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Ideas and strategies to enhance the self-control ability of supply chain

　　Supply chain security has become a highly concerned issue in all countries, and it is also an urgent task to realize the independent control of China’s supply chain.
　　Realizing the self-control of supply chain is an inevitable choice for building a new development pattern, which is of great significance for unswervingly building a manufacturing power.
　　To enhance the self-control ability of supply chain, we need to take a multi-pronged approach, and pay attention to coordinating and handling the relationship with global division of labor and cooperation.
　　The Central Economic Work Conference laid out the key tasks for 2021, and clearly pointed out that "enhancing the self-control ability of the industrial chain supply chain" and "the security and stability of the industrial chain supply chain is the basis for building a new development pattern". So, as far as China’s supply chain is concerned, what problems and risks need to be dealt with? Why is it urgent to improve self-control ability? How to take multiple measures to ensure the safety of supply chain? These are all important topics that need to be studied and solved urgently at present.
　　Pay close attention to supply chain security.
　　Generally speaking, the supply chain mainly refers to the process of multinational companies purchasing raw materials around the world and combining them into finished products through complex processes. Multinational companies engaged in production and business activities in countries all over the world need to effectively manage the supply chain all over the world, that is, plan, coordinate, operate, control and optimize the whole supply chain system, and deliver the products needed by customers to the right place at the right time according to the right quantity, quality and state, and optimize the total cost.
　　In this process, multinational companies have formed complex supply chains and networks by arranging supply chains around the world. As a part of the global supply chain, the supply chains of various countries are linked by interests, which influence, depend on and interact with each other. Because it is difficult for a country to effectively control the supply chain of other countries, and the supply chain operation may get out of control, the supply chain security has become a highly concerned issue for all countries.
　　In recent years, China has also encountered some problems such as poor industrial operation caused by the failure or even fracture of supply chain operation. Supply chain risks mainly come from technical protection and technical barriers in some developed countries. For example, once some countries find that a high-tech research and development in China has reached a key node, they begin to strictly limit the supply of technology. Some countries can control the global supply chain of an industry and become "chain owners" because of their technological or resource advantages. With the help of the status of "chain owner", they will lay out the supply chain in other countries with their own needs as the center, transfer the supply chain links with low profit margins, consolidate their dominant position at the highest end of the value chain, and use their control to crack down on potential competitors, thus making other countries in the supply chain in a relatively passive position and facing greater supply chain risks. In recent years, China has been frequently suppressed by individual "chain owners". Because some products in China are still in the process of processing and assembly in the supply chain, some core technologies are still subject to people, and there are shortcomings, which directly leads to the "stuck neck". In addition, the spread of the COVID-19 epidemic has also prompted some countries to take measures to move some key supply chains back to their own countries or relocate them. Therefore, it has become a top priority to realize the independent control of China’s supply chain.
　　Realizing self-control is an inevitable choice.
　　We should have a correct understanding of the self-control of supply chain. "Autonomy" means that China can play a leading role in key supply chains; "Controllable" means that although China cannot dominate some supply chains, it has great control and influence. The purpose of realizing self-control of supply chain is to ensure the smooth operation of national economy and realize economic security and industrial security.
　　Generally speaking, indicators to measure the security of a country’s supply chain include toughness and elasticity. Resilience means that the supply chain has strong enough anti-strike ability; Elasticity refers to the ability of supply chain to recover quickly from accidental damage and run continuously in the face of uncertain environment. Realizing "autonomous control" means that the supply chain has good toughness and elasticity, and can maintain or quickly resume normal operation under external shocks.
　　Realizing the self-control of supply chain is an inevitable choice to build a new development pattern. Accelerating the construction of a new development pattern with the domestic big cycle as the main body and the domestic and international double cycles promoting each other means building an autonomous and controllable supply chain in China, that is, from raw materials and equipment to intermediate products and finished products to consumer purchases, all these links are autonomous and controllable. As the second largest economy in the world, China cannot allow its supply chain to be dominated. At the same time, China has a huge domestic demand market and efficient industrial clusters, which is an important guarantee to realize the independent and controllable supply chain. China must build an independent and controllable supply chain to provide important support for accelerating the construction of a new development pattern.
　　Realizing the self-control of supply chain is an inevitable choice for building a manufacturing power. A strong manufacturing country requires not only a large-scale manufacturing industry, complete industrial sectors and high technology content, but also a sufficiently safe and efficient supply chain. It can be seen from the suppression of China’s high-tech supply chain by some developed countries in recent years that there are some weak links in China’s manufacturing supply chain, including technical shortcomings. Therefore, to unswervingly build a manufacturing power, we must build an independent, controllable and highly secure supply chain.
　　Take multiple measures at the same time to enhance self-control ability
　　To enhance the self-control ability of the industrial chain supply chain, we should take measures to promote the completion of short boards and forging long boards as a whole, and implement the industrial base reconstruction project in accordance with the requirements put forward by the Central Economic Work Conference, and intensify our work.
　　Find out the base and fill in the shortcomings. Relevant departments should be organized to make a thorough survey of the supply chain of China’s high-tech industries and other key industries, list the weak links according to the technology gap and the pressure from competitors, and list the possible alternative technologies. For key supply chain links and "stuck neck" technology, lock the shortcomings one by one, focus on tackling key problems and transform research and development results as soon as possible to expand the technology spillover effect; For some key industries, speed up the establishment of independent and controllable supply chains to ensure the safety of supply chains.
　　Give full play to advantages and forge long boards. In the global supply chain, China’s manufacturing industry has the competitiveness that can not be ignored, that is, the "long board", for example, it has a strong manufacturing industrial cluster and technological advantages suitable for China’s industry and market characteristics. Measures such as improving the business environment should be taken to further develop these "long board" advantages and encourage enterprises to become bigger and stronger in their advantageous fields.
　　Lay a solid foundation and improve your ability. The overall competitiveness of a country’s supply chain must be based on a solid industrial foundation. We should establish an evaluation system of industrial basic ability, accurately grasp and evaluate the present situation of China’s industrial chain supply chain and key technologies, and determine scientific and reasonable upgrading goals; In-depth implementation of industrial base reengineering project, clear focus, classification organization and implementation; To strengthen the construction of basic R&D system of common technology, we can consider adopting different organizational forms according to the characteristics of different common technologies.
　　Pay attention to coordinating and handling the two major relationships.
　　With the deepening of economic globalization, the international division of labor is becoming more and more complicated, and the dependence of supply chain between countries will become greater and greater. Therefore, to improve the self-control ability of supply chain, we should also pay attention to coordinating and handling the two major relationships.
　　The first is the relationship between supply chain autonomy and global division of labor and cooperation. Autonomous controllability can only be "autonomous" and "controllable" to a certain extent, and it is difficult to cover all links in the supply chain, so we should combine autonomous controllability with global supply chain cooperation. For some "stuck neck" links, we should have certain technical reserves in our country and have the ability to concentrate resources to achieve technological breakthroughs; At the same time, based on the principle of mutual benefit and win-win, we should establish closer supply chain cooperation by signing free trade agreements and investment agreements with other economic and trade partners to form complementary advantages and improve the stability and security of international supply chain cooperation.
　　The second is the relationship between self-control and upgrading of supply chain. For China, in addition to realizing the self-control of the supply chain, it is also necessary to vigorously enhance the competitiveness of the industrial chain supply chain and its position in the global value chain through technological innovation. From the enterprise level, we should vigorously carry forward the entrepreneurial spirit and promote innovation in raw materials, technology, products, markets and production organization. From the government level, we should vigorously consolidate the basic research links in the innovation chain of Science and Technology, make long-term planning and continue to invest. At the same time, it is necessary to promote a better combination of effective markets and promising governments.
　　[The author is a researcher at the Socialism with Chinese characteristics Thought Research Center of the New Era, the supreme leader of the Central Party School (National School of Administration)]
(Editor: Wu Yujuan)

