Yuan Yuming, the best analyst for new wealth for five consecutive years, switched from Industrial Securities to the fire coins network, but it rippled in the research circles of the brokerage industry. In his separation speech, he wrote: 'The most successful people in the securities industry in China Who may have thought of anyone might think of Wang Yawei, some people think of Gao Shanwen, but I think the most successful person should be Liu Chi-ping in the process of doing Tencent project, found the great potential of this company, resolutely gave up the Goldman Sachs Ten thousand-year salary, joined the market was also challenged by Tencent, eventually become the number two Tencent.
After the holiday brokerage industry, but also as usual, gradually usher in the peak period.
Recently, a seemingly ordinary seller researcher quit the job, a little surprise, but in the brokerage industry circles exploded layers of ripples!
In the spring of 2018, Yuan Yuming, assistant to director of the former Industrial Securities Research Institute and principal analyst of the computer industry, bid farewell to the past nine years as a researcher and seller. He joined the not-known fire coins network and served as director of the block chain research institute Subsequently, Volcano Jun from the relevant channels on the news to be confirmed, Yuan Yuming I have released this news through the instant messaging platform.
For the best analyst for the new wealth who has been on the list for five years in a row, Yuan Yuming is a recognized member of the "Golden Collars." He gave up his current status and chose to go to the current hot blockchain, and what happened behind it consider?
In his speech about his departure, Volcano Jun (WeChat: huoshan5188) saw what he described as the "researcher's high-paying trap" and his pursuit of self-fulfillment and happiness.
Give up 'Jinling' diverted blockchain
According to the volcano king, on the afternoon of March 3, Yuan Yuming released his latest career change message on his' Circle of Friends' when he was a researcher through WeChat. 'I have left the stock exchange of Industrial Securities and bid farewell to nearly 9 years of securities career , Joined the fire coins, as the block chain research institute.
According to public information, Yuan Yuming has worked in Guotai Junan, Industrial Securities as the computer industry analyst, before leaving the former Industrial Securities Institute assistant director, TMT Research Center, chief analyst in the computer Internet industry.Yun Yuming published research report Of the time, in March 2015, Yuan Yuming from Guotai Junan to Societe Generale Securities researcher, from 2009 until March 2015, it has been in Guotai Junan computer industry researcher work.
Yuan Yuming has been the new best analyst for wealth for five consecutive years from 2013 to 2017. From 2013 to 2016, his team won the fourth, third, third and the forth of New Fortune Best Analyst's computer industry In the recent New Fortune Best Analyst Award 2017, he led the Industrial Securities team once again ranked second in the computer industry.
As we all know, the annual selection of new wealth is the seller of the most valued selection of researchers, the list or not, the rankings directly related to the researcher's income, which is already in the industry is an open secret .According to volcano Jun multi-party understanding, even with new wealth The best way to look around, the level of compensation between brokers is still a great difference, but such a level as Yuan Yuming analysts should be profitable, can be described as a true 'gold collar' class.
Circle accidental bombing For the Yuanyu Ming job-hopping, Volcano Jun (WeChat: huoshan5188) and many brokers to exchange, many brokers said they were surprised.
In recent years, some well-known analysts in the market have occasionally heard news about the change of courtroom. However, it is usually the case that there is a flow of inter-bank brokerage research institutes or a buyer's industry such as raised funds. However, this thoroughgoing reorganization is rare , Not to mention he joined the fire currency network is not well known.
So what is the fire money network is a company? For investors who have not traded bitcoin may be very strange to the fire currency network. 'No speculation, should not have heard of.' There are computer industry researcher that Yuanyu Ming The job-hopping upgrade to a certain extent, fire currency network in the market visibility.
Volcano King landed on the official website of the fire coins network, the most obvious feature of the site is highlighted in all kinds of digital currency trading functions such as Bitcoin.A few profiles on the official website shows that fire coins network started in 2013, there are many investment institutions Sequoia Capital, the real fund and other influential PE / VC institutions; currently has nearly 200 employees, mainly playing the role of digital currency trading platform such as Bitcoin.
