I won the 2021 Beijing Benz E300L E260L.

At the beginning of March, the domestic long-wheelbase version released 2021 redesigned models, only six months after the release of 2021 mid-term redesigned products in September 2020. The new product cancels the 1.5T+48V light hybrid power of the previously controversial E260L model, adopts a 2.0T low-power engine +48V light hybrid system, and completely removes the "small displacement" hat. The price range of 10 models is 43.99-562,900 yuan. The new car still offers two styles, the standard version and the sports version, and there is also a certain upgrade in configuration. Recently, we took a real shot of the 2021 modified 00L sports luxury model (hereinafter referred to) in Daxing, Baoan, Shenzhen, to see the specific changes.

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment
Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

New car features:  

First, the mid-term change model will be changed again in the year, and the appearance will continue to be standard and sporty.

Second, the carriage adopts the classic layout of double 12.3-inch continuous screen, and the sense of luxury atmosphere is the strongest in its class.

Third, E260L model cancels the 1.5T+48V light mixing system and replaces it with a 2.0T low-power engine +48V light mixing system.

Four, 00L fashion increase the whole car keyless entry, electric trunk and induction trunk.

V. The driver assistance enhancement kit including adaptive cruise is added to the 00L distinguished model.

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The 2021 E-class itself is a mid-term product, and its appearance has changed greatly. As an annual redesigned model, the appearance and interior are not the key points. The configuration and power of some models are mainly adjusted to achieve the purpose of increasing distribution and enhancing competitiveness. Still provide a standard and sporty double-style appearance. In terms of color, the new car only offers two color schemes, Obsidian Black and Arctic White, which is not personalized enough.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The front face still provides standard and sporty double-style modeling, the sports version adds a sports kit, and the flat middle net is decorated with a complex grille, which matches the huge round LOGO;; The standard version fills the net with multi-spoke trims, and the LOGO stands above the hood. The two versions bring different visual effects and are suitable for users of different ages.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The headlights have been redesigned, and the original dual-spoke LED daytime running light has been changed into a brush with a folded corner in calligraphy, which is as close as possible to the latest family style. The high-profile models are also equipped with geometric multi-beam LED light sources, which have more intelligent effects. The side cheeks are not equipped with front fog lights, and the sports version adopts a more exaggerated double-spoke diversion groove shape, which looks a lot of spirit.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The body size has not changed, the length, width and height are still 5078/1860/1480mm (1490mm for four-wheel drive version) and the wheelbase is 3079 mm. Compared with the main competing products at the same level, it has no size advantage and the overall performance is moderate.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The exterior rearview mirror is decorated in black, and the shell is integrated with LED side turn light and side camera. Except E260L model (reversing image), it is equipped with 360 panoramic images, and the display screen is very clear. The E300L model also comes standard with electric adjustment, folding, memory, heating, automatic reverse rollover, automatic lock folding and automatic anti-glare functions, while the E260L model lacks memory, automatic reverse rollover and automatic anti-glare.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The door handle with the same color on the body is decorated with chrome, and the keyless entry function of the whole vehicle is standard except E260L models. Among them, the E300L fashion model in this redesigned model has increased the keyless entry function of the whole vehicle.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The whole system comes standard with 245/45 R18 front and rear wheels, and the wheels with five-spoke petal shape look very fashionable. The tires are matched with Han Tai Ventus Evo 20,000 Tushi series products, which are high-performance tires focusing on sports and handling.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The tail shape of the new car pays more attention to flattening, inheriting the flat conical taillights of the "Big Brother" S class, and the multi-point lighting effect looks radiant. The bottom still adopts double exhaust pipes on both sides, and the nozzle is decorated with quadrilateral chrome-plated frame and connected with chrome-plated strips, so the overall exquisiteness is still very high.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The layout of the car has not changed, and the digital cockpit is still composed of double 12.3-inch integrated screens. The bent center console is particularly beautiful under the decoration of the ambient light, and the connection with the door panel is also smooth. The design and luxury of the car are still very prominent. The car is equipped with the latest MBUX intelligent interactive system, and the playability is further improved.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The steering wheel has been replaced with a new family style, and the left and right double-spoke shapes have increased the three-dimensional effect, and the functional area division is also clearer. Among them, the left side is mainly the driver assistance system, and the right side mainly controls multimedia, etc. The center still uses touch mode, which feels good. The E300L Premium Model adds an enhanced version of driver assistance components including lane departure warning, lane keeping assistance, road traffic sign recognition and adaptive cruise. In addition, the size of the steering wheel is too large, the grip is particularly full, and the touch of the leather is also delicate.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The 12.3-inch full LCD instrument panel is standard for the whole system, and the UI interface basically continues the style of the old model (2020 model), providing three themes to choose from, and the information status of various vehicles can be seen at a glance.   

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The 12.3-inch central control panel is also standard for the whole system. Compared with the old model (2020 model), the car is equipped with Mercedes-Benz’s latest MBUX intelligent human-computer interaction system, which, like the new generation, can be controlled by touch screen, touch keys, touchpad and voice recognition. At the same time, it also supports fashionable functions such as navigation and OTA upgrade, and the human-computer interaction experience is greatly improved.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The air-conditioning outlet still adopts the classic four-circle shape, and the air-conditioning system, multimedia and vehicle function panels below are basically unchanged. The clock in the center of the old model (2020 model) is cancelled, and the functionality is no problem, and the style is less tasteful.   

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The central armrest is made of very textured solid wood, which looks quite luxurious. There are two water cups, a Type-C interface, a 12V power supply and a mobile phone storage compartment with wireless charging function under the foldable cover, which is unique. Although the 12.3-inch central control panel has achieved touch control, it still retains the control panel of COMMAND, which will be more convenient for the old users of Mercedes-Benz. The buttons on both sides include driving mode adjustment, parking radar, 360 panoramic image, automatic start and stop, volume adjustment, screen switch, sunshade opening and closing and other functional buttons.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The split armrest box has a large opening and a good volume, and two Type-C interfaces are built in.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

Mercedes-Benz has always been a benchmark for the construction of cockpit interiors, and this car is no exception. The center console is covered with a large area of soft leather, decorated with rich wooden decorative plates and chrome trim strips, and with the addition of penetrating atmosphere lights, the vision, touch and smell of the carriage are very pleasant, and the 13-speaker Burmester Berlin sound creates a first-class auditory experience. This cockpit can really make people stay for a long time without getting tired.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The front seats are wrapped in imitation leather (the top models are made of genuine leather), the padding is moderate in hardness, and the side supports of the seats are in place. The front and rear, backrest, height (4-way) and waist (4-way) electric adjustments are supported by the main and co-pilot seats, and leg rest adjustments are also provided, so the ergonomics is well done. The front seats also support the functions of heating, memory, and adjustment of the front and rear seats. Seat ventilation and rear seat heating need to be optional.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The rear seat is made of the same material as the front seat. The inclination angle of the cushion and backrest is large, and the backrest supports angle adjustment. In addition, there is plenty of space, so that the rear passengers can get a comfortable "Ge You Lie" sitting posture, but the middle cushion is short, the platform bulges obviously, and the comfort of the middle seat is not high. In terms of configuration, it is equipped with three independent telescopic headrests, and aviation headrests are also equipped on both sides. The size of the central folding armrest is very large, and even the headrests are folded down as a whole, which integrates more storage space.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The air outlet of floor-type air conditioner is adopted, and the shape is changed compared with the old model (2020 model), and the original open storage compartment is cancelled. The sliding cover below has a built-in water cup slot and two Type-C interfaces, which maintains the same convenience and aesthetics as the front row. In addition, the E300L distinguished model in this modified model has added independent air conditioning in the rear row.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