Notice of Guangdong Provincial Department of Natural Resources on Strengthening the Guarantee of Building Stone Resources in Guangdong Province

People’s governments at the local and municipal levels, departments and institutions directly under the provincial government:

　　In recent years, the demand for building stone materials in our province has continued to be strong, the price has been rising, and the contradiction between supply and demand of building stone resources has become increasingly prominent, which has affected the construction progress of some key projects. In order to further strengthen the development and utilization of building stone resources in our province, and effectively improve the ability to guarantee building stone resources, with the consent of the provincial people’s government, the relevant matters are hereby notified as follows:

　　First, attach great importance to and correctly understand the significance of doing a good job in ensuring building stone resources.

　　Building stone resources are important state-owned natural resources and strategic resources, which play an important role in supporting and ensuring infrastructure construction and economic and social development. All localities and relevant departments should adhere to the guidance of the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era, fully implement the spirit of the 19th National Congress of the Communist Party of China and the Second, Third and Fourth Plenary Sessions of the 19th Central Committee, thoroughly implement the spirit of the important speech and instructions given by the General Secretary of the Supreme Leader to Guangdong, implement the Supreme Leader’s ecological civilization thought, adhere to the ecological priority, and adhere to the green development concept of "developing while protecting". Make overall plans to promote ecological environment protection and rational and effective development and utilization of resources, give full play to the decisive role of the market in resource allocation, better play the role of the government, improve government regulation and supervision, increase the supply of building stone resources according to laws and regulations, stabilize market supply, maintain market order, and provide solid and powerful resource guarantee for the economic and social development of our province.

　　Two, planning guidance, scientific and rational layout of building stone resources mining areas and mining rights.

　　(1) Strengthen planning guidance. All localities should take the land space planning and mineral resources planning as the guide, follow the idea of "overall planning, rational layout, adjusting measures to local conditions, and industrial agglomeration", and comprehensively consider factors such as resource endowment, market demand, transportation, environmental bearing, land development, ecological restoration, engineering project construction, etc., and scientifically and rationally lay out building stone resources mining areas.

　　(2) Optimize the allocation of indicators in quarries around the country. Maintain the total control index of 1150 quarries in the province unchanged, and optimize and adjust the indicators of various places. In the future, it will be dynamically adjusted according to the development and utilization of resources in various places and the overall planning of mineral resources in our province. All localities should make full use of the quarry indicators issued to ensure adequate supply of building stone resources.

　　(3) Defining the task of building stone production capacity of building gravel. According to the total production capacity requirement of 300 million cubic meters (cubic meters) of building rubble in the province, the annual production capacity task of listing at all levels is refined (see the annex for details). All localities should ensure that the output is achieved as scheduled according to the task requirements before the end of 2022, and then according to the principle of annual total balance, the production capacity withdrawn due to resource exhaustion or policy closure of quarries will be supplemented with new mining rights in time.

　　(four) the construction of a number of building stone production bases. All localities should build a number of large-scale building stone production bases in accordance with the requirements of industrial agglomeration, scale, intensification and green development. Guangzhou, Zhuhai, Shaoguan, Heyuan, Huizhou, Jiangmen, Yangjiang, Zhaoqing, Qingyuan, Yunfu and other cities should focus on building a number of super-large building stone production bases with reserves of more than 100 million cubic meters.

　　(five) synchronous planning mechanism sand production capacity. Form an industrial system integrating building stone mining and machine-made sand production, and strengthen the guarantee of machine-made sand resources by supporting the production capacity of machine-made sand with building gravel mining rights. Encourage building stone mining rights holders to simultaneously support more than 20% of the machine-made sand production capacity according to the building gravel production capacity. Support and encourage existing quarries to add machine-made sand production lines.

　　Third, take multiple measures to comprehensively improve the ability to guarantee building stone resources.

　　(a) to strengthen the implementation of the transfer plan. When formulating the annual transfer plan of mining rights, all localities should take the mining rights of building stones as the focus of transfer, and those that have not been included in the annual transfer plan can be supplemented according to actual needs. Once the transfer plan is formulated, the mining right should be put into use quickly and effectively. If the government has requisitioned (leased) land or the land owner (user, lessee) applies voluntarily, it will be given priority in the transfer plan.

　　(two) the implementation of "net mine" transfer. All localities should actively promote the transfer of net mining rights with clear resource reserves, clear land ownership in mining areas, land disposal in place and in line with relevant access conditions, and shall not set illegal access conditions without authorization. Before formulating or implementing the mining right transfer plan, the local people’s government at the county level should organize relevant functional departments and people’s governments at the township level to conduct joint field survey on the proposed mining right, fully demonstrate the access conditions involved in land space planning, mineral resources planning, ecological environmental protection, soil and water conservation, safe production, use of forest land and so on, and scientifically avoid ecological protection red lines and nature reserves. The review opinions signed by the relevant departments should be clear whether they agree to set the mining right; Do not agree with the establishment, it should be clearly stated on the basis of laws, regulations and policies. The review opinions signed by the relevant departments shall be used as the basis for formulating or implementing the mining right transfer plan. If the net mining right is transferred by auction or listing, the starting price of transfer can be calculated based on the market benchmark price of mining right transfer income under the premise of ensuring competitiveness.

　　(three) to support the reuse of surplus and adjacent resources in existing quarries. For quarries that have been closed, abandoned or lost in mining rights and existing quarries whose resources in mining licenses are on the verge of exhaustion, if there are still resources in the original mining area and adjacent areas of mining industrial sites, support and encourage the re-transfer of mining rights by means of bidding, auction and listing according to laws and regulations, and promote the scientific, reasonable and safe reuse of resources. For the existing land use right holder (contractor) or the existing quarry mining right holder in the mining area and mining industrial site to be transferred, a written commitment or agreement should be obtained from the relevant right holder to agree to dispose of or transfer the relevant assets, assist in handling the relevant transfer procedures, hand over the site within a limited time, and actively cooperate with the transfer of mining rights.

