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Heduo Technology won the financing of 100 million yuan from Sequoia, and will deploy parking service in 400 parking lots within 2 years | Titanium News.

Ni Kai, founder of Heduo Technology

Titanium Media News | December 14th news:Titanium media learned that the self-driving startup Heduo Technology has completed the A round of tens of millions of dollars financing, with sequoia capital china leading the investment and Oceanwide Investment following the investment. The original investors Siweituxin, IDG Capital and BAI (Bertelsmann Asia Investment Fund) continue to increase their holdings.

Ni Kai, founder and CEO of Heduo Technology, said that Heduo Technology is committed to building an autonomous driving scheme based on cutting-edge artificial intelligence technology and automobile industry technology, and promoting the application of autonomous driving as soon as possible. This round of financing will be mainly used to increase investment in technology research and development, and accelerate the landing of the self-driving mass production solution independently developed by the company.

Compared with ordinary self-driving entrepreneurs, as a "veteran", Ni Kai obviously has a more clear and pragmatic plan for the company’s research and development direction and development path. At the beginning of the establishment of Heduo Technology, Ni Kai announced a clear and unique development route: at this stage, the company aims to realize the industrialization of autonomous driving technology, focusing on two major application scenarios: expressway and parking service.

Established more than a year ago, the team developed HoloPilot, an expressway autopilot solution, and HoloParking, an intelligent parking service autopilot solution, and reached in-depth cooperation with many host manufacturers and Tier 1 suppliers. Among them, the landing plan of HoloParking has been put on the agenda:

It is expected that from 2019, the "last mile" demonstration operation project will be carried out in cooperation with Shanghai Automobile City; By 2020, HoloParking will land in at least 400 parking lots in 20 cities by joining hands with partners such as Parking Simple and Velodyne.

According to Ni Kai, the founder of Heduo Technology, unlike most parking assistance functions on the market, HoloParking does not require the driver to drive the vehicle next to the parking space. The driver can get off at the gate of the parking lot, and the vehicle can find the parking space and park independently, without being watched. When picking up the car, the owner can also remotely start the HoloParking system, so that the vehicle can park itself and drive to the boarding place. In other words, the owner can complete the whole process of parking and picking up the car without entering the parking lot.

Ni Kai believes that the value of this product is that it can really save time and energy for car owners in all weather and all scenes, which requires the support of three major capabilities: intelligence, robustness and landing.

According to Ni Kai, the conventional thinking of the industry is to take the car as the only carrier to realize autonomous driving, but the pure car-end solution can not meet the three requirements of intelligence, robustness and landing at the same time. The method of Heduo Technology is to introduce the field terminal and high-precision map terminal into HoloParking system, and form a set of "three-terminal integration" scheme together with the vehicle terminal.

The application scenarios of autonomous driving include urban self-driving taxis, high-speed trunk transportation, terminal transportation and transportation in special scenes such as mining areas and ports, etc. Among them, Level4 self-driving taxis are considered to have the largest market space, but they are limited by regulations and technologies, and the landing period is long. Therefore, many autonomous driving projects locate the landing direction in other limited scenarios.

Heduo Technology’s trunk transportation and parking service are the popular landing scenes. In trunk transportation, players such as Tucson Future, Zhijia Technology, Yinche Technology and Shiqiao Logistics have flooded into the scene. In parking service, Yushi Technology, which was established earlier, has also reached a cooperation with Gofun, a shared travel project owned by Shouqi Car.

The real landing of autonomous driving in a limited scene requires not only the stability of technology, but also strict cost control. The lidar required by Level 4 is undoubtedly the key factor. Ni Kai said that in terms of sensors, Hedo has reached a strategic cooperation with laser radar supplier Velodyne, which will provide Hedo with priority procurement rights.

"We will work together to reduce costs. Heduo’s goal is to realize the cost of single parking space renovation of 2020 yuan." Ni Kai said.

It is understood that Ni Kai worked in Microsoft and Baidu Deep Learning Research Institute, founded Baidu driverless team from scratch, and led the team to complete the first road test of Baidu unmanned vehicle. In June 2017, Ni Kai founded Heduo Technology, which attracted wide attention from the industry at that time. Only one month after its establishment, Heduo Technology announced that it had obtained tens of millions of dollars of angel round financing.

In addition, the comprehensive strength of Heduo technology team is also outstanding. This team is one of the few teams in the industry with full-stack autonomous driving research and development capabilities. The number of doctors and masters is over 90%, and most of them have worked in autonomous driving technology companies or automobile manufacturing enterprises such as Baidu, BMW, Mercedes-Benz, Bosch and Garmin.

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Today’s headlines | Can a new generation of Tang dynasty open the "Zhenguan rule" of BYD dynasty?

Special statement: The above contents (including pictures or videos, if any) are uploaded and published by users of the media platform "Netease", and this platform only provides information storage services.

Notice: The content above (including the pictures and videos if any) is uploaded and posted by a user of NetEase Hao, which is a social media platform and only provides information storage services.

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New brand accelerates "recruiting" Geely wants to use Volvo to "turn over"

"The headhunting company is still digging people, which is more urgent!" On March 24th, Xin Chen (pseudonym), a veteran who works for a joint venture car brand, told the reporter of China Business News, "According to the headhunting company, Geely is setting up a new company and investing heavily to build a brand-new car brand."

But what is puzzling is, what kind of company will this be? What is the relationship between this company and Volvo Cars? And what is the goal of Li Shufu, chairman of Geely Holding Group? With a series of questions, the reporter found that the CMA platform product jointly built by Geely and Volvo (a brand-new vehicle platform jointly developed by Volvo Car and its parent company Geely Group) is progressing steadily. In order to make the products developed on this platform put on the market smoothly, Geely is making a final sprint, and Geely’s above recruitment move may be related to this platform.

New products will be launched in 2016

The reporter learned that Geely’s recruitment stems from the fact that before the Spring Festival, the recruiters targeted the personnel of "ABB" and other car companies. The recruitment information released by headhunting companies also involves positions such as human resources director and engineer. In contact with headhunting companies, Xin Chen learned that many senior positions have been finalized on the eve of the Spring Festival.

"(Geely) will not form a new company with Volvo, but it will indeed set up a brand new brand. (This brand) will run in the form of a business unit. " On March 25th, Yang Xueliang, spokesman of Geely Holding Group, told reporters: "The recruitment that Geely is implementing is actually a preparation for CMA platform products."

From this point of view, the reason why Geely accelerated its recruitment at this time is because its new CMA platform product jointly developed with Volvo has entered the sprint stage of production. An insider of Geely Automobile said that the factory producing CMA platform products is under construction, and the new products will be officially launched in 2016, and the products will be launched in the above new brands.

It is reported that in September 2013, Geely-Volvo Joint R&D Center started trial operation in Sweden, which is mainly responsible for the development of CMA modular platform. In the future, the application of the platform can not only realize the modular production of vehicle models, thus reducing the manufacturing cost, but also control the weight of the car body, further achieving the purpose of reducing the weight of new cars. In the future, the CMA platform will mainly produce the models of Volvo brand that are positioned in the compact market, and can be extended to the field of small cars. As the other party to jointly develop the CMA platform, Geely Automobile will also share the platform with Volvo Cars.

According to the information initially disclosed by Geely, the R&D center will recruit 200 engineers by the end of 2014. But by the end of 2014, the R&D center had hired 400 engineers. And the recruitment of personnel is still expanding.

According to overseas media reports, Hanken samuelson, President and CEO of Volvo Car Group, said that the first model of Volvo based on CMA platform will be XC40, which will be launched in 2018. In 2019, Volvo will launch a new generation of V40 hatchback and a new compact car S40 based on CMA platform.

According to the information disclosed by Geely at present, its Geely brand model based on CMA platform will be introduced to the market two years earlier than Volvo brand. Yang Xueliang said that Geely’s products built on the CMA platform will include A-class cars and B-class cars. In 2016, Geely will launch a brand-new A-class car.

Conflict suspense

The upcoming production of Geely’s new products means that Volvo’s technical contribution to Geely Automobile has entered a new stage. However, the outside world has also noticed that Geely and Volvo’s new products originate from the CMA platform. Will this cause conflicts between the two products in the market?

