On the evening of July 21, the 5th Jackie Chan International Action Film Week opened in Datong, Shanxi. Jackie Chan, the founder of Jackie Chan International Action Film Week and Xu Ke, the chairperson of the jury, led the jury to appear.

　　Tsui Hark served as the chairperson of the jury

　　After last year, Jackie Chan International Action Film Week has once again settled in Datong City, Shanxi Province, a famous historical and cultural city. The honorary selection section of the 5th Jackie Chan International Action Film Week "Iron Man" attracted 152 films from 36 countries and regions around the world. After a rigorous and professional selection, ten outstanding films from four continents and seven countries, such as "Big" People "," Unparalleled "and" Tifa is in trouble ", stood out and were successfully shortlisted for the final" Iron Man "honorary selection unit." Big "People" appeared at the opening ceremony as the opening ceremony of the exhibition film. On behalf of the crew, the director 500 expressed their excitement for the film being shortlisted for the "Iron Man" honor.

　　Each "Iron Man" honor will be selected from the 10 shortlisted films by the fifth Jackie Chan International Action Film Week jury. Tsui Hark will serve as the chairperson of the jury, and the Russian director Sergei Podlov, the New Zealand director Martin Campbell, the Canadian director Paul Haggis, the Japanese actor Katsuaki Kurata, the Thai director Prakia Pinkayo and the Chinese actor Xu Fan will be the judges.

　　During the 5th Jackie Chan International Action Film Week, all the "Iron Man" honorary shortlisted films will be screened to the audience. In addition, this film week will also bring 4 action film screening units of "Dragon Tiger Martial Artist", "Action Master", "Asian New School Jianghu" and "Women Hero".

　　Remember to "respect" the profession

　　At the opening ceremony, Jackie Chan International Action Film Week’s promotional film "Original Heart" was released. Directed by director Ding Sheng, "Original Heart" is a moving 70-second video that condenses Jackie Chan’s 65-year legendary life into a subtle insight. Jackie Chan sighs in the film: "I am 65 years old, I don’t want to stop, I just want to look back occasionally."

　　Jackie Chan admitted that although Jackie Chan International Action Film Week has gone through the difficult stage of its infancy, it is still a "child" at the age of 5, and the progress has been made thanks to the efforts of the staff and the support of peers, friends and fans. He said that the improvement of the scale and internationalization of the film week has made the review results more professional and credible, which can give due recognition to the colleagues who have worked hard in the field of action movies in the past year.

　　At the scene, Jackie Chan also sent Zhu Yilong his autobiography "Old Before I Grow Up" and the new album "I’m Still Jackie Chan", and he also hoped to share his life experience with everyone.

　　Implemented the "Ancient Great Wall Protection Plan" this year

　　Jackie Chan is not only committed to promoting the development of Chinese action movies, but also actively participates in public welfare undertakings. During the 4th Jackie Chan International Action Film Week held in Datong last year, Chinese filmmakers launched a large-scale public welfare poverty alleviation project "Poverty Reduction Tough Battle – Starlight Action" under Jackie Chan’s advocacy, actively implemented the national poverty alleviation policy, and allowed Da Ai to enter poverty-stricken areas, bringing real help to the people in poverty-stricken areas.

　　At the scene, Jackie Chan thanked all the "Starlight team members" for their achievements in the past year. Talking about the "poverty reduction battle – Starlight Operation", which has come to the second year, Jackie Chan said that this year’s "Starlight Operation" will be "Ancient Great Wall Protection Plan" as the theme.

　　The 100-person volunteer team of the "Ancient Great Wall Protection Project" also appeared on the stage, and together with the guests on the stage, under the leadership of the flag bearer, Ms. Yuan Jianqin, the ten most beautiful Great Wall guardians in Shanxi Province and the executive vice president of the Datong Great Wall Society, carried out a solemn flag-raising ceremony. Jackie Chan also led all the volunteers to solemnly swear to the cause of ancient Great Wall protection, and the oath of "The Great Wall will never fall" resounded on the scene. In the countdown sound of the audience, the 2020 "poverty reduction battle – Starlight Operation" was officially launched.

　　It is reported that the 5th Jackie Chan International Action Film Week launched a series of activities from July 21 to 27. Text/Our reporter Xiao Yang

　　On the evening of November 13, Alibaba submitted a listing prospectus to the Hong Kong Stock Exchange. The prospectus shows that the funds raised by Alibaba’s IPO will be mainly used to drive user growth and increase participation, help enterprises achieve digital transformation, improve operational efficiency, and continue to innovate. It mentions specific businesses such as Ele.me, Flying Pig, Youku, and cloud computing technology.

　　Industry experts point out that Alibaba’s return to the Hong Kong stock market not only allows it to develop its business through new fundraising, but also helps to enhance its influence in the Greater China region and promote the development of its business.

　　Alibaba data map, photo by Zhongxin Jingwei

　　Proceeds raised will be used in three ways, mentioning companies such as Ele.me and Youku

　　Regarding the use of the proceeds raised, Alibaba said that the company plans to use the funds from the global sale to promote the execution of the strategy in three areas: driving user growth and increasing engagement, helping enterprises achieve digital transformation, improving operational efficiency, and continuous innovation.

　　Among them, Alibaba specifically mentioned that the company will continue to expand and enhance life services through Ele.me and Flying Pig, and will continue to build digital media and entertainment services through Youku and other content platforms. In addition, cloud computing technology is also a key word that Alibaba has mentioned many times in its fundraising purposes.

