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After retiring for three times, she can still be red for 20 years. She can still be beautiful and willful with slippers.

Not long ago, Stefanie participated in the recording of "Tomorrow’s Son" as a mentor, which is a big benefit for fans. Seeing her again always makes people feel happy and sad.

Joy is that the person who accompanied youth is back, which means that we are still young and she has always been there.

Sadly, Stefanie, who made her debut almost 20 years ago, listened to her song "Dark Sky" for the first time yesterday, but it seems like a lifetime ago, and her youth has passed away.

Every new album of Stefanie is so exciting. Although the number is getting less and less in recent years, although some people say that her songs are not good to listen to, when you listen to them again and again, you will be fascinated. She has this magic power.

On July 23rd, Stefanie released a new single "Guarding Eternal Love" on her birthday, and next year will usher in the 20th anniversary of her debut. She chose to organize her feelings and express her gratitude by writing, so the song "Guarding Eternal Love" was born!

Just like the title of the song, for her, what she guards is the love of her fans. She has always been a grateful singer. At the concert, Mike broke down and all the fans began to chorus, which moved her to tears …

When it comes to Stefanie, there is always an inexhaustible feeling.

This girl, who was born in a scholarly family, was once a master of Nanyang Technological University, but she became a singer with passion for music. But now it seems that her choice is at least right for us, otherwise, the Chinese music scene will lose a lot of wealth.

In 2000, Stefanie signed a contract with Warner and released Stefanie’s first album of the same name in the same year. The cover said: There is no 22-year-old girl who sings like this.

The first album was a hit in the Chinese music scene, and a song "Sky Black" spread all over the streets.

It is because of this song that Stefanie defeated Jay Chou, who debuted in the same year, and won the Best Newcomer Award in the 12th Taiwan Golden Melody Awards. Of course, it was an era of talented people.

When her career was in full swing in 2003, she retired because she was too tired to release three albums in a year. After the album "Perfect Day" was released in 2005, I chose to rest again because of mental stress and company contract problems. The third time was because of the Egyptian incident.

But even if Stefanie retired three times in the music world where exposure is indispensable, it does not affect her popularity all the time.

When she returns to our sight again, we will find that she is not only more calm and casual, but also more precipitation in temperament, because she has always maintained a fitness and optimistic attitude, and now she is still young at the age of 40.

From the program, we can learn more about her peace, gentleness and casualness. Whether it’s the state or dressing, there is the most beautiful look that this age should have.

Aisuyan dresses casually.Fashion is an understatement to her.

You will find that the girl who once loved to wear vest jeans now wears a suit with a different aura, lively and calm.

In the program, the styling is also a more capable style. Although she always gives us the impression of a literary girl, wearing a dark gray suit and a black low-cut chest, there is no sense of disobedience, capable and atmospheric.

No matter on the show or in private, his modeling is never too hard, but it is very decent. A light pink drawstring long skirt with high-heeled boots of the same color is an understated fashion.

The white one-piece dress has simple lines and perfectly sets off her beautiful temperament.

I never choose too fancy clothes, but I work hard on the design of styles. For example, this gray coat with sloping shoulders is chic and advanced.

The combination of white shirt and khaki trousers, the two simplest colors are very clean and generous.

Stefanie, who performed on the stage, is another appearance in modeling. Her performance costume does not win by volume, but it has tension and is in line with her own tonality.

Some time ago, at the Golden Melody Awards, a song burst into flames, and the printed split skirt was very simple for the performance. She wore a pair of Giuseppe Zanotti boots to perfectly release the aura of Tianhou.

This style has been worn on stage before, and the red printed skirt and bright red boots are very fashionable.

When it comes to modeling, Stefanie never takes it so seriously, but his mind is on the work itself.

Private wear is also very casual, and everyday is a white T-shirt.

Wear this in front of the stage of the Golden Melody Awards.

Speaking of casualness, she can be said to be the representative of casualness among stars, which is also her most lovely place.

Self-portraits are basically plain.

Once she appeared in McDonald’s without makeup+shorts+slippers ~ it was also very real.

It is her casualness, calmness and gentleness that shows people, not only her singing voice but also her whole state, which always reveals a positive appeal.

Last week, I drew up a topic for you, "Which song of Stefanie once made you cry"? I am excited and excited to see the news on the comment page constantly adding, to see who has the same resonance with me, and to see your youth, I will also think of all the pictures I spent listening to Stefanie’s songs in those years …

We walked together in nineteen years.I will still be with you for the next nineteen years.

I am a fairy who loves meat.

The year of the Millennium introduced me to this 22-year-old girl;

Stefanie these three words are very important to me from now on. Because Yanzi met a group of good friends, because Yanzi has many colors and memories of my youth.

19 years of silent support, waiting for every album you made sincerely to be released, waiting for every tour you prepared wholeheartedly to make an invoice.

Every year on June 9th, I think this day is very beautiful. From this date, we can go through the new year together. Weibo, who is busy but doesn’t forget to pay attention to you, is looking forward to and happy with every update. We have walked together for nineteen years, and I will still be with you for the next nineteen years. The last important thing is to say three times, the new album buy buy buys, the concert chases, starting from me, everyone is responsible!

She sang our hearts in those years.

@Jessica Tianyier

The first concert I watched in the infield was 80,000 people in Stefanie and Shanghai in 2009.

At that time, I was not more than 10 meters away from her, and my friends and I could sing every song of her without lyrics.

Even now, I still vaguely remember learning to sing "Fine" with the CD, humming "I’m not sad" after falling out of love in high school, the chorus of tacit understanding with my roommates in college, "I miss it" that echoed constantly when I left school, and even at the latest low tide, her new album brought "When the Winter Night is getting warmer" at the right time.

Sad but not melodramatic, fresh but not detached, brilliant but not presumptuous, warm and not artificial.

Thank you for singing our hearts in those years, and for being accompanied by her songs at every confused moment.

Blink of an eye for 17 years, my youth.

@ Encounter Rolling

Blink of an eye for 17 years, my youth.

Every song is a memory. I remember the first time I came to Chengdu for a concert in 14 years. I just graduated from junior high school. Later, at the concert club of Sichuan University, I cried outside without tickets, listening to the music in the venue, and I was as happy as outside. Later, at the meeting in renhe spring, the answer was, kepler … I remember Kepler singing "Good Youth" and the whole audience held a banner, and the swallows were moved to sob. Of course, I also cried.

All the memories come to me, such as Meeting, Beginning to Understand, and Certificate of Love. Maybe she is the star I am looking for and will inspire me forever.

The scenery along the way has mixed feelings.

@Baby’s breath

I like her because I have her singing in my memory every time.

I can think of Kite and Straight Forward in the afternoon of senior high school, Perfect Day in the third year of senior high school, Backlight in the freshman radio station, and Kepler in my late thirties.

Hidden among many lone stars, I can still find you!

At this moment, I look back and see myself, the scenery along the way, and I have mixed feelings! I met you in 2002. Thank you for your company for 17 years. See you next year!

Because when you meet a song, you plant a seed.

Be happy all the time

In fact, for me, crazy idolize should not be mentioned, but "idolize" is still a force to count me in ~

From junior high school, I fell in love with stubborn Stefanie, and because of a song "Meet", I planted a seed from then on, and I must go to the scene to listen to them sing once.

It’s almost two years since I graduated, until I heard that Stefanie was coming to Chengdu for a concert, the flame that had been suppressed for many years seemed to burn again.

The process of grabbing tickets was exciting and worrying. Finally, I successfully bought two tickets and took her with me to listen to my youth. For the first time, I spent more than 1000 yuan to buy tickets for the concert. For the first time, I went to the scene and felt the real memories unfold before my eyes.

That night, when it was over, it was already past ten o’clock. Everything passed so fast that it was a little unreal. I really couldn’t believe it. An expectation for many years came true on that ordinary day. For me, this is as frivolous and unstoppable as it was then.

I am also trying to be a person who pursues freedom.

@Angel

Yanzi once described herself as a person who has been pursuing that freedom.

After knowing her at the beginning of 2002, I began to listen to her songs and understand her story. During her 17 years of going in and out, I also grew from a pupil to an adult.

Stefanie accompanied me through my whole youth. During this period, whenever I encounter some difficulties, I will say to myself, Stefanie, give me strength. Or what stefanie would do.

I am also trying to be a person who pursues freedom. With Stefanie’s company, I am not alone.

Every time I listen to her "Rainy Day", I want to cry.

@lu

When I grow up, I dare not cry at will. Rainy days are the best time.

Every time I listen to her "Rainy Day", I want to cry. "I’m glad that after you deleted me that day, it was rainy the next day. In the rain, no one in the street noticed my uncontrollable tears. With the rain, I cried heartily that day."

Maybe growing up will be accompanied by loss or more

Ketchup baa

It’s dark, I always want to cry when I listen to this song! There is a very distressed feeling, as if a very clean and simple child faced the experience and feelings of growing up, which turned his world upside down and made him learn to be tough and indifferent in tears!

Perhaps growing up will be accompanied by loss or more, but it also gives us a chance to understand the realm of the ancients watching flowers bloom and fall in front of the court.

The second is Meet. When I was young, I always fantasized about people and things in the future. Girls all have a heroic dream. Maybe one day he will step on colorful clouds to save your world, or maybe he will always be warm around!

I’m not sad. It’s the best result.

@ Fan Fan

I have known Stefanie for a long time, but it was an accident that I really heard her lyrics.

At that time, I was separated from my lover for various reasons, and I overheard it. I was not sad about this song. The main idea of the lyrics is "I really understand that you don’t like the new and hate the old, but I didn’t accompany you. When you are lonely, I don’t know why tears flow … I remember a lot, and your shadow fills my life."

Sentence by sentence is like my monologue During that time, this song, endless cycle.

Looking back now, that relationship has prompted me to grow up, let me start to love myself and know how to please myself. I am not sad. This is the best result.

kite

@ nanake

Kite, "Where’s the kite in the sky? In a blink of an eye, it’s gone …"

In 2002, when I was lovelorn, I couldn’t stop crying in KTV … Everyone who went with me knew that I couldn’t persuade him, and finally my brother went to help me buy the bill.

I remember more than 500 yuan, almost more than a quarter of my salary at that time. At that time, I was very grateful to him and those friends who accompanied me silently. As for the person who made me cry, now I really don’t know why I like it so much, maybe I’m still too young.

After all, women can foresee the future.

My name is Tan Xiaopang.

I miss everything, I miss dreaming together, and I still want to love you after the quarrel I miss-I miss.

At that time, there was no WeChat, and QQ space was still popular. My first love went to be a soldier, and love was forbidden in the military camp. I couldn’t write letters, make phone calls, or surf the Internet. I clicked on her QQ space, and the background music was always this song. Every time I clicked on it, it was like listening to her talking to me. Every sentence poked into my heart. After all, a woman could foresee the future. She expected that we would separate, and she hoped that I could understand her retention.

I’m beginning to understand

Despicable me

It took me a long time to understand that the sorry you said to me at the beginning was just the sorry notice in the airport broadcast that delayed your flight again. When you said thank you at last, it was in the lid of a three-piece bottle of black tea. Thank you for your participation.

Love me forever and never be sad!

@ Qingqing

I’m not sad! After college entrance examination, first love in college, breaking up after work, struggling youth, loving life, and finally listening to songs and crying on the bus … I am not sad to love forever!

Love and irretrievable youth

@ 京京京京

I still remember my high school life at that time, and I had to have a lyric book in my hand. I wrote down every favorite song and sang it with my friends at the same table between classes.

