Guo Fucheng plays a detective on the spot, breaking the murder case and making a laugh

　　Guo Fucheng played a detective in "B + Detective," and he also moved the scene of the crime in the film to the scene. There is a sofa on the stage, sitting on a woman who has been preliminarily determined to have committed suicide, next to sleeping pills, mineral water bottles and other items. I saw Guo Fucheng walk up the stage with magnifying glass. He first put the magnifying glass in front of him and placed a few POSEs, then bent over to observe carefully.

　　Although the "crime scene" was full of doubts, Guo Fucheng did not seem to have solved the case at all. He first "picked" on the actor who played the female corpse and did not wash her hair, and then "thought" that there was too little blood at the scene. The prop master was not fully prepared, and it was completely funny.

　　On March 19, Di Lizheba also received good news again. The urban fantasy drama "Xiao Qi Qing Lan" starring him was officially launched, and the actor he co-starred with was Chen Xingxu. Although this was their first collaboration, it could also be seen from the photos of the opening scene that they were also handsome men and beautiful women, and they were particularly attractive, which made people look forward to it even more!

　　Jiaxing Di Lizheba Studio also posted a set of beautiful photos for the first time. In the picture, Fat Di was also wearing a dark brown leather trench coat and stepping on black boots, and her style was still leading the fashion trend. Although her clothes were loose, her graceful figure also won everyone’s praise.

　　Di Lizheba also had long black and soft hair, a shawl, and a very delicate makeup on her face. She still looked particularly sweet and pleasant, and her big eyes were also very agile.

　　She also took the special red envelope of the crew and posed various shapes to the camera. Her frown and smile were particularly gentle and charming, and her wink expression made people fall into a trap in an instant. I believe she will be able to attract countless fans again in the new drama with her superb acting skills and super high appearance!

　　Subsequently, Jiaxing Di Lizheba Studio also shared a set of behind- the-scene beautiful photos again, and she was wearing makeup, which made her look more natural, sometimes pouting at the camera to act cute, sometimes showing tilted head killing, and laughing when it was like first love.

　　However, what was even more unexpected was that her affair with Huang Jingyu was once again rumored, because the producer of the drama she starred in was "Xian Gongfu Culture Media" and the director was "Tian Li". This was the same as the TV drama "Sea of Dreams" starred Huang Jingyu in last year, which once again triggered heated discussions among netizens.

　　We all know that Di Lizheba and Huang Jingyu’s love affair has been circulating for a long time, but both parties have not expressed their singleness, and the coincidence of resources between the two is also quite high. At the opening banquet of Di Lizheba’s "Anle Biography" in 2021, the creators mentioned Huang Jingyu many times. In 2020, Huang Jingyu’s "Procuratorial Wind and Cloud" and 2022 Di Lizheba’s "Public Prosecution": the producers are all the highest inspection.

　　Now, Di Lizheba is also wearing a ring on the middle finger at the boot site, I don’t know if it means something? But anyway, I’m still looking forward to Di Lizheba’s performance in the new drama, I believe it will also get a double harvest of audience ratings and word-of-mouth!

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According to a report by the Information Times on January 24, "good man" Chen He issued a long apology on Weibo the night before yesterday, "I was wrong", acknowledging that it had been almost half a year since he divorced Xu Jing, and said that he had broken up peacefully with his ex-wife and "did nothing to hurt the world."

However, some careful netizens found that in the six months after the divorce, "good man" Chen He still showed his love on various occasions such as new books, TV shows and magazine interviews. Many netizens questioned that he would spend money on his marriage with Xu Jing after the divorce, and even participated in husband and wife reality shows before and after the divorce. In addition, revelations about "cheating" also followed. It seems that although Chen He admitted the divorce and took the responsibility for himself, he could not resolve the series of doubts caused by this divorce.

Question 1: Do you still rely on marriage to "amass wealth" after divorce?

Chen He said: "Too much worldly sophistication"

Through the popularity of Zeng Xiaoxian in "Love Apartment", and then to "The Year in a Hurry" and "Run, Brothers", Chen He has also flourished in the entertainment industry. Before the divorce incident, he also portrayed himself as a model of "good man". Chen He has never stopped showing his love on Weibo.

If it is true that the two sides can’t be together as Chen He said, then divorce is the best option. But netizens questioned that within six months of Chen He’s divorce, he continued to sell books on Weibo and participated in the husband and wife reality show "True Love is Lost".

On August 2, 2014, Chen He promoted his new book "Love is Love if you can hold on to it" on Weibo, where he wrote: "After almost a year, I finally finished this book. I wanted to give it to my wife as a surprise today, but my wife looked at the cover and said: Whose book is this?" The cover of the book read: "A good man is me, and I am Chen He. I always believe in love!"

According to Chen He, it had been almost half a year since the divorce, and it was estimated that the divorce should be around July 2014. Even if the new book was written before the divorce, it would still be deceptive to claim that "I always believe in love" when promoting the new book after the divorce.

In addition, the husband and wife reality show "True Love is Lost" began recording in May 2014 and premiered on Southeast Satellite TV on July 3 of the same year. Chen He and Xu Jing were guests to show their love, "showing the most authentic side of the celebrity husband and wife to the audience" is the slogan of the show.

According to the operating procedures of the TV program, even if "True Love on the Journey" was recorded before the divorce, the two were also in a period of marital crisis; if "True Love on the Journey" was recorded and broadcast, some netizens revealed that the last recording was completed on August 17, 2014, then it is possible that the "husband and wife reality show" was completed according to the contract after the divorce.

