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.

Hengchi 5 rushed offline, Hengda returned to blood?

(Text/Zhang Jiadong, Editor/Ma Yuanyuan)

Hengda, the real estate leader at its peak, has suddenly encountered "Waterloo" after the real estate industry was cold last year. As of September this year, 38 of Hengda’s 706 guaranteed real estate projects across the country have not resumed work.

Although Evergrande recently announced that the hearing of its liquidation petition will be postponed until November 2022, the market and Evergrande need good news.

According to Hengda’s official information, on September 16, Hengchi 5, the first model of Hengchi Automobile, was officially mass-produced at the Tianjin factory and began offline delivery in October.

In early 2019, in response to the rising tide of new energy in China, Hengda began to lay out the new energy automobile industry. But at the beginning of its establishment, Hengchi Automobile did not go well. According to the 2020 financial report, "Hengda Automobile", which was renamed from "Hengda Health", had revenue of 15.487 billion yuan that year, but of which revenue such as health care and medical beauty accounted for nearly 99%. New energy vehicle services such as lithium battery sales, technical services, and auto component sales contributed only 1%.

This data is completely different from Hengda’s investment in the new energy automobile industry. According to the management of Hengchi Automobile, as of March 2021, the company’s cumulative investment in the new energy automobile industry has exceeded 47.40 billion yuan. However, Hengchi Automobile has always attributed the company’s losses to the fact that it has not yet entered the mass production delivery period, so it cannot recover the upfront investment cost.

In August 2020, Hengchi released six products at one time, covering all levels from A to D, across the coupe, sedan, SUV, MPV, crossover and other market segments, and simultaneously announced its own layout in power batteries, electric drive systems, intelligent networking and autonomous driving.

Entering 2021, Hengda’s car manufacturing business began to accelerate. In February, Hengchi conducted a three-week winter calibration test in Yakeshi, Hulunbuir, and three new models of Hengchi 7, Hengchi 8, and Hengchi 9 were officially released. In March, Hengchi Automobile announced the establishment of a joint venture with Tencent to jointly develop an in-vehicle intelligent operating system with independent intellectual property rights. On March 25, Hengchi Automobile joined hands with Tencent and Baidu to jointly build the H-SMART OS Hengchi Intelligent Networking System, which took one year and 11 months to develop.

In order to make up for its own gap in the automotive industry, Hengchi Automobile has introduced more than 2,000 international top scientific research talents in three years, established the Global Research Institute and the Global Battery Research Institute. Adopting a global integrated research and development model, introducing international advanced technologies, and working with world-class leaders such as Magna and EDAC to jointly develop models.

If it weren’t for the sudden "rout" in the real estate market, Hengchi Automobile should have started its own marketization road earlier. However, it is precisely because of the collapse of the pillar industry that Hengchi Automobile, as the group’s largest investment in recent years and the project closest to marketization, has been regarded by the outside world as the biggest blood bag for Evergrande to stop losses and recover.

Hengchi 5 Single Rider Savior

In January this year, Hengchi Automobile announced that the first car of Hengchi 5 was officially launched, 12 days earlier than originally planned, becoming the first model of Hengchi Automobile to go into mass production. Half a year later, under the pressure of a broken capital chain, Hengchi Automobile officially announced the news of the pre-sale of Hengchi 5 and began to enter the market.

Now that the mass production of Hengchi 5 is offline in the Tianjin factory, it not only breaks the rumors that the Tianjin factory is shut down, but also pushes Hengchi further into the "examination room".

From full category coverage to three years of sharpening a sword, the birth of Hengchi 5 was accompanied by Hengda’s helplessness in the capital chain, but it also demonstrated Hengda’s emphasis on new energy vehicles.

Three years ago, when Xu Jiayin stepped into the automotive industry from real estate as a "little white", few people were optimistic about the future of Hengchi Automobile. Even if it took only one year to bring six concept cars to the stage, the industry still put words such as lack of heritage and sloppiness on the head of Hengchi Automobile.

