What are the major events happening around the world this National Day holiday?

 




The 2021 Nobel Prizes will be announced from October 4 to 11. It is worth noting that this year’s selection incorporates the consideration of major events that are decisive factors in human development, such as climate change.


· Nobel Prize in Physiology or Medicine


On October 4, 2021, the first Nobel Prize in Physiology or Medicine was officially announced, shared by two American scientists, David Julius and Ardem Patapoutian, in recognition of their contributions to the discovery of temperature and tactile receptors.


· Nobel Prize in Physics


On October 5, the 2021 Nobel Prize in Physics was announced, shared by Syukuro Manabe, Klaus Hasselmann, and Outreach Giorgio Parisi, in recognition of "groundbreaking contributions to our understanding of complex systems."


The Nobel Prize in Chemistry


On October 6, Benjamin List and David W.C. Macmillan were awarded the 2021 Nobel Prize in Chemistry for developing a precise new tool for molecular construction, organic catalysis, which has had a huge impact on drug research.


· Nobel Prize in Literature


On Oct. 7, the 2021 Nobel Prize in Literature was awarded to the 73-year-old Tanzanian novelist Abdulrazak Gurnah, "for his influence on the literary writing of colonialism and his uncompromising and compassionate penetration of the fate of refugees in the gulf between cultural continents."


– Stay tuned for the 2021 Nobel Prize –


Policy voice


News



The State Council issued the Outline for the Development of Chinese Women (2021-2030) and the Outline for the Development of Chinese Children (2021-2030).


On September 27, the State Council recently issued the Outline for the Development of Chinese Women (2021-2030) and the Outline for the Development of Chinese Children (2021-2030). The Outline for Women proposes 75 major goals and 93 strategic measures in eight areas, including health, education, economy, participation in decision-making and management, and social security. At the same time, the Outline for Children proposes 70 major goals and 89 strategic measures in seven areas, including health, safety, education, and welfare.


The State Council Information Office released the white paper "China’s comprehensive well-off society"


The State Council Information Office released the white paper "China’s Comprehensive Well-off" on the 28th. The white paper points out that not one person will be left behind, not one region will be left behind, and not one nation will be left behind. It reflects the organic unity of realizing the all-round development of people and the development of all people, and reflects the essential socialist requirements of achieving common prosperity.


Supreme Leader: Strengthening the National Biosafety Risk Prevention and Control and Governance System


On September 29, the Supreme Leader emphasized during the 33rd collective study of the Political Bureau of the CPC Central Committee that it is necessary to strengthen the construction of the national biosafety risk prevention and control and governance system and improve the national biosafety governance capacity.


The General Office of the State Council issued the "14th Five-Year Plan" for Universal Medical Security


On September 29, the General Office of the State Council recently issued the "14th Five-Year Plan" for National Medical Security. The plan points out that by 2025, the medical security system will be more mature and finalized, and the medical security policy will be standardized, the management will be refined, the service will be convenient, and the degree of reform coordination will be significantly improved.


Nine ministries and commissions issue document to strengthen the comprehensive management of Internet information service algorithms


On September 29, the National Cyberspace Administration of China and other nine ministries and commissions recently issued the "Guiding Opinions on Strengthening the Comprehensive Governance of Internet Information Services Algorithms", proposing to use about three years to gradually establish a comprehensive governance pattern of algorithm security with sound governance mechanisms, perfect supervision systems, and standardized algorithm ecosystems.


National Development and Reform Commission responds to "power cuts"


On September 29, the relevant person in charge of the National Development and Reform Commission said in response to a reporter’s question that in the process of implementing orderly power consumption, users should be strictly informed in advance, encouraged and guided to take the initiative to stagger power consumption, and resolutely "limit power without pulling the gate" and "limit power to civilian use" to ensure smooth power operation.


Ministry of Education: National policy does not have the concept of "first degree"


The official website of the Ministry of Education announced on September 29 that the Ministry of Education recently responded to the question of "first degree" and said that the degree refers to the learning experience of people receiving scientific and cultural education and skills training in educational institutions. The concept of "first degree" is not used in the relevant policies and documents of the national education administrative department. The "degree" we refer to in the management process usually refers to the highest or last degree obtained by an individual.


The National Forestry and Grassland Administration interviewed 10 counties and cities that have seriously damaged forest resources


On September 29, the National Forestry and Grassland Administration interviewed 10 counties and cities that had seriously damaged forest resources, including Qingtian County in Zhejiang Province and Danzhou City in Hainan Province, to report the problem of destroying forest resources and put forward rectification requirements.


The State Press and Publication Administration has launched a reporting platform to prevent minors from being addicted to online games


According to Xinhua News Agency, the National Press and Publication Administration’s platform to prevent minors from indulging in online games was officially launched on September 30. The special project of the reporting platform accepts reports from the public about the anti-addiction of game companies. Once the reporting clues are verified, the relevant departments will strictly investigate and punish the illegal game companies.


MIIT plans to require that core data collected and generated within the country shall not be allowed to leave the country


On September 30, MIIT’s official website announced that MIIT released the exposure draft, which clearly stated that important data collected and generated by industrial and telecommunications data processors in the People’s Republic of China should be stored in the territory in accordance with laws and administrative regulations, and data should be exported under the premise of ensuring safety.


Chinese Olympic Committee: Resolutely put an end to the spread of "rice circle" chaos to the sports field


The Chinese Olympic Committee issued a statement on its official website on September 30, saying that the Chinese Olympic Committee firmly supports the special project of the central government "Qinglang · ‘Fanghuan’ Chaos Rectification", and calls on Chinese athletes not to participate in the organization of star support groups, not to initiate or participate in various topics, resolutely prevent the "Fanghuan" chaos from spreading to the sports field, and resolutely oppose the use of "Fanghuan" to engage in profit-making activities.


The Ministry of Human Resources and Social Security and other four departments issued a document: Support Hong Kong and Macao youth to find employment and start businesses in the Guangdong-Hong Kong-Macao Greater Bay Area


On October 1, the Ministry of Human Resources and Social Security and other four departments issued the "Implementation Opinions on Supporting Hong Kong and Macao Youth Employment and Entrepreneurship in the Guangdong-Hong Kong-Macao Greater Bay Area". Support Hong Kong and Macao youth to find employment and entrepreneurship in the Guangdong-Hong Kong-Macao Greater Bay Area, and allow eligible Hong Kong and Macao youth to sign up for the "Three Support and One Support" program.


Beijing issues energy-saving and power-saving proposals, suspending light shows to reduce nighttime landscape lighting


On October 2, the Capital Civilization Office, the Municipal Urban Management Commission, and the Beijing Energy Conservation and Environmental Protection Center issued the "Proposal on Energy Saving and Electricity Saving in the City", advocating that the city’s government agencies, enterprises, institutions, and the general public practice green and low-carbon lifestyles and electricity consumption habits. At the same time, Beijing suspended light shows and reduced nighttime landscape lighting hours.


Chinese Delegate Launches’Global Development Initiative ‘at Human Rights Council


On October 4, Ambassador Chen Xu, Permanent Representative of China to the United Nations in Geneva, addressed the 48th session of the Human Rights Council, promoting the "Global Development Initiative" and calling for building a global community with a shared future for development.


Shandong has launched ten measures to support women in science and technology to play a greater role


On October 4th, in order to further stimulate the innovation vitality of female scientific and technological talents, the Shandong Provincial Department of Science and Technology and other departments jointly issued a notice recently, proposing 10 innovative measures based on the actual situation in Shandong, and will appropriately relax the age for female scientific and technological talents to apply for provincial natural science fund projects. Among them, the Excellent Youth Fund project is relaxed to 40 years old, and the Excellent Youth Fund project (overseas) is relaxed to 42 years old.


National Development and Reform Commission and other departments: resolutely curb the blind development of "two highs" projects


On October 6th, the National Development and Reform Commission recently issued the "Plan for Improving the Double Control System of Energy Consumption Intensity and Total Amount", proposing to resolutely control high-energy-consuming and high-emission projects. All localities are required to establish a list of under-construction, proposed, and existing high-energy-consuming and high-emission projects, and clarify their disposal opinions.


China-US high-level meeting! Yang Jiechi: China opposes using "competition" to define Sino-US relations


On October 6, Yang Jiechi, a member of the Political Bureau of the ** Central Committee, met with Sullivan, Assistant to the US President for **** Affairs, in Zurich, Switzerland. Yang Jiechi pointed out that the US should deeply understand the mutually beneficial and win-win nature of bilateral relations and correctly understand China’s domestic and foreign policies and strategic intentions. China opposes using "competition" to define China-US relations.


Enterprise Practice


News


State Grid: Maximum possible to avoid power outages


On September 27, in response to the current power supply situation, the State Grid Corporation said that it is possible to avoid power outages as much as possible, and resolutely hold the bottom line of people’s livelihood, development and safety. Strengthen the unified scheduling of the whole network, rationally arrange the operation mode, and serve power generation enterprises well.


Ren Zhengfei: From "Tuba Road" to Internationalization


On September 28, Huawei’s Xinsheng community released Ren Zhengfei’s latest speech – "Open your mind, emancipate your mind, and dare to attract the best talents in the world". Ren Zhengfei said that Huawei will increase its recruitment of overseas talents, specifically looking for "high-nosed" talents, and in three to five years, it will gradually go international from the previous "Tuba Road".


Ele.me officially launches Elder Mode


On September 28th, the Ele.me App officially launched a more elderly-friendly elder mode. The elder mode selects the four functional channels that best meet the daily needs of the elderly: ordering takeout, shopping in supermarkets, shopping for food, and buying medicine (launched in October).


Bull Group fined for implementing monopoly agreement 290 million


On September 28, it was reported that Bull Group was fined 294.81 million yuan by the Zhejiang Provincial Market Supervision and Administration Bureau for reaching and implementing a monopoly agreement with the counterparty of the transaction. It is reported that this case is the largest anti-monopoly fine issued by the Zhejiang Provincial Market Supervision Bureau since the institutional reform.


Total Energy signs agreement with China Three Gorges Group


On September 28, according to the official website of Total Energy, Total Energy and China Three Gorges group company signed an agreement to establish an electric vehicle joint venture in China. The joint venture plans to develop high-power charging infrastructure and services for electric vehicles in Hubei province, and will install and operate more than 10,000 high-power charging stations by 2025.


2021 Chengdu-Chongqing Shuangcheng Economic Circle corporate social responsibility forum was held


On September 28, the 2021 Chengdu-Chongqing Shuangcheng Economic Circle corporate social responsibility forum was held in Chengdu. "2021 Chengdu-Chongqing Shuangcheng Economic Circle Top 100 list of corporate social responsibility" and "2021 Chengdu-Chongqing Shuangcheng Economic Circle corporate social responsibility case award" were also released simultaneously at the forum.


China Offshore Oil: our country Bohai Sea another 100 million tons of oil and gas discovery


On September 30, China National Offshore Oil Corporation (CNOOC) announced that our country has made another large oil and gas discovery in the Bohai Sea – Kenli 10-2 Oilfield, which has been approved by the Ministry of Natural Resources and has proven geological reserves of crude oil exceeding 100 million tons.


Mary Kay Announces Sustainability Strategy


On September 30th, Mary Kay Corporation recently announced its sustainability strategy, Milk Perpetual, and released its "2020-21 Sustainability and Social Impact Overview Report". The new Mary Kay Sustainability Strategy covers five key impact areas and plans to achieve 15 commitments through a decade of continuous efforts.