From "Dark Sky" to "Began to Understand" and then to "My Love", my love hero is occupied by three men, and each paragraph is unforgettable but strong. It is said that the lyrics represent the mood, and the lyrics of these three songs not only represent the mood, but also represent the confession of the lost love and the irreversible youth …

In the past 19 years, those lyrics that encouraged us will never be forgotten. I hope that after decades, we will sing that song "My Love" in KTV.

Tearing the windshield to save people from becoming popular. Police: It is important to save people and don’t want to become popular (Figure)

  Recently, a video of a traffic policeman tearing the windshield to save people became popular. In the video, a car with a rear-end collision was seriously damaged at the front of the car, making it difficult for the driver to escape. At a critical moment, a man wearing a police uniform jumped on the front of the car and tore off the windshield with his bare hands to rescue the driver. According to the traffic police brigade of Fenghua City Public Security Bureau in Zhejiang Province, the rescue coordinator is Qiu Feilong, the coordinator of Shangtian Squadron of this brigade. When talking about why he had to go up and tear the glass with his bare hands, Qiu Feilong said, "I didn’t think I would get hurt. It’s important to save people. Anyone will do this."

  event

  Tear the windshield of a car by hand

  Video of saving lives is transmitted online.

  Recently, a video of a man tearing the windshield with his bare hands to save people was circulated on the Internet. The video shows that on a black car with a severely deformed front, a man is trying his best to tear the windshield of the vehicle. Because the glass has been completely broken and stuck together only by explosion-proof membrane, it is particularly dangerous for men to tear with their bare hands.

  In the video, the airbag that has bounced off can be seen vaguely inside the vehicle, and the uniform worn by the man who saved the man reveals the word "police".

  On February 3rd, the Traffic Police Brigade of Fenghua Public Security Bureau of Zhejiang Province issued a notice on the content of video shooting. According to reports, the video shooting took place on the afternoon of February 2. The traffic police and colleagues of Fenghua Shangtian Squadron who were patrolling encountered a rear-end collision on the road. They were worried that the injured were in danger, so they rescued them with their bare hands. At present, the injured are no longer serious.

  Since then, the above videos have been uploaded to the network for a large number of forwarding, which quickly triggered a heated discussion. Many netizens praised the behavior of saving people and expressed concern about the safety of saving the "traffic police". "It hurts when you look at it, and you should equip the traffic police with cut-proof gloves." "Good intentions and good disposal methods."

  detail

  Unable to open the door due to deformation.

  Tear off the broken glass piece by piece.

  However, the title of "Traffic Police Tearing Windshield to Save People by Hand" posted on the Internet is actually not very accurate. According to the Fenghua Traffic Police Brigade, the hero of the rescue is actually Qiu Feilong, a local Shangtian squadron assistant policeman. At about 3 pm on February 2, a car was passing through the intersection of Xiawangcun, Fenghua Xiachao Line, and a rear-end collision occurred because of its too fast speed. Due to the impact, the front of the car was seriously deformed and the airbag popped up. However, because the driver of the vehicle did not fasten his seat belt, he rolled in the car after the collision, and with the strong impact of the airbag, he fell into a coma on the spot.

  At the critical moment, Qiu Feilong, the assistant policeman of Shangtian Squadron of Fenghua Traffic Police Brigade, and his colleagues just passed by. Seeing this scene, they immediately launched a rescue. After asking the surrounding witnesses, I learned that the driver was still trapped in the car, but the door could not be opened due to deformation. Qiu Feilong jumped on the hood and tried to tear the front windshield of the vehicle by hand.

  At that time, although the windshield had been smashed, it was still tightly adhered to the explosion-proof membrane. Considering the importance of saving lives, Qiu Feilong forgot to wear gloves, so he could only tear off the broken car glass pieces by hand. In the meantime, people kept reminding him to be careful to avoid being cut by broken glass, but he did not hesitate at all, but quickly tore a big hole in the glass. Soon, Qiu Feilong and the onlookers successfully rescued the unconscious driver in the car. After the rescue, the driver was fine, while Qiu Feilong left many tiny wounds on his hand.

  Connect with the police

  There is no time to think too much when saving people.

  I just did what I had to do

  Yesterday, Beijing Youth Daily reporter interviewed Qiu Feilong by telephone. He was shopping with his wife on a rare holiday. Qiu Feilong introduced that he joined the traffic police team in 2006. On the day of the incident, two people, myself and my colleagues, were patrolling normally and came across the car accident on the way. When the trapped driver was rescued, he was still in a coma. "He didn’t wake up when I went to the hospital later. When my colleagues in the accident department went to see it again the next day, they said that people had woken up and it was okay."

  When talking about the rescue video, Qiu Feilong said that although he had seen the video, everyone’s comments had not been read after uploading it to the Internet. "I still want to keep a low profile and don’t want to become popular." Qiu Feilong said that when he decided to rescue with his bare hands, he didn’t think about whether he would be injured or not, mainly because he was afraid that the accident vehicle would catch fire and endanger the lives of the trapped people. "It is important to save people, so there is no time to think about it." According to him, although he did not take the initiative to inform his family, his family still knew about it through the Internet. "This is what we should do at work. I believe that no matter who meets it, they will choose to do so." Text/Reporter Kong Linghan Coordinator/Jiang Shuo

Lei Jun, founder, chairman and CEO of Xiaomi Group: The company’s account must be reserved for 18 months’ salary in cash.

On August 11th, Lei Jun, founder, chairman and CEO of Xiaomi Group, released a video in his personal Weibo, saying that his company’s account must be kept with cash that can pay 18 months’ salary. "Once the company couldn’t pay wages, I was anxious and couldn’t sleep for many nights. So that later, I must leave a sum of cash in the company’s account, that is, I will not move if the sky collapses, that is, I will ensure that I can pay my salary for 18 months. "

Expand reading:

Lei Jun’s Billion Mistakes?

Zhang Yu is a post-90 s young man who drifted north. Although he rented a house, he added a lot of smart homes to his residence.

Because of the cost performance and early use of Xiaomi mobile phone, he gradually added smart home products such as small love speakers, sweeping robots and Xiaomi wifi. "It’s all very easy to use and can meet the basic daily needs", which is Zhang Yu’s evaluation of Xiaomi’s ecology, but he wants to buy a tablet computer, and his mobile phone has been the new iPhone 13 and Xiaomi tablet for a long time, which makes him decide to buy an iPad;; Coupled with the recent collapse of Mijia App, he gradually began to think about replacing other products of Xiaomi Ecology.

At first, Zhang Yu thought that it was only his rice noodle belief that needed to be "recharged", but he saw on the Internet that "Xiaomi TV had two consecutive cases of screen glue opening" and "Xiaomi eco-chain enterprises gradually withdrew their shares", plus "Mijia App collapsed twice in two months", and when there were three hot search incidents in the past month, he realized that there might be overall problems in Xiaomi ecology.

After looking at the development of Apple and Huawei’s ecology, he said to Tech Planet: "Xiaomi has no chips and systems. The later it develops, the more it can’t be compared with ecology."

The change of Zhang Yu’s attitude towards Mijia is not a case of "rice noodles" (millet fans). In the main fan group of a rice noodle UP where Zhang Yu is located, not only the UP owner is undergoing this change, but many "rice noodles" in the group are also defecting, and those who defend Xiaomi will also be ridiculed by most people. Zhang Yu admits that he can’t tell the taste when he sees this change.

Of course, there are still many people who think that it is alarmist to look at the millet ecology. Because from the latest financial report, the number of Xiaomi AIoT connections has reached 478 million units, and the monthly life of Xiaoai students has reached 115 million units. Xiaomi TV and Xiaomi tablet are among the best shipments in China.

However, when Huawei’s notebooks, smart screens and other products continue to surpass Xiaomi, and Apple’s ecology is becoming more and more powerful, Xiaomi’s ecology has indeed received strong competition. Lei Jun, the founder of Xiaomi, used to be proud of his extremely cost-effective play, and it seems increasingly difficult to achieve "one move".

Ecological alliance gradually divided before the goal of 100 billion yuan

In 2014, Lei Jun said at the Leaders’ Forum of China Entrepreneurs that he would invest in 100 enterprises within five years, copy the Xiaomi model and build the Xiaomi ecological chain.

Starting from Huami, the earliest investment enterprise, the Xiaomi ecological chain has gone through eight years. According to the financial report, by the end of 2021, Xiaomi had invested 390 foreign companies, with a total book value of 60.3 billion yuan, a year-on-year increase of 25.7%. In eight years, Xiaomi Eco-chain has run out of many listed companies such as Huami, Roborock, No.9, Yunmi, etc. From the financial point of view, Lei Jun’s investment is very successful.

However, while becoming the first intelligent ecology, the Xiaomi ecological chain has gradually produced many cracks.

First of all, it is the internal competition of Xiaomi ecological chain. Because Xiaomi’s eco-chain has gradually divided into different circles with revenues below 1 billion, 700 million and 100 million, many eco-chain enterprises have begun to expand horizontally for revenue. For example, companies such as Roborock, Xunmi and Yunmi are doing the sweeping robot in the ecology, and smart lock companies such as Green Rice and Chuangmi are gradually stepping into the business scope of brother enterprises.

Secondly, Xiaomi gradually entered the market in the later period and began to launch many own brands. These Xiaomi’s own products are similar to the products of Xiaomi Eco-chain enterprises, and they are also sold cheaply. Xiaomi charging treasure is an example. Moreover, Xiaomi is not only in price, but also in system-level control of Xiaomi. In 2019, Xiaomi launched a self-developed Xiaomi sports watch, which directly competed with Huami sports watch. You know, the prototype of the control App“ ZeepLife "of Huami Sports Watch is still Xiaomi Sports App.

When many "rice noodles" buy eco-chain products, they are interested in Xiaomi’s brand. If Xiaomi has launched its own brand, what reason is there to buy eco-chain products?

Thirdly, the hardware profit set by Lei Jun is no more than 5%, so many enterprises hope to get rid of the low-profit foundry model and become high-quality private brands. Therefore, many eco-chain enterprises have launched their own independent brands, and some even proposed to build their own ecology, hoping to have a thorough "de-millet".

For example, in 2017, Stone Robot launched the first self-owned brand product-Stone Sweeping Robot, which gradually opened up the situation dominated by its own brand. In January, 2020, Chen Xiaoping, the founder and CEO of Yunmi Technology, also proposed to compete with Xiaomi in the field of whole house intelligence, when Xiaomi’s business still accounted for 50% of Yunmi.

Perhaps it is realized that the internal differentiation of Xiaomi’s ecological chain is inevitable. Recently, Lei Jun began to withdraw. On June 7, Company No.9 announced that the venture capital institutions under Sequoia Capital and Xiaomi Group reduced their holdings by nearly 6.5%. On May 26th, the announcement disclosed by Roborock showed that Shunwei Capital planned to reduce its holdings by no more than 4,008,000 shares again, accounting for no more than 6% of the company’s total share capital.

According to institutional statistics, it is conservatively estimated that Xiaomi enterprises have cashed in 2.268 billion yuan by reducing their holdings of Roborock and No.9 companies; Shunwei, an investment institution of Lei Jun, has cashed in 3.127 billion yuan by reducing its holdings of Roborock, No.9 Company, Huami Technology and Yunmi.

The Xiaomi ecological chain, which has weakened capital ties, has gradually alienated from various relationships. In the early days of Xiaomi, a rice-generation enterprise’s retail intelligent solution itself had little to do with Xiaomi, and since then, its business has gradually become closer to Ali, and they have jointly undertaken part of the business of Universal Studios. After accepting Ali’s investment, its corporate executives once told Tech Planet: We are not a Xiaomi eco-chain enterprise. Typically, the business card has no Xiaomi logo for a long time.

