首页

1. Bureau of Statistics: The national economy will continue to recover and there will be no deflation.

Liu Aihua, spokesman of the National Bureau of Statistics, chief economist and director of the National Economic Statistics Department, said that the overall economic performance and changes in major indicators showed that the overall economic performance continued to recover. Judging from the changes in demand, the demand for goods and services is constantly recovering. In terms of monetary conditions, broad money has maintained rapid growth, and market liquidity is generally reasonable and abundant. Based on these factors, the situation of low price operation in the next stage will gradually ease, and there will be no deflation. (China Network)

2. Microsoft’s first self-developed AI chip appeared.

On Wednesday, local time, the technology giant Microsoft announced the launch of two high-end custom chips, one of which is the artificial intelligence (AI) chip Maia 100. The chip aims to run a large language model, help the artificial intelligence system to process a large amount of data faster, so as to complete tasks such as recognizing speech and images, and possibly avoid the high cost dependence on NVIDIA. However, Microsoft does not intend to sell these chips for the time being, but will use them to support its own products as part of its Azure cloud computing service. (Cailian)

3. Tencent’s revenue in the third quarter was 154.6 billion yuan.

Tencent Holdings released its financial report for the third quarter of 2023: revenue was 154.6 billion yuan, a year-on-year increase of 10%; The net profit was 36.18 billion yuan, down 9% year-on-year. Liu Chiping, the president, revealed that there are currently nine game products under planning, and a new product will be released in the next few weeks, and several others will be released in the next few months. (Sina Technology)

4. U.S. stocks generally rose at the close.

Dow Jones index rose 163.51 points, or 0.47%; The S&P 500 index rose 9.30 points, or 0.21%; The Nasdaq Composite Index rose 9.45 points, or 0.07%. Intel rose more than 3%, Tesla rose more than 2%, and NVIDIA fell 1.55%, ending 10 consecutive days of gains. Weilai rose more than 4%, Xpeng Motors rose more than 2%, and LI rose more than 1% (financial sector)

5. Cybertruck concept stocks have daily limit.

Tesla Cybertruck’s first delivery in the world will be carried out at the Texas Super Factory on November 30, and the concept stocks related to the A-share market have been boosted. In November, I publicly responded to the Mingke skills of supplying cybertruck on the interactive platform. The market started in the afternoon and quickly closed the board. There are also companies that respond tactfully with "customer confidentiality requirements" and "signed confidentiality agreements". Today, the steam mold that once pulled up the contact plate and the Ruigu mold that closed up by 4.6% are all listed here. A-share Dongcai integrated die-casting plate has stock market performance, with an increase rate of 87%. Domestic midstream die casting manufacturers mainly include Aikedi, Wencan, Guangdong Hongtu, Xusheng Group, Meilixin, Rongtai and so on, and each company’s products have its own emphasis. (Cailian)

6. US solid-state battery developers have delivered the first samples to BMW.

Recently, Solid Power, Inc, an American developer of solid-state battery technology, announced in the company’s third-quarter financial report that its first batch of sample A batteries had entered the stage of loading verification. According to the press release, Solid Power has delivered the first batch of A-1 electric vehicle batteries to BMW, and revealed that the delivery of BMW’s demonstration car project is on the right track, which means that the company’s solid-state batteries have officially entered the stage of loading verification. (Cailian)

7. Guangzhou will restrict the passage of electric bicycles in some sections.

From December 15th, Guangzhou will restrict the passage of electric bicycles in some sections. If the initial plan is fully implemented, the daily needs of residents such as take-away delivery and picking up children from school will be affected in the restricted area, so this plan is controversial. (Caixin. com)

8, 5-meter four-door coupe, Xiaomi SU7 has finally arrived.

On November 15th, SU7, the first model of Xiaomi Automobile, officially appeared in the declaration catalogue of the Ministry of Industry and Information Technology. The new car is positioned as a "C-Class Eco-tech Car". In terms of body size, its length/width/height are 4997/1963/1440mm and its wheelbase is 3000mm, which is consistent with yesterday’s news. The data (4860*1980*1666mm) that broke out before was really a smoke bomb! Only the length of nearly 5 meters is worthy of the size of a C-class car. In terms of power, Xiaomi SU7 is equipped with ternary lithium battery from Contemporary Amperex Technology Co., Limited. The front and rear motor powers are 220kW and 275kW respectively, and the maximum speed is 210 km/h. (First Electric Network)

9. Xpeng Motors’s Q3 revenue exceeded 8.5 billion yuan, and 63,500 units were delivered in the fourth quarter.

Today, Xpeng Motors (NYSE: XPEV, HKEX: 9868) released its financial report for the third quarter of 2023. The financial report shows that Xpeng Motors’s Q3 revenue exceeded 8.5 billion yuan, up 25.0% year-on-year and 68.5% quarter-on-quarter, and returned to a historical high. In the third quarter, the total delivery volume was 40,008 units, reaching a milestone of 40,000 units delivered in a single quarter, an increase of 72.4% from the previous quarter. With the substantial increase in delivery volume and revenue and the effect of scale reduction, Xpeng Motors’s cash reserves reached nearly 36.5 billion yuan, up 8% from the previous quarter and 2.74 billion yuan from the previous quarter. Based on the expected strong sales volume of products, Xpeng Motors raised its performance guideline for the fourth quarter. The expected delivery volume reached 59,500-63,500 units, up by about 168.0% to 186.0% year-on-year, and the expected total revenue reached 12.7-13.6 billion yuan, up by about 147.1% to 164.6% year-on-year, breaking through the historical high.(First Electric Network)

