I saw a picture like this on the net today, which is the sum of $Activision Blizzard (ATVI.US)$ Unidentified?
This is due to the fact that a few days ago, Huawei founder Righteous Gee said in “The entire company's operating policy is to shift from the pursuit of profit to the pursuit of profit and cash flow”:Making life the most important principle, shrinking and shutting down the edge of the business, delivering the chill to everyone.
In the current post-epidemic era, the official speech of a heavyweight entrepreneur in the country, uttering the words “live on” is naturally very striking. I remember a few years ago. $CHINA VANKE (02202.HK)$Also at one meeting, VanCo was ridiculed for it when the real estate industry was expanding crazily, but now, looking back on it, VanCo was really at the forefront of the industry.
The most important core views in the Chief's speech are:
1. The next decade should be a very painful historical period and the global economy will continue to decline. Now, due to the effects of the war and the continued US blockade of repression, the world's economy is unlikely to improve in the next 3 to 5 years.
2. Shrink and close edge businesses all the way so you can't mess around at non-strategic points of opportunity.
3. NINGKO'S SALES REVENUE SLIPPED A BIT, BUT PROFITS AND CASH FLOW ARE BOUND TO GROW.
From the main point of view of NPO, it is that the external environment is bad and companies need to pay attention to...