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General Administration of Market Supervision: Strengthen the supervision and punishment of live broadcast with goods.

  CCTV News:On April 26th, the State Council held a press conference on the Annual Report on Combating Infringement and Counterfeiting in China (2022). A reporter asked, e-commerce and live broadcast selling fake and shoddy goods and false propaganda have always been the focus of people’s attention because of the difficulty of safeguarding rights and governance. How to treat this problem? What are the countermeasures?

  In this regard, Gan Lin, deputy director of the State Administration of Markets, said that the e-commerce platform and live delivery have developed rapidly in recent years, and some new problems have emerged while providing convenience for our consumers. During the "double 11" last year, China Consumers Association used the Internet public opinion monitoring system to analyze the consumer rights protection situation from October 20th to November 13th. During the monitoring period, a total of 509,000 pieces of negative information about "live sales" were collected, accounting for 9.3% of the total information about "spit". Among them, counterfeiting, wrong version of goods, preferential differences and so on are the main problems.

  Through the monitoring data, we can also see that in the past promotion activities of e-commerce, such as the well-known chaos as "rules are difficult to beat the last payer" and "routines are getting more and more attractive", consumers’ evaluation of e-commerce platform to simplify promotion rules and enhance consumption experience tends to be positive, but problems still exist, mainly in two aspects: First, some business households have a weak sense of integrity; Second, some platforms have not done enough to improve consumer satisfaction and sense of gain. When it comes to countermeasures, we mainly strengthen related work from three aspects:

  First, clarify and compact the platform responsibilities. Guide merchants and platform enterprises to strengthen "self-discipline", strengthen the awareness of integrity and rules, take the initiative to fill the shortcomings in implementing the main responsibility and restricting the management and control of operators in the platform, and continuously improve the satisfaction and acquisition of online shopping.

  The second is to increase supervision and punishment. In view of the new mode and new format of live broadcast with goods, on the one hand, we must adhere to inclusive and prudent supervision, on the other hand, we must keep the legal bottom line and ensure development in norms. For the platform with poor management and frequent problems, we should urge it to be rectified and implemented by interviewing and ordering it to make corrections; Anchors and businesses that obviously violate laws and regulations or harm consumers’ rights and interests should be severely punished according to law, and blacklisted according to the degree of infringement, so as to enhance the effectiveness and deterrent effect of supervision.

  The third is to raise the awareness of consumers. Through publicity and guidance, we call on consumers to constantly improve their self-protection awareness and risk prevention ability, clarify the boundaries of rights and interests, avoid blind impulses, achieve scientific consumption and rational rights protection, and participate in online promotion more maturely, confidently and responsibly.

On November 9 th, the news was counted.

  The three major indexes oscillated and sorted out the coal and photovoltaic sectors, with the top gains.

  Up by 0.03%,Down 0.2%,It fell by 0.23%. The turnover exceeded 960 billion, and coal, photovoltaic,The plate was among the top gainers, and the media,The automobile sector was among the top losers.

  More than 100 funds rose more than 10% and medicine became a big winner!But was urgently warned.

  Since the CSRC issued a package of policies and measures on "activating the capital market and boosting investors’ confidence" on August 18th, a large number of equity funds have recovered strongly in the rebound market. As of November 8th, the highest rate of return of some funds exceeded 20%. Many funds have even increased more than the increase in the past year, restoring the high elasticity of the past and successfully countering the previous market query that "initiative is not as good as passivity". View the original > > >

  Results released: the second batch of science and technology innovation 100Total fundraising is 5.5 billion yuan!

  In the fund market at the end of the year, Kechuang 100ETF "rolled up to fly". The second batch of science and technology innovation 100ETF, which has received much attention, has been freshly released.It shows that the total fundraising scale of the second batch of three science and technology 100ETFs exceeds 5.5 billion, of which the highest fundraising scale of a single one is close to 3.9 billion yuan, which is the highest fundraising record of the current science and technology 100ETF and the best equity fund raised in this fourth quarter.View the original > > >

  Approaching 2 trillion! How to become a "smart" investor when ETF continues to be hot?

  Since 2023, especially since the fourth quarter, the market’s attention to ETFs has continued to heat up. On the occasion of the market-wide ETF approaching 2 trillion, November 6,uniteWaiting for 9 familiesTogether, launch "Insight: 2023 ETF Investor Behavior Trend Report. The Report publicly solicited relevant questions from investors in the form of questionnaires. Through in-depth analysis of over 6,500 valid questionnaires, it revealed the current investors’ cognition of ETF and the behavioral characteristics in ETF trading.View the original > > >

  Full coverage, heavy punches and no blind spots. The CSRC will promote the standardized operation of private equity funds throughout the process.

  ShanghaiThe reporter was informed that the CSRC is comprehensively revising the Interim Measures for the Supervision and Management of Private Equity Funds, formulating supporting normative documents, clarifying the entry threshold and continuous normative requirements for private equity fund managers, strengthening risk source control, delineating the regulatory bottom line, and promoting the standardized operation of private equity funds throughout the process.View the original > > >

  Shanghai and Shenzhen Stock Exchanges issued five measures to regulate refinancing investment bankers: It is expected that a large number of refinancing plans will be limited.