10. The official listing price of Haobo HT is 213,900-329,900 yuan.

Haobo brand’s brand-new medium and large pure electric SUV Haobo HT was officially launched, and six new models were launched, with a price of 213,900-329,900 yuan. As the third model of Haobo brand, Haobo HT is built on the pure electric platform of Haobo AEP3.0 and the electronic and electrical architecture of Spirit, equipped with 800V 5C overcharge and unique gull-wing door design. At the same time, Supreme enjoys a listing right worth 32,000 yuan.(First Electric Network)

11. The latest spy photos of Nezha Auto’s new SUV are exposed.

On November 14th, Zhang Yong, CEO of Nezha Automobile, exposed the spy photos of his brand-new SUV in Weibo. The internal code of this SUV is EP32, which is positioned higher than Nezha X, and its price is expected to exceed 200,000. It is worth noting that the new car will use BYD batteries with a cruising range of 500 kilometers. (First Electric Network)

12. The production version of Polar Star 4 is officially off the assembly line, and the first delivery is expected to start before the end of 2023.

On November 13th, Polestar Polar Star (NASDAQ: PSNY), a global luxury pure electric high-performance automobile brand, announced that the production version of its pure electric high-performance SUV Polar Star 4 has been officially launched, and it is expected that the first batch of users will be delivered in the China market before the end of 2023; It is planned to be officially launched in other markets around the world in early 2024, and the delivery will be started simultaneously. (First Electric Network)

13. Wen Yuan Zhixing self-driving taxi team drove on the streets of Ordos.

On November 15th, as the first self-driving team to land in Inner Mongolia Autonomous Region, Wen Yuan Zhixing self-driving taxi successfully completed the public open test operation for one and a half months, and will continue to drive on the streets of kangbashi district, Ordos City, bringing a new travel experience to local citizens. This time, Wen Yuan Zhixing launched several self-driving taxis in kangbashi district, Erdos City, and opened 42 self-driving taxi ride stations, covering the main area of kangbashi district. In the future, it will continue to expand the test scope and add popular stations until the whole area of kangbashi district is covered. (First Electric Network)

14. The polar krypton 007 declaration map was exposed at the Guangzhou Auto Show and the pre-sale was started.

On November 15th, in the latest batch of new car declaration catalogue of the Ministry of Industry and Information Technology, extremely Krypton 007 was impressively listed. The new car, the fourth model under the brand Krypton, will be unveiled at the Guangzhou Auto Show in 2023 and the pre-sale will be started simultaneously. (First Electric Network)

15. The layout of three rows and seven seats is ideal. MEGA interior declaration drawing exposure.

The Ideal MEGA, the first pure electric MPV model, is registered in the catalogue of the Ministry of Industry and Information Technology today, and the car will be booked at the Guangzhou Auto Show this Friday. According to the application information of the Ministry of Industry and Information Technology, the ideal MEGA body size is 5350×1965×1850mm, the wheelbase is 3300mm, the curb weight is 2785kg, and the tyre size is 245/60 R18.

The car is equipped with dual motors with a total power of 400kW (155 kW from Huawei Technologies Co., Ltd.+245kW from United Automotive Electronics Co., Ltd.) and Contemporary Amperex Technology Co., Limited ternary lithium battery (Kirin 5C battery). (IT house)

16. Zero-run C10 extended-range version completed the declaration.

On November 15th, the C10 extended-range zero-run model appeared in a new batch of application catalogues of the Ministry of Industry and Information Technology, and its appearance was basically the same as that of the pure electric vehicles previously declared. The Zero Run C10 will make its domestic debut at the 2023 Guangzhou Auto Show on November 17th, and it has already made its world debut at the Munich Auto Show in September. It will be the first global model of Zero Run, based on the new central integrated electronic and electrical architecture "Four-leaf clover". (IT house)

17. Guangzhou Auto Show appeared in Geely Galaxy E8 declaration map exposure.

On November 15th, we obtained the declaration map of Geely Galaxy E8 from official website, Ministry of Industry and Information Technology. Galaxy E8 is a pure electric medium-sized car based on the vast structure of SEA of Geely Group, which will be unveiled at Guangzhou Auto Show. Vast architecture is a new type of electric vehicle platform independently developed by Geely Automobile, which is highly modular and flexible and can meet the development needs of various types of electric vehicles. (car home)

18. The trial production of ChuanXiaomi Automobile has started in small batches.

According to national business daily, the four manufacturing workshops in the first-phase factory of Xiaomi Automobile have been built, and small-batch trial production has begun. At present, there are dozens of vehicles produced. At the same time, according to informed sources, Xiaomi Automobile will start mass production in December and go public next year (February). (First Electric)

19. Audi announced the lineup of Guangzhou Auto Show.

FAW Audi announced the lineup of Guangzhou Auto Show, and the Audi Q6 e-tron prototype will be officially unveiled. Audi Q6 e-tron is the first pre-production model based on PPE luxury pure electric platform and brand-new electronic architecture, and will be the leader of Audi’s new generation of high-end intelligent networked electric products. (First Electric)

20. Hesai Technology announced its third quarter financial report.

Hesai Technology announced its unaudited financial data for the third quarter of 2023. The financial report shows that Hesai Technology achieved revenue of 450 million yuan in the third quarter, a year-on-year increase of 33.5%; In the first three quarters, it achieved revenue of 1.32 billion yuan, a year-on-year increase of 65.8%. According to the financial report, in the third quarter, 47,440 laser radars were delivered by Hesai Technology, up by 125.5% year-on-year, of which 40,593 were delivered by ADAS laser radars. (First Electric)

