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Lynk & Co 01 Luxury Smart Plug-in Hybrid SUV 199,800

On July 27th, its first model – luxury intelligent plug-in hybrid was officially launched. There are 3 models in total, and the market guide price is 262,800 yuan for Jin Pro; 242,800 yuan for Jin; and 232,800 yuan for Jin Lite. After comprehensive subsidies, 199,800 can get the entry-level version. It will be officially delivered in August. In the second half of 2019, it is planned to be manufactured in the Ghent factory in Belgium, and it is expected to be sold in Europe in the first half of 2020.

Lynk & Co 01 Luxury Smart Plug-in Hybrid SUV 199,800

Lynk & Co 01 Luxury Smart Plug-in Hybrid SUV 199,800

Product highlights: comprehensive only 1.7L/100km, comprehensive battery life up to 992 kilometers.

It is the first plug-in type based on the CMA basic module architecture and is positioned as a luxury intelligent plug-in hybrid. It is equipped with Drive-E dual-engine technology, 1.5TD high-efficiency and Siemens high-efficiency motor dual-power combination, comprehensive 256Ps, the highest motor efficiency can reach 95%. In addition, it is worth noting that the comprehensive economy is only 1.7L/100km, and the maximum comprehensive battery life of the same class is 992 kilometers.

Lynk & Co 01 Luxury Smart Plug-in Hybrid SUV 199,800

At the same time, 100 kilometers is increased to 7.3 seconds, and the distance of 100km/h-0km/h is only 35 meters. The fast and stable hard power brings consumers a more extreme driving feeling. For the comprehensive consideration of various user usage scenarios, a "3 + 1 driving mode" is set, and users can freely choose Pure (pure electric mode), Hybrid (hybrid mode), Power (power mode), and Save (power retention function).

Product analysis: the world’s first dismantling, intuitive and better

Focusing on core technologies such as batteries and motors that consumers care about, the world’s first dismantling was carried out.

1. Motor

The rotation of the motor drives the entire powertrain system to achieve an efficient operation mode, which is the design highlight and technical module foundation of all future electrification projects of Lynk & Co. At the scene, consumers and the media were shown the use of Drive-E dual-engine technology, that is, 1.5TD and Siemens high-efficiency motor dual power combination. The Siemens high-efficiency motor in the dual-engine technology weighs 26 kilograms and has a transmission efficiency of 95%. It can output 60kW and 160N.m.

Lynk & Co 01 Luxury Smart Plug-in Hybrid SUV 199,800

During the disassembly process, Zhu Ling explained to consumers the motor integration technology, namely the P2.5 architecture, which is the only plug-in hybrid model in the same class that uses the P2.5 architecture. The motor is highly integrated, resulting in the 7DCT-H, which can achieve a maximum transmission efficiency of 97%, improving power by 14% and fuel efficiency by 42%.

2. Battery

High and low temperature battery performance attenuation is an unavoidable problem in daily use of new energy vehicles. The power battery has independent and advanced thermal insulation technology to delay battery performance attenuation to the greatest extent. Bipolar thermostatic power battery technology can achieve two working modes of "warm in winter and cool in summer" to solve the problem of battery reliability and durability from the root.

Lynk & Co 01 Luxury Smart Plug-in Hybrid SUV 199,800

Lynk & Co 01 Luxury Smart Plug-in Hybrid SUV 199,800

The world’s first dismantling will also focus on the core battery technology in new energy models, and the unique and innovative safety system will be intuitively presented. Based on the leadership of the CMA basic module architecture, the battery mid-mounted design is adopted to ensure the safety and reliability of the battery pack in a collision, while also effectively saving the trunk space. In terms of layout, seat position, and support of the central stringer, the battery safety is also taken into account. For the common problem of battery pack leakage in high-speed collisions, the liquid suction design is adopted to absorb leakage and reduce the risk. After a collision, the safe voltage (60V) can be reduced within 1 second to prevent the battery from harming the car members.

3. Safety performance

The model continues the strong safety genes of the C-NCAP 5-star + model. In terms of passive safety structure, the front of the aluminum alloy can be seen during the dismantling process, and a large amount of high-strength steel is used. And it adopts advanced anti-WHIPS anti-whip seats, which can reduce the impact on the head and neck of the front occupants when the vehicle is rear-ended; at the same time, the anti-diving beam that prevents the occupants from sliding forward in the vehicle suddenly and causing dangerous situations, the CLT locking tongue technology that can help control the impact force exerted on the occupants of the collision, and the 80mm collapsible pipe column that can shorten the size of the steering wheel in the event of a frontal collision and reduce the degree of secondary injury to the driver and occupants, etc., bring all-round care to consumers.

Lynk & Co 01 Luxury Smart Plug-in Hybrid SUV 199,800

In addition, the Bosch P ? 9.3 hev X version is based on the latest Bosch P9.3, which is specially designed for new energy models. It adopts four-channel independent control for each operation, which can intelligently adjust different torque sizes according to the driving conditions of the vehicle. Assist the driver to make the vehicle drive safely, stably and smoothly on curves, ramps, separated roads, and ice and snow roads. When coordinated with the Bosch iBooster, it can achieve almost 100%, which not only increases the battery life of the vehicle by up to 15.4%, but also effectively reduces the fuel consumption and carbon dioxide emissions of the hybrid car.

Conclusion: As one of the emerging industries, it is the wrestling point for the future development of global enterprises. In 2017, China’s cumulative sales volume 530,000 vehicles, firmly standing at the top of the global new energy market. In the process of the comprehensive conversion of traditional fuel power to new energy, subject to technological changes, there is still broad space for the integrated development of internal combustion engines and motors. However, PHEV models are the first step in the development strategy. According to reports, the new energy strategy will be implemented in stages, from plug-in, oil-electric, and finally to the pure stage.

First-line ｜ Big search car completed 578 million US dollars financing, and will improve the new retail ecology in the future

　　On September 3, Yao Junhong, founder and CEO of Dasouche, said in an internal email that Dasouche has completed a new round of financing of 578 million US dollars. This round of financing was led by Primavera Capital and Morningside Venture Capital, Alibaba, Haoxiang Capital, Lingfeng Capital, Paladin Equity Investment, Kaiming Investment, Sino-Russian Fund, Sunshine Insurance, CreditEase and other institutions. Gao Hu Capital continued to serve as a financial advisor for financing.

　　Yao Junhong, founder and CEO of Da Sou Che, revealed in the email that the main uses of this round of financing are three aspects: one is to increase investment in technology and accelerate the digitalization, online and intelligence of the automobile circulation industry; the other is to promote the development of a car to accelerate service upgrades and continuously improve user experience; the third is to strengthen the management and construction of the organization and enhance the collaborative operation ability of the new retail ecology of Da Sou Che.

　　According to public information, the last time the big search car announced financing was in November 2017, led by Alibaba to raise a total of 335 million US dollars, before the big search car also received Ant Financial, Warburg Pincus Investment Group, China Merchants Bank International and other famous institutions investment.

　　According to the internal email of Dasouche, there are nearly 4,000 community stores under Dasouche, covering 30 provincial administrative units and 313 cities, and the channel has sunk to 1,877 districts and counties. According to the statistics of the Ministry of Civil Affairs, there were 2,851 county-level administrative divisions in China at the end of 2017, and the coverage rate of Dasouche community stores has reached 66%.