　　However, the specific issuance plan has not been disclosed in the prospectus this time. According to previous media reports, Alibaba Group plans to issue 500 million new ordinary shares through the global sale and list them on the main board of the Hong Kong Stock Exchange. The issuance includes 500 million ordinary shares and an overallotment share that can issue up to 75 million additional ordinary shares. It is expected to be priced as early as November 20, Hong Kong time. The company’s fundraising amount may be between 100-15 billion US dollars, and the price range is calculated at a 4% discount to the US stock price, around 180 US dollars per share.

　　Ma Yun holds 6.1% of the shares, and the company implements a different rights structure for the same shares

　　In addition, the prospectus also disclosed Alibaba’s shareholding structure, with SoftBank holding 25.8%, Ma Yun holding 6.1%, Cai Chongxin holding 2.0%, other directors and senior management holding 0.9%, and other public shareholders holding 65.2%.

　　In addition, Alibaba also talked about the company’s partnership system in the prospectus. According to the prospectus, in July 2010, Alibaba officially established the Alibaba Partnership, which currently has 38 members.

　　According to the disclosure, the members of the organization only have a single class of shares, and each share corresponds to one voting right, but according to the Articles of Association, Alibaba Partners has the exclusive right to nominate (or in limited cases, great men) a simple majority of the board members. These rights are classified under different voting rights structures under the Hong Kong Listing Rules, so Alibaba is considered a company with different share rights structures.

　　In the second quarter, more than 60% of Alibaba’s revenue came from Tmall and Taobao.

　　On the evening of November 13, the prospectus disclosed by Alibaba in Hong Kong stocks shows that in the fiscal year 2019 (April 1, 2018 – March 31, 2019), the company achieved a total revenue of 376.844 billion yuan and a net profit of 80.234 billion yuan. In addition, from April 1, 2019 to June 30, 2019, Alibaba achieved a total operating income of 114.924 billion yuan and a net profit of 19.122 billion yuan.

　　In addition to disclosing financial data, Alibaba also showed its commercial version in the prospectus. At present, Alibaba’s main business includes core business, cloud computing, digital media and entertainment, and innovation business. Among them, core business is Alibaba’s main source of income. A total of 323.40 billion yuan in fiscal year 2019, accounting for 85.82% of total revenue.

　　In the core business, China’s retail business, dominated by Taobao and Tmall, generates the highest revenue. According to the financial report, during the three months from April 1, 2019 to June 30, 2019, approximately 66% of Alibaba’s revenue came from China’s retail business.

　　According to the prospectus, the core business can be divided into six specific business directions, namely China retail business (mainly Taobao and Tmall), cross-border and global retail business (Tmall overseas, Koala, AliExpress and South East Asia, Turkey, Pakistan and other countries and regions of the e-commerce platform), China wholesale business (1688.com and retail), cross-border and global wholesale business (alibaba.com), logistics service business (Cainiao network), life service business (Ele.me, word of mouth, flying pig).

　　In addition to its core business, Alibaba’s business also includes cloud computing (Alibaba Cloud), digital media and entertainment (Youku, UC Browser, Alibaba Pictures), and innovation (Autonavi, DingTalk, Tmall Genie).

　　Ali’s commercial version, the picture is taken from Alibaba’s prospectus

　　It is worth noting that in the prospectus, Alibaba also stated that the company has held a total of 33% shares in Ant Financial since September 2019. In addition, since June 30, 2019, Alibaba has made or plans to make equity investments in a total of 24 companies, with a total amount of 38.529 billion yuan.

　　Expert: Alibaba’s return to Hong Kong for listing will enhance the company’s influence

　　Yang Delong, managing director and chief economist of Qianhai Open Source Fund, pointed out to China New York Matrix that Alibaba’s return to the Hong Kong stock market has three major benefits, one is to make up for the regret of not being able to list on the Hong Kong Stock Exchange in the past, and the other is to achieve new financing. Finally, because Alibaba’s main revenue and profits come from China, listing on the Hong Kong Stock Exchange is conducive to further expanding Ali’s influence in Greater China and promoting its business growth.

　　In addition, for the possible impact of Alibaba’s listing on the market, Yang Delong believes that according to the current news, Alibaba’s listing on the Hong Kong Stock Exchange will raise 100-15 billion US dollars, which will become the largest fundraising in the history of the Hong Kong Stock Exchange. Therefore, in the short term, it may indeed bring pressure on the Hong Kong stock market to divert funds.

　　"But we can’t just see the role of capital diversion brought by Alibaba’s Hong Kong stock listing. As a representative of the new economy, Alibaba provides new investment targets for Hong Kong stock investors, which helps to attract some investors to invest, thus stimulating the active level of the Hong Kong stock market. In addition, with Alibaba’s return to Hong Kong stocks, it will sooner or later be included in the targets of Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, which also provides a new opportunity for mainland investors, and may also bring new incremental funds to the Hong Kong stock market." Yang Delong said. (China-Singapore Jingwei APP)

　　(The views in this article are for reference only and do not constitute investment advice. Investment is risky, and caution is required when entering the market.)

On August 23rd, the first Beijing Station of the "Data-Driven Operational Growth" City Tour Salon was successfully held! At the event site, the first push invited user growth expert Xu Zichao, author of "Super Operation" Han Xu, senior product manager of Mango TV Roman Ling, COO of Mengbao Company Liu Mengchen, and senior product expert Yuan Ziwei, to share in depth about "APP operation breakthrough and advancement", bringing new ideas, new strategies and new methods for APP operation growth in the digital intelligence era to the on-site guests and online audiences. At the scene, everyone also fully exchanged views on hot topics such as data value mining, digital intelligence operation system construction, digital intelligence growth strategy design and implementation, and created a new path for APP operation growth.

