Counting the hot words of new energy vehicles this year, BYD DM-i must be one. This is the name of BYD’s new DM-i super hybrid system, which is being known and understood by more people. To put it simply, it takes Xiaoyun-plug-in special 1.5Ti and 1.5L engines as its core, as well as EHS electric hybrid system and DM-i super hybrid special power blade battery. When the models equipped with this system were launched one after another, BYD DM-i recreated this sentence in the PHEV market almost like "Hybrid is divided into Toyota Hybrid and Other Hybrid": "PHEV is divided into BYD DM-i and other PHEVs".

The biggest competitiveness of this system lies in its low fuel consumption. As a seven-seat medium-sized SUV, Tang DM -i benefits from the DM-i system because of its relatively large vehicle positioning. With two hard indicators of "5.3L/100km fuel consumption+1,050 km comprehensive endurance", it has become one of the most concerned new energy SUVs in the market.

Why can DM-i arouse such strong attention?

Answer: high efficiency. There has always been an understanding of PHEV and HEV in the market, that is, PHEV uses electricity to save fuel, and HEV always saves fuel. After PHEV runs basically without electricity, there is no HEV to save fuel, and even no ordinary traditional fuel vehicle saves fuel.

BYD’s new DM-i super hybrid system, compared with the ordinary PHEV system, one of its core improvements is precisely "power loss and fuel consumption". In terms of official announcement data, Tang DM-i’s "power loss and fuel consumption" can achieve 5.3L/100km. The most direct comparison is the new generation Toyota Highlander with similar length and curb weight. Its powertrain is equipped with a Toyota 2.5L HEV hybrid system, in which the fuel consumption per 100 kilometers of two-wheel drive/four-wheel drive models is 5.3L and 5.8L respectively. It can be seen that the energy-saving advantage of BYD Tang DM-i is quite obvious.

What is the actual situation? In BYD Tang DM-i’s "Energy-saving Test Drive in Five Theater" series, Jiashipai also participated in one of the stops. My colleague and two other media colleagues drove the Tang DM-i 112KM distinguished model and started driving near Xiling Snow Mountain in the outer suburbs of Chengdu (this is a favorite self-driving route for Chengdu families to take their children skiing in winter). In the end, the vehicle where the driver was sent won the first place, with an average fuel consumption of 2.8L per 100 kilometers.

It should be noted that 5.3L is only the official fuel consumption of Tang DM-I. If the battery is fully charged, the pure battery life of the model equipped with 21.5-degree blade battery will reach 112km, and that of the model equipped with 9.98-degree blade battery will also reach 52km. As the daily travel of home users is of course more full of electricity, short trips like more than 100 kilometers are the most common, driving with pure electricity first and then driving in mixed mode, so Tang DM-i often gets lower fuel consumption.

The energy consumption performance of Tang DM-i can be summarized into two characteristics:One is "big and economical" and the other is "the more blocked, the more economical".

"Big and provincial" is obviously based on the positioning of Tang DM-I. For the seven-seat SUV models with a car length of nearly 5 meters, consumers often have the impression that "the fuel consumption pressure is a bit high". At present, such vehicles with a price of less than 300,000 yuan, especially less than 250,000 yuan, are basically traditional fuel vehicles or HEV. Because of their large size and high kerb quality, the daily comprehensive fuel consumption is basically in the early 10L or even higher.

In contrast, the cost advantage of Tang DM-i is quite obvious. In addition to the power loss and fuel consumption of only 5.3L, on the other hand, the vehicle price itself is competitive. The guide price range of the three models is 1898-216,800 yuan, and as a PHEV model, it is not necessary to pay the new car purchase tax, and it is still a "green card treatment" in other provinces, autonomous regions and municipalities except Beijing. It is especially convenient to open an extra working day every week in some cities that implement "tail number restriction"

"The more traffic jams, the more provinces", first of all, based on the inherent advantages of Tang DM-i as a PHEV, consumers usually commute in urban areas, and the urban fuel consumption of seven medium/large SUVs can easily exceed 12L per 100 kilometers, even close to 20L per 100 kilometers in traffic jams. However, the daily use of Tang DM-i is mainly electricity. Generally, the commute to and from work is no more than 50 or 60 kilometers. In addition to EV pure electric mode, Tang DM-i can automatically switch to HEV series mode in the state of power loss. The engine always runs in the efficient working area to drive the generator to generate electricity, and the whole vehicle is still driven by the motor, so the congested road sections are also very economical. It is not the traditional impression that "there is a worm after no electricity, and the meat consumes oil" in PHEV. Commuting in big cities, it’s not unreasonable for Don DM-i to save 50 yuan oil money in one day.

Key question: Why does BYD DM-i super hybrid system equipped with Tang DM-i have such great advantages?

We might as well make a technical analysis. First of all, Tang DM-i is equipped with Xiaoyun-Plug-in special turbocharged 1.5Ti high-efficiency engine. This engine is very advanced in technology. It adopts Miller cycle with high fuel efficiency, with a thermal efficiency of 40%, a peak output power of 102kW and a peak torque of 231 N m.

Second, the motor is strong. Although the three models of DM-i in Tang Dynasty are all single motors, the maximum power and torque of the motor of the 52KM pure electric endurance model reach 145kW and 316N·m, while the maximum power and torque of the motor of the 112KM pure electric endurance model reach 160kW and 325 N m. As a result, the 100-kilometer acceleration of the 52KM version is 8.7s, and that of the 112KM version is 8.5s..

Thirdly, it is worth mentioning that all three models of Tang DM-i are equipped with BYD’s famous blade battery. What is a blade battery? To put it simply, at present, there are two mainstream battery structures on the market, namely ternary lithium battery and lithium iron phosphate battery. The former has high energy density, but its safety is slightly inferior to the latter, while the latter has high safety, but its energy density is low, so it is not easy to achieve long battery life. BYD blade battery has just solved the problem of low energy density of lithium iron phosphate battery and passed the most stringent acupuncture test in the power battery industry, thus integrating endurance and safety. This is also a microcosm of BYD’s strong scientific research strength in battery research and development.

The advantages of DM-i are not limited to high efficiency.

The "benefits" brought by BYD’s DM-i super hybrid system to Tang DM-i models are actually not limited to high efficiency. Taking NVH performance in the dynamic process as an example, the author has also compared and tested two models because the driving school bought a new generation of Highlander’s long test car. The HEV system of Highlander is not strong enough, so it is very easy for the 2.5L naturally aspirated engine to increase its speed due to the need of acceleration, so the "presence" of engine noise is relatively strong, especially on urban expressways and mountain roads where the speed changes greatly. The DM-i in Tang Dynasty mainly uses electricity for daily travel because the motor is strong enough. Even if the gasoline engine is started, it works at the economic speed most of the time, so the vehicle is very quiet.

