42-Year-old Nicholas Tse’s current situation exposed, accused of being close to Xie Xian? Style change sparks heated debate

Nicholas Tse has always maintained a low-key and stable image in the entertainment industry, especially when it comes to his own love life. Even with rumors everywhere, he chose to use actions to prove his sincere feelings with Faye Wong, such as the picture of holding hands at the airport is the best proof.

As we all know, Nicholas Tse has always been known for his handsome appearance. When he was young, he had clear lines and handsome features. He was undoubtedly a handsome male god in the eyes of many people. Therefore, the public still remains stuck on this handsome image of Nicholas Tse.

However, time is ruthless, and time will eventually carve its mark on everyone’s face, and Nicholas Tse is no exception. Recently exposed photos of Nicholas Tse participating in the event have attracted widespread attention.

On that day, Nicholas Tse was well-dressed, with thin braids, sunglasses, and thick-soled boots, showing a strong masculine taste. However, with the trend of gaining weight, his overall shape looked a little rough and greasy.

It is worth noting that close observation can see that his skin is a little loose, coupled with the height disadvantage, resulting in a slightly strange overall visual effect.

Some people pointed out that Nicholas Tse was more and more like Xie Xian because he had been wearing sunglasses, and his appearance and figure had changed. The state of the two father and son was almost a copy copy, which showed that the power of genes was indeed powerful.

After this group of photos of Nicholas Tse was exposed, it caused heated discussions among netizens. Many people bluntly said that his appearance had undergone major changes, and his clothes had gradually become more conventional. Overall, most of the negative comments were received.

But Nicholas Tse’s photos posted on social platforms are once again rejuvenated after being treated with beauty filters. It is no wonder that more and more people are now falling in love with beauty features.

Nicholas Tse’s appearance changes are inevitable, after all, he is already a 42-year-old middle-aged man. Who can expect to still maintain his 20-year-old appearance at the age of 42? Therefore, the old age of the male god is also inevitable.

Nicholas Tse and Faye Wong have been together for many years, and the two have always maintained a state of ambiguity, and there have been many rumors of a breakup.

In reality, however, the likelihood of a breakup is extremely low. Since they have chosen to be together again, they will not give up easily. And now that the children are grown up and the two have more time to enjoy a happy life, the possibility of a breakup is minimal.

At present, Nicholas Tse’s eldest son is 17 years old, and his second son is 14 years old. The two sons have inherited their parents’ excellent genes, which is really the reward for Cecilia Cheung’s efforts over the years. Overall, the three of them are all well, and I wish them all the best in the future!

Responsible editor:

Starting from the price of 135,700 yuan, the listing of Geely Xingyue S opens the era of high performance for all.

  International Online auto channel News: On July 10th, Geely brand CMA high-end series — — China Xingyue S, a high-performance SUV, was officially launched, with four models, and the official price was 135,700-171,700 yuan. The new car is equipped with a 2.0TD turbocharged engine, and the top model is also equipped with racing-class exhaust sound and S-class electro-optical green dynamic kit optional package, which has full performance attributes; In terms of configuration, Xingyue S is equipped with ADB matrix LED headlights, FACE ID face recognition function and many other unique configurations at the same level, and supports the cloud upgrade of the whole vehicle FOTA, which continues to bring users a dynamic and comfortable full sensory experience.

[auto channel Information+Highlights List] Starting from the price of 135,700 yuan, the listing of Geely Xingyue S opens the era of national high performance _fororder_ WeChat screenshot _20210712113846

Geely xingyue s price

[auto channel Information+Highlights List] Starting from the price of 135,700 yuan, the listing of Geely Xingyue S opens the era of high performance for all _fororder_image001.

Geely xingyue s

  The overall shape is sharp and dynamic, showing high performance attributes.

  In terms of appearance, Xingyue S introduced six body colors: fighter gray, knight black, Arthur blue, Zeus white, thunder gray and Hera red. The overall shape inherited the classic design language of Geely family, and around the aesthetic concept of "dynamic moment", the front face and side were respectively decorated with thunderbolt talons and star shuttle trims, and the tail super light wave exhaust tailpipe was designed with bright black and four sides, making the overall shape dynamic and sharp.

[auto channel Information+Highlights List] Starting from the price of 135,700 yuan, the listing of Geely Xingyue S opens the era of high performance for all _fororder_image003.

Geely xingyue s

[auto channel Information+Highlights List] Starting from the price of 135,700 yuan, the listing of Geely Xingyue S opens the era of high performance for all _fororder_image005.

Geely xingyue s interstellar driving sense engine room

  In terms of interior, Xingyue S has created a futuristic interstellar driving cabin, equipped with S-class high-performance sports seats, high-grade suede materials and meticulous craftsmanship bring high-quality experience, and CMA letter embroidery on the back of the chair highlights Xingyue S performance genes and sports quality. The overall color matching of the interior uses a large area of pure black background, and is decorated with the dancing Xinghai matrix of electro-optic green. The triangular symbols are arranged in the interior of the vehicle in a dot matrix, which looks very dazzling and shows the beauty of agility.

  The whole system comes standard with a 2.0TD engine, and its strong performance releases the feeling of driving and control.

  In terms of power, the new car is equipped with a 2.0TD turbocharged engine, providing two power combinations of 2.0TD+8AT and 2.0TD+7DCT. 2.0TD high power +8AT gold power combination, which realizes the racing-class performance with an acceleration of 6.8s per 100 kilometers, making it the best choice for performance car enthusiasts; 2.0TD+7DCT power combination, the first in its class with 97% transmission efficiency and economic performance of 6.8L fuel consumption per 100 kilometers, meets the comprehensive needs of the mainstream public.

[auto channel Information+Highlights List] Starting from the price of 135,700 yuan, the listing of Geely Xingyue S opens the era of high performance for all _fororder_image007.

Geely Xingyue S is equipped with Bosch 9.3 high dynamic ESP system.

  Inheriting the strong genes of CMA super matrix, Xingyue S brings users control passion and driving pleasure with strong performance and hard power. The body and chassis structural parts with high-strength steel exceeding 78% and the lightweight aluminum steering knuckle make the vehicle steering control more accurate; At the same time, the DP-EPS steering system owned by Xingyue S is adjusted by the professional team of Lotus, which brings higher handling stability and perfectly balances sports performance and comfort performance; In addition, the high dynamic version of Bosch ESP9.3 carried by Xingyue S can limit the understeer or oversteer of the vehicle, ensure the directional stability and steering ability of the vehicle, and give the driver and passenger a full sense of stability and confidence.

[auto channel Information+Highlights List] Starting from the price of 135,700 yuan, the listing of Geely Xingyue S opens the era of high performance for all _fororder_image009.

Geely Xingyue S carries out the full road experience of "Scorpion Bend" performance scene.

  Relying on the strong product performance of Xingyue S, Xingyue S passed the hook test at an initial speed of 122km/h, and its performance far exceeded the industry standard. It is reported that the experience activities in the launch of new cars are combined with the hook test and the scorpion bending performance scene experience pioneered by Geely. In the scorpion bend scene, which combines traditional test subjects such as snake-shaped pile winding, linear acceleration and emergency braking, and Geely’s original "scorpion tail" and other all road conditions, the media and users fully experience the powerful performance of Xingyue S in steering system, braking system, suspension system and power system through their own test drive, and learn the high performance of the new car.

