishing liquidity&#8221;, which may be better understood.</p>
<p>Recently, Zhangtongjiayuan (Shenzhou Eagle is its company name and Zhangtong is the name of its main product) has been tossing its own agents. Heiqishi has received a copy of the April channel policy of Zhangtongjiayuan. The whole plan has two main points: 1 , All agents need to pay a deposit, according to the difference in market fat and thin, the amount of the deposit ranges from 20,000 to 50,000; 2. Break the market segmentation and set up a &#8220;partner agent&#8221;. The partner agent can develop users all over the country. Restricted by the original agent, the follow-up service is still borne by the original agent.</p>
<p>In response to this policy, the agent&#8217;s original words were &#8220;fried the pot.&#8221;</p>
<p><img fifu-featured="1" decoding="async" src="https://p9.itc.cn/q_70/images01/20210423/f9ad76a888c140ba90df430edf4fa5df.png" max-width="600"></p>
<p>The agent insider interviewed by Hekist said that this should be due to the company&#8217;s financial pressure, and it is trying to draw blood from the agent to supplement its liquidity. Next, Hakist will review this case, which can help readers understand the real business logic.</p>
<p><strong> It&#8217;s been nine years since I got VC investment, the capital story can&#8217;t go</strong></p>
<p>According to the information on its official website, Shenzhou Eagle was established in January 2011 and received angel investment from Zhen Fund and Qualcomm China in December of the following year. In June of the third year, it received a round of financing of 30 million yuan from Hetong Investment, Zhenge and Qualcomm.</p>
<p> Until this time, the company&#8217;s main product &#8220;Zhangtongjiayuan&#8221; was still not online.</p>
<p>Before the product went public, it received a huge amount of financing of more than 30 million yuan from a well-known VC. I have to say that the entrepreneurial story of Shenzhou Eagle has made a good start, but no one knows what the end of the story looks like.</p>
<p>It&#8217;s April 2021. I really want to ask Zhenge and Qualcomm, who voted for his angel round and A round, and can&#8217;t withdraw after nine years of investment. What kind of experience is it?</p>
<p><img decoding="async" src="https://p6.itc.cn/images01/20210423/d2647c7417fd4c2eb7d231d987a14441.png" max-width="600"></p>
<p>In terms of capital operation, Shenzhou Eagle is really a master. Since 2012, it has raised 8 rounds and raised more than 1 billion yuan. The ABCD round, the letters are almost used up by him&#8230;have not been listed yet, so I can&#8217;t start the Sun Hongbin round.</p>
<p>Capital telling stories is nothing more than a few tricks: Before the B round, talk about how big the market space is, how the company has the advantages of technology and talents, and how high the realization efficiency is. After the C round, you have to prepare to go public and expose the financial statements. Generally, companies with flaws in their business models or teams will be planted at this node.</p>
<p>Calculated by one letter in each round, Shenzhou Eagle&#8217;s financing has reached the G round, which is the Dazheng Capital in December 2018, which raised 100 million US dollars. (Of course the official announcement is D round, he actually has C round, C+ round and C++ round, hahaha, capitalist’s alphabet game)</p>
<p>It is worth mentioning that Dazheng Capital is also the largest institutional shareholder of Ruixing Coffee. (Everyone knows Luckin&#8217;s financial fraud, hehe)</p>
<p><strong> Equity crowdfunding, performance gambling, Zhangtongjiayuan&#8217;s cash flow is not abundant</strong></p>
<p>In June 2018, &#8220;China Business News&#8221; published an in-depth article about Zhangtongjiayuan&#8217;s flashing and moving technique in two financings in June 2017 and July 2018. (The link is here: https://www.chinaz.com/news/2018/0611/900484.shtml)</p>
<p>In June 2017, China Eagle finalized a C+ round of financing that was said to be over 100 million yuan. Investors included Shenzhen Cyberspace Huachuang Investment Co., Ltd. According to its equity filing information, Cyberspace Huachuang Investment Zhangtongjiayuan invested in shares in the form of a fund and established Shenzhen Qianhai Saida Investment Partnership (Limited Partnership) (hereinafter referred to as &#8220;Saidah Partnership&#8221;) for this purpose.</p>
