Gree Electric’s net profit for the whole year may hit a new high. Gree Electric responded to the proposed increase in Gree Titanium.

Everyday Financial News, at 1 am on the 21st, Gree Electric suddenly disclosed the 2023 annual performance forecast. This operation was interpreted by the outside world as a self-help measure to increase the holding of Gree Titanium, and the market value evaporated by over 10 billion yuan a day.

In 2023, Gree Electric is expected to achieve a total operating income of 205 billion to 210 billion yuan, compared with 190.151 billion yuan in the same period last year; The net profit attributable to shareholders of listed companies was 27 billion to 29.3 billion yuan, an increase of 10.2% to 19.6% over the same period of last year; The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 26.1 billion yuan to 27.8 billion yuan, an increase of 8.8% to 15.9% over the same period of last year.

This performance forecast exceeded market expectations. It is generally expected that the total operating income of Gree Electric is 204 billion yuan, and the net profit attributable to shareholders of listed companies is 27.085 billion yuan.

Regarding the main reasons for the performance change, Gree Electric said that the company focused on the main air-conditioning business, adhered to the consumer demand-oriented, enriched product categories and actively expanded sales channels; At the same time, we will continue to carry out industrial transformation, continue to exert our strength in diversified fields such as high-end equipment, industrial products and green energy, create more leading technologies, and provide growth momentum for performance. Gree Electric said that "the performance growth is steady and strong, and the annual revenue and net profit may hit a record high."

It is worth noting that Gree Electric rarely publishes the annual performance forecast, and the last time it published the 2018 annual performance forecast was on January 17, 2019.

So what is this late-night announcement?

On December 20th, Gree Electric’s share price suffered a rare plunge, and its single-day market value evaporated by 13.2 billion yuan.

On the evening of 19th, Gree Electric announced that it was prepared to spend 1.015 billion yuan to increase its holding subsidiary Gree Titanium by about 270 million shares by accepting the shares held by existing shareholders. Recently, it has signed a share transfer agreement with 12 shareholders.

Moreover, in the next 12 months, we will continue to increase our holdings of Gree Titanium by no more than 304 million shares. If the holding plan goes smoothly in the future, Gree Electric and Dong Mingzhu will jointly hold 100% equity of Gree Titanium. Judging from the transfer price, Gree Titanium has a valuation of about 4.1 billion yuan, which is nearly 70% lower than the 13 billion valuation at the peak in 2016.

Full of fruitful results, go to the new road "New Finance, New Business, New Elite" Shanghai University of Finance and Economics MBA30 30th anniversary project conference was successfully held!

  On April 18th, 2021, the launch conference of "New Finance, New Business and New Elite" was held in the International Conference Center of National University Science Park of Shanghai University of Finance and Economics. This conference will be presented online and offline simultaneously. Professor Wei Hang, Executive Vice President of Business School of Shanghai University of Finance and Economics, Director of MBA Center, Professor Chen Zhijun, Academic Director of MBA Center of Business School of Shanghai University of Finance and Economics, and Director of Human Resources Department, and Mr. Xu Lei, Managing Director of Morgan Stanley (China) Equity Investment Management Co., Ltd. attended the conference and delivered keynote speeches, leading teachers, students, alumni and participants of educational institutions to gain insight into new finance, new business subjects and new elites, and to interpret the MBA enrollment policy in 2022 in detail. In addition, the "Shanghai University of Finance and Economics MBA Program 30th Anniversary Promo" was also launched at the press conference.

  New Finance and Economics, New Business

  In recent years, the changes in the global finance and financial field have brought far-reaching influence and broad prospects to China’s economy, and at the same time, it has also given birth to business education to actively respond to the new mission of the times. In the keynote speech of "New Finance and New Business", Professor Wei Hang, executive vice president of Shanghai University of Finance and Economics Business School and director of MBA Center, said that at present, Shangcai Business School and Shangcai MBA are focusing on the "new business" based on the future, carrying out brand-new and beneficial exploration and practice.

  Dean Wei believes that "anti-globalization", "China factor" and "technology-driven" are becoming three prominent features under the background of global "new finance". Under this background, the development of business research and business education will be carried out from three dimensions: new theory, new model and new practice. Under the change of new technical means and scenes, the reform of business teaching mode is imminent. Shangcai Business School is actively exploring related fields. By building a scene-based laboratory, VR, big data and other technologies are used to realize the practice and scene-based business teaching, helping students to learn and practice in the simulation close to the real business environment. At the same time, the college is also building a laboratory and research institute of Mathematical Intelligence College, expecting to better serve the career development and growth of MBA students and contribute more financial strength to the national economic construction and development.

  The New Elite: Business Ideal, Sailing and Sailing.

  

  The current era is an era in which digital intelligence changes the business pattern, and digital intelligence has also become an important standard to measure the competitiveness of the workplace. Professor Chen Zhijun believes that the elites in the workplace need to continue to learn deeply and reshape their values with others as the center to improve their intelligence in all directions.

  In Shangcai MBA, when the students’ "career pyramid" meets the "academic ivory tower" of business education, Shangcai MBA helps students become explorers of business frontiers, producers of business insights and inheritors of business civilization through a set of "1234" classes (learning knowledge in the first class, doing practice in the second class, expanding network resources in the third class and realizing self-value in the fourth class) and a perfect training system. Professor Chen Zhijun pointed out that every crisis provides us with a rare opportunity for stress testing and investment recovery, and ultimately it is the values that determine how we will respond and deal with ourselves. Finally, he used an old saying, "If you travel far, you will feel inferior if you climb high", and encouraged everyone to dream and sail far and wide through the study of MBA in Shangcai.

  2022 MBA Admissions Policy Released

  The last link of the conference was the release of the 2022 enrollment policy brought by Feng Da, the brand director of the MBA Center of Shanghai University of Finance and Economics. Starting with the eight questions that candidates are most concerned about, Mr. Feng introduced in detail the MBA program and enrollment policy in 2022. Among them, the enrollment scale and tuition fees of the project remain unchanged, and the freshman scholarship has maintained the same strength as the admission in 2021 in terms of outstanding talent scholarships, full and half scholarships. In addition, by accurately depicting the portraits of full-time global classes, comprehensive elite classes, financial investment classes and EMBA students, Mr. Feng introduced in detail the inspection requirements of the four classes for applicants, and made a comprehensive interpretation of the "W+D" pre-interview policy. After the announcement of the enrollment policy, Mr. Feng gave detailed answers to the high-frequency and common questions raised by the candidates, and encouraged the candidates to constantly break through themselves through the preparation for the exam and the study trip. I hope that every dream catcher can get a brand-new motivation to climb the career and life peak in the Shangcai MBA.

  Thirty years of hardships and hardships, thirty years of youth. The MBA of Shanghai University of Finance and Economics has embarked on an elegant road with the characteristics of business education, from the early crow of young eagles to inclusiveness, and then to accumulation. In the future, the MBA of Shanghai University of Finance and Economics will also meet the needs of the times and lead the times, and continue to provide wisdom and strength for the country’s economic development. At the same time, the project also looks forward to working hand in hand with business elites with lofty pursuits, opening the next exciting period in the workplace and life, and adding more possibilities for the realization of self-worth.

  More exciting highlights of the conference:

Know the way of Chinese luxury. How does GAC Chuanqi’s new GA8 show its flagship charm?

