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Xiao Ai, Tmall Genie, 9420, are you familiar with these summoning names? Smart speakers have become popular in recent years and have begun to enter thousands of households. This kind of speaker that allows users to control with voice commands is sometimes very convenient. Users only need to make a voice call to let them play songs, control smart appliances, have conversations, and ask questions.

There are many ordinary smart speakers, so let’s take a look at a smart speaker with a screen. Let’s take a look at the advantages of a smart speaker with a screen compared to a smart speaker without a screen. This time we want to invite the "Xiaodu Home" smart video speaker jointly produced by Baidu and Xiaoyu Home.

Figure 1 Xiaodu smart speaker at home

Xiaodu has a 10W high fidelity sound unit and a 6-microphone array omnidirectional high fidelity audio capture at home. Compared with other smart speakers, Xiaodu’s biggest feature at home is a 7-inch touch screen and a 500W pixel camera.

Xiaodu’s main operation experience at home, in addition to being able to touch

When you get Xiaodu at home, turn it on for the first time, just like other Internet speakers, you need to perform networking operations first. Xiaodu can directly use the touch screen for Wifi networking operations at home. After networking, it provides the associated QR code for the user’s mobile APP Xiaodu to bind at home. After that, you can also associate the user’s Baidu account.

The summoning word of the Xiaodu speaker is "Xiaodu Xiaodu". Users can switch it to "small fish" in the settings of Xiaodu at home, but they still cannot customize other summoning words. Many operations can be carried out by voice. In addition to using voice to control, the touchscreen is also a convenient way for users to control. The clarity of this touchscreen is still good.

The upper right corner of the screen displays the time and weather forecast and air quality, the upper left corner has three shortcut buttons (skills, content square, dial), and the lower left corner is the shortcut button to summon Xiaodu’s automatic speech recognition at home. After pressing it, the user does not need to say the "Xiaodu Xiaodu" summon word in advance, just say the command. In the default settings, Xiaodu will automatically perform four-screen switching (time weather, shortcut call, skill prompt, content recommendation) when in standby at home.

The drop-down screen can activate the shortcut menu, where you can quickly switch on and off some functions, or adjust the volume to quickly turn off the music.

The screen wallpaper can be customized, and there is a carousel function, which means that users can also use Xiaodu at home as an electronic album. Users can upload photos to Baidu at home albums in the Xiaodu at home APP and let them be automatically displayed on the screen. In addition, it also supports the function of directly opening Baidu network disk to view pictures.

Figure 2 Xiaodu’s standby screen at home (please forgive the lack of low-level photography technology and photography equipment, the same as below) Xiaodu’s screen display effect at home is still good.

Figure 3 Drop-down menu

Xiaodu also has a theme mode at home, and currently users can use the themes of "Fresh Time, Night Reading Time, Leisure Time, Holiday Beach". "Xiaodu Xiaodu, turn on Night Reading Time". After receiving the command, Xiaodu switches to this theme mode at home to display relevant animations and background music.

Picture 4 Night reading time

2 Q & A videos without pressure

100,000 why, Xiaodu can answer a lot of questions at home

Xiaodu has an advantage resource at home, that is, having Baidu’s encyclopedia resources, users can use it to quickly query encyclopedia knowledge. It is very suitable for children to ask 100,000 why.

Xiaodu Xiaodu, a photo of an elephant. Xiaodu operates at home: the screen displays a photo of an elephant.

Xiaodu Xiaodu, how to write the word "Zhang". Xiaodu operates at home: the screen displays the word Zhang, and the stroke order animation is displayed.

Xiaodu Xiaodu, why does the sun shine? Xiaodu operates at home: the screen displays relevant knowledge content and reads aloud.

Xiaodu Xiaodu, who is Jacky Cheung? Xiaodu operates at home: The screen displays the Jacky Cheung introduction video in the second understanding encyclopedia. After the video ends, the relevant information of Jacky Cheung is displayed.

Xiaodu Xiaodu, describe the solar system. Xiaodu operates at home: The screen displays relevant knowledge content and reads aloud.

Figure 5 shows the elephant photo

Figure 6 shows the stroke order animation

Xiaodu can speak and sing at home, and the lyrics are displayed synchronously. It’s really good

As a smart speaker, Xiaodu’s rap function at home is really not bad. After upgrading Xiaodu’s system at home to the latest version, you can link the QQ music account, so that the resources that can listen to songs become massive. As for video resources, Xiaodu calls iQIYI video and Haokan Video at home, among which iQIYI video can log in to the account, and iQIYI VIP users can skip advertisements. And the book review resources use resources from Himalayas, Dragonfly FM, and Koala FM.

In addition to telling Xiaodu what to watch and listen to at home, users can also enter Xiaodu’s content square at home to conduct content on demand. The content square contains content such as film and television, short videos, news, radio, music, children, games, and audio.

Figure 7: Content Square

For music content, after binding QQ Music, you can basically hear all the songs you want to listen to, and Xiaodu has a good function at home, which is to display the lyrics synchronously when playing songs.

Figure 8 can display lyrics synchronously

Xiaodu is very convenient to watch videos at home, and there is also live TV.

Compared to the smart speaker without a screen, Xiaodu can not only get resources to listen to at home, but also get resources to watch. Users can use Xiaodu to watch the resources in the iQIYI video at home, and when they are bored, they can let Xiaodu play funny videos at home. If you can play audio & video, that would be great.

When playing video content, the user can use the player control button to quickly switch the previous and next video, pause the video and collect the video, and voice command to fast forward and rewind for how many minutes. Support the user’s familiar left swipe setting brightness and right swipe setting volume function.

Figure 9 Playing video content

Figure 10: Broadcasting a radio drama

For video content, users can use small degree at home will be projected to the TV, small degree at home currently supports DLNA function, can be projected to iQIYI TV fruit under the same network, but also supports most smart TV DLNA projection function.

In addition to these, Xiaodu also supports live TV at home, allowing users to watch TV. Xiaodu also has online radio at home, making it convenient for users to listen to radio stations.