Compared with other traditional fuel vehicles, Tang DM-i can avoid the rush caused by the shift of traditional gearbox because it is mainly driven by electricity. Therefore, Tang DM-i is more than just getting a green card than Toyota’s HEV and other fuel SUV models. In fact, Tang DM-i focuses on the six product features of "fast, quiet, smooth and green", that is, the advantages of light acceleration brought by the motor, high efficiency of DM-i system, quietness of main power consumption, smoothness of avoiding gearbox intrusion, green brand of environmental protection and seven large spaces, which has achieved all-round and more advanced performance.

Fierce fighting joint venture model, China brand in the breakthrough point of 200 thousand yuan+

BYD Tang family, as the first China brand vehicle with an average transaction price of over 200,000 yuan and sales volume of over 260,000 units in history, has been in a comprehensive competition situation with seven medium/large SUVs. This time, Tang DM-i still has the consistent performance of the Tang family in design, interior luxury, car system, space and configuration. DiLink3.0 intelligent network connection system and DiPilot intelligent driving assistance system have become advantages in the competition with joint venture models.

The front of the DM-i in Tang Dynasty is shaped like a dragon face, with large front, large grille opening and strong tension. The Chinese character "Tang" LOGO embedded in the middle is very imposing, which is also a kind of "domestic sentiment" for consumers. The "sense of volume" on the side of the car body is also very large, and the 4870mm long car body creates a full-fledged "mature man gas field". There is a unique "wireless" logo on the rearview mirror, which means that NFC can be unlocked when the phone is close to the exterior rearview mirror.

The interior of Tang DM-i is also very design-oriented. Its designer, Michele Paganetti, was also an S-class interior designer of Mercedes-Benz. He has always been good at controlling the luxury of the cart. Soft leather wrap, piano paint, metal decorative board, suede material, and two-color stitching make the whole interior quality very layered. In addition, Tang DM-i is equipped with a 12.3-inch full LCD instrument and a 15.6-inch central control large screen. The car adopts an 8-core processor, and the central control screen supports rotation, which can freely switch between horizontal and vertical screens. In addition, in terms of the accuracy of voice recognition that consumers care about, it provides 70+ intelligent voice controls, which support fuzzy semantics, children’s voice recognition and multi-person interaction.

The space in the second row of Tang DM-i is very spacious. After I enter at a height of 175cm, I still have leg space close to four fists, just like sitting in the back row of a B-class car, and there is enough head space. The second row of seats also has the function of moving back and forth, which can make room for the third row of passengers when the third row needs to sit. The horizontal space width of Tang DM-i is an important advantage. Together with the flat platform, it is very helpful for the second row to seat three passengers relatively easily.

In terms of intelligent driving, the equipped DiPilot intelligent driving assistance system is rich in functions, including DiPilot intelligent driving assistance, DiPilot intelligent remote control driving mode, DiPilot 3D holographic transparent image system, DiPilot steering wheel lane departure auxiliary vibration reminder, etc. It is a set of systems that can definitely be called L2 level after the definition of L2 has been strictly defined in the industry recently.

Conclusion of driving an official > > >

After the introduction of the DM-i super hybrid system, BYD Tang family added three DM-i configuration models with very high cost performance. Tang DM-i is a real all-round family SUV, because it has both the economy of pure electricity for commuting in cities and the high efficiency of long-distance travel at the provincial level in the province, realizing the characteristics of "being big and saving, and enjoying the driving pleasure brought by high-power motors at any time." The price of Tang DM-i concentrated around 200,000 yuan is very powerful, which further consolidates the position of BYD Tang family as the sales champion of the seven-seat SUV market segment of China brand, and greatly enhances the combat effectiveness of the Tang family’s joint venture of seven SUVs.

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　　[car home new car listed] Chery (|) officially listed today.The new car launched three models with a price of 159,900-179,900 yuan.The car will be equipped with a plug-in hybrid system consisting of a 1.5T engine and an electric motor, and the fuel consumption of WLTC is 1.70L/100km.

■ New car features

　　In terms of appearance, the new car is consistent with the fuel version, and a blue decoration is added at the bottom of the grille to indicate identity. Specifically, it adopts a large-size front air intake grille and is equipped with a lattice-type middle net structure, which looks very atmospheric.

　　On the side of the car body, the new car adopts the standard SUV body structure, and the front and rear fenders slightly protrude from the car body, showing the fashionable and dynamic side of the car. In terms of body size, the length, width and height of the new car are 4745/1860/1747mm and the wheelbase is 2710mm respectively.

　　On the tail side, the new car is equipped with a roof spoiler, and the taillights adopt a through design, and the array shape of the internal light group is highly recognizable after lighting. In addition, the new car also adopts a bilateral chrome-plated exhaust design, which surrounds the rear diffuser decorative panel in the middle to further enhance the dynamic effect of the vehicle.

　　Entering the car, the new car as a whole adopts a very simple design style of blue and two colors. At present, the popular 12.3+12.3 dual screen design has excellent visual effects, and many bright black design elements are incorporated into the steering wheel, center console and other details, which can play a very good embellishment effect. Tiggo 8 PRO New Energy is equipped with the exclusive seat of the Queen, which can provide SPA-level massage enjoyment; SONY deluxe 8-speaker surround sound and stepless color-changing melody atmosphere light.

　　In addition, the new car is also equipped with an 8155 chip to ensure the smooth experience of the car, and also uses a W-HUD head-up display. In terms of active safety, it is equipped with L2+ intelligent driving assistance system, including 360 bird’s-eye panoramic ultra-clear reversing image, AEB automatic emergency braking system, LDW lane departure warning, LKA lane keeping system, TJA traffic congestion assistance, ICA integrated cruise assistance, full-speed ACC adaptive cruise, FCW front collision warning, IHC intelligent high beam control, high-speed automatic auxiliary steering & braking and many other intelligent driving assistance functions.

　　In terms of power, the new car is equipped with a plug-in hybrid system consisting of a 1.5T engine and a motor, in which the maximum power of the engine is 115kW, and it is matched with two motors. The comprehensive power of the system is 240kW and the comprehensive torque is 545n m.. The transmission system is a 3-speed DTH gearbox developed by Chery, and the acceleration of 0-100km/h is 7.2 seconds. With the help of the hybrid special 3-speed DHT electric hybrid system, Tiggo 8 PRO new energy provides three modes: EV, HEV-Normal and HEV-Sport. Tiggo 8 PRO new energy comes with external discharge function, which can be transformed into a 3.3kW high-power mobile power station.

　　Its pure battery life is 80km(WLTC), and the battery is a ternary lithium battery of Guoxuan Hi-Tech. The fuel consumption is as low as 5.9L(WLTC) when it is out of power for 100 km, and the comprehensive fuel consumption value is 1.70L/100km, and the comprehensive battery life is over 1,000 km. Tiggo 8 PRO new energy also supports 29kW DC fast charging, and it takes only 25 minutes to charge the power from 30% to 80%, which is one step faster in acceleration and charging.