Today, for many friends, driving a luxury car is definitely a matter of face. With the increasing variety of luxury cars, it is not easy to choose a luxury car with both luxury and connotation. For a long time, China consumers’ luxury values lie in design aesthetics, cutting-edge scientific and technological equipment, comfort configuration, high-performance power and price. GAC Chuanqi’s brand-new GA8 knows well the preferences of Chinese people, and by virtue of its strong product strength, it has renamed its own brand luxury flagship car.

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 1

When it comes to luxury cars, some people may stay at the brand level. However, in today’s growing and growing national brand car companies, there are many popular stars in their products, and there are also unique features in the definition of luxury flagship. As the latest flagship masterpiece of Guangzhou Automobile Chuanqi, the new GA8 embodies the ingenuity and wisdom of Guangzhou Automobile Chuanqi in the past 12 years, and shows extraordinary strength in styling design, riding experience and intelligent technology. It not only integrates the fine traditions of the old models, but also shows the calm, firm and confident flagship image of China.

In the field of Chinese luxury, it is absolutely indispensable to highlight the national style of China, especially in the aspect of modeling design, which occupies a dominant position. When you look at the Forbidden City in Beijing, the Temple of Heaven, the Bell Tower in Xi ‘an and other ancient buildings, and feel its grand scale, majestic momentum and exquisite structure, you are all shocked by its ancient extreme luxury style.

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 2

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 3

In the new GA8′ s "Hua Feng Ling Ran" design concept, we see the characteristics of the new car as the top position in the family, as well as the interpretation of Chinese luxury. The front face of the new car adopts five chrome-plated "Lingyunyi 3.0" grilles, which are embedded in a larger octagonal net like a platoon. With the combination headlights of "Double Ling Blade" and the huge logo that highlights the brand characteristics, it inherits the Chinese cultural heritage and aesthetic concept, and at the same time shapes the image of a young king who is brave and majestic.

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 4

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 5

In addition to the modeling of the front face, the modeling of the whole vehicle is more fashionable by combining China traditional culture with the current trend by using more modern scientific and technological methods. The body proportion posture of the new GA8 has been carefully adjusted, which makes the proportion of the whole vehicle more unified and coordinated, and the large-scale cutting of the tail shows the sense of volume and strength. With the double-edged LED taillights echoing the front face, the horizontal visual tension is further strengthened, showing the powerful and heroic back of the sky. The whole vehicle creates a brave and confident posture, and its strength confirms its status as a flagship model.

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 6

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 7

China people like "big" for a long time, and it can even be called the totem of China culture. The new GA8 is particularly attentive to meet the needs of users in China, with the length, width and height of 5003/1868/1505(mm) and the wheelbase of 2900mm, which is a proper performance of C-class cars. Thanks to the extension of the headlights and taillights, the whole vehicle creates a low-lying sense of sight. Through smooth roof lines and comprehensive under-car fender layout, the wind resistance coefficient of the new Chuanqi GA8 is only 0.28Cd, which creates the neat temperament of Weifeng Blade Shadow.

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 8

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 9

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 10

The brand-new GA8 not only has a stunning appearance, but when you open the car door, a Chinese luxury is coming. Its overall interior pattern of "flowing clouds and overlapping water", double 12.3-inch technology large screen of "Liuquan" and floating central console of "waterfall" create rich visual levels, further broadening the open and comfortable space experience inside the cockpit. The wooden decorative strips on the center console have clear and natural texture, and feel warm and soft. The chrome-plated buttons are also quite exquisite in workmanship, and the moderate damping can make people feel the ubiquitous quality in the details.

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 11

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 12

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 13

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 14

Sitting in the cockpit of the brand-new GA8 is like being in the mobile first class in personal tailor. Ergonomic seat design comfort is comparable to international standards, the front seat is very comfortable to sit on, the filler is very soft, the leather feels very delicate, and the wings on both sides can effectively support the body; The rear seats are very generous in size and equipped with foldable aviation headrest on both sides, which is very suitable for long-distance rides. The new GA8 knows the Chinese hospitality, and creates a first-class ride experience by providing the rear passengers with a 27 backrest with the best comfort angle, 1008mm extra legroom and the co-driver’s seat BOSS button. With Infinity Hi-Fi class 13-speaker audio, it is like being in the golden hall of Vienna for drivers and passengers to sit in the brand-new GA8.

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 15

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 16

The new GA8 not only perfectly interprets the luxury flagship in hardware, but also takes the lead in the intelligent interconnection of software. It is equipped with the latest ADiGO intelligent technology of GAC, which not only provides users with regular online navigation, intelligent voice, QQ music and radio information, but also deeply integrates other functional nodes in the car with the user identity, and brings its own car WeChat, which can accurately identify voice commands, greatly improving the user experience. Such a high-tech and humanized design not only shows the sense of luxury and technology that the new GA8 flagship model should have, but also brings users a pleasant and comfortable driving experience.

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 17

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 18

Of course, in addition to elegant enjoyment, the ultimate luxury also needs to protect the life safety of every inch of space in the car for users. The new GA8 has L2 intelligent systems, such as APA automatic parking, A adaptive cruise, TJA traffic jam assistance, ICA integrated cruise and HMA intelligent high beam, which can reduce the burden on drivers. The systems including LDW lane departure warning, DOW door opening warning, FCW front collision warning, AEB automatic braking assistance, LCA parallel line assistance, BSD omni-directional blind spot monitoring, LKA lane keeping assistance, RCTA rear crossing warning, AEB-P pedestrian identification and protection have greatly improved the safety of passengers.

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 19

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 20

All along, GAC Chuanqi has spared no effort in the pursuit of core technical components such as transmission and engine. The new GA8 is equipped with Chuanqi’s third-generation 2.0T engine, which integrates many technologies, including low inertia E-Turbo turbocharging technology, GCCS combustion control technology, DCVVT dual continuous variable valve timing technology, etc. The maximum power can reach 252 HP, and the maximum torque can reach 390N·m, which is comparable to BBA’s high power 2.0t. Moreover, the turbine intervention of this engine is early, at 1750 rpm. Matching it is Aisin’s third-generation 6AT gearbox, which can make better and more reasonable use of fuel when starting or idling, and at the same time play the role of suppressing vibration and reducing noise.

Know the way of Chinese luxury. How does GAC Chuanqi's new GA8 show its flagship charm-Figure 21

In addition, the new GA8 adopts the front aluminum alloy double wishbone+rear multi-link independent suspension structure unique to luxury cars. Compared with the traditional "McPherson" front suspension, the double wishbone structure can make the wheels move on a relatively vertical horizontal line, unlike McPherson’s circular motion around a center, so the double wishbone can bring better control effect. In addition, the chassis is created by the combination of Marco Master and Mercedes-Benz adjustment team’s chassis adjustment ace, which makes the new GA8 have a good balance between comfort and handling.

Full text summary:

For a C-class car, its mission is not only a mobile tool for daily travel, but also a symbol of the owner’s identity and taste. The new GA8 not only changes the overall design and configuration level, but also highlights the unique modern texture in the expression form of Chinese luxury. Facing the younger consumer market and dealing with the lower price, luxury brand models represent the brand-new GA8 with the highest car-making level of Chuanqi brand in terms of design, quality and technology, and undoubtedly become the leader of the same level to cater to the trend and highlight the flagship. I believe that with its unique oriental luxury charm, the brand-new GA8 will be loved by Chinese people.

