Hong Kong | The winter has passed and the dawn is gradually emerging.

  (Year-end feature) Hong Kong | The economic winter has passed and the dawn is gradually emerging.

  China news agency, Hong Kong, December 27th (Reporter Wei Huadu, Liu Chenyao) In 2022, the COVID-19 epidemic and the external environmental impact remained the same. In the eyes of some people, Hong Kong’s economic performance was not satisfactory. However, all walks of life in Hong Kong refused to "lie flat", and the road to normalization was difficult, but they became more and more brave. As the pace of "customs clearance" approached, the dawn of Hong Kong’s economy gradually appeared.

  Hong Kong’s economic winter is over.

  Judging from the data, Hong Kong’s economy once bottomed out in 2022. Since the beginning of this year, the Hong Kong SAR Government has repeatedly lowered its annual GDP growth forecast from 2% to 3.5% to minus 3.2%, and it is expected to record a fiscal deficit of over 100 billion Hong Kong dollars.

  Wu Lixian, securities strategist of China Everbright Securities International Co., Ltd., said that Hong Kong is an export-oriented economy, and the goods exported from the mainland of China through Hong Kong have decreased due to the closure measures imposed by the epidemic and the weakening of external demand; In addition, interest rate hikes by major central banks around the world have also continuously impacted the investment environment in Hong Kong. This momentum will make Hong Kong’s economy still face challenges in the first quarter of next year, but Wu Lixian believes that the slowdown in foreign interest rate hikes in the second half of 2023, the economic stability in the Mainland and the relaxation of epidemic prevention measures will bring good news to Hong Kong.

  In fact, the dividend has been delivered in advance in the last few days of 2022. On the evening of December 26th, the joint prevention and control mechanism of the State Council released the "Overall Plan for Implementing" Class B and B Tube "for novel coronavirus infection, which proposed to cancel the nucleic acid detection and centralized isolation for all personnel after entry. This means that Hong Kong will soon achieve "customs clearance" with the Mainland.

  Zhuang Tailiang, executive director of Liu Zuode Institute of Global Economics and Finance of the Chinese University of Hong Kong, said in an interview with China News Service: "With the recent reopening of the mainland, the flow of people between the two places will drive up the retail, tourism and store rents in Hong Kong. It is estimated that Hong Kong’s GDP will increase by 5% next year."

  Hold a grand event and return to the world stage

  The economic forecast for the whole year is hardly optimistic. Chen Maobo, Financial Secretary of the Hong Kong SAR Government, once said that as long as the epidemic continues to be controlled and foreign activities are further resumed, it is expected to support the gradual strengthening of economic recovery in the future. In 2022, Hong Kong did just that.

  Since the epidemic situation gradually stabilized in the second half of the year, "returning to normal" has been put on the agenda, and the entry epidemic prevention measures have been gradually relaxed, and restoring communication with the outside world has become the primary task. Since the end of August, the "Belt and Road" Summit Forum, Hong Kong Financial Technology Week, International Financial Leaders Investment Summit, International Rugby Sevens, and several Greater Bay Area Financial and Economic Forums have been held one after another, making Hong Kong become the international focus again.

  Li Jiachao, Chief Executive of the Hong Kong Special Administrative Region, delivered the message "Hong Kong has returned to normal" to more than 200 foreign guests at the International Financial Leaders Investment Summit in early November, and received a positive response. International financial giants said at the meeting that Hong Kong is still a very important international financial center, and many foreign companies are preparing to increase investment in Asia and Guangdong-Hong Kong-Macao Greater Bay Area, and Hong Kong will provide assistance as a "super contact".

  It was followed by the international rugby sevens tournament, an international sports event that had been away for three years. In just three days, it attracted more than 65,000 people, many of whom were foreign tourists from afar.

  Zhu Jiajian, a Hong Kong invited member of the National Hong Kong and Macao Research Association, believes that foreign guests have come from afar, which shows their confidence and affirmation in the return of Hong Kong’s economy and proves Hong Kong’s attractiveness to international investors.

  Grasp the opportunity and innovation power in the mainland

  In 2023, Hong Kong is speeding up its return to normality and taking off again.

  "The biggest opportunity for global development in 2023 is in China, and the biggest opportunity for Hong Kong’s development is in the mainland." Cai Guanshen, president of the Chinese General Chamber of Commerce in Hong Kong, believes that relying on the motherland is the advantage of Hong Kong’s economy. Hong Kong’s financial position is solid and its key advantage as a bridge for foreign capital to enter the mainland remains unchanged. I believe that after customs clearance with the mainland, Hong Kong’s economy will soon regain its vitality.

  Cai Guanshen’s confidence comes from a number of new policies issued by Hong Kong this year. For example, Shenzhen Qianhai Administration and the Treasury Bureau of the Hong Kong SAR Government jointly issued "Article 18" in early September, including building Qianhai Shenzhen-Hong Kong International Venture Capital Cluster and facilitating two-way cooperation in cross-border investment between Shenzhen and Hong Kong. He believes that the innovative and breakthrough mechanism for the governments of the two places to support the development of private equity and venture capital funds can not only promote the cooperation between Hong Kong and Qianhai in financial technology, but also help to form agglomeration effect and promote the cross-border flow of innovative capital to form scale effect.

  "All kinds of measures are believed to further attract funds interested in investing in the mainland to use Hong Kong as their base camp, open up the capital circulation between Hong Kong and Shenzhen, guide funds from all directions to invest in Greater Bay Area’s creative industries, and let finance serve the real economy." Cai Guanshen said.

Fully armed test drive Mazda 3 SKYACTIV-X model

  [car home’s original test drive] The protagonist in the martial arts novels has the same life, and he has learned all the magical tricks along the way, so the most anticipated scene is always in the middle of the war, because it is time for the protagonist to show everyone a strong kung fu very smartly. There is no confrontation on today’s stage, but one person’s dazzling skills are also wonderful enough, because you have never seen the martial arts moves used by this protagonist. Let’s welcome a new generation of Mazda 3.

Home of the car

  The new generation Mazda 3 is finally getting closer and closer to us. Yesterday, my colleague introduced all aspects of it to you in detail through video (the video is below). Today, it debuted again, because I brought you the strongest player of the new generation Mazda 3 in Europe, equipped with the new car test drive feeling of Chuangchi Blue Sky -X compression ignition engine. This brand-new engine can be said to be the ultimate weapon of Mazda 3, so let it show its hands quickly.

The following is an explanation video of my colleague who went to Taiwan Province earlier to test drive the new generation Mazda 3 sedan version:

More exciting videos are all on the car home video platform.

■ It is not far from the arrival of domestic models.

  Let’s talk about the domestic models that you are most concerned about. You don’t have to look at the markets that have already sold a new generation of Mazda 3, because the domestic models will come soon, and the official listing time may be in September. Many people should know that the new car will no longer use the name of Angkor Sela. This is Mazda’s new strategy of adopting a globally unified model name. The domestic model is also called Mazda 3, which feels much smoother. However, at the initial stage of the new car, only the sedan version is available, and the power will continue to be equipped with two naturally aspirated engines, 1.5L and 2.0L The hatchback model will be introduced to the market later.

  A new generation of Mazda 3 has been listed in many places, and the power selection is also very rich. There are some models equipped with 1.8L diesel engines, as well as familiar 1.5L and 2.0L gasoline engines. You can even see 2.5L gasoline engines in the American market. Wait, such a rich power configuration, but I just didn’t see the heaviest weapon, the brand-new Chuangchi Blue Sky -X engine. Of course, the long-awaited malicious character will be the finale, and today it finally appeared. Next, starting this autumn, Mazda 3 equipped with Chuangchi Blue Sky -X engine began to deliver cars in Europe and Japan. But when will this model come to us? There is no clear answer from the manufacturer.

