标签归档 武汉桑拿按摩论坛

通过admin

Lynk & Co 06 Jinan area big price reduction! Reserve price 112,600! Not to be missed

In [Easy Car Jinan Local Auto Market Discount Promotion Channel], we have sorted out the ongoing
Promotions. As a much-talked-about model, the Lynk & Co 06 is currently offering amazing discounts. The highest discount can even reach 6,000. The minimum starting price is only 112,600. You can get a larger discount by clicking the "Inquire" button in the quotation form. If you are looking for a practical and affordable model, you may wish to find out about the Lynk & Co 06 discounts.

Let’s take a look at the appearance of the Lynk & Co 06. The front face of the Lynk & Co 06 looks relatively simple and recognizable as a whole. Coupled with the headlights, it is in line with the "taste" of young consumers. The car is equipped with LED daytime running lights, headlight height adjustment, automatic opening and closing, adaptive far and near light, delayed closing, etc. To the side of the body, the body size of the car is 4340MM*1820MM*1625MM, the car adopts sharp lines, the body feels very hard, with large-sized thick-walled tires, the shape is eye-catching. In terms of the rear, the Lynk & Co 06 rear line is cool, the taillights look very stable and atmospheric, coupled with the unique exhaust pipe, the neat feeling is in front of you.

In terms of the interior, the interior design looks very simple and elegant, which is easy to impress the hearts of young consumers. The steering wheel of the car is very in line with the interior style. It is equipped with functions such as manual up and down + front and rear adjustment of the steering wheel, steering wheel shift, etc., which gives people a good grip experience. Take a look at the central control. The car is equipped with a round touch LCD central control screen, which impresses the interior style, and the details are still in place. Let’s take a look at the dashboard and seats, which give people a very round and lovely feeling. The car uses imitation leather seats, which are wide and thick, with good support and comfort.

Lynk & Co 06 is matched with a wet dual clutch (DCT) gearbox, with a maximum power of 133KW and a maximum torque of 290N.m, resulting in good power performance.

As a compact SUV, the Lynk & Co 06 performs quite well in parking. It is equipped with an advanced automatic parking system, allowing the driver to easily complete the parking operation without effort. In addition, in terms of power performance, the Lynk & Co 06 is equipped with a powerful turbocharged engine, coupled with an efficient transmission, which makes the vehicle accelerate rapidly and feel full of push. Moreover, the car also has excellent fuel economy, and the energy consumption performance in daily use is very satisfactory, which fully reflects its energy-saving and environmentally friendly characteristics.

通过admin

Follow-up | The courier brother has gone to deliver takeout, what about your courier?

  CCTV News:Recently, many netizens reported that after the Chinese New Year, their express delivery was slower than when the logistics was busy a few years ago. The express delivery in the same city could not arrive for a few days, and some courier companies even asked themselves to go to the logistics warehouse to find the goods. Some netizens also broke the news that a site in Beijing Yuantong had a backlog of tens of thousands of express deliveries, and the phone could not get through, which was suspected of going bankrupt. A similar situation also appeared in Shanghai. What exactly caused this situation?

  Users said that no one delivered the courier, so they could only pick it up by themselves.

  Some netizens broke the news online on the 11th that their eight parcels had been stopped at Yuantong Beijing Huayuanqiao site for more than half a month and had not been received. They went to the site to pick up the parcels, but found that there were almost no staff at the site, and only tens of thousands of parcels were stacked in the warehouse. The netizens and some other netizens who also came to pick up the parcels followed the instructions and searched for them, but they couldn’t find them for several hours.

  The user also said that several former Yuantong staff later said that Yuantong owed them at least 80,000 to 90,000 wages, and they had no choice but to do so.

Express packages are scattered on the ground of a warehouse near Huayuanqiao, Beijing

  Under the official Weibo of Yuantong Express, thousands of netizens also left messages complaining about Yuantong’s service problems. Some netizens said: "I called the deliveryman, the deliveryman said no, and the delivery point was closed. What about my parcel? The customer service ignored it, do you want to call the police?" Others said: "My two parcels have been waiting for 10 days."

  Reporter’s visit: Many outlets are operating abnormally

  Yesterday, some media reporters came to Yuantong Haidian Huayuanqiao branch station and saw that the door of the scene was closed and the business was closed. Several former Yuantong couriers introduced that all the express shipments of the branch station have been transferred to the warehouse of another branch station and received and delivered by other branches. It is understood that users can also go to the warehouse to pick up the goods by themselves.

The Garden Bridge site is closed

  Zheng Kai, a salesperson who claimed to be a third-level contractor at the site, told reporters that the Huayuanqiao site was fined heavily by Yuantong Express Company last year due to delays, losses or customer complaints. Insolvent had no choice but to close its doors and shut down its business. The continuous shortage of funds caused the wages of nearly 50 employees at the site to not be paid in time. There was a default, which was generally two to three months in arrears, as long as half a year. "I still owe me 45,000 yuan, including the contract deposit and two months’ salary!" Zheng Kai said that the courier itself is a hard and low-paid job. Coupled with the delay of two or three months’ wages, most of the couriers at the site left, and there are only six or seven couriers left, which further exacerbates the backlog of couriers. During the interview, residents came to the site from time to time to inquire about pickup, and the delivery delays of these residents generally reached six or seven days.

  Yesterday morning, Ms. Zhang (a pseudonym), who lives in Wangjing, told reporters that the milk powder she bought for her child arrived at Yuantong Wangjing Point on January 20, but it has not been delivered. Yesterday morning, she suddenly received a text message asking her to go to the gate of a kindergarten. At 2 pm, the reporter came to the gate of the kindergarten mentioned in the text message, and there were small packages from Yuantong Express piled on the ground. Many residents were looking for their own in the package pile, and the residents who received the package did not need to sign. A man jokingly asked: "Do you want to take it casually?" Another man shouted: "You can do whatever you want, on your own initiative."

  The courier revealed that many colleagues switched to delivering takeout

  In fact, after the Spring Festival, the packages at the courier sites are piled up, and the phenomenon that the courier delivery is not timely is not a Yuantong family. As for the reason, there is a saying circulating on the Internet: the courier brother has left; the courier brother has changed to deliver takeout.

  A courier brother told reporters: "Many people have switched to delivering takeout. Delivering takeout for one day can earn 200 small, and there will be rewards for more, while the courier only takes 1 yuan per piece, and there will be a fine for delay."

  Another courier said: "I used to have a colleague who went to deliver takeout, and the company also provided jackets, electric cars, etc. Every day is the busiest time to eat, and I usually have a lot of free time, which is much easier than delivering couriers. But the income is not low. The commission for a takeaway is five or six yuan, which is much higher than the courier delivery."

  As for the income disparity between the express delivery industry and the takeaway industry, people from many courier companies said: This is indeed the case. Competition from the takeaway industry has also brought great pressure on recruitment.

  A person in charge of a courier site told reporters that after the year, several senior couriers did not come to rework directly, but switched jobs to the takeaway industry, resulting in a shortage of manpower at the site. The company is currently recruiting, with a recruitment gap of about 40%.

Takeaway delivery staff (data map)

  At the same time, according to Xi’an media reports, the person in charge of a takeaway company said that there are indeed many employees who have switched jobs from couriers to takeaways, and such people are also their favorite recruitment targets. "The proportion of those who have transferred from couriers is about 15%. After all, the couriers have work experience, and the service side is also connected, and the route also has certain advantages."

  Yuantong customer service: It is difficult to recruit couriers, and the warehouse backlog is serious.

  Yesterday afternoon, Yuantong staff responded to media reporters, saying that ******* Yuantong has not closed down, and that "backlog, salary arrears, bankruptcy, and large-scale departure" are not true. "Because there are a lot ** goods under pressure during the ****** Festival, there are many outlets that are understaffed, resulting in delivery delays. If you encounter problems with delayed delivery ** the courier, you can call the customer service number to provide the tracking number to complain. After the complaint is successful, the courier will be given a penalty ranging from 100 yuan."

The backlog of express delivery at one outlet

  The staff of the Cishou Temple outlet in Haidian District, which is in an abnormal state, told reporters that due to the current shortage of manpower, the outlet has delayed delivery, but has not stopped sending and receiving business. As for the reason, the staff said that it was difficult to recruit couriers after the year, resulting in a serious backlog in the warehouse.