21. BMW (China) Insurance Brokerage Co., Ltd. was officially approved.

BMW (China) Insurance Brokerage Co., Ltd. officially obtained the insurance brokerage business license issued by the State Financial Supervision and Administration Bureau, which means that the company can formally carry out insurance brokerage business. BMW (China) Insurance Brokerage Co., Ltd. is a Sino-German joint venture, which is jointly funded by BMW Bavaria Commercial Agency Co., Ltd., a wholly-owned subsidiary of BMW Group, and BMW Brilliance Automobile Co., Ltd., with the capital contribution and shareholding ratio of 58% and 42% respectively. (BMW official)

22. Ask M5 to launch the urban glow suit.

On November 15th, AITO Automobile released the M5 "Urban Rejuvenation Set" and announced that it will be officially released at Guangzhou Auto Show. From the promotional pictures, the main body of the car is yellow, with black lines, which is quite a "bumblebee" visual sense, and the overall feeling is more sharp and dynamic. In addition, in the official promotional film, the following highlights were also exposed: fluid dynamic body, sharp-tailed swift spoiler tail, 20-inch double five-spoke sports wheels+red calipers, millions of luxury car-class all-aluminum chassis, and HUAWEI DATS dynamic adaptive torque system. And declared that "the nature of treasure can’t be hidden." (First Electric)

23. The official map of polar krypton 007 interior decoration was released.

The official map of the interior of Krypton 007 was published. The car was designed by the team of Stefan Sielaff, the world’s top designer, with a two-color design. The ceiling was made of Microfiber microfiber and the seat was made of Soft Nappa full-grain leather, which was full of luxury. The car will be pre-sold at Guangzhou Auto Show. (First Electric)

24. The production version of Polar Star 4 officially went offline, and it is expected that the first batch of deliveries will be started before the end of 2023.

Polestar Polar Star, the global luxury pure electric high-performance automobile brand, announced that the production version of its pure electric high-performance SUV Polar Star 4 has been officially launched, and it is expected that the first batch of users will be delivered in the China market before the end of 2023; It is planned to be officially launched in other markets around the world in early 2024, and the delivery will be started simultaneously. (First Electric)

25. HIHIA of Gaohe Automobile was officially unveiled.

On November 15th, HiPhi A, the first joint product of Gaohe Automobile, was officially unveiled, and it will land at Guangzhou Auto Show on November 17th, opening its offline debut. The car accelerates from 0-100km/h to 2 seconds, and the maximum speed is close to 300 km/h. In addition, it will be equipped with a new self-developed high-power battery pack, which can achieve 1.5 MW peak discharge power. (First Electric)

take a group photo

(Written/Ermeng) On March 19th, Orfila, LULU and others attended the release conference of the wonderful sweet comedy "Falling in Love with the Big Dipper Boyfriend" in Beijing. Wu Xin, who premiered as a villain, was praised for her acting skills. She responded on the spot: "This is not acting, so give me 60 points for the performance in my play."

The TV series "Falling in Love with the Big Dipper Boyfriend" tells the story of the star teacher Chiyu from the Big Dipper, who came to the earth to find her former lover, met the "water-rebellious" female producer and got involved in the entertainment circle by mistake.

LULU and Zhang Mingen’s "Chinese CP", Ren Yankai and Orfila’s "maocai CP", as the representatives of CP in the play, kept handing out candy on the spot. In the play, Lin Haoshu, played by Keanu, has a crush on Wen Suxi, played by LULU, but they failed to express their secret love. On the spot, they restored the "secret love hand" in the play, only to be ruthlessly opened by Zhang Mingen, who was standing in the middle. Tang Mao, played by Ming, is an overbearing president with many golden legs. He even measured an amazing leg length of 1.18 meters at the scene. Orfila changed his acting skills every second on the stage and teased Ming that it was difficult to buy pants.

Zhang Mingen, Ming and Keanu used a line to interpret the different types of boys they represented in the play, such as "honest and frank Naigang", "overbearing president" and "loyal dog and warm man". LULU and Orfila also shared the ideal type of love that they would choose in real life. LULU bluntly said that he would choose a warm-hearted tree and confessed to Keanu on the spot: "Cloudy days, rainy days and sunny days are not as good as chatting with me." Wu Xin chose "Tang Mao" Ming and shouted directly: "I just like you."

Orfila premiered the villain in the play, and was well received for his hot search for acting skills. At the press conference, Orfila responded: "This performance was great. I really want to thank you for your tolerance. This is not acting, give me 60 points for the performance in the play. " Cai Shumeng, a hardcore female producer played by Orfila, madly chased Tang Mao in the play. Orfila bluntly said that she would not be "female chasing men" in her life, but she was chased at ordinary times and was passive in her life. It is reported that "Love the Big Dipper Boyfriend" is currently being broadcasted in iQiyi.

　　Time flies, and 2017 is about to close in a blink of an eye. This year, the supervision of the Civil Aviation Administration of China increased, and efforts were made to enhance passengers’ sense of gain; At the same time, technology has empowered the aviation industry, and aviation manufacturing has shown a thriving situation.

　　Looking back on 2017, what major events happened in China’s aviation industry, and what unforgettable moments? Let’s use eight key words together to string together this doomed extraordinary year.

　　Keywords: 1: Big plane

　　The Three Musketeers of the Big Aircraft will gather in the blue sky: C919 will fly into the sky, and the first flight of AG600 will be around the corner.

　　In China aviation industry, domestic passenger plane C919, amphibious plane AG600 and large transport plane Yun -20 are called "Three Musketeers". Each of them embodies the painstaking efforts of Chinese people and carries the dreams and expectations of Chinese people. And 2017 is undoubtedly a bumper year for domestic large aircraft.

