[car home Industry] The cross-border practice of "singing and guiding when acting well" is not only in the entertainment circle, but also in all walks of life. Especially under the new energy outlet, head enterprises in various fields have laid out here one after another. Although there is a weakening trend in the past two years, there are still strong entrants. This is not the case. Recently, Midea Group spent 740 million yuan to win 23.73% of the voting rights of Hekang Xinneng, and indirectly became the controlling shareholder of Hekang Xinneng through its subordinate group Midea HVAC, becoming the real power holder.

　　Hekang Xinneng has long occupied a place in the field of new energy vehicles, and has formed a supporting relationship with FAW, Jianghuai and other car companies. This makes the outside world think that the acquisition of Hekang Xinneng is a signal that Midea wants to return to the "car circle". However, before Oaks "bought a lesson for 40 million yuan", and after Gree "struggled in the sea of suffering", why should Midea "get into the muddy water again"?

■　Midea’s car "Second Palace"

　　This is not the first time that Midea wants to build a car. As early as 2003, Midea announced that it would start with passenger cars and enter the automobile industry with high profile. At that time, due to the high profit margin of the automobile industry, the whole manufacturing industry set off a "car fever", and giants in the mobile phone, home appliances, tobacco and other industries tried water one after another. Midea signed a 2 billion yuan "Yunnan Midea Automobile Integration Project"; Aux Group invested 50 million yuan to acquire 95% shares of Shenyang Shuangma Automobile. Bird, Wuliangye and Hongta are also planning to set foot in the automobile field with a lot of money. With the continuous influx of capital and enterprises, there is quite a trend of building cars with new energy.

　　In the next three years or so, Midea Group moved the fastest, successively acquiring Yunnan Bus Factory, Yunnan Aerospace Shenzhou Automobile Co., Ltd. and Hunan Sanxiang Bus Group Co., Ltd., and building two major bus manufacturing bases of Midea-Kunming New Base and Changsha New Base, with the manufacturing capacity of 10,000 buses and special chassis. And set the goal of "becoming a leading bus manufacturer in China within 3 to 5 years".

In 2009, BYD acquired Changsha Automobile Production Base of Midea.

　　However, due to the misjudgment of the market and the impact of the economic crisis, Midea Group revised its three-year plan in early 2008, and the automobile business was not mentioned in the blueprint for realizing 120 billion yuan in 2010. In the same year, Midea officially announced the suspension of the car-making project, and its initial involvement in the car-making circle failed. In 2009, the Changsha Municipal Government of Hunan Province spent RMB 108 million to acquire the Changsha production base of Midea Sanxiang Bus Company. BYD invested 60 million yuan to take over the Changsha automobile production base of Midea to produce electric buses and chassis.

　　In this period of car-building tide, Midea persisted for a long time, while another big household appliance company, Oaks, only briefly set foot in the automobile manufacturing industry for two years and withdrew from it early in 2005. At that time, Oaks spokesperson Huang Jiangwei concluded, "Oaks is a car dream, and the price of this dream is 40 million yuan."

　　Unlike the full withdrawal of Oaks, Midea Group has been "lurking" and its voice about building a car has not stopped. In 2016, at the 2nd Asian Consumer Electronics Show, Midea joined hands with OnStar to extend its reach to the automotive Internet, which was also regarded by the industry as a signal that Midea Group "made a comeback" in the automotive field. This time, a one-time 740 million yuan is thrown. Undoubtedly, Midea’s determination to return to the car circle has been decided.

　　Although Jiang Peng, secretary of the board of directors of Midea Group, said that "at least there is no consideration for building a car for the time being". For this acquisition, more consideration is given to the synergy and integration of industries, including the synergy between the high and low voltage frequency conversion and servo services of Hekang Xinneng and the business layout of Midea Group. However, the outside world still thinks that the beautiful car will "make a comeback."

■　Who is Hekang Xinneng?

　　Midea Group, which is "second in the palace", will obviously be more cautious in choosing cars, which also makes the outside world more curious about Hekang Xinneng.

　　According to the data of enterprise investigation, Hekang Xinneng was established in 2003, which is an enterprise specializing in R&D and production of high-voltage and high-power inverters. Judging from the industrial and commercial information disclosed, its business scope also involves the technical development of the industrial chain operation of new energy vehicles and their charging piles.

　　Unlike Gree’s choice of Yinlong, a vehicle manufacturer, Midea’s re-entry into the car circle starts with parts companies. At present, in the powertrain and key parts of new energy vehicles, Hekang Xinneng related products have formed supporting relationships with many domestic mainstream car manufacturers such as FAW and Jianghuai.

　　It is beneficial to Midea Group’s investment. On the day of the announcement on March 25, 2020, the share price of Hekang Xinneng went up strongly, and the share price of Midea Group also rose by more than 3%. Hekang Xinneng said in the announcement that through this transaction, the company entered the system of Midea Group, and with the help of Midea Group’s excellent management model and strong R&D and production capacity, it was conducive to improving the overall performance of the company.

　　Subsequently, for several consecutive trading days, the share price of Hekang Xinneng continued to limit, which also attracted the attention of Shenzhen Stock Exchange. On April 7, Hekang Xinneng received an inquiry letter from Shenzhen Stock Exchange, asking it to supplement the specific content of the new energy automobile business, the income, profit and proportion realized in the last three years, and whether it has worked out specific plans or arrangements with Midea HVAC for the future development of the business.

　　At present, Hekang Xinneng has not responded to the inquiry, pending the release of further revenue information, etc., or we can have a deeper understanding of Hekang Xinneng and the reasons for Midea’s acquisition.

■　Why does the home appliance industry love "building cars"?

　　The first intimate contact between traditional home appliance enterprises and automobiles can be traced back to 1996. In the 1990s, Anhui Yangzi Group reduced the proportion of its home appliance projects, focusing on large domestic automobile enterprises and bus industry. Subsequently, a large number of home appliance manufacturers such as Chunlan, Oaks, Henan Xinfei, and Shandong Xiaoya poured in, but all ended in failure.

　　Until 2011, Huang Hongsheng, the founder of Skyworth Group, turned his attention to the field of new energy commercial vehicles, and the Nanjing Jinlong Bus he founded became the first case in which a home appliance enterprise successfully transplanted the automobile industry. In November 2019, Huang Hongsheng went on to enter passenger cars and set up Tianmei Automobile. The first model BE11 was officially named ET5, and the new car was positioned as a pure electric medium-sized SUV, which will go on sale in the third quarter of this year.

『(|)』

　　It can be said that home appliance enterprises are "almost extinct" in the automotive field. Why did Midea choose to enter strongly at this time? A big reason is that you need to find new business growth points.

　　After the revenue in 2017 exceeded 200 billion yuan, the growth rate of Midea Group’s main business slowed down significantly. In 2018, Midea Group achieved an operating income of 259.665 billion yuan, a year-on-year increase of 7.87%; The net profit attributable to shareholders of listed companies was 20.23 billion yuan, a year-on-year increase of 17.05%. Among them, the consumer electronics business including kitchen appliances, refrigerators, washing machines and various small household appliances achieved revenue of 102.993 billion yuan, up 4.3% year-on-year, and its share in the US revenue dropped from 41.02% to 39.66%. It can be seen that the growth of Midea Group’s consumer electronics business is exhausted.

　　Car air conditioning business or a good choice. Although Midea, Gree and other enterprises have a high market share in household air conditioning, they can hardly rank in automobile air conditioning. The core technology of compressor, an important accessory of automobile air conditioning, is in the hands of foreign enterprises. Without the core technology, there is no right to speak. When the automobile is transformed from a fuel vehicle to a new energy source, the power source of air conditioning and refrigeration is also changed from an engine to a battery. The development of new energy vehicles has also brought opportunities to China enterprises in the field of automobile air conditioning. This may also explain why beauty should start with parts.