<p>The funds for the fund of Seda Partners’ investment in Shenzhou Eagle come from equity crowdfunding, and Chuangfuzhi, as the lead investor, released the Zhangtongjiayuan equity financing project on the Zhongtoubang platform.</p>
<p>It is reported that the equity crowdfunding project actually signed performance gambling and equity repurchase terms with investors. Zhangtongjiayuan promises that if the company does not complete the listing before the end of 2018 (the market value before financing is not less than 1.68 billion yuan, and the financing amount is not less than 100 million yuan, it will be listed on the Shanghai Stock Exchange, Shenzhen Stock Exchange, GEM, NASDAQ Stock Exchange, Hong Kong Stock Exchange or New Third Board listing), its founding shareholders will repurchase equity investments at a compound annual rate of return of 15%.</p>
<p>To put it in human terms: In the June 2017 round of financing, the part of Cyberspace Huachuang has a gambling clause. If the listing is not completed at the end of the year, the founding shareholders of Zhangtongjiayuan need to add 15% interest to repurchase these shares.</p>
<p>Based on this calculation, there should be similar terms for the funds invested by the remaining shareholders, except that this part of the crowdfunding website is open to the public to raise funds.</p>
<p>It is precisely because of the existence of the gambling clause that there is huge pressure on the cash flow of the company, so Zhangtongjiayuan had to take the big money in December 2018 (remember this time, you need to pay back the money in June 2017) Capital’s $100 million Series D financing.</p>
<p><strong> What if profit is hopeless, no one listens to storytelling, and can&#8217;t be marketed?</strong></p>
<p>I have counted all the media reports since the establishment of Shenzhou Eagle, and none of them mentioned his profitability. This is an example for a &#8220;unicorn company&#8221; that has been established for ten years and has obtained well-known venture capital for nine years. Very unusual thing.</p>
<p>Only in the equity crowdfunding in June 2017, Zhangtongjiayuan ever disclosed its profitability. According to the information disclosed by the equity crowdfunding project, from 2014 to 2016, Zhangtongjiayuan lost 10.54 million yuan, 22.71 million yuan, and 48.23 million yuan respectively.</p>
<p>At this point, I manually calculated the amount of financing of Zhangtongjiayuan over the years, and found a very interesting thing: according to the algorithm of &#8220;over 100 million is calculated as 100 million, hundreds of millions is calculated as 300 million&#8221;, his total financing has reached 15.34. 100 million yuan, and only &#8220;over 1 billion&#8221; is written on the website. This is obviously too much bragging in the past few rounds of financing to tell the story.</p>
<p>According to the operating rules of general enterprises, if there is no major change in their profit model, there will be no big difference in their profit. In 2016, Zhangtong Jiayuan has been established for the sixth year, and its market share and competitiveness will not change significantly. Calculated based on the loss of that year of 48.23 million yuan, its cumulative loss will be at least 200 million yuan from 2017 to 2020. More than RMB (actually, as the scale of the enterprise expands, the amount of loss will often increase).</p>
<p>For the US$100 million of Dazheng Capital, after removing the money from the two rounds of financing and gambling in June 2017 and July 2018, there may only be God knows how much money will be left after two years.</p>
<p>With so much financing, it has not been able to go public for a long time.</p>
<p>In December 2018, Zhangtongjiayuan, which received a financing of US$100 million, once stated to the media with confidence that &#8220;within two years, it will be listed overseas.&#8221;</p>
<p>It is April 2021, and this &#8220;two-year agreement&#8221; is obviously not fulfilled.</p>
<p><strong> Continue to want to go public, continue to toss money</strong></p>
<p>Shenzhou Eagle is indeed working hard to promote the listing plan.</p>
<p>In September 2020, the relevant departments of Fujian Province issued a &#8220;List of Key Listed Reserve Companies in Fujian Province in 2020&#8221;, among which Zhangtongjiayuan was listed.</p>
<p>It seems that the so-called &#8220;overseas listing&#8221; is actually a fake shot, and the real purpose is to list in A shares.</p>
<p>However, there are more than 300 companies on this list. The A-share market cannot accommodate so many Fujian companies in a short period of time. Therefore, the listing of Zhangtongjiayuan still needs to wait.</p>