  The customer service staff of Jinyuan outlets in Fengtai District confirmed that many outlets are currently being rectified, but the reason for the rectification is still unclear. The staff of Shunyi Airport Branch told reporters that after finding a problem with the courier delivery, they can contact the sender to send it again, and send the delayed goods back to the shipper after the courier returns to normal.

  State Post Bureau: Yuantong Garden Bridge site has a backlog of shipments and is expected to be delivered within a week

  Yesterday evening, the official Weibo of the State Post Bureau issued a notice saying that the Department of Market Supervision of the Bureau has issued a notice, requiring all provincial (autonomous regions and municipalities) postal administrations to act quickly, through various means such as holding meetings, on-site inspections, video surveillance, etc., to find out the resumption of production and network operations of express delivery enterprises within their jurisdiction as soon as possible, effectively prevent and contain the unstable operation of outlets and untimely delivery of express delivery, and effectively safeguard the legitimate rights and interests of the general public.

Screenshot of the message released by the official Weibo of the State Post Bureau this morning

  This morning, the official Weibo of the State Post Bureau sent another message saying that on February 15, the Beijing Municipal Postal Administration conducted a follow-up review of the express backlog at the Yuantong Beijing Huayuanqiao site, and learned that the site is organizing forces to dredge and deliver the backlog of express shipments. The backlog of express shipments is gradually decreasing. It is expected that the backlog of express shipments will be delivered within this week.

  The phenomenon and reasons for the backlog of express delivery this time have also caused many people to think. Some media have issued articles saying that it may not be a common phenomenon for express delivery to switch to takeaway delivery, but in the face of these backlogs of express delivery, everyone is not only concerned about "My express delivery has not been delivered yet!" More importantly, in the context of the rapid development of the e-commerce industry and the continuous improvement of the purchasing power of Internet users, the express delivery brother has left, what should be done in the future of online shopping? In order to retain the "express delivery brother", the express delivery industry may need not only salary, but also security and hope. Source of this article: Beijing Youth Daily, official Weibo of the State Post Bureau

通过admin

Cao Dewang’s evaluation of Xu Jiayin is really poignant

A few days ago, at the 9th China Entrepreneur Development Annual Conference, Cao Dewang, chairperson of Fuyao Glass Group, talked about the crisis of Hengda, saying that Xu Jiayin 3.90 billion of his own capital in total, and actually loans can reach two trillion.

When referring to Evergrande’s current problems, Cao Dewang pointed out that the main reason for Evergrande’s collapse may be problems with its own investment decisions. "When we were studying abroad, there may be some punctuation marks that we didn’t see, didn’t learn well, and didn’t express clearly enough, so this kind of thing happened."

Cao Dewang also said that for the development of a company, it must have its own bottom line. "Don’t be greedy, but take it step by step. If you want to dig other people’s hearts, you should worry about whether your heart will be dug away." The correct and reasonable approach is to take it step by step, accumulate slowly, create dividends or wait for the market to give dividends, rather than relying on speculation and blind gambling.

In the past, Evergrande’s ambition in the automotive industry was very large, and it even felt like a gamble. Regarding the six new energy vehicles released by Evergrande in one go, Cao Dewang commented: "This is done by rich people like Xu Jiayin. If it is completely subsidized, it will be waiting for death."

At the 12th Auto Blue Book Forum last year, Cao Dewang once proposed that entrepreneurs should have three major responsibilities. The country is strong because of you, the society is advanced because of you, and the people are prosperous because of you. This is what an entrepreneur needs to do. If you can’t do it, don’t think about making money. "I have money and I want to save society!"

"The most successful approach is to adhere to the ancestral motto of respecting heaven and loving others. This is what Mr. Wang Yangming said, that is, we must adhere to this principle." Cao Dewang said this is the basic principle he has adhered to throughout his years of entrepreneurship and development.

However, Xu Jiayin seems to have abandoned some basic principles in the development of Evergrande. At present, the entire Evergrande group is not developing well, but Xu Jiayin is indeed an economically minded businessperson. From the very beginning of the high-profile announcement of entering the automotive field, Xu Jiayin saw the opportunity of the new energy automobile industry and the potential huge golden mountain behind it, but he ignored the basic laws and laws of this industry.

In just two years, Evergrande has gone from "buying" a lot of auto parts suppliers to build its own cars, to threatening to become the world’s largest new energy vehicle group, to now planning to sell its electric vehicle stake. It has only been a year or so since the first release of six new models of Hengchi at the same time, and now it has failed in the car business.

This is indeed a bit ironic for Xu Jiayin, a very shrewd and successful business tycoon. The most obvious manifestation of this irony is the stock price.

Hong Kong shares of China Hengda fell to HK $1.60, continue to brush the historical low, the Hong Kong Stock Exchange shows that from December 6th to December 9th, Xu Jiayin continued to be forced to sell about 277.80 million shares of China Hengda. And Hengda Automobile recently the largest decline of more than 22%, other Hengda also continued to decline, Hengda property is down 13.21%, China Hengda fell 6.98%.

Freezing three feet is not a day’s cold. In the eyes of many industry insiders, the reason why Hengda Group and Hengda Automobile exploded and went to today’s situation is because the landmines have long been planted. Evergrande’s current crisis is most directly reflected in financial issues.

According to China Evergrande’s financial report, in 2020 Evergrande Group’s revenue 507.25 billion yuan, after-tax profit 31.40 billion yuan, down 6.4% year-on-year. In the first half of this year, the company’s revenue was 2226.9 billion yuan, down 16.48% year-on-year; after-tax profit 10.50 billion yuan, down 28.87% year-on-year. As of June this year, Evergrande’s total assets 2.38 trillion yuan, total liabilities reached 1.97 trillion yuan, and the debt ratio exceeded 80%.

Among them, Hengda Automobile, which has high hopes, posted a net loss of 7.74 billion yuan in 2020, an increase of 55% year-on-year, while the company’s loss expanded to 4.82 billion yuan in the first half of this year, nearly doubling. As of the first half of the year, Hengda Automobile’s cash and cash equivalents were about 9.577 billion yuan, restricted cash reached 2.936 billion yuan, total liabilities reached 153 billion yuan, and the debt ratio exceeded 90%.

Evergrande’s continued losses have become a hot potato for the group; and Evergrande’s current high debt has seriously hindered Evergrande’s investment in new cars. The two continue to fall into a vicious circle, and the root cause is the lack of money. Ironically, Evergrande is currently struggling due to the break of the capital chain, but thinking back then, not short of money is precisely the embodiment of the greatest advantage of this new car-making force that is generally regarded by the outside world.

通过admin

Behind the doubts about the listing of Nongfu Spring: The fast-moving food industry is ushering in a wave of listings


  Writing | Willem


  Editor | Mori Miao


  Tao Huabi, founder of Laoganma, once said: The company can never go public because it has sufficient cash and does not do that deceptive thing.


  For many self-made food companies that have been cultivating the market for many years, stable revenue and profits and sufficient cash reserves make them not have to worry about financing, but can proudly refuse olive branches from the outside world. But this situation is slowly changing. As the food fast-moving consumer goods industry enters a new stage, competition among enterprises is becoming increasingly fierce, and more and more companies are beginning to put aside their stubbornness in the past. Even Wahaha, who was in the "non-listing alliance" at the beginning, has changed his insistence for many years, believing that "after going public, it can accelerate the development of enterprises". As Wahaha’s opponent for many years, Nongfu Spring, the largest drinking water producer in China, has also been reported recently. It is said that the company plans to IPO in Hong Kong with a financing scale of more than 1 billion US dollars, and it will be carried out as early as the first half of next year. Regarding the rumor, the relevant person in charge of Nongfu Spring said in an interview with the media that he would not comment on the news. This ambiguous answer made capital markets imagine infinitely. You know, when Nongfu Spring was reported to have an IPO two years ago, the founder Zhong Xuanxian responded very firmly: the company does not need to go public. Two years have made Nongfu Spring’s attitude change a lot, and looking at the entire food fast-moving consumer goods industry, more companies have rushed ashore in the past two years, trying to seize the final trend in the IPO tide.