Despite the gradual differentiation of Xiaomi’s eco-chain enterprises, Xiaomi has gradually taken the lead in TV, refrigerator, sweeping robot and other fields. Qu Heng, general manager of Xiaomi’s eco-chain, said in an interview with 36Kr: "I am confident that the eco-chain sales will exceed 100 billion yuan in the next 3-5 years" (excluding Xiaomi’s household appliances and TV).

Xiaomi mode VS Apple Huawei mode

The three axes of Xiaomi mode: the ultimate cost performance, Internet marketing, and fast. This model helps Xiaomi to establish the largest millet ecology in the industry, but for Xiaomi, Lei Jun’s 100 billion mistakes may also be here, lacking the underlying infrastructure, making Xiaomi Ecology gradually become the "millet grocery store" evaluated by netizens.

Xiaomi did not invest enough in this aspect in the early days, and it was not until MIUI 13 that the slogan of "Internet of Everything" was officially launched. However, because MIUI is a system based on Android, it can’t be completely interconnected, which is especially obvious in the scene of multi-device interaction.

According to Zhang Yu, MIUI 13′ s Xiaomi mobile phone application is relayed on the tablet, and mainstream applications can be seamlessly linked, but apps like Che Di are in the form of network transmission, which is not clear and stable. Huawei launched the "Share" capability in 2019, and mobile phones, tablets and notebooks can be shared without feeling. For example, after a Huawei mobile phone touches a notebook, it can share the screen content of the mobile phone on the notebook.

The reason behind this capability is that Huawei HarmonyOS adopts distributed microkernel, and the Share SDK has been adapted to the native development of HarmonyOS OS. Moreover, Huawei’s self-developed NFC chip also ensures the efficient transmission. Just like many "fruit fans" (Apple fans), they will not hesitate to choose many Apple products because of the insensitivity of Apple Watch and iPhone, the insensitivity of AirPods and iPad, and the cross-screen collaboration of iPad and Mac.

On the other hand, Xiaomi’s mobile ecology is not that I don’t want to be so coordinated, and the key is difficult to get through at a deep level. As the core control of Xiaomi’s ecology, "Mijia App" is easily killed in the background because of insufficient running memory of mobile phones, and the control and data of many devices will be interrupted. Therefore, the current Xiaomi tablet and notebook computer are still playing at a cost-effective way. Especially after Redmi also released the notebook brand, after the price further penetrated, the prices of many products have formed a confrontation with Lenovo.

Not only in the field of mobile products, but also in the field of smart home, Xiaomi’s ecological bottom control ability is also somewhat insufficient. At present, Xiaomi Smart Home has a built-in network switch on each product layout, which is then controlled by the Wifi module. This leads to the failure of all devices in case of network problems.

In a word, network transmission has really become the heel of Xiaomi smart home. On June 16th, Mijia App announced that the service of Mijia App and voice control was abnormal due to network failure. Many rice noodles said that "the router was restarted repeatedly, the mesh was reorganized, and the App was reinstalled, thinking that there was something wrong with their equipment, which turned out to be the problem of Mijia server." Coincidentally, on April 14, Mijia App also crashed once.

Mijia user "Big Money Small General" once thought that the Xiaomi Wisdom Center he bought would play a preparatory role. I didn’t expect Xiaoai and Mijia APP to connect with Xiaomi’s server instead of the localized hub, which is completely different from the privatization deployment mode adopted by Apple’s Homekit hub. Mi Jia’s artificial input control must go through the network, and when the server crashes, Xiaomi’s smart home can’t be controlled unless there is an infrared control device or the device itself keys to control the backup.

Image from: "Big Money Small General"

In contrast, Huawei, which is better at communication, adopts PIC control bus technology, which is an integrated design of network and communication. The communication stability does not occupy Wifi resources, and combined with the control at HMI system level, it has a better control experience for the whole house intelligence.

Xiaomi also realized that this shallow control ability is not desirable for the future ecology, so he also released the Internet of Things system Vela. This operating system, which competes with Huawei HarmonyOS, is based on the open source embedded operating system Nutt. At present, it is only applied to Xiaomi watches, Wifi modules and other products and facilities, and almost no progress has been announced in two years. Maybe it is waiting for the grand appearance of Xiaomi car with Vela?

Hindsight and all-round competition

Objectively speaking, Xiaomi Ecology is still one of the best choices for consumers.

This is not only because the categories and functions of Xiaomi Ecology are far more than those of Apple and Huawei Ecology, which can meet the intelligent consumption experience of almost all scenes. And from the price point of view, it is also more affordable. A complete set of smart homes with UP main computing, including smart locks, cameras, televisions, table lamps, ceiling lamps, air purifiers, sweeping robots, switches, etc., with a low configuration of 5258 yuan and a high configuration of 11532 yuan; Huawei’s low price is 6128 yuan, and the high allocation is as high as 18385 yuan.

However, if consumers have high stability requirements for smart devices, the inherent defects of Xiaomi’s ecology will be highlighted. Recently, the two crashes of Mijia App made some rice noodles express their intention to retire on Weibo.

More importantly, the latest data from Canalys, a research institution, shows that the shipment of Xiaomi smartphones has slipped to the fifth place in the domestic market. If the number of core smartphone users declines, this will have a great ecological impact on Xiaomi.

In 2019, the sales volume of Xiaomi suddenly declined. Xiaomi insiders told Tech Planet that Lei Jun wanted to classify Xiaomi’s market into Others in the PPT of his internal speech at that annual meeting (the sales list of smart phones generally only shows the top 5 in the market, and the latter is uniformly represented by Others), so as to encourage everyone to get back the market share.

Perhaps it is the ups and downs of Xiaomi’s mobile phone sales that have also affected Xiaomi’s determination to lay out the underlying technology, and the ultimate cost-effective volume has become a business choice that is difficult to quit. Relying on AIoT to set off the 100 billion revenue of Xiaomi’s ecology has become the slogan that Xiaomi often rings.

However, according to the current revenue of Xiaomi, it takes a compound annual growth rate of about 30% for Xiaomi Eco-chain to achieve the goal of 100 billion marketing, and from the revenue growth rate of Xiaomi’s "Internet of Things and Lifestyle" (including Xiaomi’s household appliances and TV) in the past three years, it is difficult for Xiaomi Eco-chain to achieve the goal of 100 billion this year, and the growth rate has dropped sharply year-on-year. Does this mean a turning point for Xiaomi?

Obviously, Xiaomi is not unaware of this problem, so there are also many action adjustments.

The first is to increase investment in research and development. Xiaomi previously announced that it will invest 100 billion yuan in research and development in the next five years, with an average of 20 billion yuan per year. Judging from Xiaomi’s financial report in the first quarter of 2022, R&D investment was 3.5 billion, up 16% year-on-year, and 425 million was used for innovative business.

Judging from Xiaomi’s research and development of cars and the chip war being carried out by Huami OV, these investments may not be high.

On the other hand, it is to readjust the internal business. On May 21st, Xiaomi announced that in order to strengthen the interconnection between notebook computers and Xiaomi smartphones, the notebook computers would be merged into the mobile phone department. This is also a new understanding of Apple’s ecology within Xiaomi. If notebooks, PADs and smart phones are still classified and managed, the interconnection of Xiaomi’s core equipment will even lag behind the glory ecology.

Furthermore, Xiaomi Eco is also following the example of HarmonyOS Eco, and opening up a variety of equipment forms, such as mobile phones, tablet computers, smart screens, AI speakers and AITO cars. Xiaomi mobile phone+smart home+new energy vehicle, turning on home lights and air conditioners in the car center console, these smart scenes are also very promising.

One more thing, although the case of Shunwei Capital’s partial financial investment is withdrawing, Xiaomi Company is also increasing its holdings for important ecological chain enterprises. On May 7, 2021, Xiaomi announced that it would increase its holding of 27.44% of the shares of Zimi, an eco-chain enterprise, and the final shareholding ratio reached 49.91%. As mentioned in the announcement, Zimi has technical and R&D capabilities in power supply and many IoT fields, which can improve Xiaomi’s technical competitiveness in the field of 5G+AIoT.

In addition, Xiaomi also increased its holding of 2.98% shares in Jinshan by 420 million yuan, and continued to invest in the B round of financing of Suzhou Radium Laser Technology Co., Ltd. Xiaomi further strengthens ecological coordination by controlling more shares of ecologically important enterprises.

The past development of Xiaomi may prove that the "investment+mode empowerment" style of play will face "the intersection of interests, and the benefits will be scattered; In the situation that the potential intersects and the potential loses, the ecological bottom ability is the key to win the final victory.

Fortunately, in the past "618 Promotion", Xiaomi paid a total of 18.7 billion yuan for the whole platform, while Xiaomi AIoT won the first place in 148 items of JD.COM/Tmall platforms. From the perspective of sales performance, there is still a time window for Xiaomi Ecology to strengthen the underlying capacity building.

Ford F-150 Raptor, the performance benchmark of pickup truck industry is coming strongly.

Ford F-150 Raptor, with its powerful performance and unique design, has become a star model in the off-road market. As the pioneer of desert pickup truck, it is highly sought after after after entering the China market, and conquers all kinds of extreme challenges with its strength.

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Both Tengger Desert and Badain Jaran Desert, with their unpredictable terrain and extreme climatic conditions, have become sacred places in the hearts of cross-country enthusiasts. The sand dunes are undulating and the hinterland is full of unknowns and challenges, which is a severe test for any off-road vehicle. However, Ford F-150 Raptor is like a duck to water in this desert, showing its extraordinary strength as the "peak performance of pickup truck industry".

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Power is the soul of off-road vehicles. The Ford F-150 Raptor is equipped with a powerful 3.5-liter V6EcoBoost? twin-turbocharged high-power engine. This powerful heart provides a steady stream of power for the vehicle. During the journey across the five lakes, the raptor galloped in the desert like a beast. When the throttle stepped, it released shocking torque, and even in the soft sand, it could easily accelerate rapidly. Every time you step on the accelerator deeply, it brings a hearty sense of explosion, which makes people feel like they are in the whirlpool of speed and passion.

Of course, off-road is not only a contest of speed, but also a test of the comprehensive performance of vehicles. Ford F-150 Raptor is equipped with TMS terrain management system, which provides seven driving modes, allowing drivers to accurately adjust according to different road conditions. Whether it is steep slopes, sand ridges or other complex terrain in the desert, Raptor can ensure the continuous and stable performance of the vehicle by independently controlling the steering force of the steering wheel, the transfer case, the electronically controlled differential lock rear drive axle, the vehicle stability control system, the active exhaust system, the active damping system, the throttle response and the gearbox shift logic.

It is worth mentioning that the new generation of FOX?3.1LiveValve? shock absorber provides key support for the Ford F-150 Raptor to walk on the ground in the desert. This set of shock absorber adopts advanced electronic control valve damping technology, which can bear extraordinary bumps and adjust the damping coefficient in real time according to the state of the shock absorber. This feature effectively reduces the thermal attenuation, accelerates the feedback of terrain changes, and allows drivers to be more free-wheeling in the desert and enjoy the fun of off-road.

In addition to the desert, the Ford F-150 Raptor has also demonstrated extraordinary climbing ability in the rugged rock area. With its excellent cross-country performance and passability, Raptor can easily cope with all kinds of complex terrain and lead cross-country enthusiasts to gallop freely in deserts and wilderness.

Whether racing in the desert or climbing steep rocks, the Ford F-150 Raptor has conquered cross-country enthusiasts with its unparalleled strength. As the only race-class performance pickup truck on sale, it has become an indispensable existence in the cross-country field.

