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Akio Toyoda apologized to China consumers for the recall.

　　[Information] On March 1st, 2010, Akio Toyoda, the global automobile company, came to China to explain Toyota’s product recall to the global market some time ago, and formally apologized to domestic consumers (click to enter the apology content of Akio Toyoda to China consumers). At the apology meeting, he explained the recalled models in China, apologized to China consumers, and said that China is still Toyota’s largest market, and the production and sales plan for China will continue.


Home of the car




　　Akio Toyoda’s explanation on how to avoid product quality problems in the future;


　　For Toyota, customers are paramount. For customers who buy their favorite cars, safety performance and quality are the most important. Toyota’s improvement measures in the future are to strengthen quality management. In particular, I think we should return to customer first and improve the situation from the customer’s point of view. There are several specific measures.


　　First,Set up a special organization directly under the president, that is, I, the Special Committee on Global Quality. The Committee is composed of newly appointed quality special members from various regions. It is the work of the Global Quality Committee to summarize and improve the contents of quality management from the design, manufacture, sales and after-sales service of automobiles. By setting up such a committee, we believe that we can better listen to customers’ voices and make rectification measures according to the characteristics of each region.In China, we will also appoint a special quality committee to participate in this activity.


　　Second,As a concrete measure of quality improvement, in order to convey the customer’s voice to the company’s quality development headquarters more directly, quickly and accurately, we should strengthen the technical strength investigation system, send technicians to the local technical analysis and customer quality technical engineering department, and strengthen the technical ability of the after-sales service department of the dealership, which should be continuously improved in combination with local conditions. In addition, in the recall decision-making process, in the future, we should reflect the voices of consumers in various regions more, and let relevant people who know more about the local market participate in the decision-making, so as to make better, faster and more accurate decisions.


　　Third,Talent cultivation. With regard to quality management, Toyota Motor Corporation has a "customer first" training center, and the same training function will be set up in all centers around the world, including China, in order to train talents who can really carry out quality assurance activities from the customer’s perspective.


　　Solutions to sudden acceleration models in overseas markets in the future


　　For the vehicles that we are about to put into production in the future, it has been decided that all of them will be equipped with the BOS priority system. For the problems that have occurred in the American market, we also combined with the guidance of the authorities, and combined with some relevant opinions, we also equipped some recalled vehicles with the BOS priority system.


　　Solutions to sudden acceleration models in the domestic market in the future


　　In China, we will also consider adding this kind of brake priority system according to the time sequence of the related production models in the future, and when the models are modified in the future.


　　At the press conference, in addition to the participants, some consumers of Toyota models also came together, and the coming consumers were more excited because these consumers claimed to have used Toyota models after the accident.Nobody cares.",the following is our live shot on the Internet."Car owners seek justice"Video:



More exciting videos are all on the car home video platform.


　　Event background:


　　1. Toyota has recalled more than ten models in North America. (There are three main reasons for the recall in ten models: design defects of foot pads, brake pedal problems and accelerator pedal problems.)


　　2. After the announcement of the recall, it dealt a heavy blow to investors’ confidence. Toyota Motor Co., Ltd. fell 1.2% to 3,450 yen on Monday, and since January 21st, the stock has fallen by about 17%. Toyota Group’s global sales in 2009 was 7.813 million vehicles, down 12.9% year-on-year; The output was 7.234 million vehicles, down 21.7% year-on-year.


　　3. Following the overseas recall, Toyota recalled its models in the domestic market (due to the accelerator pedal problem).


　　4. Akio Toyoda went to the United States to formally accept questions from American lawmakers and apologize for the recall of the American market and accidents caused by hidden dangers of vehicles.


　　5. The fourth point may also be one of the important reasons why Akio Toyoda came to China to apologize quickly: issuing a risk warning notice about the defects of some models of Toyota Motor Corporation.


　　6. Since 2009, Toyota has recalled many models in China, among which the recall of Toyota has aroused widespread concern among consumers.




　　Three reasons for overseas recall:


　　The first is about foot pads.The areas involved are limited to the United States and Canada, and China is not included in the target range. Because the consumption habits in the United States are different from those in China, the floor mats used are all-weather rubber products with considerable thickness. If they are used under irregular conditions, the accelerator pedal will get stuck. Toyota has carried out independent replacement and maintenance. As there are no mats of the same design used in China, consumers are requested to continue to take advantage of Toyota and Lexus brand products on the premise of correctly using Toyota boutique mats.


　　The second is about the accelerator pedal. In some cases, it may happen that the accelerator pedal is reset slowly or can’t completely return to the waiting state, so we implemented the recall. The market involved in the accelerator pedal incident in China is our joint venture RAV4 vehicle, which is about 15,000 vehicles. We reported this part to the relevant departments and recalled it.


　　The third braking system. Due to the improper braking procedure of Toyota’s (anti-braking system), if ABS works, the braking effect will be lower when ABS starts than before, so the recall was implemented. China and hybrid vehicles do not use the same braking procedure, which is not included in this list.




　　Related articles:


　　Explanation of RAV4 recall: interpretation of Toyota accelerator pedal incident
　　//www.autohome.com.cn/news/201001/93083.html


　　Toyota will recall 277,000 Prius.
　　//www.autohome.com.cn/news/201002/94181.html


　　AQSIQ issues risk warning for some Toyota models.　
　　//www.autohome.com.cn/news/201002/97139.html


　　Camry/Waiting for the Recall of 680,000 Toyota Cars
　　//www.autohome.com.cn/news/200908/68458.html


　　Toyota officially recalled 259,119 Camry models.
　　//www.autohome.com.cn/news/200904/59653.html


　　Although Akio Toyoda’s coming to China is contrary to his reluctance to attend a hearing in the US Congress, his coming to China this time is not due to pressure from any side, but his initiative. However, judging from the above events, Akio Toyoda actually had to come to the China market to apologize, but such an apology was too simple for domestic consumers, and many people in the industry and consumers expressed dissatisfaction.


Home of the car


　　In addition, Toyota’s answer to the domestic media about how to improve the product quality was still the same as that of the trip to North America, and the answer was empty, so we didn’t get a relatively satisfactory answer. (Click to enter: Akio Toyoda answers a reporter’s question) And an apology in less than an hour is really too short for China consumers with diverse problems.


　　However, although Akio Toyoda left us in a hurry, at least we got the recognition of product defects from Akio Toyoda and a more appropriate explanation for the global mass recall. At the same time, we also hope that Toyota can rectify as soon as possible, improve product quality quickly, and discover defective models and safety hazards in time, so as to truly guarantee the rights and interests of consumers. (Text/car home He Kuan)


　　Akio Toyoda introduced:


　　On June 23, 2009, Toyota Motor Corporation held a board meeting at the company headquarters in Toyota City, Aichi Prefecture, Japan, and officially approved Akio Toyoda to be promoted to the new president of the company. Akio Toyoda, 52, is the grandson of the late founder of Toyota, Ichiro Toyoda.


　　Toyota Motor, starting from the loom factory of Toyota Gizzo, not only created a legend of an automobile company, but also concentrated the process of Japanese industrial history in 80 years. However, today, this legend is undergoing an unprecedented test.


　　In 2009, the car company faced a loss for the first time, which made the fourth generation of the family, Akio Toyoda, surface, and the Japanese media described the handover as "great government return". For Akio Toyoda, 52, nothing is more challenging than taking over at this moment. Now Toyota’s "recall door" has once again put Toyota Motor Corporation in trouble, and Akio Toyoda’s performance deserves everyone’s attention.

Calm thinking： how can entrepreneurial teams escape the curse of ＂breaking up after graduation＂

　　Li Jun (pseudonym), a college student entrepreneur in Wuhan, once saw an example of "breaking up after graduation": next door to the company, a college student entrepreneur in the same city "985" worked hard with his team for three years and moved from the business incubator to Optics Valley Building. The company has more than 10 employees.

　　Near graduation, the founder received an invitation from a world top 100 company with an annual salary of 600,000 yuan and decided to leave the company. When the backbone left, the company was dissolved in less than a month. The office next door is still piled with sundries they haven’t taken away.

　　When the reporter interviewed a number of entrepreneurial tutors, they almost agreed that "the phenomenon of entrepreneurial college students breaking up after graduation is extremely common. These student entrepreneurial teams, born in the ivory tower, are in ‘ Eat small fish ’ It is difficult to take root and grow in the market competition. After struggling, the graduation season has become the last straw to crush them. "

　　Entrepreneurial upsurge is surging in the campus, so it is even more necessary to think calmly behind the pursuit of dreams: How can China university student partners achieve a "life-and-death leap" from campus to society, so as to gain a firm foothold in society?