For such questions, Geely and Volvo are actually ready. Earlier, in an interview with the media, Hanken samuelson said that although Geely and Volvo use the same platform, the products made by Geely brand based on CMA platform will be completely different from Volvo. He stressed: "The relationship between Volvo and Geely is like the relationship between Audi and Skoda."

In fact, after Geely acquired Volvo, Li Shufu also constantly stressed that Geely is Geely and Volvo is Volvo. Geely and Volvo are well aware that Geely and Volvo cannot be confused, and independent operation can benefit both brands.

It is based on this definition that after Geely acquired Volvo, Volvo’s brand image in the luxury car market was not hurt. The data shows that in 2009, Volvo’s global sales volume was only 330,000, but by 2014, Volvo’s global sales volume reached 465,900, setting a record high. At the same time, in 2009, Volvo sold 22,000 vehicles in China, and by 2014, this figure has also increased to 81,000 vehicles.

Zhang Zhiyong, a well-known commentator in the automotive industry, believes that with the help of Volvo’s technology, Geely has promoted the establishment of CMA platform and the research and development of brand-new products, and recruited automotive talents around the world to make the team create a more popular brand. This shows that after the acquisition of Volvo, Geely’s development ideas have been very clear.

The market is urgent

"The conditions they open are not like the practices of domestic independent brand car companies!" Xin Chen, who has worked in a joint venture car company for nearly ten years, said, "In order to dig up outstanding talents faster, Geely’s treatment and conditions are even higher than many joint venture car companies."

Obviously, Geely, who is eager to launch a sprint, has been a little anxious, hoping to reserve a good team for the upcoming new models through high salaries.

In 2014, Geely Automobile, which once grew rapidly, encountered a bottleneck in its development. Data show that in 2014, Geely Automobile sold a total of 425,773 vehicles, a decrease of 22.50% compared with 2013. As a car company with the largest year-on-year decline, Geely Automobile directly fell from the second place in the sales volume of independent car companies in 2013 to the fifth place. For Geely, in order to completely reverse the situation, the new Geely model based on CMA platform needs to join the "Geely Legion" as soon as possible.

Zhang Zhiyong said that Geely’s acquisition of Volvo not only promoted Geely’s brand, but also provided opportunities for Geely to acquire some key automotive technologies. It is understood that from the date of completion of the acquisition, Li Shufu, chairman of Geely, began to take a series of measures to promote technical cooperation and synergy between Geely Automobile and Volvo Automobile.

As early as 2012, Geely and Volvo signed a technical cooperation agreement, and the two sides will actively promote the joint development of small-displacement, high-performance, environmentally-friendly series engines, environmentally-friendly small car platforms, and new energy vehicle assembly system technologies such as electric vehicles, hybrid electric vehicles and plug-in hybrids.

With the introduction of Volvo technology, Geely has also begun to taste the sweetness. At present, new models and modified models developed on Geely’s existing platform all use Volvo technology to varying degrees. The new Geely car Borui, which will be launched in April 2015, was jointly developed by the Geely European R&D Center CEVT (Geely -VOLVO Joint R&D Center) and Geely Research Institute, using some Volvo technologies.

Some insiders believe that with the launch of the new CMA platform products, Geely will be in a favorable position in the competition of domestic independent brand models. However, it is not clear whether Geely can get what it wants when domestic independent brand car companies are accelerating their development and their independent market share is gradually shrinking.

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It doesn’t matter whether Hua Xizi is a "domestic product" or a "foreign brand".

The discussion of Hua Xizi should not be limited to the anchor.

The continuous fermentation of the Li Jiaqi incident not only caused the sales of Huaxizi to drop, but also put the brand itself in the spotlight. A topic of "Huaxi’s foundry is a Japanese-funded enterprise" has also recently boarded a hot search in Weibo.

Confirmed by Investor. com, a considerable part of Huaxi’s suppliers (foundries) are indeed foreign-funded backgrounds. Nevertheless, it still can’t change Hua Xizi’s status as a "domestic product", and it’s hard to hide the fact that the employees of foreign-funded foundries are all from China.

The rise of live broadcast with goods is a game of making money, so Li Jiaqi, Viya and other head anchors can actually gain control over the sales channels. For consumer goods, channels are too important. But consumers care more about whether domestic products can stand up than what Li Jiaqi said.

What percentage of foreign capital is "concentration"

From the perspective of ownership structure, Hua Xizi’s status as a "domestic product" is beyond doubt. Enterprise investigation shows that its sole shareholder is Zhejiang Yige Beauty Cosmetics Group Co., Ltd., and Zhang Dayong, executive director and general manager of the company, and Wu Chenglong, supervisor, are also from China.

The "Japanese-funded foundry" of Hua Xizi questioned by netizens is indeed true. Not only that, but after combing the product information of the top 10 and top-ranked products in the flagship store of Huaxizi Tmall, Investor.com found that more than half of the producers of these products are foreign investors.

The foundries of Shouwu Eyebrow Pencil, Air Honey Powder, Silk Honey Powder and Flower Dew Cleansing Wet Wipes are: Shanghai Chuangyuan, Shanghai Zhenxin, Shanghai Ourun and Hangzhou Huaningxiang. The manufacturers of these products are all domestic-funded enterprises, and Hangzhou Huaningxiang, the manufacturer of makeup remover wipes, may be Huaxi’s own production capacity.

In the foreign investment part, we should first look at Hua Xizi’s makeup set, whose sales volume itself is low, but because of the topicality at the beginning of listing and the design sense of the product itself, Hua Xizi put it at the top of the list. According to the product information on Tmall, its manufacturer is Suzhou Annokos Cosmetics R&D Co., Ltd. (hereinafter referred to as "Annokos").

The largest shareholder of Anokos is Axilong Shunhua Aluminum Plastic Industry Co., Ltd., holding about 87.5%, while the latter’s major shareholder is a subsidiary of Spain Axilong Metal Co., Ltd., holding about 60%. In addition, two Korean shareholders hold about 12.5% of the shares. Generally speaking, foreign capital accounts for more than 50% of the shares in Annokos.

It doesn't matter whether Hua Xizi is a "domestic product" or a "foreign brand".

It doesn't matter whether Hua Xizi is a "domestic product" or a "foreign brand".

The Japanese manufacturer Dongse Daily Chemical mentioned in the hot search produces a four-elephant balanced skin-sticking liquid foundation. The manufacturer is wholly owned by Japan Dongse Cosmetics Co., Ltd.; Koma Cosmetics, the manufacturer of Yurong Yunsha sunscreen makeup cream, is a wholly-owned Korean enterprise; Lixin Biotechnology Cosmetics, the manufacturer of Yurong Ningzhi Makeup Powder, is a Hong Kong-funded enterprise.

In addition, Kesimeishi, a manufacturer of products such as Jade Girl Peach Blossom Light Honey Powder, was established in 1992 and has a long-standing reputation in the beauty OEM industry. It is also a Korean enterprise. It is worth mentioning that this foundry also established Shanghai Yige Ningxiang Biotechnology R&D Co., Ltd. together with Hangzhou Huaningxiang Biotechnology Co., Ltd. behind Huaxizi.

It doesn't matter whether Hua Xizi is a "domestic product" or a "foreign brand".

Moreover, Cosme also invested in Perfect Diary Cosmetics (Guangzhou) Co., Ltd. and Yixian Biotechnology (Guangzhou) Co., Ltd., both holding 51% of the shares, which is also deeply related to Perfect Diary.

The above 11 products involve 9 manufacturers, among which 5 are foreign-funded manufacturers. Huaxizi itself is a domestic product, but the proportion of foreign investment in its cooperative foundries is indeed not small.

Channel dependence needs to be broken

For consumer goods, sales channels are always a problem that enterprises need to pay attention to.

In particular, the light-asset beauty brands such as Huaxizi, Tangduo and Perfect Diary, apart from focusing on enhancing brand value through marketing means, lack of online sales channels has always been the fate of these brands.

After Li Jiaqi’s "accident", Hua Xizi’s problem was obviously magnified. Hua Xizi was established in 2017, and the cooperation with Li Jiaqi began in 2019. Since then, Hua Xizi’s fame and sales have been closely linked with this man.