Figure 11 Live TV function

3 Video conversations for all ages

Convenient for the elderly and children, video dialogue function

There is a prominent dial button in the upper left corner of Xiaodu’s standby screen at home. After clicking, you can enter the dial interface and directly video call the set contact. If the other party Xiaodu’s home APP is online, you can have a video conversation after connecting. This function is a very good function for children or the elderly at home. Two Xiaodu can also video call between homes.

Figure 12 Video conversation

In addition, Xiaodu also supports direct calling at home, but this function is not free and requires users to recharge before using it.

Figure 13 Normal dial

With this camera, users can also view the content in front of the camera with their mobile phone in real time. Users only need to enter the home interaction of the Xiaodu Home APP to view the camera content in real time. When the user views, a reminder will pop up in Xiaodu’s home and play a prompt tone to remind the user that someone is viewing the camera. Users can also manually turn off the camera at Xiaodu’s home.

Figure 14 View the camera content in the Xiaodu Home APP

Figure 15 Small degree reminder at home

Xiaodu’s camera at home can also help users take pictures quickly. Users only need to use the voice command "Xiaodu Xiaodu takes pictures", and Xiaodu will take pictures after counting down 3 seconds at home.

In addition, Xiaodu also has a smart capture function at home, which can help users capture exciting content. Users can choose whether to turn on this function.

Figure 16 Intelligent capture function

Xiaodu can teach early at home, and the educational function is quite rich

For early childhood education, Xiaodu has prepared resources such as Baby Bus, Children’s Songs, Little Banlong School, Baby Know, Little Prince Storybook, and Addition and Multiplication for users at home.

Figure 17 Xiaobanlong School

For learning tools, Xiaodu has prepared functions such as Chinese-English translation, concise Japanese, Lele Academy, search banner dialogue to learn spoken language, search banner to learn words, learn ancient poems, and write stories together at home.

Figure 18 Chinese to English translation

Figure 19 Sentence translation function

Users can also directly let Xiaodu perform calculations. In addition to providing answers at home, Xiaodu also displays a calculator for users to perform quick calculations.

Figure 20 Calculation

Xiaodu at home, child protection function

In order to prevent children from using it for too long and being exposed to bad content, Xiaodu Home has prepared a child protection function for users. Users can enable this function in the Xiaodu Home APP. After opening, Xiaodu Online can display only the content of resources suitable for children, distance protection (to prevent children from being too close to the screen), and set usage time limits and search restrictions.

Figure 21 Child protection content

Xiaodu is at home, with built-in mini-games

Xiaodu has several built-in mini-games at home, such as backgammon, vocabulary paradise, guessing musical instruments, guessing animals, you sing and I guess, animal riddles, etc. However, you cannot install special games and other applications by yourself.

Figure 22 Built-in mini-game

Xiaodu’s resources at home are not all free, and some content needs to be paid for, such as Uncle Kai telling stories, looking at pictures to guess idioms, etc. The paid operation is also very simple, just scan the QR code, and support WeChat, Alipay, Baidu wallet payment.

Figure 23 Paid content

4 Training interaction is valuable

Train to make Xiaodu smarter at home

In the Xiaodu Secret Language of Xiaodu Home APP, users can add automatic speech recognition content for Xiaodu Home, and can also customize voice questions and answers. A special function of Xiaodu Home is that users can customize multiple questions to correspond to the same operation, and the corresponding operations can be broadcast, recording and instructions.

Figure 24 Small degree secret language

　　Figure 25 Operation after identification

Remote assistance, you can also control Xiaodu at home from a distance

Xiaodu also has a special skill at home, remote assistance. Users can use the Xiaodu at home APP to remotely control Xiaodu at home. This can help remotely restore when children or the elderly mess up the settings and don’t know how to restore them. Or if you want to see what the child is watching, you can also view it remotely. This is a great function. When entering and exiting the remote assistance, Xiaodu will have a voice prompt at home. It’s just that the image quality of this remote operation interface is a bit low. It is recommended that users can set the image quality according to their own network speed.

Figure 26 Xiaodu remote assistance at home

Family interaction, viewing photos is simple

In the home interactive channel of the Xiaodu Home APP, users can not only view the Xiaodu Home camera function in real time, but also view the smart capture content and the photo album content of Xiaodu at home.

Figure 27 Family interaction

Xiaodu is at home, what can it understand?

The most commonly used way to control AI speakers is to use voice commands, so can Xiaodu understand the user’s commands to perform operations at home? This is a test for Xiaodu at home. The test is affected by the environment and language, and the test results are for reference only and do not represent the final results in the testing environment.

Voice command: "XX share price"

Xiaodu operates at home: the screen displays XX stock price, telling the stock price + rise and fall + total market value.

Voice command: "Express inquiry".

Xiaodu operates at home: Open the courier inquiry, and the user can say the courier number for inquiry.

Voice command: "Good morning"

Xiaodu operates at home: broadcast the date, broadcast a quip, weather forecast, temperature, air quality, and play cheerful music.

Voice command: "What do cats (animals) call"

Xiaodu operates at home: play the dog’s barking + display the corresponding animal photo.

Voice command: "Music"

Xiaodu operates at home: play random music + display lyrics on the screen.

Voice command: "Play Jacky Cheung’s song"

Xiaodu at home operation: play Jacky Cheung’s song + broadcast song title singer + screen display lyrics.

Voice command: "Guzheng Music"

Xiaodu operates at home: play the ancient song

Voice command: "Play Leaving Sorrow"

Xiaodu operates at home: play Leren Sorrow + broadcast song title singer + screen display lyrics.

Voice command: "Change singer"

Xiaodu at home operation: changed a singer to play the sadness.

Voice command: "Do you want to eat?"

Xiaodu operates at home: Compared with eating, these divine songs fascinate me more. Quickly tell me Douyin Divine Comedy.

Voice command: "I’m hungry"

Xiaodu operates at home: Don’t go hungry, go and eat something.