　　"based on the professional field, do their job"

　　Fan Xiaohu, a doctoral student in computer science at Huazhong University of Science and Technology, spent three years and finally got rid of the "hard bone" of the smart home industry in Wuhan.

　　In 2011, Fan Xiaohu was admitted to the Computer College of Huazhong University of Science and Technology, and met three doctoral students with similar age and similar interests, such as Xie Qubo. After class, everyone ate, sang, talked about technology and life, and became good friends who talked about everything.

　　Three years later, they were deeply inspired by the news that Google bought a smart home company at a high price. "Isn’t this our research field?" After many discussions, four people decided to build a smart home system for the elderly and set up Wuhan Bohu Technology Co., Ltd..

　　Bohu is the two main creations of the company — — The combination of Xie Qubo and Fan Xiaohu’s names. The four people in the main creative team have their own strengths. Xie Qubo once listed a startup company; The other two are postdoctoral students abroad, mastering the frontier trends in the industry; Fan Xiaohu, who calls himself "Liu Bei", can get a group of "generals" together to fight.

　　Fan Xiaohu believes that the main reason why the project can run steadily is that they are based on their professional fields, do their own jobs and do what everyone in the team is best at. "How deep the water in this industry is, all four of us have already understood it."

　　After three years of development, Bohu Technology has gradually determined to target young people, large hospitals and nursing home enterprises, and its annual income has exceeded one million yuan. Fan Xiaohu was also named as "Top Ten University Students of Wuhan Entrepreneurship in 2017" and selected as "3551 Optical Valley Talent Plan".

　　Guo Guangxin, majoring in architecture in Wuhan University of Science and Technology in 2011, also considered the problem of specialty matching when choosing entrepreneurial projects.

　　In 2015, Guo Guangxin formed a three-person team and established Wuhan Zhongguo Technology Co., Ltd. He is in charge of software development and design, while the other two are good at operation and one is in charge of sales.

　　Their entrepreneurial project is a self-service studio. When he was a senior, Guo Guangxin developed a sound-controlled camera induction module for SLR cameras based on his professional background. Just pose and shout out the command, and the corresponding photos will appear on the display screen.

　　This technical improvement has greatly "solved the pain points of the industry". Originally, the remote control was needed to control the shooting, which greatly affected the aesthetics of the photos. Now, both hands are liberated from the remote control. "With professional ability, we should be the most technologically superior among our peers." Guo Guangxin said.

　　In November 2018, the renovation of the company’s new venue was completed, and the team also won the silver award in the National Entrepreneurship Competition. The company was named as the "Little Giant" enterprise of Wuhan in 2018.

　　According to Huang Zihao, an animation major in Huazhong Normal University in 2012, "the team should go far, not only based on the specialty, but also pay attention to aiming at the market". In his senior year, he set up an animation production team, and later established Mu Zi Lan Culture Communication Co., Ltd.. Because of the high cost of animation production, it is difficult for school teachers and students to afford it, but once they take root in the school at first, once they leave this group, it is difficult to survive. When a teacher asks us to do animation, we simply don’t charge money.

　　Market research shows that most painters like to draw figures, but in fact the positions of figures are saturated. The real market gap is scene production. "We mainly focus on the outsourcing of excellent art", which is the strength of Muzilan team.

　　"Many college students’ entrepreneurial teams failed to improve their market competitiveness in a segment." Huang Zihao said, "As far as our company is concerned, many animation companies outside have strong comprehensive strength, but we may be better than them in the subdivision of scene production. This is the foothold of our startup company. "

　　Mu Zi Lan takes animation art as its main business and participates in the artistic production of several animation game projects. In China’s largest animation art outsourcing platform "Mi Hua Shi", Mu Zi Lan has achieved the second place in the country.

　　"Finding a partner is more important than finding a partner."

　　"There are many similarities between being a community and starting a business." Fan Xiaohu traced his entrepreneurial origin back to the experience of establishing a student association when he was an undergraduate.

　　In his sophomore year, Fan Xiaohu, who loved Taekwondo since childhood, founded the Taekwondo Association of Shandong University and developed it into seven schools. From the aspects of club management, business development and off-campus competition, Fan Xiaohu felt "just like expanding a branch". He once led this new student club to stand out among more than 400 student clubs in the school and won the title of Top Ten Club.

　　An incident made Fan Xiaohu realize the importance of partners for the first time. On the day before the Taekwondo competition, he accidentally broke his leg bone in the second section of the black belt and could not participate in the competition. It never rains but it pours, because I was recuperating in the hospital, I couldn’t sign a contract with the sponsors on time, and a club sponsorship fee was also ruined.

　　"These little somersaults during college are still affordable." He decided to perform in the school orientation activity 37 days after his fracture. His leg was bandaged and his friends helped him to go to the performance site. On the stage, his partner quietly supported him, and the performance was an unexpected success.

　　"Entrepreneurship is more complicated than running a taekwondo club, and there will be more accidents in the future." Fan Xiaohu remembers that once, the day before signing the financing contract, the other company went bankrupt and the investment project was ruined in an instant; Years ago, there was not a penny on the company’s books, and several partners took money from home and barely paid their employees.

　　"Sometimes it is not necessarily good to fight alone. There are a group of partners who work hard with you, and they will not be isolated when they encounter difficulties." Fan Xiaohu knew from the beginning that he had to find a reliable partner to start a business together.

　　When choosing a business partner, he invited his familiar classmates, and the four people knew each other about their professional abilities and ways of dealing with others. He believes that "finding friends in adversity" is the best choice for entrepreneurial partners.

　　He calculated the account: he can’t talk to his girlfriend for an hour before going out every morning, and less than two hours after work at 9 o’clock in the evening, with more than eight hours to stay with his partner.

　　"Finding a business partner is more important than finding an object." He laughed.

　　"Like-minded" is also the standard for Guo Guangxin to find a partner. The "three partners who study architecture" get along well in character and all understand the importance of partners. Guo Guangxin remembers that a partner once said: "If a person starts a small company, it doesn’t make much sense to take 100% equity, but if the partners work together with Qi Xin to make the company bigger and stronger, even if I hold a small number of shares, it will be enough."

　　On the issue of shares, Guo Guangxin holds the largest share of the company, and the other two have no objection. "No matter how powerful a person is, after all, his ability is limited. Together, we can push the company to a higher level." Guo Guangxin said.

　　Clear rights and responsibilities to avoid disputes

　　Fan Xiaohu has his own set of methods in the distribution of partners’ equity: "First of all, the rights and responsibilities of partners must be clear, there must be black and white, and there must be a dynamic adjustment mechanism." For example, although the shares of the four shareholders are shared equally, they all have corresponding sales tasks, and they can get commission separately for completing each business, following the principle of more work and more pay. "The interests between partners, as long as the shares and profits are reasonable, everyone will be happy to cooperate together."

　　This point coincides with Guo Guangxin.

　　Before the establishment of the company, Guo Guangxin did not have a clear concept on how to distribute the shares. He consulted a large number of relevant materials and consulted the entrepreneurial seniors who got 10 million yuan of financing from the same school, and finally divided the shares into 1: 2: 7.

　　He knows that the problems that college students often encounter when starting a startup company are: blindly talking about friendship between brothers, sharing equity equally among partners, and lacking the main decision makers. It is very common to split up because of disagreement in the later stage of the company’s development. Guo Guangxin believes that it is very important to have a person who can make a decision.

　　Shortly after the company was established, Guo Guangxin wanted to recruit people to expand his business, but the other two shareholders felt that the business was still immature, which could save the expenses of new employees and let everyone take on more work. Guo Guangxin gathered the shareholders together and calculated the account for everyone. "An intermediate salesman can bring 2,000 yuan for eight hours’ work. Once we increase his workload, we should not only do business, but also be responsible for low-level promotion. The business income is 1000 yuan, and low-level promotion can only bring 100 yuan income, so why not spend 500 yuan to hire another person?" With theoretical and model data analysis, Guo Guangxin finally made a decision to recruit 7 people for the company.

　　In order to avoid interest disputes, Huang Zihao has always been a sole proprietorship. "I share the risks by myself. If I make money, it belongs to the company. If I lose money, I will still pay everyone.". He believes that in the face of enormous social pressure, the enthusiasm at the beginning of starting a business is extremely easy to dissipate, so the shares are not too complicated.

　　Ding Yubin, the entrepreneurial tutor of Huazhong Normal University, found that most of the partners of college students’ entrepreneurial teams were classmates and friends, and some of these originally close relationships later became the fuse of contradictions. In the development stage of the project, some people can work together for free, but they break up after achieving certain results.

　　He introduced that there was a three-person entrepreneurial decoration team. After the company got a list of 800,000 yuan, a partner in charge of on-site construction proposed to divide the money, took away 200,000 yuan in cash, retained some shares for dividends, and left the company.

