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Review of Wuling brand development history with the coming of new China

  [car home Brand History] In recent years, Wuling Automobile has maintained its position as the "leader" in the field of mini-cars, or in the cooperation of "SAIC+GM+Wuling", its development momentum is so strong. However, before Wuling transformed into a mini-car, its arduous development course was little known. From the founding of New China to the present, Wuling Automobile has been accompanying the social and economic development of China. From Liuzhou Power Machinery Factory to the transformation of tractor production, from "specialized with miscellaneous products" to the development of mini-cars, the development of "Wuling" is accompanied by the continuous social and economic progress in China, and also bears witness to the deep imprint of the history of New China along the way. Today, let’s review this car brand from New China.

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Formerly known as Liuzhou power machinery factory

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  At the beginning of 1958, under the guidance of the general line put forward by the Central Committee, "Make full efforts, strive for the upper reaches, and build socialism quickly, well and economically", Guangxi Zhuang Autonomous Region decided to expand Liuzhou Machinery Factory into the main production base of Guangxi power machinery, mainly for large marine diesel engines. On October 28th of that year, the new plant of Liuzhou Power Machinery Factory, the predecessor of Wuling, officially broke ground, marking the beginning of the company’s first venture.

Put into operation a bumper harvest tractor.

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  Liuzhou Power Machinery Factory is separated from Liuzhou Machinery Factory (hereinafter referred to as "Liuji"). Power machinery is engaged here, and military supplies are engaged in the parent factory there. But in 1959, during the difficult economic period, the country basically had no demand for ship production, so Liuzhou Power Machinery Factory could not develop well. In response to Chairman Mao’s call of "realizing agricultural mechanization nationwide in 1980", Liuzhou Power Machinery Factory began to switch production and trial-produce tractors in 1961-1962.

  In September 1964, the tractor was successfully trial-produced, and it is planned to produce 300 tractors annually. In 1965, Fengshou tractor was listed as a national standard product through expert appraisal. Wuling people in the initial stage left many stories of hard work and self-improvement.

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  At that time, it coincided with the Cultural Revolution, but Wuling people never stopped production, stayed on the crude production line, ate simple food and focused on the production and research and development of tractors.

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  The output and quality of tractors are constantly improving, and they are deeply loved by farmers. In the mid-1970s, Liuzhou Tractor Factory increased by 40% every year and doubled in two years, with an annual output of 5,000 vehicles. From a local small tractor factory, Liuzhou Tractor Factory became one of the eight largest tractor factories in China. Liuzhou tractor factory has turned losses into profits, which seems to be the most prosperous time, but the problem has come out.

Maintain survival by "miscellaneous support and specialization"

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  At that time, the sales of tractor factory belonged to the planned economy, that is, the state gave a plan, while tractor factory ignored marketing. The tractors produced will enter the warehouse of the Agricultural Machinery Bureau as soon as they get off the line, and the Agricultural Machinery Bureau will "pay the bill". At the end of 1978, the production of tractors reached its peak. In the same year, the Third Plenary Session of the Eleventh Central Committee was held, the country carried out system reform, and with the policy of "land contract", industrial products were no longer underwritten. In 1980, the factory had a backlog of 1713 tractors, which made a loss for the whole year and faced a survival dilemma.

  In order to survive and develop, the broad masses of cadres and comrades seek sewing machines, looms and other products to do, and they also realize that it is impossible to cling to the tractor as a single product. This will not only keep the tractor, but also make it difficult for the factory to survive, so we must make up our minds to adjust the production. At the beginning of 1980, the Military Industry Bureau of the Central Ministry of Agricultural Machinery introduced a Japanese Mitsubishi pickup truck and organized relevant domestic manufacturers to study and tackle key problems, but Liuzhou tractor factory was not included here. After learning the relevant news, Liuzhou Tractor Factory resisted various pressures, introduced a Japanese mini-car and started its own research.

  In view of the fact that some light industrial and civil products sold well at that time and there was a lack of mini-cars in China’s automobile industry, the factory decided to switch to multifunctional sewing machines and 1515 automatic shuttle-changing cotton looms to survive, and began to develop mini-cars on the one hand. These representative slogans, such as "specialized in miscellaneous services, no loss, no profit" and "standing firm and punching fists", vividly outlined the living conditions of Wuling at that time.

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  The development idea of "specialized with miscellaneous products" not only eased the survival dilemma faced by the factory, but also created favorable conditions for the development of mini-cars in the same period.

Embark on the road of converting to mini-cars

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  In January, 1982, LZ110, the first minivan developed by the factory by manual tapping and copying, was successfully trial-produced, achieving a zero breakthrough in the field of minivan manufacturing. On September 13th, the People’s Government of Guangxi Zhuang Autonomous Region issued the Notice on the Joint Construction of Mini-cars by Liu Tuo and Liu Ji, and decided that Liu Tuo would switch to mini-cars. On April 1st, 1983, the State Planning Commission and the Economic Commission issued the document No.425 (1983) Notice on Doing a Good Job in Fixed-point Minicars, and the factory was designated by the State Planning Commission and the Ministry of Machinery Industry as one of the four designated mini-car manufacturers in China. In October 1984, the "Wuling" LZ110 minivan produced by Liuzhou Tractor Factory passed the national technical appraisal. More than 2,300 vehicles were put on the market that year, which was very popular with users.

  In 1985, the factory actually produced 4,224 cars with a total industrial output value of 73.23 million yuan, exceeding the five-year adjustment of "3,000 small trucks with a total industrial output value of 60 million yuan". Also in this year, Liuzhou Tractor Factory was officially renamed Liuzhou Mini-car Factory, successfully transforming mini-cars.

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  Speaking of the logo of Wuling, at first, the mini-car used the "W" logo of the "Wanjia" brand sewing machine produced by the company, and later changed it to a gem logo. One day, a young college student named Wei Hongwen re-created the logo of Wuling in use according to some reflections at that time. The newly designed logo is composed of five diamonds in the shape of "W", which is consistent with the pinyin letters of "Five". The overall design is simple and generous, giving people a strong impression of "taking off and flying". At that time, the leading group in the factory attached great importance to it and held a meeting to discuss it repeatedly, and finally unanimously agreed to this idea. In 1987, when the Z110OVH van rolled off the assembly line, the new Wuling logo was officially registered and activated, and it has been used ever since.

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  After the transformation of mini-cars, "Wuling" actively raised money and technology from all walks of life to continuously improve the company’s manufacturing level and product quality. At the same time, three phases of large-scale technical transformation and quality improvement were carried out around the four major processes of automobile production: stamping, welding, painting and final assembly.

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  At the same time, Liuzhou mini-car factory began to actively explore the way out of the country. In 1990, the first batch of 15 mini-cars were exported to Thailand, achieving a zero breakthrough in foreign exports.

  In 1992, the annual output of Liuzhou mini-cars ranked second in the same industry and 13th among 40 auto factories with an annual output of more than 10,000 vehicles in China. Thus, Liuzhou mini-car factory has occupied a considerable position in the national auto industry. Moreover, in terms of quality, since 1987, Liuzhou mini-cars have reached the first-class product in every inspection, and in 1990, the products were also listed as "inspection-free products". For example, the main performance indexes of LZ110P truck have reached the international advanced level of similar products in 1980s, and it has been rated as "China recognized brand-name product" by users.

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  Through foreign cooperation and the third-phase technical transformation, Liuzhou Mini-car Factory has a modern production line, with the continuous improvement of manufacturing capacity, management level, production efficiency and product quality, the product line is gradually enriched and the production capacity is gradually expanded. In 1995, its annual production and sales reached 50,000 vehicles, and the scale benefit began to show, and it increased by nearly 20% every year. In the same year, Wuling automobile entered the Tibet market, the roof of the world.

Established liuzhou wuling Automobile Co., Ltd.

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  On February 28th, 1996, liuzhou wuling Automobile Co., Ltd. was established. During this period, many national leaders visited the factory for inspection and guidance.

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  On July 8, 1996, Wuling Automobile finally signed a technical assistance contract with Daihatsu Automobile Co., Ltd. of Japan after many investigations and textual research. In the same year, the first batch of 10 LZW6370A jointly developed by the two parties rolled off the production line, and the car made its first public appearance at the "China Wuling Automobile’ 97 Beijing Press Conference" held at Diaoyutai State Guesthouse on March 16th, 1997.

  Because the car body is lowered and the front of the car is moved forward, the whole appearance changes from the past, and it looks smooth and smooth, like a bullet. The car uses a Japanese Daihatsu 1.3L inline four-cylinder naturally aspirated engine with a maximum power of 54 kW. In addition, the angles of the three rows of seats can be adjusted, and the rear seats can be folded to increase the loading space, which is an ideal model for public and domestic use at that time.

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  While people were immersed in joy, a sudden disaster happened. On July 20, 1996, the biggest flood disaster occurred in Liuzhou, Guangxi, and the stamping parts factory and the fifth distribution factory of Wuling automobile were all submerged, resulting in serious losses. However, Wuling people are not silent in the negative and grief. They are united in their efforts to overcome difficulties and actively participate in the restoration and construction of the factory and production. At the same time, on July 26, Wuling people carried forward the spirit of "one party is in trouble and all directions support", did their part, actively responded to the call of Liuzhou Municipal Party Committee and Municipal Government, and held a donation activity of relief materials.

 Seeking a way out in the predicament of developing Wuling automobile through joint venture

  In December 1998, the production and sales volume of Wuling automobile reached 100 thousand, ranking first in the domestic mini-car industry; On July 13th, 1999, liuzhou wuling Automobile Co., Ltd. was established.

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  On August 23rd of the same year, the 500,000th Wuling automobile rolled off the assembly line. But behind this glamorous figure, there is a turbulent torrent of competition in the micro-car market. In June, 1999, the market share has dropped from more than 20% to 15%, and Wuling is facing challenges again. With the rapid development of the enterprise, the problem of extensive management has emerged, which has also brought thinking to the management. At that time, it was obvious that the stamina was insufficient, and whether it was funds, management or technology, it was inadequate. At this time, the reform of state-owned enterprises has developed into a new stage of enterprise reorganization and the introduction of foreign capital and technology, and the urban government and factory leaders have also begun to work hard in this regard.