In April 2019, Hua Xizi launched a "micro-carved star dome carved lipstick". After the promotion of this product in Li Jiaqi the following month, the sales increased to 5.948 million yuan, up 165% from the previous month. Although this lipstick bears the label of "flashy" and "reluctant to use", its sales volume has increased rapidly. By November of that year, its sales volume increased to 23.952 million yuan.

Li Jiaqi also became Hua Xizi’s "chief recommender" in September of this year. In 2020, the cooperation between the two companies will become more intensive. The Huaxi sub-brand entered the live broadcast room in Li Jiaqi 71 times, with an average of 5 times a month, and the number of cooperation in May of that year was as high as 10 times. In 2019, the sales of Huaxizi was about 1.5 billion yuan, which exceeded 3 billion yuan in 2020 and 5.4 billion yuan in 2021.

According to the data of Foresight Economist, in 2020, more than 30% of Huaxi’s traffic will come from Li Jiaqi’s live broadcast room and Tik Tok, and Li Jiaqi’s contribution to Huaxi’s GMV will even exceed 60% in such critical periods as various shopping festivals. In February, 2020, 80% of Huaxi’s sales came from online, and 40% of them came from the live broadcast room in Li Jiaqi.

According to the data from October 10th to November 9th, 2019, the average daily live broadcast of Hua Xizi in Taobao is about 200, but only the live broadcast in Li Jiaqi can bring the peak of sales.

It doesn't matter whether Hua Xizi is a "domestic product" or a "foreign brand".

The "Matthew effect" in the anchor group with goods in the head is a cliche, and this ending has its inevitability. After the MCN organization ran out several head anchors in the early days by casting a wide net, these heads themselves have become a "famous brand" with strong endorsement ability. With a huge number of fans, they can get the source of the head brand and talk about the lowest discount on the whole network.

Few consumers can resist the "triple whammy" of head anchor endorsement+well-known brand products+the lowest price of the whole network, and the solid guarantee of sales volume also makes the brand side more inclined to choose the head anchor. This kind of channel monopoly, which is difficult to define and exists objectively, is formed, so that it is difficult for the platform to break this monopoly by transporting traffic to KOL and even KOC.

What Hua Xizi has to face today is that Li Jiaqi made a mistake and the public relations department resigned, while his own offline channel is still in its infancy. On December 19, 2022, Hua Xizi opened the first offline store near the West Lake in Hangzhou, but there is still no exact news about the subsequent store opening plan.

As of January, 2023, there were about 20 offline stores in China. By the end of 2022, there were 158 stores of Perfect Diary.

Are all fellow travelers

To some extent, Perfect Diary, Huaxizi and Tangduo are all fellow travelers. They were born at the end of the blowout era of the Internet industry, but they got on this express train after all. Xiaohongshu, Tik Tok, Taobao live broadcast, these are the explosion points of new e-commerce. On these platforms, new brands have the opportunity to stand on the same starting line as old brands.

The fastest runner is Perfect Diary, and its parent company Yixian E-commerce successfully landed in the US stock market.

In January 2019, Perfect Diary opened its first offline store in Guangzhou. After listing, Yixian E-commerce also indicated that it will use 30% of the raised funds to support business growth and expansion, including increasing the number of offline stores. In terms of its own production capacity, in August 2023, the first factory of Yixian E-commerce was officially put into operation. The partner of the project was Kosmet, with Yixian E-commerce holding 49% and Kosmet holding 51%.

It is worth mentioning that Kosmet also has similar cooperation with Hua Xizi.

In terms of R&D, in recent years, the R&D investment of Yixian E-commerce has been maintained at a high level, and 30% of the listed funds have been used to seek potential M&A targets. Yixian E-commerce has also intensively acquired a number of high-end skin care brands before and after listing. After receiving the delisting warning from NYSE in April, 2021, the company also said that the beauty industry as a whole will shift from channel bonus-driven to product and brand-driven stage, which will increase investment in skin care and makeup products.

During the channel bonus period, domestic brands only need to pull up a team, build a brand and contact a group of foundries, so it is easy to make high sales with the help of channel bonus, and even get a high valuation in the primary market. However, after all, the foundry is an "industry bus", and the beauty products themselves lack a moat. Under the light asset game, competitors will emerge at any time.

Yixian e-commerce has almost stepped out of the growth path of an online beauty brand with light assets, which can be summarized as: starting online, opening offline stores, building self-built production capacity and making skin care products.

Judging from the current known information, Yixian e-commerce is taking the fourth step, and Tangduo has just begun to take the second step. From the point of view of opening a store under the Huaxi Sub-line and cooperating with Cosmis, it may be taking the second and third steps at the same time.

Skin care products have higher technical content and naturally have more profit space. Looking at the big brands on the market at present, they may also have a considerable number of products from foundries, but in terms of skin care, they all have their own "housekeeping formula".

No matter what consumers think of an inflated anchor, one thing is certain: they all hope that domestic brands can really stand up.

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[Early know] A new round of large-scale conflict broke out between Palestine and Israel; Main market performance during the long holiday: China’s assets generally rose, and international oil prices fe