　　Zhao Beiping, dean of the School of Entrepreneurship of Wuhan University of Technology, suggested that college students should set the rules of the game before starting a business. Formulate corresponding rules and regulations on the design of equity and voting rights, determine the core figures, grasp the laws of enterprise management, and form a mature enterprise structure, thus maintaining the operation of the entrepreneurial team.

　　Xu Wenchuan, a senior manager of the Innovation and Cultivation Center of a university, once said in the forum on innovation and entrepreneurship of universities on both sides of the mainland and Taiwan Province, "Encouraging college students to innovate and start businesses is not encouraging them to start businesses alone. If it is very hard for college students to innovate and start a business alone, then it is necessary to encourage team entrepreneurship, especially to encourage students to form teams across departments and colleges to improve the complementarity and anti-frustration ability of innovation and entrepreneurship resources. "

　　He gave an example. For example, in some innovative and entrepreneurial teams in colleges and universities, some people study business management and are sensitive to finance. Have a plenty of students from the Institute of Mechanical and Electrical Engineering, who are proficient in technology; Others come from management colleges and humanities colleges, so that every student’s professional ability can be fully exerted in innovation and entrepreneurship. Only when every college student knows what his strengths and weaknesses are, can all the weaknesses in a team become strengths.

　　So how to strengthen the cohesion of college students’ entrepreneurial partners in team combat?

　　Ding Yubin believes that the key lies in creating the management wisdom of college students. This requires college administrators to have both strong leadership skills and team building skills. The professional ability, financial ability and social ability that a helmsman needs can’t be learned from books. It requires entrepreneurial college students to have enough confidence and enough tolerance in society, so that college entrepreneurs can explore and learn through trial and error and grow together with team partners.

　　(Liu Zhenxing Yang Jie China Youth Daily China Youth Network reporter Lei Yu)

A wave of good news about people’s livelihood came, and the whole family had benefits.

　　Recently, a wave of good news in the field of people’s livelihood came, involving many things such as buying a house, buying a car, social security, childcare, express delivery, etc. Come and see what benefits you can enjoy.

　　 Social security and convenience have made new progress! Work-related injury insurance will be settled directly on a pilot basis.

From April 1st, some cities started a one-year pilot project of direct settlement of work-related injury insurance across provinces and different places.

　　Recently, the Ministry of Human Resources and Social Security, the Ministry of Finance and the National Health and Wellness Commission jointly issued the Notice on the Pilot Work of Direct Settlement of Work-related Injury Insurance in Different Provinces. The Notice proposes that on April 1, 2024, some cities will be selected by the provinces (autonomous regions and municipalities directly under the Central Government) and the Human Resources and Social Security Department (bureau) of Xinjiang Production and Construction Corps to start the pilot work of direct settlement of industrial injury insurance for medical treatment in different provinces, and relying on the national industrial injury insurance settlement information system for medical treatment in different places, the personnel of the pilot cities will hold social security cards (including electronic social security cards, hereinafter collectively referred to as social security cards) to directly settle the medical expenses of industrial injury hospitalization in different provinces, the rehabilitation expenses of industrial injuries and auxiliary devices. The pilot period is one year.

　　 From April 1st, the longest express delivery time in the same city shall not exceed 48 hours.

　　The new version of the national standard "Express Service" will be implemented on April 1st, which puts forward clear requirements for express delivery efficiency, environmental protection and safe packaging, billing transparency and personal data security, and will bring consumers a more efficient, safe and environmentally friendly mailing experience.

　　Among them, for the time limit of express delivery service that many senders and recipients are most concerned about, the new version of the standard is clear, except for remote areas and force majeure, the time limit of express delivery service in the same city with the sender and recipient in the same city is no more than 24 hours, and the time limit of other express delivery services in the same city is no more than 48 hours; Express delivery in different places and provinces in the province, with a service time limit of no more than 72 hours; The time limit of express delivery service in villages and towns (non-urban areas) and the following areas can be appropriately extended, and the extension time should not exceed 48 hours.

　　 The quality evaluation standard of nursery institutions is coming! Infant living rooms should not be arranged in the basement.

　　The "Quality Evaluation Standard for Nursery Institutions" came into effect on April 1, and stipulated the evaluation contents of nursery institutions, such as the conditions for running kindergartens, nursery teams, nursing care, health care, parenting support, safety guarantee and institutional management.

　　Among them, regarding the "environmental space", there should be living rooms and appropriate auxiliary rooms to meet the life and games of infants. Infant living rooms should be arranged on the third floor and below, and should not be arranged in the basement or semi-basement.

　　Regarding the "staffing" regulation, the nursery institutions that make their own meals for infants and young children should be equipped with one cook if they accept 50 or less infants; If more than 50 people are entrusted, one cook should be added for every 50 infants. Nursery institutions that deliver meals to infants and young children should have food safety management personnel.

　　Regarding the "construction of safety prevention and control system", it is stipulated that monitoring equipment should be installed and fully covered in the living places of infants and young children. The storage period of surveillance video data is not less than 90 days.

　　 Six departments issued a document for the first time to clarify the scope of prefabricated dishes and stipulate that prefabricated dishes should not be added with preservatives.

　　Recently, the General Administration of Market Supervision and other six departments jointly issued the Notice on Strengthening the Food Safety Supervision of Precast Vegetables to Promote the High-quality Development of the Industry, which defined the scope of prefabricated vegetables at the national level for the first time, and defined the raw materials and pre-processing technologies of prefabricated vegetables.

　　According to the Circular, prepared dishes are made from one or more edible agricultural products and their products, with or without auxiliary materials such as seasonings and preservatives, through industrial pre-processing (such as stirring, pickling, rolling, shaping, frying, frying, roasting, boiling, steaming, etc.), with or without seasoning packages, in line with the storage, transportation and sales conditions indicated on the product label, and can only be heated or cooked.

　　 Automatic renewal must be brought to the attention of consumers in a conspicuous way.

　　When many people use the APP, they may have encountered the automatic renewal function inexplicably, and even sometimes, the APP that has not been used is still automatically renewed. This phenomenon is about to be cured.

　　The recently promulgated Regulations on the Implementation of the Law on the Protection of Consumers’ Rights and Interests in People’s Republic of China (PRC) has made clear regulations. The "Regulations" stipulate that if operators provide services by means of automatic extension or automatic renewal, they should draw consumers’ attention in a significant way. The Regulations will come into force on July 1, 2024.

　　 Wechat and Tik Tok issued bans on these behaviors to maintain platform security and user experience.

　　Do you know what a WeChat plugin is? Simply put, WeChat plug-ins are third-party software that tamper with WeChat client data without permission. It seems to bring convenience to users, but in fact it hides security risks.

　　For example, privacy risks: "plug-in" software has the risks of collecting and leaking user privacy information and stealing user account passwords; Threatening property security: Many "plug-in" software will also be implanted with Trojan virus, and the use of "plug-in" may be used by bad people, threatening the safety of funds; Being used to harass others: it may be used to harass others and affect friends’ relationship without knowing it.

　　On March 26th, WeChat Security Center issued the Announcement on Combating the Use of "Plug-ins" on WeChat. The Announcement pointed out that according to the Regulations on the Use of WeChat Personal Accounts, WeChat explicitly prohibited the use of all kinds of "plug-ins". However, it has recently been discovered that some users have repeatedly used "plug-in" software in violation of regulations, or posted "plug-in" sales information in a circle of friends. In this regard, the WeChat security team has carried out a special clean-up and will continue to increase the clean-up efforts.

　　On March 27th, Tik Tok Security Center also issued the Governance Announcement of Tik Tok on Improper Use of AI to Generate Virtual Characters. The Announcement stated that the platform recently found that there were still accounts in the station that improperly used AI technology to generate virtual characters to publish content, and the platform severely dealt with them.

　　The platform reiterates that creators, anchors, users, merchants, advertisers and other platform eco-participants must abide by the following specifications when applying generative artificial intelligence technology in Tik Tok: for example, it is clear that it is forbidden to use generative artificial intelligence technology to create and publish infringing content, including but not limited to portrait rights and intellectual property rights. Once found, the platform will be severely punished; It is forbidden to use generative artificial intelligence technology to create and publish contents that violate scientific common sense, resort to deceit and spread rumors. Once discovered, the platform will be severely punished.

　　 There is a discount on buying a car! Various localities promote automobile consumption through various policies.

Pay attention to the friends who have a car purchase plan. Recently, preferential policies for automobile consumption have been introduced in many places.

