月度归档： 2024 年 4 月

The brand-new BYD Han is officially listed, and the EV version starts at 269,800／DM.

On April 10th, the brand-new BYD Han series was officially launched. The new cars are divided into three series according to the power type, among which there are three models in EV Chuangshi Edition, and the price range after comprehensive subsidy is 269,800 to 288,600 yuan. In addition, there is a limited edition of Qian Shan Cui, which sells for 329,800 yuan. There are 4 DM-i versions, and the price range after comprehensive subsidy is 215,800 to 289,800 yuan; Finally, there is one DM-p version with a price of 319,800 yuan. At this point, BYD’s "Dynasty" series finally achieved DM-i full coverage.

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At the same time, BYD also announced the listing rights of new cars, including the lifetime warranty of non-operating vehicles (the first owner), the replacement subsidy of 4,000 yuan, free car replacement, free airport parking, free installation of charging piles for the first owner, and 2 years of free car traffic (5GB/ month).

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■　EV Edition: A More Powerful New Big Man

Regarding the static introduction of the new Han EV, you can watch the video analysis we made before, and refine the differences between several new versions and the previous generation Han EV in design and modeling.

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The first is the fine-tuning of the size. Compared with the previous version, the new BYD Han EV is 15mm longer, while the width, height and wheelbase remain the same. Therefore, although the new Han has become bigger, it is not obvious from the body shape. However, on the other hand, the captain of 4995mm can still enhance the competitiveness of the new Han EV in the same level market.

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Secondly, the power has become stronger, especially its front motor, the maximum power is 180kW, and the peak torque can reach 350Nm, which is obviously improved compared with the previous generation of Han EV, while the rear electric drive parameters of the dual-motor four-wheel drive version have not changed, and its comprehensive maximum output is 380kW, and the comprehensive peak torque can reach 700Nm.

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The third is the increase of endurance. With the blade battery of 85.4kWh, the new Han EV has a cruising range of 610km and 715km under CLTC comprehensive working conditions, even at the lowest level, it runs farther than the super-long endurance version of the previous generation Han EV.

In addition, it is worth noting that at present, many large and medium-sized pure electric cars with endurance of 700km or more on the market have battery capacities ranging from 90kWh to 100kWh, but the brand-new Han EV can achieve the same effect only by being equipped with 85.4kWh battery pack. It must be said that BYD still has deep technical reserves in the three-power technology.

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In the intelligent part, the new Han EV is mainly upgraded on DiPilot intelligent driver assistance system. The new car will be equipped with 22 sensing components, and at the same time, it will add functions such as highway driving assistance and emergency avoidance assistance, which can better provide accurate and efficient help for drivers.

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In terms of intelligent cockpit, the new Han EV will be equipped with DiLink 4.0 intelligent network connection system as standard, as well as high-end configurations and functions such as 5G quick connection, dual-frequency positioning, four-tone voice interaction, HiFi-level customized Tanner audio, W-HUD head-up display, DMS fatigue driving warning system, etc., and at the same time support remote upgrade of OTA of the whole vehicle.

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In the new Han EV series, there is also a limited edition of Qian Shan Cui, which not only has an exclusive green color scheme, but also has exclusive configurations and interior and exterior decoration kits such as high-grade suede seats, sports interior kits, UWB digital keys and high-performance stone green four-piston pliers. In terms of power, the power system of this model is the same as the "610KM four-wheel drive exclusive type" of the conventional Genesis version.

■　How to choose the new Han EV?

Among the four models, which version of the new Han EV has the highest cost performance? First of all, from the power point of view, the new Han EV can be regarded as two single-motor front-wheel drive models and two-motor four-wheel drive models, so if consumers need four-wheel drive systems, they can only choose from the "610KM four-wheel drive exclusive model" of 288,600 yuan, and if there are higher requirements for battery life, I think the "715KM distinguished model" is completely sufficient.

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Because as the basic model of the new Han EV, its configuration itself is rich enough, and it can meet most of the daily needs in terms of quality and experience, and even a little surprise.

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Of course, the entry level is not the most comprehensive in terms of intelligent driving assistance. If there are high requirements for this part of the configuration, I suggest choosing the "715KM flagship type" because there is not much difference between it and the "four-wheel drive exclusive type" in terms of driving assistance configuration, and the price is only 17,700 yuan more expensive than the entry level, which is still relatively cost-effective.

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■　DM-i/p Edition: The Strongest "Chinese"

For the static introduction of the new Han DM-i, you can click on the video to analyze and watch it. As for the DM-p version, there is no obvious difference between it and the new Chinese DM-i version in appearance and interior design, but it has improved its power performance, and it is also the most powerful version of the new Chinese system.

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The power system of the new Han DM-i/p version consists of Xiaoyun-Plug-in special turbocharged 1.5Ti high-efficiency engine and driving motor, in which the maximum power of the engine is 102kW and the peak torque is 231Nm；. In the driving motor part, the DM-i version will be equipped with a front single motor and two parameter versions, while the DM-p version will be equipped with front and rear double motors.

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If we simply superimpose the parameters of the DM-p version of the drive motor, it is concluded that its comprehensive maximum power is 360kW and its peak torque is 675Nm, which is very close to the performance of the previous generation of the most powerful EV. In addition, with an efficient engine, the performance can be imagined. No wonder the acceleration of 100 kilometers is only 3.7s s.

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In addition, in terms of endurance and fuel consumption, the new Han DM-i version has a fuel consumption of 4.2L to 4.5L per 100 kilometers under NEDC working conditions, and the comprehensive cruising range can reach 1300km, and the longest pure battery life can reach 242km；; The DM-p version has a pure battery life of 206km and a fuel consumption of 5.2L per 100 km under NEDC conditions.

Interestingly, although the new Han DM-i/p is equipped with a relatively complicated plug-in system, especially an engine, in terms of size, these two models are 5mm shorter than the previous generation Han EV, but other parameters have not changed, and the wheelbase is also 2920 mm.

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In terms of configuration, the new Chinese DM-i/p version is the same as the EV version, which is equipped with a more intelligent DiPilot intelligent driver assistance system and rich intelligent, comfortable and convenient configurations and functions.

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■　How to choose the new Chinese DM-i/p?

In terms of purchase, we see that all the new Han DM-i versions are precursors, while DM-p is a four-wheel drive, so there is only one option for the four-wheel drive power system. In the DM-i version, the "242KM flagship" with a price of 289,800 yuan is the most powerful and has the longest pure electric endurance. If you pursue the ability to travel, it is recommended to choose this one.

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If we consider the configuration, first of all, in the intelligent driving assistance part, we can see that the "242KM flagship" and DM-p version have the most complete number of sensors and auxiliary functions, so if the configuration requirements for this part are higher, the "242KM flagship" is more cost-effective.

Comparison of Chinese DM auxiliary configuration. jpg

However, in terms of safety, comfort and convenience, the functions of the new Han DM-i series are already very comprehensive. If you want a higher-level configuration, I suggest starting with the "121KM distinguished model" with a price of 225,800 yuan, because there are many identical configurations on the "flagship model" on it, but the price difference is at least 64,000 yuan.

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■　Bangpingdian

On the whole, the timing for BYD to launch a brand-new Han series is very good. On the one hand, because many heavy products of the same type have been delivered or listed recently, this market segment has become one of the focuses of attention inside and outside the industry. At this time, listing is easy to get better communication effect; On the other hand, it is the time when the brand announced the sales volume and delivery volume at the beginning of the month. BYD’s production and sales data in March performed well, showing excellent brand health, and at the same time boosting the confidence of many consumers who intend to buy BYD models. I believe it can also help the brand-new Han series to get more orders.

As for the specific model competitiveness, I think that Han EV, as the first "veteran" to enter the medium and large-sized pure electric car market, has kept up with the pace of market evolution in time after this update, and has renewed its vitality and maintained its strong competitiveness.

The brand-new Han DM-i/p series actually has no specific competitors in a strict sense. The medium and large plug-in hybrid cars on the same track with it are basically BBA brands of more than 500,000, such as BMW 5 Series plug-in hybrid and Volvo S90 RECHARGE. Therefore, the new Han DM-i/p series will gain more market opportunities and the sales volume can be expected.

In August, the sales volume of 25,987 units in Han jumped to the fifth place, and BYD really realized its own brand upward？

Lead: A few days ago, the Passenger Transport Association released the express of retail sales ranking in August 2022. Among them, in the Top15 of the car market, BYD emerged three models, namely BYD Qin (37,511 units), BYD Han (25,987 units) and Dolphin (23,298 units). It must be said that from the performance in recent months, BYD really got up. Today, the model we want to talk about is BYD Han. This model with an average price of 250,000+has sold more than 20,000 for four consecutive months, which is obviously worth mentioning separately.