abstract

Hot spot focusing

1. The spokesman of the Ministry of Commerce answered a reporter’s question on the inclusion of some China entities in the export control "entity list" by the US Department of Commerce.
A spokesman for the Ministry of Commerce answered a reporter’s question on the inclusion of some China entities in the export control "entity list" by the US Department of Commerce.
A reporter asked: On October 6, 2023, US Eastern Time, the US Department of Commerce announced that some Russian entities were included in the "list of entities" for export control. What is China’s comment on this?
A: China has noticed the relevant situation. In a short time, the United States once again listed some Russian enterprises in the "entity list" of export control on the grounds of so-called involvement in China. The United States has generalized national security, abused export control measures, and arbitrarily imposed unilateral sanctions and "long-arm jurisdiction" on China enterprises. This is a typical act of economic coercion and unilateralism, which China resolutely opposes.
The United States should immediately correct its wrong practices and stop its unreasonable suppression of China enterprises. China will take all necessary measures to resolutely safeguard the legitimate rights and interests of enterprises in China.
2. Shanghai and Shenzhen Stock Exchanges: At this stage, the time for T+0 trading in the A-share market is not mature.
Relevant person in charge of Shanghai and Shenzhen Stock Exchanges answered questions from reporters. Q: Recently, it has been reported from the media that the trading hours of A shares will be extended after the holiday, and T+0 trading will be tried out on some stocks. How do you comment on this? A: We are concerned about the above rumors, and the relevant contents are not true. On August 18th this year, when answering a reporter’s question on activating the capital market and boosting investors’ confidence, the relevant person in charge of the CSRC proposed to study the appropriate extension of the trading hours in the A-share market. This work involves a wide range and has a great influence. The Exchange is conducting in-depth research and demonstration in accordance with the unified deployment of the CSRC. In addition, the relevant person in charge answered the reporter’s question in the early stage and made it clear that the time for T+0 trading in the A-share market at this stage is not mature.
3. Zhejiang Guoxiang IPO Sudden Brake Shanghai Stock Exchange will carry out special verification.
Near the subscription date, Zhejiang Guoxiang (603361)IPO pressed the pause button. The Shanghai Stock Exchange also paid close attention to this matter, saying that it would conduct a special inspection on Zhejiang Guoxiang. On the evening of October 7, Zhejiang Guoxiang announced that due to relevant media reports, in order to effectively protect the interests of investors, the issuer and the lead underwriter decided to suspend the follow-up issuance work until the relevant matters were verified and clarified. The estimated issuance schedule disclosed in the original Announcement on Issuance Arrangements and Preliminary Inquiry will be adjusted. Zhejiang Guoxiang was originally scheduled to purchase on October 9th (T-day) after the National Day. In answering a reporter’s question, the Shanghai Stock Exchange said that recently, there have been media concerns about the existence of the same asset secondary listing and high issuance pricing in Zhejiang Guoxiang. In this regard, the Exchange said that it has paid attention to relevant reports. The relevant information reflected from the media has been paid attention to in the audit and a special inquiry has been made. At present, Zhejiang Guoxiang has suspended the IPO issuance process.
In April and September, the purchasing managers’ index of China’s manufacturing industry was 50.2%, up 0.5 percentage points from last month.
In September, the purchasing managers’ index (PMI) of China’s manufacturing industry was 50.2%, up by 0.5 percentage point from the previous month. After running below 50% for five consecutive months, it returned to the expansion range. At the same time, the index rose for four consecutive months, and the chain-on-chain increase rate continued to expand, indicating that the economic recovery situation is getting better. Among the 21 industries surveyed, the purchasing managers’ index of 11 industries is above the critical point, two more than last month, and the manufacturing boom has expanded.
5. China’s foreign exchange reserves in September were US$ 3,115.1 billion, down US$ 45 billion from the end of August.
According to the statistics of the State Administration of Foreign Exchange, by the end of September 2023, China’s foreign exchange reserves stood at $3,115.1 billion, down by $45 billion or 1.42% from the end of August. In September 2023, influenced by the monetary policies and expectations of major economies, macroeconomic data and other factors, the US dollar index rose and the global financial asset prices generally fell. The scale of foreign exchange reserves decreased in the month due to the combined effects of exchange rate conversion and asset price changes. The overall recovery of China’s economy is improving, and the solid progress of high-quality development is conducive to the continued stability of the scale of foreign exchange reserves.
6. Many data of long holiday travel have exceeded that before the epidemic.
According to the Ministry of Culture and Tourism, during the Mid-Autumn Festival and National Day holidays in 2023, the cultural and tourism industries recovered strongly, and the national holiday market was stable and orderly. According to the data center of the Ministry of Culture and Tourism, during the eight-day Mid-Autumn Festival and National Day holiday, the number of domestic tourists was 826 million, an increase of 71.3% year-on-year according to comparable caliber, and an increase of 4.1% compared with 2019 according to comparable caliber; Domestic tourism revenue reached 753.43 billion yuan, up 129.5% year-on-year according to comparable caliber, and up 1.5% compared with 2019 according to comparable caliber.
7. Passenger Association: It is estimated that the wholesale sales volume of new energy passenger car manufacturers in September will be 830,000, a year-on-year increase of 23%.
The Federation comprehensively estimated that the wholesale sales volume of new energy passenger car manufacturers in September was 830,000, a year-on-year increase of 23% and a quarter-on-quarter increase of 4%. According to preliminary estimates, from January to September this year, 5.92 million vehicles were wholesale, up 36% year-on-year. The Federation predicts that in 2023, the sales volume of new energy passenger cars in China will be 8.5 million, and the sales volume of narrow sense passenger cars will be 23.5 million. The annual penetration rate of new energy vehicles is expected to reach 36%. The current operation state is basically consistent with the forecast.
8. State Administration of Taxation: Departments in charge of official vehicles at all levels should increase the use of new energy vehicles.
From September 26th to 27th, the State Administration of Taxation held a site meeting on the promotion of new energy vehicles and a national symposium on the management of official vehicles in xiong’an new area, Hebei. The meeting stressed that the competent departments of official vehicles at all levels should fully implement the policy requirements for the promotion of new energy vehicles, strengthen coordination with relevant industry authorities, improve supporting measures, and increase the use of new energy vehicles. It is necessary to pay attention to local conditions and classify policies, better coordinate geographical location, power types, urban-rural differences, and vehicle use, and actively and steadily promote the use of new energy vehicles.
9. National Film Bureau: National Day box office was 2.734 billion yuan.
According to the statistics of the National Film Bureau, the total box office of National Day movies in 2023 (from September 29th to October 6th) was 2.734 billion yuan, with 65.1 million people watching movies, and the domestic movie box office was 2.618 billion yuan, accounting for 95.78% of the market. The top five movies in the National Day box office were: Rock Solid, 883 million yuan, and Ex-4: Early Marriage, 6.
10. IATA: In August, air cargo demand increased year-on-year for the first time in 19 months.
On October 8, IATA’s regular data on the global air cargo market in August 2023 showed that the air cargo demand increased year-on-year for the first time in 19 months, with an increase of 1.5% compared with August 2022 according to the freight ton-km. The transportation capacity increased by 12.2% compared with August 2022. The strong growth of transportation capacity is attributed to the 30% year-on-year increase of abdominal cabin transportation capacity. Willie Walsh, president of IATA, said that PMI data is developing in a positive direction, and this signal is even more optimistic as it enters the traditional year-end peak season of air cargo.
11. Shenzhen: By 2025, the proportion of new energy and clean energy power vehicles will reach about 60%.
Shenzhen Municipal People’s Government issued the implementation plan of Shenzhen peak carbon dioxide emissions. Among them, it is proposed to promote the low-carbon transformation of transportation equipment. By 2025, the proportion of new energy and clean energy vehicles will reach about 60%, the number of new energy vehicles in the city will reach about 1.3 million, the number of LNG vehicles will reach more than 20,000, and the number of hydrogen fuel cell vehicles will reach about 2,000. By 2030, the proportion of new energy and clean energy vehicles will reach about 70%, and the number of new energy vehicles in the city will reach about 2 million.
12. Tesla reduces the price of some models in the United States.
On October 6th, Tesla official website showed that Tesla reduced the price of some models in the United States, the price of Model 3 in the United States dropped from $40,240 to $38,990, and the price of Model Y long-life version in the United States dropped from $50,490 to $48,490.
13. Sudden change in the Middle East! The largest armed conflict broke out between Palestine and Israel in years.
On October 7th, local time, the Palestinian Islamic Resistance Movement (Hamas) announced that it would launch a military operation against Israel. It not only fired thousands of rockets, but also its armed personnel entered Israel and clashed with the Israeli army. The Israeli army responded by launching several rounds of air strikes in the Gaza.
14. The US non-farm payrolls data in September far exceeded expectations.
On October 6th, the U.S. Department of Labor announced the changes of non-agricultural employment population and unemployment rate data in September. In September, the number of non-farm employees in the United States increased by 336,000, a sharp increase from the expected 170,000, much higher than the 187,000 in August. This latest data undoubtedly shows the strength of the labor market in the United States, and the number of non-agricultural new jobs exceeding 300,000 is beyond the expectations of all Wall Street institutions. Previously, among large financial institutions, Citigroup gave the highest non-agricultural expectations, but it only added 240,000 people. Investors have more reason to believe that the Fed will maintain high interest rates and even raise interest rates further in the face of high inflation.
15. Major market performance during the long holiday: China’s assets generally rose and international oil prices dropped sharply.
During the A-share holiday, the overseas market represented by the interest rate of US bonds fluctuated obviously, and the global stock market remained volatile as a whole. At the same time, the US dollar index strengthened and the international oil price dropped sharply.
In terms of China’s assets, Hang Seng Index rose by 0.65%, Hang Seng Technology Index rose by 1.01%, Nasdaq China Jinlong Index rose by 0.34%, and A50 Index rose by 0.19%.
In terms of US stocks, the Nasdaq rose 1.74%, the S&P 500 rose 0.2% and the Dow fell 0.77%. In terms of European stocks, Germany’s DAX30 index fell 0.61%, France’s CAC40 index fell 0.79%, and Britain’s FTSE 100 index fell 1.41%. In the Asia-Pacific stock market, the Korean Composite Index fell by 2.29% and the Nikkei 225 Index fell by 2.75%.
In terms of commodities, gold and oil all showed a correction. London gold has been falling for nine trading days since September 25th. During the long holiday, it has fallen by about 2%, and COMEX gold has fallen by 1.84%. In terms of crude oil, NYMEX crude oil fell by 9.8% and ICE oil distribution fell by 9.31%.
16. The Beijing Stock Exchange revised the relevant guidelines and promoted the transfer in a safe and orderly manner.
On October 8, after soliciting opinions from all parties in the market, the Beijing Stock Exchange revised and issued the "Guidelines for Continuous Supervision of Listed Companies of Beijing Stock Exchange No.7-Transfer of Board" (hereinafter referred to as the "Guidelines for Transfer of Board"). According to the experts interviewed, with the official release of the "Transfer Guidelines" of the North Stock Exchange, the transfer listing of the North Stock Exchange will soon enter the practical stage, or it will promote the valuation repair of listed companies in the North Stock Exchange, enhance the liquidity of the secondary market of the North Stock Exchange, and attract more high-quality companies to go public in the North Stock Exchange. The North Stock Exchange said that the transfer mechanism involves the coordinated development of multi-level capital markets. This revision of the Guidelines for Transfer attaches great importance to the protection of investors’ rights and interests, and strives to form an orderly, standardized and normalized transfer arrangement.

