Endurance and intelligent driving are all top! How to choose Extreme Yue 07?

When it went on the market, the market feedback was great, not only because the improvement of the intelligent cabin and intelligent driving ability of this car was very exaggerated, but more importantly, even the low endurance of the three SKU versions launched this time was very sufficient.

In this article, AutoNet Xiaobian will take a detailed inventory of the advantages of this model in smart driving and smart cabin, and which version of the three SKUs is the most cost-effective and suitable for what people.

First of all, the smart driving of Extreme Yue 07 comes from the empowerment of Baidu, yes, it is the smart driving with a cumulative investment of over 170 billion.

At the press conference some time ago, Extreme Yue upgraded PPA Intelligent Driving to ASD(Apollo Self Driving) Apollo Advanced Intelligent Driving. At the same time, by the end of 2024, ASD can be used in places with Baidu navigation maps, which can be opened all over the country.

For the price of this ultra-high-level ASD smart driving package, the buyout price is 29,900 yuan, and the limited-time preferential price is 4,999 yuan. The latest monthly subscription price is 599 yuan/month, and all new and old car owners are given free ASD smart driving packages for three months.

In the intelligent cabin, Extreme Yue SIMO is also the first product on board to get involved in the ERNIE Bot model, and in the version 2.0 of Extreme Yue 07, its ability is further improved. Popular and easy to understand, it is more humanized.

SIMO of 2.0 has many abilities, such as curiosity exploration, role-playing, scene mode and so on.

For example, while driving, you can ask about the housing price of the neighborhood near SIMO, recommend an authentic "fly house", find a middle place to meet and chat with friends, etc., and play the role of tutor, car expert, raiders expert, etc., and also support 10000+ user-defined scene settings.

Finally, let’s take a brief inventory of the SKU of Extreme Yue 07 and the corresponding battery life.

In the three SKUs of Extreme Yue 07, three different batteries were used, namely 71.4kWh Ferrous lithium phosphate, 100kWh ternary lithium battery and 93.4kWh ternary lithium battery.

In the entry-level version, the battery life of the Extreme Yue 07 can reach 660km, which is longer than that of most entry-level models. From a practical point of view, it can really meet the battery life needs of most people.

At the same time, the basic version of Extreme Yue 07 is also equipped with high-level intelligent driving and intelligent cabin capabilities, and the goal of getting started is achieved.

And if you have higher requirements for battery life, then Extreme Yue 07 is equipped with a large battery of 100kWh on the long battery life version of 219,900, and the battery life has reached 880km, which is unique in the same level. This is my personal opinion, the most cost-effective version of Extreme Yue 07 among the three SKUs at present.

Top with 289,900 four-wheel drive +800V version, which is more suitable for players with high performance requirements.

It only takes 10 minutes to charge from 10% to 80%, and it can replenish 600km, which is equivalent to "1 km per second". The fastest charging rate is 5C, which is the fastest charging speed in the global production car!

In summary, I believe it should be clear to everyone how to choose Extreme Yue 07.

The average monthly loss is 100 million! Lantu is listed to raise 5 billion yuan, and traditional car companies open "equity for capital"

The new energy vehicle market continues to thrive, but Landmap’s performance is lackluster.

A few days ago, the Shanghai United Equity Exchange disclosed the information of the capital increase project of Lantu Automotive Technology Co., Ltd. (hereinafter referred to as "Lantu"). The content shows that before the capital increase, 89.66% of the equity of Lantu Automobile was held by Dongfeng Group, and the remaining 10.34% equity was held by employees. After the capital increase is completed, it is expected that Dongfeng Group will hold no less than 77% equity, strategic investors will hold no more than 15% equity, and the employee stock ownership platform will hold no less than 8% equity. It is understood that the proceeds raised by Lantu Automobile will be used for "technology research and development, digital system construction, capacity construction and marketing investment and other matters related to the main business operation and expansion of the capital increase party."

At the same time, Dongfeng Group disclosed the operating data of Landmap. The operating data shows that, In the first half of 2022, the operating income of Lantu Automobile was 883 million yuan, and the net loss was 738 million yuan. As of June 30, 2022, the total assets of Lantu Automobile were 7.413 billion yuan, and the total liabilities were 6.529 billion yuan.

Sales data show that in the first half of 2022, Lantu accumulated sales of 5676 vehicles, with an average monthly delivery of 946 new cars, and the annual sales target completion rate of 46,000 vehicles was only 13.5%. In contrast, Geely’s high-end new energy brand, JK, delivered a total of 19,010 new cars in the first half of 2022. In contrast, Lantu, which is also a high-end electric brand under traditional automobile companies, has a slightly dismal market performance.

Founded on June 26, 2021, Landmap has high hopes as the vanguard of Dongfeng Group’s impact on the high-end new energy market. Lu Fang, CEO of Landmap Automobile, once said: "Landmap is an important strategic layout for Dongfeng’s transformation and upgrading, carrying the dual mission of Dongfeng’s brand upward and exploring a new model of independent brand development."

At present, Landmap has two models on sale, namely SUV Landmap FREE and MPV Landmap Dreamer, of which Landmap FREE was officially launched in June 2021. According to the official data, Landmap FREE completed the delivery of 10,000 vehicles in only 205 days.

After entering 2022, the development of Lantu is also very unsmooth. According to the production and sales express released by Dongfeng Group, the cumulative sales of Lantu in January-August 2022 are 11100 units, of which 2429 units are sold in September. According to the sales target of 46,000 units expected to be set at the beginning of the year, 24.13% of the annual target has been completed; according to the sales target of 31,000 units adjusted in the middle of the year, 35.81% of the annual target has been completed, and the timeline of 2022 has passed 75%.

Compared with major competitors such as Ideal and AITO, Landmap’s positioning of the target consumer group is not clear, which results in a low user perception of its recognition and value, further affecting consumers, especially those with family car needs.

As a new high-end new energy brand, Lantu chose an extremely difficult route at the beginning. The price range of 30-400,000 yuan belongs to the high-end consumer market. In this price range, consumers considering fuel vehicles will mostly choose traditional luxury brands such as BBA, while consumers considering new energy vehicles may consider high-end new energy models such as Model Y, NIO ES6, and Ideal ONE.

Although LANTU FREE provides two power versions of pure electric and extended range, the factors that affect consumers’ car purchases are not only the product itself, but also the brand influence. In other words, although LANTU is positioned as a high-end new energy vehicle brand, the development of Dongfeng Automobile behind it is mediocre. Its passenger car brands, including Fengshen, Scenery, Fengxing, etc., are the main 100,000-level car market, while LANTU is at the 30-400,000 level, with huge differences before and after.

Wang Chuanfu, chairperson and president of BYD, once pointed out to "new players" who build cars: "Maybe losing 5 billion yuan is not much, but losing three years, how much is it worth? You can’t buy it with money."

On July 19, Lantu made the largest personnel adjustment since its establishment: Lantu CEO Lu Fang no longer served as the Chief Technology Officer (CTO), and the position was held by Wang Junjun, deputy director of the DONGFENG MOTOR CORPORATION Technology Center. In addition, Qin Jie served as the interim party committee member and party secretary of Lantu Automobile; Liu Mingjiao served as the interim party committee member, disciplinary committee member, and disciplinary committee secretary of Lantu Automobile; Gong Xuesong and Shao Mingfeng served as the assistant general manager of Lantu Automobile.

Of course, Dongfeng’s expectations for Lantu would not only depend on three to five years of development, nor would it require it to reach a new height in the industry in the short term. Perhaps, with Dongfeng Group, Lantu did not have much advantage, but the latter two like NIO and Ideal might have stronger strength. Therefore, how to make up for the shortcomings and take the long board and compact the competitiveness of the product may be what Lantu needs to study in depth next.

The importance of Landmap to Dongfeng was self-evident, representing Dongfeng’s expectation of attacking the independent high-end market. Behind the personnel adjustment, Dongfeng was dissatisfied with the current situation of Landmap, trying to inject new blood into the management team and open up a new development situation. As for whether Landmap could seize this opportunity, it might determine whether there would be a place for Dongfeng in the second-tier pattern of new forces in the future.

Responsible editor: Yanlin

One article to understand – Jaguar XEL can drive home 299,800

In the development of science and technology, the automotive industry has always been at the forefront, and advanced technology will be the first to arm the car. Such equipment is still very popular with consumers. Today, I picked a car among the medium-sized cars to introduce to you. It is. So whether this car is a mule or a horse, let’s take a look at its actual performance.

Take a look at the appearance of the Jaguar XEL first. The front face of the Jaguar XEL looks very domineering, with a black mesh grille, it looks relatively simple. Then with the headlights, it has a great visual impact. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, delayed closing, etc. Come to the side of the car, the body size of the car is 4778MM*1850MM*1429MM, the car adopts a delicate line, the side circumference presents a domineering and stylish design style, with large-sized thick-walled tires, the overall visual effect is very simple. Looking back, the rear of the car looks very simple, the taillights look very young personality, coupled with the unique shape of the exhaust pipe, the overall look is very sturdy.

In terms of interior, the front face of the Jaguar XEL looks very stylish and simple, and the visual effect is very good. The appearance of the steering wheel of the car looks very good, equipped with functions such as manual up and down + front and rear adjustment of the steering wheel, giving people a bright feeling. Take a look at the central control, with a 10.25-inch touch LCD central control screen, which makes the interior design quite layered and looks quite dynamic. Let’s take a look at the dashboard and seats. The car is equipped with a streamlined dashboard, and the trendy design elements make people remember it at a glance. The car uses imitation leather seats, which are well-wrapped and well-made. The materials are exquisite, and the ride is comfortable.