Reasons for BYD Han’s sales from 10,000+to 20,000+

From February to April this year, BYD Han’s sales performance showed a steady increase, but they all hovered around 10,000 units. In May, BYD Han’s sales increased by leaps and bounds to 20,000+,and it has achieved a month-on-month growth for four consecutive months. Then, from 10,000+in April to 20,000+in May, what is the reason behind the sharp increase in BYD Han’s sales?

In fact, BYD launched a brand-new BYD Han model in April, in which the popular DM-i super hybrid was replaced for Han’s hybrid model, although it arrived late; At the same time, the Han EV model also uses a larger battery in exchange for longer battery life and stronger power. At the same time, compared with the old model, the new model has been obviously upgraded in appearance, interior, configuration, car machine and other parts, and the comprehensive product strength has been improved more than a little compared with the old model. Therefore, in terms of attractiveness and competitiveness, this car is naturally much stronger.

From the above, it is not difficult to find that the overall progress speed of BYD is not limited to new energy technologies, which is visible to the naked eye. In 2020, BYD Hanxiang was launched, and in the past two years, BYD Hanxiang has made many innovations. One month after the listing of the brand-new BYD Han, the sharp increase in market sales performance is also the best embodiment of BYD Han’s strength.

Is BYD’s brand going up?

So, judging from BYD Han’s sales performance and BYD’s average bicycle price, has BYD’s brand upward road achieved results?

Undeniably, BYD is the only independent brand that has an average transaction price of 250,000+and can sell 20,000+in a single month. At the same time, this performance makes BYD naturally hook up with the brand.

Only when you have strength can you have confidence. Relying on leading technologies such as DM-i, blade battery and independent power generation, BYD dares to enter the market of 200,000-300,000. Of course, from the overall performance, it is not just to raise the price to gain high-end recognition, but to be able to live up to its price in comprehensive strength, and at the same time, it is relatively superior to the joint venture competing models of the same level and price, whether in Han or Tang.

On the whole, BYD, whose price range covers 40,000-340,000 yuan, successfully surpassed Volkswagen’s 145,400 yuan with an average price of 153,200 yuan in January last year, and it is still showing an upward trend. According to the latest data this year, BYD’s average transaction price rose to 174,000. It is obviously very convincing to compare it with the best-selling and most recognized public in China. Of course, it is not difficult to find that BYD is now catching up with the joint venture brand represented by Volkswagen in all directions. This can’t help but make people sigh that Volkswagen may still be the same Volkswagen, and BYD is not the same BYD as before.

Obviously, the increase in the average price of BYD models is not only brought by the brand’s mid-to high-end models. In the 100,000-200,000-level market, the prices of BYD-related models have also increased significantly compared with the past. For example, the price of Qin PLUS for A-class cars has been confidently set at 175,800, and the new energy price of Song PLUS has reached 216,800. Similarly, its price increase is driven by product strength. The above two, the sales results in August were 38,000 and 42,000 respectively.

Therefore, considering the average bicycle price and overall sales volume, we can’t deny that BYD’s brand is on the way up.

BYD has set up a beam of light for its own brand.

In the past two years, most of the independent brands have been shouting about brand upward, and they have also put them into practical action, but the benefits and effects are very small. As we all know, most self-owned brands start with low-end models, so their impressions in the eyes of Chinese people are relatively low-end. Now, although it takes a lot of practical actions to make brands go up, it is undoubtedly not easy for consumers to recognize them. Difficult, but it doesn’t mean impossible. The initial success of BYD’s high-end brand has undoubtedly made a good start for other independent brands that take the road of brand upward, and at the same time set up a beam of light.

BYD’s success, in addition to taking the lead in identifying the forward-looking vision and strategy of the new energy track, we also need to pay attention to the leading strength of new energy technology and products themselves.

The penetration of new energy wave has undoubtedly opened up a new track for the market, and this track is also the most likely place for independent brands to succeed.

Nowadays, independent brands have gradually entered this new energy track. We can not only see BYD at the forefront, but also the hybrid technologies and models of these fast-responding independent brands, such as Geely Raytheon, Chery DP-i, Great Wall Lemon, Changan IDD, followed closely and chased after BYD’s leading position.

Achuan pingche

Generally speaking, from the success of BYD’s high-end model, Handan’s monthly sales volume of 20,000+,to BYD’s rapidly increasing average bicycle price and excellent sales volume, we can see the fruitful results of BYD’s focus on new energy. At the same time, it also points out a direction for other independent brands to go up, that is, to enter the new energy track. I hope that in the next few years, we can see more independent brands relying on the new energy track to complete the brand-up strategy and surpass the joint venture brands in an all-round way. (Text /Shen)

Covers an area of 718,000 square meters! The Secret of Xiaomi Automobile Factory： The roof is covered with photovoltaic panels to generate 16.4 million kWh of electricity every year.

　　On April 17 th, Xiaomi technical officer Wei issued a document today, officially revealing the Xiaomi automobile factory.

　　Xiaomi Automobile Factory is located in Beijing Economic and Technological Development Zone, covering an area of 718,000 ㎡, including R&D test base, six workshops of stamping, die casting, body, painting, battery and final assembly specially built for new energy vehicles, and a test track with a total length of 2.5km.

　　In addition, there is Xiaomi Automobile Factory Store, which is a smart park integrating R&D, production, sales and experience.

　　Xiaomi emphasized that the group has always been committed to sustainable development, and Xiaomi Automobile Factory also adhered to this concept at the beginning of its establishment.

　　In addition to the control of waste gas and wastewater in production, a variety of green renewable resources have been utilized.

　　All the domestic wastewater and production wastewater are brought into the sewage station for treatment, which greatly improves the efficiency of sewage treatment. After pretreatment of production wastewater, mixed sewage treatment, miscellaneous water treatment and reclaimed water treatment system, the proportion of wastewater in the factory can reach 50%.

　　The roof of the factory is equipped with a 16.2MW distributed photovoltaic power station with a total area of 154,579 square meters, and the estimated annual power generation is about 16.4 million kWh.

　　The photovoltaic project is expected to have a service life of more than 25 years, which can provide renewable energy for Xiaomi automobile manufacturing for a long time, reduce carbon emissions by about 9905 tons annually, and absorb carbon dioxide equivalent to 540,000 trees annually.

＂Transformers 7＂ exposure forecast 6.9 Autobots all attack on the big screen.


1905 movie network news　A few days ago, the film released the "All Army Attack" notice, rap ally GAI called, all the autobots were in place, and the Big Mac camp ushered in the big screen debut!It is not difficult to see from the preview that "Transformers: The Rise of the Super Warriors" will bring an unprecedented experience to the audience.



The strongest villain in the Transformers series, the Universe Emperor, parachuted into the air. He sent a fear beast headed by natural disasters to the earth to launch a siege against the Autobots. At the desperate moment, the long-dormant Big Mac appeared, and Optimus Prime Optimus Primal combined with the big screen for the first time. When they combined, they shouted "Autobots, Big Macs, Deformation and Departure!" The slogan, the atmosphere instantly burns to the extreme. In the ultimate war, Autobots, Big Macs, and human beings join hands to meet the fear beast and the giant scorpion army. The explosion of the deformation confrontation and the grandeur of the action scene will surely detonate the big screen!



"Transformers: The Rise of the Warriors" will feature many Transformers characters, four times as many as the movie, and their shapes, sizes and personalities are different. The producer said: "We have introduced many brand-new decent and villain characters into the movie, which is like a feast for fans, full of Transformers that have never been seen in previous movies." In the Autobots camp, apart from Optimus Prime and Bumblebee, which are familiar to the audience, the new role phantom is very bright, the exclusive avatar skills are dazzling, and the cheerful and talkative personality is also very popular. As many people’s childhood memories, Big Mac landed on the big screen for the first time, and it was full of feelings to see Optimus Primal leading Airazor, Huang Bao Warriors and rhinoceros Warriors to the front. The villain’s natural disasters, nightingales and traps are amazing, and they are evenly matched with Autobots and Big Macs, which will present the audience with a long-lost big screen shocking spectacle!


The dazzling and high-burning action scenes of the film also conquered the media at the premiere, and received rave reviews. Baidu video said: "The special effects are very realistic, the visual effects are good, and the fighting scenes inside are also exciting." The 1905 film network praised: "The combination and confrontation between human beings and the three camps of Autobots, Big Mac and Fear Beast not only upgraded the visual effect and expanded the action scene, but also properly expressed the core theme that in the face of evil and disaster, no matter which race, only concerted efforts can resist everything." The new characters appearing in the film are also widely loved. WANDA CINEMAS thinks: "Two new camps, the Big Mac and the Fear Beast, are introduced. The collision between animals and machinery makes people rediscover the blood that first saw the deformation scene." Sohu Entertainment can’t hide its love for Phantom: "The role of Phantom is a surprise, a chatterbox, and a social cow. Compared with other calm autobots, it is more naughty and friendly, and it is connected with the local atmosphere."