Mazda (import) Mazda 3 (import) 2019 hatchback version

● Appearance: sexy sports style

  The new generation Mazda 3 was officially released at the Los Angeles Auto Show at the end of last year, and it has been half a year. Everyone should have some understanding of the appearance of this new car. The reason is very simple, because its design is eye-catching, it has a murderous look like a blade and a sexy figure, so no matter which stage it is on, it can always attract everyone’s attention successfully, and this design is absolutely successful.

Mazda (import) Mazda 3 (import) 2019 hatchback version

Mazda (import) Mazda 3 (import) 2019 hatchback version

Mazda (import) Mazda 3 (import) 2019 hatchback version

  The all-black net makes the whole front of the car serious, and the sense of movement is naturally strong enough. The design of headlights is also fascinating, but from our test drive, the front fog lights are not equipped.

Mazda (import) Mazda 3 (import) 2019 hatchback version

Mazda (import) Mazda 3 (import) 2019 hatchback version

  Although all the hatchback models are contacted this time, the sedan version is the absolute main force in the compact car market with the same price in China. With the sedan body size of the new generation Mazda 3 and the mainstream rival PK, it can be seen that the body length of the new generation Mazda 3 is following the trend, but it has succeeded in showing off in the wheelbase. It would be great if such an advantage can be brought to the actual ride space.

Mazda (import) Mazda 3 (import) 2019 hatchback version

Mazda (import) Mazda 3 (import) 2019 hatchback version

Mazda (import) Mazda 3 (import) 2019 hatchback version

  The reason why the hatchback version has a sexier side is entirely because of the design of the rear of the car. The outline is full and the details are eye-catching, which is really nice.

Mazda (import) Mazda 3 (import) 2019 hatchback version

Mazda (import) Mazda 3 (import) 2019 hatchback version

Mazda (import) Mazda 3 (import) 2019 hatchback version

  The visual effect of the 18-inch all-black rim is naturally excellent, and it is cool in one word. This is definitely a very sporty style. The tire configuration of the test drive is very powerful, and it uses Bridgestone’s Tairan T005A, which has a high positioning, pays more attention to comfort and has outstanding mute performance. Let’s look forward to the tire configuration of domestic models in the future.

Mazda (import) Mazda 3 (import) 2019 hatchback version

Mazda (import) Mazda 3 (import) 2019 hatchback version

  The most deadly thing about the appearance of the new generation Mazda 3 is its sexy line outline, which can be felt especially on the hatchback. Unfortunately, the sedan version will come to us first, but the one that should come will always come, and it definitely has the ability to attract you to see more.

Donnie Yen: Jet Li wounded me twice.

The original fork is less than the past, and the barbecued pork is included in the topic # 81 people stories.

Donnie Yen is the same age as Jet Li, and Jet Li became famous at a young age.

Director Huang Baiming said: "Donnie Yen was unlucky. He played with Jackie Chan and Jet Li for more than 20 years before he became famous."

In 2021, the film Anger Serious Case starring Donnie Yen was released, with a box office of 1.329 billion, becoming the mainland box office champion of Hong Kong films.

The audience watched and marveled that 58-year-old Donnie Yen could still play so well. Some people feel that Jet Li has been away from the film industry for many years.

Donnie Yen was born in Guangzhou in 1963. My father is a scholar, and my mother Bow Sim Mark has been practicing martial arts since childhood.

At the age of two, Donnie Yen came to Hongkong with his father. Donnie Yen’s father likes playing the violin, and Donnie Yen has practiced playing the piano since childhood. When I was a child, Donnie Yen was not strong, and he was often anemic. When walking in the street, he would faint.

Bow Sim Mark is very strict with him, asking him to learn martial arts and sword. Donnie Yen likes to play football barefoot in the corridor. Once the corridor broke glass, and his feet were covered with glass. He asked his mother what to do, but she forbade him to cry and squeezed out the glass pieces.

Bow Sim Mark is good at Changquan and fencing, and has many disciples, so he enjoys a good reputation in the martial arts field. She has high hopes for Donnie Yen and hopes that her son will be her successor.

Every day before dawn at five o’clock, Bow Sim Mark would pull him up to warm up and do various leg press, relaxation and acrobatics. Donnie Yen shouted tired, crying and showing off a word. When he was a little lazy, his mother used wood blade to spank him.

In 1975, Donnie Yen’s father went to the United States as an expatriate editor of Sing Tao Daily, and his family moved to Boston.

From Guangdong to Hong Kong, from Hong Kong to the United States, Donnie Yen has always been an outsider, unable to integrate into the collective. Donnie Yen is lonely in America. His English is not good. He is the only Asian in his class. Walking in the street, someone turned to him and called China.

He desperately wanted to be strong and prove it to others. At the age of 11, he began to practice wing chun’s sticky hands with his classmates. After arriving in the United States, Donnie Yen practiced harder. He watched several films of Bruce Lee for more than 1000 times, and then followed suit. In the martial arts school, a black man bullied him. He could even kick each other in the face, and the other side didn’t have time to dodge.

Gradually, everyone who came to the martial arts school to practice martial arts called him "Bruce Lee".

While Donnie Yen was still practicing martial arts, Jet Li was already a minor celebrity.

He is the same age as Donnie Yen. At the age of eight, he was attracted by the sports coach and entered Beijing Shichahai Sports School to learn martial arts.

In 1971, "Ping-Pong Diplomacy", the state held a table tennis competition to welcome American teams to visit China. Jet Li was chosen as the representative to perform martial arts on the field. This is Jet Li’s first official performance. He is very nervous and his palms are full of sweat. We can’t make any mistakes, because our motherland is expecting our perfect performance.

After the performance, Zhou Enlai met him in the Great Hall of the People.

In 1974, 11-year-old Jet Li took part in the junior group competition of the National Wushu Competition, winning three championships in succession. "Wulin" magazine commented: "Li Zhengdong (Jet Li) has a solid and comprehensive technique, and he has made great efforts in fighting knives, guns, sticks, swords and fists, especially knives and fists, which have reached a superb level."

In the same year, Jet Li followed the China delegation to visit the United States and performed for the President in front of the White House. After the performance, President Nixon took a group photo with him: "Kid, your kung fu is impressive. Will you be my bodyguard when you grow up?"

Jet Li clear voice replied: "No, I want to protect hundreds of millions of people in China!"

The scene was silent. Nixon was embarrassed. Fortunately, Kissinger stepped forward to clear the air: "My God, at an early age, you are already talking like a diplomat!"

In 1978, 15-year-old Donnie Yen came to Beijing Shichahai Sports School to learn martial arts and became Jet Li’s younger brother.

Donnie Yen grew up in Hong Kong, and his Mandarin was poor, so it was difficult to communicate with his classmates. He doesn’t have any friends, so he spends all his time on training. At night, everyone sleeps, and he still works hard in the martial arts hall.

Jet Li is well-known in sports schools, winning five national Wushu all-around championships in succession. But Donnie Yen only met him twice. Once, Jet Li gave martial arts instruction to his younger brothers. They never talked.

After the new wave in Hong Kong in 1979, commercial films rose. Director Zhang Xinyan "borrowed" Jet Li to star in Shaolin Temple.

At that time, the planned economy was still in full swing. Jet Li played the leading role of Jue Yuan in Shaolin Temple, but he earned only 700 yuan for nearly two years-one yuan a day. At that time, Hong Kong people who played dead bodies could get 50 yuan a day. Jet Li is mentally unbalanced, but he dare not say.