After the wind, the waves push the front, the Porsche Taycan highlights analysis

  [Aika Auto, New Energy Channel, Original]

  When it comes to electric vehicles, the first thing people think of is Tesla. This new generation of car company has quickly become a star in the automotive industry in more than a decade, and its stock market value has now exceeded that of Volkswagen and GM combined. Tesla has Model S, Wu has Model X, and the actively sinking Model 3 has made traditional car companies feel huge pressure, and it is quite unique. There are so many old rivers and lakes, is it true that no one can cure this menacing backlash? Porsche was the first to refuse.

保时捷Taycan技术解析

  The Taycan is Porsche’s answer. It’s been a while since the launch of the Mission E concept car and the launch of the Taycan, and the novelty of this Porsche electric car is gradually fading. But recently, the Taycan has finally come to Chinese consumers, giving us the opportunity to get up close and personal with it, and thus form a more intuitive understanding of the technical details.

  800V电气系统是核心

  保时捷Taycan采用纯电正向研发的思路打造,产品立项可以追溯到2011年。追求极致的保时捷工程师并没有选择奥迪e-tron那样的“油改电”模式,而是为Taycan开发了J1纯电专属平台,该平台未来还将应用于奥迪e-tron GT。此外,J1平台的宝贵研发经验将助力于打造更具兼容性的PPE平台,为保时捷电动车的后续发展奠定了基础。

保时捷Taycan技术解析

保时捷Taycan技术解析

  保时捷为何大费周章将系统电压提升至800V?我们可以从高压输电原理中获得启示。在输电功率恒定的情况下,电压越高,电流越小,输电过程中因电流热效应造成的电能损耗就越小。Taycan的800V架构从根本上提升了三电系统的热管理水平,这对一台高性能电动车至关重要。同时,800V电压显著提升了充电效率,理想状态下充电功率可达270kW,这意味着仅需5分钟便可充入等效于WLTP 100km续航的电能。当然,充电功率还会受到充电基础设施的约束,为此保时捷将在2021年底前在国内建设超400根Turbo充电桩(800V、200kW)和超级充电桩(400V、120kW)。

保时捷Taycan技术解析

保时捷Taycan技术解析

  性能强悍而持久

  保时捷Taycan的在售车型包括4S、Turbo和Turbo S,均搭载前后双永磁同步电机,并以此实现了电动四驱。上述三款车型的0-100km/h加速时间分别为4.0s、3.2s和2.8s,对标全新911(992系列)的意味很强。对于电动车来说,实现不同量级的性能表现并不是什么难事,而在极限驾驶工况下打造稳定的性能才是最大的考验。

保时捷Taycan技术解析

保时捷Taycan技术解析

保时捷Taycan技术解析

保时捷Taycan技术解析

保时捷Taycan技术解析

From the equity price 216,900, the new Zhiji LS6 is officially listed

  [Autohome new car launch] On September 26, the medium and large SUV under the Zhiji brand –The new smart LS6 officially ushered in the listing, the new car launched a total of 5 configuration models, the equity price range is 21.69-27 9,900 yuan,Price range 23.99-30 2,900 yuanAlthough it is a small facelift, its overall changes are very eye-catching. It is mainly replaced with the digital chassis of the Spirit Lizard, and has been upgraded in terms of appearance and smart driving. The listing rights and interests end at 24:00 on October 8, 2024. For the detailed price and rights of the new car, please see the picture below:

Autohome

The price of the new Zhiji LS6 Model Equity price (10,000 yuan) Selling price (10,000 yuan) Spirit Lizard Smart Driving Edition 21.69 23.99 Long endurance spirit lizard smart driving version 23.99 26.29 Long battery life spirit lizard smart version 25.49 27.79 Super long battery life spirit lizard smart driving version 25.49 27.79 Super Performance Spirit Lizard Smart Edition 27.99 30.29
New Zhiji LS6 configuration layer Spirit Lizard Smart Driving Edition Long endurance spirit lizard smart driving version Long battery life spirit lizard smart version Super long battery life spirit lizard smart driving version Super Performance Spirit Lizard Smart Edition

Spirit Lizard Digital Chassis

Intelligent four-wheel steering system

NVIDIA DRIVE Orin 254TOPS chip

Ultra long range high precision lidar

Smart cockpit based on the fourth-generation Snapdragon SA8295P platform

Spirit Lizard Digital Chassis

Intelligent four-wheel steering system

NVIDIA DRIVE Orin 254TOPS chip

Ultra long range high precision lidar

Smart cockpit based on the fourth-generation Snapdragon SA8295P platform

Spirit Lizard Digital Chassis

Intelligent four-wheel steering system

NVIDIA DRIVE Orin 254TOPS chip

Ultra long range high precision lidar

Smart cockpit based on the fourth-generation Snapdragon SA8295P platform

Millisecond-level electric control for all road conditions

State damping adjustment system

Full Scene Smart Air Suspension

Co-pilot 15.5 inch smart alone

Live entertainment screen

Spirit Lizard Digital Chassis

Intelligent four-wheel steering system

NVIDIA DRIVE Orin 254TOPS chip

Ultra long range high precision lidar

Smart cockpit based on the fourth-generation Snapdragon SA8295P platform

Spirit Lizard Digital Chassis

Intelligent four-wheel steering system

NVIDIA DRIVE Orin 254TOPS chip

Ultra long range high precision lidar

Smart cockpit based on the fourth-generation Snapdragon SA8295P platform

Millisecond-level electric control dynamic damping adjustment system for all road conditions

Full Scene Smart Air Suspension

Co-pilot 15.5-inch smart independent entertainment screen

294 horsepower rear drive

Battery life 625km

337 horsepower rear drive

Battery life 701km

337 horsepower rear drive

Battery life 701km

408 horsepower rear drive

Battery life 802km

787 horsepower four-wheel drive

Battery life 750km

Autohome

Autohome

◆ New car features
The front face shape has been adjusted, and the wheelbase has been increased by 10mm.

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

Autohome

  As a modified model, the car has been adjusted for details. The headlight style and fog lights on both sides are more minimalist. The front surround has also been redesigned. The area of the front intake grille under the front face has been reduced, further reducing the visual center. The rest is basically the same as the current model. Specifically, the car adopts a closed front grille, and a long air inlet is below, which is matched with the raised ribs of the front hatch to create a good sense of movement. The new car is equipped with a Falcon smart lighting system, which has functions such as intersection fill light, ghost probe cross warning, parking scene auxiliary lighting, steering follow-up fill light, and intelligent brightness switching.

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

   Coming to the side, the most intuitive feeling is that this shape is closer to the feeling of a coupe SUV, and the tail is appropriately elongated, making it look very fashionable and lively. The rim style adopts a double five-spoke shape, and is painted matt black. With orange-red brake calipers, the effect is very dynamic and matches the body style very well.

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

  The rear of the (|) is still very interesting. The obviously upturned "rear wing" part is a feature that many sports models will use. At the same time, the car is also equipped with a through taillight group, and the lines after lighting are also very delicate. In terms of size, the length, width and height of the new car are 4910/1988/1669mm respectively, and the wheelbase is 2960mm. Compared with the current model, the length has increased by 6mm and the wheelbase has increased by 10mm.