All models are equipped with segmented electric skylights, the first half of which can be opened and the area is considerable.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The side wall of the rear compartment has been tightly wrapped, showing good performance in depth and height. The volume has not been announced yet, but the visual volume is considerable, and the luggage for four people on a long trip should be able to accommodate it. There is also a storage compartment under the floor, but there is no spare tire. The car is also equipped with an electric tailgate and a button to close the door and lock the car. E300L fashion model adds the functions of electric trunk and induction trunk.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The change of power is the focus of this change. The core is to cancel the 1.5T+48V light hybrid power, and replace the E260L model with a 2.0T low-power engine +48V light hybrid system. The maximum power of the engine is 145kW(197Ps)/6100rpm, and the maximum torque is 320Nm/1650-4000rpm, matching the 9AT automatic manual transmission. E300L adopts a 2.0T high-power engine with the maximum power of 190kW(258Ps)/6100rpm and the maximum torque of 370Nm/1800-4000rpm, which is also matched with 9AT automatic manual transmission.  

Farewell to Disputed Displacement Configuration and Slight Increase of Mercedes-Benz 2021 Model E300L Real Shooting Brief Comment

The chassis layout has not changed. The front and rear are multi-link independent suspensions, and the front and rear drives are still the main ones. Among them, E260L is equipped with two full-time four-wheel drive models, and the central differential is a multi-plate clutch, all of which support variable steering ratio and suspension soft and hard adjustment. Only the top-equipped premium model E300L comes standard with a driver assistance system close to L2, which has lane keeping function. However, the adaptive cruise is not at full speed, and the rest E300L is optional, but E260L doesn’t even support it.  

Brother Kan’s comments:

On the whole, this generation is relatively, with elegant and atmospheric appearance and very attractive cockpit. However, it is indeed controversial because it is equipped with a 1.5T engine. It is not necessarily said that the power is not enough. After all, it is assisted by a 48V ISG motor, which mainly causes psychological pressure to users. Is it still a luxury medium and large car? This time, the purpose of the modified model is to let the small-displacement engine leave completely, and let the E-class return to its sense of grade. Of course, the entry price has also increased slightly, but it is not excessive. In addition, the E300L fashion model and the distinguished model have increased the configuration, and the price has also increased accordingly. Generally speaking, the new products hope to maintain the overall image and status of E-class, rather than relying on low prices and concessions to attract users.

E-class long wheelbase quotation:

Mercedes-Benz E260L sedan 439,900

Mercedes-Benz E260L four-wheel drive 461,900

Mercedes-Benz E300L sports fashion 479,900

Mercedes-Benz E300L limousine 498,900

Mercedes E300L limousine 562,900

Mercedes-Benz E350L four-wheel drive 642,800 

Mercedes E300 e L plug-in hybrid car 509,800

E-class standard wheelbase quotation:

Mercedes E260 442,800

Mercedes-Benz E260 4MATIC 463,800

Mercedes E300 499,800

E class coupe

E260 coupe 521,800 

E260 four-wheel drive 547,800 

E300 595,800

E350 4MATIC 689,800

E260 convertible 633,800 

E260 convertible coupe 4MATIC 653,800

E300 convertible coupe 707,800 

E43AMG 895,800

E53AMG 948,800

E53AMG coupe 978,800

E63 S 4AMTIC+ 1,560,800

4S shop |AMG4S shop

Beijing 4S store Mercedes sales center

Mercedes-Benz AMG authorized dealer.

> > Please consult the dealer for more details < <

Cyrus: The directors’ increase of 1,000 shares of the company during the window period violated relevant regulations.

On April 17, Cyrus announced that the company had been informed that Zhou Changling, the director of the company, had recently increased his holdings of the company’s shares by means of centralized bidding, which violated the relevant regulations that it was not allowed to buy or sell the company’s shares during the window period. After receiving the notice, the board of directors of the company immediately checked this matter. Mr. Zhou Changling bought 1,000 shares of the company on April 15th, 2024, and this increase was in the window of annual report, which violated the Rules for the Management of Shares of the Company Held by Directors, Supervisors and Senior Managers of Listed Companies and Their Changes.

In addition, Zhou Changling, the director, declared that there was no case of trading the company’s shares because of insider information, and there was no case of using insider information to seek benefits, and there was no subjective violation. I have deeply realized the seriousness of the above-mentioned illegal transactions, and I sincerely apologize to the company and investors for the adverse impact on the company and the market!

Tik Tok’s head online celebrity "Crazy Xiao Yang Ge" will also March into Tik Tok?

Original title: Tik Tok’s head online celebrity "Crazy Xiao Yang Ge" will also enter Tik Tok?

Recently, "Crazy Xiao Yang Ge" admitted that he would enter TikTok and "earn money from foreigners", which triggered a discussion craze among netizens about TikTok red man "leaving" Tiktok.

"Crazy Xiao Yang Ge" responded to the opening of Hangzhou Branch in the live broadcast:"We will change our name to Three Sheep Holding Group in July, and the three sheep in Hefei will be the global headquarters in the future, because there will be e-commerce behind TikTok. Entering Hangzhou is to integrate better resources and introduce products, brands, talents and other resources into their hometown of Anhui. "

The popularity of "Crazy Brother Xiao Yang" stems from a "self-teasing" video. A few tens of seconds of short video has brought more than 600,000 fans to "Crazy Brother Xiao Yang", and received the first brand advertisement since the short video started its business, earning 500 yuan.

At this point, "Crazy Xiao Yang Ge" seems to have mastered the traffic password, relying on"self-deception"The number of fans of "Crazy Xiao Yang Ge" in Tik Tok has soared. At present, "Crazy Xiao Yang Ge" has more than 99.99 million fans in Tik Tok. He revealed in the live broadcast that he can earn 100 million yuan just by bringing goods live for one month.

"Crazy Xiao Yang Ge" is not the first person who wants to enter TikTok. Before that, Luo Yonghao also revealed that he wanted to enter TikTok.In November last year, the live broadcast e-commerce organization founded by Luo Yonghao, the anchor of online celebrity, TikTok, made a friend to arrange overseas business, focusing on the live broadcast training of Tiktok.