  Multiple configurations leading at the same level to create an immersive driving experience

  As a high-performance SUV, Xingyue S not only pursues high standards of performance, but also combines the whole scene of users’ daily driving to create an immersive driving experience with more comfortable technology configurations at the same level.

  Xingyue S is equipped with unique ADB matrix LED headlights at the same level, which integrates three systems: adaptive anti-glare, automatic height adjustment and curve follow-up steering to provide more accurate and high-definition lighting for the road ahead; The skylight with a lighting area of 0.59 m, the largest panoramic starry sky in the same class, brings a broader visual experience; The 12-speaker BOSE luxury hi-fi system tailored for the whole vehicle, with three sound modes, creates an immersive sound effect and a pleasant experience; In addition, Xingyue S has the unique FACE ID face recognition function at the same level, which can remind people of fatigue driving and dangerous driving actions and bring security at any time. The equipment of kick-type induction electric tailgate further enhances the convenience of daily use.

[auto channel Information+Highlights List] Starting from the price of 135,700 yuan, the listing of Geely Xingyue S opens the era of high performance for all _fororder_image011.

Geely xingyue s vehicle supports FOTA upgrade.

  It is worth mentioning that Xingyue S supports FOTA cloud upgrade, online upgrade, repair, function push and performance optimization of the whole vehicle, so that driving is no longer a static and attenuated experience degradation, but a dynamic and incremental sensory refresh.

[auto channel Information+Highlights List] Starting from the price of 135,700 yuan, the listing of Geely Xingyue S opens the era of high performance for all _fororder_image013.

Geely xingyue s

  Since the continuous exposure of new car information, Xingyue S has gained great attention with its strong performance strength. At present, Xingyue S, Xingyue L and Xingrui together form the high-end series of Geely brand CMA. After the advanced performance, Geely Xingyue S caters to users’ demand for the continuous upgrading of automobile performance, which will set off a performance storm of China brand cars, bring better performance experience and full daily driving and control interest to consumers, and open the era of high performance of sports SUVs for all. (Source: Geely Automobile)

Satellites are still "weaving webs" in the Beidou era, it will take time

  People who live in big cities feel like they can’t walk if they go out without mobile phone navigation. What makes people even more intolerable is the blind guidance of stupid navigation. "I always quarrel with navigation, so angry that I can’t even drop my phone." Some netizens said.

  "The navigation function can be accurate to within 1 meter, and it can clearly locate the specific lane…" Recently, a news of "Beidou Map APP is expected to be launched on May 1" quickly exploded Moments. The report pointed out that this is a basic location-based service tool based on Beidou satellite precision navigation services, which can provide mobile, real-time positioning and navigation as well as location-based clothing, food, housing, transportation and business information services for the majority of users.

  In this regard, some netizens expressed extreme excitement, "Amazing, my Beidou". Others said, "Farewell, Americans’ GPS". However, some people expressed doubts, what is the relationship between the Beidou map APP and Beidou navigation? Beidou has entered people’s lives from "news" so quickly?

  The Beidou system cannot produce electronic maps

  "The Beidou Map APP is not directly related to the Beidou Satellite Navigation System (BDS) in nature. The Beidou Map APP is a mobile application end point software similar to Autonavi Maps and Baidu Maps. As for whether the map end point software displays the positioning results of GPS or the positioning results of BDS, it depends on the hardware configuration of the end point such as the mobile phone and the navigator." On April 13, Dr. Wang Yongquan, chairperson of the Shanghai Sinan Satellite Navigation Technology joint stock company, said in an exclusive interview with a reporter from Science and Technology Daily.

  In this regard, Cao Chong, chief scientist of the China Satellite Navigation and Positioning Association, said that the Beidou system is indeed related to the navigation electronic map, because the use of the Beidou system positioning function to achieve navigation must be expressed in the form of a map. However, the formulation of the Beidou map is questionable. Because whether the Beidou system or the GPS system is used, the same map is used, and there is no Beidou map.

  On the difference between the Beidou system and Baidu and Autonavi, Xu Ying, a researcher at the Institute of Optoelectronics of the Chinese Academy of Sciences and a young scientist of the Beidou system, introduced that the Beidou system and GPS are both global satellite navigation and positioning systems, generally composed of satellites, ground stations and user end points, which mainly provide location information, especially three-dimensional information such as longitude, latitude and altitude. Baidu, Autonavi, etc. are map software, which mainly provide location-based value-added services, such as displaying location, planning routes, providing congestion conditions, etc. Its core is maps, which require many means when drawing, such as remote sensing satellites, map observation vehicles, drone observations, etc.

  "The Beidou system is a navigation system. Baidu or Autonavi can use the positioning results of the Beidou system to output the location. The two are not on the same level at all. As for the Beidou map APP, it may just be called Beidou map, just like the Ursa Major map and the Ursa Minor map, and it has nothing to do with the Beidou satellite navigation system." Xu Ying said.

  Seeing this news, the Beidou editor of the WeChat official account of China’s Beidou satellite navigation system couldn’t sit still. On April 10, the Beidou editor refuted rumors through the WeChat official account that the functions of the Beidou system are positioning, navigation, timing, and short messages. Electronic maps like Baidu and Autonavi only involve the positioning function of the Beidou system and its derivative location-based service function. As for the core map images in these electronic maps, which involve remote sensing satellites to obtain images and other technical means, it really has nothing to do with the Beidou system. "In other words, the Beidou system can only provide certain technical support for electronic maps, and if the Beidou system produces an electronic map, it is really impossible for the concubine to do it!" The Beidou editor "cried".

  All major satellite navigation systems are compatible with each other

  At present, there are four major satellite navigation systems in the world, GPS in the United States, GLONASS (GLONASS) in Russia, BDS (Beidou) in China and Galileo (Galileo) in the European Union. Experts say that if you have to say the difference between Beidou and GPS, it is that "Beidou is its own, GPS is American".

  As a satellite navigation system independently developed by our country, Beidou Navigation has gone through 24 years since the project was established in 1994. In 2012, the Beidou-2 system successfully launched the 16th satellite. Two months later, the system was officially put into operation, and the service area covered the Asia-Pacific. At present, Beidou positioning has entered the third stage. A total of 31 satellites have been launched, and it is expected that 35 satellites will be launched around 2020 to meet the global user service mainly in Asia.

  "From a technical point of view, the Beidou navigation system is very advanced. What GPS can do, the Beidou system can also do it; what GPS can’t do, the Beidou system can still do it." Wang Dacheng, head of the Smart City Engineering Department of the Institute of Remote Sensing and Digital Earth Research at the Chinese Academy of Sciences, said proudly.

  However, even so, the Beidou editor also said in the WeChat official account of China’s Beidou satellite navigation system that the so-called "no GPS, only Beidou" in many coverage "does not exist". Now satellite navigation applications are basically multi-mode. That is to say, in order to give users a better experience, major satellite navigation systems are compatible and complementary to each other, so that users can enjoy uninterrupted positioning services. Beidou editor applauds everyone’s patriotism, but has to tell you the truth realistically.

  Moreover, the Beidou system has been adhering to the concept of "China’s Beidou, the world’s Beidou" since the beginning of its construction. The Beidou system is an open and inclusive system, and is willing to work with satellite navigation systems around the world to benefit mankind and serve the world. At present, the Beidou system has been compatible and interoperable with GPS and GLONASS systems. Therefore, when you use related satellite navigation applications in the future, you should receive more system signals with higher accuracy.

