A takeaway rider in Meituan, Zhenjiang City, received an order from the system. After receiving the order, the takeaway rider went to the merchant to pick up the meal according to the process, but when he was about to deliver the meal, the buyer sent a message saying that he was trapped in a pyramid scheme organization! And asked the rider to call the police for her. On the 6th, the Zhenjiang Runzhou police told reporters that it was based on this important information of the Meituan takeaway rider that the police immediately followed the line and successfully destroyed a latent pyramid scheme den. At present, the police are declaring justice and courage for the Meituan rider. Correspondent, Zhang Hang, Zhang Dongni

　　Yangzi Evening News/Eye Raising Reporter, Wan Lingyun

　　Takeout deliveryman receives strange order

　　It turned out that the orderer asked him to help call the police.

　　The police told reporters that Mr. Yu, a 48-year-old Zhenjiang takeaway rider, had been working as a Meituan takeaway deliveryman for almost two years. At 2:48 p.m. on April 3, Mr. Yu received a "Juewei Meat Strips" takeaway from a pork rib shop ordered by Ms. Jiang, and the address column read "Random". Master Yu called to contact, but the other party did not answer. Could it be a prank?

　　Unexpectedly, Ms. Jiang, who placed the order, suddenly added to Master Yu’s WeChat. In WeChat, Ms. Jiang said that she was controlled by the pyramid scheme gang and hoped that Mr. Yu would help the police. Mr. Yu quickly asked the customer to send the location address and go to the police station to call the police.

　　After that, Mr. Yu kept in touch with Ms. Jiang, the person who asked for help, according to the requirements of the police at the Zhenjiang Heping Road Police Station who received the police. During this time, he obtained Ms. Jiang’s location through WeChat.

　　According to the location, the police at the Heping Road Police Station of the Runzhou Branch of the Zhenjiang Public Security Bureau searched for several times and finally found a house that was consistent with the characteristics described by Ms. Jiang after more than half an hour.

　　With the help of Mr. Yu’s knock on the door, the police broke down the door and controlled the eight people in the house on the spot.

　　But strangely, no one admitted to calling the police for help on the spot. The police immediately took everyone back to the police station.

　　It was not until the morning of the 4th that the identity of the rescuer was clear. She was Ms. Jiang from Fujian. Zhou Fei, a police officer handling the case, told reporters: "Because the police were worried about retaliation, after the police went to the scene of the pyramid scheme den, she did not dare to admit that she called the police. The police at the scene also contacted Ms. Jiang according to the mobile phone number provided by Mr. Yu, but she deliberately turned the mobile phone to silent, so the police at the scene could not find Ms. Jiang."

　　The 21-year-old girl fell into a pyramid scheme trap and called the police on the "curve" in the rental house

　　Ms. Jiang, a 21-year-old from Fuzhou, Fujian, was tricked in November by an online user who said she had a job in Zhenjiang. The user took her to visit Zhenjiang for a few days, and then told her to "do this business" – selling products in name, but not in fact, developing offline products.

　　According to Ms. Jiang, she didn’t know what a pyramid scheme was at that time. It was not until her cousin contacted her before the Chinese New Year this year that she reminded her of "beware of pyramid schemes". After searching online, she realized that she may have fallen into a pyramid scheme trap.

　　Although the people around her allowed Ms. Jiang to use her mobile phone, the sound insulation in the rental house was too poor, and she was afraid of being discovered by them if she called the police. At the same time, in the pyramid scheme den, although she was not abused, beaten or detained, she could not go out alone, so she could not escape the rental house.

　　"I didn’t dare to call. My cousin said why don’t you order takeout and ask the delivery person to help you call the police." It was with the reminder of her family that Ms. Jiang took this measure on the 3rd and asked Meituan’s delivery brother "Curve" to call the police.

　　At present, Ms. Jiang is waiting for her relatives in Fujian to come and take her home. The police said they would next dismiss the pyramid scheme workers and contact the owner of the rental house to terminate the contract between the two parties.

　　Mr. Yu, the Meituan takeaway rider who actively provided Ms. Jiang with clues for help and assisted the police in finding Ms. Jiang’s whereabouts, will report the corresponding rewards to the department for bravery.

1905 movie network news On May 10, the TV drama "Celebration of the Year 2" was officially launched, and a group of character posters were released, with all the original cast members returning, full of antique and charming charm.

The handsome and dashing Lord Xiao Fan, the beautiful and gentle chicken leg girl, the domineering and majestic Emperor Qing, the unangry and self-righteous Chen Pingping, the lovely unicorn rich Fan Sizhe, and Wang Qinian who laughs at the sight of him… Familiar characters and familiar formulas, the return of the original cast has made countless fans look forward to it.

　　On June 21, the Three Sheep Network passed"Crazy Little Brother Yang – Three Sheep" posted a statement saying that some consumers bought Moutai liquor in the company’s live stream a year ago, went to Moutai’s official anti-counterfeiting office to identify it as true, and were identified as fake by the so-called third-party appraisal studio.