Replace the "Spirit Lizard" digital chassis and upgrade the Qualcomm Snapdragon 8295 car chip

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

  Inside the car, the new car’s center console continues to be built with a family-style design language, and the entire center control is almost occupied by the screen, creating a technological atmosphere. Specifically, the new car is equipped with a 26.3-inch Dalian screen + 10.5-inch touch screen, and retains a half-spoke steering wheel with a sense of technology.

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

  It is worth mentioning that the new Zhiji LS6 is equipped with a Qualcomm Snapdragon 8295 car chip (24G + 256G memory), and adds CarLink and HiCar mobile phone connectivity. The new car will offer 21 speakers, including an additional external speaker that can play theme music and pedestrian warnings.

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

  In terms of seats, the passenger seat has been upgraded to 121 ° adjustment, and the rear seat back angle has also been upgraded to 19 ° -37 ° ten-gear adjustment. In addition, the new car is also equipped with heating and cooling boxes, 50W air-cooled wireless fast charging, four-door double-side glass and RNC active noise reduction, etc., which will improve the overall comfort experience.

Autohome

  The new LS6 is equipped with a 121 ° zero-gravity seat for the co-pilot and has a "chaise longue mode", which can enter the zero-gravity attitude with one click. The new car can recline the rear seats, open the trunk, and turn on the "queen room mode". The new car is equipped with IM MAG magnetic expansion dock 2.0, and the whole car has nearly 30 expandable storage spaces. The new car is equipped with IM Link, which can individually control the vehicle air conditioning, seats, navigation, multimedia, and WANOS 7.1.4 audio.

Autohome

  The new Zhiji LS6 is equipped with IM AD 3.0, which has an end-to-end large model. IM AD city NOA has a national urban coverage rate of 100%, and it can be opened with navigation. The new LS6 is equipped with NVIDIA OrinX chip + lidar, and all systems have NOA capability in map-free cities. Delivery will be available nationwide. IM AD parking has been upgraded, and automatic parking assistance supports more than 300 + parking scenarios: short-distance parking, multi-angle parking, narrow channel parking, etc. In addition, the new car is equipped with one-click AI driving, which can realize one-click welt, get out of trouble, and track.

Autohome

Autohome

  Compared with the current model, the biggest upgrade of the new car is the "Spirit Lizard" digital chassis, which supports OTA, which consists of air suspension, electronically controlled shock absorption system and high-performance braking system. With the blessing of four-wheel steering, the new Zhiji LS6 can achieve "crab row mode" and greatly reduce the turning radius. The new car has a gimbal body, comfortable braking, and ramp braking "does not nod". Active anti-rollover function, reducing the risk of rollover by 33%. Body stability control, reducing deviation by about 80%, and also has single-wheel escape ability.

Autohome

Autohome

Autohome

  In the power part, the new car provides 216kW, 248kW, 250kW and 300kW rear-drive versions and 579kW four-wheel drive versions respectively, with a 0-100km/h acceleration of 3.48 seconds at the fastest. The battery capacity is 75kWh, 83kWh and 100kWh respectively, and the CLTC cruising range is 625, 701, 750 (four-wheel drive) and 802km respectively. The new car still supports quasi-900V fast charging, which can make up 579km in 15 minutes. At the same time, its four-wheel drive version accelerates 0-100km/h in only 3.48 seconds.

◆ Competitive models

Extreme Krypton, Extreme Krypton 7X 2025 75kWh Rear Drive Smart Driving Edition

NIO L60 2024 60kWh 4WD Edition

Tesla China Model Y 2024 Performance Edition

Size comparison Model Length (mm) Width (mm) Height (mm) Wheelbase (mm) The new Wisdom LS6 4910 1988 1669 2960 Tesla Model Y 4750 1921 1624 2890 Extreme Krypton 7X 4825 1930 1666 (1656) 2925 LODO L60 4828 1930 1616 2950 Avita 07 4825 1980 1610 2940

  Although the Zhiji LS6 is positioned as a medium and large SUV, it has locked its competitors in the Tesla Model Y, Avita 07, JK 7X, and Ledao L60 in the mid-sized SUV market through a "high and low" pricing strategy. Among them, Avita 07 provides pure electric and range extension power for users to choose from, while Ledao L60 is a new brand and new model, but relying on the NIO power exchange network, it also has strong attractiveness, which is a big pressure for Zhiji LS6 to face. Of course, compared with these competitors, Zhiji LS6 has a bright model size and a high-tech interior configuration, which can also bring a lot of temptation to consumers.

◆ Editorial comments

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

  Looking at the pure electric SUV market, we can obviously see that various brands are making continuous efforts in product innovation and pricing strategies, and have completely "rolled" the market. However, as we said above, the new Smart LS6 can impress consumers who pursue cost performance to a certain extent through the strategy of "high and low". Moreover, it makes this car more durable and better able to meet the aesthetic needs of different age groups.

  It is worth mentioning that not long ago, Zhiji announced that IMAD No Map City NOA will be officially launched nationwide in October, and will push all models, including 2024 Zhiji L7, Zhiji LS7 lidar version models, Zhiji LS6, Zhiji L6 models, and the new Zhiji LS6. In addition, the U-turn and ETC toll booth functions are expected to be launched within this year. With today’s price announcement, do you think it can become a dark horse in the car market this year? (Text/Autohome Zhouyi)

Xiaomi Xiao Ai has launched the "Xiao Ai Input Assistant" function, which only supports Mi 14 series models for the time being

Webmaster’s Home (ChinaZ.com) October 27, news:Xiaomi Xiaoai has launched the "Xiaoai Input Assistant" function, which provides users with a more convenient and practical input experience.

It should be noted that at present, Xiaoai input assistant only supports Baidu/iFLYTEK input method, and needs to be used after the Xiaomi community has obtained the qualification of "Xiaomi HyperOS AI closed beta". During the closed beta, only Xiaomi14 series models are supported.

WeChat screenshot _20231027082819

The advantage of Xiaoai input assistant is that it can take advantage of the global advantages of the input method to quickly connect with the application scenarios of all three parties, and realize the unique experience in each APP scenario. When users use the input scene of the mobile phone frequency, they can easily create various large model capabilities such as Wensheng text and Text-to-Image through Xiaoai input assistant. In addition, Xiaoai input assistant also has a smart text suggestion function, which can intelligently recommend relevant functions according to the user’s current APP, contact context and text box input content to assist users in text input.

For users who need to create, Xiaoai Input Assistant also provides copywriting generation functions to help users complete copywriting from "0" to "1". At the same time, it can also become a chat master, assisting users to reply to various messages, express emotions, and become a high emotional intelligence person. In terms of work, Xiaoai Input Assistant can help users complete copywriting, weekly newspaper writing planning proposals, etc., to improve work efficiency.

In addition, Xiao Ai input assistant also provides a comment clock in function, users in the product evaluation, restaurant evaluation, movie evaluation and other APP interface click Xiao Ai input assistant entrance, you can let Xiao Ai immediately generate a evaluation, quickly complete the food, attractions, movie clock in.

(Report)

Takeaway brother: Orders have doubled under high temperature, and income has exceeded 10,000 yuan

  According to the Labor Daily, "At noon when the sun is shining, nine times out of ten the electric cars that are still speeding on the road are delivering food." Some consumers joked. In the hot summer, the delivery guy has also become the busiest employee, and the order volume has doubled. Although it has brought about an increase in income, the work intensity has also increased significantly.