  On the evening of November 8, the responsible persons of Shanghai Stock Exchange and Shenzhen Stock Exchange respectively answered questions from reporters on optimizing the refinancing supervision arrangements. Among them, the Shanghai and Shenzhen stock exchanges have introduced five specific measures to optimize the refinancing supervision arrangements, including strictly restricting the refinancing of listed companies in the case of breaking the net; Strictly control the financing interval of continuous loss-making enterprises; Pay attention to refinancing with a high proportion of financial investment; Strictly control the use of funds raised before; Strictly check the relevant requirements that the funds raised by refinancing are mainly invested in the main business.View the original > > >

  Starting todayWhat is the truth about the limited scale of DMA and OTC stock securities lending? Look at three interpretations

  Many securities firms have received the regulatory notice, requiring that starting from November 9th (today), the "nominal principal scale =max (long and short portfolio, short portfolio)+non-long and short portfolio" of DMA business should be quantified at the end of each day according to the manager’s dimension, and the quota can be adjusted between different products under the manager.

  At the same time, the scale of quantitative DMA business is also limited. The notice shows that from November 9, the nominal principal scale of OTC stock short selling at the end of each day according to the manager’s dimension (ETF will not be affected for the time being, and subsequent caliber updates will be notified separately) cannot exceed the nominal principal scale at the end of November 8, and the quota can be adjusted between different products under the manager.View the original > > >

  Bureau of Statistics: OctoberDown 0.2% year-on-year Down 2.6% year-on-year

  In October 2023, the national consumer price dropped by 0.2% year-on-year. Among them, the city decreased by 0.1% and the rural area decreased by 0.5%; Food prices fell by 4.0% and non-food prices rose by 0.7%; Consumer goods prices fell by 1.1%, and service prices rose by 1.2%. From January to October, the national consumer price rose by 0.4% over the same period of last year. In October 2023, the ex-factory price of industrial producers nationwide decreased by 2.6% year-on-year, which was the same as the previous month. The purchase price of industrial producers decreased by 3.7% year-on-year and increased by 0.2% quarter-on-quarter.View the original > > >

  concentrateThe proportion of equity assets of listed companies is still low, and some insurance funds will take the opportunity to increase their positions.

  Recently, the pace of insurance research on A-share listed companies has accelerated. The data shows that since October, as of November 8,Institutions (including companies and asset management companies) have investigated A-share listed companies for more than 4,000 times.View the original > > >

  Or the latest improved version for China will be launched.

  According to the sources in the industrial chain, the latest improved series of chips have been developed for China: HGX H20, L20 PCle and L2 PCle. According to people familiar with the matter, the latest three chips are improved from H100, and will be announced as soon as possible after the 16th of this month, and domestic manufacturers will get the products in these days at the earliest. As of press time, there is no response from NVIDIA.View the original > > >

  Huawei big news! After asking the boundary, the intellectual boundary came.

  Following the "asking the world", the "intellectual world" has also come. The reporter of Times E Company was informed that asThe second brand under the smart car selection mode is also the high-end created by Huawei and Chery.The car brand, Zhijie S7 (pure electric coupe), the first model of Zhijie, will be officially released and pre-sold in Shenzhen tonight (November 9), which is also the first car under Huawei’s smart car selection mode.View the original > > >

  Open source: the media sector is expected to usher in againAnd estimate upward resonance.

  Open source securitiesIt is pointed out that after the media sector reached the high point of valuation in June 2023, the valuation has dropped significantly since the third quarter. In terms of performance, Q3 is stable and positive, Q3 for film and television is greatly improved, Q3 for publishing continues to be stable, and Q3 for advertising is under pressure. However, with the arrival of e-commerce consumption peak season, Q4 is expected to start to improve. With the continuous release of content supply, as well as the continuous upgrading of large-scale models and multimodal applications, the media sector is expected to once again usher in the upward resonance of performance and valuation.View the original > > >

  Hao Miao: Medical valuation has reached the bottom to pay attention to industrial investment opportunities.

  Hao Miao said that after more than two years of decline, the pharmaceutical sector has fallen to a very low position in the historical valuation range, and the space for the whole sector is really limited. Although the policy has a great influence on the pharmaceutical industry, the direction of policy care, support and encouragement for the industry has not changed. Judging from the situation in the past year or so, there have been obvious changes and improvements in the policy.View the original > > >

  Investment strategy of real estate sector in 2024: recommend four types of targets.

  The research report on the investment strategy of the real estate sector in 2024 is released, and it is believed that the road of butterfly change of housing enterprises in the future has been clear, and the optimization of business model and return performance will naturally drive the valuation center to rise. The suppression of the long and short dimension valuation of high-quality targets is now reversed. The four types of targets are in the key window of short-term valuation suppression and slow release, and the prospect of long-term central uplift is becoming clearer.View the original > > >

  : high-quality housing enterprises in high-energy cities are expected to benefit first.

  On November 9 th, the research newspaper pointed out that the decline in real estate sales narrowed in October, and second-tier cities performed outstandingly. In October, the A-share financing of housing enterprises fell again, the scale of bond financing stabilized, and the financing cost decreased to 3.59%. Four single-consumption REITs were audited in Shanghai and Shenzhen Stock Exchanges.View the original > > >

  

"Above the Cliff" should be watched, but also know how to watch it.

Just today, the May 1st gear was officially launched.

The industry and the market have been waiting for a long time.

Although I am not in a hurry to make a comeback for the second big schedule in 2021, it should be said that from the perspective of the industry, the first thing I think of is "Above the Cliff", no matter from the pre-screening or the announcement.

It’s not just three rounds of screening and a grand premiere, it’s as simple as showing your confidence to the market. Many people may think that Zhang Yimou+all-acting lineup+strong genre film attributes have their inherent advantages, which is true, but we often ignore the fact that-

It has been 12 years since the last Chinese spy war classic "Wind" on the big screen.

