Can the sub-class economy achieve new opportunities from the beginning of the child, and then become a dating software?

Original Wang Yingli Kuaiwan Thinking

Tips: This article is about 3,620 words, and it takes 10 minutes to burn your brain. Wang Yingli, a journalist who plays chopsticks, sent it in Beijing.

Carpooling, maps, group buying, take-away, e-commerce, chatting, learning, games, music, reading, payment … Any new thing, if it can become the living habit of most people, will create a new platform opportunity.

Whether the catering and catering economy can become new platform opportunities depends on the flow, irreplaceable demand, capital operation and liquidity, etc. From the perspective of applet and App, the sub-category application did have corresponding platform construction earlier.

Previously, in the article "",some fans left a message that the economy will probably deteriorate in the end.

In fact, from the perspective of apps such as partners and rice friends, they have indeed become chat and dating software in the name of (rice) partners.

Chopsticks Playing Thinking (www.kwthink.cn) This article analyzes whether the (rice) partner can become a platform opportunity, but also needs to consider the practical problems. Why does the (rice) partner App deteriorate in the end?

Why do young people need partners?

Tik Tok, Xiaohongshu, Weibo and other platforms have millions and tens of millions of traffic about the content and topics of the partner, and the highest even reaches tens of billions of broadcasts. Young people’s main demand for partners is diet, and rice partners are the most common combination. However, no matter whether they are qualified partners or normal modern people, anyone’s demand is not limited to eating, except diet, travel, script killing, swimming, fitness, reading, and even fishing at work, it can be said that everything can be built.

Don’t think that it’s just young people who are keen on taking partners. According to the 2023 Social Research Report on Taking Partners, the number one job is civil servants, as well as retired people and students at school. Taking partners is not only for young people, but also for office workers and silver-haired people.

Interestingly, the report data shows that women need partners more than men, and it can even be said that partners are dominated by women’s economy.

The author has previously gone deep into the rice partner group and experienced four facts:

1) Partners are not only single people, but also couples and married people have additional needs, such as attending multi-person dinners and script killings.

2) Partner is not only a hobby to push, but some people look for partners just for curiosity or to pass the time.

3), partners are not to make friends, some partners are to have no human burden when having fun, and in group chat, the habit of not adding is set for most partners. For example, some couples traveled by car together for seven days, and when they came back, they not only didn’t know each other’s names (communicated by their net names), but even didn’t add WeChat (had group chats), focusing on a chance meeting, but the origin was together and the fate was separated.

4) You don’t have to meet each other. It’s also a sub-category game to supervise each other’s fitness and eating in the group.

From a realistic point of view, the partners’ interests are very strange. Some of them ask each other for self-study, walk the dog, stay in a daze, Pinduoduo cut a knife, or a few introverted people go out to walk in the street together. Even many couples have half-price meals and second cups. The partners only talk about companionship and AA system, and don’t talk about feelings at all.

Judging from the Baidu index chart, contemporary people’s demand for activities is stronger than that for parties and socializing, and the index of parties and activities has been rising for a long time (just to play for fun, not to play for socializing). For the behavior of partners, it emphasizes activities, but it is also related to parties and socializing.

Hidden above the activities is the great boredom and loneliness of contemporary people. Interestingly, contemporary people have no time to be sad. They prefer happiness. How can they pursue happiness? It seems that making friends is a broad solution. From this point of view, it is not surprising that some subclassing apps will become dating software.

Judging from the deteriorated sub-category App, if it is put into the social field, it is not cost-effective. Obviously, it is a new demand, but it must be close to a broken Red Sea.

Dating apps can’t solve the needs of partners.

Most dating software is actually feminine logic. In the conventional communication relationship, there is only one payer, which is contrary to the logic of partner AA. In other words, if we return to the traditional logic of making friends, the partner relationship will not exist.

In the previous article about the partner, some fans pointed out that the landing of the partner is actually that the active payer stops playing and returns to please himself from pleasing others. Not only men, but also women don’t like the traditional relationship. The traditional relationship is that whoever initiates pays the bill. If it is a high-quality relationship, rushing to settle the bill at checkout will also make the sponsors feel indebted, while if they are fair-weather friends, it will hurt their wallets too much.

Based on the dissatisfaction with the traditional relationship, this is the friendship between children. Everyone doesn’t need to invest in feelings, just enjoy the activity itself, and AA is enough when checking out. Everyone doesn’t care about each other and doesn’t owe anyone.

In dating software, it becomes: I pursue you, you accompany me, and I pay for your company. Reality has also proved that this kind of communication relationship can’t actually solve the spiritual emptiness and loneliness of contemporary people. Contemporary people have turned from emotional bondage to short and ruthless trading needs, returning to the basics of activities, playing together, and then paying their own bills and returning to their homes for happiness.

The original intention of the partner is not only to solve the financial problem, but also to lift the human bond. In the survey, the partner’s needs include helping Pinduoduo cut a knife, and also collecting orders and doing tasks. However, for such needs, most acquaintances will feel that the other party does not respect themselves. If they are partners, there is no such psychological burden at all. The partners of migrant workers also carry the burden on each other, fish together, skip work together, etc. Acquaintances will only refuse and dissuade them, and only partners will accompany them and do not need to return.

From this point of view, the friendship between children and traditional friends is almost a completely different track. What is needed to build a sub-category App is anti-traditional social gameplay, and all social apps can’t keep the real children.

Why can’t I do a subclass App?

The partner has no feelings and does not rely on his face.

There is such a case. In a boarding group, a boarding friend asked for a photo of the boarding partner before going out for a drink, and was finally kicked out of the group by the group owner, because such people need a group of friends, not a boarding group.

On WeChat, Julang creatively developed the "nearby partner" applet, ranging from rice partner, travel partner, street vendor to movie partner. The applet is also divided into Beijing partner, Inner Mongolia partner and Guangdong partner by region, among which game partner, travel partner and dinner partner are the most common, and the reading of a single message is around 5,000-20,000, but it may be too scattered and other reasons.

Perhaps it is true that the traffic on the sub-platform is insufficient. Some apps that were also serious about making partners earlier have transformed to make friends. At this point, the fact is probably that they have given up the business of building sub-category apps.

Judging from the total annihilation of App applications and the desolation of small programs, the demand for partners may not really support a single platform.

The rise and fall of economic behavior actually depends on the change of economic value, and perhaps the fact is that it is difficult to realize the positive realization of the economy.

1) Demand satisfaction is complicated, and ruthlessness is universal.

The partner’s age span is relatively large. From the post-80s to the post-00s, some people are old and naughty, and some are young and mature, such as reading partners to form a reading club. The sources of such channels include Douban, Little Red Book, Weibo, Tik Tok and acquaintances. The needs of the partners are precise and ruthless. After investigation, many partners will immediately uninstall the Douban App after they find an organization in Douban, including the 50-year-old uncle who is looking for a fishing partner in Xiaohongshu. As long as he enters the fishing group, the uncle will change hands with Xiaohongshu. It is an unloading.

Young people will also find partners from digital apps such as Cool ‘an. It is normal that cool friends can’t find people for ten days after they pay attention. The friendship of the people in the new era is that everyone doesn’t invest their feelings in it, and their interests come online. Bye-bye.

2) The commercial dilemma that cannot be ignored

Tik Tok, Weibo, Xiaohongshu, Douban, Kuan, WeChat and other platforms are all faintly visible. It is really difficult to make money from the partner.

Even if it is a group purchase, people used to buy coupons from platforms such as Tik Tok, Word of Mouth, Public Comment, Meituan, etc. In the past, partners found that there were almost no good things in the packages of merchants, which made their consumption tendency basically go to the store, which was beneficial to the entity business but not to the platform.

Some partners have also found that the prices of group purchase packages on many platforms are the same as the actual prices of stores, which also leads customers to get used to paying in stores. I don’t know if this is a cautious move or a helpless move (generally beneficial to businesses).

It seems that the traffic of the partner is just a formality. If the platform wants to make money on the partner, the past business model is almost completely ineffective.

To realize the value of partners, we must reconstruct our thinking.

Can a partner really fail to do a business? Or, can partners really not bring value to capital or brands? That’s not the case.

1), community reconstruction

Partners can be used by businesses, at least to empower the community.

In the past, the community was coupon thinking, and it was the logic of issuing coupons and asking customers to spend. With the passage of time, most of them have become dead groups. In some couples’ dry meals, the chatting energy of strangers is indeed the most abundant. By changing their thinking, bosses can join the partners’ community and spontaneously form a team to win customers for the brand, which requires neither discounts nor group purchases, and does not need to pay new drainage fees.

Bosses can also help partners launch activities and help partners recruit new partners. These are all ways to realize the flow of partners.

In the brand group, there was always the only brand in the past. For example, all the brands in the group talked about the same brand, which is also the reason why the brand group will eventually be silent. In the chopsticks thinking, bosses can initiate a partner alliance, such as multi-restaurants × swimming and fitness × camping brands × parent-child activities, etc., through multi-brand alliances, which is a way to revitalize traffic and can also form a brand consumption cluster.

2), functional reconstruction

It’s difficult to build a single platform, so it’s probably a good idea to embed the old platform to make the platform functional. For example, the four functions of comments are punching in, taking videos, sending photos and writing comments. In fact, a team function can be added to initiate the platform. When several people meet at the store for dinner, they can pay a deposit first and spend it at the store, which can not only bring new passengers to the store, but also facilitate the communication of the platform.

Compared with rebuilding the sub-platform, embedding the old platform and functionalizing it will be more efficient and practical.

In summary, it can be seen that the sub-category economy is not without economic value and flow play, but now most of them use traditional business models to deal with new play, and the failure of running-in naturally fails to see the value.

As for the partner economy, this article does not discuss and judge it too deeply. Partner is like a new business opportunity rising in Ran Ran, which is not only a new social problem, but also a new demand of social people. Only by paying attention to it can we gain benefits from it.

Original title: "Starting from a partner and then becoming a dating software, can the sub-category economy achieve new opportunities?" 》

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Empowering Industry Financing Innovation Huawei Cloud Innovation Center Partner Cooperation Forum was held.

Shenzhen News Network August 29, 2023(Reporter Ye Mei) On August 27th, the "828 B2B Enterprise Festival Huawei Cloud Innovation Center Ecological Development Forum" was held in Shenzhen. The theme of this forum was "Empowering industries to integrate innovation", focusing on enterprise digitalization and exploring the path and vision of enterprise digital transformation.