  8 orders will be sent in one hour during peak hours.

  "Ding Dong", a beep sounded, and Wang Jian, the takeaway brother of Ele.me, had 8 takeaway orders in his mobile phone. At noon, it was the busiest time of his day. While staring at the mobile phone in his hand, holding the incubator in one hand, he strode forward. After a while, he came to a roast wax shop. A round table in front of the shop was full of takeaways that had already been numbered. He compared the numbers, picked up the packaging bag and rushed to the next store non-stop. In just 5 minutes, he picked up 5 takeaways from nearby stores. The incubator could no longer hold all the food. He picked up the box and carried a few plastic bags of takeout in each hand, as if he had just returned from the market.

  "All eight takeaways must be delivered within an hour, so we must hurry up," he said as he walked out of the Sun Moonlight Center and came to his electric car. He loaded a few takeaways into the incubator at the back of the car, and carried a cup of milk tea and a box of bento into a commercial building nearby.

  Takeout has been stolen, delivery has been rushed

  Sweat soaked the work clothes, making the blue clothes appear two colors. The cycling helmet was covered on the head, like a big steamer, and from time to time, beads of sweat could slide down from the forehead. Wang Jian said that time was tight, so he didn’t bother to unbutton and take off his hat, because he would be riding again in a while.

  "Hello, your takeout has arrived, and I’m at the door of the office." Wang Jian called the user’s phone and greeted politely. After the meal was delivered, he didn’t forget to remind him, hoping to get a good review.

  "I’m lucky today. In the past, we were not allowed to take the passenger elevator in this commercial building." Wang Jian, who had finished delivering food, muttered. A few days ago, he was rushed to the back entrance of the freight elevator by the building’s security guards on the grounds of affecting his image while delivering food in the building. "There is only one freight elevator in this building, and it often takes a few minutes to wait. Once, he had to run up to the 10th floor by himself in a hurry." He said that on another occasion, when delivering food in an upscale commercial building, he was asked to change his work clothes before going upstairs. "So there is a piece of clothing on the car. If the customer does not want to go downstairs to pick it up, he can only change his clothes."

  The food delivery process is not easy, and sometimes there are bad things. Wang Jian said that just two days ago, he put a few takeaways in the incubator in the car and went upstairs to deliver the food by himself. When he went downstairs, he saw that the box was empty. "It only took two minutes before and after, and it was stolen. I had to go back to the store and buy it again with my own money according to the list, and then go to deliver it." He said that he remembered that after the staff of a restaurant heard about the incident, they took the initiative to waive the meal fee for him, which made him quite touched. "I felt very warm at that time."

  The order doubled and the income exceeded 10,000 yuan

  After entering July, Wang Jian’s order volume has continued to increase. According to him, the order volume has doubled in the past two days. "Orders come in one after another from 10 o’clock in the morning until 2 o’clock in the afternoon. In the evening, it starts at 5 o’clock and lasts until 10 o’clock." He said that now he delivers more than 50 takeout orders every day, and at the end of the day, there is only one word "tired" left.

  There are many orders in summer, and the income of the takeaway brother has also been improved to a certain extent. Wang Jian said that his usual income is about 7,000 yuan per month, and entering July, the monthly income can exceed 10,000 yuan. "On the one hand, the summer vacation is coming, and the order will definitely increase, and the weather is hot, so everyone is reluctant to go out. Business building orders surge on weekdays, and on weekends, they are mainly residential buildings. Some people without elevators can only climb the stairs layer by layer, and now it takes less than a minute to go up and down the sixth floor." He told reporters that for every order he sent, he could get about 7 yuan, and if he received praise, he could increase it by 2 yuan. In this sweaty summer, he actively took orders and accumulated his income little by little.

  High temperature benefits are 500 yuan per month

  After two years as a takeaway boy, Wang Jian said that his entry into the industry was also a chance. Born in 1996, he came to the big city to pursue his dream and worked in a factory at first. By chance, a neighbor in the rental house told him that his father was delivering takeout and could earn more than 6,000 yuan a month. He didn’t believe it at first, so he became a takeaway boy with the idea of giving it a try. "At that time, I just thought that the elderly could earn 6,000 yuan, and I could definitely do better. I didn’t expect that it was really like a duck to water." He smiled shyly.

  Today, his business ability has been continuously strengthened, and he has become a three-star delivery staff. What makes him feel even more warm is that in the hot summer, the company provides employees with a monthly high temperature fee of 500 yuan, in addition to salt soda water every day, and there are also supplies for cooling down at each site. "Although the summer work is very hard, and the order volume has also increased sharply, the real summer guarantee makes every delivery brother’s work very practical." He said that this makes his delivery more motivated.

Extreme krypton direct marketing reform

Image source @ vision china

Titanium media note:This article comes from WeChat WeChat official account Yiou Automobile (ID: EO-AUTO), written by Guo Huaiyi, and published by Titanium Media with authorization.

The Krypton car (hereinafter referred to as Krypton), which has always claimed to insist on direct operation, is quietly reforming the channel network.

Yiou Automobile has learned exclusively that Krypton plans to expand its sales network by recruiting dealers on a large scale without changing its direct sales model. As the core of the previous sales network, Krypton will greatly reduce the number of new direct investment in the construction of official direct stores.

In the field of after-sales service, Krypton has also made a similar new plan. Dealers need to build an after-sales service center according to the standard of Krypton’s direct operation. The previous plan of building a direct after-sales network directly funded by Krypton has also been abandoned.

In July this year, Krypton also said that it would adhere to the direct sales model, and built more than 300 direct sales stores in 75 cities across the country at an average rate of one every two days.

However, due to the huge financial pressure, although Krypton did not give up the direct mode, it gave up direct investment in building and operating stores and chose to recruit dealers instead, so that dealers could pay high store construction and operation and maintenance costs.

In addition, a source who knows about Krypton told Yiou Automobile that Jason Lin, vice president of Krypton, is no longer in charge of channel planning, but is in charge of sales business, and Zhao Yuhui, vice president in charge of sales business, took over the channel planning.

Since its establishment, Krypton has mainly relied on the endorsement and blood transfusion of Geely Automobile to promote its own construction. As the saying goes, leaning against a big tree is a good way to enjoy the cool, so Krypton can move forward quickly, but Geely, who bears the weight, has a strong sense of being out of reach.  

In December 2022, Geely officially announced that Krypton had submitted a draft registration statement for possible initial public offering to the SEC. But to this day, the IPO of Krypton has been slow to see progress. According to a source who knows about Krypton, Krypton originally planned to land in the US stock market in mid-2023, but the plan has been postponed because of the low valuation given by the market.  

Regarding the adjustment of direct operation mode, related personnel changes and listing issues, Yiou Automobile has made a verification to the extreme, but as of press time, it has not received a reply.  

Some investment bankers who did not want to be named told Yiou Automobile that since 2022, the capital market has not been optimistic about the development prospects of China’s new forces, and the share prices of Weilai, Tucki and LI have all plummeted. The plunge after the listing of zero-run cars has dealt a heavy blow to investor confidence. In this context, it is also helpless for Krypton to choose to suspend listing.

"In the future, we must vigorously promote the extreme family."  

Since its establishment in 2021, the Krypton Direct Marketing System has included four types of stores: Krypton Center, Krypton Space, Delivery Center and Krypton Home.  