Nowadays, TikTok’s global territory is accelerating its expansion. Not only do many cross-border sellers join Tik Tok to seek a new way out, but even many domestic reds smell the huge business opportunities behind Tik Tok and plan to start a journey to the sea.

Comparison between Tik Tok and Tik Tok in China;

1. Domestic Tik Tok market tends to be saturated.

2.Tik Tok e-commerce is a blue ocean with great development potential.

3. Successful experience of live delivery in Tik Tok.

With the recovery of international flights and logistics, many domestic sellers have long been eyeing Tik Tok, a pool of traffic depressions, ready to enter the Nuggets. Because TikTok is very similar to the domestic e-commerce model, but it is in the initial stage of development, Internet practitioners who missed the first wave of domestic short video marketing naturally do not want to miss this opportunity.

Not long ago,TikTok’s monthly active users in the United States exceeded 150 million.After TikTok’s cross-border live e-commerce went through the fanatical period last year, sellers no longer blindly followed.

For some sellers, it may be a new opportunity. Nowadays, the domestic live broadcast mode can run smoothly, obviously thanks to the huge manufacturing industry since this century, the whole e-commerce industry has developed at a high speed, regardless of logistics, supply chain, and even consumer acceptance, the industrial chain has been very perfect, and live broadcast has only played a role as a catalyst.

However, in overseas markets, especially in Europe and America, due to its developed retail industry, e-commerce has not squeezed the traditional retail industry too much, and the popularity and convenience of e-commerce platforms are not as good as those in China.

If you have a crush on this, but don’t know how to get in?Fiona Fang provides you with a one-stop service for cross-border e-commerce, which will enable you to quickly understand, get started, enter overseas, stay in Tik Tok, and open up new business territory.

Editor in charge:

French President Mark Long will change his mobile phone and mobile phone number affected by spyware.

  On the 22nd, a number of French media reported that French President Mark Long would replace one of his four mobile phones and change the number accordingly due to the "Pegasus" spyware incident.

  On 20th, French media reported that a mobile phone of French President Macron was invaded by "Pegasus" spyware. Afterwards, the Elysee Palace said that there is no conclusive evidence at present and it will investigate this.

  Recently, a spy software named "Pegasus" developed by an Israeli company has attracted wide attention. This software is used to secretly monitor the mobile phones of heads of state, members of the royal family, political and business dignitaries and some journalists, with as many as 50,000 monitored phone numbers. (Headquarters reporter Jiang Hua)

Chery’s new brand iCAR holds a brand night, and there is no upper limit for its investment.

On April 12th, iCAR brand, a new force of Chery Group, held a grand brand night in Beijing in 2024, which clarified the brand positioning of "cars for young people" and the latest vision of "building excellent cars for young people with young hearts". The brand-new product iCAR V23 was unveiled simultaneously, and the brand was upgraded with new designs, technologies and products. At the same time, iCAR brand also previewed X25, the first model of X series, further demonstrating the brand’s strategic planning for the future new energy era.

Yin Tongyue, Party Secretary and Chairman of Chery Holding Group, said at the event: "iCAR is a" new special zone "created by Chery Group. The Group will spare no effort to support the development of iCAR, with no upper limit on investment, and help iCAR enter the first camp of new energy." Yin Tongyue emphasized that the Group will gather the best resources and cutting-edge technologies for young users and iCAR brands to ensure the coolest and best cars.

At the press conference, Chery Automobile announced that it has reached a strategic cooperation with Contemporary Amperex Technology Co., Limited, a leading global enterprise in new energy batteries. The two sides will further strengthen cooperation in technology and capital to jointly help the growth of iCAR brand. Zeng Yuqun, Chairman and General Manager of Contemporary Amperex Technology Co., Limited, said that Contemporary Amperex Technology Co., Limited will provide strong innovative energy guarantee for iCAR brand, and the two sides will work hand in hand to make products excellent and reduce users’ burden, so as to make users affordable and use them well with full sincerity.

At the press conference, Dr. Su Jun, CEO of Zhimi Technology and chief product officer of iCAR brand, appeared. He will lead the entrepreneurial team hatched by Zhimi Technology to integrate into iCAR brand, and form the "strongest CP" together with Zhang Hongyu, deputy general manager of Chery Automobile Co., Ltd. and general manager of iCAR brand division. With rich experience in industrial design, product definition and innovative marketing, combined with Chery Automobile’s technical development, supply chain and quality management capabilities, it will inject new potential energy into iCAR and bring new experiences to young users.

Icarv23-Young People’s First Car

Under the background that the automobile industry has entered the era of "super product manager", Dr. Su Jun said that iCAR firmly believes in the value of users and the power of products. He will lead the team to build a cool and valuable car for young people with the concept of "single model, high quality, mass and long cycle".

As the first product of brand upgrading, iCAR V23 is positioned as "style off-road electric city SUV". Its exterior design is full of strength and fashion sense, and the off-road style square box shape pays tribute to the classics. The four-wheel four-corner design, ultra-short front and rear suspension and large wheelbase have brought strong visual impact. At the same time, it gives a huge space for the car, and upgrades the driving experience with super comfortable seats and "high-profile" vision.

In terms of intelligence, V23 also performed well. Thanks to L2+ intelligent driving and the application of 8155 mainstream chip car, users can easily master the road conditions and enjoy the pleasure of "on the road".

ICAR V23 accurately meets the core value needs of young users. With its high value, high taste, high texture, super practicality and reliability, it has become an ideal choice for "the first car for young people". As Su Jun promised at the press conference, the upgraded brand iCAR will continue to stride forward on the new energy track, and finally realize "let everyone enjoy the fun of exquisite technology", so that young people can, should and must drive the coolest and most fun car right now.

Brand-new product matrix-the first choice for young people

At the event site, iCAR previewed X25, the first model of X series.

X25, which is positioned in medium and large off-road MPV, is an innovative work of iCAR for the future new energy era. Its body design combines classic off-road elements with single-car design to show the sense of future science fiction. Relying on the technological advantages of the new energy platform, X25 has better maneuverability and stability, and the fully flat floor design can realize transparent interior space and flexible seat combination to meet various travel needs.

In the future, iCAR brand will continue to enlarge the core value of users based on the explicit needs of users, which is embodied in the joint efforts of its 0, V and X series to create a rich product matrix. Among them, 0 series focuses on exquisite technology and pursues equal rights in science and technology; V series features off-road style, emphasizing differentiation, high value and super practicality; X series is committed to becoming a "new species of single-compartment car". ICAR brand will continue to show its strength and innovation ability in different fields, meet the diversified needs of more young users, and accompany them to start a wonderful travel life together.