At the meeting, Huawei Cloud Innovation Center joined hands with more than 10 software eco-partners to release the special plan of Huawei Cloud Industry Expert Group. UFIDA Software and Huawei Cloud released the Fast by BIP product scheme, and CITIC Bank Shenzhen Branch and Huawei Cloud jointly launched CITIC e-loan financial products for software partners. Huawei Cloud Empowerment Cloud and the National Service Alliance for Digital Transformation of Small and Medium-sized Enterprises jointly released the National Alliance for Digital Services of Small and Medium-sized Enterprises "Three Fu" National Bank-Shenzhen Station. In addition, the awarding ceremony of Huawei Cloud Innovation Center’s excellent education solution partner and Huawei Cloud Innovation Center’s excellent manufacturing solution partner was held at the same time.

Digital transformation experts from many industries shared the digital transformation of manufacturing and education industries, as well as the cooperation history and achievements with Huawei Cloud Innovation Center.

Gather wisdom and strength to help enterprises transform digitally and win a new future for industrial development.

Liu Yaohuang, Party Secretary and Director of Shenzhen Pingshan Industry and Information Technology Bureau, delivered a speech at the scene. He thanked Huawei and partner companies for their support to Pingshan’s economic and social development, and introduced the achievements of digital transformation of Pingshan’s manufacturing industry. He said that Pingshan has always insisted on planning, exploring and promoting the development of "digital+"empowerment, intelligence and assignment manufacturing, and promoting the real economy to improve quality, increase efficiency and reduce costs. The N of Pingshan industrial policy "2+N" includes the special policy of digital economy, which highlights the strong support for the industrial Internet.

Zhiqiang Tao, vice president of Huawei Cloud China District, shared the theme of "Gathering wisdom, gathering strength, and sharing a new chapter of booming industrial ecology". He said that "empowering industries and integrating innovation" is the core of Huawei Cloud Innovation Center. With the help of integrating innovative public service platforms, it provides a complete set of technical empowerment solutions related to all aspects of digital ecology, helping enterprises solve the technical, financial and talent problems faced in the transformation and helping enterprises grow better. In the future, Huawei Cloud will continue to practice the concept of "everything is service", continue to increase investment in the fertile soil of industrial digital innovation, and join hands with governments at all levels, enterprises, ecological partners and developers to jointly develop, tolerate and innovate a new chapter in industrial ecology.

Peng Kunmin, general manager of Huawei Cloud Empowerment Cloud Excellence Operation, gave a speech entitled "Gathering together, working together for a win-win situation, and the road of Huawei Cloud Empowerment Cloud Digital Intelligence Empowerment", which explained the development trend of digital economy and the development process of Huawei Cloud Empowerment Cloud. He said that digital transformation has become an important direction of industrial development. Huawei Cloud Empowering Cloud continues to build an eco-service organization, strengthen the introduction of eco-partner capabilities, and with the help of the public service platform model of Huawei Cloud Innovation Center, it continues to empower enterprises in digital transformation and accelerate the digital innovation of the industry for industrial manufacturing, software development, integration of industry and education and other industry scenarios.

At the inauguration ceremony of Huawei Cloud Partner Expert Group, Chen Qianwen, general manager of inclusive finance Department of CITIC Bank Shenzhen Branch, Tang Xianyong, deputy general manager of Shenzhen Xunfang Technology Co., Ltd., Liu Chen, co-founder and vice president of Beijing Yidong Fanxiang Technology Co., Ltd., Wang Pei, chairman of Shanghai Zhenyun Information Technology Co., Ltd., Zhang Yancong, founder and &CEO of Guangzhou Shengyuancheng Technology Co., Ltd., and Zhou Haiwei, chief technology officer of Shanghai Yurui Information Technology Co., Ltd. Wang Zhiwei, Vice President of Ecology of Shanghai Black Lake Technology Co., Ltd., and Ma Changxi, General Manager of South China Operation Center of Shanghai Pan Micro Network Technology Co., Ltd. became members of the expert group. Zhiqiang Tao, Vice President of Huawei Cloud China District, and Peng Kunmin, General Manager of Huawei Cloud Empowerment Cloud Excellence Operation presented letters of appointment to the members of the expert group and took a group photo.

Huawei Cloud Innovation Center joins hands with eco-partners to create heavy activities, invest superior resources and boost the digitalization of the industry.

Cloud gathers innovation and prospers ecology. In the process of promoting the digital development of the industry, Huawei Cloud Innovation Center cannot do without the support of excellent partners. In this forum, Huawei Cloud Innovation Center and ecological partners released a number of projects to accelerate the digital transformation process of the industry.

Fast by BIP, a large-scale enterprise digital intelligence package jointly built by UFIDA Network Technology Co., Ltd. and Huawei Cloud, provides a one-stop global service for large enterprises, enabling customers to make good use of the cloud and help them quickly promote digital intelligence and become a digital intelligence enterprise. In this forum, Zhiqiang Tao, Vice President of Huawei Cloud China, Gao Feng, Minister of Huawei Cloud Ecological Development Department, Dong Bo, Vice President of UFIDA Network and President of UFIDA Ecological Department, and Wang Zengliang, Director of UFIDA Network Ecology jointly announced that "2023 UFIDA Fast by BIP & Huawei Cloud Joint Product" was officially released.

CITIC Bank Shenzhen Branch and Huawei Cloud launched the "e-loan for cloud merchants" to help enterprises build a lifeline and empower their partners to grow their businesses. Under the witness of Zhiqiang Tao, Vice President of Huawei Cloud China, Peng Kunmin, General Manager of Huawei Cloud Empowerment Cloud Excellence Operation, Chen Qianwen, General Manager of inclusive finance Department of CITIC Bank Shenzhen Branch, and Luo Wenqiang, Deputy General Manager of State-owned Assets Business Department of CITIC Bank Shenzhen Branch, the "2023 Cloud Business E-Loan Huawei Cloud Innovation Center Accelerated Action" was officially released.

The National Alliance of Digital Services for Small and Medium-sized Enterprises "Sanfu" National Tour-Shenzhen Station was officially launched.

Qi Lu, Secretary-General of the National Alliance for Digital Services of Small and Medium-sized Enterprises, introduced the "three contributions" of the National Alliance for Digital Services of Small and Medium-sized Enterprises, namely, promoting digital empowerment, intellectual empowerment of scientific and technological achievements, and brand assignment of quality standards-Shenzhen Station.

Under the joint witness of Peng Kunmin and Qi Lu, the activity of "National Alliance of Digital Services for Small and Medium-sized Enterprises’ Three-Fu National Tour-Shenzhen Station" was officially launched.

The forum also presented awards and awards for Huawei Cloud Innovation Center’s outstanding educational solution partners, Huawei Cloud Innovation Center’s outstanding manufacturing solution partners, Huawei Cloud Innovation Center’s outstanding general solution partners and Huawei Cloud Innovation Center’s potential partners.

In the future, Huawei Cloud Innovation Center will continue to join hands with ecological partners, continue to serve enterprises, deeply empower the industry, accelerate the integration of innovation, and help the process of digital intelligence transformation.

The disputes are rising year by year. Why are online celebrity amusement projects so troublesome?

  Because of its sports, fun and fashion, in recent years, emerging amusement projects such as rock climbing, trampoline, bridge swinging, equestrian and bungee jumping are popular among young people and even children, but their safety risks cannot be ignored. On August 31st, in order to promote the health of the emerging amusement industry, Beijing Shunyi Court made a summary of the legal risks reflected in the disputes involving emerging amusement projects, and made suggestions to consumers, operators and relevant departments.

  Typical case

  Injury while playing trampoline was not treated in time.

  Be diagnosed with grade 10 disability

  A total of five people from Yan and his friends went to play in a trampoline park run by an ecological farm in Beijing. Before entering, Zou and others signed the "Notice of Exemption for Admission Safety".

  Yan said that it was his first time to play trampoline on the day of the incident. When he entered the venue, no staff told him which areas were advanced and which areas were primary. During the playing process, no staff gave him guidance. He was injured while doing somersault in the white area, and then he did not report his discomfort to the staff. The staff did not give him first aid or take corresponding medical measures. He did not go to the hospital in time because he did not expect to be so seriously injured at that time. Finally, the hospital diagnosed it as a burst fracture of thoracic vertebra 12 and a spinous process fracture of thoracic vertebra 11. After identification, Zou constituted a level 10 disability.

  In the end, the court found that Yan was responsible for 80%, and the operator was responsible for 20%, and compensated Yan for personal injury losses of more than 60,000 yuan.

  Coincidentally, when Ms. Xu, a citizen of Beijing, was playing on the Huangqiao Bridge in online celebrity, a water park in Shunyi, Beijing, many tourists accidentally fell into the water, and the pool was too shallow and lacked protective measures, which caused her calcaneal fracture, which was a grade 10 disability. Ms. Xu sued a company that managed it. On July 21 this year, Beijing Shunyi Court ordered a company to compensate Ms. Xu for medical expenses, nursing expenses, lost time and mental damages totaling 175,385.55 yuan.

  In this regard, Liu Hongyan, president of Niulanshan Court of Shunyi Court, said that most of the emerging amusement projects have evolved from professional sports and there are great security risks. Liu Hong Yan said that due to reasons such as low industry entry threshold, inadequate safety tips, and insufficient personnel and equipment protection, safety incidents caused by emerging amusement projects frequently occur, and such disputes are also on the rise year by year. In 2019 alone, Beijing courts accepted 67 such cases.

  "It is worth noting that the injuries of the injured in such cases are mostly serious, and the rate of identification as disability is large, which has caused heavy trauma to both the injured and the operators."

  Risk warning

  Emerging amusement projects have low barriers to entry.

  Lack of industry standards

  At present, places such as trampoline hall, rock climbing hall, partying hall and water park, which are engaged in new amusement projects, are not professional sports venues, and the state has no specific qualification requirements for their operators, and there are also no unified standards and requirements for their market access conditions, venue specifications, amusement facilities, staffing and management level. Operators only need to obtain industrial and commercial business licenses to operate.

  In addition, the key hardware facilities and safety equipment in the business premises, such as the location requirements, instructions for use, the number of people and the weight of climbing ropes, lack clear specifications and standards, and most of them are purchased or built by operators themselves, and there is no need to go through relevant inspections before they are put into operation.

  The rules of the game are unclear and the industry supervision is absent. Whether trampoline and other emerging sports have relatively uniform rules and action standards is not fully understood by the general public and players, and the relevant industry departments have not formulated and popularized the rules and precautions of this kind of amusement projects, especially for the players’ own physical requirements, the formulation of rules and the maintenance of game order.

