Internet

Shanghai Municipal People’s Government and Ant Technology Group Co., Ltd. signed a strategic cooperation agreement in Shanghai.

Shanghai Municipal People’s Government and Ant Technology Group Co., Ltd. signed a strategic cooperation agreement in Shanghai on the 31st. According to the agreement, Ant Group will increase its investment in cutting-edge technology research, actively participate in the ecological construction of Shanghai artificial intelligence industry and the construction of blockchain industry innovation platform, and help the construction of Shanghai International Science and Technology Innovation Center.

JD.COM urgently formulates anchor recruitment plan and does not assess GMV.

The reporter was informed of an internal screenshot of JD.COM. The screenshot shows that in the work group named "JD.COM Live Anchor Recruitment Promotion", a person from JD.COM issued a notice: JD.COM is urgently making an anchor recruitment plan, and it does not require GMV and gross profit assessment for the recruitment anchor. (science and technology innovation board Daily)

Oriental Selection: New Oriental and Yu Minhong promised to buy a total of HK$ 700 million company shares at the market price.

On the evening of January 31, Oriental Selection announced on the Hong Kong Stock Exchange that Oriental Selection and New Oriental jointly announced that the Board of Directors of Oriental Selection and New Oriental had approved the termination of the subscription agreement and concluded a termination agreement. New Oriental and Yu Minhong have each undertaken to purchase a total of HK$ 700 million worth of Oriental Select shares on the Stock Exchange at market prices.

[Big consumption]

Is the 200 million year-end award a Gree mobile phone? Gree Electric: The news is not true

On the evening of January 31st, Gree Electric issued a statement saying that it was untrue that the company issued a year-end bonus of 200 million yuan to send Gree mobile phones. Recently, Gree Electric paid attention to the false news circulating on the Internet, such as "On January 28th, Chairman Dong Mingzhu said at the Gree 2024 Global Dream Festival that the bonus of 200 million yuan was actually a Gree mobile phone", and made three statements. First of all, in order to better adapt to the company’s work software, facilitate mobile office work and improve work efficiency, Gree Electric decided to provide each employee with free work mobile phones (including free communication packages), which will be distributed in batches around the Spring Festival. Secondly, the year-end bonus of 200 million yuan increased by Gree Electric has nothing to do with the free work mobile phone. The scope of the year-end bonus increased does not include middle and senior cadres, and the increased part is inclined to front-line employees. In addition, Gree Electric reserves the right to investigate the legal responsibility of media and individuals who spread rumors and rumors according to law.

Starbucks China’s revenue increased by 20% in the first quarter, saying that it would not participate in the price war.

On January 31st, Starbucks announced the first quarter results of fiscal year 2024. During the reporting period, Starbucks’ operating income reached 9.4 billion US dollars (excluding the impact of exchange rate changes), an increase of 8.16% year-on-year; The net profit was $1.024 billion, up 19.78% year-on-year. During the reporting period, Starbucks China’s revenue increased by 20% to $735 million (excluding the impact of exchange rate changes), same-store sales increased by 10%, and same-store transaction volume increased by 21%. When many coffee brands joined the price war in 2023, Starbucks said it was not interested.

Ruixing applied for the trademark of sauced chocolate.

Tianyancha App shows that recently, Luckin Coffee (China) Co., Ltd. applied to register the trademarks of "Ruixing Sauce-flavored Chocolate" and "Sauce-flavored Chocolate". The international classification is catering and accommodation, and the current trademark status is pending substantive examination.

[technology circle]

Microsoft is betting on the rapid growth of artificial intelligence, and the growth rate of Azure cloud business is still slowing down.

Microsoft’s efforts to continue betting on artificial intelligence in the past year are reflected in the latest financial report. On January 31st, Microsoft announced its financial report for the second quarter of fiscal year 2024 (as of December 31st, 2023). The financial report shows that Microsoft’s revenue in the last quarter was $62 billion, an increase of 18% year-on-year. Net profit was $21.9 billion, up 33%, exceeding Wall Street’s expectations. After the bright financial report was released, Microsoft’s share price once fell more than 1% after hours. In this regard, analysts believe that it may be because the growth rate of Azure is still slowing down.

[Car ring]

The first car that Huawei cooperated with Jianghuai was a million-dollar car, which was officially launched in the fourth quarter of this year against the BMW 7 Series.

On January 31, the First Financial Reporter learned from people familiar with the matter that the first car jointly built by Huawei and Jianghuai Automobile was not the previously rumored MPV, but a million-class car. The new car is expected to be officially listed in the fourth quarter of this year. At present, the construction of Anhui Feixi Super Factory, which is responsible for producing the cooperative models of Huawei and Jianghuai Automobile, is nearing completion.

Chery and Huawei cooperate badly? Here comes the response.

In view of the rumors that there are many frictions in the cooperation between online legend Rui and Huawei, on January 31, Chery’s spokesperson Jin Yibo told the First Financial Reporter that the online rumors were not true and the cooperation between the two parties was smooth. Chery’s recent executives left the company not because of the cooperation project. Chery and Huawei are making every effort to promote the production and delivery of Zhijie S7. They have invested more resources and will continue to deepen their cooperation.

Xiaomi Automobile plans to mass-produce in February, and it is expected to produce 10,000 vehicles per month in July.

It was learned from a number of industry professionals that the first car of Xiaomi Automobile, SU7, will officially enter the SOP(Start of Production) stage in the middle and late February and start mass production. It is reported that in the first month after SOP, that is, in March, the output is planned to be around 2,000 vehicles, and it is expected to complete the capacity climbing in mid-2024, and the output in July can reach more than 10,000 vehicles. (36Kr)

Weilai established an innovative technology service company in Beijing with a registered capital of 250 million.