■ Edit comments

　　The Tiggo 8 PRO is the third model of the Tiggo 8 family. It is the same as the two brothers in the series in three parts and body size, but it has changed its appearance, interior and configuration. Compared with Tiggo 8, which focuses on economy and practicality, Tiggo 8 PLUS focuses on luxury, while Tiggo 8 PRO focuses on youth and technology. It is aimed at the post-90 s family, which not only inherits the advantages of the large space of Tiggo 8 series to meet household needs, but also meets the needs of intelligent networking and young design after 90 s. In the current rush of new energy vehicles, the introduction of the plug-in version of its fist products can further enrich the power combination of the models and meet the needs of more consumers. I also hope that Tiggo 8 PRO new energy will be successful after listing. (Text/car home Xing Yueyang)

　　Qu, a female master of returnees, started a business in China. I didn’t expect that the business was not smooth and the company was difficult to maintain. Once, Qu was sorting out work materials in the study room of a famous university in Haidian District, during which he found that the laptop on the table next to him was unattended, so he extended a thief’s hand. Since then, Zou has committed crimes for more than 10 times. Yesterday, the reporter learned from the Haidian prosecutor that on February 24 this year, the prosecutor approved the arrest of Qu on suspicion of theft. Zou confessed that stealing things is to exchange money and maintain the company’s operations. Jinghua Times reporter Chang Xin

　　> > case

　　People go to eat, computers stay in study rooms.

　　At about 17: 45 on January 16th this year, Dandan (a pseudonym), a student of a famous university in Haidian District, and his classmates left the study room to have dinner in the cafeteria, and put the Apple laptop on the desk in the study room.

　　At about 19: 45, Dandan returned to the study room and found the laptop on the desk stolen. Upon inquiry, it was learned that only a few students were studying in the study room at the time of the incident, and no one noticed that someone had entered the study room and taken away the laptop. Dandan immediately called the police.

　　The police at the Yanyuan police station quickly rushed to the scene. After verification with the school, since January this year, there have been many cases in which articles left by students in the study room have been stolen.

　　Due to the seriousness of the case, Haidian Public Security Bureau attached great importance to it. At 9: 30 am on January 18, a task force composed of the plainclothes investigation squadron of the criminal investigation detachment and Yanyuan police station was set up.

　　> > investigation

　　Borrow students’ computers to leave traces on the Internet.

　　The police seized the surveillance video of the study room and found that at 6 o’clock on January 16, a woman wearing a light coat and a blue hat entered with a white satchel on her shoulder.

　　The woman first walked in the corridor of the study room and sat down when she reached the place where Dandan put her laptop. She turned on her laptop, looked at other students in the room at the same time, and found that no one was paying attention, so she put the computer in her satchel and got up and left. The whole crime time is only more than 5 minutes.

　　The police then inquired about the monitoring of other study rooms where crimes were committed. After a series of cases, it was learned that since January this year, the woman went to the university several times in the afternoon and evening, entered when the students left the study room, and stole the laptops left by the students.

　　The surveillance also recorded a picture that the female suspect had borrowed a computer from a student in the study room. The police managed to find the student and learned that the female suspect borrowed the computer to check things online. According to their online records, the police learned through technical means that the female suspect was Qu, and grasped the woman’s physical appearance through case monitoring. Because of the suspicion that Qu might commit crimes in the school, the task force arranged for the police to stay in plain clothes near the study room.

　　> > arrest

　　Go away after stealing a mobile phone and be caught red-handed

　　At about 18: 50 on January 18, the plainclothes policemen who were guarding found a woman wandering near the teaching building, and then entered a study room. The woman’s appearance was similar to that of the suspect Qu Mou in the monitoring screen, wearing a black coat, a black hat and a black shoulder bag.

　　The police immediately placed control outside the study room. When the suspect walked out of the study room, he controlled it and got a red rice mobile phone from his satchel. The suspect woman introduced herself as Zou. At first, Zou argued that the mobile phone was borrowed from school students to make calls. At this time, a female student walked out of the study room and recognized that the mobile phone was her own. I don’t know when it was stolen by Qu. The police then showed the surveillance video of Zou’s previous theft, and Zou bowed his head and admitted the fact of his theft. Subsequently, the police obtained seven laptops involved in the case from their temporary residence.

　　After the trial, Qu admitted that he had repeatedly entered the study room of the school to steal. The police audited more than 10 cases and obtained 7 laptops and a mobile phone involved. On January 19 this year, Qu was criminally detained by Haidian police on suspicion of theft.

　　> > confession

　　Commit a crime to raise funds for the company

　　Yesterday, the reporter learned from Haidian Procuratorate that on February 24 this year, the prosecution approved the arrest of the suspect Qu on suspicion of theft.

　　According to the prosecutor who handled the case, after the trial, it was learned that the suspect Qu was 31 years old. He studied in France and obtained a master’s degree. In 2015, he returned to China to start a business and start a company. Unexpectedly, the business development is not smooth, and the company is difficult to maintain.

　　According to the prosecutor, on January 1 this year, the suspect Qu Mou came to a famous university in Haidian District. When sorting out the work materials in the study room, he found a Lenovo laptop on the back desk, and the victim went out to work. At that time, there were very few people in the classroom. Qu Mou left this laptop in a black bag that he carried with him in a hurry.

　　After a success, Zou found that this was also the way to make money, so from January 1 to January 18, he committed crimes in the study room of the university many times, stealing Apple laptops, Lenovo laptops, Xiaomi mobile phones and other items.

　　According to Qu, she never looks at the brand when stealing goods, only at the operating system. She only steals from Apple or Microsoft. The first time I stole something, I wanted to use it for myself. The second time, the company ran out of money. I stole a laptop and sold it for emergency. Then I stole it to prepare funds for the future development of the company.

　　In response to this case, the prosecutor reminded that the school is an open place where all kinds of people will appear. There are not only students who study by themselves at school, but also idlers in society. Everyone should ensure the safety of their belongings. If it is a small item such as a mobile phone, you may wish to take it with you at any time. If it is a big item such as a computer, it is best to ask a classmate who is sitting nearby and familiar with it to take care of it.

　　The favorable sports policy, the shaping of city image, the influx of commercial capital, the huge population base, and the national fitness craze — — In recent years, the marathon industry in China has been on the "expressway" in running all the way, and in the past 2018, it has averaged 4.3 races per day.

　　With the upgrading of national fitness consumption, ten thousand people get together in marathon events, which also reflects the huge potential market for sports development in China. However, as the marathon continues to heat up, all kinds of chaos can not be ignored.

　　The number of events continues to hit record highs.