However, when Hengchi 5 opened the pre-sale, the car circle has undergone a 180 ° change in the wind evaluation of this car. The pre-sale price of 179,000 yuan; the CLTC comprehensive battery life of 602km; the personalized intelligent cockpit design; the L2 + level intelligent driver assistance system; and the blessing of global leading suppliers such as Magna, EDAK, Bosch, etc., accurately cut into the pure electric SUV market positioning and product performance within 200,000 yuan, all showing the determination of Hengchi Automobile to fire the first shot.

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.

Changan and NIO invest in establishing a new energy vehicle technology company

"Car Market Overview" is a self-media subsidiary of Car Market Story, always focusing on all auto companies at home and abroad.

Recently, we learned from the Qichacha official that on October 20, Avita New Energy Vehicle Technology (Shanghai) Co., Ltd. was established, the legal representative is Ma Xinjie, the registered capital is 10 million yuan, and the business scope includes: auto parts research and development; conference and exhibition services; enterprise management consulting, etc.

Qichacha’s equity penetration shows that the company is 100% controlled by Avita Technology (Chongqing) Co., Ltd., which is a holding company of Changan Automobile (000625) and NIO.

It is worth noting that, according to previous information, Avita Technology will operate completely in the market, operate independently, develop independently, and join hands with Changan Automobile, Huawei, and Ningde Times to create new products. Previously, the expected carrier company for Changan, Huawei, and Ningde Times to jointly build cars is Avita Technology. This new high-end independent brand launched by Changan will run in parallel with the existing Changan brand.

On May 20, 2021, Chongqing Changan Automobile joint stock company (hereinafter referred to as "Changan Automobile" or "Company") holding subsidiary Changan NIO New Energy Vehicle Technology Co., Ltd. has officially changed its name to Avita Technology Co., Ltd. (hereinafter referred to as "Avita Technology"). Avita Technology will be fully market-oriented, operate independently, and develop independently. Together with Changan Automobile, Huawei, and Ningde Times, we will create a world-leading, autonomous and controllable intelligent electric connected vehicle platform (CHN), create a rich range of intelligent vehicle products, and build a "people-car-family" smart life and smart energy ecosystem.

According to the official, the name "Avatar" is taken from the English Avatar, which means virtual avatar in the game or online world. Avatar Technology has given the word a deeper meaning, that is, to create another self in the intelligent parallel world for each user, knowing "you" worries, understanding "you" thinking, and giving "you" what you want. Based on this, Avatar Technology is committed to creating a new generation of intelligent end point beyond the mobile space through future-forward design aesthetics, discreet driving experience and emotional human-machine interaction. Avatar, yourmostemotionalintelligentcompanion.

Avita technology aggregates the superior technologies of Changan Automobile, Huawei and Ningde Times in the fields of R & D and manufacturing, intelligent solutions and energy management ecology, and deeply integrates the strategic resources of the three parties to redefine the future intelligent electric vehicle (SmartElectricVehicle). Huawei will give full play to its ICT technology advantages and jointly build a full value chain of R & D, channels, services, and ecology with Avita Technology to provide users with full-stack smart vehicle solutions and achieve the intelligent level of electric vehicles; Ningde Times, as a power battery provider and new energy solution service provider, empowers Avita Technology with smart electric vehicle power battery technology and jointly creates a safe and convenient energy ecosystem; Changan Automobile will jointly develop the world’s leading intelligent electric connected vehicle platform (CHN) with Avita Technology based on the capabilities of Huawei and Ningde Times.

In fact, the cooperation between Changan and NIO has been in place for nearly 4 years. On April 9, 2017, Changan Automobile and NIO signed a strategic cooperation agreement. Li Bin, founder, chairperson and CEO of NIO, said at the time that the two parties will establish a joint venture company to develop new products (different from JAC’s foundry cooperation). On August 17, 2018, Changan NIO New Energy Vehicle Technology Co., Ltd., a joint venture jointly funded by Changan Automobile and NIO, settled in Nanjing Jiangning Development Zone. Li Bin is the chairperson of Changan NIO, and the vice chairperson is Li Wei, executive vice president of Changan Automobile.