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  Under the severe situation, Wuling automobile decided to get rid of the simple extension and expand the reproduction mode, and carry out comprehensive reform and upgrading in management, quality and technology. In terms of quality control, it successfully passed the authoritative third-party certification of ISO9001 quality system in September, becoming the first domestic micro-car enterprise to pass this certification; In terms of technology upgrading, Wuling Automobile invested heavily in establishing a technology center, obtained a national-level technology center and an enterprise postdoctoral workstation, and began to take the road of independent research and development of integrated resources of "production, learning and research", which greatly enhanced the company’s research and development strength.

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  In 2000, Wuling Automobile continued to expand its export trade, and signed cooperation agreements with Indonesia and Syria in May and October.

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  In the process of seeking foreign cooperation, Wuling Automobile has constantly seized cooperation opportunities and explored ways of cooperation. At that time, many domestic automobile factories had joint ventures with famous foreign automobile companies, and the situation was promising. Sichuan Changhe was a pioneer. So Wuling also intends to talk about joint venture with GM through "municipal government leading and enterprises cooperating". However, at that time, the central government stipulated that a foreign company could only engage in joint ventures with two domestic enterprises at most. At that time, GM already had two, one of which was SAIC. Only by joining SAIC first can we cooperate with GM as SAIC. In July, 2001, Wuling Automobile formed a strategic cooperation with SAIC in the form of allocation of assets from the core enterprise liuzhou wuling Automobile Co., Ltd., and achieved the first step of "expanding".

 SAIC-GM-Wuling Automobile Co., Ltd. was established.

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  The year 2002 was a milestone for Wuling Automobile. In June, Wuling Automobile reached a cooperation with SAIC and General Motors of the United States, and established a tripartite joint venture-SAIC-GM-Wuling Automobile Co., Ltd. (SGMW for short). Wuling Automobile allocated its resource advantages to SAIC, and finally gave birth to SAIC-GM-Wuling Automobile Co., Ltd., which was formed by SAIC, GM and Wuling Automobile. ) and officially listed on November 18th of that year. At this point, Wuling Automobile has integrated the resources and advantages of SAIC and American General Motors in capital, technology and management, and stood at a brand-new starting point and entered a stage of rapid development.

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  In 2001, Wuling Light began research and development. However, after the prototype rolled off the assembly line, the company found that its body was too narrow and decided to widen the width of the body from 1.40 meters to 1.56 meters. In November 2002, Wuling Light went offline and was officially listed, but the response in the market was not satisfactory. This is related to the short development cycle and insufficient preparation. In addition, although there is no big problem with the new car just listed, there are many minor problems such as "running, dripping and leaking", such as burrs on the seat, poor sealing of the rubber strip, silent horn and oil leakage in the rear axle.

  Faced with these problems, SAIC-GM-Wuling decided that it would rather not sell cars than solve these problems first. They specially invited experts from General Motors to improve product quality. After less than half a year’s efforts, all these minor problems have been solved. The time when the new car broke down for the first time has increased from less than 3,000 kilometers to more than 5,000 kilometers. The market feedback is also obvious. By June and July of 2003, the sales of Wuling Light had gone up.

Wuling Automobile SAIC-GM Wuling Light 2010 1.0L New Practical Short Body L2Y

  So far, the classic model of Wuling Light has gone through more than ten years, and it is still a product that users pay attention to and rely on. In 2012, Forbes magazine selected the 12 best-selling cars in the world in 2011. In addition to Toyota Corolla and Hyundai Elantra ranked first and second, Wuling Light ranked third with global sales of 943,000 vehicles. It is also the only non-car product among all the models on the list, and the only brand originated from China. Just the year before, it was praised by Forbes as "THE MOST IMPORTANT CAR ON EARTH" (the most important car on earth).

  After the joint venture, SAIC-GM-Wuling took the integration of excellent resources of shareholders and the integrated development of the three parties as the primary task, and formulated the development strategy of "one steering wheel, four wheels", which guided the joint venture company to integrate development through learning and collision, and continuously improved the company’s management, research and development, manufacturing, sales and service system.

  A steering wheel, that is, the corporate culture of SAIC-GM-Wuling, includes its purpose (to become a leading domestic and internationally competitive automobile company for mini-cars), values (customer satisfaction, teamwork, learning and innovation, honesty and trustworthiness, high efficiency and pragmatism) and mission (to gather resources from three parties, highlight the advantages of low cost and high value, form the unique core competitiveness of SAIC-GM-Wuling, and realize the expectations of shareholders, customers and employees). The four wheels refer to excellent resource integration ability, human resources, technology and management innovation and capital respectively.

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  On November 8, 2003, SAIC-GM-Wuling laid a grand foundation stone for the new painting workshop in the west, and Chevrolet SPARK Le Chi also rolled off the assembly line on the same day. On December 8th, SPARK Le Chi 0.8L displacement vehicle was officially launched. In addition, in order to meet the further market demand, Chevrolet SPARK Le Chi 1.0L displacement model was launched on November 30th, 2004.

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  On June 1st, 2005, the foundation stone was laid for Liuzhou Engine Factory with an investment of over 2 billion yuan, which is also the largest investment project after the tripartite joint venture. This international advanced and domestic first-class engine production base has provided strong support for the rapid development of SAIC-GM-Wuling, which is of great significance to comprehensively enhance market competitiveness.

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  On June 2, 2005, SAIC-GM-Wuling and Yizhong (Qingdao) Transport Vehicle Manufacturing Co., Ltd. held an asset transfer signing ceremony in Qingdao, which indicated that SAIC-GM-Wuling had set up a camp in Qingdao and established a production base directly facing the northern market.

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  On January 1st, 2006, the annual production and sales volume of SAIC-GM-Wuling exceeded 460,000 vehicles, regaining the first position in the micro-car industry (from 2003 to 2006, the annual production and sales volume were 180,000 vehicles, 235,000 vehicles, 335,000 vehicles and 460,000 vehicles respectively, and the market share rose from 18.87% to 38%). In May of the same year, SAIC-GM-Wuling held a long-term cooperation signing ceremony with Hunan University, creating a localized and shared independent research and development model; In September, SAIC-GM-Wuling also held the unveiling ceremony of "Shanghai Jiaotong University-SAIC-GM-Wuling Modern Body Technology Joint Research Center". In November, SAIC-GM-Wuling made its debut at the Beijing Auto Show with the theme of "Winning the Future" and products such as Wuling Light Extended Model, SPARK Le Chi Concept Car and Wuling Hongtu. This is also the first time that SAIC-GM-Wuling has independently participated in the international auto show since the tripartite joint venture. On November 19th, SAIC-GM-Wuling signed the "Strategic Cooperation Agreement on Independent Innovation" with China Automotive Technology Research Center, which indicates that SAIC-GM-Wuling has taken another step in the journey of independent innovation in sharing resources.

B series engine off the assembly line

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  The B-series engines put into production by SAIC-GM-Wuling are designed with general global engine technology, developed by SGMW Technology Center, and independently manufactured according to the characteristics of the domestic market. B series engines are characterized by low cost, low fuel consumption and high power. The biggest technical highlight is that the lifting power is more than 50kW/L. In addition, the 16-valve, double overhead camshaft and multipoint injection make the fuel fully burn and achieve the best economic effect.

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  On March 31, 2008, with the completion and commissioning of the new factory of Qingdao Branch with a vehicle capacity of 300,000, it marked the basic formation of the north-south layout of SAIC-GM-Wuling manufacturing system, further consolidating its leading position in the field of mini-cars.

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  Following the listing of Wuling Hongtu, at the Beijing Auto Show in April 2008, SAIC-GM-Wuling officially released wuling glory, which was independently developed and equipped with B-series high-power engines, thus creating an era of "big micro-passengers". On June 3rd of the same year, wuling glory was officially listed in Qingdao and began to sell to the outside world. Now, after several years, wuling glory has become a well-known micro-surface product. The large size (length/width/height are 4135/1660/1870mm respectively) brings large space, and the wheelbase is 2700 mm.

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  In March, 2009, Qingdao Engine Factory was officially put into operation. Qingdao Branch has two manufacturing plants, namely vehicle and engine, with an area of 461,000 square meters at the beginning of listing to 520,000 square meters now. The product line has expanded from the original Wuling Xingwang single product to a series of products including wuling glory and PN series and single and double-row trucks.

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  On December 18th, 2009, the millionth mini-car of SAIC-GM-Wuling-the light of the new Wuling rolled off the assembly line in the west, and SAIC-GM-Wuling became the first single automobile enterprise in China with annual production and sales exceeding one million vehicles.

Wuling automobile SAIC-GM Wuling Hongguang 2010 1.2L standard model

  At the Beijing Auto Show on April 23rd, 2010, SAIC-GM-Wuling released a brand-new compact commercial vehicle-Wuling Hongguang, which was the first to open a brand-new market segment of domestic compact commercial vehicles. This well-known compact business product was launched on September 6th. It has created a new world in the large-scale commercial vehicle market and subverted people’s traditional impression of commercial vehicles.

  Wuling Hongguang’s appearance design and practicality are beyond ordinary micro-surface products, and it has high cost performance for joint venture MPV and commercial vehicles. Moreover, the interior is completely close to sedan, and the advantages of the car are large space and flexible seats. For users in the second and third tier markets, they pay attention to practicality, have no high brand awareness and are sensitive to cost performance. The listing of Wuling Hongguang meets the various needs of local users for business and home use and has attracted high attention.

Passenger car independent brand "Baojun" released

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  On July 18th of the same year, SAIC-GM-Wuling officially released a brand-new independent brand of passenger cars-"Baojun" in Shanghai, which marked that SAIC-GM-Wuling began to fully enter the field of passenger cars. At the press conference, SAIC-GM-Wuling also revealed that the first product of Baojun will be a compact car, and other passenger cars such as SUV and MPV will also be developed.

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  On August 9th, 2011, this Baojun 630 with the logo of SAIC-GM-Wuling new passenger car finally kicked off the national tour listing in Chengdu under the background of "long-awaited". It was equipped with a 1.5L naturally aspirated engine and a 5MT manual gearbox, and the price range was 6.28-73,800 yuan. Its 1.5L automatic transmission model and 1.8L model were also launched in April and September 2012, respectively.

