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In April 2002, on the eve of the strategic partnership between China FAW and Japan’s Toyota Motor, Masashi Asakura, an expert in Toyota’s production investigation department, came to Changchun. His mission was to guide the production management of FAW cars, that is, to teach the world-famous Toyota production method.

Asakura arrived at the conference room after a week of touring the FAW production site, and the Chinese colleagues accompanying him on the tour routinely hoped for his valuable advice. Unexpectedly, the Japanese expert suddenly pulled his face down and said: "I know what each of you wants to say." He turned and wrote on the blackboard: Down with the Japanese devils. Asakura Masayoshi, who had no smile on his face, said: "I want you to beat me, but you have to beat me first. You can’t beat me. Sorry, just follow me honestly."

Hearing Masashi Asakura’s arrogant words, many of the second-level managers of FAW were deeply angry, but everyone quickly calmed down, just as one of the parties said to Jia Ke later, "You are unarmed, what can you use to defeat him?"

I’m afraid it was against this background that Zhu Yanfeng, then the general manager of FAW, told Jia Ke, a financial journalist at the time, in an interview in 2002 that was later amplified by CCTV and became famous and repeatedly criticized in the industry – "Cars, we have to endure loneliness for 20 years". He said that the car is an honest product, there is no excitement or romance, and the basic work is done well, so that we can compete with the world’s strong players.

People like to listen to stories that go all the way and auspicious words that are achieved overnight, but the reality is that when this is said, the market share of Chinese car brands is only around 25%. There is a gulf that cannot be ignored between Chinese cars and developed countries, and everything is just starting. Zhu Yanfeng’s "can endure loneliness for 20 years" is not passive and inactive. It obviously contains two meanings. The first meaning is not to be self-aggrandizing and impulsive; the second layer means to be realistic and work hard.

Now 20 years have passed. In the past 20 years, Chinese cars have risen all the way to become the world’s largest market. In the process, the machines that once changed the world are being changed, and the four modernizations of cars are gradually becoming a new track of climate, intelligence and electrification. Sparks are flying between traditional cars and new cars. In the once-in-a-century revolution, Chinese cars have ushered in a once-in-a-millennium opportunity.

In the first half of 2022, Chinese brands accounted for 47.2% of the total passenger car sales, which is about to reach the milestone of more than half. The new energy market has shown the hope of leading the world for Chinese cars at an unprecedented speed. In June, the market share of new energy vehicles reached 23.8%. In the first half of 2022, China’s new energy passenger vehicles accounted for 59% of the world’s new energy.

The lonely Chinese cars have finally begun to catch up, and the blooming moment is just around the corner. Zhu Yanfeng’s 20-year contract with Chinese cars has arrived as scheduled.

In early July 2022, as the principal of Xuanyuan School, Dr. Jia Ke led the students of Julang Phase 2 into the Landmap Technology of Dongfeng Motor Group company, and listened to the chairperson of Dongfeng Company, Zhu Yanfeng, talk about the Dongfeng change with Landmap as an example, and as an automobile veteran, his judgment and observation of trends.

Zhu Yanfeng is a legendary figure in the automotive industry. At the age of 38, he took the helm of FAW Group, the "eldest son of the Republic", becoming the youngest leader in FAW’s history. Under his leadership, FAW Group emerged from the darkness and became the first "million" car company in China. Due to his excellent business ability, Zhu Yanfeng is also known as "Young Marshal" in the industry.

He has experienced the era of Chinese cars catching up from traditional cars to the era of smart electric new cars catching up. Now in his 60s, with rich past experience, he leads Dongfeng Motor to fight in the new automotive world.

Judging from the results, Dongfeng Nissan has achieved overall reform, positioning high-end electric off-road warriors are about to be launched independently, and its own brand Aeolus has achieved explosive growth against the trend this year. At the same time, Lantu, a new car-making strength, has also begun to enter the smart electric vehicle market…

"Giant Wave, this name is very good. Cars are indeed a kind of giant wave, a giant wave of social development. Cars have been continuously

of
Changes are promoting social progress and integrating human civilization, including technological civilization and social civilization, so cars have a wide range of significance. "Standing at the turning point of the times, looking back at the past, Zhu Yanfeng sighed to the students of Xuanyuan Learning Julang Phase 2.

Young fame and long-term high position made Zhu Yanfeng put under the spotlight and microscope for almost half of his life, which caused him to be very low-key most of the time. However, in the class of Xuanyuan Zhixue, in the face of young people who were full of vitality, the serious "Young Marshal" rarely revealed his true feelings.

"I can not be the general manager, but I want to be a car for a lifetime, so I decided to be a car for a lifetime, and now I have been a car for a lifetime, and I feel very satisfied." Zhu Yanfeng said.

This is the seventh module of Xuanyuan Learning Giant Wave 2. The theme of this course is "Macro-industrial situation and enterprise change". In addition to Chairperson Zhu Yanfeng’s lecture as an industrial giant on the afternoon of July 6, on the morning of July 5, Fan Gang, vice president of the China Economic System Reform Research Association and president of the National High-end Think Tank China (Shenzhen) Comprehensive Development Research Institute, as an expert mentor, explained the practice of enterprise change and the macroeconomic situation to the students.

On the morning of July 6, Xuanyuan Innovation Workshop, a new heavy link designed to empower OEMs, was added to Xuanyuan Learning. The theme of this Xuanyuan Innovation Workshop was to explore the development strategy suggestions of Lantu under the new trend of smart cars. To this end, on the afternoon of July 5, JL Phase 2 students test-drove two cars of the Lantu brand – Lantu FREE E and the upcoming MPV Lantu Dreamer – at the intelligent network test field of Dongfeng Company in Wuhan.

In the last class, Principal Jia Ke picked up the roll list for the first time and called the names of the whole class again. When every "to" sounded, their memories of Xuanyuan School were like movie clips. This was the first time the students had met after four months of being trapped by the epidemic, and it was also the final course of all seven of their modules.

Economist Fan Gang’s Judgment and Suggestions

On the morning of July 5, 2022, Fan Gang, as the instructor of Xuanyuan School, gave a lecture for the second time to the students of the Julang class. His lecture topic was "The External Environment and Internal Dynamics of China’s Long-term Economic Development".

He started from the recent fluctuations and growth of China’s economy, the "great change" of the international environment and the "decoupling" of China and the United States, the "second half" of the Russia-Ukraine war and globalization, the current inflation and the world economic turmoil, the potential and driving force of China’s long-term economic development, and the low-carbon transition.

Faced with the recent fluctuations in China’s economy that everyone is most concerned about, Teacher Fan Gang believes that although the epidemic still dominates the cause of the recent fluctuations in China’s economy, the epidemic does not belong to the category of economic analysis. From an economic perspective, it is more due to concerns about international financial turmoil, the uncertainty caused by the conflict between Russia and Ukraine, and the "contraction effect" of some policies.

Professor Fan Gang believes that macro policies can still play a certain role in the second half of 2022, mainly fiscal expenditure and infrastructure building, but monetary policy is difficult to play any role. He specifically mentioned that China’s urban agglomeration development strategy is undergoing adjustment in recent years, starting to increase land supply to big cities, reducing or stopping land supply to small cities, allowing collective land around cities to enter the market for housing construction, and increasing the supply of public rental housing. Small towns were basically in the stage of population outflow in the past. The state should create conditions to realize the return of population to small towns and villages, and plan for modern small towns and rural revitalization in advance.