Deep integration of party building and central work empowers high-quality development of enterprises

During the severe rainstorm disaster in Henan Province, the rescue "aircraft carrier" emergency power boat bridge was dispatched to transfer the trapped people

Grasping party building is grasping development, and grasping development requires grasping party building. The Party Committee of China Aneng Group deeply understands the internal relationship and close connection between party building and the work of the center. Since September 2018, when the armed police hydropower force collectively changed its business and established a central enterprise with the functions of emergency rescue and engineering construction, it has continuously strengthened the deep integration of party building work and the work of the center. After three years of entrepreneurial practice, the successful completion of the reform task of military-to-enterprise given by the Party Central Committee has fully confirmed the profound truth that if the party building is prosperous, the enterprise will prosper, and if the party building is strong, the development will be strong.

Political leadership is fundamental

Political construction is the fundamental construction of the party, and the deep integration of party building and central work requires a clear-cut approach to politics, and unswervingly using the Supreme Leader’s new era of socialism with Chinese characteristics to build the soul, strengthen the foundation, and maintain integrity and innovation.

As a vivid test of defending the "two determinations". To deeply understand the "two determinations", the key is to work hard and go far, and insist on being in line with the Party Central Committee and the Supreme Leader’s General Secretary, with the Party’s theory and line, principles and policies, and with the Party Central Committee’s decision-making and deployment. China Aneng has always used the decision-making instructions of the Supreme Leader’s General Secretary to unify its thinking, and regarded the transformation of enterprises as a political test. It educates and guides the majority of cadres and workers to participate in enterprise reform and development from a political height of loyalty to the Party and obedience to the Party’s command. Timely response to grassroots concerns, precise implementation of the "reunion project", and properly solve practical difficulties such as employee housing, training, family employment, and children’s school enrollment, so that employees can put Actively strive for more than 30 supporting policies such as transition period setting, personnel placement, treatment guarantee, and financial support. Through various political care, ensure that employees are calm, listen to greetings, and take care of the overall situation, and show political responsibility with qualified answers for reform and transfer.

As the primary task of grasping the theoretical arm. Improving political judgment and political understanding is the premise of improving political execution. To transform the results of theoretical learning into practical actions that speak the party in the party, worry about the party in the party, and serve the party in the party, we must make great efforts in learning and deeply understand its spiritual essence, rich connotation, and practical requirements. China Aneng insists on driving the "vast majority" with the "key minority", strictly implements the "first issue", shoulders the "first responsibility", and adopts various methods such as leadership lectures, joint learning between the two levels, visits to study, and comparison of learning to promote theoretical learning into the mind, benchmark the grand blueprint drawn by the General Secretary of the Supreme Leader, and promote the vivid practice of enterprise reform and development. Three years of start-up, it has achieved a change in one year and an improvement in one year.

As an effective carrier of the continuous red gene. The central enterprises surname the party and listen to the command of the party, which is the unchanged red gene and political base color. To cultivate dreamers who are striving for a new journey and making contributions in the new era, we must vigorously carry forward the red tradition, inherit the red gene, continue the spiritual blood of the Communist Party, and illuminate the road of struggle with the red spirit. China Aneng firmly grasps the political base color of the military transfer to the central enterprises, continues to strengthen its belief and belief in the continuous tradition, and deeply digs into the water, electricity and iron army spirit condensed by the Tianshengqiao spirit, the Yanghu spirit, and the Three Gorges spirit. Inherit and carry forward the red gene and fine traditions, and continue the spiritual blood of China Aneng. Focusing on the "red brand" of the military transferred to the central enterprise, a series of theme activities such as the "Red Memory, Aneng Power" story contest, the "Loyalty · Imprint" theme calligraphy and painting exhibition, the "Water, Electricity and Iron Army Heart to the Party" short video contest, and the "Red Film Exhibition and Broadcasting Month" are planned. Renovate and upgrade the history museums of various units to carry out company history and team history education, organize visits to red education bases, carry out "red classroom" education such as sacrificing heroes, theming party days, and reliving oaths, and continue the red gene blood in the reference of the scene.

The institutional mechanism is the support

The system and mechanism are stable and long-term. Implementing the deep integration of party building and central work is not a temporary need or an expedient measure, but requires long-term efforts and unremitting efforts. We must strengthen the system and mechanism construction, and integrate the deep integration of party building and central work into the scientific management system of enterprises. Only then can we transform political advantages into management advantages, innovation advantages, and development advantages, and ensure regularity, long-term and effectiveness.

Improve the governance system. In the modern enterprise system with Chinese characteristics, the "special" is to integrate the leadership of the party into the corporate governance structure and the party organization of the enterprise into the corporate governance structure. China Aneng has rebuilt the corporate governance structure in accordance with the requirements of "two consistent", scientifically planned the corporate system and mechanism system, studied and formulated the company’s articles of association in a timely manner, and issued the implementation measures of the "three major and one major" decision-making system, the "rules of procedure" of the party committee and the board of directors, the general manager’s work rules, the regular meeting mechanism of corporate governance, and more than 130 important systems related to the welfare and treatment of cadres and employees, development and progress, assessment and incentive. Fully implement the two-level corporate governance structure and the three-level management system, establish a parent-subsidiary company system linked by capital, and shorten the management chain Focusing on building a "strategic control" headquarters, scientifically set up the internal institutions and staffing of the group headquarters and various engineering bureaus to effectively improve operational efficiency.

Innovation platform carrier. Platform carrier is an important support for carrying out activities. Continuously innovating platform carrier is not only an effective way to stimulate the vitality of party building, but also an important means to improve the quality level of party building integration into the center and serve the overall situation of enterprise development. China Aneng pays attention to improving the regular integration carrier, carries out activities such as party building brand creation, branch standardization and standard creation, and party member demonstration posts. It has established a "party building studio" named after individual party members, and realized the integration of party building work and production and operation at the end. Closely focusing on important tasks such as safety production, emergency rescue, energy conservation and emission reduction, and scientific and technological research, so that party members can take the lead and become the backbone in the work of the center. Normally carry out pioneering and striving for excellence activities, and incorporate the work achievements in production, operation and emergency rescue into the evaluation and promotion conditions, forming a typical guiding effect. In 2021, China Aneng grandly commended 193 individuals and individuals, and recommended 5 party members and cadres to be awarded "model of central enterprises", "advanced worker in emergency management system", "national women’s model of meritorious service", "outstanding Communist Party member" and other provincial and ministerial honors.

Systematic planning and promotion. Insisting on the simultaneous planning of party building and enterprise deepening reform and development, and the simultaneous development of party building work, it is necessary to continuously strengthen forward-looking thinking, overall planning, strategic layout, and overall promotion, so as to integrate the role of party organizations into the mobilization, organization, implementation, guarantee, and implementation of the central work. China Aneng regards the difficulties of enterprise reform, the focus of production and operation, the blockage points of emergency rescue, and the hot spots of employees’ concern as the focus of party building work, and gives full play to subjective initiative. Take the initiative to study ahead and seriously think about the planning and promotion path. Issued the "Guiding Opinions on Further Promoting the Deep Integration of Party Building Work and the Work of the Center" in the form of the No. 1 document of the Party Committee, combined with the special project action of "improving quality and efficiency", summarized and promoted the "eight methods of integration" of party building work and improving quality and efficiency activities, formulated a contact point system for members of the leadership team, and established a supervision group led by the Standing Committee to provide "one enterprise and one strategy" assistance to three-level companies and the construction project department, forming a "party building + center" double financing and double promotion work pattern.

Go deep into the grass-roots construction project department to carry out the party member pioneer tour

Organization building is the foundation

The party’s grass-roots organizations are the foundation of all the party’s work and combat effectiveness. To give full play to the leading and guaranteeing role of party building, we must firmly grasp the theme of grass-roots party organization construction and make greater efforts to strengthen organizational functions.

Ensure "full coverage" and improve the organization. The strength of the party comes from the organization. Expand the coverage of the party organization, build the party’s organization "overwhelming", and achieve "tangible coverage" and "effective coverage". Wherever the cause develops, the construction of the party organization will follow up. Where there are the masses, there will be party work. Where there are party members, there will be party organizations. Where there are party organizations, there will be a sound organizational life and the full play of the role of the party organization. Only with strong organizational advantages can we gather the majestic force for struggle and progress. China Aneng Group closely combines the profound changes in corporate property rights, organizational structure, business model, and employment methods, and continuously optimizes the organizational setting to ensure that the party’s organizational setting is always in line with the reform and development of enterprises and the production and operation activities. In accordance with the requirements of "four synchronization, four docking", timely adjustment of the establishment of party organizations at all levels to ensure that the organization is sound, seamless, and orderly transfer, providing a strong organizational guarantee for the sequential promotion of construction reform and development. In 2021, the first party congress of the group company was successfully held. According to the 5-level structure of the group – second-level enterprises – branches – brigades – middle (sub) teams, 55 party committees, 7 party general branch departments, and 201 party branch departments were adjusted, achieving the "full coverage" requirement.

Focusing on the "strong fortress" to play its function. The party organization is the backbone. Only by making the backbone "indomitable" strong can the party members and the masses identify with the party organization, rely on the party organization, and obey the party organization. China Aneng Group organized and printed the "China Aneng Party Branch Standardization and Standardization Work Manual" to guide the grass-roots to comprehensively promote the standardization and standardization construction, and do a good job of "three meetings and one lesson", organizing life meetings, democratic evaluation of party members, and heart-to-heart talks. To ensure that ideological and political work falls to the branch, strict management and education of party members fall to the branch, and mass work falls to the branch. Organize a training camp for branch secretaries, hold an on-site meeting on party building standardization in grass-roots project departments, solidify and promote the experience of grass-roots front-line party building, promote the construction of grass-roots party organizations to be more standardized, carry out activities in a more orderly manner, and play a fuller role. It has effectively become the core of uniting the masses, a school for educating party members, and a fortress for overcoming difficulties.

Focusing on "nurturing talents" to cultivate teams. Party cadres at all levels are the backbone of enterprise governance and an important source of enterprise reform and development. Striving to build a team of high-quality cadres who are loyal, clean and responsible is an urgent need to become stronger, better and bigger state-owned enterprises. As a new army of central enterprises, China Aneng Group has placed an important position on solving the problem of insufficient number of talents during the start-up period, the main backbone strength is stretched, and the shortage of professional talents. According to the concept of "everyone is a talent, everyone can become a talent", focus on training rotational employees 17,000 times. Implemented the special project training plan for non-commissioned officers transferred to enterprises, and a group of former non-commissioned officers took up the post of cadres. Taking the "three system reforms" as a breakthrough point, we have accelerated the promotion of the tenure system and contractual management of managers, and continuously optimized the structure of the talent team through the recruitment of managers, the placement of cadres in central enterprises, and social recruitment.

Political impact is the goal

Whether it can share the worries of the party and solve the difficulties for the people is the touchstone and whetstone to test whether the party building work is well grasped and whether the party’s organizational ability is strong or not. To achieve the goals and effects of party building work, we must keep in mind the mission and task, and cherish the greatness of the country.

Integrate into the national strategy to promote integration. Grassroots party organizations are the last mile to implement the decisions and arrangements of the Party Central Committee. They must not only clear the snow in front of the door, but also serve the national strategy. They must be both down-to-earth and far-sighted. As the only central enterprise with emergency rescue as the main responsibility, China Aneng Group is in accordance with the spirit of the Supreme Leader General Secretary’s personal review of the "Report on Building a Professional Strategic Rescue Team of Central Enterprises with China Aneng as the Main", stepping up research and formation of a new type of professional strategic rescue team of central enterprises with China Aneng as the main one, through building a strategic rescue force system of central enterprises, enhancing professional capabilities, enhancing technical level, and solving practical problems, to further give play to the advantages of the professional system of central enterprises, better serve the overall strategic situation of the party and the country, better fulfill economic responsibilities, political responsibilities and social responsibilities, and demonstrate the responsibility of the country’s heavy weapons with practical actions.