This was just in line with the careful netizens’ discovery that the two had shown incompatibility many times during "True Love is Lost". When interviewing "Do you want to get married again in the next life" with the same title, Xu Jing hesitated for a long time and did not answer clearly. In the last issue, Chen He also thanked Xu Jing for being willing to accompany him. Now it seems that there is a lot of information behind it.

Question 2: Why do you continue to show your love after getting divorced?

Chen He said: "Many jobs cannot be refused"

Chen He did not give an exact time for the divorce in his long apology. According to the calculation of the divorce of half a year, the two should have ended their marriage around July 2014. But Chen He still showed "love" in the interview he did with "Running Man" after that.

In an interview with print media in November 2014, he also said that "marriage is a natural thing. When I was working, she also arranged a lot of things for herself to do, such as traveling or studying. Life is very fulfilling, and I will try to accompany her when I rest." Regarding the baby plan, he said that he also likes children, "but let it be."

At the 2015 Guangzhou New Year’s Eve party on Zhejiang Satellite TV, Chen He also said: "I used sincerity to impress girls, and I pursued my wife the same way, persevering and not giving up."

In the latest issue of Harper’s Bazaar in February, Chen He was interviewed with the title "Chen He, if you love your wife, you will parachute with her". He still called Xu Jing his wife, and planned to send gifts to show his love on Valentine’s Day, calling out "Dear wife, I love you". In addition, when the divorce was spreading, the editor-in-chief of Entertainment Weekly was also discussing with Chen He himself to shoot a husband and wife blockbuster.

It cannot be ruled out that because the image of "good man" is deeply rooted in the hearts of the people, "True Love is Lost" and "Run Brothers" are relatively healthy and positive TV shows. Maybe Chen He had already bundled the package of publicity before signing a contract with the show. Because of the contractual relationship with the agency, Chen He had to complete the necessary work and publicity projects, so he repeatedly emphasized that the work was "irresistible and irresistible" in the long apology "I was wrong".

However, compared to the 14-year-long love, parting ways because of work is not "always believe in love", so it has also attracted many netizens to question: "Deng Chao and Sun Li should be busier than Chen He and Xu Jing, but they also have two children and still have a sweet relationship."

Question 3: Why did you get divorced? Was it too busy or cheating?

Chen He said: "There is nothing else"

As for the reason for the divorce, Chen He gave the official line in his long article that he was too busy: "My work has become increasingly busy and irresistible. Last year, I only had ten days off at most. I couldn’t refuse a lot of work.

Although Chen He seems to be a "good man" – these are all his own fault, but the reason for divorce because of "too busy" is still too far-fetched. Many netizens have questioned that after 13 years of long-distance love, the reason for divorce because of "too busy" less than a year after marriage is still too simple.

What exactly is the reason why "good men" choose to divorce? Chen He stressed that "there is nothing else". But there have been a series of revelations before that their marriage hit the rocks because Chen He cheated. When Chen He filmed "The Year in a Hurry" last February, he met Zhang Zixuan and had a good impression. The divorce with Chen He was carried out at the same time, and it was also rumored that Zhang Zixuan also filed for divorce from her husband Yang Yiliu.

In addition, in November last year, Chen He and Zhang Zixuan were witnessed going to the Maldives together. According to Chen He, this was after their divorce.

However, the popular studio that photographed the article and Yao Di’s "cheating door", as well as Dong Jie (Weibo) and Wang Dazhi embracing each other, revealed yesterday that it held a photo of Chen He cheating and hugging a female star. "Chen He, who has always shown his love as a good man, urgently wrote a divorce statement full of false apologies on the grounds that he did not have time. To be honest, I am disgusted, there is really no other reason for the divorce? Did not do something harmful? How to explain that both cheated on each other with another female star?"

From this point of view, Chen He’s divorce "nothing else" is very doubtful. It can’t stand the test. Once a photo confirming his affair leaks out, Chen He has to conduct a new round of crisis public relations.

small question

Who did Chen He threaten? Who was releasing the material?

Although it is said that there is no wind and no waves, it is quite particular about who was the first to poke the divorce incident of Chen He. After all, he can hide the divorce for half a year, and the whistleblower must be close to the people around him. Chen He also pointed out in his long apology that "I don’t want to threaten anyone either. One column and one movie pushed me to this point, which I never expected." This sentence seems meaningful.

It is worth mentioning that Chen Li, a veteran in the circle, suggested on Weibo that Chen He had been "splashed with dirty water" by his friends, which also made netizens think about it. He wrote on Weibo: "The so-called brother is to see that you are more popular than him, and dig a hole with more false information in the semi-real. You asked the media to break the news and paid to use the marketing account, so you are not afraid of being dug out?"

Many netizens speculated that the deliverer was Zheng Kai (Weibo), who used to be a classmate and had a competitive relationship with Chen He in "Running Man" shows and big movies, but Zheng Kai forwarded Chen He’s apology to Weibo yesterday, saying "Brother, come on! We will grow with you, once, now and in the future…" Chen Lizhi also forwarded Zheng Kai’s Weibo, saying "Good brother, let’s go together".

Ex-wife Xu Jing pleaded for Chen He: He is my relative, don’t attack him

Information Times News On the evening of January 22, Chen Hefa admitted that he had been divorced from his ex-wife for half a year, claiming in Weibo that "I was wrong". Two hours after Chen He’s post, another party, Xu Jing, also spoke out on Weibo, saying that Chen He was still his relative and hoped that everyone would not attack Chen He.