　　On May 5th, the domestic C919 large passenger plane made its first successful flight at Shanghai Pudong Airport, which attracted worldwide attention. On November 10th, the C919 aircraft moved to Yanliang, Xi ‘an, and began to enter the next research and development flight test and airworthiness forensics.

　　On December 5th, the AG600 large-scale fire fighting/water rescue amphibious aircraft completed the high-speed taxiing test in zhuhai jinwan airport, and the first flight entered the countdown.

　　Expert comment: C919 is China’s first truly large civil aircraft, a key battle to upgrade China’s manufacturing industry and a landmark project to build an innovative country. China, a large aircraft project, has completely independent intellectual property rights, which not only breaks the monopoly of international aviation giants, but also reflects China’s progress in the field of high-tech innovation.

　　Keyword 2: "Black Flying"

　　UAV "Black Flying" Disturbs Flight Civil Aviation Administration orders real-name registration.

　　With the gradual rise of consumer-grade UAV industry, UAVs have rapidly changed from the original characteristics of "high threshold, strong professionalism and single use" to "low threshold, popularization, multi-function and daily use". According to the statistics of relevant departments, the number of UAVs in China has reached more than 600,000, and it is expected to rise to more than 4 million by 2020.

　　However, due to the increase in the number of drone brands and players, the phenomenon of "black flying" has become more and more serious. Since the beginning of this year, many airports, such as Kunming Airport, Shenzhen Airport, Mianyang Airport, Hangzhou Airport, Chengdu Airport and so on, have been disturbed by drones, resulting in the cancellation or delay of several flights, which has aroused social concern.

　　On May 16th, the Civil Aviation Administration of China issued the Regulations on the Registration Management of Civil Unmanned Aerial Vehicles in real-name registration system, requiring that the owners of civil unmanned aerial vehicles must register their real names from June 1st, 2017. After August 31, unmanned aerial vehicles that are not registered in the system are considered illegal.

　　Expert comment: With the rapid development of civil UAV technology, UAV interferes with civil aviation flight events from time to time. Increasingly strict supervision will promote a virtuous circle of the industry. real-name registration system has opened the prelude to the standardized operation of Chinese drones, and at the same time accelerated the reshuffle of the industry.

　　Keywords: 3: mixed reform

　　The mixed reform of central enterprises continues to accelerate: the three major state-owned airlines have released big moves

　　On the evening of March 27th, China Southern Airlines announced that it had signed a Share Subscription Agreement with American Airlines, and American Airlines would subscribe for 270 million H shares issued by China Southern Airlines with HK$ 1.553 billion.

　　On April 21st, Air China of China announced that it had received a notice from its controlling shareholder, China Aviation Group Corporation, and the National Development and Reform Commission replied that it agreed to reform the mixed ownership of air freight logistics of AVIC. AVIC will start the reform of mixed ownership of air cargo logistics. Air China and some of its subsidiaries are engaged in air cargo logistics business, and the specific implementation of mixed ownership reform may involve the company and its subsidiaries.

　　On June 19th, the mixed reform plan of China Eastern Airlines Logistics Co., Ltd., a subsidiary of China Eastern Airlines Group, ushered in a substantial start. China Eastern Airlines Logistics has diversified its shares. China Eastern Airlines Group, Legend Holdings Co., Ltd., Prologis Investment (Shanghai) Co., Ltd., Debon Logistics Co., Ltd., Greenland Financial Investment Holding Group Co., Ltd. and the core employees of China Eastern Airlines Logistics hold 45%, 25%, 10%, 5%, 5% and 10% of the shares of China Eastern Airlines Logistics respectively.

　　Expert’s comment: In recent years, the freight volume of China civil aviation has increased a lot, but the freight rate has dropped a lot, and the three major airlines have almost no profit margin. In contrast, private express companies such as SF Express, Yuantong and Shentong have set up their own cargo airlines. The global aviation logistics industry is transforming from the traditional air freight with low added value to the door-to-door integrated logistics service provider and the overall supply chain service provider with high added value of "big data+air freight+ground transportation". Through the reform of mixed ownership, the productivity of air freight can be liberated, it can be operated sustainably, and it can be bigger and stronger.

　　Keyword 4: Air WiFi

　　Civil Aviation Administration lifts the ban on aircraft using electronic equipment. Spring is coming in the air.

　　On September 18th, the Ministry of Transport deliberated and adopted the fifth revised Rules for the Examination and Approval of Operation Qualification of Large Aircraft Public Air Transport Carriers. Zhu Tao, deputy director of the Flight Standards Department of the Civil Aviation Administration, said at the press conference that from October, airlines can decide what kind of portable electronic equipment to use on the plane according to the evaluation results.

　　The regulations of the Civil Aviation Administration have triggered a heated discussion on WiFi in the air on the Internet. At present, China Eastern Airlines, Air China, China Southern Airlines, Hainan Airlines and other companies have started to test the on-board WiFi service. For example, China Eastern Airlines has realized the on-board Internet service on 70 wide-body passenger planes.

　　10月18日上午，东航MU5103客机在万米高空进行了党的十九大开幕会的实时直播，乘客使用空中WiFi就能聆听习近平总书记的讲话。

　　专家点评：政策全面开禁飞机上使用手机等便携式电子设备是一大喜事，但是政策放开不等于立刻解禁，具体推行仍需时日，旅客也切勿挑战目前“飞行全程关闭手机”的法规。后续航空公司经安全评估后放开限制，旅客们就能在巡航中使用“飞行模式”的手机看电影、听音乐。

　　关键词5：航班正点率

　　航班正点率跌入低谷 民航局出“狠招”

　　航班正点率作为民航整体运输质量的反映，一直是社会公众关注的焦点。数据显示，今年1-8月，全国民航航班平均正点率66.22%，同比下跌9.27%，平均延误时间30分钟，同比增加11分钟。

　　9月21日晚间，中国民航局发布《关于把控运行总量调整航班结构提升航班正点率的若干政策措施》，从今年冬春航季开始，对航班时刻安排进行运行总量控制和航班结构调整，确保运行安全，全力提升航班正点率。其中，首都机场和浦东机场因放行正常率多次不达标而受处罚。民航局要求其按照机场容量标准75%的目标，调减始发航班时刻数量。

　　In October, the normal flight rate in China reached 83.29%, a year-on-year increase of 2.39%. This is the highest normal rate for 101 consecutive months since May 2009.

