On February 28th, Chery iCAR 03 was officially launched at a price of 10.98–169,800 yuan. This car is the first model of Chery brand iCAR, and it is available in two-wheel drive and four-wheel drive versions.

Fanghezi modeling

In terms of appearance, the front face of iCAR 03 is equipped with a closed air intake grille, and the headlights on both sides are in the shape of "I", and they are connected by decorative boards with threads. The biggest highlight is that the lighting group and the middle logo are integrated with the "I" design of the brand logo, which has a high lighting effect and brand recognition. It also has six kinds of intelligent lights, corresponding to unlocking, locking, greeting, car finding and other functions.

The side of the car body maintains a straight line shape, and the windows and roof are blackened to create a floating effect. It is equipped with a hidden door handle and a five-spoke hub shape, and the hub is available in 18-inch and 19-inch sizes. At the same time, it also adopts the form of two-color body color matching, which is very suitable for the tastes of young consumers.

In terms of body size, the length, width and height of iCAR 03 are 4406/1910/1715mm, respectively, and the wheelbase is 2715mm, so it is a compact pure electric SUV.

What is more interesting at the tail is its "small schoolbag" design. It is not a traditional spare tire, but a storage compartment with considerable volume. The LED taillights on both sides are also inspired by the brand logo, and the shape echoes the headlights, and the tailgate of the trunk is also an electric suction door, which will save effort when closing the door.

Equipped with a 15.6-inch central control panel

In terms of interior, the center console adopts many straight lines, which makes the overall shape tough. The car is equipped with a 15.6-inch suspended central control panel and an embedded full LCD instrument panel, as well as a three-spoke multi-function steering wheel and a crystal gear shift handle, demonstrating its sense of science and technology. In addition, the interior details are also decorated with some metallic ornaments. In terms of configuration, the new car comes standard with keyless entry, automatic LED headlights, automatic wiper, electric adjustment of the main driver’s seat, and other functions.

The maximum pure battery life is 501km.

In terms of power, iCAR 03 is available in two versions: rear-drive and four-wheel drive, equipped with Contemporary Amperex Technology Co., Limited lithium iron phosphate battery. Among them, the rear-drive version is equipped with a motor with a maximum power of 135KW, and there are two versions of 401km and 501km for battery life; The four-wheel drive version is equipped with dual motors, with the maximum power of 70KW and 135KW respectively, the fastest acceleration time of 6.5 seconds, and the battery life is available in two versions of 472km and 501km, which meets the needs of different consumers.

In addition, the car is equipped with iWD intelligent electric four-wheel drive, and adopts H-arm multi-link and hydraulic bushing chassis structure, adopting all-aluminum girder and 8 driving modes.

Chery iCAR 03 is the first model of iCAR. The off-road SUV with square box shape really attracts young consumers, with exquisite interior and rich configuration. Coupled with its strong power performance, combined with the current price, it still has good market competitiveness.

Topic: 60 years of classic China glory

Photo by Xu Kangping, Central Bank Building

　　In 1949, the people who had just been liberated were still "distrustful of the paper money issued by the government, and felt that the silver dollar was more useful". Sixty years later, the RMB has become the undisputed "hard currency" in Hong Kong people’s wallets.

　　At the beginning of the founding of New China, the employees of CCB Shanghai Branch "packed up their backpacks and went to the construction site" to provide on-site services for key projects such as Shanghai Steam Turbine Factory, and shuttled through boiling construction sites all day. Sixty years later, they supported a large number of municipal construction projects from the elevated expressway to the Huangpu River tunnel through bilateral loans and syndicated loans.

　　Even 20 years ago, many people still couldn’t tell the difference between "China People’s Bank" and "China Bank". Today, the slightest policy trend of the People’s Bank of China has become the focus of worldwide attention.

　　60 years is only a short moment in the long river of history. However, for China’s financial industry, it is a "one-size-fits-all". In the past 60 years, China’s financial industry has gone through the ups and downs with the historical wheel of the Republic, and has completed the vicissitudes of life from the beginning to the rise, sorting out the growth path of a financial power.

　　Banking articles from zero starting point to global reputation

　　On February 26, 2009, Beijing was warm and cold. "In 2008, the after-tax net profit of banking financial institutions in China was 583.4 billion yuan, an increase of 30.6% over the previous year. Total profit, profit growth and return on capital are among the best in the world. " Liu Mingkang, chairman of the China Banking Regulatory Commission, who came to the the State Council Information Office, was all smiles to Chinese and foreign journalists: "In the financial crisis, although China’s banking industry could not be immune to it, it was unique in the world!"

The insurance industry serves people’s production and life.

　　In the face of the global financial crisis, the outstanding performance of China’s banking industry comes from the solid foundation laid by continuous reform and development in the past 60 years.

　　On December 1, 1948, the People’s Bank of China was formally established, assuming the dual roles of central bank and commercial bank. Today, the total assets of the banking industry reach 73.7 trillion yuan, and there are more than 5,600 banking financial institutions in China, with the central bank as the core and a complete financial organization system of banking, securities and insurance; A financial market system with coordinated development of capital market, money market, gold market and futures market; And the financial supervision system with the structure of "one line, three meetings" has begun to take shape.

　　Since the reform and opening up, China’s macro-economy has experienced several obvious fluctuations, including inflation, overheating and deflation. Correspondingly, it has also undergone several major macro-controls. During this period, the monetary policy closely follows the pulse of economic development, taking corresponding changes in a timely manner, becoming increasingly flexible, prudent and targeted, and ensuring the smooth progress of economic ships.