WISE publishes its first ESG report


On September 30, Huizhe released its 2020 ESG report. The report shows that in 2020, the per capita greenhouse gas emissions of Huizhe Shenzhen, Hefei and Chengdu office employees were 0.66 tons per person, and the electricity consumption per square meter of building area was 59.31 kWh/square meter.


Hebei province private corporate social responsibility top 100 list released


On September 30, the top 100 list of private corporate social responsibility in Hebei Province was officially released. It is understood that this is the first time that Hebei Province has released the top 100 list of private corporate social responsibility, the top 100 of scientific and technological innovation invention patents, and the top 100 list of R & D investment.


Liu Yonghao: digital transformation is organizational reinvention


On October 2nd, Liu Yonghao, chairperson of New Hope Group, said in an interview recently that digitalization is a strategy for New Hope, rather than a partial minor repair. Digital transformation must be arranged early, starting from organizational and cultural transformation, and then digital transformation, the effect is better.


China Three Gorges Group’s original intention to lead the social responsibility management officially published 


On October 3, recently, the "China Three Gorges Group’s original intention to lead the social responsibility management", a series of books on the management of central corporate social responsibility under the guidance of the Science and Technology Innovation and social responsibility Bureau of the State-owned Assets Supervision and Administration Commission of the State Council, was officially published.


Tencent, iQIYI, and Youku collectively announced the cancellation of advanced on-demand


On October 4, iQIYI, Youku, and Tencent Video successively announced the cancellation of the advanced on-demand service. Previously, the China Consumers Association had issued a criticism, arguing that advanced on-demand should respect the voluntary, and proposed that relevant platforms cancel episode-by-episode restrictions and billing rules must comply with fair and equal requirements.


Alipay releases National Day consumption report


On October 7th, Alipay opened API recently released the National Day consumption report. According to the report, the consumption amount of supermarkets across the country increased by nearly 40% month-on-month. Among them, the consumption heat of retail business circles and convenience stores in Shandong Province both ranked among the top ten in the country.


Carbon neutrality express


News



CSTM carbon emissions committee established in Beijing


On September 27, with the approval of the China Materials and Testing Organization Standards Committee, the CSTM carbon emission field committee was officially established in Beijing. The carbon standard committee will give full play to the guidance and leading role of the standard on carbon emissions, and actively promote the smooth development of national peak carbon dioxide emissions and carbon neutrality.


Orient Securities releases carbon neutrality index


On September 27, the carbon neutrality index developed by Sina Finance and Financial Institution Group – Oriental Securities · carbon neutrality index was released. The 50 most representative companies in the field of "carbon neutrality" and low-carbon transformation in CSI 300 were selected as sample stocks.


Cummins Hydrogen China headquarters project landed in Lingang


On September 27, Lingang New Area Management Committee and Cummins (China) Investment Co., Ltd. signed an investment agreement to jointly promote the landing of Cummins Hydrogen Energy China Headquarters in Lingang. The project covers electrolytic water hydrogen production equipment stacks, fuel cell engines and their core components, high-pressure hydrogen storage bottle systems and other businesses. The project plans to achieve an output value of 10 billion yuan.


Wuxi held the country’s first "zero carbon party congress"


On September 28th, two staff members of the Jiangnan Notary Office notarized the carbon neutrality process of the just-concluded 14th Party Congress of the city. The party congress generated a total of 91 tons of carbon dioxide emissions through the purchase of the Wuxi City Carbon Generalized System of Preferences project. It is reported that Wuxi City is the first city in the country to implement carbon neutrality notarization for large-scale conferences. This party congress is also the first "zero carbon party congress" in the country.


OPEC: Oil will continue to dominate as population growth offsets carbon emissions limits


Opec said on the 28 September that population growth in developing countries would ensure that oil was the world’s leading source of energy at least until 2045, when global oil demand would level off rather than peak and only 20 per cent of cars on the road would be electric.


Changzhou launches the country’s first energy flow carbon meter application demonstration project


On September 29, at the launch of the country’s first energy flow carbon meter application demonstration project, the product "carbon consumption code" was released online, enabling accurate carbon consumption to be checked throughout the production process of the product. Using a mobile phone to scan the QR code on the clothes label, in addition to basic information such as product weight and size, consumers can also see the carbon emissions of the product in various production processes such as spinning, garment making, ironing, and packaging.


SAP launches carbon footprint management solution


On September 29, SAP recently announced the launch of its carbon footprint management solution (SAP Product Footprint Management), which can extend to the entire life cycle of products, assist companies in calculating the carbon footprint of their products in the entire value chain, and allow companies to disclose the environmental footprint of products to regulators, accelerating the path to sustainable development.


The country’s first net-zero emission "oil and gas hydrogen electric service" comprehensive energy station is put into operation


On September 29th, the country’s first net-zero emission "oil and gas hydrogen electric service" comprehensive energy station – Sinopec (600028, stock bar) Shandong Jinan Petroleum’s 58th comprehensive energy station was officially put into operation. The station integrates refueling, refueling, hydrogen refueling, power exchange, photovoltaic power generation, steam service, chain convenience, training base and other functions, and has an important demonstration effect.


The first domestic zero-carbon operation smart bank branch was launched in Chongqing


October 1st news, recently, CCB Chongqing Liangjiang 5G + smart bank held a zero-carbon intelligent network unveiling ceremony, becoming the first domestic zero-carbon operation intelligent bank network to pass the certification, will vigorously promote Liangjiang New Area to financial support peak carbon dioxide emissions carbon neutrality work.


The first large-scale agreement transaction in the carbon market of Ningxia Autonomous Region was successfully signed


On October 2, Ningxia Power Investment Xixia Thermal Power Co., Ltd. successfully completed the first large-scale agreement transaction of Ningxia enterprises in the national carbon market, and sold 100,000 tons of carbon allowances to China National Petroleum Corporation International Business Co., Ltd. at a price of 41.5 yuan/ton.


China Banking and Insurance Regulatory Commission: It is strictly forbidden to draw loans from eligible coal power and other enterprises to prevent sports carbon reduction


On October 5, the China Banking and Insurance Regulatory Commission officially issued a notice explicitly requiring that the normal order of the commodity market should be strictly prevented from being affected by bank insurance funds. It is strictly forbidden to illegally draw or cut off loans to coal, electricity, coal and other enterprises and projects that meet the support conditions, and to prevent campaign carbon reduction and credit "one size fits all".


social livelihood


News



Professor Liu Jin of West China Hospital established our country’s first individual donation fund


On September 27th, Professor Liu Jin of the Anesthesia and Surgery Center of West China Hospital of Sichuan University donated 100 million yuan from his personal income to set up a special project development fund in West China Hospital to encourage residents, bring faculty funds, and improve the clinical ability of residents. This is also the first special project development fund established by individual donations in our country.


Our country’s first solar exploration satellite is scheduled to be launched this year


On September 28, our country’s first solar exploration satellite model was exhibited at the China Air Show. The satellite is planned to be launched this year. As our country’s first solar exploration satellite, the successful launch of the satellite will mark China’s official entry into the "solar exploration era".


Tsinghua’s first AI virtual student "Hua Zhibing" shows her face and sings


On September 29th, recently, Tsinghua AI virtual student "Hua Zhibing" appeared for the first time to sing, stunning netizens! "Hua Zhibing"’s face and voice are generated by artificial intelligence models. In June this year, she enrolled in the Department of Computer Science of Tsinghua University, and she also has the ability to continue learning. She can gradually "grow up" and become more and more intelligent, which makes her very different from ordinary virtual characters.


Putian customizes the anti-epidemic hero card for the aid team


On October 1, it was reported that Putian, Fujian Province awarded the title of honorary citizen to the anti-epidemic personnel from all walks of life, and customized the anti-epidemic hero card, giving them the right to travel to Putian for free for life.


Our country successfully collected plant seeds in the 6200-meter area of Mount Everest


On October 2, it was reported that a few days ago, the collection team of the Southwest China Wild Biological Germplasm Resource Bank successfully collected the seeds of plants such as Sumeru fan leaf mustard and rat snow rabbit in the 6200-meter area of Mount Everest, breaking the highest altitude record for collecting plant seeds in our country.


Zhejiang University female professor won the World Outstanding Female Scientist Award


On October 3rd, the 24th World Outstanding Women Scientist Award was announced. Professor Hu Hailan of Zhejiang University was awarded the award for her significant discoveries in neuroscience, especially depression. Her work has promoted the development of a new generation of antidepressant drugs.


Guangxi border port welcomes shelter laboratory


On October 6th, the first cabin nucleic acid test laboratory at Guangxi border port was recently completed and opened at Pingxiang Friendship Pass. Inbound passengers can conduct nucleic acid tests on the spot. The detection timeliness is increased by more than 2 hours compared with the previous one. The basic realization is that the inspection is ready. While reducing the detention time of passengers, it also controls the risk to a minimum and helps "foreign defense input".


The National Day box office exceeded 4.20 billion


According to the data of the State Film Administration, as of the afternoon of October 7, the box office of our country’s National Day in 2021 reached 4.246 billion yuan. Among them, "Changjin Lake" broke the box office record of the National Day film with 3.09 billion yuan.


National Day holiday domestic travel 515 million people


On October 7th, according to the data center of the Ministry of Culture and Tourism, from October 1st to 7th, the number of domestic tourism trips 515 million across the country recovered to 70.1% of the same period before the epidemic. Realized domestic tourism revenue of 389.061 billion yuan, restored to 59.9% of the same period before the epidemic.


International information


News



Steve Jobs’ widow to invest $3.50 billion in Climate Action


Lauren Powell Jobs, the philanthropist and widow of Apple founder Steve Jobs, said on September 27 that $3.50 billion will be invested over the next 10 years to fight the climate crisis, and the money will go to the Waverly Street Foundation, which Jobs established in 2016.


The UK has released its first national space strategy


The UK government released its first national space strategy on September 27, according to which the UK plans to promote innovation and development of the UK space enterprise by unlocking private financing, inspire the next generation through cutting-edge research, and maintain the UK’s competitive edge in space science and technology.


Electric mobility platforms ask European Union to support "retraining" scheme


The Electric Mobility Platform, an industry group representing groups such as Tesla, Renault, Nissan and 3M, said on September 28 that it was asking the European Union to support a "retraining" program to help auto workers prepare for the future as it transitions to electric vehicles, Reuters reported.


Australia’s antitrust watchdog: Curbing Google’s sales of targeted ads


According to a report by Reuters, Australia’s antitrust watchdog on September 28 called for authorizations to curb Google’s use of internet data to sell targeted ads, saying Google’s dominance in the market has reached the point of harming publishers, advertisers and consumers.


The second China-Africa Economic and Trade Expo trade transaction transcript is eye-catching


On September 29, the transcript released by the second China-Africa Economic and Trade Expo showed that a total of 569 cooperation projects were collected at this expo, and 135 were signed on the spot or online during the expo, with a cumulative amount of 22.90 billion US dollars. Nearly 500 China-Africa trade enterprises carried out pre-conference consultations and docking, and the intended turnover reached 200 million US dollars.


United Airlines is preparing to lay off nearly 600 employees who are not vaccinated against COVID-19


According to a report in the Wall Street Journal (blog, Weibo) on September 29, United Airlines officials said Tuesday that the company is moving forward with plans to lay off nearly 600 employees who did not receive the COVID-19 vaccine by the deadline. Officials said those employees could still keep their jobs if they choose to get vaccinated before the official termination date.


Amazon’s first home assistant robot


According to Kyodo News, Amazon released "Astro", a small household robot, on September 28, priced at $999 (about 6453.54 yuan). Services that support housekeeping and care for the elderly when you go out are planned to be sold in the United States within the year.