However, since then, the cooperation between Changan and NIO has been delayed. In June 2020, Changan NIO underwent an industrial and commercial change. NIO Li Bin stepped down as the chairperson of the company, and the new chairperson was Tan Benhong, executive vice president of Changan Automobile. Changan Automobile originally held a 50% stake in Changan NIO, but Changan Automobile increased its investment in Changan NIO through cash increases and other means. After the capital increase was completed, Changan Automobile held a total of 95.38% of Changan NIO’s equity, while NIO only held 4.62%. In other words, in the joint venture relationship of Changan NIO, NIO retreated significantly, and Changan Automobile took over.

On November 15, 2020, Changan officially announced that together with two other giants in the automotive industry, Huawei and Ningde Times will jointly create a new high-end smart car brand. In the future, the AB brand will be built based on the CHN architecture (the architecture jointly created by Changan, Huawei, and Ningde Times), and will launch 5 new energy high-end products. The first model may be a high-end pure electric SUV. The product definition of this model is responsible for Changan, equipped with Huawei’s intelligent cockpit platform CDC, autonomous driving domain controller ADC, and some Sandian components.

In the future, AB brand and the existing Changan New Energy will be two independent operating companies, with different product brands and product segments, providing products and services to customers in different market segments. Among them, Changan New Energy is the new energy business bearer of Changan Automobile brand, and AB brand is a high-end intelligent electric vehicle brand jointly created by aggregating the resources of Changan Automobile, Huawei and Ningde Times.

Ask the world’s first full-size flagship SUV M9 debut

  Recently, at the nova 11 series and all-scene new product launch conference, AITO Qinjie M9 made its debut as the finale product. Yu Chengdong, executive director of Huawei, CEO of end point BG, and CEO of intelligent vehicle solutions BU, announced that Qinjie M9 will be officially released in the fourth quarter of 2023.

  Positioning the panoramic smart flagship SUV, the Q-world M9 brings a new family design based on the "ultimate simplicity and purity" design concept of the Q-world series. As a full-size flagship SUV, the Q-world M9 has a comfortable riding space comparable to MPV class, and provides a variety of riding spaces of 3-6 seats. The newly created D-class luxury SUV platform is equipped with an all-aluminum alloy chassis, and all series are standard with air springs and CDC shock absorption systems, bringing better ride comfort and safety. As Huawei’s deeply empowered flagship product, Huawei’s smart car full-stack technology solutions are fully on the bus. On the basis of the double "ceiling" of smart cockpit and smart driving, Huawei’s megapixel smart headlights, HUAWEI AR-HUD, AI big model, sensor federation and other black technologies are all on the bus, bringing the ultimate full-scene intelligent experience.

  "The Wenjie M9 has both the large space of a full-size flagship SUV and the flexible driving experience of a small car. It is equipped with a chassis suspension system that exceeds one million luxury cars. More importantly, it is equipped with Huawei’s most complete smart car full-stack technology solution. It will definitely become the leading work of the Wenjie series, more luxurious than luxury, more technological than technology, and brings users an unprecedented smart car experience!" Yu Chengdong said.

  New family design, the simplicity and purity of Vientiane Unification

  The brand-new family design of the M9 is inspired by a pure skyline, featuring a smart cockpit and comfortable space above the skyline, providing a luxurious experience with a wide field of vision. Beneath the skyline is a brand-new intelligent driving platform, providing an intelligent driving experience.

  The front face shape integrates innovative functions. The new smart lamp module integrates megapixel headlights, ADB (Adaptive High Beam)/AFS (Adaptive Headlight System) lights, starlight digital matrix interaction system and aerodynamic air intake curtain, making complexity simple and unified. The through taillights echo the design of the headlights, forming an All In One design from the front and rear, which is highly recognizable at a glance from 100 meters away.

  Variety of luxury space, comparable to MPV’s driving space

  As a full-size flagship SUV, the Wenjie M9 is 5230mm long and has a wheelbase of 3110mm. Based on the original design intention of six seats, it integrates innovative designs such as flat floors, flexible space changes, and changeable seat modes, allowing SUVs to achieve a variety of luxury space experiences comparable to MPVs.