　　On March 11th, 2018 China Marathon Annual Report released by China Athletics Association at the annual press conference of 2018 China Athletics Association showed that the scale of China Marathon events continued to increase, and the industry-driven effect appeared, further enlarging its influence.

　　By the end of 2018, there were 1,581 marathons and related sports events (road races with more than 800 people and cross-country races with more than 300 people) held in China, an increase of 479 games compared with 1,102 games in 2017, with an increase of 43.46%. The cumulative number of participants was 5.83 million, an increase of 850,000 or 17.07% compared with the total participation scale of 4.98 million in 2017.

　　With the marathon events in first-tier cities such as Beijing, Shanghai and Guangzhou "one ticket is hard to find", the event resources are also shifting to small and medium-sized cities. The data shows that in 2015, only 79 cities in China held marathon events, which increased to 133 cities in 2016 and 234 in 2017. In 2018, 285 prefecture-level cities held marathon events, covering more than 85% of the prefecture-level cities in China.

　　The data also shows that Zhejiang, Jiangsu and Guangdong provinces are far ahead in the number of marathon events, and the number of marathon events held in Beijing, Shanghai and Shandong has also exceeded 60. Some insiders believe that the regional distribution of the events is consistent with the pattern of local economic strength, indicating that the holding of marathon events depends on a certain economic foundation and consumer demand.

　　The number of events is constantly reaching new heights, and the consumer groups of marathons are growing. The "blowout" growth of the running population has shown a good market prospect for the marathon industry. Focusing on marathon events, radiation drives the integration and development of catering, tourism, transportation, retail and other related industries, and perfecting the whole industrial chain is the next key breakthrough. The key words are "specialization" and "refinement".

　　According to the report, in 2018, the total annual consumption of China Marathon reached 17.8 billion yuan, the total annual consumption driven by events reached 28.8 billion yuan, and the total annual industrial output reached 74.6 billion yuan, an increase of 7% compared with last year. In particular, the fast-moving consumer goods related to running, such as the development of various running equipment and smart wearable products, have become the "big cake" that major sports brands compete for in marathon events.

　　"2018 is an important year for China Marathon to accelerate reform and development and seek quantitative change to qualitative change." Yu Hongchen, director of the Athletics Management Center of the State Sports General Administration and vice chairman and secretary general of the China Athletics Association, said at the press conference, "Marathon has played an important role in promoting, upgrading and promoting national fitness, urban tourism consumption, economic growth, city visibility and reputation in all provinces, autonomous regions and municipalities."

　　The industrial chain that ran out

　　For most runners, running has a natural advantage — — The participation threshold is low, simple and easy to operate. As long as you have a pair of running shoes and a sportswear, you can easily get on the road. In China, marathon is becoming a "super online celebrity"-like sport, and more and more people are keen on "horse racing". Running on social media such as WeChat and Weibo has increasingly become synonymous with pursuing health and improving the quality of life.

　　In 2011, the domestic GDP per capita exceeded 5,000 US dollars, which was regarded as the first year of "marathon fever" in China. That year, China Athletics Association participated in 22 marathon and related road running events. As a result, the development momentum of China Marathon began to appear. By the beginning of 2015, the China Athletics Association announced that it would completely cancel the examination and approval procedures for marathon events and simplify the access procedures, and the number of events immediately "blew out".

　　The scale of the event has come up, and the number and quality of runners have also improved. Taking the Beijing Marathon in 2018 as an example, the number of applicants exceeded 110,000 for the first time, and 111,793 people competed for 30,000 all-Malaysian places, making the winning rate a record low.

　　The popularity of marathon is not only reflected in the number of participants, but also in the growing market of running-related products. Advertising, clothing, smart wear, real estate, finance, medical care, etc. are all related to marathon. In addition to enlarging the city’s business cards and enhancing the popularity of corporate sponsors, it also enhanced the sales of sports equipment, thus driving the actual benefits of the entire road running industry chain.

　　Take Xiamen, which has the reputation of the most beautiful marathon track, as an example: in 2018, "Xiamen Horse" brought Xiamen 116 million yuan in direct economic benefits, 175 million yuan in driving economic benefits and 291 million yuan in comprehensive economic benefits. On the day of the competition, more than 20,000 tourists visited the competition. Only foreign and foreign athletes who came to participate in the competition contributed about 27 million yuan to Xiamen’s accommodation and catering.

　　Like all sports industries, marathon industry has a large development space and a long industrial chain extension, which has a wide impact on local tourism, urban impression, urban planning and transformation, and other industries in the city. The correlation of industries provides more possibilities for industrial development space.

　　Among the top ten most commercially valuable urban marathon events in 2018, Beijing, Shanghai, Guangzhou and Shenzhen are among them, followed by second-tier and quasi-second-tier cities such as Xiamen, Wuhan, Hangzhou, Zhengzhou, Xi ‘an, Lanzhou and Chongqing, and some county-level areas such as Dawu County, Xiaogan, Hubei, and Sihong County, Suqian, Jiangsu, have also joined the ranks of holding marathon events.

　　According to the development goal of China Athletics Association in 2020, there will be more than 1,900 marathons in China, with 10 million participants, and the scale of marathon sports industry will exceed 120 billion yuan. The marathon in the 100 billion economic market is waiting for more individuals or enterprises to dig gold.

　　Under the "blowout", there are also many problems

　　The threshold for running a marathon seems to be very low, but it is precisely a project that tests the ability of organizing and coordinating events. Every marathon is a test of a city’s traffic operation, medical first aid, and citizen tolerance. For example, the details such as track setting, guide board setting and mobile toilets are not well considered, and in the end, it will not enhance the reputation of the city, but will be counterproductive.

　　It is particularly noteworthy that there are a large number of people participating in the marathon, and ensuring the personal safety of the participants is the top priority for the continuous success of the marathon. Moreover, due to the large number of participants in this kind of sports event, there is a huge demand for medical rescue resources, but marathon events in various places are facing the embarrassment of "lack of internal strength", especially the lack of medical training related to marathon for medical staff.

　　At the same time, although the public’s participation in the marathon is getting higher and higher, it is actually very difficult for the event operators to make ends meet, and even fewer can make direct profits. Many city marathons are in an embarrassing situation of not making money because of problems such as vague brand positioning, rough operation and making money at a loss.

　　At present, the operation of domestic marathon events mainly depends on government subsidies and independent investment, and some local marathon events also expand ticket income, tourism training, derivatives and other aspects of income. In terms of investment promotion, except for some head events, many marathons have shortcomings in sponsorship. From the perspective of the government, all localities are keen to hold marathon events, mainly because of the brand effect of fancy cities and its pulling effect on local tourism, catering, accommodation and other industries.