　　Pop a car is a flexible car purchase plan launched by Big Search and Ant Financial "10% down payment, first use and then buy". Consumers buy a car by popping a car. In addition to picking up the car to the store, other transaction processes can be completed online. Alipay allows users with good credit to pass credit approval in 15 minutes. During the 618 promotion this year, the pop-up car transaction exceeded 13,000 units, the contract amount exceeded 2 billion, and the 618 Tmall car sales list topped the list.

　　In an internal email, Ms Yao also announced two important wholly-owned acquisitions: Carrier Butler, an integrated service provider for warehousing and logistics in the automotive supply chain, and Blaxo, a provider of Enterprise Resource Planning for the car dealership group.

　　The following is the full text of Yao Junhong’s email to all employees of the company

　　All the comrades of the big search car:

　　I am happy to share with you a piece of good news: big search car has completed a new round of financing, the total amount of 578 million US dollars.

　　At the moment of tightening money in the capital markets, in less than a year, the company’s financing amount has reached 913 million US dollars, which is really hard to achieve. This is inseparable from the efforts and persistence of all comrades-in-arms. I want to applaud and praise you for every load-bearing forward.

　　The financing was led by Primavera Capital and Morningside Venture Capital, with Alibaba, Haoxiang Capital, Lingfeng Capital, Paladin Equity Investment, Kaiming Investment, Sino-Russian Fund, Sunshine Insurance, CreditEase and other institutions participating.

　　The main uses of this financing are threefold: first, to increase investment in technology and accelerate the digitalization, online and intelligence of the automobile circulation industry; second, to promote the acceleration of service upgrades and continuous improvement of user experience; third, to strengthen the management and construction of the organization and improve the collaborative operation ability of the new retail ecology of the big search car. We have reason to believe that with the strong support of the capital partners, the pace of the big search car will only get faster and faster.

　　Looking back, with every step forward, we can see the exciting changes that have been brought to the entire auto trading industry by the massive car search. Looking to the future, changes will continue to happen.

　　1. The big search car has promoted the process of comprehensive digitalization of the automobile circulation industry

　　In the past year or two, I have often been asked: Why is it that the big search car can always iterate rapidly in the fog and keep running in the right direction? I have carefully considered this question, and the answer lies in my belief that the future automobile circulation industry will inevitably move towards digitalization, online, and intelligence.

　　From the beginning to the end, we have been working hard to move forward with this belief. We use the Internet and big data to link car retailers across the country, and use technology to drive them to improve the efficiency of each link. As of August 2018, we have digitized more than 90% of the country’s medium and large used car dealers, more than 9,000 4S stores and more than 60,000 new car second networks through the SaaS system. It is expected that the online transaction volume of our SaaS system will exceed 350 billion yuan in 2018, which is double that of 2017.

　　Based on the SaaS system, Soche has established the largest automobile circulation digital network in the country. Today, we can proudly say: Soche is the builder of the new retail digital infrastructure for automobiles.

　　2, the big search car has created a new species in the new retail field of automobiles: a car

　　In 2016, Soche and Ant Financial launched a new car purchase model in China, which created a new model of "10% down payment, first use and then buy". Based on this model innovation, we integrated the automobile circulation supply chain to form a closed-loop ecosystem of online and offline combination and opening up new and used cars. This is the new retail car.

　　Today, there are nearly 4,000 offline stores, covering 30 provincial administrative units and 313 cities, and the channel has sunk to 1,877 districts and counties. According to the statistics of the Ministry of Civil Affairs, there were 2,851 county-level administrative divisions in China at the end of 2017, which means that the district and county coverage rate of Dam Car community stores has reached 66%.

　　According to the current business development status and pace, I have set two small goals for you: by the end of 2018, the bomb car will have 8,000 offline stores, covering 90% of China’s districts and counties; within three years, the bomb car will complete the national high-density mesh layout, and eventually achieve one store per 10 square kilometers to cover China’s urban population.

　　What this data means is that we will create jobs for tens of thousands of families, while also bringing a new car experience to hundreds of millions of users. This is our opportunity, but also our responsibility.

　　3, big search car to become the leader and link, deeply empower the upstream and downstream of the industry chain

　　Today, in the entire automobile new retail ecosystem, big search car has gradually become the leader and link of all parties to the transaction, and this is one of the important reasons why investors choose us.

　　Dasouche has initially formed a new retail ecological map in the field of full circulation of automobiles. Including the companies that have joined the Dasouche family, such as Cheyi Pai, Car Dealer 168, Car Manager, and Bexo, we can empower merchants in every link of the transaction chain and help them serve the C-end more efficiently. In the future, we will also cooperate more with the overall ecology of Alibaba and Ant Financial.

　　I hope that every comrade-in-arms can keep in mind the role of the big search car in the entire ecology: if the "new retail" is compared to a person, what the big search car needs to do is to lead everyone’s intelligent brain and link the whole blood, and comprehensively and deeply empower the upstream and downstream of the industrial chain.

　　Ma Yun has a saying that impresses me deeply: "We must become the engine to influence others to shine." From now on, each of our comrades in arms will bear heavier responsibilities. We must work hard step by step to not only realize the dream of big car search to let more users use good cars, but also to ignite other people’s dreams. Only by linking everyone’s dreams together can we send out greater energy.

　　Comrades-in-arms of the big search car, let us continue to walk side by side and work together.

　　Yao Junhong

　　September 3, 2018

　　[First Line] is a product of Tencent News, providing you with exclusive and first-hand business information as soon as possible.

Eason Chan Sings ＂Galaxy Tutorial School＂ Deng Chao Tributes to Aerospace Heroes

1905 movie network news "Don’t keep your loved one waiting!" The movie went on national pre-sale on July 5, and audiences can now buy tickets first through major ticket-buying platforms. On July 4, Deng Chao and Yu Baimei brought the film to Jiuquan Aerospace City, and the Chinese astronauts who were fighting on the front line gave the film unanimous praise. "When I heard the sentence’Jiuquan received it ‘in the film, my blood was really boiling!", "Proud to be an astronaut!" On the other hand, Wang Xi, Liang Chao, Wu Yaheng and Wei Zun came to Suzhou to exchange their viewing experience with the local audience. On the same day, the film released the MV of the movie promotion song "People Who Believe in You" sung by the singer Eason Chan. Eason Chan slowly sang the story of love and growth between father and son with a warm and determined voice. It is understood that Eason Chan was very moved after watching the film, and could not be separated from the plot for a long time. He personally said to Deng Chao and Yu Baimei, "I will sing this song", which led to this affectionate "song for my father".

　

The gold medal combination reunites to create a "song for father" Eason Chan praises deep fatherly love with his singing

In the promotional song "The Man Who Believes in You" MV, Eason Chan is like a storyteller, using his warm and simple singing to tell the love and dedication of Ma Haowen’s growth with Ma Fei in the film, and expressing the deep father-son relationship like a spring breeze. Deng Chao revealed on Weibo that in order to invite Eason Chan to cooperate, two directors, Deng Chao and Yu Baimei, personally flew to Hong Kong to invite Eason Chan to watch the film. After watching the film, Eason Chan stood up and applauded with his agent, and personally said to Deng Chao and Yu Baimei, "I will sing this song." After watching the movie for a long time, Eason Chan was still unable to escape from the touching plot for a long time, and expressed his gratitude to them for believing that he could interpret the song well.

Eason Chan also personally called the gold-medal composer Chen Xiaoxia to talk about his creative impulses, and invited the lyricist Yao Ruolong, who has been in seclusion, to come out again. The three tacit partners who have collaborated with many golden songs, including "The World" and "Thank You", reunited again, and even invited the famous Hong Kong musician Chen Huiyang to serve as the song producer to jointly create the song "The One Who Believes in You". After the launch of the MV, it received countless praise, "The single cycle is very heart-piercing", "Eason Chan uses a heart-moving way to sing the praises of the deepest and strongest fatherly love in the world, which is perfect." "You also need someone who believes in you. Nuan Nuan sees that you are different from people’s eyes." This simple and affectionate lyrics also "sound" into the hearts of the people, becoming the best description of the father.