<p>At least it is impossible to go on the market within 6 months to 1 year.</p>
<p>During this time of waiting, continuing to &#8220;make money&#8221; is the biggest event in the palm of the home.</p>
<p>So in April, Zhangtongjiayuan came up with such a channel reorganization plan to &#8220;make money&#8221;:</p>
<p><img decoding="async" src="https://p0.itc.cn/images01/20210423/b9e8b7fbbcdb44e19b7ac55453b87493.png" max-width="600"></p>
<p>Let me translate for you:</p>
<ol>
<li>All agents must pay, a deposit of 50,000 for a new area (county), 20,000 for the original county, and 10,000 for halfway withdrawal. According to the coverage rate stated on its official website, in 2408 counties, a deposit of 120 million will be collected.</p>
</li>
<li>
<p>In addition to local agents, there are also so-called &#8220;promotion partners&#8221;. When a partner signs a contract, he will pay 20,000 yuan, and withdraw 10,000 yuan. This money is in addition to 120 million yuan. It can fool a partner to join. There are 20,000 yuan. (This policy is obviously aimed at certain people with &#8220;backstage&#8221;. If I have a sister-in-law who runs a kindergarten, but I am not an agent, what should I do if I want to make money? If I pay 20,000 yuan to join this partner, I will continue to receive energy from Zhangtongjiayuan takes money)</p>
<p>However, this policy seriously harmed the interests of the principal and agents. At present, most of the principals and agents in this market are locals. They belong to the kind of &#8220;you can&#8217;t run to the temple even if you run away from the monk&#8221;. If there is a problem in the process of using Palm Communication, the first thing that parents face is The principal of the kindergarten, followed by the local agents, are responsible for solving the problem immediately, whether it is a software problem or a hardware problem.</p>
<p>And this &#8220;promotion partner&#8221; directly signed a contract with the headquarters, and the money went to him, but the dean and the agent were left to solve the problem. They belong to the kind of &#8220;monks who can run freely&#8221;. When something goes wrong, the user is looking for a temple that can&#8217;t run away—that is, kindergarten. This invisibly magnifies the risk that the kindergarten takes (for example, when a child has a problem in the kindergarten, is the headquarters or your kindergarten anxious?)</p>
<p>Regarding the risks brought about by this channel policy, all agents understood. Some agents said, “Don’t sign the contract. He’s got a wave of capital in his hand to the homeland. If he doesn’t have any money, he will come to us.”</p>
<p><strong> Agent turbulence cannot affect the interests of users</strong></p>
<p>All in all, it&#8217;s all for profit, all for money.</p>
<p>However, as an important part of the home-education market, agents bear the important responsibility of linking the kindergarten users with the Zhangtongjiayuan company.</p>
<p>Once the agents are in turmoil, there may be an adverse event of June 2018 where agents and Zhangtongjiayuan grabbed users from each other and used &#8220;delete data&#8221; to coerce users to pay.</p>
<p>I hope that this turmoil can also be passed safely, and not &#8220;the gods fight, and the users suffer.&#8221;</p>
<p>References for this article:</p>
</li>
<li>
<p>The financing game of &#8220;Zhangtongjiayuan&#8221; from the beginning: equity crowdfunding, related operation, performance gambling</p>
<p>https://www.chinaz.com/news/2018/0611/900484.shtml</p>
</li>
</ol>
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		<item>
		<title>Toyota Vietnam unleashes the ability to &#8216;save&#8217; Vios</title>
		<link>https://en.spress.net/toyota-vietnam-unleashes-the-ability-to-save-vios/</link>
		
		<dc:creator><![CDATA[Minh Quang]]></dc:creator>
		<pubDate>Sun, 25 Apr 2021 10:23:09 +0000</pubDate>
				<category><![CDATA[Vehicles]]></category>
		<category><![CDATA[ability]]></category>
		<category><![CDATA[AGENCY]]></category>
		<category><![CDATA[assist]]></category>
		<category><![CDATA[Genuine]]></category>
		<category><![CDATA[Insurrance]]></category>
		<category><![CDATA[Launching]]></category>
		<category><![CDATA[lose]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[Monopoly]]></category>
		<category><![CDATA[Refresh]]></category>
		<category><![CDATA[rise]]></category>
		<category><![CDATA[Rule]]></category>
		<category><![CDATA[Sales]]></category>
		<category><![CDATA[save]]></category>
