The state attaches great importance to the development of the digital economy and accelerates the pace of digital development

In March 2021, the "14th Five-Year Plan for National Economic and Social Development of the People’s Republic of China and the Outline of Vision Goals for 2035" were released, which made an all-round layout for the development of the Internet in our country. After that, the "14th Five-Year Plan" special project plans in the field of informatization were introduced one after another, and important arrangements were made to promote digital development and build a digital China. In October 2021, the General Secretary of the Supreme Leader further emphasized during the 34th collective study of the Political Bureau of the CPC Central Committee that it is necessary to stand at the height of coordinating the overall situation of the great rejuvenation strategy of the Chinese nation and the world’s unparalleled changes in a century, coordinating the two major domestic and international situations, and the two major events of development and security, giving full play to the advantages of massive data and rich application scenarios, promoting the deep integration of digital technology and the real economy, empowering the transformation and upgrading of traditional industries, giving birth to new industries and new business models, and constantly strengthening, improving and expanding our country’s digital economy.

Second, a number of laws have been issued to ensure cyberspace security in an all-round way

Since September 2021, the "Data Security Law of the People’s Republic of China", "Regulations on the Security Protection of Critical Information Infrastructure" and "Personal Information Protection Law of the People’s Republic of China" have been implemented one after another, providing the industry with a more detailed and operable legal basis and behavioral rules, and further solidifying the institutional foundation of the Internet legal system, marking our country’s cyber security protection has entered a new stage.

Third, the introduction of anti-monopoly guidelines and other policies, Internet enterprises compliance development process accelerated

In February 2021, the Anti-Monopoly Guidelines of the Anti-Monopoly Commission of the State Council on the Platform Economy were officially issued, systematically responding to the challenge of Internet platform monopoly for the first time, releasing a clear signal that Internet platforms are not a place outside the law of anti-monopoly. In October, the Antimonopoly Act of the People’s Republic of China (Draft Amendment) was announced. This is the first amendment to our country’s Antimonopoly Act since its release, which has increased penalties for monopolistic behavior and effectively prevented disorderly capital expansion. At the same time, the Ministry of Industry and Information Technology continued to promote the governance of APP infringement of user rights and interests in depth, and launched a special project rectification action in the Internet industry in July 2021. The implementation of the above series of regulations and special projects has played a significant role in compacting the main responsibility of enterprises and creating a fair competition, safe and orderly Internet market environment.

IV. The Central Office and the State Office issued the "Opinions on Strengthening the Construction of Network Civilization" to create a clear cyberspace

At present, the state attaches great importance to the construction of network civilization. Since June 2021, the Central Cyberspace Administration of China has deployed a series of special projects such as "Qinglang’rice circle ‘chaos rectification". In September, the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council issued the "Opinions on Strengthening the Construction of Network Civilization" to further promote the healthy development of network culture.

The overall scale of Internet users in our country exceeds 1 billion, opening a new chapter in the development of digital infrastructure

In 2021, the development environment of "5G + Industrial Internet" will continue to improve. First, the infrastructure support capacity will continue to upgrade. There are more than 32,000 5G base stations applied to the industrial Internet; there are 15 cross-industry and cross-field industrial Internet platforms, more than 100 platforms with certain regional and industry influence, and the total number of access equipment exceeds 76 million sets (sets). Second, the level of industry application continues to improve. "5G + Industrial Internet" has more than 1,800 projects under construction across the country, covering more than 20 key industries and fields of the national economy, and creating tens of thousands of 5G application innovation cases. Third, the technical standards have been accelerated. Industrial 5G modules are the core components of the industrial end point. The general 5G module standard has been initially formed. The types of modules continue to increase and the market price continues to decline, paving the way for large-scale applications. The integrated development of "5G + Industrial Internet" will further deepen and expand the application of industrial 5G, and empower the digital, networked and intelligent transformation and upgrading of the real economy.

"5G + Industrial Internet" enters the fast lane of development, deepening the vertical and horizontal exploration of integrated applications

The development environment of "5G + Industrial Internet" continues to improve. Infrastructure support capabilities continue to upgrade, with more than 32,000 5G base stations applied to the Industrial Internet; there are 15 cross-industry and cross-field industrial Internet platforms, more than 100 platforms with certain regional and industry influence, and the total number of access equipment exceeds 76 million (sets). The level of industry application continues to improve, and "5G + Industrial Internet" has more than 1,800 projects under construction across the country, covering more than 20 key industries and fields of the national economy. Technical standards are accelerating.

Enterprises in our country actively build an open-source ecosystem of open innovation and promote the development of in-depth information technology innovation

In 2021, our country’s enterprises actively built open-source platforms, and Baidu’s comprehensive share in China’s deep learning platform market continued to grow, ranking first. Huawei officially released HarmonyOS 2 Hongmeng mobile operating system and Euler digital infrastructure operating system, realizing a unified operating system to support multiple devices, and one application development covers the whole scene.

VIII, our country formally applied to join the Digital Economy Partnership Agreement, driving the rapid development of digital trade

At present, in the context of the rapid development of the digital economy, all countries generally recognize the huge potential and importance of digital trade, and our country actively participates in the formulation of global digital economic and trade rules with an open attitude. In October 2021, the Ministry of Commerce and other 24 departments issued the "14th Five-Year" Service Trade Development Plan, which included "digital trade" in the service trade development plan for the first time, clarified the focus of our country’s digital trade development in the future, and pointed out a clear path for the construction of the digital trade demonstration zone. In November, our country officially applied to join the Digital Economy Partnership Agreement (DEPA), and is willing to work with all parties to promote international cooperation in the digital economy and jointly promote the innovation and healthy and orderly development of the digital economy.

Digital technology empowers the low-carbon transformation of the industry, helping to achieve peak carbon dioxide emissions and carbon neutrality

In March 2021, the General Secretary of the Supreme Leader presided over the ninth meeting of the Central Financial and Economic Committee and delivered an important speech, emphasizing the drive to grasp iron marks and achieve the goals of peak carbon dioxide emissions before 2030 and carbon neutrality before 2060 as scheduled. In September, MIIT, the People’s Bank of China, the China Banking and Insurance Regulatory Commission, and the Securities Supervision Commission jointly issued the "Guiding Opinions on Strengthening Industrial and Financial Cooperation to Promote Industrial Green Development". In December, MIIT issued the "14th Five-Year Plan" for Industrial Green Development.

X. SENIOR-FRIENDLY SERVICES AND RURAL REVELOPMENT CONSTRUCTION TO BRIDGE THE "DIGITAL DISTRICT"

In January 2021, the Internet application senior-friendly and barrier-free transformation special project action was officially launched; in April, MIIT deployed to further grasp the implementation of the Internet application senior-friendly and barrier-free transformation special project action work, and released the "Internet website senior-friendly universal design specification" and "mobile Internet application (APP) senior-friendly universal design specification". The state continues to support the transformation of rural digital intelligence, and the "Digital Village Construction Guide 1.0" was officially released in September.

Text | Online Travel, Author | Zhou Xiongfei

I’ve been very busy lately.　

Recently, Hengchi, a brand owned by Evergrande Automobile, posted a message on its official Weibo and "authorized agent recruitment".In its recruitment details page, it not only shows the operation model of the future vehicle sales channel, but also stipulates the conditions for joining, such as agreeing with the development model of Hengchi and the registered capital shall not be less than 5 million yuan.

In addition, Hengchi also calibrated the store construction standards for franchise, such as exhibition hall area and headroom details, and listed the franchise process, which shows that Hengchi has made a very detailed description of the agent’s franchise.　

At the same time as the authorized agent joining, there are also offline experience activities for Hengchi 5 models.　