  Wang Yongquan said that the navigation precision claimed by the Beidou Map APP only means that the map itself may be more fine and accurate, not just using BDS and saying goodbye to GPS. In the future, various navigation end points or professional equipment can use the signals of multiple satellite navigation systems at the same time, realize multi-system joint positioning or navigation, and provide users with more accurate and reliable positioning results. Compared with the GPS system, BDS also has a message service function. The user end point of the Beidou system has a two-way message communication function. Users can transmit 40-60 Chinese characters of message information at a time. This function can provide certain communication services in some special environments.

  Empowering urban management to bring convenience to life

  In fact, Beidou has been widely used in the field of industry and national defense, such as: precision surveying and mapping, power timing, intelligent driving test, precision agriculture, and new drones and smart cars. The centimeter-level high-precision positioning end point based on the Beidou satellite navigation system is playing an irreplaceable important "role". The short message service of the Beidou system can send its location to the outside world when the base station is damaged and there is no signal. This won precious time for the golden rescue in the 2008 Wenchuan earthquake.

  "In the next three years, more end points such as mobile phones, bicycles, and wearable devices will use Beidou high-precision positioning services, empowering city management and bringing convenience to people’s lives." Industry insiders predict.

  In the opinion of Peng Ling, a researcher at the Institute of Remote Sensing and Digital Earth of the Chinese Academy of Sciences, Beidou satellites need to be widely used, and the cost is still relatively high, and the performance stability needs to be further improved. Some industry insiders say that taking the chip as an example, due to manufacturing process problems, if the GPS chip is 10 yuan, the Beidou chip is 30 yuan. Enterprises need to control costs. If they want to mass-produce Beidou chips, how many companies are willing to spend more than 20 yuan?

  Then there is the downstream user end. Although many Android brand mobile phones, especially domestic mobile phones, such as OPPO, vivo, Huawei, and Xiaomi, have been able to support the Beidou navigation system in recent years, Apple mobile phones, which account for a large share of the smartphone market, still do not support it. This may lead to embarrassing situations such as domestic mobile phones that cannot be used abroad where the Beidou navigation system is not yet covered, or Apple mobile phones are not suitable.

  In this regard, Wang Yongquan seems more optimistic, "Take the public navigation as an example, most of the mobile phones and car navigation devices we use now support the joint behavior of GPS and BDS at the same time, but users can’t feel it, and many people will not care which satellite system is used for navigation." Wang Yongquan said, "By 2020, with the completion of the global network of BDS, BDS will be fully compatible with GPS, GLONASS and Galileo systems, and it will definitely be more widely used around the world."

  Related Links

  The civilian function of Beidou navigation system

  Personal location-based service: When entering an unfamiliar place, you can use a mobile phone or in-car satellite navigation device equipped with a Beidou satellite navigation receiver chip to find the route to take.

  Meteorological applications: The development of meteorological applications of Beidou navigation satellites can promote China’s weather analysis and numerical weather forecasting, climate change monitoring and prediction, and can also improve the level of space weather early warning operations, enhancing China’s ability to prevent and mitigate disasters.

  Road traffic management: Satellite navigation will help reduce traffic congestion and improve road traffic management. By installing satellite navigation receivers and data transmitters on vehicles, the vehicle’s location information can be automatically forwarded to the central station in a few seconds. This location information can be used for road traffic management.

  Railway intelligent transportation: Satellite navigation will promote the upgrading and transformation of traditional transportation methods. For example, in the field of railway transportation, by installing satellite navigation end point equipment, train travel intervals can be greatly shortened, transportation costs can be reduced, and transportation efficiency can be effectively improved. Beidou satellite navigation system will provide high-reliability and high-precision positioning, speed measurement, and timing services, promote the modernization of railway transportation, and realize the transformation of traditional dispatching to intelligent transportation management.

  Maritime and water transportation: Most of the ships traveling in the world’s oceans, rivers and lakes are equipped with satellite navigation end point equipment, making sea and water transportation more efficient and safe. The Beidou satellite navigation system will provide navigation, positioning and safety protection for ships sailing on the water under any weather conditions. At the same time, the unique short message communication function of the Beidou satellite navigation system will support the development of various new services.

  Air transportation: Using the advantages of satellite navigation accurate positioning and speed measurement, the instantaneous position of the aircraft can be determined in real time, effectively reducing the safe distance between aircraft, and even in foggy weather conditions, automatic blind landing can be realized, greatly improving flight safety and airport operation efficiency. By effectively combining the Beidou satellite navigation system with other systems, it will provide more security for air transportation.

  Emergency rescue: Satellite navigation has been widely used in search and rescue in deserts, mountainous areas, oceans and other sparsely populated areas. In the event of major disasters such as earthquakes and floods, the key to successful rescue lies in timely understanding of the disaster situation and quickly reaching the rescue site. In addition to navigation and positioning, the Beidou satellite navigation system also has the function of short message communication. Through satellite navigation end point equipment, it can timely report the location and disaster situation, effectively shorten the rescue and search time, improve the timeliness of rescue and disaster relief, and greatly reduce the loss of people’s lives and property.

  (The picture in this article comes from the official website of Beidou Satellite Navigation System)

Onlookers! A wave of holiday pictures is coming, let’s see if you took any pictures?

The Mid-Autumn Festival and National Day holidays have ended.

The working mode is turned on.

How did you spend this holiday?

Have you ever eaten an unforgettable meal?

Take a picture of the unforgettable early autumn scenery!

Previously, iJinshan released a "Post the beautiful holiday photos you took in Jinshan" collection, and netizens submitted articles one after another to post the beautiful photos they took during the holidays. The editor selected a total of 10 beautiful pictures. Let’s enjoy their works and stories together!

The earth’s skin hasn’t turned red yet, but tourists are still like weaves.

Location: Blossom at Sea

Author: R.L.

Enter the autumn day like the palette is overturned.

Location: Blossom at Sea

Author: Ye Zi Suiu

The beach is a sea of people, and all kinds of water sports make me have a lot of fun! Surfing, beach volleyball, and super cute sand sculpture exhibitions. Enjoy the sun and waves with a group of friends and make good memories. Various food stalls, filling the stomach and filling the mood.

Location: Jinshan City Beach

Author: gwj

Street lighting.

Location: Gate 5, Jinshan City Beach, Mengshan Road

Author: ang_ Trade

Thousands of fireworks are like the capital city, and the Yuan room used to make a big profit. Estimates are full of customers, and the human name is Xiao Linqing so far.

Location: Blossom at Sea

Author: Christo

This journey has made me realize more clearly that Jinshan is moving forward with a drive to make life better for Jinshan people and to make everyone feel the beauty of Jinshan!

Venue: Jinshan District Planning Exhibition Center

Author: Late Drunk Evil

The whole place of Fengjing Ancient Town exudes a charming tranquility and beauty. I am full of yearning for this because it brings me a unique feeling beyond the hustle and bustle of the city.

I was intoxicated by the flowing water on the small bridge in the ancient town. As I strolled on the old stone bridge and walked along the water bank, the clear water murmured softly, contrasting with the reflection under the bridge. The sight made me feel a pleasure in living in harmony with nature, as if time had slowed down here. And I was also attracted by the unique atmosphere of life in the ancient town.

Walking through the narrow stone streets, I saw many exquisite traditional buildings that carried the history and culture of the ancient town. Snack stalls exuded an alluring aroma, and art and handicraft shops displayed exquisite handicrafts. All this brought me an ancient and warm feeling, which made me deeply love this town.