Fumio Kishida was elected as the 100th Prime Minister of Japan


On October 4, Japan held an interim parliament to hold a prime minister-named election, and the new president of the ruling Liberal Democratic Party, Fumio Kishida, was successfully elected as the 100th prime minister of Japan. That morning, Yoshihide Suga’s cabinet announced ** after the last cabinet meeting.


The United Nations: Only one-fifth of space workers are women


On October 4th, according to data released by the United Nations, the number of women employed in the international space industry is roughly the same as it was 30 years ago, accounting for only 20-22% of the total workforce. To address this issue, the United Nations Office for Outer Space Affairs has launched the "Advancing Women’s Rights in Outer Space" project to promote women’s empowerment. 


By 2050, 5 billion people are expected to lack water


The World Meteorological Organization warned on October 5 that according to the latest report released by the World Meteorological Organization, in 2018, at least 3.60 billion people in the world faced the dilemma of insufficient water consumption for at least one month every year, and by 2050, the number of people with water shortage is expected to rise to 5 billion.


World Meteorological Organization: More than 2 billion people live in water-stressed countries


In 2020, 3.60 billion people lack safely managed sanitation services, 2.30 billion lack basic sanitation services and more than 2 billion live in water-stressed countries without access to safe drinking water, according to a report released by the World Meteorological Organization on October 5.


Report: A decade of climate change has caused 14% of coral reefs to disappear 


A UN-backed report released on the 5 October shows that between 2009 and 2018, 14 per cent of the world’s coral reefs were destroyed as a result of rising ocean temperatures – more than the total area of Australia’s coral reefs. 


Just one month into implementation, Texas’s "toughest abortion law" has been temporarily banned


On October 6 local time, the US District Court for the Western District of Texas ruled that the federal government’s application for a "temporary injunction" on Texas’ abortion law was granted, while rejecting Texas’ request for a "suspension of the effectiveness of the trial judgment during the appeal period". US Attorney General Garland called the ruling a "victory for women and the rule of law in Texas".


Facebook delays new product launch due to possible mental health risks for teens


According to a report in the Wall Street Journal on October 7, after media exposure and congressional hearings revealed that Facebook’s social platform Instagram may pose risks to the mental health of children and adolescents, Facebook delayed the launch of new products and suspended some work on new and existing products to detect potential effects.


The above is the entire content of this issue. The National Day is over, so go back to work full of vitality~


Overall planning for this period | Eighteen


Image: Network


 


This article was first published on WeChat official account: Golden Bee. The content of the article is the author’s personal opinion and does not represent the position of Hexun.com. Investors operate accordingly, please bear the risk.

(Editor in charge: Lee Hsien Kit)

A box of oil refreshes the new record of 1426.1km battery life. Xingyue L Raytheon Hi·X hybrid version wins the strong joint venture brand hybrid product.

  International Online auto channel News: On December 20th, 10 Xingyue L Raytheon Hi·X hybrid versions set off from the neighboring suburbs of Beijing, spanning several provinces and cities in the north and south, and all successfully arrived in Jiaxing City, Zhejiang Province in the early morning of the next day. The Xingyue L Raytheon hybrid 1300km long battery life challenge was successful. Among them, a Xingyue L Raytheon Hi·X hybrid version driven by Easy Car, the longest cruising range of a tank of oil reaches an astonishing 1426.1km, and the lowest fuel consumption per 100 kilometers is only 3.9L, setting a new record for the lowest fuel consumption of the five flagship SUVs in China.

[auto channel Information+Highlights List] A box of oil refreshes the new record of 1426.1km battery life. Xingyue L Raytheon Hi·X oil-electricity hybrid version wins the strong joint venture brand hybrid product _fororder_image001.

Fuel consumption performance of xingyue l Raytheon Hi·X hybrid version

  Long battery life without charging can increase the range of mixing, and the measured average fuel consumption per 100 kilometers is as low as 4.3L

  Under the guidance of "3060" double carbon target, electrification has become the main development direction in the future, and hybrid vehicles without mileage anxiety are favored more and more. As an important part of electrification development, Geely Automobile, which released Raytheon Power, has successfully entered the first echelon, which will break the monopoly position of Japanese in the hybrid market and rewrite the hybrid market structure.

[auto channel Information+Highlights List] A box of oil refreshes the new record of 1426.1km battery life. Xingyue L Raytheon Hi·X oil-electricity hybrid version wins the strong joint venture brand hybrid product _fororder_image002.

Xingyue L Raytheon Hi·X Hybrid Edition Endurance Challenge Activity

  On December 20th, more than 10 media test drive groups drove 10 Xingyue L Raytheon Hi·X hybrid versions. After filling up the oil from the gas station in the neighboring suburbs of Beijing, they sealed the fuel tank with disposable stickers and officially set off all the way south in the morning. In the early morning of the 21st, vehicles participating in the challenge arrived one after another. Under the witness of all challengers, the fuel tanks of 10 Xingyue L Raytheon Hi·X hybrid versions were all intact, all successfully crossed the north and south, and the extreme challenge of 1300km long battery life was a complete success.

[auto channel Information+Highlights List] A box of oil refreshes the new record of 1426.1km battery life. Xingyue L Raytheon Hi·X oil-electricity hybrid version wins the strong joint venture brand hybrid product _fororder_image003

Fuel tank seal

  According to statistics, this challenge spans many provinces and cities in the north and south, and the whole journey exceeds 1300km. According to the on-board recorder, the average fuel consumption of 10 Xingyue L Raytheon Hi·X hybrid versions participating in the challenge is around 4.3L. Among them, the fuel-electric hybrid version of Xingyue L Raytheon Hi X, which is driven by Easy Car, has the longest cruising range exceeding 1426.1km, and the fuel consumption per 100 kilometers is as low as 3.9L, setting a new record for the longest cruising range and the lowest fuel consumption of the current five-seat hybrid SUV, and verifying that Xingyue L Raytheon Hi X fuel-electric hybrid version is a "long-cruising range-extending hybrid without charging", and it is also an HEV model with the strongest power and the lowest fuel consumption in its class.

[auto channel Information+Highlights List] A box of oil refreshes the new record of 1426.1km battery life. Xingyue L Raytheon Hi·X oil-electricity hybrid version wins the strong joint venture brand hybrid product _fororder_image004

Xingyue l Raytheon Hi·X hybrid version of oil and electricity

  The world’s first 3-speed hybrid electric drive transmission DHT Pro+ DHE15 hybrid special engine, the core technology is better than Japanese hybrid.

  This time, the success of Xingyue L Raytheon Hi·X hybrid version in crossing the north-south limit and challenging 1300km comes from the global power technology brand with five platform advantages and six hybrid industry ceiling technologies — — Raytheon Power and a world-class modular intelligent hybrid platform — — Lei Shenzhi is famous for hi X.

[auto channel Information+Highlights List] A box of oil refreshes the new record of 1426.1km battery life. Xingyue L Raytheon Hi·X oil-electricity hybrid version wins the strong joint venture brand hybrid product _fororder_image005.

Xingyue l Raytheon Hi·X hybrid version of oil and electricity

  The DHE15 hybrid engine equipped with the hybrid version of Xingyue L Raytheon Hi·X is the world’s first mass-produced supercharged direct injection hybrid engine, which adopts four advanced technologies: high-pressure direct injection, supercharged intercooling, Miller cycle and low-pressure EGR to redefine the highest standard of hybrid engines. The highest thermal efficiency of the engine is 43.32%, and the coverage rate of high thermal efficiency area is close to 50%.

  Matching with it, the world’s first mass-produced 3-speed hybrid electric drive transmission DHT Pro has a number of black technology blessings, redefining the new standard of hybrid transmission in terms of fuel saving, driving control and comfort. As the intelligent energy control center of the whole hybrid system, DHT Pro can realize the powerful functions of pure motor drive, oil-electric hybrid drive, intelligent power generation, intelligent energy distribution and 3-speed speed change and torque increase, and output electricity and fuel with "lossless" high quality, making Xingyue L Raytheon Hi·X oil-electric hybrid version the only hybrid vehicle that can realize full-speed domain parallel connection, with a comprehensive power of 180kW and a comprehensive torque of 540 N m.

[auto channel Information+Highlights List] A box of oil refreshes the new record of 1426.1km battery life. Xingyue L Raytheon Hi·X oil-electricity hybrid version wins the strong joint venture brand hybrid product _fororder_image006.

DHE15 hybrid special engine

  In addition, the 3-speed hybrid electric drive transmission DHT Pro can be fully combined with GEEA 2.0, a cross-domain integrated intelligent electronic and electrical architecture, and the hybrid system FOTA upgrade is realized for the first time, with up to 20 intelligent driving modes, making the vehicle smarter and more efficient.

[auto channel Information+Highlights List] A box of oil refreshes the new record of 1426.1km battery life. Xingyue L Raytheon Hi·X oil-electricity hybrid version wins the strong joint venture brand hybrid product _fororder_image007.

Xingyue l Raytheon Hi·X hybrid version of oil and electricity

  At present, the automobile industry is accelerating the transformation to new energy and electrification. Geely Automobile takes the initiative to change, closely combines the transformation to "new four modernizations" with the goal of "double carbon", and unswervingly develops new energy vehicles. As the first heavy-duty vehicle to start the transformation of Geely Automobile in the era of comprehensive electrification and new energy, Xingyue L Raytheon Hi·X hybrid version has achieved comprehensive transcendence in power, fuel consumption and intelligence, breaking the long-term monopoly of Japanese and Japanese fields on the HEV market and refreshing the cognition that "China technology leads the world" again. It is reported that at the end of the challenge, Raytheon hybrid technology conference and Xingyue L Raytheon Hi X hybrid version test drive will be held in Yiwu factory. On December 25th, Xingyue L Raytheon Hi X hybrid version was officially pre-sold, which also made consumers full of expectations for its listing. (Source: Geely Automobile)

China Xingzhiqing -4-liter era leader makes fuel vehicles leap a generation.

  No frequency conversion, no energy saving, no performance and no subversion. China Star Intelligent Double Engine has officially entered the 4-liter era! On November 26th, the challenge plan of China Star Family Xingyue L and Xingrui L intelligent twin-engine Gemini Taiyuan was successfully concluded in Monet Valley. The "Jinkana Raceway Challenge", "Zero-Hundred Linear Acceleration Challenge" and "Intelligent Double Engine S-bend Racing" show the hard-core strength of a new generation of intelligent double engines, and further confirm the global leadership of the three intelligent double engine technologies of "1.5TD four-cylinder hybrid special engine+world-leading three-speed intelligent frequency conversion technology+X System intelligent control system", which are energy-saving, performance and intelligence.

  Early in the morning, the participants signed in at the designated place, and then took the bus to the Monet Valley. After arriving at the destination, everyone enjoyed a sumptuous lunch and exchanged their love for Geely brand during lunch.

  At 14: 00, the event officially began. First of all, Wu Jiabo, the urban operation manager of Shaanxi-Shanxi War Zone, delivered a speech. He said: "The Xingyue L and Xingrui L models of Geely China Star Family have won wide recognition in the market, and we are very happy to share the charm of these two cars with you here." Subsequently, the gold medal lecturer explained in detail the technical characteristics and using skills of Xingyue L and Xingrui L intelligent dual engines.

  Fast, tough and steady, China Star intelligent twin-engine entered the 4-liter era, making fuel vehicles leap to a new generation.

  Overthrowing the traditional hybrid technology, China Star Intelligent Twin Engine integrates the world-leading three core intelligent twin engine technologies of "a new generation of 1.5TD four-cylinder hybrid special engine+the world-leading three-speed intelligent frequency conversion technology+X System intelligent control system", which makes the power performance, driving experience and ultra-low fuel consumption of hybrid electric vehicles leap by one generation.