  The Qinjie M9 realizes the same flat floor as the MPV, with three rows without steps for easy entry and exit; the second row has a larger adjustable range at the front and rear, and the seats of the whole car are provided with electric slides, which can be flexibly adjusted for occupants and luggage, making the ride more spacious and comfortable. The seats of the whole car support electric adjustment, so that every seat is first class, and will also provide a variety of seat modes with 3 | 4 | 5 | 6 seats.

  The new D-class luxury SUV platform, the driving experience of a million luxury cars

  The M9 is based on the new D-class luxury SUV platform, featuring an all-aluminum alloy chassis, an integrated die-cast body, and an aluminum alloy volume accounting for more than 80% of the body. It comes standard with air springs and a CDC shock absorption system, providing a driving experience that exceeds one million luxury cars.

  The M9 is equipped with the world’s largest integrated die-casting rear car body, using the leading 9,000-ton die-casting equipment in China, which greatly enhances the integration of parts and components. The overall body is better, and it has better ride comfort and safety.

  Huawei full-stack technology empowers cars to be smarter

  Huawei’s deeply empowered Q & A M9 is the culmination of innovation, bringing Huawei’s smart car full-stack technology solutions to the car, including Hongmeng Smart Cockpit, Huawei Intelligent Driving, HUAWEI xPixel, HUAWEI AR-HUD, AI Big Model, Sensor Federation, HUAWEI SOUND and other latest black technologies.

  Once the model of the Q & J series was launched, it was called "smart cockpit ceiling" by many users. With the launch of Huawei’s high-end intelligent driving system ADS2.0, the Q & J M5 smart driving version will also become the "smart driving ceiling". The gene of the double intelligent ceiling is further upgraded in the Q & J M9, equipped with the latest HarmonyOS and Huawei ADS, bringing a commonly used intelligent experience.

  HUAWEI xPixel smart lights are on the bus for the first time. With the high definition field of view of megapixels and leading intelligent light control, the lights are not only easy to use, but also safer to illuminate. With the star digital matrix interaction system, the lights are more fun. The original dual-reflection lens digital projection headlights realize ultra-near-field projection, and the Q M9 can create personalized welcome animation and activity space through projection to meet the outdoor entertainment needs of family and friends.

  HUAWEI AR-HUD also landed on the Q-M9 for the first time, with the industry’s highest 2K high definition resolution, can present a 75-inch large frame size display area, and the head is a large visual field. HUAWEI AR-HUD can provide AR safe navigation information that fits the road surface and covers multiple lanes. It also realizes the industry’s first AR-HUD that deeply integrates real scenes and smart driving. Through the intuitive information display that fits the real environment, consumers can see, understand, and trust, making people and cars more secure.

  The M9 is equipped with a multi-screen full scene for the first time, fully equipped with 10 screens, with screen sizes from 16 inches to 100 inches, ready to meet any needs of driving, entertainment, and work, redefining the human-machine interaction of the large screen in the car and creating a revolutionary cockpit experience.

  Located in the center console of the M9, the AI smart crystal integrates light and shadow aesthetics, acoustic technology and AI wisdom. The crystal process is tempered, and Xiaoyi smart assistant is carried in the crystal for the first time. It is more ground-breaking to connect to the AI large model to create the industry’s strongest in-vehicle artificial intelligence experience. At the same time, the crystal is also the treble unit of HUAWEI SOUND. For the first time in the world, the Schroeder scattering acoustic technology commonly used in the opera house is applied in the car to make the sound distribution more uniform and bring a real in-vehicle opera house experience.

  It was also announced at the press conference.The estimated price range of the M9 series is 50-600,000 yuanThe extended range version and pure electric version will be available for pre-order on April 17, 2023. Consumers can book through Huawei Mall to enjoy the corresponding rights and benefits of the reservation, and will be officially released in the fourth quarter of 2023.