　　Three Sheep said that the company has always adhered to the guarantee of genuine products and promoted genuine Moutai wine to consumers in the live stream. So far, the products sold have never been officially identified as counterfeit wine.

　　Three Sheep emphasizes that, as a high-value special category, the appraisal of Moutai liquor should be based on the official anti-counterfeiting rights protection phone number announced by Moutai to identify the authenticity of the official appraisal agency where it is located. The appraisal results of any third-party appraisal agency are not authoritative and legal.

　　Three Sheep also said that if the Moutai wine purchased in the company’s live stream is officially identified as a counterfeit product, the company will compensate consumers in advance in accordance with relevant laws and regulations, and strictly investigate the legal responsibility of the seller.

　　According to the official news of Henan TV station "City Report" on June 20, Mr. Zhang (pseudonym) from Wuhan, Hubei said that in May last year, he bought 10 bottles of Moutai at the "Jiujia Liquor Store" Douyin store under the recommendation of Crazy Brother Yang’s live stream. After being identified as true by the Moutai Anti-Counterfeiting Office, he purchased another 14 bottles for collection. This year, Mr. Zhang saw Moutai’s counterfeiting methods on the short video platform, which made him suspicious of the Moutai wine he snapped up, so he found a third-party platform for identification. As a result, 14 of the 24 bottles of Moutai were fake, and the "Jiujia Liquor Store" Douyin store also showed that it was "returned from the store".

　　When the reporter came to Anhui Hefei Three Sheep Group to inquire, the staff said that when they cooperated with the "Jiujia Liquor franchise store" that sold the batch of Moutai, they conducted a specific review of the merchant’s qualifications and product procedures. But because the goods were not sent from their warehouse, there is no guarantee that the merchant will have "adulterated" behavior. Similarly, Mr. Zhang tore off the label and opened the wine box with the consent of the merchant for identification, so there is no way to prove whether the wine has been transferred. If the merchant sells fake wine, they will also hold the merchant accountable.

　　

　　Daily Economic News Comprehensive Henan TV Station "City Report", public news

Drawing: Wang Zheping, Data source: Ministry of Commerce, etc

　　Although summer has entered, Wang Wenjun still has lingering fears when he recalls the Spring Festival that has just passed.

　　The sudden arrival of the epidemic caught him off guard, who was already preparing for the hot business of the Spring Festival. On January 25, Chengdu issued a notice banning the holding of group catering business activities, including rural self-organized banquets and dam banquets.

　　Wang Wenjun is the founder of a well-known hot pot restaurant in Chengdu. In Sichuan, where there are more than 30,000 hot pot restaurants. Affected by the COVID-19 epidemic, the peak season of the catering industry has dimmed without warning. A series of difficulties have weighed on Wang Wenjun’s head due to market closures, inventory backlogs, labor and rental costs.

　　Every day when I open my eyes, more than 100,000 yuan is gone

　　Selling vegetables to reduce wages, stop losses and reduce costs, and save yourself to protect your vitality

　　"We walked all the way from a small hot pot restaurant with only 17 tables, and we have never encountered such a situation. The store is closed, and the income is gone; the salary needs to be paid, and the rent needs to be paid… As soon as we open our eyes every day, more than 100,000 yuan is gone. Coupled with the excess inventory of ingredients prepared in advance, the electricity bill of the freezer alone can’t stand it." Under multiple pressures, Wang Wenjun "almost lost half of his head".

　　Survival is the first priority. Wang Wenjun and other company managers together, as soon as possible to save themselves from the siege, is the top priority.

　　On the one hand, they would sell the excess food stock to nearby residents at a fair price or even at a discount. On the other hand, they would inform employees in the city to take turns to work, and non-local employees would work from home. The management would take the lead in adjusting salaries, and only keep the basic salary and social security, further reducing labor costs.

　　"The rent is a big part of the cost of the hot pot store. We have to thank the competent authorities for helping us coordinate the property. We reduced the rent by 1.20 million yuan before and after, and also won tax incentives." Wang Wenjun sighed.

　　To reduce inventory, reduce costs, and reduce rents, although the hot pot restaurant suffered heavy losses during the closing period of more than a month, "fortunately, it saved itself in time and didn’t hurt its vitality". What he didn’t expect was that the originally inconspicuous takeaway service and the live broadcast that he had never set foot in had become the "savior" of his next reorganization.

　　Dine-in and takeout, who is the protagonist?

　　Meet demand, expand takeout, and promote franchise stores

　　"You have a new takeaway order! Please pay attention to check it!" As soon as he walked into the lobby of the Chengdu Huabaifang store, he heard the pleasant bell of the online platform. The store manager said that the takeaway received more than 1,500 orders a day at most, and the turnover exceeded 500,000 yuan.

　　In 2016, the company launched a takeaway service. "But hot pot still has a taste for dine-in, and takeout has always been a’supporting role ‘." Wang Wenjun said that after the resumption of work and production, the demand for takeout has increased greatly. There were only two stores to deliver takeout, but soon it increased to nine. "We make takeaway posters every day, and mobilize employees to forward them together with the official Weibo and WeChat, so that relatives, friends and more residents know that we can deliver takeout. In a week, the number of takeaway orders has skyrocketed from more than 300 orders per day to more than 1,000 orders."