Among them, Krypton Center, Krypton Space and Delivery Center are all directly funded and operated by Krypton. The large-scale krypton centers are located in the golden business district, which makes them have strong brand display attributes in addition to sales. Krypton space is small in scale, but it has the largest number and can reach consumers the most. As the name implies, the delivery center is mainly responsible for delivering new cars.  

Extreme Krypton Home is completely different from the above three official direct stores. It is not a direct store in the true sense of extreme Krypton, but it is called — — Managed direct sales.  

"The extreme family is the dealer, and the cost of opening a store and operating and maintenance is their own. There may be some subsidies and support."  

Extremely insiders told Yiou Automobile that before that, extremely investors were basically from Lexus brand dealers. Although they are distributors, they are not separated from the direct marketing system. The most remarkable point is that the product price must be consistent with the center and space of Krypton. In addition, the decoration style and standard of the Kryptonian home must also keep the same style as the Kryptonian center and space.  

According to Yiou Automobile, Krypton has launched a dealer recruitment plan, which is divided into two batches. The first batch of recruitment plans involved 18 provinces, municipalities and autonomous regions, with a total of 29 cities. Among them, Krypton plans to recruit in five cities in Zhejiang Province, with the largest number of recruits in the first batch of plans. Followed by Jiangsu and Guangdong, each with four cities.  

The second batch of recruitment plans involves 16 provinces, municipalities and autonomous regions, with a total of 32 cities. Among them, Jiangsu and Shandong each have five cities to recruit, tied for first place. As four cities, Zhejiang still ranks among the top three in the recruitment plan.

The recruitment requirements given by Krypton clearly require that the applicant must be an independent legal entity approved by the industrial and commercial department with a registered capital of not less than 10 million yuan; In the local mainstream automobile business circle, it has a site with a use area of not less than 3,000 square meters and a service life of not less than 5 years; Can quickly build an excellent after-sales service team.

According to the data of official website on August 18th, at present, there are more than 312 directly operated stores in Krypton. Assuming that only one new Krypton store is built in each city in the above two recruitment plans, it will also bring 61 new stores to Krypton, with an increase of about 20%.

Outside the sales network, there will be similar adjustments in the direct after-sales stores.

In 2022, due to the poor after-sales service of third parties, Krypton was complained by many car owners. To this end, Krypton has decided to establish a direct after-sales service network. In April this year, Jason Lin, vice president of Extreme Krypton, once said: "We are also accelerating the construction of after-sales direct stores."

However, Yiou Automobile learned that after the after-sales centers in Hangzhou and Guangzhou were directly funded, the follow-up plans were basically abandoned.

In addition to the huge financial pressure, the qualification of the after-sales center is also a big obstacle. "Because dealers are all operating locally, their qualifications are not a problem for them, which is why there is a special recruitment requirement for the company to have after-sales service experience."

Different from the extreme center, where the space focuses on sales, the delivery center focuses on delivery, which integrates sales, delivery and after-sales. The construction standard must conform to the extreme direct marketing system. "This not only adheres to the direct marketing model, but also expands the sales and maintenance network, without financial pressure. Why not?"

Just as Krypton adjusted its direct marketing mode, there were personnel changes inside Krypton. It is reported that Jason Lin, the vice president of Krypton, who was in charge of channel business before, has been in charge of sales business. Zhao Yuhui, the former vice president in charge of the sales business, was transferred to the channel construction business due to the problem of integrity.

As the heaviest bargaining chip of Geely Automobile in the new energy market, Krypton can be described as a collection of thousands of kinds of love.

Geely invested 18 billion yuan in the vast structure of SEA. Originally, it was planned to be put on the models of the Lectra brand first, but it was finally used on the first model of Krypton 001.

In order to create a high-end image of the Krypton brand, Geely has put aside almost all the existing dealer networks and invested heavily to let Krypton build a direct network.

After the listing of Krypton 001, the car system software such as Caton was complained by the owners. In July, 2022, Krypton announced that it would replace Qualcomm 8155 chip for all owners of Krypton 001 for free.  

This move directly costs Krypton three small goals.

Free replacement of 8155 chips has also won praise from the market, and consumers have begun to vote in RMB, and sales of krypton have risen rapidly. In October, November and December of 2022, the monthly sales volume of Krypton continuously exceeded 10,000 vehicles. In 2022, the annual sales volume of Krypton also reached 71,941 vehicles.

Although the sales volume is higher, like many new energy brands, Krypton has not walked out of the quagmire of losses. Geely Automobile’s 2022 financial report shows that its revenue in 2022 was 31.78 billion yuan, a tenfold year-on-year increase. However, the loss increased from 1.01 billion yuan in 2021 to 2.03 billion yuan in 2022.

As a "fellow brother" in Geely, although the attention of Lectra is not as good as before, it can achieve meager profits in 2022, but it has not held Geely back. In contrast, krypton, which cannot achieve self-hematopoiesis, has already hit Geely financially.

In 2022, Geely’s operating income and net profit were 148 billion yuan and 4.65 billion yuan respectively, with year-on-year growth of 45.6% and 6.8% respectively. It is really commendable to realize the double growth of revenue and profit in the market environment in 2022. But it is worth noting that Geely said in the financial report:

1. The Group’s internal profitability is under pressure due to the sharp increase in the cost of spare parts such as batteries and chips, and the large amount of investment in the initial stage of the development of extremely new business;

2. During this year (2022), the Group increased its loans to support the rapid growth of Krypton brand business;

3. Standard & Poor’s downgraded the Group’s corporate credit rating from "BBB-/ stable" to "BBB-/ negative", and Moody’s Investors Service downgraded the Group’s credit rating from "Baa3/ stable" to "Baa3/ negative" due to the pressure on profitability in the initial stage of new energy transformation.

It is not difficult to find that Geely’s transfusion of krypton has caused pressure on its profitability, increased loans (liabilities) and even downgraded its rating.

Perhaps because of this, Geely hopes that Krypton can quickly land in the capital market. In December 2022, Geely announced that Krypton had submitted a "draft registration statement for possible initial public offering" to the Securities and Exchange Commission (SEC).

But today, August 2023 has passed, but it is not seen below.

The above-mentioned extremely kryptonian people said that it was not that Geely and extremely kryptonian did not want to go public, but that the valuation was not ideal, which may also be the reason why Geely’s management said "listing on the right opportunity" at the performance meeting in March 2023.

"In the second half of 2022, the capital market was really unfriendly to China’s new car-making forces." An investment banker who did not want to be named told Yiou Automobile that the share prices of Weilai, Xpeng Motors and LI all fell sharply in the second half of 2022. After the zero-run car was listed in the environment at that time, the share price was once terrible. "So it is difficult to go public later, and no one buys it."

According to public data, it was not until March 2023 that the share price of zero-running cars continued to stabilize above the issue price. Among Wei Xiaoli, LI’s share price performed slightly better, while Wei Lai’s and Xpeng Motors’s share prices have not yet returned to the June 2022 price.

Although the listing has been delayed for a long time, it is fortunate that the market performance is firm. The listing of Krypton 009 and Krypton X has further boosted sales. According to official data, in July this year, the delivery volume of extremely krypton vehicles reached a record high, reaching 12,039 vehicles, up 139.7% year-on-year. In the first seven months of this year, the cumulative sales volume reached 54,672 vehicles, a year-on-year increase of 127%.