For me, the ancient town brings a sense of tranquility and relaxation. Here, I can escape the hustle and bustle of the city and immerse myself in nature and culture. Every scenery makes me feel refreshed, every detail makes me feel warm. This sense of tranquility makes me feel as if I have traveled through time and space, back to a peaceful and ancient era. Fengjing Ancient Town is not only a picturesque place, but also a beautiful place to soothe the the heart and purify the mind. I am so moved that every moment left behind becomes a part of my beautiful memories.

Location: Fengjing Ancient Town

Author: Safe in and out

Record different beauty.

Location: Jiugong Road

Author: ten

The sun shines on the lake in the water nest scenic area of Caojing, reflecting a large area of broken gold luster, and the boat floats in it, like a light white bird. I can’t help but take my mobile phone to record the green trees and vines along the coast, the beautiful flowers and grass, the simple buildings that are scattered, and the vastness and magnificence of "water and sky", and my heart gradually brightens.

Green water and green mountains are Jinshan Yinshan, Jinshan is beautiful as the base color, holding the brush of rural revitalization, and outlining a beautiful vision of beautiful countryside and happy life.

Location: Caojing Shuihao Scenic Area

Author: Soft Heart Moon Egg

The teaching building is bright and dignified, the desks and chairs are neat, the sports field is clean, the parking lot is empty, the camphor trees are lush, and the birds are twittering. Autumn is crisp, the country is peaceful and the people are safe!

Location: Zhangyan No.2 Middle School

Author: Jade Flute Flying Sound

Editors | Chen Weiting, Pantene

Less than 140,000, behind the Galaxy L7 "bottom fishing": Geely is "doing the hard and right thing"

The "Galaxy Offensive" is playing out strongly in China’s electric hybrid market.

On May 31st, after Geely Galaxy L7 was listed at the "shock price" of 138,700 – 173,700, on June 5th, Geely Galaxy welcomed the full opening of "100 cities and 100 stores". From the comprehensive refresh of products to services, Geely’s all-round "Galaxy Offensive" without dead ends has brought a strong "Galaxy Shock" to the Chinese electric hybrid market.

"We’re going to do the hard and right thing."

This is a sentence that was repeatedly emphasized in media interviews by Fan Junyi, general manager of Geely Automobile Sales Company, and Yi Xinyu, executive vice president of Geely Brand Research Institute of Geely Automobile Group, after the listing of Geely Galaxy L7 on May 31.

As far as the Galaxy L7 model is concerned, it is indeed "difficult and correct". Its "difficult" lies in the high standards in vehicle manufacturing, as well as the timing and pricing of entering the market. However, these "difficulties" also make the Galaxy L7 "incomparably correct".

Let’s talk about the price first, the official guide price of Geely Galaxy L7 is 138,700 – 173,700, if used with "2,000 yuan to 6,000 yuan expansion gift", the price can even be as low as 134,700 – 169,700.

Giving such a "bottom fishing" price is really difficult for Geely. After all, the ultra-high product power of the Galaxy L7 is visible to the naked eye. Its entire system is equipped with "Raytheon Electric Hybrid 8848", the new "Galaxy NOS", and Qualcomm Snapdragon 8155 car chips… These standard features make this pricing almost unprofitable.

Of course, this price is not only "difficult" for Geely itself, but also makes the competition in the entire hybrid car market segment more difficult.

Don’t forget, Galaxy L7 in this market segment, with the guide price 135,800 – 165,800 BYD Song Pro DM-i and the guide price 139,800 – 156,800 Haval Xiaolong these two direct competitors. Fan Junyi admitted that until the day before the listing to finalize the price strategy fully considered the future competitors may "fight back".

In the eyes of Kung Fu Automobile, behind the "bold" pricing of Geely Galaxy L7, what is needed is to "come first" in the electric hybrid market, and at the same time, it is also a concentrated embodiment of implementing its own "value war".

As Fan Junyi said"Galaxy L7 is determined to become the first camp of domestic electric hybrid SUVs."

(1) "High-value" product strength is the core competitiveness

Those who are familiar with Geely must know that in many sub-sectors in the past, Geely was "late mover" most of the time, but Geely was able to "come later and come first" most of the time. Geely’s secret is to create high-value products that users can perceive.

From the early Emgrand, to Borui and Boyue in the 3.0 era, and then to the "China Star" in the 4.0 era. Today, as the first model of the new series, the Galaxy L7 is still the same. Including "Thor Electric Hybrid 8848", "Pamper Co-pilot", "Qualcomm Snapdragon 8155" and so on, basically most of the technologies and configurations we can hear at the Galaxy brand launch can be seen in this Galaxy L7 starting at less than 140,000.

When asked what it is better than its direct competitors, Fan Junyi said that Geely will not take the initiative to attack others, but will only talk about its own good side. He believes that as long as these are clarified, consumers will naturally pay.

"What kind of things can make consumers pay, I want to talk about a few points:

First, in terms of super electric mixtures, only Geely has three gears on the market at present;

Second, in terms of safety, acupuncture is only the entry standard for SHIELD batteries. In addition to acupuncture, whether you pack a whole package or assemble it into a whole vehicle, this set of safety system standards is Geely’s confidence;

Third, the smart cockpit is equipped with a flagship 8155 chip + Galaxy N OS system as standard, which not only provides a smooth interactive experience, but also supports global customization.

Fourth, enjoy the experience, the only electric hybrid SUV in the same class equipped with "pet co-pilot". They don’t have any of the points I just mentioned. "Fan Junyi said.

In the eyes of Kung Fu Motors, Geely has never been stingy in affirming the value of the Galaxy L7. Whether at the press conference or in official materials, Geely has repeatedly mentioned that the Galaxy L7 is currently the safest electric hybrid SUV, and it is also the only product on the market that maximizes the advantages of plug-in hybrid SUVs.

But to achieve the ultimate product experience, it is easy to say, but very difficult to do. Take the safety of power batteries as an example, Galaxy L7 has passed various extreme tests to perfectly demonstrate the characteristics of Aegis batteries. For example, the battery acupuncture experiment that friendly brands are very much looking at is just the beginning on Aegis batteries.

In addition, Aegis batteries have also undergone various tests that far exceed industry standards. For example, seawater immersion tests, external fire tests, etc., Aegis batteries are tested to standards that far exceed national regulations.

"We went to the most authoritative crash testing agency in China, the China Automotive Research and Automotive Safety Technology Center, to conduct four vehicle-level battery safety tests, and successfully passed the vehicle speed 40km/h forward scraping bottom, the vehicle speed 7km/h rear scraping bottom, the vehicle 20km/h negative impact and the vehicle bottom support four vehicle-level battery safety tests." Fan Junyi said that in the process of communicating with users, Geely found that many scraping bottom can cause new energy vehicles to overheat.

"In the era of fuel vehicles, there are many criteria for judging a good car, such as driving control, power, chassis, acceleration, etc. In the era of new energy, where are the criteria for judging a good car? There is no standard answer in the industry. Geely Galaxy’s requirements for itself are to achieve the ultimate in battery safety, power performance, comfort configuration and intelligent enjoyment!" Fan Junyi said.

(2) The "car builder" revolves around the user

Looking at the ultimate product strength of the Galaxy L7, it is not difficult to find a detail, that is, whether it is the test of the Aegis battery or the various configurations of the Galaxy L7, it is inseparable from the four words "user communication".