Focusing on production and operation to promote integration. Party building work is integrated into production and operation work to promote the improvement of quality and efficiency of enterprises. This is not only the due responsibility positioning of party building work, but also an important standard for testing the effectiveness of party building work. We must adhere to improving enterprise efficiency, enhancing enterprise competitiveness, and realizing the preservation and appreciation of state-owned assets as the starting point and end point of party building work. Since the transfer to the enterprise three years ago, China Aneng Group has continuously opened up cooperation space by focusing on production and operation to develop markets, improve quality and increase, and create reputation and create efficiency. It has signed strategic cooperation agreements with nearly 20 provinces and cities and central enterprises. It has held four on-site meetings on project management under construction to comprehensively improve the ability to perform contracts and create efficiency. New contracts and operating income have been increased several times, and the main financial indicators have been successfully completed.

Fulfilling social responsibility and promoting integration. As an important force to safeguard the fundamental interests of the people, state-owned enterprises are determined to fulfill the original mission of the party. Protecting and developing the common wealth of all the people is the highest value pursuit and fundamental political responsibility. They must assume the social responsibility of serving the society and protecting the people’s livelihood. Since the transfer to the enterprise, China Aneng Group has bravely picked up important tasks and taken the initiative to be included in the member units of the National Defense General Assembly, established the Natural Disaster Engineering Rescue Center of the Ministry of Emergency Management, established 9 engineering rescue bases, and completed 92 emergency rescue tasks of various types. Especially in the heavy rain disaster in Henan Province last year, the vast number of commanders and fighters continued the red blood of the army, leading cadres commanded in front, Communist Party members charged in front, and rescue team members were brave and tenacious, and successfully completed major tasks such as reservoir relief, mass transfer, breach plugging, embankment repair, and waterlogging drainage. Relevant leaders of the central government praised China Aneng Group for actively fulfilling the social responsibility of central enterprises and playing the role of the main force and commandos in flood relief.

(The author is the head of the Party and Mass Work Department of China Aneng Group)

Source | State-owned Enterprise Magazine, May 2022

(Editor: Wang Xing)

Geely Galaxy E8 launched, creating a high-value mainstream flagship model

  Recently, Geely Galaxy E8 was officially launched and delivered simultaneously. The new car launched a total of 5 versions, priced from 175,800 yuan to 228,800 yuan.

  It is understood that the Galaxy E8 brings Oriental aesthetics, safety heritage, supercar performance, and borderless intelligence to the mainstream market, providing high-value pure electric flagships to mainstream market users.

  In terms of architecture, the SEA pure electric architecture allows the Galaxy E8 to accurately achieve a golden axle-load ratio of 50:50, bringing more balanced and stable motion performance. On this basis, the Galaxy E8 has passed Geely’s unique and domestic first digital virtual adjustment, and the adjustment iteration has exceeded 10,000 times, and the yaw linearity has reached 92.61%. In the elk test to verify the stability performance, the Galaxy E8 has achieved 82km/h.

  In order to meet the needs of different users, based on the scalability of the SEA architecture, the Galaxy E8 has two models: 400V and 800V. The Galaxy E8 four-wheel drive performance version is the first 800V four-wheel drive pure electric car in the mainstream market, using high-performance silicon carbide electric drive, dual motor power 475kW, zero hundred acceleration only 3.49 seconds, the mainstream car acceleration first. At the same time, this version also has 800V fast flash charging, charging for 5 minutes can last 180km.

  In terms of energy replenishment, Geely Galaxy will directly share the group’s "thousands of stations" energy replenishment system, connecting more than 880 charging stations of Krypton Energy, covering 137 cities across the country. Among them, the ultra-fast charging pile has reached 2,409. Geely Galaxy’s exclusive "energy park" will achieve a scale of 300 in 2024. Geely has also integrated more than 95% of the country’s charging resources, covering 330 major cities, and the number of available charging piles has reached 600,000.

  For the battery safety issue that has attracted much attention, Geely Galaxy’s exclusive "SHIELD Battery Safety System" has created a complete set of four-layer "no blind spot" safety protection systems from battery to architecture, vehicle, intelligent control, and cloud. In addition, Geely has further expanded the verification content of SHIELD battery safety system. On the basis that the single battery test is higher than the national standard requirements, the same battery is subjected to temperature shock, humid heat cycle, vibration, mechanical shock, water immersion safety, IP6X, IPX8, and IPX9K tests, and the continuous test is passed at one time.

  In terms of smart cockpit, Galaxy E8’s "Galaxy Unbounded Smart Cockpit" brings users an unbounded interactive experience and a more immersive cockpit experience. Through the Galaxy Crystal knob, you can enter ten scene applications such as "iMax Galaxy Cinema" and the full-screen customized 3A game "Wild Race 9" to achieve one-click traversal. All kinds of applications can dynamically expand, flow and shift on the large screen. When the owner calls, the call interface pops up through the small window, and the original content of the large screen automatically expands to the right. Not only navigation, but listening to music, watching movies, and playing games can be expanded to the "instrument area".

  In terms of intelligent driving, the Galaxy E8 is also equipped with a new solid-state lidar, which has an ultra-wide viewing angle and ultra-long range, as well as a zoom "gaze" function. The high-end smart driving solution Galaxy Smart Driving 2.0, which focuses on urban commuter NOA, will also be launched on the Galaxy E8 for the first time, and various functions will be launched one after another this year.

  It is worth noting that only when the intelligent Internet is open enough can it satisfy users’ better experience and allow more mainstream users to enter the era of "Internet of Everything". On the Internet of Everything, Geely will cooperate with excellent brands and products in various fields. On the handheld car Internet, Geely has opened up the ecology of all Android mobile phones; on the smart home Internet, it has opened up JD.com, Xiaodu, Haier and other smart devices.

  Geely said that Geely Galaxy will continue to bring innovative technologies and products to users. It has developed a new generation of 11-in-1 smart electric drives and distributed wheel electric drives, so that mainstream products can also achieve "tank turns". In addition to Galaxy L7, Galaxy L6, and Galaxy E8, Geely Galaxy will launch more new products in the next two years.

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Dialogue with Geely Automobile Group CEO Gan Jiayue: Demystifying the underlying logic of Geely’s second take-off

  Geely Automobile recently released the A-class intelligent boutique sedan in Shanghai, the new benchmark Galaxy L6. Galaxy announced that Geely’s new energy vehicles have formed a complete and comprehensive product map with ultra-high quality, showing that the replacement of fuel vehicles by new energy vehicles will further accelerate.

  In the opinion of Gan Jiayue, CEO of Geely Automobile Group, the competition for the development of new energy vehicles has entered the "second half" of intelligence, with clear strategic goals, good resources, good advantages, continuous change and innovation, and a more open mind to embrace the world, so that enterprises can take off again.

  The main line of new energy is becoming increasingly clear

  In the second half of 2018, Geely’s development momentum was good, but it threw out the "to survive" point of view. "Why? Because we are keenly aware that it will become more and more difficult later. Especially after 2020, we are deeply aware that the era of new energy vehicles will come faster and faster." Gan Jiayue said.

  In 2021, Geely proposed "two blue Geely action plans", namely hybrid and pure electric paths. Geely’s new energy development main line is increasingly clear.

  "The first half of the competition for new energy vehicles is Sandian, and the second half is intelligent. If Geely does not fall behind in the first half, how can it do a better job in the second half?" Gan Jiayue replied that after the "yes" and "no" problems are solved, the "good" or "bad" problems need to be solved, which is Geely’s strength in car building. Since the acquisition of Volvo in 2010, Geely’s level in car building, quality, quality control, technical pursuit, and consistency has basically leveled with international advanced enterprises. On this basis, new energy vehicles must be developed. Therefore, on October 31, 2021, Geely released the "Intelligent Geely 2025" strategy, the core of which is "new energy + intelligence".

  In the first half of 2023, the trend of intelligent electrification in the automotive industry will continue to advance, the industry competition will become increasingly fierce, and the challenges and opportunities of industrial chain restructuring will coexist.

  Gan Jiayue said that the development of automobiles is no longer limited to single-line technological innovation, but multi-technology integration and innovation of artificial intelligence, non-sensory interaction, heaven and earth communication, and cross-border interconnection capabilities. Geely Automobile firmly and comprehensively embraces new energy to create smart boutique cars for everyone. The logic of the new energy main line is clear, and it has realized the intelligent transformation of electrification: Geely Galaxy has rapidly advanced, and JK has firmly established itself in the luxury intelligent pure electricity market. The international layout has made important progress.

  In the first half of 2023, Geely sold 158,000 new energy products, an increase of 43.9% year-on-year, and the proportion of new energy vehicle sales increased from 17.9% in the same period last year to 22.7%.

  Geely, Lynk & Co, Extreme Krypton, Ruilan, Geely Group’s brand synergy strategic advantages are fully highlighted, the brand positioning is clear, and each performance is extraordinary. Geely Galaxy series focuses on super hybrid, extended range hybrid and pure electric products, and launches the hybrid model Galaxy L7. The cumulative sales volume exceeded 30,000 units in the three months of listing, becoming the fastest intelligent electric hybrid SUV in the hybrid market to achieve "monthly sales breaking 10,000"; Lynk & Co brand focuses on super hybrid and pure electric products, achieving sales of 82,000 units in the first half of the year, an increase of 6% year-on-year, and the cumulative sales volume exceeded 900,000 units; Extreme Krypton has firmly established itself in the luxury intelligent pure electric market, delivering 42,633 units in the first half of the year, an increase of 124% year-on-year. It has cumulatively delivered over 120,000

  In the first half of the year, Geely’s export business also hit a new high again: achieving export sales of 121,000 vehicles, an increase of 38.3% year-on-year, ranking fourth in the industry, the same as the same period last year; export sales accounted for 17.5%, an increase of 3.2 percentage points year-on-year. According to reports, Geely brand has deepened its layout in the Middle East, Asia Pacific, Africa, Latin America and other regions.

  Create a full-stack self-developed technology moat

  The upcoming Hangzhou Asian Games are attracting the attention of the world. The Hangzhou Asian Organizing Committee has designated the Asian Games Smart Driving Experience Line developed by JK to be put into operation during the Asian Games, which fully demonstrates the technical strength of JK in urban open roads and other scenarios. The Geely Star Smart Computing Center, which was launched at the beginning of this year, receives real-time driving data and intelligent driving data of the Asian Games fleet through the vehicle to everything platform and intelligent driving cloud platform, and uses its super computing power to provide efficient and safe data information computing services for cars, ensuring the safe operation and driving experience of vehicles in an all-round way.

  Not only in the Asian Games, but also in Shanghai, Hangzhou and other cities, high-end intelligent driving solutions represented by the ultra-high-speed NZP autonomous pilot assistance system have been commercialized first.

  This is just a microcosm of Geely’s continued focus on innovation capacity enhancement and building a full-stack self-developed technology moat. Geely Automobile has never stopped increasing its investment in smart electrification research and development. In the first half of 2023, Geely’s total R & D investment has increased by 62.8% year-on-year to 5.91 billion yuan.

  Geely’s technology-driven new energy transformation is continuing to accelerate. Geely actively deploys the entire industrial chain of smart electric vehicles, realizes software-defined vehicles, solidifies core technologies, and self-researches the full stack of software and hardware, promoting the rapid implementation of "Smart Geely 2025".

  In the field of smart cockpit, Geely’s first self-designed car-grade smart cockpit chip "No. 1", as well as the smart cockpit system LYNK Flyme Auto jointly created by Lynk & Co and Star Meizu, can achieve seamless connection between mobile phones and cars, and has been installed in the recently launched Lynk & Co 08.