  In addition, there is also a lack of corresponding supervision over the operators and business premises that operate the above amusement projects. Whether the first-aid drugs, first-aid personnel and measures in the business premises are fully prepared, and whether there are corresponding penalties for operators who have safety accidents, etc., there is still a lack of industry guidance and supervision for emerging amusement projects.

  Insufficient safety tips in business premises and abuse of exemption clauses. Before tourists enter the business site and prepare to play, most operators do not fulfill their full obligation to inform and prompt, so that players can fully understand the safety risks of the projects they want to play, and then make correct choices and decisions based on their own physical fitness.

  Uneven staffing and lack of safety guidance. Although emerging amusement projects belong to amusement projects, they are professional and dangerous. However, some operators are not equipped with professionals to save costs, so players can’t ask for help in time when they encounter problems.

  Consumers’ lack of risk awareness and violation of safety tips. Some consumers do not know enough about the risks that emerging amusement projects may bring, blindly pursue excitement, and imitate difficult movements without professional training and guidance. In addition, some consumers lack sufficient experience and skills to deal with emergencies, and often panic and mishandle them.

  The judge suggested

  Consumers carefully and rationally choose play items.

  Regulatory authorities improve industry norms

  In view of the above risks, Tu Lin, a judge of Niulanshan Court of Shunyi Court, made corresponding suggestions to the players, operators and relevant departments.

  Players improve their awareness of risk prevention and choose their play items carefully and rationally. Taking into account the existence of normal risk factors in sports activities, Article 1176 of the Civil Code promulgated this year stipulates that "the victim may not ask other participants to bear tort liability if they voluntarily participate in cultural and sports activities with certain risks and are damaged by the actions of other participants; However, unless other participants have intentional or gross negligence in the occurrence of damage. " Based on the risk-taking principle, the following suggestions are put forward for players:

  First, read the risk notice carefully and choose the play items carefully. The second is to follow the rules of the game and never challenge high-risk actions. The third is to seek medical advice in time after the injury and keep the evidence properly.

  The regulatory authorities improve industry norms and strictly supervise and manage.

  First, improve the industry norms and standards of emerging amusement projects, strengthen the qualification review of business entities and employees, formulate production and installation standards for equipment and facilities of high-risk amusement projects, and introduce basic game rules and prohibitions of corresponding amusement projects. The second is to strengthen the law enforcement supervision of industry operators. It is necessary to intensify the investigation and punishment of illegal acts, refine the safety operation standards, strengthen the implementation of standards, increase the administrative management and supervision of the implementation of safety responsibilities of operators, and improve the standard level of workplace safety management. The third is to improve the relief channels. Open telephone complaints, online complaints and other channels for the misconduct of operators, and punish them once they are verified.

  Text/reporter Song Xia

2022 Black Bomb Officially Listed Great Wall Gun Shines at Qilu Auto Show

  On June 9th, the 45th Qilu International Automobile Exhibition and Trade Fair officially opened. Qilu Auto Show, as one of the important exhibitions in the central market, has a strong radiation influence. At this year’s auto show, the Great Wall Gun took two major categories, leisure and fashion business, and three models, 2022 black bullet, off-road gun trailer version and King Kong gun flat-bottomed container version, made a grand debut. Among them, the 2022 black bullet rejuvenation is listed, which is a 1-word scalp card model, and the official guide price is 248,800 yuan.

A copy of the default title of the picture _fororder_image001.

2022 black bomb goes on the market.

  In May, the 300,000th vehicle of the Great Wall Gun was officially rolled off the assembly line. From zero to 300,000, the Great Wall Gun took only 2 years and 8 months, and once again demonstrated the "Great Wall Gun Speed", becoming the first high-end pickup truck brand in China to break through 300,000 sets, setting a new industry record.

  Designed for off-road players, 2022 black bombs were launched.

  In 2021, Great Wall Gun officially released the "Cannonball Plan", and together with excellent co-creation partners such as Yunliang, Dinghuo and Yuanda Shelby, it built the first co-creation and modification platform of China automobile brand, which is also the first professional, customized, personalized and ultimate user experience platform in China. Black bomb is the first product of this platform incubation. In view of the individual needs of deep cross-country and pan-outdoor players, Great Wall Gun and Yunliang Cross-country jointly developed, and after many revisions and demonstration tests, this "wilderness weapon" was created.

  At the auto show, the 2022 black bomb was launched. In terms of face value, the 2022 black bullet adopts the all-black body background color, which is only decorated with bright orange, which is very appropriate in the temperament of "low-key is not mediocre, high-profile is not unassuming".

Image default title _fororder_image002

2022 Black Bomb

  What is even more surprising is that the 2022 black bullet chassis has been newly developed and upgraded, with stronger resistance, lighter weight, faster chassis response and worry-free handling. The whole vehicle is also equipped with professional K-MAN shock absorption and standard Bailuchi KO2 tires, which not only provides strong support and rebound suppression, but also enables people to "walk on the ground" in any environment, and can cope with all kinds of road conditions and easily meet various usage scenarios. Off-road hard core equipment is added. Thanks to part-time 4wd system, front and rear axle electronic differential system and WARN winch, the 2022 Black Bomb has a stronger ability to get out of trouble, and it can be easily hold in desert, Gobi, river beach or bog, enjoying the fun of off-road driving. In addition, the original factory comes with 2.5 tons of traction qualification, which can meet all kinds of traction needs and enjoy outdoor life.

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2022 Black Bomb

  The Great Wall Gun, which takes users as the center, will continue to create personalized customized models with upgraded performance, enhanced functions and unlimited expansion of scenes together with major modified brands, so as to meet the needs of pickup players and lead the development of pickup culture in China.

  Full scene pickup truck life Great Wall gun whole car layout trailer version

  As the pioneer of new pickup truck category, the leader of pickup truck culture and the leader of users’ co-creation, Great Wall Gun insists on category innovation and makes full efforts to take advantage of leisure and fashion business. Take the leisure category, and strive to meet the diversified and personalized needs of users, improve the quality of life of users around the world, and empower the pickup culture to develop upwards.

  At the auto show, as an all-terrain mass production off-road pickup truck — — The trailer version of the Great Wall gun off-road pickup truck is particularly eye-catching. In order to meet the diversified needs of users, at present, the whole car system of Great Wall Gun has been equipped with trailer models. The off-road gun trailer version is naturally powerful, with C6 driving towing qualification, equipped with 2.5 tons of towing qualification, a trailer with a reserved power outlet and a rear towing device, which can create infinitely expanding towing use scenarios, including towing motorcycles, Luya boats, RVs, motorboats, etc., which perfectly adapts to the whole scene of pickup truck life and allows users to enjoy the charm of pickup truck culture.

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Great wall gun off-road pickup trailer

  Empowering thousands of industries to create a car with people’s livelihood value.

  Great Wall Gun’s fashion and commercial products focus on building compact and medium-sized pickup trucks, and are committed to building a car of value and people’s livelihood for thousands of industries, helping users to have good business and a better life. King Kong Gun, which is positioned as a fashionable commercial pickup truck, is another global product of Great Wall Gun’s category innovation.

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King kong cannon

  King Kong Cannon has three kinds of containers to choose from: standard box, long box and flat bottom. No matter what "goods" they are, they can give you the right choice. In particular, the flat-bottomed container is "value-for-money, economical and fashionable". The horizontal inclination angle of the container is smaller than that of competing products, the rear of the container is not tilted, and the car posture is good; 1.82m ultra-long flat container, leading the same level, the effective loading of flat container is increased by 50%, and the square boxes and drums are placed casually. King Kong cannon also has a small turning diameter, which can easily cope with narrow road conditions and turn around and turn. Intimate container lighting, caring for everyone who races against the clock.

  King Kong Cannon is a high-value model based on the needs of users in the era of industrial interconnection. It is tempered to be rigid and has the quality of King Kong. It pays tribute to the strugglers in the new era with hard-core strength, empowers thousands of industries, expands new formats and innovates business together.

  At this year’s auto show, the Great Wall Gun also shared its understanding of the "climber spirit": the climber spirit is the spirit of pursuing dreams, and the Great Wall Gun has changed the commercial characteristics of pickup trucks, endowed them with the characteristics of riding, created a full-scene pickup truck life, and made pickup trucks have culture; Climbers need to challenge themselves mentally. Above 300,000, the Great Wall Gun will climb to a higher goal. The climber’s spirit needs cooperation and co-creation. The Artillery League Cheyouhui has 31 provincial teams, 800,000 fans of the Great Wall Gun APP and six pickup colleges. The Great Wall Gun has built a full-scale pickup truck life by co-creating, co-building and sharing with users, helping the diversified development of pickup trucks.

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Measure Everest

  Great Wall pickup truck has been the first in domestic sales and the first in export for 24 consecutive years. Ride the wind and waves, be steady and far-reaching. Standing on a new starting point of 300,000 units, Great Wall Gun will continue to exert its efforts in category innovation and user co-creation, write a new chapter in category innovation, practice the concept of global user co-creation and deepen global development. (Photo courtesy of the Great Wall pickup)

Lei Jun personally experienced Xiaomi SU7! Watch unlock, auto-flip dashboard cool

Fast technology January 19 news, a few days ago, Xiaomi CEO Lei Jun released a video, personally taking everyone to immerse themselves in Xiaomi’s first car Xiaomi SU7.

As you can see,Lei Jun unlocked the vehicle through Xiaomi Watch, and at the same time, the tail wing also rose synchronously, which was very handsome.

After Lei Jun enters Xiaomi SU7 and starts, the main driver’s seat will be automatically adjusted to the memory position. The advantage of this function is that it is convenient to get on and off.

Xiaomi SU7 is also equipped with a dashboard that supports automatic flipping.Support to display total mileage, gear, driving mode and total energy consumption.

Finally, Lei Jun also demonstrated the head-up display function in the car, which can display information such as remaining power, speed and navigation.

The watch is unlocked, the tail wing is automatically raised, the main driver is automatically adjusted, and the dashboard is automatically turned over. It must be said that these processes in one go have already filled the sense of ceremony before Xiaomi SU7 runs.

It is worth mentioning that some netizens sincerely asked Lei Jun in the comment area: Will there be Redmi cars? ".

In this regard, Lei Jun replied: At present, we are still focusing on Xiaomi Automobile. "

Lei Jun personally experienced Xiaomi SU7! Watch unlock, auto-flip dashboard cool

It is understood that the first models of Xiaomi SU7 will be equipped with Xiaomi super motors V6 and V6s, with a speed of up to 21,000 rpm, and adopt a new super 800V silicon carbide high-voltage platform developed by Xiaomi, with a maximum voltage of up to 871V V.