Yi Xinyu believes that:"The word’car builder ‘is the highest name in the automotive industry. In fact, a car builder is to do the difficult and correct thing and revolve around the user."

In fact, before the launch of the Galaxy L7, Fan Junyi personally led the sales team to visit many cities across the country to conduct user research: "From the development of colors, the selection of configurations, to the locking of interior colors, and the final pricing, we have all referred to user suggestions."

Fan Junyi said that in terms of safety and quality, the reason why Geely dares to say that the Galaxy L7 has reached the industry benchmark is because Geely itself has the four hard core strengths of "car builders". The first is the strict control of first-class quality; the second is the perfect intelligent manufacturing system; the third is the strong technical reserve and research and development heritage; and the fourth is the in-depth understanding of users and the market.

In this context, Geely relies on the four hardcore strengths of the "car builder" to create a "new generation" user experience in four aspects of the Galaxy L7. In Fan Junyi’s words, it can be summed up as: a new generation of safety standards, a new generation of super hybrid, a new generation of smart cockpit and a new generation of comfortable experience.

"What we want to do is to popularize the super electric hybrid smart SUV. Since it is a popularizer, I will definitely come with sincerity."Fan Junyi believes that the ultimate product experience brings users high user value, and this is the "difficult and correct thing".

According to the plan, Geely Galaxy, which specializes in high-value new energy product series, plans to launch a number of products in the second half of this year. The Galaxy series will open up a new situation for Geely in the new energy battlefield.

Fan Junyi said that Galaxy focuses on high-value new energy vehicles. It is divided into "intelligent electric hybrid L series" and "intelligent pure electric E series", focusing on the most mainstream new energy market of 20-300,000, and aims to become the benchmark of various market segments.

Fan Junyi also revealed that in the second half of this year, Galaxy has two more products on the market, among which the electric hybrid product is the sedan L6, and the L6 has its own characteristics, is a high-value product, and is also highly intelligent. The third product is the E8, and the prototype car is Galaxy Light, which will be launched in the fourth quarter of this year.

"So in the second half of this year, the Galaxy series has an electric hybrid SUV, an electric hybrid car, and a mid-to-high-end pure electric product. The future of the entire Galaxy is promising, and the sales volume is predictable. It can also drive the proportion of the entire Geely new energy to increase, and drive the entire Geely system to be completely new and take a solid step." Fan Junyi said.

In addition to the formation of the "Galaxy Fleet" at the product level, the "Geely Galaxy 100 Cities 100 Stores" that have just opened one after another will also accelerate the transformation and upgrading of the user experience and after-sales services of new energy products. In terms of the number of channels, Geely Galaxy has planned 650 to 700 across the country. At present, nearly 200 have been formed and completed. By the end of June, there will be nearly 400, 200 experience stores, and 200 display spaces.

"The future price war must not be the final way out, it must be a value war, an experience war, and a service war. When we say comprehensive innovation, we not only mean the comprehensive innovation of Geely manufacturers, but also drive Geely dealers to carry out comprehensive innovation. The improvement of user experience is the core competitiveness of the future."Fan Junyi said that with the refresh of user experience as the center, Geely Galaxy will comprehensively innovate in channel management and operation, and make user satisfaction the standard of Geely Galaxy with "a new generation of channel ecology, a new generation of service standards, and a new generation of user experience"!

(3) Kung Fu shooting

It’s hard to give users high-value products that "want, want, and want" at a starting price of less than 140,000. But Geely Galaxy, which has plunged into the "narrow gate", has done it. This is the right thing, so that Geely, the latecomer of the electric hybrid track, has the voice over the rules.

As Fan Junyi said, "What Geely has to do is to accomplish the whole task at one stroke on the road of new energy, take the most difficult road, do the most correct thing, and become the best choice for users."

Jackie Chan exposes his 5-year new film plan, Cai Mingliang intends to invite Andy Lau to film

    Movie Network News On the evening of November 23rd, the 50th Taiwan Film Golden Horse Awards were announced in Taipei, and various awards were won. Jackie Chan and Cheng Jiaban won the Best Action Design Award, and he smiled when he won the Golden Horse, revealing his film plan within five years. Cai Mingliang won the Best Director Award, and his favorite Li Kangsheng was also named the Best Actor. Both were recognized by the Golden Horse, and Cai Mingliang also laughed that Andy Lau could also make his own plays.

Cai Mingliang: Andy Lau can also film my play

    Previously, Cai Mingliang’s new film won the grand prize of the 70th Venice International Film Festival, and this time he won two heavyweight awards at the awards ceremony at his doorstep. He sighed with a lot of emotion, "It’s not easy. With a sense of glory, I’m not so excited to win awards abroad." At this point, he choked up, saying that his film has finally been recognized by Taiwanese audiences, and years of hard work have not been in vain.

    After Cai Mingliang got the best director, he said that if Li Kangsheng missed the best actor, he would give him the trophy. Fortunately, in the end, his love will become emperor as he wished. Cai Mingliang finally breathed a sigh of relief and said with a smile that it may not be just for Li Kangsheng in the future.

Jackie Chan: I will be very busy in the next five or six years

    20 years ago, Jackie Chan won the Golden Horse Award for Best Actor twice in a row. This time, he was shortlisted for the Best Action Design Award for "Zodiac". After successfully winning the Golden Horse Award, he bluntly said that making action movies is more fulfilling, "Every time there is a nomination for the Golden Horse, I will come. This award is the highest award as an action director. The actor may not be happy with this, but I am very happy because the martial finger can be accepted by others." Jackie Chan said that in fact, he did not like making literary films at all. "When I was young, I didn’t like literary films. I either cried or laughed. When I was filming, I cried for a day. Er Dongsheng asked me to cry, then cry, and then click. I would rather go to the jumping scene."

    Although Jackie Chan said that "Zodiac" is his last big action movie, but the next part of Jackie Chan’s play is actually quite a lot of action, "I will shoot" Cross-Border Tracking "soon, and then Li Rengang is" Soldiers from the Sky ", and Zhang Yimou’s new film, I will be busy in the next five or six years." He also revealed that "Cross-Border Tracking" will be filmed in the United States, Mongolia, Sichuan, China and many other places.

Li XuejianWhat is it?Feng XiaogangInvited me ten years ago

    The competition for the best supporting actor is also very fierce. Li Xuejian defeated Huang Bo, Tong Dawei and others to win the trophy. At the age of 59, he bluntly said that he likes "the little golden horse". "I like the little golden horse from the bottom of my heart, because I am a horse, which is a mascot and fate. I have liked horses since I was a child, and my original wish was to be a cavalry, but later when I was shot, I was thrown by a horse, so I didn’t dare to ride a horse." Li Xuejian also said that he wanted to put the trophy in "the most beloved place." When asked where it was, he gestured with his hand and signaled to keep it in his heart.

    This time, with his performance in China, Li Xuejian won the trophy. He revealed that the director Feng Xiaogang had actually found himself ten years ago and starred in the role of Li Peiji. "He (referring to Feng Xiaogang) prepared this play more than ten years ago, but he has not approved it. He found me ten years ago, and after four or five years, he was not allowed to shoot.