　　If Midea can use this as a vehicle air conditioner, the input-output ratio is huge and positive. Analysts in the automotive industry believe that if Midea can get 10 million orders for a car air conditioner with a price of 2,000 yuan, the market will be at the level of hundreds of billions, which is still very attractive compared with billions of investments. Of course, Gree also wants to eat this cake, and the "struggle" between them will extend from home appliances to cars.

"Midea Group should also join the smart car ecosystem"

　　In addition to the air-conditioning business, with the upgrading of the intelligent level of automobiles, the smart car ecosystem is also a big "selling point" that car companies are striving to build. Using mobile intelligent terminals like cars to connect them with beautiful smart home products and consumption ecology may lead to new business models and unlimited imagination.

　　Especially in recent years, Midea Group has been active in the market under the label of "Global Technology Group". On the one hand, it acquired the German robot giant KUKA; On the other hand, Midea Group also reached a strategic cooperation with SAIC-GM Anjixing on smart home and car networking applications. This time, the attitude of increasing investment in the automobile circle and breaking into the whole ecosystem of the Internet of Things is obvious.

■　Full text summary

　　Li Shanyou, the founder of Chaos University, mentioned in a sharing: "The first curve of any enterprise’s development is bound to encounter a limit point. Once the limit point appears, the growth of the enterprise is almost irreversible. If you don’t innovate, you will die, but innovation may be death. This is a dilemma between management and innovation." How to balance and innovate is something that managers need to ponder carefully. At the moment when Midea Group’s main business is approaching the ceiling, it is inevitable to seek a breakthrough. After the choice, how to further choose and ensure that the new choice can hold up a sky in a few years is a problem that enterprises need to think about. For us ordinary spectators, the "war" between Midea and Gree has been "eating melons" for a long time from the field of home appliances to the car circle. Of course, we will also pay attention to the follow-up story. (Text/car home Zhang Wei)

The online auto market learned that Geely New Binyue will be listed on May 18th. The main appearance details and configuration of the new car were upgraded. The platinum version and the diamond version were replaced by a four-cylinder 1.5T engine, and the entry gold version followed the 1.4T engine. According to Geely dealers, Xinbinyue has arrived at the store, and the price range of the three models is 75,800-96,800 yuan, which is consistent with the cash.

New Binyue offers four paint colors: lightning white, blast green, hot flame red and thunder gray. The appearance change is to change the black straight waterfall air intake grille, and the diamond version is equipped with a sports kit, including the front surround and red decorative strips around the car body. In terms of configuration changes, Xinbinyue 1.5T DCT Platinum Edition upgrades electronic handbrake, automatic parking, steep slope descent and automatic air conditioning; The 1.5T DCT Diamond Edition adds 7-inch LCD instrument and automatic air conditioner, and cancels the front side airbag.

The new Binyue Gold Edition follows the 1.4T engine, with a maximum power of 104kW and a peak torque of 235N·m, matching a 6-speed manual gearbox; The platinum version and the diamond version are replaced by a new four-cylinder 1.5T engine, matching the 7-speed dual-clutch gearbox.

This article is reproduced from the online auto market. The purpose of reprinting this article on this website is to convey more information, which does not mean agreeing with its views and being responsible for its authenticity. If the content, copyright and other issues of the work are involved, please contact this website within 30 days, and we will delete the content as soon as possible. This website has the final right to interpret this statement.

　　[car home New Car Listed] On August 20th, the 400,000th complete car of Euler, the Good Cat Honorable Model, slowly rolled off the production line at Taizhou Smart Factory of Great Wall Motor. At the same time, the 2023 Good Cat/Good Cat GT Honorable Model was officially listed.the formerThe price range is 149,800-165,800 yuan, and the latter is 153,800 yuan.Both models are products created by Euler and users, which have improved speed-up, climbing ability and quietness. The official will provide limited-time cash discount of 20,000 yuan for car buyers. At the same time, users who buy the honorable cat will enjoy the V2L external discharge function worth 2,999 yuan free of charge, and users who buy the honorable cat GT Mulan version will enjoy a 50% discount on the optional package of intelligent assisted driving. Please see the following table for the detailed model price:

"Euler’s 400,000th vehicle rolled off the assembly line"

　　The Euler brand was founded in 2018, and the 400,000th vehicle rolled off the assembly line in five years. At present, the repurchase rate of Euler users exceeds 26%, the referral rate exceeds 31%, and female users account for 75%. In the era of brand 2.0, Euler has strengthened her determination and confidence to deeply cultivate women’s car tracks, and will also give women "true love", including "brand upgrade" from China Euler to the world Euler, "technology upgrade" from cost performance to warm technology, "service upgrade" from platform system to exclusive system, and "user upgrade" from young girls to big women. Euler has built a 1080-degree women’s safety architecture around women’s needs-"warm technology", that is, 360 basic safety+360 intelligent safety+360 health safety.

　　In addition to the newly listed models, all models of Euler have certain limited-time cash discounts and gift packages during August 1 -31, 2023. Among them, the 2023 Good Cat and Good Cat GT have a cash discount of 22,000 yuan, and the lightning cat has a maximum discount of 42,700 yuan. The 2023 Euler Ballet Cat provides users with basic traffic free for life, entertainment traffic free for 2 years, three-power lifetime warranty (the first individual non-operating car owner), and vehicle warranty for 4 years or 150,000 kilometers.

● New car features

　　(|) The retro futuristic design concept is adopted, and the rounded lines on the front face are matched with oval light groups and three-stage air intakes, which looks very exquisite. At the same time, the raised ribs on the front hatch cover also appropriately enhance the sporty atmosphere of this car. From the side of the car body, the front fender of the car is equipped with a charging socket, and the shape of the front and rear fenders also uses some wide-body designs. In terms of the tail, the unique taillight shape and license plate area shape of the car enrich its visual layering at the tail.

　　As for the interior, Good Cat is designed with a hood and equipped with a 7-inch instrument. The 10.25-inch central control touch LCD screen supports CarPlay and Hicar mobile phone interconnection mapping, and has the functions of voice recognition system, 4G/5G network, Wi-Fi hotspot and so on, and supports OTA upgrade. Stylish through air conditioning air outlet and dual-spoke multi-function steering wheel make this car look more exquisite.

　　In terms of configuration, tire pressure monitoring, single pedal mode, automatic parking, uphill assistance, 360-degree panoramic image, rear parking radar, keyless start and entry, remote start, Bluetooth key, and rain-sensing wiper are all standard.

　　In terms of power, Good Cat is equipped with a permanent magnet/synchronous motor with a maximum power of 143 HP (105kW) and a peak torque of 210 Nm. The battery pack has various specifications including Guoxuan Hi-Tech and Honeycomb Energy, Ferrous lithium phosphate and ternary lithium battery, etc. The cruising range of CLTC is divided into 401km and 501km. Fast charging takes 30 minutes to charge the battery from 30% to 80%, and slow charging takes 8 hours to fully charge.

　　At the Shanghai Auto Show, the 2023 Euler Good Cat GT Mulan Edition was officially launched, and the appearance was equipped with a round headlight group. The cute design style can win the favor of many female users.

　　The interior adopts 7-inch full LCD instrument panel +10.25-inch central control panel, which supports voice interaction, multimedia entertainment and even Tik Tok and iQiyi. In addition, the car also supports OTA vehicle remote upgrade service and mobile App remote car control, in which remote car control can realize electronic fence, intelligent car search and other functions.

　　In terms of configuration, tire pressure monitoring, single pedal mode, automatic parking, uphill assistance, 360-degree panoramic image, rear parking radar, cruise control, keyless start and entry, remote start, Bluetooth key, rain-sensing wiper and external discharge are all standard.

　　In terms of power, Good Cat GT is equipped with a motor with a maximum power of 135 kW and a maximum torque of 250 Nm. It is equipped with a 47.8kWh lithium iron phosphate battery with a cruising range of 401km. In terms of charging, the slow charging time of the car is 8 hours, and the fast charging (the power is from 30% to 80%) takes 30 minutes.