In 1982, Shaolin Temple was released, which won HK$ 16.16 million at the box office in Hong Kong, breaking the highest record of kung fu films. On the mainland, it earned 160 million yuan at a fare of 10 cents. Jet Li became popular. In half a year, he received more than a dozen sacks of letters, including apprentices, apprentices, love letters and bloody books.

A Hong Kong director watched Shaolin Temple, admired Jet Li, and gave him a check: "If you sign the contract, you will help me make two films, and this 6 million will be yours."

Jet Li, 19, had never seen so much money before, and told the unit leader cheerfully. Unexpectedly, a cold water poured down, and the leader said, "The money has to be handed over to the unit."

Jet Li resented the adults who controlled himself. He broke his leg in a training session "strangely" and left the unit.

After that, Jet Li starred in three "Shaolin Temple" films in succession and became a well-known movie star.

When Jet Li relied on the Shaolin Temple fire, Donnie Yen also left Shichahai Sports School and returned to Boston. He took part in a martial arts competition in the United States and won the championship in one fell swoop. At the same time, Donnie Yen is planning to enter the film and television circle.

Yuan Heping, the martial arts director’s sister, used to learn from Bow Sim Mark. With this relationship, her mother sent Donnie Yen to make a movie.

In the 1980s, the competition of Hong Kong Kung Fu films was fierce, and the martial arts directors fought each other.

The competition among Hongjiaban, Yuanjiaban and Liujiaban was fierce. Chengjiaban (Jackie Chan) simply jumped off the fifth floor and hit a car, then bounced back to another car.

When Jackie Chan and Sammo Hung successively released the well-received and blockbuster Plan A, Fast Food Car and death tower, Yuan Jiaban had nothing to shoot. Donnie Yen suggested to Yuan Heping: "Their plays can be piled up with money. If we have no money, we will play a personal style."

Yuan Heping asked Donnie Yen to take a look, thinking that his movements were too "modern" and suggested that he imitate Jet Li. Donnie Yen thought, "Imitate what, it’s just fighting anyway." He knocked his opponent to the ground as soon as he came on the stage.

His kung fu is "too hard", and his fists are full of flesh, which has no aesthetic feeling. After watching it, the audience said, "It’s vicious, too bloody." Fans don’t appreciate it. Everyone advised him to change careers, and he said that he would stick to it.

Jing Wong watched Donnie Yen’s film and said, "Donnie Yen will be a superstar after Bruce Lee, Jackie Chan and Jet Li." But Donnie Yen is very inferior: "I really don’t know if I am this lucky superstar."

Donnie Yen and continuous shooting have made seven or eight films, but they are still not as good as a second-line movie. He mainly works as a walk-on in the crew, and the films with leading roles are all small productions directed by Master Yuan Heping.

His salary is low, and he will only think of him when the film is short of funds. He said, "I feel sorry for myself. As long as I can afford the salary, they will go to others."

In 1991, Tsui Hark found Jet Li and invited him to star in the new play Huang Feihong 1.

Tsui Hark not only wants to fight, but also wants him to film the beauty of lions preying on Tibetan antelopes. Jet Li focused and contributed a set of shadowless feet with seven consecutive kicks.

In 1991, the film was released, which earned more than 29 million box office in Hong Kong, and the response was fierce. When Hong Kong people saw Jet Li, they all called him "Master Huang". Jet Li jumped from "Shaolin boy" to "a great master".

In the second film "Men Be Strong", Tsui Hark asked Donnie Yen to play the villain and put pressure on Jet Li.

For the sake of film and television effect, Tsui Hark asked Jet Li to do his utmost to interrupt the pillar in front of Donnie Yen. Jet Li made a full-scale effort with a bamboo pole, but he missed the post and accidentally interrupted Donnie Yen’s brow bone. Donnie Yen covered her head and took three steps back. When she raised her hand, she was bleeding like a column. She was sent to the hospital for six stitches.

Donnie Yen described: "Jet Li is really fast, he is fast, and I want to be faster. If you are a beat slower, all the lights say, come again, and NG will be ugly. I don’t want to lose. "

"Men Be Self-reliant" continued the popularity and reputation of the first film, with a box office of over 30 million. In 1993, Donnie Yen was nominated for the Best Supporting Actor in the Academy Award for his character Nalan Yuanshu.

At that time, Hong Kong films emphasized literature over martial arts, and Donnie Yen didn’t win the prize. He said, "All the actors and heroines were sitting in the middle of the stage, and our group, martial arts directors and martial arts actors were sitting next to them."

After Donnie Yen and Jet Li took the stage, the stage began to pick up, but Chiu Man-Cheuk didn’t want to steal the show.

Chiu Man-Cheuk Donnie Yen Jr. was nine years old, but he made his debut early. When he was still in school, he was pulled out by the martial arts school to play the role of "Fang Shiyu" and played the role of nine prefects. After Jet Li broke up with Jiahe, Chiu Man-Cheuk also took the role of Huang Feihong. His eyebrows are sharp and his eyes are sharp, and he plays beautifully. Tsui Hark praised him: "Chiu Man-Cheuk can’t repeat a hundred moves."

Some viewers even said: "Although Jet Li Zhuyu is in the forefront, Chiu Man-Cheuk is more like a grandmaster."

Jackie Chan even named the surname and commented: "In the mid-1990 s, Hong Kong movies, a Jason Wu and a Chiu Man-Cheuk, I think they should be my successors and Jet Li." There is no mention of Donnie Yen in the same year as Jet Li.

In the mid-1990s, Jet Li left Jiahe Film and Television to set up Zhengdong Film Company.

Zhengdong Film has successively released many films, such as Fang Shiyu, Zhongnanhai Bodyguard, Jingwu Hero, etc., which are well received and well received. Fang Shiyu, the Kung Fu Emperor, made a box office of 30 million yuan, which was even more popular than Huang Feihong. After the film was finished, Jet Li became the Kung Fu Emperor.

During this period, almost all the martial arts films were made by Jet Li and Jackie Chan, who were a Kung Fu emperor and a super policeman, and the films were constantly being made.

In contrast, Donnie Yen is still tepid.

After Jet Li quarreled with Jiahe, the corner of Zhou Huai ‘an in New Longmen Inn was replaced by Tony Leung Ka Fai. Donnie Yen played the villain Cao Shaoqin, with a long face and dark eyes, leaving a few classic roles in this period. However, his coffee table is low, and he stands in the crew for one day with a sword, and he doesn’t even have a seat.

Since then, Donnie Yen has starred in a series of films, such as "The Iron Horse" and "Su Beggar", and started to catch up with Jet Li.

Jet Li played Hong Xiguan and Donnie Yen played Hong Xiguan in the same year; Jet Li finished "Jingwu Zhen Chen", followed by Donnie Yen in Zhen Chen. Donnie Yen plays whatever Jet Li plays. But the audience still likes Jet Li.

In 1996, The Iron Horse of Young Huang Feihong was released, and Donnie Yen played Huang Feihong’s father Huang Qiying. In the film, Donnie Yen offers a set of shadowless feet that are more handsome and kicking more than Huang Feihong. Huang Feihong Jr. in the movie was repeatedly hit on the head by Huang Qiying.

This film has a huge investment, directed by Yuan Heping and written by Tsui Hark. The film wanted to rub off the popularity of Huang Feihong, but it didn’t turn out to be a box office fiasco. In the eyes of Hong Kong people, Jet Li is a great master, and Donnie Yen is just a fan of the great master. The audience doesn’t pay.

Even Yuan Heping said, "I have cooperated with so many action actors, and I think Jet Li is really first-class. Because he knows too much martial arts, he knows everything you say, like a kung fu dictionary. He is a rare talent. " But for Donnie Yen, Yuan Heping just said: "He is particularly hard-working and (Kung Fu) is very solid."