  With the continuous enrichment of products, SAIC-GM-Wuling has also begun to increase its share and influence in the passenger car market through Baojun Automobile. In the "2012 China Automobile Industry Customer Satisfaction" survey, Baojun 630 won the first place in the 50,000-80,000 yuan model for its superior cost performance, good quality and reputation.

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  On July 10th, 2012, wuling glory put on a Chevrolet gold bow tie (Chevrolet MOVE) and officially landed in the Egyptian passenger car market. For the first time, SAIC-GM-Wuling realized the mass assembly and production of its own products outside China in the form of parts export.

Baojun SAIC-GM-Wuling Le Chi 2012 modified 1.2L manual sports version superior.

  On August 15th of the same year, Chevrolet Le Chi turned into Baojun Le Chi and officially joined Baojun brand camp, becoming Baojun’s first A00-class sedan. After the rebranding, Baojun Le Chi declined in brand appeal, but its configuration was adjusted, which greatly increased its cost performance.

Wuling Hongguang S and wuling glory S are listed.

Wuling automobile SAIC-GM Wuling Hongguang 2013 1.5L S comfort type

  After Wuling Hongguang, a compact commercial vehicle product with a monthly sales volume of about 30,000 units, SAIC-GM-Wuling pursued victory and launched Wuling Hongguang S (video test: the world’s first monthly sales original test drive Wuling Hongguang S) on August 6, 2013. On the basis of Wuling Hongguang, the car has increased its body size, replaced with a 1.5L engine and enriched its configuration, thus enhancing its freshness and competitiveness. Due to the good performance of Wuling Hongguang market, Wuling Hongguang S attracted wide public attention when it was not listed. After listing, Wuling Hongguang S will be sold together with Wuling Hongguang, and compete with Changan Ounuo and Dongfeng Xiaokang scenery.

Wuling automobile SAIC-GM-Wuling wuling glory 2014 1.2LS standard model.

  Just like Wuling Hongguang S, on November 22nd, 2013, wuling glory S was officially listed and entered the public eye. Compared with wuling glory, it has been completely upgraded in appearance and interior. The two are also sold under the same roof.

  By the end of 2013, SAIC-GM-Wuling has owned two automobile brands, Wuling Hongguang, wuling glory, Wuling Zhiguang, Baojun 630 and Le Chi, and has three manufacturing bases, namely, Liuzhou Hexi Headquarters, Liudong Baojun and Qingdao. At present, its annual production capacity reaches 1.31 million vehicles and 1.05 million engines. Today, SAIC-GM-Wuling has been a "million" automobile enterprise in China for five consecutive years. When it becomes the leading car enterprise in the commercial vehicle market and gets a wider user base, it is gradually forging ahead in the field of passenger cars.

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  "Wuling" began its development process from the mass production movement of "building socialism" in the early days of the founding of New China. During this period, I experienced hard times, encountered difficult pressures, and completed three major transformations with the social and economic development and market demand in China. Nowadays, SAIC-GM-Wuling, which is signed by Wuling Automobile, SAIC and General Motors of the United States, has made remarkable achievements and good development momentum in the fields of commercial vehicles and passenger cars. We also expect SAIC-GM-Wuling to continue to develop rapidly and fulfill its promise to develop its own SUV and MPV models. (Text/Figure car home Wang Liang)

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Quality inspection report: sanitary napkins (including sanitary pads)

□ Historical Records of Senior Engineer and Gao Jun of National Paper Quality Inspection Center

  Sanitary napkins and pads are designed for women’s physiological period, which are simple to use and convenient to carry, and are indispensable necessities for every adult woman.

The product structure of sanitary napkins and sanitary pads mainly has three layers: the first layer is the surface layer, which is in direct contact with the skin. The main material is non-woven fabric, perforated film or pure cotton surface layer, which plays a role in infiltration and isolation; The second layer is the absorption layer, the main material is fluff pulp or dust-free paper, and most products also contain polymer absorbent resin to absorb and lock the menstrual blood flowing out; The third layer is the bottom layer, the main material is polyethylene film to prevent menstrual blood leakage, and the back is coated with hot melt adhesive for fixing.

    product classification

1. According to the surface material, it is generally divided into three categories: soft cotton, dry mesh and pure cotton. Soft cotton refers to products whose surface layer is made of nonwoven materials; Dry mesh refers to the products whose surface layer is made of perforated film; Pure cotton refers to products whose surface layer is made of pure cotton material. With the diversified development of products, there will be other kinds of products with surface materials.

2. According to the structure, it can be divided into straight sanitary napkins (see Figure 1) and wing sanitary napkins (see Figure 2).

3. According to the time of use and the amount of absorption, it is generally divided into two categories: daily use and night use. The length of daily sanitary napkins is about 245mm, while the length of night sanitary napkins is above 285 mm.

4. According to the product function, it can be divided into ordinary type and functional type. Among them, functional sanitary napkins mainly add specific ingredients to products or achieve specific effects, such as antibacterial and deodorizing products.

With the market segmentation and product differentiation of sanitary napkin products, the product classification is constantly changing. At present, there are also products such as maternity and infant dual-purpose towels, mini-towels, specialty or super-long towels on the market to meet the needs of different periods and different groups of people.

    General situation of industry

According to the statistical data of the Household Paper Committee of China Paper Association, there were 916 sanitary towel manufacturers registered at the end of 2012, mainly distributed in Fujian, Guangdong, Hebei, Shandong, Jiangsu, Zhejiang, Tianjin and other places.

In 2012, the total sales of the top 15 sanitary towel manufacturers in China accounted for about 86.2% of the total sales, and the industry concentration was greatly improved compared with the previous year. The main brands are Hushubao, Anerle, Sophie, kotex, Jiaoshuang, Leya, ABC, etc. The leading manufacturers are mainly concentrated in Shanghai, Guangdong, Fujian and other places.

With the development of science and technology and the application of new materials, there are more and more kinds and specifications of sanitary napkins and pads. At present, the market performance of sanitary towel industry in China mainly includes the following aspects:

The brands of multinational corporations dominate the high-end market. With its strong advertising strength and R&D advantages, multinational companies occupy most of the market share of high-end products. According to the data of the new generation market monitoring organization, the top three sanitary towel brands in 2012 were Hushubao, Sophie and Qidu Space, and the top three sanitary towel brands with the highest consumer loyalty were Hushubao, ABC and Sophie.

Market sales continued to grow. Since 1985, the sanitary napkin market has entered a mature stage after more than 20 years of development, and few powerful large enterprises have entered this field. The increase of market supply mainly depends on the expansion of large and medium-sized enterprises. Compared with the global average growth level (2% ~ 3%), China’s sanitary napkin market is a fast-growing market, on the one hand, because China’s market is constantly infiltrating into third-and fourth-tier cities and towns, on the other hand, because Shanghai, Beijing and other big cities have reached the level of moderately developed countries, women change sanitary napkins more frequently during their physiological period, and the per capita consumption of consumers has increased.

Products are constantly upgrading and innovating. Due to the improvement of consumption level and the demand of professional women, wing sanitary napkins have almost completely replaced straight sanitary napkins, and a small number of straight sanitary napkins are mainly sold to rural areas and underdeveloped areas in the west. At the same time, due to the increasingly high demand for product grades, the demand for high-quality high-end products and differentiated products is also increasing. Accordingly, in order to endow products with differentiated characteristics and added value, enterprises further subdivide products, and make innovations in emphasizing product comfort, paying equal attention to function and fashion, and packaging.

According to the statistical data of the Household Paper Committee of China Paper Association, there were 916 sanitary towel manufacturers registered at the end of 2012, mainly distributed in Fujian, Guangdong, Hebei, Shandong, Jiangsu, Zhejiang, Tianjin and other places.

In 2012, the total sales of the top 15 sanitary towel manufacturers in China accounted for about 86.2% of the total sales, and the industry concentration was greatly improved compared with the previous year. The main brands are Hushubao, Anerle, Sophie, kotex, Jiaoshuang, Leya, ABC, etc. The leading manufacturers are mainly concentrated in Shanghai, Guangdong, Fujian and other places.

With the development of science and technology and the application of new materials, there are more and more kinds and specifications of sanitary napkins and pads. At present, the market performance of sanitary towel industry in China mainly includes the following aspects:

The brands of multinational corporations dominate the high-end market. With its strong advertising strength and R&D advantages, multinational companies occupy most of the market share of high-end products. According to the data of the new generation market monitoring organization, the top three sanitary towel brands in 2012 were Hushubao, Sophie and Qidu Space, and the top three sanitary towel brands with the highest consumer loyalty were Hushubao, ABC and Sophie.

Market sales continued to grow. Since 1985, the sanitary napkin market has entered a mature stage after more than 20 years of development, and few powerful large enterprises have entered this field. The increase of market supply mainly depends on the expansion of large and medium-sized enterprises. Compared with the global average growth level (2% ~ 3%), China’s sanitary napkin market is a fast-growing market, on the one hand, because China’s market is constantly infiltrating into third-and fourth-tier cities and towns, on the other hand, because Shanghai, Beijing and other big cities have reached the level of moderately developed countries, women change sanitary napkins more frequently during their physiological period, and the per capita consumption of consumers has increased.

Products are constantly upgrading and innovating. Due to the improvement of consumption level and the demand of professional women, wing sanitary napkins have almost completely replaced straight sanitary napkins, and a small number of straight sanitary napkins are mainly sold to rural areas and underdeveloped areas in the west. At the same time, due to the increasingly high demand for product grades, the demand for high-quality high-end products and differentiated products is also increasing. Accordingly, in order to endow products with differentiated characteristics and added value, enterprises further subdivide products, and make innovations in emphasizing product comfort, paying equal attention to function and fashion, and packaging.

    Standard interpretation

Standard general situation

After continuous revision and improvement, the current product standard of sanitary napkins (including sanitary pads) in China implements GB/T8939-2008 "Sanitary napkins (including sanitary pads)", which has been adopted and implemented by most enterprises in the industry, playing an important role in improving product quality, standardizing industry development and protecting consumers’ rights and interests. The hygienic standard shall be GB15979-2002 Hygienic Standard for Disposable Sanitary Articles.