Transformers: The Rise of the Super Warrior is directed by, starring, and Peter Claver Cullen, Ron Pullman, Peter Dinraki, and others are involved in the dubbing. It has been scheduled for June 9, so stay tuned.


[Early know] A new round of large-scale conflict broke out between Palestine and Israel; Zhejiang Guoxiang IPO brakes Shanghai Stock Exchange will carry out special verification.

　　[Abstract] Zhuozhao dispensing today; Main market performance during the long holiday: China’s assets generally rose, international.A sharp drop; The spokesman of the Ministry of Commerce answered the reporter’s question on the inclusion of some China entities in the export control "entity list" by the US Department of Commerce; Shanghai and Shenzhen Stock Exchanges: At present, the time for T+0 trading in A-share market is not mature;The IPO braked suddenly, and the Shanghai Stock Exchange will carry out special verification; manufacturing industryIt rose for four consecutive months and rose to the expansion range for the first time since April; Many data of long holiday travel have exceeded before the epidemic; National Film Bureau: National Day box office 2.734 billion yuan; Sudden change in the Middle East! The largest armed conflict broke out between Palestine and Israel in several years; US non-farm payrolls data in September far exceeded expectations.

　　Hot spot focusing

　　1. The spokesman of the Ministry of Commerce answered a reporter’s question on the inclusion of some China entities in the export control "entity list" by the US Department of Commerce.

　　A spokesman for the Ministry of Commerce answered a reporter’s question on the inclusion of some China entities in the export control "entity list" by the US Department of Commerce.

　　A reporter asked: On October 6, 2023, US Eastern Time, the US Department of Commerce announced that some Russian entities were included in the "list of entities" for export control. What is China’s comment on this?

　　A: China has noticed the relevant situation. In a short time, the United States once again listed some Russian enterprises in the "entity list" of export control on the grounds of so-called involvement in China. The United States has generalized national security, abused export control measures, and arbitrarily imposed unilateral sanctions and "long-arm jurisdiction" on China enterprises. This is a typical act of economic coercion and unilateralism, which China resolutely opposes.

　　The United States should immediately correct its wrong practices and stop its unreasonable suppression of China enterprises. China will take all necessary measures to resolutely safeguard the legitimate rights and interests of enterprises in China.

　　2. Shanghai and Shenzhen Stock Exchanges: At this stage, the time for T+0 trading in the A-share market is not mature.

　　Relevant person in charge of Shanghai and Shenzhen Stock Exchanges answered questions from reporters. Q: Recently, it has been reported from the media that the trading hours of A shares will be extended after the holiday, and T+0 trading will be tried out on some stocks. How do you comment on this? A: We are concerned about the above rumors, and the relevant contents are not true. On August 18th this year, when answering a reporter’s question on activating the capital market and boosting investors’ confidence, the relevant person in charge of the CSRC proposed to study the appropriate extension of the trading hours in the A-share market. This work involves a wide range and has a great influence. The Exchange is conducting in-depth research and demonstration in accordance with the unified deployment of the CSRC. In addition, the relevant person in charge answered the reporter’s question in the early stage and made it clear that the time for T+0 trading in the A-share market at this stage is not mature.

　　3. IPO slams on the brakes. The Shanghai Stock Exchange will carry out special verification.

　　Near the subscription date, (603361)IPO presses the pause button. The Shanghai Stock Exchange also paid close attention to this matter, saying that it would conduct a special inspection on Zhejiang Guoxiang. On the evening of October 7, Zhejiang GuoxiangDue to relevant media reports, in order to effectively protect the interests of investors, the issuer and the lead underwriter decided to suspend the subsequent issuance work until the relevant matters are verified and clarified. The estimated issuance schedule disclosed in the original Announcement on Issuance Arrangements and Preliminary Inquiry will be adjusted. Zhejiang Guoxiang was originally scheduled to purchase on October 9th (T-day) after the National Day. In answering a reporter’s question, the Shanghai Stock Exchange said that recently, there have been media concerns about the existence of the same asset secondary listing and high issuance pricing in Zhejiang Guoxiang. In this regard, the Exchange said that it has paid attention to relevant reports. The relevant information reflected from the media has been paid attention to in the audit and a special inquiry has been made. At present, Zhejiang Guoxiang has suspended the IPO issuance process.

　　In April and September, the purchasing managers’ index of China’s manufacturing industry was 50.2%, up 0.5 percentage points from last month.

　　In September, the purchasing managers’ index (PMI) of China’s manufacturing industry was 50.2%, up by 0.5 percentage point from the previous month. After running below 50% for five consecutive months, it returned to the expansion range. At the same time, the index rose for four consecutive months, and the chain-on-chain increase rate continued to expand, indicating that the economic recovery situation is getting better. Among the 21 industries surveyed, the purchasing managers’ index of 11 industries is above the critical point, two more than last month, and the manufacturing boom has expanded.

　　5. China in SeptemberThe scale was $3,115.1 billion, down $45 billion from the end of August.

　　Statistics from the State Administration of Foreign Exchange show that by the end of September, 2023, China’s foreign exchange reserves stood at $3,115.1 billion, down by $45 billion or 1.42% from the end of August. In September 2023, affected by major economiesInfluenced by policies and expectations, macroeconomic data and other factors, the US dollar index rose and the global financial asset prices generally fell. The scale of foreign exchange reserves decreased in the month due to the combined effects of exchange rate conversion and asset price changes. The overall recovery of China’s economy is improving, and the solid progress of high-quality development is conducive to the continued stability of the scale of foreign exchange reserves.

　　6. Many data of long holiday travel have exceeded that before the epidemic.

　　According to the Ministry of Culture and Tourism, during the Mid-Autumn Festival and National Day holidays in 2023, the cultural and tourism industries recovered strongly, and the national holiday market was stable and orderly. Ministry of Economy, Culture and TourismIt is estimated that during the eight days of Mid-Autumn Festival and National Day holiday, the number of domestic tourists was 826 million, up by 71.3% year-on-year according to comparable caliber, and up by 4.1% compared with 2019 according to comparable caliber; Domestic tourism revenue reached 753.43 billion yuan, up 129.5% year-on-year according to comparable caliber, and up 1.5% compared with 2019 according to comparable caliber.

　　7. Association: September is estimated.The wholesale sales volume of passenger car manufacturers was 830,000, up 23% year-on-year.

　　The Federation comprehensively estimated that the wholesale sales volume of passenger car manufacturers in September was 830,000, a year-on-year increase of 23% and a quarter-on-quarter increase of 4%. According to preliminary estimates, from January to September this year, 5.92 million vehicles were wholesale, up 36% year-on-year. The Federation predicts that in 2023, ChinaThe sales volume of passenger cars is 8.5 million, and the sales volume of narrow passenger cars is 23.5 million. The annual car penetration rate is expected to reach 36%. The current operation state is basically consistent with the forecast.

　　8. State Administration of Taxation: Departments in charge of official vehicles at all levels should increase the use of new energy vehicles.

　　From September 26th to 27th, the State Administration of Taxation was in Hebei.Hold the on-site meeting of new energy vehicle promotion and the national symposium on official vehicle management. The meeting stressed that the competent departments of official vehicles at all levels should fully implement the policy requirements for the promotion of new energy vehicles, strengthen coordination with relevant industry authorities, improve supporting measures, and increase the use of new energy vehicles. It is necessary to pay attention to local conditions and classify policies, better coordinate geographical location, power types, urban-rural differences, and vehicle use, and actively and steadily promote the use of new energy vehicles.

　　9. National Film Bureau: National Day box office was 2.734 billion yuan.

　　According to the statistics of the National Film Bureau, the total box office of National Day movies in 2023 (from September 29th to October 6th) was 2.734 billion yuan, with 65.1 million people watching movies. The domestic movie box office was 2.618 billion yuan, accounting for 95.78% of the market. The top five movies in the National Day box office were: Rock Solid, 883 million yuan, and My Ex-4: Early Marriage, 6.

　　10. IATA: In August, air cargo demand increased year-on-year for the first time in 19 months.

　　On October 8, IATA’s regular data on the global air cargo market in August 2023 showed that the air cargo demand increased year-on-year for the first time in 19 months, with an increase of 1.5% compared with August 2022 according to the freight ton-km. The transportation capacity increased by 12.2% compared with August 2022. The strong growth of transportation capacity is attributed to the 30% year-on-year increase of abdominal cabin transportation capacity. Willie Walsh, president of IATA, said that PMI data is developing in a positive direction, and this signal is even more optimistic as we enter the traditional year-end peak season of air cargo.