Tianyancha App shows that Weilai Innovation (Beijing) Technology Service Co., Ltd. was recently established, with Chen Tianyang as the legal representative and a registered capital of 250 million RMB. Its business scope includes artificial intelligence application software development, digital culture creative software development, new energy vehicle sales, charging pile sales, Internet sales, clothing retail, used car brokerage, motor vehicle appraisal and evaluation, catering service, food sales, tourism business, etc. The panoramic view of equity shows that the company is wholly-owned by Weilai Automobile Sales & Service Co., Ltd., which is a wholly-owned subsidiary of Weilai Holdings Co., Ltd.

Toyota Motor Corporation announced the recall of 790,000 vehicles due to problems with body parts.

On January 31, local time, Toyota Motor Corporation reported to Japan’s Ministry of Land, Infrastructure, Transport and Tourism that it recalled 793,300 vehicles of three models produced from December 2019 to January 2024. According to the information of Japan’s Ministry of Land, Infrastructure, Transport and Tourism, because the durability of the parts connected with the front wheel and the body of the relevant models may be insufficient, driving in areas where snowmelt agents are frequently used may lead to corrosion or cracks, and even make the vehicles unable to drive. (CCTV News)

Guangzhou Automobile Ai ‘an’s first overseas production base officially started to design with an annual production capacity of 50,000 units.

According to Aeon official micro-news, Guangzhou Automobile Aeon Thailand factory project officially started on January 26th in Luo Yong Industrial Park, Rayong, Thailand. As the first overseas production base of Guangzhou Automobile Ai ‘an, total investment of the project, a Thai factory, is 2.3 billion baht, with a designed annual production capacity of 50,000 units. It will be built in two phases, and the first phase is scheduled to be completed in July this year. The first model to be put into production is the right rudder version of AION Y Plus, which is currently selling well in Thailand.

55 billion dollars in salary was invalidated. Musk’s wealth will be greatly reduced. I responded sharply.

On Tuesday, January 30th, Musk’s $55 billion salary scheme in Tesla was declared invalid by the Chief Justice of the Court of Equity in Delaware, and this huge option reward scheme was ruled as "unfair". These options are one of Musk’s most valuable assets. If removed, his net worth will drop to $155 billion, making him the third richest man in the world. Musk posted a sharp response on the same day: "Never register a company in Delaware" and voted on whether Tesla should change its registered place to Texas.

Australian government: 5,200 Mazda cars were recalled due to manufacturing defects.

On January 31, local time, the Australian federal government informed that as of January 30, more than 5,200 Mazda CX-60 and CX-90 models had been recalled. According to the government department of the country, these 2024 models have manufacturing defects, which may lead to increased steering force, easy to cause accidents, and increase the risk of injury or death of people inside the car or other traffic participants. (CCTV News)

[real estate]

Evergrande Real Estate was enforced by 1.3 billion yuan.

Tianyancha App shows that from January 29th to 30th, Evergrande Real Estate Group Co., Ltd. added 20 pieces of information about the persons to be executed, with the total amount of execution targets being more than 1.347 billion yuan, involving cases such as advertising contract disputes and bill disputes. Some cases were also executed by Evergrande Real Estate Group (Shenzhen) Co., Ltd. and Jiantao Digital Development (Shenzhen) Co., Ltd., and the enforcement courts included Guangzhou Huangpu District People’s Court and Shenzhen Intermediate People’s Court. According to the risk information, Evergrande Real Estate Group Co., Ltd. has more than 470 pieces of information about executed persons, and the total amount of execution exceeds 46.8 billion yuan. In addition, the company also has a number of consumption restriction orders, untrustworthy executors (Lao Lai) and final case information.

[medical circle]

The first batch of 16,000 liters of Yaoming Bio-Ireland Base was successfully produced.

On January 31st, Yaoming Bio announced that its No.7 Biopharmaceutical Raw Liquid Production Plant (MFG7) had successfully completed the first batch of production, which laid the foundation for large-scale commercial production in Ireland. By combining four 4000-liter disposable bioreactors, the production reached the production scale of 16000 liters in a single batch. This industry-leading production mode not only marks the first successful production of MFG7, but also the largest single batch production scale of Yaoming Bio.

[new energy]

Contemporary Amperex Technology Co., Limited established a new energy company in Changzhou.

Tianyancha App shows that Changzhou Jintan Runkai New Energy Co., Ltd. was recently established with David as the legal representative and a registered capital of 1.34 million RMB. Its business scope includes research and development of emerging energy technologies, technical services of solar power generation, heat production and supply, contract energy management, and research and development of online energy monitoring technology. The panoramic view of equity shows that the company is wholly owned by Times Green Energy Co., Ltd., which is a wholly-owned subsidiary of Contemporary Amperex Technology Co., Limited.

Financial circles

But Bin’s Oriental Harbor was sued by investors, and the court ruled that it was rejected.

Oriental Harbor said: It is understood that the relevant matters have been rejected by the court. Please refer to the court’s ruling. At the same time, Oriental Harbor has always put compliance and legal operation first, always put investors’ interests first, respected national laws, followed court decisions, and reserved the right to pursue its legal responsibility for any situation that caused troubles for no reason and fabricated facts at will, which may even seriously affect our reputation or cause great negative impact. (The Paper)

(Editor: Zheng Jiawei)

　　　[car home Technology] Honda has been deeply involved in the field of automobile hybrid for a long time. Honda began to promote hybrid cars in 1999, and now it has accumulated technology for 20 years. In the past two decades, in order to meet the changes in the market and the diversified choices of customers, Honda’s hybrid system has spread to various important models, from the people-friendly Fit to the high-end NSX, and this year it has also expanded to MPV models (|), Ailishen), and the product selectivity has become more diverse. In addition, the i-MMD plug-in hybrid system based on the overall upgrade of Honda’s i-MMD hybrid system will also be officially unveiled in the China market next year. According to the introduction of engineers from Honda Institute of Technology, this plug-in hybrid system (PHEV) based on i-MMD basically realizes pure electrification in daily driving, which can be called a brand-new plug-in hybrid system infinitely close to EV.

