On September 10th, the presidential election of the Liberal Democratic Party of Japan was announced, and five people, namely Taro Aso, yuriko koike, Shi Pomao, Kaoru Yosano and Nobuteru Ishihara, formally put forward their candidacy. The above five candidates held a joint reporter meeting at the LDP headquarters that afternoon to explain their political views. The picture shows Aso at the press conference. China News Agency issued Zhu Yanhua photo

　　BEIJING, Sept. 11 (Xinhua) According to a survey conducted by Kyodo News as of the evening of the 10th, nearly half of the 387 LDP members in the Senate and the House of Representatives have supported Secretary-General Taro Aso, far ahead of the second economic and financial minister, Kaoru Yosano, who has only about 50 people.

　　There are less than 30 members of Parliament who have clearly expressed their support for Nobuteru Ishihara, the president of the Political Consultative Conference, yuriko koike, and Shi Pomao, the former defense minister, and three of them are struggling. However, many Members have yet to show their attitude, and some people will change their minds temporarily, so there are still variables in the final result.

　　Aso has won more than 60% support from the largest faction, the Machimura faction (88 people), and nearly half support from Tsushima (70 people), Koga (62 people) and Yamazaki (41 people). In addition, his own Aso faction (20 people), Ibuki faction (28 people), Second-order faction (16 people) and Takamura faction (15 people) basically consider supporting Aso, in addition to the support from some non-partisan members.

Editor: Lu Wei

On June 1, 2022, the new BYD Tang (parameter picture) EV was officially launched, with a price of 279,800. See the table below for details. The new BYD Tang EV is a mid-term modified model. The front face of the new car adopts the front face of BYD Dynasty electric family, and it is changed into a closed shape, which gives people a fresher feeling. BYD Tang EV is currently BYD’s flagship SUV model. After the mid-term change, the new car will come standard with 7 seats, and it can be upgraded with 6 seats for 10,000 yuan.

We can see that the price range of the new BYD Tang EV is 27.98-33.98 million yuan. The new car has three configurations to choose from, namely, the 600-kilometer battery life exclusive type, the 730-kilometer battery life exclusive type and the 635-kilometer battery life four-wheel drive flagship type. It has two kinds of blade batteries to choose from.

If the first generation of BYD Tang stands firm with the strength of "road tank", then the second generation of Tang has added the item of face value on the basis of strength, and its appearance is really reasonable, even before the mid-term change. The biggest change in the appearance of the new BYD Tang EV is its front face, which adopts a closed design, with only an air inlet below and a silver diversion shovel at the bottom. The top half of the front face of the new car adopts a very layered design, with a wide silver decoration at the top and its Chinese logo in the middle. The whole front face has a strong gas field.

There is no change in the side of the new Tang EV, but it can play well, with a suspended roof and a black painting style for the D-pillar. The side of the new car body has a sharp waistline, and its black wheel eyebrows are very delicate. The side of the body of the new Tang EV is very eye-catching, fashionable and sporty as a whole.

In the rear part of the car, the new car has a layered design. It has a penetrating taillight group. The taillight is three-dimensional and prominent. Although it is simple, it looks very atmospheric, and the lower part of the tail has a groove design. The part surrounded by the bottom of the new car is also very delicate, and the two ends are shaped like weapons.

In the interior, the new car adopts a family style, with a two-piece steering wheel, which is very atmospheric. The central control large screen of the new car is suspended and rotatable, and there are obvious atmosphere lights on the center console, which are interspersed on the panel. In terms of configuration, the new car is equipped with a Dana stereo, and the front seats support heating, ventilation and massage. In terms of power, the 600 km exclusive model of the new car is equipped with a motor with an output of 228 horsepower; The 730 km exclusive model is equipped with a 245 HP motor; The 635km four-wheel drive flagship is equipped with a 180kW+200kW motor, which accelerates for 4.4 seconds in 100km. In terms of battery, the 635km four-wheel drive model and the 730km exclusive model of the new car use 108.8kWh blade battery, while the battery capacity of the 630km exclusive model is smaller.

With a year-on-year increase of 97.4%, BYD sold 207,080 units in March, which is still so strong. Among them, there are 103,419 DM hybrid vehicles and 102,670 EV pure electric vehicles.

BYD Qin sold more than 40,000 units, and 998 was really cruel. BYD sold more than 40,000 sets in Song and January, and dolphins sold more than 30,000 sets for the first time. According to this growth trend, BYD’s sales in March will probably exceed the sum of the sales of North and South Volkswagen.

In fact, this node was very subtle in March. In March last year, BYD announced in a high-profile manner that it would stop producing fuel vehicles. A year later, it took the overlord of the fuel vehicle era, North and South Volkswagen, out of the horse. It was really something.

It is worth mentioning that Tengshi Automobile sold more than 10,000 vehicles with one model, reaching 10,398 vehicles, an increase of 42% from the previous month. To be conservative, this sales volume is actually likely to beat GL8 to win the domestic MPV sales crown in March. Moreover, the average transaction price of Tengshi D9 is 415,000 yuan, which exceeds many domestic competing products, which also shows the product strength of this car.

In order to avoid it, some people say, how come I haven’t seen Tengshi D9 on the road? Something like that. We calculated the sales volume of Tengshi D9 from last October to now, which is about 34,000 vehicles. The frequency of cars on the road is related to the number of cars, but has little to do with monthly sales. Moreover, their new racing SUV Tengshi N7 has also been officially unveiled recently, and the product sequence continues to be enriched.

This year, BYD’s sales target is to guarantee 3 million vehicles and sprint 3.6 million. If you want the sales volume to continue to grow, the models should cover a wider consumer group. Recently, BYD’s F-series hard-core off-road vehicles also have new news. The "2316" posted on the body was officially revealed: 2 stands for front and rear dual motors, 3 stands for three differential locks, front and rear locks+electric locks, and 1 stands for a brand-new off-road platform, which should refer to the Yunqi system released some time ago. 6 means that the new car will be released in June.

According to this rhythm, it is not impossible to drive BYD to cross-country at the end of the year. Don DM-p burst into tears and finally had a big brother.

The other is about Seagull. Just last month, BYD released the official map of Seagull, which means that Seagull will soon open up a small pure tram market for BYD and become a new sales growth point. At the same time, BYD will continue to transport vehicles overseas this year.

Next, there are Qin PLUS EV Champion Edition, Song PLUS Champion Edition, the new Song Pro DM-i and other new cars to meet with you. Whether BYD can rush to 3 million vehicles this year, let’s wait and see.