The Jaguar XEL is matched with a manual integrated (AT) gearbox, with a 100-kilometer acceleration time of 7.3s. The power performance is good, and it meets the needs of daily use.

The Jaguar XEL has no problem with two luggage bags in the trunk, and the rear seats cannot be reclined, which is a pity. In addition, the car is equipped with fatigue reminders, anti-lock brakes (ABS), LED daytime running lights, brake assistance (EBA/BAS, etc.), braking force distribution (EBD) main driver airbags, passenger seat airbags, side air curtains, front side airbags, and other safety features.

After reading this car, I believe you have a general understanding. This car performs well in terms of space and configuration. As for the exterior design, everyone has their own unique aesthetic.

Ruan Jingtian’s family background is rich and Zheng Yuanchang sets up a street stall, and the background of Taiwan’s Xiaosheng is revealed

Abstract: There are many popular students in Taiwan, and some of them are popular all the way. "Qiu Ze: Qiu Ze was born into a working family and grew up in a single-parent family. His father was a taxi driver, his mother was a hairdresser, and his parents divorced when Qiu Ze was 3 years old.

There are many popular students in Taiwan, and some of them have been successful all the way. Although they are dazzling stars on the stage today, their very different backgrounds are little known. Let’s reveal the background of these handsome guys one by one for you.

Ruan Jingtian: Ruan Jingtian’s great grandfather once opened a sauce garden to enrich a party. Recently, the family background of Taiwanese male star Ruan Jingtian was exposed by the media. According to media reports, his great grandfather Ruan Jiliang is the third generation descendant of Wanchang Sauce Garden, named Shang Fu, with the word Liang Bi, Ji Liang is his number, known as "Eighth Master". Zhejiang Wanchang Sauce Garden is the predecessor of Zeguo Winery, where the famous old wine of Zeguo is produced. In the generation of Ruan Jiliang, the Ruan family flourished for a while. According to the "Wenling County Chronicle" compiled in 1990, Ruan Shangfu and his brother Ruan Shangzhi had a total of 1,850 acres of land, 1 bank, 4 pawn shops, dozens of shops, and more than 200 houses. It was known as "Ruan Ban Street". There were private armed "Ruan Family Team" and 2 machine guns. In 1949, at the beginning of the liberation of Wenling, Ruan Jiliang was intimidated by the revolutionary situation and ran away to hide. In 1955, Ruan Jiliang’s two sons, Ruan Quanxi and Ruan Cangxi, both went to Taiwan. Despite the changes of time, there are still traces of Ruan Jiliang’s life in Zeguo and the surrounding area. The Wanchang Sauce Garden near Xianzeguo Primary School and the "Tomb of the Eight Elders" near Feiquan Temple in Yandang Mountain have attracted Ruan Jiliang’s descendants to follow in the footsteps of their ancestors.

Ruan Jingtian was born into a military family. Ruan Jingtian was born into a military family. Before entering the industry, he was a swimmer and won the Taichung Iron Man two championships in high school. His dream was to be a pilot, and he has passed relevant exams. In 2002, he was favored when he accompanied a friend to audition and starred in the "Love" MV of Penny Dai. After that, he signed a contract with Kaiwo Model Agency, which mainly focuses on walking shows and shooting advertisements. He also cooperated with Wang Fei, Zhang Huimei, Sun Yanzi and other divas in MV, and the other two male models of the company, Zheng Yuanchang and He Junxiang, also called "Kaiwo Three Musketeers".

There are 8 left bodyguards in public places. When he was a child, Zheng Yuanchang was a fat boy, much different from what he looks like now. When he was in high school, his father hoped that Zheng Yuanchang would study science and engineering, but he hoped to achieve his ideal in art. He knew in his heart that if he chose acting, the road might be very bumpy. If he was lucky, he might become popular overnight, and if he was unlucky, he might be broke. Very practical problems were in front of him, and after being shaken for a while, Zheng Yuanchang still chose to follow his father’s advice. But life still did not bury the boy who was 190 cm tall when he was in middle school in this country. That’s it, a friend casually recommended Zheng Yuanchang to participate in the model selection. He thought, anyway, try it, it doesn’t matter. Who would have thought that this step would enter the door of the entertainment industry and become a popular small student in Taiwan today. In the past, Xiao Zong usually took a taxi to other places, but now there are about 8 bodyguards in public places.

He Junxiang: He Junxiang was born into a family of military officers. According to Lianhe Zaobao, He Junxiang’s uncle is Hu Zhenqiu, a former deputy director of the National Security Bureau, who later served as a national policy advisor to the presidential palace. His uncle’s younger brother is Hu Zhenpu, the army commander-in-chief, and his family background is quite prominent. He Junxiang was suspected of evading military service because he had never graduated from his studies, but he revealed that his family elders were all high-ranking soldiers. He was educated and managed by militarization since he was a child. He said frankly: "The boys in the family are all soldiers. If any child does not join the army, he will lose face to his family." To prove his innocence, it is not to evade military service.

He Junxiang wanted to be a physical education teacher when he was a teenager, and later a friend took him to practice boxing. He Junxiang himself admitted that "I was ready to practice boxing well, so I went to the boxing supply store with my teacher and classmates to buy boxing supplies. As a result, an editor of" Men’s Gang "magazine was there. When he saw me, he asked me to take pictures. After taking pictures, he signed a contract with Kaiwo. Later, he took a MV, and then I made my debut." Later, He Junxiang made his debut as a model and entered the entertainment industry. Now he has become a popular student of Taiwanese idol dramas and is an idol of many female fans.

William Li: William Li’s father left without saying goodbye when he was 5 years old. He started working at the age of 13. His grandfather was British, his grandmother was of mixed Japanese and German blood, and his mother was Singaporean. He had an unpleasant childhood experience. At the age of 5, his father unexpectedly left without saying goodbye. Not only did he leave his mother, but he and his brother did not want him. In order to make a living, his mother had to work two jobs to support the family. William Li was a "key child" from the age of 5. He went home alone after school and ate the dishes cooked by his mother in advance. In school, William Li often could not speak a word all day. Because he was too quiet and too shy, William Li was often bullied by his classmates. William Li has been living in his own world. Finally, at the age of 13, he started a working life to help with the family. He worked many jobs, including porter, waiter, flyer, etc. At the age of 16, he also worked as a salesperson for Christmas supplies, knocking on doors every day. Rejection was a common occurrence for him. Unable to break the fear of facing crowds, he joined his brother in the modeling world, encouraged by his mother and brother.

In 2001, William Likely stood out in the male model selection in Singapore and represented Singapore in the "World Top Model Competition". He passed all the way and won the title of "No. 1 in the 2001 World Top Model Competition" and the "Best Body Award". In this regard, William Likely said: "The god of luck has favored me since this time." Later, he starred in "The Kingdom of Heaven’s Wedding Dress" with Wang Xinling, which made him easily famous. According to Lianhe Zaobao, William Likely currently earns a net worth of hundreds of millions of Taiwan dollars in Taiwan, and he is a noble son in and out of the play. He owns four houses in Taiwan and has a net worth of hundreds of millions of Taiwan dollars. In fact, he is frugal by nature and is often called "governor". He also shops around in stores. Imported instant noodles from Singapore sold in Taiwan are twice as expensive. He would rather return to his hometown by air at NT $30 (about S $1.25) per pack of instant noodles to Taiwan. He also saves water and electricity. He can turn off wherever he goes at home and drive a diesel car in Taiwan, which is environmentally friendly and saves money.

Zhao Youting: Zhao Youting comes from an acting family. Zhao Youting, a Taiwanese actor born in 1984, is the youngest son of Taiwanese artist Zhao Shuhai. He returned to Taiwan from Canada to enter the acting industry. He starred in the first TV series "Ruffian Hero" in 2009 and made his debut. Won the Best Actor Award at the 44th Taiwan Golden Bell Awards, and jumped to the rank of emperor.

Zhao Youting’s father, Zhao Shuhai, is a Taiwanese singer, actor, lyricist, composer, and TV host. He graduated from the mechanical engineering department of Huaxia Institute of Technology and was an outstanding folk singer during the heyday of campus folk songs in the 1970s. He once hosted "Let’s Come Together", which was popular all over the world. He also presided over a number of scientific research and other research projects, and made major inventions and creations in the work of electric power anti-pollution flash. Since Zhao Youting’s debut, he has been smooth sailing all the way, and his father Zhao Shuhai has made great contributions. Not only has he laid a solid foundation for his son’s career, but he has also been extremely protective of his son. At that time, Zhao Youting and Zhou Yumin were competing for the Golden Bell Award for Best Actor, and Zhou Yumin’s fans on the Internet posted some negative messages to Zhao Youting. Zhao Shuhai was eager to protect his son and directly scolded him on Weibo to seek justice for his son.

Tang Yuzhe: Tang Yuzhe lost his father in childhood. In idol dramas, Tang Yuzhe is full of aristocratic gentleman temperament. Tang Yuzhe grew up in a single-parent family, and his father passed away when he was young, leaving only his sister and mother together. It is reported that when he was in the first year of the country, his father passed away in an accident on the construction site, which also gave Tang Yuzhe a great blow and made him become taciturn.