In 1996, dissatisfied with the status quo, Donnie Yen began to plan to be a director himself.

Donnie Yen is good at footwork. In order to prove that he can fight, he directed and performed his debut novel "The Legend of War Wolf". The plot of the film was messy, but it was played fiercely from beginning to end, and only 810 thousand was collected in the end. The audience said, "What Donnie Yen made was not a movie, but loneliness."

When making the second film, the capital chain was broken, and no one wanted to invest in him. Donnie Yen borrowed usury and his account was only HK$ 100. There are media reports that Donnie Yen can’t even afford to eat. He was under great pressure, and his heart had a problem. The doctor said that he needed a knife and put something behind his atrium.

Donnie Yen’s career was at a low ebb and his marriage broke up.

After 1996, influenced by Hollywood, Hong Kong action movies declined rapidly, and Jet Li went to Hollywood to make movies. Donnie Yen didn’t want to transform. He said, "There is still a lot of room for action movies."

By the end of 1990s, even Chiu Man-Cheuk, who was later than his debut, became popular, and Donnie Yen had nothing to shoot and returned to the United States. Later, he went to Germany and Japan and became a martial arts director or director.

In 2002, Zhang Yimou made a commercial blockbuster "Hero" and asked Jet Li to play the leading role.

At the shooting scene, the actor who played against Jet Li couldn’t catch up with his tricks at all. Jet Li was angry and asked Zhang Yimou to change people: "My opponent must cooperate with Donnie Yen."

Jet Li brought Donnie Yen from the United States, and they fought each other. Jet Li plays the role of nobody, and Donnie Yen plays the role of the sky. In the film, they have a master duel.

Donnie Yen used a red tassel gun, Jet Li used a sword, Jet Li took a sword, and Donnie Yen used double speed to turn a pike. Donnie Yen was under great pressure. He said, "I really used all my explosive power to meet his swordsmanship. Jet Li was too fast."

Zhang Yimou was not satisfied with the scene of the confrontation between the sky and the nameless, which was filmed for 20 times. For the last time, because the staff who hung Weiya pulled two inches less, Jet Li slammed his sword and just stabbed Donnie Yen on the eyebrow. Jet Li was worried: "Zidan, you are bleeding." When Donnie Yen asked where it was, Jet Li pointed and said, "Old place".

Donnie Yen said with a smile, "It doesn’t matter. Every time I get hurt, the movie will sell like hot cakes. It’s a good start." He had six more stitches.

After the film was finished, the box office won a great victory in North America. Jet Li appeared on the cover of Time magazine and became an international superstar, while Donnie Yen got nothing. The public played the devil’s advocate, saying that he was a match for Jet Li, and Zhang Yimou couldn’t save him. But Donnie Yen said, "I just know what it’s like to make a movie now.".

In 2005, Tsui Hark prepared to make the film Seven Swords, with Donnie Yen as first hero. When filming, other stars will leave the set without any scenes, and Donnie Yen is alone in Tianshan Mountain from beginning to end.

This year, Donnie Yen was 42 years old, and he was still not angry after shooting dozens of works, but he was not discouraged: "Although I have also shot some bad films, my mentality is not bad."

In 2005, Donnie Yen played with Jason Wu in kill the wolf. Jason Wu’s role was originally set to be a shot, and Donnie Yen pleaded with investors: "This wastes Jason Wu’s kung fu."

Donnie Yen added drama to Jason Wu out of his own pocket. In the narrow alley, Donnie Yen took a solid stick and whipped it at Jason Wu. Jason Wu blocked it with his arm, and the stick suddenly broke in two and flew out.

This street fight was filmed all night. Donnie Yen pulled off four sticks. Jason Wu gasped and said, "All the anger is on his face. It really hurts!"

After the film was released, it sold well at the box office, and the 45-second alley play was breathtaking. After watching it, the audience all said, "The fight between the crowbar and the dagger in the alley made kill the wolf the most exciting action movie ever."

Donnie Yen won the Best Action Design Award, and Jason Wu also pulled out his feet from comedies and bad plays.

In 2008, director Ye Weixin filmed Ip Man and invited Donnie Yen to play the leading role.

Some colleagues laughed at the film producer: "psycho, why did you sign him?" It’s going to be red early. " Ye Zhun, IP Man’s son, saw Donnie Yen and said, "It’s a far cry from his thin father."

Ye Weixin encouraged him: "In fact, you are good at acting, but you just don’t know how to release the acting cells."

Donnie Yen cherished this opportunity, bought a lot of books to study Ip Man, and even took books to the toilet. In order to lose weight, he only ate vegetables and carbohydrates every day, lost 20 pounds and went to the hospital twice. In the scene with Fan Shaohuang, because he was too weak, he escaped the broadsword cut by the other side, but he was hit in the corner of his eye by the handle of the knife and almost lost his sight.

Donnie Yen’s old illness recurred during filming. He hired three doctors, massage, cupping and acupuncture, but the doctor said that these only treated the symptoms, not the root cause, and the only radical cure was surgery, but there were risks, so he might not be able to exercise flexibly from now on.

Donnie Yen thought after listening: Throwing caution to the wind, the big deal is to transform behind the scenes.

In 2009, "Ip Man" was released, and it became the runner-up at the Hong Kong box office. Donnie Yen was in a mess, and his pay rose from 5 million to 13 million, making him the "king of gold". In 2012, with a revenue of 115 million yuan, Donnie Yen also beat Fan Bingbing and topped the list in forbes china celebrity.

Huang Baiming, the film owner, said: "Donnie Yen’s luck is not good. He played with Jackie Chan and Jet Li for more than 20 years before he became famous."

With the role of IP Man, he was nominated for the first time as the best actor in the Academy Award, and also won the Best Actor Award in the Beijing University Student Film Festival. Donnie Yen said: "This is my first (actor) award … Now that everyone looks up to (me), I must try my best." After giving his acceptance speech, he danced with excitement.

In the 13th China Watch Awards Ceremony in 2009, Ip Man won the best co-production, and the winner was Jet Li. Donnie Yen gathered her clothes, quickly came to the stage and gave him a big hug.

"Ip Man" series made Donnie Yen famous. Once the crew went to Africa for filming, where life was poor and there was no TV, but when the hotel staff saw Donnie Yen, they immediately shouted "IP Man". Donnie Yen was very excited. He said, "Ip Man has promoted Chinese martial arts, but I didn’t expect its influence to be so great."

The leader met Donnie Yen, shook his hand excitedly and said, I have seen your IP Man.

In 2008, Jet Li and Jackie Chan completed the century cooperation and starred in the Hollywood blockbuster forbidden kingdom. Jet Li plays the leading role and is also an investor.

Since then, Jet Li began to reduce production and focus on his own One Foundation public welfare undertakings. The banner of action movies falls on people like Donnie Yen, Jason Wu and Chiu Man-Cheuk.

Hong Kong action movies have been in the doldrums for many years, and many action actors have transformed or given up, but Donnie Yen still insists. Yuan Heping said with emotion: "Donnie Yen never gave up being an actor, so he was the last one to get angry."

In 2016, "ip man 3" was released, and the media called it the three martial arts stars in China, along with Jackie Chan and Jet Li. Donnie Yen left a handprint in TCL China Theater, becoming the second Chinese movie star to leave a handprint after Jackie Chan.

The following year, Donnie Yen won the lifetime achievement actor award and the best actor award in Foshan Kung Fu Film Week. Donnie Yen has become one of the few remaining action stars.

Jackie Chan lamented the Star Fault: "There may be no need for action actors in the future."

In the year when Donnie Yen won the prize, Jason Wu also became the highest-grossing actor in China with Wolf Warriors 2. In order to film Wolf Warriors, he mortgaged his house. He said to Iola, "If you lose, you really have no money. Do you want to get married? Think about it."