Chen ZheyiWhat is it?The mainland has been submitted for trial

    The Singaporean film "Mom and Dad Away" was the biggest dark horse at the Golden Horse Awards this year, winning four awards for Best Feature Film, Best New Director, Best Supporting Actress, and Best Original Screenplay in one fell swoop. Director and screenwriter Chen Zheyi was only 29 years old this year, and he was soft-hearted when he won the award. "I just came here to shake hands with Ang Lee, but I still didn’t dare." He also said that he was dumbfounded to be shortlisted this time, and the other four competitors for Best Feature Film are very strong, compared to his own film, which is too "petite". "Golden Horse is so kind to me, how can I get so much? There will be pressure."

    Chen Zheyi revealed that "Mom and Dad are not at home" was filmed in Singapore for three years, and his wife went to school in London. During this period, she ran from both ends, and the cost was not small in addition to hard work. "I flew there once, and my directing fee was gone, and I was very poor. I got married at the age of 25, and now I have been married for 4 years. My wife said that there are still 3 years, and after 3 years, you have to earn a little money, or you will give up [making movies]."

    In addition, Chen Zheyi also revealed that the copyright of "Mom and Dad Are Not at Home" in the mainland has been sold and has entered the stage of review, but whether it can be released is still unknown.

How Nongfu Spring Achieved a Mineral Water Empire

  In 2024, the Hurun Rich List and the New Fortune 500 Rich List were released. Zhong Shanyuan, the founder of Nongfu Spring, once again topped the throne of China’s richest man with a total wealth of 450 billion yuan and a shareholding market value of 456.27 billion yuan. This is also his fourth consecutive title as China’s richest man. Mineral water is a traditional industry with intense competition and meager profits, but Nongfu Spring has achieved a hundred billion empire on such a track. What is the mystery?

  High gross margin and ROE lay a solid foundation for Nongfu Spring

  Despite the fierce competition in the mineral water industry, Nongfu Spring has an advantage among its peers due to its high gross profit margin and return on assets. The company’s net profit margin on sales in 2023 is as high as 28.15%, ranking among the best in the consumer goods industry, surpassing international giants such as Coca-Cola. At the same time, Nongfu Spring’s average ROE from 2019 to 2023 is 41.14%, and it will reach a high of 45.88% in 2023. This is mainly due to the company’s outstanding performance in supply chain management and cost control. Taking 2019 as an example, Nongfu Spring’s ability to control the cost of raw materials and packaging materials, logistics and transportation is significantly better than that of its peers, laying a solid foundation for high profit margins. Excellent profitability provides a guarantee for Nongfu Spring’s continuous and stable cash flow, and accumulates abundant capital for subsequent development.

  All-category layout and innovation empower Nongfu Spring to develop incremental markets

  The success of Nongfu Spring in recent years also lies in the industrial layout of all categories of beverages and the ability to cultivate new brands. In 2023, the company’s beverage business revenue accounted for more than mineral water for the first time, reaching 49.5%. Tea beverages, functional beverages, fruit juices and other categories together contributed more than 20 billion yuan in revenue. The matrix strategy across 17 brands and multiple categories has allowed Nongfu Spring to gain more incremental space outside the saturated mineral water market. Taking the tea drink "Oriental Leaves" as an example, the company has turned this "hardest drink" into a star product with 12.66 billion yuan in revenue, becoming the second growth curve after mineral water. With the support of innovative research and development capabilities, Nongfu Spring has continuously introduced new products, such as 100% tomato juice and 100% carrot mixed fruit and vegetable juice, to attract consumers’ attention with differentiated plant protein drinks.

  The huge sales network and superior water sources are the moat of Nongfu Spring

  Why can Nongfu Spring remain invincible in the fierce competition? In addition to the above factors, strong channel network coverage and high-quality water source endowment are the company’s core competitiveness that is difficult to replicate. In 2022, the company has more than 4,500 distributors, through which its products will be covered to more than 2.37 million end point retail outlets across the country. At the same time, the company’s high-quality water resources in Zhejiang Qiandao Lake, Jilin (), Hubei Danjiangkou and other places not only provide unique conditions for the production of Nongfu Spring high-end mineral water, but also bring synergy effect to the supply chain system of other beverage products, reducing comprehensive operating costs. With high-quality water sources and integrated operation from source to end point, Nongfu Spring has built an insurmountable moat in the industry competition.

  After going public in 2020, Nongfu Spring handed over a bright transcript: a cumulative net profit of 33 billion yuan and a cash dividend of 23.10 billion yuan for three consecutive years. In the first two years of listing in Hong Kong, the company’s market value once rose to 750 billion yuan. Although it has since fallen back, it has stabilized in the 450 billion-500 billion yuan range. The price-to-earnings ratio in 2023 is 33 times, which is favored by Huatai Securities. It is given a valuation of 38 times, corresponding to a total market value of 459 billion yuan. This valuation reflects the capital markets’ affirmation of Nongfu Spring’s status as a "mineral water empire". Under the influence of external uncertainties such as brand crisis and market fluctuations, Nongfu Spring’s mature public relations and innovation capabilities have allowed it to move forward steadily and continuously consolidate its leading position in the industry. Zhong Shanyuan has achieved the pinnacle of mineral water, a traditional industry, and achieved the business legend of the era that belongs to Nongfu Spring.

From Sun Yaowei to Wu Mengda, why did "Fighting Demons in Chang’an" attract so many "old faces"?

After watching the movie "Changan Fighting Demons", some audience members exclaimed: "My God! My youth is back! Why are so many familiar faces and old faces appearing one by one." The main content of the movie’s story is what the title tells everyone – in Changan City, Changan goes to fend off demons. Li Changan, the little chef who accidentally got the artifact, finally saved the people of Changan City after continuous struggle and test.

The actor who plays the male lead, Li Changan, is the actor Bao Jianfeng, whom the audience has not seen for a long time. Speaking of this handsome and handsome actor, it is rare that he has ever starred in any film and television dramas. Previously, he has also starred in many classics that impressed many audiences in their childhood, such as "The Supreme Beauty" and "See Another Curtain of Dreams". Although he only starred as the second male in these dramas, his appearance has always been very online, which does not prevent him from becoming one of the childhood memories of the audience.

There is also Sun Yaowei, who played the villain, who was once recognized by the Hong Kong media as one of the four little kings. "Oolong Breaking Through Love" and "Princess Huaiyu" are also precious childhood memories for many people. In addition, there are veteran actors such as Luo Jiaying and Wu Mengda, who do not need to list their works. As soon as they see their faces, the audience will understand them all.

This made one wonder why this movie attracted so many veteran actors.

The first reason is that one of the directors of this film is Li Lichi, who has worked with Zhou Xingchi many times. His films such as "King of Comedy", "God of Cookery", "Shaolin Football", "Tang Bohu Dian Qiuxiang" and "Domestic Lingling Paint" are all well received and well received. Therefore, we are not at all surprised that there are supporting roles in Chow Xingchi’s previous films, such as Wu Mengda’s appearance.

Secondly, it is because the characters in the script can attract them and make them feel that the role is tailor-made for them, or that the role is an experience they have never had before, that they are willing to play.

Take the nearly 70-year-old Wu Mengda, Uncle Da, for example, the character he plays is willing to self-destruct his cultivation for the common people in the end, thus saving the world. Such a profound sense of human nature cannot be easily brought to the audience, but only Uncle Da plays, the audience can feel full of true feelings. When Wu Mengda appears in the movie, it is still what we remember. It seems that he is an old demon suppressor with profound Taoism, who has "exquisite" words and deeds, and eating a shabu meat hot pot is also different, but occasionally he will drop the chain, resulting in a series of laughs, and finally played a decisive role at a critical moment. Although it is Wu Mengda’s usual routine and setting, it still reminds the audience of the memories of that year. Sure enough, a classic is a classic, and only Uncle Da can bring us this feeling.