He therefore proposed that China’s economic development has gone through three stages: the initial stage is to take advantage of the comparative advantage of cheap labor and engage in labor-intensive industries, so as to develop; the second stage is the advantage of latecomer, because if you lag behind, you can learn the knowledge and technology that other countries have developed at a lower cost and faster speed, and then quickly shorten the gap. The specific method is to study abroad, exchange science and technology, and introduce foreign capital; the third stage is the stage where latecomer advantages and independent innovation work together. From 2018, China has almost entered this stage.

Therefore, Fan Gang refers to the "Thucydides Trap" because "China has changed" – developing faster and faster, so fast that some Western countries regard China as their number one competitor, and they cut off our access to knowledge by cutting off supply, decoupling, and cutting off supply.

After leading the students through the cruelty of reality, Fan Gang also pointed out the direction for the students to get out of the predicament. He believes that globalization will not stop. "The United States is so de-globalized and so anti-globalized, why hasn’t globalization stopped?" He said. "To discuss this matter, you must first understand one question. Who originally promoted globalization? It was the big companies in developed countries that promoted the development of globalization."

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Fan Gang believes that globalization will not stop. "The United States is so de-globalized and anti-globalized, why doesn’t globalization stop?" he said. "To discuss this matter, we must first understand one question. Who originally promoted globalization? It was the big companies in developed countries that promoted the development of globalization.

"

In the beginning, multinational companies promoted globalization, and the political elites supported it, and the grassroots class was not harmed. At that time, the industries that were transferred out were nothing more than labor-intensive. Wages in developed countries rose, and they moved to capital-intensive and knowledge-intensive industries, including the service industry. So no one opposed it. At that time, it was the developing countries who opposed globalization. The starting point of the developing countries at that time was that you used to exploit us in a colonial way. Now you don’t engage in colonies. You use multinational companies to call neocolonialism to continue to exploit us.

Today, the situation has changed significantly. "The more advanced we go, the more we lose manufacturing in developed countries," says Fan Gang. "Low-end manufacturing goes out, and high-end manufacturing also goes out. As a result, blue-collar workers in developed countries are severely unemployed, their living standards are seriously declining, and there is no hope. Therefore, the anti-globalization movement of the grassroots class in the United States has been triggered. The grassroots class has votes, so the political elite also follow these grassroots classes to oppose globalization. But multinational companies have not stopped thinking about the issue of global layout for a day."

Faced with the "Thucydides Trap", he believes that multinational companies are still engaged in globalization. The development of globalization will bring opportunities to backward countries. Backward countries and emerging market countries now support globalization, so globalization will not stop, but there will be some adjustments to globalization. Domestic enterprises must first continue to adhere to globalization, but at the same time, they also need to think about future development and adjust the layout of globalization with the way of thinking of global resource allocation. "Our enterprises can not only develop in the Asia-Pacific region, but also go to America and Europe to set up factories, develop and allocate resources."

Fan Gang said that there are several theories in economics that can prove that perfect competition is not a good industrial behavior. Perfect competition can keep prices very low. Although it is the best for consumers in terms of price and cost, one of its problems is that there is very little innovation. Perfect competition has little profit for enterprises, and profits are very thin. Its ability to invest in and research and development is very poor, so it will not invest in research and development as a continuous process. Then, the industry becomes less and less innovative, and there are fewer and fewer new products. This is a negative factor for consumers in the long run.

The reason why an industry can be in a state of perfect competition generally has a lot to do with the low threshold of the industry. He said: "Digital transformation involves the structure of the entire industrial Internet. The problem with our industrial structure is that there are too many small enterprises, all of which are small enterprises. Small enterprises have little profit and little investment, and it is too expensive for them to do things in the industrial Internet. In the digital economy, enterprises need someone who can provide better software and provide better and cheaper solutions to help manufacturing enterprises achieve transformation at a relatively low cost. If this problem is solved, our manufacturing industry can keep up with the new stage of international technological development and can continue to develop, which is also an important future potential growth point for China’s economy."

In addition to improving the digitalization level of the manufacturing industry, Fan Gang also mentioned that it is now an opportunity for all walks of life to reform and adjust the internal structure of the industry through mergers and acquisitions to enhance competitiveness. At the same time, he also did not forget to seize the development opportunities of new energy and new energy-related industries. This is actually a huge opportunity brought to us by the current transformation of the automotive industry from traditional automobiles to new energy intelligent networked new vehicles.

The first show of Xuanyuan Innovation Workshop

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The so-called Xuanyuan Innovation Workshop is a think tank composed of Xuanyuan School mentors and students. It conducts targeted multi-angle consultations and discussions on some pain points, difficulties and itching points in the actual development of the OEM where the industry mentors are located.

"

Xuanyuan Zhixue has always emphasized the mutual learning and learning together. In the last module of Julang Phase 2, Xuanyuan Zhixue specially launched a link that reflects this teaching model – Xuanyuan Innovation Workshop.

The so-called Xuanyuan Innovation Workshop is a think tank composed of Xuanyuan School mentors and students. It conducts targeted multi-angle consultations and discussions on some pain points, difficulties and itching points in the actual development of the OEM where the industry mentors are located.

The Xuanyuan Innovation Workshop is to discuss the opinions and suggestions of the development of Lantu under the new situation of the new energy smart vehicle market. The members of the think tank are Xu Changming, deputy director of the State Information Center and senior economist, Zhang Xiaoliang, founder and CEO of SoCar Product Strategy Consulting, Wu Jun, the representative of Xuanyuan Learning Julang Phase 2 students and the general manager of Zhuomeng International, and Wang Fengbin, the executive principal of Xuanyuan Learning, conducted an in-depth analysis of the development of Lantu Automobile from the four dimensions of market, product, marketing and brand.

In order to provide a more complete picture of the current situation of Landmap and the development problems encountered, DONGFENG MOTOR CORPORATION Party Committee Standing Committee, Deputy General Manager You Zheng, and Deputy General Manager Liu Zhanshu of Landmap Automotive Sales and Service Co., Ltd. came to the class of Xuanyuan Zhixue, gave a detailed introduction to the current situation of Landmap, and confessed to Xuanyuan Zhixue its current bottleneck. The biggest problem with Landmap at present is that although it has the potential to explode, it has not yet become a hit.

Lantu Automobile Sales Company has just assumed responsibility for marketing Liu Zhanshu from the marketing interpretation, the product positioning of Lantu, high-end sense of building and strategic position and other issues to Xuanyuan Factory guests threw their own topics.

Xuanyuan School instructor Xu Changming took the lead in interpreting the three opportunities and three challenges of Lantu Automobile from the overall situation of the automobile market.

He believes that the opportunity of Lantu is that the total number of electric vehicles is and will continue to grow rapidly. In addition, among the 300,000-400,000 electric vehicles, independent and joint venture brands are evenly divided. Furthermore, among consumers who buy high-end electric vehicles, there are a group who prefer to have independent big brands endorsed. The challenges are similar to the difficulties encountered by most traditional car companies in transformation, including how to challenge the traditional thinking mode, what new ideas to reduce costs and how to create better quality.