　　11. Shenzhen: By 2025, the proportion of new energy and clean energy power vehicles will reach about 60%.

　　Shenzhen Municipal People’s Government issued the implementation plan of Shenzhen peak carbon dioxide emissions. Among them, it is proposed to promote the low-carbon transformation of transportation equipment. By 2025, the proportion of new energy and clean energy power vehicles will reach about 60%, the number of new energy vehicles in the city will reach about 1.3 million, and the number of LNG vehicles will reach more than 20,000.The number of cars is about 2,000; By 2030, the proportion of new energy and clean energy vehicles will reach about 70%, and the number of new energy vehicles in the city will reach about 2 million.

　　12、Reduce the price of some models in the United States

　　On October 6th, official website in the United States showed that the price of some models in the United States was reduced. The price of Model 3 in the United States was reduced from $40,240 to $38,990, and the price of Model Y long-life version was reduced from $50,490 to $48,490.

　　13. Sudden change in the Middle East! The largest armed conflict broke out between Palestine and Israel in years.

　　On October 7th, local time, the Palestinian Islamic Resistance Movement (Hamas) announced that it would launch a military operation against Israel. It not only fired thousands of rockets, but also its armed personnel entered Israel and clashed with the Israeli army. The Israeli army responded by launching several rounds of air strikes in the Gaza.

　　14. The US non-farm payrolls data in September far exceeded expectations.

　　On October 6th, the U.S. Department of Labor announced the changes of non-agricultural employment population and unemployment rate data in September. In September, the number of non-farm employees in the United States increased by 336,000, a sharp increase from the expected 170,000, much higher than the 187,000 in August. This latest data undoubtedly shows the strength of the labor market in the United States, and the number of non-agricultural new jobs exceeding 300,000 is beyond the expectations of all Wall Street institutions. Previously, among large financial institutions, Citigroup gave the highest non-agricultural expectations, but it only added 240,000 people. Investors have more reason to believe that the Fed will remain high.Even in the case of high inflation, further interest rate hikes.

　　15. Major market performance during the long holiday: China’s assets generally rose and international oil prices dropped sharply.

　　During the A-share holiday, US debt was usedThe overseas market represented by it fluctuates obviously.While the overall situation remained volatile, the US dollar index strengthened and the international oil price dropped sharply.

　　In terms of China’s assets, the Hang Seng Index rose by 0.65% and the Hang Seng Science and Technology Index rose by 1.01%.China Jinlong index rose 0.34%, and A50 index rose 0.19%.

　　In terms of US stocks, the Nasdaq rose 1.74%, the S&P 500 rose 0.2% and the Dow fell 0.77%. In terms of European stocks, Germany’s DAX30 index fell 0.61%, France’s CAC40 index fell 0.79%, and Britain’s FTSE 100 index fell 1.41%. In the Asia-Pacific stock market, the Korean Composite Index fell by 2.29% and the Nikkei 225 Index fell by 2.75%.

　　In terms of commodities, gold and oil all showed a correction. London gold has been falling for nine consecutive trading days since September 25th. During the long holiday, it has fallen by about 2%, and COMEX gold has fallen by 1.84%. In terms of crude oil, NYMEX crude oil fell by 9.8% and ICE oil distribution fell by 9.31%.

　　16. The Beijing Stock Exchange revised the relevant guidelines and promoted the transfer in a safe and orderly manner.

　　On October 8, after soliciting opinions from all parties in the market, the Beijing Stock Exchange revised and published "Beijing"Guidelines for Continuous Supervision of Listed Companies of the Stock Exchange No.7-Transfer of Board (hereinafter referred to as "Transfer of Board Guidelines"). According to the experts interviewed, with the official release of the "Transfer Guidelines" of the North Stock Exchange, the transfer listing of the North Stock Exchange will soon enter the practical stage, or it will promote the valuation repair of listed companies in the North Stock Exchange, enhance the liquidity of the secondary market of the North Stock Exchange, and attract more high-quality companies to go public in the North Stock Exchange. The North Stock Exchange said that the transfer mechanism involves the coordinated development of multi-level capital markets. This revision of the Guidelines for Transfer attaches great importance to the protection of investors’ rights and interests, and strives to form an orderly, standardized and normalized transfer arrangement.

　　Theme opportunity

　　1. Ask the new M7 to set a new high in a single day. The supply chain is expected to benefit.

　　According to the official news, the new M7 model of AITO has set a new one-day record during the Mid-Autumn National Day holiday. According to the latest official data, the car reached a "record high" on October 6, with a large number of 7000 vehicles. Since the car was officially listed, the cumulative number of large orders has exceeded 40,000. According to public information, the new M7 in Wenjie is equipped with Huawei ADS 2.0 advanced intelligent driving system, which can realize high-speed and urban intelligent driving without relying on high-precision maps. The new car is equipped with an overhead.27 sensing hardware, including 3 millimeter-wave radars, 11 high-definition visual sensing cameras and 12 ultrasonic radars, support parking service and ultra-narrow parking spaces in the park. In 2023, the sales volume of the world was less than expected for a long time, and the new M7 exceeded expectations to raise the market heat. There is room for exceeding expectations in the future, and related supply chains are expected to benefit. Related companies are、Wait.

　　2、The chip track is hot, and many giants set out to launch their own research products.

　　According to foreign media reports,It is planned to launch the first chip specially designed for support (AI) at the Ignite conference in Seattle on November 14th. At the same time, OpenAI, the developer behind ChatGPT, which exploded this year, is exploring to make its own (AI) chip and has begun to evaluate a potential acquisition target. It is also known that,And Google have strategically integrated their artificial intelligence chips into their cloud business promotion activities. The analysis pointed out that this wave of AI was set off by ChatGPT, which triggered Chinese and foreign scientific and technological enterprises to pursue big language models and generative AI and an arms race for computing power. With the emergence of more complex and multivariate models, high computational powerWill fully benefit. At present, although the heat of generative AI and big model has cooled down compared with the beginning of the year,Waiting for the giants to give a strongAnd future guidance, indicating that the industry is still investing heavily in the AI field, optimistic about the long-term trend of AI development. Related companies are、Wait.

　　3. Huawei’s fully liquid-cooled overcharge station went online.

　　Huawei officially announced on October 4 that the fully liquid-cooled overcharge station built by Huawei Digital Energy was officially launched in the southern Sichuan-Tibet line and along Litang and Aden highways, with a maximum output of 600kW and a maximum current of 600A, known as "one kilometer per second". The success rate of one charge is as high as 99%, and the charging range from 200 to 1000V matches all models, including, Tucki, Ideal and other passenger cars and commercial vehicles such as cargo Lala. Liquid-cooled overcharge technology is based on the traditional air cooling technology, which introduces liquid cooling module to realize efficient heat dissipation and temperature control of equipment. At present, domestic brand car companies(500kW ultra-fast charging), Tucki (480kW single pile), BAIC (480kW) and FAW (350kW) have all been overcharged, and liquid cooling technology has solved the temperature rise problem of overcharge, which has also become the technical layout direction of overcharge stations.It is said that Huawei’s intelligent and electrified layout has good feedback, which is expected to enhance domestic consumers’ acceptance of smart platforms, liquid-cooled overcharges and other technologies.

　　Company news

　　1、: trading in the company’s shares will resume at 9: 00 am on October 9.

　　: The company has applied to the Stock Exchange to resume trading of the company’s shares from 9: 00 am on October 9, 2023.

　　2、: The transaction price of rare earth concentrate in the fourth quarter was adjusted to 20,536 yuan/ton excluding tax.

　　(600111) It was announced on the evening of October 8th that according to the pricing method of rare earth concentrate and the price of rare earth oxide in the third quarter of 2023, the transaction price of rare earth concentrate in the fourth quarter of 2023 was adjusted to 20536 yuan/ton excluding tax (dry weight, REO=50%), and the price excluding tax increased or decreased by 410.72 yuan/ton for every 1% increase or decrease of REO. The company will work withRe-signing the rare earth concentrate supply",and in accordance with the newly signed contract to carry out related transactions of rare earth concentrates.

　　3、: From "Ex 4: Early Marriage"The range is about 73.49 million to 95.45 million.

　　(300027) On the evening of October 8, it was announced that the film "Ex 4: Early Marriage" directed by the main investment of the subsidiary was released in Chinese mainland on September 28, 2023. According to the data of the National Film Office, as of 24: 00 on October 6, 2023, the film was released in Chinese mainland for 9 days, and the cumulative box office income (that is, the cumulative total box office of the film) was about RMB 710 million (the final settlement data may be slightly wrong), which exceeded the audited merger of the company in the most recent fiscal year.50% of operating income. As of October 6, 2023, the company’s operating income from the film was about 73.4882 million yuan to 95.4502 million yuan (there may be errors in the final settlement data). At present, the film is still in release.