According to the official introduction of Hengchi, during the "May Day" period, its offline experience stores in Guangzhou and Tianjin held experience activities for Hengchi 5 models. In fact, since the end of March this year, there have been some news in the industry about the landing of Hengchi 5 offline experience stores.　

As early as mid-January this year, Hengchi officially announced that the first car of Hengchi 5 was officially rolled off the production line from the factory, 12 days earlier than the original schedule.It is worth noting that the Hengchi 5 appeared in the MIIT new car declaration catalogue in November last year.　

From the launch of the first car of Hengchi 5, to the holding of offline experience activities, and now to the opening of the agent franchise, this series of actions seems to announce that Hengchi 5 has entered the countdown stage of mass production.But the industry is full of doubts about whether Hengchi can achieve this goal.　

Hengda has embarked on the road of new energy vehicle manufacturing since it acquired car companies in 2019, and launched nine models at the Shanghai Auto Show in 2021, which once detonated the entire auto show.But then not only did none of these models actually go into mass production, but Evergrande itself was also embroiled in a storm of shutdowns and debt.　

By January this year, the models that could achieve mass production had changed from the original 9 models to the Hengchi 5 model, but to achieve mass production, it was necessary to have sufficient cash flow to ensure stable production capacity.According to the performance data released by Evergrande Automobile at the end of August last year, it has accumulated a loss of 18.83 billion yuan as of the first half of 2021, and the loss is in the trend of expanding year after year.　

It is precisely because there is no money that Evergrande will choose a different franchise system from the "Wei Xiaoli" direct sales model in the establishment of sales channels.However, in the industry’s opinion, although Hengda’s channel joining threshold is low, there should not be many agents willing to join due to the well-known predicament that Hengda is currently in.　

Today, although Evergrande seems to be on the right track step by step, it is still mired in a fog of uncertainty.　

Evergrande Auto is one step closer to selling cars on the market.　

On the last day of the "May Day" holiday, an investment page about "authorized agent recruitment" appeared on Hengchi’s official Weibo.In this investment promotion introduction, Hengchi provides a detailed list of sales models, store construction standards, investment promotion policies, qualification requirements, and franchise processes.　

In terms of sales model, Hengchi said it would adopt a model of order-based sales and asset-light operations.Order-based selling, in short, is to arrange factories to produce according to the order volume, and then deliver the produced products to consumers. This approach can reduce the pressure on inventory compared with the mainstream warehouse sales in the industry, which are made first and then sold to the market. In order to achieve the purpose of asset-light operation.　

Asset-light operations are also reflected in the establishment of a sales center.According to the requirements given by Hengchi, its sales center needs to be established in the automotive business district, with an exhibition hall area of 200-300 square meters, an exhibition area of more than 150 square meters, and a clearance height of 3.5 meters.

Looking at this store construction standard alone, it seems to be very demanding, but in the industry it is the opposite.　

"The’car business district ‘required by Hengchi to build a store is not the shopping mall business district laid out by new forces such as NIO and Xiaopeng, but an area such as the car city in the suburbs of the city. In the car city, the general 4S store will start with 2,000 square meters, compared to Hengchi’s 200-300 square meter sales center, which is too small."Liu Bin, domestic regional sales manager of the Mercedes-Benz brand, explained to Connected Travel.　

Perhaps this is why Hengchi will position the sales center as "small and refined". According to Hengchi’s plan, such a sales center will support services such as sales and test drives. This also means that the completed Hengchi sales center will be more functionally biased towards the stores currently established by "Wei Xiaoli".　

Similar to the store construction standards, the agent qualification requirements listed by Hengchi also have higher restrictions in the eyes of the outside world, but in fact the threshold is also very low.According to Liu Bin, although Hengchi requires the registered capital to reach 5 million yuan, it does not require the actual payment of 5 million yuan, which is a lower threshold for joining.

According to the latest "Company Law" and related regulations, at present, only the total registered capital of a company needs to be registered, and it is not mandatory to submit a capital verification report, which means that there is no need to pay all the total registered capital at the beginning.　

In comparison, other automakers have higher requirements for authorized franchisees.　

Taking XPeng Motors as an example, as one of the new forces in domestic car manufacturing, although the layout of sales channels is mainly direct sales like NIO and Ideal, it has also opened up some franchise channels on this basis.　

According to its official website,To become an agent of Xiaopeng, it must have no less than 3 4S stores, mid-to-high-end brands are preferred, and the annual revenue of the automotive business sector needs to reach more than 100 million yuan, and the asset-liability ratio is less than 70% "red line".　

In Liu Bin’s opinion, if according to the standard of Hengchi, the investment of a sales center will be very small, based on the agent’s ready-made 4S store, plus hundreds of thousands of renovations, the overall cost will be about 100-2 million yuan.　

For the average luxury brand 4S store, the cost of decoration and equipment alone will reach tens of millions of yuan, which is completely different from Hengchi’s playing style.　

In terms of the joining process, Hengchi has also made some simplification.　

In comparison with Hengchi and Xiaopeng’s joining process, although both parties have as many as five steps in the process, including submitting an application, qualification evaluation, signing a store construction agreement, store construction, and store acceptance.But in terms of details, Xiaopeng needs to ask the agent to pay a security deposit in the process of signing the store construction agreement, but Hengchi does not have this requirement.　

According to Liu Bin, generally speaking, the brand will charge a deposit for the agent when joining, such as Xiaopeng’s deposit of about 800,000 yuan, which is a means for the brand to restrain the agent.For Hengchi, it may be to shorten the agent joining process and time, to save this link first, but this does not mean that Hengchi will not charge a security deposit later.　

In addition, in terms of joining application, Hengchi and Xiaopeng also have differences. By looking at the application forms of both parties, we found that Xiaopeng’s application form is a document file. In addition to the basic information such as the applicant’s name and company name, it also needs to fill in the company’s equity structure and its own advantages. As a whole, it is more formal and detailed.　

In contrast, Hengchi’s application form is not a formal document, but a simple Mini Program.In terms of content, you only need to fill in the applicant’s name, company name, current operating brand, and other basic information, which is much simpler than the Xiaopeng application.

From the lower standards for building a store, to the omission of the franchise process, to the simplification of the franchise application,In the industry, Hengda Automobile is likely to further reduce the threshold for agents to authorize franchise and shorten the franchise process, in order to attract more agents to join and accelerate the layout of sales channels.　

And all this preparation is also for the purpose of better selling the car in the future.　

The production time of Hengchi 5 is getting closer and closer.　

According to a recent announcement by Evergrande Automobile,The Hengchi 5 will go into mass production on June 22 this year.Hengda Motor President Liu Yongzhuo also said in March this year that the work of Hengchi 5 is progressing smoothly and is making final preparations for the launch of Hengchi 5 for mass production.

The reason why Hengda Automobile officials are confident to announce such news is also because Hengchi 5 has had a series of positive developments.　

In mid-October last year, Hengda held a strategic partner conference at its Tianjin production base. At the meeting, Liu Yongzhuo said that Hengda Automobile started a three-month car-building battle to ensure that the first production car "Hengchi 5" was rolled off the production line early next year.　

In order to ensure the smooth rollout of Hengchi 5, Hengda Automobile had mobilized core R & D teams from Shanghai, Guangzhou and Shenzhen to support Hengda Automobile’s Tianjin production base. The Tianjin factory, which had previously defaulted on payments from suppliers, also resumed production at that time and accelerated the progress.　

Facts have proved that Hengchi 5 went offline as scheduled this year.On January 12 this year, Hengchi issued a notice on its official Weibo, announcing that the first production model of the Hengchi brand, Hengchi 5, had been rolled off the production line at the Tianjin factory, 12 days earlier than originally planned.　

A month later, in the 353rd batch of car declaration information released by MIIT, the name of Hengchi 5 appeared in the public information. It should be noted that this is the second time this model has appeared in the public list.　