Xu Jing wrote on Weibo: "Fourteen years can help you get to know a person better? You have to persevere when you are wronged, you have to let go when you endure heartache, and you can’t see that he is helpless when you are separated. He is just a fragile child, but he is my relative. Please don’t attack him."

Although Xu Jing generously called on netizens to let Chen He go, this move attracted praise, but the words "bear the heartache and let go" in Weibo were still very dazzling, and the "heartache" caused by it aroused more attention.

"Running Man" Wang Zulan calls for some space for Chen He

Speaking about Mr. Chen’s divorce, Wang Zulan, the only member of the "Brotherhood" group present at the premiere of the film "Running Brothers" in Beijing yesterday, said that others had already privately consoled him and that all that needed to be done was to give the parties some space.

Special guest Jin Zhongguo said that during the recording of the program with Chen He, he felt very happy.

At yesterday’s press conference, Deng Chao, Chen He, AngelaBaby, Wang Baoqiang (Weibo), Zheng Kai, and Li Chen (Weibo) were all absent, and Wang Zulan picked up the heavy responsibility. Calling himself the "Leak Picking King", he seized the opportunity to "trick" the absence of other starring figures on the spot, wrote his mantra "Are you a pig?" on Chen He’s drawing board, and painted Li Chen’s eyebrow with a little red "Wu Meiniang makeup".

In the temporary name tag tearing activity launched at the scene, Wang Zulan also won the Korean version of the running man Jin Zhongguo in one go. It made Jin Zhongguo "aggrieved" and said coquettishly: "In Korea, they have always’bullied me ‘. When I come to China, I am still a victim, and I have no chance to show my ability. Next time I meet you, I must tear off your name tag."

Zu Lan, who had defeated the strongest "energy user" in the battle of tearing famous brands for the first time, sighed: "Zhong Guo Oppa is too good. In fact, in the movie, he is very strong and very hard. We all love him very much."

During the filming of "Running Man", Chen He has already divorced his wife. His absence from the event yesterday also attracted media inquiries. The staff revealed that he had rejected yesterday’s arrangement early because of the schedule. Wang Zulan said that after the brothers heard the news, they had already sent greetings and comfort in the WeChat group. But he did not want to say more, and called on everyone to "give him some space."

Wang Zhonglei (Weibo), president of Huayi Brothers, revealed that when he recommended his artists to participate in the show, he thought Chen He was very strong in combat. "Don’t look at him as a tall person, but in fact he is very cowardly and needs protection." Wang Zhonglei smiled and said that another person who surprised him was AngelaBaby. He had hesitated several times whether to recommend her to the show. "After watching the show, I knew she was easy to fight, and she was a man woman."

In the eighth season of "Extreme Challenge", Dragon TV is using its own "challenging spirit" to meet the challenges of program iteration.

Author: West Asia

An "infinite loop" sightseeing bus, carrying the members of "Extreme Challenge" to their destination.

The number 8 in the eighth season is similar to the infinite symbol "∞". The show not only cleverly uses the setting of the hit drama "Beginning" at the beginning of the year, but also symbolizes the beginning of the new season, which still hides infinite possibilities…

On June 26, the eighth season of "Extreme Challenge", an inspirational variety show on Oriental Satellite TV, was broadcast. The new season invited Wang Xun, Yue Yunpeng, Jia Nailiang, Guo Jingfei, Huang Minghao, Huang Jingyu, Yang Chaoyue, and Gong Jun to form a new extreme challenge group to jointly start a journey full of joy and challenge.

As a comprehensive N-generation, what kind of "extreme challenge" is behind the eight-season and 96-episode programs?

In the midst of challenges, see laughter and see life

"Pie in the sky", using durian as a bowling ball, throwing golden eggs to those who want to be punished…

The first episode of the program walked into Wuzhizhou Island in Hainan. On this small island full of tropical vacation style, through fun games and faction battles between members, the new and old members embarked on a happy "ice-breaking journey".

"Welcome to the eighth season of Extreme Challenge, you have been eliminated!"

Under the challenge, reversals happen from time to time. The seemingly comfortable safe house has become a reward for the "bad guys", and the members who enter it will be eliminated. In the game "Who is Undercover 008", some members turn against their teammates, and some members forget the mission. Under the rules, some guests give up voting from beginning to end, and use the anti-routine gameplay to lead their teammates to win the "Sharing Good Brothers Combination Award" and complete the challenge together.

Transmitting happiness in the challenge also prompts thinking. It is precisely because member Gong Jun resisted the temptation throughout the process and did not vote for others to be eliminated that the group members finally won together, which also conveys the theme of this season’s "Challenge Together, Toward the Future" – on the basis of passing happiness, we also call on everyone to create a better future, and make the right choice in the face of life choices or temptations.

In the seventh season of "Extreme Challenge", the program combines topics such as the Beijing Olympic Winter Games, poverty reduction, and fire protection that the public cares about to convey the happiness of ordinary people and reflect the social picture of prosperity and development.

In this season, "Extreme Challenge" still draws inspiration from the times and life, and integrates marine protection, rural revitalization, cultural tourism development, seed industry innovation and other topics into a joyous game, enriching the form and content of the program while expanding the expression space of social value.

For example, in the first issue, in addition to the game, the island’s intelligent vacation experience is also impressive, demonstrating the flourishing attitude of Hainan’s cultural tourism industry. At the end of the collective thanks section, the audience was also introduced to the importance of marine ranching.

The content extended by the theme of "the future" is also a major attraction. In the challenge, the show presents a new era by showing the emerging lifestyle, the new development brought by the new business model, etc., and leads the audience to peek into the future – both the future life and the future era.