However, the price war in the auto market rekindled in July, and it was extremely difficult to face the sales pressure again. At the beginning of August, Krypton announced the introduction of a price equity policy for Krypton 001, with a limited price reduction of 30,000-37,000 yuan. Price reduction and promotion is undoubtedly another stress test for Krypton and Geely Finance.

The child with papi sauce was scolded by the hot search after his father’s surname. Who do you want the child to be named after?

  Beijing, May 13 (Yuan Xiuyue), the client of Zhongxin. com, in the past two days, the word "the right of crown surname" has entered the public eye again. Papi sauce was scolded by netizens because it was revealed in the latest video that her child took his father’s surname.

  Some netizens think that papi sauce doesn’t even pay attention to the right of "crown name", and her independent female persona is fake.

  Weibo screenshot

  Last month, a female blogger wrote that she chose to divorce her husband because she failed to fight for her children’s "right to the crown", which triggered a large-scale discussion on the Internet.

  Weibo screenshot

  What is "the right of crown and surname"? Why can it lead to heated discussions again and again? Today we start with the history of surnames.

  What does the surname stand for?

  In fact, at the earliest time, "surname" and "surname" were two different things. "Surname" is the product of matriarchal clan society. In order to stop incest, disorderly marriage and other phenomena, the clan implements the system of marriage outside the clan, and the children live with their mothers. Surname is a symbol shared by descendants of the same female ancestor.

  Because women were the first to be the standard, the oldest surnames in China all have female characters beside them. Such as: Ji, Jiang, Yi, Yao, Yi, Yi, Pregnancy, Yi, Yi, Gu, etc.

  And "surname" is a branch derived from "surname". The earliest surname is the honor of women, and men have neither surname nor surname. Later, men had surnames, but the surnames were expensive and the surnames were cheap.

  In the patriarchal clan period, the status of surnames was reversed. The son of heaven has a surname but no surname, princes and doctors have a surname, and civilians and slaves only have a surname, but no surname has no surname. It was not until the Zhou Dynasty that surnames and surnames began to be confused. In the Qin and Han dynasties, surnames were combined into one, and civilians gradually got surnames.

  Some scholars say that surnames came into being in the later period of primitive society and took shape in slave society, but it really became a social ideology in feudal society.

  The origin of women’s husband’s surname

  Surnames were distinguished from noble ones when they came into being. In feudal society, after surnames were fixed as a system, they also formed a complete set of etiquette norms at the level of noble, low and high. For example, in the Western Han Dynasty, the gate system flourished, and surnames evolved into one of the tools to safeguard property and power.

  The ancient concept that men are superior to women is also reflected in surnames. After entering the patriarchal society, women gradually lost their surnames. Before marriage, a woman shares her father’s surname, and after marriage, she belongs to her husband’s surname, which can be called her husband’s surname or her father’s surname. In public, most women don’t use their first names, especially after marriage, most outsiders call them "a certain lady" with their husband’s surname, or "a certain surname" with their father’s surname, or "a certain surname" with their husband’s surname.

  This surname system lasted for thousands of years, and it was not loosened until modern times. During the period of the Republic of China, the change of married women’s surnames in the Civil Law of the Republic of China has aroused heated discussions from all walks of life.

  Data map. The picture and text are irrelevant. Photo by Wang Guoan

  Some people hope to maintain the old custom system, and think that the real equality between men and women does not lie in the mere surname. It has been suggested that married women take their husbands’ surnames and adopted men take their wives’ surnames, but they have to use their own names when they are abroad.

  Some people also support women to keep their surnames after marriage, or to treat them differently, such as independent women keeping surnames. Others put forward radical opinions that surnames are unnecessary, and there is no dispute between men and women.

  Based on the social and historical conditions at that time, the "Civil Law of the Republic of China" still continued the custom, and its Article 1000th stipulated: "A wife takes her own surname as her husband’s surname; A widower takes his own surname as his wife’s surname, unless otherwise stipulated by the parties. " That is to say, under agreed circumstances, women don’t have to take their husbands’ surnames.

  Data Map: The First Quanzhou Surname Culture Lantern Exhibition. Photo by Liao Jing

  The Marriage Law stipulates that children can take their mother’s surname.

  With the idea of equality between men and women deeply rooted in people’s hearts, the "husband’s surname" has gradually disappeared in life. Article 11 of China’s Marriage Law in 1950 stipulated that "husband and wife have the right to use their own names."

  As for the child’s surname, the Marriage Law of 1980 stipulates that "children can take their father’s surname or their mother’s surname." China’s current Marriage Law is changed to "Children can take their father’s surname or their mother’s surname." The word difference reflects the respect for gender equality and women’s social status.

  According to a report released by the Ministry of Public Security, the number of people who use both their father’s surname and mother’s surname in their names has increased rapidly in the last 30 years. At the end of 1990, this figure was 118,000. By the end of 2018, this figure had increased to 1.1 million.

  However, in real life, children still occupy the mainstream with their father’s surname. In recent years, with the rise of women’s consciousness, there are more and more discussions about children’s "right to crown their surnames", and some even ruin their families because of "the difference of one surname". Since 2015, with the liberalization of the second child policy, the number of second children with their mother’s surname has also increased significantly.

  Data map: The picture and text are not related. Photo by Wu Junjie

  Is it necessary to fight for the right of "crown surname"?

  Today, "crown your surname in my name" seems to be no longer a romantic language, and the family inheritance and blood map carried by surnames are no longer as heavy as before. As some people have said, women’s pursuit of "the right to crown their surnames" seems to be a dispute of "two surnames", but in fact it is a dispute of "two sexes", which is the expression of women’s maintenance of their own rights and interests and their autonomy.

  However, there seems to be no necessary connection between the struggle for "crown name right" and independent women. Not all women who fight for "crown name right" are independent women, or those who don’t fight for it are not independent women. Whether she is an independent woman or not depends on whether she has an independent personality, an independent economy, and her unique pursuit of life and contribution to society, not by verbal talk.

  Those who abuse their children because others choose a different way of life, or because their children take their father’s surname, may not pursue "the right to be crowned" but "hegemony".

  Moreover, unlike fighting for one’s own name right, fighting for the "crown name right" of children also involves husbands, and children may also have to express their opinions when they grow up. To tell the truth, this is an agreement within the family, which is none of others’ business, right (End)

Daily skin care notice | Qingsong, the leader of beauty OEM, lost money for 3 years. Blue Moon only sounded the profit warning because of high marketing expenses?

Source: Sina Securities

  Produced by: Sina Finance Research Institute of Listed Companies

  Author: New Consumer Proposition /cici

  On January 31, the A-share 2023 annual report was announced, and the listed companies with excellent and poor performance in the daily chemical skin care industry were unveiled, and the industrial prosperity was unobstructed. Among the listed companies in the skin care and daily chemical industry that we are concerned about, a total of 6 companies have issued performance forecasts, and 4 listed companies have pre-increased, namely Jinbo Bio, Freda, Marubi and Shuiyang; There are two listed companies whose performance forecast "sounded the alarm" in 2023, namely Blue Moon Group and Qingsong Shares.