  In the era of smart travel, intelligence is the second half of the competition in the smart electric vehicle industry, and it is also the key to winning. The Q-M9 will start the game with its leading product quality, excellent driving experience, and ultimate intelligent experience.

After payment, "Lin Junjie" becomes "Pan Weibai", and a 50% handling fee will be charged for returning concert tickets? Lawyer interpretation

CCTV News(Reporter/Yao Shuting): A few days ago, some consumers complained on social platforms that they were suspected of encountering "bounced tickets" when purchasing Lin Junjie Nanchang concert tickets on a ticketing platform. After payment, they actually changed from Lin Junjie concert tickets to Pan Weibai concert tickets. Consumers immediately applied for a refund, and the refund page showed that 50% of the handling fee was charged.

Xiaojie snapped up tickets for Lin Junjie’s concert on June 2 on the evening of May 6, and entered the ticket purchase interface of Lin Junjie’s concert through the homepage of the platform. After swiping the ticket, she immediately paid without secret. Xiaojie introduced to CCTV News + reporter: "I bought a ticket of 1380 yuan, and Lin Junjie also has this ticket file, so I didn’t find anything abnormal until the payment was completed. But what I didn’t expect was that the message" Successful purchase of Pan Weibai’s concert tickets "popped up after the payment was completed. After finding out that she bought the wrong ticket, Xiaojie immediately applied for a refund. The page showed that the day was already on the 16th day after Pan Weibai’s concert was issued, and the refund fee was 50% of the ticket price. 

Consumer Tang bought Pan Weibai’s concert tickets for 1,180 yuan. She introduced to the "News +" reporter that all personal information had been pre-filled before invoicing. After Lin Junjie’s concert tickets were opened, the hot window on the platform was only Lin Junjie’s ticket purchase interface. Click to enter the ticket purchase interface, and there is no need to fill in other information again. When Ms. Tang received the ticket purchase text message, she found that she had purchased Pan Weibai’s Nanchang concert tickets.

"It’s obviously the first picture of Lin Junjie’s character, but the jump is Pan Weibai’s concert, and the system automatically jumps around. Isn’t this misleading and deceiving consumers?" Consumer Ms. Chen recalled that the evening of May 6 was during the time period for Lin Junjie’s concert to issue tickets, and the ticket purchase interface of Pan Weibai’s concert was in the state of "reservation and purchase", and tickets could not be purchased. Ms. Chen told reporters that many Pan Weibai fans under the relevant Weibo also raised questions: "I can’t get Pan Weibai’s tickets if I want to. How can so many people buy tickets?"

According to media reports, in early 2024, multiple consumers bought tickets for the "Lin Junjie JJ20 World Tour Concert Chengdu Station" concert on the same platform, but after payment, they found that the ticket information was "2024 Lin Zixiang 50 Jian Concert". Due to the approaching performance time, the platform refused to apply for a refund. The ticket buyers questioned the platform’s deliberate "bounce", and the platform denied the system problem, believing that the ticket buyer accidentally "clicked wrong", but agreed to a full refund.

In April 2024, after consumer Xiaoyu purchased tickets for Xu Song’s concert on the platform, he found that the order showed Su Youpeng’s concert tickets. He called customer service to complain unsuccessfully, but still received tickets for Su Youpeng’s concert the next day.

Ms. Chen told reporters that there are currently nearly 70 consumers with the same experience, and some consumers have received text messages from the Nanjing Jianye District Culture and Tourism Bureau after complaining: "Jianye District Culture and Tourism Bureau has contacted the organizer for communication and coordination, and the organizer has agreed to refund the ticket, but the publicity of the handling fee has been reviewed and filed by the Nanchang Public Security Department and cannot be changed without authorization. Moreover, the ticket purchase error was caused by the ticketing platform, and the organizer was not at fault and could not reach a full refund. In view of the failure of mediation, it is recommended that consumers protect their rights through legal channels."

On May 9, some consumers received a text message reply from the platform: Feedback has been confirmed, and full refunds are not supported.