  "Resolutely not listed" bottled water faucet, according to public information, Nongfu Spring was established in September 1996 and is headquartered in Hangzhou, Zhejiang. It is a holding company of Yangshengtang. At that time, the advertisement "Nongfu Spring is a little sweet" helped it quickly occupy the market. In addition to our common drinking natural water, Nongfu Spring’s main business also includes the research and development and sales of various soft drinks such as fruit and vegetable juice drinks and tea drinks. At present, Nongfu Spring distributes its products to all parts of the country by building large-scale production and nationwide marketing networks in water sources such as Qiandao Lake in Zhejiang and Danjiangkou in Hubei.



  (The picture comes from the official website of Nongfu Spring) Looking back on the development history of Nongfu Spring, the company has come a long way. In 2000, Nongfu Spring’s products switched from pure water to natural water, which made it successfully squeezed into the top three in the market. In 2007, Nongfu Spring began to advocate consumers to drink weakly alkaline water, which once again caused shock in the industry. In 2011, Nongfu Spring surpassed Master Kong to become the first in the packaged drinking water industry. According to data analytics company Nielsen, Nongfu Spring ranked first in the industry with a market share of 26.5% in 2018, followed by China Resources Yibao and Centennial Mountain with a market share of 21.3% and 10.1% respectively. Wahaha and Master Kang have long since withdrawn from the top three in the industry. For a long time, Nongfu Spring has been very low-key in the business world, and its founder Zhong Shansui is known for his mystery, which is called an invisible rich man by the capital circle. Because the company insists on not listing or financing all year round, its financial data has always been a mystery. However, according to the "2018 Zhejiang Business National Top 500 List" released by Zhejiang Business Magazine, Nongfu Spring’s revenue in 2017 reached 16.25 billion yuan, an increase of 8.3% year-on-year. In the three years from 2014 to 2016, Nongfu Spring’s revenue was 9.09 billion yuan, 12.60 billion yuan and 15 billion yuan respectively. In June this year, Yangshengtang Holdings’ Wantai Biological updated its prospectus and also revealed some of Nongfu Spring’s financial data. According to the prospectus of Wantai Bio, Nongfu Spring’s total assets in 2018 were 20.07 billion yuan, net assets were 14.411 billion yuan, net profit was 3.61 billion yuan, and the debt-to-equity ratio was 28.2%. With a low debt ratio and high net profit, Nongfu Spring was also called "selling water and milking milk" by capital markets, which is why Nongfu Spring was able to shout the slogan "not listed". However, the rumors from the outside world are not groundless. In fact, as early as ten years ago, Nongfu Spring tried to sprint the class A share IPO, and then entered a long tutoring period. In May 2008, Nongfu Spring and CITIC Securities (600030, stock bar) signed the "Initial Public Offering Stock Tutoring Work Agreement". From May to December 2008, Nongfu Spring received listing counseling, which included communication between CITIC Securities and Nongfu Spring management.Assist Nongfu Spring in sorting out specific development goals and ways to achieve them. However, at the beginning of this year, the "CITIC Securities joint stock company report on the termination of Nongfu Spring joint stock company counseling" issued by the Zhejiang Regulatory Bureau of the China Securities Supervision Commission shows that Nongfu Spring has undergone ten years of listing counseling by CITIC Securities and terminated in December 2018. As to why Nongfu Spring terminated the ten-year listing counseling, Nongfu Spring said to the outside world that the company has no plans to go public, and does not need to use the power of capital markets, so it terminates the listing counseling. "Nongfu Spring started to participate in counseling ten years ago, and every time it has to report, so far it is a routine counseling. The company currently has abundant cash flow and has no listing plan," the company’s board secretary said.



  According to the official website of Nongfu Spring, the company produces and operates dozens of products in four major series, including drinking water, fruit and vegetable juice drinks, functional drinks, and tea drinks. In addition to the familiar packaged drinking water brand Nongfu Spring, well-known brands in the market such as Nongfu Orchard, Scream, Water Soluble C100, and Oriental Leaves are also under its umbrella. Although it has not been active in listing, Nongfu Spring has been active in promoting new products and expanding its business. As a leader in China’s bottled water industry, Nongfu Spring has been actively expanding and investing more. In May 2010, Nongfu Spring invested at least 300 million yuan and signed a 10-year plan with Jiande City to build the Nongfu Spring factory project, saying that within ten years, Nongfu Spring will build 1.50 billion yuan in fixed assets in Jiande. In 2014, Nongfu Spring invested 1 billion yuan to establish the Emei Mountain factory, and then invested 500 million yuan to reach an agreement with the Jiangkou County Government to build a mineral water plant in Qindongping Town, Taiping Town, at the foot of Fanjing Mountain. In 2015, the Changbai Mountain (603099, stock bar) Fusong factory was fully put into use, officially entering the high-end water market, and launched Nongfu Spring glass bottle mineral water, natural drinking water suitable for infants and young children, and natural mineral water suitable for students. In August 2016, the fourth phase of the Nongfu Spring Jiande City project started with a total investment of more than 1 billion yuan. In October of the same year, the company invested 1.20 billion yuan to build its seventh factory in Zhejiang. At the end of 2016, Nongfu Spring Gannan Xinfeng County Navel Orange Factory was completed and put into operation, with a total investment of 680 million yuan.



  (Nongfu Spring Jiande Base) In addition, in order to achieve upgrades, Nongfu Spring has also increased investment in technological product innovation. Among them, the parent company Yangshengtang invests more than 1 billion annually in this regard, which is also the reason why Nongfu Spring has continuously launched new products in addition to natural drinking water. Especially in 2019, in order to open up new growth points, Nongfu Spring began to accelerate its expansion into market segments, and successively launched the ready-to-drink coffee brand "Charcoal", the middle-aged and elderly beverage "Lithium Water", and the low-temperature juice "NFC Juice". It is not difficult to imagine that with the rapid expansion of Nongfu Spring, the demand for funds will inevitably increase gradually. Although the company currently has a good cash flow, it is natural to open up new funding channels if it wants to be more comfortable in the development of new projects. In fact, the growth rate of Nongfu Spring’s revenue has been slowing down year by year. In the "2018 Zhejiang Top 500 List", Nongfu Spring’s revenue in 2017 was 16.25 billion yuan, an increase of 8.3% year-on-year. In 2015 and 2016, its revenue growth rate was around 20%. On the other hand, the competition in the domestic bottled water market is also becoming more and more brutal. After Nongfu Spring, there are five major brands such as China Resources Yibao, Master Kang, Hundred Years Mountain, Wahaha, and Binglu. The competition among oligarchs is intensifying. Nongfu Spring cannot be said to be without pressure. In this context, listing has become an option worth considering for Nongfu Spring, which can give it more ammunition in the ever-changing capital markets and face increasingly powerful opponents more calmly. In this regard, Zhu Danpeng, a Chinese food industry analyst, once said that the listing of Nongfu Spring, whether from the capital chain, corporate goodwill, or from the development of multi-brand, multi-category, multi-channel, multi-consumption scenarios, multi-consumer groups, and the development trend of fast-moving consumer goods, has certain advantages and help. Xu Xiongjun, a strategic positioning expert, also believes that "although Nongfu Spring operates in many aspects, it still needs to carry out multi-brand layout to enhance the scale. The most direct way is to achieve rapid expansion through capital operation and reduce the chance of making mistakes. "



  In fact, the entire food industry has entered a big year of listing in 2019, and many food companies have joined the IPO team. According to incomplete statistics from Node Finance (ID: jiedian2018), many leading food companies have "caught up with the tide" in 2019. Among them are West Wheat Food (002956, stock bar), which is mainly engaged in the production of oat food, Youyou Food (603697, stock bar), which is known as "the first stock of chicken feet", Tianwei Food (603317, stock bar), which specializes in hot pot seasoning, Three Squirrels (300783, stock bar), which started with dried fruits and casual snacks, Liangpin Shop, and New Dairy (002946, stock bar), Plum Garden, Feihe and other dairy companies. After that, there are Ganyuan Food, which specializes in processing beans and nuts, Zhancui Food, a cartoon snack foundry of Peppa Pig, Dongpeng Special Drinks, Huawen Food, the main company of "Jinzai", and Yoyo Orchard, which produces "Yoyo Plum".