After being brought into the entertainment industry by a talent scout, Tang Yuzhe’s family worked hard for a living. Tang Yuzhe himself graduated from high school and was discovered by talent scouts while working part-time. Tang Yuzhe once confessed: "Although no one cared about my life during that time, I seemed to be free and could do whatever I liked, but it was the time when I was the most unhappy." Until he was 20 years old, the days without his family made him feel extremely uncomfortable, because no one shared with him whether he was happy or not. He said: "At that time, I would not say anything happy or unhappy when I encountered it. I just kept it in my heart. It was like closing myself up. I didn’t know how to talk to people very well. I just kept everything in my heart. At that time, I began to dream that if one day I could make a lot of money, I would buy land by the sea and build a beautiful big house to share my family with my mother, sister and future wife."

Qiu Ze: Qiu Ze was born into a working family and grew up in a single-parent family. His father was a taxi driver, his mother was a hairdresser, and his parents divorced when Qiu Ze was 3 years old. Just like every child from a single-parent family, he was forced to be independent very early, and he experienced the loneliness and insecurity of being alone at home very early. Since Qiu Ze’s memory, his father drove a taxi for 15 or 6 hours a day, and it was very difficult to pay rent and living expenses. As long as the lease expired, he kept moving with his father. He moved back and forth at least 8 times. When he signed a contract to enter the entertainment industry, even though Qiu Ze made some money, he still lived in a rented house.

Yan Yalun: Yan Yalun’s father is a famous doctor, Yan Yalun, his real name is Wu Genglin, and he is the youngest member of the Taiwanese male singing group Fahrenheit. He lived in Connecticut, USA for more than 5 years when he was in elementary school, and served as part of the location host of the Japanese TV program C-POP WORLD in Taiwan. There are one father, one mother and one sister in the family. His father, Wu Mingxiu, is an attending physician in the Department of Nephrology at National Taiwan University Hospital, and the director of the Blood Purification Department of the Comprehensive Clinic. He is a medical doctor from the Department of Medicine of National Taiwan University, and a doctor from the Institute of Physiology of National Taiwan University School of Medicine, Dr. Bandi. His mother was a well-known model back then, opened an economic company, and is now a housewife. His biological sister, Wu Minpei, is 2 years younger than him

He was called a young master by Big S, and it was learned that Yan Yalun was a premature baby with poor health, so his family loved him very much. Big S also said in the disclosure that he was a young master. Because of the good living conditions at home, Yan Yalun studied abroad since childhood and spoke authentic English. His family education was very strict. He started learning upper-class etiquette when he was young. At the age of 3, he started learning piano and recorder, and he played a beautiful piano. When he was in middle school, he played blogs with his classmates, and he was more popular. He posted a lot of photos on the blog. Later, the blog was very popular, and he was discovered and signed by Huayan boss and entered the entertainment industry.

Ming Dao: Ming Dao was born selling dried fish in the market. Ming Dao, a student of Changhua Normal University, had a poor home environment. His parents were vegetable vendors. Ming Dao recalls his childhood, and the vegetable market was the first priority. When I was in the 5th and 6th grades of primary school, my mother began to sell goods in the vegetable market. Every day, my father was responsible for going to the large wholesale market, batching back small fish, shrimp skins and other dry materials, and then carrying my brother, who was 2 years older than him, and him to the market to set up a stall. Since my mother did not set up a fixed stall, but moved to the mobile vendors in various markets, Ming Dao was familiar with the environment of each market since he was a child. After the third year, Ming Dao and his brother set up a stall independently. My father divided the goods into 3 batches, and took my mother and brothers to different markets to do business. He, who was used to accompanying his mother to set up a stall in the vegetable market, said, "I never thought it was very awkward to sell things in the vegetable market. It’s just that when I was a child, I was lazy. When I was tired of selling, I would be lazy

After flying into the big screen from the vegetable market, many people will deliberately hide their identity of being born in the market after becoming famous, but Ming Dao is not shy, and every time he mentions it, he is slightly proud and excited. Ming Dao said that when he grew up in the market, he would help the family sell dried fish every winter and summer vacation, and he also had a set of "must-kill skills" to attract customers at a young age. Ming Dao participated in the "I Guess I Guess I Guess Guess" rough male selection unit in high school, so he was discovered by talent scouts. In 2002, he officially debuted as the host of "Adventure King". In 2005, he played the general manager of the hotel in the "Prince Becomes Frog" drama, and has since become popular on the screen. After Ming Dao became famous, he also published a book "Ming Dao’s Adventure World", claiming that the vegetable market child will show you the world.

Peng Yuyan: Peng Yuyan’s mother used to run a snack bar. Peng Yuyan was born in Taipei. When he was a child, he had taken many commercials and participated in the filming of TV dramas. He was a standard child star. At the age of 14, he immigrated to Canada with his family and entered the famous Canadian school UBC, majoring in economics and business. Peng Yuyan grew up in a single-parent family. When he was interviewed, he said that he remembered that his family used to run a restaurant, and his mother carried all kinds of trivia. When he was a child, he watched his mother busy.

From the same star to the male lead of the idol drama, Peng Yuyan returned to Taiwan during the summer vacation of his sophomore year. The director who knew him when he was shooting commercials asked him to shoot idol dramas, so he entered the entertainment industry and therefore stopped studying to make films. This TV drama is "Love White Paper".

Ke Zhendong: Ke Zhendong was born well-off, Ke Zhendong, his real name is Ke Jiakai, born on June 18, 1991, from Penghu, Taiwan. He is now a second-year student of the Department of Physical Education at the Private Chinese Culture University. According to previous media reports, Ke Zhendong’s father, Ke Yaozong, used to be in the clothing business and is now a store owner, opening a "whiple" store. The first floor is a clothing store, and the second floor is a restaurant. The reporter rushed to the scene. He really saw Ke Dad talking on the phone at the door of the store, and soon went upstairs to greet him. The reporter stepped forward to ask, and Ke Dad first stated that he was not in the entertainment industry and did not want to be in the limelight.

Ke Zhendong became popular because he starred in "The Girl We Chased Together in Those Years". In fact, Ke Zhendong’s father also made a cameo appearance as Ke Zhendong’s father in "That". At that time, in order to support his son, he was loyal and accompanied his son to film. It can be seen that his father can also be regarded as a person in the entertainment industry.

Chen Chuhe: His family background is related to the gang. Although the male artist Chen Chuhe is handsome, he is not too outstanding in Taiwan where idols and men gather together, but his background is very attractive. Chen Chuhe’s father turned out to be the boss of Taiwan’s largest social organization, the "Bamboo Union Gang", and his father is the real boss. Chen Chuhe’s father, Chen Qili, is more well-known than him in Taiwan. He graduated from Tamjiang College of Arts and Sciences. In 1956, he joined the Taiwanese gang "Zhonghe Gang" (later renamed "Bamboo Union Gang"), and eventually gradually became the boss of the club and the spiritual leader.

The death of his father caused a sensation, and Chen Qili passed away due to pancreatic cancer. When he held a farewell ceremony in Taiwan, it caused a sensation. The elite police of Taiwan made every effort. In addition to the identification team selected by each branch to identify the gang members who attended the farewell ceremony, hundreds of plainclothes search personnel were also deployed around the mourning hall, and special police officers were deployed outside the mourning hall.

Left and right guardians to help him break into the entertainment industry, the first to let the audience know Chen Chuhe, is his role in the movie "Kung Fu Slam Dunk", and the film’s investment and distribution side Changhong film and television joint stock company boss is Taiwan producer Wu Dun, and Wu Dun is Chen Qili’s brother, the two are life and death friends, and served a prison sentence together.

Chen Chuhe admits that some viewers pay attention to themselves because of their father’s special status: "Because of my father’s relationship, maybe the group of people will be curious about me at first and start to have contact, but later interpersonal relationships still depend on how they manage and interact with others." The picture shows Chen Qili, Chen Chuhe’s father.

Ashin: The background of Ashin’s underworld family was exposed. Mayday’s lead singer Ashin (Chen Xinhong) attended his grandmother’s farewell ceremony on May 6, 2004, which accidentally exposed the background of the underworld family. From his father and uncle to his cousins, many of them were "brothers on the road". In addition to other members of Mayday, there were also the leader of the Bamboo Federation Gang and the head of Xintang, as well as the "younger brother" who was responsible for helping his family organize the venue or protecting the safety of his eldest brother. This shows the weight of the Chen family in the underworld. According to the investigation, Ashin’s father had opened a call station before Mayday’s rise, and was also seized by the police.

Ashin chases his dreams. It is reported that the song "Stubborn" is a work that Ashin felt when he encountered the "underworld family" incident. When it was reported that Ashin’s family had a underworld background, Ashin and the members of the group were doing a campus concert near Shanghai, and received a call from a colleague saying that the news had broken in Taiwan. At that time, Ashin didn’t want others to worry about his state, but he couldn’t help but worry about whether his family was good or not? Because of the relationship between historical background and environment, there are more or less complex interpersonal relationships. His uncle may be in a complex social relationship, but because he pursues his dream of music and stands in front of the stage, he must also be naked in front of the public.