● Edit Comment:

　　In recent years, Euler has continuously deepened the female user market and formed a "cat family" product matrix. From a cute little cat to a retro ballet cat and a coupe-style lightning cat, Euler meets the different preferences of female users with diversified layout and adheres to the differentiated brand route. The good cat honor model listed tonight is a work with both cost performance and face value based on market demand, which will continue to satisfy users and help the sales of the good cat family to further increase. (Text/car home zhang xiaodan)

　　[Nineteenth Global Hot Review]

　　■ Russia

　　Moscow, October 18th (Reporter Wang Jiabo)Russian mainstream media paid close attention to the report made by the Supreme Leader in The 19th National Congress of the Communist Party of China on the 18th, and adopted such striking headlines as Supreme Leader: the 19th National Congress of the Communist Party of China is an important congress for Socialism with Chinese characteristics to enter a new era, Supreme Leader: China calls on people of all countries to work together to build a community of human destiny, Supreme Leader: China will never seek hegemony no matter how developed it is, Supreme Leader: China will not give up the policy of opening to the outside world, and Supreme Leader: China People’s Army will be built into a world-class army in the middle of this century.

　　Sputnik news agency & radio reported that when the Supreme Leader made a report in The 19th National Congress of the Communist Party of China, he said that China called on people of all countries to make concerted efforts to build a community of human destiny. The Supreme Leader stated that China will hold high the banner of peace, development, cooperation and win-win, abide by the foreign policy purpose of safeguarding world peace and promoting common development, unswervingly develop friendly cooperation with other countries on the basis of the Five Principles of Peaceful Coexistence, and promote the construction of a new type of international relations featuring mutual respect, fairness, justice and win-win cooperation.

　　According to the report, the supreme leader also stressed the need to build a world of lasting peace, universal security, common prosperity, openness, tolerance, cleanliness and beauty. We should respect each other and negotiate on an equal footing, resolutely abandon the cold war mentality and power politics, and take a new path of state-to-state exchanges of dialogue without confrontation and partnership without alliance. We should persist in resolving disputes through dialogue, resolve differences through consultation, make overall plans to deal with traditional and non-traditional security threats and oppose all forms of terrorism. We should help each other in the same boat, promote the liberalization and facilitation of trade and investment, and promote economic globalization in a more open, inclusive, inclusive, balanced and win-win direction. We should respect the diversity of world civilizations, transcend the barriers between civilizations, learn from each other, and coexist with each other. We should adhere to environmental friendliness, cooperate to cope with climate change, and protect the earth’s homeland on which human beings depend.

　　■ USA

　　Newspaper, Washington, October 17th (Reporter Tang Xianying)The 19th National Congress of the Communist Party of China attracted the attention of American media, and various mainstream media reported it in various forms.

　　On the 17th, CNN published an article entitled "What do you need to know about the 19th National Congress of the Communist Party of China". The article gives readers a detailed introduction to the organizational structure of the Communist Party of China (CPC), the number of delegates attending the 19th National Congress, the number of party member in China and the tasks held at the 19th National Congress. According to the article, China’s "international status has achieved unprecedented promotion". The article further points out that the 19th National Congress will draw up a blueprint for China’s future participation in the world process, and China’s influence in the world today is more than ever before.

　　Washington post, published on 17th, reported in A10 that the 19th National Congress of the Communist Party of China would be held soon. The newspaper published a poster of the Chairman of the Supreme Leader waving and smiling with the slogan "Chinese Dream, People’s Dream" printed on it.

　　In an article published on 17th about the 19th National Congress of the Communist Party of China, USA-Today, the mainstream media in the United States, quoted Elizabeth Konomi, director of the Asia Program of the Council on Foreign Relations, an American think tank, as saying that the Chairman of the Supreme Leader has put forward many initiatives, and now it is necessary to implement them properly. The article said that in the past five years, China’s economic growth has been accompanied by the improvement of people’s living standards; Strengthened influence in international affairs; Promote popular anti-corruption actions; By seeking consensus on trade and currency issues, relations with the United States have been improved. Finally, the article points out that ordinary people in China are full of expectations for the Supreme Leader Chairman to continue to lead China, and China will surely develop steadily and better.

　　■ Serbia

　　Newspaper, Belgrade, October 18th, by reporter Jiazheng ZhaoThe mainstream media in Balkan countries concentrated on the opening of the 19th National Congress and the report of the supreme leader at the opening ceremony in a prominent position today.

　　Serbia’s Nantong News Agency posted a live video of the opening ceremony of the 19th National Congress on its website, and distributed detailed graphic reports, saying that the Chinese nation has ushered in a great leap from standing up, getting rich and becoming strong. The Chinese nation will stand among the nations of the world with a more high-spirited attitude.

　　Serbian Beta News Agency focused on the report on China’s continued openness, saying that China leaders stressed that the door to China’s opening will not be closed, but will only grow wider. It is necessary to focus on the construction of the "Belt and Road", adhere to the principle of paying equal attention to bringing in and going out, follow the principle of joint construction and sharing, strengthen open cooperation in innovation capabilities, and form an open pattern of linkage between land and sea and mutual assistance between East and West. This provides a guarantee for foreign investors to continue to expand their investment in China.

　　■ Philippines

　　Newspaper, Manila, October 18th (Reporter Zhao Zhongwen)On the 18th, the opening of the 19th National Congress of the Communist Party of China attracted much attention from the Chinese community in the Philippines. World Journal, Business Daily and two other English-language media, the main media of Filipino Chinese society, sent reporters to Beijing to cover the opening ceremony of the 19th National Congress. Many Chinese watched the opening ceremony of the 19th National Congress live on TV that day and listened carefully to the report made by the supreme leader. In interviews, they all expressed their pride in the stable development of China, their confidence in the future of China and their firm belief that China will have a better tomorrow.

　　Many Chinese in the Philippines said that they were very excited to watch the report of the Supreme Leader at the opening ceremony of the 19th National Congress. The report objectively summarizes the work of the CPC in the past five years and draws a grand blueprint for future work. Based on China’s national conditions, the report puts forward the concepts of "Socialism with Chinese characteristics has entered a new era", "the principal contradiction in our society has been transformed", "Socialism with Chinese characteristics Thought in the new era" and "a powerful socialist country with modernization". The report is objective and comprehensive, which not only affirms the achievements, but also does not taboo the existing problems, and points out the direction for future work. As overseas Chinese living abroad, I sincerely hope that the motherland will be richer, more stable and stronger under the leadership of the CPC.

　　The reunification of the motherland has always been the focus of overseas Chinese. The report emphasizes, "Insist on ‘ One country, two systems ’ And promote the reunification of the motherland ",which greatly encouraged Chinese in the Philippines and strengthened their confidence in opposing the" Taiwan independence ". In 2016 and 2017, Philippine-Chinese groups issued statements against "Taiwan independence" for many times. The report stated that it adheres to the concept of "one family on both sides of the strait" and that it resolutely safeguards national sovereignty and territorial integrity and will never tolerate the recurrence of the historical tragedy of national division. All activities to split the motherland are bound to be resolutely opposed by all China people. This fully expresses the aspirations of overseas Chinese, who will continue to carry out various forms of anti-Taiwan independence activities and safeguard the reunification of the motherland.

　　■ Israel

　　Tel Aviv, October 18th (Reporter Wang Shuiping)The Israeli media paid close attention to the convening of the 19th National Congress of the Communist Party of China.

　　The Jerusalem Post published an article saying that the 19th National Congress of the Communist Party of China will have a far-reaching impact on the world. The article points out that the Communist Party of China (CPC), with more than 89 million party member, is the largest political party in the world, exceeding the German population and more than ten times the Israeli population.

　　The article holds that in the past five years, the Communist Party of China (CPC), led by the supreme leader, launched an unprecedented anti-corruption struggle, and many leading cadres in party member were punished. Poverty alleviation has lifted tens of millions of people out of poverty, and China has become the second largest economy in the world.