As early as last November, Hengchi 5 had appeared in the MIIT 350 batch of vehicle product announcements. According to the information given at the time, the model was manufactured by Hengda New Energy Automobile (Tianjin) Co., Ltd.

According to Hengda Automobile’s model planning, Hengchi 5 length, width and height are 4725mm, 1925mm and 1688mm respectively, and the wheelbase is 2780mm. From the size point of view, Hengchi 5 belongs to the compact SUV model like Xiaopeng G3 and Weimar EX5; the price will be below 200,000 yuan, and the standard Audi Q3, BMW X1 and other models.　

From the appearance perspective, the Hengchi 5 features a streamlined body and a hidden door handle, which is in line with the mainstream design style in the industry as a whole.　

The body of Hengchi 5 is equipped with a drive motor from United Electronics, with a peak power of 150kW and a rated power of 60kW; the electronic appliances have chosen a full-domain control architecture jointly developed with Bosch; and the power battery is equipped with a lithium iron phosphate battery from Ningde era.　

In terms of power performance, Hengchi 5 accelerates from zero to 100 kilometers for 7-8 seconds, with a maximum speed of 180km/h, and a CLTC cruising range of 602 kilometers. According to First Electric Network, Hengchi 5 will also be equipped with the H-SMART OS Hengchi intelligent network system jointly built with Tencent. Based on this system, the model can achieve L2 + level automatic driving assistance.　

In the industry’s opinion, Hengchi 5’s entry into the MIIT public list means that Hengchi 5 has passed the review of relevant departments and is eligible for listing and sales.After all, the publication of vehicle products into MIIT is a necessary review process before the product is launched.　

During this year’s "May Day" period, just as Hengchi started recruiting agents, it also held static experience sessions of Hengchi 5 in Guangzhou and Tianjin Experience Centers. This was also the first time that Hengchi 5 production cars were offline to the public.

Although the experience activity of Hengchi 5 was officially opened during the "May Day" period,However, according to Wired Travel, the Hengchi Experience Center in Guangzhou was launched in March this year, and its location is also located in the business district of Guangzhou. The Hengchi 5 exhibition car was also installed in the store at that time.　

From the visits and reports of many media, it can be seen that the Hengchi 5 exhibition car on display in Guangzhou and Tianjin Hengchi Experience Center and the model data announced by MIIT have not changed much, and belong to the final form before mass production and listing.　

Now, whether it is Hengchi’s 5 first cars offline and offline experience, or the opening of the agent franchise model,In the eyes of the outside world, it is a phenomenon that Hengda Automobile and Hengchi are on the right track of car manufacturing.Therefore, many people began to reflect on the future of Hengda Automobile.　

It is undeniable that Hengda Automobile is currently riddled with holes.　

On March 21 this year, Hengda Motor issued a suspension notice, saying that at the request of the company, its shares were temporarily suspended from trading at 9 am that day.　

Regarding the reason for the suspension, Evergrande Automobile said in the "inside information" announcement issued later,Due to the significant changes in the operation of the company’s real estate sector since the second half of last year, a large number of additional audit procedures have been added for this year, coupled with the related impact of the COVID-19 pandemic, according to the company’s current information, the company cannot complete the audit procedures on schedule.

Evergrande also said that due to the unfinished audit work, it was unable to submit the audited performance data as of December 31, 2021 by March 31 this year in accordance with the listing rules.This also means that due to Hengda’s failure to submit last year’s performance data on time, it was forced to implement a suspension.　

According to Tiger Securities data, Connected Travel has indeed seen Hengda Automobile Hong Kong stock has been suspended, and its share price and market value have also stayed at HK $3.2/share and HK $34.70 billion.　

By looking at the stock price and market value performance of Hengda Automobile since its listing in 2008, we found that it reached its highest value in February 2021, when its share price reached HK $69/share and its market value reached HK $60.83 billion.　

In contrast, the current share price of Hengda Automobile has fallen by 95.3%, and the market value has even evaporated 26.13 billion Hong Kong dollars.　

Although Hengda Automobile has not handed over the annual performance data, but at the end of August last year, it announced the performance data of last year’s mid-term. According to the data, Hengda Automobile’s revenue in the first half of the year was 6.92 billion yuan, an increase of 53.5% year-on-year.　

In terms of net loss, Hengda Automobile recorded 4.79 billion yuan, down 110.51% year-on-year. Such losses began in 2018, and the net losses in 2018-2020 were 1.428 billion yuan, 4.947 billion yuan and 7.665 billion yuan respectively.It can be seen that its losses are expanding year by year, and as of the first half of 2021, Hengda Automobile has accumulated losses of 18.83 billion yuan.　

According to Wind data, Hengda Automobile’s cash and cash equivalents in 2018-2020 were 1.60 billion yuan, 9.90 billion yuan and 10.50 billion yuan respectively. Although its cash reserves were still growing slightly as of December 31, 2020, its total liabilities also increased significantly in these years. From 2018 to 2020, its total liabilities were 22.80 billion yuan, 94.70 billion yuan and 155.90 billion yuan respectively.

Based on the above performance data, Hengda Automobile is currently mired in debt and insufficient funds.Due to this, Hengda Automobile announced in August last year that it would sell some of its projects and assets in order to repay its debt.　

At present, there is no news of selling assets for money, and Hengda Automobile, which is short of money, wants to establish sales channels to sell cars. In Liu Bin’s opinion, Hengda Automobile can only choose to invest less in the franchise model to establish a sales network in order to achieve this goal.　

But Liu Bin also believes that although Hengda Auto offers a relatively low threshold for agents to join, it is easy for general agents to join, but it is very likely that not many agents will choose to join the Hengda Auto brand. After all, to sell cars to make money, the premise is that the cars sold must be competitive.　

However, for Hengchi 5, it is difficult to have this strength.　

First of all, from the appearance point of view, the design of Hengchi 5 belongs to the standard, and there are not many bright spots; in terms of interior decoration, from the current public information, although it has a triple-screen design, it is different from the two-screen design of NIO and Tesla, but this design has long appeared on models such as Ideal ONE and Zero Run C11, which is not uncommon.　

In terms of cruising range, Hengchi 5 can achieve 602 kilometers, although it has exceeded the industry’s passing line, but if this level of cruising is compared to the track of new energy compact SUVs, it does not have much advantage.Because the Nezha U and GAC AION Y, both compact SUVs, also have a maximum cruising range of more than 600 kilometers, and the cruising range of Xiaopeng G3, Zero Run C11 and other models has also reached about 550 kilometers, which is not much different from Hengchi 5.　

As the intelligent aspect that is currently valued by consumers, according to public information, Hengchi 5 only has L2-level automatic assisted driving capabilities. In contrast, the higher-level urban road automatic assisted driving capabilities of car companies such as Xiaopeng and Great Wall have also been unveiled to the outside world.　

In addition to the lack of advantages of the model itself, Hengchi’s brand power and financial capacity have also become important factors restricting the launch of Hengchi 5.　

"Based on the current situation of Hengda Automobile’s insufficient capital reserves and declining performance, it is still unknown whether it can support the mass production of Hengchi 5 in the future. Even if mass production can be achieved in the end, Hengchi’s brand power will be exhausted with the occurrence of previous layoffs, asset sales and other events, not to mention that there are still many consumers who do not know this brand."Zhang Xiang, a distinguished expert from China Bolian Think Tank, told Connected Travel.

From this perspective, although Hengda Automobile has currently launched an agent franchise model, Hengchi 5 is also experiencing offline appearances, but under the influence of factors such as the lack of bright spots, insufficient capital reserves, and weak brand power, Hengda Automobile wants to use Hengchi 5 to launch a mass production turnaround.　