(Reporter Zhao Dandan) On November 10th, the Tiggo 8 PLUS Champion Edition was officially launched. There are four versions of the new car, and the price is 124,900-145,900 yuan.

According to reports, the Tiggo 8 PLUS Champion Edition is positioned as a "5+2 luxury flagship SUV", with five product champions in power, safety, space, technology and quality, and has entered the medium-sized SUV market strongly.

In terms of power, the Tiggo 8 PLUS Champion Edition is equipped with the strongest product lineup of Kunpeng Power 1.6TGDI/2.0TGDI at the same level. The fuel consumption per 100 kilometers is as low as 6.8L, and the acceleration per 100 kilometers is 7 seconds, and the engine is guaranteed for life. In terms of safety, based on the C-NCAP five-star safety design, the ultra-high strength steel integrated cage body is adopted, and six Bentele ultra-high strength thermoformed steel sections and the third generation high strength steel are used as key parts; Equipped with L2 intelligent driving assistance system, including 540 high-definition panoramic image, full-speed ACC adaptive cruise system and many other functions, making driving easier, parking more convenient and driving safer. In terms of intelligent network connection, it is equipped with Qualcomm Snapdragon 8155 intelligent chip, which can realize fast startup in 2 seconds and smooth response in 30 milliseconds.

As the sales force of Chery, the Tiggo 8 champion family has not only won the love and support of 800,000 users around the world, but also exported to more than 80 countries and regions. It has also won 32 championships, 14 product honors and many overseas honors, becoming the champion of conquering the stadium, the world-renowned champion and the champion in the hearts of users. The official launch of the Tiggo 8 PLUS Champion Edition will further enrich the product matrix of the Tiggo 8 Champion Family and accelerate the "Champion Road" of the Tiggo 8 Family.

(Original title: Weekly news: CPI turns negative again; China’s gold reserves "increased for 12 consecutive years"; IMF raises China’s economic growth forecast this year and next; China Ping An denied the acquisition of Country Garden)

A picture reviews the important news that affects the market trend.

China’s CPI in October decreased by 0.2% year-on-year, and PPI decreased by 2.6%.

Statistics from the National Bureau of Statistics show that in October, the national consumer price dropped by 0.2% year-on-year. In October, the ex-factory price of industrial producers nationwide decreased by 2.6% year-on-year, which was the same as that of the previous month. The purchase price of industrial producers decreased by 3.7% year-on-year and increased by 0.2% quarter-on-quarter. From January to October, the ex-factory price of industrial producers decreased by 3.1% compared with the same period of last year, and the purchase price of industrial producers decreased by 3.6%.

At the end of October, China’s gold reserves reported 71.2 million ounces, increasing its gold reserves for the twelfth consecutive month.

According to data from the central bank, China’s foreign exchange reserves at the end of October stood at $3,101.22 billion, a decrease of $13.85 billion from the previous month. At the end of October, the gold reserve reported 71.2 million ounces (about 2214.57 tons), an increase of 740,000 ounces (about 23.02 tons) from the previous month, and the gold reserve increased for the twelfth consecutive month.

General Administration of Customs: In October, the monthly growth rate of China’s import and export of 3.54 trillion yuan changed from a year-on-year decline for four consecutive months to an increase of 0.9%.

According to the data released by the General Administration of Customs, the total import and export value of China’s goods trade in October was 3.54 trillion yuan, and the monthly growth rate changed from a year-on-year decline for four consecutive months in June to an increase of 0.9%. In the first ten months of this year, the total import and export value of China’s goods trade was 34.32 trillion yuan, a slight increase of 0.03% year-on-year.

IMF raises China’s economic growth forecast this year and next.

The International Monetary Fund (IMF) announced on the 7th that China’s economy is expected to grow by 5.4% in 2023, 0.4 percentage points higher than the forecast in October this year.

Central Bank: Real estate policy will be adjusted and optimized in due course.

On the 9th, the central bank issued the Report on Regional Financial Operation in China (2023), which mentioned that the real estate policy should be adjusted and optimized in time to adapt to the new situation of major changes in the supply and demand relationship in the real estate market, so as to promote the stable and healthy development of the real estate market.

Central Bank: Steadily and prudently promote the internationalization of RMB, steadily and orderly promote the comprehensive institutional opening of financial markets.

On the 9th, the Macro-Prudence Administration of the Central Bank issued "Steadily and Steadily Promoting the Internationalization of RMB", proposing to further improve the openness and access of China’s financial market, improve the liquidity of RMB financial assets, enrich risk hedging tools and improve the convenience of foreign exchange transactions.

Pan Gongsheng, Governor of the Central Bank: When necessary, the central bank will also provide emergency liquidity support to areas with relatively heavy debt burdens.

Pan Gongsheng, governor of the central bank, said on the 8th that the financial sector has taken a number of measures with relevant departments to actively support local governments to steadily resolve debt risks. When necessary, the central bank will also provide emergency liquidity support to areas with relatively heavy debt burdens.

Four ministries and commissions held a symposium on housing financing to understand the financial situation of the real estate industry and the financing needs of enterprises. Vanke, Poly and Longhu attended the meeting.

The People’s Bank of China, the Ministry of Housing and Urban-Rural Development, the General Administration of Financial Supervision, and the China Securities Regulatory Commission jointly convened a discussion with several housing enterprises on the afternoon of the 7th to learn about the financial situation of the industry and the financing needs of enterprises. Participating enterprises include Vanke, Poly, China Resources, China Shipping, Longhu and Jindi.

Minister of Commerce: We will continue to promote the whole chain of new energy vehicles going to the countryside to promote automobile consumption.

Wang Wentao, Minister of Commerce, said that new energy vehicles will continue to be promoted to the countryside, and the whole chain will promote automobile consumption. In terms of home, we will focus on three directions: green, smart and suitable for the elderly, and accelerate the release of home consumption potential. The Ministry of Commerce will also promote the consumption of green smart home appliances, promote the high-quality development of the catering industry, and better meet people’s needs for a better life.

The Electronic Information Department of the Ministry of Industry and Information Technology will hold a symposium on photovoltaic manufacturing enterprises to guide the rational distribution of photovoltaic industry capacity

The Electronic Information Department of the Ministry of Industry and Information Technology plans to hold a symposium on photovoltaic manufacturing enterprises, focusing on the development status, existing problems and challenges of the photovoltaic industry, guiding the rational layout of the photovoltaic industry’s production capacity, and promoting the high-quality development of the photovoltaic industry. It is reported that the enterprises convened this time include the head enterprises in all links of the industrial chain.