　　(4) Introducing the disposal method of "asset package". In order to ensure the smooth implementation of the transfer of net mining rights and safeguard the legitimate rights and interests of relevant rights holders, the expenses related to obtaining the right to use land (forest land) from the original rights holders can be included as additional expenses in the "mining rights transfer asset package". If the existing quarry surplus and adjacent resources are used to re-transfer mining rights, under the premise of ensuring fairness, justice and openness, the original mining rights surplus resource reserves, land (forest land) use fees, surplus value of production and living facilities (production systems and mining equipment) can be merged into the "mining rights transfer asset package" after evaluation by a third-party asset appraisal agency. "Mining right transfer asset package" is paid directly to the original obligee by the bidder of mining right. Involving government non-tax revenue, it shall be handled in accordance with relevant regulations.

　　(5) Explore the development mode of "overall planning of mine and land, mine first and land later". Overall consideration and integrated planning of building stone resources development and utilization and land development and utilization. If the land within the scope of the land use right to be transferred needs land development and leveling, and building stone resources are excavated and meet the conditions for transferring mining rights, it is encouraged to set mining rights first and then transfer the state-owned land use right. Specifically, it can be realized by supporting and encouraging the overall development and leveling of the mountain to be leveled into construction land, and after the underground excavation, it will be used as a residual mud and muck landfill or built into a mine landscape park. If the above-mentioned building stone resources development and utilization mode is adopted and conforms to the national spatial planning, the relevant technical plan report should be prepared in a targeted manner according to the needs of land development and utilization in the later period, and the relevant land use procedures should be handled as a whole according to law; When transferring mining rights, it is necessary to specify the mining completion period and the terms of withdrawing from the site within a time limit in the mining rights transfer contract. Involving new construction land, the required land use planning indicators are given priority by cities and counties, and the province will give preferential support in combination with land use planning management policies.

　　(6) Encourage the comprehensive utilization of resources. On the premise of ensuring the comprehensive recovery and utilization of resources, existing solid mines can use their tailings resources and the waste rocks and waste soil inevitably produced according to the mining mode and mining sequence stipulated in the development and utilization plan to produce building rubble and machine-made sand within the approved mining area and the validity period of the mining license, and there is no need to collect the proceeds from the transfer of mining rights and handle the mining registration separately. Existing solid metal mines are allowed to mine sand and gravel resources in the form of new minerals and new resource reserves, in addition to mining the approved main minerals within the approved mining area, and the transfer income is calculated and levied according to the principle of high market evaluation price and market benchmark price of mining right transfer income, and the registration of mining right change is handled. Before the transfer of new mining rights in solid mines, all the valuable resources available in the mining area should be included in the verification of reserves, the preparation of development and utilization plans and the evaluation of the transfer income of mining rights.

　　(seven) to encourage the existing quarry to improve production capacity and timely resumption of production. Support existing quarries to expand production scale and increase production capacity through technical transformation, capacity expansion, upgrading and other measures. Involving the change of mining methods, mining sequence, mining elements, and the development of transportation methods, it is necessary to re-compile the development and utilization plan of mineral resources. For quarries that have been temporarily shut down and rectified, local natural resources, ecological environment, emergency management and other departments should take active actions to guide mining rights holders to implement rectification as soon as possible, and resume production in time after passing the acceptance.

　　(eight) standardize the management of engineering construction projects and law enforcement confiscation of sand and gravel. For the approved construction project and the restoration project implemented in accordance with the ecological restoration plan in the overall restoration area, except for the self-use of the project, the surplus sand and gravel excavated in the construction scope and during the construction period are allowed to be sold according to the law and regulations, and the sales proceeds are included in the local financial management as the paid use income of other state-owned resources (assets). The relevant law enforcement departments investigate and deal with the confiscated sand and gravel soil, and the people’s governments at or above the county level or their designated administrative departments can openly sell them through the public resource trading platform, and the sales proceeds will be included in the local financial management as confiscated income. Encourage existing mining enterprises and units capable of solving earthwork stacking sites to participate in bidding, and the sales reserve price can be determined with reference to the market benchmark price of mining rights transfer income. Encourage the sale of sand and gravel soil for the production of building gravel and machine-made sand.

　　(9) Properly handle issues left over from history. Before the issuance of the Notice of the Ministry of Land and Resources on Improving the Management of Examination, Approval and Registration of Mineral Resources Exploitation (No.16 [2017] of the Ministry of Land and Resources) (that is, before December 29, 2017), the original mining right registration authority has issued an approval document agreeing to expand the mining area, or the people’s government at or above the county level has agreed to expand the mining area, and the resources are transferred in stages within the mining area approved by the existing quarry mining license, the mining right can be determined according to the principle that the market evaluation price and the market benchmark price of mining right transfer income are higher.

　　Four, simple and efficient, and effectively improve the level of examination and approval services.

　　(a) simplify the application materials for mining rights of building stone resources. When a mining enterprise prepares the application materials for the mining right of building stone resources, it can combine the development and utilization plan of mineral resources, the protection of mine geological environment and the land reclamation plan into the overall plan for the development, utilization and protection of mineral resources; The environmental impact report can be compiled for the sand and gravel soil and stone mining and processing projects that do not involve environmentally sensitive areas.

　　(2) Effectively improve the efficiency of examination and approval. Natural resources, ecological environment, water conservancy, emergency management, forestry and other departments should further optimize the approval process, compress the approval time limit, change the serial approval to parallel synchronous approval, implement the requirements of "doing it right away, simplifying it and doing it efficiently", and effectively improve the efficiency and service level of approval.

　　Five, make concerted efforts to form a joint force of development, utilization, protection and supervision.

　　(1) Strengthen organizational leadership. People’s governments at local and municipal levels should attach great importance to the protection of building stone resources, proceed from the overall situation of ensuring supply and promoting development, earnestly strengthen organizational leadership, dare to take responsibility and take the initiative, take effective measures to promote the implementation of various tasks, effectively improve the supply capacity and management level, and ensure the implementation of various tasks.

　　(2) Strengthen supervision and management. While ensuring the supply of building stone resources, all localities should strictly implement the requirements of quarrying according to law and ecological quarrying, implement the responsibility of ecological restoration according to the standards of green mine construction, and develop and utilize mineral resources in an orderly manner according to law. All relevant departments should conscientiously perform their duties, strengthen policy linkage, promote industrial upgrading, jointly create an environment conducive to the healthy and sustainable development of the sand and gravel industry, and promote the high-quality development of the industry; It is necessary to strengthen supervision, form a joint effort, severely crack down on illegal mining and illegal mining and environmental pollution, strictly guard against destructive mining, indiscriminate mining and blind expansion of production scale, and urge mining rights holders to strictly do a good job in safety production.

　　(3) Strengthening the building of a clean government and accountability. All localities and relevant departments should adhere to administration according to law, earnestly enhance the awareness of risk prevention and control of clean government, strictly implement the record system of greeting behavior about intervening in natural resource management, strictly abide by the bottom line of honesty and self-discipline, and consciously accept supervision by the masses and society. All localities and relevant departments will seriously investigate the responsibilities of relevant units and personnel for acts such as abuse of power, dereliction of duty, intervention of leading cadres, failure to implement the main responsibility, failure to take responsibility, buck passing, and ineffective law enforcement supervision in the implementation process. Once verified, all relevant intermediaries suspected of fraud will be included in the blacklist of integrity, and relevant institutions and personnel will be investigated for responsibility according to law.