　

Deng Chao, Yu Baimei returned to Jiuquan to "accept the test" The astronauts’ blood boiled after watching "Galaxy"

Through the perspective of astronaut Ma Fei, "Galaxy Tutorial School" shows the education path of a father to his son, and also projects the spirit of perseverance and hard work of Chinese astronauts. In order to ensure the authenticity of the details such as the launch of the spacecraft in the film and the state of the astronauts in space, Deng Chao and Yu Baimei went to Jiuquan to collect wind during their preparations, asked aerospace experts for advice, and received professional guidance from the astronauts. Returning to Jiuquan Aerospace City today, the two directors were also particularly nervous. Deng Chao described: "This is a very important exam for us." I don’t know if I can hand over a "satisfactory answer sheet" to the first-line astronauts.

The warm applause after watching the movie made the "stones in the hearts" of the two directors fall to the ground, and the astronauts unanimously expressed their love for the movie. An astronaut said excitedly: "When I heard the sentence’Jiuquan received ‘in the movie, my blood really boiled. Thank you for bringing us such a wonderful movie! I saw my dream when I first came here in the movie, and I came here to spill my blood and sweat here!"　

There are also astronauts who commented on the movie: "’Galaxy Tutoring School’, the stars and arrows compete for glory, full of spaceflight feelings, opened a new era of spaceflight education, and used the popular form to promote spaceflight culture and spread spaceflight knowledge, a useful attempt." The movie aroused deep resonance among all spaceflight people. During the viewing process, there were several tears, which was the touching of the father and son’s affection, and the pride and excitement of being able to personally participate in the great cause of spaceflight. "Shooting spaceflight themes is a feeling, but also a mission. Our stories should be told to thousands of friends and our children. Thank you to the two directors for bringing such an excellent movie." Education and inheritance, dreams and persistence are all vividly reflected in "Galaxy Tutoring School".

　

Family members frankly "more support husband’s work" Deng Chao Yu Baimei pays tribute to aerospace heroes

Due to the particularity of the astronauts’ work, they cannot always be with their families, especially the children at home, and they often do not see their parents. A family member of the astronauts at the scene expressed his understanding of her husband after watching the film: "After watching the film, I am really touched. I have no regrets at all for coming here, and I have to support his work more." A child said sincerely: "After watching the film, I am very touched because my father is an astronaut. He often cannot go home because of his busy work, but I know he loves me very much, so I cherish the time with him very much."

Another astronaut confessed: "I am also the father of my child, and I am very touched after watching your movie. I am also very guilty because I can’t accompany my children at work, so I feel that I am missing a lot from my family. But at the same time, my wife and children understand and support my work very much, and they all think that my father is the proudest and proudest of them. Thank you very much for making such a movie." Without the selfless dedication and dedication of astronauts and their families, there would be no strong Chinese aerospace industry. Deng Chao and Yu Baimei also paid tribute to all the astronauts on the spot.

　

Parents confess that they are "incompetent" for not accompanying their children, and the little girl bluntly says that "I have to do everything by myself in the future"

On the other hand, during the roadshow in Suzhou, some parents also made a similar confession to the astronauts: "I usually have a busy job, so I don’t have time to accompany my child, mainly my mother to accompany him, so I said I took the time to come and watch a movie with him today. No matter what the reason is on the road in the future, I should accompany my children more, give them more encouragement, and let them grow up according to their inner thoughts rather than the route designed by their parents. This is what you taught us, thank you." Another parent who strictly demanded his child also said that he should give his child more encouragement in the future, so that the child can grow up confidently.

Not only parents, but also children actively shared their gains after watching the movie. A little girl was moved to tears during the whole process of watching the movie, and shared her own gains after the movie: "After watching it, I feel that I have to do everything by myself, and I have to find a way by myself." The little girl’s rapid growth received encouraging applause from the audience. Another little girl also shared her impression of her father: "I am very touched after watching this movie. My father is like this. He often plays with me and makes a lot of phone calls every day. I want to tell my father that I love you." The cute and warm words made the parents particularly touched.


China’s online ride-hailing ＂strike＂ escalates, ushering in a ＂new era＂ in the throes

　　BEIJING, April 19 (Xinhua) — Following the "strike" of taxi drivers in some parts of China, their competitors – special drivers have also joined the "strike" team.

　　According to the "Securities Daily" report, during the peak taxi-hailing period last Friday, some private car software in Beijing experienced a large-scale outage, some Didi and Uber drivers "went on strike", and even there was a "needle action" against their peers: forcing other normal operating drivers to participate in the strike, otherwise they will place an order as a passenger and maliciously cancel or complain.

　　The root cause of all this is that the drivers are dissatisfied with the dwindling subsidies, so they can protest to the taxi-hailing software platform. A reporter from China News Agency interviewed and found that many drivers who used to easily earn 10,000 yuan a month complained that this year due to the reduction of subsidies, their income is also less and less, and they have "almost the same as the income of taxi drivers".

　　In order to seize the market, many taxi-hailing apps started a "subsidy war" in the early stage. It is estimated that in 2015, taxi-hailing apps such as Yidao Yongche, Uber and Didi Kuaidi "burned" 20 billion yuan on passenger subsidies. This model not only brought consumers a feast of low-cost taxi-hailing, but also raised the income of private car drivers.

　　However, the "burning money" model of Internet companies during the development period will inevitably not last. As the market gradually matures and the competition landscape gradually takes shape, it is foreseeable that the income of special car drivers will decrease.

　　In addition, the unfair competition brought about by subsidies has long aroused the dissatisfaction of traditional taxi drivers. Subsidies make online ride-hailing fares very low, which has greatly eroded the traditional taxi market. Squeezed living space and high management fees "part money" have led to many collective "strikes" by taxi drivers as "regular troops" to express dissatisfaction.

　　Law enforcement authorities remain "staunch defenders" of the interests of traditional taxis against the backdrop of China’s pending legalisation of ride-hailing. At the end of last month, Shanghai issued a notice pointing out that online private cars are "illegal passenger transport" and should be "centrally rectified". Key law enforcement areas such as railway stations, airports and hospitals in Beijing remain "forbidden areas" for drivers to pick up and drop off guests.

　　As for the game and balance between online car-hailing and traditional taxis, the industry has long discussed that "the essence is the same, and the management is the same" may be the biggest consensus. Cheng Shidong, director of the Urban Transportation Office of the Comprehensive Transportation Research Institute of the National Development and Reform Commission, told China News Agency that in essence, online car-hailing and taxis are taxis and belong to the same industry. "Since they are the same thing, the management and standards must be unified to compete on an equal footing."

　　For a long time, the relatively high rate of online car-hailing traffic violations and traffic accidents, and the low application threshold for drivers have also added a shadow to the safety of this industry. The malicious cancellation of orders, complaints and other threats by some private car drivers to participate in the strike have once again exposed the long-term problem of lack of supervision and regulation in the private car industry.

　　In October last year, China issued the "Exposure Draft Measures for the Administration of Online Booking Taxi Business Services". Analysts believe that this is equivalent to acknowledging the legal status of online car-hailing. According to industry sources, the current government management and supervision of online car-hailing is accelerating, and China’s online car-hailing is about to operate in a legalized market environment.