　　4、It is planned to purchase 100 C919 aircraft from Comac.

　　(600115) On the evening of September 28th, the company announced that it had signed the C919 Aircraft Purchase and Sale Agreement with Commercial Aircraft Corporation of China (hereinafter referred to as "Comac") and purchased 100 C919 aircraft from Comac. According to the people of China on the signing date of this transaction agreement.According to the published central parity exchange rate of RMB against the US dollar (1 US dollar to 7.1798 RMB), the catalog price of purchasing 100 C919 aircraft this time is about 71.08 billion RMB. The above 100 aircraft are scheduled to be delivered to the company in batches from 2024 to 2031.

　　5、: Xinhua San Information plans to deliver 330 H800GPU series computing servers to Lianhua Kechuang.

　　(600186) It was announced on the evening of September 28th that Lianhua Kechuang, a wholly-owned subsidiary of the company, signed the Purchase Contract with Xinhua San Information, a holding subsidiary of Xinhua San. Both parties confirmed that under this purchase contract, Xinhua San Information delivered 330 H800GPU series computing servers (each server contains 8 GPUs) to Lianhua Kechuang, with a total contract price of 693 million yuan.

　　6、Performance report: the first three quarters5.199 billion yuan, a year-on-year increase of 12.33%.

　　(601888) The performance report was disclosed on the evening of October 8: the net profit in the first three quarters was 5.199 billion yuan, up 12.33% year-on-year, and the revenue was 50.84 billion yuan, up 29.14% year-on-year. During the reporting period, the company paid attention to sustainability and pursued a balanced growth of scale and profit. In the first three quarters of 2023, the gross profit margin of the company’s main business continued to recover, which were 28.75%, 32.47% and 34.27% respectively.

　　7、: The net profit in the first three quarters increased by 25% to 34%

　　(300146) announced on the evening of October 8, it is estimated that the net profit in the first three quarters will be 1.849 billion yuan to 1.979 billion yuan, an increase of 24.77% to 33.55% over the same period of last year. Benefiting from the increase in market demand for many categories of products brought about by the improvement of national health awareness, the company’s domestic and overseas income achieved rapid growth in the first three quarters.

　　8、: The estimated net profit for the first three quarters is 1.2 billion-1.38 billion, with a year-on-year increase of 61%-85%.

　　(300118) The performance forecast was released on the evening of September 28th. In the first three quarters of 2023, it is expected to realize a profit of 1.2 billion yuan to 1.38 billion yuan, up by 60.56%-84.65% year-on-year. Benefit from the company’s component capacity expansion and self-supplyCompared with the same period of last year, the sales volume of photovoltaic module products in this period increased, the sales gross margin increased, and the corresponding sales profit increased. In addition, the company’s overseas component production base began to ship stably in this period, which also had a positive impact on the company’s operating performance.

　　9、: The sales volume in September was 287,500 units.

　　(002594) It was announced on the evening of October 8 that the sales volume in September was 287,500, compared with 201,300 in the same period last year; In September, a total of 28,039 new energy passenger cars were sold overseas. September New Energy Vehicle Power andThe total installed capacity of batteries is about 14.348GWh, and the cumulative installed capacity in 2023 is about 100.931GWh.

　　10、: Obtain the fixed-point book of air suspension system product project.

　　(000887) On the evening of October 8th, it was announced that AMK Company, a subsidiary company, became a batch supplier of air supply unit assembly products for air suspension system of a new platform project of a head new energy brand main engine factory in China. The life cycle of this project is 5 years, and the total amount of life cycle is about 1.64 billion yuan.

　　11、: The subsidiary signed about 65.05 billion yuan.General contracting contract of methanol production chemical complex project

　　(601117) It was announced on the evening of October 8, recently, a wholly-owned subsidiary of the company signed a general contract with Russian Baltic Methanol Co., Ltd. for the methanol production chemical complex project. The duration of this contract is 48 months, and the total contract amount is 8.4 billion euros, equivalent to about 65.05 billion yuan.

　　12、: Pre-bid for State GridThe Fifth Equipment Bidding Procurement of the Project

　　(000400) On the evening of October 8th, it was announced that the company had won the bid for the fifth equipment procurement of the State Grid Project in advance, with an estimated bid amount of 611 million yuan.

　　13、: andPeople Data, its platform, signed a strategic cooperation framework agreement.

　　(600415) announced on the evening of October 8 that the company signed a strategic cooperation framework agreement with its platform People’s Data., data storage, data empowerment, data operation and other aspects to carry out all-round and multi-level cooperation, establish a long-term, stable and efficient exchange mechanism, and jointly create a trade data ecosystem.

　　14、: Received the fixed-point notice of Avatar low-carbon wheel project.

　　(002488) It was announced on the evening of October 8th that the company recently received a fixed-point notice from a leading domestic heavy truck enterprise (whose name cannot be disclosed due to confidentiality requirements, hereinafter referred to as the "customer"), and the company will be the supplier of the customer to develop Avatar low-carbon wheel products for it, and the company will complete the product development and delivery according to the customer’s requirements. The above-mentioned projects were mass-produced in October this year, which is expected to have a positive impact on the company’s income and profit level this year.

　　15、: signed about 1.424 billion yuan.

　　(300324) On the evening of September 28th, it was announced that Beijing Taihao Intelligent Engineering Co., Ltd., a wholly-owned subsidiary, and Huailai Heying Data Technology Co., Ltd. (hereinafter referred to as "Heying Data") respectively signed the Electromechanical Engineering Construction Contract of M2 Computer Room and Supporting Electromechanical Engineering General Contracting Project of Huailai Heying Financial Data Technology Industrial Park Project (Phase II, Phase III) and Project 6 of Huailai Heying Financial Data Technology Industrial Park Project (Phase II, Phase IV).

　　16、: Signing major contracts for daily operations.

　　(300345) It was announced on the evening of October 8 that the company signed a major contract for daily operation. As stipulated in Contract 1, from the effective date of the contract to December 31, 2026, the company and its holding subsidiary Hongxin New Energy will purchase 56,800 tons of primary polysilicon from Yongxiang Polysilicon, Yongxiang New Energy, Inner Mongolia Tongwei, Yunnan Tongwei and Yongxiang Technology, with an estimated total contract amount of 5.1 billion yuan. Contract 2 stipulates that from the effective date of the contract to December 31, 2026, Meishan Tongwei and its related parties plan to purchase a total of 1,520 million monocrystalline silicon wafers from Hongxin New Energy, with an estimated total contract value of 4.5 billion yuan.

　　17、: 48.52 million yuan to acquire 100% equity of CHAM Company.

　　(688083) It was announced on the evening of October 8 that it acquired 100% equity of CHAM Company with its own capital of 48.52 million yuan through its wholly-owned subsidiary, Hong Kong Zhongwang; The target company is a company focusing on CFD.A commercial CAE software company that has used CFD technology to provide simulation technology services for the industrial field for 49 years.

　　

＂Friends circle＂ expands again! ＂City-X Xiong ‘an City HarmonyOS＂ 2024 Spring Product Launch Conference was held.

In order to promote the construction of xiong’an new area’s "Global HarmonyOS Ecology", show the research results and application demonstrations of Xiong ‘an City HarmonyOS, gather various elements to promote the construction of HarmonyOS’s ecological chain, industrial chain and talent chain, and strive to build the global "City HarmonyOS Capital", on March 28th, the spring product launch conference of "City-X Xiong ‘an City HarmonyOS" was held in Science and Technology Center, xiong’an new area Start-up Zone.

The conference was jointly sponsored by xiong’an new area Science Park Management Committee and China Xiong ‘an Group Co., Ltd., undertaken by Xiong ‘an Science and Technology Industrial Park Development Management Co., Ltd., China Xiong ‘an Group Urban Development Investment Co., Ltd. and Xiong ‘an Guochuang Center Technology Co., Ltd., and assisted by Open Atomic Open Source Foundation and Hebei Xiong ‘an City HarmonyOS Technology Co., Ltd. Li Tao, Deputy Secretary of the Party Working Committee of xiong’an new area and Deputy Director of the Management Committee, attended the conference and delivered a speech.