　　At the end of the article, the Belt and Road Initiative is China’s landmark diplomatic initiative. Connecting Asia and Europe through infrastructure networks and investment networks not only promotes China’s own economic development, but also promotes the ties among countries, which is a very good opportunity for Israel.

On September 10th, there were six major new car launches, among which this one was definitely in the top three. On that day, not only Robin Li, chairman and CEO of Baidu, visited the site personally, but also Zeng Yuqun, chairman and CEO of Contemporary Amperex Technology Co., Limited, and Li Bin, founder, chairman and CEO of Weilai, attended the event as special guests.

In the end, on the same day, it was announced that the preferential price of the limited-time car purchase in Extreme Yue 2007 was 19.99-28.99 million yuan (including 10,000 yuan limited-time cash relief), and a series of rights and interests were provided.

Compared with similar models of other new forces, the Extreme Yue 07 has several outstanding labels.

First, high investment. Extreme Yue 07 was praised as "the world’s first car with an investment of over 100 billion yuan" by Xia Yiping, CEO of Extreme Yue, and its name of 100 billion yuan is definitely not empty.

The first is intelligent driving. As the two major heads in the world, which are known as pure vision solutions together with Tesla, the ASD Apollo high-order intelligent driving of Extreme Yue 07 is based on "pure vision+end-to-end big model", and Baidu’s intelligent driving investment is as high as 50 billion; It is planned that by the end of 2024, ASD can be used wherever Baidu map navigation can reach, and it can be opened all over the country.

The second is the AI capability of Extreme Yue 07, which is the AI capability/comprehensive empowerment formed by Baidu’s continuous investment of over 170 billion yuan for more than 10 years;

The third one is based on the vast SEA architecture that Geely spent over 18 billion yuan on research and development in four years. The chassis has a front all-aluminum double wishbone/rear all-aluminum H-Arm multi-link independent suspension, provides Brembo four-piston fixed calipers, and selects Contemporary Amperex Technology Co., Limited high-performance power battery with a total investment of over 70 billion yuan.

Second, high face value, Extreme Yue 07 has a smooth coupe shape, and the design is inspired by the Venus statue. The curves, radians and angular data of its body are internalized in the aesthetic design of Extreme Yue 07. In the research and development of the ultra-Yue 07 model, it cost 300 million yuan to move the A-pillar backward by 65mm only once, in exchange for the excellent body proportion and the inclination angle of the A-pillar, and finally the "Venus curve" was presented.

In addition, Extreme Yue 07 also has excellent tailgate loading capacity under high value, and the large hatchback structure brings a similar large opening tailgate, which is very rare in the trend that new forces often lose practicality and hard concave shape.

In addition, the Extreme Yue 07 has a drag coefficient as low as 0.198Cd, and the research and development is full of gold, and the high-performance automatic lifting tail is enough to pull the wind.

Interior, 35.6-inch huge horizontal screen and decorative board materials, 0-formaldehyde full-grain nappa leather seat fabric are very elegant, and 256-color atmosphere lights and liftable speakers add a lot of sense of ceremony.

Third, long battery life+high rights and interests

Extreme Yue 07 has launched three configuration models, and the standard version of CLTC has a cruising range of 660km.

Known as the "king of endurance cost performance", the extremely long endurance version of 07, based on a 100-degree battery, CLTC has a maximum endurance of 880km；; Both the standard version and the long-life version use a single motor with a peak power of 200kW, and the zero-acceleration is 6.9s and 6.5s respectively.

Extreme Yue 07 Performance Edition, based on 800v architecture, is equipped with a system, with a maximum power of 530kW, a zero-speed acceleration of 3.5s and a CLTC cruising range of 770km.

Among the rights and interests of the first sale of new cars, if you buy a car before 24: 00 on September 30 and get the car before January 31, 2025, you can also get the 3-year use right of the 1,500-kilowatt electric card or the 7kW DC household charging pile service package, the lifetime warranty of the whole vehicle and the three-electric system, the lifetime free road rescue, the 3-month free experience of ASD advanced intelligent driving, and the repurchase rights.

In addition, for the Extreme Yue 07 Standard Edition and the Long Life Edition, a "Comfortable Suit +U-shaped Steering Wheel +6 Color Options" worth 26,000 yuan will be given free of charge; For the Extreme Yue 07 Performance Edition, a "sports suit +U-shaped steering wheel +6 color options" worth 13,000 yuan will be given free of charge.

Wen | Zhang Bureau

Figure | Network

Morning news

Huawei will pay dividends of nearly 77 billion yuan in 2023.

According to the electric business news, after the market meeting on February 2nd, Huawei officially announced through the internal secretary No.1 document: 1.5 yuan will be paid dividends per share in 2023, and the price per share will remain unchanged at 7.85 yuan, ESOP the dividend yield will be 1.5/7.85=19.1%, and the after-tax rate will be 15.3%. According to Huawei’s current total share capital of 51.3 billion shares, the total dividend will be 51.3 billion * 1.5 = 76.95 billion yuan.

According to the 2022 annual financial report, the number of Huawei companies participating in the employee stock ownership plan is 142,000. In that year, Huawei paid a dividend of 72 billion yuan, with a per capita dividend of nearly 547,000 yuan. In 2021, Huawei paid a dividend of 61.4 billion yuan, with a per capita dividend of 460,000 yuan. It is estimated that in 2023, the per capita dividend amount of Huawei employees will further increase.

Huawei’s revenue in 2023 is expected to exceed 700 billion yuan, of which terminal revenue is expected to exceed 240 billion yuan. With the return of Kirin chips, Huawei’s terminal business is rapidly recovering, and with the big sales of smart cars, it is estimated that the terminal revenue will increase by more than 100 billion yuan in 2024.

Domestic information

1. LiWant to respond to multiple year-end awards: unclear rewards and punishments is the biggest reason for inefficient organization.

According to the information of IT House, on January 5th, the car blogger @ 京京京京京京京京京京京京京京京京京京京京京京2 To this, the CEO responded in Weibo.

Li Xiang said: "We can’t just learn Huawei’s process without learning Huawei’s benefit distribution. We insist on two simultaneous studies and bind each other. In 2023, more bonuses will be given if the target is exceeded, and less bonuses will be given if the target is not achieved in 2022, so that rewards and punishments are clear. Only learning the advanced process, not learning the advanced benefit distribution, and unclear rewards and punishments are the biggest reasons for the inefficiency of the organization, simply tossing employees. There are growth, achievements and rewards, and all three are indispensable. "

Li Xiang mentioned the year-end bonus event in 2022: In that year, all employees received less year-end bonuses than before, with only half of their monthly salary, and a few received 13 salaries, while in LI, the year-end bonus was two to four months’ salary. Due to the outstanding performance of LI in 2023, it is expected that the ideal year-end bonus will exceed the highest level in the past.

2. In 2023, China imported 799,000 cars, down 10% year-on-year, falling for five consecutive years.

According to the news of the Federation on February 4, China imported 799,000 cars from January to December 2023, down 10% year-on-year. China’s automobile imports continued to decline at an average annual rate of about 10% from 1.24 million vehicles in 2017, and only 885,000 vehicles will be imported in 2022. In 2023, the domestic high-end market demand was good, but the import of passenger cars was only 800,000 units, which continued to decline by 10% year-on-year. The Federation pointed out that the electrification transformation has changed the demand for fuel vehicles, and the demand for imported fuel vehicles has dropped significantly.

3. Beijing started the unmanned automatic driving passenger test.

Xiaoma Zhixing official micro-message, equipped with Xiaoma Zhixing’s sixth-generation L4 software and hardware system, the Robotaxi model has been approved to open the self-driving manned demonstration application of "nobody in the car, remote outside the car" in Beijing. In Yizhuang, Beijing, passengers can call a car through PonyPilot+APP. At present, this model has been tested in Beijing and Guangzhou at the same time.