　　Strikes continue, debates continue, and safety concerns are cause for concern. This is the portrait of the industry after the emergence of online car-hailing. However, with the advent of special cars, people have become more convenient, cheaper, and more personalized. The service level of the industry has also improved, and the details of the standardization of online car-hailing have gradually become clear… The entire Chinese taxi industry is ushering in a new era of change in the throes. (End)

Vomit… Zhou Xingchi didn’t copy it like that!!!

Pay attention to film school and film shortage, say goodbye

film school

Vol. 3155

Pai Ye is a veteran Internet University enthusiast. After reading countless films, he also discovered a pattern –

Martial arts type, must copy Tsui Hark.

Comedy genre, must copy Stephen Chow.

As it happens, they are very stylized directors.

So, the consequence of copying is,Learning tigers is not anti-dog…

For example, "Drunk Fist Su Qier".

Recently, there is another person who is not afraid of death.

The target was the classic "Truant Dragon".

What level?

Very embarrassing. Very boring.

Consumer sentiment?

Have you ever thought about it?

What are feelings?

Why can’t anyone copy Stephen Chow’s movies?

Slide down, Pai Ye decrypts it for you.

The New Truant Dragon

The movie starts at the beginningmoneyYeah.

Look at the classic IP.

Cast, get together"Around Xingchi Zhou"…

Luo Jiaying, who plays Detective Cao Dahua (rubbing Wu Mengda’s character name).

Yellow Mountain.

He played Huang Xiaogui in the original "Truant Dragon".

On "The New Truant Dragon"; Next "Truant Dragon"

Huang Yifei.

He is well known to the public for his role as "Big Brother" in "Shaolin Football".

Shaolin Kung Fu is good, really good

The income is really good.

On the line 8 days, the cumulative box office 14.484 million, the cumulative number of people watching 5.943 million.

Yes, Douban score,4.1…

It hurts the audience’s feelings.

Where is the new truant dragon?

There is nothing new.

Synopsis of the story.

In a city in South East Asia, the boss of a crime syndicate was arrested. Company accountant Huang Xiaogui (Huang Yishan, played) was willing to be a tainted witness, but was hunted down and escaped. In order to find him, special police Zhang Hao went undercover to the International Noble School and tried to find Huang Xiaogui by approaching his daughter Huang Ying.

This kind of story,1980sThe Hong Kong police and gangster movies have long been shot badly.

The setting is also difficult to establish.

You see the student played by SWAT Zhang Hao,From the looks of it, he is older than the principal…

The plot is even more incredible…

Approaching Huang Ying was reduced to picking up girls.

And the way is to keep asking the police for money.

From buying a sports car.

To charge the 88888 membership card.

Where does the money come from?

First the police crowdfunded, and laterProvided by a prisoner in a police office.

Why are prisoners still locked up here?

Why did the police respond to unreasonable demands and finally reach the point of death?

It was all crap.

Why do you have to shoot like this?

The only reason Pai Ye could think of was,Imitate Stephen Chow and make nonsense comedies.

There are similar bridges.

For some reason, Zhang Hao suddenly jumped into the swimming pool and fell headfirst, revealing the sign "Water depth 0.4 meters".

For example, Zhang Hao’s international friends and classmates.

Black people are called "Little White", and white people are called "Little Black".

The main creator really wanted to make the audience laugh, but these jokes were separated from the plot, and there was a serious suspicion of making up the numbers. His approach was exactly what Chen Peisi called "stringing candied gourds".

In Pai Ye’s opinion,"The New Truant Dragon" completely misunderstands the meaning of "nonsense comedy".

I really don’t know how Zhou Xingchi would feel when he saw such a work.

We often say "remake film consumption feelings".

What are feelings?

In Pai Ye’s opinion,A good work can withstand time to wash, and the audience’s feelings for it become more and more profound, resulting in feelings…

What’s so great about "Truant Dragon"?

That is, it isA mature work of Stephen Chow’s nonsensical comedy style…

Nonsensical, what do you mean?

To borrow from a particular subject…

Nonsensical, originally a common saying in Guangzhou, Guangdong and other places, which means that a person does and speaks incomprehensibly, without a center, with no clear purpose in his language and behavior, vulgar and casual, and complaining indiscriminately.But not without reason…

During the era of film development in Hong Kong, many people experimented with this style.

Wang Jing specially created "Gambling Saint 2: Street Gambling Saint" for Ge Minhui (a member of the Hong Kong duo "****").

In addition, Wang Jing also promoted Zhang Jiahui and Zhang Weijian, but they were all rejected by the market.

King of a Thousand Kings 2000

"Super School Fighter"

Ultimately, the market chose only Stephen Chow.

Of course, there are reasons for this in terms of appearance and acting skills.

But more importantlyphilosophy…

Stephen Chow made a perfect interpretation in the movie "Truant Dragon".

The first layer, golden partner, collision spark…

Zhou Xingchi’s nonsensical style can be brought to the extreme, and it must be inseparable from the golden supporting role Wu Mengda.

Wu Mengda said in an interview that the company made "He Came From the Jianghu".

Mr. Chow and Mr. Wu often pretended to date couples at night in order to eavesdrop on their conversations and find inspiration, which became the origin of the so-called "nonsense show."

In "Truant Dragon", there are many such wonderful moments.

For example, when Zhou Xingxing and Cao Dahua were chatting, the two men suddenly kissed.

For example, Zhou Xingxing revealed his identity to his teacher, He Min (played by Zhang Min).

Cao Dahua was worried, and Zhou Xingxing said casually, "You go and kill her."

Cao Dahua on the side immediately revealedA funny, hideous expression…

On the second level, no matter how outrageous the actor’s behavior is, it must be meaningful.

Let’s talk about Zhou Xingxing’s appearance.

A rescue operation, he was the captain.

The team rushed out one by one, but he was dripping eye drops…

Deploying a course of action, he gestured,Directly stun teammates…

Later, the team’s formation was completely messed up.

In desperation, during a duel with his opponent, he left his empty gun as a cover, shuttled up and down the building, and saved the hostages with one person.

Zhou Xingxing makes people around him puzzled whether he talks or does things.

We laugh because of this intensecontrast…

And all of this is not for nothing, it all points to a point…

Zhou Xingxing’s personality: outstanding personal ability, but no leadership or cooperative spirit…

There is a deeper meaning.

Stephen Chow’s comedy is just an appearance. He blends jokes with situations to explore people’s plight or to expose or criticize certain social realities…

Remember the story of "Truant Dragon"?

Zhou Xingxing, a man who became a police officer because he hated studying, was sent to the school as an undercover agent to search for the missing gun of kindness from his boss.

Therefore, Zhou Xingxing was in great pain.

He sees the school as a prison…

In his eyes, students are punished for being late, just like a **********.

The playground is no different from the **********.

In the classroom, but fantasizing about being imprisoned, he sang "Tears behind bars".

And, reflections on school education.

Overbearing teachers can make students lose interest in learning.

In the movie, the character of He Min is not just one of the elements of love.

She represents Zhou Xingxing’s yearning for an ideal education.

So you see.

Stephen Chow’s comedy is based on real people, real environments, and in-depth social observation…

On the contrary, those nonsensical jokes are the embellishments that grow naturally and are the introductions that pull the audience into the world of his films…

Such works are often read and updated.

Only then can we go through the washing of time and become an immortal classic.

And a bunch of movies that imitate Stephen Chow haven’t even touched the surface yet.

Watch "The New Truant Dragon" again.

The jokes came out of thin air.

Character behavior, grandiose.