　　Expert comment: China’s flights maintain double-digit growth every year, but the average annual increase of route mileage is only about 3%, which also makes the flight operation pressure more and more serious. In order to ensure the flight safety of civil aviation and improve the normal flight rate, the Civil Aviation Administration issued the "most stringent" flight control regulations in history to strictly control flight growth. The New Deal officially landed at the end of October, and we expect our flights to be more and more punctual.

　　Keyword 6: Civil aviation charter flights

　　"Thank the motherland"! Civil aviation chartered flights twice to help stranded passengers return home

　　On September 30th, China tourists trapped by the hurricane excitedly waved the national flag, ready to board a charter flight and return to the motherland. People’s Network Wang Chushe

　　"Thank the motherland for remembering us and taking us home!" This may be the most frequently said sentence by China tourists stranded overseas for some reason this year …

　　On September 18th, category 5 hurricane "Irma" ravaged the Caribbean, and the island country Dominica was hit hard. Nearly 400 Chinese personnel were forced to move to neighboring Antigua and Barbuda to wait for rescue. On the evening of September 29th, China Eastern Airlines dispatched two chartered planes to fly over the airspace of 19 countries to Vere, Antigua and Barbuda, according to the mission requirements of the Civil Aviation Administration of China to send Ming Chuan telegrams. At Bird Airport, the Chinese personnel transferred from Dominica were urgently transported back to China, with a round-trip flight distance of 34,000 kilometers.

　　On November 27th, due to the eruption of Agung volcano, the Indonesian Bali Wulalai International Airport was temporarily closed, leaving 17,000 China tourists stranded there. From 14: 28 on November 29th to 14: 00 on December 4th, the Civil Aviation Administration, the Ministry of Foreign Affairs, the Consulate General of China in Denpasar and other relevant departments coordinated the flights of China Eastern Airlines, Xiamen Airlines and China Southern Airlines to Bali, "coming empty, leaving full" to help China tourists return home.

　　Expert comment: In 2017, Wolf Warriors 2 was popular all over the country, and the scene of Jason Wu holding the national flag through the war zone made countless people excited. In fact, real scenes are more burning than movies. When the storms and waves of nature raze everything to the ground and individuals become so small, the welcome of the motherland is precious and exciting. As the words in the passport at the end of Wolf Warriors 2: "People’s Republic of China (PRC) citizens: When you are in danger overseas, don’t give up! Please remember that behind you, there is a strong motherland! "

　　Keyword 7: Tonnage UAV

　　The world’s first tonnage cargo drone was born. Online shopping or airdrop will come home in the future.

　　On October 26th, AT200, a large cargo drone, completed its first flight at Neifu Airport in Pucheng, Shaanxi Province, and the whole flight lasted for 26 minutes. This marks the birth of the world’s first tonnage cargo drone, and online shopping may be airdropped home in the future.

　　With a total length of 11.84 meters, a wingspan of 12.8 meters, a height of 4.04 meters and a maximum takeoff weight of 3.4 tons, AT200 is the "big guy" in the field of civil UAVs at home and abroad. Its warehouse has a volume of 10 cubic meters and a payload of 1.5 tons.

　　According to the R&D team of the Institute of Engineering Thermophysics of Chinese Academy of Sciences, AT200 is equipped with advanced flight control system and command system, which completely gets rid of the dependence on pilots and realizes the "one-button autonomous take-off and landing" of aircraft in the accusation center. The UAV flight controller only needs to monitor the on-board state, and can change the flight state by simple operation when necessary, which greatly reduces the freight cost and operation difficulty.

　　Expert comment: The AT200′ s short-distance take-off and landing capability has solved the take-off and landing problem of the island’s large-tonnage UAV. By adding the set-point delivery capability later, the aircraft that further improves the delivery accuracy will have broad application prospects in Southeast Asian countries along the Belt and Road Initiative. The shortage of captains has always been one of the main factors restricting the development of China’s civil aviation industry. In order to attract mature captains, some companies even offered a "transfer fee" of 5 million. The first flight of a large cargo UAV will open up new opportunities for the development of China’s civil aviation, especially air cargo.

　　Keyword 8: High-speed rail "forced stop" flight

　　"Air-ground competition" fiery high-speed rail frequently "forced to stop" direct flights

　　On the morning of December 6th, at Chengdu East Railway Station, a CRH3A bullet train stopped at the platform, and a touch of local gold eye shadow was particularly eye-catching. It was the first train D4252 of Xicheng High-speed Railway.

　　In recent years, the competition between high-speed rail and aviation has been fierce, and many routes within 800 kilometers have seen a double drop in attendance and fares, and even been forced to stop. In 2017, "open space competition" was staged again.

　　On April 16th, Zhengzhou-Beijing Sanyi Station went directly to the high-speed railway, and the attendance rate of passengers on the first day reached 80%. The high-speed rail passenger flow between the two places is hot. In contrast, the civil aviation market has shrunk to only one flight.