GB15979-2002 "Hygienic Standard for Disposable Hygienic Articles" is a compulsory national standard, which came into effect on September 1, 2002. This standard stipulates the sanitary standards for sanitary napkins (including sanitary pads) products and production environment, corresponding inspection methods, sanitary requirements for raw materials and products during production, disinfection, storage and transportation, and product identification requirements.

GB/T 8939-2008 "Sanitary napkins (including sanitary pads)" is a recommended national standard, which was implemented on September 1, 2008. The standard stipulates the requirements of performance, hygiene and raw materials, test methods, inspection rules and marks, packaging, transportation and storage.

    Key index analysis

1. Health indicators

Hygienic index is the most important and basic index of sanitary towel (including sanitary pad) products. Unqualified health indicators will do harm to the health of users. GB15979 -2002 "Hygienic Standard for Disposable Hygienic Articles" stipulates that the sanitary indicators of sanitary napkins (including sanitary pads) include the total number of bacterial colonies, the total number of fungal colonies, coliforms and pathogenic pyogenic bacteria (including Pseudomonas aeruginosa, Staphylococcus aureus and hemolytic streptococcus). See Table 1 below for specific requirements.

2. Technical indicators

Technical indicators relate to the performance of sanitary napkins (including sanitary pads), mainly including water absorption rate, infiltration amount, pH value and other items.

Water absorption rate refers to the absorption capacity of sanitary napkins (including sanitary pads) products. It mainly examines whether the absorption layer of sanitary napkins (including sanitary pads) can meet the needs of use. The higher the absorption rate, the greater the absorption capacity of the absorption layer. GB/T 8939-2008 "Sanitary napkins (including sanitary pads)" stipulates that the water absorption rate of sanitary napkins is ≥7.0 times, and that of sanitary pads is ≥2.0 times.

The improvement of water absorption rate mainly depends on adding polymer water absorption resin into the absorption layer, but excessive pursuit of high water absorption rate will increase production cost and may also cause waste of resources.

Infiltration this is an index to measure the penetration rate of test liquid to the surface of sanitary towel, and it is one of the important indexes of sanitary towel products. The large amount of penetration indicates that the sanitary towel product has fast penetration and good absorbability. GB/T 8939-2008 "Sanitary napkins (including sanitary pads)" stipulates that the penetration of sanitary napkins is ≥1.8g, and sanitary pads are not assessed.

PH This is an index to measure the irritation of sanitary towel (including sanitary pad) products to the skin. Human skin is weakly acidic (the pH value of healthy skin is 5.0 ~ 5.6), and the standard GB/T 8939-2008 Sanitary napkins (including sanitary pads) stipulates that the pH value of sanitary napkins and sanitary pad products should be 4.0 ~ 9.0.

    use

The sanitary requirements for reasonable purchase and proper storage of sanitary napkins are very strict, and the closer to the production date, the more guaranteed the quality. Don’t put the purchased sanitary napkins in the bathroom when they are stored, so as to avoid breeding mold and polluting sanitary napkins due to dark and humid environment.

People who should wash their hands before use have a lot of bacteria on their hands. When opening sanitary napkins, try not to touch the surface of sanitary napkins with your hands to avoid secondary pollution. It is best to wash your hands before use.

Combined use, timely replace the wing protection available during the day, and use the night type at night; Usually you can use the standard type; It can also be used in combination with ultra-thin or mini sanitary napkins or pads, which is safe and comfortable on the one hand and saves money on the other. In addition, because the blood is rich in nutrients, it is easy to become a "culture medium" for bacteria to breed, so when using sanitary napkins, you must be diligent in replacing them, and it is best not to use each sanitary napkin for more than 3 hours.

Main quality problems

Since 1992, the state has organized 15 national supervision and spot checks on the quality of sanitary napkins (including sanitary pads), among which sanitary napkins (including sanitary pads) were supervised and spot-checked for five consecutive years from 2008 to 2012. The main problems found in the spot checks are as follows:

    Hygienic indicators of individual products are unqualified.

The unqualified sanitary indicators of sanitary napkins (including sanitary pads) are mainly due to the total number of bacterial colonies and fungal colonies exceeding the standard, and no coliform bacteria and pathogenic pyogenic bacteria have been detected.

The main reason for the unqualified health indicators is that the health indicators of raw materials are not up to standard, and individual enterprises use low-priced raw materials or even inferior raw materials in order to reduce costs. GB15979 -2002 "Hygienic Standard for Disposable Sanitary Articles" clearly stipulates raw materials: it is forbidden to use discarded sanitary articles as raw materials or semi-finished products. In the supervision and spot check, it was found that the surface layer of individual sanitary towel products was dirty, and after the surface layer material was opened, its absorption layer was mixed with some debris, which was due to the use of waste sanitary products as raw materials, and the hygienic index of such products far exceeded the standard requirements. In addition, some enterprises do not have a sound health system, the production environment is messy and unclean, and the production process and packaging process are not isolated from the outside world, so that semi-finished products and finished products are polluted in the production process, which is also the reason for the unqualified product health indicators.

The infiltration of some sanitary towel products is unqualified.

The unqualified penetration of sanitary towel products shows that sanitary towel products have no good permeability, so the absorption layer can’t play its role, and the product itself loses its use value, and liquid leakage will occur during use.

The main reason for the unqualified penetration of sanitary towel products is the poor penetration ability of the surface coating materials of sanitary towel products. Most of these products are dry mesh products, and the raw materials used for the surface layer of dry mesh products are generally perforated films. In order to reduce costs, some production enterprises use low-priced or even inferior perforated films, which can not play a role in penetration at all.

The pH value of some sanitary pad products exceeds the standard.

PH value is an important performance index of sanitary napkins (including sanitary pads). Sanitary napkins (including sanitary pads) are in contact with human skin during use. If the pH value exceeds the standard range, too high or too low will irritate the skin and cause skin allergies and other symptoms.

Through supervision and spot check in recent years, it is found that the unqualified pH value is mainly sanitary pad products, and the unqualified reason is mainly due to the unqualified pH value of raw materials. There are many raw materials for producing sanitary pads, including non-woven fabrics, perforated films, absorbent paper, release paper, hot melt adhesive, etc. Any high or low pH value of raw materials will cause the pH value of sanitary pads to exceed the standard range.

    choose and buy

Complete product packaging marks The sanitary napkin packaging should have the following marks: product name, implementation standard number, trademark, enterprise name, address, contact information, variety specification, contained quantity, production date and shelf life or production batch number and limited use date, main production raw materials, etc. Sanitary napkins with complete labels should be selected, and products produced recently should be selected as far as possible.

Appearance distinguishes the advantages and disadvantages of sanitary napkins. The sealing of each outer package and independent small package should be smooth and free from air leakage. A good sanitary towel should have a clean surface, uniform thickness and intact sealing. In addition, from the hand feel, a good sanitary towel is made of fluff pulp with strong absorption and good bulkiness, so it is light and soft. If mixed with other pulp, leftovers, etc., sanitary napkins are heavy and hard.

We should pay attention to our own feelings. At present, there are many kinds of sanitary napkins, all of which have their own characteristics. Generally speaking, pure cotton sanitary napkins have fast absorption speed, good anti-infiltration performance of dry mesh, and appropriate medical sanitary napkins have health care functions. However, due to the different physical qualities of each person, the feelings of sanitary napkins will be different. For example, some people feel that the mesh surface is dry, some people feel that the mesh surface is uncomfortable to contact with the skin, and some people are allergic to medical sanitary napkins. Therefore, we should choose the kind that suits us best according to the actual feeling of our use.

Generally speaking, large sanitary towel enterprises have a good production environment, strict management and strict monitoring of physical properties and hygiene indicators, and many of them have passed the quality system certification. The safety of sanitary napkins selected by these enterprises can be relatively guaranteed.

Be careful of sanitary napkins made of foreign garbage. According to relevant reports, with the expansion of domestic sanitary napkin market, some small enterprises import waste scraps from foreign manufacturers to produce sanitary napkins with fluff pulp from diapers, diapers and sanitary napkins, and put them on the market, so it is difficult to guarantee the hygiene index. The sales price of this so-called "sanitary towel" is 50% lower than that of regular manufacturers. Consumers must keep their eyes open, avoid being greedy for cheap, try to buy brand products with good reputation in big shopping malls and supermarkets, and don’t buy them at random in roadside shops. Consumer Guide, July 2014

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Or silver standard design Wuling Hongguang MINIEV new model spy photos.

  [car home domestic spy photos] car home obtained a set of spy photos of the new model of Wuling (|) with silver label from netizens. According to the information of the Ministry of Industry and Information Technology, the new model may be the previously declared GB(Gameboy) model.



Home of the car

Home of the car

More exciting videos are all on the car home video platform.

  In terms of appearance, the new car adopts the shape of the old model, and the headlights with rounded corners on both sides look exquisite. According to the information of the Ministry of Industry and Information Technology, the length, width and height of the new car are 2997/1493/1604mm and the wheelbase is 2010mm respectively. In terms of rims, the new car will be equipped with 12-inch rims.

Home of the car

"Ministry of Industry and Information Technology Declaration Map"

  The tail of the new car is expected to continue the design of the current model, but according to the declaration information of the Ministry of Industry and Information Technology and the camouflage of spy photos, the interior of the taillights should be upgraded, and the layout of X should be adopted to make the new car look younger and more fashionable.

  In terms of power, the new car will be equipped with Ferrous lithium phosphate power battery. The rated voltage of the power battery system is 116V, the rated capacity of the power battery system is 230Ah, and the peak power of the driving motor is 30kW. We will continue to pay attention to more news about the new car. (Text/car home Xing Yueyang)

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New lectra 08 EM-P car purchase manual!

Have you found that the frequency of the recent listing of Link is very high and intensive? Following the release of a lot of product information from the first pure electric car, the 2025 Lexus 08 EM-P was officially launched on August 8, which not only added 245 long-life Pro version to the model version, but also ushered in the synchronous launch of OTA 1.6.0, adding 10+ functions and 80+ experience optimization. The increase will not increase the price, but how to choose the new six models this time? If you haven’t made up your mind, please read on!