Association: The auto market will surge by more than 20% in November.

The Federation said that there were 22 working days in November, which was consistent with the number of working days in the same period last year. In general, November is the third year’s sales volume, second only to December at the end of the year and January at the beginning of the year, while November 2022 is the eighth year’s sales volume, which leads to great potential for low base and high growth in November this year. What is particularly beneficial to the auto market is the rational decline of the high level of the property market in the past two years. The downward adjustment of the stock interest rate has eased the pressure on the original purchase consumption to squeeze the disposable income of families, and the income of residents’ investment in buying houses fluctuated greatly. As an optional consumer product, the car purchase consumption began to recover rationally, so the retail trend of the auto market in recent months has always exceeded expectations. With the gradual strengthening of the auto market, the confidence of auto companies in their efforts to achieve their annual goals has increased, and the auto market will surge by more than 20% in November.

The National Development and Reform Commission issued the "National peak carbon dioxide emissions Pilot Construction Plan"

It is proposed that by 2025, the pilot cities and parks in peak carbon dioxide emissions will make positive progress in carbon neutrality, and the policy mechanism conducive to green and low-carbon development will be basically established within the pilot scope.

Eleven departments, including the Ministry of Ecology and Environment, recently issued the Action Plan for Methane Emission Control.

It is proposed that during the "Tenth Five-Year Plan" period, the policies, technologies and standard systems for methane emission control have been gradually established, the basic capabilities of methane emission statistics and accounting, monitoring and supervision have been effectively improved, and the work of methane resource utilization and emission control has made positive progress.

Federal Reserve Chairman Powell: The Fed will not hesitate to raise interest rates if appropriate.

The Fed made hawkish remarks. Federal Reserve Chairman Powell said that if the time is right, monetary policy will be further tightened decisively. Federal Reserve Governor Bowman reiterated that further interest rate hikes may be needed.

Yi Huiman: Maintaining the stable operation of the capital market and taking the road of developing the modern capital market with China characteristics.

Yi Huiman, Chairman of China Securities Regulatory Commission said in a keynote speech at the annual meeting of the 2023 Financial Street Forum on the 8th that the tracking and judgment of quantitative high-frequency transactions should be strengthened and the regulatory measures should be improved. Accelerate the cultivation of "smart funds" in China, promote the strength of industry institutions, effectively enhance professional investment capabilities and market leadership, and take our own path.

Shanghai and Shenzhen stock exchanges: guide listed companies to rationally implement refinancing, strictly review the use of raised funds, and strictly control the financing scale.

On the 8th, Shanghai and Shenzhen Stock Exchanges officially introduced specific measures to optimize refinancing and appropriately tighten the refinancing of listed companies. There are five main aspects: strictly limit the refinancing of listed companies with broken or broken net; Strictly require the financing interval of listed companies with continuous losses; Limit the financing scale of listed companies with high financial investment; Require that the previous raised funds have been fully used; Strictly control the refinancing to raise funds to invest in the main business.

The funds released from the adjustment of control indicators will be mainly used for investment banking, market making and other business stocks. The new scale of OTC derivatives needs to be effectively controlled.

A "brokerage DMA business is controlled" quickly fermented on social platforms. It is reported that some brokers did receive a regulatory notice, requiring that starting from November 9, the daily end-of-day quantitative DMA business according to the manager dimension should not exceed the end-of-day scale of November 8. Some insiders explained that the fundamental reason for this move lies in the regulatory requirements for the stable development of capital-intensive specialization of securities firms.

Both NVIDIA and Intel plan to launch improved AI chip NVIDIA products in China market or mass production at the end of the year.

It is reported that NVIDIA has developed the latest improved series of chips for China. The latest three chips are improved from H100. NVIDIA will announce them as soon as possible after 16th of this month, and domestic manufacturers will get the products in these days at the earliest. At the same time, Intel is also planning to launch an improved version of Gaudi 2.

Shi Lanwei: The second phase of the Big Fund plans to invest 1.5 billion yuan to subscribe for the company’s fixed shares.

Shi Lanwei announced that the company’s related person, National Integrated Circuit Industry Investment Fund Phase II Co., Ltd. (referred to as "Big Fund Phase II") sent the company a quotation for issuing shares to a specific target, and it plans to invest 1.5 billion yuan to subscribe for the company to issue shares to a specific target in 2022. The final allocation will be subject to the announcement documents such as the subsequent issuance report.

Ping An, China: The report that the company was asked to acquire Country Garden and inherit its debts is inconsistent with the facts. At present, the company does not hold Country Garden shares.

China Ping An issued a clarification announcement that the report that it was asked to acquire Country Garden and inherit its debts was not true. At present, the company does not hold Country Garden shares.

Re-financing has caused controversy. HHLR, a subsidiary of Gaoying, was investigated for reducing Longji Green Energy.

Longji Green Energy announced that HHLR Management Co., Ltd., a shareholder of the company, received a notice issued by the China Securities Regulatory Commission, and the China Securities Regulatory Commission decided to investigate HHLR Management Co., Ltd. for allegedly transferring Longji Green Energy shares in violation of restrictive regulations.

Yu Chengdong, Huawei: The number of M7 customers is 87,000, and the number of M9 customers is over 30,000.

At the release of Huawei’s smart travel solution and the pre-sale meeting of Smart World S7, Yu Chengdong, chairman of Huawei’s smart car solution BU, said that up to now, the cumulative delivery of the M5 has exceeded 120,000 units, the M7 has definitely broken 87,000 units, and the booking volume of the M9 has exceeded 30,000 units. "We are making every effort to increase production capacity, so I hope you will wait patiently, because the order volume is indeed much higher than expected."

Tesla China raised the price of Model Y long battery life version by 2,500 yuan to 302,400 yuan.

Tesla’s German factory will produce a new car with a price of 25,000 euros, which will greatly lower the price of Tesla’s cheapest model in Europe.

OpenAI held the first developer conference and launched a user-defined version of ChatGPT.

OpenAI launched a user-defined version of ChatGPT. At the first developer conference held on Monday, OpenAI also said that it will launch a preview version of the latest GPT-4 Turbo, which is a more powerful and faster version of the big language model that supports the company’s technology.

ASML, a giant in mask aligner, the Netherlands: He is very optimistic about the business in China next year.