Especially the female characters in it, their role is only to satisfy the obscene YY of some male characters.

Not to mention the profound meaning.

Every time we look at a similar shoddy copy, we have this feeling: "Look at the original and wash your eyes."

Consumer sentiment is shameful.

But there was something even scarier.If lazy creativity can still make money, it is bound to attract more followers…

As a consequence, bad money drives out good money.

Pai Ye insisted.

Feelings should not be used for consumption, but for nourishment…

In every era, there should be people who are willing to work hard on the road of creation and overcome obstacles.

To be able to create such a work: decades later, it will be regarded as a classic, shrouded in a halo of feelings.

No one can be second to Stephen Chow.

However, someone will definitely become the number one xx.

Innovative measures of Budweiser China to help road traffic safety construction

　　On March 3rd, Budweiser China and the Traffic Police Corps of Shanghai Public Security Bureau gathered together in Lujiazui cultural landmark — — Pudong Art Museum, celebrating the launch of the theme publicity campaign of "Spring Guarding Action" for Shanghai traffic safety. Zhu Jiangliu, Vice President of Corporate Affairs of Budweiser China, attended and participated in the event to share the latest achievements of Budweiser China in helping road traffic safety construction.

Innovative measures of Budweiser China to help road traffic safety construction

In 2023, Shanghai traffic safety "Spring Guarding Action" theme publicity campaign was launched.

　　This activity is based on "Civilization and Law-abiding     Go home safely as the theme. Ding Bin, director of the Propaganda Center of the Traffic Police Corps of Shanghai Public Security Bureau, said: "Civilized and law-abiding can build a traffic safety defense line, and returning home safely is related to personal and family happiness. As the world’s leading brewer and responsible corporate citizen, Budweiser China continues to carry out public welfare publicity activities, which plays an indispensable role in road traffic safety construction. In the future, I hope that more enterprises will take up social responsibilities and help build a civilized, harmonious, safe and smooth high-quality road traffic environment! "

　　“　Drink wisely　"   sequence　15　year　whole country   Interaction on drunk driving　“　Fat chance   "

　　In recent years, China’s road traffic has developed rapidly. By the end of November 2022, the number of motor vehicle drivers in China has exceeded 500 million, ranking first in the world. According to official statistics, in 2021, there were 273,098 traffic accidents and 62,218 traffic accident deaths in China, and traffic violations were still common. In 2021, the number of non-motor vehicle traffic accidents was 35,141, up 17.3% year-on-year. The emergence of new traffic formats made the situation of traffic safety prevention and control more complicated.

　　As the earliest initiative in China to "drink wisely     Budweiser China, one of the enterprises that refused the public welfare activities of drunk driving, has always been committed to promoting the construction of road traffic safety, and has been innovating for fifteen years. From the "Red Wall of the Forbidden City", "E-sports Battlefield" to "Trendy Street", Budweiser China not only launched publicity activities all over the country, but also frequently launched public welfare "big moves" to young people. 2022 coincides with the World Cup carnival feast. However, according to the survey, during the 2018 World Cup, there were more than 130,000 cases of drunk driving in China [2], and the drinking behavior of fans watching the game may increase the probability of drunk driving. Therefore, in 2022, Budweiser China made another precise attack, reminding consumers with rich online interaction that "Harbin Beer has a door     There is no way to drink and drive!

　　In 2022, Budweiser China once again joined hands with Harbin Beer, which is favored by young people, to combine the popular dance and rap elements and lead the new trend of public welfare in a cross-border way of entertainment — — Recruit drunk driving "goalkeepers" through online methods such as small programs, and rap street dance "Harbin Beer has a door     There is no way for drunk driving, which deeply cultivates community communication and triggers netizens from 100 cities to participate in interaction; At the same time, Huang Jun, a star traffic policeman in Shanghai, was linked to help out, and together with the national "gatekeepers", the "gate" of drunk driving was well guarded.

　　On the day of the event, Budweiser China won the title of "public welfare alliance Cooperation Unit of Traffic Civilization" again, which is the eighth consecutive year that Budweiser China has been awarded this honor. Zhu Jiangliu, vice president of corporate affairs of Budweiser China, said: "For Budweiser China, this is both affirmation and encouragement. We believe that drinking is a positive experience and hope to convey ‘ in a more vivid way. Drink wisely     Refuse to drink and drive ’ The concept of public welfare, to guide a wider range of people to establish road traffic safety awareness. The lone traveler is fast, and many travelers are far away. In the future, Budweiser China will unswervingly respond to the call of the traffic police department, make efforts to coordinate social governance, persist in innovation, and let the concept of civilized and law-abiding and wise drinking enter thousands of households! "

Innovative measures of Budweiser China to help road traffic safety construction

For the eighth consecutive year, Budweiser China was awarded the title of "public welfare alliance Cooperation Unit with Civilized Traffic".

　　“　Traffic safety experience class　"　Upgrade again     Safety of creative teaching AIDS　“　child　"   line

　　Road traffic accidents are one of the reasons that endanger the lives and health of children and adolescents. The road traffic safety problem of children in China is still grim [3], and children have become an important part of traffic safety education. Budweiser China has supported the public welfare project "Traffic Safety Experience Class" guided by the Traffic Management Bureau of the Ministry of Public Security and sponsored by China Children’s Press and Publication Corporation for many years, aiming to help raise the public’s awareness of civilized travel in an innovative form of entertaining and entertaining.

　　In order to better protect the public’s safe travel, last year, the charity project not only upgraded the online training course, but also creatively developed a traffic safety magic schoolbag, including a traffic safety reader, a reflective vest and a reflective yellow hat. At present, Budweiser China has donated more than 8,000 sets of traffic safety teaching AIDS, including magic boxes, magic boxes, magic schoolbags, 100 sets of traffic safety civilized etiquette bags and 5,000 reflective vests to carry out safety education for the community.

Innovative measures of Budweiser China to help road traffic safety construction

　"Traffic Safety Experience Class" public welfare project innovatively launched children’s traffic safety magic schoolbags.

　　Budweiser Group and　UNITAR　Join hands again     Welcome the new future of civilized transportation together

　　In October 2021, the World Health Organization issued the Ten-Year Plan for Global Road Safety Action, calling on countries to take measures to reduce the number of road traffic casualties worldwide by at least 50% by 2030. As supporters of the United Nations Sustainable Development Goals (SDGs) in 2030 and practitioners of global road traffic safety construction, Budweiser Group and the United Nations Institute for Training and Research (UNITAR) are constantly upgrading in the field of improving road safety. Budweiser Group not only effectively promotes the construction of road traffic safety, but also injects new vitality into road traffic safety by using innovative means such as digitalization. In 2022, Budweiser Group and UNITAR continued to cooperate, starting a new chapter in the fields of wise drinking, empowering women entrepreneurs and water resources management, and exploring more innovative and pragmatic solutions.

Innovative measures of Budweiser China to help road traffic safety construction

Budweiser China actively responded to the government’s call to create a harmonious future of "civilized, law-abiding and safe return home" with all parties.