At the same time, from the perspective of young people, the program not only shows the current young people’s favorite camping, role-playing tabletop games, racing and other topics, but also focuses on strugglers from all walks of life, tells how Chinese wisdom solves global challenges, and shows a vivid "future in progress" through the positive mental outlook of today’s young people.

"Extreme Challenge" of 96 episodes in 8 seasons

"Extreme Challenge has become a part of my life." "This time I’m going to fight back!" "Let go and play, do my best, and try to be the best!" "I’m also that thorny rose!"…

At the beginning of the eighth season, the speeches of several new and old guests made many audiences emotional. As a show that has accompanied the audience for 7 years, from "Extreme Challenge, This is Love", to "River Running, Walking on the Waves", "Together, We Will Sure Win", "Let’s See Happiness", and then to "Challenge Together, Towards the Future", the slogan and theme of "Extreme Challenge" have been changing.

What is constant?

"The spirit of challenge," said Shi Jianing, associate director of the Oriental Satellite TV Center and general director of "Extreme Challenge." "Although there are some small changes every year, we have been trying to keep pace with the times. By combining the current hot topics, the audience can see the beauty and changes of life through walking and challenges, and inspire everyone to have a spirit of extreme challenge."

Eight seasons and 96 episodes are also an "extreme challenge" for the main creative team. Shi Jianing introduced that during the special period, this team, which was nicknamed "Extreme Challenge" and "Drifting Team", did not return home for several months, overcame difficulties and traveled to various places to shoot, worked hard to record the beautiful moments of life, brought laughter and laughter to the audience, and also outlined a corner of the production of domestic variety shows under the epidemic, showing the tenacity and challenging spirit of radio and television people.

In addition to the external "challenges", as a comprehensive N-generation, "Extreme Challenge" also has internal "challenges" – how to maintain long-term vitality and continue to go both ways with the audience?

"None of the content is repeated, and in terms of production difficulty, this is the most difficult show I have ever done," Shi Jianing said. The changes in "Extreme Challenge" have created many problems such as building new members and balancing new and old audiences. As society develops, so does the audience. It is in this process that the show develops and iterates, which means that more current content needs to be injected.

"Every generation of viewers has a constant liking – from grand propositions to new things, what moves them is what resonates with life."

Constant multi-dimensional innovation, adhering to the "spirit of challenge", and continuous attention to society, striving to balance fun and meaningful, may be the source of the vitality of this show.

Shi Jianing said that the challenge at the next stop may be the future.

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1905 movie network news Hong Kong film and television can be said to be a representative stage of Chinese film and television. From the 1940s and 1950s to the present, Hong Kong film and television can be said to have experienced ups and downs until returning to the ordinary. During this period, many Hong Kong actors such as Tony Leung, Andy Lau, Zhang Zhaohui, and Guo Fucheng not only became famous all over the country with many classic film and television works, but also won various awards. The name of Best Actor lives up to its name. However, with the influence of Hong Kong film and television not as great as before, they have been baptized over the years, but now they are more and more flavorful.

　

Tony Leung: An outstanding representative of Hong Kong’s powerful actors

　　　　

Tony Leung has starred in many TV dramas. Over the years, the handsome students in the TV dramas have been transformed into the strength of the award-winning best actor, with representative works such as,,, etc.; the eyes are bottomless and profound, the breath is mature and deep, and the conversation is oozed with humor and melancholy. Whether it is serious art or comedy, art film or commercial martial arts film, Tony Leung is competent, and he is an outstanding representative of Hong Kong’s powerful actors. Now, a movie starring Tony Leung is about to be released on the first day of the new year. In the movie, Tony Leung will play the unreliable "temporary father" Tu Sigu.

　

Andy Lau: Known as a symbol of hard work in Hong Kong

　　　　

For a long time, Andy Lau has been evaluated as a good actor, a good singer, and a better character. His diligence and dedication are also very prominent in the entertainment industry, and he is known as a symbol of diligence in Hong Kong. Representative works include,, etc.; Andy Lau has played many underworld roles with affection and righteousness, and his image deeply influenced the young people at that time. After that, he tried to transform into more in-depth role types, and his acting career also took it to the next level. Now that the movie starring him is officially launched on the whole network, Andy Lau will play Lei Luo again after 25 years, which is full of expectations.

　

Zhang Zhaohui: Combining the characteristics of the Hong Kong acting school

Zhang Zhaohui can be said to be a combination of all the characteristics of Hong Kong’s acting school, starring in the protagonist or supporting role can be grasped, also good and evil, acting like what, difficult to distinguish between loyal and traitors, he has had wonderful performances in many film and television dramas, representative works include "Golden Decade", "Big Guy", etc. Now, the urban emotional drama "Full Time Without Women" starring him, and other film and television dramas have hit the air one after another, whether it is "overbearing president" Zhuang Huo/Ruan Man Hung, or the "good and evil" Pope, Zhang Zhaohui has pinned it just right, and has nominated Hong Kong, Singapore, and Malaysia for Best Actor by virtue of "Full Time Without Women". With the hit broadcast of the new drama "Sex is in Love", Zhang Zhaohui, the male god of the acting school, also joined the Chinese public security Hong Kong social workers perform perfectly.

　

Kwok Fu-cheng: A Condensed Hong Kong Pop Culture Symbol

Kwok Fu-cheng himself is a condensed symbol of Hong Kong pop culture. From him, you can see the ups and downs of the entire Hong Kong entertainment industry. He was a youth idol, his subsequent struggles, and his achievements until today. The never-say-die spirit is the projection of the tide change in Hong Kong’s entertainment industry for 20 years. Representative works include,,, etc.; now, the spy blockbuster starring him is online, and Kwok Fu-cheng has a variety of shapes in the film, such as underground intelligence officers, tailors, beggars, etc., which have always been a topic that audiences enjoy talking about. And the movie starring him will also be released on the first day of the new year, so stay tuned.