Spy GameThis is the key and even more difficult point of breaking the ice in the market of Above the Cliff.

How to use Xuanfa to break the ice, we will talk about it later. What we should pay attention to today is the result of this ice breaking.

I’m not sure yet. Above the Cliff is the one with the best reputation in May 1st, but it is.The audience is the largest.The one. For most viewers, from parents and children (preferably over 13 years old) to lovers and friends, all kinds of choices are compatible.

In fact, it is not easy for a spy film to do this.

At present, the box office prospect of "Above the Cliff" is not bad, so I also want to talk about two topics-

First, why a good spy film is so rare;

The second is how to appreciate a high-quality spy film.

For those who haven’t seen the film, the right is a movie guide.

Why are high-quality spy films so rare?

Director Gao Qunshu said after watching the film at the premiere on the 24th,After the wind, there are legends.

The familiar audience can understand the old story behind this statement-

The Wind 12 years ago showed us the development potential of China’s films in spy wars and genre films. After the wind on the poster, there was no legend in the world.

Indeed, the goodness of The Wind, even if it is reread after 12 years, is still undiminished and even more missed. But this, in turn, highlights that problem—

This type of spy war is difficult to produce classics.

First, the type elements are relatively complex.

Different from the more focused types such as love, comedy and action, it is very complicated to make a spy film, and it is natural to control and consider the content.

Take "Above the Cliff" as an example-

First of all, history and suspense are two basic types of elements in movies, corresponding to each other.Script and artIt becomes a top priority. In the 1930s, Harbin was full of exotic atmosphere, and the core elements of the battle of wits and courage between the enemy and the enemy eventually became the highlights of the film.

Secondly,Action and emotion(including love, affection and friendship) are the other two core elements of the film, or additive elements.

As a strong genre that can be taken out independently, it is not difficult for a film to make a strong effect in a limited space.

It should be said that "Above the Cliff" is also well done.

From train fighting, alley chasing to racing on a snowy night, the action design with great tension in a small pattern is remarkable.

As the key to sublimation, emotional drama is even more delicate. Careful taste is full of quiet forbearance, sacrifice regardless of gains and losses, and trust beyond life and death.

Finally, all the type elements are designed to give a strong contrast at the end.Heroic feelings.

This may be regarded as a small advantage of spy movies. When many types in front are mastered freely, the charm of a group of unsung heroes like agents will naturally be maximized.

In short, the complex genre elements determine a spy film, which is a great test for the director, screenwriter, actor and the whole creative team including all the behind-the-scenes staff.

Second, directors and screenwriters need to make clear and subtle choices in creation.

One phenomenon is that there are obviously more spy war dramas than spy war movies. The reason is also simple-

The theme of spy war is complex in type, and the story and emotion are amazing in thickness, so it needs enough time to complete the foreshadowing and expression. Therefore, the length of coming from the screen to the screen was limited at that time, and the test was the director and screenwriter.Make a Dojo in a snail’s shellThe ability.

This requires the screenwriter to complete a text choice in the early stage of creation, and the director should clearly strengthen it in shooting and post-editing.We should pay more attention to the type elements, and how to improve the narrative effect through the lens language, and finally raise the emotional concentration with the finishing touch..

Every detail, see the skill.

Director Zhang Yimou and screenwriter YongXian Quan

On the Cliff, the choice of editing and directing is also very beautiful. We will discuss this part below.

The third is the natural sense of distance of the spy war theme.

As mentioned earlier, the advantage of the spy war theme lies in its own heroic complex, but we should also see that when this theme comes from a small screen to a big screen, the sense of distance may be an important factor for many creators to retreat when they are watching movies.

The strangeness to history and alienation from the drama of the times test whether the creator can let the younger generation get it from a spy film.Don’t lose the pleasure of watching movies like other mainstream films..

This may also be the reason why many people take off their hats to Zhang Yimou after watching the movie.

His exuberant creative energy, his willingness to get closer to young audiences and his courage to face difficulties are all impressive.

For "On the Cliff", it is precisely because of overcoming these three major problems that there is a legend after that rumor.

How to enjoy a high-quality spy film?

Spy movies are rare, and once they appear, they are naturally worth seeing again.

For most viewers, if "Above the Cliff" is regarded as a high-quality genre film, it is not necessary to gulp down a lot of excitement. But it is inevitable that some potential fun will be lost.

So, how to appreciate a high-quality spy film-

Brush and clear the story.

The plot of the film is not complicated. In a word, it is a very small-scale trick between enemy and enemy agents during the Anti-Japanese War. But a good genre film is like this, telling a simple story in a complicated way and telling it brilliantly.

What I want to focus on here is the so-called creative choice mentioned above.

The outrat action carried out by four agents is not so much the main line of the film as a key McGovern, and this action leads to ten main characters on both sides.

In other words, Zhang Yimou’s purpose this time is not to tell the audience a complete action, but to present the status and destiny of the characters.Behind your wits and moderate blank space, it is the people in extreme circumstances who finally guide and impress the audience..

This choice is strong, which is different from the logic of the drama.Film thinking.

Therefore, the first time you look at it, you enter the story as well as the characters.

Especially considering that the film has designed traitors and undercover on both sides, this arrangement has greatly improved the suspense of the film, especially the sense of substitution of the audience into the fate of the characters.

Two brushes, enjoy the performance.

Fuzzy character identity, extreme living environment and extreme drama tension, the innate conditions of these scripts, when meeting a group of good actors, will inevitably bring a rare and wonderful group drama.

Many viewers who watched the screening talked about Zhang Yi’s electric chair torture and Amanda’s several silent tears, which were the highlights of the film.