  Combing through the list of food companies with IPOs this year, it is not difficult to find that these companies can be roughly divided into three categories, one is the snack companies represented by Three Squirrels and Yoyo Orchard; the other is the dairy companies represented by Plum Garden and Feihe Dairy; the third is the condiment companies represented by Tianwei Food and Zhongjing Food. First, the listing of leisure snack companies has become the focus of the food industry this year. With the centralized listing of Three Squirrels, Yanjin Shop (002847, stock bar) and other companies, the road to upgrading of the leisure snack industry has officially opened, especially in the context of omni-channel has become the consensus of the industry, the willingness of leisure snack companies to impact the IPO has become more intense. Secondly, 2019 is also a key year for domestic dairy companies to intensively impact the capital markets. On January 25, the new dairy industry, which has rapidly expanded through the integration of regional dairy companies, was listed on the Shenzhen Stock Exchange; on November 13, Feihe Dairy, which has been established for nearly 60 years, also sounded the bell for listing on the Hong Kong Stock Exchange. In addition, regional dairy companies such as Junyao Dairy, Huahua Niu, and Red Star Meiling are also actively promoting IPOs. In addition, the capital markets are also quite favorable to the condiment industry. In addition to Tianwei Food’s successful listing on the Shanghai Stock Exchange in April this year, many condiment companies have also rushed to A-shares and Hong Kong stocks. Moreover, with the opening of the domestic salt industry, many salt companies represented by Hunan Salt Industry (600929, stock bar), Shandong Salt Industry, and Jiangxi Salt Industry have also joined the IPO team. It is worth mentioning that in addition to brand manufacturers, food foundries have also become new members of the IPO army, among which Zhancui Food, which was established in 1996, is the most concerned. This factory that processes candy and chocolate for brands such as Peppa Pig, Minions, and Frozen, also decided to hit the capital markets. The food industry is the industry that is most in contact with people’s daily lives and is the most vulnerable to attention. Under the pursuit of capital, Haitian Flavor Industry (603288, stock bar), Fuling mustard (002507, stock bar) and other sub-enterprises have become large-market companies. Among them, the total market value of Haitian flavor industry has reached about 300 billion yuan, which will undoubtedly be a huge stimulus for Nongfu Spring or other food companies.



  Many factors have contributed to the boom in capital markets. Behind the listing of many food companies, on the one hand, it is the favorable policy environment, and on the other hand, it is the pressure of the entire market environment and the company’s own operation. First of all, from the policy perspective, in 2017, 7 food companies went public smoothly. However, in 2018, under the situation of stricter review by the Issuance Examination Committee, Hairong Food, Dexing Food and other companies have suspended the review, and no one has attended the meeting throughout the year. In May 2019, at the annual meeting of the China Listed Companies Association, Yi Huiman, chairperson of the Securities Supervision Commission, said in response to the issue of IPO listing of enterprises that more outstanding enterprises from all walks of life will be attracted to list and continue to maintain the normality of IPO. The food industry, as an industry related to people’s livelihood, has naturally ushered in the upsurge of capital markets; as of the end of August this year, six companies have successfully obtained the approval of the Securities Supervision Commission.



  Secondly, the listing of food companies at this time is also due to the critical period in the current food industry. According to the data of iiMedia Consulting in 2018, the retail sales of various sub-segments of the fast-moving consumer goods industry in our country continued to grow. Among them, grain, oil and food increased by 10.2% year-on-year, beverage increased by 9.0% year-on-year, tobacco and alcohol increased by 7.4% year-on-year, and daily necessities increased by 13.7% year-on-year. However, with the overall growth of the industry, the competition among enterprises is getting bigger and bigger. Taking the beverage industry where Nongfu Spring is located as an example, the data of the China Commercial Industry Research Institute shows that as of the end of May 2018, the number of enterprises in the beverage manufacturing industry in our country reached 6717, of which 881 were loss-making enterprises, with a total loss of 3.82 billion yuan, a year-on-year decrease of 4.7%. In this critical period of the industry, almost all food companies are facing a life-and-death test. Surviving it means that they can achieve rapid development, otherwise, they are very likely to be eliminated by the market. And because the entry threshold of the food industry is relatively low, and there are many companies participating, capital and management have become the key to victory. In recent years, fast-moving consumer goods have fallen to the bottom, and almost all companies have begun to worry about cash flow, and some of their shortcomings have also been exposed due to financial problems. At present, many food companies have problems such as single products, categories, channels, scenarios, and consumer groups, which brings great risks to business operations. Listing can not only solve financing problems, but also solve some management problems, and also facilitate the rapid expansion of enterprises. On the day of Zhou Hei Duck’s listing, the official flagship store sold a total of 1.25 million boxes of goods. On the same day, the stock price rose by 13% to the close. It can be seen that in the domestic class A share listing, in addition to bringing sufficient capital transfusion, enterprises can also obtain a rapid increase in brand influence and a sharp rise in market value and valuation. Therefore, no matter how tight-lipped food companies like Nongfu Spring or Wahaha are, in the context of consumption upgrades and increasingly fierce platform competition, going public will become their next priority.


This article was first published on WeChat official account: Node Finance. The content of the article belongs to the author’s personal opinion and does not represent the position of Hexun.com. Investors operate accordingly, and please bear the risk.

(Editor in charge: He Yihua HN110)
通过admin

Are you afraid it is unhygienic to order takeout? Regulatory measures in many places encourage live kitchen operations

  China News Service, Beijing, July 13 (Qiu Yu) "Shanghai Network Catering Service Supervision and Administration Measures" was recently released and will be officially implemented on September 1 this year. China News Service reporters found that Beijing, Shanghai, Zhejiang, Sichuan, Fujian and other places have issued relevant regulations on online catering, strictly reviewing food operator licenses and the health of food delivery personnel.

  Censorship –

  Many places require online publication of food business licenses

  The Food Safety Law stipulates that third-party platform providers of online food transactions shall conduct real-name registration of online food operators to clarify their food safety management responsibilities; if they should obtain a license according to law, they shall also review their license.

  The reporter found that in addition to requiring third-party platforms to review the food business license qualifications of online food operators, Shanghai, Beijing, Fujian and other places also require third-party platforms to publicize information related to food business licenses on their websites.

  Fujian requires that online ordering third-party platform providers should review the qualifications of catering service operators applying to join the platform, such as industrial and commercial business licenses and food business licenses, implement real-name registration, truthfully record their food business license numbers, license valid periods, approved names, addresses, business items and other information, and publicize them on the main page of the online ordering third-party platform.

  Packaging –

  Beijing, Sichuan and other places require labeling of safe consumption time limits

  In terms of online catering packaging, Beijing, Sichuan, Fujian and other places have relatively strict requirements, requiring cooking time and safe consumption time to be marked on the outer packaging of food delivery containers.

  Beijing requires that food operators engaged in online ordering services should affix labels to food packaging, indicating the time of food processing and consumption, and reminding consumers to eat as soon as possible to avoid long-term storage.

  The requirements in Shanghai, Zhejiang and Liaoning have been relaxed, and it is encouraged or recommended to add seals to indicate the processing time and consumption time limit of food.

  Food delivery –

  Food delivery personnel must have a health certificate multiple requirementsDelivered within 2 hours

  The reporter noticed that Liaoning and Zhejiang have set a two-hour delivery time to ensure that food can be eaten within a safe time limit.

  Liaoning stipulates that online catering service providers should choose consumers who are close and can be delivered in a short time to deliver meals. The delivery personnel should obtain a valid health certificate as required, and the delivery time should be strictly controlled within a safe time limit of 2 hours after the food processing is completed.

  Shanghai, Beijing and other places require food delivery personnel to obtain health certificates. Shanghai requires that a health management system for food delivery personnel shall be established and implemented in accordance with the provisions of the Food Safety Law, and a health certificate shall be obtained. Persons suffering from food safety diseases stipulated by the health administrative department of the State Council shall not engage in food delivery activities according to law.