　　"Only high-quality competitions and high-quality runners can truly maximize the economic and social benefits of the marathon industry." Some experts believe that the domestic marathon is in the transition period and running-in period, and many operations need to be standardized. In addition to the related market economy as the main axis, the benefits of marathon events are more social and urban benefits.

　　As a matter of fact, people’s enthusiasm for participation is not diminished, and the demand for sports consumption is huge. Driven by the interests of all parties, the organizers of the event have staged farce from time to time while the domestic marathon is in full swing. Runners and organizers who lack the awareness of rules, from banning drugs and replacing races to cutting corners and handing the national flag, are overdrawing and damaging the marathon brand and marathon culture.

　　The Annual Report of 2018 China Marathon of China Athletics Association, while affirming the achievements, also revealed the difficulties and challenges faced by the development of China Marathon, including the weak cultural foundation of marathon and the imperfect awareness of industry rules; Product innovation is insufficient, and the homogenization of events is obvious; The concept and method of industry supervision need to be innovated urgently; Penalties for violations of the relevant organizers are not timely; The competitive level of marathon still needs to be improved.

　　According to reports, the awareness of rules has now become the consensus in the industry. According to the plan, China Athletics Association will improve six kinds of management documents such as competition management, competition discipline, international activities, management of operating companies and club management this year, and release the organization guide and competition guide for marathon events. The standardized and healthy development of marathon has become a new expectation of the industry.

　　On the morning of the first trading day after the long holiday, the A-share market fluctuated at a low level as a whole, and the main indexes fell to varying degrees. The stocks in the automobile industry chain rose collectively and set off a wave of daily limit. Some stocks hit the "20CM" daily limit in intraday trading. In the news, the new M7 was sold out during the long holiday, and more than 50,000 units were ordered only 25 days after it went on the market. In this regard, Yu Chengdong, chairman of BU, Huawei’s smart car solution, commented: "It’s really not easy to come back to life".

　　Last night, more than 10 A-share listed companies released the third quarterly report.It is predicted that the share prices of many pre-increased companies will rise sharply this morning.

　　In addition,Last night, I disclosed that I had received the notice of filing a case from the China Securities Regulatory Commission.This morning, the intraday share price fell by more than 13%.

　　Affected by typhoon "Little Dog", Hong Kong stocks suspended trading in the morning. According to the latest announcement of the Hong Kong Stock Exchange, the No.8 gale or storm signal triggered by typhoon "Little Dog" was changed to No.3 gale signal at 11:40. Normal trading will resume at 14: 00.

M7, a new field of "selling explosion", set off the daily limit of the automobile industry chain against the trend.

　　This morning, the overall A-share market fluctuated at a low level. As of the close of the morning,Down 0.69%.

　　In terms of plate and track, the automobile industry chain plate became the strongest plate in the morning market, with an intraday increase of more than 2%.、The intraday trading touched the "20cm" daily limit, and there was anotherWait for more than 10 shares to have an intraday daily limit.

　　In the news, on October 7th, Yu Chengdong, chairman of BU, Huawei’s smart car solution, said that only 25 days after its listing, more than 50,000 new M7 sets had been announced. On October 6th, the number of new M7 vehicles (orders with high deposit and purchase intention) reached 7,000, on October 5th, it was 3,500, and in the last two days of the holiday, it exceeded 10,000. "It’s not easy to come back to life!" Regarding the explosion of the new M7, Yu Chengdong said.

　　In other conceptual sectors,Some concepts related to automobiles, such as automobile management and integrated die casting, have also strengthened.

The performance of many companies has increased in advance, and the stock price has risen sharply.

　　Last night, more than 10 A-share listed companies released the performance forecast of the third quarterly report.

　　The performance forecast for the first three quarters of 2023 released last night shows that the company expects that the first three quarters of 2023 will be owned by listed companies.ofIt was a profit of 16.5 million yuan to 19.5 million yuan, compared with a loss of 10.2934 million yuan in the same period last year. Regarding the reasons for the performance changes, the company said that in the first three quarters of 2023, the company achieved a year-on-year increase of about 58%, of which the third quarter was realized.Compared with the same period of last year, it increased by about 140%, mainly due to the growth brought by the continuous heavy volume of orders for key models of aviation seat products supported by the company and the year-on-year growth of civil aviation maintenance business due to the recovery of flights; The company’s business development, project preparation, talent team construction and cost control in the first three quarters also provided a good guarantee for the year-on-year growth of revenue and profit in the first three quarters.

　　This morning, the share price rose by more than 8%, and then the increase narrowed.

　　The results forecast for the first three quarters of 2023 released last night shows that the company expects the net profit attributable to shareholders of listed companies in the first three quarters of 2023 to be 500 million to 580 million yuan, an increase of 117.51% to 152.32% over the same period of last year. As for the reasons for the pre-increase in performance, the company said that in the third quarter, Yinman Mining, a subsidiary of the company, mined the raw ore with an elevation of 710m-810m, and the grade of tin was relatively high. At the same time, Yinman Mining concentrator stopped production on June 9, 2023, and the flotation process of cassiterite was transformed on the original basis, which was completed and put into use on July 10. After this technical transformation, the recovery rate of tin was increased from 50% to 60% (.

　　This morning, the stock price gapped higher, and once rose more than 7% in intraday trading.

　　The results forecast for the first three quarters of 2023 released last night shows that the company expects the net profit attributable to shareholders of listed companies in the first three quarters of 2023 to be 215 million to 220 million yuan, an increase of 89.18% to 93.58% over the same period of last year. According to the company, in terms of signing bills and income, in the first three quarters of 2023, the company achieved signing bills of about 3.484 billion yuan, a year-on-year increase of about 42.44%, and the rapid growth of signing bills led to the rapid growth of the company’s operating income; In the first three quarters of 2023, the company achieved an operating income of about 2.537 billion yuan, a year-on-year increase of about 42.53%.

　　This morning, the share price rose by more than 6%, and then the increase narrowed.

　　The results forecast for the first three quarters of 2023 released last night shows that the company expects the net profit attributable to shareholders of listed companies in the first three quarters of 2023 to be 272 million to 282 million yuan, up 61.96% to 67.91% over the same period of last year. As for the reasons for the change in performance, the company said that in the face of the complicated and ever-changing market environment, the company has always focused on its main business, carried out various operations closely around the company’s development strategy and management objectives, and continued to gain high recognition from the top customers in the market with its excellent R&D, technology and production capacity. During the reporting period, customer demand was strong, fixed-point projects were gradually mass-produced, and orders increased significantly. The companymotive forceBox, automobile precision stamping die and metal parts,And photovoltaic inverter business steadily improved, operating income increased year-on-year; At the same time, the company improved management efficiency, and continuously and effectively promoted measures such as reducing costs and increasing efficiency and independent innovation.

　　This morning, the share price rose by more than 5%, and then the increase narrowed.

　　However, there are still some companies whose share prices are relatively flat or even falling after the announcement of pre-increase in performance.