　　Ke Ruige, chief legal and corporate affairs officer of Budweiser Asia Pacific, said: "Budweiser Asia Pacific, headquartered in Belgium and with a history of 600 years, has always placed ESG issues at the core of its strategy and operation, and put ‘ Wise drinking and moderate drinking ’ Included in the eight ESG strategic priorities, we believe that every drinking experience should be positive. Therefore, we have maintained close cooperative relations with partners such as the United Nations Institute for Training and Research, the Traffic Police Corps of Shanghai Public Security Bureau for a long time, helped the high-quality development of road traffic in China, and made full use of digitalization and other means to promote multi-win social value. In the future, we will actively respond to the government’s call, join hands with many partners, lead a good drinking experience with rational and wise drinking fashion, and jointly create a future of common prosperity and symbiosis and applause! "

　　About Budweiser China:

　　Budweiser　China    A number of legal entities operating in China are directly or indirectly controlled by Budweiser Asia Pacific Holdings Limited ("Budweiser Asia Pacific"), which is in a leading position in the field of high-end and ultra-high-end beer. Budweiser China is responsible for brewing, importing, promoting, distributing and selling more than 50 beer brands under Budweiser Asia Pacific, including Budweiser, Time, Corona, Fujia, Harbin and Xuejin. In recent years, Budweiser China has expanded to products other than beer, such as alcoholic beverages, energy drinks and spirits. Headquartered in Shanghai, China District operates more than 30 breweries in China, with a total staff of over 17,000.

　　Budweiser Asia Pacific was established under the laws of Cayman Islands and listed on the Hong Kong Stock Exchange in 2019 with the stock code of 1876, and is one of the constituent stocks of Hang Seng Index. Budweiser Asia Pacific is also the Anheuser-Busch    InBev). Budweiser Group has more than 600 years of brewing heritage, and its business is all over the world.

　　Budweiser Group entered China in 1984, set up Budweiser Brewery in Wuhan in 1995, and registered Budweiser Investment (China) Co., Ltd. in Huangpu District in 2003. In 2011, Budweiser China Shanghai Headquarters was recognized as the regional headquarters of multinational companies by Shanghai Municipal Commission of Commerce.

Smart travel makes cities faster


The project team successfully upgraded the public from traffic information users to traffic information collectors

On October 9th, at 18:00, due to the unlimited number, the evening rush hour in Beijing was particularly congested that day.

But for Qi Peng, who commutes between Tongzhou and Zhongguancun every day, dealing with such congestion is "very good". Before setting out, he always uses the mapping software on his mobile phone to navigate, so that he can choose the best driving route.

"Mobile navigation is one of the most frequent apps I open every day. Whether I’m driving or taking public transportation, it allows me to reach my destination accurately and quickly," Qi Peng told reporters.

Nowadays, with the rapid development of cities in our country, the increase in car ownership, and the development of mobile Internet, there are more and more people like Qi Peng, and smart travel has become the "new normal" for many people.

So, how can these navigation software that acts as a "guide" provide accurate road conditions to avoid congested roads? How can navigation software provide reasonable travel plans to help us reach our destinations easily?

In this regard, the "Urban Traffic Guidance and Navigation Travel Key Technology and Application Service" project team composed of the Institute of Geographic Resources of the Chinese Academy of Sciences, Zhangcheng Technology, Qianfang Group and other units has spent many years of research, using satellite positioning, mobile communication, high-performance computing, geographic information system and other technologies to implement the real-time perception of the status of urban and intercity road traffic systems, accurately and comprehensively providing traffic conditions to the people through mobile phone navigation, roadside electronic bulletin boards, traffic radio and other channels. On this basis, the integrated driving behavior real-time sensing and analysis technology to achieve multi-mode and multi-standard dynamic navigation for public travel, improve travel efficiency; and assist traffic management departments to formulate traffic management plans, promote urban energy conservation and emission reduction, and improve urban operation efficiency. In the 2015 Beijing Science and Technology Awards review, the project won the first prize.

Create a national traffic information map

During the driving process, the navigation software would issue instructions and prompts in real time: "Turn left 100 meters ahead" "Congestion ahead is one kilometer, it is expected to take 5 minutes to pass"… Many people would be surprised, why is the navigation software so "smart"? Is it relying on the cameras on both sides of the road or the induction coil buried in the ground?

Lu Feng, the project owner and a researcher at the Institute of Geographic Resources of the Chinese Academy of Sciences, told reporters that traditional traffic information acquisition relies on devices such as induction coils deployed under road sections or video probes above roads. "These devices are fixed in location and have high costs, so they cannot fully reflect the real-time status of urban traffic."

Therefore, the project team must "find another way".

The project team "targeted" the taxis. Since the taxis were equipped with satellite navigation and positioning, they could periodically send back location and status information to the monitoring and dispatching center. These taxis that cruised the streets every day became an important source of urban traffic information collection.

However, taxis are not a "one-and-done" solution. After all, the scale and range of taxis are limited. Especially with the increasing popularity of self-driving travel, timely access to inter-city and even national traffic information has become a "rigid demand" for people to travel.

The project team decided to build a new "traffic status induction coil," which covers a wide range of areas, including long-distance buses and trucks, monitoring tracks, mobile phone map client side tracks, Internet websites and social network text messages.

"According to the requirements of the state, all long-distance buses, tourist chartered buses, dangerous goods transporters and general cargo trucks across the country must be equipped with mandatory traffic monitoring equipment to monitor the whole process of driving, prevent drivers from driving fatigue and reduce traffic accidents. These instruments will upload the driving track of the car in real time, and the accuracy rate is extremely high, so that we have a mobile information source covering the whole country," Lu Feng said.

Not only that, the project team also keenly observed that in the Internet age, a large number of users use mobile map services online every day, and these high-frequency satellite positioning trajectories have undoubtedly greatly expanded the ranks of car-based mobile information sources. In addition, there is a huge amount of traffic information on the Internet, both official and netizens’ own road conditions, road books and other information posted on social networks. So, can we make full use of these high-frequency trajectories of Internet maps and massive text on social networks to give full play to the power of the masses and obtain real-time traffic information?

In response to these technical bottlenecks, the project team broke through technical bottlenecks such as large-scale high and low frequency moving target trajectory map matching and traffic state analysis, Internet and social media text contains traffic information extraction, and multi-source traffic information real-time fusion, and built a service delivery and user feedback traffic information ecosystem. A nationwide traffic information service system was established, and a national traffic information map was realized.

The project team successfully upgraded the public from traffic information users to traffic information collectors. This information provides people with the operation status of the urban road network, effectively guides people to travel and avoid congested road sections.

"When you open the navigation software, your current traffic information will be automatically uploaded, which means that everyone is both a beneficiary and a provider of traffic information, which is also a manifestation of the Internet sharing economy," Lu Feng said.

It is reported that today, the system processes more than 2 million taxis and vans, more than 8 million mobile phone map tracks, more than 10,000 fixed sensors, and more than 10,000 traffic event texts every day.

The efficiency of navigation map update is greatly improved

In navigation, we often worry that map updates cannot keep up with changes in roads or surrounding business districts. Due to the intensive construction of cities and frequent changes in commercial outlets, current applications such as mobile maps generally have insufficient timeliness.

In the past, navigation map updates had to be done by collecting vehicles and other means. Unlike ordinary vehicles, there was a half-meter-high white shelf on the roof of the collecting vehicle, and the camera on the shelf could take a full-angle shot of the surrounding scenery, and then transmit it to the computer. Then, the data operator would post-process the captured video, generate or update the navigation map, and store it in the system.

"This kind of update is very labor-intensive, and often a navigation map company has to maintain a data collection and update team of several hundred people, and the cost is huge," Lu Feng said.

The project team believes that the mobile Internet has provided a good information sharing environment for businesses and the general public, and various time-sensitive road network maps and business service information have emerged in an endless stream. If these non-professional maps originated from volunteers are integrated with professional navigation map data, they can provide services to the general public faster and better.