  Supervision –

  Beijing, Fujian and other places encourage online broadcasting of processing processes

  Beijing, Fujian, Zhejiang and other places encourage food operators to broadcast processing processes online and accept consumer supervision.

  Fujian encourages catering service operators engaged in online ordering to publish kitchen photos or real-time videos on their websites or third-party platforms, and promotes the implementation of "bright kitchen and bright stove" for catering service operators engaged in online ordering.

  Zhejiang encourages third-party platforms to broadcast the processing and operation process of online catering units in real time, accept consumer supervision, and promote the construction of "sunshine kitchens" and social co-governance systems for online catering units.

  Punishment.

  Liaoning recommends publicizing the records of illegal and dishonest behavior of operators

  In order to protect the rights and interests of consumers, Beijing, Shanghai, Zhejiang and other places have encouraged third-party platforms to establish a consumer pre-compensation system.

  Zhejiang stipulates that if a consumer has a dispute over ordering meals through a third-party platform, the consumer can complain to the food and drug supervision department where the platform is located or the catering unit is located. If the third-party platform cannot provide the real name, address and valid contact information of the catering unit connected to the network, the third-party platform shall compensate in advance.

  Sichuan, Liaoning and other places suggest that third-party platforms take reward and punishment measures in search rankings based on the different integrity records of online catering units.

  Liaoning suggested that third-party trading platforms should take measures such as adjusting search rankings, temporarily or permanently stopping the provision of platform services, and issuing warning information for catering service providers with concentrated consumer complaints, poor integrity records, or violations of regulations. Third-party trading platforms are encouraged to publicize the records of illegal and dishonest operators on the platform page or the platform transaction operator page. (End)

通过admin

Wisdom is moving forward, China’s luxury SUV leader WEY brings tomorrow’s technology to the Shanghai Auto Show

International Online Auto Channel News: [April 16, Shanghai] The 18th Shanghai International Automotive Industry Exhibition was grandly opened at the National Convention and Exhibition Center. China’s luxury SUV leader WEY brought the new WEY-X concept car, VV6 Collie Smart Edition, VV5 Orange Edition and other models to the 6.1H exhibition hall. Under the theme of "Intelligent Safety, Guard WEY", the brand’s tomorrow technology, forward-looking design concept and Chinese contemporary luxury style were fully displayed. At the same time, the WEY brand created a "WEY Come to the City" with four major experience areas at the booth, vividly interpreting the brand’s world-leading intelligent safety technology, bringing exhibitors an "exclusive science and technology museum" level interactive experience, and showcasing the core value of the brand’s intelligent safety. In addition, the WEY brand joined hands with Qualcomm, Yiyuan, and China Unicom to announce strategic cooperation in the 5G field, and launched in-depth cooperation with Baidu on high-precision maps and self-positioning to explore more possibilities for smart travel in the future, and further practice the brand value proposition of "wisdom is moving forward".

It’s not a good idea.Auto Channel [Contribution] [Shanghai Auto Show Special Focus Information] Wisdom is moving forward, China's luxury SUV leader WEY brings tomorrow's technology to the Shanghai Auto Show

China’s luxury SUV leader WEY brings tomorrow’s technology to the Shanghai Auto Show

"Adhering to the brand spirit of’moving forward, not only ‘, the WEY brand has always been a unique brand impression of’Chinese contemporary luxury’, combining hard power and soft power to win the trust of consumers." Ms. Liu Yan, vice president of special projects of Great Wall Motor joint stock company and general manager of WEY brand marketing, said: "The WEY brand continues to make efforts in’intelligent technology ‘, and constantly solidifies the hard power foundation of the brand with comprehensive leading intelligent interconnection and intelligent security of all-dimensional protection. At the same time, the WEY brand will continue to strengthen its soft power, and from the perspective of’human-centered pleasure ‘users, through dynamic and atmospheric charm design, excellent quality and beautiful driving, and considerate and distinguished service, it will bring consumers a real car experience. "

It’s not a good idea.Auto Channel [Contribution] [Shanghai Auto Show Special Focus Information] Wisdom is moving forward, China's luxury SUV leader WEY brings tomorrow's technology to the Shanghai Auto Show

Speech by Ms. Liu Yan, vice president of special projects of Great Wall Motor joint stock company and general manager of WEY brand marketing

The new WEY-X concept car makes its world debut, interpreting the future travel "Smart and one"

This year’s auto show, the new WEY-X concept car is the world premiere of the brand’s new generation of pure electric SUV concept car, indicating the brand’s future design direction and the development path of intelligent technology. The car is not only designed with a sense of technology, but also uses many industry cutting-edge technologies in electric technology, intelligent interconnection, and intelligent driving.

It’s not a good idea.Auto Channel [Contribution] [Shanghai Auto Show Special Focus Information] Wisdom is moving forward, China's luxury SUV leader WEY brings tomorrow's technology to the Shanghai Auto Show

The new WEY-X concept car shows the charm of "Tomorrow Technology"

The new WEY-X concept car is inspired by aircraft, and is designed with hidden door handles, family-style door openings, and 2 + 2 suspended seats, which is very visually stunning. At the same time, the car is also equipped with a number of world-leading configurations such as smart pixel headlights and 3D holograms, which are unparalleled in personalized functions such as future driving and human-vehicle interaction. In terms of power, the front and rear motors provide 130kW and 190kW power respectively, enabling the vehicle to achieve a 100-kilometer acceleration of 4.5s, a maximum speed of 200km/h, and a cruising range of 710km. In addition, the new WEY-X concept car matches top-level active and passive safety technologies, and is equipped with fully autonomous driving technology, allowing consumers to embrace the future intelligent travel life.

It’s not a good idea.Auto Channel [Contribution] [Shanghai Auto Show Special Focus Information] Wisdom is moving forward, China's luxury SUV leader WEY brings tomorrow's technology to the Shanghai Auto Show

WEY brand design executive director Amon explains the forward-looking design concept of WEY-X concept car

VV6 Collie Zhixing version was officially released, and the star model "Zhixing" dazzled the audience

As the star model of the WEY brand at this auto show, the VV6 Collie Smart Travel Edition was officially released. The car applies intelligent facial recognition technology, which can combine facial recognition and voiceprint recognition to realize personalized settings, services and fatigue monitoring functions, bringing more intelligent safety protection; laser ADB headlights increase the maximum brightness and irradiation distance of high beams to 320lx and 600m at the forefront of the industry, respectively, which can escort car owners when driving at night. In addition, the intelligent Internet platform equipped with the car not only supports intelligent recognition of 18 dialects, but also embeds APP matrix including iQIYI and Meituan to build a comprehensive service of intelligent ecosystem.

It’s not a good idea.Auto Channel [Contribution] [Shanghai Auto Show Special Focus Information] Wisdom is moving forward, China's luxury SUV leader WEY brings tomorrow's technology to the Shanghai Auto Show

VV6 Collie Smart Edition was officially released at the auto show

At the same time, VV6 integrates the top technology of the WEY brand: as an intelligent pixel headlight that redefines automotive lighting, it can realize programming of the light path and precise control of the pixel level, accurately anti-glare, projection of zebra crossings and prohibited slogans, etc., expanding the safety range to all road participants. Therefore, WEY has become the first brand in the world to popularize and the first in China to carry this technology; the new 6 + 6 all-terrain Nextrac intelligent torque management system from BorgWarner can provide 6 driving modes and 6 all-terrain modes, subverting the traditional driving experience; and Harman’s patented Quantum Logic 3D surround sound processing technology, tailor-made dual-core overhead, 20-channel 24 speakers, can achieve panoramic sound experience.

It’s not a good idea.Auto Channel [Contribution] [Shanghai Auto Show Special Focus Information] Wisdom is moving forward, China's luxury SUV leader WEY brings tomorrow's technology to the Shanghai Auto Show

WEY brand intelligent security deputy chief engineer Bin Yang explains "intelligent security" technology

In addition, the new orange version of the VV5 model made a cool debut, setting off a trend storm for the exhibition. The car has a very sporty design style. The flat hexagonal middle net, water tank grille and huge fog lamp areas on both sides all use a black honeycomb design, with orange and black contrasting colors, presenting a stronger sense of movement. Dynamic orange trim is added to the interior center console, shift panel, door panel, seat and other positions, and the shift mechanism is upgraded to a more technological electronic gear lever. Coupled with the leapfrog full LCD instrument design, the super cool style is reflected inside and outside. The new 1.5T supercharged four-cylinder direct injection engine brings high-efficiency power, and with the cooperation of the 7DCT transmission, the driving vitality is "orange", and it is bound to become another dark horse in the market segment.

