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BYD Qin pro is China Tesla? These points tell you why you bought Qin pro.

I believe that my friends are still wanting more, and a brand-new energy source is coming out again-PRO. He has made great achievements in the field of new energy and never let consumers down. What kind of car is Qin pro, known as the "China"? Can it be accepted by the times? Let Xiaobian open your eyes today!

Designer’s operation

Since the former design director Iger was hired, our products have finally got rid of rusticity in design style, and have been well received by consumers in the market. Qin pro was designed by former designer Iger himself.

Iger graduated from the International Academy of Arts and Sciences in Milan, Italy, majoring in design. He is a favorite pupil of the famous design teacher Silva. He has created countless magic cars such as A3, Q7, TT and R8. This time, I believe it will make our eyes shine.

China ""

Pro adopts the latest "Dragon Face" design language, and the large-mouth air intake grille with "dragon beard" headlights adds a new atmosphere and a sense of movement. The design is relatively simple, and the overall line looks euphemistic. Together with the through taillight line, it is calm, neat and generous.

In the overall appearance, it is not inferior, not lost at all, so it enjoys a good reputation-China.

Pro upgrade is more spacious

In terms of size, it is longer, wider, taller and bigger. With a super spacious suitcase, no matter what shape people are, there is no need to worry about the crowded space inside the car. No matter how many things you have, you don’t have to worry about not letting go. It’s just so capricious.

Strong momentum is ready to go.

It is understood that Qin pro has released two versions of pure electric version and plug-in hybrid version, which are consistent in appearance. The plug-in hybrid version of Qin pro is equipped with a 120 motor (up to 150KM/h) and a 1.5L naturally aspirated or 1.5T (up to 200KM/h) in terms of power. The acceleration of a hundred miles takes only 5.9 seconds and the spike is 7.09 seconds.

In terms of power, it has been widely praised by major consumers, and it has received rave reviews on the websites of major cars. Can pro compare with it?

Stay tuned for actual battery life.

I believe that friends who love cars will care about the performance of new energy vehicles in battery life. From what has been released, we can know that its battery life is 80-100KM, so what kind of battery life will pro have? Still to be known! However, Xiao Bian believes that my brother is quite good, and the younger brother is definitely not bad. The actual battery life should exceed 100KM.

Summary: The back waves of the Yangtze River push the front waves, and Qin pro will do its part.

Qin used to do a good job in power, space and configuration, but the appearance has always been complained about this PRO upgrade, which has filled this short board. Therefore, as long as the price of Qin PRO is reasonable in the future, it is a high probability event that the monthly sales volume exceeds Qin. However, in the current system and intelligent acceleration, PRO should be able to add many technologies to surprise consumers, which is worth looking forward to.

I believe that in the future, we will go further and further, do better and better in the brand, and make products that are satisfactory to the people and suitable for the people of China.


Equipped with curved screen and electromagnetic suspension, equipped with 8155 chip, Star Road Eta Ursae Majoris official map exposure.

Objectively speaking, as a high-end brand of Chery Automobile, Xingtu Automobile has been somewhat unsatisfactory in terms of sales since its establishment.

Not long ago, after the high-level changes, there is no doubt that Starway will make big moves.

Sure enough, the official map of Eta Ursae Majoris, a brand-new model of Xingtu Automobile, was exposed recently. The new car is also based on Starway M3X Mars Architecture 2.0, and it is positioned as a medium-sized SUV.

From the picture, the appearance design of Star Road Eta Ursae Majoris is different from other models currently on sale, which can be said to be full of futuristic and technological sense. It has a similar design style to Chery Oumengda, which was listed not long ago. The air intake grille is borderless. The headlights also adopt a penetrating design, which is very recognizable.

The slender body is decorated with many waistlines, and the B-pillar and C-pillar are also blackened and equipped with your Tibetan door handles. At the front fender, there is also an exclusive logo decoration. The hub is petal-shaped and equipped with red calipers.

Compared with the front face and the body, the design of the new car is more radical than that of Chery Oumengda. Equipped with hollow spoiler, high-position brake light and penetrating taillight design, the line design is more complicated, and the exhaust layout with two sides and four outlets is adopted. The length, width and height are 4781/1920/1671mm and the wheelbase is 2815mm respectively.

The design of the interior is somewhat similar to that of Chery Oumengda. The overall feeling is simple and luxurious. The entire center console has almost no physical buttons, and is equipped with a 24.6-inch curved central control panel and a two-piece sports steering wheel.

However, above the central armrest storage compartment, it is equipped with three knobs, which should be used to control air conditioning and volume. On the central armrest, there is no gearbox, so it is very likely that the design of the arms will be used.

In addition, the new car will be equipped with Lion6.0 car system, Qualcomm Snapdragon 8155 chip, L2.9-class assisted driving, 50W wireless fast charging, Queen’s co-driver, signal function, CDC electromagnetic suspension and all-terrain four-wheel drive system.

In terms of power, the new car will still be equipped with the 2.0T engine with excellent Starway power, matching the 7-speed wet dual-clutch gearbox, with a maximum power of 261 HP and a maximum torque of 400 Nm.

It is also reported that Starway Eta Ursae Majoris is matched with an 8-speed automatic manual transmission.

According to the car quick review, Starway Eta Ursae Majoris has many bright spots in exterior interior design and configuration, and it is a new car worth looking forward to.

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The State Council issued the Regulations on Promoting the Development of Individual Industrial and Commercial Households; The central bank and other three departments released heavy information on sto

[Looking at China]

The State Council: Encourage and guide venture capital institutions and social funds to support the development of individual industrial and commercial households.

On October 25th, the State Council issued the Regulations on Promoting the Development of Individual Industrial and Commercial Households. The regulations propose that the state encourages and guides venture capital institutions and social funds to support the development of individual industrial and commercial households; The state implements fiscal and taxation policies that are conducive to the development of individual industrial and commercial households; The state promotes the establishment and improvement of the credit evaluation system for individual industrial and commercial households, encourages financial institutions to develop and provide financial products and services suitable for the development characteristics of individual industrial and commercial households, expands the scale and coverage of loans for individual industrial and commercial households, and improves the accuracy and convenience of loans.

The central bank, China Banking and Insurance Regulatory Commission and the foreign exchange bureau held a meeting to release heavy information on stocks, debts, foreign exchange and housing.

At the meeting, the central bank and the foreign exchange bureau proposed to strengthen departmental cooperation and maintain the healthy development of the stock market, bond market and property market; The China Banking and Insurance Regulatory Commission meeting emphasized that under the background of the innovative development and steady transformation of the real economy, the good foundation for the long-term investment value and stable operation of the capital market will not change.

CSRC: Expand high-level institutional opening and broaden financing channels for overseas listing.

China Securities Regulatory Commission said that the capital market should adhere to the purpose of financial services to the real economy, comprehensively deepen reform, improve the multi-level market system, improve the functions of the capital market, and increase the proportion of direct financing. Expand high-level institutional opening, broaden overseas listing financing channels, and strengthen pragmatic cooperation with the Hong Kong market. We should persist in combining the general laws of the capital market with the reality of the China market and the excellent traditional Chinese culture, and accelerate the construction of a modern capital market with China characteristics.

The National Development and Reform Commission and other six departments issued documents to support the upgrading of foreign capital in China.

Six departments, including the National Development and Reform Commission and the Ministry of Commerce, recently jointly issued the "Several Policies and Measures on Promoting the Expansion of Foreign Capital with Emphasis on Manufacturing Industry", further increasing the attraction of foreign capital in manufacturing industry, focusing on solving the outstanding problems faced by foreign-invested enterprises, comprehensively strengthening the promotion and service of foreign investment, and promoting the high-quality development of utilizing foreign capital. Support qualified foreign-invested enterprises to raise funds by listing on the main board, science and technology innovation board, Growth Enterprise Market and Beijing Stock Exchange, listing on the basic layer and innovation layer of the New Third Board, and issuing corporate credit bonds.

The Ministry of Finance and other three departments: include e-cigarettes in the scope of consumption tax collection.

On October 25th, the Ministry of Finance, the General Administration of Customs and the State Administration of Taxation issued an announcement on the collection of consumption tax on e-cigarettes. E-cigarettes are included in the scope of consumption tax collection, and e-cigarettes subheadings are added under the heading of tobacco tax. E-cigarettes shall be taxed at an ad valorem rate. The tax rate for the production (import) link is 36%, and the tax rate for the wholesale link is 11%.

Ministry of Agriculture and Rural Affairs: Expand the current investment in agricultural and rural infrastructure construction.

According to the official website news of the Ministry of Agriculture and Rural Affairs, on October 25th, the Ministry of Agriculture and Rural Affairs issued the "Work Plan on Expanding Current Investment in Agricultural and Rural Infrastructure Construction", which mentioned that from now until the end of the year, we should focus on the shortcomings of agricultural and rural infrastructure, and focus on the construction of water conservancy facilities such as large and medium-sized irrigation areas, small farmland water conservancy facilities, modern facility agriculture and cold chain logistics facilities for agricultural products storage and preservation, so as to ensure that construction can be started as soon as possible.