　　In order to attract a franchise partner, the company urgently formulated a support strategy, actively arranged takeaway operation equipment, sorted out operation manuals and videos, and launched "fully sealed hot pot takeaway service" in Shanghai, Guangzhou, Xi’an and other places. In addition to the takeaway platform, the company’s WeChat official account also opened the online ordering entrance.

　　The delivery staff delivered goods without contact, carrying health certificates and peace of mind cards with them. When there were many orders, Wang Wenjun himself also rode an electric car and became a "delivery brother".

　　The takeaway area is limited, what should I do if I can’t deliver it?

　　Live streaming, cross-border cooperation, new retail

　　"I want to eat hot pot, but I live too far away to deliver food, and I can’t make it myself. What should I do?" A few days after the delivery service was resumed, this message in the background of Weibo attracted Wang Wenjun’s attention and thought.

　　"Although it can’t be delivered, we can teach them how to make hot pot through online live broadcast." His idea was immediately in line with a live broadcast platform, and the live broadcast room was quickly set up.

　　"Our main feature is’spicy ‘, so the hot pot base will use three kinds of chili peppers: sea pepper, millet spicy, and devil spicy. Soak it in warm water before serving in the pot and then smash it. Combining the flavors will produce a unique fragrance." During the live broadcast, the chef carefully reminded that when frying the hot pot base, the onion, ginger, and garlic should be fried in the pot until golden in turn and then quickly removed, so as to avoid the mushy taste, spicy but not dry. The "take home "-like explanation, the feedback is gratifying.

　　"Although the preparation was rushed and we went LIVE at the meal point, there were still more than 87,000 netizens guarding the live stream in the first live stream, indicating that our live stream was too’dinner ‘." Wang Wenjun said that while the chef was live "teaching", he also launched his own various base material bags, which were sold with "significant hot pot other" such as chicken in bowls and self-heating rice. Consumers can place orders online.

　　"I’m really about to cry, I’m going to buy the materials" "The base material is not easy to fry, but it is convenient and affordable to place an order online"… The enthusiastic interaction of the audience brought great confidence to Wang Wenjun. Strike while the iron is hot, he immediately planned and launched activities such as "Contactless Takeaway Delivery with confidence" with local media in Chengdu, and completed more than ten live broadcast activities of eating hot pot at home. "I didn’t expect the effect of cross-border cooperation to be so good, and the live broadcast can’t stop once it starts. Barber shops, gyms, milk, beer and other brands and stores have come to us to cooperate and provide our diners with products and vouchers through takeaway."

　　"Boss! Another hairy belly!" As night fell, Wang Wenjun’s hot pot restaurant rang out the familiar call for food. On March 26, Chengdu fully resumed the normal business activities of catering and other service industries.

　　After many months, looking at the diners queuing outside the door, although Wang Wenjun was no longer anxious and confused, his nervous tension still did not relax. "Whether it is takeout or live broadcast, it is all’wartime blood transfusion ‘. The epidemic has survived really hard, and it is also a rare stress testing. It forces us to re-examine and think about how to make efforts in the new retail and intelligent fields in the next step, and improve the ability of’postwar blood making’."

　　Reporter’s notes

　　Improve your ability and stay calm

　　Affected by the COVID-19 epidemic, our country’s catering consumption has been hit hard before and after the Spring Festival. Some catering companies have responded to market changes to face difficulties. The current difficulties have passed, and the long-term development path still needs to be considered. Traditional eating habits such as shared meals and joint meals are changing, and consumers’ consideration of safety and health is increasing, which may have a more far-reaching impact.

　　In this context, many catering companies have turned their attention to the new retail sector, grabbing share through online sales and processing special dishes into standardized goods. Some companies have tasted the sweetness for the first time, but for most small and medium-sized catering enterprises, this is still a new topic. Not only test the financial strength, talent accumulation level, but also test the ability to integrate market resources.

　　On the one hand, keep up with the changes in consumer psychology, advocate the meal sharing system, cultivate eating habits such as "public chopsticks and spoons", and promote the healthy development of catering culture; on the other hand, innovate the way of catering consumption, do refined management, find a development path in line with their own brand positioning, and transform and upgrade in a timely manner. Only by truly improving the "immunity" of the enterprise can we not be surprised and turn threats into opportunities.

NIO released the 2023 Quarter 1 financial report Long Bridge US stocks premarket on June 9, Beijing time. Another large area of "spicy eye" performance, if the fourth quarter of last year is poor, the first quarter of this year is still a "strengthened version":

1. Poor sales and poor income:$NIO – SW.HK revenue 10.70 billion, and less than the market expectations, the 1 billion +, the sales difference is known, the key is because of the volume price, the old car, 75kwh entry models accounted for more, resulting in a unit price of only 297,000, significantly lower than market expectations.