　　Before the 11th National Day, I came to Guangzhou specially and had a detailed exchange with engineers from Honda Institute of Technology who came from Japan. This article will introduce this i-MMD plug-in hybrid system in detail. If you have any questions, you are welcome to discuss it in the message area.

◆ Preface: Starting from the promotion history of Honda hybrid cars.

　　In order to let everyone know better about Honda’s newly released i-MMD plug-in hybrid system, I think it is necessary to briefly explain Honda’s promotion in the field of hybrid vehicles, so as to have a more comprehensive understanding of new technologies in the future.

　　Generally speaking, IMA design is very clever, and at the same time, because the motor has low power and small volume, it can be well integrated in the engine compartment, so the biggest feature of this mechanism is simple structural design, light weight and compact layout.

　　The Civic Hybrid model based on the seventh generation Civic (overseas version) has also entered the domestic market, and it is also the second hybrid model launched by Honda after INSIGHT. Civic Hybrid is also equipped with IMA hybrid system with engine as the main power and motor as the auxiliary power.

　　In IMA system, the position of motor is very low, which is similar to the function of 48V BSG motor from the present point of view. The difference is that this system switches the working mode instead of the power distribution mode. To put it simply, Honda IMA hybrid system has five working modes, in which the engine and motor work together in the initial acceleration stage, rapid acceleration and high-speed driving stage, which can improve the dynamic performance of the vehicle. When the vehicle runs at a low speed, the engine cylinder is closed, and the vehicle can be driven by full electric power, but the speed cannot be higher than about 40 km/h. When the vehicle is completely driven by the engine in the ordinary acceleration stage, the motor is out of work and charged with the kinetic energy of the engine.

　　A big problem with this system is the above-mentioned engine off and full electric drive condition. When the engine is turned off here, it actually turns off the oil supply system and the intake and exhaust. At this time, the motor is connected with the crankshaft, and the motor actually drives the crankshaft to rotate and output power. At this time, more energy will be consumed, and the mileage of pure electric driving is very low.

　　The appearance of IMA marks that Honda has officially begun to exert its strength in the hybrid field, and it is also the starting point for Honda. In addition, many R&D concepts of this system, including integration and miniaturization, have had a far-reaching impact on the later iMMD system. Even the i-MMD plug-in system released this time can still see some R&D concepts in the IMA era.

◆ Fundamentally: Honda’s mixed "spiritual leader"

　　With the innovation of technology and the change of market, Honda is obviously aware of the limitations of IMA. At the same time, compared with Toyota’s THS, Honda’s IMA is really not cheap. A more efficient and more dynamic hybrid system is coming out. This is Honda i-MMD system. This system appeared around 2010, and the structure changed from single motor to double motor. The layout is still compact and combined with the engine and installed in the engine compartment. In fact, we have introduced and tested Honda’s i-MMD system in detail before. In this article, we only make a simple review, which will help you to understand the plug-in hybrid system of i-MMD more clearly (plug-in hybrid is essentially an upgrade of i-MMD system), and also better understand the working principle of i-MMD plug-in hybrid system.

　　I-MMD system can be divided into two parts according to the layout structure: one is located in the engine compartment, and the other is located in the rear of the car (between the trunk and the rear axle). The engine compartment is mainly the power system and transmission system of i-MMD system. The trunk is a power battery (lithium ion) device.

　　In the world of unplugged hybrid systems, the logic of the i-MMD system is very unique. If Toyota relies on engines and motors to mix in different proportions, then the i-MMD system is more like switching by different driving modes.

　　It can be seen that EV mode is driven by electric motor, and the engine of i-MMD system can not work at all in pure electric mode because of the direct clutch of engine and the addition of higher power motor, thus avoiding the extra loss of power in IMA before. However, even with the i-MMD system, the mileage in pure electric mode is very short. For example, the battery of the 2016 hybrid Accord is only 1.3kWh, and we tested pure electric driving at 30km/h (without air conditioning), which is only 1.77km. (Test article: Satisfy your curiosity. Deep technical interpretation of Hybrid Accord)

　　The hybrid mode is the standard series mode, which is a bit like the feeling of extended range. The engine does not participate in direct wheel drive, but drives the generator to generate current, which drives the motor to work together with the current in the battery, and finally drives the vehicle forward.

　　Only when cruising at high speed will the engine directly drive the wheels, at this time, the engine can keep in the optimal speed range and achieve a good fuel consumption performance.

　　In Honda i-MMD system, the motor plays a more important role, so the maximum power or torque of the motor is better. In daily use, it is more inclined to the direct output of the motor, and the engine is somewhat similar to the extended range.

　　Toyota’s THS is more inclined to engine-driven vehicles, and the motor is more auxiliary, such as assisting when accelerating, assisting when starting, etc. These assists are more to keep the engine in an economical speed range, thus improving fuel economy.　　

　　[car home Information] A few days ago, the official map of the new generation (|)/BMW i5 was leaked and its styling was exposed. The new car will be released on May 24th. It is worth mentioning that this car will be made in China next year.