As an annual redesigned model, the 2025 LECK 08 EM-P has not changed much in appearance compared with the old model. Between different versions, the main differences are pure electric endurance, driving form (two-wheel drive or four-wheel drive), intelligent configuration and so on.

WeChat screenshot _20240814142603

Let’s talk about pure electric endurance. The top 220 four-wheel drive performance version adopts a plug-in hybrid system consisting of a 1.5T engine and dual motors, with a comprehensive power of 436kW, a system peak torque of 905nm, and an acceleration of 4.6s at 0-100km/h. With a capacity of 39.6kW, the CLTC has a pure electric endurance of 245km, a comprehensive endurance of 1,400km and a fuel consumption of 5.5l/100. Other versions, such as the 120-long-life Plus version and the 120-long-life Pro version, are configured with the front single motor, 280 kW, respectively matching the ternary lithium/21.2 kWh, and the pure battery life of CLTC is 120 km.

WeChat screenshot _20240814142531

In addition, the 2025 LECK 08 EM-P also added the color scheme of "Dawn Blue" and upgraded the intelligent configuration, such as adding the functions of "sentry mode", water inlet monitoring, NFC key of mobile phone and so on. However, the top version will have four driving mode selection systems, one more off-road driving option, and other versions will be enough for daily use. Moreover, the 245 long battery life Halo and the 220 four-wheel drive performance Halo can be equipped with automatic parking, automatic lane change assistance, automatic driving assistance and other systems.

In addition to the entry-level version, the interior seat materials are all wrapped in leather. The whole system comes standard with electric adjustment of the main and auxiliary drivers, and the front seat is heated as standard. In addition to the entry-level version, other models also come standard with front seat ventilation and massage. The second row of some models also provides seat heating/ventilation/massage functions.

On the whole, on the basis of maintaining the consistency of the overall design language, each version of the 2025 Lectra 08 EM-P meets the needs of different users through different configurations and performance. Every consumer can buy a car according to his own needs, and it is recommended to go to a physical store for a test drive, so that he can better understand the model and better buy his favorite car ~

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Load-bearing test of Zhangjiajie glass bridge: strong man slams 11 kg hammer (Figure)

Zhangjiajie glass bridge will welcome guests to undergo on-site "physical examination"

  China News Service, Zhangjiajie, June 25 (Reporter Deng Xia) Holding a hammer, he slammed into the "scarred" glass bridge deck, and the slag splashed everywhere, and the third layer of glass cracked after 154 hammers. Under the glass bridge deck is the 300-meter-deep Grand Canyon. Looking down, you can’t help but feel dizzy.

  The heavy hammer that Chen Zhidong personally operated had an amazing effect, which made the onlookers around him scream and retreat.

  "No problem, people can still pass." The person in charge of Zhangjiajie Grand Canyon Scenic Area in Hunan Province is full of confidence in the endurance of his own glass bridge.

  Located in Lishuya and Wuwangpo of Zhangjiajie Grand Canyon Scenic Area, this glass bridge is 430 meters long and 6 meters wide. The bridge deck is paved with 99 pieces of tempered glass laminated by three layers, with a thickness of only 0.6 meters, creating a number of "the best in the world" such as the world’s longest, the world’s highest and the world’s first large-scale bridge with glass as the main load-bearing structure.

  On the 25th, 30 beautiful women and strong men were invited to Zhangjiajie Grand Canyon Scenic Area. They took turns to pound the same bridge deck glass with a hammer weighing 5.5 kilograms, and let a car weighing two tons pass on the broken glass bridge deck.

  The scenic spot hopes to alleviate people’s doubts about the safety of glass bridges through this most intuitive test method.

  The reporter saw at the scene that after the first hammer went down, there was a crack in the first layer of bridge deck glass; After a dozen hammers, the cracks spread around like cobwebs. After fifty hammers, the car carrying ten beautiful women passed safely through the "scarred" bridge deck glass, and at this time the glass only cracked the first layer.

  After a hundred hammers, ten carefully selected muscular men went into battle, only to see that they swung the hammer and slammed it hard at the glass. The first layer of glass was completely broken, and a lot of glass slag could be dug out with a little effort, and the second layer of glass also cracked quickly under heavy blows. As Chen Zhidong’s last hammer fell, the third layer of glass was also "scrapped".

  "After the third layer of glass cracks, you don’t have to panic, just evacuate quickly and orderly." Chen Zhidong explained that each bridge deck glass consists of three layers of tempered glass, and the middle is bonded with special glue. Even if it cracks, it will not break into holes like ordinary glass, and pedestrians can still pass.

  It is understood that the Zhangjiajie Grand Canyon Glass Bridge took nine years from project establishment to conceptual design, and then to the completion of construction, during which it passed nearly 100 safety tests such as anti-freezing, explosion-proof and earthquake-proof. Each deck glass can bear at least 60 tons of pressure, while the maximum tourist capacity of the glass bridge is only 800, and the pedestrian load can be ignored.

  HaimDotan, the designer of the glass bridge, is an Israeli who designed the Israel Pavilion of the 2010 Shanghai World Expo. This time, he designed the suspension bridge, which is usually parallel, to extend to the sky, so that people on the bridge feel like they are above the sky; Handrails are also designed to be wavy, so that tourists can constantly change their directions when walking, effectively offsetting the resonance phenomenon caused by tourists walking at the same speed on the bridge.

  In order to maintain the stability of the bridge, 70 glass balls were placed on the glass bridge, which objectively disrupted the pace of pedestrians and had the effect of restraining vibration. There are also four water tanks under the bridge, and the frequency of wave vibration generated by them is also different from that of the bridge body. When the bridge body resonates, it can offset the shaking of the bridge body.

  The scenic spot said that the glass bridge is about to open to the outside world. In order to attract tourists, there will be the world’s highest bungee jumping and the world’s steepest zip line on the glass bridge. (End)

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Li Kaifu: Internet can reduce the negative impact of the financial crisis.

Topic: Boao Forum for Asia Annual Conference 2009

  Xinhuanet Boao (Hainan) April 17th The annual meeting of Boao Forum for Asia 2009 was held from April 17th to 19th, 2009. More than 1,600 senior representatives from all over the world gathered in Hainan. It will discuss hot topics such as the evolution of the current financial crisis, whether the Asian economy can take the lead in getting out of the haze, enterprise innovation and capital market. "Xinhuanet enters Boao" will conduct a series of interviews and invite guests to communicate with netizens on related issues. The guest who walked into the interview room in front of Xinhuanet today is Li Kaifu, vice president of Google and president of Greater China.



  On the 17th, Kai-Fu Lee, President of Google Greater China, visited the high-end interview of Xinhua News Agency and the live broadcast room in front of the Boao Forum of Xinhuanet. The picture shows Kai-Fu Lee’s rich expression in the interview. Xinhuanet Li Chun/photo



  On the 17th, Kai-Fu Lee, President of Google Greater China, visited Xinhua News Agency for a high-end interview and the live broadcast room in front of the Boao Forum of Xinhuanet. The picture shows Kai-Fu Lee answering questions. Xinhuanet Li Chun/photo


  Moderator: Welcome Mr. Li to visit Xinhuanet. The first thing I want to ask is how many times have you participated in Boao Forum for Asia? How do you feel about this annual meeting?


  Li Kaifu: It should be the fourth time. Every time Boao Forum is very successful, there is a very clear theme. This theme certainly revolves around the global financial crisis and what role we play in Asia and China. This is a good question, and it is very appropriate now. We saw that the distinguished guests were still very enthusiastic and were not affected by the financial crisis at all, indicating that this forum has indeed played a world brand.


  Internet can help reduce the negative impact of the financial crisis.


  Moderator: As the moderator of the Internet branch of this forum, from what angle do you want to discuss the theme of Internet innovation and change at tomorrow’s branch? What kind of views and opinions do you personally want to express most?


  Kai-fu Lee: I think we may discuss several issues. First, what impact the financial crisis has had on the Internet industry, especially the Internet in China, what impact it has had in the past, and how much impact it will have in the future, are more concerned.


  Second, how can the Internet help China or help the world solve or alleviate the financial crisis and the problems it brings?


  In addition, because the participants are experts in the Internet industry, they may discuss what we can see and learn from the so-called Internet bubble that happened about 9 years ago, and what may happen again this time.


  Personally, I think the Internet can help reduce the negative impact of the financial crisis in many ways. For example, as a company, Google’s share with small websites has reached $5 billion in the world, which means that this $5 billion can help many small enterprises or entrepreneurial enterprises tide over the difficulties.


  In addition, we can see that many other companies, such as Ding Lei of Netease, may talk about how the Internet can help solve some problems in rural areas. Therefore, I think every company may have different views. What everyone really recognizes is that the Internet is definitely a good channel. Whether it is through its advertising, influence and combination with traditional enterprises, or the business opportunities it creates, it can help alleviate the financial crisis. But I don’t think it can solve the financial crisis by itself. It is just a way, like the media and television.


  Moderator: Just now, you mentioned that you would discuss how much the Internet industry will be affected by the financial crisis, so please talk about it in detail. What kind of influence has the Internet industry been affected? Is there any good way to deal with it?


  Li Kaifu: From the short-term profit, almost every Internet company has been affected after the financial crisis. However, we can also see that most Internet companies are relatively less affected. For example, Google announced its financial report for the first quarter of 2009 yesterday, and we still have a good profit, but it may not rise as fast as before, but the growth rate is slowing down, not being seriously hurt.


  On the whole, I am personally optimistic. Why is the Internet industry still optimistic? Because the internet is a very good sales channel, when people are short of money, they want to do the same thing with less money. Reducing costs is one way, and eliminating channels is another. If you have less money, you may want to sell directly, and the internet can just facilitate such a thing.


  Moderator: Google’s profit in the first quarter financial report is still considerable, but you also mentioned that the growth rate has slowed down. What are your expectations for the operation of Google in 2009?