Beijing Yuecheng Law Firm senior partner Yue Yushan said that the main point of the incident is whether the platform has breached the contract or infringed the situation. According to the "Consumer Rights Protection Law of the People’s Republic of China", consumers have the right to choose goods or services independently, and consumers also have the right to know the specific situation of the relevant goods or services. If the platform deliberately sets up a jump link, causing consumers to fail to buy the tickets they want to buy, which has damaged consumers’ right to choose and know, it is an infringement of consumer rights and interests. The platform needs to bear the corresponding responsibility. Once it constitutes fraud, it may have to bear the responsibility of refunding one to three.

According to the September 2023 "Notice of the Ministry of Culture and Tourism and the Ministry of Public Security on Further Strengthening the Standardized Management of Large-scale Commercial Performance Activities and Promoting the Healthy and Orderly Development of the Performance Market", performance organizers should establish a ticket refund mechanism for large-scale performance activities, set a reasonable level of ticket refund fees, and protect the legitimate right of ticket buyers to refund tickets. Yue Yushan mentioned that even if the platform does not deliberately set up "bounce tickets," when consumers buy the wrong ticket or need to refund the ticket, they will directly charge a 50% handling fee, which may not be a reasonable and legal behavior.

Under normal circumstances, consumers rarely take photos and collect evidence in advance when purchasing goods and services, so they face the problem of "providing evidence" when protecting their rights. In this regard, Yue Jiushan introduced that consumers can prove the products and services they plan to buy through the background search records, as well as the final payment records, so as to prove that the final purchase results do not match expectations. At the same time, they should also keep relevant ticket purchase records and payment information. After finding problems, they can first negotiate and communicate with the platform. If the negotiation fails, they can call 12315 to complain, or report and report to the market supervision department, or they can directly file a lawsuit with the people’s court to solve the problem through litigation.

Yue Yushan suggested that when consumers conduct transactions on the Internet, they must determine whether the purchased goods and services are correct. In addition, merchants should operate in good faith during the business process and do not seek improper benefits through other means.

(At the request of the interviewee, all names are pseudonyms.)

"Qingyu Nian 3" official announcement, Zhang Ruoyun joined hands with Li Qin, Tian Yu, Song Yi and other more than 20 leading actors to return

The official announcement of "Qingyu Nian 3" was launched, and the five protagonists were replaced. Yan Bingyun’s corner invited Xiao Zhan again.

"Qingyu Nian" is a series of classics created by screenwriter Wang Tie and director Sun Hao, and jointly created by Zhang Ruoyun, Li Qin, Chen Daoming, Wu Gang, Li Xiaoran, Tian Yu, Song Yi, Guo Qilin and others. The play is adapted from the novel of the same name by Cat Network and has been broadcast in three parts. At present, the first and second parts have already appeared. After the conclusion of "Qingyu Nian 1", news about the second part appeared in just one month, but what no one expected was that the release of "Qingyu Nian 2" made the audience wait for four years. Now, "Qingyu Nian 2" has officially ended, and the news of the third installment also appeared, which led everyone to ask, is this "Qingyu Nian 3" going to be on for three or four years? The answer is not so! "Qingyu Nian 3" was officially launched, and the five protagonists were replaced, and Yan Bingyun invited Xiao Zhan again. As we all know, the reason why "Qingyu Nian 2" was delayed for so long was mainly due to the environmental factors at that time. Not only the play, but many works were delayed because of those three years, but now it is completely different, so the launch of the play should be smooth sailing. Of course, although "Qingyu Nian 3" will soon be put on the schedule as hoped, the selection of actors is still the top priority. After all, this is the key point of a drama, so I will mainly introduce the general list of the drama. In the preparation of "Qingyu Nian 3", almost the vast majority of the lead actors have returned to the filming of the drama, including Zhang Ruoyun, Li Qin, Chen Daoming, Tian Yu, Li Xiaoran, Xin Zhilei, Song Yi, Guo Qilin, Liu Duanduan, Zhang Haowei, Gao Shuguang and more than 20 other actors. In addition to the return of many of the above protagonists, in the cast section of "Qingyu Nian 3", there are also many roles that have changed actors, among which Ye Qingmei, Ye Linger, Yan Bingyun and others are the most eye-catching. Although Ye Qingmei’s role has not appeared many times, it has always been in everyone’s memory, but her stories and legends have always been throughout, especially in "Qingyu Nian 3", so the candidate for this role is about to be screened again. However, it is interesting that most of the news on the Internet about the candidate for Ye Qingmei’s role points to Tang Yixin. As a flower with good looks, acting skills and popularity, Tang Yixin has a lot of faulty works, and it is easy to play a Ye Qingmei. In addition,In "Qingyu Nian 1", the popular male sidekick, Bingyun, has also ushered in a sudden increase in scenes, which is enough in the second installment