		<category><![CDATA[Selling]]></category>
		<category><![CDATA[The move]]></category>
		<category><![CDATA[Throne]]></category>
		<category><![CDATA[Toyota]]></category>
		<category><![CDATA[Toyota Vietnam]]></category>
		<category><![CDATA[Toyota Vios]]></category>
		<category><![CDATA[unleashes]]></category>
		<category><![CDATA[Venture]]></category>
		<category><![CDATA[Vietnam]]></category>
		<category><![CDATA[Vios]]></category>
		<category><![CDATA[Vios 2021]]></category>
		<guid isPermaLink="false">https://en.spress.net/toyota-vietnam-unleashes-the-ability-to-save-vios/</guid>

					<description><![CDATA[For months of losing the best-selling car title in the market, Toyota Vietnam has moved to bring Vios back to its original position. Toyota Vietnam is trying to bring the Vios back to the position of best-selling car in the market. Dubbed the &#8220;King of Sales&#8221;, Toyota Vios over the years always dominates the best-selling [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>For months of losing the best-selling car title in the market, Toyota Vietnam has moved to bring Vios back to its original position.</strong><br />
<span id="more-8368"></span> <img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_24_314_38621789/284f9e2bb86951370878.jpg" width="625" height="416"> </p>
<p> <em> Toyota Vietnam is trying to bring the Vios back to the position of best-selling car in the market.</em> Dubbed the &#8220;King of Sales&#8221;, Toyota Vios over the years always dominates the best-selling car position in Vietnam every month. The rise of competitors made Vios no longer monopolize the &#8220;Sales Throne&#8221;, causing Toyota Vietnam to share market share with other manufacturers. Efforts to renew and value Vios closer to the value of the Japanese car joint venture earlier this year have not helped the sedan return to its original position. Unable to sit and watch the opponent continuously overpowering, Toyota Vietnam was forced to &#8220;launch new moves&#8221; to increase the competitiveness of Vios in the marketplace. The Japanese auto joint venture applies a sales policy with a Toyota genuine one-year material insurance package, worth 11.3 million VND for Vios buyers and full payment from April 24 to the end May 31, 2021. Vehicle owners, when using Toyota insurance, can repair and replace genuine parts at dealers nationwide. Along with the financial loan package previously deployed, this insurance package is expected to benefit car users, contributing to increasing sales of Vios 2021. The new Toyota Vios version was launched at the end of February 2021 with a retail price of 478 million dong. The first month of joining the market, nearly 2,000 people chose this model. With incentives for genuine Toyota one-year material insurance package, the Japanese auto joint venture is showing determination to bring Vios 2021 back to the leading position in the Vietnamese market.</p>
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		<title>Close-up of Toyota Crown Vellfire from 2.97 billion VND in China</title>
		<link>https://en.spress.net/close-up-of-toyota-crown-vellfire-from-2-97-billion-vnd-in-china/</link>
		
		<dc:creator><![CDATA[Thảo Mai]]></dc:creator>
		<pubDate>Sun, 25 Apr 2021 03:45:09 +0000</pubDate>
				<category><![CDATA[Vehicles]]></category>
		<category><![CDATA[Alphard]]></category>
		<category><![CDATA[billion]]></category>
		<category><![CDATA[Car model]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Close]]></category>
		<category><![CDATA[Closeup]]></category>
		<category><![CDATA[CROWN]]></category>
		<category><![CDATA[Crown Kluger]]></category>
		<category><![CDATA[Exclusive sale]]></category>
		<category><![CDATA[FAW]]></category>
		<category><![CDATA[Hybrid]]></category>
		<category><![CDATA[Lampshade]]></category>
		<category><![CDATA[Logo]]></category>
		<category><![CDATA[Minivan]]></category>
		<category><![CDATA[Monopoly]]></category>
		<category><![CDATA[MPV]]></category>
		<category><![CDATA[REMEMBER]]></category>
		<category><![CDATA[SUV]]></category>
		<category><![CDATA[The ranks]]></category>
		<category><![CDATA[Toyota]]></category>
		<category><![CDATA[Toyota Crown]]></category>
		<category><![CDATA[Toyota Crown Kluger]]></category>
		<category><![CDATA[Vellfire]]></category>
		<category><![CDATA[Venture]]></category>
		<category><![CDATA[VND]]></category>
		<guid isPermaLink="false">https://en.spress.net/close-up-of-toyota-crown-vellfire-from-2-97-billion-vnd-in-china/</guid>