"Wolf Warriors" constantly set a new record for China’s film history. Jason Wu panicked and called his senior brother Jet Li. Jet Li told him: "From now on, be a man with your tail between your legs."

Since forbidden kingdom, Jet Li has only played the leading role in flying swords of dragon gate and Ocean Paradise. The former is to make up for the regret of Xinlongmen Inn, and the latter is linked to public welfare.

Jet Li fell ill and got farther and farther away from the film industry. Even a photo of "Jet Li is 80 years old" has gone viral on the Internet, in which he has a rickety figure and gray hair.

In 2017, Ma Yun invited Jet Li out of the mountain to promote the martial arts director’s kung fu film "Gong Shou Dao". This short film has assembled more than 10 kung fu masters, including Sammo Hung, Donnie Yen and Wu Jingdu, and the protagonist is Ma Yun. Jet Li plays a sweeping monk in the film, and he stands on the edge of the official poster.

The reporter asked him about this question, and Jet Li said, "What does that matter?"

In 2017, Donnie Yen and Jet Li performed in Mulan at the same time, and the audience expected them to play again. As a result, Donnie Yen played Mulan’s mentor and Jet Li played the emperor, which were basically literary plays.

Jet Li said at an event: "Donnie Yen is 56 years old and still can play. He is a very good action actor." Speaking of himself, he said: "My luck is the best. I played the leading role as soon as I debuted and never fell."

When Mulan finished filming, Donnie Yen took a photo with Jet Li. The essay said: "I am very happy to cooperate with Boss Jie for the fourth time. Although we can’t start shooting on the same day in the same year, we can finish filming on the same day in the same year. Everything is fate. Thanksgiving! "

In the photo, the two men are wearing hats, with obvious wrinkles on their faces, but they are laughing happily.

In August, 2021, the action movie Anger Serious Case starring Donnie Yen Nicholas Tse was released, with a box office of 1.329 billion, becoming the mainland box office champion of Hong Kong films.

The audience watched and sighed with emotion, marveling that Donnie Yen, 58, could still play so well. Some people feel that Jet Li has been away from the film industry for many years.

In the later period of Ip Man series, Donnie Yen gradually focused on literature and drama. In one scene, the martial arts school came to kick the gym, but Ip Man did not take up the challenge. First, he invited the other party to have dinner and dessert, and then he smoked and drank tea.

In order to show the sense of life, Donnie Yen also joined some scenes of being afraid of his wife, and the role of Mrs IP Man was taller than that of Donnie Yen.

Director Ye Weixin praised him: "Donnie Yen (acting) is getting more and more vigorous."

He said: "I have been filming for 37 years, and it was not until more than 20 years later that I began to move on to acting." (Before) I constantly wanted to prove that I was the strongest fighter in the film circle. Wushu made me, but at the same time it restricted me and it was difficult to turn back. "

In "Ip Man 4", IP Man suffers from cancer, his wife dies and his son is scattered, and finally he chooses to return to China to teach his son Kung Fu and live the rest of his life. Off-stage, Donnie Yen returned to his family and insisted on cooking for his wife and daughter.

The reporter asked why there have been fewer and fewer operas in recent years. Donnie Yen said: "Why pursue the strongest universe? Because the foundation is not thick enough and self-confidence is not enough, when you reach a certain level, you will know how to appreciate the so-called strongest, but you will no longer demand it. "

In 2019, when Ip Man 4 ended, Donnie Yen said, "This is my last action movie." A reporter asked: "Donnie Yen, what was your state when you finished filming the last scene of Ip Man 4?"

Donnie Yen’s eyes were empty and he said simply, "I’m relieved."

When I met the role of IP Man, Donnie Yen was 45 years old.

In 2008, a reporter asked him: "Some action stars, like Stallone, are still playing in their fifties, which makes people feel tired. What do you think of this? "

Donnie Yen replied, "Everyone has his own choice. To be a man, you must first have self-knowledge and choose your own path. "

Some references:

1. An Interview with Donnie Yen and Jet Li on "An Appointment between Shandong and Henan"

2. Very quiet distance, Donnie Yen

3. Made in Jet Li, China, Southern Weekend.

4. Jet Li’s Skill and Tao, Southern Weekend.

5, "Donnie Yen tough guy’ daughter slave’", characters

6. Dragon and Tiger Martial Master: Without them, there would be no golden age of Hong Kong Kung Fu movies, Sanlian Life Weekly.

7. "Chiu Man-Cheuk: Breaking with Donnie Yen", the past is barbecued

8. "Nine years ago, I interviewed Donnie Yen for the ultimate fighting", the first director.

9. "Civil and Military Donnie Yen", Southern Weekend.

Original title: "Donnie Yen: Jet Li wounded me twice"

Read the original text

Deep blue project: 6-seat SUV& compact car attack

A few days ago, we got a set of matrix planning about the future products of Deep Blue Automobile from the Internet. From the picture, Deep Blue will form two product matrices in the future, which are expected to be urban SUV and sedan series and hard-core off-road G318.

In addition, Deep Blue will launch 5/6 large SUV models in the future, and a compact car product will meet us.


Deep Blue delivered 27,862 units in October, with a total order of 36,277 units, and the order for Deep Blue S05 exceeded 10,000 units in 10 days. I hope Deep Blue can keep this rhythm and bring us better products and services in the future.

Comparative Analysis on the Performance of GS8/GS7 Quoted by GAC Chuanqi GS7


[Phoenix Auto Market Original] Most self-owned brand car companies are keen to launch high-end products that reflect their own strength, but after so many years, they can get very little in the auto market, which is an outstanding representative. It has successfully occupied the 200,000-level SUV market that has discouraged most independent brands, which has really promoted the national brand.


GS8 also has a brother model called GS7. It can be seen from the car name that "7" should be a little lower than "8", but in fact, GS7 is only 8 cm shorter than GS8 in body length and wheelbase, while the body width and height are the same. The rest of the changes will be introduced in this paper.


The first time I saw it was in north american auto show at the beginning of the year. When our leaders introduced the GS7 to the global media in fluent English, my heart was still very excited. It’s not that China brand cars finally entered the United States (north american auto show participated in the exhibition in 2015), but that the GS7 was put in North America at all, and the atmosphere was even more American than some American SUVs, and American consumers could drive their new cars home by 2019 at the latest!

However, friends who like Chuanqi GS7 don’t have to wait until 2019. On August 26th, Chuanqi GS7 will announce its selling price and go public, and its pre-sale price is only 155,800. Referring to the starting price of the GS8 model of 163,800 yuan, the starting price of the GS7 should have a price difference of about 10,000 yuan with the GS8. This is a relatively close situation, which seems to be difficult to choose, but it is a topic between young and 7-seater, that is, the GS7 featuring "big 5-seater" is more affordable and younger, while the GS8 with a minimum allocation of 7 seats will continue to appear as a 7-seater model of Chuanqi.

Younger designs and settings




It is said that Chuanqi GS7 is young, mainly reflected in the design. Although GS7 and GS8 are in the same strain in design, they only shorten the body length by 8 cm, but the oppressive feeling of GS7 is not as obvious as that of GS8. The chrome-plated decoration on the front bumper turns black and restrained a lot, and the cancellation of the suspended rear also reduces some visual pressure, which has the advantage of letting GS7 put down some seriousness.


There is almost no change in the rear of the car. If you want to distinguish the GS7 from the GS8 at the rear, you may only have to pass the tail label. It should also be that GAC is very satisfied with the design of this tail and wants more consumers to feel this American style.


Black is the main tone of the interior.