In response to this technical bottleneck, the project team conducted in-depth research, first proposed a geometric pattern-based interest point and road network integration model, established a mapping relationship between the two, and broke through the problem of semantic consistency detection. Then, a heuristic probabilistic relaxation matching model was proposed to achieve the perfect integration of volunteer sources and commercial navigation road networks, with matching accuracy better than 95%, effectively ensuring the richness of information in travel navigation and map applications.

Convenient and accurate multimodal path navigation

Nowadays, the use of mobile phone navigation is not only in driving, but also in the bus, subway, bicycle or walking.

When we go to unfamiliar places by public transportation, we usually need to consider a series of questions: which bus to take? How to get to the bus stop? Which subway to change? How to change to the subway? Which subway exit to enter and exit from? How to get to where we want to go after getting out?…

Due to the differences in the road network environment, these personalized multi-mode travel needs are becoming increasingly prominent. Coupled with the real-time changes in road condition information and the rapid changes in the road network environment, how to provide multi-mode, multi-standard and reliable travel route choices according to the needs of the people?

In response to this problem, the project team developed a travel path planning algorithm group that takes into account different travel standards (short time, low cost, low fuel consumption, less transfer, etc.) and involves different travel modes (self-driving, taxi, bus, subway, walking, etc.).

The algorithm breaks through the technical bottlenecks of multi-mode traffic network spatial data model, multi-mode connectivity automatic processing, reliable travel time prediction, multi-mode multi-standard reliable path planning, multi-user concurrent path query load balancing, etc., and realizes the upgrade of the navigation system.

"We can provide a reasonable travel plan based on the starting and ending points set by the people themselves, and help the people reach the destination conveniently," Lu Feng said.

Environmentally friendly driver assistance systems reduce energy waste

Advocating green travel and achieving energy conservation and emission reduction is the eternal pursuit of urban transportation. Drivers’ bad driving habits often increase the fuel consumption cost of cars, resulting in energy waste and environmental pollution.

In response to this problem, the project team developed an environmentally friendly driving assistance system to provide drivers with a driving strategy suggestion function. This function uses mathematical modeling to transform environmentally friendly driving problems into optimization problems, and calculates the speed range of the car through traffic flow modeling. Then, the optimal driving strategy (optimal gear, speed) of the car in each speed range is solved through the equation between fuel consumption and the driving speed, gear position, and engine load of the car.

The system also collects vehicle driving data such as engine speed and acceleration through a variety of sensors to judge the driver’s environmental protection driving level, establish an incentive mechanism for environmental scoring rankings, and promote a benign change in drivers’ driving habits. At the same time, combined with real-time traffic information, a dynamic path method for energy-saving and environmentally friendly driving has been developed, providing people with green travel planning for energy conservation and emission reduction.

It is understood that the real-time traffic information released by the project covers major highways, national highways and provincial highways across the country (with a mileage of more than 85,000 kilometers), as well as 47 large and medium-sized cities such as Beijing, Shanghai, Guangzhou, and Shenzhen, with an accuracy rate of more than 90%. The research results are directly transformed into three software products and a traffic information service website, and through traffic information services and traffic information technology services, it has successfully cooperated with Internet manufacturers, automobile manufacturers, navigation map manufacturers, and mobile communication operators. The users of traffic information products exceed 200 million, and the daily visits exceed 10 million, generating direct economic benefits 120 million yuan.

The research results of this project have greatly improved the technical level of our country’s traffic information service industry, promoted the formation and improvement of our country’s traffic information service technology system, provided mature traffic guidance information support for large and medium-sized urban traffic management departments across the country, and provided hundreds of millions of users across the country with all-weather and large-scale smart travel information services. (reporter, statement)

[Slow hands] Samsung Galaxy S24 5G mobile phone is on the shelves, the original price is 5,500 yuan, and it only costs 4,900 yuan to get it.

Product:Galaxy S24 (8GB/256GB) Samsung cell phone

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[Unique design] In terms of appearance design, it continues the design of last year’s S23 series. The frame material is made of lightweight aviation-grade aluminum, the weight of the whole machine is about 167g, and the chamfer is designed with a smooth transition to bring a better grip. Provide four color schemes: light amber yellow, yayan gray, ink black, and secret mineral purple.

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[Slow hands] Samsung Galaxy S24 5G mobile phone is on the shelves, the original price is 5,500 yuan, and it only costs 4,900 yuan to get it.

Losses in half a year exceeded 10 billion! When will NIO climb out of the ＂autophagy＂ vortex of gross profit margin？

In addition to huge losses, NIO is getting deeper and deeper in the vortex of "autophagy" of gross margins.

The new power automakers in the first half of 2023 showed a trend of polarization, both in terms of delivery volume and performance.

Looking at the half-year performance of listed car companies according to the statistics of "Automotive K Line", only three car companies in the passenger car sector have experienced the phenomenon of "loss expansion", NIO and XPeng Motors occupy two of them, and they are also lossmaking. NIO’s situation is somewhat special.

1 Former "boss", today "hip pulling"

With the announcement of NIO’s second-quarter results on August 29, the former three giants of new forces "Wei Xiaoli" and the late-comer Zero Run Car both handed over the first half of 2023. Among the three giants of new forces who used to "remember the hardships and think about changes" together, Li Auto has already taken the lead in turning losses into profits and successfully entered the independent head camp. However, NIO, which was ranked first in new forces, has been left behind by Li Auto by a huge gap, and even inferior to the late IPO Zero Run Car.

The second quarter results show that NIO’s operating income in the second quarter of 2023 reached 8.772 billion yuan, down 14.8% and 17.8% from the same quarter, lower than market expectations. Among them, automobile sales were 7.185 billion yuan, with a decrease of more than 20% from the same quarter.

In this regard, the explanation given by NIO is that the average selling price was reduced mainly due to the increase in the delivery of ET5 and 75kWh standard battery packs, and the decline in delivery also led to the decline in Quarter 1 car sales.


"The image is from the NIO announcement."

From the perspective of deliveries, NIO did experience a short-term slump in the first half of the year.

In the second quarter of this year, NIO delivered 23,520 vehicles, a decrease of 6.14% year-on-year and a decrease of 24.22% month-on-month; in the first half of the year, 54,561 vehicles were delivered, a slight increase of 7.35% year-on-year; after June, NIO deliveries gradually picked up and exceeded 20,000 vehicles in July.

Li Auto has continued to break through this year, and has delivered 139,100 vehicles in the first half of the year alone.

As for profits, it is also the case of "one family is happy and several are worried".

In the second quarter of this year, Li Auto’s net profit reached 2.31 billion yuan, an increase of 147.4% compared with Quarter 1, becoming the third new energy automobile company to maintain consecutive quarterly profits after BYD and Tesla.

NIO is showing a trend of expanding losses. In the second quarter, NIO’s net loss was 6.056 billion yuan, an increase of 119.6% year-on-year and 27.8% month-on-month. In the first half of this year, NIO’s net loss has exceeded 10.90 billion yuan, an increase of 139.07% year-on-year. The degree of loss is about two Xiaopeng and close to five zero runs.

No matter whether it is a single quarter or the entire first half of the year, NIO’s net profit attributable to the parent has hit a record low for the same period in history.

When everyone first "debuted" at the same time, NIO was once the "big brother" of the new car-making force in the limelight, but now its profitability is directly at the bottom of the "Wei Xiaoli" three, and it is even inferior to the zero-run car that came from behind.

Where did NIO’s money "lose"?