The first national standard in the field of industrial internet network in China was issued.

Recently, the National Standardization Administration Committee issued the No.13 Announcement of People’s Republic of China (PRC) National Standards in 2022, and approved the publication of the national standard GB/T 42021-2022 "Overall Network Architecture of Industrial Internet", which is the first national standard issued in the field of industrial Internet network in China, marking a solid step in the construction of China’s industrial Internet system. (official website, Ministry of Industry and Information Technology)

The rocket assembly in the Mengtian experimental cabin of the space station will be transported to the launch area and will be launched in the near future.

According to the China Manned Space Engineering Office, on October 25, 2022, Beijing time, the combination of Mengtian experimental module and Long March 5 B remote four carrier rocket has been transported to the launch area. In the follow-up, various functional inspections and joint tests will be carried out as planned, and the launch is planned to be carried out in the near future. (CCTV News)

Guidelines for Venture Capital in Hainan Free Trade Port (2022 Edition) was issued.

Recently, the Development and Reform Commission of Hainan Province issued the "Guidelines for Venture Capital in Hainan Free Trade Port (2022 Edition)" to clarify the relevant regulations and preferential policies for the management of venture capital enterprises in Hainan. It is required that the registered capital of the registered enterprise shall not be less than 30 million yuan, the number of investors shall not exceed 200, and at least three senior managers with more than 2 years of venture capital or related business experience shall bear the investment management responsibility. (Hainan released WeChat WeChat official account)

Nanjing plans to cancel the household registration restrictions for online car drivers.

The official website of Nanjing Transportation recently issued an announcement to solicit opinions on the revised draft of Nanjing’s Measures for the Administration of Online Booking of Taxi, and it is proposed to amend Article 9 of the Measures, namely, the conditions that drivers engaged in online car rental services in this city should meet, and delete the provision of "having a local household registration or obtaining a local residence permit" in the first item of this article. At present, the collection of opinions and suggestions has been closed. (The Paper)

Guangzhou: The epidemic situation in Haizhu District is in a critical stage, and the situation of epidemic prevention and control in the city is severe and complicated.

On October 25th, the reporter learned from the press conference on epidemic prevention and control in Guangzhou that the current epidemic situation in Haizhu District is in a critical stage, and many cases of social positive cases have been found in Tianhe, Yuexiu and other districts, and the situation of epidemic prevention and control in the city is severe and complicated. From October 24th, schools and kindergartens in Haizhu District suspended offline teaching. The person leaving the ear must hold a 48-hour negative nucleic acid certificate. (CCTV News)

[Looking overseas]

The three major US stock indexes closed higher across the board, with the Nasdaq up 2.25%.

US stocks closed higher on Tuesday, with the Dow up 337.12 points, or 1.07%, to 31,836.74 points. The S&P 500 index rose 61.79 points, or 1.63%, to 3,859.13 points. The Nasdaq rose 246.50 points, or 2.25%, to 11,199.12 points.

Rich Sunak accepted the appointment of the King of England and officially became the Prime Minister of Britain.

On October 25th, local time, Rich Sunak, who was just elected as the leader of the British Conservative Party, accepted the official appointment of King Charles III of England at Buckingham Palace and became the new British Prime Minister. The 42-year-old Rich Sunak is the third prime minister in Britain in the last seven weeks and the first Asian prime minister in British history. According to the BBC, Sunak is also the youngest prime minister in Britain since 1812. (CCTV News)

The EU plans to provide Ukraine with 18 billion euros in aid in 2023.

On October 25th, local time, Ursula von der Leyen, President of the European Commission, said at an international expert meeting on Ukraine’s reconstruction held in Berlin, Germany that the EU plans to provide Ukraine with a total of 18 billion euros in aid in 2023, equivalent to 1.5 billion euros per month, to support the operation of the Ukrainian government, pay the salaries of Ukrainian public officials and maintain and rebuild important infrastructure. (CCTV News)

EU member states reach agreement on joint procurement of natural gas.

On October 25th, local time, the meeting of energy ministers of EU member states was held in Luxembourg. After the meeting, siemsen, the EU Commissioner in charge of energy affairs, said that the EU member states supported the joint procurement of natural gas at this meeting, believing that this would make the EU in a favorable position in the international natural gas market, and the total amount of joint procurement would reach 13.5 billion cubic meters. The final plan will be decided by the meeting of the European Council next month. (CCTV News)

The investigation of the "Beixi" pipeline leakage accident is still in progress, and Sweden, Denmark and Germany have all sent investigation vessels.

According to a report by Swedish TV local time on October 25th, after the explosion of the "Beixi" natural gas pipeline in the Baltic Sea, intensive investigation work is still in progress. Sweden, Denmark and Germany all sent some investigation boats to the Baltic Sea between Bornholm Island and karlskrona. The staff took photos, inspected and studied the bottom of the pipeline to investigate the cause of the accident. (CCTV News)

Cyclone storm caused power failure in 8 million households in Bangladesh.

On the 25th, local time, cyclone Sitron, which landed near Balisar, Bangladesh, caused serious damage to Bangladesh. Hamid, the country’s minister of electricity, energy and mineral resources, said on the same day that the storm had caused about 8 million households in the country to lose power. (CCTV News)

[large company]

Kweichow Moutai responded to the query that the proportion of institutional shares dropped sharply: the situation is not true.

In response to the question of the sharp drop in institutional shareholding ratio, Kweichow Moutai responded that the changes in institutional shareholders’ shareholding were untrue. The total shareholding ratio of the top ten shareholders of the company disclosed in the Third Quarter Report of 2022 was 71.54%, and there were a large number of institutional shareholders after the top ten shareholders. In the fourth quarter of 2022, the company will continue to focus on the strategic objectives and annual work arrangements, go all out to deepen reform, explore and innovate, promote high-quality development, strive to achieve development goals, and create more value for shareholders. (Interface News)

Musk said that he plans to complete the acquisition of Twitter on Friday.

According to Bloomberg news, Musk told several bond underwriting banks that he planned to complete the acquisition of Twitter on Friday.

The last payment is reduced by 8000 yuan! Ask the world to follow Tesla’s price reduction.

It was learned from the AITO Wenjie automobile sales store that Huawei cooperated with Celestial that the M5 and M7 models of Wenjie brand have started price reduction promotion, and the final payment can be directly reduced by 8,000 yuan. (The Paper)

Meizu acquired by Geely wants to build a car across the border? Response: Reserve and recruit talents in the automotive field.

Recently, Meizu posted a number of auto-related job postings on the recruitment website, which is considered to be a signal of Meizu’s cross-border car building. On October 25, Meizu related people said that the company is indeed reserving and recruiting talents in automobile-related fields. (The Paper)

[Nuggets Circle]

Northbound funds bought a net of 2.845 billion yuan, and Longji Green Energy and Mindray Medical were added.

On October 25, northbound funds bought a net of 2.845 billion yuan all day; Among them, Shanghai Stock Connect bought 2.256 billion yuan and Shenzhen Stock Connect bought 589 million yuan. Among the top ten trading stocks, the top three net purchases are Longji Green Energy, Mindray Medical and LU ZHOU LAO JIAO CO.,LTD; The top three net sales are Kweichow Moutai, Ping An Bank and Wanhua Chemical.

The institution sold these 18 shares and bought 354 million yuan of Junshi Bio.

On October 25, in the Dragon and Tiger List, a total of 39 stocks appeared as institutions, 21 stocks were net bought by institutions and 18 stocks were net sold by institutions. On that day, the top three stocks bought by institutions were Junshi Bio, Haitian Seiko and Today International. On that day, the top three stocks sold by institutions were Company No.9, Guomai Technology and Huitian New Materials.

"A wealth selection"

Cross-border financing macro-prudential adjustment parameters are raised, what signal is released?

Experts believe that the increase from 1 to 1.25 means that domestic enterprises and financial institutions can borrow more foreign debts. Since the beginning of this year, the RMB exchange rate has shown two-way fluctuations. This move can ease the pressure of RMB depreciation in the spot exchange market, and more importantly, further release the signal of stable exchange rate, which will help stabilize market confidence and avoid excessive accumulation of RMB depreciation expectations in the short term.

From bike-sharing to the consumption of "red envelopes", the application scenarios of digital RMB continue to expand.

Not only on the personal side, but also on the corporate business side, digital RMB has also achieved breakthroughs in various business scenarios. Recently, Suzhou, Chengdu, Fujian and other places have applied digital RMB to the scenes of enterprise receipt and provident fund deposit, helping the digital economy to accelerate its development. Experts said that the pilot application of digital RMB has entered a relatively mature stage, and the next thing to think about is the formulation of digital RMB issuance system and the operation mode of operating institutions.

[Today’s notice]

10: 00-tuyere survey, mass production vs bankruptcy industry squeezing bubble! How does lidar pass through the dawn?


It’s as disgusting as eating a mouse! The performance of the Mercedes-Benz E300 bought for 530,000 yuan is really bad.