2. Gross margin collapse: As the unit price fell below 300,000 for the first time, much lower than the previous guidance implied unit price of about 320,000,The gross profit margin of the car fell directly to 5% without impairment and other operations, far lower than the market expectation of about 10%. Obviously, the damage caused by the price reduction of the old model and the low gross profit margin of ET5, the capacity utilization rate in the process of platform replacement has particularly serious damage to NIO.

3. Guidance mediocre: second quarterGuidance sales 2.3 – 25,000 units, due to the known sales in April and May, implied sales in June after the release of the new ES6, finally began to stand on the 10,000, guidance implied sales in June should be about 11,000. And the company’s goal is that ET5 + ES6 double top stream can bring 20,000 monthly sales, this guidance is still significantly different from this goal.

However,$NIO. SG The price of implied bicycles behind the revenue guidance 87-9.40 billion may recover to about 320,000, the proportion of implied inventory vehicles may decrease, and the gross margin should recover.

4. NIO who is still "voting":Although the gross profit has dropped to less than 20,000 yuan, NIO wants to do a lot of things in R & D and needs to "warm up users". The investment in R & D and sales expenses has not seen obvious restraint. The operating loss rate hit a three-year high, reaching 48%, significantly higher than market expectations.

Dolphin Jun’s overall perspective:

For new forces with a very short period of new car explosions and repeatedly falling into the green and yellow of changing cars, Dolphin Jun naturally has a red label of "suspicious execution". Obviously, the current NIO is such a company.

Therefore, the previous share price of 9 yuan has fallen to the PS valuation level between life and death in 2019. Dolphin Jun proposed that companies with too big dreams and too weak execution cannot talk about bottom fishing lightly. By this financial report, the company’s share price was hovering at 7-8 yuan, and bottom fishing did not generate profits.

Of course, from the perspective of marginal changes, this performance is basically the bottom of NIO’s performance: because NIO’s double-top streaming car ES6 went on sale at the end of May and the ET5 hunting version went on sale in June, two promising cars began to contribute to full sales in the second half of the year, and all other models will basically transition to the NT2.0 platform. Sales and gross profit margins are unlikely to be worse, and will only go in the direction of improvement.

In the corresponding stock price, along with the improvement of sales volume and gross profit margin, there is also hope to slowly climb out of the bottom. But how much can be pulled up from the bottom, or can it return to the previous height? It depends on how much the original new power brother reflects on this wave of mistakes, and how much the execution improves. Dolphin Jun has doubts. At least to see the change of attitude first, you might as well listen to what NIO has to say in the phone call.

First, stronger than painting cakes, weaker than landing: NIO, it’s time to reflect

Let me remind you of the two core goals of NIO’s delivery this year:

1)NIO aims to deliver 250,000 vehicles this year.

2) By the fourth quarter, the monthly sales should stand firm 30,000 vehicles: the two pillar cars ET5 + ES6 have a total monthly sales of 20,000, ET7 + ES7 + ES8 have a total contribution of 8k-10k vehicles, and the two coupe EC6 and EC7 have a total monthly sales of about 2k vehicles.

Goals vs reality, let’s compare:

1) By the end of the first half of this year, the delivery was probably on 55,000 vehicles, barely completing a little more than 20% of the annual target. In the case of just climbing 10,000 in June, it is equivalent to 32,500 monthly delivery in the second half of the year, which means that the hope of achieving the 250,000 goal for the whole year is very slim.

2) Monthly sales 30,000 target vs May 6k reality: In May, due to NIO’s two top-class models – ES6 replacement and ET5 hunting car to be released, the new ES8 was launched in June and EC6 was launched in July; the new EC7 was relatively niche, and it was just launched and basically did not contribute to sales;, in addition, the market demand for ET7 and ES7 models that are not being replaced is weak, and the final result is that NIO sold a mere 6,155 units in May, even lower than in April.

On the list of new car makers in May, the original first brother has almost slipped to the bottom.

Fortunately, looking ahead, it should be the worst time for NIO nowFrom the perspective of the release rhythm of the model, NIO’s two promising contributions to large sales ET5 and ES6:

ES6: As the best-selling SUV in the NIO model matrix, on May 24 this year, NIO released an updated version of ES 6 (competitors mainly include Model Y, L7, etc.), and deliveries began that night.

According to market survey information, within 72 hours of ES6 release, the average intention of a single store was 90 orders, 20 prepaid orders, and ES6 contributed 60-70% of the incoming traffic. Preliminary data seems to be good.

2.) ET5 prey version: released on June 15 and delivered in the same month ET5 prey version, prey version will optimize the current ET5 rear space, it is estimated that part of the original wait-and-see ET5 lead.

After the two NIO top-class models are all launched in June, the monthly sales of tens of thousands is a reasonable expectation for the market. So from this quarter, the second quarter sales guidance given by NIO 2.3-2 5,000 vehicles are only within expectations.

Due to the sales volume of 6.7k in April and 6.2k in May, this guide implies that the sales volume in June is 11,000, which is basically the same as the market expectation of 10,000 vehicles in June. There is no further shock, but it is obviously not a surprise.