Theme opportunity

1. Ask the new M7 to set a new high in a single day. The supply chain is expected to benefit.
According to the official news, the new M7 model of AITO has set a new one-day record during the Mid-Autumn National Day holiday. According to the latest official data, the car reached a "record high" on October 6, with a large number of 7000 vehicles. Since the car was officially listed, the cumulative number of large orders has exceeded 40,000. According to public information, the new M7 in Wenjie is equipped with Huawei ADS 2.0 advanced intelligent driving system, which can realize high-speed and urban intelligent driving without relying on high-precision maps. The new car is equipped with 27 sensing hardware, including 1 overhead lidar, 3 millimeter-wave radars, 11 high-definition visual sensing cameras and 12 ultrasonic radars, which supports parking service and ultra-narrow parking spaces in the park. In 2023, the sales volume of the world was less than expected for a long time, and the new M7 exceeded expectations to raise the market heat. There is room for exceeding expectations in the future, and related supply chains are expected to benefit. Related companies include Demais, Mingke Jingji and so on.
2, artificial intelligence chip track fiery giants set out to launch self-developed products.
According to foreign media reports, Microsoft plans to launch the first chip specially designed to support artificial intelligence (AI) at the Microsoft Ignite conference held in Seattle on November 14th. At the same time, OpenAI, the developer behind ChatGPT, which exploded this year, is exploring the manufacture of its own artificial intelligence (AI) chip and has begun to evaluate a potential acquisition target. It is also known that Amazon and Google have strategically integrated their artificial intelligence chips into their cloud business promotion activities. The analysis pointed out that this wave of AI was set off by ChatGPT, which triggered Chinese and foreign scientific and technological enterprises to pursue big language models and generative AI and an arms race for computing power. With the emergence of more complex and multivariate models, AI chips with high computing power will fully benefit. At present, although the popularity of generative AI and big models has cooled down compared with the beginning of the year, NVIDIA and other giants have given strong performance and future guidance, indicating that the industry is still investing more in the AI field on a large scale and is optimistic about the long-term development trend of AI. Related companies include Tongfu Microelectronics and Haiguang Information.
3. Huawei’s fully liquid-cooled overcharge station went online.
On October 4th, Huawei officially announced that the fully liquid-cooled overcharge station built by Huawei Digital Energy was officially launched in the southern Sichuan-Tibet line and along Litang and Aden highways, with a maximum output of 600kW and a maximum current of 600A, which is known as "one kilometer per second". The success rate of one-time charging is as high as 99%, and the charging range of 200-1000V matches all models, including passenger cars such as Tesla, Tucki, Ideality and commercial vehicles such as Cargo Lala. Liquid-cooled overcharge technology is based on the traditional air cooling technology, which introduces liquid cooling module to realize efficient heat dissipation and temperature control of equipment. At present, domestic brand car companies Weilai (500kW ultra-fast charging), Tucki (480kW single pile), Beiqi (480kW) and FAW (350kW) have all been overcharged, and liquid cooling technology has also become the technical layout direction of overcharge stations. Huaxi Securities said that the feedback of Huawei’s intelligent and electrified layout is good, which is expected to enhance the acceptance of smart platforms, liquid-cooled overcharges and other technologies by domestic consumers.

Company news

1. Evergrande Motor Co., Ltd.: Trading in the company’s shares will resume at 9: 00 am on October 9.
Evergrande Automobile: The company has applied to the Stock Exchange to resume trading in the company’s shares from 9: 00 am on October 9, 2023.
2. North Rare Earth: The transaction price of rare earth concentrate in the fourth quarter was adjusted to 20,536 yuan/ton excluding tax.
North Rare Earth (600111) announced on the evening of October 8, according to the pricing method of rare earth concentrate and the price of rare earth oxide in the third quarter of 2023, the transaction price of rare earth concentrate in the fourth quarter of 2023 was adjusted to 20536 yuan/ton (dry weight, REO=50%) without tax after calculation and approval by the general manager’s office, and the price without tax was increased or decreased by 410.72 yuan for every 1% increase or decrease in REO. The company will re-sign the Rare Earth Concentrate Supply Contract with Baotou Steel, and carry out related transactions of rare earth concentrates according to the newly signed contract.
3. Huayi Brothers: The operating income from "Previous 4: Early Marriage" is about 73.49 million to 95.45 million.
Huayi Brothers (300027) announced on the evening of October 8 that the film "Ex-4: Early Marriage" directed by its subsidiary was released in Chinese mainland on September 28, 2023. According to the data of the National Film Office, as of 24: 00 on October 6, 2023, the film was released in Chinese mainland for 9 days, and the cumulative box office income (that is, the cumulative total box office of the film) was about RMB 710 million (the final settlement data may be slightly wrong), which exceeded 50% of the operating income of the company’s audited consolidated financial statements in the latest fiscal year. As of October 6, 2023, the company’s operating income from the film was about 73.4882 million yuan to 95.4502 million yuan (there may be errors in the final settlement data). At present, the film is still in release.
4. China Eastern Airlines: It plans to purchase 100 C919 aircraft from Comac.
China Eastern Airlines (600115) announced on the evening of September 28th that the company signed the C919 Aircraft Purchase and Sale Agreement with Commercial Aircraft Corporation of China (hereinafter referred to as "Comac") and purchased 100 C919 aircraft from Comac. According to the central parity exchange rate of RMB against the US dollar (1 US dollar to 7.1798 RMB) announced by the People’s Bank of China on the signing date of this transaction agreement, the catalog price of 100 C919 aircraft purchased this time is about 71.08 billion RMB. The above 100 aircraft are scheduled to be delivered to the company in batches from 2024 to 2031.
5. Lotus Health: Xinhua San Information plans to deliver 330 NVIDIA H800GPU series computing servers to Lianhua Kechuang.
Lotus Health (600186) announced on the evening of September 28th that Lotus Kechuang, a wholly-owned subsidiary of the company, signed the Purchase Contract with Xinhua San Information, a subsidiary of Xinhua San Holdings, on September 27th. Both parties confirmed that under this purchase contract, Xinhua San Information delivered 330 NVIDIA H800GPU series computing servers (each server contains 8 GPUs) to Lianhua Kechuang, with a total contract price of 693 million yuan.
6. China Zhongmian Performance Express: The net profit in the first three quarters was 5.199 billion yuan, a year-on-year increase of 12.33%.
China Zhongmian (601888) disclosed the performance report on the evening of October 8: the net profit in the first three quarters was 5.199 billion yuan, up 12.33% year-on-year, and the revenue was 50.84 billion yuan, up 29.14% year-on-year. During the reporting period, the company paid attention to sustainability and pursued a balanced growth of scale and profit. In the first three quarters of 2023, the gross profit margin of the company’s main business continued to recover, which were 28.75%, 32.47% and 34.27% respectively.
7. Tomson Bianjian: The net profit in the first three quarters increased by 25% to 34%.
Tomson Bianjian (300146) announced on the evening of October 8 that the net profit in the first three quarters is expected to be 1.849 billion yuan to 1.979 billion yuan, an increase of 24.77% to 33.55% over the same period of last year. Benefiting from the increase in market demand for many categories of products brought about by the improvement of national health awareness, the company’s domestic and overseas income achieved rapid growth in the first three quarters.
8. Sunrise in the East: The estimated net profit in the first three quarters is 1.2 billion-1.38 billion, with a year-on-year increase of 61%-85%.
Oriental Risheng (300118) released its performance forecast on the evening of September 28th, and it is expected to achieve a profit of RMB 1.2 billion-RMB 1.38 billion in the first three quarters of 2023, an increase of 60.56%-84.65% year-on-year. Benefiting from the expansion of the company’s module production capacity, the increase of the scale of self-supplied batteries and the stabilization of the price of photovoltaic upstream supply chain, compared with the same period of last year, the sales volume of photovoltaic module products of the company increased, the sales gross margin increased, and the corresponding sales profit increased. In addition, this period, the company’s overseas battery component production base began to ship stably, which also had a positive impact on the company’s operating performance.
9. BYD: The sales volume in September was 287,500 units.
BYD (002594) announced on the evening of October 8 that it sold 287,500 vehicles in September, compared with 201,300 vehicles in the same period last year; In September, a total of 28,039 new energy passenger cars were sold overseas. In September, the total installed capacity of power batteries and energy storage batteries of new energy vehicles was about 14.348GWh, and the cumulative installed capacity in 2023 was about 100.931GWh.
10. Zhongding Co., Ltd.: Obtained the project designation of air suspension system products.
Zhongding Co., Ltd. (000887) announced on the evening of October 8 that AMK, a subsidiary company, has become a batch supplier of air supply unit assembly products for air suspension system of a new platform project of a head new energy brand main engine factory in China. The life cycle of this project is 5 years, and the total amount of life cycle is about 1.64 billion yuan.
11. China Chemical: The subsidiary signed a general contract of about 65.05 billion yuan for the chemical complex project of methanol from natural gas.
China Chemical (601117) announced on the evening of October 8 that recently, a wholly-owned subsidiary of the company signed a general contract with Russian Baltic Methanol Co., Ltd. for the chemical complex project of methanol from natural gas. The duration of this contract is 48 months, and the total contract amount is 8.4 billion euros, equivalent to about 65.05 billion yuan.
12. Xu Ji Electric: Pre-bid for the Fifth Equipment Bidding Procurement of State Grid UHV Project.
Xu Ji Electric (000400) announced on the evening of October 8 that the company had won the bid for the fifth equipment bidding procurement of the State Grid UHV project in advance, with an estimated bid amount of 611 million yuan.
13. Commodity City: Signed a strategic cooperation framework agreement with People’s Data, a platform of People’s Daily Online.
Commodity City (600415) announced on the evening of October 8 that the company signed a strategic cooperation framework agreement with People’s Data, a platform of People’s Daily Online, to carry out all-round and multi-level cooperation in data confirmation, data storage, data empowerment and data operation, and establish a long-term, stable and efficient communication mechanism to jointly create a trade data ecosystem.