Even so, for Hengda Automobile, in the context of the current new energy vehicle industry trend, car manufacturing is already an extremely important "life-saving straw", which must be grasped.　

(Liu Bin is a pseudonym in the article.)

　　The dispute over the company’s shareholding has heated up.

　　Reporters He Hongyuan and Chen Sha report

　　Markets seem to welcome () "scramble".

　　On September 14, the company released the resolution announcement of the second extraordinary general meeting of shareholders in 2022. The meeting discussed five proposals on changing the use of the first share repurchase in 2021, the draft and summary of the 2022 employee stock ownership plan, and the management measures of Zhongju High-tech’s 2022 employee stock ownership plan.

　　Among them, the opposition to the first four proposals exceeded 50%, but none of them were passed.

　　According to the previous disclosure of the 2022 employee stock ownership plan (draft), the total number of employees participating in the employee stock ownership plan does not exceed 491 (excluding the reserved part), and the share source of the employee stock ownership plan is the company’s repurchase of the special securities account repurchased in the torch high-tech class A shares of common stock, the employee stock ownership plan transfer price is 18.14 yuan/share, the duration of 48 months.

　　The draft proposed performance appraisal requirements are: 2022-2024, the corresponding revenue target value is 5.50 billion yuan, 6.30 billion yuan, 8 billion yuan, respectively, an increase of 7.51%, 14.55%, 26.98%, net asset return target value of 13%, 14%, 15%.

　　On August 29, when Zhongju High-tech was reviewing the employee stock ownership plan, there was a big controversy. At that time, 9 directors passed the motion with 5 votes in favor, 3 votes against and 1 abstention.

　　According to relevant announcements, the dissenters were director Yu Jianhua, director Wan Hequn, and independent director Gan Yaoren. The main reasons for the opposition were unreasonable unlocking conditions, the nature of benefits was greater than the incentive effect, and the controlling shareholders received 1.83% of the voting rights through the committee, which affected the interests of the majority of small and medium shareholders. Exclusive director Qin Zhihua abstained.

　　It is worth noting that in the aforementioned plan, the revenue growth targets for 2023 and 2024 exceed the company’s performance expectations.

　　Since Yu Jianhua and Wan Hequn both worked within the Torch Group system, it may mean that the opposition was mainly Torch Group at that time, and the agreeing party was mainly Zhongshan Runtian controlled by the major shareholder Baoneng. Behind Torch Group stands the State-owned Assets Supervision and Administration Commission of Torch District, which is also the former major shareholder of Zhongju High-tech.

　　In fact, the company’s shareholding dispute has become intense. On September 14, the torch high-tech announcement showed that after the completion of the reduction plan, Zhongshan Runtian accounted for 17.72% of its total share capital, narrowing the shareholding gap with Torch Group to about 5%.

　　In terms of performance, Zhongju High-tech is still in the growth range. In the first half of the year, its revenue was 2.652 billion yuan, an increase of 14.52% year-on-year; the net profit attributable to the parent was 313 million yuan, an increase of 11.91% year-on-year.

　　On September 15, Zhongju High-tech received 33.07 yuan, an increase of 0.43%.

　　On the same day, the Shanghai Composite Consumption 80 Index closed at 5861.52 points, down 0.49%. Agriculture

　　 ITS: Malaysia exported 659,997 tons of palm oil from September 1 to 15

　　On September 15, according to the shipping survey agency ITS, Malaysia exported 659,997 tons of palm oil from September 1 to 15, an increase of 23.8% from the 53,050 tons exported in the same period in August.

　　Ministry of Agriculture and Rural Affairs: The average price of pork in the national agricultural product wholesale market fell by 0.4% from the 14th.

　　According to the monitoring of the Ministry of Agriculture and Rural Affairs, the "wholesale price index of agricultural products 200" on September 15 was 129.48, down 0.51 points from the 14th, and the wholesale price index of "vegetable basket" products was 131.63, down 0.60 points from the 14th. As of 14:00 on the 15th, the average price of pork in the national agricultural wholesale market was 30.72 yuan/kg, down 0.4% from the 14th.

　　Aonong Bio: The goal of fattening costs in 2022 is to drop to 17 yuan/kg

　　On September 15, () said at the 2022 semi-annual results presentation that the company’s piglets weighed about 8 kilograms and the fat pigs weighed about 115 kilograms. The company’s weaned piglets in the second quarter cost about 420-430 yuan/head, and the fattening cost is about 19.5 yuan/kg. The piglet cost is targeted to be reduced to less than 400 yuan in 2022, and the fattening cost is targeted to be reduced to 17 yuan/kg in 2022. Food and Beverage

　　Nongfu Spring established a supply chain technology company in Huzhou Anji

　　Industrial and commercial data show that Nongfu Spring (Anji) Supply Chain Technology Co., Ltd. was established, the legal representative is Rao Minghong, the registered capital is 30 million yuan, and the registered place is Anji County, Huzhou City, Zhejiang Province. The business scope includes supply chain management services; domestic cargo transportation agency; general cargo warehousing services; loading and unloading and handling, etc. The company is wholly-owned by Nongfu Spring joint stock company

　　Yonghui Supermarket: JD.com Bonneng and other shareholders’ shareholding changes

　　On September 14, () announced that on September 13, shareholders Jiangsu JD.com Bangneng Investment Management Co., Ltd. and Beijing Jingdong Century Trading Co. Ltd. signed the "Jiangsu JD.com Bangneng Investment Management Co., Ltd. and Beijing Jingdong Century Trading Co. Ltd. Share Transfer Agreement". JD.com Bangneng transferred 736,437,197 RMB ordinary shares of Yonghui Supermarket to Beijing Jingdong Century Trading Co. Ltd through the transfer of the agreement, accounting for 8.11% of the total share capital of Yonghui Supermarket. On the same day, Jiangsu Circle E-Commerce Co., Ltd. and Suqian Hanbang Investment Management Co., Ltd. signed the "Share Transfer Agreement between Jiangsu Circle E-Commerce Co., Ltd. and Suqian Hanbang Investment Management Co., Ltd.". Jiangsu Circle transferred 478,523,104 RMB ordinary shares of Yonghui Supermarket to Suqian Hanbang Investment Management Co., Ltd. through the agreement transfer, accounting for 5.27% of the total share capital of Yonghui Supermarket. The above changes in equity will not lead to changes in the company’s controlling shareholders and actual controllers. Entertainment Games

　　Tencent Music will be listed on the main board of the Hong Kong Stock Exchange by introduction

　　On September 15, Tencent Music announced on the Hong Kong Stock Exchange that it will be listed on the main board of the Stock Exchange of Hong Kong Limited by introduction, and Class A ordinary shares are expected to start trading on the Hong Kong Stock Exchange on September 21 (Wednesday).

　　Kuaishou international business organization adjustment

　　On September 14, according to Caijing, Ma Hongbin, senior vice president of Kuaishou, made a round of adjustments to the organizational structure of the department after leading the internationalization business for more than a month. In addition to maintaining its existing uses overseas, Kuaishou will only maintain small-scale growth investment for the time being, such as in the South East Asia market dominated by Indonesia and the Middle East market dominated by Turkey.

　　Netflix says ad-supported viewers could reach 40 million by the third quarter of 2023

　　Netflix expects its upcoming low-cost subscription plan with ads to gain about 40 million users worldwide by the third quarter of 2023, the company said on Sept. 14, citing a document Netflix shared with ad buyers. In its initial forecast, Netflix said it expects 4.40 million "unique viewers" worldwide to sign up by the end of the year, 1.10 million from the United States.