At one point, the stock price in the case fell by more than 13%.

　　Last night, the announcement about receiving the notice of filing a case from China Securities Regulatory Commission was disclosed.

　　According to the above announcement, the company received the Notice of Filing and the Notice of Investigation issued by the CSRC on October 8, and the CSRC decided to file an investigation on the company because the company was suspected of violating laws and regulations in information disclosure.

　　According to the announcement, during the investigation, the company will actively cooperate with the investigation of the China Securities Regulatory Commission and fulfill its information disclosure obligations in strict accordance with regulatory requirements. At present, the company’s various production and business activities are carried out normally.

　　Affected by the above news, Su Daweige’s share price plummeted in intraday trading this morning, once falling by more than 13%, and then the decline was significantly narrowed. As of the close of the morning, the share price fell by 5.62%.

Reporter | Jin Jing

Image source | Provided by respondents

Only know Huawei, forget the well-off society.

This is the impression that the new car M5 went public.

On December 23rd, at the launch conference of Huawei’s flagship new products in winter, the M5 finale appeared. However, Xiaokang shares did not appear in front of the stage, so that people who don’t understand it don’t know that this car was originally produced by Xiaokang shares.

Although Huawei executives once again stressed that "Huawei only makes parts, does not build cars, and helps car companies build and sell good cars", the next day, Xiaokang shares were quickly rejected by the capital market and there was a limit!

Rethinking behind this phenomenon: in the era of smart cars, technical strength determines the right to speak.

Huawei’s attention, well-off invisibility

Through the listing of M5, we can feel Huawei’s attention.

The car first appeared at Huawei’s new product launch conference, and it appeared as the finale product.

Because of this car, the original 90-minute press conference was extended to more than 150 minutes. Among them, M5 takes up nearly half of the time.

Yu Chengdong, managing director of Huawei, CEO of consumer business and CEO of BU, a smart car solution, introduced M5, took out a paper towel and wiped her face, apologetically saying that she had caught a cold. According to incomplete statistics, Yu Chengdong used more than 30,000 words to introduce M5.

After the conference, Huawei’s new products were displayed in different regions. Among them, the largest area is the automobile exhibition area.

However, what about Xiaokang shares? Still invisible. At the press conference, there were only a handful of references to a well-off society; In the new product exhibition area, the logo of "Huawei" is clearly visible on the interior of the car, and the word "Huawei" is also bright on the charging pile. Even in the press release afterwards, the words "well-off" or "Cyrus" were not seen throughout.

If Celeste, a subsidiary of Xiaokang, didn’t announce the official release of a brand new high-end brand-AITO on December 2nd, few people would associate Xiaokang, Celeste and the M5.

Huawei’s technology, well-off embarrassment

Looking through this car, we can see the embarrassment of lack of strength.

The M5 is regarded as Huawei’s leading work, and it is dominated or arranged by Huawei from pre-planning and design to post-marketing and sales, which is completely different from the first cooperation between the two parties. "We and Xiaokang Sailis released the SF5 car this spring, using some parts of Huawei DriveONE and adopting some of our technologies, but the whole car was not designed by us." Yu Chengdong said, "We feel that we can do better. This time, the industrial design team, software team and user experience team of Huawei’s consumer business worked together to create (ask M5) this product. " It is understood that the hybrid system and chassis on the M5 originated from the Celestial SF5 model, and the appearance, interior and intelligent cockpit were handled by Huawei.

Wenjie M5 is an extended-range electric vehicle. After comprehensive subsidies, the pre-sale price of the rear-drive standard version is 250,000 yuan, the four-wheel drive performance version is 280,000 yuan, and the four-wheel drive flagship version is 320,000 yuan. Although the M5 claimed to be a million-dollar luxury car, it hardly resonated with consumers.

The biggest highlight of the M5 is Huawei HarmonyOS smart cockpit. At the press conference, Yu Chengdong spent twice as much time explaining the HarmonyOS intelligent cockpit as explaining the vehicle parameters. The intelligent cockpit is jointly designed by Huawei’s global UX department. Yu Chengdong said, "You can surpass all your peers at home and abroad."

The reporter got into the real car and experienced it. The biggest feeling was that the intelligent interaction and collaboration were "smooth". First of all, the 10.4-inch curved full LCD instrument panel and the 15.6-inch semi-suspended central control large screen display clearly and delicately, and the touch is smooth.

Secondly, intelligent terminals are seamlessly interconnected. For example, after the user logs in, the APP and wallpaper in the mobile phone can be directly shared on the central control screen in the car, realizing the characteristics of the four seasons and the theme of the car dealership, and the information that can be synchronized is richer than the similar functions of the current automobile industry peers.

Another example is to provide cross-scene navigation service considering the navigation problem of the "last mile". When driving, mobile navigation can automatically share the car machine; After getting off the bus, the navigation route on the bus is transmitted to the mobile phone without feeling, and there is still navigation when getting off and walking near the destination. For another example, even if the smart device is dead, it can be unlocked by using the NFC function of the device, which is very reliable. Huawei WATCH3 series smart watches will be the first to support functions such as non-inductive unlocking, car condition inquiry, remote car control and watch car search.

By breaking the information gap between different devices, the HarmonyOS intelligent cockpit creates a seamless super terminal among people, mobile phones, smart homes and smart watches, bringing an immersive driving experience. The technology behind it was not born because of cars, but because of Huawei’s previous accumulation. Taking the seamless interconnection of smart terminals as an example, Huawei has already realized this function on mobile phones, computers and smart watches. Now, these technologies are only translated or adaptively improved in different smart terminal devices.

Nowadays, smart cars have entered the second half, and the consumer experience has become more and more important. If you give up the smart cockpit, what are the car companies left?

Fast Science and Technology reported on December 26th that this afternoon, the press conference of the whole scene of the asking world M9 and Huawei in winter was grandly held in Shenzhen, and the flagship SUV of the whole scene was officially released.

It is reported that the official guide price of the M9 is:The extended-range Max version is 469,800 yuan, the pure electric Max version is 509,800 yuan, the extended-range Ultra version is 529,800 yuan, and the pure electric Ultra version is 569,800 yuan.

Users can order through Huawei Mall, Huawei Authorized Experience Store, My Huawei APP and User Center.It can be ordered that M9 can enjoy the matching rights worth 10,000 yuan.

It is understood that,The M9 pioneer in the industry plans to take the lead in starting delivery on January 26th., limited to 2000 places, invited for early booking users.

The scale delivery of the new car will start on February 26th.

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recent days

Issued by Tik Tok Security Center.

Tik Tok’s Reminder about Content Creation during the Qingming Period.