　　The building stone resources referred to in this notice include three types of mineral resources, such as building rubble, cement raw materials and decorative stone. The specific types of minerals are determined by the Provincial Department of Natural Resources in accordance with relevant regulations. Other land mining construction sand and ordinary clay minerals shall be implemented with reference. Local listing can be based on the actual situation, in accordance with the provisions of this notice, formulate specific implementation opinions.

　　This notice shall come into force as of December 1, 2020 and shall be valid for 5 years. The Notice of Guangdong Provincial Department of Land and Resources on Further Strengthening the Management of Quarries (No.71 [2014] of Guangdong Provincial Department of Land and Resources) shall be abolished at the same time. Problems encountered in the implementation of all localities should be reported to the Provincial Department of Natural Resources.

　　Attachment: Guangdong Province Building Stone Capacity Task Allocation Table

Guangdong Provincial Department of Natural Resources

October 27, 2020

Related Interpretation: Policy Interpretation of Notice of Guangdong Provincial Department of Natural Resources on Strengthening the Protection of Building Stone Resources in Guangdong Province

　 　 　 　 　 　 　 　 [Illustration] Notice of Guangdong Provincial Department of Natural Resources on Strengthening the Protection of Building Stone Resources in Guangdong Province

Attachment:

1. Attachment: Guangdong Province Building Stone Capacity Task Allocation Table. pdf

How to Upgrade Huawei Mobile Phone to HarmonyOS System Huawei Mobile Phone Upgrade HarmonyOS System Method [Detailed Steps]

　　Huawei mobile phone is a domestic brand that everyone likes very much. Many friends who use Huawei mobile phones want to upgrade the HarmonyOS system. Today, Xiaobian will explain to you how Huawei mobile phones can upgrade the HarmonyOS system. Friends who need IT will come to IT Encyclopedia to see the detailed steps of Huawei mobile phones upgrading the HarmonyOS system. I believe that the articles brought by Xiaobian will help everyone.

　　1. First, make sure that the current HarmonyOS system supports your mobile phone model;

　　2. Open [My Huawei] on Huawei’s mobile phone, which can be found by desktop icon or negative screen search;

　　3. After entering, on the homepage "HarmonyOS column", click [Try it now] under the first experience of HarmonyOS;

　　4. On the upgrade early adopter page, click [Early adopter now] to enter the next operation;

　　5. Find your own mobile phone model in the page and click the corresponding [Register for Public Beta] button;

　　6. After jumping to the post published by Pollen Club, read the post carefully to see the related upgrade strategy;

　　7. Click the [Take part in the public beta activity] button at the bottom of the post to download the public beta description file;

　　8. If you enter the page below, return to the post, click the button again to enter, and repeat the operation until you enter the public beta recruitment post page;

　　9. Click the [Agree] button at the bottom of the public beta recruitment post page to agree to the public beta and privacy statement;

　　10. Click [Download Description File] at the bottom of the public beta description file;

　　11. In the pop-up "Install this webpage profile … …” , select [Allow];

　　12. Wait for the system to download and install the description file until it is installed, and then proceed to the next step;

　　13. Exit the current application, find [Settings] of Huawei mobile phone, and click [System and Update];

　　14. Click on a "software update";

　　15. After the system detects HarmonyOS 2.0, click [Download and Install] below;

　　16. Finally, there is no need to operate the screen. After the system is automatically downloaded and verified, the mobile phone will automatically restart, and you can experience the HarmonyOS 2.0 system after booting.

　　The above is the information sharing brought by IT Encyclopedia Xiaobian. I hope you like IT. If you want to know more software information, please continue to pay attention to IT Encyclopedia.

Changan Ford Sharp L sells seven models from 229,800 yuan, which one is more cost-effective？

During the 2023 Shanghai Auto Show, Changan Ford officially announced the price of its Sharp L market, with the price range of 229,800 to 309,800 yuan. For Sharp L, it has launched seven models this time, including three fuel models and four hybrid models. The price range of the fuel version is 229,800 to 279,800 yuan, and the price range of the hybrid version is 249,800 to 309,800 yuan.

Since the seven models in the whole department are divided into fuel version and hybrid version, let’s look at them separately and see which one is the most worth buying.

How to choose the fuel version?

The 2.0T EcoBoost two-wheel drive five-seat fashion model with a price of 229,800 yuan is the entry-level model of Sharp L Fuel Edition and the entry-level model of the whole department.It is equipped with front double airbags, front side airbags, side air curtains, tire pressure display, ABS, EBD, EBA, ASR, ESP, lane departure warning system, lane keeping auxiliary system, lane centering, road traffic signs, active safety system, fatigue driving tips, front collision warning, reversing radar, reversing image, full-speed adaptive cruise, driving mode switching, engine start and stop, and automatic. Uphill assistance, L2-level driving assistance, openable panoramic sunroof, roof rack, remote control key, keyless entry+start, hidden electric door handle, active closed air intake grille, remote start, leather steering wheel, steering wheel manual up and down+front and rear adjustment, multi-function steering wheel, 12.3-inch color LCD instrument panel, active noise reduction, leather/fabric mixed seat, front seat height adjustment, lumbar support of main driving seat, main driving. Front and rear/backrest adjustment of the second row of seats, proportional tilting of the rear seats, front central armrest, rear central armrest, rear cup holder, 13.2-inch central touch LCD screen, satellite navigation system, navigation road condition display, road rescue call, Bluetooth phone, voice recognition control system, car networking, 4G network, OTA upgrade, Wi-Fi hotspot, V2X communication, USB/Type-C interface, luggage compartment 12V. Mobile APP remote control, LED headlights, LED daytime running lights, adaptive far and near lights, automatic headlights, headlight height adjustment, 7-color interior atmosphere lights, and four-door electric windows., four-door window one-button lifting, electric adjustment of exterior rearview mirror, electric folding of exterior rearview mirror, heating of rearview mirror, rear wiper, induction wiper, three-temperature zone independent air conditioner, air outlet of rear air conditioner, PM2.5 filter device in the car, and 255/60 R19 tires. It can be said that this configuration performance is still very good for a model with a price in the early 200,000 yuan.

Compared with the 2.0T EcoBoost two-wheel drive five-seat fashion model, the 2.0T EcoBoost two-wheel drive seven-seat luxury model, which is 20,000 yuan more expensive, is equipped with front parking radar, electric trunk, position memory of electric trunk, leather-like seat, lumbar support of co-pilot seat, electric adjustment of co-pilot seat, front seat heating, third row seat, 27-inch central touch LCD screen display. If the budget is available, it is actually more cost-effective to spend an extra 20,000 yuan for these configurations.

For the fuel version, the 2.0T EcoBoost four-wheel drive seven-seat extreme model is its top model. Compared with the 2.0T EcoBoost two-drive seven-seat luxury model, it has more parallel assistance, rear collision warning, 360-degree panoramic image, reversing side warning, automatic parking, induction trunk, Bluetooth key, wireless charging of front and rear row mobile phones, ventilation of front seats, adjustable buttons in the back row of the co-pilot’s seat, leg rest adjustment of the second row seat, electric adjustment of the second row seat, ventilation of the second row seat, and second row seat heating. Although the configuration of this 30,000 yuan is enough and luxurious enough, after all, the price of 279,800 yuan is not low.