4. Shanghai has achieved an open test of autonomous driving with a total area of 912 square kilometers.

Looking at the news, the Shanghai Municipal Transportation Commission, the Municipal Economic and Information Commission and the Municipal Public Security Bureau jointly released the "Shanghai Intelligent Networked Automobile Development Report (2023)". According to the report, by the end of 2023, the total area of self-driving open test in Shanghai reached 912 square kilometers, including 464 square kilometers in Jiading and 386 square kilometers in Lingang. A total of 774 vehicles from 32 enterprises were awarded road test and demonstration application licenses.

The total test mileage is 9.633 million kilometers, of which the automatic driving test (function test) mileage is 7.437 million kilometers, increasing by 25% and 43% respectively compared with 2022; The total test duration was 1.15 million hours, of which the automatic driving test (function test) lasted 650,000 hours, increasing by 190% and 200% respectively compared with 2022.

5. The price of NVIDIA RTX 4090 graphics card in Asian market soared by 60%.

According to Nikkei Asia News, the price of GeForce RTX 4090 graphics cards in NVIDIA has soared in the Asian market, and people are willing to spend a lot of cash to buy them and then resell them at a higher price. The price of RTX 4090 in some Asian countries has soared by 60%-the official suggested retail price is US$ 1,599. Buyers from Guanghua Shopping Mall in Taiwan Province, China and Longshan Electronics Market in South Korea have bought these graphics cards for more than US$ 2,500, so that they can resell them to Chinese mainland and China at three times the price. According to reports, this is also the case in Singapore and Vietnam.

It is understood that RTX4090 will be released at the end of 2022. The graphics card is based on the 5nm process AD102 graphics processor, which can ensure the operation of all games and support hardware ray tracing and variable rate coloring in video games. AD102 graphics processor is a large chip with an area of 611mm2.

6. The first model of the sub-brand Alps is expected to be launched in October.

36Kr reported that the first model "DOM" (internal code) of Weilai sub-brand Alps is planned to be trial-produced in July this year, and it is expected to be mass-produced and delivered on the market in the second half of this year. If all goes well, DOM is expected to be officially listed in October this year. Alpine brand will bear the heavy responsibility of Weilai’s main attack on the family car market, with the price range of 200,000-300,000 yuan, while Weilai brand will continue to stand firm in the high-end pure electric market.

7. The first batch of M9 owners of Celeste Super Factory opened for delivery.

Sailis official news, Sailis Super Factory was completed and put into use on February 5th, and the first batch of owners of M9 officially opened for delivery.

The factory has more than 1,000 intelligent devices and over 3,000 robots for intelligent collaboration, which can realize 100% automation of key processes; Has the industry’s first quality automation testing technology, which can realize 100% quality monitoring traceability; Through the world’s leading 9000T die casting machine, the highest integration among integrated die casting parts is realized; At the same time, it has achieved the highest production efficiency in the world.

According to reports, since its listing in December, 2023, the M9 has exceeded 40,000 sets.

8. Xia Yiping, CEO of Extreme Vietnam, revealed that the price of Extreme Vietnam 07 was 219,900, and Xia Yiping subsequently denied it.

No.42 garage news, in the "BOSS 1+1" program yesterday afternoon, Xia Yiping, CEO of Extreme Yue Automobile, revealed that the price of the second model of Extreme Yue Automobile, Extreme Yue 07, started at 219,900 yuan. Last night, Xia Yiping denied this statement, saying that the 219,900-car model he mentioned in the program was the previously listed Extreme Yue 01.

Extreme Yue 07 is positioned as a pure electric car, which forms a competitive relationship with Extreme Krypton 007 and I. It is rumored that the ultra-Yue 07 will adopt the same large-size through LCD screen as the ultra-Yue 01 with built-in Qualcomm Snapdragon 8295 chip. In terms of assisted driving, Extreme Yue 07 may adopt the pure vision high-order intelligent driving technical scheme like Extreme Yue 01, equipped with dual Orin chips. According to previous reports, Extreme Vietnam 07 will make its debut in April this year, and start delivery in the second half of this year.

9. It is reported that the self-developed city NOA assisted driving landed in March.

Late Auto news, the first landing time of BYD City Pilot (NOA) is planned for March 30th, and N7 will be the first vehicle to apply advanced intelligent driving function. A person close to BYD revealed that BYD’s cities led the first batch or opened a number of major cities including Shenzhen. However, "Late auto" learned that as of now, only Shenzhen is close to landing. Judging from the current action, BYD tried to copy the winning method of electrification transformation to intelligent driving: mastering the core components by self-research and quickly filling the progress with "crowd tactics". In order to improve the boarding progress of self-developed advanced intelligent driving, BYD is vigorously expanding its intelligent driving team.

In October and February, the new car declaration catalogue of the Ministry of Industry and Information Technology: Qin L, tank 300Hi4-T and other popular cars are listed.

According to the First Electric Report, the 380th batch of Announcement of Road Motor Vehicle Manufacturers and Products issued by the Ministry of Industry and Information Technology was released yesterday, and the new car declaration information such as BYD Qin L, 06, Volkswagen ID.7 S, Lectra 07 EM-P, Tank 300 Hi4-T, Star Era ET Extended Range Edition, Tengshi N7 modified models and so on were presented in a concentrated manner.

11. General Administration of Market Supervision: The BMW joint venture was unconditionally approved.

On February 5, Cailian, the State Administration of Market Supervision announced the list of cases that unconditionally approved the concentration of business operators from January 22 to January 28, 2024. The ninth case was the case of approving the establishment of a new joint venture between Mercedes-Benz (China) Investment Co., Ltd. and BMW Brilliance Automobile Co., Ltd., which was concluded on January 23.

Last November, they announced that they would set up a joint venture in China with a 50:50 share ratio and operate a super charging network. By the end of 2026, the joint venture company plans to build at least 1,000 super piles with advanced technology and about 7,000 super-filled piles in China. The first batch of charging stations are planned to start operation in key new energy automobile cities in China from 2024, and the subsequent construction of charging stations will also cover other cities and regions in China. In January this year, this joint venture company has been approved by the European Commission.

12. Weilai Capital raised more than 3 billion yuan.

36Kr reported that Weilai Capital recently completed the second phase of RMB fund raising, with a total scale of over 3 billion yuan. The newly raised second-phase fund will continue to focus on investment in the fields of new energy automobile industry ecology, energy technology and energy transformation, and scientific and technological intelligence. According to the report, the LP of RMB fund of Weilai Capital Phase II includes local government guidance funds, state-level funds, family offices and listed companies which are widely distributed in the field of new energy vehicles and parts.

International information

1. The origin of Apple Vision Pro was announced for the first time: original made in China.

According to the news of fast science and technology, domestic bloggers have been the first to get Vision Pro recently. Judging from the exposed packaging box, Vision Pro is original made in China. Like iPhone and other products, Apple is only responsible for design, assembly and production in China. It is reported that Luxshare is the only assembly partner of Vision Pro, and the first batch of Vision Pro is manufactured by Luxshare in Kunshan.

As early as January 19th, when it was pre-sold, some netizens claimed that the shipment place of Vision Pro they bought was Shanghai, China. Since Vision Pro has not been sold in China at present, the domestic purchasing price was as high as 90,000 yuan at the beginning of pre-sale, but the current price has dropped to about 30,000-50,000 yuan. In order to experience Apple VisionPro in the first time, JD.COM International Purchasing and Marketing directly flew to the United States for procurement, and conducted on-site unpacking evaluation.

2. In January, the global sales volume of automobiles was 53,402, and the China market increased by 36% year-on-year.

Volvo Cars announced on the 5th that its global sales reached 53,402 vehicles in January, up 10% year-on-year, and its sales increased for 17 consecutive months. Among them, the "Recharge" series models with or without plug-in hybrid achieved sales of 19,171 vehicles in the month.

Sales in Europe increased by 8% to 23,141 vehicles, of which new energy vehicles accounted for 60%. Followed by the China market, Volvo sold 16,042 vehicles in China that month, an increase of 36% compared with the same period last year; The performance of the US market followed closely with 7716 vehicles.