Overall, NIO has not really exploded in this cycle of car replacement, from new cars such as ET5 to the present. Compared with the ideal replacement cycle, the replacement time of NT2.0 models has been delayed for too long, and the problem is still obvious.

When the automotive market had long since entered the era where demand was king, NIO wanted too much, and its execution was still stuck in the era of "supply is king", completely unable to keep up with its peers who were crazy about rolling in.

Finally, from the perspective of the actual delivery volume in the first quarter, only 31,000 vehicles were achieved, barely reaching the lower limit of the original target 3.1-3 3,000 vehicles.

Fatal Expectation Spread: Gross Margin Revisited

Behind the poor sales volume, the gross profit margin was pulled again, and the severity exceeded the one-time impairment 1 billion due to "inventory impairment provisions, accelerated depreciation of production equipment, and loss of old 866 purchase agreement" in the first quarter.

In the first quarter of this year, NIO’s gross profit margin of automobile sales was only 5.1%, while the gross profit margin of automobiles 1 billion one-time factors was 13.5% in the last quarter, while the market’s expectations for the gross profit margin of automobiles in the first quarter were basically in double digits, basically between 10% and 12%.

Specifically, consider the bicycle economy.

1) In the first quarter, bicycle revenue hit a record low, falling below 300,000 for the first time, only 297,000, and the cost of bicycles directly fell 70,000.

Of course, the reason is also obvious. During the new car replacement period, the old 866 model has exhibition car clearance, national subsidies, and financial discounts, etc.; while the unit price of the new ET5 itself is lower than that of the previous models, the gross profit margin is also low, and the average price decline is normal.

2) Now that NT1.0 is converted to NT2.0, the intermediate capacity utilization rate is very low, which will also drag down the gross profit margin; the cost of a bicycle cannot go down synchronously with the price of a single car, and the gross profit of a bicycle is further reduced by 3,000 yuan compared with the fourth quarter, and the gross profit margin is directly pulled from 6.8% to 5.1%. The standard gross profit margin for car manufacturing should be around 20%, which is too large.

Fortunately, looking ahead, NIO couldn’t be any worse.

The company’s guidance for the second quarter revenue is between 87.4 and 9.37 billion. Dolphin Jun’s estimated bicycle revenue should be about 32.5-33 million, and by the end of the second quarter, basically all NIO models have been transferred to the NT2.0 platform.

In addition, although the overall price of lithium carbonate has reached about 300,000 from the beginning of the 190,000, compared with the previous 500,000, there is still a trend to fall, and the decline in battery costs will also help NIO to ease the cost pressure.

Of course, under the brand tone of NIO’s "no price reduction", the real increase in gross profit margin still depends on whether NIO really reaches the target of 30,000 monthly sales and pulls up the capacity utilization rate. And on this point, Dolphin Jun is still skeptical:

1) In terms of the current trend, the Chinese luxury car market above 30w seems to have a relatively tenacious vitality of fuel vehicles, and the penetration rate is relatively slow. At present, it is less than 20%, which is not as good as the overall pure electric penetration rate.

2) In the absence of insufficient facilities such as fast charging/power exchange, when pure electric luxury cars further go out of first-tier cities such as Shanghai and further penetrate into the lower-tier market, it seems that there is no ideal range extension model that can better target user pain points.

Third, the income pulls the hips, the natural result of poor sales

NIO’s revenue 10.70 billion in the first quarter, growing by only 8% year-on-year, significantly lower than the market consensus expectations 11.60 billion, clearing inventory and other low unit prices are the core issues.

The only thing that came up a little bit this quarter was auto revenue other than auto sales, which hit 1.45 billion this quarter, a lot more than the market expected 11-1.20 billion.

NIO’sOther business revenue sources primarily include revenue from the sale of energy and service packages, as well as revenue generated from embedded products and services that go hand in hand with vehicle sales, such as charging stations, in-vehicle internet connectivity services, and more.

The company has always maintained a high-end strategic positioning, hoping to provide better service and experience to car owners in terms of brand management and user community through better gross margins.

Data source: company earnings, Long Bridge Dolphin Investment Research

Data source: the company’s official website, Long Bridge Dolphin Investment Research

In addition, at the Berlin conference of NIO last October, the overseas models were mainly charged by fixed lease and floating subscription. For example, the rental time provided by the fixed rental fee is generally 1-5 years, and the fixed monthly rent is adopted. For short-term flexible cars, monthly subscriptions can be used. Short-term subscriptions can be cancelled at any time two weeks in advance. Vehicles can be replaced at will, and as the age of the car increases, the monthly fee will be reduced accordingly.

The additional growth in other revenue this quarter is expected to be related to NIO’s overseas sales growth: from January to April, NIO sold more than 150 vehicles in Germany, more than 184 in Norway, and more than 450 worldwide, which should contribute to this part of the revenue.

But the problem here is that, because these markets are in the early stages of development, when they contribute revenue, they basically lose money early on. So the rest of the business saw revenue increase this quarter, but the losses were also severe: less than 1.50 billion revenue in the first quarter, costs were almost 1.80 billion, and the gross loss ratio was 21%.