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.

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Text/Lao Zheng

　　[Global Network Technology Report, Reporter Chen Jian] In recent years, the development speed of China’s technology has changed with each passing day. China’s technology industry has also led the transformation from "Made in China" to "Created in China". Today, a group of Internet companies represented by Xiaomi have emerged in China. They focus on quality, so that "Made in China" gradually gets rid of the traditional impression of low price and low quality in the eyes of the world.

　　In 2017, Xiaomi rose against the trend

　　2017 was a year of fruitful results for China’s technology industry. A large number of representative major scientific and technological innovations such as Jiaolong, Tianyan, Wukong, Mozi, Huiyan, and large aircraft have emerged one after another, constantly refreshing the public’s scientific and technological perception. Quantum regulation, iron-based superconductivity, and synthetic biology have entered the world’s leading ranks, continuously enhancing people’s sense of scientific and technological pride. But after all, these cutting-edge things are still far from people’s lives, and people still feel the progress of science and technology from daily consumer electronics. The update and iteration of mobile phones, TVs, and other products have made people feel the strength and confidence of domestic brands. Even in many regions around the world, people are eager to enjoy the experience brought by Chinese electronic products.

　　2017 was not an easy year for the mobile phone industry and the TV industry. In the field of home appliances, according to the total data of Aowei Cloud Network (AVC) omni-channel push, the retail sales volume of the color TV market in 2017 was 47.52 million units, a year-on-year decrease of 6.6%. The increase in panel prices from the end of 2016 to 2017 caused many color TV companies to increase costs, and their net profits fell one after another. Coupled with the decline in market capacity and sales, many companies experienced negative growth, which was miserable. Even the extremely hot Internet brands have lost their voice, and some Internet brands have even suffered "premature death".

　　In the field of mobile phones, according to the data, the domestic market shipments 491 million in 2017, down 12.3% year-on-year. Especially in the fourth quarter of 2017, the decline in shipments exceeded 20%, and the market reshuffle was further intensified. Due to the acceleration of the industry reshuffle in 2017, the concentration of mobile phone brands was further enhanced; China, O, V, and Mi grew rapidly, ranking three to six in the global TOP10 brand shipment rankings in 2017, followed by Samsung, iPhone.

　　In the context of the global downturn, Xiaomi, which was sung bad in 2016, suddenly made a comeback and hit a lot of people in the face. According to data from Oviyun.com, Xiaomi TV 4A 32 inches was officially mass-produced from July 10, 2017, and 1 million units were officially offline on March 9, 2018. Xiaomi TV 4A 32 inches reached the sales volume of 1 million units in only 8 months. This data is of great significance in the TV field, because at present, in the domestic TV sales, only another Internet TV 40-inch and 50-inch TVs have reached a single product sales of over one million, but it took 13 months and 24 months respectively. And Xiaomi mobile phones have re-entered the top five in China.

　　Xiaomi TV is applauded at home, and Indian rice noodles are even more crazy for it

　　The reporter looked at the evaluation of major e-commerce platforms, and the Xiaomi TV 4A 32-inch has a high praise rate of 99% on Suning.com, and even 100% in JD.com. And according to the reporter’s survey, the repair rate of Xiaomi TV has been controlled to 0.43%, far below the industry average of 2.5%, and the good quality has led the industry by a large margin. The quality control of any product is also the key to the success of this product.

　　In overseas markets, taking India as an example, Xiaomi’s TV has also achieved impressive results. On the day of Xiaomi TV’s first sale in India on February 22, Xiaomi TV 4 55-inch 10-second lightning sold out. After the release of Xiaomi TV 4 A series 32-inch and 43-inch new products, it was snapped up by Indian fans, even to the extent of exaggeration than in China.

　　India’s TV market is also in a period of transition. Many ordinary users can only choose expensive international brands or relatively low-priced but outdated models. After the thousand-yuan Xiaomi TV products enter India, they can fill the gap in the market. As an Internet company, Xiaomi also makes localized customizations for local users in India.

　　While Xiaomi TV is recognized by Chinese consumers, it will once again go out to the world as a representative of new domestic products. Not long ago, the news of the Sri Lankan brother grabbing Xiaomi TV and flying home was still vivid in my mind. On social platforms, Indian netizens also expressed a kind of love for Xiaomi. Some Indian netizens even said that "when they see Xiaomi TV, their eyes can’t move".

　　Xiaomi wants to enhance the global influence of the "Made in China" brand

　　It is precisely because of the emergence of companies like Xiaomi that the "foreign brand" life of the mobile phone and TV market is miserable. As a global hegemon, Samsung once occupied the first position in the Chinese market in the mobile phone field. In just a few years, due to the rise of domestic manufacturers, Samsung’s current market share in China has been less than 1%. In the field of home appliances, Samsung, LG, Sony and other TV manufacturers are currently unable to compete with Xiaomi and Hisense in small-size TVs, so they have to focus on the high-end market above 55 inches.