Spare no effort "powerful resources-the first" trust "of young people

A good product cannot be separated from a good system support. Chery, as a model of technological enterprise, has been insisting on self-research of technology since its inception, deeply ploughing into the field of automobile technology and constantly overcoming technical difficulties. Technology Chery will rely on the "Eta Ursae Majoris 2025" technology system, invest no less than 100 billion yuan in the next five years to build a 300+ Eta Ursae Majoris laboratory, and continuously develop various new technologies in the five core technology fields of Mars architecture, Kunpeng Power, Lion Intelligent Cabin, Great Wisdom Driving and Galaxy Ecology. Zhang Hongyu, deputy general manager of Chery Automobile Co., Ltd. and general manager of iCAR brand, said that Chery’s strong technical reserve is like a treasure chest, with everything.

ICAR brand relies on this treasure chest to accurately find out the suitable technology needed by young users. ICAR’s first product, iCAR 03, sold 5,487 vehicles in March and 2,113 vehicles in the first ten days of April, an increase of 81% from the previous month, and the sales trend was unstoppable.

At present, iCAR 03 has completed the first OTA upgrade, and the functions such as high-speed NOA and cross-floor memory parking have been fully "boarded", adopting a pure visual route, leading the technology and being close to the people, making it the first choice for this price segment. In addition, iCAR can continue to iteratively upgrade the electric four-wheel drive through technical means such as software upgrade and front and rear axle decoupling, making driving more flexible and interesting.

Backed by Chery’s strong technical strength, iCAR is full of confidence in the security field, providing users with all-round security protection. For the car body, it adopts multi-cavity, cage and steel-aluminum mixed structure, and the strength of B-pillar is as high as 1800Mpa. Combined with the embracing force transmission structure, it can cope with all kinds of collisions in all directions.

Battery safety is the most important thing. Chery has accumulated more than 30 test items in battery system safety standards, far exceeding the national standard and industry standards. It only uses battery cells from large factories, adopts sandwich structure, has strong impact resistance at the bottom, and combines with the early warning system of big data platform to identify risks in advance and ensure battery safety.

In the future, all the capabilities of Chery can be applied to other iCAR products, so that users can enjoy a more intelligent, safe and convenient travel experience. ICAR will also continue to rely on Chery’s strong technical support to continuously extract more "treasures" that meet the needs of young users and create a better travel experience for them.

Summary:

Facing the future, iCAR will empower products with Chery’s technical strength, open up the last mile with users with Internet thinking, continuously satisfy young people’s dreams and aspirations for affordable and cool use, and move forward with China new energy vehicles.

About iCAR brand:

ICAR is a brand of new energy under Chery, which is committed to creating cool and outstanding new energy vehicles for young people. Since its establishment, the brand has emphasized openness and innovation, integrated Internet thinking with the strength of Chery, and operated independently. ICAR 03 was launched as the first model in early 2024, and its market performance was strong. In the future, iCAR will lay out three series of 0, V and X, and plans to launch eight models before 2026 to expand the brand ecology and become a label brand of young lifestyle.

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Stand up for the last shift, and stick to the "epidemic" line near the retired old police.

  Don’t say that Sang Yu is late, for it is still full of clouds. In the face of the epidemic, there are such a group of old policemen in Pudong Public Security Bureau. Although they are all 59 years old and nearing retirement, they are not afraid of risks, volunteered and faithfully performed their duties. At the last moment of their careers, they still stuck to the "epidemic" line and stood on the last post, contributing their own strength to the tough battle against the epidemic in Shanghai.

  Chen Yongguan: Stand on the last shift.

  "Hello, please show me your pass and nucleic acid test report." On the morning of May 13th, Chen Yongguan, a community policeman of the Academy Police Station who will retire the next day, still set up a card on Lingang Avenue to check the passing vehicles and personnel, wearing strict protective clothing. After the strict inspection as required, he did not forget to remind the other party to pay attention to protection. If necessary, he would also send some dry food to the passing truck drivers on the spot.

  "Come on, I have some bread and biscuits to take with me on the way." Chen Yongguan always prepares some food in the car recently, so that he can lend a helping hand in time when he meets someone in need. This is because Chen Yongguan met a truck driver who came to Shanghai from other places for help when he set up a card inspection last time. The food on the other car was exhausted and he was unable to sustain it for a while. Fortunately, Chen Yongguan still left his own box lunch on the car, so he gave it to the other party together with bread, which helped him solve his urgent need and later helped him contact relevant departments to solve the problem of eating. Since then, Mr. Chen has developed the habit of preparing food in the car every time he goes out.

  Although Mr. Chen is going to retire soon, he has always been at the forefront of the war. Maintaining the order of nucleic acid detection points, setting up checkpoints and patrolling the streets, wherever there is a need, there is his figure. On the afternoon of May 13th, the institute prepared a simple retirement ceremony for Mr. Chen. Although a few people were present because of the epidemic, colleagues in the institute sent blessings through video connection. "I always wanted to retire and have a good rest before, but when I retired, I was more and more reluctant." He couldn’t bear to part with purplish blue, let alone his comrades-in-arms and residents like "family".

  Zhou Longxiang: It’s not time to have a rest.

  "All the secret personnel have got on the bus. Let’s go." With the order of Zhou Longxiang, a community policeman from Yishuiyuan Police Station, two transfer buses carrying secret personnel slowly drove out, and Zhou Longxiang drove the police car all the way to ensure that the transfer buses arrived at the isolation point safely.

  Zhou Longxiang, who retired more than two months ago, has always stuck to his post and fought in the front line of fighting the epidemic since the outbreak of the epidemic in Shanghai in March. He has been dealing with the masses for 30 years, and he has been recognized by the residents in his jurisdiction. During the epidemic, it was he who made the residents here feel at ease.

  After the transfer bus arrives at its destination, Zhou Longxiang, who has completed the escort mission, will still say hello to the residents on board. "We have arrived at our destination, but it may take some time to move in. Please be patient and so on. There will be time for everyone to rest in the next few days." Before leaving, a few words of ridicule suddenly relaxed the originally nervous residents. Someone who knew Zhou Longxiang joked, "Officer Zhou, why don’t you come in and have a rest together for a while?" "I’ll forget it. I haven’t had a rest yet. I have plenty of time when I retire." In a burst of laughter, Zhou Longxiang immediately drove to the next mission site.

  Ding Mingchu: Fighting continuously for more than 50 days.

  Ding Mingchu, a 59-year-old comprehensive policeman of Zhuqiao Police Station, has been fighting continuously for more than 50 days. Every day, from maintaining the order of nucleic acid detection points at the beginning, persuading residents to abide by "staying indoors" to setting up checkpoints and investigating "black riders" today, the only constant is Ding Mingchu and his comrades who have been sticking to their posts.

  "Officer, I have nowhere to go. What should I do now?" On a street duty, Ding Mingchu met the residents for help. The other party has been stranded outside because of seeing a doctor. When he returned from this rehabilitation, he found that his community was closed and managed. Because the nucleic acid test has not yet produced results, the other party could not go home for a while. If it weren’t for Ding Mingchu’s timely appearance, he would probably be sleeping on the street with nowhere to go.