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Avoiding talking about album sales, Jolin Tsai complains that Jay Chou is megalomaniac

     

    [Content overview]Yesterday, Jolin Tsai held a press conference in Beijing with her new album "Love Mission" (the name of the imported version from the mainland, formerly known as "Agent J").
The staff around Jolin Tsai refused to answer "only questions related to the album itself."



    Yesterday, Jolin Tsai held a press conference in Beijing with the new album "Love Quest" (the name of the imported version from the mainland, formerly known as "Agent J"). According to Tsai’s company, "Love Quest" was officially released nationwide on September 21 and has so far ranked first in the country’s major sales charts. Tsai said she was bored and did not want to respond to the scolding battle with Jay Chou about "sales irrigation". She said she only cared about what new dance steps she could not do, "except to improve herself, the rest is not concerned."


    When Jolin Tsai released the new album "Love Mission" recently, he claimed that the pre-sale of three days has reached 50,000 copies. This made Jay Chou, who announced the pre-sale result of the new album "I’m Busy" of 48,011 copies, very upset. He openly questioned Jolin Tsai’s boss Chen Zeshan for sales, while Jolin Tsai publicly hit back at Jay Chou: "I am not used to naming names to say that other people are bad. Brother Shan is my boss and friend, and I feel very uncomfortable when my friend is criticized." She also privately complained that "Jay Chou is an egomaniac who doesn’t care about other people’s feelings."


    At yesterday’s press conference, when a reporter asked Jolin Tsai whether the sales of the new album had been flooded, the staff around Jolin Tsai refused to answer "only questions related to the album itself". When pressed by reporters, Jolin Tsai reluctantly said: "I don’t want to be written about this issue anymore, it’s a bit boring. I really don’t want to talk about it anymore."


    At the press conference, an actress from a Chinese acrobatic troupe performed a "gravity-free ribbon dance" that Ms. Tsai’s last album, "Dancer," featured professionally difficult streamer gymnastics; the new album, "Love Quest," introduced the "gravity-free streamer dance." It was incredible that Ms. Tsai, who had no basic skills, could perform it, she said.


    Dance and gymnastics are becoming more and more difficult and professional. The music video is interesting, but after listening to her two albums, it is difficult to have a song that can make an impression. Jolin Tsai seems to have ignored the music itself. In this regard, Jolin Tsai believes that as an artist who often stands on the stage, dance is as important as music. The reason why she studies all kinds of dance so hard is because she loves to perform: "My vacation has always been to travel between dance classrooms around the world, learning all kinds of new dance steps."

Editor in charge: Tian Shijia

The spring of artificial intelligence creation has come, and the "hidden rules" of ancient poetry are taught by computer.

  Xinhua News Agency, Beijing, March 12th Special feature: The spring of artificial intelligence creation is coming.

  Xinhua News Agency reporter Peng Qian Liu Si

  "Early spring rain Chu Qing, willow filar silk caught the shore warbler. The painting boat is full of smoke and waves, and the small bridge is light. "

  Who would have thought that this is a poem created by artificial intelligence with "early spring" as the key word. The author "Nine Songs" was developed by a student team led by Professor Sun Maosong of Tsinghua University Computer Science and Technology Department for three years.

  Xiao Bing, Microsoft’s chat robot, "narrowly beat" human opponents with a Chinese-style song "Peach Blossom Dream" in the variety show "Wit". When the singer sings such an archaic sentence as "In the boundless night rain, the past is like the wind, the peach blossoms in the ear laugh at the spring breeze, and you and I meet in the dream", many viewers think that this is made by human beings.

  The spring of writing poetry, composing music, painting and artificial intelligence has come quietly … …

  Technically, "familiar with 300 Tang poems"

  Zhou Ming, vice president of Microsoft Asia Research Institute, is a literary lover. He and the research team taught Xiao Bing to write modern poetry, and composing music is a new skill.

  Zhou Ming said that neural machine translation, chatting robot, reading comprehension and creation are the four main aspects of the application of natural language processing technology, and the difficulty is gradually increasing. Creation is at the top of the pyramid and it is the most difficult to break through.

  "In the beginning, people couldn’t find how to model creation because it was emotional. Writing poems and writing lyrics are all things with flying literary talents and sudden inspiration, which are difficult to capture. " He said. Thanks to the progress of deep learning and neural network technology in recent years, artificial intelligence creation has won many brilliant achievements.

  Zhou Ming introduced that writing songs by Xiao Bing is a process of "encoding and decoding". The researchers first trained artificial intelligence robots with popular songs. After sufficient training, you can start writing: after inputting the song theme in the form of keywords, it will be coded into a language that artificial intelligence can understand, and the robot will decode and output it in a way that people can understand, becoming a lyric; Then combine this word with the original keyword as a new input, and you can get the second sentence, and so on to get the whole song word. Similarly, you can also input lyrics and translate them into music scores, that is, you can regard music scores as natural languages, thus completing computer lyrics and music scores.

  "Nine Songs" learning to write poetry is also "familiar with 300 Tang poems, and you can recite them even if you can’t write poetry".

  Yi Xiaoyuan, the founder of "Nine Songs" and a graduate student in Tsinghua University, has input more than 300,000 ancient poems since the Tang Dynasty as a corpus, and used the deep learning model to make computer learning. In addition to the rules for leveling and rhyming poems, no artificial rules are given, but computers are allowed to learn the "hidden rules" in ancient poems themselves.

  "We don’t know the rules of how computers make such poems," said Sun Maosong, which is a "black box" phenomenon of deep learning. In his view, each ancient poem is like a necklace, and the beads on the necklace are words. In the deep learning model, the necklace is completely broken up, and then the implicit association between each bead and other beads is given different weights through automatic learning. When writing a poem, put different beads back into a new necklace.

  The ancients wrote poems mostly to express their feelings, and the style was sad, which also made the poems written by "Nine Songs" somewhat "sad for spring and autumn". The team hopes to make the "Nine Songs" more positive by strengthening the training of some relaxed emotional samples. In addition, how to write a longer poem on the basis of ensuring the consistency of the whole poem is also a new challenge.

  In artistic conception, "Kung Fu is beyond poetry"

  In addition to writing poems and composing music, artificial intelligence has evolved new skills such as writing novels and painting. The science fiction novel "The Day when a Computer Writes a Novel" created by artificial intelligence developed in Japan deceived all human judges and was successfully shortlisted for the Japanese Fiction Literature Award. Google artificial intelligence can also create paintings, and some paintings have been sold at a high price of $8,000.

  Artificial intelligence has defeated human beings in the fields of chess and cards, video games, etc. Does the latest progress in the field of artistic creation mean that it is not far from surpassing human beings in this respect?

  Zhou Ming believes that at present, artificial intelligence creation is only based on the imitation of big data, which is far from the creative intelligence of real human beings. "There is not enough data for training artificial intelligence creation, such as the data for composing lyrics; Secondly, the inspiration is not enough, because the data alone is just a follower, writing words and composing music are familiar, and there is no feeling of sudden inspiration in generate. "

  In Sun Maosong’s view, at present, artificial intelligence creation is a limited creativity, which theoretically does not exceed the creative space unconsciously defined by predecessors in the practice of poetry creation for thousands of years. The ancients wrote poetry as "Kung Fu is beyond poetry", often based on experience, with content and artistic conception, but it is difficult for machines to "express their aspirations" or "express their feelings through scenery" for the time being.

  Experts believe that the fear that artificial intelligence surpasses human beings in the field of creation is alarmist. "In areas that need deep connotation or inspiration, such as music creation, poetry and prose, I personally think that machines are basically unlikely to reach the state of people, but they will assist people’s creation." Zhou Ming said.

  However, artificial intelligence can improve the efficiency of professional creators. "If you can’t think of using a word when writing, artificial intelligence will think of a word for you and let you find that you can write like this." For ordinary people, artificial intelligence creation systems such as "Nine Songs" can lower the threshold of creation and realize the dream that "everyone can be a poet, painter or musician".

  Sun Maosong said that the team plans to upgrade the "Nine Songs" system in the future, so that it can judge the quality of people’s poems, such as whether there are mistakes in rhyme and level tone, whether words are unsatisfactory or sentences are incomplete, and help people improve their creative skills; You can also conduct "humanistic calculation" and quantitative analysis and research on ancient documents through big data.

  In addition to the creation itself, the study of machine creation can also bring unexpected benefits to other fields of artificial intelligence, and open up innovation in many fields and interdisciplinary subjects.

  "Before letting Xiao Bing learn music creation, we never thought that music can also be processed by natural language technology," Zhou Ming said. "So once the natural language breaks through, it can drive the breakthrough of cognitive intelligence and the whole artificial intelligence, and there will be many scenes that were unimaginable before."

Computer seal engraving is easy to counterfeit. Hand seal engraving is on the verge of extinction (Figure)


Computer engraving is popular, and the business of seal carvers is slow.


  This newspaper (reporter Shi Shanwei photographed Qin Yang) only needs a carving knife to put the names, flowers, birds, insects and fish into the square inch. Xiang Songqiu, who lives in Laoxiguan, Guangzhou, has been in business for 50 years for three generations. Although he is famous far and near, he can’t get a single business in January. Computer engraving is all over the street, and a seal can be done in one minute, which is convenient and at the same time, it also makes the fake official seal flood and hard to prevent. Manual seal cutting is unrepeatable, but few people care about it, and this traditional craft is facing extinction.


  Fifty years into the business, carving official seals to become famous.