  In the field of intelligent driving, Geely’s high-precision positioning chip module has passed the vehicle-level certification in terms of intelligent driving and navigation and positioning; the full-stack self-developed distributed operating system Galaxy N OS, which realizes the integrated experience of system, ID and cloud; the AI large model of Xingrui Intelligent Computing Center provides intelligent driving and voice interactive training optimization support; Spacetime Daoyu provides low-orbit satellite technology support, and can realize the mass production and deployment of satellite communication and satellite positioning functions within this year.

  It is worth mentioning that Geely Galaxy is advancing rapidly, and the intelligent electric hybrid system continues to create new heights of technology, opening the second stage of high-value new energy.

  In February 2023, Geely Galaxy was officially released, and Geely’s new energy strategy and new products were officially announced. The first smart electric hybrid SUV, Geely Galaxy L7, is positioned as "the safety leader of science and technology electric hybrid SUV", and the first to take the Aegis battery safety system, Raytheon Electric Hybrid 8848 and Galaxy N OS three major technical achievements.

  The Aegis Battery Safety System is a battery safety technology created by Geely and exclusive to Geely Galaxy. This is a battery-based "no blind spot" safety protection system that integrates architecture, vehicle, intelligent control, and cloud security. The Raytheon Hybrid 8848 has achieved energy saving, performance and intelligence, and the thermal efficiency of the Raytheon Hybrid Engine, which has been verified, has exceeded 46%. Galaxy N OS system start-up speed, application opening speed, and Keyword Spotting speed are all the fastest in the same class.

  Gan Jiayue emphasized that new forces have the word "potential", which means that they must have the ability to change and the determination to change. Geely faces the issue of "comprehensively moving towards new", and has a strong ability to change, and the strength of change is also strong. In this sense, Geely is a new force.

  Forward-looking layout makes a second take-off

  1.65 million vehicles, Geely has set ambitious annual sales targets. Among them, the sales target of new energy vehicles will increase by more than 100% compared with the total sales achieved in 2022.

  In order to achieve this goal, Geely has been focusing on new energy and intelligent transformation. Geely brand plans to launch two new products in the second half of the year. After the industry’s first AI intelligent electric hybrid sedan Galaxy L6 was listed in September, E8 will be listed in the fourth quarter of this year; Lynk & Co brand’s newly listed new energy luxury smart super SUV Lynk & Co 08, in one fell swoop to achieve brand renewal, product renewal, channel renewal and experience renewal; Extreme Krypton’s annual delivery target of 140,000 vehicles remains unchanged, and a new intelligent pure electric car will be launched in the second half of the year to rapidly increase the high-end market share.

  At the same time, the smart cockpit will continue to iterate. Geely brand focuses on creating a new generation of cockpit operating system Galaxy N OS2.0 to achieve a smooth experience of integrated integration of system, ID and Cloud as a Service; LYNK Flyme Auto, the smart cockpit created by the deep integration of Lynk & Co and Meizu, will focus on multi-end point, full scene and immersive experience, bringing the ultimate intelligent interaction experience. Lynk & Co 01/03/05 equipped with 8155 car chip, since August 10, through OTA on the new smart cockpit system LYNK OS N.

  The field of AI artificial intelligence will accelerate the layout. Geely plans to officially release the "first full-stack self-developed full-scene AI model in the automotive industry" in the second half of the year. It has completed the training of the dialogue model, including the construction of 500TB super-large-scale Chinese text data and the development of data cleaning algorithms. The model uses a 1.5T token super-large-scale Chinese dataset to make the conversation between people and cars smoother, the car machine is smarter, and the second knows the second response.

  The pace of expanding the global market will also be faster and more stable: Geely brand to continue to deepen the Middle East, Asia Pacific, Latin America and other major markets, start the operation of the Mexican market, focusing on breaking through Vietnam, Australia and New Zealand and other markets; speed up the transformation of Eastern European market operations, to achieve high-quality development. Extreme Krypton 001 and Extreme Krypton X have entered the European market, taking the lead in Sweden and the Netherlands. The first batch of direct-operated stores will be launched and delivered within the year; in the fourth quarter, pre-sale will be launched in Israel, going global.

  Some senior industry experts have commented that the underlying reason for Geely’s second take-off is its forward-looking layout of R & D and the empowerment of the holding group. Geely Holding Group acquired Volvo in 2010 and successfully integrated it. With the help of Volvo, it has completed the establishment of a global R & D and supply supporting system, and has made great progress. In the face of a century of great changes in the automotive industry, Geely has actively responded and unswervingly invested in electric intelligence research and development. In the medium and long term, the electric intelligent revolution has given Geely new development opportunities. Through the absorption and integration of Volvo, the forward-looking technology layout for many years, and the coordination of resources of the holding group, Geely guides the development of various brands with a global strategic vision. On the one hand, it can give full play to the advantages of technical hard core. On the other hand, it is expected to achieve curve overtaking in terms of brand power, product definition and innovative marketing, aiming at international first-line car companies.

  Gan Jiayue said that only by leveraging our advantages and basing ourselves on the present can we look to a farther future. The "Intelligent Geely 2025" strategy proposes "one network and three systems". "One network" is to create a Geely intelligent technology ecological network, based on intelligent architecture and new infrastructure. The e-CMA architecture, SPA architecture, and SEA vast architecture are very important intelligent architectures for new energy vehicles. On the basis of the intelligent architecture, we must add operating systems, chips, technical data, and satellite technology to unite them into an intelligent technology ecological network. The "three systems" are intelligent energy, intelligent manufacturing, and intelligent services. We must lay the foundation, practice our internal skills, and practice the "one network and three systems" well. On this basis, we will build high-value new energy vehicles.

?

Guansheng Co., Ltd. was investigated by five institutions: the company’s overseas business accounted for as high as 92%, and its main business was concentrated in the after-sales market of automobiles

  () The Record Form of Investor Relations Activities was released on July 25th, and the company was investigated by five institutions on July 21st, 2022. The types of institutions are fund companies and securities companies.

  The main contents of investor relations activities are introduced:

  Q: Please tell us about Guansheng’s business.

  A: The company’s overseas business accounts for as high as 92%, and its main business is concentrated in the automobile aftermarket, which is not the same as the resource endowment of companies mainly concentrated in the OEM vehicle supporting market. In recent two years, the company’s strategic positioning is two-wheel drive in OEM and AM market. The core competitiveness mainly lies in the global smart supply chain wisdom system, and the connotation of this system mainly includes the following three aspects:

  First, the construction of infrastructure global warehouse network system; We have two large storage centers in North America, two warehouses in Germany and Poland, and a storage center in Mexico.

  In the future, we will accelerate the layout of the global warehouse network system. The construction of infrastructure is mainly for the sinking of the global market channel. Theoretically, the pulling effect of the global market channel on the gross profit margin is more obvious every level.

  Second, the global marketing network; The company has realized localized distribution in many countries, and we have localized operation teams in North America and Europe, which solved the problems of poor information and communication cost, and showed the advantages of marketing network during the epidemic, and communication with overseas and customer maintenance were not affected. The areas where the channel end sinks are doing well at present are North America and Europe.

  3. In the strategic agreement reached with JD.COM last year, Jinghui System provided a lot of help in accurate forecasting and intelligent production scheduling on the demand side. At the same time, we built a big data platform with JD.COM, and the data of our supply chain can be accumulated on the cloud platform. We and JD.COM have a China supply chain center in the global warehouse network system, which is currently fully entrusted to JD.COM for operation and management. At present, these three connotations are the main core competitiveness of the global smart supply chain system, and the construction of the global smart supply chain system can help the products of excellent domestic suppliers go to sea.

  Sources of future growth: First, it comes from the loading of multiple product lines in AM market. According to our statistics, the compound growth rate of new product lines has reached 35% in recent five years. The second growth is in the domestic market. The average age of overseas cars, especially in developed countries, is between 10 and 11 years, and that of China is about 6.5 years. The replacement cycle of chassis parts is about 6 years. We have been laying the groundwork in the domestic market for a long time and will soon face the outbreak of the domestic AM market.

  The second big growth comes from OEM market. Overtaking in corners refers to breaking the supplier system of traditional fuel vehicles. Last year, we cooperated with Jin Kang Celeste and Weimar, and we are still negotiating with the new energy manufacturers in the head. Although the proportion of OEM is very low, the growth rate last year has reached 139.4%.

  Q: What was the proportion of the integration division in the total revenue last year, and did you start to engage in this part of the business after the establishment of the integration division?

  A: Since its establishment, the company has been focusing on the auto parts industry. At the same time, the company has continuously expanded overseas markets and set up subsidiaries in the United States, Europe and Mexico. In 2013, the company has built a systematic marketing network and channels. Some excellent domestic suppliers do not understand the needs of foreign markets and customers, and the company hopes to promote the development of domestic industries.

  Therefore, from this stage, the company began to cultivate the integrated product line, which was continuously developed and expanded by the integration working group and gradually hatched. Among the company’s six product series, Guansheng develops, produces and sells constant velocity universal joints, transmission shaft assemblies and hub bearing units; Shock absorber series, rubber parts series and suspension steering series are the cooperation between the company and some domestic high-quality suppliers, and use the company’s global smart supply chain system to empower these suppliers and help their products go to sea. The compound growth rate of these product lines in recent five years is above 30%. At present, the integrated business is gradually growing, accounting for less than one-third of the revenue, and will gradually increase in the future.

  Q: According to the data disclosed by the company, the fixed assets have not increased in recent years, but the self-owned products have grown quite fast. What are the main reasons?

  A: Fixed assets will be increased as planned, but it has been delayed to some extent by the epidemic. The utilization rate of our production capacity is above 90%, indicating that the utilization rate of production capacity tends to be saturated, which is the result of our increasing orders in hand and pursuing intelligent scheduling and lean production to continuously improve production efficiency.

  Q: Can you introduce the supply chain empowerment again, and what additional value can it provide besides providing sales channels?

  A: The global marketing network in the company’s global smart supply chain system covers more than 120 countries and regions. In many countries, it has localized distribution capabilities and localized operation teams. Global infrastructure construction includes warehouses in eastern and western North America, Germany and Poland, distribution processing Center in Germany and Ningbo Global Supply Chain Center, which meets customers’ flexible one-stop procurement needs. The company has built a data cloud with JD.COM, which is conducive to the accumulation of vertical market and accurate production scheduling on the data side. At the same time, Ningbo Global Supply Chain Center is handed over to JD.COM for operation and management by using the experience accumulated in unmanned warehouse technology and warehousing operation in JD.COM, which better solves the problem of product line loading. Secondly, at the product quality control and testing end, these excellent domestic suppliers can also be helped to meet the access standards of overseas distributors. Thirdly, the difference between Guansheng and other peers is that GSP headquarters has a professional product and data management team to collect information on all models in the global market. Therefore, Guansheng uses many years of manufacturing and management experience and channels to empower suppliers from multiple dimensions.

  Q: What is the business logic and the logic of selecting product categories?

  A: Every product we choose will undergo market research and comprehensive analysis. Taking rubber parts as an example, this product is scattered in the field of after-sales segmentation, and the factory is small in scale, but widely used. First of all, we will choose each product according to the market demand, and then we will make a detailed analysis of competitors. If the competition for a product has become fierce, the space for this product will be relatively small, so this is also an important factor in the selection. The reason why we can generate high revenue overseas is that we can judge which products are suitable for which regional markets from the supply chain side, which is the core of our entire business logic.

  Q: What products are involved in the cooperation with SINOMACH and what are the specific advantages?

  A: The cooperation with () lies in the layout of new energy vehicles in the future. The main strategic cooperation in the future is hub motor bearing products.

  Q: Is the mode of cooperation with customers all over the world consistent?