It’s not a good idea.Auto Channel [Contribution] [Shanghai Auto Show Special Focus Information] Wisdom is moving forward, China's luxury SUV leader WEY brings tomorrow's technology to the Shanghai Auto Show

VV5 makes its orange-like debut, setting off a trend storm for the exhibition

Top strategic partners are deeply empowered, WEY brand "wisdom is moving forward"

Since the birth of the brand, WEY has taken the mission of "making luxury within reach", continuously launched technology-leading and high-quality products, and continued to deepen strategic cooperation with top technology suppliers at home and abroad to promote the brand "smart forward". At this auto show, WEY brand joined hands with Qualcomm, Yiyuan, and China Unicom to announce cooperation in the 5G field to jointly catalyze the 5G intelligent ecosystem.

It’s not a good idea.Auto Channel [Contribution] [Shanghai Auto Show Special Focus Information] Wisdom is moving forward, China's luxury SUV leader WEY brings tomorrow's technology to the Shanghai Auto Show

WEY brand joins hands with Qualcomm, Yiyuan, and China Unicom to announce strategic cooperation in the 5G field

Qualcomm will provide the most advanced automotive connectivity solutions for the WEY brand, allowing the Snapdragon Automotive 5G platform to play a key role in the process of next-generation 5G and LTE-V2X vehicles; Yiyuan will provide its R & D advantages and deep commercial experience in 5G, C-V2X and other forward-looking technologies to jointly create industry-benchmarking intelligent networked vehicles; China Unicom, as a long-term strategic partner of the WEY brand, will continue to provide strong support in technology research and development, network services, and product innovation in the field of 5G intelligent networking and intelligent travel. In addition, the WEY brand has also cooperated with domestic Internet Tech Giants Baidu on high-precision maps and self-positioning to jointly explore more possibilities for future smart travel.

This year is also the first year of the internationalization of the WEY brand. After joining hands with the international top high-end customization giant Babs Automobile and reaching a comprehensive cooperation, the WEY brand will represent the power of Chinese brands at the Frankfurt Motor Show again. At that time, more pure electric and even hydrogen energy models representing future trends will be unveiled for the first time, showcasing the strength and style of Chinese brands leading the development of clean energy on the world stage.

At the Shanghai Auto Show two years ago, the WEY brand released its first flagship model, the VV7, which subverted consumers’ awareness of China’s luxury SUVs. In the subsequent development, the WEY brand broke through the ceiling of China’s own brands and ushered in a new era of high-end Chinese automobiles. As of March this year, the WEY brand has more than 250,000 users, and has become the Chinese luxury SUV brand with the highest cumulative sales volume, firmly occupying the first place of Chinese brands. At this Shanghai Auto Show, the WEY brand expands the Xinjiang industry of "tomorrow’s technology" with intelligent safety, and is committed to "guarding WEY" for consumers, taking another solid step on the road of brand upward and internationalization. (Photo provided by WEY, editor Wei Wei, responsible editor Wu Yue)

通过admin

Xiaomi Group’s second-quarter net profit rose by 46.6% quarter-on-quarter, and a number of businesses bucked the trend to boost industry confidence

????Xinhua Finance, Beijing, August 26th, Xiaomi Group26 daysAnnounced 2020 interim results, revenue and profit performance exceeded market expectations. Total revenue in the first half of the year reached RMB 103.20 billion, an increase of 7.9% year-on-year; adjusted net profit 5.70 billion yuan.

Xiaomi Group2020 Q2 revenue RMB 53.50 billion yuan, an increase of 7.7%; adjusted net profit RMB 3.40 billion yuan, an increase of 46.6%.

????In the second quarter of 2020, Xiaomi sold 28.30 million mobile phones worldwide, ranking fourth in the world in market share. Xiaomi mobile phones continued to gain a foothold in the high-end market, with the global average selling price of smartphones increasing by 11.8%. In overseas markets, Xiaomi’s high-end mobile phone shipments priced at 300 euros and above increased by 99.2% year-on-year in the second quarter. The European market increased by 64.9% year-on-year, entering the top three for the first time, and the Spanish smartphone market topped the market for two consecutive quarters.

????Xiaomi AIoT business continues to lead the global smart life. As of June 30, 2020, the number of connected devices on Xiaomi IoT platform reached 271 million, an increase of 38.3% year-on-year. In June 2020, MAU users reached 78.40 million, an increase of 57.1% year-on-year.

????Internet service growth is solid. In the second quarter of 2020, internet service revenue reached RMB 5.90 billion, an increase of 29% year-on-year. In June 2020, MIUI’s global monthly active users reached 340 million, an increase of 23.3% year-on-year.

????In the new decade, Xiaomi has upgraded its core strategy to "Mobile X AIoT", which is more of a multiplier effect and a unified whole of mutual blessing. Focusing on the core business of mobile phones, AIoT layout builds a better life, making Xiaomi a true leader in the future lifestyle.

????The mobile phone business has firmly established a high-end market share and ranks among the top four in the world

????In the second quarter of 2020, despite the impact of the epidemic on the global mobile phone market, Xiaomi’s smartphone business remained stable, with revenue of RMB 31.60 billion yuan and mobile phone sales 28.30 million. According to Canalys statistics, in the second quarter of 2020, Xiaomi’s global smartphone shipments continued to rank fourth in the world, with a market share of 10.1%.

????Xiaomi Group continues to promote the mobile phone dual brand strategy. The Xiaomi brand has firmly established itself in the high-end market, and the proportion of mid-to-high-end mobile phone sales has increased. The average unit price of smartphones has increased by 11.8% year-on-year. During the JD.com 618 shopping festival, Xiaomi 10 won the sales champion in the 3500-4500 price range. On August 11, Xiaomi 10 Supreme Commemorative Edition was launched, equipped with cutting-edge 120W wired fast charging and 50W wireless flash charging. The battery adopts the industry’s first mass-produced graphene-based lithium-ion battery, and once again won the world’s first overall score of DXOMARK camera with a total score of 130 points, making it the best flagship mobile phone in the world to take pictures. Redmi continues to promote the popularization of 5G mobile phones. In May, Canalys released data showing that three of the top ten best-selling models in the world for Quarter 1 in 2020 are Redmi models, and Redmi is also the only domestic mobile phone brand on the list.

????AIoT leads the future smart lifestyle

????During the reporting period, Xiaomi’s AIoT platform lead was further expanded. As of June 30, 2020, the number of connected IoT devices (excluding smartphones and laptops) on the IoT platform reached 271 million, an increase of 38.3% year-on-year. The number of users with five or more devices connected to the Xiaomi IoT platform increased to 5.10 million, an increase of 63.9% year-on-year.

????On June 30, 2020, the number of monthly active users of the intelligent assistant "Xiao Ai Classmate" reached 78.40 million, an increase of 57.1% year-on-year, continuing to become one of the most active artificial intelligence voice interaction platforms in China. The openness of Xiaomi’s smart life scenarios continues to increase. In June 2020, the number of monthly active users of Mijia App reached 40.80 million, an increase of 34.1% year-on-year. Among them, 67.9% of users are from non-Xiaomi mobile phone users.

????In August 2020, Xiaomi also released the Xiaomi Magic Share function that supports collaborative interaction between Xiaomi devices. This function supports cross-screen collaboration between mobile phones and notebooks, one-click transfer of video calls with multiple end points, relay transmission of music and picture data, etc. Continuous smart home, wearable devices, and end points with screens. Bring richer scene applications and a more convenient and elegant interconnection experience. This is an upgrade of the smart collaboration capabilities of mobile phones and Internet of Things devices.

????In the new decade, focusing on the core of the mobile phone business, the AIoT ecosystem will penetrate multiple scenarios, win more users, obtain massive data, and become the moat of Xiaomi’s business model, making Xiaomi a leader in the future lifestyle.