  In Heping West Road, Liwan District, I saw a sign of "Autumn Carving" on the roadside. Walking up the narrow staircase to the second floor is Xiang Songqiu’s living room, and a wooden table in the corner is his workbench.


  Xiang Songqiu, 63, is the third generation descendant of Xiang Jia’s seal cutting, and Yin Chuang, the wooden table, was handed down by his ancestors. His uncle Xiang Xinnan was a famous stone engraver in Guangxu period of Qing Dynasty, and his father Xiang Shaonan was also a minor famous stone engraver. He worked as an artist for more than 80 years and carved seals for many celebrities and politicians. Xiang Songqiu entered the Red Seal Engraving Factory in Guangzhou on January 1, 1960, and has been in the business for 50 years.


  "Horn, ivory, jade, pear wood, boxwood, pen wood … all can be used for engraving, but different materials need different carving knives." Talking about this craft, Xiang Songqiu gushed.


  Not only is Xiang Songqiu well-known in the industry, but he has also been interviewed by many English media, and the British and German consuls in Guangzhou have also come to him to carve seals. Compared with his predecessors, he also carved the zodiac, flowers, birds, insects and fish into it when carving leisure chapters. Once a man asked all over Guangzhou to engrave his name in a painting, but his peers said that he could not engrave it. Finally, he found Master Xiang, and this seal became his masterpiece.


  After 50 years in the business, Xiang Songqiu is best at carving official seals. Before the reform and opening up, many banks, police stations and other government departments in Guangzhou appointed him to engrave the seal. "The business of engraving can also reflect the ups and downs of the economy. The 1980 s was the golden age of engraving." Xiang Songqiu recalled that at most, he took over thousands of orders to engrave the company’s official seal in a month.


  Computer engraving "encourages" fake official seal fraud


  However, in the late 1990s, computer engraving began to rise because of its low price and high speed, which quickly occupied the market. Master Xiang’s business has plummeted, and now there are so many "autumn engravings" that he can’t get a single business for a month at the worst.


  "Computer engraving is the same and easy to counterfeit." Xiang Songqiu said that the hand-carved chapter is unrepeatable, and the fake chapter can be known at a glance. Xiang Songqiu plans to cooperate with a computer engraving shop.


  (Source: Guangzhou Daily)

  Related links:



  • A young man in Wenzhou was arrested for forging nearly 10 thousand fake household registration books 2009-06-19.

  • An error occurred in the official seal of the Environmental Sanitation Bureau. "Garbage" turned into "garbage" and was accused of being seriously irresponsible. 2009-04-28

Editor: Li Erqing

Directly hit the Bangkok Auto Show | Hongri’s many new cars appeared in the brand and went abroad to "make friends"

According to the data of China Automobile Industry Association, in 2023, the production and sales of new energy vehicles in China were 9.587 million and 9.495 million respectively, up by 35.8% and 37.9% year-on-year, and the market share reached 31.6%. Compared with the same period, the global sales volume of new energy vehicles was 14.653 million, and the sales volume of new energy vehicles in China accounted for nearly 65%, which is why China’s production and sales volume of new energy vehicles remained the first in the world for nine consecutive years. The data shows that after years of development and precipitation, China has basically built a new energy automobile industry chain that takes into account both independent research and development strength and market core competitiveness.

Based on this, more and more domestic new energy automobile brands and products are accelerating to go abroad and actively explore more possibilities in overseas markets. On March 26th, the 45th Bangkok International Auto Show will officially kick off, with many new energy automobile brands from China participating, including hybrid electric vehicles, pure electric vehicles and fuel cell vehicles. Among hundreds of dazzling models, the reporter noticed that the domestic micro-electric vehicle industry leader — — Hongri Automobile Group also brought its products of Hongri, Weiao and Hongxida to the auto show.

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It is understood that this is the second time that Hongri Automobile Group has participated in the Bangkok Auto Show. Five real cars including Hongri X9, S1MAX, BOMA EV, Hongxida ID2 and JM07 all landed in Bangkok, and the number of exhibitors reached a new high.

Liu Shubin, director of the international trade department of Hongri Automobile Group, told the reporter that several products under the group have attracted the attention, consultation, negotiation and ordering of foreign multinational customers. "Hongdou is a low-speed car with two doors and two seats, and its compact design mainly caters to the needs of female consumer groups. Many customers from Europe have expressed their hope to transform Hongdou into a model that meets the L6E standard. To this end, the Group is constantly striving to adjust its products to meet this demand. As a high-speed passenger car, Weiao is deeply favored by Southeast Asian consumers with its spacious space and affordable price, and has become an explosive product in Southeast Asian market. Hongxida series products, which focus on three-wheeled vehicles, are widely praised for their diverse styles, outstanding quality and strong practicality. "

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Regarding the active participation in overseas auto shows, Liu Shubin believes that "overseas auto shows are an important communication platform for the global auto industry. As a company with a highly international vision, Hongri Automobile Group’s participation in overseas auto shows is an important part of the global strategic layout. At the auto show, we can show our unique brand concept and innovative product design, thus attracting the attention of consumers around the world; At the same time, through in-depth interaction with overseas markets, we will better understand the needs and preferences of international consumers and provide strong support for future product development and marketing. Finally, the brand influence and the double expansion of sales channels will be realized. "

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"At present, the scale of Hongri Automobile Group in overseas markets is in a stage of continuous expansion." According to reports, after in-depth market research and strategic layout, the Group has achieved remarkable results in Southeast Asia. We have established stable cooperative relations with customers in more than 20 countries, such as Pakistan, Thailand and the Philippines, and further consolidated our market position by signing agency agreements.

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Improving the competitiveness of products is the only way for Hongri Automobile Group to achieve stability and prosperity. In order to achieve this goal, the Group has continuously increased investment in R&D, optimized the performance and endurance of new energy vehicles, focused on establishing a perfect after-sales service system, and provided timely and professional technical support and maintenance services for overseas users. In the face of the variability and complexity of overseas markets, Liu Shubin pointed out that the Group also made efforts from three other aspects:

First of all, continue to deepen the layout of existing markets, strengthen cooperation with countries and regions such as Southeast Asia and Europe, and enhance the market share and brand influence of hot-selling products.

Secondly, actively respond to the green development trend of the global automobile industry, increase R&D investment in the field of new energy vehicles, and introduce more new energy vehicle products that meet international environmental protection standards to meet the demand of environmental protection and energy-saving vehicles in overseas markets.

Finally, we will further strengthen strategic cooperation with overseas partners, jointly explore and develop emerging markets, expand overseas sales channels and service networks, and provide consumers around the world with a more convenient and efficient car purchase and car use experience.

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At present, Hongri Automobile Group has three production bases in Rizhao, Shandong, Binzhou, and Jinzhai, Anhui, and has built two R&D centers in Qingdao and Shanghai, independently developing 177 patents and mastering three core technologies of micro electric vehicles. At the same time, we have carried out comprehensive cooperation with Zeba Co., Ltd. in the research and development of micro electric vehicles, and worked with international first-class modeling teams such as Central Academy of Fine Arts, North America and Europe to build high-quality models that meet consumption expectations.

In the past two years, based on the continuous improvement of R&D capability, production capacity and market competitiveness, Hongri Automobile Group has actively and stably delivered high-quality new energy automobile products and services to all parts of the world. With the increasing brand influence and the accumulation of word of mouth, the Group’s process of going abroad is about to enter a new stage of rapid development, making friends with China Zhizao abroad into reality, and gradually realizing the transformation from flow to retention.

"Planning for this period" property market loosening: challenges and opportunities coexist

  China xiaokang. com exclusive feature

  Text | "Xiaokang" China Xiaokang.com reporter Mai Yuhua

  "Living and living in peace and contentment" has always been a great concern of China people. Recently, the national property market as a whole has shown a trend of falling volume and price. Facing the new situation, the real estate market optimization and adjustment policies are frequent from the central government to the local government to consolidate the sustainable development of the property market.

  We should adjust and optimize the real estate policy in a timely manner; We will implement policies and measures such as reducing the down payment ratio and loan interest rate for the purchase of the first home, reducing taxes and fees for the purchase of improved housing, and "recognizing the house without repaying the loan" for personal housing loans; Precise implementation of differentiated housing credit policies due to city policies … Recently, the relevant departments of the central government frequently optimize and adjust the real estate market.

  The central government set the tone, and local governments responded. Many cities in the first, second and third tiers loosened restrictive housing purchase policies and continuously optimized real estate control policies. Among them, Beijing, Shenzhen, Guangzhou, Shanghai and other first-tier cities have voiced their voices, saying that they will support residents’ rigid and improved housing needs in light of their own real estate conditions. Second-and third-tier cities have also introduced policies: more than 10 cities such as Changsha, Qingdao and Hefei have relaxed their loan restrictions; Changzhou, Wuxi and other cities relaxed the price limit; Zhengzhou, Xiamen, Qingdao and other cities have relaxed restrictions on sales …

  "Living and living in peace and contentment" has always been a part of China people’s concern. The change of the real estate market is the embodiment of the economic and social development on the macro level, and it also affects the value of the just-needed residence of everyone in China on the micro level. Therefore, under the new adjustment cycle, both the central and local governments have actively and continuously introduced various new policies to loosen the property market in order to develop. What impact will these new policies have on the real estate market? What challenges and opportunities do housing enterprises and individuals face?