Voice command: "What day is the lunar calendar today?"

Xiaodu operates at home: play the lunar date, and recommend hot spots.

Voice command: "Set the alarm at 18 o’clock"

Xiaodu operates at home: Set an alarm clock.

Voice command: "Set 1 minute countdown"

Xiaodu operates at home: the 1-minute timer starts, and the screen shows the countdown. The last 10 seconds are cool, and the music reminder is completed in time.

Voice command: "Turn off the screen"

Xiaodu at home operation: turn off the screen display.

Xiaodu is at home, some other functions

Xiaodu has Bluetooth function at home. When using Bluetooth to play songs, you can also use voice commands to perform previous and next operations.

After turning on the geek mode, you can start the continuous conversation function without having to start every command in small steps.

Xiaodu supports smart device control at home, and currently supports voice control functions of multiple smart devices.

Xiaodu is at home, some shortcomings and some suggestions from the editor

Let’s talk about the shortcomings of Xiaodu at home.

First: the accuracy rate of automatic speech recognition is far better than that of Tmall Genie. A special case is that after standing by for a long time or performing multiple operations, there will be either recognition errors or no response. These phenomena will be fine after shutdown and restart. The editor estimates that it is caused by insufficient memory. I hope the official will add the automatic memory cleaning function. The editor uses standard Mandarin.

Second: the Bluetooth playback mode of Xiaodu at home, connecting the mobile phone music to Xiaodu at home, I don’t know why it will be one card and one card (I don’t know if it is a separate phenomenon).

Third: Xiaodu doesn’t have a battery at home, so he has to drag a live tail behind him. When using it for children, you need to pay attention to safety.

Fourth: It is recommended that the indicator light turn on when the camera is working, rather than the current disabled camera.

Fifth: You can make a cool desktop with an animated version of the weather forecast, plus a temperature and humidity display.

summary

With a touch screen, Xiaodu’s smart speaker at home is indeed much more convenient, and it is really good to use the display screen to display more content on many content, especially encyclopedic content. Watchers with children at home can buy and play, use it to listen to stories and learn knowledge. It is a good tool.

　　Shanghai Pudong Development Silicon Valley Bank released the "Trends in capital markets in China’s healthcare industry – 2023 Annual Report"

　　This year, the "five major articles" of technology finance, green finance, inclusive finance, pension finance, and digital finance were officially included in the "Government Work Report", outlining a clear blueprint for the development of the financial industry. The health care industry is not only related to the well-being of the people, but also to the prosperity of the country as a whole. The pace of innovation and development is closely linked to the deep participation and precise support of finance.

　　Shanghai Pudong Development Silicon Valley Bank, as the first science and technology innovation bank in China to focus on the innovation economy, has released the "2023 Annual Report on Capital Markets Trends in China’s Healthcare Industry" (hereinafter referred to as the "Report") with years of experience in the medical and health industry. The report focuses on biopharmaceuticals, medical apparatus, diagnostics/tools, R & D and production outsourcing services, pharmaceutical services and other tracks, reviewing the development trajectory of China’s healthcare industry in 2023 from different dimensions such as investment, mergers and acquisitions and IPO, and looking forward to the development trend of 2024, aiming to provide entrepreneurs, investors and decision makers with comprehensive and in-depth insights to jointly explore the future development of the healthcare industry.

　　During the adjustment period of the medical and health industry, capital returns to rationality

　　2023 is undoubtedly a turning point year for Chinese life sciences and healthcare companies. SPD Silicon Valley Bank observed that after nearly two decades of rapid growth, the healthcare industry reached the peak of investment and financing in 2021. However, in the following years, the industry gradually entered a cyclical adjustment stage at the capital level, and both the number and amount of investment and financing declined. Despite this, starting from the second quarter of 2023, the number of transactions in the healthcare industry gradually stabilized, showing a positive recovery trend. The investment of capital and talent in the past ten years has significantly enhanced the strength of Chinese healthcare companies in innovation and research and development, and the exploration of commercialization and going overseas has also achieved milestones. These developments not only reflect the transformation of our country’s medical and health enterprises from following innovation to independent innovation, but also show the trend of their products gradually moving towards internationalization, and at the same time, there are more diversified choices in the exit path.

　　Deeply empowered medical industry, long-term support results

　　SPD Silicon Valley Bank has always maintained a positive empowering attitude towards China’s medical and health industry, firmly optimistic about and supporting medical enterprises with core competitiveness. Relying on professional financial services and years of knowledge accumulation of the medical industry, the bank has provided all-round support for these enterprises to help them achieve leapfrog development. In 2023, the bank continued to lay out leading projects in the field of biomedicine, covering vaccines, cell gene therapy, proteomics and other innovative fields, and deeply excavated innovative device companies with high innovation barriers and segmentation ceilings. During this period, the bank issued billions of yuan of letters of intent to medical customers, and existing credit medical customers were also very popular in the market. In 2023 alone, it leveraged more than 8.30 billion yuan in equity financing.

　　Since 2019, SPD Silicon Valley Bank has had medical customers successfully land on the Sino-US capital markets every year, and 2023 is no exception. During this year, the bank successfully helped biomedical customers list in the US stock market, and promoted the listing of skin science research and hair companies in Hong Kong stocks. In addition, many customers have completed authorized overseas transactions or made breakthroughs in their own core pipelines and businesses. It is worth mentioning that the bank’s medical customers have performed well in the industry, ranking 96 times in authoritative lists, such as "2023 Global Unicorn List", "2023 Future Medical 100" and "Zero2IPO V50", etc., fully demonstrating its leading position in the industry.

　　Deep in five major articles, exploring new directions for financial development

　　Shanghai Pudong Development Silicon Valley Bank actively responded to the national strategy, guided by the "five major articles", actively gave play to its professional advantages in the financial field, and supported its implementation with practical actions. In addition to focusing on the medical and health industry, the bank has also paid attention to the development process of the dual-carbon field for a long time. It released the "China Science and Technology Entrepreneurs’ Dual-Carbon Road 2023 Mid-Year Report", which aims to deeply explore the development trends and trends in this field, promote technological innovation, empower the high-quality development of the industry, and is committed to the promotion and implementation of green finance.