　　The new car adopts the latest family-style design, and the front face is more tough than the current BMW 5 Series. This is reflected in the angular front grille, sports style front enclosure and brand-new headlights. However, from this point of view, the C-pillar has a large inclination angle and looks very slippery.

　　The interior of the car has also been exposed before, and it also adopts the latest family style, including large-size continuous screen design and new style steering wheel. The new car will be equipped with iDrive 8.5 system, and the intelligence will be further improved.

　　In terms of power, BMW i5 will provide both eDrive 40 and M60 xDrive, and the entry-level model will be equipped with a rear motor with a maximum power of 335 HP. The M60 is equipped with a stronger dual motor with a maximum power of 590 HP. In addition, the 5 Series will also provide fuel version and plug-in hybrid version, in which the fuel version will be equipped with 2.0T and 3.0T engines, and the plug-in hybrid version is expected to have 530e, 545e and 550e versions. (Text/car home Chen Hao)

Fast Technology reported on April 17th that this afternoon, Huawei released a series of new products, such as nova 11, Wenjie M5 Intelligent Driving Edition, Wenjie M9, MateBook D 14/16, Huawei Bracelet 8, etc. There are dozens of models in total. Let’s look at the price summary.

Huawei nova 11 series

Nova 11 128GB version is priced at 2499 yuan.

Nova 11 256GB version is priced at 2799 yuan.

Nova 11 256GB+ Kunlun glass version is priced at 2999 yuan.

Nova 11 512GB+ Kunlun glass version is priced at 3399 yuan.

Nova 11 Pro 256GB version is priced at 3499 yuan.

Nova 11 Pro 256GB+ Kunlun glass version is priced at 3699 yuan.

Nova 11 Pro 512GB+ Kunlun glass version is priced at 3999 yuan.

Nova 11 Ultra 512GB+ Kunlun glass version is priced at 4499 yuan.

The extended service guarantee is priced at 268 yuan for one year.

The one-year/two-year price of the broken screen service treasure is 399/639 yuan.

Huawei enjoys 60X.

The 128GB version is priced at 1799 yuan.

The 256GB version is priced at 1999 yuan.

The 512GB version is priced at 2299 yuan.

The extended service guarantee is priced at 268 yuan for one year.

The one-year/two-year price of the broken screen service treasure is 399/639 yuan.

AITO bound M5 series:

There are 279,800 versions of the M5 rear-drive intelligent driving edition.

There are 299,800 versions of M5 four-wheel drive intelligent driving in the world.

There are 289,800 versions of the M5 pure electric rear-drive intelligent driving.

The M5 pure electric four-wheel drive intelligent driving version starts from 309,800.

AITO world M9 series

The specific price of this new product pre-sale of M9 has not been announced.The estimated price range of the extended range version/pure electric version is 500,000-600,000 yuan, which is the most expensive product in this conference.

Huawei MateBook D notebook series:

MateBook D 14 Core i5-1340P+16GB+512GB version is priced at 5099 yuan.

MateBook D 14 Core i7-13560P+16GB+1TB version is priced at 6099 yuan.

The one-year price of extended service treasure (purchased with the new machine) is 198 yuan.

MateBook D 16 Core i5-13500H+16GB+1TBB version is priced at 5699 yuan.

MateBook D 16 Core i7-13700H+16GB+1TBB version is priced at 6699 yuan.

MateBook D 16 Core i9-13900H+16GB+1TBB version is priced at 7199 yuan.

The one-year price of extended service treasure (purchased with the new machine) is 198 yuan.

Huawei Smart Screen Series:

Huawei Smart Screen S3 Pro 65-inch price 5999

Huawei Smart Screen S3 Pro 75-inch price 7999

Smart screen full warranty three-year price from 398.

Smart screen full warranty four-year price from 498.

Smart screen full warranty five-year price from 798.

Huawei Smart Door Lock Series:

Huawei Smart Door Lock Pro is priced at 3699

Huawei smart door locks are priced at 2499.

Huawei bracelet 8 series

The standard version is priced at 269

The standard nylon braided strap is priced at 279.

NFC version is priced at 309

NFC nylon braided strap is priced at 319.

The one-year price of extended service treasure is 68, which is also the cheapest product this time.

Huawei Car Charger Series:

Huawei universal car charger (Max 88w) costs 249.

Huawei universal car charger (Max 25W) costs 119.

Huawei charger series:

Huawei rock sugar universal charger (SuperCharge Max 40 w)

Package with data cable is priced at 169

Charger item price is 139

Huawei card universal charger (SuperCharge Max 66 W) costs 299.

Huawei universal charger (Max 88w) costs 249.

Huawei 12000 66W SuperCharge Multi-protocol Two-way Super Fast Charging Mobile Power Supply Price 399

Zhongzheng intelligent caixun (603719) The 2023 Annual Report was disclosed on April 26th. In 2023, the company achieved a total operating income of 8.046 billion yuan, a year-on-year decrease of 14.76%; The net profit of returning to the mother was 180 million yuan, a year-on-year decrease of 46.26%; Deducting non-net profit was 65.1418 million yuan, a year-on-year decrease of 68.82%; The net cash flow from operating activities was 1.28 billion yuan, a year-on-year increase of 1,144.38%; During the reporting period, the basic earnings per share of good shops was 0.45 yuan, and the weighted average return on equity was 7.43%. The company’s annual profit distribution plan for 2023 is: it is planned to distribute 2.25 yuan (including tax) to all shareholders for every 10 shares.

During the reporting period, the company’s total non-recurring profit and loss was 115 million yuan, of which the government subsidy included in the current profit and loss was 87,057,500 yuan, and the share-based payment fee confirmed at one time due to the cancellation or modification of the equity incentive plan was-415,700 yuan.