  "I don’t know when this report will come out. I’d better help you find a place to live first." Ding Mingchu, who has 37 years of police experience, quickly judged the crux of the matter, and immediately contacted the relevant departments of the town after calming the other party. Finally, he was successfully placed in a temporary shelter, which solved the problems of temporary accommodation and eating. The next day, the negative report of the other party’s nucleic acid test was successfully released, and he also successfully returned to his long-lost home.

  Zhang Wenhu: Go retrograde and fight for the front line.

  Zhang Wenhu, a community policeman from Beicai Police Station, is about to retire in August this year, but when he knew that the police needed to be deployed to reinforce the front line, he immediately found the leader to take the initiative to fight. "I am a community policeman. I have been doing it for so many years. I am more familiar with how to communicate effectively with residents." In this way, he and 17 other policemen formed an anti-epidemic vanguard, dressed in dense protective clothing, and retrograde settled in nine administrative villages in Beicai area, fighting at the forefront of the war epidemic.

  For more than a month, Zhang Wenhu, like other young policemen, has been busy helping to carry out various epidemic prevention work, such as the transfer of positive cases, close contact personnel, the maintenance of nucleic acid and antigen testing order, staying at home, and the policy and legal publicity and notification of all inspections. Tired and sleepy, go back to the "camp" to take a nap, or sleep in the car, or live in a simple tent. Today, the epidemic situation has improved, but Zhang Wenhu dare not relax, still stick to his post and strictly implement various epidemic control work.

  Chen Yongguan, Zhou Longxiang, Ding Mingchu, Zhang Wenhu &hellip; &hellip; They are all members of the public security team in Pudong, and they are the epitome of more than a thousand retired old policemen in Shanghai. They don’t have earth-shattering and vigorous stories, but they stick to them day after day. A purplish blue, purplish blue life. They interpret the responsibility and responsibility of the police with their own sincerity and practical actions.

Xiaomi responded!

The following article comes from Red Star Capital Bureau, and the author is Qiang Yaxi.

Hongxing Capital Bureau.

Truth creates value.

The Red Star Capital Bureau reported on May 14th that there was a rumor recently that "Xiaomi Wuhan Headquarters announced that it would lay off 90% of its employees over the age of 35". In response, Wang Hua, general manager of the public relations department of Xiaomi Group (01810.HK), responded through Weibo, calling the information a rumor.

The Red Star Capital Bureau noticed that on social platforms such as Weibo, some netizens posted: "The second headquarters of a certain meter in Wuhan officially announced that 90% of employees over 35 years old will be laid off." This statement caused heated public opinion, and some netizens speculated that it was Xiaomi Group that was mentioned in the article.

The picture is from the Weibo platform.

Regarding the above rumors, at noon on May 14th, Wang Hua, general manager of Xiaomi Group’s public relations department, responded to the matter through Weibo. He said that last night, information about employees over the age of 35 in our Wuhan headquarters only kept 10% appeared on social media platforms, which were all rumors after investigation. Now the legal department of the company has obtained relevant information and reported it to the relevant departments.

The picture is from the Weibo platform.

According to public information, Xiaomi currently has two headquarters in Beijing and Wuhan, and its Wuhan headquarters is located in Optics Valley, with a total construction area of about 52,000 square meters and a total investment of 340 million yuan.

In November 2017, Xiaomi Group, Jinshan Software and Shunwei Capital announced that they would settle their second headquarters in Wuhan, which was officially opened in December 2019.

source map

According to Chutian Metropolis Daily, at the opening ceremony in December 2019, Liu Guojun, general manager of Xiaomi Wuhan Headquarters, said that Wuhan Headquarters will be the new home of employees of Xiaomi, Jinshan and Shunwei Capital engaged in core businesses such as AIoT, big data, cloud services, e-commerce, new retail, office software, overseas R&D and financial investment. Lei Jun, chairman of Xiaomi Group, said that in the next decade, he hopes to build Wuhan into a super-large R&D headquarters of Xiaomi and a technical highland in the era of artificial intelligence. His goal for Wuhan headquarters is to accommodate 10,000 employees in the future.

Previously, Xiaomi Group released the annual performance announcement for 2022. In 2022, the total revenue was 280 billion yuan, down 14.7% year-on-year, and the adjusted net profit was 8.5 billion yuan, down 61.4% year-on-year. Its smartphone business, which accounts for half of the company’s total revenue in 2022, was 167.2 billion yuan, down 19.9% year-on-year, accounting for 59.7% of the total revenue.

Chengdu Business Daily-Red Star Journalist Qiang Yaxi

Original title: "Xiaomi responds! 》

Read the original text

Can more than 20 animated films and summer movies highlight the encirclement of domestic animation?

  Beijing, July 16th (Yuan Xiuyue, Wang Xinyue), the client of Zhongxin. com, is different from last year’s summer file explosions, and the biggest winner of this year’s summer file will be animated movies. The reporter combed and found that this summer’s summer file gathered more than 20 animated films at home and abroad. At present, half of the top ten films at the box office are animated films.

  Then, under the encirclement of Spirited Away’s overseas animation such as The Lion King, Pet Secret 2 and Toy Story 4, can domestic animation stand out from the encirclement?

  The Lion King broke 400 million at the box office.

  The recent movie box office may explain the truth that there are still a few people who will pay for their feelings. Miyazaki Hayao’s Spirited Away was re-released in less than a month, with a box office of nearly 500 million. The live-action version of "The Lion King" was released for 5 days, and the box office exceeded 400 million. According to the forecast of Cat’s Eye Movie Professional Edition, the final box office of The Lion King may be nearly 1 billion.

  If Spirited Away’s box office is that the audience "makes up for the movie tickets that have been owed for many years", then The Lion King is a reconstruction of memories.

  The plot and music have not changed, but as Disney’s biggest emotional card, The Lion King has attracted many people to revisit it.

  Some people also commented that the short board of the live-action version just can’t be as unconstrained and imaginative as animation. It is also considered that the performance of fake animals is not rich enough, "facial paralysis." Some people make fun of it, and Zhao Zhongxiang’s dubbing is the "animal world".

  At present, the douban score of the live-action version of The Lion King is 7.5, which is much worse than the animated version of 9.0. However, it is not bad among several Disney animated films imported from China, second only to Fantasy Forest and Aladdin (7.8 points).

  After the Spring Festival in 2019, a Disney animated film will be released every other month. From Dumbo in March to Aladdin in May to The Lion King in July, there is the official Little Mermaid by Mulan. Disney’s plan to shoot a live-action version is in full swing, but at present, it seems that relying on IP is not easy.

  Two Hollywood classic IPS are both cold.

  Another recent American animated film, Pet Secret 2, is no better than its predecessor, with a box office of only 70 million yuan in the first week and only 130 million yuan at present.

  In 2016, this film, created by the original cast of Despicable Me, won 389 million box office in China, and also won the most profitable movie in Hollywood that year. It tells the story of pets fighting with each other when their owners are not at home.