Therefore, for the fuel version, we recommend to buy a 2.0T EcoBoost two-wheel drive seven-seat luxury model with a price of 249,800 yuan.

How to choose a hybrid model?

For the hybrid version, its entry-level model is 2.0T EcoBoost E- hybrid two-wheel drive seven-seat fashion model, and its price is 249,800 yuan.Equipped with front double airbags, front side airbags, side air curtain, tire pressure display, ABS, EBD, EBA, ASR, ESP, reversing radar, reversing image, driving mode switching, automatic parking, electronic parking, uphill assistance, openable panoramic sunroof, roof rack, remote control key, keyless start+entry, hidden electric door handle, active closed air intake grille, remote start, etc. 12.3-inch color LCD instrument panel, active noise reduction, leather/fabric mixed seat, height adjustment of front seat, lumbar support of main driver’s seat, front and rear/backrest adjustment of second row seat, proportional reclining of rear seat, front central armrest, rear central armrest, rear cup holder, 13.2-inch central touch LCD screen, satellite navigation system, navigation road information display, road rescue call, Bluetooth phone, voice recognition control system, car networking, etc. OTA upgrade, Wi-Fi hotspot, V2X communication, USB/Type-C interface, luggage compartment 12V power interface, 8 speakers, mobile APP remote control, LED headlights, LED daytime running lights, automatic headlights, headlight height adjustment, 7-color interior atmosphere lights, four-door electric windows, one-button lifting of four-door windows, electric adjustment of exterior mirrors, electric folding of exterior mirrors, mirror heating, rear wiper, induction. For a hybrid model with a price close to 250,000 yuan,Its configuration performance is basically sufficient, but it is indeed slightly lower in driver assistance configuration.

Compared with the 2.0T EcoBoost E- hybrid two-drive seven-seat fashion model, The 2.0T EcoBoost E- hybrid two-wheel drive seven-seat luxury model, which is 20,000 yuan more expensive, has added lane departure warning system, lane keeping auxiliary system, lane keeping in the middle, road traffic sign recognition, active safety system, fatigue driving tips, front collision warning, front parking radar, full-speed adaptive cruise, L2-class auxiliary driving, electric trunk position memory, leather-like seat, front passenger seat waist support, The electric adjustment of the co-pilot seat, the heating of the front seat, the 27-inch central touch LCD screen, the split-screen display of the central control LCD screen, and the adaptive far and near light are still very cost-effective.

2.0T EcoBoost E- hybrid four-wheel drive seven-seat extreme model is 30,000 yuan more expensive than 2.0T EcoBoost E- hybrid two-wheel drive seven-seat luxury model. Equipped with four-wheel drive system, parallel assistance, rear collision warning, 360-degree panoramic image, reversing side warning, automatic parking, induction trunk, Bluetooth key, wireless charging of front and rear mobile phones, front seat ventilation, rear adjustable button of co-pilot’s seat, second leg rest adjustment, second seat electric adjustment, second seat heating, second seat ventilation, second independent seat and B&O stereo. Although the configuration has indeed increased a lot, and it is still practical, the price is not low.

As the highest-priced 2.0T EcoBoost E- hybrid four-wheel drive seven-seat ST Line in the whole department, its price is 10,000 yuan more expensive than that of the 2.0T EcoBoost E- hybrid four-wheel drive seven-seat extreme model. This 10,000 yuan is exchanged for sports appearance kit, steering wheel heating, HUD head-up display, leather/suede mixed seats, driver’s seat memory, car air purifier and 255/50 R21 tires, but at the same time it also reduces the ventilation of the front seat and the second row seat.

Therefore, for the hybrid model, we recommend to buy the 2.0T EcoBoost E- hybrid two-wheel drive seven-seat luxury model.

To sum up, that is to say, whether you buy a fuel version or a hybrid version, the most cost-effective of these seven models is the two-wheel drive and seven-seat luxury model.

For the brand-new Sharp L, in terms of appearance, its front face is replaced with a lattice air intake grille, and it is integrated with the light groups on both sides through a long and narrow light strip, plus a large number of black elements, which is rich in visual impact. C-shaped vents are adopted at the lower sides, which are more sporty against the black decorative board.

The side lines of the car body are smooth, and the C-pillar part adopts special modeling treatment to further increase the sense of fashion. In addition, the new car will also provide a hidden door handle, and we also see the L character at the end of the rear door, which also shows that the new car adopts an extended wheelbase. Similar through taillights are used at the rear of the car, and a matrix light group is also used. The English name of the model has also been retained, but after flattening, a lot of advanced texture has been added.

In terms of interior design, it adopts the same design style as Ford EVOS, a new generation of Mondeo, a new generation of Focus and other models, and the oversized screen is the biggest feature in its car. In addition, the all-new Sharp L is also divided into two models: the normal version and the ST-Line. The normal version uses beige and black interiors, while the ST-Line models have all-black interiors, with red decorations and the "ST-Line" red logo at the back of the chair.

For the all-new Sharp L, it adopts a 7-seat layout of 2-2-3, and the second row of seats adopts double zero gravity suspended first-class seats, which supports one-button service, and is equipped with independent leg rest, seat heating/ventilation, wireless charging, backrest angle adjustment and other functions, which can be said to make the second row of passengers enjoy the greatest degree of comfort.

In terms of power, it can be said to be the biggest change in the new sharp world L. It is equipped with Ford’s latest 5th generation 2.0T EcoBoost? twin-turbo direct injection engine with rated power of 202kW and maximum torque of 405nm. Its power split technology allows the vehicle control system VCU to accurately calculate the optimal efficiency of the engine and motor, automatically match the optimal power output mode, and make the whole power system always run in the optimal comprehensive efficiency range, thus achieving the balance between power and fuel consumption.

As for the battery of the hybrid system, the brand-new Sharp L adopts the brand-new low-nickel NCM111 ternary lithium battery, and its battery pack is smaller and lighter, and it has passed the rigorous tests of overcharge, acupuncture, seawater immersion, salt spray, drop, high and low temperature impact, cycle life and many other super-national standards. Obviously, for this power system, it is undoubtedly specially introduced by Ford for the new sharp world L.

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2023 Volkswagen LaVida 1.5 Automatic

The 2023 Volkswagen LaVida 1.5L automatic version is equipped with a 1.5L naturally aspirated engine and a 6-speed automatic transmission. This model is loved by consumers for its comfort and economy.

In terms of power, this 1.5-liter engine can output 116 horsepower with a peak torque of 150 Nm. Although the power data is not eye-catching, it is enough for daily driving. Moreover, naturally aspirated engines have higher stability and relatively lower maintenance costs.