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Beijing Auto Show: BYD Qin L DM-i was launched and listed in the second quarter.

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Reject "one thousand cars on one side" and establish a new standard for pure electric cars.

"The number of 48-hour bookings exceeded 20,000."

 

On November 19th, Extreme Krypton Motor released the above data, once again refreshing the pure electric market record with "extreme Krypton speed".

 

At the Guangzhou International Auto Show in 2023, the first pure electric luxury car, Krypton 007, made its debut, and the pre-sale started at the same time. The pre-sale price started from 229,900 yuan. Before the launch, the user paid 1000 yuan the intention money to deduct 6,000 yuan, and the pre-sale price started from 224,900 yuan.

 

The whole system comes standard with 800V platform, front double wishbone and rear multi-link suspension, silicon carbide motor and Qualcomm 8295 chip. The total power of front and rear motors is up to 310 kW, and the four-wheel drive model accelerates for 2.84 seconds. ……

 

A series of luxury configurations beyond the same level, Extreme Krypton 007 entered the pure electric luxury car market by breaking the conventional brand-new luxury standards, providing users with more and more novel category choices.

 

Establish a new standard for pure electric cars against Tesla Model 3 and Krypton 007.

 

As the fourth model of Krypton, it is also the first car product to enter the most mainstream market. Based on the insight into the market and users, the appearance of Krypton 007 has chosen a more "advanced" design concept, breaking the status quo of "one thousand cars".

 

By Stefan Sielaff, the former design director of Bentley who joined Krypton two years ago, Krypton 007 reached the best visual point of a luxury B-class car: the length of the car is 4865mm, the width of the car is 1900mm, the height of the car is 1450mm, and the wheelbase is 2928mm, achieving a perfect 1:2 ratio of the height of the yellow gold wheels.

Caption: Extreme Krypton 007. Figure/Enterprise official website

The world’s first double-zone hidden front face design makes the Krypton 007 have a smoother and more recognizable front face. The exclusive clamshell front hatch cover and clamshell tailgate design of ultra-luxury SUV were first introduced into the B-class sedan by Krypton 007, creating the first real suspended roof in its class.

 

Extreme Krypton 007 headlight group uses the world’s largest 90-inch giant screen light strip and 1711 LED light beads, and the brightness can reach 10000 nits, bringing a visual interaction effect with a sense of future technology. The most surprising thing is that the light curtain is independently controlled by 75 high-power chips of vehicle specifications, and the pattern can be presented on the smart light curtain just by drawing on the central control panel with your fingers, which makes Kyk 007 the first smart electric vehicle in the world that can be customized by users, and also allows users to have personalized exclusive labels.

Caption: Extreme Krypton 007 interior. Figure/Enterprise official website

Not only comes with a brand-new image, but also with the powerful performance genes, safety genes, intelligent technology and luxury configuration of the brand, Krypton 007 breaks the rules and establishes a new standard for pure electric cars.

 

In terms of power, Extreme Krypton 007 not only inherits the luxury performance gene of Extreme Krypton 001 FR, but also comes standard with high-performance 800V architecture. The whole system comes standard with front double wishbone and rear multi-link high-performance suspension system, equipped with 800V silicon carbide high-performance rear motor with a maximum power of 310 kW. The fastest acceleration of the rear-wheel drive model is 5.4 seconds, and that of the four-wheel drive model is a record-breaking, with the fastest acceleration of 2.84 seconds (excluding the starting time), which is faster than the 3.4 seconds (excluding the starting time) of the Tesla Model 3 high-performance all-wheel drive version. It has become the fastest accelerating pure electric car of its kind in the world.