(reporting)

AITO’s new M7 series was delivered as soon as it was released, with a price of 249,800 ~ 329,800 yuan.

On September 12th, the new M7 series of AITO was officially launched. At the press conference, Yu Chengdong, managing director of Huawei, CEO of BG, and CEO of BU, a smart car solution, said: "We have invested 500 million yuan in the new M7 series of AITO, using solid materials and the best technology to make it not only become ‘ Intelligent cockpit ceiling ’ , or ‘ Intelligent driving ceiling ’ , but also ‘ Intelligent safety ceiling ’ ! In the invisible and visible places, it brings users the ultimate experience that is more advanced than far ahead! " 

"Shuangzhi" continues to be far ahead, and the whole country can drive with wisdom.

The new M7 in Wenjie is equipped with HUAWEI ADS 2.0 high-order intelligent driving system, which is the first to realize high-speed and high-order intelligent driving in urban areas without relying on high-precision maps. It is expected that in December this year, the urban intelligent driving pilot assistance (urban NCA) will realize the intelligent driving experience that all roads in the country can be opened and the more open they are, the better they will be. 

Behind the excellent intelligent driving experience, the new M7 in Wenjie is equipped with 27 sensing hardware, including an overhead laser radar, three millimeter-wave radars, 11 high-definition visual sensing cameras and 12 ultrasonic radars. With the high-performance computing platform and Huawei’s self-developed anthropomorphic algorithm, the whole scene and all-weather perception of dynamic and static targets (including alien objects) are realized. Among them, HUAWEI ADS 2.0 upgrades the GOD(General Obstacle Detection Network) 2.0 network pioneered by the industry on the basis of integrating BEV(Bird Eye View) perception ability, which can identify alien objects outside the white list of general obstacles, and finely identify the types of obstacles (such as distinguishing ambulances and police cars), with a recognition rate as high as 99.9%.

HarmonyOS’s smart cockpit is smoother and more fun. The super desktop brings more mobile phone applications, and the "touch" of mobile phones can realize the continuous circulation of applications such as drama and games. In the back row, HUAWEI MagLinkTM has developed a new way to play space scenes. Huawei tablets can be connected immediately, realizing multi-device linkage. The intelligent cockpit can be changed into a personal workshop, a multi-person conference room and a children’s study, and the magic space can be flexibly switched to create "mobile whole house intelligence".  

All-round "rejuvenation" upgrade, super-large space is unparalleled.

The new M7 fully considers the needs of family travel, with a length of 3338mm and a trunk depth of 1100mm, which can easily accommodate 12 20-inch boarding boxes. After the second row of seats are laid down and connected with the trunk, the maximum depth is extended to 2051mm, which can easily accommodate 30 20-inch suitcases, and various modes such as a 2-meter big bed can be switched, so that it is easy for two people to lie flat. With the 52L storage compartment in the trunk, the ultimate space efficiency meets the loading requirements of family cars, and it can be easily loaded regardless of the distance of one person, the romance of two people or the happiness of a family.

Active and passive double insurance, double super safety and more reliable.

Passive safety is not afraid of accidents, active safety avoids accidents, physical safety and intelligent safety are double insurance, which makes the new M7 series double super safety in the world. In terms of passive safety, the new M7 car body structure is matched with mold opening. The submarine-grade thermoformed steel accounts for 24.4% of the whole car, and high-strength steel and aluminum alloy account for 80.6%, which is better than the mainstream models of 500,000 luxury brands currently on sale. The new car also comes standard with eight airbags and double pre-tensioned seat belts in the front row, which provides users with all-round driving safety based on more real scene verification.

In terms of active safety, the new M7 is not afraid of things and can avoid them. The active safety capability of HUAWEI ADS 2.0 continues to evolve, and the omni-directional anti-collision system is launched to realize the forward, lateral and backward omni-directional anti-collision capability, and the omni-directional protection is the real safety. The maximum braking speed of AEB(Automatic Emergency Braking) is increased to 90km/h, which can reduce 90% of traffic accidents caused by inattention and complex road conditions, and its active safety capability continues to lead in the industry. 

The cart is comfortable and easy to drive, and the whole family is comfortable to travel.

The new M7 focuses on family travel scenes and comprehensively optimizes the driving experience. The big five seats come standard with brand-new "cotton candy" seats, with 10 layers of comfortable laminated design and a total foam thickness of 100mm;; The ventilation, heating and massage functions of four seats are standard, and each seat is as comfortable as first class. Through the Xiaoyi Wisdom Assistant, the double-row nap function of the main driver and the auxiliary driver can be turned on by voice. Enjoy six new zero-gravity seats, so that users can unload their fatigue when riding, as if they were in a space capsule, bringing the ultimate comfort and relaxation experience. In addition, the new M7 in Wenjie is also equipped with leading and comfortable configurations such as front and rear double air-conditioning boxes, 17 air-conditioning outlets, rear air-conditioning touch screen, and fully automatic electric pedal. A healthier "zero formaldehyde" cockpit allows the whole family to enjoy a healthy and comfortable travel experience at any time.

In terms of driving experience, the new M7 in Wenjie upgraded HUAWEI DATSTM 2.0, equipped with HUAWEI DriveONE extended-range electric drive platform, and the four-wheel drive version accelerated by 4.8s per 100 kilometers, with a comprehensive battery life of 1,300km under the condition of full oil and full electric CLTC, a pure battery life of 240km and a fuel consumption as low as 5.6L/100km under the condition of power feeding. 

The official guide price of the new M7 series is: 249,800 yuan for the five-seat rear-drive version of M7 Plus, 284,800 yuan for the five-seat four-wheel drive version of M7 Plus and 309,800 yuan for the five-seat intelligent driving version of M7 Max; The six-seat rear-drive version of M7 Plus is 269,800 yuan, and the six-seat intelligent driving version of M7 Max is 329,800 yuan. Order the new M7 series in the world immediately, and you can enjoy the car purchase rights of 33,000 yuan. Consumers can consult and make reservations at Huawei Mall, Huawei Authorized Experience Store and AITO User Center.

Upstream news Luo Xiaodi

[I knew] 10 central enterprises collectively acted and set off a new wave of repurchase and holdings; US stocks closed higher.

abstract

?2023/10/17?

10 central enterprises collectively act! Since September, more than 100 companies have repurchased their holdings;

Will the US government take more measures to restrict the export of chips to China?The Ministry of Foreign Affairs responded;

The State Council:Improve the support capacity of strategic mineral resources such as rare earths;

In September, the electricity consumption of the whole society increased by 9.9% year-on-year;

Contemporary Amperex Technology Co., Limited Shenxing rechargeable battery launched the first landing Star Road Star Era model;

Institution:Suppliers expand production reduction, and the quarterly increase of NAND Flash contract price in the fourth quarter is estimated to be 8-13%;

The three major indexes of US stocks collectively closed up, with the Nasdaq rising by 1.2%;

Chairman Haitian Weiye proposed a big buyback..