　　The average capital adequacy ratio of less than 5% and the non-performing assets ratio of more than 25% were the current situation of China commercial banks in 1993. In 2002, the National Financial Work Conference pushed the reform of commercial banks onto the historical stage. ICBC, Bank of China, China Construction Bank and Bank of Communications successively went public and initially established a modern enterprise system. Non-performing loans in the banking industry decreased from 23.6% at the end of 2002 to 2.4% at the end of 2008. In the face of a foreign banker who was worried about the non-performing loans of China’s banking industry, a senior executive of the China Banking Regulatory Commission once said humorously to him: "You can safely drink the wine in the glass." "Going home during the holidays, have you got back all the wages earned by working?" "The money is in the card. We use the bank card now, which is much safer than carrying it with us." This is a conversation between Premier Wen Jiabao and a migrant worker at Beijing West Railway Station on the eve of the Spring Festival last year. It is through the special service of migrant workers’ bank cards that this young man realized his desire to earn money in other places and withdraw money at home. Today, the total circulation of bank cards in China exceeds 1.8 billion, and bank cards have become the most extensive and frequent non-cash payment tool for individual residents.

　　Securities articles move from childish ignorance to rational norms

　　If the 60-year magnificent course of China’s financial industry is a magnificent historical picture, then the birth and development of the capital market is undoubtedly one of the highlights.

　　On November 14th, 1986, Deng Xiaoping returned a stock of Shanghai Feile Audio Company as a gift to John Van Erling, then the chairman of new york Stock Exchange. At that moment, the international community exclaimed that "China shook hands with the stock market".

Growth chart of total assets of banks

Number growth chart of listed companies

　　The new China capital market is so immature: the first stock business counter opened in Shanghai in China has no computer and market display screen, and the transaction price determined by customers’ oral negotiation is written on the blackboard; The staff completes every procedure from delivery, registration, stamping to transfer by hand; The average daily transaction volume is only a few dozen.

　　Looking back, China’s capital market, which grew out of nothing and grew up in various criticisms and debates, has long since changed: the number of listed companies has grown from 14 at the end of 1991 to 1,628 at the end of July 2009, an increase of 115 times in 18 years. The total market value of Shanghai and Shenzhen stock markets is 23.5 trillion yuan, accounting for 95.4% of GDP in 2008, ranking third in the world in terms of market value.

　　Behind these figures, there are more profound changes: the quality of listed companies has improved steadily and become a new force to promote economic development. A large number of super-large enterprises related to the national economy and people’s livelihood, including China Petroleum and Industrial and Commercial Bank of China, have landed in the A-share market one after another. Institutional investors, including funds, social security and insurance funds, have gradually become the main force of the market. QFII and QDII have successively "rushed to the beach" and "went out to sea", becoming the link between the international capital market and the China capital market …

　　When "creating conditions for more people to have property income" entered the report of the 17th National Congress of the Communist Party of China for the first time, people found that the development of the securities market expanded residents’ investment varieties from early single savings to stocks, national debt, funds, warrants, futures and other financial management tools. China’s capital market has not only become a "barometer" and "engine" of China’s economic development, but also become an important channel for investors to share economic achievements and form a wealth effect.

　　Insurance articles from outshine others to a hundred flowers blossom.

　　At the end of June, 2008, Zhang Guangfa, a farmer in Yingxiu Town who suffered heavy losses in the Wenchuan earthquake, received more than 3,000 yuan from the insurance company. Like Zhang Guangfa, nearly 20,000 people affected by the disaster started their new production and life after receiving compensation totaling 1.66 billion yuan. A year later, the insurance industry in the disaster area achieved rapid development. From January to May this year, the growth rates of accident insurance in Deyang, Mianyang and Guangyuan reached 98.8%, 98.3% and 265.4% respectively.

　　The growth footprint of the insurance industry can be followed: it is born of hardship, and it is synchronized with economic development, national strength and people’s prosperity.

　　On October 20th, 1949, the 20th day after the birth of New China, the central government approved the establishment of China People’s Insurance Company, the only insurance company in China. Starting from this, China’s insurance industry embarked on an extraordinary journey: in the late 1950s, the national financial conference decided to "immediately stop domestic insurance business"; Until April 1979, the State Council made a major decision to "gradually restore domestic insurance business"-the insurance industry, which had been silent for 20 years, revived in the spring breeze of reform and opening up.

　　"In the early days of reform and opening up, insurance was still a new thing for most people, and even many people mistakenly thought it was selling safes." As an old insurer, Lao Zhongping of China People’s Insurance Company Jiangmen Branch basically witnessed the leap from birth to "standing" in China’s insurance industry: from the beginning, one company monopolized the world, and the total premium income was only 460 million yuan. By the end of 2008, there were 120 insurance companies nationwide, achieving a premium income of 978.4 billion yuan, exceeding the sum of the national premium income from 1980 to 1999, and the market scale increased by more than 2,000 times.

　　In the past, people’s impression of insurance was limited to the "family property insurance policy" that they had vaguely seen. Now, a car insurance policy of several hundred yuan can intensively make more than 10 services such as "24-hour claim settlement", "private car escrow" and "drunk driving".

　　Thirteen employees and several dilapidated offices were the only assets of China Ping An Insurance when it was established in 1988. In June 2009, Ping An Insurance, with assets of 750 billion yuan, bought Shenzhen Development Bank in a big way-20 years later, China insurance industry blew the horn of marching into the comprehensive financial kingdom …

　　(The photos in this edition are provided by the People’s Bank of China and the China Insurance Regulatory Commission except the signature) Chart production: Li Jinjie

Editor: Xu Guimei

　　[car home New Car Listed] Today (August 20th), the new FAW Mazda (|) was officially listed. The new car has launched a total of six models.The guiding price range is 175,800-239,800 yuan.Please see the figure below for details:

New car features:
Appearance: Highlight the younger design style.

　　The appearance of the new car adopts the design with obvious family style, which looks very young as a whole and conforms to the current design trend. In particular, the design details of the front and rear light groups make this new car look more fashionable and sharp.

　　The new Artz has a length/width/height of 4870/1840/1451mm and a wheelbase of 2830 mm. Although the body size data has hardly changed compared with the current models, such size is still competitive in medium-sized cars. According to the information obtained so far, depending on the configuration, this car will be equipped with 225/55 R17 or 225/45 R19 tires. In addition, in fact, on the whole, the rear design of the new Artz has not changed much, maintaining the design scheme of the current model.

Interior: The design is completely updated.