????IoT and consumer goods are growing steadily, and smart TVs rank first in China

????Although the epidemic affected the pace of production, transportation, sales and product release in the first half of 2020, Xiaomi’s IoT and consumer goods business withstood pressure and maintained growth. Revenue reached RMB 15.30 billion during the reporting period, an increase of 2.1% year-on-year.

????Xiaomi Smart TV continues to maintain its leading position in the industry. In the second quarter of 2020, Xiaomi Smart TV shipped 2.80 million units worldwide. According to the statistics of Orville Cloud Network, as of the second quarter of 2020, Xiaomi TV shipments ranked first in the Chinese mainland market for the sixth consecutive quarter. Xiaomi Smart TV is also becoming more and more popular in overseas markets. Xiaomi Smart TV entered Poland, France, Italy and other markets in the second quarter. While maintaining the industry’s leading position in shipments, Xiaomi Smart TV continues to improve technical investment and explore the high-end market. In July 2020, Xiaomi launched the first ultra-high-end TV – the Master Series 65-inch OLED TV. In August of the same year, Xiaomi released the second ultra-high-end product in the Xiaomi TV Master series, Xiaomi Transparent TV, which is the world’s first mass-produced transparent OLED TV. The subversive transparent form represents Xiaomi’s exploration of the ultimate form of future TV.

????Xiaomi’s IoT business is also constantly exploring overseas markets. In July 2020, Xiaomi held the first global press conference of the Xiaomi ecological chain, launching to global users including the Mi Band 5, the Mi True Wireless Headset 2 Basic, and the Xiaomi electric scooter Pro2 in cooperation with the Mercedes-AMG Petronas F1 team.

????Internet services steady growth diversification trend further strengthened

????In the second quarter of 2020, Xiaomi’s internet service revenue grew strongly, reaching RMB 5.90 billion, an increase of 29% year-on-year.

????In June 2020, MIUI monthly active users reached 340 million, an increase of 23.3% year-on-year.

????Internet advertising business continued to grow. In the second quarter of 2020, advertising revenue reached 3.10 billion yuan, an increase of 23.2% year-on-year. Showing the vitality of Xiaomi’s Internet commercialization under different economic conditions.

????In the second quarter of 2020, the diversification of Xiaomi’s Internet business continued to advance, and the vitality of emerging businesses continued to break out. The emerging business is internet services other than Chinese mainland smartphone advertising and games, including TV Internet, Youpin e-commerce, financial technology and overseas Internet. The revenue of this part of the business increased by 39.5% year-on-year, accounting for 39% of the total revenue of internet services. Among them, the TV Internet business grew strongly. As of June 2020, the MAU users of smart TVs and Xiaomi boxes 32 million, an increase of 41.8% year-on-year, and the number of Xiaomi TV paid users 4 million, an increase of 33.1% year-on-year.

????Overseas market revenue grew steadily, and the European market entered the top three

????In the second quarter of 2020, Xiaomi’s overseas market revenue reached RMB 24 billion, an increase of 10% year-on-year. According to Canalys data, in the second quarter of 2020, Xiaomi ranked among the top five in smartphone market share in a total of 50 countries and regions around the world, and ranked among the top three in 25 markets. Xiaomi’s mobile phone business is still growing in major markets, especially in the European market.

????According to Canalys data, in the second quarter of 2020, Xiaomi’s smartphone shipments in the European market rose against the trend, growing by 64.9% year-on-year, with a market share of 16.8%, making it the top three smartphone manufacturers in Europe for the first time.

????Xiaomi’s smartphone shipments in the Western European market increased by 115.9% year-on-year, the first growth rate among major manufacturers. Among them, the smartphone market share in Spain remained the first for two consecutive quarters, growing by 150.6%, and the market share reached 36.8%. The market share of smartphone shipments in France ranked second, and the top four in Germany and Italy.

????According to IDC statistics, in the second quarter of 2020, Xiaomi smartphones maintained the first shipment volume in India for 12 consecutive quarters. According to Canalys statistics, Xiaomi’s share in the Indian smartphone market exceeded 30.7% in the quarter. At the same time, Xiaomi’s globalization breadth further expanded. In the second quarter of 2020, Xiaomi’s shipments of smartphones in Latin America, the Middle East, and Africa increased by 99.4%, 66.3%, and 113% respectively, ranking among the top five in Africa and the top four in the Middle East and Latin America.

????JP Morgan Chase commented that Xiaomi’s rapid expansion of market share in the European market is conducive to attracting high-income user groups, further increasing the average selling price of mobile phones, and broadening the space for internet service monetization.

????

通过admin

Baidu AI black technology? Experience Xiaodu at home smart speaker AI system

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

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

Figure 1 Xiaodu smart speaker at home

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

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

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

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

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

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

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

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

Figure 3 Drop-down menu

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

Picture 4 Night reading time

2 Q & A videos without pressure

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

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

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

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

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

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

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

Figure 5 shows the elephant photo

Figure 6 shows the stroke order animation

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

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

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

Figure 7: Content Square

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

Figure 8 can display lyrics synchronously

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

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

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

Figure 9 Playing video content

Figure 10: Broadcasting a radio drama

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

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

Figure 11 Live TV function

3 Video conversations for all ages

Convenient for the elderly and children, video dialogue function

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

Figure 12 Video conversation

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

Figure 13 Normal dial

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

Figure 14 View the camera content in the Xiaodu Home APP

Figure 15 Small degree reminder at home

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

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

Figure 16 Intelligent capture function

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

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

Figure 17 Xiaobanlong School

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

Figure 18 Chinese to English translation

Figure 19 Sentence translation function

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

Figure 20 Calculation

Xiaodu at home, child protection function

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

Figure 21 Child protection content

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

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

Figure 22 Built-in mini-game

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

Figure 23 Paid content

4 Training interaction is valuable

Train to make Xiaodu smarter at home

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

Figure 24 Small degree secret language

  Figure 25 Operation after identification

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

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

Figure 26 Xiaodu remote assistance at home

Family interaction, viewing photos is simple

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

Figure 27 Family interaction

Xiaodu is at home, what can it understand?

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

Voice command: "XX share price"

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

Voice command: "Express inquiry".

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

Voice command: "Good morning"

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

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

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

Voice command: "Music"

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

Voice command: "Play Jacky Cheung’s song"

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

Voice command: "Guzheng Music"

Xiaodu operates at home: play the ancient song

Voice command: "Play Leaving Sorrow"

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

Voice command: "Change singer"

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

Voice command: "Do you want to eat?"

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

Voice command: "I’m hungry"

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

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

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

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

Xiaodu operates at home: Set an alarm clock.

Voice command: "Set 1 minute countdown"

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

Voice command: "Turn off the screen"

Xiaodu at home operation: turn off the screen display.

Xiaodu is at home, some other functions

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

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

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

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

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

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

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

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

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

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

summary

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

通过admin

Innovation drives the healthcare industry and jointly draws a new blueprint for technology and finance

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

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

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

 

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

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

 

  Deeply empowered medical industry, long-term support results

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

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

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

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

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

(Editor in charge: Wang Xiaoyu)

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

通过admin

Yicheng Liquor Management strategically invests in Michael Group, and the brand matrix is deeply cultivated in the existing market

When it comes to the regions with rapid economic development in our country, many people first think of East China. Jiangsu, Zhejiang and Shanghai, which are firmly in the top three, are a must for major hotel groups, and the brand is reborn one after another. In the six provinces of East China, Shandong, which used to be dominated by traditional industries, has taken its economy to a new level with the upgrading and transformation of its industries. At the same time, the tourism industry is also recovering strongly, and its hotel investment market prospects have been "re-recognized" by industry people.

Shandong Qingdao city night view

Shandong hotel market urgently needs brand upgrade

Yicheng Liquor Tube X Migao Group joins forces to develop

Shandong Yantai, Weihai, Jinan, Linyi, Jining and other cities each have their own leading industries in sub-sectors. In recent years, the scale of the introduction of high-tech manufacturing has increased rapidly.