　　In the future, SPD Silicon Valley Bank will continue to deepen the "five major articles" and explore new directions for financial development. The bank will actively explore innovative financial products, unswervingly promote the development of green finance, continuously optimize service processes, and accelerate the process of digital transformation to continuously improve the efficiency and security of financial services. Through unremitting efforts and continuous innovation, SPD Silicon Valley Bank will contribute more to China’s modern economic system construction, and jointly write a new chapter in the integrated development of finance and various fields.

　　　[Disclaimer] This article only represents the views of a third party and does not represent the position of Hexun.com. Investors operate accordingly, and please bear the risk.

Car home Liuzhou preferential promotion channel has brought good news to the majority of riders! There is a preferential promotion in Liuzhou, and the highest discount is as high as 10 thousand! The minimum starting price is 229,900. If you want to know more about the discount, please click the "Check Car Price" button in the quotation form to get a higher discount.

Extreme Krypton 007 is a futuristic electric SUV with simple and elegant front face design, smooth lines and full of science and technology. The air intake grille adopts a closed design, which highlights its identity as an electric vehicle. The overall style of the car body is fashionable and dynamic, the roof line is smooth, the tail line is simple, and the overall shape is fashionable and atmospheric. Headlights use LED light source, and the lighting effect is excellent. The lines on the side of the car body are simple and smooth, which highlights the sense of science and technology and movement of Krypton 007. The body size is moderate, which not only meets the needs of daily urban driving, but also does not lose the off-road ability of SUV. Generally speaking, the design of Kyk 007 is full of science and technology, which meets the needs of modern consumers for fashion, dynamic and environmental protection. It is an electric SUV that is worth looking forward to.

Extreme Krypton 007 is a medium and large SUV with a body size of 4,865 * 1,900 * 1,450 mm and a wheelbase of 2928mm, providing passengers with spacious seating space. The body lines are smooth, showing a dynamic and stable design. The front tread is 1635mm, the rear tread is 1650mm, and the front and rear tyre size are 245/45 R19, providing good handling and stability. Extreme krypton 007 tires and rim styles complement each other, perfectly blending sports and luxury elements to make your driving experience more comfortable and enjoyable.

The interior design of Krypton 007 is fashionable and atmospheric, with a leather steering wheel and imitation leather and leather seats, which makes it feel comfortable. The central control screen has a size of 15.05 inches, supports voice recognition control system, and can control functions such as multimedia, navigation, telephone and air conditioning. The front seats are also equipped with heating, ventilation and massage functions to provide a comfortable riding experience. In addition, Krypton 007 is equipped with various adjustment modes, such as front and rear adjustment, backrest adjustment, height adjustment (4-way), leg rest adjustment and lumbar support (4-way), so that passengers can freely adjust their seats according to their personal needs. The front row is also equipped with two Type-C and two Type-C multimedia/charging interfaces in the back row, as well as the wireless charging function of the front row mobile phone. The rear seats can also be laid down in proportion to increase storage space. In a word, the interior design of Krypton 007 pays attention to details and comfort, providing passengers with a comfortable driving experience.

The engine of Krypton 007 has a maximum power of 310 kW and a maximum torque of 440 N·m, which provides strong power performance for the vehicle. This engine can bring excellent acceleration performance and driving experience to Krypton 007, and also provide stable power output for the driving of the vehicle.

The design of Krypton 007 is undoubtedly an impressive highlight. As the owner of car home said, its fashionable atmosphere and family-style design language make people recognize its brand identity at a glance. The waistline of the car body is smooth and powerful, showing a sense of stability and vitality, and the design of the rear of the car also echoes the front of the car. In addition, the workmanship of the car body is also worth mentioning, both the paint surface and the sheet metal part are handled very well. Generally speaking, the design of Krypton 007 is undoubtedly a successful work, which fully shows the design concept and technological level of the brand.

Is there no electricity when the electric car is hot?

Text/gale

Editor/Chen Momo

Over the years, China has led the world in the production and purchase of electric vehicles. These cars are the result of a lot of subsidies, although there are also some cases of poor quality. In this market, there are a lot of running brands. These companies lack a strong sales network, but they have their own inherent advantages, such as the best battery supply or more advanced software than their competitors.

In the overwhelming situation of new energy, many automobile manufacturers are exceeding their production targets and trying to achieve "harvest" with this trend. On December 13th, 2022, Geely Automobile officially announced to the public that its high-end electric vehicle sub-brand Kykrypton had submitted its IPO registration documents to the US Securities and Exchange Commission on December 7th, 2022, and planned to be listed in new york as early as the second quarter of 2023. It is rumored that krypton is valued at around $10 billion. This indicates that this new car company, which was established less than two years ago and hatched by traditional car companies, has begun to break through the IPO of US stocks.

There are several basic elements to highlight the tight encirclement. First of all, the new forces must find a niche market that can be used as a starting point for expansion. Then, it is necessary to have the ability to mass-produce cars and break through the bottleneck of production capacity. Finally, it is necessary to create a relatively mature sales and distribution network. It is more important to choose the right market segment, provide something really different and put your own technical mark on it.

Obviously, krypton still has a big gap in these aspects.

1 sales scenery can not hide financial weakness

2022 is a successful year for krypton cars. With only one model of Kykrypton 001, Kykrypton delivered a total of 71,941 vehicles throughout the year, with an average order amount exceeding 336,000 yuan. In December, Kykrypton continued to win the title of "sales champion of pure electric vehicles of China brand with more than 300,000".