　　Entering the car, you can see that the overall interior design style of Artz is still simple, and in terms of materials, the use of leather and soft materials also enhances the sense of grade in the car. In terms of in-car configuration, the dashboard with LCD display, the floating central control panel and the paddle shift equipped on the current model all appear on the new car, and the configuration of the new car is not low.

　　In terms of seats, from our previous experience of this new car at the auto show, the new Artz seats wrapped in Nappa leather emphasize comfort more. The skylight above the seat is not equipped with a larger panoramic skylight because it is still a modified model. Friends who need panoramic skylights may have to wait until Artz is completely replaced.

Space experience: there is no difference with the current models.

Storage space: abundant and spacious luggage compartment.

　　An experiencer with a height of 186cm can get two fingers of head space in the front row, one finger in the back row and four fingers of leg space. In addition, in terms of storage space, because the size of the car body has not changed much, generally speaking, its riding experience and storage space are not significantly different from those of the current models.

Power and suspension: 2.0L/2.5 naturally aspirated engine +6AT gearbox/equipped with acceleration vector control system.

　　Finally, in terms of power, the car will still be equipped with two naturally aspirated four-cylinder engines of 2.0L/2.5L, with a maximum power of 158 HP and 192 HP. It comes standard with 6AT gearbox and meets the national six emission standards. In addition, the car will be equipped with Mazda’s GVC acceleration vector control system, which can control the engine torque to improve the response speed during steering and improve the handling performance.

Review of test drive experience:

　　In terms of power, the engine parameters have not changed. The new Artz is still not a strong "100-meter race", and its acceleration ability is bound to be inferior to the mainstream turbocharged engine models nowadays, and this is no longer the feature that Artz focuses on sports. From the driving experience, the response speed of the accelerator pedal is more agile than that of the old models, and the driving experience can be more relaxed for daily driving and congested road conditions.

　　With the performance of different brand models becoming more and more similar, the new Artz has to compromise its own sports characteristics. First of all, in terms of the vibration filtering ability of the suspension, the new model has been improved compared with the old model. On the road passing through multiple cross speed bumps placed in the venue, by comparing the feelings of the new and old models when passing through, we can feel that the comfort of the new Artz is better, which is definitely a big step for it to compromise with market demand.

　　After driving the vehicle in the venue with a little intensity, I found that the steering wheel of the new model is more compact and harder to turn than the old model, which is my favorite type. In addition, GVC Plus can also feel the improvement of vehicle cornering stability.

　　The last sensory change lies in the work done by the new Artz in quietness. It is true that the NVH of the vehicle has improved compared with the old models, especially the driving noise of the chassis part has been suppressed better, which is also a point that the old models have often been spit out. Of course, this is only a change in perception, and noise test data is actually needed to confirm it.

New car background:

　　When it comes to Atenza, we have to mention mazda 6. In May 2002, the first generation of mazda 6 was first introduced, and its Japanese car name Atenza originated from the Italian word "Attenzione", which means "attention". This car is the first model of Mazda’s family car series "Zoom-Zoom" concept. This generation of mazda 6 also launched a high-performance model-Mazda Speed Atenza. At that time, Mazda established its competitors in Subaru impreza WRX STI and Mitsubishi Lan Se EVO.

　　In 2003, after the marriage of Mazda and China FAW Car, the first model launched was mazda 6. In that year, mazda 6 was launched at the end of 2003, and only the 2.3L model entered China for the first time, and the 2.0L model was introduced in July 2004.In 2009, FAW Mazda officially introduced the second generation mazda 6 into China and named it "Ruiyi".

　　In 2014, FAW Mazda officially released the third-generation Mazda Atenza, which is a cash model based on Takeri concept car. Thanks to the "soul-moving" design concept, it looks particularly dynamic, even today. It is definitely a sports medium-sized car that is not outdated. However, there are many competitors in the medium-sized automobile market, and after all, after five years in the market, consumers are somewhat accustomed to the design and configuration of this car. Therefore, the plan to change the new car is imperative, which leads to the launch of the new Mazda Artz we saw today.

Competitor analysis:

　　The medium-sized car market has always been a battleground for mainstream joint venture brands, so the competition of this class of cars is also quite fierce. There are quite a few competitors of Artz, such as Accord, Camry, Passat, Teana, Mai Rui Bao XL, Regal, Speedmaster, etc … These models have already occupied a lot of shares in the market, so the competition that the new Artz will face after listing will be quite fierce.

Summary:

　　Judging from the information we got and the price of this car, the new Artz is still cost-effective to some extent. In particular, the appearance and interior design after the "replacement" can still give people a bright feeling to some extent. Of course, it will compete with a long list of competitors for the market after listing. I believe that with Mazda’s market appeal and the product strength of this new car, it can still get a slice of the fierce competition in the medium-sized automobile market. (Text/car home Luo Aoyu)

In the [Easy Car Qingyuan Local Car Market Promotion Channel], we sorted out the ongoing
Preferential activities. As a model that has attracted much attention, the current price reduction rate of BMW 5 Series is still very amazing. The highest discount rate can even reach 136,700, and the lowest starting price is only 325,500. You can win a larger discount rate by clicking the "Inquiry" button in the quotation form. If you are looking for a practical and affordable model, you may wish to learn about the preferential situation of BMW 5 Series.

First of all, from the appearance, the front face design of BMW 5 Series is very avant-garde, and the middle net adopts kidney-shaped shape, which looks more exquisite. Then the dynamic and lively headlight design is adopted, and the visual effect is very eye-catching. The car is equipped with LED daytime running lights, headlight height adjustment, automatic opening and closing, adaptive far and near light, automatic steering, delayed closing and so on. Come to the car side, the car body size is 5175MM*1900MM*1520MM, the car uses tough lines, the car body looks very spiritual, with large-size thick-walled tires, the overall visual effect is very angular. In the rear part, the rear part looks more domineering and stylish, and the taillights present a simple and fashionable design style. The exhaust pipe below adopts the design of bilateral single outlet, and the shape is relatively cold.