Under the blessing of profound Qilu culture and rich tourism resources, Shandong has also become a national leisure and vacation destination. In 2021, Shandong received 730 million tourists, and the total tourism revenue was 827.86 billion yuan, an increase of 26.6% and 37.5% compared with 2020; from January to February this year, Ctrip data showed that the number of tourism orders in Shandong Province surged by 31%, and the overall tourist arrivals showed double-digit growth.

According to the China Hotel Association "2021 China hospitality sector development report" data shows that the number of hotel rooms in Shandong is 920,000, the volume ranks fifth in the country, of which economy hotels account for 59.3%, mid-range hotels accounted for only 32.9%, compared to Guangdong, Zhejiang, Jiangsu and other provinces and cities, economy hotels are relatively saturated, mid-range hotel inventory is not high, hotel grades are more scattered, service quality is uneven, brand need to upgrade.

"Under the favorable factors of the double improvement of GDP and tourism income, in the medium and long term, the demand of Shandong hotel market will continue to increase. In addition, the chain rate of its hotels is only 32.5%, and the development space of brand chain is relatively large. At the same time, the demand for hotel brand upgrading will also increase greatly." Ms. Zhou Qunxia, chief operating officer of Yicheng Liquor Management, is very optimistic about the development prospects of Shandong hotel market.

After several rounds of market surveys and multiple contacts, Yicheng Liquor Management decided to make a strategic investment in Shandong’s Migao Fashion Group (hereinafter referred to as Migao Group), and established Beijing Yicheng Migao Hotel Management Co., Ltd. (hereinafter referred to as Yicheng Migao) to deeply layout the Shandong and northern stock markets with a three-dimensional brand matrix.

Picture 2 | The scene of the strategic acquisition signing ceremony of Yicheng Liquor Management x Migao Group.jpeg

The signing ceremony of strategic investment of Yicheng Jiuguan x Migao Group

Michael Group has been deeply involved in the Shandong hotel market for ten years

Under the depth of Yicheng wine management, the brand Shengwei is empowered

Miko Group has been deeply involved in the Shandong market for ten years, and has become a shining local business card with precise positioning, integration into local culture and affordable luxury enjoyment. It owns two brands, "Miko International Hotel" and "Miko Fashion Hotel". Miko International Hotel aims at the middle and high end of the lower-tier market, focusing on 3-5 tier cities. Miko Fashion Hotel is positioned as a mid-range hotel brand, and deploys the Shandong market with a large-scale three-dimensional matrix.

With deep accumulation in the lower-tier market, cost-effective products and services and good customer reputation, Migao Group’s operating performance recovered strongly in 2021 and returned to the same period in 2019. As of March 2022, Migao Group has 35 stores nationwide, of which 18 hotels are deeply rooted in Shandong, covering 13 cities in Shandong Province, including Jinan, Yantai, Weihai, Linyi, Liaocheng, Weifang, etc., and has been located in the capital Beijing, Suqian, Jiangsu, Yichang, Hubei, Chifeng, Inner Mongolia and other places.

Picture 3.2 | Two brands of "Michael Fashion Hotel" and "Michael International Hotel" .jpeg

"Michael Fashion Hotel" and "Michael International Hotel" two major brands

Under the trend of chain, branding, digitalization and high-quality development in the hotel market, Miko Group hopes to seize market opportunities, upgrade the quality of products and services, and exert its influence to accelerate the scale development of the lower-tier market. To achieve this goal, a large number of professional talents, IT technology and supply chain support are required, which is difficult for regional brands to have.

As a professional hotel management company on the technology platform of Yilong Hotel, Yicheng Liquor Management can help cooperation and franchise hotels upgrade products and services, enhance brand value, and improve store operation efficiency through three empowers of "brand, marketing, operation" and six major powers of "system, engineering, data, talent, technology, and finance". At the same time, through refined management, it can improve store operation efficiency. This is exactly what regional brands such as Migao Group urgently need. The strong alliance of the two sides can just complement each other’s advantages.

Through this strategic investment, Migao Group’s brands will accelerate their development under the authorization of "Eilong", with "Eilong Migao International Hotel" and "Eilong Migao Fashion Hotel" as the main brands, taking the homecoming experience as the root, ensuring that customers can obtain a homecoming-like warm and high-quality living and service experience at a light consumption level, and leading the industry from the new trend of "heart" service.

Yicheng Liquor Management will promote the all-round upgrade of the two main brands while maintaining the continuous and stable operation of the hotels under the Michael Group, and form typical cases and entry points to help Shandong and even more northern stock market hotels upgrade from economical to medium and high-end, improve the online and chain rate, and promote the overall market brand upgrade.

Double growth of branch volume and market territory

Yicheng wine pipe transmits eLong temperature in the stock market

After decades of development, China’s hotel market has entered the existing market from an incremental market, with hundreds of thousands of individual hotels and economy hotels to be chained and brand upgraded. Since its official entry into the market in 2021, Yicheng Liquor has put forward three core strategies of "multi-brand matrix, multi-brand alliance, strong service and heavy operation" for the existing market, striving to help investors and franchisees achieve investment value and maximize store operation efficiency.

Yicheng Liquor has been established for less than a year, and the brand matrix has included high-end, mid-end, mid-end, and light mid-end hotel grades. It has incubated multiple hotel brands to match the needs of the existing market, such as Zhenxuan high-end hotel brand "Yilong Xi Cheng International Hotel", light luxury mid-to-high-end hotel brand "Yilong Langyue Hotel", diversified mid-to-high-end hotel brand "Yilong Ruiyun Hotel", fashionable mid-end hotel brand "Yilong Yitang Hotel", and dynamic light mid-end brand "Yisuan Hotel".

WeChat image _20220412104050

Yicheng wine management brand matrix

This strategic investment in Miko Group is the embodiment of the development strategy of Hezhong Alliance in the three core strategies of Yicheng Liquor Management. Yicheng Liquor Management not only quickly penetrated the stock cities in Shandong market, but also expanded its brand matrix again, filling the brand gap in the lower-tier market. The brand matrix grade is more rich and three-dimensional.

"In all parts of the country, especially in the lower-tier market, there are many regional hotel brands with their own characteristics. They have the advantages of local property and customer base resources. Yicheng strategically invests in Migao Group and launches a new company in a joint venture. Join hands with’Yilong ‘and empower Migao, which can not only retain Migao’s brand influence in Shandong and the north, but also give full play to the industrial chain of Yilong Hotel Technology and the empowering advantages of Yicheng Winery. The combination of the two parties will be able to quickly establish the brand influence of Yilong in Shandong and the northern market." Ms. Zhou Qunxia, chief operating officer of Yicheng Winery and CEO of Yilong Migao Brand, said.

Although Yicheng Liquor’s brands are blooming and the hotel styles are different, its "Yilong Temperature" quality service has always been constant. Yicheng Liquor builds a standardized service process around the core value of "quality, wisdom, temperature", and has an exclusive butler service system that connects online and offline "Cheng Xiaoyi", striving to achieve a consistent check-in experience in thousands of stores and give customers a good accommodation experience.

Picture 5 | "Cheng Xiaoyi" exclusive butler service system guarantees the consistent check-in experience of thousands of shops.jpg

"Cheng Xiaoyi" exclusive butler service system ensures a consistent check-in experience in thousands of stores

The trillion-dollar hotel stock market is facing new challenges. The addition of Yicheng Migao adds a powerhouse to Yicheng Winery. After deeply empowering its stores to improve operational efficiency, Yicheng Winery will assist Yicheng Migao Hotel to make great strides towards large-scale development, develop in depth in Shandong Province, and actively expand the northern market.

Yicheng Liquor has now covered 23 provinces and 78 cities across the country. With the official establishment of Yicheng Migao, Yicheng Liquor has opened a new chapter in the lower-tier market in East China and even the whole country.

At a time when the epidemic is normalized, the recovery of the hospitality sector to boost performance is still a tough battle. Zhou Qunxia said: "In the face of new opportunities and challenges, Yicheng Liquor Management will put more energy on the stock market, use the management method of’seeing different, feeling consistent ‘, do a good job in operation services, continue to pass on the right care to consumers, and at the same time reduce costs and increase efficiency for investors and franchisees to achieve better returns, and pass on Yilong temperature with an open and collaborative attitude."