　　At the Third Spring Automobile Consumption Exhibition in Wuhu, Anhui Province, which ended last week, various merchants launched preferential discount activities with different strengths for different brands and models. At the same time, Wuhu Municipal Bureau of Commerce also issued a limited amount of 2 million yuan of automobile coupons, and gave consumers who bought new cars or traded in cars for more than 100,000 yuan a consumption subsidy ranging from 3,000 yuan to 6,000 yuan. As the first activity of the series of activities to benefit the people by consuming in Ningxia in 2024 "Consumption Promotion Year", the local government has carried out activities such as cars entering shopping malls, rural areas and communities through a combination of policies, such as scrapping (recycling) subsidies, discounting old cars and subsidies for new cars. The maximum subsidy for consumers to buy new cars can reach 7,000 yuan … …

　　In addition, many places have also optimized related supporting services to further facilitate consumers to buy cars and cars.

　　 Beijing: property market policy adjustment, divorce and house purchase are no longer restricted

　　From March 27th, Beijing will no longer implement the policy that "any divorced husband and wife shall not buy a house in Beijing within three years". This also means that in the future, buying a house after divorce will no longer be limited by the divorce period.

　　In August 2021, the Beijing Municipal Commission of Housing and Urban-Rural Development issued an announcement stipulating that if the number of housing units owned by the original family before divorce did not meet the requirements of Beijing’s commodity housing purchase restriction policy, no party may purchase commodity housing in this city within three years from the date of divorce. At present, the validity of this provision in official website is "abolished".

　　 Guangdong: Free from household registration restrictions, newborns can apply for medical insurance at birth.

　　Recently, the Guangdong Provincial Medical Security Bureau issued the Notice on Doing a Good Job in Medical Security for Newborns, which clarified that the guardian of a newborn can apply for the basic medical insurance for urban and rural residents in any overall planning area of the province within 180 days after the birth of the newborn with the medical certificate of the newborn, and is not limited by the domicile or residence, and does not need to provide the household registration book or residence certificate. (Editor: Feng Wenya Final Review: Chen Jingchao Comprehensive Xinhua News Agency, People’s Daily, CCTV and other media reports)

Rene Liu’s ＂Later Us＂ posted a poster that Jing Bo Ran and Zhou Dongyu fell in love.


1905 movie network news Director Rene Liu released a series of posters of "Learn to Love" in his first film. The nine posters are beautiful but not lacking in truth. Jing Bo Ran and Zhou Dongyu, the leading actors, are performing every ordinary "we" in love, laughing brightly, hugging heartily, wandering around, looking for it, experiencing the four seasons of the story and tasting the bitterness and sweetness of love. Rene Liu, the director for the first time, said that this is a film for everyone, and I hope everyone can find their own way in love. The film will be released on April 28th, and it will be the only romantic film in May Day under the escort of producer Zhang Yibai and photography director Li Pingbin.

Jing Bo Ran and Zhou Dongyu learned to love "we", both of which are the protagonists of the film.

Love in the world may be mostly similar. From the beginning of "I love you softly" to the end of "I miss it, I will never be there again", and I always have to go through all kinds of flavors myself, just like what the poster says — — I finally learned how to love. According to the poster, Jing Bo Ran and Zhou Dongyu play the roles of Seeing Qing and Xiaoxiao, which make people feel the truth and beauty of love. Like every pair of us who are in love with each other in a big city, they meet and fall in love in drifting, warm each other on the road of dreams, run to the sun to have fun when they are happy, and touch each other’s head when they are frustrated to say that I am here. If romance can sew the colorful coat of love, then truth is the sharpest wheat awn that pokes everyone, and it is the resonance that makes us willing to laugh and cry. Learn to love, this is the beautiful and true love that the film Later Us wants the audience to feel, and it is also the flash moment of love memories of thousands of couples in Qian Qian in the world.

Rene Liu’s first director: the more real the story, the more touching the emotion.

"Later Us" is Rene Liu’s first directorial work. As an intellectual woman who has touched countless people with her singing and acting skills, it is inevitable that the film she directed for the first time has a strong literary flavor. Rene Liu directly denied this voice with practical actions. Whether it was the series of "I hate Spring Festival travel rush the most" during the Spring Festival, the posters and notices of "Have a good dinner" and the series of posters of "Learn to love" released this time, Rene Liu expressed a strong understanding of today’s young people and the current era under the seemingly gentle and intellectual appearance. As she said, "I want to make a movie for everyone. The protagonist in the film is themselves. I hope everyone can find their own shadow in them." For this reason, she did her homework before shooting, which made the roles of Jing Bo Ran and Zhou Dongyu closer to daily life, and even the interaction between them was no different from ordinary life. "Their true performance like ordinary people will make love more real and moving."

Chinese film gold medal team guarantee helps the only romantic film in "May 1st" to look forward to it.

Zhang Yibai, as a film producer, is an important figure in Chinese love movies. He directed the first youth love idol drama series in China, and his one made a box office of 588 million in 2014, while another one made a box office success of 813 million in 2016. The works directed by Zhang Yibai can evoke the strongest common memory and resonance with the times every time. Li Pingbin, who has won many awards for cinematography at home and abroad, is the director of photography, with the participation of powerful young actor Jing Bo Ran, Golden Horse winner Zhou Dongyu and famous director Tian Zhuangzhuang. The strong cooperation between a group of Chinese film gold medal teams and Rene Liu will also bring the truest and most resonant love feelings. The only romantic film in the May 1 ST file shows the beautiful and moving temperament of this romantic film with the poster preview released every time, which makes the audience eager for real romantic films look forward to it. The film will be released nationwide on April 28.

Dong Mingzhu builds cars and encounters twists and turns again. 67 new energy buses of Gree Titanium are destroyed by fire.

　　Economic Observer Network reporter Gao Feichang Intern reporter Wang Lingyun On January 30, the fire incident of several new energy buses parked in an open space in Fenghuang Village, Tianya District near Sanya Airport was listed on the hot search list. According to the video of the scene of the accident recorded by witnesses, black smoke was filled and the fire was big. After receiving the alarm, local fire rescuers immediately rushed to the scene for disposal, and it took nearly two hours to completely extinguish the open fire on the scene. After preliminary approval by the fire department, a total of 80 vehicles were parked at the site, and 67 new energy buses were fired, with an area of about 1,800 square meters. The cause of the fire and property losses are under investigation and statistics.

　　According to the video reported by Sanya Radio and Television Station, some of the over-fired but not completely burned vehicles can see the obvious word "Yinlong" on the front, and some of the unburned vehicles are printed with the logo of "Guangtong Pure Electric" (Zhuhai Guangtong Automobile Co., Ltd., a subsidiary of Gree Titanium).

　　Some local villagers reported that these new energy buses with Sanya licenses had been parked in the empty space of Fenghuang Village in 2022 and had been left unattended. Some on-site staff also called these vehicles "French cars".

　　According to public information, at the end of August 2021, Gree Electric successfully acquired Yinlong New Energy Co., Ltd. (hereinafter referred to as "Yinlong New Energy"), and two months later Yinlong New Energy announced its name change to "Gree Titanium New Energy Co., Ltd." (hereinafter referred to as "Gree Titanium").

　　The relationship between Gree Electric and Yinlong New Energy can be traced back to 2016. Dong Mingzhu, chairman and president of Gree Electric, pushed Gree Electric to buy Yinlong New Energy because of his optimistic market prospect of new energy vehicles, but this proposal was rejected at the shareholders’ meeting. Soon after, as a natural person shareholder, Dong Mingzhu, together with his friends Wang Jianlin and Liu Qiangdong, invested 3 billion yuan in Yinlong New Energy, and Dong Mingzhu became the second largest shareholder of the company, holding 17.46%.

　　In November 2018, Zhuhai Yinlong experienced twists and turns in company management disputes. At that time, Yinlong New Energy Co., Ltd. issued a statement saying that during the performance of their duties, the new board of directors, the board of supervisors and the management of the company found that Wei Yincang, the former chairman, and Sun Guohua, the former president, were suspected of encroaching on the company’s interests by illegal means, amounting to more than 1 billion yuan. The company has filed a civil lawsuit with Zhuhai Intermediate People’s Court, and the Economic Investigation Detachment of Zhuhai Public Security Bureau has reported the case, and the relevant institutions have officially accepted it.

　　In September, 2021, Gree Electric announced that the company won 30.47% equity of Yinlong New Energy by participating in the public auction of judicial auction, and Dong Mingzhu also entrusted Gree Electric to exercise the voting rights corresponding to its equity of Yinlong New Energy, and Yinlong New Energy became a holding subsidiary of Gree Electric.

　　On February 2nd, the reporter of Economic Observer Network called the Gree Electric investor hotline to inquire about the above-mentioned new energy bus fire, but as of press time, the phone could not be connected.

　　Since the popularization and application of new energy vehicles in China, the incidents of fire of new energy vehicles have frequently appeared in newspapers. But a single large-scale fire is still rare. Judging from the scale of the damaged vehicles, the number of passenger vehicles in Sanya this time is second only to the fire accident of Beijing Xiedao electric bus a few years ago.