　　Microsoft’s acquisition of Activision Blizzard is facing an in-depth investigation

　　On September 15, according to media reports, Microsoft’s $75 billion acquisition of video game maker Activision Blizzard is facing an in-depth investigation by the European Union and the United Kingdom. Concerns are growing that the deal is anti-competitive and will deny competitors access to the best-selling game Call of Duty. According to two people familiar with the matter, the UK’s Competition and Markets Authority (CMA) is expected to launch an in-depth investigation this week after Microsoft decided not to offer any improvements at this stage.

　　The new Nintendo Legend of Zelda will be released in May 2023

　　On September 13, Nintendo announced that the latest installment of the popular game "The Legend of Zelda" will be released on May 12, 2023. The title of the work is "Tears of the Kingdom". The work is the sequel to the 2017 Breath of the Wild, which has sold more than 27 million sets since its release. Analysts at UBS Securities predict that the annual sales of the Breath of the Wild sequel are expected to reach 20 million sets.

　　 Jim Yang, the former head of Supercell’s global studio, has joined miHoYo.

　　On September 14, according to the LinkedIn profile of Jim Yang, the former head of the global studio of Finnish game developer Supercell, he has joined mobile game developer miHoYo in September 2022 as the president of its international division HoYoverse. Textile Apparel

　　 Inditex may continue its price increase strategy

　　According to media reports, Inditex, the parent company of Zara, said at the first half of 2022 financial report that the company will continue to raise prices in the autumn of 2022 to cope with the risk of rising raw material costs. In the six months ended July 31, 2022, Inditex sales climbed to 14.85 billion euros from 11.94 billion euros in the same period last year, and earnings before interest and tax rose to 2.43 billion euros from 1.69 billion euros in the same period last year. Luxury goods

　　Rolex second-hand transaction prices have rebounded

　　On September 14, according to the interface fashion news, the watch market monitoring platform WatchCharts monitored the performance of Rolex’s most popular 30 watches in the second-hand market for a period of time and found that one-third of the second-hand transaction prices of Rolex watches have not fallen but rose in the past month. The average second-hand price has only slightly declined by 1%, indicating that Rolex watches are close to bottoming out in the second-hand market. Second-hand prices of Swiss brand watches such as Patek Philippe and Audemars Piguet have also shown a trend of falling. Cultural Tourism

　　Shanghai Disneyland will resume operations at 10:00 on the 15th

　　On September 15, the official Weibo of Shanghai Disney Resort announced that as the intensity of Typhoon "Plum Blossom" weakened in Shanghai and according to the current weather forecast, Shanghai Disney Resort will resume operations on September 15 (Thursday). Shanghai Disneyland will operate from 10:00-20:30 on the 15th, Disney Town will operate from 10:00-21:30, and Star Wish Park will operate from 10:00-18:00.

Original title: LI L7, L8 and L9 will be unveiled at Shandong International Auto Show, and there will be "gifts" in addition to good cars!

Source: Popular Newspaper Peninsula News

Original title: LI L7, L8 and L9 will be unveiled at Shandong International Auto Show, and there will be "gifts" in addition to good cars!

Source: Popular Newspaper Peninsula News

LI is so hot now! Statistics show that in October this year, LI delivered a total of 40,422 vehicles, an increase of 12.10% from the previous month and a surge of 302.13% year-on-year, setting a new high in monthly delivery, which is the first time that it delivered more than 40,000 vehicles per month during the year. In the first ten months of this year, LI delivered a total of 284,647 vehicles, up by 193.51% year-on-year, which also means that LI will achieve the annual sales target of 300,000 vehicles ahead of schedule.

And such a "hot" LI will also appear at the 2023 Shandong International Auto Show, where the three brothers "L7, L8 and L9" will appear together, and the gold medal experts from manufacturers integrating Shandong region will gather in the ideal booth of Qingdao International Convention and Exhibition Center, bringing high-quality, professional and caring services to the consumers and fans watching the exhibition. The ideal model has a heavy upgrade of OTA5.0 to create a better trial and test drive experience. It is particularly worth mentioning that fans still have the opportunity to get the right to make an advance appointment for the ideal MEGA test drive at the auto show, which must not be missed.

▲ Fans can make an appointment to test drive the ideal MEGA at Shandong International Auto Show.

Relevant persons in LI told reporters that ordering L7, L8 and L9 at the site of Shandong International Auto Show, on the one hand, can enjoy the existing sales policy, and on the other hand, the car booking person can get extra ideal exclusive points, which is very useful. At present, the pick-up cycle of ideal models is also very short, and some colors and models are available. If you order, you only need to wait for about a week. This delivery speed is really "first-class" in the field of new energy vehicles, ensuring that our consumers can drive the car before the end of the year.

Ideal L9: Benchmark of Large New Energy SUVMarket guidance price: 429,800 yuan ~ 459,800 yuan

Since its listing in June last year, Ideal L9 has been very popular. The consumer’s response to the dispute about "color TV sofa refrigerator" is "really fragrant"!

From the appearance, L9 continues the overall design style of the ideal family, with simple and bright lines and a futuristic front face. The front of the car uses a closed grille and is equipped with penetrating LED daytime running lights, and the headlights are set in the front enclosure. The side of the car body adopts the standard SUV shape, which is very energetic as a whole. Thanks to the larger body size, the side of the ideal L9 is quite stretched. In terms of body size, the length, width and height of the car are 5200 mm× 1998 mm× 1800 mm, and the wheelbase is 3100 mm. In a word, it is "big". Of course, correspondingly, its interior space will be very large.

In terms of technology configuration, the ideal L9 comes standard with HUD and safe driving interactive screen, which adopts Mini-LED and multi-touch technology. The car’s central control screen, co-pilot entertainment screen and rear cabin entertainment screen use three 15.7-inch OLED screens. Two Qualcomm Snapdragon 8155 chips are standard, and a computing platform consisting of 24GB memory and 256GB high-speed storage can realize five-screen interactive linkage. In addition, the ideal L9 car has 21 speakers, and the maximum power of the amplifier is even as high as 2160W. Among them, 7 groups of speakers make up the whole car surround, 3 bass units make up the bass matrix, and 4 top speakers make up the sky surround, forming a 7.3.4 panoramic sound response layout.

As for the seats, the ideal L9 six seats are wrapped in Nappa leather, and the headrest is as comfortable as ever. It is worth mentioning that all six seats are equipped with electric adjustment and seat heating, and the first two rows of seats also have seat ventilation and 10-point massage. In addition, the passengers in the second row will be taken care of extra. They not only have two rows of cup holders, but also enjoy the 8.8L dual-purpose refrigerator, which can work for 24 hours after the vehicle is powered off.

In terms of power, the ideal L9 is equipped with an extended-range power system consisting of a 1.5T four-cylinder engine and an electric motor, and is equipped with a 44.5kWh battery pack. The acceleration of the car from zero to 100km is 5.3s, and the total cruising range under CLTC conditions is 1,315km, of which the pure electric cruising range is 215km.

Comments: The ideal L9 is the "third space" for the owner. Besides the family and work unit, the car can also be a world of its own!

Ideal L8: A more cost-effective family carMarket guidance price: 359,800 yuan ~ 399,800 yuan

Ideal L8 adopts the latest family design style and has a strong sense of the future. Its body size is very large, with a length and width as high as 5080 mm /1995 mm /1800 mm and a wheelbase of 3005 mm. Obviously, this will bring more comfortable interior space and driving experience.

In terms of interior, the ideal L8 adopts a design very similar to that of L9, and the multi-function steering wheel is equipped with a safe driving interactive screen, while the center console area is composed of a central control screen and a co-pilot entertainment screen, creating a quite strong sense of science and technology.

As an intelligent electric vehicle, the performance of the ideal L8 in the intelligent driver assistance system is also remarkable. Among them, the high-equipped model is equipped with six 8-megapixel cameras, five 2-megapixel cameras, a 128-line laser radar, 12 ultrasonic radars and a millimeter-wave radar. As a foundation, the ideal L8 will be equipped with two NVIDIA Orin-X chips, which finally reaches 508TOPS, completely reaching the level of the ideal L9.