However, there are still some bright spots that are easy to ignore in the performance, which need special attention when brushing. The point here is—

The cold and cruel realistic environment, the moment of collision with real human nature.

For example, Zhang Yi was seriously injured and decided to entrust an orphan before his death; Another example is Yu Hewei’s immobility in the face of Dahong Ni’s questioning, and the coffee shop’s timidity in retreating to its subordinates.

The first time you watch it, you may be taken away by the plot. After understanding the whole story, the level of fine performance is another pleasure brought by a good movie.

Three brushes, aftertaste details.

The film is only 120 minutes long. Considering so many characters, high-density narrative efficiency, the internal tension of a single scene, and many good details, you can’t feel it completely once or twice.

Among them, a very important change in Zhang Yimou’s personal creation is-

Compared with the past fascination with empty mirrors and big prospects, this time the energy is completely focused on big close-ups, group image shaping and small-scale group drama.

For those who often have four or five characters in the cross-play-such as the train play at the beginning and the dinner table play in the mansion-it is complicated and even one person brings two identities. Behind every micro-expression, there is a subtle psychology that can suck up the taste.

In addition, some carefully designed small details are also worth feeling carefully.

For example, how to complete the joint code between agents; For example, the comparison of one stop and one kneeling at the end of the shooting scene; Another example is the implantation of cultural symbols of the times from the book Mei Lanfang’s Journey to the United States to the film The Gold Rush.

Don’t underestimate these details-

In terms of film techniques, they are not isolated from the story, but an important part of the main task;

At the level of genre film creation, these are the production modes that China film industry should have. In other words,This is based on our own cultural tradition.Instead of imitating Hollywood step by step.

Of course, another detail that can’t be ignored is the film.Emotional thickness.

Aside from the heroic aura of spy films, it is very important whether a genre film can move people with emotion, whether the characters are grounded, and whether human nature is greater than divinity.

In "Above the Cliff", the agent, who is often full of divinity, is a person with weakness and obstacles. TA are father, mother, husband, wife and lover. Some people think that if Zhang Yi didn’t want to have a look at the children, he might not have been caught. There is a side where the audience substitutes the characters and worries about them, and there is also a consideration that the creators let the characters fall from the sky to the ground, and finally become three-dimensional (even the traitor played by Lei Jiayin, the process of betrayal is also portrayed credibly enough).

It is precisely because human nature has stood, and the divine side is more shocking.

Before the action began, what Amanda said.Alive, go find the child.; Zhang Yi’s old week in the magic cave; Hakodate Zhang Yi whispered to Liu Haocun that he had lived in that small house before, leaving two children whose life and death are unknown now …

Behind the details, such as how much past glory, even how much bitterness, perseverance and faith can be drawn and filled by the brain, the emotional impact among them is very strong.

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Looking back now, at the beginning of the movie, four agents parachuted into the knee-thick Woods and disappeared in an instant; At the end, the task was completed, and the two agents stood looking at the leaving car for a long time.

In history, how many such great things were wrapped in sacrifice and fearlessness, and finally they were quietly hidden under the heavy snow and water, and no one knew it, let alone missed it.

A line repeatedly mentioned in the movie is,It will be fine if it is dawn., see a comment, summed it up very well-

Before dawn, the hero stood silently; After dawn, light and shadow spread the legend.

The unsung hero should not be forgotten, which is the value of the film and the significance of transcending the type of spy war.

From 469,800 yuan! Huawei officially released M9, Yu Chengdong: The best SUV within 10 million yuan is coming.

On December 26th, Yu Chengdong, CEO of Huawei terminal BG and chairman of BU, a smart car solution, officially released the M9, which is divided into two power versions: pure electric and extended range.The price range is 469,800-569,800 yuan, which will be delivered on February 26.

From 469,800 yuan! Huawei officially released M9, Yu Chengdong: The best SUV within 10 million yuan came to 1.
Image source: live screenshot

At the press conference, Yu Chengdong said,The best SUV within 10 million yuan, the most powerful SUV that can be seen on the road-here comes the M9.It is understood that the parts such as the rear floor and the front engine room assembly of Wenjie M9 are all die-cast, and a 9000T press will be used, which integrates many black technologies of Huawei.

It is reported that in terms of battery life, Wenjie M9 is equipped with the fourth-generation extended range platform, with a 52-degree battery version CLTC with a comprehensive battery life of 1402km and a pure battery life of 275km.

From 469,800 yuan! Huawei officially released M9, Yu Chengdong: The best SUV within 10 million yuan came 2.
Image source: live screenshot

Yu Chengdong said that the M9 car in the world was fully equipped with 10 screens. Among them, Wenjie M9 is equipped with a car-level projection giant screen. Through the car-level projector and the 32-inch lifting projection curtain, it supports one-button viewing mode and Huawei’s remote control, recreating the cinema viewing experience.

From 469,800 yuan! Huawei officially released M9, Yu Chengdong: The best SUV within 10 million yuan came 3.
Image source: live screenshot

Yu Chengdong said, Wenjie M9 is equipped with the leading generation of intelligent lighting system, and HUAWEI XPIXEL Huawei Megapixel intelligent projection headlights adopt the original double-reflex spatial optical system, which can be used as a 100-inch outdoor giant screen projection when camping.

The vehicle has 2.6 million pixels of fine lighting with dual lights. The shading adaptive algorithm can be linked with ADS to accurately shade the light, which can realize real-time "matting" of the light. The high beam only illuminates the road and accurately avoids the vehicles in the middle of the road.