Volvo XC60 is the best-selling model, with global sales reaching 18,011 vehicles. Followed by XC40, with a total sales volume of 12,628 vehicles and XC90 of 8,167 vehicles.

3. Hyundai Motor evaluates the listing plan of its Indian subsidiary.

India’s Economic Times reported that Hyundai Motor is evaluating the listing plan of its Indian subsidiary and plans to raise 3.3 billion to 5.6 billion US dollars. People familiar with the matter said that world-renowned investment banks, including Goldman Sachs, Citigroup, Stanley and JPMorgan Chase, gathered in Seoul last week to introduce Hyundai Motor’s leadership.

4. Investigate and upgrade the failure of steering assistance in the United States.

According to IT House, the National Highway Traffic Safety Administration (NHTSA) recently upgraded the investigation on the power steering system of Tesla Model 3 and Model Y electric vehicles to the engineering analysis stage.

Previously, hundreds of Tesla owners complained about the loss of steering assistance. NHTSA’s Defect Investigation Office (ODI) began to investigate the steering assist system of Model 3 and Model Y in 2023 in July last year. According to a document released this week, the agency has now upgraded the investigation to the stage of engineering analysis. This means that this investigation may eventually lead to a vehicle recall. Tesla has provided NHTSA with relevant part numbers to assist in the investigation.

The survey involved about 334,569 Model 3 and Model Y vehicles, and a total of 2,388 car owners complained that the steering assist system failed. In the complaint, some car owners said they could not turn the steering wheel, while others said they needed more effort to turn the steering wheel. Most of the complaints also mentioned that the vehicle will send a warning message to the driver before or during the failure of the steering assist, indicating that "the steering assist is reduced".

It is reported that this problem has led to an accident, when the driver could not complete the right turn at the intersection and finally collided with another car. NHTSA also said that they learned that at least 50 vehicles were towed away from lanes, parking lots, roadsides and intersections due to steering assistance problems.

5. The road test mileage of Apple’s self-driving cars increased to 720,000 kilometers last year.

According to the IT House, according to the data released by the California Motor Vehicle Administration, foreign media reported that the road test mileage of Apple’s self-driving car road test team on public roads in California increased significantly last year, reaching 450,000 miles, or about 720,000 kilometers. In the report, foreign media also mentioned that the road test mileage of Apple’s self-driving car road test team on public roads in California last year was more than four times that of their test mileage in 2022 and more than 30 times that of 2021.

At the end of last month, the long-rumored Apple car project once again encountered twists and turns. The launch time was adjusted from 2026 originally planned to 2028 as soon as possible, and the autopilot level was also adjusted, from L4 previously planned to L2+ with limited autopilot function, focusing more on basic driving functions. Although Apple’s self-driving project codenamed "Titan" has encountered twists and turns, the road test of their self-driving technology is still in progress.

6. After the "fake Biden call", the United States intends to declare it illegal to make calls with AI voice.

The Paper reported that on January 21st, local time, some voters in New Hampshire said that they had received an automatic message from President Biden, telling the receiver not to vote in the state’s primary election. In view of the recent incidents of deep AI fraud in the United States, on February 1st, local time, dame jessica rawson Rosenworcel, chairman of the Federal Communications Commission (FCC) of the United States, proposed that it would be illegal to use AI-generated voice to make robocall.

Previously, AI pretended to be US President Biden to call voters, and the false "indecent photos" of famous singer Taylor Swift AI were madly transmitted on the Internet, which coincided with the US election year. Many AI deep fraud incidents caused people to worry about artificial intelligence fraud.

7. For the first time, American scientists printed functional brain tissue in 3D, and it is not clear whether they are conscious or not.

Recently, scientists at the University of Wisconsin in the United States used new technology to print functional human brain tissue in 3D for the first time. It can grow and work like a human brain, and different neurons can communicate and interact to form a neural network, but it is not clear whether consciousness will be formed, which is not the purpose of scientists. Scientists aim to use it to study the development of brain nerves and various neurodegenerative problems, such as Alzheimer’s disease, Parkinson’s disease and gradual freezing.

8. Microsoft launched an AI-assisted project for the news editing industry.

IT House news, Microsoft released a press release on the 5th local time, announcing that it has launched a number of cooperation based on generative AI with a number of news organizations. Microsoft will help news organizations identify and improve the procedures and policies of using AI for news editing and business practice, and assist in training a new generation of journalists: guide them on how to "best" use AI, and find ways for AI to assist in completing efficient business.

According to reports, Microsoft will cooperate with news agency Semafor, using AI tools to assist note takers in research, source discovery and translation, and using the "Semafor Signals" tool to help note takers provide readers with "diversified" and "credible" local, national and global information.

Related companies in shield machine industry:(600528), (600820), (688425), (002204), CCCC Tianhe, northern heavy industries, Sansan Industry, etc.

Core data of this article:Output of shield machines of leading enterprises, number of patents of shield machines of leading enterprises, operating income of shield machines of leading enterprises, etc.

1. China Railway Industry VS Railway Construction Heavy Industry: Comparison of shield machine business layout.

China Railway Industry was established in 1999 and listed for the first time in 2001. In 2017, the company reorganized and integrated Zhongqiao, China Railway Baoqiao, China Railway Science and Technology and China Railway Equipment. China Railway Equipment, a subsidiary of the company, is a frontier enterprise of shield machine in China, and has developed the first domestic shield machine with intellectual property rights in China. From 2017 to 2021, a number of key projects of the company signed contracts continuously, and the main economic indicators grew by leaps and bounds.

Tiejian Heavy Industry was established in 2006 and listed in 2021. The company has been deeply involved in the field of high-end underground equipment manufacturing, and many shield machine products have reached the international leading level. It has become the world’s leading underground engineering equipment industrial base, a new model industrial base for intelligent manufacturing of tunnel excavation equipment and a mass customization enterprise for rail transit equipment.

2. Comparison of business layout and operation status of China Railway Industry VS Railway Construction Heavy Industry-Shield Machine: China Railway Industry is slightly better.

1) China Railway Industry VS Railway Construction Heavy Industry-shield machine product comparison: Railway Construction Heavy Industry has more specifications.

From the product specifications and types of shield machines of China Railway Industry and China Railway Construction Heavy Industry, the maximum excavation diameter of earth pressure shield machines and slurry shield machines of China Railway Construction Heavy Industry is higher, and at the same time, there are more types of cutter head drives, and generally speaking, the product specifications are more.

2) China Railway Industry VS Railway Construction Heavy Industry-shield machine output comparison: China Railway Industry leads.

Judging from the change of shield machine output, the shield machine output of China Railway Industry has been greater than that of China Railway Construction Heavy Industry from 2017 to 2020. According to the Statistics of China Full-face Tunnel Boring Machine Manufacturing Industry in 2020 issued by China Construction Machinery Industry Association, China Railway Industry will produce 190 shield machines (excluding TBM) and China Railway Construction Heavy Industry will produce 152 shield machines (excluding TBM) in 2020.

3) Comparison of China Railway Industry VS Railway Construction Heavy Industry-Shield Machine R&D: China Railway Industry has a high investment scale.

Judging from the R&D proportion of China Railway Industry and China Railway Construction Heavy Industry, the R&D investment scale of China Railway Industry is significantly higher than that of China Railway Construction Heavy Industry. In 2020, China Railway Industry invested a total of 1.214 billion yuan in R&D funds, and China Railway Construction Heavy Industry invested a total of 553 million yuan in R&D funds. However, judging from the proportion of R&D investment in the company’s revenue, the investment ratio of Railway Construction Heavy Industry is 7.27% slightly higher than that of China Railway Industry (5.00%).

4) China Railway Industry VS Railway Construction Heavy Industry-shield machine patent comparison: China Railway Industry is absolutely leading.