In terms of comfort, Volkswagen LaVida has always been known for its excellent interior design and ride experience. The new model also adds some new configurations, such as full LCD instrument panel and larger central control panel, which further enhances the sense of science and technology in the car. In addition, LaVida’s space performance is also excellent, and the rear passengers can easily find a comfortable sitting position.

In terms of economy, LaVida’s fuel consumption performance is quite good due to the adoption of a more energy-saving naturally aspirated engine and a 6-speed automatic transmission. According to official data, the comprehensive fuel consumption of this car is about 5.5 liters /100 kilometers, which is very good for a family car.

Generally speaking, the 2023 Volkswagen LaVida 1.5L automatic version is a very practical family car, suitable for those consumers who pay attention to comfort and economy.

Blue Electric E5 PLUS pre-sale opens, sincere gift to the market

Blue Electric Vehicle has always been at the forefront of technological innovation and is committed to providing consumers with more environmentally friendly, intelligent and efficient travel solutions. Now, with the release of the shocking real car, an innovation storm on new energy SUVs has officially kicked off.

Leading the trend, the blue electric E5 PLUS is coming brightly

In the eyes of many people, the star member of the blue electric car family, the blue electric E5 PLUS, officially launched on the market with its stunning real car posture, announcing that a revolution storm in the field of new energy SUV is about to sweep through. This model, which combines futuristic design, excellent performance, luxury comfort and intelligent technology, will undoubtedly become a new favorite in the hearts of consumers.

Design innovation, future aesthetics within reach

The design language of the Blue Electric E5 PLUS is avant-garde and unique. It adopts a new design concept of "Future Flow Aesthetics". The body lines are smooth and tense, and the closed front face and the through belt complement each other to create a strong visual impact. Every detail has been carefully carved to show the unremitting pursuit of aesthetics and a deep understanding of the future of the Blue Electric brand.

Luxury upgrade, exclusive space redefined

Entering the cockpit of the Blue Electric E5 PLUS, a luxurious atmosphere is upon you. The spacious interior space benefits from its superior body size and wheelbase design, allowing both front and rear passengers to enjoy ample leg and head space. And the high-end material interior, exquisite workmanship and rich luxury configuration elevate the driving experience to a new level.

Smart future, technology empowers new travel experience

Blue Power E5 PLUS is equipped with the latest intelligent interconnection system, with a super-sized high definition touch screen and a smooth operation interface. By integrating advanced automatic speech recognition and artificial intelligence technology, it can achieve seamless interaction with users and provide a personalized car experience. At the same time, rich online entertainment and navigation functions also make travel more convenient and fun.

Excellent performance, worry-free battery life

In terms of power, the blue electric E5 PLUS also performs well. Equipped with the DE-i super electric hybrid system, it has excellent acceleration performance and stable driving quality. And the blessing of long cruising range allows consumers to avoid worrying about charging for long-distance travel. Whether it is urban commuting or outdoor adventure, the blue electric E5 PLUS can easily cope with various road conditions and scenarios.

The Blue Power E5 PLUS not only demonstrates the strong strength of the Blue Power brand in technological innovation and product design, but also brings consumers a more intelligent, convenient and comfortable travel experience.

The price is 1.098 million! BYD’s ＂black technology＂ luxury car is not afraid of floating and single-wheel puncture.

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　　After eight months of preheating,To the million levelThe first product that entered the car market finally went to the market.

　　On September 20th, Wangwang’s first model, Wangwang U8, was officially launched. The official price of the new car was 1.098 million yuan, which was consistent with the previously announced pre-sale price.

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　　Image from video screenshot

　　In the record of investor relations activities disclosed on September 18, BYD made a preliminary exposition on looking up to the black technology carried by the brand. In this listing activity, BYD also took the company’s understanding and research on core technologies as the "key words" of the conference.

　　In the view of Wang Chuanfu, chairman of BYD, shaping high-end brands does not depend on stacking configuration, but on design and technology.

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　　Easy Sifang technology leads to hot discussion in the market

　　At the beginning of this year, BYD launched the "Easy Sifang" technology when it released its look-up brand. According to reports, "Yi Sifang" is a set of fourThe dynamic system with independent drive as the core is surrounded by three dimensions: perception, decision-making and execution.The characteristics of the vehicle have been completely reconstructed, subverting the power system capability system of the previous fuel vehicle.

　　For example, after a single wheel of a vehicle has a flat tire, the "Easy Square" technology can accurately adjust the torque of the remaining three wheels at a frequency of 1,000 times per second, and make powerful compensation intervention on the body posture through the driving wheel in time to help the driver stop the vehicle stably and controllably. Today, this technology has been successfully applied to Wangwang U8, which has just been listed.

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　　When public opinion generally focuses on the million-class off-road vehicle launched by BYD, many investment institutions pay more attention to the core technology carried by BYD U8.

　　According to the analysis, BYD’s "Easy Sifang" technology platform is the key core technology of looking up to the brand. The independent driving of each wheel is realized through four wheels, combined with the deep fusion perception of the whole vehicle, and based on the technology of body stability vector control, the safety of the product can be further improved.

　　safe and soundIt is believed that the "Easy Sifang" technology platform and the launch of U8 are of great significance for independent brands to impact the high-end market. Looking up to the brand and positioning a million-level brand, before that, there were few models that reached this price band by independent car companies. The launch of "Easy Sifang" means that China brand has ushered in the opportunity to impact the high-end market with its core technological advantages, and has the ability to master the definition of high-end performance, which reflects to some extent that independent car companies areTechnical confidence of the times. In the long run, if we hope that the brand can form a certain market reputation and brand appeal among domestic and even global users, it will be of valuable reference significance for independent automobile enterprises to attack the million-level high-end market, and at the same time, it will be of great significance to enhance the self-confidence and cultural self-confidence of Chinese automobile brands.

　　Emergency floating function has attracted much attention.

　　At the press conference, BYDIt also introduces in detail the emergency floating function that has attracted much attention from the market. It is reported that this function has achieved the whole system standard in looking up to U8 models.

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　　According to reports, looking up at U8 has a good sealing performance, which can ensure that the vehicle does not sink. At the same time, its easy-to-square technology can ensure the control of the vehicle after it enters the floating state by mistake. When the emergency floating capacity is triggered, the engine looking up to U8 version will automatically shut down in advance.

　　"Looking up to U8′ s emergency floating ability is passively triggered. When the user starts wading mode through the Xinghe curved screen and starts wading, the vehicle will pass a variety ofMonitor the wading depth, body posture, wheel slip state, etc. If it meets the floating conditions, it will automatically trigger emergency floating, and realize the forward and steering control of the vehicle after it enters the floating state in the water. According to BYD insiders, this function can greatly ensure the safety of drivers and passengers when the vehicle accidentally wades.

　　first half of a yearA year-on-year increase of 220.02%

　　Not long ago, BYD disclosed the 2023 semi-annual report. The financial report shows that BYD achieved revenue of 260.124 billion yuan in the first half of the year, a year-on-year increase of 72.72%; The net profit of returning to the mother was 10.954 billion yuan, a year-on-year increase of 204.68%; The net profit after deducting non-profit was 9.695 billion yuan, a year-on-year increase of 220.02%.