Nowadays, many Internet companies are accelerating the upgrade of digital intelligence, mining deeper user value through "data-driven", improving operational efficiency and effectiveness, and is becoming the operating consensus of Internet people. At the event site, user growth expert Xu Zichao also said that the current is in the transition stage of the decline of Internet technology dividends and the outbreak of artificial intelligence technology dividends. Artificial intelligence has become a new productivity, so operations also need to shift from human experience-driven to data and algorithm-driven in order to better solve the growth problem.

User growth expert Xu Zichao shared on site

As an old friend of the majority of APP, Weitui has been deeply cultivated in the mobile Internet industry for more than ten years, serving hundreds of thousands of APP customers such as People’s Daily, Xinhua News Agency, Central Video, Sina Weibo, Mango TV, Didi Chuxing, Ele.me, and Pocket Life. From providing third-party push notification services for developers to now providing digital intelligence operation services and overall solutions for APP, Weitui has accumulated profound practical experience in data-driven operation growth. The holding of the "Data Driven Operation Growth" city tour salon is also to create a platform for the industry to share experience methods and create solutions, help more partners "make good use of data", and fully tap the value of data to achieve cost reduction and efficiency in the operation process.

At the salon site, Yuan Ziwei, a senior product expert, brought the company’s digital intelligence operation methodology and service cases, allowing the audience to intuitively feel the huge driving effect of data and algorithms on APP optimization products and operation strategies, user experience upgrade and user value transition.

Yuan Ziwei, a senior product expert, shared on the spot

Digital intelligence growth is the only way for APP operation to break and advance. However, there are still many pain points and difficulties in how to implement the digital intelligence operation growth strategy. In this salon, senior Internet operation expert Han Xu and operation growth traders from Mango TV, Mengbao Company and other Internet companies shared their valuable experience in designing and implementing digital intelligence growth strategies in APP operation scenarios such as content operation, product iteration, and commercialization.

Senior Internet operation expert Han Xu shared on the spot

Roman Ling, Senior Product Manager of Mango TV, shared on site

Liu Mengchen, COO of Mengbao Company, shared on the spot

At the salon, the guests shared a lot of dry goods, which resonated with many audiences. The "Data-Driven Operational Growth" Urban Tour Salon departed from Beijing and will continue to bring together many senior experts in the Internet industry to bring digital intelligence growth cases of vertical APPs and innovative practices in data applications, and work together to create a new picture of digital intelligence growth.

Group photo of the speakers and the audience

Jackie Chan (center) and Yu Dan (right) attend the opening ceremony of "China Story" on August 9. Photo by Cao Ji

Lei Yulan (right), Vice Governor of Guangdong Province, unveils the "Guangdong Hut". Photo by Cao Jili

　　　　At the opening ceremony of the 2008 Olympic Games in Beijing, China presented a beautiful freehand painting of Chinese civilization to the world. Just a few hours after the emotion and passion had not yet cooled, another wonderful Chinese legend kicked off in the public area of the Olympic Park. A large-scale cultural exhibition called "China Story" was officially opened in the public area of the Olympic Park on the morning of August 9. Leaders and representatives of the Beijing Olympic Organizing Committee and 30 provinces, autonomous regions and municipalities across the country, as well as stars such as Jackie Chan, Zhou Huajian, Mok Wen Wei, Yu Dan, sociologists and 30 representatives of folk artists appeared on the same stage to tell Chinese stories.

　　Jackie Chan burst into tears at the opening ceremony

　　At 10 am, the Chinese story and culture exhibition area in the public area of the Olympic Park unfolded a huge scroll with seals engraved with the names of 30 provinces, regions and cities, which dyed the beautiful and quiet public areas in the past with a cultural atmosphere. During the Beijing Olympic and Paralympic Games, more than 30 "auspicious cloud huts" will display China’s national cultural heritage and the vibrant ethnic and folk cultures of various regions through live handicraft performances and audience participation and interaction. Stars and folk artists such as Jackie Chan and Yu Dan became the biggest highlights of the opening ceremony.

　　Jackie Chan and Yu Dan, who have made Hollywood famous for Chinese kung fu and become the pride of all Chinese people, and who have become famous promoters of the revival of Sinology in the new century by promoting traditional culture, when the two heavyweight guests gathered at the opening ceremony to talk about "China’s story in the eyes of the world", they collided with a lot of ideological sparks. "We should build a small courtyard and put some things on it so that people around the world can see our Chinese culture." Jackie Chan said that he was present at the opening ceremony the night before, and he cried when the torch was lit. "This is not the first time I have cried for the Beijing Olympics. As a Chinese, the Olympic Games are held in my own country, and on such an occasion, no one can suppress the excitement. The Chinese are good, and the opening ceremony is a perfect start." Like Jackie Chan, Yu Dan, a scholar, said the opening ceremony would give the world a better understanding of Chinese culture. "I hope that Chinese culture can use the platform of the Olympic Games to go to the world and let the world see the real wonders of China."

　　Zhou Huajian and his mixed-race son sing on stage

　　"Everyone is equally useful. Volunteer, invariably. Forget yourself, and be open-minded. I am a star, embellishing the sky…" As a special pair of volunteers at the opening ceremony, Zhou Huajian and his son took the stage to sing the volunteer theme song "I am a star". Referring to his mixed-race son Zhou Houan, Zhou Huajian was very proud. "We are both volunteers for the Olympic Games. Before the opening of the Olympic Games, he had already reported to his assigned area – ‘China Story’. I heard from the staff that he was very diligent. He helped my brother and sister who were filming documentaries carry the machines every day and went out on location, which made my father a lot of light." Joining Zhou Huajian and others at the Olympic Park to help promote Chinese culture during the Olympic Games, Mok Wenwei and Sun Nan also sang passionately on stage, kicking off the "China Story".