IV. Gross profit is almost "zero"

If the fourth quarter NIO gross profit was miserable, the first quarter was even more miserable, because other income business directly gross loss, and the car sales business sold cars 9.20 billion, only earned less than 500 million gross profit. The overall group level gross profit is only 160 million, no better.

Invest "a lot of money"

Although after subtracting external costs, only gross profit 100 million, but expenses are not less: R & D expenses 3.10 billion, basically within the normal range between 30 and 3.50 billion of the company’s original quarterly guidance; sales and administrative expenses 2.45 billion, just a little less than the market expected 2.70 billion.

Overall, due to the fact that NIO wants to do too many things and has too many dreams in R & D, the possibility of cost reduction in R & D is very small. So far, I have not seen it openly reflect on cost reduction and efficiency like Xiaopeng.

In the sales system, NIO has always been a "warm user" approach, and sales have not seen very clear signs of control.

Six, NIO has passed the life and death tribulation again

The same painting style as the fourth quarter, but it came more tragically: delivery pulling hips, income pulling hips, gross profit margin pulling hips, cost and investment rigidity, and operating profits are hotWhat is it?

The single-quarter operating loss 5.10 billion; the operating loss rate was 48%, a new high in the past three years.

Summary:

In the eyes of Dolphin Lord, internal reflection and rapid adjustment in the current state of NIO may be more important than boasting and describing the grand blueprint of 5-10 years.

China Consumer News Fuzhou News(ReporterZhang articleIn order to deeply understand the relevant situation of e-commerce enterprises, grasp the real situation of the quality of goods and services they provide, safeguard the legitimate rights and interests of consumers, and enhance the sense of service and social responsibility of the e-commerce industry. The Fujian Provincial Consumer Committee actively builds a "zero-distance" communication bridge between enterprises and consumers, carries out "safeguard safe and unimpeded consumption" fresh food e-commerce, large-scale supermarket consumption observation activities, and strengthens social supervision.

On March 9, the Fujian Provincial Consumer Committee, together with the Fuzhou Municipal Consumer Committee, the Gulou District Consumer Committee, and the Cangshan District Consumer Committee, organized consumer rights protection volunteers, consumer representatives, and news media to enter the Yonghui Supermarket Binjiang Jinrong Store, Yonghui Life APP Binjiang Jinrong Warehouse, Walmart Sam’s Club Store, and Sam’s Club APP online delivery and picking warehouses to carry out "zero-distance" consumption observation activities around fresh food e-commerce and large-scale supermarket food safety, personal information security, convenient consumption, care for elderly consumers, and consumption upgrades.

On March 12, the Fujian Provincial Consumer Committee and the Putian Municipal Consumer Committee organized a group of more than 30 consumer representatives, consumer rights protection volunteer representatives, media representatives, and government department staff to walk into the Xingsheng Preferred fresh food e-commerce Fujian Station. Consumers were concerned about "how to deliver fresh dishes quickly" and "how to ensure the quality of goods and food safety". Representatives of the observation team communicated with enterprises one by one on issues such as logistics distribution, quality control, fruit and vegetable pesticide residues, and handling of returned goods that consumers are concerned about. Combined with the experience, they put forward opinions and suggestions for enterprises.

Community fresh food e-commerce, as an emerging sales model, has been accepted by more and more consumers, but consumers are still relatively unfamiliar with how enterprises operate, whether the quality of goods is controlled, whether logistics distribution is timely, and whether after-sales services can be guaranteed. Through the fresh food e-commerce and large-scale supermarket series of consumer observation activities, the Fujian Provincial Consumer Committee has opened the door for consumers to observe and supervise, and consumers have directly communicated their problems and needs to enterprises, which has enhanced the mutual trust between consumers and enterprises. Consumers have exercised their right to know and supervise through "zero-distance" observation and supervision, not only understanding the relevant knowledge of fresh food e-commerce, but also boosting their confidence in consumption with confidence. At the same time, it also further urges operating enterprises to build a solid safety bottom line, abide by the law and operate with integrity, promote the formation of a consumer safety consensus in the whole society, and promote the sustainable and healthy development of the consumer market.

In order to further supervise e-commerce enterprises to operate in accordance with the law, strengthen the sense of corporate responsibility, and improve the effectiveness of early warning and resolution of consumer contradictions. On March 14, the Fujian Provincial Consumer Committee and Meituan Company signed a strategic cooperation agreement. The two sides reached a cooperation consensus on jointly carrying out anti-food waste publicity and advocacy work, building and maintaining a green channel for the handling of consumer disputes, conducting research and early warning on hot issues of online consumption, conducting research on consumption big data in the field of life services, and enhancing the influence of consumer rights protection work in Fujian. Meituan (including Meituan takeaway, Meituan Preferred, Meituan Wine Brigade, Meituan to the store catering) made a solemn commitment to the majority of consumers on the same day: to further enhance the merchant’s food safety awareness, optimize distribution safety, and promote high-tech contactless distribution methods such as smart dining cabinets; to formulate the "Meituan Preferred Platform User Service Agreement", "Return and Exchange Policy", "Meituan Preferred Genuine Guarantee Specification" and other systems, promising to provide consumers with platform services such as "bad fruit return" and "lightning refund", establish a professional customer service team, and timely intervene to deal with various complaints between consumers and merchants; jointly guide platform merchants to enhance consumer rights protection awareness, and improve the quality of Meituan platform enterprise after-sales services Efficiently handle issues reported by consumers.