In addition, the ideal L8 is equipped with the functions of seat waist massage, one or two rows of seat ventilation, heating and the third row of seat heating, as well as three-zone automatic fresh air conditioning, four-seat nap mode and so on.

In terms of power, the L8 will be equipped with the same powertrain as the L9, using a 1.5T four-cylinder range extender. The maximum power of the system is 330 kW, the peak torque is 620 Nm, and the acceleration from zero to 100 kilometers is 5.5 seconds. In terms of battery, the ideal L8 is equipped with a 42.8 kWh battery pack, and CLTC has a pure battery life of 210 kilometers, and its comprehensive cruising range will reach 1,315 kilometers. The ideal L8 will also come standard with four-wheel drive and magic carpet air suspension.

Comments: The product strength of the ideal L8 is close to that of L9, but the price is lowered, and the cost performance is higher.

Ideal L7: The First Choice of Big Five-seater SUVMarket guidance price: 319,800 yuan ~ 379,800 yuan

The ideal L7 appearance height inherits the design of the ideal family. The size of L7 is smaller than that of L9, but the gas field on the side of the car body does not lose L9. It can be seen that the area of the rear side window of L7 is obviously smaller than that of L9, and the inclination angle of the D-pillar of the new car is larger than that of the ideal L8, so the visual effect is more fashionable.

In terms of vehicle size, the ideal L7 has a length, width and height of 5050 mm /1995 mm /1750 mm and a wheelbase of 3005 mm, which is a five-seat design. According to the standard of a five-seat SUV, this size is enough to create a spacious and comfortable interior space. At the rear of the vehicle, the L7 has a downward design from the roof to the rear of the vehicle, so the rear window also looks more refined, and the inclination angle of the rear window looks larger.

The interior is still a simple design style, mainly a suspended double screen design that runs through the co-driver, a 3K resolution LCD screen, the central control screen mainly focuses on driving information, the co-driver screen mainly focuses on entertainment information, and driving-related information is on the display screen above the steering wheel. The car is equipped with 21 speakers. With the blessing of Dolby Panoramic Sound 7.3.4, the audio-visual experience inside the new car will be further improved. In addition, the ideal L7′ s second row seats support electric adjustment, with a maximum inclination angle of 40 degrees and a cushion length of 520 mm, making the ride experience very comfortable. In addition, the right side of the second row is also equipped with electric leg rest, which provides users with a natural and comfortable ride experience.

In terms of power, the ideal L7 is equipped with a 1.5T four-cylinder engine as the extended range system, with front and rear dual motors as the main power source, equipped with a 42.8kWh ternary lithium battery pack, with a comprehensive cruising range of 1315km for CLTC and a pure electric cruising range of 210km for CLTC.

Comments: A 5-seat extended-range SUV with basic "full" configuration and performance is worth starting with.

Here comes the point!Three auto show tickets worth 90 yuan are free to grab.

First of all, you need to scan the QR code above, or search for "peninsula metropolis daily" on WeChat to enter the official WeChat homepage of peninsula metropolis daily, and then click "Auto Show Ticket Collection" at the bottom left of the page to enter the page of free ticket collection (as shown in the figure).

Then, after a simple operation, you can get three tickets for the 2023 Shandong International Auto Show for free, which is worth 90 yuan. Moreover, it should be pointed out that the number of ticket benefits for this auto show is limited, and it is first "swept" first!

The operating procedure is as follows:

Text/Lao Zheng

With the popularity of smart homes, more and more families are using smart devices to improve their quality of life. As two products in Xiaomi’s smart home ecosystem, Xiaomi drying racks and Xiaoai speakers can be connected to bring users a more convenient and intelligent drying experience. So, how can Xiaomi drying racks be connected to Xiaoai speakers? Next, we will describe in detail.

** 1. Preparations **

Before connecting, please make sure that your Xiaomi drying rack and Xiaoai speaker are properly installed and powered on, and that both support Bluetooth or Wi-Fi connection. In addition, you also need to make sure that your phone or tablet has installed the Xiaomi Smart Home APP and logged in to the corresponding Xiaomi account.

** Second, Bluetooth connection **

1. ** Turn on Bluetooth **: First, make sure that the Bluetooth function of your phone or tablet is turned on and searchable.

2. ** Enter pairing mode **: Follow the instructions on the drying rack manual to set the drying rack to Bluetooth pairing mode. Usually, this can be achieved by long pressing a button on the drying rack.

3. ** Search for devices **: Turn on the Bluetooth function of the Xiaoai speaker and search for nearby Bluetooth devices in its settings menu.

4. ** Connect the device **: Find your Xiaomi drying rack in the list of searched devices and click to connect. After the connection is successful, you should be able to see the device information of the drying rack in the voice assistant of the Xiaoai speaker.

** 3. Wi-Fi connection **

If your drying rack supports Wi-Fi connectivity, you can also choose to connect via Wi-Fi.

1. Connect to Wi-Fi: First, make sure that both the drying rack and the Xiaoai speaker are connected to the same Wi-Fi network.

2. ** Add Device **: Open the Xiaomi Smart Home APP, select "Add Device" in the device list, and follow the prompts of the APP to add the drying rack to your smart home system.

3. ** Voice control **: After the connection is successful, you can control the drying rack through the voice assistant of the Xiao Ai speaker. For example, you can say "Xiao Ai, open the drying rack" or "Xiao Ai, let the drying rack go up" and other commands to control the lifting and lowering of the drying rack.

Through the above steps, you can easily connect the Xiaomi drying rack to the Xiaoai speaker. After the connection is successful, you will be able to enjoy a smarter and more convenient drying experience.

　　Recently, a celebrity posted a series of Weibo, expressing his views on whether audio recording, video recording and photography should be banned at concerts, which has aroused widespread discussion. The opinions of netizens vary. Some think that since they have paid for the concert, they should be in charge of themselves, and that taking photos and recording videos is only for sending Moments and should not be restricted. Some think that since they come to listen to live performances, they should respect the requirements of the performers, fully commit themselves, and should not use mobile phones. Some netizens think that audio recording and video recording infringe the copyright of the organizers, but photography is not used for profit, does not violate portrait rights, and prohibiting photography is a bit overkill. Can you record, video or take pictures when watching live performances? How is it defined in law?

　　"Note to the audience" is a contract

　　On the back of the performance tickets purchased by the audience, most of them are printed with "Audience Instructions", the most common clause of which is "Without permission, audio, video and photography are prohibited on the spot." This type of audience information is actually a format contract between the ticket seller, the ticket buyer and the user. The so-called format contract refers to a contract that is pre-drawn up by one party for repeated use and cannot be negotiated by the other party at the time of signing. Like the tickets we often come into contact with, the "Audience Instructions", "Visiting Instructions", "Park Instructions" and "Passenger Instructions" in the ticket are all format contracts. Because of its wide use, it is generally tacit that after appropriate prompts, the ticket buyer has been informed and approved of this type of contract requirements at the time of ticket purchase.

　　Maybe everyone is a bit "talking about the tiger changing color" when it comes to the format contract, but if the party providing the format clause exempts its liability, increases the liability of the other party, and excludes the main rights of the other party, the format clause should be invalid. If the format clause is valid, then when the ticket holder accepts the contract, it should abide by the requirements of the corresponding clause; if it is invalid, the ticket holder is not bound by the invalidation clause. So, in the "Audience Notice", the "No audio, video and photography on the spot without permission" clause is invalid?