					<description><![CDATA[Toyota Crown Vellfire will join the lineup of exclusive products for the Chinese market through a joint venture with FAW. This is the only MPV model that Toyota brings to the 2021 Shanghai Auto Show. Toyota Crown Kluger is not the only surprise that the Japanese automaker brings to this Shanghai Motor Show, because sharing [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>Toyota Crown Vellfire will join the lineup of exclusive products for the Chinese market through a joint venture with FAW. This is the only MPV model that Toyota brings to the 2021 Shanghai Auto Show.</strong><br />
<span id="more-8167"></span> <img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_24_180_38620693/ddb6c827ee65073b5e74.jpg" width="625" height="416"> </p>
<p> <em> Toyota Crown Kluger is not the only surprise that the Japanese automaker brings to this Shanghai Motor Show, because sharing the stage with it there is also another Crown model, but instead of an SUV, Here&#8217;s a minivan again. Similar to the Crown Kluger SUV, the Crown minivan is also a brand-new &#8220;closed&#8221; model, not a completely new one. It is named the new Toyota Crown Vellfire 2021 and sold through a local joint venture with Toyota&#8217;s FAW.</em> <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_24_180_38620693/d649c6d8e09a09c4508b.jpg" width="625" height="416"> <em> If the MPV Toyota Crown Vellfire makes you feel completely strange, then maybe the Alphard produced by the GAC-Toyota joint venture will remind you of something because they are essentially the same model but with a foreign style. slightly different. According to the manufacturer&#8217;s announcement, Crown Vellfire will be sold exclusively in the Chinese market together with its brother Crown Kluger.</em> <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_24_180_38620693/962189b0aff246ac1fe3.jpg" width="625" height="416"> <em> Strangely, Toyota doesn&#8217;t seem to have made a clear press release about the Crown Vellfire, and its launch at the Shanghai Auto Show this year was noisy either. Through some local sources, we know that the car will have 3 versions, the price of the Toyota Crown Vellfire 2021 ranges from 839,000 to 920,000 yuan (about 2.97 to 3.26 billion).</em> <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_24_180_38620693/4e3e53af75ed9cb3c5fc.jpg" width="625" height="416"> <em> All three versions are equipped with a hybrid powertrain with a 2.5-liter engine that produces a maximum capacity of 163 hp combined with a CVT gearbox. This 3-row minivan is the most expensive Toyota-branded product in the Chinese market and it retains the Toyota logo on the steering wheel while the Crown Kluger has a distinctively distinctive logo.</em> <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_24_180_38620693/abf6b16797257e7b2734.jpg" width="625" height="416"> <em> In terms of appearance, the new model will adopt a different design style from Alphard. The overall shape of the Crown Vellfire looks a bit sportier, the front grille has beautifully decorated chrome strips, and the headlights on the sides adopt a detached design. The front of the car has a &#8220;crown&#8221; logo that matches the Crown brand name and represents the true position of this model, and the lower two sides are two large wind cavities that look extremely pit to create a visual impression for people. look.</em> <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_24_180_38620693/21ec387d1e3ff761ae2e.jpg" width="625" height="416"> <em> The rear of the car is decorated with glass doors with a large surface area, and similar to the top, there are also large shiny chrome strips. The rear lights also use a transparent lampshade design, plus a hidden exhaust layout that makes the overall new car look more prominent. For the interior, the Toyota Crown Vellfire uses a mechanical instrument panel and a 4-spoke multifunction steering wheel. Meanwhile, the touchscreen center looks quite large and is placed flat on the dashboard instead of floating like many other new models in China.</em> <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_24_180_38620693/6fe069714f33a66dff22.jpg" width="625" height="416"> <em> The center console still retains some of the traditional buttons and knobs, but does not lose the luxury look. In terms of technology, this high-end minivan is equipped with a variety of safe driving assistance functions, including a forward collision early warning system with pedestrian detection, support for marine identification. signaling, lane departure warning, automatic long-distance headlight switching, adaptive cruise control, and much more.</em> <em> Video: Details of the new Toyota Crown Vellfire 2021 MPV.</em></p>