Tik Tok said that Qingming Festival is a festival in China, and many users will sacrifice, travel and share their lives with friends and relatives through the Internet during Qingming Festival. The platform observed that some users posted content that did not conform to community rules. The platform gives users the following reminders:

1. Celebrate the holidays in a civilized way: Please don’t use Tomb-Sweeping Day to publish superstitious, curious and contrary to public order and good customs.

2. Take care of RMB: Please do not publish the content of burning RMB. Deliberately destroying RMB is illegal, and we can express our memory of our loved ones in other civilized and legal ways.

3. Respect for heroes and heroes: When visiting the memorial places of heroes, martyrs and victims, you should keep solemn manners and do not publish anything that is marketing, noisy or disturbing the order in the above places. When shooting heroic sculptures, tombstones, pictures of historical materials, etc., please avoid using entertainment and playful special effects, and do not engage in inappropriate behavior.

4. Use the "AI Resurrection" technology with caution: respect the deceased and their relatives and friends. Do not use AI or other technical means to "resurrect" the deceased without the consent of the deceased or the authorization of the deceased’s family.

5. Safe Travel: When you are hiking in Tomb-Sweeping Day, please do not shoot or publish "wild scenic spots" with potential safety hazards or related contents in closed or restricted areas.

It is worth noting that the "AI Resurrection" technology mentioned in the content creation reminder released by Tik Tok has aroused widespread concern and heated discussion some time ago.

Previously, the media reported many cases of "AI Resurrection" service. Some people use AI technology to communicate or talk with their deceased relatives to ease their feelings of missing; However, some people "resurrect" dead stars without the permission of their families, which has caused a lot of controversy; Others took the opportunity to start charging services in the name of warmth …

Netizens have mixed opinions on the "AI Resurrection" technology. Supporters believe that "AI Resurrection" is novel in form and low in cost, and interaction from a distance can pin emotional comfort on the deceased; However, opponents believe that this technology is an "IQ tax", which "exposes the scars of the living" and even infringes on the portrait, reputation and privacy of the deceased.

Jia Hongwu, a member of the Hubei Psychological Society and a visiting professor at Harbin Medical University, said that it is just the need of human emotions to miss the deceased relatives. The traditional way of commemorating is essentially the same as using AI to commemorate, but it is necessary to prevent such AI software from being manipulated artificially.

People’s Daily Online commented that there is no original sin in AI technology, and the key lies in how to face and use it. The purpose of technological development is for "people" to live and develop better. The more advanced the technological evolution is, the more awe we should have, and keep the ethical bottom line and the rule of law boundary, so that technology can better benefit mankind.

– END –

Source: Great Wall New Media

The copyright of the above pictures belongs to the author.

Original title: Top Ten Most Influential online celebrity in Aauto Quicker

Since its establishment, Aauto Quicker has made many ordinary people realize their dreams of fame and wealth. Their fame originated from the Internet, so they are called online celebrity. These online celebrity have the same aura in the entertainment circle, attracting a large number of fans, and their influence and organization and coordination ability are very strong. Although some online celebrity can’t be broadcast live, their fans are still very loyal and always protect their rights and interests. Today, we will take stock of the top ten most influential online celebrity in Aauto Quicker and see who you like best.

Tenth place: Simbaxin is ambitious (818). As a brother in Aauto Quicker today, his number of fans is close to 100 million, and he has a strong selling ability. However, his personality is questioned and he is too arrogant, so he has no friends on the Internet. He thinks it is a fair deal to spend money to attract fans in the live broadcast room, but he ignores an important fact, that is, emotion and friendship. Therefore, he is known as the "king" with the least pattern and affection in the Internet.

Ninth place: Gaudi (Di Jiajun, Frozen Jiajun), who became popular by singing "One Man Drinks Drunk", is tall and handsome, and is deeply loved by fans. Although he is married, he is still the ideal partner in the hearts of many women. Recently, because of his video of supporting Simba’s apprentice’s balls two years ago, it has once again sparked heated discussion.

Eighth place: Bai Xiaobai (No.321 Brigade), who has grown from a duet actor to a famous singer, and his songs are very popular. He lived a simple life without any scandal. Recently, it was revealed that he was married and had children, which triggered a heated discussion among netizens.

Seventh place: Sanda brother (Sanda family), who is called "one ear" because of hearing impairment caused by staying up late for a long time. He called himself the official "disciplinary committee member" of Aauto Quicker, hence the name "note beating". Although it has more than 50 million fans, the number of viewers in the live broadcast room is only a few thousand, so it was dubbed "three thousand dozen" by netizens. Nevertheless, he is still one of the most influential figures in Aauto Quicker and enjoys a high position in the family.

Sixth place: Erziye (Blue Pants Brigade), who was once one of the three brothers of the donkey family, was known as the godfather of gossip, good at high-end gossip analysis, outstanding eloquence and numerous iron powders. The family has a strong fighting capacity, and has had conflicts with other online celebrity and performed well.

Fifth place: Tianjin Lisi (NZBZ), formerly known as Yan Huasheng, is a real rich third generation, and had a certain position before he set foot on the Internet.

The less people know, the better! From the AI ? ? entrepreneurial artifact that media people are using, how cool is it to click on the free experience AI to make money →

Editor in charge:

M7, the new car industry, is about to release its share price completely. Xiaokang shares have been trading daily for nearly two trading days, hitting a record high. At the same time, Xiaokang shares have also entered the car enterprise camp with a market value of 100 billion.

And investors who hold well-off shares also earn a lot of money.

On June 24th, the A-share market opened, and the share price of Xiaokang shares began to fluctuate upward. At around 10: 30, Xiaokang shares closed at one stroke. The latest share price was 85.06 yuan, up 10%, a record high. At present, the market value of Xiaokang shares has reached 115.7 billion yuan, and it has entered the car enterprise camp with a market value of 100 billion yuan.

A female investor in Chongqing worked hard for one year and earned 860 thousand yuan.

With the stock price of Xiaokang shares soaring, the investors who hold it are also unhappy. Some people laughed at the end, and others were "kicked out of the car" halfway.

According to an interview with an upstream journalist, a female investor named Li Jing (pseudonym at the interviewer’s request) in Chongqing recently laughed bitterly. With the rising share price of Xiaokang, the market values of her two accounts (Ping An and Guangfa) are also soaring. Through talking with Li Jing, the upstream journalist found that she is a professional woman, born in 1980, and has been in the market for less than five years. She is not rich in stock market investment experience, but she has gained a lot of experience in the investment process in the last year.

Through the reporter’s hard work, Li Jing sent a screenshot of his shareholding to the reporter. When the reporter saw it, he was shocked: one was the shareholding map of GF Securities, which held 14,600 well-off shares and made a profit of more than 620,000.

The other is the shareholding chart of Ping An Securities, which holds 6,000 shares of Xiaokang with a profit of nearly 240,000. The two accounts currently hold a total of 20,600 shares of Xiaokang, with a profit of more than 860,000.