"City-X Xiong ‘an City HarmonyOS" 2024 Spring Product Launch Site. Yang Chengshe

Li Tao pointed out in his speech that real cities are changing with each passing day, and digital cities are growing simultaneously. Xiong’an new area is the first city in China to realize the simultaneous construction of digital city and physical city. The construction of digital city makes data an important production factor in the new district. Xiong ‘an will build an urban HarmonyOS ecosystem, build an innovative ecological chain in HarmonyOS, build an urban HarmonyOS adaptation center, and conduct pilot demonstrations in the fields of energy, pipe gallery, water supply and communication. The HarmonyOS-based scene of Xiong ‘an Digital City will open up the scene and data, carry out the pilot project in HarmonyOS, and promote it in a timely and large scale.

In order to promote the ecological construction of HarmonyOS, xiong’an new area, and build the global "HarmonyOS Capital", xiong’an new area has issued a package of policies to support the industrial development of HarmonyOS, giving real financial support to HarmonyOS demonstration projects, enterprises, specialized talents, software and hardware products and original innovative applications, and providing a series of public services based on open source HarmonyOS for ecological partners.

"City-X Xiong ‘an City HarmonyOS" 2024 Spring Product Launch Site. Photo by Li Da

At the press conference, Liang Zhihao, deputy director of xiong’an new area Digital Office, made an in-depth interpretation of the Ten Measures for Accelerating the Industrial Development of HarmonyOS, which attracted much attention. These measures cover product research and development, hardware adaptation, software application, intermediary platform and local ecological cultivation, and provide all-round support for the development of HarmonyOS industry. Wang Jian, deputy general manager of Xiong ‘an Science and Technology Industrial Park Development Management Co., Ltd., gave a comprehensive introduction to Xiong ‘an’s science and technology investment environment and policies, and introduced in detail xiong’an new area’s science and technology development planning, policy support and investment opportunities, which provided important reference information for enterprises interested in developing in xiong’an new area.

Fang Baoguo, Chairman of Xiong ‘an Guochuang Center Technology Co., Ltd., and Wang Haisheng, General Manager of Hebei Xiong ‘an HarmonyOS Technology Co., Ltd. jointly unveiled Xiong ‘an HarmonyOS Innovation Laboratory. Yang Chengshe

Yu Yang, deputy general manager of China Xiong ‘an Group Urban Development Investment Co., Ltd., unveiled the carrier for HarmonyOS. Photo by Li Da

At the launch ceremony of open source HarmonyOS products, a number of innovative products based on HarmonyOS system were unveiled, showing the wide application prospect of HarmonyOS system in smart home, smart transportation, smart manufacturing and other fields. The release of these products not only enriches the ecosystem of HarmonyOS system, but also injects new vitality into the intelligent construction of xiong’an new area.

Xiong’an new area’s scientific and technological innovation is not only at the level of policy support, but also reflected in the deep integration with the industry. During the event, Fang Baoguo, Chairman of Xiong ‘an Guochuang Center Technology Co., Ltd., and Wang Haisheng, General Manager of Hebei Xiong ‘an HarmonyOS Technology Co., Ltd. jointly unveiled the HarmonyOS Innovation Laboratory of Xiong ‘an City. The establishment of this laboratory indicates that xiong’an new area has taken a solid step in the research and application of technology in HarmonyOS. At the same time, Yu Yang, deputy general manager of China Xiong ‘an Group Urban Development Investment Co., Ltd., unveiled HarmonyOS’s landing carrier and released the application demonstration scenario requirements of China Xiong ‘an Group, which not only further demonstrated xiong’an new area’s broad prospects in HarmonyOS technology application, but also provided enterprises with opportunities to cooperate with the new district and jointly promote the application of new technologies.

It is understood that the product launch of "City-X Xiong ‘an City HarmonyOS" is planned to be held twice a year, divided into spring and autumn venues, to show and promote the innovative products of Xiong ‘an City HarmonyOS, publicize the industrial policies and scene needs of Xiong ‘an City HarmonyOS, and lead the industrial agglomeration and development of HarmonyOS with "Xiong ‘an Launch" to create a global OpenHarmony product launch conference.

More Xiong ‘an news is worthy of attention.

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Original title: "Friends circle" expands again! "City-X Xiong ‘an City HarmonyOS" 2024 Spring Product Launch Conference was held.

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LI’s revenue nearly doubled in the first quarter： the target of 30,000 vehicles delivered in June was not considered for price reduction.

K figure 02015_0

　　first quarterReach new heights.

　　May 10, (Nasdaq:LI；; 02015.HK) released the financial report for the first quarter of 2023. The financial report shows that the revenue in the first quarter was 18.79 billion yuan, a year-on-year increase of 96.5%, a record high, slightly higher than the market estimate of 18.68 billion yuan;It was 934 million yuan, and the net loss in the first quarter of 2022 was 10.9 million yuan, up 252% from 265 million yuan in the fourth quarter of 2022.

　　LI’s outstanding financial performance in the first quarter was supported by the substantial increase in sales. In terms of delivery volume, in the first quarter of this year, LI delivered a total of 52,600 vehicles, up 65.8% year-on-year, achieving the best single-season delivery result.

　　For the second quarter of this year, LI gave delivery guidelines of up to 76,000 to 81,000 vehicles, up 164.9% to 182.4% year-on-year; It is estimated that the revenue will reach 24.22 billion yuan to 25.86 billion yuan, a year-on-year increase of 177.4%-196.1%.

　　Annual grossThe target is 20%, and the sales of management fee rate will be reduced to 9.8%.

　　JiumaoOn the whole, LI’s gross profit margin and automobile gross profit margin both decreased year-on-year and increased month-on-month. The gross profit margin was 20.4% in the first quarter, 22.6% in the same period last year and 20.2% in the fourth quarter of 2022. The gross profit margin of automobiles was 19.8%, compared with 22.4% in the same period last year and 20% in the fourth quarter of 2022.

　　Li Tie, CFO of LI, said that in the first quarter of this year, the sales in Li ONE led to a decrease in the gross profit margin of the whole vehicle in the quarter, and it is expected that all the sales in Li ONE will be completed in the first half of this year. At the same time, there is still room for improvement in the profit margin of the ideal L7 and Air models. However, considering other potential factors, we still maintain the goal of 20% gross profit margin for the whole year.

　　Between LI CEO Li Xiang and a few days agoSpeaking at the meeting, LI’s expenses have further become.The focus of attention.

　　Recently, Li Xiang announced: "LI brand market expense rate is 0.6%, including all public relations, activities, advertisements, auto shows, press conferences, car owners’ operations, etc. I have to approve the expenses of tens of thousands of yuan to avoid spending money indiscriminately." At the same time, he also mentioned that the market expense ratio of mainstream brands is 2%-3%, which is 4-5 times that of LI.

　　The ideal, which has always been called "picking factories", has been evaluated by many analysts as properly controlling the expense ratio. The financial report for the first quarter shows that in the first quarter of 2023, LI’s sales, general and management expenses were RMB 1.65 billion, up 36.8% year-on-year and 0.9% quarter-on-quarter, accounting for 9.8% of revenue, further decreasing compared with 2022. In 2022, LI’s sales, general and management expenses were 5.665 billion yuan, accounting for 12.5% of the total revenue. In contrast, Tucki andThis figure is over 20%.

　　LI’s R&D expenditure is also rising. In the first quarter, it invested a total of 1.85 billion yuan in R&D, up 34.8% year-on-year, and the R&D expenditure rate remained at around 10%, which was in line with LI’s previous expectations. Li Tie said that the R&D expenditure will remain the original annual plan, at around 10 billion to 12 billion yuan. Sales management expenses depend on the profit level and will be further optimized.

　　In June, it hit 30,000 vehicles, and in the fourth quarter, it pushed pure electric vehicles.

　　In response to sales expectations, Li Xiang said that he should strive to achieve the goal of delivering 30,000 vehicles in a single month in June this year.

　　If this goal is achieved, then LI and the car,The new car-making forces will further widen the gap. At present, other new car-making forces have not touched the threshold of monthly sales of 20,000 vehicles. In the past April, only Nezha’s car sales reached 11,000 vehicles, and the sales of other new car-making forces did not exceed 10,000 vehicles.

　　Judging from the ideal sales volume in the first four months of this year, it is not difficult to achieve this goal. The delivery data of LI from January to April this year is constantly rising, with 15,100 vehicles delivered in January, up 23.4% year-on-year; 16,600 vehicles were delivered in February, a year-on-year increase of 97.5%; 20,800 vehicles were delivered in March, an increase of 88.7% year-on-year; In April, the delivery volume exceeded 25,000 vehicles for the first time, reaching 25,700 vehicles, a year-on-year increase of 516.3%.