  Li Kaifu: Eric Schmidt, our CEO, said at the press conference yesterday that we are experiencing a special financial crisis that we have never seen before, and we have never encountered such a situation, so there is no way to predict what will happen. But he also said with great confidence that the financial crisis will pass one day. As a company, how can we get ready? When the financial crisis passes, when the economy begins to recover, and when the growth begins to accelerate, how can we grow rapidly? I still think that search advertising is still a very good business model, and it is a low-cost business model during the economic crisis, which may help you grow dramatically after the economic crisis.


  Moderator: The theme of the Internet Branch tomorrow is "Internet innovation will drive economic change every winter after ten years". What do you think of the Internet’s promotion of economic development through technological innovation?


  Kai-fu Lee: On the one hand, this is very suitable. On the other hand, it’s a little hard to meet. Coincidentally, Google was born in the financial crisis, almost in 2000 and 2001, when all the ".COM" bubbles caused their demise. At this time, Google was just a period of growth. At that time, it was also very clever. On the one hand, two young people thought of a new business model in Stanford, and this business model can make good technology very quickly and very well. Internet technology is to make very good technology very quickly. Once it was made, although everyone lost a lot of money, they couldn’t help but invest when they saw such a good technology. After Google became the richest company, the elites from those closed companies invested in Google one by one, so I personally think that Google was lucky to appear in this period, attracting excellent talents and making technology quickly. In this financial crisis, the Internet can also innovate. When it is not financing today, it can get the best people when it is hard to find a job, and then it will become the next miracle of the Internet. But I can’t predict what this company is, when it will happen and what state it is now.


  Mobile, intelligent and personalized search engine is the future development trend.


  Moderator: You mentioned that search engine is a very good model, so what do you think of the future development trend of search engine technology?


  Li Kaifu: In fact, the development of search engines has just begun. Today’s search engines can be said to have taken several steps: the first generation of search engines is a text search engine; The second generation of search engines are different search engines, such as searching for pictures and books; The third generation search engine is integrated search, which integrates all kinds of different information, and searches for different contents, including words, pictures, videos and so on, by typing a search word.


  There are several important trends further down: First, mobile search. Because there are more mobile phones than PCs, and mobile phones spend more time around than PCs, this is an important way. But not only mobile phones, televisions and cars in the future, all those who can access the Internet need to search, because the information is too big and too rich, so you must search to get a few information you really need; Second, an intelligent and personalized search engine. That is, the search engine can make individuals adjust the search results, that is, I don’t like a search result when I see it. I hope you can sort it in a different way or only give me information in a certain country, or even let me sort it in time, or sort it in importance, region and so on. Another kind of personalized understanding is that it can get the content I need for everyone’s needs. For example, if I search for "apple", I may search for Apple computer, and you may search for the fruit apple.


  Moderator: In short, as long as people can find what they want more conveniently and quickly, it is the development goal that search engines should achieve.


  Kai-fu Lee: We think that the ultimate task of a search engine is to lay down a question and get an answer, instead of typing a string of search words and seeing a million results. For example, one day I said "send my mother a bunch of flowers" to the search engine, and he could buy flowers and send them very kindly. I think this day will come in stages. For example, Google’s life search has reached a part of this function, and I believe it will get better and better. I believe that similar searches will be seen within three to five years. If every search word gives you a perfect answer, I think I may not see it all my life.


  It is suggested that the Internet industry in China can better integrate with the world.


  Moderator: What do you think is the biggest difficulty that the Internet industry in China is currently facing or what needs to be improved?


  Kai-Fu Lee: I think the Internet in China has actually developed very well as a whole, and the increase rate of netizens is the highest in the world. The innovation of Internet companies in China is also improving. At first, they may have introduced many ideas from abroad, but they are gradually optimizing and putting forward new ideas. These aspects have made good progress.


  If I put forward an idea and suggestion, I would hope that the Internet industry in China can better connect with the world. I found that netizens in China almost only read Chinese content, not foreign content. In fact, foreign countries still have a lot, very good and very rich content. Therefore, I think the integration in this respect may be insufficient. On the one hand, with so many netizens and such a large domestic demand market growing in China, I feel that I am on my own. In some small countries or backward countries, because they have no content of their own, netizens are forced to learn English and find translation tools. On the one hand, it is very hard, but on the other hand, they have learned the content of the language. I hope that when you search, users in China may see some results in Chinese, and some results in English. However, if you translate your search words into English, the results in English will be translated into Chinese for you to see. This day will be seamless, and users will be able to see things all over the world without leaving home.


  Moderator: Thank you very much for accepting the interview with Xinhuanet. Finally, I want to ask Mr. Li a question. What kind of suggestions do you have for the development of Xinhuanet?


  Kai-fu Lee: I think the content of Xinhuanet is still very rich. The innovation of the Internet is often not only about what you can do in the past, but also the direction of future development. For example, how to better integrate with the whole world may be a feature of Xinhua. Many other companies do not have this resource and may not have the ability to do it. My only hope is to wish Xinhuanet can really help the Internet in China and the Internet in other countries in the world, and can do a convergence work so that the whole world can enjoy the information generated by different countries.


  Moderator: Thank you.

Editor: Gao Song

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Kaiyi Xuanjie Pro officially goes offline and will be listed in the second quarter.

   On March 3, Aika Automobile was informed that the Kaiyi Xuanjie Pro model will be officially launched on March 3. As a modified model of the current dazzling world, the new car has adjusted many details of its appearance, making it more exquisite and dynamic. In terms of power, in addition to the current 1.5L engine, the new car has added 1.5T power to choose from.

Kaiyi Xuanjie Pro officially went offline.

   In terms of appearance, the front face of Xuanjie Pro is exquisite and dynamic, and the combination of Long Lin-shaped dot-matrix mesh and split headlights extends the visual effect of the front face. The design of rhombic grille is inspired by the "wing angle" of ancient buildings in China. The large-scale grille spreads like a wing to outline the national wind symbol. Xuanjie Pro adopts the color-jumping design, and the embellishment of fruit green decorative strips makes the body trendy, which is in line with the pursuit of fashion aesthetics by young people nowadays.

Kaiyi Xuanjie Pro officially went offline.

Kai yi Xuan Jie

   The side lines of the car body are smooth, outlined in a posture of rising at a low angle, creating an eager sense of dive and revealing the artistic sense of light and shadow aesthetics. With the popular suspended roof, the overall style is strong and atmospheric, with great visual impact. In terms of tail, the tail shape of Xuanjie Pro also comes from the aesthetics of national style, and the color-jumping design is relaxed. Nowadays, the popular penetrating taillights are matched with the exhaust layout on both sides, forming a visually symmetrical shape beauty. The regular and orderly layout makes the tail shape rich and the overall look more trendy and three-dimensional.

Kai yi Xuan Jie Pro edition

Kai yi Xuan Jie Pro edition

   In terms of interior design, judging from the previous design drawings, Xuanjie Pro adopts the "wingspan" interior design language, and the national style design elements run through it, creating an overall design sense of integration of inside and outside. In addition, the center console and the armrest box are designed in a plane-connected way, and equipped with a floating LCD central control large screen. In the power system, in addition to retaining 1.5L power, the new car has added 1.5T power, with a maximum power of 115kW(156 HP).

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Jietu Liu Yong: Jietu strives to build more outstanding products.

  At the 2023 Chengdu Auto Show, Liu Yong, deputy general manager of Jietu Automobile Marketing Company, talked with Aika Automobile. Liu Yong said that although the market is rolling, it has overcome difficulties and is committed to creating more outstanding products. At the same time, the emergence of Jietu travelers will also bring a lot of impact to the market, giving consumers better choices. The following is a record of the dialogue.

one

  Aika Automobile: First of all, Mr. Liu is very welcome to the interview room of Aika. Please tell us about the highlights of this booth of Jetway.

  Liu Yong:Let me briefly introduce that the highlights of this booth are mainly reflected in three aspects: the first one is based on the most distinctive scene display of Jietu. All along, every auto show has been launched as an inherent characteristic label of Jietu travelers, and the whole booth style is also based on travel.+First of all, around the experience area of food and cross-country, some camping scenes, including the panda element unique to Chengdu, were built.

  The second is in terms of exhibits. The whole booth is surrounded by a car, namely Jetway Traveler. At the same time, we display fuel and hybrid C-DM simultaneously. After nearly two years of polishing, Jietu travelers undertake Jietu travel.An important product of the strategy. It is not only very tough in appearance, but also equipped with the latest sixth-generation four-wheel drive technology of the world’s first Borgwarner — — XWD automatic intelligent four-wheel drive system. In terms of intelligence, it is equipped with 8155 chip of Qualcomm Snapdragon, and in terms of assisted driving, it is equipped with L 2.5 intelligent driving assistance system. In our own language, this is a beautiful, pleasant, urban and wild model, and its overall performance is still very good.

  The third highlight is that we invited the famous singer Sitar tan today, and I guess the whole venue knows about it. In addition, there is also a "motorcycle goddess" as a special guest of Jietu travelers to help out.

  The highlights of this auto show are mainly the above three aspects.

   Aika Automobile: At present, the industry as a whole is becoming more and more involved. How can Jetway maintain an upward development trend in the fierce competition?

  Liu Yong:We have been insisting on traveling since we founded the brand.Strategy, from two major aspects: we have achieved "three major persistence" and "three major development".

  The first insistence is to insist on traveling.The strategy is unwavering. We are always based on travel.Strategy, in terms of products, includes cross-country, intelligence and health, including the whole ecology, through which to build travel.Products. At the same time, around the user experience, we build a traveler ecology, including alliances, products and platforms, and strive to bring users a different experience.

  The second insistence is to persist in taking users as the center. Jietu always puts the user’s experience first, so every time we gain insight into the market, we will deeply analyze the real needs of users. Including when building this car, we experienced about more than 30 collisions with users back and forth, and finally provided them with products and services that exceeded expectations.

  The third insistence is to adhere to the domestic and international two-line drive. In the future, the domestic and international sales patterns will account for half, and now we are exploring new international markets, including the European Union market, etc., and we are still making the layout in this regard.

  The "three major developments" are mainly to develop new categories, new energy markets and new marketing models.

  Travel nowThe market is a new category. Based on this, we will continue to introduce new products in the future. For example, we will continue to launch new sub-categories of products such as T-2, T-3 and pickup trucks. At the same time, under the blessing of intelligence and mixing, we will continue to create product matrices.

