Core Viewpoint - The ongoing rivalry between Dong Mingzhu and Xiaomi is highlighted, with Dong criticizing Xiaomi's business practices without naming the company directly [1][3][5]. Group 1: Criticism of Xiaomi - Dong Mingzhu emphasizes that some companies may deceive consumers temporarily, implying that Xiaomi's approach is unsustainable [1]. - She asserts that Gree's products are not outsourced, contrasting with companies that rely on OEM production, which may compromise quality [1]. - Dong has consistently targeted Xiaomi over the years, indicating that this rivalry has become a routine part of her public persona [5]. Group 2: Xiaomi's Market Position - Despite Dong's criticisms, Xiaomi has shown resilience, with its revenue surpassing Gree's in the year following their bet, which has affected Dong's public image [9]. - Xiaomi's comprehensive product line, particularly in air conditioning, has encroached on Gree's market share, leading to increased competition [9]. - The success of Xiaomi in diversifying its business contrasts with Gree's struggles in similar ventures, further fueling Dong's criticisms [9].

Group 1: Xiaomi's New Chip Launch - Xiaomi's President Lu Weibing announced that besides the previously revealed "Xuanjie O1" chip, additional models from the Xuanjie series will be launched at the strategic product launch event on May 22 [2] - The event is expected to cover a diverse range of products, including Xiaomi's new mobile SoC chips, new smartphones, tablets, and even the first SUV and YU7 [2] Group 2: Gree's Live Streaming Event - Gree Electric has confirmed that its Chairman Dong Mingzhu will conduct a joint live stream with her former secretary Meng Yutong on Douyin on May 23 [3] - The live stream may involve the sale of Gree products and could feature additional hosts [3] Group 3: Global New Energy Vehicle Sales - According to TrendForce, global sales of new energy vehicles, including pure electric, plug-in hybrid, and hydrogen fuel cell vehicles, reached 4.02 million units in Q1 2025, marking a 39% year-on-year increase [4] - New energy vehicles accounted for 18.4% of the global automotive market, indicating a sustained demand for environmentally friendly vehicles [4] Group 4: Baidu's Q1 Financial Performance - Baidu reported Q1 2025 revenue of 32.452 billion RMB, a 3% year-on-year increase [5] - The adjusted operating profit was 5.33 billion RMB, exceeding expectations, while the adjusted EBITDA margin for core business was 26% [5] - Although the non-GAAP net profit decreased by 8%, R&D expenses fell by 15% due to reduced personnel-related costs [5] Group 5: iQIYI's Revenue Decline - iQIYI's Q1 2025 revenue was 7.19 billion RMB, reflecting a 9% year-on-year decline but a 9% increase compared to the previous quarter [6] - Membership service revenue was 4.4 billion RMB, while advertising and other revenues were 1.33 billion RMB and 831 million RMB, respectively [6][7] Group 6: XPeng Motors' Revenue Surge - XPeng Motors reported Q1 2025 revenue of 15.81 billion RMB, a significant 141.5% increase year-on-year, with a net loss of 660 million RMB [8] - The company anticipates Q2 revenue to be between 17.5 billion and 18.7 billion RMB, with delivery estimates ranging from 102,000 to 108,000 units, representing a year-on-year growth of 237.7% to 257.5% [8]

Macro Dynamics - China and ASEAN have completed negotiations for the China-ASEAN Free Trade Area 3.0, which began in November 2022 and involved nine rounds of formal talks, aiming for substantial completion by October 2024. This agreement is seen as a significant step towards maintaining free trade and open cooperation amid global economic challenges [1] Market Data - From May 1 to May 18, the national retail sales of passenger cars in China reached 932,000 units, a year-on-year increase of 12%. Cumulative retail sales for the year reached 7.804 million units, up 8% year-on-year [4] - The retail sales of new energy vehicles during the same period were 484,000 units, marking a 32% increase year-on-year, with a penetration rate of 52% [4] - The wholesale of passenger cars during this period was 858,000 units, a year-on-year increase of 18% [5] Company Dynamics - Xpeng Motors reported a first-quarter revenue of 15.81 billion yuan, a year-on-year increase of 141.5%, with a net loss of 660 million yuan. The company expects second-quarter revenue between 17.5 billion and 18.7 billion yuan [15] - Baidu's first-quarter revenue was 32.452 billion yuan, a 3% increase year-on-year, with an adjusted EBITDA of 7.2 billion yuan [16] - Gree Electric confirmed that its chairman, Dong Mingzhu, will co-host a live stream with her former secretary, Meng Yutong, potentially to promote Gree products [14]