Sitting in the car, the interior design of BMW 5 Series is very atmospheric, highlighting the hierarchical effect. The car’s steering wheel uses a four-position design, equipped with electric up and down+front and rear adjustment, steering wheel memory, steering wheel shifting, steering wheel heating and other functions, giving people an impulse to control it. From the central control point of view, with the 14.9-inch touch-sensitive LCD central control screen, the interior design is quite layered and looks deep and elegant. The dashboard and seats are equally eye-catching. The car is equipped with a streamlined dashboard and its shape has taken a sports route. The car uses leather seats, which are wide and thick, and the overall ride feels soft and comfortable.

As a medium-sized and large-sized car, the overall space performance of the BMW 5 Series is excellent, and both riding and storage are satisfactory. Its power system is even more powerful, and the acceleration is fast and smooth, which brings excellent control experience to drivers. In terms of appearance, the design style of BMW 5 Series is fashionable and elegant, which is very eye-catching. Generally speaking, the BMW 5 Series is an excellent model with performance, comfort and face value, which is worth recommending.

In terms of appearance, judging from the previously exposed photos, the front face of the new allroad continues Audi’s family-style design language, and the iconic hexagonal air intake grille, together with the unique front enclosure, makes it look younger and more dynamic. The overall shape has many similarities with the new Audi A6avant. The headlight groups on both sides use the latest led light source and are decorated with chrome-plated decorative strips, which looks more exquisite. In addition, the new car also provides two different styles of air intake grille for consumers to choose from. On the side of the car body, the waistline design of the new car is very tough, with multi-spoke rims and black scuff plates, which is full of movement. Silver decorative strips are also decorated around the window to make it look more textured. The design style of the new car tail is also very similar to the brand-new. A silver decorative strip connects the taillights on both sides, further widening the visual effect of the whole car.

In terms of interior, Audi A6avant avant-garde adopts Audi’s latest virtual cockpit design style, and the cool all-LCD instrument panel +10.1-inch central control LCD screen not only enhances the sense of technology in the car, but also effectively enhances the sense of luxury in the car.

The length, width and height are 4951×1902×1504mm respectively, and the wheelbase has reached 2925 mm. In the same class, the wheelbase of Audi A6 ranks 11th. As a medium-sized and large-sized car, its body size does not occupy much advantage in its class, and its internal seating space is only basically enough. After all, it is limited by the length and shape of the car body. The design of skylight also increases the subjective space feeling of front and rear passengers. In the same price and class, the trunk volume of Audi A6 ranks third. The storage space in the car is quite satisfactory and basically sufficient. The interior space of the luggage compartment is relatively regular, with very good longitudinal depth and high expansibility, and the space performance is generally ideal.

Audi A6Allroad Explorer 55 TFSI quattro exclusive off-road model adopts 3.0 engine, with maximum horsepower of 340 and peak torque of 500, matching with wet dual clutch (DCT) gearbox. The 3.0 engine with Audi A6 is quite satisfactory in power performance, with weak low torque and can feel hysteresis. The official measured acceleration of Audi A6 is 5.6S, ranking 5th among 400,000-800,000 medium and large-sized cars.

The active/passive safety configuration of Audi A6 is complete, includingAutomatic parking、Zero tire pressure endurance tire、Automatic parking、Steep slope descent、hill start assist control、knee airbag、HUD head-up display、Anti-lock braking (ABS)、Braking force distribution (EBD/CBC, etc.)、Brake assist (EBA/BAS, etc.)、Traction control (ASR/TCS, etc.)、Active noise reduction、Engine start and stop、Side safety air curtain、Wireless charging of mobile phone、night vision system、LED daytime running lights、Forward reversing radar、Tire pressure monitoring、Steering wheel heating、Body stability control (ESP/DSC, etc.)、Rear reversing radar、Fatigue reminder、Remote parking、Child seat interface、Lane keeping (LKAS)Equal configuration.

Among them,Automatic parkingYou can avoid stepping on the brakes for a long time or needing to pull frequently;Steep slope descentCan safely pass through steep slope road conditions at low speed;knee airbagReduce the injury of the car interior to the occupant’s knees in the secondary collision.

If the above data and participation can’t fully understand the Audi A6, then we can give you a more comprehensive reference based on the word-of-mouth information of users who have purchased the Audi A6 in history. It can be seen that what people are most satisfied with the Audi A6 is that its interior looks good. In addition, the smooth body and advanced interior are also the points that people like it.

[CNMO Technology News] On November 18th, Huawei officially announced that it would hold the Huawei Mate brand ceremony at 14: 30 on November 26th. It is widely speculated that Huawei will officially release Huawei Mate 70 series, Huawei Mate X6 dual folding screen mobile phone and Zhijie new S7 electric car at this event. CNMO noted that the new products that Huawei will release on the 26th may be far more than the above models.

On November 18th, Bruce Lee, Huawei terminal BG CTO, issued a document to warm up Huawei Mate brand ceremony. According to the platform information, the device used by Bruce Lee is a "HarmonyOS device to be released soon". It is worth noting that this "HarmonyOS device to be released soon" is probably not Huawei Mate 70 series, because when Yu Chengdong, managing director of Huawei, and He Gang, CEO of Huawei Terminal BG, issued a document to warm up, the small tail of the model was "HUAWEI Mate 70 Pro+".

It is worth mentioning that not long ago, a source revealed that Huawei’s pure blood HarmonyOS tablet is coming, and pure blood HarmonyOS PC is also on its way. Therefore, Huawei may release a brand-new pure blood HarmonyOS tablet at the 26th event, but it has not been officially announced yet.

CNMO understands that whether it is Huawei Mate 70 series or Huawei Mate X6 dual folding screen mobile phone, they may bring a lot of new designs and technologies and become the strongest Mate in Huawei!

In appearance, the domestic new model continues the overseas model design, and the overall shape is basically the same as that of the old model. The front face of the new car is equipped with a kidney-shaped air intake grille, and the interior is decorated with chrome plating, and double L-shaped daytime running lights are used. The shape of the car side is slender, and multi-spoke aluminum alloy wheels are selected. The rear of the car has been redesigned, and the exhaust is a bilateral single-outlet layout, and the overall design of the rear of the car is more full.