From 469,800 yuan! Huawei officially released M9, Yu Chengdong: The best SUV within 10 million yuan came 4.
Image source: live screenshot

According to shanghai securities news, on December 21st, a related person from Celestial (601127.SH) revealed that this large-scale new energy SUV jointly designed by Celestial and Huawei had already harvested 33,000 blind designs before it went on the market. In addition, recently, Zhang Xinghai, Chairman of Sailis, intensively visited the core supply chain enterprises of AITO M9, and made in-depth preparations for "supervising the war".

Previously, Yu Chengdong, managing director of Huawei, CEO of terminal BG and chairman of automotive intelligent solution BU, once said that it "will redefine the best intelligent SUV within 10 million yuan."

Intensive registration of trademarks of "Ask Word Generation" and "Boundary Word Generation" accelerated the landing of Huawei HarmonyOS Zhixing Alliance.

The first financial news, after asking the world and the intellectual world, Huawei Smart Car Alliance is welcoming more members.

The First Financial Reporter found that since the beginning of this year, Huawei is intensively registering the trademarks of "Wen Zi Generation" and "Jie Zi Generation", and the number of registered trademarks has reached nearly 20 respectively.

Among them, the trademarks of "Jiezi Generation" include Tengjie, HarmonyOS Jiejie, Qiqie Jiejie, Xiaoxie Jiejie, Lanjie, Xuanjie, Zhijie Jiejie, Zhiyie Jiejie, Xiangjie Jiejie, Haojie, Yijie Jiejie, Hejie Jiejie, Youjie Jiejie, Youjie, Yaojie and Tongjie Jiejie.

The trademarks of "Wen Zi Generation" include Wen Xiao, Wen Qing, Wen Speed, Wen Xing, Wen Hao, Wen Chi, Wen Cang, Wen Yao, Wen Yue, Wen Hao, Wen Kun, Wen Teng, Wen Xiao, Wen Ling, Wen Ji, Wen Jing and Wen Zhou.

In addition, Huawei has even applied for a "far ahead" trademark of means of transport, while the applied "HarmonyOS Zhixing" trademark is in the stage of "waiting for substantive examination".

A few days ago, after the consultation, the second smart car brand Zhijie jointly built by Huawei and Chery was officially unveiled, and its first model, Zhijie S7, also started pre-sale. At present, the booking volume has exceeded 10,000.

The cooperation modes between Huawei and car companies can be divided into parts supply mode, HI mode (solution mode) and intelligent car selection mode. Among them, intelligent car selection mode is the most involved mode of Huawei in car manufacturing, and it is also the relatively rapid and mature mode of Huawei’s landing in automobile business at present.

With the addition of the intellectual community, Huawei’s "Automobile Corps" has gradually moved towards the road of scale replication. Recently, Huawei’s intelligent car selection model has been officially upgraded to "HarmonyOS Zhixing", that is, "HarmonyOS Smart Car Technology Ecological Alliance", in which both the intellectual community and the intellectual community have been included. Since then, the smart car eco-brand alliance built by Huawei has begun to take shape.

Photography: Xiao Yisi

The First Financial Reporter learned that at present, HarmonyOS Zhixing has two merchants, AITO and Zhijie, on an open platform, and the officially recommended products also include Wenjie M5, Wenjie M7 and Zhijie S7.

Yu Chengdong, managing director of Huawei, CEO of BG and chairman of BU, a smart car solution, said at the above-mentioned press conference that Huawei’s smart car selection model is HarmonyOS Zhixing, and now there are four partners, including Celeste (601127.SH), Chery, Jianghuai Automobile (600418.SH) and Beiqi Blue Valley (600733.SH).

At the beginning of this year, Yu Chengdong once said that Huawei wanted to build an eco-brand alliance of smart car selection, so as to facilitate Huawei’s unified marketing, service and retail with more smart car selection partners in the later period and reduce the complexity of the work. He also explained, "There is no conflict between the car companies that cooperate with Huawei to make smart selection mode. Some make SUVs, some cars, some make MPVs, some make B+ cars, some make C-cars, and some make D-cars. The products made by each car factory do not overlap. I hope they can be combined to become a complete solution in a car system. We will make full use of the production capacity and resources of the car factory and will not waste resources repeatedly.

At present, there are mainly two SUV models under the ownership of Zhijie, and the first model in Zhijie is positioned as a C-class pure electric car. It is reported that the first model jointly developed by Jianghuai Automobile and Huawei is a high-end new energy MPV, and the price may be in the millions. The new car is expected to be mass-produced in the first half of 2025, and the production line is still under construction. The smart car of Beiqi Blue Valley and Huawei is a high-end pure electric car, which will be launched in 2024.

Some observers believe that Huawei may strengthen the label of "HarmonyOS Zhixing" and strengthen the market’s awareness of "HarmonyOS Zhixing" as a smart car selection business.

The reporter learned that at the upcoming Guangzhou Auto Show, the intellectual and intellectual circles will not participate separately, but will jointly participate in the exhibition under the name of "HarmonyOS Zhixing" to jointly exhibit the intellectual circles M5, M7 and S7.

Original title: Intensive registration of trademarks of "Ask Word Generation" and "Boundary Word Generation", and accelerated landing of Huawei HarmonyOS Zhixing Alliance.

Editor: Li Zhoufang Editor: Wu Zhonglan Audit: Feng Fei

"Far ahead" Tan Sir’s experience: Thoughts on M5 Zhijia Edition

   When intelligent driving covers complex urban roads from expressways and loops, high-precision maps are far from being used. Facing the changing road conditions every day or even every hour, it is necessary to get rid of high-precision maps, which is also the key for manufacturers to win.