  The national property market as a whole shows a trend of falling volume and price.

  Recently, the National Bureau of Statistics released "Basic Situation of National Real Estate Market from January to July 2023" and "Changes in Sales Price of Commercial Housing in 70 Large and Medium-sized Cities in July 2023". Judging from the completion of real estate development investment, from January to July 2023, the national real estate development investment was 6,771.7 billion yuan, down 8.5% year-on-year; Among them, residential investment was 5,148.5 billion yuan, down 7.6%. It can be seen that the investment in real estate development generally shows a downward trend.

  Judging from the sales and sale of commercial housing, from January to July 2023, the sales area of commercial housing was 665.63 million square meters, down 6.5% year-on-year, of which the sales area of residential housing decreased by 4.3%. The sales of commercial housing was 7,045 billion yuan, down by 1.5%, of which residential sales increased by 0.7%. Except for the slight increase in residential sales year-on-year, the rest of the data showed a downward trend. Geographically, the increase in residential sales is mainly due to the 3% year-on-year increase in commercial housing sales in the eastern region including Beijing, Tianjin, Hebei, Shanghai, Jiangsu, Zhejiang, Fujian, Shandong, Guangdong and Hainan. However, residential sales in central, western and northeastern regions all decreased year-on-year. Among them, the sales of commercial housing in the central region decreased by 9.5% year-on-year.

  Judging from the changes in the sales price of commercial housing in 70 large and medium-sized cities released by the National Bureau of Statistics, the sales price of commercial housing fluctuated slightly in July 2023. Sheng Guoqing, chief statistician of the Urban Department of the National Bureau of Statistics, explained that the sales price of commercial housing in 70 large and medium-sized cities has increased, and the number of cities has decreased. The sales price of commercial housing in each city has remained flat or decreased, and it has increased and decreased year-on-year.

  The data shows that in July 2023, among the 70 large and medium-sized cities, the sales prices of newly-built commercial housing and second-hand housing increased by 20 and 6 respectively, which was 11 and 1 less than that in June 2023.

  "The sales prices of commercial residential buildings in cities in various lines decreased slightly from the previous month. From the perspective of new commercial housing, in July, the sales price of new commercial housing in first-tier cities was flat for two consecutive months, with Beijing and Shanghai rising by 0.4% and 0.2% respectively, and Guangzhou and Shenzhen dropping by 0.2% and 0.6% respectively. The sales price of new commercial housing in second-tier cities changed from flat last month to a decrease of 0.2%; The sales price of new commercial housing in third-tier cities decreased by 0.3% month-on-month, and the decline rate was 0.2 percentage points higher than that of last month. From the perspective of second-hand housing, in July, the sales price of second-hand housing in first-tier cities decreased by 0.8% month-on-month, and the decline was 0.1 percentage points higher than that of the previous month; The sales price of second-hand residential buildings in second-tier cities decreased by 0.5% month-on-month, and the decline rate was 0.1 percentage points higher than that of last month; The sales price of second-hand residential buildings in third-tier cities decreased by 0.4% month-on-month, the same as last month. " Sheng Guoqing said.

  The sales prices of commercial housing in cities of all lines have increased and decreased year-on-year. In July 2023, among 70 large and medium-sized cities, the sales prices of newly-built commercial housing and second-hand housing increased year-on-year, with 26 and 5 cities respectively, one less than that in June 2023.

  According to the interpretation of the National Day, in July 2023, the sales price of new commercial housing in first-and second-tier cities increased by 1.0% and 0.2% respectively year-on-year, and the growth rate dropped by 0.3 percentage points from the previous month; The sales price of new commercial housing in third-tier cities decreased by 1.5% year-on-year, and the decline rate was 0.1 percentage point higher than that of last month. In July 2023, the sales prices of second-hand houses in first-,second-and third-tier cities decreased by 1.4%, 2.7% and 3.5% year-on-year, respectively, and the decline rates increased by 1.0, 0.3 and 0.1 percentage points compared with the previous month.

  "In my opinion, there are several main reasons for the recent decline in real estate prices." Feng Jianlin, chief economist of Beijing Fushengde Information Consulting Co., Ltd. believes that in the medium and long term, the real estate industry has entered a downward channel, and the relationship between supply and demand and price expectations have changed. Everyone buys up and does not buy down. In the medium term, the economy is still recovering, and the employment and income expectations of residents are weak. In the short term, some large real estate enterprises have financial crisis, which makes all parties have doubts about whether they can get the house or not.

  "From a policy perspective, everyone expects the policy to be adjusted, and the mortgage down payment and interest rate may be lowered. These policies are slowly coming out, and some people may be waiting. The property market continues to be depressed and the downward pressure is increasing, which has a wide and far-reaching impact. For the country, the overall economic situation has been dragged down, affecting taxation and land transfer, and affecting the construction industry and employment. For developers, the pressure of capital turnover is great, and the operation is more difficult, so it is necessary to promote the payment as much as possible. For an individual, if he is buying a new house, he may choose to wait and see and wait for the house price to go down before buying. For second-hand housing transactions, both buyers and sellers may have price reduction expectations. " Feng Jianlin said.

  

  In the future, China will adjust and optimize the real estate policy in a timely manner, and make good use of the relevant policy toolbox to better meet the rigid and improved housing needs of residents and promote the stable and healthy development of the real estate market. Mai yuhua/photo

  The central government issued effective policies in time to prevent risks.

  There is an objective relationship between the stable and healthy development of the real estate market and the economic growth of China. Therefore, in the past three years, the real estate industry has continuously implemented the central government’s prevention and resolution of risks in key areas, and at the same time, all localities have effectively responded to the downward pressure on the real estate industry due to urban policies.

  On July 24th, the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting. The meeting pointed out that it is necessary to effectively prevent and resolve risks in key areas, adapt to the new situation in which the relationship between supply and demand in China’s real estate market has undergone major changes, adjust and optimize real estate policies in a timely manner, and make good use of the policy toolbox because of the city’s policy to better meet the rigid and improved housing needs of residents and promote the stable and healthy development of the real estate market. The meeting proposed for the first time to adjust and optimize the real estate policy in a timely manner.

  At the end of July, Ni Hong, Minister of Housing and Urban-Rural Development, said that he strongly supported the demand for rigid and improved housing, and further implemented policies and measures such as reducing the down payment ratio and loan interest rate for the first home purchase, reducing taxes and fees for the purchase of improved housing, and "recognizing housing without repaying loans" for personal housing loans; Continue to do a good job in ensuring the delivery of buildings, speed up the delivery of project construction, and effectively protect the legitimate rights and interests of the people. This is not only the implementation of "timely adjustment and optimization of real estate policy", but also the key guiding significance for local policy adjustment. On July 26, the State Administration of Taxation issued guidelines on relevant preferential tax policies in recent years, involving deed tax and value-added tax on individual house purchases.

  On August 1st, the People’s Bank of China and the State Administration of Foreign Exchange stated that they should accurately implement differentiated housing credit policies due to the city’s policy and continue to guide the downward trend of individual housing loan interest rates and down payment ratio. Guide commercial banks to adjust the interest rate of existing individual housing loans in an orderly manner according to law. On August 3rd, Pan Gongsheng, Party Secretary and President of China People’s Bank, presided over a symposium on financial support for the development of private enterprises. Pan Gongsheng demanded that differentiated housing credit policies should be accurately implemented to meet the reasonable financing needs of private real estate enterprises and promote the stable and healthy development of the real estate industry.

  Chen Jia, an independent international strategy researcher, believes that the central government is far-sighted and timely puts forward a scientific judgment of "adapting to the new situation in which the supply and demand relationship in China’s real estate market has undergone major changes". Under the guidance of this judgment, in the future, China will adjust and optimize the real estate policy in a timely manner, and make good use of the relevant policy toolbox to better meet the rigid and improved housing needs of residents and promote the stable and healthy development of the real estate market.

  "From the perspective of specific grasping, there are currently three main directions. First, the construction and supply of affordable housing; Second, the reconstruction of villages in cities and the construction of public infrastructure for both peacetime and emergency use; The third is the revitalization of all kinds of idle real estate. " Chen Jia said.

  He also believes that from the analysis of the latest real estate policy spirit of the central government and various parts, the central government has a clear and clear positioning for the economic growth pulling effect of the stable and healthy development of the real estate industry under the new era and new requirements. In particular, under the new situation, there is a clearer and clearer strategic direction on how to adjust and optimize the real estate regulation and control policies, innovate the policy toolbox according to local conditions, promote the real estate industry to speed up the risk clearing, improve the effective investment in real estate, and promote the consumption of related industrial chains such as home decoration.

  Feng Jianlin said that it is very necessary to lower the mortgage interest rate and down payment. The effectiveness of the policy should still be expected. The main reason is that if the second home down payment and interest rate are lowered, it will help to release the demand for improvement. At present, two-thirds of China’s population are permanent residents in cities and towns, and there are a lot of improvement needs in these populations.

  "The policy of lowering the second home loan interest rate and down payment should be introduced as soon as possible. At the same time, the strength of this policy should be greater. If we continue to hesitate and squeeze toothpaste, we may miss the opportunity, let the market continue to cool down, and let the industry and the whole economy bear greater pressure and risks. Timely adjust and optimize the real estate policy’. I personally understand that this’ timely’ is now. This’ adjustment and optimization’ requires a certain degree of strength. Only by timely introducing strong policies can we achieve the goal of preventing and resolving risks. " Feng Jianlin said.