　　Unauthorized audio and video recordings infringe copyright

　　Copyright includes the right of publication, the right of authorship, the right of modification, the right to protect the integrity of the work, the right of reproduction, the right of performance, the right of information network dissemination, the right of filming, the right of compilation and other rights. Article 38 of the Copyright Law of the People’s Republic of China stipulates that performers have the right to license others to broadcast live and publicly transmit their live performances and receive remuneration for their performances; the right to license others to record and receive remuneration for their performances; the right to license others to copy and distribute the audio and video products of their performances and receive remuneration; and the right to license others to disseminate their performances to the public through information networks and receive remuneration. At the same time, Article 47 stipulates that without the permission of the performer, live broadcast or public transmission of his live performance, or recording his performance, is an infringement, and shall, according to the circumstances, bear civil liabilities such as stopping the infringement, eliminating the impact, apologizing, and compensating for losses.

　　According to the above legal provisions, in a narrow sense, unauthorized audio and video recording during live performances is an infringement; and in a broad sense, the author believes that static designs such as stage arrangement, performance costume design, and performer modeling during performances also condense the creative work of the organizers, making public the results of a large number of intellectual activities of the organizers of the performance department, and restricting photography are also acts of performers and organizers to protect their own copyrights.

　　When the audience purchases tickets to watch the performance, they actually enjoy only the right to watch the artistic performance provided by the performer and the organizer, and do not obtain the authorization to copy, record and disseminate the performance. The above format clause does not exclude the main rights of the audience, just as when visiting a museum, there are some exhibits that can only be appreciated and not allowed to be photographed due to the fact that the copyright has not expired.

　　Therefore, whether from the perspective of copyright protection, or from the perspective of the legality and rationality of format contracts, audiences should abide by the regulations prohibiting audio recording, video recording, and photography. Especially now that live broadcast software is very popular, many live audiences broadcast live performances through software platforms without permission, which directly infringes the copyright of performers.

　　Due to the above reasons, it is recommended that the general audience carefully read the "Audience Instructions" when watching live performances such as concerts, concerts, and dramas, abide by relevant regulations, do not use cameras, mobile phones, and other electronic devices to record, respect the intellectual achievements and legitimate rights and interests of others, and at the same time bring themselves a better viewing experience.

　　Unauthorized photography or infringement of portrait rights

　　Does taking photos at concerts infringe upon the image rights of celebrities? When it comes to portrait rights, everyone is not unfamiliar with it. Article 100 of the General Principles of the Civil Law of the People’s Republic of China stipulates: "Citizens enjoy portrait rights, and without their consent, they shall not use their portraits for profit."

　　But it does not mean that other people’s portraits can be used at will without the purpose of profit. Article 120 of the General Principles of the Civil Law also stipulates: "If a citizen’s right to name, portrait, reputation, and honor has been infringed, he has the right to demand that the infringement be stopped, his reputation be restored, the impact be eliminated, and an apology be made, and he may demand compensation for the loss." In fact, the right to portrait, like the right to name, is an exclusive right. Without his permission, others cannot use it at will. That is to say, in the absence of illegal obstacles (such as retention of evidence, coverage, and the issuance of a "wanted notice" by the public security organ, etc.), the production, reproduction, dissemination, and exhibition of other people’s portraits shall be subject to his permission. Otherwise, the right to portrait of others shall be infringed.

　　Malicious processing and defacement of other people’s portraits not only infringes the right of portrait, but also constitutes damage to the right of reputation. For example, the unauthorized use of celebrity photos to make peripheral products for sale, advertising, etc., are all acts of infringement of portrait rights. In addition, most of the popular emojis are made without their consent, which is also an act of infringement of portrait rights. If they are used for commercial purposes, they also need to bear corresponding compensation liabilities.

　　It should be noted that in order to protect the public’s right to know, artists, well-known public officials, etc., as public figures, have the obligation to tolerate a certain degree of photojournalism in public. And for shooting that is not for the purpose of photojournalism, under the current laws of our country, there is still some controversy as to whether it should be regarded as an infringement of portrait rights. However, without permission, shooting in the private life of public figures, whether for news purposes or simply shooting without dissemination, is a candid shooting and may be investigated for civil liability. In daily life, everyone should know how to protect their privacy rights, portrait rights, and reputation rights, and at the same time respect the legitimate rights and interests of public figures.

　　(Author unit: Beijing Shijingshan District Court)

Andy Lau "kissed" with Big S in public, claiming to yearn for "polygamy"

　　　　　　　 Andy Lau was Big S’s idol for many years. When he learned that he was going to cooperate with Andy Lau, Big S was very nervous, and it happened that the first scene between the two was a kiss scene. Looking back on the scene at that time, Big S still remembered it vividly, "My sister and my mother knew that I was going to shoot a kiss scene with Andy Lau, and they all excitedly asked to watch it.

　　　　　　　 In the interactive game at the scene, Andy Lau had to satisfy the fan’s request to "offer a kiss". When Xu Jiao and Shi Yunpeng, two young actors, kissed him instead of the fan, Andy Lau took the initiative to ask Big S to kiss him, "Don’t Big S come up? I want to kiss her." Facing the invitation of the idol, Big S was a little shy, but he didn’t expect Lau Dehua to "anxiously" go forward and kiss Big S, but, cunning, he used his hat to block both of their faces and offered a fake kiss by borrowing. In the film, Andy Lau from the future and Big S have only been in a relationship for 30 days, and he has never forgotten his dead "wife" Fan Bingbing. The affectionate Liu Tianwang wants to have two "lovers" at the same time, "I can’t choose between them. The future world I envision has resumed’polygamy ‘."

　　　　　　　 On the same day, Andy Lau brought the ambiguous part of the film with Big S to the scene, not only acting very gentleman, but also often humorously showing "love" to Big S. When asked about the type of girl he likes the most, Andy Lau confessed that it is a girl with long hair, "Big S now has long hair, but it used to be short hair, like a boy. It’s just that we met too late. This is all fate." When Big S revealed his penchant for eating peanuts, Andy Lau said, "Because of my high cholesterol, I have quit for a year." Then he did not forget to add a sentence, "Alas, I quit after I separated from Big S. It’s pointless to do anything without her." A humorous "confession" amused the audience with laughter and screams.
　

Recently, a reader initiated a small survey on our exchange group – Huawei asked which of the two cars, the new M7 and the ideal L7, would you choose?

Here are the responses from readers in the group:

That’s right, all ask the world about the new M7. Correspondingly, the order of the new M7 broke through 50,000 units in 25 days.

With this new car orders surge, the greatest sense of crisis is ideal.

According to 36Kr, in the last week before the festival, Li Auto held a strategy meeting to discuss its development direction in the next 5-10 years. One significant adjustment was that it was ideal to replace the first strong opponent by BYD with Huawei.

Although Huawei has always insisted on not building cars, its influence in the car circle cannot be shaken, and asking the new M7 to "come back to life" in a short period of time is the best proof. So after Cyrus hitched a ride, Chery was also waiting for Huawei to fire its own new energy vehicle.

Not only ideal, other car companies are also beginning to pay attention to this new opponent. Huawei’s tentacles are getting longer and longer, who will be the next to be squeezed off the table?

What are you afraid of Huawei?

The success of the new M7 is based on the popularity of the masses.

The public opinion of the mountain and tsunami can be seen and touched, and these can be converted into real orders. It is reported that Huawei aims to ship 60 million – 70 million smartphones in 2024, double the annual shipment (30 million) in 2022.

With the appeal of Huawei mobile phones in the end point market, Huawei’s empowered Q models have also begun to reflect.

During the National Day holiday, the new M7 has a maximum of 7,000 units in a single day. Since its listing in mid-September, the cumulative number of units has exceeded 55,000.

This achievement also made Yu Chengdong sigh "it’s not easy". Of course, in terms of product strength, the new M7 also has enough confidence. The starting price of the new M 7.2498 million yuan is 40,000 cheaper than the old model.