One person close to Yuan Yuming said to Volcano Junjin that its business model is similar to that of a digital currency exchange and that the profit model is a transaction commission. According to him, in the emerging industry of digital currency exchange, Monetary Security Network is the two more authoritative companies in China, but a while ago, the currency banned transactions in mainland China.
There are a number of industry analysts telling Volcano King that at present, the profitability of Yuncoin Network is good. "Of all kinds of blockchain companies at this stage, they are also making money on digital currency exchanges." It is understood that The business model provides a platform for matching transactions and does not directly participate in speculation, which is a departure from other digital currency transactions that are currently being regulated.
Researcher's 'High-Salary Trap' As for why the blockchain was chosen, in Yuan Yuming's WeChat account, there was an after-service speech written by him. "Youth is but only these days: looking for five seasons, choosing and Leapfrogging "can be seen as the real reason for making such a choice.
In this essay, Yuan Yuming portrayed friends around him on his' give up the best treatment of the best analyst for new wealth 'switch to the fire currency network puzzled, and his determination to change this' I made a bigger bet, The biggest bet I can make: a career in the next ten years. "In analogy to the experience of Tencent's Liu Chi-ping, he implicitly said he might have discovered 'potential shares.'
In the said resignation, he wrote, 'Who is the most successful person in China's securities industry? Someone may think of Wang Yawei and some people think of Gao Shanwen, but I think the most successful person should be Liu Chih-ping. , Found the great potential of this company, resolutely gave up tens of millions of annual salary of Goldman Sachs, joined the market was also questioned by Tencent, and eventually become the number two Tencent .Although I guess I live a few more life is not enough on Liu Chi-ping One thousandth, but predecessors career choice is worth learning: keep sharp, find potential shares, to join them.
At the same time, he also said frankly: 'There is no technological breakthrough in the blockchain and it is not a technological revolution at all, so it is not a type of steam engine, electricity, computer, and future artificial intelligence and quantum computing. Those are technological revolutions , Is a great improvement in productivity, and blockchain is similar to the corporate / joint-stock system, the Internet These breakthroughs in technology are not great or even not, but transformed the relationship of production, or in a broader sense, transformed the commercial business Mode and institutional mode of operation. "Currently, the industry is not yet mature enough, but in the future, the blockchain will bring about the subversion of the business world organization model." He predicts that the evolution of the blockchain will not be a simple repetition of the Internet , But will speed rhythm much faster.
However, the passage of the article in the inner monologue reads people feel that the former seller analyst with a touch of helpless strokes: 'But I, but to say goodbye to Lujiazui, A clean sweep of society, with thousands of monthly births and thousands of farmhouses dressed as monthly incomes and two distinct worlds of financial circles.
For the work of the "golden collar" like the new wealth researcher, Yuan Yuming seems to be a "high-paying trap", and the so-called "high salary" is actually a "hard-earned money." His choice of " A sense of well-being and a measure of happiness. "According to multi-party volcano interview found that Yuan Yuming previously served as assistant director of the Institute generally do not have much practical management tasks, more is to assume the work of front-line researchers.
'Yuming has been a seller for a long time.' In an interview, a former researcher in the computer industry who had restructured his business made some mistakes to the Volcano. 'Sellers are under more pressure to work normally, and often Need to fight physical strength now every year many young people to join the industry, on physical strength, the advantages of these newcomers must be greater, so it is not difficult to understand that some senior researchers at a certain stage of their careers choose to find another job. '
Not the first Since last year, whether the United States stocks or A shares, the theme of the blockchain have set off an over-boom in the stock market, and as the most sensitive to the investment direction of the seller's analyst group, the blockchain research is also a relevant industry researcher Do homework.