　　On May 1, 2017, cars caught fire in the parking lot of Xiedao Resort Park, Dongwei Road, Chaoyang District, Beijing, and a total of 89 new energy buses were burned, all of which were produced by An Kai buses. Fortunately, the incident did not cause any casualties. According to the investigation results of Beijing Fire Department at that time, the accident was caused by the rapid burning and spreading of piled catkins.

　　At that time, most of the accidents were the 6111K10 pure electric buses of An Kai Bus. It is understood that this model is a pure electric commuter car in the new energy bus products of An Kai Bus, with a body length of about 11 meters, and the energy storage device is Ferrous lithium phosphate power battery produced by Guoxuan Hi-Tech. It is worth mentioning that when the specific cause of the fire was not announced at that time, Star Charging, a bus and charging pile enterprise in An Kai, made a clarification in advance, indicating that the cause of the accident was neither the quality problem of the electric bus itself nor the charging failure.

　　At present, Gree Titanium has two kinds of battery products, including its main technology lithium titanate battery and traditional lithium iron phosphate battery, both of which are applied to new energy buses and special vehicles under Gree Titanium. The specific cause of the new energy bus fire accident in Sanya has yet to be investigated by relevant departments.

　　Cross-border car-building for several years, the road to car-building in Dong Mingzhu has not been smooth. Yinlong Effie, the first MPV model of Yinlong New Energy, has poor sales in the market. The data shows that its sales volume in 2019 was only 2,708 units. In 2021, sales once rebounded, but in 2022, sales fell again.

　　According to the data of the Passenger Association, in 2022, China’s new energy bus market generally resumed growth, with sales of 58,000 units from January to December, an increase of 18%. According to the statistics of China Bus Information Network, in 2022, the sales volume of new energy buses over 6 meters in China was TOP5, Yutong Bus, Suzhou Jinlong Bus, Zhongtong Bus, BYD and CRRC Electric respectively, while Gree Titanium New Energy ranked 12th with sales volume of 1,736 vehicles, down 14.27% year-on-year, with a market share of only 2.82%.

A shares closed down in shock： the Shanghai Composite Index fell by 0.95%, while the Shanghai Composite Index fell by 1.47%.

The shock closed down, and the transaction between the two cities broke through one trillion yuan for five consecutive days.

The three major stock indexes of A shares opened lower collectively on March 22nd. In early trading, the two cities stepped out of the unilateral downward trend, and individual stocks showed a general decline. It picked up in the afternoon, and the decline of the three major stock indexes narrowed significantly.

From the disk, the indexes of CRO, lithium mine, battery recycling, gold, PEEK materials, photovoltaic, new energy vehicles and satellite navigation were adjusted back, while liquor, basic metals, insurance and agriculture were among the top losers. The cultural media sector is on the rise, and Kimi and high-speed copper connection are active.

By the close of March 22, the Shanghai Composite Index fell 0.95% to 3,048.03 points; The Science and Technology 50 Index fell 1.48% to 794.2 points; Shenzhen Component Index fell 1.21% to 9565.56 points; The growth enterprise market index fell 1.47% to 1869.17 points.

So far, this week, the Shanghai Composite Index fell 0.22%, the Kechuang 50 Index fell 1.79%, the Shenzhen Composite Index fell 0.49%, and the Growth Enterprise Market Index fell 0.79%.

Wind statistics show that 924 stocks in the two cities and the North Stock Exchange rose, 4,385 stocks fell, and 43 stocks were flat.

On March 22, the total turnover of Shanghai and Shenzhen stock markets was 1,097.3 billion yuan, an increase of 29.6 billion yuan compared with 1,067.7 billion yuan in the previous trading day, and it broke through one trillion yuan for five consecutive trading days. Among them, the Shanghai stock exchange traded 456.8 billion yuan, an increase of 19.2 billion yuan over the previous trading day of 437.6 billion yuan, and the Shenzhen stock exchange traded 640.5 billion yuan.

According to Great Wisdom VIP, 75 stocks in the two cities and the North Stock Exchange rose by more than 9%, and 18 stocks fell by more than 9%.

On March 22nd, northbound funds had a total net outflow of 3.138 billion yuan, and once reduced their positions by over 6 billion yuan in the afternoon. Among them, Shanghai Stock Connect sold 1.714 billion yuan and Shenzhen Stock Connect sold 1.424 billion yuan. This week, northbound funds accumulated a net sale of nearly 7.8 billion yuan.

Household appliances strengthened against the market, and insurance stocks fell sharply.

In terms of sectors, household appliances strengthened against the market, Fujia shares (603219) rose by over 4%, Changhong Meiling (000521), Biyi shares (603215) and Hisense Household Appliances (000921) rose by over 2%.

Coal stocks strengthened, while Jinkong Coal (601001), Shaanxi Coal (601225), Meijin Energy (000723) and mountain coal international (600546) rose.

Media stocks performed well, with Huace Film and Television (300133), Reader Culture (301025), Zhongyuan Media (000719), Zhongguang Natural Selection (603721) and Palm Reading Technology (603533) rising by more than 10%.

Non-ferrous metals were among the top losers, with Sheng Da Resources (000603), Zhongrun Resources (000506), Feinan Resources (301500) and Xianglu Tungsten Industry (002842) falling more than 4%.

Insurance stocks fell sharply, dragging down non-bank financial sectors, with China Ping An (601318), Rendong Holdings (002647), Xinli Finance (600318) and New China Life Insurance (601336) falling more than 2%.

The computer sector performed poorly, with Zhilai Technology (300771), Rice Information (688631), Desai Siwei (002920), Haofeng Technology (300419) and Chuanda Zhisheng (002253) falling more than 6%.

It is more likely that the subsequent market will enter the shock stage.

Guotai Junan said that the index is in a sideways shock stage, and it is recommended to pay attention to the theme concept sector. In the morning, the two markets opened lower and went lower. The Shanghai Composite Index once fell below the 20-day moving average, but there were only more than 20 stocks that fell more than 7%. There was no obvious panic. In the afternoon, AIGC themes such as media and data confirmation rose sharply, driving the index to stabilize. It is more likely that the follow-up market will enter the shock stage, mainly due to the lack of new impetus for the expected revision. The rebound of the superimposed market has accumulated a large increase, and the upward momentum of the index has weakened. However, from the mid-line point of view, the market microstructure is clear, and the reports of the two sessions clearly put forward "enhancing the internal stability of the capital market", and the bottom of the stock market has appeared. The market is expected to show an exponential shock and the theme concept plate is active.

On the theme, it is suggested to focus on new quality productivity and low-altitude economy/domestic computing power/emerging hydrogen energy. Decision-makers frequently mention "new quality productivity", and policies are expected to focus on the cultivation and development of new industries/new models/new kinetic energy, focusing on: 1) low-altitude economy: policies at all levels lead the acceleration of commercialization, and are optimistic about aircraft manufacturing/parts and flight service companies. 2)AI computing power: led by the "artificial intelligence+"action, the construction of domestic intelligent computing centers is expected to accelerate, and we are optimistic about the domestic optical interconnection/computing chip/Huawei intelligent computing industry chain. 3) Emerging hydrogen energy: industrial policies are intensively introduced, and the hydrogen production-storage and transportation-industrial hydrogen link is opened. We are optimistic about hydrogen production/storage and transportation equipment and fuel cells. 4) Domestic substitution.

Guosheng Securities said that since February, A-shares have experienced nearly one and a half months of repair, and the trading activity has gradually increased. In the case of foreign capital and "domestic capital" simultaneously adding A-shares, the market may have certain sustainability. Technically speaking, the selling pressure around 3090 points of the Shanghai Composite Index needs to be released, and the short-term defensive position is 3030 points. The upward breakthrough needs to continue to enlarge the trading volume, and it is not broken or a good opportunity to add positions. The active theme may continue to focus on new quality productivity, artificial intelligence, low-altitude economy, etc., and pay short-term attention to the main branches such as carbon fiber, AI+PC, consumer electronics and semiconductors. In operation, it is suggested to give priority to bargain-hunting layout and pay attention to high-low switching.

Founder Securities said that China’s cross-border e-commerce continues to be stable and positive, and it is expected to become a new foreign trade format with the fastest development and the greatest potential in the future. AI has rich application scenarios on the supply side of e-commerce (writing emails, optimizing Listing, after-sales service, etc.) and on the demand side (recommendation system, voice assistant, image search, etc.), and it is one of the core tracks for the commercialization of AI at present. At present, with the continuous iteration of AI technology, the continuous enrichment of subsequent related functions is expected to drive the penetration rate to continue to rise. Platform enterprises with AI service capabilities are also expected to form new differentiated advantages through product stickiness, further consolidate their market share and achieve industry leadership.