　　Wang Chuan has said many times: "Adhering to high cost performance and saving every penny for users is the core value of Xiaomi." In an interview with reporters, Wang Chuan of Xiaomi TV said that Xiaomi has a saying that always believe that good things are about to happen. Wang Chuan believes that as long as everyone does their best to make the product really good, and then is willing to be kind, willing to learn from Lei Feng to do good things, and provide it to customers, they will definitely win the love of users. Although I did not expect to achieve 1 million in such a short time, it is actually a natural thing. As Bezos said, there is a company that reduces costs by forcing itself to continuously improve efficiency, and then provides users with better and cheaper products. This is the case with Xiaomi.

　　According to the reporter’s understanding, Xiaomi TV will also explore more markets this year, bringing the excellent experience of Xiaomi TV to the world. The only major difficulty currently plaguing Xiaomi TV is the issue of production capacity.

　　Lei Jun recently proposed at the two sessions to enhance the global influence of the "Made in China" brand and comprehensively improve the level of Chinese design. In recent years, the MIX series designed by Xiaomi has been collected by three major museums around the world, and Xiaomi TV and its ecological chain products have repeatedly won international design awards. On the road of practicing innovation, Xiaomi has been at the forefront and has been recognized by the global market.

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

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

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

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

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

"Fight for the value of Chinese cars" has never been a slogan. Geely China Star is writing the story behind this sentence with its high sales, high value and high premium, and leading Chinese brands to break through.

Data show that the total sales of China Star currently exceed 200,000 units, with monthly sales of 20,000 units, quickly detonating the Chinese auto market, becoming a phenomenon, and successfully entering the "price hinterland" of joint venture vehicles. On November 19, China Star’s flagship SUV Xingyue L ushered in evolution, and launched the Xingyue L Thor Hi · X gasoline-electric hybrid version at the Guangzhou Auto Show, breaking the inherent definition of non-traditional fuel vehicles or new energy vehicles in the past, and becoming "a higher organism in the automotive industry, a new species that continues to evolve". At the same time, Xingyue L also ushered in the first OTA upgrade of the whole vehicle, launched the "Xingyue L Star Enjoy Official Co-creation Plan", and continuously brought users a commonly used and new product experience.

Since its debut, China Star has attracted a lot of attention for breaking through the boundaries of independent and joint ventures and breaking through the barriers of technical constraints. Today, China Star not only rivals the joint venture brands, but also shows a better position in the value competition and becomes the mainstream choice of high-value.

Evolution: A number of leaders, bringing new species of gasoline-electric hybrids

China Star is a CMA high-end series created by Geely into the era of Geely 4.0 comprehensive architecture car manufacturing. It is composed of Xingyue S, Xingrui, and Xingyue L. It integrates the latest technological achievements of Geely Automobile and breaks the barriers defined by joint venture brands in the past. Among them, China Star’s flagship SUV Xingyue L not only redefines the new standard of SUV, but also has epoch-making significance.

In fact, when Xingyue L was listed, Li Shufu, chairperson of Geely Holding Group, once said, "Xingyue L not only inherits the advantages of traditional cars, but also absorbs the bright spots of new energy vehicles, opening up a new path for the transformation and upgrading of traditional cars." Now the launch of the Raytheon Hi · X gasoline-electric hybrid version once again confirms the characteristics of Xingyue L taking into account the advantages of fuel vehicles and new energy vehicles.

The evolved Xingyue L Raytheon Hi · X gasoline-electric hybrid version is Geely’s first model launched after entering the "Power 4.0 Era". It is based on the just-released "Raytheon Zhiqing Hi · X" world-class modular intelligent hybrid platform. It has far superior strength in performance, energy saving and intelligence than its Japanese hybrid competitors.

Specifically, the Xingyue L Raytheon Hi · X oil-electric hybrid version is equipped with a hybrid core drive system composed of a three-speed variable DHT Pro drive motor and a DHE15 hybrid special engine, enabling the geometric expansion of the intelligent driving mode and covering more working conditions.

Among them, the "China Heart" top ten engine DHE15 hybrid special engine, thermal efficiency has reached an unprecedented 43.32%, the coverage rate of high efficiency area is close to 50%, the maximum power is 110kW, the maximum torque is 225N · m, and the liter power and liter torque are veritable best in the same class. The three-speed electric drive transmission DHT Pro is the intelligent energy control center of this car. In the axial size of only 354mm, it is highly integrated with a generator motor and a drive motor, two motor controllers and a three-speed ratio variable speed and torsion mechanism. Under the combined action of the DHE15 engine, the average fuel consumption of 100 kilometers is as low as 4.3L, and the maximum cruising range of full fuel is 1300 kilometers, bringing the strongest power and lowest fuel consumption performance among HEV models in the same class.

At the same time, the Xingyue L Raytheon Smart Engine Hi · X gasoline-electric hybrid version has a full-speed domain parallel function, which can enter the parallel mode at a speed of more than 20km per hour to achieve ejection start, which is much lower than the parallel speed of at least 70km for Japanese hybrid cars, and the system efficiency is increased by 20%.

As a milestone product in the hybrid field, Xingyue L Raytheon Smart Engine Hi · X Hybrid Edition not only pioneered the era of multi-mode transmission of hybrid electric drive, but also adopted the intelligent electronic and electrical architecture GEEA 2.0 to realize the joint control of the power domain and other domains of the vehicle. The system can identify the driver’s driving habits and road congestion, realize driving mode adaptation, self-learning and self-adjustment, and enable 20 intelligent working modes to switch without feeling.

Upgrade: Often used and always new, bringing an experience that exceeds expectations

While Xingyue L has expanded its product lineup to the field of gasoline-electric hybrids, opening up a new path for the transformation and upgrading of traditional automobiles, Xingyue L has not forgotten to speed up its own iteration in intelligent ecology. At this auto show, Geely released the Geely Galaxy OS vehicle function OTA carried by Xingyue L, which brought 49 product upgrades worth 2,750 yuan, continuing to bring users a comprehensive vehicle intelligent ecological experience. It is reported that users who place an order before December 31, 2021 can open the upgrade for free.