  In the on-site interactive session, participants actively participated and asked questions with lecturers, and discussed the intelligent dual-engine technology in depth. Then, the vehicle media test drive provided everyone with the opportunity to personally experience Xingyue L and Xingrui L. Although the journey was not very long, it experienced urban expressways, urban roads and country trails. Xingrui L gave a fuel consumption of 4.2L per 100 kilometers, and SUV Xingyue L 4.3L also gave amazing fuel consumption values! Everyone is full of praise for the excellent performance and ultra-low fuel consumption of these two cars.

  In the "Kinkana Raceway Challenge" project, small racetracks including line acceleration, emergency braking, emergency lane change, U-bend and figure-eight turn are arranged, which tests the comprehensive handling of vehicles. . The power advantage of China Xingzhiqing’s dual flagship is fully demonstrated. From the straight line area starting from the track, drivers can instantly experience its violent acceleration ability.

  Compared with the traditional oil hybrid vehicle of the same class with self-priming engine and single-gear electric drive, China Star Intelligent Double Engine comes standard with a special hybrid 4-cylinder engine with a thermal efficiency of 44.26%, which can release 120kW maximum power and 255N·m maximum torque. Matching with 3-speed DHT intelligent frequency conversion electric drive and P1+P2 dual-motor drive, it can output power in parallel in full speed domain, with the maximum output torque at wheel end of 4920N·m and the torsion mass ratio of 41 N m/kg, and the maximum transmission efficiency reaches the highest in the world of 97.5%, with almost no energy loss, so that Xingrui L Zhiqing and Xingyue L Zhiqing have the lowest fuel consumption of 4 upgrades and 100 kilometers at the same level. Realize "low speed fuel saving, high efficiency in the middle section, high speed and energy", saving fuel and not saving power!

  Thanks to Geely’s most powerful intelligent manufacturing system, the most advanced intelligent technology ecology and the empowerment of CMA world-class architecture technology, China Star Intelligent Shuangqingtiansheng has its own excellent genes such as high value, high safety and high technology, which far exceeds its peers in performance, handling and safety, bringing users a driving experience comparable to that of a 500,000-class luxury car. In the "straight-line acceleration challenge" which best reflects the zero-speed acceleration performance, Xingrui L Zhiqing sprints 100 meters with the fastest 7-second-class zero-speed acceleration and the highest speed of 200km/h at the same level, showing excellent acceleration performance with extremely strong explosive force and extremely fast response speed.

  "Fast" but also "tough"! In the "Smart Engine S-bend Racing", Xingrui L Zhiqing has achieved 75.9km/h in the actual measurement, relying on the natural foundation endowed by CMA architecture, the leading wire-controlled chassis at the same level, the torsional stiffness of 29 000 N m/deg, and the steering assistance of ZF DP-EPS, which shows the top handling performance, driving stability and agility.

  On the basis of fast power and tough chassis, China Star Intelligent Double Engine also inherits the top-level safety performance development technology and experience endowed by the world-class CMA architecture. With high-standard passive safety design, rich active safety functions and all-round health and safety protection, it not only meets the five-star standard requirements of China C-NCAP, Europe E-NCAP and American IIHS, but also pursues the ultimate safety and promotes the safety to a brand-new and global height.

  To build everyone’s smart boutique car, China Star Intelligent Double Engine makes the high-value experience jump by one generation.

  Adhering to the concept of "building everyone’s smart boutique car", China Star Intelligent Double Engine leads the fuel car to a new generation with new design, new intelligence, new technology and new value. This time, Xingrui L Zhiqing will launch three versions: Nebula Edition, Xinghe Edition and Tiangong Edition, and Xingyue L Zhiqing will launch two versions: Xinghe Edition and Tiangong Edition, which will bring users a more valuable, smarter and more comfortable luxury experience and reshape the new benchmark of China fuel vehicle value.

  In terms of intelligence, China Xingzhiqing Double Flagship is equipped with Geely’s new generation Geely Galaxy OS 2.0 system and the leading Qualcomm Snapdragon 8155 chip, which integrates driving information, online real-time map, audio-visual entertainment and voice interconnection, scene customization and other functions, and can continuously expand OTA upgrade in all aspects, with simpler interface, richer functions and smoother use. The system also has the function of car machine customization, which allows users to customize the car machine or choose their own nine scene modes, such as waking up, goddess and children, to create a personalized car machine that conforms to their own usage habits and aesthetic interests; And intelligent AI voice interaction is adopted to automatically scan the Chinese words on the screen, and click can be simulated immediately in one sentence, realizing the interactive experience of what you can see and say and millisecond response, and raising the experience to a new height again. In addition, the "Super Brain" Star Smart Computing Center built by Geely provides intelligent network connection and intelligent driving support.

  As the flagship family car of China Star Intelligence, Xingrui L Zhiqing is comparable to a luxury B-class car in terms of size, power performance and working materials. It is equipped with 13.2-inch high-definition central control panel +10.2-inch full LCD instrument, 24.3-inch giant screen AR-HUD head-up display, L2-level intelligent driving auxiliary system, 540 transparent chassis and other rich scientific and technological configurations, as well as smart car advanced fragrance system and 12-speaker Harman Infinity audio system (including headrest).

  As the flagship SUV of China Xingzhiqing, Xingyue L Zhiqing is equally versatile. It is equipped with 12.3-inch digital LCD instrument+touch HD central control screen+touch HD passenger dedicated screen, 25.6-inch AR-HUD augmented reality head-up display system, L2 intelligent driving assistance system, etc. It can also be equipped with NOA intelligent pilot-assisted driving, which is rich and avant-garde, making users’ travel life more convenient and more quality.

  In the KOL sharing session, auto media teachers shared their views on Geely China Star family and their understanding of intelligent dual-engine technology. The generation of ultra-low fuel consumption is also analyzed in detail. Finally, all participants took a group photo with the guests to record this unforgettable moment.

  This activity gave participants an in-depth understanding of the Xingyue L and Xingrui L intelligent twin-engine Gemini of Geely China Star Family, and let everyone know that the performance of ultra-low fuel consumption is not accidental. More mature technology, better training and matching days make Geely unique in energy saving and consumption reduction. In the future, Geely China Star Family will continue to provide consumers with better products and services and make greater contributions to the development of the automobile industry.

  Power, control, space, safety, styling and intelligence are six high-value leaders, which makes China Star’s product value and market value climb all the way, and the cumulative total sales volume quickly exceeds 800,000 vehicles, creating a high-value era for fuel vehicles in China. Today, China Star Intelligent Double Engine will continue to adhere to the mission of "fighting for the high value of automobiles". With new experiences such as more advanced hybrid technology, smarter technological safety, more luxurious vehicle quality, and driving and control power with both performance and energy saving, it will make fuel vehicles leap to a new generation, fully open the era of China Star Intelligent Double Engine, and continue to lead the brand value upward.

Guangzhou Auto Show closed, welcoming 800,000 passengers for the first time.

  Original title: Guangzhou Auto Show closed, welcoming 800,000 passengers for the first time. The favorable policy and other effects appeared, driving the production and sales of Guangdong automobile industry to flourish.

Guangzhou Auto Show closed with 800,000 visitors _fororder_ WeChat pictures _20231127093548

Guangzhou Auto Show came to an end on 26th, and the popularity in the exhibition hall was high. Nanfang Daily reporter Wang Juntao photo

  On November 26th, the 21st Guangzhou International Automobile Exhibition, which lasted for 10 days, came to an end. The number of visitors exceeded 800,000 for the first time, reaching 847,000, an increase of 11.4% compared with 760,000 in 2019. At the same time, the organizing committee announced that the next auto show will be held from November 15th to 24th, 2024.

  On the closing day, due to the weekend, the exhibition ushered in a peak passenger flow, and many consumers rushed to place orders. Near the end of the year, the effects of new car listing, favorable policies and promotion of car companies are gradually emerging, and the automobile circulation is more "alive" and the automobile consumption is more "prosperous", which promotes the development of the automobile industry in terms of quantity and quality and injects new vitality into the high-quality development of Guangdong.

  Upward quality Intelligentization drives the change of consumption concept

  Guangzhou Auto Show is the last large-scale auto show in China this year. Around the year-end closing battle, major manufacturers have tried their best to increase terminal promotion and stimulate consumers’ enthusiasm of "buying in buy buy".

  BYD booth, the audience jostled shoulder to shoulder. In the exhibition area on the first floor, many people got into the new car and learned more about the control details such as intelligent driving from the staff. In the negotiation area on the second floor, staff members can talk with interested consumers everywhere. "BYD just cut the price again, and now it can be shot." Zhang Yi, a prospective car owner from Shunde, Foshan, said.

  With the accelerated transformation of automobiles to intelligence and electrification, the "wide goods" represented by BYD are favored by consumers. The data shows that BYD’s sales of new energy vehicles reached 1.86 million in 2022, and it is expected to exceed 3 million this year.

  At the same time, in order to meet the consumer’s mentality of "buying a car to go home for the New Year", the official selling prices announced by many first-time models are lower than market expectations, even lower than the previous generation models. For example, the delivery price of Polar Star 4 released during the Guangzhou Auto Show dropped by about 50,000 yuan compared with the price displayed at the Shanghai Auto Show in April.

  "The popularity of new energy vehicle booths is significantly higher than that of fuel vehicles, and the rise of domestic brands has triggered a change in consumption concepts." Zhou Fatao, secretary-general of Guangdong New Energy Automobile Industry Association, noticed during the exhibition that with the continuous improvement of domestic brands’ manufacturing power and strong competitiveness in vehicle design, core technology and service, the price-performance ratio of products has been steadily improved, and even differentiated competition has been formed with luxury cars. "But low price is not synonymous with low quality. The development of new energy automobile industry has been gradually scaled up, and the cost of bicycles is constantly decreasing, which has further opened up enterprises ‘ Price war ’ The space. "

  The technological advantages of new energy vehicles are being transformed into real money orders. The pre-sale of Zhijie S7 was opened for 4 days, and it was set to exceed 10,000 units; Haobo HT36 hours orders exceeded 10,000, and the cumulative orders exceeded 30,000 units … … During the auto show, major car companies released "transcripts" one after another, showing great enthusiasm of consumers. 

  Policy assistance Car sales are expected to hit a new high.

  As a mass consumption, automobile consumption is an important starting point for stabilizing the economy and promoting consumption at present.

  Just a few days ago, the general office of the provincial government issued "Several Measures to Further Boost and Expand Consumption in Guangdong Province", and put forward a number of measures to further promote automobile consumption. For example, Guangzhou and Shenzhen further relaxed the application qualification for car purchase indicators, and this year Guangzhou increased the quota of 50,000 unplanned energy-saving fuel vehicles.

  The introduction of a series of measures has further released the consumption potential. "Taking advantage of Guangzhou’s increase in energy-saving fuel vehicle indicators, I plan to buy a hybrid car, and I don’t have to worry about queuing for charging on the expressway when I return home." Mr. Liu from Jiujiang, Jiangxi Province went straight to GAC Toyota, and his "Heart Water" model was a hybrid version of Toyota Lei Ling.

  During the auto show, Feng Xingya, general manager of Guangzhou Automobile Group, said that the new energy vehicle market continued to grow this year. Among them, compared with pure electric vehicles, energy-saving vehicles such as extended range and plug-in have a faster growth rate. Facing the emerging market demand, GAC has long been laid out, and energy-saving and new energy vehicles are gradually becoming a new growth point of GAC Group’s business. In the first half of the year, the penetration rate of new energy vehicles reached 20.3%, and the total penetration rate of energy-saving and new energy vehicles was 38.7%, up by 16.4 and 24.6 percentage points respectively compared with 2020.