According to volcano Jun (WeChat: huoshan5188) combing, Yuan Yuming released a series of research reports on the theme of the blockchain during the seller's analyst.As early as early 2016, the team led by he had released a depth report "block Chain and digital currency, principles, features and ideas, "was one of the first seller research teams to release in-depth reports on the blockchain industry, which was not yet a topic of investment that attracted a large amount of follow-up.
Public information further shows that during 2016-2017, Yuan Yuming's team also successively released "Join the R3 Peacefully, China Officially Embarks on the International Stage of the Blockchain," "Establishes the Financial Blockchain Cooperation Alliance, Pen blockchain trade settlement completed to boost business confidence should be landed, "" depth report of the blockchain industry: the first exploration ICO and hot behind "and several other research reports.In addition, in 2016, the team also held several times to District Block chain as the theme of the salon and industry research.Thus, theYuan YumingThe choice to join the fire currency network is on the blockchain in depth understanding.
At the same time, volcano king also learned that there are other sellers recently also choose to switch blockchain companies, for example, a large brokerage communications industry research team researcher left his post last year to a blockchain company, the team last year In December, there were many articles published on the blockchain.
The reporter learned from an insider, the researcher currently in a block company called NEO inauguration, from the existing public information, the company's main business form for the blockchain community developers, also owns An industrial fund investing in projects related to the blockchain, which is currently not a work as a blockchain researcher but a partner of the fund, which, according to Volcano King, is found to be higher in the researcher group than the fireball network Cognition level, researchers are still less familiar with NEO.
However, for now, the departure of blockchain companies in the sellers of researchers, especially the new wealth researcher is not uncommon, however, a chief of TMT industry brokerage said to Volcano, such a situation may be the more coming The more, 'the blockchain industry has good prospects and strong liquidity, making it attractive for sellers of researchers.'
Every time by reporter Wang Hai 吴 edited by Wu forever
2. Blockchain: How many misunderstandings, how big the bubble is;
Bitcoin, Litecoin, etheric money ... Digital currency, which has been extremely hot since last year, has a common technology at the bottom: the blockchain. Many people think that the blockchain is not important, and what matters is its subversive value By the way, speculation prevails, how blockchain really takes off and is put aside.
What is the blockchain? What value?
As early as a few years ago, Schwab, the founder of the Davos Forum, believed that blockchain technology was one of the representative achievements of the Fourth Industrial Revolution. 'This is a disruptive technology. Both the geeks and the banking industry Excited about that.
Blockchain technology is a collection of multiple technologies underlying the Internet, including technologies such as P2P communication protocol, distributed storage database technology, encryption algorithm and consensus algorithm. Through the integration of these technologies, a time series and block records Data model. All data in all nodes backup database structure, to achieve decentralized, point-to-point transmission, transparent, traceable, can not be tampered with, data security and credit self-established function. With these advantages, more and more blockchain technology The more they are valued by the international community.
In recognition of the potential of blockchain, countries have to speed up the pace of layout.US DHS subsidized 6 companies committed to the development and application of the government blockchain; the French Ministry of Finance has announced that it will allow the trading of some unlisted securities Using blockchain technology, the first of its kind in Europe; Belarusian President Alexander Lukashenko signed the 'super liberalism' bill in favor of blockchain and cryptocurrency.
While the major economies in the world and major international organizations have expedited the deployment of blockchain technology, financial institutions, Internet companies, IT companies and manufacturing enterprises in our country are also making active preparations for entry. According to the statistics, the relevant blockchain-related public companies in China have increased To about 30.
CICC experts believe that as an important infrastructure for the development of financial science and technology, the application of the blockchain is worth looking forward to. The future can be used for digital currency and financial institutions to transform payment, settlement, transactions and other scenarios, while reducing costs and reduce risk CITIC Securities said that the blockchain technology is currently in the accumulation stage of the learning curve, looking forward to the application of the outbreak level landing.
Hype hoarding speculation application landed
With bitcoin soaring, many people confuse bitcoin with the blockchain, said Chen Haifeng, deputy director of the Big Data Institute at Zhuhai Institute of Beijing Institute of Technology, who has blockchain technology behind digital currencies such as bitcoin And can not draw an equal sign.