In fact, this is the second upgrade of Xingyue L, which has been on the market for only four months. In August this year, Xingyue L has brought a Geely Galaxy OSV1.1 version upgrade to users, bringing 17 new smart experiences to users in four aspects: interaction, vision, application and intelligent control. The officially released OTA function of the whole vehicle adds Huawei Hicar function, which allows mobile phones to cast screens, such as map projection, game playing, etc., as well as more comfortable and convenient new functions.

As the world’s first mass-produced global FOTA fuel SUV, in the future, Xingyue L will push FOTA upgrades every quarter, which will bring product experiences that exceed expectations in intelligent driving, power performance, body control, and digital cockpit interaction. More importantly, OTA upgrades will not be limited to application ecological expansion and experience optimization in the traditional sense, but also put the upgrade of vehicle performance on the agenda. In the future, Geely will continue to keep the Xingyue L’s usual and new through iterations of the underlying design, power performance, and Geely Galaxy OS speed upgrades.

It is worth mentioning that these upgrades of China Star will be co-created with users. In Geely’s view, "products are ships, marketing is sails, and users are water", and user co-creation is the source of China Star’s living water. As early as May this year, Geely announced the user brand "we", becoming the first car manufacturer in the world to release a user brand, narrowing the distance with users.

At this year’s Guangzhou Auto Show, Geely once again promoted the implementation of the "Co-Creation Plan", opened the "Xingyue L Star Enjoy Official Co-Creation Plan", issued a total of 10 million gigabytes to encourage co-creation, invited users to propose the evolution direction of Galaxy OS according to their own preferences and thinking, and put forward their own plans for digital smart cars. Users who contribute will get the permission of Xingyue L permanent free FOTA.

From the world’s first recruitment of Star Enjoy officials, to the listing of 28,000 + Star Enjoy officials to witness together, and then to this OTA upgrade, the launch of the "Star Enjoy L Star Enjoy Officer Co-creation Plan", the continuous maintenance of the evolution ability of Geely Galaxy OS, and the creation of user communication activities IP – CMA Day, CMA Hour, CMA Summer, CMA Life, etc., user co-creation has long been engraved in Xingyue L, and in the genes of China Star, in the "open, co-creation, exploration, happy" user ecosystem, continue to bring users new experiences that exceed expectations.

Break the circle: face to face, enter the "price hinterland" of the joint venture car

The evolution and upgrade of Xingyue L is in fact a microcosm of China Star’s upward breakthrough. China Star’s total sales exceeded 200,000 units and monthly sales exceeded 20,000, becoming the "China Star phenomenon" that appeared again in Geely after the "Boyue phenomenon". It opened up a new track for Chinese brands to rise, and also showed people the courage, determination, sincerity and strength of China Star to fight for the "value of Chinese cars".

When China Star was officially released, Geely made it clear that it would fight for the "value of Chinese cars" and aimed the battlefield at the mainstream joint venture market. Now, China Star has successfully entered the "price hinterland" of the joint venture brand, breaking the boundary between joint venture and autonomy, and truly facing the "high value" and joint venture brand head-on.

Behind this evaluation, there is full user support and data support. Xingrui has accumulated more than 120,000 units in the 12 months of listing, with high-end models accounting for 66% of sales. The average transaction price exceeds 130,000-140,000 yuan, breaking the "ceiling" of the main sales price of Chinese brand sedans 100,000 yuan, becoming the only Chinese brand sedan with a monthly average of more than 10,000 yuan in the 110,000-150,000 level sedan market. Xingyue L has been listed for more than three months. Sales volume is 30,355 units. At present, the total order has exceeded 75,000 units. Sales of high-end models account for more than 62%. The average transaction price of the whole series is as high as 170,500 yuan. It has become the only Chinese brand model with a monthly average of more than 10,000 in the 120,000-180,000 level five-seat SUV market.

Another set of data more intuitively reflects the impact of China Star on the joint venture market. "Now 60% of the replacement users of the’Star series’ are from joint venture brand users, which is the broken circle of China Star," said Lin Jie, senior vice-president of Geely Automobile Group.

Relying on Geely’s technological advantages in the 4.0 era and global high-quality resources, China Star continues to break through the value ceiling to lead the global architecture car-making era, the global hybrid new energy era, and the global 5G intelligent travel era.

Regarding the future, Fan Junyi, executive deputy general manager of Geely Automobile Sales Company, is full of confidence. The goal is that the China Star series will account for 30% of Geely’s total sales in 2022. In fact, "China Star is the first choice for Chinese car buyers, which has become the consensus of Chinese users in the new era. In the era of new technology, China Star will represent Chinese manufacturing to participate in global competition and shine on China’s technological strength.

At the last moment, Wang Jianlin lifted the crisis!

According to Dalian Wanda’s official website, on December 12, 2023, PAG and Dalian Wanda Commercial Management Group jointly announced the signing of a new investment agreement. PAG will cooperate with other investors to reinvest in Zhuhai Wanda Commercial Management after its investment redemption period expires in 2021. Existing investors invested about 38 billion RMB in Zhuhai Wanda Commercial Management in August 2021, of which PAG’s investment is about 2.80 billion US dollars (about 18 billion RMB). Existing investors enjoy redemption rights in the original investment arrangement.