During his stay in China International Import Expo(CIIE), ASML, the global senior vice president of Dutch mask aligner giant, said that the business in China, ASML has grown rapidly this year. It is expected that China will account for more than 20% of ASML’s global revenue in the whole year, and he is also very optimistic about his business in China next year.

TSMC: Net income in October increased by 34.8% from the previous month and 15.7% from the same period last year.

TSMC announced today that its net income in October 2023 was NT$ 243.2 billion, up 34.8% from September 2023 and 15.7% from October 2022.

This article comes from: financial circles

In order to thoroughly implement the measures taken by the provincial party committee and the provincial government to promote the chain length system, further accelerate the digital transformation process of enterprises in Dongchangfu District, and promote industrial development to improve quality and efficiency, Dongchangfu District Bureau of Industry and Information Technology and Huawei (Liaocheng) Digital Industry Innovation Center launched a series of activities, namely "Yunling Dongchang, Talking about Digital Empowerment and Practicing Digital Transformation Technology Salon". The series of activities of the Technology Salon aims to combine the advantages of Huawei’s cloud technology with the advantages of local industries, and strengthen enterprise exchanges in the region in various directions such as industrial Internet applications, digital factory scenarios, artificial intelligence, and network security.

On May 30th, the first special salon with the theme of "Digital Factory Empowerment Salon and Strong Chain Matchmaking Meeting of Industrial Chain" was held as scheduled.

Releasing digital productivity, Huawei Cloud enables manufacturing to upgrade "intelligence"

As the world’s leading provider of ICT infrastructure and intelligent terminals, Huawei provides practical and effective digital transformation solutions for enterprises in Dongchangfu District. In this activity, Huawei invited business representatives to visit Huawei (Liaocheng) Digital Industry Innovation Center to learn about the digital achievements of Huawei Cloud Empowering local enterprises, so that business representatives can further feel the advantages of digital transformation in the current competitive environment.

In order to further deepen enterprises’ understanding of digital transformation, Wei Ning, director of industrial Internet products of Huawei Cloud IoT, published the theme sharing of "Digital Factory Construction, Helping Enterprises Speed up Digital Intelligence" at the event. This sharing focuses on how the manufacturing industry is deeply integrated with the ICT industry, and deeply explores the pain points of digital transformation of enterprises. Focusing on achieving efficient collaboration between upstream and downstream supply chains, optimizing production processes, improving product quality, and then reducing raw material procurement and product listing cycle to seize market opportunities, Huawei Cloud has demonstrated many advantages in empowering enterprises in digital transformation. At the same time, Wei Ning also gave a detailed introduction to the capabilities provided by Huawei Cloud FusionPlant industrial Internet platform, which provided more reference for the digital transformation of enterprises present.

Wei Ning, Director of Huawei Cloud IoT Industrial Internet Products

Focus on multiple production scenarios in a refined way, and promote the value transformation of digital intelligence together.

With the continuous development of technical capabilities, the deep integration of digitalization and industry has become the general trend. Facing the actual demand of manufacturing industry for digital upgrading, the penetration of digital capability into all aspects of industrial production has become the only way to boost the innovation and development of manufacturing industry.

Liu Tongshun, a researcher at the National Intelligent Manufacturing Engineering Laboratory and a senior consultant of CAXA, delivered a keynote speech entitled "PLM Enabling Design Through Intelligent Manufacturing" based on the full link efficiency of digital capabilities in the production process. It not only analyzed the full-link advantages of PLM application in intelligent manufacturing for the guests, but also shared the successful cases of PLM application in digital transformation, so that more enterprise representatives could understand the advantages of digital capabilities in enterprise production and management.

Liu Tongshun, Senior Consultant of CAXA

Liu Dong, senior executive consultant of Shandong Wan Teng Electronic Technology Co., Ltd., shared the theme of "Intelligent Manufacturing Promotes Digital Transformation of Enterprises" and gave many suggestions on how to refine the granularity of enterprise manufacturing operation management, strengthen performance management and improve enterprise operation efficiency through intelligent management system architecture.

Liu Dong, Senior Executive Consultant of Shandong Wan Teng Electronic Technology Co., Ltd.

Yue Yongshuai, Shandong Regional Director of Shenzhen Smart Internet of Things Co., Ltd., introduced MixIOT, an underlying system of Internet of Things independently developed by Smart Internet of Things, through The Value and Application of Internet of Things in Industry. And share the safety management and control, quality improvement and cost reduction of multi-service scenarios such as air compressor station, boiler and electric power based on MixIOT platform.

Yue Yongshuai, Shandong Regional Director of Shenzhen Zhiwulian Network Co., Ltd.

Business representatives from Shandong Tiangong Geotechnical Engineering Equipment Co., Ltd. made wonderful sharing on embracing digital productivity, and conducted in-depth discussions on the changes in the industry structure caused by digital transformation.

Hou Dianbo, Enterprise Representative of Shandong Tiangong Geotechnical Engineering Equipment Co., Ltd.

In the salon activities where industry experts and business representatives talked about the road of digital development, the digital transformation goals of related enterprises in Dongchangfu District gradually became clear, and the urgent need for digital transformation was quickly responded. Since then, Huawei Cloud will attract more high-quality partners in the industry, jointly promote the digitalization, networking and intelligent construction of enterprises, and explore a broader digital economic space for more enterprises in urgent need of transformation.

Zebra consumption model construction

Huawei’s energy is once again reflected in the new M7 and Cyrus.

After the 11-day holiday, the stock price of Celeste has been trading daily for two consecutive trading days, and its market value has once again stood at 100 billion.

At present, the question before Cyrus is, how to maintain stable sales after the release of the new M7? In the longer term, it is the overall profitability of the company.

　

Old bottle and new wine

Since the beginning of this year, due to the continuous sluggish sales of the series of cars in the world, the share price of Sailis (601127.SH) has generally fallen sharply, and once fell to a low of 24.75 yuan on June 8. After that, it briefly bottomed out and then continued to fall sharply.

Until September 12th, the new M7 series in the world was officially listed, which finally added a fire to Celeste. On September 14th and 18th, the company’s share price successively won two daily limit boards. And on September 28, the last trading day before the 11 th holiday, another daily limit was used to close the first three quarters.

The new M7 is really attractive to users in terms of both product and price. On the basis of the original 6-seat version, it adds 5-seat versions, giving users more choices.

Huawei said that it has invested 500 million yuan for the new M7, and has upgraded its safety, intelligence and battery life. The functions of seat ventilation, heating, etc., which were only available on the old M7 models, have become standard in all new models.