Xuanyuan’s mentor, Zhang Xiaoliang, who focuses on product strategy research, gave Lantu Automobile’s product development advice on the topic of "Building a Product Strategy System for the Expansion Period of Intelligent Electric Drive".

He suggested that making products requires making truly effective innovation breakthroughs, rather than just doing emotional business. At the same time, it is also necessary to form a system of very broad recognition and common drive within the entire team, which should be managed and driven by goals, rather than by the process management tools of 20 or 30 years ago.

Xuanyuan Learning Julang Phase 2 student Wu Jun gave Lantu a very specific and easy-to-implement marketing strategy suggestion from the perspectives of brand, product, competitive product and sales.

Wang Fengbin, the executive principal of Xuanyuan School, stood in the perspective of brand innovation culture strategy, and provided more ideas for the branding of Landmap in terms of vision-driven, cultural empathy and cybertribe operations.

After the keynote speeches of the four experts, the students of Xuanyuan Learning Julang Phase 2 included: what opportunities and challenges will Lantu face in the future, how will it stand on the shoulders of Dongfeng, the "giant", what is the biggest difficulty that Lantu encounters in brand promotion, what are the competitive advantages of Lantu compared with other new car-making forces, and why Dongfeng wants to create a high-end new energy vehicle brand like Lantu. Four questions started with a fierce group discussion.

Through the students’ rich practical experience and corporate leadership background, their discussions also gave Lantu a broader perspective for improvement. Liu Zhanshu said that through the discussions at Xuanyuan Factory, many questions were raised, "some can be solved quickly, and some can be solved in the process of solving,… I think it is very good to have such a very frank face-to-face discussion."

This is the first activity of Xuanyuan Zhixue – Xuanyuan Innovation Workshop. Not to mention the expert mentors of Xuanyuan Zhixue, in fact, every student is an expert in a certain aspect of the automotive industry, and they are all high-powered people in the automotive industry. It is easier for them to come up with relatively more practical solutions. In the future, Xuanyuan Zhixue will continue to replicate this model, improve and improve quality, and continue to empower OEMs and the automotive industry ecosystem.

The link of Julang Private Exchange was shared by Huang Liang, founder and CEO of Rainbow Wireless (Beijing) Technology Co., Ltd., a student of Julang Phase 2, and Sun Yanan, founder of Suzhou Youlesai Supply Chain Management Co., Ltd.

Huang Liang is moving from mobile phones to the automotive industry. The development of mobile phones from the Internet to the mobile Internet and cars from traditional to smart electric vehicles seem to be several things in different fields, but he believes that the development, evolution and technological progress of these industries are very closely related. "How can we use existing technologies to optimize and change the past form and form a new business model, that is, the application scenarios or business opportunities of smart cars."

Sun Yan’an shared his thoughts on the four aspects of the automotive supply chain: demand, management, process and rules. The company he founded is a company that uses the unitized logistics system as the basis point to design and serve the automotive parts industry. It has basically realized the full scene coverage of the automotive industry, especially the parts.

In the future, they hope that through market rules or market development, they can truly establish a professional independent service third party. "Advocate the logistics packaging sharing platform of China’s automotive industry, and hope that everyone will unify the standards and work together to promote the common progress of the automotive logistics industry and improve the level. That is our goal," he said.

Zhu Yanfeng withstands loneliness after 20 years

On the evening of May 5, 2015, Zhu Yanfeng flew to Wuhan from Changchun. At the age of 54, he had been away from the automotive industry for nearly 8 years and suddenly returned to manage a large central enterprise with 170,000 employees, 3 listed companies and 15 major automobile companies. People are looking forward to how Zhu Yanfeng will play his cards.

This answer sheet has begun to emerge after 7 years: sweep away all kinds of branches and creeps, find the certainty of future development. At the crossroads of history, concentrate resources and strength to develop independent brands.

In July 2017, Dongfeng Yulong "withdraws people and does not withdraw capital"; on April 14, 2020, Dongfeng Renault delisted and restructured; on November 19, 2021, Dongfeng Yueda Kia withdrew… In the joint venture sector, Dongfeng has finally completed the evolution from "integration" to "withdrawal".

At the same time, Dongfeng’s independent brand took on a new look. Dongfeng Fengshen completed its self-rescue and counterattack, got out of the bottom, and started a new round of growth. Landmap Automobile has just perfected the full-link personnel structure and is preparing for a new sprint. M brand of Dongfeng’s high-end new energy off-road vehicle project will be born again.

In 2021, Dongfeng Group established a strategic steering committee to support important strategic plans, business plans, including budgets, etc. Dongfeng Motor also adjusted its organizational structure and innovatively adopted the BU system for technology centers, Dongfeng Finance, Dongfeng Import and Export Company, and Dongfeng Travel, which stimulated the vitality of the enterprise.

On the afternoon of July 6, 2022, Zhu Yanfeng, chairperson and party secretary of DONGFENG MOTOR CORPORATION, walked into the class of Xuanyuan Zhixue with the specific practice of "five modernizations to one car, one car to four networks", and gave a speech and question and answer for two and a half hours.

In 1999, when Mr. Zhu, 38, took over as FAW’s general manager, he became the youngest person in FAW’s history to take the helm and the youngest general manager of China’s large auto industry. In a speech shortly after taking office, Mr. Zhu proposed that all FAW employees in China drive their own cars. Like some of his remarks, there was ridicule and skepticism.

When Zhu Yanfeng drew a beautiful blueprint, Zhang Ming was still an ordinary employee with a salary of more than 600 yuan per month, while a Jetta cost more than 100,000 yuan; in 2004, Zhang Ming drove a Bora with about 200,000 yuan back home. Twenty years later, Zhang Ming has become the backbone of FAW Group and joined Xuanyuan Learning Julang Phase 2. He said that this is Zhu Yanfeng’s vision from the height of the enterprise leader, he saw the future, non-linear development.

For leaders, ability, charm, courage and eyesight are all indispensable. One step at a time is the basic operation. Only by taking three steps can we lead the company to go faster and farther. In the automotive industry, "I have worked for a lifetime". In the era of competition and alternation between old and new, Zhu Yanfeng has his own insights into the future of automobiles.

"I’ve been in cars for decades, and I’ve been talking about one thing, and I’ve been answering myself, what is a car?" he said.

"

In response to Zhou Yan’s question, Zhu Yanfeng said: "As an individual, I feel that the mind, pattern, and taste should always be pursued, and then you should also be responsible, and you must be able to bear grievances. Behind this, you have to bear a lot, a lot of grievances, and you have to endure loneliness.

"

For this question, Zhu Yanfeng gave an answer when he attended the 12th China Auto Blue Book Forum with the theme of "Winter Bud" in 2020, "Can you be a Rubik’s Cube, a Transformer, and use our new materials to make a car that allows users to spend a share of money and make a powerful and small car?"

He pointed out at the time that companies are like sailing in the ocean. If they do not actively "move", they will be submerged. To continuously swim in the ocean, they need to carry out "cross-border", that is, in terms of technology, energy, business models, and intelligent intelligence, and provide users with the richest car world through intelligence, networking, and sharing.