Based on the closing price on April 25th, the current price-earnings ratio (TTM), price-to-book ratio (LF) and sales ratio (TTM) of good shops are about 32.07 times, 2.32 times and 0.72 times respectively.

The historical distribution map of the company’s price-earnings ratio (TTM), price-to-book ratio (LF) and marketing ratio (TTM) in recent years is as follows:

Statistics show that the compound growth rate of total operating income of Liangpin Store in the past three years is 0.64%, ranking fifth among the nine companies in the snack industry that have disclosed data in 2023. The compound annual growth rate of net profit in recent three years is -19.34%, ranking 7/9.

In terms of products, in the company’s main business in 2023, the revenue from sweets and cakes was 1.871 billion yuan, down 9.02% year-on-year, accounting for 23.25% of the operating income; The income from meat snacks was 1.696 billion yuan, down 19.15% year-on-year, accounting for 21.08% of the operating income; The revenue from roasted seeds and nuts was 1.323 billion yuan, down 15.57% year-on-year, accounting for 16.45% of the operating income.

By the end of 2023, the total number of employees in the company was 11,046, with an average income of 728,400 yuan, an average profit of 16,300 yuan and an average salary of 92,800 yuan, representing changes of -10.24%, -43.41% and 7.86% respectively compared with the same period of last year.

In 2023, the company’s gross profit margin was 27.75%, up 0.18 percentage points year on year; The net interest rate was 2.23%, down 1.31 percentage points from the same period of last year. Judging from the single-quarter indicators, the gross profit margin of the company in the fourth quarter of 2023 was 25.43%, down 0.42 percentage points year-on-year and 2.31 percentage points quarter-on-quarter; The net interest rate was -0.56%, down 2.49 percentage points from the same period of last year and down 0.63 percentage points from the previous quarter.

In terms of products, the gross profit margins of confectionery, meat snacks and nuts roasted seeds and nuts in 2023 were 29.53%, 29.09% and 26.42% respectively.

During the reporting period, the total sales amount of the top five customers of the company was 1.449 billion yuan, accounting for 16.13% of the total sales amount, and the total purchase amount of the top five suppliers of the company was 1.039 billion yuan, accounting for 17.92% of the total annual purchase amount.

The data shows that in 2023, the company’s weighted average return on equity was 7.43%, down 7.43 percentage points from the same period of last year; The company’s return on invested capital in 2023 was 5.38%, down 5.73 percentage points from the same period of last year.

In 2023, the company’s net cash flow from operating activities was 1.28 billion yuan, a year-on-year increase of 1,144.38%; The net cash flow from financing activities was-413 million yuan, a year-on-year decrease of 83.2019 million yuan; The net cash flow from investment activities was-302 million yuan, compared with-145 million yuan in the same period of last year.

Further statistics show that in 2023, the company’s free cash flow was 1 billion yuan, compared with-78 million yuan in the same period of last year.

In 2023, the cash ratio of the company’s operating income was 118.12%, and the net cash ratio was 709.85%.

In terms of operational capacity, in 2023, the company’s total assets turnover rate was 1.52 times, compared with 1.80 times in the same period of last year (the industry average in 2022 was 1.00 times, and the company ranked 1/10 in the same industry); The turnover rate of fixed assets was 13.24 times, compared with 16.38 times in the same period of last year (the industry average was 5.05 times in 2022, and the company ranked 1/10 in the same industry); The company’s accounts receivable turnover rate and inventory turnover rate were 14.42 times and 7.46 times respectively.

In 2023, the company’s expenses during the period were 2.052 billion yuan, a decrease of 199 million yuan compared with the same period of last year; However, the expense ratio during the period was 25.50%, up by 1.65 percentage points over the same period of last year. Among them, sales expenses decreased by 10.45%, management expenses decreased by 6.9%, research and development expenses decreased by 13.5%, and financial expenses changed from-35,025,200 yuan in the same period last year to-10,924,900 yuan.

In terms of major changes in assets, as of the end of 2023, the company’s monetary funds increased by 45.56% compared with the end of last year, accounting for 8.81 percentage points of the company’s total assets; Accounts receivable decreased by 48.13% compared with the end of last year, accounting for 7.69 percentage points of the company’s total assets; Inventory decreased by 30.04% compared with the end of last year, accounting for 6.59 percentage points of the company’s total assets; The right to use assets increased by 104.62% compared with the end of last year, accounting for 5.86 percentage points of the company’s total assets.

In terms of major changes in liabilities, as of the end of 2023, the company’s leasing liabilities increased by 220.69% compared with the end of last year, accounting for 4.66 percentage points of the company’s total assets; Short-term loans increased by 162.50% compared with the end of last year, accounting for 2.21 percentage points of the company’s total assets; Accounts payable increased by 15.54% compared with the end of last year, accounting for 0.82 percentage points of the company’s total assets; Other payables (including interest and dividends) decreased by 10.14% compared with the end of last year, accounting for 1.98 percentage points of the company’s total assets.

From the perspective of inventory changes, by the end of 2023, the book value of the company’s inventory was 641 million yuan, accounting for 25.76% of the net assets, a decrease of 275 million yuan from the end of last year. Among them, the inventory depreciation reserve is 2,010,600 yuan, and the accrual ratio is 0.31%.

In 2023, the company invested 43.7302 million yuan in R&D, down 13.50% year-on-year; R&D investment accounted for 0.54% of operating income, which was flat compared with the same period of last year. In addition, the capitalization rate of the company’s annual R&D investment is 0.