Overnight outer disk
The three major indexes of US stocks rose across the board. At the close, the Dow Jones index rose 0.93%, the Nasdaq index rose 1.2% and the S&P 500 index rose 1.06%. Popular technology stocks generally rose, with Amazon and Meta rising more than 2%, and Microsoft, Google, NVIDIA and Tesla rising more than 1%. Popular Chinese stocks are mixed, with the future rising by nearly 7%, Tencent Music rising by nearly 6% and JD.COM rising by over 2%.
Europe’s three major indexes rose across the board. At the close, Britain’s FTSE 100 index rose 0.41%, France’s CAC40 index rose 0.27%, and Germany’s DAX30 index rose 0.34%.
Hot spot focusing
1, 10 central enterprises collective action! Since September, more than 100 companies have repurchased and increased their holdings.
On October 16th, 10 central enterprises announced one after another, which set off a new wave of repurchase and increase holdings, including China Petrochemical, baoshan iron & steel, COSCO Haikong, China Mobile, China Railway Construction, China Coal Energy, Three Gorges Energy, China Power Construction, Hikvision and China Resources Micro. Among them, five listed companies announced plans to increase their holdings by about 500-1.63 billion yuan; Two listed companies announced the progress of increasing their holdings, totaling about 2.343 billion yuan; A listed company adds a repurchase plan, which does not exceed 3 billion yuan; Two listed companies announced the progress of repurchase, totaling 475 million yuan. In fact, this wave of repurchase holdings has started since September. According to incomplete statistics, since September, more than 40 listed companies in the A-share market have issued relevant announcements to increase their holdings, including shareholders, Dong Jiangao and dealers. More than 60 listed companies have issued share repurchase plans, and most of the repurchased shares are used to implement equity incentives or employee stock ownership plans.
2. The US government will take more measures to restrict the export of chips to China? Ministry of Foreign Affairs responded
According to CCTV news, on October 16th, Foreign Ministry Spokesperson Mao Ning held a regular press conference. A reporter from Reuters asked that the Biden administration is expected to take more measures to restrict the export of chips to China. What is China’s response to this? Mao Ning said that China has repeatedly stated its position on US chip export control to China. We believe that the United States should stop politicizing, instrumentalizing and weaponizing economic, trade, scientific and technological issues, and stop disrupting the stability of the global supply chain. China will pay close attention to relevant trends and resolutely safeguard its own rights and interests.
3. the State Council: Improve the support capacity of strategic mineral resources such as rare earths.
The State Council issued the Opinions on Promoting the High-quality Development of Inner Mongolia and Striving to Write a New Chapter of Chinese Modernization, in which it proposed to support the systematic exploration and evaluation, protective development, high-quality utilization and standardized management of strategic mineral resources in Inner Mongolia, and to enhance the support capacity of strategic mineral resources such as rare earth, iron, nickel, copper, tungsten, tin, molybdenum, gold, fluorite, crystalline graphite, lithium, uranium and helium. Accelerate the development of high-end rare earth functional materials such as high-purity rare earth metals, high-performance rare earth permanent magnets and high-performance polishing. Expand the application of rare earth catalytic materials in steel, cement, glass, automobile, thermal power and other industries. Support Baotou Rare Earth Products Exchange to build a nationwide rare earth products trading center according to laws and regulations, and build Baotou into the largest rare earth new material base in China and the world’s leading rare earth application base.
4. the State Council: Support the application for the establishment of China (Inner Mongolia) Pilot Free Trade Zone according to procedures.
The State Council issued the Opinions on Promoting the High-quality Development of Inner Mongolia and Striving to Write a New Chapter of Chinese Modernization, in which it proposed to support the application for the establishment of China (Inner Mongolia) Pilot Free Trade Zone according to procedures. Accelerate the integrated development of processing, investment and trade in Manzhouli and Erenhot mutual trade zones. Study and optimize the setting of administrative divisions at border ports to enhance the endogenous development momentum. We will promote innovative management models in Manzhouli and Zhalainuoer, Wulanchabu and Erenhot, and promote the joint development of ports and hinterland. Further consolidate the industrial foundation and promote the high-quality development of the comprehensive bonded zone. Promote cooperation with Mongolia and Russia in agriculture, forestry, animal husbandry and fishery, energy and minerals, infrastructure and other fields. Strengthen technical and project exchanges and cooperation with Mongolia and other neighboring sand source countries in the fields of dust source monitoring and comprehensive management, ecological environment and ecological restoration. Support Inner Mongolia to expand economic and trade cooperation with Singapore and other countries.
5. National Energy Administration: In September, the electricity consumption of the whole society increased by 9.9% year on year.
On October 16th, the National Energy Administration released data on electricity consumption of the whole society in September. In September, the electricity consumption of the whole society was 781.1 billion kWh, a year-on-year increase of 9.9%. In terms of industries, the electricity consumption of the primary industry was 11.7 billion kWh, up 8.6% year-on-year; The electricity consumption of the secondary industry was 519.2 billion kWh, up 8.7% year-on-year; The electricity consumption of the tertiary industry was 146.7 billion kWh, a year-on-year increase of 16.9%; The domestic electricity consumption of urban and rural residents was 103.5 billion kWh, a year-on-year increase of 6.6%.
6, Contemporary Amperex Technology Co., Limited Shenxing rechargeable battery first landing Star Road Star Era model.
On October 16th, Chery Group and Contemporary Amperex Technology Co., Limited jointly announced that Shenxing rechargeable battery had landed in the era of Qi Ruixing, and the strategic cooperative relationship between them was further deepened. Relying on Contemporary Amperex Technology Co., Limited’s leading extreme manufacturing capacity, Shenxing rechargeable battery will be mass-produced by the end of 2023, and the vehicle equipped with Shenxing rechargeable battery will be officially launched in the first quarter of next year. In the future, Chery Group and Contemporary Amperex Technology Co., Limited also plan to simultaneously promote Shenxing rechargeable battery models in overseas markets, explore markets in Europe, the Middle East, ASEAN and North America, and jointly promote the early realization of global electrification and national double carbon targets. Up to now, Shenxing rechargeable battery has landed in brands such as Chery, Aouita and Nezha Automobile. Contemporary Amperex Technology Co., Limited is leading the industry into the era of overcharge of new energy vehicles.
7. Organization: Suppliers expand production reduction. The quarterly increase of NAND Flash contract price is estimated to be 8-13% in the fourth quarter.
According to the research of TrendForce Jibang Consulting, due to the strict control of output by suppliers, the contract price of NAND Flash rose in the fourth quarter, with an increase of about 8-13%. Looking forward to 2024, unless the original factory can still maintain the production reduction strategy, and the demand for Enterprise SSD in the server field warms up, it will be difficult for NAND Flash to continue its upward trend without the support of demand.
Theme opportunity
1. The price of fluorite rose to an eight-year high, and leading enterprises were investigated by hundreds of institutions.
On October 16th, the mainstream delivery price of domestic fluorite market was 3,700 yuan to 3,900 yuan/ton. The quotation of some enterprises has increased by more than 20% compared with that before the National Day, and the price has reached the highest level in eight years. Prior to this, two fluorite mine safety accidents occurred in Inner Mongolia and Jiangxi, and the rectification efforts of non-coal mines continued to increase, and the mine operating rate continued to decrease at a low level. On the company side, Jinshi Resources has been investigated by more than 130 institutions recently. The company said that fluorite is a non-renewable, irreplaceable and recyclable resource, and some small mines have withdrawn or suspended due to resource exhaustion or other reasons, and strict supervision has been normalized. The threshold has increased, and the increase in mining and processing costs has also increased their prices. During the National Day this year, the price of fluorite increased rapidly. As far as the increase is concerned, this year is stronger than the same period of last year, and the company will follow the market. In terms of production capacity, if the three production lines of Baotou Steel Jinshi can fully reach production next year, the output can reach the goal of 600,000 to 800,000 tons; Yonghe Co., Ltd. (sh605020) currently owns 3 fluorite mining rights and 2 fluorite exploration rights, and the proven fluorite reserves have reached 4,852,700 tons of ore. In September this year, the company obtained a new mining license for Sumo Chagan Aobao fluorite mine. The production scale of fluorite ore is 120,000 tons/year, and it is expected that it can be mined by 2025, at the earliest or at the end of 2024.
2. The leading flash memory manufacturers’ role in reducing production shows that institutions are optimistic about the bottoming out of the industry.
According to TrendForce Jibang Consulting, due to the strict control of output by suppliers, the contract price of memory NAND Flash rose in the fourth quarter, with an increase of about 8% to 13%. For NAND FIashWafer, after Samsung’s production reduction was expanded to 50%, other original factories also maintained a controlled film-throwing strategy. After the production reduction for more than half a year, some processes and capacities showed structural supply shortage, and it is expected that the contract price will increase by 3% to 18% in the fourth quarter. Tianfeng International Securities believes that the semiconductor industry is a typical industry with obvious two characteristics of strong cycle growth, which generally follows the law of completing a round of ups and downs in four to five years. The downward cycle of this round of memory chip prices has lasted for one and a half years. According to the short cycle distribution of Niu Changxiong and the recent price increase signals of DRAM and NAND Flash, it is currently in the brewing stage of the downward tail to regain its upward trend, and the industry is expected to gradually recover after bottoming out in the third quarter. You can pay attention to Jiang Bolong and De Mingli.
3, Huawei asked the car to re-expose the black technology photovoltaic roof charging battery life
It is reported that the flagship SUV model M9 of AITO will be officially launched at the end of the year. Recently, there are channels to expose the two "black technologies" unique to the car world M9. One of them is that the car world M9 is equipped with solar panels on the roof and hood. When the weather is fine, it can increase the vehicle’s endurance by 20 kilometers every day, and even meet the commuting needs of some people. The analysis points out that solar energy technology is becoming cheaper and more efficient. In addition, the electric vehicle industry has made great progress, battery technology has been continuously improved, and the penetration rate among customers has been continuously improved. The intersection between these trends and related enterprises is the best opportunity for solar electric vehicles. The development of solar electric vehicle technology will make electric vehicles a real "new energy" vehicle, which is of great significance to the green development and the realization of the double carbon goal. You can pay attention to Amarton and Tuo Ri Xinneng.
Company news
1. Borui Medicine: The polypeptide hypoglycemic drugs of its subsidiary are still in the research and development stage.
Borui Pharmaceutical (688166) disclosed the announcement of stock trading changes on the evening of October 16th. The peptide hypoglycemic drug BGM0504 injection independently developed by Borui Xinchuang Biomedical Technology (Wuxi) Co., Ltd., a holding subsidiary of the company, is still in the research and development stage. As of the disclosure date of the announcement, the two indications of weight loss and treatment of type 2 diabetes have only obtained the ethical approval of phase II clinical trials, and the phase II clinical treatment of type 2 diabetes has begun to enter the group. After the phase II clinical trial is completed, the confirmatory clinical trial scheme needs to be confirmed by National Medical Products Administration, and the phase III clinical study needs to be carried out and completed, and it can only be produced and put on the market after being reviewed and approved by National Medical Products Administration.
2. Kanghui Pharmaceutical: Shaanxi Youbang has not produced the intermediate of diet pills at present.
Kanghui Pharmaceutical (603139) issued a clarification announcement on the evening of October 16. Shaanxi Youbang was the holding company of the company acquired in September 2020. Due to the overall market environment, Shaanxi Youbang continued to lose money since its merger in October 2020. At present, Shaanxi Youbang is carrying out small-scale pilot production of the intermediates of Smegrupeptide and Teborpeptide. After the small-scale pilot production, it is necessary to complete the pilot stage before large-scale production can be carried out. At present, Shaanxi Youbang does not have the production capacity of the intermediate of smeglutide and teportide.
3. Shuanglu Pharmaceutical Co., Ltd.: GLP-1 receptor agonist has not been independently studied for weight loss.
Shuanglu Pharmaceutical Co., Ltd. (002038) disclosed the announcement of stock trading changes on the evening of October 16th. At present, the company’s research project GLP-1 receptor agonist (Japanese preparation) has completed the follow-up of all the enrolled subjects in the third phase, and it is in the stage of clinical data collation. The preliminary results show that the products developed by the company are basically the same as those of the original research drug Novotel, and there is no difference in safety. This product has not been clinically studied for weight loss alone, but the weight change at baseline and after 24 weeks was observed as a secondary therapeutic index in phase III clinical study.
4. Baihua Medicine: There is no production and sales of drugs related to liraglutide and smeaglutide.
Baihua Pharmaceutical (600721) issued a risk warning on the evening of October 16th. The company only carried out the preliminary research work of the synthesis route screening and pilot test of liraglutide and smeagoutide projects, and there was great uncertainty in the subsequent research and development. At present, no customers entrust our company with research and development, and the company has no related drug production and sales. The company mentioned in the reply of the interactive platform that "there is a slimming product in the research project", only orlistat capsules; The project began drug research and development in July 2022, and is currently in the clinical research stage.
5. Far East Co., Ltd.: The customer of the company’s liquid-cooled high-power cable sample delivery is not Huawei.
Far East Co., Ltd. (600869) issued an explanatory announcement on the evening of October 16th, regarding the sample delivery of the company’s liquid-cooled high-power cable to Huawei supplier Yonggui Technology in the early stage. At present, the relevant samples are still being tested by the other party, and the customer of the company’s liquid-cooled high-power cable delivery is not Huawei, and it has not yet passed the final test of Yonggui Technology. There is uncertainty about whether the final test passed or not, and whether the company generates revenue.
7. Zhengqiang shares: It is planned to establish a new energy automobile battery manufacturing company through joint venture.
Zhengqiang Co., Ltd. (301119) announced on the evening of October 16 that the company recently signed the Cooperation Agreement on Joint Venture with Hangzhou Shiteng New Energy Co., Ltd. and Ningbo Shuoqing Technology Co., Ltd., and all parties intend to jointly invest in the establishment of a joint venture company. The registered capital of the joint venture company is 100 million yuan, of which the company contributes 55 million yuan, accounting for 55%. After the establishment of the joint venture company, it will mainly engage in the manufacture, integration and sales of energy storage and new energy vehicle batteries; Production and sales of battery spare parts and accessories and other related technology development and business expansion.
8. tonghua dongbao: Engelje raw materials and tablets have been approved for marketing.
Tonghua dongbao (600867) announced on the evening of October 16th that the raw materials and tablets of Engelgin were approved for marketing. Engleggin is a highly selective SGLT-2 inhibitor with a unique insulin-independent hypoglycemic mechanism, which is mainly used to improve blood sugar control in patients with type 2 diabetes.
9. Guoxin Technology: The internal test of the new automotive electronic MCU product was successful.
On the evening of October 16th, Guoxin Technology (688262) announced that the new generation of automotive electronic MCU product "CCFC3007PT" developed by the company has been successfully tested in the company recently. The chip is developed and produced based on 40nmeFlash technology. Compared with CCFC3008PT chips of the same series, the communication LIN is increased to 16 channels, and the MCAN is increased to 12 channels. The storage capacity of the chip is increased to 12 bytes, the highest configuration Flash for data storage is 512K bytes, and the memory space SRAM is increased to 1536K bytes.
10. Shensi Electronics: jointly won the bid for the project of 1.369 billion yuan.
Shensi Electronics (300479) announced on the evening of October 16 that the consortium led by the company won the bid for the construction project of digital Jinan city comprehensive perception and early warning network engineering information platform, with the winning bid amount of 1.369 billion yuan. According to the workload division agreed by the consortium, the amount of projects undertaken by the company is about 809 million yuan, accounting for more than 50% of the company’s operating income in 2022.
11. Baolong Technology: notified by the designated point of ADAS project of a head independent brand OEM.
Baolong Technology (603197) announced on the evening of October 16th that it had recently received a "Fixed Point Notice" from a domestic head self-owned brand main engine factory, and selected the company as the supplier of pavement preview system for its brand-new platform project. According to the customer’s plan, the life cycle of the project is 3 years, and the total amount of the life cycle exceeds 300 million yuan. It is expected that mass production will begin in the first half of 2024.
12. baoshan iron & steel: It is planned to buy back the A shares of the company for no more than RMB 3 billion.
Baoshan iron & steel (600019) announced on the evening of October 16th that it planned to buy back A shares of the company at a price of 8.86 yuan per share with its own funds of no more than 3 billion yuan, and the number of shares repurchased was no less than 330 million shares and no more than 500 million shares, accounting for about 1.48%-2.25% of the company’s total share capital before repurchase.
13. Haitian Weiye: The chairman of the board proposed to buy back shares of 500 million yuan to 800 million yuan.
Haitian Weiye (603288) announced on the evening of October 16 that Pang Kang, the chairman of the company, proposed that the company buy back some public shares by centralized bidding. The total amount of the repurchase funds is not less than 500 million yuan and not more than 800 million yuan.
14. China Mobile: The actual controller’s increase has exceeded 50% of the lower limit of the increase plan.
China Mobile (600941) announced on the evening of October 16th that during the period from January 21st, 2022 to October 16th, 2023, China Mobile Group increased its holdings of 26,258,400 A-share shares, accounting for 0.123% of the total issued A-share shares of the company, accounting for 2.909% of the total issued A-share shares of the company, and the accumulated holding amount was about 1.514 billion yuan, which exceeded the holding plan. China Mobile Group will continue to increase its holdings and complete the plan before December 31, 2023.
15. Beijing-Shanghai high-speed railway: It is estimated that the net profit in the first three quarters will be 8.253 billion yuan to 9.662 billion yuan.
The Beijing-Shanghai High-speed Railway (601816) announced on the evening of October 16th that it is estimated that the net profit for the first three quarters will be 8.253 billion to 9.662 billion yuan, compared with 152 million yuan in the same period last year. In the first three quarters of 2023, the safety of high-speed rail within the company continued to be stable, and the domestic passenger transport market showed a steady recovery trend.
16. TCL Technology: The net profit in the first three quarters increased by 448%-502% year-on-year.
TCL Technology (000100) released its performance forecast on the evening of October 16th. It is estimated that the net profit for the first three quarters of 2023 will be 1.541 billion yuan to 1.691 billion yuan, up 448%-502% year-on-year. In the third quarter, the net profit returned to the mother was 1.201 billion yuan to 1.351 billion yuan, turning losses year-on-year. During the reporting period, the company firmly adhered to the strategy of large-size high-end, accelerated the business layout of medium-size IT and vehicle, consolidated the position of small-size market, and expanded the VR/AR and special display market. The quarterly profit of semiconductor display business in the third quarter increased significantly year-on-year and quarter-on-quarter. In the field of new energy photovoltaic business, TCL Zhonghuan accelerated manufacturing transformation and technological innovation transformation, enhanced flexible manufacturing capability, accelerated global business layout and industrial chain coordination, and made sustained and stable contributions to performance.
17. Linglong Tire: It is estimated that the net profit in the first three quarters will increase by 317%-400% year-on-year.
Linglong Tire (601966) announced on the evening of October 16th that it is estimated that the net profit attributable to shareholders of listed companies will reach 900 million-1.08 billion yuan in the first three quarters of 2023, up by 317%-400% year-on-year. In 2023, benefiting from the continuous recovery of domestic economic activities and the rising demand in overseas markets, the company achieved a cumulative sales growth of 20.8% from January to September, among which the passenger car tires with high Mao Lijiao increased by 23.25%.
18. Jinhui Liquor: The net profit in the first three quarters was 273 million yuan, a year-on-year increase of 27.55%.
Jinhui Liquor (603919) released its third quarter report on the evening of October 16, and achieved an operating income of 496 million yuan in the third quarter, a year-on-year increase of 47.84%; The net profit attributable to shareholders of listed companies was 18.2308 million yuan, an increase of 884.79% year-on-year. In the first three quarters, the net profit attributable to shareholders of listed companies was 273 million yuan, a year-on-year increase of 27.55%. During the reporting period, the proportion of products above 100 yuan in the main business income increased to 79%.
Pien Tze Huang: Net profit in the third quarter was 864 million yuan, up 17.03% year-on-year.
Pien Tze Huang (600436) released its third quarterly report on the evening of October 16th, and achieved an operating income of 2.555 billion yuan in the third quarter, up 16.48% year-on-year; The net profit of returning to the mother was 864 million yuan, a year-on-year increase of 17.03%.
Editor: peng bo
Proofreading: Li Lingfeng
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E Zhou Xin Li