Two years later, in the Xuanyuan School class, Zhu Yanfeng gave a more concrete direction. On the basis of the "four modernizations of automobiles" proposed by Dr. Jia Ke, he emphasized "lightweight". He believed that the development of the energy revolution, the Internet revolution, and the integration of the intelligent revolution and the transformation of the automobile industry promoted the development of the automobile industry in the direction of "five modernizations".

"I think there will be many material revolutions in other fields, material changes and material industrialization applied to our cars in the future. Lightweight is basically Dongfeng’s own call, but we think we still need to shout. Now whether it is aluminum-magnesium alloy, aluminum alloy, or aluminum-steel alloy, it has actually become a material process."

At the same time, the attributes of the car transformed the integration of products and society into a systemic operation. In society, there were transportation, energy, information, and financial relationships. On this basis, Dongfeng proposed "one car through four networks", that is, cars are linked to transportation networks, energy networks, information networks, and financial networks.

In a word, "five modernizations into one car, one car through four networks" is the characteristic of today’s automobile development.

In the interactive session, in response to the students’ questions about the relationship between smart cars and mobile phones, he said: "Today’s autonomous driving, including vehicle to everything, is actually a product defined by the threat of pursuing consumer trends in the tide to some extent. In fact, if it is very rational, the car and ecology are connected, and this part of the mobile phone can be done. Because the car and the mobile phone are originally divided, and the mobile phone part is connected with the ecology. You are the electronic mobile end point. I am the tangible material end point, and it is good to combine in the middle. But now these two are not combined, but replaced each other. I think more cars tend to have stronger computing power in motion and control, and the ecological interface is more involved."

Zhu Yanfeng has his own opinion on the relationship between the OEM and the supply chain. He believes that the relationship between the two parties must always be symbiotic and communion, but the relationship between the black box, white box, and gray box must be a dialectical relationship. In this relationship, the gray box state will become the norm. The black box is very short-lived, and the white box will not last long. So the gray box state should be a better state for supply chain management.

During the interactive session, the students couldn’t hide their admiration and curiosity about Zhu Yanfeng’s "Young Marshal" experience. Zhou Qian, a student of Julang Phase 2 and then deputy general manager of SAIC-GM-Wuling Sales Company, asked Zhu Yanfeng, who was young and famous, "If I were a young employee of Dongfeng, would I have any experience to share on the development path?"

Looking at the younger generation who was the same age as when he took over FAW, Zhu Yanfeng’s answer was particularly heartfelt. He said: "Life is a choice, and you always choose, it depends on what you choose. The real freedom is not what you want to do, but what you don’t want to do." "I work in administration and government, but I didn’t actually give up the car. Later, people asked if you were really interested. I said I was really interested. The changes that cars bring to people are really rich."

Looking back on the past, Zhu Yanfeng said, "At the age of 38, I feel that the right time, the right place and the right person have made me. Personally, I have indeed worked hard and suffered, but it is not just an individual, but also the right time and the right place and the right person. The right time is China’s reform and opening up, and the right place is the beginning of the establishment of China’s automobile society. Renhe is my predecessors of FAW. They should give me full trust and support as an employee, and they are willing to let me take on development, and they are willing to take on such challenges and risks. But as an individual, I feel that the mind, the pattern, and the taste should always be pursued, and then you should also have responsibility, and you have to bear the grievances. Behind this, you have to bear a lot, a lot of grievances, and you have to bear loneliness."

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This article is originally published by Automotive Business Review
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According to Securities Star, as of the close of April 22, 2024, Cyrus (601127) closed at 94.93 yuan, down 0.58%, with a turnover rate of 2.64%, with a turnover of 399,200 lots and a turnover of 3.793 billion yuan.

As for the data of capital flow on April 22nd, the net outflow of main funds was 217 million yuan, accounting for 5.73% of the total turnover, the net inflow of hot money was 68.5681 million yuan, accounting for 1.81% of the total turnover, and the net inflow of retail funds was 149 million yuan, accounting for 3.92% of the total turnover.

See the following table for a summary of capital flows in the past five days:

The main indicators and industry rankings of this stock are as follows:

The third quarterly report of Cyrus in 2023 showed that the company’s main income was 16.68 billion yuan, down 27.86% year-on-year; The net profit of returning to the mother was-2.294 billion yuan, up 14.23% year-on-year; Deducting non-net profit was-3.015 billion yuan, down 5.24% year-on-year; In the third quarter of 2023, the company’s main revenue in a single quarter was 5.648 billion yuan, a year-on-year decrease of 47.25%; The net profit returned to the mother in a single quarter was-950 million yuan, down 0.25% year-on-year; Non-net profit deducted in a single quarter was-1.13 billion yuan, up 1.77% year-on-year; The debt ratio is 83.36%, the investment income is 247 million yuan, the financial expenses are-55,056,400 yuan, and the gross profit margin is 6.76%. Cyrus (601127) is mainly engaged in R&D, manufacturing, sales and service of new energy vehicles and core three-power, traditional vehicles and core component assemblies.

In the last 90 days, the stock has been rated by 10 institutions, with 5 buy ratings and 5 overweight ratings; The average target price of the institution in the past 90 days is 104.0.

Explanation of the term "capital flow": refers to the reversal of capital flow through price changes. When the stock price is in a rising state, the turnover formed by active buying orders is the driving force for the stock price to rise, which is defined as capital inflow, and when the stock price is in a falling state, the turnover generated by active selling orders is the driving force for the stock price to fall, which is defined as capital outflow. The difference between the two forces on that day is the net force left to push the stock price up after the two forces offset each other on that day. Calculate the main capital flow, hot money flow and retail capital flow through the transaction amount of each transaction.

Note: The main funds are large single transactions, the hot money is large single transactions, and the retail investors are small and medium single transactions.

The above contents are compiled by Securities Star according to public information, and generated by algorithm (No.310104345710301240019), which has nothing to do with the position of this website. Please contact us if there is any problem with the data. This article is for data collation, and does not constitute any investment advice for you. Investment is risky, so please make a careful decision.

　

Author | Guo Hongyun

　

Editor | Li Yi

　

The limelight has overwhelmed Tianshui Mala Tang in Gansu, and with Kaifeng, Henan "soaring" to become another city with a big traffic explosion, the stage plot has begun to move towards magic.Wang Po, who invited online celebrity to step down and sucked powder, finally lost to online celebrity.

　

The incident that made the "Wang Po Matchmaking" program start to become uncontrollable was that a married man, Liu, "ran for love" stepped on the stage for a blind date, and expressed his willingness to "quit his job in Zhengzhou and go to Sichuan" for the blind date female guest. After successfully adding it to the woman’s WeChat, it became a good conversation, and his wife who was far away from Japan saw it and went back to China in anger to prepare for a divorce.

　

This dramatic scene became a turning point in the stage of "Wang Po Matchmaking". No netizens paid attention to the humor of handsome guys and beautiful women and foster mother "Wang Po" on the blind date stage, but instead began to criticize and falsify "love rat", denouncing online celebrity’s unscrupulous behavior.