　　On October 24th, Uber invited some customers to participate in the closed beta before going online to experience the new "Uber Uber China" app in depth.

　　Uber insiders have previously revealed that this new app will combine the most popular features of Uber and Didi in one. The first version is the most concise version, and it will continue to be upgraded and optimized in the next few months. Let’s try it out first and see what changes this "new Uber" has made.

　　Before talking about changes, let’s talk about what hasn’t changed:

　　First, the minimalist aesthetic. Everyone’s favorite Uber, clean interface remains the same.

　　After the download and installation are completed, the icon still maintains the style of the original version, the only difference is that the word "new" is added in the lower right corner of Icon, which is different from the old version in a simple and clear way.

　　From the surface, the logo and naming of the original app are the same as before, and the login process has not changed.

　　There will be a seamless transition between the old and new apps. Uber’s existing users in China will be able to continue to log in with their original accounts, and most users will no longer need to re-enter their passwords and bind payment methods when using the new app.

　　The taxi process has not changed. Get off the bus and pay or just leave. The payment method is secret-free payment…

　　Everything is the same. So where is this new Uber app "new"?

　　A closer comparison of the old and new versions of Uber will reveal that some of the more obvious changes are that the Uber app has added many functions on the Didi app, such as WeChat docking, online real-time customer service, etc., but also "missing" some functions and modules in the old version of the app, such as globalization function.

　　The first point is faster. The more obvious user-related change is that the download package size is the previous (iOS) and (Android).

　　The overall feeling after opening the new app is that it feels a lot faster. The new version loads extremely fast, and the jumping between pages is smoother than before.

　　This feeling is demonstrated after querying the properties.

　　The relevant attributes show that the installation file of the original version of the Uber App has reached 91MB, while the newly downloaded Uber App is only 22.6MB in size. The Android download package has also changed from 21.2MB to 10.6MB, and the installation package size is only 1/4 of the original download package size.

　　It is speculated that this can be achieved for a variety of reasons: because the Uber interface and product line are relatively simple, without the need for so many modules, and the technology and methods of the product team are different from those in the past.

　　It is revealed that in addition to the smaller download package, the new app’s memory, traffic, and power will be more economical in the past, and the page jump speed will also be faster.

　　Second: Add real-time online manual customer service

　　The help page is connected to real-time online manual customer service.

　　As a veteran user of Uber, in the past, although seeking complaints and suggestions could be reported through the message in the app, although this method has become very popular abroad, Chinese consumers are not used to it. Didi customer service has telephone customer service, so it can be expected that the merged Uber will also provide telephone customer service.

　　The new version adds "vehicle color information," a feature that is also available on Didi’s app but not previously available at Uber, and can help taxi riders see vehicles at first glance.

　　Fourth, it is easier to communicate with the driver. To communicate with the driver, you can leave a message in the app, no longer just rely on phone calls.

　　In the past, Uber was used to connect with drivers, and by "contacting the driver", the system would dial the driver’s phone number. In some cities of Uber, some cities have previously been able to "talk" with drivers by leaving messages in the app.

　　The fifth change is that after a year and a half, WeChat has finally developed the new Uber. You can use WeChat to share routes and recommend friends for rides

　　The safety of online car-hailing has always been everyone’s top concern. The "share real-time itinerary" function was first launched by Uber. Previously, on the Uber app, real-time online itinerary webpages could be shared by text message, and family and friends could know the real-time location of passengers by clicking on the webpage.

　　The new app still maintains this function, but WeChat and QQ channels have been added to the sharing channel, allowing users to share their real-time routes in more ways.

　　WeChat’s overnight forceful entry into the Uber app is unexpected, but it seems reasonable. In addition to sharing trips, you can also use WeChat and QQ to recommend ride discounts to others, which is also a function that Uber’s old app does not have.

　　Sixth, focus. The new version currently only retains two product lines, "People’s Uber +" and "Preferred Cars", focusing on the sharing economy and compliant vehicles

　　The interface, the map, the familiar red car, the estimated time to prompt the estimated arrival of the nearest vehicle, and the "Click to use the car" button all maintained the original style, while the function keys below were streamlined to the greatest extent, retaining only "People’s Uber +". (Including carpooling) and "Preferred car" two main businesses.

　　In the past, Uber has had different types and numbers of product lines in various cities (People’s Uber, Preferred Car, Privilege Car, Cross-City Car, 7-Seater Car, etc.). It is known that after the launch of the new app, most cities across the country have only temporarily retained the People’s Uber + and Preferred Car product lines, and other product lines may be added in the future.