  A: The actual situation in each country is different, so the model we face in each market is different, which is also the main advantage of our overseas channels. The United States is relatively concentrated, mainly chain stores and large purchasing groups; In recent years, Europe has also begun to tend to this model.

  Other regions are mainly local dealers, which is very different from the United States. Therefore, there are differences in the product line, because the labor cost in the United States will be more expensive, so it is mainly based on assembly, but other regional markets have both parts maintenance and final assembly products. Chain stores in the North American market do not account for all the sales, and more than half of the sales come from customers at a lower level, which is what distinguishes us from other foreign trade companies.

  Q: From the public financial statements, we can see that our income this year is considerable. How much of this is the change brought by the business model? What is the composition of profit and what is the contribution of exchange?

  A: The increase in profit is mainly attributed to the global layout of the company, the increase in gross profit margin, the internal lean production to reduce costs and increase efficiency, exchange rate factors, steel price fluctuations and other factors. The first company has a certain voice and bargaining power in the market; The second company has been promoting lean production, and the modern factory in Nanjing has a team dedicated to improving and continuously improving production efficiency; Third, the recent RMB depreciation has made some contributions; Fourth, the price of steel has dropped, but it is not much different from the same period last year. External factors are one of the reasons, and more is the change of our business model. With the increase of our scale and volume, including the increase of company informatization and lean improvement, the internal efficiency has also been continuously improved. On this basis, coupled with external factors, let our profit rate reflect better. When the situation is bad, we can improve, and when it is good, the improvement will naturally be more obvious. Therefore, the income growth is mainly caused by the improvement of core business and the change of business model.

  Q: Which do you think we should pay more attention to in two years or so, AM market and OEM market?

  A: The front-loading market is divided into two steps. For this part of OEM, we have taken a fancy to the rapid growth of new energy vehicles in China. In the short term, it is suggested to focus on the after-sales market first, because this is a very mature system and the OEM market is still in the stage of layout.

  Q: Will the tram use the transmission shaft? Is it different from the performance requirements of traditional fuel vehicles if trams are also used?

  A: All new energy vehicles and fuel vehicles will use the transmission shaft, but the performance requirements are really different, and the overall difference is not big. There is a cognitive bias in many markets that new energy vehicles don’t need a transmission shaft. At present, all new energy vehicles will also use the company’s three main products.

  Q: What are the main supplies for Jin Kang Cyrus Huawei’s M5 model?

  Answer: Mainly the products of transmission shaft assembly.

  Q: Your main focus is still on exploring more front-loading markets and more new energy vehicle companies, right?

  A: The front-loading market is a great force point for us in the future. To sum up, the source of growth is mainly divided into two parts, one is the after-sales market and the other is the supporting market. The after-sales market needs to be interpreted from two aspects. First, multi-product line loading, in addition to the existing own product line and loaded product line, will also load other products, and use the global marketing network built by the company to empower domestic excellent suppliers; Secondly, the outbreak period of automobile chassis system in the domestic market is related to the number of cars in China and the average age of the car, which is 6.5 years. Therefore, it is expected that there will be an outbreak period of replacement of chassis system components in the domestic market in the past two years. In the supporting market, we hope to cooperate with more new energy automakers, and we have taken a fancy to the future development direction of new energy vehicles.

  Q: What guidance do we have for the future income growth of AM market?

  A: The compound annual growth rate of our annual reports in the past five years is steady except for the epidemic in 2020. Due to the large initial investment and the loading of new products, it will continue to grow rapidly. The overseas market is increasing steadily, and the domestic market will also have a very high growth rate with the advent of the outbreak period in the past two years. Therefore, the growth logic of AM market has experienced some explosive growth in China, in addition to the loading of multi-product lines and the use of global smart supply chain system for empowerment.

  Q: Do we have our own products or have a strong technical accumulation to meet the demand of this new energy vehicle?

  A: The company’s main product line is still concentrated on the parts of the automobile chassis system.

  Therefore, we have a deep accumulation in automobile chassis system parts. In the supply chain, product research and development, quality control, testing and other deep accumulation. At present, all new energy vehicles are still using these traditional mechanical keys, and some new parts will be produced. In the hub bearing unit, we recently reached a cooperation with SINOMACH in motor bearings.

  Q: The company’s past history was relatively stable, and this year’s performance was particularly excellent. Is it a performance of internal achievements in the past few years?

  A: The company’s strategy formulation is more forward-looking. The company began to lay out overseas marketing networks and build overseas localization teams many years ago.

  When economies of scale are not brought into play, the cost will be relatively high and the profit will be weak. When economies of scale come into play, when the cost of input will not increase greatly because of income, the profitability will increase accordingly.

  Q: What are the advantages of the company’s products and overseas competitors? Made in China has risen very rapidly in recent years. The company has built a sales system to meet the needs of overseas markets and the dividends made in China. Is this the growth logic?

  A: You can understand it this way. At present, China manufacturing is gradually replacing overseas manufacturing, and there will be several rapid growth periods in this process. Our new product loading will focus on products that have the trend of replacing overseas manufacturing in China.

  In the market channel, we don’t position ourselves as a manufacturer in China, so the manufacturer in China is not our competitor, and our competitor is an overseas importer.

  In the future, more newly loaded product lines will be manufactured by our partners, but product sales is not just an action of selling products. How to turn products into commodities is one of our core competitiveness. First of all, we have the next level of channels overseas and locally. We should have our own brand building, understand the foreign market before we can make reasonable pricing of products, and make a product catalogue, which is a very important threshold from manufacturers to markets. This sounds simple, but if there are thousands of varieties and models of products, there is not a one-to-one correspondence between the after-sales parts and the original parts. For example, one after-sales part product can correspond to several original parts. Although the original parts are one car and one model, the actual difference is not great, and the after-sales products can be directly docked. Whether the details of after-sales parts can be manual or automatic, and when the engine model was made, this is a very high threshold, and many China manufacturers do not have the ability to make their own catalogues. There is a very important measure here, which is to measure the vehicle coverage of manufacturers. Moreover, the sales volume of GSP’s own brand accounts for nearly half at present, and our brand can be found by searching product series in Amazon.com or ebey.

  Q: How much cheaper are our overseas prices than competing products?

  A: At the stage when China’s manufacturing has the potential to replace overseas manufacturing, Europe and the United States spend two or three hundred dollars each, while China can achieve fifty or sixty dollars. Therefore, before the United States imposed tariffs, it didn’t play a role for China manufacturers, because the entire industrial chain in China is already very complete, and the price range is also very different. In the future, we should find products with such potential, and do marketing empowerment and market empowerment, so that we can participate in this replacement process.

  Q: We have accumulated experience through the product of transmission shaft. At present, we are making simultaneous efforts in category expansion and channel sinking. Does the channel sinking company have any plans? Did it go well?

  A: At present, the channel sinking in the United States and Europe has been completed, and the localization operation in Mexico and Poland was completed last year. Next, we will choose the top 20 countries in the world to set up a marketing network. These top 20 countries have nearly 78% of the car ownership, which can radiate nearly 90% of the car ownership market.

  So far, it’s going well. We’ve opened points in Mexico and Poland. Before our channels sank, for example, the United States and Germany were developed countries, while Poland and Mexico were developing countries. This model is still no problem. It will be enough to continue horizontal loading in the future, and the successful experience we have can be replicated simultaneously.

  Q: The replacement demand of domestic new forces for localization in OEM market is very close. At present, the company has cooperated with Jin Kang Sailis and Weimar, which is equivalent to being recognized by the core enterprises. How fast will it enter other new energy vehicle customers? Are the products supplied still the three main products?

  A: The products supplied are not limited to these categories. At present, we have cooperation with SINOMACH.

  The future will be considered in two steps. Now, to be an OEM supplier, one must have a quantity, and the other must have an industry position in the pre-installation market. The company’s three main products can generate sales volume, and also gain industry status in the front-loading market. In addition, we are still making some layouts for new energy vehicles in the future. The biggest difference of new energy vehicles is not only the increase in quantity, but also the new technological innovation, which will breed many new parts. These technologies can be manufactured by traditional fuel manufacturers but need new technology investment. For example, recently, we cooperated with SINOMACH in hub motor bearings. Its key technology lies in its extremely fast speed and its ability to meet the characteristics of electric erosion. Once we have this ability, the price can be raised several times. At present, the direct competitors of this product are SKF and Schaeffler. They sell for two or three hundred yuan each, and we can reduce the cost to less than one hundred.

  The specific selling price will be combined with the sales volume of the product, and the profit of the product will be relatively rich in theory.

  Q: When can we expect to see the products cooperated with SINOMACH?

  A: It is still uncertain;

  The main business of Wenzhou Guansheng Auto Parts Group Co., Ltd. is the research and development, production and sales of automotive transmission system parts. The company’s main products are constant velocity universal joint, transmission shaft assembly and hub bearing unit. Further, the company’s products are sold in six continents: Europe, North America, South America, Asia, Oceania and Africa, and its marketing network covers more than 120 overseas countries and regions. The company has also won the honorary titles of "National Automobile Parts Export Base Enterprise", "Advanced Customs AEO Certification Enterprise" and "China Automobile Parts Industry Famous Enterprise".

  Details of participating institutions are as follows:

Name of participating unit Category of participating units Name of participants Huatai bairui fund management co., ltd Fund company Du Cong Baoying fund management co., ltd Fund company Chen Jinwei Guangfa fund management co., ltd Fund company Duan Tao Guojin securities co., ltd securities company Qiu Changwei Haitong Securities Company Limited securities company Chen Xiaohang

"Made in Shanghai" new energy vehicles should be competitive to the high end. In the past year, new models of Zhiji and Feifan have been listed one after another, all of which are aimed at the market

Reporter zai Fei

"Save globalization! Buy a China electric car! " Last year, a British magazine introduced the new trend of China’s new energy vehicle export on this topic, and said in the subtitle: "Electric vehicles can prevent the world from decoupling."

In recent years, the export of new energy vehicles in China has become a new phenomenon that cannot be ignored all over the world. In 2021, China’s exports of new energy vehicles account for one third of the world’s total, making it the largest exporter of new energy vehicles in the world. Last year, the export scale of new energy vehicles in China doubled on the basis of 2021, reaching 679,000 vehicles.

No wonder the reporter of this magazine said about his car selection experience: "Some of the most attractive electric cars in the European market are either made in China (Tesla) or China brand (SAIC MG)."

Shanghai is an important force in the export of new energy vehicles in China. Tesla Giga Shanghai alone accounts for half of China’s new energy vehicle exports. Another big factory, SAIC, has won the top spot in the export of domestic car companies for seven consecutive years, and a large part of the export models are new energy vehicles.

But strong export is not the whole story. Shanghai automobile industry is soberly aware that in the surging new energy automobile market in China, the voice of Shanghai automobile is not loud, and there are not many models with market influence, especially high-end models; Although Shanghai’s automobile production ranks among the top in the country and keeps growing, the industry profit rate has declined instead of increasing. Shanghai, a traditional automobile industry town, is exploring the transformation and upgrading to high-end, green and intelligent.

The export volume and quality of new energy vehicles are rising at the same time

On July 20th last year, the first batch of thousands of SAIC MG MULAN (named MG4 ELECTRIC overseas) meandered at Haitong Wharf, waiting to be transported to Zeebrugge Port, Belgium. This is a new energy vehicle designed by SAIC for global consumers: in Europe, the interior is simple and the chassis is tough; In the hot Middle East, strengthen air conditioning and rapid refrigeration; In mountainous areas such as Chile, the climbing ability of vehicles is improved by 20%. MG MULAN is therefore also known as the "global car".