In 2023, Extreme Krypton will not only launch its second model, Extreme Krypton 009, but also replace the Kirin battery. The 2023 Extreme Krypton 001 with a battery life of more than 1,000 kilometers will also be put on the market. In terms of overseas market layout, on the one hand, it began to sell cars designed by Mobileye and equipped with NZP high-speed autonomous navigation assistance system in Europe; on the other hand, the unmanned application scenario developed based on ZEEKR M-Vision concept car is the exclusive travel service products created by Waymone driverless team, which will also begin to gradually land. The quality of the car will be further recognized by overseas customers.

Compared with other new forces, there is not much financing before the IPO. Its latest round of financing was the $500 million Pre-A round of financing completed in August 2021. At that time, the valuation of Krypton cars reached $9 billion. Therefore, after the substantial increase in sales in 2022, the valuation of Krypton did not increase significantly, which shows that under the influence of the potential global financial crisis, the US stock market with abundant funds is not optimistic.

As the first batch of new forces in China, Wei Xiaoli also chose American stocks as the main battlefield of her IPO before making a profit. From the establishment of the company to the IPO, the three companies took four years, six years and five years respectively. In contrast, it has only been two years since its establishment. Judging from the valuation, although Krypton’s performance is much better than that of Wei Xiaoli at that time, and there is strong support from traditional car giants like Geely, there is still a clear gap in market value. The current valuation of Krypton is only $10 billion, which is about 70 billion yuan. At that time, Weilai’s valuation reached 134 billion, and the ideal valuation was 156.7 billion yuan. However, compared with the valuation of zero-running cars listed in Hong Kong stocks last year, Krypton is still much higher.

It turns out that it is difficult to make a profit by mass-producing electric vehicles. In terms of sales volume and company revenue, there is still a certain gap between Krypton and Wei Xiaoli. In 2022, Xpeng Motors, which has the lowest sales volume among Wei Xiaoli, has delivered more than 120,000 vehicles, and the vehicle matrix of the three car companies of Wei Xiaoli has been relatively complete. Therefore, in terms of revenue, in the first half of 2022, Wei Xiaoli’s revenue reached 20.2 billion, 14.8 billion and 18.2 billion respectively, while the extremely poor revenue in the same period was only 8.8 billion. As for the level of gross profit margin, in the first half of 2022, Krypton took two years to turn the gross profit margin into a positive one and reached about 5%, which was much better than that of Wei Xiaoli in the same period, but the current situation is that Wei Xiaoli’s gross profit margin has reached 13.8%, 11.55% and 22.09% respectively.

In terms of losses, in 2021 and the first half of 2022, the polar net losses reached 1.01 billion yuan and 759 million yuan respectively. In just one and a half years, Krypton has lost as much as 1.769 billion yuan. For a brand-new car company that has just been established, if it is not supported by Geely Automobile through its system capabilities, the loss will probably be even greater. But even so, whether it is the development and production of new models, brand promotion and sales channel construction, it needs to invest a lot of money, and these funds have begun to put obvious pressure on Geely Automobile listed in Hong Kong stocks. In the first half of 2021-2022, the net profit of Geely Automobile was 4.847 billion yuan and 1.552 billion yuan respectively, and the year-on-year decline rate of net profit reached 12.4% and 34.81% respectively. Such a sharp decline is not only related to Geely’s own performance, but also to the large amount of investment required for extremely krypton cars.

2 advantages and disadvantages of listing US stocks

Obviously, under the circumstances that the valuation is not high due to the poor environment, it is closely related to the situation of Krypton itself that it still seeks to be listed in the US stock market.

Before Krypton, the impact on science and technology innovation board’s listing was unsuccessful. At the earliest, Geely Automobile hoped to return to science and technology innovation board to raise enough funds for itself, but later science and technology innovation board did not open the door for Geely. Then Geely Automobile gave Krypton the quota to hit science and technology innovation board, but from the current situation, Krypton’s scientific and technological attributes have not been recognized by the regulatory authorities. As an industry with heavy capital and assets, the future sustainable development of Krypton still needs to continuously inject a large amount of funds, which may not be completed by Geely Automobile alone. By listing in US stocks with relatively higher valuation and better liquidity, you can naturally get greater returns than listing in Hong Kong stocks.

However, the potential political risks faced by going to the United States for listing are also factors that have to be considered. On the one hand, vehicle companies like Krypton need to deal with a lot of personal information, and if it involves autonomous driving, it will produce more surveying and mapping data. At this time, it is necessary to find a method acceptable to both regulators under the two major judicial systems of China and the United States. On the other hand, global competition between China and the United States is inevitable. No one can guarantee whether the United States will exert the same extreme pressure on enterprises like Krypton as it did on Huawei in the past. In this case, let alone state-owned enterprises listed in the US stock market have chosen to review the listing of Hong Kong stocks/China mainland’s own securities market, and reserve a financing channel for themselves. Even private car companies like Wei Xiaoli have already completed the secondary listing in Hong Kong stocks. Therefore, listing in the US stock market is definitely not the end of extreme krypton. Finding more stable financing channels for yourself may be the strategy that needs to be considered in the next step.

In the past two years, many companies under Geely Group have completed listing. From Volvo cars and polar star cars to Yikatong and Krypton, there may be Lotus cars, Cao Cao trips and long-distance cars soon. Promoting the listing of its enterprises is a shortcut to reduce its capital contribution burden. However, in the current environment, both valuation and potential political risks need to be weighed by Geely Group. The road ahead is not easy. Especially for krypton cars, after most car companies in the world have made clear the development direction of pure electric, the competition facing krypton will become more and more fierce. If there is no solid sales as a support, even if Krypton has completed the listing of US stocks, its prospects will be bleak.

3 alleged quality problems and sales fraud are frequently defended by car owners.

At present, there are only two models on sale, namely "Extreme Krypton 001" and "Extreme Krypton 009", in which the former is the main sales model and has both coupe and SUV attributes; The latter is positioned in pure electric luxury MPV.

According to a number of media reports, there are online videos showing that four "extremely krypton 001" cars with the words "power failure, electric door failure" passed directly from the door of extremely krypton store.