The keyword "young" is also reflected in the interior. The wooden decorative board that originally ran through the door and center console was replaced by carbon fiber decorative board, and black became the main line in the car. The brown stitching interspersed among them also reflected the grade of details. Obviously, the interior style of GS7 is more popular with young people.


In terms of internal design and functions, GS7 and GS8 are basically the same, and the buttons in all areas are the same. The overall impression is that the functions are complete, such as seat ventilation, interconnection system, parallel auxiliary, panoramic image, large panoramic sunroof, wireless charging and other functions are also available.


It’s as simple as reducing the third row of seats.




Space is the obvious difference between GS7 and GS8, but it is only as simple as reducing the third row of seats. In fact, because the width and height of the car body are the same, the performance of the GS7 in the first row and the second row is similar to that of the GS8. When you sit in the second row, you can obviously feel the spaciousness of the space, not only the legroom and the head space are abundant, but also you won’t feel crowded even if you are full of three passengers.


As for the front row, let’s find the feeling of driving an American SUV, and the head space is very abundant. The seats are also very comfortable, and the feedback of cushions and the texture of leather are quite American-style.


The rear luggage compartment space of the GS7 is similar to that of the GS8 with the third row down. Although it will definitely be slightly smaller, it is still very useful as a whole. There is no problem in putting down two 30-inch suitcases. However, our GS7 without electric tailgate will have a little difficulty in opening the tailgate, which is mainly related to the heavy weight caused by the large size of the door.

Add 1.8T models.


Compared with GS8, GS7 has added 1.8T engine to choose from, mainly to lower the purchase threshold, and the four-wheel drive system is also only available for 2.0T top models. The 1.8T model is named as 280T, that is, the maximum torque is 280 Nm; The 320T model is a 2.0T engine with a maximum torque of 320 Nm. All models of GS7 come standard with 6-speed automatic manual transmission, which is the third generation product of Aisin.


We are driving the 2.0T predecessor version of GS7, which should also be the main choice of consumers. From the overall driving experience, it is similar to GS8. The power output is comfortable and the connection is gentle. Even if the accelerator is stepped deeply, we can feel that the engine is releasing power in a very "stable" state, but "stable" does not mean "slow", which reflects the cleverness of adjustment.


The transmission also provides four driving modes: energy saving, sports, manual and snow. The energy saving mode will restrain the power to a greater extent, while the sports mode will automatically raise the engine speed to more than 2000 rpm, which are also relatively conventional settings.


The feeling of GS7 steering is more direct than that of GS8. It can be reflected in the change of driving trajectory by slightly moving the steering wheel, which is a relatively sporty setting in the same size SUV. Considering the body width of 1910 mm, driving on the road really requires the driver to pay more attention to the steering wheel.


As a large-size SUV model, the GS7 also has the common characteristics of large-size SUVs, that is, the center of gravity is high. GAC Chuanqi said that the suspension of the GS7 has been set to be harder than that of the GS8, but it is actually comfortable, so drivers need to pay attention not to drive too fast when passing through corners, otherwise passengers may feel pressure.


Comfort when driving at high speed is the strength of GS7. Firstly, GS7 has a good driving feeling and is easy to drive. The lower noise level also brings a more advanced comfort experience; The higher body also has a wider field of vision, which also improves the safety of high-speed driving to a certain extent.


Choose 5 seats or 7 seats

Compared with the GS8, the remarkable difference of the GS7 is that it has become five seats, while the interior is younger, the driving is tighter and the suspension is a little more sporty. These are all younger performances. Considering that the price of the GS7 will be lower than that of the GS8, it also means that the GS7 is suitable for young people who are pursuing quality of life, and the GS8 will be more chosen by consumers who have already established their families.




A real tank 300 owner, driving 10 thousand kilometers of tank 300 car experience to share with everyone!

"I finally know what cyber violence is about. I’m not a professional car critic, but a real car owner. From the perspective of actual car use, I shared my experience of driving a 1wkm tank 300 car with you. 1. The fuel consumption is a bit high. I rarely travel far in this car, and it’s basically the suburbs of the city, with a comprehensive fuel consumption of 18-19, not the 13 shown.

Some people may not believe it. On January 7th, I added Sinopec 92#460 yuan. At that time, it showed that the mileage was 9,488 kilometers. When I ran to 9,820 kilometers, it suggested that there was a shortage of oil. After running for about 320 kilometers, I calculated that the fuel consumption was 19.45 liters, which was barely acceptable, because I only ran for more than 300 kilometers every month. If you use the car for a long time, you need to calm down.

2, when I bought a car, I also had a restless cross-country heart, but I was more distressed after actually getting the car. Except for going to the small dirt road in the village, I have never been cross-country. After all, a car with more than 20 W is also very distressed for petty bourgeoisie families. If you have a lot of cars at home, forget it. If there is only one scooter like me, you have to think about it.

3, the comfort of passing some potholes is not good enough, which is much worse than mpv and cars of the same price. The elderly and children are very uncomfortable in the car, and the non-loaded body is shaking very much, which I can accept.

I just said some real car experience, but I didn’t expect to be attacked in reality … I really convinced these network keyboard men, and welcome you to come to the field to test whether my mileage and refueling amount are true. You always talk about supporting domestic production.

However, I used the actual car action to prove that in 2017, I bought a manual transmission Haval m6, which was 9.48w, and landed nearly 11 W. However, after driving for three months, the Haval m6 dropped to more than 6w, and after losing so much, I still raised 300 yuan. My friends around me advised me not to buy it, but I still bought it. I didn’t do anything that made people angry. I just shared my real car experience. In reality, I was reviled by text messages and phone calls. Today I will say the last one.

Tank 300 is actually a product invested by consumers who like hard-core off-road and don’t have such a high budget. There are many advantages and disadvantages, and any vehicle exists, not to mention a hard-core off-road with more than 20 W. It is not a bad thing to share the advantages and disadvantages of a car and give consumers a better car purchase suggestion. Online joint venture brands can be scolded casually, but we can’t say that our own brands are not good. It is unpatriotic to worship foreign things and flatter foreign countries.

How does the change of supply and demand in palm oil market affect futures value? What are the rules for these changes?

Palm oil, as one of the most important edible oils in the world, its market supply and demand changes have a far-reaching impact on the futures value. It is very important for investors and market analysts to understand these changes and their laws.

First of all, the supply of palm oil mainly depends on Southeast Asia, especially Malaysia and Indonesia. Palm oil production in these two countries accounts for more than 80% of the global total. Therefore, any factors that affect the production capacity of these two countries, such as climate change, policy adjustment or labor market fluctuation, will directly affect the supply of palm oil. For example, extreme weather conditions such as drought or flood may lead to a decline in production, thus pushing up palm oil futures prices.

Secondly, on the demand side, palm oil is widely used in food processing, biofuels and cosmetics. Global economic growth, population growth and changes in consumer preferences will all affect the demand for palm oil. For example, with the increasing global demand for renewable energy, the demand for palm oil in biodiesel production is also rising. This increase in demand usually pushes up the price of palm oil futures.

The impact of supply and demand changes on the futures value of palm oil can be displayed more intuitively in the following table:

factor Supply impact Demand influence Futures value change climate change reduction of production No direct influence rise Policy adjustment Production restriction increase in demand rise economic growth No direct influence increase in demand rise consumer preference No direct influence Demand change wave

In addition, the supply and demand changes of palm oil market still have certain seasonal laws. For example, November to February is the peak of palm oil production, because this period is the rainy season in Southeast Asia, which is conducive to the growth of palm fruit. On the contrary, June to August every year is the low yield period, because this period is the dry season, which is not conducive to the growth of palm fruit. This seasonal change will also lead to periodic fluctuations in palm oil futures prices.