  Different cities boost market confidence because of city policies

  From the central government to the local government, whether it is first-tier cities or second-and third-tier cities, the real estate market optimization and adjustment policies are frequent everywhere to consolidate the sustainable development of the property market. Fu Linghui, spokesperson of the National Bureau of Statistics and director of the National Economic Statistics Department, pointed out that recently, the first-tier cities in the north, Guangzhou and Shenzhen have voiced their voices intensively, saying that they should support and better meet the demand for rigid and improved housing. Some second-and third-tier cities are also introducing new real estate control policies, and the adjustment and optimization of local real estate policies will help boost market confidence. With the economic recovery improving, residents’ income increasing, and the real estate market adjustment and optimization policy effective, residents’ housing consumption and housing enterprises’ willingness to invest are expected to gradually improve.

  At present, all kinds of cities are planning to adjust their real estate policies. Among them, first-tier cities quickly voiced their voices after the "timely adjustment and optimization of real estate policies" was put forward. On the evening of July 29th, the Beijing Municipal Commission of Housing and Urban-Rural Development stated that it would adhere to the general tone of striving for progress while maintaining stability, combine with the actual situation of Beijing’s real estate market, and work closely with relevant departments to implement the work, vigorously support and better meet the rigid and improved housing needs of residents, and promote the stable and healthy development of Beijing’s real estate market.

  On July 30th, Shenzhen Housing and Urban-Rural Development Bureau said that it would work with relevant municipal departments, central institutions stationed in Shenzhen and all districts to better meet the demand of residents for rigid and improved housing, solidly promote the work of guaranteeing the delivery of buildings, effectively maintain the order of the real estate market, and promote the stable and healthy development of the real estate market in Shenzhen.

  

  From January to July 2023, the national real estate development investment was 6,771.7 billion yuan, down 8.5% year-on-year; Among them, residential investment was 5,148.5 billion yuan, down 7.6%.

  Also on July 30th, Guangzhou Housing and Urban-Rural Development Bureau also stated that it would adhere to the general tone of striving for stability, seek truth from facts and step up implementation, and launch relevant policies and measures as soon as possible in light of Guangzhou’s actual situation, vigorously support and better meet the demand for rigid and improved housing, and promote the stable and healthy development of Guangzhou’s real estate market.

  On July 31, the Shanghai Municipal Commission of Housing and Urban-Rural Development and the Municipal Housing Management Bureau stated that they would adhere to the general tone of striving for stability, implement the new development concept completely, accurately and comprehensively, support the rigid and improved housing demand due to the city’s policy, do a good job in ensuring the delivery of buildings, people’s livelihood and stability, and promote the stable and healthy development of the Shanghai real estate market.

  This is the first time since 2017 that four first-tier cities have made a centralized statement. Chen Jia believes that the policies of some core first-and second-tier cities are relatively strict, and there is still much room for policy adjustment. Feng Jianlin suggested that first-tier cities can also have more creative practices. For example, zoning policies allow districts to appropriately adjust policies such as purchase restrictions.

  In addition to the North, Guangzhou and Shenzhen, the provincial level and many cities such as Chongqing, Zhengzhou, Nanjing, Hefei, Shenyang and Xining have introduced policies related to real estate. At the provincial level, the Hunan Provincial Department of Housing and Urban-Rural Development issued the Notice on Further Stabilizing the Real Estate Market in July 2023, and introduced 11 measures such as classified regulation of the property market and regional linkage regulation. Jiangsu allows all localities to take comprehensive measures such as house purchase subsidies, house ticket placement, house purchase group purchase, etc. to better meet the housing demand of residents.

  The property market policies introduced by several cities have different characteristics. Hefei proposed to boldly and steadily promote the pilot project of "existing home sales" of commercial housing, and actively explore the pricing of commercial housing sales according to the interior area. Zhengzhou implements the policy of "recognizing houses but not loans"; For the purchase of improved housing, the original housing will be suspended from the sale restriction policy.

  Many cities also encourage the purchase of houses in the form of housing subsidies. For example, Nanjing introduced a housing subsidy policy. Its policy is clear, encouraging the new six districts to continue to purchase new commercial housing within the specified period according to the actual situation of the regional market, and give a certain proportion of housing subsidies according to the contract price. Qixia District and Yuhuatai District will implement subsidies for the purchase of new commercial housing after evaluating the actual market situation within their respective jurisdictions, effectively reducing the burden of rigid and improved housing purchase. In addition, some third-and fourth-tier cities have also introduced housing subsidy policies. For example, Jinhua, Zhejiang, gives 0.8% ~ 1.2% subsidy to residents who buy houses from August to September this year, and Lanxi, Zhejiang gives 1% subsidy to residents who buy new houses from August to September this year.

  Many places have also given policy support from the housing provident fund system, especially encouraging the withdrawal of provident fund as a down payment trend. On August 4, Hainan Provincial Housing Provident Fund Administration and Hainan Provincial Department of Housing and Urban-Rural Development issued a notice, allowing Hainan to withdraw housing provident fund to pay the down payment for the purchase of new commercial housing and affordable housing in the province. In addition, Chongqing, Qingdao, Shandong, Fuyang, Anhui, Meizhou, Guangdong and other places have clearly proposed to encourage the withdrawal of provident fund for down payment.

  Regarding the policies at different levels and in different cities, Chen Jia believes that there are great regional differences in urban development, so in the future, all localities must make policies according to local conditions and cities. It is necessary to fully estimate the space and time for the adjustment of local policy toolboxes, and pay close attention to the specific market operation of each city. Judging from the time series data, the current real estate restrictive policies in the second, third and fourth tier cities are in the basic liberalization range.

  "China’s real estate industry policy adjustment in the future can be considered from four directions. First, adjust and optimize regional policy price limits and stabilize price repair expectations; The second is to optimize the recognition of housing and loans, reduce the down payment, and release the just-needed; The third is to optimize the purchase restriction policy and accelerate destocking due to the city’s policy; The fourth is to open up a blocking point in the second-hand housing sales market and accelerate the capital turnover in the real estate market. " Chen Jia said.

  

  From January to July 2023, the sales area of commercial housing was 665.63 million square meters, down 6.5% year-on-year. The sales of commercial housing reached 7,045 billion yuan, down by 1.5%.

  The exposure of housing enterprises’ debt risks affects market expectations.

  Recently, the news about Country Garden has been overwhelming. The reason is that Country Garden has two US dollar debt coupons due on August 7, totaling 22.5 million US dollars, but it failed to pay them on time. On August 10th, Country Garden issued a profit warning and insider information announcement. It is mentioned that the company’s management has made a profound reflection. Although it has predicted the current market adjustment cycle, it has underestimated the depth, intensity and persistence of the market downturn, failed to make a more powerful response as early as possible, failed to see that the supply and demand relationship in the real estate market has undergone major changes, and failed to understand the potential risks such as excessive investment ratio in third-and fourth-tier cities and lower-tier cities, insufficient speed of debt ratio drop, and failed to resolve them in time and effectively.

  According to the financial report, by the end of 2022, Country Garden’s contracted sales in third-and fourth-tier cities still accounted for 60%; The land that has been signed or delisted has a building area of 201.5 million square meters, 79% of which are distributed outside Guangdong and are highly scattered all over the country. The profit warning and insider information announcement mentioned that the company’s net loss in the first half of 2023 will be between 45 billion yuan and 55 billion yuan.

  Subsequently, on August 11th, Country Garden issued an apology letter. Yang Huiyan, chairman of the board of directors of the company, and Mo Bin, president of the company, said in a joint letter that although the company has gone all out to save itself, the overall market has not recovered, the absolute scale of the industry has declined, it will take time to restore confidence in the capital market, and the overall operating pressure of the company has increased, facing the biggest difficulty since its establishment.

  Regarding the recent Country Garden real estate incident, Fu Linghui said that at present, the real estate market is generally in the adjustment stage, and some housing enterprises have encountered certain difficulties, especially the debt risks of some leading housing enterprises have been exposed, which has affected market expectations. However, we should see that these problems are phased. With the gradual function of the market adjustment mechanism and the adjustment and optimization of the real estate market policies, the risks of housing enterprises are expected to be gradually resolved.

  Not only Country Garden, but also many real estate enterprises are experiencing "the darkest hour" in recent years. Evergrande, which was the first to have problems, issued a clarification announcement on the market news about "bankruptcy protection" on August 18th. The announcement said that it is currently promoting overseas debt restructuring as planned. "As the US dollar bonds of the Company are governed by the laws of new york, the Company applied to the US court for recognition of the overseas debt restructuring arrangements under the legal systems of Hong Kong and British Virgin Islands (BVI) in accordance with Chapter 15 of Title 11 of the US Code, which is part of the normal overseas restructuring procedure and does not involve bankruptcy application."

  

  Buyers expect that the policy will be adjusted, and the mortgage down payment and interest rate may be lowered, so the wait-and-see mood is strong. The picture shows Hu Yan/photo of a real estate sales center in Qingyuan, Guangdong.

  And Sunac is still saving itself. On August 18th, Sunac announced on the Hong Kong Stock Exchange that it expected a net loss of 15 billion yuan to 16 billion yuan in the first half of the year, compared with 18.76 billion yuan in the same period last year. "The loss was mainly affected by the downturn of the real estate market, and the gross profit margin of the carried-over property projects was low during this period, and the expected net exchange loss was caused by foreign exchange fluctuations."