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		<post-id xmlns="com-wordpress:feed-additions:1">8167</post-id>	</item>
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		<title>Hot: Interest groups at Bach Mai Hospital and BMS Company &#8216;eat&#8217; a difference of 16 million VND / brain surgery</title>
		<link>https://en.spress.net/hot-interest-groups-at-bach-mai-hospital-and-bms-company-eat-a-difference-of-16-million-vnd-brain-surgery/</link>
		
		<dc:creator><![CDATA[Minh Thủy]]></dc:creator>
		<pubDate>Thu, 22 Apr 2021 23:05:10 +0000</pubDate>
				<category><![CDATA[Vietnam]]></category>
		<category><![CDATA[Bach]]></category>
		<category><![CDATA[Bach Mai Hospital]]></category>
		<category><![CDATA[Bach Mai Robot Rosa type]]></category>
		<category><![CDATA[benefit]]></category>
		<category><![CDATA[BMS]]></category>
		<category><![CDATA[BMS company]]></category>
		<category><![CDATA[brain]]></category>
		<category><![CDATA[Company]]></category>
		<category><![CDATA[Defendant]]></category>
		<category><![CDATA[difference]]></category>
		<category><![CDATA[Eat]]></category>
		<category><![CDATA[F 1]]></category>
		<category><![CDATA[groups]]></category>
		<category><![CDATA[Hospital]]></category>
		<category><![CDATA[hot]]></category>
		<category><![CDATA[Interest]]></category>
		<category><![CDATA[Kingdom]]></category>
		<category><![CDATA[Mai]]></category>
		<category><![CDATA[MAKO]]></category>
		<category><![CDATA[million]]></category>
		<category><![CDATA[Nguyen Ngoc Hien]]></category>
		<category><![CDATA[Nguyen Quoc Anh]]></category>
		<category><![CDATA[Patient]]></category>
		<category><![CDATA[Pham Duc Tuan]]></category>
		<category><![CDATA[Public service execution]]></category>
		<category><![CDATA[robots]]></category>
		<category><![CDATA[ROSA]]></category>
		<category><![CDATA[Skull]]></category>
		<category><![CDATA[Suggest prosecution]]></category>
		<category><![CDATA[Surgery]]></category>
		<category><![CDATA[Taking advantage of position]]></category>
		<category><![CDATA[Venture]]></category>
		<category><![CDATA[VND]]></category>
		<guid isPermaLink="false">https://en.spress.net/hot-interest-groups-at-bach-mai-hospital-and-bms-company-eat-a-difference-of-16-million-vnd-brain-surgery/</guid>

					<description><![CDATA[In order to enjoy the difference in brain surgery for patients, the former director of Bach Mai Hospital and BMS Company collected more than 23 million VND / surgery, &#8216;eating&#8217; the difference of 16.5 million VND. The director, former deputy director, chief accountant of Bach Mai Hospital was arrested for overriding medical equipment prices and [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>In order to enjoy the difference in brain surgery for patients, the former director of Bach Mai Hospital and BMS Company collected more than 23 million VND / surgery, &#8216;eating&#8217; the difference of 16.5 million VND.</strong><br />
<span id="more-6121"></span> <img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_22_309_38607428/d4d3e9d4cc9625c87c87.jpg" width="625" height="342"> </p>
<p> <em> The director, former deputy director, chief accountant of Bach Mai Hospital was arrested for overriding medical equipment prices and appropriating money from patients (Photo: Ministry of Public Security) </em> This is the main content in the evaluation conclusion of the Rosa Robot surgery at Bach Mai Hospital, conducted by the Investigation Police Agency, the Ministry of Public Security. <strong> Collusion to &#8220;blow prices&#8221; on the pain of the patient </strong> The conclusion of the investigation of the criminal case, the request for prosecution of the Investigation Police Agency clearly indicated: Mr. Pham Duc Tuan &#8211; Chairman and Director of BMS Company &#8211; met with Mr. Nguyen Quoc Anh to offer to Bach Mai type robot Rosa costs 39 billion VND and Mako robot costs 44 billion VND in the form of joint ventures and associates. After that, Mr. Nguyen Quoc Anh decided to approve the joint venture to connect the device with BMS Company without going through the Party Committee, Board of Directors and Union of Bach Mai Hospital. Rosa robot imported by BMS Company from France to Noi Bai airport is 100% new and the original price is more than 7.4 billion dong, but it was agreed by Mr. Nguyen Quoc Anh and Mr. Nguyen Duc Tuan to bring to Bach Mai Hospital. at the price of 39 billion dong. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_22_309_38607428/4cdb77dc529ebbc0e28f.jpg" width="625" height="543"> Rosa robot is used in cranial surgery (Photo &#8211; medgadget) The investigation concludes that Nguyen Quoc Anh has created conditions for BMS to join the joint venture and install the machine at the wrong cost to collect money from the patient. / 2020, Bach Mai Hospital used this robot to perform cranial surgery for 639 cases, earning more than 22.9 billion VND. Bach Mai Hospital has paid the cost to BMS Company related to 551 surgical cases in the hospital. In particular, according to the assessment conclusion, the pre-surgery robot Rosa is more than 6.6 million VND / case but Bach Mai Hospital and BMS Company collect more than 23 million VND / case; enjoy the difference more than 16.5 million VND / shift. Up to now, Bach Mai hospital has just contacted, paid the difference above for 86 patients. Currently, the accused Pham Duc Tuan has paid 10 billion VND to pay the difference of 16.5 million VND for 551 cases of wrong collection. The police investigation confirmed: The behavior of the former Director of Bach Mai Hospital, BMS Company and other related subjects had an agreement, collusion, receiving each other&#8217;s will, taking advantage of the policy. mechanisms for socialization, joint ventures, and association in the health sector to act against the law, raise prices for medical treatment without a legal basis, cause property damage to patients and bring benefits to BMS Company and the same interest group in Bach Mai Hospital. Therefore, the Investigation Police Department has concluded, suggesting the Procuracy prosecute Mr. Nguyen Quoc Anh &#8211; former Director of Bach Mai Hospital &#8211; and 7 accomplices for the crime of &#8220;Abusing positions and powers in on duty ”under Clause 3, Article 356 of the Penal Code, occurred at Bach Mai Hospital. <strong> Is there a &#8220;gap&#8221; in medical socialization? </strong> The socialization of public services in general and in the health sector in particular is a right policy of the Party and State, contributing to mobilizing all social resources in the context of a tight budget. , to increase investment in facilities and equipment in order to improve the capacity and quality of medical examination and treatment services, to meet the diverse needs and increasing demands of all classes of people, as well as asking indispensable in approaching the world medical achievements of the medical team, doctors. Since 2007, Bach Mai Hospital has implemented many projects on socializing joint ventures, linking the installation of high-tech medical equipment, new techniques, helping patients in the country to be diagnosed. treat many complicated diseases at a lower cost than the overseas medical examination and treatment cost. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_22_309_38607428/9693b39496d67f8826c7.jpg" width="625" height="350"> Bach Mai Hospital (Photo &#8211; BVCC) The process of implementing a number of joint venture and medical equipment installation projects at Bach Mai Hospital has revealed the limitations, violations, and even committing crimes &#8220;Abusing positions and powers in on duty ”in implementing joint venture project, associated with BMS Company. Because Bach Mai Hospital is a special-class public health facility, the pressure of innovation and the expectation of patients of the family is great, so Mr. Nguyen Quoc Anh has directed the establishment of specialized surgical faculties to develop comprehensive development (Bach Mai Hospital was originally considered to have the advantage of internal medicine), attracting patients, increasing the income of the hospital and the income of the medical team. Therefore, Mr. Quoc Anh strongly agreed with BMS Company to install surgical assistive robots at Bach Mai Hospital, and at the same time, directed and requested Nguyen Ngoc Hien and the Accounting Department to implement the procedures for signing and putting the device into operation on February 27, 2017 (Vietnam Physician Day), bypassing the procedures and procedures in accordance with regulations. On the other hand, the fact that Mr. Pham Duc Tuan and the staff of BMS Company in the process of meeting with the leaders at Bach Mai Hospital with &#8220;external&#8221; money envelopes contributed to promoting the behavior of the defendants. From the above reasons, the Investigation Police