　　The most significant change is that foreign users may be affected.

　　Uber’s new app is "missing" some features and modules from the old version of the app, such as temporarily unable to use overseas, missing the English version of the interface and temporarily unable to bind international credit cards. According to internal sources, these features are expected to be gradually improved in future upgrades.

　　As we all know, in the past three decades, Suzuki has been a great success in the Chinese market with its environmental protection + small car strategy, winning the reputation of energy conservation and environmental protection. To take a recent example, in the 2014 average fuel consumption of passenger car enterprises announced by the Ministry of Industry and Information Technology recently, Changan Suzuki won the energy-saving championship among nearly 100 large domestic passenger car enterprises participating in the publicity with the stunning data of 5.8L/100km.

　　Suzuki’s perseverance has provided an opportunity for Suzuki to usher in a new round of leaps and bounds.

　　With the increasing air pollution caused by factors such as motor vehicle displacement in recent years, advocating energy conservation and environmental protection has become a consensus of the whole society. Especially in this year’s government work report, it is clearly stated that it is necessary to "fight the tough battle of energy conservation and emission reduction and environmental governance" and "control motor vehicle exhaust". The attention of the national level and the improvement of environmental awareness of ordinary people also call on car companies to fulfill more social responsibilities and introduce greener and more environmentally friendly products through various means such as innovative technology.

　　It can be seen that Suzuki’s car-making philosophy and long-standing efforts coincide with the general trend of today’s China. Especially for Changan Suzuki, which has raised "energy conservation and environmental protection" and built "low-energy-consuming and high-quality" cars to the height of its corporate mission, the weather, the location, and the people are all available. Good wind is waiting for Kunpeng to take advantage of!

　　[Autohome News] On June 9, Geely (|) debuted at the 2023 Chongqing Auto Show. The new car launched a total of 5 configurations, and the price range is 13.87-17 3,700 yuan. As the first model of Geely’s new mid-to-high-end new energy series, Galaxy L7 is equipped with a plug-in hybrid system composed of a 1.5T engine + a 3-speed DHT gearbox. The comprehensive cruising range of CLTC working conditions reaches 1370km. The new car is positioned as a compact SUV, and competitors are targeting BYD Song PLUS DM-i and other models.

　　Looking at the new car, the Galaxy L7 adopts the design language of "Galaxy Light". The front of the car is designed with a closed grille, and the front of the car looks very full through smooth curves. In addition, the new car also incorporates popular design elements such as through light strips and split headlights to make it look very avant-garde. In terms of body color, the new car will be available in six body colors, namely Morning White, Midnight Black, Dawn Grey, Clear Sky Blue, Twilight Mountain Purple and Galaxy Colorful White.

　　From the side, the new car uses a two-tone body design to create a floating roof feeling, and through the smooth line design to make it look like a crossover SUV, enhancing the appeal to young consumers. In terms of body size, the length, width and height of the new car are 4700/1905/1685mm, and the wheelbase is 2785mm. In terms of the tail, we can see that the through taillights, large-size spoilers and diffusers are not absent. At the same time, the lower enclosure echoes the design of the two ends of the taillights, which looks very dynamic.

　　Entering the car, the new car will be equipped with a combination of 10.25-inch instrument + 13.2-inch central control screen + 16.2-inch co-pilot screen as standard. In addition, the new car will also be equipped with an 8155 chip and a Galaxy N OS system. The operation mode of the central control screen is very close to that of a smartphone, and it also supports gesture control and a four-zone intelligent voice system. The overall technological sense is outstanding. In addition, the new car can also be upgraded with a 25.6-inch AR HUD display to further meet the needs of different users.

　　In addition to the functions of electric adjustment, heating, ventilation, and memory, the main driver’s seat is also equipped with physiotherapy functions, and the passenger seat is also equipped with electric leg supports. At the same time, the car also supports cinema mode. When turned on, the rear seat will automatically recline to a comfortable angle of 125 degrees. In addition, the new car is also equipped with 11-speaker Infinity audio, car fragrance, negative ion generator, mobile phone smart Bluetooth key, and L2-level driving assistance.

　　In terms of power, the new car will be equipped with a new generation of Raytheon Electric Hybrid 8848 system, which is composed of Raytheon 1.5T four-cylinder hybrid special engine + 3-speed variable frequency electric drive DHT Pro (the motor uses P1 + P2 scheme). The system has a comprehensive maximum power of 287kW (390 horsepower), a comprehensive maximum torque of 535 Nm, and an acceleration of 0-100km/h of 6.9 seconds. In addition, the new car has a pure electric endurance of 55km and 115km respectively (CLTC conditions), corresponding to a comprehensive cruising range of 1310km and 1370km respectively (CLTC conditions), a comprehensive fuel consumption of 2.35L/100km and 1.3L/100km respectively (WLTC conditions), and a power loss fuel consumption of 5.23L/100km (WLTC conditions). (Text/Autohome Zhang Xiaodan)