  The rise of energy-saving and new energy automobile industry is a microcosm of the high-quality development of Guangdong automobile industry. Driven by various consumption promotion policies, automobile marketing activities and a large number of new models, Guangdong’s automobile industry has shown a pattern of booming production and sales. According to the statistics of Guangdong Automobile Industry Association, this year is 1-mdash; In September, the production and sales of automobiles in the province were 3,558,100 and 3,504,300 respectively, up by 14.9% and 15.1% respectively.

  After years of continuous decline, car sales are expected to rebound and hit a new high this year. China automobile dealers association predicted that with the "Double Eleven" activities and the year-end sales of car companies and dealers in December, the domestic retail sales of passenger cars in 2023 is expected to be close to 22 million, achieving a 5% growth.

  Lin Jiang, a professor of economics at Lingnan College of Sun Yat-sen University, said that domestic brands seized opportunities such as intelligence and electrification in the changing situation, and let the outside world see the resilience and charm of Guangdong’s automobile industry. At the same time, good products, in turn, further promote automobile circulation and expand automobile consumption. The supply side and the demand side simultaneously exert their strength, influence each other and promote each other, which is of great significance for Guangdong to adhere to the manufacturing industry as the master and promote high-quality development. (Nanfang Daily reporter Yan Xiaoping Wei Yuquan)

Exclusive spoiler! What did Lectra 09 steal from Volvo?

How much blood relationship does Geely Link have with Volvo? This question has been a tacit question since Geely bought Volvo passenger cars. In recent years, Geely seems to emphasize the "kinship" with Volvo more and more in product announcement, such as the CMA platform and DriveE powertrain used by Xingrui (parameter picture), Xingyue L, Lectra 01 and other models.

But in the user’s mind, after all, it is still powershift, and it may be a bit far-fetched to say that Xingyue L is the replacement of XC60. And this Lingke 09 from SPA platform, which will be listed in the fourth quarter, can undoubtedly say with confidence: I am the shell replacement of XC90.

We don’t need to say much about the internal and external design, materials and intelligent configuration of the Lectra 09. Everyone can see these things. As the flagship of Lectra, Geely will never let us down in this respect. Today, we will focus on talking about what unique attributes Volvo SPA platform has given Link 09 in three major areas.

Volvo SPA Extensible Architecture Technology

Volvo SPA scalable architecture technology was first applied on XC90, and it was also from the new generation XC90(2015 model) that Volvo began to fully expand the diversified powertrain of Drive E series. In fact, the platform only gave birth to Volvo’s mid-to high-end SUVs, cars and station wagons, which laid the unique positioning of the brand flagship from the bloodline.

Drive E powertrain: inverted layout, compatible with exhaust gas turbine+mechanical pressurization.

Of course, the powertrain is the first to bear the brunt. In fact, this is not the first of the Lectra 09. The active Xingrui, Xingyue, Lectra 01, etc. are all "stealing" from Volvo in a large area, including this Drive E engine that originated from the SPA platform, but it has always been a T-series version.

48V light mixing system (BMW)

According to the official introduction, the 2.0T+8AT powertrain used in the fuel version of Lectra 09, like the new XC90 and XC60, adds a 48V light mixing system, which is a serious "B series" Drive E. The author has always insisted that the 48V light mixing based on the radial flux motor (BSG) motor is of little significance to fuel economy, but at least in hardware, the Lectra 09 is really a complete replica of the Volvo XC90.

In addition, the Lectra 09 continues to offer a 2.0T plug-in hybrid version, which also "steals" Volvo, and uses the Drive E series T8 power system with a high probability to provide power for the rear wheels through the P4 bridge. However, the official has not released the specific data for the time being, and it is not clear whether its front axle uses a 2.0T T6 engine (turbo+mechanical double pressurization).

The front/rear independent T8 system can only be mixed.

The 2.0T hybrid version of petrol-electric vehicle is a new gadget created by Lectra 09. Volvo T8 plug-in hybrid system can’t be "magic change" into a hybrid system of petrol-electric vehicle, because the P4 bridge is not in P2 layout, and the front/rear axle power systems do not interfere with each other, so it is impossible to achieve effective electromechanical coupling, which is essentially different from Toyota THS and BYD DM-I.

Aisin 8AT is not compatible with P2 oil-electricity hybrid.

In fact, the announcement for the hybrid version of Lectra 09 only emphasized the 2.0T engine, and kept silent about the Aisin 8AT transmission. The core reason is that the horizontal Aisin 8AT is not compatible with the P2 hybrid module at all. With the current technical reserve of Geely Volvo, it is impossible to build a planetary gear transmission with integrated motors in a short time. Personally, I guess that the hybrid version of Lectra 09 will probably use a 7-speed powershift with P2 layout.

The blade spring rear damping of XC90

Link 09 rear suspension

Finally, the chassis system, which is the most significant difference between SPA and CMA, is also the original creation of Volvo. XC90, S90 and Lectra 09, which originated from SPA platform, all use lightweight aluminum alloy lower swing arm, and are equipped with the combination of leaf spring and damping shock absorber. This thing has the function of a stabilizer bar, and it may be that Lectra 09 will also make a version of an air shock absorber.

● Summary:

As the flagship SUV of the Lectra brand, Geely Automobile really invested heavily in this Lectra 09, which not only inherited the original power chassis system of XC90, but also introduced a more compatible hybrid version of oil and electricity from more innovative. These are the core technologies that are not available in Xingrui and Xingyue of CMA platform.

From the user’s point of view, the Lectra 09 is a medium and large SUV with 6 seats /7 seats, and its price is likely to be controlled at around 300,000, regardless of the hard power of the three pieces or the static experience of the product. Isn’t this thing better than Toyota Highlander and Volkswagen at the same price?

The 2018 World Artificial Intelligence Conference launched a high-end dialogue on smart cities, and provinces and cities accelerated the construction of pilot cities | Smart City Weekly

Original title: 2018 World Artificial Intelligence Conference launched a high-end dialogue on smart cities, and provinces and cities accelerated the construction of pilot cities | Smart City Weekly

On September 18th, the 2018 World Artificial Intelligence Conference and Edge Intelligence Theme Forum was held in Shanghai. The theme of the forum was "Edge Computing, Smart Future" and it was one of the important theme forums of the 2018 World Artificial Intelligence Conference.

Yu Kai, founder and CEO of Horizon, stressed in his speech that human beings are moving from the era of big data to the era of big computing, and the trend of edge computing is the result of the global Internet technology trend "long-term integration and long-term separation".

"In the PC era, all calculations are on computers, not local calculations. With the development of the Internet, data is increasingly transferred to the cloud and the center, and computing is slowly concentrated from the edge to the cloud. From the beginning of the mobile Internet to the arrival of the Internet of Things era, we have gradually seen another trend-more computing has migrated from the center to the edge. "

At the same time, he also predicted that by 2025, the computing power that every thousand dollars can buy is equivalent to 1000 T, which is enough to support the computing needs of five-level driverless driving. If we continue to develop the matching software system based on this, it is predicted that by 2030, the real five-level unmanned driving will become possible. The interesting thing about the technological trend is that the computing power of 1000 T’s is just equal to that of human brain, which is also a development result worth pondering. (Source: Lei Feng Net)

Shenzhen-Shantou Special Cooperation Zone may become a pilot project for the construction of smart cities.

As the "10+1" zone in Shenzhen, the Shenzhen-Shantou Special Cooperation Zone has always been concerned by the outside world. At the two sessions of Guangdong Province held at the beginning of this year, the Guangdong Provincial Committee of the Agricultural Workers’ Party put forward the Proposal on Accelerating the Integrated Development of Shenzhen-Shantou Special Cooperation Zone and Shenzhen. The reporter was informed that the Shenzhen Municipal Government recently responded to the proposal, revealing that it will speed up the establishment of a rapid transportation network in Shenzhen and Shantou, and create an innovative experimental zone in the "enclave" of the cooperation zone in the fields of smart city construction, marine management, talent management and institutional reform, so as to promote the integrated development of the "10+1" zone and Shenzhen.

It is understood that according to the "Adjustment Plan of System and Mechanism of Shenzhen-Shantou Special Cooperation Zone" approved by the Guangdong Provincial Party Committee and the provincial government, it clearly supports the recent construction of a high-speed railway with a speed of 350 kilometers per hour in the Shenzhen-Shenzhen special cooperation zone (hereinafter referred to as "Shenzhen-Shantou Railway"). In its reply, the municipal government revealed that Shenzhen has proposed the Shenzhen-Shantou Railway Station (Xili-Pingshan-Huizhou-Cooperation Zone, which connects with the Guangzhou-Shantou Railway at the Shenzhen-Shantou Station in the Cooperation Zone). The initial planned length of the line is about 130 kilometers, and the investment is estimated at 23.5 billion yuan. At present, the Provincial Development and Reform Commission has entrusted the design unit to carry out the pre-feasibility study of the project. (Source: Shenzhen Business Daily)

The automatic parking service technology jointly developed by Daimler and Bosch is based on the L4 stage of automatic driving, but it has little requirements for the whole vehicle and sensors, so it is a black technology with universal value. To some extent, Bosch, as a supplier, will be the biggest beneficiary, but Mercedes-Benz must be the leader of this technology.

Chen Ming, president of Bosch Intelligent Networking Division in China, said: "The automatic parking service technology jointly developed by Bosch and Daimler is another effort made by both parties towards intelligent and connected transportation in the future. This new technology will make traditional manual parking a thing of the past, helping drivers save parking time and relieve anxiety. "

It is worth noting that this technology has low requirements on the vehicle itself and sensors, which on the one hand reduces the use cost of the owner, and consumers do not need to pay for too many sensors. On the other hand, it is more convenient to calculate when multiple vehicles use the automatic parking service system at the same time, so as to reduce the accident probability. (Source: Travel Finance)

On September 12th, the unveiling ceremony of the Key Laboratory of Smart City Modeling, Simulation and Intelligent Technology of China Electric Power Branch and the first meeting of the academic committee were held in the Wisdom Institute, marking the official establishment of the Key Laboratory of Smart City Modeling, Simulation and Intelligent Technology of China Electronics Technology Group Co., Ltd. This is another important achievement in the construction of a new smart city in China Electric Examination Banner.

Relying on the construction and operation of Smart City Modeling, Simulation and Intelligent Technology Laboratory of China Electric Power Department, facing the great demand of the country and the group in the field of new smart city construction and management services, aiming at leading the future urban development concept, driving the application of urban data fusion and improving the application level of urban wisdom, the key laboratory conducts new concept research, new technology research and new application transformation around the two major directions of urban modeling, simulation and urban intelligent technology, and strives to build a city-level simulation deduction platform and a perception and cognition platform to support the formation and promotion of "urban hub".