　　At the end of October, many passengers in Chengdu and Xi ‘an found that the previous direct flights between the two places were basically cancelled. It originally took only one and a half hours, and it took at least six hours after the transfer. Many people in the civil aviation system explained that the Xicheng high-speed railway was opened in October, and the airlines canceled all the direct flights when they made the winter and spring flight plans. Only after the cancellation did they know that the high-speed railway would be delayed.

　　Expert comment: In 2010, China Southern Airlines implemented the "Express Line" strategy to compete with the high-speed rail, which ended in failure. In the future, civil aviation and high-speed rail should compete in a wrong position and win-win cooperation. High-speed rail focuses on the short-and medium-distance passenger transport market, while civil aviation mainly invests in the operation of medium-and long-distance international cross-sea routes. The two sides can also carry out in-depth intermodal cooperation to jointly provide passengers with comfortable and fast travel services.

　　(Comment expert: Lin Zhijie, strategic planning manager of Xiamen Aviation Planning and Finance Department, responsible for civil aviation industry research, company strategic planning and business analysis. Columnist of Civil Aviation Resource Network. )

Text | Financial Street Lao Li

Geely Holding is a hot spot in the global capital market, and Krypton will be its most imaginative sector.

Yesterday, Krypton announced that the ZEEKR M-Vision concept car will have mass production conditions in 2024. This car is an exclusive vehicle customized and developed for the Waymone driverless team based on the ZEEKR M-Vision concept car, which means that Krypton has taken an important step in the field of autonomous driving.

At the end of last month, Geely Automobile announced that it had submitted a proposal to the Hong Kong Stock Exchange to spin off Krypton and list it independently. The Stock Exchange has confirmed that listed companies can spin off. Although there is still a long way to go before Krypton goes public independently, it has at least taken the first step.

There are a lot of news disclosed by the industry these days. Today, Lao Li will talk with you. Why did the extremely split layout start long ago? What are the strategic considerations for spin-off listing? What are the challenges of the split listing of Krypton?

Krypton split, early signal?

The capital market has always had high expectations for Geely Holding, but frankly speaking, most funds are looking forward to "Geely": in the secondary market, although Geely Automobile’s Hong Kong stocks once made many investors earn the first pot of gold, the whole Hong Kong market is not so good; In the primary market, Geely Holding’s various sectors are booming, but there are not many external financial funds that can be invested.

Listed companies under Geely Holding include Geely Automobile, Volvo Automobile, Polar Star Automobile, Yikatong, etc., and the proposed listing sector includes Cao Cao’s trip, etc., and the listing locations include Hong Kong, the United States and Europe. As the most important intelligent electric vehicle sector under Geely Holding, it is reasonable to go public.

According to the capital market research, Geely has been preparing for the independent listing of Krypton since its establishment. Geely has two main actions: one is to open financing for Krypton, and the other is to load high-quality assets.

Let’s talk about the first action-open financing.

As we all know, Geely always wanted to go public in science and technology innovation board, but in June, 2021, Geely withdrew its listing application because of the tightening IPO policy in science and technology innovation board. At the same time, Geely Automobile announced that it would seek different financing schemes for the extremely krypton brand, that is, from this time on, the extremely krypton independent listing plan was officially launched. At the same time, Geely Holding Group and Beilun District of Ningbo signed an investment cooperation agreement for the extremely smart electric vehicle project, and the global headquarters of extremely smart technology company settled in Ningbo.

Later, everyone became more clear. In August last year, Krypton launched the Pre-A round of financing. The financing targets included ecological partners such as Contemporary Amperex Technology Co., Limited, Billie Billie and Intel Capital. The publicly disclosed financing amount was 500 million US dollars, corresponding to 5.6% of the shares. According to this figure, the post-investment valuation of Krypton in August 2021 was close to 60 billion yuan.

Two months later, Geely Automobile announced that it would buy back part of its equity. By the end of Geely Automobile’s 2021 annual report, Geely Automobile held 59.71% of its equity. As for the specific shareholding structure behind it, there is no public disclosure at present.

Not surprisingly, in the next year or two, Krypton will further carry out external financing, but not too many shares will be sold, and Geely will have absolute control over the enterprise.

The second action of the split listing of Krypton is the merger of high-quality assets. Merging high-quality assets is a common practice in the capital market, with two main purposes: First, after merging high-quality assets into Krypton, it can support the listing of Krypton and obtain a good premium; conversely, Krypton will also drive the original assets to increase the premium and achieve the effect of killing two birds with one stone.

In July last year, Krypton Group (Krypton Holdings and its subsidiaries) entered into a CEVT acquisition agreement, a vast energy acquisition agreement and a Ningbo Weirui subscription agreement to acquire assets and technologies needed for R&D, production and sales of electric vehicles.

So far, Krypton holds 51% equity of Ningbo Weirui, 49% equity of Times Geely and 30% equity of Vast Energy. It can be seen that all the best assets of Geely Holding on power batteries and charging services have been loaded to Krypton.

Split and go public, kill two birds with one stone?

Seeing this, many friends will ask why Krypton will be split and listed, or what will Krypton bring to Geely Holding after the split and listing? In Lao Li’s view, apart from obtaining high premium in the primary and secondary markets, it is more important to serve Geely Holding Group.

In the past few years, although Geely’s industries have spread all over China, Geely’s capital has been globalized. For more than a decade, capital globalization has also driven industrial globalization. In the new stage of development, it will be the general trend for industry and capital to return to China. On the new energy vehicle track, neither the American market nor the Hong Kong market can get the same treatment as the domestic market. Most importantly, the market, industrial chain and capital of new energy vehicles are all in China.

Geely Automobile has been conceiving the A+H capital layout, looking at the performance of BYD, Contemporary Amperex Technology Co., Limited and Great Wall Motor in A-shares, and then looking at the performance of Geely Automobile in Hong Kong stocks, we can see from a glimpse that Geely Automobile will get a new financing path after the listing of A-shares, but for various reasons it backfired.