Huawei has invested 500 million yuan in research and development, and has made upgrades to the chassis and performance, space design and layout, and most importantly, intelligent driving.

The intelligent driving and intelligent cockpit are the killer features of the new M7.

The new M7 is equipped with HUAWEI ADS 2.0 advanced intelligent driving system, and the most significant change is the addition of a lidar, which has the ability to assist driving in high-speed, urban, parking, and other scenarios.

HUAWEI ADS 2.0 is equipped with 27 sensors including 1 overhead lidar, 3 millimeter wave radars, 11 high definition visual perception cameras and 12 ultrasonic radars. It can realize NCA function based on BEV large model, road topology inference network and joint planning control without high definition map.

This is also Huawei’s greatest reliance. The urban smart driving pilot assistance (urban NCA) function will cover urban areas and expressways across the country in December this year.

The ideal AD Max 3.0 city NOA navigation assistance driving system has only been pushed to closed beta users since the second quarter of this year. It is expected to be pushed to more than 100 cities in China by the end of this year.

So from this round, Huawei is indeed far ahead, and even Li Xiang himself admits that their intelligent driving is half a year late.

And Huawei empowered the world, from birth to entry, as Huawei managing director, end point BG CEO, intelligent car solutions BU chairperson of Yu Chengdong, played a crucial role.

From "Yu big mouth" to "far ahead", Yu Chengdong can be said to be a "marketing wizard", but Lao Yu "although big mouth", but what goes around is technology.

The marketing focus was also technology. He was extremely good at packaging a certain technology in language, and then giving a review – far ahead.

Previously, Yu Chengdong said in an interview with the media that Huawei’s goal in entering the automotive industry is to be first, because no one will remember the second, and he once bluntly said that "the cattle I bragged about have basically been realized."

In this regard, Yu Chengdong is actually very similar to Li Xiang, the "king of Weibo", and he is a sharp-edged person in personality.

Therefore, Yu Chengdong was a person who understood both technology and marketing. Even as a new player, he could cut into the competitive Red Sea automobile market with a attitude of dimensional reduction.

How can the ideal be broken?

When a car company sells its cars better and better, and its competitors become more and more numerous, its original weaknesses will gradually surface. This is a good example of the reverse trend of the new M7.

The ideal obviously realizes this.

– His investment in intelligent driving has been slightly conservative and cautious.

36Kr reported that at this ideal autumn strategy meeting, intelligent driving became the core topic. Li Xiang reflected and concluded at the meeting that investment in intelligent driving should start half a year earlier, that is, from the middle of last year, we should go all out, rather than starting to increase efforts at the beginning of this year.

An important consensus was reached at the meeting, that is, "make up for the missed classes, and break the game by strengthening investment." After all, the ideal account still has 70 billion cash.

At the meeting, Wang Xing, Lu Qi and other shareholder bosses also said that "increase investment, and even sacrifice some efficiency" when talking about their attitude towards ideal smart driving.

Reviewing the time node of Ideal Smart Driving’s research and development, Ideal announced the start of high-precision maps in 2021, and only landed on high-speed NOA in December of the same year. In August 2022, Ideal officially delivered the Smart Driving 2.0 system on the L series.

Since then, the ideal of intelligent driving has been divided into two products: AD Max and AD Pro. AD Max 2.0 uses NVIDIA OrinX chip and Wesai car-grade lidar to deliver the first high-speed NOA product for visual fusion lidar; AD Pro 2.0 uses Horizon Journey 5 chip to deliver the first high-speed NOA product for pure visual perception.

Until September this year, Li Auto released the closed beta of urban NOA technology and commuter mode, and announced its city-opening plan, but it is worth noting that Li Auto’s city-opening plan is only limited to early bird users.

Under such a rhythm, it is not difficult to feel the actual landing ability of Li Auto’s intelligent driving function, which has a certain gap with friends such as XPeng Motors and Huawei.

Therefore, at this strategic meeting, the development of intelligent driving was also raised to an unprecedented level within the ideal.

First, the person in charge of the ideal internal perception and system was promoted to vice president respectively. On the third day after the National Day, Li Auto’s official account released more than 50 smart driving club recruitment positions.

Which covers the software algorithm, large model, vehicle hardware, testing, operation and other fields, intelligent driving algorithm engineer and a series of positions, most of the starting salary of about 30,000 yuan, large model and autonomous driving related positions, the highest monthly salary can reach 90,000 yuan.

At present, there are as many as 63 job openings for Ideal Smart Driving, covering visual perception algorithms, autonomous driving models, simulation platforms, map data engines, and other categories. The smart driving R & D team has also increased to 800 people.

All kinds of actions show that the weight of the smart driving business has been greatly increased within the ideal. Correspondingly, in the face of the current strong counterattack of the new M7 in the world, the ideal at this stage has decided to take advantage of its strengths and avoid its weaknesses, continue to strengthen the product longboard in the home market, and no longer compete with the new M7.

According to a report by 36Kr, the sales side has also changed its language, and does not take the initiative to mention the M7. If a car owner asks, they will say that an L6 model will be launched next year, which is the same price as the M7.

In addition to this, Li Auto’s product SOP plan has also been extended to 2027. During this period, Li Auto’s technology platform will experience an earth-shaking iteration. It is expected that by 2026, a new generation of technology platforms will be launched, with fully autonomous driving capabilities.

The two will fight

At the strategy meeting, many aspects of the ideal were planned, and the sea plan was also mentioned.

Ideally, going to sea will not be the ideal strategic focus for a relatively long period of time, and it may not be seriously considered until 2028. Before that, parallel exports will be the main focus.

In July this year, Li Xiang himself also sent a Weibo saying that Li Auto will not consider overseas markets before 2025, and will concentrate all resources to achieve the 2025 goal: to achieve the first sales volume of all luxury brands in the Chinese market, the annual delivery volume reaches 1.60 million vehicles, and to achieve revenue of 500 billion yuan.

The ideal is lofty, but it is indeed possible to achieve. Only 8 years after its establishment, the ideal has become the second most valuable car company in China after BYD. In 46 months, it has achieved the delivery of 500,000 vehicles.

How did Li Auto do it?

Li Xiang has publicly given the answer that growth is the core driving force of Li Auto, and every time he encounters a bottleneck, it is a time to frantically absorb growth. In his dictionary, growth is a closed loop composed of two parts, one is learning, the other is training, that is, practice.

Li Xiang himself is a very good learner and a reflective person, and the learning object is Huawei, which is also a competitor.

As early as June, Li Xiang released a small essay late at night, in which he reflected on the reason why the ideal ONE was discontinued early. Li Xiang admitted that it was because of the release of the original Q-World M7 that Huawei’s super capabilities directly caused the sales of the ideal ONE to collapse and stop production early, and the team was crippled.

In the case of failure, the ideal choice was to learn from Huawei. Li Xiang said that all the ideal management teams had purchased at least 10 Huawei public books to read.

Discovering that the painful problems encountered by Ideal in Product Research & Development, sales and service, supply manufacturing, organization and finance, etc., were solved by Huawei more than a decade ago, or even 20 years ago, which gave him a great shock.

And the ideal implementation of a talent rank system similar to Huawei’s, breaking down the ranks into more details, such as the original P9 sequence corresponding to more than 20 levels of the new rank, which can make "the promotion speed will be faster and have an incentive effect".

The same extended-range technology, similar product positioning and segmentation areas, make the world and the ideal destined to be entangled with each other. The old M7 in the world has impacted the ideal ONE, and now the new M7 has made the ideal feel the crisis again.

There will be a battle between the two, who will win? Another question is, who will you choose for the ideal L7 and the new M7?

　　[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)