Andrew Stewart, sales director of SAIC MG UK, said: "MG is one of the fastest growing automobile brands in the UK. The car itself is very well made, cost-effective and full of technology. MG is sold in more than a dozen European countries. In 2020, there were only 65 outlets, and now it is close to 650. "

Represented by MG brand, SAIC sold 1.017 million vehicles in overseas markets in 2022, up 45.9% year-on-year. In terms of proportion, for every three China cars sold overseas, one is made by SAIC.

Tesla Giga Shanghai is also the main exporter of new energy vehicles in China. Last year, this factory delivered a total of 710,000 Tesla vehicles, of which 270,000 were exported overseas, accounting for about 40% of the country’s total export of new energy vehicles that year.

While the total export volume of new energy vehicles in Shanghai has increased, the export products and export destinations have also undergone major changes. Supported by the Shanghai Fair Trade Project, the 2022 International Competitiveness Report of Shanghai New Energy Automobile Industry issued by the Research Center of New Economy and Industry International Competitiveness of Shanghai Academy of Social Sciences holds that the transformation is mainly reflected in two points: First, the export of products takes the lead in realizing new energy. Since 2019, the export of Shanghai’s automobile industry has begun to change to new energy automobile products, and a large part of the new export volume and the original export volume have been transformed into new energy automobile products; Second, the target market takes the lead in conquering the highest-end market in the world. The export of Shanghai’s new energy automobile industry to European countries has greatly improved, and the European Union has become the largest export region of Shanghai’s new energy automobile industry.

Tang Yunyi, deputy director of the Institute of Applied Economics of Shanghai Academy of Social Sciences, said: "The international competitiveness of Shanghai’s new energy vehicles first stems from the complete layout. In 1980s, with the foundation of SAIC-Volkswagen in Anting, Shanghai’s automobile industry was integrated into the global industrial division of labor system, and these years have always followed the pace of industrial transformation. Secondly, Shanghai has always insisted on "walking on two legs", that is, independent research and development and introduction and absorption are carried out simultaneously, and the two promote each other. Finally, in the global supply chain industry chain, Shanghai’s hub and node functions are very important, which is also fully reflected in the new energy automobile industry. "

Shanghai needs local high-end new energy brands.

In recent years, we have seen the improvement of the international competitiveness of Shanghai’s automobile industry, but on the other hand, we can also see that Shanghai is not prominent in the domestic new energy automobile industry.

Looking at the national new energy vehicle market, regardless of BYD’s sales of 1.86 million vehicles last year, even new forces whose sales failed to meet expectations, such as "Wei Xiaoli" (Wei Lai, Tucki, Ideal), Nezha and Zero Run, all crossed the 100,000-vehicle mark. Ai ‘an, a new energy brand under the traditional car company Guangzhou Automobile Group, sold a total of 270,000 vehicles last year, second only to BYD and Tesla. In addition to the wholly foreign-owned brand Tesla, Shanghai needs more local new energy brands with market influence.

There is also a hidden worry related to this: the profit rate of Shanghai automobile industry has dropped significantly in recent years. The International Competitiveness Report of Shanghai New Energy Automobile Industry in 2022 calculated that this data decreased from 16.33% in 2018 to 7.77% in 2021, a decrease of more than 50%.

Industry researchers believe that the decline in profit margins is first and foremost a global industrial phenomenon, not only in Shanghai. Tang Yunyi said: "The price of upstream raw materials, such as energy storage batteries, continues to rise, which leads to great cost pressure and reduces the profit margin of vehicle manufacturers. The supply chain was affected by the epidemic, and it was intermittent, which caused interference to the operation. In addition, the competition in the new energy vehicle market is also very fierce, and various manufacturers have to compress profit margins in order to seize the market. "

As a city with a long history of automobile industry, Shanghai’s new energy automobile industry has also encountered a transformation problem that the new forces of making cars have not. In the past, whether it is a joint venture brand or a local brand, most of the profits came from fuel vehicles. However, since 2018, the auto market in China has been continuously adjusted back, and with the strong rise of new energy vehicles, not only the sales volume of fuel vehicles has declined year by year, but also the net profit of bicycles has declined simultaneously.

Although Shanghai’s automobile industry has gradually turned to new energy sources, these new energy vehicles generally have low unit prices and meager profits, which are not enough to make up for the lost profits in the fuel vehicle market. In 2021, SAIC-GM-Wuling sold 1.76 million vehicles, but the net profit of returning to the mother was only 1.135 billion yuan, and the net profit of bicycles was 645 yuan.

Shanghai automobile industry has realized that in order to improve profit rate and competitiveness, it is necessary to take the road of high-end, green and intelligent. In 2020, SAIC, Zhangjiang Hi-Tech and Ali cooperated to establish Zhiji Automobile, and the R brand became Feifan Automobile independently. In the past less than a year, new models such as Zhiji L7, Feifan R7 and Zhiji LS7 have been listed one after another, all of which are aimed at the high-end market of more than 300,000 yuan. Synchronizing with the high-end route is the high investment in R&D. In 2021, SAIC spent 20.6 billion yuan on R&D (the data for 2022 has not yet been released), which not only surpassed "Wei Xiaoli", but also overwhelmed BYD, which is in the limelight, ranking first among China car companies. A large part of these R&D funds are spent on new energy projects.

"Car companies not only need to accelerate technology iteration and form more competitive new energy products, but also pay more attention to the after-use and after-service markets. For example, in the use environment of intelligent networking, the maintenance of core components of new energy vehicles is largely controlled by intelligent software, which requires the use of more accurate and rigorous maintenance equipment. These new markets will extend the industrial chain length of automobiles, improve the value space, and also put forward new requirements for the operation system and talent system. " Tang Yunxi said.

At the beginning of the new year, new energy subsidies have been withdrawn, Tesla’s price has been drastically reduced, and BYD has been looking up to the brand to launch a million-dollar SUV…… … These major events that test the brand positioning and profit margin of the automobile industry have come one after another, and more intense competition is just around the corner.

Ministry of Industry and Information Technology: In March, the automobile production and sales decreased by 44.5% and 43.3% respectively.

  Beijing, April 14 (Xinhua) According to the website of the Ministry of Industry and Information Technology, the Ministry of Industry and Information Technology recently released the economic operation of the automobile industry in March 2020. The data shows that in March, the production and sales of automobiles were 1.422 million and 1.43 million respectively, down by 44.5% and 43.3% respectively. From January to March, the production and sales of automobiles were 3.474 million and 3.672 million respectively, down by 45.2% and 42.4% respectively.

  According to reports, in March, 2020, with the phased results of epidemic prevention and control in COVID-19, auto companies accelerated their resumption of work and production, production and operation resumed in an orderly manner, and the auto market gradually picked up, but the overall production and sales were still at a low level.

  Car sales in March decreased by 43.3% year-on-year.

  In March, the production and sales of automobiles were 1.422 million and 1.43 million respectively, down by 44.5% and 43.3% respectively.

  From January to March, the production and sales of automobiles were 3.474 million and 3.672 million respectively, down by 45.2% and 42.4% respectively.

Image source: website of Ministry of Industry and Information Technology

  — — In March, passenger car sales decreased by 48.4% year-on-year.

  In March, the production and sales of passenger cars were 1.049 million and 1.043 million respectively, down by 49.9% and 48.4% respectively. In terms of vehicle types, the production and sales of cars were 493,000 and 491,000 respectively, down by 50.3% and 48.6% respectively. The production and sales of SUVs were 498,000 and 485,000 respectively, down by 44.8% and 43.9% respectively. The production and sales of MPV were 35,000 and 46,000 respectively, down by 77.3% and 70% respectively. The production and sales of crossover passenger cars were 22,000 and 21,000 respectively, down by 48.6% and 58.2% respectively.

  From January to March, the production and sales of passenger cars were 2.684 million and 2.877 million respectively, down by 48.7% and 45.4% respectively. In terms of vehicle types, the production and sales of cars were 1.233 million and 1.325 million respectively, down by 50.4% and 47.6% respectively. The production and sales of SUVs were 1.288 million and 1.372 million respectively, down by 43.1% and 39.6% respectively. The production and sales of MPV were 114,000 and 136,000 respectively, down by 70.4% and 63.3% respectively. The production and sales of crossover passenger cars were 49,000 and 45,000 respectively, down by 51.1% and 54.1% respectively.

Image source: website of Ministry of Industry and Information Technology

  In March, China brand passenger cars sold 433,000 vehicles, down 48.2% year-on-year, accounting for 41.5% of the total passenger car sales, and its share increased by 0.2 percentage points year-on-year.

  From January to March, the cumulative sales of China brand passenger cars was 1.155 million, down 47.3% year-on-year, accounting for 40.1% of the total sales of passenger cars, and the share decreased by 1.5 percentage points year-on-year. Among them, the sales volume of cars was 265,000, down 48.7% year-on-year, with a market share of 20.1%; The sales volume of SUVs was 752,000 units, down 41.3% year-on-year, with a market share of 54.8%. MPV sold 91,000 vehicles, down 69% year-on-year, with a market share of 67.2%.

  — — Commercial vehicle sales in March decreased by 22.6% year-on-year.

  In March, the production and sales of commercial vehicles were 373,000 and 388,000 respectively, down by 20.3% and 22.6% respectively. In terms of vehicle types, the production and sales of trucks were 341,000 and 357,000 respectively, down by 20.3% and 22.1% respectively. The production and sales of passenger cars were 32,000 and 31,000 respectively, down by 20.9% and 28% respectively.

  From January to March, the production and sales of commercial vehicles were 790,000 and 794,000 respectively, down by 28.7% and 28.4% respectively. In terms of vehicle types, the production and sales of trucks were 721,000 and 728,000 respectively, down by 29.3% and 28.2% respectively. The production and sales of buses were 69,000 and 66,000 respectively, down by 22.9% and 30.7% respectively.

Image source: website of Ministry of Industry and Information Technology

  In March, the sales of new energy vehicles decreased by 53.2% year-on-year.

  In March, the production and sales of new energy vehicles were 50,000 and 53,000 respectively, down by 56.9% and 53.2% respectively. In terms of vehicle types, the production and sales of pure electric vehicles were 38,000 and 40,000 respectively, down by 58.5% and 55.6% respectively. The production and sales of plug-in hybrid vehicles were 11,000 and 13,000 respectively, down by 50.2% and 44.1% respectively. The production and sales of fuel cell vehicles were 38 and 36 respectively, of which the output increased by 5.6% year-on-year, and the sales volume was the same as the same period.

  From January to March, the production and sales of new energy vehicles were 105,000 and 114,000 respectively, down by 60.2% and 56.4% respectively. In terms of vehicle types, the production and sales of pure electric vehicles were 77,000 and 85,000 respectively, down by 61.8% and 58.6% respectively. The production and sales of plug-in hybrid electric vehicles were 28,000 and 29,000 respectively, down by 55% and 48.5% respectively. The production and sales of fuel cell vehicles were 183 and 207 respectively, down by 19.7% and 7.2% respectively.

Image source: website of Ministry of Industry and Information Technology

  From January to February, the main business income of key enterprises decreased by 32.8% year-on-year.

  From January to February, the main business income of key enterprises (groups) in the automobile industry totaled 382.7 billion yuan, down 32.8% year-on-year; Accumulated profits and taxes totaled 21.16 billion yuan, down 65.1% year-on-year.

  Automobile exports increased by 0.8% year-on-year in March.

  In March, 91,000 vehicles were exported, a year-on-year increase of 0.8%. In terms of models, the number of passenger cars exported was 68,000, a year-on-year increase of 21.9%; The number of commercial vehicles exported was 23,000, a year-on-year decrease of 33.8%.

  From January to March, 204,000 vehicles were exported, down 11.5% year-on-year. In terms of models, the number of passenger cars exported was 154,000, a year-on-year increase of 5.3%; 50,000 commercial vehicles were exported, down 40.7% year-on-year.