calendar of finance and economics

Editor: Zhang Qian
Proofreading: Yao Yuan
These, users are watching.
Controversy! Venus commented on the hot search on "Rock Solid"! The box office has reached nearly 500 million, and the main producer is this A-share company.
Where are the institutions going this year? The total number of reception institutions of these hot stocks during the year has exceeded 2,000.
Second listing of the same asset? Suspend the issuance process, special inspection!
Will A shares extend trading hours after the holiday? The Shanghai and Shenzhen Stock Exchanges just responded!
The US Department of Commerce listed 42 China enterprises on the export control list! 753.43 billion yuan, the "Double Festival" consumption report card was released.
That’s outrageous! There is no direct supply to Tesla, and there is no customer sample delivery evaluation! The misleading statement of "4 Lianban" company, the chairman and sister bought accurately on the eve of the daily limit.
通过admin

Hangzhou drag racing case: the victim’s father applied for protest to talk about the "body double" incident.

> > > Enter the social channel


> > > enter the rule of law channel


News review:The Xihu District Court of Hangzhou responded to body double’s rumor: Hu Bin’s identity is undoubtedly confirmed.


  Zhongxin. com, Hangzhou, July 28th (Reporter Shuang Yuan, Chai Yanfei) The sensational "5.7" traffic accident case in Hangzhou had the first trial result, but the result did not end the incident. Parents of both sides first expressed unfairness to the court’s decision, and many netizens even expressed doubts about whether Hu Bin was body double at the trial. On 24th, Tan Zhuo’s father, Tan Yue, sent a protest application and a complaint to the procuratorate and the court. The Xihu District Procuratorate said today that it has accepted the appl ication for protest, but it still needs to be studied whether it will protest.


  At about 8 pm on May 7th this year, Hu Bin, who was only 20 years old, raced with his friends in the busy streets of Hangzhou, killing Tan Zhuo, a 25-year-old Zhejiang University graduate who was crossing the zebra crossing to go home after watching a movie. Subsequently, the local police in Hangzhou determined that Hu Bin was driving at "70 yards per hour", which caused public outcry. For a time, students from major media, forums and Zhejiang University paid great attention to this traffic accident, which also had a wide impact throughout the country.


  On July 15th, the Xihu District People’s Court held a public hearing on the case. More than 60 people from all walks of life, including relatives of the victim Tan Zhuo, former colleagues, relatives of the defendant Hu Bin, deputies to the National People’s Congress and CPPCC members, attended the trial. On the 20th, the court made a public judgment in the first instance and sentenced the defendant Hu Bin to three years’ imprisonment for traffic accident. In addition, after the incident, Hu Bin’s relatives have compensated and voluntarily compensated the victims’ relatives for economic losses totaling RMB 1,130 100 yuan.


  Although Hu Bin’s parents thought the verdict was unfair, they said they would not appeal for the time being. Tan Zhuo’s father, Tan Yue, sent an application for protest to Xihu District Procuratorate, Hangzhou Procuratorate, Zhejiang Procuratorate and the Supreme People’s Procuratorate on the afternoon of the 24th. Letters of complaint were sent to Xihu District Court, Hangzhou Intermediate People’s Court, Zhejiang High Court and the Supreme People’s Court; In addition, fact sheets were sent to the Hangzhou Municipal People’s Congress, the Zhejiang Provincial People’s Congress and the National People’s Congress. Tan Yue said that he "expects the superior judicial department to have a legal and fair characterization of Hu Bin’s crimes".


  "Because the procuratorate has not replied whether I will protest, it is not convenient to open the application for protest now." Tan Yue told reporters that the protest application mainly includes two points. One is the issue of the characterization of the charges in the first-instance judgment. Tan Yue said that he never agreed with the charge of "traffic accident " and still insists that Hu Bin committed the crime of "endangering public safety by dangerous means". Second, the issue of Hu Bin’s "body double". Regarding the rumor-dispelling notice issued by the West Lake Court a few days ago, Tan Yue thought that it was "unconvincing and meaningless, even a fake body double would answer the question in this way". He hoped that the higher judicial organs would take this matter seriously and adopt an open, fair and transparent method to identify the true and false Hu Bin in accordance with the law, so as to dispel everyone’s doubts.


  Tan Yue told reporters that the procuratorate has received his protest application today, and it is still under review, but whether to protest needs to be reviewed before making a decision. "If the application for protest fails, I will exercise my second right and apply to a higher court for legal supervision procedures."


  According to Article 182 of China’s Criminal Procedure Law, if the victim and his legal representative refuse to accept the judgment of first instance of the local people’s courts at all levels, they have the right to request the people’s procuratorate to lodge a protest within five days after receiving the judgment. The people’s procuratorate shall, within five days after receiving the request of the victim and his legal representative, make a decision on whether to protest and answer the request. (End)




















The incident occurred at 8 pm on May 7.
  Hu Bin raced with friends in a Mitsubishi sports car in Hangzhou, killing Tan Zhuo who was crossing the zebra crossing. [detailed]










"Deceive the real horse" on May 8.
  The Hangzhou police said that the speed was 70 yards, which was inconsistent with the eyewitness’s statement and caused many questions. Netizens invented a new online word "cheat real horses" (70 yards). [detailed]










Criminal detention on May 8
  Hu Bin is suspected.trafficThe crime of causing trouble was detained, but its "trafficThe crime of causing trouble was questioned. [detailed]




 


















Appraisal report on May 14th.
  According to the report, the speed of the accident vehicle ranged from 84 yards to 101 yards, and it was modified or partially modified. [detailed]










Arrest on may 17
  "5.7" submitted by Hangzhou People’s Procuratorate to Hangzhou Public Security Bureau for arrest.trafficHu Bin, the suspect in the accident case, approved the arrest according to law. [detailed]










Compensation on May 20
  The victim’s family and the perpetrator have reached an agreement, and the victim’s parents have received compensation of 1.13 million yuan. [detailed]




 














First trial on July 20
  Hangzhou Xihu District People’s Court on "5.7"trafficThe accident case was publicly pronounced in the first instance totrafficThe defendant Hu Bin was sentenced to 3 years’ imprisonment for the crime of causing trouble. [detailed]












Hot spots in today’s society

·The father of Tan Zhuo, the victim of the drag racing case, submitted an application for protest.


·The suspect wounded the police and snatched the gun, which contained several bullets.


·The incident of the black kiln worker in Anhui Province continued: Several suspects were arrested.


·The suspect wounded the police and snatched the gun, which contained several bullets.


·Owners of 10 buildings in Jiangsu said they felt cracks in the shaking wall of the building.