  So, there is such a dialogue — —

  "You don’t pay attention to the traffic lights when driving, so what do you pay attention to?" "You said that he didn’t pay attention to the head shape, but he didn’t pay attention to safety, which would be wrong!" Sir Tan, an old traffic policeman who has served the police force for more than 30 years, has always broken his heart for everyone’s driving safety. The good news is that Mr. Tan’s heart disease for many years has been completely cured! What is the panacea so effective? The answer is the "double wisdom ceiling" that has just been officially listed — — AITO asks the world M5 Huawei Advanced Intelligent Driving Edition.

  HUAWEI ADS 2.0, the high-level intelligent driving level of zero takeover impressed Tan Sir.

  In the actual test drive experience in Shanghai, Yu Chengdong personally drove the M5 version of Zhijie, carrying Mr. Tan to experience HUAWEI ADS&ensp in the most prosperous and complicated urban area of Magic Capital Shanghai;   2.0 advanced intelligent driving system, the perfect performance of the M5 intelligent driving version shocked the safety experience officer Tan Sir. Tan Sir was deeply impressed by the high-level intelligent driving level of zero takeover, and even shouted the classic golden sentence — — "Far ahead".

  At the intersection where people and vehicles are mixed, the M5 Intelligent Driving Edition will automatically recognize the traffic lights, and can read the remaining time information of the traffic lights to start and stop autonomously. When vehicles in other lanes intrude, take the initiative to yield to ensure safety. After the high-order intelligent driving pilot is started, the M5 intelligent driving version can easily realize unprotected left turn, U-turn and road avoidance in urban areas, the steering control is very linear, and the details are quite in place.

  Excellent hardware and software blessing, excellent actual performance.

  Tan Qiao and Yu Chengdong talked about the safety topic of intelligent driving during the test drive, and Tan Sir felt sorry for HUAWEI ADS    2.0 is like an old driver with millions of kilometers of driving experience. He is completely autonomous and has delicate and steady driving skills, which can always ensure driving safety. Yu Chengdong said that the excellent performance of the M5 Intelligent Driving Edition is the foundation of excellent software and hardware and the blessing behind Huawei’s self-developed algorithm.

  Based on the fusion of BEV(Bird Eye View) network to identify white list obstacles such as cars and people, GOD(General Obstacle    Detection general obstacle detection) network, which can identify a variety of objects outside the general obstacle white list. Based on multi-sensor fusion perception system, combined with road prediction neural network, it can realize traffic element association, road topology reasoning, navigation map matching with real road, etc., and realize that cars can "see" complex road conditions and drive with or without maps.

  When vehicles enter and leave the tunnel, they can identify the special obstacles inside and outside the tunnel, and they can not be afraid of light and shade changes. According to the actual road conditions, they can give early warning and make deceleration or avoidance actions, effectively preventing accidents and greatly improving safety.

  It is worth mentioning that with the continuous increase of the mileage of high-level intelligent driving, Wenjie M5 Intelligent Driving Edition continues to learn advanced with cloud big data AI training, and the ability of high-level intelligent driving will become stronger and stronger, which can cope with more complicated road conditions.

  Huawei’s first intelligent driving interactive game algorithm perfectly solves the problem that intelligent driving encounters difficult road conditions in complex scenes where people and vehicles are mixed, solves the problem of taking over more than 70% of interactive scenes, shortens the transit time by 40%, and makes intelligent driving behave more like an "old driver".

  The perfect high-level intelligent driving performance of the M5 intelligent driving version in the world conquered the safety experience officer, Sir Tan. Before the test drive is over, Mr. Tan said that he has put the M5 version of the intellectual drive in the shopping cart, which is enough to show that Mr. Tan is interested in the M5 version of the intellectual drive and HUAWEI    Absolute recognition and full trust of ADS 2.0 advanced intelligent driving.

British hackers will be extradited to the United States for trial if they invade US military computers (Figure)


Mckinnon, a 42-year-old unemployed computer worker, invaded the US military computer.


  BEIJING, July 31 (Xinhua)-A British computer hacker is suspected of illegally invading the computer systems of the US Navy, Army and Air Force and the Ministry of National Defense in his London apartment, causing damage. The British authorities wanted to extradite him to the United States for trial. He appealed, but the London court ruled that he lost the case on the 30th. It is expected that he will be taken to the United States in a short time.


  According to Sing Tao Global Network, McKinnon, a 42-year-old unemployed computer practitioner, was accused of successfully hacking into 97 computers of the US military and the Ministry of National Defense from 2001 to 2002. Some people described this as the largest hacking incident into the military computer system in history, which made the US authorities extremely embarrassed.


  The chief prosecutor pointed out that the invasion paralyzed the military region responsible for protecting the capital Washington and the New Jersey Naval Ammunition Station. In addition to the military and the Ministry of National Defense, the computer systems of NASA and several private institutions were also invaded by him. The authorities estimate that the financial losses caused by these actions amount to 900,000 dollars.


  Mckinnon will face eight counts of computer fraud in New Jersey and Virginia. If convicted, he will be sentenced to a maximum of 10 years in prison and a fine of $250,000.


  Mckinnon, whose net name is "SOLO", defended himself in the British court, claiming that he was only trying to expose the loopholes in the computer security system of these departments and looking for evidence about UFOs.


  Mckinnon wrote on the website of the British newspaper The Guardian last year: "I am an possessed man." He claimed that he spent a year sitting in front of the computer for an average of eight hours every day, invading the computer system of the US military, not washing and grooming every day, and binge drinking beer and smoking marijuana. He claimed that he had successfully found some photographic evidence to prove the existence of alien spaceships and the names and ranks of "non-human officers".