Of course, in addition to the supporting role blessed by Wu Mengda, which brought the audience a sincere humanity, this movie is a rare plot in which the protagonist hangs up at the end. The heroine committed suicide for love, sacrificed herself, and sacrificed everything for peace. The movie goes smoothly, and the protagonist sacrifices himself naturally as the plot develops. Compared with the cheap means of forcibly earning tears, it reflects the depth of human nature that the screenwriter pays attention to when polishing the script.

Li Changan, the male protagonist who can make the heroine willing to sacrifice himself for love, is an ordinary little chef. For love, he became a demon suppressor under various coincidences, and wanted to prove himself. Such characters can be seen everywhere in the Jin Yong film and television dramas we have seen before. The little character wears the protagonist’s halo, takes the golden finger, and has been hanging all the way since then, constantly upgrading and fighting monsters, and finally laying down the boss, marrying Bai Fumei, and reaching the peak of life. Although such stories are old-fashioned, but in good conscience, the audience sometimes likes such stories. After all, the Chinese New Year is approaching, and no one wants to add blockages to their hearts. This is the plot that everyone likes to hear.

Moreover, this did not mean that the male protagonist was really useless, relying entirely on the protagonist’s aura. In fact, many times the male protagonist’s meticulous intelligence was hidden in every corner of the plot, laying the groundwork for his future success, and it would not make people feel that he could become the "only" to save the world.

For many audiences, some old actors are indeed no longer seen. Now that they can come out and make a new movie, it is nothing more than allowing them to meet the characters and books that really suit them, so that they have the opportunity to show their faces. Therefore, audiences who want to relive their old dreams can try to see if this movie can still bring back the feeling they once remembered. Text/Moon Arc

Evergrande Real Estate will hold a "20 Evergrande 05" bondholders meeting

Beijing News (Reporter Zhang Jian) October 16, Hengda Real Estate Group Co., Ltd. (referred to as "Hengda Real Estate") announced that according to the "Prospectus" and "Bondholders Meeting Rules", related matters trigger the conditions for the company’s bondholders meeting. The company will hold the "20 Hengda 05" corporate bondholders meeting from October 18 to October 19.

The announcement shows that the proposals to be considered at the above meeting include "Proposal on Changing the Relevant Time of the Bondholders’ Meeting" and "Proposal on Adjusting the Principal and Interest Repayment Arrangement of" 20 Evergrande 05 "Bonds".

According to public information, Hengda Real Estate completed the issuance of "20 Hengda 05" on October 19, 2020, with an issuance scale of 2.10 billion yuan, a coupon rate of 5.80%, a bond term of 5 years, with an option for the issuer’s coupon rate at the end of the third year and an option for investors to sell back.

Editor, Wu Xin

Proofreading, Liu Jun

Company Frontline | Changan Automobile Theme Key Points Adjustment and Update

  () F10 data shows that on August 24, 2022 () the main points of the theme have been updated and adjusted:

  Proposed increase of $1.169 billion to Avita

  In August 2022, in order to enhance its core competitiveness, strengthen the coordination of industrial chain resources, and accelerate the development of intelligent electric vehicle (SEV) business, Avita Technology, an associate of the company, introduced investors in the Chongqing United Equity Exchange by way of public listing and expansion. Six investors were finally identified. The original shareholders of Avita Technology, Southern Industrial Fund, (), Fujian Mindong, Jiangxi Securities, Chongqing Cheng’an, and NIO waived the right of first refusal. Avita Technology has signed relevant strategic cooperation agreements with the above-mentioned new investors, and plans to carry out strategic cooperation in the fields of sales network support, chip supply guarantee and visual image perception, and intelligent cockpit development to further strengthen the advantages of industrial chain resources. Avita Technology plans to increase its registered capital by 472,241,200 yuan, and Changan Automobile plans to increase its capital by 116,900 yuan. After the completion of this capital increase, the proportion of Avita Technology’s shares held by the company will increase from 39.02% to 40.99%. It is still a joint venture of the company and will continue to be accounted for using the equity method. Based on the financial data of Avita Technology on March 31, 2022, this transaction is expected to reduce the company’s capital reserve by about 100 million yuan, which will not affect the company’s profit and loss.

  High-end intelligent electric vehicle brand

  The LUMIN released by the company interprets the new generation of "national boutique scooter" through good-looking appearance, safe configuration and comfortable driving experience. The upcoming C385 is the first mass-produced model of Changan’s new pure electric platform. It realizes soft and hard coupling with forward-looking styling and intelligent technology to meet the needs of users in all scenarios. The company and its partners join hands to deepen cooperation and win-win future, and join hands with Huawei and Ningde Times to release a new high-end intelligent electric vehicle brand – Avita, debuting the first model Avita 11. In 2022, Changan high-end brand Avita will launch the first high-end intelligent electric SUV, dedicated to meeting the needs of automobile consumption upgrade and promoting the transformation of intelligent electric vehicles. It will create leading products from six aspects: styling design, battery life and performance, fast charging, intelligent driving, emotional intelligence and smart ecology.

  UNI series, CS series new products

  In 2022, the company released three products of the UNI series. The UNI-V has restored the concept design of the coupe, equipped with the unique electric rear wing of the same class, electric hatchback door, large-size sports tires, and equipped with a new UNI smart driving cabin, high-level intelligent driver assistance system and APA6.0 remote intelligent parking. It aims to give users a unique sense of advanced sports and future technology, redefining "DREAMCAR for young people". The listed UNI-KiDD is the company’s first mass-produced model equipped with the Blue Whale iDD hybrid system. Under NEDC conditions, the pure electric cruising range is 130 kilometers, and it is also equipped with a wealth of intelligent technology configurations to meet the needs of users in a variety of vehicle scenarios. In the second half of the year, another hybrid model will be launched to deepen the hybrid market segment, strengthen its occupation, and accelerate the transition to electrification and electrification. The company’s listed second-generation CS75PLUS is equipped with a new generation of Blue Whale engines, all Aisin 8AT, and is equipped with intelligent W-HUD, IMS intelligent interaction system, APA5.0 remote control valet parking system, IACC full-speed intelligent cruise system, 12.3-inch dual screen and other fully upgraded tomorrow’s intelligence, bringing strong power experience and intelligent travel companionship, dedicated to meeting users’ core demands for compact SUVs. It is expected that two CS series models will be launched in the second half of 2022, which will be continuously optimized through internal and external accessories, performance improvement and intelligent technology configuration upgrades to enhance product competitiveness.