  As a film that focuses on "selling cute", the narrative line of "Pet Secret 2" is more complicated, but it is not lacking in entertainment. Many people evaluate it as cute and interesting. However, some people think that the plot is young and old-fashioned, and it is not as good as the first one.

  It is not easy to "sell cute", and it is even harder to sell new ideas. When The Secret Life of Pets was released, some people once called it an animal version of Toy Story. This summer, the results of Toy Story 4 were not satisfactory.

  As a sequel, Toy Story 4 was produced with great care. It regrouped classic dubbing lineups such as Tom Hanks and tim allen, and 100,000 people scored 8.8 points in Douban. Some people commented that Toy Story 4 drew a satisfactory conclusion for this series.

  However, unlike the popularity of the North American market, the film earned only 199 million yuan at the domestic box office. Some people think that this is because the release schedule hit Spirited Away. Some experts also commented that the series of movies are easy to make the audience feel aesthetic fatigue.

  The two Hollywood classic IPS are both cold. It seems that it is no longer tried and tested to "lean on" IP and "hold" the box office.

  Nezha vs. Full-time Master

  In the summer of 2015, "The Return of the Great Sage of Journey to the West" emerged as a dark horse, relying on the word-of-mouth fermentation of "tap water" and made a box office of 956 million. Some people called it a phenomenal work of domestic animation in the past 10 years.

  More importantly, it broke the stereotype of domestic animation "being young". After that, some good works appeared in domestic animation, such as Big Fish Begonia, Great Protector, White Snake Origin and so on, but none of them can become phenomenal works.

  Recently, several domestic animation "Seed Players" will be released soon, including Ne Zha’s "The Peak Glory of Full-time Masters", "Future Machine City" and "The Battle of Luo Xiaohei".

  Similar to The Return of the Great Sage, Ne Zha also draws on the traditional stories of China. However, its adaptation is bolder. Nezha Jr. wears dark circles and has a perverse image.

  In the movie, Nezha is not a young hero, but "born as a demon", but has a heart to be a hero. Only by struggling with fate can you become a hero. Jiaozi, the director, once said that the theme of the film is "Breaking stereotypes and reversing fate". Recently, the film opened the first round of screening, almost full, and won a lot of praise.

  Its most direct competitor is The Peak Glory of Full-time Masters, which is adapted from Internet IP. The film tells the story of Ye Xiu, a professional e-sports player with a great god level, leading the team to overcome difficulties and reach the peak of glory.

  Although it is not as popular as Nezha’s "national IP", there are novels and cartoons ahead, and more than 160,000 people still mark them as "want to read".

  It is worth mentioning that there will be fresh faces in the summer file, such as Future Machine City, which was bought by Netflix for overseas distribution rights, and the big movie Luo Xiaohei, a high-scoring animated short film.

  Japanese national IP accompanies China animation market.

  In recent years, Japanese animated films have been in a state of accompanying running in China. Except for "Your Name" in Makoto Shinkai, which has a box office of 570 million, and nearly 500 million in Spirited Away, the rest are carnivals of a few people in China, which failed to continue its box office miracle in Japan.

  The Night of Destiny &mdash; &mdash; The Cup of Heaven II: Butterfly of Destiny was released for 5 days, with a box office of over 25 million and a douban score of 7.9. The film is based on the third story line in the Japanese adventure game Night of Destiny, which is called the top IP of ACG (animation) circle.

  However, some people have commented that this film is very unfriendly to ordinary audiences. If you don’t understand the world view and story line of this series, I’m afraid you won’t understand it.

  Another Japanese "God-class" IP "Game Life Zero" will soon be released in China. The film is adapted from the light novel of the same name written by Mimiya You. It tells the story that six thousand years ago, for the hope of human survival, Hubby, a girl from Kikai, joined hands with human leader Ke to launch the battle of "love". As early as two years ago, the film was released in Japan and performed well at the box office.

  In addition, cartoons for young children are still an indispensable part of the summer file, and "Sail 7: Crazy Machine City" and "GG Bond: The Incredible World" all arrive as scheduled. Last year, the movie "Sail 6" exceeded 100 million at the box office, and "GG Bond: The Incredible World" was recently released, with a box office of 30 million. (End)

Beijing Winter Olympics Regular Press Conference The audience share of this Winter Olympics reached a record high.

Cctv news(News Network): Today (February 16th), the main media center of Beijing Winter Olympics held the 12th regular press conference during the Games-time period, and answered questions from Chinese and foreign journalists on issues such as "broadcast and digital media data".

According to reports, the audience share of Beijing 2022 Winter Olympics has surpassed previous Winter Olympics. In addition to traditional media reports such as TV, online platforms have also carried out ultra-large-scale live broadcasts, and the live broadcast of digital media has reached a record high.

According to the press conference, the Beijing Winter Olympics will enter the second half, and then the Beijing Winter Paralympics will be ushered in. At present, the preparations for the Beijing Winter Olympics Organizing Committee are progressing steadily.

The 2022 Beijing Press Center also held a special press conference today to introduce the situation of the Science and Technology Winter Olympics.

How big is the gap between the video number and Tik Tok?

After the vibrato burst into flames, the importance of the video number of WeChat in the interior also soared, asking for money, giving money and resources to resources. But up to today, there is still a big gap between the two: it is estimated that the gap between the video number and Tik Tok is between 3.3 times and 6.6 times. The second half of Touteng War will still be very exciting, please move the small bench ~

There is no doubt that video number, as a rising star, has already become one of the top three short video tracks in China after several years of catching up.

However, it is difficult for the industry to give a comprehensive and accurate data on how far the video number has developed and how far it is from Tik Tok.

The direct reason behind this is that WeChat is only a business group of Tencent, a listed company, and the video number is only a sub-product of WeChat, so there is no obligation to publicly disclose detailed data in the financial report. In addition, unlike independent apps, video is only a function of WeChat, which also makes it more difficult for third-party data monitoring.

Similarly, as the leader of short video industry, Tik Tok is also a non-listed company at present, so it is difficult for us to see the whole picture of Tik Tok data.

However, this does not mean that the video number and Tik Tok are completely two data black boxes. We can still make reasonable guesses from the limited public data at present, and then draw some meaningful conclusions-

In the business world, absolute data is important, while at other times, relative data is just as important or even more important.

Let’s take a look at two important absolute data of the video number-according to Tencent’s financial report and conference call, the advertising revenue of the video number Q2 in 2023 is 3 billion, and at the same time, the current advertising adsload of the video number is less than 3%.

Let’s look at some data from Tik Tok-

According to The Information, ByteDance’s Q2 revenue in 2023 was $29 billion, of which 20% came from overseas.

I think this data is relatively credible. On the one hand, The Information has disclosed the revenue of Byte many times before, including the revenue of Byte China of $69 billion last year, etc. These data are basically recognized and quoted by the industry.