  In terms of new energy, in the second half of October or so, Jietu will release a new energy product sequence to create two major sequences of a brand. Probably in 2024, it will be fully mixed. At that time, the sales pattern will be 50% fuel and 50% hybrid. The current plan is that there will be about 6-7 hybrid products next year, all of which are a series of products under the platform technology of a new generation of hybrid special engines and hybrid special gearboxes. In the future, there will be at least 8 models of our hybrid series products, and at least 8 models under the traditional fuel vehicle products. The reason why there are so many layouts is to support the strategic goal of one million in 2026.

  The last one is new marketing, and we always adhere to the core path of new media marketing. When it comes to new media, it is estimated that the whole industry is relatively recognized by Jetway, and our new media contributes more than 1/3 to sales. We have many innovations, such as the industry’s first "white plus black" live broadcast mode. We have set up our own live broadcast team and online celebrity team to build a matrix of more than 6,000 accounts. At the same time, the support for competitiveness is inseparable from channels. At present, the development of Jietu terminal channel is very healthy, and now most dealers can be profitable. At the same time, the dealers are very satisfied, so the whole channel network is healthy. What does this promote? On the one hand, it urges dealers to provide good services to customers. The reason why we can achieve this is that we are strict in the management of the whole market discipline and price system; In addition, the support for dealers, whether it is new media or innovative marketing services like door-to-door test drive, also brings a lot of support to dealers.

  In a word, it should be based on travel.Strategy, while focusing on internationalization, mixing and new energy strategy, deepen marketing innovation and new media construction, and use these plans to support the overall competitiveness of Jietu Automobile to continue to rise to cope with the current situation of market involution.

one

  Aika Auto: It is still the goal of brand upgrading. You just mentioned Jetway Traveler, and we also saw hot search and hot list online. What role does Jetway Traveler play in the process of brand promotion you just mentioned?

  Liu Yong:This is my understanding of Jetway Traveler. Both inside Chery Group and inside and outside the whole industry, including end users, are very concerned about this car, and we also have high hopes for it. Jietu travelers themselves undertake the whole trip.A very important product of strategy, I understand that it probably shoulders three major responsibilities:

  The first is brand advancement. The arrival of travelers is to inject new vitality into the whole Jetway brand, and it is also our travel based on this brand.Strategy, an attempt at a new market for cross-country travel, hopes that this product can drive the whole brand upward. At that time, we defined category as the first duty. What is the second responsibility? Chain extension of products. At present, X70 series and X90 series, for example, represent family travel series, Dasheng represents cool travel series, and the arrival of Jietu travelers is to start light cross-country outdoor travel. The reason why we start these three types of travel series is purely to meet the needs of users for diversified travel, so we also put forward high requirements for travelers. For the expansion of our entire product sequence, its third responsibility is to expand the circle of people. The arrival of travelers has helped Jietu to re-arrange the coverage of users, covering many people with different industry backgrounds, different life backgrounds and different age levels, especially those who have high and strong aspirations for travel. This is also the third responsibility given to it.

  Aika Auto: Actually, it’s quite a long time for travelers to start pre-sale from the beginning to today. There may be voices on the Internet calling travelers "inkers". Why is the marketing pace so slow? Just now you mentioned that after dozens of user co-creations, are we constantly improving in order to tap the needs of many users?

  Liu Yong: The word "inkblot" is very popular on the internet now, and it can basically become synonymous with travelers. I think so. "Ink Maker" may be our iron powder and a manifestation of paying attention to users’ voice to travelers.

  I don’t think we can say ink. Why do you say that? From two aspects, on the one hand, a product needs to go through many steps from design to research and development. In the whole process, we must ensure that there is no mistake in every link, otherwise there is no way to ensure that the products delivered to each customer are qualified, meet the expectations of users and meet their needs.

  The concept car of this product was released in early January, and it has lasted about 20 months up to now. The longer a car is polished and the longer it takes for quality control, the more secure it is for customers, which is a good thing. Secondly, as many users know, as well as you, the teacher, Jetway’s promise to users is the lifetime warranty of the whole vehicle. In order to fulfill this promise, we test the whole product harshly.

  We hope to provide a product that can reassure users and satisfy the market, so it is a little late.

  Aika Auto: With careful polishing, our travelers are positioned as off-road SUVs. What are its core highlights and characteristics?

  Liu Yong:In fact, we have a lot of highlights. I think this car has a good balance of product strength from the tough appearance to the light off-road ability, comfort and intelligence. In our own words, it can be summed up in four aspects: beauty, pleasure, city and wildness.

  Keyan adopts the aesthetic design of "vertical and horizontal way" in modeling, and the whole body looks tough and gives people a sense of strength. At the same time, the length, width and height of the car body are 4785/2006/1880mm and the wheelbase is 2800mm respectively. The whole car body is very harmonious, and it can also bring some outstanding space experiences to users.

  Keyue mainly refers to quality and quality. As I said just now, we promise the users a lifetime warranty for this car. In terms of safety, this car adopts a steel cage body structure, and the high-strength steel of the whole car accounts for 80%. On the other hand, the torsional stiffness of our car body has reached 31000N·m, which is also very high.

  In terms of intelligence, we have an intelligent cockpit and assisted driving. We use Qualcomm Snapdragon’s 8155 chip, including the entire UI and UE interface, and the operation level is silky. Intelligent language control of the whole scene, millisecond response, very fast speed, intelligent assisted driving can reach L2.5 level.

  The biggest feature is light off-road ability. Travelers are equipped with the latest sixth-generation technology provided by the world’s first Borg Warner — — XWD automatic intelligent four-wheel drive system. It contains an intelligent torque manager and an intelligent limited slip differential lock, which can distribute the power torque well. This system is very intelligent and easy to operate for off-road white. For example, the conventional four-wheel drive system needs to stop the padlock behind the car, and it can operate automatically. X mode can automatically identify road conditions and automatically switch modes. The second biggest feature is that with the guarantee of four-wheel drive system, it is smoother in the process of driving in corners and faster and more stable on wet roads. I think it is quite competitive in the market.

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  Aika Auto: You just highlighted the four-wheel drive system. Please tell us about the sixth-generation four-wheel drive system provided by Borgwarner.

  Liu Yong:This four-wheel drive system is the sixth-generation four-wheel drive technology of Borg Warner — — XWD automatic intelligent four-wheel drive. This is the first cooperation between Borgwarner and Jetway, and it is also the first time for travelers to carry it. The core of this is two parts. The first part is the intelligent torque manager I just talked about, which can realize the automatic distribution of torque and transmit the torque of the front axle to the rear axle in real time. The second part is the intelligent limited slip differential lock, which can realize the super four-wheel drive function by intelligently and automatically distributing the torque on the wheels on both sides of the rear axle. The third is Borg Warner, which is the largest supplier of auto parts in the world, so it is trustworthy in terms of technology, function, quality and stability in four-wheel drive. This is the performance of XWD automatic intelligent four-wheel drive, and it is it that gives travelers excellent off-road ability.

  Aika Auto: You just mentioned the excellent off-road characteristics, but travelers use a load-bearing body, which may be different from the well-known non-load-bearing off-road models. What do you think?

  Liu Yong:I think the positioning is different. Through a lot of market research and analysis, we found that users need a car with off-road capability, but at the same time it can’t lose comfort and fuel economy. Although everyone belongs to the off-road direction, the models with girders generally pursue the ultimate off-road and take the ultimate route. The traveler’s positioning is a travel off-road SUV, which belongs to a light off-road vehicle, taking into account off-road, comfort and fuel economy. It is a car designed around the scenes of users during travel. Travelers can not only provide users with good off-road functions, but also XWD fully automatic intelligent four-wheel drive and 2.0T Kunpeng Power can provide high power output, comfort and excellent fuel economy. Generally, the fuel consumption of vehicles with girders is very high. Under the same level of 100 kilometers, the fuel consumption difference between vehicles with girders and vehicles without girders is about 2L oil.

  Aika Auto: Which cars are our travelers currently competing in the market? What’s the difference?

  Liu Yong:I understand it this way. We position it as a travel off-road SUV, which has a unique market segment. If you want to say absolute competing products, I think big dogs and tank 300 should all belong to this circle. They are all excellent models on the market, and we have a lot to learn from them. From the vehicle itself, it is possible that the traveler is closer to the tank 300. However, the tank 300 is equipped with a girder, which is extremely cross-country and modified. The cross-country ability of travelers is about 70% of it. Through this Chengdu Auto Show, we can see that there will be more and more products in this direction in the future, including the new BJ40 and the Haval Raptors. There will be more and more competing products in this direction. My understanding is that we will make the market bigger and the cake bigger together.

  Aika Automobile: Recent Exploration06The listing is quite hot, our travelers and exploration06What are the positioning differences, and will there be a competitive relationship?

  Liu Yong:I don’t think there will be competition. Why do you say that? Exploration 06 is actually owned by our own group. Its positioning is a national four-wheel drive exquisite Yueye SUV, and its main audience is more urban, especially in terms of price, which can bring many surprises to everyone and provide users with a more choice to buy four-wheel drive. Jietu’s positioning is different. Travelers are medium-sized SUVs. In addition, Jietu travelers are equipped with XWD fully automatic intelligent four-wheel drive system, which matches the power of 2.0T Kunpeng, which is quite different from Exploration 06 in terms of vehicle positioning and power matching. In addition, the traveler’s positioning is to travel off-road SUV, and the whole positioning is still different.    

  Aika Auto: Yes, thank you for sharing! Time relationship: Today’s interview ends here.

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Jason Wu won! Wolf Warriors 2 Heat Company compensates Jason Wu for economic losses.

1905 movie network news A few days ago, two companies that compiled marketing articles and used photos of Jason Wu for background were punished by law after being sued by Jason Wu. Beijing Xicheng Court ruled that the two companies apologized to Jason Wu and compensated Jason Wu for 51,000 yuan and 20,000 yuan respectively.


Wolf Warriors 2, a military action film directed by Jason Wu, was a great success after it was released on July 27th, 2017. Some companies also began to use their brains to promote their own content by taking advantage of the popularity of Wolf Warriors 2.