Seal DM-i real car debut, or 18-250,000, and what is the origin of Seal EV

As a leader in new energy vehicles, BYD is currently thriving. Although it has many models, it has a relatively clear product layout and naming rules. However, there is a new car that seems to break the norm, that is, the DM-i, which was renamed from the Destroyer 07. We know that the previous Warship series was a plug-in hybrid model, while the Marine Life series was a pure electric version. The appearance of the "Seal DM-i" will undoubtedly be a new attempt and change.

After the BYD Seal DM-i mass-produced car rolled off the assembly line not long ago, the real car was finally unveiled recently. It is reported that the new car is expected to start pre-sale in August, and the price range may be 18-250,000 yuan. It will use the DM-i plug-in hybrid power system. So, what are the characteristics of this new car and what is the difference between it and the Seal EV? Without further ado, see for yourself.?

Appearance is more atmospheric

The overall appearance of the Seal DM-i still continues the design concept of "marine aesthetics", which makes people recognize it as a Seal model at a glance, and at the same time adds some unique elements, which have both a sense of grade and a sporty atmosphere.

Unlike the closed front grille design of the SEAL EV, the air intake grille design of the SEAL DM-i is inspired by the ripples of the waves. Through trapezoidal openings and chrome decorative strips, the five parallel lines formed are visually impactful. Coupled with multiple flight contours on the front cover, the entire front face is more powerful. The visual center is guided by the BYD LOGO, which also highlights the brand confidence.

The headlights on both sides of the Seal DM-i are relatively narrow and long, the internal far and near lights are arranged horizontally, and the "C" daytime running lights similar to the Seal EV are added, which looks quite unique. The bottom is also equipped with a vertical imitation air inlet decoration, and there are segmented vertical light strips, which bring a good visual effect after lighting.

In the lower enclosure, the Seal DM-i is also designed with a trapezoidal air intake design, and the interior is a horizontal grille, which effectively stretches the visual width of the front face and adds layering. In addition, the silver trim at the bottom of the front bumper has a regular zigzag shape, like a shark’s mouth, which is also in line with the marine aesthetic design theme.

On the side of the body, the Seal DM-i adopts a more handsome back-sliding shape. The body lines are sharp and smooth, and with the hidden door handle, it presents a rather dynamic body posture. The segmented waist line plays a good role in proportional division, and with the lines of the side skirt, it outlines a very good light and shadow visual effect. The multi-spoke two-color wheels below also show a high-end business style.

In terms of body size, the length, width and height of the Seal DM-i are 4980/1890/1495mm respectively, and the wheelbase is 2900mm, positioning the B + class car. Compared with the Seal EV, although the wheelbase of the new car is 20mm shorter, the length, width and height have increased, especially the length has increased by 180mm, so it looks more slender and atmospheric.

At the rear of the car, the SEAL DM-i uses a lot of horizontal lines to enhance the visual width of the rear of the car. An integrated spoiler is used at the edge of the trunk, cleverly taking on the back shape. The taillights have a through design, and with the newly designed "BYD" letter logo below, it looks more international. In addition, the design of the rear enclosure also echoes the front grille, showing a good sense of movement.?

The interior is more luxurious

Entering the car, we can see that the Seal DM-i adopts a new design style, which is very different from the Seal EV. The low-key color scheme and high-end materials and fabrics present a more prominent sense of luxury and dignity.

The 10.25-inch full LCD instrument becomes embedded, with a fresh and simple interface and different themes to choose from. In addition, a 12-inch W-HUD head-up display is also integrated into the center console, providing a full sense of technology.

The 15.6-inch adaptive rotatable suspension Pad is retained, which is also the iconic configuration of BYD models. It is reported that the new car is the first model under BYD to be equipped with a new generation of DiLink intelligent network system. It is developed from the same origin as BYD. It has one ID exclusive cockpit, full-scene intelligent voice, free dual desktop and other highlights. It has been fully upgraded and optimized in UI interface, interactive experience, and processor performance. The intelligent experience is worth looking forward to.

The steering wheel of the Seal DM-i features a brand-new four-spoke flat-bottomed design, which is also a relatively novel design and may be applied to various models of the BYD Ocean series in the future.

In the central channel area, the Seal DM-i retains the same crystal electronic stop lever as the Seal EV, and is equipped with a 50W high-power wireless charging board, and is equipped with a heat dissipation hole, which is convenient and fast to charge. The layout around the electronic stop lever is relatively regular, and it is easier to operate the car control center together with the mechanical buttons.?

There’s more room.

According to different configurations, the Seal DM-i offers imitation leather, genuine leather, and more sporty fur seats, with some functional differences, but they are all equipped with electric adjustment of the main and auxiliary seats as standard. Except for the entry-level version, the front seat heating/ventilation is not absent, and the high-end models also support the waist support of the main seat and the memory of the driver’s seat. The comfort is not much amazing, but it is still relatively mainstream.

Space is worth mentioning. Take the 178cm-tall experiencer as an example. After the experiencer adjusts to the best position in the front row, there is about one punch in the head space. Keep the front row position unchanged and come to the back row. The head space is about 4 fingers, and the rear leg space is more than two punches. It can be said that it is very generous. And the central floor of the rear row is relatively flat, which is more friendly to the middle passengers.

In addition, thanks to the longer body design, the Seal DM-i’s trunk space also performs well, visually measuring the conventional volume and the expanded volume after the rear seats are reclined, which is better than the Seal EV. The loading capacity has also been improved.?

Completely different powertrain

In terms of power, the SEAL DM-i adopts a front-drive layout and will be equipped with two sets of DM-i super hybrid systems, providing two battery life versions, composed of Xiaoyun-plug-in special 1.5L high-efficiency engine/Xiaoyun-plug-in special turbocharged 1.5Ti high-efficiency engine, with EHS electric hybrid system and DM-i super hybrid special power blade battery.

Among them, the maximum power of the 1.5L engine is 81 kW, the peak torque is 135 Nm, and the matching drive motor has a maximum power of 145 kW and a peak torque of 325 Nm. The official acceleration time of 100 kilometers is 8.2 seconds. Under NEDC conditions, the pure electric cruising range can reach 121 kilometers, and the fuel consumption of 100 kilometers under power loss is only 3.9L.

The maximum power of the 1.5T engine is 102 kW, the peak torque is 231 Nm, and the matching drive motor has a maximum power of 160 kW and a peak torque of 325 Nm. The official 100-kilometer acceleration time is 7.9 seconds. It has 121 kilometers and 200 kilometers of pure electric battery life versions (NEDC operating conditions), and the NEDC power loss fuel consumption is 4.2L-4.4L/100km.

In addition, the SEAL DM-i uses the front McPherson + rear five-bar combination in terms of suspension system, which will also be the first super hybrid model under BYD to be equipped with this suspension. It is expected that it will adopt a more comfortable setting in terms of adjustment and be closer to the needs of household and business travel.?

Summary:After seeing the real car, in fact, although the Seal DM-i and the Seal EV have similar appearance and interior design, they are completely different in terms of body structure, power configuration, etc., and this car is more prominent in terms of space, comfort and luxury. It is more suitable for family cars or business cars. If you give more surprises on the basis of the 18-250,000 price, it still has great potential for explosion. I don’t know what you think of this new car. Let’s discuss it together.

On the 11th, institutions forced the purchase of 6 shares, which were extremely undervalued

　　Great Wall Motors

　　July Production and Sales Express Comments: Production and sales continue to recover, globalization accelerates

　　Event overview: On August 8, 2022, () released the July production and sales express: July automobile production 102,200 vehicles, + 15.02% year-on-year; automobile sales 101,900 vehicles, + 11.32% year-on-year.

　　The order of production and sales has been restored smoothly, and the sales performance in the second half of the year is expected to continue to improve. Great Wall’s automobile sales in July 101,900 units, + 11.32% year-on-year/month-on-month + 0.73%, positive year-on-year growth for two consecutive months, and positive month-on-month in July, the company’s production and sales continued to recover. In terms of sub-brands, Haval/Tank/Euler/WEY/pickup truck sales were 6.13/1 25/0.88/0.30/1 6,300 units, respectively, + 7.14%/+ 128.03%/+ 21.76%/-24.26%/-7.53% year-on-year, of which tanks performed well in the same month-on-month, mainly driven by tank 300 and 500 series sales. In the first half of the year, the supply chain restricted the release of production and sales. With the recovery of the supply chain after the epidemic and the gradual supply of ESP With the second half of the year, policies such as the introduction of automobiles to the countryside and the reduction of purchase taxes will stimulate consumer demand; supply and demand will quickly resume the cycle of stacking new products, and the company’s sales are expected to continue to improve.