  Among them, Qingsong Co., Ltd., as the leading OEM of beauty and skin care, has weak profitability, and its main body of cosmetics business is Northbell acquired at a high premium, thus forming a huge goodwill. After the performance commitment period, Northbell’s "performance changed dramatically" and suffered successive losses in 2021-2022, which also led to huge goodwill accrual in 2021 and 2022. It is worth noting that in 2023, Northbell’s revenue declined and its net profit continued to lose money, which is also the fundamental reason for the sluggish performance of Qingsong.

  For Blue Moon Group, the market leader of household cleaning care, we think that the fundamental reason for its performance loss is still the serious product homogeneity and the channel expansion that is less than expected, and the marketing expenditure is greatly increased or secondary.

  Why is it difficult to make money in the upstream of the foundry leader Qingsong?

  Although the daily chemical skin care foundry is located in the upstream link of the cosmetics industry chain, it is often a section with weak profitability in the industry chain, which is closely related to the low bargaining power and high production cost of the foundry. Among all the listed companies of daily chemical skin care that released the performance forecast, only Qingsong Co., Ltd., the foundry leader, continued its performance loss.

  The original core business of Qingsong Co., Ltd. mainly includes beauty OEM and turpentine processing. At the end of 2022, the company completed the divestiture of turpentine deep processing business, and the company’s main business structure also changed to cosmetics business. The company’s main income and profits were concentrated in cosmetics business.

  In 2023, after the divestiture of turpentine deep processing business, the company’s performance did not bring many surprises to investors. It is expected that the annual revenue will decline and the net profit will continue to lose money. Specifically, the company expects to achieve a total revenue of 1.9-2 billion yuan in 2023, which is expected to decrease by 31.44%-34.87% year-on-year; The loss of net profit attributable to shareholders of listed companies is 50-63 million, and the loss of net profit not attributable to the mother is 48-61 million. The net profit attributable to the mother and the net profit not attributable to the mother are still struggling in the whirlpool of losses.

  The main body of cosmetics business of Qingsong Co., Ltd. is Northbell. Northbell is mainly engaged in cosmetics ODM business, and its main products include masks, skin care products, wet wipes, etc. Its cooperative domestic brands cover many well-known brands of skin care and daily chemical listed companies, such as Perfect Diary under Yixian E-commerce, Winona under Betaine, etc. The cooperative listed companies include shanghai jahwa, Freda, Huaxi Bio, Betaine, etc.

  Although it cooperates with a number of big brands, Northbell’s own profitability is not strong. In 2019, Qingsong acquired 90% equity of Northbell at a price of 2.43 billion yuan, forming a goodwill of 1.366 billion yuan. The corresponding performance commitment is: the audited net profit attributable to the owner of the parent company after deducting non-recurring gains and losses realized by Northbell in 2018 is not less than 200 million yuan; Northbell’s total net profit in 2018 and 2019 is not less than 440 million yuan; Northbell’s total net profit in 2018, 2019 and 2020 is not less than 728 million yuan.

  From 2018 to 2020, Northbell realized net profit of RMB 210 million, RMB 243 million and RMB 287 million respectively, and accumulated net profit of RMB 740 million, fulfilling its performance commitment. After the performance commitment period, Northbell’s performance immediately changed face. In 2021, the operating income was 2.509 billion yuan, down 6.05% year-on-year, and the operating profit was 66 million yuan, which turned from profit to loss year-on-year.

  It is worth noting that in 2023, the company devoted almost all its energy to the cosmetics business and failed to turn losses. According to the company’s performance forecast, in 2023, Northbell’s revenue will decline and its net profit will be lost. It is estimated that its operating income will be 1.9-2 billion yuan, down year-on-year; The estimated net profit loss is 45-38 million yuan.

  Blue Moon sounded a profit warning due to increased marketing expenses? In the first half of the year, sales by category and offline channels dropped sharply.

  On January 17th, Blue Moon Group, which was listed on the Hong Kong stock market, issued a profit warning with pre-reduced performance. It is expected that by the end of fiscal year 2023, the comprehensive profit attributable to shareholders of the company will be reduced by not less than HK$ 230 million compared with HK$ 611.4 million attributable to shareholders of the company for the year ended December 31, 2022.

  According to the company’s announcement, the decrease in expected profit is mainly due to the increase in sales and promotion expenses, including increasing publicity through different sales channels, multimedia, omni-channel and consumer education to enhance the coverage of various sales and distribution channels and new products. It is noteworthy that in the first half of 2023, the company’s sales and distribution expenditure was HK$ 1.059 billion, a year-on-year decrease of 7.7%. This may indicate that in the third and fourth quarters of 2023, Blue Moon Group increased its marketing expenses.

  The core reason for Blue Moon Group to increase its marketing expenditure may still lie in the serious homogenization of products and the unexpected channel development. The slogan "Blue Moon, Creating a New Era of Laundry in China" is deeply rooted in people’s hearts, and the brand of Blue Moon has become synonymous with laundry detergent. At the beginning of 2012, the market share of Blue Moon has reached 52.7%.

  However, due to technical barriers and low barriers to entry, the dividend period of the Blue Moon did not last long. Domestic and foreign daily chemical enterprises urgently laid out the laundry detergent market and raced around the land, and the market quickly became a red sea from the blue ocean.

  In order to compete for market share, brands spare no effort in marketing. Inviting popular stars to speak on their behalf and reducing prices have become the necessary marketing means for going out of the circle. Under this influence, the blue moon’s unique pattern has also been threatened by domestic and foreign brands such as Libai, Carving, Verus, Jinfang and Mystery. Although "winning the first comprehensive share of similar products for N consecutive years" is the core propaganda point of Blue Moon, several head enterprises are evenly matched, and the gap is small. The market share of Blue Moon Group is far less than that in the early stage of industry development.

  With the intensification of brand competition in the market, Blue Moon Group is also slightly passive. In the first half of 2023, the sales of various products of the company fell sharply, of which the income of clothing cleaning and care products was HK$ 1.958 billion, down 20.1% year-on-year. The income from personal cleaning care products was HK$ 120 million, down 47.9% year-on-year; The income from household cleaning care products was HK$ 145 million, down 28.2% year-on-year.

(Sales of products in the first half of 2023 Source: Company Financial Report)

  In addition to product marketing, online and offline channel development is equally important for daily chemical brands. Judging from the channel expansion of Blue Moon in recent years, Blue Moon was removed from KA stores such as RT Mart and Carrefour in June 2015. Although Blue Moon returned to hypermarkets in a low-key manner in 2017, this move also weakened the advantages of Blue Moon’s offline channels to some extent.

  In terms of channels, in the first half of 2023, the sales of offline distributor channels and direct sales to major customers declined significantly. Among them, online channel sales accounted for the highest proportion of HK$ 1.448 billion, down 1.9% year-on-year; The second channel of sales accounted for the offline distributor channel, with sales of HK$ 642 million, down 40.5% year-on-year; The revenue from direct sales to major customers was HK$ 132 million, down 49.5% year-on-year.

(Sales by channel in the first half of 2023 Source: Company Financial Report)

  In the first half of 2023, the sales by category and channel dropped sharply, and the marketing expenses dropped. The company attributed the main reason for the decline in profit to the increase in marketing expenses or it was difficult to convince investors. Specifically, the root cause of Blue Moon Group’s profit decline in 2023 is the decline in sales of a certain category of products, or the decline in sales of a certain channel, as well as the overall inventory situation of the company, which remains to be further analyzed after the company’s official financial report is issued.

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