　

Just today (April 3), the topic of "police responding to Wang Po’s media saying that married male wife is suspected of suicide" once again rushed to the hot search of major social media platforms, and his wife Xiao Xue sent a video crying late at night: "Maybe I am too fragile, I really can’t hold back." Some netizens speculated that they might do something stupid and call the police. The staff of Yinchuan Public Security Bureau responded that the police had contacted Xiao Xue’s father and learned that Xiao Xue was fine after asking.

　

Among the voices urging Xiao Xue not to do anything wrong, some netizens questioned that she was speculating, and there was a script that wanted to be online celebrity from the moment when a married man went on a blind date.

　

And "Wang Po" himself had to stand up and respond publicly because of the storm of public opinion, once again emphasizing the initial intention of the stage, calling on "those who bring their own scripts not to join in the fun, and leave the opportunity to those who really want to make friends".

　

And her troubles are not limited to this. According to Tianyancha APP, "Kaifeng Wang Po" has been registered as a blind date marriage service company, and its business scope includes marriage introduction service and wedding etiquette service. In the eyes of the uninformed public, the actor himself is not satisfied with matchmaking only on the scenic stage, but wants to transform into a company and become a "matchmaker" completely.

　

　

This misunderstanding forced "Wang Po" to stand up and refute the rumor again. On April 2, she posted a video on her Tik Tok account @ Kaifeng Wang Po, saying that she didn’t and didn’t authorize anyone to start a matchmaking company. She also said that she had some physical and mental problems recently, especially her voice, so she needed to rest for a while and wanted to go out and have a look.

　

Prior to this, Long Live Mountain Martial Arts City has officially announced that Tomb-Sweeping Day can welcome tourists in a fuller state. Teacher Zhao, the actor of "Wang Po", will rest on April 2 and April 3, and the performance of "Wang Po Matchmaking" will be temporarily performed by another actor "Li Po". After "Wang Po" indicated that it would take a break for a while, the scenic spot announced again that Zhao Mei, one of the actors of "Wang Po", would take a month off from April 3, 2024 due to health reasons. During this period, other actors, such as Li Li, would perform "Wang Po Matchmaking" for tourists and add a related talent show.

　

　

This also means that "Wang Po" will be absent from the Qingming holiday activities in the Wuxia City of Longevity Mountain. According to the data from the US Mission, as of March 28th, the number of advance tickets in Kaifeng Scenic Area has increased by more than three times week-on-week, and many tourists have taken "blind date" in Kaifeng, Henan Province as their holiday play plan. This sudden change may disappoint tourists who want to go to Kaifeng to meet "Wang Po".

　

As for the program "Wang Po Matchmaking", even if "Wang Po" played by teacher Zhao Mei can return smoothly one month later, the popularity is still there, but it is still difficult to completely put an end to the online celebrity who have been rubbing traffic, and rumors about herself may still reappear.Fired by the flow, but trapped in the flow,For the 61-year-old actor teacher, without a strong heart and plenty of energy, it is hard to escape the next time after this time.

　

It has been reported that,"Wang Po" has considered resigning and retiring, and wants to live an ordinary life.

　

As a scenic spot, I definitely don’t want to lose such a "drainage" baby. In order to solve the problem of online celebrity’s traffic and the hype of non-singles, Longevity Mountain Martial Arts City has also re-adjusted the program rules and made new changes, such as implementing the offline advance reservation system, and dividing the scene into single male guest area, single female guest area and tourist viewing area. Male and female guests invited to interact on stage need to ensure that they are single and take photos in the dating declaration area.

　

Most importantly, for the sake of the order of the scene, online celebrity, who is not sincere in making friends, is required not to stay in the venue of "Wang Po Matchmaking", and the anchor with live broadcast equipment (such as microphones, speakers, stereos, banners, etc.) should be allowed to bypass the venue.

　

justIt is easy to make a request, but difficult to implement it.. The blind date stage, which has been regarded as "stale" by netizens, and the "Wang Po", which is exhausted both physically and mentally, make it uncertain whether this program can persist and whether it can continue to be popular.

　

In order to better undertake the first wave of predictable peak passenger flow, the scenic spot has made a lot of preparations in advance besides betting on "Wang Po". According to the relevant person in charge, the parade of Qingming Cultural Festival will be the most brilliant chapter of Long Live Mountain. In addition, there will be more than 10 Song Chao art interest spots in the park, including not only interactive experiences such as script killing of ten thousand people, blessing of the old moon, flying flowers and throwing pots, but also an interactive area for praying and an atmosphere festival with water lanterns.

　

　

However, it is undeniable that no matter how wonderful other programs are, the biggest expectation of tourists to visit the scenic spot must be to see "Wang Po" and meet the legendary foster mother. Without "Wang Po", it will undoubtedly be a pity.

　

To a certain extent, the scenic spot and even Kaifeng Wenlv don’t want "Wang Po" to really resign and retire, but Wenlv also mentioned it before.The traffic of NPCs in scenic spots is more intense, so it is risky and challenging to make the best use of it to drain themselves.

　

As far as the present situation is concerned, Longevity Mountain Martial Arts City has worked hard enough. Whether listening to netizens’ advice or understanding and protecting the actors themselves, it is doing its best. However, by the time of "Kaifeng Wang Po" IP fever, there has been a turning point in the downward trend, and there are not many official voices and actions. How to undertake the "splashing wealth" brought about by the hot topic of single-point out of the circle, Kaifeng Cultural Travel seems to be less rapid and active than Gansu Tianshui Cultural Travel.

　

The latest available news is that on March 29th, Kaifeng held a special conference on the work of cultural tourism in the whole city, sayingIt is necessary to take advantage of the situation, promote the formation of more outstanding boutique cultural tourism projects to attract more tourists to visit, and do everything possible to continue the good situation and make Kaifeng cultural tourism change from "bursting red" to "long red".

　

Before that, some netizens who had been to Kaifeng and recognized the experience of local culture and tourism projects were "anxious" online. Look at Luoyang, a neighbor who has made the marketing of Hanfu popular. Why don’t you use "Wang Po" to market in Kaifeng?

　

So is Kaifeng Wenlv slow to respond, or is there really no shortage of "Wang Po" traffic?

　

According to the ranking of tourists received by cities in Henan in the Spring Festival of 2024, according to the statistical data of "Hot Ranking of Eighteen Cities in Henan during the Spring Festival of 2024" published by Wenlv Sports Studio of Zhengzhou Newspaper Group with the technical support of Micro-hotspot Research Institute, Kaifeng entered the top three list after ranking Zhengzhou and Luoyang.

　

Specifically, during the Spring Festival holiday, the city’s cultural tourism in Kaifeng received a total of 9.335 million tourists, a year-on-year increase of 30.7%; The comprehensive income of cultural tourism was 6.47 billion yuan, an increase of 85.9% year-on-year; In the same period, Luoyang received a total of 11.1353 million tourists, with a total tourism revenue of 8.293 billion yuan, up by 87.51% and 156.88% respectively compared with 2023.

　

A glimpse of the whole leopard, for Kaifeng, which focuses on Song Wenhua and attaches importance to the development of cultural tourism,Traffic is very important, and a chance to get out of the circle is even more rare.Failure to promote the city’s tourism with the help of the popularity of "Kaifeng Wang Po" is a missed opportunity to market tourism resources and enhance the brand awareness of the city’s cultural tourism.