　　Brand differentiation strategy highlights the effect, product structure optimization to promote the brand upward. sub-brand point of view. 1) Haval: Haval H6 sales 27,600 vehicles, + 7.35% year-on-year; new Haval big dog hunting version sales 10,000 vehicles, + 19.36% year-on-year; Kugou will be listed in August, priced 12.58-14 9,800 yuan, intelligent configuration leading, positioning young client base is expected to bring new volume. 2) Wey: Latte DHT has been listed in ****, further improving the WEY brand product structure, the follow-up dream and other series of new cars are expected to gradually drive brand sales; 3) Euler: Ballet Cat officially listed in July, the second half of the Lightning Cat/Punk Cat will also be listed one after another; 4) ****: **** 300 has been listed so far, the cumulative delivery volume has exceeded 130,000, and the high-end product **** 500 has sold 2,518 monthly. Orders are currently abundant, and the high-end model **** 700/800 is expected to drive the brand volume and price. By optimizing the product matrix, the company’s sales volume of models above 200,000 yuan in July increased to 21% month-on-month. The strong product cycle continues in the second half of the year, and Haval Kugou, Latte DHT, Dream, Lightning Cat, Punk Cat and other models are expected to be launched in the second half of the year. With the intensive launch of blockbuster new cars of various brands, the company is expected to usher in a new situation of rising volume and price.

　　The intelligent transformation is advancing steadily, and the globalization strategy is accelerating. Through the establishment of the Coffee Smart Ecological Alliance, the company has fully integrated the core resources of the upstream, midstream and downstream industrial chain. It has full-stack self-research capabilities in core technologies in the field of full-dimensional intelligence such as intelligent driving, intelligent cockpit, and intelligent services. It is able to provide users with leading intelligent products and digital services, and accelerate the company’s transformation into a global intelligent enterprise. In July, the sales volume of intelligent models accounted for 88.32%, and it is expected to further increase in the future. At present, the company’s overseas cumulative sales have exceeded one million, and it has been exported to more than 170 countries and regions around the world, with nearly 700 overseas sales channels. In July, Great Wall Motor announced that its Brazilian factory produces intelligent new energy models and Great Wall Motor Malaysia Sales Co., Ltd. was officially established. In August, Great Wall Motor signed a contract with EmilFrey to jointly market Wei brand Mocha PHEV and Euler Good Cat. The new car will be officially delivered in the fourth quarter of this year. The company accelerated its expansion into the European market and accelerated the implementation of its globalization strategy.

　　Investment advice: It is expected that the company’s net profit returned to the parent in 2022-2024 will be 95.49/156/18.878 billion yuan respectively, corresponding to 31/19/16 times the current share price PE. It is expected that the company will fully benefit from the industrial policy, optimistic about the company’s electric intelligent development and multi-brand Strategy and Development, and maintain the "recommended" rating.

　　Risk warning: raw material prices fluctuate, chip supply is less than expected, and epidemic control is less than expected.

　　Changan Automobile

　　Independent sales continue to improve, and the dark blue SL03 and Avita 11 are expected to promote the growth of new energy vehicle brands

　　The overall sales volume of Changan Automobile increased steadily. The overall sales volume of Changan Automobile in July was 200,900, an increase of 12.9% year-on-year; the overall sales volume from January to July was 1.3267 million, a decrease of 3.8% year-on-year. Under the superposition of the continuous improvement of the domestic supply chain and the stimulus policy of car purchase, the overall sales volume of Changan in July achieved steady growth.

　　Changan independent sales continue to improve, deep blue SL03 and Avita 11 is expected to drive the independent new energy brand upward. Changan independent brand sales in July 128,300, an increase of 35.6%, an increase of 8.5% month-on-month; 1-July cumulative sales of 757,500 vehicles, a slight increase of 0.4% year-on-year, Changan independent brand sales in July with the same month to maintain growth trend. Changan independent brand new energy sales in July 23,400 vehicles, an increase of 84.2%; 1-July cumulative sales of 108,400 vehicles, an increase of 116.3%. In July, Changan Lumin sales 7,400 vehicles, Benben E-star sales 10,100 vehicles, CS75 sales 21,400 vehicles, Yidong sales 17,800 vehicles, UNI-V sales 15,600 vehicles. The first model SL03 of Changan new pure electric brand dark blue was officially launched on July 25, 515 pure electric version/705 pure electric version/1200 extended range version/730 hydrogen electric version priced at 18.39/21 59/16.89/699,900 yuan, dark blue SL03 cockpit system is equipped with "Changan Smart Core" vehicle domain controller and cockpit domain controller based on Qualcomm 8155 chip, standard 14.6-inch intelligent rotating sunflower screen, 10.2-inch full LCD instrument, 1.9m2 star panoramic canopy system and other high-end hardware, support gesture recognition, 3D holographic face login, Bluetooth/NFC digital key and other humanized functions; deep blue SL03 intelligent driving system comes standard with 6 ultrasonic radars, 3 millimeter wave radars and 6 cameras, which can realize active emergency braking, lane departure warning, lane departure warning L2-level auxiliary driving functions such as hold and reverse lateral warning, and a high-level smart driving system equipped with 28 sensors is available. The cockpit and smart driving configuration are more outstanding among models at the same price. In addition, the Avita 11 jointly built by Changan, Huawei and () was officially launched on August 8, priced 34.99-40 9,900 yuan, with a cruising range of 555km/680km, the fastest 100-kilometer acceleration of 3.98s, and good power and battery life. Avita 11 will be fully equipped with Huawei HI full-stack smart car solutions and advanced battery technology in Ningde Times. It is expected that Avita 11 and dark blue SL03 will have strong product competitiveness, which is expected to drive Changan’s independent new energy brand to continue to rise.

　　Changfu and Changma sales are slightly under pressure in the short term. Changan Ford sold 23,600 vehicles in July, down 9.4% year-on-year; the cumulative sales volume from January to July was 147,000 vehicles, down 7.3% year-on-year. Changan Mazda sold 8,000 vehicles in July, down 20.0% year-on-year; the cumulative sales volume from January to July was 71,700 vehicles, an increase of 1.9% year-on-year. In terms of new cars, the new Mondeo and new Focus models have been listed recently, and the new Explorer will also be launched in August. It is expected that the launch of new cars will help the sales of joint venture brands to gradually improve.

　　Forecast 2022-2024 net profit to the parent 85.54, 94.08, 11.431 billion yuan, comparable to the company’s 22-year average PE26 times, give the company 22 years PE26 times valuation, target price 22.36 yuan, maintain buy rating.

　　Risk warning

　　Changan Ford sales are lower than expected, Changan Mazda sales are lower than expected, and Changan independent brand sales are lower than expected.

　　Kweichow Moutai

　　2022 Semi-Annual Report Comments: Q2 Potential Energy Remains, Reform Dividends Continue to Release

　　Event: () released the 2022 semi-annual report, 22H1 operating income 59.444 billion yuan, an increase of 17.20%, net profit to the parent 29.794 billion yuan, an increase of 20.85%. Q2 single quarter total revenue 26.256 billion yuan, an increase of 15.89%, net profit to the parent 12.549 billion yuan, an increase of 17.29%.

　　Q2 series of wine growth is higher, the proportion of direct sales has increased significantly, and the contribution of e-commerce platforms has increased. Although the epidemic has been repeated in the second quarter, Moutai’s demand toughness is more prominent, and mobile sales have not been greatly affected. Q2 single-quarter revenue achieved a year-on-year growth rate of nearly 16%, in line with previous market expectations. 1) By product, 22Q2 Moutai/series wine revenue 211.05/41 70 million yuan, an increase of 14.97%/22.02% year-on-year. Moutai’s performance is solid, and the growth rate of series wine is relatively prominent. It is estimated that Moutai 1935 contributed a higher increase. 2) By channel, 22Q2 direct sales/wholesale channel revenue 100.62/152 13 million yuan, an increase of 112.87%/a decrease of 10.76%, sales channels continue to optimize, direct sales channel revenue significantly improved, accounting for 39.81% of the main business income, year-on-year/month increase 18.1/6 pct, the end of March e-commerce platform "i Moutai" on-line trial operation, Q2 contribution is higher, to achieve alcohol tax-free income 4.416 billion yuan, of which Moutai 1935, Xiaomao 100ML in the e-commerce platform performance is better, the traditional wholesale channel revenue continued to decline after Q1. 3) As of the end of Q2, the company’s total number of dealers 2188, compared with the end of Q1 decreased by 2.