Netizen: I picked up this E300 on July 25th this year, because it happened to be my birthday. Then, in order to give myself a birthday present, I made it clear to the 4S shop that I must pick up the car on the same day, and then the 4s shop helped me get everything ready on time, and let me pick up the car directly, which can be regarded as a gift for myself at the age of 30.

Originally, I was driving a car myself, but I really didn’t want it after four or five years. It happened that my business was doing fairly well in the past two years, and I had a great improvement. I had more money in my hand, so I thought about changing a car. After discussing with my family, they all supported my idea, and then I began to look at the car, thinking that I would choose one of the two models, and then I would like to see the E300 later.

The main reason is that the reputation and impression of this model are not very good. Why do you say that? Because the Five Series pays attention to the control style, it may be harder to drive, which is not suitable for business reception. However, our main demand for buying this car is for home use, and occasionally it is used for business reception, so comfort is definitely the most important thing to ensure. In addition, it has always given people the impression of being an outsider. I don’t like this feeling very much, so I finally chose it.

But this generation, in terms of design, looks a little rustic, but it doesn’t matter much. I originally wanted to choose a blue E300, but they didn’t have this color scheme. In the end, I had to drive my car to the beauty shop outside, and then let them put up my car clothes, and then they helped me to go to the vehicle management office to do the registration. This one originally looked a little old-fashioned and full of business sense, and suddenly it became very, very.

Seeing that this E300 has been used for three or four months, I am very dissatisfied with the overall performance of the car. I knew I shouldn’t have bought this one at that time, and maybe it would be better.

First of all, the comfort of the vehicle is actually not so reliable, because I feel that the models of his generation are not well done in the seat, and the padding is not very soft now, and the support of the seat is not high. If you ride for a long time, you will feel how much your body is, and you will be a little tired.

Secondly, the sound insulation effect in the car is not in place, but the wind noise can still be heard clearly in the car when driving at high speed. It was said that the sound insulation effect of this car is very good before, but it is completely different from my own experience.

There is also the luxurious atmosphere inside the car and the design of the car, which gives people a feeling of being completely puzzled. Isn’t the old double-screen design style more beautiful? This new design style is really at a loss, and the reaction speed of the car machine is not very fast, and the operation is particularly complicated, which makes people very angry to use.

What makes me want to vomit most is that the driving experience and ride comfort of this car, let’s put it aside for the time being, but now we have begun to pay attention to the attempt to combine sports with comfort, but this is not the case at all in this car. He really only pays attention to the so-called comfort and ignores the driver’s feelings. The chassis adjustment is too soft, making this car drive like watching an old man. "

It is definitely a leader in the field of large cars among luxury brands, and it is also a leader. It has divided different fields, paying more attention to luxury and comfort, and paying more attention to sports control. Basically, consumers with such needs will choose one of these two models at a fixed point.

Compared with the old model, the design style of the new model is indeed a bit stingy, especially the design of headlights has not played a finishing touch role, but it has also affected the overall visual effect. Of course, the overall sense of luxury and grade of the vehicle has disappeared with the efforts of the designer. If you want a medium-sized and large car with a more comfortable riding atmosphere, I will advise you to consider other brands and won’t mind your choice.


What brands of domestic new energy vehicles are there? Haval is worth seeing.

  With the continuous development of domestic new energy vehicles, more and more consumers will put their choices on some domestic new energy vehicles when buying a car, especially in big cities such as Beijing, Guangzhou, Shanghai and Shenzhen. As the pressure of license plate becomes greater, a new energy vehicle becomes very important. At present, domestic new energy brands emerge one after another in the automobile market. So which brands of domestic new energy vehicles are worth buying? Take a look at the Harvard brand. As a sub-brand focusing on SUV under Great Wall, Haval has always been the first choice for many consumers with the price close to the people and better products. Just in May of this year, Haval’s new hybrid model of Haval Xiaolong and Haval Xiaolong MAX was an important turning point for Haval to transform into a new energy vehicle brand. Let’s take a look at the specific configuration of these two models today.

  Haval Xiaolong

  In terms of power system, Haval Xiaolong is equipped with a DHT-PHEV plug-in hybrid system (1.5L engine+front single motor+battery pack +2-speed DHT gearbox and other components). The comprehensive power of the system is 185 kW, and the pure electric cruising range under NEDC condition provides 52 km and 110 km, and the comprehensive cruising range under NEDC condition exceeds 1,000 km. There are three models to choose from, and the price is 13.98-15.68 million yuan. Haval Xiaolong MAX comes standard with Hi4 new intelligent four-wheel drive electric hybrid technology newly developed by Great Wall (1.5L naturally aspirated engine +2-speed hybrid special gearbox +Hi4 front and rear drive modules and other components). The comprehensive power of the system is 205 kW, the pure battery life of NEDC is 105 km, and the comprehensive cruising range of NEDC is over 1,000 km. It also has three configuration models to choose from, and the price is 159.8-179.8 million yuan.

  Haval Xiaolong MAX

  In the exterior and interior design, the front face of Haval Xiaolong adopts a semi-closed design, and the headlight group integrates L-shaped LED daytime running lights and far and near light sources. The center console area is equipped with a central control screen design consisting of a three-position steering wheel, a 7-inch LCD instrument and a 12.3-inch central control screen. In addition, Haval Xiaolong also used a chest block, and the touch air conditioning button was integrated in the lower edge of the central control. The body size of the whole vehicle is 4600*1877*1675mm, the wheelbase is 2710mm, and it is a compact SUV. Haval Xiaolong MAX
The front face adopts laser mesh grille and "Hawkeye" headlight group, and its design is inspired by the famous Xiaolong fighter. The center console area is equipped with three 12.3-inch through-suspended large screens: instrument screen, central control screen and co-pilot screen, and equipped with intelligent hardware such as W-HUD head-up display. The body size of the whole vehicle is: 4758*1895*1725mm, with a wheelbase of 2800mm. It is a medium-sized SUV. Haval Xiaolong MAX’s leapfrog body size brings an ideal interior space. Its rear row can be completely laid down, and the rear row becomes a "big bed room" every second, and the whole car has as many as 32 storage spaces.

  Haval Xiaolong MAX

  Haval must not miss the brands of domestic new energy vehicles. As a professional SUV brand, Haval insists on innovation, leads the market and brings consumers the perfect SUV in every era. As a sincere work of Haval’s transformation to new energy, Haval Xiaolong series perfectly interprets the new benchmark of new energy SUV value.


Disclaimer: The advertiser and the author are responsible for the authenticity of this article, which has nothing to do with this website. )


New brand accelerates "recruiting" Geely wants to use Volvo to "turn over"

"The headhunting company is still digging people, which is more urgent!" On March 24th, Xin Chen (pseudonym), a veteran who works for a joint venture car brand, told the reporter of China Business News, "According to the headhunting company, Geely is setting up a new company and investing heavily to build a brand-new car brand."

But what is puzzling is, what kind of company will this be? What is the relationship between this company and Volvo Cars? And what is the goal of Li Shufu, chairman of Geely Holding Group? With a series of questions, the reporter found that the CMA platform product jointly built by Geely and Volvo (a brand-new vehicle platform jointly developed by Volvo Car and its parent company Geely Group) is progressing steadily. In order to make the products developed on this platform put on the market smoothly, Geely is making a final sprint, and Geely’s above recruitment move may be related to this platform.

New products will be launched in 2016

The reporter learned that Geely’s recruitment stems from the fact that before the Spring Festival, the recruiters targeted the personnel of "ABB" and other car companies. The recruitment information released by headhunting companies also involves positions such as human resources director and engineer. In contact with headhunting companies, Xin Chen learned that many senior positions have been finalized on the eve of the Spring Festival.

"(Geely) will not form a new company with Volvo, but it will indeed set up a brand new brand. (This brand) will run in the form of a business unit. " On March 25th, Yang Xueliang, spokesman of Geely Holding Group, told reporters: "The recruitment that Geely is implementing is actually a preparation for CMA platform products."

From this point of view, the reason why Geely accelerated its recruitment at this time is because its new CMA platform product jointly developed with Volvo has entered the sprint stage of production. An insider of Geely Automobile said that the factory producing CMA platform products is under construction, and the new products will be officially launched in 2016, and the products will be launched in the above new brands.

It is reported that in September 2013, Geely-Volvo Joint R&D Center started trial operation in Sweden, which is mainly responsible for the development of CMA modular platform. In the future, the application of the platform can not only realize the modular production of vehicle models, thus reducing the manufacturing cost, but also control the weight of the car body, further achieving the purpose of reducing the weight of new cars. In the future, the CMA platform will mainly produce the models of Volvo brand that are positioned in the compact market, and can be extended to the field of small cars. As the other party to jointly develop the CMA platform, Geely Automobile will also share the platform with Volvo Cars.

According to the information initially disclosed by Geely, the R&D center will recruit 200 engineers by the end of 2014. But by the end of 2014, the R&D center had hired 400 engineers. And the recruitment of personnel is still expanding.