Half Reporters study found that around the blockchain technology, the industry there is a strong speculation style, the long run is not conducive to the practical application of the technology promotion.
On November 13, 2017, Pingshan Tea, a listed company in Hong Kong stock market, issued a public notice to change the company's original name "Pingshan Tea Group Co., Ltd." to "Blockchain Group Co., Ltd.". Since the Company's main business has not obviously involved in the blockchain business yet, However, there is a certain increase in the stock price.
More and more businesses are starting to get hot with Bitcoin, which is not limited to the simple addition of company name to 'bitcoin' or 'blockchain' In a bit of a relationship, the company is likely to melt into large sums of money and quickly raise its value, a sign of proliferation of such unhealthy tendencies.
Part of the non-orthodox application of 'suck gold' highlights the energy, forming a negative demonstration effect.While the practical application of blockchain is pushing hard, some virtual applications show huge 'sucking gold' energy. Into 'earn quick money', further affecting the actual application of the start.
Recently, a social game based on Ethereum Block's blockbuster cats and dogs has been rapidly gaining popularity both at home and abroad. The game has only been launched for more than a month. The accumulated turnover has reached nearly 10 million U.S. dollars. The most expensive cat, Due to the rarity of the species actually sold over $ 100,000 high price.The researchers said the original intention of the development of this game is to allow users to better understand the blockchain technology, but in the promotion has been the operator bias.
Application first, to seize the high ground
Li Jingnan, vice chairman of China's blockchain eco-union, believes that the core behind the blockchain changes in the world is its openness, openness and transparency. It uses technical means to solve the trust issue.
China has released the first blockchain standard in the country in the first half of 2017, which lays a solid foundation for our country to seize the international first chance. Based on the "13th Five-Year Plan for National Informatization", experts suggest to refine Blockchain technology development path, a clear specific force points, tackling key areas, the direction of the target at the same time, take measures to simultaneously hold the hype of the wind.
Experts believe that blockchain technology will be the key underlying infrastructure for Internet finance and the entire financial industry. Take the securities market as an example, securities trading needs to be completed through the coordination of the four major agencies of central clearing houses, banks, securities companies and exchanges , Low efficiency, high cost and easy to create a strong intermediary.Blockchain technology can solve these problems, such as to promote its first in this area to test the water, in visible and tangible applications flowering results , Fully demonstrate the technical advantages of blockchain, will form a demonstration effect.
In addition, the government can also promote the research and application of enterprise-level blockchain through certain policy support and encouragement.Before the blockchain application that is not significant in business efficiency but beneficial to society, it can be explored by purchasing public service.For example, The government can apply blockchain technology to such public areas as love donation and online lending as an attempt to solve the problem of transparency and trust and reduce industry risks. (Halfway Reporter Mao Zhenhua) Xinhuanet
3 grab mining opportunities Samsung Wisdom original hand called TSMC;
Samsung storm Bitcoin and other virtual currency mining chip business opportunities, cross-sea and Taiwan's UF's IP Factory Wisdom original cooperation, through the original customer's commission design (NRE) capacity, find more mining chip customers to expand the Samsung generation Order orders, called TSMC.
This is Samsung to strengthen the foundry business, once again move.Industry analysis, mining chips to become a new source of money Samsung, revealed the three major messages, the first is the competition between Samsung and TSMC will be more intense, the two foundry war spread of fire .
Second, many countries suppressed the virtual currency, once caused the price of bitcoin cut, but soon soon recovered to 11,000 US dollars nearby, although the volatility of the virtual currency, but the market boom even multinational governments shot all go well, TSMC, Samsung, Creative, Chi original business opportunities are still large.
Third, TSMC holds 90% of the world's mining machine chips foundry, its creative TSMC also brought many NRE orders, TSMC and Samsung long-term confrontation, Samsung wants to draw ideas
Winning orders is not easy, switch to cooperation with the original, highlighting Taiwan's global mining chip foundry and outsourcing design an important position.