Since January, 2023, on the official app of Krypton and the national complaint platform for defective products, a large number of Krypton owners have reported that there is a power system failure in Krypton 001 (configuration | inquiry). The vehicle will suddenly jump out of the dashboard when the cold car is started and driving, and the power is limited, so it can’t drive, and the esc is abnormal. And complaints about the unilateral tampering with the contents of the car purchase agreement by extreme manufacturers. The number of complaints about krypton brands has increased significantly, with 639 complaints involving krypton 001, ranking first among all brands.

Coincidentally, "Extreme Krypton 009" also has problems. According to the black cat complaint platform, "Extreme Krypton 009 is forced to lock the order and is not transferable. However, according to the agreement, it is transferable. Now it is against the agreement to tell that it is not transferable. It is a overlord clause to force the lock order without any real car.

In addition, according to the news a few days ago, a picture of a car blogger broke the news, showing that many car owners were sitting at the door of the extreme experience store to defend their rights. These car owners said: "Extreme sales routines defraud consumers and demand a refund!" . At present, more than 2,000 big car owners have complained together, and their demands are still increasing: unilateral breach of contract, unilateral tampering with the contract without consulting the car owners, loss of confidence in the car companies, and demand a refund for one.

In this regard, there is no relevant response from the extreme.

On the car quality website of the car complaint platform, there have been a lot of complaints about Krypton 001 recently, and almost all the reasons for the complaints are "Krypton manufacturers unilaterally tampering with the contents of the car purchase agreement". According to the owner of the complaint, in order to dispel consumers’ doubts about buying the first new energy vehicle, the first new energy vehicle has been introduced to enjoy the lifetime warranty of the whole vehicle and the preferential policy of the current order price, and the owner is not restricted from modifying the order. The premise is that under the negotiation of both parties, users can change the vehicle configuration plan before locking the order. Until December 2022, the official is still promoting that all models can enjoy a lifetime warranty.

　　Recently, according to the editor of Xi ‘an Sub-station of the online auto market, it was learned from Pang Daxing Chi’s Fujian Mercedes-Benz 4S store in Xi ‘an that the cash discount for 2013 Fujian Benz-Viano was 2,000 yuan, and there was no discount for 2014 Viano (the market is changing at any time, please quote the specific discount in the exhibition hall). There are enough cars now. Interested parties may wish to call the dealer or go to the store for more information. For more details and more discounts, please call 4008-112-233 to 2949.

　　Viano’s original chair face-to-face layout and unique small table board can make you easily win the hearts of the people, whether it is business reception, business negotiation or gathering team strength. At the same time, Viano is also the first MPV model in the world to receive a five-star evaluation of E-NCAP safety collision, and the ESP enhanced safety system will escort your business trip all the way.

　　In terms of interior, Viano Premium Edition is inlaid with exquisite brown walnut grain trim on the classic leather steering wheel, which greatly improves the grade of the whole vehicle, with spacious interior space and comfortable driving experience.

　　Viano 3.0L is equipped with a newly adjusted 3.0L M272 gasoline engine, which adopts V-shaped six-cylinder layout, with a maximum power of 165Kw and a maximum torque of 290 N m. With a 5-speed automatic manual transmission, it has the characteristics of low speed, high torque and high speed. Mercedes-Benz E300 and GLK300 are also equipped with the same type of engines.

　　Editor’s comment:Viano adheres to the design concept of luxury car and realizes the perfect combination of art and technology. It is the only MPV that has obtained the five-star safety standard of European new car evaluation procedure. The new Viano launched this time has greatly improved the overall comfort, safety and handling of the vehicle, especially the application of ESP (Electronic Stability Program), which is rare in the same category, and has raised the standards of the domestic luxury commercial vehicle industry to a new height.

　　China Securities Network News (Reporter Huang Lingling) Recently, Tang EV Glory Edition, Tang DM-p Glory Edition /2024 Ares Edition were listed. Among them, there are 3 models of Tang EV Glory Edition, and the price is 219,800-269,800 yuan; Tang DM-p Glory Edition has two models, with a price of 229,800-249,800 yuan; The 2024 Tang DM-p Ares Edition has a total of one model with a price of 269,800 yuan.

　　Tang EV Glory Edition, Tang DM-p Glory Edition /2024 Ares Edition all come standard with Yunqi -C intelligent damping body control system.

　　According to reports, Yunqi -C can realize stepless adaptive adjustment of damping by controlling the electromagnetic valve of the shock absorber. When the vehicle passes through the bumpy road, the comfort control strategy of high frequency and small damping is adopted to improve the driving comfort. When the vehicle is in rapid cornering, acceleration and braking, the maneuverability control strategy with low frequency and large damping is adopted to provide greater support, restrain the body roll and pitch, and ensure the handling stability of the vehicle. Compared with the traditional passive suspension, Yunqi -C makes the vehicle achieve a "qualitative" improvement in driving comfort.

　　At the configuration level, Tang EV Glory Edition, Tang DM-p Glory Edition /2024 Ares Edition come standard with over 100 flagship configurations. In terms of smart cabin, the new car upgraded the smart cockpit and joined hands with international chip giants to deeply customize the vehicle-class cockpit platform supporting 5 G. In terms of intelligent driving, thanks to the intelligent driving assistance system, the new car can achieve L2+ intelligent driving assistance level, and has the functions of blind spot monitoring, door opening warning, etc., and its active safety performance is leading at the same level.

　　Previously, BYD Hantang Glory Edition sold well when it was listed, and achieved sales of 34,092 vehicles in March 2024.

[Wen/Dao Ge said that the car listens to the wind] In December last year, a Volvo plug-in hybrid car in Chengdu spontaneously ignited. At that time, the Volvo S90 T8 parked in the basement suddenly smoked without charging. Before that, in November, a Volvo XC60 T8 plug-in hybrid car exploded in Nanjing, and the side door, front hood and C-pillar of the vehicle were seriously damaged.

But it is such a Volvo car with frequent safety accidents in new energy vehicles, but the CEO of the company said, "For safety reasons, electricity will not be replaced."