Information from all sides shows that the new M7 is sincere to users.

More importantly, while upgrading the product and configuration, the price is cheaper than the old one. There are five configurations of the new M7 in Wenjie, with a guide price of 249,800-329,800 yuan. The starting price is lowered by 40,000 yuan compared with the old M7, and with the limited time discount of 6,000 yuan, the entry threshold becomes lower.

Then, at a time when new energy automobile products are constantly innovating and choosing more diversification, will users pay for the new M7?

As soon as the 11-day holiday was closed, Yu Chengdong, Huawei’s managing director, terminal BG CEO and chairman of smart car solutions, couldn’t wait to report good news to the outside world: "The new M7 in the world was set to hit a new high of 7,000 units on October 6; It has only been listed for 25 days, and the cumulative number has exceeded 50,000 units. "

Stimulated by this, after the holiday, A shares opened for trading, and Cyrus’ share price went up for two consecutive trading days. The company had to make an emergency announcement and give a risk warning.

It is understood that since August 28 this year, Sailis shares have increased by 110.42%. In the same period, Shenwan Automobile Index has increased by 7.28% and Shanghai Composite Index has increased by 0.36%. In fact, the company’s fundamentals have not changed significantly, so there is an obvious risk of overheating market sentiment.

　

(of a doctor) bring the dying back to life

Asked about the hot sale of the new M7 in the world, Yu Chengdong couldn’t help sighing in his circle of friends that "it’s not easy to come back to life!"

In the past, Xiaokang Co., Ltd. (formerly known as Seles) spent several years developing a new energy vehicle, named SERES Seles. In April 2019, Cyrus made its debut at the Shanghai Auto Show, and many people didn’t know who it was.

The following year, Sellers’ first SUV model SF5 went on the market in mass production, and only 732 vehicles were sold in the whole year.

At this time, Huawei appeared, pointing out a new path for Cyrus to build a car together.

With Huawei’s blessing, it instantly became radiant. In 2022, the product was officially released by AITO, and after deep binding with Huawei, it became the fastest growing brand of new energy vehicles.

At the beginning of the release of AITO, it set a proud record of delivering more than 10,000 vehicles for several months in a row, and delivered 75,000 vehicles in 2022.

However, since the beginning of this year, the glory of the world of inquiry has ceased.

According to the production and sales report disclosed by Sailis, in the first half of this year, the cumulative sales of Sailis Automobile (actually a series of models) was only 25,800. Among them, the sales volume of M7 is extremely bleak. According to the data of car home, the monthly sales volume of M7 has been less than 1,000 vehicles since April this year, and it was as low as 432 vehicles in June this year.

The reasons for asking the world to go away are very complicated. Tesla cut prices at the beginning of the year to compete for the market, which triggered a new wave of price cuts for new energy vehicles, which is one of the important reasons.

In the early days, the HarmonyOS cockpit carried by the asking world really won a wave of goodwill from users. However, with the increase of users and the extension of actual use time, many users find that the product strength of the world is not as strong as expected.

The outside world has always had doubts about who AITO belongs to. At the beginning of March this year, the brand official once changed the "AITO asking the world" in the relevant promotional materials to "HUAWEI asking the world", but it was quickly changed back and slapped itself, which further aggravated users’ doubts.

It is in the context of the continuous collapse of sales volume that the press launched the new M7, hoping to make a turnaround.

　

Sustained loss

Formerly known as Xiaokang Co., Ltd., Cyrus used to produce mini commercial vehicles and low-end SUVs of Dongfeng Scenery brand, and its main target users were concentrated in low-tier cities.

In the era of traditional fuel vehicles, the company’s business is not sexy, and the market attention is not high, but with its leading position in the segmentation field, the small life is still good.

In 2016, the company launched the first SUV Scenery 580, with sales exceeding 10,000 for five consecutive months. The following year, the total sales volume of the company’s SUV reached 188,600 units, which directly promoted the annual sales volume of the whole vehicle to reach the peak sales volume of 404,200 units.

It was this year that the company’s operating income exceeded 20 billion yuan, and the net profit returned to the mother also achieved the best performance in history of 725 million yuan.

However, Xiaokang shares only caught up with the brilliant last bus of fuel passenger cars. Soon, the growth rate of passenger car market in China declined to negative growth, competition shifted from incremental to stock era, resources were further concentrated in the head car enterprises, and small and medium-sized car enterprises struggled to survive.

Zhang Xinghai, the head of the company, has a forward-looking strategic vision. Under his leadership, Xiaokang invested and established SF MOTORS in the United States as early as the beginning of 2016 to build new energy vehicles.

Helpless, the car was built and could not be sold. Until the emergence of Huawei. In 2021, the company changed its name, demonstrating the determination of strategic transformation.

Cooperating with Huawei to build a car, not only the products sold well, but also the company’s share price soared due to the blessing of Huawei concept. In June last year, it once reached a historical high of 90.50 yuan, and its market value exceeded 100 billion.

With the increase of product sales, the company’s operating income has increased significantly. From 14.30 billion yuan in 2020 to 34.10 billion yuan in 2022, the loss also further increased, from-1.729 billion yuan to-3.832 billion yuan.

In the first half of this year, the company’s growth momentum came to an abrupt end, and its operating income fell by 11.14% year-on-year to 11.03 billion yuan, and it continued to lose 1.344 billion yuan.

On December 20th, the Red Star Capital Bureau reported that ZAKER official blog issued the "Apology Statement on Xiaomi Automobile Information Disclosure", saying that Bao Moumou, an employee of the automobile division, had been dismissed and would never be hired. A few days ago, Xiaomi Automobile’s real car shooting scene map was exposed, and it was suspected that the media leaked out when shooting the scene map.

In the apology statement, it was mentioned that on December 17th, 2023, ZAKER was invited to participate in the static product tasting shooting activity of Xiaomi Automobile. Before the activity, Bao Moumou, an employee of our automobile division, signed the Confidentiality Commitment Letter.

During the tasting shooting, Bao Moumou mistakenly thought that the photos of Xiaomi Automobile publicized by the Ministry of Industry and Information Technology were the materials shot by other media in the same place, and mistakenly thought that your company (Xiaomi Automobile) was allowed to publicly release the photographed photos, so he sent three work tidbits with Xiaomi Automobile to his personal WeChat circle of friends for personal purposes without the permission of your company (Xiaomi Automobile) on-site staff and without informing our company, and was reminded by the on-site staff. Bao Moumou immediately realized the seriousness of the matter and immediately deleted the content of the circle of friends. The release time lasted about 5 minutes, but the photos have spread and caused heated discussion on the Internet.