On the other hand, if the data gap is large or untrue, bytes will jump out to refute or clarify. (For example, regarding the data of e-commerce GMV in 2022, bytes have been specifically denied. )

OK, based on the above data, we can actually make some relatively reasonable calculations-

Byte Q2 earned $29 billion, 20% of which came from overseas, that is, 80% came from China, and the domestic income was $23.2 billion.

Note: This $23.2 billion does not mean that it is all advertising revenue from Tik Tok. Only Tik Tok, a single product, also involves live broadcast revenue and e-commerce fee income (different from e-commerce advertising revenue).

In addition, Byte also has the income from a series of other businesses, such as today’s headlines, car owners, watermelon videos, tomato novels, flying books, games, Volcano Engine and so on. (You know, in 2017, when Tik Tok was just born, today’s headline income was as high as 15 billion)

So what is the proportion of advertising revenue in Tik Tok’s total domestic revenue?

This is a mysterious data, but fortunately, we also have some reference objects. Let’s take a look at the income composition of Aauto Quicker, a short video track listed company.

According to Aauto Quicker’s Q2 financial report this year, in Aauto Quicker’s income structure, advertising revenue accounts for 52.5%, live broadcast revenue accounts for 34.7%, and other income (including e-commerce) accounts for 12.6%;

Of course, we can’t directly use the proportion data of Aauto Quicker, because there is still a big difference between Tik Tok and Aauto Quicker.

Compared with Aauto Quicker, which started with the realization of live broadcast, Byte has been engaged in advertising business since 2013, and has formed a set of extremely strong tactics in advertising algorithm, product, operation and sales, so the proportion of natural advertising revenue will be higher. After all, live broadcast and e-commerce are the businesses that come later. (Although the fast-growing e-commerce GMV has surpassed Aauto Quicker)

I take Aauto Quicker as an example to illustrate that the revenue of Bytes is not all from advertising in Tik Tok. Compared with the early advertising revenue in ByteDance, which accounted for more than 90%, the proportion of advertising has dropped significantly now.

Therefore, when we estimate the advertising revenue, we need to make a discount. Considering the advantages of Byte in advertising and the existence of other huge business lines, we roughly give this discount a 60% discount.

At this time, we can calculate the income of Tik Tok’s advertising business-29 billion * 80% * 60% = 13.9 billion US dollars, or 99.5 billion RMB.

The reason why we have to calculate the advertising revenue of Tik Tok is because we have to compare it horizontally with the advertising revenue of the video number in the same period-

The revenue of video number Q2 this year is 3 billion, and the estimated revenue of Tik Tok Q2 advertising this year is 99.5 billion, which is 33 times.

Does this mean that the gap between video number and Tik Tok in user data is 33 times?

Of course not. We also have to consider two factors: the advertisement loading rate Adsload and the advertisement unit price ECPM.

Obviously, there are many advertisements in Tik Tok, but there are few advertisements for video numbers. According to the data disclosed by Tencent at present, the adsload of video numbers is less than 3%.

So, what is the advertising Adsload in Tik Tok?

This is also a mysterious data.

But we can still reasonably guess—

James Mitchell, chief strategy officer of Tencent, said: the competitor’s adsload exceeds 10%, and this competitor naturally includes Tik Tok;

According to a research report of Huachuang Securities, Tik Tok’s Adsload in 2019 has exceeded 12%;

In addition, according to the daily sense of body, it is very common for Tik Tok to insert five videos into one advertisement, which does not include the content-heated advertising product of Dou+ without advertising logo, and it is already 20% for five videos to insert one advertisement.

In fact, the advertisement Adsload of a product itself is not static, and it will be dynamically adjusted according to many factors such as supply and demand, time nodes and so on.

Based on the above data and some three-party calculations in the industry, we take Tik Tok’s Adsload as 15%;

At this time, we can work out the difference of the service volume of the video number on the user side, that is, the volume relationship between them needs to be divided by the multiple of their Adsload on the basis of the revenue multiple, that is, the above 33 times need to be divided by 5, which equals 6.6 times, that is, the current broadcast volume of the video number has a greater probability of being 6.6 times that of Tik Tok.

Of course, strictly speaking, this caliber is not entirely the amount of play, which can be roughly understood as the number of times the video information stream is refreshed, that is, the space for inserting advertisements.

Compared with the fuzzy process indicators such as daily activity, duration and duration of a single video, the total broadcast volume directly calculated above is obviously more meaningful. After all, the process indicators ultimately serve the result indicators.

It must be noted that our calculation is still rough, because there is a hidden assumption-the advertising unit price ECPM of video number and Tik Tok is the same;

This assumption and premise itself also have enough room for discussion-

In essence, ECPM reflects the efficiency of advertising.

In fact, the competition between Byte’s huge engine and Tencent’s advertisement in the whole advertising market is an extremely wonderful comprehensive combat of China Internet.

In the past few years, the two have competed in technology, products, operation, market, sales and ecology, and the two sides have come back and forth in the constant game;

Objectively speaking, after a long-term struggle, Tencent’s technical level, professionalism and comprehensive strength have reached the level of the first echelon in the Internet advertising industry, not only at home but also at the international level.

Of course, the overall efficiency of Byte advertising system is one of the best at present because of its relative advantages in algorithm and crowd level objectively. Many advertising agencies told me that in most cases, the ECPM of effect advertising Tik Tok is indeed higher than other advertising platforms.

I heard an unconfirmed data in the industry is that the advertising ECPM in Tik Tok is twice as high as that in Aauto Quicker. (Again, this data is unconfirmed)

I have every reason to believe that Tencent’s advertising, which has been deeply rooted in efficiency for a long time, will not have a gap of twice as large as that of Tik Tok. If we take twice as the lower limit, the ECPM of the two will be equal and twice.

Then according to the above calculation, the most important conclusion of this paper comes-The difference between the video number and Tik Tok is estimated to be between 3.3 times and 6.6 times.

OK, so the question is coming-how about the video number?

In my opinion, this is undoubtedly an excellent performance.

You know, according to Tencent’s latest financial report, the number of Q3 video numbers has surged by 50% this year, while the total duration of Q2 video numbers has nearly doubled this year.

That is to say, the video number is still growing at a high speed, which means that the gap of 3.3-6.6 times will continue to narrow in the context of the objective slowdown of Tik Tok’s growth momentum.

As a late-developing product, as the only remaining fruit after Tencent’s various short video products held high and played high, and as the "hope of the whole village", the video number achieved this order of magnitude in less than four years under the difficult background that the industry generally believed that the pattern had been set, and abruptly completed the task of playing the short video table.

Zhang Xiaolong and his WeChat team once again proved their strong strength as a latecomer, and the depth of Tencent’s bench was also vividly displayed in this campaign.

Going to the table doesn’t mean you can sit back and relax. Sustainable growth is the eternal theme of this infinite game. How will the video number cope with the competition at the table?