　

Let’s take Luoyang as an example. According to the data of Meituan, the search volume of "Hanfu" in Luoyang has been in the top three in China since March, and the search volume of "Flower Appreciation" has increased by 110% week-on-week. The upcoming Qingming holiday coincides with the Peony Festival, which makes Luoyang one of the top ten popular destinations in China. "Hanfu Flower Appreciation" has become the most distinctive feature label of Luoyang in tourism.

　

It is said that red depends on life, and the heat of breaking the wall once can’t be met. Although everyone is saying that the official marketing of Tianshui, Gansu Province is "too fierce", it is a bit too much for some netizens to grow "anti-bone" and not buy it.But after all, from the results, Tianshui, Gansu Province has achieved a circle in brand recognition of tourist cities. In the long run, the tourist season will only come in the summer in the northwest cities, and the "wealth" that Tianshui, Gansu Province will harvest ahead of schedule will inevitably double.

　

At a time when major cities are eager to get out of the circle with the help of hot spots, the question of new media communication and topic marketing needs the destination governments to work harder, study hard and dare to try, in order to give high scores.

　

The picture comes from the official WeChat WeChat official account, screenshot of the platform and Tianyancha of the Long Live Mountain Martial Arts City.

　

　

　

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1. Goldman Sachs and UBS released reports optimistic about China’s economic growth prospects.

Foreign financial institutions such as Goldman Sachs and UBS recently released their respective reports on China’s economic outlook in 2024, predicting that China’s economy is expected to continue to pick up and improve in 2024. From the perspective of the troika, consumption has maintained recovery, investment has continued to increase, and exports have improved. (Xinhua News Agency)

2. The latest voice of the Ministry of Commerce on new energy vehicles

The spokesperson said that the Ministry of Commerce will do a good job in three upgrades in the fourth quarter to further promote the stability and quality of foreign trade: First, enhance the efforts of enterprises to expand market services, give full play to the trade promotion role of exhibition platforms, and increase support for enterprises to participate in domestic and foreign exhibitions, facilitate cross-border business personnel exchanges, and ensure the efficient and smooth transportation of foreign trade goods; The second is to improve the level of foreign trade innovation and development.Promote the introduction of special policies to promote trade cooperation in new energy vehicles and improve the development level of processing trade., carry out the assessment and evaluation of cross-border e-commerce comprehensive test area, and give full play to the demonstration and leading role of excellent cross-border e-commerce comprehensive test area; The third is to improve the level of foreign trade financial services, promote the increase of import and export credit support, increase support for small and medium-sized micro-foreign trade enterprises, expand the underwriting scale and coverage of export credit insurance, and escort enterprises to explore the market. (Cailian)

3. Economic Daily: Work together to curb the chaos of auto loans.

The frequent occurrence of automobile loan fraud cases has become a major problem in the automobile industry. Similar cases are common, and some cases even cost more than 100 million yuan. This behavior not only brought huge losses to auto financing companies, but also seriously affected the healthy development of the auto market. Auto financing companies and auto dealers need to be more strict and meticulous in customer qualification examination and loan approval process. For any abnormal trading behavior, there should be more acute vigilance and strict review mechanism. For consumers, when buying a car, they should know the information of the car in many aspects, including the source, price and quality of the car, and try to choose a car dealer with brand guarantee. Don’t blindly trust some unreliable merchants because of the greed for cheap. In addition, government departments should strengthen the supervision of the auto finance industry and establish a cross-departmental and cross-regional cooperation mechanism. (national business daily)

4. In 2023, it is estimated that the car sales will reach 29.5 million units, a record high.

Cui Dongshu, Secretary-General of the Association, issued a document saying that in 2023, the automobile market in China is facing a gradual improvement trend. In January and February, the automobile market was greatly affected by the Spring Festival factor and the withdrawal of subsidies. From March to May, driven by last year’s low base, the overall year-on-year surge; Strong export and domestic demand from June to October promoted high growth. The recovery of commercial vehicles in China automobile market is strong, and the passenger car market continues to improve due to the fall of real estate. With the increase of policy guidelines for the automobile industry at the national level and the further stabilization and expansion of automobile consumption, the growth of the automobile market in October exceeded expectations. Recently, the domestic consumption and export of passenger cars have contributed a lot, and the overall automobile market has continued to strengthen. It is expected to reach 29.5 million units in the whole year, a record high. (Multiplication Association)

5, "China Intelligent Networked Automobile Technical Regulations" automatic driving evaluation rules released.

Recently, the Automobile Evaluation Management Center of China Automobile Technology and Research Center Co., Ltd. released the automatic driving evaluation rules of China Intelligent Networked Automobile Technical Regulations. The automatic driving evaluation rules released this time mainly include two parts: "real road performance" and "realizable function". "Real road performance" mainly evaluates three aspects: safety guarantee, driving experience and traffic efficiency. "Realizable function" mainly evaluates basic scenes and complex scenes during the use of autonomous driving, and comprehensively considers the safety, comfort, efficiency, takeover time and minimum risk strategy of autonomous driving system. China Intelligent Networked Vehicle Technical Specification will be implemented step by step, and a complete evaluation system is expected to be launched in 2025. (Xinhua News Agency)

6, waste lithium battery recycling to be standardized

In recent years, with the rising price of metal raw materials such as lithium, the recycling industry of waste lithium batteries has become a "hot" track. Experts and enterprises interviewed said that the recycling of waste lithium batteries can not only solve the environmental problems brought by retired lithium batteries, but also help to make up for the shortage of key mineral resources such as lithium, cobalt and nickel in China. On the occasion of the "retirement tide" of power batteries in new energy vehicles, efforts should be made to standardize recycling channels, formulate industry standards and strengthen supervision to promote the benign development of waste lithium batteries recycling industry. (Economic Information Daily)

7. Tsinghua and other 985 universities offer HarmonyOS courses.

21 985 colleges and universities including Tsinghua University, Shanghai Jiaotong University and Harbin Institute of Technology have all offered courses on Huawei’s HarmonyOS system. From the courses offered, the main contents are HarmonyOS principle and application development course, Web programming technology course based on HarmonyOS, intelligent system new engineering course integrating HarmonyOS technology, etc. It is reported that this kind of course is a collaborative education project of industry-university cooperation between Huawei and universities under the guidance of Ministry of Education of the People’s Republic of China. (First Electric)

8. The production line of the world’s first 256-line gauge lidar will be put into mass production soon.

Dr. Li Yuan, CEO of Beixing (Beijing) Photonic Technology Co., Ltd. recently revealed that the world’s first production line for mass production of 256-line car gauge lidar jointly built by Beixing and Jabil has been basically completed and will be officially put into production in the near future. This means that the mass-produced car gauge lidar with the highest number of lines in the industry is about to usher in mass production. According to Dr. Li Yuan, this is a highly automated production line with digital control, which can realize the automated production of more than 100 laser radar core processes, and meet the mass production requirements of multi-model high-precision laser radars, with a total annual production capacity of more than 300,000 units. (First Electric)

9. Guangzhou will restrict the passage of electric bicycles in some sections.

From December 15th, Guangzhou will restrict the passage of electric bicycles in some sections. If the initial plan is fully implemented, the daily needs of residents such as take-away delivery and picking up children from school will be affected in the restricted area, so this plan is controversial. (Caixin. com)

10. OpenAI confirmed the development of GPT5, which may have super intelligence.

OpenAI has started to build the next generation artificial intelligence model ChatGPT 5. Sam Altman, CEO of the company, confirmed the news and claimed that this model may have super intelligence, but to achieve this goal, it needs further investment from its long-term partner Microsoft. Altman also said that technically, it is difficult to accurately predict what new functions and skills the model may have. (First Electric)

11、NVIDIA releases new generation chip H200.