　　Profitability has increased steadily, and cash flow has been disturbed in stages. 1) 22Q2 gross profit margin is 91.78%, a slight increase of 0.77pct year-on-year. The estimated average price has increased under the optimization of channel structure. In addition, the proportion of series wine has increased, or there is a certain impact on the gross profit margin. 2) 22Q2 sales expense rate is 3.72%, a slight increase of 0.53pct year-on-year, management and R & D expense rate is 5.86%, a decrease of 1.72pct year-on-year. Taxes and add-ons account for 16.66% of total revenue, an increase of 2.86pct year-on-year, and a comprehensive net profit rate of 47.79% to the mother, an increase of 0.57pct. 3) 22Q2 sales cash return is 29.669 billion yuan, an increase of 6.08% year-on-year. Combined with Q1 cash return, an increase of 41.20% year-on-year, the estimated rhythm has been adjusted. Net cash flow from operating activities in Q2 was 6.865 billion yuan, a decrease of 70.42% year-on-year. Net cash flow from operating activities in the first half of the year was negative, mainly due to the decrease in the net increase in customer deposits and inter-bank deposits of holding subsidiary finance company and the increase in the net increase in deposits with the central bank and inter-bank deposits. Contract liabilities as of the end of Q2 were 9.669 billion yuan, an increase of 1.347 billion yuan from the end of Q1.

　　Profit forecast, valuation and rating: Under the Q2 epidemic, the company’s operating resilience and performance certainty are strong. At present, most regions have completed the July payment and arrived one after another. It is estimated that the payment progress is 60% +. The batch price of Feitian Moutai bulk bottles is 2750-2800 yuan/bottle, and the batch price of whole boxes is about 3,100 yuan, which is relatively stable. The company will continue to reform its marketing. The follow-up "i Moutai" is conducive to enriching direct sales channels and strengthening () coordination. In addition, since the end of last year, it has launched rare Moutai, Year of the Tiger Zodiac Wine, Moutai 1935, 100ML Feitian Moutai, etc., to optimize the product structure. Continuous reform releases dividends, 22-year growth is expected to accelerate, maintaining the 2022-24 EPS forecast of 49.21/57 29/65.84 yuan, and the current stock price corresponds to 39/33/29 times P/E, maintaining the "buy" rating.

　　Risk warning: high-end Baijiu demand is weak, channel reform is less than expected, and domestic epidemics are repeated.

Ford Mondeo ＂odor＂ tracking： manufacturers come up with a preliminary solution

　　In recent days, Litchi News has continuously reported the news that many new Mondeo owners reported the odor in the car. Ms. Zheng, a citizen, began to complain in late February, but was kicked by the manufacturer and the 4S store. After many reports from Litchi News, this morning, Jiangsu Fulian Ford 4S store and Ford manufacturers finally came up with a preliminary solution.

　　Ms. Zheng bought the car in April 2016. She said she had not felt any problems with the car before, but after the spring of this year, she could smell a bad smell every time she opened the window. Since then, Ms. Zheng has reported to the 4S store and the Mondeo manufacturer many times, but the problem has never been solved.

　　Car owner, Ms. Zheng: During our second maintenance, the engineer smelled that there was indeed a bad smell, but we had to wait for the manufacturer. The 4S store said to wait for the manufacturer. The manufacturer said to find a 4S store, and now both sides are kicking balls. It has been a month since the report.

　　Ms. Zheng is not the only owner who reported the odor in the Mondeo. The owner, Mr. Liu, also said that the new Mondeo he bought in late March 2016 had the same problem.

　　Owner, Mr. Liu: It is a rotten rotten egg smell, can not say the strange smell, very bad smell, if the air conditioning domestic circulation time for a long time, the eyes hurt. 5 out of 10 car friends are smelly, sunroof opened negative pressure has seven or eight.

　　So what is the odor in the car? On March 6, the reporter accompanied the technicians of Weizhen’s car inspection to test Ms. Zheng’s vehicle and found that if the sunroof was opened during the driving process, the instrument showed that the air quality had reached a mild level of pollution.

　　Jiang Linhui, the technical supervisor of Weizhen’s vehicle inspection: closing the sunroof is around 120, and the maximum value of the sunroof is 146, which has reached the highest value of mild pollution. The domestic circulation and external circulation are opened, and the value is normal. We initially judge that the odor is the taste of the rubber strip.

　　So, how should this problem be solved? This morning, the reporter once again came to the Fulian Ford 4S store in Jiangning Dongshan Automobile Park. Ms. Zheng’s family said that under the continued attention of Litchi News, the manufacturer and the 4S store finally have an explanation.

　　Ms. Zheng’s family: They mean to rule it out a little bit, not sure what the problem is. It may be that the sealing ring is too sealed, and the outside air cannot enter, and the negative pressure generated by opening the skylight will blow the smell in.

　　Chen Hui, the service manager of the 4S store, said that the manufacturer has come up with a preliminary solution, and they will replace some of the rubber products in the car.

　　Chen Hui, Service Manager of 4S Shop: To eliminate other odors, his car was soaked in water before, and the smell will also be there. Change it to the latest batch of water cutting. Now that the order is placed, it will be assembled when the goods arrive. The carpet trunk cushion also smells, and it will also be replaced at that time. The air conditioner has been used for a year, and it will also be sterilized.

　　After this series of measures, will the odor problem in Ms. Zheng’s car improve significantly? We will also continue to pay attention.

Can a limited-time one-off price for the Passat 380TSI family boost sales？

This is a domestic car news: brothers and sisters, the much-watched new 380TSI family carrying Passat Pro is finally on the market, this time a total of 5 models, the price range is 176,900 – 239,900, currently SAIC Volkswagen launched a limited time price, the final price range is 159,900 – 223,900. Among them, the 2025 Passat outstanding limited time price range is 159,900 – 179,900; the new Passat Pro limited time price range is 189,900 – 223,900, this article we talk about how to buy the new Passat 380TSI family?

The new Passat Pro has two sets of exterior designs, among which the Pioneer version of the front bar adopts a spoke-type air intake grille design, which is similar to the overseas B9 Passat design, while the Star version uses a blackened front bar design, which is full of sports. In terms of size, the Passat Pro is more than 5 meters long and reaches 5006mm, and the wheelbase has not changed. It is still the familiar 2871mm.

In terms of cockpit design, the interior layout of Passat Pro is basically the same as the new one. There are three screens on the center console, with a 10.3-inch instrument screen in front of the driver, a 15-inch floating screen in the center, and an 11.6-inch entertainment screen in front of the co-pilot. The 15-inch central control screen is embedded with Volkswagen’s latest car system, and the Qualcomm Snapdragon 8155 chip is behind it. In addition to supporting wireless/wired Apple CarPlay, Baidu CarLife, Huawei HiCar mobile phone interconnection, AR real-life navigation, V Mate smart assistant + voice interaction, and in-car Tencent ecology, this time Passat Pro also joined the "Intelligent Voice GPT" in cooperation with Baidu.

In terms of power, SAIC Volkswagen has updated the 380TSI family this time, and two outstanding models have come out with the Passat Pro. The 380TSI power is very familiar to us. It is a Volkswagen high-power 2.0T four-cylinder turbocharged engine with a maximum power of 162 kW and a peak torque of 350 Nm, and is matched with the Volkswagen DQ381 seven-speed wet dual-clutch transmission.

How to choose the configuration?

There are two directions, first of all, whether you like the appearance of Passat Pro, and second, whether you pay attention to high-power 2.0T, it is easy to choose a car around these two points. If you only pay attention to high-power 2.0T, in fact, it is more suitable to buy the outstanding model, and now the limited-time price of 159,900 yuan is even cheaper than the 280TSI outstanding business version. Looking at the configuration, it is even higher than the outstanding 280TSI business version. There are more front parking radar, adaptive cruise, panoramic sunroof, leather, seat heating and ventilation, co-pilot boss keys, etc. Do you know if the brothers and sisters who buy the 2025 business version are in a good mood?

If you like the appearance of the Passat Pro, no problem, three models are waiting for you to choose? At this time, your choice lies in one of the two appearances, is it the Pioneer version? Or the Star version? The Pioneer version is calm; the Star version sports, choose according to your own preferences.

The configuration level is divided into Longyao, Longyun and Longzun. If you look at the guide price, the price difference between the three configurations is 20,000, but now under the limited-time price, Longzun is only 14,000 yuan more expensive than Longzun. The added configuration includes: 19-inch wheels, electric adjustment of rear seats, heating of rear seats, ventilation and massage, front seat massage, Hamanka 16 speaker sound system, rear sunshade, car fragrance, etc.

Therefore, the corner master’s personal opinion is that he has already taken a fancy to the Passat Pro. Why not go directly to the top with the Dragon Zun version in one step? It has given you all the configuration you should have, and it improves the seat comfort compared to the Dragon Xunyun version. As for the limited-time one-off price, what is the discount range for the later end point? Please stay tuned.

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