This week, Weilai released its 2020 financial report. Although its annual net loss was 5.3 billion yuan, its gross profit margin turned positive. This has increased the industry’s expectations for Weilai. At the same time, holding more than 40 billion yuan in cash also gives investors confidence in the future development of the company.

The first week of March is the week when the new car-making forces release the production and sales express. Five new car-making forces, such as Weilai, Ideality, Tucki, Nezha and Zero Run, all showed different degrees of decline in February, and Weilai ranked first by virtue of the number of models.

For more news about the new forces of building cars, let’s move on.

1. In 2020, Weilai’s total revenue exceeded 16.2 billion, up 107% year-on-year, and 43,000 vehicles were delivered.

On March 1, 2021, US time, Weilai released the fourth quarter and full-year financial report of 2020. In the fourth quarter of 2020, the revenue was RMB 6.64 billion, up 46.7% from the previous quarter, and the total revenue for the whole year was RMB 16.2579 billion, up 107.8% from the same period last year. In terms of cash reserves, Weilai currently has a total reserve of 42.45 billion yuan; The annual operating loss was 4.61 billion yuan, narrowing by 58.4%.

In terms of delivery volume, the number of vehicles delivered in the fourth quarter of 2020 was 17,353, including 4,873 ES8, 7,574 ES6 and 4,906 EC6. In contrast, 8,224 vehicles were delivered in the fourth quarter of 2019 and 12,206 vehicles were delivered in the third quarter of 2020. In 2020, 43,728 vehicles were delivered and in 2019, 20,565 vehicles were delivered.

Source: First Electric Network

2、Geely Baidu established Jidu Automobile Co., Ltd.

Tianyancha APP shows that Geely and Baidu set up a brand-new joint venture company today, and the company was named Jidu Automobile. The registered capital of the new company is 2 billion yuan, and the company law is Xia Yiping. The shareholders are Dazi Bairuixiang Venture Capital Management Co., Ltd. (55%) and Shanghai Huapu Automobile Co., Ltd. (45%).

E Zhou Xin Li

Source: First Electric Network

3. Weilai sold 5,578 vehicles in February, a year-on-year increase of 689%.

On March 2, Weilai Automobile released the unaudited financial report for the fourth quarter and the whole year of fiscal year 2020 as of December 31, 2020. The financial report shows that in the fourth quarter, Weilai Automobile delivered 17,353 vehicles, a year-on-year increase of 111%, and delivered 43,728 vehicles throughout the year, an increase of 112.63% over 2019; Revenue in the fourth quarter was 6,641.1 billion yuan (US$ 1,017.8 billion), a year-on-year increase of 133.2%.

E Zhou Xin Li

Source: First Electric Network

4. LI delivered 2,300 Li ONE vehicles in February, a year-on-year increase of 755%.

On March 2nd, LI released the February delivery data. Li ONE delivered 2,300 vehicles in February, an increase of 755% compared with February 2020. As of February 28th, Li ONE has delivered more than 40,000 vehicles, reaching 41,276 vehicles.

E Zhou Xin Li

Source: First Electric Network

5. Xpeng Motors delivered 2,223 vehicles in February, and the cumulative delivery volume in January and February increased by 577% year-on-year.

On March 2nd, Xpeng Motors released the results delivered in February 2021. Affected by the Spring Festival holiday and other reasons, Xpeng Motors delivered 2,223 vehicles in February, of which 1,409 vehicles were delivered by Tucki P7 in February, and the cumulative delivery reached 20,181 vehicles, making it the fastest vehicle type for new car manufacturers to break through 20,000 vehicles. From January to February, the cumulative delivery volume in Xpeng Motors increased by 577% compared with the same period of last year.

Source: First Electric Network

6. Nezha Automobile sold 2,002 units in February, up 18.63% year-on-year.

On March 1st, Nezha Automobile released the production and sales data for February, and sold 2,002 vehicles in February, up by 18.63% year-on-year, and the cumulative sales exceeded 30,000.