  In order to solve the debt repayment problem, Sunac has been selling projects recently. On July 7th, Sunac sold 100% equity of Zhenhuafu Project Company at a price of 200 million yuan. The buyer was Ronglian Road and Bridge Company designated by Rong Feng Company to offset Sunac’s debt of 200 million yuan to Rong Feng Company. On August 10th, Sunac sold the Rongyao City Project in Fuzhou, which was jointly developed with Shoukai. On August 17th, Sunac announced that it would sell three projects, including Zhenhuafu Hotel, Wangjinsha Hotel and Hefei Xiuchang Hotel, with a total amount of about 1.23 billion yuan, in order to solve the debt repayment problem of Rong Feng Company.

  For many housing enterprises facing the "dark moment", Feng Jianlin believes that on the whole, the entire real estate industry has entered the downward channel, and both private enterprises and state-owned enterprises will face pressure. At present, urbanization has obviously slowed down. Before the epidemic, the urbanization rate increased by 1.3-1.5 percentage points every year, but only by 0.5-0.8 percentage points in the past two years. The population of new cities has dropped by about half, so naturally there is no need to build so many new houses. Therefore, there is a serious overcapacity in the real estate development industry.

  "Now, to go through a process of de-capacity, a considerable number of housing enterprises will eventually be eliminated. This process will continue for some time, and winter is still very long. Housing enterprises should prepare for the winter as soon as possible, quickly reduce leverage, be flexible in price policies, and do more marketing through various methods. " Feng Jianlin said.

  Chen Jia believes that no matter how the property tax and other policies are optimized, China’s real estate industry must change the low-quality development model of "high debt, high leverage and high turnover" for many years.

  "The recent transformation of the real estate industry from light assets to emerging service industries such as property management and business management is an active exploration of accelerating reform, upgrading risk control, digital transformation and business model transformation, and promoting the transformation of the real estate industry to a high-quality development model. In the future, with the continuous deepening of digital technology, financial technology and technological progress in the real estate industry chain in China, the comprehensive digital transformation of the real estate industry will continue to exert its strength. The foundation of destocking and risk reduction in China’s real estate industry is expected to be further consolidated, the central policy is expected to be effectively implemented, and the macro economy is expected to be further supported and pulled by the real estate industry. " Chen Jia said.

  ("Xiaokang" China Xiaokang. com exclusive feature)

  This article was published in the mid-September 2023 issue of Xiaokang.

  Author: Mai Wanhua

Reporting/feedback

The cold air caused the temperature in the north to dive and ushered in the first snowfall in the second half of the year.

  BEIJING, Beijing, Oct. 10 (Xinhua)-The 9th is the first working day at the end of the Eleventh Golden Week. Beijing, Tianjin, Hebei and other places have experienced heavy rainfall, and Qinghai, Inner Mongolia and other places even ushered in the first snowfall this autumn. The cooling wind made it difficult for many office workers returning to work to adapt for a while, shouting "I want to wear long pants".

  According to the latest weather forecast, the temperature in Northeast China, North China, Shaanxi, Sichuan, Chongqing and other places will drop by 6-10℃ today and tomorrow, and the local temperature drop can reach 12℃. There is strong precipitation in the southeast of northwest China and North China, and moderate to heavy snow in parts of Ningxia and Gansu.

  On October 9, the temperature dropped sharply in many places in Inner Mongolia. On the streets of Hohhot, pedestrians riding electric cars put on "cotton-padded clothes" to travel. China News Service reporter Liu Wenhua photo

  Just entering October, I "want to wear long pants"

  — —Rainfall in many places in the north has cooled down, and the local temperature drop has exceeded 10℃

  In October, after enjoying the Golden Week holiday, office workers need to overcome not only the "holiday syndrome", but also the windy and cool weather. With the arrival of cold air, there has been a sharp cooling in many places in the north in recent days. On social platforms, many netizens shouted "to wear long pants" in their circle of friends.

  According to the report of the Central Meteorological Observatory on the evening of the 9th, due to the influence of cold air, at 14: 00 on the 9th, compared with 14: 00 on the previous day, the central and eastern Jilin, Liaoning, central Inner Mongolia, northern Hebei, western Shanxi, central and northern Shaanxi, Ningxia, central and southern Gansu and other places experienced a temperature drop of 6-8 C, and the local temperature drop reached 10-12 C.

  In addition, heavy rainfall, fog and other weather in many places have also added traffic pressure to the first working day after the Golden Week. Among them, Weibo Meteorological Beijing, the official of Beijing Meteorological Bureau, reported that the average precipitation in Beijing reached 29.8 mm from 4: 00 to 16: 00 on the 9th.

  According to media reports, on the morning of the 9 th, the rainy and foggy weather in Beijing continued, and several high-speed sections of Jingha, Beijing-Tianjin and Jingping were closed; Rain and fog also affected flights at the Capital Airport. As of 11: 00 on the 9th, more than 100 inbound and outbound flights were delayed and more than 50 flights were cancelled.

  Cold air comes with snow

  — — Many places welcomed the first snowfall in the second half of the year, and the temperature hit a new low in the second half of the year.

  In addition to strong winds and rainfall, snowfall occurred in some places in the north. According to a report from the Central Meteorological Observatory on the evening of the 9th, 1-7mm snowfall or sleet occurred in central Gansu, eastern Qinghai and central Inner Mongolia during the daytime on the 9th.

  According to media reports, due to the influence of cold air, Xining, Qinghai Province ushered in the first snowfall since autumn on the 9th. The daily minimum temperature dropped to 0.9℃, and the temperature hit a new low since the second half of this year. The meteorological department of Qinghai Province issued several yellow warnings for cold waves.

  The staff of Qinghai Meteorological Bureau told the media that the first snow in Xining this year was 20 days earlier than last year, and the low temperature weather will continue. It is understood that at present, Xining has not yet entered the heating season, but due to the obvious drop in temperature, citizens have put on winter cotton clothes and masks.

  Some areas in Inner Mongolia also ushered in the first working day after a long holiday in the wet and cold. According to media reports, the first snowfall occurred in many places in Inner Mongolia since the second half of the year, with obvious snowfall in Alxa League, Bayannaoer, Baotou, Wulanchabu and Hulunbeier. The snowfall time in central and western Inner Mongolia was the earliest in recent 10 years, and the maximum snow depth in Hulunbeier boketu has reached 13 cm.

  Zhang Fanghua, chief forecaster of the Central Meteorological Observatory, said that the cold air process affected a wide range and lasted for a long time, with a large cooling range, long precipitation duration and large accumulated precipitation in the northern region.

  Zhang Fanghua suggested that the cold air process not only brought about obvious cooling, but also accompanied by a wide range of precipitation weather, and the body temperature will be very low, and the temperature in most areas in the next 10 days will be lower than that in the same period of the year. At present, most areas have not been centrally heated, and the public needs to take cold-proof and warm-keeping measures.

  National gale cooling forecast map (from 20: 00 on October 9 to 20: 00 on October 11). Image source: Central Meteorological Observatory official website

  Cold air will continue to go south.

  — — The cumulative cooling range in Wuhan and Chongqing can reach 15℃

  As the saying goes, an autumn rain is cold, and ten autumn rains put on cotton. In the next few days, the cooling weather will continue.

  According to the official website news of the Central Meteorological Observatory, it is estimated that there will be a temperature drop of 6-10℃ in the central and eastern parts of Northeast China, most of North China, southwestern Shaanxi, northeastern Sichuan, Chongqing, Huanghuai, Jianghan, Jianghuai and northern Jiangnan from 20: 00 on the 9th to 20: 00 on the 11th, and the local temperature drop can reach 12℃. There are 4-6 winds in most of these areas.

  For example, under the influence of rain and cold air, the temperature in Beijing will continue to drop. According to media reports, the highest temperature in Beijing during the day on the 10th was only 11℃, and the lowest temperature in the morning on the 11th will drop to 7℃, both of which will hit new lows since the second half of this year.

  In addition, the cold air continues to go south. According to media reports, Hubei will usher in a "roller coaster" decline in temperature from the 10th, and the highest temperature in northwest Hubei will be the first to drop to 18-21 C; On the 11th, the temperature will drop further, and the highest temperature in Wuhan will drop to 16℃, and the cumulative cooling rate can reach 15℃.

  According to local media reports in Chongqing, a cooling and rainy weather process began in Chongqing on the evening of the 9 th, which lasted until the 12 th, and the daily average temperature will drop by 6-9 C. From the perspective of the whole city, the highest temperature will drop from 33℃ to 18℃, and the cooling rate will be as high as 15℃.

  In addition, it is expected that there will be heavy rain and local heavy rain in parts of Sichuan, Shaanxi, North China, Liaoning and Jilin from 20: 00 on the 9 th to 20: 00 on the 10 th; In Inner Mongolia, Hebei, Shaanxi, Ningxia, Gansu, Qinghai and other places, rain will turn to sleet or snowfall. Among them, there are moderate to heavy snow in parts of southern Ningxia and central Gansu, and there are heavy snow in mountainous areas.

  It is understood that on October 12, the cold air force will weaken and the cooling will end. At that time, only Jiangnan and northern South China will have a temperature drop of 2 C to 4 C.