According to overseas media reports, Hanken samuelson, President and CEO of Volvo Car Group, said that the first model of Volvo based on CMA platform will be XC40, which will be launched in 2018. In 2019, Volvo will launch a new generation of V40 hatchback and a new compact car S40 based on CMA platform.

According to the information disclosed by Geely at present, its Geely brand model based on CMA platform will be introduced to the market two years earlier than Volvo brand. Yang Xueliang said that Geely’s products built on the CMA platform will include A-class cars and B-class cars. In 2016, Geely will launch a brand-new A-class car.

Conflict suspense

The upcoming production of Geely’s new products means that Volvo’s technical contribution to Geely Automobile has entered a new stage. However, the outside world has also noticed that Geely and Volvo’s new products originate from the CMA platform. Will this cause conflicts between the two products in the market?

For such questions, Geely and Volvo are actually ready. Earlier, in an interview with the media, Hanken samuelson said that although Geely and Volvo use the same platform, the products made by Geely brand based on CMA platform will be completely different from Volvo. He stressed: "The relationship between Volvo and Geely is like the relationship between Audi and Skoda."

In fact, after Geely acquired Volvo, Li Shufu also constantly stressed that Geely is Geely and Volvo is Volvo. Geely and Volvo are well aware that Geely and Volvo cannot be confused, and independent operation can benefit both brands.

It is based on this definition that after Geely acquired Volvo, Volvo’s brand image in the luxury car market was not hurt. The data shows that in 2009, Volvo’s global sales volume was only 330,000, but by 2014, Volvo’s global sales volume reached 465,900, setting a record high. At the same time, in 2009, Volvo sold 22,000 vehicles in China, and by 2014, this figure has also increased to 81,000 vehicles.

Zhang Zhiyong, a well-known commentator in the automotive industry, believes that with the help of Volvo’s technology, Geely has promoted the establishment of CMA platform and the research and development of brand-new products, and recruited automotive talents around the world to make the team create a more popular brand. This shows that after the acquisition of Volvo, Geely’s development ideas have been very clear.

The market is urgent

"The conditions they open are not like the practices of domestic independent brand car companies!" Xin Chen, who has worked in a joint venture car company for nearly ten years, said, "In order to dig up outstanding talents faster, Geely’s treatment and conditions are even higher than many joint venture car companies."

Obviously, Geely, who is eager to launch a sprint, has been a little anxious, hoping to reserve a good team for the upcoming new models through high salaries.

In 2014, Geely Automobile, which once grew rapidly, encountered a bottleneck in its development. Data show that in 2014, Geely Automobile sold a total of 425,773 vehicles, a decrease of 22.50% compared with 2013. As a car company with the largest year-on-year decline, Geely Automobile directly fell from the second place in the sales volume of independent car companies in 2013 to the fifth place. For Geely, in order to completely reverse the situation, the new Geely model based on CMA platform needs to join the "Geely Legion" as soon as possible.

Zhang Zhiyong said that Geely’s acquisition of Volvo not only promoted Geely’s brand, but also provided opportunities for Geely to acquire some key automotive technologies. It is understood that from the date of completion of the acquisition, Li Shufu, chairman of Geely, began to take a series of measures to promote technical cooperation and synergy between Geely Automobile and Volvo Automobile.

As early as 2012, Geely and Volvo signed a technical cooperation agreement, and the two sides will actively promote the joint development of small-displacement, high-performance, environmentally-friendly series engines, environmentally-friendly small car platforms, and new energy vehicle assembly system technologies such as electric vehicles, hybrid electric vehicles and plug-in hybrids.

With the introduction of Volvo technology, Geely has also begun to taste the sweetness. At present, new models and modified models developed on Geely’s existing platform all use Volvo technology to varying degrees. The new Geely car Borui, which will be launched in April 2015, was jointly developed by the Geely European R&D Center CEVT (Geely -VOLVO Joint R&D Center) and Geely Research Institute, using some Volvo technologies.

Some insiders believe that with the launch of the new CMA platform products, Geely will be in a favorable position in the competition of domestic independent brand models. However, it is not clear whether Geely can get what it wants when domestic independent brand car companies are accelerating their development and their independent market share is gradually shrinking.


How much is BYD Han EV, will you pay without hesitation?

In the eyes of many consumers, independent brands have developed well in recent years, but if the price is higher than 200 thousand, they will not consider it. Therefore, the price of 200,000 yuan has become a thick and hard ceiling for the upward development of independent brands.

Even so, there are many brands trying to break the shackles, such as BYD. Its Tang EV was priced between 277,900 yuan and 377,900 yuan. At that time, this flagship SUV helped BYD establish a high-quality image with brand-new product strength. In the field of cars, this year BYD will bring a masterpiece with excellent shape, performance and battery life-Han EV, and continue to attack the 200,000 ceiling.

In appearance, Han EV adopts the latest Dragon Face design language, and the overall visual effect is high-end and elegant. The front face adopts a closed middle net, and the headlights on the left and right sides are chic and slightly raised. A silver ornament is chrome-plated through the closed middle net to connect the headlights on both sides, making the front face more stretched and open.

The length, width and height of Han EV are 4980/1910/1495mm, and the wheelbase is 2920 mm. The slender body size supports a powerful gas field. Viewed from the side, its body proportion is harmonious, the profile design is simple and elegant, and the flexible waistline gradually narrows from the C-pillar to the upper part, which matches with the hidden door handle design to outline the dynamic and washed coupe posture.

Regarding the body design, BYD Han EV pays special attention to it. If you look closely, you can find that its front part is more rounded and its tail part is more square, which is precisely due to the design concept of "front circle and rear". The rounder the front section, the easier it is for the wind to fit the car body quickly when it is impacted by the wind, while the more the rear section is, the wind can leave the car body quickly. With the clever design and the assistance of aerodynamic suite, the drag coefficient of BYD Han EV is amazing, only 0.233Cd, even lower than Tesla Model S(0.24Cd).

In the interior part, it adopts the embracing design language, and its style is simple and lively, not complicated. The most eye-catching thing is still the characteristic of BYD dynasty family-large-size suspended rotating central control panel. In addition, in terms of details, Han EV is also polished exquisitely. Its center console is decorated with matte silver, which effectively enhances the texture of the interior. The materials used are even more generous, and a lot of soft materials, piano paint and stitching techniques are used to create a good sense of luxury.

In terms of configuration, the specific configuration of Han EV has not been announced, but there is no doubt that it will be equipped with the latest generation of DiPilot intelligent driving assistance system and DiLink system. These two systems are BYD’s two major achievements in the field of intelligent driving and intelligent networking, which have always been well received. It is reported that Han EV will have a DiTrainer "coaching mode", which is the first in the industry and has the ability of self-renewal and evolution. It can combine users’ driving habits with driving scenes to improve users’ driving convenience.

In terms of power and endurance, Han EV handed over an excellent answer sheet.

Its maximum power is 363kW, and its peak torque is 680N·m, surpassing Xpeng Motors P7(316kW, 655N·m) and Tesla Model 3 (340 kW, 639 N m), and it has entered the "3-second club" of global production vehicles with a score of 3.9 seconds, while Xpeng Motors P7′ s best acceleration score is only 4.3 seconds.

In terms of battery life, Han EV is equipped with a "blade battery" with high safety and long battery life. The single-motor version of NEDC has a battery life of 605 kilometers and the dual-motor version of NEDC has a battery life of 550 kilometers. No matter which data, it can dispel consumers’ long-term battery life anxiety.

Whether it is design, performance or battery life, Han EV has shown good strength. How much is the price of such a boutique domestic car?

We might as well guess that at present, BYD’s most expensive car in the car field is Qin PRO EV, and its price is between 149,900 and 204,900 yuan. From the positioning and product strength of Han EV, its level and pricing will definitely be higher than Qin Pro EV.

Looking at its competing products, the price range of Xpeng Motors P7 is between 229,900 and 349,900 yuan, and the length, width, height and performance of Han EV are superior to it. From this point of view, its price should be slightly higher than P7.

Although Tesla Model 3 is not an opponent of Han EV in terms of level standards, its attack scope has always been extensive, and it can compete with luxury brands, new forces and traditional car companies, and I believe that many people will choose between it and Tesla Model 3 after the listing of Han EV in the future. At present, Tesla’s pricing is between 29.18-41.98 million yuan. From the perspective of performance, size and battery life, Han EV is better than Model 3, but its brand power is not as good as Tesla’s, and Model 3 is popular. In order to strengthen the competitiveness of Han EV, its price should be lower than Model 3, but the models with medium, high and above may exceed the upgraded version of Model 3 standard endurance rear drive (291,800 yuan).

In summary, the pricing range of Han EV may be 240,000-360,000 yuan.

If it were you, how much would you pay for BYD Han EV?