On the evening of November 13th, Beijing time, NVIDIA released a new generation of artificial intelligence (AI) processor H200. This is a graphics processor (GPU) designed to train and deploy various artificial intelligence models. The new H200 GPU is an upgraded product of the current H100, which integrates 141 GB of memory. When used for reasoning or generating answers to questions, the performance is improved by 60% to 90% compared with H100. (Sina Technology)

12. US solid-state battery developers have delivered the first batch of samples to BMW.

Recently, Solid Power, Inc, an American developer of solid-state battery technology, announced in the company’s third-quarter financial report that its first batch of sample A batteries had entered the stage of loading verification. According to the press release, Solid Power has delivered the first batch of A-1 electric vehicle batteries to BMW, and revealed that the delivery of BMW’s demonstration car project is on the right track, which means that the company’s solid-state batteries have officially entered the stage of loading verification. (Cailian)

13. BYD looks up to the official map of the Yi Sifang concept car.

BYD’s Lookup Auto will release the Yifangfang concept car at this Guangzhou Auto Show. In terms of appearance, this test drive is modified on the basis of Lookup U8. The whole body adopts hollow design, even the front windshield is omitted, and the center console and other configurations are removed inside, and the rear row is covered with roll cages. According to reports, this concept car is mainly to show the special features of the easy square technology. The steering column and brake calipers are removed, and the steering and braking of the vehicle are completely realized by the precise control of the four motors by the easy square platform. (First Electric)

14. The life of zinc battery is greatly increased, and it is expected to be comparable to lithium battery.

Compared with lithium-ion batteries, zinc-ion batteries have the ability to store a lot of energy and the risk of fire is lower. However, repeated charge and discharge cycles often lead to the formation of dendrites on the surface of zinc, thus reducing the life of the battery. The research team combined the biopolymer xanthan gum with the ionic conductive polymer to form the protective film of the battery electrode. The protective film is rich in oxygen functional groups, which can make zinc evenly deposited on the electrode surface, and the dendrite problem is obviously alleviated. Even after repeated charge and discharge for 200 days, the film shows remarkable stability. (First Electric)

15. China’s first lithium battery with wide temperature range appeared at the Hi-Tech Fair.

The 25th China International Hi-tech Fair, or Hi-Tech Fair, is being held in Shenzhen. At this high-tech fair, the research team of China Academy of Sciences brought a wide-temperature lithium battery that can be used normally in the range of minus 70 degrees Celsius to plus 80 degrees Celsius, providing technical support for the use of new energy vehicles in extreme temperatures such as winter. (First Electric)

Author: why

Source: First Electric Network (www.d1ev.com)

A few days ago, its brand-new model, King Kong Gun, officially opened for pre-sale, and the pre-sale price range of the new car was 90,000-120,000 yuan. The new car is positioned in a fashion business pickup truck, which looks more beautiful and fashionable on the whole, and continues to be equipped with a 2.0T gasoline engine and a 2.0T diesel engine.

In terms of appearance, the front face of the King Kong cannon adopts a blasting-launched honeycomb mesh, with rough chrome decoration around it, and the overall design is very domineering. The matrix headlights on both sides are also integrated with the China Net, and the super-large design looks very harmonious, which makes the front face of the whole vehicle highly recognizable.

On the side, the waistline design of King Kong Gun looks very sharp, and the unique design makes it look more three-dimensional. In addition, the wheel hub design is also very cool. The two-color wheel hub with internal color-changing calipers has a strong sense of movement visually, just like a sports pickup truck. As for the rear part, the new car adopts U-shaped double magnetic stereo taillights, and the protruding double U-shaped taillights are matched with penetrating lines, which is more stereoscopic and more integrated.

In terms of power, the new car will continue to provide two kinds of power: a 2.0T gasoline engine and a 2.0T diesel engine. Among them, the maximum power of the 2.0T gasoline engine is 145kW and the maximum speed is 170 km/h; The maximum power of 2.0T diesel engine is 122kW and the maximum speed is 160km/h.. In addition, the company will also provide two-wheel drive and four-wheel drive, as well as three container forms: standard container, long container and flat-bottomed container, so as to meet the diverse needs of users.

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)

　　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.

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

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.

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.

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.

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.

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.

On November 17th, the 21st Guangzhou International Automobile Exhibition was grandly opened. Jietu Automobile and traveler C-DM made a heavy appearance at Guangzhou Auto Show, and it is expected to be listed in the first quarter of 2024, opening a new energy moment for off-road travel!

Jietu Voyager C-DM is another masterpiece of Jietu to deepen the "travel" market segment, expand travel scenes and build travel car products. On the basis of continuing the off-road advantages of travelers in beauty, pleasure, city and wilderness, the power system composed of 1.5T hybrid special engine and three-speed super electric hybrid is rejuvenated to create advantages of high energy saving, high performance, high safety and high intelligence, which will fully meet users’ new energy travel needs.

High energy saving, high performance, mixed blessing to enjoy all-weather comfortable life.

With many advantages of new energy, Jietu traveler C-DM empowers new cross-country experience. It is equipped with one of the most advanced hybrid systems in the world-Chery Kunpeng Super Hybrid C-DM. This system won the "China Heart" Top Ten Engines and Hybrid Systems in 2023, which embodies Chery’s technical accumulation for many years and has two advantages: high efficiency and low energy consumption.

Three-speed super electric hybrid is the most advanced and dynamic hybrid gearbox at present. Its dual-motor drive +3-speed DHT has both performance and comfort, bringing a silky driving experience. With the blessing of the hybrid system, Jietu traveler C-DM can provide abundant explosive power whether in outdoor travel or daily commuting.

While achieving high performance, Jietu Traveler C-DM is also ahead of its peers in core indicators such as cruising range and energy consumption that users care about. It is equipped with a 43.2kW battery pack, with a pure battery life of 200km+ and a comprehensive cruising range of 1000km+. The dual energy form of oil and electricity can eliminate potential mileage and charging anxiety, at the same time, it can significantly reduce the cost of car use and spend more budget on experiencing a beautiful trip.

With sufficient battery power, the "mobile camping room" where the vehicle avatar can move at any time can also maintain power supply when parking and staying, and the air conditioner can operate independently when the engine is not started, so as to enjoy the best temperature all day, and at the same time, it is not afraid of engine loss, making it an excellent companion for camping.

High security, high intelligence, to create a safe fortress that can be used in cities and wild areas.