A talent recruitment service company published an article on its own WeChat WeChat official account entitled "<战狼3>The script was leaked and the interview dialogue was exposed! "article, the article has a screenshot of WeChat chat, the chat content is an interview with Wolf Warriors 2 director Jason Wu, and Jason Wu’s head is his stills. In fact, this interview is a hot spot compiled by Xiaobian, and the purpose is to advertise his own company.


Another company is doing peer-to-peer lending services, and its WeChat account published an article "If Jason Wu doesn’t have a loan of 80 million yuan,<战狼2>Can it still succeed? "article, and distributed the photos of Jason Wu. Although it is only an overview of Jason Wu’s efforts in filming Wolf Warriors 2, the risks of mortgaging the real estate and the returns after the success of the film, the ultimate goal is to promote the company.


Jason Wu believes that "the two companies used his portrait for advertising without authorization, and the talent recruitment service company also used his name without authorization, which is an infringement. Moreover, it is easy for the browser to think that there is some kind of cooperative relationship between the two sides, which has a certain adverse effect on him. " Jason Wu sued the two companies respectively, demanding that they apologize in the newspaper, and claimed 250,000 yuan and rights protection fees from the two companies.


After hearing the case, Beijing Xicheng Court held that citizens have the right to portrait and name, and they are not allowed to use their portraits, steal or use other people’s names without their consent. Without Jason Wu’s consent, the recruitment service company used Jason Wu stills and falsely used Jason Wu’s name in its articles published on WeChat WeChat official account, and the advertising intention was obvious, which could be considered as an infringement on Jason Wu’s right to portrait and name. The court ruled that the company apologized to Jason Wu in its WeChat WeChat official account and newspapers published nationwide, and compensated Jason Wu for its economic losses and rights protection costs totaling 51,000 yuan. In addition, the lending company was also found by the court to use Jason Wu’s photos without authorization and publicize its business by describing Jason Wu’s successful experience in filming, which was profitable and infringed on Jason Wu’s portrait right. The court ruled that the company made an apology to Jason Wu and compensated Jason Wu for economic losses and rights protection expenses of more than 20,000 yuan.


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Is it easy for No.9 Company and Roborock to "de-millet"?

Product | company research room

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Recently, the performance of Xiaomi eco-chain enterprises in the capital market is very eye-catching.

Roborock, which was listed in science and technology innovation board in February, has become the second highest-priced A-share stock, with a closing price of 867.05 yuan on November 4th, second only to Kweichow Moutai. On October 29th, the second Xiaomi eco-chain enterprise No.9 was listed in science and technology innovation board, with an increase of 103.27% on the first day. As of November 4th, the market value of No.9 was 38.3 billion.

These two companies have achieved rapid development in just five years after joining the Xiaomi ecological chain, and now they have become companies with annual income exceeding 4 billion. However, after listing, it is not a long-term solution to develop into a larger enterprise by relying solely on Xiaomi. They all have a long way to go to "millet".

Why do Roborock and No.9 Company belong to Xiaomi Ecological Chain?

As a well-known angel investor, Lei Jun, the boss of Xiaomi Group, can be regarded as the invisible promoter of science and technology innovation board Company. In April 2019, when science and technology innovation board began to accept the application materials, at least five companies directly or indirectly invested by Lei Jun launched an attack on science and technology innovation board, including Roborock, No.9 Company, Juchen Company, Fangbang Company and Chuangxin Laser.

Of these five companies, four except Chuangxin Laser have successfully listed in science and technology innovation board. At the end of October, Chuangxin Laser officially decided to withdraw the relevant application materials of science and technology innovation board IPO to terminate its listing, which was the first time that Lei Jun failed in science and technology innovation board.

Although they are all invested by Lei Jun, Roborock and No.9 Company are slightly different from the other three companies. First of all, Lei Jun, the capital of these two companies, intervened earlier and held more shares. Secondly, it has a close relationship with Xiaomi. In the words of Lei Jun, it is "one of the earliest members of the Xiaomi ecological chain family."

Roborock was founded in 2014, and started out as an OEM Xiaomi sweeping robot. In 2015, it obtained Shunwei Capital and Tianjin Jinmi Investment from Lei Jun Department. After the company went public, Shunwei Capital held 9.64%, Tianjin Jinmi held 8.89%, and Lei Jun Department held 18.53% of the total shares.

Company No.9 was established in 2012, and its products include intelligent electric balance car and intelligent electric scooter. In the A round of financing in 2015, Shunwei Capital and People Better investment were obtained, among which People Better is the wholly-owned grandson company of Xiaomi. After the company went public, People Better and Shunwei Capital each held 9.82%, and Lei Jun held 19.64% of the total shares.

However, Fangbang shares and Chuangxin Laser only acquired the surprise shares of Lei Jun Department a few months before submitting the prospectus, and the shareholding ratio was not high. At present, Hubei Xiaomi Changjiang Industrial Fund only holds 2.50% of Fangbang shares.

With the rapid development of Xiaomi’s "halo" scale.

Roborock and No.9 Company have achieved rapid development after being invested by Lei Jun Department and becoming Xiaomi ecological chain enterprises.

In 2016, Roborock began to develop "Mijia Intelligent Sweeping Robot" for Xiaomi. In 2017 and 2018, Roborock successively launched its own brands of "Stone Intelligent Sweeping Robot" and "Xiaowa Sweeping Robot", and its revenue increased from 183 million to 4.205 billion. However, the growth rate of Roborock’s income has been declining year by year. In the first three quarters of 2020, the income was 2.98 billion, down 1.65% year-on-year.

Similar to Roborock, Company No.9 obtained the key fund to acquire Segway, the world’s largest balance car company, after obtaining Xiaomi investment in 2015, which became a turning point in the company’s development. However, since 2018, the revenue of Company No.9 has slowed down. In the first three quarters of 2020, the revenue was 4.318 billion, down 5.84% year-on-year.

According to the analysis of brokerage research report, the two companies relied on Xiaomi’s strong ecological potential in the early days of their establishment to quickly and smoothly spend the initial stage of the enterprise, which provided a good foundation for the subsequent development of their own brands. In the early days of the company’s establishment, Xiaomi found stable and high-quality suppliers for No.9 and Roborock with its brand advantages. Three of the top five suppliers in Roborock are also major suppliers of Xiaomi, namely Xinwangda, Side Battery and Avnet Technology.

In addition to the help of funds and suppliers, Xiaomi also has a huge user base, as well as strong online channels and extensive offline channels to help eco-chain companies quickly open the market. Eco-chain companies have advantages in sales. In 2019, the sales expense ratio of No.9 was 6.35%, the sales expense ratio of Roborock was 8.42%, and the sales expense ratio of similar companies was 23.19%. The sales expense ratios of the two companies were obviously low.

In the first three quarters of 2020, the net profit of Company No.9 returned to its mother was 85 million, and it finally achieved profitability. From 2016 to 2019, the company accumulated losses of 2.947 billion. In contrast, Roborock has a good profitability, with a net profit of 899 million in the first three quarters of 2020, a year-on-year increase of 54.47%.

The two companies grew up from scratch. In just five years after receiving Xiaomi’s investment, they succeeded in the two sub-sectors of sweeping robot and balance car respectively, which is closely related to Xiaomi’s help.

However, Xiaomi is mainly cost-effective, and supplying Xiaomi will greatly reduce the company’s gross profit margin.

Take Company No.9 as an example. The average unit price of the same product sold to Xiaomi is 15%-20% lower than the average selling price of the company. In the past three years, the gross profit margin of products sold to Xiaomi has decreased year by year. Roborock is similar to No.9. In 2018, the gross profit margin of Mijia sweeping robot was 14.99%, while that of stone sweeping robot was as high as 42.06%, a full difference of 27.07 percentage points.

The Difficult Road for Eco-chain Enterprises to "Millet"

The two companies quickly opened up the market awareness by OEM for Xiaomi, but relying solely on Xiaomi’s platform is not enough to support its long-term development. Therefore, Xiaomi eco-chain enterprises such as Huami, Stone and No.9 have started to launch their own brands, expand sales channels and promote "millet" after they started their brands.

For example, while Roborock and No.9 Company sell their own brands through Xiaomi’s channels, they cooperate with e-commerce channels such as JD.COM, Suning and Tmall, and go hand in hand online and offline.

However, it is not easy to "millet".

From 2016 to 2019, the first customers of the two companies were Xiaomi Group. In 2019, Roborock’s income from Xiaomi was 1.441 billion, accounting for 34.27%; Company No.9′ s revenue from Xiaomi was 2.400 billion, accounting for 52.33%. In terms of income, the income of the two companies from Xiaomi showed a downward trend. However, the decline in the purchase amount of Xiaomi in 2019 led to a sharp slowdown in the revenue growth of the two companies, and Xiaomi can still have a greater impact on the company.

Although Roborock’s dependence on Xiaomi has decreased significantly, there are still hidden dangers in the company’s development. The products are single, and the revenue of sweeping robot business accounts for 98%.

At present, the sweeping robot industry is still in the development stage, with more than 200 brands on the market and fierce competition in the industry. The data shows that from 2014 to 2019, the retail sales of sweeping robots in China increased from 2.2 billion to 8 billion, with a compound annual growth rate of 29%. The top three brands in the domestic market are Cobos, Mijia and Stone, with market share of 49.4%, 12.0% and 11.1% respectively. Although the market share of stone’s own brand ranks third, many of them are brought by Xiaomi aura. If we get rid of Xiaomi and rely on stone itself, will it still be competitive?

Company No.9 is similar to Roborock. According to the prospectus of Company No.9, the compound annual growth rate of China’s balance car production is only 2.3% from 2015 to 2019, and the demand in 2019 is only 3.9 million units, which is less than 25% of the production. The development space of the balance car market is not high. Moreover, No.9 is more dependent on Xiaomi in terms of income, and it is even more difficult to "millet".

The ultimate success of Xiaomi eco-chain enterprises is that every enterprise has the ability of self-survival, making efforts in products, channels, supply chains and other aspects, and gaining a bigger market and achieving higher returns on the basis of Xiaomi platform. It’s just a difficult road to "millet".