According to foreign media electrive, Jim Rowan, CEO of Volvo, said in an interview recently that frequent disassembly and installation may pose a risk to safety, making the battery pack more vulnerable to damage and fire hazards when vehicles collide, which is inconsistent with Volvo’s consistent adherence to the concept of safety first.

In fact, as another form of energy supplement for new energy vehicles, the existence of electricity exchange itself is full of controversy, but the focus of controversy is mostly on costs, standards and other aspects, and the debate on safety rarely appears.

But the CEO of Volvo said that "electricity exchange will not be adopted for safety reasons" is not the connotation of those car companies that adopt this technology? In recent years, a number of car companies have entered the circuit, including FAW, SAIC, Changan, BAIC, GAC, Dongfeng, Geely and Weilai.

As we all know, Volvo has always liked to flaunt safety, but Volvo’s new energy vehicles have frequently experienced safety accidents. At the end of September this year, Volvo Cars recalled 4,720 plug-in hybrid models because of the hidden danger of thermal runaway of power batteries in imported Volvo XC90, domestic Volvo S60, domestic Volvo S90 and domestic Volvo XC60.

Ou Yangming Gao, academician of China Academy of Sciences and executive vice chairman of China Electric Vehicle committee of 100, publicly stated that the thermal runaway of the battery was the main cause of the fire accident. Then, were the spontaneous combustion and explosion accidents of Volvo new energy vehicles that happened last year related to this?

What’s more, in terms of new energy vehicle sales, Volvo’s performance is not good, and its monthly sales volume is about 1,000 vehicles. Is it really qualified to guide the new energy vehicle track?

Is it safe to recall Volvo’s new energy because of thermal runaway?

Volvo is a brand with safety as its label, but in the field of new energy vehicles, safety includes not only the body structure and materials, but also the stability of battery pack is an important standard for the safety of new energy vehicles.

Therefore, we will see that "no spontaneous combustion" will definitely become a publicity focus when most new energy vehicle models are listed. From Jim Rowan’s point of view, he also recognized the safety of the battery pack, otherwise, he would not take "frequent disassembly and installation may cause risks to safety, making the battery pack more vulnerable to damage and fire and other dangers in the event of collision" as the reason for refusing to change electricity.

But the safety of the battery pack can’t be eliminated without disassembly and installation, at least for Volvo. According to public reports, in December last year, a Volvo plug-in hybrid car in Chengdu spontaneously ignited. At that time, the Volvo S90 T8 parked in the basement suddenly smoked without charging. Before that, in November, a Volvo XC60 T8 plug-in hybrid car in Nanjing exploded, and the side door, front hood and C-pillar of the car were seriously damaged.

In addition, in September this year, Volvo recalled 4,720 plug-in hybrid vehicles for the record, and the reason for the recall was that some plug-in hybrid vehicles had internal short circuits in the power battery module, and when the power battery was in a high energy state, the battery module might overheat, which in extreme cases led to thermal runaway of the power battery, posing a safety hazard.

Academician Ou Yangming Gao said that the main cause of electric vehicle fire is product quality. "If the battery is overheated, thermal runaway will occur, and uneven battery pack temperature, over-charging, over-discharging, external short circuit, internal short circuit, etc. will all lead to overheating. In addition, battery water ingress, poor sealing and collision will also lead to overheating."

In other words, Volvo plug-in hybrid models that do not have the conditions for power exchange have already experienced the risk of "fire" in Jim Rowan’s mouth. It doesn’t seem to be an impeccable statement not to change electricity for safety reasons. Compared with pointing out the new energy vehicle track, Volvo should probably consider how to increase the sales of new energy vehicles.

Sales of new energy vehicles are bleak.

It is undeniable that Volvo’s slogan in the transformation of new energy vehicles has been very loud. "Full electrification in 2025" and "divesting internal combustion engine business" are the best statements of Volvo’s transformation. However, a cruel reality is that Volvo’s new energy vehicles have performed very poorly in the China market.

Data show that in November this year, Volvo sold a total of 1,114 new energy vehicles in the China market, including 917 plug-in hybrid vehicles and only 197 pure electric vehicles. But this is not a mistake made by Volvo, because its previous performance was even worse. In October, Volvo sold only 917 new energy vehicles in China, of which only 80 were pure electric vehicles.

Even if the timeline is longer, Volvo has come this year. Volvo’s cumulative sales in the domestic market in the first three quarters were 117,700 vehicles, down 11.2% year-on-year, of which the sales of new energy vehicles only accounted for 7%. The data shows that Volvo has not had a smooth transition to a new energy car track.

Of course, the reason is not that Volvo didn’t change electricity, but that "oil to electricity" is really difficult to mix in the China market. But coincidentally, all the new energy vehicles currently sold by Volvo are derived from fuel vehicles, which is the so-called "oil to electricity" products. The biggest feature of this kind of products is that compared with the brand-new model of pure electric platform, it has large servicing quality, small battery capacity, short cruising range, high power consumption level and poor space performance …

From the perspective of Volvo’s pure electric products, the performance is also relatively average. From the product itself, the Volvo C40 RECHARGE listed this year is very average compared with Tesla Model3 and other models at the same price. The Volvo C40 RECHARGE has a cruising range of 550km, a maximum power of 231Ps and an acceleration of 7.2 seconds per 100 km, while the Tesla Model3 rear-wheel drive version has three parameters of 556km, 264Ps and 6.1 seconds respectively, and even the Tesla Model3 rear-wheel drive version (276,900) is cheaper than the Volvo C40 RECHARGE long-life version (309,000). In contrast, the conclusion is that Volvo’s electric vehicles are less competitive.

There is a saying: the market will not deceive people. If Volvo’s new energy vehicle products are really excellent, then its sales volume will naturally be good. From the performance of Volvo, not only has it been recalled due to thermal runaway, but the product is also a product of "oil to electricity". How can a "safety" save Volvo’s new energy vehicles? Perhaps Volvo should consider how the new energy vehicles are safer and how the products are better instead of considering whether to use the power-changing mode.