[Early know] A new round of large-scale conflict broke out between Palestine and Israel; Main market performance during the long holiday: China’s assets generally rose, and international oil prices fe


Hot spot focusing

1. The spokesman of the Ministry of Commerce answered a reporter’s question on the inclusion of some China entities in the export control "entity list" by the US Department of Commerce.
A spokesman for the Ministry of Commerce answered a reporter’s question on the inclusion of some China entities in the export control "entity list" by the US Department of Commerce.
A reporter asked: On October 6, 2023, US Eastern Time, the US Department of Commerce announced that some Russian entities were included in the "list of entities" for export control. What is China’s comment on this?
A: China has noticed the relevant situation. In a short time, the United States once again listed some Russian enterprises in the "entity list" of export control on the grounds of so-called involvement in China. The United States has generalized national security, abused export control measures, and arbitrarily imposed unilateral sanctions and "long-arm jurisdiction" on China enterprises. This is a typical act of economic coercion and unilateralism, which China resolutely opposes.
The United States should immediately correct its wrong practices and stop its unreasonable suppression of China enterprises. China will take all necessary measures to resolutely safeguard the legitimate rights and interests of enterprises in China.
2. Shanghai and Shenzhen Stock Exchanges: At this stage, the time for T+0 trading in the A-share market is not mature.
Relevant person in charge of Shanghai and Shenzhen Stock Exchanges answered questions from reporters. Q: Recently, it has been reported from the media that the trading hours of A shares will be extended after the holiday, and T+0 trading will be tried out on some stocks. How do you comment on this? A: We are concerned about the above rumors, and the relevant contents are not true. On August 18th this year, when answering a reporter’s question on activating the capital market and boosting investors’ confidence, the relevant person in charge of the CSRC proposed to study the appropriate extension of the trading hours in the A-share market. This work involves a wide range and has a great influence. The Exchange is conducting in-depth research and demonstration in accordance with the unified deployment of the CSRC. In addition, the relevant person in charge answered the reporter’s question in the early stage and made it clear that the time for T+0 trading in the A-share market at this stage is not mature.
3. Zhejiang Guoxiang IPO Sudden Brake Shanghai Stock Exchange will carry out special verification.
Near the subscription date, Zhejiang Guoxiang (603361)IPO pressed the pause button. The Shanghai Stock Exchange also paid close attention to this matter, saying that it would conduct a special inspection on Zhejiang Guoxiang. On the evening of October 7, Zhejiang Guoxiang announced that due to relevant media reports, in order to effectively protect the interests of investors, the issuer and the lead underwriter decided to suspend the follow-up issuance work until the relevant matters were verified and clarified. The estimated issuance schedule disclosed in the original Announcement on Issuance Arrangements and Preliminary Inquiry will be adjusted. Zhejiang Guoxiang was originally scheduled to purchase on October 9th (T-day) after the National Day. In answering a reporter’s question, the Shanghai Stock Exchange said that recently, there have been media concerns about the existence of the same asset secondary listing and high issuance pricing in Zhejiang Guoxiang. In this regard, the Exchange said that it has paid attention to relevant reports. The relevant information reflected from the media has been paid attention to in the audit and a special inquiry has been made. At present, Zhejiang Guoxiang has suspended the IPO issuance process.
In April and September, the purchasing managers’ index of China’s manufacturing industry was 50.2%, up 0.5 percentage points from last month.
In September, the purchasing managers’ index (PMI) of China’s manufacturing industry was 50.2%, up by 0.5 percentage point from the previous month. After running below 50% for five consecutive months, it returned to the expansion range. At the same time, the index rose for four consecutive months, and the chain-on-chain increase rate continued to expand, indicating that the economic recovery situation is getting better. Among the 21 industries surveyed, the purchasing managers’ index of 11 industries is above the critical point, two more than last month, and the manufacturing boom has expanded.
5. China’s foreign exchange reserves in September were US$ 3,115.1 billion, down US$ 45 billion from the end of August.
According to the statistics of the State Administration of Foreign Exchange, by the end of September 2023, China’s foreign exchange reserves stood at $3,115.1 billion, down by $45 billion or 1.42% from the end of August. In September 2023, influenced by the monetary policies and expectations of major economies, macroeconomic data and other factors, the US dollar index rose and the global financial asset prices generally fell. The scale of foreign exchange reserves decreased in the month due to the combined effects of exchange rate conversion and asset price changes. The overall recovery of China’s economy is improving, and the solid progress of high-quality development is conducive to the continued stability of the scale of foreign exchange reserves.
6. Many data of long holiday travel have exceeded that before the epidemic.
According to the Ministry of Culture and Tourism, during the Mid-Autumn Festival and National Day holidays in 2023, the cultural and tourism industries recovered strongly, and the national holiday market was stable and orderly. According to the data center of the Ministry of Culture and Tourism, during the eight-day Mid-Autumn Festival and National Day holiday, the number of domestic tourists was 826 million, an increase of 71.3% year-on-year according to comparable caliber, and an increase of 4.1% compared with 2019 according to comparable caliber; Domestic tourism revenue reached 753.43 billion yuan, up 129.5% year-on-year according to comparable caliber, and up 1.5% compared with 2019 according to comparable caliber.
7. Passenger Association: It is estimated that the wholesale sales volume of new energy passenger car manufacturers in September will be 830,000, a year-on-year increase of 23%.
The Federation comprehensively estimated that the wholesale sales volume of new energy passenger car manufacturers in September was 830,000, a year-on-year increase of 23% and a quarter-on-quarter increase of 4%. According to preliminary estimates, from January to September this year, 5.92 million vehicles were wholesale, up 36% year-on-year. The Federation predicts that in 2023, the sales volume of new energy passenger cars in China will be 8.5 million, and the sales volume of narrow sense passenger cars will be 23.5 million. The annual penetration rate of new energy vehicles is expected to reach 36%. The current operation state is basically consistent with the forecast.
8. State Administration of Taxation: Departments in charge of official vehicles at all levels should increase the use of new energy vehicles.
From September 26th to 27th, the State Administration of Taxation held a site meeting on the promotion of new energy vehicles and a national symposium on the management of official vehicles in xiong’an new area, Hebei. The meeting stressed that the competent departments of official vehicles at all levels should fully implement the policy requirements for the promotion of new energy vehicles, strengthen coordination with relevant industry authorities, improve supporting measures, and increase the use of new energy vehicles. It is necessary to pay attention to local conditions and classify policies, better coordinate geographical location, power types, urban-rural differences, and vehicle use, and actively and steadily promote the use of new energy vehicles.
9. National Film Bureau: National Day box office was 2.734 billion yuan.
According to the statistics of the National Film Bureau, the total box office of National Day movies in 2023 (from September 29th to October 6th) was 2.734 billion yuan, with 65.1 million people watching movies, and the domestic movie box office was 2.618 billion yuan, accounting for 95.78% of the market. The top five movies in the National Day box office were: Rock Solid, 883 million yuan, and Ex-4: Early Marriage, 6.
10. IATA: In August, air cargo demand increased year-on-year for the first time in 19 months.
On October 8, IATA’s regular data on the global air cargo market in August 2023 showed that the air cargo demand increased year-on-year for the first time in 19 months, with an increase of 1.5% compared with August 2022 according to the freight ton-km. The transportation capacity increased by 12.2% compared with August 2022. The strong growth of transportation capacity is attributed to the 30% year-on-year increase of abdominal cabin transportation capacity. Willie Walsh, president of IATA, said that PMI data is developing in a positive direction, and this signal is even more optimistic as it enters the traditional year-end peak season of air cargo.
11. Shenzhen: By 2025, the proportion of new energy and clean energy power vehicles will reach about 60%.
Shenzhen Municipal People’s Government issued the implementation plan of Shenzhen peak carbon dioxide emissions. Among them, it is proposed to promote the low-carbon transformation of transportation equipment. By 2025, the proportion of new energy and clean energy vehicles will reach about 60%, the number of new energy vehicles in the city will reach about 1.3 million, the number of LNG vehicles will reach more than 20,000, and the number of hydrogen fuel cell vehicles will reach about 2,000. By 2030, the proportion of new energy and clean energy vehicles will reach about 70%, and the number of new energy vehicles in the city will reach about 2 million.
12. Tesla reduces the price of some models in the United States.
On October 6th, Tesla official website showed that Tesla reduced the price of some models in the United States, the price of Model 3 in the United States dropped from $40,240 to $38,990, and the price of Model Y long-life version in the United States dropped from $50,490 to $48,490.
13. Sudden change in the Middle East! The largest armed conflict broke out between Palestine and Israel in years.
On October 7th, local time, the Palestinian Islamic Resistance Movement (Hamas) announced that it would launch a military operation against Israel. It not only fired thousands of rockets, but also its armed personnel entered Israel and clashed with the Israeli army. The Israeli army responded by launching several rounds of air strikes in the Gaza.
14. The US non-farm payrolls data in September far exceeded expectations.
On October 6th, the U.S. Department of Labor announced the changes of non-agricultural employment population and unemployment rate data in September. In September, the number of non-farm employees in the United States increased by 336,000, a sharp increase from the expected 170,000, much higher than the 187,000 in August. This latest data undoubtedly shows the strength of the labor market in the United States, and the number of non-agricultural new jobs exceeding 300,000 is beyond the expectations of all Wall Street institutions. Previously, among large financial institutions, Citigroup gave the highest non-agricultural expectations, but it only added 240,000 people. Investors have more reason to believe that the Fed will maintain high interest rates and even raise interest rates further in the face of high inflation.
15. Major market performance during the long holiday: China’s assets generally rose and international oil prices dropped sharply.
During the A-share holiday, the overseas market represented by the interest rate of US bonds fluctuated obviously, and the global stock market remained volatile as a whole. At the same time, the US dollar index strengthened and the international oil price dropped sharply.
In terms of China’s assets, Hang Seng Index rose by 0.65%, Hang Seng Technology Index rose by 1.01%, Nasdaq China Jinlong Index rose by 0.34%, and A50 Index rose by 0.19%.
In terms of US stocks, the Nasdaq rose 1.74%, the S&P 500 rose 0.2% and the Dow fell 0.77%. In terms of European stocks, Germany’s DAX30 index fell 0.61%, France’s CAC40 index fell 0.79%, and Britain’s FTSE 100 index fell 1.41%. In the Asia-Pacific stock market, the Korean Composite Index fell by 2.29% and the Nikkei 225 Index fell by 2.75%.
In terms of commodities, gold and oil all showed a correction. London gold has been falling for nine trading days since September 25th. During the long holiday, it has fallen by about 2%, and COMEX gold has fallen by 1.84%. In terms of crude oil, NYMEX crude oil fell by 9.8% and ICE oil distribution fell by 9.31%.
16. The Beijing Stock Exchange revised the relevant guidelines and promoted the transfer in a safe and orderly manner.
On October 8, after soliciting opinions from all parties in the market, the Beijing Stock Exchange revised and issued the "Guidelines for Continuous Supervision of Listed Companies of Beijing Stock Exchange No.7-Transfer of Board" (hereinafter referred to as the "Guidelines for Transfer of Board"). According to the experts interviewed, with the official release of the "Transfer Guidelines" of the North Stock Exchange, the transfer listing of the North Stock Exchange will soon enter the practical stage, or it will promote the valuation repair of listed companies in the North Stock Exchange, enhance the liquidity of the secondary market of the North Stock Exchange, and attract more high-quality companies to go public in the North Stock Exchange. The North Stock Exchange said that the transfer mechanism involves the coordinated development of multi-level capital markets. This revision of the Guidelines for Transfer attaches great importance to the protection of investors’ rights and interests, and strives to form an orderly, standardized and normalized transfer arrangement.