The interior of the new car is still family-style, the suspended central control panel is square, three-position and drumstick shift levers are equipped, the shift lever of the new car is quite thick, and it is also equipped with a new generation of BMW idrive7.0 system, and some details in the car are decorated with silver trim strips.

The length, width and height are 4838×1827×1454mm respectively, and the wheelbase has reached 2961 mm. In the same class, the wheelbase of BMW 3 Series ranks first. One bright spot is that its width reaches 1827mm, which reflects that the lateral space inside the car is not bad. The design of skylight also increases the subjective space feeling of front and rear passengers. Among the models of the same price and class, the trunk volume of BMW 3 Series ranks 12th. It can basically meet the luggage space for family travel. But there is no extra hidden storage space.

The BMW 3 Series is equipped with a combination of 2.0 turbocharged engine (direct injection) and automatic manual (AT). The power performance of the 2.0 engine on the BMW 3 Series is quite satisfactory, and the low torque is weak and the hysteresis can be felt. The official measured acceleration of BMW 3 Series is 6.3S, ranking 6th among 250,000-400,000 medium-sized car models.

The active/passive safety configuration of BMW 3 Series is complete, includingAutomatic parking、Zero tire pressure endurance tire、Automatic parking、Steep slope descent、hill start assist control、knee airbag、HUD head-up display、Anti-lock braking (ABS)、Braking force distribution (EBD/CBC, etc.)、Brake assist (EBA/BAS, etc.)、Traction control (ASR/TCS, etc.)、Active noise reduction、Engine start and stop、Side safety air curtain、Wireless charging of mobile phone、night vision system、LED daytime running lights、Forward reversing radar、Tire pressure monitoring、Steering wheel heating、Body stability control (ESP/DSC, etc.)、Rear reversing radar、Fatigue reminder、Remote parking、Child seat interface、Lane keeping (LKAS)Equal configuration.

Among them,Automatic parkingYou can avoid stepping on the brakes for a long time or needing to pull frequently;Steep slope descentCan safely pass through steep slope road conditions at low speed;knee airbagReduce the injury of the car interior to the occupant’s knees in the secondary collision.

In addition to the above description, we can also go to the Easy Car Forum to browse more real car feedback from actual buyers, or use our experience.

　　[car home Industry] The cross-border practice of "singing and guiding when acting well" is not only in the entertainment circle, but also in all walks of life. Especially under the new energy outlet, head enterprises in various fields have laid out here one after another. Although there is a weakening trend in the past two years, there are still strong entrants. This is not the case. Recently, Midea Group spent 740 million yuan to win 23.73% of the voting rights of Hekang Xinneng, and indirectly became the controlling shareholder of Hekang Xinneng through its subordinate group Midea HVAC, becoming the real power holder.

　　Hekang Xinneng has long occupied a place in the field of new energy vehicles, and has formed a supporting relationship with FAW, Jianghuai and other car companies. This makes the outside world think that the acquisition of Hekang Xinneng is a signal that Midea wants to return to the "car circle". However, before Oaks "bought a lesson for 40 million yuan", and after Gree "struggled in the sea of suffering", why should Midea "get into the muddy water again"?

■　Midea’s car "Second Palace"

　　This is not the first time that Midea wants to build a car. As early as 2003, Midea announced that it would start with passenger cars and enter the automobile industry with high profile. At that time, due to the high profit margin of the automobile industry, the whole manufacturing industry set off a "car fever", and giants in the mobile phone, home appliances, tobacco and other industries tried water one after another. Midea signed a 2 billion yuan "Yunnan Midea Automobile Integration Project"; Aux Group invested 50 million yuan to acquire 95% shares of Shenyang Shuangma Automobile. Bird, Wuliangye and Hongta are also planning to set foot in the automobile field with a lot of money. With the continuous influx of capital and enterprises, there is quite a trend of building cars with new energy.

　　In the next three years or so, Midea Group moved the fastest, successively acquiring Yunnan Bus Factory, Yunnan Aerospace Shenzhou Automobile Co., Ltd. and Hunan Sanxiang Bus Group Co., Ltd., and building two major bus manufacturing bases of Midea-Kunming New Base and Changsha New Base, with the manufacturing capacity of 10,000 buses and special chassis. And set the goal of "becoming a leading bus manufacturer in China within 3 to 5 years".

In 2009, BYD acquired Changsha Automobile Production Base of Midea.

　　However, due to the misjudgment of the market and the impact of the economic crisis, Midea Group revised its three-year plan in early 2008, and the automobile business was not mentioned in the blueprint for realizing 120 billion yuan in 2010. In the same year, Midea officially announced the suspension of the car-making project, and its initial involvement in the car-making circle failed. In 2009, the Changsha Municipal Government of Hunan Province spent RMB 108 million to acquire the Changsha production base of Midea Sanxiang Bus Company. BYD invested 60 million yuan to take over the Changsha automobile production base of Midea to produce electric buses and chassis.

　　In this period of car-building tide, Midea persisted for a long time, while another big household appliance company, Oaks, only briefly set foot in the automobile manufacturing industry for two years and withdrew from it early in 2005. At that time, Oaks spokesperson Huang Jiangwei concluded, "Oaks is a car dream, and the price of this dream is 40 million yuan."

　　Unlike the full withdrawal of Oaks, Midea Group has been "lurking" and its voice about building a car has not stopped. In 2016, at the 2nd Asian Consumer Electronics Show, Midea joined hands with OnStar to extend its reach to the automotive Internet, which was also regarded by the industry as a signal that Midea Group "made a comeback" in the automotive field. This time, a one-time 740 million yuan is thrown. Undoubtedly, Midea’s determination to return to the car circle has been decided.

　　Although Jiang Peng, secretary of the board of directors of Midea Group, said that "at least there is no consideration for building a car for the time being". For this acquisition, more consideration is given to the synergy and integration of industries, including the synergy between the high and low voltage frequency conversion and servo services of Hekang Xinneng and the business layout of Midea Group. However, the outside world still thinks that the beautiful car will "make a comeback."