　　According to reports, in the more than 30 auspicious cloud huts in the Chinese Story Exhibition Area of the Olympic Public Area, the best national intangible cultural heritage retained by various provinces, regions and cities will be highlighted in a space of 60 to 80 square meters. Jiangsu brocade worth tens of millions, wonderful and moving Kunqu Opera performances, interesting Shaanxi shadow puppets, hidden entrances in Chongqing face-changing, colorful and fragrant sugar paintings… The "Chinese Story" cultural exhibition activities use novel and diverse forms of display such as pictures, real objects, multimedia audio-visual arts, combined with live handicraft performances and audience participation and interaction, to vividly tell friends from all over the world about the beauty of Chinese culture.

　　Related Links: Guangdong Cottage

　　Among the more than 30 auspicious cloud huts in the "Chinese Story" exhibition area, the Guangdong hut of "Yueyun Chaofeng" is quite eye-catching. In the hut, audiences from all over the world can enjoy exquisite gold wood carvings, tide embroidery, wide embroidery, wide color, ceramics, Duan inkstone and other art treasures, and experience the long-standing Lingnan culture. That morning, Vice Governor Lei Yulan attended the opening ceremony of China Story, unveiling the "Guangdong hut".

　　Among the exhibits, it was revealed, was a giant gold wood carving from Chaozhou, the "treasure of the town house" of "Guangdong Hut" – about 1.8 meters high and more than 2 meters wide, with the theme of the "Bird’s Nest" in the National Stadium, showing the moving scene of birds coming and dancing around the "Bird’s Nest".

Editor in charge: Li Dan

On June 16th, the "AITO Ask the World M5 Series · Huawei Advanced Intelligent Driving Edition Urban Intelligent Driving Experience Day – Wuhan Station Media Field" event was held in the AITO Authorized User Center · Wuhan University Park Road, and a number of mainstream media were invited to participate in the intelligent driving experience. This event aims to invite the media to actually experience the HUAWEI ADS 2.0 advanced intelligent driving system and Hongmeng intelligent cockpit 3.0, and experience the powerful advantages of the "Double Intelligent Ceiling" Ask the World M5 intelligent driving version in terms of intelligence, performance, safety and comfort.

At the same time, the 2023 Guangdong-Hong Kong-Macao Greater Bay Area Auto Show officially opened in Shenzhen. AITO asked the world all models appeared at the auto show and held the delivery ceremony of the first batch of owners of the AITO asked the world M5 Huawei high-end intelligent driving version, marking the official start of the national large-scale delivery of the M5 intelligent driving version. This is another milestone event after AITO asked the world to complete 100,000 cars in only 15 months on May 27. On the day of the event, the first batch of delivery ceremonies of the Wuhan AITO asked the world M5 intelligent driving version were also held. A customized delivery and pickup session was held for the first five owners on the spot.

Q Jie M5 smart driving version has been officially listed on April 17, its official guide prices are, extended version: rear drive smart driving version price 279,800 yuan, four-wheel drive smart driving version price 299,800 yuan; EV version: rear drive smart driving version price 289,800 yuan, four-wheel drive smart driving version price 309,800 yuan. The car is the first model equipped with HUAWEI ADS 2.0 high-end intelligent driving system and Hongmeng intelligent cockpit 3.0 at the same time, realizing an intelligent driving experience that is infinitely close to L3.

Yu Chengdong, executive director of Huawei, CEO of end point BG, and CEO of smart car solutions BU, said at the delivery ceremony: "Thank you to the first batch of owners for choosing the Wenjie M5 smart driving version, which is equipped with a million luxury car-level all-aluminum chassis to bring extreme control. The innovative intelligent range extension technology makes it have abundant power and extremely low energy consumption at all times. Hongmeng smart cockpit and HUAWEI ADS 2.0 high-end intelligent driving solution" Double Smart Ceiling "create an intelligent car experience. Moreover, we will be the first to land the urban NCA function that does not rely on high definition maps in 15 cities in the third quarter, bringing a safer and more comfortable travel experience for people and smart drivers."

Equipped with HUAWEI ADS 2.0 high-level intelligent driving system, the Q & A M5 smart driving version is equipped with 1 overhead lidar, 3 millimeter-wave radars, 11 high definition cameras and 12 ultrasonic radars. Superimposed with new antenna technology, the signal is doubled, and high-speed and urban high-level intelligent driving functions that do not rely on high-precision maps are realized, bringing a pleasant high-level intelligent driving experience. On the basis of the fusion of BEV (Bird Eye View Aerial View) sensing ability, the Q & A M5 smart driving version is the first GOD network in the industry, which can identify special-shaped objects outside the whitelist of general obstacles. Combined with the road topology reasoning network, it can be driven with pictures and no pictures, so that vehicles can see, understand, and drive better.

The Wenjie M5 Smart Driving Edition is equipped with a HarmonyOS 3 smart cockpit. The intelligent perception in the car goes further, allowing the car to adapt to people and realize all-round automatic adjustment of seat position, HUD height, and rearview mirror position. At the same time, a number of new software and hardware technologies are loaded: the first boarding of spatial audio technology, combined with 19 units of professional-grade audio, allows users to visit the performance scene of the National Grand Theater in person; the rear HUAWEI MagLink magic suction car interface, which can be connected immediately to realize multi-device linkage, such as controlling the content watched by children on the rear tablet, front and rear team games, dual-screen access to conferences, etc., makes the Wenjie M5 Smart Driving Edition easily become the user’s exclusive study, game hall or conference room. HarmonyOS 3 also further integrates the car and mobile phone: the PC car-machine interconnection function makes the temporary office in the car more efficient; the address navigation circulation function in the mobile phone application allows the car to be navigated at a touch of the mobile phone.