Finally, global trade policies and geopolitical factors will also have a significant impact on the palm oil market. For example, the adjustment of tariffs, the change of trade agreements or the political instability of major producing countries may all lead to the imbalance between supply and demand in the market, thus affecting futures prices. Therefore, investors need to comprehensively consider these macroeconomic and political factors when analyzing the palm oil futures market.

In a word, the change of supply and demand in palm oil market is a complex and multi-factor driven process. Through in-depth analysis of these changes and their laws, investors can better grasp the market dynamics and make more wise investment decisions.

(Editor in charge: difference extension)

[Disclaimer] This article only represents the author’s own views and has nothing to do with Hexun. Hexun.com is neutral about the statements and opinions in this article, and does not provide any express or implied guarantee for the accuracy, reliability or completeness of the contents. Readers are requested for reference only, and please take full responsibility. Email: news_center@staff.hexun.com.

His net worth has shrunk by 200 billion. How does "Mr. Twitter" Musk tell the Tesla story well?

Author | Wang Yajun  

Cover Source | Douban Entry  

On January 26th, Beijing time, Tesla released the latest financial report: in the fourth quarter of 2022 (hereinafter referred to as Q4), the revenue increased by 37% year-on-year to US$ 24.318 billion, and the net profit increased by 59% year-on-year to US$ 3.687 billion, both hitting record highs and exceeding market expectations.  

During the period, Tesla’s vehicle production and delivery both reached new highs: Q4 produced 439,701 vehicles and delivered 405,278 vehicles, up 44% and 31% respectively.  

On the first trading day after the financial report was released, Tesla closed up nearly 11% and its market value returned to 500 billion US dollars.  

DanielIves, a well-known Tesla bull and Wedbush analyst, believes that Q4 in 2022 will be "one of the most important financial reports in Tesla’s history" because its dominant position in the electric vehicle market is facing new resistance in the past few years.  

Before the financial report was released, Tesla took the lead in the unprecedented price reduction promotion in the domestic market on January 6, and then spread the price war to the United States, Europe and other places. Musk said in the earnings conference call that he saw the strongest order in Tesla’s history in January, and the current number of orders is almost twice the production capacity.  

In 2023, Tesla gave a delivery target of 1.8 million vehicles in the financial report, an increase of 37% compared with 2022, which was lower than the previously set long-term target (an annual increase of 50%). However, Musk is also optimistic that if there is no external interference, 2 million cars may be produced and sold in 2023.  

The price of cars has dropped, but the growth rate of delivery has slowed down.  

In Q4 of 2022, Tesla, the "price butcher", once again showed the cutting edge of price reduction.  

Since October, 2022, Tesla has successively reduced prices in China and North America. Musk’s goal is to sell all the cars produced in Q4 that year and usher in an "epic year-end".  

However, due to the small price reduction, the effect of exchanging price for quantity is not satisfactory. Tesla delivered a total of 405,300 vehicles in Q4, with a year-on-year growth rate slowing from 71% in the same period of last year to 31%, and a year-on-year revenue growth rate of 37%, a record low in the past two years. MarkDelaney, an analyst at Goldman Sachs, believes that Q4′ s delivery data is "an increasing negative factor".  

 In Q4 last year, Tesla’s output exceeded the delivery by 34,423 vehicles, and the annual difference was 55,769 vehicles. In 2022, Tesla delivered a total of 1,313,800 vehicles, which failed to reach the annual target (1,404,100 vehicles), and the throne of the annual new energy vehicle sales crown was also taken away by BYD.  

As the most profitable new energy vehicle company in the world, Tesla’s net profit growth rate slowed down obviously in Q4 last year, even less than Q2, which was affected by epidemic and supply chain.  

The price reduction promotion also lowered the gross profit margin. Tesla Q4′ s gross profit margin was 23.8%, down 3.6 percentage points from the same period of last year and 1.3 percentage points from the previous month, hitting a new low in nearly seven quarters.  

  In the face of the decline in profitability brought about by price cuts, Musk believes that Tesla can get compensation from autonomous driving.  

In a Twitter space discussion at the end of 2022, Musk said that the value of a car that can drive automatically is much higher than that of a non-self-driving car. Even if the profit margin is extremely low when selling a car, it can be upgraded to automatic driving. It can bring a lot of income. "Only Tesla can do this."  

FSD(FullSelf-Drive) brought Tesla $324 million in revenue in Q4. Tesla has released a beta version of FSD to almost all customers in North America, and the number is about 400,000.  

In addition to the slowdown in growth and the decline in gross profit margin, Musk, as the soul of Tesla, was also distracted by Twitter.  

Musk proposed to acquire Twitter in April 2022 and entered the company in October. After the acquisition, Musk reduced his holdings of Tesla shares worth nearly $23 billion. KoGuanLeo, the third largest individual shareholder of Tesla, said that Musk gave up Tesla and Tesla had no CEO.  

The cold winter of Q4, together with Twitter nightmare, has impacted Tesla’s market value and Musk’s net worth. As of the close of the last trading day in 2022, Tesla’s share price fell by more than 50% in the fourth quarter. Affected by this, Musk became the first rich man in history to lose $200 billion.  

  

Weakened first-Mover advantage  

Behind the slowdown in delivery, revenue and net profit growth is Tesla’s insufficient demand challenge in Q4. According to the financial report, Tesla Q4′ s global inventory supply days reached 13 days, up 225% year-on-year, the highest in the whole year.  

Bernstein, an American investment research institute, said that the price reduction of Tesla’s promotion in China and the United States in 2022 means that Tesla may have a demand problem.  

The long gap period of models is one of the important reasons for the decline in Tesla demand. In 2022, the combined delivery of Model3 and ModelY accounted for 94.92% of Tesla’s total annual delivery, but the release time of these two models should be traced back to 2016 and 2019 respectively.  

Merrill Lynch once predicted in a report that by 2025, Tesla’s American electric vehicle market share will drop from the current 70% to 11%, because Tesla did not expand its product portfolio quickly enough, while traditional car manufacturers and new forces making cars are improving their product lineup. Standard & Poor’s Global Mobile also believes that although Tesla is still the best-selling electric vehicle brand in the United States, its competitors are launching more and more affordable models, and Tesla’s dominant position in the electric vehicle market is being weakened.  

During the gap period of Tesla models, the pattern of new energy vehicle market in China has also changed greatly. According to the data of the Association, the market share of BYD’s new energy passenger cars increased from 19.5% in 2021 to 31.7% in 2022. In the same period, Tesla decreased from 10.7% to 7.8%. Wei Xiaoli also broke through the annual delivery of 100,000 vehicles in 2022, and plans to launch more models.  

 

At the same time, Tesla’s technological aura is gradually eclipsing.  

Tesla’s brand power is centered on the exploration and landing of new technologies, especially the combination with FSD. Musk also predicted that "autopilot software will become Tesla’s most important profit point", but FSD has never achieved true full autopilot. According to the calculation of CITIC Securities, from 2019 to 2021, the revenue of FSD accounted for 3.4%, 2.8% and 1.7% respectively.  

Will the price war last?  

At the beginning of 2023, Tesla cut prices sharply on a global scale.  

On January 6th, all the models on sale in Tesla China market were reduced in price, with a drop of 20,000 ~ 48,000 yuan, and the promotion was unprecedented. The following week, Tesla spread the bonfire of price war to Japan, South Korea, North America, Europe and other places.  

Price reduction is a double-edged sword. Daniel, the aforementioned Wade Bush analyst, believes that Tesla’s price reduction may increase the global delivery this year by 12% ~ 15%. Deutsche Bank predicts that Tesla’s gross profit margin will drop by 3 percentage points in 2023 compared with 2022.  