In terms of solvency, the company’s asset-liability ratio at the end of 2023 was 54.95%, up 2.57 percentage points from the end of last year; The interest-bearing asset-liability ratio was 8.59%, up 1.75 percentage points from the end of last year.

In 2023, the company’s current ratio was 1.34 and the quick ratio was 1.09.

The annual report shows that among the top ten tradable shareholders of the company at the end of 2023, the new shareholders areLimited by Share Ltd replaced Ningbo Hanliang Jiahao Investment Management Partnership (Limited Partnership) at the end of the third quarter. In terms of specific shareholding ratio, Ningbo Aibang Investment Management Co., Ltd. has increased its shareholding, while Dayong Co., Ltd., HH LPPZ(HK)Holdings Limited, Ningbo Hanliang Qihao Investment Management Partnership (Limited Partnership), Ningbo Hanlin Zhihao Investment Management Partnership (Limited Partnership) and Ningbo Hanning Beihao Investment Management Partnership (Limited Partnership) have decreased their shareholding.

It is worth noting that, according to the data of the annual report, 13.89% of the shares of Liangpin Store are pledged. Among them, Ningbo Hanyi Venture Capital Partnership (Limited Partnership), the largest shareholder, pledged 55.7 million shares of the company, accounting for 39.26% of its total shares.

In terms of chip concentration, by the end of 2023, the total number of shareholders of the company was 46,300, an increase of 10,300 compared with the end of the third quarter, with an increase of 28.65%; The average stock market value per household decreased from 249,000 yuan at the end of the third quarter to 186,900 yuan, a decrease of 24.94%.

Indicator notes:

price/earning ratio

= total market value/net profit. When the company loses money, the price-earnings ratio is negative. At this time, it is meaningless to use the price-earnings ratio for valuation, and the price-to-book ratio or market-to-sales ratio is often used as a reference.

PB ratio

= total market value/net assets. The price-to-book ratio valuation method is mostly used for companies with large profit fluctuations and relatively stable net assets.

Marketing rate

= total market value/operating income. Market-to-sales ratio valuation method is usually used for growth companies with losses or small profits.

In this paper, the P/E ratio and marketing ratio are calculated by TTM method, that is, based on the data of the latest financial report (including forecast) for 12 months. The P/B ratio adopts LF method, that is, it is calculated based on the data of the latest financial report.

When the price-earnings ratio is negative, the current quantile is not displayed, which will lead to the interruption of the line chart.

Shenzhen News Network November 17, 2023(Reporter Ye Mei) On November 17, Equation Leopard launched the "Leopard Experience Day" test drive in Shenzhen Bay Park, and the first model of Equation Leopard debuted. As the first mass-produced vehicle equipped with DMO super hybrid off-road platform, Leopard 5′ s electric-based technical architecture can ensure that its performance in off-road performance, urban experience and expandability has reached the leading level at the same level.

Leopard 5 is positioned as a "super hybrid hard-core SUV", which solves the three major pain points of uncomfortable, unintelligent and energy-saving traditional fuel off-road vehicles from various dimensions such as performance, safety, space, comfort and intelligence, redefines the value standard of hard-core SUV with excellent product strength, and provides users with a full-scene driving and control experience of new energy hard-core SUV.

In order to meet the diverse needs of users in the new era, Leopard 5 has launched three versions, namely, Exploration Edition, Pilot Edition and Yunqi Flagship Edition, offering seven color schemes, namely, Vatna Iceland Blue, Tarim Populus euphratica Gold, Duonomi Mountain Green, Peak Grey, Snow White, Night Shadow Black and Border Blue, and three interior colors, namely, Eclipse Blue, Storm Rice and Shoal Green.

In order to fully demonstrate the off-road advantages of Leopard 5 in different road conditions, five application scenarios including side slope, pulley block, cross shaft, ladder road and hump road were built on site. By flexibly switching driving modes, Leopard 5 can easily cope with various complex road conditions and bring passengers a safe and comfortable ride experience.

Imagine driving Leopard 5 in the endless desert, coupled with rhythmic super sound effects, does it add more fun to the cross-country trip?

Leopard 5 is equipped with Divare music cockpit, which brings users the most impressive music experience in hard-core SUV. Divare’s unique SAM patented signal processing technology can make the bass more surging, and the spatial sound effect and atmosphere of the whole vehicle will be better, which is more suitable for the music of off-road scenes. Leopard 5′ s car machine system integrates a number of audio Apps, so that it can be de-app, simplify the system interface, have more platforms, have a larger music library, be compatible with different tastes, and meet a variety of music tastes. A tens of millions of music libraries are in sight.

Safe and reliable, enjoying technology, exquisite personality and strong professionalism, Leopard 5 has brought unprecedented personalized experience of new energy to users with the ultimate product strength in all dimensions, making the ultimate driving experience in all scenes, whether in the wilderness, outdoors, cities or high speed, at your fingertips. In the future, through OTA and software upgrades, Leopard 5 will also allow users to have unlimited possibilities of "Leopard" car life.

From November 9 th, users can make a car purchase through the official APP of Equation Leopard, the WeChat applet of Equation Leopard and the national offline stores. Leopard 5 Discovery Edition and Pilot Edition will be delivered in batches in November, and Yunqi Ultimate Edition will be delivered in January 2024. Among them, the price of Leopard 5 Discovery Edition is 289,800 yuan, the price of Pilot Edition is 309,800 yuan, and the price of Yunqi Flagship Edition is 352,800 yuan.(Image provided by the organizer)

It’s a compact car. I wonder how much you know about it. Next, let’s take a look with Xiaobian.