Agency has pointed out that the main responsibility for the above-mentioned violation in the whole case belongs to Mr. Nguyen Quoc Anh &#8211; former Director of Bach Mai Hospital &#8211; the person with the highest authority. , decide policy, agree on equipment price with BMS, sign joint venture and association procedures. The case of the interest group at Bach Mai Hospital &#8211; headed by Mr. Nguyen Quoc Anh and BMS Company &#8220;blowing the price&#8221; of medical equipment to &#8220;eat&#8221; on the back of a serious patient has made public opinion frustrated. This incident is a warning bell on the risk of &#8220;gaps&#8221; in the socialization of the health sector not only at Bach Mai Hospital but also in other hospitals, in need of authorities. function to investigate, clarify and protect people from dangerous tricks of people holding high positions and positions, holding great power.</p>
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		<title>Apple Car may be produced by a joint venture of LG and Magna</title>
		<link>https://en.spress.net/apple-car-may-be-produced-by-a-joint-venture-of-lg-and-magna/</link>
		
		<dc:creator><![CDATA[Hoàng Phạm]]></dc:creator>
		<pubDate>Thu, 15 Apr 2021 21:45:07 +0000</pubDate>
				<category><![CDATA[Tech]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Apple Car]]></category>
		<category><![CDATA[B2B]]></category>
		<category><![CDATA[car]]></category>
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		<guid isPermaLink="false">https://en.spress.net/apple-car-may-be-produced-by-a-joint-venture-of-lg-and-magna/</guid>

					<description><![CDATA[Apple&#8217;s search for an electric car maker might come to an end with the option of a joint venture between LG and Magna. According to the Korea TimesLG Electronics and auto maker Magna International will form a joint venture to produce electric cars for Apple. The newly formed company may be called LG Magna e-Powertrain [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>Apple&#8217;s search for an electric car maker might come to an end with the option of a joint venture between LG and Magna.</strong><br />
<span id="more-1918"></span> According to the <em>Korea Times</em>LG Electronics and auto maker Magna International will form a joint venture to produce electric cars for Apple.</p>
<p>The newly formed company may be called LG Magna e-Powertrain with a capital investment of $ 1 billion with the main manufacturing areas of electric vehicle engines, frequency converters and chargers. LG will hold a 51% stake and the Canadian auto company will own 49%.</p>
<p>The formal agreement can be signed this July after being reviewed and approved by LG&#8217;s shareholders.</p>
<p>Previously, LG announced its withdrawal from the phone business to focus on other areas such as electric vehicle components, connected devices, smart home, robotics, artificial intelligence, B2B solutions for businesses, and several other platforms and services.</p>
<p><img decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_14_119_38525718/08dd7f055547bc19e556.jpg" width="625" height="416"></p>
<p><em> LG and Magna could work together to make electric cars for Apple. Photo: Korea Times. </em></p>
<p>Source of <em>Korea Times</em> commented that LG currently does not have too much experience in the field of cars or electric vehicles. The selection of the Apple Car electric vehicle project is for the Korean giant to demonstrate its transformation efforts.</p>
<p>The deep relationship between Apple and LG is said to be an important factor in bringing these two corporations to a cooperation agreement in the automotive sector. Apple is currently a partner of many LG subsidiaries such as LG Display, LG Chem, LG Energy Solution and LG Innotek.</p>
<p>In addition, LG has played a role in supplying engines, battery packs and components for electric vehicles of General Motors and Tesla. Magna has many years of experience in providing technology solutions for many car manufacturers.</p>
<p>Representatives from LG currently declined to comment on the information <em>Korea Times</em>.</p>
<p>Since the beginning of 2021, Apple is said to have been looking for partners to research and manufacture self-propelled electric cars. Initially, Hyundai and Kia were the first two names to sit at the negotiating table with Apple and were unsuccessful. Then, it was reported that Apple had contacted six Japanese carmakers, but the results were not better.</p>
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