This means that before the deadline for Zhuhai Wanda Commercial Management to list in Hong Kong, Wanda’s listing pressure has been eliminated.

Picture source: Screenshot of Dalian Wanda’s official website

Wanda’s "urgent need" solution

Wanda said that according to the new agreement, Dalian Wanda Commercial Management holds 40% of the shares, making it the single largest shareholder. Pacific Alliance and several existing and new investors will participate in the investment, with a total of 60%. However, Wanda did not disclose which new investors will enter. Some analysts believe that the possibility of insurance capital entering cannot be ruled out, and some original investors may withdraw.

The 21st Century Business Herald reporter noticed that in the new agreement, the direct shareholding ratio of Dalian Wanda Commercial Management will drop significantly from the existing 70.15%, while the shareholding ratio of investors will rise sharply from 29.84%.

Wanda said that Wanda will work with important shareholders such as Pacific Alliance to further optimize the corporate governance of the company, maintain the stability of the management team, and jointly support the long-term development of the company. The new agreement reflects investors’ high recognition of the growth potential of Zhuhai Wanda Commercial Management and its operating capabilities.

In September 2021, Zhuhai Wanda Commercial Management, which is seeking to list in Hong Kong, signed a share transfer agreement with 22 investors including Zhuhai SASAC, Tencent, Country Garden, CITIC, Ant Financial, China Merchants Group, Warburg Pincus, and Zheng Yutong’s family. Among them, some investors signed a gambling agreement with Wanda Commercial Management. According to the agreement, Zhuhai Wanda Commercial Management needs to complete the listing by the end of 2023, otherwise it will have to pay investors an equity repurchase at an annual internal rate of return of 8%. It is reported that the repurchase payment will reach 30 billion yuan.

However, due to the weak environment in the Hong Kong stock market, the listing of Zhuhai Wanda Commercial Management has been delayed repeatedly. And as the "limit" of gambling is approaching, this new investment agreement can be described as solving Wanda’s "urgent needs".

Zhuhai Wanda Commercial Management has submitted to the Hong Kong Stock Exchange four times on October 21, 2021, April 22, 2022, October 25, 2022, and June 28, 2023. On November 10, Zhuhai Wanda Commercial Management updated its listing application form on the Hong Kong Stock Exchange. According to the latest announcement, Zhuhai Wanda Commercial Management has agreed to terminate the appointment of Credit Suisse (Hong Kong) Limited as the overall coordinator of its listing application, effective from November 9, 2023. As of now, there are two joint sponsors of the company, namely CITIC CLSA Securities Limited and J.P. Morgan Securities (Asia Pacific) Limited. Wanda has since confirmed that UBS has replaced Credit Suisse as the overall coordinator of Wanda Commercial Management.

Image source: Visual China

Zhuhai Wanda Commercial Management for three consecutive years

Exceeding performance targets

Zhuhai Wanda Commercial Management currently manages 494 large commercial centres in 227 prefecture-level and above cities across the country. The number of commercial centres managed by Zhuhai Wanda Commercial Management has grown from 417 to 494 in the past two years, an average annual growth rate of about 9%. Zhuhai Wanda Commercial Management is now the world’s largest commercial management company in terms of commercial area under management.

Dalian Wanda said that since existing investors invested in 2021, Zhuhai Wanda Business Management has exceeded its performance targets for three consecutive years. After-tax income in 2021 is 23.50 billion yuan, 2022 is 27.10 billion yuan, and 2023 (estimated) is 29.30 billion yuan, with an average annual growth rate of about 12%. After-tax profit in 2021 is 5.30 billion yuan, 2022 is 7.50 billion yuan, and 2023 (estimated) is 9.50 billion yuan, with an annual growth rate of 34%. In the past three years, the company has paid a total of about 10 billion yuan in taxes, and dividends to shareholders are 4.60 billion yuan in 2021, 6.70 billion yuan in 2022 and 8.50 billion yuan in 2023 (estimated).

Wang Jianlin previously sold off assets

In order to solve the liquidity problem, some time ago, Wang Jianlin also sold off assets.

On December 6, Wanda Film announced that the 51% stake of the company’s controlling shareholder, Beijing Wanda Investment Co., Ltd. was to be transferred to Shanghai Ruyi Investment Management Co., Ltd., a wholly-owned subsidiary of China Ruyi Holdings Co., Ltd. In other words, Wang Jianlin sold Wanda Film. If the deal is completed, plus the previous transaction, Shanghai Ruyi will hold 100% of Beijing Wanda Investment, thereby indirectly holding 20% of Wanda Film and becoming the actual controller of Wanda Film.

According to the surging news on the 7th, on December 6th, the reporter learned that during the recent communication with investors, Zhuhai Wanda Commercial Management revealed that Wanda Group plans to sell its Wanda Plaza in first- and second-tier cities in exchange for liquidity, and is currently negotiating with insurance institutions. However, Wanda did not disclose which insurance institution it contacted. At the same time, there is still no IPO timetable for Zhuhai Wanda Commercial Management’s listing in Hong Kong.

In addition, on October 26, there was a market news that "Zhuhai Wanda Commercial Management intends to delay its listing on the Hong Kong Stock Exchange and is discussing providing compensation to investors to avoid triggering a repurchase." In response, people close to Wanda Group told the "Daily Economic News" reporter, "The current listing work is advancing normally. Whether it is contacting investors or applying for an IPO normally, it is a daily work, and there are no new changes."

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● According to Daily Economic News, Dalian Wanda official website, The Paper, 21st Century Business Herald, Securities Times, China Fund News, etc

Original title: "Last minute! Wang Jianlin, there is big news"

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