From the comparison of global shield machine patents, as of October 2021, China Railway Engineering Equipment Co., Ltd., a subsidiary of China Railway Industry, ranked first in the world, with a total of 1044 shield machine patents, significantly more than the number of shield machine patents of China Railway Construction Heavy Industry.

Note: The number of joint applications is not excluded.

5) Comparison of China Railway Industry VS Railway Construction Heavy Industry-Shield Machine Planning: The two have different emphases.

From the different points of shield machine business development planning between China Railway Industry and China Railway Construction Heavy Industry, the development of China Railway Industry pays more attention to the research and development of core parts and intelligent manufacturing of shield machines. The development of Railway Construction Heavy Industry focuses more on market deepening and innovation in Industry-University-Research.

3. Comparison of China Railway Industry VS Railway Construction Heavy Industry-Shield Machine Business Performance: China Railway Industry has a leading revenue scale and Railway Construction Heavy Industry has strong profitability.

First of all, from the perspective of the company’s total revenue, the company size of China Railway Industry is much higher than that of China Railway Construction Heavy Industry. In 2020, the total revenue of China Railway Industry Corporation will be 24.292 billion yuan, while that of China Railway Construction Heavy Industry Corporation will be 7.611 billion yuan. Judging from the changing trend, the total revenue of China Railway Industry showed an obvious growth trend from 2018 to 2020, while China Railway Construction Heavy Industry fluctuated to a certain extent.

In terms of shield machine business, according to the statistics of China Construction Machinery Industry Association’s Excavation Machinery Branch, in 2019-2020, China Railway Industry and China Railway Construction Heavy Industry’s sales revenue of roadheader business was higher than that of China Railway Construction Heavy Industry. In 2020, the total operating income of the roadheader business of China Railway Industry is 8.099 billion yuan, and the operating income of the roadheader business of Railway Construction Heavy Industry is 6.801 billion yuan.

Judging from the gross profit margin of TBM-related business of China Railway Industry and China Railway Construction Heavy Industry, the gross profit margin of TBM-related business of China Railway Construction Heavy Industry is higher than that of China Railway Industry from 2017 to 2020. In 2020, the gross profit margin of shield-related business of China Railway Construction Heavy Industry is about 36.9%, and that of China Railway Industry is about 28.8%.

4. Forward-looking view: China Railway Industry is the "king of shield" in China.

In the shield machine industry, it is generally a business model of fixed production by sales, and the company’s shield machine output determines the company’s main market share. In addition, in terms of technology, the shield machine industry belongs to the high-end equipment manufacturing industry and has high technology-driven characteristics, so the technical level of the company’s shield machine is also the main factor affecting the competitiveness of the company’s shield machine. Based on the above analysis results, it is predicted that China Railway Industry has advantages in shield machine output, R&D investment and the number of technology patents, and is currently the "leader" of shield machine manufacturing enterprises in China.

Please refer to Foresight Industry Research Institute for the above data and analysis. At the same time, Foresight Industry Research Institute also provides solutions such as industrial big data, industrial research, industrial chain consultation, industrial map, industrial planning, park planning, industrial investment attraction, IPO fundraising feasibility study, IPO business and technology writing, and IPO working paper consultation.

Chery Land Rover made in China found that the new sports car appeared strongly, with a starting price of 356,800 yuan, which kept the price similar to the old one.

This model equipped with 2.0T turbocharged light mixing system is extremely cost-effective, and it has entered the battle with a brand-new look, challenging the existing competition pattern in the market and forming a close situation with Toyota Highlander.

With its young and dynamic design concept, the new generation Discovery Sports Edition directly hits the preferences of young consumers. The car’s face value and design language all show a keen insight into the trend, rich color matching options and comprehensive upgraded performance, making it more attractive in the market. In addition, even in the price range of 250,000, it is found that the interior texture of the sports version still maintains the first-class level of luxury medium-sized SUVs, surpassing many second-tier luxury brands and showing strong competitiveness.

For today’s young car buyers, there are many market choices, but Chery Land Rover found that the sports version has become a popular choice in their hearts with its brand strength and excellent performance. Although the maintenance rate of the used car market is not high, the reasonable adjustment of the new car price makes it perform quite well in terms of cost performance and competitiveness, providing consumers with more benefits and choices.

Generally speaking, the domestic Chery Land Rover found that the new sports car provides excellent car buying experience for consumers with its competitive price and performance, and it is an ideal choice for young consumers who are pursuing a high-quality life.

　　Cctv newsRecently, some mobile phone users reported that when some mobile phone apps were opened, the mobile phone automatically started taking photos or recording, and it was suspected that sneak shots were taken. These two incidents that may involve revealing personal privacy quickly attracted public attention.

　　In order to realize the full-screen design, the mobile phone in the report video designed the front camera as a lifting and hiding function. The whistleblower said that when he opened the QQ mobile browser, the camera of the mobile phone suddenly rose out by himself, and he was suspected of being photographed or secretly recorded. This video quickly became a hot search on the internet that day, and caused strong dissatisfaction among netizens about the suspected sneak shots of mobile apps.

　　In this regard, the QQ browser team quickly issued an official statement, saying that there is indeed an action of raising the camera, but this is just that the APP wants to obtain the parameters of the camera in order to support the QR code scanning, and will not turn on the camera, let alone shoot or record, and explain the cause of the problem and the technical principle for this abnormal phenomenon. The statement also stated that the mobile QQ browser will not collect any privacy of users, and will optimize the user’s experience and experience.

　　Coincidentally, a few days later, some netizens reported that when using Baidu input method to search web pages in Baidu browser on mobile phone, the top of mobile phone showed that Baidu input method was recording. Similarly, the Baidu mobile phone input method team responded at the first time, saying that this phenomenon was caused by the optimization of voice microphone preheating, in order to speed up voice startup. He also said that Baidu input method will not record without the user’s consent at any time, nor will it collect privacy by any means.

　　For Tencent and Baidu’s statements, many netizens said that they did not sneak shots. Why did they start the camera? Why don’t you steal the recording? If the camera is not designed to be mechanically lifted, we are still unconscious of this problem; Some netizens questioned that even if the camera parameters are read for scanning the QR code as stated in Tencent’s statement, is it necessary to use the front camera?

　　The reporter contacted Tencent and Baidu through various channels, hoping to interview the relevant events. Tencent’s public relations staff declined after several detailed telephone conversations with reporters and learned the specific interview content, while Baidu made it clear that the official statement would prevail and refused the reporter’s interview.

　　Multi-user authorization of mobile APP routine is "agreed"

　　The successive incidents of mobile phone apps suspected of sneak shots have once again triggered public concern about the protection of personal information. Nowadays, mobile APP is like a double-edged sword, which brings convenience to our lives, but also lays a great security risk.

　　APP routine 1: automatically check the agreement

　　The reporter randomly downloaded a number of commonly used mobile APPs in the APP stores of Android and Apple phones, respectively, and found that after downloading the mobile APP, a line of fine print will be displayed at the bottom of its registration page to remind users that they need to read and check the User Agreement and Privacy Policy before using the app, and they can only be used normally after being authorized successfully. Many apps are automatically set to checked and default consent status without waiting for users to read.

　　APP routine 2: the user agrees to authorize when logging in.

　　Some apps are marked at the bottom of their registration page, and users only need to log in to indicate authorization. These mobile apps either require users to agree to share personal information with third parties in the privacy policy, or simply use third-party software to log in, and provide multiple third-party platforms such as WeChat and Weibo on the login page. In order to save trouble, users usually click on the third-party platform to log in quickly, but unconsciously choose the default authorization.

　　APP routine 3: Explain that the words are too long and obscure

　　After clicking on the Privacy Policy and User Agreement of a variety of mobile apps, the reporter found that many instructions are not only lengthy but also obscure, which is time-consuming and laborious to read.