Our company attached great importance to the incident after learning of it, and immediately set up an incident investigation team on the same day to verify the relevant situation and relevant personnel. Bao Moumou, the employee involved, was fully aware of his own mistakes, and our company severely criticized and educated Bao Moumou. His personal behavior of unauthorized disclosure has seriously violated the rules and regulations of ZAKER Employee Manual and the confidentiality obligations of employees. According to the relevant rules and regulations of the company, our company dismissed Bao Moumou, an employee of the automobile division, and never hired him.

The incident was triggered by our employees’ violation of the Confidentiality Commitment Letter, which brought some pressure and influence to your company. We sincerely apologize for this. Our company is willing to maintain active communication with your company, and cooperate with your company to take all necessary measures to properly handle the adverse effects caused by leaks and emotional incidents and fulfill its due responsibilities.

At the same time, our company will earnestly learn lessons, reflect deeply, take a warning, comprehensively strengthen the legal awareness, confidentiality awareness and professional ethics education of relevant teams and employees, and resolutely put an end to the recurrence of such incidents.

"Xiaobai buys a car" apologizes:

On the afternoon of December 20th, Xiaobai bought a car and issued a "Statement on the Number of Information Leaks of Xiaomi Automobile" to apologize.

The statement said: On December 17, 2023, our company participated in the tasting and shooting activities of Xiaomi’s static products. Before that, our photographer Guan Moumou had signed the Confidentiality Commitment Letter. After the filming ended that night, Guan Moumou mistakenly thought that the confidentiality was limited to the company platform. Without the permission of the on-site staff and without informing the company, he sent a partial photo of the car penalty taken on the spot to two WeChat friends for personal reasons, and was later forwarded to the riders by his friends. When he realized the seriousness of the problem, the photo had been expanded on the network and could not be withdrawn.

We are deeply sorry for this, because we violated the "Confidentiality Commitment" and caused pressure and loss to Xiaomi Automobile Technology Co., Ltd.. After careful reflection and internal investigation, this incident was caused by the weak legal awareness of employees in our enterprise, the lack of contract concept, personal misconduct, and the inadequate internal management supervision of our enterprise. Here, we sincerely apologize to all the affected people and Xiaomi Automobile Technology Co., Ltd.

In order to ensure that this kind of incident will not happen again, our company has seriously criticized Guan Moumou, and his unauthorized disclosure has seriously violated the company’s rules and regulations and affected the company’s reputation. Therefore, according to the relevant rules and regulations of the company, our company will dismiss Guan Moumou and never hire him. And here we solemnly promise that we will strictly abide by laws and regulations, fulfill confidentiality obligations and re-train and educate all employees of the company in the future.

Once again, I sincerely apologize to all the affected people and Xiaomi Automobile Technology Co., Ltd. Our company will maintain a positive communication attitude, do its due duty, cooperate with all relevant investigations of Xiaomi Automobile Technology Co., Ltd., and properly handle the impact caused by this leak.

Xiaomi is angry! Lei jun forwarding

On December 19th, Xiaomi Group issued a statement in the official Weibo, saying that recently, malicious leaks and false rumors about Xiaomi automobile appeared in batches on the Internet, and the company made a formal response.

The statement mentioned that on December 17th, Bao Moumou, an employee of the media "ZAKER", and Guan Moumou, an employee of "Xiaobai Buying a Car", intentionally leaked the confidential shooting content without permission, knowing the confidentiality obligation and corresponding penalties. As verified by Xiaomi Group’s confidential management team, the above two people have admitted their violation of confidentiality obligations.

After communicating with its media, Xiaomi will investigate the responsibility of the two people and their media for leaking secrets according to the corresponding provisions of the Confidentiality Commitment signed by both parties, including but not limited to public apologies and fines.

At the same time, Xiaomi Group verified that in November and December, 2023, three former employees of Xiaomi Automobile Department participated in the so-called "Xiaomi Automobile Seminar" organized by external brokers and investment institutions without permission for the purpose of collecting "consulting fees". Xiaomi said that it "spread a lot of wrong and false information, seriously misleading the market and disrupting the normal business development of Xiaomi Automobile".

Xiaomi said that the above three employees seriously violated the Code of Conduct for Employees of Xiaomi Group and the confidentiality obligations stipulated by the company. Xiaomi Group has dismissed them and never hired them, and investigated their legal responsibilities according to law. At the same time, Xiaomi Group reserves the right to pursue legal responsibility for brokers and investment institutions that organize related activities.

On the evening of December 19th, Lei Jun, founder, chairman and CEO of Xiaomi, forwarded the Statement on his personal Weibo, and sent three expressions of bowing.

According to public information, the car involved in this leak is Xiaomi SU7, and the content involved is the static experience spy photos of Xiaomi SU7.

According to the interface news report, with the gradual exposure of various configuration data of Xiaomi Automobile, the last remaining key information is the price. Earlier, it was reported that Xiaomi SU7 will be available in four versions, with the price ranging from 190,000 to 300,000 yuan. The official has not released the information yet, and the sales staff also said that it is still unclear.

Some analysts predict that the lowest price of Xiaomi car starting at 190,000 yuan is hard to be surprised, and I am afraid it will not be able to replicate the sensation caused by the original price of Xiaomi mobile phone at 1999 yuan. In addition, for Xiaomi, which is famous for its cost performance, Xiaomi still needs to establish its own advantages in terms of performance and design.

Xiaomi Automobile has invested 3400 engineers.

R&D expenditure exceeds 10 billion yuan.

According to the news of the Ministry of Industry and Information Technology in official website on November 15th, the Ministry of Industry and Information Technology released the contents of the Announcement of Road Motor Vehicle Manufacturers and Products (the 377th batch) and the Catalogue of Energy-saving and New Energy-using Vehicles with Vehicle and Vessel Tax Relief (the 56th batch), and two Xiaomi brand pure electric cars were listed.

According to the public information, the trademark of Xiaomi Automobile is Xiaomi brand, which is a pure electric car, and the manufacturer is Beijing Automotive Group Off-road Vehicle Co., Ltd.