Theme opportunity

1. Ask the new M7 to set a new high in a single day. The supply chain is expected to benefit.
According to the official news, the new M7 model of AITO has set a new one-day record during the Mid-Autumn National Day holiday. According to the latest official data, the car reached a "record high" on October 6, with a large number of 7000 vehicles. Since the car was officially listed, the cumulative number of large orders has exceeded 40,000. According to public information, the new M7 in Wenjie is equipped with Huawei ADS 2.0 advanced intelligent driving system, which can realize high-speed and urban intelligent driving without relying on high-precision maps. The new car is equipped with 27 sensing hardware, including 1 overhead lidar, 3 millimeter-wave radars, 11 high-definition visual sensing cameras and 12 ultrasonic radars, which supports parking service and ultra-narrow parking spaces in the park. In 2023, the sales volume of the world was less than expected for a long time, and the new M7 exceeded expectations to raise the market heat. There is room for exceeding expectations in the future, and related supply chains are expected to benefit. Related companies include Demais, Mingke Jingji and so on.
2, artificial intelligence chip track fiery giants set out to launch self-developed products.
According to foreign media reports, Microsoft plans to launch the first chip specially designed to support artificial intelligence (AI) at the Microsoft Ignite conference held in Seattle on November 14th. At the same time, OpenAI, the developer behind ChatGPT, which exploded this year, is exploring the manufacture of its own artificial intelligence (AI) chip and has begun to evaluate a potential acquisition target. It is also known that Amazon and Google have strategically integrated their artificial intelligence chips into their cloud business promotion activities. The analysis pointed out that this wave of AI was set off by ChatGPT, which triggered Chinese and foreign scientific and technological enterprises to pursue big language models and generative AI and an arms race for computing power. With the emergence of more complex and multivariate models, AI chips with high computing power will fully benefit. At present, although the popularity of generative AI and big models has cooled down compared with the beginning of the year, NVIDIA and other giants have given strong performance and future guidance, indicating that the industry is still investing more in the AI field on a large scale and is optimistic about the long-term development trend of AI. Related companies include Tongfu Microelectronics and Haiguang Information.
3. Huawei’s fully liquid-cooled overcharge station went online.
On October 4th, Huawei officially announced that the fully liquid-cooled overcharge station built by Huawei Digital Energy was officially launched in the southern Sichuan-Tibet line and along Litang and Aden highways, with a maximum output of 600kW and a maximum current of 600A, which is known as "one kilometer per second". The success rate of one-time charging is as high as 99%, and the charging range of 200-1000V matches all models, including passenger cars such as Tesla, Tucki, Ideality and commercial vehicles such as Cargo Lala. Liquid-cooled overcharge technology is based on the traditional air cooling technology, which introduces liquid cooling module to realize efficient heat dissipation and temperature control of equipment. At present, domestic brand car companies Weilai (500kW ultra-fast charging), Tucki (480kW single pile), Beiqi (480kW) and FAW (350kW) have all been overcharged, and liquid cooling technology has also become the technical layout direction of overcharge stations. Huaxi Securities said that the feedback of Huawei’s intelligent and electrified layout is good, which is expected to enhance the acceptance of smart platforms, liquid-cooled overcharges and other technologies by domestic consumers.

Company news

1. Evergrande Motor Co., Ltd.: Trading in the company’s shares will resume at 9: 00 am on October 9.
Evergrande Automobile: The company has applied to the Stock Exchange to resume trading in the company’s shares from 9: 00 am on October 9, 2023.
2. North Rare Earth: The transaction price of rare earth concentrate in the fourth quarter was adjusted to 20,536 yuan/ton excluding tax.
North Rare Earth (600111) announced on the evening of October 8, according to the pricing method of rare earth concentrate and the price of rare earth oxide in the third quarter of 2023, the transaction price of rare earth concentrate in the fourth quarter of 2023 was adjusted to 20536 yuan/ton (dry weight, REO=50%) without tax after calculation and approval by the general manager’s office, and the price without tax was increased or decreased by 410.72 yuan for every 1% increase or decrease in REO. The company will re-sign the Rare Earth Concentrate Supply Contract with Baotou Steel, and carry out related transactions of rare earth concentrates according to the newly signed contract.
3. Huayi Brothers: The operating income from "Previous 4: Early Marriage" is about 73.49 million to 95.45 million.
Huayi Brothers (300027) announced on the evening of October 8 that the film "Ex-4: Early Marriage" directed by its subsidiary was released in Chinese mainland on September 28, 2023. According to the data of the National Film Office, as of 24: 00 on October 6, 2023, the film was released in Chinese mainland for 9 days, and the cumulative box office income (that is, the cumulative total box office of the film) was about RMB 710 million (the final settlement data may be slightly wrong), which exceeded 50% of the operating income of the company’s audited consolidated financial statements in the latest fiscal year. As of October 6, 2023, the company’s operating income from the film was about 73.4882 million yuan to 95.4502 million yuan (there may be errors in the final settlement data). At present, the film is still in release.
4. China Eastern Airlines: It plans to purchase 100 C919 aircraft from Comac.
China Eastern Airlines (600115) announced on the evening of September 28th that the company signed the C919 Aircraft Purchase and Sale Agreement with Commercial Aircraft Corporation of China (hereinafter referred to as "Comac") and purchased 100 C919 aircraft from Comac. According to the central parity exchange rate of RMB against the US dollar (1 US dollar to 7.1798 RMB) announced by the People’s Bank of China on the signing date of this transaction agreement, the catalog price of 100 C919 aircraft purchased this time is about 71.08 billion RMB. The above 100 aircraft are scheduled to be delivered to the company in batches from 2024 to 2031.
5. Lotus Health: Xinhua San Information plans to deliver 330 NVIDIA H800GPU series computing servers to Lianhua Kechuang.
Lotus Health (600186) announced on the evening of September 28th that Lotus Kechuang, a wholly-owned subsidiary of the company, signed the Purchase Contract with Xinhua San Information, a subsidiary of Xinhua San Holdings, on September 27th. Both parties confirmed that under this purchase contract, Xinhua San Information delivered 330 NVIDIA H800GPU series computing servers (each server contains 8 GPUs) to Lianhua Kechuang, with a total contract price of 693 million yuan.
6. China Zhongmian Performance Express: The net profit in the first three quarters was 5.199 billion yuan, a year-on-year increase of 12.33%.
China Zhongmian (601888) disclosed the performance report on the evening of October 8: the net profit in the first three quarters was 5.199 billion yuan, up 12.33% year-on-year, and the revenue was 50.84 billion yuan, up 29.14% year-on-year. During the reporting period, the company paid attention to sustainability and pursued a balanced growth of scale and profit. In the first three quarters of 2023, the gross profit margin of the company’s main business continued to recover, which were 28.75%, 32.47% and 34.27% respectively.
7. Tomson Bianjian: The net profit in the first three quarters increased by 25% to 34%.
Tomson Bianjian (300146) announced on the evening of October 8 that the net profit in the first three quarters is expected to be 1.849 billion yuan to 1.979 billion yuan, an increase of 24.77% to 33.55% over the same period of last year. Benefiting from the increase in market demand for many categories of products brought about by the improvement of national health awareness, the company’s domestic and overseas income achieved rapid growth in the first three quarters.
8. Sunrise in the East: The estimated net profit in the first three quarters is 1.2 billion-1.38 billion, with a year-on-year increase of 61%-85%.
Oriental Risheng (300118) released its performance forecast on the evening of September 28th, and it is expected to achieve a profit of RMB 1.2 billion-RMB 1.38 billion in the first three quarters of 2023, an increase of 60.56%-84.65% year-on-year. Benefiting from the expansion of the company’s module production capacity, the increase of the scale of self-supplied batteries and the stabilization of the price of photovoltaic upstream supply chain, compared with the same period of last year, the sales volume of photovoltaic module products of the company increased, the sales gross margin increased, and the corresponding sales profit increased. In addition, this period, the company’s overseas battery component production base began to ship stably, which also had a positive impact on the company’s operating performance.
9. BYD: The sales volume in September was 287,500 units.
BYD (002594) announced on the evening of October 8 that it sold 287,500 vehicles in September, compared with 201,300 vehicles in the same period last year; In September, a total of 28,039 new energy passenger cars were sold overseas. In September, the total installed capacity of power batteries and energy storage batteries of new energy vehicles was about 14.348GWh, and the cumulative installed capacity in 2023 was about 100.931GWh.
10. Zhongding Co., Ltd.: Obtained the project designation of air suspension system products.
Zhongding Co., Ltd. (000887) announced on the evening of October 8 that AMK, a subsidiary company, has become a batch supplier of air supply unit assembly products for air suspension system of a new platform project of a head new energy brand main engine factory in China. The life cycle of this project is 5 years, and the total amount of life cycle is about 1.64 billion yuan.
11. China Chemical: The subsidiary signed a general contract of about 65.05 billion yuan for the chemical complex project of methanol from natural gas.
China Chemical (601117) announced on the evening of October 8 that recently, a wholly-owned subsidiary of the company signed a general contract with Russian Baltic Methanol Co., Ltd. for the chemical complex project of methanol from natural gas. The duration of this contract is 48 months, and the total contract amount is 8.4 billion euros, equivalent to about 65.05 billion yuan.
12. Xu Ji Electric: Pre-bid for the Fifth Equipment Bidding Procurement of State Grid UHV Project.
Xu Ji Electric (000400) announced on the evening of October 8 that the company had won the bid for the fifth equipment bidding procurement of the State Grid UHV project in advance, with an estimated bid amount of 611 million yuan.
13. Commodity City: Signed a strategic cooperation framework agreement with People’s Data, a platform of People’s Daily Online.
Commodity City (600415) announced on the evening of October 8 that the company signed a strategic cooperation framework agreement with People’s Data, a platform of People’s Daily Online, to carry out all-round and multi-level cooperation in data confirmation, data storage, data empowerment and data operation, and establish a long-term, stable and efficient communication mechanism to jointly create a trade data ecosystem.