■　Who is Hekang Xinneng?

　　Midea Group, which is "second in the palace", will obviously be more cautious in choosing cars, which also makes the outside world more curious about Hekang Xinneng.

　　According to the data of enterprise investigation, Hekang Xinneng was established in 2003, which is an enterprise specializing in R&D and production of high-voltage and high-power inverters. Judging from the industrial and commercial information disclosed, its business scope also involves the technical development of the industrial chain operation of new energy vehicles and their charging piles.

　　Unlike Gree’s choice of Yinlong, a vehicle manufacturer, Midea’s re-entry into the car circle starts with parts companies. At present, in the powertrain and key parts of new energy vehicles, Hekang Xinneng related products have formed supporting relationships with many domestic mainstream car manufacturers such as FAW and Jianghuai.

　　It is beneficial to Midea Group’s investment. On the day of the announcement on March 25, 2020, the share price of Hekang Xinneng went up strongly, and the share price of Midea Group also rose by more than 3%. Hekang Xinneng said in the announcement that through this transaction, the company entered the system of Midea Group, and with the help of Midea Group’s excellent management model and strong R&D and production capacity, it was conducive to improving the overall performance of the company.

　　Subsequently, for several consecutive trading days, the share price of Hekang Xinneng continued to limit, which also attracted the attention of Shenzhen Stock Exchange. On April 7, Hekang Xinneng received an inquiry letter from Shenzhen Stock Exchange, asking it to supplement the specific content of the new energy automobile business, the income, profit and proportion realized in the last three years, and whether it has worked out specific plans or arrangements with Midea HVAC for the future development of the business.

　　At present, Hekang Xinneng has not responded to the inquiry, pending the release of further revenue information, etc., or we can have a deeper understanding of Hekang Xinneng and the reasons for Midea’s acquisition.

■　Why does the home appliance industry love "building cars"?

　　The first intimate contact between traditional home appliance enterprises and automobiles can be traced back to 1996. In the 1990s, Anhui Yangzi Group reduced the proportion of its home appliance projects, focusing on large domestic automobile enterprises and bus industry. Subsequently, a large number of home appliance manufacturers such as Chunlan, Oaks, Henan Xinfei, and Shandong Xiaoya poured in, but all ended in failure.

　　Until 2011, Huang Hongsheng, the founder of Skyworth Group, turned his attention to the field of new energy commercial vehicles, and the Nanjing Jinlong Bus he founded became the first case in which a home appliance enterprise successfully transplanted the automobile industry. In November 2019, Huang Hongsheng went on to enter passenger cars and set up Tianmei Automobile. The first model BE11 was officially named ET5, and the new car was positioned as a pure electric medium-sized SUV, which will go on sale in the third quarter of this year.

『(|)』

　　It can be said that home appliance enterprises are "almost extinct" in the automotive field. Why did Midea choose to enter strongly at this time? A big reason is that you need to find new business growth points.

　　After the revenue in 2017 exceeded 200 billion yuan, the growth rate of Midea Group’s main business slowed down significantly. In 2018, Midea Group achieved an operating income of 259.665 billion yuan, a year-on-year increase of 7.87%; The net profit attributable to shareholders of listed companies was 20.23 billion yuan, a year-on-year increase of 17.05%. Among them, the consumer electronics business including kitchen appliances, refrigerators, washing machines and various small household appliances achieved revenue of 102.993 billion yuan, up 4.3% year-on-year, and its share in the US revenue dropped from 41.02% to 39.66%. It can be seen that the growth of Midea Group’s consumer electronics business is exhausted.

　　Car air conditioning business or a good choice. Although Midea, Gree and other enterprises have a high market share in household air conditioning, they can hardly rank in automobile air conditioning. The core technology of compressor, an important accessory of automobile air conditioning, is in the hands of foreign enterprises. Without the core technology, there is no right to speak. When the automobile is transformed from a fuel vehicle to a new energy source, the power source of air conditioning and refrigeration is also changed from an engine to a battery. The development of new energy vehicles has also brought opportunities to China enterprises in the field of automobile air conditioning. This may also explain why beauty should start with parts.

　　If Midea can use this as a vehicle air conditioner, the input-output ratio is huge and positive. Analysts in the automotive industry believe that if Midea can get 10 million orders for a car air conditioner with a price of 2,000 yuan, the market will be at the level of hundreds of billions, which is still very attractive compared with billions of investments. Of course, Gree also wants to eat this cake, and the "struggle" between them will extend from home appliances to cars.

"Midea Group should also join the smart car ecosystem"

　　In addition to the air-conditioning business, with the upgrading of the intelligent level of automobiles, the smart car ecosystem is also a big "selling point" that car companies are striving to build. Using mobile intelligent terminals like cars to connect them with beautiful smart home products and consumption ecology may lead to new business models and unlimited imagination.

　　Especially in recent years, Midea Group has been active in the market under the label of "Global Technology Group". On the one hand, it acquired the German robot giant KUKA; On the other hand, Midea Group also reached a strategic cooperation with SAIC-GM Anjixing on smart home and car networking applications. This time, the attitude of increasing investment in the automobile circle and breaking into the whole ecosystem of the Internet of Things is obvious.