·Tourists can shoot nude models when they apply for permits: human photography is suspended in scenic spots.


·Thousands of neighbors of women receive intimate photos of their extramarital affairs. picture


·Neighbors like to move around the house naked, and the old man is ashamed to open the windowpicture

Today’s entertainment hotspots

·Degang Guo denies lending 400,000 yuan to Hou Yaowen and will not appear in court. |special subject


·Xiaoxue, a fast female judge in Hong Huang, called it "the second time is still called mu"


·Lin Bai wants to visit Yi Zhongtian again: I have to insist on throwing chairs on the spot.


·Hundreds of thousands of "babies" in Liang Luoshi Baby Care Group are hard to serve.


·Yico Zeng worshiped Confucius for promotion and promised to compose music for him.

  Related links:



  • Injuring people by racing, filing a case for endangering public safety 2009-07-25
  • Cao Lin: It is extremely dangerous to expose the "racing supervision" without verification. 2009-07-24
  • Review of the Racing Case in Hangzhou on July 21, 2009
  • Why Hu Bin was sentenced to three years: the presiding judge of Hangzhou drag racing case explained the trial results in detail 2009-07-20.

Editor: Teng Xue

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Say goodbye to parking anxiety and ask M5 to help you unlock the parking problem easily.

   I finally found a parking space in a crowded street, but I had to give it up because the parking space was too narrow and difficult to park. I believe many car owners have experienced this embarrassing scene of "can’t stop". Especially for novice car owners, it will even have a shadow on parking. Perhaps, there is a car that can be easily handled. The asking M5 equipped with HUAWEI ADS 2.0 advanced intelligent driving system not only allows you to bid farewell to parking troubles completely, but also brings a safer and smarter driving experience.

  One-click cure parking anxiety parking is no longer a problem.

  Parking is always a big problem for beginners. With the blessing of HUAWEI ADS 2.0 high-order intelligent driving system, the M5 can be parked when it is visible, and the intelligent driving technology is no longer limited to the marked parking spaces, even if it is a broken road or a very narrow parking space, it can be easily controlled. Once the most troublesome parking problem, now it only needs one-click operation to bid farewell to parking anxiety completely. There will no longer be the trouble of finding a parking space again because of technical problems.

  In addition, the M5 also has the function of unforgettable memory, and is equipped with parking service auxiliary function. Just finish parking at the first storage, and activate the parking service auxiliary function after entering the parking lot again, so that the M5 will automatically find the target parking space and finish parking. When the target parking space is occupied, it will also use its "smart brain" to automatically find other available parking spaces and complete parking, without user operation. With this function, as long as you return to the parking lot after work every day, you can start to be lazy, release your tired body and mind in advance, and save time and comfort.

  The M5 equipped with HUAWEI ADS 2.0 advanced intelligent driving system not only solves the problem of urban parking, but also brings a safer driving experience for drivers. When driving a car on a city road, the line of sight is often blocked by buildings, green belts and buses on both sides, resulting in blind spots. At this time, pedestrians, non-motor vehicles or other vehicles suddenly cross, which often leads to traffic accidents. The M5 has a leading multi-sensor fusion sensing system, which can accurately identify the "ghost probe" and make an emergency stop to avoid accidents even when the oncoming vehicle in the next lane is dazzling and the driver’s vision is blocked.

  Previously, car home had held an active safety confrontation. In the test of ghost probe, the M5 version of Zhijie achieved the highest excellent result of 70km/h, while the ideal L7 Max who participated in the confrontation could only challenge successfully at the low speed of 40km/h at most. The significance of the results lies not only in the data, but also in the actual travel safety, and a tragedy may be avoided in seconds.

  HarmonyOS Smart Cockpit 3.0 Your Exclusive "Smart Mobile Space"

  The improvement of the intelligent level of automobiles has invisibly increased our time in the car, and the space inside the car has gradually become a second home. I believe that many migrant workers have the experience of working in the car. In order to "catch up", they often switch their mobile phones and computers back and forth, and the experience is quite poor. The HarmonyOS Intelligent Cockpit 3.0 equipped with the M5 is equipped with dual-screen collaboration function, which enables the computer and the car machine to be seamlessly connected to form two desktops, which will be more convenient for editing and consulting materials, and improve office efficiency.

  Not only that, HarmonyOS Intelligent Cockpit 3.0 also has the industry’s first HUD height adaptive adjustment and rearview mirror automatic adjustment function. After the vehicle is started for 0.5s, it can quickly identify and complete eyeball positioning, quickly and automatically adjust the HUD to the optimal height, and lightly brake, the exterior rearview mirror will automatically adjust to the optimal angle. The whole operation is comfortable and convenient in one go. In caring about "you", you may be careless occasionally, but the M5 is always online.

  The HUAWEI MagLink magic car interface, which is full of fun values, has a lot of gameplay. Mount the Pad behind the seat. When the children are noisy, parents can choose suitable content for the children in the back row in the front row, so that the children can quietly immerse themselves in the video. Parents can also adjust the brightness, volume and other details for the back row, lock the screen screen, and grasp the viewing time of the back row screen. In this way, children are happy and parents are more worried.

  The appearance of M-5 injected smart travel into the details of users’ lives, which not only made it effective and intelligent, but also filled with humanized life. Intelligent automobile is an irresistible global trend, and it is believed that the brand name will inject more vitality into the development of China automobile industry.

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Great Wall Motor donated a pickup truck with a total value of 1.5 million yuan to help Sichuan earthquake-stricken areas.

  Recently, an earthquake of magnitude 6.8 occurred in Luding County, Ganzi Prefecture, Sichuan Province. The disaster situation touched people’s hearts. Great Wall Motor urgently donated 2 million yuan worth of money and materials to help Luding County, Ganzi Prefecture, Zichuan, Shimian County, Ya ‘an City and the surrounding disaster areas. Among them, the Great Wall pickup truck with a total value of 1.5 million yuan was donated to the China Red Cross Foundation for disaster relief materials transportation, emergency rescue in disaster areas and support for subsequent reconstruction.

  After the earthquake, roads were blocked due to landslides, gravel rolling and other reasons, and some roads became narrow and impassable. In the section where big trucks are difficult to pass, pickup trucks donated by the Great Wall can transport materials to the disaster area, support post-disaster reconstruction and enrich the shortage of local rescue vehicles by virtue of their strong passability, ability to get rid of difficulties and loading.

  The Great Wall pickup truck will also pay close attention to the progress of post-disaster rescue and tide over the difficulties with the people in the disaster areas.

  Rushing for disaster relief, empowering public welfare rescue standardization

  All along, Great Wall pickup truck has been actively practicing public welfare and shouldering corporate social responsibility while developing itself.

  Last year, the "7.20" torrential rain in Henan Province, the National Motorists’ Association of the Artillery Alliance gathered overnight, and more than 200 Great Wall cannons rushed to Henan for disaster relief, opening a life channel for more than 4,000 Zhengzhou residents. At the same time, the Great Wall pickup truck acted quickly and launched eight care policies to provide all necessary protection and services for the affected car owners and minimize vehicle losses.

  More than that, Great Wall Artillery also established the first public welfare rescue college in the industry, and launched a centralized training camp focusing on solving the actual rescue situation, aiming to stimulate the enthusiasm of Great Wall artillery riders to participate in public welfare rescue, and also to make public welfare rescue professional and standardized, so that every rescue is awe of life.

  At present, the Great Wall Gun Public Welfare Rescue College has graduated more than 110 users, greatly improving the practical skills of public welfare rescue and empowering users to standardize public welfare rescue.

  Climbing Mount Everest to protect the scientific research and help the national task

  In addition to in-depth rescue in the disaster area, the Great Wall Gun also climbed Mount Everest, crossed the desert and escorted the national scientific research with users.

  In the activities of measuring Mount Everest for three consecutive years, the Great Wall Gun in 2020 helped the country successfully complete the guarantee task of Everest elevation measurement; In 2021, the Great Wall Cannon, together with more than 300 car owners and 120 Great Wall Cannons, stood the test of rain, snow, fog and other complicated weather and gathered at the foot of Mount Everest. In 2022, the full-line pickup truck model of the Great Wall Gun once again successfully arrived at Everest Base Camp to pay tribute to the spirit of climbers.