calendar of finance and economics

Editor: Zhang Qian
Proofreading: Yao Yuan
These, users are watching.
Controversy! Venus commented on the hot search on "Rock Solid"! The box office has reached nearly 500 million, and the main producer is this A-share company.
Where are the institutions going this year? The total number of reception institutions of these hot stocks during the year has exceeded 2,000.
Second listing of the same asset? Suspend the issuance process, special inspection!
Will A shares extend trading hours after the holiday? The Shanghai and Shenzhen Stock Exchanges just responded!
The US Department of Commerce listed 42 China enterprises on the export control list! 753.43 billion yuan, the "Double Festival" consumption report card was released.
That’s outrageous! There is no direct supply to Tesla, and there is no customer sample delivery evaluation! The misleading statement of "4 Lianban" company, the chairman and sister bought accurately on the eve of the daily limit.

Hangzhou drag racing case: the victim’s father applied for protest to talk about the "body double" incident.

> > > Enter the social channel

> > > enter the rule of law channel

News review:The Xihu District Court of Hangzhou responded to body double’s rumor: Hu Bin’s identity is undoubtedly confirmed.

  Zhongxin. com, Hangzhou, July 28th (Reporter Shuang Yuan, Chai Yanfei) The sensational "5.7" traffic accident case in Hangzhou had the first trial result, but the result did not end the incident. Parents of both sides first expressed unfairness to the court’s decision, and many netizens even expressed doubts about whether Hu Bin was body double at the trial. On 24th, Tan Zhuo’s father, Tan Yue, sent a protest application and a complaint to the procuratorate and the court. The Xihu District Procuratorate said today that it has accepted the appl ication for protest, but it still needs to be studied whether it will protest.

  At about 8 pm on May 7th this year, Hu Bin, who was only 20 years old, raced with his friends in the busy streets of Hangzhou, killing Tan Zhuo, a 25-year-old Zhejiang University graduate who was crossing the zebra crossing to go home after watching a movie. Subsequently, the local police in Hangzhou determined that Hu Bin was driving at "70 yards per hour", which caused public outcry. For a time, students from major media, forums and Zhejiang University paid great attention to this traffic accident, which also had a wide impact throughout the country.

  On July 15th, the Xihu District People’s Court held a public hearing on the case. More than 60 people from all walks of life, including relatives of the victim Tan Zhuo, former colleagues, relatives of the defendant Hu Bin, deputies to the National People’s Congress and CPPCC members, attended the trial. On the 20th, the court made a public judgment in the first instance and sentenced the defendant Hu Bin to three years’ imprisonment for traffic accident. In addition, after the incident, Hu Bin’s relatives have compensated and voluntarily compensated the victims’ relatives for economic losses totaling RMB 1,130 100 yuan.

  Although Hu Bin’s parents thought the verdict was unfair, they said they would not appeal for the time being. Tan Zhuo’s father, Tan Yue, sent an application for protest to Xihu District Procuratorate, Hangzhou Procuratorate, Zhejiang Procuratorate and the Supreme People’s Procuratorate on the afternoon of the 24th. Letters of complaint were sent to Xihu District Court, Hangzhou Intermediate People’s Court, Zhejiang High Court and the Supreme People’s Court; In addition, fact sheets were sent to the Hangzhou Municipal People’s Congress, the Zhejiang Provincial People’s Congress and the National People’s Congress. Tan Yue said that he "expects the superior judicial department to have a legal and fair characterization of Hu Bin’s crimes".

  "Because the procuratorate has not replied whether I will protest, it is not convenient to open the application for protest now." Tan Yue told reporters that the protest application mainly includes two points. One is the issue of the characterization of the charges in the first-instance judgment. Tan Yue said that he never agreed with the charge of "traffic accident " and still insists that Hu Bin committed the crime of "endangering public safety by dangerous means". Second, the issue of Hu Bin’s "body double". Regarding the rumor-dispelling notice issued by the West Lake Court a few days ago, Tan Yue thought that it was "unconvincing and meaningless, even a fake body double would answer the question in this way". He hoped that the higher judicial organs would take this matter seriously and adopt an open, fair and transparent method to identify the true and false Hu Bin in accordance with the law, so as to dispel everyone’s doubts.

  Tan Yue told reporters that the procuratorate has received his protest application today, and it is still under review, but whether to protest needs to be reviewed before making a decision. "If the application for protest fails, I will exercise my second right and apply to a higher court for legal supervision procedures."

  According to Article 182 of China’s Criminal Procedure Law, if the victim and his legal representative refuse to accept the judgment of first instance of the local people’s courts at all levels, they have the right to request the people’s procuratorate to lodge a protest within five days after receiving the judgment. The people’s procuratorate shall, within five days after receiving the request of the victim and his legal representative, make a decision on whether to protest and answer the request. (End)

The incident occurred at 8 pm on May 7.
  Hu Bin raced with friends in a Mitsubishi sports car in Hangzhou, killing Tan Zhuo who was crossing the zebra crossing. [detailed]

"Deceive the real horse" on May 8.
  The Hangzhou police said that the speed was 70 yards, which was inconsistent with the eyewitness’s statement and caused many questions. Netizens invented a new online word "cheat real horses" (70 yards). [detailed]

Criminal detention on May 8
  Hu Bin is suspected.trafficThe crime of causing trouble was detained, but its "trafficThe crime of causing trouble was questioned. [detailed]


Appraisal report on May 14th.
  According to the report, the speed of the accident vehicle ranged from 84 yards to 101 yards, and it was modified or partially modified. [detailed]

Arrest on may 17
  "5.7" submitted by Hangzhou People’s Procuratorate to Hangzhou Public Security Bureau for arrest.trafficHu Bin, the suspect in the accident case, approved the arrest according to law. [detailed]

Compensation on May 20
  The victim’s family and the perpetrator have reached an agreement, and the victim’s parents have received compensation of 1.13 million yuan. [detailed]


First trial on July 20
  Hangzhou Xihu District People’s Court on "5.7"trafficThe accident case was publicly pronounced in the first instance totrafficThe defendant Hu Bin was sentenced to 3 years’ imprisonment for the crime of causing trouble. [detailed]

Hot spots in today’s society

·The father of Tan Zhuo, the victim of the drag racing case, submitted an application for protest.