■　Full text summary

　　Li Shanyou, the founder of Chaos University, mentioned in a sharing: "The first curve of any enterprise’s development is bound to encounter a limit point. Once the limit point appears, the growth of the enterprise is almost irreversible. If you don’t innovate, you will die, but innovation may be death. This is a dilemma between management and innovation." How to balance and innovate is something that managers need to ponder carefully. At the moment when Midea Group’s main business is approaching the ceiling, it is inevitable to seek a breakthrough. After the choice, how to further choose and ensure that the new choice can hold up a sky in a few years is a problem that enterprises need to think about. For us ordinary spectators, the "war" between Midea and Gree has been "eating melons" for a long time from the field of home appliances to the car circle. Of course, we will also pay attention to the follow-up story. (Text/car home Zhang Wei)

　　[Nineteenth Global Hot Review]

　　■ Russia

　　Moscow, October 18th (Reporter Wang Jiabo)Russian mainstream media paid close attention to the report made by the Supreme Leader in The 19th National Congress of the Communist Party of China on the 18th, and adopted such striking headlines as Supreme Leader: the 19th National Congress of the Communist Party of China is an important congress for Socialism with Chinese characteristics to enter a new era, Supreme Leader: China calls on people of all countries to work together to build a community of human destiny, Supreme Leader: China will never seek hegemony no matter how developed it is, Supreme Leader: China will not give up the policy of opening to the outside world, and Supreme Leader: China People’s Army will be built into a world-class army in the middle of this century.

　　Sputnik news agency & radio reported that when the Supreme Leader made a report in The 19th National Congress of the Communist Party of China, he said that China called on people of all countries to make concerted efforts to build a community of human destiny. The Supreme Leader stated that China will hold high the banner of peace, development, cooperation and win-win, abide by the foreign policy purpose of safeguarding world peace and promoting common development, unswervingly develop friendly cooperation with other countries on the basis of the Five Principles of Peaceful Coexistence, and promote the construction of a new type of international relations featuring mutual respect, fairness, justice and win-win cooperation.

　　According to the report, the supreme leader also stressed the need to build a world of lasting peace, universal security, common prosperity, openness, tolerance, cleanliness and beauty. We should respect each other and negotiate on an equal footing, resolutely abandon the cold war mentality and power politics, and take a new path of state-to-state exchanges of dialogue without confrontation and partnership without alliance. We should persist in resolving disputes through dialogue, resolve differences through consultation, make overall plans to deal with traditional and non-traditional security threats and oppose all forms of terrorism. We should help each other in the same boat, promote the liberalization and facilitation of trade and investment, and promote economic globalization in a more open, inclusive, inclusive, balanced and win-win direction. We should respect the diversity of world civilizations, transcend the barriers between civilizations, learn from each other, and coexist with each other. We should adhere to environmental friendliness, cooperate to cope with climate change, and protect the earth’s homeland on which human beings depend.

　　■ USA

　　Newspaper, Washington, October 17th (Reporter Tang Xianying)The 19th National Congress of the Communist Party of China attracted the attention of American media, and various mainstream media reported it in various forms.

　　On the 17th, CNN published an article entitled "What do you need to know about the 19th National Congress of the Communist Party of China". The article gives readers a detailed introduction to the organizational structure of the Communist Party of China (CPC), the number of delegates attending the 19th National Congress, the number of party member in China and the tasks held at the 19th National Congress. According to the article, China’s "international status has achieved unprecedented promotion". The article further points out that the 19th National Congress will draw up a blueprint for China’s future participation in the world process, and China’s influence in the world today is more than ever before.

　　Washington post, published on 17th, reported in A10 that the 19th National Congress of the Communist Party of China would be held soon. The newspaper published a poster of the Chairman of the Supreme Leader waving and smiling with the slogan "Chinese Dream, People’s Dream" printed on it.

　　In an article published on 17th about the 19th National Congress of the Communist Party of China, USA-Today, the mainstream media in the United States, quoted Elizabeth Konomi, director of the Asia Program of the Council on Foreign Relations, an American think tank, as saying that the Chairman of the Supreme Leader has put forward many initiatives, and now it is necessary to implement them properly. The article said that in the past five years, China’s economic growth has been accompanied by the improvement of people’s living standards; Strengthened influence in international affairs; Promote popular anti-corruption actions; By seeking consensus on trade and currency issues, relations with the United States have been improved. Finally, the article points out that ordinary people in China are full of expectations for the Supreme Leader Chairman to continue to lead China, and China will surely develop steadily and better.

　　■ Serbia

　　Newspaper, Belgrade, October 18th, by reporter Jiazheng ZhaoThe mainstream media in Balkan countries concentrated on the opening of the 19th National Congress and the report of the supreme leader at the opening ceremony in a prominent position today.

　　Serbia’s Nantong News Agency posted a live video of the opening ceremony of the 19th National Congress on its website, and distributed detailed graphic reports, saying that the Chinese nation has ushered in a great leap from standing up, getting rich and becoming strong. The Chinese nation will stand among the nations of the world with a more high-spirited attitude.

　　Serbian Beta News Agency focused on the report on China’s continued openness, saying that China leaders stressed that the door to China’s opening will not be closed, but will only grow wider. It is necessary to focus on the construction of the "Belt and Road", adhere to the principle of paying equal attention to bringing in and going out, follow the principle of joint construction and sharing, strengthen open cooperation in innovation capabilities, and form an open pattern of linkage between land and sea and mutual assistance between East and West. This provides a guarantee for foreign investors to continue to expand their investment in China.

　　■ Philippines

　　Newspaper, Manila, October 18th (Reporter Zhao Zhongwen)On the 18th, the opening of the 19th National Congress of the Communist Party of China attracted much attention from the Chinese community in the Philippines. World Journal, Business Daily and two other English-language media, the main media of Filipino Chinese society, sent reporters to Beijing to cover the opening ceremony of the 19th National Congress. Many Chinese watched the opening ceremony of the 19th National Congress live on TV that day and listened carefully to the report made by the supreme leader. In interviews, they all expressed their pride in the stable development of China, their confidence in the future of China and their firm belief that China will have a better tomorrow.

　　Many Chinese in the Philippines said that they were very excited to watch the report of the Supreme Leader at the opening ceremony of the 19th National Congress. The report objectively summarizes the work of the CPC in the past five years and draws a grand blueprint for future work. Based on China’s national conditions, the report puts forward the concepts of "Socialism with Chinese characteristics has entered a new era", "the principal contradiction in our society has been transformed", "Socialism with Chinese characteristics Thought in the new era" and "a powerful socialist country with modernization". The report is objective and comprehensive, which not only affirms the achievements, but also does not taboo the existing problems, and points out the direction for future work. As overseas Chinese living abroad, I sincerely hope that the motherland will be richer, more stable and stronger under the leadership of the CPC.