　　Since this year,The price of raw material lithium carbonate has dropped sharply. Some analysts asked LI if there was any plan to reduce the price. Li Xiang replied, "At present, there is no consideration of reducing the price, because when we make detailed long-term planning and pricing, we have already set the price at the most competitive price in the corresponding price range according to the grade and size of each vehicle, and both upward and downward fluctuations will be problematic. This is the fundamental reason why we have been very cautious in pricing and insist on long-term consideration. "

　　Li Xiang also said that ideally, the market share is still the first important factor, and the core goal in the second quarter is more than 200,000 yuan.In the automobile market, the market share of 11% in the first quarter was raised to 13%.

　　In the face of LI’s record financial data, many people shouted "Ideal is crazy", but some analysts expressed concern about the pure electric vehicles in LI. LI’s achievements are inseparable from the extended-range power model, and it has the first-Mover advantage. However, in the pure electric track where car companies gather, the ideal will face more intense challenges, and it is not easy to stand out.

　　During the recent Shanghai Auto Show, LI officially released the "Double Energy Strategy", saying that it will exert all efforts in "intelligence" and "electric energy". By 2025, it will form a product layout of "one super flagship model+five extended-range electric vehicles+five high-voltage pure electric vehicles", which will face more than 200,000 markets and fully meet the needs of home users. At the same time, ideally, it is estimated that more than 3,000 charging stations will be built by 2025.

　　Recently, there are market rumors that LI pure electric vehicles will be postponed until next year. At the earnings conference call, Li Xiang revealed that the pure electric vehicles in LI will be released in the fourth quarter of this year. After the release, they will start the test drive in the store and gradually start the delivery, which will keep the same release and delivery rhythm as the L9, L8 and L7 models.

　　In order to support the development of multi-vehicles, LI is also continuously expanding its network layout. As of April 30, 2023, LI has 302 retail centers nationwide, covering 123 cities; There are 318 after-sales maintenance centers and authorized car body panel spraying centers, covering 222 cities.

The new forces of children’s fashion aesthetic education rise. 2020 China Children’s Model Competition shines in Zhengzhou.

　　300 cities linked together, more than 10w families followed online, and 30,000 children models participated in the recruitment. After three months of sea selection and promotion, they entered the city finals. Finally, 300 children stood out and appeared at the opening ceremony of the 2020 Star Power China Children Model Competition held in Zhengzhou from August 14 to August 16, opening the summer of hipsters. According to reports, the youngest player participating in this competition is only 3 years old.

　　Unlimited fashion style in the ultimate game of breaking the circle

　　In 2020, with the special background of the epidemic, the domestic children’s fashion industry was forced to press a pause. The suspension of classes made many babies lose the opportunity of outdoor activities and physical and mental growth, and the epidemic invisibly put pressure on all families. Famous research institutions say that when pressure comes, the body is the source of strength, and a confident and expansive posture can have a magical positive impact on our mood and state. In this context, it is known as the "high-profile fashion festival", and the 2020 Star Power China Children’s Model Competition is the first. It is not easy to realize the linkage of 100 cities and achieve a new breakthrough in the scale of the event. Burning Star adheres to the high standards of internationalization of the competition. In addition to physical training, temperament experience and comprehensive quality of fashion during the competition, it also customizes the most likely development path of professional models for each player.

　　With the theme of "Stars Burning Teenagers" and "A Midsummer Night’s Dream", the contest is divided into children’s group, teenagers’ group, teenagers’ group, youth group, children’s group, preschool group, school-age group and schoolchildren’s group, which has aroused repercussions in children’s modeling, fashion and entertainment circles. As an authoritative children’s competition in the fashion world, it not only allows the audience to enjoy the international charming T-show at close range, but also makes all the young players present feel the professionalism and gas field of professional supermodels.

　　A dazzling "summer" Starlight Glimmer shines.

　　This is a stage where dreams come true. The competition includes individual awards, top ten contestants, top ten contestants and third runner-up. The selection is made through parent-child group, dress group, fashion suit group, team competition and other links, and the supermodel jury selects a small fashion ICON with the tonality of the competition. The competition is accompanied by online and offline tracking reports, and the new media interacts all the time. Every child has his own starlight moment. In addition to the presence of stars to help out, the contest was directed by Li Pei. The dance beauty design of the national finals is even more ingenious, more scientific and dreamy, and moves towards the future with rhythm points and colorful lights. Designer Feng Sansan Haute Couture Show and DK Haute Couture Show are strongly linked.

　　Kang Ying, a member of the Children’s Model Working Committee of China Textile and Clothing Education Society and the founder of Burning Star Power, graduated from Beijing Institute of Fashion Technology. She has participated in China International Fashion Week, China International Auto Show, Haixi Fashion Week, Beijing International Film Festival, etc., and is good at designing women’s wear, professional wear, wedding dresses, etc. She studied fashion making in Liu Kaihong, a dragon robe maker in Fan Bingbing, and is a contracted model of Beijing New Ideas Model Company. Adhering to the concept of "helping your dreams", the instructor team of Burning Star Power comes from professional teachers from Beijing Institute of Fashion Technology, Shanghai Donghua University, dalian polytechnic university and other domestic authoritative universities, and has established a standardized curriculum system, a high-end output platform and a unified operation and management model, becoming a leading brand in the industry. Let every child have the opportunity to participate in large-scale performances, competitions, fashion weeks, and even professional child stars.

　　"Generation Z" Debut, Interpreting Fashion Ideas

　　China king of the children Liu Jiandong, founder of showkids, China’s chief children’s model contest, also attended the event. He promised that 60 elite contestants of this contest would have the opportunity to participate in the children’s fashion Oscar in October, and they would have a decisive battle for the National Day and a master’s duel. With the help of showkids, the "Z generation" is about to debut.

　　As the cradle of cultivating children’s models, Burning Star Power International Tong Mo Training is a gathering place for professional children’s model talents in China at present. It is an art training school integrating the selection, training, export, Shang Yan, competition and exchange of children’s models, and it is a helper of China’s aesthetic education system. Burning Star Power Art Development Co., Ltd. was officially opened to join in 2019. Up to now, it has covered more than 80 stores in Shandong, Shanxi, Henan, Hebei, Inner Mongolia, Jilin, Hunan, Anhui, Langfang and surrounding provinces, cities and counties. It is estimated that the national chain will exceed 100 in 2021. In the future, Burning Star will join the comprehensive reputation courses such as clothing collocation, color collocation, floral art, tea culture and western etiquette.

Meta is hard and OpenAI, and the domestic ＂small model＂ official announces open source. Where is the ＂Hundred Models War＂ going？

　　Since the beginning of this year, the global Internet giants have set off a "hundred-model war", and Microsoft, Google, Baidu and Ali have come to the end one after another. After more than half a year of competition, technology giants are welcoming a new round of road disputes around the big model ecology: facing the parameter "ceiling", will the future of the big model be closed or open?

　　The open source model can run on a home computer.

　　On August 3rd, two open source models, Qwen-7B and Qwen-7B-Chat, were put on the domestic AI developer community "ModelScope", which were Alibaba Cloud Tongyi Qianwen’s 7 billion parameter general model and dialogue model respectively. Both models were open source, free and commercially available.

　　According to reports, Tongyi Qianwen Qwen-7B is a pedestal model that supports many languages such as Chinese and English, and it is trained on more than 2 trillion token (text unit) data sets, while Qwen-7B-Chat is a Chinese-English dialogue model based on the pedestal model, which has reached the cognitive level of human beings.In short, the former is like a "foundation" and the latter is a "house" on the foundation.

　　The actual test shows that the comprehensive performance of Qwen-7B model is good. Among them, on the English proficiency evaluation benchmark MMLU, the score is generally higher than that of the mainstream models with the same parameter scale, even surpassing some models with 12 billion and 13 billion parameter scales. On the Chinese evaluation C-Eval verification set, the model also achieved the highest score of the same scale. Qwen-7B model is also among the best in evaluating GSM8K in mathematical problem solving ability and HumanEval in code ability.

　　That is to say,In the tests of Chinese and English writing, solving mathematical problems and writing codes, Qwen-7B model is properly a "master of learning", and its score even exceeds the international mainstream model with the same parameter level.

　　Besides, the industry is more concerned about the usability of Qwen-7B model. As we all know, the training and operation of mainstream large models need special AI training chips (such as NVIDIA A100), which are not only expensive, but also as high as 10,000 — per NVIDIA A100; 15,000 dollars, and it is monopolized by countries such as Europe and the United States, and it is almost impossible to buy it in China.The domestic Qwen-7B model supports the deployment of consumer graphics cards, which is equivalent to a high-performance home computer to run the model.

　　Thanks to free commercialization and low threshold, the Qwen-7B model has been put on the shelves, which has attracted the attention of AI developers.In just one day, on the code hosting platform GitHub, the Qwen-7B model has been collected by more than a thousand developers, and most of the questioners are Chinese developers.As Alibaba Cloud said in the statement: "Compared with the lively AI open source ecology in the English-speaking world, the Chinese community lacks an excellent pedestal model. The addition of Tongyi Qianwen is expected to provide more choices for the open source community and promote the open source ecological construction of AI in China. "

　　Open source or closed?