In terms of power, the M5 Smart Driving Edition is equipped with HUAWEI DriveONE pure electric drive platform and HUAWEI DATS dynamic adaptive torque system and other technologies, with a pure electric battery life of 255km and a long comprehensive battery life of 1425km. In terms of space, the rear leg space of the M5 Smart Driving Edition is optimized to 870mm, allowing passengers to sit for a long time without getting tired; the trunk volume is 369L, and the rear row can be expanded to 776L after being laid down. With 3500W reverse charging, it still supports more than 800km of battery life after a week of camping in the wild, easily meeting travel needs.

The launch of the AITO Qinjie M5 series · Huawei high-end intelligent driving version not only enriches the choice of car buyers for the current AITO Qinjie models, but also elevates the intelligence of new energy vehicles to a new height, making driving more "intelligent". I believe that under Huawei’s deep empowerment, Qinjie cars will be favored by more users.

　　Beidou network, stars shine all over the world.

　　On July 29, the reporter learned from the China Satellite Navigation System Management Office that the last networking satellite of the Beidou-3 system has completed in-orbit testing, network access evaluation, and has been officially connected to the network recently.

　　In ancient times, there was Beidou Seven Stars to identify the direction, and now there is Beidou Satellite Positioning Kyushu. This global satellite navigation system independently built and operated by our country will provide global users with all-weather, all-day, high-precision positioning, navigation and timing services. What are the capabilities of Beidou satellite navigation system and how to achieve the development of the whole industry chain? How will Beidou satellite global networking promote the transformation of production and life and empower the development of industries?

　　Have five abilities

　　Beidou satellite navigation system is an important space infrastructure independently built and operated by our country, and it is also the largest, widest coverage and highest service performance giant complex space system in our country so far.

　　Speaking of Beidou, many people’s first reaction is "navigation and positioning". Real-time navigation and fast positioning are the most basic functions of a satellite navigation system. In addition, Beidou also has three features: accurate timing, location reporting and short message communication.

　　"The Beidou satellite itself is a timing system in our country," said Lu Xiaochun, deputy director of the National Time Service Center of the Chinese Academy of Sciences. The accuracy of the on-board rubidium atomic clock on the Beidou-3 satellite is at the international leading level, and can reach 5 10 billion seconds per day. At present, this function has been widely used in communications, power, finance and other systems.

　　The location reporting function is closely related to the characteristics of Beidou’s "active positioning". Active positioning is a major innovation of China’s Beidou. Using radio measurement technology, through two geostationary orbit satellites, it can not only answer the user’s "where am I", but also tell the relevant parties who follow the user’s whereabouts "where are you". It is widely used in search and rescue, fishing and other fields, and is a "clairvoyant" to ensure the safety of people’s livelihood.

　　The short message communication function is the "unique stunt" of the Beidou system. Navigation satellites and communications satellites are two types of satellites, but Beidou navigation satellites have additional communication functions. Wang Bo, deputy secretary-general of the China Satellite Navigation and Positioning Association, said that Beidou users can use the end point to not only know their location, but also tell others about their situation through short messages. This function is crucial in areas without network coverage such as deserts, distant oceans, deep mountains and forests, or when disasters occur and communication is blocked.

　　"After the Wenchuan earthquake, all ground communication facilities have been completely disconnected. The information is actually based on the short message and short message function of Beidou-1. Although it is only capable of a few hundred Chinese characters, it was very effective at that time." Wang Ping, chief designer of Beidou-3 satellite at the Fifth Academy of Aerospace Science and Technology Group, said.

　　In the Beidou-3 system, the ability of short message communication has been significantly improved, and the information sending capacity has been increased from 120 Chinese characters to 1200 Chinese characters at the first time, which is widely used in many fields such as ocean fishing, rescue and disaster relief, and global search and rescue. According to Yu Xiancheng, president of the China Satellite Navigation and Positioning Association, more than 70,000 fishing boats and law enforcement vessels across the country have installed Beidou end point, and a total of more than 10,000 people have been rescued.

　　The Beidou satellite navigation system consists of three parts: the space segment, the ground segment, and the user segment. It is worth mentioning that the Beidou space segment uses a hybrid constellation of three orbiting satellites. In addition to having medium-circle earth orbit satellites like the US GPS, European Galileo, and Russian GLONASS satellite navigation systems, it also has geostationary orbit satellites and tilted geosynchronous orbit satellites. These two types of satellites belong to high-orbit satellites. The higher the satellite, the stronger its anti-occlusion ability. Whether it is in a city with high-rise buildings or in a mountainous area with many obstructions, Beidou can still "hold on to its post" when other satellite systems cannot be positioned. Especially in low latitudes, Beidou performance is more advantageous.

　　Benefit domestic service global

　　On May 27, China’s 2020 Mount Everest elevation survey mountaineering team successfully topped the world’s highest peak, Mount Everest.

　　15 years ago, when our country measured the elevation of Mount Everest, the global navigation satellite system (GNSS) satellite measurement mainly relied on the GPS system of the United States. And this measurement, our country also referred to the four global satellite navigation systems of China Beidou, the United States GPS, the European Galileo, and the Russian Glonass, and mainly used the data of Beidou. Among them, the Beidou high-precision positioning equipment developed by the Shanghai Huatai Navigation Technology joint stock company played an important role in the measurement.

　　The headquarters of China Test Navigation is located in Beidou Industrial Park, Xihongqiao, Qingpu District, Shanghai. There are more than 100 companies related to the Beidou industry. The upper, middle and lower reaches of the Beidou industry chain have formed close connections.

　　From the application level, how is the Beidou industrial chain divided?