First of all, from the appearance, the Civic front looks sharp, equipped with a multi-spoke grille, which is very recognizable. Then the personalized headlight design is adopted, which greatly improves the exquisiteness of the whole vehicle. The car is equipped with LED daytime running lights, front fog lights, automatic opening and closing, adaptive far and near light, automatic steering, delayed closing and so on. Coming to the side of the car body, the size of the car body is 4674 mm * 1802 mm * 1420 mm. The car adopts hard-line lines, and the car side looks very angular. With large-sized thick-walled tires, the shape is quite capable. In terms of the rear end, the overall shape of the Civic rear end echoes the front face, and the taillights look very individual. Together with the circular exhaust pipe, it is still relatively cold on the whole.

Coming to the Civic car, the interior looks very sharp, reflecting the sense of design. The steering wheel design of this car is very simple and generous, and it is made of genuine leather, which makes people fondle it. Let’s take a look at the central control. The car is equipped with a moving touch-sensitive LCD central control screen, which makes the interior design quite layered and looks fierce. Let Xiaobian introduce the dashboard and seats, and the display effect is excellent. The car uses leather seats, and the seats are wrapped in place, which is basically enough for daily use.

Look at the configuration again. Civic is equipped with car networking, driving mode selection, remote control key, Bluetooth key, indoor atmosphere light, traction control (ASR/TCS, etc.) and other configurations.

The Civic introduced today is not only eye-catching in space, but also has reached the mainstream level in various configurations, and there is nothing to be picky about driving experience and space experience. Like little friends, act quickly!

　　Over the past few days, the media on the island have carried out in-depth follow-up reports on the two sessions of the National People’s Congress in 2023, among which "Chinese modernization" has become a high-frequency hot word, which has been widely concerned by Taiwan Province compatriots. General Secretary of the Supreme Leader emphasized in Report to the 20th CPC National Congress that the great rejuvenation of the Chinese nation should be comprehensively promoted with Chinese modernization. Facing the new journey of endeavor belonging to the Chinese nation, more and more Taiwan Province compatriots hope to seek common development and share the mission with mainland compatriots, share the new opportunities of Chinese modernization and create a glorious cause of national rejuvenation!

　　In the past five years, under the strong leadership of the Communist Party of China (CPC), the mainland of the motherland has withstood multiple tests such as the accelerated evolution of the world situation and the impact of the COVID-19 epidemic, achieved high-quality economic development, achieved fruitful scientific and technological innovations, and continuously improved people’s living standards, and achieved remarkable achievements that have attracted worldwide attention, fully demonstrating the remarkable advantages of Chinese modernization. In Taiwan Province, which is separated from the mainland by water, the people’s livelihood on the island is depressed and there are many complaints because of the incompetence, poor governance and economic inaction of the Democratic Progressive Party authorities. The shortage of water, electricity, land, workers and talents has become the norm. Recently, "the most serious egg shortage in Taiwan Province’s serious history" and "Taiwan military wrote on the beach and shouted that there was no meat to eat" even rushed to the Internet for hot search. Some industry experts on the island bluntly said that if the related industries are not transformed and upgraded in time, the development of Taiwan Province will be even more difficult.

　　In fact, the mainland has always been the most natural and fertile soil for the development of Taiwan Province, and Chinese modernization has provided tangible opportunities for the vast number of Taiwan Province compatriots. To promote economic development, Taiwan Province can use the mainland market as a vast hinterland, making the supply chain of the industrial chain more stable and smooth; To promote rural revitalization, Taiwan compatriots and enterprises can deeply participate in exquisite agriculture and rural tourism; To promote scientific and technological innovation, the two sides can start with digital technology, ecological protection and other fields, learn from each other’s strong points and jointly develop … … Many difficult problems that have long plagued Taiwan Province’s economic development and improvement of people’s livelihood can be found and solved in the process of cross-strait joint promotion of Chinese modernization, and Taiwan Province compatriots’ sense of acquisition, integration and accomplishment will be continuously enhanced, and their development prospects will be broad. During the two sessions, netizens on the island actively commented, "I hope to participate in Chinese-style modernization, make contributions and achieve myself."

　　The future of Taiwan Province lies in national reunification, and the well-being of Taiwan Province compatriots depends on national rejuvenation. As Chen Yunying, deputy to the National People’s Congress and vice president of the All-China Taiwan Federation, said, Chinese modernization is the common modernization of the two sides of the strait, and Taiwan compatriots should not and will not be absent on the road to national rejuvenation. In the new era and new journey, I hope that more Taiwan Province compatriots will ride the mighty spring breeze of Chinese modernization, work hand in hand with mainland compatriots and push forward the great cause of Chinese national rejuvenation. (Voice of the Sea, Central Radio and Television General Station)

If you pay attention to Chery, it should be no stranger to iCAR 03. After all, Chery attaches great importance to the preheating of the new brand from the very beginning to the appearance of the first model. After half a year, iCAR 03 finally announced its pre-sale price, ranging from 129,800 yuan to 185,800 yuan, with a total of 6 models.

As a pure electric SUV with off-road properties, iCRA’s product strength is actually not bad. Needless to say, the retro square box shape is very recognizable. At the same time, it is also equipped with all-aluminum girder and electrically controlled four-wheel drive, plus 540-degree panoramic image, Qualcomm Snapdragon 8155 chip, L2-class assisted driving, electric tailgate, automatic parking, tracking and reversing, external discharge, crawling mode and tank turning, which is really competitive at a price of more than 100,000 yuan.