In the announcement, the spin-off terms of Krypton, such as listing place, listing time and sale scale, have not yet been determined. In fact, it is in the early stage of listing, and Krypton itself cannot be determined. Lao Li believes that according to Geely Holding’s strategy and external market environment, Krypton is likely to give priority to listing in science and technology innovation board, and of course, Hong Kong market and American market are not excluded.

Some friends of Lao Li said that the probability of listing Krypton in science and technology innovation board should be above 70%, on the one hand, because it serves the overall strategic layout of Geely Holding, and on the other hand, because the overall valuation of A shares is higher than that of Hong Kong, especially the new energy sector, which will be far ahead of the Hong Kong market in the next decade or even longer, and Krypton will get a better valuation premium than Hong Kong for its spin-off listing in science and technology innovation board and its spin-off listing on Growth Enterprise Market in the future.

The strategic layout of Geely Holding is very important, and it is also important to maximize the "assets". There is a saying in the secondary market.

At present, most new energy automobile companies don’t make money, and so does Krypton. According to Geely Automobile’s financial report, Krypton’s revenue in 2021 was 2.868 billion yuan, and its net loss was 1.010 billion yuan. The loss in the first half of this year reached 759 million yuan, with an average monthly loss of 126 million yuan. In the final analysis, these inputs and losses were borne by Geely Holding, or Li Shufu personally.

In the process of spin-off, Krypton can raise funds in the primary market, or refinance after listing, so as to obtain greater funding channels. At the same time, after the split-up of Krypton, it can also greatly alleviate the financial burden of the listed company Geely Automobile, optimize the financial statements, obtain a higher return on investment than before, and boost the valuation of the secondary market.

In addition, for Krypton itself, the spin-off will also promote the company’s main business to be more focused and more transparent, which will also help to convey a clear corporate image to the capital market and gain the recognition and support of investors.

Where are the challenges and dawns?

From the general direction, the split listing of Krypton is a perfect path, but it is not easy to walk. Lao Li believes that the biggest challenge at present is not internal, but external, which is not only a problem that extremely krypton will encounter, but also a problem encountered by other new energy vehicle companies.

Lao Li has mentioned many external problems before, but each family also has difficulties. For example, Zhongchuang Singapore Airlines and Zero Run Auto are listed in Hong Kong, and the pressure from shareholders has forced everyone to go. Weimar has also slowed down the pace of listing in Hong Kong, not because it doesn’t want to go to Hong Kong, but because its valuation is too low.

In the past two years, a number of new energy vehicle enterprises hatched by traditional giants have been added to the market, such as GAC Ai ‘an, SAIC Zhiji, Dongfeng Lantiu, Great Wall Salon, Chang ‘an Aouita, etc. After the capital market targets increase, the market will naturally kill the valuation, and the number of people sharing the cake will increase, and the value of each cake will naturally decrease.

So waiting is the best way for companies that are not short of money. The idea of extreme krypton may be to choose to promote the listing process first and then start the listing according to the appropriate time and price. A brokerage analyst also put forward the possibility that the news of the spin-off listing will pave the way for the A round of financing in the next 1-2 years. After all, some industrial funds have already made contact with Krypton.

For Krypton itself, at present, both science and technology innovation board and HKEx have put forward new auditing requirements for R&D capabilities of new energy vehicle companies. From 2020 to this year, many vehicle companies and Internet companies have stopped IPO due to "insufficient R&D level". We will wait and see how Krypton can play this card.

Despite the poor external environment, the sales volume of krypton has been exceeding expectations. In the first three quarters of 2022, the cumulative sales volume of krypton was 39,500 vehicles. After entering October, the delivery of krypton entered the fast lane, and the monthly delivery volume exceeded 10,000 vehicles, reaching 10,119 vehicles, an increase of 22.3% from the previous month. But the delivery pressure of krypton is not small.

Despite this, Geely is still at the forefront of domestic car companies, and its layout in the capital market is mainly around mergers and acquisitions and spin-offs. In the past ten years, Geely has been carrying out mergers and acquisitions, from traditional cars to new energy, from intelligent networking to ecology, achieving good synergy, while spin-off listing is a means of asset divestiture, which broadens the company’s financing channels through high-quality asset spin-off.

Generally speaking, there are two types of companies listed in the capital market: one is a growing subsidiary with strong profitability, such as BYD’s Foday Battery, and the other is an incubation platform company, such as Sina Weibo, which is incubated by Sina. From this point of view, krypton belongs to both at present, and will get a higher valuation in the capital market.

The listing of krypton will open up new ideas for Geely Holding, and will also open up new ideas for the industry.

　　Zhongxin. com, Taizhou, December 12 (Reporter Fan Yubin correspondent Cao Hongbing) "The month is 8-20 kg thin, pure plant extraction, no side effects." A online celebrity "weight loss coffee", which claims to be able to lose weight without dieting and exercise, is actually a three-no product, with drugs banned by the state, but it is marketed in 20 Yu Sheng cities nationwide. On the 12th, the police in Taizhou, Zhejiang Province held a press conference on the case of illegally adding banned drugs "weight loss coffee" to inform the case.

　　Pictured: seized items. Photo courtesy of Xianju Public Security

　　Recently, the public security organs at Taizhou and Xianju cities and counties, together with the market supervision department, with the assistance of the Ali special team, have launched a unified network-closing operation in Xianju, Zhejiang, Suzhou, Jiangsu and Changbai Mountain, Jilin, and smashed a full-chain criminal gang that produces and sells toxic and harmful weight loss coffee and candy online, and arrested 10 suspects headed by Xie Moumou, Zhang Mou, Yin Moumou and Chen Moumou, and approved the arrest of 2.