I noticed that in the conference call of Tencent Q3, Tencent talked about the following four logics when explaining the future potential of video number-

  1. Growth of traffic:This means that the data on the user side is still growing. According to the financial report, the total duration of Q2 video number nearly doubled year-on-year, and the number of Q3 plays increased by 50% year-on-year.
  2. Promotion of advertising Adsload;This means that the current Adsload of video number is indeed lower than that of competitors;
  3. The increase of click-through rate of AI-blessed advertisements;This means that the big model is used in advertising algorithms. For example, Tencent’s mixed-element big model was originally built for advertising.
  4. Closed-loop opportunities:This refers to the internal circulation growth space including enterprise WeChat, applet, payment and e-commerce.

From a logical point of view, there is nothing wrong with these four angles, but what I want to say is that there is actually a big logic in the opposite direction behind these four small logics, that is, the overall scale of Internet advertising-

According to Questmobile’s data, the total scale of domestic Internet advertising market will increase by 4% in 2022, and only by 2.3% in Q1 2023.

In view of the current economic situation, the Internet advertising market has objectively bid farewell to high-speed growth, and will enter the new normal of micro-growth.

At the same time, the substitution effect of short video advertisements preempting other types of advertisements is also disappearing. According to Questmobile’s data, the market share of short video advertisements has stabilized in the past year.

Under this premise, the increase of user-side growth, Adsload, click-through rate and closed loop mentioned by Tencent will certainly increase advertising revenue, but the increase of total supply and the constant total demand mean that this increase ratio will be discounted.

Simply put, your advertising volume will increase by 50%, and your advertising revenue will inevitably not increase by 50%, which is an important supplementary factor that restricts the imagination of video number revenue.

Indeed, personal struggle is very important, but we must also take into account the historical process.

Therefore, for the video number, the internal circulation revenue it emphasizes becomes quite important. The strong rise of e-commerce in Tik Tok and the simultaneous surge of advertising revenue fully prove the strategic significance of internal circulation.

In essence, the core of doing closed-loop e-commerce lies in two points-

The first is that the complete data link based on transaction brings efficiency improvement, that is, its advertisement is more accurate, and it knows what characteristics those people who place orders have;

Second, the extension of the value chain, including performance, makes it possible for the platform to collect taxes, and merchants are willing to contribute fees to the closed loop.

Obviously, Tencent is also greedy for the business increment brought by the closed loop. A new formulation of this financial report is "Pan-internal circulation advertising revenue linking WeChat applets, video numbers, WeChat official account and corporate WeChat landing pages", which increased by 30% year-on-year.

However, this is a difficult challenge for the video number, which is genetic in a sense-

The WeChat team is famous for its elitism within Tencent, and its prominent feature is its high human efficiency. It has been committed to doing things with fewer and more efficient people. For example, the team members of WeChat Pay are much smaller than Alipay in scale.

One of the drawbacks of elitism and focusing on human efficiency is that the WeChat team has not done dirty work.

In the past, the typical style of play was that Zhang Xiaolong launched a small team, made hard efforts and thought clearly from the top-level architecture and product mechanism, and used the super base of social interaction to pry a business sector, such as WeChat payment, applet and video number.

However, the internal circulation like e-commerce is very heavy, its chain is very long, there are many aspects of performance, the cost is extremely high, and the information flow, logistics and capital flow are intertwined and complicated, so it is difficult to solve the battle only by relying on the top-level design at the product level or the strategic level.

In a word, the video number is doing dirty work such as e-commerce and local life, and the long-term product leverage of the WeChat team will be discounted.

To get rid of this hard bone, WeChat must really sink, take the initiative to do some hard work that it didn’t want to do before, and change the tactics of promoting business based on products and strategies that have always been advantageous in the past.

So, does WeChat have this level of consideration?

The answer is that there is no very clear signal yet.

Why do you say that?

Let’s cut in from a small perspective. As an industry observer, I have a small habit when studying Tencent, that is, I go to its recruitment website to see the latest recruitment positions of various business departments. The types and quantity of these positions reflect the work focus and tendency of the business group to a certain extent from a unique angle.

I have seen 51 non-technical posts related to business in the posts recently released by WeChat business group, among which 13 are related to video numbers, which are not too many. There are many posts such as "senior strategic product manager for live broadcast with video numbers" and "senior product manager for business operation of small shops with video numbers".

It can be seen that, at least from the perspective of recruitment, the video number team has no idea of focusing on the business for the time being, and still plans to continue to promote the business through its product strategy advantages.

However, my view is different from that of the industry. I think Zhang Xiaolong is by no means a product defender who sticks to some so-called obsession.

On the contrary, his figure is quite soft, facing the business reality and being thoroughly remoulded at the business level many times-

From Foxmail to QQ mailbox, it is a change from software thinking to internet thinking, from QQ mailbox to WeChat is a change from PC thinking to mobile genes, and from the minimalist rule in the early days of WeChat to the hug algorithm now is a change in product logic.

Any one of these changes is actually a "sudden change" level, but each turn is quite silky.

Therefore, in this sense, as long as it is really necessary in business judgment, it is not an unexpected thing for WeChat and video number to change their long-standing strategies and focus on business in the next short video amount competition.

At the same time, we should also see that WeChat has its own advantages objectively.

This advantage lies in the fact that it has a set of interwoven components established by WeChat official account, applet and enterprise WeChat, which has been imperceptibly embedded in various business links of many advertisers to some extent.

This kind of embedding has a moat effect, and the migration cost is very high. For example, an education company uses enterprise WeChat as its private domain, so the link in WeChat must be the smoothest in the advertising process, which has become an important advantage of video number advertising.

In the future, VideoNo. and Tik Tok will definitely meet each other in heavier businesses such as e-commerce and local life, and the victory or defeat of the battle depends on their traffic utilization efficiency.

Tik Tok has always been data-rational, and the distribution of traffic depends on the cold ROI. Behind the inclination of traffic to e-commerce, the profit-making efficiency of e-commerce is indeed high. Tik Tok has also poured a lot of traffic into games and hardware Pico, but it turns out that the ROI of the latter two is not ideal, so it is cut off cleanly.

The traffic of the video number is the same logic. Today, the landing page is a relatively large proportion of enterprise WeChat and small programs, and if the ROI of e-commerce and local life continues to improve, it will inevitably get a traffic share that matches its efficiency.

The distribution and center of gravity of video number in the future will determine its commercial competitiveness, and it will also be an important point of competition between video number and Tik Tok in the future.

At this time today, the competition in the short video market has already entered the deep water area, and the competition on the track has become an incomparably real mixed fighting, which is worse than physique, skill, endurance and logistics, and at the same time, it has fewer mistakes than anyone.

In the short video business, the user’s migration cost is actually not as big as expected. In the end, it is based on the long-term retention and realization of content ecology and user habits.

In this sense, how far the video number can go on the short video track, what kind of ceiling it can reach, and how to differentiate itself from Tik Tok and Aauto Quicker are still the most anticipated challenges for China Internet in the next few years.

Under the background that the Internet in China has changed hands, the second half of Touteng War will still be extremely exciting. Please move the small bench ~