　　BYD introduced that in the first half of the year, the company consolidated its leading position in the field of new energy vehicles, and its market share expanded to 33.5%, an increase of 6.5 percentage points over 2022.

　　In terms of sales volume, in the first half of the year, BYD acted as China.Automobile leader, with a cumulative sales volume of 1,255,600 vehicles, up 95.78% year-on-year. It is worth mentioning that in addition to continuously expanding the sales scale, BYD also focused on high-end breakthroughs in the first half of the year. It is reported that in addition to looking up to the brand, the main market range of BYD Tengshi brand has been locked in the market of 300,000 to 500,000 yuan, and the personalized brand equation Leopard will be in the price range of 400,000 to 600,000 yuan. This means that at this stage, BYD’s product portfolio has fully covered almost all levels and prices of the mainstream new energy passenger car market in China, and there is a trend of continuous upward penetration.

[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.

　　

Second aunt looks at fashion： the CEO of Fulang Group is replaced; De Beers’ high-level reshuffle; Levi’s CEO will retire

21st century business herald reporter Gao Jianghong Intern You Yunqian Zhang Yizhen Beijing Report

Last week, many companies experienced major personnel changes. HanesBrands, the parent company of Champion, appointed a new chief marketing officer, and the senior management of Lanvin Group of Fulang Group and De Beers De Beers Group changed.

In terms of financial report, lululemon’s sales rose by 19% in the third quarter and lowered its annual performance guidance. The performance of British luxury watch retailer Watches of Switzerland did not increase in the first half of the fiscal year.

In terms of brand activities, Ralph Lauren will speed up the layout of the China market and open more than 30 stores every year; LVMH Group will sell a majority stake in the cruise retail business; Alibaba’s representative will withdraw from Farfetch’s board of directors; Amazon will drastically cut the fees of cheap clothing sellers; Balenciaga will set foot in the field of high-end jewelry for the first time; Miuccia Prada and Raf Simons will appear in Prada Shanghai exhibition; and PANTONE will announce the representative color of 2024.

1. lululemon’s sales rose by 19% in the third quarter, and its annual performance guidance was lowered.

Recently, Lululemon, a yoga sportswear brand, released its financial report for the third quarter of fiscal year 2023. In the first three quarters, the group’s sales increased by 20% to $6.414 billion. In the third quarter ended October 29th, lululemon’s sales increased by 19% year-on-year to US$ 2.2 billion, including 12% in North America, 49% in international business, 57% in overall gross profit margin and 2.6% in net profit to US$ 249 million.

For the fourth quarter of fiscal year 2023, lululemon expects net revenue to be between $3.135 billion and $3.170 billion, an increase of about 13% to 14%, which is lower than analysts’ expectations. For fiscal year 2023, lululemon expects net revenue to be between $9.549 billion and $9.584 billion, an increase of about 18%.

However, due to the tightening of spending by consumers, lululemon expects sales in the holiday season to be lower than expected. At the same time as the financial report was released, the board of directors of the group approved an additional share repurchase plan of up to $1 billion.

Comments: The revenue guidance in the fourth quarter lags behind Wall Street’s expectations, which is a rare mistake for this retailer whose performance often exceeds investors’ expectations. However, lowering the performance guidance may also be to achieve "unexpected growth", which is their old routine.

2. Ralph Lauren will speed up the layout of the China market and will open more than 30 new stores every year.

Ralph Lauren will accelerate its development in China market in 2024 and realize long-term and sustainable growth and value creation. Cai Xinhui, CEO of the brand’s China market and Southeast Asia, revealed that Ralph Lauren plans to open more than 30 new stores in China every year in the next few years, which will spread to more smaller cities while occupying a place in major cities.

Comments: In the cold winter of the market, mid-range luxury brands are eager to find a new way out. Although Ralph Lauren has been synonymous with the style of "old money" on social media in the past two years, the market has never reached a consensus on whether Ralph Lauren is a luxury brand. It is a foregone conclusion that refined luxury style will return. As a representative brand of this style, Ralph Lauren’s popularity has been rising in recent two years, especially in the China market. In the little red book, there are more than 90,000 notes related to "old money style". Besides fashion, this style has even penetrated into more subdivided fields such as home decoration, wedding and manicure. Continuing to bet on the China market is a promising move for Ralph Lauren.

3. Watches of Switzerland, a British luxury watch retailer, has no growth in the first half of fiscal year.

In the six months to the end of October, the sales of Watches of Switzerland recorded a year-on-year flat record of 761 million pounds, and the adjusted EBITDA fell by 10% to 94 million pounds, and the operating profit plummeted by 16% to 78 million pounds. By region, income in Britain and Europe decreased by 4% to 433 million pounds, while income in the United States increased by 5% to 328 million pounds.

Comments: Earlier, it was reported that the waiting list of Rolex watches was shortening, and the number of people waiting for some watches was shortened from 10,000 to 8,000, partly due to the cooling of global luxury consumption and reduced market demand. On the other hand, the downturn in the cryptocurrency market has further weakened the demand for luxury watches. It is true that the luxury watch market is blocked.

4. LVMH Group sells a majority stake in the cruise retail business.

French luxury goods giant LVMH Group said on December 8th that it has signed an agreement to sell a majority stake in Cruiseline Holdings Co., the parent company of Starboard & On Board Cruise Services, to a group of investors led by Jim Gissy.

Jim Gissy is the executive vice president of Westgate Resorts, a Florida timeshare company. Starboard was founded in 1958 and is headquartered in Miami. By the end of 2022, Starboard had more than 700 duty-free retail outlets selling handbags, jewelry, watches and beauty products on about 82 holiday cruise ships of companies such as Carnival Cruise Line, Royal Caribbean and Holland America.

Comments: LVMH will remain an "important minority shareholder" of the new entity despite the sale of equity. LVMH said in a statement: "New investors are strategic partners in the field of holiday retail, with innovative culture and growth philosophy." Who can do it for you? Cruise ships are also an important part of the luxury industry, and the development prospects are still considerable.

5. Levi’s CEO will retire.

Levi’s recently announced that CEO Chip Bergh will retire on April 26th next year, and the current president Michelle Gass plans to succeed him as the new leader of the group on January 29th next year. During Chip Bergh’s 12-year tenure, Levi’s has gradually developed into one of the best clothing companies in the world, promoting brand performance to achieve breakthrough growth.

Comments: Bergh reshaped Levi’s brand image, maintained its brand characteristics in the ever-changing competitive landscape, did not blindly pursue the trend, and paid attention to brand marketing. The great hero is about to retire. At present, consumers are increasingly cautious. The prospect of jeans brands or manufacturers like Levi’s, whose income comes from wholesale channels, is full of uncertainty. Can Levi’s new CEO take on the heavy responsibility?

6. Champion parent company HanesBrands appoints a new chief marketing officer.

HanesBrands, the parent company of American Fashion Champion and the American underwear and sportswear manufacturer, announced the appointment of Richard Mcleod as the vice president and chief marketing officer of Champion. In this position, Richard Mcleod will be responsible for promoting Champion’s global brand strategy and omni-channel brand positioning.