红星资本局5月20日消息，昨日，格力方面向红星资本局确认， 本周五（5月23日），格力 董事长董明珠将和她的前秘书孟羽童合体直播。这场直播预计在抖音平台，可能会带货格力 产品，还可能有助播。 对于为什么董明珠和孟羽童会再合体直播，格力方面未回应。 5月20日， 孟羽童在其社交账户表示"时隔两年，收到来自前老板的微信" ，图片显示对话对 方为"董总"，称"我带你去吃饭"。在评论区，格力电器账号留言：欢迎回家吃饭。 另据南方都市报， 就董明珠与此前被外界认为"董明珠接班人"的孟羽童"约饭传闻"，格力电 器回应记者， 本周五（5月23日）董明珠将与孟羽童见面吃饭 。 随后，格力电器在社交平台宣布，"这个周五欢迎回家吃饭，猜猜董总要跟谁吃饭？"配图包 含董明珠和另一个人的剪影。 对此，孟羽童回应九派新闻记者：自己正在备考中，不太方便出来回应一些事情。 图源：蓝鲸新闻 从格力离职后，孟羽童转战自媒体，自我定位从"前500强董事长秘书"转为"事业养成系大女 主"。 孟羽童，1998年出生，毕业于浙江大学西班牙语专业本科。2021年4月，孟羽童参与真实职 场的关怀类节目《初入职场的我们》，并在节目结束后获得转正名额，于当年 ...

Group 1 - Gree Electric confirmed that Chairman Dong Mingzhu will co-host a live stream with her former secretary Meng Yutong on May 23, which is expected to take place on Douyin and may involve product sales [1] - Meng Yutong shared on social media that she received a message from Dong Mingzhu after two years, indicating a potential reunion [1] - Gree Electric's social media account hinted at the live stream, inviting followers to guess who Dong Mingzhu will dine with [1] Group 2 - Elon Musk stated his commitment to remain as CEO of Tesla for the next five years unless he passes away [2] - Reports indicated that Tesla's board is considering finding a successor for Musk due to stock price declines and investor dissatisfaction, although the board later denied these claims [4] Group 3 - Contemporary Amperex Technology Co., Ltd. (CATL) officially listed on the Hong Kong Stock Exchange on May 20, marking the largest IPO globally this year [5] - CATL's IPO involved a total issuance of 135 million shares, with a fundraising scale of approximately 35.5 billion HKD, and the share price was set at 263 HKD, reaching the upper limit of the pricing range [7] Group 4 - On May 20, U.S. stock indices collectively fell, with the S&P 500 ending a six-day winning streak amid ongoing concerns over earnings reports and international trade [8] - International gold prices surged, with COMEX gold futures rising by 1.83% to $3,292.6 per ounce, while silver futures increased by 2.32% to $33.26 per ounce [8] Group 5 - Nestlé China responded to a report regarding the "Paris Water" scandal, emphasizing that all its bottled water products are safe for consumption and comply with Chinese regulations [10] - The French Senate's investigation report accused Nestlé of consumer fraud and highlighted regulatory failures in monitoring the bottled water industry [12]

Group 1 - Gree Electric confirmed that Chairman Dong Mingzhu will co-host a live stream with her former secretary Meng Yutong on May 23, which is expected to promote Gree products on Douyin [2] - Meng Yutong shared on social media that she received a message from Dong Mingzhu after two years, indicating a potential reconciliation and collaboration [2] - Gree Electric's social media teased the upcoming event, inviting followers to guess who Dong Mingzhu will dine with, hinting at a significant public engagement [2] Group 2 - Elon Musk reaffirmed his commitment to remain as CEO of Tesla for the next five years unless he passes away, despite speculation about his potential succession [4] - Reports indicated that Tesla's board was considering finding a successor for Musk due to stock price declines and investor dissatisfaction, but the board denied these claims [6] Group 3 - Contemporary Amperex Technology Co., Ltd. (CATL) successfully listed on the Hong Kong Stock Exchange on May 20, marking the largest IPO globally this year [8] - CATL's shares closed at 306.2 HKD, reflecting a 16.43% increase, with a total fundraising amount of approximately 35.5 billion HKD [10] Group 4 - On May 20, U.S. stock indices collectively declined, with the S&P 500 ending a six-day winning streak amid ongoing concerns regarding corporate earnings and international trade [12] - Gold prices surged, with COMEX gold futures rising by 1.83% to 3292.6 USD per ounce, and spot gold briefly surpassing 3300 USD [12] Group 5 - Nestlé China responded to a scandal involving its "Perrier" bottled water, emphasizing its commitment to food safety and compliance with local regulations [16] - A French Senate report accused Nestlé of consumer fraud related to "Perrier" and criticized regulatory oversight, which Nestlé China refuted by asserting the safety of its products [18]

Group 1 - Gree Electric's chairman, Dong Mingzhu, will have a live stream with her former secretary, Meng Yutong, on May 23, which may involve promoting Gree products [1] - Meng Yutong, born in 1998 and a graduate of Zhejiang University, joined Gree as Dong Mingzhu's secretary in September 2021 but left the company in May 2023 [4] - Dong Mingzhu previously expressed her intention to cultivate Meng Yutong as her successor, but Meng's performance did not meet expectations, leading to her departure [4][5] Group 2 - After leaving Gree, Meng Yutong transitioned to self-media, rebranding herself as a "career development heroine" and is preparing to launch a new company focused on film culture and advertising [7] - In February 2025, Dong Mingzhu indicated that she has identified several potential successors for Gree [9] - On April 22, 2023, Gree's shareholders approved a board re-election, allowing Dong Mingzhu to continue her leadership role for another three years [9]