Li Jing said that after yesterday’s daily limit, it rose again today, and it was a little "afraid of rising", so this morning, before the daily limit, some stocks were sold to lock in profits.

When the reporter asked her, recently, the state has continuously issued policies to support new energy vehicles, and there are still heavy news about Xiaokang shares. When buying and selling, Li Jing said that she was also very helpless. She said that she had not been in the market for a few years, and her experience was not very rich. In the first half of last year, after a friend’s introduction, she heavily invested Xiaokang shares in Ping An Securities account. In June last year, the account made a profit of more than 200,000 yuan, and she was very happy at that time. However, the "great joy and great sorrow" also happened overnight, from She said that she was in a very bad mood during that time, and friends around her laughed at her as a shareholder.

Li Jing told reporters that her GF Securities account also suffered losses. After the share price halved, she may have seen a turnaround and kept buying well-off shares until now. After a year of hard work, you have gained something.

So, sell a little today to avoid the tragedy of last year from happening again.

In the reporter’s interview, some investors seemed very depressed. He said that after buying a well-off society, they began to plummet and sold it as soon as they untied it.

Q M7 will be released soon, how much more is worth looking forward to?

According to the report of shanghai securities news, the Celestial brand jointly owned by Xiaokang and Huawei will release a new car in the near future. As for the identity of the new car to be released soon, according to the recent official warm-up, it should be AITO Wenjie M7. The new car is positioned in a medium and large SUV, with a six-seat layout, and will provide pure electricity and extended-range power.

In terms of power, the car is still equipped with a 1.5T four-cylinder engine as a range extender, with a maximum power of 92kW and front and rear dual motors, with peak power of 72kW and 200kW respectively. It is estimated that its pure electric cruising range is between 150 and 200 kilometers.

According to the positioning of the M7 and the design of the extended-range power system, this car may become a direct competitor with the same-class models such as Li ONE and Lantu FREE in the future. Although the price information has not been seen yet, it is expected to be between 300,000 and 400,000 yuan.

It is understood that the M5 is the first car of AITO, a high-end brand jointly built by Huawei and Cyrus, and the first car equipped with Huawei HarmonyOS cockpit. According to the data, the sales volume of Celestial in May was 5,651 vehicles, and the main models were Celestial SF5 and Wenjie M5, among which Wenjie M5 retailed 5,033 vehicles.

As an intelligent new energy vehicle built by Huawei, Yu Chengdong, the managing director of Huawei, was very optimistic about the M5. He had set a target of selling 300,000 vehicles next year, and planned to use 1,000 stores to sell cars before the end of the year to achieve the target.

Therefore, it is reasonable to ask M7 to be highly expected by the market.

With the support of sales data and new products, in the secondary market, investors still buy Yu Chengdong’s "bluff". Since the new energy track entered the rebound market, the share price of Xiaokang shares has been rising all the way, and its market value has doubled.

Multiple positive blessings,Auto stocks are rising more and more fiercely!

It is worth noting that under the stimulus of many favorable times, the automobile sector has been rising continuously since the end of April, and the cumulative increase of the Wind automobile index has exceeded 60% in less than two months. There have been stocks whose share price has doubled and even turned over several times.

For example, from May 13th to June 21st, Zhongtong Bus gained 15 daily limit boards in 22 trading days, which soared nearly four times.

Zhejiang Shibao rose in late April, when its share price was lower than that of 4 yuan. Since June 13th, Zhejiang Shibao has been trading daily limit continuously. Up to now, it has hit the daily limit for 9 consecutive trading days. In terms of share price, Zhejiang Shibao has surpassed 12 yuan in intraday trading today, which is more than three times the low in late April.

The the State Council executive meeting held on June 22nd decided to increase the policy of automobile consumption support. The implementation of this policy predicts that the automobile and related consumption will increase by about 200 billion yuan this year.

As early as May 31st, the Ministry of Finance issued the Announcement on Reducing the Vehicle Purchase Tax for Some Passenger Cars, which levied the vehicle purchase tax by half for passenger cars with a displacement of 2.0L and below whose purchase date was from June 1st, 2022 to December 31st, 2022 and the bicycle price (excluding VAT) did not exceed 300,000 yuan.

Since the middle and late May, the epidemic situation in many places in China has been effectively controlled, and enterprises related to the new energy vehicle industry chain have accelerated the pace of resumption of work and production. At the same time, the Ministry of Industry and Information Technology, together with the Ministry of Agriculture and Rural Affairs, the Ministry of Commerce and the National Energy Administration, has issued a policy of new energy vehicles going to the countryside to promote the incubation of the new energy vehicle market, and new energy vehicles are expected to continue to maintain a high-speed growth momentum.

On June 23rd, China Information and Communication Research Institute released "Operation Data Report of New Energy Automobile Industry in May 2022", which showed that in May, China’s new energy automobile industry resumed production with remarkable results, and the production and sales of new energy vehicles all exceeded 400,000, with a year-on-year growth level exceeding expectations and quickly returning to the high-speed growth level before the epidemic. From January to May, the production and sales of new energy vehicles totaled 2.071 million and 2.003 million, respectively, up 1.1 times year-on-year.

What does the organization think?

Orient securities believes that the adjustment of the industrial chain of new energy vehicles in the past six months basically reflects the market’s concerns about high product prices, high cycle profitability and high valuation. As the epidemic situation improves, the last negative factor is about to end. At present, whether it is the short-term sales recovery rebound, the continuous improvement of the half-year dimension, or the long-term unexpected "new+replacement" market space perspective, the sector has entered a stage of smooth logic and continuous improvement of fundamentals. The agency suggested paying attention to three investment directions: first, the integrated layout reduces costs, without fear of price fluctuations, and optimizes electrolyte and precursor links; Second, weak periodic superposition technical barriers, preferably diaphragm and ternary link; Third, new technologies and materials, preferably silicon-carbon negative electrode, conductive agent and lithium iron manganese phosphate.

Huaxi Securities pointed out that the policy coverage exceeded expectations and it is expected that it will fully benefit. It is estimated that this round of stimulus policy is expected to boost the annual sales of 1.5-2.5 million vehicles. Based on the calculation of 2 million vehicles, the annual sales of passenger cars are expected to reach 23.47 million vehicles, up 9.3% year-on-year. The wholesale sales of Q3-Q4 are expected to increase by 20.9% and 18.3% year-on-year, respectively. New energy products will incite demand, and old cars will be scrapped one after another to drive the growth of replacement demand. The medium and long-term sales center of passenger cars is expected to grow steadily and accelerate its rise independently. Considering the upward product cycle+intelligent electric acceleration, Changan Automobile, BYD, Geely Automobile H and Great Wall Motor are recommended, and Xiaokang shares, Xpeng Motors H and LI H are the beneficiaries.

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