Recently, Xiaomi Automobile has caused a heated discussion. A few days ago, Lei Jun, the chairman of Xiaomi, a figure in the heat center, also appeared in front of the public to express his views on Xiaomi Automobile. In an interview with CCTV news "Face to Face", Lei Jun said that Xiaomi’s investment in building cars is ten times that of other automakers. For example, he said that the average car brand invested 300 to 400 people in building a car, and the cost was 1 billion to 2 billion yuan, while the first car of Xiaomi Automobile invested 3,400 engineers as a whole, and the research and development cost exceeded 10 billion yuan.

However, Lei Jun also expressed his concern about the sales situation. He was worried that no one would buy Xiaomi after it went on the market, and that everyone would buy it, but it would take a year or two.

Source: Comprehensive Red Star journalist Wu Danruo, Red Star News previously reported, national business daily

Original title: "Leaking Xiaomi Auto, both companies apologize: fire employees and never hire! 》

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On April 22nd, BYD Tang EV Glory Edition, Tang DM-p Glory Edition and Tang DM-P Ares Edition were officially announced for listing, with the price range of 219,800-269,800 yuan. In view of the new car listed this time, in addition to the substantial adjustment in price, its core upgrade highlight is that the whole system comes standard with Yunqi -C intelligent damping body control system.

I believe everyone will be familiar with this system. After all, since BYD launched this full-stack self-developed intelligent body control system last year, it has always been the focus of consumers’ attention. According to the official statement, the products equipped with this system will be significantly improved in comfort and handling, but what will the actual product performance be?

Today, we also read it for everyone through a venue test drive.

On the hardware level, Yunnian -C is actually an entry scheme in the whole system, and its structure is relatively simple, mainly composed of acceleration sensor, suspension height sensor, electric shock absorber and intelligent calculation center. Its working logic is that the intelligent calculation center senses the dynamics of the car body in real time through the sensors on the car and adjusts the damping of the electric shock absorber synchronously, so as to improve the comfort and maneuverability of the whole car.

Like this venue experience activity, it is mainly divided into the devil’s rotten road challenge (simulating urban and outdoor off-road road conditions, highlighting product comfort) and the extreme dynamic challenge (accelerating rapidly, braking, winding piles, etc., highlighting product handling performance).

The first project is mainly aimed at BYD Tang, and the simulation lane also includes the most common regular/irregular speed bumps, washboards and potholes, as well as cobblestone roads, climbing and cross-axis road conditions in off-road conditions. Generally speaking, the experience project is also very comprehensive.

Although this Yunqi -C system is only the most elementary version, it is still quite obvious for the dynamic improvement of the whole vehicle. For example, when the road bumps continuously, the system will adopt the control strategy of high frequency and small damping, which will make the suspension system more "soft" and effectively alleviate the impact feeling transmitted from the road to the car. According to the official, Yunqi -C is realized under the condition of continuous vibration of the road at 60 km/h.

Due to the information collection and analysis data and damping adjustment related to road conditions and car body dynamics, it can be found that the response speed of this system is about 1 second, so when you experience the continuous bumpy road, you can clearly perceive the vibration changes in the car, which can really improve the comfort of the whole car.

Thanks to the excellent performance of BYD Tang itself, its passability under simulated off-road conditions is also commendable. It is worth mentioning that the DM-P Ares version of BYD Tang has a rear axle differential lock, which will perform better under off-road conditions than the ordinary version of Tang DM-P.

The other project is the extreme dynamic challenge, and its challenger is naturally handed over to BYD Han, but the difference is that BYD Han can directly adjust the mode, steering strength and braking feedback mode of Yunqi -C through the locomotive system, with higher freedom.

According to the official data, the pitch angle can be reduced by 9.36% in the full throttle acceleration test, 40.91% in the braking test and 28.3% in the pitch angular velocity after the same model is turned on. In the 65 km/h test around the pile, the peak steering angle of the steering wheel decreased from 40.04 degrees to 36.23 degrees, and in the 100 km/h double-lane test, the car body roll angle speed decreased from 19.88 degrees/s to 11.99 degrees/s. Of course, these data all mean a significant improvement in comfort and stability.

In the actual experience, it can also be found that under intense driving, the suspension can restrain the pitching and rolling of the car body in place. Even if the center of gravity shifts continuously, the car body can always maintain a relatively stable posture, giving the driver full confidence.

The successive promotion of the glory edition of Han/Tang Dynasty has given enough sincerity in product technology, configuration and price. With the blessing of Yunnian -C system, the overall performance of the new car has also been significantly improved, and its competitiveness has also gone further. Through the sales data, we can also find that the double car handed over 34,000 vehicles in March, which shows that they have a very high popularity.

First financial news, AITO is speeding up the listing of new cars. Huawei Terminal announced on September 10th that it will release the new M7 five-seat car on September 12th. With the release of new cars, the matrix of AITO vehicles will include M5, M5 pure electric version, M5 intelligent driving version, M5 pure electric intelligent driving version, M7 and M7, and it is planned to release M9 in the fourth quarter.

AITO Wenjie is a brand jointly launched by Huawei and Cyrus. At present, there is a big gap between the sales volume of the industry and the new force of making cars on the head. As a representative of Huawei’s intelligent car selection model, Huawei urgently needs to prove its ability to ask for cars.

In August, the sales of nine new car-making forces, including Ai ‘an, Ideality, Weilai and Deep Blue, all exceeded 10,000, and the delivery volume of AITO was 5,018.

In the case of sluggish sales in the world, Huawei’s auto business has shown signs of being more enterprising recently. In addition to speeding up the listing of new cars, in June this year, Huawei also received 21 "Jiejie" trademarks, which was interpreted by the industry as that Huawei will have the leading role in Jiejie trademarks and become a unified brand name for Huawei’s smart car selection model in the future. In July, the "AITO Joint Working Group on Marketing and Service" set up by Cyrus Auto and Huawei began to be fully responsible for the end-to-end closed-loop management of marketing, sales, delivery, service and channels, marking the strengthening of cooperation between the two parties. From the perspective of products in the second half of the year, the new M7 and M9 models are undoubtedly the most concerned.

Cross-border sales are under pressure

Yu Chengdong, managing director of Huawei, CEO of BG and CEO of BU, a smart car solution, has previously revealed some information about the new M7 model. According to Weibo, the model has 3338mm interior space and 686L trunk volume. Yu Chengdong also highlighted the safety attributes of the new M7. In addition, the M9 full-size SUV will also be launched at the end of the year.