 

In terms of cruising range, the cruising range of CLTC, the entry-level model of Krypton 007, is 688 kilometers, and the long-life version is as high as 870 kilometers.

 

With 800-volt high-voltage architecture, 800-kilometer battery life and 800-seat exclusive charging stations, with the absolute strength of three "800", Extreme Krypton 007 will completely eliminate users’ travel mileage and recharge anxiety.

Caption: Comparison between Extreme Krypton 007 and Tesla models.

In the luxury pure electric car market, Tesla Model 3 is an unavoidable opponent of cars of the same price. However, with the consumer’s demand for interior space and comfort, the sales volume of Model 3, which has not been greatly upgraded for 8 years, has declined in recent years, and the sales volume in the third quarter of this year is only one-third of that of two years ago. Based on the insight into the market and users, Extreme Krypton 007 is fully configured, and it is more competitive than Tesla Model 3 in key parameters such as body size, wheelbase and battery life.

 

Create a differentiated competitive advantage and be a "leader" in market segments.

 

Extreme krypton 007 is a concentrated expression of extreme krypton’s soft and hard strength. As a luxury intelligent pure electric brand under Geely Holding Group, Krypton is also continuing to create "Krypton speed".

 

Different from other enterprises, Krypton firmly takes the "third track", that is, "combining the power of giants with pure user thinking."

 

In less than three years since its establishment, Extreme Krypton has successively launched the hunting coupe extreme Krypton 001, MPV extreme Krypton 009, compact SUV extreme Krypton X and super-running extreme Krypton 001 FR, covering the price range of 200,000-800,000 yuan.

 

In 2022, the annual delivery of Krypton exceeded 70,000 vehicles, making it the only brand of mainstream new energy to achieve the delivery target. By the end of October 2023, the monthly delivery of krypton has increased for nine consecutive months. It took only 24 months to start delivery, and Krypton became a luxury pure electric brand with the fastest delivery of 170,000 vehicles, with a cumulative delivery of more than 170,000 vehicles, the only one in the industry with zero spontaneous combustion, which set a new record in the industry.

 

Among them, Kykrypton 001 is the champion of pure electric vehicle sales with a price of over 300,000 yuan, Kykrypton 009 is the champion of MPV sales with a price of over 500,000 yuan, and Kykrypton X is the only China brand in the top ten of compact car sales with a price of over 200,000 yuan.

 

In terms of globalization strategy, in October this year, Krypton signed a pan-European cooperation agreement with BNP Paribas and Arval, which will provide users with financial solutions covering all aspects of travel, all-round leasing business support and insurance services, covering many European countries.

 

In November, Krypton started selling in Stockholm, Sweden, and will be sold in major developed countries in Western Europe next year. In 2024, the European market is expected to increase to 6 countries, and in 2025, it will enter 8 countries, accelerating its March to the global market.

Caption: An Conghui, CEO of Extreme Krypton Intelligent Technology. Figure/Enterprise official website

An Conghui, CEO of Extreme Smart Technology, once said, "If there is no benchmark in the early stage, as a follower, it is not enough to be the same as others. Only by surpassing others can everyone think that you are a little competitive."

 

In creating differentiation, we can’t follow suit. With other car companies, we choose to focus on a large number of similar models in the same field, and seek market differences through the way of "having more children and fighting", and set up benchmark products in different market segments through excellent product strength, which is a very embarrassing product planning concept.

 

After the pre-sale of Krypton 007 started for 30 minutes, the booking volume exceeded 5,000; After 3 hours, the booking volume exceeded 10,000; After 48 hours, the booking volume exceeded 20,000.

 

The release of Krypton 007 not only enriches Krypton products, but also enters the pure electric luxury car market with the product experience of innovating the mainstream car market in the electric age, providing users with more and more novel category choices.

 

Text/Liu Chang

Editor Jiang Fan

Proofread Liu Baoqing