The Key Laboratory consists of the Urban Modeling and Simulation Research Center and the Urban Intelligent Technology Research Center. It has a professional research team of nearly 30 people, bringing together talents from many disciplines in smart cities. The overall research team has a reasonable structure, clear levels and certain innovation ability. In terms of scientific research projects, the laboratory participated in the national key R&D plan, the National Natural Science Foundation of China, the special action of the new generation artificial intelligence of China Electric Power Department, the science and technology application demonstration of Shenzhen Science and Technology Commission, and the open fund project of big data national engineering laboratory, etc. In terms of practical exploration, the laboratory participated in the smart city planning of xiong’an new area through the group, and studied and practiced the smart community construction, smart transportation construction and government big data analysis in Futian, Shenzhen, striving to practice the concept of "city laboratory". (Source: National Bureau of Science, Technology and Industry for National Defense)

On September 17, Siemens signed an agreement with Jiangsu Wisdom Xinwu Information Technology Co., Ltd. under the witness of the leaders of Wuxi Xinwu District to cooperate in the field of smart cities. According to the agreement, Siemens plans to provide 100 embedded urban IOT terminals (ECB) for Wuxi Xinwu District within five years, which will be used to collect urban data, sense the basic environment and traffic flow. In addition, Siemens also participated in the "2018 World Internet of Things Expo" held in Wuxi from September 15 to 18, and exhibited its advanced technology in the fields of industrial Internet of Things and urban Internet of Things.

"Siemens is committed to providing digital solutions for the sustainable development of cities, with a complete IoT business model from consulting, hardware implementation, data analysis to industrial cloud." Dr. Zhu Xiaoxun, Executive Vice President of Siemens (China) Co., Ltd. and Dean of Siemens China Research Institute, said, "With advanced intelligent sensing and edge computing technology, Siemens will actively integrate into Wuxi’s urban construction in the field of Internet of Things to help Wuxi become a world-class smart city." (Source: Sohu Technology)

Recently, Ant Financial launched the "Digital Economy China Tour internet plus Public Transport Visit", and took the No.113 bus in Hangzhou, from Rainbow City Station to Baby Lane Station, which was 14 minutes faster than taking the subway under normal driving conditions; At the subway station of Shanghai South Railway Station, users can not only use Metro Metropolitan APP to scan the code for payment, but also use voice to purchase tickets.

Support buses and subways to achieve smart travel. Ant Financial uses big data to reconstruct bus operation capabilities, realize two-way interaction with users, and realize digital travel in smart cities.

Jin Tao, director of Shanghai Shentong Metro Group Rail Transit Information Management Center, said that Ali and Ant Financial helped Shanghai Metro successfully resolve two super cyber attacks. Non-inductive payment and palm recognition are the research directions of the two sides on the future payment methods of public transportation. Metro Metropolitan APP will be combined with cloud ticketing to provide passengers with a variety of payment channels to use at will and improve services. For Shanghai Metro, Metro Metropolis APP is the entrance to urban life, which means changing "passengers" into "users", changing "subway ride" into "Internet travel" and upgrading subway service into "O2O life". It is reported that Shanghai Metro is working with some bicycle companies to study the Internet travel mode and the co-governance of bicycle environment around subway stations. It is expected to take the lead in realizing the demonstration operation of subways and bicycles before the opening of the first China International Import Expo by using Metro Metropolitan APP. (Source: Xinhuanet)

On the morning of September 18th, the 2018 World Artificial Intelligence Conference launched a high-end dialogue on international smart cities. City representatives from all over the world spoke freely, shared successful experiences, discussed the trend of global cooperation, and looked forward to the bright future of smart city construction.

How many elements does a smart city need? Wu Zhiqiang, academician of China Academy of Engineering and vice president of Tongji University, summed up four "meetings". He pointed out that smart cities should be able to perceive, judge, reflect and learn. Smart cities should serve people and people’s urban life, such as medical care, schooling, employment, transportation, culture, etc.-everyone should participate and serve. (Source: Dongfang. com)

Recently, the second Beijing-Tianjin-Hebei Service Outsourcing Collaborative Development Forum "Smart City and the Development of Main Urban Area" sub-forum was held in arcadia Hotel. The purpose of this forum is to publicize and promote the new image of the investment environment in the harbor area, boost the new engine of industrial development in the harbor area, discuss new opportunities for service outsourcing development with more than 100 business representatives, discuss friendship and discuss cooperation.

Feng Guolin, member of the Standing Committee of the Municipal Party Committee and Secretary of the District Party Committee, attended the event and delivered a speech.

Chen Yanbao, deputy director of the Provincial Department of Commerce, and Feng Zhiyong, deputy mayor, attended the signing ceremony, and Yin Hong, member of the Standing Committee of the District Party Committee and executive deputy head of the district, attended the event.

During the activity, the guests watched the propaganda film "Rhyme of the Harbor" together. Tian Xueqing, member of the Standing Committee of the District Party Committee and deputy head of the district, signed strategic cooperation agreements with representatives of Petrochemical Yingke Information Technology Co., Ltd., Beijing Aerospace Titan Technology Co., Ltd. and Beijing Jinshan Safety Management System Technology Co., Ltd. on behalf of the people’s government of Haigang District. Hebei Softcom Power Information Technology Co., Ltd. signed a cooperation agreement with Yanshan University National University Science Park. (Source: Hebei Provincial People’s Government website)

Recently, the public service version of urban brain and intelligent transportation jointly launched by Gaode Map and Alibaba Cloud was unveiled at the 2018 Hangzhou Yunqi Conference. Dong Zhenning, vice president of Gaode Map, said at the conference that the urban brain aims to achieve the optimization of urban traffic efficiency through the "Tao" of wisdom and the "technique" of calculation, so as to achieve a beautiful vision of smart traffic life.

At the same time, in addition, Gaode Map announced the driving behavior risk index for the first time at the Yunqi Conference. In the future, the index will be applied to urban brain-smart transportation to serve road traffic safety.

At present, the urban brain faces difficulties and challenges in data aggregation, fusion and calculation, and it encounters bottlenecks in achieving accurate management and control. Mainly manifested in: there are defects in data quality, and the signal control system that has been developed for nearly 30 years still has shortcomings and deficiencies in traffic flow collection; The storage computing power needs to be solved urgently, which is manifested in the lack of ability to store the returned unstructured image data and calculate it effectively; The wisdom of data engineers, traffic management business backbones, traffic engineering basic theory and application experts needs to be integrated urgently, so that the developed algorithm can be put into practical application. (Source: techweb)

During the World Artificial Intelligence Conference in Shanghai, Horizon, an artificial intelligence startup with embedded artificial intelligence technology, announced that it had settled in Shanghai Lingang and formally signed a contract with Shanghai Lingang Development and Construction Management Committee.

According to reports, Shanghai is one of the most modern cities in China, and the richness of application scenarios and the demand for intelligence are at the forefront of big cities. Horizon firmly believes that the application scenario of artificial intelligence processor has broad prospects in Shanghai. Previously, Horizon has participated in the Lingang Haichang Park project to help the comprehensive management of smart security, intelligent transportation and smart cities.

When it settled in Lingang this time, Horizon expressed its hope to promote the landing of artificial intelligence in various application scenarios in Lingang through AI underlying computing, and further promote the landing application of edge computing in the field of urban intelligence. (Source: Netease Intelligence)

Recently, sponsored by Chengdu Municipal People’s Government, Chengdu Investment Promotion Committee and jinniu district Municipal People’s Government jointly hosted the "New Economy and New Kinetic Energy" Chengdu Smart City Development Investment Promotion Conference, which was held in Chengdu. Representatives from more than 80 well-known new economic enterprises and financial institutions from all over the country gathered together to seek opportunities for cooperation and create a better future.

The meeting also held a centralized signing ceremony for major projects, and the Sri Lankan Investment Promotion Office in China officially signed a contract to settle in jinniu district, which will build a bridge between Chengdu, China and South Asia to develop economy and trade, further strengthen the economic and trade exchanges between Jinniu and South Asia, and in the future, Jinniu will cooperate more closely with South Asia to write a new chapter in the international trade of Jinniu South Asia.

In addition, seven major industrial projects, such as Moban Science and Technology West Operation Center Project, Tiantie Industrial West Operation Center Project, Shanyouke New Retail Project and Zotye Time-sharing West Operation Center Project, have been signed with the jinniu district Municipal Government, with a total investment of 6.1 billion yuan. (Source: People’s Daily Online)

On the morning of September 20th, the press conference of the smart life convenience service platform "Nehe on the Code" was officially launched.

The project of "Nehe River in Code" is an Internet-based reform that benefits urban and rural social public services. Through the cooperation with Qiqihar Branch of China Construction Bank, the online business of government services and public services can be realized, which can make people run less errands and more data, and make enterprises and people more convenient, faster and more efficient. "Nehe on the Code" will also be stationed in various businesses covering cities and villages such as catering and retail, and create an integrated Internet business circle for local businesses to facilitate people’s lives. At the same time, it will also build a credit integrity system integrating urban and rural areas, and develop HP financial services such as credit loans and credit purchases.

The "Nehe River on the Code" project includes four business segments: smart government service, smart public service, smart business service and smart financial service. The "Nehe River on the Code" project was launched in three phases. On September 15, 2018, six businesses in the first phase of the "Nehe on the Code" project, such as collecting party fees, China Unicom, mobile phone bills, traffic violation fines and kindergarten fees, were officially put into operation. It marks the official operation of the "Nehe River on the Code" project. (Source: People’s Daily Online)

On September 20th, China’s first comprehensive exposition with the theme of digital economy-"2018 International Digital Economy Expo" officially kicked off in Shijiazhuang. As one of the important activities of this Expo, the "2018 Smart City and Digital Economy Summit" attracted more than 500 participants. Focusing on the theme of "gathering industrial ecology and sharing the future of the city", this summit invited representatives from government, production, learning and research institutions.

Ma Shujie, Secretary-General of China Smart City Industry and Technology Innovation Strategic Alliance, Ye Yuping, Member of China Digital Economy committee of 100, Dean of Softcom Power Innovation Research Institute, Yao Jiankui, Chief Engineer of Huawei BG China Smart City Research Institute, Wei Yongsen, Chief Technology Officer of Inspur Group Smart City Research Institute, Liang Manchun, Assistant Dean of Tsinghua University Public Security Research Institute, Yin Qinghua, Vice President of Taihua Smart Industry Group, Weng Nandao, Chairman of Ego Group and other expert leaders attended the forum. (Source: Great Wall Network)

The launch conference of "Changde Express Loan" was held in Changde City, Hunan Province. Chen Huiqing, member of the Standing Committee of Changde Municipal Committee and executive deputy mayor, Li Qin, director of Hunan Rural Credit Union, Tang Xixin, party secretary and director of Changde E-government Office, Lu Hua, chairman of Changde Rural Commercial Bank, and Zhang Youguo, senior vice president of Iflytek Co., Ltd. and other leaders attended the conference. More than 300 people attended the conference, including the Finance Office of Changde Municipal Government, the Municipal Development and Reform Commission, the Municipal Economic and Information Committee, Changde Central Branch of the People’s Bank of China, Changde Banking Supervision Branch, heads of district governments and news media.

"Changde Express Loan" has made remarkable achievements since its trial operation on August 8. As of September 19th, "Changde Express Loan" has received loan applications from 20,085 customers, with a total signed credit of 481.71 million yuan and a total credit of 202.06 million yuan. Among the 20085 applicants, there are 11428, accounting for 56.89%. 1552 small and micro customers, accounting for 7.73%; There are 7,105 public officials, private enterprise employees and VIP customers, accounting for 35.38%. The success of "Changde Quick Loan" has also promoted the innovation of smart city applications such as "My Changde" and government big data, and achieved the synergistic effect of "1+1+1>3". (Source: People’s Daily Online)

Xu Jiayin is going to build a super-run, Baiteng no longer has the position of president, and Xpeng Motors has increased its price | Weekly of New Forces for Building Cars.

  Guoneng established a joint venture with Koenigsegg, Weilai planned to issue 650 million US dollars of convertible bonds, Weimar signed a cooperation with Meituan by taxi, Baiteng announced that it would no longer set up the post of president, and the price of Tucki G3 increased by 20,000-34,000 yuan.