The launch of new cars is very important for the international community to boost sales. Since the beginning of this year, international sales have been under pressure. According to the production and sales data of Celestial, the sales of Celestial cars in July and August this year dropped by 45.69% and 67.52% year-on-year, which contributed to the year-on-year decline in sales in the first eight months of this year. The reporter learned from the Celestial Securities Department that in its production and sales express, the source of Celestial automobile sales is mainly from the world.

"In the first quarter, the promotion of the automobile industry caused users to have a wait-and-see mood. The user’s expectation that the M5 version will be released in the second quarter has a certain impact on the sales of existing models." Cyrus explained the reason for the decline in sales in the first half of the financial report.

AITO WeChat official account also stopped disclosing monthly delivery this year. According to the scattered data, AITO delivered 4,585 new cars in April this year, 5,629 in May and 5,018 in August, and there is no good news that the monthly delivery has exceeded 10,000. Compared with last August, the delivery volume of the industry exceeded 10,000 vehicles, reaching a peak of 12,000 vehicles in October.

According to the data of the Association, in the ranking of wholesale sales of new energy passenger cars in August this year, Sailis sold 5,018 vehicles, which did not rank among the 20, lagging behind the new car-making forces with monthly sales exceeding 10,000, such as Guangzhou Automobile Ai ‘an, Ideality, Weilai, Zero Run, Tucki and Nezha.

While the sales volume problem is anxious, Cyrus and Huawei have not tasted the sweetness in performance since the delivery. In 2022, thanks to the higher selling price of M5 and M7 and the increase in sales volume, the revenue of Cyrus doubled year-on-year. However, due to the increase in sales expenses and investment in R&D, the loss doubled year-on-year, reaching 3.832 billion yuan. In the first half of this year, Cyrus did not turn losses, and its revenue also decreased by 11.14% year-on-year.

It is also doubtful how much performance increment the car business can bring to Huawei. In 2022, Huawei’s smart car solution business revenue was 2.077 billion yuan, accounting for only 0.3% of the total revenue. If the cumulative investment of smart car solution BU is 3 billion US dollars, the business is still losing money. In the first half of this year, the smart car solution business revenue was 1 billion yuan, equivalent to half of last year’s annual revenue, and it seems to be standing still.

Yu Chengdong is under a lot of pressure whether it can bring the sales volume of the industry together and set a benchmark for Huawei’s car business. Since the beginning of this year, Yu Chengdong has been a frequent platform for the world, and its Weibo has twice mentioned that it has spent a lot of money on the new M7 model, saying that this model has "newly invested 100 million yuan to upgrade its interior and exterior" and "spent 500 million yuan to upgrade and build it". In July, Yu Chengdong warmed up the new M7 at the exchange meeting with distributors and suppliers, and in August, he appeared at Chengdu Station to promote the model.

Regarding the sales volume, Yu Chengdong previously responded that the sales volume is only the result of a certain development stage, and what is reflected behind it is actually the relationship with users. Due to lack of experience and experience, I took some detours. At this time, I need to give full play to my own advantages, be determined, and insist on making the ultimate products. Yu Chengdong revealed that in the face of external shocks, the company will speed up improvement, such as optimization in retail, service, delivery and other fields this year, and at the same time optimize the mechanism, increase unannounced visits to stores and other means to enhance the overall service capacity.

Adjustment of cooperative relationship

Since the beginning of this year, it has been frequently speculated that Huawei is devoting itself to building cars, and there are even rumors that Huawei BU wants to seek independence. The root cause of the rumors is that Huawei’s car business has not brought obvious increase and its development prospects are still unclear. In fact, outside Celeste, which has the deepest cooperation with Huawei, many car companies are considering cooperation with Huawei, and the cooperation relationship has undergone adjustment.

At present, the cooperation between Huawei and car companies is divided into three categories, namely vertical parts supply, HI(HuaweiInside) and Huawei Intelligent Selection. HI mode provides full-stack smart car solutions for car companies, and Huawei Intelligent Selection mode is deeply involved in product definition, styling design, marketing and user experience. The cooperation depth of these three models is from shallow to deep.

In the cooperation between car companies and technology manufacturers, who has the "soul" is a controversial issue, especially for Huawei, which has always been strong in product control, car companies will inevitably choose carefully. Some auto industry analysts told reporters that with the competition of new energy vehicles entering the second half, profits will gradually tilt towards electronicization and intelligence, and automakers are wary of cooperation with technology manufacturers.

In March this year, Guangzhou Automobile Ai ‘an AH8 project changed its HI cooperation mode with Huawei and changed it into a component supplier mode. AH8 will be independently developed by Ai ‘an. Some car companies have made two preparations. In April this year, the cooperation mode between BAIC Extreme Fox and Huawei changed from HI mode to intelligent car selection mode. At the same time, BAIC started its own research. At the end of August, Beiqi polar fox koala opened for pre-sale, and this model is positioned as the world’s first smart parent-child car. The reporter learned from Beiqi Blue Valley Securities Department that koala has no cooperation with Huawei. In addition, Chery, Jianghuai and Huawei have cooperated in car selection. Among them, Chery and Huawei have jointly launched a number of smart electric vehicles, and Chery is also developing an independent new energy brand iCAR.

Huawei is aware of the challenges it faces. At the "China Electric Vehicle committee of 100 Forum 2023" in April this year, Yu Chengdong said frankly that among domestic partners, new forces are unlikely to choose Huawei intellectually, international giants will not choose it for some reason, and traditional car companies will not choose it if they are afraid of losing their souls, which makes Huawei face great challenges.

Even in the face of the dynamic adjustment of the cooperative relationship with car companies, in recent years, when Huawei emphasized the stability of cash flow and gave up heavy assets to enter the automobile production, Huawei still responded many times and denied the path of building cars independently. At the beginning of this year, Ren Zhengfei, founder and CEO of HUAWEI, issued a decision announcement, stressing that "Huawei" or "Huawei" should not be used in vehicle promotion and appearance, and the time limit of "Huawei does not build cars" should be extended by five years.

Under this circumstance, in the limited cooperation with car companies, how Huawei can achieve the maximum benefit and the most ideal commercialization goal has become a core issue. In August, it was reported that Huawei made strategic adjustments to its BU business to reduce investment in non-core business and put money to the cutting edge. However, Huawei officials did not respond to this news.

In terms of business strategy, in the foreseeable time, the high probability of asking the world will still be the most important force point of Huawei’s car business. The new M7 and M9, which will be released on the 12th, will become the biggest concern of the international community in the second half of the year.

Original title: Q will release the new M7 model. How long will Huawei "build a car" window?