　　Pictured: the scene was seized. Photo courtesy of Xianju Public Security

　　It is reported that, All kinds of toxic and harmful coffees in online celebrity, such as Amorcoffee (powdered coffee), DLSLLMMINGCOFFE (black coffee), caféJessica (green coffee), DORAMACCHIATO (purple coffee), supersugar (Madge VC cocoa soft candy, compound fruit and vegetable candy), Nina fat-burning coffee and coffee with coffee, have been seized. The case is being further explored.

　　Pictured: press conference. Photo courtesy of Xianju Public Security

　　After testing, the seized weight loss coffee contains sibutramine and phenolphthalein, which are banned by the state. Such additives can cause serious toxic and side effects such as trance and cancer.

　　Illegal drugs were detected in online celebrity coffee.

　　In May this year, the police of Xianju County Public Security Bureau found that someone was selling weight loss coffee and candy on WeChat, Tik Tok, Xiaohongshu and other platforms, and the network spread over more than 20 provinces and cities such as Zhejiang, Henan and Guangdong. Someone left a message on the platform to report dizziness, palpitation and insomnia after taking these products.

　　Further investigation by the police found that these slimming products were all three-no products, but the selling price was as high as 300-500 yuan per package.

　　On July 7th, Ms. Li, a citizen of Xianju, reported to the police station in her jurisdiction that she had spent nearly 2,000 yuan on a weight loss coffee from her friends on WeChat, and after drinking it several times, her body appeared dizziness, leg weakness, drowsiness and other symptoms. After examination by the hospital, the value of alanine aminotransferase was seriously high, and liver damage occurred, but this WeChat friend could no longer be contacted.

　　The police entrusted the weight loss coffee purchased by Ms. Li to the market supervision department for testing, and the results showed that the product contained the banned drug "sibutramine".

　　Sibutramine was originally used for adjuvant treatment of obesity, but because of its great side effects, it will lead to increased heart rate and blood pressure, and even lead to stroke and death in severe cases.

　　According to the analysis of police data, it is preliminarily determined that this is a case of extra-large network producing and selling harmful food across provinces. The local seller of Xianju is Chen Moumou, who has online stores on WeChat, Tik Tok and Xiaohongshu, and many of his subordinate agents are Yang Moumou, a WeChat friend who buys products from Ms. Li. After tracing at different levels, it was found that Chen was a couple of Yin who lived in Yangcheng Lake, Xiangcheng District, Suzhou City temporarily, and gradually found out the operation of the intermediate link of the whole manufacturing and selling of harmful food gangs.

　　On September 30th, the public security organs at Taizhou and Xianju, together with the market supervision departments, launched the first round of network-closing operations in Xianju and Suzhou, arresting 6 suspects, destroying 6 sales dens and 1 packaging warehouse, and seizing more than 160 boxes of online celebrity’s poisonous and harmful coffee and candy in various packages, with a case value of more than 5.6 million yuan.

　　According to Yin Moumou and Chen Moumou and others, they don’t produce coffee. These coffees are purchased from the Internet at a purchase price of 80 to 90 yuan per pack. The terminal sales price is 320 yuan, and the wholesale price of the developed off-line Wechat business is around 150 yuan.

　　The police destroyed the production and sales network.

　　After massive data analysis and layer-by-layer tracking, all the clues point to — — Xie Moumou, Zhang Mou and Xu Moumou, Erdaobaihe Town, Antu County, Jilin Province.

　　On November 10th, a frontier arresting group consisting of nearly 20 policemen and market supervision staff from Xianju County Public Security Bureau quietly entered Erdaobaihe Town to start work.

　　In the ice and snow, after a week’s follow-up, the investigators used a variety of investigation methods to grasp the whereabouts of the suspects Zhang and Xie Moumou, as well as vehicles, production dens, warehouses and so on.

　　On November 22nd, the arresting team was divided into two groups. After tracking and observing, they seized the Zhangjia couple, their son and Xie Moumou who were producing and filling and selling online at home in a production den.

　　In the production dens, the staff of the task force saw that the room was covered with dust, not only the environment was messy, but also all kinds of coffee ingredients were randomly packed in bags for animal feed or scattered on the dark ground.

　　Black workshops produce "three noes" coffee

　　After investigation, 27-year-old Xie Moumou and 26-year-old Zhang are lovers. In 2017, Xie learned that adding sibutramine or phenolphthalein to coffee had a significant weight loss effect, so together with Zhang, he purchased coffee raw materials, sibutramine and production equipment from the Internet. Without obtaining the Food Production License and the Food Business License, he rented two simple temporary buildings as the production series "weight loss coffee" for production and filling dens, and the sales warehouse dens were located in the garage beside his home.

　　Zhang and his parents, Zhang Moumou and Xu Moumou, are responsible for the production and filling. Xie used Tik Tok, WeChat, Pinduoduo and other social platforms to communicate and find an agent. Once an order was made, Zhang’s parents used a pseudonym at will to conduct sales and circulation through logistics delivery channels.

　　In order to expand the sales and influence of the products, Xie Moumou promoted the product packaging as a so-called "health food" with high-end import and remarkable curative effect, claiming that all the raw materials of his products were extracted from wild berries in Spain and South Africa without any side effects.

　　Under such packaging and publicity, the weight loss coffee produced by it seems to be a "magic medicine", which is popular among beauty lovers and some illegal Wechat business, and the product sales are very good. According to the preliminary investigation, the national agent sales spread over more than 20 provinces, involving more than 66 million yuan. (End)