  Guoneng establishes joint venture with Koenigsegg.

  On January 29th, US time, Koenigsegg Automotive AB, a Swedish supercar company, sold 20% of its shares to NEVS. NEVS, a Swedish electric vehicle company controlled by Evergrande, acquired Saab in 2012.

  Recently, Evergrande invested US$ 172 million to establish a joint venture with Koenigsegg, in which Guoneng Electric Vehicle Sweden Co., Ltd., a subsidiary of Evergrande, holds 65% and Koenigsegg holds 35%.

  Christian Von Koenigsegg, CEO of Koenigsegg, said: "Koenigsegg is using our unique technology to explore new areas and explore and develop new products. This partnership will create excellent conditions for the development of the Koenigsegg supercar market, and at the same time enable us to enter an undeveloped market together with NEVS. "

  On the same day, Koenigsegg announced that Guoneng Electric Vehicle will set up a joint venture with it to produce cars by using the Saab automobile factory previously acquired by Guoneng Automobile. Guoneng Automobile will invest 150 million euros (US$ 172 million) in Koenigsegg.

  Weilai plans to issue $650 million convertible bonds.

  On January 30th, Weilai issued $650 million in convertible bonds.

  Convertible bonds are a cheaper financing method, because coupon rate is low, and bondholders can choose to convert bonds into company stocks at a set price in the future. This stock mechanism provides investors with fixed income and is expected to profit from the rise of the issuer’s share price.

  Bank of America Merrill Lynch, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, JPMorgan Chase, Morgan Stanley and UBS are the joint bookkeepers of the transaction.

  Wei Lai said that according to market and other conditions, it is planned to issue convertible bonds due in 2024 with a total amount of 650 million US dollars. The company intends to grant first-time bond buyers a 30-day option to purchase up to an additional $100 million in bonds.

  The proceeds from the sale of convertible bonds are planned to pay for cost-limited call transactions and zero-strike call option transactions, while the remaining funds will continue to be used for research and development of products, services and technologies, production facilities and promotion of supply chain, sales and marketing and other working capital needs.

  As one of Weilai’s shareholders, Tencent Holdings Limited and Gaoyao Capital Management Limited are expected to purchase convertible bonds of up to US$ 30 million and US$ 10 million respectively.

  Weilai issued a statement saying that the convertible bonds issued this time are priority bills. It can be converted into American Depositary Receipts (ADSs) of the company, which will expire on February 1, 2024, and it is stipulated that unless certain events happen in the company, the purchaser shall not repurchase, redeem or convert according to its terms before this date, and the company shall not redeem the notes in advance.

  At the same time, it is stated that under certain conditions of the enterprise, the bill holder can ask the company to buy back all or part of the bill in cash, and the bill holder can convert his bill according to his option from the second business day before receiving the redemption due date.

  After the conversion, the company will deliver ADSs to the converted holder and pay cash instead of interest rate. The interest rate, initial conversion rate and other terms of the bond will be determined at the time of pricing.

  Weimar and Meituan signed cooperation by taxi

  On January 30th, Weimar Automobile and Meituan took a taxi to reach a strategic cooperation. This cooperation has built a perfect new retail system, covering many consumption scenarios including car purchase, car use and car rental.

  In this regard, Meituan said that Meituan taxi and Weimar have already started cooperation in Shanghai. Since January 21st, Meituan taxi users in Shanghai have been able to hit the cooperative Weimar car. This cooperation is the first time that Meituan has taken a taxi to join hands with a car host manufacturer, and the two sides will jointly explore a better user travel experience.

  Since 2018, the travel brand of Weimar Automobile, namely Guest Bank, has gradually begun to lay out travel services including public charging, urban shared car rental, travel shared car rental and online car rental. Through this cooperation, Weimar Automobile introduced its first mass-produced pure electric SUV EX5 to Meituan taxi platform, trying to introduce new retail into the online car consumption scene.

  Meituan taxis open up traffic, big data and product operation capabilities, provide users with connections, and pre-position Weimar cars from low-frequency new retail experience links to users’ high-frequency daily travel scenarios.

  Baiteng announced that he would no longer set up the post of president.

  On January 29th, Baiteng Automobile announced the latest resolution of the board of directors on the adjustment of corporate governance structure.

  The company will set up the positions of chairman and CEO, instead of the position of president. The chairman will be Dr. Carsten Breitfeld and the CEO will be Dr. Dr. Daniel Kirchert.

  As the co-founders of the company, Dr. Bi Fukang and Dr. Daniel Kirchert will work closely together to lead the company’s strategy formulation and achieve this year’s core goal, that is, to achieve the high-quality mass production of the first pure electric SUV Batten M-Byte as planned. The appointment takes effect from now on.

  Under the new corporate governance structure, the chairman’s main responsibilities are to coordinate all shareholders to support the company’s development, preside over the formulation of medium and long-term business development plans and product strategies, and preside over board meetings and shareholders’ meetings; The main responsibility of the CEO is to preside over the daily operation of the company and implement the decisions of the board of directors.

  The price of Tucki G3 increased by 20,000-34,000 yuan.

  According to the official news of Xpeng Motors, the price of Xpeng Motors G3 after subsidy has been adjusted from February 1st, and the unified price after subsidy has been adjusted from 135,800 to 165,800 yuan to 155,800 to 199,800 yuan. The price increase range is 20,000-34,000 yuan.

  Tucki G3 is positioned as a pure electric compact SUV, equipped with a permanent magnet synchronous motor with a total power of 145kW, and uses ternary lithium battery as the driving power supply. According to official information, the 0-50km/h acceleration time of Tucki G3 is 3.7 seconds, the cruising range of constant speed is 550km, and the cruising range of NEDC is 365km.

  At the same time, Xpeng Motors has also made great efforts to lay out infrastructure such as charging stations. By the end of 2018, Xpeng Motors has signed contracts to lay out more than 100 charging infrastructure facilities called "super charging stations" in more than 10 first-and second-tier cities such as Beishangguangshenhang.

This article first appeared on WeChat WeChat official account: auto business review. The content of the article belongs to the author’s personal opinion and does not represent Hexun.com’s position. Investors should operate accordingly, at their own risk.

(Editor: HN666)

Investors and analysts are cautiously optimistic about the listing of extreme US stocks seeking a valuation equivalent to Weilai Automobile.

  China’s rapidly rising new car-making companies are in the fiercest market competition, which makes them more motivated to seek rapid landing in the capital market. The latest one is Krypton, which has just been established for two years.

  If the IPO is successful, Krypton will be the fastest start-up car company established and listed. At present, the China Securities Regulatory Commission has confirmed the filing information of Krypton’s listing outside the United States, and Krypton also started a roadshow three weeks ago to test investors’ reaction.

  If it goes well, this IPO with a financing scale of over US$ 1 billion will become the largest IPO of China companies in the United States since Didi raised US$ 4.4 billion in mid-2021.

  A number of investors told the interface news that there is a great possibility of successful listing.Even when the capital is the most active, it takes the shortest time to build a car.It also took four years.

  A person close to the investor of Krypton roadshow told the interface news that Krypton has not yet negotiated with domestic and Hong Kong investment institutions, and the focus is still on overseas investors. As of the beginning of September, Krypton has held water testing meetings with some investment institutions in Singapore and Europe.

  Judging from the preliminary negotiation results, Krypton hopes to get a valuation of $18 billion, which is equivalent to the current US stock market value of Auto, whose latest market value has reached $18.274 billion.

  Several industry investors told Interface News that this valuation was higher than expected. For reference, the acquisition of shares of Volkswagen GroupThe latest market value after the stock price soared was $15.8 billion. In February this year, the post-investment valuation of Krypton Pre-A financing was $13 billion.

  Considering that it is still in the early stage of intentional communication, there will still be room for downward adjustment in the offer to investors.

  In recent years, more and more traditional automobile manufacturers in China have established brand-new electric brands, launched independent teams and new products equipped with the latest technology. They are eager to occupy the global pure electric vehicle market and pursue success in the long-term capital market.

  Extreme krypton isIts pure electric brand is also one of the new brands of traditional automobile companies that are closest to IPO at present. At the same time, it is reported that Ai ‘an, a sub-brand of GAC, may be listed before the end of the year.

  Krypton is likely to become another China automobile company to land in the US stock market. It has been three years since Tucki was successfully listed on the NYSE, and it is the last new China car-making force to land on the US stock market.

  It must be admitted that at present, Krypton wants to get a market valuation equivalent to the next "Wei Xiaoli", and the difficulty coefficient doubles.The environment in which it is listed in the US stock market is completely different from the active period of the capital market, and the enthusiasm of investors for the reform of the automobile industry has gradually cooled down.

  The craze for China companies to go public in the United States began in the 1990s, and the China electric vehicle startup "Wei Xiaoli" with Internet genes also relied on the east wind at that time.After ringing the bell, it gradually grew into China’s headCar company.

  This close capital cooperation relationship between China and the United States changed at the end of 2020. Subject to enhanced regulatory review, extremely high inflation and risingIn the past two years, the number of Chinese stocks listed on the US stock market and the scale of fund-raising have dropped sharply.

  The closure of the listing window in the United States has limited the financing of some start-up electric vehicle brands to some extent, but it has not prevented the China automobile industry from completing the alternation of the old and new order. At present, about one car in every three cars sold in China is a car, except for thisExcept, all the other best-selling models are China brands.

  The new force of making cars is no longer the only protagonist in the automobile market. Traditional automobile manufacturers in China have hatched brand-new electric brands one after another, and participated in the competition with the mentality and urgency of start-up companies and the talent structure similar to that of technology companies.

  These new energy sub-brands also hope to win the favor of investors. This can not only ensure that it has sufficient funds to cope with the subsequent market competition, but also reduce the cost burden of the parent company in the transformation of new energy.

  After the financing fever of electric vehicle start-ups peaked in 2021, the Federal Reserve continued to raise interest rates to fight inflation in 2022, and the borrowing cost rose sharply. Wall StreetIssuance, bond financing and corporate merger have all slowed down to almost exhaustion.

  Although the rising cost of capital is also impacting speculative enterprises in other fields, capital-intensive electric vehicle startups have been hit harder.

  The cost of establishing a new automobile manufacturing enterprise is high in the early stage, and it will take several years to make a profit. Investors are willing to pay a premium for potential high returns in the era of hot money, but those days are gone forever.

  Investment bankers, lawyers and investors believe that although there have been signs of recovery this year and the market has gradually rebounded, it is unlikely that the US IPO market will return to the level of 2020 and 2021. Start-ups need to re-adapt to the new investor mentality, that is, pay attention to the potential of start-ups to achieve profitability, rather than the ability to achieve rapid growth.

  Gui Lingfeng, director of Kearney Consulting, told Interface News that the US capital market still has reservations about emerging projects such as China Stock Exchange, including Krypton, and vehicle manufacturers that only provide pure electric vehicles.

  "The layout of Krypton in Europe is not easy, especially in German-speaking areas. The core is to enhance the sense of existence in front of overseas investors as soon as possible. From this perspective, they themselves realize that overseas investors are more conservative about their own business models, products and prospects. "

  Judging from the valuation model, Krypton is still regarded by investors as a technology-based enterprise, not a traditional automobile manufacturer.An industry insider who asked for anonymity pointed out in an interview with Interface News that the current valuation of krypton in the industry is based on 2 to 3 times the sales rate.