2 Continuing the "vicious circle" for the first quarter?

In fact, the previously mentioned problem of falling auto sales due to higher deliveries of low-priced cars did not occur only in the second quarter. According to the first quarter performance report of 2023, NIO’s auto sales revenue in the first quarter was 9.225 billion yuan, down 0.2% and 37.5% respectively from Quarter 1 in 2022 and the fourth quarter of 2022.

In this regard, NIO said that the lower average selling price was mainly due to the higher proportion of ET5 and 75kWh standard battery pack deliveries, which was partially offset by the increase in deliveries.

This is the same as the explanation given by NIO in the 2023 second quarter report mentioned earlier.

It can be seen through public information that the price of ET5 75kWh is about 298,000 yuan, while the price of the 100kWh version is about 356,000 yuan, and the price difference between the two is about 60,000 yuan. Although the first and second quarter results did not disclose the specific model sales ratio, the increase in the proportion of low-priced car deliveries brought more than just the decline in car sales.

In the face of the Hong Kong stock market that values delivery volume, NIO sold a large number of low-priced and low-battery models in the first quarter, resulting in gross profit being swallowed up, which is similar to "drinking poison to quench thirst". However, in the second quarter, in addition to the above reasons, the sales of used cars with lower gross margins also increased.

As a result, NIO’s overall gross profit margin fell from 1.5% in the first quarter to 1% in the second quarter, and in 2022, its gross profit margin in the first and second quarters can still be maintained at 14.6% and 13%, which shows that the "side effect" of low-priced models is really obvious.

What needs to be added is that the gross margin of the NIO business alone actually increased by 1.1 percentage points in the second quarter of 2023 due to the decrease in the promotion of the previous generation ES8, ES6 and EC6 models. However, compared with the same period in 2022, the gross margin decreased by more than 10 percentage points due to the previously mentioned product portfolio changes.

It is worth noting that while NIO’s revenue decreased, losses expanded, and overall gross profit margin decreased, investment did not contract. Data show that NIO’s sales, general and administrative expenses in the second quarter of this year were 2.857 billion yuan, which was higher than Li Auto and XPeng Motors 550 million yuan and 1.30 billion yuan respectively.

On the other hand, NIO’s operating expenses are also rising, of which R & D expenses reached 3.345 billion yuan in the second quarter, an increase of 55.6% year-on-year, mainly due to the increase in R & D personnel costs, equity incentive expenses, and new product and new technology design and development.

The poor performance has made the NIO dual shares equally "unfavorable" in the capital markets. In the August list of auto stocks counted by Auto K Line, both NIO dual shares fell from the "red list" in July to the "green list" in August, with a decline of 32.88% (US stocks) and 27.93% (Hong Kong stocks), ranking second and fifth from the bottom of the August total list respectively.

Although the performance and stock price are not satisfactory, NIO is still optimistic. In the third quarter of 2023, NIO expects to deliver 55,000-57,000 new cars, an increase of 74% -80.3% compared with the same quarter in 2022; the revenue guidance is 18.898 billion yuan-19.50 billion yuan, an increase of 45.3% -50.1% year-on-year. Comparing the year-on-year growth rate of deliveries and revenue, it is not difficult to find that in the third quarter, NIO may still be difficult to get out of the whirlpool of gross margin "autophagy".

3 Views ofAutosKline

Looking back at the first half of the year, NIO experienced a period of downturn.

Perhaps the release of the mid-size SUV EC6 on September 15 can help NIO start from "selling more cars" and achieve more profitability.

The victory and defeat of the first half of the year has become history, and a new round of battle between the three Wei Xiaoli families has begun. Li Bin, who has always believed in long-termism, when can NIO climb out of the vortex of "autophagy" of gross profit margins?

The text is original by [Car K Line], some pictures are sourced from the Internet, and the copyright belongs to the original author. The article of this number may not be reproduced without authorization, and violators will be investigated. At the same time, the content of the article does not constitute investment advice to anyone. The stock market is risky, and investment needs to be cautious.

Leo’s endorsement of seven pure electric SUVs, MEB factory quality assurance, SAIC Volkswagen ID6X is worth recommending.

　In recent years, the domestic automobile market has been diversified, new energy vehicles have risen, and consumers’ acceptance of electric vehicles has become higher and higher. As a representative of the joint venture brand, the seven-seat pure electric SUV, SAIC Volkswagen ID6X is manufactured by MEB factory. The 2023 ID6X also brings a new color of Galaxy Blue, and with the help of celebrity spokesperson Leo, it has strong strength. At present, there is a comprehensive discount of up to 50,000 yuan for car purchase, which can be said to be quite worth recommending. How about choosing Volkswagen ID6 for pure electric vehicles? Let’s take a closer look.

How about the Volkswagen pure electric vehicle ID6 — — Yanzhi modeling

The exterior design of SAIC Volkswagen ID6X is different from other models. The front face design of the whole vehicle is very full, with two LED light groups running through the shape of the light strip, and the lens headlights are eye-catching and quite recognizable. The front lip is clearly divided into upper and lower layers, and the lattice grille shape is embedded. Although it is a closed front face, it still creates a rich layering.

The shape of the rear of the car is also very brilliant, especially the expression of the taillights. When stepping on the brake pedal, the rear light group will present an "X" shape, which is a very novel lighting language expression. At the same time, in order to fit the layered design of the front face, the tail shape retains the gentle texture of the medium and large SUV, and still divides the paragraphs hierarchically to strengthen the visual impact.

How about the Volkswagen pure electric vehicle ID6 — — Cockpit design

The space of SAIC Volkswagen ID6X adopts a simple design style, without too much fancy treatment and need not be too fancy. With the prevalence of pragmatism, such a refreshing cockpit is rare. However, the large area of leather inside the car brings full high-grade texture, while the large suspended central control screen is matched with the small screen on the side, and the decoration of science and technology is also indispensable. The traditional bar is cancelled and the knob shift is adopted, which really adds a lot of storage space in the front row, which also helps drivers or passengers to better store items and alleviate the problem of space anxiety.

The flat-bottomed three-spoke steering wheel is the latest model of the Volkswagen family. The multi-function buttons are touch-controlled and embedded with a vibration motor. Every touch will bring clear and full feedback, ensuring that the driver can detect whether it is touched by mistake or whether the function is in place. Many people say that touch buttons are easy to touch by mistake, but SAIC Volkswagen ID6X has reserved enough space distance, and it is quite difficult to touch them by mistake.

How about the Volkswagen pure electric vehicle ID6 — — Performance level

In terms of battery life, SAIC Volkswagen ID6X provides various versions, including the entry-level pure version with 460km battery life, the four-wheel drive version with 555km battery life and the long battery life version with 617km battery life. The entry-level pure version of 460km is very cost-effective. Although the guide price is 259,800 yuan, there are very powerful discounts at present, and it is still very fragrant. Such a large seven-seat SUV, at this price, is still blessed by the popular brand, and it is really fragrant.

The 555km four-wheel drive version is for friends with performance requirements. If you want to feel the passion and driving pleasure, then this four-wheel drive version can bring full happiness while carrying family and friends, and it is also a good option. The long battery life version of 617km is the first choice range for most consumers. After all, it is very important to run for a long time, and the battery life of 617km can also meet the long-distance demand. If it is a city commute, it is quite convenient without too much charging anxiety.

Finally: How about the pure electric vehicle Volkswagen ID6? The comprehensive strength of this car is still quite outstanding, with a high degree of appearance recognition. The cockpit design is not fancy but very exquisite and practical. The battery life is up to 617KM, and now it has a comprehensive discount of up to 50,000 yuan. If you are choosing a pure electric medium and large SUV, you may wish to Get this Leo model, which will not let you down.

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