At the earnings conference call, Tesla did not release the expectation of continuing to exchange prices. Musk said that Tesla raised the price slightly because the demand after the price reduction far exceeded the output. On January 24, Tesla raised the price of the ModelY dual-motor all-wheel drive model sold in the United States by $500. Tesla CFOZachKirkhorn also said in the earnings conference call that the gross profit margin of automobiles will be higher than 20% this year.  

Tesla’s price reduction action is bound to cause a rebound of competitors. Haitong Securities believes that Tesla will increase market sales by reducing prices, announcing that the electric vehicle industry will officially enter fierce competition in 2023, and global car companies will face great pressure to compete head-on.  

On January 13, AITO asked the community to announce that the price of some of its models would be lowered by 28,800 ~ 30,000 yuan. On January 17th, Xpeng Motors, which is still at a loss, announced that it would adjust the price of its G3i/P5/P7 models, with an overall decrease of 20,000 ~ 36,000 yuan.  

The day after the official announcement of price reduction, He Xiaopeng, chairman of Xpeng Motors, said at the annual summary meeting, "Either you are brilliant enough with everyone, or you will die with a bang".  

BYD, which did not follow the price cut, launched a million-class luxury car the day before Tesla’s domestic price cut in an attempt to get more cakes in the high-end market.  

In the face of rivals who are chasing after each other step by step, Tesla urgently needs to find new sales growth points.  

FranzvonHolzhausen, chief designer of Tesla, said on January 16th that Cybertruck, a pure electric pickup truck, had finished the design and was ready to put into production. The market generally believes that if Cybertruck can be listed as scheduled, it will become a new growth point for Tesla in the North American market in 2023.  

Cybertruck; Source: Tesla official Weibo  

 Musk said in the earnings conference call that Cyberruck may start production in the summer of 2023, but the real mass production work will begin in 2024, and Cyberruck’s contribution to profits will not be great this year.  

Cheap models are another sales growth point besides Cybertruck. Musk predicts that the cost of the next-generation car platform will be half that of the second-generation platforms (Model3 and ModelY), and its output may be higher than the sum of all the company’s current products.  

Tesla said in Q4 financial report that more details of the next-generation car platform will be released on March 1, 2023, Investor Day. Analysts of venture capital firm LoupVentures believe that Tesla’s affordable model Model2 will not be launched until 2024.  

In addition, Tesla has to consider the impact of the macro environment.  

In a Twitter discussion at the end of 2022, Musk believed that the severity of the economic recession in 2023 was equivalent to that in 2009, which would affect the demand for automobiles and lead to an increase in the consumption cost of automobiles. However, in the earnings conference call, Musk also said that the economic recession will reduce Tesla’s costs, which in turn will bring higher profit margins. However, he stressed that this was only his guess.  

Twitter is also a variable that Tesla will face this year. In December 2022, Musk launched a vote on whether he should step down as CEO of Twitter. 57.5% of users thought he should resign, but Musk still serves as CEO of Twitter.  

In the earnings conference call, Musk "showed off" his Twitter account with 127 million fans, and said that Twitter created demand for Tesla. At present, Musk has renamed his Twitter account "Mr. Twitter".  

Competition in the industry has intensified and the first-Mover advantage has diminished. In 2023, Tesla will still face severe challenges.

From now on, a number of enterprises will pay the transfer fee, and the monthly income of the courier brother may increase by at least seven or eight hundred yuan.

  A few days ago, Zhongtong, Yuantong, Shentong, Yunda and many other express delivery companies have issued the Notice on the Adjustment of the Distribution Fees of the Whole Network, announcing that the distribution fees of the whole network will be raised from today (September 1) to subsidize the income of couriers. The "delivery fee" means the "delivery fee", which is the income obtained by the courier to deliver the express from the outlet to the consumer. At present, what is the income of the courier brother? Look at the report that the reporter sent back from Guangzhou yesterday.

  On August 31, the reporter visited a number of courier companies in Guangzhou and found that the courier brother began to meet the busiest season of the year. Zheng Wanqiang, who is engaged in express delivery in a Guangzhou express delivery company, told reporters that starting from September 1st, the company will increase the delivery fee of 0.1 yuan for each ticket, and 200~300 pieces can be delivered every day, and each ticket will increase the 0.1 yuan, which will make him a good income every month. Zheng Wanqiang, a courier of a courier company in Guangzhou, said that the rent was just (replenished) after making up seven or eight hundred yuan.

  Not only Zheng Wanqiang, but also more courier brothers can enjoy the increase in income brought about by this round of fee increase. The reporter learned that the express delivery companies, such as Zhongtong, Yuantong, Shentong and Yunda, announced that they would increase the distribution fee of 0.1 yuan from September 1st. Just in July this year, seven central ministries and commissions jointly issued the "Working Opinions on Doing a Good Job in Protecting the Legal Rights and Interests of Courier Groups", pointing out that it is necessary to further implement the specific arrangements of the State Post Bureau on doing a good job in protecting the rights and interests of couriers and effectively enhance the legitimate rights and interests of couriers. For the delivery of some large-scale express delivery, the express delivery company has also made different adjustments. Tian Shanshan, manager of the personnel department of a courier company in Guangzhou, said that there are some areas with relatively high difficulty coefficient for the delivery of some large-sized couriers. For such couriers, we have also set up subsidies for special areas. On average, each courier can probably be promoted to a salary change of 1,000 to 1,500 yuan. Liang Wenhui, the general public affairs assistant of a courier company in Guangzhou, said that they will have a special fund of more than 200 million yuan, which will be mainly subsidized to our frontline courier brother. This special fund is basically aimed at the current income of courier brother, and some subsidies will be made to increase income.

  The reporter learned that the courier brother group has strong work intensity and difficult working conditions. The increase in the courier fee will help to strengthen the confidence of the courier brother. Mr. Lai, a courier of a courier company in Guangzhou, said that the mentality of wanting to leave the company has dropped, and at least 1000 yuan has given them more rewards.

Extreme Yue Automobile’s brand-new medium and large pure electric car 07 interior official map exposure

On August 10th, Jiyue Automobile officially announced the official interior map of the brand’s brand-new medium and large pure electric car. It is reported that this car adopts the design concept of "AI Aesthetics", showing the charm of pure China original design.

In the interior, Extreme Yue 07 continues the design of family style, with minimalism as the leading factor. Among them, the design of the half-width steering wheel is eye-catching, and its development cost is as high as 20 million yuan. Officials said that this design not only provides a good grip, but also ensures that it does not block the driver’s line of sight. In addition, the button design in the car is also extremely simple.

The interior adopts embracing design, and the center console is equipped with a whole penetrating suspension screen with a size of 35.6 inches and a resolution of 6K, and colorful atmosphere lights are incorporated to create a sense of technology and advanced. There is also a wireless charging panel at the lower part of the center console to provide convenience for passengers. The new car also features an integrated seat design and a small screen in the center of the rear row.

In appearance, the car body size of Extreme Yue 07 is 4953mm long, 1989mm wide and 1475mm high, with a wheelbase of 3013mm, and it is positioned in medium and large cars. Its short front and rear suspension and long wheelbase design make the body look full and dynamic. There is also an electric spoiler at the tail, which automatically rises when the speed exceeds 95km/h, further enhancing the value of the whole vehicle.

According to the declaration information, the Extreme Yue 07 dual-motor version can output a maximum power of 400 kW, and is equipped with a maximum speed of 200 km/h.. It is expected that the new car will be listed this year, and the price is expected to be in the range of 200,000-300,000 yuan. It is worth mentioning that Extreme Yue 07 will also adopt pure visual high-order intelligent driving technology, which is provided by Baidu.