  "From the perspective of open market information, the sales rate of 2 to 3 times has actually been placed in the’ first echelon’, and the valuation prospects are more promising." After the extrusion of the high valuation bubble, the marketing rate of "Wei Xiaoli" has also dropped from the high level of more than 20 times in the past to 2 to 4 times.

  In contrast, the median sales-to-sales ratio of auto companies listed in the US stock market is 0.81. Traditional automobile manufacturers Toyota, Honda, Stellantis and Krypton’s parent company all have sales rates below 1 times.

  Market-to-sales ratio (PS) is often used to measure the valuation of unprofitable high-growth start-ups, which refers to how much investors are willing to pay for the company’s revenue of one yuan.

  For the unprofitable extreme krypton and new car-making forces, the core of investors’ evaluation of market value is not the income from car sales, but largely depends on the future software charges with higher marginal benefits, technology output and imaginative autonomous driving market prospects.

  The particularity of Krypton lies in that it is a China electric vehicle brand that is separated from the traditional automobile company and seeks independent listing.Although the capital market prefers completely independent new brands without burdens, relying on it, Krypton will amortize the platform R&D investment and capital expenditure together with other Geely brands. This is an extremely advantageous advantage, or let the polar krypton present.The data is optimistic.

  It is worth noting that Geely Group has the largest number of sub-brands in the world.

  "Investors will look at it rationally, and whether the R&D and supply and procurement costs of extreme krypton can be reflected in the gross profit of the financial report through the scale advantage of Geely Automobile.Statistically. "

  Gui Lingfeng told the interface news, including how exclusive the vast architecture of SEA can be, and the strategic investors.How much support is given to Krypton will affect the final valuation of Krypton.

  If Krypton chooses to postpone its listing for one to two years, it will be more likely to obtain a larger financing amount and valuation.The above-mentioned insiders believe that as the Fed starts to cut interest rates again in the next 1-2 years, it will drive the secondary market to increase its enthusiasm. From the market fundamentals, the volatility of the US stock market declined, inflation eased, and investors began to speculate again.

  Considering its own financial situation and subsequent development, Krypton hopes to seize the market recovery period as soon as possible and rebound with the market trend.In the first half of this year, the net loss of krypton reached 809 million yuan, which continued to expand compared with the loss of 759 million yuan in the same period of last year. From the construction of offline channels to the completion of the cockpit and the short board of intelligent driving, it is necessary to continue to invest money.

  Including from within Geely Group, there is a growing demand for Krypton’s self-financing and independence. Due to the pressure on profitability in the early stage of new energy transformation and the related investment in the start-up business of extremely high-end smart electric vehicles, global rating agenciesandThe credit outlook of Geely Holding Company and Geely Automobile has been adjusted from stable to negative.

  During the quiet period of the capital market, many start-ups were forced to do things that seemed unimaginable two years ago: continue to reduce costs and increase efficiency, with profitability as the core benchmark. Some start-ups that failed to get external financing support in time, with the passage of time, their cash reserves are decreasing day by day, and eventually they will go bankrupt or be acquired.

  Compared with the competition for customers, automobile manufacturing is more a competition for capital, especially in the initial stage.Compared with other traditional automobile companies’ sub-brands, Krypton is one of the few companies that have the mature conditions for listing.

  At present, Krypton has initially taken shape. Last year, the annual sales volume of 70,000 single-model vehicles was enough to tell the next story to the capital market. the year of 2020At the time of listing, the annual delivery volume was 32,600 vehicles.

  Another factor that is easily overlooked is that Geely Automobile, the parent company, may be the most adept at capital operation in China, and its experience in dealing with foreign investment institutions for many years has laid the foundation for the listing of US stocks today. Krypton considered Hong Kong as the first listing place, but finally chose new york, which also reflected its confidence and ambition-hoping to get a higher valuation in the world’s largest capital market.

  In 2010, Geely Automobile succeeded fromThe acquisition of Volvo in the hands staged a classic of "snake swallowing elephant" in the history of automobiles.The case also made Geely Automobile go to the world. After that, the investment portfolio of Li Shufu, chairman of Geely Holding Group, also includes a part of the equity of aston martin, a sports car brand, and a dominant interest in electric vehicle start-up brands such as Polar Star and Lotus Technology.

  Before the successful listing of Krypton, Li Shufu had been listed for several subsidiaries in the past two years. Volvo in Stockholm, Sweden in 2021The exchange made a public offering, followed by Polar Star and Yijiatong. Lotus Technology also reported this year that it will be listed on the US stock market through SPAC.

  The investment institutions involved in the above-mentioned listing actions are very likely to appear in the extremely kryptonian investor list. Thanks to the close contact between the parent company and global investment institutions, Krypton at least does not need to introduce where he comes from when negotiating with foreign investors.

  Some people commented to the interface news that Geely Automobile will not make an uncertain listing plan. Except for the listing of ants in 2021, Geely Automobile withdrew its listing in science and technology innovation board, and all other listing targets were successfully achieved.

  Investors’ concern about Krypton is how to achieve the goal of selling 650,000 vehicles in 2025 while ensuring their independence.In investment, platform sharing andandIn terms of the supply of scarce parts, there will inevitably be conflicts of interest between Krypton and other high-end electric vehicle brands under Geely.

  Extreme Krypton, Volvo, Polar Star, Lotus Technology and Geely andThe jointly launched Extreme Vietnam is striving for the same customers, and some of the models they developed are based on the common vast SEA architecture, and even some models are produced in parallel.

  The Wall Street Journal quoted investor analysis as saying that Geely Automobile’s listing of its subsidiary, rather than the holding company itself, may make the governance challenge of brand competition more difficult: any hint that Li Shufu prefers a subsidiary is a minority.Will be very important for everyone.

Huawei P70 King Return! In addition to rolling images, it is also equipped with a new Kirin 9010 chip.

Recently, a blogger said that Huawei’s new vertical folding still uses Kirin 9000S, and Huawei P70 has already tested Kirin 9010.

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It is understood that Kirin 9010 is an upgraded version of Kirin 9000S, and its internal name is tentatively "Kirin 9010". Although the specific parameters of Kirin 9010 have not been announced yet, according to the previous rumors and naming rules of Kirin, we can infer that Kirin 9010 may have been optimized and adjusted on the basis of Kirin 9000S, and the manufacturing process may be changed, focusing on optimizing performance and power consumption. Huawei’s hyper-threading technology will continue to be used.

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According to netizens, the measured running score of Kirin 9010 chip has reached the level of 8 Gen2 in Snapdragon. Some people speculate that the chip is a 3nm process and the foundry is TSMC, but it should be false news in the current situation of Huawei. Moreover, Xiao Bian also found that rumors about Kirin 9010 chip had appeared as early as 2021, and it is said that the manufacturing process was 3nm, which means that several bans in the United States disrupted Huawei’s original rhythm when mass production was about to begin, so it was necessary to switch to Qualcomm’s 4G chip.

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Since the launch of Kirin 9000, every generation of flagship new products after Huawei will always be speculated whether it will go to Kirin 9010. This is also a kind of expectation for Huawei. It is always thought that it can come up with stronger products to surprise everyone in the sanctions. It may not be possible before, but after watching the performance of Mate 60 this year, everyone thinks that Kirin 9010 will have a chance on Huawei P70.

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If it is as stated in the news, Huawei P70 will officially return with Kirin 9010 chip, indicating that Huawei has once again created a miracle. In addition, the main camera of Huawei P70 will use Sony IMX989 1-inch outsole sensor. The overall lens layout is not much different from that of the previous generation P60, but the lens deco has changed from "long strip" to "approximate square", and it is still designed for three lenses. The largest main camera is located in the middle, the telephoto and wide angle are distributed on both sides of the main camera, and the flash is on the far left.

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As the latest masterpiece of Huawei’s flagship mobile phone series, P70 series will also usher in a major breakthrough and promotion in hardware configuration, video experience and localization of supply chain. All kinds of revelations alone have been able to make consumers blind, which also reflects Huawei’s influence and competitiveness. We also have reason to believe that Huawei will once again boost the overall smartphone sales in China with P70 series.

Suzhou area krypton 007 is on sale! The lowest price is 229,900, and the promotion is limited.

In the promotion channel in Suzhou, car home, preferential activities are being carried out, and consumers in Suzhou can enjoy a maximum discount of 10,000 yuan. The minimum starting price of this model is 229,900 yuan. If you want to know more preferential information, you can click "Check the car price" in the quotation form to get a higher discount.

https://car3.autoimg.cn/cardfs/product/g30/M0A/2E/90/autohomecar__ChxknGWKsk6AInoTAC85QX305mQ192.jpg

The design of Krypton 007 is very futuristic, the front face design is simple and atmospheric, and the air intake grille is closed, which shows its identity as a new energy vehicle. The body lines are smooth and the overall style is fashionable and dynamic, which shows the sense of science and technology of Krypton 007. The front of the car adopts a unique split headlight design, which is unique in shape and highly recognizable. The side lines of the car body are smooth, and the hub adopts a multi-spoke design, which adds a sense of movement. At the rear of the car, Krypton 007 adopts a unique through taillight design, which is not only beautiful and elegant, but also improves the recognition. Generally speaking, the design of Krypton 007 is excellent, which fully shows its sense of science and technology and sports, which is impressive.

https://car2.autoimg.cn/cardfs/product/g27/M00/1C/CC/autohomecar__ChxkmWWKsjGAH7fEAC-YeLGxpTQ654.jpg

Extreme Krypton 007 is a medium and large SUV with a size of 4865*1900*1450, with a wheelbase of 2928mm, a front track of 1635mm and a rear track of 1650 mm. The lines on the side of the car are smooth and simple, showing the sense of fashion and movement of Krypton 007. Tyre size is 245/45 R19, and the front and rear wheels all adopt the same specifications, which provides more stable driving performance for the vehicle. The rim adopts black multi-spoke design, which highlights the sports style of Krypton 007. Generally speaking, Krypton 007 is a medium and large SUV with both fashion and sports, with excellent driving performance and stable driving experience.

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The interior design of Krypton 007 is very fashionable and full of science and technology. The 15.05-inch central control screen is large and clear, equipped with voice recognition control system, which can control multimedia, navigation, telephone and air conditioning functions, making drivers more convenient. The steering wheel made of leather feels comfortable, and the electric up and down+front and rear adjustment function allows the driver to adjust according to his own needs. There are two Type-C and USB interfaces in the front and rear rows, which is convenient for charging. The front seats are also equipped with heating, ventilation and massage functions, and both the driver’s seat and the co-pilot seat have electric seat memory functions. The backrest of the second row of seats can be adjusted, and the rear seats support proportional reclining, which is very practical. In short, the interior configuration of Krypton 007 is rich, which allows people to enjoy a comfortable ride experience while driving.

Extreme Krypton 007 is equipped with a powerful engine, with a maximum power of 310 kW and a maximum torque of 440 N m. This makes the vehicle perform well when accelerating, and can quickly reach high speed and maintain stability. In addition, the engine also has the characteristics of high efficiency and energy saving, which provides excellent handling performance and driving experience for drivers. Whether on urban roads or highways, Krypton 007 can easily cope with all kinds of road conditions, showing excellent performance.

In the word-of-mouth evaluation of the owner of car home, we can see that he is full of praise for the interior design of Krypton 007. He especially likes the use of oval steering wheel and big screen, and thinks they are very beautiful and silky. In addition, the fur-turning decoration near the roof and door handle also makes him feel very advanced. He also believes that the black sports seat is not only outstanding in appearance, but also first-class in comfort. The owner believes that the exquisiteness of Krypton 007 is much higher than that of BBA model, and the price is much cheaper. It can be seen that Krypton 007 has brought a very good experience to the owner in the interior design.