E Zhou Xin Li

Source: First Electric Network

7. The delivery exceeded the 10,000-unit mark, with a total of 10,841 zero-run vehicles delivered.

On March 1st, First Electric Network learned from the official of Zero-Run Cars that by February 28th, 2021, the cumulative delivery of Zero-Run Cars had exceeded 10,000 units, reaching 10,841 units. Among them, T03 delivered a total of 8,362 units and S01 delivered 2,479 units. At the same time, 2424 sets of zero-running cars were ordered in February.

E Zhou Xin Li

There are 793 pre-sale orders for retail C11, 1604 sales orders for retail T03 and 27 sales orders for retail S01. As a zero-run, C11 launched a brand-new SUV model, and the first OTS vehicle (tooling car) was officially rolled off the assembly line on February 27th.

Source: First Electric Network

8. The first model of Zhiji Automobile was opened for booking in April and listed in 2022.

A few days ago, the driving sight learned from the official that Zhiji Automobile, a subsidiary of SAIC, will make a global reservation for its first production model at the Shanghai Auto Show in April this year. It is understood that the new car will be officially listed and delivered in 2022.

E Zhou Xin Li

Source: driving sight

9. Nezha received another credit of 5 billion yuan, and the accumulated credit amount exceeded 10 billion yuan.

A few days ago, we learned that Hezhong New Energy Automobile Co., Ltd. signed a comprehensive strategic cooperation agreement with Shanghai Branch of CITIC Group Coordination Committee to start all-round and in-depth cooperation with CITIC Bank Shanghai Branch, CITIC Securities and CITIC Prudential Life Insurance Shanghai Branch, and obtained a comprehensive credit line of 5 billion yuan from CITIC Bank. The financing funds will be mainly used for the research and development of intelligent technologies such as intelligent cockpit and intelligent driving in Nezha.

E Zhou Xin Li

Source: Aika Automobile

10. The new models of G3/P7 in Tucki are all entry-level models.

On March 3rd, Xpeng Motors announced that G3 and P7 had launched two NEDC models respectively, among which Tucki G3 added a 460c enjoyment model, the battery type was lithium iron phosphate, and at the same time, it was replaced with low wind resistance wheels, with a battery life of 460km;. Tucki P7 has newly added rear-drive standard endurance models, including Zhixiang version and Zhizun version, all of which use lithium iron phosphate batteries, and NEDC has a battery life of 480km. From the perspective of the two vehicle systems, the newly added models are all entry-level models of G3 and P7, which enriches the choice of car purchase, especially the newly added model of Tucki P7 further lowers the purchase threshold of this car.

E Zhou Xin Li

Source: First Electric Network

11, 169,900 from the sale of Aichi U5 PURE Zhi listed in urtext.

A few days ago, we learned from the official that the 2021 Aichi U5 PURE urtext was officially launched, and the price of the new car was 169,900-189,900 yuan. The "1+3" mode with self-defined options is introduced in this model. Users can carry out three categories of options and options, such as battery life, exterior interior color and function upgrade, on a benchmark model, with 384 vehicle configuration combinations.

E Zhou Xin Li

Source: car home.

one2、Weimar W6 officially opens the pre-sale intention, only 6.6 yuan is needed.

On March 1st, Weimar W6, a brand-new pure electric SUV model of Weimar Automobile, officially opened for pre-sale. At present, after logging in and authenticating Weimar Auto WeChat applet, you will be able to participate in Weimar W6 prize-winning pre-order activities, and you will become an "reserved customer" by paying 6.6 yuan on the activity page, and you will have a lucky draw. In terms of power, Weimar W6 will be equipped with a motor with a maximum power of 160kW. The battery is a ternary lithium-ion battery produced by Hubei Xinghui New Energy Smart Car Co., Ltd., with a battery capacity of 65kWh and a cruising range of 520km.

E Zhou Xin Li

Source: First Electric Network

13. The longest battery life is 610km. Nezha will launch Nezha U Pro.

A few days ago, we learned from Nezha Auto that Nezha Auto will launch 2021 Nezha U, and the new car will be named Nezha U Pro. According to the official, the new car will be upgraded in 33 aspects, such as battery life and intelligence, and the cruising range will reach 610km09 under comprehensive working conditions.

E Zhou Xin Li

Source: car home.

14. Chinese Express and Zhongke Chuangda join hands to build smart cars.

A few days ago, Chinese Express announced that it has formally signed a cooperation agreement with Zhongke Chuangda, and the two sides will set up a joint venture company to focus on the development of automotive intelligent systems and software. The two sides will jointly build a computing platform and tool chain for the next generation of smart cars and launch a new generation of smart car operating systems.

Source: car home.

15. Guosen Securities shares in zero-run cars.

On March 1 ST, Tianyancha APP showed that Zhejiang Zero Run Technology Co., Ltd. (hereinafter referred to as "Zero Run Car") changed its business information: Guoxin Securities, a new shareholder, was added. Regarding this industrial and commercial change, the person in charge of the relevant departments of Zero Run Automobile said: "Guosen Securities is the trustee of our employee stock ownership plan, and Zero Run Automobile is preparing for IPO listing."

Source: Yiou Automobile

16. Xpeng Motors affiliated enterprises set up a new company, and its business scope includes second-hand car distribution.

The data shows that on March 2, Shanghai Pengxing Automobile Sales & Service Co., Ltd. was established with a registered capital of 5 million yuan, and its legal representative is Zhu Yanhua. Its business scope includes the sales of new cars. New energy vehicle sales; Used car distribution; Motor vehicle repair and maintenance. Enterprise survey shows that the company is wholly owned by Shanghai Xpeng Motors Sales & Service Co., Ltd.

Source: Sina Auto

Source: First Electric Network

Author: Li Yanjiao

Address: https://www.d1ev.com/news/shichang/141375.

Fitness just makes you look better? Learn more about it!

  Editor’s note:With the improvement of living conditions and the strengthening of health awareness, more and more people enter the fitness industry. Some people exercise to gain muscle, while others exercise to lose weight. What benefits can fitness bring us? Today, people’s network health talks with you.

  Strength training, the benefits are not only muscle gain.

  1. Prevent and improve anxiety and depression. A study of more than 1,800 people at Harvard University found that people with mild to moderate depression who do strength training at least twice a week have significantly less symptoms than those who don’t. This is because strength training increases the blood flow in the brain and releases brain hormones that enhance mood, such as norepinephrine and dopamine.

  2. Improve cognitive function. A study published in the journal Molecular Psychiatry shows that people who do strength training twice a week have significantly improved their cognitive function after 18 months. Researchers say that strength training can thicken a part of the gray matter in the brain that is often affected in early Alzheimer’s disease.

  3. Reduce the risk of falling. Falling is the main cause of death among people over 65 years old, and the weakness of lower body strength, especially leg strength, is the main risk factor. In a review of 17 studies published in the British Medical Journal, it was found that the risk of the elderly who participated in the fall prevention exercise program, including strength training, decreased by more than one third.

  4. Reduce the risk of type 2 diabetes. A Japanese study published in the Journal of Diabetes Research shows that the elderly over 60 years old have undergone low-intensity resistance training twice a week for 16 weeks, and their blood sugar levels have improved significantly. Su Hao said that the process of human aging itself is caused by insufficient energy supply of cells, and strength training can delay cell aging and improve sugar metabolism.

  5. Prevent heart disease. A study of 4086 adults by the American Heart Association in 2018 showed that strength training can protect health better than aerobic exercise. Last year, a study published in the journal Medicine and Science in Sports and Exercise showed that less than one hour of resistance exercise per week can reduce the risk of metabolic syndrome (such as hypertension, high cholesterol and elevated blood sugar). "This is because strength training can increase the body’s sugar and lipid metabolism." Su Hao explained.

  6. Relieve the symptoms of chronic kidney disease. Muscle atrophy is one of the symptoms of chronic kidney disease. A study published in the American Journal of Physiology last year found that patients who combined aerobic exercise with strength training three times a week significantly increased their muscle strength and overall physical fitness, and other symptoms of patients with kidney disease, such as itching, shortness of breath, impotence and muscle spasm, were also relieved. Patients who only do aerobic exercise have no obvious effect.

  Four movements can reduce underarm fat

  Some women find that there are two lumps of meat under their armpits when they are wearing clothes, which greatly affects their appearance and worries them. In this regard, Tan Sijie, a professor at the Department of Sports Human Science of Tianjin Institute of Physical Education, said that this excess meat is mostly false breast milk, that is, the subcutaneous fat in front of or under the armpit increases, which can be improved through the following four actions to make the body look better.

  1. Back flexion: Sit on the bed or mat, hold the ankle with both hands, touch the ground with the elbow joint, bend the upper body forward, fully extend the back, and try to make the chest touch the thigh; After 6 ~ 8 seconds, restore and do it for 10 ~ 12 times.

  2. Flexion and extension of the back of the neck: stand up straight, hold the barbell piece with both hands, and elbow height lifts it, then lift the barbell piece upward until the arms are straight, and then restore it. Do it 8 times in a row and do 4 ~ 6 groups.

  3. Push the wall exercise: hold the wall with both hands upright, stand with your body leaning forward against the wall, bend your elbows and push the wall to make your body upright, and then stop for a while and restore. Do it 20 ~ 30 times in a row, a total of 2 groups.

  4. Bend your arms and strengthen your chest in a prone position: kneel on the floor with your arms straight, then bend your arms down until your chest hits the ground. When bending your arm, pay attention to putting your body’s center of gravity on your wrist, and support your body weight with the strength of your arm and wrist. Do it 8 ~ 10 times repeatedly.

  Exercise since childhood, and you will get less cancer all your life.

  An epidemiological study by the University of Sao Paulo in Brazil shows that from the age of 17, the health benefits of 60 minutes of moderate physical exercise every day will accumulate for a lifetime.

  In order to investigate the causes of chronic diseases and the long-term effects of physical activity, nutrition, hormones and environment on the development of diseases, the research team conducted a follow-up survey on 28,000 American women. The researchers collected the physical exercise data provided by the participants in adolescence (12-22 years old), and then followed up their physical examination results and exercise every year. The relationship between physical activity in adolescence and the risk of adenoma was tested by logistic regression model. It was found that the risk of adenoma was reduced by 7% in people with more physical activity in adolescence (more than 60 minutes of exercise every day). Starting to exercise in adulthood (23-64 years old) reduces the risk by 9%; Those who have been exercising from adolescence to adulthood have reduced the risk by 24%. The findings were published in the British Journal of Cancer.