  The prosecution accused him of deliberately using these actions to try to blackmail the US government. Mckinnon once left a message in a computer of the U.S. military, accusing the U.S. government of pursuing a foreign policy similar to government-sponsored terrorism.


  He was arrested in 2002, and the defense lawyer asked for a trial in Britain, because if he was extradited to the United States, he might be taken to a military court for trial, or even be held at the US military base in Guantanamo, Cuba.

Editor: Lu Wei

The performance continued to increase, and the smart driving business ushered in overseas breakthroughs.

  Desai Siwei (002920)

  Event overview

  Desai Siwei recently released its 2023 annual report. In 2023, the company achieved an operating income of 21.908 billion yuan, a year-on-year increase of 46.71%, a net profit of 1.547 billion yuan, a year-on-year increase of 30.57%, and a net profit of 1.467 billion yuan, a year-on-year increase of 41.47%.

  Intelligent cockpit and intelligent driving with two-wheel drive, single Q4 gross profit margin was repaired from the previous month.

  On the revenue side, thanks to the two-wheel drive of intelligent cockpit and intelligent driving business, the company achieved revenue of 21.908 billion yuan, a year-on-year increase of 46.71%. Among them, 1) the intelligent cockpit business realized revenue of 15.8 billion yuan, up 34% year-on-year, higher than the industry level. We believe that the continuous high growth of cockpit business is mainly due to the volume of new products such as domain controllers and the expansion of overseas customers. 2) The smart driving business realized a revenue of 4.5 billion yuan, a year-on-year increase of 74%, mainly due to the large-scale volume of high-end smart driving.

  On the profit side, the company realized a net profit of 1.547 billion yuan, up 30.57% year-on-year, slightly lower than the growth rate of the income side, mainly due to the downstream price pressure transmission and the low gross profit margin (16.2%) of the smart driving business. However, in Q4 alone, the company’s gross profit margin was 21.54%, an increase of 2.83pcts from the previous month, showing an obvious recovery trend. In addition, the scale effect of the company began to appear. Specifically, the company’s management/sales/R&D expense ratio in 2023 was 2.3%/1.4%/9.1%, respectively, which was 0.3pcts/0.2pcts/1.8pcts lower than that in the same period of last year, indicating that the company has passed this expansion stage and started to enter the harvest period.

  The annualized sales of new project orders totaled over 24.5 billion, and the smart driving business ushered in an overseas breakthrough.

  According to the annual report, the annual sales of new project orders exceeded 24.5 billion yuan in 2023, of which the annual sales orders of new cockpit business projects exceeded 15 billion yuan, and new products such as the fourth-generation cockpit HUD and LCD instruments were designated by the project; The intelligent driving business exceeds 8 billion yuan, and the high-end intelligent driving platform has won new project orders from more than ten car companies, such as Ideality, Guangzhou Automobile Ai ‘an, Geely, Great Wall, Lotus, and Extreme Krypton, which is a strong guarantee for sustained growth in the next year. In addition, the company’s overseas business is progressing smoothly, with revenue of 1.64 billion yuan in 2023, up 48.1% year-on-year, higher than the overall level. It is worth noting that in addition to the cockpit business continuing to receive new orders, the company also obtained the smart driving business project designation of overseas core customers for the first time, and the smart driving business ushered in overseas breakthroughs, and the growth space was further opened.

  Investment advice:

  The company is the core target of automobile intelligence, with obvious advantages of card position and clear logic of subsequent growth. We are optimistic about its expansion from intelligent cockpit to intelligent driving, and its transformation from automotive electronics supplier to automotive intelligent enabler. We estimate that the company’s revenue in 2024-2026 will be 283.9/354.1/42.26 billion yuan, and the net profit attributable to the mother will be 2141/2860/3782 million yuan, respectively, maintaining the Buy -A investment rating. Due to the company’s leading position in the industry and the long-term space for automotive intelligence, we will give a net profit of 40 times PE in 2024, corresponding to a target price of 154.4 yuan in June.

  Risk warning: 1) The risk that the smart car market will not develop as expected; 2) The risk that the supply chain repair is less than expected due to the intensification of the epidemic; 3) The risk of increasing upstream chip shortage; 4) The risk that the company’s intelligent driving business is not progressing as expected; 5) Risk of intensified market competition.

Artificial intelligence is an opportunity and a challenge. Experts suggest that supervision should be strengthened from all aspects.

CCTV News:As an important part of Cyber Security Publicity Week, the 2023 Cyber Security Expo is being held in Fuzhou. The reporter noted that how to better develop the artificial intelligence industry attracted the attention of the participants. Many experts believe that although generative artificial intelligence can greatly facilitate and improve human life style, it also poses a new challenge to network security and needs to strengthen supervision from all aspects.

Experts pointed out that any technology has two sides, and there are a series of security risks hidden behind generative artificial intelligence, which pose new challenges to national security, social security, network security and data security.

In terms of security, experts pointed out that excluding human intervention, the security problem of artificial intelligence itself is also obvious.

China computer federation (CCF) Computer Security Professional Committee Member Degree:First, at the source, the data may be poisoned and polluted, so the original training data may have problems. Second, when training, there may be a big data discrimination algorithm in it, and it may not be a fair algorithm, which will lead to problems in the results. Thirdly, there will be a feedback mechanism in the final output stage, and the feedback mechanism may inject some malicious data or samples, which will also lead to the deviation of the answers obtained by this model.