　　It is understood that the "Beidou" industrial chain is mainly concentrated in the user segment of the Beidou system, divided into three links: upstream basic components, midstream end points, and downstream operation services. Among them, upstream basic components are mainly chips, boards, antennas and other basic components; midstream end points mainly refer to navigation and positioning devices that can receive "Beidou" signals; downstream operation services mainly refer to providing various basic services such as positioning, navigation, timing, and short message communication based on "Beidou" for government and enterprise users, industry users, service providers, and mass consumers.

　　From providing services for the Asia-Pacific region to providing services for the world, Beidou realizes global networking, which not only means that Beidou has a wider coverage of services, but also benefits the entire industrial chain. The related industrial chain products have a set of support systems. The experience, stability and reliability of these products will be greatly improved, especially in the chip and end point industries.

　　The R & D and production technology of Beidou chips is gradually maturing. The 28-nanometer chip supporting the "Beidou No. 3" system signal has been widely used in the field of Internet of Things and consumer electronics. The 22-nanometer dual-frequency positioning chip has met the market application conditions. The full-frequency integrated high-precision chip has been put into production, and the performance of Beidou chips has reached a new level. By the end of 2019, the shipment of domestic Beidou navigation chip modules has exceeded 100 million pieces, and the quarterly shipment has exceeded 10 million pieces. Beidou navigation chips, modules, high-precision boards and antennas have been exported to more than 100 countries and regions.

　　In terms of end point products, taking smartphones as an example, in 2019, the total sales volume of domestic satellite navigation and positioning end point products exceeded 460 million units, of which the sales volume of smartphones reached 372 million units. As of the third quarter of 2019, more than 400 mobile phones that applied for network access in the Chinese market had positioning functions, of which nearly 300 supported Beidou positioning.

　　The whole industrial chain of Beidou is making efforts, which not only benefits China but also serves the world. "In 2019, Beidou’s overseas application cooperation and trade exchanges have become more frequent. Domestic Beidou basic products have been exported to more than 120 countries and regions. Land rights confirmation, precision agriculture, smart construction, smart ports, etc. based on Beidou have been successfully applied in ASEAN, South Asia, Eastern Europe, West Asia, Africa and other places." Yu Xiancheng said.

　　Aerospace Science and Technology Group Wuyuan Aerospace Stellar Company has developed more than 1,000 kinds of satellite application products so far, including Beidou navigation handheld, Beidou ship-borne end point, Beidou vehicle-mounted end point, etc. "In 2019, our ship-borne end point products successfully entered the Myanmar fishery market. So far, more than 1,000 sets of ship-borne end point products have been delivered. It not only provides services such as ship positioning supervision, no-fishing and no-navigation area management for Myanmar’s fishery supervision department, but also provides fishermen with positioning and navigation, catch reporting, text communication and alarm and rescue functions." The relevant person in charge of Aerospace Stellar told reporters.

　　The completion of the Beidou system will greatly promote a new round of development of our country’s satellite navigation industry. The "2020 China Satellite Navigation and location-based service industry development white paper" (hereinafter referred to as the "white paper") shows that in 2019, the total output value of our country’s satellite navigation and location-based service industry reached 345 billion yuan, an increase of 14.4% over 2018. It is expected that the overall output value of the industry will exceed 400 billion yuan in 2020.

　　Applications are limited only by imagination

　　Signals are on the horizon, applied around.

　　From clothing, food, housing, transportation to water, electricity, gas, heat, from agriculture, forestry and fisheries to disaster relief and mitigation… The Beidou satellite navigation system is deeply integrated into social life and penetrates into all aspects of economic and social development.

　　Driving on the road, which road is smoother? Bus travel, how long will it take for the car to arrive at the station? Shared riding, how can I quickly find a bicycle? No matter what mode of transportation you choose, you can’t do without the Beidou satellite navigation system.

　　The transportation industry is one of the largest users of the Beidou satellite navigation system. The Beidou system is widely used in key transportation process monitoring, highway infrastructure safety monitoring, port high-precision real-time dispatch monitoring and other fields. According to the data of the White Paper, by the end of 2019, more than 6.50 million operating vehicles, 40,000 express and postal vehicles, about 80,000 buses in 36 cities, more than 3,200 inland river navigation facilities, and more than 2,900 marine navigation facilities in China had applied the Beidou system, and built the world’s largest operating vehicle dynamic supervision system.

　　"Where" and "what time" constitute the measurement coordinates of our daily work and life. Invisible and intangible time and space information is not only an indispensable important guarantee in people’s lives, but also an important infrastructure of the national economy.

　　Intelligent port construction is regarded as an important means to enhance the core competitiveness of ports. Previously, the Ministry of Transport and other nine departments issued the "Guiding Opinions on Building World-Class Ports", proposing to build information infrastructure based on Beidou satellite navigation system and other technologies, and promote the automatic driving demonstration of trucks in the port area and special scenes.

　　In Wuhan Huashan Port, rows of bridge cranes, ship cranes, and track cranes are arranged in sequence, and "flatbed trucks" about 15 meters long and with a maximum load of 75 tons are driving independently. A series of operations such as parking, packing, leaving, parking, and unloading are completely completed independently.

　　This is a 5G intelligent unmanned container transfer truck that uses Beidou positioning. Compared with traditional container unmanned trucks that rely on "magnetic nails" on the ground to locate and move, the Beidou navigation system can provide higher-precision spatiotemporal information, transmit data through the 5G network, and enable the car to sense various objects within 200 meters, and the parking positioning accuracy is controlled within 5 centimeters.

　　The accuracy is controlled within 5 centimeters – this is not the "limit" of Beidou. High-precision service is a major feature of Beidou. The service accuracy of traditional navigation systems is "meter-level" or even "10-meter-level", and higher-precision services are rarely opened to the civilian market. Beidou "has a national network", and with the help of more than 2,000 ground-based enhancement stations, the Beidou system has the ability to provide users with decimeter-level, centimeter-level and even millimeter-level positioning accuracy.