　 　 　 　Cctv news On November 24th, 2022 Hunan (Changsha) Battery Industry Expo and the 2nd China International New Energy Storage Technology and Engineering Application Conference opened in Changsha, Hunan. Experts, professors and entrepreneurs from the domestic energy storage industry will discuss the whole industrial chain of advanced energy storage materials and applications from the perspective of industry and oriented by application demand, so as to empower the high-quality development of energy storage materials and application of new energy automobile industry in Hunan Province.

　　At the opening ceremony, eight major projects were successfully signed, with a total investment of 33.95 billion yuan, including Luoliu Precision Non-standard Automatic Smart Battery Production Line Headquarters Project, Wuchuang Recycle Lithium Battery Recovery Project, Carbon-based Large Structure Crucible Project for Anode and Cathode Materials of Lithium Batteries with an annual output of 50,000 tons, Desai Energy Storage Battery and Battery Packaging Project, Titanium-manganese Composite Lithium Ion Sieve Adsorbent Project, Anode Material Project for Sodium Ion Batteries with an annual output of 1,000 tons, Graphene New Material Industry Project, Hybrid Energy Storage System and supporting projects.

　　With the theme of "new energy, new opportunities and new heights", this three-day Expo is co-sponsored by Hunan Provincial Department of Industry and Information Technology, Hunan Provincial Department of Commerce and Changsha Municipal People’s Government. The conference adopted the form of "exhibition+meeting", including the opening ceremony and theme report conference and more than 10 professional forums, and set up theme activities such as battery industry Expo and new energy vehicle display.

　　At the exhibition site, there are 5 exhibition areas, more than 1,000 enterprises participated in the exhibition, and a "cloud observation" platform was built simultaneously. BYD, Gaohe, Lantu, Chang ‘an Deep Blue, Geely, Tucki, Ideality, and many other new energy automobile brands were unveiled together, focusing on the new products, technologies and achievements of Hunan’s advanced energy storage materials and innovative development of new energy automobile industry, attracting more than 100,000 people online and offline.

　　Advanced energy storage materials industry is a strategic and basic industry to develop new energy vehicles and energy Internet. The Hunan Provincial Party Committee and the provincial government have listed advanced energy storage materials and power battery industry as one of the 22 advantageous industrial chains for key cultivation, and initially built a relatively complete industrial chain from raw material production, battery manufacturing, system integration, popularization and application to resource recycling, forming a "one core and many points" industry with Changsha as the center and Zhuzhou, Xiangtan, Yongzhou, Changde and Yiyang as multi-points layout.

　　Zhang Zhiping, deputy director of the Hunan Provincial Department of Industry and Information Technology, said that at present, there are more than 100 enterprises above designated size in Hunan’s energy storage materials industry, forming a dominant industrial chain with influence in the whole country, such as positive electrode materials, negative electrode materials, separators, batteries, energy storage systems, and recycling of waste power batteries. It has cultivated 5 billion enterprises and attracted a number of major projects such as the Bangsheng Group’s 300,000-ton Ferrous lithium phosphate project. It is estimated that the scale of the province’s advanced energy storage materials and power battery industry cluster will exceed 130 billion yuan this year, up by about 50%

　　During the conference, academicians Chen Qingquan, Tan Jianrong, Pan Fusheng of China Academy of Engineering and Lu Jiazheng of China Institute of Electric Power delivered keynote speeches, and leading enterprises in the industry gave speeches and exchanges.

　　After more than four months of filming, the 30-episode spy drama "Chongqing spy war" will land on Zhejiang Satellite TV on the 26th.

　　While maintaining the unique style of the spy drama, the biggest highlight of Chongqing Spy War is the revolutionary love among the characters. Although Wang Yuan, a female No.1 who is known as the "Gege professional household", won the unforgettable love of the two leading men in the drama, their positions and identities were complicated, and they fought with each other in their communication, undercover investigation, full of "infernal affairs" atmosphere.

　　Since the drama was previously broadcast on some local TV stations, the ratings have gone red, and the performances of Liu Xiaofeng, Wang Yuan and Dong Yong are more pleasing to the audience. It can be seen that the popularity of spy war dramas flooded the screen has increased instead of decreasing.

Dawn News Network-Dawn News The reporter recently learned from the Municipal Education and Sports Bureau that this year’s "Happy Fitness" action plan to warm people’s hearts has been released. The plan focuses on the construction of public facilities, the maintenance of community facilities, the participation in fitness activities, etc., and makes corresponding arrangements for the annual "Happy Fitness" to warm people’s hearts.

In terms of public facilities construction, the city plans to build 2 sports parks, 22 pocket sports parks, 75 kilometers of fitness trails (Wanmei Trail), 22 people’s gyms, and 5 "Hemei Village" demonstration sites. In terms of community facilities maintenance, 130 communities have been newly equipped with fitness paths, 16 school sports venues have been opened to the outside world, and fitness facilities in urban communities have been comprehensively maintained and repaired. A new community sports health promotion center, six community fitness centers for all, six fitness demonstration sites and two outdoor people’s fitness stations have been built, and two trails have been intelligently upgraded. In terms of participation in fitness activities, it is planned to hold fitness training covering 150,000 person-times, with 600,000 people participating in the event.

It is understood that this year’s "Happy Fitness" campaign in the city has shown many characteristics. From the construction of sports facilities, Pocket Park has become the "main force" of new facilities, which shows that the construction of sports facilities is within reach, effectively improving the fitness convenience of residents and effectively solving the problem of uneven distribution of facilities. The construction of the "Hemei Village" demonstration site reflects that the "Happy Fitness" action to warm people’s hearts actively practices the national strategy, so that more villagers can enjoy the dividend of rural revitalization and pay attention to the coordination and balance of development. At the same time, fitness training and participation in sports events also provide a broad stage for the general public, so that citizens can have more "soft support" in the process of fitness. (Reporter Shark Wang)