　　The reunification of the motherland has always been the focus of overseas Chinese. The report emphasizes, "Insist on ‘ One country, two systems ’ And promote the reunification of the motherland ",which greatly encouraged Chinese in the Philippines and strengthened their confidence in opposing the" Taiwan independence ". In 2016 and 2017, Philippine-Chinese groups issued statements against "Taiwan independence" for many times. The report stated that it adheres to the concept of "one family on both sides of the strait" and that it resolutely safeguards national sovereignty and territorial integrity and will never tolerate the recurrence of the historical tragedy of national division. All activities to split the motherland are bound to be resolutely opposed by all China people. This fully expresses the aspirations of overseas Chinese, who will continue to carry out various forms of anti-Taiwan independence activities and safeguard the reunification of the motherland.

　　■ Israel

　　Tel Aviv, October 18th (Reporter Wang Shuiping)The Israeli media paid close attention to the convening of the 19th National Congress of the Communist Party of China.

　　The Jerusalem Post published an article saying that the 19th National Congress of the Communist Party of China will have a far-reaching impact on the world. The article points out that the Communist Party of China (CPC), with more than 89 million party member, is the largest political party in the world, exceeding the German population and more than ten times the Israeli population.

　　The article holds that in the past five years, the Communist Party of China (CPC), led by the supreme leader, launched an unprecedented anti-corruption struggle, and many leading cadres in party member were punished. Poverty alleviation has lifted tens of millions of people out of poverty, and China has become the second largest economy in the world.

　　At the end of the article, the Belt and Road Initiative is China’s landmark diplomatic initiative. Connecting Asia and Europe through infrastructure networks and investment networks not only promotes China’s own economic development, but also promotes the ties among countries, which is a very good opportunity for Israel.

On September 10th, there were six major new car launches, among which this one was definitely in the top three. On that day, not only Robin Li, chairman and CEO of Baidu, visited the site personally, but also Zeng Yuqun, chairman and CEO of Contemporary Amperex Technology Co., Limited, and Li Bin, founder, chairman and CEO of Weilai, attended the event as special guests.

In the end, on the same day, it was announced that the preferential price of the limited-time car purchase in Extreme Yue 2007 was 19.99-28.99 million yuan (including 10,000 yuan limited-time cash relief), and a series of rights and interests were provided.

Compared with similar models of other new forces, the Extreme Yue 07 has several outstanding labels.

First, high investment. Extreme Yue 07 was praised as "the world’s first car with an investment of over 100 billion yuan" by Xia Yiping, CEO of Extreme Yue, and its name of 100 billion yuan is definitely not empty.

The first is intelligent driving. As the two major heads in the world, which are known as pure vision solutions together with Tesla, the ASD Apollo high-order intelligent driving of Extreme Yue 07 is based on "pure vision+end-to-end big model", and Baidu’s intelligent driving investment is as high as 50 billion; It is planned that by the end of 2024, ASD can be used wherever Baidu map navigation can reach, and it can be opened all over the country.

The second is the AI capability of Extreme Yue 07, which is the AI capability/comprehensive empowerment formed by Baidu’s continuous investment of over 170 billion yuan for more than 10 years;

The third one is based on the vast SEA architecture that Geely spent over 18 billion yuan on research and development in four years. The chassis has a front all-aluminum double wishbone/rear all-aluminum H-Arm multi-link independent suspension, provides Brembo four-piston fixed calipers, and selects Contemporary Amperex Technology Co., Limited high-performance power battery with a total investment of over 70 billion yuan.

Second, high face value, Extreme Yue 07 has a smooth coupe shape, and the design is inspired by the Venus statue. The curves, radians and angular data of its body are internalized in the aesthetic design of Extreme Yue 07. In the research and development of the ultra-Yue 07 model, it cost 300 million yuan to move the A-pillar backward by 65mm only once, in exchange for the excellent body proportion and the inclination angle of the A-pillar, and finally the "Venus curve" was presented.

In addition, Extreme Yue 07 also has excellent tailgate loading capacity under high value, and the large hatchback structure brings a similar large opening tailgate, which is very rare in the trend that new forces often lose practicality and hard concave shape.

In addition, the Extreme Yue 07 has a drag coefficient as low as 0.198Cd, and the research and development is full of gold, and the high-performance automatic lifting tail is enough to pull the wind.

Interior, 35.6-inch huge horizontal screen and decorative board materials, 0-formaldehyde full-grain nappa leather seat fabric are very elegant, and 256-color atmosphere lights and liftable speakers add a lot of sense of ceremony.

Third, long battery life+high rights and interests

Extreme Yue 07 has launched three configuration models, and the standard version of CLTC has a cruising range of 660km.

Known as the "king of endurance cost performance", the extremely long endurance version of 07, based on a 100-degree battery, CLTC has a maximum endurance of 880km；; Both the standard version and the long-life version use a single motor with a peak power of 200kW, and the zero-acceleration is 6.9s and 6.5s respectively.

Extreme Yue 07 Performance Edition, based on 800v architecture, is equipped with a system, with a maximum power of 530kW, a zero-speed acceleration of 3.5s and a CLTC cruising range of 770km.

Among the rights and interests of the first sale of new cars, if you buy a car before 24: 00 on September 30 and get the car before January 31, 2025, you can also get the 3-year use right of the 1,500-kilowatt electric card or the 7kW DC household charging pile service package, the lifetime warranty of the whole vehicle and the three-electric system, the lifetime free road rescue, the 3-month free experience of ASD advanced intelligent driving, and the repurchase rights.

In addition, for the Extreme Yue 07 Standard Edition and the Long Life Edition, a "Comfortable Suit +U-shaped Steering Wheel +6 Color Options" worth 26,000 yuan will be given free of charge; For the Extreme Yue 07 Performance Edition, a "sports suit +U-shaped steering wheel +6 color options" worth 13,000 yuan will be given free of charge.

Wen | Zhang Bureau

Figure | Network