Foreign Minister previously disclosed that Samsung has cooperated with Baikal, a Chinese mining hardware manufacturer, and came out in contact with the mining machine industry in Russia, where Samsung manufactures ASIC chips for mining machines at 14 nanometers for these customers.
It is understood that the cooperation between Samsung and Samsung's original model is: Samsung is responsible for Baikal and other large customers, Wisdom original to undertake other global Samsung chip maker interested in NRE orders, and then to Samsung foundry, Samsung To expand orders; NRE relatively high profits, the gross profit margin of Wisdom also has positive help.
Wisdom did not cooperate with Samsung to dig more chips details, emphasizing that Samsung is indeed an important partner, the past cooperation between the two sides to 28 nm NRE business-oriented, this year to strengthen 14, 10 and 7 nanometers of energy, continued with Samsung to maintain Stable foundry relationship.Currently, customers actively contact mining machine orders, 10 nm and 14 nm advanced process models, mining chip shipments expected this year to maintain growth.
Report Secretary / ASIC and NRE
Custom-made chips (ASICs) are special-purpose chips that are designed for specific applications and have the advantages of high computational efficiency, size-matched requirements, and low power consumption.
In recent years, the demand for new end products such as artificial intelligence (AI) and deep learning has increased, driving the demand for ASIC to grow at the same pace and has become the focus of attention in the market. Taking the most current bitcoin mining machine as an example, the largest manufacturer of bitcoin mining machines in the world Bit mainland, its mining machine chip is an ASIC design.
NRE is a "customer-commissioned design." Taking Creative Silicon and other intellectual property vendors as an example, we started researching, developing, designing and testing a new product for a product after it received a customer's order. The fees charged, follow-up case into mass production, then there is a greater profit recovery.
4 mining opportunities to promote cooling Fan supply standards, power performance optimistic;
Since the end of the third quarter of last year, the demand for graphics cards has been on the rise. The price has continued to rise, and led to a rare shortage of cooling fans. It is expected to become a new wave of price components Prospective (2421), dynamic-ky and other related businesses look pretty Qiao.
Industry sources, the current situation out of stock point of view, the graphics card is likely to all the way to the third quarter of price increases, with the terminal prices continue to rise, the upstream peripheral components are also ready to go around, at any time will follow up; which display card Dedicated cooling fan is an indispensable key components, the most likely to be the first to follow up.It is reported, whether it is bitcoin mining or gaming game player, are quite dependent on graphics card cooling performance, especially the Bitcoin mining machine due to all-weather Uninterrupted operation, great load on the graphics card, so the cooling effect is good or bad will have a profound impact on mining costs, resulting in cooling fans began to fall short of demand.
Fan cooling fan factory in Taiwan to build prospective, dynamic-KY larger, the two companies shipped fan components cover MSI, Gigabyte, Asustek and other three major display card brands, with the recent card hot, fan shipments Kinetic energy is also rapidly warming up, the relevant cooling plant performance followed dip.
Demand for cooling fans in short supply, the industry stressed that the production line has been very busy, never stopped .Jianzhun, power January sales have felt the related upsurge, simultaneously higher, the standard was 997000000 yuan, a monthly increase of 3.5%, annual increase 13.6%, climbing nearly four-month high; momentum January revenue 1.69, an increase of 7.1%, an increase of 153.7%, a record high.
Looking to the future, the legal person believes that the establishment of standards, driven by power cards show good sales this quarter revenue, profit opportunities have better performance over the same period last year; if the graphics card continued price increases, it is likely to drive upstream fan components with the rise, The two companies will help gross margin soared.
In addition, it is noteworthy that, in addition to the rigid demand brought by bitcoin, since most of the graphics cards currently use GDDR 5 memory, and the memory factory is still using the major output for the production of mobile phone DDR4, the graphics card's follow-up Whether the supply is smooth, whether the storage material source is stable, it is also worth noting