　　When agriculture meets Beidou, sowing is more labor-saving, seedling emergence is more worry-free, and labor production efficiency is greatly improved. In the farmland of Dashetai Town, Wulateqian Banner, Bayannur City, Inner Mongolia Autonomous Region, unmanned seeders are becoming increasingly "ordinary" from "rare things". Based on the Beidou positioning function, the seeders operate by themselves along the preset route. With this precise and scientific method, the sowing deviation per kilometer does not exceed 2 cm, and the seedling emergence rate per mu can be increased by 10%.

　　According to statistics, the agricultural machinery automatic driving system based on the Beidou system has more than 20,000 sets, saving 50% of labor costs; the agricultural machinery operation supervision platform and the Internet of Things platform based on the Beidou system provide services for more than 100,000 sets of agricultural machinery equipment, greatly improving the operation management efficiency.

　　When disaster warning meets Beidou, people are safer and property is guaranteed. Not long ago, in Leijiashan, Shimen County, Hunan Province, thanks to the "Beidou Satellite High-Precision Earth Disaster Monitoring and Early Warning System", villagers located in the landslide danger area were promptly transferred without any casualties. Through 24-hour real-time monitoring of the deformation and displacement of mountains, reservoirs, and rivers, Beidou provides early warning of possible landslides, subsidence, cracks, reservoirs, and river water levels to protect lives and reduce losses.

　　On the special battlefield, Beidou also responded quickly and made every effort to fight. At the beginning of 2020, a battle against the COVID-19 epidemic was launched in Shenzhou, and Huoshen Mountain and Leishenshan Hospital rose from the ground. It was Beidou that achieved high-precision positioning and accurate plotting for complex terrain and landforms; the national "Qianxun Location" online drone platform can realize epidemic prevention operations such as drone precision spraying, providing it with high-precision data, and it is also Beidou; the real-time supervision and control of material transportation vehicles, intelligent machines will quickly send medical materials delivered to the hospital isolation area, and the support system behind it is still Beidou…

　　The Beidou system collides with new technologies such as new generation 5G mobile communication, blockchain, Internet of Things, artificial intelligence, etc., builds an emerging industrial ecological chain with Beidou spatiotemporal information as the main content, and promotes the transformation of production and lifestyle and the continuous innovation of business models, which will create huge economic and social benefits.

　　In the future, Beidou has infinite possibilities. As Academician Sun Jiadong, the first chief designer of Beidou satellite navigation system, once said, "Beidou’s application is only limited by human imagination". (Our reporters, Chai Yaxin, Fu Xiaojing)

On May 7, Beijing announced a taxi fare adjustment plan, including an increase in the starting price and the charging fee per kilometer of rental. After the new plan was announced, controversy ensued. So, how is the pricing in foreign metropolises and Hong Kong? Is the pricing method affected by other factors?

Looking at some big cities, although they will be priced by mileage, the total pricing method is different, and the whole set of pricing methods in each city is unique. Don’t believe it? Then you can read it down:

Big cities in the United States: Washington, DCThe head price must be added!

There are two types of price management in the United States, one is to set the highest rate and the lowest rate, and most places implement a fixed rate.

If you want to take a taxi in Washington, D.C., then for the first 0.2 kilometers, you need to pay a starting price of about 18.4 yuan(The local currency is converted into RMB, the same below)After that, for every additional 0.2 kilometers, an additional 1.67 yuan will be charged, and in case of traffic jams, an additional 153.6 yuan will be charged per hour.

There are additional conditions for taking a taxi in Washington. If it is a taxi, an additional 6.14 yuan can be charged for the second, third and fourth passengers, up to a maximum of 18.4 yuan. Baggage is charged an additional 3.1 yuan for each passenger space. If there is a snow day that makes the road slippery, an additional 92.2 yuan will be charged.

New York’s yellow taxis start at 15 yuan, including 0.2 miles, and charge an additional 2.4 yuan for every 0.2 miles thereafter; during peak hours (Monday to Friday from 4 to 8 pm), the surcharge is 6 yuan, and the parking and waiting hour is 144 yuan.

According to the American Taxi website, in the 26 largest cities in the United States, the most expensive for the first 5 miles (about 8 kilometers) is Boston, which costs about 100 yuan, and the cheapest are St. Louis and Chicago, which cost about 50 yuan and 53 yuan respectively.

New York Taxi

Tokyo: What? You actually want to take a taxi? It’s expensive!

Taxi fares are notoriously expensive in Tokyo, Japan. Japanese people don’t usually take taxis until they have to. Basically, taxis start at 44 yuan, then 15.5 yuan per kilometer, and if calculated by the hour, you will be charged an additional 167.4 yuan for every hour of waiting. However, this is only the basic fare method. According to the data, passengers will pay different fares depending on the company where the taxi is located.

Tokyo Narita Airport to Tokyo City taxi fare is sometimes equivalent to a one-way ticket from Shanghai to Tokyo, and compatriots who come to Japan should not move their casual taxi habits in China. In addition to walking, here is basically a well-developed public transportation.

Tokyo Taxi

Hong Kong: Is it too expensive to take a taxi? Look at the color of the car!

There are three types of taxis in Hong Kong, namely "red", "green" and "blue". Of these, only the "red" can operate throughout the territory, and the other two can only operate in specific areas.

The starting fare for taxis in Hong Kong’s urban area is 15.8 yuan, and then an additional 0.8 yuan to 1.2 yuan per 200 meters will be charged depending on the length of the journey and the type of taxi color.