So, how to deal with the hidden dangers of artificial intelligence? Experts said that this requires joint efforts from the supervision, practitioners and enterprises.

Li Xinliang, Expert of Guangdong Digital Government Network and Data Security Emergency Response Expert Group:In view of the security risks that AI may bring, I personally feel that it is necessary to speed up relevant legislation at the national level and formulate relevant industry standards as soon as possible. In addition, for AI practitioners, it is necessary to strengthen the corresponding training so that they can carry out it at the level of national laws and regulations when using AI technology. From the enterprise level, we must fully consider the compliance of collecting citizen information, and at the same time, we must strengthen the relevant actions of data protection in the transmission and storage of these collected data.

Geely star is the first to experience, and it is just outside and soft inside.

The "CMA architecture" planted in those years and together is now beginning to bear fruit in the brand-Xingyue, Xingrui, and now Xingyue L, which has set a record for the largest size of CMA.

Although it is named "Xingyue L", the design of this car is completely different from Xingyue. The latter tends to be dynamic and young, while the former pays more attention to maturity and stability.

Although the style orientation is different, the overall design language remains the same, which is also the characteristic of all models at present. A set of recognizable design allows unfamiliar people to recognize the brand without looking at the logo, which is very beneficial to the creation of brand image and the setting of product positioning.

The overall dimensions of Xingyue L are 4770*1895*1689mm and the wheelbase is 2845 mm.. It is reasonable to say that this size can be counted as a medium-sized SUV, but it is still called a compact SUV. One of the reasons is that the CMA architecture was originally aimed at compact models. As a result, the Xingyue L will look a bit "have no martial ethics" when compared with other compact SUVs in the future, similar to the previous Xingrui.

To sum up the shape of Xingyue L in a few words, there are probably: stable, thick, hard and strong. The headlights, grille, rearview mirror, window and wheel hub are all one size larger than the previous models. Although they lack the agility that young people like, they give people a solid and reliable psychological feeling, which is obviously a model for family use.

Matrix headlights are a bright spot, with 126 LED beads, which can control the switch and light and shade separately to ensure the brightness and lighting range, and at the same time, more lighting effects can be achieved through OTA in the later period.

Xingyue L’s car paints are available in six colors, including oyster white, aurora silver (as shown in the picture), basaltic gray, jet black and Mars red, as well as a distinctive "Cuiyu Blue", which is not blue or green, inspired by the mountains and mountains, and at the same time extracts the green texture of traditional porcelain and natural cuiyu. The cost of this car paint will be higher, and it may be available in limited quantities after listing.

When you open the car door, the little oppressive feeling brought by the appearance suddenly disappears, and the warm home atmosphere comes to you. The length of the triple screen across the center console is close to one meter, and the resolution of each screen has reached 1920X720.

This shooting vehicle is a test car, and the screen can’t be lit. The visual effect is quite good in the all-black state, and the overall feeling is very strong. At the recent Shanghai Auto Show, we saw the effect after lighting. The screen quality is very high, but the white theme still has a sense of separation. We look forward to the effect of the black theme.

The air conditioning outlets on both sides are directly opened on the huge black panel of the triple screen, which is a cost-free operation and of course brings good visual effects. Touched by hand, the edge of the opening is very round, and there is no cutting feel, which shows excellent workmanship.

The shape of the shift lever is similar to that of Xingyue and Xingrui, but the unlock key is cancelled, and the operation logic is the same as that of XC40. Shift the shift lever twice. The physical buttons in the air-conditioning control area have been preserved, which I praise.

Previously, the interior was decorated with palindromes, but Xingyue L was replaced with woven texture. There was a red and blue gradient stitch between the white stitches on the decorative board. At first glance, it was complicated, but at second glance, it added a little vitality to the interior.

The interior of this car is a combination of beige and red, while the Cuiyu blue model will be decorated with dark green and gold, which is more luxurious and mysterious. The roof is completely covered with suede material, and the cost is burning.

With such a large size, the rear space will naturally not disappoint, and the seat is wide, which provides good support for my whole body. The backrest angle can be adjusted, and the overhead space is about 15 cm. Because the electric seat of the vehicle can’t move, the passenger seat in the picture is actually in a backward position, which means that even if I have a more indulgent sitting position in the passenger seat, another passenger with a height of 180cm can still ride comfortably in the back row.

The luggage compartment has a great depth, but because the backrest of the rear seat is inclined, large items can’t be put in the depth. Open the lower cover of the luggage compartment, and there is a storage compartment below. After putting down the rear seat, the volume becomes very considerable, and the loading surface is only slightly inclined.

The vehicle being photographed is equipped with a 2.0T medium-power engine, with a maximum power of 218 HP and a maximum torque of 325Nm, which is between T5 and T4. It will be matched with a 7-speed wet dual-clutch gearbox and accelerate 7.9S at zero speed.

The Xingyue L will also have a 2.0T high-power engine with a maximum power of 238 HP and a maximum torque of 350Nm (which can be supercharged to 380Nm), matching 8AT and accelerating for 7.7 seconds. The performance gap between high and low power is so small that it is really rare. I wonder how much difference the price will be at that time.

It is expected that the price of Xingyue L will overlap with the mainstream joint venture compact SUV to a large extent, or even be cheaper. From this static observation, we can see that Xingyue L has obvious advantages over the joint venture SUV in terms of space, design, material selection and configuration. I look forward to the follow-up dynamic test drive and experience the strength of CMA architecture in mechanical and electronic aspects.

The writer of this article is Ao Yifeng, a kicker gang.