　　APP routine 4: indiscriminate use of personal information has become a common phenomenon

　　The reporter’s investigation found that at present, the APPlication rights of mobile APP generally involve a number of personal information, including reading location, phone number, camera, SMS, address book, microphone, sports data, body sensor and other sensitive information. Once these rights are agreed, it means that the app can read relevant information at any time without user’s confirmation, which also explains why users start the camera and recording function when using mobile apps such as QQ browser and Baidu input method. Once the user refuses the authorization of some so-called core information, he can’t use the APP normally. For example, when using Sina Weibo, the user must agree to telephone authorization, which includes the right to read the user’s call records, otherwise it cannot be used; When using Baidu mobile phone input method, the application reminds users that they may collect all the words of users, including personal data such as passwords and credit card numbers.

　　According to the Survey Report on the Protection of Internet Users’ Rights and Interests in China 2016 released by internet society of china, from the second half of 2015 to the first half of 2016, the economic losses suffered by Chinese Internet users due to spam messages, fraudulent information and personal information disclosure reached 91.5 billion yuan.

　　Expert: Combating information leakage needs to be severely punished.

　　As early as 1995, the European Union promulgated the Directive on the Protection of Personal Data, and on May 25th this year, the European Union promulgated the most stringent General Data Protection Regulation, which stipulated that data controllers and processors providing services to European users could be fined up to 20 million euros or 4% of the global turnover in the last fiscal year in case of serious illegal data processing. Take Google as an example. In 2017, Google’s total global revenue was $110.8 billion. Assuming that it leaked users’ personal privacy and other illegal acts, the EU could impose a maximum fine of more than $4.4 billion on Google. In China, if an individual illegally obtains other people’s privacy, such as stealing photos, etc., according to the Law on Public Security Administration Punishment, if the circumstances are serious, he will be detained for more than 5 days and less than 10 days, and 500 yuan will be fined: if a business entity leaks personal information, he will be fined up to 1 million yuan according to the Cyber Security Law.

　　On August 20th, China Internet Network Information Center (CNNIC) released the 42nd Statistical Report on Internet Development in China. As of June 30, 2018, the number of netizens in China reached 802 million, and the Internet penetration rate was 57.7%.

　　The amount of basic resources has increased steadily, and the application of resources has maintained a growing trend.

　　As of June 2018, the number of IPv6 addresses in China was 23,555 /32, an increase of 0.53% in half a year. Since the release of the Action Plan for Promoting the Scale Deployment of Internet Protocol Version 6 (IPv6) in November 2017, China’s operators have basically been able to support IPv6 at the network level, and are promoting the transformation from network capability to application popularization. China’s international export bandwidth is 8,826,302Mbps, with a half-year growth rate of 20.6%. Internet users have faster Internet access, better quality of cross-border roaming calls and better network quality. At the same time, mobile Internet access traffic and the number of apps both achieved significant growth in the first half of 2018.

　　The number of netizens in China exceeds 800 million, and the popularization of the Internet has achieved remarkable results.

　　As of June 2018, the number of netizens in China reached 802 million, and the Internet penetration rate was 57.7%. In the first half of 2018, there were 29.68 million new netizens, an increase of 3.8% over the end of 2017; The number of mobile phone users in China is 788 million, and the proportion of netizens accessing the Internet through mobile phones is as high as 98.3%. China’s Internet infrastructure construction has been continuously optimized and upgraded, and network poverty alleviation has become a way of precise poverty alleviation. The steady implementation of the policy of speeding up and reducing fees has promoted the significant growth of mobile Internet access traffic, and network information services have developed in the direction of expanding network coverage, increasing speed and reducing fees. Transportation, environmental protection, finance, medical care, home appliances and other industries have deepened their integration with the Internet, and Internet services are characterized by intelligence and refinement.

　　The utilization rate of Internet financial management has improved significantly, and the market has developed in a standardized and orderly manner.

　　The utilization rate of Internet wealth management in China increased from 16.7% at the end of 2017 to 21.0% in June 2018, and the number of Internet wealth management users increased by 39.74 million, with a half-year growth rate of 30.9%. The scale of Internet wealth management users in China continues to expand, and netizens’ wealth management habits are gradually cultivated. The asset management business breaks the rigid redemption to effectively reduce the business risks of financial institutions and reduce regulatory arbitrage. At the same time, it further promotes institutions to actively improve their management capabilities and accelerate the transformation of Internet capital-guaranteed wealth management products into net-worth wealth management products. The slowdown in the issuance of money funds has promoted the development of the Internet financial management market in a reasonable and standardized direction.

　　The integration of e-commerce and social applications has deepened, and the usage rate of mobile payment has maintained growth.

　　As of June 2018, online shopping users and users who use online payment accounted for 71.0% of the total netizens in China, and online shopping and Internet payment have become applications with a high proportion of netizens. On the one hand, e-commerce, social applications and digital content are integrated with each other, and the social e-commerce model has expanded e-commerce business. On this basis, e-commerce has maintained a stable development as a whole, playing an important role in coordinating supply-side structural reforms, stimulating employment, and helping rural revitalization; On the other hand, the vast majority of payment institutions are connected to the Internet, which improves the transparency of funds and the security of online payment, and the proportion of mobile payment users reaches 71.9%.

　　Internet entertainment has developed healthily, and short video applications have risen rapidly.

　　In the first half of 2018, the demand for online entertainment market was strong, and corresponding policies were introduced to encourage and guide the healthy development of Internet entertainment ecology. Original works of online music have been supported, users of online literature have diversified reading methods, and the trend of diversification of online game types and quality of game content is obvious. Short video applications have risen rapidly, and 74.1% of netizens use short video applications to meet the fragmented entertainment needs. At the same time, the content of online culture and entertainment has been further standardized, the copyright environment of online music and literature has been gradually improved, the illegal content in online games has been rectified, the video industry has built a content-centered ecosystem, and the live broadcast platform has entered a stage of refined operation.

　　Shared travel users grew rapidly and market resources were further integrated.

　　In the first half of 2018, 30.6%, 43.2% and 37.3% netizens used bike-sharing, reserved taxis and reserved special cars/express trains respectively, and the number of users increased by 11.0%, 20.8% and 26.5% respectively compared with the end of 2017. The bike-sharing market has returned to the multi-strong competition pattern from the top two at the end of 2017. Bicycle companies have tried to expand their revenue sources in various ways and started to provide deposit-free services to avoid risks. Cross-border integration has occurred in the network car industry, and platform enterprises have made a comprehensive layout around the field of travel services, starting from a single business to a platform-based ecological expansion.

　　Nearly 60% of netizens use online government services, and the intensive process of government websites has accelerated.

　　As of June 2018, the number of online government service users in China reached 470 million, accounting for 58.6% of the total netizens, and 42.1% of netizens obtained government services through Alipay or WeChat city service platform. First of all, the government actively introduced policies to promote the online development of government affairs, break through information barriers, build an integrated online service platform for the whole process, and build a service-oriented government that the people are satisfied with; Secondly, the degree of intensification of government websites at all levels has improved significantly, with a total of 19,868 government websites nationwide, a decrease of 70.1% compared with the first census in 2015; Finally, party and government organs and mass organizations at all levels actively use Weibo, WeChat, client and other new media to release government information, respond to social concerns, promote collaborative governance, and constantly improve the level of local government information disclosure and online service.

　　Important progress has been made in emerging technologies in the information field, and industrial applications have been steadily advanced.

　　In the first half of 2018, China’s emerging technologies in the information field, such as quantum information technology, communication between heaven and earth, brain like computing, artificial intelligence, supercomputers and industrial Internet, developed well. China has a layout in quantum chips, quantum programming and quantum software. The integration process of information network between heaven and earth has been accelerated; Brain like computing chip products with independent intellectual property rights were launched; Artificial intelligence online retail stores, family and children’s education, old-age care, housework, medical health, investment risk control and other scenarios quickly landed; Supercomputers have made breakthroughs in self-control, peak speed, continuous performance and green indicators; Enterprise information systems have further migrated to cloud platforms, and industrial Internet platforms have developed rapidly.