Hong Kong red taxi

Hong Kong green taxi

Hong Kong Blue Taxi

London: Long journey? It’s okay, I’ll just drive faster!

The London taxi fare is divided into three parts: time period, distance and time taken. The starting price is 22.8 yuan. On weekdays from 6am to 8pm, if it takes 6 to 13 minutes to cover the 1.6km distance, the minimum price must be 53.25 yuan, and the maximum price must be 83.7 yuan. But if it takes 10 to 20 minutes to cover the 3.2km distance, the price will not be stacked on a per-mile (per 1.6km) basis, but will be less than the per-mile stacking. The evening taxi fare will be higher.

London taxi pricing can be accurate to the extent planned in black and white, that is, regardless of how much time passengers actually spend on the road and how many miles they travel, according to the black and white tables in the regulations, they can check how much they should pay.

London Taxi

Paris: There is a minimum spend, and pets will be charged extra.

Taxi fares in Paris start at Rmb16 and are billed in two periods: during the day (7am-7pm) and at night (7pm-7am). During each period, passengers are charged in three ways: A, B and C, depending on the region in which they take the taxi.

The A price is the cheapest, suitable for driving in Paris during the day, and the fare is 4.8 yuan per kilometer; the B price is suitable for night time in Paris and during the day time in the suburbs of Paris, and the fare is 8 yuan per kilometer; the C price is the most expensive, suitable for night time in the suburbs and areas outside Greater Paris, and the fare is 12.8 yuan per kilometer. Each taxi has three small lights A, B and B on the top, which allows passengers to know the fare here and now.

In addition, there is a charging method based on time and speed: if the taxi speed is higher than the standard, the meter will be charged at 195 yuan per hour.

This is far from enough. In addition to the starting price and the mileage, taxi drivers can also charge extra for certain items, such as: at train stations, airports or places with special signs, you need to pay an additional 5.6 yuan; if there are more than 3 passengers, the 4th passenger needs to pay an additional 20 yuan; if there are pets, you need to pay an additional 4.8 yuan; if the passenger’s luggage exceeds 5kg, you need to pay an additional 7.20 yuan; if there are large items (such as sledges, bicycles, etc.), you need to pay an additional 7.20 yuan…

In addition, the most unaccustomed fee for foreign passengers is the "minimum consumption" of taxis. Although the starting price of taxis is 16 yuan, each taxi has a minimum consumption of 48 yuan.

Taxi pricing and living standards

There are many factors that determine the pricing standard of taxis in various cities, including government regulation, market demand and consumption index. If the consumption index of goods, restaurants, transportation, etc. in cities is used to measure the living standards of residents in various countries, then the cost of living in some Asian countries is even higher than that in European and American countries.

For example, among the countries and regions mentioned above, Japan has the highest consumer price index (CPI), reaching 115, the United Kingdom is 102, and the United States is 81. 77 in Hong Kong, China, and only 61 in mainland China.

(Integrated Sina.com, China Transportation News Network, etc.)

In the wave of building a society ruled by law, Changde Cigarette Factory has always integrated the concept of rule by law into the blood of enterprise development and actively fulfilled its social responsibilities. On the one hand, centralized law popularization education is combined with daily law popularization. Make use of important time nodes, anniversaries and other events to carry out centralized publicity activities, pay attention to the subtle infiltration of daily publicity and education, and enable employees to learn and understand the law in a strong legal and cultural atmosphere. On the other hand, combine the publicity and education of the rule of law with the practice of the rule of law. Invite legal professionals to popularize the law, organize relevant professional legal knowledge training and education in a targeted manner, improve the rule of law literacy and management ability according to law, and make the rule of law publicity and education more widely rooted in daily work practice.

The picture shows the factory carrying out the "315" theme publicity activities.

On the 315th day of Consumer Rights Day, Changde Cigarette Factory set up a publicity point in Dahe Street, Changde, and set up an eye-catching consultation desk with eye-catching publicity banners, and the staff distributed exquisite brochures to the past citizens.

"Do you know how to distinguish between genuine and fake cigarettes?" A staff member smiled and asked Mr. Zhang a question.

"Well, I really don’t know." Mr. Zhang scratched his head and looked a little confused.

"Never mind, I’ll teach you." The staff picked up a box of cigarettes from the publicity platform and began to explain patiently. She introduced the dangers of fake and shoddy cigarettes and the skills of distinguishing and preventing fakes to Mr. Zhang in plain language through the on-site physical display and the sharing of real cases. Mr. Zhang listened with relish and nodded his approval from time to time.

On the National Safety Education Day, national safety education propaganda slogans and short films were circulated on the electronic screen of the factory, which attracted many employees to stop and watch. These short films convey the importance of national security to employees with vivid pictures and simple language, and make them deeply realize that maintaining national security is the responsibility and obligation of every citizen.

The key to the promotion of popularization of law lies in "people". In order to realize the transformation of popularization of law from "flood irrigation" to "precise drip irrigation", legal consultants were invited to participate in popularization of law. Professional lawyers respectively explained the background, significance, legal interpretation and legal application of new provisions of the Civil Code according to the business characteristics and compliance requirements of the factory. Focusing on the common contract-related legal risk points and countermeasures of state-owned enterprises, this paper expounds the methods and ways of risk control when enterprises carry out business, and explains in detail the legal risk points that should be paid attention to before, during and during the contract signing. It is highly targeted to improve the company’s ability and level of using the civil code to safeguard the rights and interests of state-owned assets, the interests of employees and resolve contradictions and disputes.

In the future, Changde Cigarette Factory will continue to strengthen the publicity of law popularization, constantly innovate the form and content of law popularization, and let the concept of rule of law take root in people’s hearts. (Text/Figure Changde Cigarette Factory Liu Kechi)

(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.

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.