  The Great Wall Artillery also escorted the successful completion of the scientific research task of Lop Nur, China Academy of Forestry. As the official vehicle for scientific research tasks, the Great Wall Gun, with its all-terrain off-road performance and towing rescue capability, broke through the harsh natural environment, escorted the scientific research workers all the way, ensured the successful completion of the national scientific research tasks as planned, and also contributed to wildlife and ecological environment protection.

  Persist in caring for students and shoulder the responsibility of people’s livelihood

  The Great Wall pickup truck is also concerned with rural revitalization and insists on caring for students. In 2021, the Great Wall pickup truck "Worry-free Service to China" was officially upgraded to the Great Wall Gun Action, which was upgraded in four aspects: service, culture, products and commerce, and truly realized the user-centered and built a brand-new value system in which brands and users grew together.

  Everywhere the Great Wall pickup truck goes, it will offer love to the local send warm and help more people in need. Up to now, Great Wall pickup truck has established 98 demonstration villages in 20 provinces and cities across the country to help upgrade local characteristic industries and promote rural revitalization.

  Committed to building a car with people’s livelihood value in thousands of industries, Great Wall Gun has launched a variety of products that meet the user’s car scene and meet the user’s needs, and also deeply linked with the user’s industrial format to create Great Wall Gun products, helping more high-quality, original and original ecological products to enhance value, get out of the mountains and lead the national tide.

  No matter the disaster relief, or the establishment of public welfare rescue college; No matter measuring Everest or escorting the national scientific research, and insisting on caring for students, Great Wall pickup truck, as a leader in pickup truck industry, has always actively practiced corporate social responsibility and demonstrated its corporate responsibility. In the future, the Great Wall pickup truck will continue to uphold the initial intention of public welfare, set off the responsibility and responsibility of enterprises, and contribute to the society and users.

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Second light! Huawei, suddenly announced

China Fund News reporter Wen Xi

On the morning of April 18th, Huawei Terminal Weibo suddenly announced the "Pioneer Plan" of Pura 70 series, namely Pura 70 Ultra and Pura 70 Pro, which were put on sale at 10:08 on April 18th. On April 22nd, the Pura70 Pro+ and Pura 70 versions were subsequently put on sale.

Huawei Mall APP shows that Pura 70 series has the above four versions, among which Pura 70 Ultra and Pura 70 Pro have been put on sale. The lowest price of Pura 70 Pro is 6,499 yuan, and the highest price of the highest version of Pura 70 Ultra reaches 10,999 yuan.

In addition, the Pura 70 version on sale on April 22 is an entry-level version, and the price shows 5499 yuan.

After the Pura 70 series was released, the share prices of several Huawei concept stocks rose. At the time of writing, Shengyi Electronics rose more than 9%, Anjie Technology rose more than 7%, and Xinwei Communication and Shuobeide also rose.

Sold out in one minute "out of stock"

On the morning of April 18th, Weibo, a Huawei terminal, released a letter to Huawei users before 10 o’clock. In the letter, Huawei terminal mentioned, "On April 18, 2012, HUAWEI Ascend P1 was officially listed, thus opening a new era of intelligent imaging and scientific aesthetics."

Huawei Terminal also said in the letter, "Infinite imagination will take Huawei P series to a new height. The HUAWEI P series has been fully upgraded to HUAWEl Pura, and it will start again with a new attitude. "

Subsequently, Huawei announced the "Pura 70 Series Pioneer Plan", that is, Pura 70 Ultra and Pura 70 Pro went on sale at 10:08 on the same day. A few minutes later, Huawei announced that the Pura70 Pro+ and Pura 70 versions will be on sale at 10:08 on April 22nd.

It is reported that the Pura 70 series is equipped with the new HarmonyOS 4.2. At the same time, the Beidou satellite message was upgraded to support sending picture messages.

It is worth mentioning that AI has become the biggest selling point of Pura 70 series. The whole system supports AI remote control and intelligent payment, and it is also connected to Pangu model, bringing more intelligent applications such as AI elimination and AI cloud enhancement.

At present, according to the official APP, it was put on the shelves at 10: 08, and in less than one minute, many models of Pura 70 series have been "robbed", and the words "temporarily not for sale" or "temporarily out of stock" appeared in succession, and then the system gave the words "sold separately at 16:08".

Just "transformed" three days ago.

On April 15th, Huawei official Weibo released several videos about Huawei P series. Yu Chengdong, managing director of Huawei and CEO of BG, announced that Huawei P series has been officially upgraded to "Huawei Pura".

This also means that the P70 model that has attracted much attention will be renamed as Pura 70, which is also the first product of Pura’s new series.

According to Counterpoint Research data, Huawei returned strongly in the first two weeks of 2024, ranking first in smartphone sales. In the first six weeks of 2024, the overall sales of smartphones in China decreased by 7% year-on-year, but Huawei’s mobile phones increased by 64% year-on-year, ranking second with a market share of 17%.

Among them, Huawei Mate 60 series became one of the few highlights at the beginning of this year. In addition, the data shows that Huawei’s folding screen mobile phone shipments ranked first in the fourth quarter of last year, with a market share of 51.2%.

Guo Ming, a well-known analyst, predicts that the shipment of Huawei P70 series may increase by 230% year-on-year in 2024, reaching 13 million to 15 million units. Even if demand slows down, shipments are expected to increase by 150% year-on-year to 10 million to 12 million units.

Image and AI functions become highlights

Pura 70 series has been widely concerned by the market before it has been "transformed" According to past experience, Huawei P series is generally unveiled at the spring conference in March each year.

The market had expected that the P70 would be released in Shanghai in early April. Some market participants also believe that Huawei will pre-sell P70 in April through the "Pioneer Plan" and other means.

In addition to the release date, the market also made extensive speculation on its performance, function and configuration. Shanghai Securities analyzed in a research report that in terms of performance, all P70 systems support 5G, and there is a new satellite communication technology, and the network will be upgraded to 5.5G.

In terms of images, the P70 Standard Edition will adopt domestic sensors, and all the systems will be equipped with periscope telephoto lenses, which support variable aperture and OIS optical image stabilization technology. In addition, the P70 series has also been upgraded in lens, spin-on filter, microprism, motor and CIS.

In terms of AI, the agency mentioned that the P70 is built with Huawei’s self-developed Pangu model, with AI photography as the core highlight, and the functions of voice assistant, copy generation, picture and video generation can be greatly improved. In addition, the agency also expects that its built-in HarmonyOS OS will bring some features of the HarmonyOS Galaxy version.

Editor: Huang Mei

Audit: Muyu

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Xiaomi SU7 lost an average of 6,800 yuan when selling one.

At the press conference of Xiaomi SU7, Lei Jun said frankly that the sales strategy of this model is to "sell one and lose one".

According to the latest Citigroup report, the estimated delivery volume of SU7 of Xiaomi Group will be between 5,000 and 6,000 units in April, while the annual delivery volume is expected to be about 55,000 to 70,000 units.

At present, the delivery time of Xiaomi SU7 has been as long as 6 months, which has aroused the market’s concern about its production capacity. If the production capacity can’t keep up with the market demand, Xiaomi may face a growth challenge similar to last year’s G6 in Tucki. It is estimated that for every SU7 sold by Xiaomi in 2024, it will lose an average of 6 800 yuan, and the whole car-making business is expected to lose as much as 4.1 billion yuan.

However, some bloggers broke the news that the production capacity of Xiaomi SU7 began to increase this week. It is estimated that the daily production capacity will increase to more than 400 units, and the monthly output will directly jump to 12,000 units. This is undoubtedly a positive signal for SU7, a high-positioning model.

Looking into the future, it is predicted that by April 2024, Xiaomi SU7 is expected to rank among the top three in the pure electric car market with a price of over 200,000 yuan in China.

Lei Jun mentioned in his previous speech: "Our original standard version was priced at 229,000 yuan, while the top version was priced at 350,000 yuan. However, considering the price reduction strategies of other car companies, we decided to adopt a more sincere pricing strategy. Therefore, the standard version is priced 30,000 yuan lower than Tesla Model 3, while the Max version is priced at 299,000 yuan. "

For this report, Xu Jieyun, Special Assistant to the Chairman of Xiaomi Group and Deputy General Manager of China Marketing Department, quickly responded at the Weibo, saying that there may be a big deviation in this information.