As a travel SUV to cross mountains and seas, safety is undoubtedly one of the core performances, among which battery safety is the most important. Jietu Voyager C-DM adopts Contemporary Amperex Technology Co., Limited brand batteries to achieve world-class battery safety, and protects against collisions and wading that may occur during driving, and is additionally equipped with multi-layer protection measures such as charging protection and high voltage protection, which can effectively prevent short circuit, overcharge and overdischarge of batteries. The chassis is protected by battery compartment, so it is safe to travel anywhere.

On the basis of ensuring battery safety, Jetway Traveler C-DM continues the ultra-high body lightness of the station wagon. Its body strength has reached submarine level, its torsional stiffness is 31000Nm/deg, and its deformation is less when it is hit. Structurally, the new car adopts steel cage body structure, with high-strength steel accounting for 80%, and adopts integrated laser tailor welding, which can effectively disperse the impact pressure to the whole body.

An interesting and easy-to-use car system during the trip will enhance a lot of fun. The 15.6-inch central control giant screen in the car is comparable to the "game book", which is more accurate in operation and has a better look and feel, and has an excellent display texture. Matching it is Qualcomm Snapdragon 8155 chip, which can run a variety of car software smoothly, alleviating the boredom during the journey.

Sitting in a comfortable seat, you can also enjoy the music-level surround cockpit, 12-channel SONY top audio configuration and 360 stereo surround sound, which can bring an immersive audio-visual feast. Of course, users don’t have to worry about the health problems in the car at all. Jietu Traveler C-DM selects 100+ kinds of environmental protection materials, and there is no odor in the new car state. Through CN95 high-efficiency filter element, negative ion fresh air system and demagnetization technology, the five-star healthy cockpit experience is realized, and the effect of relaxation is achieved.

As the vanguard of Jietu’s new energy transformation, an important laggard in the "Travel+"2.0 era, and another new member of the traveler’s car system, the arrival of Jietu Traveler C-DM further improves the layout of Jietu brand’s new energy products, redefines travel products with the superposition advantages of new energy and intelligence, and helps every "traveler" to cross the mountains and reach poetry and far away!

　　CCTV News:The symposium on "Sino-Russian Civil Aviation Cooperation and Financial Support", a series of seminars on "Sino-Russian Industrial Investment Cooperation" jointly sponsored by Silk Road Planning Research Center, CITIC Reform and Development Research Foundation, China Russian Friendship Association and Qinhuangdao Municipal People’s Government, was successfully held in Beijing yesterday. More than 220 guests from more than 130 units of Chinese and Russian industrial and commercial circles gathered together. Chen Yuan, Vice Chairman of Chinese People’s Political Consultative Conference, Chairman of Silk Road Planning and Research Center and President of Russian Friendship Association in China, delivered a keynote speech. Dmitry fyodorovich Mezentsev, member of the Russian House of Lords, president of the Russian China Friendship Association and former Secretary-General of the Shanghai Cooperation Organization, attended the seminar and delivered a speech.

　　Chen Yuan first expressed warm congratulations on the success of the seminar and extended warm welcome and cordial greetings to all the guests present. He said that in the past 20 years, Sino-Russian relations have become increasingly close, and friendly and extensive cooperation has been carried out in many economic fields such as energy industry, equipment industry, commerce and trade, light industry, agriculture, etc., and a good trend of promoting each other and learning from each other’s strengths has been achieved. Russian aviation industry has long been an important force in the world aviation industry. In recent years, the establishment of United Aviation Manufacturing Group indicates that Russian aviation industry has returned to the normal road of orderly development, new products are constantly emerging, and foreign cooperation has also achieved fruitful results, trying to return to the first group in the world aviation manufacturing industry. These are all reliable foundations for future cooperation between China and Russia in civil aircraft industry.

　　Chen Yuan emphasized that looking forward to the future development prospect of Sino-Russian cooperation, on the basis of continuing to develop the traditional energy economy such as oil and natural gas, China and Russia need to increase cooperation and promote common development in the field of non-energy economy. Under the pattern of cooperation in the field of non-energy economy, it is the best way to select specific industries for complementary development. The most prominent and urgently needed complementary advantages between China and Russia are in the field of civil aviation industry, joint research and development and joint manufacturing of major aircraft projects. At present, China and Russia have begun to promote large-scale wide-body passenger aircraft and heavy helicopters in the field of civil aviation industry. The joint development of civil aviation industry between China and Russia is a natural complementary pattern, and the basic industrial conditions can form a mutually beneficial pattern.

　　Chen Yuan believes that China’s civil aircraft industry is currently facing an industrial leap from single-aisle passenger aircraft to wide-body passenger aircraft, and China Commercial Aircraft Co., Ltd. C919 will complete its first flight in 2017 and move towards the engineering development stage of airworthiness and evidence collection. The Sino-Russian joint working team of C929 is being set up, and the planning of engineering development has begun. China’s cooperation and promotion model in the field of civil aircraft industry can refer to and draw lessons from the historical successful experience of the establishment and development of EADS, a European Airbus Group, with clear strategic objectives. At the same time, it can take the lead in making innovative breakthroughs from financial support and support Sino-Russian cooperative enterprises to jointly develop a number of aviation branch technologies. With incubation and investment, we will guide the potential supplier enterprises of China and Russia to quickly match the models and parts of products with wide-body passenger aircraft and heavy-duty helicopter projects. We hope that both China and Russia can follow the pattern of joint development of airframe composite materials of Airbus in Europe and establish priority financial support projects for cooperation between Chinese and Russian enterprises.

　　Mezentsev highly agreed with Chairman Chen Yuan’s speech and conveyed Russian Minister of Industry and Trade Manturov’s concern and support for this seminar. He hoped that the seminar could start from the aspects of trade, equipment and civil aviation, and strive to reach the plan to be implemented in cooperation, forming new achievements and new standards for cooperation between the two sides.

　　Emelianov Sergey Fraki milovic, Director of Aviation Industry Department of Russian Ministry of Industry and Trade, Lobov Ollego Gennadiyevich, Director of International Cooperation Department of United Aviation Manufacturing Corporation, Petrov Victor Fraki milovic, Head of Aviation Integrated Facilities of Russian National Technology Corporation, Parkin Vladimir Anatolievich, General Manager Advisor of baranov Central Aeroengine Research Institute, and other representatives of Russian enterprises spoke at the plenary meeting in the morning.

　　He Dongfeng, Vice Chairman, General Manager and Deputy Secretary of the Party Committee of China Commercial Aircraft Co., Ltd., Pang Zhen, Minister of Civil Aircraft Industry of aviation industry corporation of china, Gong Haiping, Director of Civil Aircraft Office of China Aviation Engine Group Co., Ltd., and leaders and experts from leading Chinese civil aircraft manufacturing enterprises spoke at the conference. Yang Yu, Vice President of CITIC Bank, and Si Xinbo, Deputy General Manager of Silk Road Fund delivered speeches on behalf of financial institutions. Jiang Zhigang, vice chairman of Silk Road Planning and Research Center, presided over the morning meeting.

　　In addition, more than 50 important leaders and well-known experts from the political, business, financial and academic circles of China and Russia, as the main speakers, expressed their unique opinions at the group discussion in the afternoon to discuss major issues such as Sino-Russian civil aviation cooperation and financial support.