  The subsidiary plans to introduce capital increase entities such as Ningde Times

  In November 2021, Avita Technology, a subsidiary of the company, took the asset appraisal report as the basis for pricing, and introduced Ningde Times, Fujian Mindong, Chongqing Chengan, two Jiangxi certificates, Southern Assets, and Southern Industrial Fund as the investment entities of this capital increase and share expansion to participate in the capital increase, and Changan Automobile participated in the capital increase by non-public agreement. The capital increase and share expansion will be carried out in cash, and Changan Automobile plans to increase its capital by 50 million yuan (waiving the right to increase the capital in the same proportion). CATL plans to increase its capital by 769.6 million yuan. After the completion of this capital increase, the registered capital of Avita Technology Company will increase from 288 million yuan to 117,222.26 million yuan. Changan Automobile’s shareholding ratio will be diluted from 95.38% to 39.02%. CATL holds 23.99%. Fujian Mindong holds 5.00%. Chongqing Chengan holds 19.01%. Two Jiangxi Securities hold 1.87%. Southern Assets holds 8.73%. Southern Industrial Fund holds 1.25%. Nio Co., Ltd. (referred to as "NIO") did not participate in the capital increase, and the shareholding ratio will be diluted from 4.62% to 1.13%. Avita Technology Company is committed to building China’s independent high-end national brand and realizing its industrialization. In order to enhance development vitality, improve operational efficiency, accelerate the integration of new energy vehicle industry chain resources, and continuously expand the development space of the industry chain, this capital increase and share expansion involves the introduction of external resources for equity diversification reform, and ultimately realizes the smooth transformation of Avita Technology Company.

  Smart driving and vehicles to everything

  The company continues to build intelligent products with leading performance, and the "Beidou Tianshu" plan has been effectively implemented. In 2021, the APA 6.0 remote intelligent parking system will be released, which supports automatic location finding within a range of 30m, remote parking is controlled through mobile phones, and the parking accuracy of small parking spaces has reached the industry’s leading level. Mass-produced AR navigation, four-screen linkage, gesture control, track mode, intelligent welcome and escort, and more than ten industry-leading smart cockpit and intelligent vehicle control functions will bring users an excellent car experience. At the same time, Changan accelerated the construction of intelligent core capabilities of "core device map nuclear cloud network day", established a forward-looking technology research institute to carry out cutting-edge technology research such as chip design, crowdsourced maps, artificial intelligence, etc., and built a Changan automobile intelligent computing center to support intelligent driving and vehicle to everything services. On this basis, the first Changan Automotive Science and Technology Ecological Conference was held, and together with industry partners, the next generation of intelligent vehicle super digital platform SDA will be the first to realize the service-oriented central ring network architecture in 2023.

  Cooperate with Huawei, Ningde Times, etc. to build smart car brands

  On November 14, 2020, the company released the "Changan Changan – Changan Automobile Brand Day" activity on the CCTV financial channel. Changan Automobile, Huawei, and Ningde Times announced that they would jointly build a high-end smart car brand and publicly release the intelligent architecture "Ark Architecture" for the first time.

  Intelligent innovation

  Changan Automobile has released its intelligent strategy – "Beidou Tianshu" plan, which aims to transform from a traditional automobile manufacturing enterprise to an intelligent travel technology company. With the "4 1" action plan as the driving force, it has opened a new chapter in the transformation of Changan Automobile. Cooperate with Tencent, Huawei, (), etc., to build an intelligent automobile industry alliance. The new CS75 is launched with APA4.0, achieving the first mass production of L2-level intelligent driving in China; the L3-level limited autonomous driving technology has been engineered and entered mass production development. 55 new CS55s are equipped with L3-level autonomous driving technology, completing the world’s "largest autonomous vehicle cruise" and successfully challenging the Guinness World Record. L4-level autonomous driving has achieved the first demonstration operation in China and is in the leading position in the industry.

  Entering the automotive aftermarket

  Chongqing Changan Automobile joint stock company, Jilin Province Long-term Industrial Group Co., Ltd., and Nanjing Runli Automotive Parts Co., Ltd. have jointly signed the second brand spare parts joint venture cooperation agreement to establish a new joint venture company. The joint venture company will bring together the superior resources of brands, customers, supply chain, logistics and distribution channels, and provide quality and cost-effective second brand spare parts products and services to long-aged car owners in a market-oriented mechanism to build an automotive service platform and officially enter the automotive aftermarket.

  Established a shared travel company with Tencent, Alibaba, etc

  The company signed an agreement in Nanjing to jointly invest and establish a Nanjing Linkage Equity Investment Partnership (Limited Partnership) (tentative name, final name shall be subject to the name approved by the Industrial and Commercial Registration Authority, hereinafter referred to as "Linkage Partnership" or "Partnership") with Ning, FAW, Dongfeng, Tencent, Segali, Ali, Wuxi Feiye, Rongxun, Nanjing Hengchuang and Nanjing Linkage Bank, with a total share of 9.76 billion yuan. Among them, Changan Automobile subscribed 1.60 billion yuan. This partnership only invests in travel companies and does not engage in other businesses. The travel company is jointly funded by the three major central enterprise automobile groups and the leading companies in the Internet, finance, retail and other industries. The project aims to create a networked and shared "smart travel new ecology", providing the public with high-quality, high-safety, high-efficiency travel and a more pleasant lifestyle as the starting point, and is committed to becoming the most trusted travel service enterprise in China. While helping Changan Automobile cultivate new kinetic energy and explore new models, the travel company also plays a positive role in stimulating the traditional vehicle business. It will enrich and improve the Changan automobile ecosystem, enhance Product Research & Development, improve the brand power of Changan Automobile, and help Changan Automobile transform and develop.

  Intelligent technology, new energy technology

  Enhanced intelligent labels, APA5.0 with CS75PLUS launched in China, and L4-level autonomous driving based on 5G was put into demonstration operation, becoming the first Chinese brand. The first WeChat car version appeared at the Smart Expo, and joined hands with Tencent to create the "strongest cross-border CP". After 8 years, the global R & D center with a total investment of 4.30 billion was officially put into use, marking the official arrival of the R & D 4.0 era of "open sharing and global collaboration". Significant progress has been made in the financing and development of new energy, and the capital increase and mixed reform of new energy technology companies have been completed. Fuel cell vehicles appeared at the Smart Expo. Release with completely independent intellectual property rights, international first-class, domestic pioneering high-tech products – Changan smart core, fuel cell, battery safety and other core technologies have achieved phased results, new energy technology company UK hydrogen fuel cell technology innovation center inaugurated, the future will focus on hydrogen fuel cell vehicle power system integration and control technology, is building a fuel cell power system platform, new energy products are increasingly abundant, pure electric SUVE-Pro surprise listing, E-Rock debuted at the Guangzhou Auto Show.

  Intelligent Low Carbon Travel Technology Company

  The company’s main business covers the R & D, manufacturing and sales of complete vehicles (including passenger cars, commercial vehicles) and the R & D and production of engines. At the same time, the company actively develops new businesses such as mobile travel, automobile life services, new marketing, and power exchange services, and accelerates the exploration of industrial finance, used cars, and other fields, in order to build a more comprehensive industrial ecology and transform into an intelligent low-carbon travel technology company. The company always adheres to the mission of "leading automobile civilization for the benefit of human life", adhering to the concept of "energy conservation, environmental protection, and technological intelligence", vigorously develops new energy and intelligent vehicles, and is committed to leading automobile civilization with technological innovation, and strives to provide customers with high-quality products and services. After years of development, the company now owns Changan Automobile, Auchan Automobile, Kacheng Automobile and other independent car brands, and produces and sells joint venture brand models through joint ventures Changan Ford and Changan Mazda. It has launched a series of classic independent brand models including CS series, Yidong series, UNI, Auchan series, Shenqi series, etc. The joint venture has a new Focus, Forrest, Ruiji, Explorer, Adventurer, Aviator, Onxella, CX-5, CX-30 and other well-known products. At the same time, it has created Yidong EV, Benben E-star, CS55E-Rock and other new energy models, which are well received by the market and consumers.