　　In fact, Qwen-7B model is not the first big open source model. In fact, GPT-2, the predecessor of ChatGPT, is also completely open source. Its code and framework can be used for free on the Internet, and related papers can be consulted. However, after ChatGPT spread all over the world, OpenAI chose closed-source development, and the model codes such as GPT-3 and GPT-4 have become the trade secrets of OpenAI.

　　The so-called open source is open source code.For example, once the big model is declared open source, anyone can publicly obtain the model source code, modify it or even redevelop it within the scope of copyright restrictions. To make a simple analogy,The source code is like the manuscript of a painting, and everyone can fill in the colors according to the manuscript to create their own artistic paintings.

　　Closed source is just the opposite of open source.Only the source code owner (usually the software developer) has the power to modify the code, others can’t get the "manuscript" and can only buy the finished product from the software developer.

　　The advantages and disadvantages of open source and closed source are very obvious. After open source, the big model will undoubtedly attract more developers, and the application of the big model will be more abundant, but the corresponding supervision and commercialization will become a difficult problem, which is prone to the embarrassing situation of "making wedding clothes for others".After all, open source considers ecological co-prosperity, and it is difficult to figure out the economic account of how much money can be earned at this stage, and these problems happen to be opportunities to close the source.

　　Open source or closed source, this is a big model of life and death, the international giants have given the answer.

　　Meta, the parent company of Facebook, released the big model Llama2 last month, which is open source and free for developers and business partners, while OpenAI firmly chose GPT-4 closed source development, which not only can maintain OpenAI’s leading position in the generative AI industry, but also can earn more revenue. According to the authoritative magazine Fast Company,OpenAI’s revenue in 2023 will reach 200 million US dollars, including providing API data interface services and subscription service fees for chat bots.

　　Domestic big models have gradually begun to "go their separate ways".Alibaba Cloud’s General Meaning ModelAs early as April this year, it was announced to be open to enterprises, and the open source of Qwen-7B model will go further.ERNIE Bot of BaiduIt has also recently announced that it will gradually open the plug-in ecosystem to third-party developers to help developers build their own applications based on the Wenxin model.

　　In contrast, Huawei does not take the usual path. When the Pangu Big Model 3.0 was released, Huawei Cloud publicly stated that,Pangu modelThe full stack technology is independently innovated by Huawei, and no open source technology is adopted. At the same time, Pangu Big Model will gather numerous industry big data (involving industry secrets, etc.), so Pangu Big Model will not be open source in the future.

　　The big parameters are still small and beautiful.

　　In addition, the open source of Qwen-7B model brings another thought:How many parameters do we need a big model?

　　There is no denying that,The parameter scale of the large model is constantly expanding.Take the GPT model under OpenAI as an example. GPT-1 only contains 117 million parameters, and the parameters of GPT-3 have reached 175 billion, which has increased by more than 1000 times in a few years, while the parameters of GPT-4 have exceeded the trillion level.

　　The same is true of large domestic models. Baidu Wenxin model has 260 billion parameters, Tencent mixed-element model has reached 100 billion parameters, Huawei Pangu model has been estimated to be close to GPT-3.5, and ali tong Yida model has officially announced 10 trillion parameters … …According to incomplete statistics, there are at least 79 large-scale models with over 1 billion parameters in China.

　　Unfortunately, the larger the parameter, the stronger the capability of the large model. At the World Artificial Intelligence Conference, Wu Yunsheng, vice president of Tencent Cloud, has a very appropriate metaphor: "Just like athletes practicing physical strength, weightlifters need to lift 200 kilograms of barbells, and swimmers need to lift 100 kilograms. Different types of athletes don’t need everyone to practice 200 kilograms of barbells."

　　As we all know,The higher the parameters of the large model, the more resources and costs are consumed.However, it is not necessary to blindly pursue "large scale" or "high parameters" to deepen the vertical large-scale model of the industry, but to formulate relevant model parameters according to customer needs. For example, the BioGPT-Large model has only 1.5 billion parameters, but its accuracy in biomedical professional tests is better than that of the general model with 100 billion parameters.

　　Sam Altman, co-founder of OpenAI, also publicly stated that OpenAI is approaching the limit of LLM (Large Language Model) scale. The larger the scale, the better the model is, and the parameter scale is no longer an important indicator to measure the quality of the model.

　　Wu Di, the head of intelligent algorithm in Volcano Engine, has a similar view. In the long run, reducing costs will become an important factor in the application of large models. "A well-tuned small and medium-sized model may perform as well as a general large model in a specific job, and the cost may be only one tenth of the original."

　　At present, almost all domestic science and technology manufacturers have got tickets for big models, but the real road choice has just begun.

Geely ICON Chocolate has booked 112,900 since August 2nd.

A few days ago, Geely officially announced that its small SUV——ICON Chocolate, officially opened online booking. The new car has launched two models, namely, the mellow version and the mellow version, and the booking price is 112,900-132,900 yuan respectively.

At the same time, the government provides multiple reservation rights. From 10: 00 on August 2nd, the first 1,200 users who paid a deposit of 1,999 yuan in JD.COM, the official flagship store of Tmall Geely Automobile and the official shopping mall of Geely Automobile can enjoy a camping ceremony or a romantic ceremony, an ICON chocolate color blind box worth 520 yuan, and the first owner can enjoy 3 or 4 years of free basic maintenance.

In appearance, the overall shape of Geely ICON chocolate has not changed much, but the details have been adjusted. Among them, the net part becomes a narrow strip with rounded corners and a thick chrome trim strip, and there is also a single chrome trim strip in the center. Headlights adopt split design, with thin and long LED daytime running lights on both sides, vertical headlight design and blackened lower enclosure design, which effectively lengthens the visual width of the front face and makes it look younger.

ICON chocolate series has launched five color schemes, each of which symbolizes a chocolate, namely true love powder, sea salt blue, mint green, heart ash and pure enjoyment white, among which true love powder is highly recognizable.

In terms of interior, the new car is equipped with a suspended screen consisting of a 10.25-inch LCD instrument and a 12.3-inch high-definition central control panel as standard, with a three-spoke multi-function steering wheel, which is full of technology. Among them, the 10.25-inch floating central control panel integrates the latest GKUI 19 vehicle interconnection system, which uses a brand-new UI operation interface to provide travel information, navigation forecast, weather information and other information, and supports intelligent voice interaction in addition to touch control. The new car is also equipped with 72-color breathing atmosphere lights and a panoramic canopy, which brings better lighting and visual perception.

In terms of intelligent driving, the new car is equipped with FACE CONNECT face recognition intelligent system. After FACE ID face recognition is successful, it can be automatically ignited by stepping on the brakes. At the same time, the memory linkage between the main driver’s seat and the exterior rearview mirror can realize intelligent driving matching. In terms of intelligent safety, the new car is equipped with L2 intelligent driving assistance system, which has 17 active safety functions, including ICC intelligent navigation system, ACC full-speed adaptive cruise system, LKA lane departure assistance system, TSR traffic sign intelligent identification, ELK emergency lane keeping assistance, IHBC near-distance light adaptive system, AEB pre-collision system, etc., and integrates camera and navigation information, and can identify speed limit signs, automatically adjust near-distance light and other configurations.

In addition, the new car is equipped with 540 panoramic image+chassis perspective, tracking and reversing, narrow road exploration and other functions, which can realize the memory of the last 50 meters driving path. The new car is equipped with high-definition reversing image with dynamic route assistance, and is equipped with the original 360 driving recorder.

In terms of comfort and environmental protection, ICON chocolate is equipped with the industry’s first CN95 high-efficiency composite air conditioning filter element. The four-fold protection has a filtration efficiency of over 95% for dust with a diameter of 0.3μm and over 99% for PM2.5, which can effectively clean the air and enhance human functions. The new car also comes standard with an antibacterial steering wheel, which is wrapped with materials certified by Guangwei with 99% antibacterial rate, effectively caring for health. In addition, the new car is equipped with active constant temperature air conditioner, six-way electric seat with face recognition and memory function, DTS immersive cinema sound stage, worry-free departure, inductive electric tailgate, etc., to achieve the ultimate comfort and convenience.

In terms of power, ICON Chocolate comes standard with a new generation of Geely Jinqiang 1.5TD high-efficiency power system, with a maximum power of 133kW, a maximum torque of 290Nm and an acceleration time of 7.9 seconds per 100 km. In terms of transmission, it is matched with a 7-speed wet dual-clutch gearbox.