  Researchers say that the health benefits brought by sports will have cumulative effects with age. At a time when unhealthy lifestyles such as sedentary, smoking, drinking and overeating are widespread, this study aims to enlighten the public that educating children to form the habit of insisting on exercise from adolescence will benefit them for life.

  Exercise in the gym is step by step.

  Step 1: Warm-up (10 ~ 15 minutes): As soon as many novices enter the gym, they can’t wait and immediately start strenuous exercise, ignoring an important link — — Warm up. Wang Anli said that warm-up activities can not only reduce sports injuries, but also improve sports ability, improve joint flexibility and mobilize internal organs.

  Warm-up activities are based on body fever, slight sweating and no fatigue, and mainly low-intensity activities. For example, you can do some knee stretching exercises first, and then jog for a few minutes, preferably outdoors; Walk for a while after jogging, and increase the swing range of your arms appropriately; After feeling the temperature rise, do some stretching exercises. In addition, warm-up activities can also be carried out in a targeted manner. For example, before spinning training, you can do opening and closing jumps, lunges and leg stretching to mobilize breathing and leg muscles.

  Step 2: Training (about one hour). Many people run on the treadmill for an hour as soon as they enter the gym, which makes it difficult to carry out strength training later because the energy has been exhausted. The correct order is: anaerobic first, then aerobic, such as dumbbell bending, squat and other anaerobic exercises to improve metabolic function, and then aerobic exercise, the exercise effect is better, but pay attention to the fact that the total time of the two should not exceed 1 hour.

  When training equipment, you should practice big equipment first and then small equipment, otherwise, there may be no stamina; We should also follow the principle of gradual progress, starting with a small number of pounds, such as 1 pound, 3 pounds and then rising to 5 pounds or more; The number of practice groups starts from 2 groups, and then gradually increases, with a group of 12~15 times. In addition, when practicing strength, novices should first choose fixed equipment, such as bench press with Smith machine, feel muscle contraction and learn to exert strength, and then practice free weight training, such as lifting barbells from the ground.

  Step 3: Tidy up or relax (5 ~ 10 minutes). After the training, finishing activities with a small amount of exercise for 5 to 10 minutes can make the muscles recover faster and prevent muscle spasms, injuries and soreness. For example, you can walk fast or run 300 meters and do stretching activities. In addition, relaxation activities are also targeted, that is, which parts of muscles are used more during exercise, where to relax. For example, spinning training uses more muscles in legs and shoulders. After training, you can do leg press, turn shoulders and other actions. (People’s Health Network Comprehensive from Life Times)

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Impact on "the first chip of intelligent driving", Black Sesame Intelligent lost 10 billion yuan in three years to go to Hong Kong for blood transfusion.

On March 22nd, official website, the Hong Kong Stock Exchange, showed that Black Sesame International Holding Limited (hereinafter referred to as "Black Sesame Intelligence"), an autonomous driving research and development enterprise, submitted its application for listing on the main board again, with CICC, Huatai International and CCB International as its co-sponsors.

Black sesame intelligence launched an impact on the "first share of autonomous driving chips".

On March 22nd, official website of the Hong Kong Stock Exchange showed that Black Sesame International Holding Limited (hereinafter referred to as "Black Sesame Intelligence"), an autonomous driving research and development enterprise, submitted its application for listing on the main board again, with CICC, Huatai International and CCB International as its co-sponsors.

Black Sesame Intelligence had previously submitted the form on June 30, 2023. Due to its failure to pass the hearing within 6 months, its listing application expired in early January 2024. After a lapse of three months, I handed in the form again. Can Black Sesame Intelligence, which is in urgent need of listing and financing, successfully open the door of the Hong Kong Stock Exchange this time?

Lose 10 billion yuan in three years, and grasp the new dividend of Hong Kong stocks.

According to the prospectus, Black Sesame Intelligence was established in 2016. According to the shipment of high-computing SoC in 2022, Black Sesame Intelligence is the third largest provider of SoC and SoC-based solutions for smart cars in the world. The largest shareholder is the founder Shan Zhangzhang, with about 55.99% of the voting rights.

It is reported that about 80% of the funds raised by Black Sesame Intelligence will be used for research and development; About 10% will be used to improve commercialization ability; And about 10% will be used for working capital and general corporate purposes.

Although the revenue of Black Sesame Smart keeps increasing year by year, the loss is also expanding year by year, with a loss of nearly 10 billion yuan in three years. From 2021 to 2023, the operating income of Black Sesame Intelligence was 61 million yuan, 165 million yuan and 312 million yuan respectively; The net losses were 2.357 billion yuan, 2.754 billion yuan and 4.855 billion yuan respectively.

By the end of 2023, the cash and cash equivalents of Black Sesame Intelligence were 1.298 billion yuan, and the total current liabilities were 334 million yuan. The short-term debt repayment looks good, but due to the company’s low operating income and the need to maintain the company’s daily operations, in 2023, Black Sesame Intelligent’s operating cash flow was a net outflow of 1.058 billion yuan, which was not much different from the value of cash and cash equivalents at the end of the year, and the company continued to flow in funds.

Black Sesame Intelligence said that the huge loss was mainly caused by the company’s excessive R&D investment, and R&D expenditure was the main expenditure part of Black Sesame Intelligence. From 2021 to 2023, the R&D expenditure of Black Sesame Intelligence was 595 million yuan, 764 million yuan and 1.363 billion yuan respectively, accounting for 78.7%, 69.4% and 74.0% of the total operating expenditure and 984.0%, 461.8% and 436.2% of the income in the same year.

Financing has become a "life-saving straw" for black sesame to intelligently supplement its own capital reserves.

Since its establishment in 2016, Black Sesame Intelligence has been invested by well-known VC and industrial capital such as Northern Lights Venture Capital, SAIC, China Merchants Venture Capital, Haisong Capital, Tencent, Boyuan Capital and Dongfeng Motor Group. The total amount of financing in 10 rounds is about 695 million US dollars, about 5 billion yuan. After the last round of financing, the valuation of Black Sesame Intelligence reached 2.218 billion US dollars, about 16 billion yuan.

However, since the signing of the C+ round financing agreement in December 2021, Black Sesame Intelligence has not conducted external financing. This IPO in Hong Kong or Black Sesame Intelligence is an important opportunity under the new dividend of Hong Kong stocks.

On March 31st, 2023, HKEx added Chapter 18C to the Main Board Listing Rules, and introduced the listing mechanism of specialized technology companies, allowing technology companies with no income and no profit to come to Hong Kong for listing. The new rules are applicable to companies in five specialized technology industries: new generation information technology, advanced hardware, advanced materials, new energy and energy conservation and environmental protection, new food and agricultural technology.

It is reported that Black Sesame Smart is the first company to formally submit the A-1 listing documents under the 18C rule of the Hong Kong Stock Exchange since it came into effect.

Competition is worrying about external troubles and internal troubles, and the pressure to reduce costs is great.

In 2022, self-driving passenger cars became popular all over the world, with a global penetration rate of 60.6% and a China penetration rate of 64.4%. According to Jost Sullivan, the global sales volume of self-driving passenger cars is expected to reach 71.6 million by 2028, with a penetration rate of 94.4%, and the sales volume of China is expected to reach 25.3 million by 2028, with a penetration rate of 97.2%.

With the development of automotive industry towards intelligence, SoC has become the mainstream trend in the design and application of automotive chips with many advantages such as improved computing power and high data transmission efficiency. According to Jost Sullivan, in 2028, the global market size of SoC is expected to reach 179.2 billion yuan, and the market size of China is expected to reach 83.5 billion yuan.

However, the current smart driving chip track is still dominated by foreign brands, and domestic smart driving chip manufacturers are facing fierce competition.

According to the prospectus, in 2022, the market share of Black Sesame Intelligence in China and the global high-computing SoC field will be 5.2% and 4.8% respectively, while the market share of the No.1 company A in the global market and China market will be 82.5% and 81.6% respectively.

According to the statistics of Geshi Automobile Research Institute, the top four smart driving domain control chips in 2023 were Tesla FSD chip, NVIDIA Orin, Mobileye EyeQ4H and Mobileye EyeQ5H, and their installed capacity in the field of smart driving domain control was 1.2 million, 1.14 million, 200,000 and 170,000 respectively, with corresponding market shares of 34.4%, 32.6% and 5.7 respectively.

Whether it’s cockpit chips in Qualcomm or smart driving chips in NVIDIA, the products of overseas manufacturers are generally faced with the problem of high cost. In this respect, domestic chip manufacturers have relative advantages in cost control. This has once become an important factor for domestic manufacturers to "roll in" in terms of price.

Since 2023, the growth rate of the new energy automobile market has slowed down, and the "price war" in the domestic automobile market has intensified, and the pressure has been transmitted to the chip manufacturers in the upstream of the industrial chain. According to Morgan Stanley’s report, some car manufacturers are cutting orders for chips such as power management IC, metal oxide semiconductor field effect transistor (MOSFET) and microcontroller (MCU), and asking suppliers to reduce prices.

Yang Yuxin, chief marketing officer of Black Sesame Intelligence, once publicly stated, "The automobile market in China is developing rapidly now. While ensuring the functional performance of (chips), there is also great pressure on the cost. Under the premise that the traditional cost reduction method can’t meet (demand), we can only find a way from the architectural way to put the functions of the original four chips into one chip, and the chip cost will be greatly reduced. "

At present, Black Sesame Intelligence has two series of products, Huashan and Wudang. Among them, A1000 chip helps customers reduce costs by reducing the use of devices. Wudang series chips integrate four sets of functions into one architecture from the way of architecture, so as to reduce the chip cost.

According to the prospectus, as of March 13, 2024, Black Sesame Intelligence has received 23 models of intentional orders from 16 automobile OEMs and first-tier suppliers. As of March 13, 2024, the company has cooperated with more than 49 automobile OEMs and first-class suppliers, including FAW Group, Dongfeng Group and Jiangqi Group.

In addition, in recent two years, BYD, Weilai, Tucki and other major car manufacturers are also actively deploying self-developed chips to improve the efficiency of the combination of software and chips. In this regard, Yang Yuxin said that the self-developed chips of car companies and the chips developed by third-party companies are essentially a game process in terms of cost, differentiation and technological leadership.

Yang Yuxin believes that Weilai’s chips are mainly used in high-end models, and other models will choose other suppliers. After all, car companies should consider a value accounting. He said that the black sesame smart body is relatively large, so it will also gain an advantage through scale.

[Editor: Li Yangzi]