It is reported that before joining Champion, Richard Mcleod worked for Canada Goose, a Canadian down coat brand, and served as senior vice president of Canada Goose, responsible for brand development, growth and performance. Previously, he held senior leadership positions in companies such as Foot Locker, LVMH’s Hennessy, Pernod Ricard and Bacardi, and led the marketing activities of well-known wine and spirits brands such as Grey Goose, Bombay Sapphire and D’usse Cognac.

Comments: HanesBrands Group announced its third-quarter financial report, showing that sales decreased by 9.5% year-on-year to $1.51 billion, gross profit margin was 31.1%, and operating profit plummeted by 53% to $66 million. Can the new coach effectively reduce losses and turn losses into profits?

7. The top management of Lanvin Group of Fulang Group has changed greatly.

LANVin Group (NYSE: Lanv), a global fashion and luxury goods group, announced on December 8 Joann Cheng Yun, chairman and CEO of the group, had submitted his resignation to the board of directors and would start a new business in the future.

The board of directors of the group announced the appointment of director Huang Zhen as the new chairman of the group and Eric Chan as the CEO of the group, effective from December 7.

Fulang Group said that the appointment of Chen Jianhao comes at an important moment for the Group to expand the retail market in North America, Europe, Asia and the Middle East around the next stage of its brand growth. Huang Zhen said that Chen Jianhao’s rich experience in the fields of real estate and consumption will provide great value for the next stage of the Group’s growth and expansion of global business.

Comments: Fulang Group has now developed into a global fashion luxury group listed on the NYSE, and has maintained a steady growth momentum in the past few years. The two generals have extraordinary strength. Can they continue to write a chapter?

8. Alibaba’s representative withdrew from Farfetch’s board of directors

China’s e-commerce giant Alibaba recently announced that its president and board member, J. Michael Evans, has resigned from Farfetch’s board of directors, with immediate effect. It is understood that J. Michael Evans has been the president of Alibaba Group since August 2015 and joined the board of directors when Alibaba became a shareholder in Farfetch in 2020.

Comments: Previously, Richemont Group, which is also a shareholder, said that it would not undertake any financial obligations to Farfetch and did not intend to provide loans or investments to Farfetch. Ali also made a statement now, and Farfetch’s prospects were not good. Judging from the global situation of consumers returning to offline consumption experience, the reduction of non-essential expenses and the overall slowdown of luxury goods industry this year, Farfetch’s sudden departure seems to be certain.

9. The demand for diamonds is sluggish, and the giant De Beers has reshuffled its top management.

De Beers, the world’s largest diamond supplier, announced on Monday that two senior executives, namely David Prager, executive vice president and chief brand officer, and Ryan Perry, executive vice president of strategy and innovation agency, will remain on the executive committee until a successor is found. David Prager and Ryan Perry will continue to serve on the Executive Committee and oversee the transition of their responsibilities to other members. Tom Johnson is appointed as the general counsel, with effect from January 1, 2024. He will join the Executive Committee and be responsible for supervising the company’s legal and secretariat functions.

Comments: A series of personnel changes are considered as necessary measures for De Beers to cope with the current global diamond industry crisis. According to media reports, the global demand for diamonds has dropped to the lowest level since the epidemic, because global economic challenges continue to affect people’s demand for luxury goods. However, what needs to be more vigilant is the impact of the laboratory cultivation diamond industry on natural diamonds.

10. Amazon slashed the fees of cheap clothing sellers to meet the challenges of Shein and Temu.

Amazon, an American e-commerce giant, is slashing the fees for clothing sellers with prices below $20. The transaction fees for clothing products with prices below $15 will be reduced to 5%, and those for clothing with prices between $15 and $20 will be reduced to 10%, compared with 17% in the past.

Lucas Barnes, a former Amazon executive, said, "This will make Amazon more competitive in the field of low-priced clothing, because a dollar or two can make a big difference."

Comments: Although the company did not explain why it did this, it is widely believed that this shows that Amazon is preparing to fight a price war with China’s cross-border e-commerce companies Shein and Temu.

11. Open up new maps! Balenciaga set foot in the field of high-end jewelry for the first time.

The French luxury brand BALENCIAGA and Jacob & Co cooperated to create the "Diamant" high-end jewelry series, which was unveiled at the fall fashion show in 2024. This is the first time that Balenciaga has set foot in the field of high-end jewelry. It is understood that the series is made of 18-carat white gold and diamonds, including a large and heavy necklace and bracelet, a text theme style called "Typo", including a thin necklace and an oversized two-finger ring, designed to spell the word BALENCIAGA in a handwritten font style, and each diamond is hand-inlaid. Balenciaga x Jacob & Co. series has been exclusively booked on Rodeo Drive immediately after the show, and each model is customized for individuals. The production and delivery cycle is 3 months.

Comments: Since Demna Gvasalia became the new design director of Balenciaga, a lot of popular global fashion products have emerged. With exaggerated design and high price, the new products have a strong topicality, which often explodes the Internet. It is precisely this controversy that makes Balenciaga have a high flow among luxury brands, and it has risen rapidly in the fashion circle, and the products have become a proper out-of-stock king. What new trend will it bring when it comes to high-end jewelry this time?

12. Miuccia Prada and Raf Simons appeared in Prada Shanghai Exhibition.

To celebrate the opening of Pradasphere II exhibition in Shanghai START Star Art Museum, Prada co-creative directors Miuccia Prada and Raf Simons, as well as a group of brand executives appeared at the event site. This exhibition is the second appearance after the Pradasphere exhibition was successfully held for the first time in 2014, and will be open to the public free of charge from December 7 to January 21, 2024. The exhibition traces the history of Prada since its founding in 1913, and exhibits more than 400 physical and digital works of art, including the collection of fashion archives and the achievements of cross-border cooperation with art, architecture, culture and sports for decades.

In addition, Prada CEO Gianfranco D’Attis said that the company’s goal is to double its business in China in the medium term. Prada will open more stores, launch more localized products and marketing activities in China market. This means that the corresponding investment will increase, including opening larger stores, launching more localized products and holding more marketing activities. He also revealed that Prada plans to take the hotel concept as part of its globalization strategy and may launch it in 2024-2025.

Comments: After the construction of "Prada Universe" is completed, it is not difficult to see its ambition of further becoming upstream. To achieve this goal, the China market is a key link.

13. PANTONE announces the representative color of 2024.

PANTONE, an international color authority, recently released the representative color of 2024, and named it "Peach Fuzz" after PANTONE 13-1023. This is a comfortable and warm peach color, which just blends the elements of pink and orange, showing a fresh, soft and emotional atmosphere.

Since 2000, PANTONE has made annual color forecasts, which are selected through in-depth trend forecasts and socio-economic conditions, lifestyles and political influences (such as fashion, entertainment and tourist destinations).

Comments: Looking back at the popular colors released by Pan Tong in recent years, Viva Magenta, Very Peri and Illuminating Yellow all represent high saturation. At present, the pressure of life and work is great, and the popular colors turn into softer tones, which seems to correspond to "harmony" and "recovery"”。

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