From the positioning point of view, iCAR 03 is also a people-friendly route, aiming at young consumers who can accept new things and brands, pursue individuality and fashion, and are not so rich. Occasionally, when they are on a whim, they can go outdoors. It seems that this car still has its own unique charm. After all, there is no pure electric off-road SUV on the market at present, and the arrival of iCAR 03 obviously makes up for this market vacancy.

However, there is still a question mark about whether iCAR 03 can explode, because the price span of this car has reached more than 60,000, and if you study the configuration table carefully, you will find that there are actually many small thoughts hidden inside.

For example, the entry-level model, which costs only 129,800 yuan, focuses on a "gimmick". Although it is not like a joint venture car, it is not equipped with rich functions. In the field of class 130,000, it has no skylight, no front/rear airbags, no 360-degree panoramic image, no wireless charging of mobile phones, no external discharge, etc. At the same time, the car chip also uses Snapdragon 6155 chip, which is obviously a version launched to lower the price.

Even the 149,800 version, which is 20,000 yuan more expensive, as the top match of the two-wheel drive, only has 360-degree panoramic image, 540-degree transparent chassis, panoramic sunroof, external discharge, sound insulation glass and other functions, such as full-speed adaptive cruise, L2-class assisted driving, off-road mode, crawling mode and tank turning, which means that it is difficult to pull out off-road driving, which means that it is easy to drive in the city.

After all, when it comes to pure electric compact SUVs suitable for running in cities, you have to mention the "overlord" in this field-BYD PLUS. For example, the transcendental version with a price of 139,800 yuan not only has 360-degree panoramic image, 540-degree transparent chassis, panoramic sunroof, external discharge and other functions, but also people have more L2-level assisted driving, and the motor torque is 90N·m more than that of iCAR 03. In addition, its pure electric cruising range has reached 430km. Compared with iCAR 03, it seems needless to say who is more competitive.

Moreover, the dual-motor version launched by iCAR 03 is not as strong as expected in terms of cost performance. The four-wheel drive version with a price of 159,800 yuan has a pure electric cruising range of 472km, but it is also not equipped with L2 assisted driving, which is a bit uncomfortable for young people who pursue intelligent driving. In addition, the zero-acceleration score of the dual-motor version has reached 6.5 seconds.

It is not enough to meet the needs of many people for off-road vehicles.

As for the top version with a price of 185,800, the configuration is obviously richer, but with this price to buy a top version, people might as well choose other better models, such as the preferential tank 300, which is stronger in off-road capability and has a good price/performance ratio after the price reduction. Moreover, the car iCAR 03 has a fatal point, that is, its space is too small, the wheelbase is only 2715mm, and it is obviously humbled to sit up. For Chinese people who like big space, iCAR 03 is not up to the point.

Write it at the end

I have to admit that in the field of pure electric off-road SUVs, there are really few competitors of iCAR 03. However, judging from the price it gives, it is not as sincere as expected. The entry-level version of the car is only suitable for driving in the city, but its competitiveness has been greatly reduced. After all, Yuan PLUS, which is also suitable for urban driving, not only has certain terminal concessions, but also has better endurance, space and configuration than iCAR 03. If it does not pursue a more personalized design, consumers will definitely be more willing to trust BYD. The more expensive dual-motor version is not so outstanding in off-road performance, and there are only a handful of people who like off-road. It is also a great challenge to break through with pure electricity.

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[car home Guang ‘an Preferential Promotion Channel] is currently carrying out preferential activities in Guang ‘an, with a maximum discount of 23,000 yuan and a minimum starting price of 77,900 yuan. If you are interested in this car, you may wish to click "Check the price of the car" in the quotation form to get a higher discount.

The design of Changan Auchan X7 PLUS adopts fashionable and dynamic elements, and the front face design is bold and recognizable. The chrome-plated grille perfectly blends with the headlights, showing a strong visual impact. The overall style is atmospheric and steady, and the streamlined body lines make the vehicle more dynamic and sporty, leaving a deep impression on the whole.

Changan Auchan X7 PLUS has a body size of 4730*1870*1720mm and a wheelbase of 2786mm. The overall lines are smooth and natural, showing a steady and dynamic posture. The front and rear wheels are made of 225/55 R19 tyre size, with the unique design of rim style, which not only improves the vehicle’s grip and handling performance, but also gives the body a more fashionable and sporty appearance.

Changan Auchan X7 PLUS interior design is simple and fashionable, with black and brown color matching, creating a warm and comfortable atmosphere. The steering wheel is made of plastic, which feels comfortable and can be adjusted up and down manually to meet the needs of different drivers. The central control screen adopts 7-inch design, which is convenient to operate and supports multiple functions. The seat is made of imitation leather, the main seat can be adjusted back and forth, and the height can be adjusted (2-way), while the auxiliary seat can be adjusted back and forth, providing a good riding experience. The second row of seats supports backrest adjustment, and the rear seats can be laid down in proportion to improve space utilization. The car is equipped with multiple USB/Type-C interfaces, which is convenient for passengers to charge electronic equipment.

Changan Auchan X7 PLUS is equipped with a 1.5T turbocharged engine with a maximum power of 125kW (170hp) and a maximum torque of 260Nm. With a 6-speed manual transmission, it provides ample power output and a smooth shifting experience for the vehicle.

The owner of car home spoke highly of Changan Auchan X7 PLUS. He thought this car was cost-effective, atmospheric in appearance, high-grade in interior, reasonable in price and very practical for daily use. Regarding the decision to buy a car, he mentioned that he took a fancy to the appearance of this car, and found it handsome and moderately priced. Although the high version is better, the middle version is enough to meet his needs, and there is no pressure to buy it in full. The family is also very reassured about this car, thinking that it will be more convenient to travel with a car, and going home for the New Year can also make the family happier.