·The suspect wounded the police and snatched the gun, which contained several bullets.

·The incident of the black kiln worker in Anhui Province continued: Several suspects were arrested.

·The suspect wounded the police and snatched the gun, which contained several bullets.

·Owners of 10 buildings in Jiangsu said they felt cracks in the shaking wall of the building.

·Tourists can shoot nude models when they apply for permits: human photography is suspended in scenic spots.

·Thousands of neighbors of women receive intimate photos of their extramarital affairs. picture

·Neighbors like to move around the house naked, and the old man is ashamed to open the windowpicture

Today’s entertainment hotspots

·Degang Guo denies lending 400,000 yuan to Hou Yaowen and will not appear in court. |special subject

·Xiaoxue, a fast female judge in Hong Huang, called it "the second time is still called mu"

·Lin Bai wants to visit Yi Zhongtian again: I have to insist on throwing chairs on the spot.

·Hundreds of thousands of "babies" in Liang Luoshi Baby Care Group are hard to serve.

·Yico Zeng worshiped Confucius for promotion and promised to compose music for him.

  Related links:

  • Injuring people by racing, filing a case for endangering public safety 2009-07-25
  • Cao Lin: It is extremely dangerous to expose the "racing supervision" without verification. 2009-07-24
  • Review of the Racing Case in Hangzhou on July 21, 2009
  • Why Hu Bin was sentenced to three years: the presiding judge of Hangzhou drag racing case explained the trial results in detail 2009-07-20.

Editor: Teng Xue


The price of Xiaomi SU7 can basically be guessed, the standard version is 199,800, and the MAX version is 299,800.

The Xiaomi auto conference is over, and many people have only one feeling-Very well, the first millet that young people can’t afford appears..

How many people watched the three-hour automobile technology conference drowsy?

Xiaomi Auto is a technology company, and I understand the Internet. It doesn’t matter that a new car couldn’t get on the market years ago. Let’s have a technical conference and talk about the technical breakthrough for two hours. With the data of the laboratory and the motor that got on the bus in 2025, I will also draw a pie for everyone. Netizens all said, "Yes, this is a thunder style" and "familiar millet analogy method".

In the last hour, how many people want to go to WC like Xiaobian, and they are afraid that the new car will appear in the second they miss. The result is obviously a little worry. The whole conference is composed of PPT and video. With Lei Jun’s slightly accented and simple Mandarin, there is no price announcement, but Mr. Lei directly replied to some speculations about the price, 99,000? No way! 149,000? Forget it!

Netizens have only one thing to say about this-Xiaomi SU7, this friend will not be handed over! I’ll wait for Redmi SU1!

After this conference, the configuration parameters and characteristic design of Xiaomi Automobile will be exposed in the future. Not surprisingly, the hot spots in the auto market in the next two months will focus on Xiaomi SU7, and it is not difficult to see from Lei Jun’s words that Xiaomi SU7 is currently in the stage of small-scale mass production, and it is expected that it will be several months before it is officially listed. There is a high probability that it will be chosen in March-April, when the traditional holiday ends, and it will be officially unveiled through large-scale auto shows and other activities, with its own heat and topics.

However, judging from the comments of netizens at this conference, it seems that Xiaomi SU7 is going to make a wedding dress for others (here, it refers to extremely krypton 007).

"It’s so tall, isn’t it still a carpool?" "10 billion brings a bunch of nonsense, and even the real car is not allowed to watch." "Xiaomi Ecology, can you start by opening the car door and watching the advertisement for 30 seconds? ""mobile phones don’t rank among the top three from 0, so it’s unrealistic to steal them and you’ll get "…

After all, the initial positioning of Xiaomi car is to be the first car for young people, just like mobile phones.

But now, after a press conference, Xiaomi SU7′ s "running points" competition is comparable to Porsche and millions of Tesla, and even frequently mentions super-running luxury cars such as Ferrari. Lei Jun seems to be lost in the dazzling data, forgetting that the original intention of entering the automobile industry is to be the first car for young people.

Many people criticized that the price was not announced at this conference, blindly guessing that the price of millet must be around 200,000, or even higher, so the price was hidden, otherwise once he announced the price of 200,000+,it was doomed to send the potential audience directly into the embrace of Krypton 007.

However, there are also many senior fans who said "no surprise, Xiaomi’s usual routine" for yesterday’s press conference. Adjust the tone a little higher, and then launch an entry-level version, kill the quartet by cost-effectiveness, and then engage in hunger marketing. There is no goods all the year round, so if you want to buy it, you have to match it …

At present, judging from the parameter configuration of the two models announced by Xiaomi Automobile, this conjecture has a high probability of becoming a reality. Moreover, once again, it is not difficult to see from the configuration that no matter whether Xiaomi SU7 claims to be a benchmark Porsche or a million-level Tesla, its competing products actually land on the model represented by Extreme Krypton 007.

Therefore, it is speculated that after Xiaomi SU7 is really listed, the price can basically be guessed.The standard version is priced at 199,800.(Down to 200,000 to show sincerity),Max version is priced at 299,800.(The embodiment of strength and technology, Xiaomi thinks that SU7 is "expensive and reasonable").

Let’s take a look today. It’s also around 200,000. Who can play better than Xiaomi SU7 and Extreme Krypton 007?

The two cars have a lot in common, such as Qualcomm Snapdragon 8295 and NVIDIA Orin-X chip, both of which are L2-level autopilot systems, and the standard version is 254TOPS. There are also some differences and distinctions;

Mileage: Krypton 007 is longer, 688km, and Xiaomi SU7 is 668km. There is a gap, but not much difference.

Book parameter: Extreme Krypton 007 is superior. Although Xiaomi has rendered its own speed for a long time, its motor performance is not as good as that of Extreme Krypton 007 on the standard model. The maximum power is 220kW, the peak torque is 400 Nm, and the maximum horsepower is 299Ps. Extreme Krypton 007 can reach the maximum power of 310kW, the maximum torque of 440 Nm, and the maximum horsepower of 422Ps.

Dimensional data: Xiaomi has an advantage. Xiaomi SU7 is positioned as a C-class car, which is nearly 5 meters long and has a wheelbase of 3 meters. In contrast, it is slightly inferior to the polar 007, but the wheelbase of 2928mm can also ensure comfortable space performance.

Configuration differences:

Advantages of SU7: Compared with the entry-level version of Krypton 007, there is an additional middle airbag, which supports keyless entry of the whole vehicle. The central control is larger in size and has the function of simulating sound waves. Leather seats, sports style, adjustable buttons in the back of the co-pilot, 25 speakers, Dolby panoramic sound function, better driving experience.

Advantages of krypton 007:

More sentry mode/clairvoyance, built-in driving recorder, road call for rescue, steep slope descent, from the number of cameras, Krypton 007 has one more camera and two millimeter-wave radars than SU7. There are also rain-sensing wipers, and the exterior rearview mirror has the functions of reversing automatically and rearview mirror memory, with Bluetooth phone, voice wake-up-free words, the LCD instrument size is extremely excellent, and the interior rearview mirror also has anti-glare function and electronic gear shifting.

Krypton 007 has an electric trunk, NFC and UWB digital keys, an active closed grille, and a remote start function to support external discharge. Regarding the trunk and external discharge, Xiaobian tends that Xiaomi Automobile has not announced more detailed parameters, and such popular configurations should not be absent.

From the point of view of configuration differences, the currently published parameter Krypton 007 is better. Unless Xiaomi SU7 shows sincerity in price, there is only a gap of ten thousand blocks, so it is difficult to make up for these configuration differences. If Xiaomi really abandons the label of cost performance, the potential audience will largely switch to the embrace of Krypton 007. After all, compared with Krypton, it is fully tested in the market, and it is endorsed by Geely and Volvo. Its stability, reliability and reputation are relatively excellent. Xiaomi, as an emerging brand, has insufficient knowledge of making cars. What is the comparison?

Through the comparison, it is not difficult to find that the standard version of Xiaomi SU7 comes from all dimensions to lower the selling price, adopting Foday’s battery, lithium iron phosphate battery, and the Contemporary Amperex Technology Co., Limited announced at the press conference is not until the Max version, so it can be concluded that the standard version will inevitably make some concessions on the selling price.

However, obviously, many rice noodles will be disappointed. This millet SU7 obviously didn’t come to be the first car for young people. Its positioning is a C-class performance car, and with three unusual color schemes, many people don’t know who it will be sold to. Pricing is a mystery. If we can’t convince the executives to give sincerity on the price overnight, Lei Jun may still suffer from insomnia in the next thousand days, or thousands of days …